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Showing 1 - 10 of 230 results for "Treasurer Jim Chalmer"

S&P reaffirms Australia's AAA credit rating

VINNY VUCAGO  |  FRIDAY, 7 AUG 2026
Australia has retained its AAA sovereign credit rating form S&P Global, with the ratings agency citing the nations sound fiscal position, modest public debt and strong institutional settings despite heightened global uncertainty. S&P reaffirmed the ...

Treasury rolls out negative gearing, CGT Tranche 2 consultation

KARREN VERGARA  |  WEDNESDAY, 5 AUG 2026
Treasury has launched part two of the negative gearing and capital gains tax (CGT) reforms, hoping to clarify some more of the "complex issues" that apply to a range of specific circumstances and structures. Among the key measures, the government has ...

Treasury expects regulators to do the heavy lifting

MATTHEW WAI  |  FRIDAY, 17 JUL 2026
Treasury has released new Statements of Expectations (SoE) for the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC), with an emphasis on how the regulators should promote a more sustainable ...

ASFA makes suggestions for performance test overhaul

VINNY VUCAGO  |  THURSDAY, 9 JUL 2026
The Association of Superannuation Funds of Australia (ASFA) has called for the federal governments annual superannuation performance test to be modernised, arguing the current framework is discouraging long-term investment assets such as housing, infrastructure ...

CGT, negative gearing changes to become a law

RIDDHIMA TALWANI  |  FRIDAY, 26 JUN 2026
The government's tax agenda announced in the Budget overhauling the capital gains tax (CGT) discount and negative gearing have now passed the Parliament and will become law. The government recently unveiled CGT discount carveouts targeting small businesses ...

Start-ups, small businesses win CGT reform carveouts

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
Treasury has unveiled a package of capital gains tax (CGT) discount carveouts targeting small businesses, and start-ups and their investors following backlash since the reforms were announced in the Budget on May 12. Testamentary trusts will also be ...

US proposes fresh tariffs on Australia

ELIZA BAVIN  |  THURSDAY, 4 JUN 2026
The United States has proposed a fresh 12.5% tariff on Australia after the Office of US Trade Representative alleged Australia had failed to stop goods made with forced labour from entering markets. The Trump administration said Australian government ...

Proposed CGT reforms could upend HNW low advice demand

KARREN VERGARA  |  FRIDAY, 22 MAY 2026
The high-net-worth (HNW) population's vast pool of wealth estimated to be worth a whopping $4.4 trillion, yet only one quarter employ the services of a financial adviser, new research finds, but Labor's proposed tax reforms could change this. ...

Government to fast track low-risk foreign investments

RIDDHIMA TALWANI  |  WEDNESDAY, 20 MAY 2026
The government is further strengthening Australia's foreign investment framework in a bid to unlock more investment and subject higher risk proposals to more rigorous scrutiny. This builds on the first tranche of reforms introduced in 2024. The changes ...

Removing CGT discount on all assets will make tax system fairer: Chalmers

RIDDHIMA TALWANI  |  TUESDAY, 19 MAY 2026
Treasurer Jim Chalmers said changes to the capital gains tax (CGT) is fundamentally about reducing distortions in the tax system as a whole and to introduce a more fair and neutral system in place of the current one. Speaking at the Bloomberg Forum ...
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