Hotel quarantine inquiry budget blows out to $5.7 million

The budget of the Victorian Government’s taxpayer-funded inquiry into its botched hotel quarantine program has been blown out by nearly $3 million.

The Premier gave his tick of approval after the Board of Inquiry requested a further $2.7 million, bringing its total budget to $5.7 million.

An inquiry spokesman said the board expected its final expenditure to be less than the $5.7 million, with any unused funds to be returned

Read More

The 2020 Budget Reveals Australia Won’t Charge For Space Launches… Yet

The 2020 Federal Budget has revealed that the government won’t be charging for space launches just yet. This is due to the impact of COVID-19 on the wider Australian industry.

Compared to the rest of the budget, it’s small change. The government is only missing out on around $300,000 here. But it’s still interesting considering how young Australia’s space industry is. Rocket launch taxes are rather novel.

“The Government will

Read More

Merkel Wants German Return to Balanced Budget in 2022 | Investing News

BERLIN (Reuters) – Germany should, if possible, return to a balanced budget from 2022, Chancellor Angela Merkel said on Thursday, adding this would require discipline after Europe’s biggest economy took on record new borrowing during the COVID-19 crisis.

Merkel and Finance Minister Olaf Scholz have introduced a range of rescue and stimulus measures to help the German economy recover as quickly as possible from the coronavirus shock.

The government has

Read More

Here’s What Australia’s Budget Means for Stocks

(Bloomberg) —



Pedestrians are reflected in a window as they walk past an electronic stock board at the ASX Ltd. exchange centre in Sydney, Australia.


© Photographer: David Moir/Bloomberg
Pedestrians are reflected in a window as they walk past an electronic stock board at the ASX Ltd. exchange centre in Sydney, Australia.

Australia’s decision to support a swath of industries to help stimulate an economic recovery in the wake of the coronavirus pandemic means there will be few “losers” in the stock market, according to analysts.

Loading...

Load Error

Treasurer Josh Frydenberg unveiled a

Read More

Budget 2020: A startling lack of vision from a government desperate to keep demand afloat | The Canberra Times

federal budget, crispin hull

The big questions this week are: what do governments do, and why do they do it? This week’s federal budget was an abdication of the fundamental reason for government: to do the things that must be done collectively, that cannot be done by individuals acting alone, so as to nurture and protect people and society. Essentially, the government chucked unaccountable billions of dollars in tax cuts

Read More

Putting travel budget to good use

PETALING JAYA: With international travel not happening anytime soon, many Malaysians are using their overseas travel budget to support local tourism and travel within the country, but they aren’t just simply spending their ringgit away.

With the Covid-19 pandemic having hurt so many industries and tightened the purse strings of millions of Malaysians, many are seeing the importance of saving and investing.

Country manager Senthuran Mohan used to travel

Read More

Travel in style on a budget


It is possible to travel the world on a budget. There are many hacks that you need to know to travel the world in style on a budget. Here are the best shoestring travel tips. It is important to choose the right time to travel.

Traveling off-season can be 3-4 times cheaper than in the time when everybody has holidays. Being flexible with your destination or the timing of

Read More

Disappointment at WA Budget public sector wages cap, continued border closure

Public sector workers who provided Western Australia with “support at the time when we needed it the most” during the pandemic have expressed disappointment after the State Government extended its wage cap policy.

Delivering the State Budget, Treasurer Ben Wyatt announced the state’s 150,000 public servants would be limited to wage increases of $1,000 for the next two years, before a pay hike in line with CPI beyond that.

Mr

Read More

The overlooked parts of the 2020 Australian budget you should know

Video: Public sector workers ‘very frustrated’ over 0.3 per cent pay increase: Unions NSW (Sky News Australia)

Public sector workers ‘very frustrated’ over 0.3 per cent pay increase: Unions NSW

UP NEXT

UP NEXT

By now most people are familiar with the broad strokes of the budget: the record debt and spending, incentives to hire young people, and significant tax cuts that most benefit high-income earners.



a person riding a horse jumping over a fence: Photograph: Richard Wainwright/AAP


© Provided by

Read More

Japan Budget Requests Hit Record of $997 Billion, Fuelled by Pandemic Spending | Investing News

TOKYO (Reuters) – Japan’s ministries have asked for a record $997 billion in initial budget for the next fiscal year, the finance ministry said, as Prime Minister Yoshihide Suga’s new government juggles the need to rein in the pandemic and revive the economy.

