Sinem Görücü via Better Images of AI, CC BYAustralia’s research and innovation system is “broken” and needs “bold reform”, according to a major new independent report released on Tuesday.

The Prudential Regulation Authority (PRA) has imposed a financial penalty of £10,625,000 on U K Insurance Limited (UKI Limited) in connection with a miscalculation of their Solvency II balance sheet during 2023 and 2024.

David Splinter and Jeff LarrimoreCirculation into and out of the top one percent is pronounced in the U.S. One third exit after a year and two-thirds exit after a decade. This mobility lowers top income shares when shifting from annual to multi-year income measures. Intragenerational mobility over two decades lowers recent top one percent fiscal income shares by over 10 percent. Two-decade mobility reduces top 0.1% shares by over 20 percent, top 0.01% shares by 30 percent, and top 0.001% shares by 40 percent.

Do your holidays always feel too short? Or are you a parent struggling to juggle the demands of school holidays with the leave you’re allowed to take?

On Wednesday, the Australian Council of Trade Unions (ACTU) launched a major push to give working Australians the right to an extra week of annual leave.