PM equivalates on ICC’s Hamas-Israel equivalence

Original article by Ben Packham, Janet Albrechtsen
The Australian – Page: 1 & 7 : 22-May-24

The federal government is under scrutiny over its response to the International Criminal Court’s move to seek an arrest warrant for Israeli Prime Minister Benjamin Netanyahu. Prime Minister Anthony Albanese initially responded by stating that "I don’t comment on court proceedings". In contrast, US President Joe Biden has labelled the push to charge Netanyahu with war crimes as "outrageous"; he also stated that there is "no equivalence between Israel and Hamas", whose leaders in Gaza may also face war crime allegations. Foreign Minister Penny Wong subsequently issued a statement in which she said the decision on arrest warrants is a matter for the ICC.

CORPORATES
INTERNATIONAL CRIMINAL COURT, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, AUSTRALIA. DEPT OF FOREIGN AFFAIRS AND TRADE

Roy Morgan CEO Michele Levine comments on drop in support for the ALP the latest Roy Morgan Poll on Federal Voting Intention

Original article by Roy Morgan
Market Research Update – Page: Online : 21-May-24

The following are some reasons the ALP vote has declined: In a climate where Australians are concerned about cost of living, inflation, and the housing crisis, the Reserve Bank has drawn a causal link between the housing crisis and immigration levels. The Reserve Bank has stated high immigration is driving rental inflation and this creates a housing crisis for many Australians. The Government’s failure to tackle high immigration – Coalition Leader Peter Dutton has stated the Coalition will cut annual permanent migration to 140,000 – is hurting the Government. The Government’s commitment to hand billions of dollars as tax rebates to Australian billionaires to create ‘clean technology’ such as ‘Green Steel’ has not resonated with electors; and in addition the $300 per year household electricity rebate will be only a ‘drop in the bucket’ compared to increasing mortgages and rising food prices.

CORPORATES
ROY MORGAN LIMITED, MORGAN POLL

Miles backs Dutton on migrant cut

Original article by Tom McIlroy
The Australian Financial Review – Page: 1 & 4 : 21-May-24

Queensland Premier Steven Miles claims that federal Opposition leader Peter Dutton has taken on his own policy for a halving of the nation’s migrant intake. Miles said the current level of migration is putting too much pressure on the state’s housing system, and he was pleased to see Dutton echo his comments. Dutton’s pledge that he would seek to slash migrant numbers has been attacked by the federal government as "excessive and reckless", so Miles’ comments in support of Dutton create the potential for an awkward meeting between Miles and Prime Minister Anthony Albanese when the latter visits Queensland this week.

CORPORATES
QUEENSLAND. DEPT OF THE PREMIER AND CABINET, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

No Budget Boost for Government as ALP loses ground after Federal Budget is delivered: ALP 50.5% cf. L-NP 49.5%

Original article by Roy Morgan
Market Research Update – Page: Online : 21-May-24

The Albanese Labor Government has lost support and now only has a narrow lead after delivering the Federal Budget: ALP 50.5% (down 1.5%) compared to the Coalition on 49.5% (up 1.5%) on a two-party preferred basis after Treasurer Jim Chalmers delivered the Federal Budget last week. If a Federal Election were held now the result would be too close to call with a hung parliament and the support of minor parties and independents required for either the ALP or Coalition to form a minority government, the latest Roy Morgan survey shows. Primary support for the Coalition was unchanged on 37% this week while support for the ALP dropped 1.5% to only 30.5%. Much of this support went to the Greens, up 1% to 14.5%. Support for One Nation was unchanged at 5.5%, while support for Other Parties was down 0.5% to 4% and support for Independents increased by 1% to 8.5%. The latest Roy Morgan survey is based on interviewing a representative cross-section of 1,674 Australian electors from May 13-19, 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.

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

Dutton plan risks $48b foreign student industry

Original article by Julie Hare
The Australian Financial Review – Page: 8 : 18-May-24

Opposition leader Peter Dutton has come under fire for stating that a Coalition government would reduce temporary migration to 160,000 in its first year in office. International students make up half of the number of temporary migrants, and migration expert Abul Rizvi claims that one student would have to leave the country for every one that arrives in order to meet Dutton’s target. International education was valued at $48 billion in 2023, making it Australia’s most successful non-mining export, and Rizvi claims that the international education sector would be "smashed" under Dutton’s plan.

CORPORATES
LIBERAL PARTY OF AUSTRALIA

Social media limits backed

Original article by Isabella Pesch
The Australian – Page: 3 : 20-May-24

Prime Minister Anthony Albanese has expressed support for imposing age limits on children’s use of social media. Albanese says that many parents are "worried sick" that their children have access to inappropriate material online, while they are also concerned about the mental health effects of social media. He adds that News Corp’s campaign for children under the age of 16 to be restricted from having social media accounts is a "really positive response" to the issue.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS

Quantum leap into a danger zone

Original article by Sarah Elks
The Australian – Page: 5 : 20-May-24

Quantum Brilliance’s co-founder Marcus Doherty says the federal government should invest in a broad range of quantum computing technologies, rather than backing a single project. The federal and Queensland governments recently committed nearly $1bn to PsiQuantum’s project to build a fault-tolerant quantum computer in Brisbane. Doherty contends that government agencies should invest in the quantum computing technology that best meets their needs; he notes that the Department of Defence in particular will probably require quantum computers that are portable, whereas PsiQuantum’s proposed photonics-based quantum computer is expected to be the size of a large warehouse.

CORPORATES
QUANTUM BRILLIANCE, PSQUANTUM, AUSTRALIA. DEPT OF DEFENCE

Social media limits backed

Original article by Isabella Pesch
The Australian – Page: 3 : 20-May-24

Prime Minister Anthony Albanese has expressed support for imposing age limits on children’s use of social media. Albanese says that many parents are "worried sick" that their children have access to inappropriate material online, while they are also concerned about the mental health effects of social media. He adds that News Corp’s campaign for children under the age of 16 to be restricted from having social media accounts is a "really positive response" to the issue.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS

Dutton plan risks $48b foreign student industry

Original article by Julie Hare
The Australian Financial Review – Page: 8 : 18-May-24

Opposition leader Peter Dutton has come under fire for stating that a Coalition government would reduce temporary migration to 160,000 in its first year in office. International students make up half of the number of temporary migrants, and migration expert Abul Rizvi claims that one student would have to leave the country for every one that arrives in order to meet Dutton’s target. International education was valued at $48 billion in 2023, making it Australia’s most successful non-mining export, and Rizvi claims that the international education sector would be "smashed" under Dutton’s plan.

CORPORATES
LIBERAL PARTY OF AUSTRALIA

Quantum leap into a danger zone

Original article by Sarah Elks
The Australian – Page: 5 : 20-May-24

Quantum Brilliance’s co-founder Marcus Doherty says the federal government should invest in a broad range of quantum computing technologies, rather than backing a single project. The federal and Queensland governments recently committed nearly $1bn to PsiQuantum’s project to build a fault-tolerant quantum computer in Brisbane. Doherty contends that government agencies should invest in the quantum computing technology that best meets their needs; he notes that the Department of Defence in particular will probably require quantum computers that are portable, whereas PsiQuantum’s proposed photonics-based quantum computer is expected to be the size of a large warehouse.

CORPORATES
QUANTUM BRILLIANCE, PSQUANTUM, AUSTRALIA. DEPT OF DEFENCE