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Economists defend capital gains changes despite flaws as business groups line up in opposition

Labor’s proposal to overhaul negative gearing and the capital gains tax has some design flaws but is better than the current system, according to several leading economists who appeared before a parliamentary inquiry on Monday. The first day of hearings was shaped by warring contributions from elated progressive groups, who argued the tax package would…

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Drug harm advocates warn the Canberra Liberals’ proposal to recriminalise methamphetamine ignores evidence

The rise in methamphetamine use in the ACT is “extraordinary”, according to the Canberra Liberals, and the party has promised to recriminalise both possession and use if elected to government. But drug harm reduction advocates warn this commitment ignores evidence and further stigmatises drug users. The ACT Legislative Assembly passed laws which decriminalised the possession…

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Sydney mother mauled by shark at Coogee Beach has undergone ‘multiple surgeries’, family says

The family of Sydney mother Leah Stewart, who was mauled by a shark last weekend, says she has undergone “multiple surgeries”. Ms Stewart was swimming at Coogee Beach when she was bitten while swimming between the flags just before 11am on Saturday. The 35-year-old was taken to St Vincent’s Hospital in critical condition. Her family…

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