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The latest Household, Income and Labour Dynamics in Australia Survey: Selected Findings (HILDA) report shows that the proportion of home ownership has declined in all parts of Australia, with the greatest declines in NSW and Victoria. Thereport, released on July 20, reveals that owning a house is no longer the norm and it is likely that renters will outnumber home-owners in the next few years.
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A controversy broke out at Sydney's Mardi Gras on March 6 when organisers threatened to ban the No Pride In Detention refugee rights float if they criticised Opposition leader Bill Shorten's refugee policies.
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A major victory has been won by ANZ workers and the Finance Sector Union (FSU) against ANZ bank. On February 16 ANZ’s proposed changes to the enterprise bargaining agreement were rejected by 64% of union members. This victory for ANZ staff came on the same day that ANZ announced a new CEO for its Australian operations. “Thousands of staff have said NO to a broken pay model, clawbacks on job security, hours of work and penalty rates,” said National Secretary of the FSU Fiona Jordan.
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US gangster Al Capone once said: “Capitalism is the legitimate racket of the ruling class.” 19th century US president Thomas Jefferson said: “Banking institutions are more dangerous to our liberties than standing armies.”
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Australia’s big banks would like you to think they care about climate change and the environment. But don’t believe them. A new report by Greenpeace Australia has revealed the “big four” — Westpac, ANZ, Commonwealth and NAB — are investing billions of dollars in Australia’s dirty coal boom. Burning coal for energy is Australia’s single biggest contributor to climate change, making more than a third of the country’s greenhouse gas pollution. Australia is also the world’s biggest coal exporter — and the export trade is growing fast.
ANZ (bank)
ANZ (bank)