Vidhya CK

The benchmark S&P/ASX200 index on Monday fell 293.6 points, or 3.7%, to 7,649, its biggest single day drop in four years, since the onset of COVID in May 2020.

The move is seen as a bid to quash allegations of slot hoarding by Australia's two biggest airliners, Qantas and Virgin.

Terrorism threat in Australia is rated on a five-level scale, with "not expected" at the lowest level. "Probable" is mid-level rating, which translates to a 50% chance of an onshore attack or a plan to attack in the next one year.

If appointed, the administrator will have the power to remove 270 officials and manage the union's finances for two years.

Kevin Burrowes, who was appointed PwC CEO in July 2023, revealed about the extra income during the partners' meet in June this year, 11 months after he joined PwC Australia.

Chief health officer Dr Clare Looker confirmed the death of the woman in her 90s, who was hospitalized on Tuesday.

As the 12th largest methane polluter, Australia is ranked ahead of bigger economies like Germany and France.

The Productivity Commission's annual report, Closing the Gap, highlighted that only five of the 19 measures monitored were on track, adding that the lack of data on certain issues, such as access to clean drinking water or domestic violence, made it difficult to make accurate assessments.

The health department has warned that "most cases are arising in people who are normally at greater risk of the infection, however, there are also cases in otherwise active and normally healthy adults."

Consultancy firm Ernst & Young informed the staff on Wednesday that due to the financial crisis, another 250 jobs would be axed and that they would have to wait till a new buyer was found to get paid.

The federal government will act on 172 of the 222 total recommendations from the royal commission's final report, accepting 13 in full and 130 in principle.

"Some airlines have postponed or cancelled some flights. Further flight cancellations and disruptions could occur with little or no notice," the government-run Smartraveller has warned.

Transport Minister Catherine King said the Australian government has readied a contingency plan to support the airline to continue its services; however, she did not promise a bailout package.

Criticism against the government's approach to immigration may not subside, as the opposition members echoed doubts about Burke's ability to enact change.

At the Quad Foreign Ministers meeting, Foreign Minister Penny Wong announced setting up a new cable connectivity and resilience center, which will be staffed by Australian public servants and work with individual Pacific nations.

Speaking at an anti-renewables rally in Sydney, Joyce compared the ballot paper to bullets, and asked the crowd to load the magazine and vote against Albanese and Energy Minister Chris Bowen.

A TGA spokesperson said the three Australia's sponsors -- Baxter Healthcare, B. Braun and Fresenius Kabi -- have indicated the short supply would remain throughout 2024 due to disruption in global manufacturing and increase in demand.

Energy Resources Australia (ERA) had leased the Jabiluka uranium mine for 42 years, and had sought renewal for another 10 years, which was rejected by the NT government on Friday.

Craig Keogh's medical conditions included pneumoconiosis or black lung, silicosis, chronic obstructive pulmonary disease and emphysema.

Paying tribute to the outgoing ministers, Prime Minister Albanese said, "I am proud to call them my friends. I'm proud to have witnessed firsthand their passion for this nation, their determination to leave the country better for their contribution as members of parliament and as ministers."

Foreign minister Penny Wong said, "The individuals sanctioned today have been involved in violent attacks on Palestinians. This includes beatings, sexual assault and torture of Palestinians resulting in serious injury and in some cases, death."

The Electoral Commission of Queensland stated there was no regulation that addressed the use of AI, but does "regulate the publication of any false statements of fact regarding the personal character or conduct of a candidate."

SA Health revealed that the most caffeinated beverage contained 300 milligrams of caffeine in each 473ml can, which was equivalent to the caffeine content in nine cans of Coca Cola.

"Although interest rate increases would normally lead to a higher level of mortgage stress, the stage 3 income tax cuts delivered to millions of Australians in early July are set to have a larger impact in driving down mortgage stress over the next few months," Roy Morgan CEO Michele Levine said.

"This is a strategic move from NAB in a bid to test whether there's any appetite among borrowers to revert back to fixing. A big bank fixed rate that starts with a '5' is likely to turn at least a few heads, particularly among those worried about the prospect of further cash rate hikes," financial expert Sally Tindall stated.

Australia's Home Affairs Minister Clare O'Neill said the impact caused by the outage could last "one to two weeks."

According to latest Newspoll survey, only 28% voters nominated Albanese or Dutton ahead of five other chosen candidates.

The court found that Amex breached the DDO as a credit card issuer as it distributed two of its credit cards at the stores of the luxury brand between May 25 and July 5, 2022, without determining the target market.

NAB, Westpac, ANZ, Commonwealth Bank, Bendigo Bank and Suncorp stated their functioning was impacted by the outage.