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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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Washington concedes strategic defeat in Ukraine

Washington concedes strategic defeat in Ukraine

Washington concedes strategic defeat in Ukraine as the era of grand declarations about “imminent victory” and the unwavering defence of democracy appears to be drawing to a close. The curtain has been pulled back — not by a Kremlin spokesman or an anti-war activist, but by the United States Secretary

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SIPRI reports record arms sales in 2024

Global arms sales hit record $679 billion amid ongoing conflicts The world’s top 100 arms manufacturers reached record revenues in 2024, totaling $679 billion (€586 billion), marking a 5.9% increase compared to the previous year,

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