The likely change to the capital gains tax and the 'Ponzi scheme' of housing

Today, we are talking about one of the federal budget’s trickiest customers - the National Disability Insurance Scheme. Labor was once like a proud parent of the NDIS, but now even the minister in charge, Mark Butler, is describing the scheme as a honeypot for organised crime. Also this week, an inquiry about taxing offshore gas exports went kind of viral due to a David Pocock question about beer and an appearance from a podcaster called Punters Politics. Joining host Jacqueline Maley is chief political correspondent Paul Sakkal and federal political correspondent Natassia Chrysanthos. Background reading Natassia Chrysanthos’ latest story on the NDIS All of The Age and Sydney Morning Herald’s political news and analysis. Subscribe to The Age & SMH: https://subscribe.smh.com.au/See omnystudio.com/listener for privacy information.

Since the Cold War ended more than 35 years ago, many of us have likely not given much thought to Bloc warfare. Those nuclear threats that the Western and Eastern Blocs hurled at each other? A thing of the past. But lately, the beginnings of a return to Bloc warfare have revealed themselves. Today, international and political editor Peter Hartcher on the group of countries that are assisting each other to fight wars. And why few have heard of their grouping. Next Thursday, we'll be airing a special episode with Peter, in which he will be answering your questions. So if you have any questions about the state of our world that you've been dying to ask Peter, or a topic you'd love him to discuss, emails us at [email protected] and we may feature it on air next week.  Background reading Peter Hartcher's article:  Trump’s madcap folly emboldening this ‘axis of upheaval’ Peter Hartcher's columns and stories.  Subscribe to The Age & SMH: https://subscribe.smh.com.au/See omnystudio.com/listener for privacy information.

Treasurer Jim Chalmers is slated to make a big change to the tax system, with the centrepiece of the May budget a change to taxing capital gains on property. Will the likely tweaks reduce skyrocketing house prices, or address intergenerational inequality? Today, senior economics correspondent Shane Wright talks about who this change will cost, who it will benefit, and by how much.Background reading: Shane Wright's story, 'CGT like it's 1999.' The Sydney Morning Herald and The Age's up-to-date political coverage. Subscribe to The Age & SMH: https://subscribe.smh.com.au/See omnystudio.com/listener for privacy information.

There’s been something of a revolt in women’s basketball in the United States, and two Australians – Alanna Smith and Ezi Magbegor – are among the biggest winners.Today, sports reporter Frances Howe on the multimillion-dollar deals netted by these Australian stars, as a result of a very simple demand, and what it means for women in sport.   Background reading The Age and Sydney Morning Herald's series on Australia's richest athletes. Frances Howes' story on the WNBA. Subscribe to The Age & SMH: https://subscribe.smh.com.au/See omnystudio.com/listener for privacy information.

Just picture it: under the cover of night, police detectives raid a clandestine drug lab in Melbourne belonging to an organised crime gang. But instead of picking through just the usual: beakers, wads of cash and perhaps the unmistakable acetone odour of ICE, they stumble on something else.Boxes upon boxes – upon BOXES – of Lego.Today, senior reporter Chris Vedelago on why your kids’ favourite toy has become the underworld’s new favourite currency, and why it’s so good for laundering dirty money.Subscribe to The Age & SMH: https://subscribe.smh.com.au/See omnystudio.com/listener for privacy information.

A fire at a Geelong oil refinery - one of two refineries left in Australia - has heightened anxiety around fuel supply. Energy Minister Chris Bowen joins the Inside Politics podcast today to address the impact of this fire and the scramble for petrol and diesel imports as the nation grapples with one of the most severe oil shocks in history. The pugilistic minister, a lighting rod in the debate about Australia's renewable energy transition, joins chief political correspondent Paul Sakkal and energy correspondent Mike Foley to discuss the rocky path to a green economy, and Australia's position to deal with the war and subsequent energy crisis. You can read Sakkal and Foley's story on our websites here, and all our federal political coverage here.Subscribe to The Age & SMH: https://subscribe.smh.com.au/See omnystudio.com/listener for privacy information.

Seven weeks into the US-Israel war with Iran, the narrative that Donald Trump was pushed into the war by Benjamin Netanyahu, and that the US president is an agent of Israel, still permeates the internet.How much truth is there to these claims?Today, international and political editor Peter Hartcher talks about who really is driving the war, and why it matters.Read Hartcher's column here.Subscribe to The Age & SMH: https://subscribe.smh.com.au/See omnystudio.com/listener for privacy information.

As our journalist James Massola put it, his niece Mattea is like most three-year-olds: boisterous and bursting with energy.Mattea is also not like most three-year-olds: from the moment she was born, her parents have had to grapple with a complex set of problems that make life very different.I’m Samantha Selinger-Morris, and you’re listening to The Morning Edition, from The Age and Sydney Morning Herald.Today, chief political commentator James Massola on Australia’s National Disability Insurance Scheme and what next month’s expected cuts to the scheme really mean.Subscribe to The Age & SMH: https://subscribe.smh.com.au/See omnystudio.com/listener for privacy information.

For years, Prince Harry and Meghan, the Duchess of Sussex, have been tanking in popularity polls. Meghan is now the second-most disliked royal, beaten only by the disgraced Andrew Mountbatten Windsor.So why is this faux-royal tour occurring down under when the British monarchy is arguably on the nose?Today, senior writer Bevan Shields comments on recent bullying accusations against Prince Harry, what they're doing here this week - and how much they're charging us for the pleasure.Subscribe to The Age & SMH: https://subscribe.smh.com.au/See omnystudio.com/listener for privacy information.

Prime Minister Anthony Albanese has been slammed – over the course of years – for failing to crack down on the more than 1 million gambling ads broadcast every year on Australia's free-to-air TV and radio, not to mention the rest of our gambling industry, which has driven some families to financial ruin.Then, finally, just over a week ago, came the prime minister’s announcement of a gambling overhaul.Today, business reporter Kishor Napier-Raman on just how much so-called “filthy money” our government is taking away from stakeholders, and if there’s any chance these reforms might break the link between children and sports wagering.Subscribe to The Age & SMH: https://subscribe.smh.com.au/See omnystudio.com/listener for privacy information.