Labor will unveil net savings for the second consecutive budget as it faces claims it is planning a "tax assault on family" through investment changes.
Tens of thousands of new homes are expected to be built in one state under a $2 billion government investment that promises to give young buyers a leg up.
The upcoming federal budget is widely tipped to pare back incentives for property investors as the prime minister promises to tackle intergenerational inequity.
Traders and economists expect the central bank to raise interest rates for a third straight meeting, but high uncertainty could result in another split decision.
Health, defence and welfare commitments are among fiscal pressures weighing on the federal budget as Treasurer Jim Chalmers vows to put a lid on spending.
A premier has warned breathless developers to keep their heads out of the clouds as one of Australia's biggest cities marches relentlessly into the bush.
Sydney's home price premium over Brisbane and Perth continues to narrow as values retreat in Australia's two largest cities.
One of the nation's big four banks has lifted its interim earnings while warning that the impact on customers from the Middle East conflict is still to be felt.
The federal treasurer is being urged not to grandfather tax breaks for asset-holders in the budget as the economic impact of the Iran war worsens.
Jim Chalmers is talking down the amount of extra revenue that changes to negative gearing, and the capital gains tax discount will add to the budget.
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