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The next Australian city to host the Olympics

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The state of Queensland in Australia’s North is one step closer to hosting the 2032 olympics.

Brisbane, the capital of Queensland, has won approval to host the olympics in 11 years time.

The International Olympic Committee says the sunshine state has favourable climate conditions and has hosted international events before.

The decision essentially guarantees that Brisbane will be officially anointed the host city when IOC members cast their vote on July 21.

IOC president Thomas Bach said the board looked “in depth in all aspects of Brisbane 2032” as well as “the strong support across the entire political spectrum in Australia”.

“The Brisbane 2032 Olympic project shows how forward-thinking leaders recognise the power of sport as a way to achieve lasting legacies for their communities.”

The tokyo olympics are set to be held next month after being delayed due to covid-19.

Should the Tokyo Olympics go ahead?

As Japan struggles to contain its fourth wave of COVID-19 infections, there is overwhelming public opposition in the country to the Summer Games going ahead this year.


Japan’s Asahi Shimbun, an official partner of the Tokyo 2020 Olympics, has this week called for the Games to be cancelled.

But with the opening ceremony scheduled to take place in under two months, is it too late for the major sporting event to be postponed, or even cancelled altogether?

Stephen Nagy, a Senior Associate Professor in the Department of Politics and International Studies at the International Christian University in Tokyo, spoke with Ticker News.

Here’s more of the story here.

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NASA astronauts phone home, confident Boeing’s Starliner will return to Earth safely

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Stranded NASA astronauts express confidence in Boeing’s Starliner spacecraft, assuring its capability to safely transport them back to Earth from the International Space Station.

The astronauts, over a video call to NASA, highlighted Starliner’s enhanced safety features and testing protocols as reassuring factors for their safe return.

“I have a real good feeling in my heart that this spacecraft will bring us home, no problem…”, said Sunita “Suni” Williams, one of the stranded NASA astronauts.

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Leaders

Franchising vs. Independent: key differences to choosing the right SMB model

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With latest Australian Federal budget, many SMB’s are weighing their options when selecting a suitable business model.

Franchising provides brand recognition, operational support, and economies of scale but involves ongoing fees.

Independent businesses offer full control and profit retention but face higher costs and regulatory challenges.

For risk and reward, the franchising model reduces risk through established practices and support but involves ongoing fees and profit-sharing with the franchisor.

On the alternative, independent businesses retain full control of profits but face higher risks and responsibilities in managing the business.

Sonia Shwabsky, CEO at Kwik Kopy Australia, joins to share her key insights on SMB’s. #featured

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Money

Boeing face delivery delays following guilty criminal charge plea

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Boeing’s deliveries are down after months of controversy, is it because they can’t make the planes, or because airlines right now don’t want them?

Boeing has agreed to plead guilty to a charge of conspiracy to defraud the United States in connection with the investigation into two fatal crashes involving its 737 MAX aircraft.

Boeing reported a significant 27% decrease in deliveries for June compared to the same month last year, possibly attributing the decrease to the companies ongoing controversies.

Aviation expert Geoffrey Thomas joins to discuss. #featured

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