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Italian village offers $1 homes to Americans upset by US election results

<p>An Italian village in Sardinia, Italy is offering one-euro homes to Americans seeking a new start following the results of the 2024 U.S election that saw Donald Trump being re-elected as president. </p> <p>Ollolai has long been trying to persuade outsiders to move in to revive the community after decades of depopulation. </p> <p>Now, it's selling dilapidated houses for as little as one euro — just over a US dollar or $AU1.60 — to entice Americans to move abroad. </p> <p>Following the November 5 outcome, they have launched a website aimed at potential American expats, offering cheap homes in hopes that those disappointed by the result and seeking a fresh start will snap up one of their empty properties. </p> <p>"Are you worned (sic) out by global politics? Looking to embrace a more balanced lifestyle while securing new opportunities?" the website read. </p> <p>"It's time to start building your European escape in the stunning paradise of Sardinia."</p> <p>Mayor Francesco Columbu told CNN that the website was specifically created to attract American voters in the wake of the presidential elections.</p> <p>The mayor loves the United States and is convinced Americans would be the best people to revive the community. </p> <p>"We just really want, and will focus on, Americans above all," he said. </p> <p>"We can't of course ban people from other countries to apply, but Americans will have a fast-track procedure. We are betting on them to help us revive the village, they are our winning card."</p> <p>The village is offering three tiers of accommodation: Free temporary homes to certain digital nomads, ($1.6) homes in need of renovations, and ready-to-occupy houses for prices up to $160,000.</p> <p>The mayor also set up a special team to guide interested buyers through every step of the process including finding contractors, builders and navigating required paperwork. </p> <p>"Of course, we can't specifically mention the name of one US president who just got elected, but we all know that he's the one from whom many Americans want to get away from now and leave the country," Columbo added. </p> <p>"We have specifically created this website now to meet US post-elections relocation needs. The first edition of our digital nomad scheme which launched last year was already solely for Americans."</p> <p>Photos and plans of available empty properties will soon be uploaded to the website. </p> <p>The website has since received nearly 38,000 requests for information on houses, with most of them coming from the United States</p> <p>In the past century, Ollolai's population has shrunk from 2,250 to 1,300 with only a handful of babies born each year. </p> <p>Over the last few years, this has dropped 1,150 residents. </p> <p><em>Image: Shutterstock</em></p> <p> </p>

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How should Australian media cover the next federal election? Lessons from the US presidential race

<div class="theconversation-article-body"><em><a href="https://theconversation.com/profiles/denis-muller-1865">Denis Muller</a>, <a href="https://theconversation.com/institutions/the-university-of-melbourne-722">The University of Melbourne</a></em></p> <p>Media coverage in Australia of the US presidential election and of the Voice referendum in October 2023 offer some pointers to what we might expect during next year’s federal election campaign.</p> <p>They also suggest some ways in which the professional mass media might better respond to the challenges thrown up by the combination of disinformation, harmful speech and hyper-partisanship that disfigured those two campaigns.</p> <p>The ideological contours of the Australian professional media, in particular its newspapers, have become delineated with increasing clarity over the past 15 years. In part this is a response to the polarising effects of social media, and in part it is a reflection of the increased stridency of political debate.</p> <p>The right is dominated by News Corporation, with commercial radio shock jocks playing a supporting role. The left is more diffuse and less given to propagandising. It includes the old Fairfax papers, The Age and The Sydney Morning Herald, now owned by the Nine Entertainment Company, and Guardian Australia.</p> <p>These contours are unlikely to change much, if at all, between now and the 2025 election.</p> <h2>Impartiality versus ‘bothsidesism’</h2> <p>Under these conditions, how might Australian journalism practice be adapted to better serve democracy under the pressures of an election campaign? The objective would be to contribute to the creation of a political culture in which people can argue constructively, disagree respectfully and work towards consensus.</p> <p>In pursuing that objective, a central issue is whether and how the media are committed to the principle of impartiality in news reports. This principle is under sustained pressure, as was seen in both the presidential election and the Voice referendum.</p> <p>We know from the words of its own editorial code of conduct that News Corp Australia does not accept the principle of impartiality in news reports. Paragraph 1.3 of that code states:</p> <blockquote> <p>Publications should ensure factual material in news reports is distinguishable from other material such as commentary and opinion. Comment, conjecture and opinion are acceptable as part of coverage to provide perspective on an issue, or explain the significance of an issue, or to allow readers to recognise what the publication’s or author’s standpoint is on a matter.</p> </blockquote> <p>This policy authorises journalists to write their news reports in ways that promote the newspaper’s or the journalist’s own views. This runs directly counter to the conventional separation of news from opinion accepted by most major media companies. This is exemplified by <a href="https://uploads.guim.co.uk/2023/07/27/GNM_editorial_code_of_practice_and_guidance_2023.pdf">the policy</a> of The Guardian, including Guardian Australia:</p> <blockquote> <p>While free to editorialise and campaign, a publication must distinguish clearly between comment, conjecture and fact.</p> </blockquote> <p>Appended to The Guardian’s code is the essay written in 1921 by C. P. Scott, first the editor and then the owner-editor of the Manchester Guardian, to mark the newspaper’s centenary. It includes these words: “Comment is free, but facts are sacred”. Referring to a newspaper’s public duty, he added: “Propaganda […] is hateful.”</p> <p>In the present overheated atmosphere of public debate, impartiality has come to be confused with a discredited type of journalism known as “bothsidesism”.</p> <p>“Bothsidesism” presents “both sides” of an issue without any regard for their relative evidentiary merits. It allows for the ventilation of lies, hate speech and conspiracy theories on the spurious ground that these represent another, equally valid, side of the story.</p> <p>Impartiality is emphatically not “bothsidesism”. What particularly distinguishes impartiality is that it follows the weight of evidence. However, a recurring problem in the current environment is that the fair and sober presentation of evidence can be obliterated by the force of political rhetoric. As a result, impartiality can fall victim to its own detached passivity.</p> <p>Yet impartiality does not have to be passive: it can be proactive.</p> <p>During the presidential campaign, in the face of Trump’s egregious lying, some media organisations took this proactive approach.</p> <p>When Trump claimed during his televised debate with Kamala Harris that Haitian immigrants were eating people’s pets in the town of Springfield, Ohio, the host broadcaster, the American Broadcasting Company, fact-checked him in real time. It found, during the broadcast, that there was no evidence to support his claim.</p> <figure><iframe src="https://www.youtube.com/embed/nlCe8iOCJlQ?wmode=transparent&amp;start=0" width="440" height="260" frameborder="0" allowfullscreen="allowfullscreen"></iframe></figure> <p>And for four years before that, The Washington Post <a href="https://www.washingtonpost.com/politics/2021/01/24/trumps-false-or-misleading-claims-total-30573-over-four-years/">chronicled</a> Trump’s lies while in office, arriving at a total of 30,573.</p> <h2>Challenging misinformation</h2> <p>During the Voice referendum, many lies were told about what the Voice to Parliament would be empowered to do: advise on the date of Anzac Day, change the flag, set interest rates, and introduce a race-based element into the Constitution, advantaging Aboriginal and Torres Strait Islander people over others.</p> <p>These were rebutted by the relevant authorities but by then the lies had been swept up in the daily tide of mis- or disinformation that was a feature of the campaign. At that point, rebuttals merely oxygenate the original falsehoods.</p> <p>More damaging still to the democratic process was the baseless allegation by Opposition Leader Peter Dutton that the Australian Electoral Commission had “rigged” the vote by accepting a tick as indicating “yes” but not accepting a cross as indicating “no”.</p> <figure><iframe src="https://www.youtube.com/embed/Y_4H1IQID_M?wmode=transparent&amp;start=0" width="440" height="260" frameborder="0" allowfullscreen="allowfullscreen"></iframe></figure> <p>Opposition Senate leader, Simon Birmingham, also said allowing ticks but not crosses undermined the integrity of the process.</p> <p>The electoral commissioner, Tom Rogers, was reported as repudiating these claims, but by then these lies had acquired currency and momentum.</p> <p>A proactive approach to impartiality requires establishing the truthful position before or at the time of initial publication, then calling out falsehoods for what they are and providing supporting evidence. Neither the principle of impartiality nor any other ethical principle in journalism requires journalists to publish lies as if they might be true.</p> <p>It would not have been a failure of impartiality to say in a news report that Dutton’s claims about a rigged referendum were baseless, with the supporting evidence.</p> <p>That evidence, set out in an <a href="https://antonygreen.com.au/how-many-voters-mark-referendum-ballot-papers-with-a-cross-not-many-based-on-evidence/">excellent example</a> of proactive impartiality by the ABC’s election analyst Antony Green at the time, was that the ticks and crosses rule had been in place since 1988.</p> <h2>‘Proactive impartiality’ is the key to reporting the 2025 election</h2> <p>The question is, do Australia’s main media organisations as a whole have the resources and the will to invest in real-time fact-checking? The record is not encouraging.</p> <p>In March 2024, the ABC dissolved its fact-checking arrangement with RMIT University, replacing it with an in-house fact-checking unit called ABC News Verify.</p> <p>In 2023, a team led by Andrea Carson of La Trobe University published a <a href="https://ijoc.org/index.php/ijoc/article/view/21078">study</a> tracking the fate of fact-checking operations in Australia. Its findings were summarised by her in The Conversation.</p> <p>In the absence of a fact-checking capability, it is hard to see how journalists can perform the kind of proactive impartiality that current circumstances demand.</p> <p>On top of that, the shift from advertising-based mass media to subscription-based niche media is creating its own logic, which is antithetical to impartiality.</p> <p>Mass-directed advertising was generally aimed at as broad an audience as possible. It encouraged impartiality in the accompanying editorial content as part of an appeal to the broad middle of society.</p> <p>Since a lot of this advertising has gone online, the media have begun to rely increasingly on subscriptions. In a hyper-partisan world, ideological branding, or alternatively freedom from ideological branding, has become part of the sales pitch.</p> <p>Where subscribers do expect to find ideological comfort, readership and ratings are at put risk when their expectations are disappointed.</p> <p>Rupert Murdoch <a href="https://apnews.com/article/fox-news-dominion-lawsuit-trial-trump-2020-0ac71f75acfacc52ea80b3e747fb0afe">learned this</a> when his Fox News channel in the US called the 2020 election for Joe Biden, driving down ratings and causing him to reverse that position in order to claw back the losses.</p> <p>These are unpalatable developments for those who believe that fair, accurate news reporting untainted by the ideological preferences of proprietors or journalists is a vital ingredient in making a healthy democracy work. But that is the world we live in as we approach the federal election of 2025.<!-- Below is The Conversation's page counter tag. Please DO NOT REMOVE. --><img style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important;" src="https://counter.theconversation.com/content/243267/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" /><!-- End of code. If you don't see any code above, please get new code from the Advanced tab after you click the republish button. The page counter does not collect any personal data. More info: https://theconversation.com/republishing-guidelines --></p> <p><em><a href="https://theconversation.com/profiles/denis-muller-1865">Denis Muller</a>, Senior Research Fellow, Centre for Advancing Journalism, <a href="https://theconversation.com/institutions/the-university-of-melbourne-722">The University of Melbourne</a></em></p> <p><em>Image credits: DEAN LEWINS/EPA-EFE/Shutterstock Editorial - LUKAS COCH/EPA-EFE/Shutterstock Editorial </em></p> <p><em>This article is republished from <a href="https://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/how-should-australian-media-cover-the-next-federal-election-lessons-from-the-us-presidential-race-243267">original article</a>.</em></p> </div>

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World reacts as Donald Trump wins US election

