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☆ Founders should do this surprising thing more often in pitches, Daniel Lubetzky, the newest 'Shark Tank' addition, says
▼ + stars: | 2024-09-18 | by ( Alex Bitter | ) www.businessinsider.com time to read: +1 min

Daniel Lubetzky, founder of snack brand Kind, is joining "Shark Tank" as the show's newest Shark. Go to newsletter preferences Thanks for signing up! AdvertisementDaniel Lubetzky has seen dozens of pitches from founders on the ABC television series "Shark Tank." But Lubetzky will be hearing even more pitches as he becomes the show's latest new judge — or "Shark" — starting with the show's new season next month. Lubetzky isn't a stranger to Shark Tank or startups.

Persons: Daniel Lubetzky, Lubetzky, —, He's Organizations: Service, ABC, Business

☆ Barry Diller Bets on Media Veterans to Turn Around The Daily Beast
▼ + stars: | 2024-04-15 | by ( Benjamin Mullin | ) www.nytimes.com time to read: +1 min

The Daily Beast has long been an outlier in the digital empire of the billionaire Barry Diller. As sites like Match.com and Expedia made millions over the years, Mr. Diller’s digital tabloid lost money, publishing scoop after scoop but struggling to turn a profit. Mr. Sherwood and Ms. Coles will be granted an equity stake equivalent to roughly half of The Daily Beast, with IAC keeping the majority, according to a person familiar with the matter. Mr. Sherwood, 60, will be its chief executive and publisher, and Ms. Coles, 61, will be chief creative and content officer. The decision to bring in Mr. Sherwood and Ms. Coles came after Mr. Diller considered a sale of The Daily Beast and had conversations with various suitors.

Persons: Barry Diller, Expedia, Diller, he’s, Ben Sherwood, Joanna Coles, Sherwood, Coles, Janice Min Organizations: Disney ABC Television Group, Hearst Magazines, IAC, Daily, Hollywood, Ankler Media, The Hollywood Locations: Ben

☆ Couple spent $400 to start a bakery—now it's a 'Shark Tank' success story worth $1.6 million
▼ + stars: | 2024-03-19 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

If you ask Saphira and Maurizio Rasti, the way to a "Shark Tank" star's heart is through their stomach. The Costa Mesa, California-based husband-and-wife duo brought investors treats from their business, Nowhere Bakery, on Friday's episode of the ABC television show. It might not have happened if the cookies and brownies didn't taste so good, much to the investors' surprise. "They're free from dairy, eggs, gluten, soy, refined sugar, sugar alcohols and are paleo-friendly," Saphira said on the show, noting that the idea originated as a solution for her own dietary restrictions. It brought in $770,000 in 2022 revenue — including a $32,000 profit — and was projected to finish 2023 with $1 million, Saphira said.

Persons: Saphira, Maurizio Rasti, Barbara Corcoran, Kevin O'Leary, We've Organizations: Nowhere, ABC Locations: Costa Mesa , California

☆ Strong Winds Cause Power Outages, Fan Bushfires in Australia's Southeast
▼ + stars: | 2024-02-13 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +2 min

SYDNEY (Reuters) - Tens of thousands of residents across Australia's Victoria state remained without power on Wednesday after wild weather knocked down transmission lines, forcing a major power plant to disconnect from the grid, while strong winds fanned bushfires. AGL's Loy Yang A power station, responsible for about a third of the state's power, had to shut down on Tuesday afternoon impacting half a million properties, which officials said was one of the largest outages in Victoria's history. Some properties were completely destroyed by fire with the exact number to be confirmed after fire crews finish their rescue efforts. Firefighters are battling to contain three bushfires, but better weather conditions could help crews to contain the fires quickly, Heffernan said. Australia's weather bureau forecast milder conditions on Wednesday with temperatures in the low to mid-20 degree Celsius (68°F) and moderate winds, but warned the risk was not over yet.

