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Labor’s Budget measures yet to get the Green light

The future of the government’s signature policies in the Federal Budget remain unclear, with no guarantee of support through the parliament. Treasurer Jim Chalmers’ fifth budget included plans to limit negative gearing to new builds, as well as an overhaul of the 50 per cent discount on capital gains tax, which will instead be linked to the rate of inflation. In order for the Budget measures to become reality, Labor will need to look to the coalition or the Greens for support. Opposition leader Angus Taylor said the coalition would scrap the tax changes should it form gov

Tax relief for workers and pain for investors in budget

What is negative gearing? Tax changes in the budget

Budget misses the opportunity to address housing issues

Contentious but right: Chalmers braces for budget fight

Controversial Trump Tower on Gold Coast falls over

Property industry warns ‘jury is still out’ over Budget

Infrastructure spending nice but more needed

More will need to be done on infrastructure funding if housing supply is to be increased, according to Urban Taskforce Australia. The Federal Budget represents long needed support for ho

Warning interest rates may still rise again

The Federal Budget won’t dissuade Australia’s central bank from raising interest rates again, given the outlook for higher inflation. At the same time, the treasurer’s

Small businesses win as popular supports locked

MILLIONS of businesses feeling the economic pain of the Middle East crisis will get some of their tax back along with extra money to buy equipment to help them weather the storm. The two

‘Need to do more’: Labor housing reform pledge

THE prime minister has made his strongest case yet for a major tax overhaul expected in the federal budget. As Treasurer Jim Chalmers prepares to hand down his fifth budget on Tuesday, t