Page 20 - Senator Patrick News Today

MacroBusiness Access Subscriber Only Content at 1:40 pm on May 10, 2021 | 9 comments French company Naval Group is trying to keep secret the original price it quoted for Australia’s future submarine project, which is purported to cost around $90 billion. The Defence Department has confirmed it is paying Naval Group’s legal bills to help conceal its original price, a move that South Australian Senator Rex Patrick has described as “outrageous”. The Australian Information Commissioner, Ang...

by Tyler Durden In the latest from their ongoing and increasingly nasty geopolitical row, China is accusing Australia  giving a "free pass" to terror-sympathizers over accusations that Aussie politicians are backing Uighur activists and providing external support to Muslim fundamentalists in Xinjiang.  This latest diplomatic fight started when as news.au.com describes Chinese state media "seized on an article, published by fringe political group the Australian Citizens Party, criticizing lo...

Do new independence disclosures go far enough? Do new independence disclosures go far enough? An industry body is calling for asset-based fees to be recognised as conflicted remuneration and disclosed to clients, but concedes the government has shown little recent interest in addressing the issue. A A PIFA president Daniel Brammall said the industry association had been unsuccessful in its bid to amend royal commission legislation around annual renewals and independence disclosures to include a...

Crossbenchers will continue to rule the Senate, whoever wins: poll Share Regardless of whoever wins the next federal election, it remains likely that Jacqui Lambie and Pauline Hanson will have the balance of power in the Senate. And, under worst-case scenarios for both major parties, the Greens would be needed as well. Jacqui Lambie will continue to influence the Senate beyond the next election along with Pauline Hanson and maybe the Greens.  Alex Ellinghausen Under all scenarios, independent ...

With Cameras Rolling, an Uneasy and Isolated Capitol Receives Biden Under the cloud of a pandemic and an insurrection, a locked-down Capitol provided an unusual backdrop for President Biden’s first address to a joint session of Congress. National Guard members outside the Capitol on Wednesday. With the building on lockdown for the first joint session of Congress since Jan. 6, those without tickets were urged to stay far away.Credit...Erin Schaff/The New York Times Published April 28, 2021Upda...

  Australia’s government has major issues with transparency and is actively trying to keep citizens uninformed and unaware, a senator leading the charge against the culture of secrecy has said. On Saturday, independent senator Rex Patrick slammed Australia’s Freedom of Information (FOI) process, and threatened to take the freedom of information commissioner to court over “unreasonable” delays in the review process. Senator Patrick, a strong advocate for open government, has written to ...

Share on Twitter Government officials have dodged questions about what specific action Australia is taking to respond to concerns over the widespread use of forced labour in Xinjiang. A parliamentary committee is considering an import ban on products and components produced in the western Chinese province under proposed laws put forward by independent Senator Rex Patrick.  The United Nations has urged companies and countries to closely scrutinise their supply chains over concerns a...

Biden Will Seek Tax Increase on Rich to Fund Child Care and Education The American Family Plan, which the president wants to pay for by increasing the capital gains tax and the top marginal income tax rate, currently doesn’t include an effort to expand health coverage. President Biden is set to detail the full proposal, which will set up a clash with Republicans, next week.Credit...Al Drago for The New York Times April 22, 2021Updated 8:14 p.m. ET WASHINGTON — President Biden will seek new ...

Advertisement Independent senator Rex Patrick has threatened to take legal action against the freedom of information umpire for “unreasonable” delays in reviewing his requests to access government documents. Senator Patrick wrote to the Australian Information Commissioner, Angelene Falk, this week saying he would have no choice but to begin Federal Court proceedings unless his complaint was addressed within 14 days. Senator Rex Patrick says the Coalition is responsible for creating â...

Money Market Funds Melted in Pandemic Panic. Now They’re Under Scrutiny. In March 2020, the Federal Reserve had to step in to save the mutual funds, which seem safe until there’s a crisis. Regulation may be coming. As the pandemic took hold in March 2020, investors in money market mutual funds started trying to pull their cash out, which helped push the financial system closer to a collapse.Credit...Ashley Gilbertson for The New York Times April 23, 2021Updated 5:55 p.m. ET The Federa...