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Cheques to be phased out by 2030

<p>Cheques will be phased out in Australia by 2030 as the federal government aims to improve the nation’s payments system.</p> <p>Treasurer Jim Chalmers revealed his plan for major reforms in the way payments are made which will focus on cashless and mobile financial transactions.</p> <p>In a speech to the Australian Banking Association (ABA) in Sydney, he said Australia’s ageing payments infrastructure was restricting the country’s productivity levels.</p> <p>Chalmer’s said phasing out cheques and introducing a more efficient New Payment Platform would steer Australia into the path of a digital economy.</p> <p>The reforms will provide direction for the banks and payments industry’s investment in future technology, ABA chief executive Anna Bligh said.</p> <p>"With cheques now in steady decline and accounting for only 0.2 per cent of all payments, it's time to have a smooth and well-planned process to phase out this form of payment.</p> <p>"Australian banks will work with the government to ensure that customers and businesses are ready for a gradual and orderly phase out.”</p> <p>One of the more significant reasons behind the decline in cheques can be attributed to the costs to individuals and financial institutions.</p> <p>After consulting with states, territories and industry and community groups, cheques will cease by 2023.</p> <p>The reform will see Australia in line with several major economies that have already eradicated cheques.</p> <p><em>Image credit: Getty / Shutterstock</em></p>

Money & Banking

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"What am I going to do?”: Centrelink mother points out crucial flaw in new budget policy for parents

<p>An unemployed mother who relies on Centrelink benefits has broken down while noting a fatal flaw in Treasurer Jim Chalmers’ Federal Budget promises to parents.</p> <p>Jessica Blowers told ABC’s <em>Q&amp;A</em> program that she will be forced off the Single Parent Payment when her daughter turns eight in August, leaving her unable to afford the rent increases.</p> <p>Currently, single parents can claim the Parenting Payment of $949.30 a fortnight until their youngest child turns eight. By September 2023, the age limit for the pay rise to when the youngest child is 14, as part of Chalmers’ budget.</p> <p>Ms Blowers is one of many copping the brunt of it as her daughter’s 8th birthday is four weeks before the new rules begin.</p> <p>She will also see a rent increase during that period from $900 a fortnight to $960.</p> <p>“What am I going to do? What is my choice, other than I am doing my best to get a job so that I can keep a house over my daughter's head,” she stressed to the treasurer.</p> <p>“When I'm applying for the jobs, I am faced with being told that more than 100 other candidates have applied for the same jobs - I'm not sure how I am supposed to compete against 100 other people for one job.”</p> <p>Ms Blowers added she “would like to know what measures the government has in place to bridge the gap that I and other parents in similar situations will find ourselves in”.</p> <p>“I don't have anywhere to go because I am paying my entire pension in rent. Everywhere else in Sydney is comparable to that.”</p> <p>Although sympathetic to her situation, Chalmers said those suffering like Ms Blowers were “the reason why we are lifting the age from eight to 14”.</p> <p>“This is something we were really keen to do in the Budget because we recognise the pressure that you are under as a single mum,” he explained.</p> <p>However, Chalmers was adamant that the new system could not be introduced any earlier than September 20, 2023.</p> <p>“We've tried to do is bring that change in as soon as possible. We think September is the soonest that we can do it,” he said.</p> <p>“I understand that that means a few weeks for you going from the current payment onto JobSeeker and (then) back onto the single parenting payment.</p> <p>“I would love to avoid that if we could, but what we're trying to do is provide this extra assistance ... that you need and deserve. If we could avoid those couple of weeks, we would, but September is the best we can do.”</p> <p>In total, some 57,000 single parents, 90 per cent of whom are women, will benefit from the new scheme.</p> <p>Previously they would have been moved onto the lower JobSeeker rate when their youngest child turned eight.</p> <p>“By age 14, children have typically settled into high school and need less parental supervision, and single parents are in a much stronger position to take on paid work," Prime Minister Anthony Albanese said when the policy was announced.</p> <p>Historically, the single parent payment was eligible for singles with children aged up to 16.</p> <p>But former prime minister John Howard, later supported by Julia Gillard, cut the age to eight in an attempt to encourage parents back into the workforce.</p> <p>Two advisory bodies have called for the government to extend the payment and the eligibility criteria.</p> <p>It is understood mutual obligation requirements will remain in order to continue encouraging parents to go back to work.</p> <p>Speaking to Nova radio in Perth, Mr Albanese explained he knew “firsthand what it's like to grow up with a single mum doing it tough”.</p> <p>“We want to look after single parents because we know that the role that they play in raising their children is such a priority for them and they’re deserving of more support,” he said.</p> <p><em>Image credit: ABC Q&amp;A</em></p>

Money & Banking

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Erin Molan dishes on her worst ever date

<p>Erin Molan raised eyebrows when she made the unique decision <a href="https://www.oversixty.com.au/lifestyle/beauty-style/i-didn-t-want-to-do-this-the-truth-behind-erin-molan-s-surprise-solo-wedding" target="_blank" rel="noopener">to wed herself as part of a 2Day FM radio stunt</a>, but if new insight into her dating history is anything to go by, her bold move may not be quite so surprising after all. </p> <p>Speaking to <em>Confidential</em>, Erin - who is known for keeping tight-lipped when it comes to her romantic pursuits - spilled the details on some of the worst dates she’s ever had the displeasure of being on. </p> <p>When asked if she could recall the bottom of the barrel experiences, Erin was quick to answer “yeah, my God. How much time do you have?” </p> <p>“I once went on a date with a bloke while I was working at Channel 9 in Willoughby, years ago,” the former Channel 9 sports presenter went on to explain. </p> <p>“He came and picked me up, and we went to a restaurant in Paddington. It was awful and awkward, one of those times when you know straight away that you’ve got zero interest.”</p> <p>She went on to reveal that she’d tried her best to bring the evening to an early end, informing her date that she had to be up early for work the following day. She accepted a lift home from him, but things took a turn for the uncomfortable when they missed their turn over the Harbour Bridge. </p> <p>“I kid you not,” she said, “he asked me for money for the extra toll.” </p> <p>And while Erin handed over the cash, she certainly “never spoke to him again”. </p> <p>A second unsuccessful romantic pursuit began in Hawaii, when Erin crossed paths with a Brisbane truck driver she believed could be her “future husband”. However, that dream was short-lived, with their flame fizzling upon their return to Australia. </p> <p>As Erin recalled, “I remember getting to his place, sitting on the couch with his housemate, and he couldn’t even look at me.”</p> <p>Despite her poor encounters, Erin dipped her feet back into the dating pool in 2022, but as of 2023 is single again - and she isn’t mad about it. </p> <p>“I don’t think you could pay me enough to entice me to date right now,” she told <em>The Daily Telegraph</em>. </p> <p>“The thought of it - I’m not going to say it would make me physically ill - but my focus is being the best mum I can be and getting myself into a really good place. That takes a lot of work.”</p> <p><em>Images: Instagram</em></p>

