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Farewell, Your Majesty: Major change coming to Aussie fiver

<p>The Reserve Bank of Australia (RBA) has announced a new theme for the Aussie fiver, designed to honour the “enduring emotional, spiritual and physical connection of First Nations peoples to Country”. </p> <p>“This inspiring theme will guide the creation of an artwork that will feature on the redesigned banknote,” said Michelle McPhee, RBA’s Assistant Governor of Business Services. The selection of this theme followed an extensive national campaign, receiving over 2,100 theme nominations from the public.</p> <p>For the first time since 1992, the $5 note will not feature the late Queen Elizabeth II, who had appeared on the denomination for more than 30 years. Breaking with tradition, the RBA confirmed that the redesigned note would not bear a portrait of any monarch, meaning King Charles will also be absent from the new design. However, the reverse side of the note will continue to depict the Australian Parliament building.</p> <p>Since the 1960s, the $5 banknote has undergone four major redesigns, with the most recent update in 2016. When Queen Elizabeth II’s portrait was first introduced in 1992, it replaced humanitarian Caroline Chisholm, a decision that was met with criticism at the time. The RBA defended its choice, citing Australia’s status as a constitutional monarchy and the tradition of including the reigning monarch on at least one banknote.</p> <p>The new banknote is expected to take several years to be designed, printed and circulated. The process of selecting an artist for the design is currently underway, with more details to be revealed in the coming months. The development of the note will also involve incorporating advanced security features to prevent counterfeiting.</p> <p>While the new design is in progress, the existing $5 note will continue to be issued. Meanwhile, Australian coins, which are produced by the Royal Australian Mint, will maintain the tradition of featuring the monarch.</p> <p><em>Images: RBA</em></p>

Money & Banking

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Millions in danger as Cyclone Alfred changes course

<p>Tropical Cyclone Alfred is expected to make landfall in Australia's east coast, with millions of people being told to prepare, as the cyclone could bring more than half a metre of rain in some places. </p> <p>“This is a really significant event,” said the Bureau of Meteorology’s (BOM) Angus Hines late on Tuesday.</p> <p>“The main hazards we are expecting are heavy rain and flooding for large areas of Queensland and New South Wales, damaging to destructive winds as well as storm surge and coastal inundation”.</p> <p>A severe weather warning has also been put in place for almost 1000km of the coast, with water levels expected to exceed the highest tide of the year by around half a metre, according to the BOM. </p> <p>Due to it hitting a high pressure area, the cyclone has switched from heading north to south, and is now heading west. </p> <p>As of 4am on Wednesday morning, the cyclone was at category 2 strength, 465km east of Brisbane and 430km from the Gold Coast.</p> <p>A warning zone has been put in place from Double Island Point in Queensland to north of Grafton in New South Wales, as well as Brisbane, the Gold Coast, the Sunshine Coast, Byron Bay and Ballina.</p> <p>BOM meteorologist Jonathon How said it would make landfall anytime from late Thursday into Friday. </p> <p>“The location of landfall will be critical because we are expecting to see the worst of the impacts, or most significant impacts, on the southern flank of the cyclone.</p> <p>“That does include places like Brisbane, the Gold Coast, and also the Northern Rivers.”</p> <p>Brisbane City Council has a flood modelling system in place, and according to the Courier Mail, as many as 20,000 properties could be at risk from inundation.  In the Gold Coast, 6000 properties could be at risk. </p> <p>The maps of potential flood  zones in the Brisbane City LGA show suburbs including Brighton, Windsor, Ashgrove, Indooroopilly, Sandgate are Rocklea at risk, while in the Gold Coast, Biggara Waters among others could be impacted by floods. </p> <p>Queensland Premier David Crisafulli has urged residents to take the warnings seriously. </p> <p>“In the last few days we’ve spoken to people about having days to prepare, we’re moving into that phase where it’s now about hours,” he told <em>ABC News Breakfast</em> on Wednesday morning.</p> <p>“Do all the little things now, it’ll make a world of difference.”</p> <p>He added that if they are told to evacuate,  “you should leave and I can’t be more blunt than that”. </p> <p>“The idea about replacing property, well, that’s another story for another day. Your priority is you. So if somebody tells you to leave, you should heed that advice.”</p> <p>Residents in northern NSW have also been urged to prepare. </p> <p>“What we need is the community to start being alert and preparing themselves,” NSW SES Deputy Commissioner Deb Platz told Today on Wednesday morning.</p> <p><em>Image: BOM</em></p>

