What happened Wednesday 12 April, 2023
With that, we’ll wrap up our live coverage of the day’s news.
Here’s a summary of the key news developments:
Australia’s economic growth will slow as the global economy faces “perilous” challenges, persistently high inflation and risks of further financial turmoil, the International Monetary Fund said in its latest global outlook report.
The government could almost halve Australia’s $50bn budget deficit by redesigning stage-three tax cuts, introducing further changes to tax breaks on superannuation and charging a 10% royalty on offshore gas, according to a new report.
A tropical cyclone is expected to make landfall in Western Australia on Thursday, bringing winds strong enough to damage roofing, knock over trees and caravans and cause widespread power outages, the Bureau of Meteorology has warned.
Australian wine producers hope Beijing could soon remove tariffs that slashed the $1.2bn trade by 99% – but say they are wary about relying too heavily on the Chinese market.
Victoria’s energy minister has urged private companies to help do the heavy lifting in the state’s transition to renewable energy, saying the revived public State Electricity Commission will not crowd out the market.
The competition regulator has rejected gas companies’ claims that the emergency price cap and emissions reduction policies are making Australia uncompetitive for gas projects.
Hundreds of visa decisions have been thrown into question by a high court ruling that the government cannot “circumvent” the law by setting policies limiting which cases will be considered by the minister.
John Olsen, one of Australia’s most celebrated artists best known for his landscapes, has died at the age of 95. A tribute to Olsen will be projected on to the Sydney Opera House during the upcoming Vivid festival.
Thanks for reading, have a pleasant evening.
Updated
UNSW to rename 17 buildings after trailblazing women as part of gender equity project
UNSW Sydney will rename 17 buildings and spaces at its Kensington campus after trailblazing women as part of a project to improve gender equity and visibility at the university.
The female role models include the first female graduates of each faculty, the first female professor, the first female deputy chancellor, the first Indigenous female graduate, and other alumnae and former staff who identify as women.
UNSW vice-chancellor professor Attila Brungs said historical prejudice had reduced the contribution of women in the tertiary sector.
If you look at our campuses, because of historical prejudice we haven’t celebrated or made visible the immense and incredible contribution UNSW women have made over the decades. The whole point of the project being led by council was how do we not only redress that but, far more importantly, how do we inspire the next generation of UNSW women?”
Once the spaces are renamed, the university will develop and implement a policy ensuring the naming of buildings and spaces across NSW are equitable and transparent into the future.
All the buildings that currently have names at UNSW are named after men, apart from the Esme Timbery Creative Practice Lab which opened in 2019.
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