Topic: Tax & Budget — Neutral reports only

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[2026-05-07 16:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Ex China waiter turned influencer with 40 million fans fined US$2.6 million for tax evasion
Snippet: Former barber’s assistant evades hair-raising amount of duties; acknowledges ‘mistake’, accepts punishment
Read full article: https://www.scmp.com/news/people-culture/china-personalities/article/3351980/ex-china-waiter-turned-influencer-40-million-fans-fined-us26-million-tax-evasion?utm_source=rss_feed
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[2026-05-07 16:00 UTC+10:00] [China] [Factuality: 100]
Source: South China Morning Post
Title: Ex China waiter turned influencer with 40 million fans fined US$2.6 million for tax evasion
Snippet: Former barber’s assistant evades hair-raising amount of duties; acknowledges ‘mistake’, accepts punishment
Read full article: https://www.scmp.com/news/people-culture/china-personalities/article/3351980/ex-china-waiter-turned-influencer-40-million-fans-fined-us26-million-tax-evasion
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[2026-05-07 13:49 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Chinese household appliance maker Midea seeks US$2.2 billion from convertible bond sale
Snippet: Midea looks to tap into the debt market to fund its overseas expansion and boost offshore liquidity amid rising sentiment on the stock.
Read full article: https://www.scmp.com/business/china-business/article/3352697/chinese-household-appliance-maker-midea-seeks-us22-billion-convertible-bond-sale?utm_source=rss_feed
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[2026-05-07 13:49 UTC+10:00] [Midea] [Factuality: 100]
Source: South China Morning Post
Title: Chinese household appliance maker Midea seeks US$2.2 billion from convertible bond sale
Snippet: Midea looks to tap into the debt market to fund its overseas expansion and boost offshore liquidity amid rising sentiment on the stock.
Read full article: https://www.scmp.com/business/china-business/article/3352697/chinese-household-appliance-maker-midea-seeks-us22-billion-convertible-bond-sale
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[2026-05-07 12:23 UTC+10:00] [All News] [Factuality: 100]
Source: The Korea Herald
Title: Global debt hits record of near $353tr
Snippet: LONDON (Reuters) -- Investors are showing signs of diversifying away from US Treasuries as global debt levels hit a record of nearly $353 trillion by end-March, a report by the Institute of International Finance published Wednesday ‌found.
Read full article: https://www.koreaherald.com/article/10732752
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[2026-05-07 11:55 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: New Zealand eyes Japanese Mogami-class warships as possible replacements for ageing fleet
Snippet: Wellington plans to increase defence spending to about 2 per cent of gross domestic product, citing rising geopolitical tensions
Read full article: https://www.scmp.com/news/asia/australasia/article/3352684/new-zealand-eyes-japanese-mogami-class-warships-possible-replacements-ageing-fleet?utm_source=rss_feed
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[2026-05-07 11:55 UTC+10:00] [New Zealand] [Factuality: 100]
Source: South China Morning Post
Title: New Zealand eyes Japanese Mogami-class warships as possible replacements for ageing fleet
Snippet: Wellington plans to increase defence spending to about 2 per cent of gross domestic product, citing rising geopolitical tensions
Read full article: https://www.scmp.com/news/asia/australasia/article/3352684/new-zealand-eyes-japanese-mogami-class-warships-possible-replacements-ageing-fleet
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[2026-05-07 11:20 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: "Existential Fight For Survival": MSFT May Nuke Green Data Center Climate Pledge
Snippet: One week ago, Microsoft expected roughly $190 billion in AI data center spending for this fiscal year, highlighting the massive scale of the hyperscaler capex cycle as Big Tech races to build out compute infrastructure. Across the tech space, hyperscalers are expected to spend nearly $700 billion in capex this year alone.
Read full article: https://www.zerohedge.com/ai/existential-fight-survival-msft-may-nuke-green-data-center-climate-pledge
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[2026-05-07 10:54 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: LIV Golf CEO Scott O’Neil tells The Post his bold prediction for rebel league’s future
Snippet: Sure, LIV Golf needs money to survive now that the Saudi investors are, after 2026, ceasing their outlandish spending that changed the landscape of golf as we once knew it.
