Keating Warns on Tax Changes

Former PM Paul Keating is warning Labor not to soften capital gains tax changes, arguing that exempting commercial assets would worsen economic distortions and hurt small businesses. He insists the current 50% discount has pushed wealth into housing, and while housing reform is good, the tax shift must be consistent. Meanwhile, inflation dips to 4.2% but rate hikes loom; a Nebraska dog shoots a woman in a bizarre incident; Indonesian glaciers vanish in alarming footage; and an independent senator puzzles over gambling ad loopholes that let sponsorships sneak in while ads can’t reach opted-out viewers. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/af1d9dd7761a4eaa