Taking a second job to pay for interest rate hikes

Published

2 years ago

June 28, 2023

Australians are taking up second jobs to deal with rising interest rates

Rising interest rates place increasing pressure on mortgage holders. But what happens if a significant portion of these holders defaults?

The IMF fund has identified Australia as one of the most at-risk housing markets in the first world.

Will Banks, Executive Director of Shillings Capital says Australia is of particular concern when it comes to the housing market.

Australia was able to avoid the worst impacts of the Global Financial Crisis, but now people are stuck with so much debt. #featured #housing #australia #rba

Related Topics:australia Featured housing rba

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Global EV shake-up: Australia slows, China surges, Lexus teases supercar

Australia’s EV market slows, sales below 100,000; Costello discusses barriers and climate goals in latest Ticker episode.

Published

3 hours ago

December 8, 2025

Harvey Vargas

Australia’s EV market slows, sales below 100,000; Costello discusses barriers and climate goals in latest Ticker episode.

Australia’s electric vehicle market is facing a slowdown, with sales struggling to hit the 100,000 mark this year.

Mike Costello from Cox Automotive breaks down the key barriers slowing adoption and explains whether current growth is enough to meet the country’s climate goals.

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#EVNews #ElectricCars #AustraliaEV #ChinaEV #LexusLFA #Zeekr7X #SustainableTransport #EVMarket

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Elon Musk’s X hit with EU fine: Digital Services Act showdown

EU fines Elon Musk’s platform X €120 million for DSA violations, highlighting tech scrutiny and potential regulatory clashes.

Published

3 hours ago

December 8, 2025

Harvey Vargas

EU fines Elon Musk’s platform X €120 million for DSA violations, highlighting tech scrutiny and potential regulatory clashes.

In a landmark ruling, the European Union has imposed a €120 million fine on Elon Musk’s social media platform X, citing violations of new digital regulations under the Digital Services Act (DSA). This fine underscores the EU’s increasing scrutiny of tech giants and sets the stage for a potential clash between Elon Musk, the European Commission, and even political figures like former President Trump.

Chris Berg from RMIT University joins us to break down the reasons behind the fine, including X’s controversial handling of the blue tick verification system, and what this means for transparency and user rights on digital platforms.

We also explore the broader implications of this ruling for other tech platforms like TikTok and how the EU is asserting its regulatory authority on an international stage.

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#ElonMusk #XPlatform #EURegulations #DigitalServicesAct #TechNews #SocialMediaLaw #ChrisBerg #TickerNews

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Lando Norris claims first F1 World Championship after dramatic Abu Dhabi showdown

Published

7 hours ago

December 8, 2025

Harvey Vargas

Lando Norris secures his first F1 World Championship at Abu Dhabi, becoming Britain’s 11th World Champion with 423 points.

Lando Norris has clinched his maiden Formula 1 World Championship after an electrifying finale at the Abu Dhabi Grand Prix. In a race packed with tension, Norris held onto third place — the exact result he needed to secure the title.

His performance not only sealed his first championship but also cemented him as Britain’s 11th F1 World Champion, marking a historic moment for McLaren and the sport.

Norris closed out the season with 423 points, marking a defining milestone in his career.

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#Formula1 #F1News #LandoNorris #MaxVerstappen #OscarPiastri #AbuDhabiGP #McLarenF1 #TickerNews