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Chaos: Trump drops weather BOM, super tax delay demand, EVs power down

Chaos: Trump drops weather BOM, super tax delay demand, EVs power down

The Advertiser14 hours ago
The day has arrived for the Trump administration to blow the whistle on a new tariff regime that will do no less than upend and reshape the current global economic order.
The Australian government was cock-a-hope last week after the US president left the nation sitting on his minimum whack in a 10 per cent global benchmark, saying it franked its low-key negotiating tactics that were condemned by the Coalition.
However, as is often the case, President Trump's silk glove announcement contained a sledgehammer after he revealed this week that a 250pc levy could be slapped on Australian pharmaceutical exports, leaving Labor leaders with a fight to talk the nation out of the heavy impost.
Prime Minister Anthony Albanese will have a few hours above the Tasman to mull the human hurricane that is Donald J. Trump on his way to the Australia-New Zealand leaders' meeting being held in the Shaky Isles this weekend.
Meanwhile, a few hours the White House announced that federal law enforcement officers representing the FBI, DEA, ATF, ICE and the Park Police would be sent to patrol the streets of the nation's capital for the next week in reaction to an assault on a Department of Government Efficiency worker.
"Washington DC is an amazing city, but it has been plagued by violent crime for far too long. President Trump has directed an increased presence of federal law enforcement to protect innocent citizens. Starting tonight, there will be no safe harbour for violent criminals in DC," White House press secretary Karoline Leavitt said.
Speaking of President Trump, if you had a 2025 bingo card that predicted he would somehow disrupt global weather forecasts, you're likely holding a winner.
In continuing on his mission of upending Biden-era emissions reduction policies and global climate targets, the president has revealed in a fresh budget request that he wants to savagely cut funding to US science and climate agencies, including NASA and the National Oceanic and Atmospheric Administration.
Both play a key role in formulating domestic weather forecasting data that is then fed into the work of agencies around the globe, including Australia's Bureau of Meteorology, to formulate both short and long-term modelling relied on by a range of economic sectors, including agriculture.
It follows the cutting of more than 1000 NOAA jobs as part of Elon Musk's DOGE mass federal layoffs and President Trump's slashing of a significant slab of science-related research and development grants.
The incoming director-general of the European Centre for Medium Range Weather Forecasting, one of the world's leading forecasting services, Florian Pappenberger, admitted that the combination of those moves would have global ramifications and "without a doubt" lead to a diminished reliability in forecasts for agencies around the world.
"The forecast will not be as good," he said.
"There's no question about that. We will lose forecast skill."
The president said he wants the NASA funding to be diverted into programs to beat China back to the moon and put the first human on Mars.
While far from waving the white flag in its long fight to have the idea scrapped entirely, Self Managed Super Fund Association chief executive Peter Burgess said this week that the lobby group was also urging Treasurer Jim Chalmers to defer implementing his super tax changes should the measures pass through the Senate and into law.
The contentious plans include doubling the tax on the proportion of fund balances over $3 million from 15 per cent to 30pc.
The two most divisive aspects of the plans, as they stand, are that the changes would apply to unrealised capital gains and, to a lesser degree, that they will not be indexed.
However, while Dr Chalmers still must reintroduce the legislation, the process technically started on July 1 with Labor planning to make the bill retrospective.
Addressing the contentious Division 296 legislation during his opening address at the SMSF Association's 2025 technical summit, Mr Burgess said that while the government would argue that the measure was announced two years ago, "it is completely unreasonable to expect individuals to respond to legislation before it becomes law".
"The Government has previously acknowledged the need for a long lead time to allow impacted members to consider the impact and make the necessary changes to their superannuation arrangements," he said.
Mr Burgess is also preparing proposed amendments to put in front of the Coalition, which remains totally against the measures.
"Those amendments would seek to take unrealised capital gains off the table, which would be great for farmers and small business owners," he told ACM.
"The Coalition can dig in their heels and say they don't agree with any amendments, or try and do the right thing by their heartland."
Questions around consumer law are being pondered after on-road testing has revealed that some of Australia's best-selling electric vehicles failed to meet their advertised range on a single charge and consumed significantly more power than manufacturers had promised.
The Australian Automobile Association released the results on Thursday after road-testing five EVs under its federally funded, $14 million Real-World Testing Program.
The Chinese-manufactured BYD Atto 3 SUV performed the worst in running out of juice a stunning 111km short of its spruiked range, as well as using 21pc more power than advertised, prompting industry stakeholders to call the result "not good enough".
The energy consumption tests were performed on a 93km circuit around Geelong in Victoria in damp and dry conditions.
In other results, Elon Musk's Tesla's entry-level electric car, the Model 3, fell 14pc below the advertised range, or 72km, and used 6pc more power than lab testing.
Next were the Tesla Model Y and Kia EV6 SUVs with both falling 8pc short of promised ranges, or just over 40km, while the Smart EV 3 was 5pc below the advertised distance.
The results should be a concern for a Labor government and regional Australians looking down the road at an EV-dominated future.
