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Australia

Chris Bowen, Australian Minister, explains why nuclear power is not part of the country’s energy mix

by Milton Acorn
Chris Bowen, Australian Minister, explains why nuclear power is not part of the country’s energy mix

Nuclear energy has never been part of Australia’s energy mix as it has abundant renewables, according to Australia’s minister for climate change and energy. “I’m not here to tell other …

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Categories Science

Gulf Livestock 1 Sinking: Expert Rob McCallum Provides New Hope for Devastated Australian Families

by Adrian Jhonsan
Gulf Livestock 1 Sinking: Expert Rob McCallum Provides New Hope for Devastated Australian Families

One of the world’s leading ocean exploration specialists has expressed willingness to assist in the retrieval of a data recorder buried with the Gulf Livestock 1, a cattle ship that …

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Categories World

Metric reveals devastating impact of cost of living crisis in wake of pandemic

by Craig Fedirighi
Metric reveals devastating impact of cost of living crisis in wake of pandemic

Spiralling living costs and the interest rate hikes needed to rein in rising prices are taking a toll and have triggered the highest rates of financial hardship since the start …

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Categories Business

First Time in Australia: Japan Successfully Launches Type-12 Ant-Ship Missile

by Adrian Jhonsan
First Time in Australia: Japan Successfully Launches Type-12 Ant-Ship Missile

In a sign of growing defense cooperation with allies and partners, the Ground Self-Defense Force (GSDF) on Saturday test-fired its Type-12 anti-ship missile for the first time in Australia as …

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Categories World

Latitude Group: Massive Security Breach Results in Theft of 14 Million Customer Records

by Craig Fedirighi
Latitude Group: Massive Security Breach Results in Theft of 14 Million Customer Records

A major security breach has led to the theft of the data of 14 million Australians and New Zealanders. Consumer finance company Latitude Group’s systems confirmed on Monday that the …

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Categories Business

RBA’s Cash Rate Pause Coincides with Major Australian Bank’s Fixed Loan Rate Announcement

by Craig Fedirighi
RBA’s Cash Rate Pause Coincides with Major Australian Bank’s Fixed Loan Rate Announcement

Macquarie Bank has announced that it will reduce most of its fixed home loan interest rates by up to 0.3 per cent per annum. The announcement follows the Reserve Bank …

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Categories Business

Creditors left owed over $5 million as REDcycle recycling scheme fails, leaving 44 sites across Australia full of stored soft plastics

by Craig Fedirighi
Creditors left owed over  million as REDcycle recycling scheme fails, leaving 44 sites across Australia full of stored soft plastics

New stockpiles of soft plastics from the failed REDcycle recycling scheme have been uncovered as the search for an alternative continues. The program was wound up in November 2022 after …

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Categories Business

The Lasting Solution for the Crisis: Increasing Rent Assistance for 1.5 Million Australians and Investing in More Public Housing

by Craig Fedirighi
The Lasting Solution for the Crisis: Increasing Rent Assistance for 1.5 Million Australians and Investing in More Public Housing

This article was originally published in The Conversation. Australia is currently experiencing a housing crisis, and low-income households are being hit the hardest by rising rents and decreasing vacancy rates. …

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Categories Business

Australia’s ‘weakest’ economic growth sparks prediction of a ‘Consumer’ recession in 2023

by Craig Fedirighi
Australia’s ‘weakest’ economic growth sparks prediction of a ‘Consumer’ recession in 2023

Australians are being warned the country’s economy is on a “knife-edge“ after the Reserve Bank of Australia’s string of interest rate hikes, with a “consumer recession” predicted for 2023. The …

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Categories Business

Expert Forecasts ATO’s Target Areas for Crackdown in Concluding Financial Year

by Craig Fedirighi
Expert Forecasts ATO’s Target Areas for Crackdown in Concluding Financial Year

This tax season, the Australian Taxation Office (ATO) is expected to intensify its focus on two key areas: work-related expenses and claims made by investment property owners. The ATO estimates …

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Categories Business
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