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Boost Juice Founder Warns Labor Budget Could Discourage Start-Ups
Prime Minister Anthony Albanese says his latest budget will boost innovation, but Australian businesspeople warn it could discourage investment.
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Prime Minister Sidesteps Question About Future Taxes on Family Home
Angus Taylor asked Anthony Albanese whether he would rule out changing his mind about taxing the family home, without receiving a direct answer.
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Coles Misled Shoppers With ‘Down Down’ Discounts, Federal Court Finds
The judgment examined 14 promotions and found most were misleading, with the court suggesting alternative pricing methods may have avoided confusion.
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Tax on Leaving Australia to Rise to $80
A family of four will pay $320 in departure taxes under the changes.
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Taylor Vows to Block Labor’s Negative Gearing and CGT Changes
We’re going to fight, even if it gets through the parliament. We’re going to make life hell for this government,' said Angus Taylor.
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Key Things to Know About Labor’s Overhaul to Negative Gearing, CGT
The treasurer says the overhaul is aimed at providing future tax relief for workers earning a salary compared to investors.
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Australian Opposition Proposes Restricting Welfare Access for Non-Citizens
Australia’s welfare bill is forecast to reach nearly $309 billion in 2026-27, accounting for 37.1 percent of the budget.
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Treasury Predicts Labor’s Tax Overhaul to Raise Rents by Less Than $2 a Week
Treasury says Labor’s policies will create more housing supply that will put downward pressure on rent.
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Australia Forecast to Add Over 1 Million Migrants by 2028
Federal Treasury estimates 305,000 migrants entered the country in the last financial year 2024-25.
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Labor Increases Funding for Public Broadcasters ABC and SBS
The federal budget also reveals tax breaks for commercial television and radio outlets.
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Labor to Tax Family Trusts in Overhaul of Wealth Creation Channels for Australians
The government says the new rates will make for a ‘level playing field’ between wage and salary earners and those who derive their income in other ways.
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Labor Flags ‘Changing Australia’s Tax System’ Ahead of Budget
Labor is expected to cut the capital gains tax discount and limit negative gearing of investment properties.
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80-Year Old Brisbane Butchery Shuts as Prawn Giant Axes 200 Jobs
Australia has grappled with ongoing high insolvency rates since the pandemic.
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Victoria’s Debt Set to Hit $165 Billion This Year—Here’s What the Budget Reveals
The budget also includes record health spending and cost of living measures.
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Australia Lifts Interest Rate to 4.35 Percent in 3rd Consecutive Increase
The RBA flagged the Middle East conflict as a key contributor to inflationary pressures, with higher fuel costs already flowing through the economy.
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Labor Announces $72.5 Million Boost to Fast-Track NSW Housing Reforms
The announcement comes as new data shows housing is becoming less affordable across NSW, including in regional areas.
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The Hidden Fuel Crisis Hitting Australia’s Farms—and Grocery Bills
Australians could be in for a hidden inflation shock even as standard unleaded petrol prices normalise.
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Qantas and Jetstar Extend Domestic Flight Cuts Until End of September
‘The Qantas group continues to take action to mitigate the impact of the conflict in the Middle East, including sustained high fuel costs,’ the company said.
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New South Wales to Open Gas Exploration Areas for First Time in a Decade After Supply Warning
Resources Minister Courtney Houssos said current global events make this work more important than ever.
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Victorian Liberals Propose $600,000 Cap on Public Sector Pay
The Victorian government has rejected the proposal, arguing public sector pay should be set independently.
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