Barnaby Joyce has accused Labor of punishing aspiration through its budget tax reforms, warning changes to negative gearing, capital gains tax and trusts will drive investment offshore and push renters “onto the street”.
Money
Posted inAgriculture, Money, Roads and Infrastructure, Transport and Freight
Small wins overshadowed by deep cuts for regions
Not happy: small wins on measures like excluding farmers from new taxes are not impressing rural advocates.
Posted inLismore, Money
Lismore unveils $411m budget focused on infrastructure, flood recovery and regional growth
Lismore City Council’s draft $411.3 million budget prioritises infrastructure, flood recovery and cost-of-living support measures across the region.
Posted inHousing, Money, National News
‘Need to do more’: PM flags housing changes in budget
The upcoming federal budget will be one of reform, the prime minister has insisted, despite accusations of broken election promises.
Posted inGrants and funding, Local News
North Coast groups share in Australia Post community grants
North Coast community groups have secured Australia Post grants for projects supporting mental health, disaster resilience, Indigenous literacy and marine rescue.
Posted inAgriculture, Money, National News
Family trusts in Treasurer’s sights as farmers warn of regional fallout
Proposed changes to how family trusts are taxed are shaping as a key battleground in next week’s federal budget, with a 30% tax to be proposed despite failing many times before.
Posted inMoney, National News
RBA lifts cash rate to 4.35% as oil shock fuels inflation pressure
The Reserve Bank of Australia has lifted the official cash rate to 4.35 per cent, delivering a third consecutive interest rate hike
Posted inMoney, Social issues and services
Bank branch closures costing regions $1b and 4,000 jobs, alliance warns
Nearly 900 bank branches gone, 4,000 jobs lost. And they say the decline of regional banking is far from over.
Posted inDisability, Grants and funding, Lismore
Lismore’s REDinc opens flood-resilient hub to secure disability services
A Northern Rivers disability service provider has opened a new flood-resilient hub in central Lismore, aimed at safeguarding essential supports against future disasters.
Posted inGrants and funding, Port Macquarie-Hastings, Regional Development
$7m boost to unlock 5,300 homes in Port Macquarie-Hastings
A $7m boost for water infrastructure is set to unlock more than 5,300 new homes in Port Macquarie-Hastings.