Politics

Labor Party Divided on Capital Gains Tax

Updated 2026-05-27 02:05 UTC 2 sources Neutral

Former Prime Minister Paul Keating urged the Labor party to maintain its capital gains tax overhaul, arguing that any exemptions would harm the economy. The debate centers around potential economic impacts and internal party dynamics.

Coverage timeline — 2 articles

The Guardian

Paul Keating urges Labor to stick with capital gains tax overhaul and avoid exemptions that would hurt economy

Exclusive: former PM says the changes to tax rates are ‘so marginal that no entrepreneurial initiative is likely to be thwarted’Paul Kea

2026-05-27 01:40 UTC

Axios

Biden files lawsuit in bid to block DOJ audio interview release

Former President Biden is suing the Department of Justice in an attempt to block the release of audio recordings and transcripts of private conversations with ‌his biographer in 2016 and 2017.Why it matte

2026-05-27 01:55 UTC