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Iconic singer reveals sad diagnosis

<p>Morten Harket, the iconic voice behind A-ha’s global smash "Take on Me", has revealed he has been diagnosed with Parkinson’s disease – a progressive condition that may bring an end to his singing career.</p> <p>The 65-year-old Norwegian singer shared the news in a moving interview published on the band’s official website, explaining that although treatment has eased some of the condition’s physical toll, it has also affected his voice – the very heart of his artistry.</p> <p>“I don’t feel like singing, and for me that’s a sign,” Harket said candidly. “As things stand now, that’s out of the question.”</p> <p>For the past year, Harket has undergone deep brain stimulation, a complex treatment involving two surgeries to implant electrodes on both sides of his brain. The procedure delivers electrical impulses that help control tremors and muscle stiffness, but in Harket’s case, has also dulled his soaring vocal range.</p> <p>Despite the gravity of the diagnosis, Harket said he feels at peace with it. He credits his 94-year-old father for encouraging him to “use whatever works” in coping with the challenges of the degenerative disorder.</p> <p>“There’s so much to weigh up,” he said. “It’s a difficult balancing act between taking the medication and managing its side effects.”</p> <p>A-ha last toured in 2020 and played what may be their final show together in 2022 at the Hollywood Bowl. Harket said he has continued to work on new music but is unsure whether the songs will ever be finished.</p> <p>Still, in classic form, he offered fans words of hope rather than despair.</p> <p>“Don’t worry about me,” he said. “Spend your energy addressing real problems… and know that I am being taken care of.”</p> <p><em>Images: Instagram</em></p>

Caring

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Major bank announces huge home loan rate cut

<p>The Commonwealth Bank of Australia (CBA) will reduce its fixed-rate home loans by up to 0.40 percentage points across all terms starting Friday, following a 0.25 percentage point cut to its variable rate in response to the Reserve Bank of Australia’s (RBA) recent cash rate reduction.</p> <p>The new rates will see CBA’s lowest fixed offering set at 5.49% for a three-year term. Despite the move, experts say the cuts are unlikely to spark a surge in homeowners locking in their mortgages.</p> <p>Sally Tindall, data insights director at Canstar.com.au, said the rate adjustments bring CBA closer to its major bank competitors but aren’t enough to significantly shift consumer behaviour.</p> <p>“CBA’s fixed rate cuts aren’t groundbreaking, but rather a bid to inch closer to its key competitors,” Tindall said. “Fixed rates have been falling fairly consistently this year, and we expect this activity will continue as banks price in the increasing likelihood of further cash rate cuts.”</p> <p>While CBA’s new rates mark progress, rivals remain more competitive. ANZ holds the lowest one- and two-year fixed rates among the big four banks, while National Australia Bank (NAB) continues to offer the most attractive three-, four-, and five-year fixed terms.</p> <p>Tindall also noted that with only a slim margin – just 0.10 percentage points – between current fixed and variable rates, many borrowers will likely hold off from locking in.</p> <p>“With the possibility of further RBA cuts ramping up, it’s hard to see many people jumping at the chance to lock up their mortgage for the next three years,” she said. “The majors might have to offer a fixed rate in the ‘4’s’ if they’re serious about getting people to lock in.”</p> <p>Canstar’s latest data shows a flurry of activity across the lending sector since the RBA’s decision. Twenty lenders have reduced at least one fixed rate this month, and five major lenders, excluding CBA, have already made cuts.</p> <p>Among them, BOQ, Community First Bank, Police Bank and Queensland Country Bank now offer at least one fixed rate below 5%, setting the benchmark at 4.99%.</p> <p>Tindall urged borrowers to carefully consider their financial situation and risk appetite when deciding between fixed and variable rates. “If you’re deciding between a fixed or variable rate, understand what might suit your finances and, to some extent, your personality. When you make a decision, take the time to look for a competitive rate,” she said.</p> <p>While the trend suggests fixed rates will continue to fall, CBA's latest move clearly shows the intense competition in the home loan market – one that still leaves many Australians hesitant to commit.</p> <p><em>Image: Supplied</em></p>

Money & Banking

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"It's simple": Sussan Ley reveals stance on Welcome to Country

<p>Newly elected Liberal leader <a href="https://oversixty.com.au/finance/legal/sussan-ley-elected-first-female-leader-of-the-liberal-party" target="_blank" rel="noopener">Sussan Ley </a>has called on her party to modernise and reconnect with contemporary Australian values following one of its worst electoral defeats in history.</p> <p>In her first press conference since defeating Angus Taylor for the leadership, Ms Ley pledged a fresh approach to politics, saying the Liberal Party must "respect, reflect, and represent modern Australia".</p> <p>“We have to meet the people where they are. And that’s what I am committed to doing and what I am determined to do,” she said. “I want to do things differently, and we have to have a fresh approach.”</p> <p>Ley described her election to the party’s top job as an “enormous privilege”, adding: “I am humbled. I am honoured. And I am up for the job.”</p> <p>The leadership transition follows a bruising election campaign that saw the Liberals suffer significant losses, prompting calls for renewal and deeper engagement with a changing electorate.</p> <p>Cultural recognition also emerged as a flashpoint during the campaign’s final days, with controversy over audience reactions to Welcome to Country ceremonies. Addressing the issue head-on, Ms Ley called for authenticity in cultural acknowledgements.</p> <p>“With respect to Welcome to Country, it’s simple: if it’s meaningful, if it matters, if it resonates, then it’s in the right place,” she said. “If it is done in a way that is ticking a box on a Teams meeting then I don’t think it is relevant. It actually diminishes the value of what it is.”</p> <p>On the issue of national symbols, Ms Ley said she frequently stands in front of the Indigenous flag but would prefer to see Australians united under a single banner.</p> <p>“We should unite under the one Australian flag, that is my firm view,” she stated.</p> <p>Ms Ley now faces the challenge of steering a divided and diminished Liberal Party toward renewal, with pressure mounting to appeal to a broader, more diverse Australia. Her leadership marks a potential turning point for the party as it seeks to rebuild and redefine its identity in opposition.</p> <p><em>Image: Instagram</em></p>

Legal

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Q+A descends into acrimony over Welcome to Country debate

<p>The ABC’s flagship program <em>Q+A</em> erupted into heated exchanges on Monday night as panellists clashed over the role and frequency of Welcome to Country ceremonies, amid growing national debate sparked by political and community divisions.</p> <p>The discussion was triggered when audience member Peter asked how tensions over the ceremonies could be resolved "amicably" and "in the interest of all parties", following escalating disagreement between Prime Minister Anthony Albanese and Opposition Leader Peter Dutton during the current federal election campaign.</p> <p>Liberal MP Paul Fletcher argued from the Q+A panel that while it was important to recognise the “distinctive place” of Indigenous Australians, many in the community felt there were now too many ceremonial acknowledgements.</p> <p>The issue has been further inflamed after neo-Nazis booed a Welcome to Country delivered by Bunurong man Uncle Mark Brown during the Anzac Day Dawn Service at Melbourne’s Shrine of Remembrance – a move that was swiftly condemned by both major political parties.</p> <p>However, Mr Dutton later suggested that Welcome to Country ceremonies were being overused and questioned their appropriateness for solemn occasions like Anzac Day.</p> <p>On <em>Q+A</em>, Environment Minister Tanya Plibersek defended the tradition, particularly at Anzac Day events, arguing it was "perfectly appropriate" to acknowledge the service of Indigenous Australians in the military.</p> <p>Fletcher countered that veterans should be consulted on the issue, prompting a sharp exchange when Plibersek retorted that he was speaking as if Indigenous veterans did not exist. Fletcher accused her of using “straw man rhetoric”, insisting, “The role of Indigenous people in defending Australia over many conflicts has been very significant. Nobody is contesting that for a second.”</p> <p>Greens leader Adam Bandt also weighed in, launching a scathing attack on Dutton’s handling of the matter. “It’s gutter politics from an Opposition leader whose campaign is in free fall and he’s starting to punch down,” Bandt said. He accused Dutton of spreading misinformation during the Voice referendum campaign and likened his tactics to those of US President Donald Trump.</p> <p>“He’s playing from the Trump play book as his campaign is in free fall. Punching down. Playing from the Trump play book and we’ll call it out," Bandt said.</p> <p><em>Image: ABC's Q+A</em></p>

TV

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Our ancestors didn’t eat 3 meals a day. So why do we?

