Category: housing

  • MIL-OSI Asia-Pac: FS unveils rates, tax cuts

    Source: Hong Kong Information Services

    In his 2025-26 Budget Speech, Financial Secretary Paul Chan this morning announced measures to provide rates concessions, reduce salaries and profits taxes, and pay an extra allowance to eligible social security recipients.

    Mr Chan said the measures had been devised in light of the economic pressures faced by some industries and people, and of the Government’s fiscal position.

    In the first quarter of the next financial year, rates concessions for domestic and non-domestic properties will be provided, subject to a ceiling of $500 for each rateable property.

    The measure is estimated to involve 3.12 million domestic properties and 430,000 non-domestic properties, and a reduction in government revenue of $1.5 billion from the former and of $200 million from the latter.

    Meanwhile, salaries tax and tax under personal assessment for the 2024-25 tax year will be reduced by 100%, subject to a ceiling of $1,500, with the reduction being reflected in the final tax payable for the year of assessment. The same reduction, also subject to a ceiling of $1,500, will be applied to profits tax for the 2024-25 year of assessment.

    With regard to salaries tax and tax under personal assessment, the reduction will benefit 2.14 million taxpayers and reduce government revenue by $2.9 billion. The profits tax cut will benefit 165,400 businesses and reduce government revenue by $200 million.

    In addition, the Government will provide an extra allowance to eligible social security recipients that is equal to half a month of the standard-rate Comprehensive Social Security Assistance payments, Old Age Allowance, Old Age Living Allowance or Disability Allowance. Similar arrangements will apply to recipients of the Working Family Allowance.

    Altogether, the extra allowance payments will involve an additional expenditure of about $3.1 billion.

    Furthermore, to ease the burden on buyers of residential and non-residential properties at lower values, the maximum value of properties chargeable to a $100 stamp duty will be raised from $3 million to $4 million with immediate effect. 

    This concession will benefit about 15% of property transactions and reduce government revenue by about $400 million annually.

    MIL OSI Asia Pacific News

  • MIL-OSI Video: UK Prime Minister’s Questions (PMQs) – 26 February 2025

    Source: United Kingdom UK Parliament (video statements)

    Watch PMQs with British Sign Language (BSL) – https://youtube.com/live/gPjfHWGwA6g

    Prime Minister’s Question Time, also referred to as PMQs, takes place every Wednesday the House of Commons sits. It gives MPs the chance to put questions to the Prime Minister, Sir Keir Starmer MP, or a nominated minister.

    In most cases, the session starts with a routine ‘open question’ from an MP about the Prime Minister’s engagements. MPs can then ask supplementary questions on any subject, often one of current political significance.

    The Leader of the Opposition, Kemi Badenoch MP, asks six questions and the leader of the second largest opposition party asks two. If another minister takes the place of the Prime Minister, opposition parties will usually nominate a shadow minister to ask the questions.

    Want to find out more about what’s happening in the House of Commons this week? Follow the House of Commons on:

    Twitter: https://www.twitter.com/HouseofCommons
    Facebook: https://www.facebook.com/ukhouseofcommons
    Instagram: https://www.instagram.com/ukhouseofcommons

    https://www.youtube.com/watch?v=GNlwKJpbvl4

    MIL OSI Video

  • MIL-OSI Video: UK Prime Minister’s Questions with British Sign Language (BSL) – 26 February 2025

    Source: United Kingdom UK Parliament (video statements)

    Prime Minister’s Question Time, also referred to as PMQs, takes place every Wednesday the House of Commons sits. It gives MPs the chance to put questions to the Prime Minister, Sir Keir Starmer MP, or a nominated minister.

    In most cases, the session starts with a routine ‘open question’ from an MP about the Prime Minister’s engagements. MPs can then ask supplementary questions on any subject, often one of current political significance.

    The Leader of the Opposition, Kemi Badenoch MP, asks six questions and the leader of the second largest opposition party asks two. If another minister takes the place of the Prime Minister, opposition parties will usually nominate a shadow minister to ask the questions.

    Want to find out more about what’s happening in the House of Commons this week? Follow the House of Commons on:

    Twitter: https://www.twitter.com/HouseofCommons
    Facebook: https://www.facebook.com/ukhouseofcommons
    Instagram: https://www.instagram.com/ukhouseofcommons

    https://www.youtube.com/watch?v=SSXMMhV40tI

    MIL OSI Video

  • MIL-OSI United Kingdom: Sense-sational improvements to Cliffdale Primary Academy

    Source: City of Portsmouth

    Children at a special school in Hilsea have had their learning spaces transformed with a sensory room created for students with Special Educational Needs and Disabilities (SEND), thanks to work by Portsmouth City Council, and Vale Southern Construction Ltd.

    Students at Cliffdale Primary Academy can now enjoy new and improved learning spaces, benefitting from extra classrooms, outdoor areas and a sensory room, thanks to an extensive programme of works at the school.

    The capital projects service (consisting of architects, engineers, project managers and construction inspectors) from the council worked with Vale Southern Construction Ltd to construct two extensions adding new classrooms and staff facilities as well as smaller teaching spaces and a specialist sensory room. This development will be supporting students with SEND providing suitably specialist places which are also calming and encourage learning.

    The architects kept a close eye on detail, amongst other things creating unique triangle patterns in the brickwork of the new classroom to represent the neurodiversity in the school and wider population. The interior of each triangle is unique to represent the neurodiversity in the school and wider population.

    Outdoor spaces are particularly important at Cliffdale, supporting the development and wellbeing of the pupils.  Small outdoor spaces have been created for each classroom as a calm environment to aid learning.  An improved nature area has been created to support the existing wildlife on the site with trees and hedges planted to encourage further inhabitants.

    To reduce the school’s impact on the environment, the new building has been designed to minimise energy use and has solar panels on the roof to generate electricity and a drainage system designed to reduce its load on the local drainage system in times of heavy rain.  Large crates have been installed below the ground which can hold 30m3 of water or 30,000 litres of water which is about 375 baths and fill up with rainwater releasing it into the sewer network at a reduced rate to ease the pressure on the network.

    Councillor Nick Dorrington, Cabinet Member for Children Families and Education said:

    “It’s wonderful to see the incredible efforts of our in-house capital projects team, along with contractors, in supporting schools that aid and nurture our young people with SEND. This collaborative initiative has resulted in improved spaces for young individuals at Cliffdale Primary Academy, providing essential environments for those who need it most.”

    Sharon Burt, Chief Executive Officer at Solent Academies Trust said:

    “We are absolutely thrilled with the improvements made to Cliffdale Primary Academy. The new classrooms, sensory room, and outdoor spaces provide our pupils with the environment they deserve to thrive in. The sensory room, in particular, offers a calming, inclusive space that caters to the diverse needs of our children. These changes, made possible by the collaboration between Portsmouth City Council and Vale Southern Construction Ltd., will have a lasting, positive impact on the wellbeing and learning of our pupils. We are very grateful for the support in making our school a place where all children can learn in the very best specialist educational environment.”

    The wider Capital Projects Team provide many multi-disciplinary professional services including building project management, architectural & structural design, mechanical & electrical engineering, energy services and property and construction consultancy. If you have an upcoming building project, contact Patrick.legget@portsmouthcc.gov.uk.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: RSH publishes regulatory judgements for 11 social landlords

    Source: United Kingdom – Executive Government & Departments

    Press release

    RSH publishes regulatory judgements for 11 social landlords

    The Regulator of Social Housing has today published regulatory judgements for 11 social landlords. 

    ForHousing has been upgraded from G3 to G2 following a period of intensive engagement. The landlord has delivered an agreed improvement plan, including significant restructuring that involved removing an unregistered parent and disposal of its interest in another unregistered company that was part of the same parent group.   

    It has strengthened its control framework and improved its oversight of strategic risks. The board has been able to evidence that it has full, independent control over decisions that impact its outcomes.  

    ForHousing needs to continue to make improvements in its governance and risk management as it reviews the effectiveness of the changes it has made.  

    Two landlords, West Lancashire Borough Council and City of Westminster Council, received C1 gradings. This means that overall they are delivering the outcomes of the consumer standards and they have demonstrated that they identify when issues occur and put plans in place to remedy and minimise recurrence.  

    The London Borough of Wandsworth, Central Bedfordshire Council, and Anchor Hanover Group failed to meet the outcomes of RSH’s consumer standards and received C3 gradings.  

    During a planned inspection of the London Borough of Wandsworth, RSH found:  

    • Around 40% of homes and almost 80% of communal areas had not had an electrical safety test.  
    • Almost 1,800 overdue fire safety remedial actions, all of which were more than 12 months overdue.  
    • Only 6.5% of its 17,000 total homes had been surveyed in the last ten years  
    • Weaknesses in how tenants’ views are taken into account in decision making.  

    During an inspection of Central Bedfordshire Council, RSH found:  

    • More than 1,800 overdue repairs orders.  
    • More than 300 outstanding fire safety actions arising from fire risk assessments had not been tracked by age or prioritised by urgency.  
    • No tracking, monitoring, or reporting of the number and age of damp and mould cases.  
    • A limited range of opportunities for tenants to scrutinise their landlord’s performance and influence how its housing services are delivered  

    Following responsive engagement with Anchor Hanover Group, RSH found:  

    • Over a third of its homes did not have a current satisfactory electrical safety inspection report  
    • A significant backlog of electrical remedial actions 
    • Incomplete and unreliable information available on the presence of damp and mould 
    • Weaknesses across landlord health and safety, including fire safety and water hygiene 

    RSH has also placed Anchor Hanover Group on its gradings under review list. RSH is currently investigating matters which may impact on whether the landlord continues to meet the governance elements of the Governance and Financial Viability Standard.  

    RSH is engaging intensively with all three social landlords as they work to address the issues identified in each of the cases.  

    Mansfield District Council and Waverley Borough Council received C2 gradings.   

    RSH also published regulatory judgements for three further landlords following stability checks.  

    Peabody Trust and One Manchester retained their current G1/V2 gradings, while Bolton at Home retained its G2/V2 gradings.  

    Kate Dodsworth, Chief of Regulatory Engagement at RSH, said:  

    “As we approach the end of the first year of our programmed inspections, we are continuing to see a broad spectrum of gradings – though it is still too early to draw concrete trends. 

    “While our engagement is the most intensive with landlords that fail to meet the outcomes of our standards, even landlords that receive a C1 grading have room for improvement.   

    “Along with our consumer regulation, our scrutiny of governance and financial viability remains as important as ever. Landlords must have rigorous oversight of strategic risk and continue to stress test their financial plans. Without strong governance, landlords will not be able to deliver more and better social homes for tenants.   

    “We can confirm that we have placed Anchor Hanover Group on the gradings under review list. The outcome of the investigation will be confirmed in a regulatory judgement, once completed.”

    All the judgements published today can be found on the Regulatory Judgements and Enforcement Notices page.

    Notes to Editors  

    1. On 1 April 2024 RSH introduced new consumer standards for social housing landlords, designed to drive long-term improvements in the sector. It also began a programme of inspections for all large social landlords (those with over 1,000 homes) over a four-year cycle. The changes are a result of the Social Housing Regulation Act 2023 and include stronger powers to hold landlords to account. More information about RSH’s approach is available in its document Reshaping Consumer Regulation.  

    2. RSH carries out stability checks on all housing associations, and other private registered providers, who own 1,000 homes or more. The stability checks are a yearly exercise. We look at the financial information landlords have submitted to us (including their most recent business plan and annual accounts) and consider if there are any risks which might result in a change to their financial viability or governance gradings.  The checks do not include local authorities because our governance and financial viability standard does not apply to them.  

    3. More information about RSH’s responsive engagement, programmed inspections and consumer gradings is also available on its website.  

    4. RSH promotes a viable, efficient and well-governed social housing sector able to deliver more and better social homes. It does this by setting standards and carrying out robust regulation focusing on driving improvement in social landlords, including local authorities, and ensuring that housing associations are well-governed, financially viable and offer value for money. It takes appropriate action if the outcomes of the standards are not being delivered.

    5. For general enquiries email enquiries@rsh.gov.uk. For media enquiries please see our Media Enquiries page.

    Updates to this page

    Published 26 February 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Chancellor to meet G20 finance ministers in South Africa

    Source: United Kingdom – Executive Government & Departments

    News story

    Chancellor to meet G20 finance ministers in South Africa

    At the G20 Finance Ministers and Central Bank Governors meeting in South Africa the Chancellor, Rachel Reeves, will make the case for defence investment, declaring that it’s the “bedrock of economic growth”.

    • Chancellor, Rachel Reeves, touches down in South Africa for the G20 Finance Ministers and Central Bank Governors meeting today, 26 February.
    • At the meeting Rachel Reeves will make clear that a strong defence is the “bedrock of economic growth” and make the case for “free and fair trade.”
    • Follows the PM’s commitment to boost the UK’s defence spending by £13.4 billion to 2.5% of GDP by 2027 and the British Government’s steadfast support for the people of Ukraine.

    Following the PM’s announcement yesterday, the Chancellor will state that in a dangerous world the UK will not shy away from bolstering defence spending and will set out our ambition to raise UK defence spending further to 3% by the next parliament, subject to economic and fiscal conditions. 

    Protecting national security to protect the economy will also be a key message that the Chancellor will set out on the global stage today as she attends the G20 Finance Ministers and Central Bank Governors meeting in Cape Town, South Africa. 

    The UK is already the third largest defence spender in NATO in cash terms, and this government has already boosted defence spending by almost £3 billion at the Autumn Budget. 

    The Chancellor will also reaffirm our commitment to European defence and encourage other European allies at the G20 to boost their defence spending in line with the UK in response to the security threats we face.   

    She will also discuss the possibilities for like-minded countries to mobilise private finance to maximise our financial resources for defence.

    The government’s commitment to invest in defence will protect UK citizens from threats at home but will also create a secure and stable environment in which businesses can thrive, supporting the Government’s number one mission to deliver economic growth.

    Chancellor of the Exchequer, Rachel Reeves said: 

    It’s clear we are facing a more dangerous world, and I will not hide from this reality. This is the moment for us all to step up – and together with our European partners we will go further and faster on defence. 

    National security will always be the first responsibility of this government and is the bedrock economic growth. Through intelligent investment, relentless reform, and free and fair trade – the most reliable driver of global growth – we can deliver sustainable growth that puts more money into the pockets of working people. 

    The Chancellor is also expected to set out that she is a champion of free and fair-trade and, will continue to make the case for openness in a series of bilateral meetings with G20 finance ministers. 

    While in Cape Town the Chancellor will engage with best-in-class British firms in South Africa and visit Cape Town’s historic V&A Waterfront. The Chancellor is expected to welcome British companies including consultancy Turner & Townsend and engineering firm Arup winning new contracts to play a role in the site’s expansion, showcasing UK expertise in designing, planning, and building infrastructure around the world.  

    The Chancellor will also meet influential businesses and investors in South Africa, such as representatives from Old Mutual Limited, the Foschini Group, and Absa, at a private reception at the High Commissioner’s residence, where she will deliver a keynote speech highlighting growth and investment opportunities in the UK.

    Updates to this page

    Published 26 February 2025

    MIL OSI United Kingdom

  • MIL-OSI Asia-Pac: $1.23b for boosting tourism

    Source: Hong Kong Information Services

    Given that cultural and creative industries are among the most dynamic sectors in Hong Kong, Paul Chan highlighted in his Budget speech this year that the Government is dedicated to advancing several vital projects.

    “A cumulative total of over 780 projects, some of which with potential for industrialisation, have been approved under the CreateSmart Initiative, involving a total funding of about $3.4 billion and benefitting more than 30,000 SMEs (small and medium-sized enterprises).

    “To foster the vibrant development of the local creative industry chain, OASES (Office for Attracting Strategic Enterprises) will strategically attract to Hong Kong more cultural and creative enterprises that integrate I&T (innovation and technology) into their work.”

    With regard to large-scale art events, Mr Chan pointed to the success of the inaugural Hong Kong Performing Arts Expo, which concluded in October last year. It featured over 1,600 arts leaders and practitioners from more than 60 countries and regions.

    “We will organise the second edition of the Expo next year, transforming the event into a flagship of our arts and cultural industries.”

    He also explained how the Government will further facilitate the creation and production of cultural intellectual property (IP).

    “The Government will support cultural IP creators and producers to propel more than 30 cultural IP projects cumulatively in the coming five years. We are fostering more cross-sectoral collaboration within the cultural and creative sectors so as to enhance the communication power and sales value of cultural IP products.”

    Emphasising the fact that tourism boosts local economic development and creates employment opportunities, Mr Chan pointed out that the Government will step up its efforts to uncover more attractions with local characteristics.

    “To pursue the concept of ‘tourism is everywhere’ and implement the Development Blueprint for Hong Kong’s Tourism Industry 2.0, I will allocate $1,235 million to the Hong Kong Tourism Board (HKTB) in the coming year.

    “The HKTB will collaborate with more international brands to tell the good stories of Hong Kong’s tourism. For example, the HKTB signed a three-year global strategic partnership agreement with Art Basel to establish immersive experience zones of Hong Kong culture in all four annual Art Basel shows around the world, strengthening Hong Kong’s connection with the global art scene.”

    Mr Chan revealed that he earmarked resources to strengthen support to the cruise industry, encouraging cruise lines to increase their number of ship calls to Hong Kong, make overnight calls and use Hong Kong as the homeport.

    “We will provide cruise lines with more concessions to attract cruise ships to berth at the Kai Tak Cruise Terminal during the low season.”

    The Government remains steadfast in promoting and publicising Hong Kong as a mega events capital globally in an effort to attract more tourists to the city and enhance their tourism experience.

    Hong Kong can do just that, the Financial Secretary said, via the Kai Tak Sports Park, which is the largest‑ever sports infrastructure in Hong Kong with its 50,000-seat stadium.

    Additionally, he emphasised that the Government has been supporting the staging of major international sports events in Hong Kong through “M” Mark System. 

    “We will adopt a more strategic approach in continuously attracting sports events which can bring significant economic benefits to Hong Kong, and are in discussion with LIV Golf which has been held in Hong Kong for two consecutive years to explore long-term partnership.”

    Mr Chan made it a point in his Budget speech to underscore the importance of developing visitor sources from the Middle East and the Association of Southeast Asian Nations (ASEAN).

    “In collaboration with the HKTB, the Government will make extra efforts to develop markets in the Middle East and ASEAN to attract more high‑end visitors.

    “The Government is encouraging various sectors of the community to enhance tourism‑support facilities, such as providing worship facilities in hotels and stepping up staff training to strengthen the industry’s understanding of the visitors’ different cultural backgrounds.”

    Leveraging harbourfront resources is equally crucial, Mr Chan asserted, adding that the Government is making every effort to enhance the harbourfront on both sides of the Victoria Harbour.

    “The recently opened western section of the East Coast Boardwalk in North Point has been popular among the public. The eastern section of the Boardwalk, the Hung Hom Urban Park (Phase 2) and the open space at Eastern Street North in Sai Ying Pun will also be completed this year. 

    “We will set up refreshment stalls at harbourfront locations in Central, Wan Chai, North Point and Tsim Sha Tsui this year to enrich visitor experience.”

    Furthermore, he gave an update on a key tourism-boosting study.

    “The Government has invited the Mass Transit Railway Corporation to conduct a study to develop the waterfront and former pier sites to the south of Hung Hom Station into a new harbourfront landmark. 

    “It will include iconic commercial and residential developments, retail, dining and entertainment facilities, as well as yacht club for promoting yacht tourism. We will put forward land use proposals in the middle of this year.”

    MIL OSI Asia Pacific News

  • MIL-OSI Economics: Huawei’s OptiX OSN 9800 Series Retains “Leader” Position in GlobalData’s Core and Metro WDM Assessment Feb 26, 2025

    Source: Huawei

    Headline: Huawei’s OptiX OSN 9800 Series Retains “Leader” Position in GlobalData’s Core and Metro WDM Assessment
    Feb 26, 2025

    [Shenzhen, China, February 26, 2025] In its latest Core & Metro Packet-Optical Transport: Competitive Landscape Assessment, the world-renowned industry analysis firm GlobalData gave Huawei high marks for its flagship optical transmission product OptiX OSN 9800 series. Thanks to its leading technical architecture, ultra-large capacity, intelligent O&M capabilities, and the company’s mature global commercial practices, OptiX OSN 9800 once again ranked as a “Leader” with the highest score in the core and metro WDM fields. This further reinforces its leading position in optical communications.
    Huawei’s OptiX OSN 9800 Series Retained “Leader” Position in GlobalData’s Core and Metro WDM

    Huawei’s OptiX OSN 9800 series has made multiple technical breakthroughs and achieved comprehensive leadership in aspects ranging from transmission performance to network management.
    1. Ultra-high rate and ultra-large capacity
    Huawei’s OptiX OSN 9800 series supports a programmable rate of 400 Gbit/s to 1.2 Tbit/s per wavelength, as well as future evolution to a higher rate of 2 Tbit/s and beyond. The PBC non-linear compensation algorithm and new material technologies are used to extend the transmission distance by more than 20%. To date, Huawei’s 400G solution has been deployed on more than 200 networks in over 100 countries around the world, accelerating the commercial use of 400G+ networks.
    This series also supports a single-fiber capacity of 96 Tbit/s, and Super C+L band ultra-broadband spectrum to meet the capacity requirements for the next decade. In addition, it also provides Pbit/s-level optical switching capacity per subrack, facilitating data center interconnection.
    2. Energy saving and high efficiency
    OSN 9800 K36 is the industry’s first DC-oriented OTN platform. It uses the dual 3D orthogonal architecture and intelligent heat dissipation technology to double the switching capacity per slot and reduce the per-Gbit power consumption by 65%. In addition, the front-to-rear airflow design optimizes the energy efficiency of equipment rooms, enabling carriers to build green data centers.
    Compared with traditional solutions, Huawei’s OSN 9800 P32/P32C all-optical cross-connect products achieve 90% less device footprint and 60% less power consumption, achieving the best energy efficiency ratio in the industry.
    3. High availability and automatic O&M
    Huawei’s NCE-T transmission digital map solution provides automatic wavelength expansion planning, shortening the network expansion period from months to days. Moreover, the solution provides functions such as proactive assurance for availability risks and accurate fault diagnosis. With ASON, an E2E availability system covering prevention, recovery, and repair is established, improving the network availability to 99.999% and significantly reducing O&M costs.
    The OptiX OSN 9800 series has been widely implemented on global carrier networks in integrated transmission scenarios such as high-speed interconnection between data centers, home broadband, mobile bearing, and enterprise private lines. The flexible optical-electrical convergence architecture supports unified switching of OTN, SDH, packet, and OSU services, as well as integrating the all-optical cross-connect function, to provide carriers with ultra-broadband, elastic, and intelligent transmission solutions.
    According to the report, Huawei is ahead of competitors in terms of line ports, switching capacity, transmission capability, and network management. Emir Halilovic, Research Director of GlobalData, highlighted that Huawei’s OSN 9800 series products “define a new benchmark in terms of ultra-large capacity and intelligence features”.

    MIL OSI Economics

  • MIL-OSI Economics: Huawei’s OptiX OSN 9800 Series Retains “Leader” Position in GlobalData’s Core and Metro WDM Assessment

    Source: Huawei

    Headline: Huawei’s OptiX OSN 9800 Series Retains “Leader” Position in GlobalData’s Core and Metro WDM Assessment

    [Shenzhen, China, February 26, 2025] In its latest Core & Metro Packet-Optical Transport: Competitive Landscape Assessment, the world-renowned industry analysis firm GlobalData gave Huawei high marks for its flagship optical transmission product OptiX OSN 9800 series. Thanks to its leading technical architecture, ultra-large capacity, intelligent O&M capabilities, and the company’s mature global commercial practices, OptiX OSN 9800 once again ranked as a “Leader” with the highest score in the core and metro WDM fields. This further reinforces its leading position in optical communications.
    Huawei’s OptiX OSN 9800 Series Retained “Leader” Position in GlobalData’s Core and Metro WDM

    Huawei’s OptiX OSN 9800 series has made multiple technical breakthroughs and achieved comprehensive leadership in aspects ranging from transmission performance to network management.
    1. Ultra-high rate and ultra-large capacity
    Huawei’s OptiX OSN 9800 series supports a programmable rate of 400 Gbit/s to 1.2 Tbit/s per wavelength, as well as future evolution to a higher rate of 2 Tbit/s and beyond. The PBC non-linear compensation algorithm and new material technologies are used to extend the transmission distance by more than 20%. To date, Huawei’s 400G solution has been deployed on more than 200 networks in over 100 countries around the world, accelerating the commercial use of 400G+ networks.
    This series also supports a single-fiber capacity of 96 Tbit/s, and Super C+L band ultra-broadband spectrum to meet the capacity requirements for the next decade. In addition, it also provides Pbit/s-level optical switching capacity per subrack, facilitating data center interconnection.
    2. Energy saving and high efficiency
    OSN 9800 K36 is the industry’s first DC-oriented OTN platform. It uses the dual 3D orthogonal architecture and intelligent heat dissipation technology to double the switching capacity per slot and reduce the per-Gbit power consumption by 65%. In addition, the front-to-rear airflow design optimizes the energy efficiency of equipment rooms, enabling carriers to build green data centers.
    Compared with traditional solutions, Huawei’s OSN 9800 P32/P32C all-optical cross-connect products achieve 90% less device footprint and 60% less power consumption, achieving the best energy efficiency ratio in the industry.
    3. High availability and automatic O&M
    Huawei’s NCE-T transmission digital map solution provides automatic wavelength expansion planning, shortening the network expansion period from months to days. Moreover, the solution provides functions such as proactive assurance for availability risks and accurate fault diagnosis. With ASON, an E2E availability system covering prevention, recovery, and repair is established, improving the network availability to 99.999% and significantly reducing O&M costs.
    The OptiX OSN 9800 series has been widely implemented on global carrier networks in integrated transmission scenarios such as high-speed interconnection between data centers, home broadband, mobile bearing, and enterprise private lines. The flexible optical-electrical convergence architecture supports unified switching of OTN, SDH, packet, and OSU services, as well as integrating the all-optical cross-connect function, to provide carriers with ultra-broadband, elastic, and intelligent transmission solutions.
    According to the report, Huawei is ahead of competitors in terms of line ports, switching capacity, transmission capability, and network management. Emir Halilovic, Research Director of GlobalData, highlighted that Huawei’s OSN 9800 series products “define a new benchmark in terms of ultra-large capacity and intelligence features”.

    MIL OSI Economics

  • MIL-OSI Asia-Pac: Green sector a growth area: FS

    Source: Hong Kong Information Services

    In his 2025-26 Budget speech, Financial Secretary delivered an update on initiatives to harness green industries in Hong Kong, stressing that green finance and green technology are accelerating the build-up of multi-faceted industry clusters and creating huge business opportunities.

    In terms of green finance, Mr Chan iterated that Hong Kong last year launched the Sustainable Finance Action Agenda, setting out goals for the banking industry to achieve net zero, and committed to becoming one of the first jurisdictions to align local requirements on sustainability disclosure standards with those outlined in the International Financial Reporting Standards.

    He said that to support local green-finance talent training, the Pilot Green and Sustainable Finance Capacity Building Support Scheme will be extended to 2028. 

    The finance chief also reported that the Hong Kong Science and Technology Parks Corporation (HKSTPC) will develop its InnoCentre in Kowloon Tong into a green technology hub, to be named “GreenTech Hub”. The hub will bring together more than 200 green technology companies, with the HKSTPC inviting partners such as financial and business institutions and universities to support the companies by providing training, business matching, and more.

    With regard to shipping, the Government plans to develop Hong Kong as a green maritime fuel bunkering centre by the implementing the Action Plan on Green Maritime Fuel Bunkering. Mr Chan said the Government will provide tax exemptions on green methanol used for bunkering. In the aviation sector, meanwhile, a Sustainable Aviation Fuel consumption target will be announced this year.

    In terms of waste reduction, the Government will allocate additional funding of $180 million to increase the number of residential food waste smart recycling bins and food waste collection facilities across the city. I·PARK1, Hong Kong’s first waste-to-energy facility for treating municipal solid waste, is expected to commence operation this year, and an open tender has been invited for I·PARK2, which will have an expected treatment capacity of 6,000 tonnes per day. 

    Mr Chan announced that the Government will launch a $300 million electric vehicle subsidy scheme in the middle of the year, adding that the scheme is expected to provide impetus to for the industry to install 3,000 fast chargers across Hong Kong by 2030.

    In relation to public transport, the finance chief remarked that the Government recently launched a “Green Transformation Roadmap of Public Buses and Taxis” and earmarked $470 million under the New Energy Transport Fund to subsidise franchised bus operators in purchasing about 600 electric buses.  A further $135 million was earmarked to subsidise the taxi trade in purchasing 3,000 electric taxis.  In addition, the “Funding Scheme to Trial of Hydrogen Fuel Cell Heavy Vehicles” is now open for application.

    The Government intends to invite tenders for a smart and green mass transit system project in Kai Tak this year, and for similar projects in East Kowloon and the Hung Shui Kiu/Ha Tsuen and Yuen Long South New Development Areas next year. 

    Mr Chan also reported that the Government has reserved a site in Sheung Shui for the agriculture sector to set up the city’s first multi-storey, environment-friendly livestock farm.

    MIL OSI Asia Pacific News

  • MIL-OSI Russia: The Polytechnic discussed the use of injection technologies in construction

    Translartion. Region: Russians Fedetion –

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    The first all-Russian conference on injection technologies in construction, “Injection Days 2025”, is taking place at the Polytechnic University.

    Key construction industry specialists, from leading experts and project developers to companies specializing in the implementation of injection technologies, gathered at the site to exchange practical experience and the latest achievements in this field.

    Injection is the restoration of the integrity of buildings and structures made of stone, concrete, brick, strengthening of soil and rocks by filling cracks and voids with viscous polymeric materials by injection (under pressure). Injection is carried out to increase the bearing capacity of soils during their deformation, foundations and structures during their long-term operation, as well as to protect against the penetration of water or harmful substances.

    The principle of operation of this technology is the point pouring of reinforcing materials into problem areas, which ensures reliable sealing of damage and returns the foundation or structure to its original solidity.

    On the first day of the conference, experts discussed such issues as: structural repair using injection methods in construction, repair of cracks in foundation pylon structures using epoxy resin; sealing of underground parts of buildings and structures; repair of expansion joints of buried structures; deep injection of expansion joints; sealing of expansion joints using the deep injection method; elimination of jet seepage in concrete structures and junctions of metal cladding, stabilization of the soil base and lifting of a nine-story residential building using the polyurethane resin injection method, stabilization of foundation soils at industrial facilities, etc.

    The participants also learned about the experience of their colleagues in using non-destructive methods of monitoring the condition of concrete and soil structures when planning and implementing repair and restoration work; the experience of stabilizing thawed permafrost soils; using the example of the Svetlinskaya hydroelectric power station, they learned about methods for restoring the tightness of a temperature joint, etc.

    On the second day of the conference, reports were presented on the following topics: “Inspection of structures and foundation soils before their strengthening using modern non-destructive testing methods”, “Combined approach to comprehensive inspection of hydraulic structures for the purpose of developing design solutions”, “Experience in implementing projects to stabilize soil foundations in the Middle East”, etc.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI: Kama Capital Disrupts Affiliate World Dubai 2025: Shaping the Future of FinTech with High-Powered Partnerships

    Source: GlobeNewswire (MIL-OSI)

    KINGSTOWN, St Vincent & Grenadines, Feb. 26, 2025 (GLOBE NEWSWIRE) — Kama Capital is set to take center stage at Affiliate World Dubai 2025, the world’s premier affiliate marketing conference, from February 26-27, 2025. As a FinTech disruptor, Kama Capital is not here to follow the trends but to set them. Kama Capital aims to highlight the role of affiliates in FinTech growth and present its trading platform to a global audience of performance marketers.

    Affiliate World Dubai is the exclusive gathering of the top 1% of affiliate marketers, e-commerce entrepreneurs, and digital growth hackers. It will be held in Dubai for two intense days of networking, deal-making, and industry insights. With over 35 keynote speeches, Q&A sessions, and exclusive mixers, the event is the go-to platform for game-changing collaborations.

    Why Affiliates Are the Powerhouses of FinTech Growth
    In FinTech, affiliates are not just intermediaries—they are market-makers. They fuel adoption, drive high-value conversions, and build trust in a fast-moving, data-driven trading landscape. Kama Capital recognizes affiliates as its growth partners and provides them with the tools, rewards, and support they need to succeed.

    “Affiliate marketing isn’t just about generating traffic—it’s about driving real impact. Kama Capital is built for traders who demand speed, transparency, and control, and our affiliates are the key players in bringing this revolution to more traders worldwide.” – Razan, Deputy CEO, Kama Capital

    Unlike generic trading platforms, Kama Capital doesn’t just sell a service. It empowers traders to break free from outdated financial systems using AI-driven trading, high-frequency execution, and ultra-low latency performance. For affiliates, this means a high-converting product built on actual performance, not marketing fluff, empowering them to make a real impact in the industry.

    The Kama Capital Edge: Why Affiliates Choose Kama Capital
    Kama Capital offers affiliates a structured partnership program with a focus on transparency and performance, including:

    • High-Impact Trading Technology: AI-powered, lightning-fast execution, built for serious traders.
    • Industry-Leading Payouts: Competitive CPA and revenue share models that maximise affiliate earnings.
    • A Product That Converts: Kama Capital’s advanced trading platform drives engagement, and retention
    • Full Transparency and Real-Time Insights: Affiliates get real-time data, marketing support, and total clarity on earnings, ensuring they can trust the platform and feel confident in their partnership with Kama Capital.

    “The FinTech affiliate space is crowded with hype. Kama Capital cuts through the noise with a product that delivers. Affiliates don’t have to push a ‘hard sell’—they need to connect traders with a working platform.” – Elena, Chief Marketing Officer, Kama Capital.

    Those Who Are Interested Can Visit Booth E31 – Explore Partnership Opportunities.

    At Affiliate World Dubai 2025, Kama Capital aims to expand its affiliate network within the FinTech sector. The company welcomes collaborations with affiliate marketers, performance-driven media buyers, and financial influencers interested in exploring partnership opportunities.

    “Affiliate partnerships are the backbone of Kama Capital’s expansion. We don’t just give our affiliates a product—we give them a winning edge in a competitive industry. If you’re serious about earning big in FinTech, you’ll want to stop by Booth E31.” – Omar Gazy, Affiliate Manager, Kama Capital.

    Kama Capital Invites Affiliates and Partners to Shape the Future of FinTech

    Kama Capital is more than a broker—it is a disruptive force in the financial sector, challenging traditional finance and providing traders and affiliates with the tools to navigate the markets with greater control.

    Kama Capital will be available at Booth E31 at Affiliate World Dubai 2025.

    Partnership inquiries can be made through www.kama-capital.com or in person at Affiliate World Dubai 2025.

    About Kama Capital
    Kama Capital was founded in 2021 to lead a new breed of traders empowered by cutting-edge AI and technology, aiming to redefine the future of trading. Headquartered in Dubai, the company utilizes advanced machine learning, algorithmic trading, Expert Advisors, data analytics, and next-generation trading tools to equip traders with the technology, intelligence, and control necessary to transform their trading practices. Kama Capital has garnered industry recognition for its innovative approach, earning accolades such as “Fintech of the Year” from Entrepreneur Magazine, and forming strategic partnerships with Tech Crunch, Finance Magnates, Acuity, and FutureTech Con, further solidifying its position as a leader in the financial trading sector.

    For more information about Kama Capital, users can visit https://kama-capital.com

    Contact

    Head of Digital & Partnerships
    Karthik R. Arumugam
    Kama Capital
    k.arumugam@kama-capital.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/87c57458-0f5b-47f9-83ca-905aa3e801a4

    The MIL Network

  • MIL-OSI Asia-Pac: Tech park development expedited

    Source: Hong Kong Information Services

    Outlining the industries and spatial distribution of the Northern Metropolis, Financial Secretary Paul Chan said in the 2025-26 Budget that the four major trades there include information and technology (I&T); high-end professional services and modern logistics; tertiary education; and culture, sports and tourism.

    As for the Northern Metropolis’ development approach, Mr Chan said the Government is piloting a “large-scale land disposal”.

    “We are inviting the market to submit expressions of interest for three pilot areas under ‘large-scale land disposal’, with the target of commencing tendering progressively from the second half of this year.”

    The Hetao Shenzhen-Hong Kong Science & Technology Innovation Co-operation Zone, a highlight of the Northern Metropolis, will have its Hong Kong Park entering into the operation phase in 2025, Mr Chan noted.

    Specifically, the first three buildings of Phase 1 are about to be completed, and the first batch of tenants from life and health technology, artificial intelligence, data science and other pillar industries will begin to move in this year.

    In this connection, the finance chief announced that the Government has earmarked $3.7 billion to expedite the provision of infrastructure and public facilities of the Phase 1 development of the Hong Kong Park. Moreover, the Government will identify suitable land parcels for invitation of private development proposals this year, with a view to expediting the development by leveraging market forces.

    “Upon completion of the whole Hong Kong Park, its annual contribution to Hong Kong’s economy is expected to reach $52 billion, and about 52,000 job opportunities will be created.”

    Mr Chan remarked that the Hong Kong Park of the Hetao co-operation zone, together with San Tin Technopole, will provide large tracts of I&T land. In the San Tin Technopole, 20 hectares of land will be delivered in phases, starting from 2026-27, for development and operation by the Hong Kong Science & Technology Parks Corporation. The corporation is carrying out a master planning study, which is expected to be completed in the third quarter of this year.

    In addition, the Government has commenced the procedures to re-zone a 10-hectare site at Sandy Ridge in the North District for use as data centres. The re-zoning procedures are expected to finish in mid-2025, and the Government is actively making preparations for land disposal.

    The Budget also mentioned that there will be considerable output in residential units and industrial land in the Northern Metropolis over the next few years.

    Recalling that the Government has started  three major projects on second phase development for the Hung Shui Kiu/Ha Tsuen New Development Area, the remaining phase development of Kwu Tung North/Fanling North New Development Area, and the site formation and engineering infrastructure works for the first batch of land in the San Tin Technopole, Mr Chan further updated the land development progress in the Northern Metropolis in this year’s Budget.

    “This year, we will start the works of Yuen Long South New Development Area second phase development, complete the re-zoning procedures for a data park site in Sandy Ridge, and finalise land use proposals for Ngau Tam Mei as well as New Territories North New Town and Ma Tso Lung this year for commencing the environmental impact assessments and other statutory procedures.”

    The Government will also identify suitable sites in the Northern Metropolis for constructing facilities to meet conference and exhibition needs.

    As regards railway development in relation to the Northern Metropolis, the finance chief said the construction works of Phase 1 of the Northern Link, ie Kwu Tung Station, have begun for target completion in 2027.

    Meanwhile, the advance works for Phase 2 have also commenced, in order to tie in with the Northern Link Main Line’s target completion in 2034.

    Mr Chan stated that Hong Kong is also working with the Shenzhen authorities to take forward two cross boundary railway projects.

    “The investigation and design study of the Hong Kong Shenzhen Western Rail Link (Hung Shui Kiu – Qianhai) project and the detailed planning and design of the Northern Link Spur Line are expected to commence this year,” he added.

    MIL OSI Asia Pacific News

  • MIL-OSI Economics: Global automated home spending will surpass $200 billion in 2028, forecasts GlobalData

    Source: GlobalData

    Global automated home spending will surpass $200 billion in 2028, forecasts GlobalData

    Posted in Strategic Intelligence

    The automated home market is rapidly evolving, with consumers increasingly adopting devices that enhance security, energy efficiency, and convenience. Against this backdrop, the global spending on automated home devices is set to grow at a compound annual growth rate (CAGR) of 11% from $119.5 billion in 2023 to $200.8 billion in 2028, forecasts GlobalData, a leading data and analytics company.

    GlobalData’s latest Strategic Intelligence report, “Automated Home,” reveals that the top three automated home sub-categories by device revenue are smart appliances, smart speakers, and smart security. These three accounted for 34%, 28%, and 25% of the total market in 2023, respectively. Amazon, Google, and Xiaomi are the leading companies shaping the market

    The smart appliances sub-category will continue to hold the largest market share over the next five years as its growth outstrips both smart speakers and smart security.

    Shabnam Pervez, Strategic Intelligence Analyst at GlobalData, comments: “The smart home landscape is populated by a mix of established tech giants and innovative newcomers.”

    The foundation of Amazon’s automated home business is its Echo range of smart speakers. The company has built on that with acquisitions, including spending $1 billion on smart doorbell manufacturer Ring. Google, with its Nest ecosystem of automated home devices, is also a market leader. Alibaba and Xiaomi dominate the Chinese market.

    Pervez concludes: “The smart home market is dynamic and constantly evolving. As technology advances and consumer adoption accelerates, devices will continue becoming more intelligent, integrated, and accessible. The future of living is smart, and it is happening now.”

    MIL OSI Economics

  • MIL-OSI Africa: 15 million South Africans don’t get enough to eat every day: 4 solutions

    Source: The Conversation – Africa – By Stephen Devereux, Research Fellow, Institute of Development Studies

    At least 15 million South Africans suffer from food insecurity. That means they don’t have enough nutritious food to live healthy lives.

    This is due to a combination of factors, including unemployment, poverty, inequality and food system failures.

    More than 1,000 children die from malnutrition each year. This compares unfavourably with 350 child deaths from malnutrition in Brazil, which has more than three times South Africa’s population, and 269 child deaths in Colombia, which has about the same per capita income as South Africa.

    A robust indicator of chronic hunger is child stunting. Stunting in South Africa has flatlined at around 25%, or one in four children, since the early 1990s. Other middle-income countries such as Brazil and Peru have made impressive progress. Peru halved its rate from 28% in 2008 to 13% in 2016, after the president committed to reducing stunting.


    Read more: South Africa’s hunger problem is turning into a major health crisis


    How can South Africa’s government deliver on the right to food and begin the urgent process of eradicating hunger?

    We have worked on food security and food justice for many years. We’ve researched the links between social protection and hunger and between food systems and nutrition, and the cost of hunger.

    Based on this experience, our view is that food shortages are not a cause of hunger in South Africa. The country produces and imports all the food it needs. Instead, the problem is unequal access to food. While some South Africans live in a world of abundance, with no budget constraints, millions more survive below the food poverty line, unable to afford even a basic nutritious diet for their families.

    We believe that the government must deliver on the constitutional right to food and begin the urgent process of eradicating hunger. It can do this by expanding the social grant system, extending the school nutrition programme, reducing food waste, and ensuring access to land for low-income rural and peri-urban households.

    Above all, a coherent and coordinated strategy for tackling hunger is needed, led by a minister of food, following models like Brazil’s Zero Hunger initiative. In December 2024, Brazil handed over the G20 presidency to South Africa, after it launched the Global Alliance Against Hunger and Poverty. South Africa should embrace the embrace the spirit and focus of the alliance to develop its own Zero Hunger strategy.

    Four steps to end hunger

    The South African government pays out 19 million social grants a month, or 26 million if the 9 million recipients of the special social relief of distress grant are included. Without these cash transfers, poverty and malnutrition in the country would be even higher. But they are inadequate, especially in a context of high and rising food prices.


    Read more: South Africa’s fight against extreme poverty needs a new strategy – model shows how social grants could work


    Pregnant women must receive a maternal grant. Shutterstock

    Firstly, the following changes should be made to social grant payments.

    • An immediate increase in the child support grant, followed by further increases. The goal should be to get this grant, which is currently below the food poverty line at R530 a month (US$28), to R1,634 (US$34). This is the minimum amount of money needed to meet basic needs, including nutritious food, clothing and shelter.

    • Pregnant women should receive a maternal support grant from 12 weeks of pregnancy, to reduce the risk of low birth weight.

    • Social grants should increase to match inflation every year.

    Secondly, the National School Nutrition Programme, which provides one nutritious meal to all learners in poorer primary and secondary schools, has limited impact because meals are provided only on weekdays during school terms.

    The programme should be boosted in the following ways:

    • The Department of Basic Education must deliver adequate nutrition to all children in early learning programmes, all year round.

    • Programmes for school-age children should be extended to ensure that they all receive at least one nutritious meal every day, including on weekends and school holidays.

    • Adequate funding should be given to school food gardens and nutrition education. Moreover, the national school nutrition programme starts too late to address under-5 stunting. It only begins when children enter grade R, aged 5.


    Read more: Malnutrition in South Africa: how one community wants resources to be spent


    Thirdly, interventions are needed in the food system.

    • Prices of essential food items should be regulated, to keep them affordable for low-income South Africans and to encourage shifts in consumption choices towards healthier, more nutritious diets.

    • Positive dietary choices can also be promoted through the use of subsidies, discounts or vouchers on “best buy” foods, either for all consumers or for shoppers receiving social grants. They could be given vouchers for nutritious food items along with their cash transfers. Food subsidies or vouchers must include foods that are protein-rich (meat, fish, eggs, dairy), since protein is highly inaccessible to the poor.


    Read more: How do people choose what food to buy? Answers depend on what you ask – so we built a research tool for African countries


    • Government must extend social security protections to seasonal and informal workers during periods of unemployment and underemployment. Seasonal hunger requires specific attention. Seasonal farm workers – most of whom are women – have low incomes, few savings, and limited access to unemployment insurance. They face food insecurity and hunger during the off-season winter months.

    • The government’s land redistribution programme should prioritise securing access to land for poor agrarian or peri-urban households, and providing support (water, inputs, extension advice) to farm that land. This would help vulnerable groups which derive most of their food from production.

    Agrarian households (smallholder farmers, farm workers, farm dwellers) are poorer and more food insecure, especially the female-headed households who survive below the food poverty line. When farm women with food gardens have direct access to fresh vegetables, their dietary diversity improves, and they earn income by selling produce to meet their basic needs.

    Reforms are needed to bolster smallholder farmers. Shutterstock

    Lastly, steps must be take to reduce loss and waste in the food system.

    A third of food produced in South Africa, 10 million of 31 million tons, goes to waste each year. This is equivalent to 30 billion meals, in a context where an estimated 20 billion meals would be enough to end hunger. The government has committed to halving food waste by 2030, in its draft food losses and waste strategy of 2023. It must be finalised and operationalised.

    Next steps

    These interventions would cost money. And the government will argue that it is doing all it can to address hunger with the resources available.

    There are many options for raising additional resources to address the hunger crisis – as seen when the government found R500 billion (US$33 billion) to address the COVID-19 crisis in 2020.

    The government should also consider raising additional revenue by introducing a wealth tax targeting high-net-worth individuals. This could be used to increase social grants or subsidise nutritious foods.


    Read more: Urban food gardens produce more than vegetables, they create bonds for young Capetonians – study


    Finally, government needs to tackle hunger in a coordinated way. Several government departments, including agriculture, social development and health, address issues related to food security. However, no government ministry focuses specifically on hunger.

    The president should appoint a minister of food to address the hunger crisis along the lines of the special minister of electricity position established in 2023 to deal with the country’s energy supply problem.


    Read more: South Africa needs to change direction on maternal health to solve child malnutrition


    At the same time, a national food commission should be established, to monitor and coordinate all initiatives that focus on the goal of eradicating hunger.

    The government should be guided by the priorities set down by a new coalition – the Union Against Hunger – which is due to be launched on 26 February. The initiative is a coalition of civil society organisations and academics (the authors are among the founding members). It has compiled a list of 10 demands that reflect our analysis of the causes of hunger and recommended solutions. They include realising everyone’s constitutional right to food, halving child stunting by 2030 and making nutritious food accessible to all.