Relationships

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"I didn't want to do this": The truth behind Erin Molan’s surprise solo wedding

<p>TV and radio presenter Erin Molan has made her way down the aisle in lavish style to marry herself. </p> <p>Escorted by her four-year-old daughter, Erin took the plunge as part of a radio event for her 2DAY FM show Hughesy, Ed and Erin. And although Erin was the most highly publicised bride present, she wasn’t the only one to vow forever to herself, with a whole host of other solo brides 'marrying’ right alongside her. </p> <p>And although Erin was all smiles on the day - and in every picture to come out of the event - she hadn’t always been so thrilled about the whole spectacle. Sharing a video of her ‘wedding day’ to social media, Erin used her caption to explain the heartache that had been weighing on her, and how her young daughter’s enthusiasm helped her put her best foot forward. </p> <p>“I’m going to be completely honest… I didn’t want to do this… at all,” she wrote. “We came up with this concept late last year because so many of our listeners were single mums/unmarried/unlucky in love/unhappy in their relationships and we just thought WHY wait until you’ve met the one… just marry yourself.”</p> <p>Erin went on to explain that she’d never believed in “self love and all of that” before, and she “didn’t know what was to come when I agreed… and then we lost dad… and one of the million things that broke my heart about that was the realisation that he’d never be able to walk me down the aisle…</p> <p>“I’ve never dreamt of a wedding and it’s never really been that important to me… but the thought of even doing it for a radio segment, without him, made me feel sick… and I nearly pulled out so many times. </p> <p>“I didn’t want to be emotional and ruin it for all the beautiful and excited listeners who were doing the same thing and are so far ahead of me in realising that the greatest love of all has to be the love you have for yourself.”</p> <p>She admitted to feeling “a bit embarrassed”, as she had never expected to be a 39-year-old single mum. </p> <p>“It was actually my 4 year old who got me over the line,” she noted. “I told her about it and she was more excited than I’ve ever seen her… and that helped me immensely. </p> <p>“I actually had a ball, [and I] am so grateful for my radio family and the beautiful listeners who inspire me every single morning. I love you all”.</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/reel/CqU4YEbJTXZ/?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/reel/CqU4YEbJTXZ/?utm_source=ig_embed&amp;utm_campaign=loading" target="_blank" rel="noopener">A post shared by Erin Molan (@erin_molan)</a></p> </div> </blockquote> <p>And as with celebration of love, Erin’s friends and fans wanted to join in, stopping by her comment’s section to share their support for her bold move. </p> <p>“Very moving. Your honesty is beautiful,” wrote fellow TV presenter Kate Langbroek. </p> <p>“Wow….this has me thinking….Axel would love this…,” shared Michelle Bridges. </p> <p>And one fan had only the most heartfelt intentions when they told her, “you didn’t need your dad to walk you down the aisle to be proud of you. You gave him thousands of reasons to be proud without that. And your love for one another is so strong that should you ever decide to marry you’ll know he is right there beside you.”</p> <p><em>Images: Instagram</em></p>

Beauty & Style

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Reese Witherspoon announces shock family update

<p>Reese Witherspoon and Jim Toth have announced their divorce after over a decade of marriage.</p> <p>In a joint statement posted to Witherspoon’s Instagram, they shared that it was “a difficult decision”.</p> <p>“It is with a great deal of care and consideration that we have made the difficult decision to divorce,” Witherspoon said in the statement.</p> <p>“We have enjoyed so many wonderful years together and are moving forward with deep love, kindness, and mutual respect for everything we have created together.</p> <p>“Our biggest priority is our son and our entire family as we navigate this next chapter. These matters are never easy and are extremely personal.</p> <p>“We truly appreciate everyone’s respect for our family’s privacy at this time.”</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/CqLzAB_vgc-/?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/CqLzAB_vgc-/?utm_source=ig_embed&amp;utm_campaign=loading" target="_blank" rel="noopener">A post shared by Reese Witherspoon (@reesewitherspoon)</a></p> </div> </blockquote> <p> Witherspoon’s marriage to Toth, a fellow actor, producer and talent agent spanned just shy of 12 years.</p> <p>The decision to call it quits came as the marriage had become platonic, <em>Page Six</em> reported.</p> <p>According to <em>Architectural Digest</em>, the pair sold their seven bedroom, 10 bathroom English Country-style estate for $21.5 million back in 2020.</p> <p>They co-parent two children together, Ava and Deacon, from Witherspoon’s first marriage to actor Ryan Phillipe, and share a son, Tennessee James Toth.</p> <p>In an interview with <em>Harper’s BAZAAR</em>, Witherspoon said that Toth was the reason behind her starting a production company, “He said, ‘You should produce movies. You read more books than anybody I know. You should just buy some of them and turn them into films.”</p> <p>Despite their divorce, Witherspoon had told the outlet they enjoyed being wed and was lucky to be with someone who supported and appreciated her.</p> <p><em>Image credit: Instagram</em></p>

Relationships

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Murderer and Eric Clapton drummer dies at 77

