Australia's Labor government has proposed a single-service opt-out register for gambling ads, funded by an industry levy, alongside tighter restrictions on wagering inducements as part of amendments to its wagering ad legislation.
Australia's Labor government has announced new environmental and energy safeguards for datacenters, aiming to set national standards. Assistant Minister Dr. Andrew Charlton discusses balancing AI risks and opportunities through regulation.
Sydney's largest toll road operator, Transurban, will continue annual toll increases of at least 4% despite the NSW government's $850m deal for limited toll cuts on a few motorways, with the premier citing Transurban's resistance to broader reforms.
Australia's aged care regulator is investigating fee complaints. Donald Trump denies Iran closed the Strait of Hormuz amid Middle East strikes. Jannik Sinner won Wimbledon, and fungi are explored in Australian wilderness.
Australia's Liberal Party, under new leadership, considers preference deals with One Nation to counter its surging support, potentially shifting further to the right.
Tony Abbott, former Australian PM, elected unopposed as Liberal Party president, pledges to help lead a 'people's revolt' against the Labor government, sparking concerns of a further rightward shift.
UK's Wes Streeting echoes Paul Keating's tax reform arguments, criticizing capital gains tax disparity. Meanwhile, Australian PM Albanese faces public backlash and communication challenges over budget tax changes, with critics and supporters weighing in.
Australia's Albanese government faces criticism over budget reforms, particularly capital gains tax changes. PM Anthony Albanese's communication style is questioned, while Wes Streeting and Paul Keating offer contrasting perspectives on tax and economic reform.
Australia's budget proposes a 30% minimum tax on new discretionary trusts, exempting deceased estates and existing testamentary trusts. While critics label it a 'death tax,' experts argue it targets tax minimization, not inheritance value, though it may increase taxes on intergenerational wealth transfer.
