Placeholder Content Image

Deborah Knight leaving 2GB for major role with Nine

<p>Veteran journalist Deborah Knight is making a full-time return to television, stepping down from her top-rating radio show Money News on 2GB to take on a major role at the Nine Network.</p> <p>Knight, 52, will anchor the national 9News Morning bulletin at 11.30am on weekdays and will also front the Sydney edition of 9News Afternoon, cementing her as a key face in Nine’s daytime news coverage.</p> <p>Currently hosting <em>A Current Affair</em> on Saturday nights, Knight will continue that role alongside her expanded responsibilities.</p> <p>“I’m incredibly excited to be stepping back into a full-time television role with 9News and Current Affairs,” she said. “It’s a fantastic opportunity to be part of the daily news cycle and connect with viewers during these important bulletins.”</p> <p>Knight also expressed gratitude to her Money News listeners, saying, “I’ve thoroughly enjoyed my time in radio… and I’m grateful for the wonderful listeners who tuned in.”</p> <p>Her final Money News broadcast will be on July 3, with her successor yet to be announced.</p> <p>Knight’s appointment brings stability to the morning and afternoon bulletins, which have recently featured a rotating roster of presenters including Kate Creedon, Sophie Walsh, Mark Burrows and Lizzie Pearl.</p> <p>Her broadcast career began at the ABC before moving to Network Ten, where she served as US correspondent. Knight joined the Nine Network in 2011 and has since held several prominent roles, including a controversial 2019 stint as <em>Today</em> co-host alongside Georgie Gardner, following Karl Stefanovic’s temporary departure.</p> <p>She replaced Steve Price on 2GB Afternoons in 2020 and went on to host Money News in early 2023, taking over from Brooke Corte.</p> <p>Knight’s full-time return to TV marks a new chapter in her versatile and enduring media career.</p> <p><em>Images: Instagram</em></p>

TV

Placeholder Content Image

"Bring back The Project!": Viewers divided over new Channel 10 show

<p>Just weeks after Channel 10 confirmed the shock axing of <em>The Project</em>, its replacement show <em>10 News+</em> made its prime-time debut – and reactions have been anything but quiet.</p> <p>The new current affairs program, hosted by seasoned journalists Amelia Brace and Denham Hitchcock, launched Monday night with bold promises and a serious tone, setting itself apart from its long-running predecessor.</p> <p>“Firstly, we’re not here to tell you what to think. We’re not here to scare or depress you,” Hitchcock told viewers in the show’s opening minutes. “We will give you facts, information you can trust, the truth,” Brace added, outlining the show’s mission for “digging deeper with investigations and original reporting you won’t see anywhere else”.</p> <p>Despite landing a world-exclusive with convicted drug smuggler Debbie Voulgaris – speaking from a prison cell in Taiwan – and featuring an interview with Prime Minister Anthony Albanese, the show failed to win over many of <em>The Project</em>’s former fans.</p> <p>“Seriously Channel 10!” one viewer wrote on social media. “There’s enough depressing news already out there and now you’ve brought it to us at 6pm! Bring back The Project.”</p> <p>Another slammed the show as “A Current Affair, yawn!” while one frustrated viewer branded it “a SNOOZE FEST of a show with NO SOUL”, accusing the network of underestimating its audience.</p> <p>“Cut and paste of Channel 9’s A Current Affair. Not interested. Already changed channel,” another viewer declared.</p> <p>The comparisons to <em>A Current Affair</em> – and the shift in tone from <em>The Project</em>’s lighter, panel-style format – were a recurring theme in the online backlash.</p> <p>“Genuine feedback and not at all a criticism of the hosts,” one person commented, “but this show is so vastly different from The Project and more like A Current Affair. It’s not unique... Was it just a cost-cutting measure all along?”</p> <p>Others went even further, suggesting the show might not last the year. “Give it a month,” one viewer said. Another quipped, “Are the hosts AI-generated?”</p> <p>Still, <em>10 News+</em> wasn’t without its defenders. Some viewers praised the show’s content and approach.</p> <p>“Loving @10NewsPlus – strong launch story. Is this the new Schapelle Corby story we all need to know about?” one user posted on X (formerly Twitter). “10 News should be very proud.”</p> <p>“I liked 10 News+. It was very interesting and I liked the interview with the astronaut,” another added.</p> <p>For now, Channel 10 is betting on its revamped format to reinvigorate its 6pm slot. Whether audiences warm to the serious tone – or keep demanding the return of <em>The Project</em> – remains to be seen.</p> <p><em>Images: Network 10</em></p>

TV

Placeholder Content Image

Channel 7's "most beautiful woman alive" shares happy news

<p>There’s a new reason to celebrate in the Smith-Ballin household – Channel 7 sports presenter Alissa Smith and her husband, former NRL star Matt Ballin, are expecting their first child together!</p> <p>The couple, who tied the knot in October last year, shared their exciting news with fans this week, revealing their little one is due in November – just in time to mark their first wedding anniversary.</p> <p>“We are both extremely excited to share that our family tree will be growing a new branch this November!” the couple wrote in a joyful Instagram post.</p> <p>The announcement follows a heartfelt Mother’s Day tribute from Ballin, who praised Smith for the love and care she shows to his three children from a previous relationship.</p> <p>“You have been a positive and loving part of their lives for a long time now,” he wrote. “The love, care, energy and commitment you show towards their lives displays the beautiful person that you are. We are lucky to have you in our lives.”</p> <p>Smith, who joined 7NEWS in Brisbane as a sports reporter and presenter in 2023, has been a familiar face to viewers across the country, while Ballin – best known for his premiership-winning career with the Manly Sea Eagles – retired from the NRL in 2017 before stepping into coaching. When asked about how Ballin met Smith, the former NRL star told the <a href="https://www.couriermail.com.au/lifestyle/qweekend/the-most-beautiful-woman-alive-broncos-coach-marries-tv-bride-at-starstudded-wedding/news-story/b2624f6ecee96d55ae399d471a52237a" target="_blank" rel="noopener">Courier Mail </a>that he saw Alissa for the first time in 2019 at Fox Sports studio.</p> <p>'When I saw her I thought, "She’s the most beautiful woman alive,"' he said. Now an assistant coach with the Brisbane Broncos, the 41-year-old is preparing for a very different kind of team addition.</p> <p><em>Images: Instagram</em></p>

Family & Pets

Placeholder Content Image

Channel 9 looking to hold onto Karl with huge new deal

<p>Karl Stefanovic is reportedly on the verge of securing a staggering $3 million-a-year contract, even as Nine Entertainment embarks on a major cost-cutting drive and other broadcasters tighten their belts.</p> <p>According to <a href="https://www.theaustralian.com.au/business/media/media-diary-karl-stefanovic-poised-to-cash-in-on-new-multimilliondollar-deal-at-nine/news-story/a333bb751d5f9fd5665f72ffbc3f2266" target="_blank" rel="noopener"><em>The Australian</em></a>, the 50-year-old <em>Today</em> host is negotiating a new multi-year deal that would see his salary climb from his already impressive $2.8 million agreement signed in 2022. Network executives are said to be eager to keep Stefanovic, with reports suggesting he was prepared to walk if offered a lesser sum.</p> <p>The proposed pay rise comes at a time when Nine has signalled a need to slash $100 million in costs by 2027 as part of its “strategic and cultural transformation”. The broadcaster has already undergone significant restructuring, letting go up to 200 staff last year, mainly from its print divisions, after Meta abandoned commercial arrangements with Australian news outlets. Additional changes included axing Nine Darwin’s local bulletin, scaling back the Gold Coast bulletin, and scrapping long-running shows like <em>Millionaire Hot Seat</em>, <em>Australian Ninja Warrior</em>, and <em>My Mum, Your Dad</em>.</p> <p>The network’s willingness to retain its marquee star at a premium stands in stark contrast to reports of salary cuts for other high-profile figures. Veteran journalist Liz Hayes was rumoured to be among those facing a pay cut before her departure from Nine earlier this year after a 44-year tenure.</p> <p>Meanwhile, over at Channel 7, <em>Sunrise</em> hosts Natalie Barr and Matt Shirvington are believed to earn significantly less than Stefanovic, with salaries said to be around $1 million each, despite <em>Sunrise</em> continuing to dominate the breakfast TV ratings.</p> <p>It’s not just Nine grappling with challenges. The broader broadcasting industry is facing turbulence amid a soft economy and shifting viewer habits. Ten recently announced it will axe <em>The Project</em> after almost 16 years and more than 4,500 episodes, with the final show airing Friday, June 27. The move is part of a broader shake-up that will see <em>Deal or No Deal</em> take the 7pm slot and a new national one-hour news and current affairs program launch at 6pm.</p> <p>As Australian networks navigate the pressures of a changing media landscape, Stefanovic’s rumoured bumper pay rise is sure to spark debate about the future of big-ticket broadcast salaries.</p> <p><em>Images: Instagram</em></p>

