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Singapore Bus and Train Fares Jump 7% from December 26, 2026
Singapore public transport fares rise 7% from December 26, 2026. Adult card users pay 12-13 cents more per trip. Energy costs up 21% due to Middle East conflict.
First Home Buyers Face $11,200 Borrowing Hit as RBA Hikes Rates to 15-Year High
RBA rate hike on September 29 will cut first home buyer borrowing capacity by $11,200 and add $107-$152 monthly to mortgage repayments. Canstar analysis shows cumulative 2026 reduction of $47,400.
ATO Tax Prosecutions Jump 80% as $2.7M in Fines Handed Down, September 18
ATO prosecutions for tax evasion jump 80% in two years, with over 350 people convicted and $2.7 million in fines. Queensland, WA and NSW account for three-quarters of cases.
ATO Tax Prosecutions Jump 80% as $2.7M in Fines Handed Down, September 18
ATO prosecutions for tax evasion surge 80% with $2.7 million in fines. Over 350 individuals and businesses convicted in shadow economy crackdown targeting non-lodgers and cash-in-hand workers.
Burke Bars International Student Families, Introduces Backpacker Ballot System
Tony Burke’s migration overhaul bars international student families and introduces a ballot system for backpackers in regional work. Net migration targets 225,000 by 2027-28.
Burke Cuts Student Family Visas, Tightens Backpacker Rules in September 17 Overhaul
Tony Burke announces major immigration changes on September 17: international students barred from bringing family, ballot system for backpackers, net migration target cut to 245,000 from current 292,100.
BoM warns super El Niño may not mean extreme summer for Australia
Australia’s Bureau of Meteorology warns that the strongest El Niño on record may not bring extreme summer conditions. Sea surface temperatures could exceed 3°C above average, but rainfall impacts will vary across regions.
Albanese Defends Mother Against Hanson’s Public Housing Jab, September 14
Anthony Albanese condemns Pauline Hanson’s podcast comments mocking his mother’s public housing background. Former PM Scott Morrison and Angus Taylor criticise Hanson; Barnaby Joyce defends her.
Australia’s Card Surcharge Ban Kicks In October 1: What Changes for You
From October 1, card surcharges are banned in Australia. Banks are raising annual fees and cutting rewards. Small businesses save $910 million but may raise prices.