1% wealth tax equals 20% income tax if returns 5%
A 1% wealth tax equals roughly a 20% tax on capital income if assets return 5% a year. Practical arithmetic and what it implies for Australian taxpayers.
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Finance — Page 4
Latest in Finance
Developer links load balancer error to 15% fall in sales
A dev.to post says a misconfigured load balancer caused duplicate requests and a 5% error rate on an e-commerce platform, fixed by switching to NGINX.
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3 min read
Global bond market repriced after Iran conflict
US 30-year yields hit 5.18% as the bond market repriced after the Iran conflict, lifting long-term borrowing costs and squeezing government budgets.
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4 min read
Nvidia expands buyback, shifts AI stock calculus
Nvidia expands buyback and posted $73.1bn in data-centre revenue, reshaping AI stock risk and index exposure. Watch options and guidance for the next move.
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4 min read
Astera Labs stock jumps 16.5%, nears September record
Astera Labs stock rose 16.5% after the CEO's J.P. Morgan presentation and analyst upgrades. The Q3 2026 Scorpio X ramp on Trainium3 racks is the next test.
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4 min read
Card fees: 5 ways small businesses overpay, and how to fix it
Small firms paid about AUD 1.2bn in card surcharges in 2023-24. Five practical ways merchants overpay, with precise fixes to cut costs as regulators move to tighten surcharging rules.
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Hedge funds own $3bn Ukraine GDP warrants, prompting talks
Hedge funds holding $3bn Ukraine GDP warrants have opened restricted NDA talks with Kyiv, which could affect wartime spending and reconstruction.
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4 min read
Capcom posts ¥75.3bn operating profit, ninth straight year
Capcom posted FY2026 net sales ¥195.4bn and operating profit ¥75.3bn, led by Resident Evil Requiem, 93% digital sales and strong catalogue performance.
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4 min read
Berkshire Amasses $2.6bn Stake in Delta, Returns to Airlines
Berkshire disclosed a $2.6bn stake in Delta in an SEC filing on 15 May 2026, marking a return to airlines under CEO Greg Abel. Next 13F is due in August.
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4 min read
Kentucky Derby: DeVaux nets $310,000, first female trainer
Cherie DeVaux earned about $310,000 after Golden Tempo won the 152nd Kentucky Derby. Owners took the bulk; Golden Tempo will skip the Preakness to recover.
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4 min read
Forbright files for US IPO, eyes Nasdaq listing
Forbright filed a draft S-1 for a U.S. IPO, aiming to raise $100m and list on Nasdaq under FRBT, pending SEC review and market conditions to widen reach.
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4 min read
Figma’s AI push faces test after 68.8% year-to-date share slump
Figma's AI push, from ChatGPT integration to Figma Weave, underpins management's monetisation plan as investors punish the stock ahead of fiscal 2025 revenue results.
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4 min read
Gold Down 1.1% as Oil-Driven Inflation Fuels Rate Bets
Spot gold fell 1.1% to $4,568.82 as rising oil and US Treasury yields raised inflation fears, pushing back Fed rate cuts and weighing on bullion demand.
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4 min read
Winklevosses lend $100m to keep Gemini operating
Winklevosses lent $100m to Gemini to fund operations amid frozen customer assets, regulatory actions and planned job cuts in Australia, the UK and the EU.
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4 min read
Trade truce stakes high as Trump meets Xi in Beijing
Beijing summit on May 14 hangs on a US-China trade truce and possible Chinese purchases of Boeing, soybeans and energy, with implications for exporters.
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4 min read
Bagmane REIT Rs 3,405 crore IPO to test Indian market
Bagmane Prime Office REIT's Rs 3,405 crore IPO, split between a Rs 2,390 crore primary and Rs 1,015 crore offer-for-sale, targets a May 15, 2026 listing.
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3 min read
Blackstone REIT raises $1.75bn to buy AI data centres
Blackstone REIT raised $1.75bn in an IPO to buy stabilised data centres for AI. Trading as BXDC on the NYSE, it will focus on leased, revenue assets.
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3 min read
OECD Sees BOJ Rate at 2% by End-2027, Timing Still Uncertain
OECD says the BOJ's policy rate could hit 2.0% by end-2027 from 0.75%, driven by wage gains and a closing output gap. Markets now eye the June meeting.
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4 min read
Memory rally lifts chipmakers 160%, electronics down 10%
Memory-chip stocks have climbed 160% since late September; a consumer-electronics index is down 10%. Tight DRAM and NAND supply is cutting device margins.
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4 min read
India 6.5% growth forecast and BBB upgrade
S&P raised India's sovereign rating to BBB and forecasts 6.5% GDP growth to March 31, 2026, citing tax cuts, higher public spending and softer inflation.
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4 min read
Trump loses tariff power after 2 court rulings
Two US court rulings have curtailed President Trump's tariff power, invalidating emergency and statutory attempts to impose wide import surcharges, with further appeals still possible.
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4 min read
KKR: China growth shifting to AI and energy transition
KKR's April 2026 field trip saw rapid AI adoption and an energy-transition push shifting China growth from housing to industrial digitalisation now.
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3 min read
10-year yield jumps 8bp, Indian equities slip
India's 10-year government bond yield rose about 8 basis points to 6.41% after the RBI held rates, lifting 1-5 year OIS rates and weighing on the Nifty.
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4 min read
Nobel Hygiene raises ₹170 crore, IPO talk intensifies
Nobel Hygiene raised ₹170 crore from Neo Asset to boost distribution, brands and IPO preparation. VCCEdge reports FY24 net sales at Rs 728.5 crore.
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4 min read
One-year grace for investor tax changes: key dates
Investor tax changes to negative gearing and 50% CGT discount apply to assets bought on budget night, with a one-year grace and cutover on 1 July 2027.
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5 min read