10 things you need to know this morning in Australia

10 things you need to know this morning in Australia
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Good morning!

Novak Djokovic has been sent off. The world-famous men’s tennis player left the country overnight, hours after the federal court’s full court unanimously ruled that Immigration Minister Alex Hawke had the right to personally veto the star’s visa. Djokovic is “extremely disappointed” but respects the court’s decision, he said in a statement. The decision puts an end to the official push and push over Djokovic’s visa and COVID-19 vaccination status. It also highlights the enormous decision-making power vested in Australia’s immigration ministers.

Prime Minister Scott Morrison said today that Djokovic was wrong in assuming he had ever received a vaccine exemption from tthe federal government. The whole saga depended on an interruption between Djokovic, Tennis Australia, the Victorian government and Canberra over the alleged exception. The full details will shake out in the coming days, but Morrison was unequivocal Monday morning. “We have not given him an exception,” the prime minister told 2GB’s Ben Fordham. “The federal government gave him no such exception.”

Saturday’s massive underwater volcanic eruption damaged the Tongan coastline and generated waves felt in Sydney, but its full impact on the climate is not yet understood. Hunga Tonga The Hunga Ha’apai volcano spewed ash about 20 km into the air, reports the Sydney Morning Herald, prompting researchers to suggest that it could have significant consequences in the coming months and years. Scientists speculate that temperatures could drop if enough ash is emitted into the atmosphere.

Businesses and workers across Australia are still struggling with isolation, trade loss and closures caused by the Omicron variant. But a new analysis suggests that the economic devastation of the current wave will not be as severe as the downturn caused by official shutdowns through 2020 and 2021. This is one of the things that can be gleaned from a recent Deloitte Access Economics report, obtained by the Australian Financial Review, which predicts 4% economic growth by 2022.

A separate Deloitte report claims that Australia could save $ 380 billion over the next three decades by changing its approach to natural disaster preparedness and recovery. Of taxpayers’ money dedicated to natural disasters, only 3% currently goes to preparation and mitigation. The report adds the idea that active preparation is needed to avert the worst consequences of climate change.

Australian sports and the crypto scene have strengthened their ties thanks to a new partnership between Crypto.com and the AFL estimated to be worth $ 75 million. The Australian reports that the deal will see Crypto.com emerge as a major public sponsor of the AFLW competition. The deal was reportedly sweetened by the high percentage of Australian women pushing in cryptocurrencies.

In the same way: The trading platform eToro has launched a new ready-made portfolio focusing on the meta-verse. The product focuses on technological titans involved in the development of the next virtual realm, but differs from traditional ETFs by including cryptocurrencies. Another signal that crypto-investment has completely cracked the mainstream scene.

No prizes for guessing which alliterative NSW locality experienced the biggest growth in house prices during 2021. That’s right: Land values ​​in Byron Bay increased by more than 50% in the 12 months to July 2021, the NSW Valuer-General stated in a new report. Kiama experienced similar price growth, reports the Australian Financial Review.

Speaking of crypto-paradise: the technology’s most ardent supporters report that everything is fine in Puerto Rico, which has erased capital gains tax for those moving to the island. Consider this sunny bid for Puerto Rican life after its adoption of these super accommodating tax breaks. An interesting twist for a region devastated by Hurricane Maria in 2017, whose hardest-hit residents are unlikely to knock capital gains from seven-digit crypto investments.

Vegan fast food has a moment in the UK and US where big name chains are hoping to woo the plant-based buyer. Items in limited edition for ‘Veganuary’ have been combined with long-term shifts, such as Starbucks, which has deleted its extra charge for plant-based milk in the UK. Restaurants such as KFC, Burger King and McDonald’s are also changing, raising hopes for more adjustments in the local market.

BONUS ITEMS

Remember ConstitutionDAO? Well, there’s a new big-brain attempt at crypto-crowdfunding in the city.

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