ABC News (Australia)
IN FULL: Treasurer Jim Chalmers delivers the 2026 Federal Budget | ABC NEWS
- Title
- IN FULL: Treasurer Jim Chalmers delivers the 2026 Federal Budget | ABC NEWS
- Runtime
- 26:41
- Date posted
- 1 month ago
- Description
- Treasurer Jim Chalmers delivers the 2026 Federal Budget, his fifth and most challenging budget to date.
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Read more here: www.abc.net.au/news
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- Title
- Mixed emotions as Yindjibarndi people win $150m compensation from Fortescue | ABC News
- Runtime
- 4:17
- Date posted
- 1 month ago
- Description
- The Federal Court has awarded traditional owners from WA's remote north $150.1 million in compensation after Andrew Forrest's company, Fortescue, mined their lands without their permission.
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Read more here: https://www.abc.net.au/news/2026-05-12/yindjibarndi-fortescue-andrew-forrest-compensation-payout/106665232
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- Title
- How your investments are affected by CGT changes | The Business | ABC NEWS
- Runtime
- 3:42
- Date posted
- 1 month ago
- Description
- In what's been dubbed the budget with the 'most significant tax changes in more than a quarter of a century', the federal government has made changes to the capital gains tax (CGT) discount and negative gearing.
From 1 July 2027, the government will scrap the 50 per cent tax discount on capital gains for all assets except those in superannuation. That includes shares.
The CGT discount will return to the policy of 1999, where only 'real' gains above inflation are taxed at a minimum rate of 30 per cent. But gains accrued prior to next year will retain the 50 per cent discount.
Investment fund founder Chris Brychi worries the changes could hurt aspiring homeowners, who are buying speculative shares to save for a deposit. But he says it is "still possible in a diversified portfolio".
The capital gains tax changes also apply to property investors, except those buying new homes to boost supply. Other reforms include changes to negative gearing. From 1 July 2...
- Title
- There was more in the budget than we were expecting | ABC NEWS
- Runtime
- 3:00
- Date posted
- 1 month ago
- Description
- The signature reform in the 2026 federal budget was the widely expected changes to negative gearing and capital gains tax - changes the government says will make housing more accessible to younger Australians, as explained by economics reporter Tom Crowley.
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Read more here: https://www.abc.net.au/news/2026-05-12/what-is-in-federal-budget-to-help-cost-of-living-explainer/106671806
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- Title
- Japan produces very little crude oil but has massive stockpiles | ABC NEWS
- Runtime
- 1:42
- Date posted
- 1 month ago
- Description
- Australia isn’t the only country searching for reliable sources of fuel amid the global energy crisis.
Across Asia, countries are scrambling to fill gaps created by the closure of the Strait of Hormuz, while Japan — a country that produces next to no crude oil, but has the third biggest stockpile in the world — sits comfortably prepared for this moment.
Video by Natalie Whiting.
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- Title
- Will tax reform make houses more affordable? | ABC NEWS
- Runtime
- 2:08
- Date posted
- 1 month ago
- Description
- Chief Business Correspondent Ian Verrender says, while the tax reforms may not reduce house prices measurably, they will deliver a lot of revenue to the government.
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Read more here: https://www.abc.net.au/news/2026-05-12/why-chalmers-reined-in-the-property-tax-lurks/106671254
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- Title
- Government says economic environment demands bold reform | ABC NEWS
- Runtime
- 4:17
- Date posted
- 1 month ago
- Description
- The 2026 budget comes amid roiling unrest and uncertainty in Australia and across the world; a febrile political and economic environment the government says demands bold reform.
7.30's Political Editor Jacob Greber gives his analysis on the budget.
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Read more here: https://www.abc.net.au/news/2026-05-12/why-chalmers-reined-in-the-property-tax-lurks/106671254
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- Title
- Labor unveils 'ambitious' plan for tax reset in 2026 budget | ABC NEWS
- Runtime
- 4:17
- Date posted
- 1 month ago
- Description
- The Treasurer Jim Chalmers has announced major changes to negative gearing, trusts, and the capital gains tax discount, all to address a housing crisis the government says has locked young people out of home ownership and is straining our social fabric.