    – 15 million South Africans don’t get enough to eat every day: 4 solutions
    – https://theconversation.com/15-million-south-africans-dont-get-enough-to-eat-every-day-4-solutions-250700

    MIL OSI Africa

  • MIL-OSI United Kingdom: Scottish Greens call for cross-party support for cutting rail fares

    Source: Scottish Greens

    It’s time to scrap peak rail fares.

    The Scottish Greens’ transport spokesperson, Mark Ruskell MSP, is urging all MSP’s to back his party’s call for cheaper, accessible rail travel ahead of today’s Holyrood debate.

    This afternoon the party will use opposition debate time to bring forward a vote on halting the above inflation rail fare hikes coming in April and permanently removing peak rail fares.

    While in government, the party secured a scheme to remove peak fares for 12 months, but this was reintroduced last year by the SNP.

    Mr Ruskell said:

    “I hope that MSP’s from all parties will join us today in voting to lower costs for commuters and end peak rail fares for good.

    “Households and families across Scotland deserve affordable, accessible rail, especially when so many people are struggling financially.

    “Our rail fares are among the highest in Europe. ScotRail is rightfully publicly owned, but the extortionate prices that people are being made to pay totally defeats the purpose.

    “Peak rail fares are fundamentally unfair, particularly when most people have no say on when they travel to work or to study. Ending them for good will make the services more affordable and accessible for all.

    “It will encourage people to leave their cars at home, making our roads safer for walking, wheeling and cycling while utilising the most sustainable way to travel across our country.

    “Cleaner, greener and affordable public transport is a way for us to put our best foot forward for people and planet, and I hope that MSPs will embrace it today.”

    MIL OSI United Kingdom

  • MIL-OSI Global: 15 million South Africans don’t get enough to eat every day: 4 solutions

    Source: The Conversation – Africa – By Stephen Devereux, Research Fellow, Institute of Development Studies

    At least 15 million South Africans suffer from food insecurity. That means they don’t have enough nutritious food to live healthy lives.

    This is due to a combination of factors, including unemployment, poverty, inequality and food system failures.

    More than 1,000 children die from malnutrition each year. This compares unfavourably with 350 child deaths from malnutrition in Brazil, which has more than three times South Africa’s population, and 269 child deaths in Colombia, which has about the same per capita income as South Africa.

    A robust indicator of chronic hunger is child stunting. Stunting in South Africa has flatlined at around 25%, or one in four children, since the early 1990s. Other middle-income countries such as Brazil and Peru have made impressive progress. Peru halved its rate from 28% in 2008 to 13% in 2016, after the president committed to reducing stunting.




    Read more:
    South Africa’s hunger problem is turning into a major health crisis


    How can South Africa’s government deliver on the right to food and begin the urgent process of eradicating hunger?

    We have worked on food security and food justice for many years. We’ve researched the links between social protection and hunger and between food systems and nutrition, and the cost of hunger.

    Based on this experience, our view is that food shortages are not a cause of hunger in South Africa. The country produces and imports all the food it needs. Instead, the problem is unequal access to food. While some South Africans live in a world of abundance, with no budget constraints, millions more survive below the food poverty line, unable to afford even a basic nutritious diet for their families.

    We believe that the government must deliver on the constitutional right to food and begin the urgent process of eradicating hunger. It can do this by expanding the social grant system, extending the school nutrition programme, reducing food waste, and ensuring access to land for low-income rural and peri-urban households.

    Above all, a coherent and coordinated strategy for tackling hunger is needed, led by a minister of food, following models like Brazil’s Zero Hunger initiative. In December 2024, Brazil handed over the G20 presidency to South Africa, after it launched the Global Alliance Against Hunger and Poverty. South Africa should embrace the embrace the spirit and focus of the alliance to develop its own Zero Hunger strategy.

    Four steps to end hunger

    The South African government pays out 19 million social grants a month, or 26 million if the 9 million recipients of the special social relief of distress grant are included. Without these cash transfers, poverty and malnutrition in the country would be even higher. But they are inadequate, especially in a context of high and rising food prices.




    Read more:
    South Africa’s fight against extreme poverty needs a new strategy – model shows how social grants could work


    Firstly, the following changes should be made to social grant payments.

    • An immediate increase in the child support grant, followed by further increases. The goal should be to get this grant, which is currently below the food poverty line at R530 a month (US$28), to R1,634 (US$34). This is the minimum amount of money needed to meet basic needs, including nutritious food, clothing and shelter.

    • Pregnant women should receive a maternal support grant from 12 weeks of pregnancy, to reduce the risk of low birth weight.

    • Social grants should increase to match inflation every year.

    Secondly, the National School Nutrition Programme, which provides one nutritious meal to all learners in poorer primary and secondary schools, has limited impact because meals are provided only on weekdays during school terms.

    The programme should be boosted in the following ways:

    • The Department of Basic Education must deliver adequate nutrition to all children in early learning programmes, all year round.

    • Programmes for school-age children should be extended to ensure that they all receive at least one nutritious meal every day, including on weekends and school holidays.

    • Adequate funding should be given to school food gardens and nutrition education. Moreover, the national school nutrition programme starts too late to address under-5 stunting. It only begins when children enter grade R, aged 5.




    Read more:
    Malnutrition in South Africa: how one community wants resources to be spent


    Thirdly, interventions are needed in the food system.

    • Prices of essential food items should be regulated, to keep them affordable for low-income South Africans and to encourage shifts in consumption choices towards healthier, more nutritious diets.

    • Positive dietary choices can also be promoted through the use of subsidies, discounts or vouchers on “best buy” foods, either for all consumers or for shoppers receiving social grants. They could be given vouchers for nutritious food items along with their cash transfers. Food subsidies or vouchers must include foods that are protein-rich (meat, fish, eggs, dairy), since protein is highly inaccessible to the poor.




    Read more:
    How do people choose what food to buy? Answers depend on what you ask – so we built a research tool for African countries


    • Government must extend social security protections to seasonal and informal workers during periods of unemployment and underemployment. Seasonal hunger requires specific attention. Seasonal farm workers – most of whom are women – have low incomes, few savings, and limited access to unemployment insurance. They face food insecurity and hunger during the off-season winter months.

    • The government’s land redistribution programme should prioritise securing access to land for poor agrarian or peri-urban households, and providing support (water, inputs, extension advice) to farm that land. This would help vulnerable groups which derive most of their food from production.

    Agrarian households (smallholder farmers, farm workers, farm dwellers) are poorer and more food insecure, especially the female-headed households who survive below the food poverty line. When farm women with food gardens have direct access to fresh vegetables, their dietary diversity improves, and they earn income by selling produce to meet their basic needs.

    Lastly, steps must be take to reduce loss and waste in the food system.

    A third of food produced in South Africa, 10 million of 31 million tons, goes to waste each year. This is equivalent to 30 billion meals, in a context where an estimated 20 billion meals would be enough to end hunger. The government has committed to halving food waste by 2030, in its draft food losses and waste strategy of 2023. It must be finalised and operationalised.

    Next steps

    These interventions would cost money. And the government will argue that it is doing all it can to address hunger with the resources available.

    There are many options for raising additional resources to address the hunger crisis – as seen when the government found R500 billion (US$33 billion) to address the COVID-19 crisis in 2020.

    The government should also consider raising additional revenue by introducing a wealth tax targeting high-net-worth individuals. This could be used to increase social grants or subsidise nutritious foods.




    Read more:
    Urban food gardens produce more than vegetables, they create bonds for young Capetonians – study


    Finally, government needs to tackle hunger in a coordinated way. Several government departments, including agriculture, social development and health, address issues related to food security. However, no government ministry focuses specifically on hunger.

    The president should appoint a minister of food to address the hunger crisis along the lines of the special minister of electricity position established in 2023 to deal with the country’s energy supply problem.




    Read more:
    South Africa needs to change direction on maternal health to solve child malnutrition


    At the same time, a national food commission should be established, to monitor and coordinate all initiatives that focus on the goal of eradicating hunger.

    The government should be guided by the priorities set down by a new coalition – the Union Against Hunger – which is due to be launched on 26 February. The initiative is a coalition of civil society organisations and academics (the authors are among the founding members). It has compiled a list of 10 demands that reflect our analysis of the causes of hunger and recommended solutions. They include realising everyone’s constitutional right to food, halving child stunting by 2030 and making nutritious food accessible to all.

    Stephen Devereux receives funding from the National Research Foundation (NRF). He holds a Research Chair in Social Protection for Food Security, affiliated to the DSI–NRF Centre of Excellence in Food Security and the Institute for Social Development at the University of the Western Cape, South Africa.

    Busiso Moyo previously received funding from the Centre of Excellence in Food Security – UWC and the IDRC-Canada. He is affiliated with the Union Against Hunger (UAH) initiative.

    Mark Heywood previously headed Section 27, which receives funding and received funding for the Justice and Activism Hub. He is affiliated with the Union Against Hunger initiative.

    ref. 15 million South Africans don’t get enough to eat every day: 4 solutions – https://theconversation.com/15-million-south-africans-dont-get-enough-to-eat-every-day-4-solutions-250700

    MIL OSI – Global Reports

  • MIL-Evening Report: View from The Hill: the mud flies, but will the voters take much notice?

    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra

    In these scrappy days before the prime minister announces the election date, the mud and the personal insults are flying, despite the politicians knowing voters hate this sort of thing.

    On Wednesday morning TV, shadow finance minister Jane Hume, usually reasonably restrained with her language, called Employment Minister Murray Watt “king grub” of the “grubbiest people you will ever come across” – a reference to Labor’s pursuit of Peter Dutton’s past share trading. As Watt remarked, “That’s quite an accusation”.

    Hume was later on the warpath in a Senate estimates hearing, where Treasury Secretary Steven Kennedy fended off an opposition attack suggesting, in essence, that Treasurer Jim Chalmers had sought to make Treasury his political pawn.

    Dutton spent most of his Wednesday news conference pushing back on attacks on his integrity relating to his purchase of bank shares during the global financial crisis, and dealing with questions about his acquisition of an extensive property portfolio over decades.

    What the opposition dubs Labor’s “dirt unit” apparently drove the share story. The core of it is that Dutton bought bank shares just before the Rudd government announced its guarantee to ensure the financial security of the banks.

    Labor demanded to know whether Dutton had insider knowledge of the imminent guarantee through a Rudd government briefing of the opposition. Dutton, who declared the share purchase, says he had no information other than what was in the public domain.

    The story about Dutton’s property portfolio – which he has unloaded, no doubt as part of preparations in pursuit of the prime ministership – ran in Nine media. The report said

    Peter Dutton has made $30 million of property transactions across 26 pieces of real estate over 35 years, making him one of the country’s wealthiest-ever contenders for prime minister.

    Dutton was late with declaring on the parliamentary register some of the transactions.

    Nine says the story didn’t come from a Labor “dirt unit”, but it was grist for an embattled government.

    Dirt digging, mud throwing, and exploitation of the politics of envy are recurring features of election campaigns. Whether they’ll have much resonance this time is doubtful.

    The share story, going back the best part of a couple of decades, doesn’t sound like a smoking gun. We’ve heard about Dutton’s property buying before. We know he has plenty of money. Not as much, of course, as earlier PMs Malcolm Turnbull and Kevin Rudd.

    Dutton, working on the assumption these stories will be brief wonders, kept his cool.

    He hasn’t provided more details about the bank shares, relying on a general response that everything had been above board. On his property purchases, he made it clear he’s proud of his climb up the aspirational ladder since he was a “butcher’s boy” in those days when he had a job in a butcher’s shop.

    For Dutton, the mud is all in a day’s work. The attack on Kennedy is in a rather different category.

    In the run-up to an election, Treasury often finds itself in a awkward position, as a government seeks to use it, while an opposition objects. This time, Chalmers employed it to discredit the opposition’s policy to give a tax break to small businesses for taking their workers or clients to a meal.

    Treasury doesn’t cost opposition policies. So the government asked it to cost a theoretical policy that was similar to that of the Coalition. Perhaps unsurprisingly, Treasury came up with a much bigger cost than the opposition said was produced by the Parliamentary Budget Office.

    Kennedy insisted to the Senate hearing, “we do not act politically”.

    “I have behaved no differently with this government, nor have I observed the department’s behaving any differently,” he said. “I understand how the circumstances might lead you to question that, but all I can do is assure you that that has not been the case.”

    If Dutton became prime minister, would Kennedy’s position be at risk?

    It shouldn’t be. Kennedy, appointed by the Coalition, served the previous Liberal government very well and was a key figure in its ambitious economic response to the COVID pandemic. That response kept many people in jobs and the economy out of recession.

    While Kennedy was taking the flak in estimates, Chalmers had been in Washington making Australia’s case for an exemption of the Trump aluminium and steel tariffs.

    Chalmers’s visit was timely and carefully managed. The treasurer said before he left Australia he wouldn’t obtain an outcome on tariffs – it was about making Australia’s case. So when there was not an outcome, it was not a disappointment. “My task here in DC wasn’t to try and conclude that discussion, it was to try and inform it,” Chalmers told a news conference after his talks.

    Chalmers spent time with US Treasury Secretary Scott Bessent and National Economic Council Director Kevin Hassett. He said the discussion was “wider-ranging than just steel and aluminium”. Bessent also was a speaker at the superannuation summit held at the Australian embassy (a coup for ambassador Kevin Rudd as well as Chalmers).

    In his 2023 Monthly essay, Chalmers argued for the super funds to invest more widely in Australia, notably in social housing.

    At the embassy conference, Chalmers was able to look to a much wider horizon for the funds.

    The current value of Australian super fund investments in the US is around $400 billion – due to reach $1 trillion over the next decade. So, Australia’s superannuation sector has the size, scale and presence to play a big role in driving new American industries and creating jobs.

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

    ref. View from The Hill: the mud flies, but will the voters take much notice? – https://theconversation.com/view-from-the-hill-the-mud-flies-but-will-the-voters-take-much-notice-250897

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Russia: Investors will be able to purchase a historic building in the Basmanny district

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    In Basmanny district put up for auction historical building area of more than 300 square meters. This was reported by the Minister of the Moscow Government, the head of the capital’s Department of City Property Maxim Gaman.

    “Buying historical buildings in various districts of Moscow and adapting them for modern use gives investors the opportunity to implement various business ideas. For example, they can house a mini-hotel or a restaurant with signature cuisine. Thus, in the Basmanny district, an identified cultural heritage site with an area of over 300 square meters is being put up for open auction. The new owners will have to restore the 19th century building, after which they will be able to open various businesses in it,” said Maxim Gaman.

    The cultural heritage site “Main House of the City Estate (wooden) with a stone vaulted semi-basement, 1807-1810, 1819-1821 and 1879, architect P.G. Ponomarev” is located on Staraya Basmannaya Street (house 32) among historical buildings. The building is under the jurisdiction of City Property Management Center.

    “The property is located in the Basmanny district of the capital with high pedestrian traffic and developed infrastructure. The Baumanskaya metro station and the N.E. Bauman Garden are nearby. Anyone can take part in the auction. The main thing is to register on the trading platform, obtain an enhanced electronic signature and submit an application for the auction,” said Dmitry Ryabov, General Director of the City Property Management Center.

    Applications for participation in the auction will be accepted until March 3. The auction itself is scheduled for March 13. To take part in the auction, you must register onelectronic trading platform and have an enhanced qualified signature. The organizer of the auction is Moscow City Department of Competition Policy. You can find out more about this and other lots, conditions of participation and relevant documentation on the Moscow investment portal.

    The development of electronic services for entrepreneurs is being implemented within the framework of the national project “Data Economy”.

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  • MIL-OSI Russia: “Active Citizens” to Choose Name for Moscow Zoo Alpaca

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    In the project “Active Citizen” it has begun vote, the participants of which will choose a name for the new inhabitant of the Moscow Zoo – a snow-white male alpaca.

    Zoologists have suggested six options. Some of them are inspired by the Inca culture, which domesticated these animals about six thousand years ago. One of them is Inti, the name of the mythological god of the Sun. It symbolizes the warmth and fluffy wool of the alpaca, which warms like the sun’s rays.

    Another name, Pacha, translates as “Universe” and emphasizes the uniqueness of each living being. Another option is Cusco, named after the capital of the ancient Inca Empire.

