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Coldplay pause concert to help young boy in distress

<p>Coldplay's frontman Chris Martin has paused their concert in Sydney to help a young fan in distress.</p> <p>At Sydney's Accor stadium, Martin spotted a young boy in the crowd who was being crushed behind a wall of pushing fans.</p> <p>A video of the moment was shared on TikTok, showing the singer checking in on the kid before giving him the best seat in the house.</p> <p>"You can sit right here, OK? You don't have to be squeezed," Martin told the boy during Wednesday night's show, pointing to a spot over the crowd control barriers.</p> <p>Martin then turned to the security team if they could "get some headphones for him" before turning his attention back to the boy, as he explained, "Then you don't have to be squished by all these adults is all."</p> <div class="embed" style="font-size: 16px; box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; vertical-align: baseline; outline: currentcolor !important;"><iframe class="embedly-embed" style="box-sizing: inherit; margin: 0px; padding: 0px; border-width: 0px; border-style: none; vertical-align: baseline; width: 600px; max-width: 100%; outline: currentcolor !important;" title="tiktok embed" src="https://cdn.embedly.com/widgets/media.html?src=https%3A%2F%2Fwww.tiktok.com%2Fembed%2Fv2%2F7434149552611020040&display_name=tiktok&url=https%3A%2F%2Fwww.tiktok.com%2F%40rubygxpim%2Fvideo%2F7434149552611020040%3Flang%3Den&image=https%3A%2F%2Fp16-sign-sg.tiktokcdn.com%2Fobj%2Ftos-alisg-p-0037%2Fok6scDVKIAojceAI4DZEVneANEAjAAFROrEg6f%3Flk3s%3Db59d6b55%26x-expires%3D1731196800%26x-signature%3DOcK0QZUELKCqtkgmIvPpGukhRCc%253D%26shp%3Db59d6b55%26shcp%3D-&key=59e3ae3acaa649a5a98672932445e203&type=text%2Fhtml&schema=tiktok" width="340" height="700" frameborder="0" scrolling="no" allowfullscreen="allowfullscreen"></iframe></div> <p>"You sit right there my little brother, OK. Better? Now let's get you ... do you want some coke or something? The drink, I mean," he said to laughs from the crowd.</p> <p>"We'll take care of you man."</p> <p>Once the boy was safely in position, Martin carried on with the show. </p> <p>The video quickly went viral, with many commenting that Martin's care for the young fan was a "class act", with many praising his "wonderful" actions. </p> <p><em>Image credits: TikTok/Sonia Moskowitz Gordon/ZUMA/Shutterstock Editorial</em></p>

Caring

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Sad end in search for young boy swept out to sea

<p>A body has been recovered in the search for a young boy swept out to sea in front of his family while on a fishing trip at The Entrance, NSW over the weekend.</p> <p>Laith Alaid, 11, was crossing a channel about 5pm on Sunday when he was caught in the outgoing tide. </p> <p>His father managed to save his other three sons aged, three, seven and nine, but he could not reach Laith in time.</p> <p>Bystanders looked after the three children while Laith's father tried to reach him. </p> <p>“(The father) came here by himself and with his four beautiful boys ... and he tried to save them all, he saved three and by the time he turned around (Laith) was gone ... in a split second,” family member Zeid Alhirz said. </p> <p>The family were visiting the Central Coast from Sydney and had been fishing when it is understood they took a shortcut across the channel between an estuary and the ocean. </p> <p>Relatives said they had visited and fished at the popular tourist spot for years and had crossed the channel at least three times before tragedy struck. </p> <p>An extensive multi-agency search was conducted and on Wednesday police were called back to The Entrance after a body was found in the water. </p> <p>“While the body is yet to be formally identified, it is believed to be that of the missing boy,” NSW Police said.</p> <p>Inspector David Piddington said “lots of people try to move across that channel” but he advised against it.</p> <p>A report will be prepared for the coroner.</p> <p><em>Images: 7News</em></p>

Caring

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School apologises for removing memorial after girl's suicide

<p>Santa Sabina College has apologised after removing a makeshift memorial to honour the life of 12-year-old Charlotte O'Brien, who took her own life after years of alleged bullying at the school. </p> <p>The year 7 student died in September after being bullied at the Catholic school in the inner-west Sydney suburb of Strathfield.</p> <p>Following her tragic death, Charlotte's family created a memorial near the school, only for it to be removed days later, leaving her loved ones devastated.</p> <p>Principal Paulina Skerman initially defended the decision to remove the memorial, citing advice from mental health experts at Headspace, saying, "On the advice of mental health experts including Headspace, who are working with the College, we removed the memorial because of the concerns that were raised about the impact this could have on other young people."</p> <p>However, 2GB radio host Ben Fordham challenged her reasoning and reached out to Headspace, who said they gave no such advice to the school principal. </p> <p>"Headspace did not recommend Santa Sabina or Paulina Skerman remove the memorial dedicated to Charlotte. To say that they did is a straight-out lie," Fordham told his listeners.</p> <p>He added, "It never ever happened. Headspace did not advise Paulina Skerman or anyone at Santa Sabina to take it down."</p> <p>After Fordham's revelations, the school issued an apology on Monday, saying, "We are devastated for Charlotte's family and friends, and we acknowledge that some of the college's initial statements to the media were inadequate and hurtful."</p> <p>"We apologise to Charlotte's family for this. It was never our intention to add to their pain. We acknowledge that, at times, our efforts have fallen short, and we are sincerely sorry."</p> <p>"The choice to remove the public memorial was a difficult one, balancing the desire to honor Charlotte's memory with our responsibility to prevent further distress to students."</p> <p>"Ms Skerman was grateful to visit Charlotte's parents, Kelly and Matt, to apologise to them personally. We are committed to working together to create a permanent memorial to remember Charlotte. She will not be forgotten."</p> <p><em><strong>Need to talk to someone? Don't go it alone.</strong></em></p> <p><em><strong>Call Lifeline on 13 11 14 or visit <a href="http://lifeline.org.au/" target="_blank" rel="noopener noreferrer" data-stringify-link="http://lifeline.org.au" data-sk="tooltip_parent">lifeline.org.au</a></strong></em></p> <p><em><strong>Beyond Blue: 1300 224 636</strong></em></p> <p><em><strong>SANE: 1800 187 263 or visit <a href="http://saneforums.org/" target="_blank" rel="noopener noreferrer" data-stringify-link="http://saneforums.org" data-sk="tooltip_parent">saneforums.org</a></strong></em></p> <p><em>Image credits: 7News / Facebook</em></p>

