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2016 Australian Federal Budget
The 2016 Australian federal budget was the federal budget to fund government services and operations for the 2016–17 financial year. It was presented to the House of Representatives by Treasurer Scott Morrison on 3 May 2016. It was the third budget to be handed down by the Liberal/National Coalition since their election to government at the 2013 federal election, and the first to be handed down by Morrison and the Turnbull Government. Breaking from convention, the budget was submitted a week earlier than the traditional annual date of the second Tuesday in May, amidst a run-up to the 2016 federal election. Prime Minister Malcolm Turnbull had recalled parliament early, in anticipation of a double dissolution triggering an election for 2 July 2016. Background In September 2015, Member for Wentworth and former Minister for Communications under the Abbott Government, Malcolm Turnbull, challenged the incumbent Tony Abbott for the Prime Ministership and won office by a vote ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ABC News (Australia)
ABC News, or ABC News and Current Affairs, is a public news service produced by the Australian Broadcasting Corporation. Broadcasting within Australia and the rest of the world, the service covers both local and world affairs. The division of the organisation, which is called ABC News, Analysis and Investigations. is responsible for all news-gathering and coverage across the Australian Broadcasting Corporation's various television, radio, and online platforms. Some of the services included under the auspices of the division are the ABC News TV channel (formerly ABC News 24); the long-running radio news programs, '' AM'', '' The World Today'', and '' PM''; ABC NewsRadio, a 24-hour continuous news radio channel; and radio news bulletins and programs on ABC Local Radio, ABC Radio National, ABC Classic FM, and Triple J. ABC News Online has an extensive online presence which includes many written news reports and videos available via ABC Online, an ABC News mobile app (ABC Liste ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Australian Financial Review
''The Australian Financial Review'' (abbreviated to the ''AFR'') is an Australian business-focused, compact daily newspaper covering the current business and economic affairs of Australia and the world. The newspaper is based in Sydney, New South Wales, Australia; owned by Nine Entertainment and has been published continuously since its founding in 1951. The ''AFR'', along with the rest of Fairfax Media (aside from some publications which were sold to Australian Community Media), was sold to Nine Entertainment for more than A$2.3 billion.Mergermarket - An Acuris company. (n.d''.). Fairfax Media Limited Nine Entertainment Co. Holdings Ltd Merger.'' Retrieved from www.mergermarket.com/Common/Mergermarket/Deals/DealDetails.aspx?dealsysid=933952&extern=19&id=239512&contextid=1018456074&zone=205¤cyCode=AUD The ''AFR'' is published in tabloid format six times a week, whilst providing 24/7 online coverage through its website. In November 2019, the ''AFR'' reached 2.647 million Au ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Herald Sun
The ''Herald Sun'' is a conservative daily tabloid newspaper based in Melbourne, Australia, published by The Herald and Weekly Times, a subsidiary of News Corp Australia, itself a subsidiary of the Murdoch owned News Corp. The ''Herald Sun'' primarily serves Melbourne and the state of Victoria and shares many articles with other News Corporation daily newspapers, especially those from Australia. It is also available for purchase in Tasmania, the Australian Capital Territory and border regions of South Australia and southern New South Wales such as the Riverina and New South Wales South Coast, and is available digitally through its website and apps. In 2017, the paper had a daily circulation of 350,000 from Monday to Friday. The ''Herald Sun'' newspaper is the product of a merger in 1990 of two newspapers owned by The Herald and Weekly Times Limited: the morning tabloid paper ''The Sun News-Pictorial'' and the afternoon broadsheet paper '' The Herald''. It was first pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Federal Budget, 2015–16
The 2015 Australian federal budget was the federal budget to fund government services and operations for the 2015/16 financial year. The 2015 budget was the second and last submitted by the Abbott Government, since the Coalition's victory in the 2013 Australian federal election. Treasurer Joe Hockey presented the budget to the House of Representatives on 12 May 2015. The budget featured a $4.4 billion Families Package to reform child care in Australia and a $5.5 billion Jobs and Small Business Package to assist small business. The budget was passed by both the House of Representatives and the Senate and took effect at the start of the 2015/16 financial year, which began on 1 July 2015. Forecasts Deficit The budget is the eighth in a row to contain a deficit. In May 2015, the deficit for FY 2015/16 was forecast to be $35.1 billion (2.1% of GDP). In December 2015, this increased to $37.4 billion. Revenues The falling price of iron ore cut billions of doll ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Budget Balance
The government budget balance, also alternatively referred to as general government balance, public budget balance, or public fiscal balance, is the overall difference between government revenues and spending. A positive balance is called a ''government budget surplus'', and a negative balance is a ''government budget deficit''. A government budget is a financial statement presenting the government's proposed revenues and spending for a financial year. A budget is prepared for each level of government (from national to local) and takes into account public social security obligations. The government budget balance can be broken down into the ''primary balance'' and interest payments on accumulated government debt; the two together give the budget balance. Furthermore, the budget balance can be broken down into the ''structural balance'' (also known as ''cyclically-adjusted balance'') and the cyclical component: the structural budget balance attempts to adjust for the impact of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Verizon Communications
