Latest in Australia Lowers Tax
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Australia boosts loan for rare-earths refinery in bid to break China’s dominance
Government increases backing for Iluka Resources to build country’s first processing facility for rare earthsFinancial Times - Dec. 6 -
Ocasio-Cortez slams DOGE safety net, veteran's health targets: 'Doesn't get lower'
Rep. Alexandria Ocasio-Cortez (D-N.Y.) criticized some of the alleged cost-cutting proposals related to veterans' health care, Medicare and Social Security by the "Department of Government ...The Hill - Dec. 5 -
Oil ends lower after OPEC+ again delays phaseout of production cuts
Oil futures finished lower on Thursday after the Organization of the Petroleum Exporting Countries and its allies, as expected, agreed to further postpone a proposed unwinding of production cuts in ...MarketWatch - Dec. 5 -
No need for 'large' council tax hikes - Robison
The finance secretary says a record funding deal should prevent an increase - but the decision will rest with local authorities.BBC News - Dec. 5 -
Kroger’s sales growth dinged by lower fuel prices and more — but it says many shoppers ‘feel better’
Supermarket giant Kroger said lower fuel prices and the sale of its specialty-pharmacy business weighed on third-quarter sales, and that it expects fourth-quarter same-store sales to be lower than ...MarketWatch - Dec. 5 -
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Number of people caught in 60% ‘tax trap’ up 45% in two years
Rise for taxpayers earning more than £100,000 blamed on frozen thresholds and wage inflationFinancial Times - Dec. 5 -
Australia’s bowling quartet ripe for change with India on song for Adelaide Test | Geoff Lemon
The most successful attack in history holds few fears for the tourists but the day-night clash looms as the worst time to break up the foursome. It would be hard to make an argument that the best ...The Guardian - Dec. 5 -
UK businesses expect lower margins and higher prices after Budget
Survey finds 54% of companies plan to raise prices in 2025 after national insurance increaseFinancial Times - Dec. 5 -
Trump’s populist 'mandate' could disrupt business tax reform wish list
Congress, and the GOP, has changed since then-President Trump and Republicans crafted the 2017 Tax Cuts and Jobs Act. And while Speaker Mike Johnson (R-La.) and GOP leadership are gunning to get a ...The Hill - Dec. 5 -
Top Republicans collide on strategy for Trump tax agenda
House and Senate Republicans are clashing over how to advance President-elect Trump's tax agenda after incoming Senate Majority Leader John Thune (R-S.D.) offered a plan that would put off tax ...The Hill - Dec. 5 -
How Jensen Huang, CEO of Nvidia, Is Avoiding Billions in Taxes
The chief executive of Nvidia, Jensen Huang, has taken advantage of popular loopholes in the federal estate and gift taxes, which have quietly been eviscerated.The New York Times - Dec. 5 -
Australia young gun Georgia Voll shines on debut as India crash to 12-year low
Australia 102-5 beat India 100 by five wickets in women’s ODI in Brisbane Opener guides run chase after Megan Schutt takes five-wicket haul Megan Schutt’s ODI best and a bright Georgia Voll ...The Guardian - Dec. 5 -
Australia beat India by five wickets: first women’s one-day international – live reaction
Debutant Georgia Voll steers Australia to victory after Megan Schutt tears through India with her first ODI five-wicket haul. Australia has first blood! That wide ball from Schutt has indeed caught ...The Guardian - Dec. 5 -
Australia backs the UN resolution – and not everyone is happy about it | Fiona Katauskas
Peter Dutton is making his view quite clear. See more of Fiona Katauskas’s cartoons here Continue reading...The Guardian - Dec. 5 -
Ireland urged to set aside more of its corporate tax windfall
Country’s independent fiscal watchdog calls for Norwegian-style approach to saving surplus cashFinancial Times - Dec. 5 -
What happens if Trump ends the electric vehicle tax credit?
President-elect Donald Trump has signaled he wants to end the $7,500 tax credit for electric vehicle buyers. Albert Gore III, executive director of the Zero Emission Transportation Association, ...CBS News - Dec. 4 -
Australia is banning social media for people under 16. Could this work elsewhere — or even there?
