Helen Smith
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Hi, it's Helen Smith here with you.
Welcome to the afternoon edition of The Briefing.
Coming up on our deep dive, we look into the enhanced games.
The event happened in Las Vegas today and it's been dubbed the Steroid Olympics, where athletes take performance-enhancing drugs in an attempt to break world records.
The games are backed by billionaires with life-changing prize money up the grabs.
But they've created a lot of controversy within the sporting world, putting in question what kind of drugs these athletes are taking and how safe it really is.
But first, let's check the afternoon headlines this Monday, the 25th of May.
Starting with the latest on the federal budget, legislation to implement the government's budget plans will be introduced into Parliament on Thursday.
PM Anthony Albanese says Treasury is still talking to the start-up and business sectors with finer details to come.
Meanwhile, the PM says Australia is not running on fumes with our fuel supply now looking secure into July.
Anthony Albanese says there's now 43 days of petrol, 38 days of diesel and 31 days of jet fuel with more shipments locked in.
Staying with Australian politics, The Independent's Sally Stegall and Allegra Spender held a press conference today to urge the Labor government to reconsider its changes to the capital gains tax discount.
Labor's proposed changes are designed to help younger Australians enter the property market, but would also increase taxation on shares and other investment assets, including those who sell a business.
But the big story in Canberra today was the talk of a new political party.
We heard about this this morning in the morning briefing with Chris and Sash.
So while the two women were trying to talk about capital gains tax, all of the questions for them had to do with their potential new party.
Here's what Stegall had to say about why she's exploring a new party.