Federal Budget 2024: Insights on NDIS Revisions and Employment Initiatives
Disability was a central focus in this year’s federal budget, with significant revisions to the National Disability Insurance Scheme (NDIS) and new employment initiatives aimed at supporting people with disabilities. As discussions
Xero Shares Surge After CEO’s Strategic Overhaul
Shares in Xero surged by 9 percent on Thursday following a year of “foundational change” led by US-based Chief Executive Sukhinder Singh Cassidy, which resulted in better-than-expected profits and strong revenue growth.
Telstra’s Major Workforce Reduction: A Sign of a Changing Industry
Australia’s largest telecommunications provider, Telstra, has announced a significant reduction in its workforce, cutting close to 10% of its 31,000-strong team. This move will see 377 jobs eliminated immediately, with a total
Neuralink Cleared for Second Brain Implant Procedure by FDA
Neuralink, the neurotechnology company founded by Elon Musk, has received FDA clearance for a second brain implant procedure, marking a significant milestone in the company’s mission to develop advanced neural interfaces. This
US Tariffs on Chinese EVs: Implications for Australia
The Biden administration has imposed a 100 percent tariff on Chinese electric vehicles (EVs), up from the previous 25 percent, effectively stripping them of their competitive edge in the United States. This
Housing Supply Crisis in Australia: No Easy Solutions, Warns RBA Economist
Reserve Bank of Australia’s chief economist, Sarah Hunter, laid bare the stark challenges facing the Australian housing market in a comprehensive address to the Real Estate Institute of Australia in Hobart. With
ATO to Receive $187 Million Funding Boost to Tackle Superannuation and Tax Scams
The Australian Government has earmarked an additional $187 million for the Australian Taxation Office (ATO) in the 2024-25 federal budget. This substantial infusion of funds is aimed at upgrading technology, enhancing compliance
ATO to Receive $187 Million Funding Boost to Tackle Superannuation and Tax Scams
The Australian Government has earmarked an additional $187 million for the Australian Taxation Office (ATO) in the 2024-25 federal budget. This substantial infusion of funds is aimed at upgrading technology, enhancing compliance
U.S. Braces for Chinese Response as New Tariffs Loom
Treasury Secretary Janet Yellen indicated on Monday that the United States is poised to implement new tariffs targeting specific sectors, with expectations of a response from China. Speaking to reporters in Fredericksburg,
Biden Administration Set to Impose Tariffs on Chinese Electric Vehicles and Semiconductors
In a bid to protect American auto manufacturers and address concerns over China’s dominance in clean energy markets, the Biden administration is gearing up to unveil new tariffs on Chinese electric vehicles.
