Latest news with #DanielLoSurdo
Sydney Morning Herald
6 days ago
- Business
- Sydney Morning Herald
Australia news LIVE: Trump envoy meets Putin in Moscow; Indian tariffs doubled amid US push for Ukraine ceasefire
Latest posts Latest posts 6.55am A super-sized GST – with a $3300 cheque in the mail By Shane Wright, Paul Sakkal and Olivia Ireland All Australians would receive $3300 a year in exchange for accepting a higher and broader GST under a plan which proponents claim would boost the budget by $28 billion a year while driving up the nation's living standards. Before this month's economic roundtable, independent MP Kate Chaney has backed an idea first floated by leading Australian economist Richard Holden to lift the GST to 15 per cent and extend the tax on food, education, health and childcare services and water and sewerage. This would raise an additional $92.5 billion in its first full year of operation, but would be offset by a $3300 rebate to every person over the age of 18 that would effectively erase the impact of the higher GST on the first $22,000 of an individual's annual purchases. 6.52am US Army sergeant shoots five Soldiers at Georgia base An Army sergeant using a personal handgun opened fire on his unit at Fort Stewart-Hunter Army Airfield in Georgia on Wednesday, the base's commander said. Five soldiers were wounded in the attack, which ended when soldiers tackled the gunman. None of the injuries were life-threatening, base commander John W. Lubas said in a news conference. He said the victims would not be identified publicly until their families had been contacted. 'All are expected to recover,' he said. Army officials identified the suspect in custody as Sergeant Quornelius Radford, 28, an automated logistics sergeant assigned to 2nd Brigade Combat Team. They said they were not sure of his motivations or how he had concealed the weapon he used. About 8,800 people live at Fort Stewart, about 40 miles southwest of Savannah. The Army Criminal Investigation Division was leading the investigation of the shooting. President Donald Trump was briefed, said Karoline Leavitt, the White House press secretary, and the FBI's Savannah office was assisting the investigation. The New York Times 6.45am What's making news today By Daniel Lo Surdo Hello and welcome to the national news live blog. My name is Daniel Lo Surdo, and I'll be helming our live coverage this morning. Here's what is making news today: White House special envoy Steve Witkoff met Russian President Vladimir Putin in Moscow hours ago, in an almost three-hour meeting that canvassed Donald Trump's threat to intensify sanctions and tariffs on Russia if an urgent move towards a ceasefire with Ukraine wasn't achieved. Trump described the meeting as 'highly productive', noting that 'great progress was made' towards ending Russia's war in Ukraine. A proposal that would see all Australians receive $3300 a year in exchange for accepting a higher and broader GST has been proposed ahead of this month's economic reform roundtable. The plan would lift the GST to 15 per cent and extend the tax on food, education, health and childcare services, and water and sewerage, with proponents arguing it would boost the budget by $28 billion a year and drive up national living standards. Trump has signed an executive order to double tariffs on Indian exports to 50 per cent within three weeks, days after the Indian government warned against new trade penalties. The move is designed to penalise India for its purchasing of Russian oil, as Trump continues work to negotiate an end to Russia's war in Ukraine.
The Age
6 days ago
- Business
- The Age
Australia news LIVE: Trump envoy meets Putin in Moscow; Indian tariffs doubled amid US push for Ukraine ceasefire
Latest posts Latest posts 6.55am A super-sized GST – with a $3300 cheque in the mail By Shane Wright, Paul Sakkal and Olivia Ireland All Australians would receive $3300 a year in exchange for accepting a higher and broader GST under a plan which proponents claim would boost the budget by $28 billion a year while driving up the nation's living standards. Before this month's economic roundtable, independent MP Kate Chaney has backed an idea first floated by leading Australian economist Richard Holden to lift the GST to 15 per cent and extend the tax on food, education, health and childcare services and water and sewerage. This would raise an additional $92.5 billion in its first full year of operation, but would be offset by a $3300 rebate to every person over the age of 18 that would effectively erase the impact of the higher GST on the first $22,000 of an individual's annual purchases. 6.52am US Army sergeant shoots five Soldiers at Georgia base An Army sergeant using a personal handgun opened fire on his unit at Fort Stewart-Hunter Army Airfield in Georgia on Wednesday, the base's commander said. Five soldiers were wounded in the attack, which ended when soldiers tackled the gunman. None of the injuries were life-threatening, base commander John W. Lubas said in a news conference. He said the victims would not be identified publicly until their families had been contacted. 'All are expected to recover,' he said. Army officials identified the suspect in custody as Sergeant Quornelius Radford, 28, an automated logistics sergeant assigned to 2nd Brigade Combat Team. They said they were not sure of his motivations or how he had concealed the weapon he used. About 8,800 people live at Fort Stewart, about 40 miles southwest of Savannah. The Army Criminal Investigation Division was leading the investigation of the shooting. President Donald Trump was briefed, said Karoline Leavitt, the White House press secretary, and the FBI's Savannah office was assisting the investigation. The New York Times 6.45am What's making news today By Daniel Lo Surdo Hello and welcome to the national news live blog. My name is Daniel Lo Surdo, and I'll be helming our live coverage this morning. Here's what is making news today: White House special envoy Steve Witkoff met Russian President Vladimir Putin in Moscow hours ago, in an almost three-hour meeting that canvassed Donald Trump's threat to intensify sanctions and tariffs on Russia if an urgent move towards a ceasefire with Ukraine wasn't achieved. Trump described the meeting as 'highly productive', noting that 'great progress was made' towards ending Russia's war in Ukraine. A proposal that would see all Australians receive $3300 a year in exchange for accepting a higher and broader GST has been proposed ahead of this month's economic reform roundtable. The plan would lift the GST to 15 per cent and extend the tax on food, education, health and childcare services, and water and sewerage, with proponents arguing it would boost the budget by $28 billion a year and drive up national living standards. Trump has signed an executive order to double tariffs on Indian exports to 50 per cent within three weeks, days after the Indian government warned against new trade penalties. The move is designed to penalise India for its purchasing of Russian oil, as Trump continues work to negotiate an end to Russia's war in Ukraine.
