Prabowo Signals Intention to Go After Illegal Mines in Indonesia
The government has identified 1,063 illegal mining sites and is seeking support to crack down on them, Prabowo said in the annual speech in Jakarta on Friday. The illicit mines may be causing 300 trillion rupiah in losses to the state, he said, without specifying over what time period.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
39 minutes ago
- Yahoo
New Zealand's a2 Milk full-year profit rises 21%
(Reuters) -New Zealand's a2 Milk Co reported a 21.1% rise in its full-year profit on Monday, driven by strong performance of its infant milk formula in its top market China. The infant formula maker's net profit after tax attributable came in at NZ$202.9 million ($120.12 million) for the year ended June 30, up from NZ$167.6 million a year ago. That beat the Visible Alpha consensus of NZ$202.2 million. ($1 = 1.6892 New Zealand dollars)
Fox News
41 minutes ago
- Fox News
Trump isn't the president of 'status quo,' says David Scharf
Trial lawyer and litigator David Scharf discusses the Trump administration's crime crackdown in Washington, D.C., on 'Fox Report.'
Yahoo
an hour ago
- Yahoo
Centrelink reveals 'common misconception' about $1,732 pension payment as 'soft retirement' trend emerges
Retirement is often the last thing people want to think about. Life gets busy, and planning for something years, or even decades away, can feel overwhelming. But putting it off can lead to missed opportunities. For those approaching retirement age, the good news is that it's never too late to start. Sure, the best time to plan may have been 20 years ago, but the second-best time is now. Whether you're years away or just around the corner from retirement, Services Australia has helped me put together some important questions you need to ask yourself. When are you ready to retire? Ideally, you retire when you feel financially and emotionally ready. When you've built up the resources to enjoy the lifestyle you envision for your later years. That financial base may include superannuation or investments, and it may also include support from the Age Pension. Some people choose to retire gradually rather than stopping work altogether, often referred to as a 'soft retirement'. This can offer both financial flexibility and a smoother emotional transition to this stage of your life. Will you rely on Age Pension? To qualify for the Age Pension, you need to be 67 or older, meet our residence requirements, and have income and assets under the limits. If you're eligible, the amount you get will vary depending on your situation. For example, a couple could currently receive a maximum of $1,732.20 per fortnight. A common misconception is that you have to be fully retired to claim the Age Pension. In fact, you can continue working and still receive part of the Age Pension, depending on how much you earn. How can the Work Bonus help you? The Work Bonus is designed to support older Australians to keep working if they choose to, while they get Age Pension. It allows you to earn up to $300 per fortnight from employment without it being counted under the income test. If you don't work, you'll have $300 credit added to your Work Bonus balance each fortnight until it reaches the maximum of $11,800 credit. You can use your Work Bonus balance to offset eligible income if you start working. This gives you the flexibility to take on casual or part-time work while continuing to receive a pension payment. This 'soft retirement' approach can make a huge difference – not just to your bank account, but to your peace of mind. Staying engaged in the workforce can also provide social connection and a strong sense of purpose – which I can personally attest to. What about super and investments? Whether you've already thought about your superannuation or are just starting to consider it, it's worth exploring how your savings, investments and potential pension payments will work together to support you throughout retirement. You have two main options: Manage your own investments, using tools, calculators, and online information Seek professional financial advice, where a planner can guide you through options suited to your goals, risk tolerance, and income needs. Managing your own finances can be empowering but also comes with full responsibility. Professional help, while it may involve a fee, can simplify complex decisions and help create a tailored plan to suit your circumstances. For example, more conservative investors may prefer secure options like bank accounts and term deposits. This doesn't necessarily require financial advice but getting help to clarify your investment style and timeline can be worthwhile. What free financial help is available? If you're not ready to take the plunge into retirement investment strategy just yet, or you're not in a financial position to engage with a financial planner, there's free help available. Services Australia offers a free and confidential Financial Information Service (FIS). FIS can help you understand the financial side of retirement, including superannuation, pensions, investments, and more. The service doesn't provide personal financial advice, but it can provide factual, impartial information to help you make informed financial decisions. You can contact them by calling 132 300 and saying 'Financial Information Service' when prompted. If this all seems a bit daunting, a good place to start could also be the 'Retirement years' page on the Services Australia in to access your portfolio
