Category: Asia Pacific

  • MIL-OSI Economics: Underwriting Auction for sale of Government Securities for ₹22,000 crore on February 07, 2025

    Source: Reserve Bank of India

    Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on February 07, 2025 (Friday).

    As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, applicable to each Primary Dealer (PD), are as under:

    (₹ crore)
    Security Notified Amount MUC amount per PD Minimum bidding commitment per PD under ACU auction
    6.92% GS 2039 12,000 286 286
    7.09% GS 2054 10,000 239 239

    The underwriting auction will be conducted through multiple price-based method on February 07, 2025 (Friday). PDs may submit their bids for ACU auction electronically through Core Banking Solution (E-Kuber) System between 10:30 A.M. and 11:00 A.M. on the day of underwriting auction.

    The underwriting commission will be credited to the current account of the respective PDs with RBI on the day of issue of securities.

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2024-2025/2085

    MIL OSI Economics

  • MIL-Evening Report: We know how hard it is for young people to buy a home – so how are some still doing it anyway?

    Source: The Conversation (Au and NZ) – By Rachel Ong ViforJ, John Curtin Distinguished Professor & ARC Future Fellow, Curtin University

    PrasitRodphan/Shutterstock

    For young Australians, breaking into the housing market feels tougher than ever. Many now fear they’ll never be able to own a home.

    Despite public debates on whether it’s truly harder to buy a house than it was decades ago, falling homeownership rates across generations suggest the market has indeed shifted significantly against those just starting out.

    But if it’s so difficult, how are some young people still managing to buy homes? Our newly published study set out to investigate the major barriers – and the factors – that might tip the scales in favour of ownership.

    Despite the challenges imposed by high home prices relative to incomes, some young Australians are still finding a way onto the property ladder.

    While being a good saver helps, a boost from the “bank of mum and dad” can be a game changer.

    A fading dream

    Using 14 years of data from the 2006-2020 government-funded Household, Income and Labour Dynamics in Australia (HILDA) survey, we tracked independent adults aged 25-44 who were not homeowners.

    Our calculations from the HILDA survey show for those aged 25-44 , average house prices across major cities in 2006 were 4.5 times the average household income.

    In Sydney, for example, the average price of properties faced by these young people was about A$600,000 in 2006 while the average household income was $102,000.

    Across major cities, this ratio rose steadily to 6 times income in 2018, before dropping slightly to 5.4 times income at the start of the pandemic.

    For young people in cities, house prices are spiralling upward at faster rates than their incomes.

    A generous ‘bank’ available to some

    As property markets have become more unaffordable, the share of non-homeowning young people receiving help from the “bank of mum and dad” has climbed.

    We estimated from the HILDA survey that in 2006, 3.1% of this group received more than $5,000 in transfers or inheritance from their parents, rising to 5.3% by 2020.

    Young people are good savers

    Contrary to popular some commentary that young people are unable to purchase a house because they are spending their money on “smashed avocados”, young people are actually saving more.

    In 2006, around two-thirds of non-homeowning adults aged 25-44 saved regularly by putting money aside each month, saved non-regular income, or saved money left over after they met their spending needs. This proportion increased to four in five of young non-homeowning adults in 2020.

    In general, young non-homeowners are also financially planning further ahead. In 2006, 47% were planning more than a year ahead. By 2020, this share had risen to 55%.

    How are some young people buying houses?

    We looked at how the personal saving habits of young people influence their homeownership chances, taking each person’s finances and living situation into account.

    Not surprisingly, saving regularly does improve the likelihood of eventually buying a house. However, being a regular saver is much less likely to offset the impact of rising prices than parental help.

    Our research found that once prices exceed three times an individual’s income, their odds of becoming a homeowner are halved.

    No, brunch is not to blame for the state of Australia’s housing market.
    Tatiana Volgutova/Shutterstock

    In much of Australia, prices are already well above that mark. In all state capitals, they’ve gone beyond six times annual household income – a line where the odds of homeownership fall to about a third.

    However, we found having access to the “bank of mum and dad” can shift these odds dramatically.

    We found receiving financial assistance of more than $5,000 quadruples the odds of becoming a homeowner.

    Parents also help in indirect ways. Young people living in rent-free dwellings provided by family or friends had more than double the odds of private renters.

    This puts those from well-off families at a distinct advantage. Those without parental assistance face steeper deposit hurdles and risk missing out on access to areas with better job prospects.

    How governments can help

    For those without parental assistance, governments have an important role to play. Property prices will continue to soar faster than incomes grow, unless policies are implemented to address both supply and demand challenges.

    Loosening restrictions on mortgage borrowing could help some first homebuyers overcome the hurdle to homeownership. But there’s a worrying trade-off between making it easier to borrow and exposing young people to more financial risk.

    Government grants that place more cash into the hands of first-time homebuyers will likely push house prices up further, unless supply of entry-level properties can keep up.

    Such grants should also be carefully targeted to those without access to personal or family resources to help buy a home.

    Finally, tax reforms could be used to increase the supply of dwellings in first homeowner entry markets, and hold back demand from multi-property owners who can crowd out first-time home buyers.




    Read more:
    Our housing system is broken and the poorest Australians are being hardest hit


    Rachel Ong ViforJ is the recipient of an Australian Research Council Future Fellowship (project FT200100422). She also receives funding from the Australian Housing and Urban Research Institute.

    Christopher Phelps and Jack Hewton do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. We know how hard it is for young people to buy a home – so how are some still doing it anyway? – https://theconversation.com/we-know-how-hard-it-is-for-young-people-to-buy-a-home-so-how-are-some-still-doing-it-anyway-248666

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Australia: (WIP) New industry standards for online safety: what service providers need to know

    Source: Allens Insights

    Deadline to carry out risk assessments is fast approaching 8 min read

    Certain online service providers must complete a risk assessment and implement required compliance measures by 21 June 2025. This relates to the following types of material:

    • child sexual exploitation
    • pro-terrorism
    • extreme crime and violence (Class 1A material)
    • crime and violence
    • drug-related material (Class 1B material).

    This is required by two industry standards referred to as the Phase 1 Standards:

    • Online Safety (Relevant Electronic Services)—Class 1A and Class 1B Material) Industry Standard 2024 (the RES Standard); and
    • Online Safety (Designated Internet Services—Class 1A and Class 1B Material) Industry Standard 2024 (the DIS Standard).

    In this Insight, we cover who needs to carry out a risk assessment and the obligations that two new industry standards impose.

    Key takeaways

    How did we get here?

    The Act provides for industry bodies to develop new codes to regulate Class 1 and Class 2 materials. The industry bodies (including the Communications Alliance, Australian Mobile Telecommunications Association, Digital Industry Group, and Interactive Games and Entertainment Association) adopted a two-phase approach to develop these codes.

    During phase 1, industry bodies drafted eight codes to regulate Class 1A and Class 1B material. Six of these industry codes were registered in 2023, and they apply to the following sections of the online industry: social media services, app distribution services, hosting services, internet carriage services, equipment providers and search engine services. The other two codes were not registered because the Commissioner was not satisfied that they provided appropriate community safeguards. As a result, the Commissioner developed and registered the RES Standard and DIS Standard.

    Development of the phase 2 industry codes have been underway since July 2024, with public consultation concluding on 22 November 2024. These codes are intended to deal with class 1C and class 2 materials, which includes online pornography and other high-impact material.

    Phase 1 Standards

    The Phase 1 Standards apply to two sections of the online industry—providers of RESs and DISs

    RES DIS

    A service that enables end-users in Australia to communicate with other end-users by:

    • email
    • instant messaging
    • SMS
    • MMS
    • chat services

    as well as:

    • services that enable end-users to play online games with each other; and
    • online dating services.

    Note: A service that meets the definition of a RES will be required to comply with the RES Standard, regardless of whether it also meets the definition of another industry section.5

    A service that:

    • allows end-users in Australia to access material using internet carriage services; or
    • delivers material to persons who have the appropriate equipment for receiving that material via an internet carriage service.

    Note: This is a very broad category that includes many apps and websites, as well as file and photo storage services, and some services that deploy or distribute generative artificial intelligence models.6 A DIS is expressly not:

    • a social media service;
    • a RES;
    • an on-demand program service; or
    • other specified and exempt services.7

    A service that meets the definition of a DIS will be required to comply with the DIS Standard, unless the service’s predominant purpose is more closely aligned with another industry code or industry standard.8

    The RES Standard and DIS Standard classifies certain service providers as ‘pre-assessed’ or ‘defined’ categories. A service provider that falls within either the pre-assessed or defined categories is not required to conduct its own risk assessment. Instead, it is deemed to either fall within a particular risk tier, or it has a unique risk profile such that no specific risk tier is attributed to it.

    Service providers that are not captured in the table below must conduct their own risk assessment or default to assigning the service a Tier 1 risk profile.9

    RES Standard DIS Standard

    Pre-assessed category:

    • Communication relevant electronic service
    • Gaming service with communication functionality
    • Dating service

    Pre-assessed category:

    • High impact DIS
    • Classified DIS
    • General purpose DIS
    • Enterprise DIS

    Defined category:

    • Telephony RES
    • Enterprise RES
    • Gaming service with limited communication functionality

    Defined category:

    • End-user managed hosting service
    • High impact generative AI DIS
    • Model distribution platform

    The risk assessment must be undertaken by a person with the relevant skills, experience and expertise to carry it out.10  

    The Phase 1 Standards require certain matters to be taken into account, so far as they are relevant to the service, to determine the overall risk tier for it.11 These are summarised below. Depending on the nature of a service and the context it operates in, service providers are likely to have additional risk factors to consider beyond the ones below.

    Applicability to RES or DIS Matters to be taken into account for risk assessment
    Both RES and DIS
    • Predominant purpose of the service
    • Functionality of the service12
    • Extent to which material posted on, generated by or distributed using the service will be available to end-users of the service in Australia
    • Terms of use for the service
    • Terms of arrangements under which the provider acquires content to be made available on the service
    • Ages of end-users and likely end-users of the service
    • Outcomes of the forward-looking analysis conducted under section 8(4) of the RES Standard and DIS Standard
    • Safety by design guidance and tools published or made available by a government agency or a foreign or international body
    • Risk to the online safety of end-users in Australia in relation to material generated by artificial intelligence.
    DIS only
    • Manner in which material is created or contributed to in connection with the service
    • Whether the service includes chat, messaging or other communications functionality
    • Risk that any generative AI features of the service will be used to generate high-impact materials
    • Design features and controls deployed to mitigate the risks related to material generated by AI and high-impact materials generated by generative AI features of the service

    Obligations that flow from risk assessment

    The Phase 1 Standards impose a range of obligations depending on the service provider’s risk tier arising from the risk assessment (ie Tier 1, Tier 2 or Tier 3), or the type of service it is pre-assessed or defined to be if it has a unique risk profile (eg Telephony RES, High impact generative AI DIS or dating service).

    A high-level summary of the obligations that may be applicable to certain RESs and DISs include:

    • Implement, enforce and publish relevant terms of use.
    • Ensure that there are systems in place to address circumstances where there is a breach of terms in respect of class 1A and class 1B material, including processes to report such material to an enforcement authority if it represents a serious and immediate threat to a person in Australia.
    • Implement a system for disrupting access and distribution of class 1A materials through the RES or DIS.
    • Implement a system to detect and remove class 1A materials that is accessible through the RES or DIS.
    • Implement reporting arrangements to ensure compliance with the Phase 1 Standards.
    • Ensure that features and settings that would minimise the risk of class 1A or class 1B material are incorporated before material changes are made to the service.
    • Ensure end-users can effectively control associated communication functions.
    • Implement policies, procedures and mechanisms to report or make complaints, and to respond to complaints.
    • Notify the Commissioner of proposed changes to the features and functions of the service, unless the change will not significantly increase the relevant risk.
    • Cooperate with and report to the Commissioner as required.

    What’s next?

    The Commissioner has stated that no enforcement action will be taken in the first six months of the Phase 1 Standards coming into effect, apart from in exceptional circumstances—eg in response to serious or deliberate non-compliance. The initial focus will be on working with industry bodies and service providers to raise awareness of their obligations under the Phase 1 Standards.13

    The Commissioner has a range of enforcement options under the Act to address non-compliance with the Phase 1 Standards. These include:

    • a formal warning
    • an enforceable undertaking
    • an injunction
    • an infringement notice
    • civil penalty proceedings or a court order requiring a service provider to cease its service.

    Notably, failure to comply with the Phase 1 Standards may, currently, result in a penalty of up to $49.5 million.14 Service providers should promptly take proactive measures to ensure they are complying with their obligations under the Phase 1 Standards (including conducting a risk assessment if necessary) to avoid enforcement action by the Commissioner, which may commence from 22 June 2025.

    Service providers should also be aware that new regulation of the access and exposure to class 1C and class 2 material is forthcoming. The Commissioner will undertake an assessment of whether the draft phase 2 industry codes meet the statutory requirements when they are submitted for registration, which must be no later than 28 February 2025.

    Review of Online Safety Act

    On 4 February 2025, the Government tabled the statutory review of the Online Safety Act (the Report). This independent review was initially delivered to the Government in October 2024 and makes 67 recommendations aimed at strengthening Australia’s online safety framework.

    Key recommendations in the Report include:

    • Legislating a statutory digital duty of care that is intended to place the onus on digital platforms to prevent online harms.
    • Raising the civil penalties for breaches of the Act (ie the maximum penalty to be increased to the greater of 5% of global annual turnover or $50 million).
    • Empowering the Commissioner with stronger investigative, information-gathering and enforcement powers, such as the power to require certain providers of online service to undertake compliance audits at their own expense.
    • Requiring providers of services with the greatest reach or risk to provide an annual transparency report and publish a summarised version on its website.

