LIFE

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Australia

Saving an Australian life is worth $4.2 million

The Department of Prime Minister and Cabinet has estimated that it is worth $4.2 million to save the life of an Australian. Several factors are considered when determining the value of statistical life of an Australian.
Princess Diana's letters

Princess Diana's letters sold at a Cambride auction for tens of thousands of dollars

Six letters, handwritten by Princess Diana and addressed to ex-Buckingham Palace steward Cyril Dickman, have been sold at an auction for over £15,000 (AU$25,000). The notes, described as "private letters between a trusted butler and the royal family," were put up on sale at Cheffins auction house in central London.
Cannabis Legalisation

Cannabis joints to greet Donald Trump on Inauguration day; North America's legal marijuana market surpasses ‘dot com boom’

As per a leading cannabis research publisher, ArcView Market Research, North America’s legal cannabis market has posted a 30 per cent increase in revenue on 2015. The revenue figure in 2016 was US$9.3 billion (AU$12 billion). Considering a compound annual growth rate of 25 percent, the marijuana market may post US$20.2 billion (AU$27.9 billion) sales by 2021.

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