An economics professor and a regional bank chief have been announced as inaugural appointments to the Reserve Bank of Australia's new interest rate-setting board.
The focus of the government should be on increasing housing supply rather than cutting tax concessions for property investors, the Treasury chief says.
Allowing first home buyers to use their super to purchase a home would be one of the worst policy decisions of the last six decades.
The Australian president of CrowdStrike has apologised for the cybersecurity company's role in causing an outage that crippled global IT systems. Friday's outage, which hit an estimated 8.5 million Windows devices worldwide, was caused by a logic flaw in a software update sent by cybersecurity provider CrowdStrike to its customers, the company's Australian president Michael Sentonas told Sky News.
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