As the government and opposition go head-to-head on tax policy, the treasurer concedes his budget is unlikely to win any immediate extra support from voters.
Angus Taylor has defended a Coalition plan to restrict welfare access for non-citizens, saying permanent residents who choose not to become Australian citizens will face a ‘price’ under the proposed changes.
Labor has claimed victory in a crucial state by-election, despite the party suffering a significant swing and only a few hundred votes separating two candidates.
A prime minister who refuses to apologise for breaking an election promise, an opposition leader who is now singing from the One Nation play book - and an empowered Pauline Hanson. Let the games begin.
Oil prices jumped, stocks tumbled, and bond yields spiked as markets contended with persistent supply disruptions in the Middle East and the absence of meaningful breakthroughs at the summit in Beijing.
The Albanese government’s overhaul of investor taxation is expected to slow housing prices, but experts are split on whether it will do what Labor wants.
PAUL MURRAY: If the Farrer by-election last weekend proved anything it is that the old Labor-Liberal domination of Australian politics is all but gone.
THE NEW YORK TIMES: Donald Trump departed Beijing on Friday, touting trade deals to sell American-made airplanes, farm goods and other products, the signature outcome of his two-day summit with Xi Jinping.
The Opposition Leader dodged questions about whether the threat from One Nation is driving his hardline migration policy, as coalition strategists closely study the factors behind Farrer by-election loss.
As the Government is accused of class warfare, the Opposition intends to turn tax increases on landlords, the middle class and trust into a major political fight.