Good morning, folks. In the news today: a former High Court judge is accused of serial sexual harassment, Trump brings down the hammer on immigration visas, and a bunch of Apple updates.
The ATO will commence investigations into Australians who withdrew up to $10,000 of their superannuation despite being ineligible for the scheme. Those caught will have the withdrawal amount added to their taxable income, netting the ATO up to 30% of the dollar figure, and penalties up to $12,000.
Australians are heading for an atypical tax time after COVID-19 saw millions of people work from home. This year, there is expected to be a surge in deductions as workers claim everything from COVID-19 protective clothing to home office gear.
Australian banks have begun reviewing their customers who have deferred their home loan repayments. The hardship arrangements were created in response to the COVID-19 pandemic, and allowed customers facing hardship to avoid paying back their debts for up to six months.
Apple made a slew of announcements at its annual developer conference on Monday, which it held virtually for the first time because of the coronavirus pandemic.
In August 2019, Tyler "Ninja" Blevins announced a precedent-setting deal to leave Amazon's Twitch streaming platform and exclusively stream on Microsoft's Mixer.
President Donald Trump signed a proclamation Monday halting a variety of immigration visas. It temporarily suspends H-1B, H-2B, H-4, J-1, and L-1 visas, affecting the tech industry, students, and au pairs, among others.
A rare "ring of fire" solar eclipse was visible in certain parts of the world on Sunday. This year's solar eclipse took take place in many locations on the same day as the June solstice, which is the longest day of the year in the Northern Hemisphere. This phenomenon will only occur twice in this century.
With COVID-19 restrictions easing, Australians are beginning to return to their jobs, and while unemployment and the economy might be faring better than first expected, it's likely we're still in for a rough ride ahead. Of course, this all hinges on whether or not we get a second wave of the virus.
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