NewzIntel.com

Category: Australia

  • MIL-OSI Australia: Tasmania Police releases annual complaints data

    Source: Tasmania Police

    Tasmania Police releases annual complaints data

    Thursday, 13 February 2025 – 2:17 pm.

    In line with our commitment to accountability, Tasmania Police has today published its annual report on complaints against police.The Professional Standards Complaints and Outcomes 2024 report details the type of complaint, findings and outcomes of Level 2 and 3 complaints made against police in 2024.In 2024, a total of 194 complaints from members of the public were received, a decrease from 325 in 2023.A total of 166 internally raised matters were received in 2024, compared with 94 in 2023.“Tasmania Police already reports annually through the Report on Government Services in terms of complaints against police. Last week we saw Productivity Commission data that reported Tasmania Police to be the most likely to be regarded as professional, to treat people fairly and equally, and be honest, than any other jurisdiction,” Deputy Commissioner Jonathan Higgins said.“Looking at the Professional Standards figures for 2024, I recognise from the thousands of interactions that we have with the community each year, the figure of 194 complaints is comparatively low. But it is vital that all complaints are appropriately responded to, investigated, action taken if required and that we publicly report on these important matters.“The Tasmanian community has high expectations of its policing service, and we are entrusted with significant powers to perform our duties to keep people safe.“When a complaint is made, either by a member of the community or raised internally by another police officer, the community must have confidence that these matters are investigated appropriately and outcomes are publicly available,” said Deputy Commissioner Higgins.“The number of internally raised matters reflects the importance of holding ourselves and our colleagues accountable for behaving in line with our values – Accountability, Integrity, Respect and Support. We’ll continue to build this culture amongst all officers, just as we will continue to welcome feedback from the community we serve.“The Tasmania Police Professional Standards Command investigates internal and external complaints of criminal conduct and breaches of the Code of Conduct, with independent oversight of investigations by the Director of Public Prosecutions, the Integrity Commission and the Ombudsman as appropriate, in addition to reporting to the Office of the Independent Regulator.“Tasmania Police strives for excellence in serving the community. Ongoing reflection and improvement and is important, and in many cases, the response to a complaint or feedback will include an opportunity for professional development or learning through verbal guidance to staff.”Members of the community can provide feedback or compliments on Tasmania Police’s performance at any time via the Tasmania Police website. Go to https://www.police.tas.gov.au/about-us/compliments-and-complaints/The Professional Standards report is available here: https://www.police.tas.gov.au/information-disclosure/

    MIL OSI News –

  • MIL-OSI New Zealand: ACT welcomes reforms to respect fishers

    Source: ACT Party

    Welcoming the Oceans and Fisheries Minister’s announcement of reforms to the Fisheries Act, ACT Oceans and Fisheries spokesperson Mark Cameron says:

    “Access to healthy fisheries is practically a Kiwi birthright. Our fishers understand this, and they know their livelihoods depend on sustainable practices.

    “Sadly, the fishing sector has been overregulated and stigmatised by landlubbing activists with no idea of practical realities at sea. The anti-fisher agenda was exemplified by Labour’s Fisheries Amendment Bill, which only ACT opposed.

    “Now, fishers have real hope of relief from unnecessary red tape. The new Government has a chance to secure the future of our fisheries while respecting the men and women who work at sea.

    “The focus on improving privacy protections for our fishers is particularly commendable. The use of onboard cameras has helped our understanding of fish stocks and bycatch, but the use of footage must respect privacy and be sensitive to the realities of work at sea.

    “The approach to dealing with discards under the Quota Management System is welcome. The previous penalty regimes were impractical for many in the coastal and commercial fishing fleets, especially considering technological advancements and efforts made to minimise bycatch. We need a more practical application of the law that encourages investment and innovation within the industry.

    “I encourage all fishers to engage with this consultation process. It’s about securing provincial livelihoods and our nation’s economic future. Let’s ensure these reforms truly support the backbone of our seafood industry, providing the certainty and support needed for future growth.”

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Growing the economy means shrinking the Government

    Source: ACT Party

    “The Government’s Going for Growth agenda shows New Zealand has turned the corner. Governments ignored economic growth, taking wealth for granted and wasting billions until we started feeling poor,” says ACT Leader David Seymour.

    “This Government’s focus on growth is team effort. ACT’s impact can be seen in a number of priority areas.

    “To develop talent, we’ve implemented the attendance action plan, opened the first charter schools, and changed the Accredited Employer Work Visa. We’re removing red tape in Early Childhood Education and continuing reforms to get job seekers into work.

    “For competitive business settings, we’ve repealed so-called ‘Fair Pay Agreements’, extended 90-Day Trials to all businesses, and revoked difficult requirements for accessing credit. We’re leading an inquiry into rural banking practices, reforming health and safety laws, reforming the Holidays Act and Employment Relations Act, conducting sector reviews for regulation of Agricultural and Horticultural Products, and Hairdressing and Barbering, improving Government Procurement Rules, and progressing the Regulatory Standards Bill.

    “To promote global trade and investment, we’re reforming the Overseas Investment Act and have launched a new Minerals Strategy and Critical Minerals List.

    “For innovation, technology and science, we’re liberalising genetic engineering laws.

    “To deliver infrastructure for growth, we’re reforming and replacing the Resource Management Act and have established National Infrastructure Funding and Financing Limited. We’re developing the 30-year National Infrastructure Plan, and finalising the first Regional Deal between central and local government.

    The big challenge

    “The big challenge for growth is shrinking the Government part of the economy. There are only two halves to any economy, the public and the private sector, and it’s the private sector that provides the growth.

    “Every dollar taxed to fund the public sector is a dollar a consumer can’t spend, or a business can’t reinvest in new jobs. Business is about taking risk, every percentage point taken in tax makes it less rewarding when the risks work out. Rational people invest less when taxes are higher.

    “In that sense, the Government still has a big hill to climb, and it’s the mountain of waste left by the last Government. Pre-COVID, government spending amounted to 28 per cent of the economy, now it is 34. The Government must be relentless in reducing its spending.

    “It is not only taxing and spending that holds people back, but regulating. Every compliance fee, every delay waiting for Government permission is a cost put on business. Like taxes, regulations drain the energy from business.

    “That’s why it’s essential that the Government cuts red tape at every opportunity. We must run the ruler over rules that don’t make sense, then delete them. The commitment to passing the Regulatory Standards Bill is a landmark shift in the battle against red tape in favour of wealth and innovation.

    “I’m proud of ACT’s contributions to this Government, especially the many contributions in this plan. For the first time in decades, we have a Government where it’s understood that Government activity and private activity compete for time and money. To grow the economy, we must shrink the Government.”

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Wanted: Young tradie to take ACT MP’s seat in Youth Parliament

    Source: ACT Party

    ACT MP Cameron Luxton – Parliament’s only LBP builder – is on a mission to find a young tradie to take his seat in this year’s Youth Parliament.

    “Tradies and practical people are underrepresented in politics, and that includes Youth Parliament,” says Mr Luxton.

    “If you’re on the path to university, good luck, but you’re not what I’m looking for. We’ve got enough academics and lawyers in politics already.

    “I’m looking for a young person who’s already in work, paying tax and offering practical skills to the world in exchange for an honest wage.

    “Whether you’ve left school early to take up an apprenticeship, or you’re working at a building site on the weekend, I hope you’ll send me a letter of introduction at [email protected].”

    Youth Parliament is held every three years and is an opportunity for young New Zealanders to learn about democracy and have their voices heard.

    Young people aged 16 to 18 years (as at Friday 28 February 2025) are eligible to apply.

    The programme will run from 28 April to 29 August, with the two-day event taking place on 1 and 2 July at Parliament in Wellington.

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: NZ banks should follow Macquarie’s lead, ditch the climate cabal

    Source: ACT Party

    ACT Rural Communities spokesperson Mark Cameron is renewing calls for Kiwi banks to leave the Net Zero Banking Alliance in the wake of the withdrawal of Australia’s Macquarie Group.

    “First it was the big American banks, then Canada’s banks, and now Macquarie Group is the first of the big Australian banks to pull out of the alliance, with pressure mounting on other Aussie banks to do the same.

    “The Net Zero Banking Alliance was set up to change lending practices for the sake of climate goals. But there’s been a political sea change and the appetite for woke banking has disappeared. If the banks think punishing farmers and miners is necessary to satisfy a political agenda, they’re mistaken, and it’s time that message got through.

    “If there was previously a commercial advantage for banks to join the alliance, that advantage is fading fast as one bank after another gets out. The longer New Zealand’s banks and their parent companies remain in the UN’s cabal of banking wokery, the more out of touch they look.

    “As part of the inquiry into banking practices I’m leading alongside Cameron Brewer, we’ve called the four biggest banks back to answer more questions. The inquiry has unearthed deep concerns, especially from rural communities, over the debanking of legitimate sectors and a perceived unequal playing field between town and country.

    “I will be asking what is driving banks to act in this way. It would be concerning if the actions of the government through international agreements or through the way we regulate at home is encouraging banks to move beyond commercial incentives and punish rural communities.

    “ACT continues to question the role of regulation in anti-farmer, anti-miner banking practices. The Financial Markets Authority imposes emissions reporting requirements on banks. We warned in 2021 that these rules would impact loans on farmers, and we still have that concern.”

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Wānaka McDonald’s saga exposes bureaucratic barriers

    Source: ACT Party

    Responding to news that the resource consent for a McDonald’s in Wānaka has been declined, ACT Environment spokesperson Cameron Luxton says:

    “A legitimate business has been blocked from investing, hiring locals, and selling products to willing buyers. This is an economic own-goal for Wānaka, and it shows how our planning regime stifles development.

    “McDonald’s spent a year of time and resource fighting bureaucracy and bureaucratic NIMBYism while offering to make major compromises. We’re meant to be going for growth, but you have to wonder why anyone wanting to build or expand a business would even bother when this is the potential outcome.

    “Clearly there was demand for a McDonald’s, but would-be customers now miss out because noisy opponents were able to weaponise a planning regime that is hostile to development.

    “We’ve all got opinions on McDonald’s, but no-one is forced to buy a Big Mac. As far as the law is concerned, what ought to matter is that the building is sturdy, the food is safe, and the property rights of neighbours aren’t impacted. The opinions of lobby groups, busybodies, and would-be competitors shouldn’t come into it.

    “My colleague Simon Court is working to replace the Resource Management Act with a system that respects property rights. That means letting people build, and letting people enjoy the products and services of their choice. This can’t come soon enough.

    “This saga also highlights a failure in the culture of our health authorities. The National Public Health Service spent precious resources opposing this restaurant. That’s not democracy, it’s wasteful bureaucratic interference.”

    MIL OSI New Zealand News –

  • MIL-Evening Report: Civicus Monitor criticises PNG use of cybercrime law to curb free speech

    Pacific Media Watch

    Papua New Guinea’s civic space has been rated as “obstructed” by the Civicus Monitor and the country has been criticised for pushing forward with a controversial media law in spite of strong opposition.

    Among concerns previously documented by the civil rights watchdog are harassment and threats against human rights defenders, particularly those working on land and environmental rights, use of the cybercrime law to criminalise online expression, intimidation and restrictions against journalists, and excessive force during protests.

    In recent months, the authorities have used the cybercrime law to target a human rights defender for raising questions online on forest enforcement, while a journalist and gender-based violence survivor is also facing charges under the law, said the Civicus Monitor in its latest report.

    The court halted a logging company’s lawsuit against a civil society group while the government is pushing forward with the controversial National Media Development law.

    Human rights defender charged under cybercrime law
    On 9 December 2024, human rights defender and ACT NOW! campaign manager Eddie Tanago was arrested and charged by police under section 21(2) of the Cybercrime Act 2016 for allegedly publishing defamatory remarks on social media about the managing director of the PNG Forest Authority.

    Tanago was taken to the Boroko Police Station Holding cell and released on bail the same afternoon. If convicted he could face a maximum sentence of 15 years’ imprisonment.

    ACT NOW is a prominent human rights organisation seeking to halt illegal logging and related human rights violations in Papua New Guinea (PNG).

    According to reports, ACT NOW had reshared a Facebook post from a radio station advertising an interview with PNG Forest Authority (PNGFA) staff members, which included a photo of the managing director.

    The repost included a comment raising questions about PNGFA forest enforcement.

    Following Tanago’s arrest, ACT NOW said: “it believes that the arrest and charging of Tanago is a massive overreach and is a blatant and unwarranted attempt to intimidate and silence public debate on a critical issue of national and international importance.”

    It added that “there was nothing defamatory in the social media post it shared and there is nothing remotely criminal in republishing a poster which includes the image of a public figure which can be found all over the internet.”

    On 24 January 2025, when Tanago appeared at the Waigani Committal Court, he was instead charged under section 15, subparagraph (b) of the Cybercrime Act for “identity theft”. The next hearing has been scheduled for February 25.

    The 2016 Cybercrime Act has been used to silence criticism and creates a chilling effect, said Civicus Monitor.

    The law has been criticised by the opposition, journalists and activists for its impact on freedom of expression and political discourse.

    Journalist and gender activist charged with defamation
     Journalist and gender activist Hennah Joku was detained and charged under the Cybercrime Act on 23 November 2024, following defamation complaints filed by her former partner Robert Agen.

    Joku was charged with two counts of breaching the Cybercrimes Act 2016 and detained in Boroko Prison. She was freed on the same day after bail was posted.

    Joku, a survivor of a 2018 assault by Agen, had documented and shared her six-year journey through the PNG justice system, which had resulted in his conviction and jailing in 2023.

    On 2 September 2024, the PNG Supreme Court overturned two of three criminal convictions, and Agen was released from prison.

    On 4 and 15 September 2024, Joku shared her reactions with more than 9000 followers on her Meta social media account. Those two posts, one of which featured the injuries suffered from her 2018 assault, now form the basis for the current defamation charges against her.

    Section 21(2) of the Cybercrimes Act 2016, which has an electronic defamation clause, carries a maximum penalty of up to 25 years’ imprisonment or a fine of up to one million kina (NZ$442,000).

    The Pacific Freedom Forum (PFF) expressed “grave concerns” over the charges, saying: “We encourage the government and judiciary to review the use of defamation legislation to silence and gag the universal right to freedom of speech.

    “Citizens must be informed. They must be protected.”

    Court stays logging company lawsuit against civil society group
     In January 2025, an injunction issued against community advocacy group ACT NOW! to prevent publication of reports on illegal logging has been stayed by the National Court.

    In July 2024, two Malaysian owned logging companies obtained an order from the District Court in Vanimo preventing ACT NOW! from issuing publications about their activities and from contacting their clients and service providers.

    That order has now been effectively lifted after the National Court agreed to stay the whole District court proceedings while it considers an application from ACT NOW! to have the case permanently stayed and transferred to the National Court.

    ACT NOW! said the action by Global Elite Limited and Wewak Agriculture Development Limited, which are part of the Giant Kingdom group, is an example of Strategic Litigation Against Public Participation (SLAPP).

    “SLAPPs are illegitimate and abusive lawsuits designed to intimidate, harass and silence legitimate criticism and close down public scrutiny of the logging industry,” said Civicus Monitor.

    SLAPP lawsuits have been outlawed in many countries and lawyers involved in supporting them can be sanctioned, but those protections do not yet exist in PNG.

    The District Court action is not the first time the Malaysian-owned Giant Kingdom group has tried to use the legal system in an attempt to silence ACT NOW!

    In March 2024, the court rejected a similar SLAPP style application by the Global Elite for an injunction against ACT NOW! As a result, the company discontinued its legal action and the court ordered it to pay ACT NOW!’s legal costs.

    Government pushes forward with controversial media legislation
     The government is reportedly ready to pass legislation to regulate its media, which journalism advocates have said could have serious implications for democracy and freedom of speech in the country.

    National Broadcasting Corporation (NBC) of PNG reported in January 2025 that the policy has received the “green light” from cabinet to be presented in Parliament.

    The state broadcaster reported that Communications Minister Timothy Masiu said: “This policy will address the ongoing concerns about sensationalism, ethical standards, and the portrayal of violence in the media.”

    In July 2024, it was reported that the proposed media policy was now in its fifth draft but it is unclear if this version has been updated.

    As previously documented, journalists have raised concerns that the media development policy could lead to more government control over the country’s relatively free media.

    The bill includes sections that give the government the “power to investigate complaints against media outlets, issue guidelines for ethical reporting, and enforce sanctions or penalties for violations of professional standards”.

    There are also concerns that the law will punish journalists who create content that is against the country’s development objectives.

    Organisations such as Transparency International PNG, Media Council of PNG, Pacific Freedom Forum, and Pacific Media Watch/Asia Pacific Media Network among others, have asked for the policy to be dropped.

    The press freedom ranking for PNG dropped from 59th place to 91st in the most recent index published by Reporters without Borders (RSF) in May 2024.

    Civicus Monitor.

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI USA: Chairman Capito Questions CCUS Leaders on USE IT Act Implementation, CCUS Project Permitting

    US Senate News:

    Source: United States Senator for West Virginia Shelley Moore Capito

    [embedded content]

    To watch Chairman Capito’s questions, click here or the image above.

    WASHINGTON, D.C. – Today, U.S. Senator Shelley Moore Capito (R-W.Va.), Chairman of the Senate Environment and Public Works (EPW) Committee, led a hearing on advancing carbon capture, utilization, and sequestration (CCUS) technologies, and examining the implementation of the Utilizing Significant Emissions with Innovative Technologies Act or USE IT Act.

    During the hearing, Chairman Capito questioned Kevin Connors, Assistant Director for Regulatory Compliance and Energy Policy at the Energy and Environmental Research Center; Dan Yates, Executive Director of the Ground Water Protection Council; and Jack Andreasen Cavanaugh, Manager of Carbon Management, U.S. Policy and Advocacy at Breakthrough Energy. In her questions, Chairman Capito asked about the pace of USE IT Act implementation, how to improve the permitting process for CCUS projects, and the importance of bipartisanship in these efforts. 

    HIGHLIGHTS:

    USE IT ACT TASK FORCES: “The USE IT Act was signed in 2020. I also alluded to the two CCUS Permitting Task Forces that have been established, one for federal lands, and one for non-federal lands. I’m interested to know…now that these Task Forces have been chartered and are operating, do you believe that will make an impact on identifying opportunities to improve the permitting, through these Task Forces, as the law requires?”

    NEED FOR RELIABLE ENERGY: “We have a repeating theme here, and I mentioned it in my in my opening statement of the reliabilities, because not only is this an intensive process, the process we see on AI and other things are putting great pressures on our potential for providing electricity for all of this.”

    PERMITTING IS KEY: “The key to all of this, and it’s not the only key, but it’s the key to every one of these projects, is a permitting process that you can move along. You can’t permit a nuclear plant, you can’t permit a pipeline, you can’t permit a transmission line. You’re sort of, at every point of the project, all hands point to permitting, and so any help that you can give us with permitting, Class VI, and those pipelines, I think, will cross benefit all projects.”

    IMPORTANCE OF BIPARTISANSHIP FOR PERMITTING AND CCUS: “As Senator Whitehouse said, this is going to be a bipartisan push. It’s the only way to do it effectively, to get it into legislation, because we see what happens with the regulatory environment, as the shifts of Administrations go from one to the other at the federal level.”

    Click HERE to watch Chairman Capito’s opening statement.

    Click HERE to watch Chairman Capito’s questions.

    MIL OSI USA News –

  • MIL-OSI Australia: ACCC welcomes passage of world-first scams prevention laws

    Source: Australian Competition and Consumer Commission

    The ACCC welcomes the passage of the Scams Prevention Framework Bill in Parliament today.

    This world-first legislation enhances protections across the economy by setting out consistent and enforceable obligations for businesses in key sectors where scammers operate.

    “The financial crime type, scams, present an unacceptable threat to the Australian community and have had a devastating impact on hundreds of thousands of Australians,” ACCC Deputy Chair Catriona Lowe said.

    “This Bill is a critical step in the fight against scams – creating overarching principles that all members of designated sectors must comply with.  We know scammers will exploit weak links in the system – so these principles are key to a consistent approach.”

    Under the new legislation, the ACCC will closely monitor regulated entities’ compliance with principles to prevent, detect, disrupt, respond to and report scams.

