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Daily Archives: December 2, 2019

Caltex says Canadian giant’s $8.6b takeover offer ‘undervalues’ company

“Caltex has a well-developed strategy, privileged assets, strong leadership and compelling growth opportunities that the board believes will deliver attractive value for its shareholders over time,” board chairman Steven Gregg said. Caltex was forced to disclose Couche-Tard’s offer of $34.50 cash per share – less any dividends paid by Caltex …

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Council plan to put e-bikes on the streets of Melbourne

The RACV has said it was not going to be involved in trhe council’s new bike share scheme. The distinctive yellow oBikes were dumped, vandalised and thrown in the Yarra before they were decommissioned a year after first arriving, when their Singapore-based parent company was put into liquidation. E-bikes look …

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A ‘national embarrassment’: Australia to end bilateral aid to Pakistan

A key objective of Australia’s aid to Pakistan has been assisting women and girls with a focus on education, increased access to quality reproductive health and gender-based anti-violence services. Pakistan is one of the poorest countries in Asia and was placed 150 out of 178 nations on the most recent …

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Scott Morrison not for turning on New Zealand resettlement deal

It estimated offshore processing is costing the Australian government more than $573,000 per offshore person annually. Senator Jacqui Lambie walks past Senators Pauline Hanson and Malcolm Roberts.Credit:Alex Ellinghausen The report, At what cost? , found detaining the same person onshore in Australia would save about $200,000 for each person annually, …

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As a grandma-to-be I can no longer stay out of this debate

I asked Richard Thornton what to do. Thornton is the chief executive officer of the Bushfire and Natural Hazards Cooperative Research Centre, a position he’s held for more than six years. Of course, he’s an expert at bushfire management but he sets it plainly in the context of climate change. …

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Angus Taylor rejects new claim he failed to disclose shareholding

The questions to Mr Taylor centred on his family company, Gufee, and its stakes in private companies Growth Farms and Farm Partnerships Australia. While these are disclosed on the parliamentary register of interests, there is no disclosure of the fact that the two companies own shares in another company, GFA …

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Regional train strikes on the way as V/Line staff vote for industrial action

The union previously said in documents lodged with the Fair Work Commission that V/Line was removing driver training provisions, an eight-hour shift guarantee, public holiday loadings and other penalties. Loading Rail, Tram and Bus Union branch secretary Luba Grigorovitch said it was clear staff were frustrated by the slow bargaining …

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Jogger stabbed ‘in random attack’ Sydney’s west

A number of crime scenes have been established and police are investigating. The attackers remain at large. A spokeswoman for NSW Police said officers were yet to speak to the victim but there was no information to suggest the stabbing was anything other than a random attack. NSW Police Superintendent …

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Son’s joyride in stolen car ends in his father’s death

A son’s joyride in a stolen car has ended in tragedy, after his father who was clinging to the side of the vehicle was killed when the vehicle flipped. Police say Michael Gliddon, 41, was hanging off the side of a black Kia Sorrento as it was being driven by …

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Sydney ‘surrounded’ by bushfires as winds cause problems in Blue Mountains

She said backburning had successfully contained the fire on the west of Cliff Drive – a key barrier – but winds of up to 100km/h had created serious challenges. Loading “It’s the biggest hindrance at the moment,” Ms Burford said about the wind. Despite the gusts, the fire front remained …

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