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Archive for July, 2018

MP targeted in New York massage scam

Monday, 30 July, 2018

Gareth Ward MP.Parliamentary Secretary for the Illawarra Gareth Ward has denied ordering a “special massage”, after reports emerged that hefell victim to a scam at a hotel in New York.
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Mr Ward has spoken to the Mercury about his “terrifying ordeal”, which happened onTuesday (New York time) while staying at the Intercontinental Hotel on a “self-funded holiday”.

“My first thought [was] there could be a knife, there could be a gun,” he told the Mercury, speaking from Canada, where he is attending a conference for parliamentarians with a disability.

“I was terrified, I was absolutely terrified.”

The New York media reported that Mr Ward, had ordered a “special massage”.

“A short time later, the Liberal Party member — who has a form of albinism and has been legally blind since birth — opened his door to find two males standing in the hallway,” New York Post reports said.

However, Mr Ward has said“claims [about] requesting aspecial massage are untrue”.

“I requested a normal massage as people on holidays will often do,” he said.

“The media has accused me of all sorts of things this morning.

“I am just holding my steadfast cool because I know I have done nothing wrong.”

Mr Ward said the men who arrived in his roombegan shooting video on a phone while telling himthey were underage and threatened him if he didn’t pay $1000.

“I asked for a massage – but when it became clear that more was [on] offer, I asked them to leave,then they became aggressive demanding money,” he said in a statement.

“I reported the matter to police and the matter is subject to investigation.”

He said police told him this kindof scam “happens all the time” and was not unusual.

He said he did not know if the “scammers” had targeted him because he was an Australian politician.

Illawarra Mercury

So much to do, so little time

Monday, 30 July, 2018

Good Morning Australia: Sunrise as seen from the Crowne Plaza at Coogee Beach. Pictures: Jim KellarA weekend getaway means different things to different people.
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At 6.30am on Sunday, July 30, it was time to wake up, my better half decided, to see a spectacular winter sunrise on the east coast of Australia.

And so I did, meandering a few metres from the comfort of my bed in a ocean-view unit at the Crowne Plaza in Coogee, to join her on to the verandah. Over the next 30 minutes the slight amber beacon on the horizon grew into a fascinating blue sky. It was chilly, but mentally invigorating. A moment beyond words, really.

Timing is everything, isn’t it.

We had been to Coogee several years ago for a weekend, and loved it so much we vowed to return. But life gets in the way, and so do the many weekend getaway options within a day of Newcastle.

But reacquainting ourselves with this choice beachside suburb, we found it even friendlierand more fun thanour previous visit.

The Crowne Plaza had not changed much; it’s a grand hotel from another era. But staff were engaging, the dining options excellent and the vibe welcoming.

A mezze plate at the Crowne’s Oceans dining room and bar with a bottle of Tatachilla shiraz cabernet settled us in on Friday night perfectly, complemented by a shared apple strudel for dessert. We were particularly impressed by the eggplant schnitzel dish, later making it at home.

The busy tourist district was too bustling not to explore. We walked the beach in the afternoon and returned again that evening, heading to the north end, our curiosity piqued by the reborn Coogee Pavilion run by the Merivale group. The pavilion was hopping: families running amok in the games area (table tennis and petanque), couples schmoozing in the bars, pizza front and centre, coffee if want, even an oyster bar, with bigger action upstairs.

The pavilion has certainly upped the ante in the neighbourhood. Get it right or get out.

That said, the next night we found Annie’s, a long-time local kitchen on Beach Street, featuring Italian fare that had survived changes in ownership through the quality of its food. The pizza and pasta were superb, the BYO option making it even better. The takeaway was walking out the door, but inside dining was warm, even a bit cheesy.

But you can’t keep eating if you don’t walk it off. We had done the rightfully popular Coogee to Bondi ocean walk before, so this time we only partook in a portion of it, before snatching a cool coffee at CafeSalina in Bronte. It was a stunning winter’s day, and if you just landed from Mars, you might have thought it was the middle of summer judging by the crowds in and out of the water.

The man-made environment is almost as fascinating as the natural wonders, with architect-designed glass and sandstone pads tucked in among vintage dwellings.

On Sunday I explored the coastal walk south of Coogee beach. It was busy with regulars, and lots of dogwalkers. The boardwalk trail traversed rockier terrain, and the historical signs gave strong clues on what the territory used to look like. Times do change, and perhaps for the better, with the commitment to public coastal access to be appreciated.

