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Tag: 500

  • NAB to slash up to 2,500 jobs in massive restructure | ASX200 LIVE: ASX to fall; Wall Street lift…

    NAB to slash up to 2,500 jobs in massive restructure | ASX200 LIVE: ASX to fall; Wall Street lift…

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    NAB to slash up to 2,500 jobs in massive restructure

    National Australia Bank (NAB) plans to make about 6 per cent of its staff redundant by the end of this financial year. (ABC News: Stephen Cavenagh)

    NAB has announced plans to cut up to 2,500 jobs, or about 6 per cent of its workforce, this financial year.

    NAB chief executive Andrew Irvine said there would be no material impact to customer-facing banking roles.

    Up to 1,500 roles will be cut by the end of the year, NAB said. It will book $300 million in restructuring costs.

    National Australia Bank says it will cut up to 2,500 jobs, or about 6 per cent of its workforce, by mid-2027.

    ASX200 LIVE: ASX to fall; Wall Street lifts on tech rebound

    Australian shares opened lower on Tuesday, failing to catch Wall Street’s overnight rebound in chipmakers following last week’s sell-off.

    The S&P/ASX 200 Index lost 58.5 points, or 0.66 per cent, to 8787.2 as at 10.05am (AEDT), with all but one of the 11 sectors opening in the red. Technology stocks was the only sector in the green, led higher on improved sentiment around artificial intelligence investment.

    Overnight, chip giants climbed 2.8 per cent, pulling the Nasdaq up 1.6 per cent. CoreWeave, which was sold heavily last week, rose 1.6 per cent on a “buy” recommendation from Goldman Sachs. Meta’s earnings report this week will provide the latest gauge of market sentiment on the artificial intelligence trade.

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  • Premier backtracks on 500,000 pothole pledge | Flat out: Mechanic rescues tyre-wrecked drivers | …

    Premier backtracks on 500,000 pothole pledge | Flat out: Mechanic rescues tyre-wrecked drivers | …

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    Flat out: Mechanic rescues tyre-wrecked drivers

    A Highton mechanic is responding to stranded motorists almost weekly as a pothole-riddled Fyansford-Gheringhap Rd leaves drivers with costly damage bills.

    Full Digital Access $1 charged for a duration of 1 month, after which it automatically renews at $35 charged monthly. Renewals occur unless cancelled as per full Terms and Conditions. Each payment, once made, is non-refundable, subject to law. Not in conjunction with any other offer. New customers only. Prices after any early discounted periods may be varied as per full Terms and Conditions. See www.geelongadvertiser.com.au/subscriptionterms for full details

    Full Digital Access 12 Month Plan costs $260 (min. cost) for the first 12 months, charged as $20 every 4 weeks. This automatically renews after the first 12 months to be charged as $20 (min. cost) every 4 weeks. Renewals occur unless cancelled as per full Terms and Conditions. No cancellations during the first 12 months. Each payment, once made, is non-refundable, subject to law. Not in conjunction with any other offer. Prices after the first 12 months may be varied as per full Terms and Conditions. See www.geelongadvertiser.com.au/subscriptionterms for full details.

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    OPINION – GAYLE TIERNEY MP

    Backed by a $352 million boost to the road maintenance budget, this work will help improve road safety, reduce damage to vehicles and ensure our regional road network remains reliable for the communities, businesses and freight operators that depend on it every day.

    With another fire season approaching, it is also reassuring to see continued investment in the emergency services that help keep our communities safe. The Victorian Government has committed $100 million towards new CFA tankers across the state, ensuring our fire crews have access to modern, reliable vehicles.

    The completion of the new CFA stations at Beaufort and Ararat also marked an important milestone. These facilities provide our dedicated firefighters with the resources they need to train, respond and operate effectively during emergency situations. Our CFA members do an extraordinary job protecting lives and property, and they deserve the best possible support.

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  • $500 billion to be wiped off Australia’s debt | Chalmers’ $500b debt turnaround relies on ‘…

    $500 billion to be wiped off Australia’s debt | Chalmers’ $500b debt turnaround relies on ‘…

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    Chalmers’ $500b debt turnaround relies on ‘unrealistic’ forecasts

    Claims in the upcoming Intergenerational Report that Australia is on track for a $500 billion improvement in the federal government’s long-term debt outlook hinge on an overly optimistic assumption about the nation’s productivity potential, economists say.

    They say the report, to be released on Monday, would instead have revealed a deterioration in the federal government’s debt position over the next 40 years had Treasury used a more realistic forecast for productivity growth than its current assumption of 1.2 per cent.

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    Chalmers wipes more than $500b off nation’s debt – in four decades’ time

    Hundreds of billions of debt that would weigh on future taxpayers is likely to be avoided, a long-term forecast on the state of the federal budget will reveal, even as the government faces growing spending pressures and a blowout in the nation’s interest bill.

