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Aukus is ‘worst, riskiest and most costly’ Australian defence decision ever, public inquiry into submarine deal says

6 days 18 hours ago

Report led by Peter Garrett and former defence chief Adm Chris Barrie says agreement should be suspended and calls for royal commission

A public inquiry into the $368bn Aukus nuclear submarine agreement has called the plan “the worst, riskiest and most costly defence decision ever made by an Australian government”, urging its immediate termination.

Former Labor MP and Midnight Oil frontman Peter Garrett, alongside former chief of defence Adm Chris Barrie, led the inquiry dominated by critics of the deal with the UK and US, recommending the suspension of plans for new bases and for a royal commission to be held into the agreement signed by the former Morrison government.

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Stocks Finished Mostly Higher on Chipmaker Strength

6 days 18 hours ago
The S&P 500 Index ($SPX ) (SPY ) closed up +0.36% on Tuesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.68%. December E-mini S&P futures (ESZ26 ) rose +0.36%, and December E-mini Nasdaq futures...

Stocks Finished Mostly Higher on Chipmaker Strength

6 days 18 hours ago
The S&P 500 Index ($SPX ) (SPY ) closed up +0.36% on Tuesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.68%. December E-mini S&P futures (ESZ26 ) rose +0.36%, and December E-mini Nasdaq futures...

Stocks Finished Mostly Higher on Chipmaker Strength

6 days 18 hours ago
The S&P 500 Index ($SPX ) (SPY ) closed up +0.36% on Tuesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.68%. December E-mini S&P futures (ESZ26 ) rose +0.36%, and December E-mini Nasdaq futures...

Stocks Finished Mostly Higher on Chipmaker Strength

6 days 18 hours ago
The S&P 500 Index ($SPX ) (SPY ) closed up +0.36% on Tuesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.68%. December E-mini S&P futures (ESZ26 ) rose +0.36%, and December E-mini Nasdaq futures...

Stocks Finished Mostly Higher on Chipmaker Strength

6 days 18 hours ago
The S&P 500 Index ($SPX ) (SPY ) closed up +0.36% on Tuesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.68%. December E-mini S&P futures (ESZ26 ) rose +0.36%, and December E-mini Nasdaq futures...

First 10 Australian songs inducted into the National Songbook after ‘very robust’ judging

6 days 18 hours ago

Yothu Yindi’s Treaty, Midnight Oil’s Beds Are Burning and Helen Reddy’s I Am Woman are among the first songs to be honoured on new list that will grow every year

  • Warning: Aboriginal and Torres Strait Islander readers are advised that this article contains images and names of Indigenous Australians who have died

Midnight Oil’s Beds Are Burning, Yothu Yindi’s Treaty and Helen Reddy’s I Am Woman are among the first 10 Australian songs to be inducted into the National Songbook – a new digital archive that celebrates and preserves songs that have shaped Australia’s national cultural identity.

Launched on Wednesday night at the National Film and Sound Archive (NFSA) in Canberra, the songbook is a joint initiative between NFSA and the music rights organisation Apra Amcos. The first 10 songs were selected by a panel of 11 music experts including broadcasters Richard Kingsmill and Zan Rowe, composer Cornel Wilczek and musician Mo’Ju.

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