Category : Federal Government


Chalmers Saves $638 Billion Without Tax Hikes

Treasurer Jim Chalmers delivers a budget saving $638 billion over four years through spending cuts, avoiding tax increases. The savings come from reprioritising projects and reducing waste.

Labor Scraps Negative Gearing and CGT Discount in Budget

The federal government has confirmed it will wind back negative gearing and capital gains tax concessions from 2027-28, breaking an election promise to boost housing supply and level the playing field for first home buyers.

Budget to Target Negative Gearing and Capital Gains Tax

The federal government is set to overhaul negative gearing and capital gains tax concessions in tonight's budget, breaking a key election promise. The changes aim to address housing affordability and intergenerational inequality.

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