Taylor had this to say to Sky News earlier this morning of the proposal, which is meant to curb migration figures and therefore help address the housing shortage:<\/p>\n
double quotation markDishing out billions and billions of dollars to people in this country who are not citizens for welfare. That\u2019s not fair on hard-working Australian citizens, that\u2019s not fair on people who have committed to this country for many years.<\/p>\n
The simple principle is this: if you commit to this country, we\u2019ll commit to you. That\u2019s the Australia I grew up in, and it\u2019s the Australia I want to see again.<\/p>\n
He said the plan to exclude all but citizens encompasses 17 programs, including paid parental leave, which would save the budget \u201cmany, many billions\u201d.<\/p>\n
double quotation markAnd what I will say about this is that hard-working Australians out there now: I think many of them will be surprised to hear that non-citizens, as soon as they arrive here, can get access to family tax benefits.<\/p>\n
If you are not an Australian citizen, then you don\u2019t get the privileges of an Australian citizen. And I\u2019d encourage people who are committed to this country to become a citizen.<\/p>\n
Share<\/a><\/p>\n Updated at\u00a018.17 EDT<\/p>\n Key events<\/p>\n Show key events only<\/p>\n Please turn on JavaScript to use this feature<\/p>\n Taylor\u2019s budget reply speech to include dramatic cuts to number allowed into the country<\/p>\n The ppposition leader, Angus Taylor, will deliver his first budget reply speech on Thursday evening, unveiling a dramatic cut to the number of people allowed into the country, AAP reports.<\/p>\n Taylor in his speech will say Australia should only bring in as many people as it can house. A limit would be placed on net overseas migration, equivalent to the number of homes built in the previous year.<\/p>\n Tuesday\u2019s budget forecasts the figure at 295,000 for this financial year, dropping to 225,000 by 2027\/28.<\/p>\n That\u2019s well below the post-pandemic high of more than 550,000, when a flood of migrants re-entered the country as borders reopened, but still higher than pre-Covid levels.<\/p>\n Last financial year, about 175,000 new homes were built. If Taylor\u2019s policy were implemented, that would mean a cut to net migration of about 40% for this financial year.<\/p>\n Angus Taylor listens to Australian treasurer Jim Chalmers. Photograph: Lukas Coch\/AAPShare<\/a><\/p>\n Updated at\u00a019.08 EDT<\/p>\n Holding Jewish people responsible for Israel a \u2018building block\u2019 of racism, inquiry hears<\/p>\n There will always be \u201cedge cases\u201d, Dr Dave Rich has told the antisemitism royal commission, where there are good faith disagreements on whether something is antisemitic.<\/p>\n He talked about the controversial International Holocaust Remembrance Alliance (IHRA) definition<\/a> of antisemitism, which has been picked up by many groups, including in Australia and has been criticised for seeming to conflate criticism of Israel with antisemitism.<\/p>\n He said it\u2019s a \u201cpractical tool\u201d to identify antisemitism and people shouldn\u2019t get hung up on it as a \u201cdefinition\u201d.<\/p>\n Its imprecision is its strength, he said, and people on both sides misread and over-interpret it.<\/p>\n The \u201cfundamental building block of racism\u201d was the idea of collective guilt, he said:<\/p>\n double quotation markHolding Jews collectively responsible for the actions of the state of Israel is the justification provided by terrorists who murder Jews around the world, who attack Jews around the world while shouting abuse about Israel, about Gaza.<\/p>\n Share<\/a><\/p>\n Housing minister says first home buyers should be on better footing as soon as this weekend\u2019s auctions<\/p>\n Clare O\u2019Neil, the housing minister, said the recent budget is a \u201chousing budget\u201d meant to help first home buyers.<\/p>\n O\u2019Neil spoke to ABC News Breakfast, saying buyers hoping to the enter the property market should be on better footing nearly immediately. She said:<\/p>\n double quotation markI\u2019m not pretending anything is going to get fixed tomorrow or next weekend, but they will be a difference at auctions this weekend. These changes will mean that there will be just a bit fewer investors at every auction and that that younger person who is trying to get into their first home in a better position.<\/p>\n Clare O\u2019Neil. Photograph: Lukas Coch\/AAP<\/p>\n O\u2019Neil said, however, the changes to negative gearing and the capital gains tax discount were not about removing investors entirely and Australians should still be able to build wealth through the housing market:<\/p>\n double quotation markWe\u2019re not trying to remove investors from the Australian housing market.