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Daily Archives: January 29, 2021

Bank tech war heats up as big four face generational change

That Australia’s biggest retail bank is willing to team up with a Swedish fintech that competes for credit card customers is just one example of the disruptive threats facing the sector. Another came on Friday, when NAB snapped up the neobank 86 400 for $220 million as part of a …

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Record price difference opens between Sydney houses and units

Domain’s senior research analyst, Dr Nicola Powell, said unit prices could be under further pressure this year. “Over the past three decades it is rare that house and unit prices move in opposite directions annually,” she said. “Weaker investor activity has disproportionately impacted unit prices because they tend to be …

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Former bank chief executed in China after bribery conviction

Lai asked for or collected 1.8 billion yuan ($340 million) over a decade, the court said. It said one bribe exceeded 600 million yuan. He also was convicted of embezzling more than 25 million yuan and starting a second family while still married to his first wife. Lai “endangered national …

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EU regulator authorises Oxford-AstraZeneca COVID-19 vaccine for all adults

Amsterdam: Europe’s medicines regulator has recommended approving AstraZeneca and Oxford University’s COVID-19 vaccine for people over the age of 18, the third vaccine to be cleared for use in the European Union. The AstraZeneca vaccine demonstrated an efficacy of around 60 per cent in the trials on which it based …

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Single-shot Johnson & Johnson vaccine 66 per cent effective against COVID-19, study shows

That level of prevention “will potentially protect hundreds of millions of people from serious and fatal outcomes of COVID-19,” Dr Paul Stoffels, J&J’s chief scientific officer, said in a statement. The company plans to seek emergency use authorisation from the US Food and Drug Administration next week. Public health officials …

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Battle set to erupt over Sydney Harbour’s priceless heritage assets

But the chair of the trust, Joseph Carrozzi, says such fears are unfounded. “We are just trying to enable [ourselves] to offer long-term leases for sites or buildings on the basis that that would encourage the private sector to fund reparation works rather than government,” he said. “I understand the …

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Treaties and blind spots: What is Australia’s record on human rights?

Normal text sizeLarger text sizeVery large text size Speaking out of a webcam from perhaps the most secretive regime on earth, the North Korean official outlined his country’s “grave concerns” for human rights – not in his own authoritarian nation, where millions are said to be on the brink of …

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Monty’s last dance tells us about his home – and ours

Children, their senses not yet worn down by the passing of years, see things that are lost on adults, but I was left wondering for decades whether my memory of this black man’s dance in the street was a delusion. He was known as Monty Foster. I remembered him again …

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We’d sooner have fixed terms than a fixed election, thanks

The Prime Minister might think Australians are so cynical about their politicians that they would forgive him for cooking up some pretext to persuade the Governor-General to dissolve the Parliament. A weary-eyed public might see him exploiting the chance to increase his majority over a vulnerable opposition – he thought …

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The NRL players who WANTED to be drug tested over the summer

While the Panthers are set to be cleared of having any knowledge that Naden snorted a line of coke the night before the match, the player may face sanctions for breaching bio-security rules. The wider issue worth exploring is the one-month suspension Naden received under a timely modification to the …

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