Little time was spent on the busy Coogee Bay Road commercial strip, although I did make the effort to case it out for future reference. It has a plethora of eateries and coffee houses, catering to every variety of clientele.

My favourite place on the strip: Maloney’s Supermarket, full of natural food and juices, and strong on fresh options.

My favourite boutique shop: Black Boho on Carr Street –great coffee, and trendy clothes at reasonable prices.

Take note, the breakfast buffet option at the Crowne Plaza is of the same high standard found at their other hotels –with a wide variety of hot offerings and fresh fruit. You can get barista-made coffee andchefs will cook eggs to your liking.

The writer was a guest of Crowne Plaza Coogee Beach.

Ross Jones Pool: Adjacent to Coogee Bay Surf Life Saving Club.

Coastal walk: Looking north from South Coogee.

Tim Cook is selling $54m Apple shares at a weird time

Monday, 30 July, 2018

Sharemarket investors are over the moon about the prospects for Apple’s next iPhone. But the company’s top executive isn’t sending the most bullish signal.
Nanjing Night Net

Apple CEO Tim Cook in recent days sold about $US43 million ($54 million) worth of company stock, according to a regulatory filing, reflecting a sale of all the net shares he was awarded last week for his job performance.

It’s a nice time for Cook to get handed a big batch of Apple stock. Shares hit an all-time high on Tuesday and have climbed 41 per cent so far this year.

But it might not be the greatest time to sell Apple shares, if you believe the company is on the cusp of (further) greatness.

Apple in a couple of weeks will introduce the latest iPhone models, including a hotly anticipated new version with a brighter screen that covers more real estate. There’s huge anticipation this new model will unleash a frenzy of fresh iPhone sales.

Ahead of this gadget debut, none of the stock analysts who follow Apple recommend investors sell the company’s shares, according to Bloomberg data. Cook didn’t listen to them.

I am reluctant to make too much of corporate executives’ stock transactions. It’s tough to know if someone needs cash to make college tuition payments or has his eye on a really big boat. Cook also sold shares valued at about $US65 million at this point last year, when he got his prior annual stock payout. He didn’t sell shares from the annual stock awards in 2015, 2014 or 2013, according to regulatory filings.

Cook’s recent stock sales, like most if not all of his prior transactions, were conducted under a preset stock-trading arrangement, which in theory gives him less wiggle room to time stock trades to his advantage. Cook is likely to collect millions more in Apple stock in coming years.

Still, it isn’t meaningless when the CEO sells a chunk of his shares weeks before what could be a blockbuster new iPhone hits the market. Cook knows Apple’s prospects better than anyone. (Or does he?)

Cook’s recent stock sales could be well-timed, if Apple shares stick to a pattern of rising before the introduction of a new iPhone and stagnating or falling in the months afterward.

Data compiled by Bernstein Research show Apple shares rose an average of 16.1 per cent in the six months before the launch of new iPhones from 2008 to 2016. In the six months after those iPhone introductions, Apple shares rose 4.1 per cent, on average, according to the Bernstein analysis.

Hewing to the first part of the pattern, Apple has been on a tear before next month’s expected introduction of new iPhone models. The share price has climbed 16.5 per cent in the past six months — close to the share gain in the same stretch before the 2014 debut of the iPhone 6, which turned out to be a hit. Shares continued to rise 25 per cent in the six months after that iPhone 6 launch, as it became clear the popular device catapulted the company to a new level of growth and profits.

Not even Apple’s biggest optimists expect the company’s revenue to rise 28 per cent, as it did in the fiscal year after the iPhone 6 launch. But sales are expected to jump in the next year, as Apple loyalists with older phones splurge on a new type of iPhone that is expected to cost $US1,000 ($1,263) or so. Analysts on average expect Apple’s total revenue to climb 15 per cent in the fiscal year ending in September 2018, the fastest growth since the lift from the iPhone 6 sales surge.

If stock investors do take their Apple stock windfall and go home after the new iPhones debut next month, at least they’ll know they have good company. The boss did it, too.


This story Administrator ready to work first appeared on Nanjing Night Net.

