南京夜网,南京桑拿论坛,南京夜网论坛 Powered by Ally!

Author Archive

What you need to know about Prime7’s new reruns channel

Saturday, 13 July, 2019

Thank goodness the latest season of Game of Thrones finished this week.
Nanjing Night Net

At least now viewers will have time in their crammed television viewing schedules to flick over to 7flix for reruns of Diff’rent Strokes. Or eight repeats of The Big Bang Theory back to back. Or “encore” episodes of Home & Away.

With free-to-air TV beset by falling audiences and advertising and besieged by ad-free, binge-friendly streaming services like Stan, Netflix and Foxtel Now, it seems almost quaint for regional broadcaster Prime7 to be turning on a new channel in 2017.

But at 6am on Sunday September 3, the Network Seven affiliate will flick the switch to 7flix on channel number 66 in its east coast markets in Victoria, NSW, the ACT and the Gold Coast.

7flix is the general entertainment channel launched by Seven in capital cities in February 2016.

Prime7 said at the time it would not carry the channel in its markets because adding 7flix to its vast terrestrial footprint was “technically challenging, takes time and requires substantial capital investment”.

“From a broadcast engineering perspective, regional broadcasters are far more complex businesses than metro operations, covering larger geographic areas with multiple signals that service a large number of local areas across regional Australia,” Prime7 said.

The decision proved particularly annoying to regional fans of long-running US hospital drama Grey’s Anatomy, which Seven had moved off its main channel – along with first-run episodes of several other US shows with small but devoted Aussie followings – specifically to lure audiences to 7flix.

Underscoring the absurdity of Australia’s anachronistic broadcasting regulations, broadband-blessed viewers in Prime7’s markets could still watch 7flix live-streamed via Sevens Plus7 online service, which offered some consolation to Grey’s fans desperate for their weekly dose of McDreamy doctors.

Now, 18 months after it began in metropolitan markets, Prime7 has finally relented and will tune in 7flix with its candy-coloured logo and “feel-good mix”.

The move – which Prime7 described as a “business decision” – is not surprising given that 7flix has proved a popular addition to Seven’s other offshoots, 7Two and 7mate, and helped keep the Kerry Stokes network in front of fierce rival Nine and its offshoots 9Go!, 9Gem and 9Life in the national TV ratings.

With Nine’s Australian Ninja Warrior-led ratings recovery in 2017 helping to boost the audiences of regional affiliate Southern Cross Austereo, going without the full suite of Seven’s digital channels seems to be no longer an option for Prime7.

So, what shows will 7flix screen on channel 66 from Sunday? How do you make sure you can see it? And will it really have reruns of Diff’rent Strokes? WHAT’S ON 7FLIX

Reruns: Yes, Diff’rent Strokes, the one-catchphrase ’80s comedy starring the late Gary Coleman and Todd Bridges as Harlem brothers Arnold and Willis Jackson adopted by a rich Park Avenue businessman, gets a spot in the 7flix line-up. As do the likes of Bewitched, I Dream of Jeannie, Who’s The Boss and Married with Children.

Seinfeld, The Nanny and Scrubs also feature, along with repeats of a current comedy hit that simply does not get enough airplay on TV these days, The Big Bang Theory.

Seven has rerun rights to the goofy show’s first seven series (Nine retains the first-run episodes) and is milking it shamelessly: the Sheldon-filled 7flix schedule includes three Big Bang episodes before Sunday night’s replay of the 2011 comedy movie Bridesmaids and two Big Bang episodes straight after. On some nights 7flix has run as many as eight episodes of The Big Bang Theory back-to-back. The show also airs on 7mate.

Repeats of US dramas The Blacklist, Criminal Minds and Castle screen across the week, along with what is billed as a weekday afternoon “encore” of soapie Home & Away and replays of Seven’s other Aussie drama, 800 Words.

First-run series: As well as Grey’s Anatomy, Prime7 says 7flix has new episodes of such US series as How To Get Away With Murder, Scandal, The Amazing Race and superhero action caper Marvel’s Agents of SHIELD, as well as Saturday afternoon episodes of the animated Star Wars Rebels.

While Season 14 of Grey’s Anatomy is due to begin on US TV on September 28, Prime7 says it has “no indication” if the new episodes will be fast-tracked on 7flix. But repeat episodes from Season 10 appear in the program schedule from September 8.