TV

Placeholder Content Image

"Three months to live": Channel 10 star shares emotional battle with incurable cancer

<p>Channel 10 presenter Barry Du Bois has opened up in a raw and heartbreaking letter about his ongoing battle with cancer, revealing the devastating moment he was told he had just months to live.</p> <p>In a deeply personal essay for <a href="https://www.goldcoastbulletin.com.au/entertainment/celebrity-life/channel-10-star-barry-du-bois-reveals-harrowing-moment-he-was-given-three-months-to-live/news-story/20a2e0a910358c1861d2c4d23c8cd617" target="_blank" rel="noopener">The Gold Coast Bulletin</a>, the father of two recalled the chilling day a doctor delivered a prognosis that shattered his world: “I had three months to live.”</p> <p>“I was sitting in a cold, unfamiliar consult room at the hospital, my wife’s hand holding mine … then a doctor who had known me for only a few hours looked me in the eye and told me I had three months to live,” Du Bois wrote.</p> <p>Du Bois was first diagnosed in 2010 with solitary plasmacytoma, a rare and aggressive form of blood cancer. While he survived that initial battle, the disease returned in 2017 – this time as multiple myeloma, an incurable cancer that attacks the immune system and bone marrow.</p> <p>Since then, the 63-year-old <em>Living Room</em> star has fought on, defying the odds with remarkable strength and grace. But as he revealed in the letter, his path has been anything but easy.</p> <p>His strength, he said, was forged through years of pain: breaking his back in a 14-metre fall, a gruelling and heartbreaking IVF journey with his wife Leonie that ended in miscarriage, and her own cervical cancer diagnosis just weeks later.</p> <p>“When I got my diagnosis – incurable cancer, three months to live – I didn’t fall apart,” he wrote. “I knew that from leaning into the previous adversities of life I had the resilience to give the fight of my life.”</p> <p>Still, Du Bois admitted there was a time he came perilously close to giving up. After Leonie’s miscarriage and illness, the darkness nearly swallowed him. “I avoided conversation and started a continual negative conversation with myself that took me into the darkness … depression is a lonely state and I refused to share my pain. I saw it as a weakness.”</p> <p>In the end, it was his family that pulled him back and helped him find purpose again. Since then, Du Bois has become a powerful voice for others fighting chronic illness and mental health struggles, using his platform to share candid updates on life, treatment and the importance of hope.</p> <p>“I was overwhelmed with fear, uncertainty and the unknown,” he said of that early diagnosis. “But through it all, I realised something that I feel is why I am here today: It wasn’t going to be cancer that defined me but the way I choose to approach it.”</p> <p>From his early TV days on <em>The Renovators</em> in 2011 to his long-running role on <em>The Living Room</em> alongside Amanda Keller, Miguel Maestre and Dr Chris Brown, Du Bois has become a familiar and much-loved face on Australian screens. But behind the smiles and strength lies a story of extraordinary pain and courage.</p> <p>His fight continues. And so too does his mission: to live fully, love deeply, and face each day not with fear, but with determination.</p> <p><em>Images: Instagram</em></p>

Caring

Placeholder Content Image

"Bloodbath": Mass defection at Channel 7 as top reporters jump ship

<p>Channel 7 is facing a growing crisis, with three of its prominent journalists abruptly resigning to join rival Network 10 in what’s being dubbed a “bloodbath” in the newsroom.</p> <p>Senior 7News Sydney reporter Bill Hogan, seasoned foreign correspondent Amelia Brace, and Denham Hitchcock – a key figure in the network’s flagship current affairs show <em>Spotlight</em> – have all defected, according to <em>The Australian</em>. The trio will join a new long-form investigative unit at Network 10, led by head of broadcast news Martin White.</p> <p>Brace and Hitchcock reportedly began their new roles on Monday, leaving Seven’s Martin Place offices just hours after resigning. Hogan is expected to follow suit after completing a three-week notice period.</p> <p>Network 10, owned by US media giant Paramount since 2017, is bolstering its news division with a renewed focus on in-depth investigative reporting. The initiative is seen as an effort to compete with established programs such as the ABC’s <em>Four Corners</em>, Nine’s <em>60 Minutes</em> and Channel 7’s own <em>Spotlight</em>.</p> <p>Brace, whose new role comes with a reported $270,000 salary – a $50,000 jump from her Seven pay – bid farewell to colleagues last Friday with a candid message.</p> <p>“It feels off to not have an official ‘last day’ to say goodbye,” she said, “but it’s best for me to just fade away for now. Stand up for yourselves, and each other… and think of me every time you have to find a f**king case study.”</p> <p>Hitchcock’s move adds another layer of drama. Having returned to <em>Spotlight</em> in February after a sabbatical spent sailing with his family, he now departs again – this time for what he calls a full-circle moment. His father once worked at Channel 10, and Hitchcock shared his enthusiasm in a social media post.</p> <p>“Well, here we go. I’ve switched channels,” he wrote. “But also in a way – I’ve come full circle. I grew up watching my father on Channel 10 News every night. I had a bunk bed with Eyewitness News stickers all over it – and can still sing the theme song.”</p> <p>As the talent exodus accelerates, questions are mounting about the future of Seven’s news strategy – and whether the network can stem the flow of high-profile losses.</p> <p><em>Images: Instagram, Network 10</em></p>

