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Greens ask if treasurer can exempt homeowners in his electorate from CGT changes

Greens question whether Jim Chalmers could exempt homeowners in his electorate from CGT changes Thu 4 Jun 2026 at 3:04pm In short: The Greens have indicated the party is willing to help Labor pass its tax laws But they hold concerns about the specifics contained within the bill which could allow treasurers to "fundamentally alter" the laws Meanwhile the opposition says it will work with anyone who could block the laws proposed by Labor The Greens have seized upon powers within the...

ABC Australia 6d ago

HMRC key tax allowance cut update as income surges

HMRC key tax allowance cut update as income surges The Government has enjoyed a huge windfall from Capital Gains Tax The Treasury has reaped a substantial windfall from Capital Gains Tax following a raft of tax changes that have ensnared more investors. Fresh HMRC data reveals Capital Gains Tax (CGT) receipts reached nearly £24.3 billion in the 2025/26 tax year, a remarkable 77% rise on the previous year.

Daily Mirror 11h ago

Fresh concerns emerge over impact of Labor's tax changes on medical tech

Medical technology sector raises fresh concerns with Labor’s capital gains tax overhaul Sat 6 Jun 2026 at 4:44am In short: Australia's medical technology sector says Labor's budget changes will make it harder for local startups to commercialise new products. Industry groups say planned changes to research and development tax incentives will specifically hurt the health sector where companies often take more than a decade to become profitable. What's next: Labor is pressing ahead with its...

ABC Australia 4d ago

Two questions still hang above the now decaying federal budget

analysis Is this the tax reform hill Albanese and Chalmers want to die on? Jun 2026 at 5:00am Two questions hang in the air above the now decaying federal budget, like condors waiting for carrion. First, why is Labor spending the political capital of a 50-seat majority on a minor change to capital gains tax on businesses?

ABC Australia 9d ago

Young Australians reject budget as One Nation popularity climbs further

Young Australians reject budget, One Nation popularity climbs further in new poll Sun 31 May 2026 at 9:09pm In short: Labor's budget has been poorly received across all demographics, according to a Redbridge poll. One Nation's primary vote continues to climb and now leads against both major parties.. Pollster Tony Barry says Labor has "a lot of ground to cover" to improve voter perceptions.

ABC Australia 10d ago

Hanson takes the stage as Chalmers's budget woes roll on

analysis Hanson prepares to take the big stage as Chalmers's budget backlash rolls on Fri 5 Jun 2026 at 4:58am When One Nation leader Pauline Hanson addresses the National Press Club on June 17, there will be landmines everywhere. It's her first formal speech to the club in her 30-year (on and off) parliamentary career. How times have changed.

ABC Australia 5d ago

CanonCGT: Reference-Based Color Grading via Canonical Pivot Representation

arXiv:2606.01638v1 Announce Type: new Abstract: Reference-based color grading aims to reproduce the tonal mood and lighting of a reference while preserving color harmony and scene structure. Existing photorealistic and filter-based methods often produce unstable tone mappings -- over-shifting or inconsistently retaining colors -- leading to unnatural results. We propose CanonCGT, a two-stage framework built on a canonical pivot -- a style-neutral intermediate representation for stable color...

arXiv CS 8d ago

Budget won't be to blame if house prices fall, housing minister says

Budget won't be to blame if house prices fall, housing minister says Sun 31 May 2026 at 10:52am In short: Clare O'Neil says suggestions the government's proposed tax changes could knock 10 per cent off the price of homes are overblown, and Treasury expects only a "mild" impact on price growth. The housing minister says if prices did fall sharply, it would not be due to the proposed changes to negative gearing and capital gains tax. The government is consulting on its proposed tax changes,...

ABC Australia 10d ago