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  • Aussie dollar to hit the ‘mid-70s’ as RBA raises interest rates | The Aussie dollar is soarin…

    Aussie dollar to hit the ‘mid-70s’ as RBA raises interest rates | The Aussie dollar is soarin…

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    Aussie dollar to hit the ‘mid-70s’ as RBA raises interest rates

    The sudden surge in the Australian dollar above US71¢ is expected to continue for the next few months at least, but some strategists warn the rally could rapidly unwind as the US currency starts to reassert itself.

    The Aussie dollar touched US71.47¢ on Thursday, its highest level since February 2023 and extending its rally already this year to a massive 7 per cent, buoyed by a weaker greenback and an interest rate increase by the Reserve Bank of Australia last week.

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    The Aussie dollar is soaring – but there’s a hidden headwind

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    When Australians invest in global markets, they are essentially making two decisions at once. The first is an investment call on the underlying asset. The second, which is often overlooked, is a currency bet.

    For many investors, it’s this hidden currency exposure that can come as a surprise. Movements in the Australian dollar can quietly add to or erode returns from international investments and have the potential to overwhelm the performance of the asset itself.

    If the Australian dollar rises by 10 per cent against the US dollar, the value of that investment falls by roughly 10 per cent when converted back into Australian dollars, even if the underlying shares have not moved. The opposite is also true: if the Australian dollar falls, unhedged offshore investments receive a boost.

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    AI industry risks and the Australian dollar nears US$0.71

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  • Two major banks hit with outages | Big four bank customers affected by major outage | Commonwealt…

    Two major banks hit with outages | Big four bank customers affected by major outage | Commonwealt…

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    Big four bank customers affected by major outage

    Frustrated customers of big four bank CommBank have reported a major internet banking outage, affecting their ability to access their cash.

    Customers have fumed outline about the reported outage, saying they were unable to transfer money.

    “Since last night my accounts have been stuffed and I can’t pay anything cant transfer money,” one customer wrote.

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    The bank confirmed CommBank and NetBank were “unavailable for some customers” and said it was working “urgently” to fix the issue.

    “All other CommBank banking services, including card payments and ATMs, are working,” the bank said on its website.

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  • Two major banks hit with outages | Big four bank customers affected by major outage | CommBank hi…

    Two major banks hit with outages | Big four bank customers affected by major outage | CommBank hi…

    Explore the latest developments concerning Two major banks.

    Big four bank customers affected by major outage

    Frustrated customers of big four bank CommBank have reported a major internet banking outage, affecting their ability to access their cash.

    Customers have fumed outline about the reported outage, saying they were unable to transfer money.

    “Since last night my accounts have been stuffed and I can’t pay anything cant transfer money,” one customer wrote.

    Get the first look at the digital newspaper, curated daily stories and breaking headlines delivered to your inbox.

    The bank confirmed CommBank and NetBank were “unavailable for some customers” and said it was working “urgently” to fix the issue.

    “All other CommBank banking services, including card payments and ATMs, are working,” the bank said on its website.

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    The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.

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  • Big changes to hit Aussies on January 1 | New year brings cheaper medicines, higher energy bills …

    Big changes to hit Aussies on January 1 | New year brings cheaper medicines, higher energy bills …

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    New year brings cheaper medicines, higher energy bills

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    When Australians wake up to a new year, changes to government payments and policies will impact the finances of millions of households.

    From Thursday, the maximum cost of medicines on the Pharmaceutical Benefits Scheme will be slashed from $31.60 to $25 – the lowest the co-payment has been since 2004, saving Australians over $200 million each year.

    The cost-of-living measure, which was announced by the Albanese government in July, kicks in at the same time as a number of support payments are automatically increased in line with indexation.

    Cheaper medicines, rules for cash and new state laws: what will change in Australia on 1 January?

    Changes include the Victorian government expanding land taxes and Queensland introducing a child sex offender register

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    Cheaper medicines on the PBS, a Medicare phone service and new laws mandating businesses to accept cash payments are just some of the major changes coming into effect in the first week of 2026.

    Indexation increases to social security payments, changes to childcare settings and a new online mental health service will also kick in from the beginning of January.

    Around Australia, other changes from 1 January include the the Victorian government expanding land taxes while making public transport free for children and Queensland’s government bringing in a child sex offender register.

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  • LeBron James hit with harsh reality check as Lakers struggle: ‘It hasn’t sunk in’ | Sam Mitchell …

    LeBron James hit with harsh reality check as Lakers struggle: ‘It hasn’t sunk in’ | Sam Mitchell …

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    LeBron James hit with harsh reality check as Lakers struggle: 'It hasn't sunk in'

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    LeBron James made his Los Angeles Lakers season debut last night, starting year 23 with a win over the Utah Jazz. Nick Wright, Chris Broussard, and Kevin Wildes discuss how impressive this was for LeBron, and how much pressure is on Patrick Mahome…

    It’s evident that LeBron James isn’t the same player he was two years ago, let alone five years ago as he continues to try to find his place in the Los Angeles Lakers’ offense this season.

