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‘Prosecute/Fauci’: Elon Musk stirs yet another pot on Twitter

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Twitter boss Elon Musk has come under fire for suggesting U.S. infectious disease expert should be prosecuted

Health practitioners are among those condemning Elon Musk for a tweet, which suggested top U.S. infectious diseases expert, Anthony Fauci should be prosecuted.

Fauci was a senior advisor to the U.S. Government during the height of the Covid-19 pandemic.

On Twitter, Musk wrote “My pronouns are Prosecute/Fauci.” It follows a campaign by some Republican lawmakers who are seeking to charge Dr Fauci with crimes because of his health advice.

Musk has recently removed a former Twitter policy, which targeted Covid-19 misinformation.

The policy reversal led to singer Elton John leaving the social media platform, which Musk acquired for $44 billion.

“I’ve decided to no longer use Twitter, given their recent change in policy which will allow misinformation to flourish unchecked,” the 75-year-old singer said.

Meanwhile, NASA astronaut Scott Kelly told the Twitter CEO not to “mock and promote hate toward already marginalized and at-risk-of-violence members of the #LGBTQ+ community.”

Kelly said Dr Fauci is a “dedicated public servant”, who was tasked with saving lives when the pandemic began.

Lawmakers have also debated Musk’s original tweet. Democratic Senator Amy Klobuchar said Dr Fauci “calmly guided our country through crisis”.

Ms Klobuchar also asked Musk to “leave a good man alone in your seemingly endless quest for attention.”

However, Republican officials have sided with Musk.

Marjorie Taylor Greene tweeted “I affirm your pronouns Elon”. She had been removed from the social media platform over Covid-19 misinformation.

Ms Taylor Greene is one of several Republicans who have announced a probe into Dr Fauci’s handling of the pandemic.

Dr Fauci will leave his post later this month. He has been the Director at the National Institute for Allergies and Infectious Diseases since 1984.

Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

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Workers rush back to their desks over job fears

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Workers across Australia are rushing back to their desks, driving office utilisation rates to their highest levels since February 2020.

Tuesdays, Wednesdays, and Thursdays emerge as the busiest in-office days, contrasting with the continued reluctance to return on Fridays.

This insight, drawn from XY Sense data based on 18 enterprise customers in Australia employing approximately 68,000 individuals across 127 buildings, reflects a significant shift in workplace dynamics.

The surge in office attendance coincides with a resurgence in workplace attendance mandates and policies linking physical presence to bonuses and performance reviews.

However, co-founder of XY Sense, Alex Birch, suggests that rising job insecurity, rather than these policies, primarily drives this behavioral shift.

“The pendulum has moved towards the employer, and therefore people feel more obliged to go back into work,” commented Mr. Birch.

Job market

Danielle Wood, chairwoman of the Productivity Commission, anticipates this trend to persist as the job market softens.

She notes a disparity between employer and worker perceptions regarding the productivity benefits of hybrid work arrangements, hinting at potential shifts in the employment landscape.

Meanwhile, economists at the e61 Institute observe a partial reversal of the pandemic-induced “escape to the country” trend.

Rent differentials between regional and capital city dwellings, which narrowed during the pandemic, are now widening again.

This trend suggests a diminishing appeal of remote work options and a return to urban commuting.

Aaron Wong, senior research economist at e61, said the emergence of a “new normal,” characterised by a hybrid lifestyle that blends access to office spaces with proximity to lifestyle amenities such as natural landscapes.

While regional rents decline, rents for homes on the urban fringe surge, reflecting evolving preferences shaped by remote work opportunities.

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Why resilient economy is fuelling demand for Australian property

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Despite inflationary pressures, Australian house prices have surged to a record high for the fifth month in a row, as indicated by CoreLogic data.

Australian house prices have not only weathered inflation but have also soared to unprecedented levels, marking the fifth consecutive month of record highs, according to data from CoreLogic.

This resilience reflects the enduring demand for property in the country, showcasing the sustained interest of buyers despite challenging economic conditions.

VentureCrowd’s Head of Property, David Whitting, talks how investors can access alternative ways of property investing.

Presented by VentureCrowd #funding futures #housing #economy

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Three reasons why you don’t need to panic about inflation

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Inflation in the US has exceeded expectations for the third consecutive month, driven by increases in essential commodities such as oil, electricity, takeaway food, and medical costs.

  1. Despite a 3.8% year-on-year rise in CPI, it’s notable that this figure has decreased from its previous 9% high.
  2. The robust CPI and economic growth numbers suggest a positive outlook for US corporate earnings.
  3. The S&P500 has seen five 1% drops this year, all of which were met with investors buying the dip.

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