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Australians want government to address their basic needs

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Australians emphasise living standards, long-term well-being, and direct government services.

The Centre for Policy Development has unveiled its highly-anticipated multi-year survey, the “Purpose of Government Pulse,” offering fresh insights into the Australian public’s perspectives on government objectives, priorities, and performance.

The survey, spanning the years 2015 to 2023, has been publicly released for the first time, revealing intriguing trends in Australian attitudes toward governance, with new data from December 2023.

Notable shift

The findings of the report suggest a notable shift in Australians’ expectations from their government.

The majority now prioritise a government that ensures a decent standard of living and makes decisions centered on the long-term wellbeing of the population.

33% of respondents now view the government’s primary role as guaranteeing a decent standard of living, a sharp rise from the previous 17%.

This shift reflects the growing demand for government intervention to address issues affecting the wellbeing of citizens, such as cost of living pressures and soaring interest rates.

Effective government

As economic challenges continue to impact families and communities, the report indicates that Australians increasingly seek proactive and effective government involvement in resolving these challenges.

The emphasis on wellbeing is further highlighted by the fact that 80% of Australians surveyed believe that the government should prioritise the wellbeing of the population above other considerations in decision-making, marking a 10-percentage-point increase since October 2021.

With healthcare, education, and employment services at the forefront of public concern, Australians also express a preference for the government to take a more active role in delivering these essential services, rather than outsourcing them to the private sector.

When asked about the importance of the government maintaining the capability to directly deliver public services, instead of relying on outsourcing, a resounding 87% of Australians stated that it was either somewhat or very important.

This trend aligns with previous survey results and highlights a sustained shift in public sentiment, which has become more pronounced since the onset of the COVID-19 pandemic.

Active role

CEO of the Centre for Policy Development, Andrew Hudson, commented on the findings, stating that they reflect a growing sentiment among Australians for the government to play a more active role in addressing their needs.

“Australians want their government to be involved in ensuring they are afforded a reasonable standard of living – that they have a job, can afford a home, can support a family. CPD’s survey reveals Australians are not content with government being a hands-off supervisor or regulator,” Hudson remarked.

Hudson further emphasized the shift towards prioritizing long-term wellbeing and environmental considerations over solely focusing on GDP growth.

“We have seen public capability decline over decades, with service delivery being increasingly outsourced. This has created a hands-off, market-driven system in critical service areas, particularly social security, welfare, employment, and migration services,” Hudson noted.

“Recent inquiries into employment services, robodebt, and our migration system have revealed the shocking shortcomings of this hands-off approach,” he added.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Trump’s tariffs disrupt Australia’s trade, impacting economy

Donald Trump’s trade tariffs could negatively disrupt Australia’s economy, impacting exports like beef and canola oil amid global trade tensions.

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Donald Trump’s trade tariffs could negatively disrupt Australia’s economy, impacting exports like beef and canola oil amid global trade tensions.

In Short

Trump’s trade tariffs threaten Australian exports, notably canola oil and beef, with China’s retaliatory export curbs exacerbating the situation.

A full trade war could drastically impact Australia’s iron ore industry and currency stability, complicating its trade relations amidst rising global competition.

Donald Trump’s new trade tariffs could have adverse effects on Australian exports, including canola oil, beef, and critical minerals.

China has implemented retaliatory export curbs on metals essential for technology, raising concerns as China controls much of the global supply. While the US may seek alternatives in countries like Australia for strategic minerals, tensions with Canada complicate this shift.

However, a full-scale trade war would negatively impact Australia’s largest commodity export, iron ore. A weakening Chinese economy could reduce demand for steel-making materials, harming Australia’s trade interests. Trump’s potential expansion of tariffs on aluminium and steel poses additional risks to local manufacturers amid fears of cheap imports undermining the market.

The beef industry could also face disruption. As the US cattle herd declines, tariffs might disrupt Australian beef exports, leading to price hikes. Conversely, Canada could increase canola exports to non-US markets, intensifying competition for Australian oilseed farmers.

Furthermore, the recent tariff announcements have caused fluctuations in the Australian dollar, which hit low levels against the US dollar initially. Subsequent relief for Canada and Mexico caused a brief recovery, yet ongoing tariff disputes could negatively impact the currency’s stability.

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Trump’s tariffs raise prices on Chinese imports

Trump’s new 10% tariff on Chinese imports could raise prices for electronics, clothing, cars, and home appliances in the US.

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Trump’s new 10% tariff on Chinese imports could raise prices for electronics, clothing, cars, and home appliances in the US.

In Short

President Trump has imposed a 10% tariff on imports from China, potentially increasing costs for US consumers on electronics, clothing, cars, and appliances. The National Retail Federation urges negotiations to mitigate price hikes while analysts predict significant increases in product prices.

President Donald Trump has implemented an additional 10% tariff on imports from China, which could potentially rise further.

This move is likely to result in higher prices for various goods in the US, particularly consumer electronics, clothing and textiles, cars, and home appliances.

In 2023, the US imported $427 billion worth of goods from China. Notably, consumer electronics sales included substantial imports of cellphones and laptops. The Consumer Technology Association estimates that tariffs could raise laptop prices by up to 68%, video game consoles by 58%, and smartphones by 37%.

In clothing and textiles, imports amounted to $19.6 billion in 2023. Retailers may increase prices of apparel and accessories due to these tariffs.

Cars are affected as well, with US imports of car parts valued at $14.6 billion. Analysts suggest that domestic automakers sourcing parts from China may be compelled to raise prices.

Home appliances also face price increases. The National Retail Federation projected that the average price of a basic fridge could rise from $650 to $776.

The NRF has urged all parties to negotiate solutions to strengthen trade relations and avoid passing costs on to American consumers.

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Cryptocurrency drops amid Trump’s trade war concerns

“Cryptocurrency Prices Plunge Amid Market Uncertainty from Trump’s Trade War Impact”

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“Cryptocurrency Prices Plunge Amid Market Uncertainty from Trump’s Trade War Impact”

Cryptocurrency markets have experienced a significant downturn amid concerns over ongoing trade tensions.

The fluctuations in value seem closely tied to Donald Trump’s trade policies.

Investors are reacting to uncertainty surrounding international trade agreements.

Bitcoin and other cryptocurrencies have seen sharp declines in recent days.

Analysts suggest that the instability in traditional markets is influencing investor sentiment in cryptocurrencies.

This latest slide raises questions about the resilience of digital currencies in volatile economic environments.

Market observers are monitoring the situation closely for further developments.

Traders are advised to exercise caution given the risk associated with current market conditions.

Potential impacts on the broader economy could also influence the cryptocurrency landscape.

Overall, the situation reflects growing anxiety among investors regarding future market stability.

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