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Treasurer Jim Chalmers addressed One Nation's polling gains and defended proposed changes to negative gearing and capital gains tax at a Labor policy forum in Sydney.
A three-bedroom fixer-upper in Glebe attracted two bidders and sold for $2.19 million on Saturday. The result followed federal tax changes announced by Treasurer Jim Chalmers that altered incentives for investors and first-home buyers.
Business groups have called on Treasurer Jim Chalmers to publish modeling on how proposed capital gains tax changes will affect productivity. The government says the changes will support productivity over time by reducing tax-driven investment decisions.
WiredClaire Chandler, Australia's shadow minister for finance, responded to Treasurer Jim Chalmers' delivery of the 2026 federal budget by arguing against increasing taxes on housing. Chandler advocated for building more houses instead of taxing them and referenced multiple government…
Prime Minister Anthony Albanese, Treasurer Jim Chalmers and Finance Minister Katy Gallagher began discussions in November on options to alter negative gearing, the capital gains tax discount and trusts. The moves would reverse election commitments made by Albanese.
Treasurer Jim Chalmers will unveil the $2 billion fund on Tuesday alongside capital gains tax and negative gearing changes. The program builds on a prior $1 billion allocation and contrasts with the Coalition's $5 billion 2025 election pledge. It aims to deliver an extra 65,000 h…