Elon Musk’s X wins court reprieve in fight against Australia government

Elon Musk’s X wins court reprieve in fight against Australia government

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  David Swanson | Reuters Elon Musk’s social media platform X won a reprieve Monday after an Australian court refused to extend … Read more

Australia’s budget is expected to target housing affordability crisis

Australia’s budget is expected to target housing affordability crisis

An aerial photograph of houses and apartments on coastline in North Bondi, Sydney, Australia. Recent reports indicate that Australian home prices are set to continue their upward trend, driven by increasing migration rates and a shortage of housing supply. Andrew Merry | Moment | Getty Images Australia plans to address its climbing home prices in … Read more

Jack got a cold call on his way home from work. Within minutes, he’d lost $23,000

Jack got a cold call on his way home from work. Within minutes, he’d lost ,000

Working Australians are the targets of cold-callers who pressure them into switching superannuation products, risking their retirement savings being drained of potential returns and significant fees. Jack Smith* was on his way home from work one day when he was contacted by a cold-caller who offered him a free superannuation review. Smith, who had $410,000 … Read more

McDonald’s makes changes to increase mobile sales

McDonald’s makes changes to increase mobile sales

A Big Mac is displayed on a page of the McDonald’s app Daniel Acker | Bloomberg | Getty Images McDonald’s U.S. franchisees will start paying into a digital marketing fund next year as the fast-food giant looks to expand its booming digital business, according to a memo viewed by CNBC on Thursday. The change is … Read more

India offered sugarcane sop vastly in excess of WTO limits: US and Australia

India offered sugarcane sop vastly in excess of WTO limits: US and Australia

New Delhi: US and Australia alleged India of giving subsidies to sugarcane farmers far exceeding limits set in global trade norms.The two countries told the WTO that they estimated that over the period 2018-19 to 2021-22, New Delhi provided sugarcane subsidy between 91-100%, which was “vastly in excess of the limits set out” at 10% … Read more

ACCC announces new furniture standard after 17 young children die under common household items

ACCC announces new furniture standard after 17 young children die under common household items

Nearly 1000 Australians are badly injured each year as a result of unsteady wardrobes, shelves, drawers and TV units — and in the last 24 years, 28 people have died. Now, furniture suppliers are required by new consumer laws to ensure a number of steps are taken to mitigate further deaths as a result of … Read more

War crimes whistleblower begs for leniency as jail sought

War crimes whistleblower begs for leniency as jail sought

A former military lawyer who helped expose allegations of war crimes by leaking classified documents is asking a judge for leniency but prosecutors want him to spend at least two years behind bars. David McBride pleaded guilty to three offences including stealing commonwealth information and passing it onto journalists. Justice David Mossop heard arguments in … Read more

Shoppers rave over hydrating mask hailed a ‘hero’ for sunburnt scalps

Shoppers rave over hydrating mask hailed a ‘hero’ for sunburnt scalps

A beauty enthusiast heaping praises on a ‘hero’ scalp mask that rescued her sunburnt scalp. While it’s important to protect our skin against sun damage, it’s also crucial to do the same for our scalp. One popular haircare product works as both a pre-wash treatment and mask, plus it can also be used to help … Read more

import duty on chana: Australian farmers likely to grow more chana for Indian consumers

import duty on chana: Australian farmers likely to grow more chana for Indian consumers

Pune: India’s decision to remove the 40% import duty on desi chana has led to a 7-10% jump in the international prices of the commodity within a day of the announcement on Friday. Made at a time when sowing is ongoing in Australia, this decision is expected to encourage farmers there to boost the acreage … Read more

A Company Is Building a Giant Compressed-Air Battery in the Australian Outback

A Company Is Building a Giant Compressed-Air Battery in the Australian Outback

VanWalleghem said there is room to push costs down as the company gains experience from these first few plants. The storage systems have a projected lifespan of about 50 years, which is an important data point when comparing it to battery systems, which have much shorter lives, he said. Yiyi Zhou, an analyst for BloombergNEF, … Read more