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The Daily Aus

Headlines: Labor's tax reforms to become law

23 Jun 2026

Transcription

Transcript generated automatically by AI and may contain errors.

Chapter 1: What is the main topic discussed in this episode?

0.031 - 3.338 Emma Gillespie

Today's episode was made possible by our friends over at NBN.

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9.211 - 16.707 Lucy Tassel

From The Daily Oz, I'm Lucy Tassel. I'm Emma Gillespie. It's Tuesday the 23rd of June. Here's what's making headlines this evening.

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18.56 - 40.315 Emma Gillespie

Labor's controversial tax reforms are set to become law with the support of the Greens. It comes after the party struck a deal which will see the government close a capital gains tax superannuation loophole and extend the NDIS inquiry. The agreement clears the way for the Albanese government to pass its changes to and the CGT discount within the next two weeks.

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40.295 - 57.355 Emma Gillespie

The legislation will be updated to block buyers who may have sought to avoid the CGT increase by purchasing property through self-managed super funds. Greens leader Larissa Waters said the reforms could have been, quote, so much better, but she said this was a small step in the right direction.

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57.735 - 80.646 Emma Gillespie

In exchange for the Greens' support of the tax changes, the government also agreed to extend the parliamentary inquiry into the NDIS by eight weeks and ASNAP Inquiry's final report on proposed cuts to the scheme was due to be tabled on Tuesday. An interim version is expected to be tabled instead this week, with the committee now set to deliver a final report by the 14th of August.

82.263 - 103.056 Lucy Tassel

Six cruise ship passengers taken to a quarantine facility in WA have been cleared of Hunter virus after 42 days in isolation. Four Australian citizens, one permanent resident and one New Zealander were evacuated from the MV Hondias after a deadly outbreak of the rare Andes Hunter virus, a disease carried by rodents.

103.036 - 118.534 Lucy Tassel

Passengers from more than 20 countries were placed in specialised quarantine centres after disembarking the ship in the Canary Islands. The Australian group arrived in Perth on the 15th of May when they were taken to a facility purpose-built for COVID-19 patients during the pandemic.

118.895 - 129.567 Lucy Tassel

What was originally expected to be a three-week quarantine period finally came to an end on Tuesday when all six passengers were given approval to return to their home states.

Chapter 2: What are Labor's tax reforms and why are they controversial?

129.547 - 136.08 Lucy Tassel

Officials said the group were all in good health and have consistently tested negative for Hantavirus.

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137.697 - 159.587 Emma Gillespie

The US has waived sanctions on Iran for 60 days following the first round of talks under an emerging peace deal. US Vice President J.D. Vance met with Iranian officials in Switzerland for talks overseen by mediators from Qatar and Pakistan. Building on an interim deal signed last week, Vance said both sides had laid a good foundation for a final peace deal.

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159.567 - 180.03 Emma Gillespie

However, Iran denied it's begun discussions about the future of its nuclear program. US President Donald Trump warned he'll, quote, do what I have to do if Iran doesn't stick to its side of the agreement. Both countries also agreed on strategies to end fighting in Lebanon between Israel and Hezbollah and to ensure safe passage for commercial ships through the Strait of Hormuz.

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180.311 - 189.321 Emma Gillespie

The US Treasury also announced it's pausing its sanctions on Iran until the 21st of August in a bid to give Tehran economic relief from oil sales.

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189.672 - 209.731 Lucy Tassel

And today's good news. Researchers in the UK believe a tropical butterfly species could hold secrets about the biology of longevity. Found throughout the tropical rainforests of South and Central America, butterflies from the Heliconius family live nearly three times as long as their relatives.

210.051 - 228.349 Lucy Tassel

Scientists from the University of Bristol believe the species has evolved a strategy that allows them to delay the aging process. Findings published in the journal Nature show some types of these butterflies live up to 348 days compared to the typical lifespan of most butterflies of just a few weeks.

228.689 - 242.123 Lucy Tassel

Researchers said the animals could offer, quote, fresh insights into how aging can be delayed in the natural world and further studies can provide, quote, a powerful opportunity to identify the mechanisms that underpin longevity.

242.103 - 252.545 Emma Gillespie

That is the latest from the Daily Oz newsroom for another day. But if you are looking for something else, you can catch up on this morning's deep dive where we explain the bird flu outbreak and if you should be worried.

252.866 - 261.765 Lucy Tassel

I'm worried regardless of whether or not I should be. We'll be back tomorrow with another deep dive. Until then, have a good one. And don't worry.

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