National home price slump; shark spotting drones; truck inferno clean-up

7News Just In · Jul 1, 2026 · 5m

The Australian government implements new financial year changes including stage three tax cuts, minimum wage increases of 4.75%, extended paid parental leave to six months, and instant asset write-off for small businesses. National house prices record their largest monthly fall in nearly four years with a 0.4% drop in June, attributed to interest rate rises, low consumer confidence and budget measures. See omnystudio.com/listener for privacy information.