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Budget 2021 to include $120 million deregulation package for business

Australian PM Announces Second Phase of COVID-19 Recovery Plan

Australian PM Announces Second Phase of COVID-19 Recovery Plan Prime Minister Scott Morrison has announced the second phase of the COVID‑19 Economic Recovery Plan, part of the upcoming 2021-2022 treasurer’s budget. In an address to the Business Council of Australia on April 19, Morrison said that the budget would build on the foundations of last year’s economic recovery plan a plan that saw $98 billion (US$76 billion) in COVID-19 response measures and unemployment fall to 5.6 percent lower than pre-pandemic levels. At the same time, the economy has recovered 85 percent of its COVID-induced losses. Morrison said that the new plan would prioritise aspects that stimulate business-led economic growth, placing businesses and the private sector at the forefront of a strong economic recovery.

PM sets path to net zero emissions by 2050

PM sets path to net zero emissions by 2050 Share Scott Morrison has all but locked in a commitment to achieve net zero emissions by 2050 by starting to detail how it could be achieved and the benefits for those industries which led the way. Speaking to the Business Council of Australia dinner in Sydney on Monday night ahead of participating in this week’s greenhouse summit being hosted by US President Joe Biden, Mr Morrison outlined the types of technological advances to enable net zero to be reached. PM Scott Morrison arrives at the Business Council of Australia’s Annual Dinner in Sydney, where he further outlined the Coalition’s path to net zero. 

Farming, manufacturing, energy: Morrison names sectors where net zero battle will be won

Farming, manufacturing, energy: Morrison names sectors where net zero battle will be won We’re sorry, this service is currently unavailable. Please try again later. Dismiss Save Normal text size Advertisement Farming and manufacturing have been named as key sectors in the federal government’s push to achieve net zero carbon emissions, as Prime Minister Scott Morrison promises action on climate change ahead of a global summit that is likely to demand a 2050 deadline for the plan. Mr Morrison said the “road to net zero” was already under way and would include energy and industry as well as agriculture and manufacturing.

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