TV

Placeholder Content Image

From tragedy to joy: Channel 9 star shares baby news

<p>In a beautiful announcement that has touched hearts across the country, 9News Perth presenter Tracy Vo has shared the joyful news that she and husband Liam Connolly are expecting a baby girl – their rainbow baby – due on October 7.</p> <p>The couple’s exciting news comes just months after they experienced the devastating loss of their son, James, when Vo was five months pregnant in 2024. Now, the couple is embracing hope and healing with the anticipation of a new chapter in their lives.</p> <p>“We had some extra baggage during our Vietnam adventure,” Vo shared on Instagram, accompanied by a radiant photo. “Our rainbow baby is due in Spring 🌈 We can’t wait to meet our baby girl and Sophia is excited to be a big sister. We know our boy James is looking after his little sister already 🤍.”</p> <blockquote class="instagram-media" style="background: #FFF; border: 0; border-radius: 3px; box-shadow: 0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width: 540px; min-width: 326px; padding: 0; width: calc(100% - 2px);" data-instgrm-captioned="" data-instgrm-permalink="https://www.instagram.com/p/DKQjHGYTHqE/?utm_source=ig_embed&utm_campaign=loading" data-instgrm-version="14"> <div style="padding: 16px;"> <div style="display: flex; flex-direction: row; align-items: center;"> <div style="background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 40px; margin-right: 14px; width: 40px;"> </div> <div style="display: flex; flex-direction: column; flex-grow: 1; justify-content: center;"> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 100px;"> </div> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 60px;"> </div> </div> </div> <div style="padding: 19% 0;"> </div> <div style="display: block; height: 50px; margin: 0 auto 12px; width: 50px;"> </div> <div style="padding-top: 8px;"> <div style="color: #3897f0; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: 550; line-height: 18px;">View this post on Instagram</div> </div> <div style="padding: 12.5% 0;"> </div> <div style="display: flex; flex-direction: row; margin-bottom: 14px; align-items: center;"> <div> <div style="background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(0px) translateY(7px);"> </div> <div style="background-color: #f4f4f4; height: 12.5px; transform: rotate(-45deg) translateX(3px) translateY(1px); width: 12.5px; flex-grow: 0; margin-right: 14px; margin-left: 2px;"> </div> <div style="background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(9px) translateY(-18px);"> </div> </div> <div style="margin-left: 8px;"> <div style="background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 20px; width: 20px;"> </div> <div style="width: 0; height: 0; border-top: 2px solid transparent; border-left: 6px solid #f4f4f4; border-bottom: 2px solid transparent; transform: translateX(16px) translateY(-4px) rotate(30deg);"> </div> </div> <div style="margin-left: auto;"> <div style="width: 0px; border-top: 8px solid #F4F4F4; border-right: 8px solid transparent; transform: translateY(16px);"> </div> <div style="background-color: #f4f4f4; flex-grow: 0; height: 12px; width: 16px; transform: translateY(-4px);"> </div> <div style="width: 0; height: 0; border-top: 8px solid #F4F4F4; border-left: 8px solid transparent; transform: translateY(-4px) translateX(8px);"> </div> </div> </div> <div style="display: flex; flex-direction: column; flex-grow: 1; justify-content: center; margin-bottom: 24px;"> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 224px;"> </div> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 144px;"> </div> </div> <p style="color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; line-height: 17px; margin-bottom: 0; margin-top: 8px; overflow: hidden; padding: 8px 0 7px; text-align: center; text-overflow: ellipsis; white-space: nowrap;"><a style="color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: normal; line-height: 17px; text-decoration: none;" href="https://www.instagram.com/p/DKQjHGYTHqE/?utm_source=ig_embed&utm_campaign=loading" target="_blank" rel="noopener">A post shared by Tracy Vo (@tracy_vo)</a></p> </div> </blockquote> <p>The due date carries a special significance – October 7 marks Tracy and Liam’s second wedding anniversary. “We were like, ‘Oh, well, it’s meant to be!’” she <a href="https://honey.nine.com.au/parenting/irena-gilbert-pregnancy-after-loss-no-one-tells-you-experience-rainbow-baby-anxiety-regret/6a00d6cd-32a8-47fd-82ff-9c414a1bfe47" target="_blank" rel="noopener">told 9News</a>.</p> <p>Vo, 41, opened up about the complex emotions that come with expecting after loss, describing their journey as “cautiously excited”. She and Liam waited until 21 weeks to share the news with loved ones, choosing to keep it close as they processed both hope and anxiety.</p> <p>“I think as the months go on it becomes more real and a step closer to having our little girl in our arms,” she said. “We’re just counting down those weeks.”</p> <p>Tracy says the experience has brought her and Liam even closer, strengthening their marriage through shared grief, healing and unwavering support.</p> <p>“I’m very grateful that Liam was a huge support,” she said. “We also had a great support network as well – our family, our friends.”</p> <p>The couple gently shared the happy news with Connolly’s six-year-old daughter, Sophia, by giving her a teddy bear that revealed the baby’s gender. Now eagerly preparing to be a big sister, Sophia is joining the family in their excitement.</p> <p>As for pregnancy cravings? “Cookies and ice cream,” Tracy revealed. “And then oranges. I’m just loving oranges. I could just eat oranges all day!”</p> <p>Vo hopes their story brings comfort and encouragement to others who have experienced pregnancy loss. Since sharing her journey, she has received messages from people with similar stories – all bound by strength.</p> <p>“Hopefully it just spreads the hope and the love for people out there,” Vo said.</p> <p><em>Images: Instagram</em></p>

Family & Pets

Placeholder Content Image

Major bank announces huge home loan rate cut

<p>The Commonwealth Bank of Australia (CBA) will reduce its fixed-rate home loans by up to 0.40 percentage points across all terms starting Friday, following a 0.25 percentage point cut to its variable rate in response to the Reserve Bank of Australia’s (RBA) recent cash rate reduction.</p> <p>The new rates will see CBA’s lowest fixed offering set at 5.49% for a three-year term. Despite the move, experts say the cuts are unlikely to spark a surge in homeowners locking in their mortgages.</p> <p>Sally Tindall, data insights director at Canstar.com.au, said the rate adjustments bring CBA closer to its major bank competitors but aren’t enough to significantly shift consumer behaviour.</p> <p>“CBA’s fixed rate cuts aren’t groundbreaking, but rather a bid to inch closer to its key competitors,” Tindall said. “Fixed rates have been falling fairly consistently this year, and we expect this activity will continue as banks price in the increasing likelihood of further cash rate cuts.”</p> <p>While CBA’s new rates mark progress, rivals remain more competitive. ANZ holds the lowest one- and two-year fixed rates among the big four banks, while National Australia Bank (NAB) continues to offer the most attractive three-, four-, and five-year fixed terms.</p> <p>Tindall also noted that with only a slim margin – just 0.10 percentage points – between current fixed and variable rates, many borrowers will likely hold off from locking in.</p> <p>“With the possibility of further RBA cuts ramping up, it’s hard to see many people jumping at the chance to lock up their mortgage for the next three years,” she said. “The majors might have to offer a fixed rate in the ‘4’s’ if they’re serious about getting people to lock in.”</p> <p>Canstar’s latest data shows a flurry of activity across the lending sector since the RBA’s decision. Twenty lenders have reduced at least one fixed rate this month, and five major lenders, excluding CBA, have already made cuts.</p> <p>Among them, BOQ, Community First Bank, Police Bank and Queensland Country Bank now offer at least one fixed rate below 5%, setting the benchmark at 4.99%.</p> <p>Tindall urged borrowers to carefully consider their financial situation and risk appetite when deciding between fixed and variable rates. “If you’re deciding between a fixed or variable rate, understand what might suit your finances and, to some extent, your personality. When you make a decision, take the time to look for a competitive rate,” she said.</p> <p>While the trend suggests fixed rates will continue to fall, CBA's latest move clearly shows the intense competition in the home loan market – one that still leaves many Australians hesitant to commit.</p> <p><em>Image: Supplied</em></p>

Money & Banking

Placeholder Content Image

The Project in peril as Channel Ten plots bold news overhaul

<p>Speculation is mounting over the future of Channel Ten’s flagship current affairs program <em>The Project</em>, <a href="https://www.dailymail.co.uk/tvshowbiz/article-14748609/Brutal-sign-Project-canned-Channel-10.html" target="_blank" rel="noopener">with reports suggesting</a> the long-running panel show may be on the chopping block amid a broader shakeup at the network.</p> <p>According to <a href="https://www.theaustralian.com.au/business/media/the-project-under-review-as-ten-plans-to-announce-new-show/news-story/280ab62724d67c2eed16bb04cafc3e97" target="_blank" rel="noopener">The Australian</a>, <em>The Project</em> is “100 per cent” under review as Ten’s current affairs division undergoes scrutiny in response to dwindling ratings. The show, which first aired in 2009, is reportedly struggling to connect with audiences across key demographics.</p> <p>“<em>The Project</em> is a bit too old and irritating for younger viewers online… and a bit too young and irritating for older viewers on television,” the outlet reported, summarising the show’s struggle to appeal to either end of the age spectrum.</p> <p>Recent ratings appear to reflect this disconnect. Over the past week, <em>The Project</em> failed to break into the top ten most-watched programs, with Tuesday night’s episode recording its highest audience at 945,000 viewers. Friday’s episode fared worst, drawing just 626,000 viewers. In contrast, rival bulletins from Seven and Nine consistently drew more than 2 million viewers during the same 6pm timeslot.</p> <p>The program’s declining viewership comes amid broader criticism of its perceived political slant and the fallout from the departures of several high-profile hosts, including Carrie Bickmore, Peter Helliar and Lisa Wilkinson. Despite a relaunch in 2023 featuring Sarah Harris, Sam Taunton, Michael Hing and Waleed Aly, the shakeup has yet to reverse the trend. Michael Hing’s departure earlier this year marked another shift in the panel’s makeup.</p> <p>Adding to the uncertainty, Daily Mail Australia <a href="https://www.dailymail.co.uk/news/article-14509357/Channel-Ten-cancels-Project.html" target="_blank" rel="noopener">reported earlier this year</a> that Channel Ten executives were eyeing a new "news magazine show" to rival established programs like Nine's <em>60 Minutes</em>, Seven's <em>Spotlight</em>, and the ABC's <em>Four Corners</em>.</p> <p>A “crack team” of producers – referred to internally as the “investigations unit” – is reportedly being assembled to lead this new venture. Dan Sutton, a seasoned Channel Ten reporter, is tipped to serve as the executive producer, with screen testing currently underway for potential reporters.</p> <p>Network Ten confirmed the formation of the investigative unit in a statement to Daily Mail Australia, saying: “Following the continued growth and success of our news brand, 10 News, we are investing in a 10 News investigative unit that will work on long-form investigative stories as part of our news offering across all our platforms.”</p> <p>When pressed about the future of <em>The Project</em>, however, a network spokesperson maintained that there were “no changes” currently planned. "The Project remains an integral part of our content line-up and rest assured, it’s not going anywhere," they reiterated, echoing a similar statement made in July of last year.</p> <p>The show has also been experimenting with new distribution strategies, including the decision earlier this year to upload full episodes to YouTube in a bid to capture younger audiences. Segments from the show continue to be shared widely across social media platforms like Instagram and X (formerly Twitter).</p> <p>One glimmer of hope for the embattled program came last Tuesday, when former host Carrie Bickmore made a brief return to the panel to celebrate the tenth anniversary of her charity, Carrie’s Beanies 4 Brain Cancer. The special appearance helped boost ratings to 945,000 viewers – the highest for the week.</p> <p>Despite the network’s reassurances, the combination of faltering ratings, a changing panel and mounting speculation over a new investigative format suggests that <em>The Project</em> could be heading into uncertain territory.</p> <p>Whether it can reestablish its place in the Australian television landscape – or be quietly phased out – remains to be seen.</p> <p><em>Image: Channel Ten / The Project</em></p>

