Proposed changes to how family trusts are taxed are shaping as a key battleground in next week’s federal budget, with a 30% tax to be proposed despite failing many times before.
National News
Posted inMoney, National News
RBA lifts cash rate to 4.35% as oil shock fuels inflation pressure
The Reserve Bank of Australia has lifted the official cash rate to 4.35 per cent, delivering a third consecutive interest rate hike
Posted inIndigenous, National News
Outback search for missing girl ends in tragedy
Police have found the body of a five-year-old girl after a massive outback search, confirming fears the suspected abduction ended in tragedy.
Posted inDisability, Money, National News
Disability cuts on table as treasurer eyes cost spiral
State officials will be briefed on the federal government’s plans to overhaul spending on the NDIS, expected to be announced within days.
Posted inEnergy, National News
On-again, off-again Hormuz blockade leaves locals jittery and fuel prices volatile
Fuel prices are dropping, but it will take at least a week for global oil price drops to flow through to the bowser… if the Strait of Hormuz stays open.
Posted inNational News
Joyce backs Hanson as repeat hiring of convicted rapist sparks backlash
Barnaby Joyce has backed Pauline Hanson’s defence of a convicted rapist repeatedly hired by One Nation, arguing people should be allowed to rebuild their lives.
Posted inGood News, Kyogle, National News, Women
Local woman smashes military glass ceiling
Kyogle born and former 12/16 Hunter River Lancers reservist Lieutenant General Susan Coyle will be the first ever female Chief of Army.
Posted inMental Health, National News
Red tape delays mental health care for rural people
A Medicare change designed to improve quality of care is inadvertently disadvantaging rural people seeking mental health treatment, an inquiry has been told.
Posted inNational News, Science and Research
Artemis astronauts break record for distance from earth
Artemis II astronauts on a lunar flyby mission have broken Apollo 13’s distance record as humans travel further from earth than ever before.
Posted inFederal Politics, National News
$6.15 billion fast-tracked to support Australian businesses
The Federal Government is fast-tracking $6.15 billion to support businesses, supply chains and manufacturing amid global disruption.