The impact ofTrump onyourfamilyhome

BY PAWAN LUTHRA

Recendy,thethreeindices of thestrengthof theUS economy-theDowJones IndustrialAverage(which includesthescocksof the30largest andmostpowerfuJcompaniesinthe US),Standard&Poor's500 (which consistsof the500mostcommonly tradedstocks andrepresentsabout 80percentof thetotal value of USstockmarkets), andtheNasdaq StockMai:ket(whkhfeaturesmostly technology companies)-achieved recordhighs.

AccordingcoC N Money,itwas thetirsttimethethreeinclicesachieved concurrenthighrecordssinceJanuary 1992.

Asexpected,PresidentTrump took fullcreditforthissaying,"Thestock markethasbitrecordnumbers,asyou know.Andthere hasbeenatremendous surgeof optimisminthebusiness world."

Thisishalf true. Thepartwhich istrueisthat,todate,otberthan his :xenophobicexecutiveorderonbanaing immigrationfromspecificcountries,he hasmade largelypro-businesspolicies, asexpectedof aRepublican President. Eventhoughthesehavebeenatthe costof cbeenvironmentandclimate changemanagement,therealityisthat tbebusinessworldhaswelcomedthese announcements.Trumphaspromised to slashthebusinesstaxratefrom35per centto 15percentandalsoslashred tapewhichhampersbusiness WhatTmmpis notacknowledging orgivingcreditco,andas apoliticianis notell.-pectedco,isd1athispredecessor setupthepolicieswhichhaveallowed theeconomy cogrowatthispace. DuringtheObamayears,theUS economyhadcorrectedby over50 percentand unemploymentrares had decreasedbyover30percent.

Forthoseof usinAustralia,we haveavoidedlarge scale recessionin d1erecentpastduetooarabilityto sellresourcestoChina.Therewasa slowdowninChinain thelastcouple of years,butAuscraliahasbeen able coweatherthescormwitha property, education and tourism boom. The propertyboom,tl1oughconcentrated inonlycertainpartsof Australia, has keptconsumerconfidencehigh and this,coupledwithgenerallylowinterest races,hasensuredlow unemployment andsteadybusinessconfidence.Wages arelargelystagnant,butwitl1low inAation,thisstagnationhasreallynot impactedtheeconomy.

Oneof tl1etwo headwinds coming ourway couldbethe loweringof Australia'screclitrating. Ournational debtmanagementneedsstrongsurgery to makeitbettet,butwitl1aclivided Parliamentandshortsightedpoliticians, thiswill nothappen.Anychangeto ourcreclitratingmaywell.increase the costof borrowingforthebankswhich couldpushupinterestrates.

TheocherheadwindisthatTrun1p's policies,villputpressu.reontheUS FederalBanktotightentheirpurse stringsandincreasetheirinterestrates, whichwillbeanotherreason forthecost of borrowingforourbankstogoup.

If interestraresincreaseinAustralia, itcouldputapat1seon thestrong growthof property val.ues here.The robustincreasewhichpropertyowners andinvestorshaveseeninthelast4-5 yearsmaycome toagentlehale.This doesallownewtnigrantstocakescock and buysensibl)'rather thanin a panic. Thereniaywellbesomeopportunities forpropertybuyersind1elaterpartof thisyear.

Sai Baba Mandirin Camberwell, SHIRDI SAi SANSTHAN MELBOURNE, is on the lookoutforaRESPECTED HINDU PRIEST OFINDIAN ORIGIN.

• Required to perform daily Vedic rituals. ceremonies and other Priestly duties as approved by Management.

• Must have the capacityto communicate in English. Hindi and other major Indian languages. Multi-lingual ability is favoured

• Must havedemonstratedinterpersonal skills to work harmoniously with other Priests. Devotees. Temple Staff. Volunteers and Management.

This is a part-timeposition, with a view to a full-time position in the future. Please forward CV,with reference contactdetails,to info@shidisai.net.au. Applications close: 31 March 2017.

32 HalleyAvenue,CamberwellVIC3124 I (03)98892974

TEMPLEASSISTANTSUPERVISOR WANTED

Sai Baba Mandir in Camberwell, SHIRDI SAi SANSTHAN MELBOURNE, is on the lookoutfora TEMPLEASSISTANT SUPERVISOR.

• Experience and knowledge managing a public Temple.

• Must clean theTemple. coordinate Volunteers. have strong interpersonal skills. clear multi-lingual communication skills (English and Hindi as a minimum) and favour a team-oriented approach.

• Organisational skills and attention to detail are crucial.

• Cooking skills will be an advantage.

This is a part-time position, with a view to a full-time position in the future. PleaseforwardCV,withreferencecontactdetails,to info@shldisai.net.au. Applications close: 31 March 2017.

www.indianlink.com.au

Unibreak

Alook at what some young members ofthe community got up toovertheir summer holidays

Ranjana Dutt wrote: Vandana Rekhy, Jasmine Dara Ohri, congratulations for infusing your girls with warmth, empathyand good values - their work shows true family values. Well done Brinda and Simran -keep it up!

Vlnaya Ral wrote: Azaara Perakath, I see you!

YuvaAustralia wrote: Here is what someyoung Australians have been doing over the summer, including our YUVA Australians Anirban, Arpita and Anindya. Cheers to the volunteering spirits of the youth such as these! #youngindianaustralians #yuvaaustralians #youthinAus

The Curse Ofthe Millennials

Gen Y aren't lazy, they're disadvantaged by the system, wrote

SARGUN BHATIA

CulturalPerspectlves @CPerspectives tweeted: Agree-Millennials face societal stereotypes and over expectations in the work force today

Wine That Lasts The Distance

Fora turban wearing Sikh, breaking into Australia's wine scene has been a challenge, but Nazaaray Estate Wine,y now produces award-winning wines, wrote DHANYA SAMUEL

KabirDhallwal wrote: I always go for work towards Rosebud, I guess this place is a must visit seems to be good

Jasjlt Bala wrote: She is my first cousin and she and her husband make the most amazing wines must buy their pinot!

Rajnl Luthra wrote: Param's folly, Bees saal baad I love the way these two speak.

Slmran Sandhu wrote: Wow! How amazing! Love the story! How inspiring!!

TanblrSinghGrewal wrote: AWESOME!!!

Asmeet SinghGrewal wrote: Tanbir Singh Grewal, time to revisit old plans TanblrSinghGrewal wrote: You've got to try it out bro

Decolonisingour Arts Andminds

It's time the Indian community acknowledged First Peoples' ownership of the land, and decolonised our perspective on arts practice, wrote APARNA ANANTHUNI FootscrayArts @Footscrayarts tweeted: 'Decolonising our arts andminds' a ref ection on @Arts_Front held at FCAC last Nov

Arts Front @Arts_Front tweeted: It is time to envision a new future for the arts in Australia. A decolonised future @indian_link

Strengthindiversity

When it came to speaking up against a xenophobic US President, Australian PM Malcolm Turnbull let us down badly, wrote PAWAN LUTHRA

Krishna wrote: Turnbull is looking out for himself, wary of the Hansonites who have found a friendly voice in the world's most powerful office. Notjust the extreme voices. I was surprised to see how many Indians made apologist noises supporting the travel ban ranging from the tame 'it's their right' to the outrageous 'India should do this too. See how Assam and Bengal are filled with refugees'. There is an urgent need to forcefully spank everyone who equates refugees with terrorists, or we are all going to hell for inaction!