Members' Forum

27Apr2017

The Federal Budget on 9 May is rumoured to include measures aimed at forcing GPs to prescribe generic rather than brand name drugs.  This would save the government millions of dollars, help rein in the Budget deficit and cost consumers less.

Would you be happy to buy cheaper generic medicines with the same chemical composition, or would you only trust brand name drugs?

20Apr2017

Former Prime Minister Tony Abbott has been criticising the Federal Government again, prompting calls for his resignation from politics.

Long-serving Federal MP Warren Entsch said the criticisms by Mr Abbott in a recent newspaper opinion piece and on radio, show he should quit or risk being remembered as a ‘spoiler’.

Mr Abbott has called on the government to change several policies, including cutting renewable energy subsidies, making more changes to the Senate, and abolishing the Safe Schools program aimed at protecting gay and transgender children from bullying.

Do...

06Apr2017

Australia is reportedly moving rapidly towards a cashless society, using the internet for banking, paying bills and shopping.

Soon it’s expected that rather than using cash or plastic to pay for our groceries at the supermarket, we’ll be swiping our mobile phones. And we’ll do the same when we need some of the folding stuff – American bank Wells Fargo has started rolling out ATMs that dispense cash using only your smartphone – no debit or credit card required.

The bank says it saves carrying around a piece of plastic but, more importantly, it’s a defence against card-skimming...

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?