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Category: Australia

  • MIL-OSI United Kingdom: Home Building Fund — The PG Group

    Source: United Kingdom – Government Statements

    Case study

    Home Building Fund — The PG Group

    A development loan from Homes England helped The PG Group transform a derelict site in Bristol into a vibrant new neighbourhood

    The Carriageworks is a landmark brownfield site in Bristol which has been derelict for the past 30 years. A listed building, it was originally a Victorian commercial building used for the manufacture of horse drawn carriages. Having acquired the site in 2017, the PG Group proposed a place making scheme of apartments and retail units at the site in central Stokes Croft.

    However, the group encountered numerous challenges in bringing the site forward, with rising construction costs, complex planning negotiations, contractor availability, high levels of remediation and a lack of funding options available in the market.

    This is where Homes England stepped in, approving an initial loan to fund the development of 124 new homes and retail commercial units on the ground floor.

    Assisted by close communication with the local community throughout the process, the scheme has proved an unqualified success, with all homes sold and the market square providing Stokes Croft with a new focal point.

    Stuart Gaiger, Managing Director at PG Group, said:

    The Carriageworks has been one of the most technically challenging sites that the PG Group has undertaken. Combining difficult ground conditions, an ambitious scheme delivering residential accommodation and a strong placemaking theme, all delivered on a brownfield site in Bristol’s busy city centre.

    Given the challenges we faced, we were delighted be able to work with the team at Homes England who rapidly became valued partners. Their unique approach allowed us to deliver much needed residential, affordable housing and the community vision for placemaking aspects of the scheme.

    In addition, through support from Homes England we were able to more than treble the number of affordable homes on the site.

    More information about the Home Building Fund can be found on our Home Building Fund — development finance page, or you can get in touch with one of our regional specialists. You can:

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Home Building Fund — V&A Homes

    Source: United Kingdom – Government Statements

    Case study

    Home Building Fund — V&A Homes

    Watch our film to find out how our funding helped a regional housebuilder to deliver an outstanding waterfront scheme.

    V&A Homes Yorkshire Ltd

    V&A homes is a family-run SME developer based in Harrogate, North Yorkshire. Waterside, a stunning nine-home scheme overlooking the River Nidd, was their second Homes England-supported development. 

    The brownfield site, a former abattoir, is located on a steep waterside location which required complex groundworks to complete the build. Homes England worked closely with the team at all stages to provide both financial and specialist support. 

    Today all three townhouses and six semi-detached homes are occupied, with residents benefitting from spectacular views and outstanding design.    

    Following the success of Waterside, V&A homes is now completing a scheme of homes opposite Thirsk Racecourse and are working on their next scheme which will deliver 60 new homes in Sharow near Ripon. 

    Victoria Denman, Managing Director of V&A Homes said:

    We first worked with Homes England after agreeing a land deal to bring our first development to market. From the outset I found the experience of working with the team extremely supportive. I was guided with care and consideration through the process and given reassurance at all stages. We are now working on a scheme which will deliver 60 homes – our biggest project to date. We wouldn’t have grown as we have without the great partnership we have developed with the agency.

    More information about the Home Building Fund can be found on our Home Building Fund — development finance page, or you can get in touch with one of our regional specialists. You can:

    MIL OSI United Kingdom –

  • MIL-OSI: CoinShares Announces Executive Change

    Source: GlobeNewswire (MIL-OSI)

    April 9, 2025 | SAINT HELIER, Jersey | CoinShares International Limited (“CoinShares” or “the Group”) (Nasdaq Stockholm: CS; US OTCQX: CNSRF), a leading global investment company specialising in digital assets, today announced the departure of Frank Spiteri, Head of Asset Management, and member of the executive committee, from the Group.

    CoinShares’ strong existing team will continue to uphold the high standards that clients and partners have come to expect under the leadership of its executive committee. 

    As part of Mr. Spiteri’s departure arrangements, the Company confirms the following:

    1. Termination of Options: the Company will repurchase 1,019,995 vested stock options previously issued to Mr. Spiteri under the Company’s employee incentive program and such stock options will be cancelled following completion of the transaction outside the market.
    2. Share Repurchase: The Company has entered into an agreement to buy back 435,500 ordinary shares from Mr. Spiteri and his related parties. This repurchase will be executed as a block transaction.
    3. Both transactions were concluded at an average consideration per share of  66.42 SEK

    Each of the transactions have been approved by the Board of Directors and are in compliance with applicable securities regulations.

    CoinShares remains focused on delivering its strategic roadmap and continuing to offer further value to its investors, partners, and shareholders.

    About CoinShares

    CoinShares is a leading global digital asset manager that delivers a broad range of financial services across investment management, trading and securities to a wide array of clients that includes corporations, financial institutions and individuals. Founded in 2013, the firm is headquartered in Jersey, with offices in France, Stockholm, the UK, and the US. CoinShares is regulated in Jersey by the Jersey Financial Services Commission, in France by the Autorité des marchés financiers, in the US by the Financial Industry Regulatory Authority. CoinShares is publicly listed on the Nasdaq Stockholm under the ticker CS and the OTCQX under the ticker CNSRF.

    For more information on CoinShares, please visit: https://coinshares.com
    Company  | +44 (0)1534 513 100 | enquiries@coinshares.com
    Investor Relations | +44 (0)1534 513 100 | enquiries@coinshares.com 

    PRESS CONTACT

    CoinShares
    Benoît Pellevoizin
    bpellevoizin@coinshares.com

    M Group Strategic Communications
    Peter Padovano
    coinshares@mgroupsc.com

    The MIL Network –

  • MIL-OSI United Kingdom: New Chief Scientific Adviser appointed

    Source: United Kingdom – Executive Government & Departments

    News story

    New Chief Scientific Adviser appointed

    Professor Anjali Goswami becomes Defra’s new Chief Scientist

    Professor Anjali Goswami has been appointed as the new Chief Scientific Adviser at the Department for Environment, Food and Rural Affairs. 

    Professor Goswami, who is currently a Research Leader in Evolutionary Biology at the Natural History Museum, will join the department from 1 July 2025. She will succeed Professor Gideon Henderson, who is leaving Defra after six years in the role. 

    Professor Goswami is a celebrated scientist who has served as President of the Linnean Society of London and is a Fellow of the Royal Society. In addition to her academic achievements, she has authored a children’s book on palaeontology and received numerous prestigious awards, including the Zoological Society of London Scientific Medal, the Palaeontological Association President’s Medal, and the Humanists UK Darwin Day Medal. 

    Defra Permanent Secretary, Tamara Finkelstein said: 

    “World-leading science is fundamental to the research and development which underpins this department’s diverse responsibilities. I offer my sincere thanks to Gideon for his dedication and drive throughout his time at Defra for his scientific leadership and his wider leadership of the department.  He has been an inspiring colleague bringing his values and commitment to innovation to bear to the benefit of citizens.

    “Professor Goswami brings a wealth of knowledge and expertise from her career in academia and at the Natural History Museum. I am delighted to have her as part of the Defra leadership team, providing her science expertise both in Defra and the wider government scientific community.” 

    Secretary of State for Environment, Food and Rural Affairs, Steve Reed said: 

    “I would like to thank Professor Henderson for his exceptional leadership and expert insight as Chief Scientific Adviser. 

    “Supporting nature’s recovery, protecting people and animals from disease outbreaks, strengthening food security – all our key areas of focus rely on the world-class advice of our scientists. I welcome Professor Goswami and look forward to working with her as this government secures Britain’s future under the Plan for Change.” 

    Professor Anjali Goswami said: 

    “I am delighted to be joining Defra at this critical time for the UK and the planet. 

    “The UK public is rightly concerned about the impacts of environmental degradation and climate change, which are increasingly evident in our everyday lives.  Fortunately, there is immense scientific innovation that can support Defra’s mission, from cleaning our waterways and restoring nature to improving the resilience of our rural communities and our food supply to global change.   

    “I look forward to joining the Defra team and ensuring that the most cutting-edge scientific understanding is being harnessed to meet the complex challenges we face and deliver for the UK public.”  

    Current Defra Chief Scientific Adviser, Professor Gideon Henderson said: 

    “It’s been a challenging but hugely enjoyable privilege to be the Chief Scientific Advisor at Defra for the last six years. 

    “The department can be proud of the way it values science and scientists as it cares for the air, water, food and natural environment that we all rely on.  I will miss working with passionate colleagues who make sure Defra’s wide range work is always informed by up-to-date and accurate science and analysis.   

    “I am pleased to hand over to Anjali who will be a great leader of Defra’s scientific community.  She will bring a wealth of knowledge and insight and I’m confident will continue to put science and analysis at the heart of Defra’s work.” 

    Professor Anjali Goswami Biography 

    • Professor Anjali Goswami is a Research Leader in Evolutionary Biology at the Natural History Museum and President of the Linnean Society of London. Her previous roles include Dean of Postgraduate Education at the Natural History Museum and Professor of Palaeobiology at UCL. 

    • Her research focuses on vertebrate evolution and development, with a focus on using mathematical approaches to understand the impact of life history and environmental change on biodiversity. 

    • Professor Goswami was elected to the fellowship of the Royal Society of London in 2024 and has been awarded the Linnean Society Bicentenary Medal, the Zoological Society of London Scientific Medal, the Hind Rattan Award, the Society of Vertebrate Paleontology Robert L. Carroll award, the Palaeontological Association President’s Medal, and the Humanists UK Darwin Day Medal. 

    Notes to editors 

    • The Defra Chief Scientific Adviser is responsible for overseeing the quality of evidence that the Department relies on for policy decisions, providing ministers with scientific advice and setting the priorities for scientific research and evidence-gathering.

    Updates to this page

    Published 9 April 2025

    MIL OSI United Kingdom –

  • MIL-OSI Global: The ‘morning shed’: a brief history of the sometimes dangerous lengths women have gone to look beautiful

    Source: The Conversation – UK – By Louise N Hanson, PhD in Social and Developmental psychology, Durham University

    An advert for the tape worm pills.

    In TikTok’s latest viral beauty trend “the morning shed,” beauty influencers “shed” hair and skin products that have been worn overnight. These include hair styling items, skin masks and creams, and physical products such as chin straps and mouth tape, which are intended to help with breathing through the night and keep away the drooping of the jaw that happens with age.

    While this trend has come under fire for alleged unsustainability and over-consumerism, it is only the latest beauty fad in a long line of time and money consuming “hacks” that women have been undertaking for centuries. From tapeworms to tuberculosis, women have taken part in a laundry list of beauty hacks in order to meet appearance ideals, many of which have been dangerous, painful and even deadly.

    As far back as the ancient Egyptians, women ground up toxic substances to make eyeliner and eye shadow. These were dangerous when inhaled as a powder (such as during the grinding process) and could cause irritation of the skin when applied. And yet somehow, heavy metal poisoning is among the least dangerous of these historic beauty trends.

    Ready to make a change? The Quarter Life Glow-up is a new, six-week newsletter course from The Conversation’s UK and Canada editions. Every week, we’ll bring you research-backed advice and tools to help improve your relationships, your career, your free time and your mental health – no supplements or skincare required. Sign up here to start your glow-up at any time.

    In China, foot binding is an example of a painful and life altering treatment first recorded around the 10th century. The feet were usually bound before the arch of the foot had developed (aged four to nine).

    The process involved forcefully curling the toes towards the sole of the foot until the arch broke then the foot would be tightly bandaged to keep it in this position. Small feel were coveted at the time. Thankfully, this practice was banned in the early 1900s after almost 200 years of opposition from both Chinese and western sources.

    A Chinese woman with bound feet.
    Wikimedia, CC BY-SA

    In Europe, the Renaissance period saw a new wave of beauty hacks, from arsenic baths (which bleach the skin to a near translucent white) to Belladonna drops (literal poison) used on the eyes to induce an aroused or watery-eyed look. Many women who used these tactics ended up poisoned or blind.

    During the reign of Elizabeth I, the “English rose” look was all the rage. Women would blood let for a perfectly pale pallor, or paint their faces with “Venetian ceruse” or “Venetian white” – otherwise known as lead paint. The use of Venetian ceruse is one of the suspected causes of death of Elizabeth I.

    In the Victorian era and early 1900s, women often engaged in dangerous practices to achieve the coveted pale skin, red lip and small waist that was the height of fashion. This aesthetic could be achieved by contracting tuberculosis (a lung infection that was often fatal), taking tapeworm pills, consuming mercury to look forever young, or chewing arsenic wafers to make skin pale.

    My own research has shown that sociocultural pressures to look a certain way are experienced differently across the world. I found that white western women experience some of the highest appearance pressures, followed by east Asian women. Although these decline a little with age for white western women, they persist in Asian women and never reach the lower levels seen elsewhere. I found the lowest levels of sociocultural pressure and the highest levels of body appreciation in Nigeria.

    As the “morning shed” proves, women still go to great lengths to meet culturally shaped standards, particularly under conditions of higher economic inequality – something that is getting worse in many countries. For example, in the United States, cities which have higher economic inequality see higher spend on beauty products and services, such as beauty salons or women’s clothing.

    With the advent of social media, especially short-form content like TikTok, Reels and YouTube Shorts, the speed at which beauty trends rise and fall has been expedited and globalised. These trends range from the painful lip suction women undertook to get big lips like the celebrity Kylie Jenner, to the normalisation of botox and fillers, to laser hair removal of every unwanted follicle.

