Author Archives: dodasam

Famous businessman Dick Smith calls for government to tax rich Australians

One of the country’s wealthiest and most successful businessmen claims wealthy Australians “can and should” pay more tax, after the federal government announced people with more than $3 million in superannuation would lose tax concessions. Australians with more than $3 million in their superannuation accounts will now have their concessional tax rate doubled from July 1, 2025, in a move ...

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Wade Graham suspended four matches

Wade Graham says the bar has now been set for reckless high tackles as the Sharks veteran prepares to spend the next four weeks altering his technique after he was suspended for four matches at the NRL judiciary on Tuesday night. Graham was hit with a grade one reckless charge for a high shot on South Sydney’s Davvy Moale but ...

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NRL teams Round 2: KFC SuperCoach teams analysis, rage traders put on notice

The Dolphins captured the hearts of the NRL community with their inaugural win over the Roosters and it appears they’ve also captured the hearts of KFC SuperCoaches. Backline stars Jamayne Isaako (first) and Hamiso Tabuai-Fidow (fourth) both sit in the most popular buys this week, but are KFC SuperCoaches jumping the gun? KFC SuperCoach editor Tom Sangster thinks so. Read ...

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Lebanon banks ‘have no liquidity,’ says bank association secretary general

Lebanon’s commercial banks do not have enough liquidity to pay back depositors, the secretary general of the country’s banking association said on Wednesday in a letter that laid out the banks’ positions. The letter was signed by the Association of the Banks of Lebanon (ABL)’s Fadi Khalaf and served as the introduction to the ABL’s monthly report. Khalaf said it ...

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Prime Minister Anthony Albanese slams big banks for increasing mortgage rates but not savings rates

Prime Minister Anthony Albanese has slammed Australian banks for failing to increase interest rates for savings accounts. On Tuesday the Reserve Bank of Australia increased the cash rate for the tenth consecutive time, with the 3.6 per cent rate being the highest since May 2012. Asked about his view on the big banks passing on rate increases for mortgages but ...

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North Turramurra: Southern Cross Care aged care home ordered to address key compliance failures

A shocking report card has laid bare a string of compliance failures at one of the north shore’s largest aged care homes. The Aged Care Quality and Safety Commission has found Southern Cross Care North Turramurra Residential Aged Care was failing to maintain four compliance standards after an inspection of the 113-room facility in September. The audit report revealed the ...

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Dead body found at Sawtell Memorial Rockpool near Coffs Harbour

A man’s body was recovered from the water at a popular rockpool on the Coffs Coast this morning. Just before 7 o’clock, emergency services were called to the Sawtell Memorial Rock Pool following reports of a body being located. A man’s body was recovered from the water. Caspian O’Donnell, a surf instructor, said the tragic incident highlights the fact that ...

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Interest rates: Warning mortgage buffer spells trouble for homeowners and buyers

A chilling warning has been issued that some Australians could be “forced into selling their homes” after a regulator refused to budge on a key issue influencing bank’s interest rates decisions. The Australian Prudential Regulation Authority (APRA) has refused to lower its buffer and will continue to insist that banks add 3 per cent on top of the prevailing interest ...

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