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Sacked Qantas workers win $120 million compensation

Qantas will pay $120 million in compensation to more than 1800 workers who were unlawfully sacked during the pandemic. The airline announced on Wednesday that they had reached an agreement with the Transport Workers Union (TWU) over the compensation, after the Federal Court ordered them to pay three former employees a combined $170,000 in a test case in October. The High Court decided to uphold the ruling that Qantas unlawfully sacked baggage handlers, cleaners and ground staff in 2020. Under the agreement, the airline will set up a fund early next year to pay the 1820 workers impacted by their decision. "This is an important step in bringing closure to these individuals and I want to reiterate our sincere apologies to those impacted and their families," Qantas chief executive Vanessa Hudson said in a statement. "We know this has been a difficult period for those affected and are pleased we have been able to work closely with the TWU to expedite this process and resolve it ahead of Christmas." The TWU said the agreement was a "huge result from members' unity over a four-year court battle". They added that the payouts would compensate workers for economic loss as well as hurt and suffering. "Soon these brave men and women will receive long-awaited compensation in accordance with the principles set out in the Court's decision," Michael Kaine, the TWU's national secretary said in a statement. "These workers helped build the Spirit of Australia. Many worked decades, proud to play their part in delivering the safety and service standards that made Qantas a national icon. "Never again can we see Joyce-style tactics applied to wreck jobs and fight against workers receiving fair compensation." The payouts will also cover compensation paid to the TWU and costs associated with sending the funds to individual workers. Image: Thanhliemnguyen / Shutterstock.com

Travel Trouble

NSW Government refunds millions of Covid fines

Millions of dollars in fines dished out for breaches of Covid restrictions in NSW are set to be refunded, while close to 24,000 penalty notices will be officially erased. The announcement of the statewide refund by the NSW Fines Administration Commissioner on Tuesday came after legal advice cast doubt on the legal validity of the penalties handed out during Covid lockdowns. In total, more than $5.5 million will be handed back to those who have made either a full or partial payment towards paying off a Covid fine. Those in line for money, or with outstanding penalties, will be contacted by Revenue NSW within days. “Following representations made to the Commissioner of Police and myself concerning the validity of COVID-19 penalty notices, I have decided to exercise my statutory authority and withdraw these notices,” Fine Administration Commissioner Scott Johnston said. “Revenue NSW will be reaching out to all affected customers to support them through the finalisation of their matters.” At the height of the pandemic, the state government claimed they introduced the public health orders to "protect the community". Some fines have already been withdrawn, as in 2022 the Commissioner withdrew about 36,000 penalty notices tied to Covid-related offences because the information on them “made it difficult” for recipients to understand their offence. The remaining 23,539 penalty notices were believed to have provided a clearer explanation and were not withdrawn, but after further legal advice and consideration, it was considered “appropriate” to withdraw them too. Image credits: Xinhua News Agency/Shutterstock Editorial

Legal

Court views footage of final moments before Clare Nowland was tasered

A registered nurse with nearly 50 years of experience has expressed her deep concern regarding the tasering of 95-year-old Clare Nowland, a resident at Yallambee Lodge nursing home in Cooma, New South Wales. The incident occurred in the early hours of May 17, 2023, and <a href="https://www.oversixty.com.au/news/news/clare-nowland-dies-officer-charged" target="_blank" rel="noopener">resulted in Nowland's death</a>, a great-grandmother suffering from dementia. Senior Constable Kristian James Samuel White, 34, is currently on trial in the NSW Supreme Court facing manslaughter charges related to the incident. He has pleaded not guilty, asserting that he acted lawfully under his duties as a police officer. During her testimony, Nurse Rosaline Baker recounted her alarm when she called triple-0 after Nowland had grabbed two steak knives and a jug of prunes from the kitchen. Following her call for help, White and Acting Sergeant Rachel Pank arrived on the scene after two paramedics. Together with Baker, they located Nowland in a treatment room. When White pulled out his taser, Baker admitted she was unfamiliar with the device and felt "kind of curious". However, her curiosity turned to horror when she heard a loud noise and witnessed Nowland being struck by the stun gun. "I was very, very concerned when she was falling to the ground," Baker stated in court. The trial has revealed troubling details about Nowland's condition and behaviour leading up to that fateful night. Expert testimony indicated that her behaviour had escalated over the three months prior to her death. She exhibited increasingly anti-social behaviour, such as taking food from other residents, attempting to undress in public areas, and refusing assistance from staff. CCTV footage presented during the trial showed Nowland physically lashing out at staff members and even getting stuck in a tree, as well as footage showing the final moments of Nowland's life as she hid from emergency service staff – including Senior Constable White. Nowland had been admitted to the hospital on April 16 and prescribed the anti-psychotic drug Risperdal to manage her aggressive behaviour after incidents involving punching and biting staff. Under questioning by defence barrister Troy Edwards SC, an expert acknowledged that Nowland's behaviour just before she was tasered could have been influenced by a recent reduction in her medication dosage. The trial continues. Images: 7 News

