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Australia's Queensland Reverses Policy, Pledges To Keep Using Coal Power At Least Into the 2040s

Australia's Queensland state government said on Friday it would run coal power plants at least into the 2040s, reversing a previous plan to pivot rapidly to renewables and in turn making national emissions reduction targets harder to achieve. From a report: The centre-right Liberal National Party won last year's election in Queensland, a huge chunk of land in Australia's northeast where more than 60% of electricity comes from coal-fired plants that are mostly owned by the state.

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Bank Apologizes For Firing Staff With Accidental Email

One of Australia's largest banks has apologized to staff who found out they had been fired through an automated email asking them to hand back their laptops. From a report: ANZ's retail banking executive Bruce Rush said it was "not our intention to share such sensitive news with you in this way" as the firm cuts jobs in its retail banking business. The bank said the emails were sent to some staff ahead of schedule in error. It said it has since stopped sending the emails and that staff have been spoken to personally. The Financial Sector Union said the email caused "panic and distress" and was a result of the company forcing through a "chaotic pace of change." The union's president Wendy Streets said it had not been consulted on the changes the bank was making, adding that "ANZ must do better." "Speed and cost-cutting cannot come at the expense of dignity and respect for workers," Ms Streets said, describing the "botched" episode as "disgusting." Mr Rush wrote in an email to staff: "Unfortunately, these emails indicate an exit date for some of our colleagues before we've been able to share their outcome with them."

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Australian Federal Court Rules Apple and Google Engaged in Anti-Competitive App Store Conduct

Australia's Federal Court ruled Tuesday that Apple and Google violated competition law through anti-competitive app store practices. Judge Jonathan Beach found both companies breached section 46 of the Competition and Consumer Act by misusing market power to reduce competition. The decision covers class actions representing 15 million consumers and 150,000 developers seeking compensation for inflated prices from 2017-2022, plus separate Epic Games cases. Apple's exclusive iOS App Store and mandatory payment system, along with Google's Play Store billing requirements, were ruled anti-competitive despite security justifications. Compensation amounts will be determined at subsequent hearings, with estimates reaching hundreds of millions of dollars.

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