Category: Economy

  • MIL-OSI United Nations: World News in Brief: Violence in Somalia, cholera in Haiti, tax support for sustainable development

    Source: United Nations MIL OSI

    Clashes intensified in the town of Mahas in the Hiraan region, Hirshabelle state, on 26 July forcing the entire population – over 28,000 people – to flee their homes. 

    Another 38,000 people were displaced in the Gedo region, Jubaland state, between 23 and 26 July, some of whom crossed into Kenya. 

    Security concerns have forced seven health facilities in the Hiraan region to suspend operations, leaving thousands of people without essential healthcare and emergency services. Humanitarian access also has been restricted, particularly in areas that were already hard to reach.  

    OCHA noted that only a limited number of aid partners are able to operate in these locations given the insecurity as well as financial constraints. Meanwhile, affected communities urgently need shelter, food, clean water, healthcare and protection. 

    The situation is unfolding as aid agencies grapple with severe funding cuts. A $1.4 billion humanitarian plan for Somalia this year is around 16 per cent funded, with $229 million received to date.

    Cholera haunts displaced families in Haiti

    Cholera continues to impact the fragile public health system in Haiti, particularly in sites hosting displaced people where there is limited access to safe water and sanitation.

    The Caribbean country is confronting multiple political, security and socio-economic crises, including rampant gang activity mainly in the capital, Port-au-Prince.  

    The UN World Health Organization (WHO) said that between 13 and 19 July, 34 new suspected cholera cases were reported across six of the nation’s 10 departments. Most were linked to displacement sites. 

    Five active transmission hotspots have been identified, including in Port-au-Prince and in the northern regions. 

    Since December 2024, over 2,800 suspected cholera cases have been recorded across Haiti, with 91 laboratory-confirmed cases and 36 fatalities. 

    Despite funding shortfalls, UN humanitarian partners continue to carry out key cholera prevention and response activities. 

    Families in Artibonite department received water purification tablets and oral rehydration salt, for example, while partners in central Haiti have installed handwashing stations and scaled up community outreach. 

    Experts to help countries create tax policies that advance sustainable development

    Secretary-General António Guterres has appointed 25 experts to a UN committee to help countries design tax policies that advance their social, environmental and economic development objectives. 

    The UN Committee of Experts on International Cooperation in Tax Matters supports governments in navigating complex policy trade-offs.  Its work provides countries with practical options and tools based on real-world experiences from tax systems across the globe. 

    The 25 experts, who will serve for the 2025-2029 term, have diverse expertise in tax policy design and administration, as well as international tax cooperation. 

    They represent various geographical regions and tax systems, and the majority are women, reflecting the UN’s commitment to strengthening inclusivity in tax leadership. 

    MIL OSI United Nations News

  • MIL-OSI New Zealand: Economy – RBNZ launches new indicators to track financial inclusion

    Source: Reserve Bank of New Zealand

    31 July 2025 – The Reserve Bank of New Zealand – Te Pūtea Matua (RBNZ) has created a series of financial inclusion indicators, designed to improve understanding of how well the financial system is serving the diverse needs of our communities and how it evolves over time.

    Director of Financial System Assessment, Kerry Watt, says financial inclusion is an important feature of an effective modern financial system.

    “When people are excluded from financial services, it can limit their ability to participate in the economy and ultimately their wellbeing. Our indicators are part of our efforts to understand and track how the financial system is serving New Zealanders,” Mr Watt says.

    The indicators focus on the ability of individuals and businesses to obtain and access to financial services such as cash services, deposit accounts, and credit.

    Key findings from the report include:

    97% of adults in Aotearoa New Zealand reported having at least one deposit account. However, access varies by age, income, and ethnicity.
     
    70% of adults have at least one regulated credit product, though this drops to 64% among Māori. Regional disparities are also evident, with Gisborne showing notably lower access relative to its population size than other parts of the country.
     
    Rural residents, particularly those over 60, are less likely to find it easy to deposit cash than urban residents.
     
    Māori-owned businesses received $3.5 billion in lending from the four largest banks, just 2% of total business lending (of $185 billion).

    The indicators have been developed based on international approaches and reflect the growing recognition, both globally and domestically, of financial inclusion as a core component of financial system performance.

    “Understanding and promoting financial participation is a priority for the Reserve Bank. These indicators build a fuller picture of access, use, and outcomes to support New Zealanders in having reasonable access to financial products and services that meet their needs,” Mr Watt says.

    More information

    Financial inclusion indicators – Reserve Bank of New Zealand – Te Pūtea Matua: https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=68a46cf85b&e=f3c68946f8

    MIL OSI New Zealand News

  • MIL-OSI USA: SBA Offers Relief to Washington Small Businesses and Private Nonprofits Affected by Drought

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to small businesses and private nonprofit (PNP) organizations in Washington to offset economic losses caused by drought beginning July 8.

    The declaration covers the Washington counties of Adams, Asotin, Columbia, Franklin, Garfield, Lincoln, Spokane and Whitman as well as Idaho counties of Benewah, Latah and Nez Perce and the Oregon county of Wallowa.

    Under this declaration, SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries, and PNPs including faith-based with financial losses directly related to the disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.

    EIDLs are available for working capital needs caused by the disaster and are available even if the business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable and other bills not paid due to the disaster.

    “Through a declaration by the U.S. Secretary of Agriculture, SBA provides critical financial assistance to help communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We’re pleased to offer loans to small businesses and private nonprofits impacted by these disasters.”

    The loan amount can be up to $2 million with interest rates as low as 4% for businesses and 3.625% for PNPs with terms up to 30 years. Interest does not accrue, and payments are not due until 12 months after the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

    To apply online, visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    Submit completed loan applications to SBA no later than March 16, 2026.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News

  • MIL-OSI USA: SBA Offers Relief to Kansas Small Businesses and Private Nonprofits Affected by May Drought

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to small businesses and private nonprofit (PNP) organizations in Kansas to offset economic losses caused by drought beginning May 20.

    The declaration covers the Kansas counties of Decatur, Graham, Norton, Phillips, Rawlins, Sheridan and Thomas as well as the Nebraska counties of Furnas, Harlan and Red Willow.

    Under this declaration, SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries, and PNPs including faith-based with financial losses directly related to the disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.

    EIDLs are available for working capital needs caused by the disaster and are available even if the business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable and other bills not paid due to the disaster.

    “Through a declaration by the U.S. Secretary of Agriculture, SBA provides critical financial assistance to help communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We’re pleased to offer loans to small businesses and private nonprofits impacted by these disasters.”

    The loan amount can be up to $2 million with interest rates as low as 4% for businesses and 3.625% for PNPs with terms up to 30 years. Interest does not accrue, and payments are not due until 12 months after the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

    To apply online, visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    Submit completed loan applications to SBA no later than March 16, 2026.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News

  • MIL-OSI USA: SBA Offers Relief to Nebraska Small Businesses and Private Nonprofits Affected by May Drought

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to small businesses and private nonprofit (PNP) organizations in Nebraska to offset economic losses caused by drought beginning May 13.

    The declaration covers the Nebraska counties of Buffalo, Butler, Chase, Clay, Colfax, Dawson, Dodge, Dundy, Fillmore, Franklin, Frontier, Furnas, Gosper, Hamilton, Harlan, Hayes, Hitchcock, Jefferson, Kearney, Lancaster, Lincoln, Merrick, Nuckolls, Perkins, Phelps, Platte, Polk, Red Willow, Saline, Saunders, Seward, Thayer and York as well as Kansas counties of Decatur, Norton and Rawlins.

    Under this declaration, SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries, and PNPs including faith-based with financial losses directly related to the disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.

    EIDLs are available for working capital needs caused by the disaster and are available even if the business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable and other bills not paid due to the disaster.

    “Through a declaration by the U.S. Secretary of Agriculture, SBA provides critical financial assistance to help communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We’re pleased to offer loans to small businesses and private nonprofits impacted by these disasters.”

    The loan amount can be up to $2 million with interest rates as low as 4% for small businesses and 3.625% for PNPs with terms up to 30 years. Interest does not accrue, and payments are not due until 12 months after the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

    To apply online, visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    Submit completed loan applications to SBA no later than March 16, 2026.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News

  • MIL-OSI USA: SBA Offers Relief to Idaho Small Businesses and Private Nonprofits Affected by July Drought

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced the availability of low‑interest federal disaster loans to small businesses and private nonprofit (PNP) organizations in Idaho to offset economic losses caused by drought.

    The disaster declarations cover the counties listed below:

    Declaration
    Number

    Primary
    Counties/Parishes

    Neighboring
    Counties/Parishes

    Incident Type

    Incident Date

    Deadline

    ID 21214

    Clearwater, Idaho, Lemhi, Lewis and Shoshone Adams, Benewah, Bonner, Butte, Clark, Custer, Kootenai, Latah, Nez Perce and Valley in Idaho; Beaverhead, Mineral, Missoula, Ravalli and Sanders in Montana; Wallowa in Oregon. Drought Beginning July 1, 2025

    3/16/26

    ID 21217

    Benewah, Latah and Nez Perce Clearwater, Idaho, Kootenai, Lewis and Shoshone in Idaho; Wallowa in Oregon; Asotin, Spokane and Whitman in Washington. Drought Beginning July 8, 2025

    3/16/26

    Under these declarations, SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries, and PNPs including faith-based with financial losses directly related to the disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.

    EIDLs are available for working capital needs caused by the disaster and are available even if the business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable and other bills not paid due to the disaster.

    “Through a declaration by the U.S. Secretary of Agriculture, SBA provides critical financial assistance to help communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We’re pleased to offer loans to small businesses and private nonprofits impacted by these disasters.”

    The loan amount can be up to $2 million with interest rates as low as 4% for businesses and 3.625% for PNPs with terms up to 30 years. Interest does not accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

    To apply online and receive additional disaster assistance information visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    Submit completed loan applications to the SBA no later than March 16, 2026.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News

  • MIL-OSI USA: SBA Offers Relief to Colorado Small Businesses and Private Nonprofits Affected by May Drought

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to small businesses and private nonprofit (PNP) organizations in Colorado to offset economic losses caused by drought beginning May 13.

    The declaration covers the Colorado counties of Eagle, Garfield, Grand, Jackson, Lake, Moffat, Pitkin, Rio Blanco, Routt and Summit as well as Utah counties of Daggett and Uintah, and the Wyoming counties of Carbon and Sweetwater.

    Under this declaration, SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries, and PNPs including faith-based with financial losses directly related to the disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.

    EIDLs are available for working capital needs caused by the disaster and are available even if the business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable and other bills not paid due to the disaster.

    “Through a declaration by the U.S. Secretary of Agriculture, SBA provides critical financial assistance to help communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We’re pleased to offer loans to small businesses and private nonprofits impacted by these disasters.”

    The loan amount can be up to $2 million with interest rates as low as 4% for small businesses and 3.625% for PNPs with terms up to 30 years. Interest does not accrue, and payments are not due until 12 months after the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

    To apply online, visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    Submit completed loan applications to SBA no later than March 16, 2026.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News

  • MIL-OSI New Zealand: Retirement Commission – New data reveals financial discomfort among women at an all-time high

    Source: e Ara Ahunga Ora Retirement Commission

    New research from Te Ara Ahunga Ora Retirement Commission has revealed that record numbers of women are feeling more uncomfortable financially compared to their male counterparts.
     
    Data from the Retirement Commission’s financial sentiment tracker has found that 62% of women are financially uncomfortable in comparison to 51% of men in the year to 30 June 2025. The proportion of women who were worried about their finances pay-to-pay and their levels of debt is now the highest since research began in July 2021.
     
    The Retirement Commission surveys thousands of New Zealanders each year to track how people are feeling about their finances. The insights are used to help identify where particular challenges are and opportunities to provide better support.
     
    Over the last few years, the financial sentiment tracker has shown the power that having an emergency savings fund can have on people’s financial wellbeing when they have some protections in place to cope with the unexpected. This latest report reveals that 44% of the population currently do not have an emergency fund in place, ultimately threatening their financial resilience.
     
    Women were less likely than men to have an emergency fund (48% either don’t think they’ll have one or are just considering setting one up, compared to 41% of men).
     
    Data found that 64% of people who had set up an emergency savings fund in the last three months felt confident about their future (almost identical to those with established funds at 65%) in comparison to only 22% of those without a fund.
     
    This August, the Retirement Commission’s annual Sorted Money Month campaign is putting the spotlight on emergency savings.
     
    Sorted Personal Finance Lead Tom Hartmann is encouraging New Zealanders to set up an emergency savings fund if they don’t already have one.
     
    “Starting an emergency savings fund, even if it is only $5 a week, can help people avoid debt and cope better in a crisis,” he says.
     
    “The research shows that putting money into emergency savings to deal with financial challenges when they arise, will also help you feel more optimistic about the future, and encourage a savings habit that ultimately builds financial resilience.”
     
    The National Strategy for Financial Capability partners are also supporting Money Month with events and programmes across the country.  These events can be found the on the Sorted event calendar allowing people to find out what is happening locally and get involved. 

    Ngā Tāngata Microfinance Trust’s General Manager, Vijay Farley-Naiker was keen to support the drive to build emergency savings with their community. Ngā Tāngata Microfinance offers affordable loans to help those on low incomes get ahead with money.
    Farley-Naiker’s advice is, “start your emergency savings today, it’s a small step that can make a big difference and break the cycle of financial stress.”
    Ngā Tāngata Microfinance is running a free family event in Henderson, Auckland Build your buffer, on Saturday 30 August, with a free sausage sizzle, games as well as budgeting services, financial mentors and financial institutions ready to help people start building their emergency fund.
    Sorted will host two free webinars during Money Month, providing independent financial information to help people start an emergency savings fund. Stressed to sorted – Emergency savings 101 will be held on 12 August followed by How and emergency fund can save your life on 26 August, featuring a panel of experts from community and financial organisations as they share their tips for building and keeping emergency savings.
     
    By the numbers:

    • 44% of the general population do not currently have an emergency savings fund.
    • 64% of those who’ve set up an emergency fund in the last three months agree with the statement ‘I/we feel optimistic and confident about my/our future right now’ compared to only 22% of those who don’t believe they will set one up in the near future.
    • Only 35% of those with an emergency fund are concerned about finances from pay to pay, compared to 64% of those without a fund.
    • 56% of participants feel financially uncomfortable, while 44% feel financially comfortable.
    • The gap between women and men feeling financially comfortable has widened over the past four years, with only 38% of women feeling financially comfortable compared to 49% of men in 2025.
    • The proportion 18 to 34-year-olds feeling financially comfortable has declined from 53% in 2022 to 43% in 2025
    • The proportion of Māori participants feeling financially comfortable has dropped from 42% two years ago to 34% this year.
    • On a year-on-year basis, more people are concerned about finances from pay to pay this year (42%) compared to last year (40%), while optimism about the future has increased to 46% from 44%.