<\/p>\n We want people to get ahead, and if you are doing well and you are able to do well through investing and property, then good on you. We want you to succeed and build wealth for your family.<\/p>\n All we are saying is that we want to make sure that when people are making those investments that they are actually helping with the biggest national challenge we face on housing, and that is building new homes for the country.<\/p>\n Read more here:<\/p>\n Share<\/a>Taylor unveils plan to block welfare payments for noncitizens<\/p>\n Angus Taylor is outlining a new plan from the Coalition<\/a> to block many welfare payments for noncitizens, part of the opposition\u2019s rebuttal to the government\u2019s budget on Tuesday.<\/p>\n Taylor had this to say to Sky News earlier this morning of the proposal, which is meant to curb migration figures and therefore help address the housing shortage:<\/p>\n double quotation markDishing out billions and billions of dollars to people in this country who are not citizens for welfare. That\u2019s not fair on hard-working Australian citizens, that\u2019s not fair on people who have committed to this country for many years.<\/p>\n The simple principle is this: if you commit to this country, we\u2019ll commit to you. That\u2019s the Australia I grew up in, and it\u2019s the Australia I want to see again.<\/p>\n He said the plan to exclude all but citizens encompasses 17 programs, including paid parental leave, which would save the budget \u201cmany, many billions\u201d.<\/p>\n double quotation markAnd what I will say about this is that hard-working Australians out there now: I think many of them will be surprised to hear that non-citizens, as soon as they arrive here, can get access to family tax benefits.<\/p>\n If you are not an Australian citizen, then you don\u2019t get the privileges of an Australian citizen. And I\u2019d encourage people who are committed to this country to become a citizen.<\/p>\n Share<\/a><\/p>\n Updated at\u00a018.17 EDT<\/p>\n Royal commission investigates how to define antisemitism<\/p>\n The antisemitism royal commission is off to an early start this morning, crossing to Dr Dave Rich in London. He\u2019s the policy director at the Community Security Trust, a charity that aims to protect Jewish people from terrorism, and has written an expert report on antisemitism.<\/p>\n He described antisemitism as \u201cprejudice, discrimination, hostility or hatred towards Jewish people, Jewish organisations, Jewish institutions, or people perceived to be Jewish\u201d that can manifest in both violent and non-violent ways.<\/p>\n He said:<\/p>\n double quotation markBroadly speaking, it\u2019s built on a set of negative stereotypes, attitudes and tropes about Jews.<\/p>\n He also took the commissioner through the long history of antisemitism, where those tropes (he particularly mentions the trope of Jews as greedy and stingy moneylenders) developed. For a thousand years, up to a 1965 papal decree<\/a> that Jews were not permanently responsible for the death of Jesus Christ, Jews were frequently accused of being Christ killers, he said.<\/p>\n He also talked about the blood libel myth<\/a>, entirely false and \u201cbizarre\u201d accusations that Jewish people committed infanticide against Christian children that have continued since the Holocaust, and the \u201cridiculous\u201d, fraudulent and debunked Protocols of the Elders of Zion<\/a>.<\/p>\n A more recent trope, he said, was that Jews were modern-day Nazis, showing how antisemitism adapted after the Holocaust.<\/p>\n Governments must define antisemitism in order to develop policies against it, he said.<\/p>\n Share<\/a>Court to rule on ACCC case against Coles Australians who shop at Coles are about to find out whether the federal court agrees that the supermarket intended to deceive them with \u201cillusory\u201d and \u201cutterly misleading\u201d discounts on many everyday products.<\/p>\n The federal court justice Michael O\u2019Bryan will hand down his judgment this morning in the case the Australian Competition and Consumer Commission (ACCC) brought against Coles.<\/p>\n The ACCC accused Coles \u2013 and rival Woolworths \u2013 of temporarily hiking prices, then putting products on \u201csale\u201d on their respective promotional programs, at prices that were higher than their previous long-term shelf price.<\/p>\n The ACCC alleges the supermarkets misled shoppers by using their \u201cDown Down\u201d and \u201cPrices Dropped\u201d and promotions to deliberately disguise price increases on hundreds of products between 2021 and 2023.<\/p>\n The Coles case, heard in the federal court in Melbourne in February, focused on a sample of about a dozen products, including Rexona deodorant, Arnott\u2019s Shapes and 2L bottles of Coca-Cola.