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Read more here: https://www.abc.net.au/news/2026-05-12/federal-budget-2026-live-may-12/106668626
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- Title
- Is this the bravest budget in decades? | ABC News Daily podcast
- Runtime
- 20:50
- Date posted
- 1 month ago
- Description
- The Treasurer Jim Chalmers has delivered his 2026 budget, unveiling a new tax cut and some of the most significant tax changes in decades.
Delivered as war impacts the economy, it’s being sold as a budget that addresses the growing inequality between generations, with the treasurer declaring Labor is on the hard road of reform.
But will changes to taxes on property investors and family trusts really level the playing field?
The ABC’s chief business correspondent Ian Verrender joins Sam Hawley in the budget lock-up in Sydney.
Featured:
Ian Verrender, ABC Chief Business Correspondent
- Title
- $150m payout ordered after Fortescue built mine without traditional owners' permission | ABC NEWS
- Runtime
- 4:14
- Date posted
- 1 month ago
- Description
- The Federal Court has awarded traditional owners from WA's remote north $150.1 million in compensation after Andrew Forrest's company, Fortescue, mined their lands without their permission.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2026-05-12/yindjibarndi-fortescue-andrew-forrest-compensation-payout/106665232
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#ABCNEWS #ABCNEWSAustralia
- Title
- Cabinet arrives at Downing St ahead of Keir Starmer showdown | ABC NEWS
- Runtime
- 6:32
- Date posted
- 1 month ago
- Description
- Members of Keir Starmer’s cabinet are meeting for the first time since the UK Labour Party’s disastrous results in regional and local elections.
It comes as at least 72 Labour MPs called for the prime minister to resign.
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Read more here: https://www.abc.net.au/news/2026-05-12/keir-starmer-clings-on-as-prime-minister/106669814
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- Title
- ASX down despite gains on Wall Street, federal budget ahead | Finance Report | ABC NEWS
- Runtime
- 1:46
- Date posted
- 1 month ago
- Description
- Oil prices rose after another setback in efforts to end the US-Iran war, keeping concerns about the Strait of Hormuz, fuel costs and inflation in focus.
Australian shares have slid as ASIC investigates DroneShield over disclosures and share trading in 2025.
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Read more here: https://www.abc.net.au/news/2026-05-12/asx-markets-business-news-live-updates-budget-day/106653134
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- Title
- 'Very disappointing': Government releases gambling reforms amid budget day distraction | ABC NEWS
- Runtime
- 8:16
- Date posted
- 1 month ago
- Description
- The government has issued its formal response to a parliamentary inquiry that called for a ban on gambling advertising.
It outlines reforms, including partial restrictions on radio and television gambling ads. Tim Costello, chief advocate for the Alliance for Gambling Reform, says it is a “farce” the reforms do not include a national gambling regulator.
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Read more here: https://www.abc.net.au/news/2026-05-12/government-accused-burying-response-peta-murphy-gambling-report/106639176
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- Title
- Tax changes won’t solve housing crisis, but they’ll help: Alan Kohler | ABC NEWS
- Runtime
- 2:16
- Date posted
- 1 month ago
- Description
- Baby Boomers and Gen Xers enjoy 80 per cent of the benefits of negative gearing and the capital gains tax discount.
Alan Kohler says the CGT discount is ‘holding the smoking gun’ for housing unaffordability and cutting back on negative gearing should make new houses as more attractive investment.
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Read more here: https://www.abc.net.au/news/2026-05-12/why-chalmers-will-reform-property-tax-in-federal-budget-2026/106666010
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- Title
- LIVE: A special pre-budget edition of Afternoon Briefing with Patricia Karvelas | ABC NEWS
- Runtime
- 1:30:00
- Date posted
- 1 month ago
- Description
- In the final hours before the Treasurer hands down the Federal Budget, Patricia Karvelas is live from Canberra with everything you need to know, speaking with politicians, economists, experts and reporters with the latest.
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ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
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- Title
- Michael Voss quits Carlton, who should take his place?
