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Sports

Tennis news 2022: Nick Kyrgios defeats compatriot Alex de Minaur in straight sets

Nick Kyrgios’ stunning purple patch has continued, with the Wimbledon runner-up comprehensively defeating compatriot Alex de Minaur in the Montreal Masters on Friday morning (AEST).

The Australian, currently sitting at No. 37 on the ATP rankings, topped his Davis Cup teammate in straight sets 6-2 6-3, securing victory in just 62 minutes.

Kyrgios was at his absolute best during the entertaining round of 16 contest, registering 22 winners and only nine unforced errors in front of a packed-out stadium.

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However, he carried on with constant backchat towards his players box, giving almost a running commentary of his state of mind on the court in a display that seems second nature to him.

Minaur’s World No. 21 hardly won a point in the opening four games, fighting back in the second set by breaking Kyrgios twice, but struggling to hold serve himself.

It was the first time Kyrgios and de Minaur had met in an ATP event.

“After yesterday’s big high, today was really hard mentally for me to go out and play Alex,” Kyrgios said.

“We’re such good friends, he’s been having such a good career and carrying the Australian flag for so long. It was just tough mentally, it’s never easy to play a friend like that especially if they’re an Australian so I just got out here and got the job done.

“I played the way I had to play — he’s a hell of a player. If you play to his strengths he’s one of the best players from the back (of the court) in the game and he’s so fast, he’s going to have a hell of a career.

Kyrgios will next face Poland’s Hubert Hurkacz in the quarter-finals. The pair faced off two months ago on grass, with Hurkacz the victor on that occasion.

This Montreal Masters campaign will give Kyrgios an important rankings boost ahead of the US Open, which gets underway on Monday August 29.

He is expected to climb 10 spots in the ATP rankings, and could crack the top 15 if he wins the Canadian tournament.

Fresh from winning the Citi Open title in Washington, Kyrgios came back from a set down to top world No. 1 Daniil Medvedev 6-7 6-4 6-2 on Thursday.

It’s the second time in his career he’s beaten a world No. 1 and he now boasts a 3-1 head-to-head record against Medvedev, the 2021 US Open champion.

Since landing in the United States for the American hard court swing a couple of weeks ago, Kyrgios is 16-0 across singles and doubles.

He has now won 15 of his past 16 singles matches, stretching back to his run into the Wimbledon final, which he lost to 21-time grand slam champion Novak Djokovic.

“It’s rewarding to beat the world No. 1,” Kyrgios told The Tennis Channel after the victory over Medvedev.

“It’s a reflection of all the hard work I’ve done in Sydney.

“After Washington I could easily come here and be content with what I did last week, but I wanted to empty the tank these two weeks.

“Obviously my ranking’s not where I want it to be, not getting those points at Wimbledon, but I’ve got to capitalize on this little window.”

Read related topics:Nick Kyrgios

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Entertainment

Frederick Waite Jr dead at 55: Tributes paid to drummer of Pass the Dutchie band Musical Youth

One of the stars of a hit British band that produced one of the 1980s most seminal reggae songs has died at the age of 55.

Frederic Waite Jr was the drummer in Birmingham band Musical Youth.

The band performed their defining song, Pass the Dutchiejust days ago at the closing ceremony of the Commonwealth Games.

In 1982, the cannabis inspired anthem went to number one on the charts in the UK, Australia, New Zealand, and Ireland and reached the top 10 of the US Billboard chart.

It also had a recent resurgence after featuring in the hit Netflix show Stranger Things.

On Wednesday, the ban announced the death of Waite Jr on social media.

“We are sad to announce the passing of Musical Youth’s drummer Frederick Waite Jr.

“Our thoughts go out to him and his family during this sad time. We have lost a musical legend, who inspired many young musicians over the last 40 years,” the tribute stated.

Rest in Eternal Peace.

Waite, known as “Freddie” died on July 20 in Birmingham with details only being announced now. It is not known what caused his death.

The British-Jamaican band formed in the UK’s second city in 1979.