    The Scams Prevention Framework empowers the ACCC to investigate potential breaches and take enforcement action where entities do not take reasonable steps to fulfill their obligations under these principles.

    Businesses that do not meet their obligations under the Framework can face fines up to $50 million.

    “Individuals have been bearing the brunt of the responsibility to combat scammers for too long,” Ms Lowe said.

    “While the steps taken by some organisations over the last few years are welcomed, the Framework provides the opportunity for joint effort across government and industry to develop solutions to scam challenges and for consumers to access meaningful redress.”

    “Importantly, the Framework enables consumers to seek redress from regulated businesses when those businesses have not met their obligations,” Ms Lowe said.

    Banks, certain digital platforms, including social media, and telecommunications providers will be the first sectors required to comply with the legislation.

    The ACCC is a strong supporter of mandatory industry scams codes and, through the National Anti-Scam Centre, has already begun preparing incrementally for the Framework.

    “In reaching this important milestone, we acknowledge that there is considerable work ahead to implement the Framework, including the formal designation of sectors, development of sector codes, consumer and industry guidance,” Ms Lowe said.

    “We will continue to work closely with government, fellow regulators, industry and community agencies to make sure these elements of the Framework work for all stakeholders, most especially consumers.”

    Background

    The ACCC runs the National Anti-Scam Centre, which commenced on 1 July 2023, and Scamwatch service. The National Anti-Scam Centre is a virtual centre that sits within the ACCC and brings together experts from government, law enforcement and the private sector, to disrupt scams before they reach consumers.

    The National Anti-Scam Centre analyses and acts on trends from shared data and raises consumer awareness about how to spot and avoid scams.

    The ACCC, through the National Anti-Scam Centre, has already been partnering with stakeholders across the scams ecosystem to share intelligence and information to detect and disrupt scams on a voluntary basis. The Framework will significantly boost the contributions from industry and require designated businesses to share scam intelligence with the ACCC. 

    The new Scams Prevention Framework will be critical to cutting off scammers before they can reach Australians.

    Under the Framework, the ACCC will also enforce the digital platforms sector scams code and will take enforcement action where digital platforms breach their obligations under this code.

    The Australian Securities and Investments Commission will be the regulator for the banking sector code and the Australian Communications and Media Authority will be the regulator for the telecommunications sector code. Regulators have in place processes to work together to help ensure the right action by the right regulator at the right time.

    The ACCC supports the establishment of a single external dispute resolution body under the new Framework and looks forward to working with the Australian Financial Complaints Authority (AFCA).

    The ACCC’s submissions to the Treasury Exposure Draft, which includes further analysis of the reform can be found online.

    How to spot and avoid scams

    STOP – Don’t give money or personal information to anyone if you’re unsure. Scammers will create a sense of urgency. Don’t rush to act. Say no, hang up, delete.

    CHECK – Ask yourself could the call or text be fake? Scammers pretend to be from organisations you know and trust. Contact the organisation using information you source independently, so that you can verify if the call is real or not.

    PROTECT – Act quickly if something feels wrong. Contact your bank immediately if you lose money. If you have provided personal information call IDCARE on 1800 595 160. The more we talk the less power they have. Report scams to the National Anti-Scam Centre’s Scamwatch service at scamwatch.gov.au when you see them.

    MIL OSI News –

  • MIL-Evening Report: Antarctic research has long been hamstrung by reliance on one icebreaker and sporadic funding. That might be about to change

    Source: The Conversation (Au and NZ) – By Jane Younger, Lecturer in Southern Ocean Vertebrate Ecology, Institute for Marine and Antarctic Studies, University of Tasmania

    Australia’s Antarctic territory represents the largest sliver of the ice continent. For decades, Australian scientists have headed to one of our three bases – Mawson, Davis and Casey – as well as the base on sub-Antarctic Macquarie Island, to research everything from ecology to climate science.

    But despite our role as leaders in Antarctic science, Australian funding and logistics for Antarctic research hasn’t kept pace. Our single icebreaking vessel spends most of its time on resupply missions, restricting its use for actual science. And funding is often piecemeal, which makes it hard to plan the complex, multi-year efforts it takes to do research down on the ice.

    This week, we saw a welcome change. The federal parliamentary committee on Australia’s external territories delivered a report calling for a second icebreaking vessel and more reliable funding. It also urged the government to progress work on marine protected areas in east Antarctica as well as resume fishing patrols, due to concern over illegal or exploitative fishing.

    These measures are long overdue. For those of us who work and study on the ice continent, logistics and funding have long been a challenge. Illegal fishing in Antarctica must be stamped out, and a second vessel would support our ambitious, world-leading science.

    Why is Antarctic science so important?

    Antarctica is often out of sight, out of mind for many Australians. But what happens on the ice doesn’t stay there.

    For climate science, Antarctica matters a great deal. For decades, much of the concern about melting ice focused on the Arctic and Greenland, while Antarctica stayed relatively stable. But this is now changing. Sea ice is melting more quickly than in the past. Glacial ice is retreating. Increased melting will affect sea level rise and ocean currents.

    I study diseases such as the lethal strain of bird flu which has devastated bird and some mammals populations around the world. It recently reached Antarctica, where it killed large numbers of penguins, skuas, crabeater seals and more. I saw the devastation myself on my recent journey there.

    If this strain makes it to Australia – the last continent free of it – it could come from the south and devastate both Australian wildlife and poultry.

    To study these large and important changes, we need to be down there on the ice. It’s not an easy task. Keeping our bases functional means we need regular resupply missions. Repairs and extensions require tradies. Scientists and other workers need to be brought home.

    Antarctic science has long relied on just one vessel, now the RSV Nuniya, which the Australian Antarctic Division describes as the “main lifeline to Australia’s Antarctic and sub-Antarctic research stations and the central platform of our Antarctic and Southern Ocean scientific research”.

    The problem is, resupply can trump science. After all, no one wants bases running short of food or fuel. This is, in fact, what the Nuniya is largely doing.

    Australia’s role is key

    The Australian Antarctic Territory represents about 40% of the ice continent – the largest territory by far.

    Territory, here, doesn’t mean exclusive rights. In 1959, 12 nations with a scientific interest in the ice continent signed the Antarctic Treaty. This treaty was an agreement that Antarctica – the only landmass with no indigenous human presence – would be reserved for peaceful, scientific purposes.

    But in recent years, this treaty has come under pressure. Nations such as Norway and China have expanded fishing operations for krill. Illegal and unregulated fishing from various nations continues.

    The report recommends the Australian government continue efforts to establish a marine protected area off East Antarctica – where fishing would be restricted – as well as reopening fishing patrols. China – which recently opened its fifth Antarctic base – is opposed to the idea of fishing-free zones and is pushing to expand fishing in the Southern Ocean.

    Under Antarctica’s ice lie many resources. Mining is banned in Antarctica until 2048. What happens after that is uncertain. The race to tap critical minerals in Greenland signals what may lie ahead for Antarctica.

    This is why Australia’s leadership in Antarctic science matters. Australia was an original signatory to the Antarctic Treaty, and has a long history of exploration and science. Hobart has long been the home of Australia’s Antarctic vessels.

    As Antarctica changes, Australian scientists must be there to analyse, understand and report back. To do that, improvements are needed, including new vessels and longer-term funding. This report is the first step.

    The government is yet to formally respond to the report’s recommendations. Let’s hope it takes heed of the findings.

    Jane Younger receives funding from the Australian Research Council, WIRES Australia, the Geoffrey Evans Trust and the National Geographic Society.

    – ref. Antarctic research has long been hamstrung by reliance on one icebreaker and sporadic funding. That might be about to change – https://theconversation.com/antarctic-research-has-long-been-hamstrung-by-reliance-on-one-icebreaker-and-sporadic-funding-that-might-be-about-to-change-249714

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: ‘A house battery you can drive around’: how a handful of Australians are selling power from their cars back to the grid

    Source: The Conversation (Au and NZ) – By Scott Dwyer, Research Director, Energy Futures, University of Technology Sydney

    24K-Productions

    Our cars sit unused most of the time. If you have an electric vehicle, you might leave it charging at home or work after driving it. But there’s another step you could take. If you have a bidirectional charger, you can set it to sell power back to the grid when demand is high.

    Fewer than ten people across Australia actually do this, because the technology – known as Vehicle-to-Grid (V2G) – is very new. To date, it only works with a single car model (Nissan LEAF) and a single charger (Wallbox Quasar 1). We’ve estimated the number of users based on sales of this charger. The chargers are expensive and there’s a thicket of regulations to navigate.

    But that could soon change. Last year, Climate Change Minister Chris Bowen announced new Australian standards and communications protocols for bidirectional chargers in a bid to make it mainstream. Cheaper EVs and bidirectional chargers will make this more appealing.

    If it takes off, V2G could become extremely useful to the power grid as a way to release power as required and stabilise the grid against fluctuations.

    This week, Australia’s renewable energy agency released a V2G roadmap, which notes widespread uptake could “materially reduce electricity costs for consumers and accelerate national emissions reduction”.

    To understand why people are using the technology and the challenges to do so, we interviewed five early adopters from New South Wales and South Australia. Our findings are released today.

    A bidirectional charger is necessary to sell power back to the grid.
    doublelee/Shutterstock

    Setting up V2G isn’t easy

    Our interviewees reported a long, complex journey to set up V2G. These early adopters had no playbook to follow, so the process was one of trial and error.

    Some relied on professional networks or social media groups to gather information. They spent significant time and energy finding electricians, installers and charger manufacturers to set up their systems. Strata approvals were required. They also had to negotiate with power retailers and distributors.

    Delays were common, especially when seeking approval from the energy distributor. Some interviewees reported delays of months to years.

    Most interviewees had experience in a technical field such as engineering or technology. Some reported a significant learning curve, while others using new software from their retailer reported a smoother “set and forget” process.

    So why do it? Our interviewees had several reasons, ranging from getting the most out of expensive assets (solar and the EV) to offsetting power bills entirely.

    Four out of five interviewees reported making a small profit of about A$1,000 annually instead of a bill. Many wanted to be able to reduce dependence on the grid and reduce their environmental impact.

    As one told us:

    you originally think of it as a car you can also use to power your house. [But actually] it’s a house battery you can drive around.

    Maximising savings

    Typically, our interviewees plugged their car in at home during the day to charge from their rooftop solar. In the evenings when power prices peaked, they used an app to sell power back to the grid. This maximised their cost savings for charging the car battery and their earnings from the grid.

    For instance, a V2G user was alerted by their energy retailer that power prices had spiked to over $20 per kilowatt hour – far above normal rates of 25–45 cents. They immediately set their car and home battery to sell power back to the grid. In two hours, they sold 28 kilowatt hours of power to the grid and made more than $560. As they told us: “I look forward to more such events.”

    Our interviewees often monitored energy prices, solar output and car battery levels to optimise their output. To avoid their EV battery getting too low, they set a lower limit – say 30% of charge – after which their car would stop exporting power.

    This photo shows the setup of one of our early adopter interviewees. Pictured is the Nissan LEAF and bidirectional charger. For years, this has been the only car model compatible with vehicle to grid, but this is set to change.
    Author provided, CC BY-NC-ND

    Is there a downside?

    One of the main reasons people are sceptical of V2G is due to concern about accelerated degradation of the battery.

    This is a common concern. But to date, there’s no consensus showing V2G shortens the battery life of EVs significantly. One recent study shows it increases degradation by 0.3% a year. But another showed V2G might actually extend battery life in some scenarios.

    Last year, we surveyed more than 1,300 members of a motoring organisation about their view of V2G technology. We found battery warranty was a bigger concern than battery life. This is because most EV manufacturers other than Nissan don’t mention V2G in their battery warranties, leading drivers to believe they might void their warranty by using V2G.

    Awareness of V2G technology is growing. The survey also found almost 40% of respondents were very or somewhat familiar with V2G, a jump from the 17% who reported familiarity in 2022. Among EV owners, almost 90% reported knowledge of the concept.

    Moving beyond early adopters

    For V2G to go mainstream, the process must be much simpler, cheaper and easier to set up.

    To accelerate uptake, reliable, accessible information is essential.

    Expanding government incentive programs to include bidirectional chargers would cut the upfront cost and make it more accessible.

    Even within the EV supply chain, knowledge of V2G is limited. Car dealerships will need to know which models work with V2G.

    Electricians may need specific training to install and maintain these chargers.

    EVs are falling in price as manufacturers vie for market share and cheaper options become available. V2G capabilities might help boost sales for competing car companies.

    As more motorists switch to EVs, interest in V2G will increase. While V2G can boost the appeal of EVs, there are others, such as Vehicle-to-Home (using your car to power your home during blackouts or to save money) and Vehicle-to-Load (using your EV to run power tools or appliances).

    Each of these can help consumers get more value from the vehicles parked in driveways and garages.

    Scott Dwyer receives funding from iMOVE Australia Cooperative Research Centre and the NRMA for this project.

    Scott Dwyer receives funding from iMOVE Australia Cooperative Research Centre and the NRMA for this project.

    Kriti Nagrath receives funding from iMOVE Australia Cooperative Research Centre and the NRMA for this project.

    – ref. ‘A house battery you can drive around’: how a handful of Australians are selling power from their cars back to the grid – https://theconversation.com/a-house-battery-you-can-drive-around-how-a-handful-of-australians-are-selling-power-from-their-cars-back-to-the-grid-249696

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Australia: NAB welcomes new scam prevention legislation

    Source: National Australia Bank

    NAB today welcomed the passing of the Government’s Scam Prevention Framework (SPF) legislation as a positive step to better protect Australian consumers and businesses.

    NAB Chief Financial Crime Risk Officer Paul Jevtovic said: “What makes Australia’s Scam Prevention Framework world-leading is a laser focus on prevention and stopping the crime from occurring in the first place. We need to shut Australia’s door on the criminals.

    “Scams are a global epidemic and this legislation will help the fight to better protect Australians and make our country a much harder place for these criminals to target.

    “Banks can’t stop dodgy text messages, impersonation phone calls or bogus investment schemes on social media, the same way telcos or social media platforms can’t put added measures around payments.

    “Working together and lifting measures across these sectors we can have a much greater impact on driving scammers out of Australia.

    “We look forward to continued consultation with Government and regulators on the establishment of SPF rules and the industry codes.”

    Customers, banking & finance

    SEE ALL TOPICS

    Media Enquiries

    For all media enquiries, please contact the NAB Media Line on 03 7035 5015

    MIL OSI News –

  • MIL-OSI: Community Hospital Corporation and CarePilot Forge Strategic Partnership Following Successful Pilot of Ambient AI Technology

    Source: GlobeNewswire (MIL-OSI)

    KANSAS CITY, Mo. and PLANO, Texas, Feb. 12, 2025 (GLOBE NEWSWIRE) — CarePilot, a leader in AI-driven medical documentation for community healthcare, today announced a new strategic partnership with Plano, TX based Community Hospital Corporation (CHC) following a successful pilot of CarePilot’s ambient AI technology in several CHC facilities. Under this partnership, CHC plans to deploy and distribute CarePilot’s AI scribe solution across their managed and affiliated hospitals nationwide.

    • CarePilot’s ambient AI technology transforms spoken clinical conversations into comprehensive, structured documentation, enabling clinicians to focus on delivering patient care rather than on administrative tasks. This partnership is expected to streamline clinical workflows and ultimately enhance the patient experience throughout CHC’s extensive network.

    “We’re excited to work with CarePilot to bring AI to community health care and improve the experience for our patients and providers,” said Joe Ford, Regional Vice President of Information Technology at CHC.

    CHC is renowned for its support of community-based hospitals nationwide. The organization is either directly responsible for or supports the day-to-day operations of 23 hospitals across the country.  Additionally, CHC Consulting, CHC IT management, Telecom and Supply chain programs extend its influence to over 200 network hospitals. This broad reach positions CHC as a pivotal force in enhancing community health care delivery across diverse regions. By integrating CarePilot’s AI solution, the partnership aims to reduce administrative burdens on clinicians, optimize clinical documentation, and foster more meaningful interactions between healthcare providers and their patients.

    “We’re committed to bringing cutting-edge technology to rural and community hospitals. Our collaboration with CarePilot and their ambient AI platform is a testament to that commitment. By automating documentation in ambulatory, ED, and inpatient settings, and ensuring seamless compatibility with various EHRs, we’re not only improving operational efficiency, but also making this advanced technology accessible to our dedicated healthcare professionals, ultimately driving better patient outcomes in the communities we serve.”

    About CarePilot
    CarePilot is at the forefront of AI-driven documentation solutions for community healthcare. Its cutting-edge AI scribe technology converts clinical conversations into detailed clinical notes, reducing the administrative burden on providers and allowing them to focus on what truly matters—patient care. Designed for seamless integration into existing clinical workflows, CarePilot’s solution is transforming the landscape of clinical documentation across community health settings.

    About CHC Community Hospital Corporation
    Community Hospital Corporation owns, manages and consults with hospitals through CHC Hospitals, CHC Consulting and CHC ContinueCARE with the purpose to collaborate with partners and bring innovative solutions to support the vibrancy and accessibility of community healthcare. Based in Plano, Texas, CHC provides the resources and experience community hospitals need to improve quality outcomes, patient satisfaction and financial performance.

    For more information, please visit www.carepilot.com or www.chc.com.

    CONTACT:
    Joseph Tutera, CEO
    sales@carepilot.com
    6550 Sprint Parkway
    Suite 200
    Overland Park, Kansas, 66211, USA

    The MIL Network –

  • MIL-OSI Australia: Climbers rescued from the Totem Pole at Cape Huoy

    Source: Tasmania Police

    Climbers rescued from the Totem Pole at Cape Huoy

    Thursday, 13 February 2025 – 10:52 am.

    Two climbers were rescued from the top of the Totem Pole at Cape Huoy on the Tasman Peninsula overnight.
    “About 6pm last night, Police Search and Rescue were notified that two climbers had become stuck at the top of a feature known as the Totem Pole at Cape Huoy on the Tasman Peninsula,” said Senior Constable Callum Herbert from Police Search and Rescue.
    “The climbers reported that due to high winds their ropes had become entangled and they were unable to reach safety.” 
    “Initial attempts to rescue the climbers by helicopter with deployment of a vertical rescue team was aborted due to high winds.”
    “In partnership with the Climbing Club of Tasmania Vertical Rescue Team, members of Police Search and Rescue and Ambulance Tasmania attempted to gain access to the Totem Pole via nearby cliffs using a police vessel, this was also unsuccessful due to a significant and dangerous swell.”
    “About 11:30pm, rescue teams departed from Fortescue Bay on foot and  found the climbers at the top of the Totem Pole.”
    “Members from the Climbing Club of Tasmania Vertical Rescue Team conducted a complicated vertical rescue of the two climbers. This involved members of the club partially scaling the Totem Pole in wet, dark and windy conditions. After communication and contact was made with the climbers they were secured to rescue ropes, moved to cliffs on the mainland and as dawn broke they were hauled approximately 50 metres to safety.” 
    “The climbers were treated at the scene by a wilderness paramedic but aside from being hungry, tired and cold, they had no injuries.”
    The climbers were from interstate and had reasonable climbing experience.
    “This was a particularly complicated rescue from a sheer sided standing rock 60 metres in the air. It was done at night in cold, wet and windy conditions by a team of dedicated volunteers and they have ours and the climbers heartfelt thanks.”

    MIL OSI News –

  • MIL-OSI United Kingdom: Press release: Government unveils plans for next generation of new towns

    Source: United Kingdom – Prime Minister’s Office 10 Downing Street

    Hundreds of thousands of working people and families will reap the rewards new towns across Britain, as the Prime Minister paves the way for the largest housebuilding programme since the post-war era.

    • Over 100 sites across England have come forward to be considered for next generation of new towns
    • Government on track to create beautiful communities, provide affordable homes, and deliver much needed infrastructure, including schools and nurseries, GP surgeries, and bus routes 
    • By taking on the blockers, 20,000 homes, along with new schools and health facilities, will move forward following government action, and we will now turn to unblock the remaining 700,000 homes across 350 sites 
    • Comes as government rolls out major planning reforms to sweep away the blockers and push through its housebuilding agenda as part of the Plan for Change

    Hundreds of thousands of working people and families will reap the rewards new towns across Britain, as the Prime Minister paves the way for the largest housebuilding programme since the post-war era.