    There is currently no proposed legislation (or timetable for legislation) to implement the recommendations, but the Government has said it will continue to carefully consider all recommendations put forward in the Report and respond in due course. With the federal election looming, the Government’s (and Opposition’s) response to online safety reform is a key area to watch.

    MIL OSI News

  • MIL-OSI Economics: Result of the Daily Variable Rate Repo (VRR) auction held on February 06, 2025

    Source: Reserve Bank of India

    Tenor 1-day
    Notified Amount (in ₹ crore) 25,000
    Total amount of bids received (in ₹ crore) 21,674
    Amount allotted (in ₹ crore) 21,674
    Cut off Rate (%) 6.51
    Weighted Average Rate (%) 6.52
    Partial Allotment Percentage of bids received at cut off rate (%) NA

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2024-2025/2084

    MIL OSI Economics

  • MIL-OSI Asia-Pac: Policy on mediation implemented

    Source: Hong Kong Information Services

    A policy incorporating mediation clauses in government contracts came into effect today.

    The Department of Justice (DoJ) explained that the clauses outline that contract parties agree to use mediation to resolve disputes first before resorting to arbitration or litigation.

    In addition, the DoJ today promulgated “The Government of the Hong Kong Special Administrative Region Mediation Rules (2025 Edition)”. It stressed that these shall not affect the operation of “The Government of the Hong Kong Special Administrative Region Construction Mediation Rules (1999 Edition)”.

    The implementation of mediation clauses follows the issuance of a Policy Statement on the Incorporation of Mediation Clauses in Government Contracts on November 6 last year.

    The DoJ said it anticipates that private organisations will make reference to and adopt similar mediation clauses in their own contracts, thereby deepening a “mediate first” culture.

    MIL OSI Asia Pacific News

  • MIL-OSI Australia: Check your governing documents before 31 March

    Source: Australian Department of Revenue

    Ensuring that you review your governing documents before 31 March, will make lodging your NFP self-review return as smooth as possible. NFPs that self-assess as income tax exempt are required to maintain governing documents to satisfy their operation as an NFP. Checking these documents remain current is an important step in reviewing your NFPs entitlement.

    Governing documents are the formal documents that set out your organisation’s purpose, character and the way the NFP is governed, operates and makes decisions. To get ready for the annual reporting, your organisation needs to review its main purpose and activities and make sure your governing documents have appropriate clauses to reflect its NFP character.

    Governing documents may be called other things, such as:

    • rules or articles of association
    • constitution
    • rule book
    • deed of trust.

    We will accept your organisation as an NFP if your governing documents prevent you from distributing profits or assets for the benefit of specific people – both while it operates and when it winds up. Governing documents must include rules that ensure members and other private persons do not receive the property or assets of the organisation, other than as reimbursement for services provided or for expenses incurred on behalf of the organisation.

    If your NFP doesn’t have these types of clauses in its governing documents, it can still self-assess as income tax exempt for the 2023–24 income year provided it has not distributed any assets or income to members. However, it has until 30 June 2025 to update its governing documents. Failure to do so will mean that it cannot self-assess as income tax exempt from 1 July 2024.

    If you need more help with getting ready to lodge, including how to prepare your governing documents, you can visit our website for updated information about the NFP self-review return.

    MIL OSI News

  • MIL-OSI USA: Senators Coons, Lankford, Kaine, and Tillis reintroduce bipartisan resolution supporting international religious freedom

    US Senate News:

    Source: United States Senator for Delaware Christopher Coons

    WASHINGTON – U.S. Senators Chris Coons (D-Del.) and James Lankford (R-Okla.) introduced a bipartisan resolution to express support for international religious freedom as a fundamental right and a cornerstone of U.S. foreign policy amid concern over increased attacks on religious freedom worldwide. This effort is cosponsored by Senators Tim Kaine (D-Va.) and Thom Tillis (R-N.C.). This bill was previously introduced in the 118th Congress.

    In just the past two years, there have been thousands of incidents where religious freedom was violated around the world, including violence against Rohingya Muslims in Burma, attacks on Uyghurs in China, and persecution of clergy by Russians in Ukraine, according to the U.S. Commission on International Religious Freedom (USCIRF). In 2023, USCIRF identified more than 2,200 individuals—Christians, Jews, Muslims, Buddhists, Hindus, and Sikhs alike—targeted by 27 different countries and entities for their religious beliefs. As of 2024, there are 96 countries with legislation criminalizing blasphemy used to enforce arbitrary limitations on religious freedoms. 

    The resolution urges the State Department to expand its support for religious freedom around the world as threats and violence worsen. This effort would leverage all diplomatic and sanctions tools available to hold violators of religious freedom accountable and would encourage the State Department to promote religious freedom as a central tenet of U.S. foreign policy implementation.

    “As Co-Chair of the Senate Human Rights Caucus, I have fiercely defended the religious freedom of all Americans, but our work can’t stop at home,” said Senator Coons. “Whether you’re a member of a religious minority or a non-believer, far too many people around the world are unfairly targeted and even persecuted for their beliefs and practices. I’m proud to once again lead this bipartisan effort to highlight the importance of promoting religious freedom for our nation’s foreign policy and standing.”

    “The fundamental right of every person to have a faith, live your faith, change your faith, or have no faith at all must be recognized throughout the world. Countries like China, Russia, and Iran continue to target and persecute citizens for living this most basic freedom. The United States must continue its international leadership to defend religious freedom, which is why we are reaffirming our commitment to fight for religious freedom around the world,” said Senator Lankford.

    “In 1786, the Virginia General Assembly passed a statute instituting religious freedom in the Commonwealth, establishing the basis of religious freedom for the whole of the United States. Today, individuals throughout the world who live in countries where religious freedom is threatened or non-existent see the U.S. as a beacon of hope that people of all beliefs can live in the same neighborhoods, attend the same schools, and work side by side,” said Senator Kaine. “Amid the horrifying rise in attacks on faith-based communities, I’m joining my colleagues in sending a clear message that we must work together to protect religious freedom in every corner of the globe.”

    “The United States must maintain our steadfast commitment to standing up for religious liberty,” said Senator Tillis. “This resolution expresses our unwavering support for victims of religious persecution and reaffirms our support for safeguarding religious freedom worldwide.”

    The full text of this resolution is available here.

    Senator Coons and Senator Tillis are Co-Chairs of the Senate Human Rights Caucus.

    MIL OSI USA News

  • MIL-OSI Australia: Remarks to the Business Council of Australia Dinner

    Source: Australian Treasurer

    Thanks to Bran for the invitation, Geoff for the introduction and to you all for being here.

    It’s a pleasure to be back for this annual gathering on Ngunnawal and Ngambri land. I acknowledge, as Geoff did, elders, customs and traditions.

    I know I speak for Mark, Katy, Don, Chris, Murray and Andrew when I say our attendance is a symbol of our appreciation for your engagement with us on economic policy.

    It’s also another chance to thank you for the jobs and opportunities you create around Australia.

    And from a personal point of view, to thank you for the opportunity we have to catch up every month or 2 with the board or other small groups, to compare notes.

    This bigger gathering is timely in political terms with an election due by May.

    It’s also timely from an economic perspective.

    We’ve seen really important data released in the last month, a new administration in the US making some big announcements, some volatility in markets as well.

    I want to focus almost exclusively on economics tonight.

    Because 2 inflation readings and the jobs figures have brought the soft landing we have been working towards into sharper focus.

    Last week’s CPI data saw underlying inflation fall to a 3‑year low and headline inflation fall to an almost 4‑year low.

    That represents the sharpest moderation in a parliamentary term since inflation targeting began.

    Even more extraordinary that we’ve made this substantial and sustained progress on inflation at the same time as we’ve seen the creation of more than 1.1 million new jobs.

    I put it this way because I think we’re on the cusp of achieving something remarkable, together.

    Inflation is down, unemployment is still low, and, unlike most of our peers, we’ve avoided even one negative quarter of growth.

    You’d know and appreciate how unusual this is in historical terms and in contemporary global experience as well.

    Every other time we’ve gone through an inflation spike, it’s been followed by higher unemployment.

    On other occasions and now in most other advanced economies progress on inflation has been paid for with much higher unemployment and negative quarters of growth.

    Since the start of 2022 every major advanced economy, and two-thirds of the OECD, has gone backwards at least once.

    We’ve made as much or more progress on inflation without paying that price.

    Before I get carried away here let me acknowledge 3 important truths.

    Australians are still under very substantial if not severe financial pressure – we get that.

    Our economy is not productive enough – more on that shortly.

    And our economy is barely growing – an inevitable consequence of higher interest rates and global pressures.

    In this soft economy there have still been some remarkable developments we shouldn’t dismiss or diminish:

    The lowest average unemployment rate for any government in 50 years.

    Stronger employment growth than any major advanced economy.

    Four in every 5 of the 1.1 million jobs created in the private sector.

    More jobs created in the market sector than any first‑term government on record.

    Record labour force participation.

    The strongest rate of real wage growth since 2020 – and now 4 consecutive quarters of annual real wage growth.

    The narrowest gender pay gap on record.

    Unemployment at 4 per cent and inflation below 3 per cent at the same time, for the first time in half a century.

    The highest level of business investment in over a decade, in the last financial year.

    25,000 new businesses created each month this term, the highest average on record.

    27 share market record highs since the election –

    25 per cent growth in household wealth via super and shares as a result.

    The biggest nominal improvement in the budget in a Parliamentary term.

    The first back‑to‑back surpluses in almost 2 decades.

    We know the job’s not done and the economy is not yet what we want it to be but there is progress to be proud of too.

    I run through this list not to take the credit, but to share it.

    Because our exceptionalism is the result of governments, employers and employees all doing their bit.

    This is the soft landing we’ve been planning and preparing for.

    We decided we’d rather deliver a soft landing than clean up after a hard one.

    It’s why our economic plan was always about fighting inflation without ignoring risks to growth.

    Public demand has played a role in keeping the economy from going backwards over the past 2 years.

    But we know that the best kind of strong and sustainable economic growth means growth led by the private sector.

    When I’ve said this on many occasions before, I’ve seen it written up as some kind of reluctant admission, but I think it’s just common sense.

    Our economy is at its best when it’s private companies powering growth and propelling us forward.

    This is what guides our productivity agenda.

    It has 5 pillars:

    Creating a more dynamic and resilient economy.

    Building a skilled and adaptable workforce.

    Harnessing data and digital technology.

    Delivering quality care more efficiently.

    Investing in cheaper, cleaner energy and the net zero transformation.

    We’ve asked the Productivity Commission for a big piece of work on each pillar, deliberately timed for the second half of this year to inform whoever wins the election.

    But we haven’t been waiting for those inquiries to land.

    We’ve already put in place some substantial and under‑recognised policy:

    Abolishing 500 nuisance tariffs.

    Introducing comprehensive competition reforms.

    The biggest overhaul to merger settings in 50 years.

    Better designing and informing our capital markets.

    Reforming our foreign investment framework.

    A $900 million National Productivity Fund.

    Record investment in skills.

    The Universities Accord.

    Finishing the NBN.

    Investing in quantum computing.

    Reforming the NDIS.

    Unlocking tens of billions in private investment via the Capacity Investment Scheme.

    Realising net zero industrial opportunities through a Future Made in Australia –

    Like our green hydrogen, critical minerals, and green aluminium production incentives.

    This list isn’t exhaustive but it’s indicative and I use it to make this point:

    There was a big focus on productivity in this first term and there will be an even bigger focus in a second, should we win one.

    Let me give you a couple of examples.

    Take regulation.

    Here I pay tribute to all the work Katy has been driving to harmonise standards, streamline accreditation and make it easier to export Australian goods.

    This year, we’ll also stand up our single front door for investors –

    And I can let you know tonight I’ve asked Danielle Wood to look into how we can further streamline regulation as part of the inquiries the PC are doing on our 5 pillars.

    This is all aimed at making it easier to invest, easier to hire, easier to trade and easier to do business in Australia.

    Historically, more than half of our productivity growth has come from working smarter – combining our skills and capital resources in more efficient and innovative ways.

    Here it’s AI and the digital economy where we see huge opportunities.

    You only need to look at the events of the last few weeks to get a sense of the scale and breadth of the sweeping change AI presents.

    From the Americans announcing the $800 billion Stargate AI project one day –

    To Chinese start‑up DeepSeek causing $1 trillion to be wiped from Nvidia’s market cap – the biggest one‑day rout in the history of the US share market.

    It’s clear AI will become a bigger part of our economy and lives.

    How we respond will shape the future.

    Australia is among the top 5 global destinations for the data centre infrastructure AI depends on.

    Our reputation and software development know‑how also means we’re a priority market for AI app development.

    Already 70 per cent of Australian businesses have implemented AI and another 20 odd per cent are planning to in the next year.

    It’s a big focus for us now and will be over the coming years.

    Ed has already done a lot of work on how we get the policy settings right – including how to make sure AI is deployed safely and sustainably.

    Our focus with AI is also on the huge gains on offer, not just the guardrails.

    We want to continue to build and foster innovation, so more workers and more businesses adapt and adopt AI to their advantage.

    And also give investors clarity and certainty to invest in AI infrastructure in Australia with confidence.

    That will be a big focus our National AI Capability Plan for Australia.

    We want you to bring forward your ideas, your innovation and your ambition to shape that plan.

    We’ll always listen when you do –

    We read with interest the BCA’s 2025 election platform this week, with technology, AI and deregulation all featuring.

    Because we know to make the momentous changes happening in the digital economy, energy transformation, services sector, geopolitics and demographics work for us, your ideas and insights will be key.

    The patterns of history tell us what happens when our relationship is at its best.

    Those of you who have heard me speak a lot will recognise my obsession with our fourth economy.

    Let me put this in some broader context.

    You all spend as much time in airport bookshops as me.

    And you’re all probably bigger readers than I am when it comes to investing and market cycles.

