Tag: grows

  • Suburban rumble grows louder for our youth | JB Hi-Fi Ltd shares plunge due to lower sales as mul…

    Suburban rumble grows louder for our youth | JB Hi-Fi Ltd shares plunge due to lower sales as mul…

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    VIDEO: Monday Finance with Alan Kohler

    Shares in retailer JB HiFi crashed today after the company produced a disappointing annual result. NAB shares also closed lower for the same reason. Alan Kohler has the details.

    Shares in retailer JB HiFi crashed today after the company produced a disappointing annual result. NAB shares also closed lower for the same reason. Alan Kohler has the details.

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    The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.

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  • Super El Niño Threat Grows: Map Shows At-Risk States This Winter | UN, scientists warn that stro…

    Super El Niño Threat Grows: Map Shows At-Risk States This Winter | UN, scientists warn that stro…

    Explore the latest developments concerning Super El Niño.

    Super El Niño Threat Grows: Map Shows At-Risk States This Winter

    A developing El Niño climate pattern is forecast to strengthen significantly during the second half of 2026, with some forecasters warning it could evolve into a rare "super" El Niño and potentially rank among the strongest events on record.

    The National Oceanic and Atmospheric Administration (NOAA) says El Niño conditions are already established in the tropical Pacific and are expected to intensify through the end of the year, while some forecast models suggest the event could rival or even exceed the strength of historic El Niño episodes.

    El Niño is a natural climate pattern that occurs when sea-surface temperatures in the central and eastern tropical Pacific Ocean become warmer than average. Those warmer waters influence atmospheric circulation around the globe, altering rainfall, storm tracks and temperatures far beyond the Pacific basin.

    UN, scientists warn that strong El Nino will add fuel to ‘a planet already on fire’

    A firefighter moves beehives away from flames while battling a wildfire in San Martin de Valdeiglesias, west of Madrid, Spain, July 26, 2026. (AP Photo/Manu Fernandez, File)

    UNITED NATIONS (AP) — A strengthening El Nino has already broken records for intensity at its early stages, and it likely will spark even more wild weather worldwide as it grows, “adding fuel to a planet already on fire,” United Nations officials warned Friday.

    A key area of the Pacific Ocean used to measure the strength of El Nino this week reached its warmest and most intense level ever recorded for the 15th week since it formed, which is early in its lifetime, scientists at Columbia University reported.

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    India’s monsoon rains in danger as UN chief warns planet is ‘on fire’

    António Guterres says strengthening El Niño will help push the world’s climate crisis into ‘uncharted territory’

    India’s monsoon is in danger and hotter, drier conditions are forecast across much of the world as a stronger El Niño weather system is taking hold, weather experts have warned.

    António Guterres, the UN secretary general, said the strengthening El Niño was “adding fuel to a planet already on fire” and pushing the world into “uncharted territory”.

    The El Niño system will strengthen from August to October, which will bring higher temperatures globally, with increasing rainfall in some regions while others suffer drought, according to data and forecasts released by the World Meteorological Organization (WMO) on Friday.

    For more detailed information, explore updates concerning Super El Niño.

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  • ‘It’s fired people up’: support grows, including within Labor, for new gas tax to curb wart…

    ‘It’s fired people up’: support grows, including within Labor, for new gas tax to curb wart…

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    ‘It’s fired people up’: support grows, including within Labor, for new gas tax to curb wartime profits

    Government, industry and opposition see growing public support for a new gas tax but the industry is fighting back

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    The gas industry is mobilising in opposition to a potential new tax on the sector as political momentum builds – including among Labor MPs – for the government to use the May budget to prevent producers profiting from the Middle East war.

    The Australian Energy Producers (AEP) chief executive, Samantha McCulloch, claimed a new tax would punish the same Asian trading partners Australia was leaning on to supply more fuel amid the global energy crisis.

    Labor explores new gas tax to shield from Iran war shock

    The prime minister's department has requested modelling for a new levy on gas companies. (ABC News: Matt Roberts)

    Anthony Albanese's department has requested Treasury modelling on options to impose a new levy on gas companies, as well as further changes to the Petroleum Resources Rent Tax.

    The document, seen by the ABC, suggests the government is seeking advice on whether to impose the tax in the May budget to collect some of the windfall profits gas companies are making during the Middle East war.

    More than 500 million litres of petrol and diesel have been released from federal fuel reserves and directed to regional communities.

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  • Flood risk grows as heavy rain batters Queensland after ex-Cyclone Koji moves inland | Devastatin…

    Flood risk grows as heavy rain batters Queensland after ex-Cyclone Koji moves inland | Devastatin…

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    Flood risk grows as heavy rain batters Queensland after ex-Cyclone Koji moves inland

    Heavy rain has caused flooding at Clermont, inland from Rockhampton.  (Supplied: Ronel Aban Bingco)

    Heavy rain continues to batter north and central Queensland communities as ex-Tropical Cyclone Koji shifts inland.

    The Isaac Regional Council has issued a flood warning for residents in the rural town of Clermont.

    Heavy rainfall is extending south today, according to the Bureau of Meteorology.

    Authorities have issued a Flood Emergency Warning for the central Queensland town of Clermont as large parts of the state are on flood watch in the wake of ex-Tropical Cyclone Koji.

    The Isaac Regional Council says the town is experiencing flooding and residents in low-lying areas should monitor conditions and be prepared to move to higher ground.

    As ex-cyclone drenches north, thunderstorm risk reaches Brisbane

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    Communities are bracing for “life-threatening flash flooding” as the remnants of ex-cyclone Koji move westward across Queensland’s north, threatening regions still recovering from record rain in the new year.

    Koji was declared a cyclone on Saturday evening, and had been expected to cross the coast as a category 2 storm.

    In the early hours of Sunday it was downgraded to category 1, then weakened below tropical cyclone intensity as it crossed the coast between Ayr and Bowen about 10am.

    Speaking in Mackay on Monday, Premier David Crisafulli said government disaster response efforts were dropping medicine and supplies to cattle in western Queensland regions, where almost 50,000 animals had been lost.

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    The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.

    For more detailed information, explore updates concerning Flood risk grows.

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