Tuesday, May 25, 2010

Bicycles on Sydney's Roads

Below is a short video relating to our post "Sydney's hatred for bikes". We interviewed a couple of people about their opinion of bikes on Sydney's roads.

Wednesday, May 5, 2010

Sick of the Traffic? Jump on a Gondola

AN armada of small private ferries may soon be criss-crossing Sydney Harbour after the NSW government said it was willing to license more vessels to help serve small communities along the Parramatta River.

Community groups are anxious to see an expansion in the number of small ferries, running directly between harbourside suburbs and the city, saying they could ease traffic in the inner suburbs and unclog the streets around major ferry stops.

The president of the lobby group Ferry Alliance for the Inner West Region, Mike Perry, said without small operators, carrying a maximum of 30 passengers, many commuters would drive to major wharves in crowded suburbs, such as Balmain, Woolwich and Abbotsford, to catch Sydney Ferry vessels.

This will hopefully be a welcome change to Sydney's Traffic congestion, but will people start using more public transport and drive less?

Tuesday, May 4, 2010

Reserve Bank hikes interest rates

The Reserve Bank has again slugged the nation's borrowers, raising its key interest rate today for the third month running as it moves to keep inflation in check.

The central bank lifted its cash rate by a quarter of a percentage point to 4.5 per cent, its highest level since the end of 2008.

For mortgage holders on variable lending rates, the increase will add about $46 to the average monthly payment for a typical 25-year, $300,000 home loan, if it is passed on in full by the commercial banks.

Excellent decision RBA, I congratulate you for the fortitude you have shown. Time for people to wakeup and start saving instead of spending on borrowed cash and time.

However, while the RBA lifts the rate .25, how much will the out of control banks slug us? They are law unto themselves.

Sydney's Population to Top 6m in 2036

A government report, compiled by the NSW Planning Department, forecasts the city's population will rise to 6 million by 2036, resulting in a 40 per cent gain from 4.3 million in 2006, a government report shows.

The state's overall population will increase by a third, to 9.1 million, according to the report, which is based on data from the 2006 census.

About 40 per cent of the overall rise will be driven by net migration, said the NSW State and Regional Population Projections 2006-2036 report released today.

"These population projections allow all levels of government to know and plan for the challenges facing us over the next 25 years - be it to reverse decline in some rural areas or meet the needs of a booming population in high-growth areas," NSW Minister for Planning Tony Kelly said in a statement.

Federal Treasury recently forecast the nation's overall population to balloon to almost 36 million by 2050, from about 22 million today.

Is this a positive or negative thing for Sydney? While boosting the economy and the state, Sydney will benefit greatly from this large expected population surge. But what will this mean for people living in Sydney? Longer rush hours in traffic, public transport congestion, expansion and construction, etc. Early planning seems a good idea in order to expand Sydney efficiently.

Monday, May 3, 2010

Sydney Man In Court Over False Medical Advice

A 27 year old Cecil Hills, Sydney man will appear at Sydney's Downing Centre local court on June the 11th charged with "...16 counts of publishing a false statement with the intent to obtain money, knowing that the statement was false." Police said today. The man allegedly provided false medical advice and treatments on a varity of illnesses online.

It just goes to show, you can't believe everything you read online. Infact, can you really trust that this story happened? I'm sure you could varify it on wikipedia.

Rats Ate My Homework

Nepalese University students were told that rats had eaten their unmarked exam papers which were being kept at their local police station for security, but were inadvertently placed in a store room infested with rats, a police official said.

"The exams were two and half months ago. We kept the answer papers in a secure room. But a few days ago we discovered that some of them had been eaten by rats," said police inspector Ram Prakash Chaudhary. "We told the university officials about the problem straight away. But they only came to pick up the papers today, after the news came out."

The Rising Nepal newspaper said the papers had been stored in an old building with a leaking water pipe, and accused Tribhuvan - the country's oldest and biggest university - of "utter negligence".

A suprising result for the Students of Tribhuvan who found their exams enjoyed by rats rather than markers. A reminder to Macquarie University too reinforce its exam security and not leave essays for two and half months in a rat infested room.

Sunday, May 2, 2010

Unpopular PM Kevin Rudd

PRIME Minister Kevin Rudd's personal approval rating has fallen below 50 per cent for the first time since being elected in November 2007, hitting an all-time low. In light of his backflip over an ETS and a series of policy failures such as home insulation, Mr Rudd's disapproval rating has doubled to 42 per cent.

According to the latest weekly Essential Research (ER) poll, Mr Rudd's approval has fallen from 71 per cent a year ago to 46 per cent. Labor's two-party-preferred lead over the Coalition has also fallen from 59/41 six months ago to 53/47.

It is clear that Rudd is now in a position where everything he promises or proposes is doubted or not trusted. The poorly-handled decision to pause on the battle to introduce an ETS has seriously devalued Rudd’s policy credibility and his standing as prime minister.There is no doubt Rudd's backflips – most the importantly the delay on the emissions trading scheme to 2013 at least - are the reason for his sudden decline in popularity and Labor's corresponding fall.

Rudd's fall from grace will be temporary and it is now that Abbott must act.