Extraordinary election results could delay and soften Brexit

Extraordinary election results could delay and soften Brexit

Prime Minister Theresa May called a snap U.K. general election in the hope of strengthening her hand in negotiations to take Britain out of the European Union. But that gamble has backfired: Rather than handing May a landslide victory, the election wiped out her parliamentary majority after a surge in support for the opposition Labour Party. May has ignored calls to resign, and will try to form a government with the support of a smaller party. So what does that mean for Brexit, the single issue that could determine the…

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Why superannuation fees are sky high

Why superannuation fees are sky high

Updated June 10, 2017 00:07:57 Australians have $2 trillion sitting in superannuation, which has attracted fund managers like bees round a honey pot — and they are raking it in big time. Key points: Superannuation fees totalled $230b in the last decade Fees are rising because they are calculated as a percentage of the total money in the fund Therefore, the more money there is in a super fund (which is ever increasing), the more everybody pays “That’s being paid by Mum and Dad taxpayers, voters you see walking around…

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Australian filmmaker charged with spying in Cambodia

Australian filmmaker charged with spying in Cambodia

Updated June 09, 2017 23:29:56 An Australian filmmaker has been charged with spying in Cambodia, after he was photographed flying a drone over a political rally. If convicted, James Ricketson could face up to 10 years in jail. Court spokesman Ly Sophanna confirmed the charge of “receiving or collecting information, processes, objects, documents, computerised data or files, with a view to supplying them to a foreign state or its agents, which are liable to prejudice the national defence”. The official did not give details about the nature of the allegation….

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Hobart wears red as lasers cut the sky

Hobart wears red as lasers cut the sky

Updated June 09, 2017 20:58:40 Video: Dark Mofo lasers cut Hobart’s night (ABC News) Keep your mind open and your senses keen. That’s the message from the organisers of this year’s Dark Mofo festival in Hobart. The creative director Leigh Carmichael said the festival aims to allow people to experience a full spectrum of human emotion. Part of the sensory overload is the festival’s headline event, a light installation designed by UK artist Chris Levine. Three towers shoot super-powered lasers 10 kilometres into the night sky. Photo: UK artist Chris…

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