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The Latest Breaking News from Jim Chalmers

Two EY employees charged with accessing bank details of Australian PM Albanese: ‘Incredibly concerning’

Two men, aged 21 and 25, charged with unauthorised access to restricted data

The Independent UK

Fuel pinch arrives sooner for some as discount halved

Motorists feeling the cost crunch are encouraged to fill up tanks before the fuel excise discount is halved, with one cohort likely to feel its impact first.

AAP

‘Enforcement mode’: Australia must take fight to tech giants to make social media ban stick, experts warn

Doubled penalties will have little effect if platforms not held to account for the content they carry, observers say

The Guardian - AU

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Pledge to fix 'widow's tax' on investment properties

Concerns about how a tax hike on investments will impact couples in the event of death and divorce will be addressed, Labor says.

AAP

Treasurer responds after budget attack by ex-RBA head

Former Reserve Bank governor Phillip Lowe has described Labor's latest federal budget as a "redistribution agenda".

AAP

Labor’s tax deal with the Greens will close a superannuation ‘loophole’. What is changing and who is affected?

Self-managed super funds will be barred from borrowing to invest in residential property, in a move welcomed by some economists

The Guardian - AU

Yes, the tax debate has been unedifying at times. But it shows reform working as it should in a democracy

Safe passage through parliament was secured this week for tax reforms proposed in the Albanese government’s 2026 budget. Despite much debate over the reforms’ pros and cons, and negotiations within parliament, this is a demonstration of Australia’s democratic system working as it was designed to do.

The Conversation

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Angus Taylor won’t say if he supports multiculturalism as Chalmers says he’s trying to ‘out-One Nation One Nation’

Treasurer says Coalition playing ‘footsie with the monoculture language’ after Liberal leader sidesteps questions at press conference

The Guardian - AU

Fuel costs to creep up as states back excise return

Drivers will pay 16 cents a litre more for petrol and diesel from July as battles over taxes on fuel open up on multiple fronts.

AAP

The winter break is coming, but before then Labor wants deals with the Greens on tax and the Coalition on the NDIS

One Nation pressure and poor performance in the polls mean Anthony Albanese is searching for a win – and may be willing to bargain for it

The Guardian - AU

More fuel relief for motorists with halfway measure

Motorists will receive an extended discount on fuel but the savings will be lower as the government weighs budget costs against higher bowser prices.

AAP

One Nation lauds fundraiser as stoking tax 'backflip'

The right-wing party says its rise in the polls was a factor in the government's decision to pare back contentious tax changes.

AAP

Arrogant policy overreach backfired. Now political enemies have a weapon

Labor misjudged the electorate, suffered a severe political blow.

The Canberra Times

Afternoon Update: CGT exemptions for small business; ebike thefts soar; and Australia’s top university named

PM’s announcement on capital gains tax exemptions follows weeks of criticism from industry groups

The Guardian - AU

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The Guardian - AU

Albanese announces ‘generous’ capital gains tax exemptions for small businesses after budget backlash

Startups and testamentary trusts to receive carve outs after criticism of Labor’s CGT changes

The Canberra Times

PM caves to pressure on controversial tax changes. Here's what it will mean for you

The federal government is changing course.

The Guardian - AU

Pauline Hanson says Australia ‘must be monocultural’ in National Press Club speech

One Nation leader denounces high immigration levels, Islam, transgender rights, the ABC and the Guardian in inflammatory address

AAP

Slowing economy could shut the door on more rate hikes

Stagnant productivity means households face higher inflation and lower living standards but the treasurer hopes cheaper housing will ward off voter discontent.

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The Guardian - AU

RBA interest rates: Reserve Bank holds official cash rate at 4.35%

Reserve Bank of Australia decision on Tuesday comes after three consecutive cash rate hikes this year

AAP

VIC:'Bad to worse': productivity sinks to post-pandemic low

Poor productivity is bedevilling the Australian economy, with levels heading in the wrong direction for Treasurer Jim Chalmers.

AAP

'Bad to worse': productivity sinks to post-pandemic low

Poor productivity is bedevilling the Australian economy, with levels heading in the wrong direction for Treasurer Jim Chalmers.

AAP

AAP Rolling News Bulletin June 12, 0330

AAP Rolling News Bulletin for June 12 at 0330

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AAP Rolling News Bulletin June 12, 0300

AAP Rolling News Bulletin for June 12 at 0300

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AAP Rolling News Bulletin June 12, 0230

AAP Rolling News Bulletin for June 12 at 0230

AAP

AAP Rolling News Bulletin June 12, 0200

AAP Rolling News Bulletin for June 12 at 0200

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