WEBVTT - Sydney's Tent City 06/06/24

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<v Speaker 1>This is the latest from your news feed. It's Thursday,

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<v Speaker 1>the sixth of June. An encampment of rough sleepers is

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<v Speaker 1>sprung up outside the Reserve Bank's Martin Place officers as

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<v Speaker 1>hundreds of people sleep on the street in the City

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<v Speaker 1>of Sydney every night. The situation has renewed calls from

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<v Speaker 1>business leaders for action to prevent Sydney becoming another version

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<v Speaker 1>of San Francisco, where homeless people and their tense line

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<v Speaker 1>city streets while people are forced to sleep on the

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<v Speaker 1>Sydney Street outside the building where the RBA's board sets

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<v Speaker 1>the official cash rate. The City of Sydney Council is

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<v Speaker 1>sitting with almost eight hundred million dollars in the bank.

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<v Speaker 1>Taxpayers are forking out two million dollars a year to

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<v Speaker 1>look after an intellectually disabled boy, but his care is

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<v Speaker 1>still failing so catastrophically he's been the subject of more

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<v Speaker 1>than five hundred critical incidents in less than two years.

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<v Speaker 1>In one emergency, the fifteen year old, who the Herald

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<v Speaker 1>Son has chosen to identify only as boy Why, was

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<v Speaker 1>even able to steal the keys from his cares, driving

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<v Speaker 1>it for an hour before slamming the vehicle into a

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<v Speaker 1>building he has had five near death experiences, including a

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<v Speaker 1>near miss electrocution, attempting to swallow glass and running on

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<v Speaker 1>a busy freeway. Will be back after this. A court

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<v Speaker 1>has heard to Queensland owned electricity generators allegedly manipulated the

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<v Speaker 1>price bracket of their wholesale power packages to create massive

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<v Speaker 1>artificial spikes in energy market prices for their own profit.

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<v Speaker 1>In one instance of the commercial bidding strategy, power prices

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<v Speaker 1>gradually increased from forty dollars and sixty seven cents per

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<v Speaker 1>megawatt hour to two hundred and ninety nine dollars ninety

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<v Speaker 1>five cents over twenty five minutes, before abruptly spiking to

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<v Speaker 1>twelve thousand, seven hundred per minis what hour, then dropping

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<v Speaker 1>back to thirty five dollars and fourteen cents. And alleged

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<v Speaker 1>bicycle bandit, armed robber and terminal cancer patient Kim Alan

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<v Speaker 1>Parsons has been approved of voluntary assisted dying and has

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<v Speaker 1>the means to end his life. Eight months before his trial,

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<v Speaker 1>The Advertiser can reveal mister Parsons, who has denied responsibility

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<v Speaker 1>for the infamous two thousands bank robbery spree, is in

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<v Speaker 1>possession of his vad kit and has approval to make

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<v Speaker 1>use of it. We'll have an update to your newspeed tomorrow.