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More than 12 independent and Coalition senators spoke out against the new $3 million super tax legislation in the Lower House on Wednesday, calling for amendments to the taxing of unrealised capital gains and the lack of indexation.
Taxpayers earning under $150,000 are in line for a greater tax cut, after the Albanese government's overhauled income tax package cleared the lower house.
Former leader David Cameron’s appointment as UK foreign secretary after seven years in the political wilderness says one of two things about the current state of Britain’s Conservative government.
Ministers in both the Senate and the House of Representatives were subjected to repeated questions from the Opposition about their handling of the request during Question Time.
Commonwealth Bank chief executive Matt Comyn said building companies that operated with more fixed-price contracts were particularly vulnerable as construction costs continue to soar.