Your morning Briefing
Welcome to your morning digest of the top stories of the day.
Hello readers and welcome to your two-minute digest of what’s making news today.
Bogged down
The agency running the $22bn NDIS has faced a dramatic rise in people getting more money, and trying to access the scheme, with legal bills running to $10m a year.
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Magic pudding
Hell will freeze over before Chris Bowen presents a worse set of four-year budget figures than the Coalition, writes Judith Sloan, but his magic pudding economics that eliminates the cash refunds for franking credits will take $10bn from modest self-funded retirees whose assets and incomes put them just beyond the Age Pension.
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Anwar’s swipe
Anwar Ibrahim walked free from prison with a pardon and wasted no time in declaring that Australia’s ‘muted’ response to oppression in Malaysia was ‘painful’. Greg Sheridan suggests modern Malaysian history has surely pivoted after Anwar Ibrahim walked free from three years in prison yesterday.
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Boy toys
Home loan king John Symond has bought a new Bombardier Global Express (retail price: $80 million). The home loan entrepreneur Symond’s private jet — which he took possession of earlier in the year — will sit alongside his $100m Point Piper trophy home and the $130m, 73-metre super yacht Hasna.
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State of shock
Cameron Smith’s sudden and shock retirement from State of Origin could bite hardest on Ben Hunt and Darius Boyd, as the former attempts to make his mark for Queensland and the latter desperately clings to his place in the Maroons side.
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Kudelka’s view