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US delegation walks out as Iran’s Pezeshkian angrily responds to Trump at UN General Assembly - live

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The price of a basket of items in Coles, Woolworths, IGA and Aldi increased to an average of $43.62, survey says Get our new political email , free app or daily news podcast Groceries have become more expensive at all four of Australia’s major supermarket chains, with the average price of a basket of essentials increasing by 7% between March and June, new analysis has found. The consumer advocacy group Choice on Thursday released its 10th quarterly government-funded survey of supermarket prices, which it assessed by filling a basket with eight common grocery items at 104 different stores in June. Sign up for Guardian Australia’s Politics, really newsletter here Continue reading...

Property investors may pay less capital gains tax under Labor’s reforms, analysis suggests
Researcher says public debate since May budget has overstated how much reforms will cost landlords and investors Get our new political email , free app or daily news podcast Most property investors may end up paying less capital gains tax after Labor’s budget reforms , research based on an analysis of historical data suggests. The e61 Institute’s analysis also found half of all landlords would have faced higher costs from the loss of negative gearing over the period from 2008 to 2025 if the new system had been in place, suggesting the tax reforms alone cannot explain a slump in investment demand. Continue reading...

Gas lobby ‘scare campaign’ urges Victoria to scrap ban in new homes, leaked documents show
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