Treasurer Jim Chalmers smiles, holding Australian banknotes. Infographics detail a $1.6 billion boost, scrapped super tax, and an image of diverse seniors, showing 70% benefit.

Sweeping Superannuation Changes Boost Low-Income Retirees

October 13, 2025 – Sydney, Australia Government Backflip Eases Pressure on Working Australians More than a million of Australia’s lowest-paid workers are set to benefit after Treasurer Jim Chalmers announced a dramatic U-turn on the government’s controversial plan to tax unrealised superannuation gains on balances exceeding $3 million. The Albanese government confirmed the reversal during…

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Image of University of Sydney researchers holding a small, high-efficiency perovskite solar cell with three layered semiconductors, showcasing a breakthrough in solar technology.

Australian Breakthrough Shatters Solar Efficiency Records

SYDNEY, AUSTRALIA – Scientists at the University of Sydney have smashed global records with a groundbreaking triple-junction perovskite solar cell, achieving an impressive 27.06% power conversion efficiency on a 1 cm² device. The innovation, detailed in a recent Nature Nanotechnology paper, marks a significant leap forward for renewable energy in Australia and beyond. This cutting-edge…

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