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ΑUSTRALIA

AUSTRALIA

Small business asset tax break extended

The instant asset write-off for small businesses will be extended to June 30, 2020 and lifted to cover purchases of up to $25,000. Small businesses will get an extra tax break with the Morrison government

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AUSTRALIA

Ministers leaving for personal reasons: PM

Scott Morrison says characterising ministerial resignations as rats leaving a sinking ship is offensive, despite the coalition struggling in opinion polls. Prime Minister Scott Morrison has bristled at suggestions an exodus of coalition frontbenchers ahead

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Paralysis

With less than one month to go before the European Parliament election, the difficult situation in which Prime Minister Alexis finds himself is constantly worsening. With the cards stacked against them, none of the initiatives

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Australia backs ‘status quo’ amid US pressure on Taiwan

In a move that highlights the delicate balance of international relations, Australian Prime Minister Anthony Albanese has reiterated his government’s stance on Taiwan amidst increasing pressure from the United States. During a visit to Shanghai, Albanese was directly confronted with a probing question: What would Australia do if the United

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VLADAMIRE PUTIN

How Putin rebuilt Russia into a global power

Many wonder how the Russian economy manages to stay afloat under numerous sanctions, maintain low debt levels, and even outperform the West in certain production sectors. Following the collapse of the Soviet Union, Moscow—a once-great

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