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Australian state recommends ban on ‘Nazi Swastika’ display with exception for sacred Hindu Swastika

Swastika is not Hakenkreuz (Nazi Symbol); Image Source: @CANVA
Swastika is not Hakenkreuz (Nazi Symbol); Image Source: @CANVA

New South Wales parliamentary inquiry committee has unanimously recommended a ban on the public display of Nazi symbols.

The Standing Committee on social issues report noted:

“None of the participants in the inquiry expressed opposition to the objectives of the bill.”

This move has been welcomed by both Jewish and Hindu groups in the state.

Darren Bark, Chief Executive Officer of the NSW Jewish Board of Deputies, said in a statement:

“NSW is today one step closer to banning the Nazi swastika. The Nazi swastika is an emblem of pure evil.

It represents the dehumanisation of millions of people and one of the most inhumane, hate-based and murderous regimes and ideologies to ever exist.”

It is further reported that the bipartisan committee “expressed strong support for the bill’s protective objectives, including for individuals and groups in our community who are hurt, offended or intimidated by the public display of Nazi symbols”.

For the Jewish people, Nazi Hakenkreuz (meaning “hooked cross” and mistakenly translated as “Swastika”) is a constant reminder of racial hatred and the loss of life of millions of people under Adolf Hitler. 

The ancient Hindu symbol of Swastika (meaning “well-being”) has been used also been used by Buddhists and Jains for millennia.

However, the committee has recommended some exceptions such as the use of the swastika symbol by Hindus.

Swastika

Surinder Jain, National Vice-President of Hindu Council of Australia in the joint statement observed:

“Our sacred symbol of the Swastika representing peace and prosperity is often confused with the evil Hakenkreuz.”

He further added:

“We hope that this legislation will ban the hate symbol while freeing our sacred symbol from indoor imprisonment.”

In 2021, Victoria became the first state or territory to initiate legislation outlawing Nazi symbols.

Another Australian state, Queensland, is also thinking of introducing similar laws.

Queensland Parliament’s Legal Affairs and Safety Committee report notes:

“The committee recommends that the Queensland government establish a criminal offence that prohibits the display of hate symbols, including those relating to Nazi and ISIS ideology, with considered exceptions to the prohibition.”

Under the proposed legislation, the maximum penalty for an individual flouting the ban would be a $5500 fine or imprisonment for six months or both.

The new bill is set to be debated in the parliament.

Return to ‘Office’ and mask rules changed in Victoria, Here’ details

Melbourne returns to office; Image Source: @CANVA
Melbourne returns to office; Image Source: @CANVA

Changes to pandemic orders and public health recommendations in Victoria will come into place at 11:59 pm on Friday 25 February 2022.

As per the recommendations work or study from home requirements will be removed, while masks will no longer be needed in most indoor settings.

Masks will only be required indoors in the following circumstances unless an exemption applies:

  • People on public transport, in taxis and ride share, on planes, and indoors at an airport
  • People working or visiting hospitals, and indoor areas at care facilities
  • Workers in hospitality, retail and the court system
  • Workers at justice and correctional facilities
  • Students in year 3 or above at primary school, and workers at early childhood centres and primary schools (masks can be removed in secondary school)
  • People working indoors at an event with more than 30,000 people attending In special circumstances, such as if you have COVID-19 or are a close contact and you’re leaving home

Masks are recommended for other workers serving or facing members of the public, such as if someone is at reception, meeting guests or serving customers.

Minister for Health Martin Foley said, “Victorians have done such a great job getting vaccinated, so we’re able to take safe steps to get more people to return to the office.”

“We’re balancing the need to support our health system with the benefits of easing restrictions in a careful and sensible way,”

Mr Foley added.

The remaining restrictions on elective surgery will lift on Monday, 28 February 2022.

Public hospitals will be able to resume all surgery, with the capacity to be based on an individual assessment of staff availability and COVID-19 demands.

Private hospitals will be able to resume up to 100 per cent of pre-COVID activity.

The Minister for Health will also declare a number of temporary exemptions and deadline extensions for workers required to receive three doses of the COVID-19 vaccine:

  • The third dose deadline for workers in education facilities who were fully vaccinated on or before October 25 will be extended by a month, provided that workers have a booking within that time – meaning all education workers have until 25 March to be ‘up to date’
  • Fully vaccinated workers who aren’t yet eligible for a third dose will have a third dose deadline of three months and two weeks from when they had their second dose
  • Workers who are recent international arrivals will have a new third dose deadline of four weeks from the date of their arrival, provided they have evidence of a future vaccine booking
  • Workers whose temporary medical exemption (e.g., because they had COVID-19) has expired will have a new third dose deadline of two weeks following the expiry of the medical exemption

Further details on the new restrictions coming into place will be published online at www.coronavirus.vic.gov.au from 11:59 pm on 25 February.

‘Historic moment’: India wins bid to host 2023 International Olympic Committee session

Image source: IOC Session 2022 - Screenshot.

India will host the 2023 International Olympic Committee’s (IOC) session in Mumbai after successfully bidding for it at the 139th IOC session in Beijing, China.

Nita Ambani, the first woman representative from India on the committee, described it as a significant development for the country’s Olympic aspirations.

“This will be a significant development for India’s Olympic aspirations and will herald the start of a new era for Indian sport.”

IOC session is the annual meeting of the members comprising 101 voting members and 45 honorary members.

Union Minister for I&B and Youth Affairs & Sports, Anurag Thakur, tweeted calling this a “historic moment.”

This meeting will decide on the key activities of the global Olympics movement including adoption or amendment of the Olympic Charter, the election of IOC members and office bearers and the election of the host city of the Olympics.

The Indian delegation also comprised of Indian Olympic Association (IOA) President Narinder Batra, Sports Minister Anurag Thakur, and India’s first individual Olympic gold medallist Abhinav Bindra were part of the Indian delegation.

It is reported that Mumbai received a historic 99% of the votes in favour of its bid from the delegates participating in the process.

Image source: Anju Bobby George – Olympics.

Former Olympian and 2004 Padma Shri awardee Anju Bobby George told Republic TV:

“It means a lot for our Indian sports. And it is not only for the development of our sports. It is a collective thing actually – in tourism, in sports, in business.

It will be a big jump in India, and the entire world would be looking at our country. It will be a stepping stone to us bidding to host Olympics in coming years.”

This will be the second IOC session in India. The country last hosted an IOC session in 1983 in New Delhi.

Indian Comedy in its own style with no language barriers

Natraj Drama Festival; Image Source: Supplied

Indian Diaspora in Perth was enthralled with a play that was presented in three different languages.

A Comedy Drama Festival (Natraj Drama Festival) was organised in Perth on January 22. An adapted version of “Charlie’s Aunt”, an English play was written by Brendon Thomas, was presented in three different languages Gujarati, Marathi and Hindi.

The drama festival represented unity in diversity and brotherhood of the multicultural Indian community. The event brought all the Indian community together irrespective of language, culture and values.

The Natraj Productions is the brainchild of Prashant Tupe.

The storyline of the play “Buntie ki Auntie”:
Four college friends Buntie, Raju Thusa, Pappu and Vikram (Vicky). Buntie, Raju and Pappu are sharing a big house they have rented. Raju’s uncle Colonel Jagjeet Thusa is an ex Indian Army man now settled in Karatha. Her Highness Kanaklakshmi Queen of Aalur (MP) India is Buntie’s Auntie. Since both are financially supported by their respective Uncle and Aunt they have no shortage of money.

They are living a lavish life and more interested in parties, enjoyment and less focused on studies. Whereas Pappu is their junior and sincere. Pappu is sharing the house with lesser rent on the condition that he will do all the house chores.

Buntie’s aunt, the queen of Princely state Aalur, is coming to Perth on a special invitation by the Consulate General of India Perth office as a cultural ambassador to attend a conference. She decides to visit Buntie as well who she has not seen for many years.

So Buntie and Raju call their girlfriends (Reena and Tina) from their neighbourhood to give her company but at the last minute the aunt’s visit is cancelled and Vicky, (Vicky is Pappu’s cousin who is quite Senior to boys and is an aspiring actor, still struggling to get a good break) who is playing a female part for a theatre group is coaxed by his two friends to become Buntie’s aunt.

What follows is a fun-filled drama with Raju’s uncle Colonel Jagjeet Thusa and the girls’ uncle Raobahaddur Bagga proposing to Auntie and the arrival of the real Auntie Her Highness Queen Kanaklakshmi of Aalur alias Vijaya and a Public Officer from Consulate General’s office Ms Sandhya who happens to be Vicky’s girlfriend.

The storyline was the same for Gujarati and Marathi only the characters names were different.

Well, known theatre personality Rohini Hattangadi also described the play as well directed. She appreciated the efforts of Prashant Tupe.
The music in the play has been given by Ashok Patki, known for his “Mile Sur Mera Tumhara”.

Prashant established Natraj Productions Australia, a Perth based organisation for theatre and entertainment enthusiasts. The mission of the organisation is the desire to give back to the community by arranging events for social causes. Through Natraj productions, Prashant is continuously bringing new subjects on stage for the Western Australian audience.

Prashant Tupe, a resident of Perth since 2006, was born and brought up in India. Though he is an engineer by profession he also has a passion for acting and theatre.

He has produced, directed and acted in different Indian languages such as Marathi, Hindi, Gujrati etc.

BY Surabhi Gupta: A journalist with 15 years experience at Press Trust of India and Times of India. She has a proven hold on Indian and Australian news and a special heart for all things Astronomy and Archaeology.

Market Mantra: ASX records third straight weekly gain on strong earnings

Representative Picture; Market @Canva
Representative Picture; Market @Canva

Buoyed by strong earnings in blue-chip stocks Australian shares rose for the third week in a row. Global worries about a potential Russian invasion of Ukraine however took away some shine from the equities market as it sent the Australian share market down by 1% on Friday.

The ASX however, despite dropping 1% on Friday still managed to advance 0.1% for the week. Buoyed by CSL’s excellent profit performance health stocks were the best performer for the week.

The tech shares however continued to lose ground as Nasdaq extended its plunge and investors looked for safer havens. The Nasdaq composite index in fact produced a death-cross chart pattern on Friday night for the first time in two years.

A death cross appears when the 50-day moving average crosses below the 200-day moving average. An event that many technical analysts view as marking the spot a shorter-term correction morphs into a longer-term downtrend.

The occurrence of death cross on Nasdaq signals more pain ahead for technology stockholders in the near short term.

Market-Mantra-Nasdaq
Market-Mantra-Nasdaq

Shares in ZIP were particularly hit hard, falling to their yearly low last week. Zip shares are now down more than 80% from their highs almost a year ago. The BNPL sector has continued to face crunch as banks prepare to raise interest rates and regulatory concerns mount.

There was also little respite for miners last week as shares slid after China’s benchmark iron ore futures declined for four straight sessions on fear of government intervention.

Also in the decline was shares in Origin energy which declined heavily as investors digested the news that it was going to close Australia’s biggest power plant, Eraring, many years earlier than planned.

With the threat of conflict brewing between Russia and Ukraine, gold prices rallied this week as investors flocked to safe-haven commodities. This provided a tailwind for ASX listed gold producers such as Bellevue Gold, Silver Lake Resources, Northern Star Resources. The gold stocks stood tall all week to offset weakness from the tech sector.

The biggest impact on the share market last week however came from CSL which had a stellar week. The company’s half-yearly results were better than expected and CSL’s influenza vaccine division had a bumper half, ensuring group revenue lifted.

Treasury Wines and NRW Holdings also rallied on strong half-yearly 22 results. NWH was not only able to reduce debt by more than $130 million but also lifted its interim dividend by 37%, thus delighting its shareholders.

Image source: Big Four OZ banks - Wikipedia.
Image source: Big Four OZ banks – Wikipedia.

Reporting season was also friendly to Magellan, which not only beat profit expectations but went on to announce higher dividends for shareholders, Orora, Bendigo & Adelaide Bank, SG Fleet Group and JB Hi-Fi.

Moving ahead military action or otherwise around the Russia-Ukraine border will be the main driving force for markets during the week. Traders will also be looking at wage rise statistics.

It is expected that the Wage Price Index to be released on coming Wednesday by the Australian Bureau of Statistics will show a 2.5% rise in wages for the year, which is short of the 3% target eyed by the Reserve Bank of Australia.

The US estimates of economic growth and inflation, released on Thursday and Friday will also be a focus for markets during the week.

Continuing profit reporting season will also play a big role in direction of the Australian share market during the week with reports from Blue Scope Steel, Rio Tinto, Seven Group, Cochlear, Woolworths, Nine entertainment, Qantas, Medibank and Coles all coming out.

Gold recorded its best week in nine months as mounting tensions between Russia and the Western World over Ukraine lifted bullion’s safe-haven appeal.

One of the deepest crises in post-Cold War relations is playing out in Europe with Russia wanting security guarantees including Ukraine never joining NATO, and the US and its allies offering arms control and confidence-building measures.

While many Western countries including the USA are adamant that the military build-up on the Ukraine border by Russia is continuing ahead of a possible assault, Russia has been accusing the West of hysteria.

Escalating tensions between Moscow and Western countries over Ukraine and the possibility of sanctions on Russia could impact supplies of key commodities produced and exported by Russia, including gold.

Gold; Image Source: @CANVA
Gold; Image Source: @CANVA

Having said that, even though gold looks extremely positive heading into the week we expect that the US-Russia meeting slated for this week will likely keep a lid on gold gains. US secretary of state Antony Blinken agreed to a meeting with Russia’s foreign minister Sergei Lavrov, boosting hopes of an end to the standoff.

We may see gold range trade between $1870 and $1902 this week as traders wait for the result of talks between Russia and the US over the Ukraine crisis. Having said that if the tensions continue to escalate we may see the yellow metal rally all the way to $1950/ounce.

Oil prices ended the week mixed with London Brent Crude gaining 0.9% for the week, recording their ninth straight weekly rise as investors weighed a supply disruption resulting from the Russia Ukraine crisis, while WTI Crude falling 1.7% for the week, snapping their eight-week rally as traders collect profit ahead of President Day holiday on Monday in the US.

Fears over supply disruptions resulting from the Russian military presence at Ukraine’s borders help offset the loss from prospects of easing oil sanctions against Iran. The West has threatened Russia, a top gas and oil supplier, with strong sanctions if it attacks Ukraine, Russia on the other hand denies planning any attacks.

Looking ahead despite Italian Prime Minister Mario Draghi stating that any sanctions that may be imposed on Russia by the European Union should not include energy imports, we expect oil prices to rise on Monday following comments from US President in after-hours that he was convinced Russian President Vladimir Putin had made a decision to invade Ukraine in coming days.

Underpinned by Australia’s re-opening after a long period of restrictive measures and significant dropping of COVID cases nationally, the Australian Dollar recorded its third straight weekly gain.

Australian-Dollar; Picture Source: @CANVA
Australian-Dollar; Picture Source: @CANVA

Rising gold prices also helped the Aussie, making it the best performing currency of the past week. Many analysts believe that tensions in Eastern Europe could in fact be beneficial for the Australian Dollar via the terms of the trade route.

If Russia were to invade Ukraine, it is expected that strong sanctions from G7 nations on Russian exports should soon follow. Such sanctions would in return have a serious impact on the supply of several commodities in the global markets.

Russia is the world’s biggest exporter of natural gas and wheat, the second-largest exporter of oil, and also a major exporter of a lot of minerals including a lot of iron and gold.

If other countries decide to penalise Russia with sanctions it is expected to push up the price of goods that Australia exports. As such fighting in Ukraine might well be beneficial for the currency Down Under as long as it doesn’t impact the Chinese housing market negatively.

The Indian Rupee on the other hand remained subdued as high crude oil prices along with a wider monthly trade deficit impacted the Asian nation.

The latest official data showed that India’s trade deficit widened by 20.23% on a year-on-year basis to $17.42 billion in January 2022.

The $18 billion per month trade deficit is expected to keep strength in Ruppe in check. Inflation is also expected to be sticky with domestic fuel prices awaiting a big hike. The price of Brent Crude has hovered above $91/barrel all week. India has an 80% dependency on oil imports.

Foreign portfolio investors withdrawing from Indian markets have also further subdued the Indian currency. FPI’s have withdrawn Rs 18,856 crore from the Indian market in February so far amid geopolitical tensions and chances of a rate hike by the US Federal Reserve.

Moving on to digital currencies, Bitcoin dropped more than 6% last week as the standoff between Russia and Ukraine continues to spook investors globally. Bitcoin briefly rallied to $44,500 mid-week before escalating invasion fears affected financial markets. BTC is now trading below the psychological level of $40,000.

Bitcoin’s price movement also impacted other major crypto assets. Ethereum shed nearly 8% this week to trade around $2,600 level at the time of writing the report. In fact, all the top 20 cryptocurrencies except Avalanche declined for the week. Avalanche recorded a 3% rise on the weekly timeframe.

Bitcoin; Picture Source: @CANVA
Bitcoin; Picture Source: @CANVA

Moving ahead the crypto markets look very uncertain over the next few weeks as Russia-Ukraine border tensions continue.

In agricultural products, the grains market continued to rally as grain traders try to determine if or when Russia may invade Ukraine. Russia is the world’s largest exporter of wheat and there are serious supply concerns if Western nations were to put sanctions on Russia.

Corn and soybean too rallied despite improved weather in Brazil and Argentina as the Bidden administration announced that Russian aggression was imminent. The threat of war between Russia and Ukraine continues with the Russian military announcing massive nuclear drills.

Author: Ateev Dang is a trader and trading coach by profession. He runs a business called Glow trades Pty Ltd where he teaches anyone who is interested in starting their trading journey how to trade. He can be contacted at adang@glowtrades.com.au.

Surging Cyberbullying: Social Media the Breeding ground

Image source: cybersecurity - Wikipedia

Social media (examples Facebook, Snapchat, Twitter, Tik Tok, Instagram and other platforms) and digital forums have transformed the world to connect to half of the world by just by the click of a button, but it also led to a rise in anxiety and depression in the form of mental, emotional issues, psychological and physical effects due to Cyber Bullying.

In extreme cases, it may even lead people to commit suicide. This kind of bullying happens via the use of digital technology such as mobile, computer and communicative devices. Cyberbullying in social media refers to uploading or posting derogatory, harmful, spreading false material, rumours and content about another person, organisation or community.

Impersonation, cyberstalking, dissing, flaming, harassing, exclusion, trolling, catfishing, outing and harassment are considered some ways of cyberbullying behaviour.  It also includes disclosing private or personal information about others that may cause humiliation.

The objective is to frighten, enrage or shame, guilt, social isolation, depression, loneliness and fear among the individuals who are targeted; these victims become vulnerable on social platforms.

During the course of cyberbullying on social media, it may attract unwelcome attention from the broad spectrum of individuals where many are strangers and many involve in this unethical practice, mostly done anonymously to avoid retaliation or known as “behind-the-scenes bullying”.

They troll in the forums, share inappropriate text or photos, online spread rumour and create panic. One has to accept that cyberbullying has become a terrible reality of today’s world and one has to get aware and tackle it successfully. 

Recently examples of cyberbullying include spreading rumours on social media have been buzzing that Fiji’ PM health has deteriorated after undergoing heart surgery at a Melbourne hospital recently (Anthony, RNZ. 4 Feb 2022); Minister of Fiji who has gone for overseas medical treatment, Tiktoker charged with two counts of causing harm by posting electronic communication and granted bail on condition to stay away from social media for 2 weeks. (Nasokia, Fiji Sun, 2 Feb 2022).

Authorities are also making serious efforts to nab these cyber perpetrators and bring them under the ruling of law (Prakash, FBC News, 3 Feb 2022) and Online Safety Bill (2018), with other measures, are in process or being implied.

Image source: ACER.

Australia’s Online Safety Act was passed in July 2021 that has allowed people to report cases of online bullying in the country to the eSafety Commissioner and have a provision that “if the content or post is not removed within 24 hours, a fine of up to 500 penalty units will be applied — for individuals, up to $111,000 and for organisations up to $555,000” (Falor, The Indian Express).

Authorities have repetitively appealed the parents and guardians to be more vigilant to monitor their children online activities on social media, as they are most vulnerable. The unsupervised and unrestricted online activity of the children can land up into problems.

Digital footprint/Online Footprint: Leave trails forever

There are ethics and protocols to behave in social media, but many involve in cyberbullying cross this limit by posting nasty and harmful messages. This behaviour not just ruins the online reputation of the person involved but also put the commenter’s online reputation at stake. These comments become a permanent and public record that is available forever if not reported or erased.

The digital footprint left behind due to cyberbullying is an area of research where scholars analyse the examples of cyberbullying to curb these abuses. These digital footprint trails are created by every single click or post one made leaves its traces online. The post made on social platforms is on the world wide web that possibly remains there forever.  As every online user is assigned an Internet Protocol (IP) address by their Internet service provider, that is unique and register the online sessions. The information of these sessions may be saved with or without the person’s awareness that is using the services. 

Image source: Digital landscape – Wikipedia.

In social media, safety measures are put in place to review the abusive and bullying behaviour, but better it should be identified immediately and reported in a timely manner. Self-protocols need to be realized before posting anything on social media, it may not hurt the feelings of others. The digital footprints of posting anything would stay online forever and may be used to harm the bullied or cyberbullies. These are shared widely and spread in an uncontrolled manner that has huge ramifications.

Conclusion: Mindful Cyber posting

One has to be responsible for one own deed as it is not possible to ‘undo’ when one post online. Adults and students alike must understand the limitations and obligations that come with living in a digital environment. Authorities have the means to catch cyberbullies by tracing their digital footprints. It is advisable to keep personal information to oneself to avoid the risk of being bullied online. Hence, be mindful when you make a click for your new post. One needs to create a positive online reputation by posting progressive and rational posts to maintain respect among followers and online users. 

Author: Dr Sakul Kundra is an assistant professor in history and Acting Head of School, School of Arts and Humanities, College of Humanities and Education, at Fiji National University.

Dr Sakul Kundra; Picture Source: Supplied
Dr Sakul Kundra; Picture Source: Supplied

Disclaimer: The views expressed are his own and not of The Australia Today or his employer. For comments or suggestions, email. dr.sakulkundra@gmail.com

2008 Gujarat bombings: Indian court sentences 38 terror accused to death

Image source: Shri Narendra Modi and Shri Manmohan Singh - PTI.

A special court in India has sentenced 38 people to death for a deadly terror attack and bombings in the city of Ahmedabad, Gujarat, on 26 July 2008.

Further, Judge A. R. Patel also sentenced 11 people to life imprisonment in this case and acquitted 28 others for lack of evidence.

He also ordered to give compensation of 100,000 rupees (AUD1900) each to families of the victims.

According to the police, in this terror attack up to 20 bombs were set off across the city in hospitals, shopping centres and parks, leaving 56 dead.

This terror attack was a continuation of burning of train packed with Hindu pilgrims that killed 60 passengers in Godhara. 

Two Islamist terror organisations, the Indian Mujahideen (IM) and Harkat-ul-Jihad-al-Islami, claimed responsibility for the attack.

IM is well-known faction of the banned Students Islamic Movement of India (SIMI) which is a group of young extremists who had declared jihad against India.

However, the Gujarat police and investigators believed that a nationwide network of radical Islamist groups were involved in the blasts.

India’s present Prime Minister, Shri Narendra Modi, who was then the Chief Minister of Gujarat, was also a target of these terrorists.

In 2013, Indian authorities claimed to have foiled an attempt by some of the accused to tunnel their way out of jail.

Arvind Patel, another prosecutor, told reporters that the judge described the case as the “rarest of rare.”

The last people to be hanged in India were the 4 accused in the 2012 Nirbhaya rape case in 2020.

This is the first time that so many terrorism accused have received death sentences in a single case. This sentence will now be confirmed by a higher court.

Site secured for a new multi-million-dollar community hospital in Melbourne’s West

Image source: Point Cook Community Hospital site - Wyndham TV.

Daniel Andrews Labor Government has secured a site for the new Point Cook Community Hospital.

Image source: Point Cook Community Hospital site – Wyndham TV.

Minister for Health Martin Foley, Member for Altona Jill Hennessy and Member for the Western Metropolitan region Ingrid Stitt today announced that a parcel of land at 140 Dunnings Road, Point Cook, has been secured for the new multi-million-dollar facility.

Image source: Ingrid Stitt, Member for Western Metropolitan – Vic Gov.

According to Ingrid Stitt, Member for Western Metropolitan, this “will give families in Wyndham peace of mind that help is just around the corner when something is not quite right or when a loved one gets sick.”

This hospital will be operated by Western Health and will be a small public hospital providing a range of integrated community health and specialist services including urgent care for minor injuries and illnesses, day surgery, paediatric services, dialysis and mental health services.

According to the government, this new hospital will take pressure off nearby major hospitals – allowing them to focus on critical care and acute health issues, emergency care and more complex surgeries and procedures.

Image source: Jill Hennessy, Member for Altona – Vic Gov.

Jill Hennessy, Member for Altona, says:

“This will be a small public hospital with services tailored to meet the needs of our community. It will take pressure off the nearby Werribee Mercy emergency department and provide better access to a range of everyday health services for people who are not critically unwell, close to home.”

In addition, it will have strong links to specialists, community health providers and social support services will improve follow-up treatment and support for those requiring complex care.

It is reported that the Labor Government’s Community Hospital Program will create an estimated 1,900 jobs during planning and construction and deliver more than 1,000 healthcare jobs once completed.

The Labor Government has made more than $133 billion in health care funding since coming into office.

Image source: Victoria’s Minister for Health Martin Foley – Vic Gov.

Victoria’s Minister for Health Martin Foley says”  

“The Labor Government is getting on with delivering the largest pipeline of health projects in Victoria’s history including in Point Cook, so Victorians can access the care and services they need, no matter where they live.” 

As per the announcement, this hospital is one of 10 new community hospitals in major growth areas funded as part of a $675 million investment by the Labor Government.

Once complete, the ten community hospitals will have the capacity to treat at least 114,000 more urgent care patients, 55,000 dialysis treatments and enable more than 100,000 additional allied health sessions each year. 

The final designs for the Point Cook Community Hospital are expected to be released in late 2022, with construction due for completion in 2024.

Australia-India join hands to reduce cost of new and renewable energy technologies

Image source: The Hon. Angus Taylor - Twitter.

Australia and India have joined forces under a new low emissions technology partnership agreement.

This will help drive down the costs of new and renewable energy technologies in both nations.

The Letter of Intent on New and Renewable Energy Technology was agreed to by the Minister for Industry, Energy and Emissions Reduction Angus Taylor and the Hon Minister of Power and New and Renewable Energy Raj Kumar Singh, during the fourth India-Australia Energy Dialogue.

This agreement recognises that both nations want zero emissions technologies to be cost-competitive with higher emitting alternatives.

Image source: The Hon. Angus Taylor – Twitter.

Minister Taylor said the partnership reflects both government’s commitment to working with like-minded partners on low emissions technologies. 

“More than 90 per cent of solar cells globally use Australian technology. Over the next 10 years, India will be one of the largest adopters of solar technology in the world and Australian innovators are exceptionally well-placed to tap into this market.”

Ultra-low-cost solar and clean hydrogen technologies are priorities under Australia’s Technology Investment Roadmap.

Minister Taylor said:

“We will work together with our close friends in India to advance these priority low emissions technologies, to strengthen industry and research links between our countries and unlock new economic opportunities. At the same time, we will continue to be a trusted supplier of coal and other traditional resources commodities to India.”

The Letter of Intent is part of the Morrison Government’s $565.8 million commitment to support new international partnerships that make low emissions technologies cheaper and drive investment in Australia-based projects to create up to 2,500 jobs. 

Image source: Dr Alan Finkel AO – Aus Gov.

Dr Alan Finkel AO, Special Adviser to the Australian Government on Low Emissions Technology, said:

“International collaboration has a key role to play in deployment of technology, unlocking private investment and building diverse and resilient supply chains. Australia is working with key partner countries to help accelerate this effort.”

The latest Letter of Intent builds on partnerships already entered into with Germany, Singapore, Japan, the Republic of Korea, and the United Kingdom. 

Both Australia and India will also continue to collaborate through the Quad, G20, UNFCCC and the International Solar Alliance on the development and deployment of low emissions technologies in our region and across the globe.

The agreement follows the meeting between Prime Minister Scott Morrison and India’s Prime Minister Narendra Modi in the margins of QUAD discussions held in Washington DC in September 2021, where both leaders committed to progress a partnership.

PM Scott Morrison and Indian PM Narendra Modi in Chat: Picture Source: @PIB
PM Scott Morrison and Indian PM Narendra Modi in Chat: Picture Source: @PIB

Great news for Australian farmers; India reduces lentils tariff to zero

Image source: Grain Producers Australia

Indian government has announced that it would reduce the tariff on lentils to zero from 11 per cent while the prohibitive 66 per cent tariff on chickpeas will remain as it is.

In 2016-17,  2016/17, chickpea exports to India were valued at $1.14 billion and lentils were worth $196 million.

Soon, India added a new tariff on Australian chickpeas and lentils thus creating financial consequences for Australian farmers.

According to the Department of Foreign Affairs and Trade before the introduction of the tariff India was the world’s largest customer for lentils.

Grain Producers Australia chair, Barry Large told Farm Online that this move would help Australian growers capture more value for their product.

“The reduction of this tariff now is a welcome, positive step towards rebuilding trust and confidence in this important export market, to help optimise this high-value crop’s potential.” 

This year, Australia’s farmers have recorded a good grain harvest.

Grain Growers chief executive Dave McKeon told ABC that he hoped the negotiations would create an opportunity to better conditions for Australian farmers.

“We need to have an innovative and forward-focused approach to avoid unnecessary trade barriers into the future.”

It is expected that many Australian farmers would have lentils ready to trade into the Indian market.

This reduction in tariff would definitely benefit the Australian farmers and Indian consumers who are looking forward to quality products.

Grain Producers Australia spokesman Andrew Wiedemann told ABC that it was great news for Australian farmers.

“I don’t think you couldn’t wipe the smile off my face, knowing how much this is going to mean to the Australian economy, particularly in agriculture.”

Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles and Australia's Dan Tehan MP, Minister of Trade, Tourism and Investment; Image Source: @PIB
Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles and Australia’s Dan Tehan MP, Minister of Trade, Tourism and Investment; Image Source: @PIB

This decision to reduce tariff comes days after meeting between the trade ministers of India and Australia.

The Hon. Dan Tehan has visited India as part of negotiations for a free trade agreement.

This new decision, effective immediately, was announced over the weekend and experts believe that it could unlock millions of dollars of value for Australian lentil exporters.

‘You F…… Indians get out’: Family beaten in an alleged racist attack outside Melbourne hotel

Image source: Mr Balm - 9News Screenshot.

A Melbourne family was bashed and told to “get out of the country” in an alleged racist attack at the car park of Lynbrook Hotel.

It is reported that the attackers targeted Mr Lynn Balm’s brother and sister-in-law, Keith and Jacqueline Prakasham.

When Mr Balm, 54 yo, stepped in to to protect them, he was also severely bashed.

Jacqueline Prakasham told media that she was getting out of the car when the alleged racist abuse was hurled at her.

“Straight away he said: ‘you f…… Indians, you f…… Indians get out.'”

Mr Balm was allegedly beaten badly with punches and kicks outside the hotel. He told 9News:

“They scuffed me on the ground and started punching me, kicking me on my ribs.”

He further alleged that the attackers said:

“Get out of this country, you don’t belong in this country. My sister-in-law, poor thing – she’d been hit and pushed. That’s why I came to pull him out from her.”

Mr Balm was left with serious facial injuries that required stitches and an overnight hospital care at the hospital.

Mr Balm’s niece Kerri Prakasham shared photos of the alleged attacker on social media.

Ms Prakasham wrote:

“This isn’t the first or the last time a racial attack will be made against an Indian person — or even a person of colour. I just never in my life thought that it would hit this close to home.”

Despite their ordeal, the family’s message to their alleged racist attackers is “we are all one” and race does not matter.

Mrs Prakasham says:

“We don’t want any harm to come to you … but, learn a lesson, treat everyone equally.”

Victoria Police are speaking to a 29-year-old man from Clyde North in Melbourne’s southeast in relation to the attack and are not looking for anyone else at this stage.

Truth behind Safer Communities Grants and Minister’s interventions: Fire-bombed Temple, Vandalised Church and Robbed Gurudwara

Assistant Safer Communities Minister Jason Wood; Image source: The Australia Today
Assistant Safer Communities Minister Jason Wood; Image source: The Australia Today

Australian National Audit Office has tabled an audit report of the safer communities fund which was delivered by the then Minister of Home Affairs Peter Dutton.

Australia’s first TSOC Coordinator

This was the audit of the award of funding under the Safer Communities Fund (Rounds 1 to 5).

The Safer Communities Fund program implements a 2016 election commitment of the Liberal government.

This program aims to improve security, reduce street crime and violence, and improve perceptions of community safety, thus leading to greater community resilience and wellbeing.

In its report, ANAO says, that there was no trend evident in terms of projects in electorates classified as Safe, Fairly Safe or Marginal.

It adds that this funding is most likely to have been approved in aggregate across the five open and competitive selection processes.

Such selection was conducted under the Safer Communities Fund and it is reported that any electorate information about potential grant recipients was not part of the selection criteria.

Image source: Kristina Keneally – Wikipedia.

In February 2021, the opposition’s home affairs spokesperson, Kristina Keneally levelled allegations of serious irregularities in the awarding of grants.

Ms Keneally wrote a letter to Grant Hehir, Auditor-General for Australia requesting him to consider examining the handling of the safer communities fund.

What was the issue with the grants allocation:

As per the letter written by Ms Keneally to ANAO, her allegations were based on documents obtained by the ABC under the Freedom of Information Act 1984, which included:

  • An arbitrary reduction in funding to 19 organisations recommended for funding by officials who had undertaken a merit-based assessment process consistent with the Commonwealth Grant Rules and Guidelines and the Public Governance, Performance and Accountability Act 2013.
  • A re-prioritisation of other grant recipients based on undisclosed criteria with no apparent regard for the outcome of the merit-based assessment process undertaken by officials.

So, what happened to the funding reduced from those 19 organisations recommended by officials and who were the recipients based on ‘undisclosed criteria’?

Case No 1:

Meet Biren Joshi, Director of Swaminarayan Mandir Vasna Sanstha (SMVS) Australia.

This SMVS Australia temple is one of the religious institutions based in the western suburb of Melbourne Tarneit (Address: 435 Davis Rd, Mount Cottrell, VIC 3024), who were recipients of this grant with the Minister’s intervention.

The Undisclosed criteria for Ministers intervention were:

The Temple has been targeted with vandalism and attacks damaging the property more than 10 times in the last 3 years. As a result of these attacks, there was a feeling of fear among community members who are concerned over the safety of their kids who attend the centre for religious and language learning.

Details of Incidents:

  • Temple has been gas bombed twice.
  • Fire has been lit in the main electrical switch board at night.
  • Robbed, vandalized, and broken into more than 10 times.
  • Ute was driven through the main wall of Temple damaging all the religious worship items.
  • Temple main entrance huge metal gate cut using metal cutter and stolen.
  • Temple regularly faces risk of attack, harassment or violence stemming from racial & religious intolerance.


  • Temple applied for Safer Communities Grant with detailed proofs, police reports and evidence and got rejected by the department.
Federal Assistant Minister for Multicultural Affairs Jason Wood; Picture Source The Australia Today
Federal Assistant Minister for Multicultural Affairs Jason Wood; Picture Source The Australia Today

After Assistant Minister for Safer Communities, Jason Wood’s intervention Temple received a grant amount of $450,000.

This funding means Temple congregation members can worship in peace and Temple can provide a safe place for families to practice faith.

Probably, Minister Wood shouldn’t have helped this Temple as there was no direct or indirect Political benefit to him or his party. This Hindu temple comes under the Federal Electorate of LALOR which is a safe seat of the Labor party with an almost 17+ per cent margin.

Image source: Joanne RYAN.

Ms Joanne RYAN is a Member of Parliament for Lalor who has visited the Temple once 4 or 5 years ago and recently once for a Diwali function.

Biren Joshi told The Australia Today, “We applied for the safer communities grant with all the proofs and police reports, only to be rejected by the department.”

“We did not understand why our application was rejected and then requested Minister Jason Wood’s office to help us protect our patrons.”

Mr Joshi says, “On our invitation, Minister Wood visited our Temple and heard the concerns directly from the members of our congregation. Our congregation members explained how fearful they were to attend religious worship in the evening as they are concerned and fearful for the safety of themselves and their children.”

Mr Joshi further added:

“We are thankful to the Federal Government and to Assistant Minister Jason Wood for listening our issues and for approving our application for the funding.”

Since then, SMVS Australia Temple has been able to build a fence around the property, are in process of upgrading security infrastructure including the installation of security lights around premises.

They hope to see in the future more such programs to provide a safe place of worship is approved without any bureaucracy.

If anyone still doubts attacks and vandalism on this Hindu Temple, They can go to Werribee and Tarneit police station where details of these acts are available. Anyway, the local MPs (Labor Party) were aware of the incidents and have provided letters of support for the grants.

Case No 2:

P.S.Dharmakufaraiah is President of TAMIL EDUCATIONAL CULTURAL & CHARITABLE ASSOCIATION (TECCA) which operates a Hindu Temple with the name “Kundrathu Murugan Kumaran Hindu Temple.”

Mr Dharmakufariah told The Australia today, “We are extremely sad and highly disappointed to understand that some politicians are implying that the Safer Communities grant we received is somewhat improper and not deserved.”

“My humble request is please come and visit our premises to get the real picture of what we went through when we had no boundary.”

Tamil Educational Cultural and Charitable Association were primarily established by Sri Lankan, Indian, Malaysian, Singaporean, Fijian and Mauritian Tamils. The main purpose of this temple is to provide cultural, and spiritual values of the Hindu faith, welcoming all to participate in religious, cultural festivals and programs.

Located in a recently created suburb called Deanside in Melbourne’s western suburbs.
Which incidentally is Labor Party’s so-called heartland.

This Hindu temple (Kundrathu Murugan Kumaran Hindu Temple) was ransacked and vandalised on three different occasions.

Their place of actual worship (Garbhgrah) was broken in, vandals destroyed the interior of the Temple and many valuable items were stolen.

All these incidents were reported to the local Police.

These horrific incidents left devotees fearful to come to the Temple after dark especially the children and females. As you may recall these grants were announced by the Federal Government on the backdrop of attacks on “Place of Worships.”

Mr Dharmakufariah says:

“We are dismayed and hard to comprehend with statement by those saying that assistant Minister intervention as a disgrace, for providing safer places of worship.”

Temple has been targeted with robbery, vandalism and attacks damaging the property more than 5 times between 2018 and 2019.

Temple members were regularly intimidated by criminals and gangs. There were incidents of dealers attempting to sell drugs to children. These intimidations, threats and attacks created fear among the Hindu community members for their families safety when they visited the Temple.

Brief Details of Incidents:

  • The Hindu community that used to attend this place of worship were constantly subject to racial/ religious verbal vilification.
  • This was often accompanied by numerous acts of littering, placement of messages with negative connotations towards Hinduism and statements of disrespect including damage to the front gate, letterbox and dumping of rubbish right in front of the entrance to sanctity.
  • When surveyed, over 90% of Temple community reported that they feel unsafe when they attend the religious site due reasons including feelings of intimidation and racial vilification from trespassers.
  • Many trespassers dispose of rubbish, harmful medical waste and construction material as frequently as 2-3 times a week throughout the entire temple premises. These incidences send a strong message of hatred towards our culture and place our community in harm’s way.
  • One particular incident involved the abandonment of a vehicle which was then incinerated. The fire spread placing the community in danger and caused much distress to the Temple community, as well a huge financial burden on the Temple members.
  • Trespassers and offenders used lurk the Temple grounds in the night, so women and children were always escorted by other Temple members to their vehicles safely to avoid any incidents against them.
  • All occasions, entry was made through the window. All occasions target was the safe and valuables. Valuables were either jewelleries and gold items in the statutes.
  • Window, main and side doors were damaged during the entry by thieves.
  • Cash till and computer systems, security systems were damaged.
  • One break in & entry to the Temple canteen and the Cash register in canteen was damagedduring robbery.
  • One occasion, garden shed with all valuable tools.
  • Temple regularly faces risk of attack, harassment or violence stemming from racial & religiousintolerance
  • Temple applied for Safer Communities Grant Round 5 with detailed proofs, police reports andevidence.

    Current Status: The Temple has built the security fencing so far covering 80% of brick wall completed. Security cameras 100% installed.
    Security lighting 95% completed.No robberies in the last 2 years since the construction and upgrade of security. This grant has helped provide a safe & secure enclosure for the Temple members.

In this case also after Assistant Minister for Safer Communities Jason Wood’s intervention Temple received a grant amount of $385,062.

Again, why did Minister Wood help this Temple as there was no direct or indirect Political benefit to him or his party?

This Hindu temple comes under the Federal Electorate of GORTON which is a safe seat of the Labor party with a large margin.

Image source: Brendan O’Connor – Vic Gov.

Brendan O’Connor is a Member of Parliament for GORTON who has visited the Temple once 10 years ago for the opening of the Temple.

Assistant Minister for Community Safety Jason Wood told The Australia Today, “Many of these places of worships have Priests and religious workers living in the premises, for them, there was always the fear of intruders who could harm them physically as well.”

Minister Wood further argued:

“It’s not the power to intervene, it’s the responsibility to serve and protect, and that’s what I did. I protected these communities from harm’s way, from robberies, vandalism, and threats.”