    So I know you’d all be familiar with people like Ray Dalio, George Friedman, or Neil Howe and William Strauss.

    They’re all grappling with a similar question:

    Where do we fit in the bigger sweep of economic history and how should that inform our strategy?

    In the US, 80‑year historical cycles lead from one kind of society and economy to the next.

    For Australia it’s more like 40‑years.

    Every 4 decades or so from the 1900s we have transformed our economy.

    From largely agrarian at the start of the 20th century.

    To one that was industrial and protected after the Second World War.

    And then unshackled and opened up to the world in the 1980s.

    Every time one of these 3 economies has taken shape the private sector has been at the forefront of the transformation.

    In the 1900s it was the wool and wheat industries.

    In the 1940s it was manufacturing, underpinned by trade agreements which supported our domestic and export industries.

    And 40 years later, it was the services and financial sector – new drivers of growth unlocked as Labor dismantled the tariff wall and floated the dollar.

    The BCA itself came to life during one of these seismic shifts – following Bob’s National Economic Summit in 1983.

    It’s 4 decades since we unleashed our third economy –

    And we’re now building a fourth, transformed by technology and powered by cleaner and cheaper energy.

    An economy that ensures Australians are primary beneficiaries of all the churn and change occurring around the world.

    Over the last 15 years, we’ve seen 3 major economic shocks, war, and tensions in our region.

    At the same time as the big 5 shifts identified in our Intergenerational Report transform the world.

    From globalisation to fragmentation;

    From hydrocarbons to renewables;

    From information technology to AI;

    From a younger population to an older one;

    And changes to our industrial base.

    All this is shaped by a pronounced slowdown in China, a new administration in the US with new priorities, and an uncertain outlook for Europe and the Middle East.

    The fourth economy is about how we make Australia an island of opportunity and prosperity in a sea of uncertainty.

    Modernising our economy, managing pressures, and maximising our advantages.

    We see a powerful and pre-eminent place for the private sector in the future we will build together.

    Propelling our growth and pushing us forward.

    Innovating and investing.

    Employing and upskilling.

    Our political opponents want to pick fights with you on cultural issues and take the country backwards, divided.

    We want to work with you on the economy to take the country forwards, together.

    We know we wouldn’t be approaching this soft landing without you.

    And we know that we can’t build Australia’s fourth economy without you either.

    For all these reasons I’m looking forward to the discussion tonight.

    MIL OSI News

  • MIL-OSI Australia: Address to OECD International Workshop on Rigorous Impact Evaluation Approaches including Randomised Controlled Trials

    Source: Australian Treasurer

    As is customary in Australia, I acknowledge the Ngunnawal people, on whose lands I am recording these remarks, and all First Nations people joining this international workshop.

    Thank you to our OECD Public Management and budgeting colleagues, Jon Blondal, Andrew Blazey and the team for helping to coordinate this event and offering me the opportunity to provide this opening address. This event is being run by the OECD in collaboration with the Australian Centre for Evaluation in the Department of the Treasury. The Australian Government is delighted to be contributing to global efforts to advocate for better evidence. And we are keen to connect with international endeavours that promote its generation, synthesis and sharing in public policy.

    Today, I want to discuss how countries can collaborate to better create and use evidence. This is a substantial reform. Indeed, I argue that randomised trials and better use of evidence isn’t just another worthy public policy tweak. It’s bigger than that. Much bigger. Effectively using evidence to make policy decisions is a public administration reform on par with the biggest changes in good government that humanity has put into place. It is the seventh phase of good government.

    Let’s take a quick moment to run through the major milestones in the history of public administration.

    Six big reforms in the history of public administration

    Throughout history, there have been 6 big reforms in public administration.

    The first was the rise of bureaucracy and professionalised governance. It was during the 18th and 19th centuries that public administration shifted from patronage and informal systems to emphasising impartiality, specialisation, and accountability. Democratic institutions and a robust civil society provided the conditions for an independent and accountable civil service.

    The second big reform occurred in the early 20th century. The efficiency revolution – scientific management of public administration that focused on efficiency and rational organisation – was inspired by industrial principles.

    In response to economic crises and post‑WWII recovery, we saw the rise of the third big reform – the welfare state and the expansion of government responsibilities in social welfare, healthcare and economic planning.

    The fourth big reform in public administration in the late 20th century was market‑oriented governance. We saw governments adopt private‑sector practices like outsourcing, performance metrics, and competition.

    Concerns about accountability also carried through to the fifth big historic reform – the era of digital transformation and e‑governance. The early 21st century saw technology revolutionise public administration. It enabled data‑driven decision‑making and citizen engagement.

    Building on the lessons learnt during the digital transformation, the past decade has seen the move towards adaptive governance – the sixth big reform in public administration. Top‑down processes were swapped out for more flexible, collaborative and cross‑sector approaches that embrace ‘long‑term systems thinking’ to address interconnected crises such as climate change (Brunner and Lynch 2017).

    Each of these 6 big reforms from the past 3 centuries has helped to reshape government and improve citizens’ lives.

    The seventh big reform in public administration: randomised trials

    Today I want to argue that we are on the cusp of a seventh big reform in public administration.

    It will involve the widespread adoption of randomised trials as a means of testing policies by providing a counterfactual.

    This reform should include the synthesis of quality evidence about what works, and what doesn’t, to provide public administrators with irrefutable knowledge that can improve people’s lives.

    Let’s consider a couple of examples to see how this might work in practice.

    Eye care is often a neglected field of public health in developing economies.

    In rural Bangladesh, a randomised trial of providing free reading glasses involved more than 800 adults with jobs requiring close attention to detail, such as tea pickers, weavers, and seamstresses (Jacobs 2024). The study found that when workers were given free reading glasses, they earned 33 per cent more than those who were not given glasses (Sehrin et al. 2024).

    Speaking to The New York Times, Dr Nathan Congdon, one of the authors of the study findings, said that ‘…what makes the results especially exciting is the potential to convince governments that vision care interventions are as inexpensive, cost‑effective and life‑changing as anything else that we can offer in healthcare’ (Jacobs 2024).

    As well as garnering evidence on what does work, the widespread adoption of randomised trials must also include quality evidence about what doesn’t work.

    In 2014, the US state of Massachusetts launched a 4‑year intervention program called the Juvenile Justice Pay for Success Initiative (Patrick DL 2014). The program aimed to reduce recidivism and improve employment outcomes in young men who were at high risk of re‑offending (Third Sector 2024).

    The initiative involved an experimental financial contract called ‘Pay For Success’ – also known as a social impact bond. Funders assumed the US$27 million up‑front financial risk. And the government would only refund the cost of the program if a third‑party evaluator and validator determined that the initiative achieved a reduction in the number of days the young men spent in jail, and improvements in their employment and job readiness (Patrick DL 2014).

    At the end of the 4‑year program, a randomised trial found no discernible effects on reincarceration or employment (Coalition for Evidence‑Based Policy 2025). Neither the recidivism nor employment outcomes were sizable enough to trigger the repayment under the pay‑for‑success contract (Roca et al. 2025).

    Why randomised trials should be prioritised over other forms of evaluation

    When the evaluation of a social program does not produce the hoped‑for results, it’s difficult to avoid feelings of disappointment.

    But this has been the reality for some time.

    We know from the history of large, well‑conducted randomised trial evaluations that only a small percentage find that the intervention being evaluated produces a meaningful improvement over the status quo.

    As Peter Rossi attested in his 1987 Iron Law of Evaluation, ‘The expected value of any net impact assessment of any large‑scale social program is zero’ (Arnold Ventures 2018a).

    But here’s the light on the hill.

    The ‘iron law’ applies to most fields of research. That includes medicine, where 50–80 per cent of positive results from initial clinical studies are overturned by a subsequent randomised trial (Arnold Ventures 2018a).

    In medicine, the move towards randomised trials continues to save lives and stop unnecessary interventions.

    For every new treatment such as AIDS drugs, the HPV vaccine and genetic testing – medicine has discarded old ones, like bloodletting, gastric freezing and tonsillectomy (Leigh 2018).

    The willingness to test cures against placebos, or the best available alternative, is how we make progress. In public policy, we can do the same. If it works, we use it; if not, it’s back to the lab.

    The central goal of evaluation: finding interventions that work

    The key is having a big, ambitious goal to strive towards.

    I propose the primary goal of government evaluation should be to find interventions that work.

    More specifically – to build a body of programs backed by strong, replicated randomised trial evidence of important, lasting improvements in people’s lives.

    In other words, evidence that provides policymakers with confidence that if another jurisdiction were to implement the program faithfully in a similar population, it would improve people’s lives in a meaningful way.

    Imagine being able to confidently draw from a codified body of social programs and interventions that your jurisdiction could test, deploy and regulate.

    In the United States, the Coalition for Evidence‑Based Policy points towards Saga Education, a high‑dosage mathematics tutoring program for year 9 and 10 students in low‑income US schools that underwent 3 rigorous randomised trials. This program produced sizable, statistically significant effects on students’ maths scores on the district tests at the end of the tutoring year (Arnold Ventures 2024a). I’ll come back to this program a bit later.

    Similarly, the Coalition for Evidence‑Based Policy points to 2 job‑training programs for low‑income adults that were both shown to increase long‑term earnings by 20 to 40 per cent. These programs focused on the fast‑growing IT and financial services sectors, where jobs are well paid, and employees are in high demand (Arnold Ventures 2022a and 2022b).

    Finding interventions that work should be evaluators’ central goal. It is the only plausible path by which rigorous evaluations will improve the human condition. If we don’t allocate spending based on rigorous evidence, it is hard to see how governments can make progress on critical social problems.

    Here in Australia, a think tank study examined a sample of 20 Australian Government programs conducted between 2015 and 2022 (Winzar et al. 2023).

    Their report concluded that 95 per cent of the programs, which had a total expenditure of over A$200 billion, were not properly evaluated. And its analysis of Australian state and territory government evaluations reported similar results.

    The researchers noted that the problems with evaluation started from the outset of program and policy design. They also estimated that fewer than 1.5 per cent of government evaluations use a randomised design (Winzar et al. 2023).

    This finding echoes the Australian Productivity Commission’s 2020 report into the evaluation of Indigenous programs (Productivity Commission 2020).

    This report concluded that ‘both the quality and usefulness of evaluations of policies and programs affecting Aboriginal and Torres Strait Islander people are lacking’, and that ‘Evaluation is often an afterthought rather than built into policy design’ (Productivity Commission 2020).

    Finding what works: using strong signals from prior research

    If we accept that the central goal of evaluation is to find interventions that work, there are important implications for researchers and research funders.

    It means that it makes sense to evaluate an intervention, using a large randomised trial, only if there is a strong signal in prior research.

    Examples of prior research could include a pilot randomised trial, a high‑quality quasi‑experiment, or a randomised trial of a related program.

    This is the approach that Arnold Ventures is taking in the US via the Coalition for Evidence‑Based Policy, the US nonprofit relaunched under the leadership of Jon Baron (Coalition for Evidence‑Based Policy n.d.).

    Rigorous testing enabled Arnold Ventures to create a growing body of proven interventions in education and training (Coalition for Evidence‑Based Policy n.d.). It’s an approach also being used by the US Department of Education in its Investing in Innovation Fund, which was recently renamed the Education Innovation and Research Program. It has yielded a much higher success rate in identifying interventions with true effectiveness. In 2019, robust evidence standards used by the Fund (as it was at the time) resulted in positive impacts for 40 to 50 per cent of its larger grants.

    Compare this to the US Department of Health and Human Services’ Teen Pregnancy Prevention Program, which had a much lower hit rate of success – just 17 per cent – for its larger grants (Arnold Ventures 2019).

    Arnold Ventures (2018b) proposes a strategy for policy and researchers that involves 3 tiers of evidence – top, middle and low.

    Expand the implementation of programs backed by strong (‘top tier’) evidence of sizable, sustained effects on important life outcomes.

    Fund and/or conduct rigorous evaluations of programs backed by highly promising (‘middle tier’) evidence, to hopefully move them into the top tier.

    Build the pipeline of promising programs through modest investments in the development and initial testing of many diverse approaches (as part of a ‘lower tier’).

    This is about systematising our use of evidence: a familiar approach in medicine, but one that has not been standard practice for all policymakers.

    It is about producing tangible proof that randomised policy trials improve lives, in that way that we already have tangible proof that randomised medical trials save lives.

    As a specific example of this kind of approach, in the US state of Maryland, a partnership between Arnold Ventures and the state government is already scaling‑up proven programs.

    In August last year, the high‑dosage maths tutoring program for 9th and 10th graders I mentioned earlier (Saga Education) and ASSISTments – an educational tool for mathematics – received scale‑up funding under the US$20 million Maryland Partnership for Proven Programs with Arnold Ventures (Arnold Ventures 2024b).

    In the UK, the development of the What Works Network is a world‑leading achievement which owes credit to the network of evidence‑based policymakers. That includes the extraordinary David Halpern, who will be speaking on the panel shortly (for an excellent snapshot of his recommendations for the coming decade, see Halpern 2023).

    Across health and housing, education and employment, hundreds of UK randomised trials have been conducted. For a practitioner, policymaker or curious member of the British public, it is now easier than ever to see what we know, and what we do not (Leigh 2024a).

    For example, the Education Endowment Foundation has run literally hundreds of randomised trials in the education sector. It uses these findings, alongside rigorous evaluations conducted outside the UK, to advocate for evidence‑based education policies (Education Endowment Foundation n.d.).

    The Education Endowment Foundation has commissioned 316 research projects (208 of which are randomised trials). Sixty per cent of schools in England have taken part in a randomised trial funded by the Foundation. Seventy per cent of school leaders use the Education Endowment Foundation’s teaching and learning toolkit when making their funding decisions on spending for pupils from disadvantaged backgrounds.