    The “morning shed” is just the latest evolution in skin care trends, which started as health-focused, with an emphasis on sun protection and moisturisation. It has since morphed into a study in over-consumption and over-commitment of time and money in the pursuit of staying ever youthful.

    Louise N Hanson 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. The ‘morning shed’: a brief history of the sometimes dangerous lengths women have gone to look beautiful – https://theconversation.com/the-morning-shed-a-brief-history-of-the-sometimes-dangerous-lengths-women-have-gone-to-look-beautiful-253921

    MIL OSI – Global Reports –

  • MIL-OSI China: Global markets crash on tariff fears

    Source: China State Council Information Office 3

    Traders work on the floor of the New York Stock Exchange in New York, the United States, April 3, 2025. [Photo/Xinhua]

    Major stock indexes across the globe plunged sharply on Monday, as investors dumped riskier assets amid mounting fears over U.S. President Donald Trump’s sweeping tariffs.

    Panic sentiments took hold of the market once trading opened in the morning. The day of April 7, with similarities to the 1987 stock market crash, is being seen as another “Black Monday” by analysts and the media.

    Washington’s controversial new set of tariffs has stirred tensions since its announcement on Wednesday, hitting global markets hard, sparking backlash from other countries and drawing widespread criticism from economists and investors.

    Global turbulence 

    Major markets across the globe witnessed a turbulent day.

    Three major benchmarks of the U.S. stock market met with major setbacks on Monday.

    The S&P 500 Index, which is composed of 500 leading companies listed in the United States, dived as much as 21.41 percent from its record high on Feb. 19 and entered the technical territory of the bear market in the morning session.

    As of 9:40 a.m. Eastern time (1340 GMT), the Dow Jones Industrial Average lost 2.63 percent, the S&P 500 shed 3.14 percent, and the Nasdaq Composite Index dropped by 3.85 percent.

    Later, false reports that the White House would pause most of Trump’s tariffs for 90 days had pumped up the market, leading to a sudden surge. However, as the White House denied the news, the market declined again. The up and down within hours indicate how desperate investors were for any potential relief from the tariffs.

    All the leading European benchmark indexes opened in the red on Monday, down by 4 to 7 percent compared with the closing prices on the previous trading day.

    Britain’s blue-chip stock index, the FTSE 100, dropped by about 5 percent, France’s CAC 40 went down by over 5 percent, and the pan-European STOXX 600 index dropped over 6 percent in morning trade.

    Germany’s DAX index was among the hardest-hit, opening down by 9.5 percent before paring back part of the losses later in the morning. The significant gains since the beginning of the year have thus been almost completely wiped out.

    The S&P/ASX 200 — Australia’s benchmark share market index — closed down 4.2 percent on Monday in a plunge worth more than 100 billion Australian dollars (60.1 billion U.S. dollars). The Australian Broadcasting Corporation reported that it was the index’s biggest one-day fall since May 2020.

    Singapore’s Straits Times Index on Monday plunged by 8.7 percent at the open. The sharp drop marked the index’s steepest single-day decline since an 8.9 percent plunge during the 2008 global financial crisis, and exceeded the 8.4 percent fall seen in March 2020 amid COVID-19.

    A pedestrian passes a screen showing stock market information in Tokyo, Japan, April 7, 2025. [Photo/Xinhua]

    Fear and fury 

    The aggressive tariffs that triggered the global stock market plunge have drawn widespread criticism of the U.S. government, amid fear and fury across the globe.

    Trump’s tariffs have a shocking effect on stock markets, Gilles Moec, chief economist at AXA Group, told Les Echos, a French economy-specialized daily.

    “This shock has no real precedent in history, which amplifies market volatility because investors have no point of reference,” he said.

    Moec noted that the current damage to global stock markets is “entirely self-inflicted by the U.S. authorities,” unlike past stock market crises which were reflections of then macroeconomic situations.

    Richard Branson, British entrepreneur and co-founder of Virgin Group, said it is time for Washington to change course. “Otherwise, America will face ruin for years to come,” he warned.

    Branson noted that companies should be given enough time to adapt, and the current market response is preventable.

    Hasan Tevfik, a research analyst at advisory firm MST Marquee, also warned of severe consequences for the U.S. economy.

    “The U.S. economy has endured a barrage of headwinds, all self-inflicted, and the end consequence will be a contraction in the economy that was humming along, exceptionally, over the last couple of years,” he told the Australian Financial Review newspaper.

    This photo taken on April 7, 2025 shows a screen at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea. [Photo/Xinhua]

    Independent Australian economist Saul Eslake noted the uncertainty surrounding Trump’s next decisions and what he called the “madness” of the White House. He warned that the impact on the Australian economy was likely to be worse than the Treasury’s forecast that the country is well-placed to avoid a recession despite the “damage” being done by the U.S. tariffs.

    Doom and gloom 

    Investors have lost trillions of dollars since the tariff announcement on Wednesday. Recession odds are rising, and massive trade wars are looming. With no constructive response in sight, market confidence has been severely hit.

    DBS economists in a weekly review released on Monday noted that global markets and economies are still struggling to absorb the seismic tariff shock, with risk aversion and market selloff.

    “The key reason for that is that despite the spate of announcements, there is still substantial fear that more measures are to come. Perhaps more critical is the notion that nations trying to do a deal with the U.S. will not be able to rest easy upon signing agreements, as no deal with the U.S. seems to be reliable any longer,” wrote DBS economists Taimur Baig and Radhika Rao.

    David Gerald, president of the Securities Investors Association (Singapore), told The Straits Times, “If tariffs are sustained, they could contribute to higher inflation and slower global growth, which may in turn trigger further volatility and potential sell-offs in markets globally, including Singapore.”

    Germany’s Friedrich Merz, who is expected to become the next chancellor, also fears that U.S. trade policy could further escalate the turmoil in global stock markets. “The situation on international equity and bond markets is dramatic and threatens to worsen further.”

    JPMorgan Chase CEO Jamie Dimon warned on Monday, “The recent tariffs will likely increase inflation and are causing many to consider a greater probability of a recession.”

    MIL OSI China News –

  • MIL-OSI Australia: Large Crocodile captured near Proserpine boat ramp

    Source: Tasmania Police

    Issued: 7 Apr 2025

    A 4.5m estuarine crocodile has been captured in a baited trap near the Proserpine River boat ramp at Conway on the Proserpine River in north Queensland.

    The large male crocodile had been sighted in very close proximity to the boat ramp and pontoon, and given its size, concerning behaviour and increased risk to public safety, it was declared for removal from the wild under the Queensland Crocodile Management Plan (QCMP).

    Rangers set a baited trap on Friday 4 April 2025, and it was captured during the early hours of Saturday 5 April 2025. It will be rehomed at a crocodile farm or zoo.

    During assessments of the location prior to the animal being declared for removal, Wildlife Rangers from the Department of the Environment, Tourism, Science and Innovation (DETSI) found discarded fish frames that had been left at the boat ramp.

    Members of the public have also reported entire pig carcasses being tied at the boat ramp.

    Acting Manager Northern Wildlife and Threatened Species Operations, Jane Burns said it is likely the pig carcasses had been left at the boat ramp in a deliberate attempt to lure the animal.

    “Deliberate or inadvertent feeding of crocodiles at boat ramps or fishing locations can change their behaviour, and they will hang around an area expecting food,” Ms Burns said.

    “Crocodiles do not need to be fed, and tourists and people living in crocodile habitat should make sensible choices around the water to prioritise their safety and to help prevent crocodiles being removed from the wild.

    “Under the Nature Conservation (Estuarine Crocodile) Conservation Plan 2018, it is an offence to deliberately discard fish frames or pig carcasses that may attract crocodiles,

    “This type of behaviour is very disappointing and concerning. It creates an increased risk to public safety.

    “Crocodiles can become habituated to an easy meal, and associate that with a particular location or people. This unfortunately has created a higher risk of a crocodile attack at this location.”

    Anyone with information about the deliberate feeding of this crocodile, or any crocodile in Queensland is encouraged to call 1300 130 372. Information can be provided anonymously.

    All crocodile sightings should be reported to DETSI in a timely manner.

    Crocodile sightings can be reported by using the QWildlife app, completing a crocodile sighting report on the DETSI website, or by calling 1300 130 372. The department investigates every crocodile sighting report received.

    View further information about croc safety at Be Crocwise in Croc Country.

    MIL OSI News –

  • MIL-OSI Australia: Anywhere at any time—Be Dingo-Safe!

    Source: Tasmania Police

    Issued: 9 Apr 2025

    Visitors to K’gari during the Easter school holidays are urged to prioritise safety and have an incident-free trip by following the Be dingo-safe! advice.

    People are reminded to always carry a dingo safety stick, avoid walking alone, refrain from running and ensure that children are always close.

    Ranger in Charge Dr Linda Behrendorff said dingoes could be anywhere at any time and people can’t be complacent.

    “Holiday periods are always busy on K’gari, and residents and visitors should be thinking about our safety messages at all times, Dr Behrendorff said.

    “There have been 28 high risk incidents on the island this year, and we want to get through this holiday period without any further interactions.

    “Dingoes should never be fed or approached for photos, and if they’re lingering around camping areas they should be deterred through making assertive and loud noises.

    “Fishers should never let dingoes get access to discarded bait, and fish frames should be buried at half a metre deep.

    “Throwing one piece of bait or unwanted sausage can instantly change the behaviour of a dingo, and that can lead to changes in behaviour of a dingo pack.

    “Human intervention through deliberate or inadvertent feeding of dingoes or by approaching them for selfies is unlawful and can lead to negative interactions.

    “To stay safe and protect the unique wildlife, we’re asking all visitors to remain vigilant, secure food and rubbish properly, and Be dingo-safe!”

    Visitors to K’gari are reminded to be dingo safe at all times:

    • Always stay close (within arm’s reach) of children and young teenagers
    • Always walk in groups
    • Always carry a stick when walking
    • Camp in fenced areas where possible
    • Do not run. Running or jogging can trigger a negative dingo interaction
    • Never feed dingoes
    • Lock up food stores and iceboxes (even on a boat)
    • Never store food or food containers in tents, and
    • Secure all rubbish, fish and bait.

    MIL OSI News –

  • MIL-OSI China: International conference on epic studies held in Athens

    Source: China State Council Information Office 3

    Dozens of scholars from China, Greece, the United States, and Australia gathered in Athens on Monday for a forum on epic studies, where they shared insights on preserving this important facet of cultural heritage and explored opportunities for international collaboration.

    The conference was co-hosted by the Institute of Ethnic Literature of the Chinese Academy of Social Sciences (CASS) and the Chinese School of Classical Studies in Athens. Participants engaged in discussions on the contemporary relevance of epics, strategies for safeguarding epic traditions, and ways to enhance cross-cultural communication.

    Peng Jinhui, Vice President of CASS, emphasized that strengthening cultural exchange, deepening academic dialogue, and actively exploring how epics, as spiritual treasures of humanity, can be preserved and revitalized in the modern era are shared responsibilities for scholars and cultural practitioners worldwide.

    George Didaskalos, Secretary General of the Greek Ministry of Culture, noted that both ancient Greek and Chinese civilizations have profoundly shaped philosophical and cultural development across East and West.

    The conference, he added, not only deepens cultural cooperation between Greece and China but also encourages a broader dialogue on the lasting value of epic traditions and their role in humanity’s collective heritage.

    “This is an opportunity to understand each other better and to communicate more effectively,” said Menelaos Christopoulos, emeritus professor of Ancient Greek Literature at the University of Patras in western Greece, in an interview with Xinhua. 

    MIL OSI China News –

  • MIL-OSI: 21Shares Forms Exclusive Partnership with the House of Doge to Launch Dogecoin ETP in Europe

    Source: GlobeNewswire (MIL-OSI)

    Zurich, 9 April 2025 – 21Shares AG (“21Shares”), one of the world’s largest issuers of crypto exchange-traded products (ETPs), has formed an exclusive partnership with the House of Doge to create the only Dogecoin ETP endorsed by the Dogecoin Foundation, which will be listed on SIX Swiss Exchange (ticker: DOGE). This collaboration marks a major milestone in bringing institutional-grade exposure to Dogecoin, one of the most community-driven and widely recognised digital assets.

    Exchange Product Name Ticker ISIN Fee
    SIX Swiss Exchange 21Shares Dogecoin ETP DOGE CH1431521033 2.50%

    The 21Shares Dogecoin ETP is 100% physically backed, offering a transparent and seamless way for investors to gain exposure to Dogecoin through traditional financial channels. Originally launched in 2013 as a light-hearted alternative to Bitcoin, Dogecoin has since grown into one of the most widely recognised and accessible cryptocurrencies, known for its fast transaction speeds, low fees, and increasing merchant adoption. Today, leading brands such as Microsoft and AMC Theatres accept Dogecoin as a payment method, reinforcing its role in mainstream finance. 

    Beyond its technical advantages, Dogecoin has built a highly engaged and socially impactful community, rallying around the principle of “Do Only Good Everyday.” Over the years, its supporters have helped drive initiatives ranging from charitable fundraising to financial accessibility efforts, demonstrating the power of decentralised communities in shaping the future of digital finance.

