While the Australian government has announced that it won’t mandate CCP virus vaccinations as a blanket policy, business owners in some industries might have options available. “We have a broad principle with our vaccination program—that the vaccines are both free but they’re also voluntary,” Australian Treasurer Josh Frydenberg told Seven’s Sunrise program on Aug. 10. “Now…
CCP Virus Vaccines Remain Mostly Voluntary: Australian Treasurer
August 10, 2021
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‘Beg for Every Scrap’: Victorian Government Accuses PM of Double Standards
The Victorian state government has accused Prime Minister Scott Morrison of having double standards in a strong statement made shortly after the announcement of the federal COVID-19 financial support package. Under a joint federal and state support package, the disaster COVID-19 payment was increased by $50-$100 per week for people in New South Wales, depending…
Aussies Could Soon Get Vaccinated at Local Woolies, Bunnings, or Officeworks
July 6, 2021
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Australian businesses are putting up their hands to provide public vaccinations sites to their local communities as the rollout is expected to ramp up in September. Treasurer Josh Frydenberg and Lieutenant-General John Frewen met with business leaders to discuss how industries could get involved in the national vaccine rollout effort. “Commonwealth GPs and hubs, and…
Australia Looking Towards an Older, Smaller, More Indebted Population
Australia’s projected population growth has taken a battering from COVID-19, which will see migration slow and future economic growth struggle. Treasurer Josh Frydenberg handed down the 2021 Intergenerational Report (IR) on June 28 as the subject of his address to the Committee for Economic Development of Australia (CEDA). The IGR reports, which former Liberal Treasurer…
Industry Bodies Welcome Home Ownership Initiatives in 2021 Budget
May 11, 2021
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The Australian housing and mortgage sectors are commending the federal governments new and expanded measures announced in the Federal Budget on Tuesday to help more Australians become homeowners and, in turn, drive economic recovery. Property Council of Australia (PCA) chief executive Ken Morrison said in a statement that the PCA commended the federal government for the…
COVID-19 Ushers in Era of Big Government Spending in Australia
Australian Treasurer Josh Frydenberg announced a spending bonanza in Tuesday night’s budget speech, signalling a complete shift by the normally fiscally conservative Coalition government. Frydenberg has defended the budget, which allocates billions across most sectors of society, manifesting in the form of tax breaks, job training programs, and boosting of critical services. It also precedes…
Restrictions on Foreign Students’ Work Hours Lifted to Support Tourism and Hospitality Sector
The federal government announced it would support Australia’s tourism and hospitality industry by offering visa flexibility during the COVID-19 pandemic. The existing work hour limits for student visa holders— currently at 40 hours fortnightly—will be lifted for those employed in the tourism and hospitality industry. There are currently about 350,000 student visa holders in Australia….
Budget 2021: $1.2 Billion Into Australia’s Digital Future
May 6, 2021
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The Australian government has announced it will be spending $1.2 billion (US$930 million) to help grow the nation into a leading digital economy by 2030 as part of the upcoming federal budget. “Every business in Australia is now a digital business,” Prime Minister Scott Morrison said. “This transformation is not merely a national one that…
PM Plans $10 Billion Insurance Premium Subsidy for Northern Australia
People in northern Australia will soon have cheaper property insurance as the federal government announced a subsidy plan for the region from next year. A reinsurance pool backed by a $10 billion government guarantee will be in place from July 1, 2022, to relieve the high premium cost burden on homes and businesses due to frequent…
Federal Budget to Provide $1.7 Billion for Childcare
Australian families with two children in childcare can receive an increase of subsidy from July after Treasurer Josh Frydenberg announced a $1.7 billion injection into the child care system. Aiming to encourage more women back into the workforce after having children, the new package allows parents with two or more kids— aged five and under—to…
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