Category: Finance

MIL-OSI Australia: Police seeking witnesses to fatal crash in CBD

Source: New South Wales – News

Police have released images of two cars seen in the CBD just after a pedestrian died in a crash on Wakefield Street.

Police and emergency services were called to the intersection of Wakefield Street and Frome Street, Adelaide about 9.30pm on Sunday 30 March by reports of a collision.

It is believed the pedestrian was crossing Wakefield Street when he was struck by a Nissan four-wheel drive, then by a second vehicle, a Mazda station wagon.

Sadly, the 65-year-old Adelaide man died at the scene.

The driver of the Nissan, a 61-year-old Mitchell Park man, was arrested by Major Crash officers and charged with cause death by careless driving. He was bailed to appear in the Adelaide Magistrates Court on 18 June.

The driver of the Mazda, a 20-year-old Hillcrest man, is assisting police with their enquiries.

Both vehicles were towed from the scene for forensic examination.

Major Crash Investigation Section has released two images of two separate cars following an investigation.

Following the initial collision between the Nissan utility and the pedestrian a dark sedan with a spoiler on the rear and a white SUV were seen in CCTV footage to pass through the collision scene in a westerly direction.

These two vehicles are not believed to be involved in the collision (images below).

Police are appealing for the driver of both vehicles or any other witnesses to contact Crime Stoppers on 1800 333 000.

Please reference 25-034M.

MIL OSI News –

March 31, 2025
MIL-OSI United Kingdom: OPDC Announces Hemiko as development and funding partner for innovative New Heat Network

Source: Mayor of London

The Mayor of London’s development corporation for Old Oak and Park Royal (OPDC) has today announced that Hemiko has been chosen as the development partner for its innovative new district heat network.

OPDC and Hemiko will work together in partnership to design, deliver, fund and operate the new low carbon heat network, which will draw waste heat from local data centres, providing low-cost, low carbon energy to over 9,000 new homes and businesses in the Old Oak and Park Royal area, as well as existing buildings including Central Middlesex Hospital. Using waste heat from data centre cooling systems in this way is a UK first that positions London at the forefront of the UK’s transition to a low carbon, circular economy, whilst driving the growth of the UK tech sector.

Hemiko is a leading heat network utility provider that develops, builds, funds and operates urban heat networks for commercial, residential and mixed-use developments across the UK, including the Greenwich Peninsula regeneration project in London and they are currently building a new network in Worthing.

The first phase of OPDC’s heat network is expected to deliver up to 95GWh of heat a year, the equivalent of boiling around 1 billion kettles. The network will expand over five phases between 2028 and 2040, serving the wider Old Oak and Park Royal regeneration area, London’s largest new development project, with plans to build up to 25,000 homes over the next two decades.

In November 2023, OPDC was awarded £36m from the Government’s Green Heat Network Fund and in October 2024, Old Oak and Park Royal was announced as one the UK’s first heat network zones – areas designated by the Government where heat networks will provide the lowest cost, low carbon heating option.

The Mayor of London’s Local Energy Accelerator (LEA) programme, which was co-funded by the Mayor and the European Regional Development Fund, and the Mayor’s Green Finance programme, have provided an additional £1.7m to fund the technical and commercialisation work to develop the commercial case for the network.

This will now be bolstered by Hemiko who will invest £63m in the first phases, growing to around £600m by 2040, boosting economic growth and creating local jobs in West London.

OPDC’s heat network will eventually serve London’s largest Opportunity Area, benefitting new and existing communities living and working in the new urban district being created at Old Oak and Park Royal. As well as many thousands of new and affordable homes, plans include around 3 million sq ft of new commercial, retail and leisure development, high-quality parks and green space, and community services and facilities, all within walking distance of the new HS2 station at Old Oak Common, where HS2, Elizabeth line and Great Western Main Line services will operate.

MIL OSI United Kingdom –

March 31, 2025
MIL-OSI Security: Relentless Pursuit: U.S. Marshals Arrest Suspected Norteños Murderers in Multi-State Manhunt

Source: US Marshals Service

Spokane, WA – The U.S. Marshals Service (USMS), in coordination with federal, state, and local law enforcement partners, continues to demonstrate the effectiveness of its rapidly advancing manhunt program in the pursuit and apprehension of violent fugitives.

Following the tragic March 21, 2025, drive-by shooting in Moses Lake, Washington, which claimed the life of a 14-year-old boy and critically injured four others, the USMS Pacific Northwest Violent Offender Task Force (PNVOTF) launched an intensive multi-agency effort to locate and arrest those responsible.

Case Progression:

• March 24, 2025: A juvenile suspect was arrested in Richland, Washington, at the request of the U.S. Marshals Service to prevent his escape while he received treatment for a self-inflicted gunshot wound at Kadlec Regional Medical Center. The arrest was conducted in coordination with the Richland Police Department. The suspect was charged with first-degree murder and multiple felony counts.
• March 25, 2025: Arrest warrants were issued for Jose Beltran-Rodriguez and Matthew Valdez, charging them with first-degree murder, five counts of first-degree assault, drive-by shooting, and felon in possession of a firearm.
• March 27, 2025: The U.S. Marshals Task Force and Spokane County Sheriff’s Office SWAT Team executed a search warrant at a Spokane residence in pursuit of Beltran-Rodriguez.
• March 28, 2025: Fugitive Matthew Valdez was apprehended in Beaverton, Oregon, with assistance from the Washington County Sheriff’s Office Community Violence Reduction Team and Tactical Negotiations Team.
• March 29, 2025: The U.S. Marshals Service announced a reward of up to $10,000 for information leading to the arrest of Beltran-Rodriguez, the last remaining suspect.
• March 30, 2025: Jose Beltran-Rodriguez was arrested in Redding, California, and booked into jail pending extradition hearings.

Participating Agencies:

The USMS Investigation Operations Division (IOD) played a pivotal role in supporting the rapidly advancing manhunt, bringing together a vast network of resources from across the country, including:

•    Moses Lake Police Department
•    USMS Aviation
•    USMS Domestic Investigations Branch
•    USMS District of Oregon
•    USMS Eastern District of California
•    USMS Incident Management Team
•    USMS Northern District of California
•    USMS Organized Crime Drug Enforcement Task Force (OCDETF)/Organized Crime and Gangs (OCAG) Unit
•    USMS PSWRTF
•    USMS Special Operations Group
•    USMS TOG
•    USMS TOG Rocky Mountain
•    Members from USMS Regional Fugitive Task Forces across the country
•    Alcohol, Tobacco, Firearms and Explosives (ATF)
•    Benton County Sheriff’s Office – Washington
•    Stockton Police Department – California
•    Spokane County Sheriff’s Office – Washington
•    U.S. Border Patrol
•    The Federal Bureau of Investigation (FBI)
•    The United States Attorney’s Office for the Eastern District of Washington
•    Washington County Sheriff’s Office – Oregon
•    Washington State Department of Corrections
•    Washington State Patrol
•    Yakima PD
•    Yakima County Sheriff’s Office
•    And many other agencies

Additionally, the Moses Lake Police Department worked tirelessly around the clock, contributing significantly to the investigation and ensuring coordination among all involved agencies. Their relentless efforts were instrumental in the swift conclusion of this manhunt.

Ongoing Investigations and New Charges:

As a result of the investigation, associates of Beltran-Rodriguez, Valdez, and the juvenile in both Moses Lake and Spokane, Washington, are now facing criminal investigations and new charges. The ATF and the Moses Lake Police Department are actively pursuing federal charges against all individuals involved in this violent crime.

Beltran-Rodriguez, Valdez, and the juvenile suspect are all suspected members of the Norteños, a transnational criminal organization with ties to violent crime, drug trafficking, and firearms offenses across the United States and beyond.

Rapidly Advancing Manhunt (RAM):

The rapidly advancing manhunt program combines real-time intelligence sharing, cutting-edge technology, and interagency collaboration to track and capture violent fugitives. This case highlights the use of the RAM model.

“The swift identification and arrest of multiple fugitives in this case demonstrates the strength of the U.S. Marshals Service’s proactive manhunt strategy,” said Craig Thayer, U.S. Marshal for the Eastern District of Washington. “By leveraging cutting-edge investigative tools, intelligence analysis, and close partnerships with our law enforcement partners, we ensure that violent criminals are swiftly brought to justice.”

This remains an active and ongoing investigation. Further details will be released as they become available.

The Pacific Northwest Violent Offender Task Force is a U.S. Marshals-led partnership comprising federal, state, and local law enforcement officers from Washington, Oregon, and Alaska. The task force’s primary mission is to locate, arrest and return to the justice system the most violent and egregious federal and state fugitives. Oregon-Idaho HIDTA program is an Office of National Drug Control Policy (ONDCP) sponsored counterdrug grant program that coordinates with and provides funding resources to multi-agency drug enforcement initiatives, including the Pacific Northwest Violent Offender Task Force.

Anyone with information is urged to contact the nearest U.S. Marshals office, the U.S. Marshals Service Communications Center at 1-800-336-0102, or USMS Tips.

MIL Security OSI –

March 31, 2025
MIL-Evening Report: Hosting the UN climate summit is far from ‘madness’ – here’s how Australia stands to benefit

Source: The Conversation (Au and NZ) – By Wesley Morgan, Research Associate, Institute for Climate Risk and Response, UNSW Sydney

Opposition Leader Peter Dutton would withdraw Australia’s bid to co-host next year’s global climate summit if the Coalition wins the federal election.

Australia has lobbied hard for the right to host the talks, known as COP31, in conjunction with Pacific nations. Australia has emerged as a leading contender, and has the backing of most countries in its United Nations grouping, including the United Kingdom, France, Germany, Canada and New Zealand.

However, Dutton on Sunday described the idea of hosting the UN climate conference as “not something we are supporting — it is madness”. He also falsely claimed it would cost Australia “tens of billions” of dollars to host the event.

Australia would reap big benefits by hosting the high-profile global talks. It would likely attract considerable investment in renewables and clean energy export industries, and strengthen Australia’s national security during a time of increasing geo-strategic competition in the Pacific. To pull out now would be a costly move.

Decison deferred until June

The decision on who will host COP31 in 2026 was expected at last year’s summit in Azerbaijan. But it was deferred until June this year – after Australia’s next federal election.

Hosting rights are shared between five UN country groupings on a rotational basis. The final decision is made by consensus.

Australia’s bid to host with Pacific nations has considerable support. But Turkey, the only other country in the running to host COP31, has so far resisted lobbying efforts to persuade it to drop out.

An economic boost for Australia

Hosting the UN climate talks is a massive economic opportunity for Australia.

COP31 would be one of the biggest diplomatic summits Australia has ever hosted. Tens of thousands of people could be expected for a fortnight of negotiations, with satellite events held across the nation and the Pacific.

