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Australia news LIVE: Chalmers changes negative gearing, reforms capital gains tax in ambitious federal budget to woo younger voters; Coalition to support treasurer’s tax cuts

We’re bringing you the latest live news and politics updates after Treasurer Jim Chalmers handed down the government’s federal budget last night.

First seen · 8:39 PM UTCMay 12, 2026

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The Sydney Morning Herald
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Australia news LIVE: Chalmers changes negative gearing, reforms capital gains tax in ambitious federal budget to woo younger voters; Coalition to support treasurer’s tax cutsWe’re bringing you the latest live news and politics updates after Treasurer Jim Chalmers handed down the government’s federal budget last night.
8:39 PM UTC

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