Commonwealth Bank to face independent inquiry, APRA says

Commonwealth Bank to face independent inquiry, APRA says

Updated August 28, 2017 09:04:33 The banking regulator has said it will establish an independent inquiry into the Commonwealth Bank. The Australian Prudential Regulation Authority (APRA) said the inquiry would focus on governance, culture and accountability frameworks and practices within Australia’s biggest bank. The APRA inquiry follows action by the financial intelligence agency AUSTRAC, which has accused CBA of breaching anti-money laundering regulations on 54,000 occasions. More to come. Topics: consumer-finance, banking, fraud-and-corporate-crime, australia First posted August 28, 2017 09:00:45 Source by [author_name]

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Poltergeist director dies aged 74

Poltergeist director dies aged 74

MOVIE director Tobe Hooper, best known for The Texas Chain Saw Massacre and Poltergeist horror films, has died in California. He was 74. The cause of the director’s death on Saturday in the town of Sherman Oaks was not announced, the Hollywood industry magazine V ariety reported. Hooper, a native of Austin, Texas, was a university professor and documentary producer before branching out in 1974 to direct The Texas Chain Saw Massacre, one of the most influential films of the horror genre. media_cameraCostume designer Paloma Candelaria poses with director Tobe…

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Man left for dead in Swan View

Man left for dead in Swan View

A MAN is fighting for life after he was bashed and dragged along a footpath before being left for dead in a park in Perth’s east. Police say the 30-year-old was found by friends in the park in Swan View about 2.20am yesterday and taken to Midland Hospital. He was last night in an induced coma at Royal Perth Hospital. It is believed the victim was attacked by a group of up to four men and was dragged along the footpath which runs through a narrow nature strip between Chartwell…

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Plan to burn rubbish to power Canberra faces uphill battle

Plan to burn rubbish to power Canberra faces uphill battle

Posted August 27, 2017 09:12:06 An ambitious plan to build one of Australia’s first waste-to-energy incineration plants in Canberra’s south is facing hurdles, with air quality concerns and questions around receiving tariffs for feeding excess energy into the grid. What is a waste-to-energy facility? Waste-to-energy facilities create electricity from waste that would otherwise go to landfill Using thermal technology, the waste is turned into steam that powers turbines The technology is already being used in Europe and Asia Capital Recycling Solutions (CRS) is proposing to build a $200 million waste-to-energy…

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Eight mountain climbers die in three different accidents across Alps

Eight mountain climbers die in three different accidents across Alps

Posted August 28, 2017 05:32:19 Eight mountain climbers have died in three different accidents this weekend in the Austrian and Italian Alps. The Austrian Red Cross said five mountain climbers died on Sunday in the Austrian Alps in Wildgerlostal on Mount Gabler, east of Innsbruck, and a sixth climber was severely injured, the Austrian news agency APA reported. The six were roped together when they fell in a very remote area of the mountain at an altitude of about 2,000 metres. The lone survivor was taken by helicopter to a…

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