Senior ~ MATTERS ~ Senior
National ~ MATTERS Senior;
Australia..."the land of milk and honey"....as they 'used' to say, but not so much these days!
Baby Boomers are the largest, most diverse segment of the total [senior] market.
While their parents often took and held jobs for life, baby boomers are less inclined to do so.
Baby boomers are both widely known and regarded as the 'Me' Generation.
Many baby boomers grew up with television as a constant companion, teacher, baby-sitter, and friend.
Many baby boomers are idealists who see their mission as "changing the world." They are highly concerned with social issues and causes.
Baby boomers married later, divorced more often, had children later, and often have families that live together only part of the time.
A marketer targeting a message to the baby boomer segment should bridge images of rich past, positive images of today, and visions of what can be, without alienating other market segments or promoting an exclusionary message along the way.
Source; www.second50years.com
Population projections show that by 2019, around 18% of Australia's population is likely to be aged 65 years and over, compared with the current level of around 12%. The primary cause of numerical ageing is declining mortality, due to people living longer.
The Australian government has launched a 'National Strategy for an Ageing Australia'.
The Strategy sets out a national framework from which to respond to the challenges and opportunities of an older Australia.
Seniors groups look forward to the Government's translation of the National Strategy into practical policies and programs for seniors.
Using action plans, the National strategy will guide attempts to address several key issues arising from an ageing population.
They include:
· The decline of younger workers and increased global competition.
· The need for adequate and sustainable sources of retirement income.
· Positive individual and community attitudes to ageing.
· The need for age friendly infrastructure and community support.
· Healthy aging so that people remain healthy and independant for as long as possible and
· Demand for accessable, appropriate and high quality aged care services.
While their parents often took and held jobs for life, baby boomers are less inclined to do so.
Baby boomers are both widely known and regarded as the 'Me' Generation.
Many baby boomers grew up with television as a constant companion, teacher, baby-sitter, and friend.
Many baby boomers are idealists who see their mission as "changing the world." They are highly concerned with social issues and causes.
Baby boomers married later, divorced more often, had children later, and often have families that live together only part of the time.
A marketer targeting a message to the baby boomer segment should bridge images of rich past, positive images of today, and visions of what can be, without alienating other market segments or promoting an exclusionary message along the way.
The Strategy sets out a national framework from which to respond to the challenges and opportunities of an older Australia.
· The decline of younger workers and increased global competition. |
OBITUARY***** .........a tragedy!
We mourn the passing of a beloved old friend, who has been with us for many years. To read about our dear departed friend........Click here!
R.I.P
Contents.........................scroll down to view!
AGEING and GENERAL
ELDER ABUSE and CONCERNS
FINANCE
HEALTH
LEGAL "Jargon"
RETIREMENT VILLAGES
SUPERANNUATION matters
Ageing and General
AustralianUnity Wellbeing Index
The western world-view is dominated by notions of progress. Progress is about making life better. That is, improving quality of life and wellbeing. Indicators are crucial to such progress because we cannot know, as a society, whether quality of life is improving unless we can monitor and measure how it is changing. Policies, for example, are judged on how they affect relevant indicators.
Quality of life is subjective as well as objective,
Interestingly, however, these two kinds of measurement are normally poorly related.
So we need both. There are a plethora of objective measures that relate to quality of life and wellbeing. There is, however, a lack of subjective measures that are rigorous, comprehensive and systematic.
The AustralianUnity Wellbeing Index is designed to fill this niche. It has the aim of promoting greater public and political awareness of the social factors underpinning wellbeing, as well as enhancing scientific understanding of subjective wellbeing.
To read more…..
Source: http://www.deakin.edu.au/research/acqol/index_wellbeing/index.htm
A REPORT on CITY and COUNTRY LIVING.
This report by Prof Bob Cummins indicates that the highest level of personal wellbeing is achieved by country people.CITY People have a "diminished" sense of safety and community connection.
This research can be viewed on .....Click here!
Australasian Centre of Ageing…..About us
Background
The Australasian Centre on Ageing (ACA) was established in 2001 at the University of Queensland (UQ) with the support of the Seniors' Interests Branch in Queensland's Department of Families, the Vice-Chancellor's Strategic funds, and the Faculties of Social and Behavioural Sciences and Health Sciences. The Centre integrates and focuses research expertise in human ageing from across the university and links it with government and community priorities, to form a world class international centre of research excellence.
