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My parents, who still live in the US, always talked about how much we could save if I went to university in Australia. AdvertisementIn Australia, I've benefited from financial support from my parents and partner. I don't pay rent or utilities except for WiFi. I don't think my job outcome would have been as good if I were in the US. My parents plan on coming back to Australia when they retire, so I am very much looking forward to that.
Persons: , Aolin Xu, I've, I, they're, Australia doesn't, Ernst & Young Organizations: Service, Business, University of New, UNSW, Australian, US, Ernst & Locations: Australia, Washington, Canada, America, University of New South Wales, Sydney, Bali, Malaysia, EY
AdvertisementIn Australia, I've benefited from financial support from my parents and partner. I don't pay rent or utilities except for WiFi. AdvertisementI also think that this culture has allowed me to feel less pressure to go out and I've performed better academically. I don't think my job outcome would have been as good if I were in the US. My parents plan on coming back to Australia when they retire, so I am very much looking forward to that.
Persons: , Aolin Xu, I've, I, they're, Australia doesn't, Ernst & Young Organizations: Service, Business, University of New, UNSW, Australian, US, Ernst & Locations: Australia, Washington, Canada, America, University of New South Wales, Sydney, Bali, Malaysia, EY
Leonardo Urbano, 30, sits on a couch that was set out for disposal in Sydney. Leonardo Urbano said he sometimes finds luxury goods in piles of discarded clothes, such as this purported Fendi bag. When he finds luxury items, Urbano said he tries to verify their authenticity by checking the serial numbers on sites like Entropy. Leonardo Urbano found a painting by two-time Archibald Prize finalist Dapeng Liu with an estimated value of $3,000. Leonardo Urbano
Persons: Leonardo Urbano, Urbano, He's, Dapeng Liu Organizations: Facebook, CNBC Locations: Sydney, Leonardo Urbano In Australia, Australia
Read previewAsia's version of Chipotle — a Mexican fast-casual chain called Guzman y Gomez — just went public in Australia. The initial public offering brings GYG's valuation to 2.2 billion Australian dollars, or $1.47 billion. The US-based Mexican fast food chain is valued at $94 billion and posted a revenue of nearly $10 billion last year. Chipotle owns and operates all of its restaurants, unlike GYG, which follows a franchise model. They are only available to institutional investors, eligible employees and franchise holders, and retail clients of brokerages who have been allocated GYG shares, the company said in a pre-IPO release.
Persons: , Guzman y Gomez —, GYG, Steven Marks, Marks, Chipotle, Michael Hutchens, didn't, Hutchens, brokerages Organizations: Service, Australian Securities Exchange, Business, Morningstar, Growth Partners, Barrenjoey, Cooper Investors, Hyperion Asset Management, Firetrail Investments, QVG Locations: Mexican, Australia, Sydney, Singapore, Japan, North America, Europe
Low back pain affects at least 619 million people worldwide, and that number is expected to increase to 843 million people by 2050, according to research estimates. Unfortunately, nearly 70% of people who recover from an episode of low back pain have a recurrence within a year, experts say. Yet there is an easy, free way to prevent low back pain, at least for a while, according to a new randomized clinical trial. People in the study who walked regularly after having at least one episode of low back pain were pain free nearly twice as long as those who did not. “We also discussed simple strategies to reduce the risk of a recurrence of low back pain and instructions on how to self-manage any minor recurrences.
Persons: , Mark Hancock, ” Hancock, Hancock, , Natasha Pocovi, ” Pocovi, ” Ward, Lynn Millar, ” Millar, Millar Organizations: CNN, Macquarie University, Macquarie, physiotherapists, Winston, Salem State University Locations: Sydney, Nes, Winston, Salem , North Carolina
A pedestrian and jogger pass the Reserve Bank of Australia (RBA) building, during a partial lockdown imposed due to the coronavirus, in Sydney, Australia, on Monday, May 18, 2020. David Gray | Bloomberg | Getty ImagesAsia-Pacific markets rebounded on Tuesday as Wall Street rallied overnight, with investors assessing the Reserve Bank of Australia's interest rate decision. The RBA held its benchmark interest rate at 4.35% for its fifth straight meeting, saying that inflation "remains above target and is proving persistent." The RBA also noted that the economic outlook remained "uncertain," with recent data signaling that achieving the inflation target was unlikely to be smooth. Automaker Hyundai also hit a fresh record, gaining about 1.62% on news that it plans to list its India unit in Mumbai.
