Your myGov account may be at risk, a new report has found. The Commonwealth Ombudsman has urged the government to do more to protect Australians’ accounts, labelling its current efforts inadequate. An investigation was launched by the ombudsmen into the platform’s security controls following user complaints and media reports. Know the news with the 7NEWS … Read more
Mumbai: Anuj Sheth, Manish Jain, Vijay Kedia, and Akash Bhanshali were the top wealth creators among the 15 wealthiest individual investors in India during the June quarter. In contrast, the portfolios of Jhunjhunwala and Family, Ashish Kacholia, Tejas Trivedi, and Vishwas Ambalal Patel saw a decline during this period, according to primeinfobase.com data. These portfolios … Read more
A mother from Central NSW can finally “breathe and look forward to the future” after pocketing a monster refund for dodgy insurance she was sold. Teenah and husband Troy recently received more than $111,000 following an investigation into their mortgage protection, and consumer advocates say their case — and others coming to light — could … Read more
While it may be far too early for some people to even think about next year’s tax return, it might be in your best interest to do so, an ATO top dog says. Australian Taxation Office assistant commissioner Rob Thomson has encouraged taxpayers to get organised early and start thinking about what work-related expenses they … Read more
The increasing use of ticketless parking fines in NSW has led to a 49 per cent increase in the infringement notices. The major spike led NSW Minister For Finance Courtney Houssos to slam councils for the ticketless system that she said on Wednesday had “failed to meet community expectations”. The ticketless parking fine system means … Read more
Descrease article font size Increase article font size Canadian markets are catching up to a global selloff on Tuesday that rocked major stock indices around the world the day before. The S&P/TSX fell 542 points to start trading on Tuesday, a decline of 2.44 per cent, bringing Canada’s benchmark index to its lowest levels in … Read more
Tens of thousands of eligible recipients in South Australia will be receiving a $255.60 payment from the state government starting from this month. The Cost of Living Concession (COLC) is available for pensioners, low-income earners and those who receive government payments such as JobSeeker, Youth Allowance or ABSTUDY. One person per household is eligible for … Read more
China is the latest in a slew of countries planning to gradually raise the statutory retirement age as an aging world population is forcing governments to reform their pension plans. Delaying retirement also “makes sense” and could have “a lot of benefits” in other countries, including Canada as the country grapples with labour shortages and … Read more
Contentious changes to how capital gains are taxed in Canada will bring in billions less in revenue for the government than Ottawa was expecting when it tabled the 2024 federal budget, according to the Parliamentary Budget Officer. The PBO on Thursday tabled a probe of Liberal measures to hike the inclusion rate on capital gains … Read more
More than 307,000 seniors in Western Australia are set to share in almost $30 million in cost-of-living rebate payments. The payments are part of the Cook government’s cost-of-living rebate scheme, launched in 2009. The scheme is paid to WA Seniors Card members annually and has provided more than $421 million in assistance since its inception. … Read more
