Dire housing affordability widening the wealth divide
Housing affordability has sunk to record lows, exacerbating the divide between Australia’s haves and have nots. Since March 2020, home values have climbed by 47.3 per cent, lifting the median…
Japan wages push bolsters case for rate hike
Early signs on Japan’s annual wage negotiations for next year point to another round of solid pay hikes despite profit pressure from US tariffs, bolstering the case for the Bank…
From ‘net zero’ to ‘net gain’. The platypus-to-possum exchange rate
Following the Libs ‘Net Zero’ battle, ‘Net Gain’ will be the focus this week as Murray Watt struggles to get changes to environmental laws passed. Rex Patrick reports. One of…
Former UK PM David Cameron’s reveals cancer diagnosis
Former British prime minister David Cameron has revealed he had prostate cancer. His diagnosis has motivated him to speak out in favour of a targeted screening program for the UK’s…
‘No illusions’ Labor’s environmental reforms will pass
Labor insists its environmental reforms, aimed at speeding up project approvals while balancing nature protections, will get over the line with the minister flagging further concessions to strike a deal.…
Financial complaints. Mulino’s compo ploy to tap the goodies, even super, to cover the baddies
There is a storm brewing to blow up the Federal Government’s Compensation Scheme of Last Resort. Michael Pascoe reports an unknown factor in forecasting the outcome is whether the responsible…
Ley under pressure as Labor pushes environment reforms
Opposition Leader Sussan Ley faces a febrile party room during the final week of parliament for the year while the government races to pass major environment reforms. Liberal insiders insist…
Wicked: For Good opening weekend beats first film
Universal Pictures’ two-part Wicked gamble continues to defy gravity at the box office. Just a year after part one brought droves of audiences to movie theatres around the country, even…
Red tape setting back businesses billions and counting
Red tape in Australia has gotten so thick, compliance has become a major industry in its own right. In 2024, businesses employed 52,000 dedicated workers just to comply with regulation,…
Vendor hack might have exposed major banks’ client data
Client data for JPMorgan Chase, Citi, Morgan Stanley and other major banks might have been accessed in a hack of a technology vendor, the New York Times reports. SitusAMC said…