AAA Credit Rating Reaffirmed By Fitch

Australia’s AAA credit rating has been reaffirmed by Fitch in an expression of confidence in the Morrison Government’s handling of the coronavirus crisis and our demonstrated record of economic management and in the words of Fitch “commitment to fiscal prudence.”
In its report, Fitch notes that Australia’s “effective macroeconomic policy framework, has supported a long record of stable economic growth prior to the current exogenous shock” and that “substantial fiscal and monetary policy stimulus” has been put in place “which should soften the shock and support the economic recovery.”
Today’s report confirms Australia as one of only 10 countries with a AAA credit rating from all three major ratings agencies.
Fitch recognises the “significant impact the global coronavirus pandemic has on Australia’s economy and public finances” and has put our AAA rating on a negative outlook.
Fitch’s action today, in reaffirming our AAA rating, is a reminder of the importance of maintaining our commitment to medium term fiscal sustainability.
Our disciplined economic and budget management saw the Federal Budget return to balance for the first time in 11 years and the Budget was on track to achieve a surplus in 2019-20 before the COVID-19 outbreak.
Our measures are temporary, targeted and proportionate to the challenge we face and will ensure Australia bounces back stronger on the other side, without undermining the structural integrity of the Budget which Australians have worked so hard to restore.

Harnessing new technology to grow jobs and the economy and lower emissions

Investment in low emissions technologies that strengthen our economy and support jobs and businesses are a priority of the Morrison Government on the road to recovery from COVID-19, and to help Australia reduce global emissions.
Today, the Government has released the Technology Investment Roadmap discussion paper, that will bring a strategic and system-wide view to future investments in low emissions technologies.
Minister for Energy and Emissions Reduction Angus Taylor said the Government sees enormous potential in technologies like hydrogen, carbon capture and storage, soil carbon sequestration, biofuels, resources and energy exports to reduce emissions while strengthening our economy.
“The Government is committed to reducing emissions without imposing new costs on households, while at the same time growing businesses and the economy,” Minister Taylor said.
“At its core, this is about technology not taxes. It means reducing emissions, not reducing jobs and the economy. It is an approach based on rigour, confidence, optimism, and Australian ingenuity not ideology.
The Government has a clear focus – back new and emerging technologies that will:

  • Continue supplying the affordable and reliable energy households and industry need to support jobs and the economy;
  • Increase the productivity of export sectors like agriculture, energy, metals and minerals processing;
  • Allow Australia to capitalise on opportunities to develop new industries and jobs; and
  • Position Australia to support our trading partners’ plans to reduce emissions through the export of low emissions technologies, energy and other products.

“The Government’s Technology Investment Roadmap is about more than just reducing emissions,” Minister Taylor said.
“This is about developing technologies that will support jobs growth. This is about ensuring that mums and dads and small businesses are paying a fair cost for energy and not imposing taxes on them. This is about backing new industries that will help our regional communities and local economies to prosper. This is about putting Australia at the forefront of research and development, and maintaining our strong track record of reducing global emissions.”
The alternative is to sign up to long term targets without a clear plan. This approach will penalise energy-intensive industries and reduce economic activity.
Other countries, particularly our largest trading partners, are reluctant to commit to policies and targets with material economic costs.
“Australia will play its role on the global stage by partnering with other nations to accelerate technologies with high abatement potential. Reducing emissions in a way that benefits the economy of these countries is the only way to broad agreement on a way forward,” Minister Taylor said.
“Real action on technology, not taxes, is the pathway to increasing global ambition.”
The Roadmap goals will be developed in consultation with industry, researchers and the financial sector, with progress reported through an annual Low Emissions Technology Statement.
The Government has appointed a Ministerial Reference Panel, led by Australia’s Chief Scientist Dr Alan Finkel, to support the development of the first Low Emissions Technology Statement that will be published later this year.
The Roadmap will be a cornerstone of Australia’s Long Term Emissions Reduction Strategy, to be released ahead of COP26.
The Government will look to support a wide range of technologies with the potential to reduce emissions across sectors. Through the Technology Investment Roadmap process, clear goals will be set for the most important and prospective of these – as we have already done with the ‘H2 under $2’ program.
The Government has already made substantial investments in clean energy technology, with more than $10 billion invested in more than 670 clean energy projects with a total project value in excess of $35 billion.
To contribute to this important national conversation or learn more about the Roadmap process, visit: https://consult.industry.gov.au/climate-change/technology-investment-roadmap/
Written submissions are open until Sunday 21 June 2020.