A farewell for Fiona Richardson

Monday, 30 July, 2018

A farewell for Fiona Richardson Fion Richardson, remembered in state parliament a week ago, will be farewelled at a state memorial service in Northcote today. Photos: Rob Gunstone, Joe Castro
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TRAILBLAZER: Victoria will celebrate the contribution of Victorian Minister for Women and the Prevention of Family Violence, Fiona Richardson. Picture: ROB GUNSTONE

Centre for Non Violence CEO Margaret Augerinos

Annie North CEO Julie Oberin

TweetFacebookREMEMBERINGFIONA Rosie Batty, Premier Daniel Andrews and Fiona Richardson, Minister for the Prevention of Family Violence, at the release of the report by the Royal Commission into Family Violence at Parliament House. Photo: Eddie Jim.

A state memorial service will be held at 10.30am on August 31 in Northcote, to celebratethe contribution made byMs Richardson, who passed away last week aged 50 after a prolonged battle with cancer.

Her death came justa day after announcing she would not re-contest her seat at the 2018 election,to focus on her health.

Thousands are expected to gather in Melbourne to remember a woman premier Daniel Andrews said “knew no fear and tolerated no prejudice’’.

“In fighting for her community, in standing up for thesafety of women and children, and in seeking the power of government and all its vast possibilities, Fiona not onlylived her values, she demanded the same of us all,’’ he said.

“Before she had even stepped foot in Parliament, she had busted the party’s sexist back rooms and committeeswide open.

“Under her watch, a dark and silenttragedy was brought into the harsh and unforgiving light of a Royal Commission – and the two thousand pages ofthat Commission’s final report are her greatest legacy to public life.’’

Many across the state will also be pausing to reflect on their own memories of the Minister for Women and Minister for Prevention of Family Violence, and how she changed lives.

It is my sad and solemn duty to confirm that Fiona Richardson has passed away at the age of 50. https://t.co/ZocuYFJwK7

— Daniel Andrews (@DanielAndrewsMP) August 23, 2017Bendigo Advertiser in August, 2016, theCentre for Non-Violence wasbeing looked at as a best practice model that couldbe rolled out acrossthe state.

Rosie Batty, Premier Daniel Andrews and Fiona Richardson, Minister for the Prevention of Family Violence, at the release of the report by the Royal Commission into Family Violence at Parliament House. Photo: Eddie Jim.

She said the centre was regarded as a leader andoffered “a model that could be easily replicated in other communities around Victoria” following recommendations to come out ofthe Royal Commission into Family Violence.

“I’m particularly excited by their approach and particularly the good outcomes they deliver for women and children,’’ Ms Richardsonsaid.”So, how we can learn from that and learn from their innovation in particular and the take that model and road test it in other parts of the state is a critical part of the work we’re doing.

“Most hub services will separate out the perpetrator from the victim or they won’t have perpetrator responses at all, whereas the centre takes anholistic view and never loses sight of the child in that work. As a consequence of that rather sophisticated approach, it gets better outcomes for familiesand women and children in particular.”

Ms Augerinos said MsRichardson led her portfolio with a “quiet and insistent determination that our system had to do more, and be more effective in both responding to, and preventing family violence’’.

“She was also a wonderful advocate for specialist women’s services and for the experience of victim/survivors. That she herself was a survivor of violence made her capacity for advocacy even more meaningful,’’ she said.

“We will miss MsRichardson immensely, however the legacy she leaves behind is the landmark 227 Royal Commission into Family Violence recommendations which are being implemented in full.

Margaret AugerinosThe state memorial service will be live streamed from 10.30am on vic.gov419论坛. Ms Richardson’s family has asked that onthe day of the service, people wear something purple. They also welcome cards reflecting on Fiona’s life. In lieu of floral tributes, consider making adonation to the Safe Steps Family Violence Response Centre or the Luke Batty Foundation.If you or someone you know is impacted by sexual assault or family violence, call 1800RESPECT on 1800 737 732 Julie Oberin

Bendigo Advertiser

‘Not a special massage’: NSW MP Gareth Ward caught up in NYC blackmail

Monday, 30 July, 2018

MERCURY NEWS MT KEIRA UPGRADE GARETH WARD Photo shows Gareth Ward at the top of Mt Keira where an upgrade will take place. Photo by Georgia Matts 24/3/2017A NSW MP has avoided a blackmail attempt by two New York scammers who offered a “special massage” and threatened to tell the authorities they were under age.
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Kiama MP Gareth Ward has spoken of the “terrifying” ordeal which unfolded when he booked a “normal, standard massage” online but two young men turned up to his hotel threatening to blackmail him.

