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Seasonal weather forecasts set to improve
The Weather Bureau's new $77 million supercomputer is set to deliver more accurate forecasts to assist farmers grappling with climate change. It's estimated improved seasonal forecasts will boost the agricultural sector by $1 billion annually.
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Australians' super savings may be bigger than thought, report finds
New research suggests older Australians may be heading into retirement with a much bigger nest egg than commonly thought. The report, by investment management firm Challenger, finds average household super wealth for those nearing retirement is close to $500,000. Given we're also living longer than ever before, it raises questions about how to manage that...
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Proposed ban on refugees arriving by boat in breach of Australia's international obligations: expert
The United Nations High Commissioner for Refugees has expressed 'deep concern' at the government's proposal to ban refugees who arrive by boat from ever entering Australia. The UN body has reminded the Turnbull government that Australia has a responsibility to offer protection to all asylum seekers, regardless of their mode of arrival. Federal Immigration Minister...
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Restricting environmental groups from litigation against resource developments excludes voices of average Australians: Cousins
The Turnbull Government is renewing its bid to stop what the Prime Minister calls 'vexatious' litigation by conservation groups against major resource projects in this country, including the massive $16 billion Adani coal mine proposed for Carmichael in northern Queensland. Last year, the then Prime Minister Tony Abbott sought to amend the Environmental Protection and...
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Questions remain after Ausgrid sold to 'all-Australian' bidders
One of Australia's biggest power distribution networks, Ausgrid, has been sold after a contentious process that revived debates about foreign ownership. Australian companies IFM Investors and AustralianSuper are the new owners of 50% of the power network. Chief executive of IFM Investors, Brett Himbury, says the IFM/AustralianSuper bid is a fantastic outcome for superannuants and...