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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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Why are Americans moving abroad?

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Inflation and the rising cost of living in the Unites States is motivating Americans to consider moving to other countries.

Have you ever dreamed of working or retiring abroad?

Well, more and more Americans are discovering that their income can stretch much further in other countries, allowing them to save more, pay off debts, and even get ahead financially.

Kelli Maria Korduck a contributor with Business Insider joins Veronica Dudo to discuss why Americans are deciding that the only way to get ahead is to leave.

#IN AMERICA TODAY #featured #livingabroad #movingabroad #inflation #travel

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Boston Dynamics’ electric marvel or robot contortionist?

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Boston Dynamics has recently unveiled its latest creation, the electric Atlas robot, boasting enhanced agility and strength.

However, with its uncanny ability to contort and rise from the ground with an almost eerie grace, one might wonder if we’re witnessing the birth of the world’s first robot contortionist.

As this technological marvel flaunts its capabilities, one can’t help but ponder if we’re on the brink of a future where household chores will be effortlessly handled by robots moving like a fusion of ballet dancers and horror movie monsters.

With its cadaver-like movements and illuminated head, it’s hard not to speculate whether Atlas is destined to revolutionise robotics or simply rehearsing for a techno-horror rendition of The Nutcracker. As Boston Dynamics continues to push the boundaries of robotics, the line between science fiction and reality becomes increasingly blurred.

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The Coffee confusion causing health concerns

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As the morning sun peeks through the curtains, many reach for that familiar brew, kickstarting their day with a comforting cup of coffee.

It’s a ritual ingrained in cultures worldwide, offering a jolt of energy to combat the grogginess of dawn.

But when is the optimal time for that caffeine fix? According to registered dietitian Anthony DiMarino, RD, LD, the answer isn’t crystal clear.

Some experts suggest delaying that first sip until mid-morning or later. However, DiMarino reassures coffee lovers that there’s no one-size-fits-all answer to this dilemma.

Meanwhile, the science behind coffee production unveils fascinating insights into its instant variant. Whether produced through freeze-drying or spray-drying methods, instant coffee offers convenience without sacrificing flavor.

Yet, beyond convenience, recent studies delve deeper into coffee’s impact on our bodies. Research exploring the acute effects of decaffeinated versus caffeinated coffee reveals intriguing findings on reaction time, mood, and skeletal muscle strength.

Moreover, investigations into the gut microbiome shed light on coffee’s influence on liver cirrhosis patients. A study analyzing the duodenal microbiome in this population found correlations between coffee consumption and microbial richness and evenness.

So, as you sip your coffee and ponder the day ahead, consider not just the flavour in your cup but also the subtle impacts it may have on your body and mind.

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