Arts degrees to cost $50,000 until 2028 & more today
University students face years of high costs for arts degrees, while a critical addiction treatment drug is being withdrawn from the market. National housing prices have also begun to fall, led by a significant drop in Sydney.
If you are planning to study an arts degree, expect to pay approximately $50,000 for your qualification until at least 2028. Measures to lower these university fees have been put on hold, meaning the high costs introduced under previous government reforms will remain in place for several more years.
Patients using a heavily subsidised drug for opioid dependency—used to treat addiction to painkillers or heroin—must find new treatment options before the end of the year. The manufacturer has announced it will pull the medication from the Australian market, ending access to this specific subsidised treatment.
Homeowners and buyers are seeing the property market cool as national home values fell 0.4% in June, with Sydney leading the decline at 1.2%. However, the Reserve Bank warns that the rapid construction of AI data centres could compete with new housing developments for land, potentially keeping property prices high and stoking inflation.
In Far North Queensland, Border Force authorities arrested two alleged people smugglers at a bakery in Weipa. The arrests occurred shortly after a group of asylum seekers reached the shore by boat.
For more on these stories, including which major car manufacturer is leaving the Australian market and the latest landlord demands affecting renters, visit the app’s News section.