Adelaide is in the box seat to play host. The South Australian government estimated hosting the UN talks could generate more than A$500 million for the state. But economic benefits would be much wider, and longer-lasting, than tourism receipts from those attending. The talks are a chance to attract investment for Australia’s energy transition and for clean energy industries of the future, including critical minerals and green iron.

The UK government’s assessment of the value of hosting the UN climate summit in Glasgow in 2021 found the net economic benefit was double that spent – around A$1 billion. That includes benefits from trade deals and foreign investment. With abundant critical minerals, and excellent wind and solar resources, Australia has even more to gain.

Hosting the world’s largest climate summit is a chance to attract the investment needed to replace ageing and unreliable coal-fired power stations. According to the Clean Energy Investor Group, which represents the capital behind large-scale renewables, more than 70% of the investment in clean energy comes from international sources.

Dutton says he plans to replace coal with nuclear power (and to rely on gas until nuclear plants are built decades from now). The Coalition’s nuclear plan would require hundreds of billions of dollars of taxpayer support.

Securing our place in the Pacific

Working with Pacific nations to address climate change is key to Australian national security.

Australia aims to be the security partner of choice for Pacific island countries. And Pacific island countries are crystal clear: climate change is their “single greatest threat”.

In 2022, Solomon Islands signed a security deal with China, which raised the prospect of a potential Chinese naval base in Australia’s maritime approaches. Foreign Minister Penny Wong – who was in opposition at the time – described it as the worst foreign policy blunder in the Pacific since the end of WWII.

The Albanese government has looked to cement Australia’s place in the Pacific by working with island nations to address climate change. In July 2022, Albanese joined Pacific leaders to declare a Pacific climate emergency and launched bid to co-host a UN climate summit with Pacific nations. In 2023, Australia signed a climate migration deal with Tuvalu that also prevents Tuvalu from pursuing a security deal with China.

Pacific leaders have welcomed Australia’s plans to host the UN climate talks and have agreed to work together to advocate for the joint bid. Walking away now could do real damage to Australian strategy in the region.

Embracing our clean energy future

Hosting COP31 is a chance to set up Australia’s economy of tomorrow, signalling the shift from fossil fuel heavyweight to clean energy superpower.

Australia is leading the clean energy transition. This is a story to tell the world. One in three households have rooftop solar. Already 40% of the main national power grid is powered by wind, solar and storage. We are on track for 80% renewables by 2030.

South Australia is moving even faster, set for 100% clean electricity by 2027. Hosting COP31 in the state is also a chance to showcase clean energy export industries, especially plans to produce green iron and green steel at the Whyalla steelworks.

Australia is the world’s largest exporter of raw iron ore, but is well positioned to export more-valuable, and lower-polluting, green iron to major economies in our region. The potential export value of green iron is estimated to be $295 billion a year, or three times the current value of iron ore exports.

More broadly, our clean energy exports – including green metals, green fertilisers and green fuels – could be worth six to eight times more than our fossil fuel exports.

Walking away from the chance to host the world and showcase our clean energy future would be costly indeed.

Wesley Morgan is a fellow with the Climate Council of Australia

– ref. Hosting the UN climate summit is far from ‘madness’ – here’s how Australia stands to benefit – https://theconversation.com/hosting-the-un-climate-summit-is-far-from-madness-heres-how-australia-stands-to-benefit-253423

MIL OSI Analysis – EveningReport.nz –

March 31, 2025
MIL-Evening Report: Dutton says it would cost too much to host UN climate summit, but pulling out would cost Australia even more

Source: The Conversation (Au and NZ) – By Wesley Morgan, Research Associate, Institute for Climate Risk and Response, UNSW Sydney

Opposition Leader Peter Dutton would withdraw Australia’s bid to co-host next year’s global climate summit if the Coalition wins the federal election.

Australia has lobbied hard for the right to host the talks, known as COP31, in conjunction with Pacific nations. Australia has emerged as a leading contender, and has the backing of most countries in its United Nations grouping, including the United Kingdom, France, Germany, Canada and New Zealand.

However, Dutton on Sunday described the idea of hosting the UN climate conference as “not something we are supporting — it is madness”. He also falsely claimed it would cost Australia “tens of billions” of dollars to host the event.

Australia would reap big benefits by hosting the high-profile global talks. It would likely attract considerable investment in renewables and clean energy export industries, and strengthen Australia’s national security during a time of increasing geo-strategic competition in the Pacific. To pull out now would be a costly move.

Decison deferred until June

The decision on who will host COP31 in 2026 was expected at last year’s summit in Azerbaijan. But it was deferred until June this year – after Australia’s next federal election.

Hosting rights are shared between five UN country groupings on a rotational basis. The final decision is made by consensus.

Australia’s bid to host with Pacific nations has considerable support. But Turkey, the only other country in the running to host COP31, has so far resisted lobbying efforts to persuade it to drop out.

An economic boost for Australia

Hosting the UN climate talks is a massive economic opportunity for Australia.

COP31 would be one of the biggest diplomatic summits Australia has ever hosted. Tens of thousands of people could be expected for a fortnight of negotiations, with satellite events held across the nation and the Pacific.

Adelaide is in the box seat to play host. The South Australian government estimated hosting the UN talks could generate more than A$500 million for the state. But economic benefits would be much wider, and longer-lasting, than tourism receipts from those attending. The talks are a chance to attract investment for Australia’s energy transition and for clean energy industries of the future, including critical minerals and green iron.

The UK government’s assessment of the value of hosting the UN climate summit in Glasgow in 2021 found the net economic benefit was double that spent – around A$1 billion. That includes benefits from trade deals and foreign investment. With abundant critical minerals, and excellent wind and solar resources, Australia has even more to gain.

Hosting the world’s largest climate summit is a chance to attract the investment needed to replace ageing and unreliable coal-fired power stations. According to the Clean Energy Investor Group, which represents the capital behind large-scale renewables, more than 70% of the investment in clean energy comes from international sources.

Dutton says he plans to replace coal with nuclear power (and to rely on gas until nuclear plants are built decades from now). The Coalition’s nuclear plan would require hundreds of billions of dollars of taxpayer support.

Securing our place in the Pacific

Working with Pacific nations to address climate change is key to Australian national security.

Australia aims to be the security partner of choice for Pacific island countries. And Pacific island countries are crystal clear: climate change is their “single greatest threat”.

In 2022, Solomon Islands signed a security deal with China, which raised the prospect of a potential Chinese naval base in Australia’s maritime approaches. Foreign Minister Penny Wong – who was in opposition at the time – described it as the worst foreign policy blunder in the Pacific since the end of WWII.

The Albanese government has looked to cement Australia’s place in the Pacific by working with island nations to address climate change. In July 2022, Albanese joined Pacific leaders to declare a Pacific climate emergency and launched bid to co-host a UN climate summit with Pacific nations. In 2023, Australia signed a climate migration deal with Tuvalu that also prevents Tuvalu from pursuing a security deal with China.

Pacific leaders have welcomed Australia’s plans to host the UN climate talks and have agreed to work together to advocate for the joint bid. Walking away now could do real damage to Australian strategy in the region.

Embracing our clean energy future

Hosting COP31 is a chance to set up Australia’s economy of tomorrow, signalling the shift from fossil fuel heavyweight to clean energy superpower.

Australia is leading the clean energy transition. This is a story to tell the world. One in three households have rooftop solar. Already 40% of the main national power grid is powered by wind, solar and storage. We are on track for 80% renewables by 2030.

South Australia is moving even faster, set for 100% clean electricity by 2027. Hosting COP31 in the state is also a chance to showcase clean energy export industries, especially plans to produce green iron and green steel at the Whyalla steelworks.

Australia is the world’s largest exporter of raw iron ore, but is well positioned to export more-valuable, and lower-polluting, green iron to major economies in our region. The potential export value of green iron is estimated to be $295 billion a year, or three times the current value of iron ore exports.

More broadly, our clean energy exports – including green metals, green fertilisers and green fuels – could be worth six to eight times more than our fossil fuel exports.

Walking away from the chance to host the world and showcase our clean energy future would be costly indeed.

Wesley Morgan is a fellow with the Climate Council of Australia

– ref. Dutton says it would cost too much to host UN climate summit, but pulling out would cost Australia even more – https://theconversation.com/dutton-says-it-would-cost-too-much-to-host-un-climate-summit-but-pulling-out-would-cost-australia-even-more-253423

MIL OSI Analysis – EveningReport.nz –

March 31, 2025
MIL-OSI Asia-Pac: Union Minister of State for Power and New & Renewable Energy Shri Shripad Yesso Naik chairs the 3rd meeting of Group of Ministers constituted for addressing issues related to viability of distribution utilities in the country

Source: Government of India

Union Minister of State for Power and New & Renewable Energy Shri Shripad Yesso Naik chairs the 3rd meeting of Group of Ministers constituted for addressing issues related to viability of distribution utilities in the country

Inflation-indexed and cost-reflective power tariffs need of the hour

Use of AI and digital innovations for financial viability of power sector

Need to review Net-metering and RPO provisions

Prudent O&M cost and reasonable Return on Equity (RoE) should be allowed in Annual Revenue Requirement

Posted On: 30 MAR 2025 10:48AM by PIB Delhi

Union Minister of State for Power and New & Renewable Energy, Shri Shripad Yesso Naik, chaired the third meeting of Group of Ministers constituted for addressing issues related to viability of electricity distribution utilities in Lucknow today.

Shri A. K Sharma, Energy Minister, Uttar Pradesh, Shri Gottipati Ravi Kumar, Energy Minister, Andhra Pradesh, Shri Pradyuman Singh Tomar, Energy Minister, Madhya Pradesh, Smt. Meghana Sakore Bordikar, Minister of State for Energy, Maharashtra and Shri Somendra Tomar, Minister of State for Energy, Uttar Pradesh attended the meeting. The meeting was also attended by senior officials from Central Government, State Governments, State Power Utilities of Member States, Power Finance Corporation (PFC) Ltd and REC Ltd.

In his opening remarks, Union Minister of State welcomed Energy Ministers from the Member States and thanked Energy Minister, Uttar Pradesh, for hosting the meeting. He highlighted about the discussions held during the first two meetings of the GoM and the collective efforts required from the member States for improvement of power distribution sector. He highlighted the need for designing a mechanism for financial restructuring of liabilities of distribution utilities, lowering interest burden on utilities, development of storage solutions, facilitating daytime power supply for agriculture to lower the overall power purchase costs and reduce subsidy burdens.

The Minister also highlighted the need for implementing AI and digital innovations and need for ensuring cost-reflective tariffs for financial viability of power sector. He added that implementing these measures shall help utilities improve the financial sustainability. He also emphasized the need for a scheme similar to UDAY.

