Jobs and Skills Summit: Seniors will be able to work extra hours without losing pension entitlements

Prime Minister Anthony Albanese wrapped up the two-day event in Canberra by announcing the anticipated change to the pension — a policy WA billionaire Gina Rinehart campaigned for ahead of the Federal election. Ms Rinehart said the new measure could have gone further, and the paperwork pensioners need to undertake, along with other restrictions would just deter pensioners from working.

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Japan, Korea say Australian gas exports critical

“The Japanese government has been asking the Australian government to implement any measure in such a way that it does not impact Japan’s supply of LNG from Australia, and the Japanese government will continue doing so,” a Japanese government official told The Australian Financial Review. He also said Korea was focused on securing more urgent supplies of critical minerals. “The sense of vulnerability they have because of china’s dominance of that market is enormous.” Senex Energy, a subsidiary of Korean steelmaker Posco and Gina Rinehart’s Hancock Resources, earlier this month announced plans for a $1 billion coal seam gas expansion in Queensland. Government and Japanese trading house sources in Tokyo said there was also a huge appetite by Japanese companies to invest in the Australian energy sector, particularly now that political risk meant China and Russia were being ruled out for new investments.

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World Free Zones Organization | Latest News

25 August 2022.

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World Free Zones Organization | Latest News

22 August 2022.

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World Free Zones Organization | Latest News

12 August 2022.

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World Free Zones Organization | Latest News

August 2022.

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World Free Zones Organization News

Includes video referencing how the creation of special economic zones are strategic are in expanding the economy.

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Australian mining is critical to nation’s future

The mining industry is the backbone of the Australian economy paying the highest average wages and contributing billions in taxes and royalties each year. The industry continues to pay the highest on average wages, the most company tax, delivers the most export revenue and was critical to supporting regions and communities, including providing 1.1 million jobs in the mining, mining equipment, technology and services sector.

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World Free Zones Organization News

Link to current newsletter.

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War drones, sea mines needed to defend north: Rinehart

“I hope with the new government a better decision is made in the interests of West Australians and northern Australia, to relocate the planned navy maintenance investment away from the people and port of Fremantle, and relocate to the north-west, to Cape Preston,” said Mrs Rinehart after Saturday’s election rout of Scott Morrison’s Coalition government. Mrs Rinehart reiterated her belief that senior citizens and defence force veterans should not lose their pensions if they choose to work for an income, saying both the community and the economy would be better off if they were able to participate more at a time of labour shortages. “Enabling our economy to grow via urgent and significant tape cuts is the best way to increase jobs and opportunities for our youth, our females and our entire population, and the best way to enable wage increases and standards of living to rise, in turn providing revenue for necessities like, healthcare, emergencies, police, kindergartens, our elderly and more.”Restrictions on stopping pensioners and vets from working, restrictions that mean they can only work for a few dollars a week without losing all or part of their pensions, and onerous paperwork, must go urgently,” she said.

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