FEAR & GREED | Business News PM supports WFH changes; ASX competitor close; WA prospector strikes gold
Aug 7, 2025
Prime Minister Anthony Albanese backs work-from-home legislation, stirring political debates. Exciting news arises as a Western Australian prospector strikes gold while filming a YouTube tutorial. There's buzz about a competitor to the Australian Stock Exchange gaining traction. Meanwhile, the government invests in lithium stocks, and the US Tennis Open sees its prize money soar to $130 million. Intriguing discussions on tax reforms and employee rights also add depth to this week's financial landscape.
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PM Endorses Legislated Work-From-Home
- Prime Minister Anthony Albanese supports legislated work-from-home for Australians as a right.
- This stance contrasts with opposition calls to end widespread WFH, showing political division on workplace flexibility.
Parliament Staff Face Abuse, Overtime
- Parliamentary staff face rising security incidents and overwork, including being spat at and abused.
- The government commits to improving the culture, security, and well-being of parliamentary workplaces.
Govt Limits Flight Upgrades for Officials
- Public servants will be banned from accepting first class flight upgrades, promoting modest travel.
- The Albanese government avoids mandating economy flights between Sydney and Melbourne for officials.