Dale Dominey-Howes is an Honorary Professor of Hazards and Disaster Risk Sciences at the University of Sydney ANALYSIS: Again, thousands of residents in western Sydney face a life-threatening flood disaster . At the time of writing, evacuation orders spanned southwest and northwest Sydney and residents of the Hawkesbury-Nepean Valley were being warned the crisis was escalating. It’s just over a year since the region’s long-suffering residents lived through one of the largest flood events in recent history. And of course, earlier this year floods devastated the northern NSW town of Lismore. Right now, attention is rightly focused on helping those immediately affected by the disaster. But as the floodwaters subside, we must urgently act to avert a repeat of this crisis. Obviously, nature is a major culprit here. But there’s plenty humans can do to plan for major flooding and make sure we’re not sitting in the path of disaster. NINE Residents … [Read more...] about What’s causing Sydney’s monster floods and how can they be stopped?
Higher construction costs
Douglas Fraser Published 27 April Share close Share page Copy link About sharing Businesses do not have the householders' protection of an energy price cap, though many have been helped by fixing their prices last autumn, before the surge in prices began. That lasts, for many, until autumn, and now is the time they are finding out how much more they will have to pay. Some, in Glasgow, are rebelling. Some firms can pass on extra costs to customers, including energy suppliers themselves. But for others, they face the daunting task of absorbing costs or losing custom. Barista and businessman Robbie Gray had enough of the soaring electricity bills for the Canary Girl Cafe. "It's like staring into the abyss and not knowing what's coming," he says. "I'm not the kind of person who's afraid of their bills, but the last few months, I've dreaded that little brown envelope coming through the … [Read more...] about Now businesses face soaring energy bills
City banks defy Brussels to out-earn French rivals PM urged to back bid for factory at heart of Britain’s food supply FTSE 100 rises 1pc Matthew Lynn: Biden’s global tax plan is sinking rapidly — and good riddance Sign up here for our daily business briefing newsletter T he Kremlin is poised to cut future spending plans by £24bn as Western sanctions against Russia bite. Defence, technology and transport budgets are all set to be trimmed, according to Russian media. More than 1.6 trillion roubles, or £24bn, has been slashed from the Russian state budget over the next three years as Moscow braces for a two-year recession. Spending will be 557bn roubles (£8.2bn) lower in 2023 than previously approved plans, with similar cuts pencilled in for the following two years. The budget tweaks are minor compared to the size of Moscow’s overall budget but the figures are one of the first signs of the fiscal blow being dealt by the conflict in Ukraine. The 2023 … [Read more...] about Kremlin slashes spending by £24bn as West’s sanctions batter Russia