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UNBELIEVABLE: 2 - The Untold Story

Tax changes get tick of approval from ratings agency

Tax hikes on property investors will help keep budget pressures under control, ratings agency S&P Global says in a check-up of Australia's fiscal health.

AAP

Nearly 1,500 properties bought using first home buyers’ 5% deposit scheme converted into investments

New data shows the federal government scheme has been used by high-income borrowers, including one couple earning an annual $674,000

The Guardian - AU

Rival plan to close Labor's 'widow tax' loophole sooner

Australians who inherit an investment property from their partner won't lose their access to negative gearing, draft laws revealed by the treasurer confirm.

AAP

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'Too high': RBA rates warning as inflation fears flare

The Reserve Bank governor says interest rates may need to go higher, as Australia's weak productivity problem locks households in for lower living standards.

AAP

Potential for first Australian oil refinery in 60 years as treasurer braces for inflation from Middle East war

Commonwealth and Western Australia to fund study into construction of large-scale petrol refinery as buffer against fuel vulnerability

The Guardian - AU

Labor women outnumber men in the caucus. Why are they overlooked as Albanese’s potential successor?

Kate Ellis now heads an all-female executive as women hold a majority in the party room for the first time. But when talk turns to leadership, women barely rate

The Guardian - AU

Fuel supply secure despite price alert as war grinds on

The nation's fuel supply remains secure despite the war in Iran but motorists should brace for rising prices as experts warn of extensive economic impacts.

AAP

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Julian Leeser says his son no longer feels safe at Jewish events – as it happened

This blog is now closed

The Guardian - AU

Grattan on Friday: One Nation’s spectre hangs over Labor national conference

Bill Kelty has been a member of the Labor Party since 1964 but he is not among the hundreds of delegates at the party’s national conference in Adelaide. If he were, the conference’s Thursday debate on the economy might have seen a touch of fire.

The Conversation

Australian ISIS Doctor 'Dr Jihad' Found Alive in Iraqi Prison as Government Faces Questions Over His Return

Australian doctor Tareq Kamleh, presumed dead, is found alive in an Iraqi prison, raising questions about the government's awareness and response to his potential return.

International Business Times UK

Criticism over ISIS bride bail triggers judges' rebuke

The peak body for Australia's judges has hit back at the opposition leader for criticising the decision to grant bail to a member of the ISIS bride cohort.

AAP

View from The Hill: Labor’s Andrew Charlton surfs the AI wave

If his impressive academic record is any measure, Andrew Charlton might lay claim to one of the highest IQs in the parliamentary Labor party. Now, with his central role in the government’s AI policy, he’s grappling with issues thrown up by a very different sort of intelligence.

The Conversation

Corporate regulators told not to hinder nation's growth

Corporate regulators ASIC and APRA have been directed to prioritise economic growth and productivity, in new guidance provided by Treasurer Jim Chalmers.

AAP

Shock APS job-cut figure aired in federal budget watchdog report

The govt would need to find billions of dollars worth of APS savings.

The Canberra Times

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AAP

Tax push renders budget surplus forecasts 'unrealistic'

Treasury's assumption the federal budget will return to surplus within a decade is at risk because of likely tax cuts, an independent agency warns.

The Guardian - AU

Albanese to compare pivotal moment in AI to renewable energy transition as he outlines approach

Labor sources say the PM will discuss safety concerns in speech this week but will not provide an update on copyright reforms to protect artists

The Economic Times

Mulling AI investment, Anthropic lobbied Australia on copyright law

Anthropic's chief executive Dario Amodei has lobbied Australian officials for "copyright reform" as the artificial intelligence giant seeks to make a major investment in the country, official briefing notes released Monday show. According to briefing notes released under freedom of information law, Amodei had requested the meeting to discuss barriers…

The Canberra Times

Was Treasury's rent modelling wrong? New data suggests a major miscalculation

Labor has wanted to make these changes to tax policy for a decade.

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AAP

Economy caught between an oil shock and an AI boom

The AI boom will offset the negative effects of the Middle East war, but if the bubble pops Australia's economy could be exposed to a correction, a report says.

AAP

'Attack on farmers': questions over mass land sale

A peak farmers group and political parties at multiple levels have slammed a federal government green light for the sale of farmland for timber production.

AAP

Longest stretch of weak growth since 1990s forecast

Rarely has Australia's near-term economic outlook appeared so gloomy, says Deloitte Access Economics.

The Independent UK

Two EY employees charged with accessing bank details of Australian PM Albanese: ‘Incredibly concerning’

Two men, aged 21 and 25, charged with unauthorised access to restricted data

AAP

Fuel pinch arrives sooner for some as discount halved

Motorists feeling the cost crunch are encouraged to fill up tanks before the fuel excise discount is halved, with one cohort likely to feel its impact first.

The Guardian - AU

‘Enforcement mode’: Australia must take fight to tech giants to make social media ban stick, experts warn

Doubled penalties will have little effect if platforms not held to account for the content they carry, observers say

AAP

Pledge to fix 'widow's tax' on investment properties

Concerns about how a tax hike on investments will impact couples in the event of death and divorce will be addressed, Labor says.

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