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Daily Archives: May 30, 2021

Caroline Kennedy in running to be named US ambassador to Australia: report

In a Boston Globe editorial to announce her endorsement, she praised Biden for his long career as a public servant and fondly recalled Biden visiting Tokyo as vice-president while she was ambassador. “[Biden] stepped off Air Force Two wearing his aviator glasses and a big smile,” she wrote in the …

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Link confirms PEXA headed for $3.3 billion float

Link’s share price sank on the news by more than 4.5 per cent to $5.19 per share in morning trade. Morningstar analyst Gareth James valued PEXA at $2.2 billion in September last year and said the $3.3 billion price tag was a “great valuation” but warned it came with risks. …

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WHO scientist defends China on Wuhan lab leak theory silence

Daszak also cast doubt on US intelligence suggesting three WIV workers had fallen ill just before the first patient with COVID-like symptoms was recorded on December 8, 2019. Loading The Wall Street Journal reported last week the previously undisclosed US intelligence report. “There’s no evidence of hospitalisation, and it’s unclear …

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ASX hits 7200 and cools off; Nuix plunges 18% on downgrade

The Australian sharemarket was lower at lunchtime after it earlier set a new record high of 7203.3. The ASX 200 was last 0.1 per cent down at 7169.3 with the major banks weighing. Commonwealth Bank earlier hit a new record high $101.50 but was last 0.3 per cent lower at …

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Osaka fined for French Open media boycott, risks disqualification and up to $130k in penalties

Loading “Naomi Osaka today chose not to honour her contractual media obligations. The Roland-Garros referee has therefore issued her a $US15,000 fine, in keeping with article III H. of the Code of Conduct,” the statement read. “The mental health of players competing in our tournaments and on the Tours is …

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Hundred of bodies discovered at Canada’s former largest indigenous school

The Canadian government apologised in Parliament in 2008 and admitted that physical and sexual abuse in the schools was rampant. Many students recalled being beaten for speaking their native languages. They also lost touch with their parents and customs. Loading Indigenous leaders have cited that legacy of abuse and isolation …

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China struggling to control financial bubbles as money flows

China’s battle to maintain order in financial markets is getting tougher as money floods into everything from commodities to housing and stocks. In May alone, the government vowed to tackle speculation in metals, revived the idea of a property tax, oversaw hikes in mortgage rates in some cities, banned the …

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Montsalvat founder’s descendant stakes claim to live at farm for life

The will stated that the trust could sell Mr Jorgensen’s “residuary estate”, which includes the farm, at its discretion. The running of Montsalvat was taken out of the founding families’ hands 15 years ago, and a new board appointed, as part of a state government rescue package when the centre …

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Get out of town! ‘Heaps of jobs’ in country Victoria

Regional Australia Institute chief economist Kim Houghton said government infrastructure investment had been a boon for regional Victoria but the closed international borders had cut off a major source of workers. Dr Houghton said regional employers preferred to hire through word-of-mouth but the labour shortage had forced bosses to advertise. …

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How a fight about the Great Barrier Reef has become a free speech test

All those things, the university said, were breaches of its code of conduct and ultimately grounds for his sacking. But there is a second document at play: the university’s enterprise agreement, which is like a mass contract between the institution and its staff that sets out their rights. The interplay …

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