Category: News
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Domino’s facing risky rates
Much loved Domino’s Pizza may get hit with a 24% loss to their Australian profits, if they declare it under their new enterprise agreement. This came from a report by Deutsche Bank which they are currently with. Michael Simotas, an Analyst from the bank showed their current wage agreement expired in June three years ago. They also still…
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So what happens now: Post-election?
It has been a rough couple of days for Coalition leader, Malcolm Turnbull and Opposition Leader, Bill Shorten. With no result on Saturday night about the winner and statistics coming back a quarter of voters chose the Independent parties first, this could be a good change for a stable political environment. The Liberal government are struggling…
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Survivor, activist, Nobel Peace Prize Laureate – Rest in Power Elie Wiesel.
At the age of 87, holocaust survivor and prolific writer Elie Wiesel passed away on Sunday. He was memorialised by family in a private service in Manhattan on Sunday, and world leaders have come out to praise his passion for human rights and his strength as a person. Born in Romania in 1928, Wiesel was sent…
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Major changes to IVF in China welcomed with open arms
After eradicating it’s backward One Child policy in October 2015, China has opened up opportunities for those wishing to undergo IVF treatment. For a country that has historically enforced strict guidelines particularly in Beijing; this is the first time in history that people have been able to select the gender of their baby; spend less time in…
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IKEA furniture comes crashing down
Ikea is undoubtedly the biggest ready- to-sell furniture store on the planet; having sold over 147.4 million chests of drawers globally since 1998. Many houses would have one or more pieces of IKEA furniture in their house. Now the Swedish giant has to unfortunately add a $29 million dollar recall to it’s name. Recently, it was found…
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Animal testing to be banned on Cosmetics
Over six million animals are vivisected annually. The term ‘vivisection’ is used to describe performing operations on live animals for the purpose of ‘scientific research’ or experimentation. Humans selfishly turn a blind eye to the inhumane treatment our furry friends endure so we can be more beautiful. It’s not just cosmetics that animals test but sunscreen and baby products too. The…
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Brexit may make it easier to work in the UK
If you’re looking for a change of scene, and looking toward the UK to work and live in a different country, then Brexit may have helped your cause. Currently, there are quite stringent conditions on working and living in the UK for an extended period of time. However, Australian high commissioner to the UK, Alexander…
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Waldorf Astoria turned into housing
The world’s most iconic hotel, Waldorf-Astoria, has been taken over by Chinese investors and turned into luxurious apartments. The Chinese company in charge, Anbang Insurance Group Co, bought it for $1.95billion in 2014 and plans to refurbish the whole building. The hotel is expected to close in 2017 and reopen three years later in 2020. Parts of…
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Second petition for Brexit
Last Thursday, the United Kingdom announced they will no longer be a part of the European Union resulting in their economic stance to be in strife. The ‘leave’ campaign won by 52% with 30 million voters. Many are concerned over the UK not staying as they are aware of the effects of leaving the Union. A petition…
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Are the scare tactics regarding Labor’s housing policy too much?
Labor’s policy certainly moves in the direction of reducing the appeal of tax breaks for future investors who purchase established properties. It does so by removing the ability for new investors to claim losses on their rental properties as an offset to their taxable income, known as “negative gearing”. It also halves the tax discount on…