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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.
Trump’s ICC Policy Escalates as Prosecutor Khan Ousted July 25
Trump’s State Department vows to dismantle the ICC brick by brick. The court votes to remove prosecutor Khan over misconduct. UK faces pressure as fourth-largest ICC donor.
Shigeto Iguchi Named Japan Baseball Manager July 25: First MLB Veteran to Lead Samurai Japan
Shigeto Iguchi, former Lotte manager and MLB veteran, becomes first manager with major league experience to lead Japan’s national baseball team. Aims for 2028 LA Olympics gold medal.
Fulton Misses Weight Again, Wilson Fight Cancelled on Tszyu Card July 25
Stephen Fulton Jr. weighed in 6.5 pounds over the 133-pound limit, cancelling his fight with Australian boxer Liam Wilson on the Tszyu-Spence card in Sydney on July 25.
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.
Joe Manchin Launches Independent Leadership Council to Back Congressional Candidates
Joe Manchin launches Independent Leadership Council to recruit and support independent congressional candidates. The 78-year-old former senator aims to build a centrist movement, not a third party.