Travel Trouble

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Man who saved the lives of over 2 million babies dies aged 88

<p>James Harrison OAM, the famous Australian blood donor who saved the lives of 2.4 million babies by donating his rare plasma, has died aged 88. </p> <p>Australian Red Cross Lifeblood has confirmed that Harrison died "peacefully" on February 17 at Peninsula Village Nursing Home on the NSW Central Coast. </p> <p>Harrison, also known as the Man with the Golden Arm, began donating in the 1950s became the world's most prolific blood and plasma donor thanks to his rare antibody, Anti-D, which helps mothers who are at risk of passing on deadly antibodies to their babies. </p> <p>Since he started donating at the age of 18, Harrison has donated 1173 times, continuing his kind act up until his retirement in 2018 aged 81. </p> <p>His family have since paid tribute to him, with his daughter Tracey Mellowship, remembering him as a generous soul. </p> <p>"James was a humanitarian at heart, but also very funny," she said. </p> <p>"In his last years, he was immensely proud to become a great grandfather to two beautiful grandchildren, Trey and Addison.</p> <p>"As an Anti-D recipient myself, he has left behind a family that may not have existed without his precious donations."</p> <p>Lifeblood Chief Executive Officer Stephen Cornelissen added that Harrison's impact has made a difference all around the world. </p> <p>"James was a remarkable, stoically kind, and generous person who was committed to a lifetime of giving and he captured the hearts of many people around the world," Cornelissen said.</p> <p>"It was James' belief that his donations were no more important than any other donors', and that everyone can be special in the same way that he was.</p> <p>"James extended his arm to help others and babies he would never know a remarkable 1173 times and expected nothing in return."</p> <p>"He leaves behind an incredible legacy, and it was his hope that one day, someone in Australia would beat his donation record," he added. </p> <p>"On behalf of Lifeblood, and the entire Australian community, we thank James for the incredible life- saving contribution he made and the millions of lives he saved."</p> <p>Harrison's rare blood and plasma may continue to save lives even after his death, with researches hoping they would be able to use his blood to develop lab-grown Anti-D. </p> <p><em>Image: Nine News</em></p>

Caring

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Millions urged to prepare for Cyclone Alfred

<p>Millions of residents in Queensland and Northern New South Wales have been urged to prepare for a historic storm, as tropical Cyclone Alfred is just days away from approaching land. </p> <p>Tropical Cyclone Alfred is expected to cross anywhere from Bundaberg in Queensland and northern NSW on Thursday as a category two system, bringing up to 600 millimetres of rain per day.</p> <p>Authorities urged residents to stay vigilant and pay attention to warnings, while also urging locals to have a stash of food ready and to prepare their homes as best they can. </p> <p>Queensland Premier David Crisafulli said residents should do “everything they can” including having tinned food, making an emergency kit, gathering up passports and clearing debris from properties.</p> <p>The state government has requested telecommunication companies to increase network capacity to cope with an expected jump in internet usage and millions of messages throughout the emergency.</p> <p>Many homes in southeast Queensland are not built to withstand cyclones, with Mr Crisafulli urging residents to listen to warnings from authorities.</p> <p>“This part of the state has had its fair share of flooding challenges and has responded well, and I genuinely believe that people will heed warnings and will do the right thing,” he said.</p> <p>SES NSW urged residents to prepare for damaging winds, large surf and heavy rainfall with major riverine and flash flooding expected from Wednesday.</p> <p>“We are asking the community to take steps now to ensure that if you are asked to evacuate you have a plan for yourselves, your families and your pets and know where you will go,” NSW SES Assistant Commissioner Dean Storey said.</p> <p>The cyclone is hundreds of kilometres off Rockhampton and is expected to travel southeast until Tuesday, when it will swing west and make its way towards land. </p> <p><em>Image credits: Sunrise</em></p>

Travel Trouble

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"Absolutely cooked": Old Sydney home sold for over $4.1 million

<p>A one-storey red brick home in Lane Cove, Sydney has sold for a whopping $4,165,000 at an auction on Saturday. </p> <p>The home, which boasts two bathrooms, a backyard, four bedrooms and a “traditional kitchen” has sold for more than $600,000 over reserve, despite being built between the 1920s-1950s and needing renovation. </p> <p>The home was snapped up by a British family after a fierce bidding war with six other registered buyers. </p> <p>“The people who purchased it were the opening bid. (The bidders) were actively bidding into the high threes, and two of them pushed it above the four mark,” said Sam Lloyd from McGrath Estate Agents.</p> <p>“As far as we know, they will definitely do some work to it to make it their family home.”</p> <p>Lloyd added that there was was “plenty of interest” in the 695 sqm property, with its prime location near the suburb's retail and restaurant precinct. </p> <p>The selling agent said that both himself and the owner were “surprised” by the high price of the property – which had a reserve of $3.5 million.</p> <p>“It was definitely above our expectations” he said.</p> <p>According to Domain, the median house price for a four bedroom home in Lane Cove is $3.505 million. </p> <p>Many expressed their outrage over the "crazy" price online, with freelancer chief executive Matt Barrie saying: “Sydney house prices rapidly approaching $5m. Absolutely cooked."</p> <p>“$4 million for the house, plus another $2-3 million to demolish and rebuild. The reality of living in Australia where even the top one per cent income earners face significant costs for home ownership,” another added. </p> <p>“Our economy is out of control, what a ridiculous price for an average house,” a third wrote.</p> <p>“That’s some crazy pricing! I hear Adelaide is lovely this time of year …” a fourth commented. </p> <p><em>Image: Domain</em></p>

Money & Banking

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Australia’s largest super fund fined $27 million

<p>Australia's largest superannuation fund has been charged a whopping $27 million for charging duplicate fees to tens of thousands of customers. </p> <p>AustralianSuper was first sued by the Australian Securities and Investments Commission (ASIC) in 2023. </p> <p>During the investigation, it was discovered that more than 48,000 members’ accounts were not merged in their best interests, allowing duplicate fees to eat in to the retirement savings of hard-working Aussies. </p> <p>About 90,000 AustralianSuper members were affected between July 2013 and March 2023, costing them $69 million.</p> <p>Both ASIC and AustralianSuper appeared in the Federal Court at Melbourne on Friday, where Justice Lisa Hespe handed down her decision.</p> <p>AustralianSuper were fined $27 million, and were also ordered to pay ASIC’s legal costs up to $500,000.</p> <p>“By failing to properly remediate that beneficiary, AustralianSuper did not exercise in relation to the interests of that beneficiary the same degree of skill, care and diligence as a prudent superannuation trustee would have exercised,” Justice Lisa Hespe ruled.</p> <p>AustralianSuper apologised to members when the lawsuit began, saying it regretted that its processes to identify and combine multiple accounts did not cover all instances of multiple member accounts.</p> <p>In a statement after the hearing, AustralianSuper chief executive Paul Schroder said they had taken steps to prevent similar mistakes. </p> <p>“We found this mistake, we reported it, we apologised to impacted members, we compensated them, and we’ve improved our processes to prevent this happening again,” he said.</p> <p><em>Image credits: Shutterstock </em></p>

Money & Banking

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Barry Humphries' personal collection fetches millions at auction

