Bracket creep no longer main problem as jobless rate soars
Mark Kenny 12:41 AM The Coalition seems to have lost its enthusiasm for returning bracket creep, less than a day after Treasurer Scott Morrison dashed hopes of significant pre-election tax cuts in its May 10 federal budget.
Latest political news
Bishop treads fine line on China photos
![BEIJING, CHINA - FEBRUARY 17: Australian Foreign Minister Julie Bishop speaks during a joint news conference with ...](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/g/m/w/y/6/k/image.related.thumbnail.90x60.gmxxr0.119ydf.png/1455786815824.jpg)
Philip Wen in Beijing and David Wroe 7:08 PM Foreign Minister Julie Bishop maintains reports of China deploying surface-to-air missiles in the South China Sea remained in dispute, despite official confirmation.
Jones supports ex-Wallaby over Bishop
![Radio host Alan Jones is a former supporter of Bronwyn Bishop.](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/g/m/v/2/c/j/image.related.thumbnail.90x60.gmxtac.119ydf.png/1455804088036.jpg)
Heath Aston 1:01 AM Alan Jones has delivered a blow to Bronwyn Bishop's hopes of holding on to her safe Liberal seat by throwing his support behind a former Wallaby.
PM steps in over Lib pre-selection fight
![Member for Hume Angus Taylor.](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/1/2/f/q/h/g/image.related.thumbnail.90x60.gmx8ry.119ydf.png/1455786750995.jpg)
James Massola, Sean Nicholls
8:12 PM
Prime Minister Malcolm Turnbull has stepped in to protect two of his sitting NSW MPs in the days before preselection nominations close on Friday.
Psychiatrist likens detention to Nazis, gulags
![Asylum seekers at Manus Island detention centre.](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/g/m/j/1/g/d/image.related.thumbnail.90x60.gmv833.119ydf.png/1455784944376.jpg)
Nicole Hasham 12:56 PM "Public numbing and indifference" towards state abuses in Nazi Germany resembles that enabling Australia's immigration detention centres, a prominent psychiatrist says.
Turnbull's new ministers are sworn-in
![Deputy Prime Minister Barnaby Joyce](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/g/m/x/4/z/a/image.related.thumbnail.90x60.gmx9i8.119ydf.png/1455784944376.jpg)
Matthew Knott 12:56 PM We've had the proposal, clinked glasses at the engagement party and now it's official: Barnaby and Malcolm are as one.
367 years of parliamentary experience lost
![Liberal MPs Bruce Billson and Philip Ruddock are both quitting politics.](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/g/l/6/g/b/q/image.related.thumbnail.90x60.gmwfwa.119ydf.png/1455784944376.jpg)
Fergus Hunter 1:50 PM Almost 400 years of experience will walk out the doors of Parliament House by the 2016 election as preselection season sees the resignation and retirement list grow.
'Make pensioners rely on home equity'
![Peter Harris, the Productivity Commission chairman, says Australia is ill-prepared for the coming flood of relatively ...](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/g/k/g/7/h/d/image.related.thumbnail.90x60.gmwrnk.119ydf.png/1455784944376.jpg)
Peter Martin Retirees with substantial wealth tied up in their homes might soon face face the prospect of losing their pension, the head of the Productivity Commission says.
Economy faces hazards unlike any in 20 years
![Australia is about 70 per cent of the way through its fall from the peak of the mining construction boom, according to ...](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/g/m/h/j/h/w/image.related.thumbnail.90x60.gmwf6i.119ydf.png/1455784944376.jpg)
Gareth Hutchens The Australian economy is facing hazards unlike any seen in more than 20 years, and is starting from a position of income weakness, according to a frank new report.
Morrison aims low in first pre-election budget
![Treasurer Scott Morrison.](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/g/m/w/9/z/l/image.related.thumbnail.90x60.gmwea0.119ydf.png/1455784944376.jpg)
Mark Kenny Treasurer Scott Morrison has all but ditched the Coalition's commitment to fast deficit repair, signalling a mild budget in which spending cuts to balance the budget are ou.
