'Imagine siding with the tech bros': David Pocock calls for 5% levy on AI data centres
Independent senator David Pocock has proposed a five per cent levy on data centres that he says would raise $500 million by the end of 2030.
Independent senator David Pocock has proposed a five per cent levy on data centres that he says would raise $500 million by the end of 2030.
Discretionary trusts are the tool of those with high incomes to minimise paying tax, and you can understand why they are unhappy about that ending.
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Speaking at the Australia Institute’s Bernie Fraser Oration, former Reserve Bank of Australia (RBA) governor Bernie Fraser questioned the central bank’s strategy of hiking up interest rates to help lower inflation.
Speaking at the Australia Institute’s Bernie Fraser Oration, Treasurer Jim Chalmers confirmed the government was preparing a new savings package for its mid-year update but didn’t reveal any figures or which areas would be affected.
Resource company Glencore is set to list on the Australian Securities Exchange (ASX) today. The controversial Switzerland-based company has a long reputation for involvement in corruption, tax avoidance and environmental scandals around the world.
The overwhelming majority of Australians support government intervention to tackle the rent crisis, with new polling showing almost eight in 10 back restrictions on rent increases.
An unlikely alliance of industry, unions, environmentalists and welfare groups have warned the Albanese government to “correct course” on its gas reservation policy or risk having it hijacked by powerful vested interests.