Ramesh Rao is a Hindu community leader in Melbourne. He told The Australia Today,

“We are dismayed with the statement by Labor spokesperson on government accountability Pat Conroy MP, Shadow Minister calling the Minister’s intervention as a disgrace, for providing a safer place of worship for the Hindus.”

Minister Wood says,

“When you see the damage to places of worship and hear first hand the fear of the congregation, that is something which cannot be written in mere words in a document and can only be experienced directly.”

“No one should be subjected to fear, let alone in their sacred place of worship, that is why the Morrison Government will always put safety and security first.”

Rishi Prabhakar is chairperson of Neighbourhood Watch Tarneit. He has been campaigning about community safety and the lack of resources in Melbourn’s West.

Mr Prabhakar told The Australia Today,

“Labor has always used Multicultural communties for their benefit, but when it comes to protecting them Labor goes absent.”

He further says, “West has been a place affected by robberies, and many of us live in fear, these Hindu Temples are some of the worst affected and still, Mr Albanese thinks they don’t deserve any protection. We invite Anthony Albanese to visit these Temples to see the issues faced by the community.”

“I have paid no attention at all as to who’s electorate it was, however, intervened with the best of intentions. I have the authority to do good for people under the commonwealth grants rules and guidelines and will not hesitate to do this all day every day,”

argues Mr Wood

In this respect Mr Wood says:

“I have no words for the lack of support demonstrated by Labor MPs who have failed to be a voice and stand up for multicultural communities in their own Labor electorates.”

Mr Rao says,

“The bureaucratic authorities may not fully understand the ground realities, grant application merits should be decided on the issues faced rather than the quality of language used to fill the applications.”

He adds, “These grants are necessary for the protection and safety of people who visit these places of worship. If Ministerial intervention has provided a safer environment to thousands of Hindus, we request the Minister to diligently intervene in all the applications with the department funding so many more can benefit in the future.”

Market Mantra: Australian shares rise for a second straight week, as US inflation worries return

Representative Picture; Market @Canva
Representative Picture; Market @Canva

Australian shares rose for a second week straight despite tumbling on Friday as inflation in the USA hit a 40-year high, leading markets to price in a more aggressive tightening cycle by the US Federal Reserve.

While the markets rallied for most of the week, a hot inflation number out of the United States was the only news Australian traders needed to sell down on Friday. The Australian shares fell by 1% on Friday thus trimming the weekly gains to 1.4%.

The hardest hit was the technology sector which dropped 2.8% on Friday as US consumer prices rose at an annual rate of 7.5%, the fastest since 1982. That backward step on Friday still left the technology index up 2%.

The banks and travel sector were the stands out sectors for the Australian market. The finance sector rallied 4% for the week on the back of some really strong numbers out of CBA and NAB. The travel stocks with the re-opening of the international borders soared with Flight Centre up 18.6%, Webjet shares rising 17.5% and Corporate Travel Management advancing by 12.9%.

Australian Banks; Reprentative picture @CANVA
Australian Banks; Reprentative picture @CANVA

Also, notable performers for the week were the big iron ore miners with BHP, RIO and Fortescue all gaining due to the rise in iron ore prices.

There was some negative company news though for the week with Magellan continuing to lose funds under management. Shares in Baby Bunting also slipped despite posting a 10% increase in revenue, 11% increase in net profit and a 13.8% increase in interim dividend to 6.6c per share.

While the share markets have shown signs of improvement and recorded solid gains in the last two weeks, we believe the high inflation numbers on Friday will be a sign of worry for the bulls and may push the prices south again for the equities market.

This week the January labour force numbers will be the biggest thing for traders to keep a watch for. Many analysts expect the numbers to show employment increased by 45,000 jobs in January. The strong job market is coaxing a lot of Australians to dip a toe in the water and it is expected that the unemployment rate could drop towards 4%, hitting a new 14 year low.

Internationally though it will be minutes from the US Federal Reserve that will dictate the market movement this week as the minutes will confirm the chance of an interest rate rise in March.

Chinese inflation numbers are also due this week, with the market expecting a bit off slow down a supply chain issues ease.

Gold prices too rallied last week, helped by a pullback in US Treasury bonds and growing inflation concerns. 

Australian Gold; Picture Source: @CANVA
Australian Gold; Picture Source: @CANVA

Spot Gold futures rallied past $1840 per ounce, their highest since late January as US 10-year Treasury yields backed off after hitting 2% for the first time in nearly three years.

Investors will now be looking out for minutes of the Federal Reserve meeting for the pace of policy tightening and signals for interest rate rises.

The overly hawkish message pushed gold prices below the $1800 mark, however, the bullion has since gradually recovered towards the levels seen at beginning of the year.

Data released by the US last week showed a spike in consumer prices and there is widespread consensus that it could increase pressure on the US Federal Reserve to take a stronger stand to fight inflation. Fed Fund Futures are currently pricing in a chance of a 50 basis points hike at next month’s policy meeting.

The gold market is currently been trading in a range between $1790 and $1860 and waiting for the lift-off from the Fed.

Oil extended its rally to the eighth consecutive week as escalating fears of an invasion of Ukraine by Russia, a top energy producer, added to concerns over tight global crude supplies.

oil price going up; Picture Source: @Canva
oil price going up; Picture Source: @Canva

Russia has amassed enough troops near Ukraine to launch a major invasion, Washington said, as it urged all US citizens o leave the country within 48 hours. Australia too closed their embassy in Ukraine while Britain also advised its citizens to leave Ukraine, thus escalating oil prices to a new seven-year high.

Trading volumes for both Brent and Crude oil spiked in the last one hour of the trading as it seemed oil traders did not want to go short on oil over the weekend.

The IEA in the meantime also warned that world oil demand may rise even more steeply this year on a strong post economic recovery.

The IEA also added however that Saudi Arabia and UAE could help to calm volatile oil markets if they pumped more crude oil. The two OPEC producers have the most production capacity. However, it seems at the moment OPEC+ nations are in no mood to increase oil production and with geopolitical concerns surrounding Russia and Ukraine oil prices are headed for US $100/barrel thus deepening inflation worldwide.

The Australian Dollar this week seems to have come under pressure from rate differentials again. The Reserve Bank of Australia continues to sit on its hand hoping that the inflation is temporary, whereas the Federal Reserve in the US is gearing up for an almighty battle to get runaway inflation under control.

Australian-Dollar; Picture Source: @CANVA
Australian-Dollar; Picture Source: @CANVA

Rate hikes look for the US with CPI hitting 7.5% this week, highest since 1982. At that time Paul Volker was the Chair of Fed Reserve and had the backing of White House administrations to rein in rising prices. Severe increases in borrowing costs at that time did eventually bring CPI under control but came at a cost of two recessions.

Ultra-loose monetary policy since 2008 has the US-facing same prospects as then. With inflation entrenched in the US and widely believed that the US has reached full employment, it seems a rate hike is coming in the US but not for a while in Australia.

This is supportive of US Dollar and the disparity in interest rates could see the Aussie go lower.

The Indian Rupee too suffered this week falling to a six week low as RBI announced a super dovish policy on Thursday and high oil prices continued to weigh in on the Indian currency.

High Crude oil prices worsen India’s external position as the Asian nation imports 80% of its crude oil requirement. With oil prices gearing towards $100/barrel the Rupee could come under more pressure in the coming days.

Moving on to digital currencies, Bitcoin has somewhat recovered coming into the month of February. The cryptocurrency dropped below $33,000 in the final week of January and started February trading around $38,500.

Last week the largest digital currency closed at around $41,000. From there it continued to rise to hit as high as $45,500 when inflation numbers in the US sent shivers in the crypto market making Bitcoin lose out on all weekly gains to trade around the $41,750 mark at the time of writing the report.

Bitcoin; Picture Source: @CANVA

The late drawdown last week was enough for crypto market sentiment to take a fresh hit with Ethereum also dropping below $3000. The performance of other coins was also poor with Binance Coin, Shiba Inu, Dogecoin, Stellar, Cardano, Avalanche, Polygon, Ripple, Solana, Terra, all trading lower compared to the same time last week.

In agricultural products, soybean futures rallied for the fourth consecutive week. Soybean futures have now rallied more than 15% in the past four weeks as severe drought in Brazil and Argentina have curbed production and underpinned suppliers.

Dry weather in recent weeks also boosted the price of wheat and corn with wheat gaining half a per cent for the week and corn rising by 3%.

Author: Ateev Dang is a trader and trading coach by profession. He runs Glow trades Pty Ltd where he teaches anyone who is interested in starting their trading journey how to trade. He can be contacted at adang@glowtrades.com.au.

Disclaimer: 

The writers’ opinions in the above article are their own and do not constitute any financial advice whatsoever. Nothing published by The Australia Today constitutes an investment recommendation, nor should any data or content publication be relied upon for providing any investment activities.

We strongly recommend that you perform your own independent research and/or speak with a financial advisor or qualified investment professional before making any financial decisions.

India and Australia signed MoU to make ‘Visa’ easy for travel, tourism and education

Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles and Australia's Dan Tehan MP, Minister of Trade, Tourism and Investment; Image Source: @PIB
Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles and Australia's Dan Tehan MP, Minister of Trade, Tourism and Investment; Image Source: @PIB

India and Australia have signed a Memorandum of Understanding (MoU) on Tourism cooperation in the field of Tourism on 11th February 2022 in New Delhi.

Australia’s Minister of Trade, Tourism and Investment Dan Tehan MP and India’s Minister of Commerce & Industry, Consumer Affairs, Food & Public Distributions Piyush Goyal signed the MoU in New Delhi.

The purpose of the Memorandum of Understanding (MoU) in the field of tourism is to enhance cooperation and encourage the expansion of bilateral relations in tourism. 

The MoU will facilitate the exchange of information and data related to tourism, Cooperation between tourism stakeholders, particularly hotels and tour operators, Cooperation and exchanges between training and education providers in tourism and hospitality.

Investment in the tourism and hospitality sectors, Visits of tour operators and wholesalers, media and opinion makers, High quality, safe, ethical and sustainable tourism development, Interest in major cultural, artistic and sporting events, Opportunities for traveller education on applicable laws, rules and instructions in each other’s country and enhanced tourism engagement in multilateral fora.

Australia is one of the most important tourism generating markets for India (ranked 4th in terms of foreign tourist arrivals to the country in 2019 and contributing 3.4% in the total tourism share of foreign tourists in the country). The signing of a Memorandum of Understanding with Australia will be instrumental in increasing tourists’ arrival from this important source market.

India and Australia had previously signed a Memorandum of Understanding on tourism cooperation in the field of tourism on 18.11.2014.  Under the framework of the said MoU three, the Joint Working Group meeting on tourism between India and Australia was conducted. The above Memorandum of Understanding had expired in the year 2019. 

The MoU facilitated the promotion of tourist traffic between the two countries. The number of Australians visiting India has increased consistently in the last few years.

In 2016, there were 2,93,625 Australian tourists who visited India which increased to 3,67,241 in 2019.
The Number of Indians who visited Australia also increased consistently from 2,62,250 to 5,89,539 in 2019. 

From 27th November 2014, India is offering Electronic Tourist Visa to the citizens of Australia.

Presently, the Indian Ministry of Tourism has MoUs with 45 countries.

The present MoU between India and Australia in the field of Tourism is expected to give a fillip to tourism promotion post-pandemic between two countries.

India and Australia plan to finalise a ‘Dil Chahta Hai’ Free Trade Agreement

Minister Dan Tehan and India’s Minister Piyush Goyal have also announced reaching an understanding of the Interim Trade Agreement and finalising it in the next 30 days.  

The Australia-India Comprehensive Economic Cooperation Agreement (CECA) is expected to be concluded in 12 months thereafter.

Image source: Shri Goyal addressing a joint press conference along with his Australian counterpart the Hon. Tehan – Twitter.

Both parties agreed that the CECA would be a substantial opportunity for both economies and a significant moment in the India-Australia bilateral relationship.

Ministers highlighted the need for a balanced trade agreement that encourages expanded trade and investment flows to the benefit of both of the economies, and reflects a shared commitment to the rules-based international trading system.

They also agreed to expeditiously resolve tax-related issues faced by Indian software firms in Australia.

Responding to a question, Indian Minister Goyal said that Quad has brought the four countries, viz. USA, India, Australia and Japan closer and this had also enabled India and Australia to come closer to each other in economic relations as well.

Minister Dan Tehan also announced that on 21st February, Australia would be open to travellers from all over the world and extended his invitation to Indians to visit Australia.

The Minister opined that as a result of MoU, the tourism flows between the two countries will continue to grow and that the education relationship between the two nations would also flourish.  

“We are looking at mutual recognition of qualifications in Australia so that students can now study in both nations.”

Mr Tehan expressed confidence that the interim agreement would be a significant milestone in the relationship between our two countries.

He said that the warmth of the relationship between the two nations and the honesty and transparency with which the negotiations happened would certainly help build very strong and robust economic ties.

Piyush Goyal said that he had very fruitful discussions with his Australian counterpart and significant progress has been made in advancing the FTA between the two nations.

He added that India and Australia were natural partners and complemented each other in a variety of ways.

Minister Goyal said that discussions between the two nations happened with openness and concern and sensitivity for the issues on both sides.

Goyal recalled watching the classic movie ‘Dil Chahta Hai’, which was partially shot in Australia, and portrayed a strong bond of friendship among friends.

He said expanding the India-Australia relationship also exhibits a similarly strong bond.

“CECA FTA is like a ‘Dil Chahta Hai FTA’, which represents the hope, aspiration & ambition of the people of our two great nations.”

‘Dil Chahta Hai’ (The Heart Desires) is a 2001 Bollywood blockbuster film written and directed by Farhan Akhtar filmed in India and Australia.

Image source: Dil Chahta Hai – Screenshot.

The areas covered under the interim agreement should include goods, services, rules of origin, sanitary and phytosanitary measures, customs procedures, and Legal and Institutional issues

Terming the negotiations as a watershed moment in India-Australia bilateral relationship, Mr Goyal expressed his gratitude to the Prime Ministers of both nations, Narendra Modi and Scott Morrison for their leadership, guidance and support.

He also complimented officers from both sides who worked proactively to build a comprehensive economic partnership which will be a win-win for both, opening up huge opportunities for the people of India and Australia.

The Minister exhorted that India and Australia are linked by the great Indian Ocean; connected by history, shared inheritances and deeply interlinked destinies.

Diaspora has and will lead the way in Australia India relations

Indian Prime Minister Narendra Modi in Sydney: Image Source: Supplied

Oped by Jay Shah

By the time this gets published, India’s External Affairs Minister Dr S. Jaishankar will have landed in Melbourne for a 3-day visit primarily for the power-packed Quad but also supplemented by a packed schedule of public engagements. 

While there will be enough political pundits analysing the geopolitical aspects of the visit, a highly recognised but less explored aspect of the relation – Diaspora is what I will be focusing on in this piece.

Australia is home to 900,000 strong Indian Diaspora, with Melbourne having the largest share of over 300,000 by recently overtaking Sydney. Hence I say the next rock-star event of Indian Prime Minister Narendra Modi when he visits Australia next should be in Melbourne. 

Even Australia’s regional towns are seeing an increase in the Indian-Australian population due to underlying immigration policies that are incentivising migration to regional areas. 

According to 2016-17, ABS – ATO data, published in various news portals Indian-Australians contribute AUD $ 18 billion in taxes. This is only second to migrants from the United Kingdom (UK). It will be interesting to see what the results come out of the recently concluded Census of 2021.

It will not be exaggerating to say that the Indian Diaspora is amongst those leading the fight against COVID19 in Australia. Thousands of Indian-Australian doctors, nurses and allied medical fraternity are at the forefront of both COVID management and vaccination drive.
Also, the specialists were providing their services in high-risk environments. 

People in supply chain logistics, essential services were ensuring the basic needs of the nation are met in the strictest of lockdowns.

Techspora (Diaspora in technology) also played an extremely critical role during the COVID crisis.

It’s not a secret that a very large section of the Indian Diaspora works in the technology industry in various capacities like internal workforce, outsourced partner or local small businesses/startups.

COVID crisis demanded a very fast adoption to remote working on an unprecedented scale and also required accelerated digital transformation of many industries. This was taken as a challenge by the Techspora and the wider technology sector.

Although there was always some level of impact throughout, the biggest challenge for the Techspora came during the second wave when a lot of companies were in critical stages of technology programs but the families of their staff both local and offshore were facing unthinkable personal losses.

Huge support poured in from the leaders of the tech Industry, fellow colleagues and the wider Australian population, which is commendable. It is a testimony to professionalism, collaboration and teamwork that outcomes were still achieved without major delays.

Entrepreneurs and the C-Suite representation of the Indian Diaspora have also seen a significant increase in recent times with many more companies being run by Indian-Australian leaders. A lot of start-ups by Indian origin entrepreneurs are getting recognition, success and VC funding.

Community spirit shown by various organisations to support students and migrant workers is exemplary and second to none.

Many other areas have also seen significant contributions and it is because of all these contributions, the Diaspora has gained considerable respect, love and recognition in Australia, paving the way for strengthening Australia India relations.

How can they contribute way forward?

As they say, the devil lies in the details, and often the implementation of complex strategies requires not just the policy or procedure but a deep understanding of complex systems and experience, ability and passion to solve the problems.

Diaspora understands those details and pain points and if the right opportunities are provided to the right people successful outcomes will be achieved in a timely manner. 

That’s why the upcoming Free Trade Agreement (FTA) will not be fully realised without massive Diaspora involvement.

I firmly believe that:-

“Policy will come from policymakers but passion will come from people, driven by Diaspora.”

Diaspora is very passionate to work towards increasing bilateral relationships and this passion will lead the way as it has done in bringing the relationship so far.

26th January is the common national day for India and Australia and the way Diaspora has embraced and celebrated it has only brought more vibrancy to the relationship and festive spirit in its surroundings.

I believe we are at an exciting horizon of an ever-rising phase of friendship, economic partnerships and people to people relations.

Author – Jay Shah is the President of OFBJP Australia, a group of sympathisers and supporters of Indian Prime Minister Narendra Modi and the Bharatiya Janata Party. He aspires to see a mutual friendship between Australia and India in diverse fields. 

Note: The views expressed here are solely of the author’s personal opinion and not of ‘The Australia Today’.

Minister Dan Tehan in India to fast track Australia’s trade agreement

Trade Minister Dan Tehan and Indian Minister Piyush Goyal; Image Source; @MEA
Trade Minister Dan Tehan and Indian Minister Piyush Goyal; Image Source; @MEA

Minister for Trade Dan Tehan is travelling to India today to advance negotiations on a free trade agreement and promote Australia as a premium destination for students and tourists.

Mr Tehan will have multiple meetings with his Indian counterpart, Minister of Commerce and Industry, Consumer Affairs and Food, and Public Distribution and Textiles Piyush Goyal.

These meetings will essentially further support the negotiations on the India-Australia Comprehensive Economic Cooperation Agreement (CECA).

“Mr Goyal and I have been in regular contact over the Christmas/New Year period because we are both committed to concluding an interim free trade agreement. Nothing can replace face-to-face meetings to help speed up the process in the interest of both countries.”

“Australia and India are important trading partners, and we share a strong desire to further enhance our bilateral trade relationship.

“A free trade agreement with India would be a boon for Australian businesses, farmers and workers, creating new jobs and opportunities with one of the world’s largest and fastest developing economies.

“CECA is a potential game-changer in opening opportunities for both Australia and India. It is also an important piece of our post- COVID economic recovery,”

Mr Tehan said.

Minister Tehan will also sign a memorandum of understanding on behalf of the Australian Government with the Indian Government to promote further travel and tourism between the two countries.

India issues travel advisory for Canada amidst ‘Freedom Convoy’ protests

Image source: Freedom_Convoy_2022_Unspecified_location_Jan_27 - Wikipedia.

The Indian government has issued a travel Advisory for Indian Citizens in Canada or planning travel to Canada.

A statement on Twitter read: “Advisory for Indian Citizens in Canada or planning travel to Canada- Please take all precautions in light of the ongoing protests and public disturbance in Ottawa and other major Canadian cities. Special #Helpline for distressed Indian citizens in Canada-6137443751.”

Image source: India in Canada – Twitter.

This development comes two days after the Mayor of Ottawa declared a state of emergency over ‘Freedom Convoy’ protests in the Canadian capital city.

On January 29, 2022, a convoy of 2700 trucks had entered Ottawa to protest against the ‘undemocratic’ Covid-19 policies of Justin Trudeau.

They are also protesting the mandatory vaccination for truckers entering Canada through the US-Canada border.

Canadian Prime Minister Justin Trudeau took to Twitter to claim that protestors cannot stall the economy under the garb of democratic rights.

Trudeau has also vowed that the Canadian government will do everything necessary to bring the situation under control.

Image source: New Delhi, Jan 26 (ANI): Protesting farmers hoist flags from the ramparts of the Red Fort during tractor rally as they protest against farm laws on 72nd Republic Day, in New Delhi on Tuesday. (ANI Photo)

It is ironic that in December 2020, Trudeau tried to interfere in the internal decision-making process of the Indian government during the ‘farmer protestors’ that were supported by Khalistanis based in Canada.

Trudeau and some of his Ministers expressed ‘concern’ over the protests and claimed:

“Canada will always be ready to defend the right to peaceful protest. We believe in the importance of dialogue and that’s why we reached out to multiple means directly to Indian authorities to highlight our concerns.”

The ‘Freedom convoy’ has support from a majority section of the public including prominent people like Donald Trump Jr, Joe Rogan and comedian Russell Brand.

Indian-Aussie start-up legend Alok Kulkarni’s tech firm records USD350 million in funding

Alok-Kulkarni-Cyara; Image Source: Monash University
Alok-Kulkarni-Cyara; Image Source: Monash University

Alok Kulkarni founded Melbourne tech company Cyara has cemented its spot in Aussie start-up legend with a record VC funding.

It has raised more than USD 350 million (AUD 499 million) in a venture capital funding round that equals the largest in Australia’s history.

Alok told media:

“Cyara was founded with a vision to improve customer experience, and we’re delighted to have found a partner in K1 that is committed to the same values and wants to accelerate our growth aspirations.”

He added that most organisations can succeed or fail based on their customer experience as most large companies handle millions of interactions every day.

“More companies are realising the business-critical nature of the work we do and we’re excited to have the firepower to grow and continue to attract the best people globally. We’re at the beginning of a very exciting new chapter.”

Cyara, co-founded in 2006 by CEO Alok Kulkarni, CTO Luan Tran and Executive Director Bonny Malik, helps its blue-chip customers build and maintain their CX systems more efficiently with automated testing and monitoring. 

Image source: Cyara team – Cyara.

Last year, Alok was awarded the 2021 Distinguished Alumni Award for the Faculty of Engineering. He completed his Bachelor of Engineering in Electrical and Computer Systems Engineering with Honours from Monash in 1994.

A passionate entrepreneur, Alok said via LinkedIn:

“It was truly an honour to receive this recognition from Monash. I didn’t feel like I belonged in the company of such amazing accomplished recipients. Thank you again! Ancora Imparo. Proud to be part of the Monash community, the vision and ideals Monash stands for. The Clayton campus is a sight to behold with incredible buildings but it’s the Monash team that makes it truly special.”

Cyara has received this record funding from K1 Investment Management (K1) which is a leading investment firm focused on high-growth enterprise software companies.

According to reports, K1’s investment and experience in business-to-business (B2B) SaaS will support Cyara’s accelerated growth, driving the expansion of the contact testing market.

iMAGE SOURCE: Alok-Kulkarni-Cyara – LinkedIn

Roy Liao, Principal at K1 told media:

“Cyara provides mission critical software and is led by a visionary management team. We look forward to supporting Alok and the management team to execute on their growth strategy and further cement their position as the category leader in automated customer experience.”

According to data from Cut Through Venture, startup funding in Australia and New Zealand hit more than $10 billion in 2021

In 2021, K1 has led a US$350 million investment into Brisbane based SaaS company SimPRO and Rokt bagged $458 million in Series E funding.

Cyara counts eBay, Oracle and Vodafone among its customers and Alok expects to see revenue growth ramp up to 30% or 40%.

He is also looking for opportunities to expand Cyara in the US, Asian and European markets.

Prior to Cyara, Alok was the Director of Solutions Engineering at Genesys and has also held roles at National Australia Bank, NEC, and others.

He also speaks regularly at industry and partner conferences, and he is also a director at TiE, a global non-profit organisation dedicated to giving back by helping entrepreneurs. As part of TiE, Alok mentors Australian entrepreneurs and is responsible for corporate memberships within the TiE Melbourne chapter.

Australia opens for international tourists from February 21

International Traveller at an Airport; Image Source: @CANVA
International Traveller at an Airport; Image Source: @CANVA

The Prime Minister of Australia Scott Morrison has announced that international tourists will be allowed to come back to the country from February 21.

As a condition to be accepted in Australia all international travellers will be required to be fully vaccinated.

This decision came after almost two years of ban on International tourists amid the COVOD19 pandemic.

Australia technically opened its international borders in late December 2021, however, only Australian citizens, permanent residents and their immediate family members were allowed to travel. It was later extended to international students, migrant workers and backpackers.

Prime Minister Scott Morrison said this decision will provide a much-needed boost to the tourism sector.

“I know the tourism industry will be looking forward to that, and over the next two weeks they’ll get the opportunity both for visitors to becoming and for them to be gearing up to welcome international visitors back to Australia.”

“The condition is you must be double vaccinated to come to Australia. That’s the rule. Everyone is expected to abide by it,”

said Mr Morrison.

However, States and territories will continue to have designated quarantine caps and other restrictions placed to manage the COVID19.

PM Scott Morrison; Picture Source: Supplied
PM Scott Morrison; Picture Source: Supplied

Girish Patel is a registered migration agent based in Melbourne.
He told The Australia Today that the tourism and travel sector was facing an extreme downturn due to lockdowns and travel bans.

“On an average, we use to process more than 200 tourist and international student visas every week in summers before lockdowns hopefully we will achieve those numbers in the coming weeks.”

This decision of opening the borders for tourists comes on the background of a significant drop in cases in NSW and Victoria.

NSW reported 14 COVID-19 deaths On Monday, while there were seven deaths in Victoria, Queensland saw 19 deaths, and both the ACT and Tasmania recorded one each.

The latest case numbers showed there were 7347 new infections in NSW and 8275 in Victoria, while Queensland registered 4701 cases, Tasmania had 443 and the ACT had 299.

Australian Hindus oppose Religious Freedom Bill amid fears of forced conversion

Hindu religion; Image Source: @CANVA
Hindu religion; Image Source: @CANVA

Oped by Surinder Jain

A religious freedom bill has been introduced in the federal parliament to make discrimination on the basis of religion illegal. People of faith will not be discriminated against because of their faith or for not having one.

However, the bill has created many exemptions. It allows discrimination based on religion by organisations that are inspired by religious ethos, like schools, hospitals, aged care homes, employment agencies, charities etc. Any business that claims to be inspired by religious ethos can fire people who don’t belong to their religion.

This bill adversely affects minority religions. It especially affects Hindus and other newly arrived religions that have not had time and resources to establish their own schools, hospitals etc.

Oppose “No jobs for Hindus Bill”

The bill permits a business to declare and have a religion. It permits that business to fire its employees who are of the wrong religion and give preference in employment to candidates of its own religion.

A large number of Hindus work in schools, hospitals, aged care and other charities run by Christian and other faiths. If this bill is passed, these Hindus can be and are likely to be actively  
discriminated against.

In practice, it means that Hindus working in other faith-based schools, hospitals etc. can be denied employment and existing staff can be fired.

A Hindu living in an aged care service of another religion will only be served by employees of the other religion as they won’t have to hire any Hindu staff.

Oppose the Religious Conversion of Hindus Bill

Hindus do not seek to convert others but that is not the case with many religions. Some non-Hindu faith followers interpret their religion to mean that it is their duty to convert heathens and idolaters (Hindus included) while some interpret it to mean that the use of force against non-believers is justified.

This bill may lead to the abhorrent practice of forced conversion of Hindus to other faiths by luring them with jobs, admission of children into schools, treatments in hospitals and care in old age homes. And the Australian Government will continue to fund such religious institutes.

Oppose violation of Human Rights of Migrants, Unemployed, Students, Vulnerable and old people Practices listed above violate human rights of Australian Hindus and will adversely affect vulnerable Hindus including new migrants, unemployed, socially disadvantaged and senior citizens needing care.

Hindus being treated in hospitals or being cared for in an institute,  will not have someone who understands their culture and religious sensitivity. They may be surrounded by people who think this Hindu is going to hell and must be converted. And the Australian government  
will be using our taxes to fund such places.

Those holding a position of power like teachers, doctors, carers, helpers should not be permitted to do the mission work.

Oppose Hindus being called idolaters, heathens and infidels

The new bill permits statements of belief rights. In practice, it means that anyone can insult people of other religions and call them derogatory names and treat them as lesser human beings than themselves. In a civil society, this should not be permitted.

Oppose the introduction of religious apartheid in Australia

Australia made commendable progress when it replaced its racist Whites only immigration policy. But like a reformed drinker hitting the bottle again, it is now introducing a bill that will give undue advantage to the majority and well-established religions at the cost of  
newly arrived and minority religions.

The bill will permit a child to study and work their entire life in their own religious institutes, never coming in meaningful contact with people of other faiths.

We must oppose such apartheid of teaching, employment and services.

PLEASE CALL YOUR LOCAL FEDERAL SENATOR and MP and tell them that you  
want them to oppose this law when it comes to voting.

Author: Surinder Jain is Vice President of the Hindu Council of Australia.

‘She will live in our hearts through her music’ as India’s Nightingale Lata Mangeshkar cremated with full state honours in Mumbai

Tribute to Lata Mangeshkar: Image Source; @sudarsansand
Tribute to Lata Mangeshkar: Image Source; @sudarsansand

The last rites of legendary singer Lata Mangeshkar were conducted at Shivaji Park on Sunday in Mumbai with full state honours. 

The vehicle in which her body was taken to the stadium was completely decorated with white flowers and also had a massive photo of hers. The coffin in which her mortal remains were placed was also wrapped in tricolour as the army marched along. 

For the final rites, Indian Prime Minister Narendra Modi came to pay his last respects. 

Several celebrities were present at the funeral including actor Shah Rukh Khan, actor Ranbir Kapoor, actor Aamir Khan, actor Shraddha Kapoor, cricketer Sachin Tendulkar, singer Anuradha Podwal, musician Shankar Mahadevan, actor Vidya Balan and her husband and producer Siddharth Roy Kapur. They paid floral tributes to the late iconic singer. 

Prominent ministers including Uddhav Thackeray, Raj Thackeray, Aaditya Thackeray, Piyush Goyal and Sharad Pawar were also present. 

Officials of the Indian armed forces carried her mortal remains and paid the full state honours. 

Eight priests dressed in white arrived to conduct the final rites. Blocks of sandalwood were placed at her body while the priests chanted the mantras. 

Late Lata Mangeshkar’s brother Hridaynath accompanied by his son Aadinath Mangeshkar lit the funeral pyre. She also received a gun salute during the last rites. 

Iconic singer Asha Bhosle is grieving the demise of her beloved sister and nation’s nightingale Lata Mangeshkar. 

Taking to her Instagram handle on Sunday night, Bhosle, 88, posted a picture from their childhood days, in which she looks adorable with her beautiful sister. In the caption, she wrote, “Bachpan ke din bhi kya din the. Didi and I.” 

Veteran actor Dharmendra mourned the death of Lata didi by sharing a social media post. 
The actor took to his official Twitter handle and shared a picture of him with the late legend. Along with the image, he tweeted, “The whole world is sad, Can’t believe you have left us !!! We will miss you lata ji, pray for your soul to be in peace.” 

The veteran singer died at the age of 92 on Sunday due to multiple organ failure. 
She was admitted to Mumbai’s Breach Candy hospital on January 8 after she was diagnosed with COVID-19 and pneumonia. 

The Indian government announced on Sunday that two-day national mourning will be observed in memory of Lata Mangeshkar.

Market Mantra: Are we on recovery path or it’s just another short term gain?

Market-Mantra-Stocks; Picture Source: @CANVA
Market-Mantra-Stocks; Picture Source: @CANVA

The Australian equities market wrapped up its best week in over a month, mainly driven by gains in technology and rising energy stocks.

In signs of recovery Australian shares managed to hold the line against an amazing fall on Wall Street which saw Meta, previously Facebook, slumping by 27% after it revealed that user growth had stalled and it faced higher costs and weaker revenue.

The Facebook plunge resulted in technology shares around the global slump, however surprisingly Australian technology stocks held the line to enjoy their biggest weekly gain since December.

The energy stocks also helped boost the market with the energy sector ending almost 5% higher for the week with rising energy shares pushing up shares in Santos and Woodside Petroleum.

Newscorp was another company that did well with shares up 5.7% after announcing record revenues and highest profits since the company was formed in 2013.

Australia did however have its own mini version of Facebook last week with building products group Boral falling 41% to hit a 17-month low.

RA Governor Dr Phillip Lowe’s speech on Tuesday certainly helped calm the markets, with his cautious approach in raising interest rates and insistence that it is too early to tell if inflation is sustainably within the target range seen as welcome news.

RBA’s statement on monetary policy on Friday further backed up Dr Lowe’s bullish stance and predicted a strong economy.

Reserve Bank Of Australia; Picture Source: @CANVA
Reserve Bank Of Australia; Picture Source: @CANVA

Looking ahead company results will be a major influencing factor this week with CBA, AMP, Baby Bunting, Insurance Australia Group, Suncorp, AGL, MIRVAC, ASX, CIMIC, Downer EDI and Argo Investments all announcing their results this week.

The traders will also be keeping an eye on retail spending data, consumer and business sentiment, job advertisements, household spending intentions, payroll jobs and building approvals data coming out this week.

The data should give major clues to how the Omicron wave has hit consumer confidence and spending.

Gold prices too rallied last week as a weaker US Dollar, concerns over stubborn inflation and tensions surrounding Ukraine lifted demand for the safe-haven bullion.

The US Dollar index saw its biggest weekly drop since March 2020, thus boosting appeal for the greenback priced yellow metal among buyers of other currencies.

Gold; Image Source: @CANVA
Gold; Image Source: @CANVA

Inflation remains a top concern globally and it seems Russia has been formulating several options as an excuse to invade Ukraine. The latest is the potential use of a propaganda video showing a staged attack according to US President Joe Biden.

Gold is considered a hedge against inflation and geopolitical risks, but interest rate hikes would raise the opportunity costs holding non-interest bearing bullion.

The European Central Bank last week opened its door to a 2022 interest rate hike, while the Bank of England raised interest rates. 

As such while we expect gold to rise on geopolitical tensions, the rising interest rates may cap any gains.

Oil prices surged to a seven-year high, extending their rally into the seventh week on ongoing worries about supply disruptions fuelled by frigid US weather and ongoing political turmoil among major oil producers.

oil price going up; Picture Source: @Canva
oil price going up; Picture Source: @Canva

Brent ended the week 3.6% higher while the US Crude posted a 6.3% rise in their longest rally since October. The surge in oil prices accelerated on Thursday and Friday as buyers piled into crude contracts on expectations that the suppliers will continue to struggle to meet demand.

According to most strategists crude prices which have already gone up by more than 20% so far this year are likely to surpass $100 per barrel on strong global demand.

Winter storms bringing icy conditions in the US also fuelled supply concerns as extreme cold can cause production to shut temporarily. Oil markets have also gained from geopolitical risks as major oil producer Russia has amassed thousands of troops on Ukraine’s border and is accusing the US and its allies of fanning tensions.

The Australian Dollar rallied for most of the week, however, gave up on gains on Friday to close the week at 0.7070 against the US Dollar.

The gains in the Australian Dollar made during the week only seem to be corrective in nature from a technical point of view and with strong job numbers in the US and higher interest rates it should not be a surprise if it heads south again.

Australian-Dollar; Picture Source: @CANVA
Australian-Dollar; Picture Source: @CANVA

In a stronger than expected jobs report on Friday, the US economy added 467K new jobs in January, against 150K expected. The upbeat report plus the fact that the Federal Reserve currently has the most aggressive tightening programme at the moment makes the greenback far more attractive than the Aussie at the current situation.

The RBA on the other hand decided to maintain rates at record lows and kept its monetary policy unchanged in its February meeting. The dovish stance of Australia’s central bank prevented the Australian dollar from rallying despite broader weakness in the US Dollar.

RBA’s stubbornness and refusal to raise interest rates hint at a mid-term bearish extension in the AUD/USD pair. The technical indicators for the pair too remain well into negative territory with the daily chart hinting at a lower low ahead.

The Indian Rupee recovered some ground against the US Dollar last week. The USD/INR pair recorded their first weekly loss in three, however, the pair found strong support around the 74.70 mark.

Indian Rupee; Image Source: @CANVA
Indian Rupee; Image Source: @CANVA

Broad-based weakness in the US Dollar and improving CoVid19 situation in India and escalating concerns over the RBI’s rate hike added to the strength of Indian currency.

The multi-year highs of oil prices and India’s latest fuel excise cuts have kept the bears hopeful. Recently the Chairman of India’s Central Board of Indirect Taxes and Customs said to NewsRise that the tax body estimates the government will lose about 600 billion Rupees in annual revenue next fiscal year following excise duty cut on auto fuel.

Moving on to digital currencies. This time last week things were looking quite gloomy for the crypto asset. Bitcoin was threatening to fall further and with price dipping on Monday bears did manage to push the price below $37K. All of the things change as the week approached a close with the cryptocurrency market recovering a major chunk of its capitalisation as Bitcoin pushed above the US $40,000 mark.

Needless to say, the rest of the market followed with Ethereum up 22.4% for the week, Solana rising by 23% and DOT surging by 12%.

This came amidst a notable correlation with the global markets as cryptocurrencies basked in recovery in risk appetite.

Bitcoin; Picture Source: @CANVA
Bitcoin; Picture Source: @CANVA

Friday’s 11% gain in Bitcoin was the biggest single-day gain for the coin since June and the first major bounce after weeks of getting roiled.

In Agricultural products, soybean futures recorded their biggest weekly gains since June on expectations of strong buying demand from China once they return from their Lunar New Year holiday.

Corn and wheat also surged for the week however they could not match the advances on soybeans.

United Nations food agency reported on Thursday that world food prices have rebounded in January and now remain near 10-year highs.

Author: Ateev Dang is a trader and trading coach by profession. He runs his own business called Glow trades Pty Ltd where he teaches anyone who is interested in starting on their trading journey how to trade. He can be contacted at adang@glowtrades.com.au.

Disclaimer: 

The writers’ opinions in the above article are their own and do not constitute any financial advice whatsoever. Nothing published by The Australia Today constitutes an investment recommendation, nor should any data or content publication be relied upon for providing any investment activities.

We strongly recommend that you perform your own independent research and/or speak with a financial advisor or qualified investment professional before making any financial decisions.

India Champion for record fifth U19 World Cup, defeats England

India Under19 World Cup Champion; Image Source: @ICC
India Under19 World Cup Champion; Image Source: @ICC

India lifted a record fifth U19 World Cup title after defeating England in the summit clash here at the Sir Vivian Richards Cricket Stadium on Saturday. 

The Yash Dhull led side defeated the Three Lions in the summit clash by four wickets. Chasing 190, India got off to the worst start possible as Joshua Boyden dismissed Angkrish Raghuvanshi (0) on the third ball of the innings.

Harnoor Singh and Shaik Rasheed then got together at the crease and the duo put on 49 runs for the second wicket. As soon as India started to gain an upper hand, England stormed right back into the contest in the 18th over as Thomas Aspinwall dismissed Harnoor (21), reducing India to 49/2. 

Skipper Yash Dhull next joined Rasheed in the middle and both batters stitched together a partnership of 46 runs which saw Rasheed (50) going past his 50-run mark. However, as soon as he reached the milestone, he ended up giving his wicket away to James Sales. In his next over, Sales picked up the scalp of Dhull (17), and India was reduced to 97/4, still needing 93 runs for the win. 

Raj Bawa (35) and Nishant Sindhu (50*) then ensured that India does not lose wickets in a cluster. In the end, India registered a four-wicket win to lift the U19 World Cup for the fifth time. 

Earlier, Raj Bawa scalped five wickets while Ravi Kumar took four as India bowled out England for 189 inside 45 overs. England crumbled in the first half of the innings before James Rew’s gutsy 95-run knock helped the Three Lions reach a score of more than the 180-run mark. 

Opting to bat first, England got off to the worst possible start as left-arm pacer Ravi Kumar picked two wickets (Jacob Bethell and Tom Prest) in the first four overs. George Thomas and James Rew tried to get the partnership going but Raj Bawa dismissed the opener as India took control over the game. 

England kept losing wickets at regular intervals and was soon found reeling at 61-6 in the 17th over. Meanwhile, James Rew kept fighting hard and scored a fifty to rescue his side from the precarious position. Rew and James Sales put up a fifty-run stand to revive England’s innings.

However, Rew fell five runs short of a century as Ravi Kumar removed him in the 44th over. 
Rew’s wicket triggered a collapse and England lost the final two wickets to set a 190-run target for India in the final. 

Earlier, India had won the U19 World Cup in 2000, 2008, 2012, and 2018.

The Board of Control for Cricket in India’s (BCCI) President Sourav Ganguly on Sunday congratulated the Yash Dhull-led side for winning the U19 World Cup. 