<div class="theconversation-article-body"> <p>Pop quiz: name the world’s most famous trio? If you’re a foodie, then your answer might have been breakfast, lunch and dinner. It’s an almost universally accepted trinity – particularly in the Western world.</p> <p>But how did it come about?</p> <h2>The first meals</h2> <p><a href="https://theconversation.com/when-did-we-become-fully-human-what-fossils-and-dna-tell-us-about-the-evolution-of-modern-intelligence-143717#:%7E:text=Fossils%20and%20DNA%20suggest%20people,%3A%2050%2C000%2D65%2C000%20years%20ago">Early humans</a> were nomadic. Forming small communities, they would travel with the seasons, following local food sources.</p> <p>While we can only guess what daily mealtimes rhythms looked like, evidence dating back <a href="https://global.oup.com/academic/product/feast-9780199209019?cc=nz&lang=en&">30,000 years</a> from the South Moravia region, Czech Republic, shows people visited specific settlements time and again. They gathered around hearths, cooking and sharing food: the first signs of human “commensality”, the practice of eating together.</p> <p>One of the best-preserved hunter-gatherer sites we’ve found is <a href="https://global.oup.com/academic/product/feast-9780199209019?cc=nz&lang=en&">Ohalo II</a> – located on the shores of the modern-day Sea of Galilee (also called Lake Tiberias or Lake Kinneret) in Israel, and dating back some 23,000 years.</p> <p>In addition to several small dwellings with hearths, it provides evidence of diverse food sources, including more than 140 types of seeds and nuts, and various birds, fish and mammals.</p> <p>The development of <a href="https://education.nationalgeographic.org/resource/development-agriculture/">agricultural knowledge</a> some 12,000 years ago gave rise to permanent settlements. The earliest were in the Levant region (across modern-day Iraq, southwestern Iran and eastern Turkey), in an area called the “Fertile Crescent”.</p> <p>Permanent agriculture led to the production of a <a href="https://www.nationalgeographic.com/foodfeatures/evolution-of-diet/">surplus of food</a>. The ability to stay in one place with food on-hand meant the time it took to cook no longer mattered as much.</p> <p>It quickly became common to eat one <a href="https://www.bloomsbury.com/us/history-of-the-world-in-6-glasses-9780802718594/">light meal</a> early in the day, followed by a larger <a href="https://global.oup.com/academic/product/feast-9780199209019?cc=nz&lang=en&">hearth-prepared meal</a> later on. The specific timings would have varied between groups.</p> <h2>Eating together as a rule</h2> <p>The communal nature of foraging and hunting, and later farming, meant humans almost always ate their meals in the <a href="https://doi.org/10.1525/gfc.2009.9.3.42">company of others</a>. In the ancient city-state of Sparta, in the <a href="https://doi.org/10.2307/293895">4th century BCE</a>, these practices were codified as common main meals called <a href="https://doi.org/10.1525/gfc.2017.17.2.51"><em>syssitia</em></a> (meaning “eating together”).</p> <p>These meals were consumed at the end of the day in communal dining halls. Food was served by young boys to tables of 15 or so men who lived together and fought in the same <a href="https://www.perseus.tufts.edu/hopper/text?doc=Perseus%3Atext%3A1999.04.0063%3Aalphabetic+letter%3DS%3Aentry+group%3D5%3Aentry%3Dsyssitia-cn">military division</a>. The men gradually shared generational knowledge with the young boys, who themselves would join the tables by age 20.</p> <p>In the 5th century BCE, Greek historian Herodotus <a href="https://www.penguin.co.nz/books/the-histories-9780140455397">wrote about</a> how <em>syssitia</em> evolved from a Spartan military practice to having deep political meaning in society. Similarly, <a href="https://www.penguin.co.nz/books/the-republic-9780140455113">Plato</a> <a href="https://www.penguin.co.nz/books/the-laws-9780140449846">wrote</a> common meals were an integral component of civil society, and that missing a meal without good reason was a civic offence.</p> <p>By dining in <a href="https://doi.org/10.2307/293895">full view</a> of the rest of society, citizens were compelled to maintain self-discipline. Mealtime was also an opportunity for social linkage, and <a href="https://doi.org/10.1525/gfc.2017.17.2.51">important discussions</a> ranging from business deals to politics.</p> <p>The eating habits of Spartan women are missing in the texts, although it is implied they <a href="https://doi.org/10.1525/gfc.2017.17.2.51">ate at home</a>.</p> <h2>Bunches of lunches</h2> <p>Counter to the tough Spartan way of life, the Romans enjoyed their main meal, <a href="https://www.press.jhu.edu/books/title/1550/everyday-life-ancient-rome?srsltid=AfmBOooVPsJL24HR9woTdVNQwEG1uCU7q0k7r2beD-KD13m0KX-l1dSY"><em>cena</em></a>, earlier in the day, followed by a lighter meal just before bed.</p> <p>The northern European tribes tended towards two larger meals per day, as more <a href="https://doi.org/10.1002/ajpa.23071">sustenance</a> is required in colder climes. To the Vikings, these meals were known as <a href="https://www.historyonthenet.com/what-did-vikings-eat"><em>dagmal</em> and <em>nattmal</em></a>, or day meal and night meal. <em>Nattmal</em> was the cooked evening meal, while <em>dagmal</em> usually consisted of leftover <em>nattmal</em> with the addition of bread and beer or mead.</p> <p>In Australia, evidence suggests Aboriginal peoples tended toward a <a href="https://www.tandfonline.com/doi/full/10.1080/03122417.2022.2089395">daily single meal</a>, which aligns with the predominant method of cookery: slow-cooking with hot coals or rocks in an <a href="https://doi.org/10.1080/03122417.2022.2089395">earth oven</a>. This underground oven, used by Aboriginal and also Torres Strait Islander communities, was referred to as a <a href="https://www.facebook.com/watch/?v=745326709638881&t=0"><em>kup murri</em></a> or <a href="https://www.sbs.com.au/food/the-cook-up-with-adam-liaw/recipe/slow-cooker-kap-mauri/lfza7eqs4"><em>kap mauri</em></a> by some groups.</p> <p>This is similar to other Indigenous preparations throughout the Pacific, such as the New Zealand Māori <a href="https://doi.org/10.1080/15528014.2024.2381305"><em>hāngī</em></a>, Hawaiian <a href="https://www.jstor.org/stable/20707103?seq=1"><em>imu</em></a>, Fijian <a href="https://www.proquest.com/docview/1021389307?accountid=8440&parentSessionId=605Pt1iTclBEC77VSlZvrnxxY%2Bdc7e%2Bx9pT4MgRLPqQ%3D&sourcetype=Dissertations%20&%20Theses"><em>lovo</em></a>, and even the Mayan <a href="https://doi.org/10.1007/s12231-012-9207-2"><em>píib</em></a>.</p> <p>The once-daily meal would have been supplemented with snacks throughout the day.</p> <h2>Three’s the magic number</h2> <p>The timing of meals was heavily influenced by class structure, local climate and people’s <a href="https://www.wiley.com/en-us/Cuisine+and+Culture%3A+A+History+of+Food+and+People%2C+3rd+Edition-p-9780470403716">daily activities</a>. Practicality also played a part. Without reliable lighting, meals had to be prepared and eaten before dark. In settled parts of Northern Europe, this could be as early as 3pm.</p> <p>So how did we go from one or two main meals, to three? The answer may lie with the British Royal Navy.</p> <p>Since its inception in the 16th century, the navy served <a href="https://www.historyhit.com/what-did-sailors-in-the-georgian-royal-navy-eat/">three regular meals</a> to align with the shipboard routine. This included a simple breakfast of ship’s biscuits, lunch as the main meal, and dinner as more of a light supper.</p> <p>Some sources suggest the term “<a href="https://www.grammar-monster.com/sayings_proverbs/square_meal.htm">square meal</a>” may have come from the square wooden trays meals were served in.</p> <figure class="align-center zoomable"><a href="https://images.theconversation.com/files/660040/original/file-20250407-56-xgt2pm.jpg?ixlib=rb-4.1.0&q=45&auto=format&w=1000&fit=clip"><img src="https://images.theconversation.com/files/660040/original/file-20250407-56-xgt2pm.jpg?ixlib=rb-4.1.0&q=45&auto=format&w=754&fit=clip" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px" srcset="https://images.theconversation.com/files/660040/original/file-20250407-56-xgt2pm.jpg?ixlib=rb-4.1.0&q=45&auto=format&w=600&h=455&fit=crop&dpr=1 600w, https://images.theconversation.com/files/660040/original/file-20250407-56-xgt2pm.jpg?ixlib=rb-4.1.0&q=30&auto=format&w=600&h=455&fit=crop&dpr=2 1200w, https://images.theconversation.com/files/660040/original/file-20250407-56-xgt2pm.jpg?ixlib=rb-4.1.0&q=15&auto=format&w=600&h=455&fit=crop&dpr=3 1800w, https://images.theconversation.com/files/660040/original/file-20250407-56-xgt2pm.jpg?ixlib=rb-4.1.0&q=45&auto=format&w=754&h=572&fit=crop&dpr=1 754w, https://images.theconversation.com/files/660040/original/file-20250407-56-xgt2pm.jpg?ixlib=rb-4.1.0&q=30&auto=format&w=754&h=572&fit=crop&dpr=2 1508w, https://images.theconversation.com/files/660040/original/file-20250407-56-xgt2pm.jpg?ixlib=rb-4.1.0&q=15&auto=format&w=754&h=572&fit=crop&dpr=3 2262w" alt="" /></a><figcaption><span class="caption">Initially, sailors recieved a daily gallon of beer with meals. This was later changed to watered-down rum, the infamous ‘grog’, which is being handed out in this 1940 photo taken aboard HMS King George V.</span> <span class="attribution"><a class="source" href="https://www.iwm.org.uk/collections/item/object/205185139">Imperial War Museums</a>, <a class="license" href="http://creativecommons.org/licenses/by-nc/4.0/">CC BY-NC</a></span></figcaption></figure> <p>The <a href="https://www.bbc.com/news/magazine-20243692">Industrial Revolution</a>, which started around 1760, arguably also played a role in formalising the concept of three specific mealtimes across the Western world.</p> <p>The cadence of breakfast, lunch and dinner matched the routine of the longer, standardised workdays. Workers ate breakfast and dinner at home, before and after work, while lunch was eaten with coworkers at a set time.</p> <p>With minimal breaks, and no time for snacking, three substantial meals became necessary.</p> <h2>The fall of the holy trinity</h2> <p>Today, many factors impact the <a href="https://doi.org/10.1016/j.cmet.2015.09.005">time and frequency</a> of our meals, from long work commutes to juggling hobbies and social obligations.</p> <p>The COVID pandemic also impacted how and what we eat, leading us to eat larger amounts of <a href="https://doi.org/10.1016/j.jhealeco.2022.102641">higher calorie foods</a>. The rapid growth of <a href="https://doi.org/10.1017/S1368980020000701">delivery services</a> also means a meal is no more than a few minutes away from most people.</p> <p>All of this has resulted in mealtimes becoming less rigid, with social meals such as <a href="https://rowman.com/ISBN/9781442229433/Brunch-A-History">brunch</a>, <a href="https://www.harpercollins.co.nz/9780261102354/the-fellowship-of-the-ring/">elevenses</a> and <a href="https://rowman.com/ISBN/9781442271029/Afternoon-Tea-A-History">afternoon teas</a> expanding how we <a href="https://doi.org/10.3390/ijerph18126235">connect over food</a>. And mealtimes will continue to <a href="https://doi.org/10.1525/gfc.2013.13.3.32">evolve</a> as our schedules become ever more complicated.<!-- Below is The Conversation's page counter tag. Please DO NOT REMOVE. --><img style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important;" src="https://counter.theconversation.com/content/250773/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" /><!-- End of code. If you don't see any code above, please get new code from the Advanced tab after you click the republish button. The page counter does not collect any personal data. More info: https://theconversation.com/republishing-guidelines --></p> <p><em>By <a href="https://theconversation.com/profiles/rob-richardson-2328981">Rob Richardson</a>, Senior Lecturer in Culinary Arts & Gastronomy, <a href="https://theconversation.com/institutions/auckland-university-of-technology-1137">Auckland University of Technology</a> and <a href="https://theconversation.com/profiles/dianne-ma-2331997">Dianne Ma</a>, Lecturer in Culinary Arts & Gastronomy, <a href="https://theconversation.com/institutions/auckland-university-of-technology-1137">Auckland University of Technology</a></em></p> <p><em>This article is republished from <a href="https://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/our-ancestors-didnt-eat-3-meals-a-day-so-why-do-we-250773">original article</a>.</em></p> <p><em>Image: Shutterstock</em></p> </div>