Movies: Back-to-back family movies screen early on Friday and Saturday evenings, including replays of recent Disney, Pixar, Sony and Warner Bros favourites. Movie buffs may find vintage gems buried in the overnight offerings from the vault, such as 1933’s Son of Kong, 1941 detective drama The Gay Falcon and the 1945 war saga China Sky starring Randolph Scott and Anthony Quinn. HOW TO GET 7FLIX

The channel will appear in regional viewing areas of Victoria, northern and southern NSW, the ACT and Gold Coast on channel 66 at 6am on September 3 – beginning with a rerun of the Simon Reeve-hosted schoolkids quiz show It’s Academic.

Prime7 says the channel should automatically appear in the channel list of most televisions but some older sets may require re-tuning or upgrading to access 7flix.

The new channel uses MPEG-4 technology, which compresses video and ??requires less bandwidth to broadcast.

All major brands of TVs, set-top boxes and personal video recorders purchased since 2009, including devices bearing the Freeview logo, are generally MPEG-4 compatible. If your channels currently include horse-racing on Racing南京夜网’s channel 68 your TV should be able to show 7flix, which uses version 10 MPEG-4 technology.

Sets bought before 2009 may not support MPEG-4. If channel 66 does not automatically appear Prime7’s advice is to re-tune your TV. Most sets allow you to automatically re-scan channels using the TV menu. In many cases, channel 66 will appear after completing this process. Some TVs may require reset to factory defaults or a software upgrade.

If channel 66 appears in the channel list, but the picture is black and if there is no sound or only sound, your TV or set-top box may not support MPEG-4 (version 10) and you will need to purchase a set-top box or upgrade your TV.

Prime7 warns that some early-model set-top boxes provided by the federal government as part of the Household Assistance Scheme during Australia’s switch to digital TV may not be MPEG-4 or MPEG 4 (version 10) compatible.

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

ASX ends ‘subdued’ earnings season

Saturday, 13 July, 2019

ASX. Afr. Generic. 110615. Pic by Michel O’Sullivan. Pic shows the new ASX at Bridge street, Sydney. Use for ASX, trade, shares, Stock Exchange, Commodities.
Nanjing Night Net

The Australian sharemarket emerged from August reporting season deflated by a mildly disappointing month of profit results, and undermined by heavy losses in big names like Telstra and Commonwealth Bank.

Thursday’s solid gain of 45 points, or 0.8 per cent, in the S&P/ASX 200 index to 5715 managed to trim the month’s losses to only 6 points. Telstra’s 10.5 per cent share price plunge over the month, more or less what it lost on the day it announced a hefty cut to its dividend, and CBA’s 9.5 per cent fall amid ramping regulatory pressure around its money laundering compliance failures dragged on the bourse. Those losses were offset by strong monthly gains from the major miners BHP, Rio Tinto and Newcrest Mining, while Wesfarmers also buoyed the market.

Morgan Stanley equity strategists branded results season overall “a subdued affair”. Aggregate growth in earnings per share for the top 200 “is on track to sink to circa 5 per cent with no meaningful growth pick-up expected in outer years,” they said.

It wasn’t all gloom, with energy stocks the best performing segment of the sharemarket over the month, adding 5 per cent after a litany of well received earnings results following a tough period for the sector. That outperformance was slightly tarnished on Thursday, as oil and gas stocks were the only corner of the market to slide.

“One of the themes that led into this results season was that was that the retail environment was very shaky and that discounting was a big part of that,” Pengana Capital fund manager Ed Prendergast said. “That’s been borne out definitely,” Mr Prendergast said, although “there were odd retailers like Adairs that did well in that environment anyway”.

“Also, there was the sense overall that the housing construction cycle is probably at the peak right now, and that was borne out by quite a few companies in their results commentary. It was a little bit state-specific obviously; West Australian companies are saying the complete opposite because their cycle has gone the other way.”

The contrasting fortunes of the sector were on display on Thursday, as accessories and clothing retailer Oroton Group surged 8.2 per cent after providing an upbeat assessment of trading over the past two months and confirmed that underlying earnings would come in at the top end of its guidance for its July 31 financial year.

In contrast, Harvey Norman plunged 7.5 per cent after revealing annual earnings that disappointed investors.

Citi analysts maintained their sell rating on the stock “ahead of a moderating housing cycle and the upcoming entry of Amazon”.