Caring

Aussies urged to claim share of $241 million in unpaid Medicare benefits

More than 930,000 Australians are owed their share of $241 million in unclaimed Medicare benefits. The unpaid Medicare benefits have been withheld from recipients who have not updated their bank details, the Department of Social Services said on Thursday. The average Australian is owed about $260 each, but 200 Australians are owed more than $10,000. Young people seem to be owed the most, with more than $52m owed to more than 224,000 Aussies aged between 18 and 24. “Once you update your details, Services Australia will pay your unpaid benefits within three days,” National Disability Insurance Scheme and Government Services minister Bill Shorten said. He added that it takes less than a minute for the average person with a myGov account linked to Medicare to check and update their bank details. Those owed money are being notified directly through their myGov inbox. “Services Australia is in the process of sending over half a million notifications to people’s myGov inbox asking them to update their details,” Shorten said. He added that in the last financial year, Services Australia paid nearly $30bn in Medicare benefits, and since December 2023, they have reunited over half a million Australians with $117 million in unpaid benefits. “We know a bit of extra money is always welcome in the lead up to the holidays – so there’s no better time than now to check if your bank details with Medicare are current, and if you have any unpaid benefits," Shorten said. “With everyone doing it tough due to cost of living, this is good news for nearly a million Aussies from all walks of life all over Australia.” Image: Shutterstock

Money & Banking

Millions of Aussies eligible for free holidays

Millions of Australians are set to be eligible for free holidays under a new initiative by the Victorian government in an attempt to ease cost-of-living pressures. From December, any Aussies wishing to embark on a camping trip in Victoria will have all their booking fees waived. Camping will be free at all 131 of Parks Victoria’s paid campgrounds from December 1st 2024, until June 30th 2025, saving families an estimated $7.3 million in booking fees, according to the state government. Those who have already booked a camping trip before the promotion's commencement date will still have the offer honoured, with full refunds available online. Premier Jacinta Allan said in the lead up to the festive season, every family deserves a holiday that won't break the bank. "Busy families deserve a great holiday in our great outdoors – and this summer, they can stay for free," she said. "I grew up camping with my family and those special memories have stayed with me forever." Each year, approximately 50 million people visit Victoria’s iconic state forests and national parks every year for activities including camping, hiking, fishing and hunting and four-wheel driving All bookings and refunds under the scheme can be made at <a href="https://www.parks.vic.gov.au" target="_blank" rel="noopener">parks.vic.gov.au</a>. Image credits: Parks Victoria

Domestic Travel

Mother helps raise over $1 million for her children ahead of her death

A single mother from America has left an enduring financial legacy to her two young children in the weeks before her untimely death. Erika Diarte-Carr, 30, started a <a href="https://www.gofundme.com/f/help-erika-and-her-children-with-funeral-expenses" target="_blank" rel="noopener">GoFundMe</a> page after she was diagnosed with terminal cancer in order to cover costs of her own funeral, as well as providing funds to raise her two kids, Jeremiah, 7, and Aaliyah, 5. After setting the fundraising goal for $5,000 USD, generous members of her community spread the word of her selfless actions, with the fundraiser now reaching over $1.7 million USD and counting. Titled “Support Erika: A Mother planning her own funeral”, the page has garnered more than 38,000 individual donations. The page reads, “Dear family, friends and to all of those of you who may or may not know know me..." “My name is Erika Diarte-Carr. I am 30 years old and a single mother of two beautiful children. Jeremiah (7) and Aaliyah (5). ❤️ They are my whole life, light and soul. My children are my fight and what keep me going.” The mother then shared the tragic details of her cancer journey, as she recalled being diagnosed with stage 4 terminal cancer in May 2022 after presenting for “normal shoulder surgery”. “By that point, the damage had already been done. In that moment, mine and my kids’ entire lives had changed forever, as well as all of those around us,” she wrote. On top of her cancer diagnosis, Erika was hit with another blow in January 2024 as she was diagnosed with Cushing's Syndrome, which resulted in rapid weight gain, Type 2 diabetes, and further debilitating symptoms the mother claimed had “taken so much away” from her family. The page was updated in mid-September upon advice Ms Diarte-Carr had just three months to live and that treatments would “no longer help”. The mother added to the GoFundMe page how the excess funds would be allocated, writing, “For anyone’s concern, all the funds that have exceeded my funeral costs goal will be now put into a trust fund for my babies that way I can leave behind something for them and I can still ensure they are going to be ok as they grow up." On October 4th, the mother thanked donors and announced she and her family were able to take one final trip together hoping to leave her kids with “memories that’ll last a lifetime”. Just days later, Erika's cousin shared a post to social media to announce that Erika had passed away on October 12th. “It is with a heavy heart that this is the final update I will be giving for my cousin Erika,” she wrote on Facebook. “She fought a long and hard battle. She was strong and held on as long as she could for her babies. I know she was so thankful for all of your support and love and prayers.” Image credits: GoFundMe

Caring

Lotto winner loses $1 million prize

A mystery Lotto winner has forfeited their million-dollar winnings after failing to collect their prize money for an entire year. The ticket was purchased from a BP petrol station in Mawson Lakes, in North Adelaide, on September 27th 2023, but wasn't claimed before passing the one-year expiration date. According to The Lott spokeswoman Anna Hobdell, the lucky winner could've claimed their seven-figure prize simply by registering their ticket to a player card or online. "It's likely our mystery winner has (been) going about their year as normal with no idea they became an overnight millionaire more than a year ago," she said. "If the mystery winner had registered their ticket to a player card or online, they would have already been united with their million-dollar treasure." Ms Hobdell said any prize that goes unclaimed for a year will be forfeited to the Lotteries Commission of South Australia. She went on to say that the winner could still claim their $1 million, but would need to submit their ticket, a prize claim form and an ex-gratia statutory declaration form with the commission. "This also serves as an important reminder to register your tickets," Ms Hobdell said. Image credits: Shutterstock

Money & Banking

Millions of Aussies to receive cash boost as welfare payments rise

Millions of Australians who rely on welfare payments will receive a much needed cash boost as of Friday, thanks to an indexation boost. Recipients of the age and disability pensions, rent assistance, carer payments, and JobSeeker payments will all receive the increase. Age pensioners, as well as those on the disability pension and carer payments, will see an increase of $28.10 a fortnight for singles and $42.40 a fortnight for couples. This boost will take the total payment per fortnight, including energy supplement, to $1114.40 for singles and $862.60 for each member of a couple. Maximum rates of Commonwealth rent assistance will also be increased by 10 per cent from today, with indexation applied on top, as single recipients, with no children, renting on their own, and receiving the maximum rate will get an additional $23 per fortnight in rent assistance. For families with one or two children, their payment will increase by $27.02 per fortnight. Single JobSeeker recipients with an assessed partial capacity to work of zero to 14 hours per week will move to the higher rate of JobSeeker, receiving $849.50 a fortnight (including the energy supplement and pharmaceutical allowance). "This indexation will deliver timely boosts to people receiving allowance payments and pensions, ensuring that these vulnerable cohorts have more money in their pockets for everyday expenses," Social Services Minister Amanda Rishworth said. A full breakdown of the payment changes <a title="can be found here" href="http://www.dss.gov.au/about-the-department/benefits-payments/previous-indexation-rates" target="_blank" rel="noopener">can be found here</a>. Image credits: Shutterstock

Money & Banking

Heritage Aussie number plate to fetch over a million

A South Australian number plate is expected to sell at auction for over a million dollars. The sought-after No. 8 Plate was first issued in 1906 to Arthur Ernest Ayers, the son of South Australian businessman and politician Sir Henry Ayers, the original owner of the Ayers House in Adelaide. The number plate became available for the first time in February this year, with the online auction going live late last month. Almost 1,700 bids have already been made, with the leading bid as of Monday morning at around $1.32 million with the auction closing at 7pm (local time). “It’s very rare and very special,” Historic Plates auctioneer, Stewart Kay, said. The last time the SA Government issued a single digit number plate was in 1985, when plate No. 7 was sold. “These plates are all about the paperwork, so having a set of number plates hanging in grandad’s shed might not necessary confer ownership.” He added that the plate would likely be sold to a prominent Adelaide businessman for around $1.3 to $1.5 million. This is a record price for a South Australian number plate, with the previous highest being for a SA No. 1 Plate commemorating the Adelaide Grand Prix, which fetched $593,000 in 2020. Kay added that the older the number plate and lower the number, the higher the return expected at auction. “Number plates are a very historic connection back to 120 years ago when they were first issued,” Kay said. “They’re sort of triple threat, they look fantastic on a car, they have a great return in terms of investment and they have a certain level of prestige to them.” Anyone can purchase the rights to a number plate, however the plates can only be affixed to a vehicle that is registered to the state it belongs in. In New South Wales, a No. 1 plate surpassed its $10 million estimate and was sold for $12.4 million in January. Earlier this year, Victoria’s "luckiest" number plate with the number 888-888 sold for an eye-watering $230,000 to an anonymous buyer after it was privately owned for the past 30 years. Image: 7News