    Here in Australia, we are committed to taking a stronger approach towards evidence‑based policymaking.

    In July 2023 we established the Australian Centre for Evaluation in the Department of the Treasury.

    The main role of the centre is to collaborate with other Australian Government departments to conduct rigorous evaluations, including randomised trials. Such agreements have already been forged with federal agencies responsible for employment, health, education and social services.

    Led by Eleanor Williams, armed with a modest budget of A$2 million per year and just over a dozen staff, the Centre operates on smarts and gentle persuasion, not mandates or orders (Leigh 2024b).

    No agency is forced to use the services of the Australian Centre for Evaluation, but all are encouraged to do so. This reflects the reality that evaluation, unlike audit, isn’t something that can be done as an afterthought. A high‑quality impact evaluation needs to be built into the design of a program from the outset (Leigh 2024b).

    The centre takes an active role in considering aspects that are relevant to all evaluations, such as rigorous ethical review and access to administrative microdata. The Australian Bureau of Statistics is playing a pivotal role in brokering access to administrative data for policy experiments.

    Collaboration with evaluation researchers outside of government is critical, too. Thanks to a joint initiative by the Centre and the Australian Education Research Organisation, we now have the Impact Evaluation Practitioners Network, which is bringing together government and external impact evaluators.

    The centre has several randomised trials currently underway, and I await the results with interest.

    In the next month, the centre will release a Randomised Controlled Trial Showcase Report, featuring examples of public policy‑related trials in Australia.

    Another organisation doing extraordinarily thorough research across the whole of social policy and the social sciences is the nonprofit Campbell Collaboration.

    For example, the Campbell Countering Violent Extremism evidence synthesis program is a global research initiative that is attracting attention here in Australia. The program originated from a 5‑country partnership of Australia, Canada, New Zealand, the UK and the US (Campbell Collaboration n.d.). Professor Lorraine Mazerolle from the University of Queensland is one of the principal investigators on the program (Campbell Collaboration n.d.).

    Creating an experimenting society

    Bringing a ‘what works’ philosophy to social policy is vital to helping the most vulnerable.

    And it is by no means a new idea. It follows the path forged by the prominent social scientist Donald Campbell.

    He is of course, the ‘Campbell’ in the Campbell Collaboration, which was named after him to honour his substantial contributions to social science and methodology.

    Over 50 years ago, Dr Campbell wrote Methods for the Experimenting Society, outlining his vision for helping governments to produce better‑informed policies and social interventions via research and evaluation (Campbell 1991).[1]

    In this paper, Campbell forewarns policymakers of the ‘over‑advocacy trap’, where advocates of a new social program or policy make exaggerated claims about its effectiveness in order to get it adopted (Campbell 1991). He effectively highlights the tension between the need for strong advocacy to get social programs funded and adopted, and the need for rigorous evaluation to determine their true effectiveness (Campbell 1991).

    Thirty years after Dr Campbell wrote Methods for the Experimenting Society, the US Department of Education was allocating over a billion US dollars each year to an after‑school program called the 21st Century Community Learning Center initiative.

    The program, which was initiated in 1998, saw children attending the centres for up to 4 hours of after‑school programs, where they partook in everything from tutoring to drama to sports. It attracted high‑profile advocates, including the former Californian governor and Mr Universe, Arnold Schwarzenegger.

    It’s no wonder then, that a randomised trial by Mathematica in 2003 startled everyone with its findings (Haskins 2009). Attending the after‑school program raised a child’s likelihood of being suspended from school (Leigh 2018). And there was no evidence that the after‑school program improved academic outcomes.

    The program’s prominent advocates had fallen head‑first into the over‑advocacy trap.

    Overcoming denial with collaboration and momentum

    American political scientist Ron Haskins commented on how easy it was for Schwarzenegger to flex his celebrity muscle to overcome a negative evaluation. ‘The lesson here, yet again, is that good evidence does not speak for itself in the policy process and is only one – sometimes a rather puny – element in a policy debate’ (Haskins 2009).

    Overcoming denial in the face of irrefutable evidence requires continuous collaboration and sustained momentum. In 2025 and beyond, we will need both to reach the tipping point on the widespread use of rigorous impact evaluation across public policy. It will be harder to run roughshod over good evidence if OECD nations continue to collaborate – both internally with non‑profit researchers outside of government, and externally with other nations.

    Philanthropic foundations in the UK, US and other OECD nations have a strong track record in supporting randomised policy trials. Initiatives such as the Maryland Partnership for Proven Programs and Arnold Ventures, which I mentioned earlier, demonstrate that the ‘what works’ philosophy in social policy is gaining traction.

    Here in Australia, the Paul Ramsay Foundation launched a A$2.1 million open grant round in 2024. Its structure is similar to a successful model that the Laura and John Arnold Foundation has deployed in the United States over the past decade (Leigh 2024c).

    The grants, which last for 3 years and are valued at up to A$300,000 each, will support up to 7 experimental evaluations conducted by non‑profits with a social impact mission. For example, improving education outcomes for young people with disabilities, reducing domestic and family violence, or helping jobless people find work (Paul Ramsay Foundation 2024).

    The Australian Centre for Evaluation supported the open grant round, and is helping to connect grantees with administrative data relevant to the evaluation, and I am excited to see what we learn from these studies (Leigh 2024b).

    One of the most appealing advantages of well‑conducted randomised trials is that they resonate well with 3 democratic principles: non‑arbitrariness, revisability and public justification (Tanasoca and Leigh 2023).

    This gives us good democratic reasons to seek out such evidence for policymaking. Indeed, the more democratic a regime is, the more likely it is to conduct randomised trials (Tanasoca and Leigh 2023).

    Recall the first big public administration reform – the growth of a professionalised civil service – rested on the development of democratic institutions. Nobel laureates Daron Acemoglu and James Robinson call this the ‘red queen effect’, in which societies offering more public goods also need to offer more democratic social power (Acemoglu and Robinson 2019).

    The seventh reform – randomised trials and evidence‑based policymaking – takes us further along the corridor. Things are not true simply because politicians assert them. Policies must be backed by evidence, and citizens must be able to test and trust that evidence.

    Democracies are on this journey together, and international collaboration is vital to reaching the tipping point.

    This is not about the performative use of words like ‘evaluation’ and ‘evidence’. It is about raising the quality and quantity of evidence, which is one reason that I keep referring to randomised trials. I acknowledge the work of the OECD towards achieving the goal of institutionalising rigorous evaluation across public policy areas, as per the OECD Recommendation of the Council on Public Policy Evaluation (OECD 2022).

    The second annual update of the Global Commission on Evidence also confirms the many signs of momentum towards the Commission’s 3 implementation priorities to formalise and strengthen domestic evidence‑support systems, enhance and leverage the global evidence architecture, and put evidence at the centre of everyday life (Global Commission on Evidence 2024).

    Conclusion

    We’re here because we care about good government. And because we understand that evaluation and evidence science are not fields in their infancy.

    Just as we don’t put homeopathy on the same level as science‑based medicine, it is a mistake to think that evidence‑free policy is on a par with evidence‑based policy.

    OECD governments have decades of experience about how to identify evidence gaps, put policies to the test, and implement the most effective programs (Leigh 2024a).

    Policymaking by focus groups and gut‑feel alone is the modern‑day equivalent of bloodletting and lobotomies in medicine (Leigh 2024a). Which is why the seventh big reform to public administration must focus on finding interventions that work. And on building a body of programs backed by strong, replicated randomised trial evidence of important, lasting improvements in people’s lives.

    This goal requires OECD nations to get behind the momentum of the Global Commission on Evidence.

    This will have massive benefits. It will save lives. It will save dollars. And it will make government work better.

    So let’s make it happen.


    My thanks to officials in the Australian Centre for Evaluation for valuable drafting assistance, and to Jon Baron, President and CEO of the Coalition for Evidence‑Based Policy, and David Halpern CBE, President Emeritus at the Behavioural Insights Team, for valuable discussions that helped shape this speech.

    References

    Acemoglu D and Robinson JA (2019) The Narrow Corridor: States, Societies, and the Fate of Liberty, Penguin, New York.

    Arnold Ventures (21 March 2018a) ‘How to solve U.S. social problems when most rigorous program evaluations find disappointing effects (part one in a series)’, Straight Talk on Evidence, accessed 15 January 2025.

    Arnold Ventures (13 April 2018b) ‘How to solve U.S. social problems when most rigorous program evaluations find disappointing effects (part 2 – a proposed solution)’, Straight Talk on Evidence, accessed 15 January 2025.

    Arnold Ventures (18 June 2019) ‘Evidence‑Based Policy ‘Lite’ Won’t Solve U.S. Social Problems: The Case of HHS’s Teen Pregnancy Prevention Program’, Straight Talk on Evidence, accessed 15 January 2025.

    Arnold Ventures (26 October 2022a) ‘Year Up’, Social Programs That Work, accessed 15 January 2025.

    Arnold Ventures (21 March 2022b) ‘Per Scholas Employment/Training Program for Low-Income Workers’, Social Programs That Work, accessed 15 January 2025.

    Arnold Ventures (11 July 2024a) ‘Saga Math Tutoring’, Social Programs That Work, accessed 15 January 2025.

    Arnold Ventures (28 August 2024b) Governor Moore Announces $20 Million in Grants for Education Programs, First Awards Under Maryland Partnership for Proven Programs with Arnold Ventures [media release], Arnold Ventures, accessed 16 January 2025.

    Australian Education Research Organisation (n.d.), About us, Australian Education Research Organisation website, accessed 22 January 2025.

    Brunner R and Lynch A (2017) ‘Adaptive Governance’, Oxford Research Encyclopedia of Climate Science, doi:10.1093/acrefore/9780190228620.013.601.

    Campbell Collaboration (n.d.) Our work, Campbell Collaboration website, accessed 16 January 2025.

    Campbell Collaboration (n.d.) About the CVE programme, Campbell Collaboration website, accessed 21 January 2025.

    Campbell DT (1991) ‘Methods for the Experimenting Society’, Evaluation Practice, 12(3):223–260.

    Education Endowment Foundation (n.d.) How we work, Education Endowment Foundation website, accessed 22 January 2025.

    Global Commission on Evidence to Address Societal Challenges (2024), ‘Global Evidence Commission update 2024: Building momentum in strengthening domestic evidence‑support systems, enhancing the global evidence architecture, and putting evidence at the centre of everyday life’ [PDF 5MB], McMaster Health Forum, Hamilton, accessed 17 January 2025.

    Halpern D (2023) ‘Foreword’, in Sanders M and Breckon J (eds) The What Works Centres: Lessons and Insights from an Evidence Movement, Bristol University Press, Bristol.

    Haskins R (17–18  August 2009) ‘Chapter 3 With a scope so wide: using evidence to innovate, improve, manage, budget’ [roundtablee presentation] Strengthening Evidence‑based Policy in the Australian Federation, Session 1 Evidence‑based policy: Its principles and development Canberra, accessed 16 January 2025.

    Jacobs A (4 April 2024) ‘Glasses Improve Income, Not Just Eyesight’, The New York Times, accessed 15 January 2025.

    Leigh A (2018) Randomistas: How Radical Researchers Changed Our World, Black Inc, Melbourne.

    Leigh A (3 October 2024a) ‘Address to the UK Evaluation Task Force, 9 Downing Street, London’ [presentation], London, accessed 15 January 2025.

    Leigh A (17 June 2024) ‘Address to the Australian Evaluation Showcase, Canberra’ [presentation], Australian Evaluation Showcase, Canberra, accessed 15 January 2025.

    Leigh A (28 November 2024c) ‘Address to 10th Annual Social Impact Measurement Network Australia Awards’ [presentation], 10th Annual Social Impact Measurement Network Australia Awards, Virtual, accessed 17 January 2025.

    OECD (Organisation for Economic Co‑operation and Development) (2022) Recommendation of the Council on Public Policy Evaluation, Adopted on 06/07/2022, OECD Legal Instruments, OECD/LEGAL/0478, accessed 17 January 2025.

    Patrick DL (29 January 2014) Massachusetts Launches Landmark Initiative to Reduce Recidivism Among At‑Risk Youth [media release], Commonwealth of Massachusetts, accessed 14 January 2025.

    Paul Ramsay Foundation (17 June 2024) ‘Experimental evaluation open grant round’, Paul Ramsay Foundation, accessed 17 January 2025.

    Productivity Commission (2020) Indigenous Evaluation Strategy: Background Paper, Australian Government.

    Roca Inc., Commonwealth of Massachusetts, and Third Sector Capital Partners (30 August 2024) Final Report: the Massachusetts Juvenile Justice Pay for Success project, accessed 14 January 2025.

    Sehrin F, Jin L, Naher K, Chandra Das N, Chan VF, Li DF, Bergson S, Gudwin E, Clarke M, Stephan T and Congdon N (2024) ‘The effect on income of providing near vision correction to workers in Bangladesh: The THRIVE (Tradespeople and Hand‑workers Rural Initiative for a Vision‑enhanced Economy) randomized controlled trial’, PLOS ONE, 19(4):e0296115, doi:10.1371/journal.pone.0296115.

    Tanasoca A and Leigh A (2024) ‘The Democratic Virtues of Randomized Trials’, Moral Philosophy and Politics, 22(1):113–140, doi:10.1515/mopp‑2022–0039.

    Winzar C, Tofts‑Len S, Corpu E (2023) Disrupting disadvantage 3: Finding what works, Committee for Economic Development of Australia, Melbourne, accessed 16 January 2025.

    Footnotes

    [1] Campbell’s paper was written around 1971 and used in presentations to the Eastern Psychological Association and the American Psychological Association. It was revised and first published in 1988 (see Campbell 1991).

