Oz Blog News Commentary

Royal Commission findings could fix broken family law system

October 22, 2018 - 18:30 -- Admin

Family Law Reform Council: Media Release PROTECTIVE parents and law reform advocates called for concrete action today in the wake of the National Apology to survivors of institutional child sexual abuse. Family Law Reform Council Co-Director, Mishka Hudson, has demanded the urgent application of the findings of the Royal Commission to Australia’s family law system.…

This little chicky ate roast beef

October 22, 2018 - 17:52 -- Admin

There was a left over slice of roast beef swimming in concealed fat and juices. It was okay to eat but off putting. It's not chicken so I fed it to the chickens. After feeding the bigs their share I tipped the last of it---juice, fat and slice---into an empty dustpan and set it down for the rest.Gone, completely gone. They ate every piece, every white bit of fat and drank all the juice.

Macro Afternoon

October 22, 2018 - 17:01 -- Admin

Outside Australia it’s been a much better return to form for equities here in Asia, particularly in China which has extended its bounce from Friday in both Hong Kong and the mainland, mainly on the back of a proposed new tax plan for households to stimulate the economy. FX markets have been generally positive for

The post Macro Afternoon appeared first on MacroBusiness.

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Coalition Government quietly cuts R&D spending

October 22, 2018 - 14:20 -- Admin

By Leith van Onselen Back in December 2015, former Prime Minister Malcolm Turnbull launched his National Innovation and Science Agenda under much fanfare. According to Turnbull, this agenda “will invest $1.1 billion to incentivise innovation and entrepreneurship, reward risk taking, and promote science, maths and computing in schools”, and will include tax concessions and tax

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Canadian pot legalisation packs budget cone by $400m a year

October 22, 2018 - 13:45 -- Admin

By Leith van Onselen Recreational cannabis became legal in Canada on 17 October, in a move that is expected to raise $400 million a year for federal and provincial governments. Canada’s Prime Minister, Justin Trudeau, marketed the policy as taking profits away from organised crime and criminals: At the same time as Canada and nine

The post Canadian pot legalisation packs budget cone by $400m a year appeared first on MacroBusiness.

Housing bubble creates headaches for Australia’s retirement system

October 22, 2018 - 13:15 -- Admin

By Leith van Onselen Over the Weekend, The SMH reported how rising household debts among older Australians could ultimately cripple Australia’s retirement system: The number of Australian homeowners over the age of 65 still carrying mortgage debt has trebled since 2002, raising concerns the nation’s retirement savings could be absorbed into the housing boom. In 2002

The post Housing bubble creates headaches for Australia’s retirement system appeared first on MacroBusiness.