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Australia’s richest person spotted at Trump’s launch

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Australia’s richest person, Gina Rinehart, spotted at Donald Trump’s exclusive campaign launch

As Trump launched his 2024 presidential campaign, Australia’s richest person, Gina Rinehart, was in attendance at the exclusive event.

Rinehart was outed in a social media post by Eric Trump, seen wearing her signature pearl necklace.

Australia’s richest person was sitting behind Eric and his wife, Lara, as seen in a selfie posted to Instagram by the former U.S. president’s third son.

Rinehart is estimated to be worth $32.4 billion. But despite her wealth, she won’t be allowed to donate to Trump’s campaign.

U.S. laws prevent foreign nationals from making any kind of contribution or donation in connection with any of the nation’s elections.

Regardless, Rinehart has previously praised Trump and has a close association with conservative politics.

In Florida, from his infamous Mar-a-Lago estate, Trump declared his presidential bid, met with echoed chants of his name.

He believes America is a failing nation, and is suffering a decline under current U.S. President Joe Biden.

He said inflation has never been higher and people are hurting under the Democratic party’s rule.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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