<p>World leaders, celebrities and millions of Americans have shared their first reactions and messages of support - or messages of anger, upset and frustration - as Donald Trump claimed his victory in the US election. </p> <p>The Republican leader won both the electoral college vote and the popular vote, taking a hold of the majority of key swing states, as his victory just hours after the polls closed. </p> <p>The win will see Trump re-enter the White House in January as the 47th President, making him the only president to serve two non-consecutive terms in office. </p> <p>Reactions to the unprecedented win flooded online spaces, with world leaders sending their congratulations. </p> <p>Prime Minister Anthony Albanese said the election of the US president marked an important moment for Australia and the Asia Pacific region, and vowed to work closely with the Trump administration.</p> <p>“Australia and America are old allies and we are true friends,” he said. “Our nations are bound by a history of shared sacrifice, a commitment to common values and — above all — enduring respect and affection between our peoples."</p> <p>“I look forward to talking with President Trump and working with him in the best interests of both our nations.”</p> <p>Opposition Leader Peter Dutton also extended his congratulations to the Republican leader on behalf of the federal Coalition, describing the US as an “overwhelming force for good”.</p> <p>Unsurprisingly, Israel’s Prime Minister Benjamin Netanyahu was among the first to speak to Trump, writing on X, “Congratulations on history’s greatest comeback!”</p> <p>“Your historic return to the White House offers a new beginning for America and a powerful recommitment to the great alliance between Israel and America. This is a huge victory! In true friendship.”</p> <p>Elon Musk, petulant billionaire and owner of Twitter, also shared a series of memes on X, after he publicly endorsed Trump throughout his campaign. </p> <p>Among the posts is an image of Musk holding a bathroom sink photoshopped into the Oval Office with the caption "Let that sink in", a reference to how he marked his controversial takeover of X when it was still known as Twitter.</p> <p>Musk also shared a photo of a conversation he was having with Trump as votes were being counted.</p> <p>"The future is gonna be so [fire]," Musk said with American flag emojis.</p> <p>"The future is gonna be fantastic," he said in a follow up post with a photo of his recent SpaceX rocket test that Trump discussed at length, for some reason, in his declaration speech.</p> <p>Despite the messages of well wishes from world leaders, social media has been awash with messages of disbelief and anger since the victory was announced, with many American citizens anxious and scared about the next four years under Trump's controversial <a href="https://www.project2025.org" target="_blank" rel="noopener">Project 2025</a>, which will see mass deportations of immigrants, more tax cuts to the rich, harsher penalties for those seeking abortions or reproductive care, and unprecedented power in the hands of a President with authoritarian aspirations. </p> <p><em>Image credits: Brian Prahl/Shutterstock </em></p>

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Trump's insult to Biden after he drops out of presidential race

<p>Joe Biden has officially withdrawn from the presidential race against former president Donald Trump. </p> <p>Biden, who is the oldest US president at 81, has been facing mounting calls to drop out of the election from both his opponents and supporters, amid fears of his failing health, mental clarity and age. </p> <p>On Sunday, the 46th president shared a lengthy statement to share that he would be dropping out of the race, saying it is "in the best interest" for both his Democratic Party and the country to take a step back. </p> <p>“While it has been my intention to seek re-election, I believe it is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as President for the remainder of my term,” Mr Biden wrote in a letter he posted on his X account.</p> <p>“I will speak to the Nation later this week in more detail about my decision. It has been the greatest honour of my life to serve as your President.”</p> <p>Biden shared a second announcement to social media following his bombshell withdrawal, saying he would be endorsing his Vice President Kamala Harris as the Democratic nominee to run for President in the November election against Trump. </p> <p>"My very first decision as the party nominee in 2020 was to pick Kamala Harris as my Vice President, and it’s been the best decision I’ve made," he began.</p> <p>"Today I want to offer my full support and endorsement for Kamala to be the nominee of our party this year. Democrats — it’s time to come together and beat Trump. Let’s do this."</p> <p>Mere hours after Biden's announcement, former President Donald Trump reacted to the news on TRUTH social, his own social media platform, exactly as many expected. </p> <p>“Crooked Joe Biden was not fit to run for President, and is certainly not fit to serve — And never was!” Trump said.</p> <p>“All those around him, including his doctor and the media, knew that he wasn’t capable of being President, and he wasn’t. We will suffer greatly because of his presidency, but we will remedy the damage he has done very quickly.”</p> <p>In a phone call with CNN minutes after Biden announced his exit from the 2024 race, former Trump described Biden as going “down as the single worst president by far in the history of our country”.</p> <p>Mr Biden will remain President until the end of his term next January.</p> <p><em>Image credits: Bonnie Cash / Pool via CNP/ Ron Sachs/CNP /Shutterstock Editorial </em></p>

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‘Sleep tourism’ promises the trip of your dreams. Beyond the hype plus 5 tips for a holiday at home

<div class="theconversation-article-body"> <p><em><a href="https://theconversation.com/profiles/charlotte-gupta-347235">Charlotte Gupta</a>, <a href="https://theconversation.com/institutions/cquniversity-australia-2140">CQUniversity Australia</a> and <a href="https://theconversation.com/profiles/dean-j-miller-808724">Dean J. Miller</a>, <a href="https://theconversation.com/institutions/cquniversity-australia-2140">CQUniversity Australia</a></em></p> <p>Imagine arriving at your hotel after a long flight and being greeted by your own personal sleep butler. They present you with a pillow menu and invite you to a sleep meditation session later that day.</p> <p>You unpack in a room kitted with an AI-powered smart bed, blackout shades, blue light-blocking glasses and weighted blankets.</p> <p>Holidays are traditionally for activities or sightseeing – eating Parisian pastry under the Eiffel tower, ice skating at New York City’s Rockefeller Centre, lying by the pool in Bali or sipping limoncello in Sicily. But “<a href="https://www.smh.com.au/traveller/inspiration/pillow-menus-and-sleep-gummies-the-new-hotel-trend-that-s-putting-guests-to-sleep-20230823-p5dyu5.html">sleep tourism</a>” offers vacations for the sole purpose of getting good sleep.</p> <p>The emerging trend extends out of the global wellness tourism industry – reportedly worth more than <a href="https://www.forbes.com/sites/rogersands/2023/11/17/the-global-wellness-tourism-sector-surpasses-814-billion-market-share/">US$800 billion globally</a> (A$1.2 trillion) and <a href="https://www.statista.com/statistics/1018497/global-market-size-of-the-wellness-tourism-industry/">expected to boom</a>.</p> <p>Luxurious sleep retreats and sleep suites at hotels are popping up <a href="https://www.countryandtownhouse.com/style/health-and-beauty/sleep-retreats/">all over the world</a> for tourists to get some much-needed rest, relaxation and recovery. But do you really need to leave home for some shuteye?</p> <h2>Not getting enough</h2> <p>The rise of sleep tourism may be a sign of just how chronically sleep deprived we all are.</p> <p>In Australia more than one-third of adults are not achieving the recommended <a href="https://www.sciencedirect.com/science/article/pii/S2352721816301292?via%3Dihub">7–9 hours</a> of sleep per night, and the estimated cost of this inadequate sleep is <a href="https://academic.oup.com/sleep/article/41/8/zsy083/5025924">A$45 billion</a> each year.</p> <p>Inadequate sleep is linked to <a href="https://www.tandfonline.com/doi/full/10.2147/NSS.S134864">long-term health problems</a> including poor mental health, heart disease, metabolic disease and deaths from any cause.</p> <h2>Can a fancy hotel give you a better sleep?</h2> <p>Many of the sleep services available in the sleep tourism industry aim to optimise the bedroom for sleep. This is a core component of <a href="https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4400203/?ref=askdoctorjad.com">sleep hygiene</a> – a series of healthy sleep practices that facilitate good sleep including sleeping in a comfortable bedroom with a good mattress and pillow, sleeping in a quiet environment and relaxing before bed.</p> <p>The more people follow sleep hygiene practices, the better their <a href="https://www.tandfonline.com/doi/abs/10.1080/08964280209596396">sleep quality and quantity</a>.</p> <p>When we are staying in a hotel we are also likely away from any stressors we encounter in everyday life (such as work pressure or caring responsibilities). And we’re away from potential nighttime disruptions to sleep we might experience at home (the construction work next door, restless pets, unsettled children). So regardless of the sleep features hotels offer, it is likely we will experience improved sleep when we are away.</p> <h2>What the science says about catching up on sleep</h2> <p>In the short-term, <a href="https://theconversation.com/is-it-possible-to-catch-up-on-sleep-we-asked-five-experts-98699#:%7E:text=We%20can%20catch%20up%20on,and%20we%20cannot%20resist%20sleep.">we can catch up on sleep</a>. This can happen, for example, after a short night of sleep when our brain accumulates “<a href="https://www.tandfonline.com/doi/abs/10.3109/07420528.2012.675256">sleep pressure</a>”. This term describes how strong the biological drive for sleep is. More sleep pressure makes it easier to sleep the next night and to sleep for longer.</p> <p>But while a longer sleep the next night can relieve the sleep pressure, it does not reverse the <a href="https://jcsm.aasm.org/doi/pdf/10.5664/jcsm.26918">effects of the short sleep on our brain and body</a>. Every night’s sleep is important for our body to recover and for our brain to process the events of that day. Spending a holiday “catching up” on sleep could help you feel more rested, but it is not a substitute for prioritising regular healthy sleep at home.</p> <p>All good things, including holidays, must come to an end. Unfortunately the perks of sleep tourism may end too.</p> <p>Our bodies do not like variability in the time of day that we sleep. The most common example of this is called “<a href="https://www.mdpi.com/2072-6643/13/12/4543">social jet lag</a>”, where weekday sleep (getting up early to get to work or school) is vastly different to weekend sleep (late nights and sleep ins). This can result in a sleepy, grouchy start to the week on Monday. Sleep tourism may be similar, if you do not come back home with the intention to prioritise sleep.</p> <p>So we should be mindful that as well as sleeping well on holiday, it is important to optimise conditions at home to get consistent, adequate sleep every night.</p> <h2>5 tips for having a sleep holiday at home</h2> <p>An AI-powered mattress and a sleep butler at home might be the dream. But these features are not the only way we can optimise our sleep environment and give ourselves the best chance to get a good night’s sleep. Here are five ideas to start the night right:</p> <p><strong>1.</strong> avoid bright artificial light in the evening (such as bright overhead lights, phones, laptops)</p> <p><strong>2.</strong> make your bed as comfortable as possible with fresh pillows and a supportive mattress</p> <p><strong>3.</strong> use black-out window coverings and maintain a cool room temperature for the ideal sleeping environment</p> <p><strong>4.</strong> establish an evening wind-down routine, such as a warm shower and reading a book before bed or even a “<a href="https://theconversation.com/turns-out-the-viral-sleepy-girl-mocktail-is-backed-by-science-should-you-try-it-222151">sleepy girl mocktail</a>”</p> <p><strong>5.</strong> use consistency as the key to a good sleep routine. Aim for a similar bedtime and wake time – even on weekends.<!-- Below is The Conversation's page counter tag. Please DO NOT REMOVE. --><img style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important;" src="https://counter.theconversation.com/content/231718/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" /><!-- End of code. If you don't see any code above, please get new code from the Advanced tab after you click the republish button. The page counter does not collect any personal data. More info: https://theconversation.com/republishing-guidelines --></p> <p><em><a href="https://theconversation.com/profiles/charlotte-gupta-347235">Charlotte Gupta</a>, Senior postdoctoral research fellow, Appleton Institute, HealthWise research group, <a href="https://theconversation.com/institutions/cquniversity-australia-2140">CQUniversity Australia</a> and <a href="https://theconversation.com/profiles/dean-j-miller-808724">Dean J. Miller</a>, Adjunct Research Fellow, Appleton Institute of Behavioural Science, <a href="https://theconversation.com/institutions/cquniversity-australia-2140">CQUniversity Australia</a></em></p> <p><em>Image credits: Shutterstock </em></p> <p><em>This article is republished from <a href="https://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/sleep-tourism-promises-the-trip-of-your-dreams-beyond-the-hype-plus-5-tips-for-a-holiday-at-home-231718">original article</a>.</em></p> </div>

