AMP makes ethical choice to quit smokes and munitions

Cigarettes are off AMP’s list. AMP’s funds management business is divesting $440 million worth of tobacco-related investments in what it says is the biggest move of its kind in Australia. As part of AMP Capital’s new ethical framework, the company is also divesting $130 million of investments in makers of landmines and cluster munitions. “In the case of tobacco, cluster ...

Read More »

Life insurance dies as premiums soar

Australians are ditching life insurance in droves because of huge rises in the premiums they pay. It is estimated that one-third of life insurance policies are being cancelled within six years, and insurance specialists warn that families risk financial ruin by quitting without considering cheaper options. “People think it’s outrageous,” certified financial planner Patrick Canion said of the surge in ...

Read More »

Court told teen ‘struck’ party host, called for medics

Padbury man Ryan Ball has regained consciousness after six days in a coma.Picture: Seven News The teenager accused of attacking Padbury party host Ryan Ball, leaving him fighting for life in a coma, will spend another week behind bars after his application for bail was refused. Kaide Travis Maslin, 18, appeared from Hakea prison in the Perth Magistrate’s Court today ...

Read More »

Looking down on Earth

Think of satellites as eyes in the sky, providing sweeping views of volcanoes, wildfires, landslides and hurricanes. They’re used for navigation, communications, weather forecasting and even spying. Data from satellites can be used to help scientists track changes in forests, predict weather patterns and measure ozone in the atmosphere. Amnesty International uses remote sensing images from satellites, aircraft, drones and ...

Read More »

Pension risk in dipping into super for home: report

A 35-year-old taking out $100,000 now could later cost the government $92,000.Picture: WA News Allowing first-homebuyers to draw on their superannuation for a deposit could end up costing the Federal Government $92,000 per person in additional future pension costs, a new report warns. Consulting firm Rice Warner says that letting a 35-year-old take $100,000 out of their super could result ...

Read More »

Warning bulls missed signs in great US growth hope

The Australian sharemarket pared early gains but finished in the black as bargain hunters moved in on the major banks and commodity prices supported miners. The S&P/ASX 200 index climbed to a 0.5 per cent gain but dropped back to close up 13.8 points, or 0.24 per cent, at 5799.6 on volume 18 per cent below average as the index ...

Read More »

Peak farm bodies welcome election result

Pastoralists and Graziers Association president Tony Seabrook.Picture: Countryman The State’s peak farm lobby groups have both welcomed Labor’s win. WAFarmers president Tony York said WA Labor had performed reasonably well against the WAFarmers State Election Policy Platform which was demonstrated in the WAFarmers scorecard, released last week. Mr York said Labor must now deliver on its promises to make the ...

Read More »

Medical check-up: This week’s health news round-up

Your weekly round-up of news affecting your health… TOO MUCH SCREEN TIME INCREASES KIDS’ RISK OF DIABETES Three or more hours of screen time each day has been linked to several risk factors associated with the development of diabetes in children. These include body fat and insulin resistance. Researchers at St George’s University of London assessed a sample of nearly ...

Read More »