Persons: AGL's Loy Yang, Clare O'Neil, We've, O'Neil, Jason Heffernan, Heffernan, Renju Jose, Bill Berkrot Organizations: SYDNEY, Mobile, Federal Home Affairs, ABC, Firefighters Locations: Australia's Victoria, Melbourne, Hotham, Victoria's, Victoria, Sydney

☆ Mark Cuban says 'no plans' to run for president in 2024 on heels of Dallas Mavericks deal
▼ + stars: | 2023-11-29 | by ( Dan Mangan | ) www.cnbc.com time to read: 1 min

Dallas Mavericks owner Mark Cuban reacts during a timeout in the game against the Golden State Warriors at American Airlines Center on March 22, 2023 in Dallas, Texas. Mark Cuban, fresh off the news that he is selling a majority stake in the Dallas Mavericks to the mega-Republican donor Adelson family, reiterated Wednesday that he has "no plans" to run for president in 2024. "No plans to run," Cuban said in an email to NBC News. Cuban in July had said his family "would disown me" if he launched a campaign for the White House. But at the same time, he had also praised efforts by the group No Labels to create a bipartisan ticket for the presidency next year.

Persons: Mark Cuban, Adelson Organizations: Dallas Mavericks, Golden State Warriors, American Airlines Center, NBC News, Cuban, White, ABC Locations: Dallas , Texas

☆ First Australian nationals leave Israeli-besieged Gaza for Egypt
▼ + stars: | 2023-11-01 | by ( Renju Jose | ) www.reuters.com time to read: +2 min

At least 320 foreign nationals left the Palestinian enclave to cross into Egypt on Wednesday, the first to benefit from a deal mediated by Qatar. Watts said there were still 65 Australians trapped in Gaza and the government had urged them, using all available communication channels, to move toward the Rafah crossing as soon as possible. "We are providing all possible support we can, communicating through all available channels," Watts told ABC television. The Gaza health ministry says at least 8,796 Palestinians in the narrow coastal enclave, including 3,648 children, have been killed by Israeli strikes. Watts said he also "strongly encouraged" Australians in Lebanon to leave the country after deadly clashes between Israel and the Iran-backed Hezbollah militant group.

Persons: Tim Watts, Watts, Renju Jose, Rosalba O'Brien Organizations: Hamas, Foreign, ABC, Thomson Locations: Rafah, Egypt, Gaza, Israel, Palestinian, SYDNEY, Qatar, Lebanon, Iran, Beirut, Sydney

☆ Richard Roundtree, Black action hero who played 'Shaft,' dead at 81
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +2 min

[1/2] FILE PHOTO: Cast member Richard Roundtree poses at the premiere of the movie "What Men Want" in Los Angeles, California, U.S. January 28, 2019. REUTERS/Mario Anzuoni/File Photo Acquire Licensing RightsOct 24 (Reuters) - Richard Roundtree, a trailblazing Black actor who played the private eye John Shaft in the "Shaft" films of the 1970s and also took on dramatic roles dealing with race relations in America, died on Tuesday aged 81, the Hollywood Reporter said, citing his manager. Roundtree died at his home in Los Angeles of pancreatic cancer, the Reporter said, citing his manager, Patrick McMinn. Roundtree worked regularly until the end, with 159 acting credits to his name plus three upcoming projects yet to be released, according to IMDB.com. He was married twice and is survived by four daughters - Nicole, Tayler, Morgan and Kelli Roundtree - and his son, James, Variety said.