Money & Banking

Landmark aged care reforms set to benefit millions of Aussies

The federal government has reached a deal with the coalition for the long-awaited aged care reforms including $4.3 billion for in-home services. This means that senior citizens will be given more support and choice to live their golden years in dignity, as they intend to help them live at home for longer and improve conditions and protections for those in aged care facilities. "$4.3 billion will be invested in Support at Home, to come into effect on the first of July next year," Prime Minister Anthony Albanese announced at Parliament House on Thursday. The Support at Home package is expected to help 1.4 million Australians live independently at home with support, before going into aged care by 2035. It will provide support for nursing, occupational therapy and day-to-day tasks like cleaning, showering, dressing and shopping, with wait times for packages cut from 12 to three months. The government will also pay all of the cost of clinical care services, with a lifetime contribution cap of $130,000 for non-clinical care costs. Those using the Support at Home program could also get $25,000 in aid to spend their final three months at home, instead of the hospital. The $5.6 billion reform package is also set to affect the availability of funding for residential aged care, including a "no worse off" assurance that people currently in aged care won't be asked to pay more for their care. New aged care quality standards will also be implemented to improve the sector and drive higher-quality care. The government also promised more resources to investigate and penalise bad behaviour by providers. Albanese said the reforms will be the "greatest improvement" to the aged care sector in 30 years. “This is about caring for the generation that cared for us,” he said. “We will deliver historic aged care reforms to ensure the viability and quality of our aged care system and support the growing number of older Australians choosing to retain their independence and remain in their homes as they age.” Aged Care Minister Anika Wells said the changes would lead to more services for older Australians. “Our reforms will create better and safer care, help reduce the fear of a system that has been neglected for far too long,” she said. The reform has been welcomed as the number of Australians over the age of 65 is expected to double and those older than 85 are predicted to triple in the next four decades. Images: Shutterstock

Caring

"World's biggest" amber nugget worth over $1 million used as doorstop for decades

An elderly woman in Romania has unknowingly used one of the largest known amber nuggets in the world - worth over €1 million ($1.6 million) - as her doorstop for decades. The woman found the stone in the bed of a stream in Colti, a village in the southeast Romania, and used it as her doorstop for years without realising its value. Members of her family also reported that thieves had once broken into her home, but only stole a few pieces of gold jewelry, missing the seemingly insignificant rock. “In their frantic search for valuables, they overlooked the real treasure that was there before their eyes,” they said. It wasn't until after the woman died in 1991 that a relative who inherited her home suspected the doorstop might be more than meets the eye - and he was right. When he sold the amber to the Romanian state, experts at the Museum of History in Krakow, Poland appraised the rock and found that the amber is likely between around 38 and 70 million years old. “Its discovery represents a great significance both at a scientific level and at a museum level,” Daniel Costache, director of the Provincial Museum of Buzau, told local news outlet El Pais. The expert also claimed that the amber is one of the largest pieces in the world and the largest of its kind weighing a hefty 3.5-kilograms. It has now been classified as a national treasure of Romania, and can be found in the Provincial Museum of Buzau, where it has been since 2022. Romania is one of the countries with significant deposits of amber, with Buzau County being one of the areas where you can find these beautiful stones in abundance. The protected area also contains the old Stramba amber mine, which was very productive during the first half of the 21st century, before it was shut down by the communist regime as it was considered unprofitable. Image: Buzău County Museum

Home & Garden

Millions warned over huge change to speed cameras

For years, drivers in New South Wales have relied on the point-to-point speed camera rule, which only captures the speed of heavy vehicles, but that rule is set to change as part of a new trial as the state attempts to lower their death toll. The point-to-point, also known as average speed cameras are set to be turned on for all vehicles in two regional locations during the trial. The first location will be 15-kilometre stretch on the Pacific highway between Kew and Lake Innes in Port Macquarie, and the second location will be on the Hume Highway between Coolac and Gundagai, with 16km between the two cameras. “NSW is the only jurisdiction in the world to use average speed cameras but restrict their use to heavy vehicles only,” Roads Minister John Graham said. “In the context of a rising road toll, now is the time to trial these cameras for light vehicles and understand if we can keep more people safe on the road more of the time.” He added that all other states in Australia, as well as the UK and Norway have found the average speed cameras to be effective. “All other mainland Australian states and countries like the UK, Norway, Italy and the Netherlands have found average speed cameras to be effective and we aim to be as rigorous as possible to be sure they will also reduce road trauma in NSW.” “Rather than test your speed at a particular point in time, like a mobile speed camera, these test the speed you’re driving over 15 or 16 kilometres,” he said. “That means it’s a truer reflection of how quickly people are driving.” He added that the trial is focused on regional NSW as it has suffered a disproportionate amount of road fatalities, with six road deaths and 33 serious injuries between 2018 and 2022. “Although only a third of people live in regional New South Wales, that’s where two thirds of the deaths from road crashes happen," he said. Speeding contributed to 44 per cent of NSW road fatalities last year, three-quarters of which were in the regional parts of the state. The trial will run for six months, and for those caught speeding, they will be given a 60-day warning letter period, before financial and licence penalties kick in. Images: news.com.au

Legal

Cash boost for millions of Aussies as indexation kicks in

Millions of Australians are set to get a cash boost within weeks as the Services Australia payments are indexed on top of additional increases to Rent Assistance payments, with the changes coming into effect on September 20 The indexation will be applied to a range of pensions and payments including the Age Pension, Disability Support Pension and Carer Payments, Commonwealth Rent Assistance, JobSeeker, and Parenting Payments. The indexation increases of up to $41.50 a fortnight will vary based on the payments. Centrelink JobSeeker recipients will receive an extra $71.20 per fortnight. “Single JobSeeker Payment recipients with an assessed partial capacity to work of 0 to 14 hours per week will move to the higher rate of JobSeeker, receiving $849.50 a fortnight,” the Department of Social Services said. The maximum rates of Commonwealth Rent Assistance will be increased by 10 per cent. For families with one or two children, he Rent Assistance fortnightly payment will increase by $27.02. Single age pensioners will see an increase of $28.10 to their fortnightly payments, and recipients in a couple will receive a combined $42.40 increase to their payments. The same increase will apply to the Disability Support Pension and Carer Payment. Single recipients receiving the fortnightly Parenting Payment will receive a $19.80 increase, while single recipients without children will get a $15.30 boost. Image: Shutterstock

Money & Banking

$79 million in toll rebates yet to be claimed

Toll rebates worth $79 million are yet to be claimed by motorists in New South Wales, with some drivers eligible to receive thousands of dollars in refunds. Around 350,000 motorists across Sydney can claim back their toll spending according to new state government data, following the introduction of the toll cap scheme earlier this year. The scheme has reduced the amount motorists have to pay to a maximum of $60 on roads, and to date it has given back $39 million to motorists, largely from Sydney's west. Government figures show drivers in Auburn receiving the biggest average toll relief of $554, followed by motorists in Lakemba with $513. Motorists in Wiley Park had an average toll rebate of $461, while the average rebate for all NSW drivers is around $254. There remains $79 million to be claimed by motorists from tolled trips since the beginning of this year. Drivers who spend more than $60 and less than $400 per week can have their tolls refunded through the scheme. Toll costs over $400 can be partially refunded. Motorists can claim up to a maximum of $340 per week for each tag or licence plate. Claims can be made quarterly for drivers who have linked their e-tag to their Service NSW accounts and motorists have until the end of June 2025 to claim their rebates. Image: Nine News

Domestic Travel

Millions warned as dangerous disease spreads in Melbourne

Health authorities have issued an urgent warning to Victorians after multiple people have been admitted to hospital with severe symptoms. Victoria's Department of Health has revealed it is investigating an outbreak of Legionnaires disease after a "significant increase" in cases across Melbourne since Friday. Over just three days, 22 cases of the disease have been confirmed with another six cases suspected. Most of the cases are in adults aged over 40, with many of them requiring hospitalisation and intensive care for severe pneumonia. Health authorities are now searching for the source of the outbreak, as the health department said in a statement, "Legionnaires' disease can cause a chest infection with symptoms of fever, chills, cough, headache and muscle aches and pains. Other atypical symptoms may include nausea, vomiting, diarrhoea and confusion." "All cases have visited or reside in metropolitan Melbourne. Those most at risk are adults aged over 40 years, especially people with other medical conditions or immune compromise, or who smoke." The source of the outbreak is not yet known but investigations are underway to determine where it has come from. Legionnaires' disease is spread by breathing in fine droplets of water that contain legionella bacteria, and is not commonly spread from person-to-person or by drinking contaminated water. The <a href="https://www.health.vic.gov.au/health-alerts/outbreak-of-legionnaires-disease-in-metropolitan-melbourne" target="_blank" rel="noopener">Department of Health</a> is urging anyone who lives in, works in or has visited metropolitan Melbourne and surrounding areas to seek urgent medical care if they develop symptoms. Image credits: Shutterstock