    MIL OSI News

  • MIL-OSI New Zealand: Great South Road blocked following crash

    Source: New Zealand Police (District News)

    Great South Road is currently blocked near Mcannalley Street following a crash.

    The single-vehicle crash was reported just before 5pm.

    The vehicle has collided with a power pole, causing power lines to fall.

    No injuries have been reported.

    Motorists are advised to avoid the area and expect delays.

    ENDS

    Issued by Police Media Centre

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Sun and celebration at Waitangi 2025

    Source: New Zealand Police (National News)

    Thousands of people descended onto the grounds at Waitangi today for one of the biggest events of the year.

    With no major issues and no arrests made, Police are pleased with the proceedings of Waitangi Day 2025.

    Northland District Prevention Manager, Inspector Dean Robinson, says there was a large turnout of attendees at this morning’s dawn service and other activities throughout the day.

    “It’s been a beautiful day, filled with people from near and far all coming together to commemorate this occasion.

    “We worked closely with iwi, the Waitangi National Trust and the community to ensure this was a safe and enjoyable day for the public.”

    Inspector Robinson says the atmosphere was relaxed and respectful.

    “It was great to see so many people celebrating with whānau and enjoying their time at Waitangi.”

    Waitangi Ltd Chief Executive, Ben Dalton, says the day was filled with people in good spirits.

    “It’s been yet another beautiful Waitangi Day and we are grateful to everyone who came to mark this moment with us.

    “Thank you to everyone who has supported and assisted in making this another successful day for everyone to enjoy.”

    ENDS

    Issued by Police Media Centre

    MIL OSI New Zealand News

  • MIL-OSI Asia-Pac: 2025 Asian Winter Games

    Source: Government of the Republic of Korea

    International Events

    The ninth Asian Winter Games runs from Feb. 7-14 in Harbin, China. Last held in 2017 in Sapporo, Japan, the competition has returned this year with about 1,300 competitors from 34 countries. 

    Korea’s 222-member national team has 148 athletes and 74 coaches and staff in six events: those on ice (figure, short track and speed skating), skiing (alpine, cross country, freestyle and snowboard), biathlon, curling, ice hockey and mountain skiing.

    MIL OSI Asia Pacific News

  • MIL-OSI Australia: MEDIA RELEASE: Unions till the soil for more extreme IR changes

    Source: Australian Mines and Metals Association – AMMA

    Resource sector employers are concerned trade union leaders are building the case for more extreme anti-business industrial relations changes ahead of this year’s federal election.

    The Australian today reports the Australian Council of Trade Unions (ACTU) is lobbying the Albanese Government to ban employers from taking lockout action in response to industrial action by employees.

    “The right to lock out striking employees is very rarely used as it ultimately hurts the business as well as penalises the workforce,” said AREEA Chief Executive Steve Knott AM.

    “But when faced with extreme demands and damaging strikes, it may be the last response action left available to employers within Australia’s IR system.

    “Employers are still reeling from three substantial packages of egregiously pro-union changes to Australia’s IR legislation passed during the Albanese Government’s first term.

    “Unions can now force bargaining on employers without requiring the majority support of the workforce.

    “They are incentivised to draw out disputes beyond nine months so they can get their enterprise agreement terms arbitrated by the Fair Work Commission; and they can threaten and organise strikes in support of multi-employer bargaining campaigns.

    “These are all new features of the IR system that were not announced prior to the Government’s election in 2022 and were passed into law with very limited justification or consultation.

    “We are already seeing a notable increase in industrial disputes. ABS data shows during the Albanese Government’s first term the average number of industrial disputes is up 25% and the average number of working days lost is up 53%, compared to the prior nine years of Coalition Government.

    “Australian employers are facing greater employment costs and complexity than ever before and unprecedented third-party interference in the management of their workforces.

    “Should the Government cede to the ACTU’s demands to limit or reduce lockouts – sometimes the last line of defence for besieged employers – it may as well ask businesses to hand over a blank cheque to militant unions to write their own terms and conditions.”

    Despite the Government’s assurances of no further substantial legislative IR changes, Mr Knott said employers suspected a pipeline of further union demands should the ALP win a second term.

    “Union wish-list items are likely to include non-member union bargaining fees and unfettered rights to strike at any time,” Mr Knott said.

    “It’s also curious the ACTU would go public with this particular IR policy demand just days before the Government is set to be handed its report on the impacts of its first IR legislation amendment package – which included significant overhaul of Australia’s enterprise bargaining laws.

    “These developments have employers very nervous about what the ACTU is planning for a potential second term of the Albanese Government.

    “The Government should take this opportunity to categorically rule out any change to lockout provisions and restate its position on no additional amendments to IR laws.”

    MIL OSI News

  • MIL-OSI Australia: MEDIA RELEASE: Claytons Review on Government IR changes – AREEA

    Source: Australian Mines and Metals Association – AMMA

    Statement by AREEA Chief Executive Officer Steve Knott AM

    As most employers predicted, a Government-appointed evaluation of the Secure Jobs, Better Pay (SJBP) Act has proved yet another “Claytons Review”.

    Today’s draft report of the Secure Jobs, Better Pay Review is essentially an audit of the competing submissions of unions and employer groups, with no meaningful recommendations on the most controversial elements of the SJBP changes.

    It dodges any real criticism of the Albanese Government’s “unions first, employers and employees last” new enterprise bargaining laws.

    For instance, on allowing unions to force employers to bargain for enterprise agreements without having to demonstrate the support of employees, the Review Panel found this was effective to “streamline bargaining and reduce barriers” – while failing to demonstrate how.

    The latest ABS data shows 92.1% of private sector employees are non-union members. Having a bargaining system that preferences union bosses and only 7.9% of private sector employees is nonsensical.

    The Review Panel also rejected the assertion that some unions view the Fair Work Commission’s (FWC) new powers to arbitrate intractable disputes as a bargaining tactic.

    This is at odds with reality as some AREEA members are experiencing absurd logs of claims that employers simply can’t accede to.

    Waiting nine months for an intractable bargaining dispute trigger and facing new agreement terms being arbitrated is problematic enough.

    What makes matters worse, given the Albanese Government’s swathe of appointees who are ex-union officials and/or ALP-aligned labour lawyers, is that the prospect of those at the FWC having former professional links to the union/s involved is very real.

    To deal with this issue the Government should consider barring all tribunal members from hearing matters involving ex-clients or former employers, including unions, for a minimum of five years.

    More broadly, those hoping this review might be the first step to unwinding the most damaging and unproductive elements of the Albanese Government’s first wave of extreme anti-business IR changes will be bitterly disappointed.

    A proper and substantial review in 2026 will undoubtedly produce more evidence on just how bad the SJBP Act’s changes to Australia’s IR laws have been.

    In the meantime, continued declines in productivity and workplace harmony coupled with international competitive pressures and high energy costs will be to the detriment of employers and employees.

    What the nation desperately needs to reignite the economy after three years of Labor’s so-called IR reform, is for a system that encourages employers and employees to work together to their mutual benefit and in the interests of the nation.

    This means unions involved at the behest of employees who choose to be union members – and not under mandated IR laws that put privileges for union officials first.

    MIL OSI News

  • MIL-OSI USA: Senate Commerce Committee Advances Schatz Bipartisan Legislation Targeting Illegal Fishing To Help Expose Foreign, Intentionally Mislabeled Ahi

    US Senate News:

    Source: United States Senator for Hawaii Brian Schatz

    Legislation Now Moves To Full Senate For Consideration

    WASHINGTON – Today, the U.S. Senate Commerce, Science, and Transportation Committee approved the Illegal Red Snapper and Tuna Enforcement Act. The bipartisan bill, authored by U.S. Senator Brian Schatz (D-Hawai‘i), directs the National Institute of Standards and Technology (NIST) and the National Oceanic and Atmospheric Administration (NOAA) to develop a standard methodology for identifying the country of origin of red snapper and certain species of tuna imported into the United States. Senate Commerce Committee Chairman Ted Cruz (R-Texas) co-leads the bill.

    “Seafood that’s caught illegally or intentionally mislabeled rips off consumers and makes it harder for law-abiding U.S. fishermen to compete. Our bill will help fight against anyone who tries to pass off cheap foreign tuna for high-quality ahi from local Hawai‘i fishermen,” said Senator Schatz.

    “The Hawai‘i fishing and seafood industries support Senator Schatz and the Commerce Committee’s legislation to prevent IUU products from entering US seafood markets. US fisheries, including the Hawai‘i Longline fishery, are among the most regulated in the world and we appreciate Congress taking steps to protect domestic fishermen and our markets. Hawai‘i-landed tuna is known for its sustainability and quality and the ability to detect tuna origin to deter seafood fraud is important and we are very appreciative of this effort,” said Mike Goto, Director of the United Fishing Agency.

    Technology exists to chemically test and find the geographic origin of many foods, but not for tuna and red snapper. The legislation aims to develop a field test kit that can be used to accurately ascertain whether fish were caught in U.S. or foreign waters, thus allowing federal and state law enforcement officers to identify the origin of the fish and intercept illegally caught or falsely labelled red snapper and tuna before it enters the U.S. market.

    MIL OSI USA News

  • MIL-OSI: Nokia to modernize Vietnam Air Traffic Management Corporation’s communication network for improved safety

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    Nokia to modernize Vietnam Air Traffic Management Corporation’s communication network for improved safety

    • Vietnam’s Air Traffic Management Corporation (VATM) will use Nokia’s multi-service network solution to upgrade its legacy network systems to enhance the performance and flexibility of its air traffic network.
    • Nokia’s trusted mission-critical Internet Protocol Multi-Protocol Label Switching (IP/MPLS) networking solution will make air traffic management more robust, and Vietnam’s airways safer.
    • Nokia Quantum-Safe Network (QSN)-ready network will provide unparalleled security and reliability to VATM.

    6 February 2025
    Hanoi, Vietnam – Nokia today announced that Vietnam Air Traffic Management Corporation (VATM) will use Nokia’s networking solution to replace the legacy Synchronous Digital Hierarchy (SDH) transport system with IP/MPLS technology to improve security and reliability in the South region of Vietnam. The new advanced transport network will support new-age applications required for operating highly reliable services to serve rapidly growing air traffic in Vietnam.

    The initiative will provide an advanced transmission system to Ho Chi Minh City’s Air Traffic Control Center (ATCC), which will deliver mission critical applications to enhance Air Traffic Control (ATC). The newly upgraded transport network, compliant with the International Civil Aviation Organization’s standard will be operational in the second quarter of 2025.

    Nokia’s solution will provide VATM with advanced network capabilities such as advanced analytics, simplifying operations and improving network performance. The IP/MPLS network also offers increased flexibility and programmability, supporting critical applications that enhance overall air traffic management efficiency and safety. The network will equip VATM with robust security features and the ability to evolve to defend against quantum threats.

    Ho Sy Tung, Deputy General Director at VATM, said: “Air traffic networks need to be exceptionally secure and reliable at all times to ensure the highest standards of safety are met. Nokia comes with extensive experience in air navigation with 20 air traffic control networks deployed worldwide. We are impressed by the quality and performance of Nokia’s IP/MPLS networking solution and are looking forward to the successful completion of this crucial initiative in the coming year.”

    Nguyen Van Nam, General Director at ANSV – Advanced Network System Vietnam, said: “ANSV is proud to be selected as prime contractor for tender package CP-17. Together with other critical systems, we will provide a new Nokia IP/MPLS network replacing the existing SDH networks for air navigation systems.”

    Jonathan Goh, Head of Enterprise Business, Network Infrastructure, Southeast Asia North at Nokia, said: “Our mission-critical network solutions are trusted worldwide, delivering exceptional performance and reliability. With embedded QSN capabilities, Nokia’s IP/MPLS technology will enhance the safety and operational efficiency of Vietnam’s air traffic network. We are honored that VATM has chosen Nokia for this pivotal network transformation, paving the way for safer, more advanced and reliable air traffic management across Vietnam.”

    Resources and additional information
    Product page: 7705 Service Aggregation Router
    Product page: 7750 Service Router
    Product page: 7250 Interconnect Routers
    Product page: Network Services Platform
    Product page: Converged IP/MPLS for Aviation

    About Nokia
    At Nokia, we create technology that helps the world act together. 

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.  

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

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    Nokia Communications, Southeast Asia North
    Email: takayuki.omino@nokia.com

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    The MIL Network

  • MIL-Evening Report: It’s official: Australia’s ocean surface was the hottest on record in 2024

    Source: The Conversation (Au and NZ) – By Moninya Roughan, Professor in Oceanography, UNSW Sydney

    Australia’s sea surface temperatures were the warmest on record last year, according to a snapshot of the nation’s climate which underscores the perilous state of the world’s oceans.

    The Bureau of Meteorology on Thursday released its annual climate statement for 2024 – the official record of temperature, rainfall, water resources, oceans, atmosphere and notable weather.

    Among its many alarming findings were that sea surface temperatures were hotter than ever around the continent last year: a whopping 0.89°C above average.

    Oceans cover more than 70% of Earth’s surface, and their warming is gravely concerning. It causes sea levels to rise, coral to bleach and Earth’s ice sheets to melt faster. Hotter oceans also makes weather on land more extreme and damages the marine life which underpins vital ocean ecosystems.

    What the snapshot showed

    Australia’s climate varies from year to year. That’s due to natural phenomena such as the El Niño and La Niña climate drivers, as well as human-induced climate change.

    The bureau confirmed 2024 was Australia’s second-warmest year since national records began in 1910. The national annual average temperature was 1.46°C warmer than the long-term average (1961–90). Heatwaves struck large parts of Australia early in the year, and from September to December.

    Average rainfall in Australia was 596 millimetres, 28% above the 30-year average, making last year the eighth-wettest since records began.

    And annual sea surface temperatures for the Australian region were the warmest on record. Global sea surface temperatures in 2024 were also the warmest on record.

