Higher tobacco taxes and the reintroduction of childcare fees saw consumer prices rise by 0.9 per cent in the December quarter. Tobacco prices jumped 10.9 per cent and childcare prices 37.7 per cent after the federal government ended its free childcare policy and increased the tobacco excise tax. Domestic travellers were also stung by a 6.3 per cent rise in holiday travel prices as state and territory borders briefly reopened, while consumers copped a 2.5 […]
Aussie inflation rates petrol prices plummet & Tobacco soar!
Ampol announced the successful completion of its $300m off-market share buy-back. It has requested a Class Ruling from the Australian Taxation Office (ATO) in relation to the tax implications of the Buy-Back. This ruling is expected to confirm that $24.33 of the Buy-Back Price will be treated as a fully franked dividend and that for Australian capital gains tax purposes, the deemed capital proceeds will be $5.31, being the $2.01 Capital Component plus $3.30 (representing […]
Police have charged two 18-year-old women following an alleged armed robbery at a service station in Bundall last night. Around 8.35pm the pair entered the Ashmore Road store and attempted to buy a number of items. They left the store before one returned a short time later while the other woman waited outside. It will be alleged the woman approached the counter and produced a knife before stealing a small quantity of goods and leaving. […]
Maitland and Muswellbrook had the cheapest average unleaded petrol prices in regional NSW on Wednesday, but there was a 22c/l spread in the cost of fuel in Newcastle, according to NRMA. The average price was 109.7c/l at Maitland – down 0.1c/l from the same time the previous week – and 110c/l at Muswellbrook. Singleton had a 2.5c/l week-on-week drop to 120c/l and Newcastle’s average was 124.6c/l. NRMA spokesperson Rebecca Page told the Newcastle Herald that prices had […]
The hunt is on for a man suspected of bashing another man at a service station in Sydney’s west. The alleged attack took place outside a Westside petrol station on Vaughan Street in Lidcombe about 10.30pm yesterday. The suspected attacker bought a soft drink, noodles, and a winning scratchie ticket. “The guy came to the service station to get the stuff — and he just brought the stuff and he was walking out and he […]