Blogotariat

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Wednesday, March 27, 2024 - 11:00
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AustralianPolitics.com Wednesday, March 20, 2024 - 18:03 Source

This is Senator Dave Sharma’s maiden speech to the Senate.

Sharma, a Liberal, assumed his NSW Senate position on November 30, 2023. He filled a casual vacancy created by the departure of Senator Marise Payne. At her retirement, Payne was the longest-serving female senator, having held her seat for 26 years, 5 months and 21 days since 1997.

Previously, as the member for Wentworth (2019-2022), Sharma delivered a first speech to the House of Representatives.

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AustralianPolitics.com Tuesday, March 19, 2024 - 14:42 Source

The Reserve Bank has left the cash rate unchanged at 4.35%, in a decision announced today.

The cash rate has now been held at 4.35% for the past four months.

In a statement released today, the RBA board says that inflation has moderated but is still high. It says the “outlook is highly uncertain”.

Watch RBA Governor Michele Bullock’s press conference (39m):

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Left Focus Friday, March 8, 2024 - 16:08 Source

 

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Digitopoly Friday, March 8, 2024 - 13:25 Source

The commercial future of AI will soon be bigger than the actions of any firm, individual, research team, or open-source community. In the near term, a massive tailwind of potential use cases and nearly completed projects will determine the rate of progress in creating value for users and suppliers. Still, the source of the next frontier commercial breakthrough and the distribution of profits look undetermined and, for reasons to be explained, underdetermined.

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Digitopoly Friday, March 8, 2024 - 13:01 Source

Large language models (LLMs) have overrun commercial markets, more like a tsunami than a normal technical wave of interest. The topic is everywhere –news stories, blogs, podcasts, startup investments, analyst reports, hackathons, and government announcements. A virtual frenzy surrounds it.

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Sunday, March 3, 2024 - 16:47
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AustralianPolitics.com Tuesday, February 27, 2024 - 15:03 Source

Scott Morrison, the former Prime Minister (2018-22), has delivered his valedictory speech to the House of Representatives.

Morrison will resign as the Liberal member for Cook later this week.

First elected to parliament in 2007, Morrison was re-elected five more times. He served nearly six years in opposition before becoming a Cabinet minister upon election of the Abbott coalition government in 2013. Becoming prime minister on August 24, 2018, Morrison won the 2019 election, but was defeated at the election of May 21, 2022.

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AustralianPolitics.com Tuesday, February 20, 2024 - 13:12 Source

The Defence Minister, Richard Marles, has announced an upgrade and expansion of the Australian Navy to give it an “enhanced lethality surface combatant fleet”.

Flanked by the Pat Conroy, the Minister for Defence Industry, Marles announced an additional $11 billion over the next decade. The money will be used to expand the Navy’s fleet of warships to 26 vessels, an increase of 15 craft.

Commitments to the construction of naval vessels in South Australia and Western Australia were reiterated, with ship workers being promised work for deacdes.

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AustralianPolitics.com Tuesday, February 13, 2024 - 19:37 Source

Jeremy Rockliff, the Liberal Premier of Tasmania, has announced that negotiations with two former Liberal MPs have broken down and he will call an early election tomorrow.

Rockliff said John Tucker and Lara Alexander had “failed to commit to a new, enduring agreement”, following their resignations from the Liberal Party in May, 2023. The former Liberals had concerns relating to the proposed Macquarie Point Stadium project. Their resignations sent the government into minority status in the House of Assembly.

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AustralianPolitics.com Tuesday, February 6, 2024 - 15:02 Source

The Reserve Bank of Australia today made no change to the cash rate, leaving it at 4.35%.

The 4.35% rate has been in force since November 2023.

The bank’s decision is its first in a restructured process. As part of the new processes, the Governor of the Reserve Bank, Michele Bullock, held a press conference an hour after the bank’s decision was announced.

Watch Michele Bullock’s press conference (45m)

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AustralianPolitics.com Tuesday, February 6, 2024 - 14:18 Source

The coalition will support the Albanese government’s tax cuts, the Opposition Leader, Peter Dutton, confirmed today.

Flanked by the Shadow Treasurer, Angus Taylor, and the Shadow Finance Minister, Senator Jane Hume, Dutton said “the coalition is not going to stand in the way of people who are doing it tough”.

With repeated references to “the liar in The Lodge” and the government’s “egregious lie”, Dutton said the coalition would take “a significant tax policy” to the next election.

Watch the Dutton-Taylor-Hume press conference (35m)

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AustralianPolitics.com Monday, February 5, 2024 - 14:31 Source

The Chinese Australian writer Yang Hengjun has been sentenced to death by a court in China.


Yang Hengjun

Yang Hengjun, a pro-democracy activist, has been detained for the past five years. His death sentence will likely be commuted to life imprisonment after two years of “good behaviour”.

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AustralianPolitics.com Monday, January 29, 2024 - 12:01 Source

Greg Combet, a former minister in the Rudd-Gillard governments, has been appointed Chairman of the Future Fund.

Combet
Greg Combet, new Chairman of the Future Fund

The Treasurer, Jim Chalmers, made the announcement at a press conference today.

Combet replaces Peter Costello, the Future Fund’s founder and current Chairman.

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