<p>Jim Gordon, an infamous session drummer from the ‘60s and ‘70s, has passed away at the age of 77. </p> <p>Gordon, who in his prime played with the likes of the Beach Boys and George Harrison, died in a psychiatric prison in California’s Vacaville. He had been sentenced to 16 years to life after killing his mother during a psychotic episode in 1983, and it is reported that he never attended parole hearings, or ever left prison. </p> <p>His publicist Bob Merlis confirmed the news in a statement, where he also explained that Gordon had died of natural causes. </p> <p>Gordon was born and raised in Los Angeles, and opted to pursue a career as a drummer while a teenager, even turning down a scholarship to UCLA. At just 17, he toured the United Kingdom with the Everly Brothers. </p> <p>His professional resume only grew from there, with Gordon going on to become on the primary drummers for George Harrison’s <em>All Things Must Pass</em>. Additionally, he contributed to songs by The Beach Boys on <em>Pet Sounds</em>, Cher, Nancy Sinatra, Judy Collins, and Bobby Darin. </p> <p>In 1970, he formed a group - Derek and the Dominos - with Eric Clapton. Together they wrote the hit ‘Layla’, with Gordon playing both piano and drums. Gordon’s girlfriend at the time, Rita singer Coolidge, claimed she had written the piano section. </p> <p>Gordon’s relationship with Coolidge ended when he physically assaulted her. </p> <p>As the years went by, Gordon developed issues with addiction, telling <em>Rolling Stone</em> in 1985 that he considered himself to be an alcoholic, and admitted to using heroin. By the late ‘70s, after he had confessed to hearing voices in his head, his mother had requested he seek help. </p> <p>“He used to talk to me about hearing voices,” Bobby Whitlock informed <em>Rolling Stone</em> in 2013, “but I told him that it was his consciousness speaking to him. He said it was someone else. Evidently he never stopped or even lightened up on his drug and alcohol intake. </p> <p>“The end result was the destruction of his family.”</p> <p>As Gordon’s mental health deteriorated, so did his career. He claimed to often hear his mum’s voice, and despite a number of medical interventions, he never maintained a consistent treatment schedule. </p> <p>And in June 1983, his mother paid the price, when Gordon fatally struck the 71-year-old Osa Marie Gordon with a hammer and knife. </p> <p>In the wake of her murder, Gordon was diagnosed with schizophrenia, and sentenced to his 16-years-to-life in prison. In 2018, he was deemed to still pose “an unreasonable risk of threat to public safety.” </p> <p>However, those who had known and worked with Gordon before the dark period of his life wanted to pay tribute to the late drummer, taking to social media to write of his professional success, citing some of his greatest hits and collaboration. </p> <p>Gordon’s publicist, Eric Alper, did so while confirming the news, adding that he “will be missed.”</p> <blockquote class="twitter-tweet"> <p dir="ltr" lang="en">Jim Gordon, one of rock’s all-time greatest drummers, has died at the age of 77.<br />Not only did he play in the Wrecking Crew, but also with Derek and the Dominos, Joe Cocker, Gordon Lightfoot, Merle Haggard, Joan Baez, Tom Petty, and hundreds of others, and will be missed. <a href="https://t.co/m3jP5LKaqB">pic.twitter.com/m3jP5LKaqB</a></p> <p>— Eric Alper 🎧 (@ThatEricAlper) <a href="https://twitter.com/ThatEricAlper/status/1636133384853282818?ref_src=twsrc%5Etfw">March 15, 2023</a></p></blockquote> <p>Eric Clapton’s ex-wife - Pattie Boyd - to whom he was married 10 years, paid her respects with a throwback picture of Gordon at a drum kit, writing that she was “sorry to hear of the passing of Jim Gordon.”</p> <blockquote class="twitter-tweet"> <p dir="ltr" lang="en">I'm sorry to hear of the passing of Jim Gordon. Some of you will know that Jim co-wrote 'Layla' with Eric when they were both in Derek &amp; The Dominoes.<br />Jim also worked with George on the 'All Things Must Pass' album.<br />RIP <a href="https://t.co/83YPA664yt">pic.twitter.com/83YPA664yt</a></p> <p>— Pattie Boyd (@thepattieboyd) <a href="https://twitter.com/thepattieboyd/status/1636388726850072576?ref_src=twsrc%5Etfw">March 16, 2023</a></p></blockquote> <p><em>Images: Twitter, Getty</em></p>

Music

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"We’re all f***ed if that happens": 60 Minutes' stunning f-bombshell

<p><em>60 Minutes</em> reporter Tom Steinfort spoke for Australians all across the nation when he swore at Treasurer Jim Chalmers in an interview on interest rates.</p> <p>The exchange transpired as homeowners brace for a 10th consecutive rate rise, with the move expected to produce the highest interest rates Australians have seen in the past decade. </p> <p>“Do you see similarities between now and what happened in the early ‘90s?” Steinfort asked the treasurer, referencing a difficult period of recession for Australia.</p> <p>“There’s absolutely no chance that interest rates will get to the level that they were at in the early 1990s. I wanna make that clear,” Chalmers responded. </p> <p>And while the treasurer had wasted no time in giving his answer, it wasn’t enough to stop Steinfort from scoffing, “yeah, well, we’re all f***ed if that happens.”</p> <p>In January 1990, interest rates peaked - or hit rock bottom - at a record high of 17.5 per cent. </p> <p>And now, the RBA is set to deliver more bad news - passing on another 0.25 per cent interest rate rise - with homeowners already feeling their wallet strings tightening when faced with the disparity between house prices and annual wages. </p> <p>Australia’s inflation rate of 7.8 per cent marks the highest level since the early 1990s and is over twice that of the RBA’s 2-3 per cent inflation target - one they adopted in 1993. - the RBA took on its inflation target in 1993.</p> <p>Experts fear that further interest rate hikes will see Australia face its first recession since 1991, a concern that Steinfort clearly shares. </p> <p>Elsewhere in the interview, Steinfort wanted to know if Chalmers believed Australians had seen the worst of the inflation crisis, asking, “do you think we’ve hit the inflation peak?” </p> <p>“That’s our expectation, yeah,” Chalmers said. “We think that’s most likely, uh, that inflation peaked at Christmas time and has started to moderate. But we won’t know until we get that next set of data.”</p> <p>“You think we might be through the worst of it?” Steinfort pressed. </p> <p>“Well, I think inflation is starting to come off,” Chalmers responded, before adding that despite his optimism, Australians shouldn’t expect for things to get easier overnight, “but even as it moderates we can’t be complacent about it, because it’s still going to be a challenge in ‘23, just like it was in ‘22.” </p> <p>“You paint a picture that we’ve turned a bit of a corner and that there are better times ahead, but the people we’re speaking to - I mean, even when I look at my home mortgage bill - we’re not feeling it,” a sceptical Steinfort pointed out. </p> <p>To which a smiling Chalmers answered, “yeah, I understand, and I think that certainly the prime minister understands, and that the government understands, that people are under real pressure now. </p> <p>“We’re doing what we can to deal with it within the constraints of a responsible budget.” </p> <blockquote class="twitter-tweet"> <p dir="ltr" lang="en">Federal treasurer Jim Chalmers believes we’ve already seen the worst of Australia’s inflation problem. However he says 2023 will still be a challenging time for many families.</p> <p>Watch <a href="https://twitter.com/hashtag/60Mins?src=hash&amp;ref_src=twsrc%5Etfw">#60Mins</a> on <a href="https://twitter.com/9Now?ref_src=twsrc%5Etfw">@9Now</a> <a href="https://t.co/4G5tZZO3fU">pic.twitter.com/4G5tZZO3fU</a></p> <p>— 60 Minutes Australia (@60Mins) <a href="https://twitter.com/60Mins/status/1632322412959215617?ref_src=twsrc%5Etfw">March 5, 2023</a></p></blockquote> <p><em>Images: 60 Minutes</em></p>

Money & Banking

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Anthony Albanese confirms changes to superannuation