Read full article: https://nypost.com/2026/05/06/sports/liv-golfs-scott-oneil-has-bold-prediction-for-rebel-leagues-future/
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[2026-05-07 10:46 UTC+10:00] [Australian budget 2026] [Factuality: 100]
Source: Guardian Australia
Title: Who’s invited to Canberra’s hottest pre-budget galas? | Fiona Katauskas
Snippet: They may not be influencers, but they’re keen to have influence
Read full article: https://www.theguardian.com/commentisfree/picture/2026/may/07/whos-invited-to-canberras-hottest-pre-budget-galas
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[2026-05-07 10:45 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: San Francisco’s CEO tax fight intensifies as new report sounds alarm
Snippet: San Francisco has been a case study in how not to run a city, but a new report is amplifying the alarm as voters consider a CEO tax that some are calling a poison pill for the epicenter of tech.
Read full article: https://nypost.com/2026/05/06/us-news/san-francisco-crazy-high-business-taxes-could-get-even-worse/
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[2026-05-07 09:36 UTC+10:00] [Finance & Tax] [Factuality: 100]
Source: Michael West Media
Title: “Let the boat go to scrap”. Hall Chadwick private lending network exposed
Snippet: Don't pay so you can read it. Pay so everyone can!
Read full article: https://michaelwest.com.au/let-the-boat-go-to-scrap-hall-chadwick-private-lending-network-exposed/
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[2026-05-07 09:07 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Billionaire Ken Griffin scales back NYC jobs in response to Mamdani’s ‘tax the rich’ antics — sparking fears wealthy exodus has begun
Snippet: Hedge fund titan Ken Griffin revealed this week he’s scaling back jobs in the Big Apple as a “direct consequence” of Zohran Mamdani’s “tax the rich” antics — stoking fears that the well-to-do are starting to flee the socialist mayor and taking their cash with them.
Read full article: https://nypost.com/2026/05/06/us-news/billionaire-ken-griffin-scales-back-nyc-jobs-in-response-to-mamdanis-tax-the-rich-antics-sparking-fears-wealthy-exodus-has-begun/
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[2026-05-07 08:23 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: Push to double Labor's $10 billion housing fund as budget looms
Snippet: Homelessness Australia chief executive Kate Colvin says demand for social housing is rising. (ABC News: Norman Hermant)
Read full article: https://www.abc.net.au/news/2026-05-07/homelessness-bodies-push-for-social-housing-funding-budget-2026/106640710
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[2026-05-07 07:40 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Fiscalía de Guatemala deberá recuperar su credibilidad tras salida de Porras, dicen analistas
Snippet: Activistas portan una pancarta que dice “Defender la democracia es un derecho no un delito” sobre retratos de los líderes indígenas encarcelados Luis Pacheco (izquierda) y Héctor Chaclán, quienes enfrentan cargos de terrorismo y asociación ilícita en relación con las protestas nacionales de 2023, frente a la Corte Suprema en Ciudad de Guatemala, el 25 de agosto de 2025.
Read full article: https://apnews.com/article/eleccion-fiscal-general-porras-ministerio-publico-guatemala-presidente-505f7e8a7c7bda1785be0c019b30c7c8
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[2026-05-07 07:23 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: Housing and cost-of-living relief at heart of WA budget
Snippet: Topic:State and Territory Government
Read full article: https://www.abc.net.au/news/2026-05-07/housing-cost-living-relief-priority-wa-budget/106647330
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[2026-05-07 07:17 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: ASX rebound set to continue as Wall Street's record rally rolls on
Snippet: Renewed hopes for peace and another spending spree in AI stocks have seen Wall Street's S&P 500 and Nasdaq indices rally to new record highs while global oil prices tumbled.
Read full article: https://www.abc.net.au/news/2026-05-07/asx-markets-business-news-live-updates/106650678
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[2026-05-07 07:00 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: Can the budget lull sleepless Victorian voters as cost of living rises?
Snippet: Treasurer Jaclyn Symes played down the state's interest repayments when she delivered the budget on Tuesday but admits she wishes the Victoria's debt was lower. (AAP Image: Joel Carrett)
Read full article: https://www.abc.net.au/news/2026-05-07/state-budget-cost-of-living-leaves-victorians-awake-at-night/106648702
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[2026-05-07 06:58 UTC+10:00] [General] [Factuality: 100]
Source: BBC News
Title: Gas tax: How beer fuelled a debate on Australia's energy giants
Snippet: Back in February, an otherwise dry senate hearing took an unexpected turn when a flustered treasury official confirmed a little known fact: Australia gets more tax from beer than gas exports.
Read full article: https://www.bbc.com/news/articles/cy02pzxd4y4o?at_medium=RSS&at_campaign=rss
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[2026-05-07 06:48 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Wall Street giant Apollo aims to open ‘second headquarters’ outside NYC — in latest fallout from Mamdani’s war on the wealthy
Snippet: Yet another major Wall Street firm is poised to expand outside New York City – the latest blow to the Big Apple’s tax coffers thanks to Mayor Zohran Mandani’s war on wealthy residents and businesses, The Post has learned.
