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Showing 21 - 30 of 283 results for "Chalmers"

Investors the biggest losers in 2026 Budget

KARREN VERGARA  |  WEDNESDAY, 13 MAY 2026
... Discretionary trusts, meanwhile, are set for a shakeup after being slapped with a 30% minimum tax. From 1 July 2028, Chalmers proposes to introduce the new tax that will be paid by trustees given they control distributions. Beneficiaries will still need ...

Industry welcomes government's productivity push

RIDDHIMA TALWANI  |  WEDNESDAY, 13 MAY 2026
... Australia's productivity agenda, progressing the majority of near-term recommendations for the Commonwealth," Treasurer Jim Chalmers said.

Foreign investors housing ban extended

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
... from 1 July 2027, to restore the taxation of real gains, and introduce a minimum tax rate of 30% on realised gains," Chalmers said. "This will apply to all assets except new homes, where both new and old arrangements will be available. It will be prospective ...

Minimum 30% tax for discretionary trusts

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
... tax arrangements" reforms in the 2026-27 Budget to address intergenerational inequity. From 1 July 2028, Treasurer Jim Chalmers proposes to introduce the new tax that will be paid by trustees given they control distributions. Beneficiaries will still ...

Budget doubles down on housing supply with $2bn infrastructure push

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
Treasurer Jim Chalmers unveiled a new $2 billion Local Infrastructure Fund aimed at accelerating housing delivery and easing development delays. The fund will support local governments and state utilities providers in delivering essential "last mile" ...

Chalmers chooses 'hard road of reform' in Budget

ELIZA BAVIN  |  TUESDAY, 12 MAY 2026
Treasurer Jim Chalmers has unveiled the Federal Budget, delivering a deficit for 2026/27 of $31.5 billion, as the government prioritises reform over relief. The 2025/26 deficit came in at $28.3 billion, a far cry from the $36.8 billion that had been ...

Chalmers overhauls negative gearing, CGT discount

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
Treasurer Jim Chalmers has affirmed the highly anticipated overhauls to the capital gains tax (CGT) discount and negative gearing in a bid to "level the playing field for first home buyers." The 50% CGT discount will be replaced with inflation-adjusted ...

Calls for CGT, negative gearing reforms 'unanimous': Mulino

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
... achieving those objectives. The Budget is expected to provide further detail on the governments approach when Treasurer Jim Chalmers hands down the measures tonight.

Super funds welcome UK's Supers Unit to push investments

RIDDHIMA TALWANI  |  TUESDAY, 12 MAY 2026
... memorandum of understanding (MoU) was signed by UK Chancellor of the Exchequer Rachel Reeves and Australian Treasurer Jim Chalmers on the sidelines of the G20. in Washington DC. A number of Australian super funds and investors, including IFM Investors ...

Performance test reforms to curb benchmark hugging: Treasury

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
... the outcomes of the government's 2025 Economic Reform Roundtable, which promised reforms to the test. Treasurer Jim Chalmers said opportunities to modernise and strengthen the performance test can provide strong protections in light of the collapse ...