Food & Wine

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Refinancing your home later in life – what you need to know

<p>There are many reasons why you may look to refinance your home. The obvious one is to lower mortgage repayments with a better rate. However, other reasons people refinance later in life include:</p> <ul> <li>unlocking equity to invest</li> <li>paying down other debts</li> <li>buying a holiday home</li> <li>funding extended travel</li> <li>launching a new business</li> <li>supporting children with a property deposit</li> </ul> <p>Regardless of why you want to refinance, the points below will help you navigate your options.</p> <p><strong>Changing lenders</strong></p> <p>It may have been a while since you last revisited your mortgage, meaning you may not be aware of current lending options and traps.</p> <p>A common trick lenders use is the so-called “headline rate” to grab your attention. However, this interest rate is typically not what you end up paying. It may only be an introductory rate for the first few months, or hefty fees attached may wipe out any savings.</p> <p>Banks aren’t the only ones offering loans nowadays. Registered non-bank lenders, fintechs and online lenders can refinance your mortgage and provide other credit services the same as any bank; they just don’t take cash deposits. Alternatively, you could explore credit unions and mutual societies.</p> <p>Also consider any shareholder benefits you may have. Most banks have done away with them now but may still honour pre-existing ones. If you change lenders, you could lose this entitlement – permanently.</p> <p><strong>Reverse mortgages</strong></p> <p>Generally, only available to people aged 60-plus, a reverse mortgage effectively allows you to unlock equity in your home without you needing to make immediate repayments.</p> <p>However, they often have strict conditions including:</p> <ul> <li>minimum borrowing amounts</li> <li>maximum borrowing ratios</li> <li>higher interest rates than standard mortgages</li> </ul> <p>Crucially, the interest accrues over time and is repaid when you sell, move or pass away. As such, your debt liability grows over time – potentially impacting your future living arrangements and how much is left for beneficiaries in your will.  The Govt has the “loan equity scheme” as another option to lenders.  I just want to highlight the need to be careful with reverse mortgages.</p> <p><strong>Changing homes</strong></p> <p>Rather than selling, downsizing could involve making an investment property your primary residence and then renting out your existing home.</p> <p>This approach may require you to refinance both loans simultaneously. There will also be tax considerations to work through – including Capital Gains Tax liabilities when you do sell, negative gearing, depreciation, and changes to your income tax.</p> <p>Then there are the lifestyle factors to weigh up, especially if you are moving to a different area:</p> <ul> <li>living expenses</li> <li>insurance and travel costs</li> <li>access to healthcare</li> <li>rental income</li> <li>property management expenses</li> </ul> <p>Remember that if you have a Self Managed Super Fund (SMSF), it CANNOT own any property that you directly use yourself, including your home.</p> <p><strong>Becoming Bank of Mum and Dad</strong></p> <p>Refinancing can unlock equity to support adult children with their first property deposit. However, it isn’t without its risks.</p> <p>Ask yourself honestly:</p> <ul> <li>Will this be a gift or loan?</li> <li>If a loan, under what terms? Will interest be applied? How and when will repayments be made? What if they default?</li> <li>What happens if their relationship breaks down, will you get your money back?</li> <li>How does going without that money affect your retirement?</li> <li>Do you have alternative assets to support you if your circumstances change?</li> <li>How does this affect inheritances or deposit contributions to your other children?</li> <li>Can you assist them another way without using your home equity?</li> </ul> <p>Draw up a written agreement outlining all conditions and scenarios to avoid disagreements in the future.</p> <p><strong>Pension impacts</strong></p> <p>Don’t overlook how refinancing your home could impact your pension. While your home is exempt from the means test, any income or assets you generate from unlocking equity is not.</p> <p>You could inadvertently see your pension amount reduced or your eligibility voided altogether. This would come as a nasty shock if you haven’t pre-budgeted for such a change!</p> <p><strong>Getting advice</strong></p> <p>To ensure you get the best bang for your buck when refinancing, be sure to enlist the help of a good:</p> <ul> <li>mortgage broker to source the best loans for your circumstances</li> <li>insurance broker to ensure your cover is right sized for your needs, risk and budget</li> <li>accountant to work through any tax implications</li> <li>estate planner to manage any changes</li> <li>financial adviser to keep your investments and financial strategy working for you</li> </ul> <p>Ultimately, decisions – including about refinancing – are only as good the information you have at hand. So, make sure you have all the relevant facts before signing on the dotted line.</p> <p><em><span style="line-height: 18.4px; font-family: Calibri, sans-serif; color: #242424;">Helen Baker is a licensed Australian financial adviser and author of the new book, Money For Life: How to build financial security from firm foundations (Major Street Publishing $32.99). Helen is among the 1% of financial planners who hold a master’s degree in the field. Proceeds from book sales are donated to charities supporting disadvantaged women and children. Find out more at </span><a style="color: #467886;" title="http://www.onyourowntwofeet.com.au/" href="http://www.onyourowntwofeet.com.au/"><span style="line-height: 18.4px; font-family: Calibri, sans-serif;">www.onyourowntwofeet.com.au</span></a></em></p> <p><em><span style="line-height: 18.4px; font-family: Calibri, sans-serif; color: #242424;">Disclaimer: The information in this article is of a general nature only and does not constitute personal financial or product advice. Any opinions or views expressed are those of the authors and do not represent those of people, institutions or organisations the owner may be associated with in a professional or personal capacity unless explicitly stated. Helen Baker is an authorised representative of BPW Partners Pty Ltd AFSL 548754.</span></em></p>

