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Union boss Sally McManus has called on Labor to limit tax benefits for Australians with multiple investment properties to address intergenerational equity and housing affordability, proposing a five-year plan to restrict negative gearing and capital gains tax to one property. This change could generate $1.5 billion annually and aims to alleviate the housing crisis impacting younger generations, urging Labor to act decisively. Want More Context? 🔎
Read moreLancaster, the capital of Lancashire, offers rich history and attractions, highlighted by King Charles III's recent visit. Key sites include Lancaster Castle, the Historic Quarter, Lancaster City Museum, scenic waterways, and Williamson Park featuring the Ashton Memorial. Want More Context? 🔎
Read moreChilean copper miner Codelco has discovered the remains of one of five trapped miners at its El Teniente mine, raising the death toll to two following a collapse caused by a 4.2 magnitude earthquake. Rescue efforts are ongoing, with Codelco clearing over 20% of the blocked tunnels, but progress is cautious and slow as investigations into the cause of the accident continue. Want More Context? 🔎
Read moreAnti-immigrant and anti-racism protests erupted outside the Thistle City Barbican Hotel in London, where demonstrators criticized the housing of asylum-seekers, chanting slogans like "Britain is full." The protests, fueled by concerns over safety and organized in part by far-right groups, follow a pattern of recent tensions surrounding immigration, exacerbated by misinformation and fears related to crime. Want More Context? 🔎
Read moreWild weather is impacting Australia, with severe storms and high winds expected in Western Australia, while northern New South Wales faces heavy rain and flooding, leading to power outages for tens of thousands. The NSW State Emergency Service has responded to numerous incidents, warning residents of major flood threats and urging caution near dangerous coastal conditions. Want More Context? 🔎
Read moreUkrainian drone strikes in Russia have resulted in three fatalities and targeted key military and energy sites, including oil refineries and a military airfield. In response, Russian air defenses intercepted numerous drones, while Ukraine's military reported significant attacks on Russian infrastructure following a deadly Russian assault on Kyiv that killed 31 civilians. Want More Context? 🔎
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Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.