The brand touted as being unpopular to Australians, pulls out of its Surfers Paradise project amid questions over obligations being met.
Treasurer defends changes to negative gearing and capital gains tax as the 'right thing to do'.
There are big changes in Treasurer Jim Chalmers' fifth federal budget, and not everyone will be happy. Here's what you need to know.
Australians are leaving the cities for inland areas as growing house prices shift migration patterns, bringing positive and negative flow-on effects.
A push for fewer, more skilled migrants and a more robust migration system has been outlined in the 2026/27 federal budget.
Extra funding for enabling infrastructure in the budget will offset a shortfall in housing supply due to a controversial tax package, the government says.
Two supports for small businesses will be made permanent as part of a $3.5 billion tax relief package outlined in the federal budget.
Australians who earn a wage will get $250 in tax relief as part of Labor's budget, but investors and wealthy families could be left worse off.
Reductions in the capital gains tax concession and a reworking of negative gearing aimed at helping first home buyers.
Australia's bottom line will receive a major improvement, as Labor sets its sights on tackling intergenerational inequity through tax and housing reforms.
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