<\/p>\n During the trial, Coles conceded that by the time it raised the price of an item from the original to the \u201cwas\u201d price, the supermarket had already planned and agreed with the supplier on what the third \u201cDown Down\u201d price would be.<\/p>\n Legal counsel for the supermarket, however, argued that the promotional prices were genuine discounts offered to shoppers after an increase in wholesale costs charged by suppliers during a period of rising inflation.<\/p>\n O\u2019Bryan is expected to hand down his judgment at 9.30am. We\u2019ll bring you more updates then<\/p>\n The Coles supermarket in Alice Springs, Northern Territory,. Photograph: Blake Sharp-Wiggins\/The GuardianShare<\/a><\/p>\n Updated at\u00a017.41 EDT<\/p>\n Angus Taylor says Coalition<\/a> will \u2018fight like hell\u2019 to oppose budget tax changes<\/p>\n Angus Taylor, the opposition leader, said his rebuttal to the budget later tonight will be about putting Australians first, not about countering a surge in support for One Nation<\/a>.<\/p>\n Taylor is speaking to Channel Seven\u2019s Sunrise this morning, saying he plans to fight \u201cevery day\u201d until the budget legislation gets to the parliament to \u201cstop this from happening in the first place\u201d. He went on:<\/p>\n double quotation markWe\u2019ll be working with small businesses, with those who are trying to save a nest egg, because they\u2019re going to get punished under this, those trying to grow a business, for those who are trying to buy a home or get ahead owning a home.<\/p>\n We\u2019re going to be working with them to fight against this rotten legislation, a toxic set of taxes that are going to hurt aspirational Aussies and are an assault on aspiration.<\/p>\n He said the Coalition would \u201cabsolutely\u201d do what\u2019s necessary to repeal the changes to the capital gains tax discount if elected.<\/p>\n \u201cFrankly, we\u2019re going to fight like hell [against] this because this is an assault on aspiration,\u201d Taylor said.<\/p>\n Angus Taylor. Photograph: Mick Tsikas\/AAPShare<\/a><\/p>\n Good morning, Nick Visser here to pick up the blog. Let\u2019s get to it.<\/p>\n Share<\/a> PM expects productivity gains from CGT reforms<\/p>\n Albanese also said he expected productivity gains from the capital gains tax changes, arguing the current system \u201cdistorted the market towards housing away from equities\u201d.<\/p>\n Investment won\u2019t be distorted by the way the tax system operates, he said.<\/p>\n He said some of the negative reaction from the investor community has not been \u201cbased upon the policy\u201d and he committed to consulting on the change.<\/p>\n Share<\/a><\/p>\n Updated at\u00a017.05 EDT<\/p>\n PM denies housing and investment changes linked to new gen Z voters The prime minister, Anthony Albanese, has said that the additional 700,000 gen Z voters being added to the electoral roll by the time of the next federal election were not a factor in deciding on the negative gearing and capital gains tax changes in Tuesday\u2019s federal budget.<\/p>\n Asked by Sarah Ferguson on ABC\u2019s 7.30 about the additional voters, Albanese said he only considered the merits of the policy change.<\/p>\n He said:<\/p>\n double quotation markIf you concentrate on good policy, the politics will look after itself.<\/p>\n What we\u2019re concentrating on here is good policy in the interest of young Australians, but also in the interest of that social cohesion. In the national interest as well.<\/p>\n He said the government could not \u201csit back and continue to watch\u201d income from labour treated differently to income from assets.<\/p>\n On deciding to grandfather existing negative gearing arrangements, Albanese was asked how he would explain to a young person that the negative gearing advantages are \u201clocked in\u201d for older generations now.<\/p>\n Albanese said negative gearing is still available for new builds, and the average time negative gearing operates is a little over five years because people either dispose of the property or it becomes positively geared.<\/p>\n He said the government is also making sure \u201cwe don\u2019t change the basis of people who have gone into investing in a property, on the basis of arrangements that were made available to them\u201d.<\/p>\n![\"Tory](\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/05\/1778713809_231_Tory_Shepherd.png\")
Tory Shepherd<\/p>\nTory Shepherd<\/p>\n![\"Catie](\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/05\/1778713809_276_Caite_McLeod.png\")
Catie McLeod<\/p>\n![\"Josh](\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/05\/1778713810_310_Josh_Taylor.png\")
Josh Taylor<\/p>\nJosh Taylor<\/p>\n