Politics

Aussies will be paying more at the bowser, checkout and building site but the Treasurer is optimistic the Middle East war won’t significantly damage the economy.

The Federal Government will spend $85.2 million fast-tracking migrant tradespeople in hopes it will ease a dire shortage of skilled construction workers.

The worst kept secret in Australian politics is finally out, with the Albanese Government fessing up to a major overhaul of negative gearing and capital gains tax rules for investors.

Jim Chalmers says Australia will avoid a recession but must pursue reform, announcing an expected overhaul of housing taxes and a $250 tax handout for workers.

More than $1 billion of Federal funding earmarked for green hydrogen has been yanked in a major policy U-turn.

Federal Government spending growth will continue vastly outpacing economic activity during an era of weak productivity, sparking fears of even more interest rate rises as cash handouts add to price pressures.

Workers and first homebuyers are among the winners of the Federal Budget while the Government has broken its promise to keep property investor taxes unchanged.

Jim Chalmers says Australia will avoid a recession but must pursue reform, announcing an expected overhaul of housing taxes and a $250 tax handout for workers.

President Donald Trump warned the ceasefire in the Middle East war was on “life support” after rejecting the latest counteroffer from Iran.

The Albanese Government has drawn scorn from political rivals after tabling its response to the Murphy report on gambling reform in the shadow of the budget.

Anthony Albanese and Jim Chalmers have confirmed they are changing tax breaks for property investors in the Budget that will be released later tonight, breaking promises made a year ago to leave them untouched.

The 17-year-old is the first person to be charged with planning a terrorist act in the ACT.

AARON PATRICK: A few hours before the most consequential Budget of his career, the treasurer was exaggerating the government’s fiscal achievements.

Capital gains tax and negative gearing have dominated the pre-Budget headlines, but a new survey released just hours before Treasurer Jim Chalmers stands up in Parliament has revealed what voters really want.

Australian and New Zealand passengers evacuated from the hantavirus-stricken cruise ship have arrived in the Netherlands for quarantine before being repatriated.