Huge cuts to national disability insurance scheme aim to save more than $36bn in budget’s largest single measure pred 10 urami in 6 minutami NDIS changes foreshadowed by health minister Mark Butler will drastically reduce access to the scheme, with nearly 700 staff positions to go at NDIAFederal budget 2026 LIVE updates: Australia government budget announcement and speech – latest newsExplore all of our 2026 Australia federal budget coverageGet our breaking news email, free app or daily news podcastThe government expects to recoup $36.2bn by curbing the national disability insurance scheme’s growth over the next four years as it looks to return to the NDIS’s “original purpose” of supporting people with “significant and permanent disability”.The treasurer, Jim Chalmers, said the budget’s savings package amounted to genuine economic reform, beyond the “usual nips and tucks”. Continue reading...(The Guardian)
Budget 2026 Australia: Jim Chalmers announces capital gains tax and negative gearing reform for housing pred 10 urami in 11 minutami Labor’s ambitious and politically risky tax reform aims to help first home buyers and foster intergenerational fairnessFederal budget 2026 LIVE updates: Australia government budget announcement and speech – latest newsExplore all of our 2026 Australia federal budget coverageGet our breaking news email, free app or daily news podcastJim Chalmers has announced the most ambitious and politically risky tax changes since the Howard era as part of a federal budget that defies the looming economic threat of the Iran war to push Australia along the “hard road to reform”.Arguing that the Australian public is ready for difficult choices aimed at reviving intergenerational fairness and the collapsing dream of home ownership, the government will scale back tax breaks for landlords by abolishing negative gearing for new investors and replacing the 50% capital gains tax discount with the inflation-linked approach that existed before 1999. Continue reading...(The Guardian)
Three-day ceasefire ends with fresh wave of Russian attacks on Ukraine – Europe live pred 10 urami in 20 minutami At least one person killed as Moscow launches drone strikes on energy facilities and apartments Over in Hungary, we are expecting the Magyar government to be fully confirmed in place later today (for now, it’s just the prime minister).But we are already getting first signals as to how the new administration will be different from the one led by Viktor Orbán over the last 16 years. Continue reading...(The Guardian)