Australia news live: Hunter Valley bus crash driver loses appeal against 32-year sentence; ASX plunges amid AI bubble worries

A NSW court has rejected an appeal from the driver responsible for one of Australia's deadliest bus crashes. Brett Andrew Button, 60, is serving a 32-year sentence after his bus tipped over at a roundabout in the Hunter Valley, killing 10 mostly young wedding guests and injuring another 25 in June 2023. Button had claimed some of the charges against him were double-counted, but the court has upheld the full term and 24-year non-parole period.

The driver was found guilty of driving too fast and under the influence of Tramadol when he caused the crash. His lawyer argued that the sentence was disproportionate to the crime, but the court agreed with the original verdict.

Separately, Australian shares have fallen sharply after Wall Street sold off technology stocks overnight. The benchmark S&P/ASX 200 fell over 1.5% in early trading and is now down about 4% from its record highs hit last month, representing around $140bn in market losses.

Concerns are growing about the "AI bubble" that has seen tech stocks rise sharply. Some analysts believe that the market may have gotten ahead of itself and that the Federal Reserve may not cut interest rates as expected.

In other news, a special school in Brisbane has closed after discovering asbestos in its sensory play activities. The Australian Competition and Consumer Commission had recalled the products due to potential health risks.

Finally, former competition watchdog chair Graeme Samuel has called for an end to the native forest logging exemption from national environment laws. He believes that the exemptions should be removed and that national environmental standards should govern regional forest agreements.
 
๐Ÿ˜• what's going on with this country? first we got some driver goin down for 32 yrs over 10 lives lost & now tech stocks are tankin like they're at war ๐Ÿ’ธ๐Ÿคฏ anyone else thinkin the AI bubble is gonna burst soon? ๐Ÿค”

I'm so worried about those asbestos issues in schools, how can we even call ourselves a civilized society if we let kids play with potentially toxic materials ๐Ÿšซ๐Ÿ’€ we need to be more careful & responsible as parents, teachers & citizens ๐Ÿ‘Š

and what's the deal with this native forest logging exemption? I think Graeme Samuel's got a point, it's time for some real change & accountability ๐ŸŒณ๐Ÿ‘ฎโ€โ™€๏ธ
 
omg u guys this court case is soooo harsh!!! ๐Ÿคฏ i feel bad for brett button, he got a pretty rough sentence considering he didn't even mean to crash or anything... like 32 years is crazy!! ๐Ÿ˜ฉ and now tech stocks are plummeting too which sucks because it's kinda worrying that the AI bubble might pop ๐Ÿšจ๐Ÿ‘€ gotta be careful not to get caught up in the hype, right? anyway what's up with this asbestos thing at the school tho ๐Ÿคข gotta hope all those kids are ok...
 
just saw this news about the aussie bus crash ๐Ÿ˜ฑ and i gotta say, 32 years is a pretty long time to be behind bars but i guess u can't make excuses for being drunk & on meds while driving ๐Ÿš—๐Ÿ’‰ anyone know how he's doing in prison tho? anywayz, tech stocks have been all over the place lately ๐Ÿ’ธ๐Ÿ“‰ and it's like, are we really ready for AI revolution or is it just a hype? ๐Ÿค–โ€โ™‚๏ธ also, asbestos in sensory play activities ๐Ÿคฏ what's next?! ๐Ÿ‘€
 
omg this bus crash news is still giving me nightmares ๐Ÿค• 32 years in prison for that?! i feel so bad for the families of those who lost their loved ones ๐Ÿ˜” it's just crazy how fast someone can lose control and cause such destruction on the road.

and what's going on with tech stocks? everyone's all like "the AI bubble" is gonna pop ๐Ÿ“‰ i kinda get why they're worried though - if the fed doesn't cut interest rates as expected, things could get messy for investors. but at the same time, it seems like we've been seeing some pretty wild market swings lately... any expert predictions out there? ๐Ÿ’ธ
 
๐Ÿค” just wondering how a 32-year sentence can be considered fair for something that's literally taking people's lives, but at the same time, tech stocks are having some major bubble issues ๐Ÿš€๐Ÿ’ธ i mean, shouldn't we be focusing on making sure our roads are safe before we're worried about what's going to happen in the market? and while we're on the topic of safety, asbestos in a school is just devastating ๐Ÿ˜ž how can we expect to build strong communities when we're still dealing with things like this?

