Category: KB

  • MIL-OSI New Zealand: Release: Where are the 100,000 families?

    Source: New Zealand Labour Party

    Nicola Willis has once again shown her promises are based on ghost families, with less than half registering for the FamilyBoost payments.

    “FamilyBoost has seen just 39,664 registrations – well short of the 100,000 promised by Nicola Willis at the Budget and last week,” Labour finance spokesperson Barbara Edmonds said.

    “It’s clear National wants to make it difficult for anyone to actually get this money by making it a rebate. It’s a bureaucratic nightmare – with busy parents having to find invoices or proof of payment from childcare centres and claim back the money themselves from IRD.

    “It means people must be able to afford the childcare in the first place, making thousands of families ineligible.

    “Halloween has come early for the National Party as Nicola Willis’ ghost families that do not exist strike again.

    “This is just further proof National has overcooked its tax policy.

    “Nicola Willis said for months the average family would get $250 per week then she was forced to reveal it was fewer than 3000.

    “It was disingenuous to promise huge tax relief to families, simply using made up data and not deliver it. To then use ghost families to try to sell the actual tax package is dishonest.

    “National should have made the policy universal rather than a rebate, otherwise it isn’t the relief for families struggling with the cost of living that Nicola Willis claims it is.

    “These FamilyBoost numbers are just another failure for National’s tax plan,” Barbara Edmonds said.


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    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Household spending exceeds income in June 2024 quarter – Stats NZ media and information release: National accounts (income, saving, assets, and liabilities): June 2024 quarter

    Source: Statistics New Zealand

    Household spending exceeds income in June 2024 quarter 10 October 2024 – New Zealand household saving decreased to -$479 million in the June 2024 quarter as household spending increased while net disposable income fell, according to figures released by Stats NZ today.

    Seasonally adjusted household spending increased 1.0 percent to $60 billion in the June 2024 quarter. The increase in household expenditure was driven by spending on services and non-durable goods like groceries, partly offset by a decrease in spending on durable goods like motor vehicles.

    Household net disposable income decreased 0.9 percent to $59 billion in the June 2024 quarter. Total household income decreased 0.2 percent, falling for the first time since the start of the reported series in 2016.

    Household net disposable income is the amount of money a household has once all income such as wages, interest, and child support, and income payable such as taxes have been accounted for. It represents the money available for a household to save, spend, or invest.

    Visit our website to read this news story and information release and to download CSV files:

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: New timeline for property revaluation

    Source: Auckland Council

    Auckland Council is in the process of delivering its three-yearly property revaluations, ahead of the 2025/2026 rating year.

    Ensuring there is a robust and consistent process for determining the property valuations used to set rates is vital to ensure rates are fairly shared between property owners.   

    The council, alongside our independent property valuers, are committed to ratepayers receiving values that reflect the market as at 1 May 2024 as accurately as possible.

    Auckland Council head of rates, revaluations and data management Rhonwen Heath said there is much rigour around property valuations and this year’s values will now be delivered in the new year.

    “As part of the process, the Valuer-General audits property valuations and has requested some additional work on the Auckland valuations prior to public release,” says Rhonwen.

    “This means that Aucklanders’ property valuations will now be released in early 2025, rather than late 2024.

    “The additional time we will take to get property valuations right will help Aucklanders have confidence that the values used to determine rates from 1 July 2025 have been accurately and consistently calculated.”

    Revaluation does not change the total amount of rates revenue council collects, but helps to distribute rates fairly between ratepayers.

    “The Valuer-General has very high standards, which reflects the importance of this work, and we are committed to meeting those.”

    Auckland Council appreciates the public interest in the valuations and looks forward to releasing them as soon as possible.

    For more information on Revaluation 2024, visit aucklandcouncil.govt.nz/revaluation

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Road closed, SH1, Main South Road, Selwyn

    Source: New Zealand Police (District News)

    State Highway One, Main South Road is closed following a serious crash this morning.

    Police are in attendance of a two-vehicle crash at the intersection of Breadings Road and Main South Road, reported at around 10.50am.

    One person is reported to have serious injuries.

    The road is closed, motorists are advised to follow diversions and expect delays.

    ENDS
     

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Muriwai stormwater renewals update: 30 October community meeting

    Source: Auckland Council

    Following last year’s severe weather events, Auckland Council’s Healthy Waters has been working to improve stormwater network resilience by renewing the existing network. We have been coordinating with the Tāmaki Makaurau Recovery Office to investigate stormwater management in two key areas of Muriwai that were impacted: Motutara Road and Domain Crescent.

    Change in scope of the project

    The original scope of the project had two elements:

    1. An embankment (bund) on Domain Crescent

    2. Renewing open roadside drains to increase the stormwater capacity on Motutara Road and Domain Crescent and installing sediment traps to reduce blockages and improve maintenance.

    Further investigations found that the Domain Crescent embankment needed to be bigger than originally planned, resulting in increased costs. This has led to a change in scope for this element of the project. Affected residents have been contacted by our Recovery Office staff.

    Stormwater renewals will go ahead

    The proposed stormwater renewals on Domain Crescent and Motutara Road will still happen. The project is now in the design stage. Construction is expected to begin in 2025.

    Muriwai community update

    We’d like to hear your knowledge about the existing stormwater network and to discuss the proposed stormwater renewals. The Healthy Waters project team including our designers will be available to hear your feedback and respond to your questions.

    Venue: Main Hall, The Surf Club at Muriwai

    Date: Wednesday 30 October 2024

    6pm: Refreshments 6:30pm: Presentation 7pm: Questions and answers

    For more information, please email healthywaters@aucklandcouncil.govt.nz.

    MIL OSI New Zealand News

  • MIL-OSI USA: Boozman, Cramer, Capito and Colleagues File Bicameral Amicus Brief to Overturn FHWA’s Unlawful Emissions Rule

    US Senate News:

    Source: United States Senator for Arkansas – John Boozman

    WASHINGTON – U.S. Senators John Boozman (R-AR), Kevin Cramer (R-ND) and Committee on Environment and Public Works Ranking Member Shelley Moore Capito (R-WV) led 27 of their colleagues in filing a bicameral amicus brief in the U.S. Court of Appeals for the Sixth Circuit opposing a final rule from the Federal Highway Administration (FHWA) that requires state departments of transportation and metropolitan planning organizations to measure greenhouse gas (GHG) emissions on the highway system and set declining targets for those GHG emissions. The brief requests that the Court uphold the April 2024, U.S. District Court decision finding that Congress did not grant the FHWA the authority to issue the rule.

    The brief argues Congress explicitly debated providing the FHWA the necessary authority to issue this rule, but decided against doing so in the Infrastructure Investment and Jobs Act. The FHWA then intentionally misconstrued congressional intent and used unrelated statutory authorities to attempt to justify issuing its GHG performance measure rule. The lawmakers also contend the rulemaking is inconsistent with recent Supreme Court decisions paring back executive branch overreach, and that FHWA is ignoring principles of federalism at the expense of state governments to further its own policy agenda.

    “Congress considered, and ultimately rejected, providing [FHWA] with the authority to issue a GHG performance measure regulation, but [FHWA] contorted ancillary existing authorities to impose one anyway,” the members argued. “In doing so, [FHWA] impermissibly usurped the Legislative Branch’s authority and promulgated the GHG performance measure without statutory authority delegated by Congress.” 

    “Put simply, when [FHWA] established a GHG performance measure regulation, it exceeded the powers Congress authorized. And it did so both at the expense of separation of powers and in violation of the Administrative Procedure Act,” the members continued

    Senate Republican Leader Mitch McConnell (R-KY) and Senators John Barrasso (R-WY), Mike Braun (R-IN), Katie Britt (R-AL), Ted Cruz (R-TX), Mike Crapo (R-ID), Steve Daines (R-MT), Joni Ernst (R-IA), Deb Fischer (R-NE), Lindsey Graham (R-SC), John Hoeven (R-ND), Cindy Hyde-Smith (R-MS), Cynthia Lummis (R-WY), Roger Marshall, M.D. (R-KS), Markwayne Mullin (R-OK), Pete Ricketts (R-NE), Jim Risch (R-ID), Mike Rounds (R-SD), Marco Rubio (R-FL), Rick Scott (R-FL), Tim Scott (R-SC), Dan Sullivan (R-AK), John Thune (R-SD), Tommy Tuberville (R-AL) and Roger Wicker (R-MS) – as well as U.S. Representatives Sam Graves (R-MO-06), Chairman of the Transportation and Infrastructure Committee, and Rick Crawford (R-AR-01), Chairman of the Highways and Transit Subcommittee – also cosigned the brief. 

    Full text of the amicus brief is available here.

    Background:

    Shortly after the rule was finalized, 21 state attorneys general, including Arkansas, filed litigation challenging the regulation. The U.S. District Court found the Biden administration rule to be illegal, but FHWA appealed the decision to the Sixth Circuit Court of Appeals and it remains under further consideration. 

    In April of this year, the U.S. Senate approved a Congressional Review Act (CRA) joint resolution of disapproval overturning the rule by a vote of 53-47. The bipartisan measure was led by Cramer and cosponsored by Boozman, Ranking Member Capito and dozens of their colleagues.

    MIL OSI USA News

  • MIL-OSI Australia: 217-2024: Self-Assessed Clearance (SAC) cost recovery charge: Fact sheet publication and trial updates

    Source: Australia Government Statements – Agriculture

    10 October 2024

    Who does this notice affect?

    All customs brokers, importers, self-reporting importers, freight forwarders of goods AUD $1,000 or less in value.

    What has changed?

    Fact sheets

    The department has prepared the following documents to support industry:

    1. SAC cost recovery charge: Charging fact sheet

    MIL OSI News

  • MIL-OSI Submissions: Household spending exceeds income in June 2024 quarter – Stats NZ media and information release: National accounts (income, saving, assets, and liabilities): June 2024 quarter

    Source: Statistics New Zealand

    Household spending exceeds income in June 2024 quarter10 October 2024 – New Zealand household saving decreased to -$479 million in the June 2024 quarter as household spending increased while net disposable income fell, according to figures released by Stats NZ today.

    Seasonally adjusted household spending increased 1.0 percent to $60 billion in the June 2024 quarter. The increase in household expenditure was driven by spending on services and non-durable goods like groceries, partly offset by a decrease in spending on durable goods like motor vehicles.

    Household net disposable income decreased 0.9 percent to $59 billion in the June 2024 quarter. Total household income decreased 0.2 percent, falling for the first time since the start of the reported series in 2016.

    Household net disposable income is the amount of money a household has once all income such as wages, interest, and child support, and income payable such as taxes have been accounted for. It represents the money available for a household to save, spend, or invest.

    Visit Statistics NZ’s website to read this news story and information release and to download CSV files:

    MIL OSI

  • MIL-OSI Economics: Verizon’s Value Brands offers support to customers impacted by Hurricane Milton

    Source: Verizon

    Headline: Verizon’s Value Brands offers support to customers impacted by Hurricane Milton

    ALPHARETTA, GA – In response to Hurricane Milton’s forecasted impact on Florida, Verizon’s Value brands, including Straight Talk, Tracfone, Total Wireless, Simple Mobile, Walmart Family Mobile, Net10, GoSmart, Page Plus, and Verizon Prepaid are providing an initial relief offer to help affected customers.