The general account spending requests for the fiscal year that begins next April totalled 105.4071 trillion yen ($996.85 billion), exceeding the previous high of 105 trillion sought

Read More

California suffers harsh budget blow as Trump ends stimulus talks

SACRAMENTO — The big state budget bet that California officials made this summer appears to have gone bust after President Trump declared Tuesday he was ending talks with congressional Democrats on another coronavirus stimulus bill before the election.

Read More

Refugee advocates slam Government for Budget slashing humanitarian intake amid coronavirus

Refugee advocates have slammed the Federal Government for slashing Australia’s humanitarian intake by 5,000 people a year in Tuesday night’s Budget.

The Government has introduced a new cap of 13,750 places a year, down from 18,750 — cutting the number of people allowed into the country for humanitarian reasons by more than a quarter.

Jana Favero, director of advocacy and campaigns at the Asylum Seeker Resource Centre (ASRC), said the

Read More

How the events industry benefits from the budget

Spice News caught up with AACB CEO Andrew Hiebl to hear his thoughts on this year’s budget.

The CEO of the Association of Australian Convention Bureaux (AACB) has welcomed the 2020-2021 Federal Budget, saying it includes the “biggest announcement our industry has ever received” in the previously confirmed $50 million business events fund.

Announced on Tuesday 6 October, the budget included a number of funding initiatives to support tourism, business

Read More

Rising COVID Cases Will Stall UK Recovery, Budget Watchdog Warns | Investing News

By David Milliken and Andy Bruce

LONDON (Reuters) – A sharp rise in coronavirus cases is likely to cause Britain’s economic recovery to stall until the resurgence comes under control, the country’s budget watchdog said on Wednesday.

Britain has recorded more than 14,000 new cases on each of the past two days, the most since mass testing began in April, and has increased curbs on socialising, with Scotland announcing the

Read More

How to travel on a budget during the pandemic: Travel Weekly

Opportunities abound

As more destinations, tour companies and travel providers come back online, options, deals and unique opportunities are proliferating.

For the first time, HI USA has converted three properties — HI Point Montara Lighthouse, HI Pigeon Point Lighthouse and HI Point Reyes (all of which are in California) — into vacation rentals, with private units for groups or families. Larger groups can rent the entire hostel facility, including kitchen,

Read More

Rutgers University approves revised $4.45 billion budget

CLOSE

Q&A from press conference with new Rutgers President Jonathan Holloway

Bridgewater Courier News

The Rutgers Board of Governors on Tuesday approved a revised $4.45 billion budget for 2020-21.

It adjusts for restored proposed cuts in state support; a loss of dining, housing and other revenues and cost increases related to the pandemic.

The amended budget for the fiscal year that began on July 1 includes $86.6 million in state

Read More

Western Cape government’s mid-term budget bosberaad ends

By Staff Reporter Time of article published11h ago

Share this article:

Cape Town – Tuesday was the final day of the Western Cape government budget bosberaad to discuss the provincial funding priorities for the medium-term budget policy statement.

These discussions were part of the process to evaluate how the province will deliver over the next three years, said Premier Alan Winde.

Discussions, which commenced at the

Read More

5 highlights from Kalamazoo County’s $109M budget for 2021

KALAMAZOO, MI — The Board of Commissioners unanimously voted to approve Kalamazoo County’s $109 million budget for 2021 on Tuesday, Oct. 6.

Administrator Tracie Moored said this budget was one of the hardest to balance, given the unpredictability of the coronavirus pandemic. She thanked the board for their frank discussions and for voting in favor of the administration’s recommendations.

“This was probably one of the most difficult budgets to

Read More

The Budget takes COVID-19 seriously but there’s a little of Donald Trump’s ‘don’t let it dominate’ vibe

Deft diplomacy is often required by the Prime Minister when asked about his close ally and friend Donald Trump, especially when it comes to the President’s increasingly dangerous advice on how best to approach this global pandemic.

“Donald Trump doesn’t run Australia,” Scott Morrison pointed out to the ABC’s Lisa Millar. He then issued a rather delicate plea: “I’m sure Australians will look to the Australian Government and the state

Read More

The budget spending we’re not allowed to know about

Video: Treasurer announces new employer payment for hiring young Australians (Sky News Australia)

Treasurer announces new employer payment for hiring young Australians

UP NEXT

UP NEXT

Dig beyond the big ticket items and glossy overview and you’ll find the budget is full of goofy spending measures. It also has a lot of spending measures we’re not allowed to know the value of — left undisclosed because of fairly shady

Read More