TV

Placeholder Content Image

RBA cuts interest rate - so what happens now?

<div class="theconversation-article-body"> <p>The Reserve Bank of Australia <a href="https://www.rba.gov.au/media-releases/2025/mr-25-13.html">cut the official interest rate</a> for the second time this year, as it lowered forecasts for Australian economic growth and pointed to increasing uncertainty in the world economy.</p> <p>The bank lowered the <a href="https://www.rba.gov.au/cash-rate-target-overview.html">cash rate target</a> by 0.25%, from 4.1% to 3.85%, saying inflation is expected to remain in the target band.</p> <p>All the big four banks swiftly passed the cut on to households with mortgages. This will save a household with a $500,000 loan about $80 a month.</p> <p>Announcing the cut, the Reserve Bank <a href="https://www.rba.gov.au/media-releases/2025/mr-25-13.html">stressed</a> in its accompanying statement it stands ready to reduce rates again if the economic outlook deteriorates sharply.</p> <blockquote> <p>The Board considered a severe downside scenario and noted that monetary policy is well placed to respond decisively to international developments if they were to have material implications for activity and inflation in Australia.</p> </blockquote> <h2>Inflation is back under control</h2> <p>The latest <a href="https://www.abs.gov.au/statistics/economy/price-indexes-and-inflation/consumer-price-index-australia/latest-release">Consumer Price Index</a> showed that inflation remained around the middle of the Reserve Bank’s <a href="https://www.rba.gov.au/education/resources/explainers/australias-inflation-target.html">medium-term target band of 2-3%</a> in the March quarter.</p> <p>The Reserve Bank was also comforted by the underlying inflation measure called the “trimmed mean”. This measure excludes items with the largest price movements up or down.</p> <p>The bank noted that it has returned to the 2–3% target band for the first time since 2021. This suggests inflation is not just temporarily low due to temporary factors such as the electricity price rebates.</p> <p><iframe id="QQ6io" class="tc-infographic-datawrapper" style="border: 0;" src="https://datawrapper.dwcdn.net/QQ6io/" width="100%" height="400px" frameborder="0" scrolling="no"></iframe></p> <p>In February, Reserve Bank Governor Michele Bullock <a href="https://parlinfo.aph.gov.au/parlInfo/download/committees/commrep/28670/toc_pdf/Economics%20Committee_2025_02_21_Official.pdf;fileType=application%2Fpdf">conceded</a> the bank had arguably been “late raising interest rates on the way up”. It did not want to be late on the way down.</p> <p>Perhaps Bullock is being unduly modest. The central bank looks to have judged well the extent of monetary tightening. It did not raise interest rates as much as its peers, but still got inflation back to the target.</p> <p><iframe id="ZIcUE" class="tc-infographic-datawrapper" style="border: 0;" src="https://datawrapper.dwcdn.net/ZIcUE/" width="100%" height="400px" frameborder="0" scrolling="no"></iframe></p> <h2>Unemployment remains low</h2> <p>Last week, we got an <a href="https://www.abs.gov.au/statistics/labour/employment-and-unemployment/labour-force-australia/latest-release">update</a> on the strength of the labour market. Unemployment stayed at 4.1%. It has now been around 4% since late 2023, a remarkable achievement.</p> <p>This is below the 4.5% the Reserve Bank had <a href="https://www.rba.gov.au/speeches/2019/sp-ag-2019-06-12-2.html">regarded</a> as the level consistent with steady inflation (in economic jargon, the <a href="https://www.rba.gov.au/education/resources/explainers/nairu.html">NAIRU</a>). But neither prices nor <a href="https://www.abs.gov.au/statistics/economy/price-indexes-and-inflation/wage-price-index-australia/latest-release">wages</a> have accelerated.</p> <p><iframe id="WYjUU" class="tc-infographic-datawrapper" style="border: 0;" src="https://datawrapper.dwcdn.net/WYjUU/" width="100%" height="400px" frameborder="0" scrolling="no"></iframe></p> <h2>Households and businesses may turn cautious</h2> <p>In its updated <a href="https://www.rba.gov.au/publications/smp/2025/may/pdf/statement-on-monetary-policy-2025-05.pdf">forecasts</a>, the bank sees headline inflation dropping to 2.1% by mid-year but going back to 3.0% by the end of the year, as the electricity subsidies are removed. By mid-2027, it will be back near the middle of the 2-3% target.</p> <p>Underlying inflation is forecast to stay around the middle of the target band throughout.</p> <p>The Reserve Bank cut its forecast for gross domestic product (GDP) to 2.1% by December, down from its previous forecast of 2.4% made in February. It said:</p> <blockquote> <p>Economic policy uncertainty has increased sharply alongside recent global developments, and this is expected to prompt some households to increase their precautionary savings and some businesses to postpone some investment decisions.</p> </blockquote> <p>The unemployment rate is expected to increase to 4.3% by the end of the year and remain there through 2026.</p> <p>Cost of living pressures look set to ease, as real household disposable income grows faster than population.</p> <p>As the Reserve Bank governor told a media conference on Tuesday:</p> <blockquote> <p>There’s now a new set of challenges facing the economy, but with inflation declining and the unemployment rate relatively low, we’re well positioned to deal with them. The board remains prepared to take further action if that is required.</p> </blockquote> <h2>Economic and policy ‘unpredictability’</h2> <p>The main uncertainty in the global economy is how the trade war instigated by US President Donald Trump will play out. <a href="https://www.washingtonpost.com/business/2025/05/14/trump-tariffs-china-trade/">According to one count</a>, he has announced new or revised tariff policies about 50 times.</p> <p>“The outlook for the global economy has deteriorated since the February statement. This is due to the adverse impact on global growth from higher tariffs and widespread economic and policy unpredictability,” the bank noted.</p> <p>The US tariff pauses on the highest rates on China and most other nations are due to be in place for 90 days. But more measures may be announced before then.</p> <p>This uncertainty is likely to be stifling trade, and even more so investment decisions by companies in the face of rapidly changing policies. And it will weaken the global economy.</p> <p>In her <a href="https://rba.livecrowdevents.tv/MediaConferenceMonetaryPolicyDecision20May2025/stream">press conference</a>, Bullock said the board’s judgement was that “global trade developments will overall be disinflationary for Australia”. Not only is the global outlook weaker, but some goods no longer being sold to the US could be diverted to Australia.</p> <h2>Where will interest rates go from here?</h2> <p>The Reserve Bank’s updated <a href="https://www.rba.gov.au/publications/smp/2025/may/pdf/statement-on-monetary-policy-2025-05.pdf">forecasts</a> assume interest rates will fall further, to 3.4% by the end of the year.</p> <p>But this is just a reflection of what <a href="https://www.rba.gov.au/statistics/cash-rate/assumptions/index.html">financial markets are implying</a>. It is not necessarily what the bank itself <em>expects</em> to do. It is certainty not a <em>promise</em> of what they will do.</p> <p>But the Reserve Bank still regards its stance as “restrictive”, or weighing on growth. So if it continues to believe inflation will stay within the target band, or the global outlook deteriorates, it will cut rates further.<!-- 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/256798/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" /><!-- End of code. If you don't see any code above, please get new code from the Advanced tab after you click the republish button. The page counter does not collect any personal data. More info: https://theconversation.com/republishing-guidelines --></p> <p><em>By <a href="https://theconversation.com/profiles/john-hawkins-746285">John Hawkins</a>, Senior Lecturer, Canberra School of Politics, Economics and Society, <a href="https://theconversation.com/institutions/university-of-canberra-865">University of Canberra</a></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/rba-cuts-interest-rates-ready-to-respond-again-if-the-economy-weakens-further-256798">original article</a>. </em></p> <p><em>Image: Sky News</em></p> </div>