“It was terrifying,” he said. “As soon as I could I made a break and ran to the front desk and they called the cops.”

The 37-year-old was staying at the Intercontinental Hotel on 44th Street near Broadway on a personal break before attending a conference in Canada when he booked the massage on Tuesday evening.

Two young men came to his door and started to film the MP on a mobile phone.

They demanded money, threatening to tell the authorities they were minors.

“They said to me, ‘We’re under age, we’ll put this on the internet unless you give us money’,” Mr Ward told the ABC.

Mr Ward said he told the men he had no cash and asked them to accompany him to an ATM downstairs.

The parliamentary secretary, who has albinism and is legally blind, went down to the front desk of the hotel and reported the incident to a staff member who contacted police.

The two men fled the scene and police are looking for them.

Mr Ward confirmed the matter is being investigated by the New York Police Department and denied a report he had ordered a “special massage” which implied sexual services.

“It’s not true,” he said. “I did not ask for a special massage. I’d been walking all day and people often ask for massages when they travel.”

Mr Ward declined to detail how he found the contact details to order the massage, saying: “I’ve given all that to the police”.

“I’ll wear the embarrassment,” he said. “I know what people are going to think.

Mr Ward was in New York on his way to Canada where he is attending a conference for parliamentarians with a disability, funded by the Commonwealth Parliamentarians Association.

This story Administrator ready to work first appeared on Nanjing Night Net.

Deloraine community ‘in shock’

Monday, 30 July, 2018

A community is in shock after a young girl was shot in front of her four-year-old cousin at Deloraine.
Nanjing Night Net

The 11-year-old girl is recovering at the Royal Children’s Hospital in Melbourne after a 25-year-old man allegedly shot her in the face following a dispute between his girlfriend and the victim’s mother.

Meander Valley Mayor Craig Perkins said the “tragic incident” had impacted people throughout the region.

“It’s a typical rural community, people are well-connected and it will have an impact beyond the immediate family,” he said.

Deloraine community ‘in shock’ TweetFacebookPictures: Neil Richardson“One good thing is that small communities rally around each other. We wish the young girl a quick recovery and that she receives the support she needs and the family is also supported.”

Neighbours who were nearby during the alleged incident said they were still shaken up the following day.

RELATED STORY:11-year-old Deloraine girl shot in face after alleged dispute

One neighbour said it was “daunting” to have the shooting happen so close to home.

Another was home with his two young children when he heard “yelling” and saw “police everywhere”.

“I was so shaken up I couldn’t even take the girls to school,” he said.

The young victim’s classmates at Deloraine Primary School are also receiving support.

​The Education Department released a statement on Wednesday following the incident in Stagg Court about 9pm Tuesday.

“This is a terribly sad time for the family and the school community,” a spokesperson said.

“The department is ensuring professional support is being provided to all students and staff who may be affected.

“All schools have measures in place to ensure the welfare of staff and students is prioritised during difficult times such as this.”

The school has about 370 students from 250 families living in the surrounding rural areas.

Messages of support for the young girl and her family were shared online.

Tameaka Sheridan Parker said she was sending her love to “these poor children”.

“I hope this little girl makes a full recovery,” she said.

“My prayers go out to the family, poor little girl. I hope she recovers but it will be a long rehabilitation for her psychologically,” Michelle McGurk said.

“Thinking of the girl and her family, wishing her a speedy recovery. The Melbourne kids hospital is amazing you’ll be in good hands there,” Kel Baxter-Tomkins said.

The incident at Deloraine was just days after a three-year-old girl shot herself in the neck with her father’s gun in New South Wales.

The toddler died and her father was charged with firearm offences.

Both tragedies gained national media attention and sparked debate about firearm laws.

The gun allegedly at the centre of the Deloraine shooting has not been recovered.

Deloraine man Nathan Campbell was arrested by police on Tuesday night.

He was charged with causing grievous bodily harm and recklessly discharging a firearm.

He appeared in the Launceston Magistrates Court on Wednesday afternoon, but did not enter a plea.

Magistrate Simon Brown remanded him to reappear on Friday.

Family and friends called out “love you, Nathan” as he was taken back into custody.

