In 1966, Australia switched from pounds to decimal currency. The country’s central bank issued a new range of banknotes with modern safety features - including watermarks, woven metal thread and raised print. But these technologies couldn’t prevent a $900,000 swindle.
The insatiable demand in China for premium foreign-made goods has led to the emergence of a unique retail experience in Australia. A growing number of stores are catering to the so-called daigou trade, where people buy products overseas and ship them to the mainland for resale.
Sundays crash of an Ethiopian Airline MAX 8 plane that killed all passengers and crew member has drawn attention to the safety of the MAX 8. Many countries including UK, Australia, Nigeria, South Africa, China have suspended the operation of the Max 8 pending when civil aviation authorities give it clearance to take flight again.
Boeing’s crisis of confidence continues with a growing number of countries and airline carriers suspending flights of the 737 Max 8 aircraft. The suspensions include the governments of the EU, China, Australia, New Zealand, Singapore, India and Malaysia. But not the U.S. yet.