Charging stations have been as rare as hen's teeth outside the peri-urban fringes for years and, while installations are increasing and more are being placed along major highways, their placement has been predicated on those manufacturer lab tests.
It appears yet another regional and remote connectivity "blackspot" needs to be addressed.
The Invasive Species Council has welcomed a $2.8 million federal funding announcement to strengthen bird flu biosecurity across captive-breeding threatened species programs - calling it a vital step in national preparedness for H5 avian influenza.
The funding - delivered through the Zoo and Aquarium Association - is part of Labor's broader $100m investment to prepare and protect the nation against H5.
It will be sprinkled around 23 facilities, from the Currumbin Wildlife Park on the Gold Coast to Adelaide Zoo, in a bid to protect over 20 threatened species from the virus.
ISC policy director Carol Booth said the measure should be the "proactive, collaborative and science-led" blueprint for future wildlife preparedness exercises.
"It's exactly the kind of forward-looking action Australia needs to prepare for wildlife emergencies before they hit,' Dr Booth said.
In a major win for the nation's biosecurity efforts, it was announced last month that Australia has been officially declared free from high-pathogenicity avian influenza in poultry.
The government has also confirmed that Australia remains free of the H5N1 strain, a subtype of avian influenza that remains on its doorstep and has created havoc across entire continents.
The highly contagious strain has infected more than 500 wild bird species and 90 mammalian species overseas and, while these were mainly marine mammals and bird-eating scavengers, "spillover" cases have been detected in dairy cattle, cats, goats, alpacas, and pigs.
A sheep was also infected after being exposed to a highly contaminated environment in the UK.
Asia has been significantly impacted by the H5N1 strain with cases being reported in several countries, including multiple human fatalities linked to the virus in Cambodia notwithstanding that human infections are rare.
Dr Booth added that while the funding announced by Environment Minister Murray Watt and Agriculture Minister Julie Collins on Friday would safeguard animals in captivity, "we now need the same level of urgency and coordination for protecting wildlife in the wild", including in high-risk areas like wetlands, seabird colonies and coastal haul-out sites for seals.
In an opinion article published by ACM this week, Australia's Energy Infrastructure Commissioner Tony Mahar said that the clean energy transition was a big, complex, fast-moving train that has well and truly departed the station.
He warned that if regional communities continue to be left on the platform as the train disappears down the track, they would also be standing in the rubble of a "disastrous trail of lost trust, unfairness, and missed economic opportunity".
"Too many rural and regional communities feel like this transition is being done to them, not with them," he said.
"Projects are being announced, good people are being approached by charlatans and salespeople looking for a quick sale and signature under a veil of non-disclosure secrecy.
"Timelines are being set and decisions made, while locals are left feeling like bystanders in their own backyards. That's not just unfair, it's unsustainable."
The day has arrived for the Trump administration to blow the whistle on a new tariff regime that will do no less than upend and reshape the current global economic order.
The Australian government was cock-a-hope last week after the US president left the nation sitting on his minimum whack in a 10 per cent global benchmark, saying it franked its low-key negotiating tactics that were condemned by the Coalition.
However, as is often the case, President Trump's silk glove announcement contained a sledgehammer after he revealed this week that a 250pc levy could be slapped on Australian pharmaceutical exports, leaving Labor leaders with a fight to talk the nation out of the heavy impost.
Prime Minister Anthony Albanese will have a few hours above the Tasman to mull the human hurricane that is Donald J. Trump on his way to the Australia-New Zealand leaders' meeting being held in the Shaky Isles this weekend.
Meanwhile, a few hours the White House announced that federal law enforcement officers representing the FBI, DEA, ATF, ICE and the Park Police would be sent to patrol the streets of the nation's capital for the next week in reaction to an assault on a Department of Government Efficiency worker.
"Washington DC is an amazing city, but it has been plagued by violent crime for far too long. President Trump has directed an increased presence of federal law enforcement to protect innocent citizens. Starting tonight, there will be no safe harbour for violent criminals in DC," White House press secretary Karoline Leavitt said.
Speaking of President Trump, if you had a 2025 bingo card that predicted he would somehow disrupt global weather forecasts, you're likely holding a winner.
In continuing on his mission of upending Biden-era emissions reduction policies and global climate targets, the president has revealed in a fresh budget request that he wants to savagely cut funding to US science and climate agencies, including NASA and the National Oceanic and Atmospheric Administration.
Both play a key role in formulating domestic weather forecasting data that is then fed into the work of agencies around the globe, including Australia's Bureau of Meteorology, to formulate both short and long-term modelling relied on by a range of economic sectors, including agriculture.
It follows the cutting of more than 1000 NOAA jobs as part of Elon Musk's DOGE mass federal layoffs and President Trump's slashing of a significant slab of science-related research and development grants.
The incoming director-general of the European Centre for Medium Range Weather Forecasting, one of the world's leading forecasting services, Florian Pappenberger, admitted that the combination of those moves would have global ramifications and "without a doubt" lead to a diminished reliability in forecasts for agencies around the world.
"The forecast will not be as good," he said.
"There's no question about that. We will lose forecast skill."
The president said he wants the NASA funding to be diverted into programs to beat China back to the moon and put the first human on Mars.
