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 podcast Chalmers says government has lost some political goodwill after backtracking on CGT promises The treasurer said he does think the Labor party has lost some “political paint” after the changes to the capital gains tax discount and negative gearing, “but it’s worth it because we’re doing the right thing here”. If we’re given the choice between taking the easier path politically or doing the more difficult thing, but the right thing in the interests of particularly first home buyers, young people, workers in the tax system, then it will be worth it. Obviously, there’s a big partisan political campaign against these changes. We understand that. We anticipated that. We expected that. But it’s worth it because our job isn’t just to take the easy political options. The more important thing than the politics of this is to get the policy right, to get the substance right. Because at the end of the day, what matters most is the tax system and the housing market are broken. We are acting to fix it. Continue reading...