TL;DR: Negative gearing describes a situation when expenses associated with an asset are greater than the income earned from that asset.Why would someone do negative gearing if they are making a loss? Two words: tax deduction But how does the tax deduction work?
You might have seen Twitter’s CEO’s name, Jack Dorsey, floating around this week in Australian news. His other company, U.S. payments giant, Square, an…
Australia is a constitutional monarchy, meaning that Australia’s Head of State is Queen Elizabeth II. What the constitution says: Section 61 of the con…
The phrase ‘Infrastructure Week’ has become a punchline in U.S. politics, and has been keeping the political media and followers engaged for years. Her…
The Munich Massacre occurred on 5 September 1972, when 11 members of the Israeli Olympic team were taken hostage inside the Olympic Village by terroris…
Superannuation (or more commonly known as ‘super’ in Australia) is money that is set aside and managed by a super fund. The super fund invests the mone…
Naomi Osaka was this year’s torchbearer at the Olympic Games and made a shock exit yesterday in round three of the Games. Here’s what you need to know …
Quick definition: ROC = Russian Olympic Committee Let’s start off with some important background Russia was handed a four-year ban from a wide range of…
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