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Over 65% of Australians Aged 75+ Digitally Excluded as Services Go Online
Over 65% of Australians aged 75+ are digitally excluded as everyday services move online. Families step in to help, but advocates warn digital-only access leaves seniors isolated and dependent.
South Korea’s KOSPI Rebounds 0.97% on Chip Gains Ahead of Nvidia Earnings
South Korea’s KOSPI climbs 0.97% to 6,808.21 on August 26 as chip stocks rally ahead of Nvidia earnings. The index is recovering from a 40% crash that wiped out $2.5 trillion in value over six weeks.
Edge Early Learning Collapses Into Administration: 70 Centres at Risk, August 27
Childcare provider Edge Early Learning enters voluntary administration with 70 centres at risk. KordaMentha appointed as administrators. Arena REIT holds $4 million in guarantees over 31 leased properties.
Australian Youth Home Ownership at 80-Year Low, August 26
Home ownership among 25-34-year-olds has fallen to an 80-year low in Australia. Anglicare’s report blames tax settings, rising costs, and inadequate youth welfare payments.
Fiona Stanley Hospital Review Exposes Mental Health Bed Shortage After Teen’s Death
SAC1 report into Hailee Hildebrandt’s death reveals Fiona Stanley Hospital discharged suicidal teen 25 minutes after self-harm attempt. Report cites bed shortages and lack of youth mental health facilities. South Metropolitan Health Service accepts all 21 recommendations.
Edward Harold Tait Identified After 27 Years: Genetic Genealogy Solves Tasmanian Mystery
Tasmanian coroner identifies Edward Harold Tait through genetic genealogy after skull found in 2023. Reclusive man missing since 1999. Cause of death unknown.
Bathla Group Collapses Into Administration, Leaving 3,500 Homes in Limbo on August 25
Bathla Group, a major Sydney developer, has entered voluntary administration with 3,500 homes under construction left in limbo. Teneo appointed as administrator. Buyers and contractors face uncertainty.
Australia’s Capital Gains Tax Overhaul Hits Shares and Property on July 1, 2027
Australia’s new CGT rules from July 2027 replace the 50% discount with a 30% base rate and inflation adjustment. Share sales, property renovations, and super funds face higher taxes.
Zcash Slides 5.5% to $783.60 After Grayscale ETF Launch Profit-Taking
ZECUSD fell 5.5% to $783.60 on August 25 following profit-taking after the Grayscale Zcash ETF launch, though the RSI at 84.77 signals extreme overbought conditions.