business
Tax is a great motivator but will Labor's changes fix Australia's housing mess?
The Albanese government and the opposition both want to turn back the clock on the Australian tax system. Source link
The gas that could make Australia a player in global semiconductor supply chain
Helium is used in health care and to make microchips and semiconductors, but the Middle East war has affected supply. Some think it is an opportunity for Australia’s gas industry. Source link
First home buyers 'up and about' at auctions after negative gearing changes
The government says the changes are aimed at levelling the playing field for young buyers bidding against property investors, while the opposition is pledging to undo the reforms, citing their potential to raise rents. Source link
China quietly turns off supply of world's most used industrial chemical
Amid disruption from the Iran war, China has banned exports of sulphuric acid, a crucial component used to treat drinking water, refine petroleum and make batteries, clothing and phosphate fertilisers. Source link
Push to make rental properties ready for portable power future
A standard power plug for charging your home from an EV is among the measures proposed to improve energy standards for rental properties. Source link
$40m bid for airline crackdown with warnings of fare rises, cancelled flights
The federal government has announced nearly $40 million to fund an overhaul of aviation consumer rights. Source link
ABC boss Hugh Marks flags TV cuts as broadcaster pivots to new platforms
The ABC’s managing director says the public broadcaster’s biggest challenge is “stopping things” as he seeks to grow audiences on new platforms without increasing staff. Source link
ASX closes lower, oil price up as Trump and Xi discuss war in Iran — as it happened
The ASX200 finished the week lower, and oil headed for a weekly gain as the reopening of the critical Strait of Hormuz waterway and end to the war in the Middle East remain in doubt. Source link
'Mega' gas-fired power stations could be the new normal, analyst says
Energy Australia says the proposed 1.4-gigawatt gas-fired power plant would be critical to the energy transition by supplying reliable back-up power, but analysts have flagged supply and economic issues. Source link
Trust tax could hurt young, not just ultra-wealthy, tax advisors warn
The federal budget includes a new 30 per cent minimum tax on discretionary trusts. Experts say it is not just the ultra-wealthy that will be hit. Source link