Verizon Communications Inc., commonly known as Verizon, is an American multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average. The company is headquartered at 1095 Avenue of the Americas in Midtown Manhattan, New York City, but is incorporated in Delaware. The company was formed in 1984 as Bell Atlantic as part of the break up of the Bell System into seven companies, each a Regional Bell Operating Company (RBOC), commonly referred to as "Baby Bells". Headquartered in Philadelphia, it originally had an operating area from New Jersey to Virginia. In 1997, Bell Atlantic expanded into New York and the New England states by merging with fellow Baby Bell NYNEX. While Bell Atlantic was the surviving company, the merged company moved its headquarters from Philadelphia to NYNEX's old headquarters in New York City. In 2000, Bell Atlantic acquired GTE, which operated telecommunications companies across most of the rest of the countr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Huffington Post
''HuffPost'' (formerly ''The Huffington Post'' until 2017 and sometimes abbreviated ''HuffPo'') is an American progressive news website, with localized and international editions. The site offers news, satire, blogs, and original content, and covers politics, business, entertainment, environment, technology, popular media, lifestyle, culture, comedy, healthy living, women's interests, and local news featuring columnists. It was created to provide a progressive alternative to the conservative news websites such as the Drudge Report. The site offers content posted directly on the site as well as user-generated content via video blogging, audio, and photo. In 2012, the website became the first commercially run United States digital media enterprise to win a Pulitzer Prize. Founded by Andrew Breitbart, Arianna Huffington, Kenneth Lerer, and Jonah Peretti, the site was launched on May 9, 2005 as a counterpart to the Drudge Report. In March 2011, it was acquired by AOL for US$315& ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joe Hockey
Joseph Benedict Hockey (born 2 August 1965) is a former Australian politician and diplomat. He was the Member of Parliament for North Sydney from 1996 until 2015. He was the Treasurer of Australia in the Abbott Government from 18 September 2013 until September 2015 when he resigned from Cabinet, having refused an alternative offer from the incoming Prime Minister, Malcolm Turnbull. He previously served as the Minister for Human Services and Minister for Employment and Workplace Relations in the Howard Government. He also served as Ambassador of Australia to the United States from January 2016 until January 2020. Hockey's parliamentary resignation triggered a 2015 North Sydney by-election where he was succeeded by Trent Zimmerman who had previously worked for Hockey as a staffer. His appointment as Ambassador of Australia to the United States was announced on 8 December 2015 to replace Kim Beazley, whose term ended in early 2016, and he assumed that position on 29 January 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minister For Social Services (Australia)
The Minister for Social Services is the Australian federal government minister who oversees Australian Government social services, including mental health, families and children's policy, and support for carers and people with disabilities, and seniors. Amanda Rishworth was appointed as minister on 1 June 2022, following the Australian federal election in 2022. Portfolio In the Government of Australia, the Ministers administer the portfolio through the Department of Social Services. Other portfolio bodies for which the Ministers are responsible include: * Aged Care Standards and Accreditation Agency * Australian Institute of Family Studies * Commonwealth Advisory Committee on Homelessness * Community and Disability Services Ministers' Conference * Community Services Ministers' Advisory Council * Emergency Relief State Advisory Committees * National Childcare Accreditation Council Inc. * National Disability Advisory Council * National Disability Insurance Agency * Nation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
News Corp Australia
News Corp Australia is an Australian media conglomerate and wholly owned subsidiary of the American News Corp. One of Australia's largest media conglomerates, News Corp Australia employs more than 8,000 staff nationwide and approximately 3,000 journalists. The group's interests span newspaper and magazine publishing, Internet, subscription television in the form of Foxtel, market research, DVD and film distribution, and film and television production trading assets. News Pty Limited (formerly News Limited) is the holding company of the group. News Corp Australia owns approximately 142 daily, Sunday, weekly, bi-weekly, and tri-weekly newspapers, of which 102 are suburban publications (including 16 in which News Corp Australia has a 50% interest). News Corp Australia publishes a nationally distributed newspaper in Australia, a metropolitan newspaper in each of the Australian cities of Adelaide, Brisbane, Darwin, Hobart, Melbourne, and Sydney, as well as groups of suburban news ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Australian
''The Australian'', with its Saturday edition, ''The Weekend Australian'', is a broadsheet newspaper published by News Corp Australia since 14 July 1964.Bruns, Axel. "3.1. The active audience: Transforming journalism from gatekeeping to gatewatching." (2008). "''The Australian'' has long positioned itself as a loyal supporter of the incumbent government of Prime Minister John Howard, and is widely regarded as generally favouring the conservative side of politics." As the only Australian daily newspaper distributed nationally, its readership of both print and online editions was 2,394,000. Its editorial line has been self-described over time as centre-right. Parent companies ''The Australian'' is published by News Corp Australia, an asset of News Corp, which also owns the sole daily newspapers in Brisbane, Adelaide, Hobart, and Darwin, and the most circulated metropolitan daily newspapers in Sydney and Melbourne. News Corp's Chairman and Founder is Rupert Murdoch. ''Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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