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Politics live updates: ANZ bank pushes interest rate cut back until May 2025


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Published in Politics and Government on Thursday, November 28th 2024 at 23:58 GMT by Brian Stokes   Print publication without navigation

  • One of Australia's big four banks has sent a chilling message to borrowers, making a big call on rates before Christmas.

The article from The Nightly discusses the global reaction to Australia's proposed ban on social media for individuals under 16 years old. The initiative, spearheaded by Communications Minister Michelle Rowland, has sparked a mix of support and criticism internationally. Proponents argue that the ban could protect young people from the negative effects of social media, such as cyberbullying, mental health issues, and exposure to inappropriate content. Critics, however, express concerns over freedom of speech, the practicality of enforcement, and the potential for increased digital divide. The proposal has drawn comparisons to similar legislative efforts in other countries, with some nations considering similar restrictions while others advocate for education and better parental controls instead. The debate also touches on the economic implications for tech companies and the potential for a shift in how social media platforms operate in Australia.

Read the Full thenightly Article at [ https://thenightly.com.au/politics/politics-live-updates-world-reacts-to-australias-social-media-ban-for-under-16s-c-16916050 ]

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