    Sam Mitchell says LeBron has to realize he is no longer the number one option, not even if he gets traded to the Wizards

    Former NBA player and head coach Sam Mitchell says one of the Los Angeles Lakers' big issues is LeBron James suffering from the "main character syndrome."

    At 41 years old, in a couple of days, LeBron is the oldest player currently in the NBA. And although there is no doubt that he can still play at a high level, he is no longer the dominant player he once was and as such, is no longer the best player on his team.

    The problem is, LeBron still thinks that he is the main man on the Lakers.

    "This is what LeBron doesn't understand. It hasn't sunk in. Whatever team you go to, you're the third option. You're not going to a team when you're the first option anymore. If you went to the Washington Wizards, you would still not be the number one option," said Mitchell.

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    Lakers Urged to Split with LeBron James By Former James Teammate

    The Los Angeles Lakers looked like one of the best teams in the competitive Western Conference to kick off the 2025-26 season. Los Angeles got off to a sparkling 15-4 start, with prolific guards Luka Doncic and Austin Reaves both playing like superstars.

    Now, Reaves is out of commission for — at minimum! — the next four weeks with a Grade 2 left gastrocnemius strain, per Mike Trudell of Lakers.com.

    Austin Reaves has a grade 2 left gastrocnemius strain; he will be re-evaluated in about four weeks.Reaves missed three games with a left calf strain recently, returning for the game at PHX on Dec. 23, before leaving at halftime of the Christmas Day game.

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  • Mariah Carey’s hit ‘All I Want For Christmas’ de-throned | Mariah Carey Scores Another No. 1 Song…

    Mariah Carey’s hit ‘All I Want For Christmas’ de-throned | Mariah Carey Scores Another No. 1 Song…

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    Mariah Carey's hit 'All I Want For Christmas' de-throned

    CNN Chief Data Analyst Harry Enten reports that Mariah Carey's seasonal hit Christmas single, "All I Want For Christmas Is You" has been knocked out of the number one Billboard global spot by the 1980s super duo, Wham! with their 1984 single, "Last Christmas."

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    Mariah Carey Scores Another No. 1 Song This Week — And It’s Not Her ‘Christmas’ Classic

    While the superstar celebrates a historic Hot 100 feat, she adds to her chart-topping catalog with "In Your Feelings."

    “All I Want for Christmas Is You” isn’t the only Mariah Carey song topping a Billboard chart this week.

    As the diva’s holiday juggernaut, released in 1994, enjoys a record-setting 20th week at No. 1 on the Billboard Hot 100, Carey unwraps another chart-topper with her 2025 single “In Your Feelings,” which rises from the runner-up spot to crown the Adult R&B Airplay chart dated Dec. 27.

    The track, released and promoted through MARIAH/gamma., ascends as the most-played on U.S. panel-contributing adult R&B radio stations for Dec. 12-18, according to Luminate. It improved 19% in plays compared to the previous week and wins the Greatest Gainer honor for the list’s largest increase.

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    Move over, Mariah. Wham!'s 'Last Christmas' tops Billboard Global 200

    Wham!'s 1984 hit, "Last Christmas", is No. 1 on the Billboard Global 200 chart this week, closely followed by none other than Mariah Carey's "All I Want For Christmas Is You," which has been the No. 1 song on the weekly chart each December since it debuted on the list in 2020, according to Billboard.

    "This is a remarkable moment for me, (Wham!), (George Michael) and (Sony Music UK), to learn that 'Last Christmas' is currently the world's favorite song," Wham! bandmember Andrew Ridgeley wrote in a Dec. 17 Instagram post. "(It) is the best Christmas gift we and George could ever have wished for."

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  • Major bank hit by EFTPOS outage | Westpac outage leaves customers unable to access online banking…

    Major bank hit by EFTPOS outage | Westpac outage leaves customers unable to access online banking…

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    “Tap and No”: Thousands Hit by Westpac EFTPOS Outage, Leaving Aussies Red-Faced at the Checkout

    A routine midweek shop turned into an awkward scramble for cash on Wednesday after a widespread Westpac EFTPOS outage left thousands of Australians unable to tap their cards at the checkout. From suburban cafés to petrol stations and bottle-os, Westpac merchant terminals suddenly stopped playing ball just after lunchtime.

    According to a report in news.com.au , more than 3,000 customers lodged outage reports not long after 12.30pm. A Westpac spokesperson said the bank was aware some customers were having trouble accessing services and insisted teams were working to restore systems “as quickly as possible”, apologising for the disruption.

