Australian Ambassador to China Summoned to Chinese Ministry Amid Diplomatic Row

Australia’s ambassador to China has been asked to explain the Federal Government’s new foreign interference laws, after being called into China’s Ministry for Foreign Affairs. Jan Adams was summoned by Chinese officials as claims arose that Beijing allegedly meddled in Australian politics. China’s ambassador to Australia has also held talks with the Department of Foreign…

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Decline in NAPLAN Results a “Wake Up Call”: Birmingham

Federal Education Minister Simon Birmingham has called the release of a final report on national literacy and numeracy test results a “wake up call” to educators, following a decline in writing and reading scores. The full breakdown of 2017 NAPLAN results released on Wednesday revealed students meeting national minimum standards in reading, writing, spelling, grammar…

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RBA Governor Talks Down Chance of Digital Dollar, Calls Bitcoin a “Speculative Mania”

Australia’s Reserve Bank has played down the chance of issuing a digital Australian dollar, claiming cryptocurrencies including bitcoin was a “speculative mania”. The bank’s governor Philip Lowe said in a speech to the Australian Payment Summit bitcoin was unlikely to become an everyday method for making payments because cryptocurrencies were not a very effective payment…

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Expert Slammed Mutinational Companies For Not Paying Tax

Details from the Australian Tax Office highlighted that more than 700 companies did not pay their taxes for the 2015-16 financial year. 732 Multinational companies are not paying taxes, despite a collective income of more than $500 billion dollars. Legislation states companies cannot report an amount of zero, so these fields were left blank on…

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