Do consumers need a ‘Bit’ more protection under Australian consumer laws? The regulatory risks and challenges of Bitcoin

The creation of Bitcoin, as a digital currency, has been a significant development in the world of finance, in that it provides an alternative method of payment to consumers and businesses who use Bitcoin as a means to buy or sell goods or simply as an investment arrangement. The use of Bitcoin, as a decentralised peer-to-peer network, provides numerous benefits as a payment system, but at the same time, creates challenges for consumers due to its unregulated nature and volatile status. Therefore, when Bitcoin users enter into agreements with Initial Coin Offering (ICO) hosted companies and Bitcoin exchange platforms, the conduct by these ICOs and exchanges may be misleading and unconscionable in relation to the information they disclose to the Bitcoin user (as a consumer). This paper will consider the application of the Competition and Consumer Act 2010 (Cth) and whether the Australian Consumer Law is suited to take into consideration Bitcoin transactions under the misleading and unconscionable provisions

Interaction effects of effective microorganisms and prolonged storage on germination and seedling vigour of maize, sorghum and sunflower

Published ArticleA study involving two incubation experiments and a germination experiment in sandy soil was conducted to determine the influence of Multiplied Effective Micro-organisms (M-EM) that were exposed to different levels of irradiation and temperature fluctuation as well as prolonged storage, on the germination and seedling vigour of maize, sorghum and sunflower. Irrespective of poor handling and/or prolonged storage of M-EM, seed treatment with M-EM improved germination under optimal conditions for all crops compared to the control. Increased planting depths and cold stress were used to create conditions where seed treatment with M-EM may improve germination and seedling growth. Seed treatment with M-EM significantly improved germination and seedling vigour of the stress-tolerant maize cultivar following cold stress. Similar improved seedling vigour results were observed for the stress-tolerant sunflower cultivar at increased planting depth. It was concluded that the beneficial influence of M-EM as a seed treatment was remarkable, even after exposure of M-EM to unfavourable environmental conditions and prolonged storage before application. Further research under field conditions and in different cultivation systems are required before the large scale application of M-EM as seed treatment can be recommended

Genetic variance components for residual feed intake and feed conversion ratio and their correlations with other production traits in beef bulls

Feeding costs of animals is a major determinant of profitability in livestock production enterprises. Genetic selection to improve feed efficiency aims to reduce feeding cost in beef cattle and thereby improve profitability. This study estimated genetic (co)variances between weaning weight and other production, reproduction and efficiency traits. Traits included residual feed intake (RFI), feed conversion ration (FCR), growth (average daily gain (ADG), weaning weight (WW) and shoulder height (SHD)), reproductive (scrotum circumference (SCR)) and profitability traits measured in growth tests of young bulls. The only genetic correlations of significance with WW were those with SHD (0.50) and ADG (0.28). Weaning weight serves as no indication of an animal's production, owing to low genetic correlations with other traits (reproduction or feedlot post-weaning growth efficiency). The heritability estimated for FCR was 0.34 and for RFI 0.31 with a genetic correlation estimate of 0.75 between them. The estimated genetic correlation of profitability (Rand-value) with FCR and RFI were -0.92 and -0.59, respectively. The genetic correlations and expected correlated responses between RFI and FCR with Rand-value suggest that indirect selection for Rand-value through direct selection for FCR and/or RFI will result in slower genetic progress in Rand-value than direct selection. However, where the Rand-value cannot be calculated and/or direct selection for Rand-value is not possible, it would be better to select indirectly for Rand-value through the use of FCR rather than RFI. Key Words: Beef cattle, Feed conversion ratio, Genetic (co)variances, Profitability, Residual feed intake South African Journal of Animal Science Vol.34(4) 2004: 257-26

Genetic relationship between feed efficiency and profitability traits in beef cattle

Genetic selection to improve feed efficiency aims to reduce the cost of feeding costs in beef cattle production and thereby improve profitability. The aim of this study was to estimate genetic (co)variances to compare residual feed intake (RFI) and feed conversion ratio (FCR) with growth, reproductive and profitability traits measured in growth tests of young bulls. The heritability estimated for FCR was 0.34 and for RFI 0.31 with a genetic correlation estimate of 0.75 between the traits. The estimated genetic correlation between profitability and FCR and RFI were -0.92 and -0.59, respectively. The genetic correlations and expected correlated responses between RFI and FCR with post-wean profitability (M-value) suggest that indirect selection for M-value through the direct selection for FCR and/or RFI will result in slower genetic progress in M-value than direct selection for M-value. However, where the M-value cannot be calculated and/or direct selection for M-value is not possible, it would be better to select indirectly for M-value through the use of FCR rather than RFI. South African Journal of Animal Science Supp 2 2004: 50-5

RELAPSING AFTER TREATMENT: EXPLORING THE EXPERIENCES OF CHEMICALLY ADDICTED ADOLESCENTS

Relapsing after treatment for chemical addiction is common, predictable and preventable, andforms part of the addictive cycle (Buddy, 2003:1; Goodwin, 2000:91-93). Against thebackground of an increase in the demands for treatment of adolescent chemical addiction, aswell as the persistently high relapse rate, the significant impact of chemical addiction on thedevelopment and well-being of chemically addicted adolescents needs to be considered by thesocial work profession, in order to plan effective intervention strategies. The purpose of thisresearch study was to explore and describe the experiences of chemically addicted adolescentswho had relapsed after in-patient treatment. Subsequently, the researcher aimed to makerecommendations for social workers, in order to prevent relaps

An investigation into perceptions and responses to conflict in intimate relationships

Prior research has examined perceptions of intimate partner violence (IPV), and how these perceptions can influence responses and help seeking behaviour (e.g. Harris & Cook, 1994). In the current study, 91 undergraduate students (n=44 females, n=47 males) attending a university in North-West England read a hypothetical IPV scenario, experimentally manipulated by victim gender and perpetrator gender, and completed situational perceptions of responses. Overall, the results indicated gender had no effect on perceptions IPV, although it did affect participant responses. Specifically, male participants were less likely to encourage victims to seek help, and were more likely to ignore the situation. Scenarios which depicted male victims were perceived by participants as less serious, and were least likely to gain intervention. The findings of the current study are discussed in light of the importance of the development of services to raise awareness of IPV among students, and provide services on campus which can provide first-hand support