Sunday, October 25, 2020

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Politics

Labor to govern in minority with Greens in ACT after losing last two undecided seats | Australian Capital Territory (ACT)

The ACT chief minister, Andrew Barr, will govern again in minority with the Greens, after Labor lost the final two undecided seats to secure a total of 10 in the assembly.The Liberals head into the new term with nine seats out of the 25-seat assembly after the final counting of votes in the territory election.An official declaration of the poll will take place on Wednesday.The Greens secured a record six seats and received just over a 3% swing to them, chalking up 13.5% of the vote, while the Liberals got...
Politics

From pies to sledgehammers: why the rest of Australia should care about the stunt-heavy ACT election | Australian Capital Territory

In the shadows of the national spotlight, one of Australia’s most important elections is playing out.No. Not that one. The other one. The Australian Capital Territory. Home to Australia’s most progressive electors, where, on Saturday, a mostly politically engaged population will learn who will lead them until 2024.At 37 days, it’s been a long campaign. By the time its final hours rolled around, close to 60% of voters had already cast their vote. Another 10% opted for a postal vote. The result of the election may already have been decided...
Business

$540 million in equity capital available to Australian SMEs

Listen to this story The Australian Business Growth Fund (BGF) has been formally established, providing eligible Australian SMEs between $5 mn to $15 mn in long-term equity capital investments. Eligible SMEs include Australian businesses that “have generated annual revenue between $2 million and $100 million and can demonstrate three years of revenue growth and profitability, allowing for the impact of COVID-19 on recent business performance,” according to a media release from Treasurer Josh Frydenberg. The Treasurer has also indicated that the BGF “will shortly begin engaging with SMEs”. The BGF’s investment objectives...
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