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Harvey Norman Copped $35M Fine Over Misleading Ads on July 29
Harvey Norman ordered to pay $35 million penalty after Federal Court found its 60-month interest-free ads masked mandatory credit card fees. Latitude Financial pays $20 million. Combined $55 million is ASIC’s record for misleading financial product marketing.
ABC Investigation Finds Chinese Tomatoes Mislabeled as Australian in Leggo’s, Coles Products
ABC investigation reveals Leggo’s, Coles, and Aldi sold Chinese-grown tomatoes labeled as Australian or Italian. Forensic testing by Source Certain found Xinjiang origins in some products.
Hong Kong High Court Judge Wilson Chan Ordered to Retire Over Judicial Plagiarism
High Court Judge Wilson Chan Ka-shun retires early on July 31 after Chief Justice Andrew Cheung found him guilty of judicial plagiarism at least five times since 2023, striking at judicial independence.
Amodei Opposes OpenAI Model Ban While Calling for Stronger Safety Testing
On July 27, 2026, Anthropic CEO Dario Amodei said he does not support banning open-weight AI models, despite the growing debate over AI regulation. Instead, he called for stronger safety testing of the most powerful AI systems before they are released. His comments come as governments and technology companies look for ways to balance AI…
PlayStation Plus August 2026 Free Games Include Day-One Release Big Walk
PlayStation Plus subscribers already know one August 2026 free game confirmed early. Sony revealed Big Walk will join PlayStation Plus Essential on August 4, 2026. This marks a rare day-one release for the subscription service’s monthly lineup. Big Walk comes from House House, the studio behind Untitled Goose Game. The cooperative adventure launches simultaneously on…
Cyclospora Outbreak Hits 1,947 Cases as Federal Food Safety Cuts Hamper Response
Cyclospora outbreak reaches 1,947 cases across nine states. Federal food safety cuts have eliminated tracking of the parasite and other deadly pathogens, raising concerns about future outbreaks.
Emirates Skywards Expands to 12,000 European Rail Routes on July 27
Emirates Skywards launches Skywards Rail, letting members redeem miles for tickets to 12,000 European rail destinations across 40 operators in 12 countries.
Social Security 2027 COLA Set at 3.9%: What $78 More Monthly Means for 70M Beneficiaries
Social Security beneficiaries will receive a 3.9% COLA increase in 2027, boosting a $2,000 monthly check to $2,078. The adjustment reflects higher inflation but strains the program’s finances ahead of a projected 2032 trust fund depletion.
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.