Mission
The mission of the ACA is to increase understanding and knowledge about ageing, improve the practice of gerontology, and influence public policy at both the state and national level. A key goal is to integrate medical, biological, social and epidemiological information to address the challenges of ageing and make a difference to the lives of older people.
Community Empowerment & Coalition
A CALL FOR ACTION!
Associations are formed by groups of people in order to support and promote their common interests. Their activities are focussed on their own needs and, whatever goes on within other organisations is generally of little consequence to their own groups.For instance, there are a number of groups representing senior citizens of the nation, all of them busily pursuing and achieving their own goals. It is a very successful system that has been tested over a long period of time and has proven its worth.
This article is of 6 pages in pdf format...........Click here!
Many thanks to the contributors!
MATURE AGE WORKERS: From Redundancy to Resurrection.
By Prof Leon Earle.......on 5th MayTo read more and attend this Conference.......Click here!
Giving Voice to Seniors.......The Aftermath of John Howard!!!!
People are not merely voters or consumers, customers or clients...People are citizens.Seniors require their rights to be respected and increasingly they demand a greater say in shaping their lives.
To read more of this excellent article......Click here!
The Senior "Stereotype"
Ageism, like racism and sexism creates its own self prophecies and promotes life-styles that damage individual potential.It's a cumulative process; the older people get, the more inferior they are assumed to become, and the more difficult it is for them to swim against the social tides that can so easily swamp them.
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To read this article of 140 kb's (PDF)..........Click here!
Pension qualifying age.
To qualify for Age Pension men must be aged 65 years or over.For women, consult the table below.
Over the next 20 years, the Age Pension age for women will gradually increase to 65 years, The following table gives the age at which women will become eligible for Age Pension.
|
The age you qualify:60 60.5 61 61.5 62 62.5 63 63.5 64 64.5 65 |
Rate;
The maximum rate of Age Pension is $476.30 per fortnight for a single, or $397.70 for each member of a couple. (As at July 2005)
CONCESSIONS for PENSIONERS and SELF FUNDED RETIREES.
To read Concessions available to our senior community.....Click here!
Wishing to retire early?
Here are 4 procedures for consideration.1. Save enough money apart from superannuation to generate sufficient income in the early years of your retirement. If you can get your super at 55 years but you want to retire at 50, aim to save enough in non super investments to support your lifestyle for five years. If you can't get your super until your 60, save enough to last 10 years.
2. Save enough in super to support yourself in the later years of your retirement. You pay less tax on superannuation than other investments, making it easier to accumulate capital.
3. Use new rules that let you work part-time once you reach retirement age but also allow you to tap into your super. This will at least let you phase out of work earlier than otherwise, even if it is not the 'sea change' you once planned.
4. Plan a budget. Calculate how much annual income you will need in retirement. Be realistic but remember you may not need to match pre-retirement income. You may have paid off debts and no longer have dependants.
Super availability at age….
DATE OF BIRTH.......................AGE
Before July 1, 1960.......................55
July 1, 1960 – June 30, 1961........56
July 1, 1961 - June 30, 1963........57
July 1, 1962 – June 30, 1963........58
July 1, 1963 – June 30, 1964........59
After June 30, 1964.......................60
Source; AFR.com
Elder Abuse and Concerns
Seniors and Perception of Crime.
Introduction:Everyone must face the realities of ageing. Situations vary as do the ways people deal with growing older. Regardless of the circumstances however, older people say they worry about crime, and many (the majority) fear becoming victims of crime.
As a group, older people can be a powerful and active force, as individuals they often can be vulnerable and may need help.
There are a further 6 pages of information. A PDF file reader is required!
In order to read the PDF file, you must have Adobe Acrobat Reader which can be downloaded for free at:
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To view more information on this concerning subject.....Click here!
Finance;
Are you interested?
Over the last few months the Reserve Bank of Australia has made history, by raising the official cash rate to its highest point in a decade. And while media focussed attention on stories of how the rise would effect struggling home owners and credit card holders, this is only half the story. For pensioners and retirees, a rate increase can be heaven sent.To read the complete article: ......Click here!
