The levy on bank liabilities announced in last night's federal budget is met with fury from the finance sector, with the chairman of the Westpac-owned Bank of Melbourne describing it as nothing but a tax grab. Follow live.
Almost all Australians will pay more tax in a surprise budget hit, while thousands of Centrelink clients will be drug tested and the big banks will cop a $6 billion blow.
From housing affordability to Medicare and drug-testing for welfare recipients, we've dug through the budget papers and found all the important bits so you don't have to.
You can tell a lot about a budget by looking at who it punishes. This one basically targets anyone who's ever appeared on A Current Affair accompanied by a low, menacing soundtrack, writes Annabel Crabb.
For the 200,000 Australians who have been priced out of private rentals and are on impossibly long waiting lists for subsidised housing, the federal budget has presented a small glimmer of hope that the current system will change.
Scott Morrison has seen the future. It's a future where the Government will drive economic growth, austerity has been replaced by spending and taxpayers will help foot the bill, writes Ian Verrender.
Scott Morrison's budget takes a scattergun approach to tackling the problem of housing affordability, and lacks a silver bullet to finally lay the problem to rest, writes Michael Janda.
Ancient red rocks in the Western Australia's Pilbara contain traces of a hot spring that hosted the earliest-known life on land 3.5 billion years ago, supporting the idea life emerged on land rather than around deep sea vents, scientists say.
Liberal politician Moon Jae-in decisively wins South Korea's presidential election, in an expected victory that ends nearly a decade of conservative rule and may bring a more conciliatory approach toward North Korea.
A Swiss court upholds a 12-month suspended sentence for a man convicted of deliberately removing his condom during sex with an unconsenting partner, a practice known as "stealthing".
At least 14 people have been killed — including 11 children — and scores more injured in a powerful explosion at a house where fireworks were stored in central Mexico.
The British cyclist and three-time Tour de France winner escapes unhurt while having his bike destroyed in a hit-and-run incident during a training ride in France.
Four teens who were teargassed while in youth detention appeal the findings of their civil suit against the NT Government after it was revealed the then-superintendent may not have had the power to recommend the gassing.
It's no surprise Ahok, once a symbol of Indonesian tolerance and diversity, has been jailed — authorities know the nation's history of ugly protests too well to defy the mob on the street, writes Adam Harvey.
A small bomb explodes outside a busy shopping centre in Pattani, in southern Thailand, causing people to gather before a car bomb is detonated, injuring at least 60 people.
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