Tag: Government
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Turnbull rejects calls to bail out Hazelwood
Prime Minister Malcolm Turnbull has emphatically turned down a call from Tony Abbott to stay the closure of Hazelwood power station in order to prevent the worsening of the impending energy crisis. Former Prime Minister Abbott has publicly urged current Prime Minister Turnbull to rethink the planned closure of the Gippsland-based power station in Victoria, warning that…
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Victoria criticises Federal Government on home ownership
The Victorian government has today launched an attack on the federal government, accusing them of not acting sufficiently to arrest the decline in home ownership levels. With a meeting of the nation’s treasurers scheduled to take place today in Canberra, the home ownership problem is set to dominate the agenda. The Victorian Treasurer, Tim Pallas,…
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Malcolm Turnbull calls for unified effort on energy crisis
Prime Minister Malcolm Turnbull has called for a unified approach to the energy shortages threatening Australia, dismissing Victorian Premier Jeff Kennett’s proposal for unilateral federal control over the issue. Mr Turnbull told the Seven Network that while Mr Kennett may see the value in the Federal Government taking the lead on energy shortages, it was…
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Government prepares $2bn Snowy Hydro expansion
The Federal Government will today unveil a plan for a $2 billion expansion of the Snowy Hydro electric scheme in order to stave off the impending energy crisis on Australia’s east coast. This expansion is set to increase the output of the hydroelectric power scheme by up to 50%. The move which is being heralded…
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Centrelink overpayment errors ‘not counted’
The Senate inquiry into Centrelink’s automated debt recovery system has found that the system has not kept track of how many overpayment errors were caused by the agency itself. Greens senator Rachel Siewert has called for greater clarity from the government service on the functionality and reliability of the new automated system. “I think it…
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Australian trade surplus falls by two-thirds
Australia’s trade surplus has fallen to $1.3bn for January 2017, a drop of almost two-thirds from December 2016’s significant $3.3bn surplus. This surprising decline defied the expectations of many market experts, who had predicted further growth in the surplus following the record-breaking surplus recorded for December 2016. However, economists have been quick to address the situation, stating…
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Australian MPs, police, and judges targeted in email hack
The private email accounts of thousands of Australian government officials, Australian Federal Police, judges and members of Parliament have been exposed in a massive data breach at Yahoo. The hack, which is thought to be the biggest in the world, impacted one billion accounts. The ABC reports that the private data of 3, 400 high profile…
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Be careful of the 1:42pm stress
According to a new survey by Groupon, 1:42pm precisely is the most hectic and stressful minute of the day. With an average person spending 8 hours or more at work, they develop patterns of tiredness and drowsiness during the day. 60% of individuals do not have time to relax at home because of family commitments…
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NBN gets $19.5 billion from government
The National Broadband Network (NBN) has received a $19.5 billion loan from the Turnbull government to allow it to complete the rollout. The NBN was unable to raise enough funds on the open market to complete the infrastructure project. Finance Minister Mathias Cormann and Communications Minister Mitch Fifield released a statement acknowledging the loan and expanding…
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Things you did not know about Google
Google is celebrating 18 years of the being the world’s largest internet company. If you visit the website you’ll find balloons and a little animation doodle on the home screen. To honour the company that has always been able to answer any questions we have, here are some facts you did not know about the site. Google has a pet T-Rex…