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The Latest Breaking News from BCA

S&P 500 At 7,000? This Team Called It Five Years Ago—Their Latest Outlook Might Surprise You

Back in September 2020, when the world was under lockdowns, inflation wasn't even considered "transitory" yet, and most of Wall Street was stocking up on hand sanitizers to make bold predictions — BCA Research did precisely that.

Benzinga

Belgian Competition Authority action leads to suspension of maximum gearing standard test at Tour of Guangxi, UCI to appeal

'The standard, adopted under disputable conditions, is likely to cause harm to SRAM that is serious and difficult to repair, thereby justifying its suspension,' said the BCA in a media release

Cycling News

'Innovation and safety are not opposing forces': SRAM welcomes UCI halt on gear restriction, calls for better, 'open' governance in professional cycling

After the Belgian Competition Authority suspended the UCI’s new gear-ratio test, SRAM says it’s time for cycling’s key stakeholders to collaborate on rules

Cycling Weekly

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Belgian court sides with SRAM, tells UCI to back down on its gear-ratio crackdown — for now

The UCI hits pause on its Tour of Guangxi testing protocols but intends to fight back

Cycling Weekly

Media and political attacks on Australia’s emissions targets ‘straight out of the climate obstruction playbook’, expert says

Prof Christian Downie points to the Business Council of Australia and News Corp newspapers as examples of deliberate obstruction

The Guardian - AU

'There is no data’ - SRAM launches legal challenge to UCI gear restrictions

‘The protocol forces SRAM to mechanically disable its 10-tooth cog’

Cycling News

Andrew Forrest’s Fortescue rejects ‘credibility’ of business council modelling on 2035 emissions target

BCA member criticises climate modelling commissioned by lobby group that ‘underplays’ economic opportunities and does not factor in cost of inaction

The Guardian - AU

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Minneapolis school shooting latest: Funding for mass shooting prevention programs in Minnesota pulled before killings

Police say 23-year-old Robin Westman fired 116 rounds through the stained-glass windows of a church next to Annunciation Catholic School, trying to kill as many children as possible

The Independent UK

Trump the unifier? How Europe could benefit from Trump’s policies

Despite a strong likelihood of the eurozone being hit by a recession by mid-2025, a new report sheds light on how Trump’s policies could boost the bloc’s economic perspectives in the years to come.

Euronews

Is a Recession Coming in 2025? 3 Experts Weigh In.

Experts are increasingly concerned that Trump tariffs could lead to a recession in 2025, with one even pegging the possibility at 75%.

Barchart

Australia must be a 'model ally' in US tariff talks

Australia must prove its relationship with the US is mutually beneficial to earn another exemption from steel and aluminium tariffs, experts say.

AAP

View from The Hill: Election battle turns to spending, with BCA calling for cap and Labor hitting Dutton’s planned cuts

As the political debate turns to government spending, the questions loom: is it too high, and will Peter Dutton be able to get away with keeping his proposed cuts mostly under wraps?

The Conversation

Musk-like efficiency role 'strange' call for Australia

Australia must cut red tape and reform its tax system to boost productivity and safeguard against a looming trade war, the Business Council says.

AAP

Albanese is promising fee-free Tafe. How would it work – and why is it causing controversy?

As the federal election looms, Labor has promised to subsidise certain VET pathways – but not everyone is convinced

The Guardian - AU

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The Guardian - AU

Why does big business want Australia to spend billions on not building houses?

Housing developers have a keen financial interest in drip-feeding new homes into the market to maximise their returns

The Guardian - AU

Bridge reopens after fatal crash – as it happened

This blog is now closed

AAP

Turbo charge house approvals, business urges government

The Business Council of Australia says state governments should be able to intervene in council planning decisions, using a carrot and stick approach.

The Guardian - AU

Business council blames slow local decision-making for feeding Australia’s housing supply crisis

Peak business body proposes deadlines to speed up local councils, saying delays are making developers reluctant to invest

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The Guardian - AU

Albanese targets Greens on ‘gesture-based’ climate politics in speech defending Labor’s business policies

PM says Labor’s nature-positive legislation provides ‘vital certainty’ and talks up mutual respect in an address before the Business Council of Australia

The Conversation

View from The Hill: The Albanese government is feeling a lot of pain from pincers

When a leader is on the back foot, small things are telling.

AAP

CFMEU crackdown laws lodged as calls mount to go harder

CFMEU officials who attempt to disrupt the work of external administrators have been threatened with heavy penalties, but not everybody is happy with the laws.

The Independent UK

Things to know about the fatal shooting of a Minneapolis officer

Minnesota authorities have released the names the two Minneapolis police officers who shot and killed a man in response to the shooting death of their colleague

Dynamite News

Bihar Cricket Association forms Women's Cricket Development Committee to empower women players

The Bihar Cricket Association (BCA) has taken a significant step towards fostering the growth of women's cricket in the state by establishing a Women's Cricket Development Committee. Read further on Dynamite News:

The Hindu

UoM academic council meet: Concern over norms requiring AICTE approval for UG courses

The University of Mysore expresses concern over new AICTE approval norms for BBA and BCA courses, fearing derecognition and financial implications for government colleges.

AAP

All-embracing migration plan endorsed by peak bodies

Peak bodies have welcomed the government's migration strategy for the benefits it will bring to workers and industries suffering labour shortages.

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