Negative gearing losses biggest in ACT, WA
![Treasurer Scott Morrison addressed the National Press Club in Canberra on Wednesday 17 February 2016. Photo: Andrew Meares](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/g/m/w/a/3/0/image.related.thumbnail.90x60.gmwlt4.119ydf.png/1455784944376.jpg)
Peter Martin The Australian Capital Territory is the nation's biggest loser according to a new analysis of tax statistics, with Western Australia a close second.
Comment & Analysis
Morrison and art of the economic sales pitch
![Treasurer Scott Morrison addresses the National Press Club in Canberra.](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/g/m/w/e/a/p/image.related.thumbnail.90x60.gmwfcs.11d82q.png/1455769979180.jpg)
Stephanie Peatling Treasurer Scott Morrison is known for his love of a three word slogan. But more was expected from him today at his first address to the National Press Club since becoming Treasurer.
More than one way to kill negative gearing
![Peter Martin dinkus](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/z/q/y/b/x/image.related.thumbnail.90x60.gmvict.11d82q.png/1455767208524.jpg)
Peter Martin 9:42 AM The big problem is the capital gains tax concession.
Why Bishop deserves to stay on as an MP
![Former speaker Bronwyn Bishop has paid a big price for her error of judgment.](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/g/m/c/8/d/w/image.related.thumbnail.90x60.gmv5ds.11d82q.png/1455700818282.jpg)
Jeremy Mitchell Of all the MPs past and present over the past 20 years, I would argue that Bronwyn has been among the hardest working, dedicated and energetic MPs the Parliament has seen.
Syrian refugees just want a fresh start
![<p>](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/g/m/v/p/d/x/image.related.thumbnail.90x60.gmuyto.11d82q.png/1455700818282.jpg)
Innes Willox Driven from their homeland by violence, these people need our help to build new lives.
Why we shouldn't scrap negative gearing
![Apartments](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/1/2/o/c/j/2/image.related.thumbnail.90x60.gmu87z.11d82q.png/1455700818282.jpg)
Sam Crosby The $2.4 billion a year currently spent on negative gearing is an unjustifiable use of precious taxpayer money in today's climate.
Bronwyn and the invasion of the Westies
![Alan Stokes.](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/3/8/v/3/6/image.related.thumbnail.90x60.gmuyij.11d82q.png/1455700818282.jpg)
Alan Stokes Vote me! I promise to introduce dedicated four-wheel-drive lanes on all major thoroughfares in Mackellar – and no speed limits for BMWs or Audis!
Negative gearers aren't poor, Mr Morrison
![Treasurer Scott Morrison is not telling the full story when he says that two-thirds of negative gearers have a taxable ...](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/g/m/o/o/j/u/image.related.thumbnail.90x60.gmulf6.11d82q.png/1455739369245.jpg)
Peter Martin It's the myth that keeps going round, in part because it contains an element of truth.
Sweeping done, Mal? Not quite. Love, Ian
![Former cabinet minister Ian Macfarlane is leaving politics following his failed bid to defect to the Nationals.](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/g/m/u/9/x/o/image.related.thumbnail.90x60.gmuljr.11d82q.png/1455700818282.jpg)
Tony Wright Malcolm Turnbull seems unlikely to have had Ian Macfarlane in mind when he declared, at the very beginning of his prime ministership, "there has never been a more exciting time to be alive".
Labor's tax policy is courageous
![Labor proposes reducing capital gains discounts and limiting negative gearing.](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/g/m/u/3/v/n/image.related.thumbnail.90x60.gmu3r9.11d82q.png/1455700818282.jpg)
John Daley and Danielle Wood Tax reform is politically difficult, so the opposition should be applauded for giving it a go.
New cold war would have different frontrunner
![Peter Hartcher dinkus](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/1/m/p/b/c/9/image.related.thumbnail.90x60.gmuo33.11d82q.png/1455700818282.jpg)
Peter Hartcher Russia's prime minister, Dmitry Medvedev, reportedly said at the weekend that the world was "sliding into a new cold war". Can that possibly be true? And, if so, who's winning?