New Skill Set to Support Aged and Disability Sectors

The Morrison Government is continuing to rapidly roll out more qualifications to deal with the challenges put by COVID-19.
Australia’s aged care and disability support workforce is set to be reinforced with new training qualifications to help the sector meet the demand for skilled workers.
A new, national skill set has been developed that will enable new workers to be rapidly deployed with the essential entry level skills they need to help boost the ranks of the care and support sectors.
Minister for Employment, Skills, Small and Family Business, Senator the Hon Michaelia Cash, said this skill set was another successful outcome from the COAG Skills Council.
“Our immediate priority is to ensure we have enough skilled workers to deliver the care and support these essential sectors need right now,” Minister Cash said.
“This new skill set will ensure our aged care and disability support workforce, who are facing unprecedented challenges, continue to be supported throughout the COVID-19 pandemic.”
The Entry into Care Roles skills set will provide foundational knowledge and skills, including safe work practices and infection prevention procedures.
The new training was fast-tracked through the COVID-19 sub-committee of the Australian Industry and Skills Committee (AISC), which was established to drive rapid and flexible development of training packages during the COVID-19 crisis.
Minister Cash said the Human Services Care Skills Organisation Pilot was also leading innovative new ways to develop training skill sets.
“The Skills Organisations pilots are working in critical sectors looking at ways to improve Australia’s training system to respond to industry skills needs,” Minister Cash said.
“They are also playing an important role in the rapid development of skill sets to meet an urgent need and to fill gaps in the workforce.”
Assistant Minister for Vocational Education, Training and Apprenticeships, the Hon Steve Irons MP, said the national training system had worked well together to deliver this important training.
“These are the types of flexible and practical solutions our country needs right now to help us confront the workforce challenges posed by the COVID-19 pandemic,” Assistant Minister Irons said.
“It offers new opportunities for people whose jobs have been impacted by the crisis to quickly upskill and find work in the aged and disability sector.”
More information about the Entry into Care Skill Set training is available at: https://www.aisc.net.au/content/communiques-and-training-package-updates

$400 Million Funding Boost For Health And Medical Research

The Morrison Government will invest almost $400 million in world-leading health and medical research projects to improve the lives of all Australians.
Our Government will strengthen Australians’ health through research to prevent illness and deliver better health care as we recover and restore our nation in the aftermath of the COVID-19 pandemic.
A total of 237 new projects will receive funding from the National Health and Medical Research Council (NHMRC), with a further 30 grants to be funded through the Medical Research Future Fund (MRFF) Priority Round.
Funding will support research in the areas of:

  • Cancer – $87.1 million
  • Cardiovascular Disease – $46.5 million
  • Mental health – $54.0 million
  • Indigenous – $19.4 million
  • Infectious diseases – $84.7 million

Of the grants funded, a total of $84.7 million will go towards 61 new research projects in infectious diseases – a significant strength of Australia’s research sector.
Whilst applications for this grant round closed in 2019, prior to the outbreak of COVID-19, infectious disease research into influenza and pneumonia may contribute to our understanding of COVID-19 and translate into new treatment strategies and trials.
Professor Allen Cheng from Monash University will receive $1.7 million to optimise vaccine and treatment strategies to prevent illness and death from severe influenza in Australia.
Professor Cheng’s research project will transform the prevention and treatment of influenza and its complications by developing innovative public health and treatment strategies that can be applied globally
Australians will benefit from this vital health and medical research being conducted around the country:

