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  • Parties hit marginal seats to sell their housing policies | ABC NEWS
    The Prime Minister and the Opposition Leader insist their big spending promises will help restore the great Australian dream, and not put it further out of reach.
    Subscribe: http://ab.co/1svxLVE
    Read more here: https://www.abc.net.au/news/2025-04-14/housing-policy-parkinson-reckless-5-per-cent-deduct-interest/105170716
    ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
    For more from ABC News, click here: https://ab.co/2kxYCZY
    Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
    Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
    Like ABC News on Facebook: http://facebook.com/abcnews.au
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    Note: In most cases, our captions are auto-generated.
    #ABCNews #ABCNewsAustralia
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    Video at Youtube: https://www.youtube.com/watch?v=CfO1N0mQAek
    3 min
  • Why housing policies by the major parties will push up property prices | The Business | ABC
    Economists are sounding the alarm that the housing policy each major party is taking to the election will only drive up property prices. Both policies are aimed at boosting home ownership.
    The Coalition's plan would allow first home buyers to tax deduct interest payments for the first five years of a mortgage. But, it only applies to interest paid on up to $650,000 of the home loan.
    Domain Group's head of research, Nicola Powell says "the tax deductibility of the interest paid on a home loan for the Coalition, on average, will save somebody $11,000".
    Only singles earning up to $175,000 per year or couples earning up to $250,000 a year will be eligible.
    While Labor is promising to scrap the income test for its existing first home buyers scheme, allowing them to purchase a property with only a five per cent deposit.
    Nicola Powell says "if someone is looking to purchase a million dollar home, they are going to have to save $50,000, but the important part is they are going to need to be able to service the repayments of that home loan of $950,000".
    Economists say both policies will push up house prices.
    Independent economist Saul Eslake says the biggest winners out of both policies will be those who already own homes.
    Some economists say a better way to help first home buyers would be to scrap federal government tax breaks, which the Parliamentary Budget Office estimates will cost roughly $12 billion in forgone revenue this financial year.
    Sydney renter Chloe Angel says despite earning a stable middle income wage and receiving an inheritance, she still can't afford to buy a home. She says she's not convinced that either policy will change anything for her.
    #ABCBusiness
    Subscribe: http://ab.co/1svxLVE
    ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
    For more from ABC News, click here: https://ab.co/2kxYCZY
    Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
    Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
    Like ABC News on Facebook: http://facebook.com/abcnews.au
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    Note: In most cases, our captions are auto-generated.
    #ABCNews #ABCNewsAustralia
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    Video at Youtube: https://www.youtube.com/watch?v=4l0BTaDOje8
    4 min
  • Companies manufacturing in China caught out by US trade war | The Business | ABC News
    Australian businesses manufacturing in China, caught by the steepest US tariffs, say they're caught in limbo while they navigate US President Donald Trump's tariffs. HeyDoodle founder Beatrice Toh makes her products in China, and despite being an Australian company, she says the trade advice she's received indicates that Donald Trump's tariffs on Chinese goods will apply to her products, even if they were shipped from Australia. The US president's tariffs on China are now at least 145 per cent. She says her products will have to go up in price for American consumers Swimwear brand Sea Level also manufactures in China. The company's owner Steve Philpott says he's looking to move manufacturing to Cambodia, Vietnam or even Africa. He says he'd like to manufacture in Australia, but says "there's not really much of a manufacturing industry here anymore".
    Other Australian labels that manufacture in China and sell in the US are Cotton On, Zimmermann and Bonds.
    KPMG chief economist Brendan Rynne says businesses can't make decisions while they're trying to stay up to date on the tariff announcements. Australia's trade minister says the federal government is working with the Trump administration.
    #ABCBusiness
    Subscribe: http://ab.co/1svxLVE
    Read more here: https://www.abc.net.au/news/2025-04-14/australian-firms-manufacturing-china-caught-trump-tariffs/105165444
    ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
    For more from ABC News, click here: https://ab.co/2kxYCZY
    Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
    Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
    Like ABC News on Facebook: http://facebook.com/abcnews.au
    Follow ABC News on Instagram: http://instagram.com/abcnews_au
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    Note: In most cases, our captions are auto-generated.
    #ABCNews #ABCNewsAustralia
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    Video at Youtube: https://www.youtube.com/watch?v=qDNsvKE7XuA
    5 min
  • With markets heading back to normal, does this mean the tariff scare is all over? | ABC NEWS
    The local sharemarket bounced back today, in line with a strong rise in New York on Friday. Alan Kohler looks at what this means for Australia and the US.
    ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
    For more from ABC News, click here: https://ab.co/2kxYCZY
    Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
    Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
    Like ABC News on Facebook: http://facebook.com/abcnews.au
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    Note: In most cases, our captions are auto-generated.
    #ABCNews #ABCNewsAustralia
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    Video at Youtube: https://www.youtube.com/watch?v=U1WbaNyn_sM
    2 min
  • Patients evacuated from Gaza hospital after Israeli airstrike | ABC NEWS
    Patients have been evacuated from a Gaza hospital after an Israeli air-strike destroyed parts of the building.
    Israel plans to expand its military offensive in Gaza after seizing a new corridor to take large parts of the war-battered Palestinian territory.
    Subscribe: http://ab.co/1svxLVE
    Read more here: https://www.abc.net.au/news/2025-04-13/patients-evacuated-from-gaza-hospital-after-israeli-airstrike/105170760
    ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
    For more from ABC News, click here: https://ab.co/2kxYCZY
    Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
    Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
    Like ABC News on Facebook: http://facebook.com/abcnews.au
    Follow ABC News on Instagram: http://instagram.com/abcnews_au
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    Note: In most cases, our captions are auto-generated.
