🚀Experts Advocate for 90% Raise in Jobseeker Payments
Good Evening .
👋 I’m Miko and welcome back to the Evening Post Wrap.
You won't want to miss the newest events that are happening in Australia and around the world.
Readers support the publication The Evening Post AU - Delivered fearless reporting to you. Consider becoming a free or paid subscriber to receive updates on new posts and help support our work.
As always, contact me via email, and don't forget to sign up for this newsletter here if you haven't already. Encourage a friend to subscribe as well!
The S&P/ASX 200 closed 107.1 points lower, down 1.39%.
The S&P/ASX 200 (XJO) fell 107.1 points to 7,575.9, 1.41% from its session high and 0.10% from its low. In the S&P/ASX 300 (XKO), advancers trailed decliners 54 to 230.
XJO gained 8.6 points, or 0.1%, for the week. This gain masks the fact that we closed 157 points or 2% below the week's high at 7,724.
All eleven major ASX sectors were down today, with the Information Technology (XIJ) (-0.39%) and Health Care (XHJ) (-0.59%) sectors the least weak, losing less than half of the benchmark. [ Read more - Carl Capolingua ]
💡Evening’s Headlines
The network has reached a confidential settlement with Sydney man Benjamin Cohen, who Seven News incorrectly identified as the Bondi Junction killer on air.
Journalist Peter FitzSimons has been awarded thousands of dollars in compensation for expenses incurred during his unsuccessful defamation lawsuit by former Liberal staffer Bruce Lehrmann.
The government's poverty experts recommend that jobseeker payments be increased to 90% of the age pension and indexed to keep people from having to go "without life's essentials."
🗳️ AUS POLITICS
Premier Jacinta Allan Demotes MP Darren Cheeseman Over Misconduct Allegations
Premier Jacinta Allan has asked South Barwon Labour MP Darren Cheeseman to step down from his position as parliamentary secretary following claims of inappropriate behaviour.
Allan requested Cheeseman's resignation from her senior position due to "allegations of persistent, inappropriate behaviour in the workplace towards staff," according to a statement she released on Friday afternoon. [Read more]
👉 If you're looking to get up to speed with podcasting in Southeast Asia and around the globe in just five minutes, this is the perfect place for you! Just click here.
📠 BUSINESS
Atlassian Co-CEO Scott Farquhar to Step Down for Family and Philanthropy
The software company Atlassian announced that its co-CEO, Australian tech billionaire Scott Farquhar, will retire at the end of August to devote more time to his young family and charitable endeavours.
After an incredible 23 years, Farquhar will step down on August 31 and continue to serve on the board of Atlassian. In a statement, he stated that he wanted to help the technology industry globally, spend more time with his family, and concentrate on philanthropy. [Read more]
🛒 CONSUMERS
Woolworths Group Fined $1.263 Million for Long Service Leave Underpayments
The Melbourne Magistrates' Court found Woolworths Group Limited and its subsidiary Woolstar Pty. Limited guilty of failing to provide more than a thousand employees with over $1 million in long service leave, leading to a total fine of $1.263 million without finding them guilty.
Investigative work by Wage Inspectorate Victoria, which upholds the state's long service leave regulations, led to the prosecution. [Read more ]
🖥️ Technology
DeepL Unveils Write Pro: A Business-Centric AI Writing Assistant
DeepL, which competes with Google Translate and Microsoft Translator, launched a business-focused AI writing assistant.
Introducing DeepL Write Pro, a remarkable tool that serves as a valuable companion to enhance your creative process while drafting. It offers recommendations for selecting words, structuring sentences, refining style, and setting the tone, with the goal of enhancing the text while maintaining the writer's unique voice.
The tool is currently available in English and German, offering customisation options for style (such as business, academic, or casual) and tone (such as friendly, diplomatic, or enthusiastic). Its application extends to various forms of business communication, including internal messages and contracts. [Read more]
💥 Attention, podcasters and Business Owners!
