Your afternoon Briefing: Chris Bowen abandons negative gearing claims

Good afternoon, readers. Chris Bowen abandons negative gearing claims and James Packer might still get his deal after Wynn-Crown collapse.

Good afternoon, readers. Opposition treasury spokesman Chris Bowen today produced new figures on negative gearing and James Packer might still get his deal despite the Wynn-Crown takeover collapse.

Australian shadow Treasurer Chris Bowen prepares to deliver his speech to the National Press Club in Canberra, Wednesday, April 10, 2019.(AAP Image/Lukas Coch) NO ARCHIVING

Bowen changes his tune on negative gearing

Opposition treasury spokesman Chris Bowen has abandoned his previous claim only seven per cent of property investors buy new dwellings, saying it will be 22 per cent in the first year of Labor’s policy.

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SUNDAY NEWSPAPERS EXCLUSIVE. FEES APPLY, ONE TIME USE, NO ONSELL OR ONPASS. NO NEWS.COM. OR AUSTRALIAN.IMAGES EMBARGOED TILL 31ST MARCH 2019. AU_1530053 - *PREMIUM-EXCLUSIVE* ** RIGHTS: ONLY AUSTRALIA, NEW ZEALAND ** Aspen, CO - *EXCLUSIVE* - James Packer grabs coffee with his girlfriend and friends while wearing some sort of device under his shirt that appears to be for medical purposes. The device becomes more apparent when James is standing. Pictured: James Packer BACKGRID Australia 27 MARCH 2019 BYLINE MUST READ: NEMO / BACKGRID Phone: + 61 419 847 429 Email: [e-mail]

Packer might still get his deal

Scepticism and a senior source leak likely sunk James Packer’s $10 billion deal with Wynn, but it’s also put a swag of suitors on notice.

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Bill Shorten (circled, left, bottom right) attends the wedding of the daughter of Huang Xiangmo (circled, top right) at the Shangri-La Hotel in Sydney in 2016.

Pics show Shorten at Huang nuptials

Bill Shorten is facing further scrutiny over his relationship with a Chinese businessman and former ALP donor Huang Xiangmo following the release of wedding photographs.

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A crane is seen after it collapsed on two houses in Yarraville, Melbourne, Wednesday, April 10, 2019. (AAP Image/Daniel Pockett) NO ARCHIVING

Two injured in crane collapse

A crane has collapsed on two houses in Melbourne’s inner west, injuring two workers.

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(FILES) This handout file photo released on October 31, 2018 by the European Southern Observatory (ESO) shows an image taken by an exquisitely sensitive Gravity instrument which has added further evidence to the long-standing assumption that a supermassive black hole lurks in the centre of the Milky Way. (Photo by HO / European Southern Observatory / AFP) / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO /ESO " - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS

Black hole to be revealed

The first image of a black hole will be released tonight, and could challenge Einstein’s theory of general relativity.