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Australia to receive first Labor Budget in a decade

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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.

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Ticker News is now live on XumoTV and Xfinity across the U.S.

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Ticker News is now available on Xumo TV and Xfinity, bringing new era of accessibility

Ticker is thrilled to announce a major milestone for Ticker News: we are now available for streaming across the United States on Comcast’s major platforms, Xumo TV and Xfinity.

The development places Ticker News in the company of industry giants like CNN, Fox News, and MSNBC, marking a significant leap forward in our mission to deliver quality news to a wider audience.

With a combined reach of 50 million active users per month, Xumo TV and Xfinity offer an opportunity for Ticker News to expand viewership.

The achievement is particularly special with Ticker’s fifth anniversary on air on August 19.

“Getting Ticker News on these platforms was no small feat,” says Ticker Founder and CEO Ahron Young.

“It took nearly two years of intense negotiations and overcoming various technical challenges. But the journey underscores the resilience and determination of our team, proving that persistence pays off. We are immensely proud of what we have accomplished together,” Ahron says.

Being available on Xumo TV and Xfinity significantly enhances our already robust distribution network.

These platforms provide Ticker with the ability to reach millions of new viewers, further solidifying our presence in the competitive news landscape.

“Our commitment to expanding our reach and improving accessibility remains stronger than ever,” says TIcker’s Global Marketing Director, Kane Ricca.

Looking Ahead

As Ticker celebrates this exciting moment, the media company remains focused on its mission to provide accurate, timely, and engaging news to our audience.

“We are grateful for the ongoing support of our hosts, staff, investors, and viewers. Every moment counts at Ticker, and together, we are building something truly special,” says Ahron.

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‘Frank and constructive’ meeting between Harris and Netanyahu

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Vice President Kamala Harris met with Israeli Prime Minister Benjamin Netanyahu to discuss the humanitarian crisis in Gaza and a cease-fire agreement.

Vice President Kamala Harris highlighted the nature of the discussion describing it as a “frank and constructive”meeting with Israeli Prime Minister Benjamin Netanyahu at the White House.

Harris expressed her concerns about the humanitarian situation in Gaza.

She stressed the need to finalise a cease-fire deal.
Harris described the past nine months in Gaza as devastating.
She urged that the tragedies in Gaza should not be ignored. #trending

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‘Left wing lunatic’: Trump tears into Kamala Harris in major rally

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Donald Trump is ramping up his attacks on Kamala Harris – his new opponent in the November election. But will it be enough to stop her?