    About Sorted
    Sorted is a free service run by Te Ara Ahunga Ora Retirement Commission, the government-funded, independent agency dedicated to helping New Zealanders get ahead financially.
    As New Zealand’s trusted personal finance site, Sorted has the information needed to tackle debt, plan and budget, save and invest, dial up your KiwiSaver, plan for retirement, protect what’s important, and manage a mortgage. Providing tools, guides and blogs, Sorted can help no matter where you are at when it comes to money.
    About Te Ara Ahunga Ora Retirement Commission
    Te Ara Ahunga Ora Retirement Commission aims to help New Zealanders to retire with confidence. Retiring with confidence means New Zealanders feel secure they’ll have resources to live and the know-how to make

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Tech and Security – Gen Threat Report Reveals Rise in Crypto, Sextortion and Tech Support Scams in an AI-Powered World

    Source: Gen

    Gen in New Zealand tracks 77,721% rise in crypto scams, 170% spike in sextortion scams, and 278% increase in malicious push notifications

    Auckland, 31 July 2025 – Gen (NASDAQ: GEN), a global leader powering Digital Freedom with a family of trusted brands including Norton, Avast, LifeLock, MoneyLion and more, today released its Q2/2025 Gen Threat Report. This quarter was marked by the takedown of the first known ransomware developed using AI, and globally, a 21% growth in data breaches and a 340% increase in financial scams. The team of Gen researchers also found a 100% increase in sextortion scams and a surge in Tech Support Scams spreading through Facebook.

    New Zealand’s top threats in Q2/2025 were:

    ·        Malvertising

    ·        Scams (phishing, generic scams, E-shop scams, dating scams)

    “This quarter’s global tr

    MIL OSI New Zealand News

  • MIL-OSI Security: Met prioritises neighbourhood policing to tackle crime in London hotspots

    Source: United Kingdom London Metropolitan Police

    The Metropolitan Police is ruthlessly prioritising resources and putting more officers on the beat in the busiest parts of London – including the West End – to focus on core policing priorities, protect the public, and tackle areas with high crime.

    Despite the Met getting smaller, it is applying more resources and smarter tactics to tackle the biggest priorities.

    Up to 80 more officers will join the dedicated West End team to bear down on crimes which Londoners care about the most – including antisocial behaviour, violence against women and girls, shoplifting and phone robbery – as part of the Met’s focus on neighbourhood policing.

    The intensified action is part of ongoing work by the Met and Mayor of London to boost local neighbourhood teams, enhance partnership working and put high visibility policing at the heart of fighting crime and rebuilding trust.

    The West End will see its policing team grow by over 50 per cent so they can relentlessly target prolific offenders as well as being visible and approachable to protect the public and deter criminals.

    Six town centre teams will also be expanded or newly created with 90 additional officers in areas with the highest volumes of thefts and robberies covering Brixton, Kingston, Ealing, Finsbury Park, Southwark, and Spitalfields.

    Commissioner Sir Mark Rowley said:

    “The Met is getting smaller but more capable. We have a laser-like focus on ensuring our officers and staff are in roles where they can drive down crime on issues that matter the most to Londoners.

    “This is what the public expects of the police, which is why we are putting neighbourhood policing first, tackling the crimes that we know are impacting the public in the busiest areas, and making the capital’s streets safer.

    “We’re adding up to 170 additional officers, split between the West End and town centres across London. Thanks to the hard work of our local teams, neighbourhood crime has already fallen by almost a fifth over the last year and moving these officers to the frontline will make sure we are a more visible presence in London.

    “While our budget has decreased in real terms, we are using this additional funding from City Hall and Home Office productively to support our mission to take a targeted approach to tackling volume crime and bolster our specialist tactics to disrupt the criminal gangs who fuel anti-social behaviour, robbery and theft.”

    The Mayor of London, Sadiq Khan, said:

    “Nothing is more important to me than keeping Londoners safe. Thanks to record funding from City Hall, the West End will see a 50 per cent increase in the number of police officers on the beat and an additional 90 police officers working in new or enhanced town centre teams in hotspot areas.

    “Despite years of austerity by the previous government, this is the latest example of the Met Police and I prioritising what Londoners want and delivering on our pledge to put high visibility policing at the heart of fighting crime and rebuilding community confidence and trust.

    “These new and boosted Safer Neighbourhood Teams will focus on tackling antisocial behaviour, phone robbery and shoplifting in key areas. This fresh targeted action is happening in tandem with enhanced police and partnership work already underway in our high streets and town centres this summer. We will continue to build on the crime reductions already achieved in the capital – with robbery, theft and knife crime down since the start of the financial year – to build a safer London for all.”

    Already, the Met has recruited over 300 additional PCSOs for neighbourhood policing teams towards a target of 500, as well as adding over 300 officers from Superintendents to Constables.

    This work to focus resource in the right places, builds on enhanced partnership action with local authorities, businesses and communities to tackle crime in London’s busy town centres and high streets, announced earlier this month.

    The Met is arresting 1000 more criminals each month and thanks to the hard work of its officers, London’s Violence Reduction Unit, Mayor’s Office for Policing and Crime (MOPAC), local authorities and partners, the first six weeks of this financial year have seen promising reductions in a number of crime types compared to the same period last year.

    • Neighbourhood crime down by 15.3 per cent
    • Knife crime down by 18.1 per cent
    • Residential burglary down by 17.7 per cent
    • Theft from the person down by 15.6 per cent
    • Personal robbery down by 12.8 per cent
    • Shoplifting – solved 163 per cent more cases this year
    • In the West End specifically the Met has reduced:
    • Personal robbery by 20%
    • Violence with injury by 25%
    • Violence against a person by 8%

    Ros Morgan, Chief Executive, Heart of London Business Alliance:

    “A safer West End is essential to its success. We welcome the Mayor and Met Commissioner’s response to our calls for more policing. With over 200 million visitors a year and a £50 billion contribution to the UK economy, keeping this district secure isn’t optional — it’s vital. We’ll continue working with the Met to protect the West End’s reputation as a world-class destination.”

    Dee Corsi, Chief Executive, New West End Company, said:

    “We know, first-hand, the incredible work that the Metropolitan Police Service undertakes every day here in the West End to tackle anti-social behaviour, shoplifting, phone robbery and violence against women and girls. But we also know that tackling complex crime challenges is more difficult when resources are squeezed. That’s why today’s announcement, and renewed commitment to the West End, is a critical step forward. We will continue to work in partnership with the Metropolitan Police Service, the Mayor of London and other local stakeholders to ensure the West End remains safe and welcoming for all.”

    Anthony Hemmerdinger, Managing Director, Boots said:

    “Retail theft alongside intimidation and abuse of our team members is unacceptable, so we welcome this additional support from the Mayor and Metropolitan Police to increase resources in some of our busiest central London store locations.

    “While we continue to invest significantly in schemes to deter and disrupt crime, including our state-of-the-art CCTV monitoring centre and bodycams for our team members in stores, it is only through close partnership working with Government, Police, and local communities, that we can ensure high streets feel like welcoming and safe spaces for people to work, shop and visit, all the time.”

    Against the backdrop of these improvements and increased demand for policing in London, tough choices are still being made across the organisation.

    The Met is shrinking overall by 1,700 officers and staff – they have started by moving officers from the dedicated Royal Parks policing team and schools officers into local policing teams. This will ensure officers are part of larger neighbourhood policing teams, policing parks as part of larger teams and ensuring children are safe on their school commute where they are most at risk.

    The Met are going further to place officers on the beat, ensuring London is a safer place to live, work and visit. A more visible presence will increase reassurance for the public and create a hostile environment for criminals who will be arrested in greater numbers.

    The Met secured additional funding after submitting their draft budget which laid out how they would spend their money in 2025/26. As a result, they are using £32 million of additional funding from City Hall and the Home Office to reduce the total officer and staff reductions in priority areas.

    The efficiency savings are due to real-term reductions in public spending on policing and every decision the Met makes is to ensure resources are focussed in the most vital areas and on core-policing priorities.

    The funding will also allow specialist police capabilities to be expanded to support neighbourhood policing priorities and improve out outcomes in tackling high-harm offenders and violence against women and girls. This will include:

    • Bolstering Flying Squad with over 50 additional officers to support neighbourhood policing as they tackle the organised crime gangs that fuel phone robbery and shoplifting.
    • Scaling up our use of Live Facial Recognition (LFR) more widely supported by additional officers and staff. Currently LFR is used four times a week across two days, but this will increase up to five days a week, delivering up to 10 deployments a week across London to drive up arrests of wanted offenders.
    • The Public Order Crime Team will expand to accommodate the rise in protest-related criminal investigations to ensure frontline officers are freed up to focus on local issues. Demand in this area increased in the last two years.
    • Additional resource will be funded to support local policing teams to coordinate work to hunt down dangerous and predatory offenders identified in our V100 and Violence Harm Assessment work.

    As well as targeting resource in specific priority areas, the funding has allowed the Met to reduce some of the previously outlined cuts – including providing 17 officers to join neighbourhood policing teams to support the continued policing of Royal Parks as part of our business as usually work and stopping previously proposed reductions to Flying Squad.

    The Met is also publishing A New Met for London: Phase 2 – a plan for the next three years, following the success of the first plan to deliver more trust, less crime and high standards.

    The new plan focusses on shedding distractions and bureaucracy that divert police away from crime-fighting, allowing our officers and staff to focus on what matters most to the public we serve, making greater use of technologies such as live facial recognition and automation, and providing officers and staff with the tools and equipment they need, to be more effective and more productive.

    The Met is asking the public for their views. To share your views complete this survey: https://www.surveymonkey.com/r/6NCR3LH

    MIL Security OSI

  • MIL-OSI Security: Met prioritises neighbourhood policing to tackle crime in London hotspots

    Source: United Kingdom London Metropolitan Police

    The Metropolitan Police is ruthlessly prioritising resources and putting more officers on the beat in the busiest parts of London – including the West End – to focus on core policing priorities, protect the public, and tackle areas with high crime.

    Despite the Met getting smaller, it is applying more resources and smarter tactics to tackle the biggest priorities.

    Up to 80 more officers will join the dedicated West End team to bear down on crimes which Londoners care about the most – including antisocial behaviour, violence against women and girls, shoplifting and phone robbery – as part of the Met’s focus on neighbourhood policing.

    The intensified action is part of ongoing work by the Met and Mayor of London to boost local neighbourhood teams, enhance partnership working and put high visibility policing at the heart of fighting crime and rebuilding trust.

    The West End will see its policing team grow by over 50 per cent so they can relentlessly target prolific offenders as well as being visible and approachable to protect the public and deter criminals.

    Six town centre teams will also be expanded or newly created with 90 additional officers in areas with the highest volumes of thefts and robberies covering Brixton, Kingston, Ealing, Finsbury Park, Southwark, and Spitalfields.

    Commissioner Sir Mark Rowley said:

    “The Met is getting smaller but more capable. We have a laser-like focus on ensuring our officers and staff are in roles where they can drive down crime on issues that matter the most to Londoners.

    “This is what the public expects of the police, which is why we are putting neighbourhood policing first, tackling the crimes that we know are impacting the public in the busiest areas, and making the capital’s streets safer.

    “We’re adding up to 170 additional officers, split between the West End and town centres across London. Thanks to the hard work of our local teams, neighbourhood crime has already fallen by almost a fifth over the last year and moving these officers to the frontline will make sure we are a more visible presence in London.

    “While our budget has decreased in real terms, we are using this additional funding from City Hall and Home Office productively to support our mission to take a targeted approach to tackling volume crime and bolster our specialist tactics to disrupt the criminal gangs who fuel anti-social behaviour, robbery and theft.”

    The Mayor of London, Sadiq Khan, said:

    “Nothing is more important to me than keeping Londoners safe. Thanks to record funding from City Hall, the West End will see a 50 per cent increase in the number of police officers on the beat and an additional 90 police officers working in new or enhanced town centre teams in hotspot areas.

    “Despite years of austerity by the previous government, this is the latest example of the Met Police and I prioritising what Londoners want and delivering on our pledge to put high visibility policing at the heart of fighting crime and rebuilding community confidence and trust.

    “These new and boosted Safer Neighbourhood Teams will focus on tackling antisocial behaviour, phone robbery and shoplifting in key areas. This fresh targeted action is happening in tandem with enhanced police and partnership work already underway in our high streets and town centres this summer. We will continue to build on the crime reductions already achieved in the capital – with robbery, theft and knife crime down since the start of the financial year – to build a safer London for all.”

    Already, the Met has recruited over 300 additional PCSOs for neighbourhood policing teams towards a target of 500, as well as adding over 300 officers from Superintendents to Constables.

    This work to focus resource in the right places, builds on enhanced partnership action with local authorities, businesses and communities to tackle crime in London’s busy town centres and high streets, announced earlier this month.

    The Met is arresting 1000 more criminals each month and thanks to the hard work of its officers, London’s Violence Reduction Unit, Mayor’s Office for Policing and Crime (MOPAC), local authorities and partners, the first six weeks of this financial year have seen promising reductions in a number of crime types compared to the same period last year.

    • Neighbourhood crime down by 15.3 per cent
    • Knife crime down by 18.1 per cent
    • Residential burglary down by 17.7 per cent
    • Theft from the person down by 15.6 per cent
    • Personal robbery down by 12.8 per cent
    • Shoplifting – solved 163 per cent more cases this year
    • In the West End specifically the Met has reduced:
    • Personal robbery by 20%
    • Violence with injury by 25%
    • Violence against a person by 8%

    Ros Morgan, Chief Executive, Heart of London Business Alliance:

    “A safer West End is essential to its success. We welcome the Mayor and Met Commissioner’s response to our calls for more policing. With over 200 million visitors a year and a £50 billion contribution to the UK economy, keeping this district secure isn’t optional — it’s vital. We’ll continue working with the Met to protect the West End’s reputation as a world-class destination.”

