Tax Time Bomb: Millions of Aussie Shareholders Face 60% Tax Rate Nightmare as Budget Changes Spark Fears of ‘Death of Direct Share Ownership’ Millions of Australians with shares could see their tax rate skyrocket to 60% due to a quirk in the pre-1999 inflation indexation method proposed in the federal budget. A former Treasury official warns that the change effectively “kills direct share ownership in Australia” and favours ETF investing over individual shares. The new tax system could have a devastating impact on Australian investors, with some facing tax rates of up to 70% on their share gains. Experts are…
Author: Editorial Team
‘Justice For Thor’: Two Jailed for Fatal Shooting of Young Father in Toowoomba Street Ambush Thor Morgan, 25, was shot in the head and left to die in a suburban street in 2022 Lachlan Mark Freund and Tina Kathleen Hazard have been jailed for their role in the young father’s death The pair followed Morgan by car before Freund fired shots at his vehicle, with fragments lodging in his brain Morgan’s family has finally seen justice, but say nothing will bring back their loved one The Toowoomba community is breathing a sigh of relief as two people have been jailed…
‘I’VE GOT AN AK-47’: Brisbane Mosque Threatened with Violence as Man, 33, Appears in Court Over Alleged Hate Crime A Brisbane man has been charged with disturbing a place of worship and creating a public nuisance after allegedly threatening members of a North Brisbane mosque The mosque, which was previously targeted with Nazi graffiti, was the scene of a terrifying incident earlier this month when a man claimed to have an AK-47 assault rifle The alleged threat has sent shockwaves through the community, with police releasing a statement to reassure the public there is no ongoing threat The Bald Hills…
TV Sensation Axed: The Shocking Truth Behind ‘I’m A Celebrity… Get Me Out Of Here!’ Cancellation Beloved reality TV show ‘I’m A Celebrity… Get Me Out Of Here!’ gets the axe after years of thrilling Aussie audiences Network 10 confirms the decision, citing a need to “rest” the program, but hints at a possible revival in the future Hosts Julia Morris and Robert Irwin to be shifted to other projects within the network, as Irwin is rumoured to be in talks with rival networks Insiders reveal budget cuts and high production costs as the likely reasons behind the show’s cancellation…
Thailand Slaps Aussies with Sudden Visa Crackdown: What You Need to Know Before Your Next Trip Thailand introduces 30-day visa exemption, down from 60 days, in bid to combat transnational crime and exploitation Australians among those affected, with new restrictions set to impact travel plans for thousands Move sparks warnings from travel experts: “Travellers will need to be more deliberate about planning trips” Changes aimed at curbing sex trafficking, drug offences, and foreigners operating businesses without permits Australia’s favourite tropical getaway, Thailand, has just become a lot less welcoming to Aussie tourists. In a sudden move, the Thai government has…