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Daily Archives: June 25, 2021

Pentagon remains baffled by UFOs in new report on encounters

The report lists five potential categories of what the government calls “unidentified aerial phenomena,” including the possibility of foreign adversaries flying unknown technology to events occurring naturally in the atmosphere. But only one was categorised as “airborne clutter” and believed to be a large, deflating balloon. The rest are uncategorised …

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Emission impossible: Barnaby Joyce’s power play fires up the Nationals

Polling consistently finds a majority of all Australians want climate action, and new data gathered for The Sydney Morning Herald and The Age shows that Australians living in rural and regional areas are just as concerned about climate change as those in cities. According to research by Resolve, 56 per …

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‘Investors thought all floats go up’: How the IPO boom of late 2020 went bust

Both Booktopia and Liberty had previously made unsuccessful tilts at ASXs listings before COVID-19 was even an acronym. Remarkably, it was easier to finally pull off a float in the middle of a pandemic, as ultra-low interest rates and government stimulus measures boosted confidence and underpinned a ferocious resurgence for …

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‘Wake up moment’: Nuix whistleblower’s lawyer breaks silence

“What happened at Nuix should be a wake up moment,” he said. “If it turns out that ASIC did a tick and flick of the [Nuix] prospectus then the system is broken and there needs to be an inquiry. If they did more than that then why didn’t they contact …

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A lack of transparency and accountability in planning

Short changing the north-east suburbs Your headline regarding the endangered butterfly mentions a deferment of a painfully long overdue $530million rail duplication project. There is no mention that the populations of Banyule, Nillumbik, Whittlesea and outlying feeder councils will be adversely affected. And no mention of the alternatives to accommodate …

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Changing times demand an urgent solution, or we’ll all be ‘way out’

One night, on my way home from an Italian restaurant, I saw a couple of abandoned shopping trolleys on the nature strip. This is hardly hold-the-front-page news in urban Sydney. What amused me is that someone had gone to the trouble of “artfully” stacking one trolley atop the other. This …

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Woodside Building scoops architecture awards

“This venture included environmental leadership, and to encourage research and invent solutions for future sustainable outcomes,” says architect Andrew Cortese, managing partner of Grimshaw. Given there was a need for collaboration and cross-disciplinary work, particularly in the science, engineering and information technology arenas, Grimshaw’s scope centred on creating advanced manufacturing …

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Warehouses power commercial values, leaving office and retail flat footed

Loading While heading in the right direction, the tepid uplift reflects investors’ worry about the ongoing impact of working from home and the potential for a radical shift in tenant requirements for office spaces. Its office asset values rose marginally, by 0.8 per cent, but industrial assets jumped 9.8 per …

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Woolworths gets green light for $400m Wetherill Park centre

“The co-location of fresh and chilled operations across a multi-storey site will also help remove more than 11,000 truck movements off Sydney roads each year, delivering environmental, traffic and road safety benefits to the community.” The 76,000 sq m multi-storey fresh distribution centre at Wetherill Park is set to service …

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Swiss watchmaker marks time in Collins Street’s Block Arcade

The 10-storey building, with its dozens of small offices, studios, shops and galleries, is for sale through Allard Shelton and Colliers International and could sell for as much as $80 million. St Kilda revival In a sign investors are banking on a long-awaited St Kilda revival, a strip of shops …

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