Money & Banking

Placeholder Content Image

"Could not be happier": Channel 7 commentator's baby joy

<p>AFL great and Channel 7 commentator Dale Thomas and his wife Natasha have announced that they are expecting their first child together. </p> <p>The couple told family and friends over Christmas before announcing their baby joy to the public on Monday. </p> <p>“Tash and I could not be happier to be welcoming our baby into the world in August,” the former Carlton and Collingwood player said. </p> <p>“Last year started with the high of our wedding and ended with this fantastic news.</p> <p>“Telling loved ones over the Christmas period made for some wonderful memories and some brilliant reactions, and we will treasure this forever.</p> <p>“This next chapter has us both so excited.</p> <p>“As happy as we are to be sharing this great personal news, we also want to acknowledge and send big love and thoughts to those who are still waiting for their baby joy.</p> <p>“We appreciate how difficult and sensitive it can be.”</p> <blockquote class="instagram-media" style="background: #FFF; border: 0; border-radius: 3px; box-shadow: 0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width: 540px; min-width: 326px; padding: 0; width: calc(100% - 2px);" data-instgrm-captioned="" data-instgrm-permalink="https://www.instagram.com/reel/DGusT0yz1zr/?utm_source=ig_embed&utm_campaign=loading" data-instgrm-version="14"> <div style="padding: 16px;"> <div style="display: flex; flex-direction: row; align-items: center;"> <div style="background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 40px; margin-right: 14px; width: 40px;"> </div> <div style="display: flex; flex-direction: column; flex-grow: 1; justify-content: center;"> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 100px;"> </div> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 60px;"> </div> </div> </div> <div style="padding: 19% 0;"> </div> <div style="display: block; height: 50px; margin: 0 auto 12px; width: 50px;"> </div> <div style="padding-top: 8px;"> <div style="color: #3897f0; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: 550; line-height: 18px;">View this post on Instagram</div> </div> <div style="padding: 12.5% 0;"> </div> <div style="display: flex; flex-direction: row; margin-bottom: 14px; align-items: center;"> <div> <div style="background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(0px) translateY(7px);"> </div> <div style="background-color: #f4f4f4; height: 12.5px; transform: rotate(-45deg) translateX(3px) translateY(1px); width: 12.5px; flex-grow: 0; margin-right: 14px; margin-left: 2px;"> </div> <div style="background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(9px) translateY(-18px);"> </div> </div> <div style="margin-left: 8px;"> <div style="background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 20px; width: 20px;"> </div> <div style="width: 0; height: 0; border-top: 2px solid transparent; border-left: 6px solid #f4f4f4; border-bottom: 2px solid transparent; transform: translateX(16px) translateY(-4px) rotate(30deg);"> </div> </div> <div style="margin-left: auto;"> <div style="width: 0px; border-top: 8px solid #F4F4F4; border-right: 8px solid transparent; transform: translateY(16px);"> </div> <div style="background-color: #f4f4f4; flex-grow: 0; height: 12px; width: 16px; transform: translateY(-4px);"> </div> <div style="width: 0; height: 0; border-top: 8px solid #F4F4F4; border-left: 8px solid transparent; transform: translateY(-4px) translateX(8px);"> </div> </div> </div> <div style="display: flex; flex-direction: column; flex-grow: 1; justify-content: center; margin-bottom: 24px;"> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 224px;"> </div> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 144px;"> </div> </div> <p style="color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; line-height: 17px; margin-bottom: 0; margin-top: 8px; overflow: hidden; padding: 8px 0 7px; text-align: center; text-overflow: ellipsis; white-space: nowrap;"><a style="color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: normal; line-height: 17px; text-decoration: none;" href="https://www.instagram.com/reel/DGusT0yz1zr/?utm_source=ig_embed&utm_campaign=loading" target="_blank" rel="noopener">A post shared by Dale Thomas (@dthomas_39)</a></p> </div> </blockquote> <p>The couple also shared a video of the moment they found out they were expecting, and revealed the due date is in August on Instagram. </p> <p>"Baby Thomas, due August ❤️ We love you so, so much," they captioned the video. </p> <p>The comments were flooded with well-wishes from friends, with footy commentator Abbey Holmes writing: "YAY. Cats outta the bag!! So so so excited for you both. Bring it on xxxxxxxxxxxxxx." </p> <p>"OMFG this is the best news ever!!!! What a wonderful Monday surprise. Congratulations to the both you. Good job," added MasterChef's Khanh Ong.</p> <p>The happy news comes a year after they tied the knot in Dunkeld. </p> <p><em>Images: Instagram</em></p>