Travel Trouble

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The growing promise of cancer vaccines

<div class="copy"> <p>A cure for cancer — which is <a href="https://ourworldindata.org/grapher/burden-of-disease-by-cause" target="_blank" rel="noopener">second only to cardiovascular diseases</a> in its contribution to the global burden of disease — has long been a dream.</p> <p>While no magic bullet is yet in sight, three vaccines for particular skin and lung cancer types have advanced to the last stage of clinical trials in recent months.</p> <p>If successful, these vaccines should be available to patients in the next three to 11 years. Unlike vaccines which prevent diseases, these aim to cure them or prevent relapses.</p> <p>Cancer in every person is different because the cells in every cancerous tumour have different sets of genetic mutations. Recognising this, two of the vaccines are personalised and tailor-made for each patient. Oncologists working with pharmaceutical companies have developed these individualised neoantigen therapies.</p> <p>A vaccine typically works by training the immune cells of our body to recognise antigens – proteins from pathogens, such as viruses – against future attacks by the pathogen.</p> <p>In cancer, however, there is no external pathogen. The cells of a cancerous tumour undergo continuous mutations, some of which help them to grow much faster than normal cells while some others help them evade the body’s natural immune system. The mutated proteins in cancerous cells are called ‘neoantigens’.</p> <p>In individualised neoantigen therapy, the gene sequence of the tumour and normal blood cells are compared to identify neoantigens from each patient, and then a subset of neoantigens are chosen that are most likely to induce an immune response. The vaccine for an individual patient targets this chosen subset of neoantigens.</p> <p>These vaccines, jointly developed by pharma giants Moderna and Merck, have been shown in trials conducted so far to be significantly more effective in combination with immunotherapy than immunotherapy alone in preventing both the relapse of melanoma — a type of skin cancer — and non-small cell lung cancer after the tumours had been surgically removed.</p> <p>Following these promising results in phase II clinical trials, the vaccines are now being tested on a larger group of patients in phase III trials. The studies are expected to be complete by 2030 for <a href="https://clinicaltrials.gov/study/NCT05933577" target="_blank" rel="noopener">melanoma</a> and 2035 for <a href="https://www.clinicaltrials.gov/study/NCT06077760?intr=mRNA-4157&amp;rank=3" target="_blank" rel="noopener">lung cancer</a>.</p> <p>The Moderna-Merck cancer vaccine may not be the first to reach the market. The French company OSE Immunotherapeutics <a href="https://www.clinicaltrialsarena.com/news/ose-shares-pipeline-updates-with-plans-phase-iii-trial-for-tedopi/" target="_blank" rel="noopener">published positive results</a> last September from phase III clinical trials of a vaccine using a different approach for advanced non-small cell lung cancer. Its vaccine, Tedopi, is scheduled to start <a href="https://finance.yahoo.com/news/ose-immunotherapeutics-receives-8-4-160000694.html?guccounter=1&amp;guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&amp;guce_referrer_sig=AQAAADAX7Kqu7RTAEowvwOw2f-2cJ7SJ4uLpvjH-3tXzGtifqidaZfPs4eHLz23UqqjHDPjbVE1Vwel5qIKzKbmWvPLfLQzzH_PvKJAMsqTHuz8p5nPoR39RbIToLShEUG53eOeDFg6pWlRc2JPqrX7sGnc3ByO9FFfqXQYpZ4FZ-jgr" target="_blank" rel="noopener">confirmatory trials</a> – which are the last step before regulatory approval – later this year and may be available by 2027.</p> <p>Vaccines for pancreatic cancer being developed by BioNTech and Genentech, and for colon cancer by Gritstone, are also showing promising results in the early phases of clinical trials. Like the vaccines being developed by Moderna and Merck, these too are individualised neoantigen therapies based on messenger RNA (mRNA).</p> <p>There is another kind of RNA therapy also under development that uses small interfering RNA (siRNA) and microRNA (miRNA). Since 2018, six siRNA-based therapies have been approved by the US Food and Drug Administration for the treatment of neural, skin, heart and renal diseases. Several more siRNA drugs are at various clinical trial stages for different types of cancer and a diverse range of other diseases.</p> <p>Within cells, there are two kinds of nucleic acid molecules that contain coded information vital to life: DNA and RNA. While DNA contains genetic information, mRNA — one among the different types of RNA — carries the codes for the proteins. In addition, there are also non-coding RNA, some of which are functionally important. siRNA and miRNA are examples of such non-coding RNA.</p> <p>The RNA vaccine for an individualised neoantigen therapy is a cocktail of mRNA carrying the codes for neoantigens — the mutated fingerprint proteins in cancerous cells. For the <a href="https://www.nature.com/articles/d41591-023-00072-0" target="_blank" rel="noopener">Moderna-Merck study</a>, scientists identified 34 neoantigens per patient. They delivered the corresponding mRNA vaccine cocktail packed in lipid nanoparticles, just like the mRNA vaccines for COVID-19 developed by Moderna and Pfizer-BioNTech.</p> <p>When the vaccine is delivered after removing the tumour, it trains the immune system to recognise neoantigens and fight back against the cancer returning. Usually, the body’s natural immune system corrects mutations and prevents us from having cancers. However, in some cases this natural immune response is insufficient, leading to tumour growth. In individualised neoantigen therapy, these mutations in the tumour cells are used for vaccine development and for training the immune system to fight back against relapse after removal of the tumour.</p> <p>Recent advances in artificial intelligence are helping identify potential neoantigens and manage personalised therapies. Firstly, gene sequencing of tumours and normal blood cells of a patient and their comparison produces a huge amount of data. AI is used to find the genetic mutations of the patient’s cancer in such ‘big data’. Moreover, individualised therapy requires timely production and delivery of vaccines that are different for each patient. AI is also useful in the management of such data.</p> <p>The individualised nature of the treatment is probably why it has been <a href="https://www.nature.com/articles/d41591-023-00072-0" target="_blank" rel="noopener">more effective in trials</a> than previous, unsuccessful RNA vaccine candidates. However, this personalisation is also likely to raise challenges for the timely and cost-effective delivery of treatment to populations around the world.</p> <p>The siRNA and miRNA treatments work in a way opposite to mRNA. While each mRNA in a vaccine carries the code for producing a protein from a pathogen (antigen) or tumour (neoantigen) to train our immune systems against future attacks by the pathogen or tumour, siRNA directly targets the mRNA of the antigen or neoantigen and terminates the production of the protein it codes. Thus, the effect of a siRNA is more direct and immediate (like a drug), rather than a protection against future attacks (like a vaccine).</p> <p>Discovered at the turn of this millennium, siRNA-based therapeutics attracted immediate attention, but their initial success was limited due to their inherent low stability, difficulties in delivering them to desired locations, and rapid clearance from the bloodstream. However, in recent years, siRNA therapies have been boosted through chemical modifications that have increased their stability and ability to be delivered to specific locations such as tumours, and improved delivery systems such as lipid nanoparticle encasings.</p> <p>These improvements led to recent successes in FDA approvals of siRNA-based therapies and further <a href="https://www.rockefeller.edu/news/35461-a-new-way-to-target-the-culprit-behind-a-deadly-liver-cancer/" target="_blank" rel="noopener">promising reports of advances</a> in the treatment of diseases including a type of liver cancer.</p> <p><em>Research scientist </em><em><strong>Dr Bidyut Sarkar</strong></em><em> is the DBT-Wellcome Trust India Alliance Intermediate Fellow in the Department of Chemistry at Shiv Nadar Institute of Eminence, Delhi NCR, India.</em></p> <p><em>Originally published under <a href="https://creativecommons.org/licenses/by/4.0/" target="_blank" rel="noopener">Creative Commons</a> by <a href="https://360info.org/" target="_blank" rel="noopener">360info</a>™.</em></p> <p><em>Image credits: Shutterstock </em></p> <div> <p align="center"><noscript data-spai="1"><em><img decoding="async" class="aligncenter size-full wp-image-198773" src="https://cdn.shortpixel.ai/spai/q_lossy+ret_img+to_auto/cosmosmagazine.com/wp-content/uploads/2023/12/MICROSCOPIC-TO-TELESCOPIC__Embed-graphic-720x360-1.jpg" data-spai-egr="1" width="600" alt="Buy cosmos print magazine" title="the growing promise of cancer vaccines 2"></em></noscript></p> </div> <p><em><!-- Start of tracking content syndication. Please do not remove this section as it allows us to keep track of republished articles --> <img id="cosmos-post-tracker" style="opacity: 0; height: 1px!important; width: 1px!important; border: 0!important; position: absolute!important; z-index: -1!important;" src="https://syndication.cosmosmagazine.com/?id=304875&amp;title=The+growing+promise+of+cancer+vaccines" width="1" height="1" loading="lazy" aria-label="Syndication Tracker" data-spai-target="src" data-spai-orig="" data-spai-exclude="nocdn" /> <!-- End of tracking content syndication --></em></div> <div id="contributors"> <p><em><a href="https://cosmosmagazine.com/the-body/the-growing-promise-of-cancer-vaccines/">This article</a> was originally published on <a href="https://cosmosmagazine.com">Cosmos Magazine</a> and was written by <a href="https://cosmosmagazine.com/contributor/360info-2/">360info</a>. Originally published under Creative Commons by 360info™.</em></p> </div>

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Becoming a landlord while still renting? ‘Rentvesting’ promises a foot on the property ladder, but watch your step