    The name Zephyr conveys the soft and affectionate nature of the alpaca. In addition, he can be called Vatny Puffik in honor of his parents – mom Vatny and dad Puffik. And due to the light color of the fur, the male may be suited to the name Albert, which comes from the Latin word albus, which translates as “white”.

    The alpaca was born in the fall of 2023 in the center for the reproduction of rare animal species near Volokolamsk, becoming the firstborn in its family. At the end of last year he was transported to the children’s zoo, where he became friends with a chocolate-colored female named Zarina. They now share an enclosure and may form a couple in the future.

    The young friendly male also met other inhabitants of the zoo: Border Leicester and Ouessant sheep, Cameroon goats and a Scottish bull named Gavryusha.

    New voting organized by the capital Department of Culture and the project “Active Citizen”With its help, city residents have already chosen names for many animals, including the Malayan bears Masha, Luchik and Zvezdochka, the dolphin Lucky, the panda Katyusha and the tiger Amur.

    Luchik, Zvezdochka and Masha: “active citizens” named Malayan bear cubs from Moscow ZooHello, Lucky: “Active Citizens” Chose a Name for a Baby Dolphin from MoskvariumSobyanin: Muscovites have chosen a name for the panda cub from the capital’s zoo

    Project “Active Citizen” has been operating since 2014. During this time, more than seven million people have joined it, and more than seven thousand votes have been held. Every month, 30–40 decisions made by Muscovites are implemented in the city. The project is being developed by the capital Department of Information Technology and the State Institution “New Management Technologies”.

    The creation, development and operation of the e-government infrastructure, including the provision of mass socially significant services, as well as other services in electronic form, correspond to the objectives of the national project “Data Economy and Digital Transformation of the State” and the Moscow regional project “Digital Public Administration”.

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  • MIL-OSI Economics: APEC 2025: Korea Advances Regional Trade, AI, and Sustainability Agenda Gyeongju, Republic of Korea | 26 February 2025 Issued by the APEC Secretariat Korea kicks off its APEC 2025 host year in Gyeongju, a historic city home to numerous UNESCO World Heritage sites.

    Source: APEC – Asia Pacific Economic Cooperation

    Korea kicks off its APEC 2025 host year in Gyeongju, a historic city home to numerous UNESCO World Heritage sites. It brings together delegates from 21 economies to set the stage for a year of policy deliberations and cooperation on trade, digital transformation and sustainability.

    Against a backdrop of global economic uncertainty, this first set of meetings taking place from 24 February to 9 March, will serve as the launchpad for Korea’s forward-looking agenda — one that seeks to enhance regional connectivity, harness AI-driven growth, and accelerate the transition to a more resilient and prosperous Asia-Pacific.

    Under the overarching theme of “Building a Sustainable Tomorrow,” APEC 2025 will focus on three key priorities: Connect, Innovate, and Prosper. These pillars reflect APEC’s commitment to developing practical policies to support a resilient and interconnected future.

    “The Asia-Pacific is navigating complex challenges — supply chain disruptions, the impact of artificial intelligence on jobs and industries, and fundamental changes in the demographic landscape,” said Ambassador Yoon Seong-mee, Chair of the 2025 APEC Senior Officials’ Meeting.

    “Through APEC, we have a unique opportunity to strengthen trade and investment flows, promote resilience in supply chains, and foster innovation that is beneficial to everyone,” she added.

    Also read: Building a Sustainable Tomorrow: APEC Returns to Korea After 20 Years

    Once the capital of the ancient Silla Kingdom, Gyeongju has evolved into a dynamic modern city while preserving its rich cultural heritage — making it a fitting venue for these meetings. More than 100 events are set to take place covering issues such as investment, trade facilitation, anti-corruption efforts, energy cooperation, and digital economy policy. The city is anticipating participation from around 1,500 delegates from all around the Asia-Pacific.

    “APEC 2025 is about creating meaningful change,” said Eduardo Pedrosa, Executive Director of the APEC Secretariat. “The discussions and commitments we make this year will shape the region’s ability to tackle global uncertainties and ensure shared prosperity for all.”

    “Korea’s role as host is not just about convening meetings — it is about setting a vision for a resilient, interconnected, and innovative APEC region. We look forward to working with all member economies, businesses, and stakeholders to turn this vision into reality,” Pedrosa added.

    Notable sessions for the meetings in Gyeongju include an exhibitions on customs technologies and green customs initiatives; policy dialogues on AI governance, digital privacy, and cross-border data flows; workshops on carbon-free energy, hydrogen and fuel cell standardization, and clean energy transitions; as well as discussions on financial inclusion, structural reform, and the future of work.

    A press conference is scheduled for Sunday, 9 March, at 13:30 local time at the Gyeongju Hwabaek International Convention Center (HICO), featuring Ambassador Yoon Seong-mee and Eduardo Pedrosa. They will provide a readout on the outcomes of the meetings and outline key priorities and upcoming events for APEC 2025 in the months ahead. The time and venue are subject to change, with updates to be communicated via email and posted on APEC’s social media platforms.

    “We are at a critical juncture for the global economy and Korea is committed to making APEC 2025 a platform for real and measurable progress on economic resilience, digital transformation, and sustainability,” Ambassador Yoon concluded.

    For further details and media inquiries, please contact:  
    [email protected] 
    [email protected]

    MIL OSI Economics

  • MIL-Evening Report: New report skewers Coalition’s contentious nuclear plan – and reignites Australia’s energy debate

    Source: The Conversation (Au and NZ) – By John Quiggin, Professor, School of Economics, The University of Queensland

    Debate over the future of Australia’s energy system has erupted again after a federal parliamentary inquiry delivered a report into the deployment of nuclear power in Australia.

    The report casts doubt on the Coalition’s plan to build seven nuclear reactors on former coal sites across Australia should it win government. The reactors would be Commonwealth-owned and built.

    The report’s central conclusions – rejected by the Coalition – are relatively unsurprising. It found nuclear power would be far more expensive than the projected path of shifting to mostly renewable energy. And delivering nuclear generation before the mid-2040s will be extremely challenging.

    The report also reveals important weaknesses in the Coalition’s defence of its plan to deploy nuclear energy across Australia, if elected. In particular, the idea of cheap, factory-built nuclear reactors is very likely a mirage.



    A divisive inquiry

    In October last year, a House of Representatives select committee was formed to investigate the deployment of nuclear energy in Australia.

    Chaired by Labor MP Dan Repacholi, it has so far involved 19 public hearings and 858 written submissions from nuclear energy companies and experts, government agencies, scientists, Indigenous groups and others. Evidence I gave to a hearing was quoted in the interim report.

    The committee’s final report is due by April 30 this year. It tabled an interim report late on Tuesday, focused on the timeframes and costs involved. These issues dominated evidence presented to the inquiry.

    The findings of the interim report were endorsed by the committee’s Labor and independent members, but rejected by Coalition members.

    What did the report find on cost?

    The report said evidence presented so far showed the deployment of nuclear power generation in Australia “is currently not a viable investment of taxpayer money”.

    Nuclear energy was shown to be more expensive than the alternatives. These include a power grid consistent with current projections: one dominated by renewable energy and backed up by a combination of battery storage and a limited number of gas peaking plants.

    The Coalition has identified seven coal plant sites where it would build nuclear reactors. Some 11 gigawatts of coal capacity is produced on those sites. The committee heard replacing this capacity with nuclear power would meet around 15% of consumer needs in the National Electricity Market, and cost at least A$116 billion.

    In contrast, the Australian Energy Market Operator estimates the cost of meeting 100% of the National Electricity Market’s needs – that is, building all required transmission, generation, storage and firming capacity out to 2050 – is about $383 billion.

    What about the timing of nuclear?

    On the matter of when nuclear energy in Australia would be up and running, the committee found “significant challenges” in achieving this before the mid-2040s.

    This is consistent with findings from the CSIRO that nuclear power would take at least 15 years to deploy in Australia. But is it at odds with Coalition claims that the first two plants would be operating by 2035 and 2037 respectively.

    The mid-2040s is well beyond the lifetime of Australia’s existing coal-fired power stations. This raises questions about how the Coalition would ensure reliable electricity supplies after coal plants close. It also raises questions over how Australia would meet its global emissions-reduction obligations.

    Recent experience in other developed countries suggests the committee’s timeframe estimates are highly conservative.

    Take, for example, a 1.6GW reactor at Flamanville, France. The project, originally scheduled to be completed in 2012, was not connected to the grid until 2024. Costs blew out from an original estimate of A$5.5 billion to $22 billion.

    The builder, Électricité de France (EDF), was pushed to the edge of bankruptcy. The French government was forced to nationalise the company, reversing an earlier decision to privatise it.

    EDF is also building two reactors in the United Kingdom – a project known as Hinkley C. It has also suffered huge cost blowouts.

    Recent nuclear reactor projects in the United States have also fallen victim to cost overruns, sending the owner, Westinghouse, bankrupt.

    What does the Coalition say?

    The committee report included dissenting comments by Coalition members.

    As the Coalition rightly points out, global enthusiasm for nuclear power remains steady. The UK, France and the US all signed a declaration in 2023 at the global climate change conference, COP28, pledging to triple nuclear power by 2050.

    And in the UK and France, advanced plans are afoot to construct new nuclear reactors at existing sites.

    But even there, progress has been glacial. The UK’s Sizewell C project has been in the planning stage since at least 2012. The French projects were announced by President Emmanuel Macron in 2022. None of these projects have yet reached a final investment decision. Delays in Australia would certainly be much longer.

    The Coalition also draws a long bow in claiming Australia’s existing research reactor at Lucas Heights, in New South Wales, means we are “already a nuclear nation”.

    At least 50 countries, including most developed countries, have research reactors. But very few are contemplating starting a nuclear industry from scratch.

    At least one issue seems to have been resolved by the committee’s inquiry. Evidence it received almost unanimously dismissed the idea small modular reactors (SMRs) will arrive in time to be relevant to Australia’s energy transition – if they are ever developed.

    The Coalition’s dissenting comments did not attempt to rebut this evidence.

    Looking ahead

    Undoubtedly, existing nuclear power plants will play a continued role in the global energy transition.

    But starting a nuclear power industry from scratch in Australia is a nonsensical idea for many reasons – not least because it is too expensive and will take too long.

    In the context of the coming federal election, the nuclear policy is arguably a red herring – one designed to distract voters from a Coalition policy program that slows the transition to renewables and drags out the life of dirty and unreliable coal-fired power.

    The Conversation

    John Quiggin is a former member of the Climate Change Authority. His submission to the nuclear electricity generation inquiry was cited in the interim report

    ref. New report skewers Coalition’s contentious nuclear plan – and reignites Australia’s energy debate – https://theconversation.com/new-report-skewers-coalitions-contentious-nuclear-plan-and-reignites-australias-energy-debate-250912

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI: Bigbank’s Unaudited Financial Results for Q4 and 12 months of 2024

    Source: GlobeNewswire (MIL-OSI)

    Bigbank’s gross loan portfolio reached a record 2.2 billion euros at the end of the year, increasing by 137 million euros (+7%) quarter on quarter and by 535 million euros (+32%) year on year. The focus product lines showed solid quarter-on-quarter growth. The business loan portfolio grew by 61 million euros (+9%) to 764 million euros and the home loan portfolio by 79 million euros (+15%) to 613 million euros. The consumer loan portfolio decreased by 9 million euros (-1%) quarter on quarter to 828 million euros.

    Bigbank’s deposit portfolio grew in the fourth quarter mainly through term deposits. During the quarter, the term deposit portfolio grew by 118 million euros to 1.36 billion euros (+10%) and the savings deposit portfolio by 8 million euros to 1.03 billion euros (+1%). The Group’s total deposit portfolio grew by 127 million euros (+6%) quarter on quarter and by 456 million euros (+24%) year on year to 2.39 billion euros.

    In December, Bigbank also started offering current accounts to existing retail customers in Estonia, which will further diversify the deposit portfolio, but the balance of current accounts was still marginal at the end of 2024.

    In the fourth quarter of 2024, Bigbank earned a net profit of 4.6 million euros. Net profit for the 12 months of 2024 was 32.3 million euros. Compared to the restated results for 2023, fourth-quarter net profit decreased by 6.6 million euros and 12-month net profit by 8.3 million euros.

    In the fourth quarter, interest income grew by 5.7 million euros year on year to 43.4 million euros (+15%). Interest expense grew by 5.3 million euros to 20.1 million euros (+36%). Bigbank’s net interest income for the fourth quarter was 23.3 million euros, up 0.4 million euros year on year, and net interest income for the year was 102.4 million euros, up 6.7 million euros (+7%) year on year.

    In the fourth quarter, the credit quality of the loan portfolio remained stable. However, changes were observed in the credit quality of the loan portfolio over the course of 2024. The decline in the quality of the consumer loan portfolio, which started in the last quarter of 2023, continued in the first quarter, but the situation stabilised in the following quarters. During the year, there was also some deterioration in the business loan portfolio, where the share of past due loans increased, but due to strong collateral positions this did not have a significant impact on loss allowances. The credit quality of home loans remained very good throughout the year.

    In the fourth quarter, loss allowances for loans decreased by 0.3 million euros year on year to 4.6 million euros, but during the year loss allowances grew by 5.0 million euros to 23.9 million euros. Compared to the end of 2023, the share of stage 3 (non-performing) loans grew by 59.5 million euros and accounted for 4.9% of the total loan portfolio at the end of 2024 (+1.9 pp from the end of 2023). Compared to the end of the third quarter, the share of stage 3 loans in the total loan portfolio remained stable.

    The Group’s investment property portfolio increased to 66.4 million euros by the end of the fourth quarter (+35% from end-2023). Changes in the fair value of investment properties resulted in a loss of 1.6 million euros for both the fourth quarter and the full year. For comparison, the 12-month result for 2023 was a profit of 3.4 million euros, which included a profit of 4.4 million euros in the fourth quarter. This is also the main reason why the Group’s net profit for the fourth quarter of 2024 was 6.6 million euros lower than in the same period of 2023.

    Income statement, in thousands of euros Q4 2024 Q4 2023 12M 2024 12M 2023
    Net interest income 23,266 22,949 102,356 95,667
    Net fee and commission income 2,499 2,168 9,224 8,284
    Net income (loss) on financial assets 1,145 4,246 5,246 9,222
    Net other operating income -1,350 -1,940 -4,150 -3,626
    Total net operating income 25,560 27,423 112,676 109,547
    Salaries and associated charges -8,204 -6,345 -27,780 -24,032
    Administrative expenses -2,766 -4,025 -11,547 -15,183
    Depreciation, amortisation and impairment -2,052 -2,039 -8,349 -6,400
    Total expenses -13,022 -12,409 -47,676 -45,615
    Provision expenses (income) -1,730 4,662 -1,836 3,780
    Profit before loss allowances 10,808 19,676 63,164 67,712
    Net loss allowances on loans and financial investments -4,606 -4,896 -23,899 -18,881
    Profit before income tax 6,202 14,780 39,265 48,831
    Income tax expense -1,514 -3,432 -7,017 -7,601
    Profit for the period from continuing operations 4,688 11,348 32,248 41,230
    Income (loss) from discontinued operations 0 -18 29 -575
    Profit for the period 4,688 11,330 32,277 40,655
    Statement of financial position, in thousands of euros 31 Dec 2024 30 Sept 2024 31 Dec 2023 restated*
    Cash and cash equivalents 448,661 475,284 518,672
    Debt securities at FVOCI 22,334 14,992 15,400
    Loans to customers 2,196,482 2,059,625 1,662,002
    Other assets 110,939 87,126 91,324
    Total assets 2,778,416 2,637,027 2,287,398
    Customer deposits and loans received 2,401,689 2,274,269 1,946,314
    Subordinated notes 91,668 83,437 76,109
    Other liabilities 15,277 14,585 20,182
    Total liabilities 2,508,634 2,372,291 2,042,605
    Equity 269,782 264,736 244,793
    Total liabilities and equity 2,778,416 2,637,027 2,287,398

    Commentary by Martin Länts, chairman of the management board of Bigbank AS:

    “In 2024, Bigbank continued its strategic growth, focusing on expanding its loan and deposit portfolios and developing everyday banking services. Our loan portfolio grew to 2.2 billion euros (+32%), while our deposit portfolio reached 2.4 billion euros (+24%). The number of active customers increased by 16,600 over the year to more than 167,300. Customer satisfaction remained high, with our Net Promoter Score (NPS) at 57 points.

