As Barrack Obama famously once said, ‘Education is the economic issue.’ He was referring to the fact that education is often the best financial investment an individual can make. But there are limits even to a good thing. Universities around Australia are currently in a bid to charge tertiary students more than present amounts to...Read More
Few weeks back, a bill was passed in favor of the veterans regarding military pensions by the Federal Parliament of Australia, making the plans much more generous. According to the bill, the retirement income will soon be associated with average weekly earnings (which was earlier intertwined with inflation). The bill, which was aimed to get...Read More
On the night of April 6, 2014, Queensland Police raided a bunch of commercial and residential properties in Gold Coast, wrapping up the biggest drug operation in the city’s history, arresting more than 150 people on 400 charges. The total amount of cash and drugs found during this raid equals a street value of $26...Read More
In the race for customers, energy companies have taken to door-to-door salesmanship. If you’ve encountered sales representatives from power companies that knock on your door and proceed to tell you why your current provider is not so good and why you should absolutely switch to their company, you’re not alone. But as the recent $1m...Read More
The uninitiated could be forgiven for thinking the Australian Sports Party is the kind of party that you go to on a Saturday night. But if you have the two minutes you need to look them up, they’re a political party who, from their website’s ‘About Us’ page, is ‘focused on helping Australians live a...Read More
The Indian Film Festival of Melbourne (IFFM), the southern hemisphere’s greatest annual celebration of Indian cinema, takes places from 1-11 May. This year’s festival explores the richness of contemporary Indian cinema across four program streams, with films spanning Bollywood to art house and the subcontinent, as well as establishing an international competition, the Indian Film...Read More
From 12th March, a new comprehensive credit reporting system will be enforced and introduced to the people of Australia. The arrival of the new credit reporting system had been slated for March and aims to alter the methodology that leaders incorporate in order to measure the risks that crop up with a new clientele base....Read More
According to a lot of people the Australian property market can be best described as a ‘bubble’. Can we blame the Reserve Bank of Australia for using low interest rates to generate an over-heated housing market? Well, let’s analyse the facts. The three non-trade components of GDP are all down. So, our central bank has...Read More
Over the past decade, there has been a consistent downfall in the growth of wages as has been stated by Australian Bureau of Statistics (ABS). According to seasonally adjusted terms, the price index of wages went up by a meagre percentage of 0.7 for the December quarter. During the fiscal of 2013, the growth rate...Read More
A young girl in Australia cheated death after she jumped on an empty deck of a moving cargo train in front of her friend who just watched with his hands in his pockets. The stunt went wrong when she failed to land properly and fell on the tracks through the gap between two carriages. The...Read More