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The Guardian - AU
The Guardian - AU
National
Paul Gallagher

Morning Mail: Biden quits US election race, luxury ute tax loophole exposed, Piastri takes first F1 win

Joe Biden
Joe Biden has ended his bid for reelection, plunging the Democrats into uncertainty with their nomination open before November’s election. Photograph: Christopher Furlong/Getty Images

Good morning. Joe Biden has abandoned his bid for re-election as US president after weeks of mounting pressure following his disastrous debate against Donald Trump. Biden has endorsed vice-president Kamala Harris for the Democratic nomination, but his decision to bow out has plunged Democrats into uncertainty with just four months until the election.

New research has exposed how luxury utes – such as the Chevrolet Silverado – are being imported as “commercial vehicles” under a tax loophole costing Australia more than $250m a year in forgone revenue.

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