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TRANSCRIPT
- Labor accused of breaking tax promise.
- The upcoming federal budget to fast-track environmental approvals.
- Ten more players added to the Socceroos pre-World Cup camp.
The federal opposition is accusing the government of deceiving voters, over breaking its promise not to make changes to negative gearing and capital gains tax discounts.
Before the 2025 election, Prime Minister Anthony Albanese said he would not change negative gearing or capital gains arrangements, but the government is expected to rein in the tax breaks in tomorrow's budget.
Treasurer Jim Chalmers has said the changes aim to address what he describes as issues of fairness in the housing market and tax system, including for younger Australians.
Opposition Treasury spokesman Tim Wilson says the government's decision to go back on this pre-election promise shows the budget is in disarray.
"So in the coming days, the government is going to have to be full and transparent about the deceit and betrayal they have put forward, the government in its announcement is going to have to be clear in it's announcement tomorrow about what the rules are going to be, and who is going to be hit."
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The Federal Government will spend $500 million in the budget to speed up environmental approvals for housing, energy and critical minerals projects.
The funding is part of a broader productivity push, aimed at cutting red tape and getting major projects built faster.
Environment Minister Murray Watt says the changes will streamline approvals while keeping environmental protections in place.
"You know we're doing what we can within the laws that we have at the moment. And now that we've got these news laws in place; that will allow us to find much more streamlined pathways to get the housing that we need while also making sure we have strong environmental protections."
But former Greens leader and environmentalist Bob Brown says the package will accelerate environmental destruction and put endangered wildlife at greater risk.
He says the money should be spent on protecting nature, not speeding up approvals for major projects.
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A witness on day six of the Royal Commission on Antisemitism and Social Cohesion has called for better Holocaust education in Australian schools.
Today marks the beginning of the second week of hearings, which is focusing on the lived experiences of Jewish people in Australia.
The mother of a Perth teenager who was bullied by other students over his Jewish heritage and targeted with antisemitic comments, has told the hearing change requires better understanding.
"Some sort of policy, some sort of school policy, or some sort of State policy or National policy should be introduced for children to just have that knowledge. And we don't want to expose our children to unpleasant things, but in the same way as we did with Truth Telling, I think eventually our country will be the better for it, if our children can gain that historic knowledge."
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Tensions are rising in the Strait of Hormuz, with more than 20 U-S warships now enforcing a blockade against Iran.
US Central Command says 61 merchant ships have been ordered to change course since April, and four vessels have been disabled.
Iran is demanding the blockade be lifted and has warned Western powers against sending more warships into the region.
Tehran says any British or French support for the US operation would trigger a swift military response.
Iran’s navy says it has deployed locally made submarines in the strait, as the standoff over one of the world’s busiest shipping routes deepens.
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One Nation Leader Pauline Hanson says she would be open to forming a political alliance with the Liberals and Nationals, if her party had the balance of power.
It follows opposition Treasury spokesperson Tim Wilson's comments yesterday that he would never support a Liberal- One Nation Coalition.
One Nation's victory in the southern New South Wales seat of Farrer on Saturday has raised questions over whether the party will target outer suburban electorates, and try and take control of other regional seats.
Ms Hanson has told Sydney's radio 2GB, she would be willing to work with Liberals and Nationals to form a government at the next federal election, but her party would not join a formal Coalition.
"What I will do is give them supply and confidence, meaning that if they have more numbers than me, and they can form a government with my numbers, I'm quite happy for them to do that. But I don't want ministerial positions because I'm not going to be the tail on the dog, and just wagging and nothing happens. Because they've done that with the National Party, and that's why the National Party haven't been able to represent the rural and regional areas to the best of their ability."
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In football, ten more players will join the Socceroos' pre-World Cup camp in the U-S state of Florida this week.
A-League players Aziz Behich and Patrick Beach will midfielder Ajdin Hrustic and seven UK-based players in the camp.
Two players heading over- Daniel Bennie and Raphael Borges Rodrigues - have never played for the Socceroos before.
Eight players whose club season are already over are already in the camp, and more will join in the coming weeks.
Coach Tony Popovic will choose his 26-man squad for the World Cup at the end of the month.
