Albanese and Chalmers under pressure to act on negative gearing reform
Prime Minister Anthony Albanese and Treasurer Jim Chalmers are facing renewed pressure to overhaul Australia’s negative gearing rules amid growing concern about housing affordability and younger Australians being locked out of the property market. Unions
Record number of migrants in January
The influx of migrants to Australia hit a record number in January, despite the Albanese government’s plan to slow the wave of new arrivals, leading to what legendary businessman Dick Smith called a “disaster for
RBA keeps cash rate at 4.35%
The cash rate will remain at 4.35% following the Reserve Bank of Australia’s (RBA) March monetary policy meeting. The decision was largely expected, as the latest Australian Bureau of Statistics data showed annual trimmed mean
$216 Billion: The cost of Victoria’s Suburban Rail Loop
The cost of building and operating the Allan Government’s new underground rail loop through Melbourne’s city centre, which will take five decades to build, has soared to $216 billion, according to an independent study. Estimates
Using Super for home deposits would inflate property prices by $75,000, study claims
A recent study suggests that a Coalition proposal allowing first-time homeowners to use their super for a house deposit could lead to a significant surge in prices, potentially raising property values by nearly $75,000 across
Australian PM is the first Western leader referred to ICC as ‘Accessory to Genocide in Gaza’
More than 100 lawyers endorsed the referral, which points to the military, intelligence, and rhetorical support Prime Minister Anthony Albanese has provided to the Israeli government. Australian Prime Minister Anthony Albanese, along with several Western
The Help to Buy scheme will help but it won’t solve the housing crisis
Brendan Coates – via The Conversation The federal government’s Help to Buy scheme is before the parliament. Both the Coalition and the Greens are opposed to it. If the bill is passed, the government will
Turkish blocks research vessel from conducting surveys on behalf of Cyprus
Turkey is reported to have blocked the research vessel Fugro Gauss, sailing under the flag of Gibraltar, from conducting geophysical surveys on behalf of the Republic of Cyprus in a maritime area that Ankara considers part of its continental shelf, according to the newspaper Milliyet and other Turkish media outlets.
Israeli officials endorse Netanyahu’s plan to occupy Gaza City
Israel’s security cabinet has officially approved Prime Minister Benjamin Netanyahu’s plan to occupy Gaza City, a move confirmed by his office and seen as a major escalation in the ongoing conflict that has now lasted 22 months. The decision follows a lengthy security cabinet meeting held in Jerusalem, which began
New Zealand: 200,000 children and adults abused in public and religious care facilities
Around 200,000 children, young people and vulnerable adults in New Zealand have suffered abuse or violence in public and religious care settings over the past 70 years, according to official research published on Wednesday (24/7).
The world’s most powerful passports for 2024 so far
What’s red on the outside, purple on the inside, and grants you access to 195 destinations around the world visa-free? It’s the Singapore passport, and it’s just been named the world’s most powerful travel document
The head of the secret services resigned over Trump’s failed assassination attempt
On Tuesday, July 23, Kimberly Chitle announced her resignation as head of the Secret Service, admitting mistakes in operations on the day of Donald Trump’s assassination attempt by shooting during a speech. “We failed,” Chitle
Democrats rally around Kamala Harris – She secured enough support for the nomination
Kamala Harris has secured the support of a sufficient number of delegates at the Democratic Party convention – at least 1,967 – to be held in Chicago in August, and is now considered a lock
Microsoft outage leaves Russia and China largely untouched
An IT issue caused by a faulty update began wreaking havoc with Windows machines worldwide early Friday morning, knocking companies and banks offline and grounding planes at various airports. An update from cybersecurity provider CrowdStrike
Joe Biden pulls out of US presidential race, endorses Kamala Harris to take on Donald Trump
In a historic and unexpected turn of events, President Joe Biden has announced his withdrawal from the 2024 presidential race, endorsing Vice President Kamala Harris to be the Democratic nominee. The decision, which Biden described