<p>Australia’s super rich are set to pay more on their superannuation funds, Prime Minister Anthony Albanese has confirmed. </p> <p>The announcement came <a href="https://www.oversixty.com.au/lifestyle/retirement-life/major-overhaul-of-aussie-superannuation-system-touted" target="_blank" rel="noopener">one week after Treasurer Jim Chalmers declared</a> there would be a review of the superannuation scheme’s future, and that the proposed changes would only impact about 0.5% of Australians, with the added benefit of saving the budget $2b. </p> <p>The changes would see Australians with over $3m in their super accounts have their concessional tax rate doubled - from 15 per cent to 30 per cent - and won’t be effective until around 2025-26. On average, Australians have about $150,000 in their super accounts. However, for the 80,000 individuals with over $3m to their name, the average rises to a substantial $6m. </p> <p>The remainder, the other 99.5 per cent of Australians, are set to continue receiving the same tax breaks as they were before, according to Chalmers. </p> <p>Albanese has now stated that this marks an “important reform” and would not alter the fundamentals of the existing system, and if anything would only serve to make it stronger. </p> <p>“With 17 people having over $100 million in their superannuation accounts, one individual with over $400 million in his or her account, most Australians would agree that this is not what superannuation is for. It’s for people’s retirement incomes,” he explained. “Confronted with this information, it would be irresponsible to not take any action whatsoever. This reform will strengthen the system by making it more sustainable.”</p> <p>In a statement, Chalmers expanded on the situation, saying, “the majority of these super tax breaks go to high income earners.</p> <p>“For instance, over 55 per cent of the benefit of superannuation tax breaks on earnings flow to the top 20 per cent of income earners, with 39 per cent going to the top 10 per cent of income earners.”</p> <p>Chalmers also explained how the government inherited $1 trillion of debt, and that it was becoming increasingly more expensive with rising interest rates. </p> <p>“We have persistent and growing spending pressures,” he explained. “Budget pressures are intensifying, rather than easing. This is the mess that we were left with and this is the mess we’re trying to clean up.</p> <p>“This announcement is part of the effort. Every dollar spent on a tax break with tens of millions of dollars in super, is a borrowed dollar that makes the deficit bigger.”</p> <p>He added that higher earners would still receive tax concessions, although people shouldn’t expect them to be quite as generous anymore. </p> <p>“I’m confident that Australians will see this change as modest, reasonable, and fair. But one which makes a difference to the sustainability and affordability of the superannuation system that we cherish.”</p> <p>Anthony Albanese assured Australians that the changes did not mean that the concessional tax would be altered for the remaining 99.5 per cent of Australians. </p> <p>“People can see what we’re doing here,” he said. “Which is why we’re proposing a change that will have an impact on 0.5 per cent of the population. There will be no changes this term [to super]. Even this change.</p> <p>“We can’t be clearer.”</p> <p><em>Images: Getty</em></p>

Retirement Income

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Major overhaul of Aussie superannuation system touted

<p>There may be a major change coming to Australia's $3.3 trillion superannuation system, with Treasurer Jim Chalmers looking to crack down on early access.</p> <p>Chalmers will be speaking to call for an objective for superannuation that will emphasise the need for it to be preserved until retirement.</p> <p>This would make it harder for Australians to access their funds early.</p> <p>The federal opposition are taking a different stance and have pushed for early access to remain open as part of a first home buyers scheme.</p> <p>John Kehoe, Australian Financial Review economics editor, told Today $36 billion had been withdrawn from Australians’ collective super during the COVID-19 pandemic.</p> <p>"That's something that Labor wants to shut the door on," he said.</p> <p>Kehoe said there were two sides to the first home buyers scheme, saying that people accessing their super early could drive prices higher.</p> <p>"The retirement income system showed the best way to have financial security in retirement is owning your own home," he said.</p> <p>"It is people renting in retirement that do it really tough.”</p> <p>Independent Senator Jacqui Lambie expressed her view on the proposal, saying life wasn't "black and white.”</p> <p>"There are things that happen in our lives where that money may come in handy, whether it is part of that money, or 20 per cent of that money, just to keep us afloat," she said.</p> <p>"And especially in the next two years, if we are going into recession, if there are guys out there who can dig in to make sure we can keep the roof over their head, to continue to pay their house rates, we have to be a bit more flexible than that when we are going through tough times."</p> <p>Image credit: Getty</p>

Retirement Life

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Erin Molan breaks silence over father’s passing

<p>Erin Molan has shared an emotional tribute in honour of her late father, saying she will be "forever broken" following his death. </p> <p>Erin's dad, Senator Jim Molan, died earlier this month after a long battle with prostate cancer. </p> <p>He was laid to rest during a moving service at the Royal Military College at Duntroon, Canberra, during which Erin described her dad as her “hero” who she idolised her whole life.</p> <p>After the funeral service, Erin shared a tribute to her dad as she thanked her followers for their support during the difficult time. </p> <p>“We all knew how we felt about dad but to have so many people share such beautiful words and memories has blown me away … and I know dad would have been supremely chuffed,” she said.</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-permalink="https://www.instagram.com/p/Cn_NBlvpqnk/?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/Cn_NBlvpqnk/?utm_source=ig_embed&amp;utm_campaign=loading" target="_blank" rel="noopener">A post shared by Erin Molan (@erin_molan)</a></p> </div> </blockquote> <p>“I promise I will get back to every single person who has reached out… it just might take me a while.”</p> <p>"We are forever broken without Dad but he taught my siblings and I that we can endure anything life throws our way… even this."</p> <p>"Not sure how right now but I know we will… because as he’d tell you himself… he was seldom ever wrong."</p> <p>Erin Molan and her sister Anne and Sarah addressed Senator Molan’s funeral in Canberra last week in a ceremony attended by Governor-General David Hurley, former prime ministers Tony Abbott and Scott Morrison and opposition leader Peter Dutton.</p> <p>Senator Molan is survived by his wife Anne, four children and five grandchildren.</p> <p><em>Image credits: Instagram / Getty Images</em></p>

Family & Pets

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Jim Chalmers confronted by struggling pensioner over the cost of living crisis

