With soaring petrol prices, food prices, interest rates and housing prices, we could be entering into an "age of scarcity" which could drag millions of people into poverty, according to a new book released by Oxfam.
Author of From Poverty to Power, Duncan Green, said we need to do something about it now.
"Unless we act quickly, the gap between the ‘haves’ and the ‘have-nots’ will grow uncontrollably, exacerbating existing inequalities and condemning millions more people to poverty,” said Mr Green.
The Oxfam book argues that poverty has to be dealt with from the ground up, rather than having the wealthy being the only ones to try resolve it.
“Now it is clearer than ever that the only way to end the gross inequalities that have condemned more than a billion people to linger in poverty is through a massive redistribution of power, assets and opportunities.”
Green said that success in dealing with poverty depends on how effectively we respond to the increasing impact of climate change and rapidly diminishing resources, such as oil.
“Dirty, carbon-hungry growth is no longer an option.
“Unless we can find a route to low-carbon growth then we face either catastrophic climate change or serious economic decline.”

The King of Pop could not have made a Bollywood Thriller better himself.

It's that time of the year again... Jeans for Genes Day!
It's not only an excuse to ditch everything and break the unspoken denim fashion laws (wearing everything denim at once) but also an opportunity to help the Children's Medical Research Institute.
By making a donation or simply buying merchandise today you can help to further the research needed to develop treatments and cures for genetic disorders such as cleft palette and epilepsy.
One in twenty children are born with genetic faults. That's definitely a reason to get your jeans on!

The annual National Day of Action for Same Sex Marriage will be held on August 3.
The event started in 2004, when the same-sex marriage ban was passed by the government. It is organised by Community Action Against Homophobia (CAAH) to bring attention to the inequalities in our law.
 CAAH spokesperson Emilia Lawonski told SX Magazine that “our government is clearly homophobic”.
“We deserve the same rights as heterosexual couples and we do not accept homophobia as a valid reason for the Rudd government to continue banning same-sex marriage,” she said.
Heidi Claus is a member of the Sydney University Postgraduate Representative Association and said the Rudd government has failed to deliver on many aspects such as health, education and indigenous communities.
Miss Claus said the community which wants the law to acknowledge same sex marriages will need to “fight for freedom in our relationships, not wait for the Labor Party to give them, because they won’t.”
The National Day of Action for Same Sex Marriage rally group will meet at 1pm at Taylor Square before marching to Town Hall.

For details visit www.caah.org

The crew from The Chaser's War On Everything are once again in the spotlight and paying for their APEC security stunt.
An ad for The Chaser's new DVD, to be released next month, has been banned from State Transit buses.
It features a picture of The Chaser's famous APEC security stunt coupled with a slogan which prides the incident as being "the only good thing to come out of APEC."

Click here to read the full article.

Do you think The Chaser's ad should be banned from our buses?

A Queensland security guard was given a two-year jail term today after using his walkie talkie (two-way radio) to torment a 36-year-old woman.
Stephen Russell Bain, 33, began making radio contact with the woman when he was intoxicated and apparenty "bored" at home.
She was working on a construction site nearby and shared the same radio bandwidth as him.
Bain harrassed the woman for the next seven days.
He told her he worked at a morgue and would do the same as what he does to female bodies at the morgue, to her.
Bain also told the woman that she would make a good prostitute.
He was tracked down by police via radio frequency and recorded conversations before facing court today.
Bain's lawyer could not give an explanation for his behaviour and the security guard pleaded guilty.

World Youth Day 2008 officially begins (as a week) tomorrow. Up until now the majority of people talking about the event are grumpy businessmen who need to get to work on time and excited pilgrims embarking on a religious journey. If you want to hear what our generation think about unspoken and spoken issues during WYD '08, head to the PROJECTeye website. SBS is the main media partner for PROJECTeye and they want to make sure they get right in there and report what is going on, and what is being spoken about in our crowd. The idea is grainy, raw news coming from upcoming creative contemporaries specialising in a range of media and using their skills to get into the nitty gritty of World Youth Day. The website will officially begin its news coverage tomorrow.