Women soldiers in Australia to get front-line roles



CANBERRA // Australia will remove all gender barriers in its military over the next five years, opening up positions that had previously been considered too dangerous for women, including front-line combat roles.

Australia will follow Canada and New Zealand in allowing women who meet physical and psychological criteria to perform any role they choose, Defence Minister Stephen Smith said yesterday.

"This is a significant and major cultural change," he told reporters. "That is why we'd rather err on the side of caution in expressing a five-year period" to implement the change.

Women can currently serve in 93 per cent of employment categories in the Australian Defence Force, which includes the army, navy and air force. But some roles have been reserved for men, including infantry, artillery and naval clearance diving.

The Cabinet agreed to the change on Monday with the support of defence chiefs, Mr Smith said.

"This is simply about putting into the front line those people who are best placed to do the job, irrespective of your sex," he said.

Australia has 1,550 troops in Afghanistan as part of the US-led mission there.

Mr Smith could not say whether the elite Special Air Service and commando regiments fighting in Uruzgan province could include women troopers before Australia withdraws from Afghanistan in 2014.

Only 8,000 of Australia's almost 60,000 troops are female and defence chiefs have long attempted to recruit more women.

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Top investing tips for UAE residents in 2021

Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.

Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.

Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.

Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.

Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.

Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.

Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”

Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI. 

Plan to boost public schools

A major shake-up of government-run schools was rolled out across the country in 2017. Known as the Emirati School Model, it placed more emphasis on maths and science while also adding practical skills to the curriculum.

It was accompanied by the promise of a Dh5 billion investment, over six years, to pay for state-of-the-art infrastructure improvements.

Aspects of the school model will be extended to international private schools, the education minister has previously suggested.

Recent developments have also included the introduction of moral education - which public and private schools both must teach - along with reform of the exams system and tougher teacher licensing requirements.

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Company: Bidzi

● Started: 2024

● Founders: Akshay Dosaj and Asif Rashid

● Based: Dubai, UAE

● Industry: M&A

● Funding size: Bootstrapped

● No of employees: Nine

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Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
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Number of staff: 210 
 
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Barings Bank

 Barings, one of Britain’s oldest investment banks, was
founded in 1762 and operated for 233 years before it went bust after a trading
scandal. 

Barings Bank collapsed in February 1995 following colossal
losses caused by rogue trader Nick Lesson. 

Leeson gambled more than $1 billion in speculative trades,
wiping out the venerable merchant bank’s cash reserves.  

Afghanistan fixtures
  • v Australia, today
  • v Sri Lanka, Tuesday
  • v New Zealand, Saturday,
  • v South Africa, June 15
  • v England, June 18
  • v India, June 22
  • v Bangladesh, June 24
  • v Pakistan, June 29
  • v West Indies, July 4