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The Latest Breaking News from Jim Chalmers

Australia is forcing Chinese investors out of rare-earths projects. That creates other risks

It’s been a significant month for Australia’s ambitions to become a critical minerals superpower, while balancing its relationships with China and the United States.

The Conversation

Barr dismisses concerns about bracket creep wiping out public sector wage rise

Bracket creep 'needs to be dealt with' but concerns overblown.

The Canberra Times

A new government tactic to avoid scrutiny just dropped

Some advice for public servants ahead of budget estimates.

The Canberra Times

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As Labor struggles with budget backwash, One Nation surfs a wave

Budget 'losers' can cause a lot of grief.

The Canberra Times

Labor MPs expect eventual concessions for startups after backlash to CGT changes

Several MPs tell Guardian Australia they are keen to see tweaks, and some are engaging directly with treasurer’s office

The Guardian - AU

The controversial budget shift treating startups as 'cash cows', stifling dreams

'Now they've devalued our company, what's the point?'

The Canberra Times

The Coalition has dubbed the trust changes in Labor’s budget a ‘death tax’. Experts say that’s wrong

The opposition has dusted off an infamous scare campaign. So what exactly is changing?

The Guardian - AU

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Grattan on Friday: As Labor struggles with budget backwash, One Nation surfs a wave

One way the Albanese government has recently tapped into social media audiences for its budgets is by inviting “influencers” to Canberra for the event. This broadens the audience and often garners favourable publicity.

The Conversation

'Out of touch': businesses blast ex-PM's budget backing

Labor luminary Paul Keating has been panned as "out of touch" with the modern realities of owning a business after backing controversial tax changes.

AAP

How Labor’s budget hit the brakes on Australia’s housing market

Economists believe home values are set for their first national slump since 2022, though Australia’s persistent housing shortage means any fall would be short term

The Guardian - AU

‘Marginal change’: Keating lashes Coalition, John Howard and startup sector over CGT claims

Former Labor prime minister says the wealthy have been beneficiaries of tax system ‘distortion’ for decades

The Guardian - AU

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Rates revelation: why RBA dissenter voted against hike

The lone Reserve Bank board member who voted against lifting the cash rate in May was less concerned about inflation expectations than the bank's economists.

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AAP

Mixed results from first post-budget auction weekend

The treasurer and prime minister are doing a sales job on government attempts to boost housing supply as property investors chew budget changes to tax breaks.

The Guardian - AU

Afternoon Update: Chalmers blames ‘scare campaign’ for budget backlash; neo-Nazis challenge hate ban; and visually impaired bowlers

The treasurer has conceded Labor has taken a ‘political hit’ after the latest Newspoll found a negative response to last Tuesday’s budget

AAP

Chinese interference claims spark forced miner sell-off

Six companies have been forced to sell their holdings in an Australian rare earths miner which has been the subject of boardroom tussles.

The Conversation

One Nation gains in polls as budget is poorly received in Newspoll

In three credible post-budget polls, One Nation is up one to three points, with their victory at the May 9 Farrer byelection probably also contributing. Labor took a hit in Freshwater and Resolve, but not Newspoll.

The Conversation

Australia has had ‘game-changer’ budgets before. How does Chalmers’ stack up?

Of the many budgets delivered since the Second World War, four stand out as having ushered in or consolidated significant economic reform.

AAP

Labor defends budget tax changes despite critical polls

Labor insists it's taking the right approach to tax reform despite a majority of Australians saying the latest budget will leave them worse off.

AAP

Budget brawl escalates over rival tax cut proposals

The government has conceded its budget is unlikely to win immediate support from voters as Labor and Liberals taking aim at each others' policies.

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