News

Scott Morrison says the cap on international arrivals will stay halved until February, despite the backlog of Australians stranded overseas

The cap on international travelers allowed into Australia is unlikely to be lifted before mid-February, Prime Minister Scott Morrison said today. Australia slashed the number of international arrivals it will accept earlier this month, owing to concerns about a new and highly virulent coronavirus strain. Tens of thousands of Australians […]
Scott Morrison says the cap on international arrivals will stay halved until February, despite the backlog of Australians stranded overseas
Markets

UBS: Apple could free up $24 billion by bringing back its overseas cash

Apple could free up $US24 billion of overseas cash due to President Donald Trump’s tax overhaul, a UBS analyst found. The corporate tax plan incentivizes companies like Apple that do big business overseas to bring more profits back home. The money that Apple saves from tax reform could be converted […]
UBS: Apple could free up $24 billion by bringing back its overseas cash