Michael Thompson

No urgent reforms were required, but committed his government to implementing all the recommendations that applied to it.

Yeah, and particularly anything with a public-facing element, right?

Yeah.

Okay.

Just one more before we get to international news, Sean.

Treasurer Jim Chalmers has suggested any changes to capital gains tax and negative gearing will be accompanied by transitional arrangements that'll give some protection to people who already hold assets.

It does sound like that.

Okay, turning to international news, Sean.

Live golf executives were expected to confirm to players overnight that Saudi Arabia's funding of the circuit will cease at the end of the year, triggering a bit of a scramble for some of the world's best golfers who shunned long-established tours to play for Saudi public investment fund ASEAN.

the tournament that was backed by this massive, massive pot of money, right?

The price tags here were just incredible.

Without an alternative and unlikely funding source from 2027 onwards, Live in its current form is staring really at closure just four years on from staging its first tournament.

It was brief, but it certainly made a splash.

Yeah, it's old mate.

Yeah, Rory.

Yeah, yeah, Rory McIlroy.

Yeah, there he is.

He's been a critic of me.

Yeah.

Certainly not with pockets that deep.