CANBERRA — Australians lost billions of dollars to a record number of reported scams in 2023, government data has revealed. The Australian Competition and Consumer Commission (ACCC) on Monday published its annual Targeting Scams report, revealing Australians reported over 601,000 scams in 2023, a new record and 18.5 percent increase from 2022. Despite an increase […]
Next week’s federal budget will once again collect more in tax than expected, raking in an extra $25 billion over the five-year budget forecasting period. The windfall is smaller than in the past six updates, prompting Treasurer Jim Chalmers to warn his third budget would be characterised by “intensifying, not easing” financial pressure to show […]
China’s Spring Festival has huge demographic and political significance. It’s the last surviving relic of a past world, where extended families gathered at their home villages to share respectful greetings to the old, wishes for prosperity (“Gong xi fa cai” in Mandarin) among the younger generation, and joy at the births of new heirs and […]
Australians have exposed a major issue with a lot of the merchandise sold for our national holiday – the fact that it has mostly been made in China. Debate has surrounded buying Australia Day-themed items and outfits for January 26 after major retailers like Woolworths, Kmart and Aldi all announced they wouldn’t be stocking any merch. Those who […]
In Sydney, the only places to be right now are in the shade or in the water. Bondi beach in the city’s eastern suburbs is providing respite from the extreme heat with thousands taking to the ocean as temperatures in parts of greater Sydney reach 43C. The famous beach was busy by 8am and has […]
Australia landed a gut punch in its against-the-odds World Cup final triumph over India. Then came swift uppercuts from David Warner and Adam Zampa. “Well did you see that happening? We did,” Warner posted to X with a picture of the team celebrating under confetti. Australian great Brett Lee believes the preparation of a slow pitch for the World […]
SYDNEY, Nov 20 (Reuters) – Australia’s Prime Minister Anthony Albanese said a Chinese warship acted in a dangerous manner during an incident with an Australian navy vessel that injured a military diver, his first comments on the matter which he said had damaged ties. HMAS Toowoomba – a long-range frigate – was conducting a diving […]
A complex series of troughs and low-pressure systems will deliver rain and possibly severe thunderstorms to every state and territory this week. One of the first states to see wet weather will be Victoria on Tuesday, right as the Melbourne Cup starts. The system, spreading from Central Queensland, through western New South Wales and into northern and central Victoria, will […]
The Albanese government will axe restrictions on commercial US rocket launches in Australia, opening the door for the likes of Elon Musk to set up operations in the outback and help the two countries take on an ascendent China in the space race. As part of his official visit to Washington, Prime Minister Anthony Albanese will […]
Reserve Bank governor Michele Bullock has maintained the central bank has a “low tolerance” for price pressures to stay higher for longer. Hotter-than-expected quarterly inflation data, released on Wednesday by the Australian Bureau of Statistics, showed inflation in September accelerated to 1.2 per cent, up from 0.9 per cent in June. Many economists expect the […]