Джо Байден заявил о непричастности властей РФ к кибератаке на Colonial Pipeline govoritmoskva.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from govoritmoskva.ru Daily Mail and Mail on Sunday newspapers.
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The Morrison government is spending big in what it says is an attempt to boost jobs, with tens of billions being spent on infrastructure, jobs and training programs, child care and health and wellbeing.
Aged care and the disability sector are also getting more investment after damning Royal Commissions into both sectors $12 billion being set aside for the National Disability Insurance Scheme and $17.7 billion being earmarked to boost and reform the aged care sector.
The treasurer Josh Frydenberg unveiled his third budget and revealed that the deficit is expected to reach $161 billion this year with the debt expected to peak at almost $1 trillion in 2025.
CANBERA (dpa-AFX) - Asian stock markets are mostly lower on Wednesday, following the negative cues overnight from Wall Street, reflecting concerns about acceleration in the rate of inflation and
Statement in response to the 2021-22 Federal Budget
There is no change to appropriation funding for CSIRO, following the Government’s additional funding commitment in October’s budget of $459 million over four years, to address any reduction to CSIRO’s external revenue resulting from the impact of COVID-19.
There are, however, a number of new initiatives that CSIRO will be central to:
A Digital Economy Strategy investment of $1.2 billion covering a range of measures including:
An investment of $53.8 million over four years to create the National Artificial Intelligence Centre that will drive business adoption of AI technologies by coordinating Australia’s AI expertise and capabilities. CSIRO will be managing the Centre.
Most Australians have little chance of getting a pay rise unless they change career with the Covid pandemic shattering old assumptions about lower unemployment.
An unemployment rate below 5 per cent has historically resulted in decent pay rises but the Budget forecast that was no longer the case, with wage growth to remain under 3 per cent through to 2025. The outlook for wage growth is expected to remain moderate over the forecast period, the Budget papers said. This reflects both the severe impacts of the pandemic and the continued spare capacity in the labour market in the near-term.
Australians are set to miss out on pay rises unless they strategically change career with the Covid pandemic shattering old assumptions about lower unemployment. Pictured are Sydney nurses