Reserve Bank of Australia

and how many systems would feel the ramifications of Y2K. The backlash from the event could result in a global catastrophe due to machines possessing the ability to communicate with one another. For example, a computer dating-issue taking place in Australia could lead to technological complications in Pakistan, Madagascar, and Brazil in a short matter of time. In an attempt to alleviate the danger of Y2K, the worldwide cost estimate was $300 billion, with $84 billion of that coming from the…

According to the Bureau of Labor Statistics, approximately 2.6 million people in the US earn the hourly wage of $7.25 or under. There have been many changes to the minimum wage throughout the years and the latest bill concerning this is the S. 1832. Better known as the Pay Workers a Living Wage Act was a bill, it would have raised the minimum wage through a period of several years (GovTrack). The bill addressed both increases of minimum wage as well as tips (GovTrack). I will be focusing on the…

country a good candidate for an investment startup with-in the gas market. Current imports come from suppliers in Qatar, Australia, Trinidad and Tobago, and Russia. India has many short term contracts that limit them to the amount of gas they can import and have been looking to expand to other suppliers. Petronet has been exploring possibilities with companies in Algeria, Australia…

amounts of resource wealth and are a developed country. Over 53% of Canada is forested, meaning they are rich in wood and by-products of wood and are much more equipped to produce timber resources than other countries. They have the third largest oil reserves in the world with an estimate of…

dollar funds from Chinese banks to make the acquisition in cash if required. Because SZLN had raised approximately US$90 million equity funds in late 2006 and had accumulated profits in 2006 and 2007, its liabilities–assets ratio had decreased from approximately 70 per cent to 50 per cent over the 2006-2007 period. This financial slack provided the company with a degree of flexibility to take on this opportunity. Nevertheless, the future cash needs of PEM would need to be considered before…

direct ownership or single purpose company (Kannan, 2012). According to Kannan (2012), he explains that REITs is the instrument that issue through the IPO, be also buy from the remisier and shareholder in the secondary market and it was sell by the bank that act as the agents to the issuer. There are so many definitions regarding to REITs but the key word to all the opinion above is the…

different types, which is internal and external. Internal of source of finance is the finance is inside the business. For instead, profits can be kept back to the finance expansion. The external is the finance from outside the business such as creditors or bank.(2014, BBC) When starting new business, the company need money to invest in long-term assets such as equipment and building. The company need money to purchase materials, pat wages, and to pay the bills such as water and electricity.…

Invented by Arthur Lewis (1954), the focus of the Lewis model is the two principal sectors in which the economy operates in the framework of a dual economy. The first is the capitalist (C) sector and subsistence (D) sector that operates within the labour market dualism (Lewis, 1954). Both industries control a different part of the economy, and when combined, it complements each other almost perfectly. The capitalist sector manages reproducible capital and employs labour from the subsistence…

not just seen as a short term economic policy. Although the naked CDS market accounts for over 80% of the CDS market I feel that hedge funds and money managers may be allowed to invest. If the regulator bodies were merged with bank and government I feel that would allow banks to invest in these securities if the firm were to report to a body on a regular basis. I believe we will also have to look out for the BRIC economies in this market as it is estimated for 2012 they will be importing more…

The word 'Holiday' is very favourite to all of us. That means a lot of pleasure and brings happiness to our regular life. We all are very busy in this earth with our daily works. There are many people all around who have even no time to spend a while with their friends and family because of their busyness. Those kinds of situation can bring a lot of stress and unhappiness to their life. To overcome that boring life, people need a long break from the works. Making holidays with friends or family…