Top World News
Landlords ‘leveraging up’ by exploiting property tax rules are fuelling Australia’s housing affordability crisis, analysis finds
Mar 31, 2026 - World 
Exclusive: Capital gains tax discount and negative gearing rules created ‘extra artificial incentive’ for property speculation, the e61 Institute has foundGet our breaking news email, free app or daily news podcastThe combination of the capital gains tax discount and negative gearing rules has turbocharged debt-fuelled property speculation over recent decades, according to a new analysis of hundreds of thousands of property investments.The federal budget in three weeks’ time is widely expected to include changes to tax breaks for investors, in an effort to rebalance the tax system away from the wealthiest Australians and to take pressure off home prices. Continue reading...
Why US Targeted Iran's Isfahan With 900-kg Bunker Buster Bombs
Mar 31, 2026 - World 
Isfahan is a strategic hub that houses Iran's military bases and defence industry. The central city is also home to one of three uranium enrichment sites bombed by the US in the 12-day conflict between Iran and Israel in June.
King’s state visit to US will take place in April despite calls to delay amid Iran war – UK politics live
Mar 31, 2026 - World 
The king will address Congress during the visit, which will commemorate the 250th anniversary of American independenceQ: What do you make of the suggestion that Donald Trump could end the Iran war without securing the strait of Hormuz? Or do you think he should finish the job?Farage replies:I don’t think we should take literally anything right now that Donald Trump says … And then the last thing he’s going to do, or the last thing his colleagues in the White House are going to do, is to give the Iranians any idea of what their true intentions are.Was it to remove nuclear capability? Was it aimed at regime change? I don’t think any of us quite know the absolute truth about that.The problem is any third party inquiry is a waste of space unless you can subpoena police officers, social services, civil servants who were all part of turning the collective blind eye. And I think everything this government has done on this issue is an attempt to literally kick the can down the road, to not fully open this up. Continue reading...
Middle East crisis live: Trump tells allies to go to strait of Hormuz and ‘just take fuel’
Mar 31, 2026 - World 
The US president made the remarks on social media and said other countries, ‘like the UK’, need to learn how to fight for themselvesSaudi Arabia’s defence ministry has said it has intercepted and destroyed ten drones over the past hours, and eight missiles launched towards the Riyadh area and the country’s eastern region.Early this morning Kuwait said its air defences were responding to hostile missile and drone attacks. Neither Saudi Arabia nor Kuwait said where the drones or missiles came from.Iran attacked and set ablaze a fully loaded crude oil tanker off Dubai. Local authorities later said response teams contained the incident with no oil leakage and that no injuries had been reportedDonald Trump warned that the US would obliterate Iran’s energy plants and oil wells if it did not open the strait of Hormuz.The Israeli military said four soldiers had been killed in combat in southern Lebanon, where its forces are clashing with Iran-backed Hezbollah.Two giant Chinese container ships have sailed through the strait of Hormuz on their second attempt to leave the Gulf after turning back on Friday, ship-tracking data shows. The transit signals a diplomatic breakthrough between Beijing and Tehran as Iran widens its list of approved nations for transiting the vital route, Lloyd’s List reported.Indonesia’s foreign minister called for an emergency UN security council meeting and a thorough investigation” into a “heinous attack” after three UN peacekeepers from Indonesia were killed in southern Lebanon.Blasts were heard in Tehran and power cuts hit some areas of the capital, Iranian media reported on Tuesday. Israel earlier carried out missile strikes on what it called military infrastructure in Tehran and infrastructure used by Hezbollah in Beirut.Japan and Indonesia agreed to step up coordination on energy security, Japanese PM Sanae Takaichi said on Tuesday.Two Iranian missile launches targeted central Israel, Israeli media reported, with the emergency service saying it had not received reports of any injuries.Turkey reported a ballistic missile launched from Iran had entered Turkish airspace before being shot down by Nato air and missile defences.An earlier summary of key developments is here. Continue reading...
Karl Turner has Labour whip suspended after criticism of Starmer and No 10
Mar 31, 2026 - World 
MP for Hull East had recently given interview with Jody McIntyre, campaigner who stood against Jess Phillips in 2024The MP Karl Turner has lost the Labour whip, after making a series of interventions criticising Keir Starmer and No 10, especially changes to jury trials.The decision is understood to have been prompted by an interview given by Turner, the MP for Hull East, to Jody McIntyre, a campaigner who had previously stood at the 2024 elections against Labour’s Jess Phillips. Continue reading...