They first performed for students at their own school, Duddeston High, in the city, reported website Birmingham Live.

Pass the Dutchie was the first single after the group signed to a major label, in their case MCA Records.

Musical Youth was the first black act to have a music video played on the then new music channel MTV.

Debut-album The Youth of Today, also released in 1982, was certified gold in the UK and Canada and spawned a number of further hit singles. Musical Youth were also nominated for a Grammy Award for best new band in 1984.

The band disbanded in 1985. Two of the band members, Dennis Seaton and Michael Grant, resurrected the band as a duo in 2001.

The band came back together for the closing ceremony of the Commonwealth Games in on July 20 as part of a celebration of Birmingham culture alongside singer Beverley Knight, the band UB40 and a TV show Peaky Blinders.

However Waite did not appear with another drummer taking his place.

Tributes have poured in for Waite with people saying it was “beyond sad,” and remembering his youth in Birmingham.

“How incredibly sad, Freddie, you inspired so many black British teenagers in the 1980s and made them realize their dreams could come true,” one said.

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Sports

Barcelona signings, news, debt, how did Barcelona sign players? Spotify sponsorship, Frenkie de Jong latest

Barcelona’s attempts to establish themselves once again as a force in La Liga and the Champions League this season have seen the heavily-indebted Catalans gamble with their future to enable a striking summer spending spree.

A year after being forced to let Lionel Messi go as eye-watering reported debts of 1.35 billion euros (A$1.96 billion) crippled the club, Barcelona have spent 153 million euros (A$222m) on transfer fees alone to strengthen their squad, with Robert Lewandowski the most notable new arrival.

“This is a really exciting season. Nothing would give me more pleasure than to make all the fans happy,” coach Xavi Hernandez said before last weekend’s 6-0 friendly win over Mexican side Pumas UNAM.

“That means winning trophies. That is our main objective.”

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After three years of struggles, on and off the field, the summer has seen hope return to the Camp Nou, with president Joan Laporta talking of an exciting “new era” when the club unveiled Lewandowski as a Barcelona player.

“Euphoria” was the headline on the cover of local daily Sport the same day. Even partisan Madrid-based sports daily Marca admitted that Barca were “frightening” in the wake of their drubbing of Pumas UNAM last weekend, when Lewandowski scored his first goal since his arrival from Bayern Munich.

Yet how Barcelona have gone about raising the funds to sign Lewandowski, as well as centre-backs Jules Kounde and Andreas Christensen, AC Milan midfielder Franck Kessie, and Leeds United’s Brazilian winger Raphinha have raised eyebrows.

Faced with severe limits on spending in order to comply with La Liga’s financial controls, Barcelona knew they needed to raise money quickly to be able to invest in any signings and, crucially, to register any new players.

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– PULLING ‘LEVERS’ –

They quickly set about selling off assets to bring in money by activating a series of what have been called economic “levers”.

The club sold 25 per cent of their domestic television rights for the next quarter of a century to US investment firm Sixth Street for some 400 million euros.

Barcelona sold 24.5 per cent of Barca Studios, which manages the club’s digital business and audiovisual productions, to Socios.com for 100 million euros on August 1, and then another 25 per cent to US investment firm GDA Luma for 100 million euros more.

In the space of a few weeks, 600 million euros had been brought in to fill the coffers.

The aim was to clean up the club’s finances, make it possible to increase the salary limit set by La Liga and allow the new signings to all be registered for the start of the season.

On top of that, Barca signed the biggest sponsorship deal in their history with Spotify, bringing in a reported 435 million euros for the music streaming giant to feature on the club’s shirts and to have naming rights to the Camp Nou.

All up, that series of deals totals 1 billion euros – so Barcelona look well placed to become serious title contenders again as they prepare to host Rayo Vallecano this weekend.

Only time will tell if mortgaging part of the club’s assets in exchange for an immediate influx of cash will bear fruit.

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– DE JONG TO LEAVE? –

Yet, Barcelona are still waiting for La Liga to allow them to register their five new signings, although they hope to be able to do so in time for the season starting this weekend.

