Has Labor’s tax reform killed ‘rent-vesting’ for young Australians seeking a foothold in the housing market?

13/05/2026 15:00 The Guardian

Changes to capital gains tax and negative gearing will make the strategy of renting in a preferred area while buying a cheaper property elsewhere less attractive, experts sayExplore all of our 2026 Australia federal budget coverageFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastRent-vesting – a popular strategy used by young Australians to save for their first home – could be killed off by Labor’s tax changes on investment properties, experts warn.Renters have used the strategy to keep living in their preferred area while buying a cheaper property elsewhere, hoping it will rise in price so they can sell and put the profits towards their first home. Continue reading...

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Senate fails to curb Trump’s war on Iran even as Republican opposition grows

Resolution fails by 49-50, with Lisa Murkowski and fellow GOP members Rand Paul and Susan Collins voting in favorThe Senate on Wednesday rejected the seventh attempt by Democrats to force an end to American involvement in the war on Iran, even as the ranks of Republicans opposed to Donald Trump’s...

13/05/2026 20:46 The Guardian

US Senate confirms Kevin Warsh as Federal Reserve chair, replacing Jerome Powell

Warsh will serve four-year term as chair, taking over amid rising inflation and pressure from Trump to lower ratesThe US Senate confirmed Kevin Warsh as chair of the Federal Reserve, one of the most powerful roles in the federal government that holds enormous sway over the economy.The 54-45 Senate v...

13/05/2026 20:10 The Guardian

Benjamin Netanyahu says he made secret trip to UAE at height of Iran war

Emirates’ foreign ministry rejects claims that Netanyahu visited the country describing them as ‘baseless’Benjamin Netanyahu has claimed he made a secret trip to the United Arab Emirates at the height of the Iran war to meet the president, Sheikh Mohamed bin Zayed Al Nahyan.“This visit has l...

13/05/2026 18:54 The Guardian

Met warns about hate speech at Unite the Kingdom and Palestine marches

Organisers as well as speakers will be held responsible for unlawful speech as police face exceptionally busy weekendThe Metropolitan police have said organisers of this weekend’s Unite the Kingdom and March for Palestine demonstrations will be held responsible for any hate speech connected with t...

13/05/2026 17:27 The Guardian

At 10.15pm, do you know where Donald Trump is?

The US president’s late-night Truth Social vitriol riddled with erratic capitalization and spelling? That’s leadershipThis was originally published in This Week in Trumpland. Sign up to receive it in your inbox every WednesdayGas prices are soaring because of blockages in the strait of Hormuz as...

13/05/2026 17:00 The Guardian

Slovakia closes border crossing with Ukraine amid warnings of further Russian strikes – as it happened

This blog is now closed, you can read more of our Ukraine war coverage hereResponding to the Guardian’s questions, the operator also confirmed that the vast majority of the 1,187 guests on board are British. There are also 514 crew members.Ambassador Cruise Line also confirmed that a 92-year-old m...

13/05/2026 15:48 The Guardian

Russia targets Ukraine with more than 800 drones in deadly daytime assault

Strikes killed at least six people as Moscow and Kyiv trade long-range attacks after brief ceasefireEurope live – latest updatesRussia targeted Ukraine with more than 800 drones in a large-scale daytime assault that killed at least six people on Wednesday, hours after a previous deadly barrage.The...

13/05/2026 15:23 The Guardian

Marine Le Pen’s party hits back at Kylian Mbappé criticism

French football captain warned against prospect of far-right National Rally party gaining powerThe French football captain, Kylian Mbappé, has angered Marine Le Pen’s far-right party after expressing concerns about it winning next year’s presidential election.Mbappé, 27, who grew up in Paris...

13/05/2026 15:08 The Guardian

Man dies in Sydney prison unit that watchdog wanted shut down because it ‘cannot provide a safe environment’

Exclusive: Young inmate took own life in Long Bay prison five months after independent inspector warned of ‘ligature points in cells across all areas’Get our breaking news email, free app or daily news podcastA 19-year-old man has died in a Sydney prison unit that an independent watchdog previou...

13/05/2026 15:00 The Guardian

Trump urged to rule out ‘unlawful’ Cuba takeover and stop using Guantánamo Bay for migrant detention

Exclusive: In letter seen by the Guardian, 30 members of Congress warn US president’s Cuba military operation would worsen ‘mass suffering’US politics live – latest updatesMore than 30 members of Congress have urged Donald Trump’s top officials to end the use of the Guantánamo Bay naval b...