<p>A struggling pensioner with just $20 in her bank account has quizzed treasurer Jim Chalmers on what essentials she should be forced to give up in order to keep up with the surge in cost of living prices. </p> <p>The Treasurer appeared on ABC's <em>Q+A</em> on Thursday night for a post-budget breakdown, when Fiona got her chance to ask him a question. </p> <p>“With non-discretionary items rising faster than CPI indexation, welfare recipients like myself are meant to be grateful for (the rise to indexation). What essentials should I be cutting from my budget?” she said. </p> <p>Age, Carer and Disability Support Pensioners will receive a rise of $38.90 a fortnight for singles and $58.80 for couples as part of routine indexation, but Fiona said it was still not enough.</p> <p>“It’s all falling behind, I’m playing catch up,” she said.</p> <p>Her desperate plea left Chalmers struggling to offer her any hope, as he warned inflation would continue to rise, forcing the government to make difficult decisions. </p> <blockquote class="twitter-tweet"> <p dir="ltr" lang="en">Jim Chalmers spruiked the simplicity of his first budget, but as the price of items rises faster than the rate of welfare - is it really ‘bread and butter’ for struggling households? <a href="https://twitter.com/hashtag/QandA?src=hash&amp;ref_src=twsrc%5Etfw">#QandA</a> <a href="https://t.co/p0eECVajlR">pic.twitter.com/p0eECVajlR</a></p> <p>— QandA (@QandA) <a href="https://twitter.com/QandA/status/1588105528353296384?ref_src=twsrc%5Etfw">November 3, 2022</a></p></blockquote> <p>“The best thing we can do is try and address inflation. That’s what the budget was about,” he said. </p> <div id="indie-campaign-DifJheZrCrms7j4pmefw-0" data-campaign-name="NCA FINANCE Cashed Up Newsletter OneClick SignUp" data-campaign-indie="newsletter-signup" data-jira="TSN-268" data-from="1645448400000" data-to="1680181200000"></div> <p>“But I don’t want to pretend to Fiona or to anyone in Fiona’s position that the budget nine nights ago fixed all of these challenges. "</p> <p>“I do need to be upfront with all of you about the nature of this challenge that we are confronting right now."</p> <p>And our best contribution to this problem is being restrained in our spending.”</p> <p>Dr Chalmers was called up by host Stan Grant, who said Fiona’s question had been more about hard decisions she was having to make. </p> <p>For example, she said she had to make the choice to go for an eye scan rather than go to a doctors appointment because her GP no longer bulk bills. </p> <p>Dr Chalmers was unable to give Fiona a straight answer, rather saying he understood how difficult it was for people in a similar position.</p> <p>“The cost of living is going through the roof, and that has a disproportionate impact on the most vulnerable amongst us, and we understand that,” Dr Chalmers said. </p> <p>“My responsibility to you, Fiona, and to the whole country, is to try and take the right economic decisions, to make sure we are not making inflation worse.”</p> <p>“The main thing I can do here – the worst thing that could happen for Fiona and for people around Australia – is if we let this inflation get out of control … That’s what I’m trying to avoid.”</p> <p><em>Image credits: Q+A / Getty Images </em></p>

Retirement Income

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What can we expect from the incoming budget?

<p dir="ltr">Treasurer Jim Chalmers is due to hand down his first budget on Tuesday night, but “pre-budget” announcements have shed some light on what we can expect.</p> <p dir="ltr">The budget hand down will see Mr Chalmers explain how the global economy has deteriorated over this past year.</p> <p dir="ltr">He has said it will probably be necessary to spend more money than the government will raise in taxes over the next couple years, making it a budget “deficit”.</p> <p dir="ltr">While Mr Chalmers has spent the last few months lowering expectations in the lead-up to the reveal of the numbers in this budget, here is what we know about some of the major areas that will be affected.</p> <p dir="ltr"><strong>Parental Leave</strong></p> <p dir="ltr">Australia’s current 20 weeks of paid parental leave will be extended to 26 weeks - but it won’t happen overnight.</p> <p dir="ltr">The Labor government plans to stagger the increase, adding two weeks to the program every year.</p> <p dir="ltr">The current scheme sees the primary caregiver receive 18 weeks of leave paid at the minimum wage, with two additional weeks for the partner.</p> <p dir="ltr">In July 2024, 2025, and 2026, another two weeks will be added to the program, bringing it up to a maximum of 26 weeks (or six months) of paid parental leave.</p> <p dir="ltr">The leave will also be more flexible, with parents able to split the leave more equitably or claimed in its entirety by single parents.</p> <p dir="ltr"><strong>Childcare</strong></p> <p dir="ltr">With Labor promising to make childcare cheaper during the last election, the new government will be increasing the childcare subsidy in this budget.</p> <p dir="ltr">Legislation has already been introduced to parliament to increase the subsidy for early childhood education for 90 percent of families earning $80,000 or less a year.</p> <p dir="ltr">For every $5,000 families earn over $80,000 up to $530,000 a year, the subsidy will decrease by one percentage point.</p> <p dir="ltr">The new subsidy is due to commence from July 2023 and is expected to cost $5.1 billion over the next four years.</p> <p dir="ltr">A 12-month inquiry into rising childcare costs by the Australian Competition and Consumer Commission (ACCC) has also been announced, with the inquiry said to cost $10.8 million.</p> <p dir="ltr"><strong>Aged Care and Health</strong></p> <p dir="ltr">In the wake of the royal commission into aged care, the government has introduced legislation to parliament to reform the sector, with an expected cost of $2.5 billion.</p> <p dir="ltr">Recommendations made by the commission are also set to be adopted, including raising the standard of care, ensuring aged care homes have a registered nurse on-site 24/7, and increasing the transparency of the sector and its funding.</p> <p dir="ltr">The government has also promised to increase wages for aged care workers, but have yet to disclose a figure.</p> <p dir="ltr">New commitments to subsidise medicine and spend more on Medicare will also feature in this budget, with Health Minister Mark Butler saying that $9.9 billion would be invested in these measures.</p> <p dir="ltr"><strong>Tax Cuts</strong></p> <p dir="ltr">While there have been no changes to the controversial stage three tax cuts in this budget, it has been announced that the Albanese government won’t be extending the low-and-medium income tax offset (LMITO) after it expired on June 30.</p> <p dir="ltr">As a result, tax returns for the 2021-22 financial year will be the last where Australians earning under $126,000 will receive a tax offset of up to $1500.</p> <p dir="ltr"><strong>Electric cars are in, fuel excise is out</strong></p> <p dir="ltr">The six-month fuel excise introduced by the Morrison government, which saw petrol prices drop by over 20 cents a litre, won’t be extended after it ended in September.</p> <p dir="ltr">But, legislation has been introduced to make electric cars cheaper, such as removing fringe benefits tax and import tariffs from eligible electric vehicles.</p> <p dir="ltr">It is hoped the changes will make electric vehicles more affordable, encourage their take-up and help the Albanese government meet its emissions targets.</p> <p dir="ltr"><strong>NBN</strong></p> <p dir="ltr">Another of Labor’s election promises, the government will be injecting the National Broadband Network (NBN) with a $2.4 billion equity investment over the next four years.</p> <p dir="ltr">The government has said the investment will give 1.5 million homes and businesses the option to upgrade to faster fibre broadband access by 2025.</p> <p dir="ltr"><strong>Wellbeing and climate change</strong></p> <p dir="ltr">In a first for Australia, the budget will dedicate a chapter to wellbeing, including outlining how the government plans to measure wellbeing going forward.</p> <p dir="ltr">For the first time since the Abbott government, the Treasury has also been asked to model the impact of climate change on the economy in this year’s budget.</p> <p dir="ltr">Legislation has been introduced for a disaster ready fund intended to help fund projects that mitigate and prepare for climate change. </p> <p dir="ltr">This will provide up to $200 million a year for projects such as flood levees, cyclone shelters, fire breaks and evacuation centres.</p> <p dir="ltr"><strong>General expectations</strong></p> <p dir="ltr">Mr Chalmers has shared some predictions for what will happen over the next few years in relation to food costs, inflation and unemployment.</p> <p dir="ltr">The Treasurer said it’s expected that the price of food will increase significantly later this year due to the floods across NSW, Victoria and Tasmania.</p> <p dir="ltr">He said Treasury officials think annual inflation will peak at around 7.75 percent at the end of this year before declining in mid-2023, while unemployment will likely rise from its current 3.5 percent to 4.5 percent in 2023-24.</p> <p><span id="docs-internal-guid-d06182dc-7fff-6e5f-ff8c-c3abc2b1281d"></span></p> <p dir="ltr"><em>Image: Jim Chalmers MP (Facebook)</em></p>

