Speaker 1: Treasury has released draft legislation to avoid suggestions changes in
Speaker 1: this year's budget brought about a widow's tax. The legislation
Speaker 1: is now subject to a two week consultation period and
Speaker 1: ensures people that a widow, divorced or victims of domestic
Speaker 1: violence are not disadvantaged by the tax changers. So under
Speaker 1: initial proposed changes to CGT negative gearing, inherited property would
Speaker 1: not have been eligible for tax exemptions if it changed
Speaker 1: hands because they weren't new bills. The opposition claims the
Speaker 1: government is now trying to clean up a mess of
Speaker 1: its own making. A former advisor to Anthony Albanesi is
Speaker 1: accusing the government of deprioritizing economic growth. Alex Sanchez a
Speaker 1: senior economic advisor to the Prime Minister between twenty nineteen
Speaker 1: and twenty twenty four, so he is there a while.
Speaker 1: He says the current regime is undoing economic ground work
Speaker 1: laid by the Hawk and Keating governments. He pointed to
Speaker 1: a lack of growth based reform, adding he had issues
Speaker 1: finding colleagues who shared his enthusiasm for it. Mister Sanchez
Speaker 1: added current economic conditions should result in far stronger budgets.
Speaker 1: NAB has issued a bleak forecast for Australia's housing market,
Speaker 1: with the Major Bank expecting prices to fall by as
Speaker 1: much as ten percent in some areas, while the Bank
Speaker 1: expects median dwelling values in Sydney and Melbourne to fall
Speaker 1: by as much as ten percent. Mid sized capitals could
Speaker 1: see falls a little less than that, between two percent
Speaker 1: and four percent, but still falling. NAB says property prices
Speaker 1: in almost every mainland capital are now in retreat and
Speaker 1: the declines are accelerating. Meanwhile, analytics group SQM has recorded
Speaker 1: a one point six percent rise in distressed property listings nationwide,
Speaker 1: the first annual increase since twenty twenty three. It's despite
Speaker 1: the Acting Prime Minister Richard Marles yesterday downplaying the concerns
Speaker 1: of rising amounts of negative equity for those first home
Speaker 1: buyers who picked up the five percent deposit scheme, after
Speaker 1: the Coalition claimed that number could be as high as
Speaker 1: thirty four thousand. Mass surgery cancelations loom in Victoria as
Speaker 1: doctors and the state prepare to walk off the job
Speaker 1: next Thursday. Strike would be the first strike in more
Speaker 1: than two decades after talks between the unions and the
Speaker 1: state government stalled. Workers are seeking a thirty percent pay
Speaker 1: rise over four years. The strike will affect the Royal Melbourne,
Speaker 1: Royal Children's and Royal Women's Hospitals. Russia has been accused
Speaker 1: of a war crime by Ukraine after a street vendor
Speaker 1: was storked and then attacked by a drone. This is
Speaker 1: chilling footage this, we can see it here. The man
Speaker 1: is running, literally running for his life and he ended
Speaker 1: up suffering shrapnel wounds too, concussion and shock from that attack.
Speaker 1: And it was shared by the Ukrainian President of Voladimir
Speaker 1: Zelinsky on telegram where he claims Russian soldiers are enjoying
Speaker 1: the killings. The Russia's Defense Ministry is yet to provide
Speaker 1: any type of comment on this just at this stage,
Speaker 1: but you can imagine how scary that would be. The
Speaker 1: fifty two year old vegetable vendor named Yuri explained the
Speaker 1: horror of being chased trying to convince the drone of
Speaker 1: his innocence. My wife started running and it begun turning
Speaker 1: at us. I was trying to show it. Look, it's
Speaker 1: just vegetables, there's nothing here. But then it started coming
Speaker 1: straight at me. So I started running. But where he's
Speaker 1: supposed to run to a bomb shelter. It's terrifying, of course,
Speaker 1: it's just it's terrifying.