Why Seek To Raise Equity Rather Than Debt Finance Essay - Free Essay Example

Sample details Pages: 3 Words: 896 Downloads: 3 Date added: 2017/06/26 Category Finance Essay Type Narrative essay Did you like this example? As the Financial Services Minister Chris Bowen said, Australia is the only major Western nation to have avoided a recession in the worldwide slump. Even though Australia had close financial relationships with Asian countries, it seems that Australias economy has not been affected by other crisis countries. Thanks to the nations well developed capital market and the unique financial regulation system, investors still feel confident to Australias equity market which is the eighth largest in the world. Don’t waste time! Our writers will create an original "Why Seek To Raise Equity Rather Than Debt Finance Essay" essay for you Create order This report contains two tasks. The first task of this report was to investigate the method National Australia Bank (NAB) used in raising funds, advantages and disadvantages of other alternatives will also be commented. Moreover, the report presents the reason of a company preferring to raise equity other than debt. The other task of the report was focused on the role of four corporate regulators in Australia: Australian Competition and Consumer Commission (ACCC), Australian Securities and Investments Commission (ASIC), Australian Prudential Regulation Authority (APRA) and Reserve Bank of Australia (RBA). Finally, a recent event ACCC opposed NABs proposed acquisition of AXA Asia Pacific Holdings (AXA) provided an example in which the regulator intervened a companys inappropriate action. Task 2 Discuss Role Of Company Regulators 6 3.1 The Role of Corporate Regulators in Australia There are some of regulators in Australia such as ASIC, ACCC, APRA, RBA, ASX etc. This is the six mainly mission includes monitoring the market; which is monitor a range of sources to detect unsafe goods such as injury and death information, overseas trends, products in the market, product analysis, and consumer complaints. Secondly it can reflect on Encouraging safe practices; which is negotiating product removal, removing  unsafe goods, Promoting good product safety management, making consumers aware of product hazards. Thirdly, working out ways to address hazards can be expressed in product analysis, working with technical experts, working with suppliers and industry associations, educating suppliers and consumers about product safety, issuing warning notices, creating regulations where necessary. Next, regulating hazardous products conducting regulators using bans and standards, regulators will either ban products or require them to meet specific safety standards. Enforcing regulations, which is respond to breaches of product safety bans and standards through a range of enforcement tools, including civil and criminal legal action and monetary penalties. The last, working with other regulators, Australian and overseas regulators of general consumer products and specific products often work together to share intelligence, monitor issues and resolve product safety issues. https://www.productsafety.gov.au/content/index.phtml/itemId/974712#h2_20 However, there is some recognition when the regulators are closer looked. Australian regulatory structure: 3.1.1 Australian Competition and Consumer Commission (ACCC) Australian Competition and Consumer Commissions the main purpose of regulate competition policy; promotes competition and fair trade in the market place to benefit consumers, business and the community. It also regulates national infrastructure industries. Its primary responsibility is to ensure that individuals and businesses comply with the Commonwealths competition, fair trading and consumer protection laws. 3.1.2 Reserve Bank of Australia (RBA) Reserve Bank of Australia, it is aim to System stability and payments system; it conducts monetary policy, works to maintain a strong financial system and issues the nations currency. As well as being a policy-making body, the Reserve Bank provides selected banking and registry services to a range of Australian government agencies and to a number of overseas central banks and official institutions. It also manages Australias gold and foreign exchange reserves. 3.1.3 Australian Prudential Regulation Authority (APRA) Australian Prudential Regulation Authority influence on prudential regulation and supervision of deposit-taking institutions; APRA play a critical role in protecting the financial well-being of the Australian community: as a result, high standards are required in everything we do. In our work and in our interactions with others, we value and seek to demonstrate 3.1.4 Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commissions regulation impact market integrity and consumer protection; ASIC regulate Australian companies, financial markets, financial services organisations and professionals who deal and advise in investments, superannuation, insurance, deposit taking and credit. 3.2 ACCCs Intervention on NAB These corporate regulators might intervene in certain circumstances if a company acted inappropriate. For example, ACCC opposed NABs proposed $14 billion acquisition of AXA Asia Pacific Holdings (AXA) in 19th April 2010. Generally, the primary responsibility of ACCC is to ensure that individuals and businesses comply with the Commonwealths competition, fair trading and consumer protection laws. It is the only national agency dealing with competition matters generally. It has general consumer protection responsibilities and powers to prohibit companies from substantially lessening competition. Refer to the case, the ACCC chairman Graeme Samuel provided that a substantial lessening of competition in the retail investment platforms market with complex investment needs would be caused by a merger between NAB and AXA. Furthermore, ACCC did not oppose AMPs planned $12.85 billion acquisition of AXA. The reason is ACCC found that NAB was a significant competitor in the provision of reta il investment platforms for investors with complex needs whereas AMP was not a significant competitor in this circumstance. Later, the NAB revised its proposal in which it plan to sell AXA APHs North platform to IOOF  in order to alleviate its competition concerns. In the past month, ACCC extensively investigated the new proposal, and received information from a wide range of resources, which include public opinion through market consultation ended on 23rd March. Its decision would be announced on 9th September 2010.

