Australia

Solomon Lew decries government ‘inaction’ as retail shutdown announced

Billionaire retailer Solomon Lew has hit out at the Victorian government over its new limits on retail trade in the state, accusing the Andrews government of not acting early enough and causing unnecessary damage to the economy. On Monday, the state government announced the majority of retailers across Melbourne would be forced either to shut down entirely or to switch ...

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Australia adopts international standards to shape hydrogen future

Industry body welcomes guidelines, which it says are crucial to realizing the potential of the nation’s hydrogen economy. Standards are essential to a potentially lucrative export industry, according to the Australian Hydrogen Council. Australia has adopted eight international standards to shape its hydrogen future, as it bids to use the fuel to enhance energy security and build a billion-dollar export ...

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Defence kicks off first stage of Australian space domain awareness capability

It will be used to help identify threats and monitor debris and space weather events. The Australian Department of Defence has announced plans to build a space domain awareness (SDA) capability for the Australian Defence Force in light of the country’s growing space industry, in addition to the recent establishment of the Australian Space Agency. Under the SDA Project JP9360, ...

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Spotswood Fire Department will assist in RFP for new conceptual firehouse plans

SPOTSWOOD–Before the Spotswood Borough Council purchased a vacant boarded-up property earlier this year, Fire Chief Kevin Meade and residents voiced their vision of turning it into a new firehouse. In one of the council’s latest moves, borough officials have approved a resolution authorizing the borough clerk and the Spotswood Volunteer Fire Department to prepare and advertise a Request for Proposal (RFP) for ...

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Next step in building New Bridgewater Bridge

Michael Ferguson, Minister for Infrastructure and Transport The work to build the New Bridgewater Bridge is progressing, with the formal release of approved design requirements for the bridge today. This is a major project that will benefit Tasmanians for generations, and it is vital we get it right. The eight design requirements are broadly consistent with those determined through previous ...

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New NSW procurement guidelines now in effect for skills and diversity on major construction projects

New NSW Government procurement guidelines for skills, training and diversity in construction (published as PBD 2020-03), approved back in May this year, have come into effect. The guidelines apply to all new construction project procurements by a NSW Government agency commencing after 1 July 2020. Agencies should ensure that they implement these requirements in their tender documentation, while businesses should review ...

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‘Enduring legacy’: Ardern and Morrison’s last-ditch plea to FIFA

Australia and New Zealand will head into Friday morning’s vote on the hosting of the 2023 Women’s World Cup with no questions around support from their federal governments after the prime ministers reaffirmed their commitment to the tournament. Having already pledged a combined $110 million towards hosting the tournament, New Zealand Prime Minister Jacinda Ardern and Australian Prime Minister Scott ...

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Foreign investment rules ‘too secretive’

The federal government’s foreign investment review system imposes too many conditions on bids and is “unusually secretive”, potentially deterring offshore investors and reducing the incomes of Australians, the Productivity Commission has warned. Bidder application fees sometimes exceeding $100,000 to the Foreign Investment Review Board were akin to “taxes, not a fee for service” and should be cut in line with the cost ...

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Councillor proposes more weight on local content in awarding RFP contracts

Administration will report back to council on potential local content advantage Coun. Laura Cabott speaks during a council meeting in Whitehorse on Jan. 13. Cabott brought forward a motion on June 15 for applying a part of the city’s policy for awarding consulting contracts that allows council to put greater weight on local content. (Crystal Schick/Yukon News file) Whitehorse city ...

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WA eyes more COVID-19 restriction easing

Electronic sign outside Optus Stadium saying the AFL game was closed. – AAP Perth’s Optus Stadium could be allowed to hold more than advised by the national cabinet under the next phase of easing COVID-19 restrictions, given low infection rates in Western Australia. Prime Minister Scott Morrison announced on Friday stadiums seating up to 40,000 would be allowed to fill ...