They are also hoping to further ease their financial problems by reducing their wage bill.

The Catalans have been trying to persuade Frenkie de Jong to leave, with suggestions even made that a contract he signed in 2020 was not legal. The Dutch midfielder says he wants to stay.

FULL STORY: Barca threaten legal action over contract drama — Rumor Mill

Martin Braithwaite, Samuel Umtiti and Memphis Depay are also candidates to depart the Camp Nou, with the latter reportedly a target for Juventus.

On top of that, efforts have been made to persuade certain players, including Gerard Pique and Sergio Busquets, to accept wage reductions.

Barca’s “economic miracle”, as the press have called it, still has to be transformed into a footballing miracle.

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Sports

Piastri’s stance has knock-on effects for other teams

LONDON, Aug 10 (Reuters) – Oscar Piastri’s rift with Alpine has also forced a change of plan at Williams and could have a knock-on effect around the Formula One paddock.

While the main focus has been on Renault-owned Alpine and McLaren, who both want the 21-year-old Australian to drive for them next season, tail-enders Williams have had to reassess their next step.

Alpine’s original plan was to loan their reserve, and last year’s Formula Two champion, to Williams for at least a year and possibly more until he returned as Fernando Alonso’s replacement.

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The principle was the same as when Mercedes placed George Russell for three seasons at Williams to learn the ropes before bringing him back as team mate to seven-times world champion Lewis Hamilton.

Talks were so far advanced that the Australian had a seat fitting at Williams and a contract for 2023 was drawn up between the two teams, with Alpine having already agreed on Piastri’s salary.

Then Alonso decided to race for Aston Martin next year and Piastri, offered the Alpine seat, said no — with a McLaren deal apparently more tempting. read more

Piastri would have replaced Canadian Nicholas Latifi at Williams, the only driver on the starting grid who has yet to score a point in 13 races this season, alongside British-born Thai Alexander Albon.

Latifi brings sponsorship and could potentially retain the seat, with many of the potential replacements lacking such financial clout.

With Alpine currently fourth in the championship and Williams last, the seat spurned by Piastri is the most attractive.

If Alpine do not take McLaren’s soon-to-be-discarded Australian Daniel Ricciardo, then they may be in the same market as Williams.

One possibility who stands out is current Formula E champion and 2019 Formula Two title-holder Nyck de Vries, a Mercedes F1 reserve who has already taken part in Friday first practice with Williams.

De Vries, 27, is also looking for a seat for 2023, with Mercedes pulling out of Formula E after selling their championship-leading team to McLaren.

Williams have 21-year-old American Logan Sargeant on their books, with team boss Jost Capito saying last month that he saw the F2 driver as a prospect for the future, but it may be too early for him. read more

The future of Mick Schumacher, currently with Ferrari-powered Haas, has yet to be determined while China’s former Alpine academy driver Guanyu Zhou is having a solid first season at Alfa Romeo.

Alfa, run by Swiss-based Sauber with former Renault team boss Fred Vasseur at the helm, have 18-year-old French F2 prospect Theo Pourchaire on their books as a talent for the future.

Beyond that there are racers looking for a way back into Formula One and others, such as India’s Jehan Daruvala, hoping for a door to open from the junior series.

“I’ve had all sorts of people (calling),” Alpine principal Otmar Szafnauer told Reuters this week. “Some of the guys in the junior formulas, some of the Formula E guys. Maybe eight or 10.”

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Reporting by Alan Baldwin, editing by Christian Radnedge

Our Standards: The Thomson Reuters Trust Principles.

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Sports

Oscar Piastri future; showdown with Alpine, Daniel Ricciardo McLaren, Lewis Hamilton turned down role in Top Gun

Alpine is reportedly set for a legal showdown with Oscar Piastri amid reports the Australian driver will join McLaren next season.

The 21-year-old was announced last week as Fernando Alonso’s replacement at Alpine only for Piastri to take to social media to declare he would not be driving for the team.

