One state feels ‘punished’ by its share of a $95bn pool of money, while another state collects a healthy slice and declares its seventh budget surplus in a row. One Australian state is losing population faster than anywhere else in the country, and there’s two places in particular that people are moving to. NSW Treasurer Daniel Mookhey says the state’s budget will be about the « future of essential services » and the economy, but one key question about housing will go unanswered. Chaotic and crowded scenes have erupted as shoppers scramble to Aldi stores to get their hands on items from a highly popular but limited Special Buys range. A breakthrough drug expected to give back years to hundreds of thousands of Australians suffering through a debilitating disease has been approved. A major family business has been forced to close after 30 years, with staff learning they no longer had jobs during an all-staff meeting.
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Australian Economy
Telstra has long-touted its regional and outback-friendly mobile coverage. But a recent spat shows Australia may need some help from Elon Musk and co. People are using custom versions of major AI chatbots — or even training their own — to spread lies about vaccines and the Australian legal system. Conservatives weren’t happy with the makeup of a new NSW Liberal takeover committee — and couldn’t manage to get support for their preferred candidate, Tony Abbott. A new study shows that people who can do it without support are likely to reach an older age. As the saying goes, the public is the only critic whose judgment is worth anything at all.
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People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. A new report has laid bare shocking statistics about the gender pay gap in Australia’s public sector – and why it needs to change. The first sign something was wrong was when customers realised their appointments had been cancelled. Some of Australia’s richest people including Gina Rinehart and Jack Cowin have warned the proposed tax on super balances above $3 million will stymie investment. The definitive list of the richest men and women in Australia. The top 200 richest people in Australia ranked according to their net worth.
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Directors Charles Gibbon and Michael Gregg are leaving the board of the global logistics software business after a raft of scandals and allegations involving its founder Richard White. The major real estate developer, once known as Universal Property, has borrowed from the country’s biggest private credit firms, and owes one $600 million. Scott Farquhar’s former Point Piper estate Elaine has been purchased by a consortium of developers who are offering the landmark site as four luxury homes.
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