O75 Public Administration

Chinese expose navy’s chronic decline

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Original article by Andrew Tillett
The Australian Financial Review – Page: 3 : 25-Feb-25

Analysis shows that the Royal Australian Navy has retired 14 surface ships from service since the federal government took office in May 2022. Four new patrol boats have been added to the navy’s fleet over this period, and the navy now has just 25 surface vessels. Former rear admiral Rowan Moffitt says the navy is in "serious, accelerating and chronic decline", although he emphasises that this has been developing for more than two decades. The strength of the nation’s defence force has been under scrutiny in the wake of revelations that the Chinese navy has conducted live-fire exercises in the Tasman Sea.

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ROYAL AUSTRALIAN NAVY

Ukraine, US close to a deal over nation’s natural resources

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Original article by Daryna Krasnolutska, Alex Wickham
The Australian Financial Review – Page: Online : 25-Feb-25

Ukraine’s Deputy Prime Minister Olha Stefanishyna says it and the US are close to concluding a deal that would see the US get a share of Ukraine’s mineral resources. The deal is seen as a vital part of US President Donald Trump’s plans to broker a ceasefire agreement in regard to Russia’s three-year war against Ukraine. It is understood that the US will commit to a "free, sovereign and secure" Ukraine and a "lasting peace" as part of the deal, and that the US will state that anyone who acted adversely against Ukraine during the conflict should not derive any benefit from its reconstruction.

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UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT

Robb cautions against losing tariff advantage

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Original article by Joe Kelly
The Australian – Page: 4 : 19-Feb-25

Former Coalition minister Andrew Robb has weighed into the debate regarding the tariff policies of US President Donald Trump. Robb has used a Sydney University speech to warn that the foundations of the global trading system are facing their "most significant challenge" since the post-World War II era. He notes that the US has traditionally been the strongest advocate of the "three pillars" of globalisation, but these pillars are now under threat. These pillars include the law of comparative advantage, and the former trade minister says Australia must resist "throwing it out the window".

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UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, UNIVERSITY OF SYDNEY

ANZ-Roy Morgan Consumer Confidence drops 1.6pts to 85.1 in the week before key Reserve Bank meeting on interest rates

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Original article by Roy Morgan
Market Research Update – Page: Online : 19-Feb-25

ANZ-Roy Morgan Consumer Confidence fell 1.6pts to 85.1 in the week to 16 February, due to rising concerns about personal finances and the Australian economy over the next year. Consumer Confidence is now 2.3 points above the same week a year ago (82.8), but 1.6 points below the 2025 weekly average of 86.7. A look at Consumer Confidence by State shows a mixed result, with decreases in Victoria, Western Australia and South Australia, virtually unchanged in New South Wales, and increasing in Queensland. Now 20% of Australians (up 1ppt) say their families are ‘better off’ financially than this time last year, while 50% (up 2ppts) say their families are ‘worse off’ (the highest figure for this indicator so far this year). Looking forward, 32% (down 2ppts) of Australians expect their family to be ‘better off’ financially this time next year (the lowest figure for this indicator so far this year), while 31% (up 3ppts) expect to be ‘worse off’. Now 10% (down 1ppt) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 29% (up 1ppt) expect ‘bad times’. Meanwhile, 24% (down 2ppts) of Australians say now is a ‘good time to buy’ major household items (the lowest figure for this indicator since before the Black Friday sales period), while 45% (up 1ppt) say now is a ‘bad time to buy’.

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

Robo-debt officials to be investigated, in anti-corruption commission backflip

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Original article by Olivia Ireland
The Sydney Morning Herald – Page: Online : 19-Feb-25

Former High Court judge Geoffrey Nettle has ruled that National Anti-Corruption Commission should investigate six public officials over their role in the robodebt scandal. Nettle was commissioned to undertake an independent review of the NACC’s June 2024 announcement that it would not pursue an investigation into six individuals who had been referred to it by the robodebt royal commission. The names of the six officials have not been disclosed. The welfare debt recovery scheme was implemented by the former Coalition government, and subsequently deemed to have been unlawful.