    “With this exclusive partnership we’re providing investors with the most direct and accessible way to gain exposure to the Dogecoin ecosystem,” said Duncan Moir, President at 21Shares. “Dogecoin has become more than a cryptocurrency: it represents a cultural and financial movement that continues to drive mainstream adoption, and DOGE offers investors a regulated avenue to be part of this exciting project.”

    “This partnership marks a very large step forward for the Dogecoin vision,” said Jens Wiechers, Advisory Board Member at House of Doge and Co-Executive Director of the Dogecoin Foundation. “Dogecoin was created to be a fun, accessible form of peer-to-peer money, and over the years, it has demonstrated real-world utility in payments, tipping, and charitable giving. For Dogecoin to reach its full potential as a global currency, institutional support and corporate partnerships are essential. This initiative with 21Shares provides a regulated path for institutions to participate in and amplify the ‘Dogecoin is Money’ vision, while still honoring the community’s spirit. Global adoption is critical, and we’re excited to take this next step – ensuring Dogecoin stays fun, but gains the credibility and backing needed to thrive at scale.”

    “Our partnership with 21Shares demonstrates the evolving maturity and legitimacy of Dogecoin in the financial world,” said Sarosh Mistry, President and CEO of Sodexo North America and Director-Elect of House of Doge. “Institutional products will empower new types of investors to participate in the Dogecoin ecosystem, reinforcing its role as a leader in the future of digital assets.”

    With over $7.3 billion in assets under management and listings on 11 major exchanges, including SIX Swiss Exchange, Nasdaq, and Euronext, 21Shares continues to drive the integration of digital assets into mainstream finance.

    Notes to editors

    About 21Shares

    21Shares is one of the world’s leading cryptocurrency exchange traded product providers. We were founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance. In 2018, 21Shares listed the world’s first physically-backed crypto ETP, and we have a seven-year track-record of creating crypto exchange-traded funds that are listed on some of the biggest, most-liquid securities exchanges globally. In addition to our seven-year track record, 21Shares offers investors best-in-class research and unparalleled client service.

    21Shares is a member of 21.co, a global leader in decentralized finance. For more information, please visit www.21Shares.com.

    About House of Doge

    The House of Doge is the official corporate arm of the Dogecoin Foundation, committed to transforming Dogecoin into a fully integrated and accessible global payment platform and currency. The House of Doge’s mission is to advance the mainstream adoption of Dogecoin by enhancing its utility through real-world applications.

    About Dogecoin Foundation

    The Dogecoin Foundation is a nonprofit organization committed to developing open-source technology that enhances Dogecoin’s accessibility and utility as a peer-to-peer digital currency.

    Media Contact
    Matteo Valli
    matteo.valli@21shares.com

    DISCLAIMER

    This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG in any jurisdiction. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever or for any other purpose in any jurisdiction. Nothing in this document should be considered investment advice.

    This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful.

    This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. Neither the US Securities and Exchange Commission nor any securities regulatory authority of any state or other jurisdiction of the United States has approved or disapproved of an investment in the securities or passed on the accuracy or adequacy of the contents of this presentation. Any representation to the contrary is a criminal offence in the United States.

    Within the United Kingdom, this document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”); or (iii) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (iv) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

    Exclusively for potential investors in any EEA Member State that has implemented the Prospectus Regulation (EU) 2017/1129 the Issuer’s Base Prospectus (EU) is made available on the Issuer’s website under www.21Shares.com.

    The approval of the Issuer’s Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the Issuer’s Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to purchase a product that is not simple and may be difficult to understand.

    This document constitutes advertisement within the meaning of the Prospectus Regulation (EU) 2017/1129 and the Swiss Financial Services Act (the “FinSA”) and not a prospectus. The 2024 Base Prospectus of 21Shares AG has been deposited pursuant to article 54(2) FinSA with BX Swiss AG in its function as Swiss prospectus review body within the meaning of article 52 FinSA. The 2024 Base Prospectus and the key information document for any products may be obtained at 21Shares AG’s website (https://21shares.com/ir/prospectus or https://21shares.com/ir/kids).

    ###

    Attachment

    The MIL Network –

  • MIL-Evening Report: The Coalition’s domestic gas plan would lower prices – just not very much

    Source: The Conversation (Au and NZ) – By Samantha Hepburn, Professor, Deakin Law School, Deakin University

    A LNG carrier departs Gladstone. Ivan Kuzkin/Shutterstock

    It surprised many Australians when the Coalition announced a plan straight from the progressive side of politics: force large gas companies to reserve gas for domestic use – at a lower cost than they could sell it for overseas.

    As a populist move during a cost-of-living election, it’s a good one. Australia’s gas producers sell 70% of gas extracted on the east coast overseas under long-term contracts, even as southeastern states such as Victoria face possible gas shortages. Western Australia has long had an effective policy requiring up to 15% of offshore gas to be reserved for domestic use.

    After a fortnight’s delay, the Coalition has now publicly released the modelling behind its policy. Undertaken by Frontier Economics, the modelling indicates that reserving 50 to 100 petajoules of gas in the first year would cut wholesale prices by 23%. This would mean a 15% drop in prices for large-scale users – but only a 7% fall for household gas bills and a 3% fall in electricity bills.

    This doesn’t sound like much, because it isn’t. Gas prices soared during the Ukraine war and haven’t yet returned to their pre-war levels. Labor has dubbed the plan “gaslighting”, and will rely instead on a gas policy released last year to open up more gasfields and build import terminals. Gas producers don’t like the Coalition’s plan, and neither does billionaire Liberal benefactor Gina Rinehart. Dutton’s plan isn’t crazy – it’s just not likely to make a big difference.

    Most of Queensland’s gas is exported at present.
    Chris Andrews Fern Bay/Shutterstock

    How would this gas reservation policy work?

    The Coalition has proposed what it calls an East Coast Reservation Scheme, with the goal of progressively decoupling Australia’s east coast gas market from the volatile international market.

    It has two parts. First, it would require new exporters, in the first year of operation, to reserve an additional 50–100 petajoules for the domestic market. Second, it would create a gas security charge, to be imposed on gas producers seeking to export “additional” (non-contracted) gas on the international market.

    This would give gas producers an incentive to sell non-contracted gas to the domestic market, because they would get greater profits selling in Australia, even at a lower base price.

    Further, the policy would prevent gas producers from charging domestic buyers international prices, setting a competitive price.

    In effect, the gas security charge is akin to a levy or a reverse tariff. The levy can be avoided if producers supply up to 100 petajoules to domestic markets. That’s about as much gas as New South Wales’ gas pipelines deliver each year – 101 petajoules (PJ) as of 2022–23, or the equivalent of 26 full liquefied natural gas (LNG) carriers, which hold about 3.8 PJ on average.

    What are the issues with this plan?

    There are legitimate concerns. First, the policy does not directly address domestic gas pricing and won’t help with the cost of living crisis. Over time, it could create a more competitive domestic market, but the fact producers could make marginally more money selling gas on the domestic market doesn’t guarantee change.

    Second, the policy does not directly address the looming gas supply crisis. That’s because existing gas producers would not be legally obliged to commit to more gas domestically – they could still export it. The obligation to commit an additional 50-100 petajoules to the domestic market only applies to gas exporters in their first year of operation.

    If policymakers want to solve the supply crisis, they would be better served by imposing direct export controls in the form of a clear gas reservation mandate. This works, as Western Australia’s long experience shows.

    How did we get here?

    When Russia invaded Ukraine in 2022, it led to huge spikes in global gas prices and shortages in Europe as the world moved away from Russian gas.

    In the 2010s, Australia had already been ramping up gas production. But in the wake of the Ukraine war, Australia became a major gas exporter. Producers traded as much gas as possible on the international market, selling it for over A$40/GJ. Meanwhile, Australia’s coal production was falling.

    Domestic gas demand shot up, and prices went from $8 to $30 a gigajoule. In response, the Albanese government introduced an emergency price cap for the wholesale gas market, prohibiting producers from entering into supply contracts with domestic purchasers for prices above a cap, currently set at $12/GJ. While the cap did partly insulate domestic consumers, it was always intended as a temporary measure.

    The Australian Competition and Consumer Commission recently predicted a gas supply shortfall of up to 40 petajoules in the southern states as early as September due to declining production in Victoria and South Australia as well as higher demand. Without access to uncontracted Queensland gas, supply will run very low. This is a significant energy security risk, and one the Coalition’s gas policy doesn’t directly address.

    Victorian residents are more reliant on gas than other states – and shortfalls are looming.
    M-Production/Shutterstock

    What’s next?

    Australia is one of the world’s top three LNG exporters. The fact a gas giant could be facing domestic shortages is both unnecessary and embarrassing. Reaching this point represents decades of policy failure.

    Reserving gas for domestic use works for the west coast, and it would work for the east. But the Coalition’s plan is not quite a gas reservation scheme. It doesn’t create a comprehensive reservation mandate and questions remain about its capacity to address domestic pricing and supply.

    At present, it seems like a lot of effort without great benefit. Will households really notice their gas bill is 7% cheaper?

    Samantha Hepburn 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. The Coalition’s domestic gas plan would lower prices – just not very much – https://theconversation.com/the-coalitions-domestic-gas-plan-would-lower-prices-just-not-very-much-254194

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI New Zealand: Book, New Edition – The Question of Palestine by Edward W. Said

    Source: Text Publishing Company (Australia)
     
    The groundbreaking account of the history of Palestine by one of the world’s most eloquent scholars of the Middle East
     
    Featuring a new foreword by Saree Makdisi

    This original and deeply provocative book was the first to make Palestine the subject of a serious debate – one that is now more critical than ever. 

    With the rigorous scholarship that he brought to his influential Orientalism and an exile’s passion (he was Palestinian by birth and had been a member of the Palestine National Council), Edward W. Said traces the fatal collision between two peoples in the Middle East and its repercussions in the lives of both the occupier and the occupied – as well as in the conscience of the West. 
    He updated this landmark work to portray the changed status of Palestine and its people in light of such developments as the Israeli invasion of Lebanon, the intifada, the Gulf War, and the ongoing Middle East peace initiative.

    For anyone interested in this region and its future, The Question of Palestine remains the most useful and authoritative account available.

    Edward W. Said (1935-2003) was one of the world’s most influential literary and cultural critics. Professor of English and Comparative Literature at Columbia University, he was the author of twenty-two books, including Orientalism, Culture and Imperialism and Out of Place. He was also a music critic, opera scholar, pianist and the most eloquent spokesman for the Palestinian cause in the West.
     
    Saree Makdisi is an American literary critic and professor. He is of Palestinian and Lebanese descent, and is the nephew of Edward Said. In 2009 he delivered the Edward Said Memorial Lecture at Adelaide University.

    Praise for Edward W. Said on The Question of Palestine

    ‘For those of us who see the struggle between Eastern and Western descriptions of the world as both an internal and an external struggle, Edward Said has for many years been an especially important voice.’ Salman Rushdie
     
    ‘Edward Said is among the truly important intellectuals of our century.’ Nadine Gordimer
     
    ‘[A]rguably New York’s most famous public intellectual after Hannah Arendt and Susan Sontag, and America’s most prominent advocate for Palestinian rights.’ Pankaj Mishra, New Yorker
     
    ‘In this seminal text, Edward Said stridently diagnoses western hypocrisy and makes the case for Palestinian liberation, paving the way for so many thinkers who came after him.’ Isabella Hammad, author of Enter Ghost.

    Available: MAY 13, 2025 Non-fiction Paperback, 320pp AU $36.99 / NZ $45.00 ISBN 9781923058200

    MIL OSI New Zealand News –

  • MIL-OSI Australia: Fire restrictions to end in parts of north west

    Source:

    As restrictions lift, CFA is urging residents to remain fire-aware, as dry Autumnal conditions combined with strong winds can still lead to fast-moving grassfires.   

    CFA District 17 Assistant Chief Fire Officer, Chris Eagle said while conditions remain dry, a drop in both day and night temperatures have contributed to fire restrictions easing. 

    “Although we have had little to no rain, we have seen much of the crop and grass start to deteriorate or be eaten by livestock, which has resulted in reduced fuel loads,” Chris said.  

    “Many of our farmers have conducted successful stubble burning and I commend them for their effective management throughout this process and adherence to permit conditions.”  

    Despite the change, residents are advised to remain cautious if burning off around their homes.  

    “With autumn settling in, we will now see a number of landowners conduct private burn-offs to clean up their properties, however it is important they do so responsibly,” Chris said.   

    “We’ve still got dry fuels in some areas, so any burning off activity should have someone in attendance at all times, with enough water and resources to monitor, contain and extinguish the burn safely and effectively.”  

    To prevent unnecessary emergency callouts, landowners must register their burn-offs. It is also essential to take precautions and ensure conditions are safe before proceeding.  

    Burn-offs can be registered online at Fire Permits Victoria www.firepermits.vic.gov.au. If smoke or fire is reported, it will be cross-checked with the register to avoid an emergency response.  

    Where possible, landowners should also notify neighbours and those nearby who may be sensitive to smoke.  

    Residents travelling to other parts of Victoria are reminded to remain vigilant, as fire danger periods in other regions may still be active.  

    Private burn-off safety checklist  

    MIL OSI News –

  • MIL-OSI Australia: Diversification and Sustainability Support Fund to be paused for Inquiry into Club Sector

    Source: Northern Territory Police and Fire Services



    As part of ACT Government’s ‘One Government, One Voice’ program, we are transitioning this website across to our . You can access everything you need through this website while it’s happening.

