EV myths drive Aussies wrong way down electric avenue
Despite the untruthful claims, more than one in three Australians on average went along with the assertions (35 per cent) - slightly lower than the average across all four nations (36 per cent).
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West Australian
37 minutes ago
- West Australian
Anthony Albanese says Labor will fight ‘frustration' in government and deliver on election promises, in National Press Club address
Anthony Albanese will use his first major speech since winning a second term to promise to fight against growing cynicism and 'frustration' in government. The Prime Minister will put forward his second-term agenda in an address to the National Press Club in Canberra on Tuesday, vowing to 'make a real difference to people's lives'. That includes delivering on Labor's policies to boost bulk-billed GP appointments, decrease student debt and other cost-of-living measures. While he will acknowledge the 'significant global uncertainty' and 'economic instability' currently underpinning the world, he says Labor will be a 'practical and positive alternative' and delivers on its 'vision for a stronger, fairer Australia'. 'It is the more corrosive proposition that politics and government and democratic institutions, including a free media, are incapable of meeting the demands of this moment,' he is expected to say. 'Our responsibility is to disprove it. 'To recognise that some of this frustration is drawn from people's real experience with government – be it failures of service delivery, or falling through the cracks of a particular system. 'To counter this, we have to offer the practical and positive alternative.' Mr Albanese's comments on a volatile international environment comes as he is expected to have his first face-to-face meeting with US President Donald Trump when he travels to Canada for the G7 Leader's Summit over the weekend. Labor faces a heavy policy agenda when parliament finally sits on July 22 for the first time since the May 3 election, with Mr Albanese promising to legislate a 20 per cent discount of student debts as its first priority. Mr Albanese will also highlight Labor's election vow to ensure 90 per cent of GP visits are bulk-billed by 2030, progress on reaching net zero emissions by 2050, and its continued target to build 1.2 million new homes through the Housing Accords as other key areas for 'delivery' in Labor's second term. 'Our second term agenda has been shaped by the lives and priorities of the Australian people. And it is built on Australian values,' he will say. 'It is the mission and the measure of a Labor government to give those enduring ideals of fairness, aspiration and opportunity renewed and deeper meaning, for more Australians. 'To deliver reforms that hold no-one back – and drive progress that leaves no-one behind.' The government will also expand its First Home Guarantee scheme to all first home buyers, regardless of income caps, which allow them to purchase an eligible property with a 5 per cent deposit, while also avoiding lender's mortgage insurance. Labor has also committed to investing $10bn to build 100,000 new homes which will be earmarked for firsthome buyers. Since Labor's election landslide on May 3, it has faced attacks on its plan to bring in a 30 per cent tax on superannuation balances over $3m. While the Greens have already flagged it will work with Labor to most likely pass the tax in the Senate, the Coalition have criticised the policy as a 'grab for revenue'. However Jim Chalmers has rebuked changes to the tax, calling the changes 'modest' and 'methodical,' which will make a 'meaningful difference to the budget'.
Perth Now
39 minutes ago
- Perth Now
Albo's vow to Aussies after landslide win
Anthony Albanese will use his first major speech since winning a second term to promise to fight against growing cynicism and 'frustration' in government. The Prime Minister will put forward his second-term agenda in an address to the National Press Club in Canberra on Tuesday, vowing to 'make a real difference to people's lives'. That includes delivering on Labor's policies to boost bulk-billed GP appointments, decrease student debt and other cost-of-living measures. While he will acknowledge the 'significant global uncertainty' and 'economic instability' currently underpinning the world, he says Labor will be a 'practical and positive alternative' and delivers on its 'vision for a stronger, fairer Australia'. 'It is the more corrosive proposition that politics and government and democratic institutions, including a free media, are incapable of meeting the demands of this moment,' he is expected to say. 'Our responsibility is to disprove it. 'To recognise that some of this frustration is drawn from people's real experience with government – be it failures of service delivery, or falling through the cracks of a particular system. 'To counter this, we have to offer the practical and positive alternative.' Anthony Albanese will outline his vision for his second-term government at the National Press Club on Tuesday. NewsWire/ Martin Ollman Credit: News Corp Australia Mr Albanese's comments on a volatile international environment comes as he is expected to have his first face-to-face meeting with US President Donald Trump when he travels to Canada for the G7 Leader's Summit over the weekend. Labor faces a heavy policy agenda when parliament finally sits on July 22 for the first time since the May 3 election, with Mr Albanese promising to legislate a 20 per cent discount of student debts as its first priority. Mr Albanese will also highlight Labor's election vow to ensure 90 per cent of GP visits are bulk-billed by 2030, progress on reaching net zero emissions by 2050, and its continued target to build 1.2 million new homes through the Housing Accords as other key areas for 'delivery' in Labor's second term. 'Our second term agenda has been shaped by the lives and priorities of the Australian people. And it is built on Australian values,' he will say. 'It is the mission and the measure of a Labor government to give those enduring ideals of fairness, aspiration and opportunity renewed and deeper meaning, for more Australians. 'To deliver reforms that hold no-one back – and drive progress that leaves no-one behind.' The May 3 federal election delivered a thumbing win to Mr Albanese, with Labor securing a significant majority of 94 seats. Jason Edwards/ NewsWire Credit: News Corp Australia The government will also expand its First Home Guarantee scheme to all first home buyers, regardless of income caps, which allow them to purchase an eligible property with a 5 per cent deposit, while also avoiding lender's mortgage insurance. Labor has also committed to investing $10bn to build 100,000 new homes which will be earmarked for firsthome buyers. Since Labor's election landslide on May 3, it has faced attacks on its plan to bring in a 30 per cent tax on superannuation balances over $3m. While the Greens have already flagged it will work with Labor to most likely pass the tax in the Senate, the Coalition have criticised the policy as a 'grab for revenue'. However Jim Chalmers has rebuked changes to the tax, calling the changes 'modest' and 'methodical,' which will make a 'meaningful difference to the budget'.
