Search Results for: australia

Australia’s household debt-to-income ratio is at an all-time high

Australia household debt income ratio

The Bank for International Settlements has warned that record household debt levels amassed in the past decade have left Australians among the most vulnerable to a sharp rise in global interest rates. According to the Reserve Bank of Australia, household debt-to-income ratio for Australia is at an all-time high of 189%. …

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Australian propaganda TV outlet Network 10 goes into administration

Network 10 Channel administration

Troubled free-to-air broadcaster Network Ten has been placed into voluntary administration after its billionaire backers walked away. The network was widely expected to enter administration today, after it emerged yesterday that Ten shareholders Lachlan Murdoch, Bruce Gordon and James Packer decided against guaranteeing a new $250 million loan to replace …

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Australian banks at risk

big four banks Australia

Despite yesterday’s blowout $6 billion or so profit from ANZ, it turns out all is not entirely well in Australia’s financial services industry. For the last five years, the pattern in the markets has been the same. A crisis starts at the margin, with a peripheral player, and then moves …

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Australian media demands water supply be fluoridated

Australian familiy drinking fluoridated water fluoridation

Rupert Murdoch run media The Daily Telegraph, in Australia, has launched a major push for federal and state government to override local councils and fluoridate all water supplies. This is despite the growing scientific evidence and public backlash against fluoridation. Studies are showing that the sodium fluoride in the water supply is …

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Australia passes tyrannical internet laws

Game of Thrones Australia internet laws pirating policing medieval

Ostensibly designed to stop you illegally downloading new episodes of Game of Thrones, they may have far broader implications for online freedoms. On Monday afternoon, Labor and Coalition senators voted together to wave through legislation rolling out a new Australian internet filter. The law is intended to stop the circumvention …

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Australian sports commentator fired for anti-war tweets

No war Australia

Editor’s note: Another prominent Australian journalist, Mike Carlton, was forced to resign after criticizing Israel’s due to their slaughter of the Palestinian people. Australia’s SBS channel sacked one of its top football commentators, Scott McIntyre, for a series of tweets on Anzac Day doubting the wisdom of glorifying Aussie troops in any …

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Australia joins list of nations selling bonds with negative yield

Flag Australia

Australia has this week joined the illustrious list of governments that have been able to borrow money at negative interest rates. The Australian Office of Financial Management, which manages the government’s debt programme, sold $200 million of inflation-linked bonds maturing in 2018 to 13 investors on Tuesday at a yield of …

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Australian government set to tax bank deposits

Australia Tony Abbott

The Australian Federal Government looks set to introduce a tax on bank deposits in the May budget. The idea of a bank deposit tax was raised by Labor in 2013 and was criticised by Tony Abbott at the time. Assistant Treasurer Josh Frydenberg has indicated an announcement on the new tax …

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Morgan Stanley: Australia needs stimulus to avoid recession

Australian dollar economy

Australia could face its first recession in almost 25 years unless authorities further stimulate the economy, Morgan Stanley said. The nation’s economy will expand just 1.9 percent in 2015, with 1.5 percentage points of that coming from higher exports, and unemployment will climb to 6.8 percent, Morgan Stanley economists led by Daniel …

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Australia to pass NDAA style indefinite detention law

Sydney

Following Australia’s passing of draconian anti-terror laws late September, the country took another step in the direction. This may allow its security services to detain anyone without charge even before other methods of questioning have been exhausted. The proposed new laws will be subject to a parliamentary inquiry’s decision before …

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Australia’s NSA (ASIO) seeks spy access to global internet

Australia George Orwell

New national security legislation designed to make it easy for the Australian Security Intelligence Organisation (ASIO) to tap, access, and disrupt target and third-party computers and networks is so broad that it could in effect give ASIO access to every computer on the internet, according to legal experts. Attorney-General George …

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Australian judge is open to pedophilia and incest

Australian judge law

An Australian judge has incurred the wrath of child protection and gay rights advocates after stating that incest and pedophilia may no longer be considered taboo – just as gay relationships are now more accepted than they were in the 1950s and 60s. District Court Judge Garry Neilson was recorded …

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Australia’s largest coal miner makes $15 billion, pays zero tax

Coal mining

Australia’s largest coalminer, Glencore, paid almost zero tax over the past three years, despite income of $15 billion, as it radically reduced its tax exposure by taking large, unnecessarily expensive loans from its associates overseas. At up to 9 per cent, the interest rates on these $3.4 billion in loans …

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Australia to unleash genetically modified wheat

Australia wheat GMO

It might sound drastic, but the torching and removal of unwelcome genetically-modified organisms (GMOs) is precisely how the people of countries throughout Europe, Asia, and elsewhere have effectively stopped the commercial deregulation of dangerous GMOs in the past. And it may be the only effective remedy right now in Australia, …

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Aussie, aussie, aussie! Drone, drone, drone!!

drone australia war on terror spy

Didn’t they recently announce the war on terror is over? So why are they still going all out with drones, naked body scanners at airports, TSA all over America groping people, more wars overseas, hiring mercenaries to conduct missions in foreign nations, funding proxy terror groups, draconian laws, internet control, …

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G20 meetings to cost Australian tax payers $500 million

Army helicopter Brisbane G20

Australia will spend over $500 million hosting this year’s G20 meetings. In the world of ordinary taxpayers that is a lot of money that could otherwise be spent in the nation’s schools, hospitals or other worthwhile public purposes. So what are the benefits of the G20 and can the world’s …

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Why the New World Order needs Australia

The New World Order is real and the Globalists who desire the establishment of a New World Order are doing everything in their power to create the global government they need to guarantee global control and power. The Globalists will only achieve the establishment of a New World Order under two conditions. …

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