Aussies are not expected to be able to travel overseas until late 2021, the Treasurer has confirmed after handing down the Federal Budget. Speaking to the National Press Club on Wednesday, Josh Frydenberg said international borders would likely remain “largely closed off until late next year”. The Treasurer said the Budget assumed domestic borders would reopen by December, but international ...
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Singapore international borders: Australians allowed from October 8, but Victorians still banned
Singapore will open its borders to Australians from next week, but will continue to exclude Victorians from entering the country. The Civil Aviation Authority of Singapore (CAAS) released a statement on Wednesday saying that, from midday on Thursday (2pm AEST), October 1, Australian citizens could apply for an Air Travel Pass for entry to the country on or after October ...
Read More »New Zealanders will soon be able to travel to Australia under a one-way travel bubble
The announcement by Prime Minister Scott Morrison comes as the Australian government discusses the possibility of a travel bubble with Singapore. New Zealand residents will soon be able to holiday in Australia as part of a one-way travel bubble the government hopes will provide a much-needed boost to the struggling tourism sector. South Australia and New South Wales will be ...
Read More »FEATURE: WHICH TOWNS WIN WITH AUSTRALIA’S BORDER SHUT?
In this cross-posting from The Conversation, Monash University’s Isaac Gross discusses which towns could benefit from an increase in domestic tourism caused by the closure of Australia’s borders. Christmas promises the gift of open travel within Australia, and possibly to New Zealand and even other Pacific Island nations. But it seems increasingly likely international borders will remain largely closed until ...
Read More »Victoria hotel quarantine inquiry: systemic issues more urgent than individual blame
Victoria’s second wave of coronavirus was caused by a mix of bad luck and bad management We have learned a lot from the judicial inquiry into hotel quarantine in Victoria, and the lessons should not be obscured by the fact that the failures were systemic and cultural, rather than the result of people acting corruptly or in bad faith. Ministers, ...
Read More »Rooftop solar enters brave new world as South Australia leads shift to tighter rules
Queensland tourism destinations have featured in nine of 10 «hotspots» for mortgage deferrals as operators looked to recoup costs during the peak of the COVID-19 pandemic. New analysis from Equifax, which analysed repayment information from the big four banks, found that when broken down by region mortgage holders in the Whitsundays were the most likely to defer repayments. The Whitsundays ...
Read More »Let›s be creative and use this budget to stimulate the economy
In framing Budget 2021, Minister for Finance Paschal Donohoe will not only have to contend with the fiscal and economic fallout of the Covid-19 pandemic but he will also have to be mindful of the increasingly likely prospect of a no-deal Brexit, the urgent need to address climate change, ongoing reform of international tax rules, and the prospect of further ...
Read More »Eurozone economy barely grew in September, PMI data show
Mumbai: The Reserve Bank of India›s decision to defer this week›s interest rate meeting has underscored the government›s failure to act in time – be it appointing members to the Monetary Policy Committee or boosting stimulus – to support an economy facing its worst contraction in history. While the central bank didn›t cite any reason for rescheduling its three-day meeting ...
Read More »China urges US to respect market economy, fair competition principles
China has always opposed the United States’ unreasonable action of bullying foreign enterprises by abusing state power and the concept of national security, foreign ministry spokesperson Wang Wenbin said on Monday. Wang made the remarks in response to a query about a preliminary injunction issued by a federal judge Sunday night against a US administration’s order to ban the popular ...
Read More »U.S. September job report is going to show economy entering a weaker phase
American households are used to television dramas where difficult problems are resolved in one hour, or perhaps eight one-hour episodes on Netflix. So it is with the economy, and there is a growing perception the U.S. economy has been suffering for long enough that the worst must be behind us. Gregory Daco, chief U.S. economist at Oxford Economics, said he ...
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