Politics

Housing Minister Clare O’Neil has refused to answer why Australians are reporting substantial rent hikes despite Treasury estimating an average increase of $2 per week after Labor announced sweeping changes to the capital gains tax and negative gearing.

Minister grilled on rent hikes sparked by CGT changes

Labor has been grilled on its ambitious Capital Gains Tax reform amid reports landlords are taking a controversial step in response to the changes.

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French President Emmanuel Macron has snubbed Anthony Albanese, leaving Australia off the official G7 invite list ahead of next month’s leaders’ summit in Evian-les-Bains.

Humiliating blow for Albanese as Macron delivers G7 snub

LATIKA M BOURKE: French President Emmanuel Macron has snubbed Anthony Albanese, leaving Australia off the official G7 invite list ahead of next month’s leaders’ summit.

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The share market is expected to remain attractive to young investors despite tax changes.

Why young people will keep investing despite tax changes

Young buyers in Australia say the share market is still where they will put their money, despite incoming changes to the capital gains tax discount.

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President Donald Trump says US warships are ‘loaded to the brim’, ready to attack. (Eric Lee/Pool/FTWP)

‘An hour away’: Inside Trump’s latest attack plan

US President Donald Trump says his war ships are ‘loaded to the brim’ and ready to start attacking Iran again at his command.

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Shadow treasurer Tim Wilson (pictured left with Angus Taylor) is set to announce the Coalition’s plans to solidify small businesses’ rights, including to bid on government contracts, and have a voice on new laws.

Coalition announces bid to strengthen small business rights

Shadow treasurer Tim Wilson is set to announce the Coalition’s plans to solidify small businesses’ rights, including to bid on government contracts, and have input into new laws.

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Anthony Albanese has left the door open to further tweaks to the tax policies central to last week’s Federal Budget, as he and his Treasurer continue to struggle to sell their plan to a sceptical public. 

Delays to tax changes hint at possible budget backflip

Anthony Albanese has left the door open to further tweaks to the tax policies central to last week’s Federal Budget, as he and his Treasurer continue to struggle to sell their plan to a sceptical public. 

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A week after the Budget, Labor is still scrambling to deal with the fallout over broken promises and confusing tax changes.

Labor’s whack-a-mole week of Budget backlash

A week after the Budget, Labor is still scrambling to deal with the fallout over broken promises and confusing tax changes.

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Labor’s plan to replace the 50 per cent capital gains tax discount with a minimum tax on capital gains would discourage risk taking in the tech sector.

Tech bosses warn Labor’s CGT could push start-ups overseas

A tech boss developing Australia’s answer to WhatsApp and Slack is warning start-ups will leave Australia for New Zealand because of Labor’s new minimum 30 per cent capital gains tax. 

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The Hit Network's Christie with Anthony Albanese.

Growing outrage after Albanese makes ‘tone-deaf’ DV comments

Anthony Albanese is facing a pile-on from domestic violence advocates over his remarks about better protecting female victims, including a claim that a Royal Commission would do nothing ‘besides fund lawyers’.

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A Collins-class submarine heading out to sea from Fleet Base West.

Major change as doubts grow over ageing Collins class subs

Defence has dramatically changed course as doubts grow over how long the 30-year-old Collins-class fleet can stay afloat.

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Prime Minister Anthony Albanese has responded to a series of viral, AI-generated memes featuring him. Supplied

‘Flattering’: Albo responds to viral AI memes

The Prime Minister has responded to AI-generated memes mocking him for changes made to the capital gains tax in last week’s budget.

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Prime Minister Anthony Albanese has been smashed with memes made by small business owners across the country, who are slamming changes in the Federal Budget.

‘New partner’: Memes mocking Albo go viral on social media

Prime Minister Anthony Albanese has been smashed with memes made by small business owners across the country, who are slamming changes in the Federal Budget. 

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About 100 million litres of jet fuel will begin arriving in Australia from the beginning of June. (Lukas Coch/AAP PHOTOS)

Australia secures more jet fuel shipments from China

An extra 100,000 litres of jet fuel will come through in three shipments from June, following negotiations with Beijing.

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Donald Trump’s former Veterans Secretary has predicted that the Iranian regime could soon start to splinter because it will run out of money in three weeks time.

Iranian regime could soon splinter as funds deplete

LATIKA M BOURKE: Donald Trump’s former Veterans Secretary has predicted that the Iranian regime could soon start to splinter because it will run out of money in three weeks time.

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