Private philanthropy in Australia grew 44% last year. (Adelaide Advertiser, 15/7, p. 7) David Gonski, Chancellor of UNSW, is preparing a campaign for donations to the University. In the US, universities are much better endowed, not because of better tax breaks but a greater philanthropy culture. Harvard, for example, has $US25b foundation.

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IR is still firmly on the political agenda. The ALP has made its IR policy public, a leaked document from the Australian Chamber of Commerce and Industry (ACCI) provides evidence of one employers’ body pushing for even further changes to WorkChoices, the States are brush-ing up their legislation on a number of fronts and there are a number of protests that tem-porary work visas are being used to drive wages down rather than make up the shortfall in skills.

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Last issue we looked at types of Codes of Conduct. In this, we continue to look at some of the details behind Codes of Conduct, courtesy of two recent events. The Horticultural Sector say they have been promised a mandatory code and now the Government says that the existing voluntary one is working well. Soft drink manufacturers have re-vamped their code as a contribution to confronting the growing problem of childhood obesity.

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If money is nothing more than a means to an end, what’s important about money to you? "Freedom – being able to do whatever I want to do, whenever I want to do it” is a fairly frequent response. But not always.
Justin Hooper

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