Opposition Claims Wages Have Gone Down In WA.

The Opposition says the today’s figures from the Australian Bureau Of Statistics indicated that Western Australia’s total wages have decrease the most compared to other states. Figures show that payroll jobs have dropped by 3%, while Australia’s national average drop is 1%. WA’s largest decline happened on the 14th, March, 2020 when the sharpest decline…

US Congress passes biggest economic rescue package

By Helene Fung The Democrats managed to push through the Heroes Act – a US$3 trillion rescue package which is set to be the US’s biggest ever – by a narrow margin of 208 to 199 in the House of Representatives. More than 36 million Americans have lost their jobs due to COVID-19 related catastrophe…

Malaysia drops money laundering charges against Wolf of Wall Street producer

By Helene Fung Malaysian prosecutors have dropped a US$248 million (A$384.4 million) money laundering case against Riza Aziz, the stepson of former Malaysian prime minister Najib Razak and a producer of Hollywood film “The Wolf of Wall Street”. A settlement deal has been made, for an undisclosed but apparently “substantial amount” to be paid to…

WA Liberal Calls For 1000 Dollars Stimulus

WA Opposition Leader Liza Harvey suggests the McGowan Government should release a $1000 grant to Western Australians as Covid-19 threatens to undo the state’s economy. It comes after WA Treasurer Ben Wyatt reversed his decision to retire from politics, vowing to stay and lead WA’s economy during this tough period. The Liberal Leader made her…

WA Government Freeze Household Charges As Covid-19 Bites

WA Premier Mark McGowan and Treasurer Ben Wyatt has announced that it will frozen household fees and charges this year as Covid-19 hurts the state’s economy. Under the package, all household charges including water, electricity, vehicle registration, and public transport will not increase this coming financial year. Other measures including supermarket opening hours, payroll tax…

Hong Kong Gov Hand Out $10,000 Coronavirus Funds For Every Citizen

The embattled Hong Kong Government has “doled out” $10,000 (or almost $2000 AUD) for all permanent residents as the Coronavirus and political unrest hurts the economy. A grim budget is a reality for the Hong Kong Government with a record $37.8 billion deficit this financial year, as tourism and economic performance figures fell off the…

Ben Wyatt Quits As WA Treasurer

After spending 4 years serving as Western Australia’s second most powerful man in-charge, Treasurer & Indigenous Affairs Minister Ben Wyatt will be leaving politics due to family reasons. This morning, he announced that he won’t be contesting the next state election as the MP for Victoria Park.  It’s understood that Mr Wyatt has been considering…

Will U.S. China Trade Deal Bring Down WA’s Export Business?

The US and china have signed a new trade agreement, signalling a cooling of the trade war and a strengthening of global free trade, but what does this mean for WA? The deal commits China to buying two hundred billion dollars’ worth of American goods including liquefied natural gas, coal, beef, and seafood. In exchange,…