 “Congratulations to the under 19 team and the support staff and the selectors for winning the world cup in such a magnificent way. The cash prize announced by us of 40 lakhs is a small token of appreciation but their efforts are beyond value .. magnificent stuff..@bcci,” tweeted Ganguly. 

Earlier, BCCI secretary Jay Shah announced an INR 40 lakh reward for every player of the U19 World Cup-winning team. He also said that every member of the support staff will be getting INR 25 lakh. 

“I am pleased to announce the reward of 40 lacs per player and 25 lacs per support staff for the U19 #TeamIndia contingent for their exemplary performance in the #U19CWC final. You have made India proud,” tweeted Shah. 

Brief Scores: England 189 all out (James Rew 95, James Sales 34*; Raj Bawa 5-31); India 195/6 (Shaik Rasheed 50, Nishant Sindhu 50*; Joshua Boyden 2-24).

Tonga: What actually happened when Volcanic Mushroom Plume

volcanic eruption; Image Source: @CANVA
volcanic eruption; Image Source: @CANVA

On 15th January 2022, the entire South Pacific Islands got a shock of having effects of Hunga volcanic eruption at Tonga (part of Polynesian archipelago comprises of 176 islands, where 36 of which are inhabited), that released a cloud of ash and volcanic gases of about 30 km into the sky and produce tsunami waves throughout the Pacific Islands.

The Hunga-Tonga-Hunga-Ha’apai volcano is located 40 miles north of the capital, Nukualofa. The Hunga volcano is about 1,800 meters high and 20 kilometres broad and is a part of a volcanic system that stretches from New Zealand to Samoa. The volcano erupted three times in the week on 20th  December 2021, 13th and 15th January 2022, the last one is seen as the greatest in recent history.

There was an enormous eruption that produced a 30 km-high cloud of ash and gas and led to tsunami advisories across the Pacific and surrounding nations; a large number of Tongans faced water, power, communication and air travel was disrupted.

The smoke plume erupted from the volcano, noticed shock waves and witnessed powerful electric storms in the ash cloud. Many debates around this issue need to be enlightened, so this op-ed shall try to review the discussions around the issue.

Is it a ‘Once-in-a Millennium’ Event?

Historical records stated many past volcanic eruptions had put the world into shock, especially the 1991 Pinatubo eruption in the Philippines. However, on the latest eruption, Shane Cronin, a volcanology professor at the University of Auckland in New Zealand, stated the explosion was a “once-in-a-millennium” occurrence for the volcano as “It takes roughly 900-1000 years for the Hunga volcano to fill up with magma, which cools and starts to crystallize, producing large amounts of gas pressure inside the magma… As gases start to build up pressure, the magma becomes unstable. Think of it like putting too many bubbles into a champagne bottle — eventually, the bottle will break.” (Corryn Wetzel, 18/01/2022). Other experts believed it was the largest eruption in the last three decades. 

volcanic eruption; Image Source: @CANVA

Others believe that this catastrophe might see as simply warm-up as this vulcanized inside the Pacific Ring of Fire, which is the part of some active world’s volcanoes. The Pacific Ring of Fire stretches in the form of a horseshoe from the southern point of South America along the West Coast of North America, through the Bering Strait, past Japan, and into New Zealand (Pannett et al., Washington Post, 20/01/2022).

It is an active zone where the Pacific Plate collides with many other tectonic plates that creates the bulk of the world’s volcanism and earthquakes; it is considered to have three-fourths of the world’s active volcanoes. This eruption produced a shockwave that travelled across the globe, which was recorded as a pressure wave and an acoustic signal. 

According to NPR, NASA experts assessed the blast’s force to be ten megatons, or more powerful than a nuclear weapon (Pannett et al., Washington Post, 20/01/2022) that is many times more powerful than the bomb dropped on Hiroshima. The report further added, based on experts suggestions, that the Tongan volcano is capable of releasing an explosion of such magnitude once every 1,000 years, comparable to a weapons-grade chemical bomb. Some experts suggested this eruption will have long-lasting damage to coral reefs, erode coastlines and disrupt fisheries (Aljazeera, 18 Jan 2022). Warning were also issues about the acid rain around the Pacific Islands that may have an impact on some crops and fruits vegetations.

The eruption also led to inflicting a large volume of material into the stratosphere, including sulphur dioxide (SO2 gas), as per reports, this shall have a significant impact on the climate. Experts stated, “SO2 reflects solar radiation back to space, and can thus have a cooling impact on the climate system, especially for eruptions of this nature in the tropics, where the bulk of the incoming radiation is absorbed.” (Nevada Today, 27 January 2022). Other reports suggest that SO2 will not have any significant impact on the global climate, but it is not clear that there may be further eruptions that can increase the intensity of SO2 concentrations (Ramesh, The Print, 22/01/2022). 

volcanic eruption; Image Source: @CANVA

Tonga is situated on a fault or junction where the Pacific plate is sinking under the Australian plate, where seduction causes warm water in the sinking plate to rise up and mix with magma, causing it to become vicious; that holds a lot of the hot water as bubbles, causing pressure to build up for eruptive events to occur (Ramesh, The Print, 22/01/2022). The eruption scale is vast and yet to be analysed its major causes by experts. 

Conclusion: Small Vulnerable Islands

As a resident of the Pacific Islands, I have enormous sympathy with our Tonga fellow brothers and sisters who had faced the wrath of these devastating volcanic eruptions. These islands are vulnerable to volcanic eruptions, and the experts have diverse opinions about the impact of this volcanic eruption. Still, the answers are stored in future to see the consequences. It would be too soon to assess its actual impact. Pacific Islanders and the entire world need to be cautious of any future events and necessary precautions.

Author: Dr Sakul Kundra, A.HOD Department of Social Science, College of Humanities and Education, Fiji National University.

Dr Sakul Kundra; Picture Source: Supplied
Dr Sakul Kundra; Picture Source: Supplied

Disclaimer: The views expressed are his own and not of The Australia Today or his employer. For comments or suggestions, email. dr.sakulkundra@gmail.com

With flowers soaked in tears, family and friends farewelled Poonam and Vanessa

Funeral of Poonam Sharma and Vanessa Sharma: Image Source: The Australia Today
Funeral of Poonam Sharma and Vanessa Sharma: Image Source: The Australia Today

Indian Australian community farewelled Mill Park home victim of domestic violence at an emotional funeral service in Melbourne’s west.

In an unfortunate incident, On 13th January Indian origin man, Prabhal Sharma allegedly killed his wife Poonam Sharma and 6-year-old daughter Vanessa Sharma.

Poonam Sharma’s parents Chaturbhuj Sharma and Manjeet Sharma have come from the small city of Pathankot in the Punjab state of India to say the last goodbye to their daughter and granddaughter.

Prabhal Sharma is in police custody and has been charged with the murders of his wife and daughter.

  • Funeral of Poonam Sharma and Vanessa Sharma: Image Source: The Australia Today
  • Funeral of Poonam Sharma and Vanessa Sharma: Image Source: The Australia Today

His sister and brother in law also attended the funeral ceremony, they flew in from the UK to be part of the ceremony.

Poonam’s Parents were very emotional while addressing the ceremony. They thanked everyone for standing by them in this difficult time.

May be an image of 1 person, flower and text

The funeral was organised by the Hindu community organisation Vedic Global.
Monica Sharma Raizada is the founding director of Vedic Global.

She told The Australia Today, “It’s a very difficult time for everyone involved, We are working to help and support Poonam’s parents to the best of our abilities.”

“Poonam’s Parents have requested for privacy from media while they go through their religious rituals for funeral,”

said Ms Raizada.

One of the family friends who do not want to be named told The Australia Today, “Prabhal Sharma’s sister and brother in law attended the ceremony but Poonam’s parents are not yet in a mental state when both could have an interaction.”

Ms Raizada works with victims of domestic violence in the Indian Australian community.
She said, “Much is hyped by government and others about addressing domestic violence in the community but on-ground support is just minimal.”

Both these innocent lives could be saved if the system would have worked on the first reported sign of trouble in the family, said Ms Raizada.

“I knew Poonam since she was a young girl, I have seen her growing into a confident young lady with a gold medal in dentistry and today I am organising her funeral.”

Sonila Sharma used to teach Hindi to Vanessa and her sister, daughters of Poonam.

She told The Australia Today, “I am not able to come to terms that Poonam and Vanessa are not with us.”

“It feels like Vanessa will come next weekend sit in my lap and say Sonila aunty I have learned one more Hindi poem.”

We as the Indian Australian community have to work towards these issues by first raising awareness about what is domestic violence and where to get help if need be, said Ms Sonila Sharma.

Prabhal Sharma is due to appear in court on 17th May 2022.

Family and domestic violence support:

Morrison Government opens coffers for six national manufacturing priority areas

Prime Minister Scott Morrison; Image Source: Supplied
Prime Minister Scott Morrison; Image Source: Supplied

A new $1.6 billion economic accelerator will turn Australia’s leading research into world-beating businesses as part of the Morrison Government’s focus on building the country’s resilience.

Australia’s Economic Accelerator (AEA) features as part of a $2.2 billion package to focus the commercialisation of the six national manufacturing priority areas – resources and critical minerals, food and beverage, medical products, recycling and clean energy, defence and space – bringing the country’s brightest business and academic minds together.

Together with a new $150 million expansion of CSIRO’s Main Sequence Ventures, the AEA will reshape research funding to emphasise projects with high potential for commercialisation that are directed at National Manufacturing Priorities and industry engagement.

Prime Minister Scott Morrison said the AEA would invest in projects as they progressed through the stages of their development.

“Stronger commercialisation of research and ideas will mean a stronger economy and a stronger future for Australia,”

PM Morrison said.

“This is about funding projects to bridge the ‘valley of death’ where early-stage research is often not progressed due to higher levels of risk and uncertainty.

“The AEA will drive our universities and businesses to work hand-in-glove through the stages to prove projects’ viability and potential.

“Expanding the CSIRO’s Main Sequence Ventures program then takes this further, incentivising the additional venture capital investment support needed to progress innovative new products and technologies through to market to become the new businesses and employers of the future.”

Acting Minister for Education and Youth Stuart Robert said the AEA would boost investment in two critical stages of experimental development: proof of concept and proof of scale.

“The AEA will become a critical source of competitive funding support for innovating new projects with high commercial potential, and will take a lot of the risk and uncertainty for universities out of the equation,”

Minister Robert said.

“We will start with a big range of contenders – a contest of ideas.

“But as we progress to stage two, the number of applicants will diminish and the value of the funding to each will increase.

“For example, stage one will involve nearly 100 grants a year of up to $500,000. Recipients will be required to engage the industry through in-kind support or even co-location.

“In order to be one of the 36 recipients attracting up to $5 million in funding as part of ‘stage two’ projects, the industry will need to put more skin in the game with a 50 per cent co-investment.

“At stage three, up to 50 companies will be supported through the Main Sequence Venture, where we are providing $150 million in two successive co-investment funds.

“This investment is about new jobs, increased wages, and creating products that make life easier, more efficient or even more interesting,”

Minister Robert said.

Minister for Industry, Energy and Emissions Reduction Angus Taylor said the grants were an investment in Australia’s future industries and smart manufacturing within the Morrison Government’s National Manufacturing Priorities. 

“By working with industry and researchers, the government is helping to ensure our economy benefits from our world-class research, both now and well into the future,”

Minister Taylor said. 

Minister for Science and Technology Melissa Price said the $150 million expansion of the CSIRO Main Sequence Ventures program would back start-up companies and help create commercial opportunities from Australian research.

“The Morrison Government is prioritising investment in research and action to turn Australia’s best ideas into new industries and strengthen our future prosperity,” Minister Price said.

“The expansion of the Main Sequence Ventures will further support the development of spin-off and start-up companies with high commercial potential arising from local research.

“Over the past four years, Main Sequence Ventures has invested in 39 companies that are commercialising deep tech opportunities that have created more than 1,200 technology-related jobs.

“Our new investment in this program will ensure it can play a bigger role in our economy and help develop the next generation of great Aussie companies and products.”

Minister Robert said the Morrison Government would also invest $296 million in industry-focused PhDs and fellowships to support its research commercialisation goals and drive greater university-industry collaboration.

“This new scheme will generate 1,800 industry PhDs and over 800 industry fellows over 10 years to fundamentally reshape the workforce of Australia’s universities,” Minister Robert said.

“PhD students will benefit from the experience of undertaking research within industry settings, creating employment pathways beyond academic roles.

“Industry will benefit from the opportunities to host PhD students, bolstering their ability to harness ideas and concepts for innovation, as well as to open the pathway to the recruitment of high-calibre graduates. This will be further enhanced by a new suite of ARC Fellowships that will recognise and reward our academics who collaborate with industry, helping to drive the translation of their research, creating new pathways for their work.

“These initiatives will change the culture and the focus of research across Australia’s universities – building greater engagement with industry and ensuring that innovation is at the core of our economic future as a nation.”

Market Mantra: Are we in trouble as Australian shares record worst month since March 2020

Market Mantra: Representative Picture; ; Image Source: @CANVA
Market Mantra: Representative Picture; ; Image Source: @CANVA

The Australian market recorded another torrid week of losses as the Fed stance weighed heavily on investor sentiment. The investors however managed to drag the ASX 200 index just out of correction territory after a late rally on Friday.

Usually, a rally of 2.2% on a single day would be a cause of celebration. However, in a week that saw the market lose 2.6% for the week and enter into a rapid 10% correction territory, the late rally on Friday was more like a nervous sigh of relief for the investors.

The ASX 200 index has now lost almost 7% in January, recording its worst month since March 2020 when markets recorded a 30% COVID19 swoon. 

The Fed said on Wednesday that it would likely raise interest rates in March and begin tapering bond purchase programme during the same month, with interest rates and inflation marching upwards nobody is sure how high they will go and many investors believe this could be the start of another big dipper ride.

Most analysts believe that there is going to be a lot of scary ups and downs from here and any recovery day like Friday could be just that, a short-term relief with even a 2.2% recovery on a single day coming nowhere near to making up for four consecutive days of falls.

Afterpay; Image Source: CANVA
Afterpay; Image Source: CANVA

Every sector on the Australian market was down for the week with technology stocks being the biggest victim. Technology stocks lost 8% for the week and are down 21.3% for the month of January so far.

One of the big events last week came from BHP however which ended its dual listing on London Stocks Exchange and have now listed all its shares on ASX. This move means BHP which previously represented 6% of the ASX 200 represents a mammoth 10.9%.

The move forced index funds and other managed funds that measure their performance against the index to buy up BHP shares. The move resulted in a 2.3%rise in BHP shares on Friday with an estimated $4 billion of extra demand for Australia’s largest miner.

The investors in Australia will now be waiting nervously to the Reserve Bank of Australia’s policy meeting on Tuesday for a hawkish tilt as domestic inflation has accelerated. With markets betting that US Federal Reserve could raise interest rates as many as seven times in 2022 there is also a strong expectation that RBA will drop its quantitative easing bond-buying programme.

Reserve Bank Of Australia; Picture Source: @CANVA
Reserve Bank Of Australia; Picture Source: @CANVA

While most analysts expect RBA to leave the interest rates at 0.1% on February 1, we believe that with inflation in Australia threatening to follow the US inflation rate even higher RBA will be forced to start raising interest rates as early as August.

As such it will be interesting to note what sort of guidance comes from the RBA meeting this Tuesday.

Traders will also keep an eye for domestic consumer confidence figures, home prices, lending figures, retail trade, new car sales, international trade, inflation expectations and building approvals, which are all due this week.

However, given the current volatility in share markets, it will be the movement in Wall Street that will define which direction the markets take. We feel that there will be more pain for investors to come with a bearish outlook for the US stock market hitting a nine-year high in the latest American Association of Individual Investors Sentiment Survey.

Last week we mentioned in our report that even though gold is looking bullish in the short term we are of the view that the upside momentum of gold could be hard to maintain due to an expected interest rate rise in the US. A rate hike usually reduces the appeal of holding a non-interest bearing bullion.

As predicted with growing expectations of US interest rate hikes pushing US Dollar to a multi-month high the yellow metal recorded its worst week since late November.

Australian Gold; Picture Source: @CANVA
Australian Gold; Picture Source: @CANVA

Gold prices slipped below their 100 and 200 day moving averages after the US Federal Reserve reaffirmed its plans to end its pandemic-era bond purchases and signalled an interest rate hike in March.

The rate hike expectations set the US Dollar to record its biggest weekly rise in seven months. Thus making gold more expensive for overseas buyers.

It will be interesting to see how gold prices play from here. We strongly believe that gold prices will go through a roller-coaster with both gains and declines limited from here as traders try to make choice between gold’s credentials as an inflation hedge amid rising stock market volatility and the cost of holding non-interest bearing bullion during a rising interest rate environment.

Oil prices however continued to climb for a sixth consecutive week, rising to a more than a seven-year peak on Friday, as geopolitical turmoil exacerbated concerns over tight energy supply.

As supply continues to remain constrained for oil and heightened geopolitical risks driven by fears that Russia may invade Ukraine many oil executives and a chorus of Wall Street Banks are predicting oil to return to $100 per barrel.

Oil prices so far have continued to defy the risk-off sentiment elsewhere with demand almost reaching pre-pandemic levels whereas the supply struggling to keep up with that. With geopolitical events on the Russian border added to the mix, we believe oil will be trading above $100 per barrel in the next few months.

Petrol bowser filling car; Image Source: @CANVA
Petrol bowser filling car; Image Source: @CANVA

The traders will be keeping a close eye on the February 2 meeting of OPEC nations and allies led by Russia, collectively known as OPEC+. However, we believe the OPEC+ will continue to stick with its current planned oil output targets.

The Australian Dollar fell below the key 0.7000 level against the US Dollar, its lowest since July 2020 on renewed greenback’s demand following Fed Reserve’s latest announcement on monetary policy.

Heating inflation has put US policymakers in action, resulting in Fed Chairman Jerome Powell pretty much pre-announcing an interest rate hike in March. On inflation, however, Fed Chairman expressed concerns that inflation would keep rising but at the same time, he is determined to combat it.

The decision boosted the greenback and sent the stock markets into a downward spiral, a perfect scenario for AUD/USD depreciation. With Wall Street closing in red for a fourth consecutive week and gold prices also plummeting the Aussie looks set to decline further.

US-Dollar; Image Source: @CANVA
US-Dollar; Image Source: @CANVA

Even technically the pair is poised to extend its declines. On the weekly chart, the 200 SMA acted as major resistance and the AUD/USD pair has plummeted after failing to breach it. The 20 SMA also crossed below the 100 SMA on the weekly chart and is pointing firmly lower.

On the daily charts also the bearish patterns are very clear and strong with all technical indicators maintaining their downwards slopes. The next relevant support level will be 0.6920 which will be keenly watched by the traders as a break below it could expose the Aussie to fall to as low as 0.6770.

While bulls may try to gain some momentum on Monday due to a green finish on Wall Street on Friday night, we believe sellers will most likely re-appear around 0.7100. AS such any rallies in the AUD/USD pair should be seen as an opportunity to sell.

The Indian Rupee too continued its decline against the US Dollar after the hawkish Fed policy stance.

Muted domestic equities, sustained foreign fund outflows and firm crude prices all continue to weigh on Indian currency as it breached the 75.00 mark against the US Dollar. The RBI had been aggressive over the last two years to keep the USD/INR pair below the 75.00 level. However, with this level finally breaching on massive risk-off sentiments it would be important to see what stance RBI takes to control the falling Rupee.

Indian-Rupee; Picture Source: @CANVA
Indian-Rupee; Picture Source: @CANVA

For traders in India, however, all eyes will be on the trajectory of crude oil prices and how the situation pans out in Eastern Europe.

Two weeks ago the crypto asset spot markets were dismal whereas the NFT market remained unscathed. Last week, however, it was a reverse of fortunes with NFT sales dropping 13% while the crypto prices rebounded from the market route.

NFT sales were down on all 12 blockchains that produce NFTs, with Ethereum’s gross NFT sales down 11.78%, Solana recording a 16.87% decline in gross NFT sales and Ronin shedding 47.83% on NFT sales for the week.

The crypto asset market on the other hand was very different as the market showed signs of recovery with Bitcoin and close to 40% of altcoins advancing. Bitcoin prices saw a gain of four days in a row at the time of writing this report and was now trading above the US$38,000 mark, after falling to the $33,000 mark.

In a surprise, for investors, the crypto market saw itself stabilising this week despite the hawkish stance of the US Federal Reserve. The cryptocurrencies have previously declined constantly on the Fed’s indication of a rate hike.

Ethereum prices too rose significantly to rise above the $2500 mark. However, it was Beagle Inu that was the top gainer on the crypto pack. The coin gained 745.72% on Friday alone.

In Agricultural products, all eyes have been on Ukraine this week. As tensions build on Russia (world’s largest wheat exporter) and Ukraine (major wheat producer) border, consumers moved to increase cover and wheat markets rallied.

South American weather also remained in focus with drought-like conditions in Brazil and Argentina price of soybean and corn crops both increased.

Moving forward we believe weather conditions in South America will continue to play a role in market direction and supply confidence for agricultural grains. It will be tensions and rhetoric around the Ukraine border however where the grain traders will continue to keep a close eye.

Author: Ateev Dang is a trader and trading coach by profession. He runs his own business called Glow trades Pty Ltd where he teaches anyone who is interested in starting on their trading journey how to trade. He can be contacted at adang@glowtrades.com.au.

Disclaimer: 

The writers’ opinions in the above article are his own and do not constitute any financial advice whatsoever. Nothing published by The Australia Today constitutes an investment recommendation, nor should any data or content publication be relied upon for providing any investment activities.

We strongly recommend that you perform your own independent research and/or speak with a financial advisor or qualified investment professional before making any financial decisions.

Please Help to find Indian man Sathyendra Subbanna, urges Police

Missing person Sathyendra Subbanna; Image Source: NSW Police
Missing person Sathyendra Subbanna; Image Source: NSW Police

NSW Police is appealing for public assistance to locate an Indian origin man missing from the Minto area in Sydney.

Sathyendra Subbanna, aged 62, was reported missing to Police officers attached to Campbelltown City Police Area Command on Thursday 13 January 2022, after he failed to return to work after time off.

Sathyendra is described as being of Indian Sub- Continental appearance, about 165cm tall, of medium build, with short grey hair and grey/white moustache.

He was seen wearing black button up shirt, black jacket, black long pants, black and white shoes, black hat and carrying a white/grey backpack with a large yellow smiley face.

Initial Police inquiries revealed he was last seen leaving a home on Cochrane Street, Minto, on Tuesday 14 December 2021.

He was last seen on CCTV footage leaving a hotel on Bong Bong Street, Kiama, about 9am on Saturday 18 December 2022.

Police hold serious concerns for Sathyendra’s welfare.

He is known to frequent the Campbelltown area and areas of the South Coast including Kiama and Jervis Bay.

Anyone with information about Sathyendra’s whereabouts is urged to contact Crime Stoppers on 1800 333 000.

Anyone with information about this incident is urged to contact Crime Stoppers: 1800 333 000 or https://nsw.crimestoppers.com.au. Information is treated in strict confidence. The public is reminded not to report information via NSW Police social media pages.

Ash Barty wins Australian Open women’s title, dominates Collins in final

Ash Barty wins Australian Open women's title: Image Source: Australian Open
Ash Barty wins Australian Open women's title: Image Source: Australian Open

World number one Ashleigh Barty won the Australian Open women’s title on Saturday night by defeating Danielle Collins in the final. 

Barty is the first Australian woman in the 44 years since the last homegrown champion, Chris O’Neil, held an Australian Open singles trophy. She defeated Collins of USA by 6-3, 7-6 in the final at the Rod Laver Arena. 

Barty’s Australian Open victory is her third Grand Slam title after winning Roland Garros in 2019 and Wimbledon last year, while she ends a long drought for Australian women at their home major that has endured since Chris O’Neil won the crown in 1978. 

The 25-year-old didn’t lose a set en route to lifting the Daphne Akhurst Memorial Cup for the first time and extended her head-to-head record over Collins to four wins from their five encounters. 

Ashleigh Barty said it was a ‘little bit surreal’ after she won the Australian Open women’s title on Saturday night by defeating Danielle Collins in the final. 

“It was a little bit surreal,” she said afterward.

“I think I didn’t quite know what to do or what to feel, and I think just being able to let out a little bit of emotion, which is a little bit unusual for me. Being able to celebrate with everyone who was there in the crowd, the energy was incredible tonight.” 


“Being able to understand how much work my team and I have done behind the scenes and over the last few years, to get to this point to be able to have this opportunity was really special. I think it just kind of all came out at once – a really, really special moment,” she continued. 

Barty’s Australian Open victory is her third Grand Slam title after winning Roland Garros in 2019 and Wimbledon last year. 

“I honestly just thought how lucky am I that I’ve got so many people here that love me for me, and got to experience this with me. Because I was gutted when mum and dad and some of my team couldn’t be there in Paris and in London.” 

“I think to be able to have almost everyone here was really, really special, and to do it at home and to be able to do it with them experience it with them was really special. Yeah, mum was always going to be the first one that I gave a hug to,” the world number one added.

Collins, 28, was playing in her first major final in her 17th main draw appearance, and her career-best run at a Slam will see her crack the top 10 for the first time when the post-Australian Open rankings are released on Monday. 

TGA approved Pfizer booster for 16–17 year olds in Australia

Teen Vaccination; Image Source: @CANVA
Teen Vaccination; Image Source: @CANVA

Therapeutic Goods Administration’s (TGA) has provided approval of the Pfizer COVID-19 booster dose for young people aged 16–17 years old in Australia.

The advice from the TGA is the first step of a two-stage process, with further advice, including the timeframe that a booster should be administered after the second dose, to be provided by the Australian Technical Advisory Group on Immunisation (ATAGI).

Advice from ATAGI is expected to be provided to government shortly.

We know that two doses of a COVID-19 vaccine provides very good protection, especially against severe disease.

A booster dose potentially makes sure the protection from the first two doses is even stronger and longer lasting, helping prevent the virus from spreading and new variants from emerging.

The provision of booster doses for sixteen and seventeen year olds will provide further protection and peace of mind for children and their parents. 

Teen Vaccination; Image Source: @CANVA

Australia was one of the first countries in the world to commence a whole of population COVID-19 booster program. Over 7.1 million Australians have already received a booster dose over recent weeks.

Over 93.1 percent of Australians aged 16 and over have completed their primary course of vaccination.

All Australians who are currently eligible for their primary course of vaccination, or for their booster dose, and who have not yet acted are urged to make a booking as soon as possible to get vaccinated.

The Australian Government has secured more than 151 million booster doses for delivery over the coming year and is well placed to continue to achieve world leading vaccination rates against COVID-19.

To book a booster dose please use the COVID-19 Clinic Finder and make your appointment.

Sydney-based 11-year-old Pritish officially World’s Fastest Drummer

Image source: Pritish A. R. - YouTube screenshot.

11-year-old A. R. Pritish has broken the record for the most drumbeats in a minute using drumsticks – 2,370 i.e. almost 40 beats per second.

Sydney-based Pitish started playing drums at the age of five and completed the highest grade exam in the Trinity College of London, Grade 8, for drums in 2020.

In 2021, he created a Guinness World Record for the title “Most drumbeats in a minute using drumsticks” by playing 2,370 beats in a minute.

Image source: Pritish A. R. – YouTube Screenshot.

Pritish is Year 6 student of St Francis Catholic College, Edmondson Park.

During the COVID-19 pandemic, with the support of his family, Pritish continued his music learning journey uninterrupted online.

Image source: https://kids.guinnessworldrecords.com/

The previous record of 2,109 drumbeats in a minute was set by Siddharth Nagarajan (India) in 2017.

The drumbeats are measured using a drumomoter and also recorded using  a pressure sensitive microphone.

This is counted by experienced technicians and sound engineers who corroborate the drumometer’s reading. 

Image source: https://kids.guinnessworldrecords.com/

WATCH VIDEO: Pritish A R – Official World’s Fastest Drummer – Breaks Guinness World Record

Who Drafted and How ‘Indian’ is the Indian Constitution

Constitution of India; Image Source; esamskriti.com
Constitution of India; Image Source; esamskriti.com

By Sanjeev Nayyar

  • What was the process of drafting the Indian Constitution?
  • Was the Constitution an original document? How relevant to India is a Constitution ie based on Western concepts?

The above got me curious and wanting to know how did the Indian Constitution come into being, who all were involved in drafting it and if the holy book was an original piece of work? Read on. 

The Constituent Assembly (CA) appointed a number of committees to consider and report on various important matters for which provision had to be made in the constitution. By August 1947, the broad principles as set out in the recommendations of these committees had been discussed in the CA.

The Constitutional Advisor, Sir Benegal Narsing Rau, undertook the preparation of a draft embodying the various decisions of the Assembly based on the reports of its committees. It contained 240 clauses 13 schedules. 

Few know that the first draft of the Constitution of India was prepared by Sir B N Rau in October 1947. 

Almost every clause of the first draft had a marginal note giving references to the corresponding provisions in other constitutions or in the Government of India (GOI) Act 1935. Here are some examples. 

Clause 12 (1) Right to Equality: Equal opportunities for all citizens in the matter of employment under the State. (Cf. Government of India Act 1935, ss 275 and 298).

Clause 15 Right to Freedom: Liberty to exercise the following rights subject to public order and morality i.e. speech and expression, assemble peacefully without arms, to form associations or unions, move freely throughout the territories of the federation. (Cf. Irish Constitution, Art 40 (6). Constitution of Danzig, Art 75).

Clause 16 Protection of life and liberty and equality before law: No person shall be deprived of his life or personal liberty without due process of law, nor shall any person be denied equality before law within the territories of the Federation. (Cf U.S.A Constitution (1868), Art XIV, S. I, Irish Constitution Arts 40(1) and 40(4).

Clause 20 – Rights relating to religion: Subject to public order, morality and health and to the other provisions of this Part, all persons are equally entitled to freedom of conscience and the right freely to profess, practice and propagate religion. (Cf. Irish Constitution, Art 44(2)1). 

Clause 55 – There shall be a Council of Ministers with the Prime Minister at the head to aid and advise the President in the exercise of his functions. (Cf. Government of India Act, 1935, s 10, and Irish Constitution, Art 28 (1). 

The source of what we call Central subjects today, called Federal Legislative List was in the first draft. (Cf. Government of India Act 1935, Seventh schedule, para 3).

In fact, it was the Provincial Legislative List, based on the 1935 Act that stated, agriculture and the right to tax agricultural income were State subjects. Eighty-five years later, India and her agricultural needs have changed but this rule remains. 

Clause 75 Definition of “Money Bills” 1935. (Cf. GOI Act 1935, s.37; Commonwealth of Australia Constitution Act, Ch 1, s.53, and Irish Constitution Arts 22 (1) 1and 2).

These are only a few examples of clauses drawn from other constitutions and the GOI Act, 1935. The said Act was passed by the British Parliament and was based on a report by a Joint Select Committee, led by Lord Linlithgow. 

Many of these clauses form part of our Constitution even though the exact wordings might have changed. In all subsequent deliberations of the committee, the first draft constituted the basic document and working paper.

Returning to the making of our constitution the Order of Business Committee, in its report dated July 9, 1947, recommended by the CA the appointment of a committee. Thus, the CA adopted a resolution dated August 29, 1947 that authorised the appointment of a Drafting Committee (DC) to scrutinise the draft of the constitution prepared by the Constitutional Advisor, Sir B N Rau.

The DC consisted of seven members – Alladi K Ayyar, N G Ayyangar, B R Ambedkar, K M Munshi, B.L. Mitter, D.P. Khaitan and Mohammad Saadulla. When Khaitan died T T Krishnamachari was nominated. N Madhava Rau replaced B L Mitter who resigned due to ill health. 

At its first meeting held on August 30, Dr Ambedkar was elected chairman of the DC. Thereafter, the DC met on 42 days starting October 27, 1947 and spent considerable time discussing each article of Rau’s first draft.

The DC submitted a Revised Draft Constitution to the President of the Constituent Assembly on February 21, 1948. It contained 315 articles and 8 schedules. In his covering letter, Ambedkar was gracious enough to place on record the DC’s gratitude to Sir B N Rau and Shri S N Mukherjee, Joint Secretary and Draftsman.

The DC was criticised by those who were looking for originality in the document. 

Whilst addressing the CA on 4 November 1948, Ambedkar said (excerpts), “It is said that there is nothing new in the draft Constitution, that half of it has been copied from the GOI Act of 1935 and the rest of it has been borrowed from the constitutions of other countries. One likes to ask whether there can be anything new in a constitution framed at his hour in the history of the world.” 

Responding to the accusation that the Draft Constitution has re-produced a good part of the GOI Act, 1935 Ambedkar added, “I make no apologies. There is nothing to be ashamed of in borrowing. It involves no plagiarism. Nobody holds any patent rights in the fundamental ideas of a Constitution.” Worshipping False Gods by Arun Shourie pg 575.

I must admire Dr Ambedkar for being forthright and honest.

The period from February 1948 to November 1949, when the Constitution was finally adopted by the Constituent Assembly is a vital part of the evolution of our Constitution because a number of historic events took place during that period which influenced the discussions on the provisions of the Constitution. For e.g. the integration of Indian States, abolish of special privileges of religious minorities whilst retaining privileges for backward and depressed sections like Scheduled Castes and Scheduled Tribes, Centre-State relations.

The Draft Constitution, as prepared by the DC was widely circulated. A Special Committee was formed on April 10 and 11, 1948 to review the draft esp. those provisions which departed from decisions taken by the earlier assembly.

The DC met again in October 1948, to review the whole position in light of the feedback by the Special Committee. Thereafter Ambedkar, as Chairman of the DC, made a fresh report to the President of the Assembly, indicating amendments which the Committee had selected for being moved in the Assembly.

The Draft Constitution was introduced in the Assembly on November 4, 1948. It was discussed for over a year before being adopted on November 26, 1949, when the President authenticated it. The Republic of India established by the Constitution came into being on January 26, 1950; and on that day the Constituent Assembly ceased to exist.

Constitution-making by the Assembly took nearly three years i.e. from December 9, 1946, to November 26, 1949. Sir Rau, Shri S N Mukherjee, members of various committees of the CA and the DC contributed to its making. 

It is easy to find fault with the Constitution today. To be fair, we must visualise the state of India in the aftermath of independence and partition and the challenges faced then.

Having said that, Viceroy Linlithgow made a valid point in August 1940, “The framing of the new constitution should originate from Indian conceptions of the social, economic and political structure of Indian life.” 

It appears the drafting committee missed his advice. An example is the September 2018 Apex Court order in the Sabarimala case, where the expression “religious denomination” was used to determine whether Ayyappa devotees, constituted a religious denomination under Article 26, had the freedom to manage their own affairs in matters of religion. 

Senior Advocate Arvind Datar wrote, “It is interesting to note that Article 26 is derived from Article 44 of the Irish Constitution, 1937. This Article 44, in turn, was based on Article 114 of the Constitution of Poland, 1921.” The concept of the religious denomination is of Judeo-Christian origin and used in the context of defined denominations that exist in Christianity yet we apply it to India, where followers of Dharma are in majority. 

Whilst acknowledging the stupendous work done in drafting a constitution, seventy years is a good time to ask. 

How Bharatiya is our constitution? How adapted is a Western system of justice and law to Indian culture, ethos, identity and practice? Is the Supreme Court motto, यतो धर्मस्ततो जयः Yato Dharmah Tato Jayah, Where there is Righteousness (Dharma), there is Victory (Jaya), reflected in the Constitution? 

These questions are worth pondering over, not only for those educated in Western jurisprudence but for every well-meaning Indian.

The author has liberally borrowed from ‘The Framing of India’s Constitution’ (Volume 3) Editor B. Shiva Rao and expresses deep gratitude to those who contributed to this amazing book of six volumes and does not claim originality for the above facts. These volumes are published by LexisNexis (A Division of Reed Elsevier India (Pvt) Ltd, Gurgaon 122002, Haryana, India.)

When praised Dr Ambedkar was gracious enough to, in his speech for Adoption of the Constitution by the Constitution Assembly made on November 25, 1949, acknowledge contributions to the Constitution-making process by Sir B.N. Rau, members of the Drafting Committee and Mr S.N. Mukherjee, the Chief Draftsman of the Constitution.

Author: Sanjeev Nayyar is a Corporate Trainer, Business Consultant, Chartered Accountant, Columnist since 2003, Committed Photographer & Ex HLL, Star TV.

Disclaimer: The article was first published on esamskriti.com, We have republished it with kind permission from the author. The author is solely responsible for the views expressed in this article. The opinions and facts are presented solely by him, and neither The Australia Today News nor its partners assume any responsibility for them.

Two Indian-origin people awarded highest civilian Honours in Australia

Indian origin people in Australia Day Awards: Image Source: Supplied
Indian origin people in Australia Day Awards: Image Source: Supplied

The Governor-General of Australia, Gen. David Hurley, AC, DSC, FTSE, has announced Honours to 1040 Australians.

This includes awards in the Order of Australia (General and Military Divisions), meritorious awards and recognition for distinguished and conspicuous service in the Australian Defence Force.

Among the awardees are two Indian-origin people:

Mr Deepak-Raj GUPTAMedal (OAM) of the Order of Australia in the General Division Mr Gupta is Patron of Canberra India Council and He was also a Labor member for Yerrabi in the Australian Capital Territory Legislative Assembly from July 2019 to October 2020. He has been awarded for service to the community of Canberra.

Deepak Raj Gupta told The Australia Today, I was pleasantly surprised to see my name on the list.

“It’s a great honour, and I dedicate my success to Indian Australian Community.”

Deepak-Raj GUPTA – Wikipedia.

Born in a middle-class family, Deepak landed in Australia with just 150 dollars in his pocket. He washed cars, worked in restaurants to sustain his studies. He initially studied in Government Senior Secondary School and Graduated from DAV College in the Indian city of Chandigarh.

In Australia, He has worked as an Executive Officer in the Defence Department. He was also the President of the Australia-India Business Council (AIBC) for 10 years and was also a member of the AIBC National Executive Board of Directors.

Mr Gupta made headlines when he became the first Indian origin MLA from the Labor Party in the Australian Capital Territory (ACT) Parliament.

Mr Gupta says he would have loved to see more Indian Australians on the Award list this year. Just imagine, be it transport, hospitality or healthcare Indian Australians have been on the frontline serving the community in difficult times of pandemic.

“We Indian Australians have to unite to get our due recognition, all political persuasions are using us as vote banks without giving that seat on the table.”

“However, I am very confident about the next generation of Indian Australians, which has started to make its mark in all walks of Australian society.”

Professor Prithvipall Singh BHATHALMember (AM) in the General Division of the Order of Australia – Prof. Bhathal is a Consultant Histopathologist. He has been awarded for significant service to pathology, education and mentoring, and to medical research.

A graduate of the University of Adelaide, Professor Bhathal trained in histopathology at the Royal Melbourne, Royal Children’s and Alfred Hospitals. He completed his PhD at the University of Melbourne’s Department of Pathology and followed this with appointments as senior lecturer in Pathology at the University of Queensland and Reader in Pathology at the University of Melbourne.

From 1978 to 1999 he was Professor/Director of Anatomical Pathology at the Royal Melbourne Hospital. In addition to his role as Histopathologist at Melbourne Pathology, he continues to teach and research part-time in the Department of Pathology, University of Melbourne, where he is an Honorary Professorial Fellow.

Professor Bhathal has an international reputation in hepatic and gastrointestinal pathology and was presented the Distinguished Pathologist Award of the International Academy of Pathology in June 2007, and the Distinguished Research Prize of the Gastroenterological Society of Australia in October 2007. He was awarded the Distinguished Pathologist Award of the Australasian Gastrointestinal Pathology Society in October 2019 and was inducted as a Fellow of the American Gastroenterological Association (AGAF) in February 2021.

The Governor-General is continuing to reach out to organisations in Australia and to the general community to increase diversity in nominations.

Image source: Gov. Gen. David Hurley, AC, DSC, FTSE – Governor General.

Congratulating the awardees, Gen. Hurley said:

”Congratulations to the outstanding Australians recognised in today’s Honours List. Collectively the recipients, whose achievements span community service, science and research, industry, sport, the arts and more, represent the strength and diversity of Australia. It has been a challenging couple of years and the recipients announced today are a reminder and reflection of the richness of spirit, selflessness and good in our community.”

He added:

“To the individuals being celebrated today; thank you for your contribution to Australia and congratulations on being recognised by your peers and your nation. To all Australians, please consider nominating someone outstanding from your community for recognition in the Order of Australia. The Order belongs to each of us and we each have a part to play. The only way a person can be recognised is for someone to nominate them.”

Of the 732 awards in the General Division of the Order of Australia, the highest ever percentage (47 per cent) are for women and 45 per cent are for service to local communities.

Gen. Hurley observed:

“The fact that the list includes the highest ever percentage of women is very encouraging and I look forward to this positive trend continuing. We will continue to increase awareness and encourage nominations for people from parts of our community that have been historically underrepresented.”

In addition to the 732 recipients of awards in the General Division of the Order of Australia (7 AC, 25 AO, 155 AM and 545 OAM), today’s Honours list includes:

  • 30 recipients of awards in the Military Division of the Order of Australia (3 AO, 16 AM and 11 OAM)
  • 197 Meritorious awards
  • 81 Distinguished and Conspicuous awards

This list also includes 58 Australians recognised for their contribution in support of Australia’s response to the COVID-19 pandemic.

These individuals, recipients of awards in the General Division of the Order of Australia, Meritorious Awards and Military Awards will also be included in an ongoing and permanent COVID-19 Honour roll.

