The Latest Breaking News from Labor

Tax, migration and NDIS in coalition's economic sights

Opposition Leader Angus Taylor has unveiled a raft of economic policies aimed at winning back voter support and countering the rise of One Nation.

AAP · May 13

Has Labor’s tax reform killed ‘rent-vesting’ for young Australians seeking a foothold in the housing market?

Changes to capital gains tax and negative gearing will make the strategy of renting in a preferred area while buying a cheaper property elsewhere less attractive, experts say

The Guardian - AU · May 13

New revelations show WA is putting Australia’s climate targets at risk. Will Anthony Albanese do anything about it?

Premier Roger Cook has the prime minister’s implicit support but he’s making it harder for federal Labor to meet its much-vaunted climate targets

The Guardian - AU · May 13

Politics with Michelle Grattan: Tim Wilson on the budget’s hidden hits on young Australians

The federal government’s fifth budget contains major, controversial changes to the tax arrangements for housing. The government has argued that the changes will ensure young people will have better access to the housing market.

The Conversation · May 13

A Zara dress, the Jim Reaper and a communist state: how Australia’s media interpreted the budget

The Murdoch papers sharpened their sickles and hammered Jim Chalmers’ budget for ‘the most radical redistribution of wealth since the Whitlam era’

The Guardian - AU · May 13

A real ‘intergenerational equity’ budget would address our unceasing environmental decline

Last night, Labor unveiled a budget designed to tackle intergenerational equity in Australia through bold tax reform. It comes at a time where politics is consumed with the international shocks created by US President Donald Trump, whether through chaotic tariff announcements or the US-Israel war with Iran.

The Conversation · May 13

Coalition vows to repeal Labor’s ‘toxic’ negative gearing and capital gains tax budget changes

Opposition leader Angus Taylor and shadow treasurer Tim Wilson say future Coalition government would reinstate generous rules for property investors

The Guardian - AU · May 13

Targets and tests firm up for migrants under budget

A push for fewer, more skilled migrants and a more robust migration system has been outlined in the 2026/27 federal budget.

AAP · May 12

Budget spending stokes fears of further rate rise pain

An extra $114 billion in federal government spending will be directed off-budget as the treasurer claims a "historically responsible" fiscal update.

AAP · May 12

The complete 2026 Australian budget: choose the news coverage that matters to you

Select the federal budget topics you’re interested in to get the news tailored for you

The Guardian - AU · May 12