As part of the Indonesian-Australian trade deal that is hoped to be signed off by the end of the year, Indonesia is pushing for its nurses and tourism workers to have better access to Australia's labour markets, in an attempt to improve the skills of its workforce and build capacity as well as reduce tariffs … Continue reading Push for nurses and tourism workers
The Global Economy
Free-Trade benefits flow smoothly or do they?
Since the China-Australia Free Trade Agreement was signed 15 months ago, benefits have begun to flow, however much potential remains to be tapped in areas such as infrastructure and technology and multi-lateral co-operation. Since the arrangement came into force, more than 85% of Australian goods imported into China have entered the country Duty free or … Continue reading Free-Trade benefits flow smoothly or do they?
China poised to lead global action on Climate Change
The United States withdrawral from the world stage in terms of Climate policy has paved the way for China to establish itself as the leader in environmental policy. Evidenced by Premier Li Keqiang's joint statement with the European Union in Brussels on Friday reaffirming that China would fully meet its Paris Agreement goals and the … Continue reading China poised to lead global action on Climate Change
PM moves to quell backbench over clean target
Under a CLEAN ENERGY TARGET proposed by the Finkel review of the Electricity sector, Australian's could save about $90 a year, or up to $1000 on their electricity bills over a decade to 2030. However amidst Government Conservative backbench outcry, at a Council of Australian Governments meeting, Prime Minister Malcolm Turnbull promised a CET was "no … Continue reading PM moves to quell backbench over clean target
Could the US exit from the Paris climate deal actually be a win for the environment?
Some climate advocates are saying the United States' withdrawal from the Paris climate change agreement could actually be a good thing, and will drive international resolve to limit global warming. Luke Kemp, climate and environmental policy lecturer at the Australian National University, called America's participation in the deal "purely symbolic." "There could be other opportunities, other countries such as … Continue reading Could the US exit from the Paris climate deal actually be a win for the environment?
Extreme heatwave days already hitting poorer nations more than rich
5th March 2017 Extreme heatwave days already hitting poorer nations more than rich "Everyone's spoken for years about how poor countries are going to suffer more-or are suffering more-and I couldn't find one figure actually showing this," Nicholas Herold at the Climate Change Research Centre at the Universty of NSW said.than richer ones since … Continue reading Extreme heatwave days already hitting poorer nations more than rich
Donald Trump signs executive order withdrawing US from Trans-Pacific Partnership
US President Donald Trump has signed executive orders withdrawing America from the Trans-Pacific Partnership (TPP) trade deal and stopping the federal government from hiring any more workers. Why is this so? Mr Trump, who has previously argued the agreement would harm the US economy, said the order was a "great thing for the American worker". Mr … Continue reading Donald Trump signs executive order withdrawing US from Trans-Pacific Partnership
Tariff cuts spruiked as free trade at crossroads
2017-january-2nd-tariff-cuts-spruiked-as-free-trade-at-crossroads Despite the backlash against globalisation and trade and a greater move towards protectionism in movements such as Brexit, the election of Donald Trump and America withdrawing from the TPP, federal Trade Minister, Steven Ciobo is still confident that Australians still support the pursuit of free-trade agreements. "Australia is an exporting nation, It is a fundamental … Continue reading Tariff cuts spruiked as free trade at crossroads
Stephonomics 