Category Archives: Australian economy

Authorities use GPS data to try to find missing device – as it happened

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Perrottet promises easier access to housing for domestic violence victims

NSW domestic violence victims will have easier access to housing through concessions on stamp duty and rental bond loans if the Perrottet government is re-elected, AAP reports.

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Jim Chalmers says May budget to have ‘much bigger focus’ on tackling entrenched disadvantage

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Exclusive: Treasurer says ‘best way to shift the needle’ is to ‘find out where those challenges are most acute’, and ‘this is something I care deeply about’

Treasurer Jim Chalmers has revealed he will use the May budget to spearhead “a much bigger focus” on entrenched disadvantage in Australia’s most vulnerable communities to ensure people have better pathways to economic participation.

Chalmers told Guardian Australia’s politics podcast he was working with the social services minister, Amanda Rishworth, on a new package that would “identify some of the most vulnerable communities in our country, work out how to empower local leaders and pool our resources and make a meaningful difference to some on the entrenched disadvantage that’s in our country”.

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Linda Reynolds sends formal defamation complaint to Brittany Higgins’s partner – as it happened

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Ukrainian loss would embolden leaders in Pacific region, ambassador says

The ambassador of Ukraine to Australia and New Zealand, Vasyl Myroshnychenko, stresses that the reason Australia’s assistance needs to continue is because it’s in Australia’s interests to support the Ukraine:

The reason why we need to keep up and step up that assistance because this war in Ukraine is disrupting everything. It’s really undermined security, regionally, globally.

It’s having a major impact on your partners here in the region. Look at Indonesia. I mean, they are really suffering from the lack of food that can get on their market. They have 275 million people to feed and they really rely on grain from Ukraine, which now they have a hard time getting hold of as the prices have surged. We’ve seen the impact on the energy markets on the volatility of the commodity markets.

What’s important is that Australia continues to support Ukraine. We are truly thankful for what Australia has done so far, especially the last package which was announced in October where another 30 Bushmasters were allocated and the troops which are now in Britain have already been able to train Ukrainian soldiers. It’s really a big help.

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Myanmar backflip on Sean Turnell’s amnesty leaves government ‘deeply concerned’ – as it happened

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‘We have to change the attitudes … it won’t matter what day’, McCarthy says

Malarndirri McCarthy, the assistant minister for Indigenous affairs and Yanyuwa Garrawa woman, says Australia Day has always been a time of reflection for her – both on the brutality her people experienced and celebration of the nation.

We know the 26 January always brings debate, I mean, look at the last 10 years with people talking about changing the date. I’ve been on the record saying, well, I think we have to change the attitudes across our country, it won’t matter what day.

We ought to be proud of our country at some point in a united way. And whether it’s the 26th of January or another day, that’s something that our country has to mature and grow towards.

[I’m] disappointed. For a couple of reasons: if we look at the United Nations declaration of Indigenous peoples ... nothing in the declaration undermines the authority of the state, the country’s government. In Australia we did not cede ownership of Australia. Regrettably, it was determined by the British on the day, that terra nullius existed in Australia, which was overturned in 1992 through the Mabo high court decision ... whilst we haven’t ceded ... we haven’t progressed that matter.

It’s important that we as Aboriginal and Torres Strait Islander people have an opportunity to be able to contribute to policies that impact us, and programs and legislation – and that’s the first step. And we’ll go down and address the other matters, truth-telling is already progressing, treaty, although some states already looking at treaties within their own jurisdictions. So, I feel a bit offended when we’re starting to determine that the support or determination of whether to support a voice is predetermined by whether you address some of the other issues in Indigenous affairs. As I said in my speech last night, they can co-exist, these approaches. If you support the principle of Aboriginal and Torres Strait Islander people having input into policy and legislation, that’s what you should support - it shouldn’t be predicated on whether other things are happening.

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MP calls for action on crime in ‘under siege’ town – as it happened

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Pearson urges voice dissenters to ‘be smart’

Karvelas also asks Pearson about the concerns that are coming from the left, including Indigenous affairs spokesperson for the Greens, Lidia Thorpe, who will be calling for treaty before voice at the Invasion Day rally.

And when you have a breakthrough response, a breakthrough response like constitutional recognition, you’ve got to grab it. You’ve got to switch from protest to grabbing the opportunity.

… And I believe that a full response to the Uluru statement will achieve actual real reconciliation. We’re at a point in our history where the protest has achieved the result we desire. And, and so we’ve got to be smart about it.

