‘Stubborn’ Labor offers no compromises on $3m super tax

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‘Stubborn’ Labor offers no compromises on $3m super tax
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Industry players warn the tax will potentially hit more people than suggested; Russia reportedly begins testing mass-evacuation plans in the event of a nuclear attack. Follow updates here.

Holidaymakers on the NSW south coast in the shadow of a dangerous bushfire have received a reprieve overnight after a cool southerly change moved across the fire ground.

The fire is still more than 5000ha in size and continues to burn near homes in the Cuttagee, Barragga Bay, Murrah, Bunga and Goalen Head areas.Evacuation centres in Bega and Narooma remain in place. For Wednesday, three total fire bans are in effect in the Greater Hunter and further inland in the Northern Slopes and North West areas where the fire danger ratings range from high to extreme.The Albanese government has dug in on its controversial plan to tax unrealised gains on earnings from superannuation balances over $3 million, with industry experts and the opposition slamming Labor for failing to take on stakeholder feedback.

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