    Visiting a housing development today, the Prime Minister will unveil the government’s plans for the next generation of new towns – well-designed, beautiful communities with affordable housing, GP surgeries, schools and public transport where people will want to live. 

    Over 100 proposals from across every region in England were submitted, showing local areas and housebuilders’ ambition to get on board to build the next generation of new towns – playing their part in getting Britain building and tackling the worst housing crisis in living memory. Every new town will have the potential to deliver 10,000 homes or more. 

    Delivering security is central to this government’s Plan for Change, because the least working people deserve when they graft hard is a secure home. That’s why the government is providing much-needed housing in the right places with the right infrastructure, and the New Towns Taskforce has today set clear principles on what the next generation of new towns will deliver: affordable housing, vital infrastructure and access to open green spaces and nature, to transform the lives of working people. 

    Prime Minister Keir Starmer said:

    For so many families, homeownership is a distant dream. After a decade of decline in housebuilding, the impact is a disconnect between working hard and getting on.

    This is about more than just bricks and mortar. It’s about the security and stability that owning your own home brings. I know what this means for working people – the roof above our head was everything for our family growing up. 

    We’ve already made progress in just seven months, unblocking 20,000 stuck homes. But there’s more to do.

    We’re urgently using all levers available to build the homes we need so more families can get on the housing ladder. We’re sweeping aside the blockers to get houses built, no longer accepting no as the default answer, and paving the way for the next generation of new towns.

    As part of the largest housebuilding programme since the post-war era, our ambitious Plan for Change will transform the lives of working people, once again connecting the basic principle that if you work hard, you should get on.

    Deputy Prime Minister and Secretary of State for Housing, Angela Rayner said:  

    Time and again we are seeing too many new homes stuck or stalled that not only act as a barrier to growth but also has real-world consequences for working people and families who see homeownership as nothing more than a distant dream.  

    I will not run away from the tough choices to fix the housing crisis we inherited that has left thousands of families on housing waiting lists, allowed homelessness to spiral out of control, and stopped an entire generation from picking up the keys to their first home.  

    While our vision for the next generation of new towns is setting the stage for a housebuilding revolution in the years to come, urgent action is needed now to build the homes and infrastructure that our local communities are crying out for. That’s why our New Homes Accelerator is working at pace to find solutions and remove blockages in the system, executing long-lasting solutions to get spades in the ground.  

    Today we are embarking on the next chapter in our Plan for Change to build 1.5 million new homes, deliver the biggest boost in social and affordable housing in a generation, and raise living standards for working people and families across the country.

    For far too long, working people have been let down by a decline in housebuilding. That’s why the government is rolling up its sleeves and is taking on the blockers with major reforms to planning regulation to get Britain building. 

    That work is already underway, with a staggering 20,000 new homes now successfully unblocked by the government’s novel ‘New Homes Accelerator’ programme, which deploys planning expertise to speed up the delivery of housing sites held by unnecessary delays.  

    Areas that have already benefitted from direct government action include:

    • Over 1,000 homes unlocked at Cowley Hill in Liverpool, where an agreement has been reached with the Environment Agency who withdrew its previous objections on both flood risk and biodiversity grounds, subject to planning.
    • And at Wolborough in Devon, the Accelerator has worked with Natural England to help accelerate this development, whilst ensuring environmental improvements are secured. On top of the 1,100 homes the site is injecting £1.75 million towards off-site pedestrian and cycle improvements, playing pitches, bus services and a local travel plan.  

    Housebuilders and local councils have put forward over 350 housing development sites stuck in the system under the previous government – that together could unlock around 700,000 new homes.

    Around a quarter of sites submitted are already receiving government attention since the call for evidence closed in October – demonstrating success of the programme, and local ambition to support the government’s 1.5 million homes target.

    This goes hand-in-hand with government action to overhaul the planning system, supporting the builders and not the blockers, taking the brakes off economic growth, raising living standards, and making the tough decisions to deliver for working people and families. 

    This includes:

    • Publishing a new growth-focused National Planning Policy Framework, which introduced new mandatory for councils to deliver the right homes in the right places, with a combined total of 370,000 homes a year.
    • Introducing the Planning and Infrastructure Bill next month. The Bill will overhaul environmental regulations to no longer accept the failed status quo where bats are more important than trains or newts more important than homes, and remove blockers to fast-track delivery of the homes and infrastructure that local communities need.    

    To get Britain building now – the government today announces plans to fast stream planning through brokering disagreements between the agencies and expert bodies, which by law must be consulted within the planning process. Bodies including National Highways, Natural England and the Environment Agency will need to bring planners and housebuilders to the table and iron out concerns that have been holding back development.

    Responding to sector concerns on pinch points, work stepping up with the Building Safety Regulator to ensure greater timeliness and efficiency when new tall buildings are signed off – to provide more homes for more people.

    This work will be bolstered by extra government funding announced today, including:  

    • £1 million for government agencies, including National Highways, Natural England and the Environment Agency, to speed up the planning approval of new homes and improve feedback to local authorities and industry where required.

    • £2 million to support the Building Safety Regulator to continue improving the processing for new-build applications.

    • Over £3 million of grants for local councils to bolster planning capacity, alongside direct advice and navigate through some of the more complex issues holding up new development.   

    Alongside the Accelerator, the government is also supporting local partners through a clearing service to help accelerate the sale of uncontracted and unsold affordable homes, with nearly 300 housebuilders, local councils and registered providers signing up in the first 50 days of its launch.   

    In December, the government set a clear hierarchy of brownfield first, grey belt second and green belt third. Today, further funding is being injected to drive regeneration and brownfield deliver in the following areas:  

    • £20 million to help transform neglected small-scale council-owned sites into new homes, for areas most in need.

    • Nearly £30 million from the Brownfield Infrastructure and Land Fund in Bradford to transform derelict brownfield sites into a vibrant residential area with 1,000 new homes, three community parks, shops, cafés, restaurants, and offices.

    • £1.5 million to support a regeneration programme at Manchester Victoria North, delivering a new district of 15,000 homes with transport links and green spaces.   

    Getting homes built for working people is a priority and is backed by investment in housing which is increasing to £5 billion for this year, including a top-up of £800 million being injected into the existing Affordable Homes Programme to help deliver tens of thousands of new affordable and social homes across the country.   

    This is in addition to an extra £100 million of cash to bolster local resources with increased planning fees to cover costs and funding to recruit 300 planning officers, making sure councils have the capacity they need to rubberstamp new homes and infrastructure.

    Updates to this page

    Published 13 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI: Precision Drilling Announces 2024 Fourth Quarter and Year End Unaudited Financial Results

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, Feb. 12, 2025 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this news release. This news release contains references to certain Financial Measures and Ratios, including Adjusted EBITDA (earnings before income taxes, gain on acquisition, loss on investments and other assets, gain on repurchase of unsecured senior notes, finance charges, foreign exchange, loss on asset decommissioning, gain on asset disposals and depreciation and amortization), Funds Provided by (Used in) Operations, Net Capital Spending, Working Capital and Total Long-term Financial Liabilities. These terms do not have standardized meanings prescribed under International Financial Reporting Standards (IFRS) and may not be comparable to similar measures used by other companies. See “Financial Measures and Ratios” later in this news release.

    Financial Highlights and 2025 Capital Allocation Plans

    • Revenue in the fourth quarter was $468 million, an 8% decrease from 2023 as activity increases in Canadian drilling, well servicing, and international were more than offset by lower activity and day rates in the U.S.
    • Adjusted EBITDA(1) was $121 million in the quarter and included $15 million of share-based compensation charges, $4 million for rig reactivation costs and $4 million of non-recurring charges. In 2023, fourth quarter Adjusted EBITDA was $151 million and included share-based compensation charges of $13 million.
    • Net earnings attributable to shareholders was $15 million or $1.06 per share in the fourth quarter compared to $147 million or $10.42 per share as net earnings in 2023 included an income tax recovery of $69 million and a gain on acquisition of $26 million.
    • In 2024, we invested $217 million into our fleet and infrastructure, including multiple contracted rig upgrades and the strategic purchase of drill pipe for use in 2025. We expect to invest $225 million into our fleet and infrastructure in 2025, which may fluctuate with activity levels and customer contract upgrade opportunities.
    • For the year ended December 31, 2024, we achieved our annual debt reduction and return of shareholder capital targets, reducing debt by $176 million and repurchasing $75 million of common shares while building cash by $20 million. Precision has consistently met or exceeded its capital allocation goals since implementation in 2016.
    • For 2025, we expect to reduce debt by at least $100 million in 2025 and have increased our long-term debt reduction target to $700 million and extended our debt reduction period to 2027. In 2025, we plan to increase direct shareholder returns to 35% to 45% of free cash flow, before debt repayments. To the extent excess cash is generated these allocations may be increased.

    Operational Highlights

    • Demand for our services continues to be strong and in 2024 our Canadian and international drilling rig utilization days increased 12% and 37%, respectively, while our well servicing rig operating hours increased 26% over 2023.
    • In the fourth quarter, Canada’s activity averaged 65 active drilling rigs versus 64 in the same quarter last year. Our Super Triple and Super Single rigs remain in high demand and are nearly fully utilized. Canadian revenue per utilization day was $35,675, up from $34,616 in the fourth quarter of 2023.
    • Our U.S. activity has remained relatively consistent since mid-2024. We averaged 34 drilling rigs in the fourth quarter with revenue per utilization day of US$30,991 versus 45 drilling rigs at US$34,452 in 2023’s fourth quarter.
    • International activity increased 6% over the same period last year while revenue per utilization day was US$49,636 compared to US$49,872 in the fourth quarter of 2023.
    • Service rig operating hours in the fourth quarter totaled 59,834, representing a 6% increase over the same quarter last year partially driven by the CWC Energy Services Corp. (CWC) acquisition in November of 2023.

    (1) See “FINANCIAL MEASURES AND RATIOS.”

    MANAGEMENT COMMENTARY

    “Through 2024 Precision demonstrated remarkable market resilience despite weaker than expected U.S. customer demand and late year customer budget exhaustion in Canada. We continued our long-term record of meeting or exceeding our capital allocation targets every year since 2016 with $176 million of debt reduction, $75 million of share buybacks, while increasing our cash balance by $20 million. In the fourth quarter, approximately $8 million of reactivation costs and non-recurring items impacted our financial results, along with slightly lower than expected Canadian customer demand. Despite these fourth quarter headwinds we continued investing in our core business lines, including purchasing approximately $18 million of drill pipe in advance of potential tariffs, investing $3 million to begin reactivating two idle Canadian Super Single rigs to meet demand in 2025, and upgrading one rig for Canadian heavy oil pad drilling opportunities.

    “The outlook for Canada remains very strong given robust heavy oil activity following the startup of the Trans Mountain pipeline expansion in May 2024 and the imminent startup of LNG Canada in mid-2025. My enthusiasm is further underpinned by the pace of rig reactivations following the seasonal Christmas break and the stable winter activity we have experienced to date with 81 rigs working since mid-January. The uncertainty introduced by potential U.S. tariffs on Canadian oil and gas exports, has been tempered and we have not experienced any change in customer demand or their longer-term capital spending plans.

    “In Canada, our drilling utilization days increased 12% over 2023 and our Super Triple and Super Single rigs, which represent approximately 80% of our Canadian fleet, are nearly fully utilized. Demand for our Super Triple fleet, which is the preferred rig for Montney drilling, is driven by robust condensate fundamentals and the startup of LNG Canada this year. Demand for our Super Single fleet is driven by increased activity in heavy oil targeted areas as customers are benefiting from improved commodity pricing, following the startup of Trans Mountain, and a softening Canadian dollar.

    “Internationally, our drilling utilization days increased 37% in 2024 following the recertification and reactivation of four rigs in 2023. In 2024, we had eight rigs working on term contracts, five in Kuwait and three in the Kingdom of Saudi Arabia. The majority of these rigs are under five-year term contracts that extend into 2027 and 2028, providing predictable cash flow for the next few years.

    “In our Completion and Production Services business, our well servicing operating hours increased 26% over 2023 levels following the successful integration of CWC, where we achieved significant operating synergies. Our Completion and Production Services Adjusted EBITDA increased 30% year over year, which was slightly below our expectation due to late year customer budget exhaustion impacting our activity and rental business. I am very pleased with how we have transformed our Completion and Production Services business with two strategic tuck-in acquisitions. The High Arctic and CWC acquisitions more than doubled our Completion and Production revenue and Adjusted EBITDA since 2021 and solidified Precision as the premier well service provider in Canada.

    “During the year, Precision generated $482 million of cash provided by operations, allowing us to meet our capital return targets and invest $217 million into our fleet and infrastructure, which included multiple drilling rig upgrades and the strategic purchase of drill pipe for use in 2025. We expect to invest approximately $225 million in 2025, which reflects a weaker Canadian dollar and includes expected customer funded upgrades across our North American operations, including approximately $30 million in US fleet upgrades for customers targeting extended reach laterals.

    “With sustained free cash flow as a key differentiator of our business, we remain focused on reducing debt and increasing direct returns to shareholders. In 2025, we expect to reduce debt by at least $100 million, reinforcing our commitment to achieving a sustained Net Debt to Adjusted EBITDA ratio(1) of below 1.0 times. As we continue to realize the benefits of lower debt levels, we have increased our long-term debt reduction target by $100 million to $700 million and extended the debt reduction period by one year to 2027. In 2025, our goal is to increase our direct capital returns to shareholders by allocating 35% to 45% of free cash flow, before debt repayments, while continuing to move towards 50% of free cash flow thereafter, with excess cash potentially used to increase these allocations.

    “I would like to thank our employees for their dedication and commitment to serving our customers, and our shareholders for their continued support. With positive long-term fundamentals associated with global oil and natural gas demand and particularly the unique fundamentals driving drilling activity in our core geographic markets, I am confident we will continue to drive shareholder value,” concluded Mr. Neveu.

    (1) See “FINANCIAL MEASURES AND RATIOS.”

    SELECT FINANCIAL AND OPERATING INFORMATION
    Financial Highlights

      For the three months ended
    December 31,    		     For the year ended
    December 31,    		  
    (Stated in thousands of Canadian dollars, except per share amounts)   2024       2023     % Change       2024       2023     % Change  
    Revenue   468,171       506,871       (7.6 )     1,902,328       1,937,854       (1.8 )
    Adjusted EBITDA(1)   120,526       151,231       (20.3 )     521,221       611,118       (14.7 )
    Net earnings   14,930       146,722       (89.8 )     111,330       289,244       (61.5 )
    Net earnings attributable to shareholders   14,795       146,722       (89.9 )     111,195       289,244       (61.6 )
    Cash provided by operations   162,791       170,255       (4.4 )     482,083       500,571       (3.7 )
    Funds provided by operations(1)   120,535       145,189       (17.0 )     463,372       533,409       (13.1 )
                                       
    Cash used in investing activities   61,954       57,627       7.5       202,986       214,784       (5.5 )
    Capital spending by spend category(1)                                  
    Expansion and upgrade   21,565       24,459       (11.8 )     52,066       63,898       (18.5 )
    Maintenance and infrastructure   37,335       54,388       (31.4 )     164,632       162,851       1.1  
    Proceeds on sale   (8,570 )     (3,117 )     174.9       (30,395 )     (23,841 )     27.5  
    Net capital spending(1)   50,330       75,730       (33.5 )     186,303       202,908       (8.2 )
                                       
    Net earnings attributable to shareholders per share:                                  
    Basic   1.06       10.42       (89.8 )     7.81       21.03       (62.8 )
    Diluted   1.06       9.81       (89.2 )     7.81       19.53       (60.0 )
    Weighted average shares outstanding:                                  
    Basic   13,982       14,084       (0.7 )     14,229       13,754       3.5  
    Diluted   13,987       15,509       (9.8 )     14,234       15,287       (6.9 )

    (1) See “FINANCIAL MEASURES AND RATIOS.”
    Operating Highlights

      For the three months ended
    December 31,    		     For the year ended
    December 31,    		  
      2024     2023     % Change     2024     2023     % Change  
    Contract drilling rig fleet   214       214       –       214       214       –  
    Drilling rig utilization days:                                  
    U.S.   3,084       4,138       (25.5 )     12,969       17,961       (27.8 )
    Canada   6,018       5,909       1.8       23,685       21,156       12.0  
    International   736       693       6.2       2,928       2,132       37.3  
    Revenue per utilization day:                                  
    U.S. (US$)   30,991       34,452       (10.0 )     32,531       35,040       (7.2 )
    Canada (Cdn$)   35,675       34,616       3.1       34,797       33,151       5.0  
    International (US$)   49,636       49,872       (0.5 )     51,227       50,840       0.8  
    Operating costs per utilization day:                                  
    U.S. (US$)   21,698       21,039       3.1       22,009       20,401       7.9  
    Canada (Cdn$)   21,116       19,191       10.0       20,424       19,225       6.2  
                                       
    Service rig fleet   170       183       (7.1 )     170       183       (7.1 )
    Service rig operating hours   59,834       56,683       5.6       254,224       201,627       26.1  

    Drilling Activity

      Average for the quarter ended 2023   Average for the quarter ended 2024  
      Mar. 31     June 30     Sept. 30     Dec. 31     Mar. 31     June 30     Sept. 30     Dec. 31  
    Average Precision active rig count(1):                                              
    U.S.   60       51       41       45       38       36       35       34  
    Canada   69       42       57       64       73       49       72       65  
    International   5       5       6       8       8       8       8       8  
    Total   134       98       104       117       119       93       115       107  

    (1) Average number of drilling rigs working or moving. 

    Financial Position

    (Stated in thousands of Canadian dollars, except ratios) December 31, 2024     December 31, 2023(2)  
    Working capital(1)   162,592       136,872  
    Cash   73,771       54,182  
    Long-term debt   812,469       914,830  
    Total long-term financial liabilities(1)   888,173       995,849  
    Total assets   2,956,315       3,019,035  
    Long-term debt to long-term debt plus equity ratio (1)   0.33       0.37  

    (1) See “FINANCIAL MEASURES AND RATIOS.”
    (2) Comparative period figures were restated due to a change in accounting policy. See “CHANGE IN ACCOUNTING POLICY.”

    Summary for the three months ended December 31, 2024:

    • Revenue decreased to $468 million compared with $507 million in the fourth quarter of 2023 as a result of lower U.S. activity and day rates, partially offset by higher Canadian and international activity.
    • Adjusted EBITDA was $121 million in the quarter and included $15 million of share-based compensation charges, $4 million for rig reactivation costs and $4 million of non-recurring charges. In 2023, fourth quarter Adjusted EBITDA was $151 million and included share-based compensation of $13 million. Please refer to “Other Items” later in this news release for additional information on share-based compensation charges.
    • Adjusted EBITDA as a percentage of revenue was 26% as compared with 30% in 2023.
    • Net earnings attributable to shareholders was $15 million compared to $147 million in the same quarter last year as net earnings in 2023 included an income tax recovery of $69 million and a gain on acquisition of $26 million.
    • Generated cash provided by operations of $163 million, reduced debt by $25 million through the partial redemption of our 2026 unsecured senior notes and repayment of our U.S. Real Estate Credit Facility, repurchased $25 million of common shares under our Normal Course Issuer Bid (NCIB), and ended the quarter with $74 million of cash and more than $575 million of available liquidity.
    • U.S. revenue per utilization day, excluding the impact of idle but contracted rigs was US$30,813 compared with US$32,819 in 2023, a decrease of 6%. Sequentially, revenue per utilization day, excluding idle but contracted rigs, was down 6% compared with the third quarter of 2024. Fourth quarter U.S. revenue per utilization day was US$30,991 compared with US$34,452 in 2023. The decrease was primarily the result of lower fleet average day rates, idle but contracted rig revenue and recoverable costs. We recognized US$1 million of revenue from idle but contracted rigs in the quarter as compared with US$7 million in 2023.
    • U.S. operating costs per utilization day increased to US$21,698 compared with US$21,039 in 2023. The increase was mainly due to higher rig operating costs and fixed costs spread over lower activity, offset by lower recoverable costs and repairs and maintenance. Sequentially, operating costs per utilization day were down 2% due to lower recoverable costs.
    • Canadian revenue per utilization day was $35,675, an increase from the $34,616 realized in 2023 due to higher average day rates and recoverable costs. Sequentially, revenue per utilization day increased $3,350 due to higher boiler revenue and higher fleet-wide average day rates.
    • Canadian operating costs per utilization day increased to $21,116, compared with $19,191 in 2023, resulting from higher repairs and maintenance, rig reactivation costs and impact of labour rate increases. Sequentially, daily operating costs increased $1,668 and were the result of higher labour expenses due to rate increases, recoverable expenses and repairs and maintenance.
    • Internationally, fourth quarter revenue increased 6% from 2023 as we realized revenue of US$37 million versus US$35 million in the prior year. Our higher revenue was primarily the result of a 6% increase in activity, which was negatively impacted by a planned rig recertification accounting for 21 non-billable utilization days in October. International revenue per utilization day was US$49,636 compared with US$49,872 in 2023.
    • Completion and Production Services revenue was $69 million, an increase of $6 million from 2023, as our fourth quarter service rig operating hours increased 6%, reflecting the successful integration of the CWC acquisition in November 2023.
    • General and administrative expenses were $35 million as compared with $39 million in 2023 primarily due to lower non-recurring costs associated with our CWC acquisition in 2023, partially offset by higher share-based compensation charges.
    • Net finance charges were $16 million, a decrease of $3 million compared with 2023 as a result of lower interest expense on our outstanding debt balance.
    • Capital expenditures were $59 million compared with $79 million in 2023 and by spend category included $22 million for expansion and upgrades and $37 million for the maintenance of existing assets, infrastructure, and intangible assets.
    • Income tax expense for the quarter was $6 million as compared with a recovery of $69 million in 2023. During the fourth quarter, we continue to not recognize deferred tax assets on certain international operating losses.