The Aussie dollar slipped below US79?? on Thursday despite data which showed business spending on new equipment plant and machinery rose for a second straight quarter, with a bigger-than-anticipated upgrade in future spending plans. The currency, which had threatened to break above US80?? this week, might have ignored this “impressive” lift in capex plans, but “the RBA won’t,” TD Securities currency strategist Annette Beacher said, pointing to the upbeat message the data sent about the trajectory of the local economy. Stock of the dayOrocobre

Orocobre shares were on a tear on Thursday, finishing the session 14.2 per cent higher at $3.86 after the lithium producer swung to a net profit and guided for higher production this financial year. Orocobre posted a net profit of $19.4m in the year to June 30, from a $22m net loss in the comparable period. It produced 11,862 tons of lithium carbonate at its Olaroz plant in Argentina and is forecasting output of 14,000 tons in FY18.Citi analysts said that, although the result was below their expectations “the key positive was signs of a recovery in pond inventory, which is required to underpin ramping up production towards capacity.” MoversHousing credit

Private sector credit figures from the Reserve Bank of Australia out today showed that total credit rose 0.5 per cent month on month in July for an annual increase of 5.3 per cent, compared to a month-on-month 0.6 per cent increase and annual increase of 5.4 per cent in June. Housing credit rose 0.5 per cent month on month and 6.6 per cent on an annual basis. Overall credit growth met market expectations, NAB economists said. “The pattern of growth was in keeping with recent trends of still moderate growth in housing credit, while business credit continues to record somewhat better growth,” they added. Gasoline

US gasoline futures prices hit $2 a gallon for the first time since July 2015 on Thursday after flooding from tropical storm Harvey knocked out almost a quarter of US refineries. Harvey has battered the US Gulf coast since last Friday. At least 4.4 million barrels per day of refining capacity is estimated to be offline, or almost a quarter of total US capacity. Goldman Sachs said it could take several months for all production to be brought back online. “The precedent of Rita-Katrina would suggests that 10 per cent of the … currently offline capacity could remain unavailable for several months,” the bank said. Euro

The common currency stalled at $US1.1879 on Thursday after dropping 0.7 per cent on Wednesday amid speculation the European Central Bank could step in to weaken the euro, which valued over two and-a-half year highs earlier this week. Analysts said traders are starting to speculate that ECB President Mario Draghi could be growing more concerned about the euro’s rise. The euro is up more than 13 per cent against the dollar this year and broke past the critical $1.20 level on Tuesday. The ECB Is set to hold a policy meeting next week. China PMIs

China’s official Purchasing Managers’ Index stood at 51.7 in August, up from the previous month’s 51.4 reading. Growth in China’s services sector slowed in August, hitting the lowest level since May 2016,. The official non-manufacturing PMI fell to 53.4, from 54.5 in July. The PMI readings suggest that industrial output defied a slowdown in the broader economy last month,” Capital Economics’ Julian Evans-Pritchard said. “We suspect that this is because higher prices are encouraging more rapid production of industrial metals.”

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

‘Collapse of moral values’: Coke exec jailed for $860k slush fund

Saturday, 13 July, 2019

Within the headquarters of the vehicle leasing company Orix, the account that kept Coca-Cola Amatil’s corrupt fleet manager in the manner to which he was accustomed was known as the “Coke slush fund”.
Nanjing Night Net

Bryan Pereira, 64, had engineered for himself a cushy source of extra cash by virtue of his control over the soft drink manufacturer’s $22 million vehicle supply contract.

His extracurricular income stream first manifested as a kickback system whereby he received a commission for each vehicle supplied by Orix to Coca-Cola Amatil.

Coca-Cola executive Bryan Pereira at his arrest in 2015. Photo: Nathan Patterson

According to court documents, this scheme netted Pereira $859,000 between 2003 and 2013.

But it later morphed into a more formal accounting system, whereby Orix withheld manufacture rebates from Coca-Cola Amatil for a variety of legitimate and illegitimate purposes, including “introducer fees” to be paid to Pereira.

It was officially known as the “CCA Marketing Account”, but colloquially as the “Coke slush fund”, and Pereira gave instructions to Orix staff on how it should be disbursed with the authorisation of their executives George Georgiou and John Carter, who was the chief executive at the time.

From 2006, Pereira used it to buy expensive gifts, international and domestic flights, accommodation, jewellery and adult entertainment – receiving $267,899 in personal benefits.

Finally in 2014 he set up a shelf company in the name of his accountant, which invoiced Orix for work supposedly completed under the description “inspection services” and bagged him $504,900 before he was arrested in March 2015.

