Australian Defence Minister Peter Dutton has ruled out Jervis Bay as a potential site for nuclear reactors. He stated that the area is not suitable due to its proximity to the naval base and national park. Dutton emphasized the importance of carefully selecting locations for nuclear facilities to ensure the safety and security of the public.
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HSBC sued for failing to protect customers from scams
ASIC has launched court action against HSBC, claiming failures at the major bank led to the loss of $23 million over four years. The lawsuit alleges HSBC failed to protect customers, with some losing their life savings. The regulator says HSBC had significant, widespread, and systemic shortcomings that resulted in customers being scammed. Delays in fraud investigations and slow responses to scam reports were also highlighted. This is the first time ASIC has taken legal...
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