A federal judge has made a big decision. They have stopped a Louisiana law that would have put the Ten Commandments in all public schools. U.S. District Judge John W. deGravelles said the law breaks the First Amendment’s rules. The law was signed by Louisiana’s Republican Governor Jeff Landry in June. It was meant to … Read more
Prime Minister Anthony Albanese has made a big move to protect young Aussies. He plans to ban all kids under 16 from using social media. This law will be introduced in parliament next week. The goal is to reduce the harm social media can cause to kids’ mental health and development. It’s a big step … Read more
Over 1.5 million Aussies use cash for more than 80% of their in-person payments. This shows how vital cash acceptance is in today’s digital world. The Albanese government wants to make sure businesses accept cash for essential items by January 1, 2026. This move aims to help everyone and keep payment options open across the … Read more
Australians have lost at least $208 million to scams this year. Scam Watch reports 198,126 scams. The Albanese government is introducing new laws. These laws will fine banks, telcos, and social media up to $50 million. They must protect customers from scams. The Scams Prevention Framework aims to give Australians the best protection against scams. … Read more
Bereaved Victorian families will face a huge increase in probate fees. Estates worth between $250,000 and $2 million will now pay between $514.40 and $2,400.50. This change, made by the Victorian government, will affect nearly 90% of estates under $2 million. For estates between $250,000 and $500,000, fees will jump by 650%, from $68.60 to … Read more
The Australian Taxation Office (ATO) says high-income earners make $200,000 or more a year. For them, managing taxes well can help grow their wealth. In fact, those earning over $550,000 might save thousands by using smart deductions and planning. This article looks at five top tax strategies for high-income earners in Australia. These include making … Read more
Imagine Aussies could get an extra $150,000 in cash. This is the amount many miss out on because of not using Capital Gains Tax (CGT) concessions well. They also don’t plan their taxes strategically. This could mean the difference between a big win and a big loss. Investors need to watch their CGT closely, on … Read more