Afternoon Update: Keating urges Labor to stand firm on CGT; inflation eases to 4.2%; and a dog shoots a woman

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Paul Keating has urged Labor to stick to its guns on controversial changes to capital gains tax, warning that exempting commercial assets from the changes would further “distort” the economy.

Police were outgunned during Bondi beach massacre due to lack of long-arm rifles, royal commission hears

Inflation eases to 4.2% but interest rate rise still on horizon, economists warn

Justin Stevens resigns as ABC director of news after four years in role

Trump-backed Ken Paxton ousts John Cornyn in heated Texas primary after scandal-plagued campaign

Dog shoots woman with shotgun at Nebraska convenience store

Another day in Florida: RFK Jr posts video of him wrestling two snakes