Persons: Richard Roundtree, Mario Anzuoni, John Shaft, Roundtree, Patrick McMinn, McMinn, Isaac Hayes, Miles, Peter O'Toole's Robinson, Laurence Olivier's, General Douglas MacArthur, Nicole, Tayler, Morgan, Kelli Roundtree, James, Variety, Daniel Trotta, Miral Organizations: REUTERS, Hollywood Reporter, Variety, Thomson Locations: Los Angeles , California, U.S, America, Los Angeles, Harlem, New York, Mississippi

☆ San Francisco police fatally shoot driver of car that crashed into Chinese consulate
▼ + stars: | 2023-10-10 | by ( Nathan Frandino | ) www.reuters.com time to read: +2 min

SAN FRANCISCO, Oct 9 (Reuters) - Law enforcement officers fatally shot the driver of a vehicle that plowed through the Chinese consulate in San Francisco and into the lobby of the building's visa office on Monday, city police said. "I don't know how many people were inside the visa office at the time of the collision," San Francisco Police Department spokesperson Sergeant Kathryn Winters told reporters at a news briefing hours later. "When officers arrived here on scene, they found the vehicle had come to rest inside the lobby of the Chinese Consulate. [1/3]Law enforcement members stand on the street near the Chinese consulate, where local media has reported a vehicle may have crashed into the building, in San Francisco, California, U.S. October 9, 2023. An ABC television affiliate station in San Francisco reported its news crews observed a man covered in blood being carried away from the scene on a stretcher and rushed into an ambulance.

Persons: Kathryn Winters, " Winters, Nathan Frandino, Steve Gorman, Bernard Orr, Daniel Trotta, Michelle Nichols, Sam Holmes Organizations: FRANCISCO, San Francisco Police, Consulate, Officers, Police, U.S . State Department, REUTERS, State Department, ABC, Thomson Locations: San Francisco, San Francisco , California, U.S, Los Angeles, Beijing, Carlsbad , California, New York

☆ Australia to retire Taipan helicopter fleet early after crash
▼ + stars: | 2023-09-29 | by ( Renju Jose | ) www.reuters.com time to read: +3 min

The Taipan fleet will not return to flying operations before the previously planned withdrawal date of December 2024, Defence Minister Richard Marles said. Australia in January said it would buy 40 Black Hawk military helicopters, manufactured by Lockheed Martin (LMT.N), for an estimated A$2.8 billion ($1.80 billion). The Black Hawks are set to replace the Australian army's fleet of Taipan helicopters, which have been plagued for years by maintenance issues. "The first of the 40 Black Hawks that will replace the (Taipan) MRH-90 have arrived and are already flying in Australia. Marles acknowledged there would be "capability challenges" without an operational Taipan fleet and as defence waits for the delivery of more Black Hawks.

Persons: Dinuka, Richard Marles, Lockheed Martin, Marles, Italy's Leonardo, Leonardo, Renju Jose, Jamie Freed Organizations: Australian Navy, Australian Landing Helicopter, REUTERS, Rights, United States, Black Hawk, Lockheed, Black Hawks, Australian, Airbus, ABC, Thomson Locations: Canberra, Colombo, Sri Lanka, Australia, France, Norway, Queensland, United States, Sydney

☆ The Charter-Disney showdown didn't transform the TV industry, after all, despite the hype
▼ + stars: | 2023-09-11 | by ( Alex Sherman | ) www.cnbc.com time to read: +4 min

Charter and Disney have reached a rights deal, and the media industry was duped. Slate's headline the same day honed in further: "Disney Is in a Fight That Might Change TV Forever." But there's a reason why Dolan discussed this concept a decade ago and still linear cable TV exists. Charter still makes money by offering linear cable TV. Comcast , the largest U.S. cable TV provider, owns a slew of cable networks.

Persons: Devin Singletary, Michael Morris, Chris Winfrey, Winfrey, Goldman, CNBC's David Faber, Aaron Rodgers, haven't, Jim Dolan, Dolan, It's, it's Organizations: Buffalo Bills, New York Jets, Highmark, Charter, Disney, Street Journal, Marks, CNBC, Guggenheim Securities, ESPN, ABC, U.S, Cablevision, Comcast, DirecTV Locations: Orchard Park , New York, Goldman Sachs, New York

☆ Why the Republican defense of Trump points to more turbulence ahead
▼ + stars: | 2023-08-22 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +20 min

In the Republican coalition, it is a moment that has culminated decades of change – and one that points to years of turbulence ahead. Overwhelming majorities of Republican voters dismiss the charges against Trump. In Gallup’s latest annual survey of trust in institutions, Republicans expressed less faith in 10 of the 16 measured. Veteran GOP pollster Whit Ayres points to another, more personal, reason so many GOP voters have discounted the charges against Trump. Trump is the Republican most effectively riding that wave now, but it seems unlikely to recede whenever he fades from the political scene.