Investigations into the incident are continuing with police still seeking witnesses to both the incident at Woolwoorths and the shooting at Deloraine.

Anyone with information should contact Tasmania Police on 131 444 or Crime Stoppers on 1800 333 000.

The Examiner has chosen not to reveal the identity of the 11-year-old girl out of respect for her and her family.The Examiner

Diana, 20 years on: a nation pours out its grief

Monday, 30 July, 2018

HOWARD.970901.PHOTO BY ANDREW MEARES.CANBERRA.FAIRFAX… PM JOHN HOWARD signs a condolence book for the late Diana, Princess of Wales at the Governor General’s House Canberra.First published in The Sydney Morning Herald on September 2, 1997
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More than 800 people gathered in Sydney yesterday for a Mass offering prayers for Princess Diana, while in Canberra her death overshadowed Parliament.

Political leaders paid tribute, and both the House of Representatives and the Senate went into suspension for an hour as a mark of respect.

During the service at St Mary’s Cathedral yesterday some people wept, while others lit candles to mark the lives of those lost in the crash.

In Canberra, the Prime Minister spoke of the “event that has stopped the world”; the Opposition Leader, Mr Beazley, veered close to tears.

A number of senior parliamentarians left Parliament House during the day to sign special condolence books set up at the British High Commission and at Government House.

Mr Beazley, like other MPs, chose to write a short message of condolence in the High Commission’s book: “With great sorrow and deepest sympathy to her family.”

Mr Howard chose to write simply: “John Howard, Prime Minister.”

The Dean of St Mary’s, Father Tony Doherty, who led the 45-minute service in Sydney, said the sense of loss and confusion at the deaths had been felt deeply.

“That sense of loss and confusion has reverberated probably through this whole nation,” he said. “This woman’s life has touched our lives.”

The congregation, which usually number between 30 and 40 for the 1 pm Mass, heard readings by two St Mary’s Cathedral School students before Father Doherty read from the gospel according to Luke.

In his homily, Fr Doherty told the congregation that Diana’s death had “touched unfathomable depths” and “stirred deep waters” for all Australians who had watched her blossom from a shy young girl into a young woman of courage and compassion. In Canberra, the Deputy Prime Minister, Mr Fischer, spoke in the House of how the world media had reinvented Lady Diana Spencer as a “fairytale princess”.

“It is one of the tragedies of a short life that the media, having created the myth around her, then expected her to live on that myth in the full glare of constant and unremitting publicity,” he said.

However, he said it was “admirable” that Diana had found a way to use the intense media interest to give a huge boost to the charitable causes she supported. Mr Howard, Mr Beazley and Mr Fischer, speaking to a condolence motion before the House of Representatives, all drew attention to Diana’s charitable work.

Mr Howard described her as “a beautiful and stylish woman” who had been patron to a wide variety of causes: those with AIDS and leprosy, the victims of landmines, and charities helping people suffering blindness, deafness, cancer, Parkinson’s disease, lung disease, nervous diseases and meningitis.

“Diana was a person who captured our imagination,” Mr Howard said.

Mr Beazley said although it was not uncommon for members of the British aristocracy to associate themselves with charitable work, the charities she chose were most uncommon.

“HIV/AIDs sufferers went for many years unrecognised and then, when recognised, despised. When she took up their cause, they were still despised. They are not now.

“I think it was probably a surprise to many of us that we missed her. It was a surprise to me when it occurred yesterday.

“All of a sudden you realise that all that service of hers, all those images of her in those circumstances in which she chose to place herself, all came home.”

Scores of people were drawn to the British High Commission, down the hill from Parliament House, throughout the day. Many brought bouquets, and most signed the condolence book. Some of the messages were elaborate, and most expressed sorrow for Diana’s two sons, William and Harry.

The simplest of all messages was from two children. It read: “Sorry.”

One of those who attended the service at St Mary’s, Ms Carol Lane, from St Peters, said she was devastated by the news.

She was especially sad for Mr Mohamed Al-Fayed, who buried his son. “My heart goes out to Mohamed … for that man to lose his most prize possession – his beloved son … for all his wealth he has nothing.”

Ms Joanne Catalano, from Lugarno, said she was neither a republican nor a monarchist but she had felt a closeness to Princess Diana.

“This woman, you just knew her. I feel like someone we knew died,” said Ms Catalano.

