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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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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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