NSW Premier Chris Minns has removed Newcastle MP Tim Crakanthorp from the frontbench after he failed to declare a number of personal properties. Minns stated that he was unable to confirm the exact number of properties that were not declared. Following information received, Minns sent a formal letter to Crakanthorp, who then submitted a large number of properties held by family members. This prompted Minns’ decision to remove him from the cabinet.

“Tough Codes of Practice” Can Help Combat Scams and Fraud, says Assistant Treasurer Stephen Jones

Assistant Treasurer Stephen Jones has suggested implementing “tough codes of practice” to protect consumers against scams and fraud. Jones highlighted the increasing problem, which he described as reaching crisis point, and emphasized the need for a collaborative effort between businesses, telecommunications companies, banks, social media platforms, and the government. He also mentioned the importance of higher standards, better protections, and clearer compensation requirements when things go wrong.

Federal Government Aims to Boost Local Production of EV Batteries

Industry Minister Ed Husic has expressed the government’s determination to increase the production of electric vehicle (EV) batteries in Australia. Husic stated that the national Battery strategy is currently evaluating how Australia can become more involved in the broader battery value chain, including cell manufacturing, systems integration, and recycling. The goal is to reduce the country’s reliance on China for battery materials and deepen its involvement in the battery supply chain.

Australia and Indonesia Collaborate on EV Battery Production

Australia and Indonesia are planning to collaborate on the manufacturing of EV batteries as the Indonesian government aims to increase its battery production. The Indonesian government recently signed a memorandum of understanding with Korean company Hyundai to set up an EV manufacturing plant near Jakarta. Discussions are underway to explore how Australia and Indonesia can get involved in different aspects of the battery value chain. Both countries possess valuable minerals for battery production and recognize the importance of working together in the transition to renewable energy and achieving net-zero emissions.

BCCI Seeks $1.1 Billion for Cricket Media Rights Auction

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