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UNBELIEVABLE: Tim wilson | History Defined

Federal debt ticks over $1 trillion for the first time

Despite the Commonwealth debt hitting a record high, the treasurer says coalition "hyperventilating" ignores the fact it would have been higher under them.

AAP

Resolve poll suggests more voters support Labor’s federal budget changes than oppose them

The three new federal polls have the total vote for One Nation and the Coalition at 46% in YouGov (down one), 48% in Morgan (up 0.5) and 49% in Resolve (steady). The Resolve poll gives Labor encouragement by suggesting their May budget changes are becoming more popular.

The Conversation

Afternoon Update: how police mistook sex doll for a body; Bondi hero has assault charges dropped; and dust removal

Experts say police did not fully unzip the bag to avoid destroying evidence

The Guardian - AU

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Labor referred to corruption body over gambling donors

Independent MPs have called out the federal government for taking donations from gambling companies as negotiations continue on betting ad reforms.

AAP

Dan Andrews statue a 'public urinal' risk, Liberal says

A statue of former Victorian premier Daniel Andrews would be at risk of being desecrated, a federal MP warns, as pressure builds to scrap the planned monument.

AAP

Rival plan to close Labor's 'widow tax' loophole sooner

Australians who inherit an investment property from their partner won't lose their access to negative gearing, draft laws revealed by the treasurer confirm.

AAP

Former premiers could face long-awaited CFMEU probe

Victoria's opposition is calling for past premiers to face a construction industry corruption probe as the state's current leader pledges to appear if needed.

AAP

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Struggling Liberals seek reboot in winter of discontent

Down in the polls, Liberal leader Angus Taylor will look to reconnect with voters through a blitz of marginal seats as parliament rises for its winter break.

AAP

A 'new coke' moment: why rebranding would destroy the Liberal party

Any 'rebrand' would be a Liberal surrender.

The Canberra Times

View from The Hill: Even when they’re doing quite well, Liberals find a way to put their foot in it

The Liberals, it seems, can’t resist returning to damaging infighting even in the one part of the country where things have been going quite encouragingly for them.

The Conversation

Coalition blames tax reform for social cohesion decline

Measures to scrap negative gearing and pare back capital gains discounts have passed parliament despite strong resistance.

AAP

'Missed opportunity': tax findings land as talks go on

Labor, the coalition and Greens predictably differed on their assessment of the government's contentious tax changes in a lightning-speed parliamentary inquiry.

AAP

Tim Wilson’s book advocates a far more radical overhaul of our tax system than Labor’s budget

Shadow treasurer Tim Wilson has thrown himself into fighting the reduction of the capital gains tax discount in Labor’s budget, as well as the abolition of negative gearing on existing properties. But as treasurer Jim Chalmers recently pointed out in parliament, quoting from Wilson’s 2020 book The New Social Contract,…

The Conversation

Tony Abbott vows to not be silent in Liberal rebuild

Tony Abbott has spoken out against other conservative parties, but his vocal nature could cause trouble for Opposition Leader Angus Taylor.

AAP

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AAP

'Likely he's lying': treasurer points finger at rival

Future generations will be left with a "multibillion-dollar debt bomb" if the coalition repeals proposed tax changes, the treasurer warns.

The Guardian - AU

High stakes: who’s leading the fight against Labor’s CGT reform – and what’s in it for them?

Tax critics turn to AI memes and airport billboards in addition to traditional lobbying tactics. Here’s what you need to know about them

AAP

Treasury chief defends Labor's beleaguered budget

Controversial budget changes would have cut the lifetime tax benefits for the top one per cent of earners by $400,000 if implemented in 2000, Treasury says.

The Guardian - AU

Afternoon Update: Guzman y Gomez quits US; Victorian man dies on Inca Trail; and Studio Ghibli-esque home torn down

GyG offered bigger burritos in the US than it does in Australia in an attempt to woo American customers

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The Guardian - AU

‘Marginal change’: Keating lashes Coalition, John Howard and startup sector over CGT claims

Former Labor prime minister says the wealthy have been beneficiaries of tax system ‘distortion’ for decades

The Guardian - AU

Afternoon Update: Tim Wilson calls budget an ‘earthquake’; NRL star’s shock MND diagnosis; and a whale’s 15,000km odyssey

The shadow treasurer claims Labor’s federal budget will require a ‘substantial clean-up job’

AAP

Treasurer blames 'misinformation' for war on tax change

Critics of the government's capital gains tax changes are being accused by the treasurer of overstating how much extra tax small businesses will have to pay.

AAP

'Paddock of despair': MP blasts One Nation defectors

Two former Liberals have jumped ship to Pauline Hanson's One Nation as the right-wing party cannibalises the coalition's vote.

AAP

Australian economy expected to add thousands more jobs

The Australian Bureau of Statistics is forecast to post a positive gain in jobs when it publishes new data, as economists mull over sweeping tax changes.

AAP

Fuel excise extension weighed as states look to supply

The prime minister has left the door open to more tax relief at the bowser as state governments attempt to shore up their own fuel supplies.

The Guardian - AU

Has Labor’s tax reform killed ‘rent-vesting’ for young Australians seeking a foothold in the housing market?

Changes to capital gains tax and negative gearing will make the strategy of renting in a preferred area while buying a cheaper property elsewhere less attractive, experts say

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