Data from 2020 suggests the content industry is rising to become one of South Korea’s most valuable exports. Korea Creative Content Agency (KOCCA) and the Trade Ministry found the content industry accounted for $10.8 billion of the nation’s exports last year. This makes it the 7th most lucrative export from the country, overtaking powerful assets…
Tensions are high following Australia’s divisive decision to back out of a $90 billion submarine contract with France last month. On 15 September Australia announced the nation had withdrawn from a contract with Naval Group for the purchase of diesel-powered submarines. Relations between the two nations have since soured, with France referring to the move…
The Independent Commission Against Corruption (ICAC) has commenced their inquiry into former New South Wales Premier Gladys Berejiklian today. The hearings will investigate whether Ms Berejiklian breached the public trust during her relationship with then NSW member of Parliament, Mr Daryl Maguire. So, what exactly will these hearing involve and what does the former Premier…
Credit: AAP New South Wales will ease restrictions significantly to allow residents greater freedoms this week. Following high rates of vaccination among the eligible population, the state’s Premier has opted to open up the community for vaccinated residents after months of lockdown. NSW’s Premier Dominic Perrottet announced on Saturday the state had reached an important…
A senate inquiry led by Liberal Senator Andrew Bragg is approaching its final stages and prepares to make its recommendations around the regulation of the burgeoning cryptocurrency space in Australia. With some reports suggesting up to 1 in 5 Australians own or intend to own cryptocurrencies, regulation is almost inevitable. Regulation may further accelerate broader…
Australia has secured a tight victory over India in the third and final Twenty20 International (T20I) held on the Gold Coast this past Sunday. By four wickets, Australia clinched their triumph in what was otherwise a close finish. The team beat their competitors with a 14-run victory and ended the multiformat series on a high.…
As Glasgow prepares to host COP26 commencing on October 31st, Prime Minister Scott Morrison is yet to announce if he will be in attendance. COP26 is said to be the most important climate change meeting since the Paris Agreement was signed in 2015. Addressing concerns over the Prime Minister’s potential involvement, Foreign Minister Marise Payne…
After previously agreeing to elevate their relationship, the inaugural India-Australia 2+2 Ministerial Dialogue held in September was a promising start for the two nations. Following a meeting between Prime Ministers Narendra Modi (India) and Scott Morrison (Australia), both countries committed to enhanced collaboration across a broad range of areas. This came to fruition in September…
2021 has been a big year for Australia’s housing market with housing value growth rates approaching record highs. Mortgage interest rates are also at record lows, making mortgage repayments easier than ever for current homeowners. However, this property bubble may cause some challenges for prospective first home buyers looking to enter the market. Australia spent…
This week saw Facebook experience its most severe outage in over two years, lasting six hours and taking down some of the most highly used sites on the internet. Sites affected by the outage include Facebook, Messenger, Instagram, Whatsapp, and even Oculus Virtual Reality. Employees at Facebook were also unable to enter Facebook, Inc. buildings…