Incarceration of Children in Conflict with the Law in the...

Incarceration of Children in Conflict with the Law in the Philippines: The Blurred Lines A figure dashed through a busy road. Children selling water, cigarettes, and trinkets roamed the road filled with vehicles of all sizes are all at a stand-still while waiting for the light to turn green. The heavy traffic was expected, but what came next was a surprise. A car door was opened inconspicuously. After a few minutes, the figure emerged from the side of the car and cast furtive glances before sprinting to the nearest alley, while dodging oncoming passers-by. Other figures emerged, and together with the first figure, they walked further into the alley and surveyed their catch. It turns out that not only one vehicle had some of its contents†¦show more content†¦The brain’s prefrontal cortex is responsible for higher cognitive skills like objective reasoning and deeper thinking which takes a longer time to develop and is still gradually developed even after physical maturation or puberty in adolescents (Johnson, Blum, Giedd, 2009; Child Welfare Information Ga teway, 2009 ). Child Welfare Information Gateway (2009) also attributed the adolescent’s behaviors, which are found to be mostly based on impulse rather than logic, to the immaturity of their prefrontal cortex. Furthermore, a study by Dr. Giedd (as cited in Massachusetts Institute of Technology [MIT], 2005) suggested that â€Å"the human brain does not reach full maturity until at least the mid-20s†. In agreement with Giedd, MIT concluded that â€Å"[t]he brain isnt fully mature at 16, when we are allowed to drive, or at 18, when we are allowed to vote, or at 21, when we are allowed to drink, but closer to 25, when we are allowed to rent a car.† The age of 18 is considered the transition of a child into adulthood in the Philippines. At this age, they gain the obligation of voting for government officials, a heavy responsibility that has a bearing on how the nation would be run for the next few years. The society must expect and trust a person aged 18 years old a nd above to be level-headed enough, if it were to give such a responsibility to them. Though neuroscienceShow MoreRelatedASAM 5 Notes Essay6590 Words   |  27 Pagesï » ¿Lecture 1- Stories: a core demand? Saturday, February 8, 2014 2:42 PM    Stories: a core demand? Children constantly ask to be read stories The need for narrative may not be as core as. Three parts Minority Literature Minority literature The concept of minority has been central to the very founding of American life and government Metaphors of minorities Invisibility : lock of recognition Notion of otherness: radical difference WEB Dubois, the souls of Black Folk (1903) Historian andRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 PagesFlorence Luscomb and the Legacy of Radical Reform Michael Adas, ed., Agricultural and Pastoral Societies in Ancient and Classical History Jack Metzgar, Striking Steel: Solidarity Remembered Janis Appier, Policing Women: The Sexual Politics of Law Enforcement and the LAPD Allen Hunter, ed., Rethinking the Cold War Eric Foner, ed., The New American History. Revised and Expanded Edition E SSAYS ON _ T WENTIETH- C ENTURY H ISTORY Edited by Michael Adas for the American

Science Fair Project Ideas That Use Salt and Sugar

Here are ideas for science fair projects you can do using salt or sugar: How is the speed of sound affected by the salinity of water?Investigate the different types of salt used as de-icing agents. Which is the most cost-effective? Safest for the environment? Best at preventing ice formation? Under what condition?Grow table salt crystals. How is crystal formation affected by the  rate of cooling? Saturation of the starting solution? Other factors? Other crystals you can test include sugar crystals and Epsom salt crystals.You can make a density column by making solutions with different concentrations of sugar. How is the index of refraction affected by the concentration of sugar? Can you relate the angle by which light is bent to the concentration of the solution? Is the angle by which light is bent affected by the temperature of the solution?Which material increases the conductivity of tap water best? salt, sugar, or baking soda? What happens if you change the concentration of the solution?There are many types of salt available at most grocery stores, i ncluding table salt, rock salt, and sea salt. Other salts you can find include Epsom salts, potassium chloride (lite salt), and baking soda. Which type of salt works best for making ice cream in a baggie?When you crush sugar crystals you can cause them to emit light. This is an example of triboluminescence. Examine triboluminescence of sugar crystals, Wint-o-Green Lifesaversâ„ ¢, and other candies. Which produces the brightest spark? Does the ability to produce light seem affected by other facts, such as humidity?

Diversity in the Workplace - 1452 Words

