Author: Press Room

Former Liberal Senator Amanda Stoker says regional Australia has “over 200,000 job vacancies” as the Regional Australia Institute calls for the federal government to its change migration policy due to the productivity crisis. “The productivity of this nation is being held back by the fact there is no one doing those jobs,” Ms Stoker told Sky News host James Morrow. “I think there is a great opportunity here to use migration in the short term but there is also an opportunity for any Australians who might be on the JobSeeker list, to seize the opportunity too.” Source: Sky News

European stocks fell on Tuesday after US Federal Reserve officials reiterated that interest rates would probably hover above 5 per cent for much of 2023, denting investor optimism ahead of the release of December’s US inflation data later this week.The regional Stoxx Europe 600 shed 0.6 per cent in early trading, though it has risen 4.5 per cent since the beginning of January. London’s FTSE 100 fell 0.3 per cent and Germany’s Dax fell 0.3 per cent.Contracts tracking Wall Street’s blue-chip S&P 500 and those tracking the tech-heavy Nasdaq 100 traded flat ahead of the New York open, and a…

United States President Joe Biden has arrived in Mexico ahead of bilateral meetings with Mexican President Andres Manuel Lopez Obrador and Canadian Prime Minister Justin Trudeau, as well as a joint gathering of the three North American leaders, dubbed the “Three Amigos” summit. Issues of migration, illegal drugs, climate change, manufacturing and trade were set to dominate the two days of meetings between the longtime allies, who have weathered some chafing in relations in recent years. Meanwhile, rights group Amnesty International called on the leaders to make “the rights of refugees and migrants” a top priority. In a tweet upon…

Writing in his memoir Spare, which was released into book stores today, Prince Harry says he did not want people to think Meghan Markle was mimicking Diana, Princess of WalesVideo LoadingVideo UnavailableThe video will auto-play soon8CancelPlay nowPrince Harry told his wife not to take a photo in front of the Taj Mahal during a humanitarian trip to India. The Duke of Sussex gave the advice as he did not want people to think his wife was mimicking his mother Princess Diana. In 1992, Diana, the Princess of Wales, was pictured sitting alone at the famous landmark on a tour of…

US greenhouse gas emissions rose again in 2022, putting the country further behind its targets under the Paris climate agreement despite the passage of sweeping clean energy legislation last year.Emissions increased by 1.3 per cent last year, according to preliminary estimates by environmental consultancy Rhodium Group, led by sharp increases from the country’s buildings, industry and transport. The electric sector emitted slightly less, largely due to natural gas replacing coal in power stations and increased use of renewable energy.The 74mn-tonne increase in the US’s carbon dioxide equivalent emissions last year was greater than the total emissions of some European countries,…

Galactic Energy, a rocket startup in China, launched five satellites into orbit on Monday, boosting the private company’s ambition to become the Chinese rival to SpaceX. Galactic Energy’s Ceres-1 rocket lifted off Monday from the Jiuquan Satellite Launch Center in northwestern China, sending five commercial satellites into their intended orbits, the Beijing-based company said in a statement on the same day. The five satellites will be used for telecommunication, weather forecasts and scientific research for government agencies in the country, the company added. The mission marks the fifth launch of the Ceres-1 rocket — a small solid fuel orbital rocket…

The Albanese government has “left Australia behind” in its race to hold a referendum on the Indigenous Voice to Parliament, a Labor Party elder-statesman has warned.Former Labor Minister and factional powerbroker Graham Richardson also revealed his own hesitancy about the Voice, arguing the government shouldn’t be taking the support of Labor voters like him for granted on the issue.Mr Richardson’s comments came after senior Labor figures dismissed opposition leader Peter Dutton’s calls for the government to release more information about what the proposed voice would look like.Stream your news live & on demand with Flash for $8/month and no lock…

The Albanese Government has proposed reforms that will see the country’s largest polluting companies slash their emissions by at least 28 per cent by 2030, in an effort to meet Labor’s legislated targets.Climate Change and Energy Minister Chris Bowen has laid out the path to revamping the Safeguard Mechanism introduced by the Coalition in 2016, limiting the emissions of 215 oil, gas, mining and manufacturing facilities.The reforms are expected to support businesses in reducing their annual greenhouse output by 4.9 per cent every year until 2030 and cut 205 million tonnes of emissions or the equivalent of two-thirds of Australia’s…

On January 10, Bitcoin (BTC), the world’s largest cryptocurrency, extended its upward trend and broke through the $17,200 barrier, as market participants continued to react ahead of the release of US inflation data this week. Ethereum’s (ETH) price, on the other hand, was able to surpass $1,300 this week as the overall cryptocurrency market began to improve.Meanwhile, the value of other well-known cryptocurrencies, such as Dogecoin (DOGE), Ripple (XRP), and Solana (SOL), increased. The next level of resistance for Bitcoin would be $17,400, with $17,050 acting as a support level if the upward trend continues. However, the main reason for…

Former Labor minister Graham Richardson says the Indigenous Voice to Parliament strategy has been “poorly handled” and Labor has “raced too far, way too quickly”. “I think they have left Australia behind,” he told Sky News host James Morrow. “I think on this question, Labor is way out in front and the country is behind saying ‘where are you blokes going?’” Source: Sky News