Introducing Podworks.io - the ultimate marketplace for taking your show to new heights. Experience a seamless platform that streamlines your podcast production process, empowering you to create professional-quality episodes with ease.
Effortless Collaboration: Connect with talented audio professionals who can elevate your podcast's production quality.
Comprehensive Services: From editing and sound design to marketing and monetization, find all the resources you need to thrive in one convenient place.
Join the thriving community of podcasters who trust Podworks.io to simplify their journey. Sign up today and unlock the full potential of your show!
🌎 World Tonight
There are indications from some Hamas officials that if the Palestinians are granted an independent state in the territories that Israel took during the 1967 war, the militant group may abandon its armed resistance against Israel. [CNN]
The investigation into whether Tesla's recall of over 2 million cars, which was announced in December to install new Autopilot safeguards, is sufficient was announced by US auto safety regulators on Friday. [REUTERS]
The importance of "responsibly managing" the differences between the United States and China was emphasised by U.S. Secretary of State Antony Blinken during his meeting with Chinese President Xi Jinping and senior Chinese officials on Friday. The two countries were at odds over a number of divisive bilateral, regional, and international issues. [AP]
🏅 Fact Check
Islamic terror's renewed threat to Putin’s strongman image
Vladimir Putin’s reputation was built on fighting terrorism, yet a month after the deadly Crocus City Hall attack, his policies make Russia more exposed to it.
Vladimir Putin relies on his identity as a man focused on Russia's security and in particular fighting terrorism to cement the legitimacy of his control over Russia.
For the former KGB operative, it is an easy role to play. However, with the failings of Russia's security apparatus in stopping the Crocus City Hall attack one month ago, the increasingly fertile ground for jihadi recruitment in Central Asia is a growing threat to Putin. [ Read more]
📰 Good News, Inspiring, Positive Stories
A GREAT AUSSIE HIKE FOR MENTAL HEALTH
Volunteers from the Rapid Relief Team (RRT) will be there every step of the way as more than 1,100 Victorians take part in the Great Aussie Hike through the Wombat State Forest today and tomorrow.
Now in its fourth year, the Great Aussie Hike is an initiative that brings people together through outdoor adventure, exercise, and camaraderie with funds raised to go towards supporting mental health through Beyond Blue. Hikers in teams of five will participate in 30km, 50km, 80km or 100km courses.
RRT Kyneton Local Team Leader James Thomas said 33 volunteers will be providing refreshments and meals at six sites along the track.
“We’ll be serving up everything from muesli cups and fruit to our Signature Burgers, sausage sandwiches and chicken wraps, and of course plenty of bottles of water,” James said.
“This event is a great initiative that brings people together and gets them outdoors and amongst nature working together for a good cause.”
Dynamic duo Anna Brown and Luke Stephens founded the event in 2020 with the goal of improving the mental health and wellbeing of their community after long periods of isolation during the Covid-19 lockdowns. [Read more]
Nothing is free like a free press. Give now to help sustain independent journalism in your community.
It's evident from recent events that there has never been a better moment to support local news. Donate now to help sustain independent reporting.
Got a News Tip?
Contact our editor via Proton Mail encrypted, X Direct Message, LinkedIn, or email. You can securely message him on Signal by using his username, Miko Santos.
More on The Evening Post AU
Get Evening Post Wrap - for nightly bite size news around Australia and the world.
Podwires Daily - for providing news about audio trends and podcasts.
Podwires Asia - for reporting on podcasting and audio trends in South East Asia
There’s a Glitch - A weekly tech news and scam and fraud trends
Anti - A __ - The world's and Asia's most inventive advertisements and news.
The Freeman Chronicle Podcast - features expert interviews on current political and social issues in Australia and worldwide.
That Podcast Exchange - This podcast is an insightful conversation with people at the top of their game and deconstructs them to find the tools, tactics, and tricks to help you achieve your dream goal as Podcast Manager.