    The seventh release of the intergenerational report, to be released by Treasurer Jim Chalmers on Monday, will show gross government debt far lower than expected and deep spending cuts in this year’s budget improving the budget bottom line into the 2060s.

    Yet the immediate pressure on the budget is growing with another step-up in the interest rate on Australian government debt amid a global repricing of public debt exposing fiscal problems in the United States.

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  • 500 games, four titles, one remarkable family legacy | Live: Storm host Panthers trying to avoid …

    500 games, four titles, one remarkable family legacy | Live: Storm host Panthers trying to avoid …

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    500 games, four titles, one remarkable family legacy

    It’s clear the Cleary name runs through the streets of Penrith.

    Just outside the Panthers Leagues Club, a giant mural captures one of the most iconic moments in the club’s history – Nathan Cleary and Isaah Yeo holding up four fingers after securing a historic fourth straight premiership.

    It also provides a fitting backdrop for another milestone in the Cleary family.

    It’s an image that tells the story of Penrith’s golden era, led by the milestone man Ivan Cleary, who will coach his 500th NRL game when the Panthers face Melbourne at AAMI Park, becoming just the seventh coach in history to reach the mark. 

    Live: Storm host Panthers trying to avoid third straight loss in Cleary's milestone

    The Penrith Panthers are trying to bounce back from back-to-back losses as they take on the Melbourne Storm in Ivan Cleary's milestone 500th game as a coach.

    Follow all the action in our live blog below, check out all the stats in the full ScoreCentre, and tune in to our live radio coverage.

    Melbourne's dummy half pass hits the deck, but still they almost create the overlap, saved only by Brian To'o knocking down Jack Howarth's pass.

    Maybe the time with one or two players in the bin is already taking a toll. It surely will later in the game, so don't count the Storm out just yet.

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    Nathan or Ivan? If you could choose only one champion Cleary, who do you pick?

    Ivan Cleary, you’ll be shocked to learn, hates having a fuss made over him.

    Even when he’s about to coach the 500th game of his rugby league career, a feat only six other coaches have achieved in 118 years.

    Right now, with a trip to Melbourne and three games left in the regular season, Cleary and his son, Nathan, who also happens to be his champion halfback, are staring up at their latest mountain to conquer.

    How do they recalibrate their attack and win a premiership without Isaah Yeo, who I don’t see taking the field again this season after suffering a significant pectoral injury.

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  • Over 2,500 Organizations Impacted by LiteLLM Supply Chain Attack | Malicious LiteLLM Releases Tie…

    Over 2,500 Organizations Impacted by LiteLLM Supply Chain Attack | Malicious LiteLLM Releases Tie…

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    Over 2,500 Organizations Impacted by LiteLLM Supply Chain Attack

    LiteLLM was compromised through the Trivy hack and abused to distribute information-stealing malware to its users.

    More than 2,500 organizations and over 430,000 CI/CD pipelines were affected by the LiteLLM supply chain attack earlier this year, CloudSEK reports.

    The LiteLLM compromise was disclosed shortly after the supply chain attack on Aqua Security’s Trivy open source vulnerability scanner and was a direct result of it.

    According to CloudSEK, TeamPCP, the threat actor behind multiple high-profile open source software (OSS) compromises, never targeted LiteLLM directly.

    The open source Python library and proxy server was compromised after its CI pipeline installed the compromised Trivy version automatically. Two LiteLLM versions, namely 1.82.7 and 1.82.8, were pushed to PyPI, providing the hackers with access to all the information LiteLLM touched.

    Malicious LiteLLM Releases Tied to Trivy Hack May Have Exposed 2,100+ Organizations

    Two malicious LiteLLM releases sat on PyPI for about 40 minutes in March carrying credential-stealing code capable of harvesting cloud keys, SSH keys, Kubernetes tokens, database passwords, and other secrets from systems that installed them.

    Threat intelligence firm CloudSEK now says a dataset it obtained, built from roughly 434,000 files the attackers captured, maps potential exposure to more than 2,500 organizations.

    Those totals are not a victim count. CloudSEK told The Hacker News the material came from confidential intelligence sources and consists of captured loot and log files it assessed as belonging to the campaign, not data gathered from the organizations it names. The files were taken, in other words.

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    CloudSEK Links March LiteLLM Supply Chain Breach to 2,500 Organizations

    Threat-intelligence firm CloudSEK said in a report published August 11, 2026 that it has identified more than 2,500 organizations potentially exposed by the March 2026 supply-chain compromise of LiteLLM, the open-source gateway developers use to route requests across AI models, and reconstructed roughly 434,000 CI/CD pipelines touched by the exposure.

