Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Australian households brace for energy price hike on July 1

Published

on

Many people already feeling the crunch of rising living costs are set to be hit once again come the new financial year

 
While inflation has finally begun cooling in Australia, it’s been a tough few months for many people.

Especially when the cure for it can bite just as bad as the disease in the short term.

The Reserve Bank of Australia frustrated many when it increased interest rates to 4.1 per cent in June – a level not seen since early 2012.

As if it wasn’t hard enough already, energy prices are set to rise in the new financial year.

Over a quarter of Australian adults say their savings are going backwards, and half aren’t able to save as much as they usually could as they are dipping into their savings to cover everyday costs.

That’s according to a new survey of 3,000 people conducted by Compare the Market.

Compare the Market’s General Manager of Money, Stephen Zeller, said the report held a mirror to a nation dealing with surging inflationary pressures and cash rate rises.

“There has been unprecedented financial change in the last 12 months and unfortunately the turmoil doesn’t look likely to end anytime soon,” Mr Zeller said.

Continue Reading

News

Global leaders look to shape tech futures

Published

on

From disputed pay packages to tariff threats, global leaders are making waves in tech, trade, and innovation.

A U.S. judge has once again denied Elon Musk’s controversial $56 billion Tesla pay package, raising questions about the company’s governance practices. Meanwhile, Donald Trump’s tariff threats against BRICS nations could derail de-dollarization efforts, adding tension to global trade dynamics.

Concerns are also growing around Super Micro Computer audits, which have sparked fears of potential vulnerabilities in the tech sector. Additionally, Intel CEO Pat Gelsinger has announced his departure, leaving questions about whether his efforts to revitalise the company met expectations.

These developments underline the influence of leadership on shaping the global tech landscape, as decisions continue to ripple across industries.

Continue Reading

News

Teens make use of AI in education as ‘Brain Rot’ goes mainstream

Published

on

A recent study sheds light on how teenagers are turning to generative AI for both social and academic purposes.

 

From using chatbots for emotional support to leveraging AI for essay writing, the study reveals both the creativity and risks associated with these tools.

Parents, however, are struggling to keep up. Many are unaware of how extensively their children engage with AI and lack understanding of its potential risks. The gap in awareness highlights the need for ethical discussions and better parental guidance around generative AI.

Meanwhile, Oxford’s 2024 Word of the Year, “brain rot,” captures a growing cultural concern. The term, which originally appeared in the 19th century, now reflects the mental toll of consuming trivial and excessive online content. Its resurgence signals a collective awareness of the evolving relationship between technology and mental health.

Experts say these trends point to the need for critical conversations about the role of AI and social media in shaping our habits and well-being.

Continue Reading

News

Democrats move to resist Trump deportation plan

Published

on

Los Angeles officially declared itself a sanctuary city in a direct challenge to the incoming Trump administration’s plan to deport those in the U.S. illegally.

As one of the largest cities near the southern border, LA’s decision has sparked significant debate over the role of local governments in federal immigration matters.

City Council took the bold step by passing the sanctuary city ordinance, ensuring that no local resources are used to assist federal immigration enforcement.

Additionally, the city’s public school system has doubled down on its sanctuary status, passing emergency resolutions to protect undocumented students.

Critics argue that such actions undermine federal law and set a dangerous precedent, raising questions about the balance between local autonomy and national enforcement.

Keith Hanson the CEO of QUX Technologies, and a veteran law enforcement expert joins Veronica Dudo to discuss.

Continue Reading

Trending Now