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Nationals Senator Matt Canavan has urged the Coalition to turn its attention to inflation before it spirals out of control, accusing the RBA of adopting an overly “sanguine” fiscal policy. His comments come as the Morrison government prepares to hand down a big-spending federal budget later today which is expected to put the Commonwealth in deficit for decades. “I’m a little concerned at the RBA’s seeming sanguine attitude to leaving interest rates very, very low for three years.
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Chinese interest in bio-weapons revealed in document | Sky News AustraliaChinese military scientists reportedly discussed the benefits of bio-weapons in a document written five years before the start of the COVID-19 pandemic.\n\nThe Chinese-language paper describes 'SARS coronaviruses' as heralding a 'new era of genetic weapons'.\n\nIt also claims bio-weapons could be mass-produced at 0.05 per cent of the cost of traditional arms.\n\nPeople's Liberation Army scientists are among 18 people who authored the 261 page document.\n Have read similar reports before, but that one indicated US military is one leading behind. The US Probably has too. Murdochs party are illogically beating the drums of war to show why their party should be re-elected to keep Australians safe.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
The Liberal Party ‘has not’ given up on surpluses: Frydenberg | Sky News AustraliaTreasurer Josh Frydenberg has told Sky News Australia is “recovering very strongly” following his budget address.\n\nMr Frydenberg delivered the budget on Tuesday night, and says it was “all about securing Australia’s economic recovery”.\n\n“Around half-a-million jobs have been created since last year’s budget – which was just over six months ago,” he said.\n\n“Australia has been the outperformer when it comes to the rest of the world on both the health and the economic front.”\n\nMr Frydenberg told Sky News the Liberal Party had not given up on surpluses despite revealing in the federal budget Australia’s net debt would increase to $617.5 billion and the deficit would hit $161 billion this year.\n\n“What you see in this budget is that deficits come down by two-thirds over the forward estimates,” he said.\n\n“And that net debt to the size of the economy, to GDP, compared to what was forecast at last year’s budget is lower each and every year.\n\n“That’s a key indicator of fiscal sustainability.”\n\n Are we really In 1990 interest rates were 17% the average cost of a house in Sydney was $155000 Record low interest rates today the average price of a house in Sydney $1150000 Look at the numbers people do the math what tosh....8 years of no surplus, despite claiming one that never happened. then when things turn against them, the biggest deficit ever.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
WHO classifies virus strain in India ‘variant of concern’ | Sky News AustraliaThe World Health Organisation has classified the coronavirus variant first found in India as a “concern at the global level”.\n\nMaria Van Kerkhove, the WHO’s technical lead for COVID-19, said while early research indicated the B.1.617 variant has an increased transmission rate there was no evidence that vaccines don’t work against it.\n\n“We don’t have anything to suggest that our diagnostics, our therapeutics and our vaccines don’t work,” she said.\n\n“We will continue to see variants emerge, we will continue to see variants of concern around the world, and we must do everything we can to really limit the spread.\n\n“Even though there is increased transmissibility demonstrated by some preliminary studies, we need much more information about this virus variant in this lineage in all of the sub-lineages, so we need more sequencing, targeted sequencing to be done.” 🤣😂🤣😂🤣 Take note Scomo…… Shifting goal post by WHO from China to India
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Morrison government committed to increasing participation rate and ‘narrow gender pay gap’ | Sky News AustraliaEnvironment Minister Sussan Ley says the Morrison government is focussed on increasing record participation rates for women in the workplace and will continue to “narrow the gender pay gap”.\n\nMs Ley, representing the minister for women, said the Cabinet’s women’s taskforce was building on the achievements of the government.\n\nShe pointed to the $1 billion spent on women’s safety since the Coalition came into power in 2013, and measures in the upcoming budget which help fight for women’s economic security.\n\n“Financial independence is critical to safety and security, we're focused on increasing the record participation rates for Australian women,” she said.\n\n“We have achieved much, we want to continue to narrow the gender pay gap, currently the lowest it's been.\n\n“Families not only need security in the workplace, they need flexibility and choice. Which is why we'll be investing an additional $1.7 billion in the annual childcare subsidy cap to give women choice.”\n Pigs are locked and loaded Environment Minister Sussan Ley says Lazer like focus on a man doing all the talking.
Source: SkyNewsAust - 🏆 7. / 78 Read more »