While far from waving the white flag in its long fight to have the idea scrapped entirely, Self Managed Super Fund Association chief executive Peter Burgess said this week that the lobby group was also urging Treasurer Jim Chalmers to defer implementing his super tax changes should the measures pass through the Senate and into law.
The contentious plans include doubling the tax on the proportion of fund balances over $3 million from 15 per cent to 30pc.
The two most divisive aspects of the plans, as they stand, are that the changes would apply to unrealised capital gains and, to a lesser degree, that they will not be indexed.
However, while Dr Chalmers still must reintroduce the legislation, the process technically started on July 1 with Labor planning to make the bill retrospective.
Addressing the contentious Division 296 legislation during his opening address at the SMSF Association's 2025 technical summit, Mr Burgess said that while the government would argue that the measure was announced two years ago, "it is completely unreasonable to expect individuals to respond to legislation before it becomes law".
"The Government has previously acknowledged the need for a long lead time to allow impacted members to consider the impact and make the necessary changes to their superannuation arrangements," he said.
Mr Burgess is also preparing proposed amendments to put in front of the Coalition, which remains totally against the measures.
"Those amendments would seek to take unrealised capital gains off the table, which would be great for farmers and small business owners," he told ACM.
"The Coalition can dig in their heels and say they don't agree with any amendments, or try and do the right thing by their heartland."
Questions around consumer law are being pondered after on-road testing has revealed that some of Australia's best-selling electric vehicles failed to meet their advertised range on a single charge and consumed significantly more power than manufacturers had promised.
The Australian Automobile Association released the results on Thursday after road-testing five EVs under its federally funded, $14 million Real-World Testing Program.
The Chinese-manufactured BYD Atto 3 SUV performed the worst in running out of juice a stunning 111km short of its spruiked range, as well as using 21pc more power than advertised, prompting industry stakeholders to call the result "not good enough".
The energy consumption tests were performed on a 93km circuit around Geelong in Victoria in damp and dry conditions.
In other results, Elon Musk's Tesla's entry-level electric car, the Model 3, fell 14pc below the advertised range, or 72km, and used 6pc more power than lab testing.
Next were the Tesla Model Y and Kia EV6 SUVs with both falling 8pc short of promised ranges, or just over 40km, while the Smart EV 3 was 5pc below the advertised distance.
The results should be a concern for a Labor government and regional Australians looking down the road at an EV-dominated future.
Charging stations have been as rare as hen's teeth outside the peri-urban fringes for years and, while installations are increasing and more are being placed along major highways, their placement has been predicated on those manufacturer lab tests.
It appears yet another regional and remote connectivity "blackspot" needs to be addressed.
The Invasive Species Council has welcomed a $2.8 million federal funding announcement to strengthen bird flu biosecurity across captive-breeding threatened species programs - calling it a vital step in national preparedness for H5 avian influenza.
The funding - delivered through the Zoo and Aquarium Association - is part of Labor's broader $100m investment to prepare and protect the nation against H5.
It will be sprinkled around 23 facilities, from the Currumbin Wildlife Park on the Gold Coast to Adelaide Zoo, in a bid to protect over 20 threatened species from the virus.
ISC policy director Carol Booth said the measure should be the "proactive, collaborative and science-led" blueprint for future wildlife preparedness exercises.
"It's exactly the kind of forward-looking action Australia needs to prepare for wildlife emergencies before they hit,' Dr Booth said.
In a major win for the nation's biosecurity efforts, it was announced last month that Australia has been officially declared free from high-pathogenicity avian influenza in poultry.
The government has also confirmed that Australia remains free of the H5N1 strain, a subtype of avian influenza that remains on its doorstep and has created havoc across entire continents.
The highly contagious strain has infected more than 500 wild bird species and 90 mammalian species overseas and, while these were mainly marine mammals and bird-eating scavengers, "spillover" cases have been detected in dairy cattle, cats, goats, alpacas, and pigs.
A sheep was also infected after being exposed to a highly contaminated environment in the UK.
Asia has been significantly impacted by the H5N1 strain with cases being reported in several countries, including multiple human fatalities linked to the virus in Cambodia notwithstanding that human infections are rare.
Dr Booth added that while the funding announced by Environment Minister Murray Watt and Agriculture Minister Julie Collins on Friday would safeguard animals in captivity, "we now need the same level of urgency and coordination for protecting wildlife in the wild", including in high-risk areas like wetlands, seabird colonies and coastal haul-out sites for seals.
In an opinion article published by ACM this week, Australia's Energy Infrastructure Commissioner Tony Mahar said that the clean energy transition was a big, complex, fast-moving train that has well and truly departed the station.
He warned that if regional communities continue to be left on the platform as the train disappears down the track, they would also be standing in the rubble of a "disastrous trail of lost trust, unfairness, and missed economic opportunity".
"Too many rural and regional communities feel like this transition is being done to them, not with them," he said.
"Projects are being announced, good people are being approached by charlatans and salespeople looking for a quick sale and signature under a veil of non-disclosure secrecy.
"Timelines are being set and decisions made, while locals are left feeling like bystanders in their own backyards. That's not just unfair, it's unsustainable."
