Australia’s telco and energy sectors agree to boost infrastructure resiliency

Communications Alliance and Energy Networks Australia (ENA) have signed a memorandum of understanding (MoU) to improve the way the two sectors collaborate and share knowledge when responding to emergency situations.

Under the MoU, the pair have agreed to improve the safety of communities by mitigating risks caused by telecommunications or power outages during emergencies, as well as the sustainability of telecommunications and power supply services to communities affected by emergencies to support their recovery.

The MoU also sets out that the two sectors will collaborate and coordinate on preparing telecommunications and electricity networks and infrastructure for responding to emergencies at local, regional, and state level.

A report prepared by the Australian Communications and Media Authority (ACMA) in May found that during the peak period of the Black Summer bushfires, most telecommunication outages were due to power failures rather than direct fire damage to communication assets.

The report found that during

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Australian science and technology sectors talk of ‘revival’ as Federal Government splashes the cash in Budget

It was 2013 and the Coalition, under the leadership of Tony Abbott, had just taken power.

The new prime minister unveiled his cabinet, what he called one of the most experienced in Australian history.

But one portfolio was missing.

For the first time since 1931, there was no minister for science.

The CSIRO, and the country’s climate science body was significantly watered down.

A year later, the science portfolio would be reinstated, but for many in the science community, the damage was done.

Fast forward to today and it’s a different story: the Morrison Government is winning widespread praise from the science and technology sectors.

As soon as the Budget landed this week the praise started flowing from science bodies across the country.

The Budget would spur a “research revival”, according to Science & Technology Australia, Australia’s peak body for science and tech industries.

It said it was a “shot

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The sectors with most remote-working job opportunities in the UK

Since the outbreak of the coronavirus pandemic interest in remote roles has skyrocketed. Photo: Getty
Since the outbreak of the coronavirus pandemic interest in remote roles has skyrocketed. Photo: Getty

The IT sector has the most job opportunities for remote workers following the coronavirus lockdown, new research from job search engine Adzuna has found.

A third of all UK remote job openings are in IT, with 15,400 remote jobs on offer — representing just under a quarter (24%) of IT vacancies and one-third (33%) of overall remote opportunities.

Since the outbreak of the coronavirus pandemic, interest in remote roles has skyrocketed as people worked from home during lockdown and UK prime minister Boris Johnson announced that employees who can “work effectively from home should do so over the winter.” Searches for “remote” opportunities have risen over 680% compared with January 2020.

READ MORE: 72% of UK workers say diversity important when job hunting

However, the number of remote roles on offer has increased just 147%

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A Wall Street strategist says it’s time to exit tech stocks, and recommends 3 sectors that are cheaper and steadily improving


 

  • Steven DeSanctis of Jefferies told CNBC on Tuesday that many large technology stocks are getting “pricey” and investors should look for alternatives in other sectors. 
  • “At nine times revenue, 10 times revenue, it gets a little pricey, and with that any bad news will actually be a huge detriment to these stocks,” the equity strategist said, referring to technology stocks. 
  • He recommends investors buy stocks in industrials, consumer discretionary, and materials sectors as alternatives to technology.

Steven DeSanctis, Jefferies equity strategist, told CNBC on Tuesday that many large technology stocks are getting “pricey” and there are cheaper alternatives that investors can buy now.

“At some point you have to say what is too high,” DeSanctis said, referring to tech stock valuations. “At nine times revenue, 10 times revenue, it gets a little pricey, and with that any bad news will actually be a huge detriment to

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