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Australia's Northeast Braces for Second Cyclone in a Month
  + stars: | 2024-01-22 | by ( Jan. | At P.M. | ) www.usnews.com   time to read: +2 min
By Renju JoseSYDNEY (Reuters) - A tropical low in the Coral Sea will likely develop into a cyclone and hit Australia's northeast later this week, the weather bureau said on Tuesday, a month after tropical Cyclone Jasper caused widespread damage across the region. "It is intensifying and will likely reach cyclone strength overnight tonight or during Wednesday ... a coastal crossing is most likely overnight on Thursday," Laura Boekel, forecaster at the Bureau of Meteorology, said during a press briefing. Heavy rain will drench regions that are already wet, significantly raising the risk of flash flooding, Boekel said. "This could be a very widespread as well as a very long-duration event," Boekel said. Cyclone Jasper in December left a trail of destruction in Queensland's northern regions, forcing some residents to flee their homes and cutting off towns.
Persons: Renju Jose SYDNEY, Laura Boekel, Boekel, Renju Jose, Stephen Coates Organizations: Meteorology, Cyclone Locations: Cyclone Jasper, Queensland, Queensland's, Sydney
Steve Storm / Anglesea Golf ClubWater hazardsThere is no need for a no-petting rule for other animals that commonly inhabit Australian golf course – chief among them, crocodiles. “Everyone asks about crocodiles – some out of fear, others excitement,” Half Moon Bay’s general manager Tim Mackrill told CNN. Half Moon Bay Golf ClubOperating in the course’s favor is a “crocwise” nature built into the majority of the club’s players. The last big crocodile to be removed by rangers from Half Moon Bay was in 2019. Half Moon Bay Golf ClubHissing holeSometimes though, it’s inquisitive wildlife that brings potential danger to patrons.
Persons: ‘ Roos, ‘ roos, It’s, Marg Lacey, , ” Anglesea, ” Lacey, roos, you’ve, , Steve Storm, Tim Mackrill, ” Mackrill, Amanda Jayne, Jayne, Jayne’s, Luke Goodier, ” Jayne, it’s Organizations: CNN, Golf, , birdlife, The Locations: Australia, Melbourne, , England, Australian, Northern Territory, Queensland, Cairns, Eastern Australia
Some 36 years on and seven National Rugby League (NRL) titles later, the 73-year-old supercoach will plot the Sharks' downfall again on Saturday when he coaches the Dolphins in his 900th championship match. Emotions may run high during the game, but the famously taciturn Bennett will likely have his usual poker-face on while looking to engineer victory. Tributes from players, fellow coaches and NRL head office have rained down on the luminary this week. No NRL coach has come close to Bennett's tally of games, with second-placed Tim Sheens, the 72-year-old Wests Tigers manager, yet to crack 700. He wandered into it when asked to mentor a junior side at Queensland's police academy after the team's coach fell ill.
As a result, the world's largest listed miner reported underlying profit attributable from continuing operations of $6.6 billion, down from $9.72 billion a year earlier. That missed a Vuma Financial estimate of $6.82 billion, as earnings from copper and coal came in lower than analysts had expected. Shares of the global miner fell as much as 2.8% to A$47.11, their lowest since Jan. 6 and were down 2% at 0138 GMT in a broader market (.AXJO) that was down 0.5%. BHP also said it expected aggressive global interest rate hikes from last year to slow growth sharply across the developed world. BHP has threatened not to invest in Queensland after the state hiked its coal royalties to the highest rate in the world.
SummarySummary Companies H1 profit misses estimateInterim dividend beats estimatePositive on demand outlook from ChinaStarts process to sell two Queensland met coal minesFeb 21 (Reuters) - Global miner BHP Group (BHP.AX) was positive about demand outlook through to fiscal 2024 as top metals consumer China reopens and shifts policy towards its debt-laden property sector, the company said on Tuesday after its 2023 first-half profit missed estimates. However, its interim dividend of 90 cents per share, while lower than last year's $1.50 per share, beat Vuma Financial's estimate of 88 cents. "We are positive about the demand outlook in the second half of fiscal 2023 and into fiscal 2024, with strengthening activity in China on the back of recent policy decisions the major driver," Chief Executive Officer Mike Henry said. But the reopening of the world's second-biggest economy and a property sector policy shift has BHP upbeat on the commodity demand outlook. However, in an environment where central banks are aggressively tightening their monetary policy, BHP expects its operating environment to remain volatile in the near term, but expects China to be a source of stability for commodity demand.
The world's largest listed miner said iron ore production from mines it operates Western Australia on was 74.3 million tons for the three months ended December, up 1% from 73.9 million tons a year earlier and beating a consensus of 71.9 million tons. "China's pro-growth policies, including in the property sector, and an easing of Covid-19 restrictions are expected to support progressive improvement from the difficult economic conditions of the first half," BHP said. BHP joined peer Rio Tinto to expect that China's measures to support its property sector will underpin solid demand for their steel-making products. China is set to be a stabilizing force for commodities demand this year as developed nations face economic headwinds, BHP said on Thursday as it posted higher quarterly iron ore shipments that beat expectations. The mining giant reaffirmed its fiscal 2023 forecast for Western Australian iron ore output at between 278 million tons and 290 million tons.
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