This this year is the most important here in the past 235. That’s my assertion. This is the most important year and and this referendum is the most important question concerning Indigenous and non-Indigenous Australians since the first fleet.

We’ve got to understand what is at stake, and that is the chance for reconciliation and if the referendum is kiboshed through game play and spoiling game by the opposition, we will lose the opportunity forever.

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Anthony Albanese meets Bill Gates; Sydney beaches closed after shark mauls dolphin – as it happened

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Prime minister holds talks with Microsoft founder on climate change, energy and health. This blog is now closed

AAP reports that NSW Labor says it will consult on a treaty with the state’s Aboriginal communities if it wins the state election in March.

The party would spend $5m on a year-long consultation process as part of a move towards a more formal treaty process.

If we want to realise improved justice, education, health and cultural outcomes for First Nations people, we must place First Nations communities at the centre of decision making.

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News live updates: Australian leaders react to Jacinda Ardern’s shock resignation; Queensland braces for severe storms

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Student debt cut for teachers who go rural; WA to ban display and possession of Nazi symbols. Follow the day’s news live

Growing impact of climate disasters on mental health revealed

In case you missed it, a new poll commissioned by the Climate Council shows that four in five Australians have experienced some form of natural disaster at least once since 2019.

This coal cap scheme will see NSW doing our part at the request of the Albanese government to contribute to the national solution of this national problem.

I know those currently providing coal for the local market will appreciate that companies enjoying super profits on the back of the war in Ukraine will now do their part for the domestic market.

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Australia prepared for possible Russian cyber-attacks after troops sent to train Ukraine soldiers – as it happened

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Australian Open disrupted by weather

Extreme heat and late night rain has left 22 first-round singles matches cancelled or postponed into day three of the Australian Open at Melbourne Park.

The Black Hawk capability will be a crucial element for us to protect Australia’s sovereignty, and deliver foreign policy objectives, including providing humanitarian assistance and disaster relief.

The Black Hawk will support the deployment of our troops and their equipment where they are needed in times of crisis. The Black Hawk is a reliable, proven and mature platform supported by a robust global supply chain.

This will not only support the capability, but also maximise Australian industry participation, laying a foundation for future helicopter industry growth across the service life of the helicopter.

Delivery of the Black Hawk helicopters will commence this year.

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Australia news live updates: Queensland flood waters rising; tributes roll after death of Jim Molan

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Rising flood waters have cut north Queensland’s main transport corridor, the Bruce Highway, with more rain on the way. Follow the day’s news live

Dreyfus opens discussion about judicial watchdog

Today the attorney-general, Mark Dreyfus, will open consultation for the creation of a federal judicial commission, to police what he described as the “relatively rare” instances of “problematic conduct by judges”.

The three diseases that we’re focusing on on this trip – malaria, HIV and tuberculosis – three diseases that Australia has a good control over or good management over.

HIV cases are on the rise for a range of different reasons. Tuberculosis is just devastating and any young child with tuberculosis is an extremely confronting and devastating thing to see it’s a horrible disease. And malaria is an ongoing killer.

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Children in Australia’s poorest households have about 10% chance of becoming top earners

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Treasury research finds most severe poverty is ‘particularly entrenched’ but children far more likely to progress than in US

Children born into Australia’s poorest households will have little more than a 10% chance of becoming top income earners in their lifetime, according to new Treasury research.

But Treasury research on intergenerational income mobility, to be released on Friday, found children in the bottom fifth of households were “60% more likely” to make this leap than in the US, where just 7.5% make it into the top fifth by income.

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Jobs and retail sales hold up in resilient Australian economy despite 2023 growth fears

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Consumer prices rose 7.3% in the year to November, boosting the chances of another RBA interest rate rise in February

Australia’s economy was resilient towards the end of last year, with job vacancies and retail sales holding up, even as the World Bank joined other agencies to slash the outlook for growth in 2023.

Data for November, released by the Australian Bureau of Statistics (ABS) on Wednesday, showed consumer price inflation picked up in the month while the number of firms advertising for staff increased and consumers set fresh records for retail spending.

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Concerns over use of ‘cheap and easy’ offsets – as it happened

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More than 80% of council areas declared disasters in the past four years, Watt says

Murray Watt was hesitant to attribute the individual disaster in the Kimberley to climate change, unlike his colleague Chris Bowen. But he said the overall pattern of increasing disasters was “undoubtedly climate change”:

I don’t think that you can point to one particular event and say it’s due to climate change, but there is no doubt that we are seeing before our eyes is climate change happening. We know from all the scientists that we’re going to be facing more of these intense events more frequently.