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Eastern Health Issues Request for Proposals for 100 Parking Spaces Near Health Sciences

With the construction of a new parking garage for the Health Sciences Centre expected for the fall, Eastern Health is seeking external parking for its employees. The parking garage is going to be included in the construction of the new adult mental health and addictions facility. Eastern Health has put in a Request for Proposals for at least 100 parking ...

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Morrison government toughens foreign investment scrutiny to protect ‘national security’

The Morrison government will significantly strengthen its scrutiny of foreign investment to protect sensitive national security technology and information and further ring fence the nation’s critical infrastructure. It will insert a new “national security test” on bids, in a sweeping overhaul of the foreign investment regime. The action follows mounting public concern about Chinese investment, although the government – already ...

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Virgin Australia bidders narrowed down to two: Bain and Cyrus Capital Partners

Virgin Australia went into voluntary administration and now new bidders are circling. Virgin Australia has narrowed the shortlist of bidders for the troubled airline down to two: Boston-based private investment firm Bain Capital, and global investor Cyrus Capital Partners,which has links to British billionaire and Virgin founder Richard Branson. Virgin administrator Deloitte, led by Vaughan Strawbridge, has spent two days ...

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NAB axes Genworth from LMI offering

The big four bank has decided not to extend its LMI contract with Genworth in a bid to “simplify” its home lending business. In February, NAB submitted a request for proposal (RFP) to Genworth Mortgage Insurance Australia and QBE Insurance, which currently hold supply and service contracts with the bank for the provision of lender’s mortgage insurance (LMI). After reviewing ...

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Virgin Australia investment by the Queensland Government may not be the best use of taxpayer money

Close of business on Friday May 15 is the deadline for interested parties to lodge the first “non-binding indicative offers”. Rumours have been circulating for weeks about who could step in as the new owner of Australia’s second major airline. Ever since Virgin Australia went into administration on April 21, owing about $7 billion in debt, the speculated list of contenders ...

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Brookfield mulls teaming up with QIC for joint Virgin play

It’s indicative bid eve for scrambling Virgin Australia buyers. Queensland’s new treasurer Cameron Dick has confirmed the state government’s intention to make a play at Virgin.  AAP And amid the chaos of a fast-approaching deadline, there are some intriguing team-up discussions taking place. As first reported by Street Talk on Thursday, Canadian investor Brookfield and the state-owned Queensland Investment Corporation are mulling joining ...

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Australia sets new record for single govt bond issue

The Australian government has created a new record for a single bond issue less than a month after breaking its previous record, attracting record bids and selling a record A$19 billion of bonds. The Australian Office Of Financial Management issued $19 billion of 1 percent 21 December 2030 bonds after receiving record bids of over $53.5 billion. The bond was ...

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Coronavirus Government Global Briefing: May 14

Welcome to Coronavirus Government Global Briefing, Mandarin Premium’s morning update on everything in local and global government responses to the COVID-19 outbreak. When “red tape” actually is red tape During crises like COVID-19, it’s understandable to see bids to slash elements of bureaucracy that, one way or another, were designed for longer, calmer periods of deliberation; see, for example, any of the emergency powers ...

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Brookfield shapes up as union favourite in Virgin race

The influential Transport Workers Union says it will support the Virgin Australia bidder with a long-term investment profile and track record of supporting workers, placing Canada’s Brookfield Asset Management in the box seat for crucial union support. The Queensland government says its interest in buying a stake in Virgin is about ensuring Australia has a second full-service carrier. The TWU ...

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QUEENSLAND GOVERNMENT BIDS FOR VIRGIN

A Virgin Blue Boeing 737-700 departs from Brisbane in 2006. Speculation had raised the prospect that Virgin Australia could return to its roots. (Craig Murray) The Queensland government has announced it’s set to bid for Virgin Australia. Queensland’s new Treasurer Cameron Dick has already appointed an investment company and said the financial package could take the form of a “direct ...

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