Sydney Morning Herald
7 days ago
- Business
- Sydney Morning Herald
Australia news LIVE: Albanese advances efforts to end Gaza humanitarian crisis; Bill and Hillary Clinton subpoenaed in Epstein case
Latest posts Latest posts 6.54am The $200 billion economy boost that could cost your job By Shane Wright A combination of artificial intelligence and better use of our personal information could deliver a $200 billion boost to the economy over the next decade, the Productivity Commission has found, while warning it may cost some Australians their jobs. As the nation's second-largest company slammed a proposal from the commission that would increase its annual tax bill, the agency urged Anthony Albanese to reject calls from within his government to impose binding regulation on AI, saying it could leave everyone worse off. In its third report before this month's economic roundtable, at which 23 hand-picked experts, business and union leaders will map out ways to lift the country's productivity growth rate, the commission said data and digital technologies were the modern engines of economic growth. 6.51am Labor considered work from home policy before Dutton backflip By Olivia Ireland, Jessica Yun, Chris Zappone and David Swan Labor considered a policy to protect working-from-home rights before the May federal election but abandoned the push to avoid taking attention from then-opposition leader Peter Dutton's unpopular plan to call public servants back to the office. Two federal sources confirmed to this masthead that the idea of protecting people who work remotely from career penalties was floated within Labor before the election, building on the government's 2023 changes that gave employees a legal right to ask to work from home. The revelation that federal Labor saw the policy as a potential vote-winner comes after Victorian Premier Jacinta Allan pledged to give workers in her state the right to work from home at least two days a week in an attempt to reach frustrated voters before the state election next year. 6.48am What's making news today By Daniel Lo Surdo Hello and welcome to the national news live blog. My name is Daniel Lo Surdo, and I'll be helming our live coverage this morning. Here's what is making news today: Prime Minister Anthony Albanese has discussed efforts to end the humanitarian crisis in Gaza with the head of the United Nations as the government sends increasingly strong signals it will join a coalition of nations recognising a Palestinian state in September. It comes as Albanese held a phone call with Palestinian Authority President Mahmoud Abbas on Tuesday, and spoke with UN Secretary-General Antonio Guterres to discuss next month's General Assembly in New York. The Great Barrier Reef last year suffered the largest annual decline in coral cover in two of the three regions regularly surveyed since monitoring began 39 years ago due to climate change-induced heat stress causing mass bleaching. Coral cover in the northern region fell by a quarter last year, while the central region declined from 33.2 per cent to 28.6 per cent, a report from the Australian Institute of Marine Science has found. US House Republicans have subpoenaed former president Bill Clinton and 2016 Democrat presidential nominee Hillary Clinton, in addition to the Justice Department and nearly a dozen former federal officials for information about Jeffrey Epstein's sex-trafficking operation. The development forms a potential confrontation with the Trump administration, which has come under fire for their handling of documents related to the Epstein case. The Australian sharemarket is expected to rise again on Wednesday after closing at a record high yesterday. Consumer stocks helped the local bourse to a 1.3 per cent gain, with Bunnings owner Wesfarmers and JB Hi-Fi among the biggest lifters on the ASX. Financial and mining stock both rose, with the latter bolstered by a rise in iron ore prices.