Persons: David Gray, Kazuo Ueda, Akio Toyoda, Kospi Organizations: Reserve Bank of Australia, Bloomberg, Getty, Wall Street, Bank, Japan's Nikkei, Reuters, Bank of Japan, Toyota, Samsung Electronics, SK Hynix, Hyundai, CSI Locations: Sydney, Australia, Asia, Pacific, Mumbai, Hong
John Shearer/TAS23/Getty Images Swift performs in Glendale, Arizona, during the opening weekend of "The Eras Tour" in March 2023. John Shearer/TAS23/Getty Images Fans wait in line to buy tour merchandise outside Raymond James Stadium in Tampa, Florida, in April 2023. Hector Vivas/TAS23/Getty Images Swift performs "Midnight Rain" in Edinburgh, Scotland, in June 2024. John Shearer/TAS23/Getty Images Swift sings "I Can Do It With a Broken Heart" in Paris in May 2024. John Shearer/TAS23/Getty Images In pictures: Taylor Swift's 'Eras Tour' Prev NextMonitoring stations around the city registered the activity during all three performances.
Persons: London CNN — Taylor Swift, Taylor Swift, Kevin Mazur, Swift, Natasha, Ethan Miller, John Shearer, Kevin Winter, Benjamin B, Braun, Jutharat, Phoebe Bridgers, Bridgers, Raymond James, Zack Wittman, Hector Vivas, Gareth Cattermole, Don Arnold, TAS24, Rachel Wisniewski, Terence Rushin, Haim, Jeff Kravitz, Erin Clark, Sarah Yenesel, Sabrina Carpenter, William West, Christopher Polk, Bob Levey, TAS23, Allen J, Taylor, , , Harry Styles, Callum Harrison, we’ve Organizations: London CNN, British Geological Survey, Murrayfield, Swift City, Pittsburgh, MetLife Stadium, New York Times, Department, Lincoln Financial, Washington Post, Ticketmaster, Boston Globe, Getty, Penske Media, Los Angeles Times, Scottish Rugby Locations: Edinburgh, Scottish, East Rutherford , New Jersey, Chicago, Las Vegas, Nashville , Tennessee, Glendale , Arizona, Glendale, Swift, Los Angeles, Pittsburgh, East Rutherford, Paris, Nashville, Tampa , Florida, Mexico City, Scotland, Sydney, Philadelphia, Atlanta, Santa Clara , California, Foxborough , Massachusetts, Kansas City , Missouri, Coney, Melbourne, AFP, Lyon, France, Houston, Inglewood , California, Cincinnati,
CNN —An Australian teenager of Samoan heritage has been announced as the star of the upcoming live-action version of the hit Disney movie “Moana.”Seventeen-year-old Catherine Laga‘aia has been cast as the eponymous heroine of the movie, which begins filming this summer. She is no stranger to showbiz, however, as her father is Jay Laga‘aia, a New Zealand-born actor who starred in two of the “Star Wars” movies. He is also one of the movie’s producers, alongside, among others, “Hamilton” creator Lin-Manuel Miranda, who wrote much of the original movie’s soundtrack. Auli’i Cravalho starred as Moana in the original film, along with Rachel House, Nicole Scherzinger and Temuera Morrison. Disney has successfully reimagined several of its animated classics as live-action movies, beginning with “Beauty and the Beast” in 2017, followed by “Aladdin” and “The Lion King” in 2019 and “The Little Mermaid” last year.
Persons: Catherine Laga‘aia, , Alice Hart, Sigourney Weaver, Jay Laga‘aia, Dwayne Johnson, “ Hamilton, Lin, Manuel Miranda, Laga‘aia, , Moana, Tuai, I’m, Katie, Lin Manuel Miranda, John Tui, Frankie Adams, Rena Owen, Gramma Tala, Thomas Kail, “ Hamilton ”, Johnson, Auli’i Cravalho, Rachel House, Nicole Scherzinger, Temuera Morrison, “ Aladdin ”, King ” Organizations: CNN, Pacific Islanders, Disney, Samoa, Broadway, Nielsen Locations: Motunui, New Zealand, Maui, Sydney, Fa‘aala, Savai‘i, ‘ Upolu, Samoa, Australia, Moana, Zealand
Read previewI met Sarah online 22 years ago. Joining Sarah's famous family was surprisingly easy for meSince we met, Sarah has been grounded in her identity, never relying on her sister's celebrity. AdvertisementAfter about two years of dating, I met Olivia. We hosted lunch at one of the cafés in our little village square, and suddenly, everyone was talking. When Olivia died in 2022, our council office organized a special tribute, showing "Grease" on an outdoor screen in the village square.