  • $186 million in research funding for 124 projects in Victoria, including University of Melbourne research to put 3D printing into the reality of surgery by developing an approach for regenerating joint cartilage within the body using one-step surgery
  • $119.8 million in research funding for 83 projects in New South Wales, including University of New South Wales research to explore how novel internet solutions can be used to overcome the burden of depression in youth.
  • $48.8 million in research funding for 29 projects in Queensland, including QIMR Berghofer Institute of Medical Research research into the genetic basis of breast cancer risk with the aim of reducing breast cancer incidence and mortality.
  • $24.1 million in research funding for 15 projects in South Australia, including University of South Australia research into the monitoring of medical conditions such as preeclampsia, epilepsy, fetal arrhythmias and heart attacks through advanced technologies that can be integrated with point-of-care and wearable diagnostic tools.
  • $8.4 million in research funding for nine projects in Western Australia, including University of Western Australia research into novel and effective chemotherapy and immunotherapy drug combinations to reduce deaths from cancer.
  • $5.6 million in research funding for five projects in the Northern Territory, including Menzies School of Health Research work towards the elimination of chronic hepatitis B in the Northern Territory.
  • $3.8 million in research funding for two projects in the ACT, including Australian National University research to strengthen the detection and prediction of outbreaks of emerging infectious diseases, and the control and elimination of neglected tropical diseases.

While this round was closed for submissions last year, we are currently in the process of awarding $42 million for COVID research through the MRFF.
Medical research is one of the core elements of the Australian Government’s $104 billion Long Term National Health Plan. This vital investment across the broad health spectrum will continue the proud Australian tradition of discovery and translation for the better health for all.
A full list of grant recipients is available on NHMRC’s website: www.nhmrc.gov.au.

Australians urged to stay vigilant as COVID-19 toll climbs to 100

The Australian Government has renewed calls for Australians to stay vigilant as the toll of people who have died as a result of COVID-19 rises to 100.
Minister for Health Greg Hunt and Minister for Aged Care and Senior Australians Richard Colbeck today urged residents to maintain physical distancing and strict hygiene measures to ensure the nation continues to flatten the curve.
It follows confirmation of the death of a resident at Sydney aged care facility Newmarch House – the centre’s 19th since the COVID-19 outbreak at the facility, with 17 directly attributed to COVID-19 and Australia’s 100th overall.
“We extend our deepest sympathies to all those people who have lost a loved one as a result of this pandemic,” Minister Hunt said.
“This tragic toll reminds us that even as Australian states and territories move toward easing of restrictions, the threat of this virus remains.”
Minister Hunt said it was vital Australians continued to follow the advice of National Cabinet and the AHPPC, which clearly outlines the measures needed to ensure we can navigate through this pandemic.
“We recognise the profound impact of every single death in Australia as a result of COVID-19,” Minister Hunt said. “While this is a tragic toll, it also indicates how strict measures adopted across the nation have served to protect our way of life.
“The Australian Government has outlined a clear pathway to recovery, but Australians everywhere should stay alert, follow physical distancing guidelines and look out for each other. Together, we can do this.”
Minister Colbeck said he was deeply saddened by the latest death at Newmarch House.
“Our thoughts are extended to all those affected by this latest loss,” Minister Colbeck said.
“The deaths at Newmarch House underline the dangers COVID-19 pose for vulnerable and senior Australians.
“Protecting the health and wellbeing of residents remains a focus for both Commonwealth and State.
“We are not out of the woods. Protecting our most vulnerable is everybody’s responsibility.”
Minister Colbeck said the Aged Care Visitor Access Code, released earlier this month, set out a nationally consistent framework to ensure the health and wellbeing of aged care residents remained a priority while ensuring important social connections were retained.
Both Minister Hunt and Minister Colbeck said the COVIDSafe app remained a key to ensuring a stronger, safer future for Australia.
The voluntary opt-in contactp app will help health authorities know who has been in contact with someone who has tested positive for coronavirus.
The CovidSafe app can be found here.
The Aged Care Visitor Access Code can be found here.

Greens: Childcare Must Remain Free

The Greens have backed a community call to retain free childcare in light of the Education Minister’s strongest indications yet that the government would revert back to a fee-paying model, potentially as early as next month.
Senator Mehreen Faruqi, Greens spokesperson for Education, said:
“Free childcare has been a huge step forward for access to childcare for families. It should be made permanent.
“The government may think it will save money by going back to the fee-paying model, but we know the social and economic benefits of free childcare are enormous.
“The economic impacts of COVID-19 are going to be felt for many months and years. People are doing it tough, and a return to fee-paying childcare now will only make things worse.
“The Minister should be looking at how to ensure ongoing access to free childcare, and options for expanded public operation of childcare, not doubling down on a return to fees that will once again prevent families from accessing childcare.
“Free childcare, hand-in-hand with a fair and decent wage for workers in the sector, benefits everyone.
“It’s time to recognise childcare as an essential service available to anyone who needs it, not just those who can afford it,” she said.