13/05/2026 14:47 The Guardian

‘I don’t think about Americans’ financial situation,’ says Trump amid Iran talks

With US inflation at a three-year high, US president insisted he’s not focused on economic hardship sparked by the conflictSign up for the Breaking News US newsletter emailDonald Trump has said the growing financial pressure inflicted on Americans by the war on Iran is “not even a little bit”...

13/05/2026 14:03 The Guardian

Gunshots in Philippines senate where senator is holed up to evade arrest

Ronald dela Rosa, accused of crimes against humanity by international criminal court, still in standoff with authoritiesGunshots have been fired in the Philippine senate, as a senator who is wanted by the international criminal court (ICC) remained holed up in the building to evade arrest.The Philip...

13/05/2026 12:23 The Guardian

US-based internet suicide forum implicated in 160 UK deaths fined £950,000

Ofcom attempts to block UK access to site cited in multiple coroners’ reports as it levies fine under Online Safety ActA nihilistic internet suicide forum implicated in over 160 UK deaths has been fined £950,000 by the online regulator in its latest attempt to shut it down.Ofcom said the US-based...

13/05/2026 12:09 The Guardian

Trump due in China for high-stakes summit with Xi Jinping | First Thing

The Iran war will cast a long shadow over the talks. Plus, the 100 best novels of all timeDon’t already get First Thing in your inbox? Sign up hereGood morning.Donald Trump is due to arrive in Beijing on Wednesday evening, the first visit to China by a US president since he was last there nearly a...

13/05/2026 11:10 The Guardian

Datacentres using 6% of electricity supply in UK and US, research says

Industry body says energy consumption driven by AI up 15% globally in two years as it warns of societal backlashDatacentres are consuming 6% of electricity in the UK and US, with the growing strain of AI on energy supplies prompting community resistance, according to research.The proportion of elect...

13/05/2026 10:48 The Guardian

UK housebuilder Vistry warns of ‘significantly’ lower profits amid Iran war uncertainty

Bovis Homes owner’s shares plunge 10.5% after being forced to cut prices as buyers become cautiousOne of the UK’s biggest housebuilders has said its profits will be “significantly” lower, as it was forced to cut prices after heightened uncertainty caused by the US-Israeli war on Iran.Vistry...

13/05/2026 09:46 The Guardian

Easy as ABC: voters in England tend to pick names nearer top of ballot, data suggests

Exclusive: Where parties fielded multiple candidates in last week’s vote, those at top of list were more likely to be pickedFancy your chances in politics? Then perhaps you should change your name to Aaron Aaronson or Aaliyah Aardvark, figures from last week’s local elections in England suggest....

13/05/2026 08:00 The Guardian

Experts believe breakthrough in US fentanyl crisis may have started in China

US overdose deaths have plunged, but experts warn the ‘supply shock’ from Chinese precursors may only be a temporary fixAs Donald Trump travels to Beijing this week, fentanyl – and China’s role in its supply chain – remains an enduring point of acrimony in bilateral relations.At a UN meeti...

13/05/2026 06:00 The Guardian

Wednesday briefing: How much longer can Keir Starmer cling to power?

In today’s newsletter: A leadership crisis once again grips Westminster, with the Labour party currently split, the prime minister may not last the weekGood morning. First as tragedy, then as farce. Once again, the UK is shrouded in political uncertainty as a deeply unpopular prime minister clings...

13/05/2026 05:43 The Guardian

Budget 2026 live updates: Chalmers says Labor ‘the last ones standing in the sensible centre’ as Pauline Hanson warns of ‘communism taking over’

Anthony Albanese defends changes to negative gearing and capital gains tax, which Bill Shorten says will give young people a ‘fighting chance’. Follow today’s news liveSee all our Australia budget 2026 coverageGet our breaking news email, free app or daily news podcastAustralia to send militar...

13/05/2026 04:08 The Guardian

‘Blatant disregard for rights’: concern grows over Gabon’s social media clampdown

Activists claim use of laws to curtail internet freedoms part of well-documented history of cracking down on dissentWhen Gabon’s media regulator indefinitely suspended major social media platforms in February, citing security concerns during anti-government protests, it became the talk of town –...