DERIVATIVES...FUTURES = Gambling????
Plus....LTCM.....[Long Term Capital Management]
The read these pages..........Click here!
Fringe lending sector needs better regulation: ASIC
The Australian Securities and Investments Commission (ASIC) has uncovered a number of cases where borrowers are losing more than a quarter of the equity in their home in less than a year by refinancing with fringe lenders.ASIC has released a report into the fringe lending sector, where brokers may offer borrowers in financial stress, loans they cannot afford. The report found some fringe brokers offered refinancing packages which had higher repayments than those the borrowers were already failing to meet.
The Commission's Delia Rickard says little is known about the sector and there is a need for better regulation.
"We hope that consumers will ask the hard questions at the time they get into financial trouble, if they can fix it with their current lender," she said.
"Otherwise really look at whether or not refinancing is their best option, making sure that they don't end up with bigger repayments than they currently have."
Source: http://au.biz.yahoo.com
ASIC "briefly"
This is in PDF format.......of three pages.To read this document.....Click here!
BANKING CONCERNS of Older People........see below in APSL section.
$500 million lost in Australia........NOW OVER $1 BILLION!!
Over the past several years, more than 30,000 seniors and investors in Australia have lost close to $2 Billion, which is either part or all of their life savings to financial scams.
This document is UPDATED (135Kbs) and a PDF reader is required....available free (further down the page)
To read this article........Click here!
This document is UPDATED (135Kbs) and a PDF reader is required....available free (further down the page)
To read this article........Click here!
Section 708.......and 12% Interest on your money!
This document is 15 pages and in PDF format....."handy to know".......if you can follow it!To read this article.......Click here!
"It's a hard job to lose that much money - you'd have to put in some serious overtime to do so."
A market analyst comments on the ability of National Australia Bank to lose just under $400 million in rogue currency trades.
Objectives and Principles of Securities Regulation
This document sets out 30 principles of securities regulation, which are based upon three objectives of securities regulation.If you have experienced a financial loss due to company failure.......this might be of interest?
To read this article..........Click here!
Losses in Mortgage and Investment Scandals escalate in seven states.
Where are the missing statistics?
Missing StatisticsFor over a decade Australian retirees have been lured into "safe and secure" first mortgage investments only to lose within 12 months, their nest egg and income. Many of those consumers now find themselves pensioners instead of self-funded.
The major players are linked in cartel like businesses to shonky lawyers and members of the accounting and banking sector who are behaving in gangster like fashion.
To read the 7 pages (PDF) by Denise Brailey, RECA.......... Click here!
Investing in managed investment schemes
Are you thinking about investing in property or share trusts or a cash management trust?
There are a few things you should know about these types of investments before you put your money into them. These schemes are called "managed investment schemes" but you will also hear them described as "pooled investments" or "collective investments".
To read this information from ASIC....Click here!
PONZI [FRAUD] Legacy Lives on!
Carlo “Charles” Ponzi stole $15 million in 8 months from 55,000 investors, including members of the Boston Police Force. Ponzi ran scams for 20 years using fake mortgage documents……his evil legacy lives on.Today; whatever the jargon or complexity of the security on offer, billions of dollars have once again disappeared.
Promissory Notes, Unsecured notes, Mezzanine Mortgage Funds, Secured Term Investments, Capital Guaranteed Funds, Unit Trusts, Information Memorandums are all used as Ponzi“gimmicks”.
Pre-retirement and retiree groups were targeted.
In Western Australia (alone) the result to date is 23 arrests, more than 500 charges of fraud laid against brokers, valuers and solicitors.¹
Registered Mortgages;
The LVR (66%) Loan/Value ratio was an arrangement dating back to the original discussions between ASIC and all State Law Societies to take charge of their own regulation.
The Insurance Companies (if you're lucky enough to be insured) would only insure against mortgage lending if no greater than 66% of LRV due to the risk of over inflated valuations.
Discharge of Responsibilities;
Many properties have been 'overvalued' by licensed valuers 'colluding' with the promoters.
“ASIC is also seeking compensation of $93 million from the defendants, being the reduction in the value of One Tel over a period of approximately eight weeks.
