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Daily Archives: January 3, 2021

China oil majors may face US delisting after telcos cut

Chinese oil majors may be next in line for delisting in the US after the New York Stock Exchange said last week it would remove the Asian nation’s three biggest telecom companies. China’s largest offshore oil producer CNOOC (China National Offshore Oil Corporation) could be most at risk as it’s …

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Property prices defy pandemic, growing in every capital city except Melbourne in 2020

The coronavirus pandemic also changed when people were willing and able to sell, and when the virus hit sales volumes dropped 40 per cent. But by the end of the year there were more sales than 12 months ago, CoreLogic research director Tim Lawless said. “Record low interest rates played …

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From the Archives, 1966: The first sod is turned at VFL Park

Minutes after Sir Kenneth had turned the first sod at the VFL Park, Waverley, the bulldozers and graders driven by John Smith, Bruce Sinclair and Bill Thorne went into action. They began gouging big holes in the earth and pulling down trees to make way for the new League ground …

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AFL imposes group training restrictions again

Hopes AFL clubs would be able to return to normal as they come back for pre-season training this year have not materialised, with the league again imposing group training restrictions on clubs in the wake of COVID-19 outbreaks in NSW and Victoria. With West Australian clubs affected by quarantining players …

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Digital TV, 20 years on, may never end up fulfilling its potential

It’s 20 years this summer since Australian broadcasters launched digital TV with great fanfare, but they’ve struggled to deliver on the promise of an entertainment revolution. The fate of sport and television has been intertwined ever since the first black and white broadcasts brought the 1956 Melbourne Olympics into our …

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Unions, funds warn super rule changes could hinder economic recovery

Loading The Australian Council of Trade Unions (ACTU), the nation’s largest superannuation fund Australian Super and construction industry super fund Cbus say the changes could discourage the $3 trillion sector from investing in nation-building infrastructure, as timeframes for these projects are often decades-long. Instead, they warn funds might consider shorter-term …

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Renewable energy to beat Labor’s 50 per cent ‘wrecking ball’ target

Loading At the time, the Coalition criticised Labor for mandating a target without plans to balance the rapid rise of renewables in the grid. It cited modelling from BAEconomics which found the party’s twin climate targets could cut the average wage by more than $8000 and cost as many as …

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Capitalism is best – it just needs regular maintenance

Loading The proof of this is the unimaginable improvement in the living standards and amenity of ordinary people over the 260 years since the rise of capitalism brought on the Industrial Revolution. Have many rich families done well over that time? Yes. Is that a reason to regret what’s happened? …

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Bring it on: the COVID-19 jab is safe so let’s jump-start the Australian rollout

Aged care facilities are a particular concern. It is only a matter of time before the virus is introduced into an aged care facility with the inevitable consequences of severe COVID-19. Loading Britain, the United States and the European Union, among others, have already started vaccination programs, using targeted campaigns …

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Reflections on a ghastly year: Trump’s final days are even weirder than Nixon’s

Trump’s final days are even weirder, though we might be grateful that he hasn’t found solace in whisky. Angry, depressed, and fascinatingly ambivalent about a loss that has vandalised his ego (yet relieved him of a duty that overwhelms him), Trump has golfed excessively and found counsel in mad sycophants …

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