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Budget 2026: Founders and VCs react to capital gains overhaul

The Federal Government has handed down a 2026/27 Budget defined by the most significant rewrite of Australia’s capital gains and property tax rules in a generation.

  • By Samuel Hussey
  • Head of News & Life

From tax breaks to a CGT shakeup: Inside the 2026 Federal Budget

Treasurer Jim Chalmers handed down his fifth budget on Tuesday night promising to tackle the housing crisis and rebalance a tax system he says has left younger Australians behind. Here’s what you need to know.

  • By Edward Cavanough - Contributor

California mayor charged with acting as illegal agent for China

Federal prosecutors expect Wang to plead guilty to charges of acting as an agent for China when she operated a Chinese community news website.

  • By Zachary Folk

Texas sues Netflix for allegedly ‘spying’ on customers

Texas Attorney General Ken Paxton claimed the streaming service’s data collection and targeted ads amounted to “spying” on customers.

  • By Zachary Folk

Asides

Watch: Ryan Reynolds takes on SailGP with Australia’s Flying Roos

Reynolds steered his team’s fully foiling F50 racing trimaran that clocked speeds over 55 miles per hour (90 km/h) prior to the official racing on Bermuda’s Great Sound.

  • By Bill Springer, Senior Contributor

How big could the hantavirus outbreak get?

Experts say spread of the hantavirus should be “limited”—despite two more suspected cases discovered Friday.

  • By Mary Whitfill Roeloffs

Alleged Jeffrey Epstein suicide note released by federal judge

The document had been sealed for years and was allegedly found by Epstein’s former cellmate in a graphic novel.

  • By Antonio Pequeño IV

Hantavirus-infected cruise ship will dock in Canary Islands—international passengers sent home

Swiss authorities confirmed the third Hantavirus case linked to the Hondius cruise ship outbreak—a man who sailed onboard in April—as the vessel is set to sail to the Canary Islands.

  • By Siladitya Ray
  • Forbes Staff
What is Hantavirus?

About 150 stranded on cruise ship after suspected Hantavirus outbreak

The Dutch-flagged cruise ship is now sitting off the coast of the West African island nation of Cape Verde, while the situation is being monitored by the World Health Organization.

  • By Siladitya Ray
  • Forbes Staff

Spirit Airlines shuts down after White House bail out falls through

Several airlines have announced “rescue fares” for Spirit airlines customers with booked trips.

  • By Mary Whitfill Roeloffs
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