Insurance giant Munich Re buys internet of things company Relayr in $300m deal

Tuesday 4 September 2018 1:34 pm Insurer Munich Re announced today the acquisition of tech company Relayr which focuses on the “internet of things” in the industrial sector.The deal values the company at $300m (£233m)  and is part of Munich Re’s move to create new business models in the industrial internet of things sector. Insurance giant Munich Re buys internet of things company Relayr in $300m deal Read more: Private equity firm Apollo takes Aspen Insurance private in $2.6bn dealRelayr provides services to industrial companies looking to digitise their business.These include platforms which can be used by companies to connect hardware and software to extract and analyse data from objects such as machines and equipment.The data can then be used to help determine when a machine needs fixing or if it is likely to fail.Munich Re management board member Torsten Jeworrek said: “The internet of things is already changing our world and has the potential to disrupt the traditional insurance and reinsurance industry through new business models, services and competitors. whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryHouse CoastPregnant Beggar Was Asking for Help, But Then One Woman Followed HerHouse CoastZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen Heraldinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.commoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutBetterBe20 Stunning Female AthletesBetterBeTotal PastThis Woman’s Obituary Was So Harsh, Her Son Was Left ReelingTotal Past More From Our Partners 980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Share Read more: Value of inward UK M&A deals fell by £15.8bn in Q2“This acquisition is a clear example of our strategy: we are combining our own knowledge of risk, data analysis skills and financial strength with Relayr’s technological expertise. This is our basis to develop new ideas for tomorrow’s commercial and industrial world.”Although Relayr will become part of Munich Re it will continue to operate autonomously and the company said it will “retain its distinct start-up culture” in order to drive innovation and attract talent.The transactions is subject to regulatory approval and is expected to close within the next four to six weeks. James Booth whatsapp read more

