Australia budget to bolster supply chains, domestic industry post-coronavirus and amid China turmoil

Australia’s new budget commits funding to help diversify supply chains and support domestic manufacturing as disruptions stemming from the coronavirus outbreak and continued trade frictions with China have reinforced the need for self-sufficiency.

The Australian government will spend A$107.2 million (US$76.7 million) on a Supply Chain Resilience Initiative that will map out existing vulnerabilities and offer solutions to strengthen them, Canberra announced on Tuesday.

The scheme is paired with a

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Ryanair to axe flight change fees until next March amid coronavirus travel turmoil

Budget airline Ryanair is abolishing fight change fees until next March in the wake of the coronavirus pandemic.

The airline, which flies from many UK airports including Birmingham and Manchester, Liverpool, Cardiff and East Midlands has pledged to extend the offer to customers until next March.

No fees will be charged for flights booked in October and November for travel that changes up until March 21.

However, any alterations must

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