Government plans fintech push to boost export sector

Senator Jane Hume has signalled the potential for new global agreements to propel Australian fintechs into new markets, acknowledging Australia's current agreement with the UK to encourage exports of Australian tech isn't being used to its full potential. "The 'fintech bridge' is probably under-utilised, particularly at the moment in the Australia-to-the-UK side of things," the Assistant Minister for Superannuation, Financial […]

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Government pays bureaucrats 32% more than private-sector workers earn

Is the national debt a real problem? Fisher Investment Founder Ken Fisher discusses why the national debt isn’t a serious concern. It’s a spending bonanza for state and local governments. Continue Reading Below Data shows they spend 32% more on their employees than private-sector firms. That’s according to June data from the Department of Labor that was released in September. […]

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Buying Lattes Is Not Keeping You From Being Rich

By Paul B. Brown “I Will Teach You to Be Rich” didn’t get as much attention as it deserved when it was first published a decade ago, and it’s easy to understand why. The author, Ramit Sethi, who runs a website with the same name as his book, ignored the emotions people have about money, apparently believing that all he […]

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Do E-Cigarettes Cause Seizures in Young Users?

The U.S. Food and Drug Administration (FDA) on Wednesday issued a safety alert related to the use of e-cigarettes, especially among young Americans. The agency has received a number of reports voluntarily submitted by e-cigarette users or their parents that mentioned seizures having occurred while vaping. The FDA noted that this may “signal a potential emerging safety issue” with the […]

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Decision Friday on N.S. mill’s contentious plan to pump wastewater into Strait

Nova Scotia’s environment minister says she will release her decision on the environmental assessment of Northern Pulp’s proposed effluent treatment facility tomorrow. The decision follows a 30-day public comment period for the controversial project that includes a new, 15.5-kilometre-long pipeline that will carry millions of litres of treated wastewater to the Northumberland Strait. Margaret Miller says the decision on the […]

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Gush of government spending that boosted economy last year is fading

The economy has slackened off because households and businesses have curbed spending, but the government isn’t doing as much heavy lifting, either. The pace of U.S. growth slowed to 2.2% in the fourth quarter from 3.4% and 4.2% in the prior two periods, according to revised figures on gross domestic product. Economists predict even slower growth in the first three […]

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German government advisers cut growth forecast for 2019

The German government's panel of independent economic advisers has nearly halved its growth forecast for this year and is now predicting that the German economy will grow by only 0.8 percent. In a regular update, the panel cut its 2019 forecast from the previous 1.5 percent and said growth should accelerate next year to 1.7 percent. Continue Reading Below The […]

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Government challenged to meet ‘massive’ support for TV election debates

The government has been challenged to respond to the “massive” level of public support for TV election debates and make them compulsory. Conservative MP Peter Bone, who hailed Sky News’ campaign to establish an independent commission to oversee debates, urged ministers to bring forward legislation during the next parliamentary session. The Wellingborough MP made the call as he admitted his […]

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Government spending bonanza gives RBA breathing room on rates

Australia's economy is set for a fiscal injection as the Coalition government, trailing in opinion polls ahead of the election in May, tries to buy its way back into contention. The expected spending bonanza in the April 2 budget will be well received by the nation's heavily indebted households. It may also win favour in a more unlikely quarter: the […]

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