Capital Gains Tax Reforms Loom in May Budget
Treasurer Jim Chalmers signals potential capital gains tax reforms in the upcoming May budget, aiming to address housing affordability and revenue concerns amid economic pressures.
Category : Treasury
Anna Hughes Requested AOFM Review Amid Staff Disquiet
New documents show Anna Hughes requested a review of the Australian Office of Financial Management amid staff concerns, highlighting internal tensions and governance issues.
Hamilton CCTV Trial Divides Experts on Crime and Privacy
A trial of CCTV cameras in Hamilton has ignited a fierce debate among experts, with some praising its crime-fighting potential and others raising serious privacy concerns.
Chalmers Keeps Budget Plans Secret in Perth Visit
Treasurer Jim Chalmers visited Perth on Tuesday, April 21, 2026, but remained tight-lipped about upcoming Budget details, fueling speculation ahead of the federal announcement.
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Missing Woman Monique Miller Sought in Wollongong
Police are urgently seeking Monique Miller, a 30-year-old woman missing from Young, who may be in the Wollongong area. Authorities express concern for her welfare and provide a detailed description.
Swansea Boat Crash Skipper Avoids Home Detention
A skipper involved in a Swansea boat crash has avoided home detention after a Newcastle court hearing, receiving a suspended sentence instead.
Wollongong Residents Urged to Find Missing Teen Malakye Gray
Wollongong police are appealing for public assistance to locate missing 16-year-old Malakye Gray, last seen in Camden South on April 7, amid concerns for his welfare due to a medical condition.
Chalmers Won't Confirm Fuel Excise Cut Before National Cabinet
Treasurer Jim Chalmers has declined to confirm if the government will cut the fuel excise as national cabinet prepares to address Australia's escalating fuel crisis, focusing on supply and consumer behaviour instead.
Teens Charged Over Violent Cairns Bus Stop Rampage
Two teenagers face multiple charges after an alleged violent rampage at a Cairns bus stop, where four victims were attacked, including a Good Samaritan who suffered head injuries.
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Chalmers Pledges Productivity Boost Under Iran War Pressure
Federal Treasurer Jim Chalmers commits to enhancing Australia's productivity as global tensions from the Iran war intensify economic challenges.
Musician Stabbed at Newcastle Bowling Club, Arrest Made
A 69-year-old musician was stabbed multiple times at Merewether Bowling Club in Newcastle. Police arrested a 53-year-old man after the incident, with the victim hospitalized in serious condition.
Chalmers Uses Crisis as Springboard for Economic Reform
Treasurer Jim Chalmers leverages the current economic turmoil to push for structural reforms, sparking debate among analysts over timing and impact on Australia's future.
Treasurer Flags Budget Savings as Rate Rises Bite
The Treasurer has outlined new budget savings measures to address economic challenges, including rising interest rates and inflation, aiming to stabilise finances.
Chalmers Dismisses Recession Fears After Rate Hike
Treasurer Jim Chalmers has rejected concerns of a recession following the Reserve Bank's interest rate increase, citing strong economic fundamentals despite global risks.
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Geelong Man Jailed for Grooming Teen Boy
Matthew Johansson has been sentenced to prison for grooming and sexually abusing a 15-year-old boy in Geelong, following a court hearing that detailed the disturbing case.
Fourth Teen Charged in Woy Woy Kidnapping Case
A fourth teenager has been charged in connection with an alleged kidnapping in Woy Woy, Central Coast, as police continue their investigation into the incident.
Treasurer Sparks Holy Row Over Church Appointment
Treasurer Tom Koutsantonis has ignited controversy by publicly commenting on the resignation of a Greek Orthodox priest in Adelaide, drawing criticism from the church.
Fuel Retailers Face $100M Fines for Price Gouging, Chalmers Warns
Treasurer Jim Chalmers announces ACCC fines up to $100 million for fuel retailers exploiting Middle East tensions, with monitoring increased amid regional price spikes.
Chalmers Super Crackdown as Silver Tsunami Nears
Treasurer Jim Chalmers unveils new superannuation reforms targeting tax concessions for high-balance accounts to address fiscal pressures from Australia's aging population.
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Review of Tiny Treasury Agency Managing $1 Trillion Government Debt
The Australian Office of Financial Management faces an independent review led by former RBA deputy governor Guy Debelle, following significant staff departures and concerning public service census results.
Chalmers' Budget Buzzword Points to Youth Relief
Treasurer Jim Chalmers introduces a new budget term hinting at measures to ease financial pressures on younger Australians, sparking political debate.
ACT Budget Success Masks Fiscal Fragility
The ACT's mid-year budget review shows a smaller deficit, but deeper analysis reveals a precarious fiscal position with growing debt and service demands.
Chalmers Considers CGT Discount Cuts Before Budget
Treasurer Jim Chalmers is reportedly considering reducing the capital gains tax discount for property investors ahead of May's budget, as the RBA hikes interest rates.
ACT's $632M Budget Turnaround in Mid-Year Review
ACT Treasurer Chris Steel will present a $632 million improvement in the territory's deficit during Thursday's mid-year budget update, with the deficit now projected at $499.1 million for 2025-26.
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Chalmers Denies Spending Fuels Inflation Ahead of RBA Call
Treasurer Jim Chalmers dismisses claims government spending drives inflation as economists predict a 25 basis point rate hike from the Reserve Bank of Australia.
Cairns Dad Jailed for Torres Strait Cocaine Smuggling
A Cairns father has been sentenced to prison after being convicted of moving 110 kilograms of cocaine through the Torres Strait in a major drug trafficking operation.
Public Transport Cash Splash Sparks Budget Concerns
Jessica Page analyses the financial implications of the Treasurer's public transport funding boost, highlighting potential budget strains and economic trade-offs.
WA's $190m unclaimed money pot: How to check
A staggering $190 million in unclaimed money is sitting with the WA Treasury. Thousands could be owed cash from old accounts, bonds, and refunds. Here's how to check the register.
Chalmers reveals smaller $36.8bn deficit in budget update
Treasurer Jim Chalmers will unveil a slightly improved deficit of $36.8bn in the mid-year budget update, crediting savings and spending restraint. Read the full details.
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Treasury audit into $2.3bn unlawful state payments
The Treasury Department will review $2.3 billion in unlawful payments to states for energy rebates. Secretary Jenny Wilkinson denies any code of conduct breaches. Full details from the Senate estimates hearing.
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