During this time One Tel continued to trade because of the alleged failure of the defendants to properly discharge their responsibilities”.²
Rules of Practice Page 27 Part 5
Investing with 'safety' ?
There are various types of managed investment schemes under the Corporations Law, namely,
A scheme must be registered if it has more than 20 members, is promoted by a person who is in the business of promoting managed investment schemes or is subject to an ASIC requirement that it be registered.
ASIC may exempt schemes that may otherwise be required to be registered. ASIC has exercised its power both by class order and on a case-by-case basis.
These schemes are those that do not require registration because there are fewer than 20 members, or all interests in the schemes that have been issued are excluded from the fundraising requirements."
.............There are a further 8 pages of information. A PDF file reader is required!
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To read this article of 150 kb's (PDF)..........Click here!
Richard Cockburn (ASIC Dir. of Corporate Finance) says;
Fund Mangers; (POOLED FUNDS) (Mortgage based Investments) Debentures, unsecured notes and other interest-bearing investments are provided by companies and Fund Managers.
To read this article.........Click here!,
Reverse Mortgages
RETIRED workers are being forced to borrow against the value of their homes to cover the higher cost of living in Australia.A study by auditing firm Deloitte found that the value and number of reverse mortgages taken out in Australia had doubled over the past two years.
There are now 33,700 reverse mortgages in Australia totalling more than $2 billion in value - a rise of 34 per cent in the past year.
Deloitte partner James Hickey said that during the past year $466 million was borrowed - the majority in a lump sum, rather than an income stream.
The credit crunch has not spared the specific sector of the mortgage market, as the value of the new loans last year was down 10 per cent.
The momentum was built up in the first half of last year, before the credit crisis, as $271 million worth of new business was written - well up on the $195 million total written in the second year.
The rates on reverse mortgages are as much as 1 per cent higher than normal lending rates, and have been forecast to move higher as banks shift rates to cover funding costs.
Reverse mortgages are defined by ASIC as loans that allow cash to be borrowed against a property but on which no repayments are made until the borrower sells the property or dies. The interest and loan fees are compounded into the loan balance.
The Deloitte study found the average age of a new borrower was 72 and most loans taken out over homes were covered by a variable rate mortgage.
The number of loans is highest in NSW and people aged under 70 are taking out 40 per cent of the new loans each year.
Kieren Dell, executive director of the Senior Australians Equity Release Association of Lenders (SEQUAL), said older Australians now out of the workforce were facing cost of living restraints across the board.
"I think it's more to do with the crunch on retirees' lifestyles - we are in a high-inflation environment,'' Mr Dell said.
The average reverse mortgage loan amount has stayed relatively stable over the past two years at $60,000. However, the size of the total reverse mortgage market has grown from $848 million in 2005 to $2.02 billion last year.
The number of loans has more than doubled as well, from 16,584 to 33,741. Mr Dell said the majority of new borrowers were keen to secure additional income of just $300 a month.
Source: http://www.news.com.au/business/money/story/0,25479,23400903-5013952,00.html 190308
SPRUIKERS & THE CORPORATIONS ACT 2001
........"advice with respect to whether spruikers, such as Mr Henry Kaye and his associated companies and other similar operators, were, and are, properly regulated by the Corporations Act 2001, and related legislation". To read this LEGAL definition.......Click here!
Disclosure requirements for Shares and Debentures;
"clearly, concisely and effectively""unsophisticated investors"...."retail clients"
This document will assist with investor confidence in relation to the past failures for indemnification.
To read more (pdf format)....Click here!
Pension or Annuity..........What's for you?
Retirement is something to look forward to for many people, but it can be disconcerting when a regular income stops arriving in your bank account.To help you with your decision....Click here to read more.
Blue Chip Investments and the Regulators.
Many so-called blue chip investments are now seen for what they really are; Basically N.L. companies (no liability for the youngsters) masquerading as solid blue chippers.Securing your future???......View this article from Crikey.com.au....Click here!
MORTGAGE Default & Mortgagee in Possession.
The Defaulting Mortgagor background and approach...and some aspects of the Liability of a Mortgagee in Possession.
Read more......Click here!
The Full story on FRAUD and Rip-offs.
Your financial security is paramount....find out how it can be 'destroyed'.To read more about this "Industry"....Click Here!
