Politics

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.

Malcolm Turnbull says his criticisms over the far-right direction of the Liberal party have been vindicated, declaring One Nation’s capture of its first lower seat is the ‘chickens coming home to roost.’

Four government aides have resigned as they joined scores of Labour MPs calling for UK Prime Minister Keir Starmer to stand down.

After unsuccessfully campaigning on negative gearing changes while Labor leader, Bill Shorten says he would welcome a policy shift in the Federal Budget.

Parents are hoping the Federal Budget will include more choice, transparency and reform when it comes to child care by providing more subsidy options.