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Daily Archives: June 11, 2020

PM wants focus on Indigenous incarceration not slavery history

In a later 3AW interview he said the “very high level of Indigenous incarceration” was a genuine issue, but the Member for Cook — the electorate named after Captain James Cook, whose legacy is currently under review in the United Kingdom — wanted Australians to focus on that rather than …

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Distinctive red runners helped lead Will’s rescuers in right direction

“They found footprints and then the shoes,” field organiser Peter Campbell from Bush Search and Rescue Victoria said on Thursday. “Some footprints were pointing in a certain direction in soft earth and then the shoes gave us the direction of travel.” Will was “perhaps inadvertently” leaving his rescuers clues, he …

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Unions, business groups sign up to work on industrial law changes

Mr Porter will chair each of the groups for at least the first round of talks and has named West Australian businessman Tim Marney as deputy chair. Mr Marney joined the Western Australian Department of Treasury in 1993 and was the Under Treasurer of the state (a public service position) …

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A tweak to the way we price electricity could spark profound changes

New technology will allow battery-owners to more effectively buy energy from the grid when demand is at its lowest, and sell it back when demand is high. Settling the price every five minutes is a huge advantage to nimble and fast technologies like batteries and new forms of generation, because …

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Porter calls time on changes to wages agreement notice period

The review did not identify any cases of misuse by employers but concluded the need for the change had passed and the original seven-day access period should be reinstated. Loading The Australian Council for Trade Unions had warned the new rule could be used to undermine workers’ rights and protections, …

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Don’t award ‘tax dodging’ companies major projects in wake of pandemic: Rex Patrick

“Revenue is a more important issue post-COVID because there are potentially fewer companies contributing to consolidated revenue. Even those that are, are likely to have reduced profit because of COVID. That means everyone has to contribute fairly.” On Wednesday, Mr Patrick used parliamentary privilege to pillory Lendlease and the ASX-listed …

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‘Not good enough’: NAB investigating staff underpayments

The National Australia Bank has launched a wider independent investigation into staff payments after discovering last year that 1500 employees had been short-changed a total of $1.3 million. NAB executive Susan Ferrier emailed staff on Thursday saying the bank had employed law firm King & Wood Mallesons and audit firm …

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ASX cops $56b reality check as Fed talk sparks sell-off

“I would characterise this move as the ‘step back’ in a two-step forward, one step back scenario,” he said. “It just got a little bit expensive and it’s now taking a pause … it’s not a straight line and there will be more corrections like this in the future too.” …

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Calls for tax and parking restrictions on polluting cars and trucks

Electric vehicles are an important way to curb emissions but the uptake is too slow, the report warned, with electric vehicles only making up 0.6 per cent of Australia’s vehicle fleet compared with 3.8 per cent in Europe and 2.3 per cent in New Zealand. Other key changes are needed …

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Pandemic pummels gas outlook as investment in renewables also falters

The IEA expects gas orders to recover in mature markets and expand in emerging markets in 2021 in part because of those low prices. Medium-term demand, though, for liquefied natural gas exports faces “several key uncertainties”. “[LNG] is expected to remain the main driver behind global gas trade growth, but …

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