Commonwealth Bank of Australia CEO apologies for financial planning scandal


Thursday, July 3, 2014

Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm.

Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ permission, resulting in hundreds of millions of dollars lost. The Senate enquiry called for a Royal Commission into the bank, and the Australian Securities and Investments Commission (ASIC).

Mr Narev stated the bank’s performance in providing financial advice was “unacceptable”, and the bank was launching a scheme to compensate clients who lost money due to the planners’ actions.

In a statement Mr Narev said, “Poor advice provided by some of our advisers between 2003 and 2012 caused financial loss and distress and I am truly sorry for that. […] There have been changes in management, structure and culture. We have also invested in new systems, implemented new processes, enhanced adviser supervision and improved training.”

An investigation by Fairfax Media instigated the Senate inquiry into the Commonwealth Bank’s financial planning division and ASIC.

Whistleblower Jeff Morris, who reported the misconduct of the bank to ASIC six years ago, said in an article for The Sydney Morning Herald that neither the bank nor ASIC should be in control of the compensation program.

Retrieved from “https://en.wikinews.org/w/index.php?title=Commonwealth_Bank_of_Australia_CEO_apologies_for_financial_planning_scandal&oldid=3869292”

Writs issued for 2012 Queensland election


Wednesday, February 22, 2012

Queensland voters will go to the polls on March 24.

The 2012 Queensland election has been officially set as Premier Anna Bligh advised Governor Penelope Wensley to issue the writs — the formal announcement of the election.

“Absolutely looking forward to it, the 24th of March,” Ms Bligh told reporters, referring to the date of the election.

To lose the ability to govern in its own right, the currently governing Australian Labor Party (ALP) would need to lose sevens seats in Queensland’s unicameral legislature.

Australian Labor Party — 51Liberal National Party — 31Independents — 5Katter’s Australian Party — 2

Total seats — 89

The ALP, of which Ms Bligh is leader, holds 51 seats.The opposition Liberal National Party (LNP), being lead in this campaign by the yet-to-be-elected Cambell Newman, currently holds 31 seats. Two seats are now held by the Katter’s Australian Party (KAP).Five independents make up the 89 Members of Parliament.

The KAP does not plan to direct preference to the major parties, but to consider for individual seats amongst independents and minor parties. “We will look at the merits or otherwise of their policy positions and what they believe in,” said Aidan McLindon.

While the Greens haven’t announced any preference directions, they point out that it is up to the voter how to direct preferences. “If I’m unsuccessful [in being elected in Mt Coot-tha], their vote flows at full value to their second preference,” Greens candidate Adam Stone said. 

The selection of March 24th as the election date drew criticism because it ultimately forced the rescheduling of local government elections — originally scheduled for March 31.

“Why are 73 local government elections around Queensland being pushed back? That adds more months of uncertainty when she has had a year to separate out the two elections,” said Leader of the Liberal National Party, Campbell Newman. Newman will have to win the seat of Ashgrove if he is to become premier.

Local government elections are now scheduled for late April.

Retrieved from “https://en.wikinews.org/w/index.php?title=Writs_issued_for_2012_Queensland_election&oldid=4602281”

Saturn moon Enceladus may have salty ocean


Thursday, June 23, 2011

This mosaic was created from two high-resolution images that were captured by the narrow-angle camera when NASA’s Cassini spacecraft flew past Enceladus and through the jets on Nov. 21, 2009. Image: NASA/JPL/SSI.

NASA’s Cassini–Huygens spacecraft has discovered evidence for a large-scale saltwater reservoir beneath the icy crust of Saturn’s moon Enceladus. The data came from the spacecraft’s direct analysis of salt-rich ice grains close to the jets ejected from the moon. The study has been published in this week’s edition of the journal Nature.

Data from Cassini’s cosmic dust analyzer show the grains expelled from fissures, known as tiger stripes, are relatively small and usually low in salt far away from the moon. Closer to the moon’s surface, Cassini found that relatively large grains rich with sodium and potassium dominate the plumes. The salt-rich particles have an “ocean-like” composition and indicate that most, if not all, of the expelled ice and water vapor comes from the evaporation of liquid salt-water. When water freezes, the salt is squeezed out, leaving pure water ice behind.

