Top World News

Paul Keating urges Labor to stick with capital gains tax overhaul and avoid exemptions that would hurt economy

Exclusive: Former PM says changes to tax rates are ‘so marginal that no entrepreneurial initiative is likely to be thwarted’Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastPaul Keating has urged Labor to stick to its guns on controversial changes to capital gains tax, warning that exempting commercial assets from the changes would further “distort” the economy.Small business and the startup sector are fighting the Albanese government over its plans to shift the 50% capital gains tax discount to an inflation-based model, part of a suite of tax reforms announced in this month’s federal budget. Continue reading...

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Justin Stevens resigns as ABC director of news after four years in role

Managing director Hugh Marks says Stevens made ‘incredible commitment’ to broadcaster over 19 years Justin Stevens has resigned as ABC director of news after four years in the role, citing personal and professional reasons.‌ABC managing director Hugh Marks said Stevens had made an “incredible commitment” to the ABC over 19 years, including ensuring ABC News is the number one digital news provider. Continue reading...

Cuba Appeals For International Help As US Intensifies Pressure

Donald Trump has openly mused about taking over communist Cuba, saying that after the US attack in January that ousted Nicolas Maduro in Venezuela, Havana could be his next target for military action and big change.

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North Korea Tests New Multi-Purpose Missile Launch System: Report

South Korea said on Tuesday the North fired several projectiles, including a ballistic missile, off its west coast, the latest in a flurry of tests this year. Seoul said the missiles flew about 80 kilometres (50 miles).

Police were outgunned during Bondi beach massacre due to lack of long-arm rifles, royal commission hears

Officers were ‘placed at significant risk, being in a gunfight armed with 9mm Glocks against long-arms’, NSW police deputy commissioner saysFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastPolice were outgunned at the Bondi massacre on 14 December, armed with 9mm Glock pistols in a gun battle against rifles, the royal commission on antisemitism and social cohesion has heard.New South Wales police deputy commissioner David Hudson gave evidence to the commission that police officers put themselves in danger to shoot and neutralise the attackers. Continue reading...