Topic

tax-reform

18 stories related to this topic, newest first.

Australian government reduces fuel excise cut and confirms H5N1 bird flu case

sbs.com.au

world22 hrs ago

Australian government reduces fuel excise cut and confirms H5N1 bird flu case

The government will halve its temporary fuel excise relief next month. Authorities confirmed the first H5N1 bird flu detection in Australia on Saturday.

1 source

Senate NDIS Inquiry Delayed Again as Government Savings Target and Reform Concerns Both Rise

michaelwest.com.au

politics2 days ago

Senate NDIS Inquiry Delayed Again as Government Savings Target and Reform Concerns Both Rise

A second postponement of the Senate inquiry into Labor’s NDIS overhaul has put $17 billion in projected savings at risk and left the government short of Senate support.

1 source

Albanese Defends Broken Negative Gearing and CGT Promises as Critics Condemn Limited Scrutiny

The Sydney Morning Herald

politics16 days ago

Albanese Defends Broken Negative Gearing and CGT Promises as Critics Condemn Limited Scrutiny

Prime Minister Anthony Albanese justified overhauling negative gearing and the CGT discount to deliver real change and counter grievance-based politics. The Productivity Commission will examine ways to increase housing supply.

1 source

European Commission to Urge Italy to Strengthen Industrial Strategy and Tax Reform

Euronews

business19 days ago

European Commission to Urge Italy to Strengthen Industrial Strategy and Tax Reform

The European Commission will issue country-specific recommendations on 3 June that call for Italy to adopt a clearer industrial strategy, reduce regional disparities, and shift its tax system away from labor. The draft document seen by Euronews criticizes fragmented incentives an…

1 source

Housing Minister Says Budget Tax Changes Will Have Mild Effect on Prices

Abc

business22 days ago

Housing Minister Says Budget Tax Changes Will Have Mild Effect on Prices

The housing minister stated that Treasury modeling shows the proposed changes to negative gearing and capital gains tax will slow house price growth by about 2 per cent. The minister added that any sharper price decline would not be caused by the tax measures.

1 source

Australia Plans to Scale Back Investor Tax Breaks on Housing

The Guardian

world27 days ago

Australia Plans to Scale Back Investor Tax Breaks on Housing

The Australian government intends to reduce tax concessions for property investors. Officials say the changes address rising rents and treat housing as shelter rather than an investment vehicle. Existing property owners will retain current benefits under the proposed rules.

1 source

Australian Government Changes Housing Tax Rules in Budget

The Sydney Morning Herald

politics29 days ago

Australian Government Changes Housing Tax Rules in Budget

The 2026 federal budget altered capital gains tax rules after earlier pledges against such changes. Polling and focus groups indicate the measures have been received negatively by many young Australians.

1 source

Economists Comment on Australian Budget Tax Proposals

Abc

world29 days ago

Economists Comment on Australian Budget Tax Proposals

Five economists discussed the federal budget and opposition reply released two weeks ago. They welcomed several tax measures while calling for broader reform.

1 source

politics31 days ago

Australian Groups Urge Parliament to Pass Negative Gearing and CGT Changes

Community and housing organizations called on federal parliament to approve Labor's proposed limits on negative gearing and changes to capital gains tax. The measures would restrict new negative gearing to newly built homes and alter CGT calculations.

1 source

Opposition Leader Promises Tax Bracket Indexing, Migration Cuts and End to EV Incentives

theepochtimes.com

politics38 days ago

Opposition Leader Promises Tax Bracket Indexing, Migration Cuts and End to EV Incentives

Angus Taylor delivered his first budget reply speech as Liberal leader. The Coalition pledged to index income tax brackets at a cost of $22.5 billion over four years from 2028-29, reduce overseas migration below 200,000 and tie intake to housing construction. Taylor also announce…

1 source

Australia Changes Capital Gains Tax and Negative Gearing Rules in Federal Budget

smartpropertyinvestment.com.au

politics39 days ago

Australia Changes Capital Gains Tax and Negative Gearing Rules in Federal Budget

The 2026 federal budget alters capital gains tax discounts and ends negative gearing for most new property investors while exempting new builds. Existing investors retain prior tax treatment through grandfathering provisions. The changes aim to reduce tax benefits that have dispr…

1 source

NYC Mayor Mamdani Unveils Revised Budget With Tax on High-Value Non-Resident Second Homes

The Sydney Morning Herald

politics39 days ago

NYC Mayor Mamdani Unveils Revised Budget With Tax on High-Value Non-Resident Second Homes

Brisbane Lord Mayor Adrian Schrinner criticized the federal government's decision to limit negative gearing and the capital gains tax discount, arguing the changes will reduce rental supply and fail to address the housing shortage. He announced council approval of zoning changes…

The Sydney Morning Herald

politics41 days ago

Treasurer Delivers 2026 Federal Budget

The federal budget for 2026 will be handed down tonight by the Treasurer. The government is expected to break several election pledges in the document. A new report shows median rent is unaffordable for households on median incomes in all but 10 Australian electorates.

5 sources

Kenya President Signs Income Tax, SEZ Amendment and Technopolis Bills Into Law

citizen.co.za

world41 days ago

Kenya President Signs Income Tax, SEZ Amendment and Technopolis Bills Into Law

President William Ruto signed three bills into law on May 11, 2026 at State House in Nairobi. The legislation includes the Income Tax Bill, the Special Economic Zones (Amendment) Bill, and the Technopolis Bill. The measures aim to update tax administration, expand economic zones…

1 source

Australia Allocates $105.9 Million for AI Tool to Speed Housing Approvals

Abc

ai42 days ago

Australia Allocates $105.9 Million for AI Tool to Speed Housing Approvals

The federal budget to be released Tuesday evening includes $105.9 million over four years to develop an artificial intelligence tool that will assist with environmental assessments for housing and energy projects. The funding forms part of a broader package to increase housing su…

1 source

Government to Reallocate €470m Across Departments to Cover Education Overspend

bbc.co.uk

business43 days ago

Government to Reallocate €470m Across Departments to Cover Education Overspend

Jack Chambers has written to cabinet colleagues requiring average budget reductions of 0.5 per cent to address a €470 million shortfall in the Department of Education. The levy follows a €250 million overspend by the HSE in the first three months of 2026 and comes as ministers pr…

1 source

Federal Budget Allocates $2 Billion for Local Infrastructure to Support New Housing

Abc

business43 days ago

Federal Budget Allocates $2 Billion for Local Infrastructure to Support New Housing

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…

1 source

Australian Government to Eliminate Howard-Era Private Health Rebate Bonus for Seniors

Substrate placeholder — needs review

politics60 days ago

Australian Government to Eliminate Howard-Era Private Health Rebate Bonus for Seniors

The Australian government plans to reverse a 2004 policy that provided higher private health insurance rebates for people over 65. This change aims to fund additional aged care spending. The decision was announced by Health Minister Mark Butler on Wednesday.

1 source