    We are extending service end dates to October 23, 2024 for customers in the following Florida counties using Straight Talk, Tracfone, Total Wireless, Simple Mobile, Walmart Family Mobile, Net10, GoSmart, and Page Plus:

    Alachua, Brevard, Charlotte, Citrus, Clay, DeSoto, Flagler, Gilchrist, Glades, Hardee, Hernando, Highlands, Hillsborough, Indian River, Lake, Lee, Levy, Manatee, Marion, Okeechobee, Orange, Osceola, Pasco, Pinellas, Polk, Putnam, Saint Johns, Saint Lucie, Sarasota, Seminole, Sumter, Volusia.

    Verizon will also waive domestic call, text, and data usage for Verizon Value Prepaid customers in the same counties.

    Customers do not have to take any action to take advantage of the offer.

    MIL OSI Economics

  • MIL-OSI USA: Congressman Valadao Requests Answers for Central Valley Small Businesses

    Source: United States House of Representatives – Congressman David G Valadao (CA-21)

    WASHINGTON –  Today, Congressman David G. Valadao (CA-22) sent a follow-up letter to IRS Commissioner Danny Werfel regarding delays in processing Employee Retention Tax Credit (ERTC) claims, a program created during the COVID-19 pandemic to help businesses keep people employed. In January of this year, Congressman Valadao wrote to Commissioner Werfel requesting answers and expressing concerns over the IRS’ significant issues with processing and payment of ERTC claims.

    Congressman Valadao highlighted the lack of communication from the IRS that has frustrated many small business owners: 

    “Businesses with legitimate ERTC claims deserve prompt processing and payment of their claims. Unfortunately, the IRS has not yet communicated the status of these claims or outlined the process for the analysis needed to complete their processing and payment,” Congressman Valadao wrote.

    While the IRS has made progress since the Congressman’s initial letter to investigate fraud and pay eligible claims, there are still thousands of small businesses waiting for their claim to be processed and paid:

    The ERTC program was designed to provide crucial relief to businesses during the pandemic. While the steps the IRS has taken in recent months are essential for addressing these claims, I am concerned that the IRS response has been inadequate,” Congressman Valadao wrote.

    Congressman Valadao requested answers from the IRS on the current steps they’re taking to address these claims, including:

    • Will the IRS consider extending the 30-day period for taxpayers who received a disallowance letter to submit a protest? If not, why not?
    • How is the IRS reviewing the 60 to 70 percent of claims that have moderate level of risk? How is the IRS communicating the status of these claims with taxpayers?
    • In August, the IRS announced that 50,000 low-risk claims were moving into processing. Of these claims, how many have been paid?
    • Is the IRS working through ERTC cases that the Taxpayer Advocate Service is sending?

    Read the full text of the letter here.

    ###

    MIL OSI USA News

  • MIL-OSI USA: PHOTOS: Capito Visits New Clendenin Elementary, Hosts Girls Rise Up Event

    US Senate News:

    Source: United States Senator for West Virginia Shelley Moore Capito
    CLENDENIN, W.Va. – U.S. Senator Shelley Moore Capito (R-W.Va.), today visited Clendenin Elementary School where she toured the new school and later hosted a West Virginia Girls Rise Up event with special guest, Dr. Liberty Vittert Capito, a statistician, political commentator, TV show host, and Professor of Data Science.
    “After years of working to secure resources and wait for construction to be completed, I am so glad that Clendenin students, faculty, and staff have a wonderful facility to call their own. We will never forget the 2016 floods and the destruction it caused, but this new school is an important milestone in our recovery and proves the resilience of West Virginians,” Senator Capito said. “I was also excited to bring my Girls Rise Up message—with the help of Liberty—to Clendenin and inspire the next generation. I am confident that these students are dedicated to setting new goals and achieving them, and I can’t wait to see what they accomplish.” 
    “It’s such an honor to get to stand in front of the future of West Virginia with Senator Capito’s Girls Rise Up Program. These young girls will help to shape our state and this program shows them how they can truly be and do anything they want to if they set their minds to it. I can’t wait to see what they do in the future,” Dr. Liberty Vittert Capito said.
    “I am thrilled to have the opportunity to host Senator Shelley Moore Capito and bring the Girls Rise Up event to Clendenin Elementary. I feel that all females benefit from seeing strong, trailblazing women, and hearing their stories of resilience and determination to achieved their dreams. I believe that we as women should embrace every challenge as an opportunity to grow, and let our passion be the guiding light on our journey,” Clendenin Elementary School Principal Gurski said.
    ON SENATOR CAPITO’S SUPPORT FOR CLENDENIN ELEMENTARY:
    As a leader on the Senate Appropriations Committee, Senator Capito has worked diligently with state partners at the Federal Emergency Management Agency (FEMA) and through consultation with local leaders in Clendenin over the years to secure needed resources for Clendenin to recover from the 2016 flooding. Senator Capito announced funding awards in December 2023 and June 2020 to help rebuild the school. Today’s visit marked Senator Capito’s first time viewing the newly completed elementary school since it opened.
    ON SENATOR CAPITO’S GIRLS RISE UP PROGRAM:
    Senator Capito launched the West Virginia Girls Rise Up program in 2015 to instill confidence in young West Virginia women and empower them to be strong and kind female leaders. The program focuses on three areas: education, fitness, and self-confidence. Joining Senator Capito in hosting the Girls Rise Up event was Liberty Vittert Capito, who is a statistician, political commentator, TV show host, and Professor of Data Science at the Olin Business School at Washington University in St. Louis. Today’s event marks the 33rd event since the program’s launch in 2015.
    Photos from today’s visit are below:

    U.S. Senator Shelley Moore Capito (R-W.Va.) hosts a West Virginia Girls Rise Up event with Dr. Liberty Vittert Capito at Clendenin Elementary School in Clendenin, W.Va. on Wednesday, October 9, 2024.

    U.S. Senator Shelley Moore Capito (R-W.Va.) hosts a West Virginia Girls Rise Up event with Dr. Liberty Vittert Capito at Clendenin Elementary School in Clendenin, W.Va. on Wednesday, October 9, 2024.

    U.S. Senator Shelley Moore Capito (R-W.Va.) hosts a West Virginia Girls Rise Up event with Dr. Liberty Vittert Capito at Clendenin Elementary School in Clendenin, W.Va. on Wednesday, October 9, 2024.

    U.S. Senator Shelley Moore Capito (R-W.Va.) tours the new Clendenin Elementary with Dr. Liberty Vittert Capito and speaks with students in Clendenin, W.Va. on Wednesday, October 9, 2024.

    U.S. Senator Shelley Moore Capito (R-W.Va.) with Dr. Liberty Vittert Capito and Clendenin Elementary School officials outside the new Clendenin Elementary School in Clendenin, W.Va. on Wednesday, October 9, 2024.

    MIL OSI USA News

  • MIL-OSI USA: Cramer, Luckey Meet with UND Students and Faculty

    US Senate News:

    Source: United States Senator Kevin Cramer (R-ND)
    ***Click here to download media resources.***
    GRAND FORKS, N.D. – Following today’s fireside chat at the 18th annual Unmanned Aerial Systems (UAS) Summit and Expo, U.S. Senator Kevin Cramer (R-ND) and defense entrepreneur and founder of Anduril Industries, Palmer Luckey, participated in a townhall with students at the University of North Dakota (UND). The discussion focused on the topic of how small, nimble defense companies like Anduril are “rebooting the arsenal of democracy.” 
    “As a member of the Senate Armed Services Committee, I appreciate smart investment,” said Cramer. “This is why I love Palmer Luckey. I brought him to the University of North Dakota because we need innovators who can match the speed of China, doing it cost-effectively and at a scale that can win wars. This is where the opportunity rests in our challenge, how do we unleash the innovators? I enjoyed visiting with UND students and faculty to emphasize the importance of spurring real investment in our capabilities, while fostering a culture of innovation and ingenuity.” 
    “Unmanned Aerial Systems (UAS) are transforming modern conflict,” said Palmer Luckey, Founder of Anduril Industries. “Transforming the way we fight requires an approach to capability development and adoption that is more closely aligned with the commercial market than the traditional defense industrial base. I am honored to join Senator Cramer at this year’s UAS Summit and Expo, and enjoyed the opportunity to engage with UND faculty and students who continue to drive progress in this critical field.”

    The pair then met with UND President Dr. Andrew Armacost and faculty to discuss what companies like Anduril look for in recent college graduates and ways UND can foster an environment of student innovation. Additionally, they emphasized ways to support creativity by shaking up the status quo of traditional educational design.
    Before the townhall, Cramer and Luckey spoke at the UAS Summit, where they highlighted how policymakers can break through tradition to unleash the potential of private sector and startups like Anduril while encouraging the government to match the speed of business. The defense missions in North Dakota play a pivotal role in strengthening national security and maintaining the United States’ nuclear deterrence capabilities. As a member of the Senate Armed Services Committee, Cramer has brought several national defense and industry leaders to experience the innovative defense ecosystem in Grand Forks such as Director of the Space Development Agency Derek Tournear and E-Space Founder and CEO Greg Wyler.
    Cramer has been working to attract several new missions to Grand Forks, including a temporary relocation of B-1 Bombers at Grand Forks Air Force Base (GFAFB), as well as counter UAS test missions. He has also advocated for the GFAFB to receive a Collaborative Combat Aircraft (CCA) mission in the future.

    MIL OSI USA News

  • MIL-OSI USA: Cramer Hosts Anduril Founder Palmer Luckey at 2024 UAS Summit, Receives UAS Sky Pioneer Award

    US Senate News:

    Source: United States Senator Kevin Cramer (R-ND)
    ***Click here to download media resources. ***
    GRAND FORKS, N.D. – The 18th annual Unmanned Aerial Systems (UAS) Summit and Expo takes place this week in Grand Forks, with hundreds of UAS industry leaders and policymakers from across the country gathering in North Dakota. 
    U.S. Senator Kevin Cramer (R-ND), member of the Senate Armed Services Committee (SASC), attended this year’s summit with entrepreneur Palmer Luckey, founder of Anduril Industries, a global defense technology company with the mission to transform U.S. and allied military capabilities with advanced technology. The Pentagon recently awarded Anduril a $250 million contract to counter drone attacks against U.S. forces. 
    In addition to attending the summit, Cramer was presented with the UAS Sky Pioneer Award, recognizing his commitment to UAS development, research, and deployment in North Dakota and across the nation.
    “What’s inspirational about Palmer Luckey is not just his story of accomplishment, but how he got there,” said Cramer. “I just learned he still has the family farm in Minnesota, which explains a lot about his pioneering spirit. Palmer is also inspirational because he could have taken all of his brain power, all that talent, and charming personality and applied it to a lot of things that could make him wealthy. But he chose, as a patriotic American, to invest in national defense by rebooting our arsenal of democracy. I’m honored to attend this year’s summit with my friend, a true pioneer, Palmer Luckey.”
    “Unmanned Aerial Systems (UAS) are transforming modern conflict,” said Palmer Luckey, Founder of Anduril Industries. “Transforming the way we fight requires an approach to capability development and adoption that is more closely aligned with the commercial market than the traditional defense industrial base. I am honored to join Senator Cramer at this year’s UAS Summit and Expo, and enjoyed the opportunity to engage with UND faculty and students who continue to drive progress in this critical field.” 

    Cramer introduced Luckey for a fireside chat, where they discussed how policymakers can break through tradition to unleash the potential of private sector and startups like Anduril while encouraging the government to match the speed of business.

    In April, the United States Air Force named Anduril as one of the two vendors funded for the next phase of the service’s Collaborative Combat Aircraft (CCA) drone program. As the Ranking Member of the Seapower Subcommittee, Cramer visited Anduril’s headquarters in southern California where he had the opportunity to directly experience the company’s large and extra-large autonomous underwater vehicles. Cramer also saw Anduril’s CCA submission, Fury, a high-performance, multi-mission group 5 autonomous air vehicle. 