    Released 09/04/2025

    In a continued commitment to gambling harm minimisation, the ACT Government has announced the temporary pause of the Diversification and Sustainability Support Fund. This pause will remain in effect while an independent inquiry is conducted into the future of ACT’s club sector.

    The Diversification and Sustainability Support Fund, which was established in 2019, was designed to help clubs reduce their reliance on gaming revenue by supporting the development of non-gaming revenue streams and enhancing administrative efficiency. Under new legislation introduced in the ACT Legislative Assembly today, the Fund will be suspended for two years to allow the ACT Government’s approach to diversification support to be better informed by the findings of the Inquiry into the Future of the Club Sector.

    “By suspending this fund, we are taking a proactive step towards considering different approaches to supporting diversification of the clubs sector.” said Dr Marisa Paterson, Minister for Gaming Reform. “As we progress major reform to address gambling harm this term, the government is committed to supporting clubs to diversify, as we recognise the vital role they play in the social life of many Canberrans.”

    The Inquiry into the Future of the Club Sector will advise the government on the development and implementation of a comprehensive club sector transition plan, including recommendations on how best to support revenue transition of ACT clubs.

    In the most recent round of the funding, $450,000 was awarded to two clubs. The Belconnen Soccer Club will receive $250,000 for renovations to an outdoor functions area, while the Canberra Tradesman’s Union Club will receive $200,000 to support the development of an environmental, social, and governance strategy for a development project.

    “This grant will not only improve our facilities but also enable us to host more events and strengthen our role as a meeting place for people of all ages,” said Suzy Berry, CEO of Belconnen Soccer Club. “We are grateful for the ongoing support of the ACT Government, which is helping us build a sustainable future for the club and our members.”

    The Gaming Legislation Amendment Bill 2025 will suspend both incoming and outgoing payments to the Fund during the inquiry period.

    The Bill also introduces amendments to the Gambling and Racing Control Act 1999 to expand information-sharing provisions in relation to investigations conducted by the Gambling and Racing Commission. These amendments will speak directly to the concerns raised by complainants and ensure going forward that they can be informed about the status of the progress of their complaints.

    – Statement ends –

    Marisa Paterson, MLA | Media Releases

    «ACT Government Media Releases | «Minister Media Releases

    MIL OSI News –

  • MIL-OSI Australia: UniSA-Calvary Hospital surgical escape room puts nurses to the test

    Source:

    09 April 2025

    Bright lights, gleaming surgical tools, and a patient ready on the operating table. All seems to be in order, but then an alarm sounds and all eyes immediately look to you ­– what happens next is in your hands.

    Luckily, this is not a critical scenario but part of UniSA’s new perioperative escape room, designed especially for nursing staff at the Calvary Adelaide Hospital.

    Set in a state-of-the-art operating room, this patient simulation puts experienced nurses to the test as they solve complex scenarios and respond to perioperative emergencies. Working together, participants must adeptly and efficiently manage whatever challenges are put before them before they can successfully ‘escape’.

    Nursing and Perioperative Nursing lecturer, and UniSA escape room creator, Dr Michelle Freeling, says the experience is transforming nursing education.

    “Perioperative nursing is a specialty that requires nurses to work quickly and efficiently, collaborating with surgeons and anaesthetists in high-pressure environments,” Dr Freeling says.

    “But with surgical advancements continually reshaping the field, perioperative nurses need to stay ahead of the latest techniques and practices – this is where experiences like our escape room can help.

    “Participants will practice managing complex patient scenarios in the operating room, understanding and responding to perioperative emergencies, working cohesively with their team, and maintaining situational awareness, all of which are critical for success.

    “As a hands-on, immersive activity, the escape room lets perioperative nurses learn or refine their expertise in a controlled yet realistic environment, so they can test their skills safely, without risk.”

    The innovative experience is also part of a new Calvary Scholarship Program created to support nurses undertaking UniSA’s Graduate Certificate in Nursing with a focus on Perioperative Nurses. Calvary has supported 12 scholarships for nurses to undertake the Perioperative Nursing course, with the potential opportunity for additional scholarships in the future.

    Calvary Adelaide Hospital General Manager Tanya Brooks says the hospital is dedicated to advancing perioperative nursing education and leadership.

    “High quality, safe healthcare is our priority, and we’re committed to delivering excellence in clinical quality and patient care,” Brooks says.

    “UniSA’s perioperative nursing escape room demonstrates a contemporary, engaging and innovative approach to learning that will advance our team’s specialist perioperative skills while also developing their leadership capabilities, staff culture, and excellent person-centred care.

    “By investing in our team’s skill development and professional growth, we continue to champion the high standards, compassionate and professional healthcare, for which we’re known.

    “The Calvary Scholarship Program reflects this commitment, and our partnership with UniSA will empower our team to reach their full potential.”

    The inaugural cohort of scholarship recipients has commenced their studies this week.

    The University of South Australia and the University of Adelaide are joining forces to become Australia’s new major university – Adelaide University. Building on the strengths, legacies and resources of two leading universities, Adelaide University will deliver globally relevant research at scale, innovative, industry-informed teaching and an outstanding student experience. Adelaide University will open its doors in January 2026. Find out more on the Adelaide University website.

    About Calvary: In 1885, six courageous Sisters sailed into Sydney to continue the mission of Venerable Mary Potter and the Sisters of the Little Company of Mary to care for those in need. Thus begun Calvary’s enduring legacy of care in Australia. Today, we continue their mission, in our hospitals, home and virtual care services, retirement living and residential aged care homes across four states and two territories. For more information, visit www.calvarycare.org.au

    …………………………………………………………………………………………………………………………

    UniSA Contact for interview:  Dr Michelle Freeling E: Michelle.Freeling@unisa.edu.au
    UniSA Media contact: Annabel Mansfield M: +61 479 182 489 E: Annabel.Mansfield@unisa.edu.au
    Calvary Health Care media enquiries: T: 1300 450 108 E: media@calvarycare.org.au

    MIL OSI News –

  • MIL-OSI: StepStone Evergreen Funds Added to Bergos Private Markets Platform

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, Switzerland, April 09, 2025 (GLOBE NEWSWIRE) — StepStone Group Inc. (Nasdaq: STEP), a leading global private markets solutions provider, announced today that several of its private market evergreen funds are now accessible through Bergos AG, which manages CHF7.3 billion in assets on behalf of clients.

    StepStone funds now available at Bergos AG are:

    • StepStone Private Venture and Growth Fund (“SPRING Lux”) is a broadly diversified venture and growth strategy fund leveraging an open architecture approach, selecting managers across the innovation economy. As of February 28, 2025, SPRING Lux has $341.7M in AUM and has delivered a 59.92% total net return since inception in November of 2022.
    • StepStone Private Infrastructure Fund (“STRUCTURE Lux”) seeks to provide current income and long-term capital appreciation by offering investors access to a global investment portfolio of private infrastructure assets. As of February 28, 2025, STRUCTURE Lux has $79.9M in AUM and has delivered a 24.91% total net return since inception in September of 2023.
    • StepStone Private Credit Fund (“SCRED Lux”) offers a permanent private debt co-investment solution deploying various credit-related strategies across market cycles to generate both current income and long-term capital appreciation. As of January 30, 2025, SCRED Lux has $43.6M in AUM, leveraging a ‘multi-lender’ approach since inception in June of 2024.
    • StepStone Private Credit Europe ELTIF (“SCRED Europe”) is structured to offer investors access to a broadly diversified, European-focused private credit strategy, with a primary focus on senior secured direct lending. The fund has successfully launched with over €250 million in seed capital, backed by a robust pipeline of opportunities.

    “Investors have embraced our approach to accessing the private markets through StepStone’s evergreen platform, and we are excited to deliver this access to Bergos’ clients,” said Neil Menard, Partner and President of Distribution at StepStone. “Bergos aligns with our mission of providing investors access to institutional-quality private market investments around the globe, and we are proud to partner with an institution whose values reflect our own.”

    Earlier this year, StepStone launched SCRED Europe, a private credit fund available to EU-domiciled professional and retail investors1. SPRING Lux and STRUCTURE Lux were also recently converted from reserved alternative investment funds (RAIFs) to UCI Part II compliant structures, allowing professional investors and semi-professional investors greater access to the private markets, including private equity, infrastructure, and real estate.

    1 As defined under Directive 2014/65/EU. SCRED Europe is only available to professional and retail investors in those EEA Member States into which the manager of the fund has registered it for marketing. Further detail on the fund’s registration status is available from the manager on request. This press release is not and should not be understood to be an offer of securities in any fund mentioned herein.

    About StepStone

    StepStone Group Inc. (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to its clients. As of December 31, 2024, StepStone was responsible for approximately $698 billion of total capital, including $179 billion of assets under management. StepStone’s clients include some of the world’s largest public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, as well as prominent endowments, foundations, family offices and private wealth clients, which include high-net-worth and mass affluent individuals. StepStone partners with its clients to develop and build private markets portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt and real estate asset classes.

    About Bergos

    Bergos AG is an independent Swiss Private Bank focusing on private wealth management. Bergos emerged in 2021 with a new shareholder base from its former mother company, the Berenberg Group founded in 1590, and has been serving international private clients and entrepreneurs in the Swiss financial center for over thirty years. Its headquarters are in Zurich with an office in Geneva. The Swiss Private Bank is dedicated to “Human Private Banking” and specializes in wealth management and advisory services. With more than 130 employees, the focus is on providing expert guidance in all known liquid asset classes, as well as in private markets and alternative investments. Following a “beyond money” approach, we also offer expertise in art collecting and philanthropy. For entrepreneurial clients, Bergos offers access to M&A and other corporate finance services. Bergos AG offers private clients, entrepreneurs and their families a holistic, cross-generational service that focuses on security, neutrality, internationality and openness to the world.

    BERGOS’ SERVICES ARE NOT MARKETED, SOLICITED OR OFFERED TO ANY PERSON RESIDENT OR ORGANISED INSIDE THE JURISDICTION OF UNITED STATES OF AMERICA AT ANY TIME. THEREFORE, BERGOS DOES NOT MARKET, SOLICIT OR OFFER STEPSTONE EVERGREEN FUNDS IN THE UNITED STATES OR TO US PERSONS.

    THIS DOCUMENT IS A MARKETING COMMUNICATION. PLEASE REFER TO THE OFFERING MEMORANDUM OF SPRING LUX, STRUCTURE LUX, SCRED LUX AND SCRED EUROPE (COLLECTIVELY, THE “FUNDS”) BEFORE MAKING ANY FINAL INVESTMENT DECISIONS.

    PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. ACTUAL PERFORMANCE MAY VARY.

    This document is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, or as an offer to provide advisory or other services by StepStone Group Private Wealth LLC (“SPW”), StepStone Group LP (“StepStone”), StepStone Group Europe Alternative Investments Limited (“SGEAIL”) or their subsidiaries or affiliates (collectively, the “Managers”) in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The information contained in this document should not be construed as legal, financial or investment advice on any subject matter. The Managers expressly disclaim all liability in respect to actions taken based on any or all of the information in this document.

    Before investing you should carefully consider the Funds’ investment objectives, risks, charges and expenses. This and other information are explained in the relevant Offering Memorandum for each Fund, a copy of which may be obtained from SGEAIL upon request.

    Information contained herein is subject to change and amendment. An indication of interest in response to this advertisement will involve no obligation or commitment of any kind.

    Prospective investors should inform themselves and obtain appropriate advice as to any applicable legal or regulatory requirements and any applicable taxation and exchange control regulations in the countries of their citizenship, residence or domicile which might be relevant to the suitability, subscription, purchase, holding, exchange, redemption or disposal of any investments.

    An investment involves a number of risks and there are conflicts of interest. Please refer to the risks outlined in detail in the relevant Offering Memorandum for each Fund.

    Marketing in the European Union

    The Funds are alternative investment funds (“AIFs”) for the purpose of Alternative Investment Fund Managers Directive (“AIFMD”). SGEAIL is the alternative investment fund manager (“AIFM”) of the Funds.

    The Funds that do not qualify as ELTIFs can be marketed to Professional Investors in the EEA in accordance with the requirements set out in Article 32 of AIFMD.

    Marketing of the Funds outside the EEA or in the EEA to investors other than Professional Investors (where relevant) must comply with applicable national private placement regimes. Those investors are required to inform themselves of any applicable local requirements or restrictions before investing in the Funds and to assess the impact of any risks they may be exposed to when investing in the Funds.

    Notice to all European Economic Area (EEA) residents

    In the EEA, this document is disseminated by SGEAIL.

    The Funds may only be offered or placed in an EEA Member State: (1) to Professional Investors to the extent that they have been registered for marketing in the relevant EEA Member State in accordance with Article 32 AIFMD (as amended and as implemented into the local law/regulation of the relevant EEA Member State); (2) to non-professional investors who meet the requirements of any national law/regulation which permits them to invest in AIFs, as specifically identified below; or (3) as they may otherwise be lawfully offered or placed in that EEA Member State, including at the exclusive initiative of an investor where permitted in accordance with the AIFMD.

    A list of the EEA Member States in which the Funds are registered for marketing under Article 32 AIFMD is available from the Managers upon request.

