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Daily Archives: June 30, 2020

Wirecard scandal has all the hallmarks of Enron and the carnage that followed

The company, which has now filed for insolvency, owes creditors $5.7 billion and its chief executive has been arrested on suspicion of accounting fraud and market manipulation. At its heart this scandal is about a missing $3.1 billion that the company claimed was parked in the Philippines – the veracity …

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High HECS debt is another barrier to equal parenting

I graduated later the same year with a small HECS debt – about $6000 for my entire degree. Despite spending time overseas in my late 20s and early 30s, I paid off my HECS long before I had children. As a new mother nine years ago, I naturally weighed up …

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Ex-premiers call for fast, direct airport rail route

They are expected to back a new above-ground link between the airport and Sunshine, with trains to run along existing tracks between the western hub and the city via the new Metro Tunnel. This will kill a proposal from superannuation fund giant IFM Investors to build a $7 billion tunnel …

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Why it took 50 years for an airport rail link to get off the ground

Broken election promises, fruitless feasibility studies and vested interests have stalled the project, making it a common gripe for many Melburnians. Sydney and Brisbane have one, the complaint goes, so why don’t we? The answer to this question should soon change. After months of negotiations, lobbying and the odd disagreement, …

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Same mistakes keep exposing children to online dangers

Julie Inman Grant, Australia’s eSafety Commissioner.Credit:Alex Ellinghausen The Christchurch example shows the ever-evolving nature of internet harm and how profoundly the risks have changed during eSafety’s first five years. In 2015, we simply wouldn’t have imagined a terror attack could be posted live on Facebook, or – as occurred just …

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‘Our luck may have run out’: California’s virus case count explodes

More than 7000 new cases were announced across California on Monday, its highest single-day total of the pandemic. On Sunday, Newsom shut down the bars in a half-dozen counties, including Los Angeles County and in the Central Valley, and recommended that another eight counties voluntarily close their nightspots and gathering …

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Labor pledges to reverse ABC funding cuts if elected

“ABC emergency coverage saved lives during the summer bushfires and staff came off leave to ensure Australians were kept informed. Now 250 dedicated ABC staff face the sack as a result of Scott Morrison’s cuts,” he said. Announcing the funding alongside Labor’s candidate in Eden-Monaro, Kristy McBain, Mr Albanese will …

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Liberals confident they are in ‘striking distance’ of Eden-Monaro upset

Under fierce attacks from the opposition over his decision not to release the Department of Treasury’s review into the government’s $70 billion wage subsidy scheme, JobKeeper, Mr Morrison said he was “carefully weighing up” the important issues. Labor has seized on modelling showing about 4800 businesses and an estimated 18,000 …

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Police officer charged with arson over Melbourne house fire

A police officer has been charged with arson, deception and weapons offences over a Melbourne house fire. The sergeant, from the North West Metro region, faces charges including obtaining and attempting to obtain property by deception, possessing prohibited weapons and arson following the fire at Laverton on March 27. A …

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