    Summary for the year ended December 31, 2024:

    • Revenue for the year was $1,902 million, comparable with 2023.
    • Adjusted EBITDA was $521 million as compared with $611 million in 2023. Our lower Adjusted EBITDA was primarily attributed to decreased U.S. drilling results and $13 million of higher share-based compensation, partially offset by the strengthening of Canadian and international results.
    • Net earnings attributable to shareholders was $111 million compared to $289 million in the prior year. Our lower current year net earnings was due to the impact of decreased U.S. drilling results, higher income tax expense of $67 million and the gain on acquisition of $26 million recognized in 2023.
    • Cash provided by operations was $482 million as compared with $501 million in 2023. Funds provided by operations were $463 million, a decrease of $70 million from the comparative period.
    • General and administrative costs were $132 million, an increase of $10 million from 2023 primarily due to higher share-based compensation charges.
    • Net finance charges were $70 million, $14 million lower than 2023 due to our lower interest expense on our outstanding debt balance.
    • Capital expenditures were $217 million in 2024, a decrease of $10 million from 2023. Capital spending by spend category included $52 million for expansion and upgrades and $165 million for the maintenance of existing assets, infrastructure, and intangible assets.
    • Reduced debt by $176 million from the partial redemption of our 2026 unsecured senior notes and repayment of our Canadian and U.S. Real Estate Credit Facilities.
    • Repurchased $75 million of common shares under our NCIB.

    STRATEGY

    Precision’s vision is to be globally recognized as the High Performance, High Value provider of land drilling services. We work toward this vision by defining and measuring our results against strategic priorities that we establish at the beginning of every year.

    Below we summarize the results of our 2024 strategic priorities:

    1. Concentrate organizational efforts on leveraging our scale and generating free cash flow.
      • Generated cash provided from operations of $482 million, allowing us to meet our debt reduction and share repurchase goals and build our cash balance by $20 million.
      • Increased utilization of our Super Single and tele double rigs, driving Canadian drilling activity up 12% over 2023.
      • Successfully integrated our 2023 CWC acquisition, increasing Completion and Production Services operating hours and Adjusted EBITDA 26% and 30%, respectively, year over year. Achieved our $20 million annual synergies target from the acquisition.
      • Internationally, increased our activity 37% year over year and realized US$150 million of contract drilling revenue compared to US$108 million in 2023.
    2. Reduce debt by between $150 million and $200 million and allocate 25% to 35% of free cash flow before debt repayments for share repurchases.
      • Reduced debt by $176 million and ended the year with a Net Debt to Adjusted EBITDA ratio of approximately 1.4 times. On track to achieve a sustained Net Debt to Adjusted EBITDA ratio of below 1.0 times.
      • Returned $75 million to shareholders through share repurchases, achieving the midpoint of our target range.
      • Renewed our NCIB in September, allowing repurchases of up to 10% of the public float.
    3. Continue to deliver operational excellence in drilling and service rig operations to strengthen our competitive position and extend market penetration of our AlphaTMand EverGreenTMproducts.
      • Increased our Canadian drilling rig utilization days and well service rig operating hours year over year, maintaining our position as the leading provider of high-quality and reliable services in Canada.
      • Invested $52 million in expansion and upgrade capital to enhance our drilling rigs.
      • Nearly doubled our EverGreenTM revenue year over year.
      • Continued to expand our EverGreenTM product offering on our Super Single rigs with LED mast lighting and hydrogen injection systems.

    2025 Strategic Priorities

    1. Maximize free cash flow through disciplined capital deployment and strict cost management.
    2. Enhance shareholder returns through debt reduction and share repurchases.
      1. Reduce debt by at least $100 million in 2025 and debt by $700 million between 2022 and 2027, while remaining committed to achieving a sustained Net Debt to Adjusted EBITDA ratio of below 1.0 times.
      2. Allocate 35% to 45% of free cash flow, before debt repayments, directly to shareholders and continue moving direct shareholder capital returns toward 50% of free cash flow thereafter.
      3. Grow revenue in existing service lines through contracted upgrades, optimized pricing and utilization, and opportunistic consolidating tuck-in acquisitions.

        4. OUTLOOK

        The long-term outlook for global energy demand remains positive with rising demand for all types of energy including oil and natural gas driven by economic growth, increasing demand from third-world regions, and emerging energy sources of power demand. Oil prices are constructive as OPEC+ continues to honour its production quotas, producers remain committed to returning capital to shareholders versus increasing production, and geopolitical issues continue to threaten supply. In Canada, the Trans Mountain pipeline expansion, which became operational in May of 2024, combined with the imminent startup of LNG Canada are projected to provide significant tidewater access for Canadian crude oil and natural gas, supporting additional Canadian drilling activity. In the U.S., the next wave of Liquefied Natural Gas (LNG) export terminals is expected to add approximately 11 bcf/d of export capacity from 2025 to 2028, supporting additional U.S. natural gas drilling activity. Coal retirements and a build-out of artificial intelligence data centers could provide further support for natural gas drilling.

        Our Canadian drilling activity continues to be robust in 2025 and we currently have 81 rigs operating and expect this activity level to continue until spring breakup. Our Super Single fleet is near full utilization as heavy oil customers are benefiting from improved commodity pricing and a weak Canadian dollar. Our Super Triple fleet, the preferred rig for Montney drilling, is also nearly fully utilized, and with the expected startup of LNG Canada in mid-2025, rig demand could exceed supply. Overall, we expect our Canadian drilling activity to be up year over year with near full utilization of our Super Series rigs, which should support day rates and increase demand for term contracts as customers secure rigs to ensure fulfillment of their development programs. The uncertainty introduced by potential U.S. tariffs on Canadian oil and gas exports, has been tempered and we have not experienced any change in customer demand or their longer-term plans.

        In the U.S., we currently have 34 rigs earning revenue, which has been relatively consistent since mid-2024. Drilling activity growth remains constrained as producers continue to focus on shareholder returns rather than growth, while volatile commodity prices, customer consolidation, and drilling and completion efficiencies have restricted activity growth. If commodity prices remain stable and around today’s level, we expect drilling demand to begin to improve in the second half and gain momentum through the remainder of 2025 as new LNG export capacity is added and customers seek to maintain or possibly increase production levels.

        Internationally, we have eight rigs working on term contracts, five in Kuwait and three in the Kingdom of Saudi Arabia. The majority of these rigs are under five-year term contracts that extend into 2027 and 2028, providing predictable cash flow for the next few years. We continue to bid our remaining idle rigs within the region and remain optimistic in our ability to secure rig reactivations.

        As the premier well service provider in Canada, the outlook for this business remains positive. We expect the Trans Mountain pipeline expansion and LNG Canada to drive more service-related activity, while increased regulatory spending requirements are expected to result in more abandonment work. Customer demand should remain strong, and with continued labour constraints, we expect firm pricing into the foreseeable future.

        Contracts

        The following chart outlines the average number of drilling rigs under term contract by quarter as at February 12, 2025. For those quarters ending after December 31, 2024, this chart represents the minimum number of term contracts from which we will earn revenue. We expect the actual number of contracted rigs to vary in future periods as we sign additional term contracts.

        As at February 12, 2025   Average for the quarter ended 2024     Average     Average for the quarter ended 2025     Average  
            Mar. 31     June 30     Sept. 30     Dec. 31     2024     Mar. 31     June 30     Sept. 30     Dec. 31     2025  
        Average rigs under term contract:                                                            
        U.S.     20       17       17       16       18       15       13       8       6       11  
        Canada     24       22       23       23       23       20       19       18       14       18  
        International     8       8       8       8       8       8       8       7       7       8  
        Total     52       47       48       47       49       43       40       33       27       37  


        SEGMENTED FINANCIAL RESULTS

        Precision’s operations are reported in two segments: Contract Drilling Services, which includes our drilling rig, oilfield supply and manufacturing divisions; and Completion and Production Services, which includes our service rig, rental and camp and catering divisions.

          For the three months ended December 31,     For the year ended December 31,  
        (Stated in thousands of Canadian dollars)   2024     2023     % Change       2024     2023     % Change  
        Revenue:                                  
        Contract Drilling Services   402,610       446,503       (9.8 )     1,617,735       1,704,265       (5.1 )
        Completion and Production Services   68,830       62,459       10.2       294,817       240,716       22.5  
        Inter-segment eliminations   (3,269 )     (2,091 )     56.3       (10,224 )     (7,127 )     43.5  
            468,171       506,871       (7.6 )     1,902,328       1,937,854       (1.8 )
        Adjusted EBITDA:(1)                                  
        Contract Drilling Services   125,683       162,459       (22.6 )     532,345       630,761       (15.6 )
        Completion and Production Services   15,895       12,193       30.4       66,681       51,224       30.2  
        Corporate and Other   (21,052 )     (23,421 )     (10.1 )     (77,805 )     (70,867 )     9.8  
            120,526       151,231       (20.3 )     521,221       611,118       (14.7 )

        (1) See “FINANCIAL MEASURES AND RATIOS.”

        SEGMENT REVIEW OF CONTRACT DRILLING SERVICES

          For the three months ended
        December 31,        		     For the year ended
        December 31,        		  
        (Stated in thousands of Canadian dollars, except where noted)   2024       2023     % Change       2024       2023     % Change  
        Revenue   402,610       446,503       (9.8 )     1,617,735       1,704,265       (5.1 )
        Expenses:                                  
        Operating   264,858       270,303       (2.0 )     1,041,068       1,030,053       1.1  
        General and administrative   12,069       13,741       (12.2 )     44,322       43,451       2.0  
        Adjusted EBITDA(1)   125,683       162,459       (22.6 )     532,345       630,761       (15.6 )
        Adjusted EBITDA as a percentage of revenue(1)   31.2 %     36.4 %           32.9 %     37.0 %      

        (1) See “FINANCIAL MEASURES AND RATIOS.”

        United States onshore drilling statistics:(1) 2024     2023  
          Precision     Industry(2)     Precision     Industry(2)  
        Average number of active land rigs for quarters ended:                      
        March 31   38       602       60       744  
        June 30   36       583       51       700  
        September 30   35       565       41       631  
        December 31   34       569       45       603  
        Year to date average   36       580       49       670  

        (1) United States lower 48 operations only.
        (2) Baker Hughes rig counts.

        Canadian onshore drilling statistics:(1) 2024     2023  
          Precision     Industry(2)     Precision     Industry(2)  
        Average number of active land rigs for quarters ended:                      
        March 31   73       208       69       221  
        June 30   49       134       42       117  
        September 30   72       207       57       188  
        December 31   65       194       64       181  
        Year to date average   65       186       58       177  

        (1) Canadian operations only.
        (2) Baker Hughes rig counts.

        SEGMENT REVIEW OF COMPLETION AND PRODUCTION SERVICES

          For the three months ended
        December 31,        		     For the year ended
        December 31,        		  
        (Stated in thousands of Canadian dollars, except where noted)   2024       2023     % Change       2024       2023      % Change  
        Revenue   68,830       62,459       10.2       294,817       240,716       22.5  
        Expenses:                                  
        Operating   50,714       48,297       5.0       217,842       181,622       19.9  
        General and administrative   2,221       1,969       12.8       10,294       7,870       30.8  
        Adjusted EBITDA(1)   15,895       12,193       30.4       66,681       51,224       30.2  
        Adjusted EBITDA as a percentage of revenue(1)   23.1 %     19.5 %           22.6 %     21.3 %      
        Well servicing statistics:                                  
        Number of service rigs (end of period)   170       183       (7.1 )     170       183       (7.1 )
        Service rig operating hours   59,834       56,683       5.6       254,224       201,627       26.1  
        Service rig operating hour utilization   38 %     38 %           42 %     42 %      

        (1) See “FINANCIAL MEASURES AND RATIOS.”

        OTHER ITEMS

        Share-based Incentive Compensation Plans

        We have several cash and equity-settled share-based incentive plans for non-management directors, officers, and other eligible employees. Our accounting policies for each share-based incentive plan can be found in our 2023 Annual Report.

        A summary of expense amounts under these plans during the reporting periods are as follows:

          For the three months ended
        December 31,        		     For the year ended
        December 31,        		  
        (Stated in thousands of Canadian dollars) 2024     2023     2024     2023  
        Cash settled share-based incentive plans   14,018       11,972       42,828       32,063  
        Equity settled share-based incentive plans   1,071       697       4,588       2,531  
        Total share-based incentive compensation plan expense   15,089       12,669       47,416       34,594  
                               
        Allocated:                      
        Operating   3,709       2,765       11,868       9,497  
        General and Administrative   11,380       9,904       35,548       25,097  
            15,089       12,669       47,416       34,594  


        FINANCIAL MEASURES AND RATIOS

        Non-GAAP Financial Measures
        We reference certain Non-Generally Accepted Accounting Principles (Non-GAAP) measures that are not defined terms under IFRS to assess performance because we believe they provide useful supplemental information to investors.
        Adjusted EBITDA We believe Adjusted EBITDA (earnings before income taxes, gain on acquisition, loss on investments and other assets, gain on repurchase of unsecured senior notes, finance charges, foreign exchange, loss on asset decommissioning, gain on asset disposals and depreciation and amortization), as reported in our Condensed Interim Consolidated Statements of Net Earnings and our reportable operating segment disclosures, is a useful measure because it gives an indication of the results from our principal business activities prior to consideration of how our activities are financed and the impact of foreign exchange, taxation and depreciation and amortization charges.

        The most directly comparable financial measure is net earnings.
          For the three months ended
        December 31,        		     For the year ended
        December 31,        		  
        (Stated in thousands of Canadian dollars)   2024       2023       2024       2023  
        Adjusted EBITDA by segment:                      
        Contract Drilling Services   125,683       162,459       532,345       630,761  
        Completion and Production Services   15,895       12,193       66,681       51,224  
        Corporate and Other   (21,052 )     (23,421 )     (77,805 )     (70,867 )
        Adjusted EBITDA   120,526       151,231       521,221       611,118  
        Depreciation and amortization   82,210       78,734       309,314       297,557  
        Gain on asset disposals   (1,913 )     (8,883 )     (16,148 )     (24,469 )
        Loss on asset decommissioning   —       9,592       —       9,592  
        Foreign exchange   1,487       (773 )     2,259       (1,667 )
        Finance charges   16,281       19,468       69,753       83,414  
        Gain on repurchase of unsecured notes   —       —       —       (137 )
        Loss on investments and other assets   1,814       735       1,484       6,810  
        Gain on acquisition   —       (25,761 )     —       (25,761 )
        Incomes taxes   5,717       (68,603 )     43,229       (23,465 )
        Net earnings   14,930       146,722       111,330       289,244  
        Non-controlling interests   135       —       135       —  
        Net earnings attributable to shareholders   14,795       146,722       111,195       289,244  
               
        Funds Provided by (Used in) Operations     We believe funds provided by (used in) operations, as reported in our Condensed Interim Consolidated Statements of Cash Flows, is a useful measure because it provides an indication of the funds our principal business activities generate prior to consideration of working capital changes, which is primarily made up of highly liquid balances.

        The most directly comparable financial measure is cash provided by (used in) operations.
               
        Net Capital Spending     We believe net capital spending is a useful measure as it provides an indication of our primary investment activities.

        The most directly comparable financial measure is cash provided by (used in) investing activities.

        Net capital spending is calculated as follows:
            For the three months ended
        December 31,        		     For the year ended
        December 31,        		  
        (Stated in thousands of Canadian dollars)     2024       2023       2024       2023  
        Capital spending by spend category                        
        Expansion and upgrade     21,565       24,459       52,066       63,898  
        Maintenance, infrastructure and intangibles     37,335       54,388       164,632       162,851  
              58,900       78,847       216,698       226,749  
        Proceeds on sale of property, plant and equipment     (8,570 )     (3,117 )     (30,395 )     (23,841 )
        Net capital spending     50,330       75,730       186,303       202,908  
        Business acquisitions     —       646       —       28,646  
        Proceeds from sale of investments and other assets     —       —       (3,623 )     (10,013 )
        Purchase of investments and other assets     718       61       725       5,343  
        Receipt of finance lease payments     (208 )     (191 )     (799 )     (255 )
        Changes in non-cash working capital balances     11,114       (18,619 )     20,380       (11,845 )
        Cash used in investing activities     61,954       57,627       202,986       214,784  
        Working Capital We define working capital as current assets less current liabilities, as reported in our Condensed Interim Consolidated Statements of Financial Position.

        Working capital is calculated as follows:
          December 31,     December 31,  
        (Stated in thousands of Canadian dollars)   2024       2023  
        Current assets   501,284       510,881  
        Current liabilities   338,692       374,009  
        Working capital   162,592       136,872  
        Total Long-term Financial Liabilities We define total long-term financial liabilities as total non-current liabilities less deferred tax liabilities, as reported in our Condensed Interim Consolidated Statements of Financial Position.

        Total long-term financial liabilities is calculated as follows:
          December 31,     December 31,  
        (Stated in thousands of Canadian dollars)   2024       2023  
        Total non-current liabilities   935,624       1,069,364  
        Deferred tax liabilities   47,451       73,515  
        Total long-term financial liabilities   888,173       995,849  
        Non-GAAP Ratios
        We reference certain additional Non-GAAP ratios that are not defined terms under IFRS to assess performance because we believe they provide useful supplemental information to investors.
               
        Adjusted EBITDA % of Revenue     We believe Adjusted EBITDA as a percentage of consolidated revenue, as reported in our Condensed Interim Consolidated Statements of Net Earnings, provides an indication of our profitability from our principal business activities prior to consideration of how our activities are financed and the impact of foreign exchange, taxation and depreciation and amortization charges.
               
        Long-term debt to long-term debt plus equity     We believe that long-term debt (as reported in our Condensed Interim Consolidated Statements of Financial Position) to long-term debt plus equity (total shareholders’ equity as reported in our Condensed Interim Consolidated Statements of Financial Position) provides an indication of our debt leverage.
               
        Net Debt to Adjusted EBITDA     We believe that the Net Debt (long-term debt less cash, as reported in our Condensed Interim Consolidated Statements of Financial Position) to Adjusted EBITDA ratio provides an indication of the number of years it would take for us to repay our debt obligations.
         
        Supplementary Financial Measures
        We reference certain supplementary financial measures that are not defined terms under IFRS to assess performance because we believe they provide useful supplemental information to investors.
               
        Capital Spending by Spend Category     We provide additional disclosure to better depict the nature of our capital spending. Our capital spending is categorized as expansion and upgrade, maintenance and infrastructure, or intangibles.
               