Family & Pets

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Grieving father pays tribute to young son killed in school crash

<p>The heart-broken father of the young boy who was killed when a car crashed through his school gate has spoken out about his profound loss. </p> <p>Jack Davey was sitting with friends when a car slammed through a fence and into a group of Year 5 students at Auburn South Primary School on Tuesday afternoon.</p> <p>He was critically injured and died on the way to hospital, while four other children were also injured. </p> <p>As tributes for the young boy have started to emerge in the days following the accident, Jack’s father has also now publicly spoken for the first time following his son’s death.</p> <p>In a moving tribute, Mike Davey said he couldn’t imagine spending the rest of his life without his “beautiful” boy.</p> <p>“Our beautiful son. A shooting star who blessed us for 11 years with love, friendship and kindness,” he said. “You were my inspiration and motivation. I cannot comprehend the life ahead without you."</p> <p>“My mate, my champ, my Jackie-boi. Godspeed, until we meet again ... I love you.”</p> <p>His mother, dad and siblings visited a growing memorial for the student outside the school on Wednesday afternoon to read all the messages left in his honour.</p> <p>His father wore his son’s backpack and his two sisters left teddy bears.</p> <p>School mum and friend of the family Lucy Pristel along with some of the other school mums, decided to launch a <a href="https://www.gofundme.com/f/support-the-davey" target="_blank" rel="nofollow noopener" data-i13n="cpos:5;pos:1" data-ylk="slk:GoFundMe;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas" data-rapid_p="15" data-v9y="1">GoFundMe</a> to help "ease the burden" of funeral costs, adding, "We just wanted to make life as easy as possible." </p> <p>In a matter of hours, the fundraiser has exceeded its goal, and at the time of writing over $160,000 has been <a href="https://oversixty.com.au/health/caring/boy-s-tragic-death-in-school-crash-sparks-incredible-community-response" target="_blank" rel="noopener">donated</a> by the community.</p> <p><em>Image credits: GoFundMe</em></p>

Caring

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Aussie sisters recall tradition that left young King Charles speechless

<p>Aussie sisters Jane Tozer and Amanda Boxshall have had the rare privilege of forming a closer bond with King Charles than most, having hosted the young royal during his studies in Australia. </p> <p>In 1966, at the age of 16, King Charles spent a year in Australia attending Timbertop outdoor adventure school, a remote campus that forms part of Geelong Grammar School.</p> <p>He stayed at Jane and Amanda's family farm, the two sisters then aged 11 and six, got to share six months of their lives with him. </p> <p>The royal family's security chose their dairy farm as it was an easy place to keep the then Prince Charles secure, and had enough room for his personal staff.</p> <p>On Monday, the sisters recalled their experience of living with the royal to <em>Sunrise</em> hosts Nat Barr and Matt Shirvington. </p> <p>They said that he was a "normal kid" but there was one family tradition that shocked him - their family eating together. </p> <p>“Mum and dad and the farm workers all used to just sit at one table and King Charles would come past and he couldn’t believe that people all sit together — that families sit and enjoy meals together,” Amanda said.</p> <p>The sisters also said that while they were briefed by the King's security prior to him moving in, they "didn't really understand the whole concept of being royal." </p> <p>“He was just another person on our farm that we chatted to and had a swim with. But he was very friendly. He always had his security with him ... (but) he was really friendly, very curious," Jane said. </p> <p>“He would ask a lot of questions, like how did this and that work? Can I help you do this? Can I do that?”</p> <p>They also said the King liked the outdoors - a passion he still holds to this day. </p> <p>“(We would go) horse-riding, of course. He’s very into horses ... and just doing kid things ... it was just like this whole new family had moved into our farm life. It was a unique experience.”</p> <p>The sisters managed to catch up with King Charles during his royal tour in 2018. </p> <p>“He remembered mum and dad and asked how they were and all of those sorts of things,” Jane said.</p> <p>“We laughed about all the things we did on the farm. So, he remembered everything. We didn’t really expect that he would remember all those things. But he did. So yeah, it was part of history.”</p> <p>Reflecting on Charles' last day staying the family, they said while they "were very sad" he had to leave, the family commemorated the moment with a portrait together. </p> <p>"Mum made us all beautiful new outfits and he said, ‘no, I want you as you really are’. So, we had to go and get our farm clothes back on. But he, he’s just such a nice person and very funny,” Jane said.</p> <p><em>Images: Seven</em></p>

Family & Pets

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Tributes flow after young model dies suddenly

<p>A young model has been remembered as the "most beautiful, caring and supportive woman" by her friends after she died tragically in a fatal car accident. </p> <p>Aussie model Elise Hodder, 24, was at a rave with her friends and as they were leaving the venue in Melbourne in the early hours of Sunday morning, she was hit by a vehicle that allegedly reversed at speed in a car park.</p> <p>Two others were also hit in the accident, as a 26-year-old woman was taken to hospital with serious injuries to her lower body, while a 25-year-old man was also struck but escaped unharmed.</p> <p>According to police, Hodder was pronounced dead at the scene. </p> <p>Prior to the accident, the young model appeared in New York's <em>Vanguard</em> Magazine, as well as many other prominent photo shoots. </p> <p>The 23-year-old man behind the wheel at the time of the crash is accused of having cannabis in his system and police say he allegedly blew three times over the legal blood alcohol content limit.</p> <p>In the wake of the fatal accident, the man has been charged with several offences, including culpable driving causing death, dangerous driving causing death and negligently causing serious injury, as police also allege he was driving without a licence.</p> <p>Tributes have poured in for Hodder after her sudden death, with loved ones sharing memories of the "hilarious" young woman who was "unapologetically herself".</p> <p>Hodder's father said his daughter's death left him "torn apart", as he wrote, "You were the most beautiful, caring and supportive woman."</p> <p>"We will cherish every memory and support all your friends as you always did for others. [I'm] torn apart, but your smile and heartbeat will always be with us. Words can’t even begin to describe the grief that floods her family and friends. I will carry you in my heart forever."</p> <p>Another friend also shared her immense grief on social media, writing, "To know Elise, was to love Elise."</p> <p>"Never have I met someone so hilariously and unapologetically herself. Her laugh was infectious, her eyes bewildering, and a heart so full of love."</p> <p><em>Image credits: Instagram / Facebook</em></p>