It came amid reports that McLaren had told Daniel Ricciardo he would not have a seat in 2023.

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Alpine team principal Otmar Szafnauer said they could seek compensation, expected to be in the millions.

“Going to the High Court is over 90 per cent certain that’s what we’ll do,” he told Reuters.

“If the [board] says ‘your license is only valid at Alpine’ and then he [Piastri] says ‘that’s great but I’m never driving for them, I’ll just sit out a year,’ then you’ve got to go to the High Court for compensation.”

Szafnauer said Alpine would assess how much money they have invested in Piastri’s development.

This figure would include the costs associated with independent tests as well as thousands of kilometers in the team’s 2021 car.

According to Reuters, one power unit costs as much as $2.55 million (AUD)

“We haven’t sat down with the accountants to figure out everything we’ve spent,” said Szafnauer.

“We will have to do that if we go to the High Court.”

According to TheRace.com, the fact Alpine believe the matter will head to the court implies that the team is resigned to losing Piastri to McLaren with their focus now on compensation rather than holding onto its rising star.

Oscar Piastri has said he will not drive for Alpine in 2023.
Oscar Piastri has said he will not drive for Alpine in 2023.Source: Getty Images

HAMILTON’S REVEALS BIG HOLLYWOOD BLOW

Lewis Hamilton has sensationally revealed he had to turn down a role as a fighter pilot in Top Gun: Maverick, describing it as “the most upsetting call” he’s ever made.

The seven-time world champion counts himself as a good friend of actor Tom Cruise, who played the lead role in the 1986 original and the recent Hollywood blockbuster that has grossed a whopping $AUD1.8 billion.

Hamilton recalls being invited to the set of one of Cruise’s movies as the starting point of their friendship.

“One of the nicest people you’ll ever meet,” Hamilton told Vanity Fair.

“He invited me to his set years ago when he was doing Edge of Tomorrow, and then we just built a friendship over time.”

Once Hamilton caught wind a Top Gun sequel was in the works, he was desperate to be involved given his love of the film as a child.

“So when I heard the second one was coming out, I was like, ‘Oh my god, I have to ask him,’” Hamilton said.

Tom Cruise bumps fists with Lewis Hamilton before the British GP at Silverstone. (Photo by Lars Baron/Getty Images)Source: Getty Images

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“I said, ‘I don’t care what role it is. I’ll even sweep something, be a cleaner in the back.’”

Cruise obliged, but he wasn’t going to give Hamilton a cameo appearance.

Instead, the megastar wanted the Mercedes driver to be one of the fighter pilots.

There was just one catch: filming was set to take place during the back-end of the 2021 F1 season when Hamilton was locked in a tense battle with Max Verstappen for the world championship.

Knowing he had to turn down the chance of a lifetime, Hamilton was devastated when he made the call.

“I’m a perfectionist,” Hamilton said.

“The most upsetting call that I think I’ve ever had.”

F1 TRACK SET TO MAKE APPEARANCE IN … CALL OF DUTY?

Christmas has come early for the cross section of F1 and Call of Duty fans.

Infinity Ward, the developers of the video game, released a trailer that confirmed the Marina Bay Circuit in Singapore will be a playable map in the latest edition of the famous franchise.

In an official statement, Infinity Ward confirmed the map would be playable in the Modern Warfare II Beta for fans to get a taste of what’s to come.

“The Modern Warfare II Beta is set to feature a robust multiplayer experience going beyond the Core 6v6 experience with a variety of meticulously designed maps of various sizes, and an equally impressive set of Modes, Progression experiences, and other aspects that will be more thoroughly revealed at Call of Duty: Next,” the statement read.

“In addition, we revealed a fly-through of Marina Bay Grand Prix, where combat occurs within the main infield of an urban race circuit, one of the 6v6 Multiplayer maps confirmed for the Beta.”

The pit lane in Singapore will look a little different in this year’s Call of Duty. (Photo by Lars Baron/Getty Images)Source: Getty Images

There does not look to be any official F1 branding or names of the drivers, suggesting it is not an official partnership between them and Call of Duty.

