The latest version of the motion calls on the World Health Organization’s director general to initiate a “stepwise process of impartial, independent and comprehensive evaluation, including using existing mechanisms, as appropriate, to review experience gained and lessons learned from the WHO-coordinated international health response to Covid-19”. … [Read more...] about Australia hails global support for independent coronavirus investigation
Overseas students make a significant contribution to the viability of many Australian universities. An analysis by two Melbourne University academics found that seven Australian universities, including La Trobe University, are at “high financial risk” and could face a cash crisis as a result of the downturn in revenue from international students. … [Read more...] about China warns students to reconsider travel to Australia for study
Daniel Gschwind, the chief executive of the Queensland Tourism Industry Council, also voiced concern about the deteriorating relationship, saying periods of trade conflict were “never helpful for anyone” and his sector hoped the issues could be resolved “in an orderly and diplomatic way”. … [Read more...] about Australia-China trade tensions raise fears over future of agricultural exports
Even though those four farming businesses are named in the anti-dumping announcement, China’s move also applies broadly to “all others” – and is levied at the import stage of the process. Any companies importing barley from Australia will pay the same 73.6% duty from 19 May onwards. In addition, a tariff of 6.9% will be applied across the board based on claims the Australian industry gained an unfair advantage from government subsidies. … [Read more...] about Why has China slapped tariffs on Australian barley and what can Australia do about it?
Beyond the Chinese commitments, the 86-page document outlining phase one of the trade deal also makes commitments around intellectual property, technology transfer and financial services. Under the agreement the US has agreed to halve the tariff rate it imposes on $120bn worth of Chinese goods to 7.5%. But some high tariffs remain, including 25% sanctions on about $250bn worth of imports, including components that US factories use to assemble finished manufactured products. … [Read more...] about Australia welcomes US-China trade deal, despite possible costs