East Asia & the Pacific Australia: Liberal Party formally abandons net zero by 2050 climate target ABC (Australia) The Liberal Party has agreed to formally abandon its commitment to net zero emissions by 2050, a day after the majority of members came out in support of scrapping the climate target. A meeting of Liberal shadow ministers on Thursday also decided to repeal Labor’s 2030 emissions reduction legislation but determined to remain in the Paris Agreement…
East Asia & the Pacific Australia: Treasurer announces rework of stalled superannuation tax increase plan ABC News (Australia) Treasurer Jim Chalmers has confirmed several concessions to the government’s “contentious” superannuation tax proposal have been made. The proposed new threshold at which tax on earnings would be doubled will now be indexed to inflation, and the measure will not apply to unrealized capital gains. Cambodia: Cambodia, South Korea Strengthen Cooperation in Tackling Online Scams Khmer Times…
