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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.
NSW Parents Push for Tougher Hit-Run Laws After Son’s Death
Bryson Dimovski’s parents demand tougher NSW hit-and-run laws after their 14-year-old son was struck by a car and left to die for six hours. Driver Jaycob Gemza sentenced to five years.
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.
Japan Loses Global Hawk Surveillance Drone Off Tottori Coast, September 15
Japan’s ASDF Global Hawk drone crashed off Tottori Prefecture on September 15 after losing communications. The unmanned aircraft was one of only three operated by Japan, cutting ISR capacity by one-third.
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.
Valve’s Steam Frame Launches at $1,609 AUD; Pre-Orders Begin September 17
Valve’s Steam Frame VR headset launches September 14 at $1,609 AUD (256GB) and $1,969 AUD (1TB). Australian pre-orders open September 17 via lottery system. Includes Half-Life: Alyx standalone.
White Cliff Minerals Surges 17.7% as Rinehart Invests A$8.7M
Gina Rinehart’s Hancock Prospecting invests A$8.7M in White Cliff Minerals, acquiring 13.5% stake. WCN shares surge 17.7% as copper explorer gains backing from Australia’s richest person.
Cumulus and Zimmer Press FCC to Lift Radio Ownership Caps, September 15
Cumulus Media and Zimmer Communications urge FCC to repeal local radio ownership caps, citing competition from Spotify, YouTube, and digital ad platforms that have cut into broadcast radio revenues since 1996.