Hoarding cash in a cashless society

Australians have been hoarding cash, particularly through the first year of Covid-19, despite forecasts that we will be a 98% cashless society by 2024. Even if this prediction from global payments giant FIS comes to pass, some 540,000 Australians will still prefer to use cash. You may recall a flurry of news stories on this topic in March. The research commented on the effect of a de facto ban on cash during the first year…

Continue reading

Covid triggering depression and anxiety

It’s the lead news story you’d probably never see on prime time TV, a focus on depression and anxiety and how Covid-19 and the control response has seen more of us succumb to the Black Dog. Newsreader: “Researchers have published new data that show the incidence of depression and anxiety among travellers stranded in Queensland has soared in recent months. “70% of those who reported acute anxiety or depression over the past six months were…

Continue reading

Submarine Stakes – North Korea 71 Australia 6

Call me late to the party, but this submarine commentary has been on the back burner for a couple of weeks. As long-term readers would know, I often eschew the 24/7 news cycle, in favour of (ahem) in-depth reports. The headline might look like an outrageous flogging in a rugby match, but it is actually the fact of the matter. North Korea, with a population close to ours (25 million), has 71 submarines. Australia has just six….

Continue reading

Country of origin labelling under review

I discovered only in the last year or so that up to 70% of ham and bacon sold in Australia is imported from Europe or the US. Your regular supermarket no doubt helps out by labelling pork products so you know what you are buying. For example, ham off the bone is almost always produced in Australia. Cheaper cuts and processed ham and smallgoods may contain up to 70% of imported pork. Australian Pork Limited recently…

Continue reading