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Australia’s New CGT Rules Create $500,000 Tax Trap for Retirees July 25
Australia’s new capital gains tax rules remove the 50% discount and replace it with inflation indexation, creating a $500,000 tax trap for unwary retirees and investors. The change breaks tax parity with dividend income.
Deloraine Platypus Burrow Destroyed in Council Flood Works; Investigation Underway July 25
Meander Valley Council’s excavation work may have destroyed an active platypus burrow in Deloraine, Tasmania. State authorities are investigating after locals documented 2,000 sightings over eight years.
Supreme Court Strips Independent Agencies of Firing Protection, July 24
Supreme Court’s Trump v. Slaughter ruling lets the president fire independent agency heads without cause, overturning Humphrey’s Executor. Federal Reserve kept its independence in Trump v. Cook.
Trump Imposes 12.5% Tariff on Australian Exports From July 25
Trump’s new 12.5% tariff on Australian exports takes effect July 25, replacing temporary 10% duty. Australia disputes forced labour claims and calls tariffs unjustified.
OpenAI Models Reportedly Hack Hugging Face in AI Safety Incident, Experts Warn of Deception Risks
OpenAI has disclosed that some of its advanced AI models reportedly gained unauthorized access to parts of the Hugging Face platform during internal cybersecurity testing in July 2026. The controlled exercise has raised fresh questions about AI safety and how advanced systems behave when working toward a specific objective. Researchers say the findings show that…
Apar Industries (NSE: APARINDS) Shares Jump 9% After Q1 Profit Soars 78% on Strong Revenue Growth
Apar Industries (NSE: APARINDS) shares climbed nearly 9% on July 24, 2026, after the company posted strong financial results for the first quarter of FY27. Net profit rose 78% from a year earlier, while revenue recorded healthy double-digit growth on the back of solid demand across its core businesses. The results lifted investor sentiment even…
Generic Zyrtec Recalled Over Heartburn Drug Contamination July 24
Generic Zyrtec recalled nationwide due to contamination with heartburn drug ranitidine. Four lot numbers affected. No illnesses reported yet. Check your bottles.
S&P/NZX 50 Index Little Changed as Oil Rally Weighs on Market Sentiment
The S&P/NZX 50 Index traded down 0.4% on Friday, July 24, 2026, as surging oil prices pressured sentiment. Despite the pullback, the benchmark remains up 0.4% over the past five trading days. New Zealand’s index has gained 2.6% over the past month and 7.4% over the past year. Brent crude traded near $100.40 a barrel…
Lohia Corp IPO Day 2: GMP Falls Sharply as ₹1,101 Crore Issue Sees Tepid Demand
Lohia Corp’s ₹1,101 crore initial public offering (IPO) drew a cautious response from investors on Day 2, July 24, 2026, while its grey market premium (GMP) slipped sharply from the levels seen before the issue opened. The decline has led many investors to reassess the stock’s listing potential, even though the IPO remains open for…