Persons: , Sarah, Olivia Newton, Sarah's, Olivia, we've, Olivia Olivia, It's Organizations: Service, Business Locations: Spain, Sydney
CNN —Ben, the French artist best known for his irreverent approach to modern art, has died aged 88, taking his own life hours after the death of his wife, his family said in a statement Wednesday. Annie Vautier, Ben’s wife, died at 3 a.m. on Wednesday, having suffered a stroke on Monday, the Vautier family said in a statement posted to the Facebook page of the family gallery. “Unwilling and unable to live without her, Ben killed himself a few hours later at their home,” in the south of France, the artist’s family announced. Ben poses next to one of his art works during his exhibition 'Strip-tease integral' at the Museum of Modern Art in March 2010. His works have been exhibited around the world, from the Museum of Modern Art in New York to the Art Gallery of New South Wales in Sydney.
Persons: CNN — Ben, Annie Vautier, , Ben, , Eva, Francois, Naive Arts Anatole Jakovsky, Clement Mahoudeau, Benjamin Vautier, Robert Pratta Organizations: CNN, Naive Arts, Getty, Museum of Modern Art, Palace, Art, New, Centre Pompidou Locations: France, Nice, AFP, Italy, Switzerland, Turkey, Egypt, New York, New South Wales, Sydney, Paris
Australia on Wednesday announced it had dropped its legal battle against Elon Musk's X to have graphic footage of a church stabbing in Sydney removed from the social media platform. The dispute was widely seen as a test case for the Australian government's ability to enforce its online safety standards on the social media giants. Julie Inman-Grant, Commissioner of Australia's online safety regulator, said in a statement that after weighing "multiple considerations," she decided that discontinuing the proceedings would "likely achieve the most positive outcome for the online safety of all Australians, especially children." I stand by my investigators and the decisions eSafety made," Inman-Grant said, referencing Australia's independent regulator for online safety. Last month, the Musk-owned social media platform won a reprieve in Australia when a court refused to extend a temporary order blocking videos of a Sydney church stabbing globally.
Persons: Elon Musk, Tesla, Elon Musk's, Julie Inman, eSafety, Inman, Grant, Musk, Bishop Mar Mari Emmanuel, Australia's Organizations: SpaceX, X Holdings Corp, Milken Institute's Global, Beverly Hilton Hotel, Wednesday, Grant, X's Global Government Affairs Locations: Beverly Hills , California, Australia, Sydney, Australian
Brisbane, Australia CNN —Australia’s eSafety commissioner has dropped her legal bid to force Elon Musk’s social media site X to hide a violent video of a church stabbing in Sydney from global users. The eSafety commissioner had wanted X to hide the video for users beyond Australian borders. The incident set off a riot outside the church that authorities said was stoked by the rapid distribution of the video online. “The Video is, and at all material times has been, widely accessible to persons in Australia other than on the X platform, including in its full form on other social media services and various websites,” court documents said. The Assyrian Orthodox cleric was quoted in court filings as supporting the distribution of the video as an exercise in free speech.
Persons: Australia CNN — Australia’s, Elon, Julie Inman Grant, X, Inman Grant, , Musk, , Joanne Gray, ” Gray, it’s, Bishop Mar Mari Emmanuel, eSafety, she’d Organizations: Australia CNN, University of Sydney, Good Shepherd, Australian Jewish Association, Australia’s, ABC Locations: Brisbane, Australia, Sydney
CNN —As Australian women push for action on domestic violence – a problem described by the country’s prime minister as a “national crisis” – one state has appointed a special official charged with improving men’s behavior. Victoria Premier Jacinta Allan announced Wednesday that state MP Tim Richardson would serve as the inaugural Parliamentary Secretary for Men’s Behavior Change – the first position of its kind in the country. Richardson said he would focus on the influence the internet and social media have on male attitudes towards women, and on building respectful relationships. Last year, 64 women were murdered, the group said. Women should not be responsible for ending violence against women,” he said at the time.
Persons: Victoria Premier Jacinta Allan, Tim Richardson, Richardson, ” Richardson, couldn’t, , Tarang Chawla, Niki, Nikita Chawla, Jane Hume, Anthony Albanese Organizations: CNN, Victoria Premier, Police, Liberal Party, Victoria, Sky News Locations: Australia, Perth, Western Australia, Bondi, Sydney
Reserve Bank of Australia (RBA) at the central bank's building in Sydney, Australia on May 2, 2022. Asia-Pacific markets are mixed on Wednesday as the Nasdaq Composite hit another new record high on Wall Street to surpass 17,000 for the first time, powered by a 7% gain in tech darling Nvidia. Investors will be assessing Australia's inflation numbers for April, with the weighted inflation rate expected to ease to 3.4% from 3.5% in March. Two more, and we may consider adding a rate hike." The Australian S&P/ASX 200 started the day down 0.29%, ahead of the CPI announcement.