13/05/2026 04:00 The Guardian

Crisis of First Nations children in care will worsen under NT child protection reforms, advocates warn

Legal and child advocates have criticised the changes, which include eroding the Aboriginal child placement principle, as ‘dangerous, ignorant and wrong’Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Northern Territory governm...

13/05/2026 02:53 The Guardian

Kash Patel lobs false claims about top Democrat as they spar over allegations of FBI chief’s excessive drinking on the job – as it happened

This live blog is now closed.Kash Patel denies excessive drinking allegations as ‘total farce’ in Senate hearingSign up for the Breaking News US emailThe Pentagon revealed on 29 April that the US war on Iran had cost about $25bn for roughly two months of spending. Today, when asked if there are...

13/05/2026 02:00 The Guardian

Cost of US war on Iran mounting – as it happened

Pete Hegseth and other officials appear before House to face grilling on Iran war expenditure and military operationsIran has expanded its definition of the strait of Hormuz into a “vast operational area” far wider than before the war, according to a senior officer in the Islamic Revolutionary G...

12/05/2026 23:27 The Guardian

Epstein survivors give tearful testimony in House field hearing in Palm Beach

Oversight panel Democrats hold event at ‘the scene of the crime’ in Florida and ask Trump to not pardon MaxwellDemocrats tore into government’s handling of the Jeffrey Epstein abuse scandal on Tuesday – revealing new details of the scale of his international sex trafficking ring, and warning...

12/05/2026 18:19 The Guardian

Trump posts late-night social media spree as Iran war drags on

President posted more than 50 times in three hours, attacking on Obama, NY Times and supreme courtDonald Trump unleashed a late-night social media tirade against his political enemies, attacking predecessors including Barack Obama with false accusations and amplifying calls for his Democratic rivals...

12/05/2026 17:56 The Guardian

UAE’s secret attack on Iran risks drawing Gulf states into the war

If current precarious ceasefire between US and Iran ends, Emirates are more likely to be targeted by TehranThe risk of some Gulf states becoming embroiled in a direct war with Iran has risen after it was reported the United Arab Emirates had secretly launched a major attack on Iran during the confli...

12/05/2026 17:42 The Guardian

Investor jitters over Starmer uncertainty drive UK borrowing costs to 28-year high

Bond yields soar and pound falls against dollar as investors brace for potential Labour leadership changeLong-term UK borrowing costs soared to the highest level in almost three decades on Tuesday as fears about a change of Labour leadership triggered investor jitters and warnings of further bond ma...

12/05/2026 17:36 The Guardian

Bosnia and Herzegovina left vulnerable by policy clash with US, representative says

Christian Schmidt, who is resigning post, says multi-ethnic nation may fall apart amid pressure from US and RussiaThe UN high representative for Bosnia and Herzegovina has warned about the possible destruction of the multi-ethnic state after he was forced to resign in a policy clash with the US, see...

12/05/2026 16:40 The Guardian

Three-day ceasefire ends with fresh wave of Russian attacks on Ukraine – as it happened

At least one person killed as Moscow launches drone strikes on energy facilities and apartments European culture editorIt was meant to be the crowning moment of a seemingly never-ending success story: the 70th anniversary of the world’s biggest and ever-expanding live music event, held in a city s...

