Why the RBA is predicted to deliver a third straight interest rate hike this week
While interest rate rises can’t affect the surging price of oil caused by Middle East turmoil, they are still the Reserve Bank’s best – and only – tool to fight inflation
Australia news live: housing market slows but rents surge; Penny Wong hails South Korea energy pact
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Australia news live: housing market slows but rents surge; Penny Wong hails South Korea energy pact
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Australia news live: housing market slows but rents surge; Penny Wong hails South Korea energy pact
Follow updates
Australia news live: housing market slows but rents surge; Penny Wong hails South Korea energy pact
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Australia news live: housing market slows but rents surge; Penny Wong hails South Korea energy pact
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Tax breaks for investors are likely to be scaled back in Albanese’s May budget. But will it make housing cheaper?
By Patrick Commins Economics editor
The top 10% of Australia’s earners get 90% of the benefit of the CGT, while young Australians are struggling to get into the housing market
https://www.theguardian.com/australia-news/2026/may/01/labor-budget-housing-crisis-capital-gains-tax-negative-gearing
#Australianbudget2026 #AnthonyAlbanese #Laborparty #Australianews #Australianpolitics #Tax #Australianeconomy #Business #Housing #PatrickComminsEconomicseditor
Tax breaks for investors are likely to be scaled back in Albanese’s May budget. But will it make housing cheaper?
The top 10% of Australia’s earners get 90% of the benefit of the CGT, while young Australians are struggling to get into the housing market
Australia news live: housing market slows but rents surge; Penny Wong hails South Korea energy pact
Follow updates
Australia news live: housing market slows but rents surge; Penny Wong hails South Korea energy pact
Follow updates
Australia news live: housing market slows but rents surge; Penny Wong hails South Korea energy pact
Follow updates
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