10AM ZEDLINES
[Image Credit: Pixabay]
Clive Palmer vs Liquidators
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.
Qld government starts conversation on Indigenous treaty
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 miner expecting to ramp up production
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.
Anorexia has genetic links, world first research finding shows
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.
New pollution busting policy
The International Maritime Organisation will enforce a new emissions standard designed to curb pollution produced by the world’s ships.
From January 1, 2020, shipping vessels using fuel with a sulfur content higher than 0.5% will be banned, compared to the levels 3.5% at present.
More than 170 countries, including the US, have signed to the fuel change.
Global debt binge begins anew
The world’s debt rose by 3 trillion in the first quarter of 2019 due to an almost unprecedented borrowing binge that brought total global debt to $246.5 trillion.
According to a study released today from the Institute of International Finance high levels of debt put countries in vulnerable positions in the event of a down urn and could endanger the world’s economic recovery.
The IIF’s data revealed that lower global interest rates and increased government spending are fueling the trend.
9AM ZEDLINES
[Image Source: Jono Searle/AAP/The Brisbane Times]
Veteran commercial fishers fear the worst for industry
A quota based fishing management system proposed for the Sunshine Coast region’s popular species has industry veterans fearing for their futures.
Third generation fisherman Kevin Cannon told the Sunshine Coast Daily the proposed system would ‘devalue his license by up to 60 per cent’.
Agricultural Industry Development and Fisheries Minister Mark Furner said the quota based management system is necessary in building a sustainable legacy.
LNP vote to change Queensland abortion laws
Members of the Queensland LNP have overwhelmingly voted for a motion aiming to alter the legalisation of abortion at their state conference in Brisbane on the weekend.
The LNP plan to reduce the amount of time available to access an abortion to 20 weeks of pregnancy if they win the 2020 election.
A motion to once again criminalise abortion was also voted upon with support from party members.