Southern states face a winter gas shortage and will rely on excess supply from Queensland. Considerable storage and transport capacity is needed to shift the gas south, according to an interim report by the Australian Competition and Consumer Commission. “It is imperative that gas flows from Queensland to the southern states and that there is enough…
Illegal Algorithm Costs Insurance Australia $40 Million
Australia’s largest insurance company has been hit with the largest-ever penalty imposed by the courts against an insurer for failing to give promised discounts to NRMA customers. The Federal Court has ordered Insurance Australia Limited to pay $40 million (US$26.4 million) after finding the company, wholly owned by ASX-listed Insurance Australia Group, made false or…
Queensland’s COVID-19 Quarantine Camp Lacks Transparency, Value for Money: Auditor-General Report
A new report has shown that the government of the Australian state of Queensland was not transparent and financially considerate during the construction of a $223 million (US$148 million) COVID-19 quarantine facility in 2021. On June 30, the Queensland Audit Office released the findings of a year-long investigation into the Wellcamp quarantine facility by Auditor-General…
10 Tonnes of Mining Needed for One EV, CEO Reveals True Cost of Net Zero
June 30, 2023
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BRISBANE—Business leaders at the World Mining Congress have revealed the sheer scale (and urgency) of new mining activity needed to make net zero societies feasible. The climate change movement—supposed to be about protecting the environment—will, in fact, spur mining companies to go “deeper, bigger, and faster” to meet the demand for critical minerals like lithium…
Australia and Japan Conduct Military Exercises in South China Sea
Australia and Japan have conducted military exercises in the highly contested South China Sea as both countries seek to quell Beijing’s influence in the Indo-Pacific. The military exercises took place from June 24-25 and followed the signing of a Joint Declaration on Security Cooperation (JDSC) in October 2022 that seeks closer defence and security ties…
Moderna Says Australia Removed Paediatric Vaccine Due to Shortages
Moderna says its decision to remove a paediatric vaccine from Australia was due to stock shortages. In comments emailed to The Epoch Times, Moderna Australia said that while the country’s pharmaceutical governing body, the Therapeutic Goods Administration, had provisionally approved the drug for use in children less than six years of age, the supply was…
New South Wales to Pour $55 Million Into Accommodation for Homeless People
New South Wales (NSW) is investing over $55 million (US$36 million) a year in hotel rooms for homeless people as rent increases are skyrocketing in Australia’s most populous state. Housing Minister Rose Jackson said the number of people in temporary accommodation, a place where homeless people get a shower and shelter, has surged in recent…
Taiwan Calls for Defence Official to Be Stationed in De Facto Diplomatic Mission
June 30, 2023
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The Taiwanese foreign minister has called for an exchange of defence attaches to be stationed at their respective diplomatic missions. “I think it is very important when the Australian government is paying so much more attention to the regional security issues for the two countries to be able to share their observations, their assessment of…
Australian Government Warns Against Unreasonable Childcare Fee Hikes as Higher Subsidy Kicks in
The Australian government has warned childcare providers across the country to refrain from taking advantage of the upcoming lift in childcare subsidies to raise prices. This comes as the federal Labor government’s “cheaper childcare” policy will take effect from July 1, allowing Australian families with young children to claim more rebates for childcare costs. Federal…
Victorian Catholic Schools Welcome Softening of Payroll Tax Levy but Remain Opposed to New Tax Policy
Victorian Catholic schools have welcomed the change in the upcoming payroll tax levy threshold but remain opposed to the additional tax. This follows backlash from the non-government school sector after the May state budget revealed that schools earning more than $7,500 (US4,972) per student would be charged an additional tax levy. This levy will go…
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