Pereira was sentenced in the NSW District Court on Thursday to a prison term of six years with a non-parole period of four years, after receiving a 40 per cent discount on his sentence for pleading guilty, displaying remorse, having previously good character and being unlikely to reoffend.

Judge Mark Williams said the invoice system was elaborate, and the offences were aggravated by that fact that Pereira was in a position of trust.

He knew that the payments were unlawful and was motivated by greed.

“He can’t quite articulate why he had a complete collapse of moral values, but he admits it was greed,” Judge Williams said.

“He was angry and resentful at his work hours and he was exhausted, but he doesn’t put this forward as an excuse.”

An agreed statement of facts tendered to the court said Pereira had hatched the scheme with his former colleague Ray Ward in 2003, while Ward was acting as a consultant to Clinton’s Toyota.

The only Toyota vehicle suitable for the Coca-Cola Amatil fleet at the time was the Kluger, but it was more expensive than the Holden Commodore.

Ward worked on a new pricing deal that would make the Kluger comparable to the Commodore, and suggested to Pereira that it might be possible for them both to make some “extra money” out of it.

Under this scheme, the price Coca-Cola Amatil paid for the lease of each vehicle included the cost of a $1000 commission that Orix would pay to Clinton’s on delivery. Clinton’s would keep $250 and the remaining $750 was evenly split between Ward and Pereira.

Coca-Cola Amatil lost more than $3 million by virtue of these “introducer fees” between 2004 and 2015, according to the court documents.

Pereira also arranged through Mr Georgiou to receive a Mercedes Benz worth $180,000.

But the gravy train came to an end in 2015, after Pereira’s new boss became suspicious of his relationship with Mr Georgiou. Police from the NSW Fraud Squad conducted covert email and telephone surveillance, and arrested Pereira as he attended a meeting with Mr Georgiou at a North Sydney office in March 2015.

Mr Georgiou and Mr Carter will face court later this year on charges of receiving corrupt payments and money laundering.

A Coca-Cola Amatil spokesperson said in a statement that the company was “pleased this matter has finally been resolved.”

“We independently identified a gap in our auditing and oversight procedures in 2015, which led us to contact the police,” the spokesperson said.

“Since then we’ve introduced new, and much tougher, internal systems. The structures and circumstances that allowed this issue to occur are no longer in place.”

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

Australian netball legend slams IOC for Olympics exclusion

Saturday, 13 July, 2019

Australian netball legend Norma Plummer has slammed the International Olympic Committee and said a lack of funding from national bodies is hurting the sport worldwide.
Nanjing Night Net

The former Diamonds coach is now leading South Africa’s rise up the international rankings and delivered the Proteas best showing in 50 years against Australia on Wednesday.

South Africa are winless in 35 attempts against the Diamonds but after Plummer’s side went down by just six goals at the AIS Arena, the Proteas’ coach teed off.

Plummer said her squad compete with half the resources of Australia, New Zealand and England, who they are currently playing against in the Netball Quad Series.

“This series has been quite draining for South Africa, it’s 10 cents to the dollar and everybody is paying for themselves… and if it’s 10 cents to the dollar then what is it to the pound,” Plummer said.

“They’re paying 20 times more than Australia, England and New Zealand but they’re willing to put the money out because they want their team to get better and I take my hat off to that.

“You can have all the ice baths and sports science and everything but it all comes down to the athlete and their ability and skills and being able to do it day in day out.

“Its nice to have all that other stuff but these girls don’t have it, they’re just out there playing the game.”

Plummer then turned her attention to IOC and slammed the committee for failing to recognise netball as an Olympic sport.

“Netball should definitely be an Olympic sport, they have rock climbing now – you can’t tell me this isn’t a better spectacle – fairdinkum, I mean, seriously,” Plummer said.

“The Olympic Federation have said we’re a one gender sport and we haven’t got enough teams, yet in Commonwealth countries you’ve got almost 80 registered.

“You’ve got the four or five top teams but then it all just fades away because there’s no money put into the sport.”

Plummer said unless countries start investing more money into netball then some of the world’s best athletes will never become Olympians.

“Uganda has just started to emerge and I can tell you now if you went into those African countries and put money into them…. I tell you what, netball could be fantastic, but the governments don’t support them,” Plummer said.

“If we don’t have some of these other countries stand up and actually deliver some netball, we won’t make the Olympics because it’s always Australia, New Zealand, Australia, New Zealand, and in the end if the game is going to survive we’ve got to have other countries given an opportunity to really mix it.”

