Higher-earning Australians flocking to 5% first home deposit scheme with some borrowers earning over $200,000 pred 1 dnevom, 20 urami in 14 minutami Exclusive: Economists warn Labor’s removal of caps could be pushing up prices as support flows to people in better financial positionsGet our breaking news email, free app or daily news podcastMost Australian first home buyers are using the government’s 5% deposit scheme, with one in three new participants earning more than the scheme’s previous cap for high income earners.The influx of high income earners into the first home guarantee program, economists warn, has pushed up property prices by increasing buying capacity for people who would have bought anyway. Continue reading...(The Guardian)
Extreme high temperatures double young people’s risk of mental health admissions, Australian research shows pred 1 dnevom, 20 urami in 14 minutami Exclusive University of Sydney study finds heat-related hospital admissions to increase by 6% to 7.7% by the end of the centuryGet our breaking news email, free app or daily news podcastExtreme high temperatures in warmer months double the risk of young people being admitted to hospital for a mental health condition, according to research.The analysis, which looked at 720,000 New South Wales hospital admissions of young people aged up to 24, suggested the climate crisis would aggravate the already declining mental health of young people. Continue reading...(The Guardian)
Labor’s draft policy platform waters down rather than scraps its longheld opposition to mandatory jail sentences pred 1 dnevom, 20 urami in 14 minutami Updated document also commits party to cracking down on inducements for online gambling, putting pressure on Albanese government to toughen reformsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastLabor will water down its opposition to mandatory jail sentences but has abandoned an earlier draft of its policy platform that would have seen the party scrap its longheld stance entirely.The draft platform obtained by Guardian Australia also commits Labor to cracking down on inducements for online wagering, putting pressure on the Albanese government to toughen up its proposed reforms to gambling advertising. Continue reading...(The Guardian)
Celtic leaders doubt Burnham’s devolution drive will go beyond England’s borders pred 1 dnevom, 20 urami in 14 minutami Would-be prime minister has made basic missteps in pitches to Wales, Scotland and Northern IrelandAndy Burnham’s devolution promises are yet to impress sceptical Celtic administrations hoping for a reset with Westminster, sources in Cardiff and Edinburgh have said.Burnham, who is expected to take over from Keir Starmer as prime minister on 20 July, has made much of his support for the devolution of power and resources in England, pledging in an agenda-setting speech last week to make a new “No 10 North” the “nerve centre of a rewired Britain”. Continue reading...(The Guardian)
Trump denied latest bid to delay $5.8m judgment payment to E Jean Carroll pred 1 dnevom, 20 urami in 40 minutami Carroll was awarded damages after New York jury concluded Trump sexually abused her, then defamed her after she publicly described the attackDonald Trump’s latest attempt to delay payment of a $5.8m judgment for defaming a magazine columnist whom a jury determined he sexually abused has been emphatically rejected by a federal court judge.In a single-sentence 4 July order, US district Judge Lewis Kaplan denied the president’s request for more time to pay the civil judgment owed to E Jean Carroll, who was awarded the damages after a New York jury concluded that Trump sexually abused her in 1996 – then defamed her after she publicly described the attack in 2019. Continue reading...(The Guardian)
Trump rings New York Stock Exchange bell to mark first trading day for ‘Trump accounts’ pred 1 dnevom, 20 urami in 47 minutami US president rings bell from White House and showcases initiative that gives children a $1,000 investment accountDonald Trump rang the bell of the New York Stock Exchange (NYSE) from the White House to mark the first trading day for Trump accounts, a government initiative that provides children with a $1,000 investment account.The US president hosted leaders from the NYSE and the Nasdaq stock exchange at the Oval Office for a press conference on Monday morning. It is the first joint opening of the exchanges, and the first time the bell had been rung at the White House. Continue reading...(The Guardian)