Ms Malisa Frazer, 19, said the death of Princess Diana had made her think for the first time about death.

“It’s not so much Diana – it’s just death. It’s never really touched me in this way before.

“I thought she would be someone who would be there forever. She is gone now, and it has shaken me.”

Speaking after the service, Father Doherty said: “Diana has been a figure that has touched this whole globe.

“There have been people on the telephone to me this morning in tears, even a bit surprised and embarrassed, that they were crying – they didn’t know Diana, they weren’t the royal watchers.”

First published in The Sydney Morning Herald on September 2, 1997

This story Administrator ready to work first appeared on Nanjing Night Net.

[email protected]: $A retreats, ASX set for flat start

Monday, 30 July, 2018

The information of stocks that lost in prices are displayed on an electronic board inside the Australian Securities Exchange, operated by ASX Ltd., in Sydney, Australia, on Friday, July 24, 2015. The Australian dollar slumped last week as a gauge of Chinese manufacturing unexpectedly contracted, aggravating the impact of declines in copper and iron ore prices. Photographer: Brendon Thorne/Bloomberg MARKETS. 7 JUNE 2011. AFR PIC BY PETER BRAIG. STOCK EXCHANGE, SYDNEY, STOCKS. GENERIC PIC. ASX. STOCKMARKET. MARKET.
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Stock information is displayed on an electronic board inside the Australian Securities Exchange, operated by ASX Ltd., in Sydney, Australia, on Friday, July 24, 2015. The Australian dollar slumped last week as a gauge of Chinese manufacturing unexpectedly contracted, aggravating the impact of declines in copper and iron ore prices. Photographer: Brendon Thorne/Bloomberg

Provocative moves in the equities and currency market at the start of the week seem to have fully deflated through the end of this past session. Neither invocations of monetary policy tide change nor North Korea-spurred global crisis nor questions over stretched economic expectations have revived concerns in the speculative rank. The long and short of it

1. Playing it safe: Global equities have staved off critical breaks and drifted comfortably back into their ranges, volatility measures – while off the lows of the past two months – remain anchored to exceptionally low level, and favoured ‘risk’ assets seem to have shifted to cruise control. Rather than attached this restraint to a specific fundamental them, it is more likely that we are seeing the product of underlying conditions of complacency that translate into reticence for producing large speculative moves. If that is the case, the rest of the week may tease but never realise full trends as the final week of August carries the assumption of Northern Hemisphere holiday trade.

2. Wall Street: US indices followed the trend of moderate gains pioneered through European and Asian session market performances before it. Performance in New York seemed to favor speculative amplitude. The tech-heavy Nasdaq Composite led the way with a 1.05 per cent advance that cleared out the serious of lower highs seen since the July 27th peak. With a 0.5 per cent gain of its own, the S&P 500 has offered little additional conviction to the bulls and the impression of a head-and-shoulders pattern still overbearing. The weakest of the performance was registered by the blue-chip comprised Dow Jones index which registered only 0.1 per cent gain and didn’t bother to clear the past two-weeks’ highs. It seems the late-in-the-session remarks made by President Trump on tax reform did little to inspire the same enthusiasm afforded in previous months.

3. What is motivating the dollar rebound: With the exception of the British Pound, the Dollar was this past session’s best performing major currency. Yet, where is this reprieve originating? There was a range of fundamental developments that could have played a role in the currency’s recovery. On the data front, the ADP private payrolls figure handily beat the consensus forecast (237K versus 185K projected) which serves as a possible footing for NFPs on Friday and further a revival for Fed rate forecasts. Yet, the rebound gained most of its ground well before the data dropped. That would further preclude an explanation that the remarks made by the President on proposed tax reforms – such as lowering the corporate tax to a competitive 15% – before the close was similarly lacking. Playing the roll of a ‘carry currency’ that can advance alongside the likes of equities seems more believable, but that position likely carries far less weight than it had before 2017’s rout. Most likely, the motivation is simply practical: pressure easing before the DXY commits to a full technical breakdown which would likely flounder moving into holiday trade. Complacency and liquidity can work both ways.