Cassini’s ultraviolet imaging spectrograph also recently obtained complementary results that support the presence of a subsurface ocean. A team of Cassini researchers led by Candice Hansen of the Planetary Science Institute in Tucson, Arizona, measured gas shooting out of distinct jets originating in the moon’s south polar region at five to eight times the speed of sound, several times faster than previously measured. These observations of distinct jets, from a 2010 flyby, are consistent with results showing a difference in composition of ice grains close to the moon’s surface and those that made it out to the E ring, the outermost ring that gets its material primarily from Enceladean jets. If the plumes emanated from ice, they should have very little salt in them.

“There currently is no plausible way to produce a steady outflow of salt-rich grains from solid ice across all the tiger stripes other than salt water under Enceladus’s icy surface,” said Frank Postberg, a Cassini team scientist at the University of Heidelberg in Germany.

The data suggests a layer of water between the moon’s rocky core and its icy mantle, possibly as deep as about 50 miles (80 kilometers) beneath the surface. As this water washes against the rocks, it dissolves salt compounds and rises through fractures in the overlying ice to form reserves nearer the surface. If the outermost layer cracks open, the decrease in pressure from these reserves to space causes a plume to shoot out. Roughly 400 pounds (200 kilograms) of water vapor is lost every second in the plumes, with smaller amounts being lost as ice grains. The team calculates the water reserves must have large evaporating surfaces, or they would freeze easily and stop the plumes.

“We imagine that between the ice and the ice core there is an ocean of depth and this is somehow connected to the surface reservoir,” added Postberg.

The Cassini mission discovered Enceladus’ water-vapor and ice jets in 2005. In 2009, scientists working with the cosmic dust analyzer examined some sodium salts found in ice grains of Saturn’s E ring but the link to subsurface salt water was not definitive. The new paper analyzes three Enceladus flybys in 2008 and 2009 with the same instrument, focusing on the composition of freshly ejected plume grains. In 2008, Cassini discovered a high “density of volatile gases, water vapor, carbon dioxide and carbon monoxide, as well as organic materials, some 20 times denser than expected” in geysers erupting from the moon. The icy particles hit the detector target at speeds between 15,000 and 39,000 MPH (23,000 and 63,000 KPH), vaporizing instantly. Electrical fields inside the cosmic dust analyzer separated the various constituents of the impact cloud.

“Enceladus has got warmth, water and organic chemicals, some of the essential building blocks needed for life,” said Dennis Matson in 2008, Cassini project scientist at NASA’s Jet Propulsion Laboratory in Pasadena, California.

“This finding is a crucial new piece of evidence showing that environmental conditions favorable to the emergence of life can be sustained on icy bodies orbiting gas giant planets,” said Nicolas Altobelli, the European Space Agency’s project scientist for Cassini.

“If there is water in such an unexpected place, it leaves possibility for the rest of the universe,” said Postberg.

Retrieved from “https://en.wikinews.org/w/index.php?title=Saturn_moon_Enceladus_may_have_salty_ocean&oldid=4453704”

South Australia enters week-long lockdown to contain COVID-19 Delta variant spread


Friday, July 23, 2021

Modbury Hospital, where the first case in South Australia’s COVID-19 cluster presented.Image: User:AussieHero.

With five active cases of the Delta variant of COVID-19, South Australia begun a one-week lockdown on Monday. Announcing the lockdown, state Premier Steven Marshall declared “we have no alternative but to impose some fairly heavy and immediate restrictions”.

The first case out of South Australia’s active cases was presented to Modbury Hospital on Sunday night, having returned from Argentina earlier this month. The fifth, which Premier Marshall noted as “far more worrying”, visited The Greek on Halifax restaurant at the same time as someone who was later confirmed to be carrying the virus. Chief Public Health Officer for the state Nicola Spurrier said “if anyone has been at The Greek on Halifax they need to get into quarantine and get tested”.

In accordance with new regulations, there are only five reasons for South Australians to leave home: essential work, shopping for essential goods such as food, exercise, but only with people from the same household and within 2.5 kilometers (2 mi) of home, medical reasons (which includes testing and vaccination against the coronavirus, but excludes elective and cosmetic surgery), and caregiving.

Schools have closed for all but children of essential workers, with online learning having begun on Thursday. Face masks are also be mandated for those who leave home. ABC News reported that “support for businesses is expected to be announced…”, with all non-essential retail required to close under the new regulations.