INVESTORS advised to wear “Protective” HELMETS.
It has been suggested that Investors wear “protective gear” to assist in the damage caused through accidental, undue care or deliberate cases involving losses of retiree's investments whether it be in mortgage or superannuation type of securities.Graham MacAulay wrote…on behalf of Westpoint Investors Group….and reflects the concerns of all other Investors.
The Abject Failure of ASIC.
Health;
Additional Aged Care Services
To read this article......Click here!
An article from the Supreme Court of California (1855).
"If the defendants were at fault in leaving an uncovered hole in the sidewalk of a public street, the intoxication of the plaintiff cannot excuse such gross negligence. A drunken man is as much entitled to a safe street as a sober one, and much more in need of it."
Alzheimers Disease
..........Clue to old age memory lossScientists have taken a step towards finding out why memory deteriorates with age.
Alzheimer's affects four million people worldwide.
Read more???.....Click here!
CIALIS ......Research results.
To read more....Click here!
DEPRESSION.
also Dysthymia and Diagnostic criteria..
Depression can be prevalent in older age groups...to read more Click here!
Depression Linked to Artery Calcification and Heart Rate Variability"
NEW YORK (Reuters Health) Jun 24 - In women free of known coronary artery disease, depression is associated with coronary and aortic calcification, and decreased heart rate variability, according to the results of two studies published in the June 13th issue of the Archives of Internal Medicine.
Depression is recognized as a risk factor for coronary artery disease (CAD), co-author Dr. Karen A. Matthews and her associates at the University of Pittsburgh note in the first report, but its relationship with subclinical atherosclerosis is unclear. The researchers evaluated 210 women ages 42 to 52 years with no history of clinical heart disease or diabetes.
Source; Medscape.com
Eye Care....."Don't look away"
Most optometrists will bulk bill Medicare for standard eye tests.If you go to an optometrist for an eye test you might not be charged any out-of-pocket expences - it can be billed directly under Medicare.
All you have to do is sign the completed bulk bill form at the end of your visit.
If you need glasses or contact lenses, these are not covered by Medicare benefits; however, they might be covered by your private health insurance.
Source; "Your Health Matters". (Au Gov.)
Glycaemic Index? An overview
The Glycaemic Index (GI) is a method of assessing and classifying the blood glucose response to carbohydrate foods. It means we now know how carbohydrates are digested and absorbed in the body and how they actually affect blood glucose levels. Carbohydrates that arc slowly digested and absorbed have a low GI. They produce a slow and steady rise in blood glucose levels, followed by a gradual decline - as such they can help control your blood glucose levels.Another benefit is that low GI foods are very satisfying and filling foods this is particularly helpful for weight management. Carbohydrates that break down more quickly have a high GI.
They cause glucose to enter the blood more rapidly. High GI foods have a part to play in treating a hypo episode, otherwise it is best to include low GI foods in your daily eating plan.
What docs it all mean? The GI adds flexibility to what we already know about healthy eating for diabetes (i.e. to follow a high carbohydrate, high fibre, and low fat diet.)
Tips for using GI include:
Incorporating low GI can be easy. All carbohydrates can be included in your diet - but low GI foods will have a slow effect on your blood glucose levels and should be eaten less often.
Follow the guide below.
Low GI food: Slow acting = Eat most
Intermediate GI food: Moderate acting = Eat moderately
High GI food: Fast acting = Eat least
Ask your diabetes nutritionist for a GI food table list
Adapted from Darling Downs Health Unit (Tara 60 and Better, December 2000) by APSL, Qld.
HEART RISK - AMD connection.
To read this new found connection......Click here!
Heart Attack!
Should you be so unlucky..............This PPS (Power Point) presentation is a suggested method to combat an 'attack' whilst not in company.
To read this.......Click here!
Joint Lubrication.
According to the Merck's Manual for Doctors, every human body contains an oil reservoir next to every joint, called bursa.
When the bursa lacks synovial fluid (lubricant), the nearby joint becomes arthritic.
You need to take genuine cod liver oil and essential fatty acids. (Omega 3, 6, and 9).
The best source for Omega 9 is olive oil.
The best sources for 3 and 6 are flax oil and fish oil, respectively. Lard and butter will not lubricate your joints. They will just clog your arteries.
