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Daily Archives: August 31, 2021

Smart doorbell lets you know when the postie leaves a package

Clever enough to notify you when someone quietly leaves a parcel on the porch, Google’s Nest Doorbell (Battery) ensures you’ll never miss a delivery during lockdown. It’s hard to justify spending $329 on a video doorbell when we’re all stuck at home and not supposed to have visitors. Of course, …

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Power station flooding a summer energy risk for Victoria

According to the Australian Energy Market Operator, the biggest cloud hanging over reliable energy this summer is the potential unavailability of the Yallourn power station due to flooding. Environment and community groups are demanding a government inquiry into how heavy flooding of the Morwell River diversion in June caused massive …

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Will APRA’s test help or harm the $3.3 trillion super system?

Frontier principal consultant David Carruthers says stamping out under-performing and high-cost funds is welcome but warned of unintended consequences. Funds that failed may now “risk up” their portfolios to avoid a second strike, which is a dangerous move while equities markets remain volatile and sensitive to COVID-19. And with the …

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Lockdowns hit property auction clearance rates

Auction clearance rates are usually a leading indicator of house prices, yet there still appears to be plenty of demand from buyers. That is being driven by record-low variable mortgage interest rates and fear of missing out by wannabe owner-occupiers. However, property prices in our two largest cities could soon …

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Geronimo the alpaca euthanised in Britain despite public outcry

London: British vets have killed an eight-year-old alpaca named Geronimo, whose fate triggered an outcry against Prime Minister Boris Johnson after the government ordered the animal to be put down because of positive tests for bovine tuberculosis. Veterinary staff in blue overalls, masks and goggles, backed by police officers, arrived …

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Hold the phone: Scooter overwhelmed by support as Pearse, Greenwood shine

Patterson hasn’t had a drink since late 2019 and said he couldn’t wait to wet the lips back in Cairns after two more events in Tokyo. “No Bacardi and orange juices yet, they’ll have to wait for a little,” Patterson said. “I’m sure the whole of Cairns will be on …

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Paralympics 2020 as it happened: Medal run continues in the pool; Greenwood overcomes bushfire horror to take silver

Alright – we are wrapping things up for the night, but not without some last-minute drama. There was some eleventh-hour chaos in the shot put F20 final. Muhammad Ziyad Zolkefli of Malaysia smashed the world record with a throw of 17.94m, but is now listed as DNS. Ecuador’s Jordi Patricio …

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Investors rewarded with bumper dividends, buybacks

Buybacks benefit shareholders as, with fewer shares in circulation, earnings per share improves as do dividends per share. Buybacks should also be positive for a company’s share price. The big-four banks’ share registers are packed with small investors, particularly self-funded retirees looking for income. The Commonwealth Bank intends to buy …

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Investors back best-in-class ethical fund managers

In another move that will make it harder for managers to conceal how they are investing, draft regulations that spell out how super funds must disclose their portfolios have been released by the federal government. The introduction of the new law has been repeatedly delayed, but is scheduled to start …

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The health of our democratic institutions is important too, Mr Andrews

Last month The Age published an investigation, “The chosen few”, which revealed a pattern of Labor Party advisers being appointed to state public service roles and an increasing centralisation of power in the Premier’s office at the expense of the roles of government departments, ministers and MPs. Such shifts, we …

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