        CHANGE IN ACCOUNTING POLICY

        Precision adopted Classification of Liabilities as Current or Non-current and Non-current Liabilities with Covenants – Amendments to IAS 1, as issued in 2020 and 2022. These amendments apply retrospectively for annual reporting periods beginning on or after January 1, 2024 and clarify requirements for determining whether a liability should be classified as current or non-current. Due to this change in accounting policy, there was a retrospective impact on the comparative Statement of Financial Position pertaining to the Corporation’s Deferred Share Unit (DSU) plan for non-management directors which are redeemable in cash or for an equal number of common shares upon the director’s retirement. In the case of a director retiring, the director’s respective DSU liability would become payable and the Corporation would not have the right to defer settlement of the liability for at least twelve months. As such, the liability is impacted by the revised policy. The following changes were made to the Statement of Financial Position:

      • As at January 1, 2023, accounts payable and accrued liabilities increased by $12 million and non-current share-based compensation liability decreased by $12 million.
      • As at December 31, 2023, accounts payable and accrued liabilities increased by $8 million and non-current share-based compensation liability decreased by $8 million.

      The Corporation’s other liabilities were not impacted by the amendments. The change in accounting policy will also be reflected in the Corporation’s consolidated financial statements as at and for the year ending December 31, 2024.

      PARTNERSHIP

      On September 26, 2024, Precision formed a strategic Partnership with two Indigenous partners to provide well servicing operations in northeast British Columbia. Precision contributed $4 million in assets to the Partnership. Profit attributable to Non-Controlling Interests (NCI) was $0.1 million in 2024.

      Precision holds a controlling interest in the Partnership and the portions of the net earnings and equity not attributable to Precision’s controlling interest are shown separately as NCI in the Consolidated Statements of Net Earnings and Consolidated Statements of Financial Position.

      CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION AND STATEMENTS

      Certain statements contained in this release, including statements that contain words such as “could”, “should”, “can”, “anticipate”, “estimate”, “intend”, “plan”, “expect”, “believe”, “will”, “may”, “continue”, “project”, “potential” and similar expressions and statements relating to matters that are not historical facts constitute “forward-looking information” within the meaning of applicable Canadian securities legislation and “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking information and statements”).

      In particular, forward-looking information and statements include, but are not limited to, the following:

      • our strategic priorities for 2025;
      • our capital expenditures, free cash flow allocation and debt reduction plans for 2025 through to 2027;
      • anticipated activity levels, demand for our drilling rigs, day rates and daily operating margins in 2025;
      • the average number of term contracts in place for 2025;
      • customer adoption of AlphaTM technologies and EverGreenTM suite of environmental solutions;
      • timing and amount of synergies realized from acquired drilling and well servicing assets; and
      • potential commercial opportunities and rig contract renewals.

      These forward-looking information and statements are based on certain assumptions and analysis made by Precision in light of our experience and our perception of historical trends, current conditions, expected future developments and other factors we believe are appropriate under the circumstances. These include, among other things:

      • our ability to react to customer spending plans as a result of changes in oil and natural gas prices;
      • the status of current negotiations with our customers and vendors;
      • customer focus on safety performance;
      • existing term contracts are neither renewed nor terminated prematurely;
      • our ability to deliver rigs to customers on a timely basis;
      • the impact of an increase/decrease in capital spending; and
      • the general stability of the economic and political environments in the jurisdictions where we operate.

      Undue reliance should not be placed on forward-looking information and statements. Whether actual results, performance or achievements will conform to our expectations and predictions is subject to a number of known and unknown risks and uncertainties which could cause actual results to differ materially from our expectations. Such risks and uncertainties include, but are not limited to:

      • volatility in the price and demand for oil and natural gas;
      • fluctuations in the level of oil and natural gas exploration and development activities;
      • fluctuations in the demand for contract drilling, well servicing and ancillary oilfield services;
      • our customers’ inability to obtain adequate credit or financing to support their drilling and production activity;
      • changes in drilling and well servicing technology, which could reduce demand for certain rigs or put us at a competitive advantage;
      • shortages, delays and interruptions in the delivery of equipment supplies and other key inputs;
      • liquidity of the capital markets to fund customer drilling programs;
      • availability of cash flow, debt and equity sources to fund our capital and operating requirements, as needed;
      • the impact of weather and seasonal conditions on operations and facilities;
      • competitive operating risks inherent in contract drilling, well servicing and ancillary oilfield services;
      • ability to improve our rig technology to improve drilling efficiency;
      • general economic, market or business conditions;
      • the availability of qualified personnel and management;
      • a decline in our safety performance which could result in lower demand for our services;
      • changes in laws or regulations, including changes in environmental laws and regulations such as increased regulation of hydraulic fracturing or restrictions on the burning of fossil fuels and greenhouse gas emissions, which could have an adverse impact on the demand for oil and natural gas;
      • terrorism, social, civil and political unrest in the foreign jurisdictions where we operate;
      • fluctuations in foreign exchange, interest rates and tax rates; and
      • other unforeseen conditions which could impact the use of services supplied by Precision and Precision’s ability to respond to such conditions.

      Readers are cautioned that the forgoing list of risk factors is not exhaustive. Additional information on these and other factors that could affect our business, operations or financial results are included in reports on file with applicable securities regulatory authorities, including but not limited to Precision’s Annual Information Form for the year ended December 31, 2023, which may be accessed on Precision’s SEDAR+ profile at www.sedarplus.ca or under Precision’s EDGAR profile at www.sec.gov. The forward-looking information and statements contained in this release are made as of the date hereof and Precision undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, except as required by law.

      CONDENSED INTERIM CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (UNAUDITED)

      (Stated in thousands of Canadian dollars)   December 31,
      2024      		     December 31,
      2023(1)      		     January 1,
      2023(1)      		  
      ASSETS            
      Current assets:                  
      Cash   $ 73,771     $ 54,182     $ 21,587  
      Accounts receivable     378,712       421,427       413,925  
      Inventory     43,300       35,272       35,158  
      Assets held for sale     5,501       —       —  
      Total current assets     501,284       510,881       470,670  
      Non-current assets:                  
      Income tax recoverable     —       682       1,602  
      Deferred tax assets     6,559       73,662       455  
      Property, plant and equipment     2,356,173       2,338,088       2,303,338  
      Intangibles     12,997       17,310       19,575  
      Right-of-use assets     66,032       63,438       60,032  
      Finance lease receivables     4,806       5,003       —  
      Investments and other assets     8,464       9,971       20,451  
      Total non-current assets     2,455,031       2,508,154       2,405,453  
      Total assets   $ 2,956,315     $ 3,019,035     $ 2,876,123  
                         
      LIABILITIES AND EQUITY                  
      Current liabilities:                  
      Accounts payable and accrued liabilities   $ 314,355     $ 350,749     $ 404,350  
      Income taxes payable     3,778       3,026       2,991  
      Current portion of lease obligations     20,559       17,386       12,698  
      Current portion of long-term debt     —       2,848       2,287  
      Total current liabilities     338,692       374,009       422,326  
                         
      Non-current liabilities:                  
      Share-based compensation     13,666       16,755       47,836  
      Provisions and other     7,472       7,140       7,538  
      Lease obligations     54,566       57,124       52,978  
      Long-term debt     812,469       914,830       1,085,970  
      Deferred tax liabilities     47,451       73,515       28,946  
      Total non-current liabilities     935,624       1,069,364       1,223,268  
      Equity:                  
      Shareholders’ capital     2,301,729       2,365,129       2,299,533  
      Contributed surplus     77,557       75,086       72,555  
      Deficit     (900,834 )     (1,012,029 )     (1,301,273 )
      Accumulated other comprehensive income     199,020       147,476       159,714  
      Total equity attributable to shareholders     1,677,472       1,575,662       1,230,529  
      Non-controlling interest     4,527       —       —  
      Total equity     1,681,999       1,575,662       1,230,529  
      Total liabilities and equity   $ 2,956,315     $ 3,019,035     $ 2,876,123  

      (1) Comparative period figures were restated due to a change in accounting policy. See “CHANGE IN ACCOUNTING POLICY.”

      CONDENSED INTERIM CONSOLIDATED STATEMENTS OF NET EARNINGS (UNAUDITED)

          Three Months Ended December 31,     Year Ended December 31,  
      (Stated in thousands of Canadian dollars, except per share amounts)   2024     2023     2024     2023  
                               
                               
      Revenue   $ 468,171     $ 506,871     $ 1,902,328     $ 1,937,854  
      Expenses:                        
      Operating     312,303       316,509       1,248,686       1,204,548  
      General and administrative     35,342       39,131       132,421       122,188  
      Earnings before income taxes, loss on investments and
      other assets, gain on acquisition, gain on repurchase
      of unsecured senior notes, finance charges, foreign
      exchange, loss on asset decommissioning, gain on
      asset disposals, and depreciation and amortization      		     120,526       151,231       521,221       611,118  
      Depreciation and amortization     82,210       78,734       309,314       297,557  
      Gain on asset disposals     (1,913 )     (8,883 )     (16,148 )     (24,469 )
      Loss on asset decommissioning     —       9,592       —       9,592  
      Foreign exchange     1,487       (773 )     2,259       (1,667 )
      Finance charges     16,281       19,468       69,753       83,414  
      Gain on repurchase of unsecured senior notes     —       —       —       (137 )
      Gain on acquisition     —       (25,761 )     —       (25,761 )
      Loss on investments and other assets     1,814       735       1,484       6,810  
      Earnings before income taxes     20,647       78,119       154,559       265,779  
      Income taxes:                        
      Current     2,811       486       7,470       4,494  
      Deferred     2,906       (69,089 )     35,759       (27,959 )
            5,717       (68,603 )     43,229       (23,465 )
      Net earnings   $ 14,930     $ 146,722     $ 111,330     $ 289,244  
      Attributable to:                        
      Shareholders of Precision Drilling Corporation   $ 14,795     $ 146,722     $ 111,195     $ 289,244  
      Non-controlling interests   $ 135     $ —     $ 135     $ —  
      Net earnings per share attributable to
      shareholders:      		                        
      Basic   $ 1.06     $ 10.42     $ 7.81     $ 21.03  
      Diluted   $ 1.06     $ 9.81     $ 7.81     $ 19.53  


      CONDENSED       INTERIM CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED)

          Three Months Ended December 31,     Year Ended December 31,  
      (Stated in thousands of Canadian dollars)   2024     2023     2024     2023  
      Net earnings   $ 14,930     $ 146,722     $ 111,330     $ 289,244  
      Unrealized gain (loss) on translation of assets and liabilities of operations denominated in foreign currency     89,412       (36,755 )     119,821       (33,433 )
      Foreign exchange gain (loss) on net investment hedge with U.S. denominated debt     (49,744 )     22,679       (69,027 )     21,195  
      Tax related to net investment hedge of long-term debt     750       —       750       —  
      Comprehensive income   $ 55,348     $ 132,646     $ 162,874     $ 277,006  
      Attributable to:                        
      Shareholders of Precision Drilling Corporation   $ 55,213     $ 132,646     $ 162,739     $ 277,006  
      Non-controlling interests   $ 135     $ —     $ 135     $ —  


      CONDENSED       INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

          Three Months Ended December 31,     Year Ended December 31,  
      (Stated in thousands of Canadian dollars)   2024     2023     2024     2023  
      Cash provided by (used in):                        
      Operations:                        
      Net earnings   $ 14,930     $ 146,722     $ 111,330     $ 289,244  
      Adjustments for:                        
      Long-term compensation plans     4,398       (2,541 )     18,888       6,659  
      Depreciation and amortization     82,210       78,734       309,314       297,557  
      Gain on asset disposals     (1,913 )     (8,883 )     (16,148 )     (24,469 )
      Loss on asset decommissioning     —       9,592       —       9,592  
      Foreign exchange     1,477       (853 )     2,442       (866 )
      Finance charges     16,281       19,468       69,753       83,414  
      Income taxes     5,717       (68,603 )     43,229       (23,465 )
      Other     (392 )     (9 )     (272 )     (229 )
      Loss on investments and other assets     1,814       735       1,484       6,810  
      Gain on acquisition     —       (25,761 )     —       (25,761 )
      Gain on repurchase of unsecured senior notes     —       —       —       (137 )
      Income taxes paid     (1,617 )     (708 )     (6,459 )     (3,103 )
      Income taxes recovered     27       17       85       24  
      Interest paid     (2,806 )     (3,335 )     (72,241 )     (83,037 )
      Interest received     409       614       1,967       1,176  
      Funds provided by operations     120,535       145,189       463,372       533,409  
      Changes in non-cash working capital balances     42,256       25,066       18,711       (32,838 )
      Cash provided by operations     162,791       170,255       482,083       500,571  
                               
      Investments:                        
      Purchase of property, plant and equipment     (58,900 )     (78,582 )     (216,647 )     (224,960 )
      Purchase of intangibles     —       (265 )     (51 )     (1,789 )
      Proceeds on sale of property, plant and equipment     8,570       3,117       30,395       23,841  
      Proceeds from sale of investments and other assets     —       —       3,623       10,013  
      Business acquisitions     —       (646 )     —       (28,646 )
      Purchase of investments and other assets     (718 )     (61 )     (725 )     (5,343 )
      Receipt of finance lease payments     208       191       799       255  
      Changes in non-cash working capital balances     (11,114 )     18,619       (20,380 )     11,845  
      Cash used in investing activities     (61,954 )     (57,627 )     (202,986 )     (214,784 )
                               
      Financing:                        
      Issuance of long-term debt     17,078       —       27,978       162,649  
      Repayments of long-term debt     (41,813 )     (86,699 )     (204,319 )     (375,237 )
      Repurchase of share capital     (25,023 )     (17,004 )     (75,488 )     (29,955 )
      Issuance of common shares from the exercise of options     —       —       686       —  
      Debt amendment fees     (46 )     —       (1,363 )     —  
      Lease payments     (3,266 )     (3,010 )     (13,271 )     (9,423 )
      Funding from non-controlling interest     —       —       4,392       —  
      Cash used in financing activities     (53,070 )     (106,713 )     (261,385 )     (251,966 )
      Effect of exchange rate changes on cash     1,700       (798 )     1,877       (1,226 )
      Increase in cash     49,467       5,117       19,589       32,595  
      Cash, beginning of period     24,304       49,065       54,182       21,587  
      Cash, end of period   $ 73,771     $ 54,182     $ 73,771     $ 54,182  


      CONDENSED       INTERIM CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED)

          Attributable to shareholders of the Corporation              
      (Stated in thousands of Canadian dollars)   Shareholders’
      Capital      		     Contributed
      Surplus      		     Accumulated
      Other
      Comprehensive
      Income      		     Deficit     Total     Non-
      controlling
      interest      		     Total
      Equity      		  
      Balance at January 1, 2024   $ 2,365,129     $ 75,086     $ 147,476     $ (1,012,029 )   $ 1,575,662     $ —     $ 1,575,662  
      Net earnings for the period     —       —       —       111,195       111,195       135       111,330  
      Other comprehensive income for the period     —       —       51,544       —       51,544       —       51,544  
      Share options exercised     978       (292 )     —       —       686       —       686  
      Settlement of Executive Performance and Restricted Share Units     21,846       (1,479 )     —       —       20,367       —       20,367  
      Share repurchases     (86,570 )     —       —       —       (86,570 )     —       (86,570 )
      Redemption of non-management directors share units     346       (346 )     —       —       —       —       —  
      Share-based compensation expense     —       4,588       —       —       4,588       —       4,588  
      Funding from non-controlling interest     —       —       —       —       —       4,392       4,392  
      Balance at December 31, 2024   $ 2,301,729     $ 77,557     $ 199,020     $ (900,834 )   $ 1,677,472     $ 4,527     $ 1,681,999  
          Attributable to shareholders of the Corporation              
      (Stated in thousands of Canadian dollars)   Shareholders’
      Capital      		     Contributed
      Surplus      		     Accumulated
      Other
      Comprehensive
      Income      		     Deficit     Total     Non-
      controlling
      interest      		     Total
      Equity      		  
      Balance at January 1, 2023   $ 2,299,533     $ 72,555     $ 159,714     $ (1,301,273 )   $ 1,230,529     $ —     $ 1,230,529  
      Net earnings for the period     —       —       —       289,244       289,244       —       289,244  
      Other comprehensive income for the period     —       —       (12,238 )     —       (12,238 )     —       (12,238 )
      Acquisition share consideration     75,588       —       —       —       75,588       —       75,588  
      Settlement of Executive Performance and Restricted Share Units     19,206       —       —       —       19,206       —       19,206  
      Share repurchases     (29,955 )     —       —       —       (29,955 )     —       (29,955 )
      Redemption of non-management directors share units     757       —       —       —       757       —       757  
      Share-based compensation expense     —       2,531       —       —       2,531       —       2,531  
      Balance at December 31, 2023   $ 2,365,129     $ 75,086     $ 147,476     $ (1,012,029 )   $ 1,575,662     $ —     $ 1,575,662  


      2024 FOURTH QUARTER AND YEAR-END RESULTS CONFERENCE CALL AND WEBCAST

      Precision Drilling Corporation has scheduled a conference call and webcast to begin promptly at 11:00 a.m. MT (1:00 p.m. ET) on Thursday, February 13, 2025.

      To participate in the conference call please register at the URL link below. Once registered, you will receive a dial-in number and a unique PIN, which will allow you to ask questions.

      https://register.vevent.com/register/BI9168b4c0516f4409ab4f297340994ebc

      The call will also be webcast and can be accessed through the link below. A replay of the webcast call will be available on Precision’s website for 12 months.

      https://edge.media-server.com/mmc/p/8hij84aa

      About Precision

      Precision is a leading provider of safe and environmentally responsible High Performance, High Value services to the energy industry, offering customers access to an extensive fleet of Super Series drilling rigs. Precision has commercialized an industry-leading digital technology portfolio known as Alpha™ that utilizes advanced automation software and analytics to generate efficient, predictable, and repeatable results for energy customers. Our drilling services are enhanced by our EverGreen™ suite of environmental solutions, which bolsters our commitment to reducing the environmental impact of our operations. Additionally, Precision offers well service rigs, camps and rental equipment all backed by a comprehensive mix of technical support services and skilled, experienced personnel.

      Precision is headquartered in Calgary, Alberta, Canada and is listed on the Toronto Stock Exchange under the trading symbol “PD” and on the New York Stock Exchange under the trading symbol “PDS”.

      Additional Information

      For further information, please contact:

      Lavonne Zdunich, CPA, CA
      Vice President, Investor Relations
      403.716.4500

      800, 525 – 8th Avenue S.W.
      Calgary, Alberta, Canada T2P 1G1
      Website: www.precisiondrilling.com

      The MIL Network –

  • MIL-Evening Report: ‘It’s a house battery you can drive around’ – how a handful of Australians are selling power back to the grid from their cars

    Source: The Conversation (Au and NZ) – By Scott Dwyer, Research Director, Energy Futures, University of Technology Sydney

    24K-Productions

    Our cars sit unused most of the time. If you have an electric vehicle, you might leave it charging at home or work after driving it. But there’s another step you could take. If you have a bidirectional charger, you can set it to sell power back to the grid when demand is high.

    Fewer than ten people across Australia actually do this, because the technology – known as Vehicle-to-Grid (V2G) – is very new. To date, it only works with a single car model (Nissan LEAF) and a single charger (Wallbox Quasar 1). We’ve estimated the number of users based on sales of this charger. The chargers are expensive and there’s a thicket of regulations to navigate.

    But that could soon change. Last year, Climate Change Minister Chris Bowen announced new Australian standards and communications protocols for bidirectional chargers in a bid to make it mainstream. Cheaper EVs and bidirectional chargers will make this more appealing.

    If it takes off, V2G could become extremely useful to the power grid as a way to release power as required and stabilise the grid against fluctuations.

    This week, Australia’s renewable energy agency released a V2G roadmap, which notes widespread uptake could “materially reduce electricity costs for consumers and accelerate national emissions reduction”.

    To understand why people are using the technology and the challenges to do so, we interviewed five early adopters from New South Wales and South Australia. Our findings are released today.