Persons: Donald Trump, ”, Trump, Tresa Undem, –, Stormy Daniels, “ Trump, …, Ronald Reagan, “ There’s, Amy Fried, Goldwater, Reagan, Fried, Steve Bannon, Eric Plutzer, ” Plutzer, Hillary Clinton, “ Efrem Zimbalist Jr, Plutzer, “, MAGA, Undem, ” Trump, He’s, ” he’s, George Floyd, It’s, ” Robert P, Jones, winks, ’ Trump, ” “ MAGA, ” Jones, Daniel Cox, —, ” Cox, Chris Christie, Asa Hutchinson, Will Hurd, Hunter Biden, Cox, wasn’t Hunter Biden, Whit Ayres, ” Ayres, Donald Trump’s, aspersions, That’s, ’, Long Organizations: CNN, Republican, GOP, Trump, Whites, Bright Line, Republicans, CBS, University of Maine, Government, National Rifle Association, NRA, Penn State University, Institute for Democracy, Department, FBI, ABC, Justice Department, Pew Research Center, Gallup, Black, Religion Research Institute, White, American Enterprise Institute, Trump —, Prestige, Senate, Trump . Veteran GOP, “, Democratic Locations: “, Vietnam, stoke, Russia, Manhattan, Fulton County , Georgia, New York, Undem, America

☆ USS Canberra personnel parade in Australia capital amid joint war games
▼ + stars: | 2023-07-23 | by ( ) www.reuters.com time to read: +1 min

SYDNEY, July 23 (Reuters) - United States Navy personnel from a newly commissioned U.S. combat ship paraded through Australia's capital on Sunday, as the two allies carry out war games amid China's military build-up in the region. "It's such an honour and a privilege to be able to do this," Captain of the USS Canberra Blue Crew, Will Ashley, told ABC television. "It's a culmination of not just the ship naming, of honouring the city, but the previous HMAS Canberra that was lost in World War Two." The Australian Capital Territory "Freedom of Entry" parade came after a commissioning ceremony for the USS Canberra on Saturday at an Australian naval base on Sydney Harbour. Under the AUKUS project announced in March, the United States and Britain have agreed to help Australia acquire a fleet of nuclear-powered submarines.

Persons: Will Ashley, Sam McKeith, Stefica Nicol, William Mallard Organizations: SYDNEY, United States Navy, Independence, Royal Australian Navy, U.S, Marine, USS Canberra Blue, ABC, Australian Capital Territory, USS Canberra, Talisman Sabre, Australia, Stefica Nicol Bikes, Thomson Locations: U.S, Guadalcanal, Canberra, Sydney Harbour, Australia, China, United States, Britain, Sydney

☆ Netflix says subscribers to its ads plan have doubled. Meet the 19 execs driving the streamer's aggressive push into advertising.
▼ + stars: | 2023-07-20 | by ( Lucia Moses | ) www.businessinsider.com time to read: +8 min

Netflix said in its 2Q earnings that subscribers to its ads plan have doubled over the previous quarter. Peter Naylor, VP of global advertising salesPeter Naylor, VP, global advertising sales. Netflix has also brought on several directors and other roles in ad sales who've worked at Hulu, Snap, and elsewhere. Chad Rumminger, who focuses on automotive accounts, from automotive ad sales at Twitter. Julie Taylor Green is head of US vertical ad sales; she was TikTok's director of global business solutions before that.

