Members' Forum

23Mar2017

The Department of Foreign Affairs and Trade (DFAT) has not changed its travel advice to Australians visiting London, despite a terrorist attack in the heart of the UK capital on Wednesday.

Australians are being urged to exercise normal safety precautions and to look out for suspicious behaviour, as they would at home.

“We recommend you remain vigilant, monitor media reporting and follow the advice of local authorities,” the official government site Smartraveller warned.

All travellers heading overseas are urged to register their travel with...

08Mar2017

The Reserve Bank of Australia has this week left the official cash rate unchanged at an historically low 1.5 per cent.

But US Federal Reserve chair Janet Yellen has signalled that US rates could increase sooner rather than later.

Some Australian analysts are tipping that an American rate rise could occur this month and  Australian borrowers should be prepared.

Is a rate rise warranted in Australia? Would it stifle already subdued consumer spending or will it help people, such as seniors, who have bank term deposits?

02Mar2017

The Fair Work Commission last week ruled there should be a cut to Sunday penalty rates for many workers in the fast food, retail and hospitality industries.

The Commission has now called for submissions over how the pay cuts should be brought in as politicians continue to squabble over the issue. Labor is vowing to stop the cuts, while the Coalition is standing by its decision to respect the Commission's independence.

Do you agree that cutting Sunday penalty rates is the right decision which could lead to the creation of more jobs? Or is it just an erosion of hard-fought...

23Feb2017

News reports this week say some Coalition MPs are lobbying for first home buyers to get on the property ladder by accessing some of their superannuation savings.

Under the proposal, the would-be buyers would have access to some of the banked employer super contributions equal to their voluntary payments, which could then be used as a deposit on a first home.

But there are also fears that such a move could further inflate the already overheated property market, particularly in Sydney.

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09Feb2017

Prime Minister Malcolm Turnbull this week delivered a tirade in parliament against Opposition Leader Bill Shorten, calling him a parasite, hypocrite and sycophant.

Mr Shorten has previously used the epithet ‘Mr Harbourside Mansion’, coined by Tony Abbott’s former chief of staff Peta Credlin.

Are the jibes a sign of more acrimonious mud-slinging to come or just a feisty start to the parliamentary New Year?