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Gangland execution in Melbourne leads to retaliation fears

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The daylight execution of Melbourne’s notorious gangland figure, Gavin Preston, at a cafe in Keilor Village has prompted concerns of retaliatory violence.

The incident has raised questions about the potential escalation of a gang war in Melbourne.

Gavin Preston, commonly known as “Capable,” was fatally shot in broad daylight while dining at Sweet Lulus cafe, with another man in his 20s critically injured in the attack. Security camera footage captured the horrifying moment when a hooded gunman, dressed in black, approached Preston and the other victim, firing multiple shots before quickly fleeing the scene in a black SUV.

No gang war

Despite the shocking nature of the crime, Victorian Premier Daniel Andrews sought to reassure the public, downplaying fears of a burgeoning gang war. He expressed confidence in the resolve of Victoria Police to apprehend the perpetrators and bring them to justice, emphasizing that the safety of the community remains a top priority.

When questioned about the possibility of an escalation in gang-related violence, Premier Andrews stated, “I have no advice to suggest that that’s likely.”

The incident remains under investigation, with police launching a major manhunt to locate the culprits. Detectives are urging witnesses or individuals with dashcam footage related to the shooting to come forward and assist in the ongoing investigation.

Gavin Preston, a prominent figure in Melbourne’s underworld, had been released from Barwon Prison earlier this year after serving an 11-year sentence for defensive homicide. His violent death at the cafe has reignited concerns about organized crime in the city.

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The EV transformation expands to legacy vehicles

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This week witnessed another milestone in the automotive industry as the legendary Mercedes-Benz G-Wagen embarked on its electric journey, aligning with global sustainability efforts.

Simultaneously, Toyota and Mazda debuted EV offerings tailored for the booming Chinese market, signalling a strategic shift towards collaboration with advanced Chinese partners.

While the electric G-Wagen promises both eco-friendliness and off-road prowess with its innovative design, questions arise about Japanese automakers’ perceived lag in EV development, countered by the strategic imperative to tap into the rapidly growing Chinese EV market. As automotive icons embrace electrification and traditional players adapt through partnerships, it’s clear that collaboration and innovation will drive the future of mobility.

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The degree dilemma, income shifts, debt, and dream homes

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As individuals face the daunting choice between paying off student debt, saving for a first home deposit, or exploring alternative options like rentvesting, careful consideration of various factors becomes imperative.

 

In the midst of these challenges, a couple in the inner north ingeniously employed a strategy to realise their dream of a larger home while managing HECS debt and affordability hurdles.

Rentvesting emerges as a viable solution for individuals grappling with the burdens of high HECS debt and property affordability issues.

Moreover, the decreasing income premium tied to a university degree is closely intertwined with changing economic dynamics and shifts in the job market, underscoring the need for innovative approaches to education and financial planning in today’s society.

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President Biden signs TikTok bill – what’s next?

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TikTok users could soon find that the popular social media service is either under new ownership or could be outright banned in the United States.

President Joe Biden signed a bill into law that requires TikTok to find a new owner—or face a ban in the United States.

Over the past several months, Washington D.C. has been under pressure to ban the popular Chinese-owned social media app.

Lawmakers and security experts have long raised concerns that the Chinese government could tap TikTok’s trove of personal data about millions of U.S. users.

TikTok’s CEO said the bill is disappointing and reiterated that the company has committed to challenge it.

David Zhang from China Insider. joins Veronica Dudo to discuss

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