Domain: smh.com.au

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smh.com.au

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Jan 30, 13:08

Dutton's Plan to Cut 36,000 Public Servants Faces Challenges

Peter Dutton, leader of Australia's Coalition, aims to cut 36,000 public servants, saving $6 billion annually, a key election promise facing challenges due to the inclusion of defense personnel and potential impact on essential services.

Dutton's Plan to Cut 36,000 Public Servants Faces Challenges

Peter Dutton, leader of Australia's Coalition, aims to cut 36,000 public servants, saving $6 billion annually, a key election promise facing challenges due to the inclusion of defense personnel and potential impact on essential services.

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What are the immediate consequences and implications of Peter Dutton's plan to remove 36,000 public servants, and how might this affect essential government services?

Peter Dutton, the Australian opposition leader, plans to remove 36,000 public servants to save $6 billion annually. This is a key election issue, but achieving this goal without harming essential services like healthcare and tax collection is highly challenging. The claim is based on a forecast, not current figures, and includes defence and security personnel.

smh.com.au

🌐 85% Global Worthiness

Jan 29, 04:10

Broligarchy": Tech CEOs' Influence at the 2024 Inauguration

The article analyzes the term "broligarchy", tracing its emergence from a 2009 Twitter term to its current use describing the significant influence of tech CEOs, particularly during the 2024 presidential inauguration, highlighting their close ties to the new administration and concerns about power i...

Broligarchy": Tech CEOs' Influence at the 2024 Inauguration

The article analyzes the term "broligarchy", tracing its emergence from a 2009 Twitter term to its current use describing the significant influence of tech CEOs, particularly during the 2024 presidential inauguration, highlighting their close ties to the new administration and concerns about power i...

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How has the evolution of the word "broligarchy" reflected the growing power and influence of a small group of predominantly male tech leaders?

The article traces the evolution of "broligarchy" from its 2009 Twitter origins to its mainstream adoption, showing how the term reflects the increasing power of a small group of wealthy, mostly male, tech leaders. The inauguration served as a symbolic event, showcasing their close ties to the administration and their significant influence on policy. The article connects this phenomenon to broader concerns about power imbalances and limited representation of women in tech and politics.

smh.com.au

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Jan 29, 04:10

Influencer Granted Bail After Allegedly Drugging Daughter

A 34-year-old Queensland mother, a social media influencer, was granted bail after being charged with drugging her one-year-old daughter with non-prescribed carbamazepine between August 6 and October 15, 2024, to gain online followers and donations; the child underwent two brain surgeries.

Influencer Granted Bail After Allegedly Drugging Daughter

A 34-year-old Queensland mother, a social media influencer, was granted bail after being charged with drugging her one-year-old daughter with non-prescribed carbamazepine between August 6 and October 15, 2024, to gain online followers and donations; the child underwent two brain surgeries.

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Good Health and Well-being

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What are the immediate consequences of the influencer's actions, and how does this case expose the darker side of social media influence?

A Queensland social media influencer was granted bail after being charged with drugging her one-year-old daughter to solicit donations and followers. The child underwent two brain surgeries, potentially avoidable if treatment had been delayed. The mother faces multiple charges, including administering poison and child exploitation.

smh.com.au

🌐 85% Global Worthiness

Jan 29, 10:08

Targeted Killing of Melbourne Underworld Figure Sam Abdulrahim

Sam Abdulrahim, a 32-year-old former boxer with a $1 million bounty on his head, was shot dead in a targeted attack at a Quest serviced apartment in Preston, Melbourne, on Tuesday, prompting a manhunt for a suspected traitor within his inner circle who revealed his location.

Targeted Killing of Melbourne Underworld Figure Sam Abdulrahim

Sam Abdulrahim, a 32-year-old former boxer with a $1 million bounty on his head, was shot dead in a targeted attack at a Quest serviced apartment in Preston, Melbourne, on Tuesday, prompting a manhunt for a suspected traitor within his inner circle who revealed his location.

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Peace, Justice, and Strong Institutions

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What specific actions led to Sam Abdulrahim's death, and what immediate consequences have resulted?