The Indigenous Flag: “It belongs to all Australians now”

The Indigenous Flag:
The Indigenous Flag: "It belongs to all Australians now"; Image Source: Supplied

With a significant deal done by the Federal Government, the symbol of Indigenous Australia is available to all Australians freely to use.

Prime Minister Scott Morrison said the Aboriginal Flag copyright has been transferred to the Commonwealth.

“We’ve freed the Aboriginal flag for Australians,” the Prime Minister said.

It was after long and complex negotiations that the designer of the flag agreed to transfer copyright to the Commonwealth.

The flag was created by Harold Thomas in 1970 to show case the relationship of Indigenous people with the land.

For last 52 years, anyone who wanted to use the flag had to pay a fees and seek permission.

“The Aboriginal Flag will now be managed in a similar manner to the Australian National Flag, where its use is free, but must be presented in a respectful and dignified way,”

Said PM Morrison

“All Australians can now put the Aboriginal Flag on apparel such as sports jerseys and shirts, it can be painted on sports grounds, included on websites, in paintings and other artworks, used digitally and in any other medium without having to ask for permission or pay a fee.”

As part of the copyright transfer, Harold Thomas will retain his moral rights over the flag and the Commonwealth has also agreed that:

  • All future royalties the Commonwealth receives from Flagworld’s sale of the flag will be put towards the ongoing work of NAIDOC.
  • The Australian Government will provide an annual scholarship in Mr Thomas’ honour worth $100,000 for Indigenous students to further the development of Indigenous governance and leadership.
  • The National Indigenous Australians Agency will create an online history and education portal for the flag.
  • An original painting by Harold Thomas recognising the flag’s 50th anniversary and the historic transfer of copyright will be gratefully accepted and displayed in a prominent location by the Australian Government.

Designer of the flag Harold Thomas said “I hope that this arrangement provides comfort to all Aboriginal people and Australians to use the Flag, unaltered, proudly and without restriction.”

“I am grateful that my art is appreciated by so many, and that it has come to represent something so powerful to so many.”

“The Aboriginal Flag design is my dreaming, intertwined with my wife’s family and mine, our ancestral belonging. The land, and the landscape, is indelible in my make-up; it courses through my consciousness and subconsciousness.”

“The Flag represents the timeless history of our land and our people’s time on it. It is an introspection and appreciation of who we are. It draws from the history of our ancestors, our land, and our identity and will honour these well into the future,” Mr Thomas added.

Minister for Indigenous Australians Ken Wyatt said securing the free use of the Aboriginal Flag was profoundly important for all Australians.

“The Aboriginal Flag is an enduring symbol close to the heart of Aboriginal people,” Minister Wyatt said.

“In reaching this agreement to resolve the copyright issues, all Australians can freely display and use the flag to celebrate Indigenous culture. Now that the Commonwealth holds the copyright, it belongs to everyone, and no one can take it away.”

To ensure the flags themselves are of the highest quality and continue to be manufactured in Australia, Carroll and Richardson Flagworld will remain the exclusive licensed manufacturer and provider of Aboriginal Flags and bunting. While this ongoing arrangement covers commercial production, Flagworld is not restricting individuals from making their own flag for personal use.

Mr Thomas has indicated that he intends to use $2 million to establish an Australian Aboriginal Flag Legacy not-for-profit to make periodic disbursements aligned with interests of Aboriginal Australians and the flag.

Smriti Mandhana named ICC Women’s Cricketer of 2021

Smriti Mandhana named ICC Women's Cricketer of 2021; Image Source: @ICC
Smriti Mandhana named ICC Women's Cricketer of 2021; Image Source: @ICC

India opening batter Smriti Mandhana has been named as the winner of the Rachael Heyhoe Flint Trophy for ICC Women’s Cricketer of 2021. 

In the limited-overs series against South Africa where India won just two of the eight matches at home, Mandhana played a major role in both of the wins. She made 80 not out as India chased down 158 in the second ODI that helped them level the series and scored 48 not out in the win in the final T20I.

Mandhana played a sublime inning of 78 in the first innings of the one-off Test against England that ended in a draw. She played an important knock of 49 in India’s only win in the ODI series. Her 15-ball 29 and fifty in the T20I series went in vain though as India fell short in both the matches and lost the series 2-1.

Mandhana was in good touch in the series against Australia, starting with the ODI series where she scored 86 in the second ODI. She compiled a brilliant century in the only Test (the first of her career) and was awarded the Player of the Match. She scored her second T20I fifty of the year in the final T20I, though India fell short and lost the series 2-0.

Memorable performance

Mandhana made India’s first-ever pink-ball Test even more memorable by smashing her maiden century in the longest format.

The left-hander played her natural game, to begin with, and scored a run-a-ball half-century, playing with caution under the lights.

Mandhana was caught on 80 but was given a reprieve after Ellyse Perry overstepped. She made the most of the lifeline, reaching her first Test century in style with a boundary.

Her innings finally came to an end at 127, after putting India in a strong position. The match ended in a draw, and Mandhana was declared the Player of the Match.

A remarkable journey of Dr Ashwath: From a small town in India to finding source of low-emissions biodiesel in Australia

Image source: Dr Nanjappa Ashwath, Twitter

Dr Nanjappa Ashwath, an associate professor at Central Queensland University, has found an important breakthrough that can potentially end the food-versus-fuel land-use debate in the biofuel sector.

Dr Ashwath has been researching Australian plants for over 40 years and is an acknowledged expert in Central Queensland botany. 

Presently, he is exploring Australian native species for biofuel (bioethanol; eg agave and biodiesel; eg beauty leaf tree) production from degraded landscapes. 

Image source: Calophyllum inophyllum – CIFOR.

Dr Ashwath claims that the beauty leaf tree, or Calophyllum inophyllum, can be grown on marginal land in Australia.

The oils of this tree could be made into the less-profitable medicinal Tamanu oil.

He told ABC News that this tree is similar to a medium-sized mango tree or a macadamia tree with seeds and a kernel inside but with a softer shell.

“The tree produces about 10,000 fruits per tree per year, which equals to it producing up to 4,000 litres of biodiesel per hectare per year – and that’s growing up in a really marginal soil.”

Dr Ashwath who grew up in a small town in Karnataka, India was always fascinated by seeds and plants.

In fact, it was his passion for studying plants and fruits that made him quit civil engineering and join an agricultural university.

Image source: Dr Nanjappa Ashwath, Twitter

After coming to Australia, Dr Ashwath fell in love with Australian native plants and continued to research these plants.

Based on the Hindu belief system, he regards Australian plants as the “Living Gods” that can save our planet from land degradation.

This is due to the Australian plants’ ability to grow in any soil – despite drought, salinity, waterlogging and heavy metals.

Image source: Breakdown of Australia’s theoretical resource potential in petajoules per annum (PJ) Bioenergy Roadmap/ARENA.

In November 2021, the Australian federal government has outlined its commitment to bioenergy in its release of the first Bioenergy Roadmap.

According to this roadmap, by the 2030s, the biofuel sector could contribute about $10 billion in extra GDP per year with 26,200 new jobs.

Image

Further, it will reduce emissions by about 9%, divert an extra 6% of waste from landfills, and enhance fuel security.

Federal Energy Minister Angus Taylor who commissioned the Australian Renewable Energy Agency to develop the roadmap, also announced $33.5 million in funding to implement it. 

Image source: ARENA.

Dr Ashwath adds that the overall demand for biodiesel has remained low in Australia as people opt for cheap traditional petroleum diesel.

“There are many inquiries, especially in Indonesia [where] they’re establishing quite large plantations, especially in the islands where they don’t have the supply of the petroleum diesel.”

Dr Ashwath notes that in the coming years’ Australian producers looking for additional income and foreign markets would need to plant thousands of hectares with such plants to earn profit from the biofuel business.

Market Mantra: Australian shares record worse week in more than a year but why?

Australia Market Down; Image Source: @CANVA
Australia Market Down; Image Source: @CANVA

The Australian market wrapped up its worst week in more than a year, hurt by lingering concerns over US Federal Reserve tightening and weaker than expected economic data from China.

Led down by miners with Whitehaven Coal slumping after cutting its forecast for 2022 and Rio Tinto falling after Serbia revoked its lithium exploration licences the ASX 200 declined 3% last week, recording its biggest weekly fall since October 2020.

The loss in ASX was much bigger than the US market slump which saw the Dow Jones lose 0.95%, S&P 500 shedding 1.1% and Nasdaq 100 dropping 1.3% for the week.

Shares of Rio, BHP and Fortescue all lost heavily for the week with Serbia cancelling Rio Tinto’s exploration licences on environmental grounds, whereas investors in Sydney and London approved plans to scrap BHP’s dual listing on Thursday.

Western Australia cancelling plans to reopen its border on 05 February due to risks from Omicron CoVid19 variant also weighed on miners resulting in them plunging 3.8% for the week, their first weekly decline after eight straight weeks of gain.

Energy stocks which were rose for most of last week also saw heavy selling on Friday, losing 3% in their worst session since 20 December, thus giving up all gains it made during the rest of the week.

As we mentioned before the tech stocks continued to get sold heavily this week with Buy Now Pay Later stocks leading to the losses. Afterpay wrapped up its final day of trading on Wednesday, before becoming Block on Thursday. Pay-day lending outfit Before also made its debut on ASX last week, however, its stock price plummeted by more than 44% of its initial offer price on the first day itself.

Afterpay; Image Source: CANVA
Afterpay; Image Source: CANVA

With most central banks across the globe looking at interest rate hikes to counter rising inflation, the Australian investors will be waiting anxiously for next week’s RBA meeting. The meeting will be important to assess the central bank’s views on inflation.

Before that, however, this week the December quarter numbers to be released on Wednesday, a day when markets are closed due to the Australia Day holiday, will be crucial.

With most analysts tipping CPI to increase due to higher prices for food, petrol and clothing it would be important to note if it stays between the RBA comfort range of 2% to 3%. While most analysts expect the CPI to stay at about 2.5% we expect it to likely be lifted to 3.2% due to rising costs.

Overseas the US Federal Reserve meeting on Tuesday and Wednesday and US inflation numbers n Thursday are the big things to watch for.

Gold gained for a second consecutive week as rising inflation and geopolitical risks lifted its safe-haven appeal.

With the market focus now strongly on the US Federal Reserve meeting on 25 and 26 January, there was a very clear flight to safety towards gold from a lot of traders.

Gold; Image Source: @CANVA
Gold; Image Source: @CANVA

Gold bulls also benefited as investors sought cover from worries about a possible extension of US sanctions or new EU measures if Russia attacks Ukraine.

With gold looking bullish in the short term we are of the view that the upside momentum of gold could be hard to maintain due to an expected interest rate rise in the US. A rate hike usually reduces the appeal of holding a non-interest bearing bullion.

Suki Cooper, an analyst from Standard Chartered Bank have forecasted yellow metal’s price to average around $1783 per ounce in 2022.

Oil prices climbed for a fifth week in a row on continued signs of robust demand and strained crude supplies.

On Wednesday, oil prices hit a new seven-year high before giving away some of the gains on Thursday and Friday. The two days of declines however were still not enough to stop oil from recording a gain of 1.6% for the week as geopolitical tensions threatened greater supply shortages.

With oil prices continuing to rise most analysts are growing steadily more bullish. Morgan Stanley has now joined Goldman Sachs Group in forecasting oil to hit $100 per barrel later this year, whereas Bank of America has reiterated that it expects oil to hit $120 a barrel by American summer.

With many of man oil futures contracts now trading into an overbought category on a technical basis, however, Citigroup Inc. cautioned that sticking to a bullish view on the black gold could be dangerous after this quarter.

Oil’s rally has also caught the eye of the White House as it poses a political risk for US President Joe Biden. The US is considering accelerating the release of strategic reserves to control oil prices. With OPEC+ nations however refusing to increase oil output most of the options for President Biden to address the oil rally would be limited and most likely short-lived.

With the market becoming increasingly concerned about slowing economic progress in a rising inflation scenario, or stagflation the Australian Dollar had a roller-coaster of a week.

The local currency gained initially to peak at 0.7276 on Thursday encouraged by some positive Australian economic data.

However, with risk sentiment turning sour the Aussie turned around to close the week unchanged just below 0.7200. The Australian currency however gained against other major currencies such as the British Pound and Euro.

Market Mantra: Representative Picture; ; Image Source: @CANVA
Market Mantra: Representative Picture; ; Image Source: @CANVA

While Australian data did help Australia record a positive week against most major currencies we strongly believe that Australian data released these days hides the fact that the country is going towards stagflation as well.

Australia has only just started reopening after spending most of 2021 in lockdowns. As such that is why the numbers show a boom with record jobs created in November and the unemployment rate contracting to 4.2% from 4.5%. 

The numbers however miss the fact that Australia took longer than most other nations to put the machine back in motion and as such, it is yet to be seen if the country will be able to sustain decent job creation and inflation within decent levels.

The Indian Rupee, on the other hand, had another week of decline as rising oil prices along with FIIs fund outflows from the equity markets further weigh down the Indian currency.

While rising crude and trade deficit has been keeping the Rupee under pressure, it is expected that an interest rate hike in the US can potentially drive away more FII money from India thus making Indian currency lose further ground in the near future.

2022 has gotten off to a rotten start for a lot of investors, especially crypto traders and even a short trading week in the US, with markets closed on Monday in observance of Martin Luther King Jr. day could save both stocks and crypto from falling.

Bitcoin plummeted by more than 11% last week while Ethereum dropped 17% for the week. Soaring coronavirus cases across the globe, disappointing economic data and Fed taper fears all can be blamed for the recent bearish turn.

Bitcoin; Picture Source: @CANVA
Bitcoin; Picture Source: @CANVA

Regulators in the UK, Spain and Singapore also suggested toughening the rules on crypto-asset promotion to inexperienced investors while the Russian Central Bank proposed a complete ban on cryptocurrencies as Bitcoin fell below $38,000 for the first time in six months.

Other coins were also in red with Ether falling below $3000 and Solana, Binance Coin and Cardano also slumping as investors offloaded risky bets in a volatile week.

Bitcoin prices are now down more than 40% from their peak in November 2021, with rumours of a crypto mining ban in Russia, the effects of the tapering program and ongoing regulatory concerns in certain nations adding further pressure.

Having said that, increased use of Bitcoin and adoption in emerging and high inflation economies provide support to digital currencies and create a confusing market picture with no direction or strong momentum in either direction.

In Agricultural products, soybean gained 3% for the week, corn rallied by 2% whereas wheat was up by more than 5% on hopes of strong demand.

Author: Ateev Dang is a trader and trading coach by profession. He runs his own business called Glow trades Pty Ltd where he teaches anyone who is interested in starting their trading journey how to trade. He can be contacted at adang@glowtrades.com.au.

Disclaimer: 

The writers’ opinions in the above article are their own and do not constitute any financial advice whatsoever. Nothing published by The Australia Today constitutes an investment recommendation, nor should any data or content publication be relied upon for providing any investment activities.

We strongly recommend that you perform your own independent research and/or speak with a financial advisor or qualified investment professional before making any financial decisions.

Australia wide Novavax vaccine roll-out starts on February 21, Here’ how to book

Novavax vaccine; Image Source: @CANVA
Novavax vaccine; Image Source: @CANVA

Australians aged 18+ will now have access to a fourth COVID-19 vaccine, Nuvaxovid (Novavax) in the coming weeks after the Australian Government accepted advice from the Australian Technical Advisory Group on Immunisation (ATAGI).

The recommendations from ATAGI follow Australia’s medicines regulator, the Therapeutic Goods Administration (TGA), provisionally approving the Novavax vaccine in Australia.

ATAGI has recommended the Novavax vaccine be given in two doses, at least three weeks apart.

Australia has purchased 51 million doses of the Novavax COVID-19 vaccine. Samples of the Novavax vaccines are set to arrive in Australia in early February to enable TGA batch testing.

Subject to successful TGA batch testing, the Novavax vaccine will be available to be administered from the week of 21 February 2022.

“Australians will be able to access a Novavax vaccine through general practices, community pharmacies, Aboriginal Community Controlled Health Services, Commonwealth vaccination centres, and state and territory clinics.”

All primary care vaccine providers, who are currently participating in the vaccine rollout have already received an expression of interest to administer Novavax.

The vaccine is only approved by the TGA for use in a primary course of vaccination. Studies for its use as a booster dose and in paediatric patients are ongoing.
The vaccine does not have regulatory approval for these purposes at this stage.

ATAGI recommends the Novavax vaccine can be administered to pregnant and breastfeeding women.

It also advises the vaccine can be used for people who are severely immunocompromised and who are recommended to receive three doses for their primary course of vaccination.

ATAGI has noted the vaccine has been demonstrated to be highly effective in preventing symptomatic COVID-19 in adults.

Novavax is the fourth COVID-19 vaccine to be approved for use in Australia after Vaxzevria (AstraZeneca), Spikevax (Moderna), and Comirnaty (Pfizer).

Australia is one of the most vaccinated countries in the world against COVID-19, with more than 48 million COVID-19 vaccines administered across the country and over 95% of Australians 16+ having received the first dose.

If you are due for your first, second or booster shot, or have kids aged 5+ book a COVID-19 vaccine today.
Find a vaccine clinic

Priyanka Chopra, Nick Jonas welcome a baby via surrogacy

Priyanka Chopra and Nick Jonas; Image Source: Instagram
Priyanka Chopra and Nick Jonas; Image Source: Instagram

Actor Priyanka Chopra and her husband Nick Jonas have welcomed a baby via surrogacy.

On Saturday, the couple took to their respective Instagram accounts to share the good news with their fans and followers.

“We are overjoyed to confirm that we have welcomed a baby via surrogate. We respectfully ask for privacy during this special time as we focus on our family. Thank you so much,” Priyanka and Nick posted. 

However, the couple has not revealed the baby’s gender yet. 
Soon after the couple announced the news of becoming parents, social media users showered them with good wishes.

“Congratulations,” actor Lara Dutta Bhupathi commented.

“Omg. This is so special…big big congratulations. The best news,” producer Guneet Monga wrote.

Priyanka and Nick tied the knot in December 2018 after dating for a while.

Indian family frozen to death attempting to illegally cross US-Canada border

Image source: US-Canada border.

Four individuals believed to be Indian nationals have been found frozen to death at the U.S. border in Canada. 

The Royal Canadian Mounted Police (RCMP) found the deceased, – a man, woman, teenager and baby, in a field near Emerson, Manitoba, on Wednesday.

RCMP Assistant Commissioner Jane MacLatchy told media:

“I know that what I am about to share is going to be difficult for many people to hear. It is an absolute and heartbreaking tragedy.”

Ms MacLatchy said that these individuals were victims.

“[They were] left on their own, in the middle of a blizzard when the weather hovered around minus 35 C , factoring [in] the wind.” 

India’s External Affairs Minister S. Jaishankar tweeted his shock.

“Shocked by the report that 4 Indian nationals, including an infant have lost their lives at the Canada-US border. Have asked our Ambassadors in the US and Canada to urgently respond to the situation.”

A Indian consular team was travelling to Minnesota on Friday to assist in the matter.

India’s Ambassador to the U.S., Taranjit Singh Sandhu said on Twitter in reference to Mr Jaishankar’s tweet.

Another team of Indian officials was on its way to Manitoba, India’s Ambassador to Canada, Ajay Bisaria said on Twitter.

In a news conference, Canada’s Prime Minister Justin Trudeau said that his government was working with the United States to prevent people from taking such unacceptable risks.

Mr. Trudeau said that human traffickers had taken advantage of a family’s desire to seek a better life.

“This is why we are doing all we can to discourage people from crossing the border in an irregular or illicit manner.” 

While one American citizen has been arrested in connection with the case, seven other Indians were detained by police in the U.S.

The U.S. Department of Justice charged a 47 year old Florida man, Steve Shand, with human smuggling.

Mr Shand, who was driving a 15-passenger van, had been arrested just south of the U.S.-Canada border on Wednesday as per the U.S. Attorney’s office.

A U.S. Customs and Border Protection (CBP) statement said:

“… Agents encountered five additional people walking on a nearby road experiencing severe signs of hypothermia and frostbite due to exposure to the extreme cold and wind chill. Agents immediately rendered aid, called for Emergency Medical Services and began transporting two of the individuals to an area hospital.”

Amongst the five detained, one person had a backpack that belonged to fellow traveller who had been separated from him.

As per official statement, this bag contained children’s clothes and medicines, a diaper and some toys.

Two of the surviving Indians were taken to the hospital.

A man was discharged and is now back in the custody of U.S. authorities while a woman has been shifted to a hospital in St Paul, Minnesota for advanced care.

Ms MacLatchy urged people not to try the crossing:

“I do understand that for some there may be a great need to get to another country, but this is not the way. You will be risking your life and the lives of the people you care about if you try it.”

Officials are investigating a possible human smuggling operation.

ICC T20 WC 2022: India-Pakistan face off at MCG on Oct 23, Here’ link to buy tickets

MCG on T20 WC; Image Source: Supplied
MCG on T20 WC; Image Source: Supplied

Excitement is building for the ICC Men’s T20 World Cup 2022, following the announcement of the fixtures for the October 16 – November 13 event.

The Men in Blue will be locking horns with Pakistan in their first match of the tournament on October 23 at the Melbourne Cricket Ground. 

The world’s best cricketers from 16 international teams will clash in 45 matches as the pinnacle global event in men’s T20 cricket comes to Australia for the first time.

Matches will be played across Adelaide, Brisbane, Geelong, Hobart, Melbourne, Perth and Sydney, giving fans around the country the chance to see the biggest global sporting event coming to Australia in 2022.

  • Full fixture and links to register for tickets live now at T20WorldCup.com
  • 2014 Champions Sri Lanka to play the opening match of ICC Men’s T20 World Cup 2022 against Namibia in Geelong.
  • Australia to start title defence in opening match of the Super 12 against New Zealand at the SCG in a re-match of 2021 Final.
  • Two of world cricket’s biggest rivals, India and Pakistan, will face each other in a World Cup match at the MCG for the first time.
  • Like the Women’s event in 2020, the Men’s Final will be played under lights at the MCG, on Sunday 13 November 2022.

In the First Round, 2014 champions Sri Lanka and Namibia will play the opening match of the ICC Men’s T20 World Cup 2022 at Kardinia Park, Geelong on Sunday 16 October. They’ll be joined by two qualifiers in Group A.

Two-time champions West Indies will also start in the First Round, joined in Group B by Scotland and two qualifiers in Hobart.

In the Super 12, hosts Australia is in Group 1 with world number one England, New Zealand, Afghanistan, plus the winner of Group A and the runner-up in Group B from the First Round. Group 2 features India, Pakistan, South Africa, Bangladesh, plus the winner of Group B and runner-up in Group A from the First Round.

Hosts and defending champions, Australia will play New Zealand in the opening match of the Super 12 at the SCG on Saturday 22 October in a re-match of the ICC Men’s T20 World Cup 2021 Final.

ADELAIDE, AUSTRALIA – JANUARY 20: 2022 ICC Men’s Cricket World Cup projection on the Adelaide Town on January 20, 2022 in Adelaide, Australia. (Photo by Kelly Barnes/Getty Images for T20 World Cup)

The Black Caps will also face England at The Gabba on 1 November in a re-match of their epic semi-final encounter at the 2021 event.

Two of world cricket’s biggest rivals will go head-to-head at the MCG, with India taking on Pakistan on Sunday 23 October. It will be the first World Cup clash between the two nations at the MCG and comes before two more fierce rivals, Australia and England, meets at the venue on Friday 28 October.

The state-of-the-art Perth Stadium will host a huge Sunday double-header on Sunday 30 October with South Africa taking on India in the evening match. Earlier in the day, Pakistan will be in action against the runners-up from Group A.

PERTH, AUSTRALIA – JANUARY 20: Light projections are displayed on the Bell Tower ahead of the 2022 Men’s Cricket World Cup on January 20, 2022 in Perth, Australia. (Photo by Paul Kane/Getty Images for T20 World Cup)

The semi-finals will be played at the SCG and Adelaide Oval on 9 and 10 November, respectively. It will be the first time the Adelaide Oval will host a World Cup semi-final.

The MCG will host the ICC Men’s T20 World Cup 2022 Final, which will be contested under lights on 13 November 2022.

Full fixtures and ticketing information are available at t20worldcup.com.

Fans must register prior to 31 January to get the best chance of securing their seats, before tickets go on sale to the public on 7 February.

Ticket pricing remains the same as the postponed 2020 event with children’s tickets available for every First Round and Super 12 match from $5, and adult tickets available at select matches in each host city from $20.

SYDNEY, AUSTRALIA – JANUARY 20: Light projections are displayed on The Sydney Harbour Bridge ahead of the 2022 Men’s Cricket World Cup on January 20, 2022 in Sydney, Australia. (Photo by Brendon Thorne/Getty Images for T20 World Cup)

International Cricket Council CEO Geoff Allardice said: ““T20 is the global growth format for cricket and the ICC T20 World Cup 2022 will play a huge role in inspiring our next generation of players and fans as the world’s best players descend on Australia and showcase the very best of our sport. The release of fixtures is always a great moment in the delivery of a World Cup as fans start to get excited about opening games, head to heads and knock-out stages.

“This schedule offers so much, from the 2014 Champions Sri Lanka opening the event, to our defending champions Australia starting with a rematch of the 2021 Men’s T20 World Cup Final against New Zealand and of course India taking on Pakistan at the MCG. We know that hundreds of thousands of passionate cricket fans will turn out to support every single one of the 16 teams across all seven of our host cities which is what makes it so special for the players. You only need to cast your mind back to the brilliant ICC Women’s T20 World Cup 2020 in Australia to know that this is going to be a wonderful event for players and fans alike.”

ICC T20 World Cup Local Organising Committee CEO, Michelle Enright said; “The release of the fixtures gives fans the opportunity to start planning their T20 World Cup experience, which is now just 268 days away.”

“By having matches spread across the nation in seven host cities and making tickets accessibly priced, we are hoping as many people as possible will be able to experience the incredible atmosphere that international fans bring to global sporting events, as well as the unique, fast-paced and unpredictable nature of T20 cricket.”

“World Cups are about bringing people from all backgrounds and cultures together and we hope to safely host over 800,000 fans at Australia’s iconic cricket venues later this year.”

BRISBANE, AUSTRALIA – JANUARY 20: Light projections are displayed on a city building ahead of the 2022 Men’s Cricket World Cup on January 20, 2022 in Brisbane, Australia. (Photo by Bradley Kanaris/Getty Images for T20 World Cup)

FIXTURE HIGHLIGHTS

  • Adelaide will see 10 different teams play Super 12 matches in a festival of cricket with India to feature on the first night at Adelaide Oval against Bangladesh on 2 November. Australia will be in action on a Friday night against local Adelaide favourite Rashid Khan and Afghanistan on 4 November.
  • Brisbane will host four Super 12 matches with Australia, England and New Zealand to feature on consecutive nights on October 31 and November 1 respectively.
  • 2014 champions Sri Lanka will feature in the opening match of the event against Namibia at Kardinia Park, Geelong on 16 October 2022 in the First Round.
  • Hobart will see the power-hitters of West Indies play three First Round matches at Bellerive Oval, starting on 17 October 2022.  Hobart will also host three Super 12 fixtures.
  • The state-of-the-art Perth Stadium will host five Super 12 matches with defending champions Australia to play a night match against the winners of Group A on 25 October. Perth Stadium will also be lit up on the opening night of the Super 12 with world number one England taking on Afghanistan.
  • On Thursday, 3 November, Pakistan takes on South Africa in a showcase of the fastest bowlers in the world in a night match at the SCG, with the likes of Shaheen Afridi, Haris Rauf, Kagiso Rabada and Anrich Nortje on display.

India extends international flights ban till 28 February, Find out if Australia is affected

India-Travel-ban; Image Source: @CANVA
India-Travel-ban; Image Source: @CANVA

Amid rising concerns over the Omicron variant of COVID-19, India’s Directorate General of Civil Aviation (DGCA) extended the ban on commercial international passenger flights till February 28. 

A circular issued by DGCA said, that the competent authority has decided to extend the suspension of Scheduled International commercial passenger services to/from India till 23.59 hrs IST of February 28, 2022.

It further reads this restriction shall not apply to international all-cargo operations and flights specifically approved by DGCA. 

However, flights under air bubble arrangement will not be affected.
India has a travel bubble arrangement with Australia. All commercial flights under this arrangement are exempted from this travel ban.

No more 72-Hour isolation requirement for International arrivals in NSW And Victoria from 21 December; Picture Source: @Qantas
No more 72-Hour isolation requirement for International arrivals in NSW And Victoria from 21 December; Picture Source: @Qantas

All concerned authorities have been asked to acknowledge the receipt and ensure strict compliance. 

Due to the coronavirus pandemic, international passenger services have been suspended in India since March 23, 2020.

Earlier, on December 9, DGCA had extended the ban till January 31.

“The police will catch you”: 42,000 Rapid Antigen Tests stolen in Sydney

Rapid Antigen test kits; Image Source: @CANVA
Rapid Antigen test kits; Image Source: @CANVA

New South Wales (NSW) Police were called after man walked into the freight depot in Mascot and “took possession” of the COVID-19 tests worth more than $500,000.

At present, Australia continues to grapple with a shortage of Rapid Antigen Tests (RAT).

People have reported price gouging which has been called “beyond outrageous” by the Australian Competition and Consumer Commission (ACCC).

Image source: Rod Sims, the Chair of the ACCC.

Rod Sims, the Chair of the ACCC, told media that the agency has received reports of RATs costing up to $500 for two tests through online marketplaces.

He added that it is costing more than $70 per test through convenience stores, service stations and independent supermarkets.

Despite wholesale RAT costs being up to $11.45 a test, ACCC says prices for the kits are often retailing between $20-$30.

A police spokesperson told media that the incident happened on Tuesday afternoon:

“The incident was reported to police and inquiries are continuing.”

Image source: NSW Premier Dominic Perrottet – Twitter.

NSW Premier Dominic Perrottet has now warned the perpetrator.

“At a time when everyone across our state has made incredible efforts in keeping people safe, in making sacrifices, what a disgraceful act. The police will catch you.”

Discriminatory Rule: Sikh medical students forced to shave in order to pass the face mask fit test or defer the year in Victoria

Image source: Elastic rubber band beard cover worn over turban and head cloth.
Image source: Elastic rubber band beard cover worn over turban and head cloth. "Under-mask beard cover (Singh Thattha technique) for donning respirator masks in COVID-19 patient care" 2020.

A medical student Mr Singh (He doesn’t want to be identified), based in Melbourne recently took to Twitter to raise an important issue regarding the use of Tight-fitting respirator face masks.

Tight-fitting respirator face masks such as N95 or filtering facepiece (FFP3) masks are essential respiratory protective equipment during aerosol-generating procedures in the coronavirus disease 2019 (COVID-19) environment. 

We have removed Mr Singh’s tweet as per his request.

According to Emma Andollie, an Occupational Health and Safety nurse, international standards, Australian standards and respirator manufacturers all require people to be clean-shaven when wearing a respirator.

As the function of a close-fitting respirator relies on an effective seal to the skin there should be no foreign substance or facial hair between mask and skin when testing.

However, Prof Brett Sutton who is the Victorian Chief Health Officer responding to his query clarified that “There are no pandemic orders that require you to shave or cut your beard to wear a mask.”

The rule is very clear that a medical practitioner “must meet OH&S requirements but religious exemptions also apply.”

Individuals unable to shave due to personal or religious reasons such as Sikhs are often recommended to use alternatives such as powered air-purifying respirators (PAPRs). 

Nitin Arora, Digital Editor of JICS, and Dr Christian Karcher, University of Melbourne, also pointed to the “use the Drager 8000 PAPR hood” and “3M Versaflo systems” by bearded medical practitioners.

Such types of equipment are also being used by some Sikh medical practitioners in the UK during the pandemic.

However, researchers note that such “alternatives are expensive, limited in supply, and cumbersome to use.”

He is confident that as a medical student during such unprecedented times he has a “reasonable, safe, evidence-based solution, and there is space for equal opportunity to be upheld.”

Researchers of a scientific study conducted in 2020 note that there is “no evidence in the literature to suggest why, instead of shaving, the facial hair-factor cannot be overcome with an under-mask beard cover.”


Image source: Elastic rubber band beard cover worn over turban and head cloth. “Under-mask beard cover (Singh Thattha technique) for donning respirator masks in COVID-19 patient care” 2020.
Image source: FFP3 and Stealth face masks donned with the beard undercover in place. “Under-mask beard cover (Singh Thattha technique) for donning respirator masks in COVID-19 patient care” 2020.

They add that using the Singh Thattha technique obtains a pass rate of 25/27 (92.6%) by qualitative and 5/5 (100%) by quantitative fit test in full-bearded individuals. 

The authors of this study also note that “for individuals for whom shaving is not possible, the Singh Thattha technique could offer an effective solution to safely don respirator masks.”

3M Versaflo systems; Image source: 3M Versaflo systems - Twitter.
Image: 3M Versaflo systems; Image source: 3M Versaflo systems – Twitter.

Now, the question is does Mr Singh’s predicament sound like religious discrimination or an essential feature that saves the medical practitioner from harm?

As similar stories have come forward from Queensland where male Sikh nursing students are finding it hard to gain placement unless they either cut beard for clean shaven look or defer for next year.

Image source: Facebook group post screenshot.

International students and backpackers will get $630 visa rebate, Here’ details

International Students; Image Source: @CANVA
International Students; Image Source: @CANVA

PM Scott Morrison announced his government will rebate visa application fees for international students and backpackers who come to Australia and help ease the workforce shortage.

Prime Minister Scott Morrison said this $630 fee rebate for international students would be covered for the next eight weeks.

He said there are 150,000 international students and 23,500 backpackers with visas and his message were clear – “come on down”.

“We want you to come to Australia and enjoy a holiday here … move all the way around the country,”

Mr Morrison said.

“We’ve relaxed the 20-hour rule when it comes to student visas and that they can be working more than 20 hours. I want to stress, though, when it comes to working holidaymakers, that we haven’t changed any of the rules around the regional requirements. That’s very important because we still need people working in those regional areas.” 

“At the same time, join our workforce and help us in our agricultural sector, in our hospitality sector, and so many of the other parts of the economy that rely on that labour.”

“For backpackers, it will be 12 weeks, 12 weeks from today. If they turn up within the next 12 weeks, they will get their visa application fee rebated by the Department of Home Affairs. Anyone who applies for one and turns up within the next 12 weeks, will also have their visa application fee rebated.”

Back-packer; Image Source: @CANVA
Back-packer; Image Source: @CANVA

Regarding international students, Mr Morrison said he was encouraging them to be back for the start of the university year as a “thank you for choosing Australia”.

“But we also want them to come here and to be filling some of these critical workforce shortages, particularly those who are working and being trained in health care, aged care, those types of sectors, that will be incredibly helpful,” he said.

The government will also give $3 million to Tourism Australia for a marketing campaign targeting backpackers and students.

NSW and Victoria cuts booster interval to three months

COVID Vaccination Centre; Image Source: @CANVA
COVID Vaccination Centre; Image Source: @CANVA

NSW and Victoria’s residents can now get their COVID-19 booster shot sooner, with both the governments shortening the interval from the second dose down to three months at state hubs.

Victoria recorded 20,769 new COVID-19 cases and 18 deaths on Wednesday, 10,726 from PCR tests and 10,043 from rapid antigen tests.

Victoria’s Premier Daniel Andrews said public health teams recommended the wait time between COVID-19 second dose and booster be reduced from four months to three “effective immediately”.

“The total number of people eligible increases substantially by two million Victorians and it will help us get more people third-dose boosted quicker than would otherwise be the case,”

explained Mr Andrews.

Meanwhile, 20 Australian Defence Force personnel will arrive in Victoria on Thursday, to help with driving ambulances and freeing up paramedics.

Prime Minister Scott Morrison announced the extra support on Wednesday after Mr Andrews requested assistance. 

There are also 12 Australian Public Service workers helping Victorian authorities to take triple zero calls, due to rising demand. 

It comes as a “code brown” declaration for Victoria’s hospital system that came into effect at midday on Wednesday. 

There are 1173 Victorians in hospital with COVID-19, an increase of 21 on Tuesday’s figures, of which 125 are in ICU and 42 on ventilation.

Walk-up vaccinations will be available and are encouraged at a number of state-run centres, including:

•             Royal Exhibition Building (walk-up access available 8:00am to 8:00pm daily during the blitz)

•             Latrobe University Bundoora (walk-up 8:00am to 8:00pm)

•             Sandown Racecourse (walk-up 9:00am to 6:30pm Saturday and Sunday)

•             Dandenong Plaza (walk-up 9:00am to 5:00pm Saturday and Sunday)

•             Frankston’s Bayside Centre (walk-up 9:30am to 5pm Saturday and Sunday)

•             Sunshine Hospital (walk-up 8:00am to 8:00pm)

•             Bendigo Vaccination Hub (walk-up 9:00am to 8:00pm)

•             Ballarat Mercure (walk-up 8:30am to 3:00pm Sunday)

Authorities are expecting hospital admissions from the current Omicron wave to skyrocket in the coming weeks, prompting the code brown alert to ensure hospitals can postpone or defer less urgent care.

Vic & NSW premiers
Vic & NSW premiers

New South Wales

The four-month interval was to drop to three months on January 31, in line with federal government rules for GPs and pharmacies.

Premier Dominic Perrottet said, “As we are clearly seeing boosters are key to keeping yourself, your friends and your family safe.”

The state’s clinics can provide 250,000 shots a week but delivered about 180,000 last week.

“It’s awful for us to see our bookings in our clinics go begging,” NSW Health Deputy Secretary Susan Pearce said.

Triple-dosed adults now sit at 27.8 per cent, despite more than half of adults being eligible.

Some 300,000 people are currently isolating with COVID-19, while another 550,000 have been infected in the past four weeks.

Adults can proceed with their booster schedule four to six weeks after being infected with COVID-19, Chief Health Officer Kerry Chant said.

Vaccine body ATAGI is currently working through official guidance.

It comes as the deaths of 20 men and 12 women were reported on Wednesday, including three aged in their 40s and 18 people aged over 80.

One in four deaths were of unvaccinated people, while only five people had had a booster.

“No matter where you are in NSW or indeed Australia, you are vulnerable,” Health Minister Brad Hazzard said.

The number of COVID-19 hospital patients rose 13 to 2863, with ICU numbers up eight to 217.

The health minister said half of those in ICU were unvaccinated.

Unvaccinated people make up only five per cent of the NSW adult population, and 18 per cent of the total population.

Infections appear to have stabilised, with 32,297 new cases including 12,450 from rapid antigen tests.

It’s the fourth straight day under 35,000.

The NSW Labor opposition wants schools turned into vaccination hubs, a plan to ensure schools remain operational when teachers get sick, and advice for families in multiple languages.

NSW and Victoria are due to present a united schooling plan to the national cabinet on Thursday.

Swift Horses Sharp Swords: A story of valour, ruthless conspiracies and epic catastrophes

“Swift Horses Sharp swords: Medieval battles which shook India” by Amit Agarwal; Image Source: Supplied
“Swift Horses Sharp swords: Medieval battles which shook India” by Amit Agarwal; Image Source: Supplied


By Amit Agarwal:

It gives me immense pleasure to state that my book on Indian medieval history titled “Swift Horses Sharp swords: Medieval battles which shook India” has been received well in the market.  

Though the book tells the story of the roots and trail of the invasions into India in the early medieval era starting from the 8th century till the 14th century, it starts with the Indus Valley civilization of ancient India and discusses the glory and progressiveness of the Hindu civilization.  

The book, thus, can be loosely divided into three discrete parts. The first part has chapters on the rise of Hinduism and Buddhism and how India had tremendous influence over the Silk Road and South-East Asia. A full chapter was devoted to the history of holy Swastika. This section is included to show the meteoric rise of India in ancient times and create a striking contrast to show the decline and savagery in the medieval era.

Second section deals with the Arabic and Turkish invaders from the 7th century till the 12th century and why Indian kings and warriors were defeated. It begins with the first Islamic conquest by Arabs and ends with Mohammed Ghori’s invasion, resulting in the establishment of the Delhi Sultanate which remained in power for four centuries.

The underlying factors and conditions of the crushing defeats are examined in detail. The crucial mistake which the Hindu kings committed was not to have a forward policy under which they would have taken battles to the enemy’s lands, across the Khyber Pass. Instead, they kept on allowing the invaders to come to the Indian plains of Punjab and Sindh where the Turkish cavalry had the maximum efficiency.

Otherwise, there was no dearth of individual bravery on the part of Indian warriors and there is hardly an instance where a Hindu king fled from the battlefield. They continued to display great heroism and posed resolute resistance. The strategy and tactics on the battlefield remain our Achilles’ heel, even to this day. The book also has a full-fledged chapter on Kashmir which tells its complete but abridged hair-raising history.

The third part primarily deals with the overall analysis and interesting anecdotes. One chapter delineates the penchant of the invaders to create pyramids of human heads with horrific details. Another chapter dealt with how geometric mean came to be used to count the number of dead. It also examines the use of horses and elephants on the battlefield.

Elephants, especially, were costly to maintain and often proved to be a liability on the battlefield. Still, they remained the status symbol of the Indian kings and even in the 16th century, Vijayanagara kings employed them in the battle of Tallikota, much to the delight of Islamic sultans.

Even though India was the richest country of that era, it somehow failed to invest in military technology. It draws a significant lesson here that weakness in defence would outdo all the progress in arts, architecture and business.

