Tag: major

  • Major super announcement in coming days | CGT like it’s 1999: Chalmers leans towards scrapping …

    Major super announcement in coming days | CGT like it’s 1999: Chalmers leans towards scrapping …

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    CGT like it’s 1999: Chalmers leans towards scrapping Howard-Costello tax discount

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    A return to the original way of taxing capital gains on property under the Hawke and Keating governments is firming as a centrepiece of the May budget as Treasurer Jim Chalmers prepares the final shape of his fiscal blueprint.

    This masthead can reveal that Chalmers is leaning towards a return to the pre-1999 system rather than reducing the current 50 per cent discount on capital gains, which critics claim contributed to a surge of property investor activity and pushed prices out of the reach of young home buyers.

    The move would likely deliver a small increase in tax and dampen investor activity, which has accelerated to record levels in those parts of the property market dominated by first-time and low-income owner-occupiers.

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  • Major Aussie theme park ride stalls mid-track | Riders returned to safety after hours suspended m…

    Major Aussie theme park ride stalls mid-track | Riders returned to safety after hours suspended m…

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    Passengers suspended midair on Movie World rollercoaster

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    Passengers have been suspended midair on a ride at Movie World on the Gold Coast.

    Thrillseekers were stranded in 30-degree heat after the DC Rivals HyperCoaster became stuck on Wednesday.

    Footage shared to social media shows the passengers stuck, with umbrellas covering them to protect them from the heat.

    “They’ve got the umbrellas out, it’s very hot today,” theme park visitor Shane Treloar said in a video as he filmed the stranded riders.

    “Something’s happened to the rollercoaster and they got stuck. So they would not be happy.

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  • Major win for One Nation as bloodbath looms | How economic decline and voter anger are fuelling O…

    Major win for One Nation as bloodbath looms | How economic decline and voter anger are fuelling O…

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    We should rate One Nation on what it does, not on what it says

    Joel Fitzgibbon (“Why voters believe One Nation can resolve their state of angst”, April 4) is right: if voters want to know what One Nation really stands for, they should stop listening to the slogans and start reading the voting record. One Nation has built a business model around anger – cost of living, regional neglect, housing stress – while pretending outrage is the same thing as a solution. Because when it comes time to vote, the pattern is often the opposite of the image they sell. Just a couple of examples, and there are many. Pauline Hanson has continually supported the removal of Sunday and public holiday penalty rates and backed tax cuts for high-income earners, a strange way to stand up for the workers she claims to represent. That is the real story. They speak the language of battlers, but too often vote against their interests. Voters should stop listening to what One Nation says and start looking at what it actually votes for. Denise McHugh, Tamworth

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  • Major Aussie shopping platform collapses | Major Aussie shopping platform collapses with no warni…

    Major Aussie shopping platform collapses | Major Aussie shopping platform collapses with no warni…

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    Major Aussie shopping platform collapses with no warning

    Members of the sale site will no longer enjoy its unmatched limited time deals.

    Online sales platform Click Frenzy has suddenly collapsed and entered liquidation.

    The well-known discount hub was launched back in 2012 to capitalise off American style sales events like Cyber Monday.

    It operated by offering scores of exclusive sales at a time from major brands that were unavailable elsewhere, with huge markdowns.

    Get the first look at the digital newspaper, curated daily stories and breaking headlines delivered to your inbox.

    The announcement of its liquidation came from an ASIC notice, which said the company will begin winding up. The decision comes after a meeting of general members of the company on March 30.

    Click Frenzy, Power Retail in liquidation as global conflict hits travel sales

    Online deals website Click Frenzy and media outlet Power Retail have fallen into liquidation, with its receiver pursuing an urgent sales campaign for both businesses and their assets.

    Documents filed with the Australian Securities and Investments Commission (ASIC) show directors for Click Frenzy and Power Retail, both part of the Global Marketplace business group, on Monday resolved the companies be wound up.

    Frank Lo Pilato and Adam Cormack of RSM Australia Partners were jointly appointed as administrators for both businesses, before a secured creditor tapped Chris Johnson and Andrew McCabe of Wexted Advisors as receiver.

    In a statement, Wexted Advisors said the businesses report a combined annual revenue of approximately $7 million.

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  • Major Centrelink boost coming to parental leave entitlements | More Parental Leave Pay days from …

    Major Centrelink boost coming to parental leave entitlements | More Parental Leave Pay days from …

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    Major Centrelink boost coming to parental leave entitlements

    Parents will soon be given 10 more days of paid parental leave from the government.

