#AceFinanceNews- BRITAIN: The new simple flat rate state pension isn’t simple – or a flat ra te as you first were told – @AceFinanceNews

#AceFinanceNews – April.30: The state pension has changed. In what was hailed as the biggest ever shakeup to state pensions, from 6 April this year, the system of having a basic state pension plus an optional and variable top up was switched for a far simpler version – with one flat rate of £155.65 per week for everyone.

So far, so simple. However, as with everything in the world of pensions, if you’re going to really understand what it means for you, you need to go past the simple headline to the slightly more complex truth.

There are seven things you need to know about the new state pension.

Seven things you need to know about the new state pension – AOL Money UK

http://money.aol.co.uk/2016/04/21/seven-things-you-need-to-know-about-the-new-state-pension/

State Pension – GOV.UK

https://www.gov.uk/browse/working/state-pension

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AUSTRALIA: Wants to Prevent: ‘ 1% of ALL Land Mass Grab ‘ by China as its is being sold as a “single aggregated asset,” so it’s difficult for Australia bidders to compete for the company, acco rding to the Financial Times – @AceFinanceNews

#AceFinanceNews – April.30: Australia Is Blocking China From Buying 1% of Its Landmass

Australia really doesn’t want the Chinese to own a big chunk of its land. In the latest chapter in a protracted back-and-forth over the sale of Australian company S. Kidman & Co.

Australia’s treasurer said Friday that he is poised to block a Chinese consortium’s bid to buy the agricultural giant. Scott Morrison told Dakang Australia Holdings, which is led by Shanghai Pengxin Group, that he is concerned with the “size and significance” of the $285 million purchase of what equates to 1% of Australia’s landmass. Because Kidman is being sold as a “single aggregated asset,” it’s difficult for Australia bidders to compete for the company, Morrison said, according to the Financial Times.

Kidman, a family-owned business, was founded in 1899 by so-called cattle king Sidney Kidman. It controls more than 11 million hectares of pastoral leases and owns about 185,000 cattle. The preliminary decision by Morrison to reject the deal is the second time he’s snuffed out a Chinese bid for Kidman. In the first instance, four separate groups linked to Chinese-based investors had been vying for all of the Kidman property –2.5% of Australia’s total farming land that was roughly the size of Kentucky.

Morrison put the kibosh on that sale because a large part of the land was within the Woomera Prohibited Area, a weapons testing site in the state of South Australia.

Editors Notes:

I would remind you that this blog is produced free for the public good and you are welcome to republish or re-use this article or any other material freely anywhere without requesting further permission.

News & Views welcome always published as long as NO bad language or is not related to subject matter.

Thanks for following as always appreciate every like, mention , reblog or #tweet also our newspaper is added with all our posts daily:

BreakingMain NewsFinanceWorldSocialFoodHistoryBritainScotlandFriendsAuthors#TweetPC-HelpNewsroomChatShop & ShareDisability — more to come.

@AceNewsServices

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#AceFinanceNews – Exxon’s first quarter profit at lowest for 16-years as it plunges 63 percent on lower #oil prices – AP – @AceFinanceNews

#AceFinanceNews – April.30: Exxon’s 1Q profit plunges 63 percent on lower oil prices

DALLAS (AP) — Exxon Mobil produced its weakest quarter in more than 16 years as lower #oil prices pushed its profit down by 63 percent.

Editors Notes:

I would remind you that this blog is produced free for the public good and you are welcome to republish or re-use this article or any other material freely anywhere without requesting further permission.

News & Views welcome always published as long as NO bad language or is not related to subject matter.

Thanks for following as always appreciate every like, mention , reblog or #tweet also our newspaper is added with all our posts daily:

BreakingMain NewsFinanceWorldSocialFoodHistoryBritainScotlandFriendsAuthors#TweetPC-HelpNewsroomChatShop & ShareDisability — more to come.

@AceNewsServices

AceTweetNews : Main & Breaking Here