Read full article: https://nypost.com/2026/05/06/business/wall-street-giant-apollo-aims-to-open-second-headquarters-outside-nyc-in-latest-fallout-from-mamdanis-war-on-the-wealthy/
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[2026-05-07 06:24 UTC+10:00] [Australia news] [Factuality: 100]
Source: Guardian Australia
Title: Australia news live: BHP loses Brazil dam collapse case; man charged with hate speech over NSW parliament rally
Snippet: Mining company cannot appeal against liability for 2015 dam collapse in Brazil. Follow today’s news live
Read full article: https://www.theguardian.com/australia-news/live/2026/may/07/royal-commission-antisemitism-budget-cost-of-living-jim-chalmers-anthony-albanese-tax-islamic-state-families-syria-ntwnfb
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[2026-05-07 06:00 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Title: Huge potential to develop joint ventures with Maldives
Snippet: Sri Lanka remained resilient through fiscal discipline, structural reforms, strengthened governance and strong international support, despite facing several challenges during recent times, including global uncertainties and tensions, shifting trade conditions and the impact of severe weather, Prime Minister Dr Harini Amarasuriya told the Sri Lanka Maldives Business Forum held in Colombo on May 5.
Read full article: https://dailynews.lk/2026/05/07/business/990694/huge-potential-to-develop-joint-ventures-with-maldives/
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[2026-05-07 05:00 UTC+10:00] [Politics / WA] [Factuality: 92]
Source: The Age
Title: Labor has already hurled billions at WA’s spot fires. What’s left in the budget?
Snippet: Pick the political thorn in the side of the Cook government, and West Australian Treasurer Rita Saffioti has already fired the money cannon at it.
Read full article: https://www.theage.com.au/politics/western-australia/labor-has-already-hurled-billions-at-wa-s-spot-fires-what-s-left-in-the-budget-20260429-p5zsap.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-07 04:59 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: Would you rather hand over $300 a month to your bank or the government?
Snippet: A borrower with a fairly typical $700,000 mortgage has seen a $317 increase to their monthly repayments with three rate rises this year. (ABC News: Alistair Kroie/John Gunn)
Read full article: https://www.abc.net.au/news/2026-05-07/what-if-we-used-taxes-or-superannuation-to-control-inflation/106645404
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[2026-05-07 04:45 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: Albanese's budget won't be derailed by Trump's declarations
Snippet: Topic:Government and Politics
Read full article: https://www.abc.net.au/news/2026-05-07/albanese-budget-donald-trump-fuel-sovereignty-oil-stockpile/106639806
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[2026-05-07 04:35 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: California governor candidates spar on taxes, Trump and healthcare
Snippet: From left to right, Tom Steyer, Steve Hilton, Chad Bianco and Matt Mahan participate in a California gubernatorial debate hosted by CNN at East Los Angeles College in Monterey Park, Calif. Tuesday, May 5, 2026. (AP Photo/Ethan Swope)
Read full article: https://apnews.com/article/california-governor-debate-healthcare-tax-cnn-f88d189f91f1ed7e415438227e3f3ac1
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[2026-05-07 04:30 UTC+10:00] [Politics / Federal] [Factuality: 100]
Source: The Age
Title: Chalmers to lower deficits amid cabinet frustration over Bullock’s warning
Snippet: Treasurer Jim Chalmers will promise a modest reduction in deficits in next week’s budget in an attempt to counter accusations that Labor’s spending record has pushed up interest rates, amid frustration in the cabinet over Reserve Bank governor Michele Bullock’s warning on handouts.
Read full article: https://www.theage.com.au/politics/federal/chalmers-to-lower-deficits-amid-cabinet-frustration-over-bullock-s-warning-20260506-p5zubo.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-07 03:48 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: California governor candidate Matt Mahan floats revolutionary new EV tax
Snippet: San Jose Mayor Matt Mahan raised eyebrows by floating a tax on electric-vehicle owners during Tuesday night’s gubernatorial debate.
Read full article: https://nypost.com/2026/05/06/us-news/california-governor-candidate-matt-mahan-floats-revolutionary-new-ev-tax/
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[2026-05-07 03:43 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Former Comptroller Brad Lander oversaw $6M NYC pension funds increase in 7 Chinese companies linked to forced labor
Snippet: Seven Chinese companies blacklisted by the US for engaging in horrific forced labor practices saw a multi-million dollar boost in investments from New York City’s pension funds during ex-City Comptroller Brad Lander’s tenure, The Post has learned.