Funnily enough, the worlds of F1 and Call of Duty have intertwined previously, as Lewis Hamilton was a non-playable character in Call of Duty: Infinite Warfare, released in 2016.

LONG LIVE VEGAS! F1’S FIRST DATE IN SIN CITY LEAKED

What happens in Vegas might very well have great implications in the title race as the date for the Las Vegas GP has been leaked.

A Letter of Intent for the race between Liberty Media and the Convention Bureau was posted on Twitter and eagle-eyed fans noted the date.

The Las Vegas GP is slated to take place on November 18 and it would remain on that date until 2027 when the contract expires.

Based on the current F1 calendar, it would mean the race in Sin City would be the penultimate race of the season as the Abu Dhabi GP will take place on November 20 this year.

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Sports

Serena Williams’ parting shot at Margaret Court, nod to Ash Barty in retirement announcement

Serena Williams sounded just the tiniest little bit salty as she reflected on likely finishing her tennis career with one less grand slam title than Australian legend Margaret Court.

Williams’ crusade to win an elusive 24th major title and draw level with Court has been a five-year saga that looks almost certain to end fruitlessly when she retires at this year’s US Open.

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The 40-year-old American revealed her plans to end her career to focus on having another child in an article in Vogue Magazine published on Tuesday night (AEST).

Williams referenced Court twice in the piece, and while she was careful with her words left the impression she should be remembered as tennis’ greatest ever player.

“There are people who say I’m not the GOAT because I didn’t pass Margaret Court’s record of 24 grand slam titles, which she achieved before the ‘open era’ that began in 1968,” Williams wrote.

“I’d be lying if I said I didn’t want that record. Obviously I do. But day to day, I’m really not thinking about her. If I’m in a grand slam final, then yes, I am thinking about that record. Maybe I thought about it too much, and that didn’t help.

“The way I see it, I should have had 30-plus grand slams. I had my chances after coming back from giving birth. I went from a C-section to a second pulmonary embolism to a grand slam final. I played while breastfeeding. I played through postpartum depression.

“But I didn’t get there. Shoulda, woulda, coulda. I didn’t show up the way I should have or could have. But I showed up 23 times, and that’s fine. Actually it’s extraordinary. But these days, if I have to choose between building my tennis resume and building my family, I choose the latter.”

Williams stepped onto a hardcourt for the first time in a year and a half on Monday in the WTA Toronto tournament where she fought through to the second round with a straight sets victory over Nuria Parrizas Diaz.

It was her first singles victory since the 2021 French Open, some 14 months ago. The former world number one had played her first singles match in a year during a first round defeat at Wimbledon in June.

“I know there’s a fan fantasy that I might have tied Margaret that day in London, then maybe beat her record in New York, and then at the trophy ceremony say, ‘See ya!’ I get that. It’s a good fantasy,” she wrote.

“But I’m not looking for some ceremonial, final on-court moment. I’m terrible at goodbyes, the world’s worst.”

Another Aussie champion, Ash Barty, also got a mention in Williams’ self-penned article as she revealed how hard she was finding it to walk away.

Barty stunned the tennis world by retiring at age 25 earlier this year.

“I know that a lot of people are excited about and look forward to retiring, and I really wish I felt that way,” Williams wrote. “Ashleigh Barty was number one in the world when she left the sport this March, and I believe she really felt ready to move on. Caroline Wozniacki, who is one of my best friends, felt a sense of relief when she retired in 2020.

“Praise these people, but I’m going to be honest. There is no happiness in this topic for me. I know it’s not the usual thing to say, but I feel a great deal of pain. It’s the hardest thing that I could ever imagine. I hate it. I hate that I have to be at these crossroads. I keep saying to myself, I wish it could be easy for me, but it’s not.”