Caring

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Parents demand action after five-year-old son brutally attacked with golf club

<p>William Brooks-Chiplin was playing in the front yard of his friend’s house in Tamworth, NSW on Thursday, when he was allegedly attacked with a golf club by another child. </p> <p>The five-year-old's face was extremely swollen and he was left dizzy and unable to move his jaw. </p> <p>“The people who came out and saw it thought he was gone. He didn’t make a sound, and he wasn’t moving,” his father, Kayleb Brooks, said.</p> <p>“My thought was he was going to die. No kid should ever experience that,” his mother, Marrisa Tisdell, added.</p> <p>His parents also said the young boy “is having nightmares, waking up and screaming in his sleep”.</p> <p>William is required to return to hospital for further scans to determine whether he has any hairline fractures or issues with his eyesight. </p> <p>NSW Police said they identified the 10-year-old accused of hitting William, and he had been given a warning under the Young Offenders Act, designed to provide an alternative process to court proceedings for children accused of crimes. </p> <p>For children aged between 10 and 14 years, the act is design in such way because, “a child cannot be held criminally responsible for their conduct because they don’t understand right or wrong”, according to Hugo Law Group’s Linday Stankovic.</p> <p>However, William's parents are calling for the government to change the age of criminal responsibility following the incident. </p> <p>“The kid pretty much just got a caution,” William's mum said. </p> <p>“(It’s) is unfair, because in the meantime he is suffering and nothing is being done about it,” his dad added. </p> <p>However, things aren't that simple as there are other concerns about the implication. </p> <p>Earlier this month, the Australian Human Rights Commissioner wrote to the NT government urging it to not lower the age of  criminal responsibility from 12 to 10-years-old.</p> <p>“The younger a child comes into contact with the criminal justice system, the more likely they will go on to commit more serious and violent crimes," National Children’s Commissioner Anne Hollonds said.</p> <p>“Lowering the age of criminal responsibility to 10 years will not make communities safer, it will only see rates of child offending increase.</p> <p>“These are primary school age children, and harsh, punitive responses are not the answer. “</p> <p>A recent report also found that more than three-quarters of children had mental health needs or cognitive disability, and 47 per cent had multiple diagnosed cognitive disabilities.</p> <p><em>Image: 7News</em></p>

Legal

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Young woman dies after horror cruise fall

<p>A woman in her 20s has died after plunging from the MSC Virtuosa cruise ship in the middle of the night. </p> <p>The cruise ship was travelling from Lisbon to Southampton when disaster struck at around 2am on October 12. </p> <p>While air ambulance successfully winched her out of the English Channel, she was pronounced dead at the hospital despite the best efforts of medics. </p> <p>British and French police are now probing the unidentified woman's death, <em>The Sun</em> reported. </p> <p>The ship originally sounded a Man Overboard alert and spotlights were then used to light up the sea, as aircraft from France and the Channel Islands attended the sea. </p> <p>Infra-red cameras were used to locate the woman, who would've struggled to survive in the cold water. </p> <p>At around 3am French time, an emergency alert was issued saying that a person was missing, a coast guard told <em>The Sun</em>. </p> <p>A helicopter was sent to a search area just north Les Casquets rocks, near the Channel Island of Alderney, while a plane from  Channel Islands Air Search was sent to the scene from Guernsey, along with lifeboat crews.</p> <p>The £650 million ($A1.2 billion) vessel, which has a crew of more than 1500 and can carry up to 6300 passengers, remained in the area before making its way to Southampton. </p> <p>“A guest on board MSC Virtuosa went overboard on 12 October, while the ship was sailing to Southampton,” a Virtuosa spokesperson said.</p> <p>“The body was later recovered with the involvement of the authorities.</p> <p>“We are deeply saddened by this tragic event, and our thoughts are with the family during this difficult time.</p> <p>“Out of respect for their privacy, we will not be providing further details.”</p> <p>A Hampshire Police spokesperson added: “The investigation is not being managed by UK authorities.”</p> <p><em>Images: P.Cartwright / Shutterstock.com/ Channel Islands Air Search</em></p> <p> </p>

Travel Trouble

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Father reveals alarming details after young model found dead in Sydney brewery

<p>Savana Calvo, 27, was <a href="https://www.oversixty.com.au/health/caring/tragedy-as-young-model-dies-in-popular-brewery" target="_blank" rel="noopener">found dead</a> in the bathroom of Young Henry's brewery in Newtown, at around 11.30pm on Wednesday. </p> <p>As tributes pour in for the young model, her father, Daniel Paul Calvo has revealed that she allegedly received death threats in the week prior to her death. </p> <p>“As her father, I knew very well that she was being harassed and stalked, and I tried to intervene. Although we were very close, daughters only tell their parents so much,” he told <em>The Daily Telegraph</em>. </p> <p>“There’s more and more coming out, she was involved with some dodgy young guys, owed money, and leading up to last week she was getting multiple death threats.”</p> <p>The death threats that were allegedly sent to her will form part of an ongoing investigation into her death, NSW Police have confirmed. </p> <p>Friends and family have paid tribute to the fallen model, and started a GoFundMe page to cover her funeral costs. They said that “those who knew her best, knew that she went through some trying times." </p> <p>“She was a cherished daughter, sister and friend who brought so much love and light into all of our lives.</p> <p>She will be deeply missed by all who knew her.”</p> <p>The fundraiser has since raised over $30,000 for the model. </p> <p><em>Images: Instagram/ Google Maps</em></p>

