Tax Reform Backdown: Labor has lifted the small-business CGT active-asset threshold to $10m and signalled further carve-outs after budget backlash, including changes to capital gains and discretionary trust rules. Small Business Relief: The National Farmers’ Federation says the higher threshold could bring 99% of farm businesses into the concession system for the first time. Regulatory Watch: ASIC says Australia’s $200bn private credit market must refresh asset valuations to reflect global shocks, warning of higher defaults and investor harm if numbers lag reality. EV & Marketing Push: BYD has handed Thrive PR & Communications its Australia and New Zealand launch and experiential remit as it ramps the next growth phase. Rare Earths Progress: Red Metal reports strong column leach recoveries for its Sybella rare earths project in Queensland, pointing to lower-cost heap-leach style processing. Energy & Jobs: Liquidators have sold NSW’s Tahmoor Colliery to a consortium, reviving hopes for hundreds of jobs pending approvals. Migration Numbers: ABS data shows net overseas migration eased in 2025, with arrivals below 2019 levels even as population growth stays elevated. Geopolitics & Markets: US-Iran peace steps helped lift Asian shares and push oil prices back toward pre-war levels, while rate-hike expectations keep investors cautious. Cyber Threats: A ransomware group linked to shutdowns at Queensland sugar mills has claimed responsibility, highlighting ongoing risks to critical supply chains.