anyway, back to the bus crash - 24 years without parole seems excessive to me ๐Ÿคทโ€โ™€๏ธ maybe it's because i'm not a lawyer or anything, but it feels like there should be some room for mercy. and what's up with the Federal Reserve? if they're not going to cut interest rates, when exactly are we expecting them to step in? ๐Ÿ’ธ๐Ÿ•ฐ๏ธ
 
OMG u guys!!! can't believe what's happening in Australia rn!!! ๐Ÿ˜ฑ first off, this driver Brett Button who's responsible for one of Australia's deadliest bus crashes is still getting away with a relatively short sentence lol 32 yrs is like, soooo lenient considering the lives lost ๐Ÿคฏ his lawyer said the sentence was disproportionate but the court was all "nope" and upheld the original verdict... I mean what even is that?! ๐Ÿ˜ก how can someone get away with killing 10 people and injuring 25 others in such a reckless way?!

and omg don't even get me started on this tech bubble ๐Ÿคฏ Aussie shares are tanking like, 4% from their record highs already and it's all because of the "AI bubble"!!! some analysts are saying that the market is getting ahead of itself and that the Federal Reserve might not cut interest rates as expected... I'm so done with these crazy markets ๐Ÿ’ธ it's like they're playing some kind of twisted game where the only winners are the ones with deep pockets ๐Ÿค‘

and on a completely different note, asbestos in sensory play activities at a special school in Brisbane?!?! ๐Ÿ˜ท how is this even possible?! didn't we learn from the asbestos scandal all those years ago?! it's like we're just relearning everything over and over again... why can't we get it together as a society?!

anywayz that's my rant for today ๐Ÿคช what do u guys think about these news stories?!
 
can't believe the NSW court is still being so harsh on Brett Button ๐Ÿคฏ 32 years in prison seems pretty extreme, especially for a first-time offender. I mean, we've all had our share of mistakes behind the wheel but 32 years? feels like an overreaction to me. and what's with the tramadol thing? shouldn't that be considered when sentencing him? anyway, hope the Brisbane school kids get their sensory play activities sorted out ASAP ๐Ÿคž
 
Ugh I'm so behind on this news ๐Ÿ™ˆ. Anyway, about that bus crash... 32 years is a pretty harsh sentence if you ask me ๐Ÿค”. I mean, sure the guy was driving too fast and under the influence, but come on it's not like he meant to kill those people ๐Ÿ˜ฑ. I think 24 years of parole is way too long ๐Ÿ™„. And what's up with these tech stocks anyway? I remember seeing articles saying they were going to keep raising interest rates to slow down inflation, but now it seems like that might not happen ๐Ÿค‘. Is the AI bubble just a bunch of hype or are we actually due for a crash ๐Ÿคฏ?
 
๐Ÿ˜” this is just devastating news about Brett Button... 10 lives lost and 25 injured... I can only imagine how the families of those victims must be feeling right now ๐Ÿค• it's a tragedy, a senseless waste of young lives... driving too fast and under the influence... he should've been more careful ๐Ÿ™…โ€โ™‚๏ธ... a 32-year sentence is already so harsh, but I guess that's what happens when you put innocent people in harm's way ๐Ÿ’”
 
"Absolute power corrupts absolutely," ๐Ÿค‘

The recent bus crash verdict is a harsh reminder of the consequences of reckless behavior on the road. It's clear that Brett Button's actions were egregious, but it's also disturbing to see how quickly he was sentenced. 32 years in prison seems like a lot, especially considering he'll only serve about 8 more years before being eligible for parole.

On a separate note, the decline of tech stocks is a worrying sign for investors and economists alike. It's possible that the "AI bubble" has indeed burst, but it will be interesting to see how the market recovers. The Australian economy needs a stabilizing influence right now.

The asbestos scare in Brisbane highlights the importance of vigilance when it comes to product safety. Who knows what other potential health risks are lurking in plain sight?

It's heartening to see Graeme Samuel advocating for stricter regulations on native forest logging. Our environment is worth protecting, and we need stronger safeguards in place to ensure its preservation.
 
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