Money & Banking

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Albanese calls May 3 election, with cost of living the central battleground

<div class="theconversation-article-body">Australians will go to the polls on May 3 for an election squarely centred on the cost of living.</p> <p>Prime Minister Anthony Albanese visited Governor-General Sam Mostyn at Yarralumla first thing on Friday morning.</p> <p>Later he told an 8am news conference at parliament house the election choice was “between Labor’s plan to keep building or Peter Dutton’s plan to cut.</p> <p>"Only Labor has the plan to make you better off over the next three years,” he said. “Now is not the time for cutting and wrecking, punching down.”</p> <p>Less than a week after the federal budget and following an earlier delay caused by Cyclone Alfred, the formal campaign starts with government and opposition neck and neck and minority government considered a real possibility.</p> <p>But in recent days, the government has gained more momentum and Labor enters the campaign more confident than at the start of the year.</p> <p>The aggregated January-March quarterly Newspoll had the Coalition leading Labor 51-49%, but Albanese leading Peter Dutton as preferred PM 45% to 40%. A YouGov poll published March 21 had Labor and Coalition on 50-50. Polling only shows a snapshot of the present, and the campaign itself could be crucial to the election result.</p> <p>This is the fourth consecutive election launched off the back of a budget, with both sides this week bidding for voters’ support with big handouts.</p> <p>Labor pushed through legislation for its $17 billion tax cut, the first stage of which comes in mid next year. Opposition leader Peter Dutton in his budget reply promised a 12-month halving of excise on petrol and diesel and a gas reservation scheme.</p> <p>Labor goes <a href="https://www.abc.net.au/news/elections/federal/2025/guide/pendulum">into the election</a> with 78 seats in the lower house, and the Coalition with 57 (counting the seats of two recent Liberal defectors). The large crossbench includes four Greens and half a dozen “teals”.</p> <p>With a majority being 76 seats in the new 150-seat parliament, the Coalition needs to win 19 seats for an outright majority. This would require a uniform swing of 5.3% (although swings are not uniform). A swing of less than 1% could take Labor into minority. The Coalition would need a swing of about 3.6% to end with more seats than the government. While all states are important if the result is close, Victoria and NSW are regarded as the crucial battlegrounds.</p> <p>If the Coalition won, it would be the first time that a first-term government had been defeated since 1931, during the great depression.</p> <p>Since the end of the second world war, while all first term governments have been reelected, each saw a two-party swing against them.</p> <p>One challenge for Albanese is that he has only a tiny majority, providing little buffer against a swing.</p> <p>The combined vote of the major parties will be something to watch, with the vote steadily declining from 85.47% of the vote just 19 years ago at the 2007 election, to only 68.28% at the 2022 election.</p> <p>Labor won the last election with a two-party vote of<br />52.13% to the Coalition’s 47.87%.</p> <p>As of December 31 2024, 17,939,818 Australians were enrolled to vote.</p> <p>The start of the formal campaign follows a long “faux” campaign in which both leaders have been travelling the length and breadth of the country non-stop, with the government making a series of major spending announcement but the opposition holding back on policy.<!-- Below is The Conversation's page counter tag. Please DO NOT REMOVE. --><img style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important;" src="https://counter.theconversation.com/content/250774/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" /><!-- End of code. If you don't see any code above, please get new code from the Advanced tab after you click the republish button. The page counter does not collect any personal data. More info: https://theconversation.com/republishing-guidelines --></p> <h2>Marginal seats based on the redistribution</h2> <p><img src="https://oversixtydev.blob.core.windows.net/media/2025/03/Antony-Greens-ABC-Electoral-Pendulum.jpg" alt="" width="1280" height="1535" /></p> <p><em> * Seat with a sitting ALP member ** Seat with a sitting Liberal member *** Warringah MP Zali Steggall was elected before the 2022 ‘teals’, but is regarded as one of them. <a href="https://www.abc.net.au/dat/news/elections/federal/2025/guide/FED2025_PostRedistPendulum.pdf" target="_blank" rel="noopener">Antony Green's ABC Electoral Pendulum</a></em></p> <p><em>By <a href="https://theconversation.com/profiles/michelle-grattan-20316">Michelle Grattan</a>, Professorial Fellow, <a href="https://theconversation.com/institutions/university-of-canberra-865">University of Canberra</a></em></p> <p><em>This article is republished from <a href="https://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/albanese-calls-may-3-election-with-cost-of-living-the-central-battleground-250774">original article</a>.</em></p> <p><em>Images: </em><em style="background-color: #ffffff; color: #212529; font-family: -apple-system, 'system-ui', 'Segoe UI', Roboto, 'Helvetica Neue', Arial, sans-serif, 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe UI Symbol', 'Noto Color Emoji'; font-size: 16px; box-sizing: border-box;">Image credits: LUKAS COCH/EPA-EFE/Shutterstock Editorial</em></p> <div class="footer-container" style="box-sizing: border-box; color: #212529; font-family: -apple-system, 'system-ui', 'Segoe UI', Roboto, 'Helvetica Neue', Arial, sans-serif, 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe UI Symbol', 'Noto Color Emoji'; font-size: 16px; background-color: #ffffff;"> </div> </div>

Legal

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Hilarious gift for Home and Away icon after her final scene

<p>After an incredible 33-year run on <em>Home and Away</em>, beloved actress Lynne McGranger has filmed her final scene, marking the end of an era for both the show and its devoted fans. Portraying the iconic Irene Roberts, McGranger’s departure is a moment of celebration and nostalgia for the Australian TV industry.</p> <p>McGranger wrapped up her last scene on the legendary Pier Diner set at Seven’s Eveleigh Studios in Sydney on Wednesday. The emotional moment was met with cheers and heartfelt applause as the cast and crew gathered to witness the final take for the longest-serving female cast member in the show’s history.</p> <p>Producer Lucy Addario led the tributes, presenting McGranger with a bouquet of flowers on behalf of the <em>Home and Away</em> production team. Adding a touch of humour and nostalgia, she was also gifted the famous “Hamburger Phone” – a prop synonymous with the Diner – as a token of appreciation for her unforgettable contribution to the show.</p> <p>Grateful and emotional, McGranger reflected on her incredible journey. “I’ve had the ride of my life. And I love each and every one of you so much: The cast – Ray, Georgie, Emily, Shane, Ada, James, all the youngins,” she said. “The art department, the writers, everybody – there’s so many unsung heroes. This show is made up of so many parts. You’re all amazing, and it’s been my great privilege to work with each and every one of you. I’m touched, I’m humbled, and I’m so honoured. Thank you so much.”</p> <blockquote class="instagram-media" style="background: #FFF; border: 0; border-radius: 3px; box-shadow: 0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width: 540px; min-width: 326px; padding: 0; width: calc(100% - 2px);" data-instgrm-captioned="" data-instgrm-permalink="https://www.instagram.com/reel/DHp-tuUCy-h/?utm_source=ig_embed&utm_campaign=loading" data-instgrm-version="14"> <div style="padding: 16px;"> <div style="display: flex; flex-direction: row; align-items: center;"> <div style="background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 40px; margin-right: 14px; width: 40px;"> </div> <div style="display: flex; flex-direction: column; flex-grow: 1; justify-content: center;"> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 100px;"> </div> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 60px;"> </div> </div> </div> <div style="padding: 19% 0;"> </div> <div style="display: block; height: 50px; margin: 0 auto 12px; width: 50px;"> </div> <div style="padding-top: 8px;"> <div style="color: #3897f0; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: 550; line-height: 18px;">View this post on Instagram</div> </div> <div style="padding: 12.5% 0;"> </div> <div style="display: flex; flex-direction: row; margin-bottom: 14px; align-items: center;"> <div> <div style="background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(0px) translateY(7px);"> </div> <div style="background-color: #f4f4f4; height: 12.5px; transform: rotate(-45deg) translateX(3px) translateY(1px); width: 12.5px; flex-grow: 0; margin-right: 14px; margin-left: 2px;"> </div> <div style="background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(9px) translateY(-18px);"> </div> </div> <div style="margin-left: 8px;"> <div style="background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 20px; width: 20px;"> </div> <div style="width: 0; height: 0; border-top: 2px solid transparent; border-left: 6px solid #f4f4f4; border-bottom: 2px solid transparent; transform: translateX(16px) translateY(-4px) rotate(30deg);"> </div> </div> <div style="margin-left: auto;"> <div style="width: 0px; border-top: 8px solid #F4F4F4; border-right: 8px solid transparent; transform: translateY(16px);"> </div> <div style="background-color: #f4f4f4; flex-grow: 0; height: 12px; width: 16px; transform: translateY(-4px);"> </div> <div style="width: 0; height: 0; border-top: 8px solid #F4F4F4; border-left: 8px solid transparent; transform: translateY(-4px) translateX(8px);"> </div> </div> </div> <div style="display: flex; flex-direction: column; flex-grow: 1; justify-content: center; margin-bottom: 24px;"> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 224px;"> </div> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 144px;"> </div> </div> <p style="color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; line-height: 17px; margin-bottom: 0; margin-top: 8px; overflow: hidden; padding: 8px 0 7px; text-align: center; text-overflow: ellipsis; white-space: nowrap;"><a style="color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: normal; line-height: 17px; text-decoration: none;" href="https://www.instagram.com/reel/DHp-tuUCy-h/?utm_source=ig_embed&utm_campaign=loading" target="_blank" rel="noopener">A post shared by 7NEWS Sydney (@7newssyd)</a></p> </div> </blockquote> <p>Though McGranger’s time on set has concluded, her character’s exit storyline promises to keep viewers captivated for months to come. Since her debut in January 1993, Irene has been a cornerstone of Summer Bay, known for her toughness, sharp wit and heart of gold. A recovered alcoholic who turned her life around, Irene’s journey has seen her take in numerous foster children and face some of the show’s most dramatic storylines, from battling breast cancer to surviving bomb explosions and plane crashes.</p> <p>Throughout the years, Irene’s signature catchphrases – “girly”, “darl”, and “flippin’ heck!” – have cemented her place in Australian pop culture. In 2023, <em>TV WEEK</em> even ranked her the second Greatest Australian TV Character Of All Time, a testament to McGranger’s unforgettable performance <span style="font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;">(Alf was No.1, in case you're wondering)</span><span style="font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;">.</span></p> <p>Even as fans prepare to say goodbye to Irene Roberts over the coming months, McGranger’s legacy will live on in the hearts of <em>Home and Away</em> viewers. Her unmistakable charm has left an indelible mark on the show, and she will always be remembered as a true Summer Bay icon.</p> <p><em>Images: Network 7</em></p>

