Domain: smh.com.au

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smh.com.au

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May 16, 22:08

Sydney Home Listings Drop 14.7% Amid Economic Uncertainty

Sydney's housing market experienced a 14.7 percent decrease in new listings over the four weeks to May 4th compared to the same period last year, due to economic uncertainty, the recent federal election, and anticipated interest rate decisions; however, total listings remain higher than average in c...

Sydney Home Listings Drop 14.7% Amid Economic Uncertainty

Sydney's housing market experienced a 14.7 percent decrease in new listings over the four weeks to May 4th compared to the same period last year, due to economic uncertainty, the recent federal election, and anticipated interest rate decisions; however, total listings remain higher than average in c...

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What is the immediate impact of decreased new listings on the Sydney housing market?

Sydney's real estate market shows a 14.7 percent decrease in new listings compared to last year, primarily due to economic uncertainty, the recent federal election, and the anticipated interest rate decision. This decline is most pronounced in the inner west, Baulkham Hills and Hawkesbury, and Central Coast, with decreases ranging from 16.9 percent to 23.5 percent. Conversely, areas like the eastern suburbs show higher total listings (19.3 percent), but this reflects longer sales times rather than increased demand.

smh.com.au

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May 16, 10:13

Court Rejects Roberts-Smith Appeal, Upholds McKenzie's Evidence

An Australian appeal court dismissed Ben Roberts-Smith's defamation appeal and rejected his application to introduce a secret recording of journalist Nick McKenzie, finding the recording unreliable and McKenzie's evidence credible.

Court Rejects Roberts-Smith Appeal, Upholds McKenzie's Evidence

An Australian appeal court dismissed Ben Roberts-Smith's defamation appeal and rejected his application to introduce a secret recording of journalist Nick McKenzie, finding the recording unreliable and McKenzie's evidence credible.

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How did the court assess the credibility of the secret recording and the journalist's evidence, and what factors influenced its decision?

The court's decision highlights the challenges in using secretly recorded conversations as evidence, particularly when the context is unclear and the recording's authenticity is questionable. The ruling reinforces the importance of verifying evidence before using it in legal proceedings. The court's acceptance of McKenzie's evidence underscores the importance of journalistic ethics in legal cases.

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May 16, 01:13

IPART Approves Mixed Rate Hikes for NSW Councils

IPART approved rate increases for five NSW councils, granting Northern Beaches a 25 percent hike over two years but rejecting North Sydney's 87 percent request due to unmet criteria, sparking debate on local government financial sustainability.

IPART Approves Mixed Rate Hikes for NSW Councils

IPART approved rate increases for five NSW councils, granting Northern Beaches a 25 percent hike over two years but rejecting North Sydney's 87 percent request due to unmet criteria, sparking debate on local government financial sustainability.

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What are the long-term implications of IPART's decisions for financial planning and community relations in NSW local governments?

The varying outcomes for councils suggest a need for greater financial transparency and planning among local governments. Future rate increases will likely depend on the councils' ability to meet IPART's criteria, emphasizing the importance of efficient resource management and community engagement.

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May 16, 10:13

Australia's Planned Superannuation Tax Increase Faces Criticism over Unindexed Threshold

The Australian government will implement a tax increase on superannuation earnings exceeding \$3 million, starting July 1st, generating an estimated \$2.7 billion in revenue annually, despite criticism for not indexing the threshold which may cause its impact to increase significantly over time.

Australia's Planned Superannuation Tax Increase Faces Criticism over Unindexed Threshold

The Australian government will implement a tax increase on superannuation earnings exceeding \$3 million, starting July 1st, generating an estimated \$2.7 billion in revenue annually, despite criticism for not indexing the threshold which may cause its impact to increase significantly over time.

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How might the decision not to index the \$3 million threshold affect the number of people subject to the higher tax rate in the future?

The decision not to index the \$3 million threshold for the increased superannuation tax rate means that more people will eventually be subject to the higher tax rate as wages and inflation rise. This lack of indexation has drawn criticism, with concerns raised about the potential impact on middle-income earners in the future.

