Australia’s Prime Minister Anthony Albanese has promised to build a better future
In a matter of hours, the Australian Government will hand down a “responsible, family-friendly budget, that will help Australians with the cost of living,” according to Prime Minister Anthony Albanese.
Australia is facing nearly $1 trillion in debt and soaring inflation. But the Albanese Government insists they have made improvements “line by line”.
The Prime Minister says there will be “cheaper child care, cheaper medicines, extending paid parental leave and getting wages moving again.”
Dr Leonora Risse is a Senior Lecturer in Economics at RMIT University, who said these issues should be central to the budget.
“Paid parental leave and childcare affordability should be treated as core economic issues that affect the country’s overall productivity and prosperity, rather than just thinking about these policies as “women’s issues.”
“We have to make bold moves to make it societally and professionally acceptable for men to put their hand up and take a larger share of parental caregiving,” she said.
The budget—the first for a Labor Government since 2013—is expected have more ‘cuts’ than ‘spend’. But analysts believe it provides an opportunity to address the nation’s post-pandemic future.
“Women also lost their jobs or lost hours of work together with any opportunities for career development,” said Emeritus Professor Sara Charlesworth at RMIT University.
“While many employers were supportive, different employers and managers varied considerably in the support they provided to women who were juggling day to day care responsibilities with the additional burdens of COVID.”
PROFESSOR SARA CHARLESWORTH, RMIT UNIVERSITY
“The impact of the additional burdens taken on by many women during COVID will cast a long shadow on their mental health and the rising number of women seeking help post lockdown is hardly surprising,” Professor Charlesworth explained.
Mr Albanese and Treasurer Jim Chalmers will get a second bite of the apple in less than a year, when another budget is handed down in May 2023.
Dr Debajyoti Chakrabarty is a Lecturer in Finance and Economics at Charles Darwin University. He said a strong job market and resources sector will boost this year’s budget.
“However, there are also reports of expenditure blowouts in infrastructure, aged care and health.”
“The government has to be careful in its spending strategy and use it towards the targeted cost of living relief to vulnerable households and improving productivity,” Dr Chakrabarty said.
Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom.
He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.
President Donald Trump has moved to reshape US trade policy on two major fronts, signing executive orders that both ease tariffs on India and threaten new levies on countries that continue to trade with Iran.
The rollback of tariffs on India follows New Delhi’s commitment to halt imports of Russian oil, a move welcomed by Washington as it seeks to tighten pressure on Moscow’s energy revenues. The decision signals a thaw in trade tensions between the two nations and underscores the administration’s willingness to reward partners that align with US foreign policy priorities.
At the same time, Trump warned that nations maintaining commercial ties with Iran could face fresh US tariffs, escalating economic pressure on Tehran and its trade partners. The move reinforces a hardline strategy aimed at isolating Iran economically, while using trade measures as leverage in broader geopolitical negotiations.
Together, the twin decisions highlight the Trump administration’s increasingly assertive use of tariffs as a diplomatic tool, targeting both allies and adversaries. From the Indo-Pacific to the Middle East, the approach underscores how trade policy is being deployed not just to protect US industries, but to advance America’s strategic interests on the global stage.
The United States has announced an additional $6 million in humanitarian aid for Cuba, bringing total assistance since Hurricane Melissa struck the island in October to $9 million. The new relief package will focus on Cuba’s eastern provinces, including Holguín, Granma, Santiago de Cuba, and Guantánamo, providing staples like rice, beans, pasta, canned tuna, and solar lamps. U.S. officials said embassy staff will monitor distribution to prevent the government from diverting supplies.
The announcement comes amid worsening energy and fuel shortages. Cuba has faced widespread blackouts, leaving millions without electricity in several provinces, while rising food prices and limited fuel supplies have intensified humanitarian pressures. Officials warn that without sufficient oil imports, hospitals, transport, and essential services could be severely affected. The crisis has escalated following U.S. restrictions on Cuba’s oil shipments and Venezuela’s inability to supply fuel, forcing Cuba to turn to Mexico as its primary energy partner.
Humanitarian situation
Cuba’s President Miguel Díaz‑Canel accused the U.S. of imposing an “energy blockade,” while Mexican officials work to deliver fuel without triggering U.S. tariffs. Díaz‑Canel expressed willingness to engage in dialogue but insisted talks must respect Cuba’s sovereignty. U.N. Secretary-General António Guterres has voiced serious concern, warning that the humanitarian situation could deteriorate further if oil supplies remain restricted.
As Cuba struggles to balance disaster recovery with an ongoing energy crisis, the international community faces a delicate challenge: providing humanitarian support while navigating complex geopolitical tensions.
SpaceX expands Starlink with a mobile device and space tracking, raising concerns over revenue and US government reliance.
SpaceX is pushing Starlink beyond internet from space, with plans underway for new consumer facing services that could reshape the telecom landscape.
The company is reportedly exploring a Starlink mobile device, positioning it as a potential rival to established smartphone players as it looks to extend its reach from orbit to everyday tech.
Starlink has become SpaceX’s financial powerhouse, generating an estimated $8 billion in revenue last year, with fresh trademark and patent filings signalling even more ambitious expansion ahead.