The Australian economy is showing obvious signs of a slowdown as local enterprises report declining activities and more challenging business conditions in May, a new report has revealed. According to the latest business survey by the National Australia Bank (NAB), businesses across industries were running out of work to do, implying a worrying trend for…
Tough Business Conditions in May Signal More Trouble for Australia’s Economy
GP Shortage Coming After ‘Decades of Neglect’
Australia’s peak medical body says the nation’s general practitioners have been undervalued by successive governments, with the country now paying the price for “decades of neglect”. The Australian Medical Association is calling for an overhaul in how investment in health care is framed, releasing a report linking health outcomes for Australians to economic growth and productivity….
Pay War Disrupting Netball World Cup Preparations
Netball Australia insists it is yet to hear back from the player’s union after tabling a fresh offer to end the messy pay dispute that has begun disrupting World Cup preparations. The Diamonds’ squad for next month’s World Cup in South Africa was meant to be announced on Tuesday. But NA boss Kelly Ryan said…
Gas Code Promises Secure Supply at ‘Reasonable’ Prices
A mandatory industry code of conduct is expected to make gas available for Australian users at “reasonable” prices for the next two years. The gas industry says the test for the code will be whether it supports urgently needed investment to bring on new gas supply to avert future shortfalls and put downward pressure on…
Prevalence of IVF Could Create Genetic Haves and Have Nots: AMA
Australian Medical Association President Stephen Robson has warned that with the development of IVF technologies, society could be in “big trouble” if wealthier people can select better genes for their babies. Speaking at the National Press Club in Canberra on Wednesday, Robson said the rising use of IVF technologies could lead to a genetic divide…
Labor Bunkers Down As Opposition and Greens Push on Higgins and Housing
The Labor government has been forced to bunker down after being buffeted on two fronts (in both the upper and lower house) by the opposition over the Higgins saga and the Australian Greens on housing affordability. This comes after finance minister, Senator Katy Gallagher, faced claims she had misled parliament over her knowledge of Brittany…
Students Need Work, Not Another Handout
June 14, 2023
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AustraliaBusiness & Marketseconomic policieseconomyinflationOpinionpersonal financerecessionstudent debtViewpointsWorld
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Commentary Handout culture is rampant in society today. People are seen as victims, and government handouts have become the natural response to any form of misfortune—great, small, or imagined. It, therefore, came as no surprise that the response to recently announced increases in indexation to student debt was a call for another government handout. In…
Australians to Get Affordable Financial Advice From Super Funds Under New Reform
June 14, 2023
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AustraliaBusiness & Marketseconomic policiesfinancial advicepersonal financeStephen Jonessuperannuation fundsWorld
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The Australian Labor government has introduced a new reform that allows more citizens to access affordable financial advice from their superannuation funds. This comes following an exodus of financial advisors in the country due to a 2019 royal commission’s inquiry into the misconduct in the banking, super and financial services industry, which resulted in a…
Former Coles Executive Admits $1.9 Million Fraud
A former Coles executive has admitted stealing $1.9 million (US$1.29 million) from the national supermarket giant, but a judge said his offending was so inexplicable and stupid he must undergo further psychiatric testing. County Court Judge Duncan Allen expressed shock that Aaron Baslangic never tried to cover his tracks, had no grand plans about what…
Brittany Higgins’s Rape Allegations Comes Crashing Back Down
Commentary Brittany Higgins has crashed from her pedestal, potentially bringing with her key government ministers. The silencing of proper public debate about the weaponization of this pivotal rape case has ended, revealing widespread community contempt about the way this has all been handled. When we look back at what caused it all to fall apart,…
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