Australia news live: Chalmers complains of ‘unhinged scare campaign’ against budget as Taylor calls new trust rules a ‘death tax by stealth’

The treasurer concedes Labor has taken a political hit after the latest Newspoll found a negative response to last Tuesday’s budget. Follow today’s news live

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Data reveals how Coles and Woolworths switch promotions in sync

You’re looking to buy an electric toothbrush. You’re in Woolworths and you see one of the Oral-B kits advertised for sale at $99.50.

We understand that people will have strong views about the politics of this but it is the substance of the changes that we are making that matters most and the substance of what we are announcing today: tens of thousands of new homes for Queenslanders including tens of thousands of homes for first home buyers.

This is how you make a tangible difference to the housing market in this country, taking difficult decisions, building more homes, making more of those homes available to first home buyers.

I’m confident that the substance of what we’re doing is the right decision, taken for the right reasons.

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