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What can Australia learn from Norway's approach to taxing resources?
Norway struck oil in the 1960s. Now, almost a quarter of its national budget is funded through its sovereign wealth fund. How does Australia compare with taxing its resources? Source link
Polls open in US elections, Mamdani favourite to become New York mayor
Zohran Mamdani, who looks set to become the Big Apple’s first Muslim mayor, has declared that it is “time for a new day in our politics” as voters head to the polls in America’s largest city. Source link
Five sentenced to death in China for role in Myanmar scam centres
A Shenzhen court has sentenced five people to death for their involvement in a violent criminal gang with fraud operations in Myanmar, Chinese state media says. Source link
Arise, Sir David! Beckham knighted by King in 'big moment' for ex-footballer
The world-famous footballer, who was knighted by the King during a ceremony at Windsor Castle, is widely reported to have wanted the honour for many years. Source link
Elon Musk's $1.5 trillion Tesla pay deal set to be rejected by Norway wealth fund
The world’s largest sovereign wealth fund holds the seventh biggest stake in the electric car maker, and is so far the biggest shareholder to say how it plans to vote. Source link
ASIC's deep dive into the hazy world of private lending
The corporate regulator is threatening Australia’s nascent private lending industry with tighter regulation if it does not see a significant lift in standards. Source link
Commbank, Temu and electricity retailers named 'shonky' in annual awards
Five companies have been handed the infamous annual award by consumer group Choice, in a bid to name and shame “dodgy products, services and companies”. Source link
Breaking: Former US vice president Dick Cheney has died
Dick Cheney, who was considered by presidential historians as one of the most powerful vice presidents in US history, has died at age 84, his family has said in a statement. Source link
Buckingham Palace to showcase Queen Elizabeth II's fashions in major exhibit
The showcase will feature around 200 garments, including her wedding and coronation dresses, alongside never-before-seen items. Source link
Queensland Health workers take industrial action in bid for better conditions
About 2,000 radiographers, pharmacists and radiation therapists will take industrial action from Friday. Source link