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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.
Japan’s Pension Division Trap: How Divorce Leaves Retirees Bankrupt
Japanese retiree loses ¥300 million pension to ex-wife via Article 3 pension division after divorce. Financial planner explains the legal trap that can trigger old-age bankruptcy.
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.
Lidl Halts EV Orders for Staff as German Automarket Volatility Bites
Lidl parent Schwarz-Gruppe halts electric vehicle orders for employee company cars in Germany due to volatile market conditions and changing regulations. Current fleet includes one-fifth EVs.
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.
ABC Pulls Four Corners Episodes by Sacked Reporter Over Accuracy Concerns, July 25
ABC withdraws Four Corners episodes ‘Meth Highway’ and ‘Cocaine Nation’ by sacked reporter Mahmood Fazal due to accuracy concerns about sourcing. Matter referred to ABC Ombudsman for independent review.
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.
House Passes Permanent Daylight Saving Bill 308-117; Senate Outlook Uncertain
House passes Sunshine Protection Act 308-117 to make daylight saving time permanent. Senate Republicans split on the bill amid concerns about dark winter mornings in northern states.
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.