    Dee Corsi, Chief Executive, New West End Company, said:

    “We know, first-hand, the incredible work that the Metropolitan Police Service undertakes every day here in the West End to tackle anti-social behaviour, shoplifting, phone robbery and violence against women and girls. But we also know that tackling complex crime challenges is more difficult when resources are squeezed. That’s why today’s announcement, and renewed commitment to the West End, is a critical step forward. We will continue to work in partnership with the Metropolitan Police Service, the Mayor of London and other local stakeholders to ensure the West End remains safe and welcoming for all.”

    Anthony Hemmerdinger, Managing Director, Boots said:

    “Retail theft alongside intimidation and abuse of our team members is unacceptable, so we welcome this additional support from the Mayor and Metropolitan Police to increase resources in some of our busiest central London store locations.

    “While we continue to invest significantly in schemes to deter and disrupt crime, including our state-of-the-art CCTV monitoring centre and bodycams for our team members in stores, it is only through close partnership working with Government, Police, and local communities, that we can ensure high streets feel like welcoming and safe spaces for people to work, shop and visit, all the time.”

    Against the backdrop of these improvements and increased demand for policing in London, tough choices are still being made across the organisation.

    The Met is shrinking overall by 1,700 officers and staff – they have started by moving officers from the dedicated Royal Parks policing team and schools officers into local policing teams. This will ensure officers are part of larger neighbourhood policing teams, policing parks as part of larger teams and ensuring children are safe on their school commute where they are most at risk.

    The Met are going further to place officers on the beat, ensuring London is a safer place to live, work and visit. A more visible presence will increase reassurance for the public and create a hostile environment for criminals who will be arrested in greater numbers.

    The Met secured additional funding after submitting their draft budget which laid out how they would spend their money in 2025/26. As a result, they are using £32 million of additional funding from City Hall and the Home Office to reduce the total officer and staff reductions in priority areas.

    The efficiency savings are due to real-term reductions in public spending on policing and every decision the Met makes is to ensure resources are focussed in the most vital areas and on core-policing priorities.

    The funding will also allow specialist police capabilities to be expanded to support neighbourhood policing priorities and improve out outcomes in tackling high-harm offenders and violence against women and girls. This will include:

    • Bolstering Flying Squad with over 50 additional officers to support neighbourhood policing as they tackle the organised crime gangs that fuel phone robbery and shoplifting.
    • Scaling up our use of Live Facial Recognition (LFR) more widely supported by additional officers and staff. Currently LFR is used four times a week across two days, but this will increase up to five days a week, delivering up to 10 deployments a week across London to drive up arrests of wanted offenders.
    • The Public Order Crime Team will expand to accommodate the rise in protest-related criminal investigations to ensure frontline officers are freed up to focus on local issues. Demand in this area increased in the last two years.
    • Additional resource will be funded to support local policing teams to coordinate work to hunt down dangerous and predatory offenders identified in our V100 and Violence Harm Assessment work.

    As well as targeting resource in specific priority areas, the funding has allowed the Met to reduce some of the previously outlined cuts – including providing 17 officers to join neighbourhood policing teams to support the continued policing of Royal Parks as part of our business as usually work and stopping previously proposed reductions to Flying Squad.

    The Met is also publishing A New Met for London: Phase 2 – a plan for the next three years, following the success of the first plan to deliver more trust, less crime and high standards.

    The new plan focusses on shedding distractions and bureaucracy that divert police away from crime-fighting, allowing our officers and staff to focus on what matters most to the public we serve, making greater use of technologies such as live facial recognition and automation, and providing officers and staff with the tools and equipment they need, to be more effective and more productive.

    The Met is asking the public for their views. To share your views complete this survey: https://www.surveymonkey.com/r/6NCR3LH

    MIL Security OSI

  • MIL-OSI: Quick Custom Intelligence Secures Eight-Figure Investment from Curve Partners to Accelerate Growth

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, July 30, 2025 (GLOBE NEWSWIRE) — Quick Custom Intelligence (QCI), a leading provider of Generative AI-driven analytics and operational software for casinos and resorts, today announced that it has secured a significant minority growth investment from Curve Partners. This strategic funding backs QCI’s current management team – led by co-founders Dr. Ralph Thomas and Andrew Cardno – to continue their remarkable growth trajectory and will fuel further acceleration of product expansion and global reach markets.financialcontent.com. The investment underscores confidence in QCI’s vision and provides significant capital to extend the company’s market leadership in the gaming resort technology sector.

    QCI’s co-founders weighed multiple investment offers over the past year before selecting Curve Partners as their growth partner. “For us, finding the right investment partner was critical,” said Dr. Ralph Thomas, Co-Founder and CEO of QCI. “We engaged with several potential investors, but Curve Partners stood out with their understanding of our industry and their commitment to helping companies like ours scale responsibly. This investment is not just capital – it’s a partnership that validates our vision and gives us additional firepower to accelerate product development and customer success.” QCI’s leadership was impressed by Curve’s focus on high-growth, founder-led companies and their enthusiasm for the resort systems space – the sophisticated software and analytics powering modern casino resorts. Curve’s team recognized QCI as the clear market leader in this domain, given QCI’s extensive deployment and innovation track record markets.financialcontent.com. The growth capital infusion not only validates QCI’s success to date but also positions the company for even faster expansion in the coming years.

    Landon Jaussi, Founder and Managing Partner at Curve Partners www.curvepartners.co, expressed his excitement about the new partnership. “QCI is everything we look for at Curve,” said Jaussi. “It is a bootstrapped, founder-led, and product-first company that is deeply respected by customers. As investors, we have been looking closely at the resort systems and gaming technology sector, and QCI stands out as a clear leader. Ralph and Andrew have built a powerful vertical SaaS platform with real technical depth and multi-product scale, all while remaining high growth and profitable. Their reputations in the industry are unmatched, and Curve is proud to support them as the first institutional investor and board member.”

    QCI’s recent growth and product diversification have been nothing short of remarkable. Key milestones over the past year include:

    • Global Expansion: QCI’s platform is now deployed in over 300 casino resorts worldwide, collectively managing more than $40 billion in annual gross gaming revenue markets.financialcontent.com. The company’s operational footprint spans 17 countries and 30 U.S. states, a reach that “cements the company’s position as a global leader in casino and resort intelligence” markets.financialcontent.com.
    • Product Suite Growth: In July 2025, QCI acquired VizExplorer, a renowned casino analytics and dispatch management software provider. This acquisition expanded QCI’s product suite and capabilities markets.financialcontent.com, establishing QCI as a “powerhouse in the casino and resort data activation world” with deeper solutions for the fast-diversifying gaming industry markets.financialcontent.com.

    “Having Curve Partners on board is a huge validation of what our team has built,” added Andrew Cardno, Co-Founder and CTO of QCI. “Curve’s support will help us double down on our product roadmap and global expansion plans. We believe this partnership will translate into even greater value for our customers as we continue to lead the market with cutting-edge solutions for the casino and resort industry.” According to Cardno, the funding will enable QCI to accelerate R&D in new features and AI capabilities while maintaining the company’s focus on customer success and innovation. Both co-founders emphasized that Curve’s investment aligns with QCI’s long-term strategy of sustainable, tech-driven growth in the hospitality gaming sector.

    About Quick Custom Intelligence (QCI)

    Quick Custom Intelligence (QCI) has pioneered the QCI Enterprise Platform, an artificial intelligence-driven solution that seamlessly integrates player development, marketing, and gaming operations with powerful real-time tools for the gaming and hospitality industries. QCI’s advanced, highly configurable software is deployed in over 300 casino resorts across North America, Europe, Asia, Australia, Latin America and beyond, managing more than $40 billion in annual gross gaming revenue. The QCI platform is recognized as a best-in-class solution that enables fully coordinated activities across all aspects of casino and resort operations, helping operators make swift, data-informed decisions that optimize resources, increase profits, and enhance the guest experience. Co-founded by Dr. Ralph Thomas and Mr. Andrew Cardno, QCI is headquartered in San Diego, with additional offices in Las Vegas, St. Louis, Denver, and Phoenix. For more information, visit the QCI website at quickcustomintelligence.com.

    About Curve Partners

    Founded by Landon Jaussi, former TCV investor, Curve Partners (www.curvepartners.co) invests in leading, bootstrapped technology companies at early-growth inflection points. The firm partners with exceptional, founder-led teams building capital-efficient businesses in B2B and B2B2C software and data platforms. Curve Partners’ investment approach centers on providing strategic support and capital to help companies scale sustainably and achieve market leadership.

    Legal counsel for Curve Partners was provided by Croke Fairchild Duarte & Beres LLC

    ABOUT Andrew Cardno

    Andrew Cardno is a distinguished figure in the realm of artificial intelligence and data plumbing. With over two decades spearheading private Ph.D. and master’s level research teams, his expertise has made significant waves in data tooling. Andrew’s innate ability to innovate has led him to devise numerous pioneering visualization methods. Of these, the most notable is the deep zoom image format, a groundbreaking innovation that has since become a cornerstone in the majority of today’s mapping tools. His leadership acumen has earned him two coveted Smithsonian Laureates, and teams under his mentorship have clinched 40 industry awards, including three pivotal gaming industry transformation awards. Together with Dr. Ralph Thomas, the duo co-founded Quick Custom Intelligence, amplifying their collaborative innovative capacities. A testament to his inventive prowess, Andrew boasts over 150 patent applications. Across various industries—be it telecommunications with Telstra Australia, retail with giants like Walmart and Best Buy, or the medical sector with esteemed institutions like City Of Hope and UCSD—Andrew’s impact is deeply felt. He has enriched the literature with insights, co-authoring eight influential books with Dr. Thomas and contributing to over 100 industry publications. An advocate for community and diversity, Andrew’s work has touched over 100 Native American Tribal Resorts, underscoring his expansive and inclusive professional endeavors.

    ABOUT Dr. Ralph Thomas

    Dr. Ralph Thomas is the Co-Founder and Chief Executive Officer of Quick Custom Intelligence. Ralph is a product visionary in applied analytics and the founder of two companies that deliver solutions in casino gaming, education, and adult learning. As a gaming industry veteran, Dr. Thomas has substantial experience implementing analytics into single and multi-property gaming companies to drive tangible and measurable gains to the bottom line and has built business intelligence tools for multibillion-dollar casinos. Dr. Thomas is co-author of seven books and over 80 articles on applied analytics and data science in gaming, an inventor on dozens of patents, and understands gaming from raw data up through casino operations, giving him a unique, 360-degree view of the industry.

    Contact:

    Laurel Kay, Quick Custom Intelligence

    Phone: 858-349-8354

    The MIL Network

  • MIL-OSI: Hampton Financial Corporation Announces 3rd Quarter Results

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

    TORONTO, July 30, 2025 (GLOBE NEWSWIRE) — Hampton Financial Corporation (“Hampton” or the “Company”, TSXV: HFC) today announced its financial results for the 3rd quarter ended May 31st, 2025.

    Third Quarter ended May 31st, 2025.

    IFRS results highlights:

    • Q3 Revenue of $1,738,000; decrease of 39% year-over-year
    • Q3 Net Loss of $(1,201,000) or $(0.02) per share;

    Fiscal results (IFRS results adjusted for non-cash Items) highlights:

    • Q3 Adjusted Net Loss of $(945,000) or $(0.02) per share;
    • Q3 EBITDA of $(686,000) vs $305,000 in the comparative quarter last year

    Summary of Corporate Developments:

    While our 3rd quarter results reflect continued weakness, results for the 9 months ended May 31st show signs of improvement which is being felt across across the Capital Markets industry. Corporate finance is improving slightly over the first half of our fiscal year but is still well below 2023/24 levels. While 2025 is showing some signs of improvement, the year ahead for our core business remains somewhat unclear. That said we intend to move ahead with a number of initiatives to further expand our business portfolio, while growing our existing Wealth Management and Capital Markets businesses.

    Hampton’s commercial lending business, via its wholly owned subsidiary Oxygen Working Capital (“OWC”), has begun to show growth and make progress across a number of fronts, while onboarding new clients and diversifying it’s lending base. With further opportunities to lend across its existing portfolio currently being evaluated, the balance of the year is set to show similar signs of progress as the loan book continues to grow quarter over quarter.

    “The third quarter results continue to demonstrate the industry-wide challenges faced during the fall of 2024, but we are beginning to see some selective improvements. Capital Markets activities continue to improve slowly as interest rates decline. We remain optimistic for the balance of the fiscal year,” said Hampton Executive Chairman & CEO Peter Deeb.

    Copies of Hampton’s unaudited interim financial statements and its Management’s Discussion & Analysis for the nine months ended May 31st, 2025, can be accessed on SEDAR+ at www.sedar.com.

    About Hampton Financial Corporation

    Hampton is a unique private equity firm that seeks to build shareholder value through long-term strategic investments.

    Through its wholly-owned subsidiary, Hampton Securities Limited (“HSL”), Hampton is actively engaged in family office, wealth management, institutional services and capital markets activities. HSL is a full-service investment dealer, regulated by CIRO and registered in Alberta, British Columbia, Manitoba, Saskatchewan, Nova Scotia, Northwest Territories, Ontario, and Quebec. In addition, the Company, through HSL, provides investment banking services, which include assisting companies with raising capital, advising on mergers and acquisitions, and aiding issuers in obtaining a listing on recognized securities exchanges in Canada and abroad and HSL’s Corporate Finance Group provides early stage, growing companies the capital, they need to create value for investors. HSL continues to develop its Wealth Management, Advisory Team and Principal-Agent programs which offers to the industry’s most experienced wealth managers a unique and flexible operating platform that provides additional freedom, financial support, and tax effectiveness as they build and manage their professional practice.

    Through its wholly-owned subsidiary, Oxygen Working Capital (“OWC”) the company offers factoring and other commercial financing services to clients across Canada.

    The Company is exploring opportunities to diversify its sources of revenue by way of strategic investments in both complimentary business and non-core sectors that can leverage the expertise of its Board and the diverse experience of its management team.

    For more information, please contact:

    Olga Juravlev
    Chief Financial Officer
    Hampton Financial Corporation
    (416) 862-8701

    Or

    Peter M. Deeb
    Executive Chairman & CEO
    Hampton Financial Corporation
    (416) 862-8651

    The TSXV has in no way approved nor disapproved the contents of this press release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.

    No securities regulatory authority has either approved or disapproved of the contents of this press release. This press release does not constitute or form a part of any offer or solicitation to buy or sell any securities in the United States or any other jurisdiction outside of Canada. The securities being offered have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold within the United States or to a U.S. person absent registration or pursuant to an available exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. There will be no public offering of securities in the United States.

    Forward-Looking Statements

    This press release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of applicable Canadian securities laws, which may include, but are not limited to, information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “should”, “hopeful”, “recovery”, “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “may”, “will”, “project” or similar words, including negatives thereof, suggesting future outcomes.