- Runtime
- 14:59
- Date posted
- 1 month ago
- Description
- We are only nine rounds into the AFL season but that was enough for Michael Voss to decide he's had enough. Mick Malthouse has lived a version of this so we ask him about the pressures that leading the Blues comes with and who the club might have in their sights to take over the role full time. Carlton have been known for chasing big names to lead the club and there is currently no shortage of experienced coaches on the market but history will tell them that hasn't worked out in the past. What can they gain out of season 2026 as the search begins for their next senior coach?
Featured: Mick Malthouse, three time Premiership coach
To catch up on everything that’s making sports headlines recently, listen to more episodes of ABC Sport Daily,’ hosted by Patrick Stack on ABC listen or wherever you get your podcasts, and get in touch with them on social media via @abc_sport. In the episodes we will cover big sporting personalities and all sports, in...
- Title
- Four Australians en-route to Perth after hantavirus-hit cruise ship evacuated | ABC NEWS
- Runtime
- 2:15
- Date posted
- 1 month ago
- Description
- The evacuation of passengers from the MV Hondius cruise ship is now complete after a hantavirus outbreak killed three people and infected several others.
Four Australians, a permanent resident, and a New Zealander are now in the Netherlands waiting for the government to arrange their transfer to a Perth quarantine facility.
The six passengers and flight crew will then be required to isolate for the first three weeks of their 42-day quarantine period.
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Read more here: https://www.abc.net.au/news/2026-05-12/perth-quarantine-facility-to-help-hantavirus-disease-control/106667314
ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
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- Title
- IN FULL: Question Time from the House of Representatives ahead of the federal budget | ABC NEWS
- Runtime
- 1:25:56
- Date posted
- 1 month ago
- Description
- Watch Question Time from the House of Representatives ahead of the release of the federal budget.
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Read more here: https://www.abc.net.au/news/2026-05-12/federal-budget-2026-live-may-12/106668626
ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
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- Title
- Housing help needed 'across the income spectrum', expert says | ABC NEWS
- Runtime
- 5:16
- Date posted
- 1 month ago
- Description
- Nicole Gurran from the University of Sydney says the housing crisis is increasingly affecting Australians across the income spectrum. She explains how changes to the federal budget, including CGT, negative gearing, and new land releases, could improve housing options for renters and buyers.
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Read more here: https://www.abc.net.au/news/2026-05-12/why-chalmers-will-reform-property-tax-in-federal-budget-2026/106666010
ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
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- Title
- UPDATE: Croc Wrangler | Matt Wright out of jail
- Runtime
- 21:05
- Date posted
- 1 month ago
- Description
- After five months in prison, croc wrangler Matt Wright announced his release from jail via an Instagram post.
Darwin reporter, Olivana Loutharis returns to the pod to explain how it all unfolded.
The Case Of is the follow-up to the hit podcast Mushroom Case Daily, and all episodes of that show will remain available in the back catalogue of The Case Of.
- Title
- SAS soldier killed during parachute training exercise | ABC NEWS
- Runtime
- 1:24
- Date posted
- 1 month ago
- Description
- A highly-skilled Australian Army paratrooper has died during a training exercise at the Jervis Bay Airfield on the New South Wales South Coast.
Warrant Officer Second Class Lachlan Muddle, 50, from the special air service regiment, was killed when he fell to the ground after a mid-air collision with another paratrooper last night.
Australian Army Special Operations Commander Major General Garth Gould said Warrant Officer Muddle had been assisting a specialist parachute training activity.
"After successfully opening their parachutes, what we know about the incident is that both paratroopers collided several hundred feet above the ground whilst they were manoeuvring towards the drop zone," he said.
"After the collision, both soldiers fell from height."
The other paratrooper, a sergeant from the Australian Defence Force Parachute School, survived the fall with minor injuries.
"Both paratroopers were highly ...
- Title
- Queensland woman found not guilty of murdering son with spiked fruit smoothie | ABC News
- Runtime
- 2:04
- Date posted
- 1 month ago
- Description
- Gold Coast mother Maree Crabtree who was accused of killing her son with a poisoned smoothie for financial gain has been cleared of his murder.
