Millions of property investors could face new limits on negative gearing, with the Albanese Government considering capping the tax break to just two investment properties as it looks to repair the budget deficit.
Treasury is reviewing possible changes to negative gearing alongside reforms to the capital gains tax (CGT) discount for existing properties, amid mounting pressure over housing affordability.
The housekeeper who worked for Utah grief author Kouri Richins has testified that she supplied her with the drugs the prosecution says the mom-of-three used to murder her husband.
Richins, 35, was arrested in connection with the death of her husband Eric, 39, in May 2023 and finally went to trial in Park City, Utah, on Monday.
Pakistan's defence minister has declared 'open war' on Afghanistan, as his country's military launched a volley of airstrikes in response to a Taliban attack on the border.
Kabul, Afghanistan's capital, was rocked by multiple explosions in the early hours of Friday, with dramatic footage broadcast by Pakistani news apparently showing major blasts.
Millions of property investors could face new limits on negative gearing, with the Albanese Government considering capping the tax break to just two investment properties as it looks to repair the budget deficit.
Treasury is reviewing possible changes to negative gearing alongside reforms to the capital gains tax (CGT) discount for existing properties, amid mounting pressure over housing affordability.
Democratic and Republican lawmakers are calling on Donald Trump's top economic adviser to testify over his relationship with Jeffrey Epstein after a new photo from the Department of Justice files emerged.
The photo purports to show Commerce Secretary Howard Lutnick alongside Epstein and three other unidentified individuals on a tropical island.
Amanda Knox has sparked outrage by launching a podcast series which will examine Lucy Letby's murder convictions and question how people 'look for scapegoats instead of the truth'.
Knox, 38, from Seattle, was convicted of murdering British student Meredith Kercher 21, at their shared home in Perugia, Italy, in November 2007 before her conviction was overturned and she was released from prison in 2011.
Embarrassing footage shows the moment a brawl breaks out between parents at an under-14s football match as children are forced to pull the adults apart.
The fight was sparked when one of the children was sent off the pitch during the match between Trefelin BGC and Aberkenfig BGC last Saturday in Wales.
Two men from wealthy families - with ample opportunities for their futures - are now in police custody over the alleged botched kidnapping that left an innocent elderly man dead.
Gerard Andrews, 29, and Daniel Stevens, 24, faced Blacktown Local Court in Sydney's west on Thursday over allegations they abducted and murdered 85-year-old Chris Baghsarian between February 13 and 14 in a disturbing case of mistaken identity.
Official observers tonight raised the alarm about 'high levels' of illegal 'family voting' in the Gorton and Denton by-election.
Democracy Volunteers, who sent accredited observers across the Greater Manchester seat on Thursday, expressed fears about major breaches of electoral law.
Sir Keir Starmer is facing an anxious wait as votes are counted in the Gorton and Denton by-election.
The Prime Minister is fearing another devastating Labour loss with both Reform UK and the Green Party holding high hopes of winning the Greater Manchester seat.
The former Duchess of York demanded to travel first class after asking Jeffrey Epstein to pay for her and her daughters' flights to visit him after he was freed from jail, new emails reveal.
Messages show the convicted sex offender's staff were instructed to ignore Sarah Ferguson's repeated calls and emails requesting that her already luxurious business class seat be upgraded.
New York City Mayor Zohran Mamdani - after meeting with Donald Trump in the Oval Office - claims the president will release a woman after immigration agents arrested her.
Mamdani made a last-minute, unannounced visit to Washington to meet with the president on Thursday. The session was not on the president's public schedule.
