Current Affairs of 27 March 2025

National and International Current Affairs - March 27, 2025

Coalition's Proposed Public Service Cuts May Delay Social Service Payments

The Albanese government warns that opposition leader Peter Dutton's proposal to cut 41,000 public service jobs could significantly extend waiting times for social service payments. Analyses suggest age pension claims might be delayed to nearly three months, paid parental leave to one month, and Medicare claims to seven days. These concerns arise despite recent improvements in processing times due to the addition of 3,500 frontline roles in Services Australia during 2024-25.

Opposition Leader Peter Dutton Promises Significant Defense Funding

In his budget reply, Peter Dutton announced plans for substantial defense funding and a new gas reservation policy for the east coast aimed at reducing electricity prices. The Coalition also intends to fast-track gas projects, invest $1 billion in gas infrastructure, reduce permanent migration intake by 25% to increase housing supply, and reinstate subsidized mental health visits.

Prime Minister Anthony Albanese Expected to Announce Election Date

Prime Minister Anthony Albanese is anticipated to announce the federal election date on Friday, potentially diverting attention from Peter Dutton’s budget reply speech. Dutton is expected to outline policies including the repeal of Labor's tax cuts and halving the fuel excise for one year. Additionally, the Home Affairs Secretary admitted to using Signal's disappearing messages for work-related communication.

India to Surpass Japan and Germany in Economic Rankings

According to the International Monetary Fund (IMF), India's economy is projected to overtake Japan in 2025 and Germany in 2027, positioning it as the world's third-largest economy after the United States and China.

Commemorative Postage Stamp Issued in Honor of Mata Karma

A commemorative postage stamp has been released to honor Mata Karma, recognizing her contributions and legacy.