Treasurer Jim Chalmers says any plan to dilute the 50 per cent capital gains tax discount will be about addressing intergenerational unfairness in housing.
A 17-year-long career in politics has sensationally ended in a resignation after a controversial move to make a working agreement between the Greens and the Liberal Party.
The One Nation MP has refused to make a character assessment of Donald Trump after the US leader once again threatened to blow up Iran’s civilian infrastructure.
Three national funding streams will be fast-tracked in a bid to get capital moving faster to Australian businesses and strengthen critical supply chains, as the status of the Strait of Hormuz remains volatile.
War hero Ben Roberts-Smith has made his first public statement since being charged with five counts of alleged war crimes, emphatically denying the allegations against him.
Traders will be hoping US President Donald Trump strikes a permanent deal with Iran to keep the Strait of Hormuz open as the clock ticks on a fragile ceasefire.
Global fuel supply uncertainty has intensified after the Strait of Hormuz shut again, with Richard Marles warning tensions could disrupt energy markets.