News

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.

The Whyalla steelworks is experiencing a positive turnaround with a workforce expansion and potential sale on the horizon. The administrator praised the "MacGyver-like" ingenuity of the local workforce, who have been instrumental in keeping the business operational despite challenging circumstances.

Opposition leader Peter Dutton will unveil his election platform in his budget reply speech on Thursday, focusing on cost of living relief, energy security, and public service efficiency. He has criticized Labor's tax cuts as an "election bribe" and hinted at his own tax plan, while the Coalition aims to reduce the public service by 41,000 jobs through attrition.