Information Corp considers affords for Foxtel
Jonathan Barrett
The Rupert Murdoch-backed media conglomerate Information Corp will think about affords for its pay tv platform Foxtel, which incorporates the Kayo and Binge streaming companies.
Chief government Robert Thomson stated in an organization earnings launch that potential consumers had emerged whereas Information Corp was reviewing its portfolio of belongings.
That overview has coincided just lately with third-party curiosity in a possible transaction involving the Foxtel Group, which has been positively reworked in recent times.
We’re evaluating choices for the enterprise with our advisers in gentle of that exterior curiosity.
The variety of paid subscribers has been growing for the Binge streaming service and sports-focussed Kayo, whereas viewers numbers have been falling for its Foxtel Now platform.
Information Corp owns a majority share of the Foxtel Group, alongside minority holder Telstra.
Key occasions
‘It’s a line however nothing greater than that’: Marles on Keating saying Australia is ‘51st US state’ underneath Aukus
Simply circling again to the deputy PM Richard Marles’ earlier interview on ABC Information Breakfast.
Marles was once more requested to reply to feedback that Paul Keating made on 7.30 final night time concerning the Aukus deal.
Requested particularly about Keating’s declare Australia is turning into the “51st state of the United States” underneath the deal, Marles responded:
It’s a line, but it surely’s nothing greater than that, and it’s not a good characterisation of what we’re doing.
Marles went on to say that none of Keating’s criticism was information “in the sense that [he] made his views known very clearly about this arrangement in March of last year”.
And to be honest, he’s been constant in his strategy ever since. In order that’s all we’ve seen final night time.
I don’t agree with it, however I completely acknowledge that as a former prime minister, as an awesome Labor prime minister, Paul Keating has a proper to precise his views within the public discourse, and that’s what he’s doing. You gained’t hear any criticism from me of him. That stated, clearly the views that he’s expressed I occur to disagree with.
Queensland firefighter cheered by station as she heads to Olympic semi-final
The Queensland Hearth Division has cheered on their firefighter Aly Bull, who will probably be competing within the Okay-2 500m Dash Kayak semi-finals tonight on the Olympics.
The division wrote on X:
Yeah the ladies, Olympic Finalists!! It has been a privilege to look at you and your workforce competing on the world stage as soon as once more and we all know how arduous you might have labored to get to your third Olympics.
Aly will probably be working it again within the Okay-2 500m Dash Kayak occasion tonight, tune in to the Semi Finals from 6.50pm! What an unimaginable achievement!
Most lecturers need to give up college earlier than retirement
Most public college lecturers don’t see a future within the occupation, AAP reviews, with seven in 10 revealing they don’t suppose they’ll keep within the job till retirement.
Mid-career professionals had been most definitely to be unsure about staying or planning to give up, in response to a survey of 8,000 public college lecturers, principals and different schooling help employees who’re members of the Australian Schooling Union.
Extreme workloads are the highest issues on educators’ minds, with lecturers working a mean of 12.4 hours of unpaid extra time every week.
Greater than 80% are sad about their wage, which the analysis paper highlighted doesn’t enhance over time like in different comparable professions. Many additionally famous a priority with scholar behaviour, together with violence.
AEU Victoria president Meredith Peace stated educators had been “bogged down” with admin.
With out vital and pressing motion to retain present employees, the trainer workforce scarcity disaster impacting Victorian public colleges will worsen.
They report not having the time for doing their key work, together with working immediately with college students, collaborating on instructing and studying, supporting colleagues and planning curriculum.
Andrew Messenger
Gold Coast tablet testing clinic detects poisonous reducing agent in cocaine
Queensland’s tablet testing clinics issued a public warning in the present day after detecting a banned reducing agent that causes most cancers in cocaine on the Gold Coast.
Phenacetin was an ingredient in Bex powders and Vicks till it was discovered to trigger kidney injury and most cancers. CheQpoint, which operates a drug testing clinic on the Gold Coast, stated it detected Phenacetin in two recently-tested samples.