Family & Pets

Placeholder Content Image

Official interest rates have been cut, but not everyone is a winner

<div class="theconversation-article-body"><a href="https://theconversation.com/profiles/isaac-gross-737430">Isaac Gross</a>, <em><a href="https://theconversation.com/institutions/monash-university-1065">Monash University</a></em></p> <p>The Reserve Bank’s decision to cut interest rates for the first time in four years has triggered a round of celebration.</p> <p>Mortgage holders are cheering the fact their monthly repayments are now slightly lower, while the Albanese government hopes the small easing in the cost of living will <a href="https://theconversation.com/view-from-the-hill-will-albanese-opt-for-an-april-election-now-a-rate-cut-has-him-breathing-more-easily-250136">lift voters’ moods</a>.</p> <p>This is despite the Reserve Bank’s warnings that <a href="https://theconversation.com/the-reserve-bank-has-cut-rates-for-the-first-time-in-four-years-but-it-is-cautious-about-future-cuts-249704">further rate cuts may not eventuate</a>, depending on how much further progress is made on taming inflation.</p> <p>But it’s important to remember not everybody benefits from an interest rate cut. Some will be worse off.</p> <h2>Savers lose out</h2> <p>Not all Australian households are net borrowers. Many are net savers, retirees or prospective homebuyers, who actually lose out when rates fall.</p> <p>For starters, <a href="https://www.rba.gov.au/publications/fsr/2024/sep/contents.html">only about a third of households</a> are in hock to the banks when it comes to a monthly mortgage repayment.</p> <p>Another third of households have paid off their mortgage entirely, and so don’t benefit from a reduction in mortgage interest rates. And the remaining third are renters, who also don’t pay a mortgage.</p> <p>So while this news is generally a good thing for borrowers, a fall in mortgage rates only directly benefits a minority of households.</p> <p>Here are some of the ways lower interest rates might actually hurt rather than help the typical Australian household.</p> <h2>Higher house prices</h2> <p>One of the most immediate effects of lower interest rates is their impact on the housing market. With cheaper borrowing costs, more buyers can afford larger loans, bidding up house prices. This is great if you already own a home, but terrible if you’re still trying to buy one.</p> <p>For young Australians locked out of home ownership, a rate cut makes things even harder. It drives prices higher, forcing prospective buyers to stretch their finances further just to get a foot in the market. <a href="https://www.rba.gov.au/speeches/2024/sp-ag-2024-05-16.html">Reserve Bank calculations </a> suggest that, in the long run, higher house prices from lower rates can outweigh the benefit of lower mortgage repayments.</p> <h2>Lower returns on savings</h2> <p>If you’re a saver rather than a borrower, interest rate cuts are unequivocally bad news. Whether you’re saving for a home deposit, retirement, or just an emergency fund, lower rates mean you earn less on your bank deposits. The money in your savings account is now growing more slowly, making it harder to build wealth over time.</p> <p>Indeed, more than 20 banks actually cut their term deposit rates in advance of the Reserve Bank’s decision on Tuesday, according to <a href="https://www.canstar.com.au/home-loans/banks-slash-term-deposit-rates-february-2025/">Canstar research</a>.</p> <p>Analysis of HILDA data, <a href="https://www.rba.gov.au/publications/bulletin/2020/jun/household-wealth-prior-to-covid-19-evidence-from-the-2018-hilda-survey.html#:%7E:text=The%20HILDA%20Survey%20is%20a,observation%20available%20is%20for%202018.">which surveys household wealth and income</a>, suggests net savers tend to be younger households without property, retirees living off savings, and those who are not in full-time employment. For these groups, lower rates mean less income and fewer financial opportunities.</p> <h2>Retirees will feel the squeeze</h2> <p>Many <a href="https://www.rba.gov.au/publications/bulletin/2012/dec/pdf/bu-1212-3.pdf">retirees rely on income</a> from interest-bearing assets such as term deposits or cash savings. When rates fall, their returns shrink. The cost-of-living crisis has made it harder for retirees on a fixed income to fund their lifestyles, and a rate cut only makes things worse.</p> <p>While some retirees have exposure to the stock market via superannuation, many prefer the stability of cash savings. With rates falling, they face the tough choice of either reducing their spending or taking on more investment risk in their old age.</p> <h2>Bad news for the dollar, and overseas travellers</h2> <p>When the Reserve Bank cuts rates, it tends to <a href="https://www.rba.gov.au/education/resources/explainers/drivers-of-the-aud-exchange-rate.html">weaken the Australian dollar</a>. A weaker dollar makes overseas travel more expensive for Australians. That pint of beer in London, that piña colada in Puerto Rico, or that shopping trip to New York all become pricier.</p> <p>For Australians planning international holidays, rate cuts are a blow. A strong Australian dollar makes travel cheaper, and lower rates work against that. So while mortgage holders might celebrate, anyone hoping to travel overseas finds themselves worse off.</p> <h2>More expensive imports</h2> <p>Just as a weaker Australian dollar makes travel more expensive, it also increases the cost of imported goods. And Australia imports a lot – especially cars and petrol.</p> <p>Since the closure of domestic car manufacturing, all new vehicles sold in Australia are imported. Petrol, the second-largest import, is also sensitive to currency fluctuations. When the Australian dollar weakens due to lower interest rates, the cost of these essential goods rises. For the millions of Australians who rely on their cars for daily life, this is a significant financial burden.</p> <p>This isn’t to say rate cuts don’t benefit a large portion of Australians. Anyone with a significant mortgage debt will find themselves with lower monthly repayments, and that’s undoubtedly a financial relief.</p> <p>But the public narrative around interest rates tends to treat cuts as a universal good, ignoring the many Australians who are left worse off.</p> <p>Falling interest rates are a sign the high inflation that has caused the cost-of-living crisis has abated. That is <a href="https://www.rba.gov.au/media-releases/2025/mr-25-03.html">an economic success</a> that ought to be celebrated. But that now rates are falling again, we should at least acknowledge the costs that come with them.<!-- 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/250140/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" /><!-- End of code. If you don't see any code above, please get new code from the Advanced tab after you click the republish button. The page counter does not collect any personal data. More info: https://theconversation.com/republishing-guidelines --></p> <p><em>By <a href="https://theconversation.com/profiles/isaac-gross-737430">Isaac Gross</a>, Lecturer in Economics, <a href="https://theconversation.com/institutions/monash-university-1065">Monash University</a></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/official-interest-rates-have-been-cut-but-not-everyone-is-a-winner-250140">original article</a>.</em></p> <p><em>Image: Shutterstock</em></p> </div>

Money & Banking

Placeholder Content Image

Big banks finally cut fixed-interest mortgage rates

<p>NAB has become the first big bank to announce it has cut its fixed rate mortgages across all loan terms.</p> <p>The bank is the first of the big four banks to cut its fixed rates in 2025, two weeks out from the Reserve Bank of Australia’s first meeting when it is tipped to cut the cash rate.</p> <p>NAB announced on Monday that their lowest fixed rate is now 5.84 per cent, with a deposit of at least 20 per cent on a three-year term.</p> <p>“NAB is the first of the big four banks to cut fixed rates in 2025, with other banks likely to follow,” Canstar data insights director Sally Tindall said.</p> <p>“The cost of wholesale fixed rate funding has started to ease slightly. This, combined with a prospective cash rate cut, should push other banks into moving on fixed rates.”</p> <p>The cuts from NAB come almost two weeks after Macquarie Bank lowered its fixed rates, however, ANZ still has the lowest fixed rate out of the big four banks at 5.74 per cent for a two-year or three-year term.</p> <p>“While a few banks are now starting to sharpen their offerings, fixed rates still have a way to fall before they become fashionable again with borrowers,” Tindall said.</p> <p>“We expect the big four banks in particular to pass on cash rate cuts in full, at least for the first couple of cash rate cuts,” she said.</p> <p>“But we might even see some banks choose to pass on even more to new customers in order to take advantage of that re-engagement for borrowers in what a competitive rate looks like.”</p> <p>“Many homeowners have been waiting for well over a year for a cash rate cut. It’s hard to see them throwing in the towel and switching to a fixed rate now when the RBA is poised to move."</p> <p>“That said, there’s no guarantee we’ll see a barrage of cash rate cuts and borrowers should factor this into their thinking.”</p> <p><em>Image credits: Shutterstock </em></p> <p class="mb-4 font-serif text-article-body" style="font-family: var(--font-google-newsreader),serif; box-sizing: border-box; border: 0px solid; margin: 0px 0px 24px; font-size: 1.2275rem; line-height: 26.514px; caret-color: #2a2a2a; color: #2a2a2a;"> </p>

Money & Banking

Placeholder Content Image

Council rates raise concern for family rejecting $60m property offer

<p>The Zammit family have refused to sell their 20,000sqm property in Quakers Hill, Sydney for years, but now there are concerns that they may be forced to leave. </p> <p>Despite being surrounded by thousands of houses, the Zammit family have held out on their prime property location, and even refused a <a href="https://www.oversixty.com.au/finance/money-banking/these-guys-have-held-on-why-a-family-turned-down-50-million-for-their-home" target="_blank" rel="noopener">$50 million offer</a> two years ago, a figure that has now gone up to <a href="https://www.oversixty.com.au/finance/money-banking/aussie-family-s-refusal-to-sell-family-home-could-land-them-a-60m-fortune" target="_blank" rel="noopener">$60 million</a>. </p> <p>However, amid all the talk of how the family can keep resisting property developers, social media users now believe that authorities may use a sneaky way to force them out. </p> <p>Many of them believe that the Zammit's will be forced out by rising council rates, which may be increased to a point where the family will no longer be able to afford their home. </p> <p>"If they don't sell out in time the adjusted council rates will get them out in the end," on commenter said.</p> <p>"Yep, that's how they will do it! Rezone, then apply higher rates accordingly until they squeeze them out financially," another added. </p> <p>"Many people I know had their hand forced to sell their dream home in the end due to increases in council rates," a third commented. </p> <p>All of the land around the Zammit's property have been bought by developers who plan to build a new suburb called The Ponds. </p> <p>However, the local council has denied that the family may be forced to move. </p> <p>A Blacktown City Council spokesperson told the<em> Daily Mail </em> that it "has no plans to acquire the property and has not had any negotiations to acquire the property.</p> <p>"The property rate applied to this property is the same as all surrounding residential properties."</p> <p>Commenters from around the world have praised the family for choosing to stay put. </p> <p>"Good on them, why should developers get rich," one wrote.</p> <p>"Don't bow down to greedy big corp," another added. </p> <p>House prices in Quakers Hill rose about 8.5 per cent in 2024, according to PropTrack, which means that the family would've earned an extra $4.25 million on top of their previous offers.</p> <p><em style="background-color: #ffffff; color: #212529; font-family: -apple-system, 'system-ui', 'Segoe UI', Roboto, 'Helvetica Neue', Arial, sans-serif, 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe UI Symbol', 'Noto Color Emoji'; font-size: 16px; box-sizing: border-box;">Image: 7News</em></p>

