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

News

Here’s what will change following the Queen’s death

Published

on

Following the Queen’s death, here’s everything that will change

She is the only British monarch most of us ever known, and now Queen Elizabeth the second has passed away at the age of 96.

Emotional mourners gathered outside Buckingham Palace in huge numbers to pay their respects, lay flowers and light candles.  They also sang ‘God Save the Queen’ in honour of the witty, genuine and caring woman who has been part of the fabric of our lives for decades.

But as Her Majesty is laid to rest, a new era begins.

When Elizabeth’s father George died on February 6 1952, the former Princess immediately became Queen. The same process has now happened with her son, Prince Charles, who takes the new title of King Charles the third.

Next are the many royal symbols which will also officially change, heralding the reign of the new monarch.

First, there’s the flags

From those flying on naval ships to the ones sitting above police stations, they will all need to be replaced. There’s also a chance that the flag which flies wherever the monarch is in residence, could also change.

The current version sports a a lion for Scotland, a harp for Ireland and three lions for England. But it fails to recognise Wales. This is because the Queen has reigned for so long, it has been in use before the country even had its own national flag.

It’s likely Charles will opt to incorporate a Welsh element. 

When it comes to bank notes, there are 4.5 billion circulating with Elizabeth’s face on them.

Replacing these will be a big task, and one which will likely take at least two years.

Then there’s this famous tune

Britain’s national anthem ‘God Save the Queen’ is now ‘God Save the King’. For 70 years, Britons have recited the same lyrics, so changing this habit might take some time.

There’s also a few changes that most of us won’t notice – like barristers who have previously held the title of Queen’s Counsellor.

As per tradition, in the United Kingdom and some Commonwealth countries, senior trial lawyers are known as a King’s Counsel during the reign of a king, or Queen’s Counsel during the reign of a queen.

While there’s not yet been any official indication that we will in fact see these changes, history has shown us that when a new monarch emerges, so do the tributes that appear in their honour.

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.

Continue Reading

News

Appeals court halts Trump’s attempt to fire Cook

Appeals court blocks Trump’s attempt to remove Lisa Cook from Federal Reserve ahead of crucial interest rate meeting

Published

on

Appeals court blocks Trump’s attempt to remove Lisa Cook from Federal Reserve ahead of crucial interest rate meeting

video
play-sharp-fill
In Short:
– A federal appeals court has blocked Trump’s attempt to remove Lisa Cook from the Federal Reserve board.
– Trump’s expected Supreme Court appeal raises concerns about the Federal Reserve’s independence and market stability.
A federal appeals court has blocked President Donald Trump’s attempt to remove Lisa Cook from the Federal Reserve board.
The decision comes just before a crucial meeting regarding potential interest rate changes.The court determined that the Trump administration did not meet the requirements for an appeal against a prior ruling that had already blocked Cook’s removal.

Cook has faced allegations of mortgage fraud, which she denies. Her lawyers assert she has not committed any wrongdoing, and documentation reviewed by NBC News supports her position.

Banner

Trump is expected to appeal this ruling to the Supreme Court.

The legal context for Cook’s position at the Federal Reserve highlights that removal can only occur “for cause,” under the Federal Reserve Act. Analysts warn that firing Cook may destabilise the Federal Reserve, which is critical for market stability.

Legal Context

The Supreme Court has previously distinguished the Federal Reserve from other federal agencies, underlining its unique structure.

Concerns have escalated regarding the implications of Trump’s actions on the independence of the Federal Reserve and broader economic stability.


Download the Ticker app

Continue Reading

News

Chinese auto brands dominate, taking one in five Aussie sales

Chinese car brands surge in Australia, capturing 20% market share with diverse offerings and aiming for expansion despite challenges

Published

on

Chinese car brands continue to rise in Australia, capturing 20% market share with a diverse range of EV offerings.

In Short:
– Over 20 Chinese car brands, including BYD and MG, are now available in Australia, with four in the top ten.
– Traditional automakers are adapting to increased competition and concerns about the quality of new Chinese entrants.

Australia is witnessing a significant increase in the presence of Chinese car brands, with over 20 names currently available, including BYD, GWM, and MG. In August, four Chinese brands ranked in the top ten for the first time, indicating a growing market share.Banner

Australia’s low trade barriers facilitate the entry of these brands, which view the market as an opportunity for growth and learning. Most electric vehicles sold outside of Tesla are Chinese, showcasing their dominance even in models from other manufacturers.

Industry analyst Mike Costello from Cox Automotive joins to discuss the latest developments in the EV space, and answers the big question: who was the dominate force at this year’s Munich Motor Show?

Continue Reading

Money

RBA plans to ban credit card surcharges in Australia

Reserve Bank of Australia plans to ban credit card surcharges despite banks warning of potential higher fees and weaker rewards

Published

on

Reserve Bank of Australia plans to ban credit card surcharges despite banks warning of potential higher fees and weaker rewards.

In Short:
– The RBA plans to ban surcharges on debit and credit card transactions, supported by consumer group Choice.
– Major banks oppose the ban, warning it could lead to higher card fees and reduced rewards for credit card users.

The Reserve Bank of Australia (RBA) intends to implement a ban on surcharges associated with debit and credit card transactions. Consumer advocacy group Choice endorses this initiative, arguing that it is unjust for users of low-cost debit cards to incur similar fees as credit card holders.Banner

The major banks, however, are opposing this reform. They caution that the removal of surcharges could prompt customers to abandon credit cards due to diminished rewards.

A final decision by the RBA is anticipated by December 2025.


Download the Ticker app

Continue Reading

Trending Now