Nick McKim
Labor gives another sign it will change capital gains discount
Two government senators endorsed a Senate committee’s finding that the tax concessions skewed the housing market towards investors rather than young people.
- James Massola
Latest
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
The tax deduction that will cost Australia $250bn over the next decade (and it’s not negative gearing)
The government is mulling a change to the capital gains tax concession. New analysis shows that without change, it will cost the budget $250 billion.
- Shane Wright
- Exclusive
- Productivity summit
Chalmers hits back at critics talking down economic talkfest before it has even begun
Critics are circling the government’s economic roundtable, but Jim Chalmers says good ideas are already surfacing, with more to come.
- Shane Wright and Paul Sakkal
- Exclusive
- Political leadership
‘Part-time parliament’ sitting for fewest days in 20 years
Analysis of parliamentary sitting calendars from 2004 to the draft 2025 calendar reveals MPs in the lower house will spend 40 days passing laws.
- Olivia Ireland and Paul Sakkal
- Updated
- Supermarkets
‘Price down’ supermarket specials pushed up inflation: PM
The ACCC is suing the supermarket giants, alleging their “Prices Dropped” and “Down Down” discounts weren’t really what they seemed.
- Jessica Yun, Millie Muroi and Shane Wright
- Opinion
- Executive pay
Woolworths boss pays the price for its sagging reputation
Canberra has played a game of one-upmanship on supermarket bashing over the past six months and may make the Guinness World Records for the use of the term price gouging.
- Elizabeth Knight
Supermarket inquiry lays out plan for pricing crackdown
The Senate inquiry into supermarket prices has released its final report and 14 recommendations including powers to break up big supermarkets and a strengthened food and grocery code of conduct.
- Jessica Yun
- Exclusive
- Immigration
Hope for families facing deportation for having disabled children
Australia’s mechanism to deport migrant families with disabled children requiring costly care will be reviewed in return for the Greens’ support for Labor’s Pacific visa lottery.
- Angus Thompson
‘Stop selling our resources on the cheap’: Crossbenchers urge Labor to go harder on fossil fuel tax
The Albanese government is poised to hike taxes on gas projects, which reaped record earnings of more than $90 billion last year.
- Mike Foley and Nick Toscano