Australia is under pressure to impose sanctions on Chinese officials for alleged human rights abuses and follow the lead of several other western nations.
Why is Australia staying silent?
It comes after Australia’s Prime Minister Scott Morrison made a declaration that his country should join the US and “develop a best practice targeted sanctions regime.”
However, six months on from this announcement, and the Australian government is yet to pass such laws, and remains non-committal.
Natasha Kassam from the Lowy Institute says that “perhaps the Australian government is concerned about causing even more friction to a relationship that seems to get described at a new rock-bottom on a monthly basis.”
In March, the US, the European Union, the UK. and Canada enacted new laws to sanction Chinese officials involved in alleged human rights abuses in Xinjiang
“The Prime Minister doesn’t have a plan”
Australian Greens Senator Sarah Hanson-Young told Ticker News she believes the PM doesn’t have a plan when it comes to dealing with China.
Hanson-Young says there’s a huge human rights issues in China, “I think about those, the wages and the camps. I think this is just horrific.“
“Australia does need to be standing up and calling out that behaviour, what’s going on in Hong Kong, the crackdown on free media and the freedom of the press. I think these are all things we need to be, of course, standing up too. But the problem is, the Prime Minister doesn’t have a plan.”
Hanson-Young says Morrison is “very knee jerk in relation to China”
Is Australia putting “too many trading eggs” in China’s basket?
Hanson-Young says “obviously it’s a very difficult issue, and it’s very difficult to thread the needle when we’ve invested so much in China as a trading partner, and probably too much.”
“We put too much of our eggs, trading eggs into China and we needed to be diversifying years ago.”
“That is starting to happen in certain commodities but not across the board. And so there is still a big need for China to be trading with Australia.
Will China agree to a minimum corporate tax rate?
In the wake of G7 member nations agreeing to a minimum global corporate tax rate, there are concerns over China’s willingness to take part.
More than 100 countries will need to agree on the new framework which will impact multinational companies, seeing these corporations taxed at least 15 percent.
Although China already has a corporate tax rate of 25 percent, there are numerous exemptions for most companies, which brings the rate well below the proposed 15 percent.
If Beijing refuses to adopt the agreement, leaders from wealthy nations worry it will be difficult to achieve wider global acceptance.
William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment.
With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'.
A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.
TikTok’s fate in the United States has never been more in doubt.
Congress approved a bill, which President Joe Biden signed into law that gives its Chinese parent company two options: sell it to an approved buyer or see it banned.
But now, the owners of the popular social media app says they’re preparing to challenge the statute in court.
Andy Keiser a Senior Fellow at the National Security Institute, and a Former Senior Advisor for the House Intelligence Committee joins Veronica Dudo to discuss. #IN AMERICA TODAY #featured #business #socialmedia #TikTok #TikTokban #nationalsecurity
In an industry constantly looking towards the future, anniversary re-releases offer a welcome opportunity to celebrate the past.
In an era of nostalgia, anniversary re-releases of classic films like “Star Wars Episode 1: The Phantom Menace,” “Spider-Man 2,” and “Shrek 2” are captivating audiences anew.
From the thrill of podracing to the iconic battles between heroes and villains, these films offer a chance to relive cherished moments on the big screen.
Tobey Maguire’s Spider-Man swings back into action, Shrek and his crew return for another hilarious adventure, and the galaxy far, far away beckons once more.
As fans of all ages flock to theaters, these timeless classics remind us why great storytelling endures, bridging generations and captivating audiences with their magic.
New research shows the impact of alcohol on our gut microbiome.
Alcohol affects gut microbes, potentially leading to gut imbalance and heightened cravings.
Research suggests moderate drinkers have healthier gut microbiomes. While red wine consumption may enhance gut diversity, similar benefits can be found in plant-based and fermented foods. Dysbiosis may worsen addiction, highlighting the need for holistic approaches to treatment.
