In this budget, all eyes are on CGT. But Labor’s rumoured family trust tweaks might also help fight tax inequality | Greg Jericho If Albanese’s newest budget can tame discretionary trust tax dodging, it will be a good step in ensuring the rich are treated the same as the rest of us Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast When it comes to how wealth and high income is taxed in this country, it is not hard to agree with F Scott Fitzgerald’s line that “the rich are different from you and me”. The difference between the rich and the rest is abundantly clear when you look at how most people make money.
Original (en)
If Albanese’s newest budget can tame discretionary trust tax dodging, it will be a good step in ensuring the rich are treated the same as the rest of us Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast When it comes to how wealth and high income is taxed in this country, it is not hard to agree with F Scott Fitzgerald’s line that “the rich are different from you and me”. The difference between the rich and the rest is abundantly clear when you look at how most people make money. Whereas most of us get money from salary and wages, those who earn $1m or more a year generate most of their income through capital gains, dividends and partnerships and trusts: Continue reading...
Published
May 6, 2026, 09:00 PM UTC
7d ago
Significance
Entities Detected
· click + to trackWHO says hantavirus is not the new COVID, as passengers evacuated from outbreak cruise ship The cruise ship linked to a deadly hantavirus outbreak has left Cape Verde and is headed for the Canary Islands, where passengers are expected to depart the vessel and begin heading home. Three people have died in the outbreak with eight recorded cases so far. But the World Health Organisation is moving to reassure people hantavirus is not the new COVID-19.
Jewish hospital patient 'paralysed with fear' after threatening video A Jewish NSW Health worker and patient who says she experienced antisemitism in the workplace tells the royal commission she considered cancelling her knee surgery after becoming "paralysed" with fear in the wake of two nurses making threats against Israeli patients.
Three patients leave cruise hit by hantavirus outbreak Two Argentine officials investigating the origins of a hantavirus outbreak on a ship say a couple may have contracted the virus in Ushuaia before boarding.
1662364d…openwatch.io →