Read full article: https://nypost.com/2026/05/06/us-news/ex-nyc-comptroller-brad-lander-increased-pension-funds-in-7-chinese-companies-linked-to-forced-labor/
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[2026-05-07 03:06 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: China corporate earnings down for 3rd straight year
Snippet: Retailers in China, including supermarkets, have taken a hit amid weakening domestic consumer spending. (Photo by Kentaro Shiozaki)
Read full article: https://asia.nikkei.com/economy/china-corporate-earnings-down-for-3rd-straight-year
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[2026-05-07 02:01 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Penalized by the IRS during COVID? You may be owed a refund
Snippet: A sign outside the Internal Revenue Service building is photographed May 4, 2021, in Washington. (AP Photo/Patrick Semansky, File)
Read full article: https://apnews.com/article/irs-treasury-tax-covid19-pandemic-refund-948b9034f49d416b994770627d4d1f1a
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[2026-05-07 01:41 UTC+10:00] [New York] [Factuality: 100]
Source: Guardian Australia
Title: New York real estate titan likens the phrase ‘tax the rich’ to racial slurs
Snippet: Steve Roth was responding to the announcement by New York’s mayor of tax on second homes worth more than $5m
Read full article: https://www.theguardian.com/us-news/2026/may/06/tax-the-rich-racial-slurs-new-york-real-estate
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[2026-05-07 01:39 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Sospechoso hizo comentario vulgar sobre la Casa Blanca tras disparar a agentes, dice fiscal
Snippet: Periodistas reunidos mientras el Servicio Secreto y la policía local vigilan el lugar en donde agentes del orden balearon a una persona cerca del Monumento a Washington, el lunes 4 de mayo de 2026, en Washington. (AP Foto/Rod Lamkey Jr.)
Read full article: https://apnews.com/article/eeuu-trump-tiroteo-washington-national-mall-69431d5e8170057f2c1869569dcd501f
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[2026-05-07 01:39 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Gas price shock deepens a 'K-shaped' divide as low-income drivers cut back but pay more
Snippet: The per-gallon prices for regular unleaded and diesel fuel are displayed on a sign outside a Murphy Express gasoline station, Tuesday, April 28, 2026, in Centennial, Colo. (AP Photo/David Zalubowski)
Read full article: https://apnews.com/article/gas-prices-incomes-spending-e68bb33d407859195cd0e383750a8d06
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[2026-05-07 01:00 UTC+10:00] [Australian economy] [Factuality: 100]
Source: Guardian Australia
Title: In this budget, all eyes are on CGT. But Labor’s rumoured family trust tweaks might also help fight tax inequality | Greg Jericho
Snippet: If Albanese’s newest budget can tame discretionary trust tax dodging, it will be a good step in ensuring the rich are treated the same as the rest of us
Read full article: https://www.theguardian.com/business/grogonomics/2026/may/06/in-this-budget-all-eyes-are-on-cgt-but-labors-rumoured-family-trust-tweaks-might-also-help-fight-tax-inequality
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[2026-05-06 23:51 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong draws over 1 million mainland ‘golden week’ visitors but spending lags
Snippet: Authorities say shopping centres and catering sector reported growth, but industry leaders flag inconsistent spending
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3352654/hong-kong-draws-over-1-million-mainland-golden-week-visitors-spending-lags?utm_source=rss_feed
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[2026-05-06 23:51 UTC+10:00] [mainland China] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong draws over 1 million mainland ‘golden week’ visitors but spending lags
Snippet: Authorities say shopping centres and catering sector reported growth, but industry leaders flag inconsistent spending
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3352654/hong-kong-draws-over-1-million-mainland-golden-week-visitors-spending-lags
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[2026-05-06 23:09 UTC+10:00] [General] [Factuality: 100]
Source: South Korea
Title: Twins outfielder marks return to KBO with 1st homer of season
Snippet: SEOUL, May 6 (Yonhap) -- After spending the past two and a half weeks in the minor league, LG Twins outfielder Lee Jae-won marked his return to the Korea Baseball Organization (KBO) on Wednesday with a long-awaited home run.
Read full article: https://en.yna.co.kr/view/AEN20260506014000315
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[2026-05-06 22:03 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Outstanding govt debt balloons to P18.49T in March
Snippet: MANILA, Philippines — The government’s outstanding debt hit a new record high in March driven primarily by a weaker peso and net issuance of domestic securities.
