Major Infrastructure, Equipment Boost For Hospitals
The Andrews Labor Government is giving Victorian hospitals more of the latest medical equipment and essential infrastructure they need to continue providing world-class healthcare for all Victorians. Acting Premier Jacinta Allan and Acting Minister for Health Lizzie Blandthorn today announced 23 health services across Victoria will share in $55 million for new equipment and upgrades,…
China’s fixed-asset investment maintains stable growth
China’s fixed-asset investment saw a steady expansion in 2022, offering solid support to shore up the overall economy, data from the National Bureau of Statistics (NBS) showed on Tuesday. Last year, fixed-asset investment rose 5.1 percent year on year to over 57.21 trillion yuan (about 8.51 trillion U.S. dollars), according to the NBS. The growth…
CommSec morning report 18 January 2023
In US economic data, the New York State Empire manufacturing index fell from -11.2 to -32.9 in January (survey: -8.7), the lowest level since May 2020. European share markets closed mostly higher on Tuesday, ending at 9-month highs, after a report said the European Central Bank’s (ECB) policymakers were considering a slower pace of interest…
Evening markets report 17 January 2023
The Australian share market has fallen for just the second time in 10 days. The S&P/ASX 200 index fell by just 2 points or 0.03%. The ASX 200 is up still up 4.9 per cent in January. In overseas markets on Friday, US financial markets were closed for a holiday but European markets rose 0.4%….
Historical mine finds old gold in Central Queensland
The Australian Government’s Northern Australia Infrastructure Facility (NAIF) will provide $66 million to reinvigorate an abandoned historical Central Queensland gold mine. Heritage Minerals are planning to breathe new life into the Mount Morgan site by reprocessing old tailings and rehabilitating the site. Operations at Mount Morgan closed in 1990 and the abandoned mine has since…
Singaporean Tech Innovator Signs On For AI Hub In Victoria
The Andrews Labor Government is bringing new businesses and technologies to Victoria from overseas, attracting investments from companies that will create valuable local jobs now and in the future. In Singapore last night, Minister for Trade and Investment Tim Pallas announced that deep-tech company Seventh Sense will establish an artificial intelligence (AI) research and development…
A new golden age for China’s investment sector
“Is China still investible?” is a question we’ve often heard in the market in the past two years, and indeed, rising geopolitical tensions and slowing headline growth, exacerbated by Covid, have raised doubts over the prospects for China’s markets. We are aware of these concerns and may adjust allocations accordingly across asset classes and at…
Australia-India strategic research grants open
Australian researchers can today apply for a share of $6 million in grants to support research collaborations with their counterparts in India. Minister for Industry and Science Ed Husic encouraged Australian researchers to apply as part of Round 15 of the Australia-India Strategic Research Fund (AISRF). “International collaboration is a cornerstone of scientific excellence,” Minister…
Commissioner Sean Hughes to depart ASIC
ASIC Commissioner Sean Hughes will end his term as Commissioner on 3 February 2023, after accepting a role in the commercial sector. ASIC Chair Joe Longo said ‘We are grateful for the contribution Sean has made to ASIC in his role as Commissioner and wish him well in the next stage of his career.’ Mr…
Disney Resort gearing up for Spring Festival celebrations
Shanghai Disney Resort is taking on a new look, featuring special decorations with traditional Chinese elements, as the Spring Festival approaches. The resort kicked off a month of festivities from Jan. 13 to Feb. 10 to celebrate the upcoming Year of the Rabbit. The Spring Festival, or the Chinese Lunar New Year, falls on Jan….
