News live: Australia gives Ukraine another $100m for fight against Russia; AFL great in hospital after truck crash
Two payments of $50m will boost Ukraine’s air defence and munitions supply. Follow today’s news live• Get our breaking news email, free app or daily news podcastThe treasurer, Jim Chalmers, has defended the federal government’s adjustments to its controversial capital gains tax (CGT) changes, rejecting claims that Labor was forced into a humiliating backdown by furious business groups. Appearing on ABC’s 7.30, Chalmers faced intense questioning from Sarah Ferguson after announcing the turnover threshold for small business exemptions would lift from $2m to $10m. The $475m tweak effectively carves out 98% of active Australian businesses from the new tax dragnet.
Source: guardian-world