Plummer conceded tournament organisers face a tough task in appeasing all parties but said the Quad Series, which concludes in New Zealand on Saturday, must be revamped.

“This series has got to change, you can’t play one game here, one game there and have to fly overnight virtually,” Plummer said.

“We get up at 4am to get to the airport and then we’re told with all our luggage we might not even be able to get down to Invercargill in time to play our one game.

“It’d be better to have it in a central country and each nation can host it one year at a time.”

Meanwhile, Netball ACT are in talks with Giants Netball to bring Super Netball action back to Canberra next year following a near sell-out crowd on Wednesday night.

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

Stay with Richmond, Dusty. It’s the right call

Saturday, 13 July, 2019

As much as Dustin Martin would look great in a North Melbourne guernsey next year, staying with Richmond is the right call.
Nanjing Night Net

Not just for Martin, but also for the Roos who have already made the most important decision in their recent history by re-signing Brad Scott.

If Scott had been let go, or left for Gold Coast, I would have had big concerns about the immediate future of the club.

An untried coach with a young list could mean a long time in the footy wilderness, but with Scott at the helm until 2020 Roos fans should sleep safe in the knowledge they can rebound before too long.

They might not have the top-end talent of the Tigers, but we’ve seen at Punt Road how quickly things can change if you have the right people at the club and back youth.

Damien Hardwick added Toby Nankervis, Josh Caddy, and Dion Prestia in the trade period, made a few tweaks to the club’s game plan and unleashed his little men inside 50.

While North’s aggressive recruiting strategy is to be admired, it doesn’t necessarily guarantee success will come that much sooner.

Of course, Martin would be a fantastic addition to any midfield, not least for the Roos given they lack that sort of explosive power around the ball.

But signing him up at $1.5 million a season over seven years might not be the right move for the club long term, given how restrictive that could be for future recruiting.

The most consistent premiership sides in recent years have had much more conservative pay models.

Think Hawthorn and Geelong, who wouldn’t be paying anyone more than $1 million.

While the Cats recruited a genuine star in Patrick Dangerfield, that wasn’t about the money and he could have commanded much more elsewhere.

Sydney were also one of those teams before they signed Kurt Tippett and Lance Franklin.

While they’re a decent chance of winning the flag this season, that move is yet to pay off and the Swans have had to sacrifice players such as Shane Mumford and Tom Mitchell.

Given how many senior players have departed Arden Street during the past 12 months, the Roos would certainly have a war chest.

You do have to spend your money on someone, so I don’t begrudge them being proactive.

As for Martin, the difference in the offers he’s received from North Melbourne and Richmond might work out to be very minor once his career is over.

On the surface, an extra $2 million over seven years is a lot of money. Martin would almost be earning the average wage for an AFL player on top of the $1.2 million per year the Tigers have on the table.

But as my colleague Caroline Wilson wrote only a few days ago, retiring as a one-club player can pay off financially in a big way, especially if you add a Brownlow Medal and even a premiership on top.

If Martin moved to North after winning the Brownlow his marketing capacity would be severely diminished. What Tigers fan would want to invest in someone who no longer plays for them?

Martin has a savvy manager in Ralph Carr who could easily turn a Brownlow into an extra $100,000 or even $200,000 through promotional material – if he stayed. Add a flag, and that price skyrockets even further.

The other thing that Martin has no doubt taken into account is just how difficult it can be to move clubs.

No matter how good or how experienced you are, walking in the doors of a new footy club can feel like your first day of high school.

You have to start again building relationships and forging trust, and for someone who seems more introverted like Martin that would be hard.

In Richmond, he has a club that has shown him enormous faith, which he has repaid on the field over the past few years.

The people at Tigerland know his habits and idiosyncrasies, and they know his family situation well, given Martin has been granted leave on a number of occasions.

I’m sure North would be just as accommodating, but at Punt Road those plans are already in place. It’s comfortable for him.

With $1.5 million a year hanging over your head, the pressure of expectation can also be a tough burden to carry.

As the main man in a young side, Martin would come in for much more attention. At the moment, he has great allies around the ball like Trent Cotchin, Prestia and others.

As if that’s not enough, the Tigers also have an opportunity that few other teams possess.

Having finished in the top four they’ll be playing in front of crowds of 80,000-plus for at least the next fortnight and possibly longer if they can reach that final week in September.