In his address Energy Minister, Uttar Pradesh thanked the Union Minister of State for having the 3^rd meeting of the Group of Ministers in Lucknow. He highlighted the achievements of the State of Uttar Pradesh in the power sector including adoption of RE technologies. He commended that the measures taken by the Government of India will have far reaching impact on making country’s distribution sector stronger and healthier. He emphasised on the need for expeditious growth of renewable sources of energy coupled with energy storage solutions so as to meet the future challenges of energy transition and growing power demand. Hon’ble Minister mentioned about the importance of the Government of India’s role in aiding human resources development for achieving better outputs.

Joint Secretary (Distribution), Ministry of Power, GoI made a presentation highlighting key areas of intervention identified during first two meetings of the GoM and proposed measures to be taken by the stakeholders (Central Govt., State Govts. and Regulatory Commissions) to address the viability concern for deliberation.

TATA power distribution, Odisha, as a special invitee, shared the best practices adopted and their journey toward making their DISCOMs profitable.

The member States actively participated in the meeting and presented the overview of State DISCOMs. They gave valuable suggestions for improving the financial condition of DISCOMs. States of Uttar Pradesh, Madhya Pradesh, Andhra Pradesh, Maharashtra and Tamil Nadu made presentations on the subject.

The contours of the Action plan identifying the ways to reduce the outstanding debts and losses of the distribution utilities and the means to bring them into profits, were discussed in detail.

Emphasis was placed on the need for review of regulators’ performance for determining tariffs. The support from Government of India for Privatisation initiatives by State was suggested. The need for regulators to adapt to the latest developments in the sector including the current levels of RE integration, the requirements of capacity building and O&M costs, while finalizing the tariff, was also discussed. It was discussed that delays in payment of Government department dues and subsidies are forcing DISCOMs to resort to working capital loans, which are not being passed on in tariff. There are also delays in passing on of Fuel and Power Purchase Cost Adjustments in tariffs thus creating need for working capital which are not considered in Annual Revenue Requirements of the Utilities. To avoid future tariff shocks, it was suggested to link tariffs to annual inflation-linked tariff hike.

The Group of Ministers reiterated its commitment and expressed resolve to take necessary measures for improving the financial viability of DISCOMs.

In his Closing remarks, the Hon’ble Union Minister of State emphasized on the need for States to demonstrate greater political will and determination to make the power sector viable and urged the member States to work upon the ideas that have emerged during the meeting. It was recommended to invite All India DISCOM Association (AIDA) to the next GoM meeting for their suggestions.

It was also unanimously decided to have 4^th meeting of GoM in Andhra Pradesh in the month of April.

*******

Navin Sreejith

(Release ID: 2116705) Visitor Counter : 216

Read this release in: Hindi

MIL OSI Asia Pacific News –

March 31, 2025
MIL-OSI Asia-Pac: Film festival returns to Dubai showcasing Hong Kong’s cinematic brilliance (with photos)

Source: Hong Kong Government special administrative region

Film festival returns to Dubai showcasing Hong Kong’s cinematic brilliance
Presented by the Asian Film Awards Academy, the week-long film festival kicked off the “Hong Kong Film Gala Presentation” with eight Hong Kong films of different genres from March 22 to 28 (Dubai time), at Cinema Akil at Alserkal Avenue in Dubai to showcase Hong Kong’s vibrant and diverse film culture to local audiences.

In the light of the Ramadan period, the Dubai ETO kicked off the film festival with a unique Iftar-style opening reception, where local audiences and members of the Hong Kong community gathered to share Middle East and Asian delicacies and celebrate the spirits of friendship and harmony during Ramadan, strengthening people-to-people bonds and cultural exchange between the two places. The Iftar dinner was followed by the screening of the opening film “An Abandoned Team”, as film enthusiasts interacted with director Thomas Lee to explore themes of loneliness, redemption, and the unexpected bond between a man and a stray dog portrayed in the drama.

The festival also showcased other genres including gripping thrillers and thought-provoking narratives, with the screening of “Blossoms Under Somewhere”, “Montages of a Modern Motherhood”, “Last Song for You”, “Cesium Fallout”, “Papa”, “The Last Dance” and the classic film “The Bride with White Hair”, which offered viewers a nostalgic glimpse into the iconic martial arts fantasy world.

Director Oliver Siu Kuen Chan from “Montages of a Modern Motherhood”, and actress Sheena Chan from “Blossoms Under Somewhere” also travelled to Dubai to attend the opening reception of the film festival as well as post-screening sharing sessions to interact with local film enthusiasts. Veteran film critic Patrick Suen also shared valuable insights into the featured films.

Speaking at the opening reception to over 100 guests, the Deputy Director of the Dubai ETO, Mr Leo Poon, highlighted the unique charm of Hong Kong cinema, as well as the measures of the Hong Kong Special Administrative Region Government in supporting the cultural and creative industries.

“The Government is committed to promoting the development of cultural and creative sectors. A total of over $1.3 billion has been approved by the Film Development Fund to support more than 120 film projects which have won more than 180 awards, a testament to our film industry’s excellence. This January, the Government also launched the Film Production Financing Scheme 2.0, with the goal of continuing to provide subsidies and incentives to film productions with budgets of up to $25 million, thereby boosting the sector’s long-term growth. With these efforts, we look forward to bringing more of the best from Hong Kong’s creative industry to this region,” said Mr Poon.

The Dubai ETO will continue to collaborate with partners in the region to promote Hong Kong’s creative and cultural industries through its regular offerings as well as novel events.
Issued at HKT 7:00

NNNN

CategoriesMIL-OSI

MIL OSI Asia Pacific News –

March 31, 2025
MIL-OSI: Parker Blackwood Advisers Forecasts Economic Headwinds and Opportunities in Pre-Election Australia

Source: GlobeNewswire (MIL-OSI)

PERTH, Australia, March 31, 2025 (GLOBE NEWSWIRE) — As the Reserve Bank of Australia (RBA) prepares to announce its monetary policy decision on Tuesday, April 1, 2025, Parker Blackwood Advisers provides its latest insights into an evolving economic landscape defined by cautious optimism, global headwinds, and a looming federal election.

Following the RBA’s surprise February rate cut—lowering the cash rate from 4.35% to 4.10%—most major banks now anticipate the central bank will pause further easing during the April meeting. The cash rate remains at 4.10%, and while expectations for future reductions vary, there is broad consensus that the next cut is more likely to occur mid-year, with estimates ranging from May (Commonwealth Bank) to August (ANZ). Westpac and NAB also expect multiple cuts before year’s end, bringing the rate closer to 3.35%.

While inflation has moderated, last recorded at 2.4%—well within the RBA’s target band of 2–3%—uncertainty remains high. Parker Blackwood Advisers analysts caution that monetary easing alone is not a panacea. The upcoming May 3 federal election introduces fiscal unpredictability, while global developments—including the possibility of renewed U.S. tariffs—could exert upward pressure on prices and delay the disinflation trend.

“Markets have welcomed the February rate cut, but future moves will be heavily data-dependent,” said Daniel Lewis, Account Executive at Parker Blackwood Advisers. “We don’t expect an aggressive cutting cycle. The RBA is aware of the risks of acting too quickly and reigniting inflation.”

The firm’s research team emphasizes that Australia’s economic fortunes remain closely tied to international trade flows. Any disruption—such as shifting trade policies under a potential second Trump presidency—could complicate domestic monetary policy and affect investor confidence.

Parker Blackwood Advisers also continues to spotlight Australia’s sluggish productivity growth as a critical structural challenge. Without sustained improvements in output per worker, meaningful wage growth and long-term economic expansion will remain elusive.

“We view productivity as central to the recovery narrative,” added Rupert Wade, Account Executive. “If interest rates are to fall sustainably, we must match monetary policy with real reforms—particularly in innovation, infrastructure, and education.”

While many households hope for further rate relief, Parker Blackwood Advisers underscores that any easing will likely be gradual, with decisions spaced across the RBA’s remaining six meetings this year. Governor Michele Bullock has reiterated that policy moves will be measured to avoid reigniting inflationary pressures.

In this transitional environment, Parker Blackwood Advisers wealth management team continues to support clients in repositioning portfolios. With interest rate trajectories uncertain and traditional investment avenues offering limited real returns, demand for fixed income and private market opportunities is growing.

“Investors are moving away from a passive, wait-and-see approach,” observed David Reid, Account Executive. “We’re seeing strong interest in defensive yield strategies that balance stability with attractive returns.”

Everyday investors across Australia are increasingly seeking alternatives to term deposits and property—especially in the face of rate volatility and global unpredictability. At Parker Blackwood Advisers, our approach is clear: we offer tailored investment strategies designed to reflect your risk profile, financial goals, and long-term vision.

Whether you’re focused on capital preservation, steady income, or exposure to non-traditional markets, our experienced advisers can help build a resilient financial plan—regardless of where rates move next.

About Parker Blackwood Advisers
Founded in 2013, Parker Blackwood Advisers is a premier financial services provider based in Perth, Australia. With a focus on personalised investment strategies, the firm offers a broad range of wealth management solutions, including asset allocation, investment management, and financial planning. Managing over $4.7 billion in assets, Parker Blackwood Advisers is dedicated to helping clients achieve their financial goals through tailored, expert guidance.

Disclaimer
Parker Blackwood Advisers is a trading name of Parker Blackwood Advisers Corporation Pty Ltd (ABN: 98 162 183 244), holder of AFSL 434-071. Investing carries risks, including potential loss of capital. Information provided is general and not financial advice. Past performance is not a guarantee of future results.

Mr. Paul Allen
Head of Marketing
paul.allen@parker-blackwood-advisers.com
1300 040 221
08 6275 0960
Exchange Tower,
Level 17/2 The Esplanade
Perth WA, 6000

Source: Parker Blackwood Advisers

The MIL Network –

March 31, 2025
MIL-OSI New Zealand: Release: Three more years for Interislander ferries

Source: New Zealand Labour Party

Winston Peters is shopping for smaller ferries after Nicola Willis torpedoed the original deal, which would have delivered new rail enabled ferries next year.

“Instead of scoring two ferries for $551 million, Winston Peters has informed us he will progress with two smaller ferries but has no contract, or costs,” Labour transport spokesperson Tangi Utikere said.

“Ultimately this deal will include the ongoing costs associated with the cancellation of iRex, which continue to rise. Additional costs of $1.16 billion could have been avoided if Nicola Willis hadn’t botched the deal – including cancellation of the original deal and ongoing maintenance of the current ferries.

“Due in 2029, all we know is that the ferries are smaller than those Winston Peters was involved with negotiating in the first place. That must have been a hard pill to swallow for the Minister for Rail.

“Now we are shopping for smaller ferries, and a whole lot of cash has been sunk at the bottom of the Cook Strait. That’s all down to the Minister of Finance.

