O75 Public Administration

University of Melbourne pro-Palestine protesters endorse Israel should not exist social media post

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Original article by Suzan Delibasic
Herald Sun – Page: Online : 28-May-24

The University of Melbourne’s chancellor Jane Hansen has received a formal complaint about an Instagram post that was re-shared by pro-Palestine activists who occupied a campus building for more than a week. Palestinian-American blogger Mariam Barghouti was responsible for the original post, which stated that "Israel cannot, will not, and should not exist". This post was subsequently re-shared by the UniMelb for Palestine Instagram page. A member of the Jewish community wrote to Hansen expressing concern about the post and urging her to take immediate action, stating that the post effectively calls for the wholesale murder of nine million people in Israel.

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UNIVERSITY OF MELBOURNE

Inflation may drop below 3pc by July

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Original article by Patrick Commins
The Australian – Page: 5 : 28-May-24

Monthly inflation data to be released on Wednesday is expected to show that consumer price growth was steady at 3.5 per cent in the year to April. Commonwealth Bank economist Stephen Wu says energy subsidies in recent federal and state budgets will flow through to consumers in July and August, and they may be sufficient to reduce consumer price growth by 0.6 per cent in those months; this would restore inflation to the Reserve Bank’s target range of 2-3 per cent on a quarterly basis well ahead of its forecast of late 2025. However, CBA senior economist Belinda Allen says this would probably not prompt the RBA to reduce the cash rate, as it is likely to focus on underlying inflationary pressures.

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COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, RESERVE BANK OF AUSTRALIA

Roy Morgan CEO Michele Levine says the Albanese Government’s lack of support for Israel has cost the party support in the last week

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Original article by Roy Morgan
Market Research Update – Page: Online : 28-May-24

Primary support for the ALP has dropped 2% to 28.5% last week after student protests on University campuses in support of Palestine were broken up and Foreign Minister Penny Wong has consistently expressed support for a two-state solution to end the conflict in Gaza. ALP support was also undermined because Prime Minister Anthony Albanese failed to support Israel after International Criminal Court Prosecutor Karim Khan issued applications for arrest warrants against Israeli Prime Minister Benjamin Netanyahu and Israeli Defence Minister Yoav Gallant. However, the Coalition is not benefiting directly from this, its primary vote remained unchanged at 37%. Instead, support has increased for the Greens is up 0.5% to 15%, One Nation, is up 0.5% to 6%, Independents are up 0.5% to 9% and Other Parties are up 0.5% to 5%. More women than men swung against the Albanese Government and a look at the results in the different States shows the strongest swings against the ALP on a two-party preferred basis were in Queensland (-7.5%) and Victoria (-6.5%). In addition to the national issues, in Queensland the Steven Miles-led ALP Government is facing a State Election defeat this year while in Victoria the Jacinta Allan-led ALP Government has just handed down a State Budget with spending cuts and no sign of any cost-of-living relief for consumers.

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ROY MORGAN LIMITED, MORGAN POLL, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, INTERNATIONAL CRIMINAL COURT

ANZ-Roy Morgan New Zealand Consumer Confidence up 2.8 pts to 84.9 in May

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Original article by Roy Morgan
Market Research Update – Page: Online : 28-May-24

ANZ-Roy Morgan New Zealand Consumer Confidence lifted 2.8 points in May; however, it remains at a very weak level, with the historical average sitting above 110. The future conditions index rose 5 points to 90, while the current conditions index was unchanged at 78. Net perceptions of current personal financial situations rose 2 points to -15%; 25% (up 3% points) of New Zealanders say they are ‘better off’ financially than this time last year, while 40% (up 1% point) say they are ‘worse off’. Meanwhile, a net 29% of respondents think it is a bad time to buy a major household item, up 1 point from a month ago. Two-year-ahead CPI inflation expectations fell from 4.4% to 3.8%, close to the post-2010 average of 3.7% and closing in on the pre-Covid average of 3.5%.

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ROY MORGAN LIMITED

Coalition enjoys its largest two-party preferred lead since the last Federal Election: L-NP 51.5% cf. ALP 48.5%

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Original article by Roy Morgan
Market Research Update – Page: Online : 28-May-24

