Markets & Rates: The ASX 200 is set to open lower after a hawkish Fed tone pushed up US rate expectations, weighing on miners and tech while oil eases as Strait of Hormuz shipping resumes. Policy & Housing: First-home buyers are losing confidence as Budget tax reform threats to negative gearing and CGT keep investors on the sidelines, with buyer confidence down in a new REBAA scorecard. Tax Reform Fight: Labor’s CGT changes face fresh Senate pressure, with business groups warning the carve-outs still won’t fix the damage to investment and innovation. NDIS Overhaul Delay: A major NDIS reform report has been delayed again, extending uncertainty for providers and raising fears for vulnerable participants. Workplace Rules: The Fair Work Commission has clarified which enterprise agreement documents can be lodged online and tightened digital format and response deadlines for HR teams. Aviation & Travel: Qantas is pitching ultra-long Sydney–London flights with a “wellness zone” using sleep science, extra legroom and timed meals. Super & Politics: Pauline Hanson’s push for more mining and faster approvals is sparking a new debate about how resources-heavy super portfolios could be affected. Energy & FX: The yen hovers near multi-decade lows despite a BOJ hike, as markets watch for further intervention.