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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.
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.
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.
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.
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…
Generic Zyrtec Recalled Over Heartburn Drug Mix-Up, July 23
Generic Zyrtec recalled nationwide for cross-contamination with heartburn drug ranitidine. Four lot numbers affected. No illnesses reported yet. Call Rising Pharma at 1-844-874-7464.
Tennis Star Arantxa Sanchez Vicario Loses $60M Fortune to Ex-Husband, Faces Debt Repayment
Four-time Grand Slam champion Arantxa Sanchez Vicario lost her entire $60 million fortune after her ex-husband hid assets. She faces a two-year suspended sentence and must pay 50% of future earnings to the bank.