    One of the key achievements of the year was integration with the SEPA instant payment system and the launch of a current account in Estonia, enabling customers to send and receive payments within seconds, 24/7. This is an important step towards everyday banking services, which we plan to expand to our other markets soon.

    The main drivers of our continued growth were home and business loans – our home loan portfolio grew by 75%, while business loans increased by 32% year-on-year. The trust our customers place in us, thanks to our personalised approach, fast processes and competitive terms, confirms that we are on the right track. At the same time, we maintained attractive deposit rates and expanded our deposit offering – for example, we introduced a term deposit for retail customers in Lithuania and a savings deposit in Latvia and Bulgaria. We also launched a savings deposit for corporate customers in Latvia and Lithuania.

    Despite the declining Euribor environment and continued high deposit rates, Bigbank maintained strong profitability, generating a net profit of 32.3 million euros in 2024. This demonstrates our ability to offer competitive products and services in both the lending and deposit markets, while ensuring sustainable growth.

    In November 2024, Bigbank reached a significant milestone when the central bank of Estonia designated us as a systemically important credit institution. This decision underscores our growing role in Estonia’s financial sector and validates our strategic direction. We also carried out successful bond issues, raising 20.4 million euros in additional capital to support further expansion and strengthen our capital structure.

    I sincerely thank the entire Bigbank team for their dedication and determination. My gratitude also goes to our customers, investors and partners – your trust and support inspire us to deliver even better financial services and to grow together.”

    Bigbank AS (www.bigbank.eu), with over 30 years of operating history, is a commercial bank owned by Estonian capital. As of 31 December 2024, the bank’s total assets amounted to nearly 2.8 billion euros, with equity close to 270 million euros. Operating in nine countries, the bank serves more than 167,000 active customers and employs over 500 people. The credit rating agency Moody’s has assigned Bigbank a long-term bank deposit rating of Ba1, along with a baseline credit assessment (BCA) and an adjusted BCA of Ba2.

    Argo Kiltsmann
    Member of the Management Board
    Tel: +372 53 930 833
    Email: Argo.Kiltsmann@bigbank.ee 
    www.bigbank.ee

    Attachment

    The MIL Network

  • MIL-OSI Russia: Operators have started implementing 36 KRT projects in 2024

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    In 2024, city-appointed operators began implementing 36 integrated territorial development projects (ITD). This was reported by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    “For the comprehensive development of depressed areas, the city not only attracts investors, but also appoints KRT operators. According to 36 redevelopment projects, which operators have been implementing since last year, the construction of over seven million square meters of various real estate objects is planned. New residential buildings and public and business facilities will appear on sites with a total area of 358.9 hectares, a number of projects provide for the creation of modern production facilities. As a result, the city will receive about 106.8 thousand jobs,” said Vladimir Efimov.

    The new facilities will appear in 34 districts of the Eastern, Western, Northern, North-Eastern, North-Western, Southern, South-Eastern, South-Western, Zelenogradsky, Troitsky and Novomoskovsky administrative districts of the capital. The sites will be located near major transport facilities, including metro stations, Moscow Central Diameters and the Moscow Central Circle.

    “The KRT operators appointed by the capital will build about 3.2 million square meters of housing, including for the purposes of the renovation program. The infrastructure of residential areas will be supplemented by kindergartens for 3.1 thousand children, schools for 9.3 thousand students, sports and medical institutions. The total area of public, business and industrial facilities will be more than 3.8 million square meters. The renovated areas will appear on the site of inefficiently used areas, as well as in former industrial zones,” said the Minister of the Moscow Government, Head of the Department of City Property

    Maxim Gaman.

    New buildings for the renovation program are erected not only on specially selected and cleared sites, but also on sites that are included in the comprehensive territorial development program.

    According to the Minister of the Moscow Government, Head of the Department of Urban Development Policy Vladislav Ovchinsky, to implement the renovation program, houses will be built, the area of apartments in which will be approximately 650 thousand square meters. This will provide modern housing for about 23 thousand Muscovites. The adjacent territory will be improved: comprehensive landscaping will be carried out, areas for active recreation and sports will be equipped. For the safety and comfort of residents, video surveillance cameras will be installed and outdoor lighting will be mounted.

    According to the program of integrated development of territories, multifunctional city blocks are created, where roads, comfortable housing and all necessary infrastructure are designed on the site of former industrial zones and inefficiently used areas. Currently, 302 KRT projects with a total area of about 4.2 thousand hectares are at various stages of development and implementation in Moscow. The work is underway on behalf of Sergei Sobyanin.

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  • MIL-OSI Russia: More than 90 recreation areas appeared near new buildings under the renovation program in 2024

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    91 recreation areas have appeared near the buildings built under the renovation program in 2024. They are located in 11 districts of the city. This was reported by the Minister of the Moscow Government, the head of the capital’s Department of Urban Development Policy Vladislav Ovchinsky.

    “Last year, under the renovation program, the city built 1.3 million square meters of housing in 11 districts of the capital. Near the new buildings, 91 recreation areas for residents appeared. Thus, in the Eastern Administrative District there are 27 of them. In the north, northeast and southeast – a total of over 40. For the convenience of residents, the recreation areas in the courtyards are equipped with benches, and the pavement is made of tiles,” noted Vladislav Ovchinsky.

    Creating a high-quality urban environment is one of the main tasks of the renovation program. The courtyards of new buildings in the capital are being improved. They are being landscaped, children’s and sports grounds are being equipped there, as well as recreation areas for residents. In total, about two thousand hectares of adjacent territory will be improved under the renovation program.

    Earlier, Sergei Sobyanin said on the results of the renovation program implementation in 2024.

    The renovation program was approved in August 2017. It concerns about a million Muscovites and provides for the resettlement of 5,176 houses. Earlier, Sergei Sobyanin instructed increase the pace of implementation of the renovation program twice as much.

    Moscow is one of the leaders among regions in terms of construction volumes. High rates of housing construction correspond to the goals and initiatives of the national project “Infrastructure for life.”

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  • MIL-OSI Russia: From embroidery to pottery: “Winter in Moscow” invites you to master classes

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    This year the festival “Moscow Maslenitsa” As part of the Winter in Moscow project, in addition to traditional festivities and treats, it offers residents and guests of the capital a rich program of craft master classes. Each of them introduces ancient customs and techniques of folk crafts from all over Russia. During classes with masters, everyone will be able to master the basics of pottery, traditional embroidery techniques, wood burning, weaving and painting in different styles.

    Master classes will be held at central and district sites of the city. Admission is free, without registration.

    Joy Bird and Cardboard Balalaika on Manezhnaya Square

    The “Workshop of Russian Crafts” is open on Manezhnaya Square. On February 27 at 13:00, a master class “Bird of Joy” will be held here. Participants will learn how to create a bullfinch or a chaffinch from threads.

    On February 28 at 17:00 in the “Maslenitsa Workshop” guests will be offered to assemble a decorative accordion from paper and cardboard with their own hands. On March 1 at 13:00 on this site you can make a solar headband, on March 2 at 15:00 – create felt masks for Maslenitsa carols, and at 16:00 on the same day – assemble a balalaika from cardboard and paper.

    Sheksninskaya and Gorodets painting on Tverskoy Boulevard

    On Tverskoy Boulevard, in the neo-industry art chalet, guests learn the secrets of Dymkovo, Sheksna, Filimonovo, Permogorsk, Vladimir, Semikarakorsk, Khokhloma painting, get acquainted with the Gzhel technique and Yaroslavl majolica, and also create household items and decor in the traditional Russian style.

    On February 28 at 17:00 and March 1 at 16:00, a master class on decorating a red bag with an ornament in the style of Sheksna zolotchenka, a unique painting technique from the Vologda region, will be held here. During the class, participants will learn about the history and features of the crafts of the Russian North.

    On March 1 at 2:00 pm, anyone who wants to can paint a wooden box for a fashionable Khokhloma scarf – red, blue and black, and on March 2 at 5:00 pm, the same box will be decorated with the famous white and blue patterns from Gzhel.

    In addition, on March 2 at 15:00, visitors to the site will learn how to apply a Maslenitsa pattern to a pink stove pot in the style of Gorodets painting from the Nizhny Novgorod region. At 16:00, visitors will attend a master class on decorating a mug with Filimonov painting from the Tula region.

    Ural ceramics and honey barrel decor in ZAO

    On Matveevskaya Street, guests will be offered to sit at a potter’s wheel and mold traditional household items. The crafts can be used to decorate the house or as gifts to relatives and friends.

    On February 27 at 16:00 and 18:00, everyone will be able to create a pancake maker in the traditions of the Sverdlovsk region. In the process of working with clay, participants will master a unique molding, get acquainted with the restrained geometric ornament of Ural ceramics, and also learn the history of Sysert porcelain and Tavolozh products made of red clay, which appeared in the 17th century.

    On March 1 at 13:00 and 16:00 you can make a milk jug with a plant ornament in the style of Kuban ceramics on a potter’s wheel and get acquainted with the world of crafts of the Krasnodar region.

    At the district site in the Olympic Village on Michurinsky Prospekt, masters will teach various techniques for decorating household items. On February 28 at 15:00 and 17:00, master class participants will weave a pancake stand using a technique that came from the Kirov Region. On March 2 at 14:00 and 17:00, guests will use wood burning to decorate a honey barrel the way they do it in the Moscow Region.

    Milk mugs and candy bowl in SZAO

    At the intersection of Sokolovo-Meshcherskaya and Yurovskaya streets, there will also be a potter’s wheel. On February 28 at 15:00 and 17:00, participants in the master class will create a clay spoon in the spirit of the Skopin potters: they will master hand molding, relief patterns, and hear interesting stories about the rich craft traditions of the Ryazan region.

    Here on March 1 at 12:00, 15:00 and 18:00 guests will make milk mugs in the traditions of the Tver region and learn how local craftsmen managed to create an original style of ceramic products.

    On Mitinskaya Street on February 28 at 15:00 and 17:00 visitors will decorate a candy bowl in the style of Gorodets painting (Nizhny Novgorod Region). It is famous for its flower garlands, horses and birds, as well as contrasting contours.

    On March 1 at 13:00 and 16:00 you can paint a classic matryoshka doll from Sergiev Posad, and on March 2 at 14:00 and 17:00 you can decorate a sugar bowl with the famous Khokhloma patterns.

    Embroidery on napkins and box decoration in Zelenograd Administrative Okrug

    In the Kryukovo district on February 28 at 16:00 and 18:00 guests will decorate a box with Vyatka lace from the Kirov region. It is characterized by patterns of pointed petals and openwork lattices in the style of Dymkovo painting.

    Here on March 1 at 14:00 and 17:00 a master class on Tarusa embroidery will begin. All those who wish will create with their own hands a decorative napkin in the image of the products of famous craftswomen of the Kaluga region: with openwork white stitching, traditional plant patterns, recognizable geometric ornaments and unique seams.

    Basket for Maslenitsa in SAO

    On March 1 at 13:00 and 16:00 at the site in the Brigantina Park, everyone will master wickerwork and make Maslenitsa baskets based on the works of Penza masters. Products made from natural wicker will be decorated with characteristic geometric patterns and decor in the spirit of the spring holiday.

    Pancake plate and painted trays on Profsoyuznaya Street

    On March 1 at 14:00 and 17:00 at the Moscow Maslenitsa festival site on Profsoyuznaya Street, you can paint a plate in the style of Puchuzh painting (Arkhangelsk Region). It is characterized by smooth lines, solar symbols and patterns with peahens.

    Here on March 2 at 13:00 and 16:00 visitors will master the creative craft of Ivanovo masters and paint trays using the lacquer miniature technique.

    Painting of musical instruments in the Moskino cinema park

    In the art chalet of Maslenitsa gifts in the Moskino cinema park, you can also create decor from Russian artisans. On March 1 at 17:00, musical spoons in the style of crafts from the Perm region will be decorated with Obvin painting.

    On March 2 at 13:00, all those who wish will be able to paint a shepherd’s drum with two-color ornaments, typical for the crafts of the Kostroma region. At 15:00, there will be a lesson on the elegant decoration of a Maslenitsa rattle with Pizhemskaya painting, which came to us from the ancient northern peoples of the Arkhangelsk region.

    Details can be found on a special website.

    Pancakes and festivities: how to celebrate Maslenitsa at the venues of the Winter in Moscow projectListen to songs and enjoy pancakes: how to celebrate Maslenitsa at metro stations and river terminals

    The Moscow Maslenitsa festival was first held in the capital in 2017 and has since become traditional. In 2025, Maslenitsa will be celebrated from February 21 to March 2.

    Project “Winter in Moscow”— the main event of the season, which unites various events of the capital. Citizens and tourists are invited to remember traditions and history, warm up with tea and hot buns, go skating, watch ice shows, give gifts to people who find themselves in a difficult life situation, show care for those who need it.

    Muscovites and guests of the capital are offered a huge selection of events in the open air and in cultural and sports institutions. The atmosphere of winter traditions has engulfed the entire city – more than 1.9 thousand sites are open. The project organically included the largest festivals of the capital “Moscow Estates”, “Moscow Tea Party”, “City of Light” and many others. All information about the project and the events of the winter season can be found in a special section of mos.ru.

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    https: //vv.mos.ru/nevs/ite/150580073/

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  • MIL-OSI Russia: Nine new ground transport stops will appear in the capital and Moscow region

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    From March 1, nine stops will be added to 27 ground transportation routes. Another two will be moved to a more convenient location. The changes will take place in nine districts of the capital and the Khimki urban district in the Moscow region.

    “We are constantly developing the network of ground transportation routes on the instructions of Sergei Sobyanin and introducing new stops where necessary. We are placing stopping points near residential buildings, social facilities, rail frame stations and places of attraction. Today, there are already more than 12.5 thousand stops in Moscow, which serve about 880 bus, electric bus and tram routes,” said the Deputy Mayor of Moscow for Transport and Industry

    Maxim Liksutov.

    Where the new stops will appear:

    — “Yurovskaya Street” (for routes No. 324, 358 and 359 on Yurovskaya Street when traveling from Sokolovo-Meshcherskaya Street);

    — “Udachnoe” (for route No. 865 on Leningradskoe Shosse in the area of the Nikolai Sednin House-Museum);

    — “Bibirevo Metro” (for routes No. 282, 353, 618 and 503 at the Bibirevo metro station on Prishvina Street when traveling from Pleshcheeva Street);

    — “Bagrationovsky proezd” (for routes No. 116, 366, 470 and C369 in Bagrationovsky proezd towards Barclay Street);

    — “Valdaisky proezd” (for route No. 400 on Belomorskaya street when heading towards Smolnaya street);

    — “Miklukho-Maklaya Street” (for routes No. 145, 196, 226, 250, 261, 404, 699, 752, 816 and C13 on Miklukho-Maklaya Street when traveling from Leninsky Prospekt);

    — “Vostryakovskoye Cemetery” (for routes No. 32 and 862 on Ozernaya Street when heading towards the Moscow Ring Road);

    — “Khlebozavod” (for routes No. 446 and 504 on Admirala Kornilova Street when heading towards Institutskiy Proezd);

    — “Cinemapark” (for route No. 362 near a large shopping center in Khimki near Moscow).

    Which stops will be moved:

    — “Meshchersky Les” (for routes Sk3 and H11, it will be moved forward 90 meters and combined with the stop of the same name on Borovskoye Highway when heading to the Moscow Ring Road);

    — “Filatovskoye Shosse” (for routes No. 128, 169 and 420, it will be moved 360 meters forward and combined with the “Filimonkovskoye Shosse” stop on Filatovskoye Shosse when going to the “Filatov Lug” metro station).