The day has arrived for the Trump administration to blow the whistle on a new tariff regime that will do no less than upend and reshape the current global economic order.
The Australian government was cock-a-hope last week after the US president left the nation sitting on his minimum whack in a 10 per cent global benchmark, saying it franked its low-key negotiating tactics that were condemned by the Coalition.
However, as is often the case, President Trump's silk glove announcement contained a sledgehammer after he revealed this week that a 250pc levy could be slapped on Australian pharmaceutical exports, leaving Labor leaders with a fight to talk the nation out of the heavy impost.
Prime Minister Anthony Albanese will have a few hours above the Tasman to mull the human hurricane that is Donald J. Trump on his way to the Australia-New Zealand leaders' meeting being held in the Shaky Isles this weekend.
Meanwhile, a few hours the White House announced that federal law enforcement officers representing the FBI, DEA, ATF, ICE and the Park Police would be sent to patrol the streets of the nation's capital for the next week in reaction to an assault on a Department of Government Efficiency worker.
"Washington DC is an amazing city, but it has been plagued by violent crime for far too long. President Trump has directed an increased presence of federal law enforcement to protect innocent citizens. Starting tonight, there will be no safe harbour for violent criminals in DC," White House press secretary Karoline Leavitt said.
Speaking of President Trump, if you had a 2025 bingo card that predicted he would somehow disrupt global weather forecasts, you're likely holding a winner.
In continuing on his mission of upending Biden-era emissions reduction policies and global climate targets, the president has revealed in a fresh budget request that he wants to savagely cut funding to US science and climate agencies, including NASA and the National Oceanic and Atmospheric Administration.
Both play a key role in formulating domestic weather forecasting data that is then fed into the work of agencies around the globe, including Australia's Bureau of Meteorology, to formulate both short and long-term modelling relied on by a range of economic sectors, including agriculture.
It follows the cutting of more than 1000 NOAA jobs as part of Elon Musk's DOGE mass federal layoffs and President Trump's slashing of a significant slab of science-related research and development grants.
The incoming director-general of the European Centre for Medium Range Weather Forecasting, one of the world's leading forecasting services, Florian Pappenberger, admitted that the combination of those moves would have global ramifications and "without a doubt" lead to a diminished reliability in forecasts for agencies around the world.
"The forecast will not be as good," he said.
"There's no question about that. We will lose forecast skill."
The president said he wants the NASA funding to be diverted into programs to beat China back to the moon and put the first human on Mars.
While far from waving the white flag in its long fight to have the idea scrapped entirely, Self Managed Super Fund Association chief executive Peter Burgess said this week that the lobby group was also urging Treasurer Jim Chalmers to defer implementing his super tax changes should the measures pass through the Senate and into law.
The contentious plans include doubling the tax on the proportion of fund balances over $3 million from 15 per cent to 30pc.
The two most divisive aspects of the plans, as they stand, are that the changes would apply to unrealised capital gains and, to a lesser degree, that they will not be indexed.
However, while Dr Chalmers still must reintroduce the legislation, the process technically started on July 1 with Labor planning to make the bill retrospective.
Addressing the contentious Division 296 legislation during his opening address at the SMSF Association's 2025 technical summit, Mr Burgess said that while the government would argue that the measure was announced two years ago, "it is completely unreasonable to expect individuals to respond to legislation before it becomes law".
"The Government has previously acknowledged the need for a long lead time to allow impacted members to consider the impact and make the necessary changes to their superannuation arrangements," he said.
Mr Burgess is also preparing proposed amendments to put in front of the Coalition, which remains totally against the measures.
"Those amendments would seek to take unrealised capital gains off the table, which would be great for farmers and small business owners," he told ACM.
"The Coalition can dig in their heels and say they don't agree with any amendments, or try and do the right thing by their heartland."
Questions around consumer law are being pondered after on-road testing has revealed that some of Australia's best-selling electric vehicles failed to meet their advertised range on a single charge and consumed significantly more power than manufacturers had promised.
The Australian Automobile Association released the results on Thursday after road-testing five EVs under its federally funded, $14 million Real-World Testing Program.
The Chinese-manufactured BYD Atto 3 SUV performed the worst in running out of juice a stunning 111km short of its spruiked range, as well as using 21pc more power than advertised, prompting industry stakeholders to call the result "not good enough".
The energy consumption tests were performed on a 93km circuit around Geelong in Victoria in damp and dry conditions.
In other results, Elon Musk's Tesla's entry-level electric car, the Model 3, fell 14pc below the advertised range, or 72km, and used 6pc more power than lab testing.
Next were the Tesla Model Y and Kia EV6 SUVs with both falling 8pc short of promised ranges, or just over 40km, while the Smart EV 3 was 5pc below the advertised distance.
The results should be a concern for a Labor government and regional Australians looking down the road at an EV-dominated future.
Charging stations have been as rare as hen's teeth outside the peri-urban fringes for years and, while installations are increasing and more are being placed along major highways, their placement has been predicated on those manufacturer lab tests.
