Australiafederal-budget

The Australian government has secured the passage of its first tranche of budget tax reform legislation after reaching an agreement with the Australian Greens on June 23.

The Greens demand a ban on SMSF residential property borrowing in exchange for a crucial federal budget vote in the Senate.

Treasurer Jim Chalmers is poised to imminently unveil a targeted capital gains tax workaround for the startup sector.

Australian religious leaders warn the Albanese government that proposed budget tax changes could slash $3 billion from charitable donations.

Aussie tech sector warns of a major brain drain and capital flight to New Zealand as the Albanese government pushes ahead with a controversial CGT overhaul.

Federal Treasury has confirmed the Albanese government's landmark tax overhaul will not boost economic growth or productivity.

Treasurer Jim Chalmers has called on the Fair Work Commission to deliver a "sustainable real wage increase" for millions of workers.

The federal government has dismissed warnings that its contentious property tax overhaul will crash the housing market.

Prime Minister Anthony Albanese has dismissed business expectations for significant capital gains tax carve-outs.

Australia’s tech sector and leading economists have unified in a major pushback against the Albanese government’s proposed capital gains tax overhaul.