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House prices are drifting up

The Reserve Bank has been conspicuous by its absence. The cash rate has remained steady for well over a year, with recent statements from the board making it clear that the current settings aren’t changing any time soon.

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TED Talks: Dilip Ratha – The hidden force in global economics: sending money home

In 2013, international migrants sent $413 billion home to families and friends – three times more than the total of global foreign aid (about $135 billion).

This money, known as remittances, makes a significant difference in the lives of those receiving it and plays a major role in the economies of many countries.

Economist Dilip Ratha describes the promise of these “dollars wrapped with love” and analyses how they are stifled by practical and regulatory obstacles.

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TED Talks: Bill & Melinda Gates – Why giving away our wealth has been the most satisfying thing we’ve done

In 1993, Bill and Melinda Gates took a walk on the beach and made a decision to give their Microsoft wealth back to society. In conversation with Chris Anderson, the couple talk about their work at the Bill & Melinda Gates Foundation, as well as their marriage, their children, their failures and the satisfaction of giving most of their money away.

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