<p>A collection of Barry Humphries' personal items has fetched $9 million at a London auction. </p> <p>Just one pair of Barry Humphries’ Dame Edna Everage glasses sold for more than 25 times their pre-sale high estimate, with the yellow-lacquered Possum spectacles fetching a whopping £37,800 ($75,185 AUD).</p> <p>His personal collection totalled £4,627,224 ($9.2 million AUD) at auction, including buyer’s premium, according to Christie’s auction house, which welcomed bidders from 41 countries to the sale.</p> <p>The top price of the sale was lot 42, Charles Conder’s painting Sand dunes, Ambleteuse, which sold for £239,400 ($476,170 AUD).</p> <p>Among the star’s costumes up for sale was a scarlet chiffon evening gown, worn by Humphries as Dame Edna when he surprised the then Prince Charles and Duchess of Cornwall in the royal box at the Royal Variety Show in 2013, which sold for £21,420, or $42,604 AUD.</p> <blockquote class="twitter-tweet"> <p dir="ltr" lang="en"><a href="https://twitter.com/hashtag/SpotlightSaturday?src=hash&ref_src=twsrc%5Etfw">#SpotlightSaturday</a> Christie’s is delighted to present six lots in Barry Humphries: The Personal Collection sale being sold to benefit the Royal Variety Charity (Registered Charity No.206451) on 13 February. Explore more here: <a href="https://t.co/fwfXGUOe9k">https://t.co/fwfXGUOe9k</a> <a href="https://t.co/fFsl6Gh7gC">pic.twitter.com/fFsl6Gh7gC</a></p> <p>— Christie's (@ChristiesInc) <a href="https://twitter.com/ChristiesInc/status/1888196325801676946?ref_src=twsrc%5Etfw">February 8, 2025</a></p></blockquote> <p>“These fantastic results are a testament to Barry’s unique vision and lifelong passion for collecting,” said Benedict Winter, head of sale, private and iconic collections, Christie’s London.</p> <p>“Extraordinary prices were achieved for Symbolist art, works on paper, books and of course Dame Edna’s ‘face furniture’ and dresses."</p> <p>“Christie’s is incredibly proud to have offered this iconic collection at auction, with the results paying a fitting tribute to Barry Humphries and his remarkable legacy.”</p> <p>The Australian star, who was known for his satirical characters including the high camp of Dame Edna and the offensive cultural attache Sir Les Patterson, died in April 2023 at the age of 89.</p> <p><em>Image credits: Getty Images </em></p> <div id="div-gpt-inline-02-inner" style="box-sizing: border-box; border: 0px solid; --tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; --tw-rotate: 0; --tw-skew-x: 0; --tw-skew-y: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-ring-offset-width: 0px; --tw-ring-offset-color: #fff; --tw-ring-color: rgba(59,130,246,0.5); --tw-ring-offset-shadow: 0 0 #0000; --tw-ring-shadow: 0 0 #0000; --tw-shadow: 0 0 #0000; --tw-shadow-colored: 0 0 #0000;" data-google-query-id="CKbj15KqyYsDFQQLigMdumYUIw"></div>

Money & Banking

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Kyle and Jackie O's $200 million contract death clause revealed

<p>Kyle Sandilands and Jackie ‘O’ Henderson have revealed the grim death clause in their individual contracts.</p> <p>In November 2023, the longtime KIISFM hosts signed a monster $200 million deal with Australian Radio Network (ARN)  that will see them remain on airwaves until 2034, each pocketing a minimum of $10 million per year.</p> <p>However, added to the whopping sum come a series of unique clauses.</p> <p>Speaking candidly on Thursday morning's show, Kyle and Jackie O opened up about what would happen to the show if one of them were to die, and they each had different stipulations.</p> <p>“They [lawyers] did ring me when they were doing this new deal and said ‘Jackie wants this [death] clause’,” Sandilands said. “I said, ‘I’ve had this for years.’”</p> <p>As part of Henderson’s contract, the host specified she’d want the option to leave the show if Sandilands passed away.</p> <p>“I don’t know if I would want to do it with someone else,” Henderson told her co-host.</p> <p>“Aw, bless you,” Sandilands said, before savagely responding, "We drop your name. I get your income.”</p> <p>“I’d just soldier on without you. I wouldn’t like it, [but] I wouldn’t want to let that great bit of content die on the vine. I’d rather be on-air crying.”</p> <p>Elsewhere, Sandilands said it was stated in his contract he would only fly via private jet or first class if he was required to work overseas, while admitting that many of their contract clauses are "beyond belief”.</p> <p><em>Image credits: KIISFM</em></p>

Legal

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Cruise line asks for travellers help with billion-dollar ship design

