Tag: jump

  • Prices to jump at the bowser as fuel excise cut ends tonight | Petrol prices on track to top $2 a…

    Prices to jump at the bowser as fuel excise cut ends tonight | Petrol prices on track to top $2 a…

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    Prices to jump at the bowser as fuel excise cut ends tonight

    The excise cut was designed to "take some of the sting out of the cost-of-living pressures", the Treasurer said. (ABC News: Adam Griffiths)

    Drivers can expect a price increase at the petrol pump following the end of the federal government's fuel excise cut from midnight tonight.

    At the same time the rate will also undergo its twice yearly inflation indexation.

    From April 1 the fuel excise was reduced from 52.6 cents a litre to 20.6 cents a litre, a 32 cents per litre discount to wholesale fuel prices which was due to end in July.

    The support measure was then extended to August 2. However, the excise rate was lifted to 36.6 cents a litre, meaning the discount at the pump was reduced to 16 cents a litre.

    Petrol prices on track to top $2 a litre as Bowen sounds death knell for fuel excise relief

    Petrol now costs more than $1.90 a litre in every capital city, with diesel expected to exceed $2.40 a litre

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    Petrol prices could surpass $2 a litre and diesel $2.40 in coming days, after the government’s 16-cent discount ends on Sunday.

    The 32-cent per litre reduction in fuel excise, introduced in March at the peak of the fuel price spike, was halved to 16 cents in July.

    The excise will return to its normal level on 3 August, adding 16 cents per litre to the wholesale prices paid by service stations.

    Chris Bowen, the energy minister, told reporters on Saturday the government would not extend the temporary cost-of-living relief.

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    Petrol price rises again

    Petrol is nudging $2 across Sydney and motorists are bracing for a further hit with the last of the government's fuel excise cuts to go.

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  • ’24 Jump Street’ in the Works With Jonah Hill, Channing Tatum and Ice Cube in Talks to Return…

    ’24 Jump Street’ in the Works With Jonah Hill, Channing Tatum and Ice Cube in Talks to Return…

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    ’24 Jump Street’ in the Works With Jonah Hill, Channing Tatum and Ice Cube in Talks to Return (EXCLUSIVE)

    “24 Jump Street” is in the works, and stars Jonah Hill, Channing Tatum and Ice Cube are in talks to return for the third installment in the R-rated crime comedy franchise.

    Rodney Rothman (“Spider-Man: Into the Spider-Verse”) will direct the film and wrote the script with Hill and Meghan Malloy. Also returning are producers Phil Lord and Chris Miller — who helmed the first two films, 2012’s “21 Jump Street” and 2014’s “22 Jump Street” — and Neal H. Moritz. Tatum and Reid Carolin are producing for Free Association, as are Hill and Matt Dines under their Strong Baby banner. 

    “21 Jump Street” starred Hill and Tatum as Schmidt and Jenko, a couple of underachieving cops who go undercover at a local high school to take down a drug ring. The film, which marked Lord and Miller’s live-action directorial debut, grossed more than $200 million worldwide. Ice Cube plays their superior, Captain Dickson. The sequel, which saw the Hill and Tatum repeat their undercover schtick in college, topped that total with a $331 million box office haul.

    What Happened to ‘23 Jump Street’?

    Jonah Hill, Channing Tatum and Ice Cube are in talks to reprise their roles for the threequel that appears to have skipped an address.

    It looks like Jonah Hill, Channing Tatum and Ice Cube are moving into 24 Jump Street.

    However, after The Hollywood Reporter learned Wednesday that the threequel was in development at Sony Pictures, it begged the question: What happened to 23 Jump Street, as the last film in the action-comedy franchise was titled 22 Jump Street?

    THR asked Sony for more information on the reason behind the new installment’s title, but did not hear back at the time of publication. Until the answer is revealed (and it honestly might not be until the film’s released), there are definitely a few justifications fans can speculate about.

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    Channing Tatum successfully bullies 24 Jump Street into existence

    Late last year, we noted that franchise star Channing Tatum was starting to express some pretty public frustrations at the inability of his and Jonah Hill’s Jump Street series of cop comedies to get a third installment—going so far, at the time, to publicly name series producer Neal H. Moritz as the stopping block in getting another movie made. (Tatum claimed, in an interview to Variety, that he, Hill, and original directors Phil Lord and Christopher Miller had all agreed to take pay cuts to get a second sequel produced, but Moritz refused to follow suit.) Now, in a shining reminder that, sometimes, bullying works, Deadline reports that a new installment of the series has officially been put into development at Sony—even if the studio did, apparently, feel like it needed to hop right over 23 Jump Street to get it done.

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  • Owners jump on loophole to keep neg gearing | First home buyers ‘up and about’ at auctions after …

    Owners jump on loophole to keep neg gearing | First home buyers ‘up and about’ at auctions after …

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    First home buyers 'up and about' at auctions after negative gearing changes

    One auctioneer says younger buyers are "up and about" in response to the government's tax reforms. (AAP Image: Diego Fedele)

    First home buyers say they are encouraged by the government's reforms to negative gearing and the capital gains tax discount, at the first Saturday auctions since Tuesday's federal budget.

    Prime Minister Anthony Albanese says the changes are aimed at levelling the playing field for young buyers bidding against property investors.

    The opposition has pledged to roll back the changes, saying fewer investment buyers will mean increased rent, but economist Saul Eslake disagrees, suggesting a shift by investors to new builds will dampen rent price inflation.

    Macquarie changes lending policies to reflect negative gearing ban

    Macquarie has told its network of mortgage brokers to update their lending policies to apply the federal government’s ban on negative gearing for existing properties, even though it has not yet passed as legislation.

    Macquarie decided to move quickly, even before the law passed parliament, after the government said the changes were effective from the federal budget.

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  • Meta shares jump 10% on stronger-than-expected revenue forecast | Meta stock climbs on Q4 earning…

    Meta shares jump 10% on stronger-than-expected revenue forecast | Meta stock climbs on Q4 earning…

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    Meta shares jump 10% on stronger-than-expected revenue forecast

    Meta reported fourth-quarter earnings on Wednesday that topped estimates and issued stronger-than-expected sales guidance. The stock popped as much as 10% in after-hours trading.

    Here's how the company did, compared with estimates from analysts polled by LSEG:

    Meta said it expects first-quarter sales to come in the range of $53.5 billion to $56.5 billion, ahead of analyst estimates of $51.41 billion.

    Finance chief Susan Li said that forecast was "really underpinned by the strong demand that we saw through the end of Q4 and continuing into the start of 2026."

    The company said fourth-quarter sales rose 24% year-over-year. The company said its advertising business generated revenue of $58.1 billion for the period. Advertising made up nearly 97% of the company's overall revenue for the quarter.

    Meta stock climbs on Q4 earnings beat, plans to spend as much as $135 billion on AI build-out in 2026

    Meta (META) announced its fourth quarter earnings on Wednesday, topping analysts' expectations on the top and bottom lines.

    The company also provided its 2026 capital expenditures guidance, saying it anticipates spending between $115 billion and $135 billion in 2026, up from the $72.22 billion the company spent in 2025.

    In Q4, Meta reported earnings per share (EPS) of $8.88 on revenue of $59.9 billion, ahead of the $8.16 and $58.4 billion analysts were expecting based on Bloomberg analyst consensus estimates.

    Meta’s Reality Labs division brought in $955 million versus an anticipated $959 million. But the company also booked losses related to the segment of $6 billion. Analysts were expecting an operating loss of $5.9 billion.

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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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