3Bridges Board and Directors are pleased to announce the appointment of incoming CEO Raj Nair. With extensive experience in the for-profit and not for profit sectors, working for organisations in areas as diverse as disability services, education, manufacturing and fast-moving consumer goods (FMCG), Raj has the expertise and experience to grow 3Bridges while continuing to retain the high standards ...
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Scott Morrison: Australia is the greatest multicultural nation in the world
Immigration has been a key pillar of our economic and social success and will continue to be a big part of our future. While the COVID-19 pandemic has tested all Australians, I believe the business incentives in the 2020-21 Budget will especially support our hard-working multicultural communities who have always demonstrated such strong entrepreneurialism. Our multicultural communities and citizens ...
Read More »International students could return to Australia as soon as late 2020 requirement for partner visas
When will international students return to Australia? According to the country’s federal budget papers, the answer may likely be in the later part of 2021. Australia’s treasury forecast — which was released on Oct. 6, 2020 — said COVID-19 is a once-in-a-century occurrence that has fundamentally reshaped Australia’s economic and fiscal outlook, adding that the pandemic has had a profound ...
Read More »PM Scott Morrison answers questions on new English language test requirement for partner visas
Prime Minister Scott Morrison says the new English language requirement for partner visa applicants and their permanent resident sponsors announced as part of the Federal Budget will be a ‘basic language competency test’ aimed at enabling migrants to get the best out of life in Australia. In an unanticipated move, a «shocker» in the Morrison Government’s Budget announced an English ...
Read More »3. For the average clock puncher, there’s one government policy above all else that
1. The Morrison government has handed down its Federal Budget, claiming it to be the most important since World War II. Certainly, there are some historic numbers in there, including an almost $1 trillion national debt by 2024. But rather than trawl through the thing, here are the biggest policy takeaways and what the next few years might look like. ...
Read More »BOJ Kuroda warns climate change among biggest challenges facing global economy
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Wednesday climate change is among the biggest challenges facing the global economy, joining a growing debate about how policymakers should address the growth risks posed by global warming. Kuroda, former head of the Asian Development Bank, said some regions in Asia are particularly vulnerable to the economic consequences of ...
Read More »Tweaking tax system will secure economy amid harsh conditions
One of the guiding principles of the Coalition is that people should keep more of what they earn. After all, governments, as Sir Robert Menzies would say, do not have any money of their own: it›s the people›s money. This is why the Coalition has significantly cut taxes for households and businesses: more than $300 billion in the last two ...
Read More »IMF chief says world economy faces long ascent from Covid crisis
The head of the International Monetary Fund has said the recovery in the global economy since the spring is fragile and warned Rishi Sunak and his fellow policymakers against an over-hasty withdrawal of support. In a speech intended as a curtain-raiser for next week’s annual meeting of the Washington-based organisation, Kristalina Georgieva said the unprecedented action taken by central banks ...
Read More »Coalition bets on business for Covid recovery as Victoria reports six new cases – as it happened
Victoria reported six new Covid-19 cases and two deaths in the past 24 hours. The premier, Daniel Andrews, said he was confident that an outbreak in the suburb of Chadstone was under control, but that “you can only know what you know. We can’t say what comes in tomorrow’s testing or the day after”. In New South Wales, three new ...
Read More »Australia›s dependence on China has never been so starkly illustrated
The budget forecasts tell the tale. Eight of Australia’s top 10 trading partners are expected to see a contraction in economic growth in 2020. China and Taiwan are the only exceptions. The global economic massacre is laid out line by line in budget paper number one. India and Europe down by 9 per cent, Japan almost 6 per cent, the ...
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