2026-09-06 · World news | The Guardian
🔮 Albanese says the budget made no changes for people who already negatively gear property, and that investors are “borrowing to build more new homes than ever before”, citing a Herald Sun report and ABS data:
Going forward, negative gearing and the 50% capital gains tax can still be used for investment properties, but only on new builds, so when people choose to invest in housing, they’re not investing in their future wealth and assets, they’re investing in the future wealth and assets of the nation.
Enforcement and compliance focus in tobacco war, Chalmers says
Nationals MP Llew O’Brien is demanding a yes/no answer on whether the government will rule out any reduction in the tobacco excise. assertive