Earlier this week the Reserve Bank of Australia announced that they have estimated the unemployment rate could fall below four per cent later in the year. Governor of the Reserve Bank of Australia Philip Lowe said that the labour market has seen a strong recovery following the peak of the COVID-19 pandemic, even though the…
Meta’s cryptocurrency Diem has been sold to Silvergate Capital Corporation for approximately $255 million AUD as Zuckerberg’s digital currency was met with resistance from US federal and international regulators. Diem (previously known as Libra) was a cryptocurrency created under The Diem Association in 2019 which was separate to Facebook but received funding from Meta. According…
The 2022 Winter Olympics will see a team of 43 Aussies compete in Beijing with high expectations for several athletes who have a chance at bringing home a medal. Aussie athletes at this years Winter Olympics will be a mix of old and new with 22 women and 21 men making it the third largest…
The Federal government has announced that $50 million will be put towards Koala conservation as the marsupial population continues to decrease amid the after affects of the 2020 bushfires. According to the Australian Geographic, there has been a 30 per cent decline in the Koala population with figures estimated to be between 32,000-58,000 nationally. Prime…
Earlier this week it was announced by Queensland Premier Annastacia Palaszczuk that there would be an inquiry into the Queensland Crime and Corruption Commission (CCC). The recommendation came from the Parliamentary Crime and Corruption Committee (PCCC) after fraud charges on several Logan City councilors in 2019 failed in prosecution. Amid the controversy CCC chair Alan…