Introduction As a general statement diversity refers to the prevention of discrimination in conjunction with the improvement of equality. It’s about valuing differences and inclusion; this is the act of spanning such areas as ethnicity, age, race, culture, sexual orientation, physical disability and religious beliefs. In a global marketplace diversity is theorised as a corporation that employs a diverse workforce in that includes both genders, people of many generations and those from ethnically and racially diverse backgrounds. In daily vocation operations diversity is alleged to assist appreciate and understand the demographics of the marketplace it serves and in effect creates greater accomplishment in the marketplace. Employee†¦show more content†¦By having an Inclusive place to work, it improves communication and understanding of both internal and external stakeholders and makes the company a stronger more effective unit. In effect managers within an organisation should utilize employee’s differences to improve business outcomes and achieve objectives. Challenges While diversity in the workplace brings about many benefits to an organisation, it can also lead to many challenges. There are challenges to managing a diverse workplace. Managing diversity is more than simply acknowledging differences in people. It has been suggested that it’s a fair bit difficult to motivate and manage work teams that are highly diverse in work related characteristics. Most of the challenges occur at culturally diverse workplaces, where the major challenge being miscommunication within an organisation. Miscommunication within a diverse workplace will lead to a great deal of challenges; it’s been proven that the meaning of a message can never be completely shared because no two individuals experience events in exactly the same way. Thus a suggestion would be that it would be necessary for all employees within the organisation to receive special attention in meeting their communication requirements. A negative attitude towards an organisations member, based on their culture group identity is known as cultural bias. Cultural bias is another factor whichShow MoreRelatedDiversity In The Workplace. . Diversity In The Workplace990 Words   |  4 PagesDiversity in the Workplace Diversity in the workplace is imperative even though some commentators argue that too much diversity can be negative. Diversity can lead to staff feeling ‘threatened or even annoyed by persons with views and backgrounds different from their own’ (Barsoux, Strebel and Manzoni, 2010). Instead of inclusivity, diversity can end up causing conflicts, as some staff are reluctant in changing their viewpoints and are less adaptable to change. The discourse relating to diversityRead MoreDiversity Of Diversity At The Workplace942 Words   |  4 PagesIn this week’s integrated article, review, I am focusing on diversity at the workplace. This is a topic very relevant and important for any organizations success. Diversity at the workplace refers to any characteristic that makes people different from one another. Today’s workforce is a diverse mix in terms of age, gender, ethnicity, generational attitudes. It is important for an organization to adopt diversity management practices to bring this diverse mix together into a stable productive unitRead MoreWorkplace Diversity And The Workplace853 Words   |  4 PagesWorkplace Diversity Many outstanding articles, books, journals and papers have been written regarding the topic of workforce diversity. Some are relatively short papers such as Diversity in the Workplace published by the University of Florida, and seek to provide the reader with a basic understanding of what is meant by workplace diversity, as well as the potential benefits to both employers and employees alike. Other resources can be significantly more in-depth and explore subtopics of workplaceRead MoreDiversity At Workplace Diversity Within The Workplace3281 Words   |  14 Pages1.0 Diversity at workplace Diversity is a very extensive subject and can be in any genre or class; it is difficult to categorize because of its complex nature. According to Res (2012), diversity can be represented as a variety of human aspects pertaining to different societies and cultures in the workforce or can be explained tolerating the differences. On the contrary, diversity is a quest of differences among human beings in safe, positive and nurturing surroundings and moves beyond simple toleranceRead MoreWorkplace Diversity Of The Workplace965 Words   |  4 PagesJob’s face many struggles and challenges each and every day. Workplace diversity is something which is being talked about the most here lately. Out breaks of minimum wage, sexualities, gender, and even your skin color affects what diversity a business would want. Within the business, the professional level is set pretty high due to the superior designers making us able to dress well fashioned. When people step into a business they do not want someone that is going to walk in with a t-shirt and gymRead MoreDiversity in the Workplace964 Words   |  4 PagesRunning head: DIVERSITY IN THE WORKPLACE Abstract Select (highlight) this text and then begin typing your abstract, which should be limited to one paragraph of not more than 120 words A Survey of Organizational Culture and its Effectiveness on Managing Diversity in the Workplace Diversity in the workplace is a relatively new concept that has been attracting considerable attention from the executives of most businesses. â€Å"Ongoing demographic trends (increasing percentages of African-AmericansRead MoreThe Diversity At The Workplace747 Words   |  3 PagesThomas (1992) entails the diversity at workplace in terms of all ancestry, ethnicity, age, gender, race, educational background, sexual orientation, marital status, religious belief, income, geographic location and work experience. The mobility in human resource trend is emerging within the competitive market that requires more strategic role on account of human resource management. Organizations may fall in dire consequences of outplaying by other competitors in strategic employment. Nowadays, workforceRead MoreDiversity in the Workplace1096 Words   |  5 PagesRunning head: DIVERSITY IN THE WORKPLACE Diversity in the Workplace Amber Barger ORG536 – Contemporary Business Writing and Communication Colorado State University –Global Campus Dr. Phillip Jackson November 26, 2013 DIVERSITY IN THE WORKPLACE As companies start to regain their footing after the recent economic downturn, 2 factors such as the rising number of immigrants, mergers of large corporations, the popular use of temporary workers and the increasing globalization of business,Read MoreDiversity in the Workplace714 Words   |  3 PagesDiversity in the Workplace Introduction Workplaces are becoming increasingly diverse, and this is a dynamic that is causing some tension between and among employees. What are the positives and negatives of diversity in the workplace? America is a place with a great diversity of cultures, but sometimes in the workplace cultural values can clash and this paper discusses the why and how of those issues. The Literature Why are workplaces becoming more diverse, and why does diversity in a companyRead MoreDiversity in the Workplace1465 Words   |  6 Pagesï » ¿ Diversity in the Workplace As stated in our book, workplace diversity is defined as â€Å"diversity at work means having a workface comprised of two or more groups of employees with various racial, ethic, gender, cultural, national origin, handicap, age, and religious backgrounds†. There are many positives and also negatives of diversity in the workplace. Some of the negatives from workplace diversity are stereotyping, discrimination, tokenism, ethnocentrism, and also gender- role stereotypes. Some

Original Writing Coursework Free Essays

I always knew I was different, but it wasn’t until I hit the 4 or 5 mark, when I first started interacting with other children my age, that I realised I wasn’t normal, and in this culture, not being normal, was bad. I started to realise I was unique in lots of small situations, such as in class the teachers would ask us if we knew the answer, the other children would comply and quite often get it wrong. How often I lay awake wondering, if they could do what I do, would there be any need for this? Is it all a sham? That was when the paranoia set in, the endless tumbling or random thoughts in my mind as they swirled around questioning every flicker in another persons eye, every dodgy look sent my way was examined analysed and pondered. We will write a custom essay sample on Original Writing Coursework or any similar topic only for you Order Now At such a young age of course this had a negative impact on me, and I was very much alone in that place, as the other children avoided me because in my own way I shunned them, alienated them, to afraid to get to close to them, to insecure really, all because of this, this ‘gift’ I had. If I was a second rate charlatan, in some country fete that sat in the back of a dark tent with a scrap of cloth across my eyes, I would claim I could read minds, and then it would be a case of off I go to the mental hospital; â€Å"Hello miss, I can read your mind, and I know just how much you despise us and if you had your way you would hang us from the third floor window.