Reserve Bank cuts cash rate to 3.85%

Mortgages and some cost-of-living expenses are set to ease slightly, after a long-awaited interest rate cut. “At its meeting today, the Board decided to lower the cash rate target by 25 basis points to 3.85 per cent,” an RBA statement reads. The RBA decision today was based on moderating Inflation and an uncertain economic outlook. “The Board judged […]

US and Ukraine troops deploying Australian defence innovation

Kord’s ‘centralised point of control’ allows soldiers to easily operate complex body and weapon-worn electronic devices. It was developed with the Australian Army and is now being used on the Ukrainian battlefield. The Rifle Accessory Control Unit (RACU) is ‘push-button control technology’ that enhances a soldier’s lethality and situational awareness, according to Kord. It gives […]

The 5 Australians on Forbes’ list of the World’s 200 Richest

Mining, property, and technology have made the fortunes of Australia’s wealthiest people. Here are the 5 Australians that rank in the Forbes global list of richest people. Whether it is taking things out of Australian dirt, building housing on top of it, or reimagining the way we work and collaborate with teammates, billions of dollars […]