South Korea plans to rehome nearly half a million dogs bred for food and provide subsidies to dog farmers to help them transition before a ban on the practice is enforced in early 2027. The country’s parliament passed a bill to prohibit the eating and selling of dog meat, reflecting a shift towards animal welfare and a decline in demand for the controversial food. The government will allocate around 100 billion won towards this effort, marking the end of a centuries-old tradition in South Korea.
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Nick Bruining: Savings bonds are back to dodge $3m super tax whack, but they’re not just for the wealthy …
With the upcoming debate on a new 15% tax on superannuation balances over $3 million, older-style savings bonds are gaining attention as a simpler, flexible investment option offering tax-free savings. Unlike the proposed super tax, which applies to unrealized gains, these bonds incur a 30% tax only on actual earnings and capital gains, providing potential tax efficiency and early access benefits. Want More Context? 🔎
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