“All Winston Peters has announced today is that New Zealanders will be waiting another three years for ferries and still have no idea how much they’re going to cost.

“The ships still aren’t sailing but the money sure is. Nicola Willis has the opposite of the Midas touch,” Tangi Utikere said.

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MIL OSI New Zealand News –

March 31, 2025
MIL-OSI New Zealand: Rail-enabled ferries a victory for common sense

Source: Maritime Union of New Zealand

The Maritime Union has welcomed today’s announcement from Minister of Rail Winston Peters the two new Cook Strait ferries will be publicly owned and rail enabled, meaning that they can carry rail wagons.

Maritime Union of New Zealand National Secretary Carl Findlay says the union had strongly argued for this outcome to the Minister, and the decision was a victory for common sense.

He says rail-enabled ferries ensure the long-term viability of both the national rail network and the Cook Strait ferry connection.

Mr Findlay says the developments around reduced expenditure on the new terminals and port infrastructure will be closely watched by the Union

He says today’s announcement was probably the best that could be expected in the circumstances given the cancellation of iRex by Finance Minister Nicola Willis.

Mr Findlay congratulated the membership of the Maritime Union including the crews of the Interislander ferries for their strong support for the Union campaign Our Ferries, Our Future.

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MIL OSI New Zealand News –

March 31, 2025
MIL-OSI New Zealand: Gambling and Health – Māori Communities Exploited by Gambling Companies Hiding Behind Influencers
Source: Hapai Te Hauora
Online casinos are illegally targeting Māori through influencer content – and Hāpai Te Hauora is backing the DIA’s crackdown as a crucial first step in protecting our communities.

Recent reports have revealed a surge in Māori influencers being used to promote online casinos – a tactic that directly exploits Māori communities already disproportionately impacted by gambling harm.

“These gambling companies are knowingly using Māori influencers to reach Māori audiences. It’s not just harmful – it’s calculated, it’s manipulative, and it shows they have no regard for the wellbeing of our whānau,” says Jason Alexander, Hāpai Te Hauora Chief Operating Officer.

Māori make up just 17% of the population, but account for over 30% of gambling harm. These companies know that – and they’re not just ignoring it, they’re exploiting it.

“What’s really worrying is that these same companies – the ones illegally targeting our people now – could be operating legally here as early as next year,” Alexander says. “Their current behaviour shows exactly how little they care about whānau. If this is how they act before regulation, what will they do once they’re in the system?”

“This isn’t just about breaking the law – it’s about protecting our whānau. Gambling harm is already ripping through our communities. We can’t let social media become another weapon in that fight.”

Hāpai Te Hauora is calling for:
A complete ban on gambling advertising in Aotearoa – including influencer marketing
Education for influencers on the harm these promotions can cause, and accountability for those who continue to participate
Investment in Māori-led, whānau-first solutions to reduce gambling harm.
MIL OSI New Zealand News –
March 31, 2025
MIL-OSI Australia: $name
Source:
We’re seeing mistakes by agents when clients have sold capital gains tax assets such as property.

Foreign resident capital gains withholding

Let your clients know that having a Foreign resident capital gains withholding (FRCGW) clearance certificate doesn’t mean they don’t have any further CGT obligations. If they’ve sold property, they still need to include capital gains, losses or an exemption or rollover code in their tax return.

If an amount of FRCGW was withheld from the property sale:
- your clients need to advise you and provide the FRCGW payment confirmation from the purchaser
- for the withheld amount to be credited in their return, include it in the CGT section at ‘Foreign resident capital gains withholding’ (Label 18 X).
Don’t report the Foreign income tax offset (FITO) at the FRCGW question. Report it at Foreign source income (Label 20 O).

Main residence exemption and rollovers

For property sales resulting in a CGT obligation, as well as including any capital gain or loss, remember to report the main residence exemption if your clients are eligible.

If your client is:
- eligible for a main residence exemption due to the 6-year rule and is electing to use it for a full or partial exemption, select the main residence exemption code at the exemption and rollovers question in the CGT section
- eligible for a partial exemption due to their home being on more than 2 hectares of land, select the main residence exemption code in the exemptions and rollover question
- a foreign resident, they must meet the life events test to be eligible for the main residence exemption, otherwise they’re not eligible.
For more scenarios around main residence exemption, refer to the Capital gains tax and main residence exemption fact sheet in the Investors toolkit.

Tips

Remember to:
- check the pre-fill information available in online services for agents (OSFA) reports for disposals of capital gains assets, including property, shares and crypto
- have a conversation with your clients; even if there’s no pre-fill information, ask if they have disposed of any CGT assets, in particular investment properties.
For help completing CGT in your clients’ tax returns, see CGT 2024 – Instructions for completing tax returns.
MIL OSI News –
March 31, 2025
MIL-OSI China: China to issue 500-billion-yuan special treasury bonds to support state-owned banks

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

China to issue 500-billion-yuan special treasury bonds to support state-owned banks

BEIJING, March 31 — China will issue 500 billion yuan (about 69.7 billion U.S. dollars) of special treasury bonds to support large state-owned commercial banks in replenishing their core tier-one capital, the Ministry of Finance said Monday.

MIL OSI China News –

March 31, 2025
MIL-OSI China: China to issue 500B yuan special treasury bonds to support state-owned banks

Source: China State Council Information Office

China will issue 500 billion yuan (about 69.7 billion U.S. dollars) of special treasury bonds to support large state-owned commercial banks in replenishing their core tier-one capital, the Ministry of Finance said Monday.

MIL OSI China News –

March 31, 2025
MIL-OSI China: 4 major Chinese state banks to raise 520B yuan via A-share issuance

Source: China State Council Information Office

China’s four major state-owned commercial banks on Sunday announced plans to raise a combined 520 billion yuan (about 72.5 billion U.S. dollars) through the issuance of A-shares targeting specific investors.

The four commercial banks — Bank of China, China Construction Bank, Bank of Communications, and Postal Savings Bank of China — published their plans through the Shanghai Stock Exchange.

According to their plans, Bank of China aims to raise no more than 165 billion yuan, China Construction Bank no more than 105 billion yuan, Bank of Communications no more than 120 billion yuan, and Postal Savings Bank of China no more than 130 billion yuan.

All four banks have said that the raised funds, after deducting issuance-related costs, will be used to replenish their respective core tier-1 capital.

China’s Ministry of Finance (MOF) will participate in the fundraising efforts of all four banks, with a combined intended subscription of up to 500 billion yuan.

According to this year’s government work report, China will issue 500 billion yuan of special treasury bonds to support the capital replenishment of major state-owned commercial banks.

The four banks said that capital replenishment from the MOF is a crucial move from the government to support their stable operations and development.

Industry analysts said that the capital replenishment is a proactive measure that will strengthen the banks’ capital foundations and optimize their capital structures.

This move will enhance their operational resilience and risk management capabilities, enabling them to better serve the real economy and stabilize the financial system, according to analysts.

MIL OSI China News –

March 31, 2025
MIL-OSI China: Foreign business leaders reaffirm China as oasis of certainty

Source: China State Council Information Office

Participants attend the China Development Forum 2025 in Beijing, capital of China, March 23, 2025. [Photo/Xinhua]

In a world haunted by growing protectionism, China has continuously expanded opening up, injecting stability into the global economy, and has become an oasis of certainty and a hot spot for investment and entrepreneurship.

This is the belief shared by more than 40 representatives of the international business community who met in Beijing on Friday with Chinese President Xi Jinping.

From the China Development Forum 2025 in Beijing to the Boao Forum for Asia Annual Conference 2025 in south China’s Hainan Province, foreign executives have reaffirmed their commitment to China as a key market for investment and collaboration. They noted China’s complete industrial system, rich application scenarios, vast market scale and large talent pool, which combine to offer extensive collaboration opportunities for international industrial and technological innovation.

Investing in China, investing in future

China’s reform and opening up continue to draw global attention. Riding the wave created by China’s high-level opening-up endeavors, foreign companies are leveraging the advantages of the world’s second-largest economy and participating in its innovation pursuit, aiming at win-win cooperation.

“We have been very proud to play a role in China’s development, enabling and connecting China to the world,” said Sean Stein, president of the U.S.-China Business Council, adding that China has grown into the world’s second-largest consumer market, presenting vast opportunities for multinational operators to invest and expand their businesses.

Foreign business operations and investments in China have driven economic growth and employment, boosted technological and managerial progress, and facilitated reform and opening up. In this process, foreign businesses have thrived and generally enjoyed handsome returns, achieved win-win results, and forged profound friendship with the Chinese people.

In 2024, a total of 59,080 new foreign-invested enterprises were established in China, up 9.9 percent year on year. Over the past five years, the return rate of foreign direct investment in the country has remained at approximately 9 percent, ranking among the highest in the world.

“We invest in infrastructure that supports domestic consumption. A prosperous Chinese consumer is good for our business,” said Hamid R. Moghadam, chairman and CEO of Prologis.

“We are more than 30 years now in China, and we have several production hubs. For us, it’s a very large market. China also is a very attractive market with a lot of opportunities today, in the past, but also in the future — and that’s why we’re here,” said Christian Hartel, president & CEO of Wacker Chemie AG.

“So we keep investing, and we have very great people here on the ground in China, who are very innovative. We develop and produce products for the Chinese market, and also feel very positive for the outlook in the future,” he added.

Merchants visit the “Invest in China” area of the 24th China International Fair for Investment and Trade in Xiamen, southeast China’s Fujian Province, Sept. 8, 2024. [Photo/Xinhua]

All eyes on new quality productive forces

Foreign investment plays a significant role in fostering new quality productive forces, and China supports the participation of foreign enterprises in its new industrialization, with a focus on high-tech fields, according to an action plan to stabilize foreign investment in 2025, which was approved by a State Council executive meeting in February.

The nation’s emphasis on innovation as a driver for high-quality growth resonated strongly with the foreign business representatives.

They said that from “Made in China” to “new quality productive forces,” China has empowered industrial transformation and upgrading through innovation, and is set to realize higher-quality and more sustainable development. These foreign business representatives have reached the consensus that the outlook of the Chinese economy is strong.

“Today there are multiple signs of investment on optimism,” said Jean-Pascal Tricoire, chairman of Schneider Electric, adding that China’s promotion of green development aligns with Schneider’s goal of pursuing sustainability, instilling confidence in enterprises to advance investment, research and development in China.

This photo taken on Nov. 9, 2024 shows the booth of Schneider Electric during the 7th China International Import Expo in east China’s Shanghai. [Photo/Xinhua]

“We remain committed to the country, not only as a market, but as a strategic hub for innovation, investment and collaboration,” said Geoff Martha, chairman and CEO of Medtronic. He emphasized the company’s commitment to innovation collaboration in China and expressed the hope of jointly promoting the innovative development of global healthcare via continued investments in China.