    MIL OSI USA News

  • MIL-OSI USA: Kaptur, Manning, Moskowitz, Titus, Stansbury Lead Letter Urging Speaker Johnson To Call House Back Into Session To Vote On Emergency Disaster Relief Funding

    Source: United States House of Representatives – Congresswoman Marcy Kaptur (OH-09)

    Toledo, Ohio — Today, Congresswoman Marcy Kaptur (OH-09), led 61 of her colleagues in a letter alongside Congresswoman Kathy Manning (NC-06), Congressman Jared Moskowitz (FL-23), Congresswoman Dina Titus (NV-01), and Congresswoman Melanie Stansbury (NM-01), urging House Speaker Mike Johnson (LA-04) to bring the U.S. House of Representatives back into session to approve necessary funding for the Federal Emergency Management Agency (FEMA) and the Small Business Administration (SBA) to fulfill their Hurricane Helene and Milton relief missions. Recent legislation has provided initial relief funds, but falls critically short of what will be necessary to address the scale of destruction and the recovery needs for Fiscal Year 2025.
     
    Other signers of the letter include Representatives: Nanette Barragan (CA-44), Don Beyer (VA-08), Julia Brownley (CA-26), Yadira Caraveo (CO-08), Troy Carter (LA-02), Sheila Cherfilus-McCormick (FL-20), Steve Cohen (TN-09), Gerry Connolly (VA-11), Lou Correa (CA-46), Joe Courtney (CT-02), Angie Craig (MN-02), Jasmine Crockett (TX-30), Jason Crow (CO-06), Diana Degette (CO-01), Suzan DelBene (WA-01), Mark DeSaulnier (CA-10), Debbie Dingell (MI-12), Veronica Escobar (TX-16), Maxwell Frost (FL-10), Sylvia Garcia (TX-29), Dan Goldman (NY-10), Josh Gottheimer (NJ-05), Eleanor Holmes Norton (DC-00), Val Hoyle (OR-04), Jared Huffman (CA-02), Glenn Ivey (MD-04), Jonathan Jackson (IL-01), Hank Johnson (GA-04), Sydney Kamlager-Dove (CA-37), Barbara Lee (CA-12), Mike Levin (CA-49), Zoe Lofgren (CA-18), Jennifer McClellan (VA-04), Wiley Nickel (NC-13), Brittany Pettersen (CO-07), Katie Porter (CA-45), Delia Ramirez (IL-03), Kim Schrier (WA-08), Bobby Scott (VA-03), Eric Sorensen (IL-17), Darren Soto (FL-09), Abigail Spanberger (VA-07), Greg Stanton (AZ-04), Haley Stevens (MI-11), Tom Suozzi (NY-03), Eric Swalwell (CA-14), Emilia Sykes (Oh-13), Mark Takano (CA-39), Shri Thanedar (MI-13), Jill Tokuda (HI-02), Paul Tonko (NY-20), Lori Trahan (MA-03), Juan Vargas (CA-52), Gabe Vasquez (NM-02), Maxine Waters (CA-43), Jennifer Wexton (VA-10), Nikema Williams (GA-05), and Frederica Wilson (FL-24).
    “We write to you amidst a season marked by unprecedented natural disasters and increasingly severe weather events that have left communities across our nation in dire need of additional and comprehensive disaster relief funding,” wrote the Members. “The funds previously allocated were a necessary first step, allowing for an initial response to the immediate aftermath of these disasters. However, as recovery efforts continue, it is abundantly clear that these funds will not suffice.”
     
    “As representatives of the American people, it is our duty to ensure that every community has the resources to recover and rebuild in the wake of devastation. This is not merely a matter of policy but a profound obligation to the citizens we serve, who depend on their government for support in their most critical times of need,” the Members continued. “Therefore, we strongly urge you to bring the US House of Representatives back into session to approve the necessary funding that will empower FEMA and the SBA to fulfill their disaster relief missions. Our communities cannot wait, and we must act swiftly to provide them with the assurance that their government will stand by them.”
     
    A full copy of the letter can be found by clicking here, or reading below:
     
    Dear Speaker Johnson, 
     
    We write to you amidst a season marked by unprecedented natural disasters and increasingly severe weather events that have left communities across our nation in dire need of additional and comprehensive disaster relief funding.
     
    Recent legislation has provided initial relief funds, yet these provisions fall critically short of what will be necessary to address the scale of destruction and the recovery needs for Fiscal Year 2025. We, therefore, urge you to immediately reconvene the US House of Representatives so that it can pass robust disaster relief funding. 
     
    The funds previously allocated were a necessary first step, allowing for an initial response to the immediate aftermath of these disasters. However, as recovery efforts continue, it is abundantly clear that these funds will not suffice.
     
    Furthermore, the frequency and intensity of these extreme weather events are a clarion call for proactive measures. The Federal Emergency Management Agency (FEMA) must be equipped not only to respond to current disasters but also to adequately prepare for future events. This requires substantial funding that ensures FEMA can maintain a state of readiness and provide immediate assistance when disasters strike. Additionally, the Small Business Administration disaster relief loan program must be replenished as soon as possible to help business owners rebuild their enterprises and communities.
     
    As representatives of the American people, it is our duty to ensure that every community has the resources to recover and rebuild in the wake of devastation. This is not merely a matter of policy but a profound obligation to the citizens we serve, who depend on their government for support in their most critical times of need.
     
    Therefore, we strongly urge you to bring the US House of Representatives back into session to approve the necessary funding that will empower FEMA and the SBA to fulfill their disaster relief missions. Our communities cannot wait, and we must act swiftly to provide them with the assurance that their government will stand by them.
     
    Thank you for your attention to this urgent matter. We hope for your leadership in reconvening the House and ensuring that our nation is prepared to meet the challenges posed by natural disasters. 
     
    Sincerely,

    # # #

    MIL OSI USA News

  • MIL-OSI Australia: Speech – Australian Technology Network 25th Anniversary Gala Dinner

    Source: Australian Executive Government Ministers

    Rankings are in the media today. And I have said this before, but I will say it again.

    When I think about the best universities in Australia, I don’t look at rankings.

    I look at what they do.

    And when I do that I see universities like you.

    Universities that are the real deal when it comes to fairness and opening the doors of opportunity.

    When it comes to helping more people from poor families and the regions to get a crack.

    Things that are important to me.

    On average only about 15 per cent of university students are from poor families.

    Across your six universities combined, it’s much higher than that.

    At universities like Newcastle, it’s as high as 24 per cent. At the University of South Australia, 25 per cent.

    That sort of university doesn’t just change the lives of the students they teach.

    It ricochets through generations.

    They transform communities.

    And I am going to give Newcastle a plug again, because there is no better example of that than their Open Foundation program.

    It’s been running now for 50 years.

    A free program that helps people who aren’t ready for uni to be ready.

    About 70,000 people in the last 50 years.

    One in five people who get a degree from Newcastle Uni today start with one of these free courses.

    People like Jennifer Baker.

    Jennifer was a mum at 19. She worked in hospitality for 10 years. One day, just by chance, she saw an ad in the paper for one of these free courses.

    Now she’s got a science degree, an honours degree, a PhD and a Fulbright scholarship.

    She’s a computational medicinal chemist.

    That’s what these courses do. That’s what I call a great university.

    And that’s what I am trying to replicate across the country with the legislation in the Parliament right now, that massively expands these Fee-Free Uni Ready Courses.

    This is supported by a funding injection in the Budget of an extra $350 million.

    I know you are doing a lot of the heavy lifting already.

    Reforms like this, and the ones to come, are because I want you to do even more.

    Of course, it’s not just equity that binds you together or makes you great.

    You can see it in your name.

    The ATN was formed 25 years ago from the five largest Institutes of Technology. And you are still focused on that mission.

    Still doing the heavy lifting when it comes to producing engineers in this country.

    But what makes you great in my eyes isn’t just what you are doing here at home.

    It’s what you are taking to the world.

    I am talking about the campuses you have set up around the world – from India to Vietnam, Singapore to Malaysia to Indonesia.

    You get that international education isn’t a one way street.

    That it shouldn’t just be about students coming here to study, but it can also be about taking what we do to them.

    Almost every one of you are doing this.

    And that tells me this a group of universities that doesn’t just expect things to happen, you go out and make it happen.

    There’s a bit happening at the moment.

    The international education legislation is being debated in the Senate this week.

    The first of the Accord Bills is being debated in the House.

    That’s the one that uncaps funding for those free university ready courses. It also wipes about $3 billion of student debt for three million Australians and introduces the Commonwealth prac payment.

    The second of the Accord Bills – the Bill that establishes a National Student Ombudsman, has just passed the House.

    I will also introduce legislation to establish a National Higher Education Code to Prevent and Respond to Gender-based Violence.

    And before the end of the year I will also set out the details of the next stage of the Accord.

    What the Australian Tertiary Education Commission will look like. And the details of managed growth and needs based funding.

    And that’s just higher ed.

    There is also legislation in the House to implement the 15 percent pay rise we announced for early educators a few weeks ago.

    And tomorrow I will introduce legislation to increase funding to our public schools.

    To remove the ceiling that stops the Australian government providing more than 20 percent of the funding needed for public schools, and make it a floor.

    To help finish the job that David Gonski started more than a decade ago.

    And to tie that funding to the sort of reforms that are needed to help more young people from poor families and from the regions to finish school and knock on your door.

    None of these reforms are easy.

    All of them are hard.

    And all of them are necessary.

    If we are going to really build a better and a fairer education system, these are the sorts of things we have to do.

    And you are an important part of that.

    You know like I do how important all of this is.

    That education is the most powerful cause for good in this country.

    That it’s the greatest tool we have to build a country where your chances in life don’t depend on who your parents are, where you live or the colour of your skin.

    A country that the Prime Minister describes as a place where no one is held back and no one is left behind.

    We can be that country.

    And our education system can make it real.

    But that means serious reform.

    The sort we are doing now.

    And more.

    And it will be better because of your input.

    Thank you for the work you do and for the constructive role you have played for the last 25 years.

    I look forward to continuing to work with you as we build a better and a fairer education system for all Australians.

    MIL OSI News

  • MIL-OSI Australia: Opinion piece: Modernising Merger Approvals to bring them into the 21st century

    Source: Australian Treasurer

    Boosting competition has been one of the cornerstones of the Albanese government’s economic plan ever since we came to office.

    This week we’re taking another big step towards making our economy more competitive, by introducing the single biggest reform to Australia’s mergers law in 50 years to parliament.

    Our new merger rules will improve how these types of deals are approved across the board.

    They will make the system faster, stronger, simpler, more targeted and more transparent.

    They will also create certainty for businesses that have been forced to navigate an unclear and antiquated merger system for decades.

    Under our current merger approvals regime, businesses that are looking to merge don’t know if they need to notify the competition regulator, when they need to notify the competition regulator and how to best go about it.

    This will all change under the new regime.

    We will set clearly defined monetary thresholds that will determine whether a merger needs ACCC approval before proceeding.

    There will be 3 key thresholds.

    Firstly, any merger will be looked at if the Australian turnover of the combined businesses is above $200 million, and either the business or assets being acquired has Australian turnover above $50 million or global transaction value above $250 million.

    Secondly, the ACCC will look at any merger involving a very large business with Australian turnover more than $500 million buying a smaller business or assets with Australian turnover above $10 million.

