Varadkar says tech sector job losses ‘more likely to be thousands than hundreds’ – The Irish Times

In 10 days’ time, “all going to plan”, Leo Varadkar will depart the Tánaiste’s office and move upstairs to fill the Taoiseach chair currently occupied by Micheál Martin as part of the Coalition agreement with Fianna Fáil and the Green Party. It will bring to an end his 2½ years as Minister for Enterprise. In … Read more

Anthony Albanese tells NSW and Queensland to impose their own cap on coal before the National Cabinet on Friday

Anthony Albanese has told two states to impose their own price caps after the premiers flagged the need for compensation over fears about lost royalties. The Prime Minister told New South Wales and Queensland on Tuesday about a proposal to introduce their own caps rather than the Commonwealth, The Australian reports. He also suggested parliaments … Read more

With ‘consistently high cost of living’, Singapore ranked world’s most expensive city for 8th time in a decade: Survey

The bi-annual survey, conducted between Aug 16 and Sept 16 this year, compares more than 400 individual prices across more than 200 products and services in 172 cities. EIU — the research and analysis division of the Economist Group, which also manages the Economist newspaper — said that the survey has been designed to enable … Read more

Irish inflation slows to 9% as prices ease in wider euro zone – The Irish Times

Euro zone inflation eased far more than expected in November, raising hopes that sky-high price growth is now past its peak and bolstering the case for a slowdown in European Central Bank (ECB) rate hikes next month. Prices in Ireland increased an estimated 9 percent in the 12 months to the end of November, EU … Read more

Inflation surprisingly eases last month as supply bottlenecks clear

Inflation eased slightly last month, according to new monthly Australian Bureau of Statistics (ABS) figures, however both businesses and economists say it may not have peaked just yet. Key points: The headline annual inflation rate eased from 7.3 percent in September to 6.9 percent in October Economists say inflation may be nearing a peak but … Read more

Government to cap wholesale gas prices as part of market intervention to lower power prices

Anthony Albanese and his cabinet are set to endorse a multi-pronged strategy to curb sky-high power prices, as pressure mounts on the government to urgently intervene in the market. Key points: The resources minister says analysis is being done about what price to cap wholesale gas at The government is yet to settle on a … Read more

‘There’s only so much you can charge for soup’

There is only so much you can charge “for soup or a sandwich or salad”, according to David Dunne, owner of Knox restaurant in Sligo which, after “a perfect storm”, has closed for the winter. Dunne was one of several restaurateurs who had to either temporarily or fully close down their business due to rising … Read more

Joanne sleeping rough with Gold Coast homeless but has a 40th birthday wish for 2023

With backyard balconies overlooking her, Joanne Hottes sits tall in her makeshift home beneath a park shelter adjacent to a popular Gold Coast beach. She is just meters from the tourist-heavy sands, yet her reality is a world away from her temporary, sometimes affluent, neighbors. “This has been my sanctuary for the last couple of … Read more

‘Many of our staff resigned due to Dublin cost of living’ – The Irish Times

Many schools are seeking help from the Department of Education to assist with a staffing “crisis” which has left some vulnerable pupils without specialized support. The scale of the impact of shortages and their effect on pupils is highlighted in communications between schools and the Department of Education released to The Irish Times. Dozens of … Read more

How AGL’s closure of Torrens Island gas-fired power station will affect SA’s power prices and energy stability

South Australia’s government has been quick to reassure residents there will be no negative impacts to the state’s power supply when AGL closes its Torrens Island B gas-fired power station in 2026, a decade earlier than planned. Energy stability has been front of mind for many South Australians after thousands of homes were left without … Read more