Five Juneau residents ordered to pay fines, restitution for deer poaching

first_imgCrime & Courts | Juneau | Southeast | WildlifeFive Juneau residents ordered to pay fines, restitution for deer poachingApril 13, 2018 by Matt Miller, KTOO Share:Alaska Wildlife Troopers say this photo, believed taken on or about Dec. 13, 2015, is evidence of Juneau residents poaching deer. (Photo courtesy Alaska Wildlife Troopers)State wildlife officers have closed the case on what they call one of the most egregious cases of deer poaching in Southeast Alaska.Most of the defendants — including an Auke Bay charter operator — have pleaded guilty or no contest to the charges, and must pay fines and restitution.The operation dates back more than two years ago when a conscientious Alaskan hunter tipped off Alaska Wildlife Troopers.Alaska Wildlife Troopers say this undated photo is evidence of Juneau residents poaching deer in fall 2015. (Courtesy Alaska Wildlife Troopers)Trooper Jake Abbott took the lead on the investigation.Others from Wildlife Troopers, Alaska State Troopers and National Oceanic and Atmospheric Administration’s Office of Law Enforcement helped out as the case mushroomed.After tallying over a dozen illegally taken deer, Abbott said he pretty much stopped counting.“With this case and the length of the investigation, I finally just kind of reached a point where I just went ‘OK, I need to stop poking the hornet’s nest and just get people charged,’” Abbott said.“What often happens through the course of these investigations (is that) we take investigatory steps such as getting search warrants and stuff,” Abbott said. “Usually, through the course of that we end up finding other violations that have been committed.”The hunting violations included shooting from a boat, exceeding the bag limit, and abusing the proxy hunting system for elders and the disabled, Abbott said. He said the poachers evaded answering their questions because they knew what they were doing was wrong.Most of the violations occurred during the fall 2015 deer hunting season near Chichagof Island’s Elfin Cove and on Admiralty Island’s Glass Peninsula.Alaska Wildlife Trooper Jake Abbott stands in front of the Alaska State Trooper post in Juneau in July 2017. (Photo by Quinton Chandler/KTOO)Abbott said the Glass Peninsula is a pretty popular hunting area.“It’s an area that can be harder to get to, especially later in the season if people don’t have adequate boats because the Taku Inlet area can be a pretty nasty piece of water.”All of the defendants were either co-workers or somehow acquainted with each other, Abbott said.“With these people, these are all avid outdoorsmen. The majority of them, they were all involved either in the sport fishing industry as guides or they’re all avid hunters.”Abbott said troopers conducted interviews, served search warrants on the defendants’ homes, and combed social media for trophy shot pictures.Abbott said it’s hard to have your mind set on looking for just that one piece of evidence, that one thing.“You never know what might be that little piece of evidence, that little nugget of gold that can send you over the edge as far as being able to make a case or not,” Abbott said. “That was kind of the instance here in which we just kept finding little nuggets of gold, and more little nuggets of gold, then people’s statements corroborating what we were seeing or not seeing.”Grantley Moore, 43, of Juneau pleaded guilty in Feb. 8 to misdemeanor charges of unlawful possession, providing false information on a hunt report, and taking an over-limit of deer.“I’ve been pretty much been fishing my entire life,” said Grantley Moore in a promotional video for Moore Charters. “I grew up out in the middle of nowhere in Tenakee Springs.”Investigators determined that many of the deer hunting trips occurred on Moore’s charter vessel Eclipse.Moore did not return messages placed at his business seeking comment.As part of a plea agreement with prosecutors, charges of taking big game from a boat and unlawful possession or transportation of game were dropped.Moore was fined a total of $3,500 and ordered to pay the state $1,600 in restitution for illegally harvesting four deer.He also was put on probation for a year and lost his hunting privileges for two years.Tyler Matthews, 24, of Juneau pleaded guilty Feb. 1 to unlawful possession, taking big game from a boat and as a non-resident harvesting deer as a proxy when prohibited.As part of a plea agreement, the misdemeanor charges were reduced to violations, and two additional misdemeanor charges of unlawful proxy hunting and unlawful game possession or transportation were dropped.Matthews was fined a total of $900 and ordered to pay the state $800 in restitution for illegally harvesting two deer.Matthews could not be reached for comment.Alaska Wildlife Troopers say this photo, believed taken on or about Nov. 11, 2015, is evidence of Juneau residents poaching deer. (Courtesy Alaska Wildlife Troopers)Others charged in the case include Benjamin Olson, 30; Mckenzie Wilson, 24; and Wyatt Weimer, 25, all of Juneau.They earlier pleaded no contest at arraignment to violations of taking big game from a boat, unlawful possession, and unlawful proxy hunting.They were each ordered to pay fines up to $1,650 and restitution of as much as $800.There are two other defendants with unresolved cases.Daniel Collins, 22, of Oklahoma did not appear in court and a $500 arrest warrant has been issued. Anies Sadeghi, 25, of Juneau awaits trial, which begins May 22.Share this story:last_img read more

Swedish Riksbank cuts interest rates again to -0.35pc to stop krona strengthening

first_img Share whatsapp Clara Guibourg More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.com by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbesComedyAbandoned Submarines Floating Around the WorldComedyzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorEliteSinglesThe Dating Site for Highly-Educated Singles in ScottsdaleEliteSingles whatsapp Swedish Riksbank cuts interest rates again to -0.35pc to stop krona strengthening center_img Thursday 2 July 2015 6:45 am Tags: NULL Sweden has cut its interest rates again, from -0.25 per cent to -0.35 per cent.The Riksbank acted to weaken the Swedish krona, citing worries about the situation in Greece as well as economic uncertainty as explanations. The Eurozone economy is strengthening, but the past days’ events in Greece have created a good deal of uncertainty. Consequences for the Eurozone, and for Sweden, are difficult to estimate.Sweden’s central bank is working to stop deflation taking hold in the country, working towards a two per cent inflation rate. Its latest move comes as a response to concerns that an unexpectedly strong krona will hamper inflation.The situation in Greece was the focus of the press conference on Thursday, as Stefan Ingves, head of the Riksbank, commented that the Greek economy is small, and that Sweden’s trade with Greece is small.“Nevertheless, the situation increases uncertainty about recovery in the Eurozone,” he said.The Riksbank said in a statement that interest rates are expected to hold at -0.35 per cent for more than a year, and the bank doesn’t rule out further cuts to come. The rate cut took both markets and analysts by surprise. Reactions from analysts suggest the signal a rate cut sends might be more important than its size. “The central bank has come in for criticism for hiking rates too early in the past and this appears to be a concerted effort to avoid making that mistake again,” Thomas Laskey, fixed-income fund manager at Aberdeen Asset Management, commented to the FT. Following the surprise cut, the euro rose one per cent to 9.348 SEK.  Show Comments ▼last_img read more