#ABCNewsQld by Ciara Jones
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ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
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- Title
- Australian soldier killed during parachute training at Jervis Bay | ABC NEWS
- Runtime
- 1:17
- Date posted
- 1 month ago
- Description
- A highly-skilled Australian Army paratrooper has died during a training exercise at the Jervis Bay Airfield on the New South Wales South Coast. Warrant Officer Class Two Lachlan Muddle from the Special Air Service Regiment, was killed when he fell to the ground after a mid-air collision with another paratrooper. Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2026-05-12/australian-soldier-killed-during-parachute-training/106669370
ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
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- Title
- Trump-Xi meeting: How will China and the US position themselves? | ABC NEWS
- Runtime
- 6:14
- Date posted
- 1 month ago
- Description
- Critical minerals, artificial intelligence, Taiwan, trade and the war in Iran are likely to be on the agenda when Donald Trump visits Beijing later this week. The US president is bringing a delegation with him that includes Tesla's Elon Musk and Apple's Tim Cook. Jared Mondschein from the US Studies Centre says both leaders will use the meeting to highlight their areas of cooperation, while minimising their areas of friction.
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Read more here: https://www.abc.net.au/news/2026-05-12/trump-xi-beijing-summit-must-confront-ai-cold-war/106666482
ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
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- Title
- Tasman Bridge fuels problems for Antarctic icebreaker | ABC News
- Runtime
- 2:06
- Date posted
- 1 month ago
- Description
- A costly refuelling issue affecting Australia's Antarctic icebreaker Nuyina remains unresolved months out from a key deadline. Right To Information documents now show it could take years to solve.
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Read more here: https://www.abc.net.au/news/2026-05-11/nuyina-refuelling-detour-could-take-years-to-fix/106658706
ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
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- Title
- Govt trying to sell message of 'intergenerational fairness' in budget | ABC NEWS
- Runtime
- 8:04
- Date posted
- 1 month ago
- Description
- The government says the budget will provide some cost of living relief to Australians with changes to CGT, negative gearing, the NDIS and fuel security the big ticket items. Finance minister Katy Gallagher has outlined why change is needed, while acknowledging that some of what is being announced amounts to a broken election promise.
Political reporter Stephanie Borys also explains the timing of a report on online gambling, which is expected to be released today while many political reporters are in the budget lock-up.
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Read more here: https://www.abc.net.au/news/2026-05-12/why-chalmers-will-reform-property-tax-in-federal-budget-2026/106666010
ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
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- Title
- Former Thai PM Thaksin Shinawatra released from jail | ABC NEWS
- Runtime
- 2:33
- Date posted
- 1 month ago
- Description
- Billionaire tycoon, populist politician and at one time, the owner of Ivy League club, Manchester United. Thailand’s former prime minister Thaksin Shinawatra has held many titles, but now he's added the title of ‘ex-con’.
After eight months behind bars after being convicted of corruption and abuse of power charges, Thaksin was released on parole.
Video by Asia Editor Karishma Vyas.
ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
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- Title
- Man charged after allegedly making threats at north Brisbane mosque | ABC NEWS
- Runtime
- 1:22
- Date posted
- 1 month ago
- Description
- A 33-year-old man has been charged with creating a public nuisance and disturbing a place of worship after allegedly making verbal threats at a Brisbane mosque.
Masjid Taqwa's board said the alleged incident caused fear and distress among members of the congregation.
The man is due to appear in court on May 22.
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Read more here: https://www.abc.net.au/news/2026-05-11/man-charged-making-threats-north-brisbane-mosque/106667352
ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
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- Title
- Trump says ceasefire on 'life support' after labelling Iran's proposal 'stupid' | ABC NEWS
- Runtime
- 2:55
- Date posted
- 1 month ago
- Description
- US President Donald Trump has labelled Iran's new proposal as “stupid” and a “piece of garbage” as the two nations fail to reach a deal to end the war. Iran has demanded the end of a US blockade of its Iranian ports and the release of its frozen assets while Donald Trump says he is aiming for "complete victory". Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2026-05-12/us-iran-reach-stalemate-in-war-negotiations/106668284
ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
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- Title
- 'Rough ride ahead' for Keir Starmer as over 70 Labour MPs call for his resignation | ABC NEWS
- Runtime
- 5:53
- Date posted
- 1 month ago
- Description
- More than 70 UK Labour MPs have joined calls for British Prime Minister Keir Starmer to step down after the party suffered sweeping defeats in local elections.