Caring

Elon Musk tops donations as millions raised for Trump shooting victims

In the wake of the assassination attempt on former President Donald Trump, a groundswell of support has emerged from celebrities, business leaders, Republican Party notables and countless regular Americans for those affected by the event that left Trump injured, one man dead, and two others in critical condition. A <a href="https://www.gofundme.com/f/president-trump-seeks-support-for-butler-pa-victims" target="_blank" rel="noopener">GoFundMe campaign</a>, initiated by Trump's top finance person, Meredith O'Rourke of Tallahassee, initially set a goal of $1 million. However, by Monday morning, donations had already far surpassed this target. As of Monday evening, the online fundraiser had amassed over $4.6 million from more than 60,000 donations. Prominent figures have made substantial contributions, with tech mogul Elon Musk donating $100,000 in two instalments late on Monday, while the Ultimate Fighting Championship and its president, Dana White, each contributed $50,000. Meredith O'Rourke, the organiser of the fundraiser, said that the collected funds would support the victims and their families, aiding in recovery and providing assistance to those in mourning. "This is about coming together as a community to help those who have suffered from this senseless act of violence," O'Rourke stated. Among the victims is volunteer fire chief <a href="https://www.oversixty.com.au/health/caring/hero-victim-identified-at-trump-rally-shooting" target="_blank" rel="noopener">Corey Comperatore</a>, aged 50, who was praised by Pennsylvania Governor Josh Shapiro as a hero who shielded his wife and daughter during the shooting. Two other individuals remain in critical condition as they recover from their injuries. Here are some of the notable donors who have contributed to the "Butler PA Victims GoFundMe" campaign: Elon Musk: $100,000. The Tesla CEO, X (formerly Twitter) owner, and SpaceX founder, now a Texas resident, has a significant presence in Florida due to regular launches from Cape Canaveral. Kenneth C. Griffin: $100,000. The founder and CEO of multinational hedge fund Citadel LLC, Griffin, is a Daytona Beach native who maintains a home in Miami. Governor Rick & Ann Scott: $50,000. Rick Scott, the former governor of Florida, has been serving as a U.S. senator from Florida since 2019. Kid Rock: $50,000. Versatile musician and entertainer Kid Rock is renowned for blending rock, hip-hop, and country genres, delivering energetic performances and chart-topping hits over a career spanning more than two decades. Image: GoFundMe

Money & Banking

Major banks hand over millions in refunds over unfair fees

Four major Australian banks are set to cough up close to $30 million in refunds to low-income customers after the Federal corporate watchdog revealed a pattern in high fees. A new report from the Australian Securities and Investments Commission revealed ANZ, Commonwealth Bank, Westpac, as well as mid-tier Bendigo and Adelaide Bank kept at least two million low-income customers in high-fee accounts. Many of these low-income earners rely on Centrelink payments, and were unfairly slapped with unreasonably high fees. The report followed an ASIC review which focused on improving financial outcomes for First Nations customers by addressing avoidable bank fees. “We focused in this project on the banks who were most likely to have First Nations consumers on low incomes trapped in high-fee accounts,” ASIC commissioner Alan Kirkland said. ASIC said the four banks have committed to moving more than 200,000 customers into low-fee accounts, saving them about $10.7 million a year, with the financial institutions also committed to refunding over $28m in fees to these customers over the next 12 to 18 months. This includes $24.6 million to Aboriginal and Torres Strait Islander students and apprentices receiving ABSTUDY payments, and customers in areas with significant First Nations populations. “At any time ASIC, and the community, expects that the banks will treat their customers fairly,” Mr Kirkland said. “But that’s particularly important for people on low incomes and for people who are struggling to make ends meet, the last thing they need is to have the very little income that they have being eaten away in unnecessary bank fees.” Mr Kirkland added that the implications of ASIC’s latest review applied to all banks across the country. “We’re expecting all of them to read the report and make improvements to their practices to stop other people being trapped in high-fee accounts that they can’t afford,” Mr Kirkland said. Image credits: Shutterstock