    Notice to investors in Austria

    Certain of the Funds have been notified to the Austrian Financial Market Authority (FMA) for marketing to professional investors (Professionelle Anleger) within the meaning of § 2 para 1 no 33 of the Austrian Alternative Investment Funds Act (Alternative Investmentfonds Manager-Gesetz; AIFMG) in accordance with Article 32 AIFMD and § 31 AIFMG. In the Republic of Austria, the relevant Funds may only be offered or placed and any offering or marketing materials related thereto may only be distributed to investors who are either (a) professional investors (Professionelle Anleger) as defined in § 2 para 1 no 33 AIFMG or where relevant (b) qualified retail investors (Qualifizierte Privatkunden) as defined in § 2 para 1 no 42 AIFMG. Distribution of the relevant Funds and any offering or marketing materials related thereto to retail investors (Privatkunden) as defined in § 2 para 1 no 36 AIFMG in the Republic of Austria is not permitted. Subscriptions by retail investors (Privatkunden) will therefore not be accepted. None of the Managers or the relevant Funds are subject to supervision by the FMA or any other Austrian authority. Neither the relevant Offering Memorandum, nor the relevant key information document (KID) have been reviewed by the FMA or any other Austrian authority.

    Notice to professional and semi-professional investors in Germany

    Certain of the Funds have been notified to the German Financial Services Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, or BAFIN) in accordance with Section 323 of the German investment code (Kapitalanlagegesetzbuch – KAGB).

    The relevant Funds may only be marketed and offered to professional and, where relevant to semi-professional investors in the Federal Republic of Germany, as defined in Section 1 (19) nos. 32 and 33 of the KAGB. The relevant Funds have not been admitted for marketing to retail investors within the meaning of Section 1 (19) no. 31 of the KAGB in Germany. Accordingly, the relevant Funds may not be offered and marketed to retail investors in Germany. This disclosure, the relevant Offering Memorandum and any other document relating to the relevant Funds, as well as information or statements contained therein, may not be supplied to retail investors in Germany or any other means of public marketing. Any resale of the relevant Funds in Germany may only be made to professional and semi-professional investors in Germany and in accordance with the provisions of the KAGB and any other applicable laws in Germany governing the sale and offering of the relevant Funds.

    Notice to investors in Italy

    Certain of the Funds have been passported with the Commissione Nazionale per le Società e la Borsa (CONSOB) for the marketing in Italy vis-à-vis professional investors in accordance with Article 32 AIFMD, article 43 of the Italian Legislative Decree of 24th February 1998, no. 58 (testo unico della finanza, the “TUF”) and relevant local implementing regulations in Italy. The relevant Funds may be distributed exclusively to the following categories of investors: (i) “professional investors” as defined in the AIFMD; or where relevant (ii) “non-professional investors” who: (1) invest at least EUR 500,000 in the relevant Fund; or (2) invest at least EUR 100,000 in the relevant Fund, and in the case of the latter, either: (a) the investment is made by a licensed portfolio manager on behalf of the non-professional investor; or (b) the investment is made by the non-professional investor in the context of the provision of investment advice, and is subject to the requirement that the entirety of any investments by that same non-professional investor in EU AIFs does not exceed ten percent (10%) of his or her financial portfolio as a result of a subscription or investment in the relevant Fund.

    Notice to investors in Switzerland

    The offer and the marketing of the Funds in Switzerland will be exclusively made to, and directed at, qualified investors (the “Qualified Investors”), as defined in Article 10(3) and (3ter) of the Swiss Collective Investment Schemes Act (“CISA”) and its implementing ordinance, at the exclusion of qualified investors with an opting-out pursuant to Article 5(1) of the Swiss Federal Law on Financial Services (“FinSA”) and without any portfolio management or advisory relationship with a financial intermediary pursuant to Article 10(3ter) CISA (“Excluded Qualified Investors”). Accordingly, the Funds have not been and will not be registered with the Swiss Financial Market Supervisory Authority (“FINMA”) and no representative or paying agent have been or will be appointed in Switzerland. This document and/or any other offering or marketing materials relating to The Funds may be made available in Switzerland solely to Qualified Investors, at the exclusion of Excluded Qualified Investors. The legal documents of the Funds may be obtained free of charge from the Managers.

    Notice to investors in the United Kingdom

    The Funds are alternative investment funds for the purpose of the Alternative Investment Fund Managers Regulations, 2013, as amended by the Alternative Investment Managers (Amendment, etc.) (EU Exit) Regulations 2019 (“UK AIFM Regulations”). SGEAIL is the alternative investment fund manager (“AIFM”) of the Funds. 

    The Funds have been registered for marketing under Regulation 59(1) of the UK AIFM Regulations. On that basis, the Funds may be marketed in the United Kingdom to UK persons who qualify as Professional Investors.

    Contacts

    Shareholder Relations:
    Seth Weiss
    shareholders@stepstonegroup.com
    +1 (212) 351-6106

    Media:
    Brian Ruby / Chris Gillick / Matt Lettiero, ICR
    StepStonePR@icrinc.com
    +1 (203) 682-8268

    The MIL Network –

  • MIL-OSI: RIBER reports solid growth in sales and earnings in 2024

    Source: GlobeNewswire (MIL-OSI)

    RIBER reports solid growth in sales and earnings in 2024

    • Revenues: €41.2m (+5%)
    • Income from ordinary operations: €4.5m, representing 11% of revenues
    • Net income: €4.1m (+21%)
    • Proposed payout of €0.08 per share for 2024 (+14%)

    Bezons, April 9, 2024 – 8:00am – RIBER, the global leader for molecular beam epitaxy (MBE) equipment serving the semiconductor industry, is announcing its full-year results for 2024, marked by solid growth in sales and profitability.

    (€m – at December 31) 2024 2023 Change
    Revenues 41.2 39.3 +4.8%
    MBE systems revenues 31.0 29.0 +7.0%
    Services and accessories revenues 10.2 10.3 -1.2%
    Gross margin
    % of revenues    		 14.8
    36.1%    		 13.2
    33.7%    		 +12.1%
    Income from ordinary operations
    % of revenues    		 4.5
    10.9%    		 3.9
    10.0%    		 +14.4%
    Operating income
    % of revenues    		 4.4
    10.6%    		 3.9
    10.0%    		 +11.3%
    Pre-tax income
    % of revenues    		 4.4
    10.6%    		 3.6
    9.1%    		 +22.5%
    Net income
    % of revenues    		 4.1
    10.0%    		 3.4
    8.7%    		 +21.4%

    Key developments

    In 2024, RIBER achieved its revenues targets, driven by solid growth in MBE system sales. This momentum reflects the strengthening of its positions in the MBE market, for both research and industrial production, as evidenced by the strong order intake during the year, with 13 new MBE systems. In this context, the company’s earnings show a clear improvement compared with the previous year.

    Alongside this, RIBER moved forward with its innovation efforts with the development of ROSIE (RIBER Oxide on SIlicon Epitaxy), a new system dedicated to the silicon photonics sector. Designed to meet the growing demands of optical transmission and reception applications, its commercial launch, scheduled for 2026, opens up new prospects in a fast-growing market. This dynamism is supported by the demand for advanced semiconductor materials dedicated to data transmission and Artificial Intelligence. The technology developed by RIBER will help reduce energy consumption, particularly in data centers.

    Revenues

    Full-year revenues for 2024 increased to €41.2m, up +5% from 2023. Revenues for MBE systems were up +7% to €31.0m for 12 machines delivered, compared with 13 in 2023. Revenues for services and accessories amounted to 10.2 million euros, representing 24.8% of 2024 revenues, and were broadly stable year-on-year.

    Earnings

    The gross margin was €14.8m, up +12.1%, driven by growth in system business.

    Income from ordinary operations was €4.5m, up +14.4% compared with the previous year, thanks to effective control of operating costs. It represents 11% of revenues, compared with 10% in 2023.

    Net income totaled €4.1m, compared with €3.4m in 2023, an increase of +21.4%.

    Cash flow and balance sheet

    The cash position at end-2023 was positive at €8.6m, compared to €9.7m at end-2023.

    Shareholders’ equity totaled €23.6m, up +€2.3m compared with end-2023. This change is driven by the earnings for the year 2024 and the distribution of amounts drawn against the issue premium for 2023 to shareholders.

    Order book

    The order book at December 31, 2024 represented €21.7m, down 17% year-on-year, including 7 MBE systems (€16.7m), of which 5 for production, as well as orders for services and accessories (€5.0m).

    The order book is up after factoring the two new orders announced in January 2025 for a production system in Europe and a research system in the United States, both scheduled for delivery in 2025.

    Outlook

    In view of the uncertainties linked to the application of US customs duties and the economic environment, RIBER is reserving its position on issuing guidance for fiscal year 2025.

    RIBER remains committed to its medium-term objectives. In this context, RIBER is moving forward with its growth strategy by strengthening its technological leadership and expanding its solutions into new high value-added markets, particularly silicon photonics and materials for quantum technologies. These developments will be presented at the next Annual General Meeting on June 18, 2025.

    Distribution of amounts drawn against the “issue premium” account

    The Board of Directors will propose to the June 18, 2025 General Meeting a cash distribution of €0.08 per share, through a partial reimbursement of the issue premium. It will be released for payment on June 25, 2025.

    Next dates

    • April 18, 2025 – 6:00pm:         2024 annual financial report
    • June 18, 2025 – 10:00am:         General Meeting in Paris

    The annual financial statements were approved by the Board of Directors on April 8, 2025. The statutory auditors have completed the audit procedures on the corporate and consolidated accounts. The certification report will be issued once the necessary procedures have been finalized for publishing the full-year financial report.

    In compliance with AMF regulations and the operating rules of Euronext Growth Paris, RIBER will henceforth publish its sales figures on a half-yearly basis, except in the event of significant developments.

    About RIBER

    Founded in 1964, RIBER is the global market leader for MBE – molecular beam epitaxy – equipment. It designs and produces equipment for the semiconductor industry and provides scientific and technical support for its clients (hardware and software), maintaining their equipment and optimizing their performance and output levels. Accelerating the performance of electronics, RIBER’s equipment performs an essential role in the development of advanced semiconductor systems that are used in numerous applications, from information technologies to photonics (lasers, sensors, etc.), 5G telecommunications networks and research, including quantum computing. RIBER is a BPI France-approved innovative company and is listed on the Euronext Growth Paris market (ISIN: FR0000075954).
    www.riber.com

    Contacts

    RIBER : Annie Geoffroy| tel: +33 (0)1 39 96 65 00 | invest@riber.com
    ACTUS FINANCE & COMMUNICATION : Cyril Combe | tel: +33 (0)1 53 65 68 68 | ccombe@actus.fr

    Attachment

    The MIL Network –

  • MIL-Evening Report: Can you spot a financial fake? How AI is raising our risks of billing fraud

    Source: The Conversation (Au and NZ) – By Matthew Grosse, Director of the Master of Business Analytics, Senior Lecturer, Accounting, University of Technology Sydney

    Along with the many benefits of artificial intelligence – from providing real time navigation to early disease detection – the explosion in its use has increased opportunities for fraud and deception.

    Large and small businesses and even the Australian Taxation Office (ATO) may be hit with fraudulent reimbursement claims, which are almost impossible to distinguish from legitimate receipts and invoices.

    Individuals also need to be wary.

    Look at the photos of the receipts shown below. One documents a genuine transaction. The other was created using ChatGPT. Can you spot the fake?

    Now have a look at this one.

    You possibly couldn’t – and that’s exactly the point. Systems which can reproduce near perfect counterfeits of legitimate financial documents are increasingly prevalent and sophisticated.

    Last week, OpenAI released an improved image generation model which can create images with photorealistic outputs including text.

    Why should we care?

    Fraud involving fake financial documents is a massive global issue. The international Association of Certified Fraud Examiners estimate organisations lose approximately 5% of revenue to fraud each year.

    In its 2024 report, the association documents losses exceeding US$3.1 billion across 1,921 cases. Billing and expense fraud constitute 35% of asset misappropriation cases, with firms reporting median losses of US$150,000 per incident.

    Most concerning, fraudsters primarily conceal these crimes by creating fake documents or altering files, exactly what AI now simplifies.

    Fake documents enable fraud in various ways. An employee might create a fictitious receipt for a business lunch that never happened, or a contractor might fabricate receipts for expenses never incurred. In each case, the fraudster uses counterfeit documentation to extract money they’re not entitled to.

    This problem is likely more widespread than recognised. A 2024 survey revealed 24% of employees admitted to expense fraud, with another 15% considering it.

    Even more concerning, 42% of UK public sector decision makers confessed to submitting fraudulent claims.

    AI removes barriers to deception

    Understanding how AI technology may lead to a surge in potential fraud requires examining the classic “fraud triangle”. This explains that fraud requires three elements: incentives, rationalisation and opportunity.

    Historically, technical barriers limited the ability to create fake documentation even when motivation existed.

    AI eliminates these barriers by making fake documentation easy to create. Research confirms when opportunity expands, fraud increases.

    When fake claims become everyone’s problem

    When fake receipts support tax deductions, we all pay.

    Consider a marketing consultant earning $120,000, who uses an AI image generator to create several convincing receipts for non-existent expenses totalling $4,000. At their marginal tax rate of 30%, this fraud saves them about $1,200 in taxes – if they are not caught.

    The Australian Taxation Office estimates a $2.7 billion annual annual gap from incorrectly over-claimed deductions by small businesses. With digital forgery becoming more accessible, this gap could widen significantly.