Osteo arthritis is easy to cure, but your doctors and surgeons can earn or charge many $$$$$$ for hip and knee replacements.
Natural Health Therapies
Natural therapy promises to be one of the fastest growing health fields of the early 21st Century. Almost $1 billion is spent each year in Australia on complementary medicine and using the services of natural therapy practitioners. Research conducted both in Australia and in other Western countries has revealed that more than 50 per cent of the population now use either natural remedies or the professional services of natural therapists at least once a year.With the increasing global trend towards the provision of a more integrated and interdisciplinary approach to health care, there is a growing need to develop broad based health awards which combine a high standard of practitioner training with a solid foundation for understanding the biopsychosocial aspects of health and illness.
The University of New England's Health Science program addresses this need by offering integrated, practitioner-based awards in Health Science with specialisations in Natural Therapies.
Source: School of Health, Univ. of New England.
http://fehps.une.edu.au/f/d/health/programs/natural_therapies/index1.html
SEX after 60....
To read more........Click here!
SEX on Sundays ........and Medicare.
Seniors Card discounts offered at Queensland brothel.......but only on Sundays!
To read more.......Click here!
The Ageing Brain
Professor Perry Bartlett, Director of the newly established Queensland Brain Institute (QBI) and his team are world leaders in brain research and we were lucky enough to hear about their cutting edge findings on the ageing brain.These findings were very well received and elicited many lively and thought provoking questions from the audience.
What was particularly exciting was the dispelling of the notion that the brain is static. Rather, the brain can adapt to change, by constantly developing and growing new cells over the life course. Investigating the mechanisms involved in the development and growth of brain cells has the potential to contribute to healthier ageing through a reduction, or prevention, of cognitive decline.
While Prof Bartlett was cautious with regards to the implications of the findings for human ageing, he did suggest that they demonstrated that the old idiom "use it or lose it" was apt.
Physical and mental activity, as well as an enriched (or stimulating) environment improved the brain functioning of mice and it is reasonable to assume that the same applies to humans.
For more information, www. uq.edu.au/aca 7.05
Viagra and it's properties.
To read about Viagra from an article in UK News (not SPAM on the Internet)
To read more.......Click here!
Yes darling, yes, yes...er, no
Anti-depressants are now being used to treat male sexual problems, but is simply taking a pill going to help?
THE QUESTION has tormented men — and their partners — for generations, and now we have a precise and scientific answer: 7.3 minutes.
Wow man!!!!....To read more..........Click here!
Women and SEX DRIVE!!!!!
"What Older Women Want........Men Can't Deliver".To read this article........Click here!
Legal "Jargon";
This section contains just a few 'legalities' and common terms used by Lawyers.It consists of Champerty, P.I.D. Financial Guarantee, Patent, Copyright, Registered Trade Marks & Designs, Circuit Layouts, Confidential Information, Hypothecation, Financial Enduring Power of Attorney, and Rompala Clauses.
To read all about it!......Click Here!
The Law of TORT.
'Tort', a term in the law of England including all those wrongs, not arising out of contract, for which a remedy by compensation or damages is given in a court of law.Uniform Tort Law………'A fairer system for a fairer result'.
Recommendations for a balanced system that treats everyone equally by Dr John Ball and The Law Society of New South Wales. (Part Document only)
This is a must read item...click here!
SOCIAL & CIVIL DEMOCRACY
......"selling what the people want"
Democracy;
REAL democracy and the democratisation of people can only be achieved if people generally are informed: about where power, and wealth for example, really are.
There is no mileage in highlighting social problems, unless they are then remedied: and that can be achieved only if people are willing, and able to influence their own lives.
And pensioners, because of their numbers alone are a group of people in Australia who are potentially powerful. The time has come when we must realise, and use that power.
To read the full article (pdf)........Click here!
The Human behavior (the topic of law) is about goal seeking.
In the seeking of any goal, there are only three possible methods:(1) force,
(2) fraud and
(3) honest trade.
Any transaction that is not an honest, mutually agreed trade will cause a self-defensive response (conflict) from the victim whose survival has been affected.
