Mon, December 2, 2024
[ Mon, Dec 02nd 2024 ]: Bill Williamson
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[ Mon, Dec 02nd 2024 ]: Bill Williamson
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[ Mon, Dec 02nd 2024 ]: Bill Williamson
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[ Sun, Dec 01st 2024 ]: Bill Williamson
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Australia news LIVE: House values tumble as economy struggles; Michael Rowland leaves ABC News Breakfast

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Australian businesswoman Robyn Denholm, who succeeded Elon Musk as chair of Tesla in 2018, has been appointed to lead a review of Australia's research and development. Industry and Science Minister Ed Husic joined ABC's RN Breakfast to discuss the appointment, where he denied that building a relationship with Musk was a factor in choosing Denholm.
The article from The Sydney Morning Herald discusses several key economic and political developments in Australia. House values have experienced a significant decline, reflecting broader economic struggles. This downturn in property prices is attributed to various factors including rising interest rates and economic uncertainty. Concurrently, Prime Minister Anthony Albanese has been promoting international coverage of Australia's decision to ban social media platform TikTok on government devices, citing national security concerns. This move has sparked a debate on digital rights versus security. Additionally, the article touches on the ongoing cost-of-living pressures, with inflation rates still high, affecting consumer spending and confidence. The combination of these issues paints a complex picture of Australia's current economic landscape, where housing market instability, government policy on digital platforms, and persistent inflation are central themes.

Read the Full Sydney Morning Herald Article at:
[ https://www.smh.com.au/national/australia-news-live-house-values-tumble-as-economy-struggles-pm-touts-international-coverage-of-social-media-ban-20241202-p5kv06.html?post=p57wmv ]