    A bidirectional charger is necessary to sell power back to the grid.
    doublelee/Shutterstock

    Setting up V2G isn’t easy

    Our interviewees reported a long, complex journey to set up V2G. These early adopters had no playbook to follow, so the process was one of trial and error.

    Some relied on professional networks or social media groups to gather information. They spent significant time and energy finding electricians, installers and charger manufacturers to set up their systems. Strata approvals were required. They also had to negotiate with power retailers and distributors.

    Delays were common, especially when seeking approval from the energy distributor. Some interviewees reported delays of months to years.

    Most interviewees had experience in a technical field such as engineering or technology. Some reported a significant learning curve, while others using new software from their retailer reported a smoother “set and forget” process.

    So why do it? Our interviewees had several reasons, ranging from getting the most out of expensive assets (solar and the EV) to offsetting power bills entirely.

    Four out of five interviewees reported making a small profit of about A$1,000 annually instead of a bill. Many wanted to be able to reduce dependence on the grid and reduce their environmental impact.

    As one told us:

    you originally think of it as a car you can also use to power your house. [But actually] it’s a house battery you can drive around.

    Maximising savings

    Typically, our interviewees plugged their car in at home during the day to charge from their rooftop solar. In the evenings when power prices peaked, they used an app to sell power back to the grid. This maximised their cost savings for charging the car battery and their earnings from the grid.

    For instance, a V2G user was alerted by their energy retailer that power prices had spiked to over $20 per kilowatt hour – far above normal rates of 25–45 cents. They immediately set their car and home battery to sell power back to the grid. In two hours, they sold 28 kilowatt hours of power to the grid and made more than $560. As they told us: “I look forward to more such events.”

    Our interviewees often monitored energy prices, solar output and car battery levels to optimise their output. To avoid their EV battery getting too low, they set a lower limit – say 30% of charge – after which their car would stop exporting power.

    This photo shows the setup of one of our early adopter interviewees. Pictured is the Nissan LEAF and bidirectional charger. For years, this has been the only car model compatible with vehicle to grid, but this is set to change.
    Author provided, CC BY-NC-ND

    Is there a downside?

    One of the main reasons people are sceptical of V2G is due to concern about accelerated degradation of the battery.

    This is a common concern. But to date, there’s no consensus showing V2G shortens the battery life of EVs significantly. One recent study shows it increases degradation by 0.3% a year. But another showed V2G might actually extend battery life in some scenarios.

    Last year, we surveyed more than 1,300 members of a motoring organisation about their view of V2G technology. We found battery warranty was a bigger concern than battery life. This is because most EV manufacturers other than Nissan don’t mention V2G in their battery warranties, leading drivers to believe they might void their warranty by using V2G.

    Awareness of V2G technology is growing. The survey also found almost 40% of respondents were very or somewhat familiar with V2G, a jump from the 17% who reported familiarity in 2022. Among EV owners, almost 90% reported knowledge of the concept.

    Moving beyond early adopters

    For V2G to go mainstream, the process must be much simpler, cheaper and easier to set up.

    To accelerate uptake, reliable, accessible information is essential.

    Expanding government incentive programs to include bidirectional chargers would cut the upfront cost and make it more accessible.

    Even within the EV supply chain, knowledge of V2G is limited. Car dealerships will need to know which models work with V2G.

    Electricians may need specific training to install and maintain these chargers.

    EVs are falling in price as manufacturers vie for market share and cheaper options become available. V2G capabilities might help boost sales for competing car companies.

    As more motorists switch to EVs, interest in V2G will increase. While V2G can boost the appeal of EVs, there are others, such as Vehicle-to-Home (using your car to power your home during blackouts or to save money) and Vehicle-to-Load (using your EV to run power tools or appliances).

    Each of these can help consumers get more value from the vehicles parked in driveways and garages.

    Scott Dwyer receives funding from iMOVE Australia Cooperative Research Centre and the NRMA for this project.

    Scott Dwyer receives funding from iMOVE Australia Cooperative Research Centre and the NRMA for this project.

    Kriti Nagrath receives funding from iMOVE Australia Cooperative Research Centre and the NRMA for this project.

    – ref. ‘It’s a house battery you can drive around’ – how a handful of Australians are selling power back to the grid from their cars – https://theconversation.com/its-a-house-battery-you-can-drive-around-how-a-handful-of-australians-are-selling-power-back-to-the-grid-from-their-cars-249696

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: You’re playing (or watching) sport and someone blurts out a racial slur. The next 60 seconds are crucial

    Source: The Conversation (Au and NZ) – By Aish Ravi, Lecturer in Curriculum, Teaching and Inclusive Education, Monash University

    In October last year, the Australian Sports Commission (ASC) launched Dealing with the Moment: Anti-Racism in Community Sport, a free online course designed to help community coaches, parents, umpires and players respond to racism in sport.

    The course equips people with the tools they need to intervene effectively when racism occurs, ensuring everyone feels safe, welcome and respected.

    One of the key recommendations from the course is what to do if you hear someone say something racist on the sports field.

    Why racist remarks are so damaging

    Racist remarks hurt more than just a player’s feelings — they attack their sense of belonging and identity on the field.

    I know from my own experiences.

    During my years playing various community sports as a young adult, including Australian rules football, soccer and cricket, I was often one of the only people of colour.

    In those moments, I wanted my play and skills to be the focus but unfortunately, my appearance often made me stand out, which led to racist comments.

    Those remarks were deeply offensive and hurtful. They made me feel like I didn’t belong or shouldn’t be there.

    Racism in sport sends a harmful message: that someone doesn’t belong because of their skin colour or background. These incidents leave lasting emotional and psychological scars, even if they don’t result in physical harm.

    Why I helped develop the course

    I worked on developing the course to address a significant gap in how racism is handled in community sport.

    The course aims to ensure all sport participants have a positive and inclusive experience and that everyone understands the importance of addressing racism immediately – in the moment.

    It’s not good enough to delay action, even if that’s how it has often been done in the past. Some organisations claim that delaying action allows for thorough investigations and careful consideration.

    However, this is often a strategy to protect reputations and minimise backlash rather than address the root causes of the problem.

    Such delays can silence victims, perpetuate harm, and show a lack of genuine commitment to tackling systemic racism. Immediate action is necessary to demonstrate accountability and foster meaningful change.

    We must do better. We need to see progress, not stagnation.

    So, what should you do after a racist comment?

    If you don’t have time to dive into the full course, here are the key lessons:

    • the first 60 seconds are crucial: intervening immediately sends a strong message that racism won’t be tolerated and shows support for the victim

    • understand racism: recognise what racism is and how it affects people. Never dismiss someone’s experience by saying it’s “not racism” or telling them to “get over it”. Just because the harm isn’t physical doesn’t mean it’s not significant

    • take action: the course provides clear guidance on how to respond effectively to incidents of racism and support those affected.

    Why are the first 60 seconds so cruical?

    Acting early allows you to nip the issue in the bud by calling it out and intervening on the spot. It leaves no room for misinterpretation of events or for the narrative to shift.

    The longer the delay, the more time it allows for the situation to be downplayed, the narrative to change, or for excuses to be made.

    Ultimately, delays often result in the issue being swept under the carpet, with no one taking accountability for the harm caused.

    Immediate action demonstrates clarity, conviction, and a genuine commitment to addressing racism.

    Strategies for coaches, parents and officials

    Everyone — coaches, parents, officials, players and spectators — has a role to play when dealing with racism. Here are some practical strategies:

    • acknowledge and act: staying silent is not an option. A simple statement like “that’s not okay” sends a strong message of support and sets a clear standard of behaviour

    • use your authority: coaches can address players directly, officials can stop play, and parents can challenge inappropriate behaviour from the sidelines. Everyone has the power to intervene

    • educate yourself: take the course or learn more about racism so you feel confident and empowered to act

    • don’t minimise the impact: never tell someone to brush it off or suggest it’s not a big deal. Acknowledge their feelings, show empathy, and take the situation seriously

    • apply this to all inappropriate behaviour: these strategies aren’t limited to racism. They apply to misogynistic, homophobic, or other harmful remarks as well.

    Sport should be for everyone

    We live in a multicultural society – a melting pot of diverse cultures that is beautifully reflected on our streets and in our classrooms. It would be wonderful to see this diversity equally represented in community sport.

    Greater representation on the field and in the stands would create a sense of belonging and allow all players to thrive, regardless of their background.

    This is why addressing racism is so crucial — it paves the way for more inclusive and equitable participation in sport.

    The goal is to make sport a space where diversity is celebrated, teamwork is valued, and everyone can thrive without fear of discrimination.

    We can all play a part in creating lasting change.

    Aish Ravi receives funding from organisations for consulting work on training and education and evaluation work. She is also on various volunteer committees advocating for change.

    – ref. You’re playing (or watching) sport and someone blurts out a racial slur. The next 60 seconds are crucial – https://theconversation.com/youre-playing-or-watching-sport-and-someone-blurts-out-a-racial-slur-the-next-60-seconds-are-crucial-248671

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Submissions: USAID Cuts – Uncertainty around PEPFAR program puts millions of people at risk – MSF

    Source: Médecins Sans Frontières/Doctors Without Borders (MSF)

    New York/Johannesburg/Brussels, February 13, 2025 — The decision by the US government to temporarily freeze funding to the President’s Emergency Plan for AIDS Relief (PEPFAR) alongside all other foreign aid for at least a 90-day period has had immediate effects on people living with HIV (PLHIV), said Médecins Sans Frontières/Doctors Without Borders (MSF) today. Although the US has since clarified that certain treatment programs can continue at least until April, we are concerned that critical elements of the PEPFAR program remain frozen.

    “More than three weeks since the US government froze PEPFAR funding, there is still widespread confusion and uncertainty as to whether this critical lifeline for millions of people has been cut off,” said Avril Benoît, chief executive officer of MSF USA. “Despite a limited waiver covering some activities, what our teams are seeing in many of the countries where we work is that people have already lost access to lifesaving care and have no idea whether or when their treatment will continue. MSF is calling on the US government to immediately resume funding for the full range of PEPFAR operations as well as other critical health and humanitarian aid.”

    On February 1, after over a week of chaos and a freeze of activities, the US government issued a limited waiver allowing for the resumption of some programming with specific guidance for HIV. However, that guidance was unclear, and it did not immediately reach PEPFAR country teams. Across our broad network, MSF did not see a single organization able to resume work as a result of this limited guidance on waivers. On February 6, the US government issued clarified guidance on HIV care and treatment and prevention of mother to child transmission (PMTCT) programs.

    However, we remain concerned that key areas of HIV prevention, treatment, care, and support are not included in this additional guidance, such as pre-exposure prophylaxis (PrEP) for all vulnerable groups, including LGBTQ people and sex workers, specific interventions for adolescents girls and young women in high prevalence countries, and community-led monitoring programs. These services are essential to ensuring a successful response to the epidemic.

    While MSF does not accept US government funding and will not be directly affected by cuts or freezes to PEPFAR, many of our activities are contingent on the programs that have been interrupted. In some places we’ve had to adapt and change our activities and the indirect effects of these freezes have already been felt in our projects in various parts of the world.

    In Sub-Saharan Africa, where MSF runs several HIV/AIDS and related health programs, we are already witnessing impacts on patients. In South Africa, many clinics providing HIV services, including testing, treatment, and PrEP through PEPFAR-funded organizations have been shuttered, leaving people confused and distressed about where to access their critical medication. In Mozambique, a major partner organization of MSF that provided comprehensive HIV services had to stop activities completely. In Zimbabwe, most organizations providing HIV services have also stopped work, disrupting in particular the DREAMS program aimed at decreasing new HIV infections in adolescent girls and young women.

    “Any interruption to HIV services and treatment is deeply distressing to people in care and an emergency when it comes to HIV treatment,” said Tom Ellman, director of the South Africa Medical Unit at MSF Southern Africa. “HIV medicines must be taken daily or people run the risk of developing resistance or deadly health complications.”

    In Democratic Republic of Congo, the aid freeze was already affecting the most successful model of antiretroviral drug distribution ever implemented in the capital city of Kinshasa: the community-run free distribution and peer support points, known locally as “PODIs”. In a country where stigma against people living with HIV is massive and poverty remains a barrier to care, PODIs have proven to be a medically necessary approach for addressing delays or therapy abandonment. With PEPFAR-supported points of care now closed and other activities frozen, thousands of people were left without support and with a high risk of developing advanced HIV. MSF teams supporting advanced HIV disease care in Kinshasa might not be able to meet the increased demand if disruptions persist.

    In South Sudan, approximately 51 percent of people living with HIV know their status, and 47 percent are on treatment. A discontinuation of this program will have devastating effects on thousands of people and their communities.  MSF has worked alongside PEPFAR providing essential HIV care in this context and has seen firsthand how this program saves lives. The support of PEPFAR in this country is critical.

    PEPFAR-supported programming is deeply interconnected with and reliant on other components of the US foreign aid system, specifically implementation support provided by USAID and technical and other assistance provided by the US Centers for Disease Control and Prevention (CDC). Given that the foreign aid freeze and stop-work orders continue to affect these other agencies, and staff from these agencies have been put on immediate leave or recalled, it is unclear when and how even the limited activities now allowed will be able to restart.

    “These disruptions will cost lives and upend years of progress against this virus,” said Benoit. “Every day that passes is an emergency for millions of people for whom PEPFAR is a lifeline.”

    PEPFAR-supported programming has been heavily integrated into key aspects of the broader health systems of partner countries over the last 20 plus years and as a result the consequences of these disruptions have been far-reaching. For this reason, some of the services affected go beyond purely HIV treatment and prevention, such as in Uganda, where PEPFAR-funded aspects of infectious disease surveillance and response, including for Ebola virus, have been stopped.

    “When MSF first started treating people with HIV/AIDS in South Africa 25 years ago, there were no ARV medicines on the shelves, every diagnosis felt like a death sentence, and communities were desperately trying to curb the virus’ spread,” said Ellman.

    Since then, PEPFAR support has helped save more than 25 million lives and encouraged the fight against HIV to be a truly global one. But continued success relies on continued access to the full range of HIV-related programs, services, and goods including prevention services and treatment, population-specific and targeted programs, programs related to gender-based violence, and other critical areas, said MSF.

    As health care providers, we are deeply concerned by these disruptions to this lifesaving program.

    “Even temporary interruptions to key components of PEPFAR will harm people at risk of acquiring HIV and people living with HIV,” said Benoît. “We urge the US government to immediately resume all funding of critical humanitarian and health aid, including the full range of PEPFAR operations.”

    MSF is an international, medical, humanitarian organisation that delivers medical care to people in need, regardless of their origin, religion, or political affiliation. MSF has been working in Haiti for over 30 years, offering general healthcare, trauma care, burn wound care, maternity care, and care for survivors of sexual violence. MSF Australia was established in 1995 and is one of 24 international MSF sections committed to delivering medical humanitarian assistance to people in crisis. In 2022, more than 120 project staff from Australia and New Zealand worked with MSF on assignment overseas. MSF delivers medical care based on need alone and operates independently of government, religion or economic influence and irrespective of race, religion or gender. For more information visit msf.org.au  

    MIL OSI – Submitted News –

  • MIL-OSI United Kingdom: Government unveils plans for next generation of new towns

    Source: United Kingdom – Government Statements

    Hundreds of thousands of working people and families will reap the rewards new towns across Britain, as the Prime Minister paves the way for the largest housebuilding programme since the post-war era.

    • Over 100 sites across England have come forward to be considered for next generation of new towns
    • Government on track to create beautiful communities, provide affordable homes, and deliver much needed infrastructure, including schools and nurseries, GP surgeries, and bus routes 
    • By taking on the blockers, 20,000 homes, along with new schools and health facilities, will move forward following government action, and we will now turn to unblock the remaining 700,000 homes across 350 sites 
    • Comes as government rolls out major planning reforms to sweep away the blockers and push through its housebuilding agenda as part of the Plan for Change

    Hundreds of thousands of working people and families will reap the rewards new towns across Britain, as the Prime Minister paves the way for the largest housebuilding programme since the post-war era.

    Visiting a housing development today, the Prime Minister will unveil the government’s plans for the next generation of new towns – well-designed, beautiful communities with affordable housing, GP surgeries, schools and public transport where people will want to live. 

    Over 100 proposals from across every region in England were submitted, showing local areas and housebuilders’ ambition to get on board to build the next generation of new towns – playing their part in getting Britain building and tackling the worst housing crisis in living memory. Every new town will have the potential to deliver 10,000 homes or more. 

    Delivering security is central to this government’s Plan for Change, because the least working people deserve when they graft hard is a secure home. That’s why the government is providing much-needed housing in the right places with the right infrastructure, and the New Towns Taskforce has today set clear principles on what the next generation of new towns will deliver: affordable housing, vital infrastructure and access to open green spaces and nature, to transform the lives of working people. 

    Prime Minister Keir Starmer said:

    For so many families, homeownership is a distant dream. After a decade of decline in housebuilding, the impact is a disconnect between working hard and getting on.

    This is about more than just bricks and mortar. It’s about the security and stability that owning your own home brings. I know what this means for working people – the roof above our head was everything for our family growing up. 

    We’ve already made progress in just seven months, unblocking 20,000 stuck homes. But there’s more to do.

    We’re urgently using all levers available to build the homes we need so more families can get on the housing ladder. We’re sweeping aside the blockers to get houses built, no longer accepting no as the default answer, and paving the way for the next generation of new towns.

    As part of the largest housebuilding programme since the post-war era, our ambitious Plan for Change will transform the lives of working people, once again connecting the basic principle that if you work hard, you should get on.

    Deputy Prime Minister and Secretary of State for Housing, Angela Rayner said:  

    Time and again we are seeing too many new homes stuck or stalled that not only act as a barrier to growth but also has real-world consequences for working people and families who see homeownership as nothing more than a distant dream.  

    I will not run away from the tough choices to fix the housing crisis we inherited that has left thousands of families on housing waiting lists, allowed homelessness to spiral out of control, and stopped an entire generation from picking up the keys to their first home.  

    While our vision for the next generation of new towns is setting the stage for a housebuilding revolution in the years to come, urgent action is needed now to build the homes and infrastructure that our local communities are crying out for. That’s why our New Homes Accelerator is working at pace to find solutions and remove blockages in the system, executing long-lasting solutions to get spades in the ground.  

    Today we are embarking on the next chapter in our Plan for Change to build 1.5 million new homes, deliver the biggest boost in social and affordable housing in a generation, and raise living standards for working people and families across the country.

    For far too long, working people have been let down by a decline in housebuilding. That’s why the government is rolling up its sleeves and is taking on the blockers with major reforms to planning regulation to get Britain building. 

    That work is already underway, with a staggering 20,000 new homes now successfully unblocked by the government’s novel ‘New Homes Accelerator’ programme, which deploys planning expertise to speed up the delivery of housing sites held by unnecessary delays.  

    Areas that have already benefitted from direct government action include:

    • Over 1,000 homes unlocked at Cowley Hill in Liverpool, where an agreement has been reached with the Environment Agency who withdrew its previous objections on both flood risk and biodiversity grounds, subject to planning.
    • And at Wolborough in Devon, the Accelerator has worked with Natural England to help accelerate this development, whilst ensuring environmental improvements are secured. On top of the 1,100 homes the site is injecting £1.75 million towards off-site pedestrian and cycle improvements, playing pitches, bus services and a local travel plan.  

    Housebuilders and local councils have put forward over 350 housing development sites stuck in the system under the previous government – that together could unlock around 700,000 new homes.

    Around a quarter of sites submitted are already receiving government attention since the call for evidence closed in October – demonstrating success of the programme, and local ambition to support the government’s 1.5 million homes target.

    This goes hand-in-hand with government action to overhaul the planning system, supporting the builders and not the blockers, taking the brakes off economic growth, raising living standards, and making the tough decisions to deliver for working people and families. 

    This includes:

    • Publishing a new growth-focused National Planning Policy Framework, which introduced new mandatory for councils to deliver the right homes in the right places, with a combined total of 370,000 homes a year.
    • Introducing the Planning and Infrastructure Bill next month. The Bill will overhaul environmental regulations to no longer accept the failed status quo where bats are more important than trains or newts more important than homes, and remove blockers to fast-track delivery of the homes and infrastructure that local communities need.    