They have a genuine shot at the premiership this year, and you can’t put a price on success.

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

Flatlining Malcolm Turnbull can still win. Here’s how

Thursday, 13 June, 2019

Amid so much anger and disruption, the only agreed fact is that politics remains unpredictable.
Nanjing Night Net

It’s a hell of a time to be in power. Relative to their electors, democratic governments have never looked so weak, so low in standing, so easily disposable.

The Coalition government is beset on all sides: subject to global forces beyond its control, and captive to the mistakes it has made on the matters it can influence.

In the first category, the world has edged closer to a thermonuclear exchange than at any time since the Cuban missile crisis 55 years ago.

In the second, Australia is experiencing what University of New South Wales law professor George Williams noted this week was the most profound constitutional uncertainty since the dismissal of the Whitlam government in 1975.

To voters, the Parliament is a shambles.

The government’s outlook is bleak. Yet Turnbull himself continues to see the bright side even with the stakes this high. High Court high.

If the bench rules against his oddly unlegislated same-sex marriage survey, and against the validity of his “triple double” (three cabinet ministers with two countries each) Malcolm Turnbull’s prime ministership can be expected to continue draining away, ending in ignominy.

But if, as the legal advice informing Turnbull’s bullish demeanour suggests, things go well, the 29th prime minister may be in a strong enough position 12 months from now to be plotting an unlikely win in 2019.

He is banking on it. So let’s consider his best case scenario.

Imagine that the High Court upholds the executive’s power to stage the plebiscite, and that the public in turn, goes on to participate strongly, delivering a decisive “yes” verdict.

Turnbull says a private members’ bill would be presented before year’s end and would “sail through” the Parliament. Licketty-split.

Clearly there are many ifs and buts including the increasingly disreputable attempts by reactionaries to grant religions the right to ignore the law.

Nonetheless, the issue would be solved by Christmas, a thorn in Turnbull’s side, removed.

Assume also that Turnbull’s confidence in the electoral validity of his ministers is well placed. That will be known in October, and thus could also be old news by Christmas.

So, by October it could be ministers safe and plebiscite under way. (Turnbull’s fate would still turn on a positive survey – a negative outcome would merely prolong the agitation)

That only leaves the other promise Turnbull gave to conservatives to prise them off Tony Abbott’s leadership: energy policy.

Turnbull’s preferred solution is the 50th recommendation from Chief Scientist Alan Finkel’s national electricity market review. He wants a clean energy target of sorts settled by cabinet by Christmas also.

This is easier said than done but if he can find a way to resolve the impasse and provide investment certainty in electricity, while keeping his party united, Turnbull will head into 2018 with a fighting chance of recovery.

Sure, it doesn’t fix the braggadocio between Donald Trump and Kim Jong-un, but there’s always hope.

Follow us on Facebook

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

Morrison’s socialism attack ’embarrassing’: Labor

Thursday, 13 June, 2019

Federal Treasurer Scott Morrison delivers a speech at the Bloomberg office in Sydney. Photo: Paul MillerLabor’s shadow treasurer Chris Bowen has labelled Scott Morrison’s attack on “red” Bill Shorten embarrassing, accusing the Turnbull government of having no future policy direction.
Nanjing Night Net

The Treasurer charged the opposition with “economic time travel” on Thursday, by leading what he claims is the most left-wing Labor movement Australia has seen in generations.

“The neo-socialists in the Labor party have joined forces with the cynical opportunists to create quite a deadly faction and they are running the Labor Party and if Bill Shorten gets to slither into the Lodge then this will be wreaked on Australia,” he told reporters after his Bloomberg Address in Sydney.

Mr Bowen accused Mr Morrison of having nothing positive to say about the future of the country, following the attack on Labor. It is the second in as many weeks as part of a broader Coalition strategy that imagines a socialist Australia with Mr Shorten in charge.

“The latest round of Liberal Party focus on Bill Shorten is beyond embarrassing,” Mr Bowen said. “It’s telling the Australian people a year into the term that they’ve stopped governing.”

As both sides exchanged political barbs, the Australian Bureau of Statistics released positive economic news on Thursday.

One of the key building blocks of Australia’s Gross Domestic Product, due to be released next week, defied economists’ predictions in producing better than expected results.

The Bureau’s private capital expenditure survey for the three months to June suggests strong business confidence could soon produce more investment.

According to Commsec economist Craig James, the economy will see the biggest lift in planned investment in seven years, with businesses pencilling in a 17.6 per cent rise from April next year.

