Capital gains tax and negative gearing benefit the 1% and this chart shows it
More than half of the benefit of the CGT concession went to the top 1% of income earners, the most recent data shows Want to get more charts in your…
Coalition vows to repeal Labor’s ‘toxic’ negative gearing and capital gains tax budget changes
Opposition leader Angus Taylor and shadow treasurer Tim Wilson say future Coalition government would reinstate generous rules for property investors Follow our Australia news live blog for latest updates Explore…
Budget 2026 live updates: Treasurer defends budget reforms to ‘broken status quo’; wage growth falls behind inflation
Anthony Albanese defends changes to negative gearing and capital gains tax, which Bill Shorten says will give young people a ‘fighting chance’. Follow today’s news live See all our Australia…
He hunted for his daughter’s killer for 40 years. Then he got a phone call
Tim Miller’s teen daughter disappeared in 1984, tied to a series of deaths in the Texas ‘killing fields’. After decades, he received a tip that unlocked everything Tim Miller is…
‘Holiday dressing in black’: why Australian gothic is back in fashion
Corsetry, frills and floor-length gowns are firm favourites for a new wave of female designers showing at Australian fashion week In the eyes of emerging female designers, the future looks…
This bold budget has grasped the nettle of tax and housing – but it may not be enough to move the needle for younger Australians | Tom McIlroy
Jim Chalmers, determined not to miss his reform moment more than four years into government, has backed the largest change to Australia’s sclerotic tax system since the Howard era Federal…
Budget 2026: Labor’s ambitious and politically risky changes, explained by Matilda Boseley – video
Abolishing negative gearing for new investors, overhauling the capital gains tax discount and major cuts to the NDIS were were all expected in Tuesday night’s budget. But what else was…
The 100 best novels of all time
A countdown of the greatest literature published in English, as voted for by authors, critics and academics worldwide. How many have you read? Continue reading…
What the budget means for your generation – gen Z, millennial, gen X or boomer
Jim Chalmers has sold the budget as a historic shift in favour of intergenerational fairness. Four Guardian Australia staff members assess what it means for their age group Federal budget…
Commonwealth Bank’s quarterly profit dips to $2.7b
Commonwealth Bank turned a $2.7 billion cash profit in the March quarter, up four per cent from a year ago but down one per cent from its first-half quarterly average.…