5 Amazing Stories of Things Lost, Then Found
Thanks to the kindness of strangers these precious lost objects were returned to their rightful (and thankful) owners. Lost: A Wallet Belonging to a Soldier Headed Home It was the night before he was supposed to fly home. Without realizing it, American solider Chad Reid dropped his wallet on an Afghanistan street, losing his credit...
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Posted on March 4th, 2018
Australian economy to become 11th largest, China to be the biggest
Australia will become the world’s 11th-biggest economy within a decade, and China will become the largest, a report predicts. The London-based Centre for Economics and Business Research has forecast Australia will climb two places on its world economic league table by 2026 from its current ranking of 13. The report also predicts China will overtake...
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Posted on February 25th, 2018
How to Set and Reach Savings Goals
Setting specific savings goals will help you to begin saving money. When you are just putting money into the bank on a regular basis, it can be easier to withdraw it for various reasons or overspending, and using some of your money earmarked for savings is easier to justify. For these reasons, it is important...
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Posted on February 18th, 2018
NSW’s recycling scheme a load of rubbish
WHAT certifiable genius came up with the idea for the new container deposit scheme, aka cash for cans shambles, aka Great Big New Tax on fun? Honestly, to add $5 to the cost of a case of beer right before Christmas has to be the biggest own goal since, well, the greyhound ban. Some craft...
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Posted on February 11th, 2018
Shopping Addiction
A shopping addiction quiz may help you determine if you’re a shopaholic. Approximately 6% of adults can be considered shopaholics, according to a 2006 Stanford University study. People who frequently engage in buying things, regardless of need and/or ability to pay, are commonly referred to as shopaholics. And it’s not only a problem for women,...
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Posted on February 4th, 2018
$1.7 million in cash found on Seoul subway in 3 years
SEOUL (KOREA HERALD/ASIA NEWS NETWORK) – A total of 1.4 billion won (S$1.74 million) of cash was lost on the subway in Seoul over the past three years, Seoul Metro said Sunday (Dec 3). Fortunately about 85 per cent of the money has been returned to their owners. Items found in subway stations and trains...
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Posted on January 28th, 2018
How to Save Money in Your Twenties
The sooner you can establish a habit of saving, the better off you will be. When you are in your twenties, you often have more disposable income because you have not yet purchased a home or started a family. You may have a great deal of student loan debt you need to pay off and...
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Posted on January 28th, 2018
Australia a ‘place of choice’ for money laundering due to lack of regulation: ANZ
ANZ Bank says a lack of political will has seen successive Australian governments fail to extend money laundering laws to cover lawyers, real estate agents and accountants. Australia’s hot property market is an attractive haven for criminals, with estimates that billions of dollars of dirty money is being laundered through residential property. Australia’s anti-money laundering...
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Posted on December 10th, 2017
Australia Takes Aim at Cryptocurrencies With New Money Laundering Bill
Australia is moving to introduce a new bill that would extend the country’s anti-money laundering (AML) rules to cover domestic cryptocurrency exchanges. In a statement this morning, the Ministry of Justice announced that the legislation would seek to bring exchanges within the jurisdiction of the Transaction Reports and Analysis Centre (AUSTRAC), the country’s chief financial intelligence office. The effort dates back to...
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Posted on December 3rd, 2017
Australia’s Commonwealth Bank Accused of Massive Money-Laundering Breaches
SYDNEY — The Australian government on Thursday accused the country’s biggest mortgage lender, Commonwealth Bank of Australia, of widespread breaches of money-laundering and counter-terrorism financing rules. Financial intelligence agency AUSTRAC said it had initiated civil penalty proceedings in the Federal Court against CommBank for “serious and systemic non-compliance,” in the biggest case of its kind...
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Posted on December 3rd, 2017