Total new capital expenditure grew by 0.8 per cent, beating economists’ predictions of a 0.2 per cent rise.

In a sign the drag on the economy created by the end of the mining boom may finally be waning, the size of the investment drop-off has become smaller and smaller.

“Mining capital expenditure has fallen in every quarter of the past three years,” said Capital Economics chief economist Paul Dales.

“But at least the size of the falls are smaller than the double-digit declines in 2015/16, so mining is exerting a smaller drag on GDP growth.”

Mr Morrison said he was optimistic the end of the mining boom’s long tail would finally see a pay rise for Australians battling through historically low wage growth.

“As [Reserve Bank Governor Philip Lowe] said in his recent Parliamentary testimony: “If labour markets are strong, eventually workers will get bigger pay rises.”

Commonwealth Bank economist Kristina Clifton said the Reserve Bank would be pleased with Thursday’s result.

“The labour market has improved, the outlook for non???mining business is looking a lot better and there is a solid pipeline of public infrastructure spending still to come,” she said.

“The final piece of the puzzle to watch for now when thinking about the timing of future rate hikes is wages growth and inflation.”

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

Hinch citizenship referral a ‘waste of time’

Thursday, 13 June, 2019

Senator Derryn Hinch at Parliament House Canberra on Thursday 22 June 2017. Photo: Andrew Meares Senator Derryn Hinch at Parliament House Canberra on Thursday 22 June 2017. Photo: Andrew Meares
Nanjing Night Net

Independent senator Derryn Hinch will attempt to refer himself to the High Court over fears he may be ineligible to sit in Parliament but not even his biggest opponents think he has a case to answer.

Senator Hinch told reporters in north Queensland of his plan to refer himself after it was revealed he held a social security number in the United States, and had previously received an American pension.

He confirmed he had never received United States citizenship and only received the pension after paying an additional tax for the decade he spent in America, working for Fairfax Media. He stopped the payments once he was sworn in to the Senate in 2016.

Senator Hinch said there was potential he had fallen foul of an “entitlement” clause within section 44 of the constitution and planned to have it tested in the High Court.

But his motion will struggle to receive the necessary numbers, with government sources questioning the validity of Senator Hinch’s concerns.

Labor has not considered whether or not it would support any referral motion, but a source said the party “shared the government’s view that it was a waste of time”.

Senator Hinch had planned to seek the Solicitor-General’s advice, a process which would first require writing to Attorney-General George Brandis with a request.

The seven MPs – including three government ministers – who have been found to be dual citizens each sought independent legal advice before making their referrals.

Almost 10 per cent of senators have been referred to the High Court over their eligibility to sit in Parliament. But on Thursday former prime minister John Howard called for calm.

“My view about this is nobody is to blame and I think trying to apportion blame, and people running around and saying ‘oh you knew about this’, or ‘you should have known’, I think that is silly,” he told ABC radio.

“Let’s just draw a deep breath, accept that this is a case that years ago, when the constitution was written, if you lived in Canada or Britain or New Zealand etc, you didn’t have a separate nationality, we were all subjects of the British Empire, there was no Australian nationality until 1948.

“We just have to let it work its way through and accept that the High Court will rule and whatever the High Court decides, that’s the law, because we live by the rule of law.

“But I don’t think it is a crisis for Australian democracy and I am frankly surprised people are running around trying to apportion partisan blame, I don’t think it is a case for that.”

The High Court will examine the issue in October.

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

Key Swan Tippett expects to be fit for final against Bombers

Thursday, 13 June, 2019

The AFL’s much-maligned pre-finals bye proved a speed bump for the Sydney Swans’ in 2016, but it’s set to have the opposite effect this year with ruckman Kurt Tippett confident he will recover from an ankle injury in time for the elimination final against Essendon.
Nanjing Night Net

Tippett and fellow ruckman Callum Sinclair both picked up ankle injuries in Saturday’s final-round win over Carlton, the former put on ice for the last quarter in a bid to preserve him for the play-offs. Neither trained with the team on Thursday morning.

Twelve months ago the Swans entered the finals on a six-match winning run, but lost momentum during the bye week and were beaten by GWS in the first week of the finals.

Sydney could yet face a selection dilemma ahead of the Bombers clash at the SCG next Saturday, with ruckman Sam Naismith expected to return in this weekend’s NEAFL semi-final against Gold Coast after missing a month with a hip injury.

