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UWA researchers have helped to unearth more about how ancient continents formed on Earth 3.5 billion years ago. Ben Harvey’s tongue-in-cheek assessment of Rita Saffioti’s third big spending budget covers the key highlights from hospitals to housing, including resorting to Lego. Disgraced WA author Craig Silvey published novels that included scenes of a teenager being sexually assaulted by her father, and an underage boy trying to arouse elderly men before he was arrested. Australia’s peak business lobby says the Federal Budget was a ‘missed opportunity’ to reform Australia’s economic settings to ‘shake off economic decline’. Outback Wrangler Matt Wright has walked from prison after serving five months behind bars for attempting to pervert the course of justice. The Australian Defence Force said the 50-year-old veteran of the Afghanistan war died after his parachute became entangled with another parachute.
Labor’s ‘ambitious’ plan for tax reset
The treasurer is relying on taking from investment owners to help first home buyers. Changes to negative gearing and tax increases on trusts and capital gains have heralded the end of preferential treatment of asset wealth. Access and manage your vacant residential land tax information.
- Pay land tax and vacant residential land tax by instalments.
- A top WA university is among institutions and bodies expressing dismay at funding cuts to Australia’s research and development sector ahead of Tuesday’s Federal Budget.
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- The annual wages and salaries bill for government sector workers are forecast to plateau at about $32.6 billion in 2030.
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The US president has been weakened by the war with Iran, but China needs a stable global economy so it can keep exporting its goods and boosting growth at home. Queensland’s only pumped hydro project under construction is delayed, adding further pressure to the state government’s energy plans. Almost three years later, the government has finally responded. Our three tax cuts, instant deduction and the new offset are the equivalent of up to $54 aussie payid casinos back in the average earner’s pocket each week.
Why your ‘premium’ office building may be an underperformer
Energy Minister Chris Bowen will drastically scale back subsidies for green hydrogen programs as the government ploughs funds into its petrol and diesel stocks. The minimum tax rate rips a key tool of wealth building used by millions of richer Australians and has a particular sting for so-called bucket companies. But his tax hit isn’t backed with big-bang reform to expand the economy.
There was a time — in the days when the internet was still a force for fun — when Chuck Norris jokes roamed our screens. Flying high on another resounding election result, Pauline Hanson is putting the pieces in place to kick Labor out in two years’ time. Reported proposals to lift capital gains tax on share market investments could ultimately cost younger investors more than older investors, according to economists. What this Budget actually amounts to is nothing much other than the official documentation of the most egregious election broken promise we have seen in quite some time. Jim Chalmers says Australia will avoid a recession but must pursue reform, announcing an expected overhaul of housing taxes and a $250 tax handout for workers.
Aussies who earn wages will get up to $2800 back at tax time while people whose incomes come from investment properties or trusts will have to pay more. Owing more money today means that the federal government will have less flexibility to deal with whatever is coming our way next. The treasurer’s fifth budget confirms intentions to put higher taxes on wealth but without reducing income taxes, cutting spending or boosting productivity. Most investors selling property, shares and other assets will pay more tax once the new model to index the cost base of an asset to inflation is bedded down. The 2026 budget contains taxes on higher education providers and departing Australia, infrastructure cost blowouts, and a crackdown on school disability funding.
Sign up to get the latest on your favourite topics from the ABC We acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we live, learn, and work. When Trump last visited China in 2017, artificial intelligence was not yet the centre of global power.
Every argument being made now and in the next few weeks could have been made before the last election – and carried. The Dutch trading giant’s local offshoot grew profits by 50 per cent in 2025 as high volatility across financial markets offered ample trading opportunities. DGR Global shareholders hit the jackpot when a Chinese suitor bought SolGold, but will they ever see the money?
A humble home in Nollamara appears to have increased in value at more than twice the pace of the rest of boom-time Perth, with value tripling in a four-an-a-half year span. With its timeless blend of modern chic and Victorian-era charm, this refreshed abode is a pristine gem ready for you to make your own. Older small business operators hoping to make voluntary concessional contributions to superannuation have been told to make sure they satisfy employment rules before sending any money to their fund.
Four government aides have resigned as they joined scores of Labour MPs calling for UK Prime Minister Keir Starmer to stand down after local election results. The city’s red-hot housing market could be heading for a sharp reality check as economists warn Australia is on the brink of its biggest property correction in 40 years. Mums across Kalgoorlie-Boulder began their Mother’s Day with purpose by running alongside family and friends to support breast and ovarian cancer research. Perth’s health, beauty and creative communities came together at the Youth Lab and Pancare charity dinner to raise money for pancreatic cancer research and patient care.
Rescuers are desperately searching for a swimmer who has been missing at Trigg Beach for more than an hour. A young father was allegedly high on nitrous oxide when he ploughed his car into a tree, killing his two young daughters and seriously injuring their mother, a Perth court has heard. Confused about the tax changes revealed in Tuesday night’s Federal Budget? Gifts of $2 or more to the social work of The Salvation Army in Australia are tax deductible.Details and ABNs We are committed to the safety and wellbeing of people of all ages, particularly children.
Walyalup (Fremantle) coach Justin Longmuir says he’s conducting his own search to find the mystery Wharfie Time operator as he praised it for helping the Dockers get over the line against Hawthorn. It provides researchers with some explanation as to why breast cancer can return many years after successful treatment. Issy McNab was only seven when she started getting bullied on the school bus. A top WA university is among institutions and bodies expressing dismay at funding cuts to Australia’s research and development sector ahead of Tuesday’s Federal Budget. Curtin University was transformed into a glowing wildlife wonderland over the weekend as thousands of visitors descended on campus for the immersive Creatures on Campus experience.
As many as 600 workers have sold their ChatGPT developer shares, highlighting the huge payouts the AI boom is bringing to a select few. The US president accused Tehran of reneging on a promise to drop its nuclear ambitions as part of a deal to end the war, which threatens his meeting with Xi Jinping. France’s consumer body is warning that the platforms are selling unsafe items including overheating hairdryers and exploding batteries.
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