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This study aims to stimulate thought, debate and action for change on this question of more vigorous philanthropic funding of Australian health and medical research (HMR). It sharpens the argument with some facts and ideas about HMR funding from overseas sources. It also reports informed opinions from those working, giving and innovating in this area. It pinpoints the range of attitudes to HMR giving, both positive and negative. The study includes some aspects of Government funding as part of the equation, viewing Government as major HMR givers, with particular ability to partner, leverage and create incentives. Stimulating new philanthropy takes active outreach. The opportunity to build more dialogue between the HMR industry and the wider community is timely given the ‘licence to practice’ issues and questioned trust that applies currently somewhat both to science and to the charitable sector. This interest in improving HMR philanthropy also coincides with the launch last year by the Federal Government of Nonprofit Australia Limited (NAL), a group currently assessing infrastructure improvements to the charitable sector. History suggests no one will create this change if Research Australia does not. However, interest in change exists in various quarters. For Research Australia to successfully change the culture of Australian HMR giving, the process will drive the outcomes. Obviously stakeholder buy-in and partners will be needed and the ultimate blueprint for greater philanthropic HMR funding here will not be this document. Instead it will be the one that wears the handprint and ‘mindprint’ of the many architects and implementers interested in promoting HMR philanthropy, from philanthropists to nonprofit peaks to government policy arms. As the African proverb says, ‘If you want to go fast, go alone; but if you want to go far, go with others’.

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By December 2010 total superannuation assets had reached $1.3 trillion, covering 94% of all Australians. This substantial growth was not a natural evolution. Rather it can be directly traced to three decades of bipartisan reform strategies based on a claimed public interest ideology. This article investigates the concerns raised by Superannuation Select Committees, consumer and union organisations, independent researchers and actuarial experts that, in contrast to the public interest rhetoric, the regulatory reforms have primarily achieved major private interest gains for powerful lobbyists. The findings of this analysis indicate that the democratic power of Australian governments to set economic policy agendas has been progressively eclipsed by the power of the financial services industry's producer groups. Rather than producing a best practice governance structure, fund members remain trapped in a post-reform cost paradox: no right of exit regardless of the deepening cost burden imposed. In an industry set to control a projected nominal figure of $6.7 trillion in superannuation assets by 2035, these findings suggest that the real change necessary to improve the deepening cost burden faced by fund members within a life-long, mandatory superannuation investment is now beyond any government's reach.

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This operetta /morality play is set in a court room in the town of Puddle on the Piddle. The court is presided over by Judge Jan whose main role is to "adjudicate" between the prisoners (Homo economicus) and the victims, the wild life of Australia. After evidence has been presented the audience acts as Jury and votes guilty or not guilty by secret ballot. The Puddle Police play an important role in accompanying the prisoners into court.

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The paper outlines the process of organising research student participants and creating a public musical performance at QUT. The theme of the Operetta/Morality play is the clash between economic values of humans necessitating growth and the basic needs of the other life on planet earth. The one act play is set in a court room presided over by a judge who adjudicates the court proceedings.Homo economicus is in the dock and victims(various animals and birds) raise their grievances.

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California has a large and diverse marine recreational fishery. Anglers on commercial passenger-carrying fishing vessels (CPFV's) harvest a substantial proportion of California's marine recreational fisheries landings, accounting for about 40 percent and 16 percent of the total 1986 marine recreational catch in southern and northern California, respectively (NMFS, 1987). In 1986, 459,369 CPFV anglers landed some 2,835,021 fish in southern California, while 200,925 CPFV anglers landed 1,240, 100 fish in central and northern California.

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A 30-day experiment was conducted to determine the effects of varying feeding rates on the growth of fry of silver dollar, Metynnis schreitmulleri (Ahl). Silver dollar fry with an average initial body weight of 1.100 ± 0.029 g were collected from a local fish breeder and fed a diet (35% protein and 6% fat) at the rate of 3, 6 and 9% of body weight per day in two equal meals. Per cent weight gain increased from 54.54 to 118.18 with increased feeding rates, which were significantly different (p<0.05) from each other. The highest specific growth rate was obtained in the fry fed at 9% body weight per day. In another study for 30 days, the effects of feeding frequency on growth, feed conversion and protein efficiency of silver dollar fry were evaluated. Groups of silver dollar fry with an initial individual weight of 0.700 ± 0.019 g were offered feed continuously for 24 hours during the day or night at different time intervals with varying meal sizes. The night time feeding with two meals gave the lowest weight and length gains (0.985 g and 0.30 cm). The growth rates of fish fed during day with three equal-sized meals are significantly (p<0.05) higher (4.66%) than the other treatments.

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Crocodiles have a long breeding life, which ranges from 25-30 years. There are 27 species and subspecies of crocodiles throughout the world, 18 of which are in danger of extinction, the rest being threatened with declining population due to overhunting and habitat destruction. Two known crocodile species exist in the Philippines: Crocodylus mindorensis (freshwater crocodile) and C. porosus (saltwater crocodile). Killing adult crocodiles, as is being done now, drastically reduces the potential population. Moreover, toxic wastes from mines, destruction of marshes and riverine habitats, and the conversion of their natural habitats for fishponds additionally threaten their populations. Estimates indicate that there are only about 100 Philippine crocodiles in the wild now. The Crocodile Farming Institute (CFI) was established in Palawan, in 1987, in order to save the crocodiles from extinction in the Philippines. It is now one of the components of the Palawan Wildlife and Conservation Center, and aims to conserve the 2 endangered species in the Philippines and also to develop and introduce a suitable crocodile farming technology that will help uplift the socio-economic well-being of the Filipino people. CFI believes in the potential of commercial utilization of crocodiles as a dollar-generating industry for the Philippines. It is a very profitable business and could be a multi-million dollar industry. A brief outline is given of the economic and marketing potentials of farming crocodiles in the Philippines.

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This paper looks into economic insights offerred by considerations of two important financial markets in Vietnam, gold and USD. In general, the paper focuses on time series properties, mainly returns at different frequencies, and test the weak-form efficient market hypothesis. All the test rejects the efficiency of both gold and foreign exchange markets. All time series exhibit strong serial correlations. ARMA-GARCH specifications appear to have performed well with different time series. In all cases the changing volatility phenomenon is strongly supported through empirical data. An additional test is performed on the daily USD return to try to capture the impacts of Asian financial crisis and daily price limits applicable. No substantial impacts of the Asian crisis and the central bank-devised limits are found to influence the risk level of daily USD return.

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In this paper, we employ a unique dataset of actual US dollar (USD) forward positions against a number of currencies taken by so-called Commodity Trading Advisors (CTAs). We investigate to what extent these positions exhibit a pattern of USD carry trading or other patterns of currency trading over the recent period of the ultra-loose US monetary policy. Our analysis indeed shows that USD positions against emerging market currencies are characterised by a pattern of carry trading. That is, the USD, as the lower yielding currency, is associated with short positions. The payoff distributions of these positions, moreover, are found to have positive Sharpe ratios, negative skewness and high kurtosis. On the other hand, we find that USD positions against other advanced country currencies have a pattern completely opposite to carry trading which is in line with uncovered interest parity trading; that is, the lower (higher) yielding currency is associated with long (short) positions.

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