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Clive Palmer splurges $8.3million on super yacht and gives it a touching name - as he makes waves in Queensland's billionaires' playground

Billionaire mining magnate Clive Palmer has purchased a $8.3million super yacht and renamed it after his late mother. Mr Palmer reportedly arrived at Hamilton Island, in Queensland's Whitsundays, last week to take possession of the 12-foot Sunseeker. He purchased the boat, previously known as Vegas, from a businessman in July, the Sunday Telegraph reported. Billionaire mining magnate Clive Palmer has reportedly named a $8.3million yacht he bought in June after his mother The boat was previously named Vegas. However, when it appeared last week, the superyacht had been repainted and renamed the Nancy-Jean However, when it appeared last week in the resort playground, the superyacht had been repainted and renamed the Nancy-Jean. The boat is named in honour of Mr Palmer's mother, who died in 2014.  She was in her 90s when she passed away 'peacefully'.  Residents said the arrival of Mr Palmer's yacht has 'turned a few heads' for many reasons - in an area where it

Working from home is BAD for business: Bosses accuse WFH staff of skiving off and driving down productivity while lamenting loss of 'creative combustion' from the office

Business leaders are railing against Government proposals to impose a second national lockdown as they claim that working from home is bad for productivity, fuels loneliness and would finish the UK economy.  Bosses grappling with the shift by millions of people towards working from home fear the model could stifle creativity and wreck productivity over the long-term. Some chief executives have reported being able to save money on rent for office space in expensive cities like London, while office staff who hate commuting enjoy working from the comfort of their own homes - or back gardens. But there is a general concern among industry leaders that the model of work could lead to increased feelings of isolation and loneliness, and in turn hurt Britain's productivity - already lagging behind other advanced economies. Business leaders are now looking to Chancellor Rishi Sunak to soften the Prime Minister's attitude towards coronavirus restrictions as Boris Johnson is advised by Gov

Twist in JobSeeker saga as it emerges handout's fate WON'T be decided anytime soon - and the coronavirus supplement will be extended past new year

The fate of the government's JobSeeker handout will not be decided in next month's federal budget, despite growing calls for the more certainty around the scheme. Under the subsidy program an extra $550 was added to the base rate of $565.70 a fortnight for those looking for work. The generous payment was introduced in April to help the surging number of recently unemployed workers get through the coronavirus crisis. But on September 24, the $550 top up will be slashed to $250, as the Australian economy begins to rebound from the pandemic and more jobs come back. The $250 handout, which about 1.4 million Australians rely on, is set to end on December 31. According to the government, it's too early to say whether the program - which has already cost $12billion - should be extended into the new year.  The fate of the government's JobSeeker handout will not be decided in next month's federal budget, despite growing calls for the more certainty around the scheme. Picture

Life's a beach for some in Melbourne during lockdown as scores of people flock to the coast to enjoy 26C heat... while anti-lockdown protesters are arrested as Freedom Rally tensions boil over

The city may still be in Stage Four lockdown, but plenty of people were still out enjoying the sunshine at beaches in Melbourne on Saturday.  Dozens of residents were seen at Elwood Beach, in Brighton, on Saturday as the mercury jumped to a warm 26C - with most wearing face masks as they soaked up the sun.  Melbourne's first step out of lockdown allows people to visit one friend or family member outside of their home for socialising or exercise. People are now also allowed to exercise with their entire household.  But while all was calm on the beach, just 10 minutes away police officers were arresting  anti-lockdown protesters demonstrating against the city's harsh restrictions. Dozens were seen pictured Elwood Beach, in Brighton, on Saturday as the weather warmed up to 26C Melburnians took advantage of the easing of lockdown restrictions on Saturday with many heading to the beach to soak up the sun - while anti-lockdown protesters were arrested just ten minutes away Up to 150