The government is urging Australians to get off the couch and exercise, with alarming new figures revealing half of us are overweight, battling diabetes or suffering another chronic disease. Statistics from the Australian Institute of Health and Welfare show 1-in-5 Aussies have at least two chronic diseases brought on by inactive lifestyles or smoking. These include heart and lung disease, arthritis and back problems. The government says while an ageing population explains part of the …Continue reading Government urges Australians to exercise
China has devalued its national currency to its lowest rate against the US dollar in almost three years. The People’s Bank of China said the move was a “one-off depreciation” to make the exchange rate more market-oriented. Many analysts also believe it was an attempt to support China’s flagging exporters. However, it has raised fresh concerns for Australia’s resources sector and the economy as a whole, with some economists and miners warning it has the …Continue reading Chinese yuan devaluation: Good or bad for Australia?
The Australian dollar tumbled after the People’s Bank of China lowered the yuan’s midpoint against the US dollar in the daily trading range. The Australian dollar plunged more than 1 per cent on Tuesday when China devalued the yuan after more than a year of steady appreciation against its main trading partners, including Australia. In late local trade, the Aussie was fetching US73.17¢, compared with US73.95¢ at the same time on Monday, and an intraday high …Continue reading Australian dollar falls as Chinese yuan devalued
Network costs make up about half of what electricity retailers charge consumers. Photo: Bloomberg Households could slash more than $1000 off their annual power bill thanks to the removal of the carbon tax along with heightened market competition following the deregulation of the NSW electricity market. “If you stand still, you’re paying a premium price,” said Gavin Dufty, policy officer with the St Vincent de Paul Society, which conducts the annual pricing survey. “And when your market …Continue reading Power prices dive as carbon price axed, competition rises
It’s believed the woman, understood to be 25, was posing for a photo on the rocks at Bare Island, off La Perouse, when she was swept into the water about 3.35pm, police said. A search and rescue operation was begun after the incident was reported. Police at the scene. (9NEWS) Emergency services, including police boats and divers scoured the area around the rocks and further out to sea. They later discovered her body. Divers and …Continue reading A female tourist has died after being swept off rocks and into the sea in Sydney’s southeast