Read related topics:Ash Barty

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US

China appears to wind down threatening wargames near Taiwan

BEIJING (AP) — China on Wednesday repeated military threats against Taiwan while appearing to wind down wargames near the self-governing island it claims as its own territory that have raised tensions between the two sides to their highest level in years.

The message in a lengthy policy statement issued by the Cabinet’s Taiwan Affairs Office and its news department followed almost a week of missile firings and incursions into Taiwanese waters and airspace by Chinese warships and air force plans.

The actions disrupted flights and shipping in a region crucial to global supply chains, prompting strong condemnation from the US, Japan and others.

An English-language version of the Chinese statement said Beijing would “work with the greatest sincerity and exert our utmost efforts to achieve peaceful reunification.”

“But we will not renounce the use of force, and we reserve the option of taking all necessary measures. This is to guard against external interference and all separatist activities,” it said.

“We will always be ready to respond with the use of force or other necessary means to interference by external forces or radical action by separatist elements. Our ultimate goal is to ensure the prospects of China’s peaceful reunification and advance this process,” it said.

China says its threatening moves were prompted by a visit to Taiwan last week by US House Speaker Nancy Pelosi, but Taiwan says such visits are routine and that China used her trip merely as a pretext to up its threats.

In an additional response to Pelosi’s visit, China said it was cutting off dialogue on issues from maritime security to climate change with the US, Taiwan’s chief military and political backer.

Taiwan’s foreign minister warned Tuesday that the Chinese military drills reflect ambitions to control large swaths of the western Pacific, while Taipei conducted its own exercises to underscore its readiness to defend itself.

Beijing’s strategy would include controlling the East and South China seas via the Taiwan Strait and imposing a blockade to prevent the US and its allies from aiding Taiwan in the event of an attack, Joseph Wu told a news conference in Taipei.

Beijing extended the ongoing exercises without announcing when they would end, although they appeared to have run their course for the time being.

China’s Defense Ministry and its Eastern Theater Command both issued statements saying the exercises had achieved their targets of sending a warning to those favoring Taiwan’s formal independence and their foreign backers.

Taiwan President Tsai Ing-wen and her Democratic Progressive Party administration are “pushing Taiwan into the abyss of disaster and sooner or later will be nailed to the pillar of historical shame!” Defense Ministry spokesperson Col. Tan Kefei was quoted as saying in a statement on the ministry’s website.

Troops taking part in the exercises had “effectively tested integrated joint combat capabilities,” the Eastern Theater Command said on its Twitter-like Weixin microblog.

“The theater troops will monitor changes in the situation in the Taiwan Strait, continue to conduct military training and preparations, organize regular combat readiness patrols in the Taiwan Strait, and resolutely defend national sovereignty and territorial integrity,” spokesperson Col. Shi Yi was quoted as saying.

Taiwan split with the mainland amid civil war in 1949, and its 23 million people overwhelmingly oppose political unification with China while preferring to maintain close economic links and de facto independence.

Through its maneuvers, China has pushed closer to Taiwan’s borders and may be seeking to establish a new normal in which it could eventually control access to the island’s ports and airspace.

Along with lobbing missiles into the Taiwan Straitthe nearly week-long drills saw Chinese ships and planes crossing the center line in the strait that has long been seen as a buffer against outright conflict.

The US, Taipei’s main backer, has also shown itself to be willing to face down China’s threats. Washington has no formal diplomatic ties with Taiwan in deference to Beijing, but is legally bound to ensure the island can defend itself and to treat all threats against it as matters of grave concern.

That leaves open the question of whether Washington would dispatch forces if China attacked Taiwan. US President Joe Biden has said repeatedly the US is bound to do so — but staff members have quickly walked back those comments.

Beyond the geopolitical risks, an extended crisis in the Taiwan Strait — a significant thoroughfare for global trade — could have major implications for international supply chains at a time when the world is already facing disruptions and uncertainty in the wake of the coronavirus pandemic and the war in Ukraine.

In particular, Taiwan is a crucial provider of computer chips for the global economy, including China’s high-tech sector.

In response to the drills, Taiwan has put its forces on alert, but has so far refrained from taking active countermeasures.