Legal

Placeholder Content Image

"My boys": Channel 7 presenter's baby joy

<p>Channel 7 sports presenter Abbey Gelmi and former Richmond star Kane Lambert are celebrating the birth of their second child, a baby boy.</p> <p>The couple took to Instagram to announce their joyful news, with a set of black-and-white photos. </p> <p>“My boys 🌏🤍,” Gelmi wrote in the caption. </p> <p>One of the photos showed her fiance holding the two children, and the second was of her holding her newborn baby boy. </p> <p>“Oliver Herb Lambert arrived 17.11.24,” Gelmi continued.</p> <p>“Everyone happy, healthy and very much in love.”</p> <p>Fellow Aussie stars were quick to congratulate the couple, with <em>Better Homes and Gardens </em>host Joh Griggs saying: “Welcome to the Two boys Club Abbey. Those lucky men in your life…❤️❤️❤️.”</p> <p>Seven AFL presenter Abbey Holmes added:  “Omg !!! Just beautiful!! Congratulations guys, rapt for you xx.”</p> <p>Brit Selwood, wife of Geelong great Joel, commented: “Aww congratulations gorgeous!!! Two beautiful boys, just the best ❤️❤️.”</p> <p>While Australian model and influencer Bec Judd wrote a simple, “Congrats darling x.”</p> <blockquote class="instagram-media" style="background: #FFF; border: 0; border-radius: 3px; box-shadow: 0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width: 540px; min-width: 326px; padding: 0; width: calc(100% - 2px);" data-instgrm-captioned="" data-instgrm-permalink="https://www.instagram.com/p/DCieSDcTOdN/?utm_source=ig_embed&amp;utm_campaign=loading" data-instgrm-version="14"> <div style="padding: 16px;"> <div style="display: flex; flex-direction: row; align-items: center;"> <div style="background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 40px; margin-right: 14px; width: 40px;"> </div> <div style="display: flex; flex-direction: column; flex-grow: 1; justify-content: center;"> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 100px;"> </div> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 60px;"> </div> </div> </div> <div style="padding: 19% 0;"> </div> <div style="display: block; height: 50px; margin: 0 auto 12px; width: 50px;"> </div> <div style="padding-top: 8px;"> <div style="color: #3897f0; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: 550; line-height: 18px;">View this post on Instagram</div> </div> <div style="padding: 12.5% 0;"> </div> <div style="display: flex; flex-direction: row; margin-bottom: 14px; align-items: center;"> <div> <div style="background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(0px) translateY(7px);"> </div> <div style="background-color: #f4f4f4; height: 12.5px; transform: rotate(-45deg) translateX(3px) translateY(1px); width: 12.5px; flex-grow: 0; margin-right: 14px; margin-left: 2px;"> </div> <div style="background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(9px) translateY(-18px);"> </div> </div> <div style="margin-left: 8px;"> <div style="background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 20px; width: 20px;"> </div> <div style="width: 0; height: 0; border-top: 2px solid transparent; border-left: 6px solid #f4f4f4; border-bottom: 2px solid transparent; transform: translateX(16px) translateY(-4px) rotate(30deg);"> </div> </div> <div style="margin-left: auto;"> <div style="width: 0px; border-top: 8px solid #F4F4F4; border-right: 8px solid transparent; transform: translateY(16px);"> </div> <div style="background-color: #f4f4f4; flex-grow: 0; height: 12px; width: 16px; transform: translateY(-4px);"> </div> <div style="width: 0; height: 0; border-top: 8px solid #F4F4F4; border-left: 8px solid transparent; transform: translateY(-4px) translateX(8px);"> </div> </div> </div> <div style="display: flex; flex-direction: column; flex-grow: 1; justify-content: center; margin-bottom: 24px;"> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 224px;"> </div> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 144px;"> </div> </div> <p style="color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; line-height: 17px; margin-bottom: 0; margin-top: 8px; overflow: hidden; padding: 8px 0 7px; text-align: center; text-overflow: ellipsis; white-space: nowrap;"><a style="color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: normal; line-height: 17px; text-decoration: none;" href="https://www.instagram.com/p/DCieSDcTOdN/?utm_source=ig_embed&amp;utm_campaign=loading" target="_blank" rel="noopener">A post shared by Abbey Gelmi (@abbeygelmi)</a></p> </div> </blockquote> <p>Lambert and Gelmi already share a son together, Louis, who was born in March 2023. </p> <p>In May this year, Gelmi revealed that her pregnancy with her second son was difficult, as she battled a “debilitating” case of Hyperemesis Gravidarum (HG), a condition that causes intractable vomiting during pregnancy leading to weight loss. </p> <p>At the time, she had been absent from duties with Seven and iHeart Radio, and explained why she had been absent. </p> <p>“I’ve been in hospital three days a week for most of the first trimester, unable to keep anything down or leave bed with relentless nausea. I’d get dizzy when I stood, couldn’t care for (first-born) Louis and my mental health took a dive," she shared. </p> <p>She then shared a few resources for women who may experience the same condition,  "in the hope that those who endure it know they’re not alone." </p> <p>“Work have been so accommodating, I can’t thank Seven and iHeart enough for the grace and time to recover.”</p> <p><em>Images: Instagram</em></p> <p> </p>

Family & Pets

Placeholder Content Image

Australia’s fertility rate has reached a record low. What might that mean for the economy?

