News

Government’s international student cap bill faces strong opposition

Government’s plan to cap international student enrolments opposed by Coalition and Greens, leaving future of legislation uncertain.

Published

1 year ago

November 18, 2024

ticker NEWS

The government’s plan to limit the number of international students starting next year faces challenges as the Coalition and the Greens oppose the bill.

Labor aimed to return temporary migration numbers to pre-pandemic levels while addressing concerns about untrustworthy education providers. They proposed a cap of 270,000 international students for the upcoming year.

With just two weeks until the proposed January 1 start date, the Coalition criticised the legislation as disorganized, asserting it would not adequately address the issues at hand.

The Coalition’s education spokesperson, Sarah Henderson, along with others, stated that the proposed cap was insufficient to tackle the current crisis.

Both major parties are interested in lowering Net Overseas Migration, but their targets differ significantly. The government anticipates a figure of 260,000 while the Opposition seeks a cap of around 160,000.

Migration credibility

Education Minister Jason Clare remarked that the Coalition’s stand against the bill would undermine Peter Dutton’s credibility on migration matters, emphasizing the contradiction in their approach.

The Greens opposed the bill as well, calling it a mischaracterized migration policy and criticizing Labor’s strategy.

If the bill fails to pass by the end of the month, Ministerial Direction 107 will continue, a regulation that prioritizes certain student applications, disproportionately benefiting larger universities over regional ones.

The education sector has voiced concerns that this direction has led to a significant drop in higher education visa applications this year.

News

SpaceX IPO could make Elon Musk’s Mars dream a trillion-dollar reality

SpaceX’s upcoming IPO could raise $25 billion and value the company over $1 trillion, igniting investor excitement for Mars missions.

Published

1 day ago

December 12, 2025

Harvey Vargas

SpaceX’s upcoming IPO could raise $25 billion and value the company over $1 trillion, igniting investor excitement for Mars missions.

Investors are buzzing as SpaceX gears up for a potential IPO, aiming to raise more than $25 billion, possibly as soon as June. The offering could value the company at over $1 trillion, fueling Musk’s ambitious plans for Mars and beyond.

Despite the high-risk nature of space ventures, demand from retail investors is expected to be strong. Experts predict this IPO could become historic, with the company’s market value potentially soaring past $2 trillion once it launches.

Musk’s unconventional management style hasn’t slowed investor enthusiasm, even amidst regulatory hurdles. The funds raised could also support groundbreaking innovations, including energy-efficient space data centers.

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#SpaceX #ElonMusk #IPO #MarsMission #Investing #StockMarket #TrillionDollar #SpaceTech

News

Russia shoots down 280+ Ukrainian drones as Zelenskyy pushes new peace plan

Russia claims 280 Ukrainian drones shot down; Zelenskyy finalizes a new peace proposal amid rising tensions and military clashes.

Published

1 day ago

December 12, 2025

Harvey Vargas

Russia claims 280 Ukrainian drones shot down; Zelenskyy finalizes a new peace proposal amid rising tensions and military clashes.

Russia’s Defence Ministry claims it has shot down over 280 Ukrainian drones, with 40 intercepted near Moscow, some targeting the city directly. Emergency services responded to debris, and temporary flight restrictions were enforced at Moscow’s airports amid the attacks.

Meanwhile, President Zelenskyy revealed his team is finalizing a revised 20-point peace proposal, introducing new ideas on territorial control. Ukrainian and American officials are set to consult online, focusing on security guarantees rather than the detailed points of the plan.

As tensions rise, both military clashes and diplomatic efforts continue to shape the future of the conflict. Keep up with the latest updates and expert analysis on these unfolding events.

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#UkraineConflict #RussiaUkraine #Zelenskyy #DroneAttack #PeacePlan #Moscow #WorldNews #TickerUpdates

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Disney invests $1B in OpenAI to generate Marvel, Star Wars, and Pixar videos

Disney invests $1 billion in OpenAI for AI-generated videos featuring iconic characters, enhancing fan interactions and launching in 2026.

Published

1 day ago

December 12, 2025

Harvey Vargas

Disney invests $1 billion in OpenAI for AI-generated videos featuring iconic characters, enhancing fan interactions and launching in 2026.

Disney is taking AI to the next level, investing $1 billion in OpenAI to create a licensing deal that allows users to generate videos featuring more than 200 characters from Disney, Marvel, Star Wars, and Pixar. This partnership could redefine how fans interact with their favorite characters.

The deal will let users stream short AI-generated videos directly on Disney+, and ChatGPT will also produce images of Disney’s licensed characters. However, the agreement excludes talent likenesses or voices, keeping human performances separate.

Set to launch in 2026, the collaboration also gives Disney warrants to purchase additional OpenAI equity and use AI tools for product development, opening doors to new creative opportunities.

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