Sam Abdulrahim, a 32-year-old former boxer with a $1 million murder contract on his head, was killed in a targeted attack on Tuesday at a Quest serviced apartment in Preston, Melbourne. The attack, carried out by a suspected four-person hit team, involved a stolen Porsche and a Ford Ranger used as getaway vehicles. Police are investigating how the killers gained access to the secure car park.

smh.com.au

🌐 85% Global Worthiness

Jan 29, 22:11

Record Australian Property Spending in 2024 Exacerbates Housing Crisis

Australians spent a record $714.7 billion on property in 2024, exceeding the previous year by 17.3% and 2020 by 64.2%, despite high interest rates and prices; this highlights ongoing housing unaffordability, driven by strong job markets, population growth, and savings buffers.

Record Australian Property Spending in 2024 Exacerbates Housing Crisis

Australians spent a record $714.7 billion on property in 2024, exceeding the previous year by 17.3% and 2020 by 64.2%, despite high interest rates and prices; this highlights ongoing housing unaffordability, driven by strong job markets, population growth, and savings buffers.

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How did factors beyond interest rates, such as population growth and savings, contribute to the record property spending in 2024?

High property prices, driven by strong job markets and population growth, fueled the record spending. Savings accumulated during lockdowns, intergenerational wealth transfers ('bank of mum and dad'), and stable interest rates after initial sharp rises also contributed to this trend, despite the high cash rate of 4.35%.

smh.com.au

🌐 75% Global Worthiness

Jan 29, 22:11

Streaming Disrupts Australian Television

The launch of Foxtel in 1995 and Stan in 2015 dramatically altered Australian television consumption, increasing content variety but also subscription costs; now, the average Australian household spends $63 monthly on digital subscriptions and uses 2.1 services.

Streaming Disrupts Australian Television

The launch of Foxtel in 1995 and Stan in 2015 dramatically altered Australian television consumption, increasing content variety but also subscription costs; now, the average Australian household spends $63 monthly on digital subscriptions and uses 2.1 services.

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What challenges did Foxtel face due to the rise of streaming, and how did the company adapt?

Foxtel's initial dominance in pay TV was challenged by the emergence of cheaper streaming alternatives like Stan. This shift forced Foxtel to diversify its offerings with services like Binge and Kayo, while also leading to its sale to DAZN. The increased competition has resulted in a more diverse content landscape, yet also increased overall cost for consumers, who now average 2.1 video subscriptions.

smh.com.au

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Jan 29, 22:11

DeepSeek Challenges US AI Dominance with Cost-Effective Model

DeepSeek, a Chinese AI model developed by a Chinese hedge fund, rivals ChatGPT's capabilities at a significantly lower cost, challenging the US's dominance in AI and highlighting the potential of efficiency-driven development.

DeepSeek Challenges US AI Dominance with Cost-Effective Model

DeepSeek, a Chinese AI model developed by a Chinese hedge fund, rivals ChatGPT's capabilities at a significantly lower cost, challenging the US's dominance in AI and highlighting the potential of efficiency-driven development.

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What are the key differences between the US and China's approaches to AI development, and how do these differences reflect broader national strategies and priorities?

China's AI strategy prioritizes efficiency and cost-effectiveness, contrasting with the US's massive investment approach. This difference reflects differing national priorities and resource availability, impacting global AI leadership.

smh.com.au

🌐 85% Global Worthiness

Jan 29, 04:10

Charges Dropped Against Man Who Confronted Neo-Nazis at Melbourne Fundraiser

In Melbourne, Australia, charges were dropped against Benjamin Squire, who confronted neo-Nazis at a fundraiser, highlighting concerns about unequal treatment of anti-fascist protestors versus far-right groups. The incident occurred at Cafe Gummo in Thornbury on an August night in 2023, involving 20...

Charges Dropped Against Man Who Confronted Neo-Nazis at Melbourne Fundraiser

In Melbourne, Australia, charges were dropped against Benjamin Squire, who confronted neo-Nazis at a fundraiser, highlighting concerns about unequal treatment of anti-fascist protestors versus far-right groups. The incident occurred at Cafe Gummo in Thornbury on an August night in 2023, involving 20...

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Peace, Justice, and Strong Institutions

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How does this incident reflect broader concerns about the treatment of anti-fascist protestors versus far-right groups in Australia, and what evidence supports this?

This case highlights the disproportionate response to anti-fascist actions versus far-right extremism in Australia. The incident at Cafe Gummo involved a clash between anti-fascist counter-protesters and a group of 20 neo-Nazis. Only Squire faced charges, prompting concerns about potential bias in law enforcement.

smh.com.au

🌐 85% Global Worthiness

Jan 29, 04:10

Australia's Inflation Plunges, Rate Cut Expected

Australia's inflation rate fell to 2.4 percent annually in the December 2024 quarter, lower than expected, driven by government subsidies and easing prices; this significantly increases the likelihood of a Reserve Bank interest rate cut in February.

