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The cost of Twitter and the cost of living in our latest newsletter.
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Dear friends,

All week I’ve been wondering what I’d do if I had $61 billion. While my fantasies range from altruistic (an unending tap of money for deserving charities) to downright silly (a custom-built castle for my cats), purchasing Twitter does not make my top ten. But that’s exactly what Elon Musk did this week, prompting a tidal wave of terrible takes and a few very funny ones. If you’re wondering what’s next for the platform, check out this interesting Vox analysis of what changes Musk could make.

For us non-billionaires, the cost of living continues to bite. As I write to you, the Reserve Bank has just announced that inflation - the cost of things we buy - has gone up a whopping 5.1 percent over the last year, to 3.7 percent. Wage growth, by comparison, is at 2.3 percent. It’s hard to imagine the biggest annual increase since 2001 won’t tempt the Central Bank to finally raise interest rates at next Tuesday’s monthly meeting, which is bad news for mortgage holders, especially those who’ve paid record prices in the capital cities.

We’re nearing the halfway mark in the federal election campaign and with fresh (and deeply frustrating) Coalition in-fighting around net zero emissions, you’d be forgiven for thinking it’s 2020, not 2022. On the other side of the chamber, meanwhile, there are reports that star performer and Shadow Education Minister Tanya Plibersek has been inexplicably frozen out of Labor’s campaign.

If you’re after a daily recap of the latest election news all in one place, I’d urge you to tune into our HerVote Breakfast Briefing series at 8am weekdays in our members-only Facebook group. If you haven’t caught up yet, I’d point you to Friday’s chat with disability advocates Elly Desmarchelier and Hannah Diviney about the NDIS and our upcoming interview with youth advocate Yasmin Poole this Friday.

Looking abroad, French President Emmanuel Macron has beaten far-right opponent Marine La Pen to secure a second five-year term. However, Al Jazeera notes that the amount of voter support for La Pen is a worrying harbinger of far-right extremism becoming increasingly mainstream in the European nation.

Some news I did welcome this week came from Harvard Business Review, who found that women score higher than men for most leadership skills, including initiative and resilience. Tuck that in your pocket for the next Sunday dinner where Uncle John assures you women just aren’t built for leadership roles.

Speaking of leadership, there is still time to sign up for our first Future Proof series for 2022: Working Smarter: Finding Balance in a Busy World. Jessica Bilston-Gourley will guide you through asking for flexible work that suits your life, not the other way around. Jessica is followed by sessions on managing up and managing expectations, and work, life and boundaries.

In news that fills me with both pride and sadness, Future Women’s groundbreaking series on domestic abuse, There’s No Place Like Home has come to an end this week. Our tenth and final episode, Deborah, is a nuanced and thoughtful examination of what long-term healing looks like. If you’re able, I’d encourage you to listen, follow, rate and review. It’s been a privilege to be able to partner with CommBank Next Chapter to amplify the voices of Laura*, Geraldine, May*, Nina*, Khadija, Eleanor*, Jex, Carly, Amani and Deborah.

Finally, it feels like we all need a little escapism right now. If like me, you spent the last two long weekends bingeing every show in sight, then tomorrow is the perfect chance to dive into our new virtual TV Club. Madison Howarth and Ella Jackson have run to the modiste to prepare for a jam-packed chat about season two of Bridgerton. Spoilers guaranteed.

That’s all from me for now.

Sally Spicer
Senior Content Director, Future Women

 
 
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