<div class="theconversation-article-body"><em><a href="https://theconversation.com/profiles/james-graham-1264059">James Graham</a>, <a href="https://theconversation.com/institutions/university-of-sydney-841">University of Sydney</a></em></p> <p>As home ownership moves further out of reach for many Australians, “rentvesting” is being touted as a lifesaver.</p> <p>Rentvesting is the practice of renting one property to live in yourself, while simultaneously purchasing an investment property somewhere cheaper and leasing it out.</p> <p>Ideally, “rentvestors” get to enjoy the capital gains on an investment property while living where they actually want to live, allowing them to cash in and upsize to their dream home later.</p> <p>It might seem like a savvy way to game the property market. But what are the risks of such an investment strategy? And how might broad adoption of this behaviour affect housing affordability in Australia?</p> <h2>A rising tide lifts all boats differently</h2> <p>The aim of the rentvesting game is to buy cheap property now, ride the expected capital gains, and move into a more desirable home down the track. The hope is that by climbing the first rung of the property ladder early, the whole thing won’t be pulled up out of reach.</p> <p>The first problem with this strategy, however, is that capital gains on housing are not always and everywhere equal.</p> <p>Generally, the cheapest properties available to rentvestors will be houses in the regions or apartments in the city. But both regional housing and apartment properties <a href="https://www.abc.net.au/news/2024-02-20/house-apartment-price-gap-widens-record-high-property-market/103484076">tend to appreciate more slowly</a> than the inner-city houses rentvestors might hope to live in one day. They might get a foot on the property ladder, but the rungs themselves are slowly drifting apart.</p> <p>Would-be rentvestors should also be aware that investments by “out-of-town” buyers tend to generate <a href="https://academic.oup.com/rfs/article-abstract/29/2/486/1902789">much lower returns</a> – both capital gains and rental yields – than investments by locals. Out-of-towners don’t know the local market trends, don’t know which neighbourhoods to avoid, and aren’t able to monitor their investments as effectively from afar.</p> <p>Avoiding the regions by investing in city apartments presents its own difficulties. Large, unexpected maintenance bills and poor strata management are <a href="https://www.abc.net.au/news/2024-03-21/a-world-of-hidden-charges:-strata-company-insiders/103617944">common complaints</a>.</p> <h2>Different costs lead to different returns</h2> <p>Perhaps the potential rentvestor should invest in something more straightforward instead, like stocks. After all, the return on equities in Australia has <a href="https://academic.oup.com/qje/article/134/3/1225/5435538">outperformed housing</a> in recent decades.</p> <p>However, it is much easier to borrow to invest in property than it is to borrow to invest in the stock market. And leverage is the investor’s secret weapon. For example, if house prices were to appreciate at 10% per year, then using a mortgage and a A$100,000 deposit on a $1 million property would earn you a 100% return on equity before costs.</p> <p>But while both investors and homeowners would earn that same basic return, their costs could be very different. For starters, property investors face capital gains tax on the proceeds of property sales, <a href="https://www.ato.gov.au/individuals-and-families/investments-and-assets/capital-gains-tax/property-and-capital-gains-tax/your-main-residence-home/eligibility-for-main-residence-exemption">unlike those selling their primary residence</a>. Banks also typically charge <a href="https://www.rba.gov.au/chart-pack/interest-rates.html">higher interest rates</a> on mortgages to investors than to homeowners.</p> <p>At times, the Australian Prudential Regulation Authority has also imposed caps on bank lending against investment properties, making it more difficult to find mortgage financing in the first place.</p> <p>Highly leveraged properties require mortgage insurance, too. Investors may need to take out larger insurance policies against the properties themselves, reflecting the higher risks associated with investment properties. Then, you also have to throw in property management fees, council rates, strata management fees and regular and unexpected maintenance costs.</p> <h2>Negative gearing offers little benefit</h2> <p>What about negative gearing? Property investors that generate losses on their property can deduct these costs against the tax bill on their other income.</p> <p>But negative gearing disproportionately benefits high-income earners with large tax bills. The <a href="https://www.abs.gov.au/statistics/labour/earnings-and-working-conditions/personal-income-australia/latest-release">median Australian individual income</a> is around $55,00, which generates a tax bill of about $8,000 – not a lot from which investment property losses can be deducted.</p> <p>The bigger picture is that while negative gearing helps defray the regular costs of managing a property, it doesn’t do anything to change expected capital gains.</p> <p>At the end of the spreadsheet tally, an investment property could end up earning rentvestors significantly less than they could have gained by simply buying their first home.</p> <h2>Effects on housing affordability</h2> <p>Rentvesting is new enough that its prevalence and influence awaits formal academic study. But economists might speculate about its implications for the housing market more broadly.</p> <p>The simplest analysis suggests that a rentvestor occupies one rental property while supplying an additional rental property to the market. If, instead, they had bought a home, they would vacate a rental property while removing another property from the market. In this case, even rentvesting en masse would have zero net effect on the housing market.</p> <p>But a more nuanced perspective might consider where rentvestors are renting and where they are investing. Perhaps they are most likely to rent properties in the already-crowded inner city, but purchase investment properties in regional areas where other first home buyers would like to live.</p> <p>This would increase demand for rentals in the city and reduce the supply of owner-occupier properties in the regions, worsening the affordability of both.</p> <p>Of course, if these rentvestors all eventually move up the property ladder – selling in the region and purchasing in the city – this effect would be reversed. From that longer-term perspective, rentvestors would ultimately have little effect.</p> <h2>We still need more houses</h2> <p>Rentvesting is not a panacea for Australia’s housing market woes. Potential investors should weigh the benefits of property investment against its substantial costs and risks. Additionally, they need to carefully consider the obvious alternative: simply buying their first home up-front.</p> <p>We have good reason to be wary of yet another get-rich-quick scheme involving the housing market. But initial considerations suggest that for the market overall, rentvestor behaviour is no worse than someone simply buying their first home, which we would otherwise encourage.</p> <p>Rather than criticising those seeking a way though our housing market morass, we might instead redouble our efforts to increase the supply of housing.<!-- Below is The Conversation's page counter tag. Please DO NOT REMOVE. --><img style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important;" src="https://counter.theconversation.com/content/229116/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" /><!-- End of code. If you don't see any code above, please get new code from the Advanced tab after you click the republish button. The page counter does not collect any personal data. More info: https://theconversation.com/republishing-guidelines --></p> <p><em><a href="https://theconversation.com/profiles/james-graham-1264059">James Graham</a>, Lecturer in Economics, <a href="https://theconversation.com/institutions/university-of-sydney-841">University of Sydney</a></em></p> <p><em>Image credits: Getty Images </em></p> <p><em>This article is republished from <a href="https://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/becoming-a-landlord-while-still-renting-rentvesting-promises-a-foot-on-the-property-ladder-but-watch-your-step-229116">original article</a>.</em></p> </div>

Money & Banking

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Julia Morris promises "a little less shameless flirting" with new co-host

<p>In a surprising yet thrilling development, the popular reality show <em>I'm A Celebrity … Get Me Out of Here!</em> has finally confirmed its new co-host for the upcoming 2024 season.</p> <p>Joining the charismatic Julia Morris is none other than young wildlife expert and television personality Robert Irwin. This "unlikely pairing", as they humorously describe it, has generated a buzz of excitement among fans of the show.</p> <p>The announcement of Irwin as the new co-host has come after months of speculation – and while some may find it an unexpected choice, given the 35-year age gap between the two hosts, it's evident that this decision was carefully considered.</p> <p>Morris playfully quipped about the transition, "I've become so powerful at the network I am now allowed to trade in for a younger model, and of course when you trade in, you always upgrade." Her humour and enthusiasm highlight the anticipation for this fresh partnership.</p> <p>Irwin's ascent to co-host might be surprising to some, but for those familiar with his impressive TV career, it makes perfect sense. Irwin has been a TV veteran since he was just nine years old, earning a Best Newcomer Logie nomination at the tender age of nine. As an animal expert, he continues the legacy of former co-host <a href="https://www.oversixty.com.au/entertainment/tv/darryl-somers-jumps-the-gun-with-major-dr-chris-brown-announcement" target="_blank" rel="noopener">Dr Chris Brown</a>.</p> <p>The decision to bring Robert on board became clear during their initial screen test as a duo. Julia fondly recalls, "I thought it'd be a very tricky race [to find a new co-host], but the second Robert walked through the door, there was no contest. Everybody in the room was spellbound." Irwin's undeniable charisma and competence won over everyone present.</p> <p>The dynamic between Morris and Irwin promises to be a refreshing change for fans who have followed the show for nine seasons. Julia herself hinted at a "different energy", while also cheekily mentioning there might be "a little less shameless flirting" than viewers were accustomed to with Dr Chris Brown.</p> <p>Despite the age gap, both hosts are excited about this unique collaboration. Julia humorously acknowledges, "Robert is only just a whisper older than my eldest child, so I've really got my mummy protection pants on." She also jokes about needing Robert's assistance with a zimmer frame in the distant future.</p> <p>Irwin is embracing this new role, acknowledging that it's a significant step in his career, considering he is just 19 years old. "I'm the first to say, this is something new for me, but that's what makes it so exciting," Irwin commented. His deep passion for wildlife and conservation, coupled with his love for Africa, promises to bring a fresh perspective to the show.</p> <p>The official announcement of Robert Irwin's inclusion in <em>I'm A Celebrity … Get Me Out of Here!</em> was made at the Channel 10 Upfronts, alongside a host of other exciting revelations for the network. Some of the highlights include the reboot of <em>Gladiators</em> in early 2024, a new season of <em>Australian Survivor</em> with a Titans vs. Rebels theme, and the return of popular shows like <em>MasterChef</em>, <em>Hunted</em>, and <em>Amazing Race: Celebrity Edition</em>. Additionally, Grant Denyer is set to embark on a new adventure as the host of <em>Deal or No Deal</em>.</p> <p><em>Images: Network Ten</em></p>

TV

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First state to lock in Matilda's public holiday promise

<p>New South Wales premier Chris Minns has backed Anthony Albanese's proposal to implement a public holiday if The Matildas win the FIFA Women's World Cup.</p> <p>The Prime Minister flagged the idea of a public holiday if the Australian women's team claim the victory, however, the actual decision for the day off will come down to each individual state. </p> <p>NSW Premier Chris Minns has thrown his support behind the idea, and has even put forward the idea of a "ticker tape parade" through the Sydney CBD.</p> <p>"If the Matildas win the semi-final and then win the World Cup final, then yes we will pursue a public holiday in NSW, not just to celebrate the victory but also to have a massive civic celebration and allow the Matildas to celebrate with the people of Sydney what will be an amazing, like, life-changing and unbelievable event in the state's history," Minns told 2GB's Ben Fordham on Monday morning.</p> <p>He said the government was currently working on "contingency plans" in the event of the Matilda's victory.</p> <p>Minns went on to say that any celebrations would happen the week of the winning game, and not the Monday after. </p> <p>Despite the surge of support for the Matildas throughout the tournament, some businesses have opposed the idea of a public holiday, saying they can't afford the expense. </p> <p>"If we did do it in Sydney for a big public holiday, and a massive ticker tape parade, can you imagine the kind of energy and economic excitement," Minns said.</p> <p>The Matildas will be taking on England in the semi-final game on Wednesday night, with the winner going into the final against either Spain or Sweden. </p> <p><em>Image credits: Getty Images</em></p>

News

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Promising Alzheimer’s drug offers hope for a bright future in treatment

<p>A remarkable and significant breakthrough in the fight against Alzheimer’s disease is ushering in a new era of hope and possibilities for patients grappling with early onset dementia.</p> <p>Scientists and researchers are celebrating this groundbreaking development, viewing it as a tremendous opportunity to transform the landscape of Alzheimer's treatment.</p> <p>The drug in question, donanemab, developed by Eli Lilly, has shown remarkable success in clinical trials and is anticipated to receive approval from the Food and Drug Administration later this year, according to a report in the <a href="https://nypost.com/2023/07/17/alzheimers-drug-donanemab-lowers-risk-of-dementia/" target="_blank" rel="noopener"><em>New York Post</em></a>.</p> <p>Individuals who participated in the donanemab trials experienced a remarkable 40% reduction in the risk of transitioning from mild cognitive impairment to mild or moderate dementia. This is an extraordinary advancement that brings renewed optimism to those affected by this devastating condition.</p> <p>Donanemab would be the third Alzheimer’s drug to emerge in recent months, following the introduction of Leqembi and Aduhelm. This is just the beginning of an exciting new chapter in the realm of molecular therapies for Alzheimer's, as expressed by Dr. Gil Rabinovici, director of the University of California San Francisco’s Memory and Ageing Centre, in an editorial for <em>JAMA</em>.</p> <p>Dr. Daniel Skovronsky, the chief scientific and medical officer at Lilly, has emphasised the significance of this breakthrough. He states, "This will be a very important and meaningful drug," as quoted in <em>Fierce Biotech</em>. Skovronsky further adds, "[T]here’s a huge opportunity here for patients." Such resolute optimism is inspiring, reflecting the tremendous potential this drug holds for transforming lives.</p> <p>Similar to Leqembi and Aduhelm, donanemab is a monoclonal antibody designed to target plaque in the brain, specifically the amyloid protein. These amyloid plaques are responsible for the propagation of another protein called tau, which contributes to the development of Alzheimer's disease.</p> <p>Notably, the donanemab trial also revealed that the drug slowed cognitive decline by an impressive 35% compared to a placebo in individuals with low to intermediate levels of tau protein in the brain. In fact, donanemab demonstrated superior efficacy in clearing amyloid plaques when compared to Aduhelm and Leqembi.</p> <p>Moreover, unlike Leqembi, which necessitates long-term usage, patients taking donanemab may follow a fixed-duration dosing schedule, potentially allowing some individuals to discontinue the treatment after a certain period. "I expect that many patients will be able to stop dosing even as soon as 12 months," Skovronsky affirmed. This stands as a significant departure from being prescribed a lifelong medication, providing an exciting and meaningful prospect for patients.</p> <p>While it is important to note that these new Alzheimer’s drugs do carry limitations and risks, medical experts remain cautiously optimistic. Donanemab, along with the other emerging drugs, has been associated with brain swelling and bleeding. Tragically, three individuals in the donanemab clinical trial lost their lives due to these side effects.</p> <p>The risk of brain swelling and bleeding is heightened among those carrying the APOE4 gene, which is associated with an increased susceptibility to Alzheimer’s. Furthermore, individuals with more advanced stages of the disease showed minimal to no benefit compared to those who received a placebo.</p> <p>As a result, it is possible that donanemab will be recommended primarily for individuals with low to intermediate levels of tau proteins, indicating milder forms of the disease.</p> <p>Nevertheless, Skovronsky and other medical experts maintain their optimism regarding the FDA's approval, expressing the urgent need for it to come to fruition. Skovronsky highlights, "Every day that goes by, there are some patients who pass through this early stage of Alzheimer’s disease and become more advanced, and they won’t benefit from treatment. That’s a very pressing sense of urgency."</p> <p>While challenges and risks remain, the emergence of donanemab and its potential approval by the FDA represents a beacon of hope for the millions of individuals and families affected by Alzheimer's disease. It symbolises the start of a new chapter in the fight against this debilitating condition, offering renewed prospects for a brighter future filled with effective treatments and improved quality of life.</p> <p><em>Image: Shutterstock</em></p> <p> </p>

Mind

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Matildas bet on Albo’s public holiday promise

<p dir="ltr">When Australian Prime Minister Anthony Albanese first floated the idea of a public holiday for soccer success with the Socceroos and the Men’s World Cup, fans all over were eager for the chance to celebrate. </p> <p dir="ltr">And now, with the Women’s World Cup approaching, all eyes have turned to the Matildas as they strive for victory, with some asking if the public holiday promise extends to the nation’s beloved women’s team, too. </p> <p dir="ltr">And while speaking to <em>The Daily Aus</em>, Albanese had the answer that many were hoping for. However, the promise came with just one major condition - the Matildas had to secure victory.</p> <p dir="ltr">“It’s up to each state and territory to designate public holidays,” he said. “But rest assured - should the Matildas win the World Cup on home soil, I reckon there will be a race by Premiers to declare a public holiday.”</p> <p dir="ltr">And the Matildas were quick to prove themselves up to the challenge, responding to a social media recap on the situation to write “Bet”, along with a handshake emoji. </p> <blockquote class="instagram-media" style="background: #FFF; border: 0; border-radius: 3px; box-shadow: 0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width: 540px; min-width: 326px; padding: 0; width: calc(100% - 2px);" data-instgrm-captioned="" data-instgrm-permalink="https://www.instagram.com/p/CtdjeCDLo7h/?utm_source=ig_embed&amp;utm_campaign=loading" data-instgrm-version="14"> <div style="padding: 16px;"> <div style="display: flex; flex-direction: row; align-items: center;"> <div style="background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 40px; margin-right: 14px; width: 40px;"> </div> <div style="display: flex; flex-direction: column; flex-grow: 1; justify-content: center;"> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 100px;"> </div> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 60px;"> </div> </div> </div> <div style="padding: 19% 0;"> </div> <div style="display: block; height: 50px; margin: 0 auto 12px; width: 50px;"> </div> <div style="padding-top: 8px;"> <div style="color: #3897f0; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: 550; line-height: 18px;">View this post on Instagram</div> </div> <div style="padding: 12.5% 0;"> </div> <div style="display: flex; flex-direction: row; margin-bottom: 14px; align-items: center;"> <div> <div style="background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(0px) translateY(7px);"> </div> <div style="background-color: #f4f4f4; height: 12.5px; transform: rotate(-45deg) translateX(3px) translateY(1px); width: 12.5px; flex-grow: 0; margin-right: 14px; margin-left: 2px;"> </div> <div style="background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(9px) translateY(-18px);"> </div> </div> <div style="margin-left: 8px;"> <div style="background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 20px; width: 20px;"> </div> <div style="width: 0; height: 0; border-top: 2px solid transparent; border-left: 6px solid #f4f4f4; border-bottom: 2px solid transparent; transform: translateX(16px) translateY(-4px) rotate(30deg);"> </div> </div> <div style="margin-left: auto;"> <div style="width: 0px; border-top: 8px solid #F4F4F4; border-right: 8px solid transparent; transform: translateY(16px);"> </div> <div style="background-color: #f4f4f4; flex-grow: 0; height: 12px; width: 16px; transform: translateY(-4px);"> </div> <div style="width: 0; height: 0; border-top: 8px solid #F4F4F4; border-left: 8px solid transparent; transform: translateY(-4px) translateX(8px);"> </div> </div> </div> <div style="display: flex; flex-direction: column; flex-grow: 1; justify-content: center; margin-bottom: 24px;"> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 224px;"> </div> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 144px;"> </div> </div> <p style="color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; line-height: 17px; margin-bottom: 0; margin-top: 8px; overflow: hidden; padding: 8px 0 7px; text-align: center; text-overflow: ellipsis; white-space: nowrap;"><a style="color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: normal; line-height: 17px; text-decoration: none;" href="https://www.instagram.com/p/CtdjeCDLo7h/?utm_source=ig_embed&amp;utm_campaign=loading" target="_blank" rel="noopener">A post shared by The Daily Aus (TDA) (@thedailyaus)</a></p> </div> </blockquote> <p dir="ltr">Passionate supporters - of both soccer and a day off - were thrilled to see it, with many agreeing that the Matildas were in with a real shot at the trophy, and as a result, the nation with the promised holiday. </p> <p dir="ltr">“When he said that he knew there was no way the men’s team would win in a million years,” one user wrote. “The women’s team however have one of the best chances of winning…suck it up boys!”</p> <p dir="ltr">Another agreed, writing that the Matildas “have more of a chance of winning too let’s face it.”</p> <p dir="ltr">“Give us a public holiday!” another chimed in. </p> <p dir="ltr">However, some had their concerns, mostly when it came to the hospitality and small business workers who wouldn’t reap the same rewards from the day. </p> <p dir="ltr">“I want them to win as much as anyone but as a business with 100 clients another public holiday for them to pay to their staff will hurt.....super is rising, awards are rising,” one said. “Give small businesses a break they employ the most people yet are forgotten!!!”</p> <p dir="ltr">“Too many PH already,” another complained. “Full time hospitality workers need a life too.”</p> <p dir="ltr">And for one user, it was a mixed affair, as they shared that “he possibly said it as the men’s team had no chance, but the Matilda’s!!! Yes! Although rather see Melbs Cup dropped in Vic &amp; we pick up a day dedicated to celebrate our Indigenous people &amp; history.”</p> <p dir="ltr"><em>Images: Getty</em></p>

News

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Federal Budget 2023: How to make the most of the key promises

<p dir="ltr">Treasurer Jim Charles has handed down his first budget for 2023/24, offering a series of measures aimed at tackling the cost-of-living crisis.</p> <p dir="ltr">Millions of Australians will receive a boost from the federal government medical care, bills and welfare payments, amid the forecast that the budget will be be in the black with a surplus of $4bn.</p> <p dir="ltr">Here’s what it means for you:</p> <p dir="ltr"><strong>Bill help</strong></p> <p dir="ltr">Those who are on the pension, a seniors card holder or a recipient of family tax benefits A and B will be eligible to get help with energy bills thanks to a deal between the states and Commonwealth that’s worth $1.5bn.</p> <p dir="ltr">That means over five million eligible households and one million eligible small businesses will benefit from the scheme.</p> <p dir="ltr">The relief will come in the form of credits that apply directly to their power bills rather than cash, and the amount they receive will depend on the state they live in.</p> <p dir="ltr"><strong>Medicare Relief</strong></p> <p dir="ltr">The incentives paid to GPs who bulk bill 11.6m eligible Australians including children under 16, pensioners and other concession card holders will increase.</p> <p dir="ltr">GPs will be able to claim the incentives for in-person consultations over six minutes long and certain telehealth consultations.</p> <p dir="ltr">GPs who bulk bill patients in the city will be paid a new incentive of $20.65 compared to the previous rate of $6.60, while regional GPs will receive a $31.40 incentive, up from $10.05.</p> <p dir="ltr"><strong>Welfare recipients</strong></p> <p dir="ltr">Over 1.1 million vulnerable Australians will benefit from a $40 fortnightly boost from September, if parliament agrees.</p> <p dir="ltr">The increased base rate will apply to people receiving JobSeeker, Youth Allowance, Parenting Payment (partnered), ABSTUDY, Disability Support Pension (Youth) and Special Benefit.</p> <p dir="ltr"><strong>Rental assistance</strong></p> <p dir="ltr">For many renters, this budget means that rent is forecasted to increase over the next year as the market tightens.</p> <p dir="ltr">However, for those currently receiving the maximum Commonwealth Rent Assistance allowance their payments will increase by 15 per cent.</p> <p dir="ltr">Here’s what the Federal Budget will look like at a glance:</p> <ul> <li dir="ltr"> <p dir="ltr">Budget deficit of $13.9 billion in 2023/24</p> </li> <li dir="ltr"> <p dir="ltr">Commonwealth net debt to rise to $574.9 billion (22.3 per cent of GDP) in 2023/24</p> </li> <li dir="ltr"> <p dir="ltr">Economic growth to fall to 1.5 per cent in 2023/24</p> </li> <li dir="ltr"> <p dir="ltr">Unemployment rate to rise to 4.25 per cent in 2023/24</p> </li> <li dir="ltr"> <p dir="ltr">Inflation as measured by CPI to be 3.25 per cent in 2023/24</p> </li> <li dir="ltr"> <p dir="ltr">Wages to rise by four per cent in 2023/24</p> </li> </ul> <p dir="ltr"> </p> <p dir="ltr">And here are the key measures the federal budget has promised:</p> <ul> <li dir="ltr"> <p dir="ltr">Energy bill relief for five million households and one million businesses</p> </li> <li dir="ltr"> <p dir="ltr">Triple bulk-billing incentives and more funding for urgent care clinics</p> </li> <li dir="ltr"> <p dir="ltr">Base rate of JobSeeker and other payments to be raised for 1.1 million households</p> </li> <li dir="ltr"> <p dir="ltr">Commonwealth Rent Assistant rise for 1.1 million households</p> </li> <li dir="ltr"> <p dir="ltr">Housing boost including tax breaks for build-to-rent investors</p> </li> <li dir="ltr"> <p dir="ltr">$4 billion extra for renewable energy</p> </li> <li dir="ltr"> <p dir="ltr">Tax breaks for small business to write-off assets and reduce energy costs</p> </li> <li dir="ltr"> <p dir="ltr">Targeted help for jobless aged over 55</p> </li> <li dir="ltr"> <p dir="ltr">Cut to cost of medicines</p> </li> </ul> <p><em>Image: Getty Images/ Martin Ollman / Stringer</em></p>

Money & Banking

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We were told we’d be riding in self-driving cars by now. What happened to the promised revolution?