12/05/2026 15:26 The Guardian

BREAKING NEWS

13/05 22:30 - Netanyahu says he 'secretly visited' UAE during war with Iran 13/05 22:26 - Trump’s China strategy is closer to Kissinger than Biden 13/05 22:22 - Trump’s Remark on Americans’ Finances and Iran War Points to GOP Midterm Challenges 13/05 22:00 - Two of the World’s Most Powerful Men Are About to Meet 13/05 21:39 - Starmer warns leadership contest would 'plunge us into chaos' in pleas to ministers and MPs 13/05 21:23 - Trade, tech, and rare earths to dominate Trump's China trip 13/05 21:01 - Senate confirms Trump pick Kevin Warsh as Federal Reserve chair 13/05 21:00 - Pentagon hikes estimate of Iran war cost 13/05 20:59 - China gains major edge on U.S. amid Iran war, intelligence report finds 13/05 20:46 - Senate fails to curb Trump’s war on Iran even as Republican opposition grows 13/05 20:35 - Iran War Powers Vote Fails Again in Senate, but GOP Opposition Grows 13/05 20:10 - US Senate confirms Kevin Warsh as Federal Reserve chair, replacing Jerome Powell 13/05 20:05 - Netanyahu Made a ‘Secret Visit’ to U.A.E. During Iran War 13/05 19:53 - Republicans break ranks, but Senate fails to curb Trump’s Iran war powers 13/05 19:53 - Republicans break ranks, but Senate fails to curb Trump’s Iran war powers 13/05 19:51 - Gen. Caine’s Silence on Iran War Leaves Questions About Military Strategy 13/05 19:41 - Russia unleashes massive drone barrage on Ukraine killing six 13/05 19:41 - Russia unleashes massive drone barrage on Ukraine killing six 13/05 19:06 - UAE denies Netanyahu visited in ‘secret’ during US-Israel war on Iran 13/05 19:06 - UAE denies Netanyahu visited in ‘secret’ during US-Israel war on Iran 13/05 19:06 - There’s an app for that: Gaza’s developers use tech to solve war problems 13/05 19:06 - There’s an app for that: Gaza’s developers use tech to solve war problems 13/05 18:55 - Netanyahu reveals secret UAE visit 13/05 18:55 - Kevin Warsh confirmed as new US Federal Reserve chair amid controversy 13/05 18:55 - Kevin Warsh confirmed as new US Federal Reserve chair amid controversy 13/05 18:55 - Beware of Drunk Deer, French Police Say, Announcing Season of Inebriation 13/05 18:54 - Benjamin Netanyahu says he made secret trip to UAE at height of Iran war 13/05 18:48 - Dozens of Polymarket Bets Show Signs of Insider Trading, The Times Finds 13/05 18:29 - Wholesale Prices Jumped in April, in Latest Sign of War’s Economic Ripples 13/05 18:29 - Taiwan vs China: Is conflict inevitable? 13/05 18:18 - Chris Mason: Starmer hopes to save his job with promise of change - and warnings of chaos 13/05 17:27 - Met warns about hate speech at Unite the Kingdom and Palestine marches 13/05 17:07 - Russia unleashes deadly daylight drone blitz across Ukraine 13/05 17:03 - Russia places UK ex-Defence Minister Ben Wallace on wanted list 13/05 17:03 - Russia places UK ex-Defence Minister Ben Wallace on wanted list 13/05 17:00 - At 10.15pm, do you know where Donald Trump is? 13/05 16:57 - The South Carolina Republican Who Defied Trump on Redistricting 13/05 16:53 - For Trump, the Iran War Looms Over China Summit 13/05 16:52 - ‘One of the longest’ Russian attacks kills at least six people in Ukraine 13/05 16:52 - ‘One of the longest’ Russian attacks kills at least six people in Ukraine 13/05 16:47 - No, two French soldiers have not been killed in a Russian attack in Ukraine 13/05 16:41 - Why the Bombing of Iran Tied the U.S. More Closely to China 13/05 16:20 - Trump arrives in China for high-stakes meeting with Xi Jinping 13/05 16:00 - Saudi Arabia conducted covert attacks on Iran – Reuters 13/05 15:55 - News24 | Shots fired at Philippine Senate as police move to arrest ICC-wanted drug war senator 13/05 15:55 - House Backers Reach Threshold to Force Vote on $1.3 Billion in Ukraine Aid 13/05 15:48 - Slovakia closes border crossing with Ukraine amid warnings of further Russian strikes – as it happened 13/05 15:43 - Israeli singer Noa speaks to FRANCE 24 as Israel's participation sparks Eurovision backlash 13/05 15:30 - Trump arrives in China for historic trip 13/05 15:23 - Russia targets Ukraine with more than 800 drones in deadly daytime assault 13/05 15:08 - Marine Le Pen’s party hits back at Kylian Mbappé criticism 13/05 15:07 - Taiwan new key player as Ukraine shifts drone supply chain away from China 13/05 15:04 - Trump Is in China as Iran War Continues With No End in Sight 13/05 15:00 - Man dies in Sydney prison unit that watchdog wanted shut down because it ‘cannot provide a safe environment’ 13/05 15:00 - Has Labor’s tax reform killed ‘rent-vesting’ for young Australians seeking a foothold in the housing market? 