South Australia’s Tour Down Under cycling competition will be cut short due to today’s predicted record high temperatures.

The mercury is set to hit 41 degrees in the city and the mid 40s in some regional areas.

The public fun ride has also been completely cancelled as organisers say the health and wellbeing of all riders is their main concern.

The ‘Clean Energy Investment in Australia’ report has shown Australia’s renewable energy investment jumped by 150 per cent last year, with Australia now seventh on the world leaderboard.

Climate Council CEO Amanda McKenzie said it was no surprise that Australia is among the world leaders when it comes to the rollout of clean energy, with states and territory government’s leading the charge.

Concerns have been raised about the southbound Irukandji jellyfish as rising global temperatures push the species further south than ever before.

James Cook University Toxicology Professor Jamie Seymor said there is little doubt of the likelihood that the Irukandji will move further south towards the Gold Coast and Sunshine Coast.

Concerns were raised after an Irukandji jellyfish was caught on the western side of Fraser Island on Sunday, prompting warnings for swimmers to stay out of the water.

There have been calls for the safety procedures and safeguards around the South Bank boardwalk to be reviewed after pedestrians had to dodge an intoxicated driver late Tuesday afternoon.

Security Expert, Neil Fergus said the boardwalk is key to major events in Brisbane, and a safety review should be seriously considered in light of the recent events.

A Brisbane City Council spokesperson was unable to comment on whether or not a safety review will be undertaken at the Southbank precinct.

Russian human rights group Memorial has fallen victim to an arson attack in the country’s south overnight.  

CCTV of the incident shows two masked men climbing into the group’s building in the early hours of the morning, and then sparks flying from the windows shortly after.

Memorial says its part of an attempt to drive them out of the area, as they have angered Chechyna authorities over their reporting of disappearances, torture, and punitive house burnings.

Investors have rushed to sell off their Cryptocurrencies amid fears of a major regulatory crackdown in South Korea.

The price of Bitcoin fell by more than 20 percent to $US11000 after the South Korean Finance Minister announced that a ban on trading Cryptocurrencies such as Bitcoin, Ethereum, and Ripple was a definite possibility.

The price of Bitcoin peaked in December at $US20000 and has suffered a series of sell-offs and losses since.

The Victorian government will be the next state to follow South Australia’s lead in implementing a tax on punter losses.

Since South Australia implemented a 15 per cent tax last year all states have agreed to the idea, but there is a push for the Victorian tax to be lower given the amount of money corporate bookmakers already pay to Racing Victoria.

However, others are concerned a lower tax could make the state a prime target for gambling advertisement.

The Lockyer Valley Regional Council have voted to postpone any decision to suspend activity at the Laidley Racehorse Saleyards despite animal welfare concerns.

The RSPCA and Biosecurity Queensland have launched an investigation into the saleyards after receiving multiple reports animals were left without water or shade during the sales held on December 30.

The council said it is looking at all possible options, including suspension, but will hold off any decision until they speak with management tomorrow.

Queensland Rail has remained tight-lipped about what they will do if their new 18 train fleet is completely pulled off the tracks should the Australian Human Rights Commission deny their application for a discrimination act exemption.

Whilst multiple issues to do with the fleet have already been fixed since mid-2016, wheelchair access to the toilets is yet to be rectified, despite 5 of these new models already being on the tracks.