News

China challenges Australia anti-dumping measures at WTO

Published

3 years ago

June 24, 2021

Anthony Lucas

China has filed a lawsuit at the World Trade Organisation over Australian anti-dumping and anti-subsidy measures

The anti-dumping measures affect Chinese exports of train components, wind turbines, and stainless steel sinks.

China hopes Australia can adopt concrete measures so that bilateral trade can return to normal.

#BREAKING |🚨 China has challenged Australia's anti-dumping measures at the World Trade Organisation. pic.twitter.com/nO5279anTs
— Ticker (@tickercotweets) June 24, 2021

Relations between the two sides have steadily worsened since 2018, when Australia barred Huawei from building its 5G network.

Relations also went into freefall last year as Prime Minister Scott Morrison led calls for an independent probe into the origins of the coronavirus.

China opposes nations abusing trade remedy measures which damage the legitimate rights of Chinese companies and undermine the authority of WTO rules, Ministry of Commerce Spokesman Gao Feng told reporters in Beijing Thursday.

“On June 24, China filed a lawsuit against Australia’s anti-dumping and countervailing measures against imports of railway wheels, wind towers, and stainless steel sink products from China under the WTO dispute settlement mechanism,”
a press release filed to China’s Ministry of Commerce website reads.

Beijing has responded with tariffs and restrictions on imports of coal, barley, lobsters and wine.

The World Trade Organisation acts as an independent arbiter between member countries who believe their trade agreements are being infringed upon.

News

Why Australia is becoming the new home of the Hollywood blockbuster

Published

2 days ago

May 17, 2024

Nathan Langridge

Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

News

Portal between countries shut down after international flashing

Published

2 days ago

May 17, 2024

Nathan Langridge

An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

News

U.S. home prices surge 47%

Published

3 days ago

May 17, 2024

ticker NEWS

American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending