In the song, the character Derek (who is featured in the story line of Arthur (Or the Decline and Fall of the British Empire)) attempts to convince his father, Arthur, of the great opportunities available in Australia, where there's "no drug addiction" and you can "surf like they do in the U.S.A." Derek's advertisement is compared to John Smith, who campaigned for America in a similar manner, by author Thomas Kitts.
The song also features a jam sequence lasting for approximately half the song, which is atypical for The Kinks. In the Australian single edit, this section is removed by editing an earlier section of the song into another section during a drum beat, which is then followed by a fade-out.
It has featured in a wide variety of Australian press and online media, including mining forums, and continues to garner attention due to its controversial and provocative message. Music press have hailed the song as one of the great contemporary Australian protest songs. The Melbourne Age went as far as to say that Midnight Oil's 'Blue Sky Mine' has nothing on 'Australia (Whore of the World)'.
The Song has been banned by ABC Local Radio Southern Queensland (Australian Broadcasting Corporation) as being too provocative for a conservative audience. ABC Southern Queensland encompasses the Toowoomba and Darling Downs region which is the region where Gordon hails from originally and where he has performed the song at a number of anti-mining rallies. The song has however received airplay in other parts of Australia from the ABC, and has been showcased on the national flagship ABC Environment website. As of May 2011, Gordon is contesting the Toowoomba ruling with the case currently before the independent ABC Consumer and Audience review board.
If you are an NRI the rates offered on fixed deposits by banks in India may, however still be relatively higher when compared to those on fixed income investments in countries where you currently reside – be it the USA, UK, Australia, Saudi Arabia, or Denmark. NRIs can invest in bank FDs in India either in Indian rupees or foreign currency.
Once again folks are pointing to the potential danger of Australia's low interest rates. This week a poll of so-called "market economists" by ratings agency Fitch had only 12% of respondents in favour of the ReserveBank of Australia's current stance, with 68% saying its monetary policy was too loose - that is, interest rates are too low.
While interest rates are at record lows, the banks are still required to be strict when it comes to approving mortgages ... While interest rates are at record lows, the banks are still required to be strict when it comes to approving mortgages ... PayPal this week also announced it would launch a new rewards credit card in Australia in July.
A ute has Australia's highest customer satisfaction score but it's not a bestselling Toyota HiLux or Ford Ranger... BEYOND BANKAUSTRALIA ... Lesser-known brands also made the top ten for customer satisfaction including BeyondBank Australia (92.2 per cent), the Schnitz takeaway schnitzel franchise (91.2 per cent) and Aussie Broadband (91.3 per cent).
However, heavyweight financials lost 0.8 per cent, with all "Big Four" banks closing in the red. NationalAustraliaBank posted a 3.8 per cent weekly loss, recording its worst week since late October last year, as the lender is under investigation for suspected breaches of anti-money laundering laws.
Intense interest in cryptocurrencies, such as the bitcoin, as well as the Covid-19 pandemic has sparked debate among CentralBanks globally on whether they should issue digital currencies of their own ...The CentralBank of Nigeria (CBN) on Thursday said its digital currency may be launched by the end of 2021.
Asian stocks were steady early on Friday after US shares and treasuries rallied as investors judged that a jump in inflation is likely to be transitory, leaving scope for ongoing central bank support. Japanese shares fluctuated, South Korea rose and Australia slipped ...PremiumYesBank board approves raising funds up to ₹10,000 cr ....
Data published by the Bank of England this week revealed that average mortgage rates for borrowers (who are ...Australia has seen an equally strong rebound in house prices. That country’s ANZ Bank predicts that house prices will rise by as much as 17% this year. .
Scrapping hated stamp duty could be the key to making housing more affordable for young Australians...Share ... The surge in property prices across Australia is so bad the banking regulator this week released new data showing a surge in the proportion of borrowers who owe the bank more than six times what they earn, with interest rates at a record low ... .
“We’re already seeing reports surface that mills in China have a reduced preference for higher-grade ore with steel mill margins down 75-85% from peaks in mid-May,” commodities analyst at CommonwealthBank of AustraliaVivek Dhar told Reuters.