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All the indications are that this is just the start, and that a hefty chunk of Northern Australia is set to change hands from Australian to Indonesian ownership at bargain basement prices.
Australia has an ageing society and while living longer is good news for many, there are some major economic issues we need to understand to avert a huge problem in the years to come.
This is truly astonishing. Put your money in the bank and you are lucky to collect 3 cents in yearly interest, but hand a dollar over to Holden and it miraculously turns into $20.
Housing affordability was recently voted as one of the most important issues to young voters in a study by the Australia Institute. But just why are young people being locked out of the housing market.
More to the point, Australian vendors must market Halal certification on goods sold not as religious markings but rather as references to quality assurance.
Wherever you are in the state, someone who wants to provide housing or someone who wants to protect their environment, should be able to press a few buttons and know exactly what was intended for that particular parcel of land.
Depending on whose research you want to rely on, we now have the situation in Australia where between a third and 40% of the price of a new home can be attributed to taxes and other government costs.