Caring

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Tragedy as young model dies in popular brewery

<p>A young woman has died suddenly at a popular Sydney brewery. </p> <p>Savana Calvo, 27 tragically passed away at the Young Henry's brewery in Newtown at about 11.30pm last Wednesday. </p> <p>Her death is not being treated as suspicious, but her loved ones have revealed she had been going through "trying times" before her death. </p> <p>“It is with heavy hearts that we announce the passing of our beloved Savana, 27,” the model's friend Adam St John-Foti wrote online. </p> <p>“She was a cherished daughter, sister and friend who brought so much love and light into all of our lives.</p> <p>“She will be deeply missed by all who knew her.</p> <p>“Those who knew her best, knew that she was went through some trying time these past in recent times that led to her tragic passing.”</p> <p>Friends have rallied around her family, with St John-Foti setting up a <a href="https://www.gofundme.com/f/savana-calvo" target="_blank" rel="noopener">GoFundMe</a> page, which has so far raised over $28,000 to help her family cope with funeral costs. </p> <p>He added that he family were "spellbound" by the outpouring of support. </p> <p>“Your generosity will make a meaningful difference in ensuring that Savana is laid to rest with the dignity, respect, and celebration she deserves,” the page read. </p> <p>“We also appreciate your thoughts, prayers, and messages of support during this difficult time.</p> <p>“Your kindness means the world to Savana’s family as we navigate through our grief.”</p> <p>Another friend of the model has remembered her as a  “smiling and a kind gentle soul” who would  “be missed so much". </p> <p>“Fly high beautiful angel. I haven’t stopped thinking of you since I found out about your passing ... I will miss you Savvy.”</p> <p>Coopers Hotel, another Newtown institution has also paid tribute to Calvo, saying: “It is with heavy hearts that Newtown grieves the loss of a beloved member of its community Savana C." </p> <p>“Sav’s family has started a go fund me to help with funeral costs, please donate if you can.”</p> <p>Young Henrys was closed to the public on Thursday with police spotted on the outside. There is no suggestion of any wrongdoing by the brewery. </p> <p><em>Images: GoFundMe/ Instagram</em></p>

Caring

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Young homeowners are more likely to use their home as an ‘ATM’ than their Boomer parents. Here’s why