Organizations: Bank of Australia, Nasdaq, Nvidia, Investors, ING, [ Reserve Bank of Locations: Sydney, Australia, Asia, Pacific, [ Reserve Bank of Australia
CNN —A pilot and passenger emerged unscathed from a light plane that made a dramatic crash landing in Australia after flying perilously close to houses in suburban Sydney. “It was gliding, there was no power,” pilot Jake Swanepoel told Nine News. Ground staff dashed to assist them, but Swanepoel and his partner Karin climbed out of the aircraft unscathed. “We didn’t think we were going to make this landing strip here,” Karin told Nine News. The Australian Transport Safety Bureau told CNN that it is gathering further information about the landing before deciding whether to launch an investigation.
Persons: Jake Swanepoel, Swanepoel, Karin, ” Karin, who’s, Organizations: CNN, Cessna, Nine, Nine News, Bankstown Airport, Australian Transport Safety Bureau, . Nine Locations: Australia, Sydney, Sydney’s, , Sydney's
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Dollar holds firm as traders trim U.S. rate cut bets
  + stars: | 2024-05-24 | by ( ) www.cnbc.com   time to read: +3 min
"The carry of holding dollars is far juicier," he said, while policymakers' rhetoric has also made traders nervous about inflation and the risk rate cuts would be distant or small. Traders have pushed out the timing of the first Fed rate cut to December. Thursday's business surveys from S&P Global supported the conviction among many traders that the Fed may keep rates higher for longer. But not for traders who are positioned for Fed cuts. Rates markets still price a near 90% chance the ECB cuts rates next month.
Persons: Martin Whetton, Matt Simpson, Sterling, Christopher Waller Organizations: U.S, Westpac, Federal, Traders, P Global, European Central Bank, Federal Reserve Locations: Sydney
Yet he is locked up by the say-so of the United States government,” she added. His supporters believe he’s been caught up in geopolitics during a time of strained relations between the United States and China and have accused authorities of using him to send a message to former military personnel. A spokesperson for the Australian attorney general said the government doesn’t comment on extradition matters. Under Australia’s Extradition Act, Duggan is entitled to appeal directly to the attorney general as to why he shouldn’t be sent to the US. There is no set time period for the attorney general to make a decision, but by law it should be made as soon as practicable.
Persons: Daniel Duggan, Daniel Reiss, Duggan, Mark Dreyfus, Duggan’s, Saffrine, , Dan Duggan, ” “, ” Saffrine Duggan, Bianca De Marchi, , ” Duggan, TFASA, he’s, Reiss, shouldn’t Organizations: Australia CNN, US Marines, United, Downing Centre Local Court, US State Department, of Defense Trade, Test Flying Academy of South, CNN, TFASA Locations: Brisbane, Australia, United States, New South Wales, China, Sydney, Test Flying Academy of South Africa, South Africa
One day in 1855, a man walked into a newspaper office in Sydney, Australia, with an odd request. The man, later described as a “man of color” with “bright, intelligent eyes” and an American accent, was looking for a copy of the United States Constitution. The text was procured, along with a recent book on the history of the United States. Two weeks later, the man returned with a nearly 20,000-word text of his own, bearing a blunt title: “The United States Governed by Six Hundred Thousand Despots.”The first half offered an account of the author’s birth into slavery in North Carolina around 1815, his escape from his master, his years on a whaling ship and then his departure from “the land of the free” for the shores of Australia, where he went to work in the gold fields. The second half was a long, blistering condemnation of the country he had left behind, in particular its revered founding document.
Persons: Organizations: United, Constitution Locations: Sydney, Australia, United States, North Carolina
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewElon Musk's social media posts have a history of getting him into trouble — and Tesla's chair has admitted they sometimes catch her off guard, too. Robyn Denholm, the chair of Tesla's board, admitted to the Financial Times that she has had "tough conversations" with CEO Elon Musk over his social media posts and said that if she had her way, Twitter, now X, wouldn't exist. Denholm became Tesla's chair in 2018 after Musk stepped down following a settlement with the SEC over the billionaire's infamous "funding secured" tweet. AdvertisementTesla did not immediately respond to a request for comment made outside normal working hours.
