The Australian government has announced that it will extend the quota of the current home guarantee scheme to 50,000 places a year in the 2022‑23 budget to help more people own their homes sooner. The Australian housing industry has welcomed the federal government’s decision, saying this would help change the lives of thousands of people….
50,000 Australian Home Buyers to Receive Deposit Assistance Every Year
Australia Secures 10-Year Deal With Moderna to Produce mRNA Vaccines in Victoria
The Australian government has finalised a 10-year partnership agreement with Moderna and the state government of Victoria to manufacture mRNA COVID-19 vaccines and other mRNA vaccines in the state. “This is an Australian made shot in the arm that will protect Australians from future pandemics and secure a new manufacturing capability right here on our…
Nearly $500 Million Package to Upgrade Regional NBN Network: Australian Government
The Australian government has announced it will spend $480 million ($US358 million) to provide more than a million premises in regional and rural Australia with faster NBN (National Broadband Network) internet speeds. The upgrade project is expected to boost the speed of the NBN’s fixed wireless network and extend the data caps of the satellite…
Demand for Australian Workers Remains Strong, but Real Wage Growth Falling: RBA Head
Persistent high levels of demand for workers in Australia has put pressure on wages to rise, but Australians will still be taking a pay cut in real wages. The National Skills Commission revealed that job advertisements rose by 3.6 percent, or 9,300, in February to a total of 269,700. It was driven by New South…
New Rail Network to Slash $200 Million in Transport Costs for Australian Businesses
Australian businesses could save over $200 million (US$144 million) in freight costs each year if they switch to the under-construction Inland Rail once it is completed, new research has found. According to the Commonwealth Scientific and Industrial Research Organisation (CSIRO) modelling, the 1,700 kilometre Inland Rail network would drive down the cost of transporting 22…
Victorian Government-Built Quarantine Hubs Open
The Victorian Labor Government has announced that the state’s first Victorian Quarantine Hub (VQH) at Mickleham, will be opening on Monday to receive its first residents as the borders re-open. The VQH is a jointly funded project between the Commonwealth and Labor Victoria under the plan for Centres for National Resilience, a project between the…
Vic Premier Leans Into Conflict With Federal Government Over International Travellers Vaccination Status
The Australian Federal Government and the Victorian Labor Government are in conflict after the Victorian Premier, Daniel Andrews flagged that international tourists may need to be triple vaccinated, contradicting the double-dosed decision made by the Coalition. On Feb. 7, the Federal Government announced that borders will open for fully vaccinated international travellers from Feb. 21,…
Australian Parliament Resumes With Strictest Safety Measures in Place
Federal ministers have returned to Canberra after the winter break to sit in Parliament for four of the next five weeks, and the Senate leader is assuring Australians of the strict COVID-19 safety measures in place. Simon Birmingham said “very extensive” safeguards proportionate to the risk of the Delta variant have been implemented for parliament….
Cash for Jabs: Labor Party Proposal Knocked Back By Federal Govt
Prime Minister Scott Morrison has pushed back against the Labor Party’s plan to pay Australians a $300 payment to get a COVID-19 vaccination saying how Australians engaged with the program needed to be respected. The Labor Party called for the reward scheme on the weekend saying that it would help incentivise Australians to get fully vaccinated. Morrison blasted…
Labor to Back Coalition Tax Cuts and Negative Gearing Policies
The Australian federal opposition party decided on Monday to drop its previous stance and deliver the same legislated tax cuts as the Coalition after six years of opposition, or two election cycles, to the policies. “The Shadow Cabinet and Caucus have today confirmed that Labor in government would uphold the legislated changes to personal income…
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