More than $70 billion in potential revenue has been forgone since Labor took office, according to new analysis that is fuelling calls for the Albanese Government to hold a national plebiscite on a gas export tax.
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Housing unaffordability has always had a pretty obvious cause. When the Howard government introduced a 50% discount on capital gains, it set the housing market aflame. Investors flocked into the system knowing that now they could negative gear properties to reduce their tax, and they could easily make up the loss when they sold the property because half of the profit would be tax free.
Excessive election signage in New South Wales has become an “arms race”, with a parliamentary committee finding it creates safety risks, visual clutter and an uneven playing field for candidates around polling places. The Joint Standing Committee on Electoral Matters has recommended the NSW Government establish a 100-metre restricted signage zone around voting booths ahead of next year’s state election.
A move to ban the gambling industry from making political donations has been launched in the ACT, as calls grow for stronger safeguards against the sector’s influence. Independent Member for Kurrajong Thomas Emerson has introduced a Private Member’s Bill to the ACT Legislative Assembly, arguing financial ties to the industry risk undermining gambling reform.
Almost nine in ten NSW residents support truth in political advertising laws, according to polling cited by a new push for reforms before next year’s state election. The findings come amid growing concern about misinformation, deepfakes and AI-generated content, with advocates warning voters are increasingly being exposed to false and misleading political claims online.
An influential farming group has called for reform of Australia’s largest fossil fuel subsidy, the $10 billion per year Fuel Tax Credit Scheme (FTCS). The call comes in a new report, Energy Sovereignty for Regional Australia, commissioned by Farmers for Climate Action and written by University of Western Australia Adjunct Professor Ray Wills.
The Queensland Museum is facing scrutiny from the state’s information watchdog over its handling of a right-to-information request seeking details about its partnership with Shell’s Queensland Gas Company (QGC) business.
Australia has backed an ambitious global electrification target, with Climate and Energy Minister Chris Bowen declaring “the world is having an electrification moment”. Greenpeace welcomed the initiative but said limiting global warming to 1.5°C would require a rapid phase-out of fossil fuels, alongside greater electrification.
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