Business Upturn
an hour ago
- Business Upturn
Refai Builds Tools for Smarter Loan Navigation to Mortgage Brokers
East Brisbane, QLD , June 09, 2025 (GLOBE NEWSWIRE) — As interest rates fluctuate and housing affordability remains top of mind, Refai is helping Australians gain the upper hand in managing their mortgages. It is a fast-growing fintech co-founded by tech veterans Marcus Jovanovich and Michael Eastwood. The company is transforming how people and professionals approach home loan decisions With proprietary AI-powered tools and a clear mission to improve financial wellbeing. Jovanovich and Eastwood, who bring more than 30 years of combined experience in real estate and finance, founded Refai to simplify the mortgage process for homeowners and mortgage brokers. 'We built Refai to deliver actionable insights—tools that break through complexity and help people feel confident in their decisions,' says Jovanovich. The duo built a system that delivers tailored mortgage reduction strategies, helping clients make smarter decisions without the hassles of traditional refinancing. Refai Refai's AI engine analyzes individual mortgage balances, repayment behaviors, interest exposure, and timing in real time. This allows the platform to generate laser-focused mortgage reduction strategies that can potentially cut loan terms by up to 15 years and save users thousands in interest costs. And because it operates outside the conventional refinancing model, there's no need for heavy paperwork, long wait times, or credit checks. The experience is streamlined, data-backed, and user-first. Beyond individual use, Refai's ecosystem serves financial professionals as well. Mortgage brokers and advisors gain instant access to tools like the Mortgage Diagnostic Tool , a fast and intuitive resource designed to assess a client's current mortgage health. In just minutes, brokers can visualize repayment progress, spot inefficiencies, and suggest better repayment pathways. with precision and transparency. The tool empowers advisors to present real solutions grounded in data, not guesswork. For Jovanovich and Eastwood, the end goal isn't just efficiency but also empowerment. By reducing reliance on opaque and shifty lending practices and inaccessible financial jargon, the company offers a smarter way for Australians to pursue effective mortgage reduction strategies, reduce interest, and navigate turbulent housing markets with confidence. The company, however, does not make financial guarantees. Rather, it is driven by transparency, ensuring that everything from its intuitive dashboard to its strategic insights is designed to equip users with more meaningful control over their mortgage decisions. According to the company's website, individuals and mortgage brokers alike benefit from tailored tools that eliminate guesswork, offering simplified pathways to smarter financial outcomes. Refai As market conditions evolve, this fintech venture positions itself not just as a platform for mortgage management, but as a strategic partner to homeowners and mortgage brokers across Australia. It actively reshapes what's possible when advanced technology meets practical, people-first financial thinking. To learn more about Refai's solutions or explore the Mortgage Diagnostic Tool, please visit About Refai Refai is an Australian financial technology company dedicated to transforming the homeownership experience through AI-powered mortgage solutions. Founded by industry veterans Marcus Jovanovich and Michael Eastwood, the company combines advanced technology with deep sector expertise to offer personalized strategies that help Australians reduce their mortgage terms and interest costs. Refai is committed to financial empowerment and innovation, ensuring homeowners have the tools and support needed to navigate their mortgage journeys confidently. ### Media Contact Refai Address: PO Box 7392, East Brisbane QLD 4169 Phone: (1300) 623 590 Website: newsroom: Attachment Refai Builds Tools for Smarter Loan Navigation to Mortgage Brokers Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
