Revolving door – Thousands cleared to jet in and out of Australia multiple times during pandemic

Original article by Tom Minear, Miles Proust
Herald Sun – Page: 1 & 6 : 13-May-21

The Budget papers show that the federal government does not expect the majority of Australians to be able to travel overseas until at least mid-2022. However, Australian Border Force data shows that 134,758 citizens and permanent residents have received exemptions to travel overseas since the pandemic began. This includes 37,456 people who received a travel exemption on compassionate or humanitarian grounds, while 13,762 were allowed to leave Australia and return on multiple occasions. An ABF spokeswoman says the latter includes Australian Defence Force members and airline staff. Home Affairs Minister Karen Andrews says the federal government will review the exemptions process.

CORPORATES
AUSTRALIAN BORDER FORCE, AUSTRALIAN DEFENCE FORCE, AUSTRALIA. DEPT OF HOME AFFAIRS

AAA rating likely to be downgraded

Original article by Michael Read
The Australian Financial Review – Page: 15 : 13-May-21

S&P Global Ratings placed Australia’s triple-A credit rating on negative outlook in April 2020, in response to the COVID-19 pandemic. The Commonwealth Bank has warned that Australia could potentially be downgraded to AA+ when S&P undertakes its annual review of the nation’s credit rating in September. Fixed income strategists Philip Brown and Martin Whetton attribute this to Australia’s rapidly growing net debt. However, ratings agencies are generally positive about Budget measures aimed at further stimulating the economy.

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S&P GLOBAL RATINGS, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA

Nursing home reforms set to raise standards

Original article by Andrew Tillett
The Australian Financial Review – Page: 13 : 13-May-21

Changes announced in the May 2021 Budget will shift aged-care funding out of the hands of providers and give older Australians greater choice of nursing homes. Aged-care experts contend that this will increase competition in the sector and force poorly-performing aged-care facilities to lift their standards. Aged-care homes will also be required to provide each resident with a minimum of 200 minutes of care each day from October 2023. However, unions contend that the sector will continue to face staff shortages unless the government takes action to increase the wages of aged-care workers.

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Pfizer warns that a Covid vaccine patent waiver could harm supply and safety

Original article by Paul Karp
The Guardian Australia – Page: Online : 13-May-21

Australia is continuing to resist a global push to waive intellectual property protections for COVID-19 vaccines. Pfizer has used its submission to a parliamentary inquiry into vaccine fraud to argue that rather than increasing global supply of vaccines, a waiver may in fact make it more difficult to manufacture vaccines due to increased competition for raw materials. Pfizer has also highlighted the increased risk of Australians being offered counterfeit vaccines by scammers. Meanwhile, Moderna has advised that the federal government has agreed to buy 25 million doses of its mRNA-based vaccine, including 10 million doses in 2021. It is also holding talks about manufacturing the two-dose vaccine in Australia.

CORPORATES
PFIZER AUSTRALIA PTY LTD, PFIZER INCORPORATED, MODERNA INCORPORATED

ANZ-Roy Morgan Consumer Confidence drops 1.6pts to 112.4 as Greater Perth enters three-day lockdown

Original article by Roy Morgan
Market Research Update – Page: Online : 28-Apr-21

ANZ-Roy Morgan Consumer Confidence fell 1.6pts to 112.4 on April 24/25. Despite the fall, Consumer Confidence is still above the 2021 weekly average of 111.0 and 27.4pts higher than the same week a year ago (85.0). Now 28% (up 1ppt) of Australians say their families are ‘better off’ financially than this time last year, while 26% (up 1ppt) say their families are ‘worse off’ financially. In addition, 37% (down 2ppts) of Australians expect their family to be ‘better off’ financially this time next year, and 13% (unchanged) expect to be ‘worse off’ financially. Some 21% (down 2ppts) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 15% (unchanged) expect ‘bad times’. Meanwhile, 44% (unchanged) of Australians say now is a ‘good time to buy’ major household items, while 23% (down 1ppt) say now is a ‘bad time to buy’ (the lowest figure for this indicator since March 1, 2020).

