Finance

Australia Loses Tax Revenue as Trump Halts OECD Reforms

Download IPFS Australia stands to lose significant tax revenue from United States (US) multinational corporations following President Donald Trump’s decision to withdraw from the Organisation for Economic Co-operation and Development (OECD) global tax reforms, a move that prioritizes American economic sovereignty but leaves allies like Australia in a bind. The[Read More…]

Foreign Investment Drives Expansion in Australia’s Financial Advice Sector

Download IPFS Australia’s financial advice industry is experiencing a significant growth phase, powered in large part by a wave of foreign investment. With its reputation for stability and a favourable regulatory environment, the sector has become an attractive target for international capital, particularly private equity firms based in the United[Read More…]

Queensland Faces Pressure to Reform Insurance Stamp Duty Amid $2 Billion Profit Projection

Download IPFS Queensland’s government is set to rake in over $2 billion from insurance stamp duty by 2027-28, prompting fierce calls for reform from industry and residents struggling with soaring premiums. Critics argue this tax unfairly burdens homeowners, especially in disaster-prone areas, and stifles insurance uptake. This article examines the[Read More…]

Inheritance Impatience: Financial Abuse of Elderly Australians on the Rise Amid Cost-of-Living Strain

Download IPFS Australia’s ongoing cost-of-living crisis has taken a disturbing turn, with a growing number of older Australians falling victim to financial abuse from their own children. Advocare, a Western Australian (WA) advocacy organisation for seniors, has reported a 20% rise in elder abuse this year alone, much of it[Read More…]

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