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  • Labor prepared to fast-track fix to negative gearing ‘widow tax’ | Taylor demands Albanese repeal…

    Labor prepared to fast-track fix to negative gearing ‘widow tax’ | Taylor demands Albanese repeal…

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    Labor prepared to fast-track fix to negative gearing 'widow tax'

    Jim Chalmers says the government is willing to bring forward a fix to an unintended loophole. (ABC News: Ian Cutmore)

    The government has signalled it is willing to fast-track a fix to its unintended "widow tax", which is cutting off people from eligibility to negatively gear a home when their partner dies.

    The Coalition has demanded an immediate fix to the loophole created by negative gearing changes in return for its support for a $37 billion savings plan for the NDIS.

    The federal government is hoping to settle negotiations on its NDIS savings package so it can be passed this week.

    Taylor demands Albanese repeal ‘cruel tax’ in return for NDIS bill support

    Coalition leader tells Anthony Albanese that delaying change to budget measure is ‘unconscionable’

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    Angus Taylor says the Coalition will only support the Albanese government’s proposed overhaul of the NDIS if it first removes the “widow tax” loophole from its changes to taxing investment properties.

    The warning comes as the Albanese government hopes to land a deal with the opposition this week in order to pass the bill in the Senate after the Greens ruled out supporting changes to the scheme that are expected to boost the federal budget’s bottom line by $37.8bn over four years.

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    The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.

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  • Sánchez in prime spot at home (10-1, 1.41 ERA) in a start vs. Miami (3-0, 0.50 ERA) | MLB bettin…

    Sánchez in prime spot at home (10-1, 1.41 ERA) in a start vs. Miami (3-0, 0.50 ERA) | MLB bettin…

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    Sánchez in prime spot at home (10-1, 1.41 ERA) in a start vs. Miami (3-0, 0.50 ERA)

    PHILADELPHIA — It seems as if some of the hype around Cristopher Sánchez has subsided recently.

    Maybe it’s because the National League Cy Young race hasn’t remained as tightly contested as it was earlier in the season. Maybe it’s because of that one bad outing Sánchez had in Kansas City prior to the All-Star break. Maybe it’s because teammate Jesús Luzardo has arguably been the Phillies’ best pitcher for the past two months.

    Or maybe it’s just a matter of anything Sánchez does will pale in comparison to when he went the entire month of May without allowing a run.

    Phillies send Cy Young contender Christopher Sanchez to the mound in wild card race showdown

    Phillies fan Lewis Kalb joins 'The Sunday Briefing' host Peter Doocy to share details of his viral radio play-by-play debut. After winning a charity auction, Kalb called part of a Philadelphia Phillies' MLB game. Kalb discusses the overwhelming positive reactions to his professional-sounding broadcast voice and the possibility of future opportunities behind the microphone.

    We have only about 25% of the season remaining for most teams. With 125 games done for the majority of clubs, we have fewer than 40 games for teams to figure out who is going to make the postseason. This should be a fairly tight race in both leagues, but the National League seems a bit more decided at the moment than the American League. There are only six teams within 3.5 games of a Wild Card spot, but two of them battle tonight as the Marlins take on the Phillies.

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  • Marketplace warning as woman loses $10k in stolen-car purchase | A Tasmanian woman lost $10,000 a…

    Marketplace warning as woman loses $10k in stolen-car purchase | A Tasmanian woman lost $10,000 a…

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    Marketplace warning as woman loses $10k in stolen-car purchase

    Leanne Roney remains out of pocket after buying a stolen Fiat Ducato. (ABC News: Emily Smith)

    A northern Tasmanian woman believes more tools are needed to prevent people from buying stolen cars.

    She bought a Fiat Ducato van on Facebook Marketplace from a man who had registered it in his name, but it was owned by someone else.

    A consumer group says the case shows why digital platforms like Facebook Marketplace should be included in the federal government's new scam prevention framework. 

    Leanne Roney's "heart dropped" when a woman appeared at her door and announced the car in her driveway was stolen.

    A Tasmanian woman lost $10,000 after buying a van on Facebook Marketplace

    Liann Roni, a resident of the town of Port Sorell in northern Tasmania, lost about $10,000 after purchasing a Fiat Ducato van on Facebook Marketplace, which was later impounded. According to ABC News Australia, she paid $9,000 for the vehicle in April and spent an additional $1,000 on registration and modifications.

    Before the purchase, Roni checked the vehicle’s registration status in Tasmania. The records showed that the van was registered to the seller, 41-year-old Michael John Bowerman, and had not been reported stolen. After a test drive, she purchased the vehicle, but, according to her, after just one trip, error messages appeared on the dashboard and the van broke down.

