👀 JUST IN: MAJOR CHANGES TO NEGATIVE GEARING AND CGT ANNOUNCED IN FEDERAL BUDGET

Labor has announced major property tax changes in the 2026 federal budget, handed down on May 12.

Negative gearing for new investors will be limited to new builds from July 1, 2027, while existing investment properties bought before budget night will be grandfathered.

The 50% capital gains tax discount will also be replaced with an inflation-linked system and a new minimum 30% tax on gains from July 1, 2027.

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⁉️ JUST IN: VICTORIA ANNOUNCES $1.6 MILLION IN LGBTIQA+ GRANTS

The Victorian Government has announced $1.6 million in funding for 14 LGBTIQA+ organisations across the state.

The grants will support projects running from April 2026 to November 2027, including services for young people, regional communities, temporary visa holders and gender-diverse Victorians.

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🚨 MAN CHARGED AFTER TEEN STABBED AND HOUSE SET ALIGHT IN QLD

A 50-year-old man has been charged with attempted murder and arson after allegedly stabbing a 15-year-old boy and a 40-year-old woman during an altercation in Raceview, Ipswich.

The teenage boy remains in critical condition after the home on Cascade Street was allegedly set on fire following the attack.

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🚨 13-YEAR-OLD CHARGED OVER ALLEGED SCHOOL ATTACK PLOT IN QLD

A 13-year-old boy has been charged after police allegedly uncovered plans for an attack on a Maryborough school, describing it as an “imminent threat”.

Investigators allege the teenager had been consuming violent extremist material and admitted wanting to kill people for months. He is the first person charged under Queensland’s new anti-extremism laws.

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🚨 MACHETE BRAWL ERUPTS AT FLINDERS STREET STATION

Six people have been arrested after a violent brawl involving machetes broke out at Melbourne’s Flinders Street Station on Saturday night.

A 17-year-old boy was slashed and taken to hospital, while police seized multiple machetes and arrested five teenagers and a 22-year-old man.

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⚠️ HANSON OVERTAKES ALBANESE AS PREFERRED PM IN NEW POLL

Pauline Hanson has overtaken Anthony Albanese as Australia’s preferred prime minister in new Resolve polling, leading 33% to 29%.

One Nation also topped the primary vote on 29%, ahead of Labor on 28%, while support for the Coalition fell to a record low.

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⚠️ BABY FOUND ON ROADSIDE AFTER CAR STOLEN IN NORTH QLD

A 3-month-old baby was left on the side of a road in Townsville after thieves allegedly stole a ute with the infant still strapped inside.

The baby was found unharmed minutes later, while police later arrested six juveniles and recovered the stolen vehicle following an overnight search.

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⚠️ SYDNEY MOTHER FIGHTS FOR LIFE AFTER COOGEE SHARK ATTACK

Leah Stewart, a 35-year-old teacher and mother, remains in critical but stable condition after being mauled by a suspected 3.5–4 metre great white shark at Coogee Beach on Saturday.

The attack happened just 30 metres offshore while she was swimming between the flags. Drone footage later captured the shark circling near a dark patch in the water believed to be blood from the attack.

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👀 HANSON CALLS FOR END TO MULTICULTURALISM IN LANDMARK SPEECH

Pauline Hanson used her first-ever National Press Club address to call for lower immigration, major government reforms, and an end to what she described as Australia’s “failed” multicultural model.

The One Nation leader linked high migration to housing pressures and cost-of-living concerns, while outlining a broader nationalist vision for the country.

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⚠️ UPDATE: AFP INVESTIGATING SECURITY BREACH AT HANSON SPEECH

The National Press Club has referred a security breach to the AFP after activists allegedly gained unauthorised access to the venue and secretly installed a remote-controlled protest banner before Pauline Hanson’s address.

The banner was triggered from inside the room during the speech, with activist group GetUp! later claiming responsibility.

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🚩 GINA RINEHART CALLS FOR AUSTRALIA TO GIVE LAND TO ISRAEL

Mining billionaire Gina Rinehart has proposed offering land near Townsville to Israeli companies to build military drones in Australia.

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⚽️ SOCCEROOS SUFFER FIRST DEFEAT OF WORLD CUP CAMPAIGN

Australia has fallen 2-0 to the United States in its second Group D match at the 2026 FIFA World Cup.

The result leaves the Socceroos second in Group D on three points behind the USA, with Turkey and Paraguay still to face off after both lost their opening matches.

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🚨 RECORD $816 MILLION COCAINE BUST IN SYDNEY

Police have seized 2.7 tonnes of cocaine worth an estimated $816 million from hidden underground bunkers in Sydney’s west, marking the largest cocaine seizure in Australian history.

Investigators allege the drugs were concealed beneath false floors inside shipping containers on a property at Londonderry. Two men were arrested at the scene, while authorities say the seizure is linked to a major organised crime syndicate operating across Australia’s east coast.

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⚠️ JUST IN: KARL STEFANOVIC REPORTEDLY SET TO LEAVE CHANNEL NINE

Karl Stefanovic is reportedly set to leave Channel Nine after backlash over an interview with British activist Tommy Robinson on his independent podcast.

Multiple outlets report Nine held crisis meetings after the interview, with some claiming Stefanovic has been axed while others say an early exit from his contract is being negotiated. Nine has since distanced itself from the podcast.

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👀 VIRAL VIDEO OF NSW COP SHOVING HOMELESS MAN SPARKS BODYCAM REVIEW

A viral video showing a NSW Police officer appearing to shove and swear at a homeless man in Penrith has prompted an internal review.

Police say the man had allegedly been acting aggressively towards the public before officers intervened, with the full bodycam footage now under review.

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