Engineers trying to empty Melbourne dam earlier than it bursts
There are considerations a non-public dam in Melbourne could burst, with the highway presently closed between Greenvale and Craigieburn.
The Division of Transport’s Chris Miller advised 3AW that the SES and police had been on the scene.
“The priority is that the financial institution will really burst and clearly if that offers means, large quantities of water will come out,” he stated.
Key occasions
Filters BETA
Cannon-Brookes provides to his place within the solar with new chairmanship
Peter Hannam
Not sated by his tilt at AGL (see earlier publish), Mike Cannon-Brookes has added one other renewable power hat (or is it baseball cap?).
Already a “cornerstone” investor in Solar Cable, the corporate planning to construct large photo voltaic farms within the desert to energy Darwin and Singapore (and probably Indonesia) through an enormous cable, MCB has now taken on the function of a director and inaugural chair.
Solar Cable’s initiatives may very well be value as a lot as $30bn, and traders resembling MCB have already agreed to tip in at the very least $210m. Not simply whimsy, in different phrases.
“Mike is a visionary chief whose demonstrated ardour and dedication for the power transition strongly aligns with Solar Cable’s mission,” stated David Griffin, founder and CEO of Solar Cable.
MCB is equally upbeat as you would possibly count on, referring to the primary PowerLink challenge as “world-scale infrastructure”.
“It is going to unlock unimaginable worth for all nations concerned, work to decarbonise three main economies and rework how giga-scale photo voltaic power will get constructed,” he stated.
One other showdown looms between AGL and Cannon-Brookes
Peter Hannam
Simply over per week after AGL introduced it was bowing to calls for from traders by bringing ahead the closure date of its coal-fired energy station in Victoria, one other battle is brewing with the corporate’s greatest shareholder Mike Cannon-Brookes.
The Atlassian billionaire has amassed an 11.3% stake in Australia’s largest electrical energy generator and final month issued by way of his household firm, Grok Ventures, an inventory of the 4 administrators he wished added to AGL’s board.
For the reason that board has 5 members now (surprisingly few for a agency so massive), accepting MCB’s Fab 4 doubtlessly would have given him management. One of many present 5, Miles George, is seen as notably renewables pleasant for this previous function as head of Infigen Power, a windfarm operator.
Anyway, AGL has rejected that three of the proposed members, telling shareholders immediately it could solely advocate Mark Twidell, a photo voltaic veteran whose roles have included a stint with Tesla, for the board. Including all 4 “wouldn’t add to the general effectiveness of the board”, it stated.
For the reason that board can solely have a most of ten members, taking over all of MCB’s picks may additionally restrict AGL’s means to lure expertise with “precedence abilities”, AGL stated. These neglected are Kerry Schott, the business veteran who till just lately chaired the Power Safety Board, in addition to John Pollaers and Christine Holman.
Not surprisingly, Grok isn’t impressed and plans to interact “straight” with AGL’s 150,000 shareholders within the lead as much as its 15 November Annual Common Assembly “to elucidate the deserves of seeking to recent faces to offer a broader mixture of abilities and expertise – in addition to extra capabilities to undertake the monumental quantity of labor required by the board”.
“It is mindless to us – or a rising record of shareholders – that the board is rejecting extremely certified, unbiased administrators who’re dedicated to serving to them make AGL the main inexperienced gentailer on the planet,” Grok stated.
Considerably ominously, Grok stated the rejection was “yet one more poor resolution that doesn’t appear to be rooted in logical enterprise selections and positively ignores the threats and alternatives dealing with AGL”, including to earlier feedback that it had “reservations” in regards to the appointment of Patricia McKenzie as AGL’s chair.
AGL’s share worth, in the meantime, was down nearly 3% for the day in late buying and selling in contrast with a 0.5% decline within the benchmark ASX200 index.
I’ve a bit extra data for you on the shark assault in WA right here:
Guardian Photographer Ellen Smith was simply down at Dights Falls in Melbourne and, oh boy, take a look at these pics!
Australian athlete Georgia O’Callaghan was down there too, having some severe enjoyable:
PM doesn’t rule out future amendments to tax cuts
Josh Butler
The prime minister, Anthony Albanese, has left the door open to doubtlessly amending the already legislated stage-three tax cuts, not expressly ruling out making any adjustments when requested point-blank if reforms may very well be thought of.
Treasurer Jim Chalmers additionally stated his upcoming federal funds could be about “following the accountable path; not the trail of least resistance”, because the Coalition braces for a struggle if the federal government appears to be like to tinker with the Morrison-era tax adjustments.
Albanese has stored a low media profile this week as debate raged publicly and privately inside the federal government on the $244 billion stage-three adjustments, which can go to taxpayers incomes over $45,000 however will overwhelmingly profit these on larger incomes. After only one solitary radio interview since final Friday (when he was requested about cricket and Midnight Oil, not the information), Albanese advised a short press convention that the federal government’s view hasn’t modified.
“There’s been conferences, clearly, this week about [the expenditure review committee] and our processes. We’ll proceed to get on with ensuring that we ship a funds that’s accountable, that acknowledges the pressures which are on it,” Albanese stated, when requested in regards to the tax debate.
