Four charts show Labor's budget is not just about the generation gap, but the wealth gap too
Just like it did in 2019, Labor is making an argument about wealth in Australia when it proposes negative gearing and capital gains tax changes.
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Budget 2026 live: PM defends tax overhaul as Coalition accuses him of 'lying'
The Coalition accuses the prime minister of "lying" about changes to tax settings as Anthony Albanese defends the overhaul as necessary for younger Australians. Follow live.
Budget 2026 live: PM defends tax overhaul as Coalition accuses him of 'lying'
The Coalition accuses the prime minister of "lying" about changes to tax settings as Anthony Albanese defends the overhaul as necessary for younger Australians. Follow live.
Budget 2026 live: PM defends tax overhaul as Coalition accuses him of 'lying'
The Coalition accuses the prime minister of "lying" about changes to tax settings as Anthony Albanese defends the overhaul as necessary for younger Australians. Follow live.
Budget 2026 live: Government will not look to index income tax, Chalmers says
In an address to the National Press Club, Treasurer Jim Chalmers says the economic conditions impacting the federal budget changed "quite late in the piece". Follow live.
Budget 2026 live: Government will not look to index income tax, Chalmers says
In an address to the National Press Club, Treasurer Jim Chalmers says the economic conditions impacting the federal budget changed "quite late in the piece". Follow live.
Budget 2026 live: Government will not look to index income tax, Chalmers says
In an address to the National Press Club, Treasurer Jim Chalmers says the economic conditions impacting the federal budget changed "quite late in the piece". Follow live.
Budget 2026 live: Government will not look to index income tax, Chalmers says
In an address to the National Press Club, Treasurer Jim Chalmers says the economic conditions impacting the federal budget changed "quite late in the piece". Follow live.
Budget 2026 live: Albanese expects 'blowback' from budget as opposition says tax offset is a 'great con'
Anthony Albanese says he expects "blowback" from some of the decisions made in last night's budget, but they're "the right thing to do". Follow live.
Budget 2026 live: Albanese expects 'blowback' from budget as opposition says young people 'kneecapped on mu...
Anthony Albanese says he expects some "blowback" from some of the decisions made in last night's budget but that it's "the right thing to do". Follow live.
Budget 2026 live: Albanese expects 'blowback' from budget as opposition says young people 'kneecapped on mu...
Anthony Albanese says he expects some "blowback" from some of the decisions made in last night's budget but that it's "the right thing to do". Follow live.
Budget 2026 live: Albanese expects 'blowback' from budget as opposition says young people 'kneecapped on mu...
Anthony Albanese says he expects some "blowback" from some of the decisions made in last night's budget but that it's "the right thing to do". Follow live.
Budget 2026 live: Albanese expects 'blowback' from budget as opposition says young people 'kneecapped on mu...
Anthony Albanese says he expects some "blowback" from some of the decisions made in last night's budget but that it's "the right thing to do". Follow live.
Budget 2026 live: Labor flags more tax relief for workers in future budgets, building on $250 offset
Treasurer Jim Chalmers says the offset will allow future governments to return bracket creep to working Australians in the form of an offset. Follow live.
Budget 2026 live: Labor flags more tax relief for workers in future budgets, building on $250 offset
Treasurer Jim Chalmers says the offset will allow future governments to return bracket creep to working Australians in the form of an offset. Follow live.
Budget 2026 live: Labor flags more tax relief for workers in future budgets, building on $250 offset
Treasurer Jim Chalmers says the offset will allow future governments to return bracket creep to working Australians in the form of an offset. Follow live.
Budget 2026 live: Labor flags more tax relief for workers in future budgets, building on $250 offset
Treasurer Jim Chalmers says the offset will allow future governments to return bracket creep to working Australians in the form of an offset. Follow live.
Federal budget 2026: Winners and losers
In the first full budget since Labor's landslide election victory last year, the government is putting some money back in workers' pockets and increasing taxes on investors. So who wins and who misses out?
Will CGT and negative gearing budget changes make housing cheaper for first home buyers?
There's no doubt that taking away negative gearing on existing properties will reduce the amount many investors can afford to pay, evening up the playing field for owner-occupiers. But these tax changes by t...
Why Chalmers reined in the property tax lurks in federal budget 2026
One of the more striking elements from the now well-entrenched program of pre-budget leaks is the lack of outrage from the population or even the opposition.
A five-minute guide to what's in the federal budget to help with cost of living
Fresh tax cuts, an instant $1,000 tax reduction and cheaper medicines: here's what the federal government's latest budget means for Australians.
Government breaks promise with restrictions to negative gearing and capital gains tax discount in federal b...
Tax perks that property investors have used for decades to maximise profits and offset their losses will be restricted from tonight, in one of the most significant changes to the tax system in years.
$250 tax break for millions of workers in federal budget 2026
Labor will raise taxes on investment properties and some trust funds, giving the revenue back to workers with a new $250 tax break unveiled in the federal budget.
Budget 2026 live: Chalmers unveils a 'reforming' federal budget in major overhaul of tax system
The treasurer unveils a "reforming" federal budget with sweeping changes, including a tax cut for workers. Follow live.