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- Australia and the UK denounce cyberattacks sponsored by China.
Australia and the UK denounce cyberattacks sponsored by China.
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- Miko Santos and the Team
An underwhelming outcome considering our close proximity to yesterday's all-time high. Only the gold, energy, and staples sectors closed with gains today. Today's underperformance can be attributed to the rising market rates in the US. Investors seem to be toning down their enthusiasm from last week's optimism regarding the US Fed's projection of "3 rate cuts in 2024". This contributed to the tech and telecom stocks ranking near the bottom of the sector losses table. These stocks are particularly vulnerable to even the slightest hint of higher interest rates.Resource companies faced ongoing challenges and contributed significantly to the day's poor individual performances. Stocks of lithium, uranium, and copper faced significant challenges, driven by changes in commodity prices as well as company announcements and broker downgrades. [ Continue to read]
š”Eveningās Headlines
Crown Resorts will be allowed to keep operating Victoriaās only casino after the stateās gambling and casino regulator found it was in the public interest. It follows a lengthy probationary period imposed by a royal commission that identified systemic failings at Crown.
In a joint statement, Penny Wong and Clare O'Neil expressed serious concerns about malicious cyber activities by China state-backed actors targeting parliamentarians and UK democratic institutions.
Despite objections that it violates human rights duties, legislation forcing hundreds of noncitizens to assist in their own deportation or risk imprisonment has been hurried through the lower house.
š³ļø AUS POLITICS
Rebecca White quits as leader of Tasmanian Labor party
Rebecca White announced on her official Facebook page that she was leaving her position as leader of the Tasmania Labour Party.
Today I have announced that I am stepping down as Leader of the Labor party.
It has been an enormous privilege to hold this position and I am grateful for the support of my colleagues and our broader membership for so many years.
I am proud of the campaign we ran this election and the work so many across our movement put in to try and deliver a change of government. Unfortunately we fell short and as leader I take responsibility.
It is time for a new leader to take on the opportunity of guiding our great party with the ambition to form government at the next election.
There are so many people I would like to thank for their kindness, support and mentorship over the years. There are too many to list but I want to pay particular thanks to my family who have stood with me throughout the highs and the lows. Mia and Hudson have never known a time when I wasnāt busy with my work and I look forward to spending more time watching them grow up and eating too much chocolate with them this Easter.
Thank you to my colleagues in the PLP for their care and support over the years. Together we have worked to develop a culture that is respectful and consultative and with capacity to deliver great improvements for our state. In particular I want to thank Anita Dow who has worked side by side with me as Deputy over the past three years and for whom I have the highest respect, admiration and appreciation.
I also want to thank my staff. I feel incredibly lucky to have worked with some of the of the most genuine and dedicated people I have ever met. Every day I am inspired by their work ethic, professionalism and their motivation to make a difference to improve the lives of Tasmanians.
Thank you also to the membership and the affiliates of the Tasmanian Labor party for their support over many years. Ours is a great movement and I am constantly in awe of those who give so much to make a difference, in particular all the volunteers who give countless hours to progress our ideals and values.
Finally, I would like to thank very much the people of Lyons for placing their trust in me again. I will continue to work on their behalf in the Tasmanian Parliament and my office in Sorell remains open and accessible.
Thank you for all the messages and calls today too. Itās deeply appreciated.
Bec
š BUSINESS
Crown reprieve must be 'last chance saloon' Increased regulation and fines have protected casino customers and reduced gambling harm - Alliance for Gambling Reform
After another reprieve from the State's casino regulator, Melbourne's Crown Casino operators are āon noticeā to not violate their licence. Carol Bennett, CEO of the Alliance for Gambling Reform, said Crown should realise it is āthe last chance saloonā to improve operations and protect consumers. āThe State Government and VGCCC have protected consumers from the significant harm identified by the Royal Commission. They have tightened regulation and are willing to fine Crown licence violators hundreds of millions, Ms. Bennett said. Today's decision shows that the regulator believes Crown's response has restored faith and allowed them to keep their licence. But they are on notice if the regulations are broken again.ā However, Ms. Bennett raised concerns about the Crown Casino's size, which is twice that of Las Vegas casinos. This massive downtown casino phenomenon in Australia is worrisome. It means one operator can cause massive gambling harm. It makes it even more important for regulators to ensure operators don't violate licences, Bennett said. [Continue ]
š„ļø Technology
Canva buys design platform Interest in providing professional design tools to all organisations
The award-winning creative software suite Affinity, which is used for professional photo editing, illustration, graphic design, and page layout, has been acquired by Canva, the only all-in-one visual communication platform in the world. The acquisition greatly advances Canva's goal of creating the most complete collection of visual communication tools globally. Canva has grown rapidly over the past ten years among the 99% of knowledge workers who lack design training, but the inclusion of Affinity's professional design software now allows access to the full range of designers at all skill levels and phases of the design process. The acquisition also accelerates Canva's enterprise ambitions, opening the door to a future where professional designers can create designs and templates with Affinity to scale across organisations with Canva, as visual communication becomes the norm in teams and organisations worldwide. [ Continue ]
š World Tonight
The UN Security Council on Monday passed a resolution demanding an immediate ceasefire for the month of Ramadan, the immediate and unconditional release of hostages and "the urgent need to expand the flow" of aid into Gaza. There were 14 votes in favour with the United States abstaining.
After a big ship struck the US city of Baltimore's Francis Scott Key Bridge, it caught fire, collapsing and sending numerous cars plummeting into the Patapsco River below.
The founder of WikiLeaks, Julian Assange, has been given a reprieve in his battle against extradition to the US after two judges allowed him to file an appeal against his deportation from the UK, but only in the event that the US and the UK are unable to give the court adequate guarantees.
US and British officials have charged, sanctioned, and chastised Beijing over a cyber espionage campaign that allegedly targeted millions of politicians, academics, and journalists.
The Kremlin defended its security services for failing to prevent a brutal attack at a Moscow concert hall that killed at least 139 people as four men appeared in court on terror charges.
Two anonymous officials told the AP on Monday that US law enforcement agents have searched Sean "Diddy" Combs' Los Angeles and Miami properties as part of a New York sex trafficking investigation. They were not authorised to discuss the investigation.
š SPORTS
Craig Goodwin makes headlines The Socceroos thrashed Lebanon in their second World Cup qualifying match.
With two goals and two "in spirit" assists in his team's 5-0 victory over Lebanon, Craig Goodwin solidified his place as one of the Socceroos' most vital attacking sources on this particular night.
