Page 7 - Stephen Bartos News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Save Share Entrenched budget deficits and debt exceeding $1 trillion will force tax rises, big spending cuts or cancelling income tax cuts for higher earners a few years from now, economists said. The budget projects annual deficits for another decade, equal to about 1.5 per cent of GDP by 2031-32, or about $30 billion in today’s dollars. The government unleashed $95 billion of extra spending over five years in the budget, about two-thirds of which is permanent outlays for social programs such as aged care, the National Disability Insurance Scheme, mental health and childcare. About one-...

A Moderna arrangement A SHOT IN THE ARM US-based pharmaceutical giant Moderna has revealed overnight that it has struck an agreement with the Morrison government to supply 25 million doses of their COVID-19 vaccine. This includes 10 million doses of its two-dose vaccine this year, along with “15 million doses of Moderna’s updated variant booster vaccine candidate to be delivered in 2022”. There are also discussions about manufacturing the drug onshore. The Sydney Morning Herald explains Moderna’s announcement does not explain when the 10 million doses will arrive, only that the compa...

City Services Minister Chris Steel, left, with ACT Public Cemeteries Authority board chair Stephen Bartos at the site of the future cemetery. CITY Services Minister Chris Steel today (April 14) announced plans to build a “bush cemetery” in Symonston to meet the growing demand for another cemetery in Canberra’s south.  Set to be located on Mugga Lane, the development of Southern Memorial Park will take place over a four-stage master plan that will aim to accomodate Canberra’s growing population over the next 100 years. Mr Steel said stage one of the master plan will include road acces...

Was former Australia Post CEO Christine Holgate correct when she said taxpayers' money wasn't used to purchase Cartier watches? RMIT ABC Fact Check ThuThursday 17 updated FriFriday 18 DecDecember 2020 at 12:45am Former Australia Post CEO Christine Holgate says taxpayer money wasn't used to purchase Cartier watches as bonuses for staff. ( Print text only The claim With the budget mired in debt and deficit, fresh questions are being asked about whether governments and the companies they own are spending the public's money diligently. Christine Holgate recently resigned as chief executive of Aus...