Australia’s climate policies don’t match its big talk at COP27

Breadcrumb Trail Links PMN Business Author of the article: Publishing date: Nov 19, 2022  •  26 minutes ago  •  4 minute read Join the conversation Article content SYDNEY — Australia is talking up its green credentials at the annual U.N. climate summit, but its policies do not match the portrayal as it continues to support new … Read more

Australia’s defence dilemma: projecting force or provoking China?

The shipyard in Osborne, a suburb 20km north of Adelaide in the St Vincent’s Gulf of South Australia, feels far removed from the simmering geopolitical conflict between the US and China. The freshly built, modern facility has the air of a Hollywood set with enormous sheds connected via narrow roads. Golf cart-like vehicles ferry equipment … Read more

Isaac Humphries becomes first player to come out as gay in Australia’s NBL

Photo from Melbourne United Twitter MELBOURNE – Melbourne United center Isaac Humphries became Australia’s first active male professional basketballer to come out as gay on Wednesday, expressing relief at putting behind him “extremely dark times” when he struggled with his sexuality. The 24-year-old, a former US college player with the University of Kentucky, broke the … Read more

PBA, Australia’s NBL eye partnership, possible exhibition matches

Adelaide 36ers center Kai Sotto. Photo from Kai Sotto’s Instagram MANILA, Philippines–The PBA is eyeing a possible partnership with Australia’s National Basketball League (NBL) after officials from both leagues met virtually on Wednesday. “Gusto nila ng partnership with the PBA (They want to have a partnership with the PBA),” PBA commissioner Willie Marcial said during … Read more

While You Were Asleep: England fly to World Cup on pride jet, Humpheries first to come out as a gay player in Australia’s NBBL, Nkunku out of World Cup

The England men’s national team flew to Qatar for the World Cup on a Gay Pride jet. The Gareth Southgate managed side departed for the tournament on Tuesday  on a Gay Pride jet – a ‘Rain Bow’ Virgin Atlantic A350 Airbus. England have sent a statement by flying to the Qatar World Cup in a … Read more

FTX Australia’s license suspended as 30K Aussies left in the lurch

Australia’s financial markets regulator has suspended FTX Australia’s financial license following the appointment of a voluntary administrator to help nearly 30,000 Australians and 132 Australian companies get their funds back from FTX. The announcement was made by the Australian Securities and Investments Commission (ASIC) on Nov. 16 local time, which suspended the Australian Financial Services … Read more

Flash floods in Australia’s southeast cut off inland towns

A man wades through floodwaters amidst evacuation orders in the Maribyrnong suburb of Melbourne, Australia. File | Photo Credit: Reuters Heavy rain triggered flash floods that cut off some inland towns in Australia’s southeast on Monday, with fresh evacuation warnings issued for thousands of rural residents. The country’s fourth major flooding this year saw wild … Read more

Glenn Maxwell to miss Australia’s one-day international series after breaking leg at party | Cricket News

Glenn Maxwell will miss Australia’s upcoming one-day international series against England after suffering a broken leg in a freak accident at a party. Maxwell suffered a broken tibula in his left leg in an incident at a friend’s 50th birthday party on Saturday evening and underwent surgery on Sunday to reset the bone. The 34-year-old … Read more

Brookfield Leads $12 Billion Bet on Australia’s Climate Shift

Breadcrumb Trail Links PMN Business Brookfield Asset Management Inc. led a A$18.4 billion ($11.8 billion) offer to acquire utility Origin Energy Ltd., returning to Australia after an earlier spurned attempt to add exposure to the nation’s accelerating shift away from fossil fuels. Author of the article: Bloomberg News James Fernyhough Publishing date: Nov 09, 2022 … Read more

Australia’s lopsided swaps market creates pockets of pricing mayhem

Breadcrumb Trail Links PMN Business Author of the article: Reuters Tom Westbrook and Stella Qiu Article content SINGAPORE/SYDNEY — Volatility has exploded in an obscure but important corner of Australia’s $113-billion-a-day interest-rate derivatives market, with disruption flowing across fixed income products. Dealers say the typically stable market for swapping fixed and floating rate payments has … Read more