Tuesday 18th February 1997
Search entire news archive by day | Search entire news archive by text |
Definitive Lifestyle Guide to over 5000 Australian webs | Global Web Builders Gold |
The Kid's Locker Room | World Wide Websters |
Issues - The banking system under the spotlight. Djerrkura spent yesterday talking to the native title claimants and gulf Aboriginal leaders trying to resurrect the negotiations which lapsed last Thursday.
If the chairman of ATSIC can get the 12 signatures on the agreement it is believed that he will be in a strong position to convince the Queensland government and Century Zinc to reconsider adopting their now null compensation offer.
In the meantime the National Native Title Tribunal yesterday advised that it had been formally approached by Century Zinc for an arbitration outcome. If this process proceeds the compensation package will be far lower than the one currently on the table.
We spoke of our outrage about the manner in which the Vendee Globe Solo Yacht Race sailors abused the hospitality of Australians by not paying back one cent of the millions of tax payer funds used by the defence force to rescue them.
Now we are sad to report that country hospitals in New South Wales are being forced to close because of "lack of tax payer funds".... sick, sick, sick... hang your head in shame bureaucrats around this beautiful country of ours - you are stuffing it up!
"We see defence - the defence investment - as being a very important element of our protection and influence in the region," Howard said on the final day of his visit to New Zealand.
Australia spends some 7.7% of its federal Budget on the military compared to New Zealand's 3.9% - in dollar terms this means that Australia oulays ten times as much.
The Australian Government is keen for New Zealand to take up an option to buy one of two new ANZAC frigates, but New Zealand Prime Minister, Bolger, seemed cool on the idea saying, "We don't have to make decisions on the frigates until nearly the end of the year."
ANZ is now offering the lowest variable home-loan rate in the market while its standard variable rate was cut yesterday from 8.25% to 7.55% in line with reductions by the other major banks.
With the arrival of Aussie Home Loans and RAMs the banks have gone into a flurry of new packages offering discount rates and aimed solely at new home lenders - beware, beware!!!
It found that it is the unemployed who are most likely to move saying that it is not unusual for this group to move house 15 or 16 times.
"There is a lot of political comment that these people are not prepared to go anywhere to get a job", the report's author Dr Martin Bell said, "but the evidence suggests that this simply isn't true."
Dr Bell said that the mobility of people was also explained by their economic position, "Low-income people are generally highly mobile because they have less of a hold on the employment and housing market.
"Very high income earners are also very mobile but for entirely different reasons. They tend to see the housing market as a way to improve their financial position."
The study also found that young people tend to move more than middle aged or older people with half of all average lifetime moves completed by the age of 27 and 75% by the age of 40.
The gardens are growing with a vengeance...
Have a great day!
Return to Australian National News of the Day