Home Secretary Shabana Mahmood has reportedly urged the UK leader to resign after he vowed to prove his doubters wrong.
BBC political correspondent Iain Watson says Keir Starmer should expect a 'rough ride ahead' as two high-ranking cabinet officials could resign if he continues to hold office.
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Read more here: https://www.abc.net.au/news/2026-05-12/calls-for-british-prime-minister-keir-starmer-resignation-blog/106668486
ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
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...
- Title
- Details of quarantine plan for Australians returning from hantavirus-hit cruise ship | ABC NEWS
- Runtime
- 4:51
- Date posted
- 1 month ago
- Description
- Australian passengers who were on board the hantavirus-hit cruise ship quarantine at Bullsbrook Centre for National Resilience near Perth for at least three weeks. Health Minister Mark Butler says it’s the strongest quarantine response of any country that is taking passengers back from the cruise ship. Subscribe: http://ab.co/1svxLVE
ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
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- Title
- Iran defends peace proposal, accuses US of bowing to Israel | ABC NEWS
- Runtime
- 2:39
- Date posted
- 1 month ago
- Description
- Iran says its peace proposal sent through Pakistan to Washington is ‘reasonable’, while US President Donald Trump labelled the offer ‘totally unacceptable’.
Tehran is accusing Washington of operating at the behest of Israeli Prime Minister Benjamin Netanyahu.
Iranian state media have reported the Islamic regime wants the White House to unfreeze Iranian assets, end the US blockade of Iranian ships and ports, and stop Israel from striking Lebanon.
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Read more here: https://www.abc.net.au/news/2026-05-12/us-iran-reach-stalemate-in-war-negotiations/106668284
ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
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- Title
- Australians among final passengers off hantavirus-hit ship | ABC NEWS
- Runtime
- 0:57
- Date posted
- 1 month ago
- Description
- The Australian passengers who were on board the hantavirus-hit cruise ship are heading home, via the Netherlands, after finally being allowed to leave.
The remaining 54 passengers, including four Australians and a permanent resident, have flown out of Tenerife.
The Australians and a New Zealander will quarantine for at least three weeks when they return later this week.
Video by Julian Andre.
ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
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- Title
- Macron shuts down noisy audience mid-speech | ABC NEWS
- Runtime
- 1:01
- Date posted
- 1 month ago
- Description
- French President Emmanuel Macron interrupted an event as artists and young speakers addressed the audience, asking attendees to remain quiet during a youth-focused session at the Africa Forward Summit in Nairobi.
He interrupted the “Africa Forward: Creation in Motion” discussion after conversations in the room grew louder, saying it was “impossible” for speakers to be heard.
“There is a total lack of respect,” Macron told attendees, urging those holding side discussions to continue them outside or in bilateral meeting rooms.
Reporting via Reuters.
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- Title
- Jim Chalmers previews 'difficult decisions' in budget to address housing, cost of living | ABC NEWS
- Runtime
- 12:08
- Date posted
- 1 month ago
- Description
- Treasurer Jim Chalmers addresses the media to preview the federal budget. He says the budget will make a number of difficult decisions to address substantial issues with Australia's economy, the housing market and cost of living as oil and energy prices spike due to war in the Middle East.
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Read more here: https://www.abc.net.au/news/2026-05-12/why-chalmers-will-reform-property-tax-in-federal-budget-2026/106666010
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- Title
- Is Putin right to be paranoid? | ABC News Daily podcast
- Runtime
- 16:10
- Date posted
- 1 month ago
- Description
- For decades, Russia’s Victory Day parade has brought tanks and intercontinental ballistic missiles to Red Square to celebrate the Soviet victory over Nazi Germany.
But not this year. Russia’s President Vladimir Putin scaled back the event due to the risk of a Ukrainian long range attack on Moscow.
At the same time, media reports citing a European intelligence service suggest security is increasing around Putin and there’s even a risk of a coup.
Today, Matthew Sussex, Russia expert at the Australian National University on Putin’s paranoia and whether Ukraine has cards to play in the conflict.
Featured:
Matthew Sussex, associate professor at the Centre for European Studies at the Australian National University
- Title
- UK PM vows to 'prove doubters wrong', defies calls to resign | ABC NEWS
- Runtime
- 2:59
- Date posted
- 1 month ago
- Description
- British Prime Minister Keir Starmer has continued to defy calls to resign and vowed to ‘prove doubters wrong’ in a defiant speech.