When requested if he would assure no adjustments to the stage-three tax cuts, the PM responded: “what I’ve stated is that the Authorities has not modified our place.”
He didn’t rule out making adjustments in future.
In a speech in Brisbane, Chalmers stated the federal government would “need to make some tough selections with this funds. Troublesome selections for tough instances.”
He didn’t communicate particularly about tax cuts, however stated the federal government would make “the precise requires the precise causes… We have to be severe about rebuilding our funds buffers – notably given the deteriorating international outlook.”
Engineers trying to empty Melbourne dam earlier than it bursts
There are considerations a non-public dam in Melbourne could burst, with the highway presently closed between Greenvale and Craigieburn.
The Division of Transport’s Chris Miller advised 3AW that the SES and police had been on the scene.
“The priority is that the financial institution will really burst and clearly if that offers means, large quantities of water will come out,” he stated.
Stephanie Convery
Unconfirmed reviews of shark assault in WA
Emergency providers are attending to an incident at Port Hedland, in Western Australia, that has been reported – though not confirmed – to contain a shark.
Particulars are scant at this stage however emergency providers confirmed to Guardian Australia that the particular person concerned is alive. A number of businesses are on the scene.
Specialists from WA’s Division of Main Industries are investigating the incident and whether it is confirmed to be shark-related, will problem a “shark watch” alert as quickly as attainable.
Victorian emergency providers obtained 600 requests for help
A member of the Victorian SES (who was not launched by title) has stated they’ve obtained 600 requests for help:
With that rainfall that we’ve seen within the storms in a single day, SES volunteers and our emergency providers have now responded to over 600 requests for help.
A few of the busiest areas for that has been round Frankston and the bayside suburbs, additionally throughout Woodend and the Maryborough districts. Over 330 of these have associated to flash flooding impacts or leaking roofs and the like.
We had over 120 requests for help representing to constructing injury related to a number of the damaging winds with these storms and thunderstorms and we have now seen an extra 100 requests for help for bushes down.
He says they’ve seen folks drive by way of floodwaters:
We all know the only largest demise or reason for demise in flooding is folks trying to drive by way of floodwaters. Within the final 24 hours, we have now seen 15 folks try and drive by way of floodwaters each right here in metropolitan areas and likewise within the areas of Maryborough… and the like. Once more, we are able to’t enchantment sufficient to folks that driving by way of floodwaters may very well be the final resolution you make.
We’re simply heading to Victoria the place authorities are giving an replace in regards to the climate
Good day everybody that is Cait Kelly, earlier than we get going – a giant thanks to Natasha for her nice work this morning taking us by way of all the headlines.
First up, I’ve this essential story from Lisa Cox:
Natasha Might
I depart you now within the very glorious palms of Cait Kelly, so I can watch Fats Bear Week’s livestream unfettered by political pressers.
Enormous lineup of contenders for Fats Bear Week
In precisely the information Australians wanted following these grim financial predictions from the treasurer, Fats Bear Week is below means with the lineup of contenders confirmed.
Annually, Alaska’s Katmai Nationwide Park celebrates how nicely its brown bears have packed on the burden forward of winter hibernation, with followers invited to vote for which bear “is the fattest of the fats”.
I shall be backing Bear 164, a small grownup male as a result of I can’t resist an underdog – or underbear because the case could also be. Katmai Nationwide Park says that, “as a substitute of competing for established fishing spots like most bears, 164 invented his personal”.
You possibly can take a look at who the contenders and discover out a bit about every bear’s biography right here, and see them in motion searching and catching pink salmon round Brooks River and Falls due to the park’s stay stream.
Treasurer pronounces collection of investor roundtables, beginning with social and reasonably priced housing
The treasurer Jim Chalmers is delivering that speech which Guardian Australia’s chief political correspondent, Sarah Martin, previewed on the weblog earlier this morning.
Additional to outlining the 5 greatest pressures on the funds (curiosity funds on servicing authorities debt, aged care, incapacity care, hospitals and defence) he has additionally introduced the federal government will host a collection of investor roundtables.
At this time, I can announce that the federal government will host a collection of investor roundtables from November 2022 to September 2023. Every one – held each three to 4 months – will concentrate on a distinct space of nationwide precedence funding. The primary, in November, will deal with social and reasonably priced housing.
To verify our conversations are focused, productive and have a level of continuity, the roundtables may have twenty core contributors. They embrace the CEOs of our massive 4 banks, together with the heads of a few of our largest superannuation and funding funds.
Contributors within the roundtables signify institutional traders, together with tremendous funds, with over $2 trillion in property below administration. And all contributors have the smarts, perception, and various vary of experiences, to make these roundtables a hit.
Vehicles skidding off moist monitor as Bathurst 1000 goes forward regardless of flooding
The Bathurst 1000 supercars occasion goes forward immediately regardless of the city in central west NSW being one of many worst affected by flooding from the extreme climate system transferring throughout the east of the nation.
As much as 100mm of rain may fall at Mount Panorama over the weekend, doubtlessly resulting in flooding alongside the Macquarie River in Bathurst.
Occasion organisers launched an announcement yesterday saying the occasion would go forward as regular regardless of circumstances. At this time, footage from the occasion reveals vehicles sliding off a really moist monitor.
– with AAP