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Debt will spiral if Australia fails on climate change

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scott Morrison

New government planning says a failure to respond to climate change will cause Australia’s debt to spiral

It’s predicted that the nation’s cost of capital will increase by 100 basis points without a proper strategy to reach net zero.

The admission was found buried in an annex of analysis… and is likely the first instance a major government has published such a report.

Investors have been piling the heat on the Australian government recently… with many concerned about the country’s continued reliance on coal… with Sweeden’s central bank recently dumping its bonds with two states.

The Climate Bonds Initiative says “it’s a recognition of what’s going on in the world… and investors are becoming very conscious of climate risk”.

Countries rights around the world are readily adopting net-zero strategies… including fellow fossil fuel exporters, Saudi Arabia and the UAE.

But Australia’s plan will see the country only cut the number of greenhouse gases being produced by a third… while also being dependent on yet to be developed eco-technologies.

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Why Australia is becoming the new home of the Hollywood blockbuster

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Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

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Portal between countries shut down after international flashing

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An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

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U.S. home prices surge 47%

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American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending

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