Persons: execs, they're, Jeremi Gorman, Peter Naylor —, Netflix salespeople, Nielsen, DoubleVerify, Kelly Metz, They've, Gorman, Peter Naylor, who've, Naylor, Julie DeTraglia, Kinsey Tamberrino, He's, Hulu playbook, Adam Gerber, Gerber, he's, it's, She's, Asaf Davidov, DeTraglia, Jon Whitticom, Whitticom, that's, Kinsey Osberg Tamberrino, Michaela Giovengo, Valerie Bischak, Doug Brodman, Victoria Morris, Amy Newton, Joanna Read, Eric Berman, Chad Rumminger, Morgan Tully, Nicole Sabatini, Julie Taylor Green, Chris Smutny Organizations: Netflix, Hulu, ABC, Microsoft, Omnicom Media, Yahoo, Gorman's, ABC Television Group, Disney, Comcast, Viacom Media Network, Amobee, Twitter, Google, Amazon, Tech, Gaming, Entertainment Locations: Hulu, TikTok

☆ Solomon Islands PM returns from Beijing, calls Australia 'unneighbourly'
▼ + stars: | 2023-07-17 | by ( ) www.reuters.com time to read: +1 min

July 17 (Reuters) - Solomon Islands Prime Minister Manesseh Sogavare returned to Honiara on Monday after a week-long official visit to China, telling reporters Beijing would provide more budget support, and that criticism by Australia was "unneighbourly". The United States, Australia, New Zealand and Solomon Islands' opposition party have called for Sogavare to publish details of a policing deal signed in Beijing last week, amid concern it will invite further regional contest. read moreSogavare told a press conference on Monday in Honiara that Australia and the U.S. should not fear China's police support for Solomon Islands , ABC Television reported. China had agreed to provide budget support for Solomon Islands, he added. Australia has historically been Solomon Islands' largest aid donor and security partner.

Persons: Manesseh Sogavare, Sogavare, Kirsty Needham, Shri Navaratnam Organizations: Solomon Islands, ABC Television, Thomson Locations: Solomon, Honiara, China, Beijing, Australia, United States, New Zealand, Solomon Islands, U.S

☆ Australia upbeat on global tax talks at G20 in India
▼ + stars: | 2023-07-15 | by ( ) www.reuters.com time to read: +2 min

[1/2] Workers work to install a hoarding board near the venue of G20 Finance Ministers and Central Bank Governors meeting at Gandhinagar in Gujarat, India July 13, 2023. REUTERS/Amit DaveSYDNEY, July 15 (Reuters) - Australian Treasurer Jim Chalmers expressed optimism on Saturday about progress on a long-awaited overhaul of global corporate taxation at a meeting of Group of 20 (G20) nations in India. More than 140 countries were supposed to start implementing next year a 2021 deal overhauling decades-old rules on how governments tax multinational corporations. The rules are widely considered outdated as digital giants like Apple or Amazon can book profits in low-tax countries. The second pillar calls on governments to end competition on tax rates between governments to attract investment, by setting a global minimum corporate tax rate of 15% from next year.

Persons: Amit Dave SYDNEY, Jim Chalmers, Chalmers, Philip Lowe, Sam McKeith, William Mallard Organizations: Ministers, Central Bank Governors, REUTERS, ABC, Reserve Bank of Australia, Thomson Locations: Gandhinagar, Gujarat, India, Sydney

☆ Chinese hackers accessed government emails, Microsoft says
▼ + stars: | 2023-07-12 | by ( ) www.reuters.com time to read: +1 min

LONDON, July 12 (Reuters) - Chinese state-linked hackers have secretly accessed email accounts at around 25 organisations including government agencies in a sweeping cyberespionage campaign, Microsoft said on Wednesday. The hacking group, which Microsoft (MSFT.O) dubbed Storm-0558, forged digital authentication tokens to access webmail accounts running on the firm's Outlook service, Microsoft said in a statement on its website. White House National Security Council spokesman Adam Hodge said an intrusion in Microsoft's cloud security had "affected unclassified systems", without elaborating. "Officials immediately contacted Microsoft to find the source and vulnerability in their cloud service," he added. China's embassy in London did not immediately respond to an emailed request for comment.

