State energy minister fears the grid needs overhaul amid increased extreme weather. Follow the day’s news live
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Good morning and welcome to Guardian Australia’s politics blog. I’m Martin Farrer and I’ve got the best overnight stories for you before Amy Remeikis takes you through the main action of the day.
The US$1.89bn HyperVerse crypto scandal takes another twist today with our top story revealing that Australia’s corporate watchdog referred the company to Victoria police over concerns about “possible fraud offences” at a related company in 2020. However, nearly two years later, the police passed it back and said the watchdog was “best placed” to investigate. By that time the company was imploding with many Australians out of pocket by thousands of dollars.
Continue reading…State energy minister fears the grid needs overhaul amid increased extreme weather. Follow the day’s news liveGet our morning and afternoon news emails, free app or daily news podcastGood morning and welcome to Guardian Australia’s politics blog. I’m Martin Farrer and I’ve got the best overnight stories for you before Amy Remeikis takes you through the main action of the day.The US$1.89bn HyperVerse crypto scandal takes another twist today with our top story revealing that Australia’s corporate watchdog referred the company to Victoria police over concerns about “possible fraud offences” at a related company in 2020. However, nearly two years later, the police passed it back and said the watchdog was “best placed” to investigate. By that time the company was imploding with many Australians out of pocket by thousands of dollars. Continue reading…