It is an ambitious social experiment of our moment in historyABC News - Dec. 4 -
Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.The New York Times - Dec. 4 -
Oil prices end lower as investors look to OPEC+ decision
U.S. oil futures finished lower Wednesday, as pressure from uncertainty a day ahead of a decision by major oil producers on output levels outweighed support from weekly U.S. data showing a crude ...MarketWatch - Dec. 4 -
Australia head into Adelaide Test against India at risk of blowing world title | Martin Pegan
The reigning champions have tumbled from first to third place in the World Test Championship standings and there remains little margin for error . Australia have only just begun the first of ...The Guardian - Dec. 4 -
Trump's controversial Cabinet picks raise questions about lower ethical standards
The former president has shown he has no qualms about putting his most loyal confidants in his administration, no matter their baggage.ABC News - Dec. 4 -
Deutsche Bank chief calls for relief on regulation and ‘rethink’ on tax
Call comes amid discontent with Germany’s ruling coalition ahead of snap election in FebruaryFinancial Times - Dec. 4 -
These parts of Trump's tax cut law expire in 2026
The 2017 Tax Cuts and Jobs Act (TCJA) made huge permanent cuts to corporate and business taxes while making temporary cuts to individual taxes to limit the bill’s expansionary effects on the ...The Hill - Dec. 4 -
Australia 3-1 Taiwan: international women’s football friendly – live reaction
The Matildas return to winning ways as three emerging talents score their first international goals in the 3-1 victory over Taiwan. Peeeeeep! Here we go. And the Matildas are on the attack ...The Guardian - Dec. 4 -
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Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation
Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.CNBC - Dec. 4 -
Judge in Hunter Biden's tax case accepts pardon despite calling it 'unconstitutional'
Two days after President Biden issued a blanket pardon to his son Hunter Biden, the younger Biden's federal gun case has been terminated by the judge overseeing the case.ABC News - Dec. 3 -
Judge in Hunter Biden tax case rebukes president’s claims of unfair treatment
The federal judge overseeing Hunter Biden’s tax case issued a sharp rebuke of President Biden’s claims his son was unfairly prosecuted in new court filings Tuesday night. U.S. District Judge Mark ...The Hill - Dec. 4 -
Thune lays out plan for separate border and tax reconciliation bills
Incoming Senate Majority Leader John Thune (R-S.D.) laid out an ambitious plan at the Senate Republican retreat Tuesday for Congress to move first next year on a budget reconciliation package that ...The Hill - Dec. 3 -
Hospital group launches ad campaign for disaster relief tax credits
A major hospital trade group launched a six-figure ad campaign this week calling on Congress to extend disaster relief tax credits that the group says will help facilities recover from hurricanes ...The Hill - Dec. 3 -
Mega Millions jackpot hits $541M: What's the tax bill?
Someone could become a millionaire Tuesday night.The Hill - Dec. 3 -
7 tips from a tax influencer as she approaches retirement at 70
Phyllis Jo Kubey is still on a continuing education journey as retirement loomsMarketWatch - Dec. 3 -
3 ways seniors can lower their credit card debt in 2025
If you're a senior with high-rate credit card debt, it helps to start exploring these three options now, before 2025.CBS News - Dec. 3 -
Wolves to lose protection, as EU lowers bar for shooting wildlife
Downgrading species’ protection status for political gain puts decades of conservation efforts at risk, says WWF. Europe’s wolves will lose their “strict protection” status, alarming ...The Guardian - Dec. 3 -
EU votes to lower protection status for wolves after farmers push to allow culls
European nations have approved plans to scale back the protection for wolves in a victory for farmers over environmentalists that has caught the political limelight in the European UnionABC News - Dec. 3 -
He’s 16 and hyped as Usain Bolt’s successor – but Australia’s Gout Gout is keeping his feet on the ground
The schoolboy’s rapid rise has drawn inevitable comparisons with the Jamaican, but the sprint great’s heir apparent is taking it all in his stride. It’s tricky being the next big thing . There’s ...The Guardian - Dec. 3 -
Indonesia hands Australia draft Bali Nine repatriation deal in ‘significant step forward’
Australia’s home affairs minister Tony Burke says some issues are yet to be resolved but hails goodwill. Get our breaking news email , free app or daily news podcast The Indonesian ...The Guardian - Dec. 3 -
Australia’s Jack Doohan to make Formula One debut at Abu Dhabi Grand Prix
Son of motorcycle great Mick replaces Esteban Ocon at Alpine Esteban Ocon released early to join Haas for post-season test Australian Jack Doohan, son of motorcycle great Mick, will make his ...The Guardian - Dec. 2 -
Special counsel objects to dismissing Hunter Biden tax case after pardon
Special counsel David Weiss rejected suggestions that he selectively prosecuted Hunter Biden in court filings where he also objected to dismissing charges following a sweeping pardon. President ...The Hill - Dec. 2
