Australians Gear Up for Winter Olympics | ABC News Highlights
Australia is gearing up for the upcoming Milano Cortina Winter Olympics, with both athletes and political events making headlines. As preparations ramp up, recent changes in the rental market and notable investigations into public figures have emerged.
Australia’s Rental Market Faces Challenges
The Reserve Bank of Australia has raised the cash rate to 3.85 percent in response to escalating inflation. This increase translates to higher mortgage repayments for homeowners.
- Higher interest rates may discourage home purchases.
- Increased demand for rental properties is anticipated.
Experts suggest that these economic changes will exert further pressure on Australia’s rental market, making it more challenging for residents seeking homes.
US Political Figures Under Investigation
Recent revelations regarding the late sex offender Jeffrey Epstein have led to significant scrutiny of well-known public figures. Bill and Hillary Clinton, alongside former President Donald Trump, are mentioned in documents linked to Epstein.
- Bill Clinton denies any knowledge of Epstein’s crimes, despite being photographed with him.
- Hillary Clinton is scheduled to provide testimony in an ongoing investigation.
- Peter Mandelson has resigned from politics and is under police questioning related to Epstein.
Aussie Athletes Prepare for Winter Olympics
As the Winter Olympics approach, Australian athletes are training intensively in the Swiss mountains. This week, skiers, snowboarders, and ice skaters are utilizing a high-altitude training center to fine-tune their skills.
- The Opening Ceremony is set for Friday in Italy.
- Some athletes have faced challenges, including a knee injury for aerial skier Laura Peel and two staff members contracting COVID-19.
Despite these hurdles, the Australian team remains focused and determined as they aim to showcase their talent on the world stage at the Milano Cortina Winter Olympics.