Persons: Jake Sullivan, Adam Hodge, James Pearson, Ed Osmond, Emelia, Kevin Liffey Organizations: Microsoft, ABC, White House, White, National Security, Thomson Locations: United States, Western Europe, China's, London, Beijing

☆ Thousands rally across Australia in support of Indigenous reform
▼ + stars: | 2023-07-02 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, July 2 (Reuters) - Thousands rallied in Australia on Sunday to back a campaign to recognise the country's Indigenous people in the constitution ahead of a referendum later this year, after a recent dip in support for the change. Another attendee, Isabelle Smith, said in her opinion the referendum was the most important issue in Australia. "It’ll bring Australians together and I think voting 'Yes' is the most important thing that people can do," she said. Opponents, including some Indigenous people, have said the proposal lacks detail and will divide Australians. Indigenous Australians, who account for 3.8% of the population, face disadvantages including discrimination, poor health and education outcomes and high incarceration rates.

Persons: Anthony Albanese's, Jason Howard, Isabelle Smith, It’ll, Yes23, Rachel Perkins, Sam McKeith, James Redmayne, Jill Gralow, Simon Cameron, Moore, William Mallard Organizations: SYDNEY, Voice, Aboriginal, Torres Strait, Labor, Liberal, Australian, of Social, Sydney, Indigenous, ABC, Thomson Locations: Australia, Sydney

☆ Australia says tougher laws needed on artificial intelligence
▼ + stars: | 2023-06-01 | by ( ) www.reuters.com time to read: +1 min

SYDNEY, June 1 (Reuters) - Australia said on Thursday it planned to regulate artificial intelligence (AI) including a potential ban on deep fakes and realistic-looking but false content, amid concerns the technology could be misused. "Governments have got a clear role to play in recognising the risk and ... putting curbs in place," Husic said. Australia was among the first countries regulate AI, unveiling a voluntary ethics framework in 2018. European lawmakers last month inched closer to pass a law to regulate AI, potentially the world's first comprehensive AI law that could form a precedent among advanced economies. Husic said Australia would also consider banning high-risk elements of AI if there was strong demand for it during public consultations to frame the new laws.

Persons: Ed Husic, Husic, Renju Jose, Stephen Coates Organizations: SYDNEY, ABC, Australia's National Science, Technology, Governments, Thomson Locations: Australia, Sydney

☆ Australian PM backs G7 on 'de-risking' trade with China
▼ + stars: | 2023-05-21 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, May 21 (Reuters) - Australian Prime Minister Anthony Albanese said on Sunday that he backed a Group of Seven (G7) joint statement out of Japan stressing the need to ease reliance on trade with China. Albanese said Australia had "for some time" expressed concern about China's activity, pointing to the "chafing" of an Australian aircraft. In May 2022, a Chinese fighter aircraft dangerously intercepted an Australian military plane in the South China Sea region, according to Australia's defence department. China, firmly opposing the G7 statement, has complained to summit organiser Japan, the Chinese foreign ministry has said. "That clarity should be there before the Prime Minister entertains a formal state visit to Beijing," Shadow Foreign Minister Simon Birmingham told ABC television.

☆ Australia to regulate buy-now-pay-later sector
▼ + stars: | 2023-05-21 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, May 22 (Reuters) - The Australian government said on Monday it would introduce laws that will consider buy-now-pay-later (BNPL) services as a credit product in a bid to protect consumers in a largely unregulated industry. "Best way to do that is to legislate, to regulate as a credit product, so that we can manage some of the risks." But concerns about repayment have been rising as Australia battles high inflation, which now sits at near 30-year highs. Australia, home to about a dozen listed BNPL providers, has about 7 million active accounts that resulted in A$16 billion ($10.9 billion) of transactions in 2021-22, up 37%, data showed. ($1 = 1.4743 Australian dollars)Reporting by Renju Jose in Sydney; Editing by Lincoln FeastOur Standards: The Thomson Reuters Trust Principles.

