NewsBite

Your noon Briefing: Australia at risk of deep recession warns UBS

Hello readers. UBS warns Australia is at risk of a deep recession and a rival claims Roger Federer receives “unfair advantage” at majors.

Hello readers. Here is your noon digest of today’s top stories.

Duncan Skene, from Maxwell Collins real estate auctioned 105 Maud St, Geelong.  Picture: Peter Ristevski
Duncan Skene, from Maxwell Collins real estate auctioned 105 Maud St, Geelong. Picture: Peter Ristevski

‘Hard landing’ could smash banks

Australia is at risk of a deep recession if a flood of class actions hit the banks as housing prices plunge, warns UBS.

-

MELBOURNE, AUSTRALIA - JANUARY 30:  Roger Federer of Switzerland walks with Craig Tiley as he prepares to pose  with the Norman Brookes Challenge Cup after winning the 2017 Australian Open Men's Singles Final, on January 30, 2017 in Melbourne, Australia.  (Photo by Quinn Rooney/Getty Images)
MELBOURNE, AUSTRALIA - JANUARY 30: Roger Federer of Switzerland walks with Craig Tiley as he prepares to pose with the Norman Brookes Challenge Cup after winning the 2017 Australian Open Men's Singles Final, on January 30, 2017 in Melbourne, Australia. (Photo by Quinn Rooney/Getty Images)

Federer receives “unfair advantage”

Claims that Roger Federer receives preferential treatment at the Australian Open because of commercial links have been made.

-

Jeff Kennett says don't be surprised if there is an upset in the Victorian election.
Jeff Kennett says don't be surprised if there is an upset in the Victorian election.

There’s an upset ahead

The public rarely vote for oppositions, writes Jeff Kennett. They vote for or against the government of the day — like in 1999 when I lost the Victorian election. I sense history is repeating itself.

-

White Ribbon Chair appoints TracyMcLeod Howe as new CEO of White Ribbon Australia.
White Ribbon Chair appoints TracyMcLeod Howe as new CEO of White Ribbon Australia.

Sponsors abandon White Ribbon

Anti-domestic violence agency White Ribbon Australia is in a “parlous’’ financial state.

-

3d rendering humanoid robots working with headset and notebook
3d rendering humanoid robots working with headset and notebook

Why your job is safe

Artificial intelligence may not be as smart, nor as rampant, as we all once feared, writes Adam Creighton.

Original URL: https://www.theaustralian.com.au/news/briefing/your-noon-briefing-australia-at-risk-of-deep-recession-warns-ubs/news-story/0255540fa8e2f48f621b07309f5978b4