The UK Labour leader accepted responsibility for his party’s disastrous local election results but highlighted Reform UK leader Nigel Farage as a ‘dangerous’ threat.
Backbencher Catherine West has backed down from a leadership challenge, saying she is collecting names of Labour MPs for an ‘orderly’ transition of power.
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Read more here: https://www.abc.net.au/news/2026-05-10/uk-lawmaker-threatens-to-challenge-keir-starmer-/106662892
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- Title
- Will the US Supreme Court deal another blow to abortion access? | The World | ABC NEWS
- Runtime
- 7:34
- Date posted
- 2 months ago
- Description
- A US Supreme Court ruling that temporarily reinstated nationwide access to a widely used abortion pill is about to expire. On May 1st, a federal appeals court made a ruling that rolled back telemedicine access to mifepristone; a drug that could be prescribed by a doctor over the phone and sent through the mail. The Supreme Court later decided to restore access while litigation continues, leaving its future usage up in the air. Julie F. Kay, a human rights lawyer and CEO of Reproductive Futures tells The World what implications the case has on abortion access across the United States.
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- Title
- What now? Donald Trump rejects Iran's response to US peace proposal | The World | ABC NEWS
- Runtime
- 8:41
- Date posted
- 2 months ago
- Description
- Donald Trump's swift rejection of Iran's response to a US peace proposal has thrown the region and the world into more uncertainty. The UK and France are due to host dozens of defence ministers to discuss plans to restore trade flows through the Strait of Hormuz. But how will Iran respond? Behnam Ben Taleblu, senior director of the Iran program at the Foundation for Defense of Democracies tells The World what the next diplomatic and military steps look like.
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- Title
- Royal commission hears stories of doxing and antisemitic abuse online | ABC NEWS
- Runtime
- 2:06
- Date posted
- 2 months ago
- Description
- Jewish musicians have told the Royal Commission into Antisemitism and Social Cohesion their lives were upended after they were targeted in online leaks of personal information.
The inquiry also heard from a teenage boy who said students from his Perth public school directed antisemitic slurs at him while playing Minecraft.
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Read more here: https://www.abc.net.au/news/2026-05-11/bondi-antisemitism-royal-commission-minecraft-perth-school-slurs/106664456
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- Title
- What Australians want to see in the federal budget | ABC NEWS
- Runtime
- 1:07
- Date posted
- 2 months ago
- Description
- What could the government include in the federal budget that would make life easier for you?
ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
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- Title
- Queensland's DNA lab resumes testing of rape kits after justice delay | ABC NEWS
- Runtime
- 1:45
- Date posted
- 2 months ago
- Description
- Forensic Science Queensland has cleared a backlog of hundreds of rape kits that needed analysis after they were sent overseas for processing.
#ABCNewsQld by Jack McKay
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Read more here: https://www.abc.net.au/news/2026-05-11/queensland-dna-lab-testing-backlog-reduced/106664810
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- Title
- Australians last to disembark hantavirus-hit cruise ship MV Hondius | ABC NEWS
- Runtime
- 2:17
- Date posted
- 2 months ago
- Description
- A group of Australians who've been stranded on a Hantavirus-hit cruise ship are beginning their journey home.
None of them are believed to be showing symptoms of the virus ahead of their expected arrival in Western Australia, where they'll undergo several weeks of quarantine.
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Read more here: https://www.abc.net.au/news/2026-05-10/world-health-organization-cdc-hantavirus-mv-hondius-cruise-ship/106663154
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- Title
- How changes to CGT and negative gearing could change the way Australians invest | The Business
- Runtime
- 7:08
- Date posted
- 2 months ago
- Description
- Tuesday night's federal budget is shaping up to be more impactful for investors of equities than any other budget in recent years.
The proposed changes by Treasurer Jim Chalmers to capital gains tax are expected to apply to investors of all asset classes, not just those with interests in property.
UBS strategist Richard Schellbach joined The Business for a budget preview. He says if proposed changes to the capital gains tax discount - from a 50 per cent discount to one indexed to inflation - materialises, that will likely see a shift in investor behaviour and translate into a 'pivot away from growth equities and capital gainers towards income and dividend-paying equities'.
