The government works to sell its budget saying it's made the tough decisions, Preparations underway for Donald Trump's visit to China, Ivan Cleary drops a bombshell, announcing he'll leave the Penrith Panthers at the end of next season.

Speculation was rife in the lead up to this year's budget about what it would contain for housing investors. Now we know what Treasurer Jim Chalmers has planned for the capital gains tax discount, and negative gearing regime, both of which have been blamed for favouring investors over first home buyers and inflating prices. What do the changes mean for renters and potential buyers in the housing market?

The Opposition says it won't support the housing tax reforms outlined in the federal budget; UK Prime Minister Keir Starmer refuses to quit, despite mounting party pressure; Australian Kaden Groves exits the Giro d’Italia after injuries sustained from a crash.

The Treasurer reveals changes to capital gains tax and negative gearing, an income tax offset is announced, to help with cost of living pressures and inflation forecast to peak at five per cent midway through this year.

The Federal Government flags tax reforms aimed at helping more young Australians buy a home; Australia imposes fresh sanctions on Iran over its crackdown on protesters and women; and Carlton faces fresh questions after Michael Voss quits as coach.

Donald Trump says the ceasefire with Iran is on 'life support'; a body believed to be that of alleged triple murderer Julian Ingram found in western New South Wales; and in cricket, teen batting prodigy Oliver Peake earns his first Australian one day call-up.

Labor accused of breaking tax promise, the upcoming federal budget to fast-track environmental approvals and in football ten more players added to the Socceroos pre-World Cup camp.

The federal government says housing supply will be key in tomorrow's federal budget; the Fair Work Commission hears evidence on conditions for food delivery workers; Australian Jay Vine's team says he won't need surgery for injuries sustained in a Giro d'Italia crash.

Iran responds to a US proposal to end the war in the Middle East; the federal government allocates more than $500 million in new funding for environment laws reforms; Socceroos to face former coach Graham Arnold with Iraq pool match in Asia Cup.

In this bulletin, The WHO moves to calm fears in Tenerife over a deadly huntavirus outbreak; Boycott calls over Israel’s Eurovision entry overshadow the contest’s 70th edition; and in sport, Daniel Dubois reclaims world champion status with a heavyweight win over Fabio Wardley