Rule of Law" is the glue that keeps all of mankind acting together in common interest, tied together by mutual dependence of trade, on an evolutionary path to excellence. Force and fraud creates conflict and destroys civilizations. Mankind is now on a devolutionary path to extinction because the co-operation once forced by "the rule of law" has been replaced by legitmizing force and fraud for those who incorrectly believe they wield power.
Says; Bill Ross
TRIAL by JURY!
"Dear Fellow Australians,
It's not just Australia where the Right to Trial by Jury is being extirpated/ eliminated/ abolished. In the home of Magna Carta - England - their Parliament and Queen have actually enacted legislation, ie: the Criminal Justice Act 2003, which does the same horrendous wrong against their People. This Act can be found on a Google search and right there, in sections 43, 44, 45 and 46, is the proof of the TREASON.
UNBELIEVABLE - but true!
When the Great Britain Parliament deprived the American Colonies of the Right to Trial by Jury, those Colonialist took up arms and fought a War of Independence to regain their Laws and their Liberties.
WHAT are the British People in Britain going to do to regain their Laws and Liberties?"
Yours sincerely,
John Wilson.
The Parol Evidence Rule;
"An evidentary rule that excludes the use of extrinsic evidence by a court"....The ability to become a "Philadelpia lawyer"....Click here!
Did you know:
All lawyers in NSW must follow the legal Profession Act and Rules, and the Statement of Ethics for solicitors of NSW.
The Solicitor should:
Source: Older People and the Lawyer Handbook (A/G NSW)
"The Price of Liberty is Eternal Vigilance".
Price: "what must be given, done, sacrificed, etc., to obtain a thing".Liberty: "being free from captivity, imprisonment, slavery, or despotic control".
Eternal: "that always (has existed &) will exist".
Vigilance: "watchfulness, alertness, or caution”.
Democracy:
“demos”: people (Greek)
"kratos": rule (Greek).
"The form of government in which the sovereign power is in the hands of the people and
exercised by them directly or indirectly".
Three Arms of Democratic Government:
1. Executive: "me person, group or branch of government that has the duty, and the power of putting the laws into effect".
2. Parliament: "from the French word parlement, meaning a discussion or debate", "a council or congress that is the highest lawmaking body in some countries".
3. Court: "a place where justice is administered", "an official dispute-resolution body presided over by either a magistrate or judge".
Trial by Jury:
Trial: "the act or process of trying or testing".
Jury: "a body of persons sworn to render a verdict on questions submitted to men in court of justice".
Justice: "the protection of rights and the punishment of wrongs".
Thomas Jefferson said:” I believe trial by jury is the only anchor yet imagined by man which can hold a government to the principles of its constitution”.
Sir William Blackstone said in the 23rd Chapter of his "Commentaries on the Laws of England” entitled "Of the Trial by Jury”: “the more it is searched info and understood, the more it is sure to be valued. And this is a species acknowledge most absolutely necessary/or every gentleman in the kingdom: as well because he may be frequently called upon to determine in this capacity the rights of others, his fellow-subjects f as because his own property, his liberty, and his life, depend upon maintaining, in it's legal force, the constitutional trial by jury.".
Lysander Spooner said: "It is not only the right and duty of juries to judge what are the facts, what is the law, and what is the moral intent of the accused; but that a is also their right, and their primary and paramount duty, to judge the justice of the law, and to hold all laws invalid, that are, in their opinion, unjust or oppressive, and all persons guiltless in violating, or resisting the execution of such laws.".
Source: Compiled by John Wilson, PO Box 4520 North Rocks, 2151, Australia. www.rightsandwrong.com.au
Retirement Villages;
Accomodation Bonds.
What is an Accommodation Bond?
An accommodation bond (the bond) is an amount you may be asked to pay when you enter low level (hostel) care or an extra service place. It is like an interest free loan to the aged care home and most of the bond is refunded when you leave. The Australian Government takes no part of the bond. The bonds can only be charged by aged care homes that are certified as meeting minimum building and care standards. You are entitled to know their certification status. Providers may keep, from the bond, up to $254.50 a month for up to five years (called the retention period).To read more.......Click here!
The Retirement Village sector is a microcosm of the clash of the Titans of 20th century socio-economics - free market forces versus protection of the vulnerable.
