Berejiklian survives no-confidence motion by a single vote
New South Wales premier Gladys Berejiklian has survived a no-confidence motion in the upper house by a single vote.
The former Greens MP turned independent Justin Field has just released a statement explaining his decision to oppose the motion. He wants to “reserve judgment” until the Icac has had time to “do its work and fully inform the public and political debate”.
The actions of Daryl Maguire are disgraceful and reflect not just on him but on the political party of which he was a member and a Member of Parliament. The public
Robertson continues to press Maguire on whether he was hoping to make money personally as a result of his involvement in the Shenzen business group.
We’re played a phone intercept (the first of the day!) between Maguire and his close friend and partner at G8Way International, Phillip Elliott. We hear them discussing a trip to Samoa with a Shenzen businessman who was interested in setting up a casino in Samoa.
Maguire tells Elliott he helped set up a meeting between the Chinese businessman and the Samoan consulate.
He tells Elliott on the call:
They were happy with the meeting so in February I’m going to the Solomon Islands and PNG, I’m going to visit them in the next round and then March is … 10 days in Samoa and they’re bringin a dozen business people.
Temporary skilled workers and visitor visa holders will now be eligible to have the visa application charge (VAC) for a subsequent visa application waived, to allow them to return to Australia once travel restrictions are lifted.
Revealing details about the measure that was announced as part of the permanent residency migration shakeup in the Federal Budget last week, Acting Immigration Minister Alan Tudge today said the aim is to ensure that Australia remains an attractive destination for tourists and temporary visa holders who often fill critical skills shortages where locals can’t fill vacancies.
Australia to refund visa application charge for temporary visa holders affected by COVID-19 border closure
Tourists, working holidaymakers, seasonal & pacific workers, prospective partners and temporary skilled workers will be eligible
Aim is to ensure Australia remains an attractive destination for temporary visa holders when borders reopen
It is sometimes hard for investors to commit to ASX shares with eyewatering valuations. Buying ASX shares that are value orientated can feel more tangible with the added benefit of dividends. Here are two cheap ASX shares for those who like to stick to the fundamentals.
2 ASX shares I think are ideal for value investors
1. Bell Financial Group Ltd (ASX: BFG)
Bell Financial Group is an Australia-based provider of stockbroking investment and financial advisory services to private, institutional and corporate clients. Across its companies, Bell Potter Securities, Bell Potter Capital and Third Party Platform, it services over 600,000 clients with funds under advice exceeding $58.4 billion.
In the company’s half year announcement on 12 August, it announced a 7.4% increase in revenue to $129.6 million, a profit after tax of $23.5 million and $88 million net cash with no core debt. The Bell Financial share price trades at
SYDNEY (Reuters) – Business failures in Australia are likely to rise with commercial property seen among the hardest hit sectors as a shift to work-from-home arrangements empties offices and major retail precincts, the central bank said on Friday.
The Reserve Bank of Australia (RBA) said the outlook for commercial property means banks’ impairment rates will likely climb from current low levels while some indebted landlords will find it difficult to meet their debt repayments.
Risks appear highest for retail commercial property, the RBA noted, while adding there was still a high degree of uncertainty about the magnitude and timing of business failures in the country.
Australia has been lauded for its success globally to curb the spread of the coronavirus and open its economy earlier-than-expected though with domestic and international borders
Economic historians are going to look back at the era of coronavirus and see more of a rollercoaster than a nosedive.
While Kazakhstan’s economy suffers with the rest of the world’s, the country’s exports to China grew significantly in August, according to the latest data from Beijing. Compared to last August, Kazakh shippers sent off more chemicals (up threefold to $151 million), tobacco (almost 15 times more to $2 million), cotton (doubled to $1.8 million) and a bumper crop of diverse victuals worth $24 million. Overall, Chinese-bound exports grew 20 percent year-over-year to $881 million.
Surely these historians will also examine today’s shifting trade alignments. Kazakhstan’s food producers look primed to benefit from China’s increasingly tense relationship with some of its traditional trading partners.
The Customs Administration of Xinjiang, the Chinese region across the border, and Kazakhstan’s Agriculture Ministry met on September 8 to discuss opening quality-control labs at border