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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.
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.
Judge Boasberg Blocks Trump Visa Ban on Fact-Checkers, July 24
Federal judge halts Trump visa restrictions on fact-checkers and disinformation researchers, ruling the policy unconstitutionally discriminates based on viewpoint in violation of the First Amendment.
TGA Warns GLP-1 Drugs Linked to Rare Eye Blindness July 25
Australia’s TGA warns GLP-1 drugs like Ozempic and Mounjaro linked to 36 cases of NAION, a rare eye disorder causing permanent blindness. No treatment available.
Wall Street Ends Volatile Week Mixed as Oil Retreats, Tariffs Loom July 25
S&P 500 flat, Nasdaq down 0.6% Friday as Brent crude drops 4% to $96, Trump tariffs hit 10-12.5%, and Fed rate hike odds jump to 30% next week.
Australia’s New Super Tax Hits High Earners From July 1: What Retirees Need to Know
Australia’s new Division 296 superannuation tax from July 1, 2026 hits high-balance retirees with 30-40% rates. Affects 90,000 people with balances over $3 million. Capital gains tax and negative gearing changes also take effect July 2027.
Seven-Eleven Japan Warns Stores Over Staff Reselling Pokemon Cards, July 24
Seven-Eleven Japan warned franchise stores after employees and owners hoarded and resold Pokemon cards and anime merchandise. Legal experts say criminal charges are unlikely, but contract termination is possible.
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…