HOW did China so rapidly become Australia's No 1 export destination, purchasing $77 billion worth of iron ore, coal and other products in 2011-12?
Even a short visit to China offers some insights into its economic transformation -- which has seen Chinese steel production jump from 80 million tonnes in 2001 to 750 million tonnes today, in turn driving demand for Australian resources.
‘I welcome today’s announcement that the NSW government will proceed to the next stage of assessing Transurban’s proposal to build the F3-M2 Missing Link,’ Member for Bradfield PF said today.
This year’s Budget delivers more debt, more deficits, more taxes, more broken promises and more uncertainty said Paul Fletcher MP, Federal Member for Bradfield.
WHAT would it mean if the Australian government abandoned economic growth as a public policy objective?
This is what the Australian Greens party wants. Its updated policy platform, adopted last November, says "pursuit of continuous material-based economic growth is incompatible with the planet's finite resources". It calls for growth in production and consumption to be deprioritised as a goal of economic policy.
‘I welcome today’s commitment by the federal Coalition to build the F3-M2 Missing Link’, Paul Fletcher, Federal Member for Bradfield said today.
‘In Bradfield, the F3-M2 Missing Link will deliver major benefits. It will greatly reduce heavy vehicle traffic on Pennant Hills Road and the Pacific Highway.
The just completed auction of radiofrequency spectrum for wireless broadband services has produced, by any measure, a disappointing result. It raised much less than $2 billion - after Communications Minister Stephen Conroy took the unusual step last year of directly intervening to set an extraordinarily high reserve price equating to nearly $3 billion. Conroy said the asset was the "waterfront property" of spectrum.
The 9000 tertiary students in Bradfield will be hit hard by the Gillard Government’s $2.8 billion in funding cuts to universities announced recently, according to Paul Fletcher MP, Federal Member for Bradfield.
‘Labor’s cuts, funding deferrals and changes to education programmes now equate to a total of $11 billion’, Mr Fletcher said.
NBN Co budgeted $11.3 billion to build the network past 10.2 million existing (or ‘brownfields’) premises by 2021: that’s a cost per premises of $1100. The Coalition has been pressing NBN Co for some time to reveal its actual cost per premises on the parts of the network built to date.
Most commentary on the Coalition’s recently released broadband policy, inevitably, has concentrated on download speeds and capital cost.
But just as important are the measures in the policy to stimulate competition in the Australian broadband market.