More than half of the benefit of the CGT concession went to the top 1% of income earners, the most recent data shows

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This year’s federal bu

None of the budget measures will change the outcome for most would-be home buyers in the short term, but Jim Chalmers’ reforms go well beyond one electoral cycle

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

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On

Funds flow to charities and other organisations, with Executive Council of Australian Jewry getting $124m for extra security

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Buried in the Australian budget papers are a multitude of decisions that don’t make the headlines. Here are a few of this year’s

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Treasurer Jim Chalmers has handed down what he calls the most important budget in decades. As Donald Trump’s war on Iran continues to cause chaos around the world, and support for One Nation surges in Australia, the treasurer insists this is a budget t

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• Chalmers goes for broke in federal budget facing twin threats of housing pain and Iran war disaster

• Budget 2026 winner and losers

• What the budget means for your generation

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The treasurer, Jim Chalmers, delivers the 2026 federal budget in the House of Representatives. He says this is the most 'important and ambitious budget in decades'. 'Important, because the world is throwing a lot of challenges at us … and a

Labor has announced funding for Australian Submarine Agency will jump to $512m in next financial year amid concerns the sovereign submarine fleet may never arrive

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Jim Chalmers has sold the budget as a historic shift in favour of intergenerational fairness. Four Guardian Australia staff members assess what it means for their age group

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With some long-awaited sanity on housing and taxes, including CGT and negative gearing changes, it’s one of the most important for good – but will still leave some out in the cold

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Worst-case scenario modelling by Treasury shows oil prices as high as $200 a barrel in September quarter and inflation at 7.25% due to Iran war

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Negative gearing, capital gains tax and family trusts are all facing a big shake-up in the name of intergenerational fairness. How will it all work?

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NDIS changes foreshadowed by health minister Mark Butler will drastically reduce access to the scheme, with nearly 700 staff positions to go at NDIA

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Labor’s ambitious and politically risky tax reform aims to help first home buyers and foster intergenerational fairness

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Jim Chalmers, determined not to miss his reform moment more than four years into government, has backed the largest change to Australia’s sclerotic tax system since the Howard era

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The government’s response to the Murphy report is hardly dynamite. Harm advocates, gambling operators and advertisers are all waiting to see whether Labor’s rhetoric will be matched by action

The Labor government decided to release its co

Labor introduced condolence motions in parliament on Tuesday to honour the five-year-old who was allegedly murdered in Alice Springs last month

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Coalition senator Jacinta Nampijinpa Price delivers a tearful speech during a condolence motion for five-year-old Warlpiri girl Kumanjayi Little Baby, whose body was found in Alice Springs on 30 April after a frantic five-day search. Speaking in the fe

It was a mistake to preference One Nation in Farrer. It’s time to return to our values and help solve the problems Australians face every day

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Farrer byelection win casts shadow over 2026 federal budget as government signals it’s alive to populist rightwing threat

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Health minister Mark Butler says six people from MC Hondius plus flight crew from charter plane to be isolated for weeks

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With baby boomers outnumbered on the electoral roll, Labor are finally emerging from their shell to address intergenerational unfairness

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One Nation supporters are not unique or special. And there are plenty of ways to express anger at a failing political system without scapegoating particular communities

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Labor’s anticipated reforms are not a panacea but they could nudge Australia toward a more equitable trajectory

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Anthony Albanese says ‘very wide-ranging budget’ will have a focus on housing, productivity and fuel security

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‘We’re not a party of government … yet,’ says Joyce

Barnaby Joyce is doing something of a victory

What if One Nation formed a conservative coalition … with the Coalition?!

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Liberal frontbencher says he has ‘no interest’ in forming a coalition with Pauline Hanson’s party – a day after suggesting he might be open to it

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The long sell for Labor’s budget package means we know a lot about what to expect on Tuesday night

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The son of Mohammad Bagher Ghalibaf – who is leading Iran’s peace negotiations with US – lived and worked in Melbourne, raising questions about national security and sanctions

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On Saturday, the rightwing party won a lower-house seat for the first time as voters registered their fury in the Farrer byelection.

And while newly elected MP, David Farley, may have been on the ticket, many are saying this is very much Pauline

The swing played out throughout the electorate – even in places like Albury – although the gains were largest in rural areas

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Expectations w

Before independents reshaped urban politics, country electorates in the state had long elected outsiders and defectors

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Wilson promises Coalition will be ‘very clear’ on migration

Wilson is asked about comments made by the opposition l

Historic Farrer byelection win ignites internal rumblings about Coalition leadership

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A triumphant Pauline Hanson has declared One Nation is “here for the long ha

Exclusive: Queensland MP says ‘I think everybody should be thinking about their political future’ after devastating result for Coalition

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National

A disaffected constituency that delivered a historic victory to the minor party also dashed ambitions of independent Michelle Milthorpe

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The politics of anxiety and grievance harnessed by One Nation are a formidable force. Angus Taylor needs to, in his own words, ‘change or die’

• Pauline Hanson jubilant as One Nation wins Farrer byelection

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David Farley secures One Nation’s first lower house win after Coalition vote collapses and Angus Taylor says Liberals will take ‘hard lessons’ from result

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Analysis commissioned by independent senator found national science agency’s funding is at its lowest since 1978

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The Albanese government will boost funding to CSI

Moderate Liberals fear Abbott would continually distract from Taylor’s leadership given the former PM’s profile and hardline immigration opinions

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Angus Taylor has

Barrie Cassidy and Tony Barry dive into new Redbridge polling about what is fuelling the surge in support for One Nation. They also discuss the upcoming federal budget, the returning IS-linked families and listener fee

The criticisms of Tuesday’s federal budget have already started.

Labor is facing allegations of broken promises over changes to negative gearing and the capital gains tax discount. And there is frustration in the electorate about the government’s

Saturday’s byelection in the country NSW seat and Tuesday’s budget look set to shift the political landscape and could test Labor’s supremacy in the parliament

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Ab

The gentle French garment is now as cursed as the infamous megacorp, which has accumulated $80m in government contracts in Australia alone

It’s taken me years to find a chore coat with a cut that flatters my big tits but, now that I finally own

Pauline Hanson’s party tipped to win byelection triggered by resignation of Sussan Ley but Nationals expected to also lose votes to an independent

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The cheers and

Islamic State committed extraordinary brutality. But how Australia treats the children returning from Syria is a test of our humanity

The return of Australian women and children from Syrian detention camps this week has reignited a familiar publ

As the fallout from the US-Israel war on Iran threatens to overshadow Labor’s agenda, the treasurer says this budget will be his most ambitious but also most difficult

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David Attenborough at 100: ‘I had thought I would celebrate quietly’

In a dose of good news, Sir David Atte