The Coalition now has a clear lead on a two-party preferred basis for the first time since the Federal Election more than two years ago: L-NP 51.5% (up 2%) ahead of the ALP 48.5% (down 2%) in the week student protests on University campuses in support of Palestine were broken up. In addition, Prime Minister Anthony Albanese failed to come out in support of Israel after the International Criminal Court Prosecutor Karim Khan issued applications for arrest warrants against Israeli Prime Minister Benjamin Netanyahu and Israeli Defence Minister Yoav Gallant. While support for the ALP dropped for a second straight week, and was down 2% to only 28.5% this week, the drop in ALP primary support drifted to minor parties and independents, not to the Coalition. Primary support for the Coalition was unchanged on 37% for a third straight week. If a Federal Election were held now the Coalition would form a minority government, but with the support of minor parties and independents, the latest Roy Morgan survey shows. Support for the Greens was up 0.5% to 15% and support for One Nation increased 0.5% to 6%. In addition, support for Other Parties was up 0.5% to 4.5% and support for Independents was up 0.5% to 9%. The latest Roy Morgan survey is based on interviewing a representative cross-section of 1,488 Australian electors from May 20-26, 2024. When comparing different polls it is always important to make sure to take note of the dates when the polls are conducted to undertake a proper comparison between two polls.

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ROY MORGAN LIMITED, MORGAN POLL, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN GREENS, ONE NATION PARTY

AUKUS subs bigger, better, bolder

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Original article by Brendan Nicholson
The Australian – Page: 1 & 2 : 28-May-24

The Australian Submarine Agency’s director-general Jonathan Mead is confident that the project to build five SSN-AUKUS submarines in South Australia will be completed as planned. The nuclear-powered vessels will be based on the UK’s Astute-class submarines, but Mead says they will be "bigger, better, faster and bolder"; they will also be significantly larger than the three Virginia-class nuclear-powered submarines that will be added to Australia’s fleet in the early 2030s.

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AUSTRALIAN SUBMARINE AGENCY

Australia is unprepared if war breaks out

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Original article by Cameron Stewart
The Australian – Page: 2 : 28-May-24

Professor Paul Dibb says the Australian Defence Force is approximately the same size it was in 1986, when he wrote the seminal ‘Review of Australia’s defence capabilities’. Professor Dibb adds that Australia still basically has a peacetime defence force with little capacity to expand quickly in the event of a military conflict. He notes that when he produced the Dibbs report in 1986 the government of the day was spending much more on defence as a proportion of GDP than the current Labor government, despite the fact that Australia faced only low-level conflict at the time.

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AUSTRALIAN DEFENCE FORCE

Business chief warns ACTU wage push will add to inflation

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Original article by Ewin Hannan
The Australian – Page: 4 : 22-May-24

The Australian Industry Group estimates that the ACTU’s push for a five per cent increase in the minimum wage would cost $7bn a year. The AiGroup says its own proposal for a 2.8 per cent minimum wage rise would cost just $3.8bn. CEO Innes Willox says the ACTU’s wage claim would boost inflation, cost jobs and ensure that interest rates stay higher for longer. ACTU president Michele O’Neil in turn contends that the peak union body’s proposed minimum wage rise would not be inflationary; she adds that workers’ real wages will go backwards if the Fair Work Commission grants the small increase that has been advocated by employers’ groups.

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THE AUSTRALIAN INDUSTRY GROUP, ACTU, AUSTRALIA. FAIR WORK COMMISSION

ANZ-Roy Morgan Consumer Confidence increased 1.8pts to 82.0 after small Budget Boost – good time to buy major household items increased 3% to 22%

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Original article by Roy Morgan
Market Research Update – Page: Online : 22-May-24

ANZ-Roy Morgan Consumer Confidence rose 1.8pts to 82.0 in the week to 19 May. However, despite the increase the index has now spent a record 68 straight weeks below the mark of 85. Consumer Confidence is now 4.7 points above the same week a year ago (77.3), and just 0.4 points below the 2024 weekly average of 82.4. Consumer Confidence was up in New South Wales, Queensland, Western Australia and South Australia but down slightly in Victoria. Now 20% of Australians (unchanged) say their families are ‘better off’ financially than this time last year, while 50% (also unchanged) say their families are ‘worse off’. Looking forward, 33% (up 1ppt) of Australians expect their family to be ‘better off’ financially this time next year, while 33% (unchanged) also expect to be ‘worse off’. Now 11% (up 2ppts) of Australians expect ‘good times’ for the Australian economy over the next 12 months, while 33% (unchanged) expect ‘bad times’. Meanwhile, 22% (up 3ppts) of Australians say now is a ‘good time to buy’ major household items, while 50% (down 2ppts) say now is a ‘bad time to buy’.

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

Albanese vows to get the job done before calling an election

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Original article by Joe Hildebrand
The Daily Telegraph – Page: Online : 22-May-24

Prime Minister Anthony Albanese has marked the second anniversary of his government by ruling out an early election, stating that Labor will not to go to the polls until it has addressed the cost-of-living crisis. He adds that reducing the inflation rate is his government’s top priority, and Labor will not focus on its re-election campaign until 2025. Albanese has also noted that handing down a budget amid the current economic conditions is challenging, with the need to balance providing cost-of-living relief with the focus on combating inflation.

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AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET