{"id":859295,"date":"2026-08-18T06:00:10","date_gmt":"2026-08-18T06:00:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/859295\/"},"modified":"2026-08-18T06:00:10","modified_gmt":"2026-08-18T06:00:10","slug":"australia-news-live-swans-players-face-suspension-as-afl-set-to-lay-charges-labor-signs-off-on-gambling-reform-deal-with-coalition","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/859295\/","title":{"rendered":"Australia news LIVE: Swans players face suspension as AFL set to lay charges; Labor signs off on gambling reform deal with Coalition"},"content":{"rendered":"<p>Prime Minister Anthony Albanese has rejected claims that Labor\u2019s budget changes would drive up rents by 30 per cent.<\/p>\n<p>Opposition Leader Angus Taylor asked the prime minister to guarantee that rents would not rise, saying \u201cthe National Australia Bank has confirmed Labor\u2019s toxic taxes will send rents soaring by 30 per cent\u201d.<\/p>\n<p>It followed comments from the bank\u2019s head of Australian economics, Gareth Spence, who told The Australian: \u201cFor investment properties in Sydney and Melbourne, a rise in the rental yield of one percentage point from about 3.5 per cent to around 4.5 per cent implies an increase in rents of 25 to 30 per cent, assuming the current level of house prices is unchanged\u201d.<\/p>\n<p>Albanese said NAB had clarified the comment today.<\/p>\n<p>\u201cTo quote the National Australia Bank, \u2018This was not a forecast, and it\u2019s important to note that we do not forecast rental bills\u2019. The budget made no changes for people who are already negatively geared,\u201d Albanese said.<\/p>\n<p>\u201cNegative gearing and the 50 per cent capital-gains tax discount can still be used for investment properties, but on new builds, so that when people are investing, they\u2019re not only investing in their future wealth and assets, they\u2019re investing in the future wealth and assets of the nation, and that is already making a difference.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Prime Minister Anthony Albanese has rejected claims that Labor\u2019s budget changes would drive up rents by 30 per&hellip;\n","protected":false},"author":2,"featured_media":859296,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,63,44],"class_list":["post-859295","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australia","tag-au","tag-australia","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/859295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=859295"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/859295\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/859296"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=859295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=859295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=859295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}