The Age
7 days ago
- Business
- The Age
Australia news LIVE: Albanese advances efforts to end Gaza humanitarian crisis; Bill and Hillary Clinton subpoenaed in Epstein case
Latest posts Latest posts 6.54am The $200 billion economy boost that could cost your job By Shane Wright A combination of artificial intelligence and better use of our personal information could deliver a $200 billion boost to the economy over the next decade, the Productivity Commission has found, while warning it may cost some Australians their jobs. As the nation's second-largest company slammed a proposal from the commission that would increase its annual tax bill, the agency urged Anthony Albanese to reject calls from within his government to impose binding regulation on AI, saying it could leave everyone worse off. In its third report before this month's economic roundtable, at which 23 hand-picked experts, business and union leaders will map out ways to lift the country's productivity growth rate, the commission said data and digital technologies were the modern engines of economic growth. 6.51am Labor considered work from home policy before Dutton backflip By Olivia Ireland, Jessica Yun, Chris Zappone and David Swan Labor considered a policy to protect working-from-home rights before the May federal election but abandoned the push to avoid taking attention from then-opposition leader Peter Dutton's unpopular plan to call public servants back to the office. Two federal sources confirmed to this masthead that the idea of protecting people who work remotely from career penalties was floated within Labor before the election, building on the government's 2023 changes that gave employees a legal right to ask to work from home. The revelation that federal Labor saw the policy as a potential vote-winner comes after Victorian Premier Jacinta Allan pledged to give workers in her state the right to work from home at least two days a week in an attempt to reach frustrated voters before the state election next year. 6.48am What's making news today By Daniel Lo Surdo Hello and welcome to the national news live blog. My name is Daniel Lo Surdo, and I'll be helming our live coverage this morning. Here's what is making news today: Prime Minister Anthony Albanese has discussed efforts to end the humanitarian crisis in Gaza with the head of the United Nations as the government sends increasingly strong signals it will join a coalition of nations recognising a Palestinian state in September. It comes as Albanese held a phone call with Palestinian Authority President Mahmoud Abbas on Tuesday, and spoke with UN Secretary-General Antonio Guterres to discuss next month's General Assembly in New York. The Great Barrier Reef last year suffered the largest annual decline in coral cover in two of the three regions regularly surveyed since monitoring began 39 years ago due to climate change-induced heat stress causing mass bleaching. Coral cover in the northern region fell by a quarter last year, while the central region declined from 33.2 per cent to 28.6 per cent, a report from the Australian Institute of Marine Science has found. US House Republicans have subpoenaed former president Bill Clinton and 2016 Democrat presidential nominee Hillary Clinton, in addition to the Justice Department and nearly a dozen former federal officials for information about Jeffrey Epstein's sex-trafficking operation. The development forms a potential confrontation with the Trump administration, which has come under fire for their handling of documents related to the Epstein case. The Australian sharemarket is expected to rise again on Wednesday after closing at a record high yesterday. Consumer stocks helped the local bourse to a 1.3 per cent gain, with Bunnings owner Wesfarmers and JB Hi-Fi among the biggest lifters on the ASX. Financial and mining stock both rose, with the latter bolstered by a rise in iron ore prices.
The Age
03-08-2025
- Politics
- The Age
Australia news LIVE: More aid for Gaza announced after Harbour Bridge protest; evacuation warnings issued after NSW flooding
Latest posts Latest posts 6.48am TikTok ads drive defence enrolment surge By Matthew Knott Advertising on computer games and social media platforms like TikTok has helped drive the biggest surge in Defence Force recruitment in 15 years, a major turnaround that the federal government says has put the military on track to achieve ambitious growth targets. The Australian Defence Force has been plagued by a recruitment and retention crisis in recent years, but in the past financial year, the military enlisted 7059 permanent personnel, the highest annual intake since 2009. The full-time ADF workforce has now reached 61,189, slightly below its authorised strength of 62,700 permanent members but significantly up on previous estimates. More than 75,000 people applied to join the ADF in the past year, the highest number in five years and a 28 per cent increase on the previous year. 6.45am Israeli minister triggers condemnation after praying at flashpoint holy site A far-right Israeli minister has visited and prayed at Jerusalem's most sensitive holy site, triggering regional condemnation and fears that the provocative move could further escalate tensions. The visit on Sunday came as hospitals in Gaza said 33 more Palestinians seeking aid were killed by Israeli fire. Photos and videos showed Itamar Ben-Gvir leading Jewish prayers at the compound, which is known by Jews as the Temple Mount, in the walled Old City of occupied East Jerusalem. The hillside area is the most sacred site in Judaism and was home to the ancient biblical temples. Muslims call the site the Noble Sanctuary. Today, it is home to the Al-Aqsa Mosque, the third-holiest site in Islam. 6.41am What's making news today By Daniel Lo Surdo Hello and welcome to the national news live blog. My name is Daniel Lo Surdo, and I'll be helming our live coverage this morning. Here's what is making news today: Foreign Minister Penny Wong has committed a further $20 million to the Gaza humanitarian response one day after some 90,000 pro-Palestine protesters walked across the Sydney Harbour Bridge to demand an end to a worsening crisis in the Middle East. It takes Australia's total contribution to $130 million, and will support humanitarian organisations to provide food and medical supplies. Evacuation warnings have been issued in the NSW Hunter and Mid North Coast region amid major flooding on the Peel and Namoi Rivers. The flooding has prompted emergency warnings for parts of Gunnedah and Raymond Terrace after inundation occurred in areas adjacent to the river. The NSW State Emergency Service said they had responded to 18 flood rescues on Sunday night, with about 1500 volunteers activated. The Australian sharemarket is expected to slide after Wall Street suffered its worst day since May after President Donald Trump imposed sweeping tariffs on US trading partners. Trump left trade penalties on Australian goods at its previously announced 10 per cent rate, and pushed back the beginning date to August 7, adding increasing uncertainty to the global trade picture.
