PM’s plea to pause for a minute and remember

Original article by Jess Malcolm
The Australian – Page: 9 : 21-Sep-22

A memorial service for Queen Elizabeth II will be held in the Great Hall of Parliament House in Canberra at 11am on Thursday, which has been designated as a national day of mourning for the late monarch. Members of parliament, state and territory leaders, High Court judges and diplomats will attend the service, which will be broadcast nationwide. Prime Minister Anthony Albanese has urged all Australians to observe a minute’s silence at 11am to reflect on the Queen’s lifetime of dedication and service.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

ALP’s deficit warning despite $50bn boost

Original article by Patrick Commins
The Australian – Page: 1 & 2 : 21-Sep-22

Treasurer Jim Chalmers has advised that the Budget deficit for 2021-22 is now likely to be around $30bn, compared with expectations of about $79.8bn just four months ago. Government revenue has been $28bn higher than forecast due to factors such as rising commodity prices. Government payments are in turn $20bn lower than expected, with a record low official unemployment rate resulting in a sharp fall in welfare payments. However, Chalmers says the improvement in the Budget bottom line has been largely driven by temporary factors, and he notes that the prices of key commodities have fallen since the start of the financial year. Chalmers is expecting a bigger deficit for 2022-23.

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AUSTRALIA. DEPT OF THE TREASURY

ALP voters drive the increase in support for the Monarchy over the last decade

Original article by Roy Morgan
Market Research Update – Page: Online : 20-Sep-22

A special Roy Morgan SMS Poll last week revealed that support for the Monarchy amongst Australians has grown over the last decade, with 60% (up 5% points since November 2012) now saying Australia should remain a Monarchy while only 40% (down 5% points) say Australia should become a Republic with an elected President. A look at these results by voting intention reveals what may be a surprise to some – it is those who vote for the ALP who have driven this increase in support for the Monarchy from a decade ago. Now a clear majority of ALP voters, 58% (up 18% points since November 2012) say that Australia should remain as a Monarchy – a far larger change than by either L-NP voters or Greens voters who appear far more set in their ways. L-NP voters are staunch supporters of the Monarchy, with 68% saying Australia should remain as a Monarchy, although this is down 3% points on November 2012. At the other end of the spectrum it is Greens supporters who are clearly in support of a Republic with only 34% saying that Australia should remain as a Monarchy, up 4% points in a decade. Supporters of Independents and Other Parties – an increasingly large share of the electorate – are also moving more firmly in favour of the Monarchy. Now 72% of these voters say Australia should remain as a Monarchy, an increase of 15% points on November 2012.

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ROY MORGAN LIMITED,{SPAC}MORGAN POLL,{SPAC}AUSTRALIAN LABOR PARTY,{SPAC}LIBERAL PARTY OF AUSTRALIA,{SPAC}NATIONAL PARTY OF AUSTRALIA,{SPAC}AUSTRALIAN GREENS

We are deeply touched: Charles

Original article by Valentine Low
The Australian – Page: 7 : 20-Sep-22

King Charles III says he has been "deeply touched" by all the messages of condolence he and his wife have received since the passing of Queen Elizabeth II. He made his comments in a message of thanks after the UK held a minute’s silence in memory of the Queen, while King Charles and Camilla had earlier hosted world leaders and other official guests at a large reception at Buckingham Palace. US President Joe Biden and his wife Jill visited Westminster Hall to pay their respects, with Biden saying at Lancaster House that the Queen reminded him of his mother.

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Queen Elizabeth laid to rest in St George’s Chapel at Windsor Castle

Original article by Jack Hawke
abc.net.au – Page: Online : 20-Sep-22

Members of the royal family have attend a private burial service for Elizabeth II at Windsor Castle. The Queen has been laid to rest in the Royal Vault in the King George VI Memorial Chapel alongside Prince Philip and her parents, King George VI and the Queen Mother. The private service followed the state funeral at Westminster Abbey, which was attended by more than 2,000 people, including world leaders, ambassadors, royalty and members of the public. Thousands of people had earlier lined the streets of London to watch the funeral procession as the Queen’s coffin was taken on a gun carriage from Westminster Hall to the Abbey. After the funeral the Queen’s coffin was taken to Wellington Arch, where it was placed inside the State Hearse and began its final journey to Windsor Castle. The royal family will now enter seven days of mourning, although the public mourning period has ended.