A lesson that even today holds true. On the other hand, Turks, despite being poor, remained invested in new technology and invented sturdy Chainmail armour, solid tree saddle and metallic stirrup. They were the first ones in the world to use packaged dried meat that just had to be boiled and added with salt and it was ready to eat. Turks could even fire 6 arrows per minute accurately while on the galloping horse. Their horses were sturdy and the best in the world who could cover 100 km per day which enabled them to come from Ghazni in Afghanistan to Panipat in Northern India in just 10 days. They had just one rule that there was no rule on the battlefield or outside. They employed every trick in the book to win at any cost.  

The book has an epic sweep of the horrific events, which changed the trajectory of the history of India forever, and introduced it to a strange alien religion whose brutality the country had never experienced before. 

It also deals with the certain weaknesses of Hindu society and pin-points “Dharmayudda” and “Caste system” as the other major reasons for the defeat at the hands of the invaders. It also has some unique topics like temple economy, ethnic fractionalisation and Buddhist connections to the Silk Road. 

The book contains the stories of the unsung heroes like Bappa Rawal, Jaipal, Suheldev, Pulkeshin and Nayaka Devi among others who won the day at critical moments and stopped a complete annihilation of Bharat; and sadly, about whom very few know.

There are sad tales of how, over the years, Hindus have been conditioned to revere the brutal Islamic warriors as great Sufis, saints, and secular Kings, despite them killing and raping millions of Hindus because of their fanaticism and intolerance. I have been particularly honest to not shy away from the brutality that was unleashed during the invaders’ rule in medieval India.

I have also brought interesting anecdotes, ruthless conspiracies and epic catastrophes of the era while presenting not just a linear view of history but an integrated look with sociological and strategic observations. I incorporated an engaging style, crisp and sharp walking through the history and relating the historical events with contemporary knowledge of game theory, chaos and scatter/randomness, without compromising on the historical accuracy.

The content is from authentic sources, narrated seamlessly to keep the readers’ interest alive till the very end. Numerous illustrations, whether they be maps, data and charts, were also included to give it a well-defined look. 

This is a history book with a difference to tell what went wrong with Indian warriors to lose battle after battle for centuries and what were the strengths due to which we escaped being annihilated. What important lessons can be drawn which are still relevant? 

It is well known that in the last two millennia, 46 out of 48 thriving civilizations like Egyptian, Persian, Greek and Roman bit the dust due to rampant invasions. Ours is one of the remaining two, yet still not immune to incessant pressures to undermine it. The book is hence a sincere attempt to reclaim our rich civilization, lest we end up in the museums.

The book has garnered 92 verified reviews on Amazon with healthy 4.4 ratings. The book is available on Amazon at the following link: 

I sincerely request everyone to give the book a good look and a gentle read.

8 must-have items if you test positive for COVID-19

COVID Kit; Image Source: @CANVA
COVID Kit; Image Source: @CANVA

With the rapid surge in Omicron cases, Australians should be prepared in case they test positive for COVID-19.

If you have symptoms you should visit your nearest testing clinic as soon as possible.

Many people who contract COVID will experience mild symptoms and feel better in 3-4 days. While a small portion of people may feel quite unwell for 7-14 days.

Here’s a list of severe symptoms that need urgent medical attention:

  • difficulty breathing
  • an oxygen level of less than 92% when tested with a pulse oximeter
  • blue lips or face
  • pain or pressure in the chest
  • cold and clammy, or pale and mottled, skin
  • fainting or collapsing
  • being confused
  • becoming difficult to wake up
  • little or no urine output
  • coughing up blood.

If you have no symptoms you should take a rapid antigen test at home.

If you test positive for COVID-19 you must immediately isolate and make a list of close contacts.

Someone is a close contact if they:

  • live in the same house as someone who tests positive
  • spent 4 hours or longer with someone in a home, or health or aged care environment
  • are determined as one by your state or territory health department.

Isolation means staying at home.

  • Do not attend work or school, visit public areas, or travel on public transport, in taxis or ride-share services.
  • You should stay separated from other people in your house. Stay in a separate, well-ventilated room away from other people.
  • If you have an appointment you cannot miss – such as a visit to a doctor, family violence service or police – you must tell them that you have COVID-19.

While in isolation, try to get plenty of rest, drink lots of water and eat well.

Here is a list of items to include in your COVID-19 ready kit:

  1. paracetamol or ibuprofen
  2. electrolyte powder or solution 
  3. disposable gloves for handling dishes may provide an extra layer of protection
  4. tissues
  5. masks
  6. cleaning products
  7. Rapid Antigen Kits‍
  8. a list of key helplines and resources – such as the National Coronavirus Helpline on 1800 020 080, mental health services, and your states or territory’s helplines.  

According to the Australian government, being fully vaccinated against COVID-19 reduces your risk of severe illness, hospitalisation and death.

Learn more at: https://www.health.gov.au/health-alerts/covid-19/testing-positive

New changes about re-entering and further stay for 485 Visa holders announced, Here’ details

Indian Passport and Australian Visa; Image Source: @CANVA
Indian Passport and Australian Visa; Image Source: @CANVA

To support the pandemic recovery in critical roles the Australian Government has announced a range of changes for temporary workers and international students.

Temporary Graduate Visa Flexibility

Federal Government will make changes to allow entry of current and former Temporary Graduate (subclass 485) visa holders from 18 February 2022, to allow them to re-enter Australia and apply for a further stay.

Visas will be extended for graduates who were outside of Australia at any time between 1 February 2020 and 14 December 2021, while they held a valid Temporary Graduate visa. 

The extension will take effect on 18 February 2022 and visa holders will be notified directly by the Department of Home Affairs of the extension of their visa and may arrive after this occurs, from 18 February onwards.

These changes support the return to Australia of temporary graduates as soon as possible, ahead of further planned changes on 1 July 2022 that will provide a further visa extension option to former graduates.

International Student Arrival Numbers

Minister for Immigration Alex Hawke in a statement reported the arrival of more than 43,000 International Students since the Government announced that fully vaccinated eligible visa holders can enter Australia, including Skilled and Student cohorts, as well as Humanitarian, Working Holiday Maker and certain family visa holders.

There are currently more than 150,000 International Student visa holders overseas who have been supported to continue their Australian studies, and the reopening of our borders to them sends a clear signal that Australia remains a top study destination.

Skilled Regional Provisional Visa Flexibility

Australian Government will extend by 3 years Skilled Regional Provisional (subclass 489, 491 and 494) visas where the visa holder was impacted by COVID-19 international travel restrictions. This will assist around 10,000 skilled regional workers.

This will provide sufficient additional time for all current and former Skilled Regional Provisional visa holders to make travel arrangements to start or resume living and working in regional Australia.

Skilled Workers and Working Holiday Maker Arrival Numbers

Additionally, more than 8,000 Skilled workers have arrived in Australia, and 22,000 Working Holiday Maker visas have been granted since November 2021. Demand for Working Holiday visas has been particularly strong.

Australia has also welcomed around 60,000 family members of Australians visiting since the Government’s announced changes in November 2021.

Did Australia’s life expectancy increase since 2020?

Indian Australian; Image Source: @CANVA
Indian Australian; Image Source: @CANVA

New research from the Australian National University (ANU) has revealed that the collective life expectancy of Australians has increased since the start of the COVID-19 pandemic in 2020.

This study, published in the International Journal of Epidemiology, compares relative life expectancy across countries before and after the onset of the pandemic.

BAPS Temple, attracts hundreds to stop COVID misinformation & get vaccinated in a pop-up clinic; Picture Source: Supplied
BAPS Temple attracts hundreds to stop COVID misinformation & get vaccinated in a pop-up clinic; Picture Source: Supplied

ANU researchers’ study found that the average life expectancy for Australians increased between 2019 and 2020 by 0.7 years for females and males.

According to the researchers, this is the largest increase observed in Australia since the 1990s.

The researchers attributed this rise to Australia’s strict response to COVID-19.

The study’s co-author Prof. Vladimir Canudas-Romo notes:

“During the 1918 Spanish flu, attempts were made to close borders. Yet, once ports opened, the lack of a vaccination meant the virus spread with fatal effects. With modern-day vaccines, Australia has been able to escape this deadly fate.”

The nations with the next highest increases were Denmark and Norway.

Both nations recorded an increase of 0.1 and 0.2 years for females and males respectively.

On the other hand, the USA showed a decrease with the average life expectancy being reduced by -1.7 and -2.2 years for females and males respectively.

Victoria Covid19 Testing site; Picture Source: Twitter Vic Health
Victoria Covid19 Testing site; Picture Source: Twitter Vic Health

Prof. Tim Driscoll, the University of Sydney, told ABC that the findings of the new study were interesting.

However, he added that the findings were not indicative of the broader wellbeing (mental and physical) despite showing that there were some benefits to lockdowns in Australia.

“From what I’ve seen, I don’t think there’s good evidence that that happened, but that doesn’t mean that there haven’t been issues and challenges with the mental health of people who’ve been locked down and isolated.”

The debate raises an ultimate question that is the battle between life expectancy and quality of life during the COVID-19 pandemic.

Hindu Legal Helpline launched to support victims of Domestic Violence, Civil/Criminal disputes and Hinduphobia

Australian Hindu Association launches Hindu Legal Helpline; Image Source: Supplied
Australian Hindu Association launches Hindu Legal Helpline; Image Source: Supplied

Australian Hindu community has launched a unique Hindu Legal Helpline to support growing needs of diverse Hindu community migrated from India, Nepal, SriLanka, Bangladesh, Pakistan, Malaysia, Fiji, Thailand, South Africa, Indonesia and other countries.

This helpline comes into reality with a partnership between Opal Legal and the Australian Hindu Association, a newly formed body to educate, advocate and campaign issues related to Hindu community in Australia.

In a widely attended virtual program Principal of Opal Legal, Namrata Singh announced the launch of Hindu Legal Helpline.

Namrata told The Australia Today, “Persons in need of urgent legal advice can now phone the Helpline on its dedicated number, send us a text message or email with their legal questions.” 

“We aim to respond to all requests immediately or within a matter of hours,” 

explained Ms Namrata.

“I urge AHA members & Hindu organisations to widely publicise this very worthy initiative.”

Namrata said beside domestic violence and family disputes some examples of the situations in which Hindu Australians can seek help are;

1- Being evicted from home
2- Being dismissed from employment
3- Being served with a legal demand (eg, bankruptcy notice)
4- Being arrested by police; Police searching your home
5- Real Estate dispute
6- Custody issues during divorce proceedings
(these are the common issues clients ring lawyers about).

Australian Hindu Association President Amendra Singh told The Australia Today, “We want to provide localised Hindu Legal Helpline in most capital cities and towns which have significant Hindu population.

Australian Hindu Association, President, Amendra Singh

“We would like to request legal professionals to contact Australian Hindu Association on the given phone number incase they would like to be part of Hindu Legal Helpline on a pro-bono basis,”

said Mr Singh

At the launch program of Australian Hindu Association (AHA) Deputy Lord Mayor of Parramatta City Council, Councillor Sameer Pandey expressed the importance of digital and social media to communicate the aspirations of Hindu Australians into the future.

The AHA digital platform suite including website, Facebook, Twitter and Instagram to interact with it’s members and wider community.

Councillor Suman Saha of Sydney’s Cumberland City Council is a proud Bangladeshi Hindu.
He told The Australia Today, “We should have a say in the policy-making of our community than only we will have a say in the policy making of our country.”

“I stress every Hindu in Australia to please participate in the social issues which will define the future of coming generations in Australia,”

said Mr Saha.

AHA Secretary Bharti Kundal said one of the most important pillars of this Hindu Advocacy group is to provide a platform to Hindu women to discussed their issues and find an appropriate scalable solution.

Australian Hindu Association, Secretary, Bharti Kundal

Hindu Women have highest participation in workforce however they are most neglected lot when it comes to representation in decision making bodies of Not for profit or State/Federal Government Boards.

“We are here to change this situation by advocacy and awareness campaigns. Our aim is to establish a range of Hindu women leaders in multiple sectors as voice of Australian Hindu community,”

explained Ms Kundal.

Vice President of AHA Yogesh Khattar told The Australia Today, “There is a lot of misinformation spread about Hindus and Hinduism, some of it is deliberate attempt by foreign players via their local front organisations.”

Australian Hindu Association, Vice- President, Yogesh Khattar

“One of the important work of Australian Hindu Association will be to expose these divisive forces and their agenda.”

Mr Khattar says, “Anyone who want to be member of Australian Hindu Association can fill this form.

Application for Membership of the Australian Hindu Association.

Market Mantra: Australian shares decline on US Fed taper woes

Market Mantra representative picture; Image Source: @CANVA
Market Mantra representative picture; Image Source: @CANVA

The Australian market snapped a positive three-week rise last week with tech and software stocks leading the losses as US Federal Reserve officials solidified expectations that the US interest rate could rise as soon as March, leaving markets braced for tighter monetary conditions.

It is becoming clearer by the minute that global central banks, including the US Federal Reserve and our own Reserve bank of Australia, are finally waking up and getting ready to try and control inflation by limiting bond purchases and raising interest rates. As such traders are getting jumpy about holding stocks.

There are also real-world negative business effects that are now starting to come through as a result of the latest round of COVID-19 infections and isolations. Qantas recently confirmed that it has scaled back flight operations by a third due to lack of demand. Crumbling supply chains have resulted in empty supermarket shelves resulting in consumer staples stocks falling every day for the week.

When the interest rates rise the tech stocks which usually rely on easy money are first to fall.  The Australian tech sector was no different, declining 4% for the week. It was the Buy Now Pay Later stocks however which led the route. Sharp falls in Square Inc stocks in US trade and a negative report from Mcquarrie on BNPL meant shares in Afterpay, Zip, Openpay and Splitit as well as software supplier Xero had massive drops.

The banks and financials which usually benefit from rising interest rates were also unable to stem the rot this week and ended 1.2% lower for the week, after six consecutive weekly gains. Both Commonwealth and Westpac fell more than 1% while Pendal shares were down more than 16%.

Market-Mantra-Stocks; Picture Source: @CANVA
Market-Mantra-Stocks; Picture Source: @CANVA

Traders in Australia will be waiting nervously to see if Australian bond purchases will be cut when the RBA board reconvenes on Feb 1 after Jerome Powell left no room for doubt that he will tackle inflation hard after the US CPI for December came in at an annualised rate of 7%, the highest for almost 40 years.

With interest rates hikes expected soon we expect the tech sectors to continue to struggle in the near future, with more pains for holders of Buy Now Pay Later stocks. The financial sector may take their cues from the US in the short term, however, they may be heading into a headwind with traders waiting for RBA meeting at the beginning of February where we are expected to hear more on the speed of interest rate hikes in Australia. 

Looking ahead to this week, traders will be waiting keenly for Australian unemployment figures for December. In November, Australia created a massive 366,000 + jobs. However given December was a tougher month than expected with more viral outbreaks across Australia, we wouldn’t be surprised if job numbers decline for the month.

Consumer confidence numbers, housing starts, payroll jobs and wages, skilled job vacancies and business turnover will also come out during this week. Investors will also be looking keenly at Chinese economic growth figures and figures on retail sales, production and investment.

Gold prices firmed strongly last week, supported by a retreating US Dollar. The Fed remarks on Friday however resulted in the yellow metal giving away some of the weekly gains. However, despite the declining gold still had its best week since 12 November.

Australian Gold; Picture Source: @CANVA
Australian Gold; Picture Source: @CANVA

The US Dollar fell to its lowest in more than two months last week while US 10-year Treasury deals also recorded their first weekly decline in four weeks. This helped the non-yielding yellow metal.

The bullion is usually considered as an inflation hedge, however, it benefits strongly from US Dollar weakness as that makes it cheaper for holders of other currencies.

Failure to breach the December peaks around 1830-1835 levels and Federal Reserve’s hawkish stance on Friday however then led to the decline in gold to close the week around the US $1818/ounce.

The big test for the precious metal would be to see if it cracks the $1830 level. This has proved to be a tough nut to crack for gold traders. If gold bulls do not find the strength to break through $1830, then the price could continue to remain range-bound between $1800 and $1830 as we have seen in the last few days.

Oil recorded a fourth consecutive week of gains, recording their longest winning streak since October. A weaker US Dollar and supply constraints boosted oil prices last week. A weaker US Dollar makes commodities more affordable for holders of other currencies. Hence, as US Dollar recorded its largest weekly fall in more than a year the crude prices rallied higher.

oil price going up; Picture Source: @Canva
oil price going up; Picture Source: @Canva

Analysts also warned that the recent Russia Ukraine conflict could be a seismic event for the energy market and may result in supply disruptions, thus sending oil prices higher. Russia is not only a major oil producer but with more European nations racing towards getting off fossil fuels the dependence on Russia as the major source of energy for Europe has increased manifold.

On Friday Russia began moving tanks and other military equipment westward towards Ukraine from its Far East bases. Also on Friday, an alleged cyberattack from Russia left a number of Ukrainian government websites unavailable. The emerging crisis between Russia and Ukraine raises political risk premium and directly affects the natural gas prices.

A possibility of an armed conflict also have wide geopolitical ramifications and boost oil premiums. 

While oil prices look set to head towards US $100/barrel a potential release of crude from China’s strategic reserves and a weekly rise in the number of active US oil drilling rigs may spoil the party in the short term for the oil bulls.

As such we expect oil to take a breather around current levels before starting the climb again.

With US Dollar recording its largest fall in multiple months the Australian Dollar was a big beneficiary rallying to 0.7313, a fresh two-month high. However hawkish comments from Fed, particularly on Friday night undermined demand for the local currency against the greenback thus resulting in the Aussie trimming its gains to settle around the 0.7240 price zone.

Australian-Dollar; Picture Source: @CANVA
Australian-Dollar; Picture Source: @CANVA

The US continues to record inflation at toxic levels and with traders feeling that the US Federal Reserve is not being able to respond in a proper timed manner to the rising inflation the US currency got dumped heavily last week. The dollar however recovered some ground on Friday night after Fed Governor Lael Brainard became the latest and most senior US central banker to signal that interest rates will rise in March to combat inflation.

With US government bond yields, however, recording a decline for the week it seems the recovery in the greenback could be limited and positive macroeconomic figures from Australia last week could mean that the local currency may continue in its strong position.

The upcoming week however will be crucial for Australian currency as China, Australia’s largest trade partner will publish its December retail sales and industrial production and Q4 GDP figures.

Technically speaking the Australian Dollar tried to go above the 100 SMA, however, the sellers defended the levels strongly thus indicating that bears might still be in control for the AUD/USD pair.

While the falling US Dollar boosted the commodity prices which helped Australian commodity miners and in turn the local currency, the rising commodity prices especially oil meant the Indian Rupee continued to remain pressured against all currencies.

India is one of the largest oil importers and gains in the Rupee remains limited when oil prices go up. A widening trade deficit, lesser IPO’s and the prospect of a US rate hike are expected to subdue the INR in the coming weeks.

India’s trade deficit increased to a record $21.7 billion for December 2021. The trade deficit in India was $15.72 Billion during the same period in 2020 and $12.47 billion in December 2019.

Indian-Rupee; Picture Source: @CANVA
Indian-Rupee; Picture Source: @CANVA

India has also seen a surge in FII outflow in recent weeks and a rate hike in the US could further drive away FIIs from investment in India and other emerging markets.

The Indian Rupee is now the worst-performing currency in the Asian basket as India grapples with a surging trade deficit and inflation. However, USD/INR pair faces strong resistance between 74.40 and 74.70 regions.

In digital currencies Bitcoin after dropping 20% in the last two weeks turned the tide by getting above $43,100, up by 3% in the last 7 days.

Bitcoin started 2022 on a weak note and briefly dropped below US$40,000 for the first time since September last year. However, it quickly found support around these levels and reclaimed the key $42,000 level, a level that gives confidence to other altcoins.

With news from the crypto world continuing to be positive globally many top altcoins such as Polygon, Terra (Luna), Polkadot and Dogecoin gained more than 15% during the week.

Bitcoin; Picture Source: @CANVA

In Agricultural products, soybean and corn futures recorded weekly declines on forecasts of rains in drought-hit South American growing regions. Wheat also recorded its third consecutive week of declines as the supply outlook improves.

Weather forecasts have shown parched areas of Argentina, the world’s top exporter of soy and the second-largest producer of corn may receive significant rainfall this week thus boosting chances of a better than previously expected crop.

For the wheat market, the International Grains Council raised its forecast for 2022 global production, partly driven by a strong outlook of the crop in Australia.

Author: Ateev Dang is a trader and trading coach by profession. He runs his own business called Glow trades Pty Ltd where he teaches anyone who is interested in starting on their trading journey how to trade. He can be contacted at adang@glowtrades.com.au.

Disclaimer: 

The writers’ opinions in the above article are their own and do not constitute any financial advice whatsoever. Nothing published by The Australia Today constitutes an investment recommendation, nor should any data or content publication be relied upon for providing any investment activities.

We strongly recommend that you perform your own independent research and/or speak with a financial advisor or qualified investment professional before making any financial decisions.

Woman ran to neighbour to save her daughter after being stabbed by husband, sadly both died

Representative Image Domestic Violence; Image Source: @CANVA
Representative Image Domestic Violence; Image Source: @CANVA

An Indian Australian woman and her daughter were stabbed in Melbourne.

Melbourne’s northern suburb resident Mr X* (name can’t be published due to court order), allegedly appeared on Thursday evening armed with a knife at his wife Mrs X’s home.

He allegedly stabbed his 39-year-old wife Mrs X* (name can’t be published due to court order) and his six-year-old daughter Ms T*.

Neighbours called emergency services at about 7:50 pm.

Family friends told The Australia Today, ” Mr X* got addicted to drugs after coming into close contact with a local bikie gang.”

He broke his relationship with a close circle of friends who tried to take him to the rehabilitation process.

A friend who does not want to be named told The Australia Today, “Mr X* called me at 7:10 pm yesterday.”

“He was very upset and was complaining about being ignored by everyone including friends and family. It seemed to me that he was under drug influence.”

Victoria Police believe Mr X* followed his wife while she tried to get to safety.

Detective Inspector in charge Dean Thomas said in a statement that Mr X* injured himself when Police approached him.

Mrs X* died tragically at the scene, while daughter Ms T* was taken to hospital in critical condition. The little girl passed away Friday morning.

Mr X* was also taken to hospital in critical condition as he injured himself when police arrived. 

In the hospital, he is under guard and Police detectives are waiting to speak to him. 

Speaking at a news conference Friday morning, Detective Inspector Dean Thomas said “It is believed that the 39-year-old victim ran from her house to a neighbour’s house for help, and the perpetrator chased her.”

“He’s known to the police.” 

Representative Image Domestic Violence; Image Source: @CANVA
Representative Image Domestic Violence; Image Source: @CANVA

Did the system fail Indian Australian Woman?

The Australia Today can confirm that emergency services attended the address at 12:50 p.m. Thursday, just 7 hours before Mr X* allegedly stabbed his wife Mrs X* and daughter Ms T*.

Detective Inspector Dean Thomas said, “We believe a person at the address has been assessed at the time and emergency services have been released.”

Indian Australian community leaders are working to support. Mrs X*’s parents have been contacted and visa applications have been made for coming to Australia.

“It’s very difficult, she’s going through an absolutely horrible, traumatic incident.”

The Indian Australian community is devastated by the incident and calls on members to seek help if they are feeling any issue that makes them stressed.

Anyone with information on the incident is urged to contact Crime Stoppers.

Family and domestic violence support:

Eyeing on Free trade agreement with Australia, India’s Reliance Industries bets big on Hydrogen power

The Hydrogen Power projects; Image source: CANVA
The Hydrogen Power projects; Image source: CANVA

Reliance Industries Limited (RIL) said on Thursday it will invest almost A$100 billion in renewable energy power plant and other projects in Gujarat. 

The proposed projects will create 1 million direct and indirect employment opportunities in the state. Mukesh Ambani-led company signed an MoU with the Government of Gujarat for the investment proposal as part of Investment Promotion Activity for Vibrant Gujarat Summit 2022 which Australia was also a participant.

RIL proposes to invest A$100 billion in the Indian state of Gujarat over the span of 10 to 15 years to set up 100 GW Renewable Energy Power Plant and Green Hydrogen Eco-System development, RIL said in a statement. 

“RIL will develop an eco-system for assisting Small and Medium Enterprises (SMEs) and encourage entrepreneurs to embrace new technologies and innovations leading to captive use of Renewable Energy and Green Hydrogen,”

it said.

 

Australia’s Minister for Industry, Energy and Emissions Reduction Angus Taylor while signing Australian Clean Hydrogen Trade Program (ACHTP) agreement with Japan said “The Morrison Government is positioning Australia to become the international clean hydrogen supplier of choice and are investing to make this reality.”

“Australia is a world leader in clean energy and our high quality resources have long been in strong demand from our international partners,”

Mr Taylor said.

Earlier Mr Ambani said in September 2021 at the International Climate Summit that while the world is making efforts to make green hydrogen the most affordable fuel option by bringing down its cost to initially under $2 per kg, India can set an “aggressive target” for breaching the $ 1 mark. 

“Efforts are on globally to make green hydrogen the most affordable fuel option by bringing down its cost to initially under $ 2 per kg. Let me assure you all that Reliance will aggressively pursue this target and achieve it well before the turn of this decade,”  

He added.

RIL’s initiatives for decarbonisation and creating a green ecosystem emanate from the vision of Indian Prime Minister Narendra Modi.

In consultation with Government of Gujarat, RIL has started the process of scouting land for 100 GW renewable energy power project in Kutch, Banaskantha and Dholera. The company has requested for 4.5 lakh acres of land in Kutch. 

RIL will invest another Rs 60,000 crore in setting up New Energy Manufacturing-Integrated Renewable Manufacturing: 1) Solar PV Module (manufacture of Polysilicon, wafer, cell & module); 2) Electrolyzer; 3) Energy-storage Battery; 4) Fuel Cells. 

Further Rs 25,000 crore investments will be made by RIL in existing projects and new ventures over next 3 to 5 years. 

RIL has also proposed to invest Rs 7,500 crore over 3 to 5 years for Jio Network up-gradation to 5G and another Rs 3,000 crore over 5 years in Reliance Retail. 

New Permissions and Restrictions for Workers including International Students

Reprentative picture of Student worker; Picture Source: @CANVA
Reprentative picture of Student worker; Picture Source: @CANVA

As Omicron case numbers continue to increase in Australia and globally. The National Cabinet agreed to the final arrangements for the Rapid Antigen Testing Concessional Access Program.

Through the program,
1- Eligible Commonwealth concession card holders will be permitted to receive a maximum of ten free tests in a three month period with a maximum of five tests in any one month through participating community pharmacies.
2- Eligibility will include people with a Pensioner Concession Card, Commonwealth Seniors Health Care Card, Department of Veterans’ Affairs Gold, White or Orange Card, Health Care Card, Low Income Health Card.

Community pharmacies will be reimbursed a set amount for the unit cost of the Rapid Antigen Tests (which will be $10 plus GST per test initially, with ongoing review of unit prices).

For each supply transaction processed for an eligible person under this program (minimum of 2 tests and maximum of 5 tests per transaction), an Administration Handling and Infrastructure (AHI) fee of $4.30 per transaction will be reimbursed to the pharmacy, consistent with current AHI arrangements under the Seventh Community Pharmacy Agreement. Community Pharmacies will be responsible for sourcing supply for the program as they do for non-subsided rapid antigen tests.

The program to provide free Rapid Antigen Tests for concession card holders will become available through community pharmacies from 24 January 2022.

The individual pharmacies will commence participation in the program as supply continues to become available in late January and early February 2022. 

Anyone with COVID-19 symptoms and close contacts should attend a state clinic for free testing and not go to a pharmacy to receive a free test.

Reprentative Picture: Australian Worker; Picture Source @CANVA
Reprentative Picture: Australian Worker; Picture Source @CANVA

Essential Workers – Close Contact Furlough Arrangements by Sector and Workforce

Worker absenteeism due to symptomatic COVID-19 illness, identified asymptomatic infection and the required isolation of close contacts is impacting on critical supply sectors and supply chains across all states and territories.

Current arrangements could see 10 per cent of Australia’s workforce including many workers in critical supply sectors withdrawn from the workforce. The potential impact of school closures on workforce absenteeism relating to caring responsibilities could see a further 5 per cent of Australia’s workforce withdrawn from the workforce.

The medical advice is that Omicron continues to show greater infectivity than the Delta variant, but with much less severity in terms of hospitalisations, ICU and ventilated patients.

Each state and territory will implement these changes to close contact arrangements for essential workers under respective state and territory public health orders and equivalent arrangements.

Changes will be made as soon as possible, where they have not already been made under state and territory public health arrangements, to include essential workers in:

·       All transport, freight, logistics and service stations

Changes will be made shortly, where they have not already been made under state and territory public health arrangements, to include: 

·       Health, welfare, care and support (including production and provision of medical, pharmaceutical and health supplies),

·       Emergency services, safety, law enforcement, justice and correctional services,

·       Energy, resources and water, and waste management,

·       Food, beverage, and other critical goods (including farming, production, and provision but not including hospitality),

·       Education and childcare; and

·       Telecommunications, data, broadcasting and media.

A full list of sectors is attached.

National Cabinet agreed to further consider expanding these sectors to priority 2 cohorts, pending further health advice.

National Cabinet further endorsed the AHPPC Permissions and Restrictions for workers in health care and aged care settings to ensure close contact essential workers in these sectors are able to return to safely work and ensure continuity of care and effective operations.

National Framework for Managing COVID-19 in Schools and Early Childhood Education and Care

The Framework is based on six National Guiding Principles:

1.       ECEC services and schools are essential and should be the first to open and the last to close wherever possible in outbreak situations, with face-to-face learning prioritised*;

2.       Baseline public health measures continue to apply;

3.       No vulnerable child or child of an essential worker is turned away;

4.       Responses to be proportionate and health risk-based;

5.       Equip ECEC services and schools to respond on the basis of public health advice and with support from public health authorities where required;

6.       Wellbeing of children and education staff to be supported.

All Governments will come back to National Cabinet next week to set out the practical implementation of this Framework so that families can plan with certainty. This will include detailed operational plans, such as mask wearing and surveillance rapid antigen testing, including for teachers.

The Queensland and South Australian Governments have delayed the start to their school years by two weeks due to the forecast peaks of the virus in those states. These schools will still be open for the children of essential workers during this period. 

National Cabinet reaffirmed the National Plan to Transition Australia’s National COVID-19 Response and continue work to suppress the virus under Phase C of the National Plan – seeking to minimise serious illness, hospitalisation and fatalities as a result of COVID-19 with baseline restrictions.

To date over 45 million doses of COVID-19 vaccines have been administered in Australia, including 346,349 in the previous 24 hours. This was the third highest daily vaccination total on record with record numbers of 254,112, boosters and 55,570 5 to 11 year old vaccinations.

Almost 95 per cent of the Australian population aged 16 years and over have now had a first dose of a COVID-19 vaccine, including over 99 per cent of over 50 year olds and more than 99 per cent of over 70 year olds.

More than 92.3 per cent of Australians aged 16 years and over are now fully vaccinated including more than 97.3 per cent of over 50 year olds and more than 99 per cent of Australians over 70 years of age.

Over 4.3 million booster doses have been administered. Australia has sufficient supplies of boosters, with 24 million mRNA booster doses in stock in Australia. Yesterday over 242,000 boosters were administered across Australia. Over 48 per cent of those eligible for boosters have had a booster and almost 42 per cent of Australians aged 70 years of age and over have had a booster in the last 9 weeks since the booster program commenced.

Vaccinations for 5 to 11 year olds commenced on Monday 10 January. In only three days over 140,000 vaccinations have been administered to 5-11 years olds accounting for 6.2% of all 5-11 year olds.

Since the beginning of the pandemic there have been 1,195,158 confirmed cases in Australia and, sadly, 2,522 people have died. Australia’s case and fatality rate continues to be the second lowest in the OECD. Globally there have been over 315.4 million cases and sadly over 5.5 million deaths, with 2,265,922 new cases and 6,606 deaths reported in the last 24 hours. The Omicron variant continues to surge in many countries around the world. The latest advice is the Omicron variant is highly transmissible, but significantly less severe than the Delta variant.

National Cabinet agreed that priority access to the public provision of Rapid Antigen Testing is for health and aged care settings as well as people who are symptomatic, close contacts as well as vulnerable populations, such as remote Indigenous communities.

The guidance for close contacts was updated on 30 December 2021, with close contacts defined as household contacts of confirmed cases.

Hindu Council stands with Australian Jews against discriminatory and hate filled campaign of BDS

Hindu Council of Australia and Jewish Board of Deputies; Image source: Supplied
Hindu Council of Australia and Jewish Board of Deputies; Image source: Supplied

The road to hell is paved with good intentions.

The world is full of conflict. Whether it is in Afghanistan where every woman seems to be in trouble or it is Bangladesh where religious minorities seem to be in trouble.

The Middle East has multiple, long-standing conflicts which have been simmering and sometimes boiling over, for centuries.

Boycott, Divestment, Sanctions (BDS) Australia is a vehemently anti-Israel organization which rejects the very idea of Israel as a State in which the Jewish people, after centuries of dispossession and persecution, once again control their own lives and future. And now some BDS leaders are trying to bring that conflict here.

Some Greens leaders have joined together with BDS Australia in an attempt to deprive the Australian people of our diverse arts and culture through its world-famous Sydney Festival. This is contrary to the Greens own core values of social justice and peace-building. The Greens, who are supposed to make the earth and Australia more liveable for our great grandchildren seem to be spending too much of their good intentions on overseas conflicts.

Some Greens Party leaders have, in the past, tried to spread Hinduphobia in Australia using NSW state Parliament privileges. Although their effort has been refuted by all walks of political life in the Parliament, it has created a fear among peace loving Australian Hindus. While non-violence is a core value of the Greens, they have not spoken against Hindu girls being kidnapped in Pakistan, Hindus & Sikhs being targeted by religious fanatics in Afghanistan and killings of minority Kashmiri Pandit Hindus in Kashmir. There is a long list of such atrocities that any one professing non-violence would condemn. Greens leader seems to be cherry picking as if only some overseas incidents deserve all their attention while others can be ignored.

Very Un-Australian.

The world is not a peaceful place for many of its inhabitants. But Australia stands out as a place of peace and harmony. Australians have compassion for those suffering and fighting with each other overseas in their homelands. Thanks to the strength of public opinion among Australian citizens, these external conflicts have not been allowed to be imported into our multicultural and tolerant home here in NSW.

BDS Australia have, like many of us, taken sides in one such conflict. The endorsement of the anti- Israel boycott by the internationally-proscribed terrorist group Hamas highlights the sinister nature of the BDS campaign.

Please do not hurt our Multi-Cultural Australia

Please do not deprive Australians of the Arts and Culture that the world (including in its not so stable regions) has to offer. Please do not boycott the Sydney Festival and force cancellations of Arts performances. Let us work to solve the conflicts of the world but PLEASE, do not bring these conflicts home. Please do not divide our multicultural Australia.

We stand against these boycotts and commend the Sydney Festival for its stance against them.

By: Surinder Jain, Hindu Council of Australia.

Australia to “push through” amidst rising number of Omicron cases

COVID Testing; Picture Source: Twitter @VicGov
COVID Testing; Picture Source: Twitter @VicGov

Australia’s Prime Minister Scott Morrison is facing pressure for his handling of the Omicron wave in an election year.

He has committed to “push through” the outbreak as he plans to ease isolation rules for asymptomatic workers in key sectors.

PM Morrison told a media briefing in Canberra:

“Omicron is a gear change and we have to push through. You’ve got two choices here: you can push through or you can lock down. We are for pushing through.”

COVID-19 infections are at near record levels especially caused by the Omicron variant.

Australia has reported about 1.1 million cases since the pandemic began.

Recently, Ambulance Union’s Olga Bartasek told media that they were forced to declare a code red in Victoria.

“Certainly, code red is only ever reserved for … things like thunderstorm asthma or the bush fires.”

However, this time it was was due to the the high number of call requests than ambulances available.

Victoria’ Acting Premier Jacinta Allan said that it showed the “unprecedented challenges” the health system faced in the wake of the pandemic.

“Code red circumstances do happen from time to time both as a consequence of the pandemic but indeed other events, either natural disasters or other events that are going on in the community at that given time.”

The premier of Victoria, Daniel Andrews, told a media briefing:

“There is significant pressure in our health system.”

He added that about 4,000 hospital and 400 ambulance staff in the state were isolating due to virus protocols.

More than 4,000 people are in hospital with COVID-19 and the number of patients in ICU are also slowly on the rise.

Sanya Arora and Priyanka Selvam crowned Miss-Mrs India Australia 2021


Sanya Arora, a 22-year-old dermal therapist from Melbourne, has been announced as the Miss India Australia 2021.

Due to COVID-19, the 2021 Miss India Australia winner and the 10 finalists were selected via an online auditions and interview process.

Sanya was born in Pune, Maharashtra, and her family moved to Australia when she was 10 years old.

Image Source: Miss India Australia 2021.

She is very passionate about her Indian culture and loves contemporary Indian dance.

Sanya is multilingual can speak fluently English, Hindi, Punjabi and Marathi.

The group training sessions were conducted by Raj Suri, who is a well-known Indian-Australian photographer, talent mentor and founder of media firm Karigar Australia.

Raj Suri, Founder, Miss-India-Australia; Image source: Supplied
Raj Suri, Founder, Miss-India-Australia; Image source: Supplied

He says:

“I wan to empower Indian Australian women with self belief, cultural expression, and individuality so that they become the role models for the next generation.” 

In the same event, the Mrs India Australia 2021 title was given to Priyanka M. Selvam.

Image Source: Miss India Australia 2021.

Priyanka is a 38-year-old YouTuber, who lives in Ballard, Victoria.

She moved to Australia from Ernakulam, Kerela.

“My motivation to audition for Mrs India Australia 2021 was my Dad’s words he always use to remind me and my sister that never fear to try anything in life because you don’t know what the world have to offer you.”

Priyanka was also awarded Mrs Social Impact title for her fight against depression and motivating Indian-Australian women through her channel “Beauty bugs TV”. 

Miss & Mrs India Australia 2021 finalists; Image source: Miss India Australia 2021
Miss & Mrs India Australia 2021 finalists; Image source: Miss India Australia 2021

The Miss India Australia 2021 titles announced are as follows:

  • SANYA ARORA – Miss India Australia 2021 and Miss Photogenic 2021
  • MANMEET Gulati– Miss India Australia International Student & Popular Choice 2021
  • SANAH Aslam- Miss India Australia Social Impact 2021
  • ALISHA Mathew – Miss India Australia Best Talent (Classical Dance) 2021
  • VANSHIKA Puri – Miss India Australia Professional 2021
  • PRIYANKA M Selvam  – Mrs India Australia 2021 and Mrs Social Impact 2021
  • NEERU A Krishnakumar (NSW) – Mrs India Australia Photogenic 2021
  • SAVINDER (Smiley) Kaur –  Mrs India Australia Best Catwalk 2021
  • JYOTHSNA Suraj  –  Mrs India Australia Best Talent (Singing) 2021
  • DEBLINA Sarkar – Mrs India Australia Beautiful Face 2021 

Miss India Australia 2021 will officially represent Australia in the 30th Miss India Australia Worldwide 2021 in Mumbai, India in 2022.

This would be subject to COVID-19 restrictions at the time.

Victoria issues new pandemic restrictions and vaccination mandate, Here’ details

Melbourne lockdown; Picture Source: Facebook
Melbourne lockdown; Picture Source: Facebook

Government of Victoria has issued a new pandemic order under which workers in key sectors who are already required to be fully vaccinated must get their third dose before being permitted to work onsite.  

This will apply to healthcare, aged care, disability, emergency services, correctional facility, quarantine accommodation and food distribution workers. Workplaces must sight and record proof of vaccination.

This order comes into place at 11:59pm Wednesday 12 January.

Workers eligible for a third dose on or before Wednesday 12 January will have until Saturday 12 February to get their vital third dose. Workers not yet eligible for a third dose will be required to get it within three months and two weeks of the deadline to receive their second mandatory dose.

This means residential aged care workers must receive their third dose by 1 March, and health care workers by 29 March. Disability, quarantine accommodation, correctional facilities, emergency services, and food distribution workers will need to receive their third dose by 12 March.

Food distribution workers includes manufacturing, warehousing and transport (freight/port) workers involved in food distribution.

Retail supermarket staff are not included in the mandate.

Victorians in these priority cohorts were among the first required to have their first and second dose vaccination during 2021. The mandatory vaccination requirement will not apply to workers who have a valid medical exemption.

The New Restrictions:

To reduce the risks of the virus spreading, indoor dance floors within hospitality and entertainment venues must close from 11:59pm 12 January. Venues can still operate and there are no changes to the density settings currently in place.

Indoor dance floors at weddings will be permitted, but wedding hosts and guests should still consider the risks of dance floors and choose to locate them outdoors if possible.

Minister for Health Martin Foley said, “Victoria is open and the community is encouraged to support businesses in a COVIDSafe way. Closing indoor dance floors is a simple but important step – we know they pose an extraordinary risk of mass transmission.”

The strong recommendations that people work from home if they are able and that patrons in hospitality and entertainment venues opt for seated service will continue. It is recommended that people visiting these venues who can access Rapid Antigen Tests (RAT) should use them before attending.

In addition, further visitor restrictions will be applied to hospitals and aged care settings – reflecting the vulnerable nature of patients and residents in these facilities.