Beijing Benz, the joint venture between Beijing Automotive Group Co., Ltd. and Mercedes-Benz, in March 2024 marked the milestone of producing its 5 millionth vehicle. Later, in September 2024, Mercedes-Benz and its Chinese partners announced an additional 14 billion yuan (about 1.92 billion U.S. dollars) investment to expand their product offerings in the region.

Ola Kallenius, chairman of the board of management of Mercedes-Benz Group AG, also praised China’s innovation-driven market. “China’s competitive advantage lies in its passion for innovation,” he said. “That is why Mercedes-Benz continues to deepen its presence in China.”

A Mercedes-Benz G-Class electric off-road vehicle is pictured during an unveiling ceremony at the 2024 Beijing International Automotive Exhibition in Beijing, capital of China, April 25, 2024. [Photo/Xinhua]

Open collaboration for shared future

Against the backdrop of rising unilateralism and protectionism in the world economy, China has vowed to expand high-standard opening up, while keeping foreign trade and foreign investment stable.

China is an oasis of certainty, according to Aramco President and CEO Amin H. Nasser. “What we see today in the global environment is uncertainty. We are seeing unpredictability, and we need China’s stability, certainty and predictability that we are seeing,” Nasser explained.

“I think for us exactly in these times of uncertainties, having the commitment from President Xi and from the Chinese government in general to show consistency in their approach, to continue with their focus on multilateralism, on providing a level playing field, and on opening up… these are very powerful messages of stability in a world that really needs stability at this time,” said Vincent Clerc, CEO of A.P. Moller-Maersk.

“We have been in China for a little bit more than 60 years, and we are now planning for our next 60 years, for Inter IKEA here in China. We are very confident in China, and in how China and IKEA can grow together,” said Jon Abrahamsson Ring, CEO of Inter IKEA Group.

MIL OSI China News –

March 31, 2025
MIL-OSI China: Four major Chinese state banks to raise 520 bln yuan via A-share issuance

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

BEIJING, March 30 — China’s four major state-owned commercial banks on Sunday announced plans to raise a combined 520 billion yuan (about 72.5 billion U.S. dollars) through the issuance of A-shares targeting specific investors.

The four commercial banks — Bank of China, China Construction Bank, Bank of Communications, and Postal Savings Bank of China — published their plans through the Shanghai Stock Exchange.

According to their plans, Bank of China aims to raise no more than 165 billion yuan, China Construction Bank no more than 105 billion yuan, Bank of Communications no more than 120 billion yuan, and Postal Savings Bank of China no more than 130 billion yuan.

All four banks have said that the raised funds, after deducting issuance-related costs, will be used to replenish their respective core tier-1 capital.

China’s Ministry of Finance (MOF) will participate in the fundraising efforts of all four banks, with a combined intended subscription of up to 500 billion yuan.

According to this year’s government work report, China will issue 500 billion yuan of special treasury bonds to support the capital replenishment of major state-owned commercial banks.

The four banks said that capital replenishment from the MOF is a crucial move from the government to support their stable operations and development.

Industry analysts said that the capital replenishment is a proactive measure that will strengthen the banks’ capital foundations and optimize their capital structures.

This move will enhance their operational resilience and risk management capabilities, enabling them to better serve the real economy and stabilize the financial system, according to analysts.

MIL OSI China News –

March 31, 2025
MIL-OSI United Kingdom: Government to build over 1,000 flood schemes across the country
Source: United Kingdom – Executive Government & Departments

Press release

Government to build over 1,000 flood schemes across the country

Schemes supported as part of record £2.65 billion two-year investment to protect communities from flooding
Flood defences on the River Severn

Over 1,000 flood schemes will be built or repaired to protect thousands of homes and businesses from the dangers of flooding, the Government and Environment Agency have announced.

Investing a record £2.65 billion over two years towards the construction of new flood schemes and the repair and maintenance of existing ones, the government has published today the full list of projects supported over the next year.

During the two-year investment, 1,000 flood schemes have been or will continue to be supported. This year around £430 million is going towards their construction, while a further £220 million will be used to reinstate flood defences to their full standard of service and original design life to help protect communities. Further funding has been earmarked for repairing existing flood assets utilised in flood events, such as pumps, as well as important activity to warn and inform the public of flooding risks.

As the frequency of extreme weather events continues to increase due to climate change, there are more and more devastating impacts for communities across the country, costing the UK economy billions each year.

This investment is part of the Government’s Plan for Change, delivering security for working people and renewal for our country. It will boost economic growth in local communities, by protecting businesses, delivering new jobs, and supporting a stable economy in the face of the increasing risk of flooding as a result of climate change.

Floods Minister Emma Hardy said:

The role of Government is to protect its citizens. However, we inherited flood defences in their worst condition on record.

Through our Plan for Change, this government will deliver a decade of national renewal and economic growth. As part of that we are investing a record £2.65 billion to build and repair over 1,000 flood defences across the country.

Flagship schemes to receive funding this year include:

Derby Flood Risk Management Scheme in Derbyshire, which will receive £34.6 million and protect 673 homes.

North Portsea Island Coastal Flood and Erosion Risk Management Scheme in Hampshire, which will receive £13.8 million and protect 1,081 homes.

Preston and South Ribble Flood Risk Management Scheme in Lancashire, which will receive £10.4 million and protect 1,537 homes.

Poole Bridge to Hunger Hill Flood Defences in Dorset, which will receive £12.2 million and protect 135 homes.

Benacre and Kessingland Flood Risk Management Scheme in Suffolk, which will receive £10.1 million and protect 86 homes.

Brighouse Flood Alleviation Scheme in Yorkshire, which will receive £5 million and protect 414 homes.

Caroline Douglass, Executive Director for Flood and Coastal Risk Management for the Environment Agency, said:

Protecting communities in England from the devastating impact of flooding is our priority and this is more important than ever as climate change brings more extreme weather to the nation.

The delivery of these schemes will be welcome news for homeowners and businesses, who have experienced flooding in the past and may face more extreme weather as our climate continues to change.

Our focus is now on working with local councils and Regional Flood and Coastal Committees to deliver these schemes on time, ensuring as many properties as possible are protected.

The Government has prioritised £140 million to ensure that 29 schemes, which are in progress but struggling with cost pressures, can be delivered without further delays, protecting nearby communities as soon as possible. The list of supported schemes has also been confirmed by the Environment Agency and includes flood defences in Great Yarmouth and the Alverstoke Flood and Coastal Erosion Risk Management Scheme on the south coast.

Notes to editors:

The attached list covers projects receiving funding in 2025/6.

Schemes proceeding in 2026/7 and beyond will be subject to the routine RFCC consenting process and decisions at SR25.

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Updates to this page

Published 31 March 2025
MIL OSI United Kingdom –
March 31, 2025
MIL-OSI Australia: Cooee Point Reserve incident

Source: New South Wales Community and Justice

Cooee Point Reserve incident

Sunday, 30 March 2025 – 9:48 am.

A pedestrian has been flown to Melbourne in a critical condition following an incident at Cooee Point Reserve overnight.
Police and emergency services were called to Cooee Road about midnight after reports a pedestrian had been struck by a vehicle.
The pedestrian was taken to the Northwest Regional Hospital with serious injuries before being airlifted to Melbourne in a critical condition.
The driver of the vehicle – a 17-year-old-boy- presented to the Burnie Police Station a short time after the incident and was assisting police with their inquiries.
Investigations into the circumstances leading up to the crash are ongoing.
Anyone with information should contact police on 131 444 or Crime Stoppers anonymously on 1800 333 000or online at crimestopperstas.com.au

MIL OSI News –

March 31, 2025
MIL-OSI Australia: Fatal crash, Orford

Source: New South Wales Community and Justice

Fatal crash, Orford

Sunday, 30 March 2025 – 6:00 pm.

Sadly, a man in his 60s has died after a single-vehicle crash at Orford today.
Police and emergency services were called to the scene on the Tasman Highway just before 12.45pm Sunday after reports a camper had left the road, and crashed into a tree.
The driver and sole occupant of the vehicle sadly died at the scene.
At this stage it is believed the man suffered a medical episode.
Investigations into the crash are ongoing and a report will be prepared for the Coroner.
Our thoughts are with the man’s family and loved ones at this difficult time.

MIL OSI News –

March 31, 2025
MIL-OSI New Zealand: Health Reforms – PSA litigation stops health restructure of three directorates

Source: PSA

The PSA has agreed with Health NZ Te Whatu Ora that the planned restructure of three directorates will stop and that the litigation relating to these restructures is withdrawn.

The restructuring of the National Public Health Service and two directorates in the Planning Funding and Outcomes business unit – Data and Analytics and Community Mental Health Funding and Investment – will stop.

“We are pleased these damaging restructures have been stopped as a result of the PSA litigation, but we have still lost critical expertise in these teams through the failure to fill vacancies and because people took early exits when the proposals came out,” said Fleur Fitzsimons, National Secretary for the Public Service Association for Te Pūkenga Here Tikanga Mahi.

“We have won this fight, but the damage has already been done to our health system. We will keep resisting and opposing this Government’s attacks on public health.”

The PSA filed legal proceedings last month with the Employment Relations Authority because the proposed restructures breached the Code of Good Faith for the public health sector, the Employment Relations Act 2000, collective agreements and Te Mauri o Rongo – NZ Health Charter.

“The settlement means the proposed restructures are withdrawn and the current structures remain in place. Staff who are still employed and have agreed early exits can withdraw from that agreement if they choose to.

“We remain steadfast in our opposition to the damaging cuts that have happened and remain underway and the steps the Government is taking to privatise our public health system.”

Litigation covering the Data and Digital and Pacific Health directorates is still filed in the Employment Relations Authority at this stage with a full hearing timed for 22 and 23 April in Wellington and further litigation on other change processes will be heard after that.

MIL OSI New Zealand News –

March 31, 2025
MIL-OSI New Zealand: Economy – RBNZ outlines work to support competition
Source: Reserve Bank of New Zealand

31 March 2025 – Today the Reserve Bank of New Zealand, Te Pūtea Matua appeared before the Finance and Expenditure Committee (FEC) for their banking inquiry and discussed the wide range of initiatives underway to support and improve competition in the banking sector.

Chair Neil Quigley, Acting Governor Christian Hawkesby, Director Prudential Policy Jess Rowe, and Financial Stability Adviser Charles Lilly appeared before the committee.

The RBNZ’s statutory purpose is to promote prosperity and wellbeing for all New Zealanders. This is achieved through its three core objectives: price stability, financial stability and central banking, which includes managing monetary policy, overseeing payment systems and ensuring access to cash. Competition is important across all these objectives.

