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Prime Minister Anthony Albanese is set to purchase a multi-million dollar property on the New South Wales Central Coast. Sky News Political Editor Andrew Clennell revealed Mr Albanese is tipped to spend $4.3 million on the Copacabana clifftop property. It's believed the Prime Minister wants to finalise the purchase before his wedding late next year. Anthony Albanese has declined to comment to Sky News on the purchase.
Legislation requiring homebuyers and tenants to acknowledge they are moving into a nightlife hotspot will be presented to the New South Wales parliament. The ‘Eyes Wide Open’ clause will discourage residents from making noise complaints as the NSW Labor government attempts to revive Sydney’s nightlife. The state government will launch a $1 million grant program under the Vibrancy Reforms to help councils develop their entertainment precincts.
CommSec’s Tom Piotrowski says the ASX 200 is set to “build on yesterday’s improvement” when the share markets open on Tuesday morning. Mr Piotrowski said the ASX 200 rose by a little under a half of one per cent on Monday. “The futures are suggesting that we’ll be up by around 0.4 per cent when we get underway later on this morning,” he told Sky News Australia. Presented by CommSec.
Kamala Harris and Donald Trump will both campaign in Pennsylvania today ahead of a blitz of battleground states this week. Latest polling suggests it’s anyone’s race three weeks out from election day. The latest polling average from RealClearPolitics shows Ms Harris and Mr Trump within the margin of error in seven battleground states.
Sky News host James Macpherson says while NASA focuses on diversity, SpaceX is “pioneering” modern day space travel. “While NASA are doing some great work with diversity, equity and inclusion, Elon Musk is pioneering technology which is literally going to transform space travel,” Mr Macpherson said. “Over the weekend he launched the largest most powerful space craft in history.”
The Australian Republic Movement’s Co-Chair Esther Anatolitis says Australia won’t be a fully democratic country until its head of state is someone “democratically selected”. “We do love a visiting show, but we also love fairness, equality, justice … it just doesn’t make sense in this day and age that Australia’s head of state is the monarch of another country appointed by birthright,” Ms Anatolitis told Sky News host Chris Kenny. “We won’t be a fully democratic country until our head of state is someone that we democratically selected, works for us full time and is accountable to all of us as Australians.”
Sky News host Sharri Markson says there is “extraordinary” new evidence on Hezbollah tunnels near the border with Israel. Evidence has emerged of Hezbollah tunnels and infrastructure in the close vicinity of the United Nations. The terrorists were building tunnels, storing weapons, and using them as a base to attack Israel.
Sky News host Caleb Bond says the taxpayers are “charged” for Steven Miles’ free school lunch promise. Queensland Premier Steven Miles promises free school lunches to all state primary school students if re-elected. Mr Bond said it is the most “blatant ploy for votes” he’s ever seen.
Sky News Australia Washington Correspondent Annelise Nielsen says polling for the US election is “starting to spook” the Democrats. New polls boost Donald Trump’s chance of winning the US election. Ms Nielsen told Sky News host James Morrow that there is a “collapse of support” for the Democrats in Michigan.
Sky News host James Morrow discusses yet another bad news day from the Labor government as polling reveals around 85 per cent of Australians believe it is impossible to break into real estate without assistance. “There was actually, if you can believe it, worse news from the government today and if you picked up the News Corp tabloids you will have seen this,” Mr Morrow said. A story published in The Daily Telegraph notes ‘New polling has revealed 85 per cent of Australians believe it is impossible or are unsure whether a young person can break into the real estate market without family assistance’.
Sky News host James Morrow says Donald Trump’s vice presidential nominee JD Vance has become “something of a superstar” at turning the tables on established media. “He has turned out to be something of a superstar here,” Mr Morrow said. “Particularly when it comes to turning the tables on established media … and exposing what a weird bubble all those people who are telling Americans they absolutely have to vote for Kamala Harris and Tim Walz, well, what a strange bubble they live in.”
Sky News host Rita Panahi reacts to black voters slamming former president Barack Obama.
Human Rights Lawyer Arsen Ostrovsky says Hezbollah is a “genocidal terrorist organisation” trying to destroy Israel. Evidence has emerged of Hezbollah tunnels and infrastructure in the close vicinity of the United Nations. The terrorists were building tunnels, storing weapons, and using them as a base to attack Israel.
Sky News host James Morrow says the Albanese Labor government has let Australia “drift” as it focussed on other “obsessions”. “Basically, well, this government has let the entire country drift for the last two and a half years while it pursued its own obsessions,” Mr Morrow said. “From the Voice to climate to Palestine.”
The Australian Tax Office said in the past five years it has received 250,000 community tip-offs about suspicious tax avoidance and other dishonest behaviour. Assistant Commissioner Tony Goding says the tip-offs include taxpayers not declaring income, demanding cash from customers, paying workers in cash to avoid tax and super, not reporting sales, and where a person's lifestyle doesn't match their income. The ATO suspects there's around $16 billion a year in stolen taxes because of cash jobs.
Telecommunications company Vocus has succeeded in buying the key fibre assets from its rival TPG. TPG, whose brands include Vodafone, iiNet and AAPT, will receive $5.25 billion for its fibre assets and submarine cables. Vocus will end up with more than 50,000 kilometres of fibre after the deal.
Queensland Premier Steven Miles has discussed Labor's "success story" of the Gold Coast light rail during a media conference on Monday. "Gold Coast Light Rail is a Labor success story and one we're proud to keep building upon," Mr Miles said. "Of course, stage 3 from Broadbeach to Burleigh is underway at the moment. Understand they recently completed a kilometre of rail track and testing will begin in the middle of next year."
Sky News host Chris Kenny discusses media “hysteria” over Hurricane Milton and how large of a role it played in evacuations. “There is no escaping the fact Milton was not as bad as many in the media and politics predicted. The media’s hysteria ahead of the storm was over the top,” Mr Kenny said. “No one should downplay the tragedy … but it was not even close to being one of the worst in US history.”
Shares in the online travel company Web Travel Group absolutely smashed after it told shareholders that its WebBeds business was cooling. It comes three weeks after Web Travel split itself into two. Web Travel told shareholders earnings margins will be 44 per cent in this half-year, down from its previous forecast of 52 per cent.
Former NSW Liberal Party president Jason Falinski has raised concerns about Labor’s free lunch plan in Queensland. “Government is not the solution, government is the problem,” Mr Falinski told Sky News Australia. “What next - government-funded nannies coming in to make sure our children brush their teeth? “We have serious problems in this country that require serious politicians and serious political leaders.”