13/05 14:55 - What Trump and Xi want from China visit 13/05 14:55 - What Trump and Xi want from China visit 13/05 14:47 - Trump urged to rule out ‘unlawful’ Cuba takeover and stop using Guantánamo Bay for migrant detention 13/05 14:41 - "He's A Vile Man": Trump's Monstrous Insult Toward A Female Reporter Has Everyone Gasping 13/05 14:25 - ‘Most powerful’: What’s the Sarmat missile Russia has test-launched? 13/05 14:25 - ‘Most powerful’: What’s the Sarmat missile Russia has test-launched? 13/05 14:12 - In Sudan, both sides 'have taken the country to the dogs': Kenya's Ruto 13/05 14:05 - Amid US-Israel war on Iran, Arizona awaits Iranian team before World Cup 13/05 14:05 - Amid US-Israel war on Iran, Arizona awaits Iranian team before World Cup 13/05 14:03 - ‘I don’t think about Americans’ financial situation,’ says Trump amid Iran talks 13/05 13:36 - Romanians fearful as Danube Delta targeted by Russian attacks 13/05 13:27 - Xi-Trump summit: The humble soybean at the heart of a trade dispute between the US and China 13/05 13:25 - King Charles III lays out UK government agenda as Starmer's job hangs in the balance 13/05 13:23 - REPLAY: King Charles lays out Starmer's agenda as PM fights for survival 13/05 13:08 - Trump needs Xi much more than Xi needs Trump 13/05 13:08 - Trump needs Xi much more than Xi needs Trump 13/05 12:53 - Europe Tries a Trumpian Tactic With Trump: No Apologies 13/05 12:50 - News24 | Putin hails test-firing of nuclear-capable ‘Satan II’ intercontinental ballistic missile 13/05 12:44 - Gunshots ring out at Philippine Senate where lawmaker is holed up 13/05 12:44 - Gunshots ring out at Philippine Senate where lawmaker is holed up 13/05 12:42 - Activist confronts Iran’s former crown prince over war on Iran 13/05 12:42 - Activist confronts Iran’s former crown prince over war on Iran 13/05 12:24 - Ahead of Trump-Xi summit, China warns on US arms sales to Taiwan 13/05 12:23 - Gunshots in Philippines senate where senator is holed up to evade arrest 13/05 12:22 - Trump vows to push Xi to 'open up' China at superpower summit 13/05 12:19 - Trump heads to China, says no need for Xi's help on Iran war 13/05 12:09 - US-based internet suicide forum implicated in 160 UK deaths fined £950,000 13/05 11:28 - Tui sees summer sales fall 10% due to cautious UK customers 13/05 11:15 - Russia announces new nuclear missile ready to launch by end of year 13/05 11:10 - Trump due in China for high-stakes summit with Xi Jinping | First Thing 13/05 11:03 - U.S. Intelligence Undercuts Trump’s War Claims, and the Cost of ‘Alligator Alcatraz’ 13/05 10:57 - Video: Putin hails test launch of ‘world’s most powerful missile’ 13/05 10:57 - Video: Putin hails test launch of ‘world’s most powerful missile’ 13/05 10:48 - Datacentres using 6% of electricity supply in UK and US, research says 13/05 10:48 - British man jailed in Ukraine after admitting spying for Russia 13/05 10:21 - Russian drone attacks kill nine in Ukraine after ceasefire expires 13/05 09:46 - UK housebuilder Vistry warns of ‘significantly’ lower profits amid Iran war uncertainty 13/05 09:43 - Trump set to meet with Xi in Beijing as war and inflation weigh on his presidency 13/05 09:27 - Anti-war protesters storm Lockheed-sponsored Politico forum (VIDEOS) 13/05 09:03 - Russia-Ukraine War Shows Cease-Fires Have Lost Meaning Under Trump 13/05 09:00 - As the Kremlin throttles internet access, Russians find scrappy work-arounds 13/05 09:00 - Hezbollah’s unjammable drones pose new threat to Israel 13/05 08:41 - How Silicon Valley giants are turning into war contractors 13/05 08:41 - How Silicon Valley giants are turning into war contractors 13/05 08:23 - Hantavirus vs. Covid: Low transmission efficiency means far less risk of another widespread outbreak