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Tech, NFTs, & Science: Celebrating International Day of the Girl

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What do you get when you pair the digital generation with International day of the Girl? Girl Power of course!

“Digital generation, our generation”, the messaging behind this year’s International Day of the Girl

October 11 marks the International Day of the Girl (IDG) with digital inclusion and literacy among the themes celebrated in this year’s United Nations (UN) event.

An observance day declared by the United Nations, IDG recognises girl’s rights while empowering young females to pursue in global opportunities.

Each year the honorary day supports a theme – typically an area that girl’s lack access to or a divide is experienced.

This year’s theme is “digital generation, our generation”, where UN Women, agencies and civil society are working to promote equal access to the internet and digital devices for young women.

Independent, non-profit organisation UN Women says digital literacy and inclusion opens up new learning and working opportunities for girls.

COVID-19 has also reinforced the need for skills in technology as more services move to the digital space.

“The pandemic has deepened the gender divide around connectivity and online safety, with girls facing economic and social barriers to internet and device access,” the UN Women organisation said in a blog post.

#DayoftheGirl

Many have taken to social media globally to support the movement advocating for equal access and inclusion to digital technology and innovation.

This includes a number of female-empowerment advocates and People of Colour leaders including US Vice Preside Kamala Harris.

“On this International Day of the Girl, I want to say this to our girls: dream with ambition and know that there are no limits to what you can be.”

Kamala Harris

Pakistani activist Malala Yousafzai and Former US First Lady Michelle Obama also took to twitter.

The pair promoted their charities Malala Fund and Girls Opportunity Alliance which both support girl’s and women’s rights.

UN Women are calling all girls and women to join the cause, suggesting a number of international hashtags that social media users can peg on their posts.

This includes #DayoftheGirl and #GenerationEquality in English, #DíaDeLaNiña and #GeneraciónIgualdad in Spanish and #JournéeDeLaFille and #GénérationÉgalité in French.

An NFT in the name of Girls

International Day of the Girl is also a reflection of the efforts and sacrifices many hardworking women are making to help drive change.

Maliha Abidi, a 25-year-old Pakistan-born artist and neuroscience student, is one of these women.

She’s about to launch NFT Women Rise, a collection of 10,000 non-fungible tokens stored on blockchain which represents the work of female activists, artists, coders and scientists.

Yet, while society is progressing and becoming more inclusive of females, there’s still a considerable amount of room for improvement.

No to gender quotas – but yes to women in science

As we celebrate International Day of the Girl, the head of the academy that awards the Nobel Prizes in Science says gender quotas will not be introduced.

“[We want people to win] because they made the most important discovery…not because of gender or ethnicity,” Goran Hansson, head of the Royal Swedish Academy of Sciences, says.

Since the award’s introduction in 1901, only 59 recipients of the Nobel Prize were women.

This year, Maria Ressa was the only woman to receive an award, sharing the Nobel Peace Prize with journalist Dmitry Muratov. for their efforts to “safeguard freedom of expression”.

Mr Hansson says it’s sad that there are so few women Nobel laureates.

“It reflects the unfair conditions in society, particularly in years past, but still existing,” Mr Hansson told the AFP news agency.

“And there’s so much more to do,”

However he argues that implementing gender quotas would not be “in line with the spirit of Alfred Nobel’s last will”.

Only 10 percent of the professors in natural sciences in Western Europe or North America are women, another factors which resonates with the low number of female nominees.

Mr Hansson says he will continue his efforts to invite and include more female scientists in the awards, but calls on society to help encourage more women to pursue a future in science.

“We need different attitudes to women going into sciences… so that they get a chance to make these discoveries that are being awarded.”

Here’s how you can get involved

While there may still be a long way to go in supporting girl’s and their future, UN Women say there’s still a lot society can do to spread the word about gender equality.

“Share stories / blogs / videos of inspiring adolescent girls who are tech trailblazers while collectively amplifying our call to action to expand these pathways for every girl, everywhere,” UN Women says.

They’re calling on everyone to amplify their commitments in overriding the gender divide while helping girls develop their technological skills.

“We must take a strong generational gender lens to the digital divide if we are to achieve meaningful and sustainable change for a digital revolution by, with and for all.”

