Australia is finding out just how vulnerable it is to the world trade system, Sky News Political Reporter Tom Connell says.
Global supply lines across the globe have taken a major hit as COVID-19 forces the closure of the world’s borders. Prime Minister Scott Morrison on Wednesday stressed parliament would fight for the nation’s economic sovereignty. Mr Connell said the ramped-up rhetoric from Mr Morrison could have “implications down the track”.
“Right now, for example, it means not allowing other companies to swoop in and buy businesses in Australia when they’re struggling,” he said. "But what will that mean down the track and also for our supply lines? We’re finding out how vulnerable we are to this world trade system we were so enamored with. "We had masks at one stage that were on their way to Australia shipped off to somewhere else.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Unanimous High Court decision 'casts doubt' on the Vic criminal justice system | Sky News AustraliaSky News host Alan Jones says the High Court’s “unanimous decision repudiating years of vile attacks against Cardinal George Pell” was a “stunning intervention in the most controversial court case since Lindy Chamberlain”. \n\nMr Jones said the unity displayed by the High Court judges in the seven-nil ruling “prompts the question of how Victoria’s Criminal Justice system allowed the case against Pell to proceed so far”.\n\nAccording to the High Court, there was 'a significant possibility that an innocent person had been convicted because the evidence did not establish guilt to the requisite standard of proof,” Mr Jones said. \n\nMr Jones said the Victorian Bar President, Matt Collins, described the initial conviction of Pell as 'highly unusual', having been made on behalf of a victim who had never reported abuse.\n\nAfter the High Court decision, Cardinal Pell issued a statement saying “my trial was not a referendum on the Catholic Church, nor a referendum on how church authorities in Australia dealt with the crime of paedophilia in the church”. \n\n“The point was whether I had committed these awful crimes and I did not,” he said. \n
Read more »
Medical authorities quietly confident Australia is flattening the curve | Sky News AustraliaMedical authorities are quietly confident Australia is flattening the coronavirus curve, but have told Australians not to expect restrictions to be lifted any time soon. \n\nAustralia recorded its lowest increase in coronavirus cases on Monday, with 107 new cases being confirmed across the country. \n\nHowever, in the lead up to the Easter holidays, medical authorities warned now was not the time to become complacent. \n\nThe National Cabinet will meet to discuss commercial rent relief today, before moving onto the issue of residential rent. \n\nThe NSW Treasurer indicated the state was willing to wave land tax for landlords if rent relief was passed on to tenants. \n\nImage: News Corp Australia\n\n
Read more »
ANU boss Brian Schmidt predicts 'transformed' university system after COVID-19The Australian National University has warned Australia needs to look at an entirely new university funding system as international student revenue declines.
Read more »
First Australian travellers released from hotel quarantine | Sky News AustraliaThe first group of Australian travellers forced to quarantine in hotels have been allowed to leave. \n\nAlmost 300 people from the Norwegian Jewel cruise ship were isolated at the Swissotel in Sydney two weeks ago. \n\nNew South Wales Police conducted final health checks before they were allowed to leave quarantine. \n\nSome guests complained about the conditions, saying the food was deplorable and they had no access to fresh air. \n\nFrom this Sunday to Tuesday, 3,000 returning travellers who arrived at Sydney airport will also be released from their mandatory quarantine.\n\nThe operation is ongoing as more Australians arrive home.\n\nImage: News Corp Australia
Read more »