Australia

Queensland generators pull capacity as the energy market enters a new crisis

The crisis of confidence in Australia’s broken electricity market deepened on Tuesday in even more extraordinary scenes that saw prices move towards market capitalization, market operator emergency intervention and a sudden and massive withdrawal of the capacity of the main generators. Rapid-moving events were triggered again by rising coal and gas costs, and the ability …

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Larger interest rate hikes are expected as banks urged to pass them on to savers

RBA Governor Philip Lowe said Australians should expect more interest rate hikes in the coming months. “Today’s rise in interest rates is a further step in the withdrawal of the extraordinary monetary support that was launched to help secure the Australian economy against the worst possible effects of the pandemic,” he said in a statement. …

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Cold comfort? Queensland residents tremble for the coldest July day in 30 years

Residents of some regions of Queensland have shaken the coldest day in July in 30 years, and Tuesday’s forecast will be the comfort of the cold. Meteorological Bureau meteorologist Helen Reid said many places in Queensland experienced their coldest day in July Monday afternoon. “Biloela had the coldest maximum day in history, with 11 degrees. …

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ADF report on alleged misconduct in East Timor warned of cultural problems to special forces, years before war crimes claims in Afghanistan

An internal report by the Australian Defense Force explicitly warned of a “code of silence” and a culture of cover-up for special forces years before allegations of war crimes in Afghanistan arose. Key points: A report written following investigations into alleged misconduct by Australian personnel in East Timor said the special forces code of silence …

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Kyrgios accused of assaulting the ex-girlfriend while Wimbledon issues a statement

Australian tennis star Nick Kyrgios has to face the Canberra court after assaulting his ex-girlfriend. The Canberra Times reported that the indictment relates to a complaint Kyrgios took from former teammate Chiara Passari. ACT Policing can confirm 27-year-old Watson man is scheduled to face ACT Magistrates Court on August 2 in connection with a common …

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Christian Porter acting for Mick Gatto in his appeal to the higher court over the ABC defamation case

Former Attorney General Christian Porter is acting for the figure of the underworld Mick Gatto in a bid for a high court appeal in his defamation case against the ABC. Gatto sued public broadcaster and journalists Nino Bucci, who now works for Guardian Australia, and Sarah Farnsworth for an article that says he falsely accused …

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