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Chinese electric vehicle (EV) company BYD is making significant strides in the industry, surpassing Tesla in revenue with $170 billion in 2024 and introducing a revolutionary super-fast charger that can fully power EVs in just five minutes. This innovative technology aims to address charging anxiety and further accelerate the adoption of electric vehicles.

The Australian government's Help to Buy program is expanding, offering first-home buyers a chance to own properties with lower deposits and smaller mortgages. This $800 million expansion will increase the scheme's caps on property values and buyer incomes, allowing an estimated 40,000 Australians to enter the housing market.

The 2023 federal budget is a pre-election affair, packed with handouts and extra spending, with the hope that wages growth and the corresponding lift in income tax will eventually close the gap between spending and revenue. However, there are concerns about the sustainability of this strategy, as the budget relies on the continued strength of the labour market, which may not be sustainable.

Metropolitan Mine, operated by Peabody Energy, has been ordered to pay over $500,000 for polluting a tributary of the Hacking River with coal waste in 2022. The company has implemented measures to address the issue, including investing in infrastructure upgrades and increasing water storage capacity.

The Australian government has announced a series of measures to ease the cost of living for Australians, including tax cuts, energy bill rebates, and changes to the Medicare levy and Pharmaceutical Benefits Scheme (PBS). These measures are expected to provide significant relief to Australians struggling with the rising cost of living.