Money & Banking

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Small group of Aussies set to be $9000 better off

<p>Prime Minister Anthony Albanese is set to hand down his Labor government's first federal budget on October 25th, in the face of soaring inflation and an ongoing cost of living crisis. </p> <p>Despite the cost of groceries continuing to rise in the wake of the devastating floods, treasurer Jim Chalmers is warning Australians to brace for spending cuts and limited cost-of-living relief. </p> <p>While most Aussies are battling day to day with the reality of inflation and a dark outlook for the global economy, Labor has refused to cancel the former government’s stage three tax cuts – meaning some 600,000 high-income earners will be better off by up to $9075 per year when the changes come into effect in 2024-25.</p> <p>“There will be a substantial impact on the cost of living [from the floods], there will be a substantial impact on the budget and there’s no pretending otherwise,” Dr Chalmers told the Nine’s <em>Today</em> on Tuesday.</p> <p>“We don’t yet know what the full impact will be on the cost of living, we don’t yet know how many billions of dollars this flood and its recovery will cost. What we don’t want to do, and we’ve seen this overseas, is provide cost-of-living relief in a way that just creates more inflation and pushes interest rates up higher than they would otherwise be.”</p> <p>Chalmers then referenced the UK, where Prime Minister Liz Truss and Chancellor of the Exchequer Kwasi Kwarteng’s tax-cutting mini-budget last month caused chaos in money markets and brought the country’s pensions schemes to the brink of implosion, while the cost of the Great British Pound tanked around the world. </p> <p>“The UK government itself is recognising that perhaps they got this balance wrong and they’re trying to recalibrate their settings,” he said.</p> <p>“That is an important lesson for all of us. What we’ve tried to do is make sure that the cost-of-living relief that we give doesn’t make the job of the Reserve Bank harder.”</p> <p>Labor has warned of a tough budget as global recession fears continue to loom, with Chalmers saying, “It won’t be fancy. It won’t be flashy. It will be responsible. It will be solid.”</p> <p><em>Image credits: Getty Images</em></p>

Money & Banking

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Erin Molan collapses on-air during spider encounter

<p dir="ltr">A creepy crawly encounter on 2Day FM’s Breakfast Show ended in dramatic scenes when presenter Erin Molan fainted, prompting co-host Hughesy to call for an emergency ad break.</p> <p dir="ltr">Molan had been facing her fear of spiders along with Linda, an arachnophobic listener, with footage of the segment showing the media personality shrieking in terror and falling to the floor.</p> <p><span id="docs-internal-guid-b352f65e-7fff-f3fe-f3b6-bd0c0635cb89"></span></p> <p dir="ltr">“We’re about to have spiders put on us,” Molan told the camera before a small tarantula was released beside her and its handler advising her and Linda to “breathe” and “stay calm”.</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/reel/Cjlq-fNhWfT/?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/reel/Cjlq-fNhWfT/?utm_source=ig_embed&amp;utm_campaign=loading" target="_blank" rel="noopener">A post shared by Hughesy, Ed &amp; Erin (@hughesyedanderin)</a><span style="background-color: transparent; font-family: Arial; font-size: 11pt; white-space: pre-wrap;">Erin Molan collapses on-air during spider encounter</span></p> </div> </blockquote> <p dir="ltr">While Linda held the spider briefly with guidance from the handler, things took a turn when Molan was faced with the spider.</p> <p dir="ltr">“We can stop if you want to stop,” the handler said, with Hughesy echoing the sentiment in the background.</p> <p dir="ltr">“The most important thing is that you feel safe and that you feel comfortable.”</p> <p dir="ltr">Determined to carry on, Molan agreed to have the spider put on her before she slowly fell to the floor.</p> <p dir="ltr">“We need to go to a break, go to a break, absolutely. We need to go to a break,” Hughesy frantically said, with a producer yelling for everyone to “get out of the studio” shortly after.</p> <p dir="ltr">In the clip, Moran can be seen apologising profusely and speaking with first aid before embracing Linda for helping her face her fear.</p> <p dir="ltr">As Moran managed to laugh off the moment, the segment seemed to end on a positive note with Hughesy saying, “All’s well that ends well”.</p> <p dir="ltr"><span id="docs-internal-guid-be491d29-7fff-13d5-9c3d-e431a2e524d3"></span></p> <p dir="ltr"><em>Images: @2dayfm (Instagram)</em></p>

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Erin Molan awarded hefty payout from defamation case win

