Natalie MacDonald
speaker
241 appearances
2 recordings
1 series
first heard Sep 2026
last heard 6 Sep
Natalie MacDonald’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Sep 2026 with 2.
Appearances
The laws would also make platforms responsible for identifying and reducing online harm with additional protections for under 18s around things like body image and bullying, all of those important things really.
Companies could face fines of more than $100 million, while the e-safety commissioner and researchers could pose as children online to monitor what algorithms are actually serving them.
The coalition wants greater parental control, but Angus Taylor has also raised concerns around censorship.
Here's the interesting bit though, Michael.
Parliamentary Budget Office Modeling Commission by the coalition found that the tax could actually increase government revenue by $22 billion over nine years as smokers shift back into the legal market.
But what the coalition hasn't modeled is what the cut would do to smoking rates.
And Canada saw youth smoking initially rise after.
after cutting tobacco taxes in the nineteen nineties.
The tobacco commissioner estimates that around half of Australian tobacco sales are now on the black market.
But under revised rules, trusts can avoid that minimum by making a one-off nomination of their beneficiaries and permanently fixing how income will be split.
They'll have until uh the 30th of June 2029 to decide that.
The concession means that many businesses can avoid an expensive restructure, and bucket companies can also be included.
But break those fixed.
Tax distribution rules and the trust can face a 47% penalty tax and permanently lose that concession.
So
Uh essentially, Michael, keep the flexibility and pay the minimum tax or lock in who gets what.
And Wall Street fell on that news on Friday, the S P five hundred down point four percent.
Since then, the US has struck three Iranian oil tankers, sending tensions higher.
Aga again, again, again, again.
Um, Brent Crude ended the week above 96 US dollars a barrel, up almost 8% for the week.
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