Philip Lowe, governor of the Reserve Bank of Australia (RBA), has advised Australians to have a mortgage payment buffer for when interest rates inevitably rise. “Interest rates will go up. We need to be prepared for that, and people need to have buffers,” Lowe told the National Press Club on Wednesday in response to a…
Australians Need to Be Prepared for When Interest Rates Go Up: RBA Governor
February 2, 2022
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AustraliaAustralian economyBusiness & Economyeconomyinflationphilip loweReserve Bank of AustraliaScott MorrisonWorld
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Prime Minister Has ‘Great Trust’ in Quiet Australians, Downplays Poor Polling Results
February 1, 2022
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Australiaaustralian federal electionAustralian Labor PartyCoalitionInternationalPrime Minister Scott MorrisonScott MorrisonWorld
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Australian Prime Minister Scott Morrison is optimistic of his chances at the next federal election—which must be held before the end of May—while downplaying ongoing headlines and poor polling results regarding his government. In an address to the National Press Club on Feb. 1, the prime minister spruiked the government’s record on the economy, and…
Australian PM Touts COVID-19 Health Response, Economic Management in Election Pitch
Australian Prime Minister Scott Morrison has used an address at the National Press Club in Canberra to outline the hits and misses of his government in what will be an election year. In discussing the federal government’s response to the COVID-19 pandemic, the prime minister conceded that he did not “get everything right.” “I’ll take…
Australian Government Pledges Cash Handouts to Aged Care Workers
January 31, 2022
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aged careAustraliaBusiness & EconomyBusinesses in COVID-19CCP VirusPrime Minister Scott MorrisonScott MorrisonWorld
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The Australian federal government is preparing to distribute bonus payments to aged care workers as the sector grapples with Omicron, a move that has renewed calls from the opposition and health care workers to increase the minimum wage in the sector. “The government is providing a further AU$209 million to support the aged care workforce…
Australia’s International Border May Open by Easter: PM
Australia may have its sights set on opening its international borders to tourists for the first time in two years, offering potentially good news to suffering tourism operators impacted by the COVID-19 pandemic. Prime Minister Scott Morrison stopped short of providing an exact date for the potential reopening, but said he hoped it would happen…
Two Australian States Announce Small Business Support Funds
The Australian states of Tasmania and Victoria have announced funding to support the recovery of local, small businesses impacted by the COVID-19 pandemic. Tasmanian Minister for State Growth Roger Jaensch announced on Jan. 28 that more funding will be made available to the state’s COVID-19 Business Impact Support Program for small businesses. The program, which…
$1 Billion Election Pledge to Protect Great Barrier Reef
January 27, 2022
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anthony albaneseAustraliaaustralian environmentclimate changeGeorge ChristensenGreat Barrier ReefInternationalScienceScott MorrisonUNESCOWorld
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Australian Prime Minister Scott Morrison has pledged $1 billion over the next nine years towards the Great Barrier Reef if elected, after successfully campaigning UNESCO to delay a decision to list the World Heritage site as “in danger” six months ago. The announcement comes three weeks after Opposition Leader Anthony Albanese said he would inject…
Australian Prime Minister’s WeChat Account ‘Sold’ to Chinese Businessman
January 24, 2022
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Asia & PacificAustraliaChinaChina-Australia RelationsGladys LiuInternationalInternational RelationsScott MorrisonSocial MediaTechTech NewstechnologyTencentWeChatWorld
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Prime Minister Scott Morrison’s WeChat profile has been “sold” to a Chinese businessperson following revelations the Australian leader’s social media team lost control of his account earlier this month. According to the Daily Telegraph, the account’s name was changed from “Scott Morrison” to “Australian Chinese New Lifestyle.” A search on WeChat for an account under…
Australian PM’s WeChat Account Hijacked and Rebranded
January 23, 2022
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anthony albaneseAsia & PacificAustraliaChinaChina-Australia RelationsInternationalInternational RelationsJames PatersonScott MorrisonTechTech NewstechnologyWeChatWorld
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Australian Prime Minister Scott Morrison’s official WeChat account has been hijacked and rebranded as a lifestyle page—leading one senator to accuse the Chinese Communist Party (CCP) of “foreign interference” during an election year. According to the Daily Telegraph, the agency running the prime minister’s WeChat account reported problems with posting content on the channel in…
Parliamentarian Alleges CCP Hijacked Australian PM Wechat Account
January 23, 2022
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anthony albaneseAsia & PacificAustraliaChinaChina-Australia RelationsInternationalInternational RelationsJames PatersonScott MorrisonTechTech NewstechnologyWeChatWorld
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Australian Prime Minister Scott Morrison’s official WeChat account has been hijacked and rebranded as a lifestyle page—leading one senator to accuse the Chinese Communist Party (CCP) of “foreign interference” during an election year. According to the Daily Telegraph, the agency running the prime minister’s WeChat account reported problems with posting content on the channel in…
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