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RBA governor warns some households may have to sell their homes, ASX closes higher — as it happened
via abc.net.auMichele Bullock gave a speech outlining the costs of high inflation, warning that some hard-hit households may have to "sell their homes" amid the cost-of-living crisis. This is how the day's finance news unfolded. -
Young people are partying underground in a new boiler room music scene
via abc.net.auAs goliaths of the Australian music festival scene fall, you could be forgiven for thinking young people have lost their appetite for live music. In truth, a new dance scene has emerged. -
As the music festival scene cools down, Australia's boiler room parties are getting hotter than ever
via abc.net.auAs goliaths of the Australian music festival scene fall you could be forgiven for believing young people have lost their appetite for live music. In truth a new dance scene has emerged. -
Merivale played CCTV video of people having sex to hundreds of staff at company party
via abc.net.auExplicit and uncensored CCTV vision of people having sex in a lift and urinating in public was turned into a video and played to hundreds of staff at a Merivale awards night. -
CCTV vision of people having sex at Merivale venue played at hospitality group's staff party
via abc.net.auExplicit and uncensored CCTV vision of people having sex in a lift and urinating in public was turned into a video and played to hundreds of staff at a Merivale awards night. -
CCTV video of people having sex at Merivale venue played at hospitality group's staff party
via abc.net.auExplicit and uncensored CCTV vision of people having sex in a lift and urinating in public was turned into a video and played to hundreds of staff at a Merivale awards night. -
A third of businesses using AI without telling customers or employees
via abc.net.auThe federal government lays out its plans to set "mandatory guardrails" for the highest-risk AI tools, as a survey of businesses reveals a third of those using AI are not disclosing it to customers or staff. -
Australia has the highest gambling losses in the world. Could limits on pokies betting help address the issue?
via abc.net.auAustralia has the highest gambling losses in the world, according to a new Grattan Institute report that calls on federal and state governments to stand up to "vested Interests" and implement a complete ban on gambling ads and limits on how much people can bet when at the pokies and via online betting platforms. -
As the gambling ad ban debate heats up, there are calls for maximum loss limits for pokies and online betting
via abc.net.auAustralia has the highest gambling losses in the world, according to a new Grattan Institute report that calls on federal and state governments to stand up to "vested Interests" and implement a complete ban on gambling ads and limits on how much people can bet when at the pokies and via online betting platforms. -
Mining company facing industrial manslaughter charge over worker's death at Crinum coal operation
via abc.net.auQueensland's tougher industrial manslaughter laws are used against a mining company for the first time, over the death of worker Graham Dawson during a roof collapse in 2021. -
Labor's tax break for housing investors hits Senate snag
via abc.net.auThe federal government proposal is stranded in the Senate after the Coalition and the Greens both declared it would "do nothing" about housing affordability. -
ABC chair quotes JD Vance as he warns of diminishing trust in media
via abc.net.auKim Williams uses his speech to insist all journalists need to earn the trust of their audiences, or risk being consigned to history. -
Firewood suppliers point finger at online 'black market' amid record supply glut
via abc.net.auA warmer than average winter and cost-of-living challenges are hitting consumers, but the WA's biggest firewood businesses say illegal sales and harvesting are a massive problem. -
Australian household spending driven by bills to cover the necessities
via abc.net.auNew data shows households have been spending more in most categories, with the biggest increases coming in health care, food and services such as maintenance. -
Credit card surcharges are added to most purchases, but what are the rules behind these extra fees?
via abc.net.auWith the pandemic accelerating the use of cards instead of cash — only 13 per cent of Australians use cash, dropping from 27 per cent in the past five years — these extra charges have become mainstream. -
'A very bad deal': Blacktown CBD sale broke the law, councillors say
via abc.net.auA $42 million sale to pave the way for the redevelopment of Blacktown's CBD was never put out to tender, which Liberal councillors now claim was against the law. -
Australia's economy growing at slowest pace since 1990s recession, as households cut back on spending
via abc.net.auAs Australia's economy grows at slowest pace since 1990s recession, consumers place more 'focus on affordability.’ -
Australia's economy growing at slowest pace since 1990s recession
via abc.net.auAustralia's economy is growing at its slowest pace since the 1990s recession, recording annual growth of 1 per cent. -
Coalition challenges Plibersek to explain decision stalling development of $1 billion gold mine
via abc.net.auThe opposition asks Environment Minister Tanya Plibersek to reveal her reasons for granting an Aboriginal protection order over a site earmarked for a tailings dam at the McPhillamys Gold Mine development near Blayney in NSW. -
Head of Australia's housing supply council says rental, housing crises 'profoundly harmful' — as it happened
via abc.net.auSusan Lloyd-Hurwitz, chair of the National Housing Supply and Affordability Council, lists the key areas needing immediate attention and says more scrutiny on landlords "could be useful". -
There's just one wheelchair taxi in far northern WA. Residents say that needs to change
via abc.net.auThe Kimberley region has one wheelchair accessible taxi, which advocates say is isolating residents and tourists in towns such as Broome and Kununurra. -
This 'shrinking' WA town was hoping for a clean energy lifeline. Then talks fell through
via abc.net.auCarnarvon residents' hopes of a $25 billion green hydrogen development to transform the WA town have been all but dashed. -
Another green energy project has hit the wall in WA — so where to from here?
via abc.net.auCarnarvon residents' hopes of a $25 billion green hydrogen development to offer a clean energy lifeline and transform the "shrinking" West Australian town have been all but dashed. -
Another Australian green energy project has hit the wall — so where to from here?
via abc.net.auCarnarvon residents' hopes of a $25 billion green hydrogen development to offer a clean energy lifeline and transform the "shrinking" West Australian town have been all but dashed. -
Australia records weakest annual growth in years, ASX falls — as it happened
via abc.net.auAustralia's share market is lower after ABS data showed the economy grew by 0.2 per cent in the June quarter, and 1 per cent over the last year. Look back on the day's financial news and insights from our specialist business reporters.
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