Here is a look at what is making news around the country today.
Today’s national news includes the Australian government proposing new laws to detain potentially dangerous migrants, Australia’s 7-11 chain sold for $1 billion, ICTSI to finish $235 million VICT terminal expansion this year, and Volkswagen Australia to launch a new line of e-vehicles.
Nation
New laws to detain potentially dangerous migrants
The Australian government has proposed new laws that would place behind bars some of the 141 migrants who have been set free in the three weeks since the High Court ruled their indefinite detention was unconstitutional, ABC News reported. Home Affairs Minister Clare O’Neil said Parliament would not end sittings for the year as scheduled next week unless new laws were enacted to allow potentially dangerous migrants to be detained.
Business
7-Eleven Australia sold for $1.7 billion
The 7-Eleven Australia chain, one of the nation’s most recognisable brands, has been sold by its family owners to a Japanese company for $1.7 billion, Shepparton News has reported. The Withers and Barlow families have sold to 7-Eleven International, a joint venture between 7-Eleven Inc and Seven-Eleven Japan. The transaction is expected to be completed in the second quarter of next year.
https://www.sheppnews.com.au/aap-finance/7-eleven-australia-sold-to-japan-company-for-1-7b/
Companies
ICTSI to finish Australia terminal expansion this year
International Container Terminal Services, Inc. (ICTSI) said the expansion of its unit in Australia will be completed by yearend, Business World reported. The project is a substantial leap forward for VICT (Victoria International Container Terminal). It will redefine the container terminal landscape at the Port of Melbourne and set new industry standards for operational efficiency and capacity. The expansion project—costing $235 million—would allow VICT to service larger vessels.
Motoring
New line-up of e-vehicles to be introduced by Volkswagen
Volkswagen Australia will unveil a range of new electric vehicles and upgraded vans to the Australian market by the end of 2024. The lineup includes the highly anticipated all-new ID. Buzz electric people-mover and its cargo twin, the T7 Multivan and California, and the updated Crafter van, Motor Mouth reported. Volkswagen Australia aims to cater to the growing demand for electric vehicles and provide customers with a wide range of options in the people-mover and commercial van segments.
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