Finance News – Act
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Man on trial for allegedly stealing from quadriplegic friend
The case highlights the serious financial impact on a vulnerable individual who experienced significant emotional distress after discovering his funds were reportedly taken by some...
Read Full Article →ACT health levy slashed to $100 as part of budget deal with Greens
Canberra homeowners will experience a reduced health levy of $100, lowered from the initially proposed $250, following budget negotiations between the ACT government and the Greens...
Read Full Article →'Back to the drawing board': ACT Greens won't support budget's health levy
The rejection of the proposed $250 health levy by the ACT Greens raises uncertainty about the budget’s revenue targets and may necessitate adjustments to funding allocations in hea...
Read Full Article →Politician whose career began with streetlights says ACT budget fails on local issues
The opposition leader claims that recent government spending has increased the territory’s budget shortfall and negatively impacted funding for local public services and infrastruc...
Read Full Article →Iftekhar's waited 922 days for surgery. He's 'gobsmacked' by a new health levy
The introduction of the ACT government's health levy has sparked concern among residents facing extended surgery delays, highlighting potential financial challenges for individuals...
Read Full Article →What cost of living crisis? Barr government goes for broke with revenue grab
The recent ACT budget introduces substantial increases in various taxes and fees, reflecting a significant effort to boost government revenue despite current economic challenges fa...
Read Full Article →Ratepayers slugged with new health levy as ACT budget deficit balloons
To address the growing budget shortfall, residents in Canberra will face an additional health-related charge aimed at increasing government revenue and supporting public services f...
Read Full Article →Five key takeaways from the ACT budget
The recent ACT budget introduces multiple new charges affecting various sectors, placing increased financial pressure on residents, particularly those who own property, through a r...
Read Full Article →Dem. Senator introduces act to ban public officials from crypto investments
A newly proposed law aims to prohibit public officials from holding cryptocurrency assets, potentially impacting the transparency and regulatory oversight of digital currency inves...
Read Full Article →Federal education minister refers concerns about ANU to regulator
The Australian National University aims to implement a restructuring plan intended to improve its financial stability by reducing expenses by $250 million within the next few years...
Read Full Article →SENATE PASSES GENIUS ACT, FED DECISION TODAY, US-IRAN THREATS GROW
The recent legislative approval aims to reinforce the US dollar’s global role, while developments in stablecoin adoption and institutional investments indicate growing financial ma...
Read Full Article →Concern housing proposal could see 'hodgepodge of unsatisfactory development'
The proposed planning rule changes in Canberra are expected to impact both individual homeowners and large developers financially by enabling increased housing density in suburban...
Read Full Article →Trump supports bill to buy 1 million BTC — Senator Lummis
If enacted, the proposed legislation would direct federal funds to purchase a significant quantity of Bitcoin over several years, potentially impacting the government's digital ass...
Read Full Article →Hours Before Trump Crypto Dinner, Democrats Push Another Bill to Stop President’s Digital Asset Deal...
The proposed legislation aims to restrict the president and close relatives from gaining financial benefits through cryptocurrency activities during the presidential term, potentia...
Read Full Article →Ombudsman scathing of how ACT Revenue Office chases land tax debts
The investigation highlights that the ACT Revenue Office’s methods for collecting outstanding land tax debts may impose substantial financial strain on taxpayers, potentially overl...
Read Full Article →Steph separated from her ex years ago. Then she got a $35,000 bill
Recent notices demanding tens of thousands of dollars from residents have raised concerns about the current stamp duty concession framework, prompting calls for legislative review...
Read Full Article →Operator says he's lost $45K in one month due to Canberra light rail construction
The business owner reported significant monthly revenue declines linked to local infrastructure work, prompting government measures aimed at supporting affected enterprises within...
Read Full Article →Man who stole thousands from Flight Centre facing extradition to ACT
The individual accused of repeatedly evading court appearances is now subject to extradition, highlighting the potential recovery and legal consequences related to significant mone...
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