BoM provides El Niño update – as it happened

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Birmingham says China ‘doesn’t appear to be acknowledging the facts’

Shadow foreign minister Simon Birmingham is speaking with ABC RN and is asked about sonar pulses from a Chinese warship that left one Australian naval diver injured.

The Australian navy and Australian defence force operates always with professionalism, and I’m confident that Australia’s version of events is a credible.

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Australian renters facing ‘pre-application’ for properties before inspecting

Applicants asked for proof of identity, rental and financial history, and references, with some listings being snapped up before first showing

Renters looking for new homes are being forced to “pre-apply” before inspecting properties, a process that can take hours and involves providing personal details, financial information and references.

Cassandra, who did not want her last name published, is looking for a place to rent in Melbourne after getting a job in the city. She said several listings she has come across during her search asked for pre-applications.

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Australians who lost welfare under 1990s student loan scheme have cause for class action, expert says

Andrew Grech says action could be pursued if implications of SFSS loans were misrepresented to people when they signed up

Recipients of a dumped welfare scheme that enticed low-income students to trade away their right to welfare have cause to mount a class action, a senior legal expert says.

The Australian government is still chasing $2bn of debt from more than 140,000 former students who signed up to the student financial supplement scheme (SFSS).

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Calls to reform Australia’s student debt scheme as loan holders face ‘deeply unjust’ 7.1% rise

Millions of Australians face a hike in their Help and Hecs loans when indexation is added on 1 June, the highest increase in decades

Australians with student debt face the highest increase in decades from 1 June, leading to calls from a growing group of MPs and advocates for the government to urgently reform the repayment system amid the cost-of-living crisis.

The March quarterly figures, released by the Australian Bureau of Statistics (ABS) on Wednesday, revealed the consumer price index (CPI) for the first three months of 2023 was at an annual rate of 7%, down from the 32-year high in December of 7.8%, but up on last March’s 5.1%.

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Australians report record $3.1bn losses to scams, with real amount even higher, ACCC says

Investment fraud amounts for biggest share at $1.5bn, followed by remote access and payment redirection rorts

Australians lost a record amount of more than $3.1bn to scams in 2022, up from the $2bn lost in 2021, a new report from the Australian Competition and Consumer Commission has revealed.

The Targeting Scams report, which compiles data from Scamwatch, ReportCyber, major banks and money remitters, was based on an analysis of more than 500,000 reports.

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Australia’s soaring interest rates have trapped ‘mortgage prisoners’ into crushing repayments

A growing cohort of pandemic-era homebuyers are also unable to refinance because they no longer meet lenders’ standards

A growing number of Australian have become “mortgage prisoners” – trapped by crippling mortgages they are unable to renegotiate.

This growing cohort of pandemic-era homebuyers are unable to refinance because they no longer meet lenders’ standards after recent rate increases.

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‘Web of lies’: how scammers are taking advantage of Australia’s tight rental market

The ACCC received more than 658 reports about rental and accommodation scams last year, with a reported loss of $544,846

Like many, Aven was desperately looking for a house.

Last October, the 21-year-old was frantically applying for dozens of rental properties – attending inspections, putting in applications and becoming increasingly stressed by the string of rejections.

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Australia should force banks to repay scam victims and adopt better protections, advocates say

Calls for federal government to mandate the checking of account details before money transfers are made

The federal government should take action to force banks to reimburse scam victims and check the account details match up on transactions to stop scams before the money is lost, consumer rights advocates say.

The call comes as Australia’s big four banks pushed back on mandatory reimbursements, arguing they could “inadvertently lead to increases in scam activity” and that customers should keep themselves safe.

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Sydney renter hit by 35% hike as housing crisis sparks calls to cap increases

Tenants’ Union says some form of rent control is needed to alleviate pressure during a ‘nasty’ time in the market

Millie Bannister was already anxious about how much the rental market had skyrocketed in Sydney when she received a letter from her landlord saying they wanted to increase her rent by 35%.

“Last time, it only increased by $60, but now it’s going to increase by $270 a week, which is a 35% increase, and around $12,000 per year. For me and my roommate, two people in their mid-20s, it is not [easy] to wrangle with.”

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Australia’s highest and lowest income suburbs: how does your postcode compare?

Western Australia’s Cottesloe and Peppermint Grove the top-earning area while five of the lowest are in regional NSW

Australia’s highest and lowest income suburbs have been revealed in new data released by the Australian Taxation Office.

The data, based on nearly 15m tax returns from 2019-20, reveals the median income and super balances of Australians in each postcode across the country.

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Seniors are getting slowly strangled by Social Security’s flawed math – here’s how to fix it

As a result of inflation, people on fixed incomes find that their incomes decline in value over time. One extremely important feature of Social Security is that its benefits are adjusted every year automatically to offset increases in inflation so that the modest, but vital, benefits do not erode over time.

Jared Kushner’s legal tax evasion shows how wealthy real estate investors steal from taxpayers

The New York Times published a new report showing how Jared Kushner, President Trump's son-in-law and senior adviser, largely avoided paying any federal income tax between 2009 and 2016. The financial documents the Times reviewed offer a detailed look at how real estate developers like Kushner and Trump manipulate the law to essentially steal millions of dollars - legally - from the American people.

Suffolk police chief deputy makes $309,000 in salary, pension

Suffolk County Police Commissioner Geraldine Hart as Deputy Chief of detectives Robert Oswald, left, and James Skopek 1st Deputy, right, holds a press conference on June 29. Photo Credit: John Roca Suffolk County Police Commissioner Geraldine Hart brought in a trusted colleague from her days as a Justice Department prosecutor in making James Skopek her first deputy commissioner last June. Now, Hart has won approval from the state Civil Service Commission for a waiver making the former Nassau detective sergeant Suffolk's latest double dipper with salary and pension totaling $309,460 a year.

Fraud in Prepaid Benefits Program Hits Pensioners in the US and Overseas

Falklands : Fraud in Prepaid Benefits Program Hits Pensioners in the US and Overseas Submitted by Falkland Islands News Network 04.10.2018 Recent recipients of Direct Express cards which were to facilitate US Benefits recipients overseas have found that their accounts have been drained. Fraud in Prepaid Benefits Program Hits Pensioners in the US and Overseas By J Brock Recent recipients of Direct Express cards which were to facilitate US Benefits recipients overseas have found that their accounts have been drained.