<p>If you've ever been on a cruise ship and had your opinions on what elements of the ship could be improved, now is your chance to have your say. </p> <p>Celebrity Cruises is giving travellers the opportunity to help design the cruise line's newest billion-dollar ship, Celebrity Xcel.</p> <p>In a first for the cruising industry, dedicated cruisers will assist in making key decisions across culinary, entertainment and interior design for the new ship. </p> <p>"We want to ensure our guests love our products and experiences, so involving them in the process to perfect Celebrity Xcel was a great way to achieve this," Michael Scheiner, chief marketing and product officer of Celebrity Cruises, said.</p> <p>Open to anyone who wishes to have their say, the global community of travellers will test, try and vote on new experiences, through online polls and one-of-a-kind experiential in-person events.</p> <p>The Dream Makers community will have final say on design elements of the ship, such as textiles and interior design choices, as well as picking their favourite dining and beverage options to be served onboard. </p> <p>Plus, they get to provide input on headline shows, selecting playlists, and partake in selections to appoint pivotal entertainment positions onboard.</p> <p>"Celebrity Cruises is known for ground-breaking innovation in ship design and experiences unlike any other at sea," Michael said.</p> <p>"When Xcel launches guests won't have just found their happy place, they'll have helped us build it."</p> <p>Celebrity Xcel launches in November 2025 and will be the fifth ship in the cruise line's award-winning Edge Series.</p> <p>Those interested in joining Xcel Dream Makers to have their say on the new ship can learn more at <a title="" href="http://www.celebritycruises.com/xceldreammakers" target="_blank" rel="noopener">celebritycruises.com/xceldreammakers</a>.</p> <p><em>Image credits: Celebrity Cruises</em></p>

Cruising

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Aussie drivers urged to cash in on $140 million in unclaimed funds

<p>The NSW government has urged Sydney motorists to access its toll road relief scheme, with $140 million left unclaimed since the cost-of-living support measure was introduced last year. </p> <p>Drivers who spend more than $60 in tolls weekly can claim the excess back under the "toll cap" introduced by the Minns government to help highly-tolled residents in Western Sydney. </p> <p>On Monday, Roads Minister John Graham said that while $75 million had already been paid to motorists, there's still $140 million yet to be claimed. </p> <p>“I want to remind motorists to get on to the Service NSW website and claim what they are entitled to in relief,” Graham said in a statement.</p> <p>Around 720,000 drivers are eligible for a slice of the payments. </p> <p>Over the past year, more than 276,000 claims were paid since the scheme was introduced, with an average claim of $277, according to the government. </p> <p>There were 115 suburbs where the average claim was $300 or more, including Parramatta, Lidcombe, Schofields, Westmead, Toongabbie, Merrylands and Auburn.</p> <p>“We know people are doing it tough and the toll cap is making it just that little bit fairer for drivers that heavily rely on the toll roads,” Graham said. </p> <p>He also added that reform talks with private toll road companies are still ongoing. </p> <p>In December, the government struck an in-principle deal with Transurban, a toll road operator, for a network-wide pricing system in attempt to ease the impact of toll payments on motorists. </p> <p>“The NSW government is progressing with toll reform to make tolls fairer overall,” Graham said on Monday. </p> <p><em>Image: Rose Marinelli / Shutterstock.com</em></p>

Money & Banking

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Sacked Qantas workers win $120 million compensation

<p>Qantas will pay $120 million in compensation to more than 1800 workers who were unlawfully sacked during the pandemic. </p> <p>The airline announced on Wednesday that they had reached an agreement with the Transport Workers Union (TWU) over the compensation, after the Federal Court ordered them to pay three former employees a combined $170,000 in a test case in October. </p> <p>The High Court decided to uphold the ruling that Qantas unlawfully sacked baggage handlers, cleaners and ground staff in 2020. </p> <p>Under the agreement, the airline will set up a fund early next year to pay the 1820 workers impacted by their decision. </p> <p>"This is an important step in bringing closure to these individuals and I want to reiterate our sincere apologies to those impacted and their families," Qantas chief executive Vanessa Hudson said in a statement. </p> <p>"We know this has been a difficult period for those affected and are pleased we have been able to work closely with the TWU to expedite this process and resolve it ahead of Christmas."</p> <p>The TWU said the agreement was a  "huge result from members' unity over a four-year court battle". They added that the payouts would compensate workers for economic loss as well as hurt and suffering. </p> <p>"Soon these brave men and women will receive long-awaited compensation in accordance with the principles set out in the Court's decision," Michael Kaine, the TWU's national secretary said in a statement.</p> <p>"These workers helped build the Spirit of Australia. Many worked decades, proud to play their part in delivering the safety and service standards that made Qantas a national icon.</p> <p>"Never again can we see Joyce-style tactics applied to wreck jobs and fight against workers receiving fair compensation." </p> <p>The payouts will also cover compensation paid to the TWU and costs associated with sending the funds to individual workers. </p> <p><em>Image: Thanhliemnguyen / Shutterstock.com</em></p>