Australians urged to stay vigilant as COVID-19 toll climbs to 100

The Australian Government has renewed calls for Australians to stay vigilant as the toll of people who have died as a result of COVID-19 rises to 100.
Minister for Health Greg Hunt and Minister for Aged Care and Senior Australians Richard Colbeck today urged residents to maintain physical distancing and strict hygiene measures to ensure the nation continues to flatten the curve.
It follows confirmation of the death of a resident at Sydney aged care facility Newmarch House – the centre’s 19th since the COVID-19 outbreak at the facility, with 17 directly attributed to COVID-19 and Australia’s 100th overall.
“We extend our deepest sympathies to all those people who have lost a loved one as a result of this pandemic,” Minister Hunt said.
“This tragic toll reminds us that even as Australian states and territories move toward easing of restrictions, the threat of this virus remains.”
Minister Hunt said it was vital Australians continued to follow the advice of National Cabinet and the AHPPC, which clearly outlines the measures needed to ensure we can navigate through this pandemic.
“We recognise the profound impact of every single death in Australia as a result of COVID-19,” Minister Hunt said. “While this is a tragic toll, it also indicates how strict measures adopted across the nation have served to protect our way of life.
“The Australian Government has outlined a clear pathway to recovery, but Australians everywhere should stay alert, follow physical distancing guidelines and look out for each other. Together, we can do this.”
Minister Colbeck said he was deeply saddened by the latest death at Newmarch House.
“Our thoughts are extended to all those affected by this latest loss,” Minister Colbeck said.
“The deaths at Newmarch House underline the dangers COVID-19 pose for vulnerable and senior Australians.
“Protecting the health and wellbeing of residents remains a focus for both Commonwealth and State.
“We are not out of the woods. Protecting our most vulnerable is everybody’s responsibility.”
Minister Colbeck said the Aged Care Visitor Access Code, released earlier this month, set out a nationally consistent framework to ensure the health and wellbeing of aged care residents remained a priority while ensuring important social connections were retained.
Both Minister Hunt and Minister Colbeck said the COVIDSafe app remained a key to ensuring a stronger, safer future for Australia.
The voluntary opt-in contactp app will help health authorities know who has been in contact with someone who has tested positive for coronavirus.
The CovidSafe app can be found here.
The Aged Care Visitor Access Code can be found here.

Support Act Wellbeing Helpline now available to all arts workers!

Support Act is delighted to announce that its Wellbeing Helpline has been expanded beyond the music and theatre industries to now incorporate all artists and arts workers across Australia.
The Wellbeing Helpline is a free confidential service available 24/7, staffed by professional clinicians familiar with issues faced by people working in music and the arts. It can be accessed by calling 1800 959 500 within Australia, or via email. Zoom video calls are also available.
The twelve-month expansion of this essential service has been made possible thanks to the Australian Government, through the Office for the Arts.
Clive Miller, CEO, says he is thrilled that Support Act can extend access to the Helpline to the wider arts community during this challenging time.
“COVID-19 is clearly having a huge impact on the mental health and wellbeing of people across the entire arts sector, with many people struggling as a result of financial hardship, concern about careers, being cut off from social networks and working from home. Our clinicians can provide support in all these areas and more, and we encourage any music or arts worker who is concerned about their mental health to call the Helpline on 1800 959 500.”
Support Act launched the Wellbeing Helpline in June 2018 with support from The Tony Foundation and Levi’s and partnered with the Arts Centre Melbourne’s Arts Wellbeing Collective to extend access to all performing arts workers in July 2019.
The Wellbeing Helpline is delivered in partnership with AccessEAP, a leading not-for-profit Employee Assistance Program provider with close to 30 years’ experience in mental health and workplace wellbeing.
“I have used the Helpline and it really helped me at the time deal with some flat feelings after a project came to an end,” said Ben Steel, writer & director of the documentary, The Show Must Go On . “It was a relief to speak with a trained clinician who could understand my creative world and provide thoughtful and relevant advice at a convenient time to my busy schedule. I know screen actors and our friends across all of arts & entertainment will benefit from having access to this incredible industry Helpline.”
More information is available on our website, including digital resources to download and share on socials, websites, emails as well as venues and workplaces.