Cameron Francis, CEO of the Loop Australia, stated it highlighted the significance of drug testing.
Our Gold Coast service has been open for simply over a month, and we’ve already detected this dangerous chemical. It’s necessary that individuals who use unregulated medicine get their medicine checked at our free, confidential service.
This comes as Queensland is ready to function a drug testing clinic throughout Schoolies for the primary time this yr:
Phenacetin was banned in prescription drugs in 1983 however continues to be typically used to chop cocaine. Customers usually tend to expertise quick adversarial results like an irregular heartbeat or chest ache and hallucinations whether it is used to dilute the drug. It’s additionally poisonous and may trigger shortness of breath, fatigue, and cyanosis (a bluish coloration of the pores and skin).
Jonathan Barrett
Information Corp offsets income fall in information enterprise
Information Corp has recorded a leap in full yr income, pushed by strong outcomes delivered by its business-focused Dow Jones unit, e book publishing arm and Australian actual property portal, which helped offset weak spot in its information division.
The Rupert Murdoch-backed conglomerate reported $US10.1bn ($15.3bn) in full yr income, up 2% from the prior yr. Its internet revenue additionally bounced again.
There have been combined outcomes among the many varied divisions of the US-listed firm, which owns mastheads within the US, UK and Australia, together with e book publishers, subscription tv and actual property promoting belongings.
Earnings from its information media division plunged 23% over the yr, which was weighed down by weaker revenues generated in its Australian enterprise, the place circulation and subscription earnings fell.
The buying and selling interval, marked by excessive inflation, has confirmed troublesome for publishers world wide, on account of subdued demand from advertisers and subscribers.
Information Corp has just lately minimize jobs in Australia, the place it publishes information titles together with The Australian, Day by day Telegraph and Herald Solar.
Marles says Australia not making further commitments underneath new Aukus deal
Making the rounds this morning, deputy PM Richard Marles additionally spoke with ABC Information Breakfast concerning the new Aukus settlement.
He was requested about feedback from US president Joe Biden, who referred to further political commitments from Australia – what are these commitments?
Marles stated the settlement “provide[s] the underpinning of what we’ve already agreed” – and advised there have been no additional commitments.
The substance of this settlement has been public for greater than a yr, however this can be a important step on this journey, as a result of that is the authorized [and] foundational underpinning at a treaty stage of what we agreed final yr.
Marles reiterated his earlier feedback that there was “no chance” Australia would take overseas nuclear waste underneath Aukus.
We’re chargeable for our nuclear waste. We made that clear in March of final yr and there’s a course of underneath manner with that. The primary second that we have to eliminate our personal nuclear reactors will probably be within the 2050s, so now we have time to get that proper. However that’s the one nuclear waste that we are going to be disposing of.
Information Corp considers affords for Foxtel
Jonathan Barrett
The Rupert Murdoch-backed media conglomerate Information Corp will think about affords for its pay tv platform Foxtel, which incorporates the Kayo and Binge streaming companies.
Chief government Robert Thomson stated in an organization earnings launch that potential consumers had emerged whereas Information Corp was reviewing its portfolio of belongings.
That overview has coincided just lately with third-party curiosity in a possible transaction involving the Foxtel Group, which has been positively reworked in recent times.
We’re evaluating choices for the enterprise with our advisers in gentle of that exterior curiosity.
The variety of paid subscribers has been growing for the Binge streaming service and sports-focussed Kayo, whereas viewers numbers have been falling for its Foxtel Now platform.
Information Corp owns a majority share of the Foxtel Group, alongside minority holder Telstra.
Fog on Adelaide roads prompts driving climate alert
A street climate alert has been issued for Adelaide amid foggy circumstances.
The Bureau of Meteorology says lowered visibility in fog would make street circumstances harmful this morning within the Adelaide space, advising motorists to:
Insurance coverage costs blowing away cyclone-prone communities
Insurers aren’t doing sufficient to help cyclone-stricken areas of north Queensland as local weather change intensifies the influence of pure disasters, a Senate inquiry will hear in the present day.
