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Treasury has revised its initial projections of how much will be withdrawn from Australian Superannuation accounts from $29.5 billion to $41.9 billion. The federal government has also extended and expanded the scheme, allowing people to withdraw $10,000 up until December 31. Mr Jones said by allowing people to continue their withdrawals, the government hopes it will keep people out of the unemployed queues.
Gov raid on super. If gov can't help during a natural pandemic what is their purpose? Tax rate is hardly low and we are not a poor country...
It is their way of delaying the serious economically impact that their irresponsible shut down has caused.
And he's right.
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Federal government 'supports' Victoria moving to tougher restrictions | Sky News AustraliaEducation Minister Dan Tehan says it’s in the “national interest” to work with the Andrews government to “get on top of the second Victorian wave”.\n\nSky News has confirmed Victoria will implement tough stage four lockdowns in a bid to drive down the number of COVID-19 cases in the state.\n\nMr Tehan told Sky News the federal government “absolutely supports” Daniel Andrews moving to tougher restrictions, adding they are working “collaboratively and closely” as they seek to address the second wave.\n\n“We’ve got to work and collaborate and be supportive of all their efforts and we’ve got to get on top of it,” he said.\n\n“We’ve seen that this can have a devastating impact in terms of the health consequences, and it will have a devastating impact as a result of the economic consequences.\n\n“So, we need to make sure we get on top of this virus in Victoria.”\n\nThe Education Minister also offered his support for year 11 and 12 students who are experiencing a difficult year of studies during the COVID-19 pandemic.\n\n'It's been incredible difficult times, especially for those Victorian VCE students who face this second Victorian wave, so we will work with the Victorian state government tot make sure there is an understanding of the circumstances that they've had to deal with throughout this year,' Mr Tehan said.\n\nImage: Getty DanTehanWannon Its a pity that DanielAndrewsMP has gone out of his way to NOT work with the fed government wherever possible right from the start of this pandemic DictatorDan AllprideNObrains ResignDanielAndrews DanTehanWannon This from the same guy who was slamming Victoria for keeping their kids at home from school. This jerk can turn on a dime. They all can. DanTehanWannon Our politicians are little more than highly educated and well-connected thugs, liars, and thieves. Collusion between themselves, the judiciary, and people who have wealth enough to exert pressure and influence has never been more apparent than during this CCP imposed 'crisis'.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
‘Disaster level lockdown’ a consequence of the Victorian government's 'failure' | Sky News AustraliaThe Australian’s Political Editor Dennis Shanahan says Victoria has been forced to go into a “disaster level lockdown” as a consequence of its government's failure to implement strategies to fight the deadly novel coronavirus.\n\nVictoria currently has 6,322 COVID-19 cases active, recording over 400 new cases in the last 24 hours.\n\n“Sydney had a greater problem with quarantine than Melbourne, Sydney had more people coming in from overseas, it managed its quarantine” Mr Shanahan told Sky News host Peta Credlin.\n\n“There was an outbreak, it was controlled in New South Wales, there was an outbreak in Victoria, and it hasn’t been controlled.\n\n“So now, we’ve had to go to this disaster level lockdown, it’s because the implementation of the strategy failed.”\n\nImage: Getty Why does continue to politicise the pandemic when unity and cooperation is more important to the community’s lives & livelihoods. Because dear reader they don’t give a damm about the community. So it has nothing to do with people breaking the COVID rules going to work after testing positive and spreading the virus. Does it
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Australia 'requires strong conservative leadership' to clean up after COVID-19 | Sky News AustraliaIt was reassuring to hear Treasurer Josh Frydenberg singing the praises of Margaret Thatcher and Ronald Reagan because Australia requires strong conservative leadership to clean up after the coronavirus, Sky News host Rowan Dean says.\n\nDuring an interview Mr Frydenberg said he looked to former British Prime Minister Margaret Thatcher and former US President Ronald Reagan for economic inspiration.\n\n“Margaret Thatcher and Ronald Reagan were two of the greatest political leaders of the last hundred years,” Mr Dean said.\n\n“And the unavoidable reality is that for our children’s sake alone, we are going to need a Thatcher or a Reagan in this country before too long to clean up the economic mess that Scott Morrison’s idiotic national cabinet has inflicted upon this country.\n\n“The left in this country never understood it was the British and American people that demanded Thatcher and Reagan and kept voting them back in to clean up the mess, waste and profligacy of their inept predecessors.'\n JoshFrydenberg rowandean Why is this ignorant man on air? JoshFrydenberg rowandean 🤮 JoshFrydenberg rowandean I predict that the only way Australia can clean up after coronavirus is through some pretty drastic demand side economic policy. Lowering taxes and fiddling with interest rates is already a bust
Source: SkyNewsAust - 🏆 7. / 78 Read more »