    A holding message on Westpac’s phone line went further, confirming “issues impacting merchant terminals” – a clear sign the problem sat squarely in the EFTPOS network rather than a complete banking blackout. Rival majors NAB and Commonwealth Bank said their systems were operating normally, underlining that this was a Westpac-specific headache.

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  • Graphic sex in streaming hit shocks internet | ‘Heated Rivalry’ is the steamy hockey romance …

    Graphic sex in streaming hit shocks internet | ‘Heated Rivalry’ is the steamy hockey romance …

    Explore the latest developments concerning Graphic sex in.

    ‘Heated Rivalry’ is the steamy hockey romance we deserve

    Xtra is an online magazine and community platform covering LGBTQ2S+ culture, politics and health. We aim to break boundaries, think outside of binaries and build bridges within our communities and beyond.

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    The queer Canadian hockey drama packs heart and heat, setting it apart from other MLM adaptations

    As hockey commentators stoke the flames of a bitter rivalry, Shane and Ilya heat things up in secret off the rink. Credit: Courtesy of Crave

    In the canon of gay film and TV, there are near-universal touchstones.

    I don’t like ice hockey or romance, but this very steamy gay sports drama is great fun

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    Romance fiction has surged in popularity recently, thanks in part to dedicated BookTok and Instagram communities, and several subgenres have emerged – gone is the tame bodice ripping of your grandma’s Mills & Boon novels. Now it’s romantasy, paranormal romance, dystopian love and, perhaps the fastest-growing of them all, sports romance. And then there’s a sub-subgenre: queer sports romance.

    To get even more specific, one sport above others has been the setting: the uber-macho world of ice hockey.

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  • Silver hit record highs in 2025 — here’s why the ‘Devil’s metal’ could have further to run | …

    Silver hit record highs in 2025 — here’s why the ‘Devil’s metal’ could have further to run | …

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    Silver hit record highs in 2025 — here's why the 'Devil’s metal' could have further to run

    Silver, often nicknamed the 'Devil's metal' because of its volatility, has reached record highs this year and still has further to run despite a supply crunch, according to experts.

    The metal's growth value has been running alongside gold's, which has seen its own rally with the price surging past $4,000 an ounce this year.

    Silver prices reached a historic peak of $57.16 per troy ounce in late November, marking a 90% increase year-on-year. They've since pared back gains somewhat, but are now growing again, despite low supply levels.

    "Some people were having to transport silver by plane rather than on cargo ships to meet delivery demand," Paul Syms, head of EMEA ETF Fixed Income and commodity product management at Invesco, told CNBC.

    Silver Bullion Hits $55 Record as Comex Re-Opens from Outage

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    SILVER BULLION leapt to fresh all-time high prices everywhere on Friday, breaking above $55 per ounce in London as trading in New York's Comex futures and options re-opened after a technical problem shut the world's most valuable derivatives exchange, the CME.

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  • Graphic sex in streaming hit shocks internet | ‘Heated Rivalry’ Review: HBO Max’s Horny Hoc…

    Graphic sex in streaming hit shocks internet | ‘Heated Rivalry’ Review: HBO Max’s Horny Hoc…

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    ‘Heated Rivalry’ Review: HBO Max’s Horny Hockey Drama Is a Playful Gay Romance for Grown-Ups

    'Letterkenny' veteran Jacob Tierney wrote and directed the six-part series about a pair of rising hockey stars who fall into a steamy affair.

    Sidney Crosby and Alexander Ovechkin entered the NHL in 2005. Over 20 years, the Canadian star and his Russian counterpart have engaged in one of the great rivalries in all of sports. They’ve won titles and medals and scoring crowns, and they’re both still playing (with the same franchises that drafted them), having claimed positions among hockey’s all-time elite.

    But what if they were also having an intense, sweaty love affair? 

    That’s the veiled hypothetical at the heart of HBO Max and Crave‘s new six-part romantic drama, Heated Rivalry, based on the book by Rachel Reid and written and directed by Letterkenny veteran Jacob Tierney — though don’t go in expecting all that many direct similarities to Letterkenny. Heated Rivalry may have some comic elements, because blustery male bonding is often funny, but it’s a sincere, steamy love story for grown-ups — less The Cutting Edge and more Challengers, without the pesky “Zendaya” point of the triangle. 

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    Heated Rivalry : Hudson thought Connor would 'pin me down and f— me' in audition

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    Heated Rivalry: Hudson thought Connor would 'pin me down and f— me' in audition

    Heated Rivalry actors Hudson Williams and Connor Storrie break down their hot chemistry test during an interview with Out.

    Connor Storrie as Ilya Rozanov; Hudson Williams as Shane Hollander on Heated Rivalry.

    The sexual tension, intense yearning, and tender moments between Shane Hollander (Hudson Williams) and Ilya Rozanov (Connor Storrie) on Heated Rivalry has viewers losing their minds while watching the new HBO Max series based on Rachel Reid's series of books that's being brought to life by showrunner Jacob Tierney.

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