    Most of the bus stops in the capital are equipped with modern pavilions. In 2024, over 2.7 thousand of them were installed on the streets of Moscow. The new type of pavilions are made of more durable and wear-resistant materials, for example, the frame is made of aluminum and stainless steel, and the benches are made of non-flammable materials. Triplex glass does not break into pieces if damaged.

    All pavilions are designed in the same style as Moscow transport. They contain light boxes with useful information about routes and stops. The roof area is increased, which allows you to comfortably wait for transport even in bad weather, lighting and video surveillance are also provided.

    In total, there are already 10 thousand modern bus stop shelters in the capital, which is more than 90 percent of the total number. In 2025, it is planned to install about 1.5 thousand more, of which more than one thousand will be manufactured at the Sokolnichesky Wagon Repair and Construction Plant (SVARZ). Last year, this enterprise assembled 1.3 thousand shelters, including the 5,000th one manufactured by SVARZ. It is installed on Mira Avenue, at the Kapelsky Pereulok bus stop.

    Today, Moscow has bus stops of various designs. The most common are standard pavilions, which are installed on routes with low or medium passenger traffic. Compact ones, with a smaller floor area, can be seen on narrow landing platforms. In places with the highest passenger flow (near metro stations, popular places and social facilities), multi-section pavilions are installed: up to 10 sections are located under one roof.

    In addition, there are tram stops, and on the narrowest platforms, instead of pavilions, there are flags indicating the routes. There are also canopies – large structures near large transfer hubs that provide comfort to passengers when transferring between ground and rail transport.

    In accordance with the objectives of the national project “Infrastructure for life” In Moscow, much attention is paid to the modernization of social and municipal infrastructure, including increasing the number of convenient public transport routes and updating the rolling stock. In addition, within the framework of the national project, the capital has begun developing the Central Transport Hub. It will become a single circuit with predictable suburban rail transport for more than 30 million residents of 11 regions of Russia.

    Why do they change routes and route numbers and what color they are marked in? You can find out Here.

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    https: //vv.mos.ru/nevs/ite/150551073/

    MIL OSI Russia News

  • MIL-OSI Australia: Value adding for the NSW economy

    Source: New South Wales Government 2

    Headline: Value adding for the NSW economy

    Published: 26 February 2025

    Released by: Minister for Lands and Property


    The NSW agency responsible for the State’s land valuation system has achieved a stunning trifecta with a move to more in-house valuations saving taxpayers $1.7 million in its first year while delivering valuations faster and to a higher quality standard.

    Value NSW previously used external contractors but has transitioned to a hybrid delivery model to boost service and reduce costs. The hybrid model is forecast to save taxpayers a further $28 million between now and 2031.

    In March 2024, Value NSW moved land valuations for four regions in-house: Central Tablelands, North Coast NSW, Hunter Coast and Sydney Coast North. Since then, Value NSW has completed almost 800,000 land valuations in-house, saving $1.7 million that would have otherwise been incurred if these valuations were outsourced.

    From March 2025, Value NSW will transition another four regions in-house: Sydney Coast South, South Coast NSW, Sydney Central West and South East Regional NSW. 

    Following this transition around 1.5 million valuations will be done annually in-house, at a combined value of about $1.4 trillion. External contractors will deliver around 1.2 million further valuations to a combined value of $1.6 trillion. 

    Land values are used by the NSW Government to assess land tax and for local councils to assess rates.

    Supplementary valuations, which occur when properties are subdivided or boundaries change, are also being completed two days faster by in-house staff compared to contractors.

    The transition has not resulted in any net job losses with Value NSW employing extra staff to make it NSW’s largest valuation employer of almost 300 people, 52% of whom are based in regional areas.  The move to in-house valuations aligns with a NSW Government directive to reduce reliance on contractors while building public sector capacity and capability.

    Minister for Lands and Property Steve Kamper said:

    “Value NSW and its staff have become true value adders for our state with more skilled public servants now serving the public faster, to a higher standard and saving taxpayers money.

    “This balanced model of both in-house and contract valuers will ensure diversity, competition and innovation in our land valuation system, which underpins almost 10% of our annual state revenue.”

    Value NSW Chief Executive Officer Stewart McLachlan said:

    “This is a great result, designed and delivered by public servants and is a credit to the delivery focus of our team at Value NSW. I’m confident these benefits will continue into the future as the model expands.”

    MIL OSI News

  • MIL-OSI USA: Grassley Pushes for Answers on UnitedHealth Group’s Medicare Advantage Billing Practices

    US Senate News:

    Source: United States Senator for Iowa Chuck Grassley

    Read more from the Wall Street Journal HERE

    WASHINGTON – Sen. Chuck Grassley (R-Iowa), Chairman of the Senate Judiciary Committee and a former Chairman of the Senate Finance Committee, sent a letter to UnitedHealth Group Chief Executive Officer Andrew Witty demanding detailed information on the company’s Medicare billing practices.

    Grassley’s letter cited reports of apparent fraud, waste and abuse at UnitedHealth Group, including efforts to diagnose enrollees with obscure revenue-generating diagnoses that were irrelevant or inaccurate. According to reporting, this resulted in $8.7 billion in extra payments in 2021 alone.

    “Despite these oversight efforts, [Medicare Advantage Organizations] continue to defraud the American taxpayer, costing them billions of dollars a year … The apparent fraud, waste, and abuse at issue is simply unacceptable and harms not only Medicare beneficiaries, but also the American taxpayer,” Grassley wrote.

    In the letter, Grassley requested UnitedHealth provide its training manuals, guidance documents, compliance program details, audit results and other documents.

    Since 2015, Grassley has pressed the Centers for Medicare & Medicaid Services and the Department of Justice to recover improper payments made to Medicare Advantage Organizations, including UnitedHealth Group.

    Text of the letter to UnitedHealth Group follows:

    February 24, 2025

    VIA ELECTRONIC TRANSMISSION

    Mr. Andrew Witty

    Chief Executive Officer

    UnitedHealth Group, Inc.

    Dear Mr. Witty:

    Twenty-five years ago, I helped shepherd Medicare Part C into law, and I have repeatedly advocated for the program.[1]  Further, since 2015, I have pressed the Centers for Medicare & Medicaid Services (CMS) and the Department of Justice (DOJ) to recover improper payments made to Medicare Advantage Organizations (MAO), including UnitedHealth Group.[2]  Despite these oversight efforts, MAOs continue to defraud the American taxpayer, costing them billions of dollars a year.[3] 

    On February 21, 2025, the Wall Street Journal published an article titled, “DOJ Investigates Medicare Billing Practices at UnitedHealth,” which reported that the DOJ launched an investigation into UnitedHealth Group’s Medicare billing practices.[4]  According to the Journal, UnitedHealth Group used in-home health risk assessments (HRA) and chart reviews to diagnose enrollees with obscure revenue-generating diagnoses that were irrelevant or inaccurate.[5]  Further, according to the reporting, the inappropriate diagnoses resulted in extra payments of $8.7 billion in just 2021.[6] 

    On October 24, 2024, the Health and Human Services Office of Inspector General (HHS OIG) released a report titled, Medicare Advantage: Questionable Use of Health Risk Assessments Continues To Drive Up Payments to Plans by Billions.[7]  The HHS OIG found that UnitedHealth Group received more money from CMS for diagnoses only made during in-home HRAs and chart reviews than any other MAO.[8]  The OIG, which reviewed all MAO enrollees, noted that, “the lack of any other follow-up visits, procedures, tests, or supplies for these diagnoses…raises concerns that either: (1) the diagnoses are inaccurate and thus the payments are improper or (2) enrollees did not receive needed care for serious conditions reported only on HRAs or HRA-linked chart reviews.”[9]  In this context, UnitedHealth Group benefited financially more than any other MAO, which raises serious questions about its practices.  The apparent fraud, waste, and abuse at issue is simply unacceptable and harms not only Medicare beneficiaries, but also the American taxpayer.  

    For Congress and the American public to better understand UnitedHealth Group’s billing practices, please provide answers to the following questions no later than March 10, 2025:

    1. What steps has UnitedHealth Group taken to review all diagnoses submitted to CMS for its Medicare Advantage enrollees (“enrollees”) that were identified only by HRAs or chart reviews (either manual or artificial intelligence) and to identify all submitted diagnoses that are obscure, irrelevant, or inaccurate?  Quantify the number and amount of inappropriate payments identified as a result of these actions.  Provide all records.[10]
    1. Provide all records that relate to the compliance program that UnitedHealth Group had in place from 2019-2024 to monitor the accuracy and appropriateness of the diagnosis codes submitted to CMS for enrollees, including the design and results of all audits conducted.
    1. Provide all training manuals and guidance documents for conducting HRAs and manual chart reviews, a list of all software used during the course of an HRA and a manual chart review, and the logic rules for all electronic decision support tools embedded in the software.  Does UnitedHealth Group use artificial intelligence to conduct the aforementioned processes?  Are all diagnoses identified by artificial intelligence confirmed by a trained medical record reviewer?
    1. Provide all policies and procedures for obtaining diagnostic confirmation from an enrollee’s primary care provider and ensuring the receipt of treatment for a new diagnosis identified by an HRA or a chart review.  Provide all documentation related to compliance audits of this process.

    Thank you for your prompt review and response.  If you have any questions, please contact Tucker Akin with my Committee staff at (202) 224-5225.

    Sincerely,

    Charles E. Grassley

    Chairman

    Committee on the Judiciary

    -30-


    [1] Thomas Oliver, Philip Lee, and Helene Lipton, A Political History of Medicare and Prescription Drug Coverage, The Millbank Quarterly (June 2004), https://pmc.ncbi.nlm.nih.gov/articles/PMC2690175/; Webpage, Cuts to the Medicare Advantage Program, Off. of Senator Charles E. Grassley (Feb. 27, 2014), https://www.grassley.senate.gov/news/video/watch/cuts-to-the-medicare-advantage-program; Letter from Senator Charles E. Grassley, Chairman, Senate Comm. on Finance, to Seema Verna, Administrator, Cntrs. for Medicare & Medicaid Srvcs. (Mar. 29, 2019), https://www.finance.senate.gov/imo/media/doc/03292019%20Medicare%20Advantage%20Letter.pdf.

    [2] Letter from Senator Charles E. Grassley, Ranking Member, Senate Comm. on the Budget, to Chiquita Brooks-LaSure, Administrator, Cntrs. for Medicare & Medicaid Srvcs. (Dec. 16, 2024), https://www.grassley.senate.gov/imo/media/doc/grassley_to_cms_-_radv_final_rule.pdf;

    Letter from Senator Charles E. Grassley, Chairman, Senate Comm. on the Judiciary, to Seema Verna, Administrator, Cntrs. for Medicare & Medicaid Srvcs. (Apr. 17, 2017), https://www.grassley.senate.gov/imo/media/doc/2017-04-17%20CEG%20to%20CMS%20(Risk%20Score%20Follow%20Up).pdf; Letter from Senator Charles E. Grassley, Chairman, Senate Comm. on the Judiciary, to Andrew Slavitt, Administrator, Cntrs. for Medicare & Medicaid Srvcs. (May 19, 2015), https://media.npr.org/documents/2015/may/grassley_cms.pdf; Letter from Senator Charles E. Grassley, Chairman, Senate Comm. on the Judiciary, to Loretta Lynch, Attorney General, Dept. of Justice (May 19, 2015), https://media.npr.org/documents/2015/may/grassley_doj.pdf.  

    [3] Medicare Advantage Provider Independent Health to Pay Up To $98M to Settle False Claims Act Suit, Dept. of Justice (Dec. 20, 2024), https://www.justice.gov/archives/opa/pr/medicare-advantage-provider-independent-health-pay-98m-settle-false-claims-act-suit; Oak Street Health Agrees to Pay $60M to Resolve Alleged False Claims Act Liability for Paying Kickbacks to Insurance Agents in Medicare Advantage Recruitment Scheme, Dept. of Justice (Sep. 18, 2024), https://www.justice.gov/archives/opa/pr/oak-street-health-agrees-pay-60m-resolve-alleged-false-claims-act-liability-paying-kickbacks.

    [4] Christopher Weaver and Anna Wilde Mathews, DOJ Investigates Medicare Billing Practices at UnitedHealth, The Wall Street Journal (Feb. 21, 2025), https://www.wsj.com/health/healthcare/unitedhealth-medicare-doj-diagnosis-investigation-66b9f1db?msockid=1979114121c76140288a04d6207560b1.

    [5] Id.; Christopher Weaver, Anna Wilde Mathews, and Tom McGinty, UnitedHealth’s Army of Doctors Helped It Collect Billions More From Medicare, The Wall Street Journal (Dec. 29, 2024), https://www.wsj.com/health/healthcare/unitedhealth-medicare-payments-doctors-c2a343db?msockid=1979114121c76140288a04d6207560b1; Anna Wilde Mathews et al., The One-Hour Nurse Visits That Let Insurers Collect $15 Billion From Medicare, The Wall Street Journal (Aug. 4, 2024), https://www.wsj.com/health/healthcare/medicare-extra-payments-home-visits-diagnosis-057dca8b?msockid=1979114121c76140288a04d6207560b1; Christopher Weaver et al., Insurers Pocketed $50 Billion From Medicare for Diseases No Doctor Treated, The Wall Street Journal (July 8, 2024), https://www.wsj.com/health/healthcare/medicare-health-insurance-diagnosis-payments-b4d99a5d?msockid=1979114121c76140288a04d6207560b1.

    [6] Weaver & Mathews, supra note 4.

    [7] U.S. Dep’t of Health and Human Services, Office of Inspector General, Medicare Advantage: Questionable Use of Health Risk Assessments Continues To Drive Up Payments to Plans by Billions, OEI-03-23-00380 (Oct. 24, 2024), https://oig.hhs.gov/documents/evaluation/10028/OEI-03-23-00380.pdf.

    [8] Id.

    [9] Id.

    [10] Records” include any written, recorded, or graphic material of any kind, including letters, memoranda, reports, notes, electronic data (e-mails, email attachments, and any other electronically-created or stored information), calendar entries, inter-office communications, meeting minutes, phone/voice mail or recordings/records of verbal communications, and drafts (whether or not they resulted in final documents).

    MIL OSI USA News

  • MIL-OSI Australia: Address to the CommsDay Regional and Remote Forum

    Source: Australian Ministers 1

    THE MOST CONNECTED CONTINENT 

    I acknowledge the Traditional Owners, the Ngunnawal and Ngambri people, and those with connections to the lands of the ACT.
     
    I pay my respects to Elders past and present, and First Nations people joining, including First Nations Digital Inclusion Advisory Group co-chair Associate Professor Lyndon Ormond-Parker.
     
    The Advisory Group continues to progress digital inclusion for First Nations people, particularly those in regional and remote Australia.
     
    In December, the Group delivered the First Nations Digital Inclusion Roadmap: 2026 and Beyond, a blueprint for government and industry as we work towards closing the digital divide.
     
    This follows the Advisory Group’s initial report to Government, which helped to inform the First Nations Community Wi-Fi Program – which has been rolled out in around 20 communities.

    Last week, I announced a contestable program to provide the next tranche of Community Wi-Fi.  
     
    We have also set up a First Nations Digital Support Hub and Network of Digital Mentors, and improved national data collection.
     
    These initiatives are making a real difference to First Nations communities, which remain some of the nation’s most digitally isolated.
     
    Of course, there is a lot more work to do – collectively – to close the digital divide.
     
    I thank the Advisory Group for their on-going commitment and progress on this, and I welcome their participation at the CommsDay Regional and Remote Forum.
     
    It is wonderful to be part of this inaugural – and very timely – forum focussed on the future of regional and remote connectivity in Australia.
     
    Thank you, Grahame Lynch, for bringing together industry, consumer advocates, and government representatives in the nation’s capital.
     
    It’s great to see so many familiar faces; I know many of you have travelled far to take part.
     
    From Forthside in Tasmania to Belyuen in the Top End, from Moruya on the NSW South Coast to Port Augusta in South Australia, from King Island to Palm Island, everywhere I travel across regional, rural and remote Australia, I see the work of building Australia’s future is gathering pace.
     
