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Showing posts from August 4, 2017

Should organs only be donated to organ donors?

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In South Africa, there's a critical shortage of organ and tissue donors. Keeping that in mind, I saw a poll on Wednesday that really got me thinking. It's a tough one, but it is also a very fair question - Should organs only be donated to organ donors? Pexels Just some background first. The process to become an organ donor is straightforward. You register, you receive a small organ donor card to fill in that you carry with you at all times, and you also get a sticker to put on your ID document and on your driver's license. You then let your family know that you want to donate your organs and ask them to honour your wish when you're gone. There are no costs involved for the donor or his/her family, and one person can save seven other lives. How amazing, right? Having a medical condition doesn't necessarily prevent a person from becoming an organ or tissue donor, but remember it's a choice. For privacy and legislative reasons, donors and recipients are ne...

Six Things We Need To Know About Amazon Shopping In Australia [Updated]

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It is now certain that Amazon will be setting up operations in Australia. Yesterday, the shopping giant announced plans to open a 24,000 square metre fulfilment centre in Melbourne. By this time next year, Amazon expects to be fully operational. But there's still much we don't know. Here are six burning questions that Amazon needs to answer. We’ve already discussed the potential market impacts of Amazon’s arrival and how retailers have failed to prepare for the rising tide of online shopping. The Australian rollout is now inevitable, but the logistics of the operation remain shrouded in mystery. Will Amazon pay GST? Will access to the US store be blocked? And how will its delivery system work over here? Let's take a look at these questions, and more. #1 Will Amazon’s prices be cheaper because they’ll bypass paying GST? Once Amazon starts trading in Australia they’ll be collecting GST and sending it to the ATO just like any other business. The ATO is very clear ...

This is how drug syndicates used Commonwealth ATMs to launder cash

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If you used a Commonwealth Bank ATM in Sydney’s inner-east around two years ago, you may have unwittingly witnessed the bagmen for a $22 million money laundering syndicate at work. Court documents reveal details about members of one of the syndicates named by financial intelligence regulatory agency Austrac in a money laundering case targeting compliance at Australia’s biggest bank, CommBank. Photo: Anoeke De Groot/AFP/Getty Images The syndicate brazenly deposited tens of thousands of dollars into bank accounts in fake names at ATMs in Sydney’s Paddington and Surry Hills. Shortly after one of the men in the syndicate deposited the cash, carefully making sure the amounts totalled less than $10,000, into several different bank accounts using different bank cards each time, another man transferred the cash from the CBA accounts to bank accounts in Hong Kong. The men may not have been noticed by others at the bank – or, indeed, by CommBank – but they were being watched, noneth...