Travel Trouble

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NSW Government refunds millions of Covid fines

<p>Millions of dollars in fines dished out for breaches of Covid restrictions in NSW are set to be refunded, while close to 24,000 penalty notices will be officially erased. </p> <p>The announcement of the statewide refund by the NSW Fines Administration Commissioner on Tuesday came after legal advice cast doubt on the legal validity of the penalties handed out during Covid lockdowns. </p> <p>In total, more than $5.5 million will be handed back to those who have made either a full or partial payment towards paying off a Covid fine. </p> <p>Those in line for money, or with outstanding penalties, will be contacted by Revenue NSW within days.</p> <p>“Following representations made to the Commissioner of Police and myself concerning the validity of COVID-19 penalty notices, I have decided to exercise my statutory authority and withdraw these notices,” Fine Administration Commissioner Scott Johnston said.</p> <p>“Revenue NSW will be reaching out to all affected customers to support them through the finalisation of their matters.”</p> <p>At the height of the pandemic, the state government claimed they introduced the public health orders to "protect the community". </p> <p>Some fines have already been withdrawn, as in 2022 the Commissioner withdrew about 36,000 penalty notices tied to Covid-related offences because the information on them “made it difficult” for recipients to understand their offence.</p> <p>The remaining 23,539 penalty notices were believed to have provided a clearer explanation and were not withdrawn, but after further legal advice and consideration, it was considered “appropriate” to withdraw them too.</p> <p><em>Image credits: Xinhua News Agency/Shutterstock Editorial </em></p>

Legal

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Court views footage of final moments before Clare Nowland was tasered

<p>A registered nurse with nearly 50 years of experience has expressed her deep concern regarding the tasering of 95-year-old Clare Nowland, a resident at Yallambee Lodge nursing home in Cooma, New South Wales.</p> <p>The incident occurred in the early hours of May 17, 2023, and <a href="https://www.oversixty.com.au/news/news/clare-nowland-dies-officer-charged" target="_blank" rel="noopener">resulted in Nowland's death</a>, a great-grandmother suffering from dementia.</p> <p>Senior Constable Kristian James Samuel White, 34, is currently on trial in the NSW Supreme Court facing manslaughter charges related to the incident. He has pleaded not guilty, asserting that he acted lawfully under his duties as a police officer.</p> <p>During her testimony, Nurse Rosaline Baker recounted her alarm when she called triple-0 after Nowland had grabbed two steak knives and a jug of prunes from the kitchen. Following her call for help, White and Acting Sergeant Rachel Pank arrived on the scene after two paramedics. Together with Baker, they located Nowland in a treatment room. When White pulled out his taser, Baker admitted she was unfamiliar with the device and felt "kind of curious". However, her curiosity turned to horror when she heard a loud noise and witnessed Nowland being struck by the stun gun. "I was very, very concerned when she was falling to the ground," Baker stated in court.</p> <p>The trial has revealed troubling details about Nowland's condition and behaviour leading up to that fateful night. Expert testimony indicated that her behaviour had escalated over the three months prior to her death. She exhibited increasingly anti-social behaviour, such as taking food from other residents, attempting to undress in public areas, and refusing assistance from staff. CCTV footage presented during the trial showed Nowland physically lashing out at staff members and even getting stuck in a tree, as well as footage showing the final moments of Nowland's life as she hid from emergency service staff – including Senior Constable White.</p> <p>Nowland had been admitted to the hospital on April 16 and prescribed the anti-psychotic drug Risperdal to manage her aggressive behaviour after incidents involving punching and biting staff. Under questioning by defence barrister Troy Edwards SC, an expert acknowledged that Nowland's behaviour just before she was tasered could have been influenced by a recent reduction in her medication dosage.</p> <p>The trial continues.</p> <p><em>Images: 7 News</em></p>