TV

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Why do I grieve my childhood home so much now we’ve sold it?

<div class="theconversation-article-body"> <p>Grief can hit us in powerful and unanticipated ways. You might expect to grieve a person, a pet or even a former version of yourself – but many people are surprised by the depth of sad yearning they can feel after selling the childhood home.</p> <p>In fact, it is <a href="https://link.springer.com/article/10.1007/s10615-018-0682-5">normal to grieve a place</a>. And this grief can be especially profound if it coincides with a parent dying or moving into residential aged care, leading to the sale of their house.</p> <p>Grief is the response to the loss of anything to which we have an emotional connection. A <a href="https://link.springer.com/article/10.1007/s10615-018-0682-5">growing body</a> of <a href="https://www.taylorfrancis.com/books/mono/10.4324/9780203860731/counting-losses-darcy-harris">research</a> is looking at how grief can extend to “non-person” losses such as infertility, loss of religion and, yes, the loss of a former home.</p> <h2>Why would someone grieve a house?</h2> <p>The childhood home can be an important place for many of us. It literally housed our formative development, family bonds, and core memories. Hopefully, the childhood home is where we learned about safety, security and love.</p> <p>It was likely surrounded by our neighbourhood, and close to important places such as school, playgrounds and friends’ houses. It is no wonder we grieve it when it’s gone.</p> <p>It’s normal to <a href="https://www.taylorfrancis.com/chapters/edit/10.4324/9781315126197-20/grieving-lost-home-marc-fried">grieve things we can’t see and touch</a> but are real and valued. Just as a <a href="https://doi.org/10.1002/pon.70031">serious diagnosis might trigger</a> grief for an imagined future for yourself, or an <a href="https://doi.org/10.1177/1049732314538550">identity</a> you once cherished, loss of a childhood home can hit us harder than we think.</p> <p>When you sell a once-beloved home, you don’t just lose the physical space. You also lose all of what that space might represent, such as birthday celebrations, Christmas lunches, sleepovers with friends or many happy hours playing in the garden.</p> <p>The childhood home often is a symbol of family connection and an anchor in the storm of life. Thinking of the home and all it represents can elicit nostalgia. In fact, the word “nostalgia” <a href="https://www.bps.org.uk/psychologist/nostalgia-cowbells-meaning-life">derives from the Greek</a> words <em>nostos</em> (return) and <em>algos</em> (pain). The word is rooted in the pain we often feel being away from home.</p> <p>And just as siblings are unique – each with different memories of and connections to their childhood home – their responses to its sale can differ markedly. It is normal if your sister or brother grieves the home in a different way to you – or maybe doesn’t even seem to grieve its loss at all.</p> <h2>A complicated grief</h2> <p>When a childhood home is sold because of the death of parents, the feelings of loss about the home are closely linked. The home being sold can be a type of secondary loss that sits in the periphery to the primary loss of parents.</p> <p>Grieving the deaths might, at first, take precedence over the loss of the home.</p> <p>It might only be later that the loss of the home and all it represents becomes apparent. Because the home provides a connection to the deceased person, the loss of the home might add another layer of grief about your parents. Perhaps you find that whenever you recall memories of mum or dad, they seem always to be at the house.</p> <p>It’s also normal if you feel immense <a href="https://link.springer.com/article/10.1007/s10615-018-0682-5">guilt</a> about grieving the home. People might chastise themselves for worrying about “silly things” and not grieving “enough” about the person who died. <a href="https://www.agingcare.com/questions/how-do-i-deal-with-the-guilt-of-selling-moms-house-481550.htm">Guilt about selling the home</a> can also be common.</p> <p>Not everyone has positive memories of their childhood home. Difficult family dynamics, maltreatment and abuse can complicate the emotional connection to childhood spaces and the grief response to their loss.</p> <p>In such cases, the loss of the childhood home can elicit grief about the loss of the childhood that could have – and should have – been. The loss of a home that was the site of discord can be even more challenging than for people with more idyllic childhood experiences.</p> <h2>How can I cope with this loss?</h2> <p>Grief from the loss of a childhood home is <a href="https://link.springer.com/article/10.1007/s10615-018-0682-5">real and valid</a>. We should recognise this and be kind to ourselves and others experiencing it. We shouldn’t minimise the loss or make fun of it.</p> <p>Usually, the loss is anticipated, and this allows you to take photos, furniture or mementos from the home or garden before you leave or sell.</p> <p>Grief researchers call these “<a href="https://www.sciencedirect.com/science/article/pii/S0010440X20300031">transitional</a> <a href="https://www.tandfonline.com/doi/abs/10.1080/13576270412331329812">objects</a>”. They may help you maintain a connection to what is lost, while still grieving the place.</p> <p><a href="https://link.springer.com/article/10.1007/s10615-018-0682-5">Social support</a> while grieving is important. Some people share memories and photos of the home with their siblings, or derive comfort from driving by the home.</p> <p>Just be prepared for the possibility it will likely change as the new owners adapt it to their needs. You might feel affronted, but hopefully can eventually accept the property now belongs to someone else.</p> <p>Chat to your doctor if the loss is particularly difficult, and your grief doesn’t change and subside over time. They might be able to recommend a psychologist who specialises in grief.</p> <p><em>If this article has raised issues for you, or if you’re concerned about someone you know, call Lifeline on 13 11 14.</em><!-- Below is The Conversation's page counter tag. Please DO NOT REMOVE. --><img style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important;" src="https://counter.theconversation.com/content/251058/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" /><!-- End of code. If you don't see any code above, please get new code from the Advanced tab after you click the republish button. The page counter does not collect any personal data. More info: https://theconversation.com/republishing-guidelines --></p> <p><em>By <a href="https://theconversation.com/profiles/lauren-breen-1142446">Lauren Breen</a>, Professor of Psychology, <a href="https://theconversation.com/institutions/curtin-university-873">Curtin University</a></em></p> <p><em>This article is republished from <a href="https://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/why-do-i-grieve-my-childhood-home-so-much-now-weve-sold-it-and-what-can-i-do-about-it-251058">original article</a>.</em></p> <p><em>Image: </em><em>RDNE Stock project/Pexels</em></p> </div>

Home & Garden

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A decade in the making: Jamie Durie finally unveils dream home

