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The world is retreating from globalisation. What does it mean for us?

The world is retreating from globalisation. What does it mean for us?

The evidence is everywhere, the trend clear. From riots among farmers from Europe to India, to a shift towards the political extremes across the developed world and ongoing conflict in the Middle East and Africa, political unrest appears to be on the rise. In the US, once the bastion of free market enterprise, a man...

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Back in business? PwC Australia wins new taxpayer-funded contract as government sets date for potentially more

Back in business? PwC Australia wins new taxpayer-funded contract as government sets date for potentially more

In short: PwC Australia is winning more government work, despite multiple investigations continuing into potential criminal behaviour by members of the firm. The Australian Federal Police, Tax Practitioners Board and the Senate have concurrent probes into a tax leaks scandal that could have cost Treasury millions. What’s next: The Finance Department reminded bureaucrats not to give PwC...

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New ‘high-performance centre’ set to be built at Australian Institute of Sport ahead of Olympics

New ‘high-performance centre’ set to be built at Australian Institute of Sport ahead of Olympics

In short: The federal government has committed $249.7 million in next week’s budget to upgrade the Australian Institute of Sport in Canberra. The long-awaited upgrade will include building a new high-performance training and testing centre, a multi-sport indoor dome, and an accommodation facility. What’s next? The government said the funding will be in the budget, but a detailed...

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The government’s future gas policy first must ensure Australia’s future gas needs

The government’s future gas policy first must ensure Australia’s future gas needs

Almost immediately after Resources Minister Madeleine King unveiled her plans for an expansion of our gas industry, the sniping began, the battle lines already drawn. On one side is the federal government, with seemingly conflicting ideals of reducing carbon emissions while kickstarting a rebuild of our manufacturing sector, arguing that more gas is needed for...

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Don’t move to Australia, expat warns

Don’t move to Australia, expat warns

A British woman who migrated to Australia three months ago says life is really tough and is alerting others not to follow in her footsteps. Hannah, who is currently staying in Perth, has struggled to find a job and says she has cried for several days over the last few weeks. So now, she says...

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Australia to plough $492 million into the Asian Development Bank to better fund major projects in Pacific

Australia to plough $492 million into the Asian Development Bank to better fund major projects in Pacific

In short: The federal government has committed $492 million to the Asian Development Bank, a major development player in the Pacific and Australia. The government has been frustrated by the way the ADB and other development banks have operated in the Pacific and beyond, complaining they’ve funded too many low-quality and cut-price infrastructure projects. The Minister...