<div class="theconversation-article-body"><em><a href="https://theconversation.com/profiles/jonathan-boymal-392960">Jonathan Boymal</a>, <a href="https://theconversation.com/institutions/rmit-university-1063">RMIT University</a>; <a href="https://theconversation.com/profiles/ashton-de-silva-3066">Ashton De Silva</a>, <a href="https://theconversation.com/institutions/rmit-university-1063">RMIT University</a>, and <a href="https://theconversation.com/profiles/sarah-sinclair-385470">Sarah Sinclair</a>, <a href="https://theconversation.com/institutions/rmit-university-1063">RMIT University</a></em></p> <p>Australia’s fertility rate has fallen to a new <a href="https://www.abs.gov.au/statistics/people/population/births-australia/latest-release">record low</a> of 1.5 babies per woman. That’s well below the “<a href="https://pubmed.ncbi.nlm.nih.gov/7834459/#:%7E:text=PIP%3A%20Replacement%20level%20fertility%20is,of%202.1%20children%20per%20woman.">replacement rate</a>” of 2.1 needed to sustain a country’s population.</p> <p>On face value, it might not seem like a big deal. But we can’t afford to ignore this issue. The health of an economy is deeply intertwined with the size and structure of its population.</p> <p>Australians simply aren’t having as many babies as they used to, raising some serious questions about how we can maintain our country’s workforce, sustain economic growth and fund important services.</p> <p>So what’s going on with fertility rates here and around the world, and what might it mean for the future of our economy? What can we do about it?</p> <h2>Are lower birth rates always a problem?</h2> <p>Falling fertility rates can actually have some <a href="https://www.rand.org/content/dam/rand/pubs/monograph_reports/2007/MR1274.pdf">short-term benefits</a>. Having fewer dependent young people in an economy can increase workforce participation, as well as boost savings and wealth.</p> <p>Smaller populations can also benefit from <a href="https://www.sciencedirect.com/science/article/abs/pii/S0927537112000620.">increased investment</a> per person in education and health.</p> <p>But the picture gets more complex in the long term, and less rosy. An ageing population can strain pensions, health care and social services. This can hinder economic growth, unless it’s <a href="https://pubmed.ncbi.nlm.nih.gov/21302431/">offset by increased productivity</a>.</p> <p>Other scholars have <a href="https://www.gsb.stanford.edu/faculty-research/publications/end-economic-growth-unintended-consequences-declining-population">warned</a> that a falling population could stifle innovation, with fewer young people meaning fewer breakthrough ideas.</p> <h2>A global phenomenon</h2> <p>The trend towards women having fewer children is not unique to Australia. The global fertility rate has dropped over the past couple of decades, from 2.7 babies per woman in 2000 to <a href="https://www.macrotrends.net/global-metrics/countries/WLD/world/fertility-rate">2.4 in 2023</a>.</p> <p>However, the distribution is not evenly spread. In 2021, 29% of the world’s babies were born in sub-Saharan Africa. This is projected to <a href="https://www.healthdata.org/news-events/newsroom/news-releases/lancet-dramatic-declines-global-fertility-rates-set-transform">rise to 54% by 2100</a>.</p> <p>There’s also a <a href="https://onlinelibrary.wiley.com/doi/full/10.1002/psp.2720">regional-urban divide</a>. Childbearing is often delayed in urban areas and late fertility is more common in cities.</p> <p>In Australia, we see <a href="https://www.abs.gov.au/statistics/people/population/births-australia/latest-release#data-downloads">higher fertility rates</a> in inner and outer regional areas than in metro areas. This could be because of more affordable housing and a better work-life balance.</p> <p>But it raises questions about whether people are moving out of cities to start families, or if something intrinsic about living in the regions promotes higher birth rates.</p> <p><iframe id="U1wEx" class="tc-infographic-datawrapper" style="border: 0;" src="https://datawrapper.dwcdn.net/U1wEx/1/" width="100%" height="400px" frameborder="0" scrolling="no"></iframe></p> <h2>Fewer workers, more pressure on services</h2> <p>Changes to the makeup of a population can be just as important as changes to its size. With fewer babies being born and increased life expectancy, the proportion of older Australians who have left the workforce will keep rising.</p> <p>One way of tracking this is with a metric called the old-age dependency ratio – the number of people aged 65 and over per 100 working-age individuals.</p> <p>In Australia, this ratio is currently about 27%. But according to the latest <a href="https://treasury.gov.au/publication/2023-intergenerational-report">Intergenerational Report</a>, it’s expected to rise to 38% by 2063.</p> <p>An ageing population means greater demand for medical services and aged care. As the working-age population shrinks, the tax base that funds these services will also decline.</p> <p>Unless this is offset by technological advances or policy innovations, it can mean higher taxes, longer working lives, or the government providing fewer public services in general.</p> <h2>What about housing?</h2> <p>It’s tempting to think a falling birth rate might be good news for Australia’s stubborn housing crisis.</p> <p>The issues are linked – rising real estate prices have made it difficult for many young people to afford homes, with a significant number of people in their 20s <a href="https://pursuit.unimelb.edu.au/articles/more-australian-adult-children-are-living-with-their-parents-longer">still living with their parents</a>.</p> <p>This can mean delaying starting a family and reducing the number of children they have.</p> <p>At the same time, if fertility rates stay low, demand for large family homes may decrease, impacting one of Australia’s most significant economic sectors and sources of household wealth.</p> <h2>Can governments turn the tide?</h2> <p>Governments worldwide, including Australia, have long experimented with policies that encourage families to have more children. Examples include paid parental leave, childcare subsidies and financial incentives, such as Australia’s “<a href="https://theconversation.com/what-the-baby-bonus-boost-looks-like-across-ten-years-81563">baby bonus</a>”.</p> <p>Many of these efforts have had only limited success. One reason is the rising average age at which women have their first child. In many developed countries, including Australia, the average age for first-time mothers has surpassed <a href="https://www.aihw.gov.au/reports/mothers-babies/australias-mothers-babies/contents/overview-and-demographics/maternal-age">30</a>.</p> <p>As women delay childbirth, they become less likely to have multiple children, further contributing to declining birth rates. Encouraging women to start a family earlier could be one policy lever, but it must be balanced with women’s growing workforce participation and career goals.</p> <p>Research has previously highlighted the factors influencing fertility decisions, including levels of paternal involvement and workplace flexibility. Countries that offer part-time work or maternity leave without career penalties have seen a <a href="https://faculty.wcas.northwestern.edu/mdo738/research/Doepke_Hannusch_Kindermann_Tertilt_Handbook_23.pdf">stabilisation or slight increases</a> in fertility rates.</p> <h2>The way forward</h2> <p>Historically, one of the ways Australia has countered its low birth rate is through immigration. Bringing in a lot of people – especially skilled people of working age – can help offset the effects of a low fertility rate.</p> <p>However, relying on immigration alone is not a long-term solution. The global fertility slump means that the pool of young, <a href="https://www.imf.org/en/Publications/fandd/issues/2020/03/can-immigration-solve-the-demographic-dilemma-peri">educated workers from other countries</a> is shrinking, too. This makes it harder for Australia to attract the talent it needs to sustain economic growth.</p> <p>Australia’s record-low fertility rate presents both challenges and opportunities. On one hand, the shrinking number of young people will place a strain on public services, innovation and the labour market.</p> <p>On the other hand, advances in technology, particularly in artificial intelligence and robotics, may help ease the <a href="https://www.sciencedirect.com/science/article/abs/pii/S0164070420302020">challenges of an ageing population</a>.</p> <p>That’s the optimistic scenario. AI and other tech-driven productivity gains could reduce the need for large workforces. And robotics could assist in aged care, lessening the impact of this demographic shift.<!-- 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/241577/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" /><!-- End of code. If you don't see any code above, please get new code from the Advanced tab after you click the republish button. The page counter does not collect any personal data. More info: https://theconversation.com/republishing-guidelines --></p> <p><em><a href="https://theconversation.com/profiles/jonathan-boymal-392960">Jonathan Boymal</a>, Associate Professor of Economics, <a href="https://theconversation.com/institutions/rmit-university-1063">RMIT University</a>; <a href="https://theconversation.com/profiles/ashton-de-silva-3066">Ashton De Silva</a>, Professor of Economics, <a href="https://theconversation.com/institutions/rmit-university-1063">RMIT University</a>, and <a href="https://theconversation.com/profiles/sarah-sinclair-385470">Sarah Sinclair</a>, Senior Lecturer in Economics, <a href="https://theconversation.com/institutions/rmit-university-1063">RMIT 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/australias-fertility-rate-has-reached-a-record-low-what-might-that-mean-for-the-economy-241577">original article</a>.</em></p> </div>

Money & Banking

Placeholder Content Image

"Lots of NDAs": Channel Nine could face class action

<p>Channel Nine could face a class action over <a href="https://www.oversixty.com.au/finance/legal/damning-report-exposes-toxic-workplace-culture-at-channel-nine" target="_blank" rel="noopener">allegations of bullying</a>, sexual harassment and inappropriate conduct, according to one of Australia's leading employment lawyers Josh Bornstein. </p> <p>Bornstein told<em><a href="https://www.news.com.au/finance/business/media/channel-nine-could-face-class-action-over-allegations-of-bullying-sexual-harassment-and-inappropriate-conduct/news-story/7e7f5979007ae16ae81621e48e48acab" target="_blank" rel="noopener"> news.com.au</a></em> that a class action might be an option for men and women who were the victims of a "hostile workplace". </p> <p>“There is a provision of the Sex Discrimination Act that is relatively recent and was introduced as a result of the Respect At Work changes,” he said.</p> <p>“It is a new provision that says that it’s a breach of the Act for an employer to maintain a workplace that is hostile for women.</p> <p>“So in light of the report, which indicates widespread bullying, sexism, punishment, sexual harassment, and favouritism of male reporters over female reporters getting access to stories, there is at least the basis on which to start considering whether a class action could be brought.”</p> <p>Bornstein is the principal lawyer at Maurice Blackburn, a law firm that has won more than  $4.3 billion in settlements for clients since their inception in 1998. </p> <p>“If the report is right, it’s systemic, which means many women have been impacted, and they’ve been subjected to an environment that’s hostile to them because of their gender, and if they’ve been harmed by that, a class action could give them some form of redress," he added. </p> <p>However, one of the complications would be the nondisclosure agreements some of the women may have signed before leaving the companies. </p> <p>“I’m aware there’s lots of NDA, particularly at Nine, and lots of releases as well.</p> <p>“A class action just requires a sufficiently large enough group of affected people who come together to lodge a case that says, ‘This is the sort of workplace environment we’ve been subjected to’.</p> <p>“They have to show that they’ve been subjected to the sorts of behaviours that are dealt with in the report and that or that adverse conduct was based on their gender, and then if they were able to show that the law had been breached, then compensation would be based on individual harm.”</p> <p>He added that in his opinion, while it might be better "for women to band together to pursue a collective case" it may be a bit more difficult as "there’s a fear that if you take on commercial networks, that’s the end of your career," which he said is a "well founded" fear. </p> <p><em>Image: FiledIMAGE / Shutterstock.com</em></p>

Legal

Our Partners