Economic News

Australian shares rebounded sharply on Tuesday after US President Donald Trump announced he had called off threatened military strikes against Iran, sending oil prices lower and triggering a broad relief rally across risk assets. But the optimism was tempered almost immediately by fresh warnings …

Historically, because a netCapital Gainis simply added to a taxpayer's overall assessable income, individuals could strategically time the realization of gains to coincide with periods of low ordinary income. For example, a taxpayer who takes a year off work for maternity leave, a student …

On Tuesday night, all three were touched in the same budget. Family trusts will be brought into closer alignment with the 30 per cent company tax rate from July 2028. Negative gearing concessions have been recalibrated. The capital gains tax discount has been narrowed …

In his budget speech, Treasurer Jim Chalmers connected the defence commitment directly to the broader economic story. Economic security, economic resilience and national security, he argued, are now one and the same. The framing reflects the geopolitical environment in which the budget is being …

Sitting opposite the ABC’s 7.30 host, the treasurer was asked, several different ways, the same question. Had Labor broken its election promise on negative gearing and theCapital Gains Taxdiscount? Each time he answered carefully, talking about coming to a different view, acknowledging political risk, …

The number comes from Treasury modelling released alongside the budget. According to the department’s economists, the changes to negative gearing and theCapital Gains Taxdiscount will slow growth in the median house price by about two per cent over the period the modelling covers. Applied …

A phone call between Australian Prime Minister Anthony Albanese and Chinese Premier Li Qiang on April 7 has produced more than diplomatic reassurance. Against the backdrop of ongoing geopolitical tensions, closed shipping lanes through the Strait of Hormuz, and China's unacknowledged ban on refined …