originally set up to pool small deposits from individuals and households in order to finance mortgage lending. Residential home ownership was highly desired by Australians and as it was difficult to obtain home finance from banks in the regulated environment‚ building societies were able to fill the breach and thrived. With deregulation of banks and the growth of the securitised mortgage market‚ the value of the intermediation function performed by building societies and credit unions (funnelling small
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will investigate The Language Death in Australia. Language death is an important issue in global society and a serious problem throughout the world. In recent years‚ this issue is raising more stronger‚ Australia is a nation which is facing language death‚ Australia is the most rapid loss of languages of any country in the world‚ the proof is that most of 300 languages are no longer spoken and are in extinction this is seen as dangerous in languages of Australia (Nettle & Romaine 2000: 9)‚ the approximately
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Australian icons Flag of Australia Adopted • 3 September 1901 • The flag includes the Southern Cross‚ Union Flag (The Union Jack) and Commonwealth Star. The Commonwealth Star (also known as the Federation Star‚ the Seven Point Star‚ or the Star of Federation) is a seven-pointed star symbolising the Federation of Australia which came into force on 1 January 1901. Coat of arms of Australia Adopted • 19 September 1912 • Granted by King George V; an earlier design was granted by King Edward VII
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Location: Tropical cyclones occur in the northern part of Australia‚ around the periphery‚ or in the tropics. The areas most affected by tropical cyclones are Queensland and Western Australia‚ with New South Wales being one of the states rarely affected. The season for tropical cyclones in the southern hemisphere is from November to April. What is a tropical cyclone: Tropical cyclones are a type of low-pressure systems which generally form in the tropics. They are violent storms‚ which rotate
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Legal Environment of SLT Report SU MAN MSc SLT ETU20100211 ESC RENNES 1. The Legal Differences There are approximately 80.000enterprises related to Travel agents and tour operators in Europe with 450‚000 employees. Package holiday becomes a popular and convenient travelling form attracting more people. Until 2007‚ 190 million package holidays have been sold. Meanwhile‚ 29.000 IATA accredited agency have already settled in travel agency. According to the statistics‚ there were $1.6 billion
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Australia day In the beautiful country Australia‚ lives a culture where is almost forgotten. A lot of us Europeans actually don’t know. Isn’t it the British who lives in Australia? Which culture is almost forgotten? If you see back in the past 200 years‚ you would know that the British people actually did. There was a culture before the British arrived and clamed Australia as a British land. Now days we call them Australians Aborigines‚ but they are the real people of the country. It is the Aborigines
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Operating a Franchise in Australia Contents Introduction 2 Discussion 3 Conclusion 11 References 12 Introduction The major issues or background of the essay is the need to review the franchisee code of conduct in Australia and verifying the amendments those took place in 2008 and 2010. The key points for this review are issues like questions of good faith in franchising‚ the various rights of franchisees at the end of their franchise agreements for example recognition for any contribution
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FTA’s allow Australia to trade more freely with other countries‚ e.g. a bilateral free trade agreement allows two countries to trade freely with limited tariffs. FTA’s will help Australia do more than just trade with other countries in goods. FTA’s allow trade in things like services‚ goods‚ etc... FTA’s will also encourage tourism and thus cultural exchanges between the countries involved in the FTA. By allowing Australia to trade more freely with other countries FTA’s will help boost Australia’s
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However‚ with the increase in efficiency‚ demand and consumption has also gone up‚ cancelling out the positive impact of decreased need for resources gained from technology. In order to prevent the environment from continuing this downward spiral‚ we as humans must make behavioural changes as well as technological advances. The modern society is that of an anthropocentric one‚ so distinct from the previous Holocene that it was given a new name: the Anthropocene (The Economist‚ 2011). The Anthropocene
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After WW2‚ Australia felt that the population was too small to defend itself in case of another event. It also felt that Australia needed an economic boost and an increase in the population was the way to do so. In a speech to parliament in 1944‚ Immigration Minister Arthur Calwell expresses the need for migrants; “…Only by filling this land can we establish a title to hold it” (House of Representatives‚ Debates‚ 1944‚ vol. HR177‚ p.935). The Chifley Labor government’s aim in the late 1940s was
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