“We have never had more focus on competition across our functions, including addressing the recommendations of the Commerce Commission’s market study,” Mr Hawkesby said.

Key initiatives likely to support competition include developing proportionate prudential standards, launching the depositor compensation scheme, expanding access to the payments system, investigating a digital currency and working with CoFR partners on system-wide issues such as a payments vision for New Zealand.

“Advancing competition and innovation in the financial sector is a team effort across government agencies, regulators and the industry itself,” Mr Hawkesby said.

The RBNZ’s submission to the FEC outlines that the greatest gains to be made are through advancing open banking, customer data rights, digital identity, and the retail payments infrastructure to deliver an eco-system where competition can flourish.

“Through our consultation on the new Deposit Takers Act and submissions to the FEC, we have heard the claims that our bank capital regime is unreasonably conservative, and that it is undermining competition and growth in the New Zealand economy. We think that some of those claims are incorrect, but most of the claims can be tested empirically and we consider that it is important that we respond by undertaking this assessment,” Professor Quigley said.

“The Reserve Bank Board has agreed to an evidence-based review of key aspects of our deposit takers capital settings, utilising international experts and assessing it against the regimes in other countries,” Professor Quigley said.

The full opening statements from Mr Hawkesby and Professor Quigley can be read below.

What is capital?
Capital is the buffer that allows a bank to absorb losses while still being able to pay its depositors and other creditors in full

What will the review cover?
The Reserve Bank intends to conduct a reassessment of key capital settings. We intend to engage independent international experts to support this process.
The review will build on work currently underway to review more granular risk weights for residential mortgages and corporate (including rural) lending, community housing and whenua Māori lending, as well as development of a new crisis management framework. The review will expand the work programme to include consideration of additional evidence and the calibration of other foundational aspects of the regime including:
- Reviewing submissions or statements made at the FEC banking enquiry regarding our prudential capital framework
- An assessment of how our capital settings compare internationally
- A reassessment of the appropriate risk appetite for capital settings in New Zealand
- Reviewing the degree of proportionality in the framework and considering changes
- Considering the balance between going concern and gone concern capital and the role of ‘Additional Tier 1’ capital.
What does this mean for the planned increase in capital requirements on 1 July?
- Following a review over 2017-2019, the Reserve Bank announced higher capital requirements, a long transition period to 2028. For Domestic Systemically Important Banks (D-SIBs), total requirements are scheduled to go from 10.5% to 18%. Current requirements are 13.5%.
- Requirements for smaller banks are scheduled to go from 10.5% to 16%, and current requirements are 11.5%.
- There is a scheduled increase in capital requirements on 1 July 2025 of a 1% of risk weighted assets increase in the Prudential Capital Buffer (PCB) for all banks.
- Banks are well advanced in their plans to meet the new requirements. On average, banks’ total capital levels are currently above 16%.
- Accordingly, we intend to proceed with the 1 July increase, taking total requirements for D-SIBs to 14.5% and other banks to 12.5%.
- The review will be conducted promptly to allow for any changes to be well signalled ahead of next year’s scheduled increase and to minimise the impact on the implementation of the Deposit Takers Act.
More information

Opening remarks to Finance and Expenditure Committee : https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=af07ace568&e=f3c68946f8

MIL OSI New Zealand News –
March 31, 2025
MIL-OSI Australia: Staff who are volunteers too

Source:

Lukasz Lipnicki

Whether they become staff members first then join a brigade, or vice versa, these dedicated CFA members live and breathe CFA – and love it.

Lukasz Lipnicki, South East Region
With CFA volunteers at the heart of what he does as both a ﬁreﬁghter and staff member, Lukasz Lipnicki well and truly embodies the spirit of CFA and community service.

Working as a regional brigade administrative support officer for the past ﬁve years, Lukasz coordinates volunteer sustainability projects in the region, such as the District 9 and District 27 Women’s Network, Women’s Challenge Camp, and Diversity and Inclusion Working Group.

On the other side of the hose, Lukasz reﬂects fondly on his near four years as a Cockatoo Fire Brigade member, particularly enjoying the regular contact he gets with volunteers as it reminds him of why they do the work they do.

“Overall, being a CFA volunteer is fun. I enjoy the camaraderie of the brigade, the nature of the work, the callouts and more broadly being a part of our organisation for our community,” Lukasz said.

“I’m currently the brigade’s health and safety officer. My job has helped me understand the dynamics and the nuances of how CFA systems and processes work.

“Every day I travel across the south-east interacting with members in Districts 9, 10 or 27, even as far out as 11. Having the language and understanding of what ﬁreﬁghters face on the ground is invaluable.

“Having completed the General Fireﬁghter course and attended incidents, working alongside other emergency services and being deployed to major ﬁres has allowed for relatable conversations and the opportunity to build rapport.”

Lukasz said whether they are rolling out region-wide strategies, delivering supplies, or considering where to park when visiting stations, they are mindful of making each other’s lives a little easier.

“Our staff and volunteers lead busy lives and give CFA so much while asking for so little,” Lukasz said. “I think it’s important that, wherever we can, we all consider how best to support each other in the decisions we make.”

Given Lukasz’s nature to assist in times of need, when Cockatoo was hit by a severe storm in February 2024, he was able to lend a hand to his brigade members behind the scenes.

“I decided to head to IGA to grab a few roast chooks, bread rolls, and a slab of soft drink for when they came back to refuel and swap crews,” Lukasz said. “Pulling up to a hot meal and something to drink brought a lot of smiles out.”

Tegan Kearney, South West Region
Tegan Kearney can be found tackling spreadsheets and helping managers and executives manage their budgets in her day job at CFA as the Senior Finance Business Partner in the Financial Planning and Analysis Team. But her work with CFA extends beyond the dollars and cents.

As a volunteer for Grovedale Fire Brigade in Geelong, Tegan doesn’t hesitate to roll up her sleeves and help her local community.

After getting a job at CFA in 2019 shortly before the Black Summer ﬁres, Tegan said she was overwhelmed with the camaraderie she saw in CFA, even from people working from a desk.

“It was like nothing I had ever experienced in my career before, having come from a banking background,” Tegan said. “Everyone was focused on the ﬁres no matter what their role. They put aside their usual tasks and turned their attention to how they could help.

“Whether it was working in an incident management team in a finance or logistics capacity, backfilling someone else with specific skills so they could be freed up to help, driving people or resources to where they need to be, everyone just did what they could.”

Seeing how well everyone worked together towards a common goal encouraged Tegan to think about how she could contribute even more and that led her to knock on the door of Grovedale Fire Brigade.

Being a volunteer in the same location as your work is a unique experience, but Tegan said it is one she loves.

“My roles are completely different but they both ultimately work towards the same outcome of supporting CFA to protect lives and property,” Tegan said.

Tegan is grateful CFA encourages her passion for volunteering as well as working.

“My work colleagues are really good and understanding of my role as a volunteer. They support me to attend callouts or deployments wherever possible.”

Tegan said she loved CFA and felt lucky to be able to work and volunteer with such an organisation.

“CFA is an organisation you can be proud to be a part of, whether you are working at HQ, supporting the brigades on the ground or jumping on a truck,” Tegan said. “It’s all important work and it’s a good feeling knowing you are contributing to that.”

Will Hodgson, West Region
In 1991, 14-year-old Will Hodgson boarded a bus home from Fiskville after a CFA training session, unaware that over the next 34 years the organisation would become a central part of his life.

What began as a way to help his community following the Warrandyte bushﬁres that year has grown into a lifelong commitment to ﬁre and emergency services.

“During the ﬁres in ’91, I remember feeling helpless watching the helicopters and ﬁre trucks as smoke ﬁlled the air. I made a phone call to North Warrandyte brigade and haven’t looked back since,” Will recalled.

“I’ve been turning out since I was 14 years of age – the rules were a bit different back then.”

Will’s volunteer CFA journey has been marked by steady progression.

“I spent more than 16 years at North Warrandyte, then transferred to Christmas Hills and then onto Warrandyte, moving through the officer ranks in all three brigades.”

His professional career with CFA began in 2008 as a pad operator at Bangholme training ground working on volunteer and promotional courses. Over the years, he has taken on numerous roles, including working on the Road Crash Rescue Support Project.

Today, Will is the captain of Warrandyte brigade and a full-time employee with Fire Rescue Victoria seconded to CFA as the pad supervisor at Central Highlands training ground in Ballan.

“Balancing the dual roles has its challenges, but ultimately it’s been rewarding,” he said. “The bonus of playing in both worlds is gaining a holistic understanding of what the organisation is trying to achieve. I’ve also become a bit of a conduit for other volunteers looking for guidance.”

Will has been deployed to some of Victoria’s most signiﬁcant incidents and travelled interstate.

Reﬂecting on his journey, Will said, “I didn’t think this would be a career path, but CFA showed me you can learn new skills and be given opportunities. I was lucky enough to turn a hobby into a career and a passion.

“I’d never have dreamed that the 14-year-old on a bus to Fiskville would one day be responsible for a CFA training facility. Set yourself a dream; you never know what’s possible.”

Tanya Lumley, North East Region
Seeing her dad volunteering with CFA during the Ash Wednesday ﬁres started a long-lasting love of CFA within Tanya. She is a member of Strathbogie brigade and works in the Volunteer Sustainability Team (VST).

Originally a volunteer with Boneo brigade, Tanya recently transferred to Strathbogie brigade, where she said she is incredibly lucky to have an amazing mentor.

“I was sad to leave an awesome brigade, and joining a new brigade felt a little like starting again,” Tanya said. “But seeing my new team in action on the ﬁreground and how willing they were to share their skills and knowledge, made me happy about my new brigade home.”

Tanya said she loved both her VST role and being a volunteer at CFA and she was lucky the roles complemented each other.

“Although I’m only new to the role in VST, I can see that it allows for a great understanding of the diverse experiences and needs of brigades and volunteers,” she said.

“On the other hand, learning from the experienced and skilled members of my brigade equips me with valuable knowledge that I can take to my day job. Working on projects that help to empower brigades, having experienced what it’s like in a brigade, is incredibly rewarding. It’s a bit of a symbiotic experience.”

Tanya has a strong connection to the community and she’s happy that CFA embodies this value and gives her a place where she can uphold it in both her personal and professional life.

“Being a member of a CFA brigade embodies community for me – a bunch of people working together to do good. At my brigade and office I’m surrounded by dedicated people who are passionate about making a difference. That’s such a wonderful place to be.”

Tanya said balancing work and volunteering for her is no different from all the other volunteers who give up their time.

“Just like all members who have a job and volunteer for CFA, we do what we can and what we have time for. We all have families and hobbies and interests outside of these roles and they’re just as valuable and important,” she said.

Despite being a new staff member, Tanya said she was already feeling good about taking her passion for CFA and making it her day job, and she’s pleased to be working with fantastic people.