HEAD OF TASKFORCE INTO DEATH OF ANN MARIE SMITH MUST BE REPLACED DUE TO CONFLICTS OF INTEREST

Australian Greens Disability Rights Spokesperson Senator Jordon Steele-John has called on the South Australian Premier to reconsider the appointment of David Caudrey to lead the task force investigating the death of Ann Marie Smith, citing “unacceptable conflicts of interest”.
“The tragic death of Ms Smith must be investigated by a truly independent task force led by disabled people, not by individuals with links to the very systems at fault,” Steele-John said.
“Unfortunately, there is no chance of an independent outcome when this task force is led by Mr Caudrey; it’s letting the fox guard the henhouse.
“Mr Caudrey has been working in various state government disability roles with direct links to the very systems that have failed Ms Smith for more than a decade.
“As Executive Director of Disability SA from 2011 to 2016, Mr Caudrey lead the very agency that funded Ms Smith’s supports until her transition to the NDIS.Then, as South Australia’s Disability Advocate he had direct oversight of her care under the NDIS.
“Investigating both of these institutions, their systemic failures and their role in the abuse, and ultimately the death, of Ms Smith will be a key component of the task force’s work, including potentially Mr Caudrey’s own role.
“His role in this taskforce is completely untenable and he must be replaced immediately.”
South Australian Greens Disability Spokesperson Tammy Franks MLC said:
“South Australians are still reeling from what happened to Ann Marie Smith. We failed her when our systems failed her.
“While a task force is welcomed we need to make sure it has the trust of the community to do its important work. That requires absolute clarity to community that the Chair is truly independent and also does not come with the baggage of previously being a leader in shaping the broken system.”

Make Our Cities’ Rivers Swimmable Again: Greens

The Greens have pledged to make Australia’s rivers and lakes swimmable again, under their Covid-19 Economic Recovery plan, that’s good for jobs, the economy and the environment.
The Swimmable Lakes and Rivers Pledge would see iconic rivers and lakes across the country restored and clean enough to swim in within the next decade.
It is one of the job-rich projects under the Greens Next Gen Guarantee which would see young people guaranteed a job and secure income to restart the economy and build a better normal after Covid-19.
Greens South Australian Senator and Spokesperson for Environment and Water Sarah Hanson-Young said:
“A green jobs recovery is desperately needed to stem the flow of jobs across the country, as our young people in particular stare down the barrel of years of unemployment.
“From the bushfires to yearning to reconnect with nature after the Covid lockdown, Australian’s are concerned about our environment more than ever before.
“Making the rivers like the Adelaide’s Torrens, Melbourne’s Yarra, Perth’s Swan and even Canberra’s Lake Burley Griffin, clean enough to swim in, is a wonderful investment in our environment and the community.
“The Greens plan for getting young people into jobs that rehabilitate bushfire devastated areas, protect native wildlife and restore our iconic rivers is a win-win. It’s good for the economy, it tackles youth unemployment and its good for our environment.
“Swimmable rivers and lakes in our cities isn’t just good for jobs, it’s great for Aussies who want to cool off as we experience more hot days, for our social fabric as we come back together after the pandemic and of course for the environment.
“Many of our urban rivers used to be swimmable, and remain beautiful spots to picnic or exercise around, why shouldn’t they be returned to their former glory of being a spot for a dip as well?
“We are facing a devastatingly high unemployment rate across the country and our young people have been hit the hardest. Jobs in our environment shouldn’t just be in regional areas, we need urban jobs in nature too.
“Together with a Habitat Taskforce to restore bushfire devastated areas and rehabilitate the environment and our wildlife, the Greens’ plan to get young people into jobs is a win-win. It’s good for the economy, it tackles youth unemployment and its good for our natural assets.”