Moving to a retirement village usually involves significant lifestyle and financial changes. It is worth taking time to consider whether the benefits of a move outweigh the compromises you may have to make, and remember that not all retirement villages are the same.
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To view Retirement Village information...Click here!
New!!!!..............UPDATE.
Consumer Protection Rights for Retirement Village residents.
The Western Australian Government has commenced a new Code of Fair Practiuce for Retirement Villages which replaces the 1998 version.These new rights are designed to alleviated disputes that have arisen previously due to difficult or inadequate information to residents.
"Retirement village residents need to feel not only safe and secure but also involved in how things are done. After all, the retirees village is their home and not simply a business with a sole aim of balancing the books"
Source: Have a Go News Oct 2003
How reverse mortgages work
Reverse mortgages allow older people to borrow money against the security of their primary residence. Repayments don't usually have to be made until you leave and move into care, sell your home or die. When the loan ends and the home is sold, you, or your estate, must repay what's owing out of the sale proceeds.Each year the fees and interest you would ordinarily pay are added to the loan. Over time, you're charged interest on the interest, or compound interest, and that builds up the total amount that you owe.
Here's a basic worked example
Suppose you borrow $100,000 (including fees and charges) at an interest rate of 7.5% per year. Here's what you could owe at the end of various periods.
Time..................................... What you or your estate could owe*
5 years ...................................... $143,600
10 years..................................... $206,100
15 years..................................... $295,900
20 years..................................... $424,800
* rounded to nearest $100, assuming 7.5% interest applies throughout
As you can see, the effect of compound interest is dramatic and your loan could double in less than 10 years. And interest rates may increase during the life of a variable rate loan, so you could end up owing even more.
The impact of this could be reduced if:
Some, but not all, reverse mortgage products guarantee that if this happens, you will not have to repay more than the value of your house when it is sold. There is also a risk that you might lose this protection if, for example, you don't repair and maintain your home to a standard set by the lender.
Source: Fido.com.au
SUPERANNUATION matters
Superannuation for Housing
As Australians battle with rising home loan costs, crippling fuel and food bills, and a sharp fall in equity markets, the Government could ease a lot of pain by allowing homes to be a superannuation fund asset.Such a move would provide Treasurer Wayne Swan with a powerful May Budget sweetener, without exacerbating inflation, and it would take some of the financial stress from hundreds of thousands of Australians who are struggling to make ends meet.
All the Government had to do was allow individuals to use their accumulated super fund balance towards the purchase of owner-occupied housing.
Put simply, Australians with super funds could take a loan from the super fund, which is secured against the home, with interest only repayments into the fund until the house is sold (or no longer used as a principal residence).
When the loan was finished, or house sold, the principal was repaid to the fund from the sale proceeds. Voluntary principal repayments would also be allowed at any time.
And because interest is paid on the loan from the super fund, the fund's balance would continue to grow and would increase from ongoing salary related or voluntary contributions and earnings on these.
Besides easing the burden on repaying home loans, the super portfolio composition would be lower risk, but have less diversification. Right now, most super funds are looking at negative returns because of the massive falls in the sharemarket in past months.A paper released last year by the Melbourne Centre for Financial Studies, titled,
"Housing Would Be A Super Fund Asset"*
......said the benefit of allowing a home to be a super fund asset had two main benefits: first, the Interest rate charged by the super fund could be lower than .that on the mortgage loan because banks were not involved, and the super fund loan would not require principal repayments, thereby reducing the cash outflows required from the individual's salary.It said an even greater benefit would arise from the opportunity to motivate and facilitate increased super savings among younger generations. "Even though super savings are tax-advantaged, younger individuals are unlikely to take full advantage of this opportunity because of (a),the "lock-up" effect arising from inability to access those funds until retirement, and (b), the desire to save for other asset purchases such as housing," the paper said.
Such a move would not aggravate inflation because it would be using super funds to invest in an asset that could be lived in, rather than investing in equities, which were being decimated by volatile global markets.
And it would curb the trend of homeowners draining superannuation nest eggs in record numbers to fend off foreclosures.
*By Professor Kevin Davis, Commonwealth Bank Chair of Finance.
Director, Melbourne Centre of Financial Studies.By ADELE FERGUSON
Sunday Times 160308
