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2 months ago | 
9news.com.au | Daniel Jeffrey |Tim Rose
Banks could be scrambling to drop their mortgage rates and entice borrowers in a matter of hours if the Reserve Bank does what most economists expect and hands down an interest rate cut today. The market is largely expecting the central bank to deliver some much-needed relief to homeowners when it unveils the decision from its first cash rate meeting at 2.30pm (AEDT).
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Jan 16, 2025 | 
9news.com.au | Daniel Jeffrey
With the federal election just months away, Anthony Albanese's Labor government currently holds 78 seats in the House of Representatives, while the Coalition has 55 and 16 are in the hands of the minor parties and independents. Many of those, though, sit on a knife's edge. Of the 150 electorates that will be contested later this year the Australian Electoral Commission (AEC) lists 51 as being marginal – that is, currently held on a margin of less than 6 per cent.
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Jan 15, 2025 | 
9news.com.au | Daniel Jeffrey
Australia's unemployment rate rose slightly to 4.0 per cent in December, raising hopes of a long-awaited interest rate cut when the Reserve Bank meets next month. The jobless rate was up 0.1 per cent last month, according to new data from the Australian Bureau of Statistics, despite 56,000 more people joining the workforce.
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Jan 12, 2025 | 
9news.com.au | Daniel Jeffrey
Australians are finding it harder and harder to access bulk billing and are paying more for a trip to the doctor. Those are the findings of a new report which the nation's peak body for general practitioners says should lead to urgent funding for Australia's GP system.
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Jan 12, 2025 | 
9news.com.au | Daniel Jeffrey
The federal government will inject $3 billion into the National Broadband Network (NBN) as both major parties ramp up their attack lines ahead of the upcoming election. Speaking this morning in Canberra, Prime Minister Anthony Albanese unveiled a $3 billion equity injection into the NBN to fully upgrade the network by providing a fibre connection to the remaining 622,000 premises that still run on copper. "The NBN is about productivity, driving the economy, creating jobs," Albanese said.
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Dec 10, 2024 | 
9news.com.au | Daniel Jeffrey
Families will get three days a week of subsidised childcare and the activity test for early education support will be scrapped if the federal government is re-elected next year. In one of his first major election promises, Prime Minister Anthony Albanese is set to announce the policy, which is expected to cost $427 million over five years, in Brisbane today.
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Dec 9, 2024 | 
9news.com.au | Daniel Jeffrey
Private healthinsurers have been warned they will be named and shamed unless the industry cleans up its act and stops using secretive, "underhanded" tactics to increase premium prices. The Commonwealth ombudsman has found insurers are frequently engaging in so-called phoenixing - a loophole-exploiting practice of ending a product, only to replace it with a near-identical service with a much higher price not long after.
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Dec 8, 2024 | 
9news.com.au | Daniel Jeffrey
Experts have once again cast serious doubt on the viability of nuclear energy in Australia, with a new CSIRO report finding it would likely be more than twice as expensive than using renewables. The latest version of the GenCost report, published this morning, concluded a mix of solar and wind power with firming is the cheapest form of energy production, and will remain so well into the future. It found nuclear presents "no unique cost advantage over other technologies".
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Dec 6, 2024 | 
9news.com.au | Daniel Jeffrey
The final report from a parliamentary inquiry into the NSW government's proposal to redevelop Rosehill Racecourse into a housing precinct has been referred to the Independent Commission Against Corruption (ICAC). Premier Chris Minns has not been personally referred to the corruption watchdog despite reports earlier this week that he would be.
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Dec 5, 2024 | 
9news.com.au | Daniel Jeffrey
Maggie Tabberer, an icon of Australia's fashion and television scene, has died aged 87. The two-time Gold Logie winner and former Australian Women's Weekly fashion editor and supermodel passed away this morning, her daughter, author Amanda Tabberer, said. "This morning we lost our beautiful mother and Nanna," she wrote on Instagram. "She was an icon in every sense of the word and we will miss her dearly… Along with the rest of Australia. "Rest in peace Nanna. We love you to bits forever."
