NewsBite

Your noon Briefing: Labor sets date for property reforms

Your 2-minute digest of the day’s top stories and a long read for lunchtime.

Hello readers. Labor’s negative gearing changes will start from January 1 next year if it wins the election, and Greens manifesto slammed as destructive.

Opposition Leader Bill Shorten, Shadow Treasurer Chris Bowen and Shadow Financial Services Minister Clare O'Neil at a press conference at Parliament House, Canberra, today. Picture: Ray Strange.
Opposition Leader Bill Shorten, Shadow Treasurer Chris Bowen and Shadow Financial Services Minister Clare O'Neil at a press conference at Parliament House, Canberra, today. Picture: Ray Strange.

Gear change

Labor’s negative gearing changes will start from January 1 next year if it wins the May federal election.

-

house and bank in balance concept for balance of finances
house and bank in balance concept for balance of finances

Prices still tumbling

Housing price falls around the country are starting to ease but the effect of tighter bank lending has begun to seep into previously resilient markets, preliminary monthly data from researcher CoreLogic has shown.

-

The Greens Manifesto. Inset: Adam Bandt and Richard Di Natale.
The Greens Manifesto. Inset: Adam Bandt and Richard Di Natale.

Manifesto ‘destructive’

The Greens will today ­reveal plans to reduce military spending to bolster foreign aid, fight climate change and promote gender equity.

-

Donald Trump has asked the FBI to probe the Jussie Smollett.
Donald Trump has asked the FBI to probe the Jussie Smollett.

‘An absolute embarrassment’

Donald Trump has asked federal law enforcement agencies to investigate the Jussie Smollett case, while Chicago sent the actor a letter seeking $US130,000 ($184,000) in overtime for detectives who worked on the case — and threatened legal action for untimely payment.

-

Queensland Senator and One Nation leader Pauline Hanson (centre), flanked by party officials James Ashby (left) and Steve Dickson, speaks during a press conference in Brisbane, Thursday, March 28, 2019. Mr Ashby and Mr Dickson were caught in an al-Jazeera investigation which used hidden cameras and a journalist posing as a gun campaigner to expose the far-right party's extraordinary efforts to obtain funding in Washington DC in September. (AAP Image/Dan Peled) NO ARCHIVING
Queensland Senator and One Nation leader Pauline Hanson (centre), flanked by party officials James Ashby (left) and Steve Dickson, speaks during a press conference in Brisbane, Thursday, March 28, 2019. Mr Ashby and Mr Dickson were caught in an al-Jazeera investigation which used hidden cameras and a journalist posing as a gun campaigner to expose the far-right party's extraordinary efforts to obtain funding in Washington DC in September. (AAP Image/Dan Peled) NO ARCHIVING

‘Drug dealing mansion’

Part two of the Al Jazeera expose How to Sell A Massacre documentary shows Queensland One Nation Senator Steve Dickson bragging about how he would use the donation to hire “one of those drug dealing mansions on the beach” and shoot “the shit out of everything in the water” with “machine guns and everything”. It also shows a conversation with Mr Dickson and an American woman sharing “gun porn” on each other’s phones.

-

LONDON, ENGLAND - MARCH 27: British Prime Minister, Theresa May departs number 10 Downing Street for The Houses of Parliament on March 27, 2019 in London, England. Today MPs will vote on alternative plans for Brexit.(Photo by Dan Kitwood/Getty Images) ***BestPix***
LONDON, ENGLAND - MARCH 27: British Prime Minister, Theresa May departs number 10 Downing Street for The Houses of Parliament on March 27, 2019 in London, England. Today MPs will vote on alternative plans for Brexit.(Photo by Dan Kitwood/Getty Images) ***BestPix***

The long read: UK falters on the way out

The insanity of Brexit means May, if successful in forcing through her withdrawal agreement, has to give up her job. And Johnson will be a leading contender to take her spot. But if it fails, or it is not voted on, then she gets to stay on as Prime Minister. Jacquelin Magnay reports.

Jason Gagliardi

Jason Gagliardi is the engagement editor and a columnist at The Australian, who got his start at The Courier-Mail in Brisbane. He was based for 25 years in Hong Kong and Bangkok. His work has been featured in publications including Time, the Sunday Telegraph Magazine (UK), Colors, Playboy, Sports Illustrated, Harpers Bazaar and Roads & Kingdoms, and his travel writing won Best Asean Travel Article twice at the ASEANTA Awards.

Original URL: https://www.theaustralian.com.au/news/briefing/your-noon-briefing-labor-sets-date-for-property-reforms/news-story/17d4cca380444178b1ec0abd205ef51d