Retrieved from “https://en.wikinews.org/w/index.php?title=South_Australia_enters_week-long_lockdown_to_contain_COVID-19_Delta_variant_spread&oldid=4632339”

Category:Food


This is the category for food.

Refresh this list to see the latest articles.

  • 14 April 2017: Google blocks home device from responding to Burger King commercial
  • 1 January 2017: William Salice, creator of Kinder Surprise eggs, dies at 83
  • 3 December 2016: Chinese chef Peng Chang-kuei’s death announced
  • 5 October 2016: World Wildlife Fund: 75% of seafood species consumed in Singapore not caught sustainably
  • 14 September 2016: Scientists claim decrease in hotness of Bhut Jolokia
  • 17 October 2015: Police shut down Edmonton pizza restaurant for illegally delivering alcohol
  • 16 September 2015: Subway sandwich empire co-founder Fred DeLuca dies
  • 30 August 2013: UK beer, soft drinks delivery drivers vote to strike
  • 7 August 2013: Russian government homosexuality position leads to NYC Russian vodka boycott
  • 12 May 2013: Fifth Expo Gastronomía finishes in Caracas
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Author Amy Scobee recounts abuse as Scientology executive


Monday, October 11, 2010

Wikinews interviewed author Amy Scobee about her book Scientology – Abuse at the Top, and asked her about her experiences working as an executive within the organization. Scobee joined the organization at age 14, and worked at Scientology’s international management headquarters for several years before leaving in 2005. She served as a Scientology executive in multiple high-ranking positions, working out of the international headquarters of Scientology known as “Gold Base”, located in Gilman Hot Springs near Hemet, California.

Retrieved from “https://en.wikinews.org/w/index.php?title=Author_Amy_Scobee_recounts_abuse_as_Scientology_executive&oldid=4579695”

Syrian minister rejects proposed U.N. resolution


Sunday, August 6, 2006

Syria has rejected a proposed United Nations resolution, backed by both the United States and France, for a cease fire in the 2006 Israel-Lebanon conflict.

Syria’s foreign minister has said that the resolution is a “a recipe for the continuation of the war,” and “adopted Israel’s point of view only.”

Syria has also warned that their armed forces are under orders to respond immediately if Israel attacks. Syria’s foreign minister said that “If Israel attacks Syria by any means, on the ground, by air, our leadership ordered the armed forces to reply immediately,” and that “Syria is ready for the possibility of a regional war if the Israeli aggression continues.”

Retrieved from “https://en.wikinews.org/w/index.php?title=Syrian_minister_rejects_proposed_U.N._resolution&oldid=566443”

Building collapse in Barbados traps family


Sunday, August 26, 2007Miami Dade Fire Rescue, Urban Search and Rescue Florida Task Force 1 Members were on the scene since last night. Search dogs worked the scene all night.

According to current reports, sometime early this morning, an apartment building in Brittons Hill, Barbados fell into a cave below.

Five family members are known to be trapped in the collapse, although reports have not be made as to whether these are the only individuals involved. Rescue workers, as well as several prominent politicians are currently on the scene; two cranes have been deployed to remove debris. Evacuation has occurred, with an extension of this area being discussed.

Miami Dade Police arrived on the scene late Sunday night and are now in a joint effort with the Barbados Defence Force, Barbados Fire Service and Royal Barbados Police Force to rescue possible survivors. Prime Minister Owen Arthur also stated that surveys are currently being conducted to determine the stability of the surrounding area, and only after these reports have been compiled will residents know whether they will be able to return to their homes.

A cadaver dog was sent into the cavern and has identified two areas where there are possible dead bodies. Sadly it is no longer a rescue mission but recovery one.

Retrieved from “https://en.wikinews.org/w/index.php?title=Building_collapse_in_Barbados_traps_family&oldid=482410”

Rep. Barbara Lee calls for U.S. Congress probe into Iraq War planning


Friday, July 22, 2005

Congresswoman Barbara Lee (D-Calif.), co-chairwoman of the Out of Iraq Caucus and a member of the International Affairs Committee, along with 26 co-sponsors, proposed yesterday a Resolution of Inquiry in the House of Representatives which, if passed, will require the White House and the State Department to“transmit all information relating to communication with officials of the United Kingdom between January 1, 2002, and October 16, 2002, relating to the policy of the United States with respect to Iraq.” The resolution, was submitted in the House of Representatives and referred to the U.S. House Committee on International Relations.

