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Albanese locks in plans to scrap investor tax breaks as way through housing crisis

Prime Minister Anthony Albanese has marked out a contentious tax reform package to boost home ownership as a way to counter populism. He is also pledging to rebuild Australia’s fuel stocks and floating the prospect of caps on coal and gas prices if the war in Iran further spikes commodity prices.

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Fuel quality standards could be cut again to stave off shortages

Fuel companies and the federal government are in talks about further lowering Australia’s fuel-quality standards to widen the pool of available imports, as Donald Trump’s declaration the war with Iran would continue for up to three weeks exposes Australia to heightened risk of shortages by the end of April.

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