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New England-based autonomous submarine startup Corridian emerges from stealth with a $38M seed led by Point72 Ventures and plans to unveil its first AUV in 2027 (Colin Demarest/Axios)

1 day 18 hours ago

Colin Demarest / Axios:
New England-based autonomous submarine startup Corridian emerges from stealth with a $38M seed led by Point72 Ventures and plans to unveil its first AUV in 2027  —  Corridian, a New England-based robo-submarine maker, exited stealth Tuesday morning alongside word of its $38 million seed.

Public service union refuses to back Labor at Victorian election, condemning job cuts and $1.2bn consultant spend

1 day 18 hours ago

Exclusive: Community and Public Sector Union denounces ‘privatisation by stealth’, joining growing number of unions turning on Carroll government

Victoria’s public servants union says it will not support Labor at this month’s state election, condemning the government for cutting public service jobs while spending $1.2bn on consultants.

The Community and Public Sector Union (CPSU) will announce the decision on Wednesday, joining several other unions that have refused to back Labor or are actively campaigning against the government ahead of the 28 November poll.

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Snowy Hydro 2.0 executives awarded bonuses totalling $751,925 despite cost blowout

1 day 18 hours ago

Annual reports show NSW renewable company’s CEO opted out of cash bonus, while CSIRO’s chief received an extra $200,000

Executives at the troubled Snowy Hydro company collectively banked bonuses worth a combined $751,925 in the last financial year, despite its renewable energy project blowing out to 12 times its original cost.

But Guardian Australia can reveal chief executive, Dennis Barnes, who has a base salary of $1,845,126, opted not to accept the extra cash.

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