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  • Labor unveils ‘widow tax’ fix after negative gearing backlash | It’s not only a widow tax. New …

    Labor unveils ‘widow tax’ fix after negative gearing backlash | It’s not only a widow tax. New …

    Explore the latest developments concerning Labor unveils 'widow.

    Labor unveils 'widow tax' fix after negative gearing backlash

    Jim Chalmers says the proposed legislation would ensure Labor’s tax changes applied to people in a range of circumstances. (ABC News: Ian Cutmore)

    Labor has proposed changes to ensure people who inherit an investment property from a spouse do not lose existing access to negative gearing.

    The government is also consulting on carve-outs and changes covering newly built homes, affordable and disability housing and its new capital gains tax system.

    The public has two weeks to give feedback on the proposal and Labor is flagging further tranches of legislation implementing its tax changes.

    Australians who inherit an investment property from their spouse will not lose any existing negative gearing access under changes proposed by Labor to fix the so-called "widow tax".

    It’s not only a widow tax. New CGT hurts mothers too

    By decoupling capital gains taxation from individual marginal tax rates, the new regime systematically penalises women when taking time out of the workforce.

    Female workforce participation rates are at record highs, the government’s Paid Parental Leave (PPL) scheme now spans 26 weeks, childcare subsidies have expanded, and the gender pay gap is at a historical low.

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    Widows and divorcees protected as Labor reveals details of tax backdown

    Widows and divorcees who faced losing access to capital gains and negative gearing concessions under the federal government’s budget overhaul of property taxes will be protected under a suite of changes revealed by Treasurer Jim Chalmers.

    Amid growing criticisms of Chalmers’ handling of the reforms aimed at making housing more affordable for younger Australians, the treasurer on Tuesday confirmed key details of the government’s planned amendments to controversial tax legislation.

    It was revealed in June that jointly owned assets, such as a property owned by a couple, would not qualify for the grandfathered exemptions to the budget changes to negative gearing and capital gains tax if they were transferred to single ownership.

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  • Widow’s Bay review – Matthew Rhys’ intoxicating comedy-horror is an absolute blast | Review…

    Widow’s Bay review – Matthew Rhys’ intoxicating comedy-horror is an absolute blast | Review…

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    Widow’s Bay review – Matthew Rhys’ intoxicating comedy-horror is an absolute blast

    Mare of Easttown meets Schitt’s Creek in this rich, wonderful and laugh-out-loud series, in which a put-upon mayor tries to turn a cursed New England island into a tourist hotspot

    What do you do if you want your charming little island off the coast of New England to become the next Martha’s Vineyard, but it’s full of legends about local cannibalism, sea hags, clown killers, poison fog and boogeymen who slaughter teenage girls in their beds? And what if it is full of sea hags, poisoned fog and clown killers, which doesn’t bode well for the mythical status of the cannibalism and boogeyman tales?

    Review: Nodding to 'Jaws,' 'Widow's Bay' casts a shadow on an island with strange happenings

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    In “Widow’s Bay,” premiering Wednesday on Apple TV, Matthew Rhys plays Tom Loftis, the mayor of a town on an island 40 miles off the coast of New England. At first, we don’t quite know when we are — the TV sets are cathode ray, the phones are landlines and a cigarette machine sits in the town bar. Wi-Fi and the web are mere rumors. Is it quaint? Or is it creepy?

    We are, in fact, in the present day. Though Tom has lived in Widow’s Bay since the birth of his (now teenage) son, Evan (Kingston Rumi Southwick), and spent summers there growing up, he can come across as both new to town and new to the job. Apart from Rev. Bryce (Toby Huss, always glad to see you), he seems to have few friends — he knows people, obviously, but many mock him, for no clear reasons, as cowardly and soft. (He was elected mayor only because he ran unopposed.) His big idea is to make the island a tourist destination, and to that end, he has convinced a New York Times travel writer to visit; much goes wrong, but an article is written, and the tourists come.

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    ‘Widow’s Bay’ Is the Best Stephen King Mixtape Ever

    Up along the edges of New England, just a ferry ride away from the coastline, lies the quaint island town of Widow’s Bay. It’s populated by working-class locals and families that go back several generations, the kind of place perfect for summer vacations and killer lobster rolls. Go past the Salty Whale, one of the better restaurants on the island, and you’ll find the historical center, which is dedicated to preserving Widow’s Bay legacy. Yes, it has a checkered past — pity about the cannibalism-in-the-church incident back in the 1800s — but what town that dates back to the beginning of this great American experiment doesn’t?

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