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ATO Tax Prosecutions Jump 80% as $2.7M in Fines Handed Down, September 18
ATO prosecutions for tax evasion jump 80% in two years, with over 350 people convicted and $2.7 million in fines. Queensland, WA and NSW account for three-quarters of cases.
ATO Tax Prosecutions Jump 80% as $2.7M in Fines Handed Down, September 18
ATO prosecutions for tax evasion surge 80% with $2.7 million in fines. Over 350 individuals and businesses convicted in shadow economy crackdown targeting non-lodgers and cash-in-hand workers.
EA Sports FC 27 Early Access Launches September 18: What You Need to Know
EA Sports FC 27 early access starts September 18 for Ultimate Edition buyers. The new game includes The Grounds social mode and launches fully on September 25.
Fed Raises Rates to 3.75%-4%, DAX Climbs 0.7% on Rate Decision
Fed raises rates to 3.75%-4% for first time since 2023. DAX gains 0.7% to 25,705 points. One more hike expected by year-end as central bank fights inflation.
UPI Ends Free Era: 0.4% Fee on Merchant Payments Above ₹2,000 From October 15
NPCI introduces 0.4% MDR on UPI merchant payments above ₹2,000 from October 15, 2026. P2P transfers and transactions under ₹2,000 remain free. Small merchants earning up to ₹1 lakh monthly pay zero fees.
Cue and Veronika Maine Enter Administration on September 15
Cue and Veronika Maine enter voluntary administration on September 15. The 58-year-old Australian fashion brands operated 51 stores but could not cover overhead costs despite a 5% sales increase.
UK State Pension to Jump 3.9% in April 2027, Topping £13,000
UK state pension set to rise 3.9% in April 2027 to £13,036, exceeding the £12,570 tax-free allowance. Triple lock policy guarantees increase based on highest of wage growth, inflation, or 2.5%.
Singapore Auctions S$3B Money-Laundering Haul: 15 Sales Through May 2027
Singapore auctions luxury goods seized in S$3 billion money-laundering case. First sales of handbags and jewellery open September 20-27. Properties follow through mid-2027.
Social Security COLA Forecast Rises to 3.5% for 2027, Adding $68 Monthly
Social Security COLA forecast for 2027 projects 3.5% to 3.6% increase, adding roughly $68 to $72 per month for average beneficiaries. Official announcement set for October 14.