    Forward-looking statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors beyond the Company’s ability to predict or control which may cause actual events, results, performance, or achievements of the Company to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking statements herein. Forward-looking statements are not a guarantee of future performance. Although the Company believes that any forward-looking statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such statements, there can be no assurance that any such forward-looking statements will prove to be accurate. Actual results may vary, and vary materially, from those expressed or implied by the forward-looking statements herein. Accordingly, readers are advised to rely on their own evaluation of the risks and uncertainties inherent in forward-looking statements herein and should not place undue reliance upon such forward-looking statements. All forward-looking statements herein are qualified by this cautionary statement. Any forward-looking statements herein are made only as of the date hereof, and except as required by applicable laws, the Company assumes no obligation and disclaims any intention to update or revise any forward-looking statements herein or to update the reasons that actual events or results could or do differ from those projected in any forward-looking statements herein, whether as a result of new information, future events or results, or otherwise, except as required by applicable laws.

    The MIL Network

  • MIL-OSI: Quick Custom Intelligence Secures Eight-Figure Investment from Curve Partners to Accelerate Growth

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, July 30, 2025 (GLOBE NEWSWIRE) — Quick Custom Intelligence (QCI), a leading provider of Generative AI-driven analytics and operational software for casinos and resorts, today announced that it has secured a significant minority growth investment from Curve Partners. This strategic funding backs QCI’s current management team – led by co-founders Dr. Ralph Thomas and Andrew Cardno – to continue their remarkable growth trajectory and will fuel further acceleration of product expansion and global reach markets.financialcontent.com. The investment underscores confidence in QCI’s vision and provides significant capital to extend the company’s market leadership in the gaming resort technology sector.

    QCI’s co-founders weighed multiple investment offers over the past year before selecting Curve Partners as their growth partner. “For us, finding the right investment partner was critical,” said Dr. Ralph Thomas, Co-Founder and CEO of QCI. “We engaged with several potential investors, but Curve Partners stood out with their understanding of our industry and their commitment to helping companies like ours scale responsibly. This investment is not just capital – it’s a partnership that validates our vision and gives us additional firepower to accelerate product development and customer success.” QCI’s leadership was impressed by Curve’s focus on high-growth, founder-led companies and their enthusiasm for the resort systems space – the sophisticated software and analytics powering modern casino resorts. Curve’s team recognized QCI as the clear market leader in this domain, given QCI’s extensive deployment and innovation track record markets.financialcontent.com. The growth capital infusion not only validates QCI’s success to date but also positions the company for even faster expansion in the coming years.

    Landon Jaussi, Founder and Managing Partner at Curve Partners www.curvepartners.co, expressed his excitement about the new partnership. “QCI is everything we look for at Curve,” said Jaussi. “It is a bootstrapped, founder-led, and product-first company that is deeply respected by customers. As investors, we have been looking closely at the resort systems and gaming technology sector, and QCI stands out as a clear leader. Ralph and Andrew have built a powerful vertical SaaS platform with real technical depth and multi-product scale, all while remaining high growth and profitable. Their reputations in the industry are unmatched, and Curve is proud to support them as the first institutional investor and board member.”

    QCI’s recent growth and product diversification have been nothing short of remarkable. Key milestones over the past year include:

    • Global Expansion: QCI’s platform is now deployed in over 300 casino resorts worldwide, collectively managing more than $40 billion in annual gross gaming revenue markets.financialcontent.com. The company’s operational footprint spans 17 countries and 30 U.S. states, a reach that “cements the company’s position as a global leader in casino and resort intelligence” markets.financialcontent.com.
    • Product Suite Growth: In July 2025, QCI acquired VizExplorer, a renowned casino analytics and dispatch management software provider. This acquisition expanded QCI’s product suite and capabilities markets.financialcontent.com, establishing QCI as a “powerhouse in the casino and resort data activation world” with deeper solutions for the fast-diversifying gaming industry markets.financialcontent.com.

    “Having Curve Partners on board is a huge validation of what our team has built,” added Andrew Cardno, Co-Founder and CTO of QCI. “Curve’s support will help us double down on our product roadmap and global expansion plans. We believe this partnership will translate into even greater value for our customers as we continue to lead the market with cutting-edge solutions for the casino and resort industry.” According to Cardno, the funding will enable QCI to accelerate R&D in new features and AI capabilities while maintaining the company’s focus on customer success and innovation. Both co-founders emphasized that Curve’s investment aligns with QCI’s long-term strategy of sustainable, tech-driven growth in the hospitality gaming sector.

    About Quick Custom Intelligence (QCI)

    Quick Custom Intelligence (QCI) has pioneered the QCI Enterprise Platform, an artificial intelligence-driven solution that seamlessly integrates player development, marketing, and gaming operations with powerful real-time tools for the gaming and hospitality industries. QCI’s advanced, highly configurable software is deployed in over 300 casino resorts across North America, Europe, Asia, Australia, Latin America and beyond, managing more than $40 billion in annual gross gaming revenue. The QCI platform is recognized as a best-in-class solution that enables fully coordinated activities across all aspects of casino and resort operations, helping operators make swift, data-informed decisions that optimize resources, increase profits, and enhance the guest experience. Co-founded by Dr. Ralph Thomas and Mr. Andrew Cardno, QCI is headquartered in San Diego, with additional offices in Las Vegas, St. Louis, Denver, and Phoenix. For more information, visit the QCI website at quickcustomintelligence.com.

    About Curve Partners

    Founded by Landon Jaussi, former TCV investor, Curve Partners (www.curvepartners.co) invests in leading, bootstrapped technology companies at early-growth inflection points. The firm partners with exceptional, founder-led teams building capital-efficient businesses in B2B and B2B2C software and data platforms. Curve Partners’ investment approach centers on providing strategic support and capital to help companies scale sustainably and achieve market leadership.

    Legal counsel for Curve Partners was provided by Croke Fairchild Duarte & Beres LLC

    ABOUT Andrew Cardno

    Andrew Cardno is a distinguished figure in the realm of artificial intelligence and data plumbing. With over two decades spearheading private Ph.D. and master’s level research teams, his expertise has made significant waves in data tooling. Andrew’s innate ability to innovate has led him to devise numerous pioneering visualization methods. Of these, the most notable is the deep zoom image format, a groundbreaking innovation that has since become a cornerstone in the majority of today’s mapping tools. His leadership acumen has earned him two coveted Smithsonian Laureates, and teams under his mentorship have clinched 40 industry awards, including three pivotal gaming industry transformation awards. Together with Dr. Ralph Thomas, the duo co-founded Quick Custom Intelligence, amplifying their collaborative innovative capacities. A testament to his inventive prowess, Andrew boasts over 150 patent applications. Across various industries—be it telecommunications with Telstra Australia, retail with giants like Walmart and Best Buy, or the medical sector with esteemed institutions like City Of Hope and UCSD—Andrew’s impact is deeply felt. He has enriched the literature with insights, co-authoring eight influential books with Dr. Thomas and contributing to over 100 industry publications. An advocate for community and diversity, Andrew’s work has touched over 100 Native American Tribal Resorts, underscoring his expansive and inclusive professional endeavors.

    ABOUT Dr. Ralph Thomas

    Dr. Ralph Thomas is the Co-Founder and Chief Executive Officer of Quick Custom Intelligence. Ralph is a product visionary in applied analytics and the founder of two companies that deliver solutions in casino gaming, education, and adult learning. As a gaming industry veteran, Dr. Thomas has substantial experience implementing analytics into single and multi-property gaming companies to drive tangible and measurable gains to the bottom line and has built business intelligence tools for multibillion-dollar casinos. Dr. Thomas is co-author of seven books and over 80 articles on applied analytics and data science in gaming, an inventor on dozens of patents, and understands gaming from raw data up through casino operations, giving him a unique, 360-degree view of the industry.

    Contact:

    Laurel Kay, Quick Custom Intelligence

    Phone: 858-349-8354

    The MIL Network

  • MIL-OSI: Hampton Financial Corporation Announces 3rd Quarter Results

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

    TORONTO, July 30, 2025 (GLOBE NEWSWIRE) — Hampton Financial Corporation (“Hampton” or the “Company”, TSXV: HFC) today announced its financial results for the 3rd quarter ended May 31st, 2025.

    Third Quarter ended May 31st, 2025.

    IFRS results highlights:

    • Q3 Revenue of $1,738,000; decrease of 39% year-over-year
    • Q3 Net Loss of $(1,201,000) or $(0.02) per share;

    Fiscal results (IFRS results adjusted for non-cash Items) highlights:

    • Q3 Adjusted Net Loss of $(945,000) or $(0.02) per share;
    • Q3 EBITDA of $(686,000) vs $305,000 in the comparative quarter last year

    Summary of Corporate Developments:

    While our 3rd quarter results reflect continued weakness, results for the 9 months ended May 31st show signs of improvement which is being felt across across the Capital Markets industry. Corporate finance is improving slightly over the first half of our fiscal year but is still well below 2023/24 levels. While 2025 is showing some signs of improvement, the year ahead for our core business remains somewhat unclear. That said we intend to move ahead with a number of initiatives to further expand our business portfolio, while growing our existing Wealth Management and Capital Markets businesses.

    Hampton’s commercial lending business, via its wholly owned subsidiary Oxygen Working Capital (“OWC”), has begun to show growth and make progress across a number of fronts, while onboarding new clients and diversifying it’s lending base. With further opportunities to lend across its existing portfolio currently being evaluated, the balance of the year is set to show similar signs of progress as the loan book continues to grow quarter over quarter.

    “The third quarter results continue to demonstrate the industry-wide challenges faced during the fall of 2024, but we are beginning to see some selective improvements. Capital Markets activities continue to improve slowly as interest rates decline. We remain optimistic for the balance of the fiscal year,” said Hampton Executive Chairman & CEO Peter Deeb.

    Copies of Hampton’s unaudited interim financial statements and its Management’s Discussion & Analysis for the nine months ended May 31st, 2025, can be accessed on SEDAR+ at www.sedar.com.

    About Hampton Financial Corporation

    Hampton is a unique private equity firm that seeks to build shareholder value through long-term strategic investments.

    Through its wholly-owned subsidiary, Hampton Securities Limited (“HSL”), Hampton is actively engaged in family office, wealth management, institutional services and capital markets activities. HSL is a full-service investment dealer, regulated by CIRO and registered in Alberta, British Columbia, Manitoba, Saskatchewan, Nova Scotia, Northwest Territories, Ontario, and Quebec. In addition, the Company, through HSL, provides investment banking services, which include assisting companies with raising capital, advising on mergers and acquisitions, and aiding issuers in obtaining a listing on recognized securities exchanges in Canada and abroad and HSL’s Corporate Finance Group provides early stage, growing companies the capital, they need to create value for investors. HSL continues to develop its Wealth Management, Advisory Team and Principal-Agent programs which offers to the industry’s most experienced wealth managers a unique and flexible operating platform that provides additional freedom, financial support, and tax effectiveness as they build and manage their professional practice.

    Through its wholly-owned subsidiary, Oxygen Working Capital (“OWC”) the company offers factoring and other commercial financing services to clients across Canada.

    The Company is exploring opportunities to diversify its sources of revenue by way of strategic investments in both complimentary business and non-core sectors that can leverage the expertise of its Board and the diverse experience of its management team.

    For more information, please contact:

    Olga Juravlev
    Chief Financial Officer
    Hampton Financial Corporation
    (416) 862-8701

    Or

    Peter M. Deeb
    Executive Chairman & CEO
    Hampton Financial Corporation
    (416) 862-8651

    The TSXV has in no way approved nor disapproved the contents of this press release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.

    No securities regulatory authority has either approved or disapproved of the contents of this press release. This press release does not constitute or form a part of any offer or solicitation to buy or sell any securities in the United States or any other jurisdiction outside of Canada. The securities being offered have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered or sold within the United States or to a U.S. person absent registration or pursuant to an available exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. There will be no public offering of securities in the United States.

    Forward-Looking Statements

    This press release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of applicable Canadian securities laws, which may include, but are not limited to, information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “should”, “hopeful”, “recovery”, “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “may”, “will”, “project” or similar words, including negatives thereof, suggesting future outcomes.

    Forward-looking statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors beyond the Company’s ability to predict or control which may cause actual events, results, performance, or achievements of the Company to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking statements herein. Forward-looking statements are not a guarantee of future performance. Although the Company believes that any forward-looking statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such statements, there can be no assurance that any such forward-looking statements will prove to be accurate. Actual results may vary, and vary materially, from those expressed or implied by the forward-looking statements herein. Accordingly, readers are advised to rely on their own evaluation of the risks and uncertainties inherent in forward-looking statements herein and should not place undue reliance upon such forward-looking statements. All forward-looking statements herein are qualified by this cautionary statement. Any forward-looking statements herein are made only as of the date hereof, and except as required by applicable laws, the Company assumes no obligation and disclaims any intention to update or revise any forward-looking statements herein or to update the reasons that actual events or results could or do differ from those projected in any forward-looking statements herein, whether as a result of new information, future events or results, or otherwise, except as required by applicable laws.

    The MIL Network

  • MIL-OSI USA: Mrvan Holds Workforce Roundtable

    Source: United States House of Representatives – Congressman Frank J. Mrvan (IN)

    Gary, IN – Today, Rep. Frank J. Mrvan (IN-01) and Rep. Nikki Budzinski (IL-13) held a Workforce Roundtable through their roles with the New Democrat Coalition with Northwest Indiana representatives of organized labor, higher education institutions, and local nonprofit organizations to discuss the federal government’s role in strengthening the workforce through education and training initiatives.  

    The roundtable included representatives from the Center of Workforce Innovations, the Construction Advancement Foundation, Goodwill Industries of Michiana, IBEW Union 6th District, the Indiana Plan, Ironworkers Local Union 395, Ivy Tech Community College, the Northwest Indiana Building Constructions Trade Council, Operating Engineers Local Union 150, United Steelworkers Local Unions 1010 and 1014, and United Way Northwest Indiana.

    Congressman Mrvan stated, “Thank you to Rep. Budzinski, all of our colleagues in the New Democrat Coalition, and all of the participants today for this discussion on how we can continue to collaborate together to create more work and wealth in Northwest Indiana and communities across our country.  Northwest Indiana is a community of people who work hard to get ahead, and I am grateful that this conversation can focus on the invaluable contributions from labor unions and their apprenticeship programs, nonprofits with dedicated job training resources, and technical education programs offered at high schools and institutions of higher education.  This region’s commitment to education and training sends a clear message that Northwest Indiana is not only open for business, but we have the skilled workforce to get the job done.”

