“The commission remains conscious of its obligation to furnish the report as soon as possible after it has concluded its involvement in the matter, and continues to anticipate the report will be ready to be furnished during this quarter,” a spokeswoman said at the time. The commission revealed in January that the report would not be released before the March election as it concerned complex matters of law and thousands of pages of exhibits, transcripts and submissions. The Operation Keppel report will be delivered to the NSW parliament’s presiding officers at 9am and it will be available for public viewing if the officers make it public. The watchdog investigated whether Maguire used his role as an MP to gain a financial benefit and whether Berejiklian breached the public trust during their five-year secret personal relationship. The probe into Berejiklian’s dealings began after the Independent Commission Against Corruption launched inquiries into the disgraced former Liberal MP for Wagga Wagga, Daryl Maguire.Ī waiting game: former premier Gladys Berejiklian outside the ICAC in November 2021. “We’re going to see a significant part of the Australian economy come under threat,” he said. Henry also said BHP’s $9.6 billion buyout of copper miner OZ Minerals was strategically thought out to take advantage of one of the big megatrends – demand for copper – as the world decarbonised.Īustralia’s traditional reliance on coal, LNG, oil and iron ore exports would be tested over the next 20 to 30 years. Short-term subsidies were not the answer, and having the right policy settings across the economy over a long period was better for economic growth. “I think that’s a losing proposition,” Henry told a business lunch in Adelaide. The best thing the federal government could do, he said, was to ensure broad policy settings across the board were as attractive as possible, and not try to replicate the US measures. Mike Henry says Australia should not try to match the green subsidies offered by President Joe Biden in his $540 billion Inflation Reduction Act. The NSW corruption watchdog’s delayed report into the conduct of Gladys Berejiklian will be handed down next Thursday, more than a year and a half after the former premier resigned while waiting for the findings. The Senate has passed a Greens amendment to a government taxation bill that will require the Future Fund to publicly report every six months on details of its investments including where funds are invested and how much.īerejiklian report to be handed down next week: Victorian MPs will receive a 3.5 per cent pay rise from July 1, which will boost backbench MPs’ pay to almost $200,000 and Victorian Premier Daniel Andrews’ pay to more than $481,000.įuture Fund will have to disclose investment details: NSW’s Port of Newcastle and the Port of Melbourne have again been targeted by climate protesters, just hours after a teenager scaled a coal loader and glued herself to a railing.ĭaniel Andrews still the best-paid state leader: Protesters again target major coal ports in NSW, Vic: Greens say stand-off is driving progress on rent reform: Greens leader Adam Bandt has doubled down on withholding support from Labor’s $10 billion housing fund, pointing to rent caps being considered at a state level. Banging sounds heard during Titan submersible search:Ī Canadian search aircraft detected “banging” in 30-minute intervals coming from the area the divers disappeared.Here are some of today’s biggest developments: Thanks for reading Need to Know this Wednesday, June 21.
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