Inmarsat reschedules GX satellite launch for August

first_img Express KCS Inmarsat reschedules GX satellite launch for August whatsapp Friday 7 August 2015 5:55 am Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Drake & Josh’ Star Drake Bell Arrested in Ohio on Attempted ChildThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The WrapWatch President Biden Do Battle With a Cicada: ‘It Got Me’ (Video)The WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunGameday NewsNBA Wife Turns Heads Wherever She GoesGameday Newszenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorTheFashionBallAlica Schmidt Is The Most Beautiful Athlete To ExistTheFashionBallOpulent ExpressHer Quadruplets Were Born Without A Hitch. Then Doctors Realized SomethingOpulent Expresscenter_img Share Show Comments ▼ AVIATION telecomms company Inmarsat has rescheduled the launch of a satellite needed to complete its new Global Xpress network for the end of August, after failures in May delayed operations.The telecom service for shipping and aviation had to delay the service, which it says will deliver $500m (£322.3m) in annual revenue within five years, when a rocket carrying a Mexican satellite blew up over Siberia minutes after launch.Chief executive Rupert Pearce said the launch would allow the operator’s latest network to start running by the end of the year.Pearce said: “A successful launch of I-5 F3 in late August will enable us to introduce global GX commercial services by the end of this year, providing a major catalyst for a step-change in revenue.”Sales to the end of June dropped five per cent to $616.2m compared with the same period last year. Pre-tax profit also fell to $165.9m from $168.3m. whatsapp Tags: Company Inmarsatlast_img read more

HHS takes aim at drug companies for an ‘abusive behavior’ in Medicaid

first_img What is it? HHS takes aim at drug companies for an ‘abusive behavior’ in Medicaid GET STARTED Politics Health and Human Services Secretary Alex Azar Mark Wilson/Getty Images STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. Top federal health officials are heralding new guidance they say will keep drug makers from taking advantage of a loophole in the Medicaid program’s complex payment structure for certain medicines.The new policy, first laid out in a February law, will help states and the federal government save money when drug makers increase the price of their drugs faster than inflation. The Department of Health and Human Services detailed the complicated algebra related to the change in new letters to states and drug companies. Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTED By Ike Swetlitz Aug. 9, 2018 Reprints Tags drug pricingMedicaidpolicySTAT+White House Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. Log In | Learn More What’s included?last_img read more

North Announces “White Paper” on SK Human Rights

first_img News News By Daily NK – 2014.04.30 2:41pm RELATED ARTICLESMORE FROM AUTHOR Facebook Twitter North Announces “White Paper” on SK Human Rights There are signs that North Korea is running into serious difficulties with its corn harvest Newscenter_img Entire border patrol unit in North Hamgyong Province placed into quarantine following “paratyphoid” outbreak North Korea tries to accelerate building of walls and fences along border with China SHARE News North Korea has announced the publication of a white paper criticizing the human rights situation in South Korea, condemning the Park Geun Hyeadministration as “puppets under the rule of an American colony.” In a piece published by the Rodong Sinmun on the 30thentitled, “Denounce the South Chosun Human Rights Situation – the Worst in theWorld,” it was written,  “The South saysit has a ‘government’ and ‘law,’ but they are nothing more than puppets. Theyare merely a tool used by the Americans in their colonial rule.” “The people of South Chosun are deprived of everything thanksto America. When human rights are infringed upon there is not even a place youcan go to complain,” it was stated.“Democratic rights and political freedoms are mercilesslyinfringed upon,” the piece continued, referring to South Korea’s practice ofdeleting pro-North comments made online and the arrest of leftist lawmaker Lee SeokKi on charges of “plotting a rebellion.” Specific instances were listed to show the “severe suppression ofpeople’s rights”, including examples of unemployment, suicideand the shutdown of civilian protests. Furthermore, it was written, “Over 60% of university students cannot afford their schoolfees so must work [to make ends meet]. Some even have to subject their bodiesto medical trials.”Human rights organizations providing assistance to NorthKoreans wishing to defect were similarly accused of “receiving assistance fundsfrom the puppet authorities and habitually engaging in acts of kidnapping.”The statement comes as international interest grows in theNorth Korean human rights situation in the wake of the recent report by the United Nations Commission of Inquiry detailing evidence of systemic andwidespread human rights violations perpetrated by the regime.  AvatarDaily NKQuestions or comments about this article? Contact us at [email protected] last_img read more