On Tuesday, its military held live-fire artillery drills in Pingtung County on its southeastern coast.

Australia’s recent change of government is a chance to “reset” its troubled relationship with China, but the new administration must “handle the Taiwan question with caution,” a Chinese shipment said Wednesday.

China has brushed aside foreign criticism of its actions, and its ambassador to Australia said he was “surprised” that Australia had signed a statement with the United States and Japan that condemned China’s firing of missiles into Japanese waters in response to Pelosi’s visit.

Xiao Qian told the National Press Club that China wanted to resolve the situation peacefully, but “we can never rule out the option to use other means.”

“So when necessary, when compelled, we are ready to use all necessary means,” Xiao said. “As to what does it mean by ‘all necessary means?’ You can use your imagination.”

In London, the British government summoned Chinese Ambassador Zheng Zeguang to the Foreign Office on Wednesday to demand an explanation of ”Beijing’s aggressive and wide-ranging escalation against Taiwan” following Pelosi’s visit.

“We have seen increasingly aggressive behavior and rhetoric from Beijing in recent months, which threaten peace and stability in the region,” said Foreign Secretary Liz Truss. “The United Kingdom urges China to resolve any differences by peaceful means, without the threat or use of force or coercion.”

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Associated Press writer Jill Lawless in London contributed to this report.

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Business

CBA boss warns of ‘short sharp contraction’ headed for Australian economy

The boss of Australia’s largest bank has warned that the economy is already declining and that a “short, sharp contraction” is on the way.

Late on Wednesday, the chief executive of the Commonwealth Bank of Australia, Matt Comyn, delivered the company’s annual results.

Although the CBA made an eye-watering $9.6 billion in profit over the last financial year, Mr Comyn warned that tougher times were on the horizon.

He told the Australian Financial Review that he predicted “a short, sharp contraction in the Australian economy.”

“We are definitely expecting a more challenging year ahead than we have seen in the last 12 months,” he added.

However, in some good news, the banking CEO believes a contraction is almost a certainty but a full-blown recession is less likely.

Australia is in the throes of an economic crisis as inflation rose to 6.1 per cent last month, the highest level it’s been for 20 years.

And for the first time in more than a decade, Australia’s central bank has had no choice but to increase the cash rate in a bid to stop rampant inflation.

For the last four consecutive months, the Reserve Bank of Australia has increased interest rates by 1.75 percentage points and Mr Comyn more rate increases will come.

Mr Comyn told the publication his bank predicts the cash rate to increase by another 75 basis points to sit at 2.6 per cent.

The cash rate is currently 1.85 per cent.

Once the cash rate hits 2.6 per cent, Mr Comyn said the economy would experience a contraction of 1.5 per cent.

He said he “hoped” that once the cash rate reached this point it would be enough to curb spending, adding “We need to see a slowdown in demand.”

Speaking to the ABC, Mr Comyn said “We do forecast recessions in the US, UK and Europe. We don’t believe that that’s the likely outcome in Australia.”

Already there are signs that Australians are splashing their cash less.

Mr Comyn said their customer data shows that spending is falling for both debit and credit cards.

This was significantly more for customers who had mortgages.

“It’s quite early post the immediate rate rises, [but] we are already seeing a downturn in spending across our customer base, both from a debt and credit perspective,” he said.

“Of course, that’s more pronounced with customers who have a home loan, and we expect that it will continue throughout the course of the calendar year.”

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Business

American holidaymaker Theodora McCormick and husband fall victim to notorious Greek restaurant with huge bill

Yet another tourist couple have been left horrified at the bill charged by a notorious restaurant on the Greek island of Mykonos.

American holidaymakers Theodora McCormick and her husband were taking in the sights of the stunning island when they dropped into the DK Oyster bar.

They ordered two beers, two cocktails and a dozen oysters — and were slapped with a $730 bill.

Then when they complained, Ms McCormick claims that “hulking” male waiters intimidated them into paying.