    To get Britain building now – the government today announces plans to fast stream planning through brokering disagreements between the agencies and expert bodies, which by law must be consulted within the planning process. Bodies including National Highways, Natural England and the Environment Agency will need to bring planners and housebuilders to the table and iron out concerns that have been holding back development.

    Responding to sector concerns on pinch points, work stepping up with the Building Safety Regulator to ensure greater timeliness and efficiency when new tall buildings are signed off – to provide more homes for more people.

    This work will be bolstered by extra government funding announced today, including:  

    • £1 million for government agencies, including National Highways, Natural England and the Environment Agency, to speed up the planning approval of new homes and improve feedback to local authorities and industry where required.

    • £2 million to support the Building Safety Regulator to continue improving the processing for new-build applications.

    • Over £3 million of grants for local councils to bolster planning capacity, alongside direct advice and navigate through some of the more complex issues holding up new development.   

    Alongside the Accelerator, the government is also supporting local partners through a clearing service to help accelerate the sale of uncontracted and unsold affordable homes, with nearly 300 housebuilders, local councils and registered providers signing up in the first 50 days of its launch.   

    In December, the government set a clear hierarchy of brownfield first, grey belt second and green belt third. Today, further funding is being injected to drive regeneration and brownfield deliver in the following areas:  

    • £20 million to help transform neglected small-scale council-owned sites into new homes, for areas most in need.

    • Nearly £30 million from the Brownfield Infrastructure and Land Fund in Bradford to transform derelict brownfield sites into a vibrant residential area with 1,000 new homes, three community parks, shops, cafés, restaurants, and offices.

    • £1.5 million to support a regeneration programme at Manchester Victoria North, delivering a new district of 15,000 homes with transport links and green spaces.   

    Getting homes built for working people is a priority and is backed by investment in housing which is increasing to £5 billion for this year, including a top-up of £800 million being injected into the existing Affordable Homes Programme to help deliver tens of thousands of new affordable and social homes across the country.   

    This is in addition to an extra £100 million of cash to bolster local resources with increased planning fees to cover costs and funding to recruit 300 planning officers, making sure councils have the capacity they need to rubberstamp new homes and infrastructure.

    Updates to this page

    Published 13 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: expert reaction to study looking at hormonal contraceptives and stroke and heart attack risk

    Source: United Kingdom – Executive Government & Departments

    A study published in the BMJ looks at hormonal contraceptives and the risk of heart attacks and strokes.

    Dr Sonya Babu-Narayan, Clinical Director at the British Heart Foundation and consultant cardiologist, said:

    “You shouldn’t be overly alarmed by these findings if you are using or considering starting hormonal contraception.  The additional risk of heart attack and stroke is very low for the vast majority – it’s equivalent to one extra heart attack for every 10,000 women using hormonal contraception for a year.  And pregnancy itself also increases your risk of developing blood clots, stroke and heart attack.

    “When considering hormonal contraception options, you will be able to discuss the risks and benefits with your GP so that you can make an informed decision about what is best for you.  This could include discussion and management of your existing cardiovascular risk factors like high blood pressure, diabetes, smoking, or if you are living with obesity.

    “The study lends weight to previous evidence of an association between hormonal contraception use and a small increase in the number of heart attacks and strokes.  The researchers made use of a wealth of long-term electronic healthcare information from over 2 million people in Denmark – this scale and breadth makes the findings more reliable and complete than previous studies and enables study of even rare complications like these.

    “However, the study is observational so it can’t prove cause and effect, and there may be other factors at play driving the links seen that aren’t sufficiently accounted for.

    “This latest study supports the current practice of recommending the option of a progestin intrauterine device – the hormonal coil – for those already living with high cardiovascular risk, as this wasn’t linked to more heart attacks and strokes.”

    Dr Becky Mawson, NIHR Clinical Lecturer in Primary Care, and GP with special interest in sexual and reproductive health, University of Sheffield, said:

    “Please do not stop using contraception based on this study!  The risk of stroke and heart attack in pregnancy and postnatal period is significantly higher than the risks reported in this study for contraceptives.  For those using contraceptives for treatment of health conditions, the slightly increased risk needs to be balanced with the benefit in quality of life for those suffering debilitating gynaecological and hormonal conditions.

    “Saying that, if you have other risk factors for strokes and heart disease, then it is worth discussing with your healthcare team to look at the safest options like the hormonal coil.  This observational study looks at relationships in data, not causes.  It adds to previous studies within the same database looking at increased blood clot risk.

    “While it remains true as it has done for years that we need to find better, risk-free alternatives to prevent pregnancy, in my view this study hasn’t changed that and should not cause alarm but does add to growing knowledge in this area.”

    Dr Clare Arnott, Conjoint Associate Professor, Cardiologist and Head of Cardiovascular Program, The George Institute for Global Health, and UNSW Sydney, said:

    “This is an interesting, timely and important study.  It is wonderful to see sex-specific cardiovascular risk factors given appropriate attention in medical research.

    “The study identified twice the risk of stroke and heart attack in those exposed to the combined oral contraceptive pill (and around 1.5x the risk for progestin only formulations).  Interestingly, while risk was also increased for the combined vaginal ring and patch (with relative risks higher with these preparations), no increased risk was observed for the progestin-only IUD.  Also of note, and clinical relevance, duration of use did not appear to impact risk.

    “While these relative risks are important, particularly at a public health/population level, it should be noted that absolute risk remains low in this patient population of young women.  It is also important to note that this study excluded women with a history of arterial thrombosis – a high risk group, and thus these results cannot be extrapolated to that population.

    “The study is strengthened by a large cohort size, which is nationally representative, long patient follow up period, and is adequately powered with respect to the number of events recorded.  Of course, as the authors rightly acknowledge, this is observational research, and correlation is not the same as causation.

    “Nonetheless, it is valuable information that should be routinely communicated to women to allow them, in conjunction with their healthcare provider, to make informed decisions about their health.  These data are also very important at a public health/ population level given the >200 million women worldwide using hormonal contraception, and thus public health clinicians and policy makers should take note.”

    Prof Angela Clerk, Professor of Biomedical Science, University of Reading, said:

    “The study appears to be comprehensive and rigorous, representing the whole of the Danish population.  There should be some caution in extrapolating to other populations with different ethnicities, since genetic background and cultural variation could affect cardiovascular risk, and some ethnicities not fully covered by the Danish population could have greater vulnerability.

    “This is clearly an important study but, while the focus is on the potential negative effects of contraception on cardiovascular risk, it is also clear that any increase in risk is actually very small.  This emphasises the overall safety of the drugs, particularly when balanced against the negative effects of unwanted pregnancies resulting from a lack of contraception.  Yes, there should be informed choice of the type of contraception, but perhaps lifestyle choices need to take greater precedence.  Though I am past that stage, this study would not stop me from using any of these forms of contraception over not using one and facing an unplanned pregnancy.”

    Dr Channa Jayasena, Consultant in Reproductive Endocrinology, Imperial College London, said:

    “Contraceptive medication is a vital healthcare option, which offers lower chances of accidental pregnancy compared with barrier contraceptive methods.  Contraceptives work by using high doses of female hormones like oestrogen and / or progesterone to temporarily ‘switch off’ the ovaries and womb.  Oestrogen is a ‘sticky’ hormone because it makes blood more likely to clot.  It is well-known that The Pill increases blood clot risk.  Increased blood clot risk increases risks of related problems like stroke and heart attack.  The current study helps to define the risks of different types of contraceptive medication.

    “The study is well designed because looks at health records from 2 million women of reproductive age living in Denmark.  The authors were careful to adjust for factors which might have affected the results.  The findings confirm that The Pill is associated with increased risks of stroke and heart attack.  Observational studies like this one cannot conclude that the Pill has caused stroke and heart attack; but our prior knowledge of how the pill works makes this likely.

    “My biggest criticism is the way that the results are presented.  Only 3 per 1000 women were affected by a stroke or heart attack; the risk among those on the pill was about 6-10 per 1000.  The absolute risk of having a stroke or heart attack on The Pill is still very low.

    “Women should take away the importance of smoking cessation, healthy eating, and exercise to minimise the (small) increased risk of stroke or heart attack associated with being on the pill.  Women who have high risks of stroke or heart attack that cannot be reduced should strongly consider a hormonal coil, because of its lack of associated increased stroke or heart attack risk.”

    ‘Stroke and myocardial infarction with contemporary hormonal contraception: real-world, nationwide, prospective cohort study’ by Harman Yonis et al. was published in the BMJ at 23:30 UK time on Wednesday 12 February 2025.

    DOI: 10.1136/bmj-2024-082801

    Declared interests

    Dr Sonya Babu-Narayan: “No conflicts of interests to declare.”

    Dr Becky Mawson: “Current project with South Yorkshire Digital Health Hub – The Hormone Effect – developing an app to collect data on side effects of contraception.

    Research lead (unpaid and no financial benefits) – The Lowdown Women’s Health Platform.”

    Dr Clare Arnott: “None to declare.”

    Prof Angela Clerk: “I no conflict of interest under any of the categories below with respect to industry funding.  I have no conflict of interest with any of my own research under these categories either.  I am a woman, however.”

    Dr Channa Jayasena: “No conflicts to declare.”

    MIL OSI United Kingdom –

  • MIL-OSI: CarePilot and Community Hospital Corporation Forge Strategic Partnership Following Successful Pilot of Ambient AI Technology

    Source: GlobeNewswire (MIL-OSI)

    KANSAS CITY, Mo. and PLANO, Texas, Feb. 12, 2025 (GLOBE NEWSWIRE) — CarePilot, a leader in AI-driven medical documentation for community healthcare, today announced a new strategic partnership with Plano, TX based Community Hospital Corporation (CHC) following a successful pilot of CarePilot’s ambient AI technology in several CHC facilities. Under this partnership, CHC plans to deploy and distribute CarePilot’s AI scribe solution across their managed and affiliated hospitals nationwide.

    • CarePilot’s ambient AI technology transforms spoken clinical conversations into comprehensive, structured documentation, enabling clinicians to focus on delivering patient care rather than on administrative tasks. This partnership is expected to streamline clinical workflows and ultimately enhance the patient experience throughout CHC’s extensive network.

    “We’re excited to work with CarePilot to bring AI to community health care and improve the experience for our patients and providers,” said Joe Ford, Regional Vice President of Information Technology at CHC.

    CHC is renowned for its support of community-based hospitals nationwide. The organization is either directly responsible for or supports the day-to-day operations of 23 hospitals across the country.  Additionally, CHC Consulting, CHC IT management, Telecom and Supply chain programs extend its influence to over 200 network hospitals. This broad reach positions CHC as a pivotal force in enhancing community health care delivery across diverse regions. By integrating CarePilot’s AI solution, the partnership aims to reduce administrative burdens on clinicians, optimize clinical documentation, and foster more meaningful interactions between healthcare providers and their patients.

    “We’re committed to bringing cutting-edge technology to rural and community hospitals. Our collaboration with CarePilot and their ambient AI platform is a testament to that commitment. By automating documentation in ambulatory, ED, and inpatient settings, and ensuring seamless compatibility with various EHRs, we’re not only improving operational efficiency, but also making this advanced technology accessible to our dedicated healthcare professionals, ultimately driving better patient outcomes in the communities we serve.”

    About CarePilot
    CarePilot is at the forefront of AI-driven documentation solutions for community healthcare. Its cutting-edge AI scribe technology converts clinical conversations into detailed clinical notes, reducing the administrative burden on providers and allowing them to focus on what truly matters—patient care. Designed for seamless integration into existing clinical workflows, CarePilot’s solution is transforming the landscape of clinical documentation across community health settings.

    About CHC Community Hospital Corporation
    Community Hospital Corporation owns, manages and consults with hospitals through CHC Hospitals, CHC Consulting and CHC ContinueCARE with the purpose to collaborate with partners and bring innovative solutions to support the vibrancy and accessibility of community healthcare. Based in Plano, Texas, CHC provides the resources and experience community hospitals need to improve quality outcomes, patient satisfaction and financial performance.

    For more information, please visit www.carepilot.com or www.chc.com.

    CONTACT:
    Joseph Tutuera, CEO
    sales@carepilot.com
    6550 Sprint Parkway
    Suite 200
    Overland Park, Kansas, 66211, USA

    The MIL Network –

  • MIL-Evening Report: Tiny splendid peacock spiders have the fastest known jump among their kin – new study

    Source: The Conversation (Au and NZ) – By Ajay Narendra, Associate Professor of Insect Neuroethology, Macquarie University

    Pranav Joshi

    Jumping spiders – one of the largest spider families – get their name from the extraordinary jumps they make to hunt prey, to navigate and also to evade predators.

    Male jumping spiders also jump to escape from cannibalistic females and competing males. So they are under tremendous pressure to jump efficiently and rapidly.

    We studied the jumping abilities of miniature male and female Australian peacock spiders. We found that the males – incredibly light creatures, weighing just 2 milligrams – have the highest acceleration among any known jumping spider.

    Our study is the first to explore and identify differences in how male and female jumping spiders undertake their impressive jumps. It’s now published in the Journal of Experimental Biology.

    A male Australian splendid peacock spider.
    Pranav Joshi

    Unique hydraulics

    Jumping is an energetically “expensive” movement strategy. To perform it, animals have to launch themselves from a surface by coordinating the movement of numerous body parts.

    Some invertebrates, like ants, jump with the help of their muscles. Others, like fleas, use energy stored in internal structures that are rapidly released to trigger a leap.

    Jumping spiders are different – they use a unique semi-hydraulic system. They don’t have muscles to extend their legs and power the jumps. Instead, they extend their legs by increasing the pressure of the haemolymph (fluid analogous to blood in invertebrates) in their legs, which triggers the jump.

    Peacock spiders are well known for the elaborate courtship display males carry out to court females. It has captured the attention of biologists and non-scientific audiences alike. The display includes extending and waving their third pair of legs and opening the colourful flap-like extensions on the abdomen.

    The quantitative description of jumping movements, known as jump kinematics, has only been conducted for four of the 6,000+ jumping spider species known worldwide. On top of this, scientists have never investigated differences in jump dynamics in male and female spiders.

    Because male and female peacock spiders differ strongly in size from each other, they present a unique opportunity to identify sex-specific differences in jump kinematics.

    Spiders on campus

    We studied the Australian splendid peacock spider (Maratus splendens) found both on the Macquarie University campus in Sydney and in the surrounding area.

    The females weighed more than twice as much as males, and the heaviest female was 6.6 times heavier than the lightest male. We scanned male and female specimens using micro-computed tomography and carried out a 3D reconstruction to determine the centre of mass of each sex.

    Micro CT reconstruction of the male of the Australian splendid peacock spider with centre of mass highlighted by a circle.
    Ajay Narendra

    We then filmed the jumps of male and female spiders using a high-speed camera, and tracked the animals’ centre of mass during each jump. From this, we measured a suite of kinematic measures, including jump take-off angle, acceleration, and g-force.

    We found that these lighter male peacock spiders have a distinct jump choreography and kinematics compared to the heavier females.

    High, fast and steep

    We discovered that the splendid peacock spiders accelerated at 127.8 m/s² – more than twice as fast as the previous highest known acceleration in jumping spiders.

    This rapid acceleration may have evolved to escape from predators or to track and capture fast-moving prey in their natural environments.

    Though the lighter males accelerated faster, after controlling for body mass we found that acceleration in males was slower compared to females. Males and females experienced accelerations equivalent to 13.03 times and 12.5 times the force of gravity, respectively.

    Interestingly, the jumps of males were at a steeper angle than those of females, which is likely an adaptation to rapidly escape from females and other males.

    A question that remained was which of the four pairs of legs powered this rapid jump. To figure this out, we tracked multiple joints on all of the spiders’ legs throughout the jump.

    We found that the joint on the third pair of legs had an extremely acute angle before jumping, and rapidly changed to something like a straight angle after attaining maximum acceleration. Our results show that it’s the third pair of legs that propels the splendid peacock spider into its impressive jumps.

    Ajay Narendra receives funding from Australian Research Council.

    – ref. Tiny splendid peacock spiders have the fastest known jump among their kin – new study – https://theconversation.com/tiny-splendid-peacock-spiders-have-the-fastest-known-jump-among-their-kin-new-study-247241

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Australia: Four charged over alleged aggravated armed robbery at Perth

    Source: Tasmania Police

    Four charged over alleged aggravated armed robbery at Perth

    Thursday, 13 February 2025 – 10:17 am.

    Four people have been charged over a targeted armed robbery at Perth.
    Police received a call from the victim of the alleged robbery on Tuesday evening after four people known to him forced their way into his residence.
    The victim was physically assaulted by one offender who was in possession of a baseball bat, but not seriously injured.
    The alleged offenders then left the scene with the victim’s vehicle, wallet and phone and a large amount of his property.
    Police quickly responded, and located the stolen vehicle a short time later at a Newnham residence.
    Four people – including a 32 Newnham woman, 29 year old Westbury man, 35 year old Newnham man, and 20 year old Launceston man, were located with the vehicle and arrested by police.
    All four have been charged with aggravated armed robbery and motor vehicle stealing and appeared in the Launceston Magistrates Court yesterday.
    They are due to appear again on March 11.
    Police would like to reassure the public this was a targeted incident involving people known to each other and there was no threat to the wider community.
    Investigations are ongoing.
    Anyone with information should contact police on 131 444 or Crime Stoppers anonymously on 1800 333 000 or online at crimestopperstas.com.au

    MIL OSI News –

  • MIL-OSI: $TOCKHOLDER ALERT: The M&A Class Action Firm Continues To Investigate The Merger – ENFN, VCSA, ACCD, AVAV

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 12, 2025 (GLOBE NEWSWIRE) — Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating:

    • Enfusion, Inc. (NYSE: ENFN), relating to the proposed merger with Clearwater Analytics. Under the terms of the agreement, Enfusion shareholders will receive $5.85 per share in cash and $5.40 per share in Clearwater Class A Common Stock.

    Click here for more https://monteverdelaw.com/case/enfusion-inc-enfn/. It is free and there is no cost or obligation to you.

    • Vacasa, Inc. (NASDAQ: VCSA), relating to the proposed merger with Casago. Under the terms of the agreement, Casago will acquire all outstanding shares of Vacasa held by public stockholders at a price of $5.02 per share.

    Click here for more https://monteverdelaw.com/case/vacasa-inc-vcsa/. It is free and there is no cost or obligation to you.

    • Accolade, Inc. (Nasdaq: ACCD), relating to the proposed merger with Transcarent. Under the terms of the agreement, Transcarent will acquire Accolade for $7.03 per share in cash.

    Click here for more https://monteverdelaw.com/case/accolade-inc-accd/. It is free and there is no cost or obligation to you.

    • AeroVironment, Inc. (NASDAQ: AVAV), relating to the proposed merger with BlueHalo LLC. Under the terms of the agreement, AeroVironment shareholders will own approximately 60.5% of the combined company.

    ACT NOW. The Shareholder Vote is scheduled for April 1, 2025.

    Click here for more information https://monteverdelaw.com/case/aerovironment-inc-avav/. It is free and there is no cost or obligation to you.

    NOT ALL LAW FIRMS ARE THE SAME. Before you hire a law firm, you should talk to a lawyer and ask:

    1. Do you file class actions and go to Court?
    2. When was the last time you recovered money for shareholders?
    3. What cases did you recover money in and how much?

    About Monteverde & Associates PC

    Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court. 

    No company, director or officer is above the law. If you own common stock in any of the above listed companies and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

    Contact:
    Juan Monteverde, Esq.
    MONTEVERDE & ASSOCIATES PC
    The Empire State Building
    350 Fifth Ave. Suite 4740
    New York, NY 10118
    United States of America
    jmonteverde@monteverdelaw.com
    Tel: (212) 971-1341

    Attorney Advertising. (C) 2024 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter.

    The MIL Network –

  • MIL-OSI Australia: Cousins reunite in Grampians fire fight

    Source: Victoria Country Fire Authority

    Terence Dwyer and Stephen Walls

    It was a bittersweet reunion for two firefighter cousins who crossed paths while battling the Western Victoria fires, with one lending a hand from ACT and the other a local to the region.

    Recently retired CFA Assistant Chief Fire Officer from Grampians region, Stephen Walls stepped into a familiar role as the night Deputy Incident Controller at the Horsham Incident Control Centre on 6 February while ACT Rural Fire Service firefighter and cousin Terence Dwyer was on the fireground finishing his final shift for the week. 