Submitted by News and Media

MIL OSI News –

March 31, 2025
MIL-OSI Australia: RBA and ASIC Act on Deep Concerns with ASX

Source: Airservices Australia

The Reserve Bank of Australia (RBA) and the Australian Securities and Investments Commission (ASIC) (the regulators) have taken further steps to address their increasing concern over the management of operational risk at ASX, following the CHESS batch settlement failure incident that occurred on 20 December 2024.

In a joint letter to ASX, the regulators expressed their deep concerns about the potential for operational incidents, such as the CHESS batch settlement failure, to affect the ability of the CHESS system to reliably service the Australian equities market until CHESS is replaced. The regulators also highlighted their concern about the speed and nature of ASX’s remediation actions following the initial incident.

In response, the RBA has taken the unprecedented step of reassessing the compliance of ASX Clear Pty Limited and ASX Settlement Pty Ltd with the RBA’s Financial Stability Standards outside the usual annual assessment cycle. The RBA has downgraded its assessment of these entities’ compliance with the “Operational Risk” standard from partly observed to not observed. A rating of not observed is made when the RBA has identified serious issues of concern that warrant immediate action.

In addition, ASIC has directed ASX, under section 823BB(4) of the Corporations Act 2001, to engage an expert approved by ASIC to undertake a technical review of CHESS. This review and any remediation will provide greater confidence to regulators, and the public, in the stability and operational resilience of the current CHESS platform.

RBA Governor Michele Bullock said, ‘It is deeply disappointing that the regulators need to take these actions today. But they are necessary. ASX operates critical infrastructure that plays a central role in the financial system. ASX’s management of operational risk has been a concern for RBA staff and the Payments System Board for some time, and the recent CHESS incident has underscored those concerns. The underlying issues that we have raised need to be addressed as a matter of priority to strengthen the resilience of the CHESS system.’

ASIC Chair Joe Longo said, ‘Our actions underscore our increasingly deep concerns with ASX’s management of the CHESS system, and we will continue to consider further action. The technical review of ASX’s core technology infrastructure is necessary given the ongoing concerns the regulators have raised about ASX’s operational resilience. It is troubling that these risks were realised in this major incident.’

The regulators together outlined their expectations that ASX needs to give the highest priority to the immediate remediation of issues that caused and exacerbated the December 2024 incident.

If not urgently addressed, the regulators are prepared to take further regulatory action. This could include the use of the regulators’ new powers under reforms to modernise the regulatory framework for Financial Market Infrastructures, which came into effect in September 2024, and further rulemaking under the Competition in Clearing and Settlement reforms.

Background

The RBA and ASIC are co-regulators of licensed CS facilities and have separate, but complementary, responsibilities for the licensing and supervision of CS facilities licensees.

These responsibilities include supervising each CS facility licensee’s compliance with the obligation to do all things necessary to ensure that the facility’s services are provided in a fair and effective way, to the extent it is reasonably practicable to do so. In carrying out supervision and assessment of CS facilities, the RBA and ASIC work closely as appropriate.

The RBA supervises CS facilities from the perspective of the facilities’ importance to the stability of Australia’s financial system. This includes the power to determine financial stability standards for the purpose of ensuring that CS facility licensees conduct their affairs in a way that causes or promotes overall stability in the Australian financial system.

ASIC’s regulatory action announced today are in addition and separate to ASIC’s investigation into ASX Settlement Pty Ltd (ASX Settlement) for suspected contraventions of section 821A of the Corporations Act.

MIL OSI News –

March 31, 2025
MIL-OSI New Zealand: Reserve Bank capital review welcomed

Source: New Zealand Government

The Reserve Bank’s decision to review its capital requirements has been welcomed by Finance Minister Nicola Willis.
“Submissions made to the finance and expenditure committee’s banking inquiry have raised concerns that New Zealand’s bank capital regime is too conservative, and that this is undermining banking competition, driving up the cost of lending and reducing growth in the New Zealand economy.
“I share these concerns and welcome the Reserve Bank Board’s decision to conduct an evidence-based review of its capital regime, using international experts, and comparing New Zealand’s requirements with those in comparable countries.
“It’s important that the Reserve Bank’s prudential regime preserves the stability of our financial system, while taking care not to not impose excessive costs in the process.
“Higher capital requirements increase the cost of borrowing. This can reduce economic activity and drive up the cost of living. I want to see settings that preserve financial stability while encouraging investment, job creation and income growth.
“Submitters have argued that other countries have less onerous bank capital requirements and that New Zealand is becoming an outlier internationally.
“The Reserve Bank’s decision to conduct a prompt review is a good opportunity to objectively assess New Zealand’s settings and consider whether the Bank’s intention to keep increasing capital requirements still makes sense.”
The Reserve Bank increase in minimum capital requirements followed a review in 2017-2019 and is being implemented over seven years with annual increases on 1 July each year.
The big banks are currently required to maintain minimum capital of 13.5 per cent and the smaller banks minimum capital of 11.5 per cent. The Reserve Bank has been planning to, by 2028, lift those requirements to 18 and 16 per cent respectively.
“I welcome the Reserve Bank’s willingness to step back and consider whether decisions it made several years ago are still in step with domestic and international developments.”
Decisions about bank capital requirements are taken independently by the RBNZ Board in accordance with the Bank’s financial stability objective.

MIL OSI New Zealand News –

March 31, 2025
MIL-OSI USA: Cantwell Statement on Valley Medical Center Layoffs

US Senate News:

Source: United States Senator for Washington Maria Cantwell

03.30.25

Cantwell Statement on Valley Medical Center Layoffs

WASHINGTON, D.C. – Today, U.S. Senator Maria Cantwell (D-WA), senior member of the Senate Finance Committee and ranking member of the Senate Committee on Commerce, Science, and Transportation, gave the following statement regarding the 101 recent layoffs at Valley Medical Center in Renton:

“Hospitals in Washington state rely heavily on stable Medicaid funding. I urge the Centers for Medicare and Medicaid Services to quickly approve Washington state’s 2025 application for the Safety Net Assessment Program so our hospitals can continue to provide care for the most vulnerable.. The necessity of this program shows how hospitals are already struggling to keep pace with costs – and Congressional Republicans’ plan to slash up to $880 billion from Medicaid would be devastating for patients and hospitals. We should not be giving hospitals another reason to worry when they are busy providing lifesaving care.”

MIL OSI USA News –

March 31, 2025
MIL-OSI: FortiCard Spearheads Strategic Expansion and Solidifies Long-Term Partnerships

Source: GlobeNewswire (MIL-OSI)

NEW YORK, March 30, 2025 (GLOBE NEWSWIRE) — FortiCard, a trailblazer in global financial services, is rapidly advancing its strategic vision through a series of high-profile initiatives and partnership developments that underscore its commitment to shaping the future of finance. The company has recently engaged in fruitful discussions with several banking enterprises that recognize FortiCard’s unique capabilities, resulting in strategic alignments poised to transform industry standards.

Engagement with Leading Banking Enterprises
Recognized for its innovative approach and robust technological infrastructure, FortiCard has attracted the attention of numerous banking enterprises, initiating dialogues aimed at exploring collaborative opportunities. These discussions are focused on leveraging FortiCard’s advanced financial platforms and analytical tools to enhance transactional efficiencies and expand service capabilities across the banking sector.

Strategic Initiatives to Address Investment Order Shortages at FortiCard
FortiCard is actively deploying a series of strategic measures aimed at addressing the persistent shortage of lend-out investment orders that has troubled its users for several months. These initiatives are expected to significantly enhance FortiCard’s capacity to manage a larger volume of transactions, thereby meeting the increasing demands of its global customer base and reducing barriers to market participation. This strategic shift is designed to optimize operational efficiency and improve service delivery, ensuring that FortiCard remains competitive in the dynamic financial services sector.

Cementing Relationships: From Short-Term Engagements to Long-Term Commitments
A key highlight of FortiCard’s strategic agenda is the transformation of several short-term engagements into long-term partnerships. This transition will be formally recognized and celebrated on April 6, symbolizing a major commitment on the part of FortiCard and its partners to a sustained and mutually beneficial collaboration.

Milestone Signing Ceremony in Singapore
To mark these expanded partnerships, FortiCard will host a ceremonial signing event on May 1 at the prestigious Marina Bay Sands in Singapore. This venue, renowned for its architectural brilliance and business significance, will serve as the perfect backdrop for celebrating these enduring alliances. The event will not only signify the formalization of these agreements but also showcase FortiCard’s strategic commitment to fostering long-term relationships within the financial industry.

Future Outlook and Continued Innovation
As FortiCard continues to navigate the complexities of the global financial landscape, these strategic developments are integral to its mission of driving innovation and advancing the financial services industry. By enhancing its partnerships and expanding operational capabilities, FortiCard is setting new benchmarks for excellence and service delivery in finance.

About FortiCard
With a global presence and a reputation for excellence, FortiCard remains at the forefront of the financial services industry, known for its innovative solutions and commitment to client success. FortiCard continues to leverage its expertise to provide secure, profitable, and reliable financial products and services, ensuring it remains a leader in the financial sector.

Media Contact:
Company Name: FortiCard Limited
Contact Person: Alexander Jonathan Williams
Website: https://forti-card.com
Email: admin@forti-card.com

Disclaimer: This press release is provided by the FortiCard Limited. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.

Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a48230a2-4302-43fc-a4dd-c5d49c613ec2

The MIL Network –

March 31, 2025
MIL-OSI Africa: G20 nations must place inequality at the heart of economic policymaking: Deputy Minister Mohai
Source: South Africa News Agency

Department of Planning, Monitoring, and Evaluation (DPME) Deputy Minister Seiso Mohai has stressed the urgency of addressing persistent global inequalities.

“G20 nations must place inequality at the heart of economic policymaking, as disparities in wealth and development are neither just nor sustainable. The consequences of these inequalities are most pronounced in the Global South, where poverty, unemployment, and a lack of access to essential services continued to hinder progress,” Mohai said.

The Deputy Minister was delivering a keynote address during a two-day G20 Seminar focused on the theme: “Public Good, Development Finance, and Social Protection”.

The seminar was hosted by the DPME in collaboration with the South African Association for Public Administration and Management (SAAPAM) and Tshwane University of Technology (TUT).

The seminar was a key part of South Africa’s strategic G20 priorities – to explore innovative solutions for addressing economic disparities, advancing sustainable development, and ensuring social protection for vulnerable communities.

It provided a platform for fostering dialogue among government officials, academia, civil society, and the private sector, with a focus on tackling challenges such as economic disparities, mobilising development finance, and advancing inclusive social protection policies.

Deputy Minister Mohai emphasised the importance of constructive dialogue throughout the seminar.

