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The Latest Breaking News from Nick McKim

'Crossroads moment': Greens at odds over carbon scheme

Polluters will be able to use carbon credits from existing native forests after Labor won support for a new accounting method, creating a rift among the Greens.

AAP · Sep 10

Contentious koala park plan to go ahead as three Greens senators cross the floor

Party backed plan to allow big industry to use a new koala national park in NSW to offset its climate pollution, but three senators dissented

The Guardian - AU · Sep 10

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AAP · Jun 19

FED:Labor faces hard fight to pass watered-down tax changes

Startup founders warn Australia faces an exodus of top talent despite the government winding back divisive changes to tax reforms in the budget.

The Guardian - AU · Jun 4

Husic says Labor pile-on after Aukus criticism ‘not healthy’ – as it happened

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AAP · May 22

Labor warned against rushing through major tax overhaul

The Greens are likely to give their support to changes to negative gearing and the capital gains discount but businesses fear it will drive investors offshore.

AAP · Mar 18

Investor tax-break cuts no 'silver bullet' for housing

Winding back the capital gains tax discount could reduce property prices by about four per cent, compared to what they would be under a no-change scenario.

The Conversation · Mar 17

Capital gains tax discount ‘skewed’ housing towards investors: Senate inquiry

A Senate inquiry has provided Treasurer Jim Chalmers with ammunition for his plan to pare back the capital gains tax discount in the May 12 budget.

AAP · Mar 17

Tax discount 'skewing' property market to investors

A parliamentary report has found significant tax discounts on capital gains have tipped the scales in favour of investors compared to owner-occupiers

AAP · Mar 13

Supercharged inequality: rich investors stifle budget

Almost a quarter of the benefit of the capital gains tax discount goes to just five of Australia's wealthiest electorates, entrenching inequality, critics say.

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