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    Tasmanian Buyer Seeks Repayment After Stolen Van Sale

    According to ABC News, Port Sorell woman Leanne Roney is trying to recover $10,000 after she unknowingly bought a stolen Fiat Ducato van through Facebook Marketplace in April.

    Ms Roney paid $9,000 for the van and spent another $1,000 on registration and upgrades. She said she completed a Tasmanian Vehicle Registration Check, which showed the vehicle registered in seller Michael John Bowerman’s name, before proceeding with the purchase.

    Two days later, a woman from repossession company Derwent Mercantile told Ms Roney the van belonged to Asset Rental Group, which had leased it to Bowerman through a rent-to-buy arrangement. Asset Rental Group said it was aware that a vehicle repossessed from one of its customers had been illegally on-sold to a third party.

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  • ALP’s veterans debacle a self-inflicted wound | ‘Death sentence’: veterans call for cap to be s…

    ALP’s veterans debacle a self-inflicted wound | ‘Death sentence’: veterans call for cap to be s…

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    'Death sentence': veterans call for cap to be scrapped

    Your digital subscription includes access to content from all our websites in your region.
    Access unlimited news content and The Canberra Times app. Premium subscribers also enjoy interactive puzzles and access to the digital version of our print edition – Today's Paper.

    Veteran advocacy groups are urging the Albanese government to dump a proposed cap on allied health services for former defence force personnel, warning the move will be a "death sentence".

    The federal budget, handed down in May, includes $169.7 million to increase allied health provider fees from July to address outdated fee schedules.

    In a bid to claw back savings, the government is cutting more than $779 million over the next four years.A $5000 annual limit on allied health services for veterans will be introduced under changes Labor says will prevent overcharging.

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    The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.

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  • Could the CSL share price reach $200 in 2027? | BlinkLab Limited (ASX:BB1) Share Price Falls 4.61…

    Could the CSL share price reach $200 in 2027? | BlinkLab Limited (ASX:BB1) Share Price Falls 4.61…

    Explore the latest developments concerning Could the CSL.

    Could the CSL share price reach $200 in 2027?

    The Motley Fool offers a range of services designed to help you achieve your financial goals. Click here to learn more about our membership options.

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    It might sound ambitious after recent struggles, but the valuation required to get there is less demanding than you might think.

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    The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.

    For more detailed information, explore updates concerning Could the CSL.

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  • ASX 200 LIVE updates: Cochlear profit sinks in earnings season result; CSL eyes 5pc profit growth…

    ASX 200 LIVE updates: Cochlear profit sinks in earnings season result; CSL eyes 5pc profit growth…

    Explore the latest developments concerning ASX 200 LIVE.

    ASX 200 LIVE updates: Cochlear profit sinks in earnings season result; CSL eyes 5pc profit growth after net loss

    EML Payments cuts losses and forecasts return to profit next year

    Australian shares are set to open lower with oil topping the $US90 a barrel mark after President Donald Trump threatened to bomb Oman if it interferes with his negotiations with Iran on the Strait of Hormuz.

    S&P/ASX 200 futures were down 36 points or 0.4 per cent to 8976. The S&P 500 slipped 0.5 per cent in New York. Communication services led 10 of the 11 industry sectors down, with energy the only one to advance.

    Thierry Wizman, global FX and rates strategist at Macquarie Group, said there are three “unresolved” narratives within markets. The first is the price of oil, the second is the US Federal Reserve and the third is the fate of the Japanese yen.

    Live: Australia's biggest company BHP to report earnings, US markets fall on conflict fears

    Australia's biggest company BHP has reported a 30 per cent profit jump on high copper prices, as we delve into the books of some of the nation's most valuable listed companies.

    US markets have fallen on fears of an expanded conflict in the Middle East. 

    Follow the day's financial news and insights from our specialist business reporters on our live blog.

    Former BP Australasia president and director of pro-climate action organisation the Climate Council Greg Bourne doesn't want people to forget the substantial subsidy taxpayers make towards the big profits enjoyed by mega-miner BHP.

    "BHP is raking in eye-watering profits while pocketing $622 million a year in tax breaks for polluting diesel.

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    ASX set to slide, Wall Street retreats as oil prices climb; BHP, CSL results ahead

    US stocks are edging further from their record heights on Monday, ahead of a week where profit reports from the nation’s biggest retailers could give a hint about how shoppers are dealing with high inflation and a slowing job market.

    The S&P 500 slipped 0.4 per cent but remains near its all-time high set Thursday. The Dow Jones Industrial Average was down 284 points, or 0.5 per cent, in mid-afternoon trade, and the Nasdaq composite was 0.3 per cent lower.