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ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

JobKeeper aid helped prevent 500 suicides

Original article by Simon Benson
The Australian – Page: 5 : 28-Apr-21

Ian Hickie, the joint director of Sydney University’s Brain and Mind Centre, says the best thing the federal government can do to reduce mental health stress and preventable suicide is to maintain economic and jobs growth. The centre’s latest modelling suggests that COVID-19 support measures such as the JobKeeper wage subsidy will prevent 469 suicide deaths and 4,226 hospitalisations for self- harm between 2020 and 2025. It is also likely to avert more than 51,000 mental health presentations at hospitals’ emergency departments over the same period.

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UNIVERSITY OF SYDNEY. BRAIN AND MIND RESEARCH INSTITUTE

Australia examines modern slavery laws amid concerns over products linked to Uyghur abuse

Original article by Daniel Hurst
The Guardian Australia – Page: Online : 28-Apr-21

Australian Border Force official Vanessa Holben says the federal government will review the Modern Slavery Act in 2022. The legislation has been criticised over its lack of financial penalties for companies that fail to deal with the use of slave labour in their supply chains. Holben says the government is "deeply concerned" about reports of human rights abuses against the Uyghur people in China’s Xinjiang region. Independent senator Rex Patrick has proposed legislation to ban imports from Xinjiang and other parts of China that are produced by using forced labour. The bill is being scrutinised by a Senate committee.

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AUSTRALIAN BORDER FORCE

Health officials beg for hotel quarantine to be upgraded

Original article by Christopher Knaus, Melissa Davey
The Guardian Australia – Page: Online : 28-Apr-21

Public Health Association of Australia president Tarun Weeramanthri has urged the national cabinet to end the ‘political blame game’ over hotel quarantine and address deficiencies with the system. He says airborne transmission of COVID-19 in hotels with inadequate ventilation is the single biggest risk in terms of the virus spreading. Chief medical officer Paul Kelly has defended the hotel quarantine system; he has told a parliamentary inquiry that the system is ‘fit for purpose’, but concedes that improvements can be made. Some state governments are continuing to advocate housing returned travellers in purpose-built facilities in regional areas.

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PUBLIC HEALTH ASSOCIATION OF AUSTRALIA, AUSTRALIA. DEPT OF HEALTH

Morrison’s crisis aid for India

Original article by Phillip Coorey, Emma Connors
The Australian Financial Review – Page: 1 & 6 : 28-Apr-21

The federal government will provide a COVID-19 support package to assist India to combat its second wave of the coronavirus. The initial aid will include 500 ventilators, 100 oxygen concentrators and personal protective equipment such as surgical masks, face masks and surgical gloves. Prime Minister Scott Morrison has also announced that all direct flights from India will be suspended until at least 15 May. The move will affect up to 9,000 Australian citizens and permanent residents who are currently in India. Meanwhile, India has recorded 323,144 new COVID-19 cases in the last 24 hours; Australia has reported 23 new cases in hotel quarantine.

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AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

‘We must get real on a possible China war’: Dutton

Original article by Olivia Caisley
The Australian – Page: 4 : 26-Apr-21

Defence Minister Peter Dutton says Australia must continue to be a ‘good neighbour’ in the Asia-Pacific and work with its partners and allies to maintain peace in the region. He adds that China has made it clear that reunification with Taiwan is firmly on its agenda, and he has warned that war over Taiwan cannot be ruled out in the future. Dutton has also indicated that thousands of deals with foreign governments are being reviewed following the Coalition’s decision to terminate Victoria’s deal to participate in China’s Belt and Road Initiative. They include the 2015 deal to lease the Port of Darwin to a Chinese company for 99 years.

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AUSTRALIA. DEPT OF DEFENCE