<p>According to <a href="https://electrek.co/2015/12/21/tesla-ceo-elon-musk-drops-prediction-full-autonomous-driving-from-3-years-to-2/">predictions</a> <a href="https://www.vanityfair.com/news/2016/09/lyfts-president-says-car-ownership-will-all-but-end-by-2025">made</a> nearly a decade ago, we should be riding around in self-driving vehicles today. It’s now clear the autonomous vehicle revolution was overhyped.</p> <p>Proponents woefully underestimated the technological challenges. It turns out developing a truly driverless vehicle is hard.</p> <p>The other factor driving the hype was the amount of money being invested in autonomous vehicle startups. By 2021, it was estimated more than <a href="https://www.washingtonpost.com/outlook/2022/02/04/self-driving-cars-why/">US$100 billion</a> in venture capital had gone into developing the technology.</p> <p>While advances are being made, it is important to understand there are multiple levels of autonomy. Only one is truly driverless. As established by <a href="https://www.sae.org/blog/sae-j3016-update">SAE International</a>, the levels are:</p> <ul> <li> <p>level 0 — the driver has to undertake all driving tasks</p> </li> <li> <p>level 1, hands on/shared control — vehicle has basic driver-assist features such as cruise control and lane-keeping</p> </li> <li> <p>level 2, hands off – vehicle has advanced driver-assist features such as emergency braking, adaptive cruise control, auto park assist and traffic-jam assist</p> </li> <li> <p>level 3, eyes off — vehicle drives itself some of the time</p> </li> <li> <p>level 4, mind off — vehicle drives itself most of the time</p> </li> <li> <p>level 5, steering wheel option — vehicle drives itself all the time.</p> </li> </ul> <h2>Why the slow progress?</h2> <p>It’s estimated the technology to deliver safe autonomous vehicles is about <a href="https://www.theguardian.com/technology/2022/mar/27/how-self-driving-cars-got-stuck-in-the-slow-lane">80% developed</a>. The last 20% is increasingly difficult. It will take a lot more time to perfect.</p> <p>Challenges yet to be resolved involve unusual and rare events that can happen along any street or highway. They include weather, wildlife crossing the road, and highway construction.</p> <p>Another set of problems has emerged since <a href="https://www.forbes.com/sites/simonmainwaring/2022/08/22/cruise-ride-hailing-goes-green-and-driverless/?sh=6a7439376843">Cruise</a> and <a href="https://www.theverge.com/2022/11/19/23467784/waymo-provide-fully-driverless-rides-san-francisco-california">Waymo</a> launched their autonomous ride-hailing services in San Francisco. The US National Highway Traffic and Safety Administration <a href="https://techcrunch.com/2022/12/16/cruises-autonomous-driving-tech-comes-under-scrutiny-from-safety-regulators/">opened an investigation</a> in December 2022, only six months after the <a href="https://www.theguardian.com/technology/2022/jun/03/california-driverless-taxi-cars-san-francisco">services were approved</a>. It cited incidents where these vehicles “may have engaged in inappropriately hard braking or became immobilized”.</p> <p>The San Francisco County Transportation Authority <a href="https://www.nytimes.com/2023/02/01/technology/self-driving-taxi-san-francisco.html" target="_blank" rel="noopener">stated</a>, "[I]n the months since the initial approval of autonomous taxi services in June 2022, Cruise AVs have made unplanned and unexpected stops in travel lanes, where they obstruct traffic and transit service and intrude into active emergency response scenes, including fire suppression scenes, creating additional hazardous conditions."</p> <p>In several cases, Cruise technicians had to be called to move the vehicles.</p> <h2>What’s happening now?</h2> <p>Active autonomous vehicle initiatives can be grouped into two categories: ride-hailing services (Cruise, Waymo and Uber) and sales to the public (Tesla).</p> <p>Cruise is a subsidiary of General Motors founded in 2013. As of September 2022, it operated 100 robotaxis in San Francisco and had plans to increase its fleet to 5,000. Critics said this would increase city traffic.</p> <p>Cruise also began to offer services in Chandler (a Phoenix suburb), Arizona, and Austin, Texas, in December 2022.</p> <p>Waymo, formerly the Google Self-Driving Car Project, was founded in January 2009. The company lost <a href="https://www.theverge.com/2022/11/11/23453262/waymo-av-driverless-taxi-phoenix-california-dmv-progress">US$4.8 billion in 2020 and US$5.2 billion in 2021</a>.</p> <p>Waymo One provides autonomous ride-hailing services in <a href="https://www.theverge.com/2023/2/28/23617278/waymo-self-driving-driverless-crashes-av">Phoenix as well as San Francisco</a>. It plans to expand into <a href="https://www.theverge.com/2022/10/19/23410677/waymo-los-angeles-autonomous-robotaxi-service-launch">Los Angeles</a> this year.</p> <p>Uber was a major force in autonomous vehicle development as part of its business plan was to replace human drivers. However, it ran into problems, including a crash in March 2018 when a self-driving Uber killed a woman walking her bicycle across a street in Tempe, Arizona. In 2020, Arizona Uber sold its AV research division to Aurora Innovation.</p> <p>But in October 2022 Uber got back into autonomous vehicles by <a href="https://www.forbes.com/sites/samabuelsamid/2022/10/06/motional-and-uber-announce-10-year-deal-to-deploy-automated-vehicles-in-multiple-us-markets/?sh=44d83a84273e">signing a deal</a> with Motional, a joint venture between Hyundai and Aptiv. Motional will provide autonomous vehicles for Uber’s ride-hailing and delivery services.</p> <p>Lyft, the second-largest ride-sharing company after Uber, operates in the US and Canada. Like Uber, Lyft had a self-driving unit and in 2016, Lyft co-founder John Zimmer <a href="https://www.vanityfair.com/news/2016/09/lyfts-president-says-car-ownership-will-all-but-end-by-2025">predicted</a> that by 2021 the majority of rides on its network would be in such vehicles (and private car ownership would “all but end” by 2025). It didn’t happen. By 2021, Lyft had also <a href="https://techcrunch.com/2021/04/26/lyft-sells-self-driving-unit-to-toyotas-woven-planet-for-550m/">sold its self-driving vehicle unit</a>, to Toyota.</p> <p>In 2022, Zimmer <a href="https://techcrunch.com/2022/10/20/lyft-co-founder-says-autonomous-vehicles-wont-replace-drivers-for-at-least-a-decade/">said</a> the technology would not replace drivers for at least a decade. However, Lyft did partner with Motional in August 2022 to launch <a href="https://www.prnewswire.com/news-releases/lyft-and-motional-deliver-the-first-rides-in-motionals-new-all-electric-ioniq-5-autonomous-vehicle-301606519.html">robotaxis in Las Vegas</a> and <a href="https://www.reuters.com/business/autos-transportation/lyft-motional-launch-robotaxi-service-los-angeles-2022-11-17/">Los Angeles</a>.</p> <p>Telsa is the <a href="https://www.ev-volumes.com/">world leader in sales</a> of battery electric vehicles. It also purports to sell vehicles with full automation. However, by the end of 2022, no level 3, 4 or 5 vehicles were for sale in the United States.</p> <p>What Telsa offers is a full self-driving system as a US$15,000 option. Buyers acknowledge they are buying a beta version and assume all risks. If the system malfunctions, Telsa does not accept any responsibility.</p> <p>In February 2023, the National Highway Traffic Safety Administration <a href="https://amp.theguardian.com/technology/2023/feb/16/tesla-recall-full-self-driving-cars">found</a>, "[Fully self-driving] beta software that allows a vehicle to exceed speed limits or travel through intersections in an unlawful or unpredictable manner increases the risk of a crash."</p> <p>This led to Tesla <a href="https://www.theguardian.com/technology/2023/feb/16/tesla-recall-full-self-driving-cars">recalling 362,000 vehicles</a> to update the software.</p> <p>Another setback for autonomous vehicle sales to the public was the October 2022 announcement that Ford and VW had decided to <a href="https://techcrunch.com/2022/10/26/ford-vw-backed-argo-ai-is-shutting-down/">stop funding autonomous driving technology company Argo AI</a>, resulting in its closure. Both Ford and VW decided to shift their focus from level 4 automation to levels 2 and 3.</p> <h2>So, what can we expect next?</h2> <p>Autonomous vehicle development will continue, but with less hype. It’s being recognised as more an evolutionary process than a revolutionary one. The increasing cost of capital will also make it harder for autonomous vehicle startups to get development funds.</p> <p>The areas that appear to be making the best progress are autonomous ride-hailing and heavy vehicles. Self-driving car sales to the public are <a href="https://www.drive.com.au/news/level-4-self-driving-technology-mercedes-benz/">further down the track</a>.</p> <p><em>This article originally appeared on <a href="https://theconversation.com/we-were-told-wed-be-riding-in-self-driving-cars-by-now-what-happened-to-the-promised-revolution-201088" target="_blank" rel="noopener">The Conversation</a>.</em></p> <p><em>Images: Getty</em></p>

Technology

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What explained the seismic 2022 federal election?

<p>The 2022 Australian federal election was distinctive in two ways.</p> <p>First, it was held in the wake of a major crisis – the COVID-19 pandemic. While the salience of the pandemic had subsided by the time of the election, voters’ assessments of the Coalition government’s performance on the pandemic proved to be a major factor in their voting decision, as did the cost of living crisis it helped create.</p> <p>Second, almost one in three voters cast their ballots for a minor party or independent candidate, the highest since the 1930s. Of the two major parties, the Liberals fared worst, winning their lowest seat share since 1946 (the first election the party contested). But Labor didn’t reap the benefits of this Liberal decline, with the party recording its lowest primary vote since the 1930s.</p> <p>What explains this seismic result, and what does it tell us about the future of electoral politics in Australia?</p> <p>Using the just-released 2022 Australian Election Study (AES) – a comprehensive post-election survey conducted at each election since 1987 – we can answer these questions.</p> <h2>Why the Coalition lost</h2> <p>A perception of poor government performance played a key role in the Coalition defeat. In 2022 there were three performance explanations for the Coalition’s defeat – the economy, the pandemic, and Scott Morrison’s leadership.</p> <p>With rising inflation and a cost of living crisis, around two-thirds of voters thought the economy had worsened in the 12 months leading up to the election. This was the most pessimistic view of the economy in over three decades.</p> <p>In previous elections, voters have usually preferred the Coalition over Labor on economic issues. In 2022, however, voters preferred Labor over the Coalition on the cost of living – the single biggest issue in the election.</p> <p>The Coalition’s performance on the pandemic was also regarded as unsatisfactory. Just 30% of Australians thought the federal government had handled the pandemic well. Indeed, voters had much more favourable views of their state governments’ performance. Because virtually the whole period between the 2019 and 2022 elections was dominated by the pandemic, the public’s evaluations of the Morrison government’s performance were therefore closely associated with the pandemic.</p> <p>The third reason for the Coalition defeat was the negative opinions many voters formed of Morrison’s leadership. While Morrison was generally popular when he won the election in 2019, by 2022 he had become the most unpopular major party leader since at least 1987. Morrison wasn’t considered honest and trustworthy, two of the traits most closely associated with how favourable we view leaders. The public’s dislike of Morrison has its origins in his Hawaii holiday during the 2019-20 bushfires, and was strengthened by a perception of poor performance in the second year of the pandemic.</p> <h2>Labor’s ‘victory by default’</h2> <p>Labor won the election despite their record low vote and a 0.8% swing against them. Indeed one newspaper <a href="https://www.theaustralian.com.au/nation/politics/anthony-albanese-wins-but-its-a-victory-by-default-for-labor/news-story/75b7d87c9b61157a16dc6d772c306deb" target="_blank" rel="noopener">described</a> it as a “victory by default”.</p> <p>During the election campaign, Labor adopted a “small target” strategy. While Labor fought the 2019 election on ambitious proposals for tax reform, in the 2022 election they avoided putting forward policies that would deter voters, and emphasised their policy agreement with the Coalition – even promising to keep the Coalition’s stage three income tax cuts.</p> <p>The effects of this change in Labor strategy are evident in the AES data. Fewer voters cast their ballots based on policy preferences than in 2019, and the proportion of voters who saw “a good deal of difference” between the parties declined from 40% in 2019 to 28% in 2022.</p> <p>Labor also entered the election with Anthony Albanese as leader, who was more popular than both Scott Morrison and Labor’s predecessor, Bill Shorten. The previous majority government win for Labor in 2007 was one that generally inspired voters. Indeed in 2007, Kevin Rudd was the most popular prime minister in the history of the AES, and satisfaction with democracy was at a record high at that time.</p> <p>By contrast, Labor’s 2022 win was more about directing attention to the Coalition’s weak performance, rather than putting forward a policy agenda that was really attractive to voters.</p> <h2>The big movers: women and young people</h2> <p>The 2022 election brought into sharp focus two major changes in party support that have been slowly eroding the social bases of the major parties: gender and generation.</p> <p>There’s a significant gender gap in voter behaviour – since the early 2000s, fewer women have voted for the Coalition than men. Labor has the opposite gender voting gap, attracting more votes from women than men (though to a lesser extent).</p> <p>Since 2016, the gender gap in voting has been greater than in all previous elections covered by the AES. In 2022 just 32% of women voted for the Coalition, the lowest share ever. One contributing factor to this collapse in female support for the Coalition is the treatment of women within the Liberal party.</p> <p>The divide between how younger and older generations of Australians vote is more pronounced than the gender gap. Millennials (the oldest of whom are now in their 40s) and Generation Z (those born after 1996) make up an increasing proportion of the electorate, greatly outnumbering Baby Boomers.</p> <p>These younger generations have different voting patterns to previous generations at the same stage of life, and are also much further to the left in their party preferences. Just 27% of Millennials said they voted for the Coalition in 2022.</p> <p>At no time in the 35-year history of the AES has there been such a low level of support for either major party among younger people.</p> <p>The assumption that Millennials and Gen Z will shift to the right as they age hasn’t been supported by the evidence thus far. Which generation one is in seems to have a much more significant effect on voting behaviour than one’s age.</p> <p>Therefore, the implication is the electorate is moving further to the left and becoming more progressive across a range of policy areas.</p> <h2>Increasing voter volatility</h2> <p>As the traditional social bases of the major parties have gradually changed, so too have the political ties that have bound voters to parties. Around one in four voters say they don’t have an attachment to a political party, the highest figure ever recorded in the AES. The proportion of voters who considered voting for another party during the election campaign, at 36%, has at no time been higher.</p> <p>This is reflected most dramatically in the proportion of voters who said they had always voted for the same party. In 1967 this figure was 72%, and in 2022 it declined to an all-time low of 37%.</p> <h2>What now for the party system?</h2> <p>If voters are drifting away from the major parties, who are they choosing instead and what are the implications for the party system?</p> <p>The “teal” independents were obviously an important beneficiary. However, most teal voters were former Labor and Green voters casting a tactical vote to unseat a Liberal candidate. The medium-term fate of the teals will depend on how far they can create a distinct political identity to hold their support together at the 2025 election. More broadly, support for minor parties and independent candidates will continue to increase.</p> <p>The gradual changes in voting behaviour that are taking place, and which were especially pronounced in the 2022 election, represent an existential crisis for the Liberals. With their support base declining through generational replacement, they must not only attract new voters but also stem defection to give themselves a chance of election.</p> <p>As the political agenda moves towards support for action on climate change, constitutional recognition for Aboriginal and Torres Strait Islander people, and (perhaps) moving to a republic – all issues on which the Coalition is divided – it’s unclear where these new voters will come from.</p> <p><strong>This article originally appeared on <a href="https://theconversation.com/what-explained-the-seismic-2022-federal-election-the-australian-election-study-has-answers-195286" target="_blank" rel="noopener">The Conversation</a>.</strong></p> <p><em>Images: Getty</em></p>