    According to the bureau, Antarctic sea-ice extent was far below average, or close to record-lows, for much of the year but returned to average in December.

    What caused the hot oceans?

    It’s too early to officially attribute the ocean warming to climate change. But we do know greenhouse gas emissions are heating the Earth’s atmosphere, and oceans absorb 90% of this heat.

    So we can expect human-induced climate change played a big role in warming the oceans last year. But shorter-term forces are at play, too.

    The rare triple-dip La Niña Australia experienced from 2020 to 2023 brought cooler water from deep in the ocean up to the surface. It was like turning on the ocean’s air-conditioner.

    But that pattern ended and Australia entered an El Niño in September 2023. It lasted about seven months, when the oscillation between El Niño and La Niña entered a neutral phase.

    The absence of a La Niña meant cool water was no longer being churned up from the deep. Once that masking effect disappeared, the long-term warming trend of the oceans became apparent once more.

    Water can store a lot more heat than air. In fact, just the top few metres of the ocean store as much heat as Earth’s entire atmosphere. Oceans take a long time to heat up and a long time to cool.

    Heat at the ocean’s surface eventually gets pushed deeper into the water column and spreads across Earth’s surface in currents. The below chart shows how the world’s oceans have heated over the past 70 years.

    Changes in the world’s ocean heat content since 1955.
    NOAA/NCEI World Ocean Database

    Why should we care about ocean warming?

    Rapid warming of Earth’s oceans is setting off a raft of worrying changes.

    It can lead to less nutrients in surface waters, which in turn leads to fewer fish. Warmer water can also cause species to move elsewhere. This threatens the food security and livelihoods of millions of people around the world.

    Just last week, it was reported that tens of thousands of fish died off northwestern Australia due to a large and prolonged marine heatwave.

    Warm water causes coral bleaching, as experienced on the Great Barrier Reef in recent decades. It also makes oceans more acidic, reducing the amount of calcium carbonate available for organisms to build shells and skeletons.

    Warming oceans trigger sea level rise – both due to melt water from glaciers and ice sheets, and the fact seawater expands as it warms.

    Hotter oceans are also linked to weather extremes, such as more intense cyclones and heavier rainfall. It’s likely the high annual rainfall Australia experienced in 2024 was in part due to warmer ocean temperatures.

    What now?

    As long as humans keep burning fossil fuels and pumping greenhouse gases into the atmosphere, the oceans will keep warming.

    Unfortunately, the world is not doing a good job of shifting its emissions trajectory. As the bureau pointed out in its statement, concentrations of all major long-lived greenhouse gases in the atmosphere increased last year, including carbon dioxide and methane.

    Prolonged ocean warming is driving changes in weather patterns and more frequent and intense marine heatwaves. This threatens ecosystems and human livelihoods. To protect our oceans and our way of life, we must transition to clean energy sources and cut carbon emissions.

    At the same time, we must urgently expand ocean observing below the ocean’s surface, especially in under-studied regions, to establish crucial baseline data for measuring climate change impacts.

    The time to act is now: to reduce emissions, support ocean research and help safeguard the future of our blue planet.

    Moninya Roughan receives funding from the Australian Research Council.

    ref. It’s official: Australia’s ocean surface was the hottest on record in 2024 – https://theconversation.com/its-official-australias-ocean-surface-was-the-hottest-on-record-in-2024-249277

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: Mandatory minimum sentencing is proven to be bad policy. It won’t stop hate crimes

    Source: The Conversation (Au and NZ) – By Lorana Bartels, Professor of Criminology, Australian National University

    Shutterstock

    Weeks after Opposition Leader Peter Dutton announced his support for mandatory minimum jail terms for antisemitic offences, the government has legislated such laws. Minister for Home Affairs Tony Burke stated the federal parliament would now be “putting in place the toughest laws against hate speech that Australia has ever had”.

    It follows a concerning recent spate of antisemitic attacks in Australia, including on Jewish places of worship, schools, businesses and homes.

    Last week, a caravan was found on the outskirts of Sydney, filled with explosives and a list of Jewish targets.

    Understandably, there is fear in the Jewish community.

    The government’s decision to pursue mandatory minimum sentencing is contrary the 2023 ALP National Policy Platform stating:

    Labor opposes mandatory sentencing. This practice does not reduce crime but does undermine the independence of the judiciary, leads to unjust outcomes, and is often discriminatory in practice.

    The evidence shows that Labor’s official policy platform is correct. Mandatory minimum sentencing is unlikely to help solve this issue – or any other issue for that matter. It has a poor track record of reducing crime.

    What is mandatory sentencing?

    Australian criminal laws usually set a maximum penalty for an offence. It is then the role of the courts (a judge or magistrate) to set the sentence, up to the maximum penalty.

    This allows the judiciary to exercise discretion in sentencing. It means the courts can take into account a range of relevant factors when determining an appropriate sentence, guided by the sentencing laws in each jurisdiction.

    However, laws that demand a mandatory sentence set a minimum penalty for an offence, thereby significantly reducing the role of judicial discretion.

    Sentencing decisions are made by judges in Australian courts.
    Shutterstock

    Let’s imagine two people are appearing in court, to be sentenced for exactly the same offence.

    Defendant A (Kate) is 18 years old and has pleaded guilty. It is her first offence. She is Aboriginal, a victim of childhood domestic violence and lives on the streets. She has recently started to get help for her mental health problems.

    Defendant B (Jim) is 35. He has a long criminal history, including breaches of bail and parole. He has never been out of prison for more than six months at a time. He has pleaded not guilty and doesn’t think he has done anything wrong.

    The maximum penalty for this offence is five years. Under standard sentencing laws, a judge would usually give different sentences to Kate and Jim, based on their personal circumstances and future prospects. Jim would generally get a more severe sentence than Kate.

    Now, let’s imagine parliament decides to set a mandatory minimum sentence of two years in prison. This means the judge has to send both Kate and Jim to prison for at least two years, despite the differences between them, even if a community-based sentence might be more appropriate for Kate.

    So do mandatory minimum sentences work?

    The main arguments for mandatory sentences are that they:

    • reflect community standards

    • provide consistency

    • avoid judicial leniency, and

    • reduce crime.

    The evidence for each of these is weak.

    A study with members of the Victorian public who had served on juries found strong support for sentencing discretion.

    This is confirmed by recent research from the Queensland Law Reform Commission. It found general support from the public for individualised responses, not an inflexible approach to sentencing.

    Mandatory sentencing yields more consistent outcomes, but denies flexibility in cases where defendants should be treated differently.

    The argument that mandatory sentencing reduces crime is also contested.

    Study after study has shown that harsher penalties do not reduce crime.

    It is uncontested, however, that certainty of detection (whether you’ll get caught) is the primary deterrent factor, not the severity of the sentence (assuming that the perpetrator is aware of it).

    Mandatory sentencing also brings risks

    Let’s review the arguments against mandatory sentencing.

    Firstly, it undermines judicial independence, the separation of powers (between the courts and executive government) and the rule of law: a concept based on fairness in the judicial system.

    Mandatory sentencing also shifts discretion to other, less transparent, parts of the criminal justice system (for example, police and prosecution services), as they frame the charges that will bring defendants to court in the first place.

    Secondly, a guilty plea is a mitigating factor the court considers when sentencing. Mandatory sentencing means there is little incentive for defendants to plead guilty. This increases workloads, delays, costs, and has consequent negative effects for victims.

    In addition, juries may be reluctant to convict if they know the minimum sentence will insist upon a prison term. This can lead to inappropriate not guilty verdicts.

    Undermining the right to a fair trial

    Australia has previously come under fire from the United Nations for its mandatory sentencing laws.

    These requirements are found in the International Covenant on Civil and Political Rights, which entered into force for Australia in 1980.

    Indeed, the Law Council of Australia has suggested mandatory sentencing is inconsistent with the international prohibition against arbitrary detention, and undermines the right to a fair trial, given that such sentences have been somewhat predetermined.

    These laws can also lead to injustice. As the example above shows, mandatory sentencing can impact disproportionately on vulnerable people, such as Indigenous people, and women with disabilities.

    These cohorts are already far more vulnerable than non-Indigenous men (who account for most people who offend).

    Adverse effects on imprisonment rates

    The High Court recently stated that the mandatory minimum sentence will have the effect of lifting sentencing levels generally.

    But the research shows longer prison sentences are much more expensive and less effective than community-based sentencing options in reducing crime.

    Let’s leave the final word on this subject with the Law Council of Australia:

    achieving a just outcome in the particular circumstances of a case, while maintaining consistency across similar cases and with Australia’s human rights obligations, is […] paramount.

    We need effective responses to all forms of racial and religious hatred, including antisemitic hate crimes, but populist, knee-jerk reactions are highly unlikely to make the community safer. Clear-headed thinking will best stand the test of time, not policy developed in anger or fear.

    Lorana Bartels is a Director of the Justice Reform Initiative. She is a supporter of the Jewish Council of Australia. She has received research funding from the ACT, Commonwealth, Queensland, Tasmanian and Victorian governments. She recently undertook a project for the Queensland government, which examined the use of mandatory minimum sentences for murder. She is a member of the Tasmanian Sentencing Advisory Council, which recently completed a project on hate crimes.

    Rick Sarre does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Mandatory minimum sentencing is proven to be bad policy. It won’t stop hate crimes – https://theconversation.com/mandatory-minimum-sentencing-is-proven-to-be-bad-policy-it-wont-stop-hate-crimes-249266

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: Sweeping reform of the electoral laws puts democracy at risk. They shouldn’t be changed on a whim

    Source: The Conversation (Au and NZ) – By Joshua Black, Visitor, School of History, Australian National University

    The Albanese government is trying once more to legislate wide-ranging changes to the way federal elections are administered.

    The 200-page Electoral Reform Bill, if passed, would transform the electoral donation rules by imposing donation and spending caps, increasing public funding, and improving transparency.

    As noble as it sounds, the bill in its current form would undermine Australian democracy by favouring established parties over independent candidates and other new players.

    Competitive disadvantage

    The proposed donation caps are a case in point.

    Donors could give A$20,000 per year, per recipient, to a branch of a party or candidate for electioneering purposes. In practice, that means donors could give no more than $20,000 per year to an independent but could contribute $180,000 to the Labor Party via each of its state and federal branches, or $160,000 to the Liberal Party (which has one less branch than the ALP).

    The donation cap would reset annually and after each federal election, allowing a single donor to give $720,000 to the Labor Party in one election cycle or $640,000 to the Liberals, but no more than $20,000 to an independent who declares their candidacy in the year of an election.

    Avoiding the American road

    There are welcome components in the bill. Faster disclosure and lower donation thresholds would make the system more transparent. Given the large amount of undisclosed funding – “dark money ” – currently propping up political parties, this would be a significant improvement.

    But democracy is not cheap.

    Last year, the Financial Times reported Donald Trump and Kamala Harris spent a combined US$3.5 billion (A$5.6 billion) on their presidential races. This kind of money helps to sustain an American two-party system largely immune to challengers.

    Australian campaigns look nothing like this, but there has been increased interest in the money spent in particular seats in recent years.

    Former Labor minister Kim Carr revealed in his recent book Labor spent $1 million to defeat the Greens in the Melbourne electorate of Batman in 2018, while the LNP reportedly spent $600,000 campaigning to retain the affluent electorate of Fadden in 2023.

    The bill before Parliament would cap election spending at $800,000 in each lower house seat. But the major parties could promote their generic party brand or a frontbench MP (in a seat other than their own) without affecting their capped spending.

    These unfair discrepancies would reward the major parties while kneecapping independents whose first hurdle is to get their name “out there”.

    Haunted by billionaires

    The government argues its bill limits the influence of “big money” in politics, namely mining boss Clive Palmer, who spent $117 million at the last election.

    For the Coalition, it is the community independents and their Climate 200 supporters who represent a kind of money “without precedent in the Australian political system” according to departing MP Paul Fletcher.

    Rather than getting big money out of politics, this bill would make the major parties’ own funding pipelines the only money that matters.

    The bill recognises “nominated entities” whose payments to associated political parties would not be limited by donation caps. Independents would not have this privilege.

    Meanwhile, the long delay before the commencement of the bill in 2026 would give wealthy donors time to get their ducks in order. They could amass their own war chests before the new laws are due to come in to force and then register them as nominated entities at a later date.

    Who pays? The taxpayer, of course!

    Parties and candidates with more than 4% of the primary vote currently receive public election funding. The Hawke government introduced this measure as a “small insurance” against corruption.

    The bill would raise the return to $5 per vote, which would mean an extra $41 million in funding, on top of the $71 million handed over after the 2022 election. Most of this money would go to the major parties.

    The windfall would come with no extra guardrails or guidelines about how those funds could be spent. There are no laws to guarantee truth in political advertising at the federal level. Voters may well be paying for more political advertising that lies to them.

    Closed consultations

    Labor’s current strategy is to seek Coalition support for these changes to the rules of democracy.

    Special Minister of State Don Farrell claims to have consulted widely on the design of the bill, but that came as news to independents David Pocock and Kate Chaney when asked about it last week.

    The government’s haste and secrecy suggest it wants neither the bill nor its motives closely scrutinised.

    Australians care about the quality of their democracy. Polling research by the Australia Institute last November showed four in five Australians expect electoral changes to be reviewed by a multi-party committee.

    That’s what is needed for this bill. To do otherwise would threaten the integrity of Australian elections – or invite a High Court challenge that may overturn the entire system if the court rules freedom of political expression is at stake.

    Democracy matters. The rules must not be changed on a whim.