<p>After a decade of meticulous planning, popular TV host Jamie Durie has finally revealed his dream home, a breathtaking sustainable property on Sydney’s Northern Beaches.</p> <p>The Seven Network presenter took to Instagram to share an album of images showcasing the eco-friendly sanctuary he built for his family. "Grateful. 10 years of planning, 2 years of construction and we’re finally back home," Durie, 54, captioned the post.</p> <p>The luxurious and environmentally conscious home is now the residence of Durie, his fiancée Ameka Jane, and their two children: three-year-old daughter Beau and one-year-old son Nash.</p> <p>The entire process of planning and construction has been chronicled on Durie’s latest TV venture, <em>Growing Home With Jamie Durie</em>, airing on Seven.</p> <p>"It’s been a lifelong dream of mine to build an off-the-grid house," Durie told <em>Woman’s Day</em> in November. "Ten years ago, I sketched the house. We lodged the plans five years ago, and then the last two years have been dedicated to construction."</p> <p>Durie said that the journey to completion was anything but smooth. "I don’t think poor Ameka had any idea what she was signing up for when we met. But she came up with a number of ideas that added a lot of value to it."</p> <p>He also admitted that building the house tested the family in a variety of ways. "Any family out there who’s building their own house will go through the same as what we’ve gone through," he said. "Huge budget blowouts, rising interest rates, massive construction costs that are constantly going up. We’ve had to go back to the bank four times." </p> <p>Despite the hurdles, Durie and Jane remained committed to using innovative eco-friendly features wherever they could. "We challenged ourselves with new eco-initiatives that not many people would ever dream of trying, or may not even know about," he said, before describing the experience as "the toughest project I have ever taken on in my whole life".</p> <p>Following Durie’s Instagram reveal, a wave of celebrity friends flooded the comments section with praise for the spectacular home. <em>The Morning Show</em>’s Larry Emdur wrote, "Mate!!! Just wow";fFormer Bachelor star Anna Heinrich called it "incredible"; while TV personality Sally Obermeder simply stated, "WOW". </p> <p>Comedian Dave Hughes was equally impressed, writing, "That’s proper wow. My god." <em>Getaway</em> host Catriona Rowntree described the home as "bloomin’ gorgeous".</p> <p><em>Images: Instagram</em></p>

Real Estate

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Desperate Aussie dad sparks brutal immigration debate on Q+A

<p>An Australian father, fearing that another rent hike could push his family into homelessness, directly challenged the federal government’s immigration policies on national television.</p> <p>Morgan Cox, a father of a one-year-old, raised his concerns on ABC’s <em>Q+A</em> program on Monday night. The episode, broadcast from the federal election battleground of Wyong on the Central Coast of New South Wales, saw an emotionally charged exchange between Cox and Federal Health Minister Mark Butler.</p> <p>Cox detailed his dire financial situation, explaining that he had recently received notice of a $180-per-week rent increase – an additional $10,000 annually. “I tried to find a cheaper place and there just aren’t any," Cox said. "What little is available, there’s dozens of people lined up. Lots of them are immigrants and they have plenty more money than I can possibly get.” </p> <p>The audience applauded as he pressed the government on whether it planned to curb immigration to align with housing availability. In response, Butler expressed sympathy, acknowledging the widespread struggles with housing affordability.</p> <p>“I’m so sorry you’re going through that and it’s a story we all hear right across the country, particularly in the bigger states around the big cities,” Butler said. He then noted that the government was working to bring immigration levels down to sustainable levels, but said that it is difficult to control departures of temporary residents.</p> <p>“What we’ve found after those efforts is that the arrival numbers have returned to about pre-Covid levels, but we’re not managing the exits – the people returning home after studying or short-term skilled work. We’re working very hard on that,” Butler explained.</p> <p>However, Cox appeared visibly frustrated, questioning why the government could not simply halt immigration until housing supply could meet demand.</p> <p>Former NSW Treasurer Matt Kean, also on the panel, argued that the issue was more complex than immigration alone. “The reality is that we need more housing supply," he said. "More supply into the system means more availability for renters, for homeowners – more choice.” </p> <p>He further criticised excessive bureaucracy in housing development. “There’s way too much red tape and green tape stopping housing developments, whether it’s Sydney, Melbourne, or right across Australia,” he added.</p> <p>As housing affordability continues to be a pressing concern for many Australians, the government clearly faces increasing pressure to strike a balance between population growth and adequate housing solutions.</p> <p><em>Images: ABC</em></p>

Money & Banking

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Replacing stamp duty with a land tax could save home buyers big money. Here’s how

<div class="theconversation-article-body"> <p>Infrastructure Victoria has released a <a href="https://assets.infrastructurevictoria.com.au/assets/Victorias-draft-30-year-infrastructure-strategy.pdf">draft 30-year plan </a> outlining how the state can grow sustainably.</p> <p>It focuses on key areas like transport, housing, energy, and public services to support a growing population and improve liveability. The plan also suggests ways to make the state’s infrastructure and tax system fairer, more efficient and more sustainable.</p> <p>The plan’s recommendations are expected to cost between A$60 billion and $75 billion, mostly spent before 2035. This is around 10% of <a href="https://www.abs.gov.au/statistics/economy/national-accounts/australian-national-accounts-state-accounts/2023-24-financial-year#data-downloads">Victoria’s yearly economic output</a> in 2023-24, spread over the next decade.</p> <p>With Victoria already spending record amounts on infrastructure, and <a href="https://pbo.vic.gov.au/document/BudgetUpdateSnapshot2024-25">budget deficits forecast</a> until 2025-26, finding the money to fund social housing, transport and other projects is a key challenge. We estimate the Infrastructure Victoria proposals would add between $4 billion and $5 billion to Victorian government expenditure each year.</p> <p>Yet one of its proposals — replacing stamp duty with an annual land tax — would only cost between $1 million and $5 million to implement, but generate substantial gains for Victorian households.</p> <h2>Why replace stamp duty with land tax?</h2> <p>Stamp duty is one of the biggest barriers to moving house in Victoria and other Australian states. This tax, which people pay when they buy property, adds thousands of dollars to the cost of moving.</p> <p>In 2022-23, Victorians paid about <a href="https://www.abs.gov.au/statistics/economy/national-accounts/australian-national-accounts-state-accounts/2023-24-financial-year#data-downloads">$12 billion</a> to move house. Of this, $3 billion went to actual moving costs (like real estate services, and removalists) and $9 billion was <a href="https://www.abs.gov.au/statistics/economy/government/taxation-revenue-australia/latest-release#data-downloads">stamp duty</a>.</p> <p>That’s an effective tax rate of 300% on the true cost of moving, and in 2023 <a href="https://www.e-business.sro.vic.gov.au/calculators/land-transfer-duty">added about</a> $40,000, or 5.3%, to the cost of purchasing the average Victorian home.</p> <p>High stamp duty discourages people from relocating, even when their needs change — whether that’s moving for a new job, finding a bigger home for a growing family or downsizing after retirement. This leads to longer commutes, traffic congestion and a less efficient housing market. </p> <p>Switching from stamp duty to an annual land tax would make moving easier and spread the tax burden more fairly.</p> <p>Instead of a large, one-time tax when buying a home, all landowners would pay a smaller tax each year. This would help fund schools, hospitals, and other infrastructure more sustainably.</p> <h2>What can we learn from Canberra?</h2> <p>Victoria University’s Centre of Policy Studies <a href="https://www.treasury.act.gov.au/__data/assets/pdf_file/0009/1618407/cops-final-report.pdf">studied a similar reform</a> in the Australian Capital Territory, where stamp duty has been gradually phased out since 2012 and replaced with higher general rates (a type of land tax).</p> <p>Each year, the ACT government sets a target for how much money it needs to raise. Landowners then pay a share of that total, based on the value of their land.</p> <p>One of the biggest benefits of this approach is that it raises money more efficiently. Unlike other taxes, land taxes don’t discourage investment or economic activity.</p> <p>The study found removing stamp duty had a big positive impact on the ACT’s economy. Around 80% of the economic boost came from removing stamp duty, while introducing land tax also had benefits. By studying transaction data from the ACT, we showed each 10% reduction stamp duty rates drove a 6% rise in property transactions.</p> <h2>Would it help housing affordability?</h2> <p>One of the main arguments for replacing stamp duty with land tax is its effect on housing prices. Economists widely agree land taxes reduce land values, which makes housing more affordable. </p> <p>However, the impact of removing stamp duty is less predictable. Our previous research found <a href="https://theconversation.com/swapping-stamp-duty-for-land-tax-would-push-down-house-prices-but-push-up-apartment-prices-new-modelling-finds-184381">the effect on house prices</a> depends on how often properties are bought and sold. Apartments, for example, tend to change hands more frequently than houses. Because of this, removing stamp duty tends to push up apartment prices more than house prices.</p> <p>Even so, the overall effect of the reform is a drop in property prices. The challenge is ensuring this price reduction is evenly spread across different types of housing.</p> <h2>A fairer tax system</h2> <p>To make the system fairer, policymakers could adjust how land tax is applied. One option is to introduce a fixed-rate component, as <a href="https://www.revenue.nsw.gov.au/grants-schemes/previous-schemes/first-home-buyer-choice">proposed </a> in New South Wales. Another idea, suggested 15 years ago in the <a href="https://treasury.gov.au/sites/default/files/2019-10/afts_final_report_part_1_consolidated.pdf">Henry Tax Review</a>, is to base the tax on the per-square-metre value of land.</p> <p>Another key factor is housing supply. If planning laws allow more high-density housing in inner suburbs, price changes could be better managed.</p> <h2>We also need short-term solutions</h2> <p>Replacing stamp duty with land tax is a long-term reform that would take years to fully implement. The ACT, for example, planned a 20-year transition.</p> <p>If all state governments implemented this reform, we estimate Australian households would ultimately be <a href="https://www.copsmodels.com/ftp/workpapr/g-337.pdf">better off by about</a> $,1600 per household per year.</p> <p>In the short term, <a href="https://theconversation.com/whats-the-best-way-to-ease-rents-and-improve-housing-affordability-we-modelled-4-of-the-governments-biggest-programs-225446">other policies </a> could help improve housing affordability. These include increasing Commonwealth Rent Assistance and rethinking first-home buyer support. These steps could complement broader tax, infrastructure and housing supply reforms.</p> <p>The Victorian government is <a href="https://engage.vic.gov.au/victorias30yearinfrastructurestrategy">seeking feedback</a> on the draft plan before releasing the final version later this year. This is an opportunity for Victorians to contribute ideas on how to shape the state’s future and ensure its infrastructure and tax system work for everyone.<!-- Below is The Conversation's page counter tag. Please DO NOT REMOVE. --><img style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important;" src="https://counter.theconversation.com/content/251472/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" /><!-- End of code. If you don't see any code above, please get new code from the Advanced tab after you click the republish button. The page counter does not collect any personal data. More info: https://theconversation.com/republishing-guidelines --></p> <p><a href="https://theconversation.com/profiles/jason-nassios-318488"><em>Jason Nassios</em></a><em>, Associate Professor, Centre of Policy Studies, <a href="https://theconversation.com/institutions/victoria-university-1175">Victoria University</a> and <a href="https://theconversation.com/profiles/james-giesecke-9853">James Giesecke</a>, Professor, Centre of Policy Studies and the Impact Project, <a href="https://theconversation.com/institutions/victoria-university-1175">Victoria University</a></em></p> <p><em>This article is republished from <a href="https://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/replacing-stamp-duty-with-a-land-tax-could-save-home-buyers-big-money-heres-how-251472">original article</a>.</em></p> <p><em>Image: 7news.com.au</em></p> </div>