Read full article: https://www.manilatimes.net/2026/05/06/business/outstanding-govt-debt-balloons-to-p1849t-in-march/2337155
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[2026-05-06 22:00 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China’s May Day travel surges but spending chases ‘value’ in budget-conscious pivot
Snippet: Thousands of domestic train services added on last day of ‘golden week’ to meet record demand, and high energy costs affect consumer spending
Read full article: https://www.scmp.com/economy/china-economy/article/3352618/chinas-may-day-travel-surges-spending-chases-value-budget-conscious-pivot?utm_source=rss_feed
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[2026-05-06 22:00 UTC+10:00] [China State Railway Group] [Factuality: 100]
Source: South China Morning Post
Title: China’s May Day travel surges but spending chases ‘value’ in budget-conscious pivot
Snippet: Thousands of domestic train services added on last day of ‘golden week’ to meet record demand, and high energy costs affect consumer spending
Read full article: https://www.scmp.com/economy/china-economy/article/3352618/chinas-may-day-travel-surges-spending-chases-value-budget-conscious-pivot
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[2026-05-06 21:10 UTC+10:00] [Global development] [Factuality: 100]
Source: Guardian Australia
Title: Cut borrowing costs for poorer countries to free up $900bn for development – report
Snippet: G77 nations spend $8tn a year servicing debts, but analysis shows how comprehensive relief could benefit social spending
Read full article: https://www.theguardian.com/global-development/2026/may/06/cut-borrowing-costs-for-poorer-countries-to-free-up-900bn-for-development-report
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[2026-05-06 19:30 UTC+10:00] [Politics / Victoria] [Factuality: 100]
Source: The Age
Title: A $1 billion surplus is forecast for Victoria. History says don’t hold your breath
Snippet: Victoria’s Treasury has repeatedly produced budget-day bottom lines that proved more optimistic than the final results, casting fresh doubt over the slim $1 billion surplus forecast for the year ahead in this week’s state budget.
Read full article: https://www.theage.com.au/politics/victoria/a-1-billion-surplus-is-forecast-for-victoria-history-says-don-t-hold-your-breath-20260506-p5zu9p.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-06 18:57 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong retail sales jump 12.8% in March on back of higher car sales
Snippet: Retail sales reached HK$33.9 billion as buyers raced to make deals before first registration tax concessions for electric cars ended
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3352608/hong-kong-retail-sales-jump-128-march-back-higher-car-sales?utm_source=rss_feed
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[2026-05-06 18:57 UTC+10:00] [Middle East] [Factuality: 100]
Source: South China Morning Post
Title: Hong Kong retail sales jump 12.8% in March on back of higher car sales
Snippet: Retail sales reached HK$33.9 billion as buyers raced to make deals before first registration tax concessions for electric cars ended
Read full article: https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3352608/hong-kong-retail-sales-jump-128-march-back-higher-car-sales
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[2026-05-06 18:39 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: Exercise physiologists demand an end to 'discriminatory' health tax
Snippet: Tim Dogue says the GST on exercise physiology services is unfair and discriminatory. (612 ABC Brisbane: Kenji Sato)
Read full article: https://www.abc.net.au/news/2026-05-06/exercise-physiologists-demand-axe-the-tax/106649706
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[2026-05-06 18:02 UTC+10:00] [General] [Factuality: 100]
Source: The Jerusalem Post
Title: Israelis' wealth grows 80% in six years
Snippet: Rising stock markets along with growth in pension and provident fund savings have generated unprecedented wealth for the Israeli public in the past few years. According to Bank of Israel figures released last week, at the beginning of 2026 (February) the Israeli public's portfolio of financial assets was worth a record NIS 7.4 trillion.
Read full article: https://www.jpost.com/business-and-innovation/article-895264
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[2026-05-06 15:35 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: NT budget faces criticism over cuts and lack of cost of living relief
Snippet: By Roxanne Fitzgerald
Read full article: https://www.abc.net.au/news/2026-05-06/nt-budget-labor-ntcoss-mental-health-ama-reactions/106647126
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[2026-05-06 14:36 UTC+10:00] [General] [Factuality: 100]
Source: ABC News
Title: Fears for crumbling regional roads despite $1b in Victorian budget
Snippet: By Madeleine Stuchbery
Read full article: https://www.abc.net.au/news/2026-05-06/concerns-about-victorian-road-repairs-despite-budget-funding/106445376
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[2026-05-06 13:45 UTC+10:00] [News] [Factuality: 100]
Source: Michael West Media
Title: ‘A joke’: Fortescue founder takes on diesel tax credit
Snippet: May 6, 2026 13:45 | News
Read full article: https://michaelwest.com.au/a-joke-fortescue-founder-takes-on-diesel-tax-credit/
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