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Australia’s Age Pension Thresholds Rise July 1: Who Gets a Boost
Age Pension deeming thresholds rose July 1, 2026. Single pensioners now have $66,800 at the lower rate, couples $110,600. Part-pensioners with investments may see modest payment increases.
McConnell Absent Six Weeks After Fall; GOP Demands Transparency on Health
Sen. Mitch McConnell, 84, has been absent from the Senate for six weeks after a fall. His office has released minimal details, sparking calls for transparency from GOP senators and Kentucky’s governor.
Trump’s ICC Policy Escalates as Prosecutor Khan Ousted July 25
Trump’s State Department vows to dismantle the ICC brick by brick. The court votes to remove prosecutor Khan over misconduct. UK faces pressure as fourth-largest ICC donor.
Kawamura Struggles in Summer League, NBA Contract Uncertain July 26
Japanese point guard Yuki Kawamura finished Summer League averaging 8.2 points and 4.8 assists in five games, but struggled with three-point shooting at 7.7%. His NBA contract prospects with the Pacers remain uncertain.
Australian Farmers Face 30% Cost Surge as Fuel and Fertiliser Squeeze Margins
Australian farmers report 30% cost increases from fuel and fertiliser prices, with vegetable growers earning half their normal returns. North Queensland growers warn the crisis threatens farm viability.
Australia’s 13 Million Spare Bedrooms Could Ease Housing Crisis if Pension Rules Change
Australia’s census on August 11 will update the count of 13 million spare bedrooms. Experts say changing pension rules could unlock rental supply and ease housing affordability.
Oriental Land Stock Climbs 2% as CEO Takahashi Signals DPA Changes
Oriental Land CEO Wataru Takahashi responds to shareholder demands for annual pass revival and service improvements. Stock at ¥2,682.50 as Disney price hikes continue.
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.
Japan Tightens Permanent Residency Rules: Income and Pension Thresholds Rise July 25
Japan raises permanent residency requirements starting October 2026. Applicants must now earn above average Japanese household income and meet 30-year pension contribution thresholds.