† No. This is not what people want to know, just imagine how much they would spurn you, if they knew just how deeply into them you could travel, just how closely you could experience their emotions, like a rollercoaster, a back seat passenger in the ride of their life. So I kept quiet, and eventually over the years I have learned how to use my gift to my own advantage, and yes, I call it my gift because, as I like to imagine, it was given to me for some higher reason. Why? You ask, wondering why such an amazing thing would be bestowed upon some middle-class girl with no real experiences under her belt except the ones she has felt through leaching the minds of others. Maybe that is the answer to your question, give a girl, exactly the same as me in every way, apart from she has grown up in a starving family of seven, their every day, week, month is a struggle for ample food and warmth. How overwhelming would my gift be to that poor girl? Not only is she experiencing her own torrid state, but sevenfold from her extensive, suffering family. Do you think she could handle this? Would she be able to explore it? Question it? Try to understand it to the extent I have? I often like to think there was a reason I was chosen, not just a freak clash of genetics in the womb and hey-presto she’s a mutant. Every day I wonder how and why I will use it, and I hope one day it will become clear, that my mind will suddenly expand and I will just know, like in those films you see and everything is so blurry and out of focus to them and some divine intervention occurs and it all becomes razor sharp and resolute. Until then I continue as normal, living every day as easily as I can, learning always the extend and limitations of my abilities, such as I can’t send thoughts, I seem to be more like a receiver than a transmitter. However on one very unusual day it seemed that I linked the minds of two people, I’ve never really understood how, or why, or even if it really took place, but deep down I know that I did, and it has perplexed me ever since . The two subjects were a boy and a girl, they had only one class with me, and in this class they were forever holding hands, continuously whispering and having those shared ‘moments’ which they find so special but the rest of the room find nauseating. Anyway, I was on something I like to call ‘open mode’ where I allow the shallow superficial thoughts of the people in the room to wash over me, meaning it needs little or no concentration from me, and I found it very soothing. However a sharp spike of emotion punctured the noise, which in a metaphorical sense is very much like screaming into a noisy room, everything went silent as my gift zoomed in on this one particular mind. It turned out to be the boy, who was sat at the back with this girl, his arm casually slung across the back of her chair, his face lit up with easy laughter, but his thoughts were like dirt, they had an aura of a bad smell which left me nauseated. As it turned out the boy was sleeping with his girlfriends so called best friend and my god did he revel in it! It wasn’t just the smug masculine thought of it, he was actually proud of himself, of the thought he could break this girls heart to pieces if he wanted, he loved the control and had absolutely no compassion for this girl he was cruelly playing. How angry I was, that this boy even dared to do something like this, and then so nonchalantly continue, be so happy about what he was doing, in some small way I pitied him, but only very briefly, and this small shred was overwhelmed and converted to anger as quickly as it had occurred. How I wished the girl could know, that she could see this cess pit lurking behind this pretty boy faà ¯Ã‚ ¿Ã‚ ½ade, and I think that’s what did it, my pure raw emotion connected the two, only briefly, but it was enough. The girl must of seen something in the boy, a glimpse of what I had encountered, and it scared her, so much so that sh e distanced herself from him, she never did fully realise why she ran away from him, but ultimately I think she knew she had done the right thing, she had spared herself. See is this what I’m here for? To protect girls from their unfaithful other halves? I like to think not, but at the same time I was just happy I was accomplishing something with my gift, at a time when I was still to naà ¯Ã‚ ¿Ã‚ ½ve to know what I could really accomplish, just how far I could go. For years I wondered what I was to become, I did well in all my exams, as the questions I didn’t know I could glean from the minds of others, and yes it is cheating, but no-where in the rules is mind reading prohibited, so I used it to my advantage. Even when my education was over I was still perplexed, every day was a constant annoyance as I tried to figure out how best to use my gift, to what mundane earthly job was it suited for? I quizzed myself non-stop, losing sleep and growing more irritable, and at this point I lived alone in a small shabby flat in Sheffield, so I was allowed no reprieve from my thoughts. I was working a full time job in the local supermarket, taking a gap year to save some money before I finally got my act together and applied at a university, finally figured my sorry state out. And yes eventually it did happen, like I had hoped it would a blinding flash of illumination came over me, it wasn’t anywhere special, there was no earth-shattering clash of thunder, the heavens didn’t suddenly open, no. I was sat talking on my phone, my frozen hands clutching the small thing to my ear and my entire body shook continuously to warm itself up. We were talking about mindless girl stuff if I remember, she was telling me about some show she had been watching, and oh it was so exciting and I just had to see it, well me being an ice block I just murmured back an unintelligible response. Suddenly she stopped her babbling and started tutting and sighing theatrically. ‘I honestly don’t know who writes all this, but it’s all lies anyway.’ Being quite used to her vague tangents I inquired further, ‘Well these bloody Politicians’ came back her heated answer, ‘They just get someone else to write their speeches and cart out the same old promises year after year, and how much of it is ever actually put into practice? None’ However I had stopped listening to her, because this was what I had been waiting for, babbling excitedly into the phone I apologised profusely to her and promised to call her back later. No longer cold from my excitement I keyed in my parents home number from memory, almost falling over in my tension as it rang. ‘Hello?’ My Dad. Breathless I gabbled into the phone ‘Dad, I want to be a Politician.’ How to cite Original Writing Coursework, Papers

What Are the Worst Things That Can Happen to a Person free essay sample

Addictions as we all know may not all be bad, as for there are some good addictions as well. But usually these bad addictions can cause suffering to certain individuals. Some more common examples of addictions are drugs and gambling. In the case of drugs, addiction to drugs is a bad thing because the drugs can severely harm your body in ways you don’t know it’s harming you. It can also affect your mental state; your way of thinking can become different than the way you thought before. Another example of a bad addiction is gambling. These two factors are a well known addiction. People get addicted to casinos because theoretically, the way a casino attracts people is the person goes in with money, usually in the first or second round they win but then on they will keep losing. Now how this addicts people is that when they lose money, they want to play more and more to gain the money they have already lost. We will write a custom essay sample on What Are the Worst Things That Can Happen to a Person? or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page How don’t they lose hope? They don’t lose hope because the first few rounds they won money so therefore they think that they will be able to win again. Part of this applies for lottery tickets as well, because it is close to gambling as well. Now the more critical part of the addiction is when the person loses all their money from buying all the drugs or wasting all their money from going to the casino. This leads them to debt. When these people go into debt they are not only desperate in need of money to pay off the debt but sometimes they also want to continue to waste more money on what they are addicted to. And because they are so desperate for money, they will find ways to get the money they want and need through illegal ways such as stealing/robbery. Stealing and robbery can lead them to jail and be punished for their consequences. Another way these people would react to losing all the money would be depression and stress. And if these internal illnesses keep rising until they cannot mentally and emotionally take it anymore they may decide to commit suicide to not have to bear with this burden on them anymore. Another type of a bad situation that can happen to a person would be chronic diseases. Chronic diseases such as cancer (can be any type) can drain the physical and emotional states of an individual and slowly cause suffering to the person. It can create tumors in different places in a person’s body depending on the type of cancer. This can reduce the amount of activity an individual uses in a daily life. This can give the individual depression and stress and can let the individual feel like they are in despair. This can also affect the individual’s social environment such as family, close friends, relatives and etc. This can cause stress to the people around you because they would worry for you and care for you and their life can busy with all kinds of work but they also have to take the time to care for you. Lastly, the one thing that I consider the worst thing that can happen to a person is having no education, no job, no money, no success, no friends, no shelter, and to have absolutely nothing in life. If one does not have these things then what is the purpose in living? To have nothing at all in your life is even more worse than having an addiction or even a disease because even if you did have an addiction or a disease, it’s not like anyone will help you because you don’t have any close friends or you are not close with any of your relatives, and your family doesn’t care about. You wouldn’t have money to keep up with your addiction or you wouldn’t have money to go treat your disease in the hospital because you have no education, no job and more importantly, you have no money. So if one does not have anything at all in their life, there is no meaning or purpose in living. In conclusion, addiction such as drugs or gambling, chronic diseases such as cancer and having no purpose in life are the factors that I have considered to be the worst possible things that can happen to a person. To prevent these things from happening in the future,