    Fake receipts and invoices

    Consumers are also becoming increasingly vulnerable to scammers using AI-generated receipts and invoices.

    Imagine receiving what looks like an official invoice from your energy provider. The only difference? The payment details direct funds to a scammer’s account.

    This is already occurring. The Australian Competition and Consumer Commission reported more than $3.1 billion lost to scams in 2023, with payment redirection fraud growing rapidly.

    As AI tools make creating and editing convincing business documentation easier, these scam numbers have the potential to increase.

    The growing threat

    This vulnerability for both businesses and consumers is amplified by our increasing reliance on digital documentation.

    Today, many businesses issue receipts in digital formats. Expense management systems typically require employees to submit photos or scans of receipts. Tax authorities also accept electronically stored documentation.

    With paper receipts becoming increasingly rare and paper’s physical security features gone, digital forgeries become nearly impossible to spot through visual inspection alone.

    Is digital authentication the answer?

    One potential countermeasure is the Content Provenance and Authenticity (C2PA) standard. The C2PA standard embeds AI generated images with verifiable information about file origin.

    However, a major weakness remains, as users can remove metadata by taking a screenshot of an image. For businesses and tax authorities, digital authentication standards are just part of the answer to sophisticated digital forgery. Yet reverting to paper documentation isn’t feasible in our digital era.

    Seeing is no longer believing

    AI’s ability to create realistic fake financial documents fundamentally changes our approach to expense verification and financial security.

    The traditional visual inspection of receipts and invoices is rapidly becoming obsolete.

    Businesses, tax authorities and individuals need to adapt quickly by implementing verification systems that go beyond simply looking at documentation.

    This might include transaction matching with bank records, and automated anomaly detection systems that flag unusual spending patterns. Perhaps the use of blockchain technology will expand to help verify transactions.

    The gap between what AI can create and what our systems can reliably verify continues to widen. So how do we maintain trust in financial transactions in a world where seeing is no longer believing?

    Matthew Grosse 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. Can you spot a financial fake? How AI is raising our risks of billing fraud – https://theconversation.com/can-you-spot-a-financial-fake-how-ai-is-raising-our-risks-of-billing-fraud-253912

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Australia: Significant reforms proposed to cultural heritage protections in the Northern Territory

    Source: Allens Insights (legal sector)

    Strengthening safeguards and streamlining approvals for sacred sites in the NT 4 min read

    Protection of sacred Indigenous sites is a cornerstone of preserving Australia’s First Nations heritage. The Northern Territory Aboriginal Sacred Sites Act 1989 (the Act) requires project proponents operating in the Northern Territory (NT) to obtain approval to operate in the vicinity of sacred sites and comply with any conditions imposed to ensure their activities do not harm such sites.

    The NT Government has proposed amendments to the Act. The Northern Territory Aboriginal Sacred Sites Legislation Amendment Bill 2025 (the Bill) aims to improve the regulatory framework by tightening timeframes and reducing red tape, while also enhancing protections for sacred sites. The NT Legislative Scrutiny Committee is considering the Bill and will provide its report to Parliament by 7 May 2025.

    In this Insight, we outline the key changes proposed by the Bill and consider how they may impact stakeholders navigating the approval process.

    The current framework

    The Act provides the framework for the registration and protection of sacred sites in the NT. Under the legislation, the Aboriginal Areas Protection Authority (the Authority) is empowered to issue Authority Certificates (Certificates) to people who want to enter, use, or carry out works on sacred sites.1

    After receiving an application, the Authority can request a conference with custodians to discuss the application and potential conditions of the Certificate.2 A Certificate will be issued where the Authority is satisfied that the work or use of the land could proceed without substantive risk of damage to a sacred site on the land.3

    The Certificate will set out the relevant conditions the Authority considers accords with the custodian’s wishes or any agreement in place between the custodians and the applicant.4 The Act also establishes criminal offences for damaging sacred sites.5

    What is changing and why?

    The Bill proposes several key amendments aimed at improving efficiency while maintaining robust protections for sacred sites. Key changes include provisions for transferring Certificates to new parties in continuing projects and introducing enforceable undertakings for minor contraventions.

    We consider these changes in detail below.

    Transferring Authority Certificates

    Currently, the Act does not allow for the transfer of a Certificate. Certificates are specific to the original applicant and identified works. For example, if a development is sold, the new developer must apply for a new certificate, even if the works remain unchanged, requiring repeated approvals and negotiations with custodians.

    The Bill establishes a mechanism allowing for transferring a Certificate when prior consultations were conducted, and a Certificate was previously issued.6 Now, a person may apply for a transfer of a Certificate, subject to the land areas and usage conditions remaining the same.

    This change aims to improve efficiency by eliminating repetitive applications within long-term projects involving multiple parties over time.

    Recorded parties

    The Bill also establishes a mechanism for a holder of a Certificate to apply to have additional individuals or groups added as ‘recorded parties’. Subject to the area, use of the land and the conditions of the existing Certificate remaining unchanged, the Authority must issue a new Certificate to the applicant holder, which includes the added recorded parties. This will have practical benefits for proponents, who wish to ensure that contractors or joint venture partners will also have the benefit of acting in accordance with an existing Certificate.

    New enforceable undertakings

    New Part IVA of the Bill will establish a process for dealing with contraventions of the Act or conditions in a Certificate. The Authority will have the power to enter into an enforceable undertaking with a person regarding alleged contraventions. This amendment aligns the Act with enforcement mechanisms commonly used in environmental and development legislation.

    The undertaking may contain any terms or conditions that the Authority considers necessary to ensure compliance with the Act or a Certificate.7 Time limits for performing obligations and methods to monitor compliance must be stated in the undertaking.8 Additionally, notice of both the alleged contravention and the undertaking must be published by the person giving it.9

    When accepting an undertaking, various factors must be considered by the Authority, including:

    • the nature and gravity of the conduct;
    • the maximum penalty for the alleged contravention;
    • the benefits of the proposed undertaking; and
    • matters of public interest.10

    To promote transparency, notice of decisions to accept an undertaking along with reasons must be published by the Authority.11

    If a proponent fails to comply with an enforceable undertaking, an application can be made to the Supreme Court for enforcement.12 The Supreme Court may issue orders requiring payment of costs incurred by the Authority in mitigating any harm resulting from non-compliance or compensation to individuals who suffered loss due to such contraventions.13

    Notably, entering into an enforceable undertaking precludes criminal proceedings against a person who has agreed to it.14 If full compliance with an undertaking is achieved, reasonable steps must be taken by the Authority to discontinue prosecution efforts.15

    Composition and Membership of Authority

    The amendments formalise practices concerning appointments to the Authority. The Authority will be constituted of ten First Nations members nominated by Land Councils and two members nominated by the Minister.16

    Members appointed via Land Councils can face termination on grounds such as incompetence or misbehaviour. Conversely, ministerial appointees may only face termination following written recommendations from the Minister.17

    What do the changes mean for me?

    It is important to remember that these reforms are still being considered by Parliament and are not yet law.

    If the Bill is passed, the introduction of enforceable undertakings will provide a more flexible way to address minor contraventions without immediate resort to criminal prosecution.

    If you are involved in ongoing or long-term projects in the Northern Territory, the proposed amendments may also simplify your compliance obligations by allowing the transfer of Certificates, and the addition to a Certificate of other parties working on a project as recorded parties.

    MIL OSI News –

  • MIL-OSI New Zealand: Game-changing employment bill to tackle PGs passes first reading

    Source: ACT Party

    ACT Small Business spokesperson Laura McClure is celebrating the first reading passage of her member’s bill, the Employment Relations (Termination of Employment by Agreement) Amendment Bill.

    The bill would allow employers to open protected negotiations for the termination of an employment contract, avoiding costly unfair dismissal or personal grievance claims.

    “Sometimes when one person employs another it just doesn’t work out. Relationship breakdowns, poor performance, or personal circumstances can make an employment relationship unsustainable,” says McClure.

    “Some employers would happily offer an employee money to leave, and in many cases the employee would happily accept. But this is not an option under current law.

    “I know from experience that a common fear for employers is a long and costly personal grievance or unfair dismissal claim, even when the employer has adhered to due process. These processes are stressful for both employers and employees, and often end in a settlement anyway either due to entering the without prejudice process or from a PG.

    “Hefty legal fees for personal grievance and unfair dismissal claims should not be seen as ‘the cost of doing business’.

    “My bill makes it easier for two adults to come to an agreement, shake hands, and move on to greener pastures before any dispute is escalated to the Employment Relations Authority.

    “An employer could approach an employee and say, ‘This doesn’t seem to be working out. Would you be open to sitting down and coming to an agreement about your employment?’ The employee is under no obligation to take up that offer, or any offer made in the subsequent meeting.

    “An employer could seek termination of the contract with the employee’s consent, in return for specified compensation. These conversations would be without prejudice, meaning they could not be used as a part of any future unfair dismissal or personal grievance case, unless certain exemptions apply.

    “I want this legislation to be as effective as it possibly can be, so I’m now encouraging workers, employers, and advocates to engage with the select committee process around my bill.”

    Laura McClure’s opening speech can be found here.

    A copy of the bill can be downloaded here.

    MIL OSI New Zealand News –

  • MIL-Evening Report: Running for parliament is still a man’s world, with fewer female candidates – especially in winnable seats

    Source: The Conversation (Au and NZ) – By Elise Stephenson, Deputy Director, Global Institute for Women’s Leadership, Australian National University

    Despite progress towards gender equality in Australian elections, women remain underrepresented among candidates vying for office on May 3. They are also overrepresented in “glass cliff” seats, which are the ones that are difficult to win and precarious to hold.

    The Global Institute for Women’s Leadership at the Australian National University has analysed 591 candidates in the election by gender, political party, and the seats they are contesting.

    Our report published today finds that while the major parties are increasing the number of women they pre-select, they are more likely to be running in harder-to-win seats.

    From the glass ceiling to the glass cliff

    Women are inching towards gender parity and now make up 45% of candidates across all parties and independents.

    Labor has made the strongest gains. More than half (56%) of its candidates are women, a jump of about 10 percentage points on the previous election. By comparison, only 32% of Coalition candidates are female, an increase of just 3% on the 2022 poll.

    Coalition women are not only outnumbered two to one by male candidates – 84% of them are running in risky glass cliff seats.

    Contesting from opposition necessarily means Coalition candidates are coming from a more challenging starting point. Indeed, by comparison, 50% of female Labor candidates are running in safe seats, compared to 57% of their male collegaues.

    Nonetheless, Labor women are also more likely to be running in unsafe seats than Labor men. This persistent glass cliff across both major parties continues to disadvantage women in politics.

    A woman’s place in the current parliament

    Women make up approximately 39% of the current House of Representatives. Labor is closest to parity, with women accounting for 47% of the caucus.

    By comparison, the Coalition continues to languish with four times the number of male MPs: 80% men to 20% women.

    And there are stark differences in gender balance across states and territories, with Queensland and South Australia lagging the furthest behind. Queensland fares the worst, with nearly five times as many men than women representing the state in federal parliament (83% men to 17% women).

    This reflects a strong gender imbalance across both major parties. Our report shows that in Queensland, 80% of Labor and 86% of Coalition MPs are men.

    Western Australia and the Northern Territory are the only two states or territories to have equal or more women MPs elected in the 2022 federal election – at 53% and 50%, respectively.

    Diversity and the 2025 election

    According to our analysis, 21% of the nearly 600 declared candidates self-identified as diverse. This includes:

    • culturally and linguistically diverse (CALD) people
    • people from First Nations backgrounds
    • people with disabilities
    • people belonging to the LGBTIQ+ community.
    How well do the candidates in the federal election represent Australia’s diverse community?

    Diversity is fairly evenly spread across the parties, at around 26% of Labor’s candidates, 24% of the Coalition’s and 30% of the Greens’.

    Men are much more likely to self-identify as “diverse” than women at this election. This could reflect the unique barriers faced by minoritised women. For example, women of colour, First Nations women and women with disability can be discouraged or find it harder to seek public office.

    Our findings reflect the added challenges diverse women and non-binary people face, particularly when in the public eye.

    For instance, our research on the 2022 election found that while LGBTIQ+ politicians faced similar rates of online harassment during the campaign, they were more targeted by personal vitriol throughout. They suffered nasty, queer-specific slurs, transphobic messages and ableist language – commentary that had nothing to do with their policies or politics.

    Are we making progress?

    Yes, progress is being made with more women running for election. That is particularly true of the Labor Party and the Greens, where 56% and 50% of candidates are women respectively. Plus some who are beyond the gender binary.

    And the fact that 80% of “teal” candidates are female is a noted characteristic of the community independents movement.

    However, achieving true gender and diversity parity in politics requires more than increasing candidate numbers. It demands a fundamental shift in how, and where, women and diverse candidates are positioned to compete.

    This is a message for political parties to take seriously going into future elections. Are parties always putting the same people up for the same seats?

    Without addressing these systemic barriers, representation in parliament will continue to fall short of reflecting the electorate’s true and growing diversity.

    Elise Stephenson receives funding from the Australian Government and Australian Research Council. She is affiliated with Women in International Security Australia. The Global Institute for Women’s Leadership is a non-partisan research institute at the ANU.

