Government acquires more than $2 billion in inactive super
In what has been dubbed some “cheeky accounting,” the Australian Government is set to acquire more than $2 billion in inactive superannuation accounts.
4.1 million inactive accounts have already been seized by the Australian Tax Office.
The ATO currently does not have the power to automatically give the funds to account holders, unless new regulations are passed in the May budget.
'Catchment fraud' at Brisbane State High sparks call for enrolment cap
Brisbane State High School has been forced to employ an investigator to expose families who are defrauding the catchment system so their children gain enrollment.
Plans to Redevelop Eagle Street Pier in 2019
The property group, Dexus, is progressing on its $1.4 billion redevelopment plan to unlock "the unrealised potential of the waterfront" in Brisbane.
They plan to transform Eagle Street Pier, including building two towers.
If the construction goes ahead, in March next year we’ll see the closing of Eagle Street between Charlotte and Market streets and opening up the riverfront space.
Researchers Look to AI to Save Indigenous Languages
Isla and Max with your 10am Zedlines
Image: Pixabay
U.S Women’s Football Goalkeeper Speaks out on Equal Pay
Olympian and world cup winning goalkeeper, Hope Solo, has spoken up about equality of pay in her pursuit, despite fears of being ostracised as a result.
Malaysian Bodyguard On Death Penalty Could Be Sent Back Home
Malaysian bodyguard, Sirul Azhar Umar, who was sentenced to hanging in 2009, but is being held in detention in Australia, is likely to be returned home for a fair trial.
Director of Public Prosecutions calls ANZ into legal proceedings
ANZ has said that the Commonwealth Director of Public Prosecutions is taking actions against the big bank for being knowingly concerned in alleged cartel conduct around their relation to the 2015 capital raising.
Researchers Look to AI to Save Indigenous Languages
Researchers from the ARC Centre of Excellence for the Dynamics of Language, have been working to transcribe and preserve over 300 of Australia’s Indigenous, endangered languages by using artificial intelligence.
Brisbane Metro Will Not Run at a Defecit within Existing Budget
The Brisbane City Council has guaranteed the State Government that for the next 10 years, Brisbane Metro will not run at a deficit within the existing transport budget.
Council Denies Construction of Funeral Parlour
Brisbane City Council has refused the application for a funeral parlour to be built in South Brisbane, because Lord Mayor Graham Quirk says it would be to the detriment of the local community.