Treasurer Jim Chalmers and Prime Minister Anthony Albanese in August 2025. “This time they appear to be on the same page.”

Can Jim Chalmers deliver serious tax reform? Why the 2026 budget now looms as his best chance

With Anthony Albanese open to possible changes to the capital gains tax discount,this is the treasurer’s best opportunity to shift the dial.

  • James Massola

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Prime Minister Anthony Albanese was asked about changes to capital gains tax during question time on Thursday.

The tax deduction that will cost Australia $250bn over the next decade (and it’s not negative gearing)

The government is mulling a change to the capital gains tax concession. New analysis shows that without change,it will cost the budget $250 billion.

  • Shane Wright
Reducing the concession on capital gains is argued by supporters as a way to help young people into the property market.

Cutting capital gains deductions opens door to bigger cuts

The government is considering winding back the capital gains tax concession as part of a broader change to taxes in the May budget.

  • Shane Wright andJames Massola
Treasurer Jim Chalmers says high house prices are an intergenerational issue that has to be addressed.

Chalmers puts tax reform at top of budget plans

Treasurer Jim Chalmers,facing pressure to reduce inflation and improve living standards,says intergenerational unfairness is driving anger around the world.

  • Shane Wright
The ATO has been involved in an unprecedented international"day of action"by tax agencies targeting a Central American bank.

After years of restraint,Tax Office ramps up travel bans on major debtors

Data obtained by this masthead show the Tax Office used its powers to stop multimillion-dollar tax debtors leaving Australia just 46 times over six years,before sharply escalating enforcement this financial year.

  • Carla Hildebrandt
Finance Minister Katy Gallagher,Anthony Albanese and Jim Chalmers with the 2022 federal budget. Without reform,it may be one of the last budgets to end up in surplus.

Budget will remain in deficit forever without change

The Albanese government delivered the first budget surpluses in 15 years. But they may be the last according to a Deloitte Access Economics report.

  • Shane Wright
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Unfair tax breaks such as the capital gains concessions are robbing young Australians of their chance to buy a home.

If Labor really cared about our future,these tax breaks must go

If you’re buying your fourth investment property,you’re a true-blue Aussie. But a student receiving rent assistance? You’re a fiscal burden.

  • Thomas Walker
The SRO has increased its compliance activities.

‘Aggressive pursuit of debts’:Property owners feel strain over surging land tax bills

The State Revenue Office has cracked down on a growing amount of unpaid land tax,netting almost $900 million.

  • Daniella White
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The state with the slowest economy since the turn of the century

The International Monetary Fund has urged the federal government to go bold on tax reform to help lift the nation’s economy.

  • Shane Wright
Then-opposition leader David Crisafulli speaking at the 2024 LNP state convention in Brisbane.

Abolishing payroll tax and the other items on LNP conference wishlist

As party figures dive into two days of non-binding policy debate and internal matters on the Gold Coast,one major resolution already passed has the ear of the premier.

  • Matt Dennien