Morning everyone. Australia’s big two supermarkets have suffered a further blow to their reputation with the watchdog’s interim report accusing them of “oligopolistic market structures”. We examine the options for reforming negative gearing, and our podcast wonders if such a radical move is exactly what Labor needs. Plus, New York’s mayor is charged with bribery, Elon Musk has emerged as the major backer of Donald Trump’s ground game in battleground states and Lord’s has beefed up security as Australia return to the scene of the Ashes stoush.
