News

China’s monopoly: can the West afford to stop doing business with Beijing?

Published

11 months ago

June 21, 2023

ticker NEWS

Monopoly risks are emerging as China leads the U.S. in the rapid development of new technologies

Western democracies are losing the global technological competition, according to analysis from one Australian think tank.

The Australian Strategic Policy Institute’s (ASPI’s) Technology Tracker underpins the development and control of the world’s most important technologies.

It shows China has built the foundations to become a pioneer in the science and technology markets.

Beijing is on course to turn high-impact research into practice across a variety of critical emerging technology domains.

“What it’s meant to do is look at where the current state of lay is and really identify where there are problems or challenges,” said Dr John Coyne from ASPI.

“When you have a single country dominating supply chains, be that in the U.S., Australia or Europe that’s not necessarily beneficial for the whole of the world.

“Competition in these areas is really really important. It drives innovation but it also ensures that we don’t see a proliferation capabilities in a single country,” he said.

The Technology Tracker shows China’s global lead extends to 37 out of 44 technologies.

These includes fields across defence, space, robotics, and artificial intelligence.

News

Why Australia is becoming the new home of the Hollywood blockbuster

Published

1 day ago

May 17, 2024

Nathan Langridge

Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

News

Portal between countries shut down after international flashing

Published

1 day ago

May 17, 2024

Nathan Langridge

An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

News

U.S. home prices surge 47%

Published

2 days ago

May 17, 2024

ticker NEWS

American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending