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The Minister of Resources has informed gas producers that the federal government intends to withdraw “gas triggers” to limit their exports, unless they can prove that the country is not facing a gas shortage by 2023. Key points: The federal government has warned it will withdraw the “gas trigger” if supplies for next year are not guaranteed Gas industry says Australia is not facing a gas shortage, contrary to warnings Government will work to reform gas triggers and renew them by 2030 Madeleine King said she would issue a notification to suppliers, the first step towards enforcement of the Domestic Gas Supply Mechanism, directing them to provide a detailed response on supply and export forecasts for next year. Consumer watchdogs have warned that despite Australia’s abundant gas supplies, the outlook for next year is “very concerning”, with most of that supply slated for export. It warns the government to consider intervention or risk a gas shortage by 2023. The federal government has th

A union boss has warned the ANZ-Suncorp deal would put thousands of employees out of work and trigger mass closures of dozens of bank branches. ANZ on Monday announced its proposed purchase of smaller rival bank Suncorp for $4.9 billion – marking it as the country’s biggest banking deal in 14 years. The bank’s chief executive, Shayne Elliott, has pledged to retain Suncorp’s Queensland branches and staff for at least three years. However, the Financial Sector Union (FSU) is skeptical and has warned thousands of workers will lose their jobs when the three-year period ends. Queensland Secretary Wendy Streets told Daily Mail Australia that both ANZ and Suncorp employees should be aware of the consequences of the deal. A union boss has warned the ANZ-Suncorp deal will cost thousands of employees and trigger mass closures of dozens of bank branches ANZ on Monday announced a proposed purchase of smaller rival bank Suncorp for $4.9 billion – marking it the country’s biggest banking

Scientists have debunked the popular theory of how a woodpecker can repeatedly beat its beak against a tree at high speed without damaging its own brain. The researchers analyzed high-speed video of three woodpecker species — the stacked woodpecker, the black woodpecker, and the great spotted woodpecker. They found their skulls did not act like shock-absorbing helmets as previously thought, but more like rigid metal hammers. In fact, their calculations showed that any shock absorbers would hinder the woodpecker’s pecking ability. Woodpeckers quickly drill into trees to extract insects deep in the wood with their long tongues. An international team of researchers has analyzed high-speed video of three woodpecker species. Here is a sequence of frames from a high-speed video of a woodpecker pecking (Dryocopus pileatus) Photo of a black woodpecker (Dryocopus martius) filmed in a study in Alpenzoo Innbruck, Austria HAMMER OR HELMET? Scientists have long wondered how woodpecker