Man dead after falling off a cliff while hiking in Kakadu National Park



NT emergency services have found the body of a 29-year-old man who slipped and fell off a cliff yesterday afternoon while hiking with friends in Kakadu National Park.

St John Ambulance NT operations manager Craig Garraway said it appeared the hiker had “slipped and fallen off of a cliff of some sort”.

“At 5:30pm yesterday we received a triple zero call with regards to a hiker who was hiking with some friends not far from the Ranger mine site,” he said.

“Emergency services responded there and police and health services out at Jabiru responded also.”

Late yesterday, CareFlight attended the scene in a helicopter, but had been unable to locate the man.

His body was found this morning.

NT Police, as well as Kakadu Park Rangers and CareFlight were all involved in the search effort.

Mr Garraway said the hiker had fallen “quite a distance”.

A report will now be prepared for the coroner.



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Fisherman dies after falling from cliff on South Australia’s Yorke Peninsula


A man is dead after falling from a cliff at the southern end of South Australia’s Yorke Peninsula.

Police and emergency crews rushed to Honiton, about 3 kilometres from the Troubridge Point Lighthouse, at about 2:00pm on Saturday after receiving reports a man had fallen.

The man, who was part of a fishing club, could be seen at the base of the cliff.

Police said he was close to the water’s edge and his condition was not known.

A medevac rescue helicopter was dispatched to assist crews.

Helicopter crew members assess the scene at the base of the cliff.(ABC News)

Facing treacherous conditions, the helicopter crew retrieved the body of the 45-year-old Willaston man.

Yorke and Mid North Police are now speaking to witnesses and will prepare a report for the coroner.

They said there were no suspicious circumstances surrounding the death.



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Avoiding an economic ‘cliff’ will require more spending


Just how much “fiscal space” a country has is a judgment call, but it’s safe to say Australia has a fair bit more up its sleeve. The same report said our projected government debt for 2021 as a share of the gross domestic product was about half the average for advanced economies.

But how far should governments go in propping up businesses and jobs that have been destroyed by measures to contain COVID-19? And when should we start to worry about the risks of taking on even more public debt?

So far, Australia’s economy has fared better than most in this crisis. The government rightly responded to the pandemic with one of the biggest stimulus packages in the world, relative to our size, which prevented much economic and social misery.

However, economists are still pretty gloomy when looking at what we’re facing in a few months’ time.

The sheer size of Australia’s stimulus effort, and the fact the spending is concentrated in the six months to September, means that removing it will have a big impact. ANZ Bank has even forecast the economy will shrink in the three months to December because of stimulus being withdrawn.

Business leaders are nervously awaiting this final quarter of the year, with National Australia Bank chief executive Ross McEwan last week supporting targeted packages to support the hardest-hit industries.

Illustration: Simon LetchCredit:

And Prime Minister Scott Morrison has indeed signalled there will be some targeted support for the sectors that have been forced to effectively close, such as aviation and international tourism.

The questions are how much extra support there will be, who will get it, and when does the downside of all that debt outweigh its benefit?

There are clearly limits on how much we can and should borrow, but the view of most market economists is we’re not there yet, especially in an era of ultra-low interest rates. More to the point, attempting to rein in debt through “austerity” would make a bad economic situation even worse.

Independent economist Saul Eslake says one of the key lessons of the aftermath of the global financial crisis overseas was the damage caused by withdrawing stimulus too early. “Germany, Britain and to at least some extent the United States tightened fiscal policy too early in 2010 and dealt their recoveries an unnecessary setback, and we don’t want to do that,” he says.

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ANZ Bank head of Australia economics David Plank, who is forecasting a budget deficit of $200 billion for the coming financial year, also says the debt being racked up is worthwhile. “I don’t think a deficit of $200 billion in 2021 is inappropriate. I think what would be inappropriate would be sharply withdrawing government spending,” he says.

Deloitte Access Economics partner Chris Richardson says that with official interest rates at rock bottom and unemployment high, it is a time for government spending to step into the breach. “A given dollar of government spending can do more good today than at any other time that Australians have ever known,” Richardson says.

Importantly, none of this is to say we should be writing a blank stimulus cheque, nor that every business can be saved. Further public spending to get the economy off a “cliff” is a far cry from what proponents of modern monetary theory advocate – expanding the money supply to finance government spending.

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It is also a sad reality that many businesses are likely to fail during this recession. It won’t be in the economy’s interests to have a series of so-called “zombie” companies – those that only survive because debt is extremely cheap, but are unable to invest.

Indeed, Eslake points out that part of improving Australia’s low productivity growth will involve allowing capital and labour to move to more productive uses. “We don’t want to adopt a suite of policies that inhibit the movement of labour and capital from low productivity uses to higher productivity uses,” he says.

Australia’s economy still faces a highly uncertain outlook as it tries to avoid the”cliff”, and there will no doubt be many hard decisions facing economic managers in the months ahead. But whether to provide more targeted stimulus to the economy should not be one of them.

Ross Gittins is on leave.

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Olympics: Luce Douady, 16, dead after cliff fall


Luce Douady was exploring a new section of cliffs near Grenoble in southeastern France with friends when she slipped from a difficult path and fell to her death on Monday. She was 16.

The talented climber, who won the junior world championship in bouldering last year, was seen as a future star of a sport set to be introduced at the Tokyo Olympics.

She was described as “brilliant in competition” by the French Mountain Climbing Federation, which expressed “the immense sadness of the climbing community”.

“This terrible news has hit her training comrades, coaches and her club hard. But today, the entire federation is in mourning,” the FFME added.

Douady’s climbing club paid tribute on its Facebook page to a “young woman full of energy, passions and talents”.

The exact circumstances of her death have not been reported.

Bouldering is a discipline of rock climbing where the athlete doesn’t use any safety equipment like ropes or harnesses because it’s performed on small rock formations or artificial walls.



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