<div class="theconversation-article-body"><em><a href="https://theconversation.com/profiles/rachel-ong-viforj-113482">Rachel Ong ViforJ</a>, <a href="https://theconversation.com/institutions/curtin-university-873">Curtin University</a> and <a href="https://theconversation.com/profiles/christopher-phelps-378137">Christopher Phelps</a>, <a href="https://theconversation.com/institutions/curtin-university-873">Curtin University</a></em></p> <p>For many Australians, the family home is their largest financial asset. With an increasing variety of ways to tap into home equity, the temptation to access this wealth is ever growing.</p> <p>Homeowners increase the debt owed on their home when they borrow against their <a href="https://doi.org/10.1080/02673037.2013.783202">equity</a>. Standard mortgage home loans now provide facilities for relatively cheap or free withdrawals of equity from the home.</p> <p>This turns the <a href="https://theconversation.com/your-home-as-an-atm-home-equity-a-risky-welfare-tool-22000">home into an ATM</a>, which borrowers can access when they choose.</p> <p>Our new <a href="https://doi.org/10.1080/02673037.2024.2400158">study</a> asks what motivates Australians to tap into their home equity, and how does this behaviour change with age?</p> <p>Surprisingly, despite having much lower housing equity levels, younger homeowners borrow often, and borrow more, than their Boomer parents.</p> <h2>How common is equity borrowing?</h2> <p>Using 15 years of data from the government-funded <a href="https://melbourneinstitute.unimelb.edu.au/hilda">Household, Income and Labour Dynamics in Australia </a>(HILDA) survey, we tracked the mortgage debt and repayments of homeowners aged 35 and over.</p> <p>The chart below shows younger owners are far more likely to engage in equity borrowing.</p> <p>In 2006, nearly 39% of the youngest homeowners, aged 35–44, borrowed against their home equity. By 2021, this number had dropped to 29%. Despite the decline, it’s still 24 percentage points more common than those aged 65 and over. The older group has remained steady at about 5% over the years.</p> <hr /> <p><iframe id="Ll9Cw" class="tc-infographic-datawrapper" style="border: 0;" src="https://datawrapper.dwcdn.net/Ll9Cw/" width="100%" height="400px" frameborder="0" scrolling="no"></iframe></p> <hr /> <h2>How much do equity borrowers withdraw from their home?</h2> <p>Among those who use their home like an ATM, younger borrowers now withdraw larger amounts than older borrowers.</p> <p>In 2006–07, equity borrowers aged 35–44 and 45–54 withdrew on average $43,000 and $57,000, respectively (expressed in real values set at 2022 price levels). By 2021, the amount withdrawn by these two age groups had climbed to $70,000 and $100,000.</p> <p>On the other hand, the amount withdrawn by borrowers aged 55 or older fell from more than $50,000 to less than $40,000.</p> <hr /> <p><iframe id="ujq3S" class="tc-infographic-datawrapper" style="border: 0;" src="https://datawrapper.dwcdn.net/ujq3S/" width="100%" height="400px" frameborder="0" scrolling="no"></iframe></p> <hr /> <h2>What motivates equity borrowing?</h2> <p>Young homeowners’ equity borrowing behaviours are sensitive to changes in house prices and debt values, and their financial risk preferences. Among those aged 35–44, a $10,000 increase in the primary home value raises the likelihood of equity borrowing by ten percentage points.</p> <p>Every $10,000 in debt against the primary home reduces the likelihood by 2.8% percentage points. Those willing to take substantial financial risk are eight percentage points more likely to borrow against their home than those who are risk-averse.</p> <p>Those aged 65+ are not inclined to borrow, and exhibit little change in equity borrowing behaviour with variations in asset, debt, income or financial risk preferences.</p> <h2>Why borrowing practices differ between age groups</h2> <p>As well as being more likely than older homeowners to borrow against equity, the younger group also withdraws higher amounts than their Boomer parents.</p> <p>This is despite younger borrowers already carrying much higher debt against their primary home. Among those in our study who engaged in equity borrowing in 2021, the median debt before borrowing was $401,000 for 35-44 year-olds compared to $0 for those aged 65+.</p> <p>As real house prices have risen over decades, the current generation of young homeowners has had to invest more money into purchasing their first home than previous generations.</p> <p>It’s therefore not surprising the primary home is now widely viewed as a financial resource to be <a href="https://theconversation.com/your-home-as-an-atm-home-equity-a-risky-welfare-tool-22000">tapped into to meet spending needs</a>.</p> <p>On the other hand, most Baby Boomers bought their first home at more affordable prices than their children, and at lower levels of debt. Now they don’t appear to be spending their kids’ inheritance by drawing down housing wealth.</p> <p>In fact, older parents may shy away from equity borrowing to <a href="https://www.pc.gov.au/research/completed/wealth-transfers/wealth-transfers.pdf">bequeath wealth to children</a>. Some also <a href="https://doi.org/10.1017/S0047279417000058">dislike passing debt</a> on to their children.</p> <p>Older people may also avoid equity borrowing due to concerns about <a href="https://treasury.gov.au/sites/default/files/2023-08/p2023-435150.pdf">aged care costs</a>. Some may be hampered by <a href="https://doi.org/10.1016/j.jue.2013.08.003">poor financial literacy</a>.</p> <h2>More debt ahead without policy changes</h2> <p>Present trends suggest young homeowners will remain indebted for longer periods, and more and more will <a href="https://theconversation.com/more-of-us-are-retiring-with-mortgage-debts-the-implications-are-huge-115134">retire with mortgage debt</a>.</p> <p>For indebted retirees, there are real prospects of <a href="https://theconversation.com/fall-in-ageing-australians-home-ownership-rates-looms-as-seismic-shock-for-housing-policy-120651">drawing down of superannuation</a> to pay off mortgages in retirement.</p> <p>This may impose extra burdens on the age pension system. Another unwelcome consequence, which may add to health costs, is the prospect of <a href="https://www.ahuri.edu.au/sites/default/files/migration/documents/AHURI-Final-Report-319-Mortgage-stress-and-precarious-home-ownership-implications-for-older-Australians.pdf">debt-related psychological distress</a> among those who can’t pay off their mortgage in old age.</p> <p>If the current trends continue, the <a href="https://www.afr.com/policy/economy/what-happens-when-australia-s-boomers-hand-5-trillion-to-their-heirs-20240515-p5jdvf">great wealth transfer</a> that has already begun looks set to <a href="https://theconversation.com/not-everyone-wins-from-the-bank-of-mum-and-dad-73842">further entrench inequality</a> between those who have access to the bank of mum and dad and those who do not.</p> <p>Encouraging older people to use their housing equity to fund their needs in old age may lighten fiscal burdens on younger generations. But policy reforms will be needed to relieve concerns about the risks of equity borrowing in old age.<!-- Below is The Conversation's page counter tag. Please DO NOT REMOVE. --><img style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important;" src="https://counter.theconversation.com/content/238924/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" /><!-- End of code. If you don't see any code above, please get new code from the Advanced tab after you click the republish button. The page counter does not collect any personal data. More info: https://theconversation.com/republishing-guidelines --></p> <p><a href="https://theconversation.com/profiles/rachel-ong-viforj-113482"><em>Rachel Ong ViforJ</em></a><em>, ARC Future Fellow &amp; Professor of Economics, <a href="https://theconversation.com/institutions/curtin-university-873">Curtin University</a> and <a href="https://theconversation.com/profiles/christopher-phelps-378137">Christopher Phelps</a>, Research Fellow, School of Accounting, Economics and Finance, <a href="https://theconversation.com/institutions/curtin-university-873">Curtin University</a></em></p> <p><em>Image credits: Shutterstock </em></p> <p><em>This article is republished from <a href="https://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/young-homeowners-are-more-likely-to-use-their-home-as-an-atm-than-their-boomer-parents-heres-why-238924">original article</a>.</em></p> </div>

Money & Banking

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Hero security guard tears up while speaking about girl he saved

<p>Laila Johnson, 11, and her mother Samantha, 34, from Candelo near Bega in regional NSW, were sightseeing in London when the young girl was stabbed in a <a href="https://www.oversixty.com.au/health/caring/11-year-old-australian-girl-identified-as-london-stabbing-victim" target="_blank" rel="noopener">random attack</a> in Leicester Square. </p> <p>Abdullah, a security who was working nearby during the random attack, had jumped into action and saved her life  by holding down the alleged attacker, Ioan Pintaru, until police arrived. </p> <p>On Thursday, Laila and her mum talked about the terrifying incident on <em>Sunrise</em>, and spoke about the incredible bond they had formed with the hero security guard. </p> <p>When shown the clip of Laila and her mum on <em>Sunrise </em>the day after, Abdullah was moved to tears by the heartfelt interview. </p> <p>“I will try to be in contact with them all my life,” Abdullah said, wiping away tears from his eyes.</p> <p>“She is just like my little sister now.”</p> <p>Abdullah was hailed as a hero for his bravery, and recognised at the Pakistan High Commission in London as part of their Independence Day celebrations on the 14th of August. </p> <p>Samantha had told <em>Sunrise</em> that Abdullah “is an absolutely gorgeous human”.</p> <p>“He’s just been checking in on Laila and myself and, yeah, we’ve just been keeping in contact,” she said.</p> <p>“He’s quickly taken Laila in as a little sister, and I think that he will continue to check in on her for a very long time." </p> <p>Pintaru  — a Romanian citizen with no fixed address —  was not asked to enter any pleas and was remanded in custody before his next hearing on September 10.</p> <p>He was charged with attempted murder and possession of a bladed article in a public place.</p> <p><em>Images: Seven</em></p>

Caring

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"Stop the blame game": Kochie slams young Aussie homebuyers