    Finally, to target serial acquisitions, all mergers by businesses with combined Australian turnover of more than $200 million where the cumulative Australian turnover from acquisitions in the same or substitutable goods or services over a 3-year period is at least $50 million will be captured, or $10 million if a very large business is involved.

    Land acquisitions involving residential property development and certain commercial property acquisitions won’t be included to avoid clogging up the system with simple land acquisitions unless they are captured under other notification requirements.

    In addition, the legislation provides flexibility to allow the Treasurer to adjust and calibrate the thresholds to respond to evidence-based concerns from the ACCC about high-risk mergers, like in the supermarket sector.

    These thresholds are all about striking the right balance between creating a rigorous and robust regime that can capture all risky mergers without calling in every merger. The thresholds will be reviewed 12 months after coming into effect, to ensure they are working as intended.

    The new system will allow the ACCC to review all the mergers that they have been typically concerned about, not just some.

    It will take a more targeted approach that allows the ACCC to focus its efforts on the mergers that really matter.

    We want to see the majority of mergers approved quickly, so the ACCC can focus on the minority that give rise to competition concerns. The ACCC has committed to this, with an expectation around 80 per cent of mergers will be approved in 15 to 20 business days.

    That’s because we understand that most mergers have genuine economic benefits and are an important feature of any healthy, open financial system.

    Last year, over 1,400 mergers were recorded, at a value of around $300 billion.

    They can attract capital, re‑tool businesses and improve the uptake of new technologies.

    They can allow businesses to achieve greater economies of scale and scope, to access new resources, technology and expertise.

    This can flow through to consumers via greater product choice and quality as well as lower prices.

    But some mergers can cause serious economic harm.

    This can happen when businesses are not interested in improving profitability by lifting productivity.

    When they’re solely focused on squeezing out competitors to capture a larger percentage of the market.

    This can strangle innovation, reduce productivity in our economy and punish consumers with reduced choice.

    We’ve developed this legislation and these thresholds through detailed consultation.

    We’re especially grateful for the input from the Expert Advisory Panel, comprising Kerry Schott, David Gonski, John Asker, Sharon Henrick, John Fingleton, Danielle Wood and Rod Sims.

    We’re also genuinely thankful for all the discussions and consultation we have held with businesses, the competition regulator, and the broader community, about the legislation.

    As an example, we heard concerns about aspects of our draft legislation from the business community, including that parts of the review process were still too time‑consuming, and businesses wouldn’t be able to access the evidence the ACCC relied on when making its decision.

    We’ve addressed these issues in the updated Treasury Laws Amendment (Mergers and Acquisitions Reform) Bill 2024 we will introduce into Parliament on Thursday.

    The Bill clarifies and provides certainty on timelines for ACCC assessment and limits the ability of the ACCC to stop the clock at various stages of the assessment process.

    The Bill also now allows discretion for the Australian Competition Tribunal to permit parties to provide new information if relevant to the ACCC determination and they didn’t have a reasonable opportunity to make submissions during the ACCC’s review.

    These new targeted and balanced merger rules are part of the Albanese Labor Government’s substantial and broad competition reform agenda, which is all about creating a more dynamic, more productive and resilient economy.

    They build on actions we’ve already taken, like revitalising National Competition Policy with states and territories, abolishing 500 nuisance tariffs, our reforms to boost competition in the supermarket sector, and productivity enhancing reforms to planning and zoning around the country.

    This agenda will help expand choices, lift living standards and grow our economy.

    It will help ensure that our people, businesses and industries are beneficiaries of the opportunities before us in the defining decade ahead.

    This article was first published as Government has listened to concerns on merger law reform in The Australian Financial Review.

    MIL OSI News

  • MIL-OSI Australia: Transcript – TODAY Show

    Source: Australian Executive Government Ministers

    ALEX CULLEN: The New South Wales and South Australian Government will today hold a Social Media Summit focusing on the danger it poses to younger users.

    Joining us to discuss today’s headlines is Education Minister Jason Clare and 2GB’s Chris O’Keefe. Good morning lads, thank you so much for being with us.

    Minister, let’s start with you. This as new data revealed almost every Aussie primary school student is on social media. They love it, it’s extremely concerning.

    JASON CLARE, MINISTER FOR EDUCATION: It really is, and anyone who’s a mum and dad with children in primary school or high school knows the damage that this social media cesspit can do to our kids. I see it as a parent as well. We’ve seen already the difference that we can make when you ban a mobile phone in schools. We banned mobile phones in schools starting this year right across the country, and it’s having a massive impact, you know, kids are more focused in the classroom, they’re having more fun in the playground.  

    Alex, teachers are telling me that the playgrounds are noisier at lunchtime this year than they were last year because kids don’t have their heads down looking at phones like zombies in the playground, they’re playing with their friends, they’re running around.

    But when the school bell rings at the end of the day, the phones are turned back on and they’re back in that cesspit of social media that has all of that mental health impact on our kids, as well as I’ve got reports that tell me it has a massive impact on their studies as well, if you spend a lot of time on social media after school, then it affects how you go at school.

    And so that’s why the work that Michelle Rowland is doing, the Minister for Communications, in setting a national minimum age for access to social media’s so important, and the work that New South Wales and South Australia are doing today is an important part of that.

    CULLEN: Yeah, too right. Minimum age limit, Chris, at 18, what do you think?  

    CHRIS O’KEEFE: That’s probably a bit high, but, well, 14, 16, whatever it is, just go and do it, they don’t need to do a summit, a victory lap, keep talking about it, getting everyone around tables and, you know, the Labor Governments all around Australia effectively saying, “How good are we, we’re cracking down on social media?” That’s what this is about.

    There would be no parents, no teachers, very few people in society who believes what we’re doing with social media now is the right way forward. There needs to be a minimum age limit. Just get on and do it.

    CULLEN: Yeah, too right. My kids especially, I don’t want them on social media until they’re a lot older, let me tell you.

    But the Australian Education Union has been accused of putting kids last after imposing an immediate ban on the roll out of the Better and Fairer Schools Agreement.

    Minister, let’s bring you in. The AEU says your reforms will short change public schools and increase teachers’ workload. What do you say to that?

    CLARE: Today I’m going to introduce legislation into the Parliament, Alex, to increase funding for public schools, but I want to tie that funding to real and practical reforms to help our children.

    The crux of this is that at the moment the percentage of young people finishing high school’s going backwards, and it’s particularly happening in our public schools. Seven or eight years ago, 83 per cent of students finished high school, now it’s dropped to 73 per cent, and if we’re going to fix that, we’ve got to go all the way back to the start when kids are really young when they’re starting primary school, identify children who are starting behind or falling behind and make sure that we intervene with practical reforms like catch up tutoring. So you get children out of a classroom of 25 or 30, put them in a classroom with three or four, and we know that if you do that right, then children can catch up, they can learn as much in six months as they’d normally learn in 12 months.

    I’ve got $16 billion I want to invest to increase funding for our public schools, but I want to invest it in these practical reforms so we can help children right across the country to catch up when they’re little, and keep up, have more people go on and finish high school and go on to TAFE or go to uni.

    CULLEN: Okay, Chris, just as we [indistinct].

    O’KEEFE: Can we just be honest here for a second, and people might not want to hear this, but at what point are teachers going to hang a big mirror in their staff rooms and think, are we the problem here?

    Because there’s got to be some accountability. You’ve never had children dumber. You’ve got one in three kids who are failing NAPLAN when it comes to numeracy and literacy. That’s not good enough in a country like Australia. The classrooms have never had more money in them. The Governments have never spent more on education, yet our kids have never been dumber.

    So you can draw a straight line and say to yourselves, okay, who is responsible for this? It’s not the Government. Is it the parents? Well, the teachers like to say so, but maybe it’s the teachers.

    So at what point is the union movement and the teachers’ cohort more broadly going to sit with themselves and look, and say, well, are we going to take some accountability here?

    Is it have we got something to answer for? Whenever you raise that, “Oh, no, no, no, but teachers are hard working”. I’m not saying they’re not hard working; I’m just saying they might not be doing a very good job.

    CULLEN: Jason?  

    CLARE: I’m not going to attack our teachers, they do the most important job in the world.

    O’KEEFE: No, of course you’re not, but it’s true. Nobody wants to confront this problem, Minister.

    CLARE: No, and Chris, don’t talk down our kids either, they’re not dumb. But the challenge that we’ve got here, and NAPLAN data shows it, is that one in 10 children are below the minimum standard we set for literacy and numeracy, but kids from poor families and kids from the bush, and Indigenous kids, it’s one in three.

    Now here’s a statistic that will scare you: only 20 per cent of those kids that are behind when they’re little, when they’re eight, have caught up by the time they’re 15. That’s why I say you need practical reforms here that we know work.

    O’KEEFE: And the teachers are holding you over a barrel and trying to stop these reforms from happening, and I think it’s shameful.

    CLARE: Well, and I’m determined to act, and I’ve got $16 billion to invest in these reforms to help to make sure that more children catch up and keep up    

    O’KEEFE: But then why   but why as a government and a Minister are you not going to call out the teaching profession, and more broadly the unions, and say, “Hey guys, not good enough”.

    CLARE: I disagree fundamentally with what the union is arguing, but I back our teachers every single day, because they do such an important job. Many teachers out there, if you ask them, will back these reforms. They grab me every single day and say, “Keep going mate”.

    CULLEN: It’s tough, I know, it’s tough for teachers.

    O’KEEFE: [Indistinct] though don’t they?

    CULLEN: Thank you, you two, always interesting. Jason, Chris, thanks so much, boys

    MIL OSI News

  • MIL-OSI Australia: ACCC welcomes introduction of merger reform bill, prepares for implementation

    Source: Australian Competition and Consumer Commission

    The ACCC today welcomed the introduction of the Treasury Laws Amendment (Mergers and Acquisitions Reform) Bill 2024 into the Australian Parliament, which if passed through the Parliament will provide the ACCC with fit for purpose tools targeted at identifying and preventing anti-competitive mergers.

    “This marks a significant milestone in the process of reforming Australia’s merger laws,” ACCC Chair Gina Cass-Gottlieb said.

    If passed by the Parliament, the new legislation will represent a major change for the ACCC, business and the Australian community. In anticipation of the new legislation coming into effect, the ACCC has today issued a statement of goals to outline its approach to implementing the new regime and to reduce uncertainty during the transition.

    “The ACCC is committed to the successful implementation of these reforms, if passed by parliament, to ensure that transactions that may adversely affect competition are subject to adequate scrutiny based on the risks raised, and to provide a more efficient and transparent process for businesses and for the wider community,” Ms Cass-Gottlieb said.

    This contrasts to the current situation where only a small proportion of the estimated 1,000 – 1,500 mergers that occur each year are notified to the ACCC and around 93 per cent of those that are voluntarily notified are assessed on a confidential basis.

    “Part of making these reforms a success will be ensuring businesses have clarity on their obligations, the timeframes they can expect, and other key aspects of the process,” Ms Cass-Gottlieb said.

    “Our statement of goals is the first step in signalling how we will implement these reforms and outlines what merger parties and stakeholders, including customers and suppliers to merger parties, should expect.”

    The new system will provide for greater transparency of the mergers the ACCC is reviewing and the reasons on which decisions are based. This will enable the wider community, including consumers and small businesses, to comment on mergers relevant to them.

    It will also result in a more efficient and faster process and more certain timelines for businesses seeking clearance, with new obligations on the ACCC to complete decisions within legislated timeframes.

    The ACCC expects about 80 per cent of mergers will be cleared within 15 to 20 business days.

    Under the new regime, the ACCC will enhance its economic and data analysis to further drive and inform its decision making.

