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Australia PM considers extra inflation relief as families struggle

Australia’s Prime Minister Anthony Albanese addresses a joint press conference with US President Joe Biden in the Rose Garden at the White House in Washington, US, on 25th October, 2023.

Sydney, AustraliaReuters Australia Prime Minister Anthony Albanese said on Wednesday his centre-left government would consider new cost-of-living relief measures ahead of the May budget but without stoking inflation. Australian households are under broad financial pressure from high inflation, which spiked as high as 7.8 per cent in December, 2022, before slowing to 5.4 per cent […]

Australia closes borders to coronavirus, pumps $A100 billion into economy

Coronavirus Sydney

Sydney, AustraliaReuters Australia is closing its borders to foreigners and pumping about $A100 billion into the economy as it seeks to minimise the blow from the coronavirus epidemic. Australia has recorded around 600 coronavirus infections and six deaths, a relatively small number compared to other countries, but officials are growing increasingly concerned about the prospect […]