    – ref. Running for parliament is still a man’s world, with fewer female candidates – especially in winnable seats – https://theconversation.com/running-for-parliament-is-still-a-mans-world-with-fewer-female-candidates-especially-in-winnable-seats-254187

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: Adam Bandt says the Greens can deliver ‘real change’ – but the party should choose its battles more wisely

    Source: The Conversation (Au and NZ) – By Kate Crowley, Adjunct Associate Professor, Public and Environmental Policy, University of Tasmania

    Federal Greens leader Adam Bandt says the federal election offers “an opportunity for real change”, saying his party would use the balance of power in the next parliament to help deliver serious policy reforms.

    In a speech to the National Press Club on Wednesday, Bandt outlined the party’s election priorities and said the poll represents:

    A once-in-a-generation chance to create a country where everyone has a right to the basics – food, health, and a home. A safe climate and a healthy environment. An economy which puts people before the profits of the obscenely wealthy and the excessively profitable.

    The Greens broke new ground at the last federal election, snatching three new lower house seats and winning the balance of power in the Senate. The gains suggested the Greens were moving beyond their roots as a party of protest, and becoming a true policy force.

    But the Greens broadly failed to make the most of its greater political presence this term. In the next parliament, it should focus on building political capital and picking its battles more wisely.

    Meagre parliamentary success this term

    As a traditional party of protest, the Greens have historically tended to stick firmly to the party’s policy agenda rather than make major concessions to the government of the day.

    However, as the new Labor government focused on delivering its mostly modest reform agenda this term, the Greens party was forced to negotiate on its demands, much as the Teals have done.

    The Greens helped Labor pass its signature climate change policy, the safeguard mechanism, which seeks to limit emissions from Australia’s most polluting companies. In return, Labor agreed to the Greens’ call for a hard cap on emissions under the scheme. But it refused to bow to Greens demands for a ban on new gas and coal projects, and limiting the use of carbon credits.

    The Greens were then tested by Labor’s housing agenda – specifically, two schemes to make buying or renting a home more affordable.

    The Greens’ initially teamed up with the Coalition to block the laws, arguing they would drive up housing prices and give tax breaks to property developers. The party’s opposition was at odds with public opinion, including most Greens voters.

    The party eventually waved the housing bills through in November last year without winning any concessions from Labor, and after burning much political capital.

    The chastened Greens helped pass a flurry of other legislation late in 2024, including Reserve Bank governance reforms and a supermarket code of conduct. In return, Labor offered Greens fairly piecemeal concessions, including more money for social housing electrification and a ban on fossil fuel subsidies under the Future Made in Australia scheme.

    The Greens also offered to help salvage Labor’s troubled proposal to reform Australia’s environmental protection laws. It shelved its calls for a “climate trigger” – which would force regulators to consider the potential climate damage of a proposal before it was approved. Instead, the Greens insisted only on stronger protections for native forests.

    However, Prime Minister Anthony Albanese intervened at the eleventh hour to scuttle the deal.

    All this suggests the Greens party is yet to strike the right balance between pursuing its own policy agenda and supporting Labor to the extent that a healthy working relationship is achieved. So far, it has gained only meagre concessions, and its policy grandstanding has not worked.

    Flare-ups outside parliament

    Scoring political points outside parliament can be easier for the Greens than influencing policy within it.

    Environmental conflict has always fuelled the Greens’ vote, and the party continues to campaign on issues such as protecting Tasmania’s native forests, opposing salmon farming and calling for a ban on new coal and gas projects.

    But outside parliament this term, the Greens have faced controversies that may hurt them at the ballot box.

    Greens senator Lidia Thorpe quit the party over its support for the Voice referendum, and Bandt copped criticism for allegedly failing to confront bullying claims against West Australian Greens senator Dorinda Cox.

    The Gaza conflict triggered significant ruptures between the Greens and the pro-Israel movement. There were also reports that a new Muslim political movement may siphon votes from the Greens and hurt them electorally.

    There is no ready formula, then, for the Greens to shore up – let alone expand – its vote outside parliament.

    What’s next for the Greens?

    The Guardian’s polls tracker suggests the Greens’ primary vote has increased since the 2022 election, from 12.3% to 14%.

    However, the party faces several tough political contests to retain or extend the gains it won in 2022. And its disappointing results at recent elections in Queensland and the Australian Capital Territory suggest the party has its work cut out.

    As ABC election analyst Antony Green has noted, Labor holds three seats with margins below 5% where the Greens have a chance. However, the Greens also hold seats on slim margins that Labor or another candidate could win.

    The Greens’ lower-house gains at the last election came in the inner-Brisbane seats of Ryan, Brisbane and Griffith. The Greens will have to fight hard to retain all three next month.

    The most recent polls suggest Labor will be returned by a narrow margin at the May 3 election – probably helped along by the return of United States’ President Donald Trump.

    On Wednesday Bandt said the Greens “are within reach of winning seats right across the country and, in the minority government, we can make things happen”.

    However, seven new Independents won lower house seats at the last election. Should that trend continue, and if Labor does need to form a minority government, the Greens may find themselves fighting for the balance of power on a crowded crossbench.

    Picking fights or delivering policy?

    If the Greens party wants to be seen as a serious political force, it must decide if its traditional political approach – hard-nosed policy opposition and picking political fights – is still the best strategy.

    Bandt’s mentor, former Greens leader Christine Milne, got results from minority pacts with both sides of politics. She believed the Greens’ role was to build political capital and then, when an opportunity such as minority government arose, to spend that capital on achieving significant policy outcomes.

    On Wednesday, Bandt indicated a willingness to work towards meaningful policy outcomes in the next parliament. He claimed the Greens were willing to compromise in the event of minority government, saying:

    we understand the need to cooperate and to come up with an arrangement that forms stable, effective and progressive government […] We will go into any discussions with goodwill and with [an] open mind.

    Kate Crowley 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. Adam Bandt says the Greens can deliver ‘real change’ – but the party should choose its battles more wisely – https://theconversation.com/adam-bandt-says-the-greens-can-deliver-real-change-but-the-party-should-choose-its-battles-more-wisely-253851

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI New Zealand: Going For Growth: backing NZ wool producers

    Source: New Zealand Government

    The Government is backing New Zealand sheep farmers and the wool industry with a change to government procurement rules, Economic Growth Minister Nicola Willis and Associate Agriculture Minister Mark Patterson announced today.

    “From 1 July, government agencies will be directed to use woollen fibre products in the construction and refurbishment of government buildings, where practical and appropriate,” Nicola Willis says.

    “The move delivers on a New Zealand First and National Party coalition agreement to preference the use of woollen fibres in government buildings.

    “We’re showing our commitment to woollen fibres by leveraging government spending, to provide more targeted opportunities for wool producers. This will help to increase jobs, employment, and drive economic growth. 

    “The new requirement will encourage innovation in the building materials industry which will lead to more investment and new markets opening up. Woollen fibres have a wide range of uses in buildings including carpet, upholstery, insulation, and acoustic panels. 

    “There are also sustainability and health benefits to using wool. Wool’s natural qualities allow it to dampen sound and absorb pollutants, and woollen fibres contribute to healthier indoor environments by naturally regulating humidity and improving air quality.   

    Mark Patterson says “the new requirements go beyond procurement’s immediate aim of purchasing goods and services. They demonstrate the Government’s support for the wool industry and farmers by encouraging increased demand for woollen fibre products in government-owned buildings. 

    “We’re walking the talk. This move will hopefully inspire private businesses to follow suit.”

    “We are acting to get even greater value from our investments. It is the Government’s role to create the conditions for businesses to grow the economy and invest in creating more jobs.

    “The wool sector contributed $549 million to the New Zealand economy in the financial year ending 2024 from exporting processed and unprocessed wool products. 

    “Wool has been synonymous with New Zealand since the early settlers bought sheep here 200 years ago, and New Zealand remains the world’s third largest wool producer, after China and Australia and accounts for about 9 per cent of total world wool production.” 

    “Supporting the NZ wool industry is a key part of the positive steps the Government is taking to add value to the economy.

    “Our wool industry has recently been through a tough time with competition from synthetic fibres in global markets and a decline in both sheep numbers and the volume of wool produced. The sector is turning the tide with wool prices now covering the shearing costs, but we know there is more to be done.

    “There’s a real swing back to natural fibres with consumer interests moving back to renewable fibres such as wool.”

    The new procurement requirements will apply to the construction of government owned buildings that cost $9 million and more, and to refurbishments of $100,000 and more. The requirement will apply to about 130 agencies. 

    A wider review to improve the Government Procurement Rules is underway to remove red tape and promote responsible spending and competition. 

    MIL OSI New Zealand News –

  • MIL-Evening Report: Don’t let embarrassment stop you – talking about these anal cancer symptoms could save your life

    Source: The Conversation (Au and NZ) – By Suzanne Mahady, Gastroenterologist & Clinical Epidemiologist, Senior Lecturer, Monash University

    sarkao/Shutterstock

    Anal cancer doesn’t get a lot of attention. This may be because it’s relatively rare – anal cancer affects an estimated one to two Australians in every 100,000. As a comparison, melanomas affect around 70 in every 100,000 people.

    But it’s also likely due to embarrassment. Anal cancer is an abnormal growth in the cells lining the anus, the last few centimetres of the bowel. Many people feel awkward talking about this part of their body.

    So, when symptoms appear – such as bleeding or itchiness – they may delay speaking to a doctor. But it’s crucial to know what to look for, because if anal cancer is caught early the chances of treating it are much higher.

    The anus is the last few centimetres of the bowel.
    Designua/Shutterstock

    Do we know what causes it?

    Up to nine in ten anal cancers are caused by human papillomavirus (HPV), a sexually transmitted infection.

    HPV is common – more than 80% of people who have ever been sexually active will be infected at some point with a strain (there are more than 150).

    Most HPV strains won’t cause any problems. But some, particularly HPV16, are higher risk. Persistent infection can cause changes in the anal lining and this can progress to anal cancer. This can happen even if you don’t have anal sex.

    Vaccination against HPV is a highly effective method to reduce the risk of cancers related to HPV infection such as anal and cervical cancer.

    Since the national HPV vaccination program began in Australia in 2007, there has been a substantial drop in diseases linked to HPV (such as genital warts). While it’s too early to say, it is hoped that over time cancer rates will also fall due to vaccination.

    Other factors that increase your risk for anal cancer include:

    • being older
    • a history of smoking
    • a weakened immune system (for example from medication or HIV)
    • sexual activity (having anal sex or multiple sexual partners)
    • a history of cervical, vulval or vaginal cancer.
    Only some HPV strains are linked to cancer.
    wisely/Shutterstock

    What are the symptoms?

    Sometimes anal cancer doesn’t cause any symptoms. A doctor may instead detect the cancer visually during a colonoscopy or another examination.

    Other times, symptoms may include bleeding from the bottom (you might see blood on the toilet paper), a new anal lump, or feeling non-specific discomfort or itchiness in your anus.

    You may also have an unusual sensation that you can’t pass a stool as “fully” or easily as before.

    If you have any of these symptoms – particularly if they are new or getting worse – it is important to speak with your doctor.

    The symptoms of anal cancer can be very similar to common conditions such as haemorrhoids, so it’s best to get them checked by a doctor to get the diagnosis right.

    It’s understandable you might be embarrassed. But for doctors, this is all part of routine practice.

    Catching it early improves your chances

    Survival rates are much better for anal cancer caught in the early stages.

    Around 90% of people diagnosed with stage one anal cancer will live five years or more. That drops to 60% if the diagnosis is made when the cancer has developed to stage three.

    The test may be as simple as a quick anal examination. Or it may require other investigations such as anoscopy (looking inside the bottom with a slim tube) or specialised ultrasounds or scans.

    Most tests involve only a small amount of discomfort or none at all. They can rule out anything serious, giving you peace of mind.

    If a cancer is detected, treatment usually involves radiotherapy, chemotherapy or surgery, or a combination.

    The bottom line

    If you need another reason to get symptoms checked out, here’s one: they could also indicate bowel cancer.

    Bowel cancer (also known as colon or colorectal cancer) is the fourth most common cancer diagnosed in Australia, and the second most common cause of cancer death, with similar symptoms such as bleeding from the bottom.

    So, it’s crucial to not to let awkwardness get in the way. Speak to your doctor if any symptoms concern you. Starting the conversation early could save your life.

    Suzanne Mahady 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. Don’t let embarrassment stop you – talking about these anal cancer symptoms could save your life – https://theconversation.com/dont-let-embarrassment-stop-you-talking-about-these-anal-cancer-symptoms-could-save-your-life-249570

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Security: Postured and Ready: MRF-D 25.3 deploys across the Pacific

    Source: United States INDO PACIFIC COMMAND

    DARWIN, Australia — Marine Rotational Force – Darwin (MRF-D) 25.3 has commenced its 14th iteration, projecting its operational reach well beyond northern Australia. While most of the force has successfully closed in Darwin, a portion of the ground combat element deployed directly from Camp Pendleton, California, to the Philippines to train with the Philippine Marine Corps’ (PMC) 1st Marine Brigade in Mindanao.

    MIL Security OSI –

  • MIL-Evening Report: Gold rush Melbourne and post-war boom: how Australia overcame housing shortages in the past

    Source: The Conversation (Au and NZ) – By Rachel Stevens, Lecturer, Institute for Humanities and Social Sciences, Australian Catholic University

    As part of their federal election campaign, the Coalition announced plans to limit the number of international students able to commence study each year to 240,000, “focused on driving […] housing availability and affordability”.