<p>David Koch has called on young Aussies to stop blaming baby boomers for their financial woes in his latest newsletter for finance website Compare The Market. </p> <p>The former <em>Sunrise</em> host and current economic director for the finance company said that young Aussies need to “stop the blame game” in regards to the housing crisis, arguing that baby boomers should be called the "scapegoats" instead. </p> <p>He explained that young homebuyers believe that his generation has “put them on the chopping block” despite the “Bank of Mum and Dad” sitting sixth largest home lenders.</p> <p>“Not enough houses? Boomers are hoarding them. Not enough home units? Boomers throw down cash before first-time buyers can say boo!” he wrote.</p> <p>He said that while he understood that young Aussies are struggling to buy a home, as the median price of one in Australia is currently 14 times the average annual income, in 1990 it was five times the average annual income. </p> <p>“When we bought our homes, prices were more accessible, and while interest rates were sky-high, our wages were aligned with housing costs.”</p> <p>“Housing markets have inflated, wages have stagnated, and opportunities for younger generations are considerably diminished.”</p> <p>He added that government policy is largely to blame for the dire housing situation, and that the rise in property costs was not because they wanted to hang younger Aussies out to dry, but because the economy favoured real estate as a safe, long-term investment. </p> <p>“Governments have simply not planned for either the generational housing change or the big increase in migration to ensure enough properties have been built to meet demand,” he wrote.</p> <p>He then referenced the State of the Housing System report which found that Australia will fall 40,000 units short of its 2029 new home construction target of 1.2m million.</p> <p>Kochie defended the boomers, saying that not many of them could be considered as the "wealthy, elite stereotype we often see in the news”, as many of them had to work hard to become a homeowner. </p> <p>“It's essential to recognise this diversity and avoid vilifying the entire generation,” he wrote.</p> <p>Kochie called on young Australians to "stop the blame game" and instead of "pointing fingers" they should focus on  “how we can work together” to make housing affordable again. </p> <p>“A bit of compassion and creative thinking could go a long way. Otherwise, the scapegoats and sacrificial lambs of the world will continue their bleating,” he wrote.</p> <p><em>Images: Realestate.com.au</em></p>

Money & Banking

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Young woman praised for "speaking the truth" about Australia's history

<p>A young Aussie woman has gone viral on TikTok after sharing the "hard truths" about the country's history. </p> <p>The unidentified woman was quizzed on facts about her home country by content creator Surgen TV, who stopped her while she was walking down a street in London. </p> <p>She nailed a series of "true or false" questions, and when asked to share something that most people don't know about Australia, her "eloquent" left many Aussies proud. </p> <p>While she initially shared some facts about the "Great Emu War" - which occurred in 1932, when soldiers were armed with machine guns in WA to battle huge flocks of emus in a bid to stop them destroying crops - it was the second fact she shared that got people's attention. </p> <p>“The Indigenous population of Australia actually only makes up 3 per cent of the total population, that’s because of colonisation and ‘The Stolen Generation’,” she shared. </p> <p>She then went on to explain that it referred to a period in Australian history where Aboriginal children were removed from their families through government policies. </p> <p>“British and European colonisers wanted to ‘breed out’ the Indigenous culture, and basically would start trying to make mixed-race babies so they could eventually wean out the Indigenous population,” she explained.</p> <p>“It was a very cruel time in Australia, a very bad part of our history," she added, referencing the shameful historic event that occurred  between 1910 and the 1970s and also affected Torres Strait Islander families.</p> <div class="embed" style="box-sizing: inherit; margin: 0px; padding: 0px; border: 0px; font-size: 16px; vertical-align: baseline; color: #323338; font-family: Figtree, Roboto, 'Noto Sans Hebrew', 'Noto Kufi Arabic', 'Noto Sans JP', sans-serif; background-color: #ffffff; outline: none !important;"><iframe class="embedly-embed" style="box-sizing: inherit; margin: 0px; padding: 0px; border-width: 0px; border-style: initial; vertical-align: baseline; width: 567px; max-width: 100%; outline: none !important;" title="tiktok embed" src="https://cdn.embedly.com/widgets/media.html?src=https%3A%2F%2Fwww.tiktok.com%2Fembed%2Fv2%2F7403055715738275105&amp;display_name=tiktok&amp;url=https%3A%2F%2Fwww.tiktok.com%2F%40surgentv%2Fvideo%2F7403055715738275105&amp;image=https%3A%2F%2Fp16-sign-useast2a.tiktokcdn.com%2Fobj%2Ftos-useast2a-p-0037-euttp%2F264c1403859149ada045f8a67b39f02d_1723658241%3Flk3s%3Db59d6b55%26x-expires%3D1724155200%26x-signature%3DYT6AZq2dtbZnpwrrXok7hry4Yps%253D&amp;key=5b465a7e134d4f09b4e6901220de11f0&amp;type=text%2Fhtml&amp;schema=tiktok" width="340" height="700" frameborder="0" scrolling="no" allowfullscreen="allowfullscreen"></iframe></div> <p><span style="color: #323338; font-family: Figtree, Roboto, 'Noto Sans Hebrew', 'Noto Kufi Arabic', 'Noto Sans JP', sans-serif; font-size: 16px; background-color: #ffffff;"> </span></p> <p>Many were quick to praise the woman, with First Nations people applauding her for  “talking about our history in such a respectful way and with a caring tone”. </p> <p>“Indigenous Australian here, we love sis and appreciate her and her voice,” one commented.</p> <p>“Well done. For speaking the truth,” another shared.</p> <p>"Using her voice right," a third wrote. </p> <p>“I can’t completely describe how relieved I am to hear this nuanced response from a young Australian,” added another. </p> <p>“Well said young lady, well put ... you make me proud to be an Australian,” added another.</p> <p>Others were impressed by how "articulate" she was, with some Aussies admitting they'd never even heard of the Emu War. </p> <p>“Am I the only one who just got schooled on the Emu War," wrote one. </p> <p>“She’s beautiful, smart, and respectful,” added another. </p> <p>The video has gained almost 800,000 views since it was shared on Saturday, with over 81,000 likes.</p> <p><em>Images: TikTok</em></p>

International Travel

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Young Aussie medallist's sweet plane gesture

