The Benefits of Holding an Internship Challenge
Dane Burkholder, managing partner of Roseville Wealth Management, discusses how interns at his firm present financial planning and investment recommendations for a fictitious client to partners who pick a winner. "To really learn, you have to do."
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Daily Telegraph
2 hours ago
- Daily Telegraph
Anthony Albanese 'confident' AUKUS will prevail despite US review into defence pact
Don't miss out on the headlines from News. Followed categories will be added to My News. Anthony Albanese has rejected comments that the Pentagon's review into the AUKUS defence deal threatens the future of the pact, with Australia yet to confirm a face-to-face meeting with US President Donald Trump. Speaking from Nadi, Fiji on Friday afternoon, the Prime Minister said the new Trump administration was entitled to review existing policies, noting the United Kingdom had undertaken a similar process following the election of Labour's Keir Starmer in July 2024. While the US evaluation will assess whether the multi-billion dollar pact remains 'aligned with the President's America First agenda,' Mr Albanese backed its future. 'We are very confident, though, that AUKUS is in the interest of all three of our nations, and that it will play an important role in peace, security and stability around the world, at a time when that is absolutely necessary,' he said. The PM said he was 'very confident' that the AUKUS defence pact would continue despite the current review being undertaken by the Pentagon. Picture: US navy photo courtesy of HII by Ashley Cowan Mr Albanese also sidestepped a question asking whether Labor would bring forward its current plans to lift defence spending to 2.3 per cent of GDP by 2033-34 as a 'sign of good faith' to the US. While current investment is at 2 per cent of GDP, US Defence Secretary Peter Hegseth has called on Australia to boost the figure to 3.5 per cent. Earlier, Coalition defence spokesman Angus Taylor warned Australia had a 'very high price to pay if AUKUS fails,' putting increased pressure on Mr Albanese to meet with Mr Trump. 'What discussions has Richard Marles already had? To what extent is our lack of defence spending a driver of this review? When will the Prime Minister meet with the President to actually discuss this face-to-face?' he said. 'These are questions we need answers to, and they're questions that go to the heart of making sure that AUKUS is a success and that we ensure that we have peace through deterrence in our region.' Mr Albanese met with Fijian Prime Minister Sitiveni Rabuka. Prime Minister Anthony Albanese met with Fijian Prime Minister Sitiveni Rambuka on the first leg of of overseas trip on Friday. Picture: PMO Mr Rabuka said it was a 'great honour to receive the Prime Minister of Australia,' and congratulated Labor on its win. Mr Albanese said Fiji was a 'great friend of Australia,' spruiking the alliance amid growing global fragility. 'We in Australia understand that in today's uncertain world what we need is partners and friends that we can rely on, who are trusted and you, my friend, are a trusted partner and friend of Australia,' he said. 'So this is a relationship about defence and security, about our economy, but most, most importantly, about our people.' The Labor leader also commented on recent developments that Israel had launched strikes on Iran, allegedly killing key military leaders and nuclear scientists. Mr Albanese said it was a 'concerning' escalation in the region and urged Australians not to travel to the area. He said he wanted to see the issue resolved through 'dialogue', commending the US for its 'important role' in peace talks. 13/06/2025 Prime Minister Anthony Albanese arrives in Fiji to meet with Fijian Prime Minister Sitiveni Rambuka. Picture: PMO Mr Albanese was welcomed to the island country on Friday afternoon with Fijian honour guard upon arrival, members of the local greeting party included Fijian Deputy Primeminister Biman Prasad, the Republic of Fiji's Deputy Commander of the Military Forces Commodore Humphrey Tawake and Fiji Police Force Commissioner Rusiate Tudravu. Australia's welcome delegation included our High Commissioner to Fiji and Australia's defence adviser to Fiji Colonel Henry Stimson. Mr Albanese will fly to Seattle on the United States West Coast on Saturday morning, where he is expected to meet with business leaders with a focus on artificial intelligence and other emerging technologies. Originally published as Anthony Albanese 'confident' AUKUS will prevail despite US review into defence pact
Daily Telegraph
5 hours ago
- Daily Telegraph
Costco announces major change for shoppers
In a move that has rattled its U.S. workforce, Costco is set to change its operating hours, raising concerns about potential ripple effects in Australia. From June 30, the retail giant will open its core US warehouses at 9am for executive members, while extending Saturday hours until 7pm for all members. The changes aim to improve shopping experiences for members who often left frustrated by crowded warehouses. The decision, however, has triggered a wave of discontent among employees, who are worried about the impact on their schedules and workload. 'Yall ready for 9am openings?' a concerned customer wrote on Reddit. 'Mainly for the employees. How's your warehouse preparing for 9am openings every day. I hear it's starting June 30th. We struggle to get open on 945, I can imagine it's going to be fun every morning in merchandising. I'm assuming there will be no adjustments to schedules or depot times. Just get it done in less time.' MORE NEWS Why Aldi, Costco keep snubbing this Aussie state Bunnings rolls out surprise new item Inside Australia's haunting mall mystery The question was met with nearly 400 comments from workers eager to sound off on the change. One person admitted that the adjustment in hours has the potential to make things 'infinitely worse' for them. 'I'm in the meat department at Costco. It sucks. I already get there at 5am. Now it will be 4am… What sucks is we also will now open an hour later- 2 hours may not sound like a lot be we already struggle to get certain parts of the day covered and certain things done between opening an night crew. This 2 hour change will make it infinitely worse,' they wrote. Other workers are also struggling to see how the change in hours will benefit them. 'As an employee who drives the cooler 4am to 10 every morning, and front end after, and has a second job to make ends meet and only sleeps 4-5 hours a night, no. No im not,' read one comment on Reddit. 'I hate it. I work in optical and there is no reason we have to be there because nothing is gunna happen. It's for executive members only. So now we are gunna have angry non-executive members too,' another user chimed in. As Costco expands its footprint in Australia, the question arises: could similar changes be implemented here? While there is no current indication of such plans, the U.S. scenario serves as a cautionary tale for Australian workers and consumers. Australian stakeholders, no doubt, will be watching closely, aware that the developments overseas could eventually influence local practices.
News.com.au
5 hours ago
- News.com.au
Apple Execs on AI Setbacks, Siri Delays, iPads and More (Full Interview)
WSJ's Joanna Stern sits down with Apple software chief Craig Federighi and marketing head Greg Joswiak at WWDC 2025 in Cupertino to talk about the future of AI, what happened to Siri, the new Liquid Glass redesign, iPads vs. Macs, tariffs and more.
