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NAB CEO Ross McEwan also said he backs Labor’s super tax caps; financial hardship returns to early pandemic levels; Deputy PM Richard Marles fails to explain how unrealised capital gains in SMSFs will be taxed. Follow updates here.
Choices range from setting up a family trust or transferring savings into kids’ superannuation accounts to moving the biggest investments into private company structures.
Federal and state energy ministers have chosen a congestion relief model spruiked by renewable industry advocates rather than a recommendation by the Energy Security Board.
Victorian Energy Minister Lily D’Ambrosio has hit back at claims the state was ‘demonising’ gas in the transition to net zero emissions by 2050.
The loss of public service skills was a “perverse consequence” of the former Coalition government’s fixation on cutting the size of the public service, says the former top public servant under two Liberal PMs.