There 'must' be a royal commission into Victoria's handling of the coronavirus | Sky News AustraliaSky News host Rita Panahi says when Victoria is through this catastrophe, there must be a royal commission into the state’s mishandling of the coronavirus crisis.\n\n“From the hotel quarantine fiasco to contact tracing failures to the lives destroyed by lockdown,” Ms Panahi said.\n\nThis comes as Premier Daniel Andrews is set to announce hard lockdowns for the state, where only essential services will be allowed to open.\n\n“If those restrictions are imposed expect to see many more lives and livelihoods destroyed,' she said.\n\n“And expect to see another surge in Victorians battling mental health issues as joblessness and financial pressures combine with isolation and loneliness.\n\n“From the very start of this pandemic, Victoria had the harshest lockdown in Australia, was the slowest in lifting restrictions, and then was the only state to impose a second lockdown after gross mishandling of the hotel quarantine program allowed the virus to spread during the first lockdown.\n\n“Victoria has now recorded more coronavirus cases and deaths than every other state and territory combined. \n\n“It's pretty damn clear that lockdowns are not a substitute for competent governance. \n\n“As Victorians brace for more crippling restrictions, the rest of the country is slowly returning to normal with businesses open, kids at schools, restaurants and bars full, sporting clubs back training and families enjoying get togethers.\n\n“Incompetence has consequences.”\n RitaPanahi Quarantine and Aged Care are both Morrison's responsibility, so by all means bring on a Royal Commission. RitaPanahi Yes bring on a royal commission to expose the federal liberal government yes please RitaPanahi It only gets through by releasing Hydroxychloroquine and by the arrest of the Murder and Criminal China boy DanielAndrewsMP
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Republicans were 'too soft on Facebook, Google' | Sky News AustraliaRepublicans were too soft on the big tech CEOS when they appeared before Congress last week, according to Sky News host Rita Panahi.\n \nThe four major tech CEOs testified before the America’s House antitrust subcommittee on Wednesday.\n \nThe topics predominantly focused on market power and data usage, however some Republicans, most notably Ohio representative Jim Jordan, accused big tech companies of censoring conservative voices.\n \nMs Panahi said most Republicans failed to scrutinise the major tech companies despite the hearings going for five-and-a-half hours.\n \n“I don’t think the Republicans went far enough, particularly when they were questioning the heads of the big tech companies,” she said.\n \n“I thought they went really soft, a lot of them are beneficiaries of donations from those very companies, and I think perhaps that comprised their principals in that situation\n \n“This is so crucial, these companies control debate and what is said in the public square online, they have virtual monopolies, their power is enormous.\n \nYou can’t go soft on this, you have to be absolutely clear in demanding they are impartial, unbiased platforms.”\n RitaPanahi Tech companies routinely censor political opinions, while they keep legal immunity as platforms. It's one of the biggest fraud's in history, the law needs to change to force them into balance or to declare themselves publishers. RitaPanahi Love you guys, Sky news! You are brave to reveal the big names to the truth and basic values. Big thumbs on you! Really exciting to see you are journalists with justice. 👍👍 RitaPanahi If you successful they come after you. No one complaint during the years they established the companies.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Many average Trump voters are 'beginning to turn against him' | Sky News AustraliaMany middle-class suburban voters who supported President Donald Trump at the last election are beginning to turn against him, according to the US Studies Centre’s James Brown.\n\nWith less than 100 days until the Presidential election, President Donald Trump is down in the polls.\n \nAccording to FiveThrityEight’s latest national Presidential polling average, former Vice President Joe Biden holds an eight-point lead over President Trump.\n \nMore worryingly for the President, Mr Biden also leads in a slew of battleground states, including Michigan, Wisconsin and Pennsylvania.\n \nThe dip in popularity coincides with the COVID-19 crisis, which has also caused the US economy to shrink a whopping annual rate of 32.9% in the second quarter.\n \n“The polls didn’t tell the full story last time, we know there are a lot of Trump supporters that don’t come out in these polls, the shy Trump supporters, or those who don’t normally vote who were dragged out by Trump last time,” Mr Brown said.\n \n“So it doesn’t tell the full story, but particularly given some of those key states, Florida, Texas, you are seeing some very low approval ratings for Republican governors, Republican leadership and Trump’s handling of the coronavirus, that will have an impact on his electability as well.\n \n'The voters who have shifted are those who had a lot more hope about what Trump would be able to achieve, who believed he might have been the wildcard that could reset America’s position internationally, that could reset America’s economy, who get a better life for them and their families.”\n realDonaldTrump captainbrown Because he sold them out realDonaldTrump captainbrown realDonaldTrump captainbrown Wishful thinking 😂🤣😂
Source: SkyNewsAust - 🏆 7. / 78 Read more »