    “The ACCC will take a risk-based approach, with resources prioritised to acquisitions more likely to harm the community,” Ms Cass-Gottlieb said.

    Subject to the passage of the legislation, the new regime will come into effect from 1 January 2026 but will also allow for merger parties to start using the new merger regime on a voluntary basis from 1 July 2025.

    The ACCC will consult on and publish guidelines on the transition period to ensure stakeholders are well informed about the options available to them during this period and have open channels available for merger parties to seek guidance.

    The ACCC has also previously announced it will renew and expand its Performance Consultative Committee to advise on the ACCC’s merger review functions as well as the broad range of the ACCC’s responsibilities.

    The committee will consist of a range of stakeholders including consumer, business, and legal representatives.

    Background:

    Reforms to Australia’s existing merger laws were announced by the Treasurer in April 2024. The Treasurer’s announcement was welcomed by the ACCC.

    The ACCC first released proposed merger reforms at the Law Council in 2021. ACCC Chair Gina Cass-Gottlieb commenced her term in 2022 and has continued to advocate for merger reform including at the National Press Club in April 2023.

    The ACCC’s submissions to the Treasury Competition Review, which includes detailed analysis and argues the case for reform can be found here: https://www.accc.gov.au/inquiries-and-consultations/accc-submissions-to-external-consultations#toc-mergers-

    MIL OSI News

  • MIL-OSI Australia: Historic reforms for a more competitive economy enter Parliament

    Source: Australian Treasurer

    Today the Government will introduce landmark reforms to Parliament to overhaul Australia’s merger rules, another big step towards further boosting competition and productivity in our economy.

    This legislative package is the biggest reform to Australia’s merger settings in almost 50 years.

    It will create a regime that more efficiently and effectively targets mergers that are anti‑competitive, while allowing mergers that are pro‑competitive to proceed faster.

    The Treasury Laws Amendment (Mergers and Acquisitions Reform) Bill 2024 delivers the merger reforms we announced in April, and will make our merger approval system faster, stronger, simpler, more targeted and more transparent.

    This Bill will bring Australia’s merger system into the 21st century and make it easier for the majority of mergers to be approved quickly, so the Australian Competition and Consumer Commission (ACCC) can focus on the minority that give rise to competition concerns.

    We understand that most mergers have genuine economic benefits and are an important feature of any healthy, open financial system but some mergers can cause serious economic harm.

    Under the new regime, there will be a mandatory notification system for mergers above certain thresholds and the ACCC will be the decision maker on approvals.

    There will be three key thresholds:

    1. Any merger will be looked at if the Australian turnover of the combined businesses is above $200 million, and either the business or assets being acquired has Australian turnover above $50 million or global transaction value above $250 million.
    2. The ACCC will look at any merger involving a very large business with Australian turnover more than $500 million buying a smaller business or assets with Australian turnover above $10 million.
    3. To target serial acquisitions, all mergers by businesses with combined Australian turnover of more than $200 million where the cumulative Australian turnover from acquisitions in the same or substitutable goods or services over a 3 year period is at least $50 million will be captured, or $10 million if a very large business is involved.

    These thresholds will allow the ACCC to focus its efforts on the mergers that really matter. The thresholds will be reviewed 12 months after coming into effect, to ensure they are working as intended.

    Land acquisitions involving residential property development and certain commercial property acquisitions won’t be included to avoid clogging up the system with simple land purchases unless they are captured by additional targeted notification requirements.

    In addition, the legislation provides flexibility to allow the Treasurer to adjust and calibrate the thresholds to respond to evidence‑based concerns from the ACCC about high‑risk mergers, like in the supermarket sector.

    This power, combined with the thresholds, will allow the ACCC to review all the mergers that they have been typically concerned about.

    Using this provision, the Government intends to make sure the ACCC is notified of every merger in the supermarket sector.

    Reviewing every supermarket merger is part of the decisive action our Government is taking to help Australians get fairer prices at the checkout. We want to make sure supermarket mergers don’t come at the cost of Australians, families and pensioners getting a fair price on their grocery bills.

    The Government intends to use this designation power to get the competition regulator to review purchases of an interest above 20 per cent in an unlisted or private company, if one of the companies involved in the deal has turnover more than $200 million.

    The Government will also consider targeted notification requirements for sectors such as fuel, liquor and oncology radiology.

    We consulted widely on these thresholds and the legislation, including with consumers, businesses, the agriculture sector, legal practitioners, investors, academics and industry associations.

    Subject to the passage of legislation, the new system will come into effect from 1 January 2026, with businesses able to make voluntary notifications under the new regime from 1 July 2025.

    This legislation will improve competition in our economy, which means higher quality choices for consumers and fairer prices.

    It builds on our substantial competition agenda including revitalising National Competition Policy with the states and territories, abolishing 500 nuisance tariffs, our reforms to the supermarket sector, and productivity enhancing reforms to planning and zoning around the country.

    The Albanese Government is focused on tackling cost of living pressures now and building a more dynamic, more productive, and more resilient economy. Making our economy more competitive is critical to these goals.

    MIL OSI News

  • MIL-OSI United Kingdom: More than £14 million in joint government and industry funding to boost innovation and working conditions in freight

    Source: United Kingdom – Government Statements

    Funding will provide more parking for HGVs, better conditions for lorry drivers and support UK businesses to take advantage of the latest technology.

    • lorry drivers will enjoy better rest areas, more parking and improved security thanks to over £12 million in joint government and industry funding
    • funding comes as nearly £2 million also announced to drive innovation and decarbonise freight
    • investment will help strengthen the UK supply chain, support jobs, and get the UK back on track to growth

    More green e-cargo bikes will deliver parcels to people’s doorsteps and better truckstops will help relieve local congestion, thanks to a £14 million boost from both government and industry to drive innovation in freight and improve working conditions. 

    Today (10 October 2024), Future of Roads Minister Lilian Greenwood revealed the 23 successful applicants of up to £4.5 million from the government to improve truckstops and working conditions for lorry drivers.  

    From Immingham Lorry Park in Lincolnshire to Embassy Truck Park in Kent, the upgrades include 430 new lorry parking spaces to relieve local congestion by helping reduce the number of large trucks parking in town centres or on the side of the road. 

    The investment will also help build better dining, changing and rest facilities, as well as new CCTV and secure fencing to boost welfare and security for lorry drivers.  

    The funding is from the third year of the HGV parking and driver welfare grant scheme, which will come in addition to £8 million from industry, for a total funding boost of £12.5 million to improve truckstops.

    This investment comes on top of £1.8 million from the government for 10 small and medium enterprises (SMEs) to trial new groundbreaking technology for decarbonising freight and driving innovation in the sector. 

    Examples of groundbreaking ideas that will become reality include TUAL working with Wincanton to trial high performance powerbanks for electric lorries, and Innervated Vehicle Engineering working in partnership with Asda to retrofit hydrogen power to small delivery vans.

    This funding is the third tranche of the department’s Freight Innovation Fund Accelerator Programme, a £7 million government investment across 3 years to support the freight sector in deploying AI and automation to improve the way trains, lorries, vans, and ships carry parcels and goods. 

    Today’s measures will help the government achieve its core mission of getting the country back on track for growth. They will improve working conditions for lorry drivers while pioneering innovation and sustainability across freight to strengthen the UK’s supply chain and support jobs across the country.  

    The announcement comes ahead of the International Investment Summit which will gather UK leaders, high-profile investors and businesses from across the world to discuss how we can deepen our partnership to drive investment and growth.

    Future of Roads Minister, Lilian Greenwood, said: 

    Freight is a crucial engine of our economy and it is only right we do all we can to improve working conditions, pioneer innovation and drive sustainability across the industry. 

    Our funding, combined with investment from the industry, will ensure lorry drivers can enjoy safer parking, a proper rest and a warm meal, while supporting UK businesses to harvest the best of technology to move freight faster, decarbonise our supply chain, and grow the economy for all.

    Today’s £12.5 million for truckstops follows £31 million in previous joint government and industry funding as part of earlier application windows.  

    Together with National Highways Lorry Parking Facilities Improvements Scheme, this takes the total joint investment from the department and the sector to improve lorry roadside facilities to up to £64 million. 

    The funding will be spread across England to ensure all lorry drivers in the country can benefit from better roadside facilities and better working conditions, while supporting local jobs and economic growth. 

    Director of Policy and Public Affairs at the Road Haulage Association, Declan Pang, said:

    We are delighted to see funding allocated to drive improvements to standards and capacity at lorry parks and truck stops across England.

    The grant scheme continues to be a very welcome commitment from government and the industry to bring about much-needed improvements for lorry drivers who are a vital workforce in keeping the country’s supply chains moving. We look forward to seeing the impact of these investments in improving conditions and driver welfare.

    The Freight Innovation Fund is providing highly successful in fostering industry investment, as UK businesses from the first year of the fund have so far raised £97 million in additional capital to fund their innovative projects. 

    Delivered by Connected Places Catapult, the Freight Innovation Fund will give SMEs access to technical and business support from the organisation to develop new groundbreaking projects. 

    Chief Executive Officer at Connected Places Catapult, Erika Lewis, said:

    Building on the success of the Freight Innovation Fund to date, I’m very pleased to welcome a third cohort of high potential innovators onto the Accelerator.

    This programme gives bespoke support to SMEs, working hand-in-hand with industry as they trial their solutions in real-world environments. By supporting new ideas in freight, we are helping to unlock the sector’s potential to be greener and more efficient.

    Roads media enquiries

    Media enquiries 0300 7777 878

    Switchboard 0300 330 3000

    Updates to this page

    Published 10 October 2024

    MIL OSI United Kingdom

  • MIL-OSI Australia: Albanese Government introduces legislation to increase funding for public schools

    Source: Australian Ministers for Education

    The Albanese Government has today introduced legislation to increase funding to public schools across Australia.

    This legislation is all about enabling governments to fully fund our public schools and tie that funding to reforms to help students catch up, keep up and finish school.

    Over the last eight years the percentage of students finishing high school has declined, from 83 per cent to 73 per cent in public schools.

    We need to turn around and that’s what this legislation is about.

    At the moment, non-government schools are funded at the level David Gonski set, or they are on track to get there, or they are above it and coming back down to it.

    But most public schools aren’t.

    The Commonwealth Government provides 80 per cent of the Schooling Resource Standard (SRS) funding for non-government schools and the State and Territory Governments provide the other 20 per cent.

    For public schools it’s the reverse. The Commonwealth provides 20 per cent of the SRS funding, and the States and Territories are supposed to provide another 75 per cent. That means there is at least a five per cent gap.

    The Better and Fairer Schools (Funding and Reform) Bill 2024 amends the Australian Education Act 2013 (the Act) and enables the Commonwealth to lift its share of funding to public schools above 20 per cent.

    The legislation removes the funding ceiling that stops the Commonwealth providing more than 20 per cent of funding to public schools and turns that into a funding floor.

    This means the 20 per cent will become the minimum, not the maximum, the Commonwealth contributes to public schools.

    This legislation will enable the Government to fully fund public schools in Western Australia, Tasmania and the Northern Territory, and any other jurisdictions that sign on to the Albanese Government’s public school funding offer in the Better and Fairer Schools Agreement (BFSA).

    The BFSA is a 10-year agreement that ties new funding to practical reforms to help lift student outcomes, sets targets and improves school funding transparency.

