Government boosts digital innovation for all
The NSW Government has unveiled the next steps in the State’s digital future with the goal of becoming the most customer-centric government by 2030 at the Digital.NSW showcase. Minister for Customer Service and Digital Government Victor Dominello said no matter where someone lives or where they are at in their life journey, there was a…
China-Europe freight train service sees steady progress
The number of China-Europe freight train trips has increased rapidly in recent years, helping stabilize the international supply chain, according to the provincial government of east China’s Jiangsu. From 2016 to 2021, the number of China-Europe freight trains increased by 55 percent year on year, with the annual freight volume rising nine times, according to…
Managed funds to improve marketing oversight following ASIC surveillance
An ongoing ASIC surveillance of managed funds has raised concerns that some responsible entities must do more to meaningfully oversee the way in which their funds are marketed to investors. ASIC identified concerns with the marketing of five funds and the oversight of this marketing by four responsible entities during its ongoing surveillance into the…
CommSec morning report Thurs 1 December
In a speech, the Federal Reserve chair, Jerome Powell said that the time to moderate the pace of rate hikes may come as soon as the December meeting. But Powell warns that rates must ultimately go higher than policymakers thought at the time at the September meeting: “we have more ground to cover”. In US…
Evening markets report Wed 30 November
Australian sharemarket closed higher on the final trading session of the month off the back of better than expected CPI data. The ASX 200 index rose 0.4 per cent or 30.9 points to 7,284.2, and 6 (of 11) sectors gained ground. Energy was the best performing sector, driven by gains in coal miners as well…
First home buyers to be better informed
First home buyers will have more support when making their own choice between upfront stamp duty or a small annual fee, thanks to the new advanced First Home Buyer Choice calculator. First home buyers will be able to input the number of years they expect to own the property and the calculator will provide an…
Moody’s lift Western Australia’s credit rating outlook
Update follows WA regaining the AAA rating from S&P Global this year, restored for the first time in nine years Cautious assessment as global economy heads into period of significant stress Report acknowledges WA’s successful handling of the pandemic and responsible financial management Moody’s Investor Service has endorsed the McGowan Government’s strong and responsible financial management…
Multinationals eye greater tech cooperation with China
Representatives of multinationals attending a forum in China have expressed a strong willingness to expand cooperation with their Chinese partners in science and technology, in order to tap the huge opportunities offered by the country’s modernization drive. At the 4th World Science and Technology Development Forum, which concluded Monday in the southwestern Chinese city of…
Western Rock Lobster achieves world first milestone
West Coast Rock Lobster Fishery receives MSC certification for the fifth time Twelve of WA’s fisheries now have Marine Stewardship Council’s sustainability tick In 2000, the Fishery was the first in the world to receive MSC certification In a world first, Western Australia’s Western Rock Lobster has been re-certified by the Marine Stewardship Council (MSC)…
Alkaloids of Australia and its former export manager sentenced
The Federal Court has sentenced a family-owned Australian pharmaceutical company and its former export manager for engaging in criminal cartel conduct, following a criminal prosecution by the Commonwealth Director of Public Prosecutions, that arose from an investigation by the ACCC. Alkaloids of Australia, which produces scopolamine N-butylbromide (SNBB), the active pharmaceutical ingredient used in common…
