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Treasurer tells Commonwealth Bank podcast that he aims to ‘recognise the decisions that people have taken in the past’Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastExisting property investors look set to avoid paying more tax under Labor’s mooted changes to CGT in next month’s budget, after Jim Chalmers said he wanted to “make sure that we recognise the decisions that people have taken in the past” and flagged any reforms would not generate “a huge amount of revenue”.The treasurer is widely expected to modify the flat 50% tax discount on profits from the sale of assets held for more than one year, potentially returning to the pre-1999 model where capital gains are adjusted for inflation. Continue reading...

Matthew Pennycook says ending system must be done slowly to avoid hitting housing supply and legal pitfallsA ban on new leasehold properties in England and Wales is unlikely to come into force until after the next election, the housing minister has said, as he defended the government’s piecemeal attempts to dismantle the system.The long-promised end would take years to “switch on”, Matthew Pennycook said, even though the ban of leaseholds on new houses was passed in 2024 and the government intends to pass one on new flats soon. Continue reading...

Exclusive: Cambridge research finds socioenvironmental stressors may influence body’s ability to function healthily in pregnancyStress from racism and deprivation could explain why black women are more likely to die during childbirth, a study has found.Researchers reviewed 44 existing studies that examined three physiological pathways associated with worse pregnancy outcomes: oxidative stress, inflammation, and uteroplacental vascular resistance, and found black women had higher levels of the three metrics. Continue reading...

Researchers find ‘alarming’ effect on fertility across global species from simultaneous exposuresSimultaneous exposure to toxic chemicals and climate change’s impacts likely generates an additive or synergistic effect that increases reproductive harm, and may contribute to the broad global drop in fertility, new peer-reviewed research finds.The review of scientific literature considers how endocrine-disrupting chemicals, often found in plastic, coupled with climate change’s effects, such as heat stress, are each linked to reductions in fertility and fecundity across global species – including in humans, wildlife and invertebrates. Continue reading...

Trump and first lady were safely evacuated and police arrested Cole Tomas Allen of southern California at eventThe gunman who tried to breach the ballroom at the White House Correspondents’ Association dinner in Washington DC on Saturday night is believed to have been targeting members of the Trump administration, the acting US attorney general, Todd Blanche, said on Sunday morning.Blanche also said officials believe that the suspect traveled by train from California to Chicago and then on to Washington, where he checked in as a guest at the hotel where one of the capital’s glitziest annual events was being held, the Washington Hilton. Continue reading...

Demographic also overrepresented when police officers use force such as handcuffs, firearms or Tasers, says children’s commissionerBlack children across England and Wales are almost eight times more likely to be strip-searched by police than their white counterparts, a report has disclosed.Rachel de Souza, the children’s commissioner for England, said Black children are also overrepresented when officers use force and were more likely to have their “size, gender or build” cited as justification. Continue reading...

The US president rejects extending truce as Tehran warns of response and negotiators head to IslamabadSign up for the Breaking News US email to get newsletter alerts in your inboxDonald Trump said on Tuesday that he expects to resume bombing Iran, as a fragile 14-day ceasefire approaches its deadline Wednesday with no deal in sight.“I expect to be bombing because I think that’s a better attitude to go in with,” Trump told CNBC’s Squawk Box. “We’re ready to go. The military is raring to go.” Continue reading...