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Australia Sets Ambitious Goal To Produce 15 Million Tonnes Of Renewable Hydrogen By 2050

With more than 20% of the global hydrogen projects announced in Australia, and AU$200 billion worth projects in the pipeline, the country is expected to be a global leader in the green hydrogen sector.

Sydney To Set Up AU$25 Million Hydrogen Center Of Excellence For Future Apprentices
Fortescue Will Axe 700 Senior Corporate Roles As Mining, Energy Divisions Merge

Australian Government Proposes AU$50M Fines For Banks, Tech Firms Over Failure To Prevent Scams
Under the new draft, the role of Australian Financial Complaints Authority has been expanded, giving access to victims to seek compensation from the digital platform, telco, or the bank.
Qantas Hikes Domestic Flight Fees, Changes And Cancellations To Cost AU$119 From October
Despite declaring a AU$2.08 billion pre-tax profit for the fiscal year 2023–24, Qantas raised the change and cancellation costs for domestic flights to $119, beginning Oct. 9.
Star Entertainment Faces AU$100M Fine, License Cancellation Over Compliance Breaches
Despite the allegations leveled against it, the casino has been permitted to continue operating under the supervision of a regulator-appointed manager.
Musk Brands Australia 'Fascists' After Move To Fine Tech Giants
Tech mogul Elon Musk has likened the Australian government to "fascists", attacking proposed laws that would fine social media giants for failing to stem the spread of misinformation.

Support For Trump, Questions For Harris In Pro-fracking Pennsylvania

For Pennsylvania farmer George Wherry, 85, fracking for natural gas under his otherwise bucolic fields means greater economic "freedom" -- one of the many reasons he'll be voting for Donald Trump in November.

WAR IN UKRAINE

British Prime Minister Keir Starmer made his first visit to the White House in July

Biden, Starmer To Discuss Long-range Weapons For Ukraine

The leaders of Britain and the United States meet Friday in Washington on whether to let Kyiv fire Western-provided long-range missiles into Russia, an option that has sent tensions soaring with Moscow.

Economy in Focus

Most Markets Rise As Traders Gear Up For Fed Rate Cut
Asian markets mostly rose Friday while the yen sat around nine-month highs and gold hit a record after another healthy day on Wall Street as investors gear up for an expected US interest rate cut next week.
Former Qantas CEO Alan Joyce Receives AU$3.15 Million Bonus Amid Criticism
Father's Day Boosts Hospitality Spending In Australia, But Experts Warn Spike Could Be Temporary

More News

Australia Unveils Bill To Fine Tech Platforms 5% Of Global Revenue For Misinformation Failures
The bill also grants additional power to the Australian Communications and Media Authority (ACMA) with information-gathering, record-keeping, code registration and setting standards.

Microsoft Cutting More Jobs From Its Gaming Unit

Microsoft is cutting about 650 more positions from its gaming unit as it continues to tighten its belt following the blockbuster buyout of "Call of Duty" maker Activision Blizzard.