CANBERRA, ACT, June 16 -- The Treasurer of Australia issued the following media release: Today the Reserve Bank Monetary Policy Board held interest rates steady at 4.35percent. This is a welcome reprieve for many Australians with a mortgage. It's a reassuring result in the face of extreme volatility in the global economy. At a time when conflict in the Middle East is adding to inflation and interest rates are rising in parts of the world, this is an encouraging outcome. We know this won't m...
CANBERRA, ACT, June 16 -- Australian Federal Police issued the following media release: A West Australian man has been sentenced by the Bunbury Magistrates Court to a maximum of two years and six months' imprisonment for soliciting, transmitting and possessing child abuse material. The man, 23, was sentenced yesterday (15 June, 2026) and ordered to serve a minimum of 10 months in custody. He will then be eligible to be released on a recognisance order to be of good behaviour for 18 months. T...
CANBERRA, ACT, June 16 -- Australian Federal Police issued the following media release: The AFP has charged a Noranda man, 34, after he allegedly exposed himself to a teenage girl at Perth Airport. It is alleged that about 12pm yesterday (15 June, 2026) the man was walking out of Terminal 4 and onto the forecourt when he lowered his tracksuit pants and exposed himself. Two teenage girls were walking past, and one reported the man looked directly at her while his trousers were lowered. The ma...
CANBERRA, ACT, June 16 -- Australian Federal Police issued the following media release: This is a joint media release between Australian Federal Police and Australian Border Force Editor's note: images/footage of the operation areavailable via Hightail. Two Mexican nationals are expected to appear before the NSW Bail Division Court today (16 June, 2026) charged for their alleged roles in the importation of $185 million worth of methamphetamine into Sydney. An investigation began earlier this...
CANBERRA, ACT, June 16 -- The Prime Minister of Australia issued the following media release: LIBBY COKER MP, MEMBER FOR CORANGAMITE:So thank you very much for being with us today. It is a very exciting day. I am thrilled to have my boss and the Prime Minister of the country, Anthony Albanese, with us today. We also have Brooklyn and Lachie and Rosco, and we're here today because we want to actually celebrate and encourage people to take up 5% first home buyer deposit scheme. This has been an a...
SYDNEY, June 16 -- Australian Prudential Regulation Authority issued the following media release: The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) will streamline aspects of the Financial Accountability Regime (FAR) to reduce regulatory burden without lowering accountability standards. Under the regulators' proposed changes, APRA and ASIC will remove key functions requirements from the FAR regulator rules; raise the mat...
SYDNEY, June 16 -- Australian Prudential Regulation Authority issued the following media release: The Australian Prudential Regulation Authority (APRA) has commenced the final phase of its governance review by setting out updated requirements designed to strengthen governance across banking, superannuation and insurance. APRA's requirements around governance and fitness and propriety aim to ensure its regulated entities are governed by leaders with the skills, experience and character needed f...
India, June 15 -- Abhay Bhutada Foundation has partnered with the Ultimate Pickleball League - Pune Edition 2026, continuing its support for various sporting initiatives that encourage a stronger culture of fitness among people. The tournament is scheduled to take place in Pune on 9th and 10th May 2026, with participation expected from more than 180 players, including several leading names in the sport. The association reflects the Foundation's continued engagement in initiatives that encourage...
India, June 15 -- A study conducted by FindMyCollege, covering more than 1 lakh active IT jobs in the current market, finds the pay ladder starting at a median of ₹2.6 LPA (lakhs per annum), rising to ₹25 LPA for experienced roles. However, a new mid-career band gap has emerged. This segment has also been historically the largest in the Indian IT sector, making up nearly 57% of the IT hirings in the market. But, currently, its getting strangled due to artificial intelligence consolidating many r...
CANBERRA, ACT, June 15 -- The Prime Minister of Australia issued the following media release: ANDREW LEIGH, MEMBER FOR FENNER:Good afternoon, everyone. My name's Andrew Leigh, the Assistant Minister for Productivity, Competition, Charities and Treasury, and for the purposes of today, the Federal Member for Fenner. It's a real delight to be here on Ngunnawal land with the Prime Minister and Housing Minister to inspect this great social and affordable housing development. We're here in the suburb...