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Sweating on every word – how ASIC massaged the banking message

24 April 2017 | SMH

"Sorry about this, it's obviously a huge deal for CFP [Commonwealth Bank's financial planning unit]. They have sweated over EVERY word in the media release, believe me ..."

Rather than being an email from a CBA PR about a press release it was about to issue, it is an email from an ASIC executive, relating to an enforceable undertaking after finding gross misconduct in its financial planning division, thanks to a tip-off from CBA whistleblower Jeff Morris.


Grim warning on North Korea missile threat as Julie Bishop blasts regime

24 April 2017 | SMH

As military tensions on the Korean Peninsula escalated further on Sunday, defence experts said Pyongyang could have the ability to strike Australia with an inter-continental ballistic missile [ICBM] within three years – but it cannot hit the mainland yet.


Blow out: 11,000 uni students owe $100,000, a 500pc rise on 5 years ago

18 April 2017 | AFR

The number of student loan debtors owing over $100,000 under the federal government's Higher Education Loan Program (HELP) is over five times higher than five years ago, according to the latest official figures.




How CBA, Westpac, AMP won ASIC spin war

18 April 2017 | The Australian

Over nearly a decade, the corporate regulator regularly bowed to demands from big banks and financial players — NAB, CBA, Westpac, Macquarie and AMP — to water down the language used in press releases dealing with industry wrongdoing.


'A cynical move': readers on Theresa May's snap election

18 April 2017 | Guardian Australia

Britain is set for its second general election in two years, after Theresa May made a surprise announcement that she wants to hold a snap election on 8 June.


How $500k of Donald Trump campaign funds have been funnelled into his businesses

18 April 2017 | The Independent

Donald Trump's properties have reportedly cashed in on nearly $500,000 of the money set aside for the President’s 2020 re-election campaign.


Abolition of 457 visa is more a political stunt than serious change

18 April 2017 | AFR

Prime Minister's Malcolm Turnbull plan to abolish 457 visas has predictably attracted much attention. But when he announced he would replace the skilled visa with a new skilled visa, the 'abolition' started to smack of a political stunt.


Malcolm Turnbull to abolish 457 immigration work visas

18 April 2017 | SMH

The Turnbull government has cracked down on foreign worker visas and adopted an "Australians first" approach to skilled migration, scrapping the controversial 457 visa program and announcing a much stricter replacement.

Two new temporary skills shortage visas will impose tougher English language tests and stricter labour market testing, and require at least two years of work experience and a mandatory police check.


Thousands of Working New Yorkers Are Living in Homeless Shelters

17 April 2017 | The Wall Street Journal

Donna Morgan is dreaming about shrimp and okra, deviled eggs with onions, and porgy.

It has been a long day at work, and the 51-year-old Manhattan health aide is yearning for the taste of home.

Instead, she likely will pick up some fast food and return to the Lower East Side homeless shelter where she has lived since October.


With Trump Appointees, a Raft of Potential Conflicts and ‘No Transparency’

17 April 2017 | The New York Times

WASHINGTON — President Trump is populating the White House and federal agencies with former lobbyists, lawyers and consultants who in many cases are helping to craft new policies for the same industries in which they recently earned a paycheck.


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