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U.S. Federal Reserve leaves interest rate unchanged, but some policymakers expect hike this year
The Federal Reserve held interest rates steady on Wednesday, but policymakers expect a hike in borrowing costs later this year amid growing concerns about inflation lodged above the U.S. central bank’s two per cent target. Source link
Wife and carer 'dumbfounded' by husband's aged care assessment
Melbourne man Graham Crossan relies on his wife Gaynor to help him eat, move and even breathe. But a new assessment tool means he has been refused funding for more support. Source link
AI factory 'brings into doubt' Marinus Link future
Tasmania’s cool climate and access to renewable energy has made it an attractive place for AI data centre investment, but energy industry voices are warning that the business case for the Marinus Link project appears increasingly unviable if power-hungry players such as AI data centres continue to expand across the state. Source link
Chilling the body with drugs could limit brain damage from stroke
Putting brain cells into a hibernation-like state via drugs that cool down core body temperature may help to preserve them following a stroke Source link
Couple left with nothing after investing $1m in 7-Eleven franchise
Jotika and Sunny Sharma took out a loan to purchase their Sydney franchise in 2015. When the lease expired this year, their relationship with the convenience store giant turned ugly. Source link
KPMG the latest example of accountants being unaccountable
Bean counters have historically been viewed as dull, dull, dull. But since the turn of the century, accounting scandals have come thick and fast in Australia. Source link
HSBC agrees to pay $35 million penalty after widespread scam failures
HSBC has admitted to failing to protect customers from scams and agreed to a $35 million penalty in the Federal Court. Source link
Quebec-based RCMP officer charged with uttering threats online toward Donald Trump
A Quebec-based RCMP police officer has been arrested for allegedly threatening U.S. President Donald Trump online. Source link
Pauline Hanson's attack of Guardian reporter labelled an 'assault on free press'
Pauline Hanson’s public excoriation of a Guardian journalist questioning her at the National Press Club yesterday was an “assault on the freedom of the press”, the media union says, as Labor and Liberal MPs criticise the One Nation leader for getting personal with journalists. Source link
Weaponising homophobia, this Aussie horror is terrifying
Writer and director Adrian Chiarella’s debut supernatural horror feature, Leviticus, is as romantic as it is scary. Source link