Nexus - 0211 - New Times Magazine-pages

Page Content (OCR)

... GLOBAL NEWS ... NEWS coast of Australia some 100,000 years ago. . Bob Yound and Ted | Bryant, of the Department of Geography at the University of Wollongong, NSW, | began to suspect that a tsunami might have hit Australia's coast, when in 1989 they read a , SS (~~ ausTRALIA . New Caledonia research paper — \ Newenata hi ing an enormous sub- - See : marine landslip, that _— Nissan . impact took place off the AE Wave 5 island of Hawaii Tasmania <* § impact ad 105,000 years ago. In New Zealand it, researcher calculat- ; : ed that this avalanche would have gen- _Plied, regardless of whether the practi- erated a tsunami reaching 375 metres tioner is a member of one of the 23 above sea level on nearby islands. associations recognised in the Even though the wave had reduced in Therapeutic Goods Regulation. size to approx 40 metres high, it still It was also implied that if the consul- had the strength to toss about rocks tation is with a doctor, the medicine weighing 20 tonnes or more. and the consultation are exempt from This means that if a similar underwa- the tax. This means that it would could ter landslip, or underwater volcano CSt even more to see a natural thera- were to occur in the vicinity of say _ Pist than a doctor. New Zealand, or Fiji, eastern Australia (Source: Tinctures, MediHerb Pty Lid, PO would experience a wave between 40 Box 713, Warwick, Qld 4370) and 375 metres high! Worse still, we would have little, if . WOMEN'S WEEKLY SLAMS any warning of such an event. HERBAL MEDICINE (Source: New Scientist, 17 October, 1992) I wonder how many readers of Nexus ” UPCOMING BANKING COLLAPSE? Pacific Ocean The front page of the business sec- tion of the Oct. 4 “Washington Post” carried an in depth article describing a new banking crisis ready to spill after the election. The press had dubbed this “the December surprise”. According to the article, one out of four US commercial banks is currently bankrupt according to federal law despite the recent lowering of the liquid holding requirement from 6% to 2%. This is NOT the continuation of the Savings and Loan crisis. These are commercial banks. The article projects a minimum of another quarter trillion dollars for this new fiasco. FDIC is currently 6 billion overdrawn (since April 91), and another 60 some billion will soon need to be allocated to clean up the S&L thing. The article reports that this new bank crisis is being handled much the same as was first. Congress and the political parties have agreed to put this issue off until after the election. Surprise! Further reported, the media believes that this issue is too complex for the American public to grasp. plied, regardless of whether the practi- tioner is a member of one of the 23 associations recognised in the Therapeutic Goods Regulation. It was also implied that if the consul- tation is with a doctor, the medicine and the consultation are exempt from the tax. This means that it would could cost even more to see a natural thera- pist than a doctor. (Source: Tinctures, MediHerb Pty Lid, PO Box 713, Warwick, Qld 4370) WOMEN'S WEEKLY SLAMS HERBAL MEDICINE Geographers have recently found evi- dence of a tsunami that swept a wave some 40 metres high onto the south I wonder how many readers of Nexus read the April 1992 issue of Women's Weekly. I certainly didn't, which is why I missed the article by Dr. Frances McKenzie, which slammed herbal medicine. The article which contained many errors, was a summary of articles which appeared in other magazines, and which were written about overseas countries, and past practices in Australia. The author did not seem to be aware of the existence of the TGA and its role in enforcing standards for the industry in Australia. The article referred to deaths in recent months which had been attrib- uted to herbal medicines. As a result, the National Herbalists Association of Australia (NHAA) has lodged a formal complaint to the Press Council of Australia. NATURAL THERAPIES TO COST MORE UNDER G.S.T. WAU Ae THERAPIES TO COST MORE UNDER G.S.T. In a letter from Dr. Bob Woods, Opposition Health Spokesperson to MediHerb on 14th July 1992, it was revealed that under a coalition govern- ment, any consulta- tion with an alter- native practitioner may be taxed at 15%, as will the the medicines _ pre- scribed and sup- Bee 8e NEXUS SPEAKING OF TIDAL WAVES I wouldn't have bothered, after all DECEMBER-JANUARY '93