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The Loop: Premier confronted over flood response, Twitter employees leave in droves, Sean Turnell returns from Myanmar

Hello, it's Friday, November 18. Here's what you need to get caught up on today's news.

A NSW man confronted the premier over his flood response

Resident Peter Jones confronted Dominic Perrottet over his flood response in the town of Eugowra in the Central West.

The town of 700 was hit by a wall of water on Monday, with more than 140 people needing to be rescued and 90 per cent of businesses and homes destroyed or damaged.   

More than a dozen helicopters were involved in the rescue operation. A clean-up is now underway, but Mr Jones told the NSW premier other responses have been too slow. 

'It's a disgrace': Eugowra resident confronts Dominic Perrottet over flood response

"People were just left to their own devices, we had no food, no clothing, no-one telling them what will happen next — no-one was here to help us," Mr Jones said.

"We have had enough floods and disasters in Australia, surely we don't have to wait?"

We heard Twitter employees are leaving the company in droves

Hundreds are estimated to be leaving after the company's new owner, Elon Musk, gave staff an ultimatum to work "long hours at high intensity", or leave.

Many opted to leave.

In a poll run on the workplace app Blind, 42 per cent of 180 people chose the answer for "Taking exit option, I'm free!"

A quarter said they chose to stay "reluctantly," and only 7 per cent of the poll participants said they "clicked yes to stay, I'm hardcore".

As for Musk, he was meeting some top employees to try and convince them to stay, one current staff-member and a recently departed worker who are in touch with Twitter colleagues said.

He was also tweeting:

The news Australia is searching for

  • MH17: A Dutch court has convicted three men over the downing of Malaysia Airlines flight MH17 after finding they helped procure the surface-to-air missile launcher that shot the plane out of the sky, killing 298 people — including 38 Australians.
  • Sean Turnell: The Australian economist has landed back home in Melbourne after enduring 650 days behind bars in Myanmar. The former adviser to deposed leader Aung Sun Suu Kyi was arrested after Myanmar's military coup in February 2021 and sentenced to three years in jail in September this year for "violating the country's official state secrets act".

News you might have missed

  • The United Nations has questioned Australia's treatment of people in immigration detention centres and prisons over concerns some practices might constitute torture. The UN's Committee Against Torture is reviewing Australia's progress on its human rights obligations, and has raised concern over its approach to imprisoning asylum seekers and the impact of indefinite detention. 

  • Prime Minister Anthony Albanese has indicated Australia is unlikely to back Taiwan's entrance into a major regional trade pact. Taiwan and China have both been pressing to join the CPTPP, and the Morrison government was open to supporting Taiwan's bid, but Mr Albanese says the agreement is only for nation-states. 

One more thing

The man appointed to administer collapsed cryptocurrency exchange FTX said he has never seen such "complete failure" of corporate control, and described the situation as "unprecedented".

John J. Ray III has previously overseen some of the highest-profile US corporate collapses, notably of energy giant Enron but this, he said, was the worst.

"Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here," he said.

"From compromised systems integrity and faulty regulatory oversight abroad, to the concentration of control in the hands of a very small group of inexperienced, unsophisticated and potentially compromised individuals, this situation is unprecedented."

FTX — set up by tech wunderkind Sam Bankman-Fried and his partners Zixiao "Gary" Wang and Nishad Singh in 2019 — collapsed spectacularly over the past few weeks.

That's it for now

We'll be back Monday.

ABC/wires

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