The resolution comes in response to questions that have been raised about the handling of pre-war intelligence by the Bush administration, and the planning and execution of the Iraq war. “We would like to see a member of Congress look into whether or not the president committed impeachable offenses,” said John Bonifaz, a constitutional lawyer. “We’ve been having that discussion with a number of offices.”

Rep. John Conyers (D-Mich.), U.S. House Committee on the Judiciary Minority leader, recently met with John Bonifaz and representatives. But Conyers is reluctant to take such a bold step just yet. “My inclination at this time is not to do something like that,” Conyers said, although he noted that he wanted to press for an investigation in other ways, including sending committee investigators to London.

Earlier this month, Rep. Zoe Lofgren (D-Calif.) said at a forum held by Conyers “If you read the record of the writing of the Constitution, ‘high crimes and misdemeanors’ had a very particular meaning at the time of the drafting of the Constitution. It certainly didn’t mean lying about sex, but it might well mean lying to the Congress about a large public purpose such as Iraq.”, referring to Republican’s filing of such a resolution in 1998 in an effort to remove Bill Clinton from office.

Rep. Barbara Lee’s resolution of inquiry is a less-drastic parliamentary maneuver that would ask the administration to provide more information related to the claims in classified British memos that suggest that pre-war intelligence in Iraq was “fixed” in order to justify the invasion. The Resolution of Inquiry is a privileged resolution, which means that if it is not acted on in 14 legislative days after it is introduced, the member of Congress who introduced it is entitled to request that it be brought to the House floor for a vote. The committee may take the matter up right away, and could vote it down before the August recess. If they do not, they will be required to take it up by September 16th.

RESOLUTION

Requesting the President and directing the Secretary of State to transmit to the House of Representatives not later than 14 days after the date of the adoption of this resolution all information in the possession of the President and the Secretary of State relating to communication with officials of the United Kingdom between January 1, 2002, and October 16, 2002, relating to thepolicy of the United States with respect to Iraq.

Resolved, That not later than 14 days after the date of the adoption of this resolution—

(1) the President is requested to transmit to the House of Representatives all documents, including telephone and electronic mail records, logs, calendars, minutes, and memos, in the possession of the President relating to communications with officials of the United Kingdom from January 1, 2002, to October 16, 2002, relating to the policy of the United States with respect to Iraq, including any discussions or communications between the President or other Administration officials and officials of the United Kingdom that occurred before the meeting on July 23, 2002, at 10 Downing Street in London, England, between Prime Minister Tony Blair of the United Kingdom, United Kingdom intelligence officer Richard Dearlove, and other national security officials of the Blair Administration; and

(2) the Secretary of State is directed to transmit to the House of Representatives all documents, including telephone and electronic mail records, logs, calendars, minutes, memos, and records of internal discussions, in the possession of the Secretary relating to communications with officials of the United Kingdom from January 1, 2002, to October 16, 2002, relating to the policy of the United States with respect to Iraq, including any discussions or communications between the Secretary of State or other officials of the Department of State and officials of the United Kingdom that occurred before the meeting on July 23, 2002, at 10 Downing Street in London, England, between Prime Minister Tony Blair of the United Kingdom, United Kingdom intelligence officer Richard Dearlove, and other national security officials of the Blair Administration.

  • Rep. John Conyers
  • Rep. Tammy Baldwin
  • Rep. William Lacy Clay
  • Rep. Danny Davis
  • Rep. William Delahunt
  • Rep. Lane Evans
  • Rep. Sam Farr
  • Rep. Raúl M. Grijalva
  • Rep. Luis Gutierrez
  • Rep. Maurice D. Hinchey
  • Rep. Sheila Jackson Lee
  • Rep. Dennis Kucinich
  • Rep. Carolyn C. Kilpatrick
  • Rep. Jim McDermott
  • Rep. Jim Oberstar
  • Rep. Major R. Owens
  • Rep. Frank Pallone Jr.
  • Rep. Don Payne
  • Rep. Charles Rangel
  • Rep. Jan Schakowsky
  • Rep. José E. Serrano
  • Rep. Pete Stark
  • Rep. Bennie Thompson
  • Rep. Diane Watson
  • Rep. Robert Wexler
  • Rep. Lynn Woolsey
Retrieved from “https://en.wikinews.org/w/index.php?title=Rep._Barbara_Lee_calls_for_U.S._Congress_probe_into_Iraq_War_planning&oldid=4536867”

Getting even with the law: Wikinews interviews New York City’s ‘Jimmy Justice’


Tuesday, April 22, 2008

“What bothers me is watching an officer write someone a summons and then commit the exact same violation with their official vehicle.