    Congresswoman Budzinski stated, “I was excited to join Congressman Mrvan for our seventh New Dems on the Road stop to talk about a workforce development agenda that meets the demands of the 21st century economy.  As a trade unionist, I know that a traditional four-year degree is far from the only path to a successful career – in fact, programs like registered apprenticeships offer incredible opportunities for folks to learn in-demand skills and get connected with good-paying jobs. It was great to hear from union leaders, community colleges, and local nonprofits about the work they’re doing in Indiana to expand access to these job training programs, and I look forward to bringing the insights from this conversation back to Washington, DC.”

    For additional information on the New Democrat Coalition workforce initiatives, click here.

    ###

    MIL OSI USA News

  • MIL-OSI USA: Senators Marshall & Baldwin Introduce Legislation to End Dairy Mislabeling

    US Senate News:

    Source: United States Senator for Kansas Roger Marshall

    Washington – On Tuesday, U.S. Senator Roger Marshall, M.D. (R-Kansas), joined Senator Tammy Baldwin (D-Wisconsin) to introduce the bipartisan Defending Against Imitations and Replacements of Yogurt, milk, and cheese to Promote Regular Intake of Dairy Everyday Act (DAIRY PRIDE Act) of 2025. This legislation will ensure that non-dairy products cannot engage in duplicitous labeling practices, such as calling non-dairy imitation products “milk” or “yogurt” that do not contain dairy and are instead from a plant, nut, or grain.
    “Consumers deserve clear, honest labels on the products they purchase. Misleading labels on non-dairy products, which are often nutritionally inferior, cause confusion and undermine the value of real dairy,” said Senator Marshall. “With 90% of Americans falling short of daily dairy intake recommendations, milk stands out as an excellent source of critical nutrients like Calcium and Vitamin D, essential for building strong bones in kids and adults. These imitation products not only fail to match the 13 essential nutrients found in whole milk but also harm dairy farmers who tirelessly meet rigorous health standards to deliver the most nutritious drink known to man.”
    “Wisconsin is known across the world as America’s Dairyland because our hardworking dairy farmers produce the best products with the highest nutritional value,” said Senator Baldwin. “But, for far too long, imitation dairy products made from plants and nuts have ridden the coattails of our dairy farmers and gotten away with using dairy’s good name without meeting those standards. I’m proud to work with my Democratic and Republican colleagues to settle this once and for all by requiring the federal government to stop these imitation products of lesser nutritional value from using labels like milk, cheese, and yogurt.”
    The legislation was cosponsored by Senators Jim Risch (R-Idaho), Susan Collins (R-Maine), Peter Welch (D-Vermont), Pete Ricketts (R-Nebraska), Mike Crapo (R-Idaho), Angus King (I-Maine), Kirsten Gillibrand (D-New York), John Fetterman (D-Pennsylvania), Tina Smith (D-Minnesota), Amy Klobuchar (D-Minnesota), and Mike Rounds (R-South Dakota).
    “Dairy comes from cows, goats, and sheep—not almonds. Plant-based products’ misleading branding is a disservice to consumers and the farmers who dedicate their lives to making the nutritious dairy products Idahoans enjoy,” said Senator Risch. “The DAIRY PRIDE Act requires the FDA to enforce accurate definitions for dairy terminology, end deceptive labeling, and advocate for the farmers who feed us.”
    “As an Aroostook County native, I know how essential the dairy industry is to Maine’s economy and how hard our state’s dairy farmers work to produce nutritious milk, yogurt, cheese, and other products. It is unfair for non-dairy products to capitalize on milk’s nutritious brand,” said Senator Collins. “This bipartisan legislation would help protect our dairy farmers and the quality of their goods by requiring non-dairy producers to accurately label their products.”
    “Our dairy farms are the heart of Vermont’s economy, our history, and our communities.  The work they do should be protected and supported. That’s why I’m proud to join Senators Baldwin, Risch, and Collins in introducing the bipartisan DAIRY PRIDE Act,” said Senator Welch. “This bill will give our farmers much needed support and correct FDA’s misguided efforts to allow non-dairy products to use dairy names—giving dairy farmers the protections they need to thrive.”
    This legislation is supported by the National Milk Producers Federation, American Farm Bureau Federation, EDGE Dairy Farmer Cooperative, Midwest Dairy Coalition, FarmFirst Dairy Cooperative, Wisconsin Farm Bureau Federation, Wisconsin Cheese Makers Association, Idaho Dairymen’s Association, and Associated Milk Producers, Inc. (AMPI).
    Click here to read the full bill text.
    Background:

    Current Food and Drug Administration (FDA) regulations define dairy products as being from animals. But the most recent FDA guidance on fluid dairy products allows plant-based alternatives to continue to use dairy terms despite not containing dairy.
    The DAIRY PRIDE Act would require the FDA to issue guidance for nationwide enforcement of mislabeled imitation dairy products within 90 days and require the FDA to report to Congress two years after enactment to hold the agency accountable for this update in its enforcement obligations.
    Senator Marshall understands the nutritional importance of real, whole dairy products. He introduced the Whole Milk for Healthy Kids Act, which would expand healthy milk options in schools by reversing the Obama-era law that took whole milk out of school cafeterias.

    MIL OSI USA News

  • MIL-OSI USA: Senator Marshall: The USDA is Coming to Kansas City

    US Senate News:

    Source: United States Senator for Kansas Roger Marshall

    Senator Marshall Questions Deputy Secretary of Agriculture About the USDA Reorganization
    Washington – On Wednesday, U.S. Senator Roger Marshall, M.D. (R-Kansas), questioned Deputy Secretary of Agriculture,The Honorable Stephen Alexander Vaden, during a recent Senate Committee on Agriculture, Nutrition, and Forestry hearing focused on the recently announced USDA reorganizational proposal.

    Click HERE or on the image above to watch Senator Marshall’s full exchange.
    Highlights from the hearing include: 
    On why the USDA relocation to Kansas City makes sense:
    Senator Marshall: “Mr. Vaden, welcome. Glad you’re here today. In your testimony, you were mentioning some of the advantages of moving to some of these communities. And I would just point out that you failed to mention that moving to Kansas City that suddenly you would have the advantage of being a Chiefs fan, rather than suffering through another year here with the Washington Commanders. You failed to mention, to be within an hour of the most storied basketball program in the nation, and just barely two hours away from the first land-grant university in America.
    “And I just would want to give you a chance to talk a little bit more. You think about the Kansas City Metro, within a two-hour drive of the Iowa State University, the Nebraska University, Missouri, Arkansas…. How far away is Auburn? Not too far. So, my point is, you know what? You can’t coach talent. You have to have talent, and within just miles of there, some of the greatest ag research in the world. How important is that to American agriculture to have, let alone the affordability issues you mentioned?”
    Deputy Secretary Vaden: “It’s vital. And I want to add to the mix, NBAF. We haven’t forgotten about that. You haven’t either. I know there’s some unfinished business left there. But when you think about the potential that facility has and the technology and level of research that can go on there that are vital for the future of American agriculture, you’ve pointed to many of the reasons why Kansas City also joined as one of our five hubs.
    “The Department put some thought into this. We want to spark that level of collaboration that you have noted, whether it be with our land grant and non-land grant university partners, whether it be with individual farmers, whether it be with the local Chamber of Commerce in an area that is driven and motivated, even though it may be in an urban setting, by agriculture.
    “I know that you’re well aware that the Federal Reserve has a location in Kansas City, and that we’re looking at the shape of the agricultural economy for inclusion in the Beige Book, so we look to what the Kansas City Fed has to say. USDA will be able to take advantage of all of these synergies, and not only Kansas City, but the other hubs that we have laid out.”
    On the USDA’s right to reinitiate the relocation process:
    Senator Marshall: “Over the past four years, it was reported that only 6% of USDA employees were in the office as well. And more and more, just a crescendo of complaints from my ag producers back home that they could work with their local FSA officer or their conservation officer, but then that report would get somehow clogged here in DC. I want to compliment the White House on the $10 billion that was appropriated in [the] spring; within days, my farmers had the help that they needed.
    “And then, more recently, I think it was a $16 billion, so something is working, right from a standpoint of customer services. And I just can’t help but think when you’re when you have people working for USDA out there, going to church, going to the soccer match, all those type of things with the local farmers and ranchers, is going to be a better service of wealth. So just talk about customer service, how that was going to be impacted by these people, the net, net moving out into the hinterlands, as we call it.”
    Deputy Secretary Vaden: “Well, I don’t consider it the hinterlands, I consider it home, Senator. But with regard to having more people in the field, we agree with you that we think the level of service will improve. Not only do we agree with you, even if we had a disagreement, the Congress has legislated on this point, and this is another matter that drove our consideration of this plan, and that’s looking at USDA reorganization authority, which was granted to us by the Congress in 1953.
    “And if you actually look at the statute, I’m a former judge, so I tend to look at statutes. What does the statute say? The statute says, in carrying out this law, quote, ‘the Secretary shall seek to simplify and make efficient the operation of the Department of Agriculture, to place the administration of farm programs close to the state and local levels,’ close quote from the statute. This is exactly what Congress intended: the maximum amount of USDA resources dedicated out in the field, not in Washington, D.C.”
    Senator Marshall: “Just want to make one last point, President Trump’s tariffs are working. He has made incredible trade deals that are going to open up markets that we never had access to before. We’ve never sold a cheeseburger in all of Europe. Ethanol: 40% of our corn crop goes to ethanol. Suddenly, the EU, UK, and all these countries are going to be buying ethanol as well. We’re seeing manufacturing jobs move back to this country because of these tariffs as well. American agriculture will benefit significantly from long-term trade. Agreements for long-term success as well, and we can’t wait to see what’s next coming out of the White House and the tariffs. Thank you, Mr. Chairman. I yield back.”

    MIL OSI USA News

  • MIL-OSI USA: Governor Newsom strengthens local control in Los Angeles burn scar areas

    Source: US State of California Governor

    Jul 30, 2025

    What you need to know: In response to concerns from local elected leaders and community members about the potential for widespread SB 9 development concentrated in areas rebuilding from destructive fires and crowding evacuation routes, the Governor today issued an executive order that will give local government the discretion to limit SB 9 development in very high fire hazard severity zones within the rebuilding areas.

    LOS ANGELES — Governor Gavin Newsom today issued an executive order providing local governments with stronger authority to limit Senate Bill 9 development in high fire hazard severity zones in Los Angeles County that fall within the burn scar areas. The executive order continues the Governor’s efforts to help respond to local concerns, provide tools to address rebuilding, and ensure that communities can recover safely. Read the executive order here.

    “We will continue to assist communities in rebuilding safely in ways that are responsive to local concerns. This executive order responds directly to requests from local officials and community feedback, recognizing the need for local discretion in recovery and that not all laws are designed for rebuilding entire communities destroyed by fires overnight.”

    Governor Gavin Newsom

    The executive order remains in effect as long as the state of emergency remains active. The order:

    • Grants local governments authority to adjust rules for SB 9 development (lot splits and duplexes in single-family residential zones) in very high fire severity zones within the LA fire burn scars. This order affects the entire Palisades within the city of LA, the eastern foothills portions of Altadena, Sunset Mesa, and Malibu. 
    • Includes a seven-day pause on SB 9 development in these specific areas while locals develop their own standards. 
    • Provides local governments with the flexibility to tailor standards based on community needs. For example, local officials could add additional mitigation requirements or designate areas within the affected zones where SB 9 development is or isn’t allowed. It allows local officials to make determinations as to what best serves their community — balancing the needs of their community and fire-resilient, safe recovery.

    The executive order is consistent with the state’s commitment to increasing the state’s housing supply and its unwavering dedication to supporting local officials in rebuilding their communities. It leaves the SB 9 framework in place everywhere other than very high fire hazard severity zones in the burn scar, and within those zones allows local leaders discretion to ensure that SB 9 development in the rebuilding areas appropriately accounts for fire safety concerns.

    Helping communities rebuild

    Today’s announcement adds to recent orders by the Governor to help the Los Angeles community recover and rebuild, including another order fast-tracking rebuilding the homes and schools affected by the disaster by suspending permitting laws and building codes, which adds to earlier orders cutting red tape and streamlining the rebuilding of homes and businesses destroyed — suspending permitting and review requirements under the California Environmental Quality Act (CEQA) and the California Coastal Act. The Governor also issued an executive order further cutting red tape by reiterating that permitting requirements under the California Coastal Act are suspended for rebuilding efforts and directing the Coastal Commission not to issue guidance or take any action that interferes with or conflicts with the Governor’s executive orders. The Governor also issued an executive order removing administrative barriers, extending deadlines, and providing critical regulatory relief to help fire survivors rebuild, access essential services, and recover more quickly.

    California’s all-in efforts

    Since the first day these firestorms ignited, Governor Newsom has been on the ground leading an all-in state response and recovery. 

    The Governor deployed resources before the hurricane-force fires broke out – growing to over 16,000 boots on the ground at the peak of the state’s response. And in the hours that followed, Governor Newsom launched historic recovery and rebuilding efforts to help Los Angeles get back on its feet, faster. 

    Even before the fires were out, Governor Newsom worked closely with outgoing President Joe Biden to secure a Presidential Major Disaster Declaration and then coordinated with the Trump Administration to ensure comprehensive federal support for Los Angeles. 

    That work has paid dividends as the current pace of debris and hazardous waste removal is months ahead of the cleanup timeline for the Camp, Woolsey, Hill fires in 2019 and Tubbs Fire in 2017/18, which at the time were themselves the fastest of their kind. 

    State and federal officials worked hand in glove to clear hazardous waste from 9,000 homes in less than 30 days. At the project’s peak, as many as 500 crews of expert heavy equipment operators from the Army Corps of Engineers worked around the clock to rapidly clear ash, soot, and fire debris from structures damaged by the Eaton and Palisades fires. 