As AAP reviews, property homeowners in Queensland’s cyclone area are paying as much as 12 instances extra on insurance coverage premiums than these close to the southern border, in response to a submission by the North Queensland Strata Motion Group.
The Senate inquiry will meet for a second day in Brisbane to listen to proof from Strata Motion and Suncorp, in addition to native governments and local weather advocacy organisations.
Insurance coverage costs have greater than tripled since 2022 and, because the cost-of-living disaster will get worse, residents are struggling to maintain up.
The federal authorities has made main investments into catastrophe mitigation within the area however residents are nonetheless being denied protection based mostly on danger, the Queensland Native Authorities Affiliation stated in its submission.
The costs are set for your entire area, which suggests residents are paying extra for dangers which may not even have an effect on their group.
The committee is because of report back to the Senate on 19 November.
Marles on Solomon Islands request to fund 1000’s of police
Wrapping up the interview, Richard Marles was requested a few request from the Solomon Islands prime minister, Jeremiah Manele, for Australia to fund the salaries of greater than 3,000 police over the subsequent decade.
Marles stated he wouldn’t go into the specifics, however “doing more cooperation on policing is certainly something that we are interested in doing”.
We’re methods wherein we will contribute extra to Solomon Islands nationwide safety, and that very a lot contains its policing actions.
It’s undoubtedly a key problem that Solomon Islands faces, and one of many key asks that they’ve had in a dialogue that we’ve had with them…
I believe that Australians completely perceive that we have to be putting a deal with the Pacific, and higher engagement with the Pacific is, actually, essentially the most cost-effective factor we will do by way of the promotion of our personal nationwide safety.
Marles says Paul Keating entitled to his views and defends Australia’s position in Aukus
Richard Marles was requested about feedback final night time from former PM Paul Keating, who stated Aukus risked handing army management of the nation to Washington and Australia risked turning into the “51st state of the United States”.
Marles stated Keating was entitled to his views however that Australia was going through “the most complex strategic circumstances that we’ve had to deal with since the end of the second world war”.
In assessing that, what is obvious to us is that our strategic goal lies within the upkeep of that guidelines based mostly order, provided that freedom of navigation on the excessive seas – for instance – is totally basic to Australia’s nationwide prosperity and nationwide safety, once we see a a lot higher proportion of our nationwide earnings derived from commerce … What we’re doing is searching for to guard that.
What we’re doing is searching for to make our contribution to the collective safety of the area wherein we reside, and that’s the Indo-Pacific, and what that requires is a capability for us to interact in a lot higher safety. And that’s the reason we’re pursuing the potential of a long-range succesful submarine. That’s why we’re pursuing the capabilities of longer vary strike missiles, why we’re having a way more cell military.
Marles says no likelihood Australia would take overseas nuclear waste underneath Aukus
The deputy prime minister, Richard Marles, is on ABC RN this morning to debate the brand new Aukus settlement signed with the US and UK.
Daniel Hurst had all the small print on this earlier within the weblog, right here, in case you missed it.
Marles labelled the settlement a “foundational document”, offering the “legal underpinning of what we agreed with the US and the UK under the banner of Aukus in March of last year.”
Requested whether or not there may be any legislative assurance that nuclear waste gained’t find yourself in Australia, Marles responded:
Nuclear waste gained’t find yourself in Australia, aside from the waste that’s generated by Australia … So be fully clear, there’s no circumstance wherein we might be taking waste from some other nation…
We’re not going to be able of needing to eliminate any of these reactors till the early 2050s. What this settlement does, although, is present for the authorized underpinning of what we agreed in March of final yr, and we are going to see a nuclear reactor embedded within the Virginia-class submarines that we procure.
We will probably be seeing new co-reactors coming from Rolls-Royce, which can kind a part of the submarines that we construct in Australia. So as to truly allow that, it requires a treaty and treaty-level settlement between our international locations, and that’s what we’ve now signed.