Primary producers have been exempted from the federal government’s new discretionary trust tax reforms, after farm groups warned family farm succession could be put at risk.
National News
Posted inNational News
Tax relief for workers and pain for investors in budget
Australians who earn a wage will get $250 in tax relief as part of Labor’s budget, but investors and wealthy families could be left worse off.
Posted inHousing, Money, National News
‘Need to do more’: PM flags housing changes in budget
The upcoming federal budget will be one of reform, the prime minister has insisted, despite accusations of broken election promises.
Posted inLegal, National News
Media mogul due to face court on assault charges
Australian Community Media co-owner Antony Catalano is accused of assaulting his wife during a late-night incident.
Posted inNational News
One Nation projected toward historic win in by-election
Hoots and cheers are ringing out at a One Nation by-election event as the party looks set to win its first lower house seat at a by-election.
Posted inAgriculture, Money, National News
Family trusts in Treasurer’s sights as farmers warn of regional fallout
Proposed changes to how family trusts are taxed are shaping as a key battleground in next week’s federal budget, with a 30% tax to be proposed despite failing many times before.
Posted inMoney, National News
RBA lifts cash rate to 4.35% as oil shock fuels inflation pressure
The Reserve Bank of Australia has lifted the official cash rate to 4.35 per cent, delivering a third consecutive interest rate hike
Posted inCrime, National News
Police response probed in Bondi terror attack report
Tighter security at Jewish festivals and national gun law reform are among the recommendations from a high-level probe following the Bondi terror attack.
Posted inIndigenous, National News
Outback search for missing girl ends in tragedy
Police have found the body of a five-year-old girl after a massive outback search, confirming fears the suspected abduction ended in tragedy.
Posted inDisability, Money, National News
Disability cuts on table as treasurer eyes cost spiral
State officials will be briefed on the federal government’s plans to overhaul spending on the NDIS, expected to be announced within days.