Australia

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A place to discuss Australia and important Australian issues.

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For the last 3 years many children have been exposed to terrible scenes of destruction and suffering on TV and online and from the looks it isn't going to get better for some time. Talking with kids and answering their questions and making them feel safe is really helpful. There are quite a few sources of advice to choose from but this one is really clear imo.

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I had not heard of this teacher training program. It is alarming but not surprising and we should become aware whether teachers at our children's schools are being used to inculcate the Zionist dogma.

Teacher training program The Yad Vashem Holocaust Studies Teacher Training Program for Australian Educators represents an external lobby group that influences educators and enables a foreign interest group to interfere in the public education system. It does this by:

  • Providing free travel junkets.
  • Politicising history by refocusing Holocaust studies on contemporary politics of the Middle East.

  • Providing professional learning, teaching materials, lesson sequences, and historical sources” which support a Zionist interpretation of History.

  • Influencing politically uninformed teachers who may not be aware of the Palestinian Nakba that occurred in 1948.

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In both physical & digital copies of video games: when I've visited an store, upon looking at the price tag (they range at 90 AUD or more for a copy, seriously?!) I've also browsed through their Steam store front which isn't any better, 110-30 AUD for a digital license?! When you consider regional pricing, they end up costing more than USD (depends, like a +20% increase which is insane to me). To put it into perspective, games are cheaper in my country than they are in Australia.

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When is our government going to have some moral courage?

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Let's have a bit of a laugh now in case the PM's talk tonight is not funny. Enjoy the cartoon!

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From summary:

In short:

The RBA will remove surcharges on debit and credit cards, saving consumers and businesses about $1.8 billion each year.

The package of reforms also includes lowering the caps on interchange fees paid by Australian businesses, with a focus on small businesses currently paying the highest fees.

What's next?

Most of the reforms are due to take effect from October this year.

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This seemed to fit into the channels description but let me know if you want it moved.

So I'd like a 1-3 times a week write up of economic issues around Australia that does not focus mainly on the stock market, investments or the US. I know a few sources like this for the US (Jared Bernstein, Paul Krugman) and even though it's not the main focus the TLDR News on YouTube / Nebula occasionally touches on global economics or something more local. I don't really love podcasts for this (its the sort of thing that should have charts and maths) but even if I did examples of what I think miss the mark in their style (they are all US focused so not what I'm after) are the FT News Briefing and Prof G Markets mostly since they are too focused on stock / investments. I also don't love news sites because they tend focus on engagement so its easy to get distracted and lose a lot of time

Anyway, does anyone know of something relevant?

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For example, travel destinations where Australian tourists are heading to (apart from Indonesia, specifically Bali) where their currency shows higher purchasing power are: NZ, Japan, South Korea, Vietnam, Malaysia, Thailand or Turkey to list a few examples.

I mean, it always has a LOWER exchange rate when compared to stronger currencies such as the Pound Sterling, Euro or US Dollars since the rate via AUD is crap in comparison when taking into account of PPP abroad:

Country (Currency) GBP (£) EUR (€) USD ($) AUD ($)
Indonesia (Rp) 22430 19490 16896 11722
Vietnam (₫) 34956 30114 26263 17990
South Korea (₩) 2000 1738 1516 1038
Japan (¥) 210 183 159 109
Turkey (₺) 58 51 44 30
Thailand (฿) 43 37 32 22
Malaysia (RM) 5.31 4.61 4.02 2.75
New Zealand ($) 2.30 2.00 1.74 1.19

Like WTF is going on with the AUD, why is it in the bottom? Numbers on their own don't mean anything but the true measure is purchasing power (how many units of foreign currency you can receive in that country is determined by the exchange rate).

I mean, with a lower exchange rate you receive less foreign currency (pay more to receive the equivalent amounts from the greenback), like if 1000 USD gets you 16.8m Rupiah in Bali, you have to exchange 1500 AUD since 1000 AUD is only 11.7m Rupiah.

However, even the highest valued currencies (like those from Kuwait or Oman for instance) are worth more than the Aussie Dollar or other major currencies mentioned below just because it's "oil" money, but the drawback is that they both aren't common outside their region (the Middle East: Gulf) making it hard to exchange abroad.

If you break down each denomination from the Kuwaiti Dinar converting how much each one it's worth:

Denomination GBP (£) EUR (€) USD ($) AUD ($)
20 KD 49.05 56.45 64.70 94.50
10 KD 24.55 28.20 32.35 47.25
5 KD 12.25 14.10 16.20 23.60
1 KD 2.45 2.80 3.25 4.75
^1/2^ KD 1.25 1.40 1.60 2.35
^1/4^ KD 0.60 0.70 0.80 1.20

If you break down each denomination from the Omani Rial converting how much each one it's worth:

Denomination GBP (£) EUR (€) USD ($) AUD ($)
RO 50 98.70 113.55 130.20 190.10
RO 20 39.50 45.40 52.10 76.05
RO 10 19.75 22.70 26.05 38.00
RO 5 9.90 11.35 13.00 19.00
RO 1 1.95 2.25 2.60 3.75
RO ^1/2^ 1.00 1.15 1.30 1.90
100 Baisa 0.20 0.25 0.25 0.40

But, having a high value currency has it's cons despite the value: it makes exports expensive for people who want to buy from that country and the lack of it circulating outside it's region makes it niche within the forex market despite it being a real currency a country actually uses.

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Across Australia, police are encountering more homemade firearms in seizures, including some that are largely 3D-printed.

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**In short: **

The government has halved the fuel excise, reducing the cost of petrol and diesel by 26.3 cents a litre for three months.

The heavy road user charge will also be reduced to zero for the same period, taking pressure off truck drivers and transport costs.

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Australia's states are split over free public transport as the war in the Middle East drives fuel costs higher, with Victoria and Tasmania waiving fares while NSW, Western Australia, Queensland and South Australia have ruled out following suit.

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