    #ABCNews #ABCNewsAustralia
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    Video at Youtube: https://www.youtube.com/watch?v=6Ed-6y9tdUc
    3 min
  • IN FULL: David Pocock and Katy Gallagher discuss housing policy on Afternoon Briefing | ABC NEWS
    Pablo Viñales is joined by Finance Minister Katy Gallagher and LNP Senator Matt Canavan to talk about Albanese and Dutton’s offerings to first-home buyers. Independent senator David Pocock and ABC reporters on the election campaign trail will join the panel.
    Subscribe: http://ab.co/1svxLVE
    ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
    For more from ABC News, click here: https://ab.co/2kxYCZY
    Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
    Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
    Like ABC News on Facebook: http://facebook.com/abcnews.au
    Follow ABC News on Instagram: http://instagram.com/abcnews_au
    Follow ABC News on X (Twitter): http://twitter.com/abcnews
    Note: In most cases, our captions are auto-generated.
    #ABCNews #ABCNewsAustralia
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    Video at Youtube: https://www.youtube.com/watch?v=stRUAWWSBTU
    1 hr 1 min
  • The global trading system is being rewritten, says new CBA chief economist | The Business | ABC News
    Donald Trump's tariffs have caused market meltdowns and increased volatility in recent weeks. As the trade war between China and the US escalates, many economists and analysts have questioned how far US President Donald Trump will go. In his first television interview since taking up the role of Commonwealth Bank chief economist, Luke Yeaman says that while Donald Trump is committed to his tariff plan, the bond market will continue to provide constraints on the US President's actions. Before joining CBA, Luke Yeaman was deputy secretary of the Australian Treasury. In this interview, he discusses how Donald Trump's tariff strategy could lead to higher borrowing costs for America over the long-term, both for the government and the economy, leading investors to question the country's role as a defender of global institutions and whether it can be trusted into the future. Luke Yeaman also discusses the risks for Australia's economy as the tit-for-tat trade war between Washington and Beijing escalates. He says the manner and pace in which the global order is being rewritten will have ramifications for at least the next decade.
    #ABCBusiness
    Subscribe: http://ab.co/1svxLVE
    ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
    For more from ABC News, click here: https://ab.co/2kxYCZY
    Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
    Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
    Like ABC News on Facebook: http://facebook.com/abcnews.au
    Follow ABC News on Instagram: http://instagram.com/abcnews_au
    Follow ABC News on X (Twitter): http://twitter.com/abcnews
    Note: In most cases, our captions are auto-generated.
    #ABCNews #ABCNewsAustralia
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    Video at Youtube: https://www.youtube.com/watch?v=ROkHWnigB2c
    7 min
  • The beauty and agony of a McIlroy Masters triumph
    There are sports triumphs and then there is this. Rory McIlroy overcame a hot field and his own demons to finally break through on golf's most storied stage. Featured: Warren Smith, golf commentator, Fox Sports. 
    Subscribe to the ABC Sport Newsletter (https://www.abc.net.au/connect)
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    Video at Youtube: https://www.youtube.com/watch?v=JNrwrvQKeqc
    15 min
  • Push for change as inquiry delves into claims of coercive control in religion | ABC News
    Former members of strict churches are calling on the Victorian government to make religious coercive control illegal. They say religious leaders can cause trauma for decades by controlling where followers live, what medical treatment they receive, who they can marry and which family members they can contact.
    Stateline by Jonathon Kendall for ABC News Victoria
    Subscribe: http://ab.co/1svxLVE
    Read more here: https://bit.ly/42eldNb
    ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
    For more from ABC News, click here: https://ab.co/2kxYCZY
    Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
    Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
    Like ABC News on Facebook: http://facebook.com/abcnews.au
    Follow ABC News on Instagram: http://instagram.com/abcnews_au
    Follow ABC News on X (Twitter): http://twitter.com/abcnews
    Note: In most cases, our captions are auto-generated.
    #ABCNews #ABCNewsAustralia #ABCNewsVic
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    Video at Youtube: https://www.youtube.com/watch?v=HU_yG7O-wRM
    3 min
  • Dozens killed in Ukraine's Sumy after Russia's deadliest strike this year | ABC NEWS
    More than 30 civilians have been killed after two Russian missiles hit the city of Sumy, in north-eastern Ukraine, according to its acting mayor.
    Ukrainian President Volodymyr Zelenskyy says early information suggests dozens more were injured in the strike.
    The attack comes after Russia last month claimed the capture of a village in the Sumy region for the first time since the early days of its 2022 invasion.
    Subscribe: http://ab.co/1svxLVE
    Read more here: https://www.abc.net.au/news/2025-04-13/dozens-dead-in-ukraine-sumy-region-from-russian-strike/105172014
    ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.
    For more from ABC News, click here: https://ab.co/2kxYCZY
    Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1
    Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
    Like ABC News on Facebook: http://facebook.com/abcnews.au
    Follow ABC News on Instagram: http://instagram.com/abcnews_au
    Follow ABC News on X (Twitter): http://twitter.com/abcnews
    Note: In most cases, our captions are auto-generated.
    #ABCNews #ABCNewsAustralia
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    Video at Youtube: https://www.youtube.com/watch?v=9Bsp_7h40Rs
    3 min

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