Residents at aged care centres will continue to be permitted up to five visitors per day, but visitors must return a negative RAT result before entering. If no RATs are available at the facility, residents will be permitted no more than two visitors.

Visitors in hospitals must have received two doses of the vaccine or must return a negative RAT result before entering. Adult visitors who are not fully vaccinated must wear an N95 mask during their visit. Standard face masks continue to be mandated for children aged 8 and above.

While test requirements upon arrival remain unchanged, fully vaccinated international arrivals will no longer need to get a second PCR or RAT five to seven days after their arrival. This change is in line with the decision of National Cabinet last week and recognises the high levels of COVID-19 transmission currently in the community.

Workers in the manufacturing, distribution or packaging of food and beverages including retail supermarket workers may be exempted from close contact isolation requirements in order to attend work from 11.59pm Wednesday 12 January, if it is necessary for continuity of operations and other options have been exhausted.

To mitigate risks, exempted workers must be asymptomatic, undertake daily RATs for 5 days and return a negative result prior to attending work. They can’t enter shared break areas, and employers are asked to facilitate solo break time.

In addition, face coverings must be worn, using N95/P2 respirators if possible. Both the worker and workplace must consent to the worker’s return.

This new close contact isolation exemption for asymptomatic food distribution workers is similar to the arrangements already in place for critical healthcare workers.

Information on updated COVIDSafe settings and third dose vaccination requirements will be published at www.coronavirus.vic.gov.au when the orders come into effect at 11:59pm Wednesday 12 January.

Market Mantra: Welcome to Australian market roller-coaster of 2022

Representative Picture; Market @Canva
Representative Picture; Market @Canva

Australian shares swung wildly last week from reaching four month highs to plunging most in 16 months and then rebounding on Friday to close 0.1% higher for the week.

2022 started on a mixed note for Australian investors with energy stocks soaring on increasing oil prices while technology stocks tanking amid increasing Omicron cases.

The market opened the week on a positive note, however after the minutes of US Federal Reserve signalled an earlier than expected rate hike it resulted in Australian shares posting their biggest drop since September 2020. The technology shares which usually rely on cheap and easy money were hardest hit.

The buy now pay later companies such as Afterpay and Zip led the declines with many analysts believing that an interest rate rise would reduce the present value of tech companies expected future profits.

Shares in James Hardie also declined after the company sacked its Chief Executive Officer for work related interactions and breach of conduct.

The markets, however rebounded to recover some of the losses on Friday as financial stocks led the gain. Propelled by the Big Four the financial stocks jumped by 2.2% on Friday, recording their biggest intraday jump since October last year.

Even though the rise on Friday may have calmed some of investor concerns, rising Omicron cases and prospects of earlier than expected rate rise remain a worry for investors.

The week also brought some good news for private health insurers. With NSW and Victoria both now suspending elective surgery to combat with rising Omicron cases the shares in Medibank, NIB Holdings, QBE, SUN and Insurance Australia Group all galloped.

Moving ahead we feel as the health system remains under pressure the governments will need to bring in more restriction which should further help insurance companies.

Looking forward, investors will be keeping an eye out on national spending data. There is a concern that national spending in Australia has declined to lockdown levels with people in Sydney and Melbourne dragging the national spending as surging coronavirus cases keep them from going out.

With US Central Bank bracing for a hike in interest rate it lessened gold’s appeal as a non-yielding asset. The yellow metal declined 2% for the week, their biggest weekly drop since November 26 as US 10-year Treasury yields reached their highest levels since Mach 2021.

The precious metal is highly sensitive to rising US interest rates, which increases the holding cost for the non-yielding bullion.

Gold; Image Source: @CANVA
Gold; Image Source: @CANVA

Looking forward while it has been a bearish week for the gold the support around 1780 seem to be holding. A break of 1780 will open up risk of bullion tumbling to 1750s in the coming weeks. Whereas if the bulls manage to hold the support they may push prices of the precious metal back towards $1830/ounce.

We feel in the near and longer term markets will continue to pencil in a Fed balance sheet runoff, which should continue to push real rates higher and weigh on gold prices. For spot gold’s losses to accelerate the US Dollar is the key and would need to rise further from its current levels.

If the US Dollar starts kicking higher this week, that combined with higher real yields could be a big bearish risk for gold.

Oil prices recorded a third consecutive week of gains as the market tightened due to supply constraints across OPEC+ members following civil unrest. Kazakhstan’s largest oil producer reduced output following protests in the country, while production in Libya has also been hampered following militia unrest.

The OPEC+ alliance stuck with a scheduled increase of 400,000 barrels a day for February, however given declined output in Libya and Kazakhstan and Russia also failing to boost output last month it is highly unlikely that the group will meet that threshold.

Oil has rallied in past weeks as markets have largely dismissed Omicron as a mild strain and just a temporary aberration and now the supply interruptions from Libya and Kazakhstan have just added to oil bullishness.

A deep freeze in Canada and northern parts of USA have also disrupted oil flows last week.

oil price going up; Picture Source: @Canva
oil price going up; Picture Source: @Canva

We expect the bullish pattern in oil to continue over the coming weeks with US Crude Oil set to test key resistance levels at $80 per barrel.

Moving on to currency markets, the Australian dollar drifted lower against the US dollar as the US Fed Reserve signalled an earlier than expected interest rate rise. 

With Australian macro calendar remaining empty during last week the news from US drove the currency pair. The FOMC meeting minutes on Wednesday night shook the world markets and the Australian currency by hinting that conditions of a rate hike could be met relatively soon, supporting speculation of a hike in March.

The Fed members also began discussing reduction of their bond holdings in the upcoming months. US policymakers have tried to cool down inflation related concerns throughout most of 2021 and the FOMC minutes on Wednesday further indicated that they are far more concerned than what they actually say and that they are ready to take more aggressive measures to bring things back under control.

The Reserve Bank of Australia in contrast is in opposite extreme to the US Central Bank. The RBA insist that a rate hike is unlikely, at least till 2024and that it is only a matter of time that inflation will return to acceptable levels.

Such imbalances between central banks would favour a slide in the Aussie against the greenback in the mid-term.

Indian-Rupee; Picture Source: @CANVA
Indian-Rupee; Picture Source: @CANVA

The Indian Rupee also declined against the rising greenback with concerns over the rising Omicron variant and firm crude oil prices weighed on the Indian currency. The foreign institutional investors also continue to be net sellers in the Indian capital market.

In digital currencies Bitccoil and cryptocurrency prices continue their sell-off with BTC briefly bottoming just below US $41,000.

This is Bitcoin’s worst weekly drop since November. The rest of cryptocurrency market also gave in to the selling sentiment with Ethereum, Binance coin, Solana, Cardano, Shibu all sinking.

There are two main reasons why the cryptocurrency prices are going south. First a possibility of an interest rate hike at the next Fed meeting in March. Rate hikes don’t bode well for non-yielding BTC.

Bitcoin; Picture Source: @CANVA
Bitcoin; Picture Source: @CANVA

The price action for digital currencies also indicate that they behave more like a tech stock than safe-haven assets and an interest rate hike usually hits the tech stocks hardest.

Secondly, unrest in Kazakhstan, which became world’s second biggest mining hub after China’s crypto crackdown. The civil unrest in Kazakhstan last week brought 18% of the global crypto mining facility to a grinding halt.

According to Antoni Trenchev, founder of crypto lending platform Nexo, if the Bitcoin price breaks below $40,000 it could get ugly with the number one digital currency possibly tumbling to September lows of $30,000.

Author: Ateev Dang is a trader and trading coach by profession. He runs his own business called Glow trades Pty Ltd where he teaches anyone who is interested in starting on their trading journey on how to trade. He can be contacted on adang@glowtrades.com.au.

Disclaimer: 

The writers’ opinion in the above article are their own and do not constitute any financial advice whatsoever. Nothing published by The Australia Today constitutes an investment recommendation, nor should any data or content publication be relied upon for providing any investment activities.

We strongly recommend that you perform your own independent research and/or speak with a financial advisor or qualified investment professional before making any financial decisions.

ICC announces new playing conditions for T20I, fielding side to suffer for slow over-rate

India T20 Captain Rohit Sharma; Picture Source: @BCCI
India T20 Captain Rohit Sharma; Picture Source: @BCCI

The International Cricket Council (ICC) on Friday announced changes to T20I playing conditions that will come into effect with the upcoming one-off match between West Indies and Ireland at the Sabina Park.

An in-match penalty for slow over rates in men’s and women’s Twenty20 Internationals comes into effect this month, with the updated playing conditions also providing for an optional drinks interval midway through the innings in bilateral T20 international cricket.

The over rate regulations are captured in clause 13.8 of the playing conditions (here), which stipulate that a fielding side must be in a position to bowl the first ball of the final over of the innings by the scheduled or rescheduled time for the end of the innings. If they are not in such a position, one fewer fielder will be permitted outside of the 30-yard circle for the remaining overs of the innings.

The change was recommended by the ICC Cricket Committee, which regularly discusses ways to improve the pace of play in all formats, after considering reports on the effectiveness of a similar regulation that was included in the playing conditions for the Hundred competition conducted by the ECB.

The in-match penalties are in addition to the sanctions for the slow over-rate outlined in Article 2.22 of the ICC Code of Conduct for Players and Player Support Personnel. 

In another change, an optional drinks break of two minutes and thirty seconds may be taken at the mid-point of each innings subject to agreement between Members at the start of each series.

The first men’s match to be played under the new playing conditions will be the one-off tie between the West Indies and Ireland at the Sabina Park in Jamaica on January 16 while the first T20I of the three-match series between South Africa and the West Indies in Centurion on 18 January will be the first women’s match played under the new playing conditions. 

India announces ‘New rules’ including seven day quarantine for all international arrivals, Here’ details

Delhi Airport; Picture Source: @CANVA
Delhi Airport; Picture Source: @CANVA

Amid a surge in the COVID-19 cases, the Indian government on Friday announced a seven-day mandatory home quarantine for all international arrivals in the country. 

All travellers will undergo home quarantine for 7 days and shall undertake RT-PCR test on the 8th day of arrival in India

The Revised Guidelines will come into effect from 11th January 2022 (00.01 Hrs IST)

Indian Ministry of Health and Family Welfare said all travellers from specified countries at risk will at first, submit a sample for the post-arrival COVID-19 test at the point of arrival (self-paid). Such travellers will be required to wait for their test results at the arrival airport before leaving or taking a connecting flight.

Planning for Travel

  1. All travellers should
    1. Submit complete and factual information in self-declaration form on the online AirSuvidha portal before the scheduled travel, including last 14 days travel details.
    2. Upload a negative COVID-19 RT-PCR report*. The test should have been conducted within 72 hrs prior to undertaking the journey.
    3. Each passenger shall also submit a declaration with respect to authenticity of the report and will be liable for criminal prosecution, if found otherwise.
  2. They should also give an undertaking on the portal or otherwise to Ministry of Civil Aviation, Government of India, through concerned airlines before they are allowed to undertake the journey that they would abide by the decision of the appropriate government authority to undergo home/institutional quarantine/ self-health monitoring, as warranted.
  3. Continuing with the earlier approach, travellers from certain specified Countries (based on epidemiological situation of COVID-19 in those Countries) are identified for additional follow up. These include need for additional measures as detailed in para (xviii) below. The listing of such specified Countries is a dynamic exercise based on evolving situation of COVID-19 across the world and will be made available on the websites of Ministry of Health & Family Welfare, (mohfw.gov.in) and the link of the same will be available at website of Ministry of External Affairs and Air Suvidha Portal.
  4. All travellers who need to undertake testing on arrival, should preferably pre-book the test online on Air Suvidha Portal, to facilitate timely testing.

Before Boarding

  1. Passengers originating or transiting from at-risk countries shall be informed by the airlines that they will undergo post arrival testing, quarantine if tested negative, stringent isolation protocols if tested positive etc. as mentioned in para (xviii).
  2. Do’s and Don’ts shall be provided along with ticket to the travellers by the airlines/agencies concerned.
  3. Airlines to allow boarding by only those passengers who have filled in all the information in the Self Declaration Form on the Air Suvidha portal and uploaded the negative RT-PCR test report.
  4. At the time of boarding the flight, only asymptomatic travellers will be allowed to board after thermal screening.
  5. All passengers shall be advised to download Aarogya Setu app on their mobile devices.

During Travel

  1. In-flight announcement about COVID-19 including precautionary measures to be followed shall be made at airports and in flights and during transit.
  2. During in-flight crew shall ensure that COVID appropriate behaviour is followed at all times.
  3. If any passenger reports symptoms of COVID-19 during flight, he/she shall be isolated as perprotocol.
  4. Proper in-flight announcements should be made by the airlines regarding the testingrequirements and people who need to undergo such testing to avoid any congestion at the arrival airports.

On arrival

  1. De-boarding should be done ensuring physical distancing.
  2. Thermal screening would be carried out in respect of all the passengers by the health officials present at the airport. The self-declaration form filled online shall be shown to the airport health staff.
  3. The passengers found to be symptomatic during screening shall be immediately isolated and taken to medical facility as per health protocol. If tested positive, their contacts shall be identified and managed as per laid down protocol#.
  4. Travellers from specified Countries at risk [as mentioned in para (iii) and (iv) above] will follow the protocol as detailed below:
    • Submission of sample for post-arrival COVID-19 test* at the point of arrival (self-paid).Such travellers will be required to wait for their test results at the arrival airport before leaving or taking a connecting flight.
    • If tested negative they will follow, home quarantine for 7 days and shall undertake RT-PCR test on the 8th day of arrival in India*.
    • Travellers shall also be required to upload results of repeat RT-PCR test for COVID-19 done on 8th day on Air Suvidha portal (to be monitored by the respective States/UTs).
    • If negative, they will further self-monitor their health for next 7 days.
    • However, if such travellers are tested positive, their samples should be further sent for genomic testing at INSACOG laboratory network.
    • They shall be managed at isolation facility and treated as per laid down standard protocol including contact tracing mentioned in para (xvii).
    • The contacts of such positive case should be kept under home quarantine monitored strictly by the concerned State Government as per laid down protocol.
  1. Travellers from Countries excluding those referred as of risk, will follow the protocol as below:
    1. A sub-section (2% of the total flight passengers) shall undergo post-arrival testing at random at the airport on arrival.
    2. These 2% of such travellers in each flight shall be identified by the concerned airlines (preferably from different countries).
    3. Laboratories shall prioritise testing of samples from such travellers.
    4. All travellers (including those 2% who were selected for random testing on arrival and were found negative) will undergo home quarantine for 7 days and shall undertake RT-PCR test on the 8th day of arrival in India*.
    5. Travellers shall also be required to upload results of repeat RT-PCR test for COVID-19done on 8th day on Air Suvidha portal (to be monitored by the respective States/UTs).
    6. If negative, they will further self-monitor their health for next 7 days.
    7. However, if such travellers are tested positive, their samples should be further sent for genomic testing at INSACOG laboratory network.
    8. They shall be managed at isolation facility and treated as per laid down standard protocol including contact tracing mentioned in para (xvii).
  2. If travellers under home quarantine or self-health monitoring, develop signs and symptoms suggestive of COVID-19 or test positive for COVID-19 on re-testing, they will immediately self- isolate and report to their nearest health facility or call National helpline number (1075)/ State Helpline Number.

International travellers arriving at seaports/land ports

  1. International travellers arriving through seaports/land ports will also have to undergo the same protocol as above, except that facility for online registration is not available for such passengers currently.
  2. Such travellers shall submit the self-declaration form to the concerned authorities of Government of India at seaports/land ports on arrival.

“They shall be managed at isolation facility and treated as per laid down standard protocol including contact tracing mentioned. The contacts of such positive case should be kept under home quarantine monitored strictly by the concerned State Government as per laid down protocol,” it added. 

Travellers from countries excluding those from at-risk countries will follow the ministry’s guidelines as well. At first, a sub-section (two per cent of the total flight passengers) shall undergo post-arrival testing at random at the airport on arrival. These two per cent of such travellers in each flight shall be identified by the concerned airlines (preferably from different countries). Further, laboratories shall prioritise testing of samples from such travellers.

International travellers arriving through seaports/land ports will also have to undergo the same protocol as above, except that facility for online registration is not available for such passengers currently. Such travellers shall submit the self-declaration form to the concerned authorities of the Government of India at seaports/land ports on arrival.

Children under five years of age are exempted from both pre and post-arrival testing. However, if found symptomatic for COVID-19 on arrival or during the home quarantine period, they shall undergo testing and treated as per laid down protocol.

As per the Health ministry, the global trajectory of the COVID-19 pandemic continues to decline with certain regional variations. The need to monitor the continuously changing nature of the virus and the evolution of SARS-CoV-2 variants of concern (VOCs) must still remain in focus. The existing guidelines for international arrivals in India have been formulated taking a risk-based approach.

Thousands of places for Child vaccinations in Victorian State Hubs, Booking starts today at 1 pm

Child getting Vaccinated; Picture Source: @CANVA
Child getting Vaccinated; Picture Source: @CANVA

State-run vaccination sites across Victoria will start taking bookings for children aged 5 to 11 years to receive their vaccination on 10 January 2022.

From 1pm today, parents and guardians can book at one of the 18 state-run vaccination centres offering child vaccinations online or through the coronavirus hotline.

Online bookings will require a unique email address, which can be the child’s address or another one belonging to a parent or guardian.

Parents and guardians of children between 5 and 11 are recommended to book in their child’s first dose in the lead up to the program commencing 10 January.

Eight flagship vaccination centres are being transformed into an Australian-themed ‘forest of protection’ which will feature fun imagery of native Australian animals, as well as entertainers, activities and show bags designed to help make the vaccination experience positive for children and their families.

The forest-themed sites will be located at:

1- Melton Vaccination Hub (indoor and drive-through),
2- Campbellfield Ford Complex,
3- Cranbourne Turf Club,
4- Sandown Racecourse,
5- Frankston Community Vaccination Hub,
6- Geelong’s Former Ford Factory,
7- Shepparton Showgrounds
8- Traralgon Racecourse.

Children who get vaccinated at one of the eight flagship sites will receive a showbag with goodies that can help with distraction, including a colouring-in book by First Nations artist Emma Bamblett, coloured pencils, stickers and fidget spinners.

Child getting Vaccinated; Picture Source: @CANVA
Child getting Vaccinated; Picture Source: @CANVA

The decoration has been developed with children and parents, including those from culturally and linguistically diverse backgrounds. 

Acting Premier of Victoria Jacinta Allan said, “By getting your child vaccinated, you are providing them with direct protection against COVID-19 and reducing the risk of transmission to loved ones and in schools.”

“We want to create a vaccination experience that is positive for the whole family – the forest themed hubs have been designed to provide a welcoming and accessible experience for children of all backgrounds and abilities.”

She added.

Children will also be able to place a leaf with their name on it on the ‘eucalyptus vaccination tree’ that grows with every child vaccinated, with parents also able to add a leaf after receiving their third dose.

The state-run sites have been designed to cater for children who need additional support during their vaccination process such as a visual distraction, virtual reality headsets and the Buzzy Bees ice pack.

The child-friendly vaccination hubs also provide low-sensory booths and are able to cater for specific needs.

In addition, parents and guardians are encouraged to also check for paediatric vaccination appointments at their local GPs and pharmacies across Victoria.

An immunisation plan has been developed by the Department of Health and The Royal Children’s Hospital as a resource for guardians to help decide where and how to book based on their child’s needs. 

The paediatric Pfizer COVID-19 vaccine reduces COVID-19 risks for children and has the additional benefit of reducing risks of transmission to older contacts. 

For more information and to book your children’s first dose – visit www.coronavirus.vic.gov.au/vaccine. Bookings can also be made via the Coronavirus Hotline on  1800 675 398 or via your local pharmacy or GP.

Air India announces three additional flights every week from Melbourne/Sydney

Direct Flights between India And WA; Picture Source: @AirIndia
Direct Flights between India And WA; Picture Source: @AirIndia

Air India will operate additional flights between Delhi-Melbourne-Delhi and Delhi-Sydney-Delhi sectors from January to March 2022.

Melbourne-Delhi flight will be every Sunday from 2nd January to 27 March 2022.

Image

Additional flights on the Delhi-Sydney-Delhi sector will be every Monday/Tuesday from 3rd January to 22nd March 2022.

Right now Air India is operating flights on Delhi- Sydney-Delhi sector with a thrice-a-week service.

With the additional services Delhi-Sydney will have five days a week flights as the demand surge for holiday makers.

Image

Bookings for the tickets will be open through AI Website, Booking Offices, Call Centre & Authorised Travel Agents.

Air India spokesperson told The Australia Today, “Passengers should read the guidelines carefully before travelling & conform to all eligibility criteria. Air India will accept no liability in this regard.”

It is mandatory for anyone intending to travel to India to pre-book RT-PCR test through Air Suvidha portal if arriving from “AT RISK” countries or visited “AT RISK” countries in the last 14 days.

“AT RISK” countries are subject to change, latest updates available on http://mohfw.gov.in.

Sruthy Sithara becomes first Indian to win Miss Trans Global 2021

Sruthy works as a project assistant at the Kerala government’s Social Justice Department.
Sruthy works as a project assistant at the Kerala government’s Social Justice Department.

2021 Miss Trans Global title was conferred to India’s 25-year-old Sruthy Sithara.

Sruthy, who is a model-artist from from Kerala, was one of the four transgender persons to have been given a government job.

Sruthy works as a project assistant at the Kerala government’s Social Justice Department.

Image source: Sruthy Sithara – Miss Trans Global 2021 Facebook.

Sruthy took to Instagram to share the news:

“Miss Trans Global 2021👑 This smile means a lot for me💛 for my community for my country🇮🇳 for the transglobal organization 🤝 for all those who are oppressed &marginalized💪 Here’s I am, Sruthy Sithara, Miss Trans Global 2021 Title Winner👑 Thank you so much all who behind this successful journey🙏🇮🇳”.

Sruthy was congratulated by Kerala’s Minster of Higher Education Dr R Bindu via Twitter:

The titles were conferred in an online event due to the pandemic. The physical event was originally planned to be held in London.

Sruthy was followed by contestants from Philippines and Canada as the first and second runner up at the pageant.

WATCH VIDEO: MISS TRANS GLOBAL 2021 OFFICIAL GRAND FINAL

Australian cricketer winning hearts in India with his Bollywood videos

David Warner; Image source: Instagram
David Warner; Image source: Instagram

Australian cricketer David Warner has gained huge popularity as a Tiktok star in South India.

In 2020, Warner tweeted: “Me and Kane Williamson will be doing Tiktok videos during quarantine”.

Soon, Warner started posting videos that show him grooving with his wife and daughters.

He can also be seen lip-syncing popular Bollywood and Telugu songs.

Recently, Warner o posted a hilarious morphed video of Allu Arjun with the caption: “Caption this!! #actor #who #lovethis.” 

Image source: David Warner – Instagram.

To this post, Indian cricketer Virat Kohli commented: “Mate are you ok?”

Warner cheekily replied: “@virat.kohli a little sore but I know you mean in my head, never alrigt.”

In another video, Warner appears along with Katrina Kaif in a morphed video of Hrithik Roshan: “😂😂 love getting sent these. Thoughts on this one?? @ha_ve_faith_inme #funny #dance #bollywood

Image source: David Warner – Instagram.

In another, Warner teased Shikhar Dhawan using a morphed video of Ranveer Singh from Bajirao Mastani: “My next task 😂😂 @shikhardofficial may have me covered doing this dance. #dance#who#amazing

Image source: David Warner – Instagram.

What do you have to say about David Warner’s love for Indian films and Tiktok skills?

Market Mantra: Omicron concerns dragging Australian shares to red

Share Market; Picture Source: @CANVA
Share Market; Picture Source: @CANVA

Australian shares recorded its biggest weekly loss in three weeks as concerns surrounding the spread of the Omicron variant and policy tightening by Central Banks in US and Europe triggered volatility across global equity markets.

Adding to uncertainty, Pfizer said on Friday the pandemic could extend through next year. European countries geared up for further travel and social restrictions and a study warned that the rapidly spreading Omicron coronavirus variant was five times more likely to reinfect people than the Delta strain.

While energy and gold miners were positive influences on the market the technology companies were a dead weight. The US regulators holding a probe into buy now pay later companies pushed Afterpay, Zip and other BNPL companies down.

On the other end of the spectrum gold miners posted strong gains for the week with North Star Resources jumping 5.6%, Evolution Mining adding 4.2%, Newcrest Mining rising 3.7% and Regis Resources firming by 3.5%. The gold price has benefitted on recurring inflation worries and increasingly hawkish commentary from global central banks last week.

Image source: Big Four OZ banks - Wikipedia.
Image source: Big Four OZ banks – Wikipedia.

Looking ahead the rising cases of Omicron and lockdown in European nations is expected to push Australian shares further in the red with energy and iron miners likely to drag on reduced economic activity.

Moving ahead there are a few releases to watch out for in the lead up to Christmas with the Reserve Bank Board minutes to be released on Tuesday, weekly payroll jobs and wages on Wednesday and private sector credit on Thursday.

While the equities market recorded loss last week gold recorded its first positive week in five and rallied past the key $1800 level as worries about surge in Omicron cases and hot inflation drove investors to safe haven assets.

With growth expected to slow into next quarter and shares market correcting off their highs on Omicron rise it seems investors are panicking out of equities into safe haven assets like gold.

Gold; Image Source: @CANVA
Gold; Image Source: @CANVA

The US Federal Reserve on Wednesday signalled three interest rate hikes in 2022. Typically the announcement should have weighed on gold prices as higher interest rates increase the opportunity cost of holding the non-yielding yellow metal.

The bullion however marched higher because most analysts and traders have already factored in interest rate rise prospects before the announcement.

With the outlook for 2022 remaining clouded we expect the gold prices to continue trading up in the short term with support at US $1785 and resistance at US $1820 per ounce.

Oil prices were down for last week as surging cases of the Omicron coronavirus variant raised fears that new restrictions may hit fuel demand.

There are concerns about COVID that won’t go away and the perception that could weigh on demand is putting pressure on the market. 

Petrol bowser filling car; Image Source: @CANVA
Petrol bowser filling car; Image Source: @CANVA

The number of new Omicron cases has been doubling every two days in Denmark, South Africa and England. Netherlands entered into full national lockdown on Saturday. In US, the rapid spread of the Omicron variant has led some companies to pause plans to get workers back into offices.

As such with increased Omicron threats to demand we could see further consolidation in US Crude prices around $70 in the coming sessions as we learn more about Omicron, what restrictions it will bring and how OPEC+ nations react to it.

Moving on to currency markets, the Australian dollar went back and forth throughout the week as traders were not sure where we are going in the near term. That being said the local currency eventually settled down against the US Dollar as markets start showing signs of hesitation.

US-Dollar; Image Source: @CANVA
US-Dollar; Image Source: @CANVA

Australian dollar is highly correlated to risk appetite and commodities. On the other hand the greenback is considered to be a safety currency. Hence it makes more sense with markets running towards the US dollar when there are more concerns in the market.

Looking at the charts it seems that he 0.70 level is extremely important and should continue to offer support over the longer term. If it were to break however, then the local currency is likely to drop significantly towards the 0.68 level.

On the other hand a break above the top of last week can open the possibility of a move towards 0.7 and then even 0.74 level.

The Indian Rupee too continued to fall against the US Dollar closing at 76.08 on Friday as foreign fund outflows continue amid uncertain global cues post the central bank’s policy outcome and rising coronavirus cases.

In digital currencies world Bitcoin continues its struggle to get past US $50,000 mark. The digital currency has had a dull December so far with price continuing to range trade between $46,000 and $50,000.

The digital currency market seems to be in consolidation phase with BTC struggling to reclaim the key $52,000 level that will reconfirm start of a new bullish cycle. On weekly basis BTC has dropped 3% for the week at the time of writing the report.

Avalanche, Terra, Polygon and Solana however gained more than 5% in the last week. The news from the crypto world though continued to lean towards optimism with Tokyo’s biggest finserve firm, SBI group, now allowing Japanese investors to purchase cryptocurrencies via its newly launched crypto-asset fund and Myanmar’s parallel government declaring the use of Tether as official currency. The US SEC has also delayed the decision on Bitcoin ETFs in the US to early February.

In agricultural products, soybean rallied to a three week high on signs of US tightening US vegetable oil supplies and fresh export demand.

Wheat and Corn also rose for the week supported by strong weekly export sales and dry conditions in the US Plains after powerful wind storms raked the region.

The traders are assessing the impact of Wednesday’s storms in the US plains on winter wheat production.

Author: Ateev Dang is a trader and trading coach by profession. He runs his own business called Glow trades Pty Ltd where he teaches anyone who is interested in starting on their trading journey on how to trade. He can be contacted on adang@glowtrades.com.au.

Disclaimer: 

The writers’ opinion in the above article are their own and do not constitute any financial advice whatsoever. Nothing published by The Australia Today constitutes an investment recommendation, nor should any data or content publication be relied upon for providing any investment activities.

We strongly recommend that you perform your own independent research and/or speak with a financial advisor or qualified investment professional before making any financial decisions.

Indian-origin techie who hired people to slap him for using Facebook builds a shocking device

Image source: Maneesh Sethi and Kara - YouTube.

In 2012, US-based Indian-origin techie and blogger Maneesh Sethi went on to Craigslist to hire a woman who will slap him every time he used Facebook.

Image source: https://hackthesystem.com/

The key idea behind this strategy was to be less socially networked and more capitalistically productive.

Image source: Maneesh Sethi – Twitter.

Sethi wrote on his blog:

“It was the perfect location for an experiment on doubling productivity. How could I leverage Craigslist to improve my efficiency? To me, the answer was obvious: I hired a girl on Craigslist to slap me in the face everytime I used Facebook.”

Using a  little app called RescueTime, Sethi measured that he was spending too much time, almost six hours a day, on Facebook and Reddit.

“Nothing makes me more embarrassed than seeing the amount of hours I spend wasted on Reddit and Facebook chat.”

This meant that Sethi was only 38% productive and wasted 19 hours of his time per week.

“I figured, ‘This is stupid, why am I wasting this time doing nothing? When I have a boss, or someone of authority watching me, I always get my work done. How can I simulate the authority figure?’”

Soon, Sethi hired Kara on Craigslist out of the 20 people who responded to his posting.

He discovered that his pain-for-gain method worked as his average productivity that was around 35-40% skyrocketed to 98% in Kara’s presence.

“But not only did my productivity skyrocket—the quality of the work I did skyrocketed as well. …. She also helped me push through an application for a secret project that I applied to—an application that won, out of hundreds of applicants.”

And, no he has no fetish to be slapped by strangers especially women as he recently tweeted.

Sethi summed-up the major reasons for hiring someone on Craigslist to watch improve his productivity and quality of work:

  • Someone else, besides me, knew exactly what I wanted to accomplish that day. 
  • Kara pushed me through the cheese monster.
  • I finally had someone to bounce ideas off of.
  • The Slap Challenge added a playful, silly element to working. 
  • Having another pair of eyes to go over my content drastically improved the quality of my work.

As Sethi’s story once again became viral on social media, he tweeted: “This was the foundation for a company I built, @pavlok

The story that began with just an idea and an experiment now has more than 100k users.

The successful result of Sethi’s social experiment was the invention of his shocking product, Pavlok.

Ivan Pavlov and his staff demonstrating condition reflex phenomenon with a dog.

The name of the device, Pavlok, is a play on the classical conditioning experiment performed on his dog by scientist Ivan Pavlov.

Image source: Pavlok.

This new wristband device looks like a FitBit but is meant to curb poor behaviour with old conditioning techniques using an electrical charge that is “nice to mildly unpleasant.”  

According to the company website, Pavlok is the only wearable device that helps people snap out of automatic habit loops and take control of their behaviour.

It uses SNAP (Sensory Neural Automatic Processing) technology to help change habits for good.

“Pavlok’s Snap is a patent-pending stimulus that causes your brain to snap out of autopilot and become present and aware. The Snap is adjustable, safe, and can be used for almost every habit loop.”

Users set the habit that they wish to quit using the accompanying app.

The device automatically delivers a vibration or electrical zap when the person indulges in a set bad habit.

Sethi is the founder of a web design company “StandardDesign” and CEO of Pavlok that he founded in 2014 after raising $283,827 in a spectacularly successful IndieGoGo campaign.

He also appeared on Shark Tank seeking investment of $500,000 in exchange for an extraordinary 3.14 percent stake in Pavlok. 

Sethi has also authored two books Game Programming for Teens and Hack the System.

Today, Sethi’s business is growing and he has developed tools to help such as a productivity extension for Google Chrome as well as an online course that teaches “unwanted habits.” 

No more 72-Hour isolation requirement for International arrivals in NSW and Victoria from 21 December

No more 72-Hour isolation requirement for International arrivals in NSW And Victoria from 21 December; Picture Source: @Qantas
No more 72-Hour isolation requirement for International arrivals in NSW And Victoria from 21 December; Picture Source: @Qantas

International travellers and aircrew arriving in Melbourne and Sydney will no longer need to isolate for 72 hours.

This comes after Victoria and New South Wales have agreed to introduce consistent COVID-19 requirements for people arriving from overseas.

From the beginning of Tuesday, 21 December all fully vaccinated international travellers and flight crew arriving in NSW and Victoria will be required to get a PCR test within 24 hours after arrival and isolate until they receive a negative result.

Under existing arrangements they are also required to produce a negative pre-departure test, within three days of boarding their flight.

As the 72-hour isolation period is no longer required, and those arrivals and aircrew already in isolation may leave once they receive a negative PCR test.

Indian Australians at Airport, Picture Source: @CANVA
Indian Australians at Airport, Picture Source: @CANVA

Testing requirements

a- NSW arrivals must also comply with the NSW Health Guidelines for Recent Fully Vaccinated Arrivals.

After arriving in NSW, passengers must have a COVID-19 nose and throat PCR test:

  • Within 24 hours of arriving in NSW
  • On or after day 6 after arriving in NSW.

A test on day 12 after arriving in NSW is strongly recommended.

b- Arrivals in Victoria must also get a PCR test between days five and seven after arrival.

Any passengers arriving from overseas into NSW and Victoria aged 18 years and over who are not considered fully vaccinated must still go directly into 14-day mandatory hotel quarantine.

With both states achieving high double vaccination rates and rapidly rolling out booster vaccination programs, the introduction of new streamlined arrivals processes will simplify and clarify the process for travellers, airlines and airports.

New South Wales Premier Dominic Perrottet said the removal of the isolation requirement would make the process easier for international travellers and help keep flight crew in the air.

New South Wales Premier Dominic Perrottet; Picture Source: Twitter @Dom_Perrottet

“We know it has been a challenging time for international travel with new rules and the emergence of the Omicron variant, but this announcement is about simplifying the process and making sure Australia’s two biggest cities have a consistent approach,”

Mr Perrottet said.

“This decision has been made with safety remaining the top priority, which is why all arrivals must return a negative PCR test before they can exit isolation and have an additional test following that,” added Mr Perrottet

Victoria’s Minister for Health Martin Foley made the decision to change the requirements for international travellers arriving in Victoria.

Acting Victorian Premier James Merlino said the change would make it easier for international travellers arriving back in Victoria and New South Wales, while ensuring the community is protected as we learn to live with COVID-19 and new variants.

“With more than 92 per cent of Victorians 12 years and older double-vaccinated, Victorians have given themselves the strongest chance of living safely with coronavirus and enjoying more freedoms this festive season, while we continue to monitor the Omicron variant,”

Mr Merlino said.
Health-Minister-Martin-Foley; picture Source: Supplied
Health-Minister-Martin-Foley; picture Source: Supplied

Those eligible for a booster five months after their second shot and are urged to book an appointment as soon as possible – especially those at higher risk of contracting coronavirus, such as healthcare workers.

From 10 January 2022, children five to 11 years old will also be eligible for vaccination.

The NSW Government has increased penalties for non-compliance with the isolation, testing and quarantine requirements remain, with individuals facing fines up to $5,000 and $10,000 for corporations.

Two Indian-origin cricketers in Australia’s U19 World Cup squad

Nivethan Radhakrishnan, H Bawaja - Image source: Tasmanian Tigers, Vic Premier Cricket
Nivethan Radhakrishnan, H Bawaja - Image source: Tasmanian Tigers, Vic Premier Cricket

Australia has confirmed their squad for the upcoming ICC Men’s Under-19 Cricket World Cup 2022 in the Caribbean.

The squad includes Harkirat Bajwa, Aidan Cahill, Cooper Connolly, Joshua Garner, Isaac Higgins, Campbell Kellaway, Corey Miller, Jack Nisbet, Nivethan Radhakrishnan, William Salzmann, Lachlan Shaw, Jackson Sinfield, Tobias Snell, Tom Whitney, and Teague Wyllie.

While, Liam Blackford, Liam Doddrell, Joel Davies, Sam Rahaley, and Aubrey Stockdale have been picked up as reserves.

Nivethan Radhakrishnan, who moved to Sydney from India in 2013, is the only known ambidextrous cricketer in Australia.

The 19-year-old has also spent time in the Indian Premier League as a net bowler for Delhi Capitals, coached by Australian legend Ricky Ponting.

17-year-old Harkirat Bajwa has also been picked as an underage player who will still be eligible for selection for the 2024 tournament.

Coached by Anthony Clark, Australia has been drawn alongside hosts West Indies, Scotland and Sri Lanka in Group D of the pool stage. 

“Our squad includes players of all disciplines with experience in domestic cricket environments, and many have produced eye-catching performances across a variety of strong competitions this season. The Under-19 World Cup provides players with an exceptional development opportunity and we look forward to seeing them represent their country with distinction.”

The 15-player squad will assemble in Melbourne during the Boxing Day Test for January’s World Cup in the West Indies.

Australian Squad for ICC U19 World Cup

Harkirat Bajwa (VIC – Melbourne CC)
Aidan Cahill (NSW – Newcastle City CC)
Cooper Connolly (WA – Scarborough CC)
Joshua Garner (VIC – Geelong CC)
Isaac Higgins (SA – Glenelg CC)
Campbell Kellaway (VIC – Melbourne CC)
Corey Miller (NSW – Northern District CC)
Jack Nisbet (NSW – Sydney CC)
Nivethan Radhakrishnan (TAS – Hawkesbury DCC/Kingborough DCC)
William Salzmann (NSW – Campbelltown-Camden DCC)
Lachlan Shaw (NSW – Northern Districts CC)
Jackson Sinfield (QLD – Redlands CC)
Tobias Snell (QLD – Toombul CC)
Tom Whitney (QLD – Western Suburbs CC)
Teague Wyllie (WA – Rockingham-Mandurah CC)

Reserves

Liam Blackford (VIC – Geelong CC)
Liam Doddrell (NSW – St Clair CC)
Joel Davies (NSW – Manly Warringah DCA)
Sam Rahaley (SA – Kensington)
Aubrey Stockdale (QLD – Toombul CC)

ICC U19 Men’s Cricket World Cup Groupings

Group A – Bangladesh, England, Canada, United Arab Emirates
Group B – India, Ireland, South Africa, Uganda
Group C – Afghanistan, Pakistan, Papua New Guinea, Zimbabwe
Group D – Australia, Scotland, Sri Lanka, West Indies

Australia’s ICC U19 Men’s Cricket World Cup Group Matches

Jan 14: West Indies v Australia, Guyana National Stadium
Jan 17: Australia v Sri Lanka, Conaree Cricket Center
Jan 19: Australia v Scotland, Conaree Cricket Center

Indian-origin Leena Nair appointed global CEO of fashion house Chanel

Leena Nair; Image source: Leena Nair - Twitter.
Leena Nair; Image source: Leena Nair - Twitter.

French fashion house Chanel has named 52-yaer-old Indian-origin Leena Nair as its next global CEO.

Leena was previously an executive at Unilever (ULVR.L) where her career spanned 30 years.

She is a British national, born in India, who moved to London in 2013 as its global senior vice-president for leadership and organisation development.

She was later elevated in 2016 and became Unilever’s first female and youngest ever CHRO.

Leena studied in Holy Cross Convent school in Kolhapur and did her electronics engineering at Walchand College of Engineering, Sangli, Maharashtra.

She is a gold medallist from XLRI and is credited for several HR interventions, including ‘Career by Choice’, a programme which allows women who have fallen off the career ladder to re-join the workforce.

She said in a Linkedin and Twitter post:

“I am humbled and honoured to be appointed the global chief executive officer of Chanel, an iconic and admired company. I am so inspired by what Chanel stands for. It is a company that believes in the freedom of creation, in cultivating human potential and in acting to have a positive impact in the world. I am grateful for my long career at Unilever, a place that has been my home for 30 years. It has given me so many opportunities to learn, grow and contribute to a truly purpose-driven organisation. I will always be a proud advocate of Unilever and its ambition to make sustainable living commonplace.”

Chanel was founded in 1910 by fashion legend Gabrielle “Coco” Chanel as a hat boutique on rue Cambon in Paris.

Chanel said in a statement that Leena would join at the end of January and be based in London.

It added that the new appointments would ensure its “long-term success as a private company.”

Alan Jope, Unilever CEO, said in a statement:

“Leena has been a pioneer throughout her career at Unilever, but no more so than in her role as CHRO, where she has been a driving force on our equity, diversity and inclusion agenda, on the transformation of our leadership development, and on our preparedness for the future of work. She has played a critical role in building our purpose-led, future-fit organisation, which is now the employer of choice in over 50 countries globally.”

Leena also serves as a non-executive board member at BT (BT.L) and has previously served as non-executive director of the British government’s business, energy and industrial strategy department.

She joins the list of Indian-origin CEO’s who deal with a multi-ethnic workforce and business spread across the world.

Should Australia make Maths compulsory for year 11 and 12?

Image source: ACER.

In 2020, as per Trends in International Mathematics and Science Study (TIMSS) survey, Australia was among top ten countries in maths and science. 

14,950 Australian students (years 4 and 8) from 571 Australian schools participated in this survey.

The primary underlying factor behind poor achievement was the difference in socioeconomic background of school students.

This caused an imbalance in opportunities and resources available to these students.

Keeping in mind the low enrolment rates, New South Wales (NSW) even wished to make maths compulsory in years 11 and 12.

The country’s largest education system wanted to reverse the slide in maths enrolments and bring in much needed maths-teaching reforms in the state.

Image source: International comparison: key countries: Mean score, comparable countries vs Australia, 2019 – ACER.

Now, a public paper issued by the Actuaries Institute seek policymakers to step-in and change the way maths is delivered for better outcomes.

It aims to make public policy recommendations that will lead to more students studying maths, and at higher levels in Australia.

“Making mathematics more relevant and interesting may also uncover students with the ability and interest to study mathematics, giving a wider cohort the confidence and ability to choose a wider range of degrees at university.”

According to this paper, titled “Mastering Mathematics for Australia’s Future,” Australian students’ aspirations and their awareness of the value of STEM skills and the breadth of STEM careers is declining.

Image source: Actuaries Institute – website.

Actuaries Institute Chief Executive Elayne Grace says that Australian actuaries depend on the
development of deep maths skills to work across a very broad range of industries.

“The bedrock of those skills is taught in school, and then university.”

The paper notes that Australian students do not understand how maths is relevant to every-day life. Martin Mulcare, who developed the policy paper, says:

“Effective maths education is vital for young Australians to help them confidently apply maths to everyday tasks and to create high level capabilities that support the growth of science, technology, engineering, and mathematics (STEM) industries in Australia.”

Actuaries work in risk assessment in sectors that include insurance, superannuation, climate change and data analytics. Jefferson Gibbs, the Actuaries Institute President, says:

“Proficiency in maths opens doors to many careers. Having maths skills creates opportunities that are otherwise closed off. These skills are important not just for Australia’s rankings, in terms of education and workforce standards, but also for opportunities that open up for individuals.”

The paper states only 20.5% of Year 12 students currently choose to study intermediate maths and only 10.1% study maths at a higher level, rates that have declined from 23.3% and 11.6%, respectively, in 2008.

Further, only 7% girls study higher level maths, and there are stark differences between maths and numeracy rates between city and regional kids.

The paper suggests that policymakers should make a concerted effort to get more girls enrolled in maths to stave off a potential shortage of STEM workers in Australia.

“Males are more than one-and-a-half times more likely to study higher level maths than females. This contributes to the underrepresentation in mathematics-intensive STEM careers, which exacerbates gender wage inequality.”

Image source: Prof. Asha Rao – RMIT University.

Prof. Asha Rao, who is Associate Dean (Mathematical Sciences) at RMIT University and an inductee in the 2021 Victorian Honour Roll of Women, agrees with the recommendation.

“As the Actuaries Institute says, when a girl does maths, her career options expand massively. Mathematics is the foundation and language of the universe. Whether it is building a better smartphone or giving the best treatment for cancer, an understanding maths is essential.”

She further adds that her message for the girls is:

“Do the highest maths you can. You never know when you will use it. It will be there when you need it.”

It also suggests that every Australian school leaver should be able to demonstrate a minimum standard of numeracy.

The paper observes that state’s education system should be accountable for delivering that outcome with a range of suitable courses.

Elayne Grace adds that continued learning should be encouraged at Australian schools:

“We need to ensure the way maths is taught encourages continued learning and enjoyment. And students who take on harder subjects at school, like higher level maths, should be rewarded by universities for doing so.”

The paper is based on existing evidence-based research and acknowledges that innovation and technology will increasingly drive Australia’s economy as it moves away from current commodity-based industries.

Key recommendations made in the paper include:

  • Compulsory mathematics or numeracy courses for all students to school completion.
  • STEM industries to support the mathematics curriculum.
  • Advanced training for mathematics educators.
  • Appropriate mathematics prerequisites for STEM-based university degrees.
  • University admissions to reward students undertaking higher-level mathematics.
  • Promote greater female participation in higher mathematics.

Australia announces new changes to international travel arrangements, Here’ details

International Traveller; Picture Source: @CANVA
International Traveller; Picture Source: @CANVA

World Health organisation says new COVID-19 Omicron variant has now been reported in at least 77 countries.

In line with other countries including the United Kingdom, the border measures under the Biosecurity Act 2015 restricting travellers who have been in the 8 Southern African countries from entering Australia has now ended.

Australian Government’s Chief Medical Officer, Professor Paul Kelly says, “Given the global spread of Omicron, international border bans are no longer a proportionate or effective means to contain the spread of Omicron.”

At this stage there are no direct flights from Southern Africa to Australia and only Australian citizens, permanent residents, immediate family members, parents and eligible visa holders are able to enter Australia.

From today onwards Australia is also reopening to vaccinated travellers from Japan and Republic of Korea.

“We are also opening up to international skilled and student cohorts, humanitarian, working holiday makers and provisional family visa holders,”

said Prof Kelly

All arrivals to Australia require a negative COVID-19 Polymerase Chain Reaction (PCR) test (nose and throat) within three days of travel and by law must complete Australian traveller declaration forms declaring their vaccination status and confirming that they are aware of state and territory public health requirements.

Prof Kelly claims, “Australia is well placed to deal with COVID-19 and its emerging challenges like the Omicron variant. Our high COVID-19 vaccination rates and boosters have put us in a very good place.”

“We are one of the first countries to roll out population-wide boosters. We are well prepared. Australia’s health system and processes built to manage this virus can be relied on to keep us safe.”

Australia has officially confirmed 109 cases of Omicron in few states. Globally, this number is more than 13,000. Early data indicates that Omicron is more transmissible, however research is underway to understand if this is due to the variant itself or other factors.

Indian international student achieves dream job in Australia after near-fatal accident

Anjali Krishnaa Warrier; Image source: Anjali Warrier - UQ.
Anjali Krishnaa Warrier; Image source: Anjali Warrier - UQ.

23-year old girl from Bangalore, India, Anjali Krishnaa Warrier, came to Australia to fulfil her dream of becoming a vet.

However, a devastating car crash that happened in a remote area of Queenstown in New Zealand left Anjali with two broken vertebrae, a fractured pelvis, a severed artery and a traumatic brain injury.

This accident happened on the last day of an internship in 2016 and forced Anjali to put her studies on hold for two years at the University of Queensland (UQ).

During the period of recovery, Anjali just dreamt of completing her studies and graduating as a veterinarian.

Anjali, who grew up in the company of animals, says she knew from an early age that she wanted to be a vet.

“I’m so grateful that I always knew that I wanted to be a vet, because after my accident, I knew my ambitions and it was so much easier to work towards that goal.”

The inspiration to be a vet was to follow in the footsteps of a treasured family friend, lovingly called ‘uncle’.

“We lived in my grandparent’s house in India when I was a child, and my ‘uncle’ had a veterinary practice underneath and as long as I remember I was coming home to a vet clinic, so it’s always been my dream.”

Anjali spent two weeks in an induced coma and 34 days in intensive care, waking up two months later in a Melbourne hospital.

Image source: Anjali Krishnaa Warrier with family – UQ.

More than a year of intense rehabilitation and despite having to learn how to walk again and enduring prolonged memory loss, Anjali was determined to fight for her dream.

“My uncle the vet was diagnosed with cancer in 2019 when I was back in full time study in third year –  and that hit me hard. The one thing I had always wanted was for him to be there at my graduation because he had always been my inspiration. That’s when I decided that I was going to graduate in 2021.”

Anjali returned home to complete her rehabilitation regime and in 2019 rejoined the course. She adds:

“I knew it would be hard because my memory in 2019 was pathetic and I couldn’t remember things from the day before. But I told myself I am going to work hard because this is what I want, and this is meant to be.”

She set herself goals, visualised her success and kept a daily countdown to the 2021 graduation ceremony.

Image source: Anjali Krishnaa Warrier – UQ.

Anjali feels grateful for the widespread support she received from family and friends in the past five years.  

“God’s grace, support from my parents and brother, my extended family, friends, well-wishers, UQ and staff at the School of Veterinary Science are the reasons I am where I am today. I’ve learned so much in the past five years, and when I think of the person I am today – I wouldn’t be here if it wasn’t for the accident.”

Anjali has graduated in veterinary science and will start her new career as a vet on January 10, 2022.

India’s upGrad to buy Australian Global Study Partners for $16 million

India’s leading edtech player upGrad has announced that it will acquire Australia’s Global Study Partners (GSP).

GSP, founded in 2015, is the largest study abroad company with its headquarter in Sydney.

Image source: Elaine Starkey – GSP – Twitter.

GSP founder and chief executive Elaine Starkey believes that this deal with upGrad can expect significant growth in quality student enrolments.

GSP has a network of over 600 institutions in Australia, Britain, Canada, and the US, and over 1,300 recruitment partners.

These partners include education and migration agents, test preparation centres, alumni associations,schools, etc.

Image source: Ram Gorlamandala, Founder and CEO at Tat Capita – LinkedIn.

Ram Gorlamandala, Founder and CEO at Tat Capital, congratulated both upGrad and GSP on this deal:

“This acquisition further validates Tat Capital’s vision around #Australia & India markets & is delighted to have been part of the Global Study Partners journey over the last 5 years in many ways.”

upGrad, started in 2015, is now a pioneer in the online education revolution in India.

It offers more than 100 courses in collaboration with top-notch global/local universities like Deakin Business School (Australia), Duke CE (US), Michigan State University (US), Liverpool Business School (UK), IIT Madras (India), IIM Kozhikode (India) and others, has empowered over 10 lakh registered learners over 50 countries across the world.

upGrad has been growing through acquisitions and has earmarked USD 250 million for this purpose.

It has entered into an acquisition agreement to buy 100 per cent of GSP for AUD 16 million with a commitment of a further AUD 10 million in future.

It is promoted by Ronnie Screwvala and this acquisition marks its foray into the study abroad space.

Chairman and co-founder Screwvala said in a statement:

“As an integrated edtech leader, we span the entire gamut of a learner’s need from the age of 18-50, and in that, study abroad is a key growth initiative for us – not just out of India, which is one of the two largest markets but also for our learners internationally.”

Australia is one of the biggest destination markets for Indian students.

upGrad expects growth to accelerate further, and sees the number of students opting for overseas higher education doubling to approximately 1.8 million by 2024. 

It said 8 million students would be spending as much as $85 billion in online overseas higher education, as online courses become more accessible amid the pandemic-led restrictions.

“Our multicultural communities have played a vital role in our national success:” PM Scott Morrison

PM Scott Morrison; Picture Source: Supplied
PM Scott Morrison; Picture Source: Supplied

2021 has been an extraordinary year.

Australians have been challenged in many ways, but we’ve also risen to those challenges.

We are a strong and resilient people, and if you ask Australians to stand up, take action and play their part, they will – and they have.

I thank all Australians for doing their bit – the nurses, doctors, mental health professionals, retail staff, cleaners, truck drivers, farmers, teachers and public servants.

What we have achieved together – saving more than 30,000 lives, supporting over 3 million Australians through JobKeeper, and getting 1 million Australians back into work – it’s something every Australian can be proud to share.

To date over 20 million Australians have had a vaccination, and over 18 million have had two.

I want to thank our multicultural communities for rolling up their sleeves to get the jab because, under the National Plan, that means we can open safely and we can remain safely open as we go into 2022. It means those jobs come back, the businesses come back and the livelihoods come back.

Our multicultural communities have played a vital role in our national success.

I know it’s been difficult for so many to be separated from family and friends, and not be able to celebrate traditions and religious ceremonies as you normally would.

But you’ve stayed the course.

You’ve done whatever it takes to keep each other safe.

You’ve kept going, stayed strong and helped keep our nation together.

That’s why Australia is the most successful multicultural nation in the world.

A place where we all buy in and draw strength from our shared values – such as mutual respect and individual responsibility.

Your efforts have helped the country that we all love and care about respond so magnificently to this pandemic.

I can’t thank you enough.

This is why our country can open safely and stay safely open.

As we reclaim our lives and reunite with each other again, we can put 2021 in the rear-vision mirror and move forward to 2022 with confidence.

I wish everyone a Merry Christmas, a bright and happy summer, and a hopeful new year.

The Hon Scott Morrison MP
Prime Minister of Australia

Are International Student fees on rise at Australian Universities? Find out why

A new book entitled Australia’s Universities: Can They Reform? claims that Australia’s universities would do well if they capped overseas student enrolments at 2010 levels.

This would make them “small, healthier and more stable institutions.”

The books author,  Dr Salvatore Babones is an American political sociologist and and higher education commentator.

He is presently working as an Associate Professor at the University of Sydney in Australia.

Image source: Dr Salvatore Babones – Wikipedia.

Dr Babones’ research is related to macro-level structure of the world economy, with a particular focus on China’s global economic integration.

This new book is a follow-up to his 2019 CIS paper titled “The China Student Boom and the Risks It Poses to Australian Universities”.

Here, he argued that Australia’s universities were taking a multi-million dollar gamble with taxpayer money to increase revenue and pursue an international growth strategy.

“As long as their bets on the international student market pay off, the universities’ gamble will look like a success. If their bets go sour, Australian taxpayers may be called on to pick up the tab.”

In his new book, Dr Babones highlights how Australia’s top universities are busy recycling international student fees into international rankings success.

According to Dr Babones, all this is done without relaising the hardships it imposes on domestic students who are pushed into larger classes often taught by less-qualified instructors. He told AFR:

“I had bought into the narrative that international students were highly remunerative for Australian universities. But when I started adding up the amount of revenue that Australian universities generate on the basis of their domestic student enrolments, a different picture emerges.”

He compared per-student revenue for domestic and international students, only to find that overseas students contributed just $500 more.

For example, per-domestic student funding at Australian National University (ANU) is calculated at $69,563, $45,080 at the University of NSW (UNSW) and $42,727 at The University of Melbourne. The average, according to Dr Babones, is $29,000.

While, international students at those universities pay, on average, $39,750 at ANU, $40,740 at UNSW and $38,171 at Melbourne, he estimates. The average revenue per international student is $29,500.

As per the above calculation, Australian universities are losing money on international students by earning less revenue per student for educating international students than they receive for educating domestic students.

Dr Babones has included government research funding in his calculation of the revenue from domestic students, many experts active in the higher education sector feel that this should be considered separately.

He argues that research funding should be included in this calculation as students are being taught by people who are also research active at universities.

Dr Babones proposes that universities which are under-charging international students, should increase their fees to match the money spent by Australian governments on educating domestic students. He told SMH:

“I think at a minimum there should be a floor placed on international student fees, they should have a minimum tuition equal to the average amount paid on behalf of domestic students. They should be paying at least the same. They are at some universities. But at many universities they are paying much less. International students are not carrying the full cost of their education.”

Phil Honeywood, the chief executive of the International Education Association of Australia (IEAA), told SMH that international students’ tuition fees were an average of about three times those of a domestic student.

WATCH VIDEO: Australia’s Universities: Can They Reform? – With Salvatore Babones

India-Australia travel bubble established, Here’ details

International student at Airport; Picture Source: CANVA
International student at Airport; Picture Source: CANVA

India has established an air bubble with Australia. The Indian and Australian carriers may carry the passengers on their flights being operated between India and Australia.

Indian Ministry of civil aviations says, “Transport Bubbles” or “Air Travel Arrangements” are temporary arrangements between two countries aimed at restarting commercial passenger services when regular international flights are suspended as a result of the COVID-19 pandemic.

“This travel bubble is reciprocal in nature, meaning airlines from both countries enjoy similar benefits.” 

A. Inbound flights into India: 

a. Indian nationals or nationals of Nepal or Bhutan in Australia and New Zealand;

b. All Overseas Citizen of India (OCI) cardholders and PIO cardholders holding passports of any country; and

c. All foreign nationals holding a valid Indian visa as per extant guidelines.

Indian Australians at airport, Picture Source: Gaura Travels
Indian Australians at airport, Picture Source: Gaura Travels

B. Outbound flights from India: 

a. Nationals/residents of Australia, and foreign nationals with valid visa who are eligible to enter Australia/New Zealand;

b. Any Indian national or national of Nepal or Bhutan destined for Australia/ New Zealand and holding a valid visa of the destination country. It would be for the airlines concerned to ensure that there is no travel restriction for Indian/Nepalese/Bhutanese nationals to enter the destination country before issue of ticket/boarding pass to the Indian/Nepalese/Bhutanese passenger; and

c. Seamen of foreign nationalities and Seamen holding Indian passports would be allowed subject to clearance from the Ministry of Shipping.

Visa holders and International students permitted to enter Australia from 15 December: PM Morrison

Former Prime Minister Scott Morrison; Picture Source: The Australia Today
Former Prime Minister Scott Morrison; Picture Source: The Australia Today

International Students Skilled workers and working holiday makers will be allowed to enter Australia from Wednesday 15th December 2021.

Howver, only fully vaccinated international travellers will be able to enter Victoria, New South Wales and South Australia.

Prime Minister Scott Morrison made the announcement after the consultation with Chief Medical officer of Australia.

All arrivals to Australia also require a negative PCR test and to complete Australian traveller declaration forms detailing their vaccination status and confirming requirements to comply with state and territory public health requirements.

Under state public health requirements, New South Wales and Victoria have already initiated testing and 72 hours of isolation requirements for Australian citizens, permanent residents and immediate family members entering the country. 

In other states, 14 days of managed quarantine is required, and traveller cap arrangements are in place.

“Chak de Phatte India”: Harnaaz Kaur Sandhu crowned Miss Universe 2021

Harnaaz Kaur Sandhu; Image source: Harnaaz Kaur Sandhu - Twitter.
Harnaaz Kaur Sandhu; Image source: Harnaaz Kaur Sandhu - Twitter.

21-year-old Harnaaz Kaur Sandhu has been crowned Miss Universe 2021 in an event hosted this year in southern Israel.

Harnaaz is a model hailing from Chandigarh, where she finished her schooling and college.

She is now pursuing her master’s degree in public administration as well.

She has been active in the fashion industry and has even starred in films like Yaara Diyan Poo Baran and Bai Ji Kuttange.

Hranaaz was crowned by her predecessor Andrea Meza of Mexico, who won the pageant in 2020.

In her speech, Harnaaz urged young people to “know that you are unique and that’s what makes you beautiful, stop comparing yourself to others.”

“I believed in myself, and that’s why I’m standing here today.”

This year’s beauty pageant was held in the beautiful city of Eilat and was hosted by comedian Steve Harvey.

Eighty women from around the world competed for the crown.

Nadia Ferreira of Paraguay and Lalela Mswane of South Africa were the first and second runners-up.

Steve was criticised online for asking Harnaaz: “I hear you do some pretty good animal impersonations, let’s hear your best one.”

Harnaaz looked surprised but demonstrated her skills.

“Oh my god, Steve, I was not expecting to do this on the world stage. I have to do this, I have no other option. Brace yourselves, everyone.”

Harnaaz even took the opportunity to spread a message on climate change.

“This is the time to take action and talk less. Prevent and protect is better than repent and repair.”

After her win was announced, Harnaaz celebrated with other contestants on stage and shouted: “Chak de Phatte India.”

Harnaaz’s win is a historic one for India as she brings home the title 21 years after Lara Dutta Bhupathi won it in the year 2000. She is also the third Indian woman to be crowned Miss Universe.

Prof. Neeli Bendapudi becomes first Indian-origin female President of Penn State University

Image source: Prof. Bendapudi - Penn State.

Indian-origin marketing professor Neeli Bendapudi, currently president at the University of Louisville, Kentucky, has been unanimously named Penn State University’s next president by the Penn State Board of Trustees.

Image source: Matt Schuyler, chair of the Board of Trustees – Penn State.

Matt Schuyler, chair of the Board of Trustees said in a statement:

“We are proud to welcome Dr. Bendapudi to Penn State. She is a dynamic and innovative leader who has dedicated nearly her entire professional life to higher education and is prepared to help our University advance in the ways we support students, create new knowledge and serve society.”

She will begin her appointment as Penn State’s 19th president in spring 2022.

Image source: Prof. Neeli Bendapudi – Penn Sttae.

Prof. Bendapudi will make history as the first woman and person of colour to serve as the university’s president.

She was born in Visakhapatnam and came to the US in 1986 for higher studies. Today, she is a recognised as a leader in higher education specialising in marketing and consumer behaviour.

She has nearly 30-year career in academia and has also served in a variety of administrative roles over the years, including as provost and executive vice chancellor at the University of Kansas, dean of the School of Business at the University of Kansas, and founding director of the Initiative for Managing Services at Ohio State University.

Prof. Bendapudi has dedicated her career to student success, fostering inclusivity, and creating opportunities for students, faculty and staff to thrive.

She said in a statement:

“Penn State is a world-class university, and I couldn’t be prouder and more excited to join this vibrant community of outstanding students, faculty, staff and alumni throughout the commonwealth and beyond.”

She added:

“Thank you to the Penn State community and Board of Trustees. I am grateful for this opportunity and will make it my mission to help Penn State reach new heights across each of our campuses.”

Prof. Bendapudi will succeed President Eric J. Barron, who will retire after serving Penn State for more than 30 years in various roles, including most recently as president since 2014.

WATCH VIDEO: Meet Penn State’s 19th President: Neeli Bendapudi

Market Mantra: Australian shares rise on easing Omicron woes despite Evergrande default

Representative Picture; Market @Canva
Representative Picture; Market @Canva

Australian shares managed to record its first weekly gain in five weeks despite a slump in technology and energy stocks as investors take solace in easing concerns over the economic impact of the Omicron coronavirus variant.

The weekly rise in equities however still points more towards markets taking a refreshing pause after the carnage caused by fear of the Omicron variant rather than turning towards a new bullish rally.

The rise in Australian shares was however more impressive compared to the rest of the World given news that Chinese property group Evergrande has finally defaulted on its debts. The news immediately refreshed fears about the economic environment in China, Australia’s largest trading partner.

The fears on Chinese economy resulted in energy stocks going south on reduced expected demand. The export dependant healthcare also took a hit on China worries with CSL falling more than 2%.

Technology stocks were also down for the week taking cues from sell off in US markets with Buy Now Pay Later companies such as Afterpay and Zip leading the declines.

It was a fantastic week however for Gina Rinehart backed Vulcan Energy which rose close to 20% for the week on announcement of an off-take agreement of its zero-carbon lithium with auto giant Volkswagen.

Looking ahead this week the Mid-Year Economic and Fiscal Outlook due this week will show what kind of a debt all the Federal spending during the COVID-19 pandemic has added up to.

Most analysts currently are betting at a Budget deficit of $106 billion for the year 2021/22. We believe however that given Victoria, despite a healthy land tax and stamp duty revenue announced a deficit of $19.5billion dollars, this figure would be much higher.

At the very least, we’ll all be paying plenty of taxes for the years to come just to meet the interest on those Budget deficits.

Other data that will keep investors interested will be the job vacancies numbers, consumer confidence, RBA board meeting minutes and jobs and wages numbers.

Internationally, Chinese retail, investment and production figures will keep traders on the tenterhooks. These numbers are expected to shed light on how much is China’s economy slowing in the wake of Evergrande’s solvency issues.

In regards to gold, the yellow metal recorded its fourth consecutive weekly decline as investors continue to exercise caution amid Omicron worries.

Gold continues to trade amid $1770-$1810 range with investors worried about a hawkish Fed pivot and at the same time still uncertain around the Omicron variant, which could delay the interest rate rise.

According to Wang Tao, Reuters technical analyst, after the inflation numbers in US calming the gold investors Spot Gold looks set to retest resistance at $1789, a break above which could lead to a gain in precious metal prices all the way to $1805.

Oil prices posted their biggest weekly gains since late August, after markets were buoyed by easing concerns of global economic impact of the Omicron variant and rising fuel demand.

The Brent and US Crude both recorded a gain of about 8% for the week, their first weekly gain in seven, even after a brief decline on Thursday amid concerns surrounding China’s economy following default by Evergrande.

The oil traders are feeling more bullish with the black gold recovering half of its losses suffered since the Omicron outbreak on November 25. 

Keeping a lid on oil gains was however news of faltering domestic air traffic in China, due to tighter travel restrictions and weaker consumer confidence due to repeated small outbreaks. Default by China’s troubled property groups Evergrande and Kaisa have also raised some concerns about future oil demand.

Looking ahead while we are bullish on oil and feel the worst may be over for oil prices we still feel there is some residual risk to oil demand in the very near future.

In regards to the currency markets, the Australian Dollar made a nice comeback last week recovering from a fresh 2021 low of 0.6992 to end at around 0.7170 against the US Dollar.

Market Mantra: Representative Picture; ; Image Source: @CANVA
Market Mantra: Representative Picture; ; Image Source: @CANVA

The local currency rallied against the greenback alongside Wall Street which posted substantial gains last week. The spread of Omicron variant of COVID-19 ha been weighing on markets due to the uncertainty of how transmissible it is and the impact on human health compared to other mutations.

The markets however got a boost last week on early indications pointing towards a highly transmissible strain that may not lead to as many hospitalisations as other strains. While this perspective is yet to be verified it did not stop the investors in going back into risk on sentiment, which favours the Australian currency.

The investors were so buoyed by easing Omicron concerns that they even looked past Evergrande’s default news and continued to boost the Aussie against other major currencies.

Looking ahead for the Australian dollar the unemployment data on Thursday and business and consumer confidence numbers early in the week will be setting the tone for rest of the week.

The week however was not so good for the Indian Rupee which continued to decline against major currencies. The Rupee reached a new 18-month low against the US Dollar on Central Bank divergence. The US Federal Reserve is keen to tighten monetary policy, whereas the RBI is showing no signs of raising interest rates any time soon.

Indian-Rupee; Picture Source: @CANVA
Indian-Rupee; Picture Source: @CANVA

In addition consistent foreign fund outflows from India and rising inflation have accelerated the decline in Indian currency.

Moving onto digital currency markets, the traders in crypto markets are currently not in a happy space with Bitcoin posting its fourth consecutive weekly loss with even positive equity markets failing to unwind the negative sentiment that has gripped the digital assets market recently.

Bitcoin, the largest digital currency continues to test US$50,000 mark since tumbling 21% on 04 December. This is an important level and failure to secure it will most likely continue to spook investors. On the downside $47,300 mark provides immediate support, a breach of which could boost selling pressures.

Bitcoin has lost almost 30% in value since reaching its peak of US $69,000 on 10 November.

With no signs of relief in sight for the digital assets the other coins too got sold during the week. Ethereum struggled to gain pace against the US Dollar $4250 zone and got pushed down to $4040 mark at the time of writing this report.

With risk-off mood in crypto market linked to selling bias surrounding Ethereum, as per some of the analysts, the downside correction in crypto assets may be extended if Ethereum does not start a new upward trend above $4250 soon.

In agricultural products, wheat posted second consecutive weekly decline on improved world supply outlook after US Department of Agriculture (USDA) forecasted larger than expected global production.

The USDA raised its global wheat ending stocks by a greater than anticipated 2.38 million tonnes on a stronger production outlook for Australia and Canada.

A high demand from importing countries for corn and soybeans however helped them rally with corn rising 1% for the week and soybean posting a weekly gain of 0.4%.

Author: Ateev Dang is a trader and trading coach by profession. He runs his own business called Glow trades Pty Ltd where he teaches anyone who is interested in starting on their trading journey on how to trade. He can be contacted on adang@glowtrades.com.au.

Disclaimer: 

The writers’ opinion in the above article are their own and do not constitute any financial advice whatsoever. Nothing published by The Australia Today constitutes an investment recommendation, nor should any data or content publication be relied upon for providing any investment activities.

We strongly recommend that you perform your own independent research and/or speak with a financial advisor or qualified investment professional before making any financial decisions.

COVID and Ganga deaths: Dirty politics of Vulture media exposed by scientific report

Ganga river bank, India; Image Source: Wikipedia.
Ganga river bank, India; Image Source: Wikipedia.

A new study by scientists of Council for Science and Industrial Research (CSIR) and Indian Institute of Toxicology Research (IITR) has found that there was no presence of Coronavirus in any water sample collected during the second wave of COVID-19 from Ganga river locations in the Indian states of Uttar Pradesh and Bihar.

The 120-page study, accessed by the The New Indian, claims that water samples were collected from the 13 locations of Ganga river.

These locations included Kannauj, Unnao, Kanpur, Prayagraj, Mirzapur, Varanasi, Buxar, Hamirpur, Ghazipur, Ballia, Patna, Saran, and Bhojpur.

These samples were analysed by CSIR and IITR for the same RT-PCR testing as done on humans for the detection of SARS-CoV-2 virus.

The report concluded:

“Of total of 132 samples (378 sample triplicates/ 1134 technical triplicates) analyzed, none of the sample was found positive for presence of SARS CoV-2 virus.”

According to Aarti Tikoo, Founder and Editor-in-Chief of The New Indian, this study assumes significance as it comes after several Western media outlets and Indian journalists had attributed the deaths in UP and Bihar near Ganga river due to COVID-19.

The reporting by Western media had triggered outrage as India’s opposition parties had accused UP’s Yogi government of hiding COVID-related deaths.

S K Barik, director, CSIR-IITR told the New Indian:

“It’s now very clear that there was no COVID virus present in the Ganga river. Our report is based on adequate number of sample size as well as rigorous scientific procedure. … the result is that there was no Coronavirus in the water at all.”

The sampling by the CSIR-IITR was done in May and then again June this year and all the samples tested negative.

Now, a key question that arises is whether some Indian and international journalists tried to use COVID-19 as an opportunity to defame India and create disturbance within the country.

UP BJP spokesperson Rakesh Tripathi told The New Indian:

“The attempt over dead bodies and showing corpses and filming them was to create fear psychosis and defame the BJP government in Uttar Pradesh as the state is going for 2022 polls?”

While Surendra Rajput, Congress  national spokesperson, disagreed with the study conducted by scientists.

“The incidents were widely reported and covered by several. Those living by the Ganga too had faced problems.”

The study agrees that disposal of bodies near Ganga took place but it cannot be said that all those people died of COVID as there is no evidence to support this claim purported by international media.

The investigation concluded that in each sampling sites the overall water quality was not affected.

“The analysis report also shows that SARS- CoV-2 was not detected in any of the sites. Thus, it can be concluded that disposal of bodies did not largely affect the water quality of river Ganga though few of the parameters deviated from the standard norms which may be due to other anthropogenic activities.”

Prof. Anand Ranganathan, scientist at the Special Centre for Molecular Medicine at Jawahar Lal Nehru University (JNU), told The New Indian that he wishes UP government had conducted COVID-19 testing for dead bodies.

“the study exposes the entire propaganda run by several in the country and outside to hinder India’s ability to counter Coronavirus and challenge by indigenous vaccination programme.”

The study has been authored by IITR’s Dr Preeti Chaturvedi, senior scientist, environment toxicology; Dr  Aditya Bhushan Pant, senior principal scientist, and DR K C Khulbe, chief scientist.

This has now been forwarded to National Mission for Clean Ganga, Ministry of Jal Shakti and other Centre bodies.

Bollywood actor Vicky Kaushal ties knot with actress Katrina Kaif in dreamy wedding ceremony

Bollywood actor Vicky Kaushal ties the knot with actress Katrina Kaif, at Six Senses Fort Barwara, in Sawai Madhopur; Picture Source: Instagram Katrina Kaif
Bollywood actor Vicky Kaushal ties the knot with actress Katrina Kaif, at Six Senses Fort Barwara, in Sawai Madhopur; Picture Source: Instagram Katrina Kaif

Hold your breath, the first official pictures of Vicky Kaushal and Katrina Kaif’s dreamy regal wedding are finally out and we can’t take our eyes off the newly married bride and groom.

After tying the knot in an intimate ceremony held at Six Senses Fort Bawara, Rajasthan on Thursday, the couple shared captivating pictures from their dreamy nuptial rites. The snaps beautifully capture the different cultures and religions coming together for the union of the star couple in a traditional Hindu ceremony.

In the pictures, Katrina can be seen wearing a gorgeous red Sabyasachi lehenga whose border was adorned with broad golden gota. She chose a royal Rajputana style jewellery inclusive of an elegant Rani Haar, mattha patti, huge nath, heavy earrings, royal bangles, rings and Punjabi style kalira. She tied her hair in a bun adorned by traditional floral gajra.

Her prince charming, Vicky also looked dapper in a gold Achkan, a sherwani, a traditional turban adorned with heavy kalgi, and a pearl-green necklace. 
While the first picture is captured from the garland ceremony, the second shows the couple taking ‘pheras’. The third and fourth candid pictures see the duo embracing each other.

Bollywood actor Vicky Kaushal ties the knot with actress Katrina Kaif, at Six Senses Fort Barwara, in Sawai Madhopur; Picture Source: Instagram Katrina Kaif

The newlyweds wrote the same caption for the post that read, “Only love and gratitude in our hearts for everything that brought us to this moment. Seeking all your love and blessings as we begin this new journey together.” 

The post garnered more than one million likes within a few minutes of being posted. Several celebrities including Sara Ali Khan, Rakul Preet Singh, Malaika Arora, Harrdy Sandhu and Tiger Shroff among others poured in congratulatory messages for the stars in the comments section. 
As per close sources, the couple took the ‘seven pheras’ on Thursday afternoon in the presence of their families and friends.

Bollywood actor Vicky Kaushal ties the knot with actress Katrina Kaif, at Six Senses Fort Barwara, in Sawai Madhopur; Picture Source: Instagram Katrina Kaif

The pre-wedding festivities kick-started on December 7 with mehendi, followed by big fat Punjabi Sangeet Night on December 8.

Kabir Khan, Angad Bedi, Mini Mathur, Neha Dhupia, Gurdas Maan, Sharvari Wagh, and Vijay Krishna Acharya among many others from the film industry were a part of Vicky and Katrina’s wedding festivities.

Bollywood actor Vicky Kaushal ties the knot with actress Katrina Kaif, at Six Senses Fort Barwara, in Sawai Madhopur; Picture Source: Instagram Katrina Kaif
Bollywood actor Vicky Kaushal ties the knot with actress Katrina Kaif, at Six Senses Fort Barwara, in Sawai Madhopur; Picture Source: Instagram Katrina Kaif

The couple will reportedly host a reception in Mumbai for their Bollywood friends.

Ashes, 1st Test, Day 2: Head, Warner help Australia extend lead to 196

Travis Head played a remarkable innings of 112; Picture Source: @ICC
Travis Head played a remarkable innings of 112; Picture Source: @ICC

Travis Head and David Warner played knocks of 112 and 94 respectively as Australia extended its lead to 196 against England on Day 2 of the ongoing first Ashes Test here at the Gabba, Brisbane on Thursday.

At stumps, Australia’s score read 343/7 with the hosts extending their lead to 196 runs. Head (112*) and Mitchell Starc (10*) are currently unbeaten at the crease.

David Warner after the end of the day said that Travis Head played a remarkable innings to take his side to a comfortable position.

Warner himself got among the runs as he scored 94 as Australia extended its lead to 196 in the ongoing Test.

“They did bowl well, didn’t they? They hit the target on a short of a length. What an entertaining innings from Travis Head. It has to be up there for him personally, that’s the Travis Head we know. He backed himself and backed his areas and walks off with 112 to his name,”

said Warner after the close of play on Day 2. 

“At the end of the day, you think this could be your last game and you try to give it everything. Keep it simple and give it everything. I left very well today, I have worked on that especially at the Gabba. When you are out of runs, you deserve some luck and I got it,” he added. 

Travis Head played a remarkable innings of 112; Picture Source: @ICC
Travis Head played a remarkable innings of 112; Picture Source: @ICC

Resuming the third and final session at 193/3, Australia lost back-to-back wickets of David Warner (94) and Cameron Green (0) and were reduced to 195/5.

Warner and Green were dismissed by Ollie Robinson.

Alex Carey and Travis Head then got together at the crease and the duo put on 41 runs for the sixth wicket, however, this stand was cut short by Chris Woakes as he dismissed Carey (12) in the 65th over.

Pat Cummins also departed after playing a 12-run knock but Head played a counter-attacking inning and he went on to bring up his century, further consolidating Australia’s position in the match.

Brief Scores: England 147; Australia 343/7 (Travis Head 112*, David Warner 94; Ollie Robinson 3-48).

Indian-origin Anil Menon among ten astronauts selected for moon mission by NASA

Indian-origin Anil Menon among 10 astronauts selected for moon mission by NASA; Picture Source: @NASA
Indian-origin Anil Menon among 10 astronauts selected for moon mission by NASA; Picture Source: @NASA

Indian origin physician Anil Menon, a lieutenant colonel at the US Air Force, has been selected by NASA along with nine others to be astronauts for future missions, the American space agency has announced.

NASA Administrator Bill Nelson introduced the members of the 2021 astronaut class, the first new class in four years, at Ellington Field near NASA’s Johnson Space Center in Houston recently.

“Today we welcome 10 new explorers, 10 members of the Artemis generation, NASA’s 2021 astronaut candidate class,” Nelson said.

“Alone, each candidate has ‘the right stuff,’ but together they represent the creed of our country: E pluribus unum – out of many, one.”

The astronauts will report for duty at Johnson in January 2022 to begin two years of training. Astronauts will be trained into five major categories: operating and maintaining the International Space Station’s complex systems, training for spacewalks, developing complex robotics skills, safely operating a T-38 training jet, and Russian language skills.

Location: JSC Mall. Photographer: Robert Markowitz
Astronaut Candidate Class of 2021. Photo Date: December 3, 2021. Location: JSC Mall. Photographer: Robert Markowitz

Upon completion, they could be assigned to missions that involve performing research aboard the space station, launching from American soil on spacecraft built by commercial companies, as well as deep space missions to destinations including the Moon on NASA’s Orion spacecraft and Space Launch System rocket.

Anil Menon, 45, lieutenant colonel, U.S. Air Force, was born and raised in Minneapolis, Minnesota. He was SpaceX’s first flight surgeon, helping to launch the company’s first humans to space during NASA’s SpaceX Demo-2 mission and building a medical organization to support the human system during future missions. 

He has also served NASA as the crew flight surgeon for various expeditions taking astronauts to the International Space Station. 

Menon is an actively practising emergency medicine physician with fellowship training in wilderness and aerospace medicine. As a physician, he was a first responder during the 2010 earthquake in Haiti, 2015 earthquake in Nepal, and the 2011 Reno Air Show accident. 

In the Air Force, Menon supported the 45th Space Wing as a flight surgeon and the 173rd Fighter Wing, where he logged over 100 sorties in the F-15 fighter jet and transported over 100 patients as part of the critical care air transport team. 

“Each of you has amazing backgrounds,” Pam Melroy, former NASA astronaut and NASA’s deputy administrator, said to the team of 10 astronauts. “You bring diversity in so many forms to our astronaut corps and you stepped up to one of the highest and most exciting forms of public service.”

Applicants included U.S. citizens from all 50 states, the District of Columbia, and U.S. territories Puerto Rico, Guam, the Virgin Islands, and Northern Mariana Islands. For the first time ever, NASA required candidates to hold a master’s degree in a STEM field and used an online assessment tool. 

Author: SURABHI GUPTA

Indian students interest in Australian universities ‘worsened,’ says report

International students; Image source: Study Adelaide
International students; Image source: Study Adelaide

The Australian Strategy for Higher Education 2021–30 has recommended diversification of international student intake.

Many academics have also been calling for a diversification of migration away from China towards other countries.

India that makes up 21 per cent of international student entries into Australia has emerged as a potentially important source of students in the future.

However, Lowy Institutes’ recent study of Indian sentiment towards education showcases a decline in Australia.

The institute conducted a study that used AI-powered strategic market research techniques to measure public sentiment towards societal trends. They used a large English language data pool of all open-access Internet sources from India.

The aim was to find out what the Indians think about education in Australia and other key competitor countries to whom take up education services – the United States, the United Kingdom and Canada.

According to the survey,  “Indian interest in Australia as an education destination has worsened significantly since November 2020.”

Image source: Emotional response by Indian English speakers to education in Australia in August 2021 – Lowy Institute.

The Indian students sentiment shifted significantly towards dominant and strong negative, including emotions of strong dislike and anger and a reduction in expectation towards Australia as a destination for education.

“This signals that demand for Australia has undeniably waned, presenting a clear and present risk to the recovery of the Indian international student market in the coming year.”

The survey attribute this downturn in sentiment to:

  1. the ban on Indian Australian arrivals in late April 2021;
  2. a deep concern about Australians declining educational performance generally;
  3. concern about Australian education system including educational inequality between public and private, regional, remote and urban and policy and funding issues; and
  4. concern about wage theft that students believe has worsened since Covid-19.

As per the survey and reasons given for decline, it clearly shows that Indian international students are aware consumers of information about Australia.

It is a well-known fact that Indian students choose to study in Australia as they are highly interested in the nation as a migration destination

So, these findings should be of concern to government officials, policy-makers, and senior management of universities who wish to retain the source of highly diversified and skilled migrants flow to Australia.

CEO of mortgage company fires over 900 employees on Zoom call

Image source: Better.com CEO Vishal Garg - Wikipedia.

A CEO of a US-based home-ownership company fired more than 900 employees via Zoom.

This was almost 9 per cent of the company’s workforce.

