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Australia News LIVE: RBA Governor Says Raising Rates Was the Right Thing to Do; Starmer Apologises to Epstein Victims over Mandelson Scandal

The 50% capital gains tax concession could cost nearly $250 billion over the next decade, benefiting mostly high-income earners, prompting government consideration of changes.

Summary by Sydney Morning Herald
Follow along as we bring you the latest live news updates from Australia and beyond.

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Sydney Morning HeraldSydney Morning Herald
+3 Reposted by 3 other sources
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Australia news as it happened: RBA governor says raising rates was the right thing to do; Starmer apologises to Epstein victims over Mandelson scandal

Follow along as we bring you the latest live news updates from Australia and beyond.

·Sydney, Australia
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ABC AustraliaABC Australia
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How capital gains tax changes could impact you

According to a well-sourced leak, changes to capital gains tax discounts could form the centrepiece of the next federal budget in May. And while the government has downplayed the idea, it has not been ruled out.

·Australia
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ABC Australia broke the news in Australia on Thursday, February 5, 2026.
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