Good morning. The Labor government has banned gambling logos on sports jerseys – but there’s a catch. A long transition period allows teams’ betting sponsorships to remain on full view until 2032, and those who argued for the ban are unimpressed.Property investors are stepping back as rising interest rates and tax changes make their impact felt, but new data suggests first home buyers are spying an opportunity to get off the sidelines.Elsewhere, a fractious new trade war is brewing between Canada and the United States. And we weigh up the arguments for whether Australia’s school kids need to take a digital detox.AustraliaFirst home buyers feel the sentiment has turned in their favour while investors feel it has swung against them, a property expert says. Photograph: Joel Carrett/AAP
Exclusive | Amid interest rate rises and tax changes, first home buyers are still taking out a large number of loans – even as investors step back from Australia’s property market. Meanwhile, a new analysis shows renting the median apartment in some cities would be too much of a stretch for someone earning the median wage.
‘Absurd situation’ | Children across Australia will continue to see gambling logos on professional sport jerseys until up to 2032, despite Labor’s pledge to weaken the link between sport and betting.