Better.com CEO Vishal Garg, 43 yo, cited market efficiency, performance, and productivity as the reasons behind the move.

“This is the second time in my career I’m doing this and I do not want to do this. The last time I did it, I cried,” Mr. Garg said on the call.

“I come to you with not great news. The market has changed, as you know, and we have to move with it in order to survive so that hopefully, we can continue to thrive and deliver on our mission.”

Garg added:

“If you’re on this call, you are part of the unlucky group that is being laid off. Your employment here is terminated effective immediately.”

He then told the employees could expect an email from the Human Resource detailing benefits and severance package.

This announcement was reportedly filmed by an employee and has since gone viral on social media.

In a blog later, Garg lashed out at his employees for being ‘idle’.

“You guys know that at least 250 of the people terminated were working an average of 2 hours a day while clocking 8 hours+ a day in the payroll system? …They were stealing from you and stealing from our customers who pay the bills that pay our bills.”

Later, in a statement to CNN, Kevin Ryan, CFO said, “Having to conduct layoffs is gut-wrenching, especially this time of year. However, a fortress balance sheet and a reduced and focused workforce together set us up to play offense going into a radically evolving home-ownership market.”

Many people have termed this announcement as uncompassionate, cold and blunt.

Two current employees have even told Fortune that Garg was renowned for being ‘erratic’.

Better.com is expected to have $1 billion on its balance sheet and is set to go public with a $7.7 billion valuation after backing from Softbank.

Mathematician Nikhil Srivastava selected for inaugural Ciprian Foias Prize

Prof. Nikhil Srivastava -Image source: UC-B
Prof. Nikhil Srivastava -Image source: UC-B

Indian-origin mathematician Prof. Nikhil Srivastava, who teaches at the University of California, Berkeley, has been jointly selected for the inaugural Ciprian Foias Prize by American Mathematical Society (AMS).

The Ciprian Foias Prize in Operator Theory is awarded for notable work in Operator Theory published during the preceding six years.

Prof. Srivastava will receive the prize along with Prof. Adam Marcus and Prof. Daniel Spielman.

AMS said in a statement:

“Together, these ideas provided a powerful toolkit with many applications, notably in the trio’s breakthrough paper “Interlacing families II: mixed characteristic polynomials and the Kadison–Singer problem” (Annals of Mathematics, 2015), which solves the famous “paving problem” in operator theory, formulated by Richard Kadison and Isadore Singer in 1959.”

The award recognises their highly original work that introduced and developed methods for understanding the characteristic polynomial of matrices.

Image source: AMS

In a joint statement, the three awardees said:

“Our involvement was the final chapter of an amazing story we hope will inspire similar solutions to difficult problems in the future.”

Prof. Srivastava double-majored in Mathematics and Computer Science and minored in English at Union College.

He later received his PhD in computer science at Yale in 2010, advised by Dan Spielman. 

After postdocs at the Institute for Advanced Study, the Mathematical Sciences Research Institute, and Princeton University, he moved to Microsoft Research India in 2012, where Prof. Srivastava stayed until 2014 before coming to Berkeley. 

Prof. Srivastava has also won the George Polya Prize in 2014 and the Held prize in 2021.

The prize will be presented on January 5, 2022 at the Joint Mathematics Meeting in Seattle.

This is described as “the largest mathematics gathering in the world.”

Ind vs NZ, 2nd Test: Agarwal, Jayant Yadav shine as India register biggest ever win

Ind vs NZ, 2nd Test: India register biggest ever win; Picture Source: @Canva
Ind vs NZ, 2nd Test: India register biggest ever win; Picture Source: @Canva

Mayank Agarwal’s heroics with the bat and Jayant Yadav’s four-wicket haul in the second innings helped India defeat New Zealand by 372 runs in the second Test of the two-match series here at the Wankhede Stadium on Monday.

With this win, India sealed the two-match series 1-0 and now Virat Kohli’s side will head to South Africa for three Tests and three ODIs, beginning December 26.

However, the second Test will be remembered for Ajaz Patel’s ten-wicket haul in the first innings which made him just the third bowler in the history of the game after Jim Laker and Anil Kumble to achieve the feat.

Indian bowling great R Ashwin said the New Zealand spinner used the seam well and bowled in the right places to dismantle the Indian batting lineup.

“It was a wonderful performance by Ajaz. It doesn’t spin all the time in Wankhede, and he used the seam and put the ball in the right places, and there was a bit of destiny involved in his 10-for too,”

Ashwin told host broadcaster Star Sports at the post-match presentation.


The Player of the match Indian batter Mayank Agrawal said It feels good to be back among the runs and this knock is special for me.

Image

I didn’t change anything from Kanpur, I just had the mental discipline and determination. The technique isn’t going to be the best all the time, it won’t guarantee runs, but the will to fight is key,”

said Mayank.

Team India head coach Rahul Dravid said that the youngsters performing is a good sign for his side and it will help the Virat Kohli-led outfit become much stronger.

Resuming Day 4 at 140/5, overnight batters Rachin Ravindra (18) and Henry Nicholls managed to add just 22 more runs to the total before the former was scalped by Jayant Yadav and the visitors were starring down the barrel, still needing 378 runs for the win with just four wickets in hand.

In his very next over, Jayant Yadav had Kyle Jamieson and Tim Southee dismissed for a duck and it seemed like that the hosts would wrap up the victory before the lunch break on Day 4.

Image

The final two wickets also fell in quick succession and in the end, New Zealand was bowled out for 167, handing the hosts a 372-run win.

Brief Scores: India 325 and 276/7d; New Zealand 62 and 167 (Daryl Mitchell 60, Henry Nicholls; Jayant Yadav 4-49).

Queensland opens doors for travellers, Here’ all rules you need to know

Queensland opens doors just before Christmas; Picture Sourcce: @CANVA
Queensland opens doors just before Christmas; Picture Sourcce: @CANVA

Queensland borders will re-open to domestic travellers from 1 am, Monday, December 13.

As of 1 am, Monday, December 13:

  • Travellers from interstate can arrive by road or air
  • They must be fully vaccinated
  • They must provide a negative COVID test in the previous 72 hours
  • No quarantine is required for the fully vaccinated
  • International arrivals must be fully vaccinated and return a negative COVID test within 72 hours of departure
  • They will be required to get a test on arrival
  • They must go into home or hotel quarantine for 14 days

There are two important changes:

  • Travellers no longer have to wait two weeks to be considered fully vaccinated. One is enough
  • All travellers from hotspots must get a test on Day Five after their arrival

Premier Annastacia Palaszczuk said nominating a time and a date provides certainty for everyone.

“It is clear we will reach our target of 80% fully vaccinated much sooner although exactly when is difficult to predict.

Queensland Premier Annastacia Palaszczuk; Picture Source: Supplied

She said Queensland will be open to business four days earlier than previously announced 17 December. It will provide travellers and businesses with certainty to make their plans.

Vaccinated border zone residents will be able to move freely across the border without the need for a PCR test.

Border passes will be required and they will be valid for 14 days.

Unvaccinated residents will be restricted to travel for the limited reasons that exist now.

“We will live with COVID – but on our terms,”

the Premier said.

Minister for Health Yvette D’Ath said it was a matter of when, not if, the virus began circulating more widely in Queensland.

“We know COVID is coming, we know cases numbers will rise, but we can be as protected as possible by being fully vaccinated. 

“Please make it a priority to protect yourself. The vaccine is safe, effective and free.

“We’ve always said as soon as we reach the 80 per cent target, we will open up Queensland’s borders to reunite families this festive season.

“By announcing a fixed time for the easing to come into effect we can help those families plan.”

From December 17 only fully vaccinated people will be permitted to enter pubs, clubs, cinemas, festivals and theme parks and visit vulnerable settings such as hospitals and aged care accommodation.

Indian-origin Jim Varghese AM appointed Chancellor of Torrens University Australia

Jim Varghese AM - Image source: Facebook - Torrens University.
Jim Varghese AM - Image source: Facebook - Torrens University.

Jim Varghese AM has been appointed as the Chancellor of Torrens University Australia.

In a media release the university said:

“We are delighted to share with you news of our new Chancellor. Mr Jim Varghese AM will succeed Mr Michael Mann AO, as Chancellor of Torrens University.

We are thankful for Michael’s contribution over the years and Jim is the perfect individual to continue this legacy forward. We look forward to welcoming Jim in January 2022.”

Mr. Varghese will take over from Mr. Michael Mann AO who served as the Chancellor from 2012 to 2021.

No photo description available.

Retiring Chancellor Michael Mann AO said he was very pleased with the Board’s decision.

“On behalf of the University Board, I am delighted to announce Mr Varghese as the University’s new chancellor. Jim is a highly effective, respected, and successful leader in both the private sector and public institutions.

His reputation in the Higher Education sector is impeccable, with a commitment to the highest standards of governance, transparency, equity, and stakeholder management.”

Jim Varghese had a distinguished career in the Australian Public Service. He was the Director-General of the Department of Primary Industries in Queensland after having also been Director-General of Education.

No photo description available.

Mr. Varghese’s family came to Australia in the 1960s, and he strongly believes education is a core family value.

“I believe education is a fundamental human right, and I also believe that innovation is crucial to ensure greater access to education.

Torrens University balances both considerations and also manages to run a highly successful business.”

In a LinkedIn post, Mr. Varghese said:

“It is a great privilege to accept the position of Chancellor of Torrens University. I look forward to the opportunity to work with and enhance this innovative for-profit university.”

Torrens University President and CEO Linda Brown said on the announcement.

“Jim Varghese is the perfect individual to continue this legacy forward.” 

Torrens University is Australia’s international university and vocational registered training organisation.

No photo description available.

It began teaching in 2014 in its headquarters building in the Torrens Building in Adelaide city center. 

It offers vocational and higher education undergraduate, graduate, higher degree by research and specialised degree programs in a wide range of academic disciplines.

Robert S. Silberman, Chairman of the Board of Strategic Education Inc., said:

“We are thrilled to welcome Jim to Torrens University. Jim has an impeccable record in both the public service in Australia, in commercial enterprise, and he also has a strong track record working globally.

His deep background in education, and his commitment to ensuring greater access to education for all, means he is the ideal choice of Chancellor.”

Mr. Varghese is also the National Chair of Australia India Business Council (AIBC) and will assume his new role at Torrens University from 1 January 2022. 

Market Mantra: Down, down, down! Omicron worries dominate Australian shares

Reserve Bank Of Australia; Picture Source: @CANVA
Reserve Bank Of Australia; Picture Source: @CANVA

Australian shares recorded their fourth consecutive weekly fall as worries of the possible economic impact of the new Omicron coronavirus variant weighed heavily on investor sentiment.

The ASX 200 fell 0.5% for the week as Australia recorded its first community transmission of the Omicron variant. Even though the government continues to hold steady on the plan to reopen the economy and hope arising from news that the new variant may be milder than previous strains it was not enough to calm the investors.

We believe going forward the markets are going to remain jittery until more information about how contagious the Omicron strain is and how effective current vaccines are against the new variant is made available.

With science expected to take another couple of weeks to provide answers on the new strain, the markets are expected to be extremely volatile with investors also assessing if the concerns surrounding the new strain will also hamper the Sata rally which usually starts during the second week of December.

Image

Not all was bad for Australian shares though as all Big Four banks advanced as investors moved towards defensive stocks. A rebound in iron ore prices also helped heave miners BHP, RIO, and FMG record solid gains.

With iron ore and gold again rising during the US session on Friday night, we expect the Australian market to open in positive on Monday with iron and gold miners doing the heavy lifting. However, we would be extremely cautious to trade or buy any new stocks till there is more clarity surrounding the new variant.

Looking forward to this Tuesday will be Reserve Bank of Australia’s final meeting for the year. While it is largely expected the RBA will make no changes to its monetary policy, the traders will be looking forward to RBA’s commentary surrounding bond yields and purchases as that would be pivotal for interest rates.

Traders will also be looking keenly at Australian jobs and wage figures, job advertisements, household spending intentions, and property prices. All data that is released this week.

In regards to gold, the bullion recorded its third consecutive weekly fall as investors remained unsure of a clear direction for the yellow metal. Many analysts believe that Federal Reserve Chief Jerome Powell’s hawkish comments to contain inflationary trends, and uncertainty surrounding the new Omicron variant has kept most investors on the edge and not allowed them to take a price direction.

While Powell’s comments that pandemic-era asset purchases could end sooner than previously anticipated dents gold’s appeal, the fears surrounding economic recovery due to the Omicron variant boost the appeal for the precious metal. As such we expect the price to hold support during the $1770 to $1780 levels for the time being. Having said that we also expect the price to stay below $1800/ounce, thus giving an indication that the suppressed price levels will continue in the short term till there is more clarity on the Omicron.

Oil posted a sixth straight week of declines, the longest streak of weekly declines since 2018 as the emergence of the  Omicron variant of coronavirus threatened the outlook for energy demand.

The decline in oil accelerated after the OPEC+ meeting on Thursday where the oil-producing nations agreed to roll over the current production policy to raise overall output by 400,000 barrels per day in January.

The move caught the traders by surprise and resulted in a big oil sell-off. However, it seems the traders realised after the initial sell-off that if OPEC was raising production then they must not be afraid of the Omicron variant and also must not be too concerned that oil prices could fall any further. Thus providing some support to oil prices.

oil price going up; Picture Source: @Canva
oil price going up; Picture Source: @Canva

However, we feel that there will be worries surrounding the near-term demand in face of the new variant and it is expected to continue to weigh on markets as traders eye prospects for economic activity and oil demand.

Moving onto currency markets. The Australian Dollar has continued to set new lows against the US Dollar, closing at its lowest levels since July 2020 as the risk-sensitive currency continues to get battered by the emerging Omicron strain.

For a nation that is still recovering from lockdowns earlier this year triggered by the Delta variant, the new strain has once again posed a risk if strict lockdowns ensue. While the nation’s first few cases of the new variant have been detected, Chief Medical Officer Paul Kelly noted that there is no indication that the new strain is more deadly than other strains. Still, AUD has continued to decline along with global equities.

Technically speaking the Aussie is reaching towards the 0.70 level against the greenback. The 0.70 level is a large, round, psychologically significant number and the market will be paying strong attention to that. Previously this number has provided strong support to the local currency. However, given the uncertainty in global markets if we were to take a shot we would be shorting the AUD/USD pair and look towards targets at 0.6800 level.

The Omicron worries also hit the Indian market with the US Dollar rising above the 75.00 mark against the Rupee amid growing worries over the new COVID strain. A decline in oil prices though helped the Indian currency in gaining some ground against other risk currencies such as the Aussie Dollar and Kiwi Dollar.

Moving forward we believe that with risk sentiment on the back foot as well a continued foreign fund outflows the Rupee will remain subdued for the coming week. We also believe that the currency market is likely to remain turbulent over the next couple of weeks.

With traders in risk-off mode, Bitcoin and other cryptocurrencies were all smashed as investors looked for safer assets. On Friday alone the cryptocurrencies lost $500 billion in value with investors jittery over the impact of Covid 19’s Omicron variant.

Comments from SEC Chairman Gary Gensler about cryptocurrency regulation further accelerated the decline with Bitcoin falling below the US $50,000 mark and Ethereum falling to below $3,700.

At the time of writing the report though the crypto market was trying to recover the lost ground on Friday and Saturday with Bitcoin testing the $50,000 mark and Ethereum recovering to $4200 after falling to $3500.

Last week we suggested that at this stage it would be best to sit on the sidelines and see how the market shapes up in the following days and if the correction will most likely worsen or we will get a recovery in the crypto space.

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This week our suggestion remains unchanged as we expect the extreme swings in crypto space till the situation surrounding Omicron stabilises.

In agricultural products, wheat recorded its largest weekly drop in three months on record Australian crop.

Wheat prices have soared in recent weeks as the possibility of even more Russian export restrictions fuelled fears of tight wheat supplies.

The global supply worries were eased however after Australia’s chief commodity adviser, ABARES revised its official estimate for the 2021/22 crop to a record 34.4 million tonnes.

A stabilising US crop also helped reduce the price of other food grains with soybean declining 0.2% for the week and corn losing nearly 2% for the week.

Author: Ateev Dang is a trader and trading coach by profession. He runs his own business called Glow trades Pty Ltd where he teaches anyone who is interested in starting on their trading journey how to trade. He can be contacted at adang@glowtrades.com.au.

Disclaimer:

The writers’ opinions in the above article are their own and do not constitute any financial advice whatsoever. Nothing published by The Australia Today constitutes an investment recommendation, nor should any data or content publication be relied upon for providing any investment activities.

We strongly recommend that you perform your own independent research and/or speak with a financial advisor or qualified investment professional before making any financial decisions.

Ind vs NZ, 2ND Test: Kiwis bowled out at 62 after Ajaz’s historic 10-wicket haul

Ajaz's historic 10-wicket haul; Picture Source: @BLACKCAPS
Ajaz's historic 10-wicket haul; Picture Source: @BLACKCAPS

It was a wicket galore at the Wankhede Stadium on Day 2 as India and New Zealand bowlers scalped 16 wickets in total after which hosts find themselves on the top of the ongoing second Test here at Mumbai.

After the end of Day 2 play, India’s score in the second innings read 69/0 with Mayank Agarwal and Cheteshwar Pujara unbeaten on the field with innings of 38* and 29* respectively. Hosts now lead Kiwis by 332.

Starting the day, the stars were perfectly aligned for the Mumbai-born spinner, Ajaz Patel as he scripted history by becoming only the third bowler in the history of Test cricket to bag all 10 wickets in an innings.

“Quite a special occasion for me and not just me but my family. Unfortunately for me, they’re not here because of COVID. Honestly, it’s surreal and to be able to do that in my career is pretty special. The stars have aligned for me to do it in Mumbai,”

Ajaz told host broadcaster Star Sports.

“I’m in very illustrious company with Kumble sir as well. Obviously, not a great start for us, but we have a few boys in the shed and put on some runs,” he added.

He became the third bowler in the history of the game to scalp all 10 wickets in a Test inning. Earlier, Australia’s Jim Laker was the first cricketer to scalp 10 wickets in a Test innings in 1956 and that was followed by India’s Anil Kumble in 1999 against Pakistan. 

His historic effort overshadowed the heroic 150-run knock of Mayank Agarwal as India was bowled out for 325.

But there was more in store for bowlers as India then fought back and crushed Kiwi’s batters resistance in no time.

Image
Ajaz’s historic 10-wicket haul; Picture Source: @BLACKCAPS

New Zealand was bowled out for 62 in the third session as this was the lowest total by any team against India in Test matches.

It was also the lowest total by any team in India.

For hosts, Ravichandran Ashwin and Mohammed Siraj were the picks among the bowlers as the duo scalped three and four wickets respectively. Resuming the final session at 38/6, visitors had nowhere to hide as Indian bowlers clawed further deep and bowled them out after 29 overs in their first innings.

Image

Then starting their second innings, India stood firm as Agarwal and Pujara frustrated the Kiwi bowlers to the full extent.

Brief Scores: India 325, 69/0 (Mayank Agarwal 38*, Cheteshwar Pujara 29*; Ajaz Patel 0/35) vs New Zealand 62.

TGA approves Pfizer’s COVID vaccine for 5-11-year-old kids in Australia, Here’ details

Child getting Vaccinated; Picture Source: @CANVA
Child getting Vaccinated; Picture Source: @CANVA

Australia’s Therapeutic Goods Administration (TGA) has provisionally approved the Pfizer Australia Pty Ltd COVID-19 vaccine, COMIRNATY, for use in individuals 5 years and older.

Australian Government will start rolling out the Pfizer vaccine to 5 to 11-year-olds from 10 January 2022.

The Government expects to receive ATAGI’s recommendations on how to incorporate this safe and effective vaccine into Australia’s COVID-19 vaccination program over the coming weeks.

Subject to advise from ATAGI, vaccinating the approximately 2.3 million children aged 5 to 11 in Australia will build on the rapid uptake of vaccination among children aged 12 to 15. In just eleven weeks, more than 76.6% of this group have had at least one dose of vaccine, with 67.5% having completed their two-dose course of vaccination.

The use of this vaccine in children aged 5-11 years should be given in two doses at least 3 weeks apart.

The study demonstrated effectiveness by showing that the immune response to the vaccine in children was similar to that seen in older age groups.

“Clinical trials also showed that the safety profile in children is similar to that seen in adults with the observed side effects being mild.”

However, a lower dose (10 micrograms) will be given to children aged 5-11 years, compared to that used for individuals 12 years of age and older (30 micrograms).

To deliver the smaller dose, a different orange-capped vial will be used to vaccinate children. It will be clearly differentiated from the product currently used to vaccinate those 12 years and older.

It is expected the vaccines would initially be made available through General Practices Aboriginal Health Services, community pharmacies, and state and territory clinics.

In making this regulatory decision, the TGA carefully considered data from clinical trials conducted in the United States, Finland, Poland, and Spain which included participants 5 to 11 years of age.

“The most frequent adverse events seen in clinical trials in children aged 5-11 years were injection site pain, fatigue, headache, injection site redness and swelling, muscle pain, and chills.”

Provisional approval of this vaccine is valid for two years and means it can now be legally supplied in Australia.

The approval is subject to certain strict conditions, such as the requirement for Pfizer to continue providing information to the TGA on longer-term efficacy and safety from ongoing clinical trials and post-market assessment.

Australians can be confident that the TGA’s review process of this vaccine was rigorous and of the highest standard. The decision to provisionally approve the vaccine was also informed by expert advice from the Advisory Committee on Vaccines (ACV), an independent committee with expertise in scientific, medical, and clinical fields including consumer representation.

The Government has an agreement in place with Pfizer to receive a sufficient supply of the pediatric vaccine for the entire population of children aged 5 to 11 in Australia.

The first shipment of children’s doses is due to arrive in Australia by early January 2022 and will undergo the same rigorous batch testing processes in the TGA laboratories as other batches of COVID-19 vaccines.

The TGA is also currently evaluating an application from Moderna for its COVID-19 vaccine to be used in Australia for children aged 6 to 11 and the Government already has supply deals in place to make it available should it be approved by the TGA and recommended by ATAGI.

However, TGA will publish the Australian Public Assessment Report for this decision in the coming days.

From IGA’s filling boy to City Councillor: A story of hard work and resilience of Indian migrant Keyur Kamdar

Councillor Keyur Kamdar, Ranford Ward, City of Armdale: Picture Source: Supplied
Councillor Keyur Kamdar, Ranford Ward, City of Armdale: Picture Source: Supplied

I am Keyur Kamdar, one of Australia’s millions of migrants who come to this lucky land with not much in their pockets but a lot of dreams in their hearts and resilience in their minds.

Recently, I have been elected Councillor for ‘Ranford ward’ of the City of Armdale in Perth, Western Australia.

However, I am not a politician, I am a community member of this beautiful place Armdale that I call home and want to positively contribute to it.

My Australian story started in the year 2007 when I landed at Perth airport with my wife who was pursuing her Master of Finance and Banking with Edith Cowen University.

Like most international student families despite having a couple of years of experience in our respective work areas we started from the very bottom of the Australian workforce.

Councillor Keyur Kamdar, Ranford Ward, City of Armdale: Picture Source: Supplied
Councillor Keyur Kamdar, Ranford Ward, City of Armdale: Picture Source: Supplied

Still remember those days when I used to work as IGA’s filling job in the early mornings, a Fuel station operator on weekends, and a warehouse account administrator three days a week just to survive. It used to be 5 am to 8 am at IGA, a couple of hours sleep, and warehouse job from 12-6 pm on weekdays and Fuel station on weekends.

Believe me, those struggles shaped me as a person and changed my views about success.

With some local experience, things got a little better after three years and I found myself in Telstra call center which gave me a proper experience of working in a big team and Australian workplace policies and procedures.

By now my wife graduated and started working in a Bank.
That evening when she showed me the email of her appointment in the Bank we both cried and laughed at the same time, recalled each and every instance of not doing things that we wanted to do but couldn’t do because of limited resources.

Both of us promised ourselves we will help and support anyone who we can like a lot of people not only of Indian origin but from different backgrounds told us they are there right behind us if we need.

My Indian work experience paid off as I was appointed Trade officer at Perth Consulate General of India, where my job was to liaison between Western Australian trade agency and Government of India bodies. I worked at Perth Council for two years 2012- 14 but then trader inside wanted to desperately come out.

I started my construction hardware supply business with the name “Steelco Exim.” It was a boom time for Indian Australian Diaspora so I ventured into Bollywood Movie distribution and Event management. Every weekend seemed like a big Bollywood party, just happy days.

But, life just teaches you when you think, you know all.

The downturn came and it really hit hard in Perth’s real estate market. I took a decision to close ‘Steelco Exim,” and joined Service Australia as a consultant.

Throughout the pandemic, I worked at Center link, listening to hundreds of stories from people whose lives were turned upside down because of a sudden loss of jobs and lockdowns. I am telling you this because at times we don’t realise the importance of what we have. Our family, our friends, and their smiling faces should be our priority no matter what.

Oh, I forgot to tell. I and my wife became the proud owner of a house. The Australian dream house, we built this property in Ranford ward of the City of Armdale. It’s a newly developed area with a lot of residents from CALD communities.

In the last six-year or so I have joined a few community organisations as a volunteer. We work towards the social and cultural understanding and acceptance of CALD communities in Perth. With Cancer Council, I raise awareness and help improve the participation of multicultural communities.

However, One of the most satisfying is supporting vulnerable people with food and sometimes shelter. Young international students lost jobs and were not getting any government supports at the peak of the COVID pandemic. I participated in the Jain community and Hindu council’s efforts to look after hundreds of international students with fee support and rent support.

I didn’t do this because I am that kindhearted great man, No I learned it from people who helped me. On top of my list are Nitin Koriya and his family who helped and supported my journey in Australia. I would even say, I am here because of him.

You can congratulate me, I have joined a new job with a top ‘Bank’ in September 2021 as the market is somehow limping back to some normality.

My orientation and training were almost three weeks, used to get really late while coming back home because I wanted to familiarise myself with all the necessary tools. But there is a reason I am telling you this.

After just one week of my induction process, a late evening I was paying my council rate and stumbled on the council election page, where a lot of people had written about their dissatisfaction with the current councillor.

And you know what next day was second last day for nomination for council election and no one had filed to stand in front of the incumbent councillor which we were unhappy with.

Well, I telephoned a few friends and local community members, everyone had a reason for not committing their time. It was 11 pm and I went to sleep thinking let me ask my wife about it and then decide.

She leaves early for work so that morning I made her favourite Indian tea with ginger and asked What if I commit myself to council election. She looked at me and said you don’t have to make tea to ask this question. I was like oh god it’s not going to be good, but her reply, “I will look after family affairs you file nomination” gave me the strength to do what I am doing right now.

Last day for nomination, new job, and training process in full-swing, can’t call sick or take leave, what do I do?

I called the returning officer on my way to work, explained to him my situation. He understood and was kind enough to allow me to file my nomination after work.

The office closes at 5 pm so he called me at home, that’s how I filed my nomination after hours.

Whatever you say this is possible because of people like my returning officer who do everything to give a fair go to each Australian without judging their background.

Now another struggle was how will I do my campaign because I had no idea about it. And remember my training was still for two more weeks, so I could only get back home by 6:30 pm.

Started my door-to-door campaign with handwritten – photocopied pamphlets. The weather was really cruel most evenings it was raining and I was standing in my umbrella in someone’s front yard.

We designed and wrote our policies around better council management and High council rate send it for print but surprise surprise, none of the campaign material had my name written on it. But thank god, a friend who is an IT engineer stood the whole night with our printer and got everything the next morning.

We didn’t know that an actual council campaign can be so nasty and vicious. My campaign markee and posters started disappearing overnight. My campaign members started getting abused and targeted. When it went over the nose we complained to the council and returning officer.

I think Ranford ward was watching everything and decided to vote for a fair and honest campaign.

Results were overwhelming as I received 60% of the total votes cast in the election and defeated a candidate who was a councillor for the last two decades.

“When I went to him to shake hands after the results were announced, he simply called me “**********”.

He shouted at me saying, “I will see what you do in four years.”
My answer to him is,

I will fulfil the expectations of better maintenance, bring more amenities like library and recreation centre and work to freeze the council rates.

I won the election fair and square, people of Ranford Ward trusted me and now I will do my part with honesty and humility.

NOTE: Presented as told by Councillor Keyur Kamdar


Indian grandma recreates scenes from Hindu epics by giving makeover to Barbie dolls

Image source: Shakuntala by S. Devaki - Instagram.

76-year-old S. Devaki from the Indian state of Kerala has been recreating Hindu epics and mythological stories using old Barbie dolls.

Image source: S. Devaki – The Better India.

Abhay, an architect based in Kerala, describes his mother to The Better India as a “voracious reader.” He adds it is the reading that has inspired her to recreate the sacred themes into beautiful scenes. 

Image source: Chandalabhikshuki and Upagupta by S. Devaki – Instagram.

S. Devaki is a BSc graduate in Chemistry who chose to be a homemaker.

“While the children were growing up, there wasn’t much time on hand so everything was put on hold.”

She adds that as a parent, her sole aim and focus was her two children. However, by the time her children were married, S. Devaki couldn’t return to work and dedicated her time to her grandchildren.

“Now that the grandchildren are also grown up I realised that I had entered my retirement phase, and that was when I started looking for things to do. Somehow, my childhood came back to me and I recollected all the handiwork I would do and decided to try my hands at it again.”

As lockdown started in 2020 due to the COVID-19 pandemic, S. Devaki had the much-needed free time.

“The lockdown was a boon in one way because no one could step out for anything and that meant that I could pace myself and do things at leisure without having to worry about anyone else’s schedule.” 

On seeing her younger granddaughters’ Barbie dolls lying around the house, she got an idea.

“I did not pick up the doll with the intention of doing this, it just happened.”  

Image source: Brides of Kerala by S. Devaki – Instagram.

S. Devaki’s first project was the ‘Brides of Kerala’ in which she has used three Barbie dolls to depict three different communities in Kerala.

“I used material that was lying around at home to make their sarees and jewellery. I did not have to spend anything additional on putting their looks together.” 

Image source: Hamsa Damayanti by S. DEvaki – Instagram.

Next, she depicted the ‘Hamsa Damayanti’ scene from the famous painting by Raja Ravi Varma and created a Chandalabhikshuki doll that is part of the poem written by Kumaran Asan.

“I enjoy thinking about the story behind each doll I make. It takes me back to all the literary work I have grown up reading.” 

S. Devaki has tp work really hard on small detail such as creating Indian jewelry, sari, hair, etc.

“SINCE ALL THE BARBIE DOLLS HAVE GOLDEN HAIR, I HAD TO ENSURE THAT I PAINTED IT BLACK.”

She has so far made sixteen dolls with Indian makeover and also intends to sell them in the future.

Is Pakistan-born Greens Senator Mehreen Faruqi indulging in hate-mongering against Australian Hindus?

Greens Senator Mehreen Faruqi; Picture Source: Screenshot Paliamentry Debate
Greens Senator Mehreen Faruqi; Picture Source: Screenshot Paliamentry Debate

Australian Greens Senator Mehreen Faruqi made a ‘disgusting statement‘ in the Federal Senate on the pretext of criticising the Australian Prime Minister Scott Morrison’s ‘good friendship’ with his Indian counterpart Narendra Modi.

The Pakistan-born Senator Faruqi first ranted about PM Morrison’s cordial working relationship with the then US President Donald Trump and then called Indian PM Modi a far-right leader.

Ignoring all the evidence to the contrary Ms. Faruqi called a democratically elected Indian government an authoritarian administration on the basis of hearsay and unsubstantiated allegations.

Greens Senator Mehreen Faruqi was born in Lahore, Pakistan which was recently in news for atrocities on religious minorities. Incidents of destroying Hindu temples and kidnapping underage Sikh, Christian, and Hindu girls occur on a regular basis in Pakistan. However, Senator Faruqi finds it of no interest to mention in her speech.

She is not the first Australian Green Party leader to indulge in blatant targeting of the Hindu community in Australia. Early this year, NSW’s Green MLC David Shoebridge made Hinduphobia a trademark of the Greens party. He was even asked by the NSW Parliament to apologise to the Australian Hindu community.
The Australia Today reported it to you. (Read the complete report); Greens MLC David Shoebridge should apologise for Hinduphobia, says NSW Senate.

Senator Faruqi attacked Indian Hindu Diaspora in disguise and named it Indian nationalism. She further tried to paint her Hinduphobia as being critical of Indian PM Modi.”

Ms. Sarah Gates is an Australian academic and yoga practitioner.
She says, Everything Faruqi claims as hate speech, the Greens and their ‘consultants’ have said of Australian Hindus aside from the word vermin, which is implied of Kashmiri Hindus whose ethnic cleansing the Greens refuse to recognise and by the repetition of ethnic cleansing slurs like ‘from the river to the sea’.

Ravi Singh Dhankar a Hindu activist in Sydney told The Australia Today, “Mehreen Faruqi is part of that elaborate Greens plan which attacks Hindus and Jews for resisting their historical persecution.”

“Greens party and its Mehreen Faruqi like leaders are fuelling hatred towards people who try to raise voice against persecution of Hindus in Kashmir, Pakistan, Bangladesh and anywhere else in the world,”

added Mr Singh

Last month in Sydney, Hindu community members’ business was targeted for standing against the banned terrorist organisation “Babber Khalsa” which was sending threatening letters to Hindu community members.

Follow The Australia Today on Facebook and Twitter for the latest updates.

In her speech Ms. Faruqi mentioned, incidents in Sydney that happened late last year and early this year.

“This year, there have been several publicly-reported incidents of violence and altercation between groups, including an attack on four young Sikh men in Harris Park, Sydney, at the height of domestic protests in India over Modi’s farming laws,” said Faruqi.

Sarah Gates told The Australia Today, “What happened in Sydney has no place in Australian society however Senator Mehreen Faruqi purposely chose to tell the half-truth.”

“Three Sikh youths and one Hindu youth faced court for street fights, however, Mehreen Faruqi is doxing whole Hindu community for that incident,” She said.

“If this is not blatant Hinduphobia what is?”

While expressing her concerns over Green Senator Mehreen Faruqi’s hateful politics, Ms. Gates said the attacks on Hindu Diaspora on streets and targeting of their businesses is a direct result of the divisive and hateful politics of Greens.

“Unfortunately, academics and journalists in Australia who criticise anti-Hindu sentiment coming from Green-backed organisations have paid a high price of relentless trolling, political lobbying against them, and mass-mediated defamation.”

Sarah urged the Australian Federal Government to track organisations which take inspiration, funding, and guidance from overseas-based establishments to spread hate towards Hindus”.

“I, therefore, welcome the Australian Governments’ new cyberbullying laws and call on the Government to criminalise cyberbullying, to extend the power to compel identity to website content and foreign accounts, and to provide pathways for prosecution by the state in the same way as any other form of assault.”

“I call on the members of the Labor and Liberal Party including state and federal governments and the Prime Minister to act decisively against Greens Party’s divisive and hate-filled agenda,” Ms. Sarah concluded.

Indian-origin Prof. Madhu Bhaskaran to co-lead ‘Women in STEMM Australia’

Image source: Image source: Prof. Madhu Bhaskaran - RMIT. RMIT.

Women in STEMM Australia has appointed Prof. Madhu Bhaskaran and Sarah Chapman to replace outgoing co-chair and co-founder, Michelle Gallaher.

The organisation was founded in 2014. It shares wide-ranging information relevant to women and underrepresented groups in STEMM.

Further, it amplifies STEMM associations and social enterprises whose values and goals are aligned and also shines a light on the gaps in the sector, including in policy and best practice.

A statement by Women in STEMM Australia said:

“Together, the new leadership team wants to create a broader, more inclusive network for a diverse range of underrepresented students and professionals in science, technology, engineering, mathematics, health and medicine across all professional sectors.”

Prof. Bhaskaran, who leads the Functional Materials and Microsystems Research Group at RMIT University in Melbourne, is a globally recognised engineer and applied research leader. She is also the Associate Dean for Higher Degrees by Research at the School of Engineering. 

She is a staunch advocate for women in science and a highly committed advocate of diversity, inclusion, and allyship in STEMM.

Image source: Prof. Madhu Bhaskaran – RMIT.

Prof. Bhaskaran is also co-founder of the Women Researchers’ Network at RMIT University and has served on the Executive then Board of Directors with Women in STEMM Australia since 2015.

On her appointment as co-chair, she said:

“It is an honour to take on this role alongside Sarah and I am excited to see how we can bring our multi-sector experience to this organisation’s leadership.

Diversity and inclusion conversations and measures have come a long way since Women in STEMM Australia was first established and I am very proud to have this opportunity to take the organisation forward with a clear lens of intersectionality.”

Prof. Bhaskaran has served for years on the Women in STEMM Australia board and has received numerous awards for her innovative research, industry collaborations, and leadership.

These include the Batterham Medal from the Australian Academy of Technology & Engineering, the Frederick White Prize from the Australian Academy of Science, and the Eureka Prize for Outstanding Early Career Researcher.

In 2020, Prof. Bhaskaran also won the ‘40 Under 40: Most Influential Asian-Australian Award’ in the Science & Medicine category.

Sarah Chapman is Head of Department at the Department of Education and Training at Townsville State High School (Queensland). She graduated from the James Cook University (JCU) with a Bachelor of Science (Honours Class 1) in 1999 and a Bachelor of Education in 2004.

Sarah has been instrumental in the development and implementation of the Australian School Innovation in Science, Technology and Mathematics project which aims to develop specific skills and an interest in science in middle school students.

Sarah Chapman said,

“I am humbled to continue on the Women in STEMM Australia legacy founded by two very inspirational women, Marguerite and Michelle.”

“This organisation will continue to connect women across the nation and provide a platform of influence, allyship, and advocacy. I am moved to have the opportunity to co-lead with Madhu and bring more depth of focus on underrepresented groups within the STEMM ecosystem,” she added.

Outgoing co-chair Michelle Gallaher said,

“I am delighted to reflect and celebrate the achievements of our diverse community at this important moment, and to pass the baton to the next generation of leaders.”

The act of passing the leadership on recognises and models the importance of relinquishing a seat to make way for new voices and ideas. An action that we need to see more of in the STEMM community.” 

What is hindering the rise of the Indian-origin CEO in Australia?

Representative picture of Australian Board Room; Source: @CANVA
Representative picture of Australian Board Room; Source: @CANVA

Parag Agrawal who has just been appointed as the new CEO of Twitter is part of a growing list of Indian-origin CEOs heading tech giants such as Google, Microsoft, Adobe, IBM, and Vimeo.

Tesla’s Elon Musk summed up Parag’s rise, along with other Indian-origin CEOs, in his tweet: “USA benefits greatly from Indian talent!”

Image source: Parag Agrawal – Twitter.

37 years old Parag, a Ph.D. in computer science from Stanford University, is the youngest person to run a company in the S&P 500. He will receive an annual salary of $US1 million and a stock award worth $US12.5 million.

However, in Australia, CEOs coming from a culturally diverse background are a rare species. This is despite the fact that India is one of the largest sources of permanent migrants who are largely professionally successful and well respected in Australia.

The Australia Today has covered the rise of Indian-origin CEO’s in Australia.

Indian-Australian CEO's making their mark

This list includes Stockland’s Tarun Gupta, Orica’s Sanjeev Gandhi, Link’s Vivek Bhatia, Pact’s Sanjay Dayal, and Newcrest’s Sandeep Biswas.

The 2021 Board Diversity Index, by Watermark Search International and Governance Institute of Australia, found that ninety per cent of directors were of Anglo-Celtic or European background.

“The Australian boardroom is still very much the product of our Anglo and European heritages.”

Representative picture of Australian Board Room; Source: @CANVA
Representative picture of Australian Board Room; Source: @CANVA

This is the result of the hangover of the White Australia Policy.

However, the report adds that the scene is changing.

“There is some evidence that Asian representation is growing but there remains a substantial opportunity to better reflect the importance of the Asian market and the changing complexion of Australia’s population.”

Image source: Sheba Nandkeolyar – MultiConnexions Group.

In a LinkedIn post, Sheba Nandkeolyar, founder of MultiConnexions Group and past national chair of the Australia India Business Council (AIBC), observes that this lack of diversity is a result of non-recognition of India’s prestigious educational institutions.

“Fantastic news. I hope the IIMs and IITs get recognised here too. 20 years ago when I came to Australia they had no idea about these institutions.”

Image source: Diversity Council of Australia chair Ming Long – YouTube.

Diversity Council of Australia chair Ming Long told ABC that even the migrants who studied in Australia often hit the glass or bamboo ceiling in their corporate career.

“They graduate through Australia, work in corporate Australia, but then hit a ceiling and cannot get past it.”

It is specially hard for women from diversed backgrou to make their mark and build up experience in a boardroom.

A report entitled “Women CEOs in America 2021” presented by the Women Business Collaborative has shown that 8.2% Fortune 500 CEOs are women.

So, the obvious question to ponder is: Why aren’t there more women CEOs from diverse backgrounds in Australia?

Imagse source: Ted Baillieu – Wikipedia.

Today, the world over the Indian-origin CEOs are a shining example of Indian migrants’ resilience and adaptability.

In Australia, as former Victorian Premier and the Chair of the Australian Heritage Council Ted Baillieu observes they will inevitably rise to the top if given a chance.

“The Indian Diaspora here are well tuned to education and to commerce. You put the two together and inevitably the cream will rise to the top.”

Given the rise of India and its Diaspora, it would be an understatement to say that Australia too will benefit greatly from its Indian talent.

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