    Whether it’s Medicare, superannuation, childcare, or the National Broadband Network, Labor governments have a proud history of expanding universal access to essential services that Australians rely on.
     
    Labor founded the NBN to provide fast, reliable and affordable internet to all people in Australia, regardless of where they live.
     
    Families and businesses in our regions and suburbs should have equal access to the opportunities the NBN delivers.
     
    And Labor’s NBN is already saving households more than 100 hours and $2,580 per year in avoided travel time and costs.
     
    And we are very proud of our record on delivery.
     
    When we came into office, fewer than 300,000 premises had access to NBN fibre upgrades. Today, more than 4.3 million premises do.
     
    The Albanese Government is on track to reach our commitment of extending fibre upgrades to 5 million premises by the end of 2025 – on time and within budget.
     
    Today, there are an additional 2.7 million higher-speed plans taken up – an 80 per cent increase from when we came into office.
     
    We have delivered our $480 million upgrades to NBN Co’s Fixed Wireless and Satellite services, more than doubling average speeds.
     
    Around 800,000 households and businesses in regional, remote and peri-urban areas can now benefit from faster broadband and increased data.
     
    This includes 122,000 premises formerly in the satellite footprint.
     
    This freed up satellite capacity and enabled NBN Co to launch a Sky Muster Premium service with download speeds of up to 100 Mbps and unmetered data.
     
    This resulted in a 75 per cent surge in data consumption for active Skymuster users, delivering important economic and social benefits in health and education.
     
    Our Government is listening to the community – including through the 2024 Regional Telecommunications Review – about the importance they place on increasing minimum regulated broadband speeds to reflect today’s needs.
     
    The current legislated guarantee is for only 25Mbps download speeds, which does not reflect the growing capability of the NBN and other telecommunications networks in Australia, consumer expectations or emerging international norms.
     
    I have asked my Department to commence work on a public consultation on the pathway to increase the minimum download speed to 100Mbps.
     
    An increase over time to Australia’s regulated broadband speeds will bring Australia in line with international best practice and help to power the economy.
     
    And ensure fair and equitable access to services that better meet the needs of users in our increasingly digitally-driven economy.
     
    It’s no secret I have a passion for my portfolio.
     
    As Communications Minister, I’ve seen the transformation connectivity is having at every level of our society and economy.
     
    The difference it is making to people, businesses and communities and our regions.
     
    Building Australia’s future to be the most connected continent is more than critical infrastructure – it’s about the long-term interests of consumers.
     
    It demands forward-looking regulatory environments that facilitate competition.
     
    Over the past few years, 5G has been deployed, fibre access expanded, and low orbit satellites are providing next generation services.
     
    Yet the Universal Service Obligation remains stuck in a different era, entirely at odds with society’s needs for mobility.
     
    Introduced in the 1990s, the USO is a consumer protection to support reasonable access to landlines and payphones for people in Australia.
     
    This was a time when the voice-only ‘brick’ phone was exciting and expensive!
     
    The very first 1G phone was introduced in Australia by Telecom in 1987, retailing at a massive $4,250 or nearly $12,000 in today’s dollars.
     
    The idea of being able to walk and talk was novel. The concepts of mobile web browsing or video calling were almost non-existent.
     
    Today, mobile phones are comparatively affordable, and their use is ubiquitous.
     
    The Universal Service Obligation is as dated as those brick phones of the past.
     
    The only way to build regional Australia’s mobile future is with a modern USO, where mobile coverage is an explicit policy objective for the first time.
     
    And I am proud to say this is what Labor will deliver.
     
    The Albanese Government, if reelected, will legislate a Universal Outdoor Mobile Obligation, known as UOMO.
     
    This is about recognising, in the truest sense of the word, that mobile connectivity is an essential service.
     
    UOMO will require mobile operators to provide outdoor mobile coverage nearly everywhere in Australia where you can see the sky.
     
    This includes the around 70 per cent of our vast continent that does not have mobile connectivity. 
     
    UOMO will enable more Australians to send messages and make voice calls, including calls to Triple Zero, during emergencies and natural disasters.

    This responds to a key piece of feedback from the Regional Telecommunications Review about the need for multiple connection paths.
     
    And unlike universal landline and broadband where Telstra and NBN Co are effectively the sole providers of the obligation, an express policy objective of Labor’s Universal Outdoor Mobile Obligation is to facilitate competitive coverage.
     
    This reform will ensure up to 5 million square kilometers of new and competitive outdoor mobile coverage across Australia, including more than 37,000 kilometers of new coverage along roads and highways in regional and rural communities.
     
    Just think about what this means for the farmer out in the paddock, the injured hiker on the trail, or the distressed parent whose car has broken down.
     
    I welcome the strong endorsements of ACCAN, the National Farmers’ Federation, regional telecommunication stakeholders like the Better Internet for Regional and Rural Australia group, the Regional Telecommunications Independent Review Committee, the NSW Rural Fire Service, the First Nations Digital Advisory Council and a growing list of local and regional councils.
     
    The only mindless opposition is coming from the Coalition.
     
    The Nationals say we are going too slow.
     
    The Liberals say we should not be doing this at all or going too fast.
     
    This smorgasbord of incoherence and freewheeling incompetence is emblematic of a Liberal-National Party that does not know what it stands for.

    In contrast, the Labor Party is very clear on where we want to go.
     
    The Albanese Government will work closely with industry, regulators and stakeholders to introduce legislation in 2025, and work on this has commenced.
     
    The initial focus will be on increasing access to messaging and voice services, with a public-safety focus.
     
    We expect the voice and SMS obligation to be implemented by late 2027, with many Australians likely to benefit well before then.
     
    Given our audience here, I’d like to take this opportunity to provide further detail around the regulatory and policy context, and thank them for their participation in this reform process.
     
    Firstly, we understand this is a rapidly-developing market and our implementation timeline has been designed with regard to this.
     
    Where warranted by global supply, spectrum or capability factors, our legislation will afford mobile operators appropriate flexibility on implementation.
     
    Our Government will also engage with industry and examine incentives to promote competition objectives and public interest outcomes.
     
    As I outlined earlier, a top priority of the Government is to facilitate a healthy supply side market, that offers carriers and consumers choice.
     
    Promoting competition is an express policy feature of UOMO’s design.
     
    This aim is to bring forward investments and product partnerships, and remove market barriers to enable Australians to contact emergency services through D2D.
     
    Our policy announcement is a demand signal to global low orbit providers – we want you to expand your capability in Australia.
     
    The D2D capability is initially expected to provide baseline text messaging, then voice calls and, in time, limited mobile data.
     
    Broadly, industry is targeting the availability of D2D messaging from late this year, followed by voice from 2026 onwards.
     
    Our Government’s expectation is that these services will be well and truly in the market by late 2027.
     
    Secondly, D2D is not a replacement for terrestrial mobile networks or the USO.
     
    It will complement existing networks with a thin coverage layer, and ensure we cover as much of Australia as possible, for the benefit of all.
     
    Labor is filling a giant “black spot” that could simply never be addressed through mobile tower deployment at this scale or speed.
     
    As you are well aware, terrestrial-based network expansion can be a “law of diminishing returns” up against challenging geography and customer ratios that do not stack-up to commercial viability.
     
    The Government remains committed to existing co-investment programs, such as the Mobile Black Spot Program, and the Mobile Network Hardening Program.
     
    These programs will evolve with UOMO to deliver the best public policy outcomes for regional communities – of this I am very confident.
     
    Thirdly, I want to affirm our commitment to engagement.
     
    The expanded Universal Service Obligation framework follows two years of evidence-based groundwork, consultation and engagement.
     
    Early this term, I recognised the potential of the opportunity of LEOSat technology.
     
    I established the LEO Satellite Working Group to bring together the perspectives of global operators, Australian telcos, spectrum and engineering experts, and regional stakeholders.
     
    The Working Group, and data emerging from our LEOSat technical trials, is helping to inform our ongoing work on universal services modernisation.
     
    We have also been engaging with:

    • Global and domestic industry on D2D technology roadmaps;
    • the Australian Communications and Media Authority on radio communications spectrum considerations;
    • the Regional Telecommunications Review, local councils and the First Nations Digital Inclusion Advisory Group;
    • And, importantly, regional and remote consumers and communities.

    The Albanese Government, if re-elected, will continue this collaborative approach, working with the satellite industry, regulators, mobile network operators, consumer groups and other stakeholders as we develop, and introduce, legislation this year.
     
    Finally, we have expectations of industry around providing clear, accurate and accessible public information for consumers.
     
    Consumers need a clear understanding of the capability of D2D services and device compatibility.
     
    We are not talking about streaming Netflix from the Pilbara.
     
    I’ve been advised by industry that different devices are being rigorously tested for compatibility, and that more handsets are becoming eligible. 
     
    This is in keeping with international developments.
     
    We now have in place a more robust handset testing scheme built around the collaboration of the CommsAlliance, test labs at the University of Technology Sydney and the overarching regime administered by the ACMA.
     
    This will be leveraged to ensure consumers are better educated and receive reliable information.

    Because LEOSats orbit close to the Earth, they can provide services to mobile phones that usually communicate through terrestrial networks.
     
    Even during emergencies, when power outages impact the availability of local mobile towers, LEOSats can provide a thin layer of coverage.
     
    Last month, from Los Angeles, we saw this capability in action.
     
    As the highly destructive and deadly wildfires struck, thousands of messages were sent via D2D by thousands of people using standard unmodified devices.
     
    In the depths of crisis, people could text loved ones, neighbours, and, most importantly, emergency services – even when terrestrial networks were silenced.
     
    The public safety implications of D2D cannot be underestimated, particularly during natural disasters – which are becoming far more frequent and destructive.
     
    Closer to home, over the Summer, Australians were transfixed by the disappearance of bush walker Hadi Nazari who got lost in Kosciuszko National Park.
     
    Almost two weeks after he went missing in the unforgiving wilderness he was, thankfully, found alive.
     
    The significant search and rescue operation included a dozen SES teams, 200 personnel, more than 4000 volunteer hours and specialist aircraft.
     
    Hadi’s location could have been known within minutes with a charged mobile phone, Direct 2 Device technology, and a clear view to the sky.
     
    D2D will substantially expand opportunity for people to seek help if they are lost, injured or facing natural disasters in areas without terrestrial mobile coverage.
     
    It will give consumers more connectivity options, as mobile networks are already required to carry all Triple Zero voice calls over their networks.
     
    Early mover markets include the US and New Zealand, where we are seeing limited text to emergency services emerge as an early D2D capability.
     
    In the US, T-Mobile has opened registration for a Beta program, with priority given to first responder agencies and individuals.
     
    One New Zealand provider currently offers D2D text services across a number of premium phones. 
     
    My Department is exploring the feasibility and desirability of expanding the Triple Zero service to have message-based capability – recognising that access to Triple Zero by voice is preferred in time critical situations.
     
    It is also important that people know which devices can access D2D services, and the Government will work with the industry regulator to ensure there is clear public information on this.
     
    This is just the first step towards reform to the USO.
     
    The Department will commence consultation to inform the development of legislation, and we encourage all stakeholders to engage in that process.
     
    The Government has also sought advice on incentives and the removal of barriers to support competition outcomes and public interest objectives.
     
    That work is also underway, and if the Government is returned to office, will gather pace as this would be our top communications legislative priority for 2025.
     
    As part of this process, we will develop a roadmap for a basic data obligation, alongside voice and text as technology evolves.
     
    The Government continues to work through the recommendations of the 2024 Regional Telecommunications Review alongside progress on USO reform.
     
    Undertaken every three years, the review is an opportunity for people living and working outside major cities to share their experiences, views and expectations regarding connectivity and telecommunications services.
     
    The community response to the 2024 review represented a four-fold increase in participation on the previous review.
     
    The unprecedented interest in the work of the Regional Telecommunications Review reflects the importance placed on connectivity in these communities.

    The Committee conducted online consultations and 20 in-person sessions across Australia from Thursday Island to Geraldton, Katherine and Benalla.
     
    In total, more than 4,000 stakeholders took part and more than 3,000 survey responses were received.
     
    The Committee engaged with industry throughout the process to address issues raised during consultations and potential reform options were workshopped.
     
    I’d like to thank Committee Chair, the Honorable Alannah MacTiernan – who will be addressing the Forum this morning.
     
    As well as Committee Members Kristy Sparrow, the Honorable Fiona Nash, Dr Jessa Rogers and Ian Kelly for their extensive work, expert advice and engagement on the ground.
     
    The report’s 14 recommendations address a diverse range of telecommunications issues – from enhanced mobile coverage, consumer affordability, universal service modernisation and the role of LEOSats, through to First Nations inclusion and digital literacy.
     
    We are considering the report’s findings and recommendations and continue to work with key partners like all of you here in the room.
     
    As I noted at the outset, Labor governments have a proud history of expanding universal access and UOMO is the next important piece of architecture.
     
    Australians are proud and early adopters of technology, and we are ambitious to leverage this advantage as part of building a better future.
     
    There is tremendous activity and buzz in the communications space right now.
     
    It’s a time of reform, in-sync with incredible innovation that is making once unviable goals a reality.
     
    This Forum is shining a spotlight on the opportunities this presents for regional, rural and remote Australia.
     
    We know some of these communities face connectivity challenges their city counterparts do not.
     
    Since coming to office, we have been working hard to bridge this divide.
     
    At the last election, we took a record regional telecommunications and connectivity package to the election.
     
    Since then, the Government and NBN Co have expanded fibre access and upgraded fixed wireless, collectively enabling higher speeds to a footprint of nearly 5 million homes and businesses.
     
    Government and industry co-investment has delivered 146 local projects under our Regional Connectivity Plan.
     
    And more than 150 base stations have been built under the Mobile Black Spot Program this term.
     
    These projects have helped carry over 43 million calls, including 48,000 emergency calls.
     
    We are backing Aussie farmers and ag-tech suppliers through our hugely popular On Farm Connectivity Program, which the National Farmers Federation has singled out as one of the best Commonwealth initiatives ever for their sector.
     
    NBN Co has delivered free Community Wi-Fi for First Nations communities, and free home broadband to school kids who would otherwise go without.
     
    And just this week, we have tripled down on our ambition and optimism for the future with our announcement of a Universal Outdoor Mobile Obligation.
     
    The fact is the Albanese Government is delivering with competence, and with a Labor heart.
     
    And the biggest risk to this progress is a Liberal-National Coalition Government.
     
    Let there be no doubt that if Peter Dutton becomes Prime Minister he will privatise the NBN to pay for his $600 billion nuclear fantasy.
     
    It is Australian consumers and regional communities who will pay the price.
     
    In nine years, the Coalition took Australia back from fibre to copper, and created a new acronym for the universal access framework which they were unwilling to reform.
     
    And just before they were voted out, they sneakily tried to push up NBN wholesale prices by inflation plus three per cent on some products.

    Their new Shadow Minister – the third in three years – never once mentioned connectivity during her six years in Parliament before coming into the portfolio.
     
    And Mr Dutton will ensure the Shadow’s effective title will be the ‘Minister for Privatisation’ – not the Minister for Communications.
     
    Australia can do much better than that.
     
    I want to close by thanking the industry, consumer groups, and indeed regional and stakeholders across this portfolio for your engagement throughout this term.
     
    We have learnt much from you. We have left nothing on the field, and sought to do our best.
     
    As a marginal seat holder, and as I’ve said before previous elections, I’ll either be seeing a lot more of you or a lot less of you.
     
    And an important election contest will be fought over the coming month or two.
     
    What I do want you to know is that I and the Albanese Government genuinely value your expertise, and your voice has made a difference.
     
    Now is not a time for thinking small, looking back or aiming low.
     
    This is a time to lean-in to opportunities and forge ahead in making Australia the most connected continent.
     
    Labor is doing this with one eye on the sky, and the other watching out for what’s best for all Australians – regardless of who – or where – they are.

    Every Australian deserves access to fast, reliable and affordable connectivity.
     
    Let’s keep working together to build our future, and deliver the modern world-class communications network our country demands and deserves.
     
    Thank you.
     

    MIL OSI News