News Beyond Markets || Does Australia Need A National Reset In Relationship With China?

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News Beyond Markets || Does Australia Need A National Reset In Relationship With China?

Welcome to News Beyond markets – a special show that will get you all the news that matters to kickstart your day.  

• First up is an update on the story of a Sri Lankan asylum seeker family --- Australia will now allow a Sri Lankan asylum seeker family detained on Christmas Island since 2019 to live in community detention on the mainland. This step was taken after public anger emerged over their separation when the youngest child became sick and was flown to a major hospital. The Tamil family of four and the only occupants of the Christmas Island detention centre in the Indian Ocean, have become a cause celebre for those seeking closure of Australia's offshore immigration detention centres.

• Australia's Fortescue Metals Group said it was in talks with the government of the Democratic Republic of Congo (DRC) to develop a hydroelectric power project in the country that would become the largest in the world. 

• Next up is a news story from New Zealand --- Government agencies are getting new support to reduce carbon emissions generated by construction of new buildings, with the release of practical guidance to shape decisions on public projects.

•  Australia's Ariarne Titmus confirmed that she is one to watch at the Tokyo Olympics by smashing the Commonwealth record in the women's 200m freestyle on Monday.

• Next up is an update from Nuix - Macquarie-sponsored Nuix's CEO and CFO have resigned after poor earnings and forecast revisions within six months of taking the Australian software maker public.

• Western Australian Premier Mark McGowan said at Australia's biggest oil and gas industry conference, being held in Perth that there needs to be a national reset in that relationship. 

•  Victoria’s Health Minister Martin Foley said that authorities have detected two new COVID-19 cases at a pop-up testing clinic today. He also added that there is not enough supply of Pfizer vaccine to meet the demand.

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