    By the numbers 

    • 16,000 first responders and recovery personnel deployed
    • $2.5 billion in Small Business Administration Assistance approved. 
    • $144.2 million in individual assistance disbursed
    • $100 million in dedicated community partnerships through LA Rises
    • 40,000 totals visitors to disaster recovery centers 
    • 30 days to clear properties of hazardous waste
    • 9,195 properties cleared of debris 
    • 2,300 homes cleared of debris 
    • 12,500 right of entry forms submitted 
    • 8 of 8 schools resumed in person instruction 
    • 9 of 9 water systems reactivated  

    Recent news

    News SACRAMENTO – Governor Gavin Newsom today announced that he has signed the following bills:AB 17 by Assemblymember Juan Alanis (R-Modesto) – Elections: precinct maps.AB 377 by Assemblymember David Tangipa (R-Clovis) – High-Speed Rail Authority: business plan:…

    News What you need to know: California is standing up for all Americans by challenging Trump’s unlawful tariff policy, which is slowing the national economy and raising prices for consumers.  SACRAMENTO – Governor Gavin Newsom today filed an amicus brief in support of…

    News What you need to know: California is taking targeted action to address the mental health crisis among young men and boys today with a new executive order focused on suicide prevention, behavioral health, and helping find purpose through education, family, and…

    MIL OSI USA News

  • MIL-OSI USA: Klobuchar Opening Remarks on Protecting Online Data

    US Senate News:

    Source: United States Senator Amy Klobuchar (D-Minn)

    WASHINGTON – U.S. Senator Amy Klobuchar (D-MN), Ranking Member of the Senate Judiciary Subcommittee on Privacy, Technology, and the Law, delivered the following opening statement at the subcommittee hearing titled “Protecting the Virtual You: Safeguarding Americans’ Online Data.”

    Testifying at the hearing was Alan Butler, Executive Director and President of the Electronic Privacy Information Center; Samuel Levine, Senior Fellow at the UC Berkeley Center for Consumer Law & Economic Justice; Kate Goodloe, Managing Director at the Business Software Alliance; Paul Martino, General Counsel at the Main Street Privacy Coalition; and Joel Thayer, President of the Digital Progress Institute.

    A rough transcript of Klobuchar’s full opening statement is available below and a video can be downloaded here.

    Senator Klobuchar: Well. Thank you very much, Chair Blackburn, and thank you to all of our witnesses, and I’m really grateful for your leadership on these issues, Madam Chair, and your willingness to work with me and Senator Blumenthal and many others. 

    We all know new technologies have made it easier for people to monitor their health, collaborate with colleagues, communicate with loved ones, and more. But federal law doesn’t do enough, as we all know, to address the privacy that comes with these innovations, the privacy concerns.

    Technology companies collect an enormous amount of personal information about our daily lives. They know what we buy, who our friends are, where we live, where we work and travel, even how much we would be willing to pay for something. Yet, for too long, the big tech companies, many of which dominate the market that they operate in, have been telling American consumers, “Just trust us,” even though their business models are designed to collect personal information and to use it for profit. 

    The bottom line is that we are the product, we are, and that’s how many tech companies make their money, and a lot of it. In 2024, Google and Meta earned a combined $420 billion in advertising revenues alone. And they made a lot more money because Americans lack privacy protections. An American’s data earned Meta $68 in a single quarter last year. Think about that, all these people who don’t realize that they’re being tracked. But a European Facebook user with a comprehensive privacy protection only generated $23, and that money can be used for a lot of other things that people need right now.

    And it seems like every day we hear a new story about companies playing fast and loose with data and taking advantage of customers. Earlier this year, a whistleblower from Facebook, now Meta, testified to another subcommittee about how the company would track users so closely that it could identify when teenage girls felt emotionally vulnerable and then target them with ads exploiting these emotions. For example, when a teenage girl would delete a selfie, Facebook might serve her an ad for diet products. 

    Criminals also view huge troves of data as attractive targets for hacking. We’ve seen major data breaches ranging from the 2017 Equifax database breach that exposed sensitive financial information from more than 140 million individuals to the hack of Change Healthcare, affecting 190 million people and causing more than 100 electronic systems vital to the U.S. health care system to be shut down. 

    On my way here, I was on the phone with the mayor of St. Paul, Minnesota, because they, like so many other jurisdictions, are responding to a targeted cyber-attack on their IT infrastructure, which has shut down some of the city’s digital services and may have compromised city employee data. 

    Once in the hands of criminals, data can be used for everything from identity theft to more serious crimes. And we all learned too tragically with the horrific murders in my state of my good friend Melissa Hortman, the former Speaker of the House, and her husband Mark how accessible personal data is, including people’s addresses, because the murderer only killed the people and went to the houses of the people whose addresses he had. 

    Businesses are also using personal data collected across the internet in novel ways, such as to set individualized prices designed to increase costs for consumers.

    Should a person, and this is a question we have to ask as Senators, really have to submit to this kind of intrusive data collection just to send a message to a friend online, to book a flight, or to order some diapers? I don’t think so. 

    That’s why more than 20 states have stepped in. I suspect today we’ll hear from some of our witnesses about the patchwork of state laws. I agree it’s a problem, but I believe we should have passed privacy legislation many, many years ago. I advocated for it back then. We tried, and in fact, in [2024], I [worked on] a comprehensive privacy bill with Senator Cantwell and Kathy McMorris Rogers, a former Republican House member. The bill would have required companies to collect only the information necessary to provide the goods and services that consumers sought, ensured consumers consented before their personal data was shared with third parties, and put consumers in control of their data by allowing them to access, correct, and even delete personal data. 

    But many of the businesses that today complain about the burden of complying with the patchwork of state laws, I have the advantage of having been there then, even before Maria Cantwell’s bill was introduced, when the companies were lobbying against a federal privacy law, and now they’re back complaining about the patchwork of laws. And I would like to change that, but I do think it’s important to know that’s why we’re in the position that we are and to understand why some of these states are looking at this going, “Wait a minute.”

    The need for federal privacy reform is even more urgent as AI continues to expand its role in to our lives. Data is both the gasoline and the engine for AI models. That means that demand for our data is skyrocketing, so it is critical that we set guardrails to ensure the data that powers AI is responsibly sourced and used for legitimate means and protected when you want to have it protected. 

    Luckily, there is a bipartisan agreement that Congress needs to act. The Commerce Committee, on which Chair Blackburn and I also sit, has seen strong bipartisan, bicameral proposals for federal privacy reform. Not everyone agrees with all of them, but there has been some start out of that committee, and I look forward to hearing from our witnesses about why we need these guardrails now. 

    Thank you, Senator Blackburn.

    MIL OSI USA News

  • MIL-OSI USA: Boozman, Cotton Back Effort to Establish Drone Production Facility at Red River Army Depot

    US Senate News:

    Source: United States Senator for Arkansas – John Boozman

    WASHINGTON—U.S. Senators John Boozman (R-AR) and Tom Cotton (R-AR) joined Senators Ted Cruz (R-TX) and John Cornyn (R-TX) to introduce the SkyFoundry Act of 2025, legislation to establish a Department of Defense drone production facility at the Red River Army Depot to develop, produce and field drones for the Department of Defense.

    “The men and women of the Red River Army Depot are committed to providing our servicemembers with the tools they need to defend our nation,” said Boozman. “With unmanned aircraft systems playing an increasingly prominent role in modern warfare, tasking them with developing and sustaining an adequate supply of drone systems would be a win for this skilled workforce and our armed forces. I am pleased to join my colleagues to champion this effort and the Arkansans whose vital contributions to Red River support our national security and local economy.”

    “Large-scale manufacturing of small drones is critical to the Army’s current and future operational capability,” said Cotton. “This bill is a win for national security and for Arkansas as the Skyfoundry program presents a unique opportunity to more fully utilize the Army’s organic industrial base by positioning Red River Army Depot to meet the Army’s emerging requirements.”

    “Establishing a drone manufacturing facility at the Red River Army Depot will help ensure that the United States remains at the forefront of drone production,” said Cruz. “I’m proud to see the Lone Star State continuing to lead in defense innovation, and I look forward to working with my colleagues in Congress to swiftly pass this legislation.”

    “Russia and China are currently outpacing America in scalable drone production and investment, making us vulnerable to national security threats if left unmatched,” said Cornyn. “This legislation seeks to close this gap and help ensure America remains competitive with our foreign adversaries by establishing a new innovation and production facility that would rapidly improve our ability to develop, test, and mass-produce small unmanned aircraft systems.”

    Specifically, the SkyFoundry Act of 2025 will:

    • Establish a production facility and innovation facility for the manufacturing and development of small unmanned aircraft systems;
    • Utilize a Government-Owned, Government-Operated Contractor Augmented (GOGO/CA) model, blending military, civilian and contract personnel; and
    • Encourage public-private partnerships with industry, academia and nonprofits.

    Boozman has continually championed efforts to support the Red River Army Depot,  successfully securing $47 million in 2024 for workforce support and recently advancing an additional $93 million in funding through the Senate Military Construction, Veterans Affairs, and Related Agencies (MilCon-VA) Appropriations Subcommittee as part of the FY 2026 MilCon-VA Appropriations Act.  

    This legislation is supported by the Texarkana Chamber of Commerce and the TexAmericas Center.

    Companion legislation was introduced in the U.S. House of Representatives by Congressman Pat Harrigan (NC-10).

    The bill text is available here.

    MIL OSI USA News

  • MIL-OSI China: China to allocate 90 billion yuan for nationwide childcare subsidies

    Source: People’s Republic of China – State Council News

    China’s central budget will allocate 90 billion yuan (about 12.6 billion U.S. dollars) this year to support the issuance of childcare subsidies, the Ministry of Finance said Wednesday.

    A woman and her child have fun at a park in Zaozhuang, east China’s Shandong Province, June 1, 2025. (Photo by Sun Zhongzhe/Xinhua)

    The fund, which is a transfer payment from the central budget, will assist local governments in issuing the subsidies, covering nearly 90 percent of the total amount distributed, ministry official Guo Yang told a press conference.

    The move follows the country’s recent introduction of a nationwide childcare subsidy program, which sets a standard of 3,600 yuan per year for each child under the age of three, and is expected to benefit more than 20 million families each year.

    The finance and healthcare departments are actively advancing the calculation and distribution of the fund, Guo said, emphasizing that through comprehensive oversight, every penny will safely reach those eligible for the support.

    According to Wang Haidong, an official with the National Health Commission (NHC), childcare subsidy applications will be gradually rolled out across China in late August, with full access expected by Aug. 31.

    EASY ACCESS TO CHILDCARE SUBSIDIES

    The subsidy can be applied for online through a unified national information system, allowing everyone to submit applications without leaving home, while offline channels and in-person services will also be in place, Wang said at the press conference.

    Those who are unable to apply online due to special circumstances can do so by going to the township or subdistrict office where the infant is registered, he added.

    Measures have been introduced to make the application process easier. Applicants, notably, only need to submit essential materials that verify the infant’s identity and caregiving relationship — such as the birth certificate and household registration book.

    A wide range of application channels will also be available, including provincial-level government service platforms and third-party platforms such as Alipay and WeChat, which are all commonly used and can be conveniently accessed online using mobile phones, Wang said.

    Guo Yanhong, deputy head of the NHC, said the subsidy is available to all eligible children, regardless of whether they live in urban or rural areas, their ethnicity or region, or whether they are the first, second, or third child in the family.

    She noted that the subsidy standard was set based on factors such as childcare costs and fiscal capacity, while also drawing on international practices, as direct financial support is a common policy tool to encourage childbirth globally. In China, some local governments have piloted similar programs, which have been well-received by the public.

    EXPANDING BIRTH-FRIENDLY POLICIES

    According to Liu Hongmei at the All-China Federation of Trade Unions, China has intensified efforts to protect the maternity rights of working women.

    At the press conference, Liu said that from 2022 to 2024, the organization allocated 22.5 million yuan in employer subsidies to expand workplace childcare, making these services more accessible and affordable for working parents.

    Trade unions nationwide are encouraged to foster family-friendly workplaces through multiple measures, such as providing breastfeeding rooms for female employees, the official said.

    Liu Juan, an official of the National Healthcare Security Administration, said that a total of 253 million people were covered by China’s maternity insurance by June 2025, including rising numbers of flexible employees and migrant workers.

    Since 2021, the country’s maternity insurance benefits have been accessed 96.14 million times, with cumulative fund expenditure totaling 438.3 billion yuan, she added.

    Notably, assisted reproductive services are now covered by medical insurance across 31 provincial-level regions and in the Xinjiang Production and Construction Corps, and painless delivery services are also covered in certain regions, according to Liu. 

    MIL OSI China News

  • MIL-OSI Submissions: Australia – Average small business tax refund tops $5k: Tax tips and traps for business owners filing their tax return – CBA

    Source: Commonwealth Bank of Australia (CBA)

    With CommBank data showing most small business tax refunds are processed in the first quarter of a financial year, here are some tax tips for business owners on staying financially fit and scam aware.

    Key facts:

    • New CommBank data shows on average, small business owners received a tax return of around $5,000 for financial year 2024.
    • The number of refunds processed between July and September in 2024 are 75 per cent higher than the average number processed in the prior three quarters.
    • Mining contractors, electricians, plumbers, manufacturers, small agribusinesses, and wholesale traders can expect to get the highest tax returns this year. 

    According to the data, based on funds deposited into small business customer accounts by the Australian Tax Office (ATO), states with the highest average tax refunds are ACT and Queensland ($5,700), followed by Victoria ($5,300), NSW ($4,900) and WA ($4,800).

    Interestingly, electricians and plumbing businesses top the list for average tax returns in NSW and TAS, mining contractors unsurprisingly for WA, and education and communication services for VIC, while small agriculture businesses top the average tax return in Queensland.

    Mixed emotions as tax time rolls around

    Drew Campbell, co-founder of boutique travel company Reveling – Nestled on the Gold Coast, Reveling is redefining luxury travel with a focus on immersive, small-group and private experiences across Australia and Africa. Co-founded by a team of passionate adventurers, the company is powered by a growing collective of guides, hosts, artisans, and creatives who share a love for meaningful connection through travel.

    “There’s nothing more rewarding than seeing people connect deeply with nature and community,” said Drew Campbell, co-founder of Reveling.

    Since its inception, Reveling has carved out a niche in the high-end travel space, offering curated experiences that blend authenticity with elegance. But behind the scenes of dreamy destinations and bespoke itineraries lies the reality of running a small business – especially during tax time.

    “Honestly, it’s a bit of both stress and excitement,” Mr Campbell admits.

    “It’s a good checkpoint to assess how we’re tracking and tidy up any loose

    MIL OSI – Submitted News

  • MIL-OSI United Kingdom: Independent Review of Adult Disability Payment

    Source: Scottish Government

    A vision for improving access to support for disabled people.

    Issued on behalf of the Independent Review of Adult Disability Payment

    A landmark independent review of Adult Disability Payment (ADP) has called for a simplified and more accessible application process, urging the Scottish Government to protect and improve access to support for disabled people.