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Experimental Alzheimer’s drug shows promise

<p>The first drug that can slow the rate of decline in Alzheimer’s patients has been found. The experimental drug, called lecanemab, is an antibody that targets the toxic clumps of amyloid protein associated with the mind-robbing disease. While these results are cause for celebration, there are still significant questions about its safety and rollout.</p> <p>The full results of the phase 3 lecanemab drug trial (the final stage of testing in humans) have <a href="https://www.nejm.org/doi/full/10.1056/NEJMoa2212948">been published in the New England Journal of Medicine</a>. The trial showed that patients receiving the drug had a 27% slower disease progression than those receiving a placebo after 18 months of treatment.</p> <p>Overall, this is good news. For the first time, we have a potential treatment that has a demonstrated effect on both the symptoms and underlying pathology of Alzheimer’s disease. These results are a breakthrough in the search for treatments for this devastating disease and give a strong indication that the course of the disease can be altered.</p> <p>But the results paint a mixed picture for those with Alzheimer’s. On one hand, this is the first drug that has been shown to have any effect on slowing the progression of the disease. On the other hand, the apparent effects are slight and the risks are not inconsiderable.</p> <p>About 1,800 people with early-stage Alzheimer’s took part in the global trial. The participants were randomly assigned to receive either lecanemab or placebo intravenously every two weeks. The study was “double blind”, meaning neither the participants nor the researchers knew who was receiving the experimental drug and who was receiving the placebo until the end of the trial.</p> <p>Throughout the study, the participants’ disease progression was tracked using the clinical dementia rating scale, which scores the patient on cognition and ability to live independently. The participants’ brains were also scanned for the two proteins commonly associated with Alzheimer’s disease: amyloid and tau.</p> <p>Alzheimer’s scores in both groups worsened during the 18 months of the study, but the rate of decline was slower in those receiving the lecanemab. Also, the magnitude of the slowing, while statistically significant (not likely to be due to chance) was small – a 0.45 reduction on an 18-point scale.</p> <p>Some experts are concerned that this effect may not be clinically meaningful. In a <a href="https://www.sciencemediacentre.org/expert-reaction-to-phase-3-trial-results-of-lecanemab-for-early-alzheimers-disease/">statement to the Science Media Centre</a>, Rob Howard, professor of old age psychiatry at UCL, said that “none of the reported results, including the primary outcome, reached accepted levels of improvement to constitute a clinically meaningful treatment effect”.</p> <p>The success of lecanemab was also measured by the amount of amyloid and tau protein in those on the experimental drug compared with those receiving the placebo infusion. The results showed a reduction in these proteins in those receiving lecanemab.</p> <p>Indeed, the levels of brain amyloid were reduced to below the threshold needed for a positive Alzheimer’s diagnosis. However, markers of brain cell death were unaffected, indicating that amyloid in Alzheimer’s disease is just one mechanism in a complicated disease landscape.</p> <h2>Side-effects</h2> <p>About one in four participants (26.6%) in the lecanemab group experienced brain swelling or a bleed on the brain (which can be both minor or major). STAT, a medical news website, <a href="https://www.statnews.com/2022/10/28/patient-death-lecanemab-alzheimers-trial/">reported that a man died of a brain haemorrhage</a> after receiving lecanemab, citing a possible interaction with his blood thinning medication.</p> <p>A short while later, the <a href="https://www.science.org/content/article/second-death-linked-potential-antibody-treatment-alzheimer-s-disease">journal Science reported</a> a second death of a trial patient, also after receiving treatment for a stroke. However, the drug’s developer, Eisa, told Science: “All the available safety information indicates that lecanemab therapy is not associated with an increased risk of death overall or from any specific cause.”</p> <p>Nevertheless, given the possibility that patients may be on the drug for the rest of their lives, more research is needed on safety and interactions with existing medications.</p> <p>It’s also important to find out how long-lived the improvements in cognition are, and whether the drug continues to slow the rate of decline, or if the results plateau – or even decline.</p> <p>It should be noted that only patients who had a sufficient level of amyloid detected in the brain or spinal fluid – which requires a PET brain scan or an invasive lumbar puncture – were eligible to take part in this phase 3 trial. In the UK, Alzheimer’s is currently diagnosed via an interview with a doctor. Dr Susan Kohlhaas, director of research at Alzheimer’s Research UK, says the <a href="https://www.sciencemediacentre.org/expert-reaction-to-phase-3-trial-results-of-lecanemab-for-early-alzheimers-disease/">NHS is not ready for a new era of dementia treatment</a>.</p> <blockquote> <p>We estimate that unless there are drastic changes in how people access specialist diagnostic tests for Alzheimer’s disease, only 2% of people eligible for drugs like lecanemab will be able to access them.</p> </blockquote> <p>Restructuring NHS dementia services to provide routine and timely PET scans or lumbar punctures would be a costly and lengthy process.</p> <p>Based on previous results, Eisai applied to the US drug regulator (the Food and Drug Administration) for accelerated approval of their drug. A decision is expected by January 6 2023. If accelerated approval is granted by the regulator, these latest results will probably support an application for full approval.</p> <figure class="align-right "><figcaption></figcaption></figure> <p><em>Listen to The Conversation’s podcast series <a href="https://theconversation.com/uk/topics/uncharted-brain-decoding-dementia-128903">Uncharted Brain: Decoding Dementia</a> to find out more about the latest research unlocking clues to the ongoing mystery of how dementia works in the brain. Find all episodes via <a href="https://podfollow.com/the-anthill/view">The Anthill podcast</a>.</em><!-- Below is The Conversation's page counter tag. Please DO NOT REMOVE. --><img style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important;" src="https://counter.theconversation.com/content/195383/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" /><!-- End of code. If you don't see any code above, please get new code from the Advanced tab after you click the republish button. The page counter does not collect any personal data. More info: https://theconversation.com/republishing-guidelines --></p> <p><a href="https://theconversation.com/profiles/ritchie-williamson-1346959">Ritchie Williamson</a>, Director of research, Associate Professor in Therapeutics, <em><a href="https://theconversation.com/institutions/university-of-bradford-911">University of Bradford</a></em> and <a href="https://theconversation.com/profiles/stuart-dickens-1397610">Stuart Dickens</a>, Post Doctoral Research Assistant, <em><a href="https://theconversation.com/institutions/university-of-bradford-911">University of Bradford</a></em></p> <p><em>Image: Shutterstock</em></p> <p>This article is republished from <a href="https://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/experimental-alzheimers-drug-shows-promise-but-there-are-many-hurdles-still-to-overcome-195383">original article</a>.</p>

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“You couldn’t pull it off”: Kochie grills Anthony Albanese over election promises