Demographic and Geographic Dilemmas

Question: Discuss about the Demographic and Geographic Dilemmas. Answer: Introduction: The issue regarding the gap of employment is getting bigger between the non-Indigenous Australians and the Aboriginal and Torres Strait People. According to the latest reports from the Australian Bureau of Statistics (ABS), the employment rates of indigenous people across the whole of Australia have only enhanced for those who have attained high levels of education, completed training or apprenticeships (Fawcett et. 2010). According to relevant reports, in accordance to Employment Gap only 56% of the Indigenous Australians of working age are dynamically contributing in the labour force, as compared to 78% of the population comprising of non-Indigenous people aged 18-65 (Altman 2016). The rate of active participation takes into account the people who are working, having full-time education or is energetically in the hunt for employment. Between the participating Aboriginal and Torres Strait Islander work force, a staggering 16% are unemployed currently, whereas for non-Indigenous Australians the rate stands at 5% (Biddle, Taylor and Yap 2014). The young indigenous people are the most likely ones to remain unemployed than any other age group. Young Indigenous Australians having educational qualification is best suited and most active in the labour force. They have the best chance of improving their employment factor. In 2013, approximately 78% of the Aboriginals and Torres Strait Islander people attaining Certificate II were enthusiastically partaking in the labour force, compared to 40% who never had the chance of attaining these credentials (Gregory and Smith 2016). Attaining higher qualifications always offers a better chance of being employed, with 84% of Indigenous Australians with a diploma degree participating actively. The rate of unemployment also depends on the level of education that is being received by the Aboriginals, as people who received Level 12 or Certificate II makes up around 13% of the unemployment rate (Otim et al. 2014). Without proper qualification in education, the rate stands at 24% for the Indigenous population. The results have been promising but the education rate among Indigenous Australians still remains a worrying factor for all. Another factor that plays its part in having an impact on the outcome of labour market is the health or disability issue of Aboriginals. As per the reports, Aboriginals and Torres Strait Islander people are more prone to chronic diseases like diabetes, heart related issues and kidney disease (O'Connor, Wilson Setterlund 2003). If they are not able to maintain good health, they would never be able to compete in the labour market as they would lack that energy and zeal to perform even if they possess that will power to do the same (Davidson et al. 2013). Over the years, the Australian Government has come up with lots of plans and policies to bring parity among the Aboriginals and Torres Strait Islander people. Success has not been there much, with gaps still existing between the two groups. The first and foremost thing that needs change is to improve the education system for Aboriginals and the conditions of the schools where they receive education (Eades 2013). It is surprising how a school in one of the rural areas of Australia, has filthy toilets, uncovered wiring and the existence of a hole in roof that lasted for a year. Walgett High School, as has been identified is situated in a region boasting bulky Aboriginal population, has the capability of handling 500 students, but astonishingly only 30-35 turn up each day (Chenoweth McAuliffe 2014). These students do not even have the urge to complete their education at school and carry forward that knowledge for further studies. Such a condition of a school would never be witnessed in either Sydney or Melbourne, but then why here. The Government needs to make sure that their thoughts, policies and schemes do not slip when it comes down to these Aboriginal people. The improvement should start from the basic level, if the Government really wants to bridge down the gap that exists, they need to mix the students in a school, and every good school should have their doors open for the Aboriginals too. Accessibility might be a problem, but not if government plans to offer a scheme in providing student scholarships to the Aboriginal students who have that required intelligence. Each renowned school and college should have quota system for the Aboriginals where atleast 20% of the seats should be reserved for them. They need that basic education and care to go ahead and achieve something big. Moreover, in Australia there should exist more companies like Rio Tinto, a big mining company having mining operations in Australia. During the mid-1990s only 0.5% of its workforce