Is reducing inequality and increasing social mobility one of Australia's best paths to improving our lacklustre economic productivity performance?
All regional train services in Victoria, Australia, were suspended on Wednesday morning due to a radio network fault, potentially linked to a nationwide Telstra outage. V/Line advised passengers to defer travel as replacement coaches have limited space and no estimated time for service resumption has been provided.
Australian shares are expected to open lower due to escalating Middle East hostilities. US strikes against Iran and the revocation of sanctions relief have caused oil prices to surge, impacting global markets. Wall Street also closed in the red.
Lancelin, Western Australia, faces severe coastal erosion, with a community fundraiser aiming for $150,000 to build an emergency sea wall. Local MP Shane Love criticizes the state government's inaction, while a minister warns a sea wall could impact other coastal areas.
Switzerland and Colombia are headed to extra time in Vancouver after a goalless 90 minutes. Neither team managed to break the deadlock, with a combined expected goals (xG) of just 0.28. Several substitutions were made by both sides in the latter stages of the match.
Telstra's mobile network has crashed, impacting millions of Australians and users of its partner networks. The outage, which began around 5 am AEST, is affecting mobile calls and internet access, though Triple Zero calls are reportedly rerouted. Regional train services in Victoria are also suspended due to a Telstra radio network fault.
A Manhattan high-rise, formerly Pfizer's HQ, is unstable due to buckled columns and sagging floors. Evacuations and road closures are in effect as officials work to reinforce the structure. The building is undergoing conversion to luxury apartments.
