Here is a look at what is making news around the country today.
Today’s national news includes Australia limiting immigration intake, Parliament releasing a food security report, Sigma Healthcare and Chemist Warehouse signing a merger deal, and Disney Cruise Line returning to Australia next year.
Nation
Australia to limit immigration intake
The Australian government says it will halve the migration intake within two years in a bid to fix the country’s “broken” immigration system, BBC reported. The annual intake will be slashed to 250,000 – roughly in line with pre-pandemic levels – by June 2025. Visa rules for international students and low-skilled workers will also be tightened under the new plan. Migration has climbed to record levels in Australia, adding pressure to housing and infrastructure woes.
https://www.bbc.com/news/world-australia-67609963
Parliament releases food security report
The Australian parliament has released the Australian Food Story: Feeding the Nation and Beyond report after its year-long inquiry into food security in Australia, food processing.com has reported. With around $36.6bn of food lost or wasted in Australia each year—17% in processing—the report included a discussion about how to eliminate this waste as a method to improve food security. The report states that there are food production challenges, which could be addressed further to provide improved food security.
Business
Sigma Healthcare and Chemist Warehouse sign merger deal
Australia’s Sigma Healthcare will merge with privately owned pharmacy giant Chemist Warehouse Group to create a $8.8 billion entity. Chemist Warehouse will own 85.8% of the merged company that will supply 1,000 Sigma-aligned pharmacies and own 600 Chemist Warehouse outlets. Chemist Warehouse is a pharmacy and retail chain in Australia known for cheap prices, large stores and major advertising campaigns, Reuters reported.
Travel
Disney Cruise Line to be back next year
Disney Magic At Sea returns to Australian shores from October 2024 until February 2025, karryon.com reported. To celebrate Disney Wonder’s inaugural season, Creative Cruising is offering USD$50 Onboard Credit for the first 50 bookings on any itinerary. Sailing from Sydney, Melbourne, and Brisbane, guests will be able to meet friends from Disney, Pixar, Marvel and Star Wars from October 2024 until February 2025 with a special new season of two-seven night cruises.
https://karryon.com.au/industry-news/cruise/disney-cruise-australia-2024/
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