    Joshua Black is a Postdoctoral Research Fellow at The Australia Institute, and formerly a Palace Letters Fellow at the Whitlam Institute within Western Sydney University.

    ref. Sweeping reform of the electoral laws puts democracy at risk. They shouldn’t be changed on a whim – https://theconversation.com/sweeping-reform-of-the-electoral-laws-puts-democracy-at-risk-they-shouldnt-be-changed-on-a-whim-249144

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI China: Experts: US curb against China to disrupt intl trade order

    Source: China State Council Information Office

    The United States government’s latest move to eliminate a “de minimis” tariff exemption for small packages and low-value items imported from China will disrupt the normal international trade order, wreak havoc in the fast-growing cross-border e-commerce industry, and ultimately hurt the interests of US consumers, said experts and industry insiders on Wednesday.

    They added that in order to mitigate the negative impacts of escalating trade protectionism, China’s cross-border online retailers should strengthen the establishment of overseas warehouses, accelerate the localization of supply chains and operations, and diversify their business layouts in emerging markets.

    Their comments came on the heels of the US decision to halt a trade exemption, known as “de minimis”, that allows exporters to ship packages worth less than $800 into the US duty-free. The decision came as part of the announcement of the imposition of an additional 10 percent tariff on goods from China.

    The US Postal Service said on Tuesday that it had temporarily stopped accepting packages from the Chinese mainland and the Hong Kong Special Administrative Region, a move that may block or delay parcels from Chinese cross-border e-commerce platforms including Shein and PDD Holdings’ Temu, as well as some from Amazon, from entering the US.

    However, the agency said later in a notice that it will resume accepting packages from the Chinese mainland and Hong Kong starting on Wednesday.

    Hong Yong, an associate research fellow at the Chinese Academy of International Trade and Economic Cooperation, said the US protectionist measures against China will not only increase the costs of cross-border transactions and hinder technological advancement and innovation in the global e-commerce landscape, but will also damage the interests of US consumers, especially low-income groups.

    “The elimination of a small-package tax exemption will pose challenges to Chinese cross-border online marketplaces, and force these platforms to adjust pricing strategies and establish more local warehousing and logistics facilities in overseas markets, in order to reduce dependence on cross-border transportation and lower international logistics costs,” Hong said.

    In response to the US Postal Service’s temporary suspension of the acceptance of incoming international parcels from the Chinese mainland and Hong Kong, Foreign Ministry spokesman Lin Jian said at a news conference on Wednesday that the US should stop politicizing and instrumentalizing trade and cracking down on Chinese companies.

    Lin said China will continue to take necessary measures to safeguard the legitimate interests of Chinese enterprises.

    Both Shein and Temu have gained popularity among US consumers, as they offer a wide selection of merchandise, including apparel, consumer electronics, jewelry, shoes, bags and accessories at competitive prices. Most of the products are shipped directly from factories or warehouses in China.

    Zhu Keli, founding director of the China Institute of New Economy, said the US move to contain the rise of Chinese cross-border online retailers will have an adverse impact on the healthy development of the global e-commerce industry, create barriers to the free flow of commodities and services, and violate the basic principles of the market economy, thus “impeding technological progress and industrial upgrading and stunting global economic growth”.

    The “de minimis” provision has existed since the 1930s in the US, but the threshold has increased and its use has come under increasing scrutiny in recent years. The number of shipments entering the US under the exemption has surged more than 600 percent in the past 10 years, according to US Customs and Border Protection.

    Moreover, media reports said that the European Union will increase customs checks on goods shipped directly by e-commerce retailers like Temu and Shein to EU consumers. The new customs guidelines would require these online marketplaces to disclose more information on EU-bound packages in order to track and inspect them more efficiently.

    Zhu said it is of great importance for Chinese cross-border e-commerce platforms to accelerate steps to expand their presence in more diverse markets, while improving the added value of products and the service level, as well as enhancing brand competitiveness globally, amid increasing cost pressures caused by tariff hikes in the US and mounting regulatory challenges in Europe.

    MIL OSI China News

  • MIL-OSI China: Civil aviation industry transports 18.24M passengers

    Source: China State Council Information Office 3

    This photo taken on May 5, 2023 shows a view of the Urumqi Diwopu International Airport, which is undergoing reconstruction and expansion, in Urumqi, northwest China’s Xinjiang Uygur Autonomous Region. [Photo/Xinhua]

    China’s civil aviation industry transported 18.24 million passengers during the eight-day Spring Festival holiday that ended on Tuesday, an increase of 2.9 percent compared to the same period in 2024, the Civil Aviation Administration of China said on Wednesday.

    Some 145,000 flights were operated during the holiday, with a flight punctuality rate of 96 percent, up 3.4 percentage points compared with the flight punctuality rate achieved in the same period last year.

    During the 2025 holiday, the average number of international passenger flights per day reached 1,888 — an increase of 24.6 percent compared to the same period in 2024. This figure is 86.6 percent of the daily average level recorded in 2019.

    The most popular international routes during the 2025 Spring Festival holiday were those connecting China with Japan, Thailand, the Republic of Korea, Malaysia, Singapore and Vietnam.

    MIL OSI China News

  • MIL-OSI China: Action plan 8.0 to inject more vitality into Shanghai

    Source: China State Council Information Office 3

    This aerial photo taken on Sept. 10, 2023 shows a view of Zhangjiang area of the China (Shanghai) Pilot Free Trade Zone in east China’s Shanghai. [Photo/Xinhua]

    The latest business environment improvement action plan released in Shanghai on Wednesday will help the city better address market entities’ needs and inject more vitality into the city’s economic growth, said officials and market experts.

    Their comments were made on Wednesday when the Shanghai municipal government held the business environment improvement work conference for the eighth consecutive year. The latest action plan, which is now in its eighth edition, was released during the conference.

    The plan aims to enhance the sense of gain among enterprises by coming up with 58 detailed measures which are more substantial and down-to-earth, according to Lu Aiguo, head of the business environment construction division at the Shanghai Municipal Development and Reform Commission.

    One focus of the new plan is deepening the reform by aligning with the standards specified in World Bank’s Business Ready evaluation system, said Lu. Ten related reform measures have been rolled out, covering market entry, operational venues, infrastructure, utilities, international trade and market competition, among others.

    As to international trade, Shanghai will expand the benefit scope for controlled and inspected high-tech goods. The import pilot program for research and development as well as testing items should be further optimized. Customs clearance facilitation services will be improved by better implementing reform measures such as multi-modal transport and the application of electronic certificates, according to the new action plan.

    Another 24 measures have been included in action plan 8.0 to optimize the all-round services rendered to companies. On the one hand, more innovative financing products should be introduced, providing continued financing support to small and medium-sized enterprises.

    On the other, more efforts should be made to facilitate the outbound reaches of domestic companies while further opening up the local market. Professional service providers will be supported to set up branches in the markets involved in the Belt and Road Initiative.

    Meanwhile, visas as well as entry and exit services for foreign talent will be more convenient. More foreign-invested projects should be introduced in the city and major foreign-invested projects should be settled at a faster pace, according to the new action plan.

    Japanese carmaker Toyota announced on Wednesday that it has entered into an agreement with the Shanghai government to establish a new wholly-owned company in Jinshan district of Shanghai for the development and production of Lexus electric vehicles and batteries.

    The advanced and mature industrial chains, logistics networks, talent supply and market size in Shanghai and the neighboring cities are the major reasons to land this new project, according to Toyota.

    To improve services provided to companies, efforts will be made to promulgate a negative list for cross-border data flow within the China (Shanghai) Pilot Free Trade Zone, according to the new action plan.

    Companies will be better guided to conduct data export activities in accordance with laws and regulations. This is conducive to companies’ international competitiveness, said Huang Lina, an official from the internet security division at Shanghai Cyberspace Administration.

    The new action plan also includes 14 measures to optimize supervision over companies.

    According to Wu Beibei, deputy director of the laws and regulations division at Shanghai Administration for Market Regulation, the targets, frequency and content of on-site inspections will be reduced to lower the impact on companies. The goal is to lower the number of planned administrative on-site inspections in the next two to three years, she said.

    MIL OSI China News

  • MIL-OSI Asia-Pac: Policy on incorporation of mediation clauses in government contracts takes effect today

    Source: Hong Kong Government special administrative region

    Policy on incorporation of mediation clauses in government contracts takes effect today
    Policy on incorporation of mediation clauses in government contracts takes effect today
    ***************************************************************************************

         The Department of Justice (DoJ) announced that the policy on the incorporation of mediation clauses in government contracts takes effect today (February 6). The mediation clause signifies the parties’ agreement to use mediation to resolve disputes first before resorting to arbitration or litigation.     The Government issued the Policy Statement on the Incorporation of Mediation Clauses in Government Contracts on November 6, 2024. By virtue of the policy statement, the Government will, as a matter of general policy, incorporate a mediation clause in government contracts.     To complement the implementation of the policy, the DoJ today also promulgated “The Government of the Hong Kong Special Administrative Region Mediation Rules (2025 Edition)”, which may be referred to as the “HKSARG Mediation Rules (2025)”. These Rules provide for a set of procedural rules for the conduct of mediation proceedings and are intended to operate together with the mediation clause in government contracts. These Rules shall not affect the operation of “The Government of the Hong Kong Special Administrative Region Construction Mediation Rules (1999 Edition)” promulgated by the then Works Bureau in 1999, as amended by the then Environment, Transport and Works Bureau in 2003.     Further information about the policy, including a sample mediation clause for incorporation in government contracts, is available on the webpage of the DoJ.      A spokesman for the DoJ said, “By taking the lead to incorporate mediation clauses in government contracts, it is hoped that private organisations would be encouraged to make reference to and adopt similar mediation clauses in their contracts, thereby deepening our ‘mediate first’ culture.”

     
    Ends/Thursday, February 6, 2025Issued at HKT 11:05

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI New Zealand: Australia – Mandatory sentencing is not the answer – Law Council

    Source: Law Council of Australia

    The Law Council of Australia is extremely disappointed in the Government’s proposal to impose mandatory sentencing in response to certain hate crimes and a broad range of terrorism offences.

    “The Law Council has been gravely concerned by the recent incidents and acts of antisemitism that have occurred across the country. At the same time, it is vitally important in challenging times to uphold rule of law principles and not adopt measures that risk serious injustice,” Law Council of Australia President, Juliana Warner said.

    “The Government’s amendments to the Criminal Code Amendment (Hate Crimes) Bill 2024 have introduced mandatory minimum sentences for certain hate crimes and terrorism offences. This would mean, for example, a person guilty of public display of prohibited symbols at a political protest would be subject to a mandatory minimum sentence of 12 months imprisonment.

    “Under mandatory sentencing, the personal circumstances of the offender are not taken into consideration. This has the potential to disproportionately impact vulnerable groups.”

    Other elements of the amendments would see minimum sentences of six years imposed in relation to a broad range of terrorism offences. This would include the offence of getting funds to, from or for a terrorist organisation. Financing terrorism offences would be subject to a mandatory minimum sentence of three years.

    “Mandatory sentencing laws are arbitrary and limit the individual’s right to a fair trial by preventing judges from imposing a just penalty based on the unique circumstances of each offence and offender,” Ms Warner said. “Judges are best placed to determine the appropriate and just penalty under these laws on an individual, case-by-case basis.

    “The decision to add mandatory sentencing as part of the Government’s response to hate crimes has come late in the day without proper consideration. Further, the Australian Labor Party has gone against its 2023 National Platform that states Labor opposes mandatory sentencing. To our knowledge, no security or law enforcement agency has asked for these extraordinary measures.

    “There has been no opportunity to scrutinise the rationale, necessity and proportionality of these changes, which comes as part of the Federal Government’s response to a rise in antisemitic incidents and deterioration in social cohesion.

    “Australia is a multicultural society and we must preserve our social cohesion and protect against the specific harms of hateful speech on vulnerable groups. In doing so, we acknowledge the importance of carefully framed criminal laws proscribing speech to prevent radicalisation, violence and activities that incite hatred.

    “However, expanding offences and strengthening penalties should not be seen as the default tool through which to prevent radicalism and extremism from propagating or to facilitate behavioural change of disaffected individuals. There should be greater resourcing for countering violent extremism through early intervention and diversionary programs with a specific focus on children and young people.

    “We are also concerned the new offences contained in the Hate Crimes Bill have the potential to worsen existing uncertainty and inconsistency by piecemeal expansion of Commonwealth criminal offences.

    “Complex and overlapping Commonwealth and state offences are more difficult to enforce and may lead to arbitrary differences in outcome. There is a risk that inconsistent penalties at Commonwealth level will have limited impact on the intended objectives and worsen complexity in this area. Further, overly broad offences may rely on discretion to enforce in circumstances which become politicised.

    “Before we pursue changes to our laws, we must ensure gaps do indeed exist that require a legislative response and consult on proposals to ensure they are the best solution.

    “As debate on the Bill moves through Parliament, the Law Council urges the Senate to ensure proper consideration by, and consultation with, our community before mandatory sentencing legislation is passed.”

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Fatal crash: Helena Bay

    Source: New Zealand Police (National News)

    Police can confirm one person has died following a crash on Kaiikanui Road this morning.

    The crash involved a vehicle and a pedestrian and was reported at about 11:15am.

    Sadly, the pedestrian died at the scene.

    The road has since reopened.

    Enquiries to determine the circumstances of the crash are ongoing.

