According to the latest Deloitte Access Economics report, Queensland’s economy is in the middle of a slump which has been exacerbated by recent natural disasters. 

The state government has already announced $1.3 billion of economic damages caused by the summer of draughts and floods, however the Deloitte report estimates the figure is closer to $6 billion.

On Sunday the Queensland government outlined the first round of projects funded through its $38 million Queensland Disaster Resilience Fund.

Australia’s health system depends on the federal government’s approach to private health insurance after findings in a recent according to a Grattan Institute report.

An “unhappy mix” of partially public and partially privatised healthcare in Australia has led to a system “riddled with inconsistencies and perverse incentives” according to a report released on Tuesday.

Data showed all age groups over 65 were increasing their insurance while the remaining Australians were reducing their coverage.

Australia’s defence department contracted the company Lock N Climb, a US firm blacklisted for corruption and bribery, providing them with tens of thousands of dollars of work.
 

The four Democratic congresswomen attacked by US President Donald Trump in ‘racist’ tweets have collectively retaliated in a press conference, vowing they will ‘not be silenced’ and accusing the President of promoting a ‘white nationalist agenda’.

It comes after President Trump defended the tweets, saying he was not concerned if people thought they were racist and accusing the politicians of hating America.

Jeanswest, Cotton On and Target are investigating their cotton suppliers in the wake of forced Labor reports of Uighur people in China.

The program ‘4 corners’ released an investigation detailing instances of detained Uighurs being funnelled from so-called re-education camps to involuntary labour in factories.

It was reported earlier in the year that China’s ‘Belt and Road Initiative’ may be a cause of the escalating oppression and declining standards.

Government appointed liquidators of Queensland Nickel brought Clive Palmer to Brisbane Supreme Court yesterday in a bid to take back $200 million owed over Q-N’s collapse in 2016.

The trial was immediately delayed, with Mr Palmer today pleading for further postpones it because expert defence witness, Peter Dinoris, is unavailable to testify. 

Queensland Treasurer and Minister for Aboriginal and Torres Strait Islander partnerships, Jackie Trad, has outlined plans to establish a treaty with Indigenous tribes of Queensland.

She released the government's plan, ‘Tracks to Treaty’ on the weekend which aims to create a more constructive relationship between Indigenous peoples and the government.

Ms Trad admitted that it may take years to develop an appropriate treaty and there also may be more than one developed. 

Gold Road Resources has recently poured the first bars of gold from its Gruyere mine, and expects to be commercial within four months.

Australia’s newest billion-dollar company has more than two million tonnes of ore ready to be processed to extract gold.

The company is on track to joining the ASX200 and is likely to trigger a series of index funds to buy stock and increase stocks even higher.

In a world first international study, Australian researchers have discovered genetic links to the eating disorder, anorexia.

Researchers from QIMR Berghofer medical research institute analysed the DNA of nearly 17,000 people suffering with anorexia, including nearly 3000 from Australia and New Zealand and found eight genes with direct links to the disorder.