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Treasury’s proposed changes will have wide and unintended consequences on small businesses and their shareholders, and even risk slashing company tax revenue, damaging the federal budget.
Wide parts of the city have been hit by a tremor, shaking residents awake to swaying buildings and a loud roaring sound. Follow updates here.
President Joe Biden expresses optimism about a deal, even as House Republicans left Washington for a holiday weekend; more than 20 sporting bodies unite to support an Indigenous Voice to parliament. Follow updates here.
A large fire erupted at a building in Surry Hills, with light rail services and roads closed. How the day unfolded.
Unless major policy changes are made to housing supply, people will feel the strains of a larger population and not share in the economic benefits.