Written by Rebecca Borg

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Coalition’s nuclear plan cheaper than Labor’s renewable rollout

Coalition’s nuclear plan to save $263 billion compared to Labor’s renewables, promising cheaper electricity and lower emissions by 2050.

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The Coalition claims its nuclear power plan will save $263 billion compared to Labor’s renewable energy strategy by 2050, resulting in lower electricity costs.

Economic modelling conducted by Frontier Economics estimates the Coalition’s plan, which aims for net zero emissions by 2050, will cost $331 billion.

In contrast, Labor’s renewable energy plan is projected to cost $594 billion according to the modelling.

Opposition Leader Peter Dutton plans to share these findings, stating that the analysis supports their position that Australians will benefit from the Coalition’s approach.

Dutton claims that fewer hidden costs and reduced infrastructure expenses will lead to lower energy prices.

He noted that many advanced economies are increasing their nuclear capabilities and urged Australia to do the same.

Seven plants

The Coalition’s model includes seven nuclear power plants, with renewable energy still providing 54% of the National Electricity Market by 2050 and nuclear contributing 38%.

Labor’s strategy anticipates that 94% of power generation will come from renewable energy by the same year, with 90% of coal-fired power exiting the system by 2034.

However, coal may need to operate longer in the Coalition’s scenario until nuclear power is online.

The Coalition’s plan also suggests a reduced reliance on gas due to a lower number of renewables needing stabilisation.

Dutton committed to constructing and operating seven nuclear plants, with the first expected to be operational as early as 2036.

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Tech giants face new Australian news payment policy

ByteDance joins Meta, Google in Australia’s new news payment policy; potential charges for social media platforms begin January 1.

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TikTok’s parent company ByteDance will join Meta and Alphabet in paying new levies for Australian news unless they reach agreements with publishers.

Apple and Microsoft may also be affected if their revenues in Australia exceed $250 million annually.

Labor’s policy seeks to compel Meta to negotiate after it previously refused to pay for news.

Under the proposed legislation, the Australian Taxation Office will impose an annual levy on social media and search companies, exceeding the current news media bargaining code’s value of about $200 million annually.

Companies that negotiate payments to news publishers can offset these payments against their levy.

For example, if a platform faces an $11 million levy with a 10% uplift, it must secure at least $10 million in deals to avoid paying the ATO.

News Distribution

Any shortfall between deals and the annual charge will be collected by the ATO and distributed to publishers.

Final policy details will emerge after consultations early next year.

The law takes effect on January 1, emphasizing quick negotiations with tech companies.

Assistant Treasurer Stephen Jones clarified that the policy aims to facilitate negotiations, not increase government revenue, stating that digital platforms benefit financially from Australia and should support quality journalism.

Labor’s decision follows Meta’s refusal to renegotiate under the existing bargaining code, which could lead to significant job losses in journalism.

The Labor-controlled committee has deemed the current code “broken” and called for an alternative.

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Australia’s unemployment rate drops, impacting interest rates

Australia’s unemployment hits 3.9%, challenging rate cut prospects; strong jobs growth influences RBA’s inflation outlook and future rate decisions.

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Australia’s unemployment rate fell to 3.9% last month, highlighting a robust job market and influencing interest rate forecasts.

The Australian Bureau of Statistics reported an increase of 35,600 jobs, marking the unemployment rate’s first decline below 4% since March.

Economists attribute this growth primarily to expansion in public service and government-funded roles in healthcare and education.

Source: AFR/ABS

Following the job report, Australian shares lost momentum while the local dollar rose by 0.7%, reflecting positive market reactions.

Despite the strong job numbers, Reserve Bank of Australia Governor Michele Bullock indicated a potential cash rate cut from 4.35% as early as February, suggesting confidence in returning inflation to the target range.

New expectations

This shift in the RBA’s stance revives expectations for a pre-election rate cut by the Albanese government, which had seemed unlikely amid solid job data.

NAB’s head of market economics, Tapas Strickland, noted that the employment figures may challenge the RBA’s confidence in its inflation projections.

The current unemployment rate averages 4% this December quarter, below the RBA’s prediction of 4.3%.

Betashares chief economist David Bassanese suggested that the strong employment report diminishes chances for a February rate cut, with May seen as a more likely time for adjustment post-election.

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