It appears yet another regional and remote connectivity "blackspot" needs to be addressed.
The Invasive Species Council has welcomed a $2.8 million federal funding announcement to strengthen bird flu biosecurity across captive-breeding threatened species programs - calling it a vital step in national preparedness for H5 avian influenza.
The funding - delivered through the Zoo and Aquarium Association - is part of Labor's broader $100m investment to prepare and protect the nation against H5.
It will be sprinkled around 23 facilities, from the Currumbin Wildlife Park on the Gold Coast to Adelaide Zoo, in a bid to protect over 20 threatened species from the virus.
ISC policy director Carol Booth said the measure should be the "proactive, collaborative and science-led" blueprint for future wildlife preparedness exercises.
"It's exactly the kind of forward-looking action Australia needs to prepare for wildlife emergencies before they hit,' Dr Booth said.
In a major win for the nation's biosecurity efforts, it was announced last month that Australia has been officially declared free from high-pathogenicity avian influenza in poultry.
The government has also confirmed that Australia remains free of the H5N1 strain, a subtype of avian influenza that remains on its doorstep and has created havoc across entire continents.
The highly contagious strain has infected more than 500 wild bird species and 90 mammalian species overseas and, while these were mainly marine mammals and bird-eating scavengers, "spillover" cases have been detected in dairy cattle, cats, goats, alpacas, and pigs.
A sheep was also infected after being exposed to a highly contaminated environment in the UK.
Asia has been significantly impacted by the H5N1 strain with cases being reported in several countries, including multiple human fatalities linked to the virus in Cambodia notwithstanding that human infections are rare.
Dr Booth added that while the funding announced by Environment Minister Murray Watt and Agriculture Minister Julie Collins on Friday would safeguard animals in captivity, "we now need the same level of urgency and coordination for protecting wildlife in the wild", including in high-risk areas like wetlands, seabird colonies and coastal haul-out sites for seals.
In an opinion article published by ACM this week, Australia's Energy Infrastructure Commissioner Tony Mahar said that the clean energy transition was a big, complex, fast-moving train that has well and truly departed the station.
He warned that if regional communities continue to be left on the platform as the train disappears down the track, they would also be standing in the rubble of a "disastrous trail of lost trust, unfairness, and missed economic opportunity".
"Too many rural and regional communities feel like this transition is being done to them, not with them," he said.
"Projects are being announced, good people are being approached by charlatans and salespeople looking for a quick sale and signature under a veil of non-disclosure secrecy.
"Timelines are being set and decisions made, while locals are left feeling like bystanders in their own backyards. That's not just unfair, it's unsustainable."
The day has arrived for the Trump administration to blow the whistle on a new tariff regime that will do no less than upend and reshape the current global economic order.
The Australian government was cock-a-hope last week after the US president left the nation sitting on his minimum whack in a 10 per cent global benchmark, saying it franked its low-key negotiating tactics that were condemned by the Coalition.
However, as is often the case, President Trump's silk glove announcement contained a sledgehammer after he revealed this week that a 250pc levy could be slapped on Australian pharmaceutical exports, leaving Labor leaders with a fight to talk the nation out of the heavy impost.
Prime Minister Anthony Albanese will have a few hours above the Tasman to mull the human hurricane that is Donald J. Trump on his way to the Australia-New Zealand leaders' meeting being held in the Shaky Isles this weekend.
Meanwhile, a few hours the White House announced that federal law enforcement officers representing the FBI, DEA, ATF, ICE and the Park Police would be sent to patrol the streets of the nation's capital for the next week in reaction to an assault on a Department of Government Efficiency worker.
"Washington DC is an amazing city, but it has been plagued by violent crime for far too long. President Trump has directed an increased presence of federal law enforcement to protect innocent citizens. Starting tonight, there will be no safe harbour for violent criminals in DC," White House press secretary Karoline Leavitt said.
Speaking of President Trump, if you had a 2025 bingo card that predicted he would somehow disrupt global weather forecasts, you're likely holding a winner.
In continuing on his mission of upending Biden-era emissions reduction policies and global climate targets, the president has revealed in a fresh budget request that he wants to savagely cut funding to US science and climate agencies, including NASA and the National Oceanic and Atmospheric Administration.
Both play a key role in formulating domestic weather forecasting data that is then fed into the work of agencies around the globe, including Australia's Bureau of Meteorology, to formulate both short and long-term modelling relied on by a range of economic sectors, including agriculture.
It follows the cutting of more than 1000 NOAA jobs as part of Elon Musk's DOGE mass federal layoffs and President Trump's slashing of a significant slab of science-related research and development grants.
The incoming director-general of the European Centre for Medium Range Weather Forecasting, one of the world's leading forecasting services, Florian Pappenberger, admitted that the combination of those moves would have global ramifications and "without a doubt" lead to a diminished reliability in forecasts for agencies around the world.
"The forecast will not be as good," he said.
"There's no question about that. We will lose forecast skill."
The president said he wants the NASA funding to be diverted into programs to beat China back to the moon and put the first human on Mars.