“This gathering provided a unique platform for engagement among key stakeholders. We looked forward to brutally frank debates aimed at addressing the challenges of inequality, unemployment, and poverty.

“We were encouraged by this partnership between DPME, SAAPAM, TUT, and other academic institutions, civil society, and non-government organizations, and we looked forward to successfully hosting this prestigious G20 seminar,” he said.

Discussions at the seminar also explored ways to overcome structural barriers to sustainable development, including the mobilisation of innovative financing solutions for climate action and other pressing global issues.

The seminar focused on the following key areas:
- Public Good: Ensuring equitable access to essential services and resources for all citizens.
- Development Finance: Mobilising sustainable funding mechanisms to stimulate economic growth.
- Social Protection: Strengthening policies aimed at reducing inequality and providing support for the most vulnerable.
Mohai also highlighted the pivotal role of academia and professional bodies in developing innovative solutions to global development challenges.

“South Africa’s engagement with the G20 has been guided by strategic foreign policy pillars, including national interests, the African agenda, South-South cooperation, and multilateralism. Our presidency came at a time when the world faced overlapping global crises such as climate change, inequality, and geopolitical instability, which disproportionately affected developing nations,” he noted.

The Deputy Minister also reaffirmed South Africa’s commitment to addressing the structural causes of economic disparities.

“Through collaboration, innovation, and shared commitment, we can create a future that is inclusive, resilient, and sustainable,” he stated.

The two-day seminar featured several distinguished academic dignitaries, including UNISA Vice Chancellor Puleng Lenkabula and Tshwane University Dean, Professor Mashupye Maserumule, among others.

Professor Maserumule shared valuable insights on the crucial role of an ethical, capable, and professional public service in driving innovation in planning and development. He emphasised the importance of a well-equipped public sector in fostering sustainable growth and effective governance.

In her address, UNISA Vice Chancellor Lenkabula highlighted the vital role of academia in South Africa’s leadership during the DPME G20 Seminar. She focused on the contribution of academic institutions, research, and higher education can make toward both national and international G20 objectives.

“Academia plays a pivotal role by conducting research that addresses global challenges on the G20 agenda, such as climate change, global health, economic recovery post-pandemic, and sustainable development,” she said.

“South African universities and research institutions have the opportunity to collaborate with their international counterparts to generate data and policy recommendations that support both South Africa’s national interests and the broader goals of the G20,” Prof Lenkabula added.

The department said that the outcomes of the seminar will contribute to South Africa’s G20 agenda, focusing on building a future that is inclusive, resilient, and sustainable for all.

The event aimed to generate actionable recommendations and innovative policy solutions to guide the global community in confronting critical issues such as inequality, unemployment, and poverty.

“This seminar marked a critical milestone in South Africa’s leadership of the G20, with a continued focus on fostering solidarity, equality, and sustainability in global development,” the department said. – SAnews.gov.za

MIL OSI Africa –
March 31, 2025
MIL-OSI Africa: SIU to probe National Skills Fund, DPWI, among others
Source: South Africa News Agency

President Cyril Ramaphosa has signed five proclamations – two new and three amendments – authorising the Special Investigating Unit (SIU) to investigate allegations of corruption and maladministration in the affairs of the National Skills Fund and the National Department of Public Works and Infrastructure.

In addition, the President has amended existing proclamations to expand the scope of investigations into the South African Broadcasting Corporation (SABC), Eskom, PetroSA, Transnet, South African Airways (SAA), the Department of Human Settlements, Alexkor, and the South African Council for Educators (SACE).

In a statement on Friday, the SIU said these investigations aim to recover financial losses suffered by the State.

National Skills Fund

“Proclamation 253 of 2025 authorises the SIU to investigate allegations of serious maladministration, improper or unlawful conduct by officials or employees of the Department of Higher Education and Training, and the possible mismanagement of funds allocated to the National Skills Fund (NSF),” the SIU said.

The investigation will focus on procurement and contracting for the implementation of skills development programmes, training projects, and the appointment of implementing agents for the following projects:
- Yikhonolakho Woman and Youth Primary Co-operative Limited (NSF 16/1/3/21)
- Dithipe Development Institute (Pty) Limited
- Dzunde Farming Co-operative Limited – Rural Development
- Dual System Apprenticeship Pilot Project – Port Elizabeth TVET College (NSF10/3/8/2/9)
- Rubicon Communication CC
- Centre for Education Policy Development (Fruitless & Wasteful Expenditure) — NSF 16/2/1/2 & NSF 10/4/4/3
- Emanzini Staffing Solutions (Pty) Limited (NSF16/1/4/55 and/or 2016-NSFWIL — 0174)
- ADA Holdings (NSF16/1/4/5, Ingewe TVET College — NSF/16/3/2/2 & Lusikisiki/ Bizana — NSF/16/1/2/3)
- Ekurhuleni West TVET College (NSF16/1/2/39)
- Passionate about People (Pty) Limited (NSF/16/1/3/12&16).
Additionally, the SIU will investigate any unauthorised, irregular, fruitless, or wasteful expenditure by the NSF or the department.

The scope of the investigation includes any unlawful or improper conduct by suppliers, service providers, and other involved parties, occurring between 1 January 2013 and 28 March 2025, or related matters before or after this period.

National Department of Public Works and Infrastructure

Proclamation 256 of 2025 authorises the SIU to investigate allegations of maladministration in the affairs of the National Department of Public Works and Infrastructure (DPWI) relating to the appointment of travel agents in 2017 for the rendering of travel agency services, including flights, accommodation, and vehicle hire.

“The investigation will determine whether these appointments and related payments were conducted in a manner that was not fair, competitive, transparent, equitable, or cost-effective; contrary to applicable legislation; or inconsistent with Treasury instructions, departmental manuals, policies, procedures, or other applicable prescripts.

“The SIU will also investigate any unauthorised, irregular, fruitless, or wasteful expenditure incurred by the Department and any unlawful or improper conduct by officials, employees, service providers, or any other parties involved in the procurement of these services,” the SIU said.

The SIU added that the scope of the investigation includes any unlawful or improper conduct by suppliers, service providers, and other involved parties, occurring between 1 March 2017 and 28 March 2025, or related matters before or after this period.

Amendment of Proclamation No. R.206 of 2024

Proclamation 252 of 2025 amends Proclamation R.206 of 2024 to reflect the full scope of the SIU’s investigation into several state institutions.

The amendment corrects and clarifies the entities under investigation, which include the South African Broadcasting Corporation SOC Limited (SABC), Eskom Holdings SOC Limited, the Petroleum Oil and Gas Corporation of South Africa SOC Limited (PetroSA), Transnet SOC Limited, South African Airways SOC Limited (SAA), and the National Department of Human Settlements (formerly known as the National Department of Human Settlements, Water and Sanitation).

The amendment substitutes the heading and paragraph 1 of the original Proclamation to formally add South African Airways as a state institution which will be subjected to an investigation of allegations of serious maladministration, corruption, and unlawful conduct in the affairs of these state institutions.

Amendment of Alexkor investigation to include additional institutions and broader scope

Proclamation 254 of 2025 amends Proclamation R.45 of 2021 to broaden the scope of the Special Investigating Unit’s (SIU) investigation beyond Alexkor SOC Limited.

The amendment now includes the Alexkor Richtersveld Mining Company Pooling and Sharing Joint Venture and the State Diamond Trader—collectively referred to as “the Institutions.” The amendment updates several references throughout the original Proclamation to reflect this expanded scope.

“The amended Proclamation authorises the SIU to investigate the procurement of and contracting for goods or services by or on behalf of the Institutions in relation to the marketing, valuation, sale (including decisions not to buy), and beneficiation of diamonds, and any income generated or lost, or payments made in respect thereof.

“The investigation will consider whether such conduct was contrary to applicable legislation, Treasury instructions, or the Institutions’ own policies and procedures,” the SIU said.

The SIU will also probe serious maladministration in the affairs of Alexkor SOC Limited in respect of contracts concluded with, and fees paid to, Regiments Capital (Pty) Limited.

The SIU will also investigate any related unauthorised, irregular, or fruitless and wasteful expenditure incurred by the Institutions, as well as fraudulent, irregular, improper, or unlawful conduct by Board members, officials, employees, agents, service providers, traders, auctioneers, bidders, or buyers—particularly where such conduct resulted in undue benefit or concealed interests.

In addition, the Proclamation authorises the SIU to probe serious maladministration in the affairs of the institutions in respect of agreements or contracts with service providers and other diamond trade actors and specifically empowers the SIU to investigate contracts concluded with and fees paid to Regiments Capital (Pty) Limited by Alexkor SOC Limited.

The amended scope covers conduct occurring between 1 January 2014 (previously 1 October 2016) and the date of publication of this Proclamation and includes related matters outside this period if they are relevant to the investigation.

“Beyond investigating maladministration, corruption, and fraud, the SIU will identify systemic failures and recommend measures to prevent future losses.”

In accordance with the Special Investigating Units and Special Tribunals Act 74 of 1996 (SIU Act), the SIU will refer any evidence of criminal conduct uncovered during these investigations to the National Prosecuting Authority (NPA) for further action.

The SIU is also empowered to institute civil action in the High Court or a Special Tribunal to recover financial losses to the State resulting from acts of corruption, fraud or maladministration. – SAnews.gov.za

MIL OSI Africa –
March 31, 2025
MIL-OSI Australia: More paramedics to be employed in Canberra

Source: Northern Territory Police and Fire Services

The new roster will mean the ACT Ambulance Service will be even better placed to meet community demands.

The ACT Government will increase the number of frontline paramedics employed by implementing a new ACT Ambulance Service (ACTAS) roster.

These changes mean an additional 11 paramedic crews will be rostered on over a 24-hour period.

This will improve fatigue management practices and create a better work-life balance for paramedics. The change will also mean that ACTAS will be even better placed to meet community demands for ambulance services.

In addition, training and development requirements will be covered by rostered resources and operational resourcing flexibility will be increased. Meal breaks will also be accessed more regularly and there would be less need for paramedics to work past their shift times.

As part of the 2023-24 Budget Review, the government is investing $19.7 million over four years to enable the implementation of the new roster.

To achieve the new roster, changes need to be made to the ACTAS enterprise agreement. This agreement has been in negotiation for several months and is in the final stages of negotiation between the ACT Government and the Transport Workers Union.

Paramedics and the ambulance service perform a vital role in the Canberra community, responding to those in need when and where they need help most. This improved roster will better enable paramedics to meet those needs – while also supporting their wellbeing and professional development.

“Investing in staffing will mean paramedics will continue to enjoy rewarding careers in the ACT Ambulance Service, with improved rostering leading to better outcomes for all,” ACTAS Chief Officer Howard Wren said.

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MIL OSI News –

March 31, 2025