<p dir="ltr">Prime Minister Anthony Albanese has come under fire from <em>Sunrise</em> host David ‘Kochie’ Koch over two election promises the host says were broken in Tuesday’s federal budget.</p> <p dir="ltr">Kochie brought up two promises Mr Albanese made to Australians before taking on the top job, including real wage increases and a drop in power bills by $275.</p> <p dir="ltr">“Now, those two in this budget are a fail,” the Sunrise host said.</p> <p dir="ltr">“What do you say to voters … you have broken two promises?”</p> <p dir="ltr">Refuting that promises regarding wages were broken, the Prime Minister said the minimum wage had increased by 5.2 percent, with inflation at the time sitting at 5.1 percent.</p> <p dir="ltr">“That is a real wage increase for minimum wage workers out there,” he said.</p> <p dir="ltr">As for slashing power bills, Kochie pointed out that they were instead going up by more than half over the next year and a half.</p> <p dir="ltr">“You said you’d save $275 a year on power bills, and now they are going up 56 percent over the next 18 months,” Kochie said.</p> <p dir="ltr">“The Ukraine war has been going a fair while. We knew this was happening.”</p> <p dir="ltr">Mr Albanese conceded that the war in Ukraine was one contributor to increasing prices while also attributing it to “failed energy policies” under the previous Coalition government.</p> <p dir="ltr">“One [reason] is the Ukraine war, which has been going on for some time, that has flowed through into global prices,” the Prime Minister explained.</p> <p dir="ltr">“We know global energy prices have fed into global inflation.</p> <p dir="ltr">“In our competitors, many of them are looking at double-digit inflation. You are aware of that pressure.</p> <p dir="ltr">“As well as that, we had 10 years of failed energy policies, we saw four gigawatts leave the system, and only one go back in. If you have less supply, that has an impact on price. That is why we are dealing with that through our Powering Australia Plan.”</p> <p dir="ltr">Kochie didn’t let up though and questioned why Mr Albanese made the promise in the first place if he knew he “couldn’t pull it off”.</p> <p dir="ltr">“But you shouldn’t have made the promise because you knew you couldn’t pull it off,” he said.</p> <p dir="ltr">Co-host Natalie Barr also weighed in, pointing out that election promises influence who Australians vote for.</p> <p dir="ltr">“When it comes to power prices, there are real pressures out there,” Mr Albanese continued.</p> <p dir="ltr">“We understand people are doing it tough. We understand the power price issue is a difficult one. That’s why we’ve flagged the preparedness for further regulatory reform.”</p> <p dir="ltr">Treasurer Jim Chalmers received similar treatment from the morning show host, with the war in Ukraine being a sore point.</p> <p dir="ltr">“I think Australians understand, Kochie, that when you’ve got a war in Europe which is causing havoc on global energy markets, then that has consequences for electricity prices here in Australia,” Mr Chalmers said.</p> <p dir="ltr">“I think people do understand that, and I think they also understand that renewable energy, it’s not just cleaner energy, it’s cheaper energy as well, that remains the case.</p> <p dir="ltr">“What we’re doing in this budget is investing in new sources of energy, which is important over time, but we have also got necessary regulatory steps.</p> <p dir="ltr">“There is more work to be done when it comes to the electricity market and we do understand these electricity price rises make it harder for Australians who are already under the pump, and that is why we are taking some of the steps that we are taking.”</p> <p dir="ltr">In the new budget, the Powering Australia Plan will see $20 billion spent on upgrading the electrical grid, including connecting Tasmania’s Battery of the Nation, a network of hydropower and power stations, to the East Coast transmission network.</p> <p dir="ltr">The government also plans to spend $224.3 million on a program delivering 400 community batteries to store excess solar energy, as well as $102.2 million on a program to help up to 25,000 households access solar-powered energy.</p> <p><span id="docs-internal-guid-55c6cc6b-7fff-6ff4-a709-6821f16e69b5"></span></p> <p dir="ltr"><em>Images: Sunrise</em></p>

Money & Banking

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"I'm so sorry I had to do this": Thief leaves hand-written apology and desperate promise

<p>One desperate thief had left behind quite a sad note after committing a crime in Auckland.</p> <p>In an interesting turn of events, a couple had woken up to find their car had been broken into and the battery was stolen overnight. The offender had left behind a hand-written note in the engine addressed to the victims, apologising to them.</p> <p>The note read: “I’m so sorry I had to do this. When I am in a fortunate position I will put $200 in your wipers.”</p> <p>One of the victims shared: “The thief actually left a nice note. Don’t feel half as angry as I should but still have no way to get to work.”</p> <p>The resident, who wished to remain anonymous, told the Herald that while she should have been furious she wishes the offender had knocked on the door asking for help instead.</p> <p>“I personally felt a bit sorry that he was in such strife that he turned to crime. So I should have been angry - and probably would have been if he hadn’t left the note.</p> <p>“It’s tough out there for some and getting worse. I’d probably have just bloody given him the money if he’d knocked on the door.”</p> <p>Her husband also showed immense sympathy, despite having their privacy violated and being stolen from.</p> <p>“I couldn’t even feel angry about it in the end. It was more or less an apology. We’re all living hard lives at the moment with inflation and the cost of living going up, it’s sad that there is someone out there going around that desperate."</p> <p>While showing sympathy for the offender, the victims also described the note as “strange” given they were able to rip a battery out “in a hurry” but had enough time to “write and deposit a note”.</p> <p><em>Image: NZ Herald </em></p>

Legal

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“This house is my special place”: Wendy Whiteley promises $100 million gift to NSW

<p dir="ltr">Wendy Whiteley has made an “extraordinary” cultural gift to NSW, promising to sell her Lavender Bay home and bequeath her collection of her late husband Brett Whiteley’s artworks to the Art Gallery of NSW.</p> <p dir="ltr">The collection is worth more than $100 million and will be among the largest single donations the gallery has received in its 151-year history according to director Michael Brand.</p> <p dir="ltr">“This gift is yet another example of what an outstanding citizen of our harbour city Wendy Whiteley is, and why she continues to be so admired and revered,” Brand <a href="https://www.artgallery.nsw.gov.au/media-office/whiteley-bequest/" target="_blank" rel="noopener">said</a>.</p> <p dir="ltr">Almost 2000 artworks spanning Whiteley’s career will be left jointly to the gallery and the Brett Whitely Foundation.</p> <p dir="ltr">As for Wendy’s home, which has lived in since 1969, it will not be preserved in public ownership.</p> <p dir="ltr">The 81-year-old has instead instructed that it be sold upon her death, with the proceeds going into a trust to secure the future of the collection and the Brett Whiteley Studio in Surry Hills.</p> <p dir="ltr">“It doesn’t amke any sense to turn [the house] into another museum,” Wendy told <em><a href="https://www.smh.com.au/culture/art-and-design/this-house-needs-a-family-again-wendy-whiteley-s-extraordinary-100-million-gift-to-nsw-20220615-p5atzy.html" target="_blank" rel="noopener">The Sydney Morning Herald</a></em>. “It would be almost impossible to run it as a museum, having knowledge of what it costs to do this kind of thing. This house needs a family again. It would be lovely to think of a creative family but it would be enough if they loved it, and lived in it.</p> <p dir="ltr">She told the publication that she hopes its future owners would “keep an eye on the garden” and hassle “whoever’s in charge” if it starts to fall into disrepair.</p> <p dir="ltr">“I imagine I’m going to be here until, you know, they take me out in a coffin. Long ago I gave up taking anything for granted, like health or longevity,” she said.</p> <p dir="ltr">“The house is my special place, along with the garden and the studio. All have expanded my opportunity to lead a creative life. That’s what I’d like for others through this bequest.”</p> <p dir="ltr">The Wendy and Arkie Whiteley Bequest takes inspiration from the couple’s daughter, Arkie, who died just nine years after her father from cancer at the age of 37.</p> <p dir="ltr">After Arkie’s passing in 2001, Wendy became the sole custodian of the collection and solely responsible for maintaining her husband’s legacy.</p> <p dir="ltr">“Certainly this is Brett’s legacy, but it is also mine and my daughter’s because we made it happen,” Wendy said.</p> <p dir="ltr">The couple’s home in Lavender Bay features some of Brett’s major works, including Archibald Prize-winning Self portrait in the studio 1976, his Sir John Prize-winning Interior with time past 1976, and The jacaranda tree (on Sydney Harbour) 1977.</p> <p dir="ltr">Its significance was recognised in 2018 when it, along with the setting and former studio, were state heritage listed.</p> <p><span id="docs-internal-guid-2de9970e-7fff-474a-1226-96ec2f4f1454"></span></p> <p dir="ltr"><em>Image: Art Gallery of NSW</em></p>

Real Estate

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Labor forms majority government after securing 76 seats

<p>The Labor party has secured a majority government in the federal election after gaining the 76 seats they needed in order to govern in their own right.</p> <p>The formation of the Labor majority government means the party will not have to negotiate with an expanded crossbench in order to get legislation through the lower house.</p> <p>The majority government was formed as Labor MP Josh Burns was reelected in the Melbourne seat of Macnamara, bringing the seat count to the target number of 76. </p> <p>Given the Coalition was so far behind on the seat count, having lost legacy seats to teal independents, it was practically impossible the Liberal and National parties could use the crossbench to form a minority government.</p> <p>The crossbench will have 16 members, with an ideological spectrum that ranges from Queenslander Bob Katter on the right to the Greens on the left.</p> <p>Sources have suggested that it is likely that the new government will strike deals with the teals, independents and Greens to strengthen the passage of its legislation.</p> <p>Labor still needs to find a new deputy leader in the Senate to replace Kristina Keneally, who lost the seat of Fowler to independent candidate Dai Le in an embarrassing loss. </p> <p>The Labor caucus will determine who will serve in the cabinet when it meets later on Tuesday.</p> <p>The proportion of Left and Right members on the frontbench will be determined based on how many seats each faction wins.</p> <p><em>Image credits: Getty Images</em></p>

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Scott Morrison speaks for first time since election defeat

<p dir="ltr">Former prime minister Scott Morrison has said he is “thankful” for his time in leadership and that he looks forward to becoming a “quiet Australian” again following Saturday’s federal election result.</p> <p dir="ltr">In his first interview since Labor claimed victory, Mr Morrison told <a href="https://www.9news.com.au/national/federal-election-2022-scott-morrison-not-dwelling-on-loss/bfbdf117-adf4-4d59-8b5d-c1fbe519d6c7" target="_blank" rel="noopener">2GB’s</a> Ben Fordham that he was “of course” disappointed but respected the democratic process.</p> <p dir="ltr">“You accept the result and you move on and you’re thankful for the opportunity that you’ve had to serve the country,” he said.</p> <p dir="ltr">“When I was standing there on the Saturday night I was very mindful of what was happening in Ukraine, there is a country fighting for its very liberty and here we are a democratic nation changing a government through peaceful means.</p> <p dir="ltr">“The party will come together, it’s not the first time the Liberal Party has lost an election.”</p> <p dir="ltr">With Mr Morrison announcing he would step down as leader of the Liberal Party on election night and members of the party <a href="https://www.oversixty.com.au/news/news/crackin-election-result-sends-liberal-party-spinning" target="_blank" rel="noopener">weighing in on its future direction</a>, Mr Morrison spoke positively about what would happen under its new leader.</p> <p dir="ltr">“The party will regroup and focus again under new leadership and I look forward to giving that new leadership every support and then going back to being a quiet Australian in the shire [of Sydney],” he said.</p> <p dir="ltr">Mr Morrison is set to remain in politics but it is still unclear if he will take on, or be given, a shadow ministry.</p> <p dir="ltr">“I’ve got no plans to go anywhere, I’m going back to the shire and re-establishing our life back there, getting the girls back into their routine - I just dropped them off at school this morning,” he said.</p> <p dir="ltr">“I’m looking forward to being a dad again, it’s been a while since I’ve been able to spend as much time as I would’ve liked with the family.”</p> <p dir="ltr">Mr Morrison wasn’t the only one to lose out in the election, with many of his colleagues, including former treasurer Josh Frydenberg, losing their seats.</p> <p dir="ltr">“Obviously devastated that Josh won’t be there. Josh was a huge part of the party’s future,” Mr Morrison said.</p> <p dir="ltr">He added that his faith and family were helping him keep a level head in the wake of the significant loss, and said he was leaving the job “not with regrets but with a great sense of gratitude”.</p> <p dir="ltr">“You’re just very humbled by the opportunity you’ve had, you can dwell on defeat or you can dwell on the things that led you to go and do what you did,” Mr Morrison said.</p> <p dir="ltr">“I leave not with regrets but with a sense of gratitude.</p> <p dir="ltr">“Three years later the country’s moved in a different direction, that’s the nature of politics. I’ve never been one to get particularly flattered in victory or pessimistic in defeat.”</p> <p dir="ltr">Though pleased that Labor was on track to form a majority government, Mr Morrison said the “teal independents” had made many election promises during the campaign and hoped they would be held to account by the next parliament.</p> <p dir="ltr">“They were very vicious and very brutal campaigns, talking to my colleagues about them, they played things very hard on the ground,” he said.</p> <p dir="ltr">“Anyway, politics can be a tough and brutal business.”</p> <p dir="ltr">When asked whether he believed the Coalition needed to ensure it didn’t move further to the right after losing some key moderates, the former PM refused to comment.</p> <p><span id="docs-internal-guid-5a8f2d15-7fff-58fb-cd4f-8962d0b41868"></span></p> <p dir="ltr"><em>Image: Getty Images</em></p>

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