I was actually advised yesterday by our agency that just in the last 12 months we’ve seen 316 of Australia’s 537 council areas disaster-declared: that’s about 60% of the council areas in the country. And if you go back four years to the black summer, 438 council areas in Australia have been disaster-declared, which is over 80%.

A lot of people aren’t aware but the wet season in northern Western Australia … generally doesn’t begin until later this month. So their wettest months actually tend to be February and March rather than starting as early as January. So to have this amount of water come through the system this early in the wet season is a concern.

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Australian coal industry says China market matters less than before, even if import ban ends

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Queensland Resources Council says industry would welcome restrictions easing but new long-term customers since found elsewhere in Asia

Australia would benefit from a lifting of China’s ban on its coal but any gains would likely be modest as miners have largely redirected supplies elsewhere, analysts said.

Shares of ASX-listed coalminers shot up on Wednesday after reports China was considering lifting its restrictions on coal imports from Australia from April. The ban was imposed in mid-2020 amid deteriorating bilateral relations that have since begun to improve.

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Record falls for Sydney and Melbourne housing in 2022 – but prices remain above pre-Covid levels

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Rents increased by 10.2% nationally, CoreLogic says, despite the decline in home prices

Sydney, Melbourne and Hobart posted record annual falls in property prices in 2022 as higher interest rates sapped demand and amounted to the largest national decline since the global financial crisis, industry analysts say.

However, rent increases were “virtually off the charts” rising an average of 10.2% nationally.

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David Pocock wants stage-three tax cuts revisited in light of shrinking workforce

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ACT senator suggests ageing population with proportion of taxpayers declining means situation has ‘changed significantly’ since cuts legislated in 2019

New data on Australia’s ageing population and shrinking workforce should push the government to review the stage-three tax cuts, independent senator David Pocock has said.

Pocock said economic circumstances have “changed significantly” since the Morrison government legislated the tax cuts, with Labor’s support, in 2019.

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Migration to Australia set to rebound to pre-pandemic levels, report finds

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Covid travel restrictions resulted in 85,000 fewer people migrating to Australia in 2020-21, the first net loss since the second world war

Australia has lost 473,000 potential migrants as a result of Covid, but net inward migration is now on track to rebound to pre-pandemic levels of 235,000 people a year, the Centre for Population has found.

The treasurer, Jim Chalmers, said the centre’s 2022 statement, to be released on Friday, confirmed migration was “part of the solution” to skills and labour shortages.

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Labor under renewed pressure to axe stage-three tax cuts as Australia’s budget woes mount

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The party voted in support of tax cuts while in opposition and went to the election promising no changes to the policy

Warnings from the treasurer, Jim Chalmers, that Australia’s economy is slowing and that the population is ageing have prompted calls to scrap the stage-three tax cuts.

Chalmers said the latest Australian population data showed an ageing population continues to present a demographic challenge for Australia and the budget, with the government having to keep one eye on current challenges, while the other focuses on longer term needs in health, pensions and support services.

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Sales shoppers say Australia’s cost of living crisis drives search for Boxing Day bargains

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Consumers are ‘freedom spending’ after an intense year, but on essentials rather than big-ticket items

With the cost of living crisis biting into budgets, Angela Jakovljebic decided to give her three daughters gift cards as presents, to spend on the post-Christmas sales.

Emily, Lilly and Mila weren’t too happy about their gifts when they received them, they say. But they felt better when they saw the sales in Parramatta.

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Australia’s lobster industry hopeful China will drop trade sanctions

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Exporters optimistic as Penny Wong raises trade with her Chinese counterpart but many are also wary of being ‘burned again’ by volatile diplomatic relations

Australia’s lobster industry is cautiously optimistic that China could soon remove trade restrictions, but exporters are wary of being “burned again” by sanctions and volatile diplomatic relations.

Many businesses have been paying close attention to foreign affairs minister Penny Wong’s trip to China this week – the first by an Australian minister in three years – where she discussed “trade blockages” with her counterparts.

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Union fury over Labor decision to split aged care pay rises – as it happened

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Crossbench say Australia needs to ‘get cracking’ on Cop15 commitments

More reactions are coming in after the close of the biodiversity Cop15 – which leading scientists have called “vastly more important” than the Cop27 climate meeting, because it decides the “fate of the living world”.

We need to get cracking on implementation to deliver on commitments.

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