While far from waving the white flag in its long fight to have the idea scrapped entirely, Self Managed Super Fund Association chief executive Peter Burgess said this week that the lobby group was also urging Treasurer Jim Chalmers to defer implementing his super tax changes should the measures pass through the Senate and into law.
The contentious plans include doubling the tax on the proportion of fund balances over $3 million from 15 per cent to 30pc.
The two most divisive aspects of the plans, as they stand, are that the changes would apply to unrealised capital gains and, to a lesser degree, that they will not be indexed.
However, while Dr Chalmers still must reintroduce the legislation, the process technically started on July 1 with Labor planning to make the bill retrospective.
Addressing the contentious Division 296 legislation during his opening address at the SMSF Association's 2025 technical summit, Mr Burgess said that while the government would argue that the measure was announced two years ago, "it is completely unreasonable to expect individuals to respond to legislation before it becomes law".
"The Government has previously acknowledged the need for a long lead time to allow impacted members to consider the impact and make the necessary changes to their superannuation arrangements," he said.
Mr Burgess is also preparing proposed amendments to put in front of the Coalition, which remains totally against the measures.
"Those amendments would seek to take unrealised capital gains off the table, which would be great for farmers and small business owners," he told ACM.
"The Coalition can dig in their heels and say they don't agree with any amendments, or try and do the right thing by their heartland."
Questions around consumer law are being pondered after on-road testing has revealed that some of Australia's best-selling electric vehicles failed to meet their advertised range on a single charge and consumed significantly more power than manufacturers had promised.
The Australian Automobile Association released the results on Thursday after road-testing five EVs under its federally funded, $14 million Real-World Testing Program.
The Chinese-manufactured BYD Atto 3 SUV performed the worst in running out of juice a stunning 111km short of its spruiked range, as well as using 21pc more power than advertised, prompting industry stakeholders to call the result "not good enough".
The energy consumption tests were performed on a 93km circuit around Geelong in Victoria in damp and dry conditions.
In other results, Elon Musk's Tesla's entry-level electric car, the Model 3, fell 14pc below the advertised range, or 72km, and used 6pc more power than lab testing.
Next were the Tesla Model Y and Kia EV6 SUVs with both falling 8pc short of promised ranges, or just over 40km, while the Smart EV 3 was 5pc below the advertised distance.
The results should be a concern for a Labor government and regional Australians looking down the road at an EV-dominated future.
Charging stations have been as rare as hen's teeth outside the peri-urban fringes for years and, while installations are increasing and more are being placed along major highways, their placement has been predicated on those manufacturer lab tests.
It appears yet another regional and remote connectivity "blackspot" needs to be addressed.
The Invasive Species Council has welcomed a $2.8 million federal funding announcement to strengthen bird flu biosecurity across captive-breeding threatened species programs - calling it a vital step in national preparedness for H5 avian influenza.
The funding - delivered through the Zoo and Aquarium Association - is part of Labor's broader $100m investment to prepare and protect the nation against H5.
It will be sprinkled around 23 facilities, from the Currumbin Wildlife Park on the Gold Coast to Adelaide Zoo, in a bid to protect over 20 threatened species from the virus.
ISC policy director Carol Booth said the measure should be the "proactive, collaborative and science-led" blueprint for future wildlife preparedness exercises.
"It's exactly the kind of forward-looking action Australia needs to prepare for wildlife emergencies before they hit,' Dr Booth said.
In a major win for the nation's biosecurity efforts, it was announced last month that Australia has been officially declared free from high-pathogenicity avian influenza in poultry.
The government has also confirmed that Australia remains free of the H5N1 strain, a subtype of avian influenza that remains on its doorstep and has created havoc across entire continents.
The highly contagious strain has infected more than 500 wild bird species and 90 mammalian species overseas and, while these were mainly marine mammals and bird-eating scavengers, "spillover" cases have been detected in dairy cattle, cats, goats, alpacas, and pigs.
A sheep was also infected after being exposed to a highly contaminated environment in the UK.
Asia has been significantly impacted by the H5N1 strain with cases being reported in several countries, including multiple human fatalities linked to the virus in Cambodia notwithstanding that human infections are rare.
Dr Booth added that while the funding announced by Environment Minister Murray Watt and Agriculture Minister Julie Collins on Friday would safeguard animals in captivity, "we now need the same level of urgency and coordination for protecting wildlife in the wild", including in high-risk areas like wetlands, seabird colonies and coastal haul-out sites for seals.
In an opinion article published by ACM this week, Australia's Energy Infrastructure Commissioner Tony Mahar said that the clean energy transition was a big, complex, fast-moving train that has well and truly departed the station.
He warned that if regional communities continue to be left on the platform as the train disappears down the track, they would also be standing in the rubble of a "disastrous trail of lost trust, unfairness, and missed economic opportunity".
"Too many rural and regional communities feel like this transition is being done to them, not with them," he said.
"Projects are being announced, good people are being approached by charlatans and salespeople looking for a quick sale and signature under a veil of non-disclosure secrecy.
"Timelines are being set and decisions made, while locals are left feeling like bystanders in their own backyards. That's not just unfair, it's unsustainable."
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  • Sky News AU

