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Drones and Aviation Tech Just Scored A $32.6 Million Federal Budget Boost Share Image: Getty Images The Australian government has pledged $32.6 million of support for aviation technologies like drones in the latest budget. In addition to a funding boost, drones will also become a major focus of new security efforts via the development of the National Drone Detection Network, a new system designed to detect drone activity around airports and sensitive locations. In the newly released Digital Economy Strategy paper, the government outlines the significant security risks associated with new high-tech drones, but also makes clear they’re essential for the future of Australia. It will continue to support the development and advancement of environmentally-friendly drone technologies across Australia in an effort to forge better strategic partnerships with local industries and communities. ....
Single parents who want to buy a home, school leavers and retirees who want to boost their superannuation accounts are set to be big winners from this year s federal Budget. Treasurer Josh Frydenberg will deliver his second Budget speech in seven months at 7.30pm on Tuesday as he aims to rebuild an economy that was sent into recession by the coronavirus lockdowns. Mr Frydenberg is already planning more big spending next financial year, with Deloitte predicting a Budget deficit of $87 billion, a figure well below this year s estimated $167 billion shortfall. We won t be undertaking any sharp pivots towards austerity. We want more people in jobs and in better paying jobs. This is what our fiscal strategy is designed to achieve, he said. ....
On Tuesday at 7.30pm Josh Frydenberg will hand down the federal budget His focus is on supporting the economy to recover from Covid-19 pandemic Treasurer also set to announce axing of threshold for employers to pay super Means workers do not need to earn $450 a month before employers contribute Worker on $400 a month is $450 better off within a year of change being made ....
Working parents, average income earners and Aussies with relatives in aged care are set to be big winners from Tuesday s federal budget. Treasurer Josh Frydenberg will deliver his second budget speech in six months at 7.30pm on Tuesday as he aims to rebuild the economy after the coronavirus pandemic. Mr Frydenberg has already promised more big spending next financial year, with Deloitte predicting a budget deficit of $87 billion, a figure well below this year s estimated $167 billion shortfall. We won t be undertaking any sharp pivots towards austerity. We want more people in jobs and in better paying jobs. This is what our fiscal strategy is designed to achieve, he said in a speech last week. ....
Date Time Australia leading digital revolution in aviation The Australian Government is laying the foundations for new jobs in the new frontier of aviation services with the release of the National Emerging Aviation Technologies (NEAT) Policy Statement. As part of the Government’s new Digital Economy Strategy, the statement sets out how the Government will support individuals and businesses to harness the opportunities offered by digital aviation technologies such as drones, advanced air mobility (AAM) and electric vertical take-off and landing (eVTOL) vehicles. Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Michael McCormack said the Government was committed to maintaining Australia’s status as a world leader in the development and adoption of emerging aviation technologies, as part of its ongoing support to ensure the sector recovers and thrives. ....