Money & Banking

Bruce Lehrmann ordered to pay millions to Network Ten

Bruce Lehrmann has been ordered to pay a whopping $2 million to Network Ten to cover the network's legal fees from his failed defamation lawsuit. Lehrmann's suit against the network, and in turn The Project and Lisa Wilkinson, came to a end when Justice Michael Lee found he had, on the balance of probabilities, raped Brittany Higgins at Parliament House in March 2019. The former Liberal staffer's case was dismissed after Justice Lee concluded he was not defamed by Lisa Wilkinson's tell-all interview with Brittany Higgins on The Project in 2021. Following the conclusion of the case, Lehrmann was ordered to pay Network Ten's astonishing legal fees, returning to court on Thursday to discuss the manner in which they will be paid. Ten’s barrister Zoe Graus on Thursday told the court that the broadcaster had sought a $2m lump-sum payment from Mr Lehrmann which Justice Lee ordered that Lehrmann pay, though he noted Mr Lehrmann was a man of “modest means”. As a result, Mr Lehrmann could be forced into bankruptcy if he fails to meet the hefty costs order. The court was told that Network 10 had offered to pay Ms Wilkinson $607,850 for the journalist’s legal costs, given the fact that she had independent representation during the trial. However, an independent referee will determine the final amount to be paid to Wilkinson. Image credits: MICK TSIKAS/EPA-EFE/Shutterstock Editorial

Legal

Aussies urged to claim their share of millions of unclaimed cash

Aussies are being urged to claim their share of $577 million which is sitting unclaimed with Revenue NSW, with about $234 million of that designated as belonging to residents who have yet to claim it. During the last financial year, NSW Government returned more than $21.8 million in unclaimed funds to Aussies, setting a record in the process. The unclaimed funds are comprised of payments, refunds, unpresented cheques, dividends and other money that organisations cannot transfer to its rightful owners, sometimes due to something as simple as changed addresses or bank accounts. While $234 million is being held by the government for NSW residents who are known, the further $343 million is designated to those who live outside New South Wales or are currently unknown. For Sydney residents alone, approximately $85.4 million is currently waiting to be claimed by rightful owners. The average amount of unclaimed money owed on the register is $391, and more than $154 million has been claimed back from the government in the past decade. “Despite doing our best to give unclaimed money back to the people it’s owed to, we’re still seeing more money referred to us than people are claiming,” Chief Commissioner of State Revenue Scott Johnston said. “We want to make sure everyone knows about the unclaimed money register, so they can jump online, find out if any money is owed to them and undertake the process to get it back." “That way we can ensure more money is being returned to those it belongs to, rather than sitting with us for extended periods of time after enterprises and organisations pass it on.” You can find more information about the unclaimed funds, and search the register for your share on <a href="https://www.revenue.nsw.gov.au/unclaimed-money" target="_blank" rel="noopener" data-link-type="article-inline">Revenue NSW’s website</a>. Image credits: Shutterstock

Money & Banking

COVID vaccines saved millions of lives – linking them to excess deaths is a mistake