"For the last decade, if not two decades, property investments have overwhelmingly been the preferred source of investment for particularly retail investors through Australia ... Therefore, the levelling of the playing field through these proposed or possible tax changes make equities a more compet...
- Title
- Boy in critical condition after being trapped under train at North Melbourne station | ABC NEWS
- Runtime
- 1:58
- Date posted
- 2 months ago
- Description
- A year 7 student has been taken to hospital in a critical condition after he was trapped under a train in Melbourne for up to an hour.
Firefighters and paramedics were called to North Melbourne Railway Station around 4pm to rescue the boy.
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Read more here: https://www.abc.net.au/news/2026-05-11/north-melbourne-railway-station-boy-rescued-from-under-train/106667288
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- Title
- Housing set to be the centrepiece of 'most ambitious budget yet' | ABC NEWS
- Runtime
- 2:31
- Date posted
- 2 months ago
- Description
- 00:00 Jim Chalmers is preparing to hand down what he says will be his most ambitious budget yet, despite the economic shock caused by the conflict in the Middle East.
01:00 One Nation says while they're not open to forming a coalition with the Liberal and National parties, they would support them in a minority government.
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Read more here: https://www.abc.net.au/news/2026-05-10/gas-tax-revenue-up-in-federal-budget/106663036
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- Title
- How energy giant Shell shifts its profits out of Australia | The Business | ABC NEWS
- Runtime
- 6:29
- Date posted
- 2 months ago
- Description
- Amid renewed debate over whether Australia is getting enough tax from its gas exports, an investigation by the ABC shows how one LNG producer uses Singapore to help boost its profits. That company is Shell, the global oil and gas super major, which is the world's largest trader of the fuel. Over the eight years to 2024, Shell's LNG trading and marketing arm in Singapore made billions of dollars in profit. And it did so by buying LNG from producer countries such as Australia before on-selling the gas at a significant mark-up. Financial statements lodged by Shell and its subsidiaries in Australia, Singapore and the UK, where the company is ultimately headquartered, reveal the eye-watering sums of money involved in the trade. Corporate records show the Singapore branch of Shell Global LNG paid $US83 billion ($116b) for LNG between 2017 and 2024. The branch then sold that gas for $US105 billion — a mark-up of $US22 billion. About 85 per cent of that gas was sourced from other She...
- Title
- ‘Relief’ after alleged triple murder’s body believed found | ABC NEWS
- Runtime
- 1:40
- Date posted
- 2 months ago
- Description
- One of the nation's biggest manhunts ended after NSW police found a body believed to be the suspected gunman in the Lake Cargelligo murders. He fled in late January after allegedly killing three people, including his pregnant former partner.
Police said the discovery of the body would bring "closure" and "relief" to the town.
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Read more here: https://www.abc.net.au/news/2026-05-11/lake-cargelligo-body-found-julian-ingram/106296228
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- Title
- Conflict in Lebanon a sticking point as US-Iran negotiations stall | ABC NEWS
- Runtime
- 3:52
- Date posted
- 2 months ago
- Description
- President Donald Trump has labelled Iran's response to a US peace proposal as "totally unacceptable" as tense negotiations fuel anxieties across the Middle East.
Sustained Israeli strikes in Lebanon appear to be a sticking point based on reports from Iranian state media, with Prime Minister Benjamin Netanyahu firmly denying he would accept an end to Israel's conflict with Hezbollah.
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Read more here: https://www.abc.net.au/news/2026-05-11/iran-war-live-updates-peace-proposal-donald-trump/106663410
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- Title
- Oil soars after US-Iran stagnation, CSL tanks with $6.9b impairment | Finance Report | ABC NEWS
- Runtime
- 2:15
- Date posted
- 2 months ago
- Description
- Oil prices rose, and the sharemarket fell today after President Trump rejected Iran's response to a US peace proposal.
The ASX fell as CSL's share price dropped 16% after it said the value of its assets and profits would be down.
# ABCBusiness
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Read more here: https://www.abc.net.au/news/2026-05-11/asx-markets-business-news-live-updates/106663582
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