Students would save $3bn over a decade if Labor changed Hecs indexation date by five months pred 2 urama in 31 minutami Exclusive: Costings commissioned by independent MP Monique Ryan show possible savings for university graduates, as Hecs debts increase by $1bn on Monday Get our breaking news email, free app or daily news podcastUniversity graduates would save more than $3bn over a decade if the government changed the date of indexation on Hecs debts, dubbed a “broken system” in its current form by independent MP Monique Ryan.About 3 million students and graduates will see their Hecs debts increase by $1bn on Monday, when they are indexed by 2.8%. Continue reading...(The Guardian)
Australian home prices fall as experts predict slump could last a year and cut values by 10% pred 2 urama in 31 minutami Buyers abandon auctions and Sydney, Melbourne and Canberra median house prices end May lower than they were at the end of 2025Get our breaking news email, free app or daily news podcastHome prices in Australia’s capital cities have begun to fall, with experts predicting the decline could last at least a year and wipe as much as 10% from values.The median capital city home price fell in May, the first decline since January 2025, as high interest rates and inflation stretched buyer budgets, Cotality reported on Monday. Auction success hit a new low for the year. Continue reading...(The Guardian)
Arm boss in line for billion-dollar payday if chipmaker hits targets pred 2 urama in 41 minutami Proposal requires Rene Haas to steer US-listed British company to ‘exceptional growth metrics’ The chief executive of Arm is in line for a pay package that would make him a billionaire if he hits targets to turn the microchip firm into the UK’s first trillion-dollar company.Arm, which is listed in New York but retains its global headquarters in Cambridge, has proposed a pay scheme for Rene Haas in which he will receive generous annual share awards plus a maximum bonus of $800m if he can hit certain “exceptional growth metrics”. Continue reading...(The Guardian)
Indian man awarded almost £30,000 after UK employer failed to provide work pred 3 urami in 31 minutami Tribunal orders company to pay Shabin Shaji for care work he was not given after coming to UK, in landmark caseAn Indian citizen who came to the UK to work as a care worker through the post-Brexit visa scheme has been awarded nearly £30,000 in a landmark case, because his employer failed to give him a single day of work for a year.An employment tribunal ordered the care company Swan Care Solutions Ltd to pay Shabin Shaji wages for the work he was “ready, able and willing to do”. Continue reading...(The Guardian)
Death of Congolese man renews scrutiny of race relations in Ireland pred 3 urami in 32 minutami Yves Sakila died after being restrained by security guards ‘in broad daylight’Irish authorities have agreed to a second postmortem on the body of a Congolese man who died after being restrained by shop security guards on a Dublin street, prompting an outcry and comparisons to the death of George Floyd.A forensic pathologist from England is to conduct an independent postmortem this week on Yves Sakila, 35, an alleged shoplifter who was pursued and pinned to the ground in the city centre on 15 May. The police force, An Garda Síochána, is investigating. Continue reading...(The Guardian)