4. A forecast for scattered data: The economic docket looks like a Doppler radar with plenty of noteworthy event risk. Yet, that doesn’t necessarily make for a foundation of definitive volatility. This past session offered up Japanese retail sales, Aussie construction activity for the 2Q (which significantly bested expectaitons), Eurozone economic sentiment (a decade high) and the US private payrolls figure from ADP. Ahead, we have another round with Japanese industrial production, Australia new home sales, Chinese PMIs from the government, Euro-area inflation and the Fed’s own favoured inflation measure (the PCE deflator). There are a variety of themes this will hit upon including growth, keeping bubbles (housing) inflated, rate forecasting and more. Yet, that doesn’t ensure strong market response. Investors have grown numb to a lot of fundamental pressure. It takes much more to strike a nerve, and traders should approach event-trading with a healthy dose of skepticism for impact.

5. Australian dollar: The Aussie Dollar offered little motivation for FX traders one way or the other this past session. Without a determined drive to risk trends, the carry standing for the currency would provoke neither bulls nor bears. While the previous quarter’s construction report was remarkable, there seemed little appetite to throw confidence behind growth that has hearty support from a likely bubble. After hitting as high as US79.93 cents on Wednesday, the currency retreated overnight back towards the US79c mark. We’ll see whether the local currency remains aloof as we build speed into the second half of the week. Second quarter capital expeditures and July home sales will struggle to move the needle alone. Instead, we should keep an eye on any ‘risk appetite’ moves seeping into the FX market for guidance.

6. ASX: Wednesday’s ASX session was generally positive through its close, but the deep 5.7 per cent drop in the telecommunications sector tumble lead by Telstra after NBN rejected a revenue proposal that would have been worth $5 to 5.5 billion. A similar single-share shock doesn’t seem to be on the offing at least before Thursday’s open. And so, futures point to a very modest reprieve; but it is hard not to notice how close we are to the floor of the past three month’s range.

7. Commodities: Oil prices continue to flounder as refining in the US is hobbled by Hurricane Harvey. With nearly a quarter of the United States’ capacity to convert the raw crude into its more productive components, the structural supply glut is getting an unwanted seasonal add on. Meanwhile, gasoline futures in the US are the highest in over two years – which sends the ratio of gasoline to crude prices to its highest reading on records going back over three decades. Elsewhere, gold seems to have lost the drive to keep pushing after its high profile 1,300 break. Its timing and movements look like a mirror of the Dollar’s, which further highlights the commodity driver that is likely most important in these markets: the volatility of the primary pricing tool.

8. Market Watch:

SPI futures up 2 points to 5652

AUD -0.65% to 0.7900 US cents

On Wall St, Dow +0.10%, S&P 500 +0.44%, Nasdaq +1.03%

In New York, BHP -0.48%, Rio -0.37%

In Europe, Stoxx 50 +0.46%, FTSE +0.38%, CAC +0.49%, DAX +0.47%

Spot gold -0.09% at US$1308.00 an ounce

Brent crude -2.31 % to US$50.80 a barrel

Iron ore -0.36% to US$88.979 a tonne

Dalian iron ore at 588.5 yuan

LME aluminium (cash) +0.87% to $US2084.75 a tonne

LME copper (cash) +1.85% to US$6772.00 a tonne

10-year bond yield: US 2.14%, Germany 0.36%, Australia 2.68%

This column was produced in commercial partnership between Fairfax Media and IG

This story Administrator ready to work first appeared on Nanjing Night Net.

Shorten on attack as toll strikes fifty

Monday, 30 July, 2018

Shorten on attack as toll strikes fifty Jenny and Terry Robinson. Picture: Max Mason-Hubers
Nanjing Night Net

Eric Moxey. Picture: Raymond Terrace and District Historical Society.

Irene Jordan. Picture: Max Mason-Hubers

Luke Jordan. Picture: supplied.

Lorelei Sneddon. Picture: supplied.

Warren Munro. Picture: supplied.

Leslie “Tex” Facer. Picture: supplied.

Michelle Gilchrist. Picture: Simone De Peak

Colin Northam. Picture: supplied.

Suzanne Quick. Picture: Marina Neil

Raeleen Russell. Picture: Simone De Peak

Neville Haywood. Picture: supplied.

Boronia Howell. Picture: supplied.

Ted Howell (senior). Picture: supplied.

Ted Howell (junior). Picture: supplied.

Danielle Proctor. Picture: supplied.

David Vial. Picture: Max Mason-Hubers

David Gordon. Picture: supplied.

Judy Gordon. Picture: supplied.