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"I'm not ready to go yet": Leading Aussie doctor given months to live

<p>Leading melanoma researcher and Australian of the Year recipient Professor Richard Scolyer has revealed that he has only months to live following the return of his brain cancer.</p> <p>Diagnosed with incurable glioblastoma two years ago, Professor Scolyer chose to <a href="https://www.oversixty.com.au/health/caring/doctor-beats-cancer-using-his-own-treatment" target="_blank" rel="noopener">undergo an experimental immunotherapy treatment</a>, defying his initial six-month prognosis. His remarkable journey was documented in a study published in late February, detailing the innovative approach he helped pioneer. However, after undergoing surgery last week, doctors confirmed that the aggressive cancer had returned.</p> <p>“Unfortunately, there is a larger volume of quickly growing brain cancer (glioblastoma, IDH WT, unmethylated etc.) in my left brain,” Professor Scolyer shared in an emotional social media post on Monday. “The prognosis is poor. Whilst some of my recurrent tumour was removed last week, some of it couldn’t be because of its site.”</p> <p>Despite the devastating news, Professor Scolyer remains hopeful that the experimental treatment he volunteered for could pave the way for future medical breakthroughs. Alongside his colleague and friend, Professor Georgina Long, he was named a 2024 Australian of the Year for their groundbreaking work in melanoma research and immunotherapy advancements.</p> <p>“I greatly appreciate the support of all my family, friends, and colleagues who have been looking after me so well and the incredible research that has been performed,” he said. “I hope the latter will change the field and patient outcomes in the not too distant future.”</p> <p>In a heartfelt interview on <em>A Current Affair</em> with Ally Langdon on Monday, the father-of-three shared his decision to forgo further experimental treatments, choosing instead to spend his remaining time with his loved ones.</p> <p>“It could help, but my heart’s not in the same place as what it was before,” he admitted.</p> <p>“It’s not fair, but there’s a lesson for everyone … make the most of every day because you don’t know what’s around the corner.”</p> <p>“I’m not ready to go yet. I love my life,” he said. “I guess I feel lucky that I’ve been able to go for so long without a recurrence of it.”</p> <p><em>Images: A Current Affair</em></p>

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Over 350k Aussies to be forced back into the office

<p>Opposition leader Peter Dutton has vowed to end working from home arrangements for public servants, forcing them back into an office five days a week. </p> <p>The leader of the Coalition will end flexible work arrangements for federal government employees, which currently allows them to work from home for two days a week.</p> <p>According to a report in the <a href="https://www.afr.com/policy/economy/coalition-to-force-public-servants-to-return-to-the-office-20250303-p5lge3" target="_blank" rel="noopener" data-link-type="article-inline"><em>Australian Financial Review</em>,</a> the Coalition will also make massive job cuts, slashing about 36,000 jobs, which will save about $6 billion per year, if elected in the upcoming federal election.</p> <p>Prime Minister Anthony Albanese warned that the drastic move would impact frontline workers, meaning slower delivery times for Aussies on benefits, including veterans.</p> <p>Opposition spokeswoman Jane Hume said the government has offered a “blank cheque to work from home” to employees, saying it was “unsustainable” and “not an arrangement that works for everyone”.</p> <p>On Tuesday, <em>7News</em> reporter Nick McCallum and Founding Director of Western Sydney Women, Amanda Rose, spoke with Nat Barr about the policy on <em>Sunrise</em>.</p> <p>“Nick, would there be a revolt if public servants are ordered back to the office?” Barr asked.</p> <p>“I have no doubt there would be. I actually like the policy. I think it is ridiculous that, what is it now, more than 60 per cent of federal public servants have ability to work at home,” McCallum said.</p> <p>“There is a big ‘but’ to all of this: Peter Dutton, it’s a perfect policy for him to sound tough, sound Donald Trump-like, bang his chest and say ‘I am going to demand they come back’ but they’ve recently signed a workplace agreement and under that there is a presumption that they can work at home."</p> <p>“All people in the public service can at least request it. There is a presumption they can do it and there is no limit on the number of days they can actually work from home."</p> <p>“So, he can’t really change that until 2027 anyway. So, call me cynical but it’s a perfect policy for him but at the moment he can’t do a lot about it.”</p> <p><em>Image credits: STEVEN MARKHAM/EPA-EFE/Shutterstock Editorial </em></p>

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Methanol victims parents call for boycott

<p>The parents of Bianca Jones and Holly Bowles, the two Melbourne teenagers who died of methanol poisoning in Laos, have urged Australians to boycott the country, after the government refused to meet with them three months after the tragedy. </p> <p>The two 19-year-olds were on a trip of a lifetime in Vang Vieng last November when they fell ill after consuming drinks that contained methanol at the Nana Backpacker Hostel. </p> <p>Bianca's parents, Mark and Michelle Jones, have told ABC on Monday that they still have not received any updates from the Laos government. </p> <p>“I mean, our girls were murdered and nothing’s getting done. And that’s really hard,” they said. </p> <p>“What are they hiding? That’s what I’m thinking, that’s what we’re all thinking. Someone’s got to be accountable for it.”</p> <p>Holly's mum has also urged Australian's against travelling to the country, saying: “Don’t go. Don’t go. It’s just not safe for travellers, it just isn’t, and we’ve seen that first hand." </p> <p>Mr Bowles added, if Laos wants “people to come to your country, make it safe. Make it a safe place”.</p> <p>The parents of Anne-Sofie Orkild, who also passed away after consuming the drink, agreed that a boycott of Laos is their only hope for answers. </p> <p>“It’s a lot of leverage, it’s a lot of money,” they said. </p> <p>“Our recommendation is not to go to Laos, it will hurt them.”</p> <p>Though the hostel remains closed, the staff members who were arrested after the tragedy have since been released from custody and are believed to be under house arrest, according to the ABC. </p> <p>“We were led to believe they had 12 people in custody, they’ve all been released,” Mr Jones said. </p> <p>“It’s incredibly concerning, it seems to reek of a cover-up.</p> <p>“I can’t imagine that from the distilling process through to handing out drinks, there’s not one Lao national who was involved in the chain – so something seems incredibly off.”</p> <p>Since the tragedy, the Australian government has backed the families' call for a transparent and thorough investigation, with Foreign Affairs Minister Penny Wong telling <em>Sunrise </em>last month: “I completely understand the anguish of the families who haven’t heard from the Laotian government for the last couple of months.</p> <p>“We will continue to press the Laotian government.”</p> <p><em>Image: 60 Minutes/ 7News</em></p>

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Albo quizzed over luxury home purchase

