Perth, WA, National & World News
UWA researchers have helped to unearth more about how ancient continents formed on Earth 3.5 billion years ago. Ben Harvey’s tongue-in-cheek assessment of Rita Saffioti’s third big spending budget covers the key highlights from hospitals to housing, including resorting to Lego. Disgraced WA author Craig Silvey published novels that included scenes of a teenager being sexually assaulted by her father, and an underage boy trying to arouse elderly men before he was arrested. Australia’s peak business lobby says the Federal Budget was a ‘missed opportunity’ to reform Australia’s economic settings to ‘shake off economic decline’. Outback Wrangler Matt Wright has walked from prison after serving five months behind bars for attempting to pervert the course of justice. The Australian Defence Force said the 50-year-old veteran of the Afghanistan war died after his parachute became entangled with another parachute.
But shadow treasurer Tim Wilson flags support for $250 tax offset; Chalmers says voters care more about ‘substantive change’ than broken promises. The City of Kalgoorlie-Boulder continues pushing the State Government for more money in hopes the 2017 election commitment to upgrade Kalgoorlie International Speedway can come to fruition. What’s changed since 2019 to make a move on tax breaks for property investors more politically palatable?
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Every argument being made now and in the next few weeks could have been made before the last election – and carried. The Dutch trading giant’s local offshoot grew profits by 50 per cent in 2025 as high volatility across financial markets offered ample trading opportunities. DGR Global shareholders hit the jackpot when a Chinese suitor bought SolGold, but will they ever see the money?
The US president has been weakened by the war with Iran, but China needs a stable global economy so it can keep exporting its goods and boosting growth at home. Queensland’s only pumped hydro project under construction is delayed, adding further pressure to the state government’s energy plans. Almost three years later, the government has finally responded. Our three tax cuts, instant deduction and the new offset are the equivalent of up to $54 back in the average earner’s pocket each week.
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Andrew Forrest’s Fortescue has been ordered to pay $150 million to WA traditional owners after mining their land without permission. As WA’s farmers face ongoing uncertainty, a RuralAid counsellor is encouraging producers to look after their mental health, take time out to talk through any issues, and keep an eye on their mates. Last month, several local governments reviewed the WA Local Government Association’s new draft climate change advocacy position including the shires of Waroona and Harvey. As workplaces across Western Australia continue to evolve at pace, the need for practical, people-focused leadership has never been aussie payid pokies greater.
Sign up to get the latest on your favourite topics from the ABC We acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we live, learn, and work. When Trump last visited China in 2017, artificial intelligence was not yet the centre of global power.
Why Chalmers reined in the property tax lurks in the budget
Energy Minister Chris Bowen will drastically scale back subsidies for green hydrogen programs as the government ploughs funds into its petrol and diesel stocks. The minimum tax rate rips a key tool of wealth building used by millions of richer Australians and has a particular sting for so-called bucket companies. But his tax hit isn’t backed with big-bang reform to expand the economy.
- Most investors selling property, shares and other assets will pay more tax once the new model to index the cost base of an asset to inflation is bedded down.
- Almost three years later, the government has finally responded.
- Mums across Kalgoorlie-Boulder began their Mother’s Day with purpose by running alongside family and friends to support breast and ovarian cancer research.
- The City of Kalgoorlie-Boulder continues pushing the State Government for more money in hopes the 2017 election commitment to upgrade Kalgoorlie International Speedway can come to fruition.
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- Perth’s health, beauty and creative communities came together at the Youth Lab and Pancare charity dinner to raise money for pancreatic cancer research and patient care.
As many as 600 workers have sold their ChatGPT developer shares, highlighting the huge payouts the AI boom is bringing to a select few. The US president accused Tehran of reneging on a promise to drop its nuclear ambitions as part of a deal to end the war, which threatens his meeting with Xi Jinping. France’s consumer body is warning that the platforms are selling unsafe items including overheating hairdryers and exploding batteries.
How CGT changes could push investors to look outside property
The S&P 500 has added a staggering 16.6 per cent since hitting a wartime low in late March, while the local bourse continues a long slump. Major investors are increasingly worried about the hype around artificial intelligence stocks driving US markets to repeated records as war boosts inflation. The $59.3 million valuation of the copyright was based on Deloitte estimates, but tax authorities have claimed it should have been closer to just $4 million. Business groups say Treasurer Jim Chalmers’ fifth budget was a missed opportunity to reform and shake off economic decline. The government will make changes to its selection process to target more educated, higher-skilled and younger migrants.
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