May 24, 2025
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Home Breaking News (page 2)

Breaking News

Breaking News

National house prices lift in April and expected to keep rising amid rate cuts

By 
in :  Australia, Breaking News

House prices are on track to continue rising across the country as interest rates fall and supply continues to remain tight. As voters head to the ballot box prepared to cast votes on the issue of housing affordability, data from Cotality (formerly CoreLogic) shows that house prices trended higher in April. Its national Home Value Index recorded a third straight …

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Voters split on which leader better to manage Trump, as trust in US falls to record lows

By 
in :  Asia, Breaking News

Voters are split on whether Anthony Albanese or Peter Dutton is better equipped to deal with Donald Trump, according to a new poll, as Australians’ trust in the United States drops to two-decade lows following the president’s return to the White House. The Lowy Institute survey found 34 per cent of respondents thought Mr Albanese would be better at managing …

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A special Good Friday for Australia’s Christians, while locals enjoyed a seafood feast and Easter egg hunt

By 
in :  Australia, Breaking News

This year marks a special Easter for Australia’s Christian community, with Catholics celebrating a Jubilee Year and both Western and Orthodox churches sharing, rather unusually, the same dates for the religious holiday. And of course, it wouldn’t be Good Friday without a seafood feast. Good Friday on a Catholic Jubilee Year In the City of Churches, Catholic parishioners gathered at …

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Peter Dutton says he will help his children with a house deposit ‘at some stage’

By 
in :  Australia, Breaking News

Opposition leader Peter Dutton has confirmed he will help his children with a housing deposit “at some stage”, while acknowledging many Australians won’t have that luxury. On Monday, Dutton took his son Harry out on the campaign trail and appeared to dodge questions from reporters about whether he would provide his children with financial support to help them buy a …

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After steep premium hikes, Australia’s insurance companies post $6.1 billion profit

By 
in :  Australia, Breaking News

Insurance companies have collectively banked $6.1 billion in annual profit after raising premiums and facing fewer significant weather events. Australia’s insurance industry recorded an annual after-tax profit of $6.1 billion in 2024, according to financial consultancy firm KPMG’s annual review of the sector. That’s three times higher than the five-year average of $2 billion. There were no weather catastrophes in …

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‘It’s what people expect’: Albanese’s announcement on his future

By 
in :  Australia, Breaking News

At the halfway point of the election campaign, the prime minister has sketched out a re-election plan that involves him serving a full three years and then seeking a third term in office. If Labor leader Anthony Albanese wins the 3 May election, he will be the first leader since John Howard to maintain a grip on power and be …

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The Australians ‘worst off’ after US tariffs — despite multiple interest rate cuts being flagged

By 
in :  Australia, Breaking News

Donald Trump’s tariffs could impact Australians of various age groups differently — as Treasurer Jim Chalmers flags multiple interest rates are likely. During a press conference on Monday, Chalmers said escalating trade tensions had cast a dark shadow over the global economy. Following the United States president’s tariff announcement last week on trade partners , including Australia, there has been …

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‘We made a mistake’: Peter Dutton walks back work from home policy

By 
in :  Australia, Breaking News

Opposition leader Peter Dutton has apologised after admitting the Coalition’s election policy to stop working from home arrangements for public servants was a “mistake”. After initially vowing to bring back public servants to the office five days per week if it won government, the Coalition now will not change the current flexible working from home policies, and there would be …

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‘More support for young people’: Labor promises $1 billion for mental health

By 
in :  Australia, Breaking News

A re-elected Labor government would invest $1 billion into mental health services across Australia, in what the nation’s peak mental health body has labelled a “landmark investment.” The commitment includes $225 million to deliver 21 new Medicare Mental Health Centres and upgrade 10 centres across the country, many of those in regional centres. There would also be $200 million to …

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The $231 million cost to Australian teenagers that’s ‘alarming and shocking’

By 
in :  Australia, Breaking News

Australians under the legal gambling age are losing a staggering $18.4 million a year to gambling. The latest findings released by The Australia Institute reveal that almost one in three young people aged 12 to 17 have engaged in some form of gambling. When the data is expanded to include 18 and 19-year-olds, the estimated annual spend balloons to a …

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The World Observer Media produces a daily online newspaper, a daily Arabic online newspaper and a monthly printed Arabic/English magazine and a weekly printed Arabic/English newspaper. The World Observer Media’s mission is to entertain and educate all generation from the Ethnic Communities in Australia, who are interested in local, national and foreign information.

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