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The negative gearing rent bomb fails to ignite

As the debate over the impact of the changes to negative gearing and the capital gains tax discount on existing residential property continues, claims keep spreading that the Albanese government’s budget marked a tipping point for rising rents. This claim is made daily on social media, with these narratives frequently permeating the mainstream as quotes The post The negative gearing rent bomb…

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US stocks dip, oil prices surge on renewed hostilities

Oil prices jumped more than two percent on Monday, with the Brent international benchmark rising above US$90 a barrel after a fresh flare-up in the US-Iran war.

  • Brent oil price surpasses $90 per barrel amid US-Iran tensions
  • US Federal Reserve chief Kevin Warsh warns of imminent rate hikes
  • Iran retaliates with missile strikes against US bases in Jordan

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