Australia became the first democracy in the world to ban social media accounts for children under the age of 16 last week, a measure that has already faced legal challenges from tech companies.
Tag: Australia
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AUSTRALIA RAMPS UP DEFENSE WITH A$25 BILLION INVESTMENT
Australia announced last week that it will look to bolster its defenses to respond to “the most threatening strategic landscape” it has seen in decades, with an A$25 billion ($16.5 billion) investment in its military, with a focus on autonomous weaponry.
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AUSTRALIA TAPS ZIONIST LOBBYIST TO CENSOR FREE SPEECH
The Australian government raised concerns about free speech in the country after Prime Minister Anthony Albanese moved to crack down on what he sees as a surge of antisemitism by tapping a Zionist lobbyist as his Special Envoy to Combat Antisemitism.
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AUSTRALIA TO INVEST $12 BILLION IN MISSILE TECHNOLOGY, CITES GROWING REGIONAL TENSION
The Australian government announced last week that it will invest $12 billion into manufacturing and updating its own missiles, citing geopolitical tensions and a need to reduce its reliance on partners like the U.S. to provide munitions.
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AUSTRALIA POISED FOR RECESSION
Australia’s economy has flatlined and could easily tip into recession, the Australian Bureau of Statistics (ABS) warned last week.
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AUSTRALIA’S CENTRAL BANK WILL KEEP INTEREST RATES HIGH
In February, the Royal Bank of Australia (RBI) noted “encouraging signs” that inflation was waning and hinted at an interest rate cut by the end of this year.
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AUSTRALIAN POLITICAL GANG TEAM UP WITH MEDIA TO SMASH ANTI-GENOCIDE PROTESTS
Small anti-genocide protests have broken out on campuses across Australia, and while they have been peaceful, the country has cracked down on these protesters with the help of the media.
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AUSTRALIA INCREASES MILITARY SPENDING BY $32 BILLION
With an eye on China, Australia announced last week that it will inject an additional $32 billion over the course of 10 years to modernize its military so it “can resist coercion and maintain” its way of life in “a much less certain region and world.”
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AUSTRALIA’S CENTRAL BANK TRIMS 2024 GROWTH FORECAST
The Reserve Bank of Australia (RBA) lopped a half-point from its growth forecast in the current fiscal year ending 30 June. The country’s GDP will grow by 1.3 percent, the bank said, not the 1.8 percent it had expected in November.
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AUSTRALIA WILLING TO FOLLOW U.S. TO WAR, ANNOUNCES PLANS TO PRODUCE GUIDED MISSILES FOR WASHINGTON
It’s WWIII and you just don’t know it yet.