<p>Erin Molan has won her defamation case against Daily Mail Australia, after a Federal Court found the online newspaper defamed her by alleging she was racist in an article.</p> <p>The sports journalist sued the Daily Mail for defamation last year, saying an article and two tweets by the news site falsely portrayed her as racist because of her mispronunciation of Polynesian names.</p> <p>In the verdict, Justice Robert Bromwich found both sides had both a “measure of success and a measure of failure”, as he found both Erin and the publication made mistakes. </p> <p>Daily Mail Australia must pay the <em>Sky News</em> host $150,000 plus interest in damages, including aggravated damages for the online article.</p> <p>Justice Bromwich said the sum was “substantial” for “closely interrelated and unwarranted online slurs, sufficient for any ordinary person to be well and truly satisfied that they were untrue and should never have been published”.</p> <p>“I consider this sufficiently meets the sting of the article as reflected in the imputations,” he said.</p> <p>“Dailymail.com needs to substantially improve the care that it takes, or face further and greater awards of damages. Freedom of expression must be balanced with responsibility and basic professionalism which was sadly lacking in this case.”</p> <p>The Mail’s story was based on Molan saying “hooka looka mooka hooka fooka” when referring to a Polynesian sportsperson on the show in May 2020.</p> <p>During the trial, the publisher argued the imputations carried were true – and Molan had demonstrated a “pattern” of racist comments in her time at 2GB’s Continuous Call Team program.</p> <p>Justice Bromwich is allowing Molan to be heard on an injunction to take down the Daily Mail article, which was the basis of the defamation case, if it had not already been removed.</p> <p>He said the Daily Mail should “sensibly and promptly” take down the article if it had not already done so.</p> <p><em>Image credits: Getty Images</em></p>

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"He's basically a pig": Erin Molan and Piers Morgan slam Kyrgios

<p>Erin Molan and Piers Morgan have called out the court-side antics of Nick Kyrgios, after he was slammed for his behaviour at Wimbledon. </p> <p>After Kyrgios' first round win, he spoke of his frustration with a line judge and admitted to spitting in the direction of a disgruntled spectator, as well as eating sushi throughout an explosive post-match press conference. </p> <p>Appalled by his actions, Piers Morgan condemned his behaviour in an interview with Erin Molan on Sky News’ <em>Piers Morgan Uncensored</em>.</p> <p>Morgan vented, “He’s basically a pig he’s eating his food as he talks to the media, he abuses a female lineswoman, he abuses an elderly linesman, he abuses the crowd, he spits at one of them."</p> <p>“The man is out of control. Can you put up any defence for this antipodean monster?”</p> <p>Molan agreed with his comments, saying, “Piers, there's plenty of Australians who think he's in an absolute tool as well.</p> <p>“I’ve been one of his most vocal critics for a very long time.”</p> <p>“But I'll tell you what, the spitting even towards someone in their direction is appalling,” she continued.</p> <p>“The abuse of anyone in their workplace is appalling, the hypocrisy that he displays is completely appalling."</p> <p>“He replied to someone on social media overnight that had taken him to task over this and said, ‘Oh, but I would never go into your workplace and abuse you.’"</p> <p>“Does he think the linesmen are volunteers? That's their workplace he's abusing them.”</p> <p>Following the incident at Wimbledon, Nick Kyrgios defended his actions as he believed he did nothing wrong. </p> <p>He went on to say it was unfair that the audience was allowed to shout things at the tennis star and he couldn't respond. </p> <p>“That’s fine. But if I give it back to you, then that’s just how it is," he said. </p> <p>“There’s a fence there and I physically can’t do anything or say anything because I’ll get in trouble. They’re able to say anything they want.”</p> <p><em>Image credits: TalkTV</em></p>

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New Treasurer claims ScoMo left economy in "a mess"

<p>New Labor Treasurer Jim Chalmers has claimed Scott Morrison left Australia's economy in "a mess", and warned Aussies of a "serious economic challenges" ahead. </p> <p>At a press conference on Wednesday, Chalmers told the media that inflation and interest rates were higher since the end of March, petrol prices were up 12 per cent since the end of April, and wholesale electricity and gas prices were also significantly higher under the Morrison government. </p> <p>“We do have labour shortages and we do still have Covid absenteeism, and the international environment has become more challenging as well,” he told reporters.</p> <p>“There is no point tiptoeing around these serious economic challenges. There is no point mincing words about the sorts of conditions that we have inherited."</p> <p>“We have inherited high and rising inflation and rising interest rates, we’ve inherited falling real wages and we’ve inherited $1 trillion in debt.”</p> <p>He went on to say that the economy forecast was weaker in March than the Morrison government claimed at election time, while saying, “Consumption, dwelling investment, new business investment, exports and nominal GDP were all weaker in the March quarter than was anticipated by our predecessors.”</p> <p>“These national accounts are a glimpse of the mess that the former government left behind for us to clean up."</p> <p>“Obviously, we want the economy to recover strongly. Obviously, we want household consumption and other key elements of the national accounts to be as strong as possible.</p> <p>“But even when, on the surface, they might look stronger than they have been during the worst of Covid, they are still short of what the government was hoping for.”</p> <p>In relation to growing energy costs, Chalmers said there was a "perfect storm" of challenges facing the energy market. </p> <p>“These are the costs and consequences of almost a decade now of a government with 22 different energy policies failing to land the necessary certainty to improve the resilience of our energy markets,” he said.</p> <p>“This is the chickens coming home to roost when it comes to almost a decade now on climate change and energy policy failure from our predecessors."</p> <p>The Albanese government has been passionate about their climate change policy, with a strong goal of reaching net zero by 2050. </p> <p>Despite the government's passion for energy reform, financial experts have warned that growing oil and gas prices could plunge Australia into a recession before Christmas if radical change isn't made sooner rather than later. </p> <p>Chalmers also said that workers on a minimum wage should not be further disadvantaged through the ongoing cost of living crisis. </p> <p>“Minimum wage workers were in many cases the heroes of the pandemic. They shouldn’t be going backwards in this cost of living crisis,” he said.</p> <p>Although Labor are dedicated to reducing the cost of living, The Australian Bureau of Statistics (ABS) said global events – including the rolling conflict in Ukraine – would continue to impact the Australian economy in the months ahead.</p> <p><em>Image credits: Getty Images </em></p>

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"You're massive": Biggest Loser coach in tears over callous comments