ASC suspends registration of Homerun Securities

The commission reports that ASC staff based that recommendation on, among other things, “their view that Homerun Securities failed to comply with the terms and conditions of its registration and Alberta securities laws by providing financial filings that were materially deficient.” Under the terms of the suspension, the firm is prohibited from withdrawing funds that are being used as regulatory capital; and, both the firm and its individual dealing reps are prohibited from carrying on the activities of a registered securities dealer. It has also been ordered to take down its internet presence, including public access to its website and all social media. And, at its website address, the firm is required to post a notice about the suspension and provide contact information for the issuers that it represents. Related news BFI investors plead for firm’s sale Keywords Exempt marketCompanies Alberta Securities Commission New exemption aimed at savvy investors in Alberta, Saskatchewan PwC alleges deleted emails, unusual transactions in Bridging Finance case Share this article and your comments with peers on social media The Alberta Securities Commission (ASC) Thursday suspended the registration of exempt market dealear Homerun Securities Inc. over concerns about its financial filings. The ASC says that the firm consented to the suspension after it was told that ASC staff were prepared to recommend to the commission’s executive director that its registration should be suspended. James Langton Facebook LinkedIn Twitter read more

Letters to the Editor: Cumming research leaves many unanswered questions

first_img Facebook LinkedIn Twitter Investor submissions to proposed DSC ban reveal anger, frustration Joanne De Laurentiis Related news Discount brokers face trailer-fee class action It must be recognized that every piece of research will have its strengths and weaknesses, limitations and biases. However, every piece of research also brings value and helps to illuminate a part of an issue. We should not dismiss work because it expands upon or provides a different point of view to other research. In fact, we should embrace it because public policy and regulation must govern practices in the real world, where financial decisions follow the rules of emotion rather than pure science. Douglas Cumming’s research provides useful insights and identifies questions for further analysis. Its limitation is that it’s based on aggregated fund-level data and cannot tell us what happens at the individual account level. It cannot tell us whether the correlations he found result in actual harm to the investor, given all of the other factors that influence financial product purchase decisions. It doesn’t tell us whether one compensation scheme results in less conflict than another. As The Brondesbury Group noted in its report for the Canadian Securities Administrators, there is no such thing as a “behaviourally neutral compensation scheme.” In addition, Cumming’s work doesn’t tell us anything about the potential impact on investors of regulatory intervention in advisor compensation. Results from decisions in the U.K. to eliminate trailer commissions point to reduced access to advice for low and modest investors. Would that happen here? Would modest investors be willing to pay significantly more for advice under a fee-for-service model? Would unadvised modest investors save less? Does it matter? Will increased disclosure under the client relationship model reforms help investors take disclosed conflict into consideration in their decision-making? All of these questions — and more — require additional analysis and discussion if policy-makers and regulators are to proceed in a way that serves investors well. IFIC and the investment funds industry have every intention of being part of these future discussions and of continuing to contribute fact-based analysis to the dialogue. Joanne De Laurentiis President and CEO The Investment Funds Institute of Canada Toronto Proposed class action against Mackenzie seeks $175 million in damages Keywords Embedded commissions RE: Science-denying tactics will do the mutual fund industry no good, by Neil Gross, Inside Track, investmentexecutive.com, February 22, 2016 The Investment Funds Institute of Canada (IFIC) finds it ironic that Neil Gross would counsel the investment funds industry to abandon providing any further analysis to the discussion of mutual fund fees. It was IFIC that first strongly pushed regulators to take an independent research-based approach to policy-making — and IFIC that has made many robust contributions to the field. Share this article and your comments with peers on social medialast_img read more