    The figures come from a CloudSEK research report built on a victim dataset the company says its threat-intelligence team obtained covering the March campaign. CloudSEK’s dataset carries high-confidence matches tied to corporate domains, repositories, credentials, or infrastructure belonging to organizations including NVIDIA, Samsung Electronics, Cisco Systems, Siemens, S&P Global, ServiceNow, Deloitte, Vodafone, X Corp, Zscaler, FedEx, Volkswagen, Thales, and London Stock Exchange Group. The firm is explicit about what the matches mean: high confidence describes the strength of evidence linking exposed information to an organization, not proof that the organization was breached or that an attacker used what was taken.

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  • ‘Strongest in 500 years’: El Nino alert | ‘Very strong’ El Niño threshold reached for first …

    ‘Strongest in 500 years’: El Nino alert | ‘Very strong’ El Niño threshold reached for first …

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    'Very strong' El Niño threshold reached for first time in over 10 years

    To better understand the icons, colours and weather terms used throughout Weatherzone, please check the legend and glossary. For frequently asked questions, please check our Knowledge Base.

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    Home>Weather News>'Very strong' El Niño threshold reached for first time in over 10 years

    The tropical Pacific Ocean is rapidly warming towards a ‘very strong’ El Niño event, with a key monitoring index this week crossing a threshold not reached for more than 10 years.

    El Niño was declared by the Bureau of Meteorology in the middle of June this year following four months of persistent warming in the tropical Pacific Ocean, along with a response from the overlying atmosphere. Since then, El Niño has been rapidly gaining strength.

    Record-smashing El Niño points to spring of drought and fires

    As El Niño strengthens at an alarming rate, all previous records in the modern era could be smashed. (ABC News)

    El Niño is strengthening across the Pacific Ocean at an alarming rate and could annihilate all records in the modern era.

    The rapid warming of our largest ocean is supplying additional heat into the Earth's atmosphere, contributing to a summer of extreme heatwaves and fires across Europe and North America.

    But with El Niño still months away from peaking, its impact on global weather will intensify through the back half of 2026, including in Australia, raising the prospect of our hottest spring on record and a heightened risk of drought and fires.

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  • More than 1,500 Brisbane children listed as experiencing homelessness | Kids, single mums bear br…

    More than 1,500 Brisbane children listed as experiencing homelessness | Kids, single mums bear br…

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    More than 1,500 Brisbane children listed as experiencing homelessness

    Of the families recorded by Brisbane Zero, 321 identified as being homeless for the first time. (ABC News: Patrick Rocca)

    New data from Brisbane Zero shows last financial year there were 984 families, including 1,539 children, who were identified by name as experiencing homelessness in the city.

    The snapshot is used to understand the scale of homelessness in Brisbane, and to recommend ways to improve the situation.

    Caitlyn Wheatley, a youth ambassador with the Foyer Foundation, reminded people to remember that a person sleeping rough is "someone's someone".

    More than 70 per cent of families listed by name as experiencing homelessness in Brisbane last year had a single mother as the sole parent, new data shows.

    Simple census blunder could see you slapped with hefty fines

    The census is less than a week away and many Australians are still unsure about when and how they must complete the compulsory national survey.

    It could lead some to commit a costly blunder by failing to fill out the census, or providing false information.

    Census night falls on Tuesday, August 11 and most households will complete the census online.

     The Age

    The census is mandatory and anyone in Australia who does not fill it out on or by Tuesday, August 11 risks being fined up to $364 a day.

    You still have to do the census if you are travelling or away from home on census night, but Australians who are overseas on August 11 don’t need to complete it.

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  • Aussie drops $17,500 on airport billboard as Budget tax backlash builds: ‘Aren’t being listened t…

    Aussie drops $17,500 on airport billboard as Budget tax backlash builds: ‘Aren’t being listened t…

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    Aussie drops $17,500 on airport billboard as Budget tax backlash builds: 'Aren't being listened to'

    Politicians will be flying into the nation’s capital this morning as Parliament begins a new sitting week. And Joseph Daoud has a big message for them.

    The founder of a mortgage brokerage firm has paid to erect a billboard outside the airport, as well messages on digital surfaces inside the terminal, criticising the Budget changes to capital gains tax that extend beyond housing, to increase taxes on share investors and businesses.

    “Investing in shares? Saving a deposit? Building a business? Your ambition will be taxed under proposed CGT changes,” the billboard reads.

    Pension rule change could bring 'true reform' after Budget targets investors

    This mortgage broker spent $17.5k to send the government a message

    Politicians flying into Canberra on Monday for the sitting week or budget estimates will be welcomed by 18 conspicuous billboards with the same message: “Stop the ambition tax.”

