The federal government is seeking to incentivise businesses to adopt and transition to digital technologies through its $800 million Digital Business Plan in a move designed to allow more businesses to operate through the pandemic and boost Australia's GDP up to $6.5 billion over four years.
Global consultancy firm McKinsey estimated the adoption of technology in Australia had advanced up to five years in eight weeks as a result of the coronavirus pandemic. Around half of the government's $800 million spend would be used to finalise the government's business register allowing Australians to start businesses in minutes rather than weeks.
Why are they pushing commerce online?
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Financial bail-outs need to go from government thinking | Sky News AustraliaSky News contributor Cory Bernardi says businesses and consumers need to take more responsibility for their spending and loaning.\n\nMr Benardi said the last time the “world was going to end” and governments scrambled to save Australians was the 2008 Global Financial Crisis. \n\n“The effective cause of the GFC was irresponsible home loans by US banks to the unemployed and the unemployable under the guise of 'fairness and equity'.,' Mr Bernardi said.\n\n“These sub-prime mortgages were packaged up and on sold to investors. \n\n“When they collapsed, many institutional investors, like the investment banks, were then bailed out by taxpayers.”\n\nMr Bernardi said then Prime Minister Kevid Rudd introduced responsible lending laws to respond to the failures of the credit system. \n\nThese laws, however, gave banks the responsibility of ensuring their clients repay their borrowings, at risk of being held liable for the borrowers default. \n\n“The government has now abandoned the Rudd era responsible lending laws in a bid to inject a shot of credit adrenaline into our economy,” he said.\n\n“Now I am for more deregulation…as long as only the two parties to the transaction are the only one's held responsible for any negative outcomes.\n\n“The credit victim mentality has to stop. \n\n“If you want less regulation and more freedom, there also needs to be more responsibility.” \n Cory Bernardi? You’re quoting that clown on anything? 🤪🤣🤪🤣🤪🤣🤪🤣🤪🤣🤪🤣 LiveSundayWord The Messiah is coming 메시아께서 오십니다 2020년 9월 27일 한국어 생방송 So should the Canberra politicians, interesting that they seem to be avoiding the idea of a federal ICAC as much as possible.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Government committed to beating 2030 emissions targets | Sky News AustraliaEnergy Minister Angus Taylor says the focus should remain on lowering emissions through technological development, rather than committing to a net zero emissions target by 2050.\n\n“If we succeed in that ... then we will see dramatic emissions reductions and they wont just be by 2040 they will be by 2050 but we’ve got to make the technologies work and the focus needs to be on actually delivering,” Mr Taylor told Sky News.\n\nThe government has revealed a list of five new and emerging technologies it is planning to invest in as part of a roadmap to bring down emissions. \n\nThrough to 2030, the government said it would invest $18 billion in a bid to unlock further investment for the private sector totaling around $50 billion, and hoped to wipe out 250 million tonnes of emissions by 2040. \n\nThe five major investments included clean hydrogen, energy storage, green steel and aluminum, carbon capture and storage, and soil carbon projects.\n\n“Our focus is on technology not taxation, it’s bringing down those 250 million tones through to 2040 and more beyond,” he said.\n\n“Doing it in a way that is going to maintain a strong economy, which is going to maintain critical industries, agriculture, transport - that’s absolutely essential to this.\n\n“Unlike the approach taken by Labor in the lead up to the last election where they were prepared to slash jobs, they were prepared to slash incomes, they were prepared to slash industries and regions - we will not do that.”\n ..and yet CO2 is not a “killer” of human kind ...it’s allowed the world to have record breaking crop yields - isn’t that great? Nuclear anyone? Solves all problems. Maybe we can get some that free energy that Nikola Tesla discovered and the deep state has been hiding from us.
Source: SkyNewsAust - 🏆 7. / 78 Read more »