    Greater funding certainty will be provided to jurisdictions and public schools by:

    •    setting a minimum ‘funding floor’ for Commonwealth funding contributions to public schools at 20 per cent from 2025, and 40 per cent for the Northern Territory from 2029
    •    locking in Commonwealth funding for public schools so it cannot go backwards
    •    increase transparency and accountability of how school funding is being spent 
    •    requiring the Minister to report each year to Parliament on the progress of national school education reform.

    The Albanese Government has put $16 billion of additional investment for public schools on the table.

    If delivered, this would represent the biggest extra investment in public education by the Australian Government in this country’s history.

    This legislation will enable additional funding to flow to the states and territories who have signed up to the BFSA.

    The Albanese Government will continue to work with the remaining states and territories to fully fund government schools across Australia.

    If a state or territory does not sign on to the Government’s public school funding offer, the current funding arrangements will continue for another 12 months.

    Quotes attributable to Minister for Education Jason Clare:

    “At the moment, the maximum the Commonwealth Government can provide to public schools is 20 per cent of the Schooling Resource Standard.

    “This Bill turns that maximum into a minimum. It turns that ceiling into a floor.

    “It enables the Commonwealth government to ratchet up funding for public schools.

    “This important legislation allows the Albanese Government to deliver more funding to public schools and tie that funding to practical reforms to help students catch up, keep up and finish school.”

    MIL OSI News

  • MIL-OSI United Kingdom: New scheme to attract investment in renewable energy storage

    Source: United Kingdom – Government Statements

    Long Duration Electricity Storage investment support scheme will boost investor confidence and unlock billions in funding for vital projects

    • Government will unlock investment opportunities in vital renewable energy storage technologies to strengthen energy independence, create jobs and help make Britain a clean energy superpower. 

    • New scheme will remove barriers which have prevented the building of new storage capacity for nearly 40 years, helping to create back up renewable energy. 

    • Increasing long duration storage capacity could lead to billions in system savings, helping reduce bills.

    The UK is a step closer to energy independence as the government launches a new scheme to help build energy storage infrastructure. 

    This could see the first significant long duration energy storage (LDES) facilities in nearly four decades, helping to create back up renewable power and bolster the UK’s energy security. 

    These technologies work like giant batteries by storing renewable energy and releasing it onto the grid and into homes when needed. This includes pumped storage hydro, which stores electricity by pumping water up a reservoir, to be released later. 

    By having a steady supply of clean, home-grown energy, these projects would strengthen the UK’s energy independence, and protect consumers from volatile global gas markets. 

    However, barriers including high upfront costs – despite low operating costs – have held back investment in this critical infrastructure.  

    The investment support scheme announced today will boost investor confidence and unlock billions in funding for vital projects which will help create thousands of jobs and deliver clean power as the country accelerates to net zero.   

    This comes days before the government’s set-piece International Investment Summit which is poised to put the UK back at the global table – kickstarting a decade of economic renewal and giving business confidence and opportunity to invest in the United Kingdom. 

    Energy Minister, Michael Shanks, said: 

    We are wasting no time in unlocking Britain’s vast renewable potential by expanding wind and solar power. But we also need to increase our ability to store this energy for when the sun isn’t shining, or the wind isn’t blowing. 

    We’re reversing a legacy that has seen no new long duration storage built for 40 years – and taking steps to unleash private investment in both established and new technologies.  

    With these projects storing the surplus clean, homegrown energy produced from renewable sources, we can boost our energy security by relying less on fossil fuels, protect household bills, and help deliver our key mission to make Britain a clean energy superpower. 

    The announcement follows a consultation held earlier this year which proposed a ‘cap and floor’ scheme to encourage LDES investment. A cap and floor model would provide a guaranteed minimum income for developers, in return for a limit on revenues. Ofgem has agreed to act as regulator and delivery body and the scheme’s first round is expected to be open to applicants next year. 

    Great Britain currently has 2.8GW of LDES across four existing pumped storage hydro schemes in Scotland and Wales, which already play a significant role in powering the country. 

    Other technologies include liquid air energy storage, compressed air energy storage and flow batteries, which are currently in development and would benefit from investor support. 

    Analysis has found that deploying 20GW of LDES could save the electricity system £24 billion between 2025 and 2050, reducing household energy bills as additional cheaper renewable energy would be available to meet demand at peak times, which would cut reliance on expensive natural gas. 

    Meanwhile, the National Electricity System Operator has estimated that a total of 11.5 to 15.3 GW of LDES will be required by 2050 to achieve net zero. 

    Several projects are currently under development and with some expected to be operational by 2030, and the introduction of an investment support scheme will help deliver them.   

    A similar cap and floor scheme is used for electricity interconnectors which connect Great Britain’s grid with other countries. Introduced in 2014, no floor payments have been made but developers have shared revenues with consumers.   

    Ofgem will design the investment support scheme and under these proposals, it will be split into two application routes, with one focusing on mature technologies, while another will be dedicated to new innovation. 

    This is the latest step in the government’s mission for clean power and energy security, building on the confirmation last week of major funding for two carbon capture sites in Merseyside and Teesside, to create thousands of jobs and attract £8 billion of private investment.  

    It also follows the launch of Great British Energy, lifting the ban on onshore wind and delivering a record number of clean energy projects through its renewables auction – all part of the plan to protect billpayers from volatile energy price spikes driven by fossil fuels.   

    Beatrice Filkin, Director of Major Projects at Ofgem said:  

    We are pleased to see the government’s publication today on its plans for long duration electricity storage. Unlocking investment in this important technology is another significant step towards decarbonisation of the  the power system.  

    We are looking forward to continuing to work closely with government as we take on the role of regulator and investment support scheme delivery body for the sector. 

    Notes to editors 

    • a cap and floor scheme provides revenue support to developers should their gross annual margin (the difference between the revenues from selling electricity back to the grid, and the cost of charging) fall below a set threshold known as the “floor”

    • floor levels are set low to minimise the likelihood of their use, while still providing comfort to investors that operators can meet debt payments in the unlikely scenario that revenues are much lower than forecast. They are not high enough for the asset owners to make a profit (when considering the cost of debt), so there is no incentive for them to seek floor payments – they are merely a form of insurance    

    • in return for consumers underwriting this risk, a revenue cap ensures that LDES asset owners must share some or all profits above a certain level 

    • this announcement follows a consultation on proposals to enable investment in LDES which closed in March 2024. The full response will be published on GOV.UK 

    • the analysis on LDES savings is published here: https://www.gov.uk/government/publications/long-duration-electricity-storage-scenario-deployment-analysis

    Updates to this page

    Published 10 October 2024

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: UK announces support to drive stability and growth in Ethiopia

    Source: United Kingdom – Government Statements

    The UK Minister for Africa has announced a package of support for Ethiopia.

    • UK Minister announces support to promote stability in northern Ethiopia, two years after the civil war ended.
    • New UK programming aims to support jobs and growth in Ethiopia’s textiles sector.
    • As part of a two-day visit to Ethiopia, the Minister will see first-hand how UK aid is helping vulnerable people recover from conflict.

    New UK funding announced today [10 October] will promote greater stability and will boost exports in the textile and garments sector, Ethiopia’s largest manufacturing export. 

    Two years after hostilities ended in northern Ethiopia, many vulnerable communities are still suffering from the effects of a violent civil war, with over 3 million people facing food insecurity, and many women and girls impacted by conflict related sexual violence.

    The UK is taking critical steps to secure lasting peace in the country, providing £16 million to help 75,000 Tigrayan military personnel return to civilian life with cash, medical and mental health support. 

    Announcing the two-year programme in Tigray, the UK Minister for Africa will meet with individuals affected by conflict and drought.

    Rebuilding communities devastated by civil war, the UK will accelerate economic recovery. The Minister will visit a factory that has just re-started exporting garments to the UK, and will announce £6.9 million of three-year support for Ethiopia’s textiles and garments sector.

    Funding will be provided for several regions in Ethiopia including Tigray, and aims to improve working conditions for 7,000 female workers and increase exports by 20% over three years.

    The UK Minister for Africa, Lord Collins said:

    Peace and Stability are the foundations of growth – that’s why we are providing vital support that will help fighters in northern Ethiopia take their first steps back into civilian livelihoods. 

    In Tigray, I will see communities rebuilding and businesses beginning their journey towards economic recovery.  UK support will boost the Ethiopian textile sector, creating job opportunities and economic growth.

    During the visit, the Minister will see how UK aid has positively impacted nutrition services, meet with mothers and health workers, and will speak with women and girls who are survivors of conflict related sexual violence.

    In Addis Ababa, he will meet with the Ethiopian government, including Prime Minister Abiy Ahmed Ali, to discuss economic cooperation, internal conflict, regional security, and the humanitarian situation in the country.

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Contact the FCDO Communication Team via email (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Updates to this page

    Published 10 October 2024

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: New unit to boost effectiveness of UK sanctions against Russia

    Source: United Kingdom – Executive Government & Departments

    New trade sanctions unit becomes operational

    • New unit to help businesses comply with the UK’s trade sanctions to launch today.
    • Unit has new and enhanced powers to crack down on businesses in breach and make sure UK sanctions are effective.
    • Sanctions are helping to defund Putin’s illegal war, depriving Russia of over $400 billion of funds since February 2022.

    UK sanctions against Russia are set to be strengthened as the Government launches a new unit to help companies comply with trade sanctions and penalise those who do not.

    Following Russia’s invasion of Ukraine, the UK implemented its most comprehensive set of sanctions against a major economy, with over £20 billion worth of trade with Russia now sanctioned.

    The new Office of Trade Sanctions Implementation (OTSI), launching today, will work with industry to make complying with sanctions obligations as straightforward as possible by issuing guidance and user-friendly online tools.

    There has been overwhelming support from business in implementing sanctions against Russia, and the vast majority of businesses comply. For the minority that don’t, OTSI will have powers to publish information about sanctions breaches and impose civil monetary penalties.

    Business and Trade Secretary Jonathan Reynolds said:

    Sanctions are vital in defunding Putin’s illegal war and only by working hand in hand with business can we make them as effective as possible.

    This new unit will help ensure businesses comply with trade sanctions and take decisive enforcement action where needed so that, together with business, we can continue to exert maximum pressure on Putin’s regime.

    Sanctions Minister Stephen Doughty said:

    This new government is resolutely committed to strengthening our sanctions regime, with robust enforcement and penalties for those who fail to comply. From Moscow to Tehran – kleptocrats, aggressors and the enablers who support and facilitate their wealth and  malign actions  should be on notice.

    OTSI will be instrumental in providing vital additional tools not only to help businesses comply with our sanctions, but also to deter and impose costs upon those seeking to breach them.

    The new unit is part of the Department for Business and Trade.  OTSI will work with businesses to offer guidance, issue licences and investigate reports of trade sanctions breaches.

    Chloe Cina, international sanctions expert and Royal United Services Institute (RUSI) fellow said:

    Investing in a new specialist unit to issue guidance, grant licences, and enforce certain trade sanctions across 21 UK regimes is compelling evidence that the novel measures introduced as part of the UK’s response to Russia’s invasion of Ukraine are here to stay.

    The industry will be reassured to see that the most complex restrictions relating to professional services will now be dealt with by OTSI directly from today.

    This launch also sees new reporting obligations introduced for financial services firms, money service businesses and legal service providers. They will now be expected to inform OTSI of suspected breaches of certain trade sanctions.

    OTSI’s new enforcement powers for trade sanctions complement those HMRC already has. While HMRC remains responsible for the enforcement of trade sanctions on goods that cross the UK border as part of its customs role, OTSI now has lead enforcement responsibility for sanctioned services leaving the UK, as well as trade in sanctioned goods and services anywhere else in the world where a UK business or person is involved.

