Widespread relief over the government’s new plan for super taxes is giving way rapidly to concerns over details left swinging in the wind by Jim Chalmers. As investors digest the harsh reality that many will now face taxes twice as high as before in super, the adjusted tax plan is set to hit property investors most severely, especially those who have concentrated their holdings inside self-managed superannuation funds. The new deal also leaves questions unanswered around capital gains tax, along with highlighting new contradictions across the system with inflation indexing. James Kirby has more: https://bit.ly/3Jn0wI5.
The Australian
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Visit www.theaustralian.com.au for Australia's premier coverage of national and international news with specialised in-depth sections for business, politics, media, higher education, arts, lifestyle and IT. Follow @australian on Twitter, like us on Facebook or visit our Google+ page at google.com/+theaustralian. Download our apps or subscribe for access to exclusive content and analysis here: http://www.theaustralian.com.au/gettingstarted
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Melbourne Airport is set to trial a new taxi booking system that will see travellers pay a fixed fare upfront in an effort to deter illegal taxi touts. Taxi and payment services company A2B is leading the trial, that involves three taxi kiosks in the Qantas domestic terminal. Passengers can enter their destination address at the kiosks to secure and pay a fixed fare upfront. Robyn Ironside has more: https://bit.ly/42P0m2L
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Media Diary: Highly sensitive files exposing the scandalous allegations levelled at a host of major Nine stars have been leaked in a catastrophic clerical stuff up by the media giant’s own HR department. Diary can reveal the confidential documents, which detail serious accusations of inappropriate workplace behaviour, illicit drug use and unchecked bullying, have been inadvertently emailed to random staff members within the network who are completely unconnected with the complaints. Steve Jackson has more: https://bit.ly/4njUA0t
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Australia’s biggest gateways will roll out new procedures in coming weeks to help passengers avoid being ripped off by rogue cabbies giving others in the industry a bad name. Melbourne Airport is preparing to trial a new taxi booking system that will see travellers pay a fixed fare upfront in an effort to deter illegal taxi touts. Robyn Ironside has more: https://bit.ly/42P0m2L
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A furious Victoria Police commander has slammed violent left-wing ‘anti-racism’ activists who sparked chaos in Melbourne’s CBD, hurling rocks and bottles at police and injuring two officers. Read more: https://bit.ly/3Je8EdO
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Victoria’s new opposition Treasury spokeswoman says the Liberals can’t just complain about the Allan government – they need a plan to fix the state. Read more: https://bit.ly/3IPUijW
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Wind and solar projects are being chosen for underwriting by taxpayers before their impact on native species and biodiversity is determined. Communities say that’s just not right. More at: https://bit.ly/3L2dYBz
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Australia’s answer to ChatGPT has emerged with a distinctly local flavour, as Maincode launches an AI system that can decode AFL strategy and reflect national values. ‘Game-changer’: https://bit.ly/47nuR1o
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