Greg Waters. Picture: supplied.

Nancy and Gary Price. Picture: supplied.

Karen Price. Picture: supplied.

Craig Coombes. Picture: supplied.

Ken Graham. Picture: supplied.

Patricia Olsen. Picture: supplied.

Terry Olsen. Picture: supplied.

Des Maslen. Picture: Stephen Wark

TweetFacebookNewcastle Heraldput questionsto the office of Prime Minister Malcolm Turnbull on Wednesday,but received no response.

Cabbage Tree Road runs parallel to the Williamtown RAAF base, and has been heavilypolluted with toxic per- and poly-fluoroalkyl[PFAS] chemicals used infirefighting drills by Defence for more than three decades.

The 50th cancer case in the last 15 years has become Charlie Campbell, who died of a brain tumour last year at the age of 75.

Liz Campbell remembers discovering something was wrong with her father-in-law whenthey asked him to hold a newborn baby and he was too weak. Within a fortnighthe was admitted to hospital, scans showing he had a rare form of brain cancer.

“They tried to operate but it was too deep,” Ms Campbellsaid.

Ms Campbellcontacted theHeraldafter “many sleepless nights” for her and her husband, Greg. The couple aredebating whether they should paya second mortgage so they can taketheir three daughters, aged between threeand 11, out of the red zone.

“Wefeel very lost,” she said. “We don’t want to end up having no money to pay bills or buy food while we’re paying two mortgages. But we don’t want to get to the point where we go: ‘we should have moved’.”

Charlie Campbell lived in Shortland but travelled to his son’s 20-acre Cabbage Tree Road property nearly every day for 15 years before he died. He looked after the family’s trotters: feeding them, watering them and washingthem down.

The horses swim in a dam on theproperty and some of their foals have died unexpectedly. The family also had three dogs “just drop dead” at a young age.

Ms Campbell believes her father-in-law would have wanted to be included in investigations into a potential cancer cluster.

“Up until he stopped talking, when he went to the hospice, he used to say to me,what’s going on with that water? It worried him. He said you need to get the kids out of there,” she recalled.

One Nation senator Brian Burston said he had been “extremely disappointed” at the responsewhen he questionedthe head of the government’s PFAS taskforce, Senator James McGrath, over the cancer investigation.

“When I read Senator McGrath’s response, which included the line – ‘there is currently no consistent evidence that exposure to PFAS causes adverse human health effects’- I almost fell off my chair,” Mr Burstonsaid.

“I am livid at the lack of action and lack of compassion being shown by these muppets in government to the severely affected community …this response is basically calling the community hypochondriacs,” he said.

Students tell stories through Wakakirri dancevideo

Monday, 30 July, 2018

GRACEFUL: The aim of Wakakirri is to teach students about themselves and others by having them create and share stories through performance. Students from Hunter schools will share their stories through dance in the annualWakakirri national arts event next week.
Nanjing Night Net

Wakakirri, in its 25thanniversary year,is the largest performing arts event for schools in Australia.

It involves more than 20,000 primary and secondary students from 240 schools.

The students perform aWakakirri story dance –a three to seven minute performance–which theatrically tells a story using a combination of dancing, acting and creative movement to pre-recorded music.

Schools can tell any story and use any combination of dance, creative movement, acting, music, props, costumes, sets, and in some cases, film, projections and singing.

Story dances this year deal with themes including mental health, bullying and the price of fame.

Works range from wholly original stories to book adaptations and classic tales reworked.

“The most exciting thing about Wakakirri is seeing the kids so positively engaged and witnessing all of their hard work creating amazing stories,”festival director Adam Loxley said.

“Children travelling from school and performing at a professional theatre is something they may only experience once in their lives and is certainly a highlight for many kids when they reflect on their time at school.”

Port Stephens students, along with those fromCessnock, Tarro andWallsend South public schools plus Lambton, Kurri Kurri high schools andTuggerah Lakes Secondary College Tumbi Umbi Campus, will perform their dances at Civic Theatre, Newcastle on Wednesday, August 30.

From this performance, the schools have an opportunity to progress to the awards phase of the event andperform in front of a panel of industry professionals.

Tickets to see theWakakirri performance at Civic Theatre, available fromcivictheatrenewcastle南京夜网419论坛 or by phoning4929 1977, cost $35 per person.

The show begins at 7.15pm.