☆ These 18 top Netflix execs are driving its advertising push under head Jeremi Gorman as the company makes its first big TV upfronts pitch
▼ + stars: | 2023-05-17 | by ( Lucia Moses | ) www.businessinsider.com time to read: +7 min

Peter Naylor, VP of global advertising salesPeter Naylor, VP, global advertising sales. Netflix has also brought on several directors and other roles in ad sales who've worked at Hulu, Snap, and elsewhere. They are Kinsey Osberg Tamberrino, who is Publicis' main point of contact, and who spent eight years at Hulu, rising to director of advertising sales. Chad Rumminger, who focuses on automotive accounts, from automotive ad sales at Twitter. Julie Taylor Green is head of US vertical ad sales; she was TikTok's director of global business solutions before that.

Companies National Indigenous Australians Agency FollowSYDNEY, May 11 (Reuters) - Two key Australian Indigenous leaders opposed to a proposal to constitutionally recognise the country's Aboriginal and Torres Island people joined forces on Thursday in an effort to strengthen their campaign ahead of a referendum later this year. A YouGov poll out last month showed 83% of Indigenous Australians support the referendum, while a wider poll by the Guardian said 60% of Australians will vote for it. Any constitutional alterations in Australia require a national referendum. To succeed, a referendum requires a national majority of votes as well as a majority of votes in at least four of the six states. The conservative Liberal-National opposition coalition will oppose the national vote.

☆ Australian govt rejects concerns budget may worsen inflation
▼ + stars: | 2023-05-10 | by ( Renju Jose | ) www.reuters.com time to read: +2 min

But inflation sits at near 30-year highs of 7.0%, forcing the government to announce relief measures aimed at lowering power bills and easing pressure on consumer prices. "We wanted to take pressure off families whilst we didn't put pressure on inflation," Prime Minister Anthony Albanese told ABC Radio. The budget includes a A$14.6 billion ($10 billion) cost-of-living plan, set to deliver up to A$3 billion in direct energy bill relief for low-income families and small businesses. Treasurer Jim Chalmers brushed aside concerns the support measures could stoke inflation, saying all the relief would not impact the economy at the same time. ($1 = 1.4743 Australian dollars)Reporting by Renju Jose in Sydney; Editing by Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

☆ Australia PM says 'frustrated' over continued detention of Julian Assange
▼ + stars: | 2023-05-05 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Leah MillisSYDNEY, May 5 (Reuters) - Australian Prime Minister Anthony Albanese said on Friday he was frustrated for not yet finding a diplomatic fix over the continued detention of Julian Assange and that he remained concerned about the mental health of the WikiLeaks' founder. "I know it's frustrating, I share the frustration," Albanese told ABC television from London where Assange is being held pending a U.S. extradition case. Assange spent seven years holed up in Ecuador's embassy in London after being offered refuge but was dragged out by British police in 2019. He has been staying in a prison in London while his extradition case was decided. Albanese has been advocating for the release of Assange, who faces a sentence of up to 175 years in a maximum security prison if extradited to the United States.

☆ Australia eases pathway to citizenship for New Zealanders
▼ + stars: | 2023-04-22 | by ( ) edition.cnn.com time to read: +2 min

Australia announced on Saturday a direct pathway to citizenship for New Zealanders living in the country, reversing controversial visa rules a day before a visit by New Zealand Prime Minister Chris Hipkins. Hipkins, set to visit Queensland state’s capital Brisbane on Sunday, hailed the move as “the biggest improvement in the rights of New Zealanders living in Australia in a generation”. “Kiwis taking up Australian citizenship will still retain their New Zealand citizenship. The changes also meant children born in Australia since July to an Australia-based New Zealand parent would be automatically entitled to Australian citizenship, he said. Around 670,000 New Zealand citizens live in Australia, while there are around 70,000 Australians in New Zealand, according to Australia’s Department of Foreign Affairs and Trade.

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