were indigenous ones, however, by 2010 the rate went up to 9% which is around 950 employees (Martin, Trigger and Parmenter 2016). More such Australian companies should follow the example of Rio Tinto where they have active employment programs for Indigenous people like job readiness training, support in literacy and numeracy, retention and improvement in career. Companies should be encouraged to have alternative retention methods for the Aboriginals like Indigenous people attending 4-5 days of workshops, where they get involved with problem-solving activities, receiving pre-employment training and an individual assessment from supervisors of the company (Griffin 2014). Companies should have Welfare and Workstart problem focusing on alcohol and drug training, literacy training, personal financial management . Non-Indigenous people should be given cross-cultural training so that discrimination and racism is never a part of organization life. Many indigenous people stay away from all these in fear of being bullied at workplaces. This needs to be reduced through Government policies of heavy penalty and imprisonment if anyone found guilty of doing the same. Companies and Governments should have different committees looking after this matter, so that indigenous people do not live jobs and sit at their homes or do something silly that is not viable (Browne-Yung et al. 2013). If employment rate of Aboriginals go up, they are most likely to be benefitted by it. Seeing a few, getting success in the corporate world and labour market would encourage more Aboriginals to join the suit. Earning money in a good way would improve their way of living and not influence them to indulge into criminal activities. They can maintain their and their familys health and well-being and work on improving their next generations future. Improvement in their employment rate, education and health would witness in improvement of their living areas, sanitation facilities and other such factors that long being an issue for them (Altman 2016). They would no longer be prone to such chronic diseases, as better lifestyle would offer them better ways of living and money to go for periodical check-ups from better hospitals. Everybody is going to be benefitted with things that have been proposed or needs change. Governments, companies, indigenous and non-indigenous people would all be the beneficiaries from this proposed change and things like this would create a better Australia. Australia faces lower level of human capital, which is why Government should assist the indigenous people to retain their places in the organizations, even if they lose jobs, get adequate training and get re-employed, especially during economic downturns (Jamrozik 2009). The biggest and foremost strength of this proposal is Australias unemployment would decrease a great deal, improving its overall economy condition. The human capital would increase for Australia and the gap that exists between Aboriginals and Non-Indigenous people should be reduced. A country can never improve if its people, be it of any culture and religion does not have necessities of life and they lag behind while others enjoy. A gap often leads to distraction, disparity, hatred and criminal activities that have been another major worry for the Australian Government to handle (Fawcett et al. 2010). Corporate organizations can all come in and support the government in bridging this gap as every industry in Australia is in need of labor. Aboriginals if given proper training and facilities can be very hard working people because they have so much to prove to others about how effective they can be in this society. Weakness is one thing that exists in any proposal or policies. In a society where people talk about equality, often they find doing things that leads to inequality. The quota system that has been mentioned in the change proposal might not hold well among the indigenous people who might protest against such actions. However, to pull up a community that has over the years being neglected is never easy. Strict rules are to be implemented so that they get that chance to highlight themselves to others what they are capable of. People does mention about being against racism (Williamson et al. 2016). However, there is still a lot of that remaining inside everybody everywhere around the world. The non-indigenous people might not enjoy the company of the indigenous people at workplace or other areas which might complicated things. If the organizations do possess different welfare programs for indigenous people, the non-indigenous ones barring a few would never be happy about that. This gap is like a curse that is slowly eating up a whole society, which is fighting for its existence in every manner they can. Reference: Altman, J., 2016. Basic Income for Remote Indigenous Australians: Prospects for a Livelihoods Approach in Neoliberal Times. InBasic Income in Australia and New Zealand(pp. 179-205). 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