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The Latest Breaking News from Finance

Tax cuts and tourist fees in NZ budget 'clean-up job'

Income tax relief for Kiwis and higher fees for tourists have been revealed in the first budget of New Zealand's coalition government.

AAP

Cuts and tax relief take centre stage for NZ Budget

New Zealanders will learn the size of their tax relief when Finance Minister Nicola Willis delivers the right-leaning coalition's first budget.

AAP

Australian inspiration for Kiwi tax cuts: NZ minister

Nicola Willis will deliver the right-leaning New Zealand coalition government's first budget this week, with tax cuts at the forefront.

AAP

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G7 officials make progress but no final deal on money for Ukraine from frozen Russian assets

Finance officials from the Group of Seven rich democracies say they have moved toward agreement on a U.S. proposal to squeeze more money for Ukraine from Russian assets frozen in their countries

The Independent UK

G7 Ministers Move Closer To Russian Assets Deal To Help Ukraine

G7 finance ministers are expected Saturday to agree a broad plan to use interest from frozen Russian assets for Ukraine, paving the way for a potential agreement among leaders next month.

International Business Times

Secretive review paves the way for PwC partner to sell business

The Department of Finance refuses to release its review, say who conducted it, or even reveal what specifically it looked at or found.

Crikey

One held for cheating MPs/MLAs posing as Finance dep. official

The Hindu

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Home Affairs to receive budget boost

APS to receive 'significant' investment.

The Canberra Times

What are the chances of ACT's public housing debt being waived? Gallagher responds

The senator has dispelled suggestions the debt will be cancelled.

The Canberra Times

Congress' approach towards terrorism weak and soft: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman attacked the Congress, saying the approach of the party towards terrorism has been “soft”.

The Hindu

Australia green-lit PwC days before Senate report into tax leaks scandal dropped

The Australian government inexplicably rubber-stamped PwC just days before a cornerstone inquiry into the tax leaks scandal was to deliver its findings.

Crikey

‘Paying to be exploited’: Labor has now fully succumbed to the fossil fuel industry

In a massive win for the fossil fuel industry, taxpayers will fund the mapping of gas reserves for companies to exploit in Labor’s own ‘gas-led recovery’.

Crikey

Israel bans Al Jazeera: What does it mean and what happens next?

Al Jazeera said it will pursue available legal channels to protect its journalists from Israel’s ‘slanderous’ shutdown.

Al Jazeera

Federal budget to include new funding for stage 2B of light rail

Government also questioned on future of Canberra stadium.

The Canberra Times

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Crikey

Government restarts PwC gravy train with $700,000 cash splash

New contracts with PwC’s Indigenous Consulting were published last week — the same day the Finance Department issued a surprise notice indicating PwC Australia could soon resume federal government work.

Crikey

‘Too soon’ to call Perth stabbing terrorism

WA police are reticent to call the recent Peth stabbing a terrorist attack, Meta says nobody reads news on Facebook anymore anyway, and student workers on placement will get weekly payments from next year.

The Hindu

₹8.44-cr. project for two-lane bridge at Mundakkal gets approval

Finance department approves ₹8.44-crore project for new bridge at Mundakkal across TS Canal, improving connectivity and potential of region.

The Hindu

K. Anbazhagan opposed Gold (Control) Rules, saying it treated only symptoms, not the disease

Gold's significance in Indian culture, past attempts to control its possession, and the eventual abandonment of such regulations.

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Crikey

Government paves the way to resume handing contracts to PwC Australia

A surprise procurement note says the Finance Department is undertaking an ‘examination’ as to ‘PwC Australia’s ethical soundness’.

The Hindu

Promises made in TDP-BJP-JSP alliance manifesto are realistic, says former Finance Minister Yanamala

Former Finance Minister Yanamala Ramakrishnudu highlights TDP-BJP-JSP manifesto's realistic economic growth goals and revenue generation strategies.

The Hindu

Buggana’s nomination scrapes through scrutiny process

Finance Minister Buggana Rajendranath Reddy's nomination form for Dhone Assembly faced scrutiny but was ultimately accepted amid drama.

The Canberra Times

Finance has 'appropriate' strategies to deal with property conflicts

Minister asked about Colliers' 2020 conflict of interest.

The Hindu

‘BJP wants to continue loot’: Congress slams Sitharaman’s remarks on bringing back electoral bonds

Congress hit out at the BJP over Finance Minister Nirmala Sitharaman’s reported remarks that electoral bonds will be brought back after consultations

International Business Times

Pakistan And IMF Discussing New Multi-billion-dollar Program, Finance Minister Says

Pakistan has initiated discussions with the IMF over a new multi-billion dollar loan agreement to support its economic reform program, its new finance minister told AFP on Monday.

The Hindu

Plan implementation hit due to delay in release of funds, says Maradu municipality

The Maradu municipality has informed the Finance department that the operation of Plan programmes in the 2023-24 fiscal will be affected due to the delay in the release of money for the bills pending before the treasury.

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