King Charles III has been officially proclaimed as Australia’s new sovereign during a ceremony at Parliament House. The proclamation announcing the monarch’s accession following the death of Queen Elizabeth was read out by Governor-General David Hurley. Australia’s Executive Council, which formally advises the governor-general, earlier met in Canberra to recommend the proclamation. The governor-general said the council…
British Governor-General in Australia to Proclaim New King
The monarch’s representative in Australia will proclaim King Charles III’s ascension to the throne following the death of Queen Elizabeth II. Charles was officially proclaimed King on Saturday night (AEST) at a ceremony at St James’s Palace in London. Prime Minister Anthony Albanese will recommend Governor-General David Hurley issue the Australian proclamation on Sunday morning….
Australian Government Brings Forward Regional Housing Scheme for First-home Buyers
Regional Australians having difficulty getting into the housing market may be able to access a new federal government grant from October 1. In July, the Labor government introduced the Regional First Home Buyer Guarantee (RFHBG) scheme as an expansion of the Home Guarantee Scheme in an effort to boost home ownership in the country. The…
Australian Federal Government Poised to Reduce Prescription Costs
The Albanese government has tabled a bill to cut the maximum cost of medical prescriptions by more than A$10 (US$6.82) The scheme aims to make medicines cheaper by cutting prescriptions covered by the Pharmaceutical Benefits Scheme (PBS) by 30 percent, with the maximum general co-payment dropping from $42.50 to $30. The federal government estimated the…
Australian Climate Change Bill Passed, Enshrines 43 Percent Emissions Target
September 8, 2022
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anthony albaneseAustraliaBusiness & Marketscarbon emissionChris Bowenclimate changeCoalitioneconomic policiesenergyInternationalnet zeroPauline HansonPenny WongWorld
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The centre-left Labor government’s Climate Change Bill has passed the Senate with support from the left-wing Australian Greens party and key crossbench members, paving the way for a new emissions reduction target to become law. The legislation, which cleared the upper house on Sept. 8, will impose a 43 percent emissions reduction target by 2030,…
Australian Climate Change Bill Passed, Enshrining Net-Zero Target Into Law
September 8, 2022
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anthony albaneseAustraliaBusiness & Marketscarbon emissionChris Bowenclimate changeCoalitioneconomic policiesenergyInternationalnet zeroPauline HansonPenny WongWorld
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The centre-left Labor government’s Climate Change Bill has passed the Senate with support from the left-wing Australian Greens party and key crossbench members, paving the way for a new emissions reduction target to become law. The legislation, which cleared the upper house on Sept. 8, will impose a 43 percent emissions reduction target by 2030,…
Beijing Hints at Renewed Dialogue Between Australian, Chinese Leaders
September 7, 2022
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anthony albaneseAsia & PacificAustraliaChinachina-australiaChina-Australia RelationsInternationalInternational RelationsWorldXiao Qian
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Beijing’s chief diplomat to Australia says he is seeking a organise a top-level dialogue between Chinese leader Xi Jinping and Prime Minister Anthony Albanese. Chinese Ambassador Xiao Qian, in an interview with the Australian Broadcasting Corporation’s 7:30 Report, said it was time the Australian government put more effort into meeting Beijing “halfway” and re-engage. “Where exactly…
Is Labor’s Marriage of Convenience With the Greens Over?
September 7, 2022
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Adam Bandtanthony albaneseAustraliaAustralian GreensAustralian Labor PartyJulia GillardOpinionViewpointsWorld
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Commentary Following the 1987 Australian federal election, then Labor Prime Minister Bob Hawke appointed senior party figure and powerbroker Senator Graham Richardson as minister for the environment. At that time, the Hawke Government sought to claim the “green agenda” against the perceived growing influence of the Greens in Australian politics. Richardson’s period as environment minister was…
Productivity Solutions Missing From Recent Jobs Summit: Economist
September 5, 2022
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anthony albaneseAsia & PacificAustraliaAustralian Taxpayers AllianceBusiness & Marketseconomic policieseconomyInternationaljobs and skills summitJohn HumphreysStage Three Tax CutsWorld
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While the recently concluded Jobs and Skills Summit saw the prime minister announce an increase in Australia’s migration intake and nearly half a million free TAFE training positions, it failed to offer a true long-term productivity solution, according to one economist. “The first, second, and third priority of the Summit was productivity, productivity, and productivity—and…
Australian Petrol Prices to Hike as Albanese Government Refuses to Extend Fuel Tax Cut
Australian Prime Minister Anthony Albanese has insisted on reinstating the full fuel excise tax in September while acknowledging that the country would face more inflationary pressures. Citing budget pressures, the Labor government has rejected calls to extend the fuel excise tax reduction. Previously, the former Coalition government halved the fuel excise tax for six months…
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