Follow the day's financial news and insights from our specialist business reporters on our live blog.Transurban hasn’t “started to hike tolls repeatedly”, it can only increase tolls in-line with the terms of the concession, which are set by government regulation.
In a separate pre-election pledge the NSW government said it would make public key parts of secret contracts with toll companies like Transurban, bringing the state into line with Victoria and Queensland.NSW Roads Minister John Graham said the government would release the details soon. Around 14% of over 65s who are still working believe they will never be able to retire, largely due to financial reasons.
A full quarter of people still working at aged 65+ valued work for the social connection and stimulation enough to want to maintain some form of work.Social media site Facebook, in the frame of regulators on multiple fronts, is stepping up on at least one issue. Billionaire miner Andrew Forrest has ended up taking Meta to court in California after being unable to get them to take the issue seriously.
When Meta shut down its facial recognition system in 2021, deleting the face scan data of one billion users, it cited "growing societal concerns". In August this year, the company was ordered to pay Texas $1.4 billion to settle a state lawsuit accusing it of collecting biometric data illegally. "The U.S. presidential election is increasingly becoming the main market focus as the date inches nearer. Polls still show no clear favorite, but. With the Harris honeymoon officially over, the Trump trade is gaining traction again.
"Moreover, Trump’s immigration plans, which involve the deportation of millions of workers, would create severe labor shortages. In industries already struggling with tight labor markets, this would fuel wage inflation and reduce productivity, pushing prices higher and reducing potential GDP growth. Mr White’s legal pursuit of Linda Rogan has revealed the pair had a sexual relationship that was discovered by his wife Zena Nassar.
Our need for chips to power devices, machinery and industry has become evident since a COVID crush exposed our reliance on a small number of manufacturers.The average price, nationally, of one litre of unleaded fuel is down one cent from a year ago: it's now 173.2 cents. The local share price index futures fell 0.8%, a 36.4 point discount to the close of the underlying ASX 200 index.After disruptions hit some Westpac and Commonwealth Bank customers, a finance and risk management expert has advised Australians to take matters into their own hands.
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