A civilian known as ‘Jimmy Justice’ who resides in New York City (NYC), New York, the largest city in the United States, has been videotaping NYC police officers and city workers, breaking the law while on the job.

Since 2007, he claims to have caught “hundreds of officers and other city employees violating the law,” and says he has them all on camera. He has posted his best confrontations with them to the video sharing website YouTube. As a result, Justice states that he has been asked to do a United States television show and Wikinews got an exclusive interview with him. For protection, Justice wished not to be called by his real name in fear of police retaliation.

Last year, Justice videotaped a police officer parking in front of a fire hydrant, but has only recently gained attention on social networking news sites such as Digg and reddit.com. So Wikinews contacted Mr. Justice, known as JimmyJustice4753 on YouTube, for an exclusive interview to find out what caused him to get revenge on the law.

On June 30, 2007, Justice caught officer E. Anderson of the NYPD, traffic division, parking directly in front of a fire hydrant while she went inside a restaurant to take a 15 minute lunch break.

“Do you think there is something wrong with parking a vehicle, blocking a fire hydrant,?” says Justice while following Anderson to her car after her meal.

“Mrs. Anderson I’m talking to you,” says Justice as Anderson ignores him. “You parked your vehicle blocking a fire hydrant. You are not allowed to do that. Somebody else would get a ticket for that. Why are you allowed to do it? You should be ashamed of yourself Mrs. Anderson.”

By this time, the incident has gained the interest of people nearby the scene and passing it. One unidentified woman, who claims to be a retired NYC police officer decides to intervene stating that people “are not supposed to film any police, [or] anybody employed with the police department because of the terrorism.” A short time later the woman walked off camera.

Since 2007 Justice says he has caught “hundreds of law enforcement officers and city officials” on “over 30 hours of video” violating laws from illegal U-turns in business districts to blocking bus stops and fire hydrants. Justice has only uploaded the “most colorful ones to YouTube” and recently, on April 8, 2008, Justice videotaped a NYPD tow truck officer blocking a hydrant while he also ate lunch inside a restaurant. According to NYC law, it is illegal for any vehicle to park within 15 feet of a fire hydrant and to park in front of a bus stop. It is also illegal for any person to make a U-turn in a business district. Fines for these violations can cost a driver up to US$115.00 for each violation occurred.

When Wikinews asked Justice why he decided to start filming the violations made by officials he answered, “what bothers me is watching an officer write someone a summons and then commit the exact same violation with their official vehicle. I started making these videos to remind the officers (and complacent civilians) that City employees have to abide by the same laws that they are paid to enforce. I plan on doing this and inspiring others to do this as well as a means of leveling the playing field against discourteous officers.”

“In NYC, the traffic cops are notorious for their draconian indiscretion in handing out summonses to civilians for petty violations. Obviously the laws are not enforced as a matter of public safety, but rather to raise revenue,” added Justice.

Justice makes little effort to get the violations on videotape saying “all I have to do to catch them is open my eyes.”

“The problem with abuse of authority is rampant in New York City. I take my video camera with me on the way to work and on the way to social events and band rehearsals and when I see action it takes me less than 4 seconds to have the camera out and in record mode,” states Justice.

His videos have drawn the attention of media and he has been featured on ABC’s ‘I-caught videos’ and Inside Edition. Justice also states that the popularity of his videos have gotten the attention producers in Hollywood, California and as a result, there are plans for a television show.

Since Justice began getting even with officials and their violations, he states that there has been a positive change in the communities.

“The publicity my videos have received has effected positive change in the community, but we still have a long road ahead of us,” added Justice.

As a result of his videos, at the time the NYPD launched an investigation into the violations, but it is not known if any officers were charged or punished. Justice himself has never been arrested, but has been assaulted.

“I have never been arrested for this yet but they have threatened me with arrest. I have been spit on, cursed at, assaulted, and I had 2 cameras broken already,” added Justice.

Retrieved from “https://en.wikinews.org/w/index.php?title=Getting_even_with_the_law:_Wikinews_interviews_New_York_City%27s_%27Jimmy_Justice%27&oldid=1407729”