    ENDS

    Issued by Police Media Centre

    MIL OSI New Zealand News

  • MIL-OSI Economics: Money Market Operations as on February 05, 2025

    Source: Reserve Bank of India


    (Amount in ₹ crore, Rate in Per cent)

      Volume
    (One Leg)
    Weighted
    Average Rate
    Range
    A. Overnight Segment (I+II+III+IV) 5,53,069.97 6.28 3.35-6.75
         I. Call Money 11,104.02 6.46 5.15-6.60
         II. Triparty Repo 3,71,578.05 6.25 6.10-6.40
         III. Market Repo 1,68,446.60 6.34 3.35-6.75
         IV. Repo in Corporate Bond 1,941.30 6.59 6.54-6.70
    B. Term Segment      
         I. Notice Money** 23.00 6.35 6.20-6.40
         II. Term Money@@ 153.30 6.45-7.25
         III. Triparty Repo 2,605.50 6.38 6.35-6.40
         IV. Market Repo 709.42 6.63 6.60-6.65
         V. Repo in Corporate Bond 0.00
      Auction Date Tenor (Days) Maturity Date Amount Current Rate /
    Cut off Rate
    C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
    I. Today’s Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo Wed, 05/02/2025 1 Thu, 06/02/2025 21,180.00 6.51
         (b) Reverse Repo          
    3. MSF# Wed, 05/02/2025 1 Thu, 06/02/2025 408.00 6.75
    4. SDFΔ# Wed, 05/02/2025 1 Thu, 06/02/2025 1,47,577.00 6.25
    5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -1,25,989.00  
    II. Outstanding Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo Fri, 24/01/2025 14 Fri, 07/02/2025 1,62,096.00 6.51
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo          
    3. MSF#          
    4. SDFΔ#          
    D. Standing Liquidity Facility (SLF) Availed from RBI$       8,898.65  
    E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     1,70,994.65  
    F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     45,005.65  
    G. Cash Reserves Position of Scheduled Commercial Banks
         (i) Cash balances with RBI as on February 05, 2025 8,73,788.42  
         (ii) Average daily cash reserve requirement for the fortnight ending February 07, 2025 9,12,544.00  
    H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ February 05, 2025 21,180.00  
    I. Net durable liquidity [surplus (+)/deficit (-)] as on January 10, 2025 -40,102.00  
    @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).
    – Not Applicable / No Transaction.
    ** Relates to uncollateralized transactions of 2 to 14 days tenor.
    @@ Relates to uncollateralized transactions of 15 days to one year tenor.
    $ Includes refinance facilities extended by RBI.
    & As per the Press Release No. 2019-2020/1900 dated February 06, 2020.
    Δ As per the Press Release No. 2022-2023/41 dated April 08, 2022.
    * Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.
    ¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
    # As per the Press Release No. 2023-2024/1548 dated December 27, 2023.
    Ajit Prasad          
    Deputy General Manager
    (Communications)    
    Press Release: 2024-2025/2083

    MIL OSI Economics

  • MIL-OSI United Nations: Reusable rockets, air taxis and ‘autonomous autos’ are the future: WIPO

    Source: United Nations 4

    Economic Development

    Air taxis, “autonomous autos” and reusable rockets are just some of the future transport solutions that inventors all over the world are striving to make a reality, while patents for combustion engines are “flatlining”, the UN intellectual property agency (WIPO) said on Thursday.

    Latest information gleaned from patent filings featuring in WIPO’s Technology Trends report on the Future of Transportation, offers a tempting glimpse of a not-so distant and enticing future where there’s less traffic pollution, fewer snarl-ups and air travel to the other side of the world – made possible in just a few hours.

    Analysis of patents shows that inventors are working hard to ensure that how we get around tomorrow is cleaner and better than today,” maintained WIPO, which said that patent filings for future transportation solutions have grown by 700 per cent over the last two decades, from 15,000 inventions in 2003 to 120,000 in 2023.

    Autonomous ships and smart ports are revolutionizing transportation at sea; electric vehicles, high-speed trains and smart traffic management systems are driving change on land,” WIPO insisted.

    “Vertical take-off and landing aircraft are offering new ways to travel by air, while reusable rockets and satellite technology are pushing what is possible beyond the earth’s atmosphere.”

    Driving this trend is the recognition that transportation accounts for more than one-third of CO2 emissions globally, which has encouraged the development of sustainable technologies that reduce the environmental impact of transportation.

    These include the adoption of electrified propulsion, the shift to renewable energy sources and the promotion of public and shared transport options.

    Digitalization is also revolutionizing the transportation sector, WIPO insists, pointing to the rise of autonomous driving, “which is projected to generate from $300 billion to $400 billion in revenue by 2035”.

    Patently true

    According to the Geneva-based UN agency, intellectual property supports this kind of groundbreaking innovation – such as wireless charging for electric vehicles – by encouraging investment in research and development.

    Competition is fierce as firms jostle for access to rare earth minerals, while AI is also taking centre stage, WIPO says.

    “The report also shows flatlining growth in patenting activity for legacy products like the internal combustion engine and other fossil fuel-based systems” such as catalytic converters, the UN agency noted.

    Its data indicated that more than 1.1 million inventions have reshaped transportation since 2000, introducing the prospect of sustainable alternatives to fossil fuel-based systems such as renewable energy cells, air taxis and self-piloting cargo ships.

    In the driver’s seat of this travel transformation are China, Japan, the US, South Korea and Germany, which represent the world’s top inventors. Land transportation patents dominate global filings, at 3.5 times more than for air, sea and space combined. The US, meanwhile, has filed the most international patents.

    The largest area of growth in patenting is related to sustainable propulsion – such as batteries for electric vehicles or hydrogen fuel cells – which represent efforts to ensure that people and goods are moved around in a “cleaner, more climate-friendly fashion”.

    Experts with an eye on imaginative transport solutions for the future say that AI is also poised to play a key role. They point to the rise of autonomous driving, although infrastructure has not adapted swiftly enough for such vehicles to take over, the WIPO report notes.

    Drone dilemma

    The scarcity of minerals, meanwhile, will determine whether the world can massively adopt electric cars – vehicles that report co-author Christopher Harrison says may not be miracle solutions for private owners.

    “Having these rare and limited raw earth minerals in an electric vehicle for personal use that’s been utilized only a few per cent of the day is not an effective use of those tools,” he told journalists.

    In the air sector, drones will continue their sky-high ascension.

    I would not like to look up at a sky full of drones delivering pizzas or a pair of gloves to my house and causing visual and noise pollution,” said Robert Garbett, the founder of Drone Major Group, cited in the WIPO report.

    “If a delivery is to a remote location that is really hard to get to, people will be more likely to accept it as a beneficial solution,” he added, citing emergency medicine as an example.

    According to WIPO, transport patent growth in China has been strong given its recent dominance of the electric vehicle market. But other countries have also contributed with strong patent filings activity including Sweden, Italy, India and Canada.

    MIL OSI United Nations News

  • MIL-Evening Report: Actor David Tennant has an extra toe. Two anatomists explain what’s so fascinating about polydactyly

    Source: The Conversation (Au and NZ) – By Amanda Meyer, Senior Lecturer, Anatomy and Pathology, James Cook University

    A common anatomical variation is being born with more than ten fingers or more than ten toes.

    Former Doctor Who actor David Tennant this week confirmed he has 11 toes. He says he was born with an extra toe on his right foot, meaning he has polydactyly.

    Here’s how this anatomical variation occurs, and how common it really is.

    Let’s start in the womb

    The term polydactyly is derived from the Greek poly (meaning many) and dactyly (referring to fingers or toes or digits). To understand it, we need to start with how an embryo develops in the womb.

    Developing hands and feet start as limb buds, which look like little flat paddles. But with polydactyly, an extra finger or toe grows from the limb bud.

    Based on the research literature, about one in 700–1,000 people born have polydactyly. Having an extra finger on the side of your little finger or having an extra toe on the side of your little toe is the most common form.

    If the extra digit doesn’t have bone, or has poor muscle connections to the hand or foot, it won’t work. So it is usually cut off or tied off with a suture (specialised medical string) straight after you are born.

    This newborn baby has one of the most common form of polydactyly – an extra little finger.
    Sergey Novikov/Shutterstock

    Less commonly, people are born with double thumb tips or an extra thumb. Seeing as we use our thumbs so often, an orthopaedic surgeon may need to remove the extra bones to improve use of the thumb.

    The rarest type of polydactyly affects the fourth finger (ring finger) or the second toe (next to your big toe).

    Does it run in families?

    Ten known syndromes (groups of associated symptoms) are linked to polydactyly: Bardet-Biedl, McKusick-Kaufman, Carpenter, Saethre-Chotzen, Poland, Greig cephalosyndactyly, short-rib, Pallister-Hall, Triphalangeal thumb and Smith-Lemli-Opitz. Many of these are rare syndromes people are born with, usually affect the head and upper limbs, and will have been diagnosed by a paediatrician early in life.

    If you have polydactyly and you don’t have one of those syndromes, it means you inherited a dominant mutated gene from your ancestors. In other words, one of your parents would have passed this on to you when you were conceived.

    Tennant does not appear to have any of these syndromes. So we can probably presume he inherited a mutated copy of a gene related to his polydactyly from one of his parents.

    How about webbed fingers and toes?

    Another common anatomical variation is when people have fused or “webbed” fingers or toes, known as syndactyly. This term comes from syn (meaning together with) and dactyly (referring to fingers or toes).

    Syndactyly also arises in the womb. When individual fingers and toes develop from the paddle-like limb buds, cells in between the growing fingers and toes have to die and disappear. But if the cells don’t die and disappear, they can cause webbing or fusing.

    This child has webbed or fused fingers, known as syndactyly.
    JorgeMRodrigues/Shutterstock

    Based on the medical literature, about one in 2,000–3,000 people born have syndactyly. So it’s about three times less common than polydactyly.

    There are nine different types of syndactyly, and 11 syndromes associated with it. Eight of the syndromes are also associated with polydactyly. The other three are Apert and Pfeiffer syndromes, and acrocephalosyndactyly.

    For most types of syndactyly you only have to inherit one mutated copy of the gene from one parent to get the variation.

    American actor Ashton Kutcher looks to have syndactyly, with his skin fused to the first joint between his second and third toes.

    In a nutshell

    You might be surprised how common anatomical variations are in your fingers and toes, whether that’s having an extra digit, like Tennant, or fused ones, like Kutcher.

    But these are just a few examples of the rich diversity of variation in our anatomy, some of which are visible, some not.




    Read more:
    A man lived to old age without knowing he may have had 3 penises


    Amanda Meyer is affiliated with the Australian and New Zealand Association of Clinical Anatomists, the American Association for Anatomy, and the Global Neuroanatomy Network.

    Alexandra Trollope does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Actor David Tennant has an extra toe. Two anatomists explain what’s so fascinating about polydactyly – https://theconversation.com/actor-david-tennant-has-an-extra-toe-two-anatomists-explain-whats-so-fascinating-about-polydactyly-249139

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI China: Domestic tourist attractions big draw during 8-day break

    Source: China State Council Information Office 2

    Tourists are seen on the Duanqiao Bridge, or the Broken Bridge in the West Lake scenic area during the Spring Festival holiday in Hangzhou, east China’s Zhejiang Province, Feb. 3, 2025. [Photo/Xinhua]
    China’s domestic tourist attractions recorded more than 500 million visits during the just-concluded Spring Festival holiday, demonstrating the strong consumption power of the Chinese people at home and abroad.
    Destinations featuring snowy views or Chinese cultural vibes proved to be especially popular during the holiday period, which was the first Spring Festival celebrated after the event was added to UNESCO Intangible Cultural Heritage list in December.
    Figures released on Wednesday by the Ministry of Culture and Tourism show that during the eight-day break from Jan 28 to Tuesday, trips to domestic tourist attractions increased 5.9 percent year-on-year to around 501 million visits.
    Tourism-related expenditures during the holiday reached more than 677 billion yuan ($93.1 billion), up 7 percent year-on-year, according to the ministry’s statistics.
    Spring Festival, the first day of the first month of the Chinese calendar, fell on Jan 29 this year and marked the beginning of the Year of the Snake.
    The ministry said that destinations highlighting folk performances or nighttime amusement events, including lantern shows in the provinces of Anhui and Sichuan, and fireworks shows in Hunan province, were favored by travelers seeking an immersive Chinese cultural experience and a festive atmosphere. Museums were also popular during the holiday.
    Li Jianhua, a 50-year-old resident of Hebei province, spent the holiday in Datong, Shanxi province. The city is known for its historical architecture, well-preserved ancient towns and Buddhist grottoes.
    “I went to the city in October for the first time and went again for Spring Festival,” Li said. “I’ve watched many creative or classic lanterns from the well-protected city walls, which were breathtaking. The traditional cultural vibes hit me. I also bought some cultural and creative products as souvenirs.”
    According to the ministry, destinations with snow views or winter sports activities in the Xinjiang Uygur autonomous region and in northeastern provinces such as Heilongjiang and Jilin were also top choices for holiday travelers.
    Figures from travel agencies showed the popularity of winter tourism during the holiday.
    Travel portal Tuniu said domestic winter tourism was at its peak from early January to the Spring Festival holiday, and travelers living in southern or eastern provinces with milder climates such as Guangdong and Fujian have stronger interest in experiencing “freezing trips”.
    Tuniu said that destinations in northeastern provinces, including Heilongjiang’s Harbin — recognized as China’s winter fairyland — and Mohe, China’s northernmost city, and Changchun in Jilin were among the top destinations for winter attraction enthusiasts over the holiday.
    For overseas traveling, Japan, Thailand, the Maldives and Indonesia remained popular for Chinese people during the long holiday because of their relatively close proximities, friendlier visa policies and lower travel costs, according to Tuniu.
    In addition, both the culture and tourism ministry and travel agencies noticed that the traditional celebrations and cultural vibes of Spring Festival have increased China’s attractiveness to international travelers over the holiday who were interested in experiencing intangible cultural events such as temple fairs, lantern shows and operas.
    Online travel agency Trip.com Group said that most of the inbound international travelers during Spring Festival were from South Korea, the United States, Malaysia and Singapore. They chose Shenzhen and Guangzhou in Guangdong province, as well as Shanghai and Beijing, to experience the bustling holiday.
    It added that ticket bookings for events focusing on intangible cultural programs surged more than sevenfold on the overseas version of its platform during the holiday.

    MIL OSI China News