Prime Minister Anthony Albanese has ruled out changes to negative gearing, saying tinkering with the tax concession could harm housing supply. Negative gearing allows investors to write off their property losses against other income, reducing their overall tax bill. Treasury is reportedly modelling the impact of policy changes, but Albanese was more definite on Thursday when asked if Labor would …

A joint statement from Australia, the United States and other allies is calling for an immediate 21-day ceasefire across the Israel-Lebanon border. The proposal was prompted by the deadly fighting between Israel and Hezbollah which many fear could spill into a wider conflict. The statement, which was negotiated by leaders and diplomats at the United Nations General Assembly in New …

Shadow Housing Minister Michael Sukkar used a debate on the ABC’s Q+A on Monday to call out the government’s “unedifying” commentary around interest rate decisions. Last week, Treasurer Jim Chalmers said successive rare rates were “smashing the economy” ahead of new data showing barely any growth in the June quarter. “I think it’s been a pretty unedifying display, seeing the government criticising the …

The Royal Commission into Defence and Veteran Suicide has handed down its final report, calling for a new support body to help defence personnel transition to civilian life. Staffed by people who have experienced military service, the proposed body would help people apply for compensation and rehabilitation support, connect them with health services and conduct ongoing monitoring of wellbeing with …

Frontline and legal services supporting women and children experiencing domestic violence have been given extra funding to address the national crisis. Prime Minister Anthony Albanese announced a $4.7 billion package to fund services following a national cabinet meeting in Canberra on Friday. “We know that a nationally coordinated approach is required to address this national crisis,” he said. “We must …

Bunnings will be grilled on how it treats suppliers with a spotlight on increasing corporate competition to lower prices as Australians struggle with the cost of living. Senior executives from the major hardware chain have been recalled to appear before a Senate inquiry that examined supermarkets to increase competition and put downward pressure on prices at the checkout. Bunnings will …

The most important health check in years warns the Great Barrier Reef’s prospects are “very poor” despite the government pouring millions of dollars into programs to help it cope with climate change and other threats. The Great Barrier Reef Outlook Report was released with little fanfare on Friday afternoon,  minus commentary from the federal government. The five-yearly report is a …

It has been less than 48 hours since the Country Liberal Party’s landslide election win became clear, but the tone of the Northern Territory’s new government has already been set. Incoming chief minister Lia Finocchiaro, addressing the media at parliament on Monday, said her “number one priority” was community safety. “Steps must be taken to address that immediately,” she said. …

Year 12 student Noah Cameron has never seen Andrew Tate pop up in his endlessly whirring social media feeds. “But I can’t say that I have been able to avoid the thousands of videos that are put out there that are trying to emulate that style,” the 18-year-old said. Tate, the British-American kickboxer turned social media influencer, has become a …

The private market won’t solve Australia’s housing crisis, according to a new report that urges the federal government to pour more money into building social housing. The People’s Commission into Australia’s Housing Crisis released its report on Wednesday following an inquiry led by former Labor senator Doug Cameron and Nicole Gurran, a professor from the University of Sydney’s School of …