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Leading our news this morning. The major banks are on a collision course with the Federal Government over plans for far-reaching financial reforms. The Murray report also shake up the superannuation and credit charge sucharges. It recommends banks hold billions of dollars in extra capital to protect taxpaypers in case of another financial crisis. Absolutely appropriate way we look at what can be done to mitigate1 the risks the taxpayers2 are onto the hook we would support that. But we need to make sure that in doing that, we're doing a way that is appropriate impact on their economy.
Sydney is cleaning up after the weekend of wild weather. The State of Emergency Service received more than a thousand calls for help. Strong winds, hail and heavy rain cause wild spread damage and flash flooding. Across East New South Wales, thousands were lived without their power.
Typhoon Hagupit is weakening as it makes its way across Philippines. Up to millions of people fled their homes as the typhoon brought destructive winds and rain. At least 3 people have died and the authority could be days before fully3 extended damage can be assist.
And Labour looks sent to return majority of government of in south of Australia after receiving a big swing at a weekend bar election. Labour remains4 600 votes ahead and accounting5 these days officially continues. Premier6 Jay Weatherwill explaining the voted satisfaction people government fall can be turned around.
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1 mitigate | |
vt.(使)减轻,(使)缓和 | |
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2 taxpayers | |
纳税人,纳税的机构( taxpayer的名词复数 ) | |
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3 fully | |
adv.完全地,全部地,彻底地;充分地 | |
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4 remains | |
n.剩余物,残留物;遗体,遗迹 | |
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5 accounting | |
n.会计,会计学,借贷对照表 | |
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6 premier | |
adj.首要的;n.总理,首相 | |
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