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AUSTRALIA. NATIONAL ANTI-CORRUPTION COMMISSION, HIGH COURT OF AUSTRALIA

Energy secretary backs nuclear, attacks net zero

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Original article by Colin Packham
The Australian – Page: 4 : 19-Feb-25

The Coalition’s plan to build seven nuclear power stations if it wins the upcoming federal election has received tacit support from the US Energy Secretary, Chris Wright. He has told the Alliance for Responsible Citizenship conference in London that he would love to see Australia embrace uranium, but he says the federal government will need to shrug off its ideological opposition to the energy source. Wright adds that the net zero emissions target of 2050 is a "sinister goal" that has had tremendous costs and no benefits.

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UNITED STATES. DEPT OF ENERGY

The one-cut wonder

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Original article by Greg Brown, Jack Quail, Sarah Ison
The Australian – Page: 1 & 4 : 19-Feb-25

Prime Minister Anthony Albanese says the first official interest rate cut in more than four years will have no impact on the timing of the federal election, and that the budget is still set for 25 March. However, the Reserve Bank of Australia’s 25 basis point interest rate cut on Tuesday has provided Albanese with a trigger for an early election. RBA governor ­Michele Bullock has downplayed expectations of further interest rate relief, contending that the central bank’s board will need more evidence that inflation is falling to the middle of its 2-3 per cent target range. The RBA’s preferred measure of underlying inflation fell to 3.2 per cent in the year to December, and the central bank now expects it to fall to 2.7 per cent in June. The election must be held no later than 17 May.

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AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, RESERVE BANK OF AUSTRALIA

Long wait for living standards to recover

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Original article by Jack Quail, Simon Benson
The Australian – Page: 1 & 4 : 19-Feb-25

The Reserve Bank of Australia now expects growth in real household disposable income of just 3.1 per cent in the year to June; it had previously forecast growth of 3.9 per cent for this metric, which is regarded as a proxy for living standards. The central bank estimates that real household disposable income per capita is about one per cent lower than prior to the pandemic. Meanwhile, shadow treasurer Angus Taylor says the federal government’s own forecasts show that the nation’s living standards will not return to the levels prior to the last election until 2030.

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RESERVE BANK OF AUSTRALIA, LIBERAL PARTY OF AUSTRALIA

In January Australian unemployment increased to 10.1% due to a growing workforce with not all new entrants finding jobs

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Original article by Roy Morgan
Market Research Update – Page: Online : 18-Feb-25

In January 2025, Australian ‘real’ unemployment increased 78,000 to 1,620,000 (up 0.4% to 10.1% of the workforce) with more people looking for both part-time and full-time work. The Australian workforce increased by 297,000 to a record high of 16,115,000 with unemployment up 78,000 to 1,620,000 and employment up 219,000 to 14,495,000. The increase in unemployment was driven by rises in people looking for part-time work (up 36,000 to 837,000), and people looking for full-time work (up 42,000 to 783,000). In addition to the unemployed, a further 1.81 million Australians (11.3% of the workforce) were under-employed, i.e. working part-time but looking for more work, up 137,000 from December – a new record high level of under-employment. In total 3.43 million Australians (21.4% of the workforce) were either unemployed or under-employed in January – the highest combined figure since June 2020.

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ROY MORGAN LIMITED

Cost hit for health: bulk billing going backwards in every seat since ALP came to power

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Original article by Noah Yim
The Australian – Page: 5 : 18-Feb-25

Analysis of data from the Department of Health shows that the national bulk-billing rate for general practitioners fell to 77.3 per cent in 2023-24, compared with 88.3 per cent in 2021-22. It equates to a decline of about 40 million bulk-billed GP visits over this period. Shadow health Anne Ruston says it is particularly concerning that bulk-billing rates have declined in all federal electorates since Labor took office in May 2022; she adds that many Australians simply cannot afford to see a doctor. Health Minister Mark Butler contends that Labor’s record investment in Medicare resulted in an additional six million bulk-billed GP visits between November 2023 and December 2024.

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AUSTRALIA. DEPT OF HEALTH AND AGED CARE