Saturday, November 23

Tag: government

Colombia to sever diplomatic ties with Israel over Gaza ‘genocide’
2May By AdminsNo Comments

Colombia to sever diplomatic ties with Israel over Gaza ‘genocide’

Colombia says it will break diplomatic relations with Israel on Thursday over its actions in Gaza. Colombian President Gustavo Petro made the announcement at a rally in Bogotá's Bolívar Square on Wednesday, describing the Israeli government's handling of the war in Gaza as "genocidal". Israel launched its assault in the Palestinian territory following terror group Hamas' attacks on October 7, which left more than 1,200 people dead and saw more than 250 taken hostage – many of whom remain in captivity today. Now nearing its eight month, Israel's war in the isolated enclave has killed more than 34,000 people, according to the Palestinian health ministry. Israel's foreign minister, Israel Katz, condemned Colombia's announcement and accused Petro of rewarding Hamas,...
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Australia’s supermarket prices have been grilled by politicians, just don’t expect prices to drop anytime soon
18Apr By AdminsNo Comments

Australia’s supermarket prices have been grilled by politicians, just don’t expect prices to drop anytime soon

A day after Australia's major supermarket bosses were questioned about price-gouging allegations, their conduct towards suppliers and, in one case, threatened with jail time, shoppers have been warned to not expect price drops anytime soon. Woolworths chief executive Brad Banducci had the threat of being found in contempt during his fiery Senate hearing yesterday morning, before Coles counterpart Leah Weckert's far milder appearance before the same committee in the afternoon. While both CEOs discussed the importance of providing competitive prices, Swinburne University corporate governance expert Helen Bird said the hearings are unlikely to lead to any drop in prices in store – even if the explanations by the supermarkets about their pricing practices are welcome. Whil...
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Defence spending gets $50 billion boost over next decade
18Apr By AdminsNo Comments

Defence spending gets $50 billion boost over next decade

The Australian government will invest an extra $50.3 billion into defence over the next decade as part of a long-awaited revamp of the nation's armed forces strategy. The funding boost comes following last year's Defence Strategic Review, which argued Australia needed to modernise its current military structure it said was designed for a "bygone era". "The optimistic assumptions that guided defence planning after the end of the Cold War are long gone," Defence Minister and Deputy Prime Minister Richard Marles said when announcing the funding boost and the National Defence Strategy this afternoon. Australian defence spending will increase by $50 billion over the next ten years. (Department of Defence via AP) "Our environment is characterised by the uncertainty and te...
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Anthony Albanese hints energy price cost-of-living relief will be included in federal budget
5Apr By AdminsNo Comments

Anthony Albanese hints energy price cost-of-living relief will be included in federal budget

Households hoping for cost-of-living relief in this year's federal budget will welcome comments from Prime Minister Anthony Albanese this morning that hinted at extended energy price help in this year's federal budget. In a speech to the COSBOA National Small Business Summit, Albanese touted the package from the last budget that gave eligible families up to $500 off their power bills and eligible small businesses up to $650. "Our government understands that for small business – as for Australian families – energy bills remain a source of financial pressure," he said. Prime Minister Anthony Albanese has hinted families and small businesses will receive energy price relief in the federal budget. (Peter Rae) "That's why the energy bill relief package I negotiated with the ...
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