BudgetPremiumBusiness: Chalmers’ Budget a ‘missed opportunity’ for reform

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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. But his tax hit isn’t backed with big-bang reform to expand the economy.

BudgetPremiumBusiness: Chalmers’ Budget a ‘missed opportunity’ for reform

Walyalup (Fremantle) coach Justin Longmuir says he’s conducting his own search to find the mystery Wharfie Time operator as he praised it for helping the Dockers get over the line against Hawthorn. It provides researchers with some explanation as to why breast cancer can return many years after successful treatment. Issy McNab was only seven when she started getting bullied on the school bus. A top WA university is among institutions and bodies expressing dismay at funding cuts to Australia’s research and development sector ahead of Tuesday’s Federal Budget. Curtin University was transformed into a glowing wildlife wonderland over the weekend as thousands of visitors descended on campus for the immersive Creatures on Campus experience.

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City and bush receive $6.4m in community grants program

It was all sunshine as Australian Fashion Week formally kicked off on Monday with a reception hosted by Jodie Haydon at Kirribilli House. South of the border, this luxury jungle property thrums with mysterious spirits – and we’re not talking about the 3500-bottle tequila collection. Now some are shifting focus and teaching people how to feel good.

Stagflation risks leave Australian market trailing global peers

Every argument being made now and in the next few weeks could have been made before the last election – and carried. The Dutch trading giant’s local offshoot grew profits by 50 per cent in 2025 as high volatility across financial markets offered ample trading opportunities. DGR Global shareholders hit the jackpot when a Chinese suitor bought SolGold, but will they ever see the money?

Rescuers are desperately searching for a swimmer who has been missing at Trigg Beach for more than an hour. A young father was allegedly high on nitrous oxide when he ploughed his car into a tree, killing his two young daughters and seriously injuring their mother, a Perth court has heard. Confused about the tax changes revealed in Tuesday night’s Federal Budget? Gifts of $2 or more to the social work of The Salvation Army in Australia are tax deductible.Details and ABNs We are committed to the safety and wellbeing of people of all ages, particularly children.

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The Yindjibarndi people have been awarded the largest-ever payout for economic and spiritual loss after more than a decade of Fortescue mining iron ore on native title land in the Pilbara. Workers and first homebuyers are among the winners of the Federal Budget while the Government has broken its promise to keep property investor taxes unchanged. Markets run on information, but in the age of artificial intelligence, fake news and social media, investors must always question it or risk catastrophic results. Brisbane City Council has abandoned plans to rein in short-stay rentals saying more red tape on property owners is not warranted. The annual wages and salaries bill for government sector workers are forecast to plateau at about $32.6 billion in 2030. A government with a massive parliamentary majority, an opposition in disarray and no election imminent.

So when you get it right, it makes the pay-off so much sweeter. But a new survey released just hours before Treasurer Jim Chalmers stands up in Parliament has revealed what voters really want. Capital gains tax and negative gearing have dominated the pre-Budget headlines. The driver of an electric scooter has opened fire with a pistol near a drug hotspot in the French city of Nice, killing two people and injuring several more. Led by two internationally award-winning filmmakers, a new dedicated environmental film festival is set to debut in Margaret River next year. Investors are largely being kept in the dark about the financial impact of climate threats and little is being done to shield companies from looming risks.

There was a time — in the days when the internet was still a force for fun — when Chuck Norris jokes roamed our screens. Flying high on another resounding election result, Pauline Hanson is putting the pieces in place to kick Labor out in two years’ time. Reported proposals to lift capital gains tax on share market investments could ultimately cost younger investors more than older investors, according to economists. What this Budget actually amounts to is nothing much other than the official documentation of the most egregious election broken promise we have seen in quite some time. Jim Chalmers says Australia will avoid a recession but must pursue reform, announcing an expected overhaul of housing taxes and a $250 tax handout for workers.

• We’re also committed to partnering with industry to support business and keep communities safe.
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• Emerging Waalitj Marawar (West Coast) forward Malakai Champion has paid tribute to celebrated teammate Jamie Cripps who has avoided a serious knee injury.

We value and include people of all cultures, languages, abilities, sexual orientations, gender identities, gender expressions and intersex status. The Salvation Army Australia acknowledges the Traditional Owners of the land on which we meet and work and pay our respect to Elders past, present and future. “When I was at my most desperate, the Salvos gave me hope and allowed me to think I’m still important.” — 60-year-old woman from Victoria “The Salvos have made a tremendous difference in my life — the food assistance I received as well as the emotional support has lifted my spirits. “The Salvos made me feel a sense of community and support.

The S&P 500 has added a staggering 16.6 per cent since hitting a wartime low in late March, while the local bourse continues a long slump. Major investors are increasingly worried about the hype around artificial intelligence stocks driving US markets to repeated records as war boosts inflation. 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. Business groups say Treasurer Jim Chalmers’ fifth budget was a missed opportunity to reform and shake off economic decline. The government will make changes to its selection process to target more educated, higher-skilled and younger migrants.

A discussion around emissions is heating up across the State this month, with several local government’s weighing in on how best to manage WA’s greenhouse contributions. A $23 million project is under way, aiming to strengthen Jurien Bay’s drinking water supply, which is set to deliver an additional 100 million litres each year Now into his seventh season as coach, it has taken some time for Justin Longmuir’s team to be considered premiership-ready, but the time has finally arrived, writes Paul Hasleby. The middle child has survived hand-me-downs, shared bedrooms, forgotten milestones and a lifetime of being told to stop making a fuss. Waalitj Marawar (West Coast) say Harry Edwards’ long-term health is their top priority as he enters a career-defining recovery from a third head knock this season. Emerging Waalitj Marawar (West Coast) forward Malakai Champion has paid tribute to celebrated teammate Jamie Cripps who has avoided a serious knee injury.

Aussies who earn wages will get up to $2800 back at tax time while people whose incomes come from investment properties or trusts will have to pay more. Owing more money today means that the federal government will have less flexibility to deal with whatever is coming our way next. The treasurer’s fifth budget confirms intentions to put higher taxes on wealth but without reducing income taxes, cutting spending or boosting productivity. 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 2026 budget contains taxes on higher education providers and departing Australia, infrastructure cost blowouts, and a crackdown on school disability funding.