<div class="theconversation-article-body"><a href="https://theconversation.com/profiles/paul-hunter-991309">Paul Hunter</a>, <a href="https://theconversation.com/institutions/university-of-east-anglia-1268">University of East Anglia</a> A recent <a href="https://bmjpublichealth.bmj.com/content/2/1/e000282">study</a> has sparked another <a href="https://nypost.com/2024/06/06/us-news/covid-vaccines-may-have-helped-fuel-rise-in-excess-deaths-since-pandemic-study/">round of</a> <a href="https://www.telegraph.co.uk/news/2024/06/04/covid-vaccines-may-have-helped-fuel-rise-in-excess-deaths/">headlines</a> <a href="https://www.gbnews.com/health/covid-vaccine-side-effects-deaths">claiming</a> that COVID vaccines caused excess deaths. This was accompanied by a predictable outpouring of <a href="https://x.com/DrAseemMalhotra/status/1797922073798717524">I-told-you-sos</a> on social media. Excess deaths are a measure of how many more deaths are being recorded in a country over what would have been expected based on historical trends. In the UK, and in many other countries, death rates have been higher during the years 2020 to 2023 than would have been expected based on historic trends from before the pandemic. But that has been known for some time. A couple of years ago I wrote an article for <a href="https://theconversation.com/summer-2022-saw-thousands-of-excess-deaths-in-england-and-wales-heres-why-that-might-be-189351">The Conversation</a> pointing this out and suggesting some reasons. But has anything changed? The authors of the new study, published in BMJ Public Health, used publicly available data from <a href="https://ourworldindata.org/COVID-vaccinations">Our World in Data</a> to determine which countries had “statistically significant” excess deaths – in other words, excess deaths that couldn’t be explained by mere random variation. They studied the years 2020 to 2022 and found that many, but not all, countries did indeed report excess deaths. The authors did not try to explain why these excess deaths occurred, but the suggestion that COVID vaccines could have played a role is clear from their text – and indeed widely interpreted as such by certain newspapers. There is no doubt that a few deaths were associated with <a href="https://journals.sagepub.com/doi/full/10.1177/25166026211053485">the COVID vaccines</a>, but could the vaccination programme explain the large number of excess deaths – 3 million in 47 countries – that have been reported? Based on <a href="https://www.ons.gov.uk/peoplepopulationandcommunity/birthsdeathsandmarriages/deaths/articles/excessdeathsinenglandandwales/march2020todecember2021">death certificates</a>, during 2020 and 2021 there were more deaths from COVID than estimated excess deaths in the UK. So during the year 2021 when most vaccine doses were administered, there were actually fewer non-COVID deaths than would have been expected. It was only in 2022 that excess deaths <a href="https://www.ons.gov.uk/peoplepopulationandcommunity/birthsdeathsandmarriages/deaths/articles/deathregistrationsummarystatisticsenglandandwales/2022">exceeded COVID deaths</a>. If the vaccination campaign was contributing to the excess deaths that we have seen in recent years, then we should expect to see more deaths in people who have been vaccinated than in those who have not. The most reliable analysis in this regard was done by the UK’s <a href="https://www.ons.gov.uk/peoplepopulationandcommunity/birthsdeathsandmarriages/deaths/articles/excessdeathsinenglandandwales/march2020todecember2021">Office for National Statistics (ONS)</a>. In this analysis, the ONS matched death registrations with the vaccine histories of each death recorded. They then calculated “age-standardised death rates” to account for age differences between those vaccinated and those not. What the ONS found was that in all months from April 2021 to May 2023, the death rate <a href="https://www.ons.gov.uk/redir/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJpbmRleCI6MSwicGFnZVNpemUiOjEwLCJwYWdlIjoxLCJ1cmkiOiIvcGVvcGxlcG9wdWxhdGlvbmFuZGNvbW11bml0eS9iaXJ0aHNkZWF0aHNhbmRtYXJyaWFnZXMvZGVhdGhzL2RhdGFzZXRzL2V4Y2Vzc2RlYXRoc2luZW5nbGFuZGFuZHdhbGVzIiwibGlzdFR5cGUiOiJyZWxhdGVkZGF0YSJ9.Cot-XDe8Rr07paGllBNnVVz1nTqnXfVafn2woA3tk0c">from all causes was higher</a> in the unvaccinated than in people who had been vaccinated at least once. That deaths from all causes were lower in the vaccinated than the unvaccinated should come as no surprise given that COVID was a major cause of death in 2021 and 2022. And there is ample evidence of the <a href="https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10492612/">protective effect of vaccines</a> against severe COVID and death. But what is even more convincing is that, even when known COVID deaths were excluded in the ONS report, the death rate in the unvaccinated was still higher, albeit not by very much in more recent months. Some COVID deaths would certainly not have been recognised as such. But, on the other hand, people with chronic conditions, such as diabetes, were a high priority for vaccination. And these people would have been at increased risk of death even before the pandemic. <h2>Possible causes</h2> If the vaccine is not the cause of the excess deaths, what was? The major cause of the excess deaths reported in the first two years of the BMJ Public Health study was deaths from COVID. But by 2022, excess deaths exceeded COVID deaths in many countries. Possible <a href="https://theconversation.com/summer-2022-saw-thousands-of-excess-deaths-in-england-and-wales-heres-why-that-might-be-189351">explanations</a> for these excess deaths include longer-term effects of earlier COVID infections, the return of infections such as influenza that had been suppressed during the COVID control measures, adverse effects of lockdowns on physical and mental health, and delays in the diagnosis of life-threatening infections as health services struggled to cope with the pandemic and its aftermath. We do need to look very carefully at how the pandemic was managed. There is still considerable debate about the effectiveness of different behavioural control measures, such as self-isolation and lockdowns. Even when such interventions were effective at reducing transmission of COVID, what were the harms and were the gains worth the harms? Nevertheless, we can be confident that the excess deaths seen in recent years were not a consequence of the vaccination campaign.<img style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important;" src="https://counter.theconversation.com/content/231776/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" /> <a href="https://theconversation.com/profiles/paul-hunter-991309">Paul Hunter</a>, Professor of Medicine, <a href="https://theconversation.com/institutions/university-of-east-anglia-1268">University of East Anglia</a> Image credits: Shutterstock This article is republished from <a href="https://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/covid-vaccines-saved-millions-of-lives-linking-them-to-excess-deaths-is-a-mistake-231776">original article</a>. </div>

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COVID vaccines saved millions of lives – linking them to excess deaths is a mistake

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