Canada

A rise in the cost of community support like cafe visits and assistance with dog walks is driving a significant blowout of the scheme’s overall budget.

Australian Financial Review

NDIS spends $12b on support for walks, movies, haircuts ↗

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The US President said he expected that many of countries affected by the loss of oil supplies would be willing to send warships to help keep the strait open.

Australian Financial Review

Trump calls for help from allies, China to open besieged oil route ↗

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Iran declares Ukraine a ‘legitimate target’; Israel and Lebanon to talk as Hezbollah war rages; Iran attacks UAE oil facilities. Follow live updates.

Australian Financial Review

‘Many countries’ will send ships to open Strait of Hormuz, says Trump ↗

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Allegra Spender lobbed a $29 billion grenade into the tax debate, arguing Australia is becoming a place where your “parents’ balance sheet matters more than your own ambition”.

Australian Financial Review

Someone else just wrote Jim Chalmers’ big tax reform plan ↗

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The Islamic Republic has been smashed, but it has not collapsed. Two weeks into the conflict, the regime remains resilient and continues to inflict global costs.

Australian Financial Review

The Iran war may not be won by the side that’s more powerful ↗

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Canberra is poised to renew taxpayer subsidies for Australia’s two remaining refineries as the Iran crisis highlights supply chain vulnerabilities.

Australian Financial Review

Government in final stages of negotiations with oil refiners ↗

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The government could raise enough from trimming the tax break on capital gains for investment properties and shares to provide an about $600 a year tax cut for workers.

Australian Financial Review

CGT change could raise $9b – but with a catch for existing investors ↗

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An avalanche of fresh angst is smashing the private credit sector. Real problems appear limited, but that isn’t stopping fear spreading.

Australian Financial Review

Even war can’t stop private credit’s cockroach fear feeding on itself ↗

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