Caring

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Aussies urged to claim share of $241 million in unpaid Medicare benefits

<p>More than 930,000 Australians are owed their share of $241 million in unclaimed Medicare benefits. </p> <p>The unpaid Medicare benefits have been withheld from recipients who have not updated their bank details, the Department of Social Services said on Thursday.</p> <p>The average Australian is owed about $260 each, but 200 Australians are owed more than $10,000. </p> <p>Young people seem to be owed the most, with more than $52m owed to more than 224,000 Aussies aged between 18 and 24. </p> <p>“Once you update your details, Services Australia will pay your unpaid benefits within three days,” National Disability Insurance Scheme and Government Services minister Bill Shorten said.</p> <p>He added that it takes less than a minute for the average person with a myGov account linked to Medicare to check and update their bank details. </p> <p>Those owed money are being notified directly through their myGov inbox. </p> <p>“Services Australia is in the process of sending over half a million notifications to people’s myGov inbox asking them to update their details,” Shorten said.</p> <p>He added that in the last financial year, Services Australia paid nearly $30bn in Medicare benefits, and since December 2023, they have reunited over half a million Australians with $117 million in unpaid benefits. </p> <p>“We know a bit of extra money is always welcome in the lead up to the holidays – so there’s no better time than now to check if your bank details with Medicare are current, and if you have any unpaid benefits," Shorten said. </p> <p>“With everyone doing it tough due to cost of living, this is good news for nearly a million Aussies from all walks of life all over Australia.”</p> <p><em>Image: Shutterstock</em></p> <p> </p>

Money & Banking

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Mother helps raise over $1 million for her children ahead of her death

<p>A single mother from America has left an enduring financial legacy to her two young children in the weeks before her untimely death. </p> <p>Erika Diarte-Carr, 30, started a <a href="https://www.gofundme.com/f/help-erika-and-her-children-with-funeral-expenses" target="_blank" rel="noopener">GoFundMe</a> page after she was diagnosed with terminal cancer in order to cover costs of her own funeral, as well as providing funds to raise her two kids,  Jeremiah, 7, and Aaliyah, 5.</p> <p>After setting the fundraising goal for $5,000 USD, generous members of her community spread the word of her selfless actions, with the fundraiser now reaching over $1.7 million USD and counting. </p> <p>Titled “Support Erika: A Mother planning her own funeral”, the page has garnered more than 38,000 individual donations.</p> <p>The page reads, “Dear family, friends and to all of those of you who may or may not know know me..."</p> <p>“My name is Erika Diarte-Carr. I am 30 years old and a single mother of two beautiful children. Jeremiah (7) and Aaliyah (5). ❤️ They are my whole life, light and soul. My children are my fight and what keep me going.”</p> <p>The mother then shared the tragic details of her cancer journey, as she recalled being diagnosed with stage 4 terminal cancer in May 2022 after presenting for “normal shoulder surgery”.</p> <p>“By that point, the damage had already been done. In that moment, mine and my kids’ entire lives had changed forever, as well as all of those around us,” she wrote.</p> <p>On top of her cancer diagnosis, Erika was hit with another blow in January 2024 as she was diagnosed with Cushing's Syndrome, which resulted in rapid weight gain, Type 2 diabetes, and further debilitating symptoms the mother claimed had “taken so much away” from her family.</p> <p>The page was updated in mid-September upon advice Ms Diarte-Carr had just three months to live and that treatments would “no longer help”.</p> <p>The mother added to the GoFundMe page how the excess funds would be allocated, writing, “For anyone’s concern, all the funds that have exceeded my funeral costs goal will be now put into a trust fund for my babies that way I can leave behind something for them and I can still ensure they are going to be ok as they grow up."</p> <p>On October 4th, the mother thanked donors and announced she and her family were able to take one final trip together hoping to leave her kids with “memories that’ll last a lifetime”.</p> <p>Just days later, Erika's cousin shared a post to social media to announce that Erika had passed away on October 12th.</p> <p>“It is with a heavy heart that this is the final update I will be giving for my cousin Erika,” she wrote on Facebook.</p> <p>“She fought a long and hard battle. She was strong and held on as long as she could for her babies. I know she was so thankful for all of your support and love and prayers.”</p> <p><em>Image credits: GoFundMe</em></p>