Judges House opens at Yellow Rock

first_imgJudges House opens at Yellow Rock A newly refurbished cottage located between the bush and the beach in Murramarang National Park has now opened for guests, providing unique visitor accommodation in one of the most pristine locations on the sought-after NSW south coast. Located in Yellow Rock, Murramarang National Park, the Judges House is nestled in bushland with access to a secluded beach and boasts stunning views across Batemans Bay.The three-bedroom weatherboard cottage features huge windows which bring the outside in, an open plan living area and large wraparound deck to relax on and enjoy the natural surrounds and water views.Judges House is perfect for families, couples, small groups, from Sydney, Canberra and other areas of NSW wanting to enjoy a quiet getaway with many activities on offer, while for bigger groups the existing Yellow Rock Beach House nearby is also available to be booked.The new accommodation offers access to its own private beach just steps away for swimming, kayaking or canoeing and fishing. Guests can explore bushwalking tracks in the area which wind through coastal bushland and the rocky coves of Murramarang National Park.Ideal for holidaymakers wanting a remote nature stay with modern conveniences within reach, Judges House is only a 30-minute drive from the restaurants, cafes and shops of vibrant coastal town Batemans Bay.Over the past year NPWS has carried out structural and engineering works, services upgrades, complete internal refurbishment, an extension to the deck and newly appointed fittings and furnishings throughout.Revenue from the accommodation will be re-invested in the maintenance of the cottage and the Murramarang National Park.Rates: From $350 – $450 per night. Minimum stay requirement applies. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:AusPol, Batemans Bay, beach, bushwalking, Canberra, Engineering, environment, fishing, Government, house, National Park, New South Wales, NSW, revenue, Sydney, the Rock, Waterlast_img read more

Polling: Majority of Tasmanians Want ‘Good Government’ Reforms

first_imgPolling: Majority of Tasmanians Want ‘Good Government’ Reforms Australia InstituteNew research from the Australia Institute Tasmania finds most Tasmanians (87%) want Truth in Political Advertising laws, and a ban on political donations by the gambling industry (73.3%). Four in five (80.1%) Tasmanians agree the Tasmanian Integrity Commission should undergo structural change so its design is improved and its existing powers, including holding full inquiries with public hearings, are utilised.Key Findings:Almost nine in ten (87%) Tasmanians agreed that Tasmania pass ‘truth in political advertising’ laws so that it is illegal for political parties and candidates to publish ads that are inaccurate and misleading, with only 5.1% disagreeingVast majority (73.3%) of Tasmanians support a ban on political donations by the gambling industry, with only 21.7% disagreeing.Four in five (80.1%) Tasmanians agree the Tasmanian Integrity Commission should undergo structural change so its design is improved and its existing powers, including holding full inquiries with public hearings, are utilised, with only 8.7% disagreeing.“Our research shows there is widespread community concern about the poor performance of the Tasmanian Integrity Commission and a clear message to improve its functioning so its existing powers, including holding full inquiries with public hearings, are utilised,” said Eloise Carr, director of the Australia Institute Tasmania.“There is clear appetite from Tasmanians for the Government to create ‘truth in political advertising’ laws so that it is illegal for political parties and candidates to publish ads that are inaccurate and misleading.“There has been increasing pressure for transparency on political donations since the 2018 election. The Government failed to meet its promise to introduce a donation disclosure regime before the next election. Tasmanians want to know who is funding their politicians when they go to the ballot box this Saturday and they don’t want it to be industries with vested interests.“The community is crying out for better governance, all we need now is the political will to make it happen,” Ms Carr said.The Australia Institute Tasmania research recommends a co-ordinated approach to reform across four key areas:Strengthening the Tasmanian Integrity CommissionIntroducing Truth in Political Advertising laws such as those in South Australia and the Australian Capital TerritoryAdopting an Election Donations regime with a low disclosure threshold for disclosure in real timeImproving our Right to Information system /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Australia, Australia Institute, Australian, Commission, community, director, Disclosure, donation, election, gambling, Government, industry, research, South Australia, Tasmania, Tassielast_img read more