Breakfast News Briefing - 1 November 2024

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Episode Transcript

Speaker 1 (00:00):
Hello from the Amplifying newsroom. I'm Darcy Franklin. Throughout November.
Act police say they will be targeting speeding on the
roads in twenty twenty four. So far, eighteen hundred traffic
infringement notices have already been handed out, with one hundred
and eighty four of those being exceeding the speed limit
by more than thirty kilometers per hour. Student debt is

(00:21):
shaping up to be a hot topic ahead of the
next federal election, with the Labor government teasing a plan
to slash debt by up to twenty percent. Options on
the table include removing indexation, adjusting repayment rates, increasing the
income thresholds for repayments, and pausing repayments for those on
parental leave, along with just wiping a portion off everyone's

(00:43):
student loan. It won't come as any surprise that Ossie's
now facing higher domestic airfes since the collapse of Rex
and Bonza. Data from webjets shows the average return ticket
price between Sydney and Melbourne hiked from three hundred and
eighty five dollars in July to five hundred and thirty
seven dollars in October, an increase of nearly forty percent,

(01:04):
while fares between Melbourne and Brisbane were up fifty five percent.
New figures from the Tax Office have revealed more than
twelve hundred big businesses paid no tax in Australia in
twenty twenty two to twenty three financial year. Authlready say
the businesses are dodging tax for various reasons like making
a paper loss of claiming offsets to reduce their bill

(01:25):
to zero. Three people have been sent to jail after
being busted to frauding the NDIS and the ATO. The
Trio from New South Wales have been sentenced to a
combined twelve years and ten months behind bars after pleading
guilty to making fraudulent claims for non disabled individuals and
false GST refunds. They've also been ordered to repay over

(01:47):
five hundred and seventy five thousand dollars to the Commonwealth.
Google has been ordered to pay Russia more money than
there is in the entire world. The Kremlin fined the
tech giant two Undercillian ruples. That's two followed by thirty
six zeros for restricting state media on YouTube. Relief for

(02:07):
the first home buyers in Canberra with house prices remaining
relatively flat over the past year. New data out from
Proptract showed as zero point zero nine percent decline in
annual growth compared to October lasgar a typical home will
set you back eight hundred and forty five thousand dollars. Still,
for those.

Speaker 2 (02:26):
Looking to buy their first home in Canberra, prices really
haven't done much at all over the past year, but
still prices are up significantly over the past four years,
with the price change since the onset of the pandemic
close to forty percent.

Speaker 1 (02:40):
Prop track Senior economist Eleanor Krae. There the National Museum
has generated twenty seven point seven million dollars in economic
stimulus for the act throughout the Ancient Egyptian Exhibition. It
comes after an independent analysis. With the show running from
December fifteen to twenty twenty three to September eight, twenty four,

(03:01):
is reflecting the Museum's busiest display since records began, attracting
more than two hundred thousand visitors, and a growing number
of Ossie workers are starting to look for a second
job just to make ends meet. Forty four percent say
they need the extra work to meet their household budget,
while thirty three percent want the extra cash as play money.

(03:21):
And that's the latest in the news. We'll have another
update for you right here later this morning.