    Having had experience in a level three control role for over 20 years and as a current volunteer firefighter with Newstead Fire Brigade, Stephen was happy to offer his support and expertise in an area he was well accustomed to.

    “When my first night shift started, the Little Desert fire was making a bit of a run to the east on the northern border and ran around 6km in an hour which required a few hours of work and back burning overnight to round that up to reduce the risk to the community,” Stephen said.

    “The night shift Incident Management Team (IMT) that I was part of was managing the fire overnight and preparing the shift plans for the following day. A big part of this is trying to allocate resources appropriately for the day and debriefing with day shift crews returning in.

    “We had interstate crews in a base camp in Horsham and some FFMVic crews in Halls Gap, so we were trying to manage the deployments to make sure people didn’t have to travel large distances, given one side of the fire to the other was the best part of two hours.”

    Although a fleeting exchange, it was the first time Stephen and Terence had worked on the same fire together.

    “Our grandmother’s family comes from Gymbowen in the Wimmera, immediately south of the Little Desert fire, and was somewhat under threat when it was a making a run,” Stephen said.

    “We crossed paths at the base camp on my first night, just as he was returning from the fire edge, so it wasn’t really a social catch up, but more a debrief,” Stephen said.

    “I waved him and the other interstate firefighters from ACT and NSW off in the morning from Horsham.

    “Terence visits the area more regularly than I do with his family, but we’ve still got many family and friends down that way, so it was nice to reconnect there, albeit the circumstances.”

    As a local tradesman and volunteer for 23 years in ACT with a specialty in remote firefighting, Terence was pleased he saw Stephen while assisting an area that means a lot to their family.

    “I messaged Stephen to let him know I was heading down there, as he is great at making an effort when he in my neck of the woods, and he just happened to say he was too,” Terence said.

    “I really enjoyed the deployment down to the Grampians, we were very well looked after at the base camp.

    “We were in a strike team of five Ultra Light tankers and worked predominantly along the Western edge of the Grampians, patrolling, mopping up and dealing with some spot overs.

    “It was very interesting to work in different types of country and we enjoyed chatting to other crews on the fireground from different parts of the region and worked well with crews from South Australia forestry.

    “It was nice to see the improvement in the fire while we were there, as the Wimmera dealt with some difficult weather conditions both through the high temperatures and some bad storms.”

    Submitted by CFA media

    MIL OSI News –

  • MIL-OSI Submissions: Australia – Household spending flat in January as Aussies take a break after stronger fourth quarter – CBA

    Source: Commonwealth Bank of Australia (CBA)

    Spending stalled at 153.4 in January, following a strong sales spending to finish 2024.

    The monthly CommBank Household Spending Insights (HSI) Index was flat in January, unchanged at 153.4, as consumers took a breather from opening their wallets following sale activity in the final months of 2024.  

    Modest spending increases were seen across six of the 12 spending categories, with the most notable uplifts seen in spending on Motor vehicles (+1.5 per cent), Insurance (+1.2 per cent), and Health (+1.0 per cent).  

    The biggest spending falls in January were in Education (-1.8 per cent), driven by reduced spending on universities, Hospitality (-1.0 per cent) and Household Goods (-0.9 per cent).

    “The flat January HSI result was somewhat expected following the spike in spending we saw in the last three months of 2024 off the back of Black Friday, Cyber Monday and Boxing Day sales. Essentials made up the three highest spending categories in the month as consumers pulled back on discretionary spending,” CBA Senior Economist Belinda Allen said.

    “We expect the RBA to lower interest rates at their first meeting of the year next week which will help provide a boost to consumer spending over the coming months. We anticipate a total of 100 basis points of monetary policy easing throughout 2025 to drive an improvement in the consumer spending pulse.”

    On an annual basis, homeowners with a mortgage (+3.0 per cent) have surprisingly seen a larger increase in spending compared to those who own their home outright (+2.8 per cent), while renters continue to lag (+2.0 per cent).

    “The increase in spending by those with a mortgage can be attributed to the fact that not only are this cohort likely at a stage of life where they’re spending on essential items, they’re still dedicating a significant share of their wallet to recreation and entertainment,” Belinda Allen concluded.

    The CommBank HSI index tracks month-on-month data at a macro level and is based on de-identified payments data from approximately 7 million CBA customers, comprising roughly 30 per cent of all Australian consumer transactions.

    MIL OSI – Submitted News –

  • MIL-OSI New Zealand: Fire and Emergency New Zealand deploys aviation specialist to Tasmanian fires

    Source: Fire and Emergency New Zealand

    Fire and Emergency New Zealand has sent a wildfire aviation specialist to Australia to run the aerial attack on several large bushfires in the north west of Tasmania.
    Fire and Emergency Deputy National Commander Ken Cooper says the Tasmanian Fire Service and the Tasmanian Parks and Wildlife Service have been managing a number of significant vegetation fires sparked by dry lightning strikes since 3 February.
    “The fires are in challenging terrain and the Tasmanians have been mostly managing the fires with aircraft while ground crews battle the fires accessible by road,” he says.
    It is expected the current significant fires will continue to burn uncontained for several weeks, causing ongoing resourcing and fatigue management pressures.
    Our specialist arrived in Tasmania on Wednesday and has relieved the Tasmanian Air Operations Manager. They will be providing the overall coordination of aerial operations across the fires over the next two weeks.
    “Our thoughts are with our neighbours in Tasmania, and we are happy to answer the call for help,” Ken Cooper says.
    Fire and Emergency supports other countries in their time of need. Alongside predecessor organisations, we have been deploying personnel internationally to wildfire emergencies for more than 20 years.
    This deployment is Fire and Emergency’s 75th international wildfire deployment since 2000. There have been 1544 firefighters deployed during this time. Note: this number does not include non-wildfire deployments, such as for natural disasters.
    “When Fire and Emergency receives a request for firefighting assistance, we firstly consider the fire conditions in Aotearoa before we decide if we can support our international colleagues,” Ken Cooper says.
    “These international deployments are not only beneficial for the countries that receive help, but also to our people. They gain valuable experience and skills in dealing with large scale and complex wildfires, which can be different from the types of fires they usually encounter back home.”

    MIL OSI New Zealand News –

  • MIL-OSI Australia: ABC News with Patricia Karvelas

    Source: Australian Executive Government Ministers

    PATRICIA KARVELAS: As we mentioned in our headlines, the Government says they are prepared to acquire Rex Airlines if a suitable buyer for the collapsed business isn’t found. Now, rival regional airlines have questioned why the Federal Government has refused to meet with them to discuss their offers of support on key Rex routes. The Nationals say any move by the Government to buy out Rex should be a last resort.

    [Excerpt]

    DAVID LITTLEPROUD: We don’t want the taxpayer to have to prop up what should be a commercially viable enterprise. The reality is Rex proved that until they took a change of course, and it’s difficult for then other smaller aviation companies to actually compete with the Australian taxpayer if we enter it. So, what needs to happen is that we need to accelerate the process to allow the solution to be created by the aviation sector themselves. They’re willing and able. They’re prepared to come to the table, but they’ve been locked out because it’s been the unions that have been dictating to the Government about who can actually put their hand up to buy Rex. 

    [End of excerpt]

    PATRICIA KARVELAS: To tell us more, Transport Minister Catherine King joins us live. Catherine King, welcome. 

    CATHERINE KING: Hi. It’s really lovely to be with you.

    PATRICIA KARVELAS: It is. You have put this on the table, but you say it’s not your preference. So, what? Is it just a political tactic?

    CATHERINE KING: No, not at all. What we’ve seen, and we’ve been working with the voluntary administration right the way along, the first sort of thing that we had to do was we put in the guarantee, so you’ll either fly or you’ll get your money back. Luckily, that hasn’t had to be drawn on, passenger numbers are keeping up. The next thing we had to do is – obviously, there was a first sale process that was not successful and we are working our way with the administrators on how can we best support a second sale process – we have come to the party with a credit, a line of credit, in order to keep the administration going. It’s not a grant. It’s a line of credit so that the administration can keep flying the airline. And then, what we’ve also done is stepped into the shoes of the largest creditor so that the company doesn’t get liquidated while we have this second sale process.

    What we’ve said today is that it’s abundantly clear that a second sale process won’t be successful without government support. And we are saying we are prepared to, where there are credible bidders that make its way through the administration process, that we will negotiate that support. Which is also why I can’t meet with individual airlines because they are potential bidders. [Indistinct]…

    PATRICIA KARVELAS: [Interrupts] Okay. Because the Financial Review is reporting that 43 airlines under the Regional Aviation Association of Australia wrote to you last year requesting a meeting that you wouldn’t.

    CATHERINE KING: I can’t meet with them for probity reasons because some of them will be bidders and they will be in a negotiation again, possibly against each other, and I will have to treat every bidder equally, which is why they need to work through the administration. So I can’t, for probity reasons, meet with them. I have met with their peak body before, I meet with them regularly, but I can’t meet with individual airlines who may be bidders in terms of Rex itself.

    PATRICIA KARVELAS: The RAAA Chief Executive has said that you’ve refused to meet them, but also says that they want to put forward a market-based solution for their association’s members. So, perhaps something quite different. 

    CATHERINE KING: Yep.

    PATRICIA KARVELAS: Isn’t that worth pursuing?

    CATHERINE KING: They can now do that. That’s what this has opened up today, through this second sale process. 

    PATRICIA KARVELAS: [Talks over] Has that meeting happened?

    CATHERINE KING: They can now do that, but I can’t meet with them because-

    PATRICIA KARVELAS: [Interrupts] The department can?

    CATHERINE KING: The department’s been meeting with potential bidders all the way along, and that’s been happening. That’s been happening all the way along. But I can’t meet with them because this is now a process where the Government will step in with some support, and we will need to treat every single bidder exactly the same. And so, I don’t know who those are going to be so I can’t meet with individual potential bidders, and I really welcome that there are airlines wanting to do that. 

    What I don’t want to see, though, is the cannibalisation of the routes, and some people saying, well, we want this bit, not this bit, and it really hollowing out.

    PATRICIA KARVELAS: [Talks over] Correct. I was going to go to that, because some people are proposing different- 

    CATHERINE KING: Yeah.

    PATRICIA KARVELAS: What’s wrong with that if it provides a commercial solution rather than the government stepping in?

    CATHERINE KING: It might provide a solution. But again, what – from the first principles of policy – what the Government wants to do is keep routes in regional aviation. We want to keep them flying and we want to make sure they’re viable, not just in the short term but in the longer term as well. Which is why we think the second sale process won’t be successful without government support, and that’s why we’ve got this process now in place. It may be-

    PATRICIA KARVELAS: [Interrupts]When you say with government support…

    CATHERINE KING: Yep.

    PATRICIA KARVELAS: …does that look like a sort of co-ownership model? Like, what sort of [indistinct] could it look like?

    CATHERINE KING: Yeah. At the moment, we’re very open to all of that. And different bidders will come forward and say, you know, we will buy the airline if you do X, Y and Z. And that is the competitive tension that needs to happen as part of this second sale process.

    PATRICIA KARVELAS: [Talks over] Does that mean the government could have, let’s say, a 40 per cent stake?

    CATHERINE KING: It could say that. But the biggest barrier for a sale of this airline at the moment has been that the planes are old and it is highly capital intensive to replace them. And so, that has been the largest barrier. And again, we will have to look at what someone is bringing to the table and what is the best value for taxpayer money; where we’re we going to be able to keep as many of the routes going as possible – I want to keep all of them going if we can; and-

    PATRICIA KARVELAS: [Interrupts]Well, is that a guarantee, if I can just pick you up on that? 

    CATHERINE KING: I would like to but, obviously, we’re going to- that is in the hands of whoever purchases the airline. 

    PATRICIA KARVELAS: Shouldn’t it be, actually, a pre-condition that you must keep them all open?

    CATHERINE KING: It is certainly one of the things that we will be looking at as part of that process. But at the first principle, what the Government is absolutely determined to do is to keep regional aviation and regional communities connected. I was pretty shocked today to see some of the commentary from the National and the Liberal Party who are, basically – I don’t know what that was about today – who are, basically I think, abandoning regional communities and regional aviation.

    PATRICIA KARVELAS: Well, they’re arguing there should be a commercial solution.

    CATHERINE KING: Well, and we’re saying that as well, but we’re also saying that if there isn’t, we are saying that we will start the process to consider if government should acquire it. We’ll need to do that with states and territories as partners, they subsidise a lot of these routes currently. And we’ll need to start the process for that as the buyer of last resort. 

    PATRICIA KARVELAS: Okay. And the buyer of last resort, does that mean that sort of states and territories go in with you?

    CATHERINE KING: We would certainly- we’re certainly in discussions with states and territories who subsidise many of the intrastate routes, which are their responsibility now. 

    PATRICIA KARVELAS: And can you give me a sense of which states are showing an interest in going in?

    CATHERINE KING: Well, every state wants to keep regional aviation going. All of them want regional aviation to… Rex flies everywhere. There’s more than 40 routes that are different routes that are flown weekly. Almost half of those are routes where they’re the only airline that actually flies in. And that’s pretty critical to getting people in regional communities to medical appointments, to their homes, to keep businesses going, to get FIFO workers in. They’re pretty- it’s a pretty important piece of economic infrastructure for our regions. 

    PATRICIA KARVELAS: Just on another topic, but still very much in your portfolio, is it right that the Victorian Government wants a top-up to the contentious Suburban Rail Loop? 

    CATHERINE KING: So, I mean, it’s in- all in the public domain. I must admit, I’ve been reluctant to comment on this because there’s a fair bit of gossip going around and it’s unhelpful, I think, as we [Indistinct] not you just-

    PATRICIA KARVELAS: [Interrupts] I am happy for you to just tell us the facts now.

    CATHERINE KING: So I will say- yeah. So on Suburban Rail Loop, I have released the $2.2 billion. Infrastructure Australia and my department have now assessed that and recommended that money be released to the Victorian Government on the basis of very specific things that it will be going towards. And so I have now signed that off. And the Victorian Government, I’m sure, will be receiving the news of that now as we speak. So you’ve got [Indistinct].

    PATRICIA KARVELAS: [Talks over] So, can you just be clear, that’s not- just the distinction, I know that they’re asking for a top up. You’re saying that’s not the top up? That’s…?

    CATHERINE KING: No, that’s the- so that’s the existing money that we’ve had on the table for Suburban Rail East. We will continue discussions, as we do through budget processes with every state and territory, and the Victorians are no different, who come to us with an ask. But I’ve been pretty consistent in terms of suburban rail to say there are still some hurdles that the Victorian Government will need to overcome in relation to advice that I will receive from Infrastructure Australia about particularly the costings around value capture before the Commonwealth can make another investment.

    PATRICIA KARVELAS: So you’re not convinced that this is a value for money proposition? 

    CATHERINE KING: I do think it’s a really good project. As a Victorian, I actually know- you know, and I grew up in the south eastern suburbs of Melbourne. That was my home and was my home well into my 20s. And I would catch that Glen Waverley train…

    PATRICIA KARVELAS: [Talks over] Same here.

    CATHERINE KING: [Indistinct]…train into the city as a 14-year-old all the time. I’ve seen the huge population growth around Box Hill where you and I would go shopping and you’d take your friends there as well. So really, it’s an important project for the city. It’s a big project for the city. You know, I’m a supporter of it, but I also need to make sure that I’m getting value for money for Australian taxpayers’ dollars and [Indistinct].

    PATRICIA KARVELAS: [Interrupts] So, to be clear, you’ve now- you said that they’ll be finding out now you’ve handed over two- just to be clear?

    CATHERINE KING: Yeah. The 2.2, which was the election commitment we made, Infrastructure Australia and the- my department have now provided me with advice on the assessment of their- the project appraisal report, which is pretty routine. That’s what I do. And that’s now been released to the Victorian Government. 

    PATRICIA KARVELAS: Okay. And that now draws a line for a while, you’re saying no extra funding?

    CATHERINE KING: Well, what I’m saying to them is there’s some more work that will need to be done before further investment in Suburban Rail Loop. But there’s also other projects, of course, that we continue to talk to the Victorians about. I work with very closely [Indistinct]…

    PATRICIA KARVELAS: [Interrupts] Because it brings me to the Werribee by-election and some of the lessons there. There are parts of your heartland who feel very neglected. Is that part of the lesson here?

    CATHERINE KING: I think that, again, I stood with Jacinta Allan to talk about and to put money into a road project, two road projects in Werribee, and they had been worked with and negotiated on and talked with the Victorian Government well over six months ago. You know, they were not new. They were things that the Victorian Government had brought to me to say, we need to invest in the West. 

    PATRICIA KARVELAS: But beyond that, you’re talking about something that’s already committed. There’s clearly more demand [Indistinct]…

    CATHERINE KING: [Interrupts] Yeah, absolutely. And that’s what happens through budget processes, through the mid-year economic financial outlook. They come to me with projects that they want to invest in, they want us to co-invest in, and they do that all the way around the state. They’ve done- you know, in regional communities, they’ve put $1 billion into a road blitz to really deal with potholes and a range of things in regional communities. You know, we’re really keen to partner with them on a whole range of projects, and we’ll keep talking to them as part of the budget process. 

    PATRICIA KARVELAS: Catherine King, thanks for coming in. 

    CATHERINE KING: Good to talk to you.

    MIL OSI News –

  • MIL-OSI Australia: School year starts with safer school zones across regional NSW

    Source: Australian Executive Government Ministers

    As the new school year gets underway, parents and students across regional NSW can feel reassured knowing that hundreds of school zones are now safer following upgrades delivered through the School Zone Infrastructure Sub Program.

    Since its launch in 2020, this over $40 million investment by the Australian and NSW governments has enabled the NSW Government and local councils to implement 474 critical safety improvements on roads near schools in regional and rural areas.

    These improvements have enhanced safety and accessibility in school zones, making it easier for both drivers and pedestrians to navigate these areas.

    In towns and communities across regional NSW, these upgrades include:

    • raising pedestrian ‘wombat’ crossings and pedestrian ‘blisters’
    • creation of “kiss and drop” locations along with installing signage
    • installation of pedestrian refuges and zebra crossings
    • installation of new kerb ramps, pedestrian fencing and lighting
    • installation of traffic signals
    • installation and upgrades of footpaths and shared paths
    • signage upgrades
    • repainting and replenishing faded “Dragon’s Teeth” markings on roadways
    • guttering and pathway to provide safe access between bus stop and school.

    From Bega to Broken Hill and the Richmond Valley, these road safety infrastructure projects have delivered significant improvements to local schools across regional NSW. 

    The School Zone Infrastructure Sub Program is part of a broader $1.18 billion investment from the Australian and NSW Governments under the Road Safety Program and has played a crucial role in enhancing safety. 

    These projects were designed to protect vulnerable road users, reduce road trauma and save lives, and supported more than 2,500 direct and indirect jobs, as the economy recovered from the COVID-19 pandemic.

    For more information visit the Transport for NSW website here.

    Quotes attributable to Federal Assistant Minister for Regional Development, Anthony Chisholm: 

    “Important investments like these will keep students and parents safe on the streets that surround NSW schools, and are part of our collective commitment to significantly reduce the number of incidents on our roads.

    “I’d like to thank the NSW Government for working constructively with us on road safety projects such as these, which are critical to helping bring down the number of lives lost on NSW roads. 

    “These upgrades form part of the Federal Government’s commitment under the Road Safety Program to work in partnership with the states and territories to fund priority road safety works across the nation.”

    Quotes attributable to NSW Minister for Regional Transport and Roads, Jenny Aitchison: 

    “Ensuring the safety of our students as they travel to and from school is a high priority for the NSW Government. The enhancements made through the School Zone Infrastructure Sub Program will not only protect our young road users but also provide peace of mind for parents and caregivers.

    “Our collaboration with the Federal Government and local councils has been instrumental in delivering these vital safety improvements. From raising pedestrian crossings to installing new signage, every enhancement is designed to make our roads safer for everyone.

    “As we welcome students back to school, let’s remember that road safety is a shared responsibility. I urge all drivers to stay vigilant in school zones, ensuring our children arrive at school safely.”

    MIL OSI News –