Trump confirms meeting with Putin is near as speculation grows over US-Russia deal to end Ukraine war

In a high-stakes diplomatic move, US President Donald Trump has announced he will meet with Russian President Vladimir Putin 'very shortly' in an effort to bring an end to the war in Ukraine, now stretching into its fourth year. 'I'll be meeting very shortly with President Putin. It would have been sooner, but I guess there's security arrangements that unfortunately people have to make,' Mr Trump said. His remarks come as reports suggest a potential deal between Washington and Moscow could entrench Russian control over Ukrainian regions captured since the invasion began in February 2022. While the White House has labelled such reports 'speculation,' they have ignited fierce debate over what a negotiated peace might look like, and who will be at the table. Mr Trump, who returned to the presidency in January, has been ramping up pressure on the Kremlin to halt its military campaign, which has killed tens of thousands and displaced millions across Ukraine's eastern and southern regions. The US President also hinted at a possible redrawing of national boundaries as part of a settlement, stating that negotiations could involve territorial exchanges for the 'betterment' of both Ukraine and Russia. Meanwhile, Ukrainian President Volodymyr Zelensky has doubled down on Kyiv's demand to be involved in any discussions between Washington and Moscow. Mr Zelensky reiterated his position during a national address, saying he had spoken to leaders of more than a dozen countries in recent days, and that his administration remained in close communication with the United States. He added that national security advisers from Ukraine and its allied nations would soon convene for further talks. Ukraine's head of state earlier signalled that a ceasefire could be attainable if enough pressure is exerted on Moscow. Yet Mr Trump appeared to dismiss the need for direct contact between Mr Putin and Mr Zelensky ahead of the summit, stating: 'No, he doesn't,' when asked whether the Russian leader should meet the Ukrainian president before any formal talks. Mr Trump also said that Mr Zelensky should be fully equipped to enter negotiations, remarking that the Ukrainian leader 'needs to get everything he needs' and 'needs to get ready to sign something'. The Kremlin confirmed on Friday that preparations are underway for a summit between the two leaders, possibly taking place within the week. 'Next week has been set as a target date,' said Kremlin aide Yuri Ushakov, noting that the two sides had 'in principle' agreed on a location. However, the White House contradicted this claim, stating that 'no location has been determined,' though it conceded the meeting 'could occur as early as next week'. Mr Putin reportedly proposed the United Arab Emirates as a possible venue, though US officials have yet to endorse the suggestion. If the summit proceeds, it will mark the first face-to-face meeting between a sitting US and Russian president since Joe Biden and Vladimir Putin held talks in Geneva in 2021. According to Bloomberg News, sources close to the matter claim a draft deal is under consideration that could formalise Russia's hold on captured Ukrainian territory. The Kremlin has not commented on the report. Three previous rounds of direct negotiations between Ukraine and Russia, held in Istanbul, have ended without progress. Russian officials at those talks pushed for Ukraine to renounce its claim to territories still under Kyiv's control and to withdraw from the West's military support network. Moscow has consistently rejected international calls for a ceasefire, with Mr Putin maintaining a hardline stance amid mounting pressure from Western allies. Kyiv continues to assert its right to sovereignty and inclusion in any process that could determine the future of its territory. Yesterday, Mr Zelensky made it clear that Ukraine must be involved in any discussions regarding peace.

