Samantha Maiden

Treasurer Jim Chalmers is being urged to “bite the bullet” and tackle tax breaks for landlords amid a wild warning there won’t be any grandchildren left in Sydney.

EXCLUSIVE

It’s the huge cost of buying a home in Sydney that’s sending families fleeing Australia’s largest city and as interest rates tumble, it’s a problem that’s about to become even worse.

Treasurer Jim Chalmers has emerged from his three-day economic roundtable with “10 clear areas” for reform and consensus on a new regime of road user charges to replace petrol excise.

Australian workers will be able to buy a house with a deposit of just five per cent from October 1 after the federal government fast-tracked a new home ownership scheme.

Struggling first home owners rushing to enter the market under the Prime Minister’s expanded low deposit scheme are set to drive up the prices by as much as $90,000 next year.

As Anthony Albanese floats languidly somewhere in the Pacific Ocean on his mystery tropical holiday with Jodie Haydon, it turns out he does have a streak of evil comedic genius.

As Anthony Albanese floats languidly somewhere in the Pacific Ocean on his mystery tropical holiday with Jodie Haydon, it turns out he does have a streak of evil comedic genius.

Teenagers, casuals and single parents who work part-time at retailers including Coles and Bunnings could secure an automatic bonus of up to $810 under proposed superannuation tax reforms.

Anthony Albanese’s 5 per cent deposit scheme is being blamed for contributing to an eye-watering $35,000 increase in the cost of a family home.