<p>Australian gold medallist Arisa Trew has warmed hearts after sharing her sweet gesture on the plane back from Paris. </p> <p>Trew became the youngest Australian to ever win a gold medal at the Paris games after emerging victorious in the skateboarding competition, capturing the hearts of Australia with her incredible performance. </p> <p>Trew was one of dozens of Aussies who <a href="https://oversixty.com.au/travel/international-travel/just-magical-aussie-olympians-return-home-in-triumph" target="_blank" rel="noopener">flew back</a> from Paris on Wednesday morning, and explained why she was quick to give up her business class seat as a medallist. </p> <p><em>Sunrise</em> host Matt Shirvington said there was a pecking order to the seat allocation on the Qantas plane, explaining, “Apparently, the breakdown is the medallists get first pick of business class, then the two-time Olympians or more get a shot at premium economy, and the rest are out the back of the plane.”</p> <p>By winning gold, Trew was allowed to be in the expensive business class seats, but she told the Jase & Lauren radio show on Nova radio that she had other plans for the lengthy flight.</p> <p>“Where did you get to sit on the plane? Because you’re a gold medallist, you’re 14 years old. Were you right up the front?” Lauren Phillips asked Trew.</p> <p>Trew’s reply stunned the radio hosts, as she admitted, “I mean, I could have been sitting in business with all the medallists, but instead I chose to sit in economy with my two best friends, Chloe and Ruby.”</p> <p>Those friends are fellow skateboarders Chloe Covell and Ruby Trew who both missed out on medals, hence their seats “out the back”.</p> <p>“You’re the cutest thing ever. We couldn’t love you anymore,” Phillips said.</p> <p>“So Arisa, does that mean you got to give someone your gold medal business class seat?”</p> <p>Trew replied, “I’m pretty sure somebody else got it because me and my friends were walking around the plane, and we went up there, and it was all full. So I definitely think somebody else was sitting there but I don’t mind.”</p> <p>Trew also revealed she was heading straight back to school after touching down in Australia and would be there bright and early on Thursday.</p> <p>“I’m gonna go back. I just love going to school, because it’s the skate park where I go to school,” she said.</p> <p>“So I get to see all my friends that skate, that I skate with every day and train with, my coaches, the teachers. Like, it’s just the best thing in the world.”</p> <p><em>Image credits: Ulrik Pedersen/CSM/Shutterstock Editorial </em></p>

International Travel

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11-year-old Australian girl identified as London stabbing victim

<p>The Department of Foreign Affairs and Trade (DFAT) has confirmed that the 11-year-old girl stabbed in Leicester Square in London on Monday is Australian.</p> <p>“Owing to our privacy obligations we cannot provide further comment,” a DFAT spokesperson said.</p> <p>The girl's mother, 34, was initially believed to have also been hurt, but UK police have confirmed that blood from her daughter's injuries had been mistaken for injuries of her own. </p> <p>The young girl was taken to hospital with serious but not life threatening injuries to the face, shoulder, wrist and neck area, and will require plastic surgery for the injuries she sustained. </p> <p>The DFAT are providing consular assistance to the pair reportedly from NSW, according to the <em>ABC</em>. </p> <p>A 32-year-old man, Ioan Pintaru, was arrested and appeared in court on Tuesday charged with the attempted murder. </p> <p>The girl and her mother were visiting the busy tourist area at the time of the random attack. </p> <p>Pintaru is a Romanian citizen with no fixed address, and spoke through a translator during the court hearing. </p> <p>Prosecutor David Burns told the court: "the defendant has approached the 11-year-old girl, placed her into a headlock and he has then stabbed her eight times to the body." </p> <p>Pintaru was detained by members of the public and allegedly found with a steak knife. </p> <p>Abdullah, a security who was working nearby during the random attack said he “heard a scream” before tackling the alleged offender to the ground.</p> <p>“I just saw a kid getting stabbed and I just tried to save her. It’s my duty to just save them,” he told the <em>Press Association</em>.</p> <p>“I jumped on him, held the hand in which he was [carrying] a knife, and just put him down on the floor and just held him and took the knife away from him.”</p> <p>He performed CPR on the child before emergency services arrived at the scene. </p> <p>Police have said that Pintaru did not know the girl or her mother and do not believe the stabbing was terror-related. </p> <p>Pintaru was remanded in custody and is due to appear in court again on September 10. </p> <p><em>Images: 9News</em></p>

Caring

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Teenager charged with murdering school girls at dance class identified

<p dir="ltr">A court in the UK has identified the 17-year-old boy accused of going on a stabbing rampage at a <a href="https://oversixty.com.au/health/caring/taylor-swift-in-shock-after-three-young-girls-killed-at-dance-class" target="_blank" rel="noopener">dance class </a>and killing three young girls. </p> <p dir="ltr">The court released the information on Axel Muganwa Rudakubana, a 17-year-old born in Cardiff, in order to stem the flow of misinformation about the suspect that ignited riots around the UK. </p> <p dir="ltr">The court said that while Rudakubana would not normally have been publicly named due to the fact that he is still a minor, they made an exception to quash the riots, while also taking into account that he is just days away from his 18th birthday. </p> <p dir="ltr">Unrest has been seen outside mosques as protesters target Muslims in the wake of the tragedy, causing police to again confirm that the teen was born in the UK. </p> <p dir="ltr">Police said his family are of Rwandan descent where 92 per cent of people identify as Christian, while only 2 per cent of Rwandans are Muslim.</p> <p dir="ltr">The horror began at a Taylor Swift-themed dance class on Monday in Southport, just north of Liverpool in England’s north west, when Rudakubana targeted the young girls and their families. </p> <p>Bebe King, six, Elsie Dot Stancombe, seven, and nine-year-old Alice Dasilva Aguiar died after the knife rampage, while eight other children suffered stab wounds and five were in fighting for their life, alongside two adults who were critically injured.</p> <p>Following the tragedy, large crowds fought with police in the town close to where the tragedy had happened including outside a mosque after false reports emerged that the attacker was Muslim. </p> <p>Rudakubana, who was born in Cardiff in Wales but lived in the town of Banks in Lancashire, close to Southport, has been charged with 10 counts of attempted murder and a knife possession charged.</p> <p><em>Image credits: Merseyside Police</em></p>

