Topics: Budget update; Australian exporters; Iron Ore. 18/12/2020 07:47AM Norman Swan: So the good news here is that Australians are back spending and back working; the optimistic words of the Federal Treasurer Josh Frydenberg, yesterday, as he handed down his Mid-Year Economic and Fiscal Outlook. The budget update shows unemployment is expected to peak…
DetailsTopics: New South Wales COVID-19 outbreak, JobKeeper; 18/12/20 07:33AM Madeleine Morris: Let’s go to federal politics, and yesterday’s mid-year budget update had some good news about the economy with a $16 billion improvement on the bottom line. But trade tensions with China are still looming large. Finance and Trade Minister, Simon Birmingham, joins us…
DetailsTopics: New South Wales COVID outbreak; border closures; International flight crews. 18/12/20 07:12AM Sylvia Jeffreys: Let’s now unpack our top story further and the troubling outbreak in Sydney’s Northern Beaches this morning. The fall out of which is jeopardising everything from state borders to the proposed New Zealand travel bubble. Joining me now is…
DetailsTopics: MYEFO; JobKeeper; Australia-China trade relations; state borders; 17/12/20 03:43PM Luke Grant: Now, as we mentioned, the Mid-Year Fiscal and Economic Outlook has been released today. The budget deficit is $16 billion lower than had been forecast just two months ago. It’s reliant on plenty of things like state borders remaining open, a vaccine…
DetailsTopics: MYEFO; domestic borders; JobKeeper; Australia-China trade relations 17/12/20 10:36AM Gary Adshead: Simon Birmingham is the Minister for Trade, Tourism and Investment. Plenty to talk with him about this morning. Thanks very much for your time. Simon Birmingham: G’day. Great to be with you. Thank you. Gary Adshead: First of all, what’s…
DetailsTopics: MYEFO, JobKeeper, Australia-China trade relationship, International borders/travel 17/12/2020 07:52AM Simon Birmingham: Later today the Treasurer and I will release the Mid-Year Economic and Fiscal Outlook. This is an important opportunity for us to provide an update in relation to the Budget and economic outlook, which itself was, of course, only handed down…
DetailsTopics: COVID-19 cases; Budget Update; 17//12/2020 07:32AM Peter Stefanovic: Well, joining me live now from Canberra is Simon Birmingham, Minister for Finance, Trade and Tourism. Minister, good morning, good to see you. Thanks for joining us this morning. So, just- we’ll start there, there does appear to be a chink in the armor when…
DetailsTopics: Barley WTO; Australia-China trade relations, Jobkeeper 17/12/2020 07:20AM/AM Sylvia Jeffreys: Well Australia is officially taking China to task over barley tariffs this morning, calling in global umpire, the World Trade Organization, as the trade war escalates. But Beijing’s pointing the finger right back, accusing Australia of breaching its Free Trade Agreement by blocking…
DetailsTopics: Barley WTO; Australia-China relationship, 17/12/2020 07:14AM Monique Wright: Well, Australia is officially taking China to the World Trade Organization over tariffs on barley as our trade dispute escalates. Earlier this year, Beijing imposed an 80 per cent import tariff on Australian barley, claiming that we were dumping it on the market by selling…
DetailsTopics: Australia to initiate WTO action for tariffs imposed on Australian barley by China 16/12/2020 12:18 PM Simon Birmingham: Late yesterday out of courtesy Australian officials in Canberra, Beijing and at the World Trade Organization in Geneva advised their Chinese counterparts of Australia’s intention to request formal consultations with China in relation to the…
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