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AUSTRALIAN MEDIA TAX
Meta lashes Australia's bid to make tech giants pay for newsTech giant Meta on Thursday attacked Australia's "grossly unfair" bid to make social media companies pay for news, saying it is vehemently ...- Australia moves to tax Meta, Google and TikTok to fund newsroomsAustralia plans to tax Meta, Google, and TikTok. This aims to fund news reporters. The government will introduce legislation by July 2. Pla...
- Australia to charge Big Tech companies 2% levy unless they strike local news dealsAustralia is gearing up to implement a groundbreaking levy on major tech giants. If platforms like Meta, Google, and TikTok fail to compens...
- Australia announces $1000 instant tax deduction for millions of taxpayers under proposed law; How it works and what will be the maximum and average savings?Millions of Australians will soon benefit from a $1,000 instant tax deduction. This new legislation simplifies claiming work-related expens...
- India, Australia trade talks hit dairy, wine tariff hurdles as year-end deadline looms, say sourcesIndia has declined Australia's request for lower tariffs on dairy and alcohol. This move is slowing down the trade agreement talks between ...
- Income Tax rise surpasses wage growth as rates and inflation hit working Australians, says ATO dataAustralian Taxation Office data revealed that many working Australians experienced faster tax bill increases than wage growth in the 2022-2...
- Mystery Aussie from Sydney bags entire $100m Powerball jackpot, gets tax office warningA Sydney resident has won the entire $100 million Powerball jackpot, but lottery officials are searching for the winner. The winning number...
- Piers Morgan quits Rupert Murdoch's News Corp, cites YouTube-linked connectionPiers Morgan is no longer part of Rupert Murdoch's News Corp-owned News U.K.
- Australia asks tech giants to share revenue with local media outlets or cough up taxesThe Australian government plans to impose taxes on large tech companies like Meta and Google if they don't compensate local news outlets fo...
- Meta says it may block news from Facebook in AustraliaMeta is considering blocking news content in Australia over licensing fees. The company awaits government decisions on fee regulations for ...
- Australian PM Scott Morrison refuses to commit to phasing out fossil fuelsAustralia, the world's top coal and a major gas exporter, is under growing pressure to come up with emissions reduction targets ahead of No...
- Australia's Nine signs Facebook, Google news deals under new licensing regimeThe step means that all of Australia's three largest media firms—Nine Entertainment, Australian Financial Review and Sydney Morning Herald—...
- Australian Greens to move notice of motion in Senate on Adani projectThe report said Vinod has been named in an Indian criminal investigation into the alleged siphoning of 1 billion dollar from Indian shareho...
- Adani Group's coal mine project hit by ownership controversyAdani's $16 bn mining project in Australia's Queensland has been hit by another controversy over the ultimate ownership of the Abbot Point ...
- Indian CEOs concerned over proposed carbon tax by AustraliaWorried over the impact of a proposed carbon tax on mining activities by Australia on imports, India today expressed hope that an acceptabl...
- Obama's win a setback for globalisation: MurdochGlobal media mogul Rupert Murdoch has warned that a victory for Democratic White House hopeful Barack Obama next week may be "a real setbac...
- Media mogul Murdoch preaches against protectionismA Democrat in the White House after next week's presidential election could usher in a round of protectionism that would do further damage ...
- IPL salary delay: Kings XI CEO admits it's a lengthy processAfter Australian cricketers complained of delay in the payment of their Indian Premier League wages, Kings XI Punjab CEO Neil Maxwell today...
- BCCI officials off to Australia to settle tax problemA BCCI team, including tax consultant P B Srinivasan, is flying to Australia to resolve the Team India's tax problem on the current tour.
- Pyramid to bid for Packer multiplex coIndia's largest digital theatre chain Pyramid Saimira Theatre (PSTL) is bidding for Hoyts, the largest Australian chain of multiplexes owne...
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