Labor’s industrial relations legislation contains a “major flaw” that will apply its “same job, same pay” policy to service contracts, potentially including IT, lawyers and accountants, one of Australia’s foremost academic experts has said. Prof Andrew Stewart made the comments at the Minerals Council’s conference on Wednesday, siding with employers who have raised similar warnings that a major plank of ...
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Labor demands investigation into Liberal party’s ‘misleading’ postal vote strategy for the voice
Labor has called for an investigation into the Liberal party’s “misleading” postal vote strategy for the voice referendum. The Liberals have been accused of “dirty tactics” for sending out anti-voice pamphlets that include a QR code for postal vote registrations. That link takes voters to a party website to gather their personal information, despite the fact postal vote registrations are ...
Read More »Australia to roll out new south-east Asia trade strategy to hedge against China
Anthony Albanese will fly to Jakarta this week to launch a major new strategy to deepen Australia’s trade and investment ties with south-east Asia and hedge against top trading partner China. Despite China recently reopening the door to key Australian exports that it shunned at the height of diplomatic tensions in 2020, the Albanese government wants to diversify economic ties ...
Read More »Australia’s delicate dance with the United States and China
US Deputy Secretary of State Wendy Sherman is a precise and disciplined speaker, minimalist in her articulation of the Biden administration’s wide-ranging policy towards its greatest competitor – the People’s Republic of China. The spy balloon incident earlier this year is a background, but her speech in February at the Brookings Institution, America’s leading foreign policy think tank, was aimed ...
Read More »Rabbitohs to consult players on Voice as PM rallies support
Anthony Albanese’s beloved South Sydney Rabbitohs say they will consult players before taking a public stance on the Voice as the prime minister says he expects sports stars to get behind the referendum. Albanese said he would be surprised if Australians did not see a range of sporting figures advocating for an Indigenous Voice to parliament. AFL icon Adam Goodes ...
Read More »2024 MG Cyberster electric car
The 2024 MG Cyberster electric roadster from China has leaked online, ahead of its formal unveiling expected within the next 12 months. Photos and details of the Cyberster – the first all-new MG sports car in two decades, and its first with electric power – have leaked through China’s Ministry of Industry and Information Technology. The production car’s styling is ...
Read More »Economic benefit going to rich ‘inequality on steroids’, Australia Institute report finds
A disparity between how much of the economic benefits the vast majority of Australians get compared to the top end of town has been described as “inequality on steroids”. A new report shows 90 per cent of Australians received just seven per cent of the benefits of real economic growth over a decade from 2009. The top 10 per cent ...
Read More »IMF expects Australia’s economy to slow amid ‘perilous’ international pressures
Australia’s economic growth will slow as the global economy faces “perilous” challenges, persistently high inflation and risks of further financial turmoil, the International Monetary Fund said in its latest global outlook report. The country’s gross domestic product grew last year by 3.7% but is expected to expand just 1.6% this year and 1.7% in 2024, according to the IMF’s forecast ...
Read More »Australia not immune to global economic downturn but hopes recession could still be avoided
Australia could still avoid a recession despite fresh forecasts providing a grim backdrop for the upcoming budget, the Treasurer says. The International Monetary Fund slashed the outlook for the Australian economy overnight and warned the chances of a global hard landing and inflation remaining higher for longer, have risen. Jim Chalmers said while Australia was not immune from the global ...
Read More »Albanese urged to slash spending to infrastructure projects including Suburban Railway Loop to fix budget deficit
Prime Minister Anthony Albanese is being urged to cut spending to “very costly” major projects across Australia if the government hopes to curb spiralling debt ahead of May’s federal budget. The Grattan Institute has issued several recommendations to slash projects like Victoria’s Suburban Railway Loop and increase taxes, amid concerns Australia faces 25 years of budget deficits. In October’s budget, ...
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