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Australia’s financial industry should prepare for ‘more shock-prone future’, RBA warns

Australia’s financial industry needs to prepare for a “more shock-prone future” in the age of foreign interference and cyber attacks, a Reserve Bank official has warned. The new era of strategic uncertainty has serious implications for Australia, and the financial industry has to develop more crisis and contingency plans for extreme, but plausible, geopolitical scenarios,…

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NT government climate resilience plan prioritises acceleration of Beetaloo gas project

A new climate resilience plan released by the Northern Territory government has drawn fierce criticism from environment groups for prioritising the acceleration of gas extraction from the Beetaloo Basin. The plan, released on Monday, is set out in a three-page document, which says the Northern Territory government is focused on “working with the Australian government…

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