Category Archives: Tax

Opposition leader calls for university’s leaders to quit – as it happened

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The foreign affairs minister, Penny Wong, has joined an international push “to hold the Taliban to account” under the Convention on the Elimination of All Forms of Discrimination Against Women.

Wong says:

We know the women and girls of Afghanistan are effectively being erased from public life by the various edicts the Taliban … have issued.

The steps we are taking with Germany, Canada and the Netherlands are unprecedented. We are intending to use the Convention on the Elimination of All Forms of Discrimination Against Women, to which Afghanistan is a party, to take action.

If I can … say again to the Australian Lebanese community. This is a deeply distressing situation for so many of you. I know that there are many Australians in Lebanon. There are many Australians who have relatives, family and friends in Lebanon. I again urge Australians in Lebanon to leave now. There are flight cancelations and disruptions, and there is a risk that Beirut airport may close for an extended period of time.

Please do not wait for a preferred route. Please take the first option you can to leave. We continue to monitor the situation closely. We have been working with partners on contingency plans now for many months but I again say to anyone who any Australian who is in Lebanon: please leave now.

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Several Labor MPs ‘open’ to reforms to negative gearing to address housing crisis

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Some politicians welcome a fresh and bold response to address affordability, while others wary of resurrecting a debate lost at the 2019 election

Some Labor MPs say the government shouldn’t be afraid of considering reforms to negative gearing, with several caucus members saying they were “open” to fresh and bolder responses to the housing crisis.

But others are wary of reopening a debate lost at the 2019 election, calling for caution amid concerns of an election scare campaign.

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Greens MP invokes Whitlam in public housing push – as it happened

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Plibersek approves three coalmine expansions

We have more on environment minister Tanya Plibersek’s approval of three coalmine expansions on Tuesday from Graham Readfearn here.

There’s a range of everyday common health conditions that are unnecessarily blocking up our emergency departments and contributing to those wait times to see our precious general practitioners.

We would love to see more GPs. Who doesn’t love their local family doctor? My wife and I and our children certainly do. But we all know how difficult it is to not only find one, find one that bulk-bills, but find one that hasn’t closed their books and can take an appointment. That’s not just in the bush, that’s in our major capital cities as well, whether it’s after 6pm or on a weekend, when your local pharmacy is open.

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Australia news live: RBA ‘didn’t explicitly consider’ hiking interest rates, governor says

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Reserve Bank leaves interest rate on hold for seventh meeting in a row. Follow all the days’s headlines live

Tony Armstrong is leaving ABC News Breakfast for a new show screening in 2025. He told viewers this morning:

I just want to thank Brekky and the broader ABC News team for welcoming me in with open arms and helping me grow over the past few years. I love live TV and those moments that are unplanned and unpredictable where anything can happen. I’ve been so lucky to be surrounded by an incredible team and it’s those friendships that I’m going to cherish the most.

How blessed we’ve been to have Tone on our screens every morning, bringing the sparkle, joy and heart that only Tony can! Tony is a wonderful friend and everyone at News Breakfast is going to miss his infectious and caring nature. I know it’s meant so much to me and to thousands upon thousands of First Nations viewers waking up to see Tony representing us on the daily. Can’t wait to see what you do next, Tone! Maybe sleep?!

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NSW nurses and midwives announce strike – as it happened

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Australia’s ‘sex report card’ released

The latest Australian Study of Health and Relationships was revealed at a conference in Sydney this week held by the International Union Against Sexually Transmitted Infections.

Rent assistance went up by $25 and … average rents have gone up by more than $100. What might look like a big percentage increase is, frankly, fuck all, and that’s one of the reasons that this is so upsetting.

When CRA is indexed, the amount of rent that you have to pay before you get any rent assistance increases. So the proportion of your rent, where you qualify for it, reduces if you aren’t receiving the maximum payment.