CORPORATES

ALP voters drive the increase in support for the Monarchy over the last decade

Original article by Roy Morgan
Market Research Update – Page: Online : 20-Sep-22

A special Roy Morgan SMS Poll last week revealed that support for the Monarchy amongst Australians has grown over the last decade, with 60% (up 5% points since November 2012) now saying Australia should remain a Monarchy while only 40% (down 5% points) say Australia should become a Republic with an elected President. A look at these results by voting intention reveals what may be a surprise to some – it is those who vote for the ALP who have driven this increase in support for the Monarchy from a decade ago. Now a clear majority of ALP voters, 58% (up 18% points since November 2012) say that Australia should remain as a Monarchy – a far larger change than by either L-NP voters or Greens voters who appear far more set in their ways. L-NP voters are staunch supporters of the Monarchy, with 68% saying Australia should remain as a Monarchy, although this is down 3% points on November 2012. At the other end of the spectrum it is Greens supporters who are clearly in support of a Republic with only 34% saying that Australia should remain as a Monarchy, up 4% points in a decade. Supporters of Independents and Other Parties – an increasingly large share of the electorate – are also moving more firmly in favour of the Monarchy. Now 72% of these voters say Australia should remain as a Monarchy, an increase of 15% points on November 2012.

CORPORATES
ROY MORGAN LIMITED,{SPAC}MORGAN POLL,{SPAC}AUSTRALIAN LABOR PARTY,{SPAC}LIBERAL PARTY OF AUSTRALIA,{SPAC}NATIONAL PARTY OF AUSTRALIA,{SPAC}AUSTRALIAN GREENS

We are deeply touched: Charles

Original article by Valentine Low
The Australian – Page: 7 : 20-Sep-22

King Charles III says he has been "deeply touched" by all the messages of condolence he and his wife have received since the passing of Queen Elizabeth II. He made his comments in a message of thanks after the UK held a minute’s silence in memory of the Queen, while King Charles and Camilla had earlier hosted world leaders and other official guests at a large reception at Buckingham Palace. US President Joe Biden and his wife Jill visited Westminster Hall to pay their respects, with Biden saying at Lancaster House that the Queen reminded him of his mother.

CORPORATES

Queen Elizabeth laid to rest in St George’s Chapel at Windsor Castle

Original article by Jack Hawke
abc.net.au – Page: Online : 20-Sep-22

Members of the royal family have attend a private burial service for Elizabeth II at Windsor Castle. The Queen has been laid to rest in the Royal Vault in the King George VI Memorial Chapel alongside Prince Philip and her parents, King George VI and the Queen Mother. The private service followed the state funeral at Westminster Abbey, which was attended by more than 2,000 people, including world leaders, ambassadors, royalty and members of the public. Thousands of people had earlier lined the streets of London to watch the funeral procession as the Queen’s coffin was taken on a gun carriage from Westminster Hall to the Abbey. After the funeral the Queen’s coffin was taken to Wellington Arch, where it was placed inside the State Hearse and began its final journey to Windsor Castle. The royal family will now enter seven days of mourning, although the public mourning period has ended.

CORPORATES

Queen’s state funeral to be followed by Windsor service and burial next to Philip

Original article by Caroline Davies
The Guardian – Page: Online : 16-Sep-22

Buckingham Palace has revealed that Queen Elizabeth II will be buried next to Prince Philip in the King George VI Memorial Chapel at Windsor during a private service attended by her family at 7.30pm on Monday evening. It will be preceded by her official state funeral at Westminster Abbey, which will be attended by over 2,000 official guests. After the state funeral, her coffin will be taken by gun carriage to Wellington Arch, where it will be transferred to the state hearse. It will then travel to Windsor for a committal service at St George’s Chapel, which will be attended by 800 people. The private internment service will be held later that evening.

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Aussie unemployment is set to soar in 2023

Original article by Leith van Onselen
MacroBusiness – Page: Online : 24-Aug-22

The fall in Australia’s official unemployment rate to 3.4% has capped off a tremendous post-pandemic rebound that has delivered the best labour market in generations. The result also signalled that the boom is nearing an end, with total jobs and hours worked falling sharply in July; the unemployment rate only fell due to a decline in the participation rate. The collapse in immigration during the pandemic is the primary reason why Australia’s unemployment rate has fallen to a 48-year low. However, it has been widely reported that the Albanese Government will use the upcoming Jobs & Skills Summit as a trojan horse to increase Australia’s permanent migrant intake to its highest ever level. Accordingly, Australia next year faces its biggest ever intake of net overseas migration, easily eclipsing the all-time high 316,000 recorded in 2008 during the Rudd Government’s reign. Meanwhile, the unemployment rate is a lagging economic indicator that will not have captured the RBA’s aggressive rate hikes over the past four months. Never has the RBA commenced a rate tightening cycle with consumer confidence in such a poor state. Outside of the pandemic, consumer confidence is tracking around its lowest level since the early 1990s recession. Ramping-up immigration at the same time as the economy grinds to a halt from aggressive rate hikes is bad news for Australian workers. They will soon find it more difficult to score and job and negotiate higher wages.

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RESERVE BANK OF AUSTRALIA