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Pressure Builds for Albanese Over Housing Tax Overhaul

Australian Prime Minister Anthony Albanese is facing mounting public and political pressure following last week's federal budget, which included proposed changes to negative gearing and the capital gains tax (CGT) discount. Policy Institute of Australia CEO Amy Auster warns the tax changes could fail to address the core issue of housing supply. She spoke on "Bloomberg: The Asia Trade."

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Bloomberg

Energy Prices Pose Challenge for Travelers

The Iran war, the Trump administration's policies on immigration, energy-price volatility and economic uncertainties have added wrinkles to travel plans for many consumers in 2026. Yet BI's proprietary survey data show resiliency in discretionary spending, at least for now, despite shifting preferences for how they plan to spend on travel and leisure activities. There may be some caveats to this in airlines, gaming, hotels and other segments of leisure. Bloomberg Intelligence Senior Credit Analyst Jody Lurie joined Christina Ruffini and David Gura on Bloomberg This Weekend to discuss what's in store for the rest of the year for UK and US travel.

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Bloomberg

Rubio Invites India's Modi to Visit White House as Ties Improve

US Secretary of State Marco Rubio met Indian Prime Minister Narendra Modi in New Delhi on Saturday and invited him to visit the White House, as the two sides work to improve ties. Bloomberg News State Department Reporter Eric Martin joined Christina Ruffini and David Gura on Bloomberg This Weekend to discuss Rubio's four-day visit to the world's most-populous nation for talks with senior Indian officials on issues ranging from energy to regional security.

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Bloomberg

College Kids Don't Want Your AI

The unique threat artificial intelligence poses to students' education and their hopes of someday landing a job has made universities a powerful crucible for AI resistance. Students are pushing back against the adoption of AI on campuses, with some organizing protests, petitions, and performance art to express their concerns about the technology's effects on their education and job prospects. Jo Constantz joined Christina Ruffini and David Gura on Bloomberg This Weekend to discuss the backlash against AI that is part of a wider trend, with students, professors, and community members questioning the impact of AI on the environment, employment, and the value of human connection and critical thinking.

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