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As largely expected, the 2026 Federal Budget has delivered a twin tax blow to landlords and property investors in a bid to make it easier for Australians to buy their own homes. Get news, reviews and expert insights every Thursday from CarGuide, ACM’s exclusive motoring partner. Your weekday morning newsletter on national affairs, politics and more. Perry Williams writes on business from our Sydney newsroom, specialising in gaming and resources.
The 2026 budget contains taxes on higher education providers and departing Australia, infrastructure cost blowouts, and a crackdown on school disability funding. The government will make changes to its selection process to target more educated, higher-skilled and younger migrants. But his tax hit isn’t backed with big-bang reform to expand the economy.
The review needs to give investors a greater say in how the regime is tied to company profits, Sandon Capital founder Gabriel Radzyminski says. The country’s major developers say the lack of tax relief in the Victorian and West Australian budgets has made federal government measures more pressing. Most investors selling property, shares and other assets will pay more tax once the new model to index the cost base of an asset to inflation is bedded down. The poker machine supplier told investors on Monday that its major shareholder, Novomatic, would acquire the 47.1 per cent of shares it did not already own. Over 5300 people at multi-billion dollar software giant Canva’s global workforce have joined the company’s second-ever “AI Discovery Week”.
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Treasurer Jim Chalmers today confirmed the tax break will be officially enshrined in law and will come into effect in time for the 2027 tax season next year. The Mark Zuckerberg-founded company plans to cut its global workforce by 10 per cent and will cancel around 6000 open positions as Meta offsets its AI spend in a ruthless pursuit of “efficiency”. James Susler, a business owner and contestant on season eight of the reality show, only opened his Chery Melbourne City dealership five days ago. The government is still hanging its hopes on global oil prices declining by mid-way through the year, and stabilisation by the same time in 2027. Stay in the know on news that matters to you with twice weekly newsletters from The Senior. Smart property news for Newcastle
The bank had attempted to sell the investments platform, but could not find a buyer at an acceptable price, instead merging it with its Asgard business. The annual wages and salaries bill for government sector workers are forecast to plateau at about $32.6 billion in 2030. Energy Minister Chris Bowen will drastically scale back subsidies for green hydrogen programs as the government ploughs funds into its petrol and diesel stocks. The minimum tax rate rips a key tool of wealth building used by millions of richer Australians and has a particular sting for so-called bucket companies.
Treasurer Jim Chalmers says the changes will make the system fairer and help young people get into the property market. A strategic review is infuriating some investors. Read everything that’s happened in the news real money payid pokies in australia so far today. The son of the company’s billionaire founder has commissioned valuations that he says show properties owned by the business are worth 40 per cent more. Heavyweight investors including Allan Gray and Spheria Asset Management say they will vote against the proposal from the company’s largest shareholder.
Ainsworth confirms Macquarie review, could take itself private
- Smart property news for Newcastle
- The $59.3 million valuation of the copyright was based on Deloitte estimates, but tax authorities have claimed it should have been closer to just $4 million.
- Now some are shifting focus and teaching people how to feel good.
- See how the government plans to help younger Australians into the housing market, increase taxes on Baby Boomers and rein in NDIS spending.
Changes to negative gearing and tax increases on trusts and capital gains have heralded the end of preferential treatment of asset wealth. Revelations that gambling companies have been spending millions on R&D tax credits have come as a surprise to some senior figures in Labor. Kjerulf Ainsworth, son of poker machine billionaire Len who founded Ainsworth Game Technology, wants a say in the company’s future. The ASX-listed company hasn’t told shareholders.
Meet the accidental hoteliers who are responsible for some of the most beautiful new places to stay on the island of Menorca and the Balearics. Shares in Life360 tumbled after the company revealed a series of technical glitches stopped it from reaching its app download targets in the first quarter. A 10-minute set-up for automated deposits and sustainable spending buffers prevent minor financial lapses from derailing long-term prosperity. It seems the archdiocese is on a selling spree, putting at least its fifth property on the market in the past 12 months. The US president has been weakened by the war with Iran, but China needs a stable global economy so it can keep exporting its goods and boosting growth at home. The Western Australian government is now spending more per head of population than debt-ridden Victoria.
We pay our respects to Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples. Only Tangalooma offers the largest selection of day tours from Brisbane to Moreton Island, making this experience Brisbane’s best day out. If you are searching for the best things to do in Brisbane, Tangalooma’s day trip cruises are jam-packed with activities, tours, beach time, and they also have lunch included. Tangalooma Beach has been awarded the prestigious title of the ‘World’s Best Beach to See Nature’ by Lonely Planet, securing its place among the top 100 beaches globally.
Catch up on the news of the day and unwind with great reading for your evening. Grab a quick bite of today’s latest news from around the region and the nation. Today’s top stories curated by our news team. James Packer’s audacious split of his gaming empire aims to solve two major problems for the listed Crown Resorts entity. Only Tangalooma Island Resort offers you Brisbane’s closest whale watching day cruise, plus the opportunity to enjoy island life for the day, and night if you stay over.
Camilla said she decided to speak up because domestic violence has been a “taboo subject” for so long that most people don’t realise how bad the situation was. Major super funds, banks and financial bodies hope to meet in March to share information about best practice in identifying and preventing financial abuse. Accused of assaulting his wife Stefanie, the businessman – once dubbed Mr Property – has gone into rehab.
The Viva Energy oil refinery in Geelong, Victoria suffered damage in an explosive fire which began about 11pm yesterday, with production output expected to be slashed to “minimum rates” following the blaze. Emergency services were called to Karreman Quarries on West Mount Cotton Road in Sheldon about 2.20pm yesterday following reports a man had been critically injured in a forklift incident. The Forensic Crash Unit is investigating after a Nissan Navara utility hit the child while turning right onto Toohey Street in Caboolture, Moreton Bay, about 6.47pm yesterday. It has been almost a year since Byron, 23, was found at the bottom of a plunge pool while on holiday in Indonesia. Russell Frajman, 65, had been attempting to remove the customer from his pharmacy on Fitzroy Street in St Kilda about 12.47pm yesterday, when he was subjected to a vicious attack. Bishop reportedly tendered her resignation to the university and Albanese government last night seven months before her tenure was due to expire in December.
The unique Christmas or birthday present you’ve been looking for. Switch to cruise mode to enjoy a Brisbane activity like no other – a day trip to Tangalooma! With heaps of tours and activities on offer, Tangalooma is the jewel of Moreton Bay and islands. Protected and treasured, this is nature’s theme park where amazing natural encounters are just part of the everyday experience.
The pokies giant said on Monday it had known about the overseas criminal investigation since 2019, but the board determined it did not need to inform the ASX. Harald Neumann has abruptly pulled his application to be approved in the gambling mecca, with his position now under review by the poker machine manufacturer. A blistering 90-minute interrogation by Las Vegas’ gaming regulator accused the gaming chief executive of being hostile, arrogant and misleading. The Nevada gaming regulator had accused Ainsworth Game Technology’s chief executive of being hostile, arrogant, and misleading.
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