    Notes to editors:

    • From today, OTSI takes on responsibility for issuing licences for certain sanctioned activity – specifically the provision of standalone services, including professional and business services. Sanctions licensing for the export of goods and the provision of ancillary services (services related to the export of tangible goods) remain the responsibility of the Export Control Joint Unit (ECJU). DBT’s Import Controls Team continue to be responsible for licensing the import of goods and other activities (including provision of ancillary services) which are prohibited under UK import sanctions. More information is available here
    • A full list of the UK’s sanctions can be found here
    • Businesses can visit GOV.UK to submit enquiries or contact OTSI@businessandtrade.gov.uk.

    Updates to this page

    Published 10 October 2024

    MIL OSI United Kingdom

  • MIL-OSI: ThreeD Capital Inc. Announces Unaudited September 30, 2024 Net Asset Value Per Share – $0.87

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Oct. 09, 2024 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that at September 30, 2024, its unaudited net asset value per share (“NAV”) was $0.87.

    This announcement is made based on ThreeD’s established practice of releasing NAV on a monthly basis as part of the Company’s ongoing response to shareholder interest in receiving periodic information. NAV is calculated based on unaudited month-end financial information.

    Use of Non-GAAP Financial Measures:

    This press release contains references to NAV or “net asset value per share” which is a non-GAAP financial measure. NAV is calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date. The term NAV does not have any standardized meaning according to GAAP and therefore may not be comparable to similar measures presented by other companies. There is no comparable GAAP financial measure presented in ThreeD’s consolidated financial statements and thus no applicable quantitative reconciliation for such non-GAAP financial measure. The Company believes that the measure provides information useful to its shareholders in understanding the Company’s performance and may assist in the evaluation of the Company’s business relative to that of its peers. This data is furnished to provide additional information and does not have any standardized meaning prescribed by GAAP. Accordingly, it should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP and is not necessarily indicative of other metrics presented in accordance with GAAP. Existing NAV of the Company is not necessarily predictive of the Company’s future performance or the NAV of the Company as at any future date.

    About ThreeD Capital Inc.

    ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors. ThreeD’s investment strategy is to invest in multiple private and public companies across a variety of sectors globally. ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services and access to the Company’s ecosystem.

    For further information:

    Matthew Davis, CPA
    Chief Financial Officer and Corporate Secretary
    davis@threedcap.com
    Phone: 416-941-8900

    The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

    Forward-Looking Statements

    This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of Canadian securities laws including, without limitation, statements with respect to the future disclosure of NAV by the Company and the approximate timing thereof. All statements other than statements of historical fact are forward-looking statements. Undue reliance should not be placed on forward-looking statements, which are inherently uncertain, are based on estimates and assumptions, and are subject to known and unknown risks and uncertainties (both general and specific) that contribute to the possibility that the future events or circumstances contemplated by the forward-looking statements will not occur including, without limitation, risks relating to the timing and content of future public disclosures by the Company or related to the fact that the term NAV does not have any standardized meaning according to GAAP and therefore may not be comparable to similar measures presented by other companies and may not be indicative of NAV for any future periods. Although the Company believes that the expectations reflected in the forward-looking statements contained in this press release, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause the Company’s actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, except as required by applicable law. The forward-looking statements contained herein are expressly qualified by this cautionary statement.

    The MIL Network

  • MIL-OSI Economics: Gartner Says Worldwide PC Shipments Declined 1.3% in Third Quarter of 2024

    Source: Gartner – IT Research

    Headline: Gartner Says Worldwide PC Shipments Declined 1.3% in Third Quarter of 2024

    Worldwide PC shipments totaled 62.9 million units in the third quarter of 2024, a 1.3% decline from the third quarter of 2023, according to preliminary results by Gartner, Inc. This decline comes after three consecutive quarters of year-over-year growth for the PC market.

    MIL OSI Economics

  • MIL-OSI: Lantronix Announces Five New System-in-Package Solutions Powered by Qualcomm for AI/ML and Video Solutions at the Edge

    Source: GlobeNewswire (MIL-OSI)

    IRVINE, Calif., Oct. 09, 2024 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ: LTRX), a global leader of compute and connectivity IoT solutions, today announced its powerful new System-in-Package (SiP) solutions powered by Qualcomm® Technologies’ chipsets that reinforce Lantronix’s position in industrial and enterprise IoT innovation, bringing advanced Artificial Intelligence (AI) and Machine Learning (ML) capabilities to the edge.

    “Qualcomm Technologies and Lantronix have had strong relationships for more than 15 years,” stated Dev Singh, vice president of Business Development and head of Industrial Automation at Qualcomm Technologies Inc. “Utilizing Qualcomm Technologies’ cutting-edge processors, Lantronix enables its customers to seamlessly deploy AI solutions at the edge, bringing its expertise in embedded computing and IoT to deliver reliable, industrial-grade systems.”

    With a combination of leading-edge performance and cost efficiency, Lantronix’s five new SiP families are set to accelerate the development of AI-driven applications in industrial and enterprise use cases, including robotics, industrial automation, video surveillance, video collaboration and drones. The new SiP modules are compliant with the Trade Agreements Act (TAA) and the National Defense Authorization Act (NDAA).

    “With the addition of these five new SiP solutions, we continue our strategic collaboration with Qualcomm Technologies that has enabled Lantronix to build a proven track record of successfully delivering integrated, collaborative solutions that are driving forward IoT and AI/ML technologies to meet the evolving needs of today’s advanced-edge applications,” said Mathi Gurusamy, chief strategy officer for Lantronix.

    Lantronix enables the creation of superior, high-performance AI-driven applications by integrating AI capabilities from the Qualcomm® AI Hub. The Qualcomm AI Hub provides a reference base of more than 100 AI models and a simplified model optimization process to efficiently utilize AI capabilities (3.5 to 100 INT-8 TOPS) in these SiP families.  

    IQ9 Series SiPs for Industrial and Robotics Applications

    Lantronix’s pin-compatible 9100IQ and 9075IQ SiPs, powered by the Qualcomm® IQ-9100 and IQ-9075 processors, provide scalable, power-efficient and robust computing to autonomous devices and next-generation Industry 4.0 designs using advanced AI. The new IQ9 Series can enable:

    • Robust safety functions in autonomous mobile robots (AMR) or platforms with functional safety (FuSa) up to level SIL-3 level (IQ-9100-based SiPs only)
    • Device robustness with fault tolerance Error Correction Code (ECC) memory support and system cost savings by leveraging an integrated, dedicated safety island (IQ-9100) or real-time subsystem (IQ-9075) with four dedicated independent processing cores supporting real-time operating systems for system error monitoring and other critical functions.
    • Robot perception, navigation and versatility improvement through a powerful Qualcomm® Adreno™ 663 GPU and support for up to 16 concurrent cameras.
    • Interactive industrial edge AI systems utilizing up to 100 TOPS by integrating Large Language Model (LLM) support at the edge. The IQ9 Series Hexagon tensor processor can achieve a generation rate of 12 tokens per second when running the Llama 2 13B parameter mode.
    • Fanless systems to enhance operating temperature with the SiP family supporting a -40°C to 115°C junction temperature range.

    Learn more about Lantronix’s 9100IQ and 9075IQ SiP families here

    Lantronix’s Open-Q 8550CS for Advanced Video and AI Applications

    Building on the success of its existing Open-Q SiP portfolio, Lantronix’s Open-Q 8550CS family, powered by Qualcomm® Technologies’ QSC8550 processor, delivers high AI performance, power efficiency and advanced Wi-Fi® 7 and Bluetooth® 5 connectivity, making it ideal for long-term, high-demand edge computing applications. Benefits include the abilities to:

    • Enhance video conferencing meeting experiences, automated guided vehicle pathing, smart camera image quality and edge AI box scalability with the family’s octal-core computing capabilities and 48 AI TOPS tensor performance.
    • Perform complex 3D rendering and computer vision tasks with a powerful Adreno 740 GPU supporting ray tracing, Open GL ES, Vulkan and Open CL profiles and 4K240/8K60 video decoding and 4K120/8K30 encoding.
    • Connect edge AI boxes leveraging high-speed 2.5G and 10G Ethernet ports.

    Learn more about Lantronix’s Open-Q 8550CS SiP family here

    Lantronix’s Open-Q 6490CS and 5430CS for Scalable AI Solutions

    Lantronix’s pin-compatible Open-Q 6490CS and Open-Q 5430CS families, powered by Qualcomm® Technologies’ QCS6490 and QCS5430 processors, allow customers to scale their product lines with minimal development effort while benefiting from low-power AI performance, Wi-Fi 6E and BLE 5+ connectivity as well as flexible peripheral expansion. Features include:

    • Real-time machine learning on 6th-generation AI engine, delivering 3.5 to 13 AI TOPS and complemented with up to octal-core CPU and Adreno 640 class GPU. 
    • Advanced multimedia and AI powered camera support through up to three concurrent ISPs supporting up to 192MP cameras, 4K30 encoding and 4K60 decoding, sufficient to handle up to 8 camera streams simultaneously for video-intensive applications.
    • Percepxion™ device management for over-the-air (OTA) upgrades for performance, security and software feature improvements. 

    Learn more about Lantronix’s Open-Q 6490CS here and 5430CS families here.

    About Lantronix   

    Lantronix Inc. is a global leader of compute and connectivity IoT solutions that target high-growth industries including Smart Cities, Automotive and Enterprise. Lantronix’s products and services empower companies to succeed in the growing IoT markets by delivering customizable solutions that address each layer of the IoT Stack. Lantronix’s leading-edge solutions include Intelligent Substations infrastructure, Infotainment systems and Video Surveillance, supplemented with advanced Out-of-Band Management (OOB) for Cloud and Edge Computing. 

    For more information, visit the Lantronix website.

    “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements related to our Open-Q SIP solutions for Qualcomm developers. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to the COVID-19 pandemic or other outbreaks, wars and recent tensions in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 9, 2024; as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. The forward-looking statements included in this release speak only as of the date hereof, and we do not undertake any obligation to update these forward-looking statements to reflect subsequent events or circumstances. 

    © 2024 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

    Qualcomm-branded products are products of Qualcomm Technologies Inc. and/or its subsidiaries. Qualcomm and Adreno are trademarks or registered trademarks of Qualcomm Incorporated. 

    Lantronix Media Contact:         
    Gail Kathryn Miller 
    Corporate Marketing & 
    Communications Manager 
    media@lantronix.com
    949-212-0960 

    Lantronix Analyst and Investor Contact:         
    investors@lantronix.com

    The MIL Network

  • MIL-OSI New Zealand: Name release, fatal crash, SH73, Kirwee

    Source: New Zealand Police (National News)

    Police are now in a position to release the names of the two people who died following a crash on West Coast Road, Kirwee on Thursday 3 October 2024.

    They were Anna Brenmuhl, 74 and Francis Brenmuhl, 75 of Kirwee.

    Our deepest thoughts and sympathies are with their family at this extremely difficult time.

    The driver of the other vehicle involved in the collision remains in Christchurch Hospital in a stable condition.

    Our investigation into the crash remains ongoing. No charges have been laid at this stage.

