Australia's move to limit Chinese influence in critical minerals highlights growing geopolitical tensions and the strategic importance of resource independence.
The post Australia orders China-linked investors to divest Northern Minerals stake appeared first on Crypto Briefing.
‘He’s having a great time with his new 47% equity,’ one entrepreneur jokes, warning that some startups may leave Australia behind
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Tech entrepreneurs have mocked the government’s capital gains tax changes by posting AI-generated photos of Anthony Albanese as their “new founder” and warning that increased taxes could push people away from working for new businesses or send startups overseas.
Startups and entrepreneurs may yet receive a carve-out in the federal government’s planned changes to the CGT discount, with the prime minister saying he wanted to support innovation and the treasurer, Jim Chalmers, revealing that consultation was continuing with the sector.
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The post Australian Dollar: Fiscal loosening and contained wages – TD Securities appeared on BitcoinEthereumNews.com.
TD Securities’ Global Strategy Team says Australia’s 2026/27 Budget is slightly stimulatory, with looser fiscal policy and more upbeat Treasury forecasts than the RBA. They also note Q1 wages matched expectations and remain contained for now, but higher short‑term inflation expectations could lift wage bargaining, leaving the RBA with potential for further policy tightening if Treasury’s outlook proves accurate. Budget and wages keep RBA on tightening watch “The 2026/27 Budget papers reveal a significant improvement in the underlying cash balance of A$45b over the forward estimates. “ “This budget is slightly stimulatory. The headline deficit increases from a deficit 1.6% of GDP in 2025/26 to 2.1% in 2026/27 and the headline cash deficit is projected to deteriorate vs the underlying over the next few years by roughly A$6.4b vs prior estimates. It’s not substantial, but
Australia's involvement in securing the Strait of Hormuz highlights a growing international commitment to maintaining global trade stability.
The post Australia joins UK-led mission to secure Strait of Hormuz shipping lanes appeared first on Crypto Briefing.
The post Crypto Gains Under Threat As Australia Weighs Tax Reform appeared on BitcoinEthereumNews.com.
Crypto Gains Under Threat As Australia Weighs Tax Reform | Bitcoinist.com
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A one-year grace period will soften the blow for some investors, but the clock is already ticking. Assets acquired after May 10 will fall under the transition window, while those bought before that date will see their final tax bill calculated proportionally, based on how long they were held under each tax system. Related Reading: […]
Australia is weighing a capital gains tax overhaul that would scrap the long‑standing 50% discount on assets held more than a year and replace it with an inflation‑indexed system, a shift that could materially raise tax bills for crypto and…
