Politics

US President Donald Trump says the military has taken control of an Iranian-flagged cargo ship by blowing ‌a hole in its engine room.

Federal Treasurer Jim Chalmers says the Albanese Government will shortly reveal a new approach to a key part of the superannuation system.

Treasurer Jim Chalmers will release his federal budget next month with taxes around housing a key issue.

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.

Business groups and social advocates have put forward vastly different visions of what the Federal Government's next Budget should look like.

One Nation’s primary vote has dropped slightly for the second time in two months, a new poll has found.

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.

New figures reveal the government's ambitious housing plan is already failing, leaving millions wondering if they'll ever own a home.

Global fuel supply uncertainty has intensified after the Strait of Hormuz shut again, with Richard Marles warning tensions could disrupt energy markets.

A French soldier in a United Nations mission in Lebanon has been killed, with the Hezbollah militia likely responsible, French President Emmanuel Macron says.

Iranian authorities have reversed a decision to reopen the Strait of Hormuz and reports say two Indian-flagged ships ‌came under fire in the waterway.

Iran has backflipped on its agreement to reopen the Strait of Hormuz, after the United States imposed a counter-blockade on the major oil route.