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How Australians are set to get a $2800 cash boost thanks to Anthony Albanese's budget: What is in it for you

How Australians are set to get a $2800 cash boost thanks to Anthony Albanese's budget: What is in it for youThe Federal Budget has been announcedThere are four major cost of living measures By CAITLIN POWELL - NEWS REPORTER Published: 10:47, 12 May 2026 | Updated: 10:47, 12 May 2026 e-mail View comments

DWP fining 20 groups of Universal Credit claimants £50

The Department for Work and Pensions (DWP) has confirmed there are 20 changes people must report

Anthony Albanese swings the axe on property investors and shareholders in his 'great reset' budget: All the winners and losers of his landmark reforms that will change Australia forever

Anthony Albanese swings the axe on property investors and shareholders in his ‘great reset’ budget: All the winners and losers of his landmark reforms that will change Australia foreverNegative gearing has been wound back Capital gains discounts have been slashedBy CHARLOTTE KARP, SENIOR NEWS REPORTER Published: 10:42, 12 May 2026 | Updated: 10:42, 12 May 2026 e-mail View comments

Mystery EuroMillions winner could miss out on life-changing prize as crucial deadline looms

A EuroMillions ticket holder is at risk of losing out on a substantial prize of £112,091, with fewer than 30 days remaining to come forward.The winning ticket was bought in Powys for the draw held on December 12, 2025.The deadline to collect the winnings falls on June 10, 2026.Allwyn, which operates the National Lottery, has issued an urgent plea for players to rummage through their belongings and verify any tickets they may have purchased. TRENDING Stories Videos Your Say The fortunate tic...

Huge cuts to national disability insurance scheme aim to save more than $36bn in budget’s largest single measure

NDIS changes foreshadowed by health minister Mark Butler will drastically reduce access to the scheme, with nearly 700 staff positions to go at NDIAFederal budget 2026 LIVE updates: Australia government budget announcement and speech – latest newsExplore all of our 2026 Australia federal budget coverageGet our breaking news email, free app or daily news podcastThe government expects to recoup $36.2bn by curbing the national disability insurance scheme’s growth over the next four years as it look...

Budget 2026 Australia: Jim Chalmers announces capital gains tax and negative gearing reform for housing

Labor’s ambitious and politically risky tax reform aims to help first home buyers and foster intergenerational fairnessFederal budget 2026 LIVE updates: Australia government budget announcement and speech – latest newsExplore all of our 2026 Australia federal budget coverageGet our breaking news email, free app or daily news podcastJim Chalmers has announced the most ambitious and politically risky tax changes since the Howard era as part of a federal budget that defies the looming economic thre...

Oil prices could fall sharply if energy crisis drags on — Novak

"According to various international agencies, the conflict will cause a decline in global GDP growth rates by 0.3-0.5 percentage points in 2026-2027, possibly even more, depending on its duration," the Russian deputy prime minister said

Bond Market’s Warsh Trade Falls Apart as Oil Fans Inflation Risk

Not long ago, the Treasury market thought it had the Kevin Warsh trade figured out: Simply bet on the multiple interest rate cuts that the nominee had been expected to deliver if he got the job to lead the Federal Reserve.

Dubai Land Department launches second phase of Emirati real estate incubator programme

Dubai: Dubai Land Department has launched the second phase of its Emirati Real Estate Business Incubator Programme, aiming to attract 25 additional UAE nationals seeking to establish locally owned real estate brokerage firms.Get updated faster and for FREE: Download the Gulf News app now - simply click here.The programme follows the completion of its first phase, which the department said drew strong interest from Emiratis looking to enter Dubai’s property sector and build brokerage businesses....

Priya Kapur usurping family trust: Sunjay Kapur's mother seeks relief in estate row

Priya Kapur usurping family trust Sunjay Kapurs mother seeks relief in estate row

सस्ते तेल की ताक में थीं चीन की रिफाइनरियां! नहीं माना सऊदी तो उठाया ये कदम

West needs Central Asia’s rare earths to militarize economy — Russian Foreign Ministry

Director of the Third CIS Department of the Russian Foreign Ministry Alexander Sternik noted that rare earth metals are used in advanced weapons and military equipment, laser systems and navigation systems

Tax cuts and cost of living help proposed by Labour-linked groups allied to Streeting and Burnham

With Starmer under growing pressure to resign, Growth and Tribune groups put forward ideas for policy revampsUK politics live – latest updatesGroups connected to the health secretary, Wes Streeting, and the Greater Manchester mayor, Andy Burnham, have proposed large changes to government policy, giving a sense of how the country may change should either one succeed Keir Starmer.The Growth Group, allied to Streeting, and the Tribune group of Labour MPs, allied to Burnham, have published competing...

The clipping economy: How short-form video 'clippers' are overrunning the internet

Technology The clipping economy: How short-form video 'clippers' are overrunning the internet May 12, 20265:00 AM ET Heard on Morning Edition Bobby Allyn The clipping economy: How short-form video 'clippers' are overrunning the internet Audio will be available later today.

Inflation expected to jump to a 3-year high as Iran war continues to fuel rising prices

Iran warInflation expected to jump to a 3-year high as Iran war continues to fuel rising pricesEconomists predict the Consumer Price Index will have risen to 3.8% in April, up another 0.6% from March.Listen to this article with a free account00:0000:00Inflation jumped 0.9% from February to March, the largest month-to-month jump since 2022.Michael M. Santiago / Getty ImagesShareAdd NBC News to GoogleMay 12, 2026, 5:00 AM EDTBy Steve KopackThe Consumer Price Index is widely expected to show inflat...

Gold recycling after Modi's appeal: Jewellery industry says it's smarter

India's jewellery industry urges against curbing gold purchases, emphasizing its cultural significance as savings and tradition. Instead, they propose enhanced gold recycling and domestic mobilization to ease foreign exchange pressure. This approach aims to protect millions of livelihoods tied to the sector, from artisans to small businesses, by circulating existing gold rather than stifling demand.

After quitting Rs 30 lakh job, techie poses as broker, swindles Rs 100 crore

After quitting Rs lakh job techie poses as broker swindles Rs crore

From buying less gold to cashing it: How industry plans to cut India’s import bill

Facing a widening trade deficit, India's Prime Minister urges reduced gold purchases. Industry bodies propose tapping into the nation's vast household gold reserves. Their plan involves using refined household gold for domestic demand and channeling imported gold into jewellery exports via gold metal loans, aiming to boost working capital and cut imports.

Lloyds Bank launches £5,000 deposit mortgage for first-time buyers

Lloyds is launching a new mortgage that requires just a £5,000 deposit, in a bid to help first‑time buyers who can afford monthly payments but cannot save the large lump sums typically needed to get on the property ladder.The product, available from May 18 through Lloyds, Halifax and UK mortgage brokers, is aimed at renters already paying mortgage‑sized monthly costs but who lack family support or access to gifted deposits.Lloyds said it is designed for buyers who have shown strong money managem...