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Sydney and Melbourne house prices feel brunt of coronavirus downturn

In Sydney, house prices fell 2.6 per cent, while apartment prices fell 1.4 per cent. In Melbourne house prices dropped 2.8 per cent compared to a 1 per cent decline in apartment values. The bureau reported the total value of the nation’s housing stock dropped by $98.2 billion to $7.1 …

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Wyatt wants end to corrosive debate holding back Indigenous Australians

“It demonstrates nothing other than division, tribalism, disempowerment and the slowing of progress right across the board. Loading “Be it the left of politics, the right of politics or anywhere in between – if you dare to think differently, do differently or question the norm, you are torn down. “There …

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Scott Morrison’s Narrabri gas field plan an economic test for next election

The pipeline would move gas south to Sydney and Melbourne to supply manufacturers and households, while connecting to Queensland through a hub at Wallumbilla near Roma. Loading At the same time, Morrison plans further controls on Queensland’s gas exporters to keep more gas in the domestic market. He also names …

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Morrison to back construction of new gas-fired power station

Loading Environmental groups have intensified their opposition to gas in recent years, arguing renewable energy is developing quickly enough to replace fossil fuels, but the government sees gas as the best way to transition away from coal. Mr Morrison will unveil the plan with a promise to “deliver more Australian …

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University of Tasmania backs funding overhaul as government seeks Lambie vote

“While the package does present some challenges for us, overall we consider it to be aligned with our strategic direction and it will enable us to increase the number of Tasmanians in higher education, attract more students to Tasmania from interstate and improve access for lower SES regional and rural …

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MPs back proposal to give refugees residency for fruit picking

Loading “The idea to offer the chance to proven refugees in Australia to go bush and do this work in return for a permanent visa is worth backing,” he said. “If they do the right thing by the country and prove their commitment then we should embrace them in return.” …

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Long-term fuel security strategy to form key part of federal budget

A market-based system will also be designed in consultation with industry for a refinery production payment, ensuring a minimum value of 1.15 cents per litre to refineries. To receive support refineries will be required to commit to stay in Australia. Major fuel refiner Viva Energy has warned the company may …

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As COVID-19 saps confidence, Frydenberg’s October budget must deliver hope

The latest data measuring public sentiment, which basically tracks how comfortable we feel about investing and making financial decisions, makes for stark reading. The Westpac-Melbourne Institute’s index of consumer confidence took a plunge in August bringing the overall level back down to the lows hit when the pandemic first began, …

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‘Cutting edge to stay ahead’: ASIS looking for more recruits

The TV ad shows an ASIS agent uncovering a system vulnerability in a computer network and then quickly installing a security update to fend off would-be hackers. “If you’re currently working in technology, the Australian Secret Intelligence Service is interested in hiring you,” the ad says. ASIS director-general Paul Symon …

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