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A new survey in the Australian Financial Review reveals voter division over the government's budget tax changes, with capital gains tax reforms receiving a net approval rating of zero and negative gearing limits scoring just 7%. Housing Minister Clare O'Neill defends the budget as necessary to address Australia's broken housing market and ageing population, whilst Liberal Senator Michaelia Cash criticises the changes as a broken promise and a tax on aspiration. Commonwealth Bank CEO Matt Comyn has suggested the capital gains tax changes should only apply to non-passive assets like housing rather than start-ups and small businesses.
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South East Queensland is experiencing heavy rainfall with up to 170mm forecast for coastal areas, causing train service disruptions and traffic chaos on major highways.See omnystudio.com/listener for privacy information.
Victorian independent MP Helen Haines is in critical condition at the Alfred Hospital after being deliberately struck by a vehicle outside her Wangaratta office. See omnystudio.com/listener for privacy information.
Turbulence is becoming more common on flights as rising global temperatures increase thunderstorm frequency, with clear air turbulence now posing challenges for pilots as it can strike without warning.See omnystudio.com/listener for privacy information.
Grindelwald, Tasmania, a resort near Launceston modelled after the Swiss town, offers unique activities including splash golf and local distillery tastings.See omnystudio.com/listener for privacy information.
Mortgage brokers are increasingly used by Australians seeking home loans, but recent research reveals more than one in five recommendations from major broking groups weren't for the cheapest loan available. See omnystudio.com/listener for privacy information.
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