    The Australian sharemarket is set to decline, with futures at 5.58am AEST pointing to a fall of 48 points, or 0.5 per cent, at the open. The ASX lost 0.5 per cent on Monday. The Australian dollar is stronger at US71.03¢.

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  • Soaring copper prices turn into bumper BHP payday as profits lift 9pc | BHP ready for copper boom…

    Soaring copper prices turn into bumper BHP payday as profits lift 9pc | BHP ready for copper boom…

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    Soaring copper prices turn into bumper BHP payday as profits lift 9pc

    BHP will pay its biggest dividend in four years as booming copper prices give it confidence to simultaneously reward shareholders and invest in several new mines.

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    BHP Group posts record FY26 earnings and flags copper-led future

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    Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.

    You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

    The mining giant has delivered a record result thanks partly to its copper operations.

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    The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.

    For more detailed information, explore updates concerning Soaring copper prices.

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  • Could the CSL share price reach $200 in 2027? | BlinkLab Limited (ASX:BB1) Share Price Falls 4.61…

    Could the CSL share price reach $200 in 2027? | BlinkLab Limited (ASX:BB1) Share Price Falls 4.61…

    Explore the latest developments concerning Could the CSL.

    Could the CSL share price reach $200 in 2027?

    The Motley Fool offers a range of services designed to help you achieve your financial goals. Click here to learn more about our membership options.

    Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.

    You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

    It might sound ambitious after recent struggles, but the valuation required to get there is less demanding than you might think.

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    The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.

    For more detailed information, explore updates concerning Could the CSL.

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  • The RBA doesn’t think it will raise rates again, but it doesn’t want you to know | RBA misreads h…

    The RBA doesn’t think it will raise rates again, but it doesn’t want you to know | RBA misreads h…

    Explore the latest developments concerning The RBA doesn't.

    The RBA doesn't think it will raise rates again, but it doesn't want you to know

    Michele Bullock says it's important Australians believe the RBA will hike rates if it needs to. (AAP: Dan Himbrechts)

    Every second meeting, the Reserve Bank's boffins produce a set of economic forecasts that guides the board's thinking for the next three months.

    The latest set of forecasts is good news for mortgage borrowers fearing further rate hikes.

    Inflation was dramatically lower than the RBA expected just three months ago in May, even though oil prices behaved much as expected.

    What's more, the bank continues to expect inflation to fall to the mid-point of its 2-3 per cent target range by the end of 2027, even though rates are tipped to be lower.

    RBA misreads hidden crisis as homeowners left with bad credit for common home act

    Australia’s Reserve Bank could be playing a game of financial Russian roulette with homeowners, relying on a statistical blind spot that could trigger another crippling interest rate blow.

    The RBA announced at its latest board meeting Tuesday that interest rates would be kept on hold, but noted that future rate rises remained a possibility.

    “The Board will continue to do what it considers necessary to bring inflation sustainably back to target, including increasing the cash rate target further if upside risks materialise,” The RBA said.

    But mortgage brokers have criticised the prospect of further rate hikes, arguing the RBA had a flawed understanding of just how far it could push homeowners.

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  • Court hears boy who died sleeping rough in skip bin was missing for days | First details emerge o…

    Court hears boy who died sleeping rough in skip bin was missing for days | First details emerge o…

    Explore the latest developments concerning Court hears boy.

    Court hears boy who died sleeping rough in skip bin was missing for days

    Police at the scene of the boy's death in 2021. (ABC News)

    An inquest is underway into the death of a 13-year-old-boy who was sleeping rough in an industrial skip bin at Port Lincoln in 2021.

    The First Nations boy died after a garbage truck driver collected the bin, but two other boys who had also been sleeping inside were not harmed in the incident.

    The inquest will focus on whether the young boy's family had appropriate support, and is expected to hear from agencies including the Department for Child Protection.

    A coronial inquest into the death of a 13-year-old First Nations boy who died after sleeping rough in an industrial skip bin has heard he was missing for five days before his death.

    Heartbreaking details emerge about teen boy killed after sleeping rough in garbage bin

    WARNING: Aboriginal and Torres Strait Islander readers are warned this story contains images of people who have died

    A court has heard heartbreaking new details about the life of a young boy who died while sleeping rough in an industrial bin and the growing questions over whether child protection authorities failed him.

    WATCH ABOVE: Inquest into Budda Spencers life before his death in a garbage truck begins in Adelaide

    Thirteen‑year‑old Budda Spencer’s family released a never‑before‑seen photo of the boy as the inquest into his death began on Monday, forcing his mother, grandmother and aunty to sit through confronting evidence about the final years of his life.

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