It is unfortunate that World Communications Day is celebrated in the middle of an election campaign. We have seen the worst of partisan media coverage, of shouting as a preferred form of communication, of endless experts promising Armageddon if the result is not to their taste. And yet we have also seen the best of media informing us of the issues that concern people in different parts of Australia. Without such public communication, for all its defects and excesses, our society would be the poorer. By Andrew Hamilton
To change course radically, the Coalition would have to admit that for a decade it traded the national interest for a handful of regional Queensland seats
‘Unique Nature’ of Pandemic Economic Downturn Behind the Strength of Australia’s Recovery: RBA
The Reserve Bank of Australia hs said the recovery from the current economic downturn will be significantly different to the recovery from past economic shocks such as the Global Financial Crisis and the Great Depression.
RBA Head of Economic Analysis Brad Jones said in a keynote address at the Minerals Week Australia-Asia Investment Outlook that the current economic shock was different from other episodes, giving the current economic recovery a brighter outlook.
One difference is the origins of the COVID-19 economic contraction, which originated from a severe shock in the global supply chain, unlike the GFC, which originated from the collapse in parts of the financial system.
HEADLINES & GLOBAL NEWS
By
Feb 18, 2021 07:58 AM EST
Treasurer Josh Frydenberg slammed Facebook s decision to remove Australian news from the social media network. Frydenberg revealed that the tech giant overlooked Australia.
Australia: Facebook news ban is wrong
(Photo : Sam Mooy/Getty Images)
VARIOUS CITIES, AUSTRALIA - FEBRUARY 18: Treasurer Josh Frydenberg during a press conference in the Blue Room at Parliament House on February 18, 2021 in Canberra, Australia. Facebook has banned publishers and users in Australia from posting and sharing news content as the Australian government prepares to pass laws that will require social media companies to pay news publishers for sharing or using content on their platforms.
Australia Risks Confrontation With Biden Administration Over Big Tech: Expert
Silicon Valley is hoping a Biden administration will push back an impending wave of global regulation aimed at curbing the power of the tech giants, with Australia likely to be in the crosshairs, according to one expert.
“Big Tech went big for Biden in 2020 and is now an important constituency of what might be called the right (or at least the ‘less left’) wing of the Democratic Party,” Salvatore Babones, associate professor at the University of Sydney and an expert in the Asian political economy said in a newly released report (pdf).