Recent news articles have floated the idea some retirees might try to sidestep the government's new minimum capital gains tax (CGT) by qualifying for as little as A$1 of the age pension. That's because under the government's proposed tax reforms, people on certain income support payments, including the age pension, would be exempt from the new 30% minimum tax on capital gains.
MONACO (AP) – Kimi Antonelli is writing his place in Formula 1 history at record speed. “You’re catching me up,” Lewis Hamilton, who has the most wins in history with 105, told Antonelli after the 19-year-old Italian beat him in a bizarre and much-delayed Monaco Grand Prix on Sunday.
The Queensland Government is recognising the vital contribution of volunteers across the State as National Volunteer Week 2026 begins from 18 to 24 May, highlighting the people who dedicate their time to strengthening local communities.
More than half of Australia's universities dropped in global rankings this week. Individual results always bounce around. But this drop, via the Centre for World University Rankings, suggests the decline of Australia's standing in many global rankings systems is more than a blip.
MREIJEH, Lebanon (AP) – Israel struck Beirut’s southern suburbs without warning on Sunday, days after a ceasefire agreement in Washington went into effect and despite a U.S. request not to attack Lebanon ‘s capital. Lebanon’s state-run national news agency said two people were killed and 11 wounded.
The Queensland Government has unveiled a new three-year strategy aimed at reducing gambling-related harm across the state, supported by more than $17 million in annual funding for support programs and services. The Gambling Harm Action Plan 2026-28 focuses on prevention, early intervention and improving access to support for Queenslanders impacted by gambling.
Australia is world-leading in taking active measures to keep people safe online - home to the world's first dedicated online safety regulator, the eSafety Commissioner, and the first country to introduce enforceable industry codes requiring platforms to tackle harmful content at scale.
The U.S. stock market had its worst day since October as a sell-off in big technology companies weighed down the broader market. Bond yields surged as a strong jobs report boosted expectations that the Federal Reserve will be forced to hike interest rates at some point this year. The S&P 500 slumped 2.6% Friday.. The Dow Jones fell 695 points, or 1.4%. The Nasdaq composite fell 4.2%.
The Queensland Government says it has cleared the backlog of untested sexual assault examination kits inherited from the former Labor Government, while also significantly reducing delays in major crime DNA testing. The milestone marks another step in the State's effort to rebuild confidence in Queensland's forensic system, following widespread concerns over thousands of unprocessed DNA samples.
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