    Starting from July 1, parents will have 130 days of paid leave through Centrelink, or about six months of full-time work.

    The government-paid scheme will only apply for children born or adopted after the starting date.

    “If you claim before July, your Parental Leave Pay balance will be 120 days,” Services Australia said.

    “Once you give us proof your child was born or entered your care from 1 July 2026, we’ll add an extra 10 days to your balance.”

    The six-months of time off currently only applies for one parent but the other will also receive an increase parental leave from 15 to 20 days.

    Major Centrelink change to boost leave payments for new Aussie parents by $1,800

    Parents will soon be able to access more paid parental leave from the government. From July 1, Services Australia will increase the number of parental leave pay days you can get to 130 days or 26 weeks.

    The amount of paid parental leave available to families through Centrelink has been increasing by two weeks since July 1, 2024. This year marks the final planned increase and means families will receive around $24,000 in government-funded leave over the six-month period.

    Currently, parents with children born since July 1, 2025, receive 120 days of paid parental leave, or 24 weeks. To receive the increased 130 days, your child will need to be born or adopted in the new financial year.

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  • Major job opportunities as Australia’s most critical industries face huge transition | March 26: …

    Major job opportunities as Australia’s most critical industries face huge transition | March 26: …

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    Major job opportunities as Australia's most critical industries face huge transition

    Right now, the energy industry is undergoing a major transformation – one that is redefining the energy landscape in Australia and globally. This shift is not only about infrastructure or technology, but also equally about people.

    The energy transition will demand a new wave of skills, capabilities and leadership mindsets. That will bring with it both significant challenges and immense opportunity.

    The traditional energy sector, long anchored by fossil fuels, is being reshaped by the urgent need to decarbonise. However, this doesn’t mean that oil and gas is being left behind entirely. Australia’s LNG export market remains a cornerstone of our energy system, contributing over $73 billion to the economy in 2023 alone.

    March 26: Essential Energy ramps up Training Academy to plug trade gap

    Essential Energy is ramping up its Training Academy in 2026 with support from NSW’s RIEP to address Australia’s energy skills shortage. On 26 March, the focus is clear: build a pipeline of lineworkers and technicians in regional NSW. For investors, workforce depth drives project timelines, costs, and reliability. Faster hiring and better training can cut delays across grid upgrades, renewables connections, and housing delivery. We outline why this matters, what RIEP adds, and how it could shape returns across Australia’s energy build-out.

    Delays often start with people. Too few qualified lineworkers push up contractor rates and force schedule changes. That strains capex, squeezes margins, and weakens service levels. If Essential Energy reduces vacancy days and lifts productivity, utilities and EPCs can bid with more confidence. Lower slippage can support steadier cash flows and fewer penalty risks, which is a clear positive for long-duration projects in regional NSW.

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    Australia’s Trade Crisis: How We’re Failing to Prepare Students

    News and information for educators to improve their industry knowledge and boost their professional development 

    News and information for students and tertiary sector professionals wanting to get the most out of University, TAFE, and other adult education systems.

    Helpful news and information related to the physical and mental health and well-being of students and education professionals.

    News and information for parents, guardians, and grandparents wanting to get the most out of the education system for their kids.

    Australia faces a workforce paradox in 2026. Infrastructure projects demand skilled workers. Housing developments sit incomplete. Renewable energy transitions stall. However, the problem isn’t a lack of work. It’s a shortage of people trained to do it. In fact, nearly half of all trade jobs are now hard to fill, according to the latest MEGT Productivity Report. Jobs and Skills Australia reports that 51% of persistent shortages exist in Technicians and Trades Workers. Skilled trades have seen fill rates drop to 54.3%, making them the hardest roles to recruit across the country. This raises an uncomfortable question: Does Australia’s education system prepare students for the jobs the economy actually needs?

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  • ‘Open to everything’: Cleary’s major reveal as open market call to send rivals wild — NRL…

    ‘Open to everything’: Cleary’s major reveal as open market call to send rivals wild — NRL…

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    ‘Open to everything’: Cleary’s major reveal as open market call to send rivals wild — NRL Daily

    Panthers superstar Nathan Cleary has not ruled out testing the open market at the end of this season.

    Contracted with Penrith until the end of 2027, he has opened preliminary discussions with the club but could spark a market frenzy if he remains out of contract by November 1.

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    Cleary has previously signed extensions in 2018 and 2022 well before having the chance to come out of contract.

    “It’s a process that’s pretty foreign to me, I’ve never done it,” Cleary said.

