“The Government will therefore move to clarify current arrangements in legislation that will mean crypto assets will not be regarded as a foreign currency for tax purposes,” the Treasurer said. The Albanese government has said that crypto will continue to be “excluded from foreign currency tax arrangements” over doubt of crypto assets. Treasurer Jim Chalmers…
“These polar bears are adapted to living in an environment that looks like the future,” said Kristin Laidre, the lead writer of a study on the animals. Though expectations remain dire for the polar bear species, an unusual group of bears are hanging on in Greenland by adapting in conditions without much sea ice. Ordinarily in other…
Humanitarian aid from Turkey is on its way as well as two plane loads of supplies from Iran. Source: Twitter. A 5.9 magnitude earthquake hit the province of Paktika yesterday leaving over 1000 people dead and several hundred injured with authorities saying deaths will continue to rise. According to the United Nations (UN) over 2,000…
The legislation will need support from at least 10 Republicans to pass with the 100-seat Senate split evenly between the two parties. Source: Shutterstock. The US Senate have finalised an agreement on a bipartisan gun violence bill, clearing the first hurdle to passing what would be the first major gun control legislation in decades. The…
Bill Cosby has faced many sexual assault allegations in the past. Source: Shutterstock. Jurors in the civil trial handed down the verdict today stating that Cosby did sexually abuse then 16-year-old Judy Huth in 1975 at the Playboy Mansion. Mr Cosby was found to have intentionally caused harmful sexual contact with Ms Huth, that he…
Professional opportunities for Russian youths are shrinking from the multinational companies exiting the country. Source: Wikimedia Commons. A tough road is ahead for Russian youths entering the job market and pursuing higher education, in a different Russia from the one they knew. People between 17 and 25 years old who have only known Vladimir Putin…
“The pandemic impacted the mental health of nearly every Queenslander, so we’re funding a record amount of mental health services,” said the Premier. The Queensland government has handed down its budget with over $23.6 billion worth of funding heading to healthcare. Three new hospitals as well as 11 expansions and over 2500 beds will be…
“82% [of teachers] say shortages are leading to higher teacher workloads at their school,” according to Unions NSW. Teachers around the state will protest the government’s three per cent pay rise, arguing that it’s not enough to combat the teaching crisis. Staff shortages are plaguing the NSW education system with not enough people coming into…
“For many Australians, this flag represents dispossession and the lingering pains of colonisation,” Bandt said. Source: Wikimedia Commons. Greens leader Adam Bandt has sparked controversy after he refused to stand in front of the Australian flag in a press conference on Monday. The flag was pushed off to the side by a member of the…
It’s expected an updated decision will come later this year or early next year. Source: Steeden. International Rugby League (IRL) has stated the ban will take place in women’s rugby league matches. They made mention of the fact that more research needs to be conducted in order for them to make a permanent decision on…