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Treasurer Jim Chalmers.

Chalmers urged to go bold after three-year battle for superannuation tax hikes

Jim Chalmers will get his superannuation tax changes through parliament with support from the Greens. The minor party wants him to go further in the May budget.

  • Shane Wright

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Baby Boomers walk off into the sunset - with a third of all Australian wealth.

Baby Boomers now worth $6 trillion after ninefold increase in wealth this century

Boomers have become the nation’s richest generation thanks to property, shares and the tax system, squeezing out every other generation.

  • Shane Wright
A billboard ad being run by the National Automotive Leasing and Salary Packaging Association (NALSPA) as it urges the Albanese government against removing or scaling back its electric vehicle tax discount. 

‘Labor can’t have it both ways’: How the EV industry will fight any plan to wind back tax breaks

The tax breaks are helping Australia hit its climate goals and can save motorists thousands a year. But they are costing the government billions more than forecast.

  • Elias Visontay
The coming federal budget will not expand funding for wind and solar farms.

Red light for new green investment slows race to renewable target

Despite warnings that Australia will not hit its renewable energy target, the May federal budget will have no new cash for wind and solar farms.

  • Mike Foley
Treasurer Jim Chalmers and Climate Change and Energy Minister Chris Bowen with the prime minister.

EV tax break in firing line as Labor eyes savings from budget

The cost to the budget of a tax break for the purchase of EVs has blown out by billions due to high demand – mostly from high-income earners.

  • Shane Wright and Paul Sakkal
Prime Minister Anthony Albanese is demanding his ministers cut deeper than previous years.

‘No nice-to-haves’: Albanese demands ministers find billions in savings for May budget

Prime Minister Anthony Albanese says his ministers must find savings for a May budget that insiders say will be pitched as a belt-tightening exercise.

  • Paul Sakkal
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General Chalmers gathers the troops for a new tax war

Vested interests on both sides are lining up to lob accusations at each other with all the subtlety and nuance of a UFC cage fight.

  • Shane Wright
Former RBA governor Bernie Fraser says a cartel that includes politicians and existing home owners don’t want to see prices fall.

Tax change would help first timers get a home: Treasury

Former Reserve Bank governor Bernie Fraser also told the inquiry a cartel “including politicians” was opposed to anything that would cut house prices.

  • Shane Wright
Animation of a high-speed train on Australia’s East Coast.

High-speed rail link touted as $250 billion boost to nation’s economy

The federal government has cleared the way for detailed planning work to start on a high-speed train line between Sydney and Newcastle.

  • Matt O'Sullivan and Shane Wright
Labor Party doyen says the tax system actively hurts young people.

A ‘terrible’ system for young people: Tax reform architect pleads for real reform

Bill Kelty was instrumental to the tax reforms of the 1980s and 1990s. He says old people like himself don’t need more out of the tax system.

  • Shane Wright