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The Australian Financial Review. “It’s absurd to give someone a licence to print money without a public tender process. “The government was certainly in too much of a hurry and ... I think it was a mistake for it not to proceed by way of transparent public tender. Former chairman of the NSW gambling authority Chris Sidoti said there was no transparent, public tender for the casino licence.  Quentin Jones “I think one of the consequences of that mistake is the situation we’re now in.” Sidoti says the government skipped two crucial steps and failed to ask critic...

The RBA’s quantitative easing program has no impact on house prices and reduces long-term interest rates and the Aussie dollar to levels much lower than they would otherwise be, so more bond-buying is a lock.

The Molly Maguires: The Secret Society's History Explained Culture Club/Getty Images By Allen McDuffee/Jan. 28, 2021 9:46 am EDT The Coal Region had become a dangerous place in the 1870s. A shadowy group of Irish immigrants in northeastern Pennsylvania working in the mines assassinated 24 foremen and supervisors, and they sent "coffin notices" to many others, including scabs during mining strikes. They blew up workplace machinery and exacted revenge against rival gangs, politicians, and police, and they could always turn to their comrades for alibis to avoid prison. For the b...

25 mins ago Russia passes 3.5 million cases Russia's COVID-19 case tally passed the 3.5 million mark on Friday as authorities confirmed 24,715 new infections in the last 24 hours, including 5,534 in Moscow. Officials said 555 died overnight, taking the official death toll to 64,495 since the pandemic began. 6.42PM – Jan 15, 2021 MCT Not enough adolescents are signing up for Moderna's COVID-19 vaccine trial, potentially delaying vaccine authorisation for this age group. Last month, the US Food and Drug Administration approved the use of the Pfizer-BioNTech vaccine for 16- to 17-year-olds, as...

ASX snaps losing streak; Woodside, Oil Search rally Save Share Nick Lenaghan Shopping centre landlords face increasing pressure from tenants to adopt turnover-style rent agreements as the switch to online shopping accelerates, according to an S&P Global Ratings report. At the same time, major mall owners – who range from listed players such as Westfield operator Scentre and Vicinity Centres to unlisted owners including investment platforms QIC and ISPT – are grappling with the prospect of softer demand for space as retailer defaults increase and large international brands reduce their foo...