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Daily Archives: June 30, 2018

Malaysia’s former PM’s accounts frozen

Malaysia’s former PM’s accounts frozen

A taskforce investigating a multi-billion dollar scandal at state fund 1Malaysia Development Berhad (1MDB) has frozen bank accounts belonging to the political party of former prime minister Najib Razak. The United Malays National Organisation (UMNO) is believed to have received funds from 1MDB, which is the subject of money laundering probes in at least six…

Penalty rates to drop, child care changing

Penalty rates to drop, child care changing

Some families will lose their weekend penalty rates on Sunday but might get extra money back in their pocket from childcare changes the next day. And anyone buying a product from overseas will have to pay GST on it if it’s worth less than $1000. The changes are among a raft of new budget measures…

Albert Hammond Jr channels his dark side

Albert Hammond Jr channels his dark side

The Strokes guitarist Albert Hammond Jr recently discovered his twin brother, who died in utero, left a part of himself behind in the womb – a fingernail. This information unlocked something within the singer-songwriter, another version of himself, and inspired him to write his fourth studio album Francis Trouble. “The alter-ego was a tool for…

Victorian govt finalises Snowy Hydro sale

Victorian govt finalises Snowy Hydro sale

The Victorian government has finalised the sale of its share in Snowy Hydro Limited to the federal government, in a vital step for Canberra’s energy plans. The Commonwealth will pay Victoria more than $2 billion which the state Labor government has promised to spend on regional infrastructure projects and school upgrades. Both Victoria and NSW…

Six cheetahs born at Dubbo’s Taronga zoo

Six cheetahs born at Dubbo’s Taronga zoo

An astounding six healthy cheetah cubs have been born at Dubbo’s Taronga zoo. The fresh Great Western Plains air seems to be working a treat for mother Kyan who is being celebrated for producing her fourth and unusually large litter. Zookeepers have been watching Kyan nurture her cubs via CCTV footage since their birth at…

Nike 4th quarter profit tops forecasts

Nike 4th quarter profit tops forecasts

Nike Inc. shares have jumped in after-market trading after the US sneaker giant posted better-than-expected results. The Beaverton, Oregon-based company said on Thursday it earned $US1.14 billion, or 69 US cents per share, in its fiscal fourth quarter. Revenue was $US9.79 billion, a 13 per cent rise over the same period a year earlier. The…

Extra charges for NSW school crash accused

Extra charges for NSW school crash accused

A woman accused of crashing her car into a Sydney primary school, killing two young boys and injuring others, is facing further charges including manslaughter. Maha Al-Shennag, 52, was initially charged with two counts of dangerous driving occasioning death and negligent driving occasioning death after her Toyota Kluger ploughed into a classroom at Banksia Road…