Announcement that starts your rapid decline
![Peter Reith](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/3/1/i/z/1/image.related.thumbnail.90x60.gmue15.11d82q.png/1455706045228.jpg)
Peter Reith Once you have the scent of politics, it is hard to get it out of your system. The longer you have been in politics the greater the shock when you announce that you are leaving politics. Literally, from that moment, your political life slowly drains away from you.
Can Turnbull pull off the soft-shoe shuffle?
![The new firm: Prime Minister Malcolm Turnbull and Deputy Prime Minister Barnaby Joyce.](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/g/m/r/6/b/2/image.related.thumbnail.90x60.gmtm1v.11d82q.png/1455700818282.jpg)
Amanda Vanstone What some wanted to see as a crisis, the PM typically saw as an opportunity.
Turnbull needs to act after wilted rose
![Prime Minister Malcolm Turnbull faces a challenge to retain the public's interest and affection.](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/g/m/r/g/6/9/image.related.thumbnail.90x60.gmtx12.11d82q.png/1455700818282.jpg)
Peter Hartcher The Australian people have sent Malcolm Turnbull a rumpled Valentine, a wilted rose.
Fading euphoria a warning for team Turnbull
![Prime Minister Malcolm Turnbull will be hoping this cabinet performs better than his first.](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/g/m/t/b/g/8/image.related.thumbnail.90x60.gmtsrq.11d82q.png/1455700818282.jpg)
Michael Gordon The lingering sense of joy, hope and relief that Malcolm Turnbull is Prime Minister is giving way to something decidedly less romantic.
Learning the language
![Prime Minister Malcolm Turnbull hugs Matilda House after her welcome-to-country address at the Closing the Gap breakfast ...](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/g/m/p/y/e/o/image.related.thumbnail.90x60.gmsanf.11d82q.png/1455700818282.jpg)
Michael Gordon Prime Minister Malcolm Turnbull's efforts to "close the gap" have begun with some highly symbolic words.
Class clown Barnaby Joyce has centre stage
![Peter Hartcher dinkus](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/1/m/p/b/c/9/image.related.thumbnail.90x60.gmsujp.11d82q.png/1455700818282.jpg)
Peter Hartcher Barnaby Joyce's capacity for populist revolt made him famous and effective. But the new Nationals leader will have to control his bluster if he is to be taken seriously in Canberra and the rest of the country.
The dangers exposed by the sacking of Robert
![Stuart Robert left PM Malcolm Turnbull no option but to sack him.](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/g/m/r/f/i/t/image.related.thumbnail.90x60.gmsv0c.11d82q.png/1455700818282.jpg)
Michael Gordon Malcolm Turnbull had no choice but to sack Stuart Robert for breaching ministerial standards, even though the advice from his department head suggested grounds for leniency.
CSIRO chief points ship into a scientific storm
![Nothing to see here: CSIRO plans to slash climate monitoring and modelling research.](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/g/i/j/9/b/x/image.related.thumbnail.90x60.gmrfrt.11d82q.png/1455700818282.jpg)
Peter Hannam Scientists are calling for CSIRO chief executive Larry Marshall to change his mind and not slash key climate researchers by half.
Off duty in China? Tell him he's dreaming
![Judith Ireland dinkus](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/z/q/o/3/t/image.related.thumbnail.90x60.gmq2y4.11d82q.png/1455700818282.jpg)
Judith Ireland The first sign the government was not going to get the week it wanted came on Monday morning.
Turnbull struggles to embrace change
![Mark kenny](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/g/g/y/f/y/k/image.related.thumbnail.90x60.gmrdii.11d82q.png/1455700818282.jpg)
Mark Kenny The PM's backdown on the GST at the first whiff of grapeshot has punctured overblown expectations.
No political stunt, it was a moment of clarity
![Life on Nauru offers little hope for children.](/web/20160218181054im_/http://www.smh.com.au/content/dam/images/g/m/n/x/n/w/image.related.thumbnail.90x60.gmrbbv.11d82q.png/1455700818282.jpg)
Dan Andrews Remove politics from kids being returned to Nauru and the answer becomes clear.