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NSW government announces free weekend train travel in bid to avoid industrial action – as it happened

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Australia “abstained with great disappointment” on the Palestinian-drafted resolution at the United Nations general assembly in New York early this morning, the Australian ambassador to the UN has said.

The resolution – which sought to act on a recent advisory opinion of the international court of justice – was passed with 124 votes in favour and 14 against. Australia was one of 43 countries to abstain, including the UK, Canada and Germany.

That is why we abstained with great disappointment.

We wanted to vote for a resolution that directly reflected the ICJ Advisory Opinion.

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Australia news live: Labor’s preliminary refusal of Pep11 gas project ‘an amazing step forward’, Scamps says; total fire ban announced for parts of NSW

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On the double-dissolution threat floated by Anthony Albanese yesterday, Sarah Hanson-Young says:

Again, why, why be so bullish about this? The Australian people don’t need a panicked prime minister who wants to press the exit button because he can’t get his own way.

They want a government that’s willing to work across the parliament. Now, a third of Australians voted for parties other than Labor or Liberal at the last election. And they did that because they want a parliament that works for them.

We want to fix it. We want to give the government the opportunity to fix it. I’m not just interested in saying no to things. I want to get outcomes. I guess that’s my concern.

This prime minister seems to have such a chip on his shoulder, doesn’t want to work with anyone. Just wants to do it all his way. I don’t think this is a very good sign for the future. Come on, come on, prime minister, you know, let’s put – put aside the politics and get on with getting some outcomes.

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Labor push for vote on help-to-buy bill delayed in Senate – as it happened

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White House marks three years since signing of Aukus agreement

Happy three-year anniversary of the signing of Aukus, to those who observe.

Three years ago, President Biden and our Australian and United Kingdom partners committed to Aukus, an enhanced security partnership that promotes a free and open Indo-Pacific that is secure and stable.

As this partnership has grown, it has strengthened the security of our allies in the region as well as our own security here at home. Over the past three years, our countries have made significant strides in supporting Australia’s acquisition of a conventionally armed, nuclear-powered submarine capability.

That is bad news for Australian solar homes.

To create space for inflexible nuclear power plants ramming energy into the grid, millions of household solar systems will be the first casualty.

Solar power is already being switched off in South Australia when it makes so much free power available that it exceeds electricity demand.

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What’s causing China’s economic downturn and what does it mean for Australia?

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Oversupply and deflation are spooking markets, while falling demand for coal and iron ore threatens to further hamper anaemic Australian growth

“Because most Chinese are satisfied with the economy’s performance, Beijing would probably resist major adjustments in savings, consumption and investment incentives that did not serve its industrial policy goals.

“Only the prospect of closed foreign markets or deep recession at home, neither of which Beijing believes is likely in the near term, would change this view.”

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Australian politics live: Labor confirms aged care deal; AEC abolishes Kylea Tink’s electorate; parliamentary standards bill passes Senate

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Helen Haines condemns ‘stitch up’ over Independent Parliamentary Standards Commission bill

Independent MP Helen Haines is furious at what she calls a “stitch up” between Labor and the Coalition that “weakens the transparency of the new Independent Parliamentary Standards Commission”.

The bill as currently drafted means serious findings could be made about an MP, but they could face no sanction and the public could never know.

I want to see more transparency around this process.

The government made two last-minute changes to its own legislation that would reinforce the major party duopoly, ensuring no member of the crossbench can be deputy chair of the parliamentary standards oversight committee. What a stitch up!”

We’re going to have the same people on the joint select committee as on the privileges committee, meaning the people who are meant to make sure the whole system is working are the same people who are part of it.

I’m really staggered by this, and it isn’t right.

We’re taking a stand against the unchecked greed that’s fuelling the cost-of-living crisis, and we’re urging the parliament to support this critical reform.

Our bill will put an end to corporate price gouging by making it illegal for corporations with substantial market power to charge excessive prices for goods and services.