Caring

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Millions of Aussies to receive cash boost as welfare payments rise

<p>Millions of Australians who rely on welfare payments will receive a much needed cash boost as of Friday, thanks to an indexation boost. </p> <p>Recipients of the age and disability pensions, rent assistance, carer payments, and JobSeeker payments will all receive the increase. </p> <p>Age pensioners, as well as those on the disability pension and carer payments, will see an increase of $28.10 a fortnight for singles and $42.40 a fortnight for couples.</p> <p>This boost will take the total payment per fortnight, including energy supplement, to $1114.40 for singles and $862.60 for each member of a couple.</p> <p>Maximum rates of Commonwealth rent assistance will also be increased by 10 per cent from today, with indexation applied on top, as single recipients, with no children, renting on their own, and receiving the maximum rate will get an additional $23 per fortnight in rent assistance.</p> <p>For families with one or two children, their payment will increase by $27.02 per fortnight.</p> <p>Single JobSeeker recipients with an assessed partial capacity to work of zero to 14 hours per week will move to the higher rate of JobSeeker, receiving $849.50 a fortnight (including the energy supplement and pharmaceutical allowance).</p> <p>"This indexation will deliver timely boosts to people receiving allowance payments and pensions, ensuring that these vulnerable cohorts have more money in their pockets for everyday expenses," Social Services Minister Amanda Rishworth said.</p> <p>A full breakdown of the payment changes <a title="can be found here" href="http://www.dss.gov.au/about-the-department/benefits-payments/previous-indexation-rates" target="_blank" rel="noopener">can be found here</a>.</p> <p><em>Image credits: Shutterstock </em></p>

Money & Banking

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Heritage Aussie number plate to fetch over a million

<p>A South Australian number plate is expected to sell at auction for over a million dollars. </p> <p>The sought-after No. 8 Plate was first issued in 1906 to Arthur Ernest Ayers, the son of South Australian businessman and politician Sir Henry Ayers, the original owner of the Ayers House in Adelaide.</p> <p>The number plate became available for the first time in February this year, with the online auction going live late last month. </p> <p>Almost 1,700 bids have already been made, with the leading bid as of Monday morning at around $1.32 million with the auction closing at 7pm (local time).</p> <p>“It’s very rare and very special,” Historic Plates auctioneer, Stewart Kay, said. </p> <p>The last time the SA Government issued a single digit number plate was in 1985, when plate No. 7 was sold. </p> <p>“These plates are all about the paperwork, so having a set of number plates hanging in grandad’s shed might not necessary confer ownership.”</p> <p>He added that the plate would likely be sold to a prominent Adelaide businessman for around  $1.3 to $1.5 million.</p> <p>This is a record price for a South Australian number plate, with the previous highest being for a SA No. 1 Plate commemorating the Adelaide Grand Prix, which fetched $593,000 in 2020.</p> <p>Kay added that the older the number plate and lower the number, the higher the return expected at auction.</p> <p>“Number plates are a very historic connection back to 120 years ago when they were first issued,” Kay said.</p> <p>“They’re sort of triple threat, they look fantastic on a car, they have a great return in terms of investment and they have a certain level of prestige to them.”</p> <p>Anyone can purchase the rights to a number plate, however the plates can only be affixed to a vehicle that is registered to the state it belongs in. </p> <p>In New South Wales, a No. 1 plate surpassed its $10 million estimate and was sold for $12.4 million in January. </p> <p>Earlier this year, Victoria’s "luckiest" number plate with the number 888-888 sold for an eye-watering $230,000 to an anonymous buyer after it was privately owned for the past 30 years. </p> <p><em>Image: 7News</em></p>

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