Donald Trump says Ukraine and Russia will swap territory in possible peace deal
Donald Trump says Ukraine and Russia will swap territory in possible peace deal

ABC News

time19 minutes ago

  • ABC News

Donald Trump says Ukraine and Russia will swap territory in possible peace deal

Donald Trump says a prospective peace deal between Russia and Ukraine will likely include "some swapping of territories to the betterment of both". The US president also confirmed he would meet Russia's Vladimir Putin "very shortly" at a location to be announced "a little bit later". Mr Trump has been trying to broker a peace agreement between Russia and Ukraine since his return to the White House seven months ago, and had given Mr Putin a deadline of Friday to agree to a deal or face economic penalties. Asked about a deal at the White House on Friday, Mr Trump said: "I think we're getting close. "The European leaders want to see peace. President Putin, I believe, wants to see peace. And [Ukrainian President Volodymyr] Zelenskyy wants to see peace." Asked if Ukraine would have to give up territory under a possible deal, Mr Trump said: "We're looking at that, but we're actually looking to get some back and some swapping. "It's very complicated. But we're going to get some back, we're going to get some switched. There'll be some swapping of territories to the betterment of both." Under the Ukrainian constitution, Mr Zelenskyy cannot sign a deal to cede Ukrainian territory. But Mr Trump said: "Now, President Zelenskyy has to get all of his — everything he needs, because he's going to have to get ready to sign something. And I think he is working hard to get that done." The US president said he was holding back on details because he did not want to overshadow the event he was speaking at — the signing of a separate peace agreement between the former Soviet states of Azerbaijan and Armenia, whose countries have been in conflict for decades. He said he would announce more details later on Friday or Saturday. Earlier, Bloomberg reported Washington and Moscow were working on a deal that would allow Russia to continue occupying all the Ukrainian territory it had seized. The White House did not dispute the report when contacted by the ABC, but said it would "not comment on alleged details in the news media" out of respect for sensitive diplomatic discussions.

Trump confirms he will meet Putin ‘very shortly', but without Zelensky
Trump confirms he will meet Putin ‘very shortly', but without Zelensky

The Age

timean hour ago

  • The Age

Trump confirms he will meet Putin ‘very shortly', but without Zelensky

Washington: US President Donald Trump has confirmed he will meet Russian President Vladimir Putin 'very shortly' and suggested a deal was in the works that would involve the 'swapping' of territory to end the war between Russia and Ukraine. Trump said the location for the meeting would be announced later on Friday (Saturday AEST). It will be the first time Putin has met a sitting US president since he launched his full-scale invasion of Ukraine in February 2022. The confirmation comes after days of speculation about a meeting between the two leaders, and confusion over whether there were preconditions for the summit to take place, such as the involvement of Ukrainian President Volodymyr Zelensky or a separate meeting between him and Putin. Friday also marked Trump's own deadline for Putin to agree to a ceasefire and peace deal or face additional US sanctions and secondary sanctions aimed at Russian trading partners. So far, Trump has announced an extra 25 per cent tariff on Indian exports to the US as punishment for India buying Russian oil, to begin on August 27. As the deadline loomed, Putin pushed for a meeting with Trump, and the Kremlin announced there would be a summit 'within days' – without confirmation from Washington, which had pushed for a trilateral meeting with Zelensky. But Trump indicated on Friday it would be a bilateral meeting. 'We're going to have a meeting with Russia, we'll start off with Russia,' he said. 'We'll announce a location ... I'll be meeting very shortly with President Putin.' Asked if it was the last chance for the Russian president to agree to a ceasefire and peace deal, Trump said: 'I don't like using the term 'last chance'.' He indicated the deal under consideration involved the exchange of territory currently occupied by opposing military forces, but did not go into detail.

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