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May 16, 10:13

NSW Workers' Compensation Overhaul to Reduce Psychological Injury Claims

The NSW government plans to overhaul its workers' compensation scheme, raising the threshold for psychological injury claims from 20 percent to 30 percent WPI, reducing eligible claimants from roughly 200 to 27, while limiting benefits and disproportionately affecting women.

NSW Workers' Compensation Overhaul to Reduce Psychological Injury Claims

The NSW government plans to overhaul its workers' compensation scheme, raising the threshold for psychological injury claims from 20 percent to 30 percent WPI, reducing eligible claimants from roughly 200 to 27, while limiting benefits and disproportionately affecting women.

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Decent Work and Economic Growth

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How do the proposed changes disproportionately affect women, and what are the unions' arguments against the reforms?

The proposed changes disproportionately affect women, as 80-85 percent of those suffering workplace psychological injuries are female. Unions argue the reforms are rushed and inadequate, citing systemic issues within workplaces that lead to these injuries. The government counters that the current scheme is financially unsustainable, requiring $6.1 billion in bailouts over six years.

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May 16, 13:12

Adam Goodes: A Decade After Racial Abuse, Swans' Commitment Endures

A decade after Adam Goodes, a champion for the Sydney Swans, confronted appalling racial abuse from opposition fans, his strong connection with the club persists, symbolizing the team's dedication to inclusivity and social justice.

Adam Goodes: A Decade After Racial Abuse, Swans' Commitment Endures

A decade after Adam Goodes, a champion for the Sydney Swans, confronted appalling racial abuse from opposition fans, his strong connection with the club persists, symbolizing the team's dedication to inclusivity and social justice.

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What is the significance of Adam Goodes' continued connection with the Sydney Swans a decade after facing racial abuse?

Ten years after Adam Goodes faced significant racial abuse, his connection to the Sydney Swans remains strong, highlighting the club's continued commitment to inclusivity and social justice. The article emphasizes the lasting impact of this event and the Swans' ongoing efforts to combat racism in sports.

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May 16, 10:13

Australia to Introduce Revised Environmental Protection Bill Amid Stakeholder Opposition

Australia's new Environment Minister, Murray Watt, will introduce a revised environmental protection bill to parliament, aiming to create a national environmental protection agency (EPA) despite facing strong opposition from the mining industry and other stakeholders, following Prime Minister Albane...

Australia to Introduce Revised Environmental Protection Bill Amid Stakeholder Opposition

Australia's new Environment Minister, Murray Watt, will introduce a revised environmental protection bill to parliament, aiming to create a national environmental protection agency (EPA) despite facing strong opposition from the mining industry and other stakeholders, following Prime Minister Albane...

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Life on Land

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What are the immediate consequences of the planned environmental reforms, and how will they affect key stakeholders?

Australia's new Environment Minister, Murray Watt, aims to introduce a comprehensive environmental protection package, including a national EPA, facing strong opposition from various stakeholders. He anticipates tough negotiations, acknowledging potential losses for some groups. The bill, initially blocked by Prime Minister Albanese, will be significantly revised.

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May 16, 22:08

Generation X: Unhappiness and Financial Hardship

A recent study reveals that Generation X, born between 1965 and 1980, reports the lowest happiness levels among generations, with 31% stating unhappiness, due to economic hardships during their peak earning years and facing potential pension cuts in retirement.

Generation X: Unhappiness and Financial Hardship

A recent study reveals that Generation X, born between 1965 and 1980, reports the lowest happiness levels among generations, with 31% stating unhappiness, due to economic hardships during their peak earning years and facing potential pension cuts in retirement.

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What are the primary economic and social factors contributing to the comparatively low happiness and financial well-being of Generation X compared to other generations?

Generation X (Gen X), born between 1965 and 1980, experiences lower happiness rates compared to other generations, with 31% reporting unhappiness in a recent poll. This aligns with the "U-bend of life" theory, where unhappiness peaks in middle age due to factors like health issues and career realities. Gen Xers also face unique financial challenges, including slower income growth and lower homeownership rates compared to previous generations.

