Addressing cost-of-living pressures was at the forefront leading into the federal budget. Treasurer Jim Chalmers handed down his third budget on Tuesday night, describing it as a budget that helped struggling Australians while investing in the country’s future. Cost-of-living relief and inflation were the hot topics, as the government promised measures to ease pressures while … Read more
When university graduate Nariman Dein started studying, she felt privileged to access Australia’s student loan system. Bright-eyed and eager to jump into university after finishing high school, Dein said the messaging around Australia’s university fee program, HECS-HELP, was it was “basically like free university”. “I was told you don’t have to worry about it because … Read more
Renters under pressure will be given a helping hand, as Australia’s housing woes played a key focus in the federal budget. The government has committed $1.9 billion to increase the maximum rates of Commonwealth Rent Assistance by 10 per cent. Under the supplement, welfare recipients who rent receive up to $250 a fortnight. The increase … Read more
Workers will see their pay packets grow in real terms for at least the next five years, flying in the face of ingrained inflation fears, the federal government predicts. Continuing strength in the Australian labour market is expected to result in a four per cent rise in wages growth in the 2023/24 financial year, outstripping … Read more
Australian households will benefit from a new power bill relief payment unveiled in the federal budget, as the government focuses on helping those struggling under cost-of-living pressure. In the lead-up to the federal budget, Treasurer Jim Chalmers hammered home his commitment to providing “responsible relief” that eased pressure on Australian households while decreasing inflation. This … Read more
Photo: Sean Gallup (Getty Images) Parking lots full of Tesla vehicles are becoming impossible to ignore as the electric automaker seemingly can’t sell enough cars and trucks to match its rate of production. According to its own figures, the electric automaker produced 46,561 more vehicles than it delivered to customers during the first quarter of … Read more
When the Ordinals system was first released, it divided bitcoiners. Inscriptions were a near-instant hit, but some felt they were a bastardization of bitcoin’s true purpose—as a system for peer-to-peer payments—or had a “reflexive allergic reaction,” says Rodarmor, to anything that so much as resembled an NFT. The enthusiasm for inscriptions resulted in network congestion … Read more
Good morning! It’s Thursday, May 9, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Tesla Had A Very Interesting Week 1st Gear: Tesla Deletes Over 3,400 Job Listings Tesla just cut over … Read more
Europe-only Ford Explorer EV Image: Ford It wasn’t all that long ago, February of 2021 in fact, that Ford Europe announced it was “all-in on EVs.” It planned to invest $2 billion to transform the Cologne, Germany plant into an electric car production giant. The plan had stepping stones toward a fully electric 2030, including … Read more
Donald Trump told some of America’s top oil executives that he is willing to immediately reverse dozens of President Biden’s environmental policies and stop new ones from being enacted on his first day of presidency, if the oil companies agree to raise $1 billion to return Trump to the White House. The Washington Post spoke to … Read more