    ENDS

    Issued by Police Media Centre

    MIL OSI New Zealand News

  • MIL-OSI Australia: Screen Australia announces $8.1 million of production funding for 15 projects

    Source: Australia Government Statements 4

    10 10 2024 – Media release

    L-R: Love Adjacent director Louise Alston, Watching You creators Alexei Mizin and Ryan van Dijk, and Arisa Trew from online development project, Level Up (photo credit: Mathias Scherrer).
    Screen Australia has announced over $8.1 million in production funding for 15 projects spanning feature film, television and online content. This significant investment reflects Screen Australia’s ongoing commitment to fostering innovative storytelling and content that engages audiences across genres and platforms.
    Among the funded projects are Zac Power, a new animated family feature from Flying Bark Productions and Cheeky Little Media, based on the popular book series of the same name; Leviticus, the latest feature from Causeway Films, the production company behind the global breakout success Talk to Me; romantic comedy Love Adjacent; Stan’s psychological thriller series Watching You; and online series Hoops, from the creative team behind the popular TikTok documentary Transathletica.
    Screen Australia CEO Deirdre Brennan said, “These latest projects reflect the depth of creative storytelling that defines the Australian screen industry. We support projects that entertain and resonate with audiences. Our aim is to champion authentic local voices and ensure our sector remains at the forefront of global storytelling.”
    “For the 2023/24 financial year, Screen Australia invested over $85 million across all 57 funding programs, including over $5.5 million through the First Nations Department, and issued 205 final certificates through the Producer Offset with a total value of $413 million. Demand on Screen Australia support remained high, with the agency supporting just under a third of all applications received. We’ll continue to seek ways to provide impactful support within our limited capacity, prioritising audience connection, industry value and cultural relevance.”
    Over the past year, Australian projects demanded global attention with 61 Australian projects selected for international film festivals and events. Amongst those titles, online series Videoland took out Best Comedy series at the prestigious Festival Series Mania, critically acclaimed debut feature Shayda won the Sundance Audience Award, and Furiosa and Australia/Ireland Co-production The Surfer starring Nicholas Cage led the Australian contingent hosting World Premieres at Cannes Film Festival. Funding stories that reflect and connect remains a focus and in 2023/24, the agency supported a breadth of titles that highlight local screen talent including drama series Top End Bub, feature film JIMPA and a new slate of children’s content including DO NOT WATCH THIS SHOW, an animated adaptation of the popular children’s book series by comedian and author Andy Lee.
    “Our focus is firmly on the future. We’re building a sustainable screen economy that both adapts and inspires. I’m thrilled by the international recognition of our stories and excited for the pipeline of projects set to release before the end of the year including films Memoir of a Snail and The Moogai, along with series’ Thou Shalt Not Steal, Four Years Later and Plum – I can’t wait for Australians to experience them,” continued Brennan.
    The projects funded for production include:

    Chasing Millions: A crime drama set in Belfast 2004, where Northern Ireland has been at peace for six years, but old enmities and mistrust remain. Chasing Millions tells the story of the biggest bank heist in Irish, British (and Australian) history making reluctant partners of ambitious Australian police officer, Diana, with gruff, veteran Northern Irish detective, Crawford, as they investigate and seek to solve the crime while navigating their way through the minefield of a fragile peace. An official Irish-Australian co-production with Irish director Stephen Burke (Maze) at the helm, based on a script by Stephen Burke and Katherine Thomson (Schapelle, House of Hancock). Producers are Jane Doolan (Maze, Wolf) of Mammoth Films, Ireland and Michael Wrenn (Audrey) of Invisible Republic, Australia. It has received major production investment from Screen Ireland, with local distribution by Bonsai Films and international sales by Level K.
    Displaced: A six-part comedy sci-fi series for YouTube that follows a dysfunctional physicist who is accidentally sent back in time and in the process, tries to fix her future by mentoring her younger self. Displaced is a comedy about depression, queerness, making trouble, healing an inner child, and being seen. It is from writer/director Molly Daniels (The InBESTigators, Wispy), writer/producer Jem Splitter (Galacticare) and producer Rachael Morrow. Displaced is produced and developed in association with VicScreen and financed with support from the Community Broadcasting Foundation.
    Hoops: From the team behind Transathletica on TikTok, Hoops documents the journey of Transgender Basketballer Lexi Rodgers and her fight to be ruled eligible to play with a NBL1 South team. After a major setback in 2023, Lexi spends the year jumping through hoops – determined against all odds to play in the 2024 season. Hoops is from writer/director Hannah McElhinney, writer Rudy Jean Rigg and executive producer Jamie Searle of Transathletica, with Eliza Bone (Letter for the King) producing.
    Leviticus: The latest horror feature film from the production company behind box office hit Talk to Me, Leviticus is the story of two teenage boys living in a conservative Christian community in regional Victoria, Naim and Ryan. When their attraction to each other is identified by the local pastor, the pair are subjected to a conversion ritual which unknowingly releases an entity that terrorises the town. Leviticus is from writer/director Adrian Chiarella (Totally Completely Fine), and producers Hannah Ngo (Latecomers) and Samantha Jennings and Kristina Ceyton of Causeway Films. It is financed in association with Salmira Productions, and developed and produced in association with VicScreen, who is also supporting post, digital and visual effects (PDV). PDV is also supported by Kojo Studio, with local distribution by Maslow Entertainment and international sales by Studio 301 Films.
    Love Adjacent: When food critic Maggie writes a review that causes top chef Ryan’s restaurant to go under, he is forced to retreat back home and start again from scratch. Coincidentally in the same town for her sister’s wedding, Maggie is determined to continue taking down what Ryan is serving up, that is until catastrophe strikes and Maggie desperately needs Ryan’s help to make her sister’s wedding happen. Love Adjacent is a romantic comedy feature film directed by Louise Alston (Back of the Net) and written by Sarah Mayberry (Neighbours) and Christopher Gist (The Broken Shore), with Kate Whitbread (The Caterpillar Wish) and Spencer McLaren (This Little Love of Mine) producing. It is produced in association with VicScreen, with Umbrella Entertainment distributing locally and Film Seekers managing international sales.
    Posthumous: In this drama, horror feature film, Zoe returns to her family home and estranged father to find some semblance of comfort after her life falls apart, but the discovery of a mysterious videotape threatens to undo everything she knew about her deceased mother’s final days and her own birth. Amidst their shared grief, Zoe and her father face a powerful supernatural force as long-buried events are exposed, and must be reckoned with. Posthumous is from writer/director/producer Josh Tanner (Wandering Soul) and writer/producer Jade van der Lei (6 Festivals), with Joel Anderson (Lake Mungo) executive producing. It is funded in association with Screen Queensland. Financed with support from the Gold Coast Screen Incentive, with local distribution by Kismet Movies.
    Saccharine: In this psychological horror feature from Carver Films (Run Rabbit Run), a lovelorn medical student becomes terrorised by a hungry ghost after taking part in an obscure weight-loss craze: eating human ashes. Saccharine is from writer/director/producer Natalie Erika James and producers Anna McLeish and Sarah Shaw, the team behind Relic. It is produced in association with VicScreen, with local distribution by Maslow Entertainment and international sales by XYZ Films.
    Watching You: A six-part gripping psychological thriller for Stan based on J.P Pomare’s novel The Last Guests. Watching You is created for television by Alexei Mizin and Ryan van Dijk and produced by Jason Stephens and Bree-Anne Sykes. Helen Bowden, Cailah Scobie and Alicia Brown are executive producing. It has received major production investment from Stan and is financed with support from Screen NSW through the Made in NSW Fund. Post, digital and visual effects supported by Screen NSW. Financed in association with and distributed by ITV Studios.
    Zac Power: Based on the popular book series of the same name, Zac Power is an animated family feature from Flying Bark Productions (200% Wolf, 100% Wolf) and Cheeky Little Media (Kangaroo Beach, Ginger and the Vegesaurs). Zac Power’s position as the top teenage spy is compromised after a brilliant new agent arrives. When his recklessness allows an ostentatious supervillain to steal a high-tech weapon, Zac is forced to confront his own flaws and team up with his rival. The film is directed by Alexs Stadermann and David Webster and written by Fin Edquist, John Armstrong, Lawrence Leung and Erica Harrison. It is financed in association with the Australian Children’s Television Foundation.

    Also announced today are 27 television dramas, 23 feature films and six online projects that will share in over $1.7 million of development funding. Of these, 24 projects have been supported through the Generate Fund, 26 through the Premium Fund and six through the Online Development Fund.
    The projects include online action adventure series Amy the Pirate; family music drama feature Piano Mums, following a promising teenage pianist and exploring the power of music and love of family; Skip Ahead project Life of Kea that has been developed into a television drama series; and a second season of the TikTok docuseries Sextistics, which continues to explore the statistics to create a snapshot of gender, sexuality and identity within Australia.
    For the list of projects funded across scripted feature films, scripted television, online and development in the 2023/24 financial year, visit:

    For full details on feature films funded for production so far in the 2024/25 financial year, click here.
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    MIL OSI News

  • MIL-OSI USA: October 9th, 2024 Heinrich Tours to See Upgraded Equipment for Carlsbad Police Department, Receives Briefing on New Mobile Command Center

    US Senate News:

    Source: United States Senator for New Mexico Martin Heinrich

    PHOTOS

    Heinrich secured nearly $1 million to support a new Mobile Command Center and new radio and communications equipment that will improve law enforcement operations and emergency response in Eddy County

    CARLSBAD, N.M. — U.S. Senator Martin Heinrich (D-N.M.), a member of the Senate Appropriations Committee, took a tour with the Carlsbad Police Department to hear how nearly $1 million he secured for a forthcoming, new Mobile Command Center and operational, upgraded radio and communications equipment will improve response times and emergency coordination to help law enforcement agencies in Eddy County keep New Mexicans safe.

    U.S. Senator Martin Heinrich (D-N.M.) with the Carlsbad Police Department, highlighting planned upgrades to be included in the new Mobile Command Center, and discuss new radio and communications equipment.

    “We need to better equip law enforcement with the tools needed to keep New Mexicans safe, and I’m committed to doing that,” said Heinrich. “Upgraded technology will make a real difference for the Carlsbad Police Department, improving emergency response throughout Eddy County and helping first responders serve the community. It’s delivering investments like these to support our law enforcement officers that make me proud to fight for New Mexico on the Senate Appropriations Committee.”

    During the visit, Heinrich was briefed by the Carlsbad Police Chief Shane Skinner, Carlsbad Mayor Rick Lopez, and Carlsbad Fire Chief Tony Souza on how investments he secured through his seat on the Appropriations Committee for radio and communications equipment — currently being used by first responders and law enforcement — is keeping New Mexicans safe. Heinrich additionally highlighted funding he secured for a new Mobile Command Center.

    Background:

    Heinrich secured nearly $1 million through the Fiscal Year 2022 Appropriations process for a new Mobile Command Center and new radio and communications equipment to improve response times and emergency coordination to help first responders in Eddy County keep New Mexicans safe. 

    In addition to this investment, Heinrich secured $1 million in the FY24 appropriations bill to purchase new National Integrated Ballistics Information Network (NIBIN) ballistics testing machines for law enforcement agencies to use in Las Cruces, Farmington, Gallup, and Roswell. These machines will help law enforcement agencies quickly and effectively identify, solve, and prosecute crimes involving firearms. 

    Prior to this investment, there were only three NIBIN machines in all of New Mexico: two in Albuquerque and one in Santa Fe. The Roswell NIBIN machine will create a much closer option for law enforcement agencies in southeastern New Mexico. The intelligence gathered by all of the new NIBIN machines will go to the New Mexico Attorney General’s Crime Gun Intelligence Center where dedicated and trained analysts will use the information to trace and network firearms used in crimes across the state. The Center will then be able to feed that information back to law enforcement agencies to improve identification of suspects and support successful prosecutions.

    For a list of Heinrich’s actions to support law enforcement and first responders across New Mexico, click here.

    MIL OSI USA News