G-7 ministers agree to confront corporate tax avoidance by big tech companies
G-7 nations signed an agreement on Saturday committing them to confronting corporate tax avoidance and making sure that giant tech companies pay their fair share.
Chancellor of the exchequer Rishi Sunak says the agreement will reform the global tax system to make it fit for the global digital age and crucially to make sure that it's fair, so that the right companies pay the right tax in the right places.
The G-7 ministers agreed in principle to a global minimum tax rate of 15% for multinational companies in each country they operate in.
Monday 7/06/21 10am Zedlines
Your 10am Zedlines with Imogen and Shreya.
Image credit: Pix4Free
Proposed Vaccine and PPE manufacturing hub in Brisbane
Brisbane is set to construct a new $60 million manufacturing hub which will produce COVID-19 vaccines and personal protective equipment.
It is expected to create 500 jobs over the next 10 years.
The state government will put forward $20 million from its new $1.8 billion jobs fund while the remaining $40 million will be contributed by the federal government.
New proposal to cap rent price increases
Under a new proposal by Greens member for South Brisbane, Amy MacMahon, rent increases would be capped to once every 24 months.
This proposal comes as Brisbane’s growing rental crisis has seen soaring prices in rental bidding and tenants evicted without reason.
The new laws would also prevent “no grounds” evictions and allow tenants to keep pets.
The bill would need Labor’s support to become law.
Victoria warned it is too early to relax on outbreak measures
As Victoria enters its second week of lockdown, authorities say it is still too early to relax.
Deputy Chief Health Officer Allen Cheng warned Victorians that the danger of another outbreak remains, despite steady infection numbers.
It was announced yesterday that there were only 11 newly acquired local cases, linked to an aged care home.
This brings the state’s active case numbers to 94.
Nigerian government bans Twitter
Nigeria suspends twitter after the company deleted a controversial tweet by President Muhammadu Buhari made about a secessionist movement.
Attorney-General of the Federation and Minister of Justice, Abubakar Malami, has warned that those defying the government's ban on Twitter will be prosecuted.
Twitter says it is deeply concerned by the government's action, as free and open internet is an essential human right in modern society.
Monday 7/06/21 9am Zedlines
Your 9am Zedlines with Shreya and Imogen.
Image credit: Wikimedia Commons / Babu
Brisbane's Lifeline Bookfest is back
Brisbane's Lifeline Bookfest is back at the Brisbane Convention and Exhibition Centre from June 26 to July 4.
Due to COVID-19 the event will be cashless and people will be asked to bring their own bags.
Lifeline is hoping to raise $1.5 million from book sales, with 2,000 volunteers needed to help out.
Lifeline Queensland retail general manager Jamie MacKay says the last two Bookfests haven't been able to take place due to COVID-19, so they have got more books than previous years.
Queensland government taken to court over pay dispute
A Queensland public servant has taken the Queensland government to court over a pay dispute.
Glenn Dodds requested an increased pay position in December last year after working in a higher role for more than 2 years, but was denied this request.
The court case continues after his department had claimed his role was only short-term, and not necessary going forth.
Australian Fashion Week welcomes First Nations traditions
Last week, for the first time, Australian Fashion Week opened with a traditional Welcome to Country and smoking ceremony by the Gadigal people.
It is a momentous occasion for the First Nations community, and a welcomed change.
Cairns-based Meriam Mer fashion designer, Grace Lillian Lee, who showcased her designs in the show, said it was exciting “to be launching and sharing self-determined, independent, Indigenous designers.”