    Led by experienced charity leader, Edel Harris OBE, the review highlights that while Adult Disability Payment is significantly more compassionate than the UK benefit it replaced, some people still face barriers, complexity and distress when applying for the benefit.

    While the review notes that there are several welcome changes such as the cessation of DWP-style assessments and recognises the compassionate approach of Social Security Scotland staff, it concludes that there is still more that can be done to deliver a truly human-rights based approach.

    Edel Harris, Chair of the Adult Disability Payment Review, said:

    “Adult Disability Payment has been described by many as a step change – kinder in tone and more dignified in approach. But too often, disabled people still find the system difficult to navigate, time-consuming, and anxiety-inducing.

    “I heard consistently that if we are to realise social security as an investment in people, it is important to ensure that the eligibility criteria fulfil this goal.

    “This review highlights the importance of a system that is not only compassionate, but practical and accessible. The recommendations are based on real experiences and a shared commitment to making Adult Disability Payment work better for everyone who needs it.”

    The review engaged extensively with disabled people and the organisations that support them. It drew on evidence from a public consultation, written submissions, in-person and online events, and the lived experience of an advisory group made up of third sector representatives, disabled people and people with long-term health-conditions.

    Over the course of the review, Edel Harris also met with stakeholder groups, third sector organisations, and officials from the Scottish Government and Social Security Scotland to understand a variety of experiences of Adult Disability Payment.

    The review makes over 50 recommendations including:

    • Enhancing the client experience and embedding trauma-informed, stigma-free approaches.
    • Simplifying the application form and improving the decision-making process.
    • Training, guidance, and clearer communication for staff and clients.
    • Reviewing eligibility criteria and improving fairness in decision-making.

    A key recommendation from the review is that eligibility should be based on the real-life experience of clients and not just on a list of activities. It also recommends that the application process should be made easier for those with fluctuating conditions and mental health problems and take into consideration the environment in which the person lives.

    The report also calls for sustainable funding for welfare advice services, more inclusive communication, and automatic entitlement in some circumstances.

    Edel visited Inspire by Community Integrated Care an Aberdeen-based charity supporting adults with learning disabilities and additional support needs. The visit offered an insight into the role of social security in promoting independence, inclusion, and dignity.

    Community Integrated Care’s Managing Director for Scotland, Sara Murphy, said:

    “It was a privilege to welcome Edel to our Inspire by Community Integrated Care service and show how financial support like Adult Disability Payment can make a visible difference in people’s lives. As a care provider, we see every day how inclusive, person-centred support enables people to build confidence, develop skills, and live more independently.

    “We welcome the review’s call for a system that truly listens to disabled people and reflects their real-life experiences. We hope it leads to meaningful change that makes accessing support fairer, simpler, and more empowering for those who need it.”

    Background

    The full report is available at: https://www.gov.scot/isbn/9781836918912

    The review was commissioned by the Scottish Government in February 2024 to examine the first year of Adult Disability Payment delivery, with the aim of identifying improvements to the eligibility framework, decision-making process and client experience.

    Implementation of the recommendations in the review will be assessed against criteria including deliverability, cost, and alignment with human rights principles.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Independent Review of Adult Disability Payment

    Source: Scottish Government

    A vision for improving access to support for disabled people.

    Issued on behalf of the Independent Review of Adult Disability Payment

    A landmark independent review of Adult Disability Payment (ADP) has called for a simplified and more accessible application process, urging the Scottish Government to protect and improve access to support for disabled people.

    Led by experienced charity leader, Edel Harris OBE, the review highlights that while Adult Disability Payment is significantly more compassionate than the UK benefit it replaced, some people still face barriers, complexity and distress when applying for the benefit.

    While the review notes that there are several welcome changes such as the cessation of DWP-style assessments and recognises the compassionate approach of Social Security Scotland staff, it concludes that there is still more that can be done to deliver a truly human-rights based approach.

    Edel Harris, Chair of the Adult Disability Payment Review, said:

    “Adult Disability Payment has been described by many as a step change – kinder in tone and more dignified in approach. But too often, disabled people still find the system difficult to navigate, time-consuming, and anxiety-inducing.

    “I heard consistently that if we are to realise social security as an investment in people, it is important to ensure that the eligibility criteria fulfil this goal.

    “This review highlights the importance of a system that is not only compassionate, but practical and accessible. The recommendations are based on real experiences and a shared commitment to making Adult Disability Payment work better for everyone who needs it.”

    The review engaged extensively with disabled people and the organisations that support them. It drew on evidence from a public consultation, written submissions, in-person and online events, and the lived experience of an advisory group made up of third sector representatives, disabled people and people with long-term health-conditions.

    Over the course of the review, Edel Harris also met with stakeholder groups, third sector organisations, and officials from the Scottish Government and Social Security Scotland to understand a variety of experiences of Adult Disability Payment.

    The review makes over 50 recommendations including:

    • Enhancing the client experience and embedding trauma-informed, stigma-free approaches.
    • Simplifying the application form and improving the decision-making process.
    • Training, guidance, and clearer communication for staff and clients.
    • Reviewing eligibility criteria and improving fairness in decision-making.

    A key recommendation from the review is that eligibility should be based on the real-life experience of clients and not just on a list of activities. It also recommends that the application process should be made easier for those with fluctuating conditions and mental health problems and take into consideration the environment in which the person lives.

    The report also calls for sustainable funding for welfare advice services, more inclusive communication, and automatic entitlement in some circumstances.

    Edel visited Inspire by Community Integrated Care an Aberdeen-based charity supporting adults with learning disabilities and additional support needs. The visit offered an insight into the role of social security in promoting independence, inclusion, and dignity.

    Community Integrated Care’s Managing Director for Scotland, Sara Murphy, said:

    “It was a privilege to welcome Edel to our Inspire by Community Integrated Care service and show how financial support like Adult Disability Payment can make a visible difference in people’s lives. As a care provider, we see every day how inclusive, person-centred support enables people to build confidence, develop skills, and live more independently.

    “We welcome the review’s call for a system that truly listens to disabled people and reflects their real-life experiences. We hope it leads to meaningful change that makes accessing support fairer, simpler, and more empowering for those who need it.”

    Background

    The full report is available at: https://www.gov.scot/isbn/9781836918912

    The review was commissioned by the Scottish Government in February 2024 to examine the first year of Adult Disability Payment delivery, with the aim of identifying improvements to the eligibility framework, decision-making process and client experience.

    Implementation of the recommendations in the review will be assessed against criteria including deliverability, cost, and alignment with human rights principles.

    MIL OSI United Kingdom

  • MIL-OSI USA: TOMORROW: Governor Newsom to announce major addition to state’s firefighting capabilities

    Source: US State of California Governor

    Jul 30, 2025

    SACRAMENTO COUNTY — Governor Gavin Newsom will join CAL FIRE at a press conference tomorrow to announce the latest additions to the world’s largest aerial firefighting fleet.

    WHEN: Thursday, July 31 at approximately 1 p.m.

    LIVESTREAM: Governor’s Twitter page, Governor’s Facebook page, and the Governor’s YouTube page. This event will also be available to TV stations on the LiveU Matrix under “California Governor.”

    NOTE: This in-person press event will be open to credentialed media only. Media interested in attending must RSVP by clicking here no later than 11 a.m., July 31. Location information will be provided upon RSVP confirmation.

    Media advisories, Recent news

    Recent news

    News What you need to know: In response to concerns from local elected leaders and community members about the potential for widespread SB 9 development concentrated in areas rebuilding from destructive fires and crowding evacuation routes, the Governor today issued…

    News SACRAMENTO – Governor Gavin Newsom today announced that he has signed the following bills:AB 17 by Assemblymember Juan Alanis (R-Modesto) – Elections: precinct maps.AB 377 by Assemblymember David Tangipa (R-Clovis) – High-Speed Rail Authority: business plan:…

    News What you need to know: California is standing up for all Americans by challenging Trump’s unlawful tariff policy, which is slowing the national economy and raising prices for consumers.  SACRAMENTO – Governor Gavin Newsom today filed an amicus brief in support of…

    MIL OSI USA News

  • MIL-OSI USA: Chairman Capito Delivers Floor Speech on Need for Bipartisan Permitting Reform Legislation

    US Senate News:

    Source: United States Senator for West Virginia Shelley Moore Capito

    [embedded content]

    To watch Chairman Capito’s floor remarks, 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, delivered remarks on Senate Floor outlining the need for comprehensive, bipartisan reforms to our nation’s environmental review and permitting processes.

    “The opportunity is here, this is right in front of us, and I can guarantee you that I will be at the forefront of these efforts to make sure that these reforms can become a reality. I encourage my colleagues to heed the importance of this moment,”Chairman Capito said.

    Below are the floor remarks of Chairman Shelley Moore Capito (R-W.Va.) as delivered.

    “As we both know, for too long, critical projects central to American energy development, infrastructure improvement, and economic development have been trapped in a cycle of redundant reviews, shifting goalposts, endless red tape, and regulatory uncertainty.

    “Businesses large and small, looking to build things in our country again, really need certainty that is necessary for long-term investments, and projects needed to deploy new energy technologies, and efforts to restore the environment, have been caught in the same regulatory swamp as well.

    “This has been loaded on for years. Years of changes in guidance have created a complex web of ever-expanding, duplicative, and contradictory requirements, while Congress has not stepped in to provide the clarifications that our country needs. All this has led to lost jobs, missed economic opportunities, and higher prices across America, underpinning the importance of comprehensive reform to our environmental review and permitting processes. I can tell you, I get asked about this consistently, every day, more than a few times a day.

    “So, let me talk a little bit about my home state of West Virginia. I’ve seen firsthand how projects that our communities rely on face needless delays and how costs are then shifted to our families who pay more for energy, housing, transportation, and basic goods as a result.

    “These types of delays nearly stopped what will become one of the most environmentally friendly steel production facilities in the world that will employ over a thousand people in Mason County.

    “Top highway projects, like Corridor H that would improve both safety, mobility, and create economic development, have encountered multiple permitting delays and uncertainty under a litany of environmental statutes. Even West Virginia water extensions, broadband deployments, and bridge replacements have all faced delays from the federal permitting process.

    “If you’ve spent time in my state, visited our communities, or traveled across our mountains, it’s obvious how important these projects are to our state of West Virginia. They impact everything from how we heat our homes, to how we connect our schools with internet, and maintain the roads and bridges that our residents travel on every single day.

    “Point blank, these delays are holding our state and every state back from reaching our full potential, robbing our people of investments and economic development that would improve the quality of their lives. I believe it is time for Congress act.

    “Clearly, I am no stranger to the ever-illusive topic of permitting reform. Throughout my time in the Senate, I have introduced multiple bills on the subject and have been involved in the regulations on this topic, and while we were able to include some reforms in the bipartisan Fiscal Responsibility Act, it is very clear that much more needs to be done.

    “The fact of the matter is, each one of us in this chamber has a critical need in our state that could be addressed by improving our permitting and environmental processes. Like building more housing, we always hear about a housing shortage, or bringing energy projects online, we hear about the expansions of nuclear, that are going to be held in the permitting process, or improving the conditions of surface transportation infrastructure, just to name a few. No matter what our constituents need, we all know that permitting reform is needed to deliver projects more quickly and more efficiently.

    “In my role as the Chair of the EPW Committee, where we have jurisdiction over the laws that set the framework for our environmental review and permitting processes, I could not be more earnest in my desire to lead this effort with our Ranking Member. Our Committee’s involvement on this issue remains apparent by the delivery of not just this speech we’re doing together, but as we continue to work together with the goal of crafting bipartisan legislation.

    “Together, we started bipartisan conversations in our Committee in February, when we held a hearing to gain the perspectives of leaders who are directly involved with navigating these processes.

    “To ensure that we would gather a complete look at all of the issues, we kept the hearing record open for over a month to give all stakeholders the opportunity to share their experience with these existing environmental review and permitting processes, and identify challenges and recommend possible solutions to this Congress.

    “From this record, we garnered 107 submissions representing 146 individual organizations, and an additional 854 individual requests on how to improve the federal environmental review and permitting process.

    “These responses have helped the EPW Committee identify the challenges that persist across the wide variety of projects and to identify consensus on the potential solutions to address these challenges.

    “While we’ve talked about the issue of permitting for a number of years in Congress, it’s important that we currently find ourselves, I think, in like-thought all across the spectrum. Each branch of the federal government, from the Executive, to Congress, and the Judiciary, are united in our dissatisfaction with the current permitting and environmental review processes.

    “The Trump Administration has taken numerous actions to cut red tape and to put the United States in the best possible position to grow our economy and create jobs.

    “The Supreme Court delivered a unanimous decision in the Seven County Infrastructure Coalition case in May that validated what many of my colleagues and I have long been saying, and that is the responsibilities of federal agencies under the [National Environmental Policy Act] have evolved beyond what Congress intended, creating roadblocks instead of considering the environment in federal decision-making.

    “Right now, we have the momentum, I believe, needed to deliver meaningful and lasting reforms to the environmental review and permitting process, and I believe this is an unprecedented opportunity and something we can truly accomplish.

    “I do believe, and we know this well, Senator Whitehouse and I know this well, that there are areas of strong disagreement in this area between the two of us, and what we’re going to try to do is to find those areas of like-thinking, that moves the process along. No matter how difficult it might be, this is the only way we get a permanent solution, so we don’t see the swings of the environmental process that we’ve seen over the last few years.

    “To start, durable and implementable reforms need to be successful, they have to be bipartisan. Legislation that the Senate crafts must take into account all types of projects, not just politically favored projects no matter who is favoring them, or projects that will support the infrastructure needs of some Americans but not others. We must provide clarity and transparency in these processes, and be thoughtful in the way we craft the legislation.

    “We need to address every stage of these processes to find efficiencies while balancing public health, the environment, and the needs of our economy, and our legislation must establish guardrails that cease the endless amounts of agency delays and litigation that stunts the development of our projects. I’ve seen investments in my state collapse under the weight of legal challenges, denying benefits to those that needed it the most.

    “I want to stress that modernizing these processes does not mean cutting corners or weakening our environmental and public health protections, and this is exceedingly important to all of us and to the process. It means focusing the government on meeting the needs of the American people, ensuring the quality of our environment for generations to come, and making the processes more efficient, predictable, and transparent so that they’re not stuck in a bureaucratic purgatory of endless litigation.

    “The reality is this, hardworking Americans want a government that works for them, not one that keeps them waiting for the benefits that many of these projects promise to their communities. What happens when you wait, if the project still goes forward? It gets more and more and more expensive with time.

