• Get our breaking news email, free app or daily news podcast

Coalition says it’s good Hanson and One Nation getting the scrutiny of a party on the rise

Kevin Hogan, the shadow assistant treasurer, says he thinks it’s good Hanson was able to speak at the press club yesterday as One Nation “needs to be put under much more scrutiny” amid surging support.

The GetUp stunt completely backfired, it makes them look like [bullies] and makes her look like, you know, a victim in the sense that she’s being picked on. And that never works.

One Nation have tapped into, I think, to some fear and anxieties in the Australian public, and I think we have to acknowledge that. I certainly don’t agree with all the solutions that she puts out there, but look, I think it was healthy that she front up and that she was invited yesterday.

If you’re coming to Australia to have a better life, you become an Australian. That’s what we’re referring to as a monocultured Australia. You’re an Australian first, and your ethnicity or your creed comes second …

The reality is, we’re a Christian Judeo society with a law structure around us, and they’ve come with one clear objective: to have a better life. And that one clear objective should be, if they want to have a better life here, is to live within our culture and live within our laws and rules.

It was direct shooting. It hit the targets. It was clear. It was successful. And it addressed a number of the elephants in the room … So the speech hit the target for where Australians are today.

Continue reading...

© Photograph: Sky News

© Photograph: Sky News

© Photograph: Sky News

New Federal Reserve Chair Kevin Warsh said Wednesday the central bank will move away from forecasting its future action under his leadership. In announcing its decision to hold interest rates steady, the Federal Open Market Committee (FOMC) opted not to include forward guidance. The panel typically provides information about the “likely future course of monetary policy,” in its…

New Federal Reserve Chair Kevin Warsh said Wednesday the central bank will move away from forecasting its future action under his leadership. In announcing its decision to hold interest rates steady, the Federal Open Market Committee (FOMC) opted not to include forward guidance. The panel typically provides information about the “likely future course of monetary policy,” in its…

What role will artificial intelligence play in business development and daily life? It’s one of the questions dominating this year’s Vivatech, Europe’s biggest event focused on startups and innovation. Our business editor Kate Moody sat down with Julia White, Vice President and Chief Marketing Officer of Amazon Web Services, to find out about the tech giant’s new AI shopping assistant, what jobs AI can and cannot do, and how to bring more women into leadership positions in Silicon Valley.

Nvidia CEO Jensen Huang is emphasizing society must change with the development and increased use of artificial intelligence, urging all individuals to engage with the technology. “We need to create new social norms,” Huang told The Associated Press in an interview Tuesday. “I would advocate that everybody use AI. Just go engage it,” he said,…

Nvidia CEO Jensen Huang is emphasizing society must change with the development and increased use of artificial intelligence, urging all individuals to engage with the technology. “We need to create new social norms,” Huang told The Associated Press in an interview Tuesday. “I would advocate that everybody use AI. Just go engage it,” he said,…

The Tory leader will call for the Financial Service Ombudsman to be replaced in a speech on Thursday.

© PA Wire

Amazon founder Jeff Bezos on Wednesday said he thinks artificial intelligence will create a shortage of labor rather than replacing human labor. Bezos and Blue Origin CEO David Limp were both in attendance at the VivaTech technology conference in Paris, where former NASA astronaut Mike Massimino asked the pair about implementing Bezos’s new AI startup…

Amazon founder Jeff Bezos on Wednesday said he thinks artificial intelligence will create a shortage of labor rather than replacing human labor. Bezos and Blue Origin CEO David Limp were both in attendance at the VivaTech technology conference in Paris, where former NASA astronaut Mike Massimino asked the pair about implementing Bezos’s new AI startup…

Open markets committee says ‘economic activity is expanding at a solid pace’ in first meeting under new chair Kevin Warsh

The US Federal Reserve left interest rates unchanged for the fourth time this year after its first meeting under new chair, Kevin Warsh, a Donald Trump appointee who has taken over the central bank during a tumultuous time for the US economy.

“Economic activity is expanding at a solid pace despite elevated uncertainty that owes, in part, to the conflict in the Middle East,” the Fed’s open market committee said in a short statement. “Productivity growth and capital investment are strong. Job gains have kept pace with the workforce, and the unemployment rate has changed little.”

Continue reading...

© Photograph: Evelyn Hockstein/Reuters

© Photograph: Evelyn Hockstein/Reuters

© Photograph: Evelyn Hockstein/Reuters

The Trump administration is paying yet another company to give up the right to build wind energy offshore, saying the firm will invest in gas plants and geothermal energy instead. The Interior Department announced Wednesday that it reached a settlement agreement with affiliates of Invenergy to give up four offshore wind leases off the costs…

The Trump administration is paying yet another company to give up the right to build wind energy offshore, saying the firm will invest in gas plants and geothermal energy instead. The Interior Department announced Wednesday that it reached a settlement agreement with affiliates of Invenergy to give up four offshore wind leases off the costs…

In Shenzhen, workers at IO-AI Tech control humanoid robots using a VR rig reminiscent of Ready Player One.

The Federal Reserve held interest rates steady Wednesday at Chair Kevin Warsh’s first rate-setting meeting since taking the reins of the central bank. In a unanimous decision, the Federal Open Market Committee (FOMC) maintained its baseline interest rate at a range of 3.5 percent to 3.75 percent. It marks a shift from the panel’s divided…

The Federal Reserve held interest rates steady Wednesday at Chair Kevin Warsh’s first rate-setting meeting since taking the reins of the central bank. In a unanimous decision, the Federal Open Market Committee (FOMC) maintained its baseline interest rate at a range of 3.5 percent to 3.75 percent. It marks a shift from the panel’s divided…

The FTSE 100 closed up 14.40 points at 10,508.61.

© PA Wire

Businesses in the Algarve can now apply for a new €11 million funding programme designed to support productive investment, innovation and job creation across the region. The call for applications,

The post €11 million available for Algarve business innovation projects appeared first on Portugal Resident.

Private members’ bills to crack down on use of Slapps are likely to attract cross-party support

A coordinated push to protect whistleblowers, journalists and victims of sexual assault from being sued by those who wish to silence them has been launched in both houses of parliament.

Two private members’ bills designed to crack down on strategic lawsuits against public participation, known as Slapps, have been introduced by Conservative members within 24 hours of each other, and are likely to attract cross-party support.

Continue reading...

© Photograph: georgeclerk/Getty Images/iStockphoto

© Photograph: georgeclerk/Getty Images/iStockphoto

© Photograph: georgeclerk/Getty Images/iStockphoto

According to industry executives, a pilot would help regulators evaluate whether wallet transactions decline sharply under the proposed limits and allow for course corrections before a wider rollout.

The government's latest savings scheme has a worthy aim – but it may be tackling the wrong problem, says Simon English

© Getty