She said that they only dropped into the restaurant to call a taxi and ordered to be polite.

Theodora McCormick and her husband.
Camera IconTheodora McCormick and her husband. Credit: Facebook/Supplied

“I told my husband, ‘Oh, why don’t we call a taxi and grab a drink’,” she said. “That was my big mistake.”

Ms McCormick said that when she asked for a cocktail menu, the waiter instead rattled off a list of options.

They ordered two martinis and two beers — and were amazed at the size of the drinks.

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Sports

Aussie guys roasted over North Face jacket fashion trend

A group of Melbourne men have been absolutely roasted online after they were snapped all wearing the same, very popular outfit.

It’s no secret that Aussies love a good North Face jacket, with the black puffer jackets coming out any time the temperature drops below 15C.

Australia’s obsession with this jacket is a long-running joke, which is probably why Tahlea Aualiitia couldn’t resist taking a snap when she spotted five men all sporting the clothing item.

“Surely Melbourne has a collective noun for this,” the ABC reporter wrote on Twitter above the image.

The picture shows everyone in the group wearing a black North Face jacket, black or navy pants and RM Williams boots.

The tweet has received more than 10,000 likes and almost 800 retweets.

“Always the boots … Australians cosplaying as farmers,” one Twitter user wrote.

Another person said: “I’ve got one of these coats myself. I thought it was great until I went to Melbourne wearing it and discovered that it seems to be part of a uniform there.”

The post was also also shared to the Reddit group r/Melbourne, with the poster suggesting a “puff of people” could be a good name for the phenomenon.

This prompted a long list of hilarious suggestions from users, including Kathmandudes, a Clusterpuff, Puff Daddies and a MacPack.

“The classic black puffer jacket and RM Williams combo,” one user wrote.

“RM Williams, for all that rugged outdoorsy stuff you do in your day to day life in the inner city. Like climbing in and out of the drivers seat of your Prado before hiking the 10 meters from your driveway to the front door,” another added.

One person said: “Ah yes the common Melbourne male. He can be seen with a latte in one hand as he obnoxiously takes up the whole footpath with his work colleagues. ”

While others were ridiculing the group for their matching fashion, one Reddit user was quick to jump to their defense.

“Look, it gets bloody cold in Melbourne and there isn’t anything warmer, lighter and functional than a down-filled jacket. Puffer jackets are a necessity not a fashion choice – they are a very intelligent addition to a winter wardrobe in Melbourne,” they wrote.

“The problem (it isn’t a problem) is lack of choice. Every store has puffer jackets but the styles and colors available are extremely limited. So you buy a black one that will go with anything. What looks good with a black jacket? Black jean. So you wear it with black jeans.

“Interstate visitors often mention the ‘Melbourne uniform’ (because we wear a lot of black). We don’t choose to wear black, black chooses us. I’m ignoring the black and brown Chelsea boots, because they are an Australia-wide plague.”

The North Face jacket obsession is so widespread, that a British expat dedicated a whole TikTok to mocking Aussies over it.

Daniel Olaniran, known as @olantekkers, is originally from the UK but has lived in Australia for over two years.

The former professional footballer is clearly no stranger to chilly English training sessions, which is probably why he thinks Australia’s obsession with mountain wear brands North Face and Kathmandu as soon as it gets cold is a bit rich.

“Australians in the winter man, you lot are funny man,” he said.

“You guys can’t wait to bring out the North Face jackets… I’m seeing big puffy North Face jackets looking Arsène Wenger, you know what I mean.”

One video captioned “mornings in Bondi” showed dozens of Sydneysiders in huge puffer jackets with the sun out.

He said he’s noticed the amount of Aussies in “North Face drip from head to toe, including the hat and gloves, like what is this man”.

“It’s not even that cold man, all you need is a light jumper and you’re ready to roll bruv.”

“In Sydney I really don’t think it gets too cold… it gets chilly but not on the level of a winter in London,” he said via the Daily Mail.

“I think most Aussies struggle because they’re obviously so used to the sun.”

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