The $2.9 trillion corner of Australia's economy at the centre of a tax war

SBS News - Oct 14, 2026

Government trust reforms aimed at wealthy income-splitting could raise $4 billion, but small business warns it'll cost them.

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Ukraine says Starlink connectivity restored after Zelensky warned 'people will die' from satellite slowdown
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Ukraine's defense minister said on Wednesday afternoon that SpaceX was working to restore satellite speeds in the country after Ukrainian President Volodymyr Zelensky warned of dire consequences following reported slowdowns in Starlink services. Mykhailo Fedorov announced SpaceX was reinstating speeds of up to 160 kilometers per hour in a social media post, thanking company founder...

Japan to fund $21B deal to expand chip production in New York
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Japan is helping fund a $21 billion deal to build two new chip plants in upstate New York, President Trump announced Wednesday. The country will provide $10 billion to speed up construction of a semiconductor fabrication plant from GlobalFoundries that the company aims to bring online by 2029, while another $10 billion will go toward...

Japan to fund $21B deal to expand chip production in New York
Oct 14, 2026
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Japan is helping fund a $21 billion deal to build two new chip plants in upstate New York, President Trump announced Wednesday. The country will provide $10 billion to speed up construction of a semiconductor fabrication plant from GlobalFoundries that the company aims to bring online by 2029, while another $10 billion will go toward...


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