'The party had to end': Young investors torn on budget tax reform
By Lin Lin
Some young Australians locked out of the property market due to unaffordable housing have pursued ETFs and "rentvesting" as a way to build financial security. Here's what they make of the budget's CGT reforms.
Granny flat ban lifted for some residents under airport flight path
By Brooke Chandler
The NSW government will permit secondary dwellings such as granny flats in some areas affected by noise from Western Sydney International Airport.
#UrbanDevelopmentandPlanning #CommunityandSociety #GovernmentandPolitics #LocalGovernment #HousingPolicy #Environment #BrookeChandler
Tax is a great motivator but will Labor's changes fix Australia's housing mess?
By Alan Kohler
The Albanese government and the opposition both want to turn back the clock on the Australian tax system.
Hobart military barracks slated for housing development
By Clancy Balen
Up to 1,000 new homes could be built on the site of a military barracks in Hobart, under a state-federal redevelopment agreement.
https://www.abc.net.au/news/2026-05-17/tas-derwent-barracks-land-sale/106689470
Treasurer defends impact of budget on young investors
By Holly Tregenza
Jim Chalmers says it is better for young people to invest based on economic rather than tax outcomes, and argued they can still access negative gearing by buying up new homes.
#FederalGovernment #GovernmentandPolitics #FederalParliament #HousingPolicy #Tax #HollyTregenza
First home buyers 'up and about' at auctions after negative gearing changes
By Selina Bryan
The government says the changes are aimed at levelling the playing field for young buyers bidding against property investors, while the opposition is pledging to undo the reforms, citing their potential to raise rents.
#HousingPolicy #Tax #BusinessEconomicsandFinance #HousingConstructionIndustry #GovernmentandPolitics #EconomicTrendsandIndicators #SelinaBryan
Aspiration has changed since the Howard era. This budget is finally catching up
By Gareth Hutchens
At the turn of the century, "aspiration" described Australians who wanted to put their kids into private school and university, and to build their wealth by getting an investment property or two. Today, it means something humbler; millions of younger Australians simply aspire to own a home one day, to have some shelter.
https://www.abc.net.au/news/2026-05-17/budget-2026-27-chalmers-aspiration-housing-howard/106680828
#Budget #FederalGovernment #HousingPolicy #BusinessEconomicsandFinance #EconomicTrendsandIndicators #GarethHutchens
At the turn of the century, "aspiration" described Australians who wanted to put their kids into private school and university, and to build their wealth by getting an investment property or two. Today, it means something humbler; millions of younger Australians simply aspire to own a home one day, to have some shelter.
Why millennials and gen Z feel ripped off by this budget
By Holly Tregenza
The prime minister said this budget was about fixing intergenerational inequality, but online, gen Z and the millennials are hearing a different narrative.
#HousingPolicy #Tax #Budget #FederalGovernment #GovernmentandPolitics #FederalParliament #HollyTregenza
WA Premier Roger Cook treads fine line in 'standing up to Canberra'
By Courtney Withers
Roger Cook welcomes the federal budget's focus on housing, but he's less than thrilled about NDIS changes and the funding of infrastructure and aged care.
https://www.abc.net.au/news/2026-05-15/roger-cook-backs-federal-budget-housing-focus/106676870
#Budget #StateandTerritoryGovernment #FederalGovernment #StateandTerritoryParliament #GovernmentandPolitics #FederalStateIssues #HousingPolicy #CourtneyWithers
Taylor's bold budget reply a mix of sound and dubious policy commitments
By Michelle Grattan
Opposition Leader Angus Taylor commits to phasing in income tax indexation under a "tax back guarantee" that he says "will fully protect all taxpayers from inflation".
https://www.abc.net.au/news/2026-05-15/federal-budget-reply-angus-taylor-welfare-migrants/106681244
#Budget #GovernmentandPolitics #Immigration #HousingPolicy #Welfare #MichelleGrattan
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