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Surge in larger homes for sale amid capital gains tax fears, Rightmove says

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Speculation Rachel Reeves to raise tax in budget thought one reason for some homeowners cashing out

Growing speculation about a capital gains tax (CGT) raid in October’s budget appears to have prompted a surge in the number of larger homes being put up for sale, the UK’s biggest property website says.

Rightmove said in the week ending 9 September there had been “a flurry of activity at the top end” of the market. The number of larger homes – defined as four-bedroom detached houses and all five-bedroom and larger properties – being listed for sale in Great Britain was 15% more than in the same period last year. And in the east and south-west of England, which include some of the UK’s most popular coastal and countryside hotspots, the percentage was over 20%.

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Australia politics live: Littleproud heckled at Canberra farmers protest; Greens senator urges Chalmers to override RBA and cut interest rates

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Peter Dutton and David Littleproud addressed the crowd of hundreds from as far as Western Australia. Follow today’s news live

PM speaks on social media ban for kids

Anthony Albanese is doing the media rounds this morning, speaking on the government’s announcement it will ban children from social media platforms. This came after the South Australian announcement yesterday it would be moving to ban children under 14.

Well, we want to work with the states and territories. What we didn’t want to develop is eight different systems. We know this is a national issue and it’s pretty simple. We want to get kids off their devices and on to the footy fields, on to the netball courts, into the swimming pools.

We want them to have real experiences with real people, and we know that social media is causing social harm, which is why we put funding in the budget to have a trial to make sure that we get it right.

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Senate committee told foreign student cap would ‘gut’ private education sector – as it happened

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Michele O’Neil said this isn’t about “expecting everyone to have the same opinion all of the time” but continued:

We’re a diverse movement, and people have strong opinions, but it is at its core about who we are and what we stand for. And we don’t walk away when things get tough, we face up to them. And angry individuals lashing out and blaming everyone except themselves doesn’t get us through this.

We need to stay steady on what is in the interest of working people and what’s in the interest of working people is good, clean, strong, effective unions with leaders who see their job as representing workers and their members, not acting in their own self-interest.

No … I think that it’s important that we realise that the union movement – the vast bulk of unions – want to stay part of the united union movement, and have made that really clear.

What I’m saying, Patricia, is we’re talking to all of our unions all of the time … I haven’t had any other unions threaten to quit.

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Australia news live: severe weather warnings for parts of NSW and Victoria; Tasmania flood warnings downgraded but river rises still possible

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Moving to the 2026 census, Katy Gallagher was asked about comments from some of Australia’s major health institutions who say data on gender diverse Australians will be critical to inform care.

Is that something the government will consider, given that this is the advice from a lot of major health bodies?

It is, as you say, really important and it’s no surprise that health groups are saying that because, you know, it informs future health policy and identifies gaps and responses.

But the PM has already said there will be questions. We need to work with people about what those questions are and we’ll be doing that, but I’m very positive there’ll be a good outcome here.

You can see that from this data. You can see that household consumption, particularly on discretionary spending [which has] really declined substantially. I think that shows that household budgets are smashed and contributing to that, of course, is those 13 interest rate increases.

And the bank’s got a job to do to get inflation down, but we have also got a job to do to explain what we’re seeing in the economy and what we know is happening and that is that households are under huge pressure. So I think, you know, there’s been a lot said about this this week but it really is stating the facts and [that] played out for all to see in the national accounts yesterday.

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Australia news live: BoM predicts warm spring as Sydney faces high fire danger and four states warned of high winds

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Windy weekend in prospect as BoM forecasts warmer-than-usual spring. Follow the day’s news live

Good morning and welcome to the end-of-week news blog. I’m Martin Farrer with the best of the overnight stories to get you up to speed before hosting duties switch to Emily Wind.

