Australia News

Major changes to wealth creation channels, high government spending, and net debt nearing $1 trillion.

While the figure is significantly higher than the estimates for 2025–26 and 2024–25, it is lower than the Mid-Year Economic and Fiscal Outlook (MYEFO) forecast.

The government says the new rates will make for a ‘level playing field’ between wage and salary earners and those who derive their income in other ways.

Labor is expected to cut the capital gains tax discount and limit negative gearing of investment properties.

Health Minister Butler said Australia is taking the strongest approach of any of the 23 countries repatriating passengers.

‘The seven individuals and four entities sanctioned today include senior officials and entities involved in these horrific acts,’ said Minister Penny Wong.

Two soldiers collided mid-air during descent, killing one and leaving the other with minor injuries on May 11. The ADF has suspended all parachuting operations.

U.S. officials confirmed one asymptomatic positive case among repatriated U.S. passengers.

Health Minister Mark Butler said the group would be subject to quarantine at the Bullsbrook Centre for National Resilience, north-east of Perth.

A pair of ISIS-linked women charged with slavery offences will remain behind bars after postponing their bail applications on May 11.

Analysts warn Labor Party voters are just as likely to switch to One Nation.

“It’s not just because you jump that we catch you,” One Nation MP Barnaby Joyce said following the party’s victory in the Farrer by-election.

Prime Minister Anthony Albanese also blamed the Coalition for legitimising the conservative-leaning party.

Australia has grappled with ongoing high insolvency rates since the pandemic.

Former Australian Prime Minister Tony Abbott has questioned the cultural approach surrounding the death of Kumanjayi Little Baby in Alice Springs.

‘Western Sydney here we come,’ said One Nation MP Barnaby Joyce.

After St Kilda played their first AFL game in Darwin, their coach Ross Lyon wants every team to visit the Top End each season.

Former Essendon spearhead Jake Stringer has kicked three goals as the Giants pulled off a thrilling comeback to defeat the Bombers in western Sydney.

AFL ladder leaders Sydney have held off North Melbourne in an entertaining contest under the Marvel Stadium roof, with a Swans trio kicking three goals.

Major changes to wealth creation channels, high government spending, and net debt nearing $1 trillion.

While the figure is significantly higher than the estimates for 2025–26 and 2024–25, it is lower than the Mid-Year Economic and Fiscal Outlook (MYEFO) forecast.

The government says the new rates will make for a ‘level playing field’ between wage and salary earners and those who derive their income in other ways.

Labor is expected to cut the capital gains tax discount and limit negative gearing of investment properties.

Health Minister Butler said Australia is taking the strongest approach of any of the 23 countries repatriating passengers.

‘The seven individuals and four entities sanctioned today include senior officials and entities involved in these horrific acts,’ said Minister Penny Wong.

Two soldiers collided mid-air during descent, killing one and leaving the other with minor injuries on May 11. The ADF has suspended all parachuting operations.

U.S. officials confirmed one asymptomatic positive case among repatriated U.S. passengers.

Health Minister Mark Butler said the group would be subject to quarantine at the Bullsbrook Centre for National Resilience, north-east of Perth.

A pair of ISIS-linked women charged with slavery offences will remain behind bars after postponing their bail applications on May 11.

Analysts warn Labor Party voters are just as likely to switch to One Nation.

“It’s not just because you jump that we catch you,” One Nation MP Barnaby Joyce said following the party’s victory in the Farrer by-election.

Prime Minister Anthony Albanese also blamed the Coalition for legitimising the conservative-leaning party.

Australia has grappled with ongoing high insolvency rates since the pandemic.

Former Australian Prime Minister Tony Abbott has questioned the cultural approach surrounding the death of Kumanjayi Little Baby in Alice Springs.

‘Western Sydney here we come,’ said One Nation MP Barnaby Joyce.

After St Kilda played their first AFL game in Darwin, their coach Ross Lyon wants every team to visit the Top End each season.

Former Essendon spearhead Jake Stringer has kicked three goals as the Giants pulled off a thrilling comeback to defeat the Bombers in western Sydney.

AFL ladder leaders Sydney have held off North Melbourne in an entertaining contest under the Marvel Stadium roof, with a Swans trio kicking three goals.