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Australian mortgage holders are suffering through the most severe interest rate hikes in a generation because of the decisions by multi-millionaires on the Reserve Bank board who earn eye-watering salaries. 

Governor Philip Lowe (left), who is paid $1,076,029 a year, is far from the only interest rate decision maker on a seven-figure salary, as average borrowers with a $600,000 mortgage face a $1,060 surge in their monthly mortgage repayments by November compared with May

One-time Coca-Cola Amatil CEO Alison Watkins was appointed to the RBA board in December 2020 for a five-year term when she was still earning $2,178,652 a year as the head of the soft-drink bottling company.

The 26-year-old Moroccan international defender joined for £28million, but had ankle surgery after sustaining an injury in their pre-season friendly against Rangers last week, digital products providing a huge blow to the Hammers.

It also added that recent rises in asset values and the Government’s decision last year to maintain the IHT tax free thresholds at 2020 to 2021 levels up to and including 2025 to 2026 — which will mean people are increasingly likely to be caught.

«A ‘scarcity trap’ occurs when supply is reduced to rebalance falling demand such that a pricing floor is established. It is reasonable to think of such actions as a market failure under standard economic assumptions.»

At CNET, our laptop experts have collective decades of experience testing and reviewing laptops, covering everything from performance to price to battery life. This hand-curated list covers the best laptops across various sizes, styles and costs, including laptop computers running on Windows, MacOS and Chrome. (Microsoft released the full version of its Windows 11 operating system in October 2021; all of the Windows laptops on this list are on Windows 11.)

‘Everyone is taking the p**s at the moment and I don’t know why because all the queues have disappeared from the chippy,’ the wrote. ‘Pubs and restaurants are pretty empty, everyone has cut back because of high prices, so they lose out even more in the end!’

Apple MacBook Air M1 2020

Best MacBook for basics

Despite the availability of the new bigger and better M2 MacBook Air, the M1 MacBook Air (one of the first to switch from Intel to Apple silicon) is staying around and that’s a good thing. As Apple’s entry-level laptop it is still our go-to recommendation for a MacOS laptop for basic everyday use. It has great performance and long battery life — up to 18 hours — and is a solid choice for school or work. 

For casual browser-based games or using streaming-game services like  and , you don’t need a powerful gaming laptop. And similarly, if you’re just trimming video clips, cropping photos or live-streaming video from your webcam, you can get by with a modestly priced laptop or Chromebook with integrated graphics. 

‘There has also been a higher volume of wealth transfers due to Covid — partly due to more deaths in the elderly population, but also as some people make outright gifts to help family during this difficult period.

The release delays helped push up the cost of an average lot by $194,010 across the estates in Aura, Springfield and Yarrabilba in Queensland; Willowdale, Jordan Springs and Googong in NSW; and Atherstone, Woodlea and Manor Lakes in Victoria.

Microsoft Surface Pro 8

Best Surface laptop

Although this Microsoft Surface laptop is not the , the Surface Pro continues to hit all the right notes if you’re looking for a do-it-all Windows tablet that doubles as a Windows laptop. Microsoft recently overhauled it for the , which has a larger 13-inch display, 11th-gen Intel Core processors and two Thunderbolt 4 USB-C ports. The Surface Pro 7 is still around for the time being at a discount, and an updated version called the Surface Pro 7 Plus will stay in the lineup, so you’ll still be able to get the classic Pro design but with new processors.

Victorian Premier Daniel Andrews said he expects private developers to release lots to buyers as soon as possible, and flagged his government was open to legislative reforms to crack down on land banking.

Andrew Tully, technical director at Canada Life, said: ‘HMRC is witnessing an incredible spike in income from IHT delivering £1.8billion to the taxman already this financial year, £300million higher than the same period last year. 

Dell XPS 17 9720

Great for work and gaming

The XPS 17 combines the same slim, premium design of its 13-inch linemate but with increased performance possibilities. It can be configured with up to a 12th-gen Intel Core i9 processor, 64GB of memory and a 6GB Nvidia GeForce RTX 3060 graphics chip. The best part: Dell trimmed up the chassis so much that you get a 17-inch display in a body that’s the size of an older 15-inch laptop. You’re getting a lot of power and a big screen in the smallest possible package. 

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