Australia's economy is experiencing a complex situation with declining inflation and rising real wages, but concerns remain about eroded purchasing power and declining productivity. The RBA acknowledges the challenges and is working towards solutions, but households will likely continue to feel financial pressure until the situation improves.
WA Legalise Cannabis MLC Brian Walker has drawn criticism for suggesting a link between childhood vaccinations and autism, advocating delaying MMR vaccines until children are eight. His controversial remarks have gained increased attention as WA Labor loses its majority, making crossbench votes potentially influential in passing future legislation.
Star Entertainment CEO Steve McCann narrowly avoided administration for the struggling casino giant through a complex financial package and a potential takeover offer from US casino group Bally's. However, the company's future remains uncertain as it grapples with declining revenue, regulatory scrutiny, and a changing gambling landscape.
Former Liberal state treasurer Matt Kean criticizes his own party's nuclear power plan, arguing it's too expensive and unrealistic, while the debate over nuclear power and renewable energy intensifies in Australia. Meanwhile, concerns about climate change and disaster-prone areas are also highlighted.
Severe flooding once again hit the Lockyer Valley, inundating local businesses like the Crossroads Cafe and compelling residents to assist each other during recovery efforts. The community rapidly mobilized, supported by neighbours and the Australian Defence Force, allowing main roadways to resume operations.