Australia's Inflation Plunges, Rate Cut Expected

Australia's inflation rate fell to 2.4 percent annually in the December 2024 quarter, lower than expected, driven by government subsidies and easing prices; this significantly increases the likelihood of a Reserve Bank interest rate cut in February.

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How did government interventions contribute to the overall decrease in inflation across various sectors?

The lower-than-anticipated inflation, particularly the 3.2 percent underlying inflation rate (compared to the Reserve Bank's projected 3.4 percent), reflects the effectiveness of government interventions like electricity subsidies and Commonwealth Rent Assistance. This positive economic indicator suggests a potential easing of the current restrictive monetary policy.

smh.com.au

🌐 85% Global Worthiness

Jan 29, 22:11

Fed Holds Rates, AI Breakthrough Shakes Tech Stocks

The Federal Reserve's unexpected decision to hold interest rates steady, coupled with news of a Chinese company's breakthrough in AI, caused US stocks to edge lower, with the S&P 500 down 0.6 percent, the Dow Jones dipping 0.3 percent, and the Nasdaq falling 0.9 percent.

Fed Holds Rates, AI Breakthrough Shakes Tech Stocks

The Federal Reserve's unexpected decision to hold interest rates steady, coupled with news of a Chinese company's breakthrough in AI, caused US stocks to edge lower, with the S&P 500 down 0.6 percent, the Dow Jones dipping 0.3 percent, and the Nasdaq falling 0.9 percent.

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Decent Work and Economic Growth

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What is the immediate impact of the Federal Reserve's decision to hold interest rates and the implications of the Chinese AI development on US stock markets?

The Federal Reserve's decision to hold interest rates steady, defying expectations of a cut, caused a downturn in US stocks. The S&P 500 fell 0.6 percent, the Dow Jones dropped 0.3 percent, and the Nasdaq decreased 0.9 percent. This follows a week of volatility fueled by news that a Chinese company developed a competitive AI model without relying on Nvidia's high-end chips, impacting the tech sector.

smh.com.au

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Jan 29, 04:10

Australian Steel Alloy Exploration Surges on Global Demand

Australian companies are intensifying exploration for critical minerals used in steel alloys, driven by global demand. Estrella Resources found high-grade manganese (57.5% and 63.4%) in Timor-Leste, while Surefire Resources is developing a large vanadium project in WA (464 million tonnes at 0.3% van...

Australian Steel Alloy Exploration Surges on Global Demand

Australian companies are intensifying exploration for critical minerals used in steel alloys, driven by global demand. Estrella Resources found high-grade manganese (57.5% and 63.4%) in Timor-Leste, while Surefire Resources is developing a large vanadium project in WA (464 million tonnes at 0.3% van...

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Industry, Innovation, and Infrastructure

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How are Australian exploration companies leveraging the global demand for critical minerals used in steel alloys?

The rising importance of steel alloys in various industries is fueling exploration efforts globally. Companies are focusing on high-grade deposits to improve economics, as seen in Surefire's beneficiation process that increases vanadium grade threefold. This focus on high-grade ores reflects the increasing value of these critical minerals.

smh.com.au

🌐 75% Global Worthiness

Jan 29, 22:11

Brisbane Airport Workers Face Tenfold Airtrain Fare Hike

Brisbane Airport workers will pay over \$46 weekly for Airtrain from February 10th, more than ten times the cost for other south-east Queensland commuters, due to the end of a trial period of cheaper fares and an additional fare increase implemented by Airtrain.

Brisbane Airport Workers Face Tenfold Airtrain Fare Hike

Brisbane Airport workers will pay over \$46 weekly for Airtrain from February 10th, more than ten times the cost for other south-east Queensland commuters, due to the end of a trial period of cheaper fares and an additional fare increase implemented by Airtrain.

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What factors contributed to Airtrain's decision to significantly increase fares for airport workers after a temporary discount period?

The fare hike results from the termination of a temporary half-price initiative and an additional price increase by Airtrain. This, coupled with the existing 50¢ Translink fare, brings the total weekly cost for airport workers to \$51, significantly higher than other commuters' costs. The increase is justified by Airtrain as a standard CPI adjustment.

Showing 3,541 to 3,552 of 4,464 results