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Australia set for bold housing tax overhaul, budget deficit to narrow
By Stella Qiu SYDNEY, May 12 (Reuters) – Australia is expected to deliver a narrower than forecast budget deficit on Tuesday as it banks commodity-driven revenue windfalls, while also unveiling the most significant property tax reforms the country has seen in decades. Figures from Treasury showed budget deficits would be lower in each financial year, […]
Gunman shot by trooper and civilian after opening fire on Memorial Drive in Cambridge; 2 in critical condition
A gunman who opened fire with “an assault-style rifle” on Memorial Drive in Cambridge, Massachusetts Monday afternoon was shot by a responding State Police trooper and a civilian. Two men in separate cars were shot and have life-threatening injuries. The suspect, 46-year-old Tyler Brown, is in custody and is being treated for gunshot wounds at […]
Trump nominates Cameron Hamilton to run FEMA : NPR
Cameron Hamilton, above, has been nominated by President Trump to lead the Federal Emergency Management Agency (FEMA). He previously led the agency in an acting capacity, but was removed by the Trump administration about a year ago after telling Congress that did not think the agency should be eliminated. Jose Luis Magana/AP hide caption toggle […]
Former Zelensky aide suspected of money laundering
Ukrainian anti-corruption authorities have uncovered an alleged money-laundering scheme involving the former head of the presidential office, Andriy Yermak. The National Anti-Corruption Bureau of Ukraine (NABU) and the Specialized Anti-Corruption Prosecutor’s Office (SAP) said on Monday that an organized group had allegedly laundered the equivalent of almost €9 million ($10.6 million) in connection with a […]
Australia news live: Chalmers says budget will ‘rebalance’ tax system; Hastie ‘not open’ to coalition with One Nation | Australian budget 2026
Chalmers says budget will include efforts to ‘rebalance’ the tax system Jim Chalmers, the federal treasurer, said the war in the Middle East has been a “big influence” on the budget, saying the crisis and its impact on fuel prices had made the inflation challenge much worse and put pressure on economic growth. Chalmers told […]
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