Swans head of football Tom Harley said earlier in the week that Naismith would enter the selection conversation for the Essendon game, should he successfully navigate the Gold Coast assignment.

That would potentially give Sydney three fit ruckmen to choose from.

“I’m pretty confident in the fact that my ankle will be good enough to play,” Tippett said.

“The ankle’s recovering well. It’s something that’s unfortunately been around all year and I’ve hurt it a couple of times so I certainly know what I need to do to get it right.

“It hurts a bit. It’s a bit of a shock at the time but it’s something that’s happened a few times over the course of playing a lot of sport.

“I’m certainly hoping my best football for this season is ahead of me. The last four weeks has been good and I feel like I’ve been building and feeling better each game. Hopefully my best is yet to come.”

The Swans are facing a monumental top-eight equation after finishing sixth, thanks to a remarkable run of 14 wins from their last 16 games.

Should they beat the Bombers, they will run into the loser of the Geelong-Richmond clash with a preliminary final against either Adelaide or Greater Western Sydney awaiting.

Yet the aforementioned quartet of top four teams are thinking the same thing about potentially running into the Swans.

“Depending on how results play, it looks like Sydney is the team that looks like it is going to go the whole way,” Crows defender Daniel Talia said.

“The other team is obviously GWS but if we knock them off [in the qualifying final] it gives us a good chance of not playing them [in the grand final].

“But they’re the form sides of the whole year, along with us, and I think if we’re there, it’s going to be one of those two.”

Tippett brushed off talk labelling the Swans as flag favourites.

“Are we? I don’t know, It’s not something we spend much time thinking about,” Tippett said.

“We’ve seen how fickle it is. We’ve been down the bottom and had to work our way up so we’re just concentrating on what allowed us to be a good team.

“Rewind to the start of the season and we hadn’t won a game after six rounds. It’s a big turnaround, it’s something that took a lot of effort and energy and it’s really been worth it.

“We’ve given ourselves the best chance we possibly could have.”

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

New Uber chief promises change, flags IPO by 2020

Thursday, 13 June, 2019

Uber’s new Chief Executive Dara Khosrowshahi has told employees the ride-services company will change its culture and may go public in 18 to 36 months.
Nanjing Night Net

Khosrowshahi, who led travel-booking site Expedia for 12 years, made the remarks as he introduced himself to Uber’s workforce on Wednesday during an all-staff meeting at its San Francisco headquarters.

With a $US68 billion ($86 billion) valuation by private investors, Uber is the most valuable startup Silicon Valley has produced over the last decade, but funders have grown frustrated by the lack of a timeline for getting their payouts. Employees have also felt pent up, as many are compensated with options in the company.

The loose IPO timeline gives Khosrowshahi an opportunity to resolve many of the controversies facing the company. That includes litigation with Google in a major case in which Uber is accused of stealing trade secrets from Google’s self-driving car program, as well as two pending federal investigations.

On Tuesday, the company confirmed that the Department of Justice is probing whether executives broke US laws prohibiting bribery of officials in foreign countries. Uber is cooperating with the investigation, a spokesman Matt Kallman said.

Under its previous hard-charging chief executive, Travis Kalanick, Uber expanded to 77 countries in just eight years and built up a reputation for rule-breaking and for a “bro” culture that has been hostile to women and underrepresented minorities. Federal officials are also probing whether the company used special software to evade authorities in places where ride-sharing services were banned or restricted Uber ‘has to change’

“This company has to change,” Khosrowshahi told employees, according to the Twitter feed of Uber’s communications team. “What got us here is not what’s going to get us to the next level.”

Khosrowshahi said Uber needed to stabilise itself but also take what he called “big shots.”

The appointment of Khosrowshahi, who described himself as “a fighter,” comes as Uber is trying to recover from a series of crises that culminated in the ouster of its former CEO Travis Kalanick in June. It is also a key step toward filling a gaping hole in its top management that at the moment has no chief financial officer, head of engineering or general counsel.

In his first meeting with Uber employees, Khosrowshahi emphasised recruiting new talent – particularly a chief financial officer – as well as a chairman to help him run the board, according to tweets from Uber. “It’s great to meet the people making this dream come true???growing a company that’s changing the world.” [email protected]://t.co/g6LbiKs4l8pic.twitter南京夜网/4x9yNmjM3M??? Uber (@Uber) August 31, 2017This story Administrator ready to work first appeared on Nanjing Night Net.