<p>Anthony Albanese has been grilled by Karl Stefanovic over the recent purchase of a multi-million dollar home, that was widely slammed by the public as being "out of touch". </p> <p>As part of his pre-election campaign, the Prime Minister and his fiancé Jodie Haydon sat down with <em>60 Minutes</em> where they discussed the controversial real estate move. </p> <p>Karl Stefanovic described as the $4.1 million purchase of the Copacabana holiday home as “harebrained", as Albo defended his decision to buy the home. </p> <p>“Whose harebrained idea was Copacabana?” Stefanovic asked as the program began.</p> <p>Mr Albanese, who is notoriously sensitive about the purchase amid claims it was tone-deaf during a cost-of-living crisis, laughed at the question as he responded, “Look, Jodie and I are getting married.”</p> <p>“What you don’t do is move into the family home where Carmel and I raised Nathan together as a family. And guess what, Karl? At some stage … I won’t be Prime Minister into my 80s and therefore we have bought a place close to where Jodie grew up … where her family are all based.”</p> <p>In the program, Stefanovic observed that, “I’ve spent some time with her these last couple of days and I get the feeling the girl from the Central Coast would sooner rather than later have her feet up at Copacabana, whether you are there or not!”</p> <p>“No — well, she’s a Coastie and a proud one,” Mr Albanese replied. “And it was very much a personal decision, not a political one. And I think Australians get that.”</p> <p>Karl then asked about the controversy around the home, asking the PM, “Did it sting you at all the criticism around that, the perception being during a cost-of-living crisis, the PM shouldn’t be seen as being, you know, so lavish?” </p> <p>Albanese responded, “I’m pretty resilient, Karl, and if you’re worried about every bit of criticism that was out there, then life would be much more difficult than it is."</p> <p><em>Image credits: 60 Minutes </em></p> <p style="box-sizing: inherit; border: 0px; font-stretch: inherit; line-height: inherit; font-family: 'Helvetica Neue', HelveticaNeue, Helvetica, Arial, sans-serif; font-size-adjust: inherit; font-kerning: inherit; font-variant-alternates: inherit; font-variant-ligatures: inherit; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-position: inherit; font-feature-settings: inherit; font-optical-sizing: inherit; font-variation-settings: inherit; font-size: 18px; margin: 0px 0px 24px; padding: 0px; vertical-align: baseline;"> </p>

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Bunnings workers find deadly snake in gardening aisle

<p>Bunnings workers were stunned to find a tiger snake among the flower pots in the gardening section of the hardware store's Goulburn branch in NSW. </p> <p>Tiger snakes are one of the most venomous snakes in the nation and the "vibrant orange" reptile was trapped in a large pot, before snake catcher Ray McGibbon was called to relocate it. </p> <p>In an interview with Yahoo News, McGibbon said he was stunned by the snake's markings which were "not typical of tiger snakes".</p> <p>"It was very orange and vibrant," he said.</p> <p>"Cool climate reptiles are usually darker colours... it's like us wearing dark clothing in a cooler climate, it will attract the heat faster.</p> <p>"If you look at Queensland in comparison, the reptiles up there are brighter in colour because of the hotter climate."</p> <p>He also doesn't recommend placing a pot over a reptile, and said the best course of action would be to keep your distance, especially if it's venomous. </p> <p>Luckily, the snake was placid and easy to relocate, with McGibbon releasing it in nearby bushland. </p> <p>Tiger snakes account for an estimated 17 per cent of snake bites in Australia with four known deaths recorded, according to Australia Wide First Aid.</p> <p>"It's not really common to find one in Bunnings, they just randomly pop up every now and then. It was a warm day so it will have come inside to sit on the cool concrete. They're cold-bloodied but they're like us, if they're too hot they'll retreat for something cool," McGibbon added. </p> <p><em>Images: Facebook</em></p>

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Search for missing fisherman called off

<p>Police have suspended their search for fisherman Paul Barning who fell overboard his boat during a fishing competition in New South Wales. </p> <p>The 58-year-old was competing in the Game Fishing Association state tournament off the Port Stephens coast on Sunday, when he fell overboard while trying to reel in   large mako shark. </p> <p>Barning was helping his crew when became entangled in fishing wire and was dragged into the water as the shark darted back into the ocean.</p> <p>After a major three-day search, NSW Police have called off the search on Tuesday morning, with his family saying they “have no words” to describe how they are feeling. </p> <p>“Despite the efforts of searchers, the man has not yet been located and the search was suspended at 5pm today and will not resume (on Wednesday),” NSW Police said.</p> <p>The fisherman's wife, Leonie told <em>7News</em> that the family have mixed emotions after the search was suspended, but are extremely grateful to everyone involved. </p> <p>“We just want to send out a huge thank you to everyone involved in the search and rescue, we were informed every step of the way,” she said.</p> <p>“And a huge thank you to the whole fishing community. We have been overwhelmed with kindness from everyone.</p> <p>“Our family meant everything to Paul, he would never hesitate to do the same for anyone else.”</p> <p>It is understood the fisherman was not wearing a life jacket when he went overboard. </p> <p>Barning, a father-of-three, was an experienced game fisherman and the secretary and past president of the Port Hacking Game Fishing Club.</p> <p>A <a href="https://www.gofundme.com/f/the-barning-family" target="_blank" rel="noopener">GoFundMe </a>has since been launched by NSW Game and Fishing Association president Steve Lamond, to assist Barning's family during this difficult time, with over $148,000 raised. </p> <p>“We are raising funds to assist the family through this tragic time so they can focus on processing their grief," the fundraiser read. </p> <p>“Anything you could give to assist will be greatly appreciated.”</p> <p><em>Image: NSW Marine Rescue/ Facebook</em></p>

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"Absolutely cooked": Old Sydney home sold for over $4.1 million

<p>A one-storey red brick home in Lane Cove, Sydney has sold for a whopping $4,165,000 at an auction on Saturday. </p> <p>The home, which boasts two bathrooms, a backyard, four bedrooms and a “traditional kitchen” has sold for more than $600,000 over reserve, despite being built between the 1920s-1950s and needing renovation. </p> <p>The home was snapped up by a British family after a fierce bidding war with six other registered buyers. </p> <p>“The people who purchased it were the opening bid. (The bidders) were actively bidding into the high threes, and two of them pushed it above the four mark,” said Sam Lloyd from McGrath Estate Agents.</p> <p>“As far as we know, they will definitely do some work to it to make it their family home.”</p> <p>Lloyd added that there was was “plenty of interest” in the 695 sqm property, with its prime location near the suburb's retail and restaurant precinct. </p> <p>The selling agent said that both himself and the owner were “surprised” by the high price of the property – which had a reserve of $3.5 million.</p> <p>“It was definitely above our expectations” he said.</p> <p>According to Domain, the median house price for a four bedroom home in Lane Cove is $3.505 million. </p> <p>Many expressed their outrage over the "crazy" price online, with freelancer chief executive Matt Barrie saying: “Sydney house prices rapidly approaching $5m. Absolutely cooked."</p> <p>“$4 million for the house, plus another $2-3 million to demolish and rebuild. The reality of living in Australia where even the top one per cent income earners face significant costs for home ownership,” another added. </p> <p>“Our economy is out of control, what a ridiculous price for an average house,” a third wrote.</p> <p>“That’s some crazy pricing! I hear Adelaide is lovely this time of year …” a fourth commented. </p> <p><em>Image: Domain</em></p>

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Prince William’s heartbreaking call after Kate's cancer diagnosis

<p>A former aide to the Prince of Wales has revealed that he was at his "lowest" after his wife Princess Kate was diagnosed with cancer about <a href="https://www.oversixty.com.au/health/caring/kate-middleton-reveals-cancer-diagnosis-in-heartfelt-message" target="_blank" rel="noopener">a year ago</a>. </p> <p>In an interview with <em>60 Minutes Australia</em>, Jason Knauf, who was the chief executive of William and Kate’s Royal Foundation, revealed the phone call he shared with the Prince of Wales, after Kate's cancer diagnosis last year. </p> <p>"It was awful, absolutely awful. It's the lowest I've ever seen him.</p> <p>"Within a couple of weeks, if you're Prince William, you find out that both your wife and your father have cancer. I couldn't believe it."</p> <p>Princess Kate is now in <a href="https://www.oversixty.com.au/health/caring/kate-middleton-confirms-the-end-of-her-chemotherapy" target="_blank" rel="noopener">remission</a>, while King Charles receives ongoing treatment. </p> <p>The Princess of Wales' diagnosis was made public in March last year, with Knauf recalling: “But the problem was that all this crazy conspiracy theory stuff kicked off in the background, online. ‘Was she really ill?’.</p> <p>“But they didn’t want to say yet that she had cancer because they hadn’t told the children and they were still working through how to tell the children.”</p> <p>Knauf stepped down from his position at the end of 2021. He also previously worked for the Duke and Duchess of Sussex as their communications secretary. </p> <p>The Prince of Wales previously told reporters at the end of his visit to South Africa in November last year, that 2024 had been  “the hardest year" of his life. </p> <p>"Honestly? It's been dreadful. It's probably been the hardest year in my life. So, trying to get through everything else and keep everything on track has been really difficult," he told the BBC at the time. </p> <p>“But I’m so proud of my wife, I’m proud of my father, for handling the things that they have done. But from a personal family point of view, it’s been brutal.”</p> <p><em>Image: 60 Minutes/ Instagram</em></p> <p> </p>

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