Persons: , Robyn Denholm, Elon Musk, Denholm, Musk, you've, Tesla Organizations: Service, Elon, Financial Times, Twitter, Business, SEC, Wall Street Journal Locations: Delaware, Sydney
AdvertisementPros and cons of living in VancouverBain noted to BI several personal advantages to living in Vancouver, including the people who she has found can be welcoming and generous. After living in Australia and given her work as a destination makeup artist, Bain said another pro is the proximity from Vancouver to other places. Advertisement"I felt like I really wanted to experience more of the world," she said. She also found that wedding work in Canada is more seasonal than in Australia due to the snowy winters. Bain is happy living in Canada and the positives that come with being there.
Persons: , Kellsie Bain, Bain, Vancouver Bain, I've, she's, aren't, York isn't, it's Organizations: Service, Business Locations: Sydney, New York City, New York, Canada, Vancouver, Australia, York, States
Sydney CNN —Three players from Australia’s top soccer league have been arrested and charged over an alleged betting scam, accused of deliberately getting yellow cards and giving away penalties at the behest of a South American criminal. A senior A-League player allegedly took instructions from the mastermind and arranged the infractions with teammates in designated games last year, according to New South Wales Police. Investigators have not disclosed the players’ team, but said they are attached to a club in Sydney’s south-west. Nor did they find evidence that players from other teams may have been complicit, he said. He said the bets were placed offshore, predominantly in South America, with no trace that betting has come from Australia.
Persons: Michael Fitzgerald, , Peter Faux Organizations: Sydney CNN —, League, New South Wales Police, Junior, , Macarthur FC, NSW Police Locations: American, New, Sydney’s, Sydney, Macarthur, South America, Australia
However, during proceedings against McBride, the court heard that he did not bring the documents to the media’s attention to highlight the alleged war crimes. “David McBride leaked documents to our national broadcaster which contained credible evidence of war crimes committed by Australian forces in Afghanistan. Pender and others pointed out that no one had yet been prosecuted over Australia’s alleged war crimes in Afghanistan – except the man who had brought it to the country’s attention. Australian Federal Police officers raided the ABC offices in Sydney in 2019 seeking documents as they pursued potential charges against the journalists behind the story. The Australian Federal Police is working with the Office of the Special Investigator (OSI) to investigate potential charges.
Persons: CNN —, , David Mossop, David McBride, McBride, Mark Davies, Brereton, Mossop, , ” McBride, Justice Mossop, ” Mossop, McBride’s, Kieran Pender, “ David McBride, Pender, Australia’s, “ Will, Peter Greste, Greste, ” “ David, ” Greste, he’ll, Anthony Albanese, “ I’m, Mark Dreyfus Organizations: CNN, Australian Army, Canberra, Australian Broadcasting Corporation, ABC, Australian Defense Force, Australian Special Air Service, SAS, Human Rights Law, Australian, Journalists, Australian Federal Police, Commonwealth, Public Prosecutions, ADF, AFP Locations: Afghanistan, Egypt, Sydney, New South Wales
A man in his mid-30s with Crohn's disease did DIY poop transplants using his mom as a donor for years. They appeared to ease his gut symptoms, but he experienced menopause symptoms such as sweating, hot flashes, and mood swings, similar to his menopausal mom. Experts in the documentary warned against trying poop transplants at home because there is a risk of transferring bad microbes and susceptibility to all kinds of diseases. After she made the switch, her acne went away, but this time, she experienced depression symptoms. AdvertisementWhen Koepke once again switched back to her brother's poop transplants, the depression went away within a week, she said.
Persons: , Daniell Koepke, Koepke, Thomas Borody, Guilia Enders, who's, Enders, Jack Gilbert, Gilbert, FMTs Organizations: Service, Netflix, Business, US Food and Drug Administration, Digestive Diseases, UC San Diego Locations: Sydney, Australia
Tesla Chairwoman Robyn Denholm has just sold $17.3 million worth of her shares in the electric vehicle maker, according to a filing Monday, bringing her total stock sales this year to more than $50 million. Former Tesla Senior Vice President Drew Baglino, who announced his resignation in mid-April, sold shares worth around $181.5 million soon after his departure, according to a filing. In Denholm's early years on the Tesla board, she served on the audit committee. Before joining the Tesla board, Denholm served in executive roles at Sun Microsystems, and in finance roles at Toyota in Australia and at accounting firm Arthur Andersen. In her opinion, Chancellor Kathaleen McCormick wrote that by serving on Tesla's board, Denholm received "life-changing" compensation, which "far exceeded the compensation she received from other sources."
Persons: Robyn Denholm, Tesla, Denholm, Drew Baglino, Kathleen Wilson, Thompson, Elon Musk, hasn't, Musk, Arthur Andersen, , Chancellor Kathaleen McCormick Organizations: Tesla Inc, American, of Commerce, Tesla, SEC, Sun Microsystems, Toyota Locations: Australia, Sydney, what's, Delaware
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