Has Labor’s tax reform killed ‘rent-vesting’ for young Australians seeking a foothold in the housing market?

In House committee transcript, commerce secretary denied any further contact with disgraced financierSign up for the Breaking News US newsletter emailThe US commerce secretary, Howard Lutnick, told lawmakers in a closed-door interview earlier this month that he met Jeffrey Epstein only three times and had no “personal or professional relationship” with the disgraced financier, according to a newly released transcript of the meeting.“I unequivocally condemn the conduct attributed to Jeffrey Epstein and everyone who participated in his illegal activities,” Lutnick said in his opening statement before the House oversight and reform committee. Continue reading...

Dalton Eatherly, 28, known as Chud the Builder, accused of firing at another man outside courthouse in ClarksvilleAn influencer has been detained in Tennessee following his alleged involvement in a shooting, according to local police.On Wednesday afternoon, Dalton Eatherly, 28 – known online as Chud the Builder – was involved in a confrontation with another man outside the Montgomery county courthouse in Clarksville, Tennessee, during which shots were fired, the office of the district attorney general said in a statement. Continue reading...

With Mexico under pressure from Trump to tackle drug trafficking groups, analysts say ‘it’s the most tense situation since the 1980s’Relations between Mexico and the United States are being pushed to breaking point amid accusations by Washington that Mexican officials have been “in bed for years” with drug traffickers, and reports of CIA agents freely operating south of the border.“There are many who are betting on the defeat and failure of the Mexican government,” said Claudia Sheinbaum tersely on Wednesday, when asked about the allegations at a news conference. ”We want a good relationship with the United States government. What are our limits? The defence of sovereignty and respect for the Mexican people and their dignity.” Continue reading...

Medicare has already paused hospice and home healthcare agency signups as potential fraud is investigatedUS politics live – latest updatesJD Vance has threatened to “turn off” federal funding for government health insurance programs in states that refuse to comply with the Trump administration’s crackdown on suspected fraud.States which fail to “get serious” about fraud would lose Medicaid and Medicare funding, the US vice-president announced on Wednesday, sparking fresh accusations that Trump officials are using unfounded allegations to punish political rivals. Continue reading...

In interview with Stateside with Kai and Carter, Abrams says Republicans have raised the stakes beyond party linesFormer Georgia gubernatorial candidate Stacey Abrams has slammed Republican-led states’ efforts to redraw their congressional maps to favor their party as “evil incarnate”.In an interview with the Guardian’s new podcast, Stateside with Kai and Carter, Abrams argued that what she said amounted to intentional “cheating” to suppress racial minority voting power must be fought in the courts and on the ballot. Continue reading...

Lindsay and Craig Foreman were given 10-year sentences after entering the country on a motorcycling tripThe “terrified” family of a British couple jailed for 10 years in Iran on spying charges have said they have lost all contact with them.Lindsay and Craig Foreman, both 53, were arrested in January 2025 while travelling through Iran during an around-the-world trip by motorcycle. Continue reading...

Angus Taylor to give budget reply speech tonight. Follow today’s news liveGet our breaking news email, free app or daily news podcastGood morning and welcome to our live politics blog. I’m Martin Farrer with the top overnight stories and then Nick Visser will take the helm (with Krishani Dhanji ready to take over this afternoon in the lead-up to tonight’s budget reply speech from Angus Taylor).Anthony Albanese has denied that the additional 700,000 gen Z voters being added to the electoral roll by the time of the next federal election was a factor in deciding on the negative gearing and capital gains tax changes in Tuesday’s federal budget. More coming up. Continue reading...

Resolution failed in a 49-50 vote, with Lisa Murkowski and fellow GOP members Rand Paul and Susan Collins voting in favorThe Senate on Wednesday rejected the seventh attempt by Democrats to force an end to American involvement in the war on Iran, even as the ranks of Republicans opposed to Donald Trump’s strategy grew.The war powers resolution proposed by Jeff Merkley, a Democratic senator of Oregon, failed in a 49-50 vote. All Democrats with the exception of John Fetterman of Pennsylvania supported its advancement. Continue reading...

Jordan Derrick charged in connection with deadly attack in the French Quarter on New Year’s Day 2025US politics live – latest updatesFederal authorities have filed charges against a Missouri man accused of publishing online tutorials on how to manufacture explosives that the terrorist who carried out the deadly attack in New Orleans’ historic French Quarter on New Year’s Day 2025 used as a blueprint to make his own improvised bombs.R Matthew Price, a US attorney, announced Tuesday that 40-year-old Jordan Derrick, of the Missouri city of Sweet Springs, had been charged with one count each of engaging in the business of manufacturing explosive materials without a license, unlawful possession of an unregistered destructive device, and illicitly distributing information relating to manufacturing explosives. Continue reading...

Elias Calocane says he thought violent messages sent by brother related to suicidal thoughts not harming othersThe younger brother of Valdo Calocane, who killed three people in an attack in Nottingham, said he felt “powerless” over his sibling’s mental ill health and believed violent messages his brother had sent concerned suicidal thoughts.Valdo Cacocane, who was diagnosed with paranoid schizophrenia in 2020, stabbed to death Barnaby Webber and Grace O’Malley-Kumar, both 19, and caretaker Ian Coates, 65, on 13 June 2023, and seriously injured three others. Continue reading...

Brian Kemp’s move makes Georgia latest southern state to initiate map-making after dismantling of Voting Rights ActThe Republican governor of Georgia called a special session for next month to redraw electoral maps, the latest southern state to initiate a new map-making after the US supreme court’s dismantling of the Voting Rights Act.Brian Kemp announced the special session, which will start on 17 June, on Wednesday. It will focus on “enacting, revising, repealing, or amending” district lines for the state legislature and congressional district, in light of the supreme court’s decision in Louisiana v Callais. Continue reading...