English – The Conversation | Politics with Michelle Grattan: former minister Ed Husic on why Labor must ‘stare down’ gas companies over tax by Michelle Grattan, Professorial Fellow, University of Canberra

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In the lead‑up to next month’s federal budget, Treasurer Jim Chalmers must juggle global uncertainty, a fuel crisis and cost‑of‑living relief while weighing reforms to negative gearing, capital‑gains tax, a gas export tax and the NDIS. Former industry minister Ed Husic argues that Australia is “selling the country short” by earning almost nothing from about $170 billion of LNG exports over four years and insists Labor should “stare down” gas‑company pressure and pursue a fairer royalty or Petroleum Resource Rent Tax. He welcomes the Senate inquiry into gas taxation and warns the Albanese government not to be intimidated by multinational threats to relocate investment. On artificial intelligence, Husic calls for a comprehensive national AI Act and a dedicated regulator to set guardrails now rather than adopt a lax, reactive approach. He also urges stronger action against Islamophobia and antisemitism, recommending the Bondi royal commission broaden its remit and the government implement anti‑vilification laws and respond to the Human Rights Commission’s anti‑racism framework.

Read more: https://theconversation.com/politics-with-michelle-grattan-former-minister-ed-husic-on-why-labor-must-stare-down-gas-companies-over-tax-281124

#EdHusic #Albanesegovernment #NBN #HumanRights #LNG #JimChalmers

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Federal Government Unveils $1,000 Instant Tax Deduction: A Shift in Deductions Looms

Australian workers can claim a $1,000 instant tax deduction from July 1, 2026. This change simplifies tax filing for millions.

#TaxDeduction, #AustraliaTax, #JimChalmers, #TaxRelief, #WorkExpenses

https://newsletter.tf/australia-1000-instant-tax-deduction-july-2026/

Millions of Australian workers can now claim a $1,000 instant tax deduction without receipts starting July 1, 2026. This is a new option to simplify tax filing.

#TaxDeduction, #AustraliaTax, #JimChalmers, #TaxRelief, #WorkExpenses
https://newsletter.tf/australia-1000-instant-tax-deduction-july-2026/

Tax Overhaul Looms: Chalmers Signals Major Reforms in Upcoming Budget

How will the May 12 federal budget tax reforms change taxes for young people? Treasurer Jim Chalmers plans new rules to help younger generations buy homes.

#australiatax, #jimchalmers, #federalbudget2026, #taxreform, #australiaeconomy

https://newsletter.tf/chalmers-may-12-budget-tax-reforms/

Treasurer Jim Chalmers is planning major tax changes for the May 12 budget. This is the first big tax reform in Australia in over 20 years.

#australiatax, #jimchalmers, #federalbudget2026, #taxreform, #australiaeconomy
https://newsletter.tf/chalmers-may-12-budget-tax-reforms/

GAS TAX DISPUTE IGNITES NATIONAL GLOOM AS POLL REVEALS RECORD LOW SATISFACTION

Australia's life satisfaction hits record low (6.22/10) due to gas tax dispute and economic worries. Find out how it affects you.

#Australia #LifeSatisfaction #GasTax #Economy #JimChalmers

https://newsletter.tf/australia-life-satisfaction-low-gas-tax-debate/

Life satisfaction in Australia has fallen to its lowest point ever, scoring 6.22 out of 10. This is lower than during the COVID-19 pandemic.

#Australia #LifeSatisfaction #GasTax #Economy #JimChalmers
https://newsletter.tf/australia-life-satisfaction-low-gas-tax-debate/