Tag Archives: Australia

Australia to Strip Dual Citizens of Citizenship for Suspected Terror Activities

Posted on by

“Legislation passed by the federal Senate late on Thursday will affect any person aged 14 or older, and in the case of a suspect whose activity takes place overseas, no conviction of a criminal offense will be necessary for the citizenship to be lost.  The legislation also allows the authorities to prevent any terrorist with dual nationality located abroad from returning to Australia, and to expel dual nationals who engage in terror activities in Australia, wherever possible. Several other Western countries have made similar amendments to citizenship legislation in recent years in response to the growing terror threat, including Canada and Britain.”

http://cnsnews.com/news/article/patrick-goodenough/australia-strip-dual-citizens-citizenship-terror-activities

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

As Passport Wars Heat Up, Time to Consider Countermeasures

Posted on by

the-daily-bell-top-logo61

“Britain is not alone in using the passport system as a method of attacking those who for one reason or another are deemed ‘enemies of the state’ – or potential enemies. The US is doing its best as well.  One English-speaking country that already routinely confiscates or suspends passport Is Australia. It is hard to remember that this modern quasi-comprehensive passport system is basically less than 100 years old. In the 1800s, it was often considered unusual and sometimes even insulting to have to identify oneself with officially issued documents when traveling privately. All that changed before World War II with the introduction of Interpol and the passport system.”

http://www.thedailybell.com/editorials/36619/Anthony-Wile-As-Passport-Wars-Heat-Up-Time-to-Consider-Countermeasures/

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Australia and China work together to deport officials suspected of corruption

Posted on by

“This April, the Central Anti-Corruption Coordination Group of the Central Commission for Discipline Inspection (CCDI) launched a new initiative called ‘Skynet’ to hunt down officials suspected of corruption and those accused of economic crimes that have fled overseas. Unlike the ‘Fox Hunt’ operation launched last year, which targeted fugitives hiding in Asia or Africa, the Skynet list directly targets people in Western countries. The US, Canada and New Zealand have 40, 26 and 11 fugitives respectively and Australia was the 4th popular hideout with 10 people.  Most of the officials and economic criminals on the run in Australia chose to live in big cities, like Sydney or Melbourne.”

http://www.globaltimes.cn/content/936535.shtml

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Beef, big bucks and buy-ups: are Chinese investors changing the face of Australia?

Posted on by

“The arrival of the Chinese as serious buyers into Australian agriculture coincides with the Abbott government dramatically raising the scrutiny of their farmland purchases.  It has slashed the threshold for Foreign Investment Review Board screening of agricultural land acquisitions by Chinese from $248m to $15m, which has focused new attention even on deals at the modest end of this space. The government has also tasked the tax office with collecting all data on foreign ownership of farmland, with a view to compiling a register next year.  These moves come well on the heels of Europeans, Americans, Japanese and Koreans acquiring great swaths of Australian agriculture.”

http://www.theguardian.com/australia-news/2015/aug/06/beef-big-bucks-and-buy-ups-are-chinese-investors-changing-the-face-of-australia

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Australia: Sending mixed messages to China

Posted on by

“Australia is sending very mixed messages to potential investors – because it’s one set of rules for some, and another for others.  These tighter new foreign investment rules apply to investors from countries that have recently signed Free Trade Agreements (FTAs) with Australia, such as Japan, Korea and China. But they don’t apply to countries with older FTAs such as the US, New Zealand and Chile. Investors from the latter countries only need to seek approval if their purchases of Australian rural land or agribusinesses exceed A$1.09 billion. That’s 73 times the threshold facing Chinese investors for rural land and 20 times that for agribusinesses.”

http://theconversation.com/playing-the-china-card-may-win-votes-but-its-bad-for-australia-39364

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Australia Orders More Foreign Homeowners to Sell

Posted on by

“Several foreign owners of residential property across Australia have been ordered to sell as the government intensifies its crackdown on the abuse of homeownership laws by buyers from China and elsewhere.  Treasurer Joe Hockey said foreign investors have been ordered to sell six properties in the cities of Sydney, Brisbane and Perth.  The treasurer said he expects more divestment orders will be announced soon, and promised to increase penalties for those who break the rules. The conservative government is under pressure to make housing more affordable, and rein in surging investor buying that some fear may push the market to unsustainable levels, causing a crash.”

http://www.wsj.com/articles/australia-orders-more-foreign-homeowners-to-sell-1439024595

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Asia’s $800 Billion Nuclear Splurge to Unlock Uranium Motherlode

Posted on by

“A nuclear-power boom in Asia that’s set to drive up uranium prices is triggering a resurgence in mining in Australia, home to the world’s largest reserves.  Almost $800 billion of new reactors are under development in the region, driven by China and India where demand is climbing for the emission-free energy.  The value of uranium plunged in the wake of the 2011 Fukushima nuclear disaster in Japan. Now, with contract prices forecast to jump more than 60 percent, suppliers in Australia are planning about half a dozen new mines.  China will need the equivalent of about 1,000 nuclear reactors, 500,000 wind turbines or 50,000 solar farms as it steps up its fight against climate change.”

http://www.bloomberg.com/news/articles/2015-05-07/asia-s-800-billion-nuclear-splurge-to-unlock-uranium-motherlode

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Australian inquiry says digital currencies are real money

Posted on by

“An Australian government inquiry will recommend treating digital currencies as money, simplifying tax for people who trade with them while forcing bitcoin exchanges to monitor customers for potential money laundering and terrorism financing activities.  The Senate committee recommendations underscore governments’ growing acceptance of the role of so-called ‘cryptocurrencies’ around the world.  If implemented, the changes would align Australia with the United Kingdom and Spain by having people pay sales tax just once if they buy something with bitcoin, while leaving other nations like Sweden to fret over its true legal status. The changes would also match Australia with Canada and Singapore.”

 

http://www.reuters.com/article/2015/08/05/us-australia-bitcoin-idUSKCN0QA0TS20150805

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Miners Shed Thousands of Jobs as Commodities Prices Slide

Posted on by

“The world’s biggest miners are hemorrhaging jobs as the price for almost everything they dig up–from gold to aluminum to copper–slides relentlessly downward.  Staff cuts are among the measures miners are taking to lower their costs amid a historic downturn in commodity prices driven by China’s abrupt economic slowdown. Anglo and other big miners such as Rio Tinto PLC have also moved to restructure organizations that had grown quickly when China was gobbling up commodities. The moves come as oil companies and their service contractors shed tens of thousands of jobs and are moving to reshape their operations for what could be a long period of lowered commodity prices.”

http://www.nasdaq.com/article/miners-shed-thousands-of-jobs-as-commodities-prices-slide-20150724-00296

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet

Warren Buffett plans $2 billion a year Australian spending spree

Posted on by

“Legendary investor Warren Buffett has at last locked his gaze on Australia and will now take charge of a $2 billion war chest for investment here each and every year.  Mr Buffett, the head of investment conglomerate Berkshire Hathaway, will use funds from a newly minted deal with Insurance Australia Group to build up equity stakes in other large Australian companies including at least one bank.  Banks will be among his targets.  Mr Peters said the IAG deal ‘sends a very clear message to the market place that Berkshire will be deploying capital in Australia’.”

http://www.smh.com.au/business/banking-and-finance/warren-buffett-plans-2-billion-a-year-australian-spending-spree-20150616-ghpjd6.html

Scan to Donate Bitcoin to Freedomwat.ch Staff
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Donate via Installed Wallet