    “I was encouraged to see bipartisan efforts from our colleagues in the House of Representatives, as last week, Natural Resources Committee Chairman Bruce Westerman and Representative Jared Golden announced a proposal to address many of the concerns I just laid out.

    “As negotiations continue in the Senate, we must remember that it will take the collaboration of both chambers [of Congress] and the Administration to get impactful legislation across the finish line.

    The opportunity is here, this is right in front of us, and I can guarantee you that I will be at the forefront of these efforts to make sure that these reforms can become a reality. I encourage my colleagues to heed the importance of this moment, and many of our colleagues are talking about this and have great expertise in this area, and we need your help.

    “With that, I yield the floor.”

    MIL OSI USA News

  • MIL-OSI USA: Capito: The OBBB Delivers Tax Relief for West Virginians

    US Senate News:

    Source: United States Senator for West Virginia Shelley Moore Capito

    WASHINGTON, D.C. – The One Big Beautiful Bill prevents what could have been the largest tax increase in history for working- and middle-class Americans. By permanently extending and expanding on the successful Tax Cuts and Jobs Act (TCJA), passed during President Trump’s first term, Senate Republicans are delivering on their promise to foster an environment of economic growth and increase affordability for American families.

    “The One Big Beautiful Bill delivers the largest tax cut in history to hardworking people in West Virginia and across the country. That means that West Virginia families not only get to keep more of their hard-earned paychecks, but they will see their take-home pay increase by thousands of dollars. These tax cuts will also help small businesses grow and hire more people, leading to greater economic growth and more opportunity,” Senator Capito said.

    West Virginia Wins:

    • Around 400 thousand seniors in West Virginia could benefit from the no taxes on social security.
    • 5% of the labor force is employed in occupations that will benefit from the no taxes on tips.
    • Establishes a $6,000 bonus deduction for seniors. 
    • Establishes a permanent small business deduction and increases Section 179, Small Business Expensing Cap from $1.25 million to $2.5 million. 
    • Extends the Hydrogen Tax Credit (945V) until January 1, 2028, which will save Hydrogen Hubs across the country, including West Virginia’s ARCH2 project. 
    • Permanently restores 163j interest deductibility beginning after December 31, 2024, which will provide West Virginia’s small business owners the tools they need to compete, grow, and hire.

    What Others Are Saying:

    “The One Big Beautiful Bill Act is a landmark victory for West Virginia’s small businesses. By making the Small Business Tax Deduction permanent, Congress delivered the certainty that Main Street needs, allowing small business owners to continue to create jobs, grow their business, and invest in their communities. With the One Big Beautiful Bill Act, Senator Capito along with both Chambers of Congress, have strengthened the foundation of our economy and provided a boost not just for small businesses, but a boost for the entire country,” Gil White, NFIB West Virginia State Director, said.

    “Senator Capito has always been a champion and leader for West Virginia’s hospitality and tourism industry, which is an economic driver that employs thousands of West Virginia workers and welcomes millions of visitors to our great state annually. We are thankful for Senator Capito’s support of key provisions in the One Big, Beautiful Bill that will positively impact our restaurant, lodging, and tourism industry members. Important policies included in the bill – such as ‘no tax or tips’ and ‘no taxes on overtime,” full expensing of capital equipment purchases, qualified business income deductions, and permanent family and medical leave credits – provide much-needed benefits to hospitality and tourism employees and regulatory and tax certainty for small business owners that will allow tourism to continue as an economic powerhouse for West Virginia,” Richie Heath, Executive Director of the West Virginia Hospitality and Travel Association, said.

    MIL OSI USA News

  • MIL-OSI Australia: Interview with James Glenday and Emma Rebellato, News Breakfast, ABC

    Source: Australian Parliamentary Secretary to the Minister for Industry

    James Glenday:

    Welcome back to the show. On this Thursday morning, you’re watching News Breakfast. It is always lovely to have your company.

    Emma Rebellato:

    We’ll get an update on the latest with the global tsunami alerts in just a moment. But first, borrowers will be hoping the latest inflation data will be the confirmation the Reserve Bank needs to cut rates next month.

    Treasurer, Jim Chalmers, joins us now from Canberra. Treasurer, thanks for joining us this morning.

    Jim Chalmers:

    Thanks for having me back on, Emma.

    Rebellato:

    So homeowners are hoping for a rate cut. Are you worried though that if there is a cut it will encourage more investors into the market, and that will price out people wanting to buy their own home?

    Chalmers:

    I’m not going to pre‑empt decisions that the Reserve Bank takes independently. I think rate relief is welcome, certainly when interest rates were cut twice already this year, that provided some very, very welcome rate relief for millions of Australians with a mortgage. That’s how we see it, but I don’t want to make predictions or pre‑empt the decisions that the Reserve Bank will take.

    What yesterday’s numbers showed when it comes to those inflation numbers is really quite remarkable progress. The progress that Australians have made together over the course of the last 3 years on inflation has been outstanding because we’ve been able to get inflation down at the same time as we deep unemployment low, we’ve got real wages growing again – but it’s never mission accomplished, because the global environment’s uncertain, we’ve got some persistent structural issues in our economy, growth in our economy is soft and people are under pressure. And that’s why the primary goal, the main priority of the first 2 weeks of the parliament sitting has been to roll out more cost‑of‑living help.

    Rebellato:

    Treasurer, your productivity roundtable is on in just a few weeks. Will you be looking – and we know housing going’s to be on the agenda – will you be looking specifically at property investors. Do you want to change the capital gains tax discount?

    Chalmers:

    That’s not why we’ve put this Economic Reform Roundtable together. It’s all about making our economy more resilient and more productive, and our budget more sustainable.

    I expect and I hope that building more homes is one of the central considerations of the Economic Reform Roundtable. I’ve been working very closely with Minister Clare O’Neil with a number of people who will be at the roundtable and with a whole range of people around the country.

    We’ve all got an interest in building more homes sooner; that’s the government’s priority. The primary focus there, I think, at the roundtable will be around how we speed up approvals and get the zoning for housing right, because we desperately need more homes. The Commonwealth government has come to the table with tens of billions of dollars in investment, our political opponents want to cut funding for housing, but overwhelmingly, people want to see where there’s common ground to build more homes, and that will be the focus.

    Rebellato:

    Treasurer, one of the stories we’re following today is the latest Productivity Commission report on closing the gap. Again, so many targets are showing so little progress, and some are worsening. How would you characterise this? Is this a failure by governments?

    Chalmers:

    We need to do much better. I think from memory, 10 of the 15 measures, we’ve seen a little bit of progress in the report released overnight, some have gone backwards in worrying ways.

    I think every member of the government, and I think many Australians would acknowledge that we need to do better, and the reason why these reports are so important is because they make sure that we keep governments and the community more broadly up to the mark. We need to do better when it comes to closing the cap.

    Minister Malarndirri McCarthy is working in her characteristically diligent way with all of the stakeholders, all of the communities to try and turn these numbers around. There has been progress in 10 of the 15, there has been some worrying outcomes in the rest, but overall, we need to do more and we need to do better.

    Rebellato:

    Treasurer, we know the issue in the Middle East is a big talking point in parliament and in the government at the moment. Is it now inevitable that Australia will recognise a Palestinian state; do you want to see that happen?

    Chalmers:

    I do, and I think it’s a matter of when, not if Australia recognises a Palestinian state for a long.

    Rebellato:

    So could we see it before September, before that UN meeting?

    Rebellato:

    I don’t want to put a timeframe for it, it’s been a long‑standing bipartisan policy that we see a two‑state solution in that part of the Middle East. From my point of view that progress that has been made, that momentum that we’re seeing in the international community is welcome, but it’s also conditional.

    There are a number of obstacles still in the way to recognition of a Palestinian state, for example, the treatment, the release of the hostages, making sure that there’s absolutely no role for Hamas. These are the sorts of things that the international community is working through.

    That statement that came out yesterday that we signed as Australians via our Foreign Minister Penny Wong is a really important one. It condemns the terrorist act on 7 October, it demands a ceasefire, the release of hostages and access for humanitarian aid; it encourages countries to work towards recognition as a really important part of that two‑state solution, and the reason we want to see a two‑state solution is because Israeli families and Palestinian families need and deserve to be able to raise their kids in peace, and that’s what this is all about.

    Rebellato:

    Treasurer, let’s stay with issues overseas, and the issue of tariffs. Now, Donald Trump has now said if he’s not negotiated with a country that they’re now looking at between a 15 and 20 per cent tariff. Is that what you’re working towards now; forget about 10 per cent, it’s now looking 15 to 20?

    Chalmers:

    We haven’t heard differently from the 10 per cent baseline that’s been levied on Australia; obviously we continue to engage with the Americans on this. It’s one of the main issues playing out in the global economy, it’s a major source of uncertainty in the economy, whether it’s what’s been said overnight about India, whether it’s the back and forth between the US and China or the tariffs levied directly on Australia. We’ve got the baseline rate as far as we are aware, and as we understand it, which is 10 per cent.

    Rebellato:

    So you don’t expect that to move?

    Chalmers:

    I think it would be a brave person to assume that there won’t be – whether it’s with other countries or – there will always be more announcements about this. These tariff announcements are a moving feast. But our understanding, our expectation is we get the baseline.

    We think that the best outcome is zero because these tariffs are an act of economic self‑harm. We see inflation is going up in the US. Earlier in the year they had slowing growth, interest rates on hold again in the US overnight, they’ve got higher interest rates than we do in Australia.

    We think these tariffs are bad for the American economy, certainly bad for the global economy. We’re better placed and better prepared than most countries to deal with that, but we won’t be immune. We’ll continue to engage with the Americans on it.

    Rebellato:

    Treasurer, just to change things up a little bit, this is possibly the hardest question you’ll be asked today, we’ve been talking about theme songs. Do you have a favourite theme song?

    Chalmers:

    It’s hard to go past the themes – the 2 theme songs in the Rocky movies, or the theme song to that great Eminem movie, 8 Mile. I’m a hip‑hop guy –

    Rebellato:

    Oh, yeah.

    Chalmers:

    – as James on the couch knows, but I think the best theme song, now that you put me on the spot, the best theme song I can remember is when Powderfinger, These Days kicks in during that wonderful Australian movie, Two Hands.

    I think These Days by Powderfinger came in at number 14 on the week in the Triple J Hottest 100 Australian songs. Like everyone who loves Powderfinger, I think that should have been higher. But that’s an amazing theme song, and that’s an incredible, Two Hands, Heath Ledger, Bryan Brown, Rose, all the great Australian actors and a wonderful Australian theme song too by Powderfinger from Brisbane.

    Rebellato:

    Treasurer, thank you so much for joining us this morning, we appreciate it.

    Chalmers:

    Thanks very much.

    MIL OSI News

  • MIL-OSI Australia: Interview with Natalie Barr and Matt Shirvington, Sunrise, Channel 7

    Source: Australian Parliamentary Secretary to the Minister for Industry

    Natalie Barr:

    For more, we’re joined by Treasurer Jim Chalmers. Good morning to you.

    Jim Chalmers:

    Morning, Nat.

    Barr:

    So, when the godfather of AI begins to regret his contribution to the invention, should we be concerned?

    Chalmers:

    I think there’s a whole range of views about artificial intelligence. I’m optimistic that it will be transformational in a good way in our economy but only if we manage the risks right. And so our government is doing a heap of work, including with Scott Farquhar and others who will be part of our Economic Reform Roundtable, to make sure that we maximise the opportunities of AI at the same time as we manage the risks. The risks can be substantial in our labour market and more broadly as well. We need to manage those. But overwhelmingly, I think AI will be transformational in our economy and in our society, and we need to make it work for us, not against us.

    Matt Shirvington:

    It’s moving so fast, isn’t it, Treasurer? Let’s talk about that roundtable. You said tech billionaire Scott Farquhar is going to be a part of that. He’s for this. He wants more productivity, more investment to expand AI in Australia. Is that required? Is that what we’re going to do? Are we going to take advantage of the time being now?

    Chalmers:

    I think there are broadly 3 schools of thought here. There’s a group of people who say, let it rip. There’s a group of people who, I think unrealistically, say that we should kind of turn back the clock and pretend these technological developments aren’t happening. And then there’s a responsible middle path, which is the approach that the government intends to take. And that’s all about making sure that our people are beneficiaries, not victims of these big technological changes. This will be seismic. Artificial intelligence will have a massive impact on our economy and on our society. And it’s up to us as governments and as societies to work out how we make that work for us, not against us. To make people beneficiaries of these changes rather than victims of it.

    Barr:

    So this is the guy who resigned from Google because he wanted to warn the world about the dangers. Are you confident that our country has the safeguards against the bad parts of AI?

    Chalmers:

    I’m confident that we can manage the risks, but it won’t be easy. And something that is changing this quickly, the pace of change, the accelerating pace of these technological changes, is a big challenge because we need to catch up and keep up with the way that it’s changing our economy and our society. And we need to make sure that its impact is positive, not negative.

    The risks are there, they are substantial. We focus on the risks, for example, in the labour market, but also more broadly, and we need to manage that. Every country in the world is grappling with this challenge. Trying to work out how AI can be a force for good in our economy, making us more productive, making our work easier, augmenting some of the tasks that people do at work. Those are the upsides of AI.

    There are potential downsides as well, and that’s why we work so closely with the tech industry and with others – my colleague Tim Ayres and Andrew Charlton and Ed Husic before that. It’s a big focus of the government. It’ll be a big focus of our efforts at the reform roundtable next month as well.

    Shirvington:

    It’s good to hear, because you just don’t want to miss the boat. Just quickly on inflation figures. You know, you’ve been at the helm, you’ve seen them go down and down and down. Low 2s now, paving the way potentially, for a rate cut next month. What do you think?

    Chalmers:

    I try not to make predictions about decisions that the independent Reserve Bank will take about interest rates, but I’m really pleased that inflation has come down so substantially. It’s a powerful demonstration of the progress that Australians have made together in the fight against inflation. When we came to office 3 years ago, it was higher than 6 per cent and absolutely galloping. We’ve got it down now into the low 2s. That’s a good thing. But the job’s not finished. It’s not mission accomplished.

    We know that people are still under pressure and that’s why the main goal of the parliament the last 2 weeks since it’s returned after the election has been to deliver all kinds of cost‑of‑living relief to help ease some of these pressures. But inflation coming down is a very good thing. The unemployment rate staying relatively low is a very good thing. Real wages are growing as well, but we know there’s always more work to do.

    Barr:

    Treasurer, thank you very much for your time.

    Chalmers:

    Appreciate it, guys.

    MIL OSI News