Mano Yogalingam was 23 years old and had “his whole life in front of him”. But the stresses and strains of living with the prospect of being deported back to Sri Lanka pushed him over the edge and he took his own life this week. Our top story this morning hears from refugee advocates who say the death of the Tamil asylum seeker has exposed the failings of the fast-track immigration system. “All of these people have been failed by the system. It’s a total cobweb of cruelty,” one said.

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Sydney property developer who ‘washed’ money for tax fraud scheme blackmailer forced to repay $11m

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Liquidators to recoup millions sent to blackmailer who threatened to expose Plutus Payroll tax fraud scheme

A Sydney property developer who helped “wash” money for a blackmailer convicted for threatening to expose tax fraud will have to cough up more than $11m.

Plutus Payroll and its directors stole $105m from the Australian Taxation Office by skimming off GST and transferring it elsewhere, according to court findings.

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Australia news live: thousands rally in capital cities as CFMEU workers walk off sites; fears of overdose crisis as use of nitazenes grows

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Rallies in support of the CFMEU have kicked off across the nation’s capital cities, from Sydney, Melbourne to Brisbane. Follow the day’s news live

Jim Chalmers accuses Liberals of ‘economic insanity’ on potential housing cuts

Jim Chalmers was asked about the $100bn in cuts the Coalition is set to announce today, mostly from Labor initiatives, if it wins the next election. Would this appeal to the electorate?

What we know from what’s in the newspapers today is that they plan billions of dollars to cuts in housing at a time when we’ve got a very severe housing shortage, and this goes with the absolute economic insanity of the Liberals and Nationals. During an extreme housing shortage, they want to swing the axe on billions of dollars in housing funding.

Also this is $100bn they reckon – let’s see the details. They flagged more than three times that amount when it comes to cuts, so let’s hear them come clean on the other cuts. Let’s hear what it means for Medicare and pensions and for the economy more broadly.

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Australia news live: winter heat record set in South Australia; NZ suspends import of all Australian tomatoes

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South Australia has notched up its hottest winter day on record. Follow the day’s news live

David Anderson says it was ‘the right time for me’ to resign from ABC

The ABC managing director, David Anderson, is speaking with ABC RN after yesterday’s announcement of his resignation.

And I think the right time for the ABC. It is something I had thought about now for months, and went away on leave, spoke to [ABC chair] Kim [Williams] a lot. Kim tried to get me to change my mind. [I] came back from leave with it, certain in my mind that I was making the right decision.

We’ve got a long lead time for the board to find a new managing director, and I’ve been asked to and I agreed to stay on until that person starts, which could very well be April next year.

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Australia politics live: Coalition to reveal cost of nuclear plan ‘in good time’, Angus Taylor says; misbehaving MPs face fines under new standards commission

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The government will introduce legislation today which includes penalties for MPs and parliament house staff who have been found to have committed wrong doing. Follow the day’s news live

Gambling ads ‘an issue of morality’: Sharkie

As Paul Karp reported yesterday, the independent MP Rebekha Sharkie is one of the MPs pushing for the major parties to be allowed a conscience vote on the forthcoming Labor gambling legislation.

The Murphy report called for a full ban. That’s the expectation of many members of parliament, both the opposition and government said and the crossbench, but many have said to me that they’re wrestling with their conscience on the idea that there would only be a partial ban and many people see this issue closely tied to their faith, an issue of morality.

So it would appear to me and also to Andrew Wilkie that, you know, a straightforward position would be to allow a conscience vote and in my time in the Parliament, we’ve had four conscience votes. I think it would naturally fit for the parameters an issue that sits within their soul.

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Former Sunak adviser urges Labour to introduce wealth tax on housing

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The economist behind the Covid furlough scheme has called for ‘unfair’ council tax and stamp duty to be axed

Council tax and stamp duty are “unfair and unpopular” taxes that should be abolished, says the economist who devised the Covid furlough scheme.

Tim Leunig, who has advised a series of cabinet ministers, including Rishi Sunak during his prime ministership, said it was time for a new and radical approach that would axe the two taxes and replace them with proportional levies.

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