    Cleary admits speculation over next move could force him to ‘fast-track’ contract talks

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    Panthers superstar Nathan Cleary says he might have to “fast-track” contract negotiations to avoid derailing the club’s premiership hopes.

    Cleary is not off contract until the end of 2027, but the halfback said on Thursday he had been surprised by how much discussion there had already been about his next move.

    Should Cleary remain unsigned beyond 2027 by the time this year’s finals roll around, the speculation over his future is likely to increase exponentially – to the point it could well become a distraction as the Panthers attempt to win a fifth premiership in six years.

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  • Katherine braces for possibility of second major flood this month | Ex-Tropical Cyclone Narelle d…

    Katherine braces for possibility of second major flood this month | Ex-Tropical Cyclone Narelle d…

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    Katherine braces for possibility of second major flood this month

    Emergency service volunteers are from South Australia and the Australian Capital Territory have travelled up north to support the Northern Territory's frontline. (Supplied: NT government)

    Katherine River is flooding in several areas today, with the BOM warning that levels at Katherine Bridge could exceed the major flood mark tonight. 

    Ex-Tropical Cyclone Narelle passed over the NT on the weekend, dumping rain in already-saturated catchments.

    Emergency services, bolstered by interstate support, are urging Katherine residents to stay alert and avoid driving in floodwater.

    The Katherine River could hit the major flood level again tonight, with evacuation centres in the regional town of Katherine set to open and a pop-up hospital to remain in place.

    Ex-Tropical Cyclone Narelle dumps heavy rain on march across Top End headed for WA

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    Town on high alert in cyclone's wake amid flood fears

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    A sandbagged and already-saturated outback town is back on major flood alert as it continues a rollercoaster ride through consecutive storms.

    Katherine locals were ready to breathe a sigh of relief after the Northern Territory town of 10,000 residents looked set to dodge major damage from former tropical cyclone Narelle.

    But they face another anxious wait after the flood level warning for the nearby Katherine River was upped from moderate to major on Tuesday.

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  • Chaos as explosion rocks major US refinery | Huge Texas oil refinery explosion forces residents t…

    Chaos as explosion rocks major US refinery | Huge Texas oil refinery explosion forces residents t…

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    Explosion at Valero refinery in Port Arthur prompts shelter-in-place for west side residents

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    PORT ARTHUR, Texas — An explosion and large plume of smoke at the Valero refinery in Port Arthur prompted officials to order west-side residents to shelter in place, while nearby Nederland reported no impact from the incident Monday.

    The shelter-in-place was issued for the west side of Port Arthur from Stilwell West to South of 73. Pleasure Island and Sabine Pass are included in the shelter-in-place.

    Antonio Mitchell with the Port Arthur Fire Department confirmed an incident at the Valero facility.

    "The type of incident is unknown at this time," Mitchell said not long after the explosion as his crews headed to the scene.

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  • Major Franco Colapinto backer makes sudden F1 return | Formula 1 News: BWT Alpine Formula One Tea…

    Major Franco Colapinto backer makes sudden F1 return | Formula 1 News: BWT Alpine Formula One Tea…

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    Major Franco Colapinto backer makes sudden F1 return

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    Alpine has confirmed the renewal of its agreement with a major Franco Colapinto sponsor.

    Alpine has announced the re-signing of significant Franco Colapinto-linked sponsor Mercado Libre on the eve of the F1 season getting underway with the Australian Grand Prix.

    Confirmed ahead of practice Friday in Melbourne, the online marketplace will continue supporting the Argentine driver, as it has for much of his motorsport career.

    It comes after the brand was conspicuously missing from the A526 at launch, as reported at the time by RacingNews365.

    Formula 1 News: BWT Alpine Formula One Team renews its agreement with Mercado Libre

    On the eve of the 2026 Australian Grand Prix, which marks the start of the 2026 Formula 1 season, Franco Colapinto (pictured) sponsor Mercado Libre announced the renewal of its partnership with BWT Alpine Formula One Team, reaffirming its commitment to the most innovative and competitive platforms in global sports.

    Following its incorporation as an official sponsor in 2025, the company is now deepening a relationship built on shared values: speed, technology, precision, and continuous improvement. The iconic handshake logo will continue to be featured on the A526 car throughout the new season.

    The pinnacle of motorsport represents one of the most advanced environments in technology and real-time analytics. Each race is a laboratory of innovation where every millisecond counts. This culture of precision, execution, and continuous improvement directly connects with Mercado Libre’s DNA and its ambition to compete at the highest level in every market where it operates.

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