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'Extremely dangerous' act criticised as fuel prices surge

Experts have issued a warning as some Australians stockpile jerry cans following surging fuel prices across the country.A Toyota was pictured with about 20 jerry cans attached to the roof in Shellharbour, south of Sydney, last week."Well, petrol is the new toilet paper," a witness wrote on social media, referring…

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Yamaha pulling out of California after half a century: HQ headed to Georgia

After nearly 50 years in Orange County, Yamaha Motor Corp. USA is packing up its headquarters — trading Cypress, California for Kennesaw, Georgia in a sweeping corporate shift that will impact about 250 workers.The motorcycle and motorsports giant says the move is part of major “structural reforms” meant to boost pr…

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$1.6 billion-a-year tax change confirmed for millions of super accounts

The federal government's proposed changes to the way superannuation is taxed will soon become law, after the Greens agreed to back the reform.Under the plan, roughly 1.3 million of the nation's lowest-paid workers will get access to the low-income superannuation tax offset (LISTO), while about 90,000 ultra-wealthy A…

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Victoria's daily fuel price caps now in effect to quash price gouging

Victoria has introduced daily fuel price caps to prevent price-gouging at the pump, as residents are urged not to panic buy petrol.Under the new law that comes into effect today, retailers must set their daily price of fuel at 2pm on the previous day.That price is then capped and will apply for the 24 hours from 6…

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