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May 16, 07:13

Reserve Bank's Cautious Approach to Interest Rate Cuts Amidst Economic Slowdown

The Reserve Bank of Australia will likely cut interest rates next week but is hesitant due to concerns about wage growth and inflation, despite a slowdown in economic growth and criticisms from economists.

Reserve Bank's Cautious Approach to Interest Rate Cuts Amidst Economic Slowdown

The Reserve Bank of Australia will likely cut interest rates next week but is hesitant due to concerns about wage growth and inflation, despite a slowdown in economic growth and criticisms from economists.

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Decent Work and Economic Growth

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What are the immediate economic consequences of the Reserve Bank's cautious approach to interest rate cuts?

The Reserve Bank of Australia is likely to cut interest rates next week, but significant reductions are unlikely soon. Economists criticize the bank's slow rate cuts, arguing they exacerbate cost-of-living pressures for homeowners. Inflation is within the target range, and economic growth has slowed considerably, fueling this criticism.

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May 16, 10:13

Australia Overhauls Environment Act, Boosts Worker Mobility

Australia's new environment minister faces the challenge of updating the Environment Protection Act amidst lobbying from mining and environmental groups; concurrently, a government proposal to ban non-compete agreements will impact up to 3 million workers.

Australia Overhauls Environment Act, Boosts Worker Mobility

Australia's new environment minister faces the challenge of updating the Environment Protection Act amidst lobbying from mining and environmental groups; concurrently, a government proposal to ban non-compete agreements will impact up to 3 million workers.

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Responsible Consumption and Production

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How will the ban on non-compete agreements affect the Australian labor market, considering its potential impact on worker mobility and wages?

These developments reflect a complex interplay between environmental concerns, economic interests, and labor relations. The changes to the Environment Protection Act aim for a balance between environmental protection and industry needs, highlighted by compromises from both mining and environmental groups. The new job mobility initiative shows governmental priorities in bolstering worker rights and potentially increasing competition in various sectors.

smh.com.au

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May 16, 01:13

Liberal Party's Gender Quota Debate Reveals Internal Divisions

The Australian Liberal party appointed its first female leader, Sussan Ley, yet faces internal division over a petition for gender quotas, revealing tensions between conservative and moderate factions amidst recent electoral setbacks. Unexpected signatories include former VP Teena McQueen and former...

Liberal Party's Gender Quota Debate Reveals Internal Divisions

The Australian Liberal party appointed its first female leader, Sussan Ley, yet faces internal division over a petition for gender quotas, revealing tensions between conservative and moderate factions amidst recent electoral setbacks. Unexpected signatories include former VP Teena McQueen and former...

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How do the diverse viewpoints among the petition's signatories reflect the broader ideological divisions within the Liberal party?

The petition for gender quotas within the Liberal party reflects a broader struggle for improved female representation in Australian politics. The involvement of figures like Teena McQueen, known for her conservative views, suggests a potential shift in opinion within the party, although the extent of this shift remains unclear. The diverse range of signatories also highlights the internal tensions and differing viewpoints on this issue.

smh.com.au

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May 15, 07:13

Putin Skips Turkey Peace Talks

Russia will send a delegation to peace talks in Turkey without President Vladimir Putin, while President Donald Trump will send Secretary of State Marco Rubio, indicating a lack of high-level engagement despite ongoing efforts toward a ceasefire and pressure from Western allies for Russia to agree t...

Putin Skips Turkey Peace Talks

Russia will send a delegation to peace talks in Turkey without President Vladimir Putin, while President Donald Trump will send Secretary of State Marco Rubio, indicating a lack of high-level engagement despite ongoing efforts toward a ceasefire and pressure from Western allies for Russia to agree t...

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What are the immediate implications of Putin's absence from the planned peace talks in Turkey?

President Vladimir Putin's absence from the Russian delegation for peace talks with Ukraine in Turkey strongly suggests a lack of commitment to direct negotiations with President Zelensky. The Kremlin confirmed Putin approved the delegation, which includes hard-line aide Vladimir Medinsky and Deputy Defence Minister Alexander Fomin. Donald Trump, who initially considered attending, will not be present, instead sending Secretary of State Marco Rubio.

Showing 733 to 744 of 3,313 results