Budget detonates housing tax shake-up: negative gearing, CGT and trusts in the firing line Labor’s 2026 budget proposes winding back investor tax concessions—limiting negative gearing and the capital gains discount and tightening trust arrangements—while redirecting benefits to wage earners via a new offset and housing affordability measures. It sets up a defining political fight over “broken promises” versus intergenerational fairness, with the Coalition and investor groups expected to campaign hard against it. Covered by: The Age, Sydney Morning Herald, The West Australian, Herald Sun, Daily Telegraph, Sydney Morning Herald. “$77bn tax grab” vs “fairness reset”: the budget’s battle lines harden Conservative and tabloid front pages frame the budget as a sweeping tax hike and a betrayal of earlier assurances, while others argue it’s a necessary rebalancing away from wealth and toward work. The rhetoric matters because it will shape public consent for reform and

The Mumbai Press Club has opened a month-long photo exhibition titled “The Eye That Never Closes” in memory of veteran photojournalist Rajanish Kakade, who passed away in February this year. Inaugurated on May 8 by Uddhav Thackeray, chief of Shiv Sena (UBT), with Sanjay Raut also in attendance, the exhibition pays tribute to Kakade’s contributions to photojournalism and his long association with the press club as an office bearer. “Photography is an art and Rajanish was a master of it. His work will continue to inspire generations of people interested in photography,” said Samar Khadas, President, Mumbai Press Club, recalling Kakade’s immense contribution to visual journalism. He added that the exhibition is a homage to their friend and colleague, thanking the Associated Press for supporting the initiative and helping showcase Kakade’s work. As a senior photojournalist with the Associated Press since 2008, Kakade documented India’s politics, culture, and the every

Tuesday, 12 May 2026 #1  ·  Times City  ·  Investigative Pin-Drop Silence: Location Mapping Poses A Problem By Staff Reporter   ·   The Times of India  ·  Page Unknown The story investigates the self-enumeration process for location mapping in Delhi, revealing that officials can only mark nearby areas rather than precise addresses, creating systemic gaps in civic data accuracy. It examines the North East District's progress in completed entries and highlights structural problems with how household-level data is being captured. The report draws on official statements and on-ground observations to frame the consequences for policy and service delivery. The story goes beyond a routine civic update to expose a methodological flaw in official data-collection that has downstream consequences for urban governance, anchoring abstract bureaucratic dysfunction in concrete field-level evidence. #2  · 

Marking nearly 25 years of grassroots journalism, ten women reporters from Khabar Lahariya have released their collective memoir, The Good Reporter: A Memoir of Journalism in the 21st Century, published by Simon & Schuster and translated into Hindi as Badi Aayi Patrakar. The book was launched in Delhi on May 8. The memoir captures the personal and professional journeys of women journalists working in rural India, reflecting on the challenges they face within the media industry and society. Speaking to Influencing, Kavita Bundelkhandi, co-founder and editor-in-chief of Khabar Lahariya, said the book reveals the realities behind their reporting.  “To date, people have only read or seen stories that have been written by the incredible reporters of Khabar Lahariya. But no one knows the hardships we face in the field of journalism,” she said. Bundelkhandi noted that the memoir is not limited to struggles.  “The book is a mix of emotions and challenges that we have face

Budget tax overhaul sparks backlash as bracket creep and CGT loom Multiple papers lead with warnings that the government’s coming budget “tax reform” agenda could be quickly swallowed by bracket creep, while bigger structural changes—particularly to capital gains and negative gearing—are back on the table. The significance is twofold: households face immediate cost-of-living pressure, and the politics of selling tax increases is becoming harder as Labor defends broken promises and tests its mandate on housing and investment concessions. Covered by: The Australian, Australian Financial Review, Courier Mail, The West Australian, The Australian. Debt and deficits dominate: $1.5 trillion warning collides with “no surplus” reality Front pages sharpen the fiscal stakes ahead of budget night, with economists warning gross debt could surge towards $1.5 trillion by decade’s end as interest costs bite. The message across outlets is that even w

Proving that Artificial Intelligence is now firmly a mainstream topic, Crikey Associate Editor and tech correspondent Cam Wilson has been hired by the ABC as National AI reporter. Wilson has spent the last five years at Crikey where he has made a name for himself, breaking unique public interest stories and he picked up the Best Consumer Technology Journalist Award at this year's Samsung Australian IT Journalism Awards. Starting his role yesterday, Wilson described his new AI beat role as a "completely new position and, as far as I know, the only reporting role in Australia solely dedicated to the topic". "What a beat it is! AI is one of the biggest stories in the world right now," Wilson wrote on LinkedIn. "There's an eye-watering amount of money, influence and hype involved which makes it ripe for critical, nuanced and innovative reporting." While unique to Australia, AI is increasingly becoming a specialist beat. Bloomberg led the way in mid-2023, establishing a specialist A