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UNCOVERED: Jim chalmers | History Defined

Corporate regulators told not to hinder nation's growth

Corporate regulators ASIC and APRA have been directed to prioritise economic growth and productivity, in new guidance provided by Treasurer Jim Chalmers.

AAP

Shock APS job-cut figure aired in federal budget watchdog report

The govt would need to find billions of dollars worth of APS savings.

The Canberra Times

Tax push renders budget surplus forecasts 'unrealistic'

Treasury's assumption the federal budget will return to surplus within a decade is at risk because of likely tax cuts, an independent agency warns.

AAP

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Albanese to compare pivotal moment in AI to renewable energy transition as he outlines approach

Labor sources say the PM will discuss safety concerns in speech this week but will not provide an update on copyright reforms to protect artists

The Guardian - AU

Mulling AI investment, Anthropic lobbied Australia on copyright law

Anthropic's chief executive Dario Amodei has lobbied Australian officials for "copyright reform" as the artificial intelligence giant seeks to make a major investment in the country, official briefing notes released Monday show. According to briefing notes released under freedom of information law, Amodei had requested the meeting to discuss barriers…

The Economic Times

Was Treasury's rent modelling wrong? New data suggests a major miscalculation

Labor has wanted to make these changes to tax policy for a decade.

The Canberra Times

Economy caught between an oil shock and an AI boom

The AI boom will offset the negative effects of the Middle East war, but if the bubble pops Australia's economy could be exposed to a correction, a report says.

AAP

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'Attack on farmers': questions over mass land sale

A peak farmers group and political parties at multiple levels have slammed a federal government green light for the sale of farmland for timber production.

AAP

Longest stretch of weak growth since 1990s forecast

Rarely has Australia's near-term economic outlook appeared so gloomy, says Deloitte Access Economics.

AAP

Two EY employees charged with accessing bank details of Australian PM Albanese: ‘Incredibly concerning’

Two men, aged 21 and 25, charged with unauthorised access to restricted data

The Independent UK

Fuel pinch arrives sooner for some as discount halved

Motorists feeling the cost crunch are encouraged to fill up tanks before the fuel excise discount is halved, with one cohort likely to feel its impact first.

AAP

‘Enforcement mode’: Australia must take fight to tech giants to make social media ban stick, experts warn

Doubled penalties will have little effect if platforms not held to account for the content they carry, observers say

The Guardian - AU

Pledge to fix 'widow's tax' on investment properties

Concerns about how a tax hike on investments will impact couples in the event of death and divorce will be addressed, Labor says.

AAP

Treasurer responds after budget attack by ex-RBA head

Former Reserve Bank governor Phillip Lowe has described Labor's latest federal budget as a "redistribution agenda".

AAP

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The Guardian - AU

Labor’s tax deal with the Greens will close a superannuation ‘loophole’. What is changing and who is affected?

Self-managed super funds will be barred from borrowing to invest in residential property, in a move welcomed by some economists

The Conversation

Yes, the tax debate has been unedifying at times. But it shows reform working as it should in a democracy

Safe passage through parliament was secured this week for tax reforms proposed in the Albanese government’s 2026 budget. Despite much debate over the reforms’ pros and cons, and negotiations within parliament, this is a demonstration of Australia’s democratic system working as it was designed to do.

The Guardian - AU

Angus Taylor won’t say if he supports multiculturalism as Chalmers says he’s trying to ‘out-One Nation One Nation’

Treasurer says Coalition playing ‘footsie with the monoculture language’ after Liberal leader sidesteps questions at press conference

AAP

Fuel costs to creep up as states back excise return

Drivers will pay 16 cents a litre more for petrol and diesel from July as battles over taxes on fuel open up on multiple fronts.

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The Guardian - AU

The winter break is coming, but before then Labor wants deals with the Greens on tax and the Coalition on the NDIS

One Nation pressure and poor performance in the polls mean Anthony Albanese is searching for a win – and may be willing to bargain for it

AAP

More fuel relief for motorists with halfway measure

Motorists will receive an extended discount on fuel but the savings will be lower as the government weighs budget costs against higher bowser prices.

AAP

One Nation lauds fundraiser as stoking tax 'backflip'

The right-wing party says its rise in the polls was a factor in the government's decision to pare back contentious tax changes.

The Canberra Times

Arrogant policy overreach backfired. Now political enemies have a weapon

Labor misjudged the electorate, suffered a severe political blow.

The Guardian - AU

Afternoon Update: CGT exemptions for small business; ebike thefts soar; and Australia’s top university named

PM’s announcement on capital gains tax exemptions follows weeks of criticism from industry groups

The Guardian - AU

Albanese announces ‘generous’ capital gains tax exemptions for small businesses after budget backlash

Startups and testamentary trusts to receive carve outs after criticism of Labor’s CGT changes

The Canberra Times

PM caves to pressure on controversial tax changes. Here's what it will mean for you

The federal government is changing course.

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