    This announcement was criticised as a “fact free zone” by the Property Council.

    The Coalition proposal falsely equates high immigration with housing shortages. Studies indicate limiting international students will have minimal impact on housing supply. Most international students stay in student housing or share house accommodation, not suitable or desirable for many Australians to live in.

    History shows us Australia has previously gone through periods of high migration and economic uncertainty. But history also shows us, if we are willing to adapt and innovate, high immigration and housing affordability can co-exist.

    Lessons from Australia’s gold rush

    The discovery of gold in Victoria caused Melbourne’s population to explode.

    In 1851, Melbourne’s population was 77,000. Within a decade, that figure had more than quadrupled to 540,000.

    As a young colony, the Victorian government actively recruited British and Irish migrants, subsidising fully or partially the cost of the sea voyage to Australia.

    It wasn’t all smooth sailing: competition across migrant groups developed, and new Chinese immigrants in particular were singled out. Europeans staged violent anti-Chinese riots, which included the murder of three Chinese migrants.

    To accommodate new migrants, the Victorian colonial government expanded housing supply in two ways.

    ‘Canvas Town’ was built on the banks of the Yarra in South Melbourne, captured in this illustration from the 1850s.
    State Library Victoria

    First, in 1852 Lieutenant-Governor Charles La Trobe permitted the establishment of Canvas Town, essentially a tent city on the southern bank of the Yarra River.

    There were problems in Canvas Town: disease was common, sanitation nonexistent, and crime rife. But Canvas Town provided newcomers protection from the elements. Canvas Town was officially disbanded in 1854, although people continued to live in tents across Melbourne as they awaited the construction of more permanent housing.

    Second, prefabricated iron houses were imported to Melbourne from Britain to overcome supply shortages. These British-built “kit homes” were dismantled, every component labelled and then shipped to Australia for assembly.

    Rapidly-built homes appeared in Port Melbourne, North Melbourne, Fitzroy, Collingwood and Richmond. Three such examples still exist today in South Melbourne.

    A portable town for Australia erected at Hemming’s Patent Portable House Manufactory, Bristol.
    National Library of Australia

    Gold Rush Victoria reminds us of the importance of nimble government intervention in the housing market to offset housing pressures and mitigate anti-foreigner sentiments.

    Responding to migrants after World War II

    One hundred years later, Australia was again facing an immigration and population boom. Australia faced housing shortages in the post-World War II years, as the population grew from 7.6 million to 10.5 million people between 1947 and 1961.

    In the era of post-war shortages and rationing, Australians worried about the impacts of the new arrivals on employment and social issues such as crime.

    The arrival of displaced persons and assisted migrants from Europe strained existing housing stock. Some new and existing Australians resorted to squatting and other forms of temporary housing.

    Commonwealth and state governments took leading roles in housing construction.

    Houses were pre-fabricated in the United Kingdom, like in this photograph from 1947, before being shipped to Australia.
    State Library Victoria

    Between 1947 and 1961, Australia’s housing stock increased by 50% compared with a 41% increase in population. Australian governments directly contributed to 24% of this increase in stock, or 221,700 homes.

    As the minister for immigration, Harold Holt said in 1950, “migrant labour was helping to solve Australia’s housing problems, not aggravating it” by working in essential industries that produce housing materials.

    Once again, prefabricated homes were part of the solution.

    British migrant bricklayers work on building new State Housing Trust houses in Elizabeth, South Australia, in 1958.
    National Archives of Australia

    But on-site construction also had a role to play and could capitalise on the skills of new migrants, particularly in the new migrant town of Elizabeth, South Australia.

    Migrants also pooled their resources and constructed homes for their community.

    In Wexcombe, Western Australia, 12 British families formed a building group. Within three years, they had built new homes for each family.

    Eras of innovation

    In the 1850s and 1950s, increased immigration triggered bigotry and xenophobia. However, governments at this time were focused on nation building.

    Bill Wilson from Belfast making a footpath around his new home in Wexcombe, Western Australia, in 1960.
    National Archives of Australia

    Even if this was largely focused on supporting new white migrants, many politicians resisted the temptation to fan social divisions for political gain.

    Instead, during the Gold Rush and post-World War II eras, Australian governments assisted individuals to adapt and innovate to new circumstances and create novel forms of housing.

    Australian history gives us episodes where we see our society under strain and yet capable of addressing social issues with innovation and adaptability, while welcoming migrants.

    Rachel Stevens works for the Australian Catholic University, which will be impacted by the proposed reforms on international students discussed in this article.

    – ref. Gold rush Melbourne and post-war boom: how Australia overcame housing shortages in the past – https://theconversation.com/gold-rush-melbourne-and-post-war-boom-how-australia-overcame-housing-shortages-in-the-past-253952

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Australia: Screen Australia and ACTF Kids IP Incubator Initiative enters next phase

    Source: AMP Limited

    09 04 2025 – Media release

    Kids IP Incubator recipients in Melbourne for the workshop this week. 
    Eight teams have been selected to take part in the Kids IP Incubator Initiative, an Australian Children’s Television Foundation (ACTF) and Screen Australia program for children’s content makers to develop Australian IP for digital platforms.
    Following a competitive assessment process, a mixture of experienced and emerging creatives has been selected for a three-month program which kicks off this week with an in-person workshop at the ACTF offices in Melbourne.
    Digital content strategist Nico Lockhart will lead the workshop, joined by investment managers from Screen Australia and development managers from the ACTF. Nico has a decade of experience in online content, formerly leading the digital content division of animation and production studio WildBrain. He is the co-founder of a new venture which develops YouTube-first IPs.
    Australian children have more content available to them than ever before across a range of multiple platforms and screens. This initiative will provide insight into the rapidly changing kids’ content landscape and empower creators with information and strategies to deliver distinctive Australian content for digital platforms like YouTube, which requires unique strategies to engage with audiences.
    ACTF CEO Jenny Buckland said, “As the child audience fragments and more and more children gravitate towards digital platforms, we need to ensure that quality programming made specifically for them reaches them wherever they are. This unique initiative will allow new and experienced practitioners to learn, experiment and develop fresh and innovative content that is specifically created for the platforms they are accessing it on, and keeps up with the ever-changing kids’ content landscape.”
    Screen Australia Director of Narrative Content Louise Gough said,“As the ecosystem for children’s content continues to shift globally, it’s essential that we provide our creators with the support and resources to innovate and take full advantage of new platforms and opportunities to reach Australian children. The Kids IP Incubator Project is a fantastic way to help both emerging and experienced creatives refine their skills and develop bold, original Australian stories for Australian children. We’re excited to see the projects that will evolve from this initiative and look forward to their contribution to a vibrant and sustainable future for children’s content in Australia.” 
    Projects selected for the initiative are:

    Bookstore Duck: Angus Woodiwiss, Celine Goetz, Patrick Egerton and Sophie Knoblanche
    Moving Out – The Mini Series: David Smith and Bill Northcott
    My Brother the Monkey King: Nicholas Lin and Aven Yap
    Pit-Pats: Darcy Prendergast and Josie Mackerras
    Proudfoot and Friends: Lucas Proudfoot, Ellenor Cox, John Armstrong, Mikalya Nicol, Georgie Bauman, Freddy Komp, Tim Shultz, Jenny Hanslow, Lauren Woods and Douglas Watkin
    The Void Diner: Monique Mulcahy, Millie Holten and Caitlyn Staples
    Weird Warden: Nicole Delprado and Grace Rein
    Woolings: Liam O’Leary and Amanda Spagnolo

    Following the workshop, participants will undertake fortnightly online masterclasses with thought leaders, companies and creators in the space to further develop their practice over the coming months. Teams will receive a grant of up to $20,000 to develop their projects during this phase. At the end of the three months, teams will formally pitch their projects to a panel of ACTF and Screen Australia representatives and be invited to apply for a second round of development funding.
    ACTF Media Enquiries
    Emma Field | [email protected]
    Media enquiries
    Maddie Walsh | Publicist
    + 61 2 8113 5915  | [email protected]
    Jessica Parry | Senior Publicist (Mon, Tue, Thu)
    + 61 428 767 836  | [email protected]
    All other general/non-media enquiries
    Sydney + 61 2 8113 5800  |  Melbourne + 61 3 8682 1900 | [email protected]

    MIL OSI News –

  • MIL-OSI Australia: Upgrades to Melba Oval now complete

    Source: Northern Territory Police and Fire Services

    Sports to use the oval include rugby league, touch football, soccer and cricket.

    New upgrades to the Melba Neighbourhood Oval pavilion and a new canteen are now complete. The upgrades will make playing and watching sport in West Belconnen a more comfortable experience.

    The upgrades include:

    • heating in the changing rooms
    • privacy screens at the entry to the changing rooms
    • lighting
    • mirrors, vanities and shelves
    • toilet cubicles
    • an accessible toilet with a foldaway baby change table
    • power points adjacent to wet areas
    • lockable shower cubicles
    • hygiene disposal points
    • nonslip flooring.

    Sports to use the oval include rugby league, touch football, soccer and cricket.

    Spectators cheering on their team will also benefit with:

    • three new public toilets (two unisex and one accessible)
    • a new water refill station
    • bike racks
    • a new canteen featuring a digital art wrap highlighting some iconic Canberra images.

    A barbecue area is also close by. It is securely caged off to allow storage and for groups to cook the traditional fundraiser brunches and lunches.

    “These enhancements will significantly improve the experience for our players, volunteers and the entire community, fostering a more welcoming, inclusive and comfortable environment for everyone in our club,” Belconnen United Sharks Junior Rugby League Club President Matt Brown said.

    “As all sports, including the great game of rugby league, look to continue to grow female participant numbers in community sports, having more dedicated change rooms enhances our ability to make everyone feel welcome, valued and respected as they engage in junior sports in large part thanks to our new and upgraded facilities.”

    Cricket ACT is pleased to see the upgrade works completed.

    “For cricket in the Territory to continue on its current nation-leading trajectory of growth, we need to ensure male and female players of all abilities are able to compete in the best possible facilities, and we’re excited to see what impact these and other facility improvements around the region will have on our great game,” Cricket ACT Territory Infrastructure Manager Lauren Coates said.

    The Australian Cricket Infrastructure Fund made possible through Cricket Australia. Cricket ACT also helped to contribute to the upgrades to the pavilion with $25,000.

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    MIL OSI News –

  • MIL-OSI Australia: New provider for Chifley Health and Wellbeing Hub

    Source: Northern Territory Police and Fire Services

    Equipd Allied Health will re-open an upgraded facility from August.

    The Chifley Health and Wellbeing Hub will re-open to the community from 1 August 2024 with an extensive range of clinical services for National Disability Insurance Scheme (NDIS) and Department of Veteran Affairs (DVA) community members.

    From 1 September 2024, gym and wellbeing services will commence.

    A new provider, Equipd Allied Health, will manage the upgraded facility.

    Investing in a unique service

    The ACT Government has invested over $470,000 towards new equipment and upgrades to the facility, with

    • $350,000 for a range of training, weights, strength and conditioning and wellness equipment
    • $123,000 for a new clinical treatment room, new carpet and all-purpose gym flooring and improvements to the facility.

    Equipd Allied Health will provide dedicated services and comprehensive care and wellbeing to community members and wellbeing for people of all abilities.

    Canberrans with health conditions or impairments, older people with chronic pain or requiring rehabilitation can rely on tailored allied health care to meet their needs.

    Clinical services

    Clinical services will be available for Hub members from 1 August 2024.

    Services will be improved by:

    • a new clinical treatment room
    • new testing equipment
    • exercise and resistance training equipment for National Disability Insurance Scheme (NDIS) and Department of Veteran Affairs (DVA) community members.

    Gym services

    Gym services will re-open from 1 September 2024.

    These include member access to:

    • new cardiovascular training equipment
    • pin-loaded fixed weights and strength equipment
    • free weights
    • balance balls
    • yoga equipment and accessories.

    Members can expect to see new and familiar faces among the staff.

    Continuity for community

    Equipd Allied Health aims to ensure there is continuity for previous members.

    Future members can expect a modern, fit-for-purpose environment that supports their health and wellbeing.

    “We are dedicated to supporting the most vulnerable members of our community and fostering genuine connections through compassionate care, professional excellence, and evidence-based practices,” Dylan Grubb of Equipd Allied Health said.

    “Our number one goal as health professionals is managing risk in an exercise setting and we have clinical equipment coming that will ensure gold standard of care.”

    More information will become available at equipdalliedhealth.com.au.

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    MIL OSI News –

  • MIL-OSI Australia: New Community Services Hub for Woden

    Source: Northern Territory Police and Fire Services

    The hub will feature a child and family services and other community services.

    A new Community Services Hub will be built in Woden.

    The proposed location is on Callam Street, opposite the new CIT Campus Woden and with easy access to public transport connections and public carparking.

    The new Hub will centralise community and government services under one roof.

    Currently, Woden Community Service operates from three buildings in the region. Canberrans need to travel between them for the services they require.

    Bringing services together in one place will ensure residents can get the support they need, efficiently and effectively.

    This new four-storey facility will also offer much needed community accessible spaces in the Woden Town Centre such as meeting rooms, a multi-purpose hall and workshop spaces.

    Once complete, the Hub will be part of a revitalised Woden Town Centre.

    The project will also create more jobs in the construction industry.

    Construction is expected to commence in 2026–27.

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    MIL OSI News –