    Joseph Daoud, founder of mortgage broker It’s Simple Finance, has bought $17,500 worth of digital billboards inside and outside Canberra Airport that went live after midnight on Sunday morning and will stay up until the end of this sitting week.

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    It’sSimple.com.au Confronts Politicians With ‘#StopTheAmbitionTax’ Via Campaignifi

    Australian mortgage brokerage, It’sSimple.com.au, has launched a national advocacy campaign, ‘#StopTheAmbitionTax’, in response to the Federal Government’s proposed changes to Capital Gains Tax. Created by performance and strategic communications agency Campaignifi, the campaign puts everyday Australians at the centre of the debate: the small business owners, side hustlers and young investors the brokerage says stand to feel the changes most.

    The campaign went live with a strategic digital out-of-home (DOOH) takeover around Canberra, timed to land as federal politicians and their staff arrived for Parliamentary Sitting week.

    Rather than leading with the brand, the creative hands the megaphone to the public. Australians are encouraged to share how the proposed CGT changes would affect their plans, in their own words, using #StopTheAmbitionTax across social media. Selected stories will then be featured across the Canberra DOOH network, turning lived experience into a rolling, public-facing display in the heart of the nation’s political precinct.

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  • Aussie drops $17,500 on airport billboard as Budget tax backlash builds: ‘Aren’t being listened t…

    Aussie drops $17,500 on airport billboard as Budget tax backlash builds: ‘Aren’t being listened t…

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    Aussie drops $17,500 on airport billboard as Budget tax backlash builds: 'Aren't being listened to'

    Politicians will be flying into the nation’s capital this morning as Parliament begins a new sitting week. And Joseph Daoud has a big message for them.

    The founder of a mortgage brokerage firm has paid to erect a billboard outside the airport, as well messages on digital surfaces inside the terminal, criticising the Budget changes to capital gains tax that extend beyond housing, to increase taxes on share investors and businesses.

    “Investing in shares? Saving a deposit? Building a business? Your ambition will be taxed under proposed CGT changes,” the billboard reads.

    Pension rule change could bring 'true reform' after Budget targets investors

    This mortgage broker spent $17.5k to send the government a message

    Politicians flying into Canberra on Monday for the sitting week or budget estimates will be welcomed by 18 conspicuous billboards with the same message: “Stop the ambition tax.”

    Joseph Daoud, founder of mortgage broker It’s Simple Finance, has bought $17,500 worth of digital billboards inside and outside Canberra Airport that went live after midnight on Sunday morning and will stay up until the end of this sitting week.

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    Labor’s tax grab trolled by wall-to-wall billboards as MPs arrive in Canberra

    The Albanese government has been trolled by a business founder who bought 18 inescapable billboards at Canberra Airport protesting Labor’s capital gains tax grab.

    The Albanese government has been being greeted by more than a dozen billboards at Canberra Airport attacking the changes to the capital gains tax.

    Around the airport, signs carrying the message “Stop the ambition tax” lit up from midnight on Sunday, timed to greet MPs, staffers and media arriving for parliament.

    Leading the campaign was mortgage broker Joseph Daoud, founder of It’s Simple Finance, who spent $17,500 of his own money to turn politicians’ weary heads.

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  • S&P 500 resets record high on US-Iran peace talk hopes | S&P 500, Nasdaq close at records, booste…

    S&P 500 resets record high on US-Iran peace talk hopes | S&P 500, Nasdaq close at records, booste…

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    S&P 500 resets record high on US-Iran peace talk hopes

    US equities surged higher in their final session of the week, bolstered by hopes of peace talks between the United States and Iran, and on a surge in the shares of Intel, which has renewed optimism in the AI trade.

    Both the US and Iran are sending envoys to Pakistan after negotiations reached an impasse a week ago. While it’s unclear if there will be direct talks, the two adversaries are expected to each meet with Pakistani officials who are seeking to mediate a resolution of the war.

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    S&P 500, Nasdaq close at records, boosted by Intel, as investors hope for a restart to U.S.-Iran talks

    The S&P 500 and Nasdaq Composite closed at record levels on Friday after investors were given a hopeful sign that peace talks between the U.S. and Iran would soon take place in Pakistan.

    The broad market index finished up 0.8% at 7,165.08, while the tech-heavy Nasdaq added 1.63% to settle at 24,836.60. Both indexes also scored fresh all-time intraday highs. However, the Dow Jones Industrial Average fell 79.61 points, or 0.16%, to end the at 49,230.71.

    MS NOW reported, citing a Pakistani official, that Iranian Foreign Minister Abbas Araghchi is expected to arrive in Islamabad on Friday evening to have a discussion with Pakistani mediators about a possible second round of negotiations with the U.S.

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