<p dir="ltr">Former <em>Biggest Loser</em> trainer Tiffany Hall has opened up about the disgusting comments she’s received about her weight while pregnant. </p> <p dir="ltr">The 37-year-old shared the awful incidents on husband Ed Kavalee’s radio show, Hughesy, Ed &amp; Erin on 2 Day FM’s, on Wednesday. </p> <p dir="ltr">Some of the comments include men calling her “massive” or suggesting she “​​must be expecting a girl as she’s stolen your looks”.</p> <p dir="ltr">“People just think that when you’re pregnant, they get to say whatever they want to you,” the mother-of-one began. </p> <p dir="ltr">“It’s hurting my feelings and it’s getting a bit too much especially because I still have seven weeks to go. And everyone’s just like, ‘Oh my God, you must be about to pop, you’re massive, you’re enormous, you must have three in there’.”</p> <p dir="ltr">Kavalee was just as shocked at the comments thrown at his wife, who is upset that he didn’t do anything about it. </p> <p dir="ltr">“We have had two men in public say, while I’m standing there, to my wife, ‘You’re massive. You’re massive’,” he said. </p> <p dir="ltr">“A man in a cafe said to my wife, ‘You must be having a girl as she’s stolen your looks. My wife had three girls and all she had is a tiny basketball. But you’re massive’.”</p> <p dir="ltr">Co-host and mother Erin Molan responded: “Are you kidding me?”</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/CXF8AbJPcqG/?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/CXF8AbJPcqG/?utm_source=ig_embed&amp;utm_campaign=loading" target="_blank" rel="noopener">A post shared by Tiffiny Hall (@tiffhall_xo)</a></p> </div> </blockquote> <p dir="ltr">Tiffany however said what hurt as well was the fact that her husband did not do anything about the comments which saw her cry. </p> <p dir="ltr">“Ed didn’t do any Will Smith action at all,” she said.</p> <p dir="ltr">“You didn’t do anything, Ed. I was dying, I actually cried after that. I got in the car and I had a cry.”</p> <p dir="ltr">Tiffany and Ed have share one child together, Arnold, and are expecting another baby later in the year. </p> <p dir="ltr">Sharing a smiling photo of herself holding her baby bump, Tiffany captioned the image: “A dream come true. Baby Kavalee coming in 2022.”</p> <p dir="ltr"><em>Image: Instagram</em></p>

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"I can't feel this yet": Pink's emotional tribute to late father

<p><span style="font-weight: 400;">Pink has shared a heartbreaking tribute to her late father, Jim Moore, on what would have been his 76th birthday.</span></p> <p><span style="font-weight: 400;">The singer </span><a rel="noopener" href="https://7news.com.au/entertainment/music/pink-breaks-her-silence-following-her-fathers-death-with-emotional-message-c-4260010" target="_blank"><span style="font-weight: 400;">shared</span></a><span style="font-weight: 400;"> a photo of her father’s grave on social media, along with a message for him.</span></p> <p><span style="font-weight: 400;">In the photo, the singer placed a stack of doughnuts in front of a temporary plaque and a small American flag, with a single candle on top of the stack.</span></p> <p><span style="font-weight: 400;">Pink’s poetic message touched on the changing nature of the relationship she had with her dad, as well as the grief she feels.</span></p> <p><span style="font-weight: 400;">“Dad. I only knew you for 42 years this time,” she began the caption.</span></p> <p><span style="font-weight: 400;">“That’s a long time / That’s not that long / When I reach into my memories of us to try to understand our relationship I remember our fights first. Screaming. Crying. Misunderstanding.”</span></p> <p><span style="font-weight: 400;">“And then like a parallel universe simultaneously I remember the way you would pat my hand and say ‘aww’ to remind me to be gentler, to remind me that I was nicer than that thing I said.”</span></p> <p><span style="font-weight: 400;">She continued to describe the conflicting nature of their relationship, writing, “How you would tell me that the world was out to get me, but that the world was full of animals that needed our help.</span></p> <p><span style="font-weight: 400;">“Nature that needed to be revered. Silence that needed to be listened to. You taught me that no fight was too small, except the ones that chipped away at your soul.”</span></p> <p><span style="font-weight: 400;">The singer shared how she was continuing to process her father’s death.</span></p> <p><span style="font-weight: 400;">“I don’t even know that I can handle the cold hard truth that I miss you yet,” she wrote.</span></p> <p><span style="font-weight: 400;">“I wanna act like this is one of those times that I’m busy and not calling. I can’t feel this yet.”</span></p> <blockquote 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);" class="instagram-media" data-instgrm-captioned="" data-instgrm-permalink="https://www.instagram.com/p/CVEZchbpgqb/?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> <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;" rel="noopener" href="https://www.instagram.com/p/CVEZchbpgqb/?utm_source=ig_embed&amp;utm_campaign=loading" target="_blank">A post shared by P!NK (@pink)</a></p> </div> </blockquote> <p><span style="font-weight: 400;">Pink posted the tribute on Friday, October 15, and noted that she was “ashamed to say” that she wasn’t sure that she “remembered to send a card”.</span></p> <p><span style="font-weight: 400;">“You and  i’s hearts have always been a bit broken,” she continued.</span></p> <p><span style="font-weight: 400;">“And you’re the only one that understood that without having to talk about it.</span></p> <p><span style="font-weight: 400;">“I don’t know where you are. And therefore I don’t know where I am either. Anyways Happy birthday Daddy Sir.”</span></p> <p><span style="font-weight: 400;">She concluded the tribute with a poignant message, writing, “Gone but not forgotten. I won’t miss you yet. I’m not ready.”</span></p> <p><span style="font-weight: 400;">The photo and tribute come two months after her father passed away following a battle with prostate cancer.</span></p> <p><span style="font-weight: 400;">Pink shared the devastating news in August, around the time of his reported death, and paid tribute with two black-and-white photos and the caption, “Til forever”.</span></p> <blockquote 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);" class="instagram-media" data-instgrm-captioned="" data-instgrm-permalink="https://www.instagram.com/p/CTELWkAM6BR/?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> <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;" rel="noopener" href="https://www.instagram.com/p/CTELWkAM6BR/?utm_source=ig_embed&amp;utm_campaign=loading" target="_blank">A post shared by P!NK (@pink)</a></p> </div> </blockquote> <p><span style="font-weight: 400;">The day before, Pink shared another photo of the pair from their performance of “I Have Seen the Rain” in New York City in 2006.</span></p> <p><span style="font-weight: 400;">Pink first shared that her father was undergoing treatment for prostate cancer in July last year, with a photo showing Jim smiling in a hospital bed before surgery.</span></p> <p><span style="font-weight: 400;">“This is my dear Dad this morning heading for surgery,” she wrote.</span></p> <p><img style="width: 500px; height:281.25px;" src="https://oversixtydev.blob.core.windows.net/media/7844894/p-nk1.jpg" alt="" data-udi="umb://media/49da48058a004bb5a3fbc7f990afcb56" /></p> <p><em><span style="font-weight: 400;">Image: @pink / Instagram</span></em></p> <p><span style="font-weight: 400;">“He just finished his second round of chemo for prostate cancer, fell off a ladder and fractured his back, lost function in his legs until my battered and bruised husband shared his brilliant doctor.”</span></p> <p><span style="font-weight: 400;">“But here he is, my Dad, scared and in pain sitting with the love of his life, our Grace, and what’s he doing??? Smiling. Cracking jokes. Making everyone else feel better.”</span></p> <p><em><span style="font-weight: 400;">Image: @pink / Instagram</span></em></p>

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