Legal

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Grandmother's plea after tragic fatal school excursion

<p>A 13-year-old girl from New Zealand has tragically died after sustaining an “unsurvivable head injury” during a school excursion to an ice skating rink.</p> <p>Kymani was rushed from Alpine Ice Sports Centre to Christchurch Hospital in a critical condition on Tuesday morning, after falling while skating with her classmates. </p> <p>Following her sudden death, the young girl's grandmother created an online <a href="https://givealittle.co.nz/cause/ice-skating-school-trip-unexpected-tragedy" target="_blank" rel="noopener">fundraiser</a>, where she explained, “Sadly while on a school excursion Kymani fell, sustaining an unsurvivable head injury.”</p> <p>“This is a parent’s worst nightmare — sending your child to school and to never return home,” Kymani’s family said.</p> <p>“Her parents, brothers, sisters and whanau are devastated. Kymani was a beautiful girl, only 13 years old."</p> <p>“As this is an unexpected tragedy, any funds would be gratefully appreciated and will go towards preparing for what comes next.”</p> <p>"Aroha nui Hiley-Hetaraka whanau (Much love to the Hiley-Hethara family)."</p> <p>The skating rink was closed on Tuesday, as spokesperson said the staff’s “thoughts are with the family at this time”.</p> <p>The Ministry of Education also released a statement, which read, “We are deeply saddened by the tragic news and our thoughts are with the family and school community. Our traumatic incident team is available to support the school for as long as needed.”</p> <p>WorkSafe NZ is looking into the incident.</p> <p><em>Image credits: givealittle.co.nz</em></p>

Caring

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Taylor Swift in shock after three young girls killed at dance class

<p>Taylor Swift has released a shocked statement after a nine-year-old girl became the third young child to die following a stabbing rampage at a Taylor Swift-themed dance class in the UK.</p> <p>The tragic incident unfolded in Southport on Monday during a dance workshop inspired by the popular singer, <span style="font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;">leaving three young girls dead and ten others injured</span><span style="font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen, Ubuntu, Cantarell, 'Open Sans', 'Helvetica Neue', sans-serif;">.</span></p> <p>As the nine-year-old girl became the latest to succumb to injuries, she joined two other victims aged six and seven. They have been identified as Alice Dasilva Aguiar, 9, Elsie Dot Stancombe, 7, and Bebe King, 6.</p> <p>The perpetrator, a 17-year-old boy, has been arrested on suspicion of murder and attempted murder. Authorities are still investigating the motive behind this horrific attack, which left six children in critical condition.</p> <p>On Tuesday, Taylor Swift expressed her deep sorrow and shock over the incident in a statement posted on Instagram, saying she was “completely in shock” and was still taking in “the horror” of the event.</p> <p>“The loss of life and innocence, and the horrendous trauma inflicted on everyone who was there, the families, and first responders,” she wrote “These were just little kids at a dance class.</p> <p>“I am at a complete loss for how to ever convey my sympathies to these families.”</p> <p>Merseyside Police Chief Constable Serena Kennedy commended the bravery of two teachers who were injured while trying to protect the children. The community has responded with an outpouring of grief, leaving flowers and stuffed animals at a makeshift memorial near the scene.</p> <p>Eyewitnesses described chaotic and terrifying scenes as children, some covered in blood, fled the community centre known as the Hart Space. "They were in the road, running from the nursery," said local shop owner Bare Varathan, describing the severity of the injuries.</p> <p>The attacker, who was born in Cardiff, Wales, and had been living in a nearby village, has not yet been charged. Police have confirmed that they are not treating the incident as terror-related and are not seeking additional suspects.</p> <p>The attack has intensified concerns about knife crime in the UK, prompting calls for stricter regulations on bladed weapons. Prime Minister Keir Starmer described the attack as "horrendous and deeply shocking", while King Charles and Prince William expressed their condolences and sympathies.</p> <p><em>Images: Merseyside Police \ Instagram</em></p>

Caring

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Young Aussies hit back at Steve Price for calling them "lazy"

<p>Young Aussies have hit back at Steve Price after being criticised as lazy by the broadcaster. </p> <p>Prince unleashed at younger generations on <em>The Project</em> while they were discussing the campaign for more leave initiated by the Shop, Distributive and Allied Employees Association, which is pushing to increase annual leave to five weeks a year. </p> <p>The union hopes to ease burnout in employees, and Price was not impressed with the calls for extra leave. </p> <p>"We're trying to get productivity up in this country," he said.</p> <p>"So we've got people refusing to go back to the office, working from home in barely washed tracksuit tops and bottoms, three days a week. </p> <p>"And now they want five weeks holiday."</p> <p>Georgie Tunny, a millennial, hit back at the boomer by arguing that the "work culture" has changed, especially among those new to the workforce. </p> <p>"Especially for the younger generations, they see work completely differently," she said.</p> <p>Price interrupted her saying that young Aussies just did not want to "work very hard", to which Tunny replied: "There's been a death of your job as your identity or career."</p> <p>Social media users were quick to back Tunny, and took aim at Price. </p> <p>"Where's the incentive for young people to work hard when working hard won't buy you a house or even afford you basic veggies," one said. </p> <p>"You get what you pay for, and it's not worth it to work hard. There's literally no benefit to working as hard as you can," another added. </p> <p>"When you're priced out of the market, priced out of holidays and priced out of necessities, what motivation is there to care or be productive," another added. </p> <p>Others suggested that employers should "increase wages and introduce bonuses as incentives," to encourage their staff to work harder. </p> <p>"Nobody is interested in working themselves to death for scraps," one person said. </p> <p>"I don't want to work very hard for CEOs to make millions while I'm barley able to afford bread," another said. </p> <p>"Our generation is just sick of working hard to have all the higher ups take the credit and the bag. We know what we're worth," a third added. </p> <p>A recent Productivity Commission report found that Aussies born after 1990 are finding more difficult than previous generations to move up the financial ladder. </p> <p>The report also found that young Aussies are increasingly earning less than their parents did at the same age, with the global financial crisis partially to blame for the weak income growth. </p> <p><em>Images: The Project</em></p>

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