News

Australians have responded to the 2023 budget with mixed reactions, with some praising the immediate benefits while others calling for a more comprehensive and forward-looking approach to address the nation's long-term challenges. The LNP's response to the budget, expected on Thursday night, will likely further shape the public discourse and influence voters' decisions in the upcoming federal election.

Western Australia is expected to be a crucial battleground in the upcoming federal election, with the government allocating significant funding to the state in its final budget before the polls. The budget includes support for phasing out live sheep exports, road infrastructure, education, and trauma-informed sexual assault legal services.

The United States is facing a major egg crisis due to a devastating bird flu epidemic, leading to skyrocketing prices, shortages, and desperate measures like smuggling eggs from Mexico. The government is importing eggs from other countries and considering allowing the sale of eggs from broiler chickens to address the crisis.

Athletics Australia and Gymnastics Queensland expressed concerns over the lack of legacy facilities for their sports in the Brisbane Olympics plan, while Rowing Queensland criticized the choice of the Fitzroy River for paddle events. However, Brisbane secured the first Test of the summer after the Olympics, providing a major boost to the city.

The global economy is teetering on the brink of a downturn, weighed down by a confluence of factors including sluggish growth, escalating trade wars, and the potential breakdown of the globalized economy. These challenges threaten to derail the fragile recovery and plunge the world into another recession, with potentially severe consequences for businesses, consumers, and global economic growth.