Hunter BreakfastWednesday, March 22, 2017

admin | 苏州桑拿

Hunter roads: All Hunter roads are clear this morning.
SuZhou Night Recruitment

Hunter trains: There is a good service on the Hunter line and on the Central Coast and Newcastle line and the Hunter line.

Hunter weather: Cloudy and a high chance of showers in Newcastle (28 degrees), Raymond Terrace is in for a cloudy day with showers (27 degrees), cloudy day for Maitland with showers (31 degrees) and a cloudy day with a high chance of showers and (31 degrees).

Hunter beachwatch:It’ll be warm and humid today and although there’s the chance of a shower or thunderstorm it should still be an okay beach day. The wind will have a bit of north-west in it early before heading north to north-east with the swell from the north-east around half to one metre. Wave conditions will a touch uneven but most breaks will be surfable. Around town try the Cowrie Hole, Newcastle, the Bar to Merewether stretch, North Dudley and Redhead. To the south try Hams, Catho, and Soldiers. At Port Stephens Birubi and Samurai will be the picks. There’ll still be some tricky edges and sweeps to the south so only swim in the flagged areas. The water temperature is 20 degrees.

►ONE of Newcastle’s busiest roads was brought to a standstillon Tuesday as a mansuspected of a triple stabbing and two armed robberies in the same night held police at bay in a siegethat lasted hours. The siege ended safely early Wednesday morning. More here.

► IT’S too late for Shortland Esplanade. That was the message to Newcastle City Council from Supercars chief executive James Warburton during a visiton Tuesday at which he said the race had been victim to “scaremongering” that would subside once East End residents experienced the race. More here.

► Work is due to start on May 1 to transform parts of Newcastle East into a Supercars track, including resurfacing all 2.6km of the circuit. More here.

►JIM Plummer thought two stainless steel wire rope locks would be enough security for his upmarket mountain bike when he and his wife Bronwyn dropped into the Kent Hotel for lunch two Sundays ago. More here.

►SCOT MacDonald has been named as the NSW government’s parliamentary secretary for the Hunter. Again. More here.

► THE tragic search for University of Newcastle international student Mohsin Awan, who is feared drowned after being swept from rocks at Nobbys Beach, has entered its fourth day. More here.

►NEWCASTLE has the potential to becomea global centre of innovation, if energy is channelled into fostering collaboration across different sectors and helping researchers learnhow to commercialise their findings. More here.

►James Courtney has raced open-wheelers at Monaco, but the former Supercars champion still sees the Newcastle track as something “unique”. More here.

►KNIGHTS coach Nathan Brown has defended his medical staff and labelled the club’sconcussion protocols among the best in the NRL. More here.

►SCOTT White understands what it is like to feel trapped by an overwhelming feeling of hopelessness. Almost 10 years ago, his mental health hit rock bottom, and he found himself writing a suicide note. More here.

►There’s nothing like feeling alone. Kazz Tokek knows this feeling too well. She is one of the lyme disease sufferers from the Hunter region who had their world turned upside down after a tick bite. More here.

►Water storage at Chichester Dam has gone up by 35 per cent in three days after rain soaked the region last week. More here.

►Maitland City Council has locked into place plans to secure its long term tenure of Maitland Gaol and to cement the site’s standing as one of the region’s iconic tourist attractions. More here.

►A charity has urged people not to leave unwanted items around donation bins. More here.

►STATE MP Greg Piper and Lake Macquarie City Council have left Premier Gladys Berejiklian in no doubt about the project they most want to see funded in the state Budget in June. More here.

►A DORA Creek pensioner who ‘won’ $US190,000 in a scratch-and-win card sent in the mail isn’t celebrating, but is instead cursing her luck. Agnes Day can’t believe that alleged scammers have targeted her. Again. More here.

►Brandy Hill and Seaham Action Group want quarry owners Hudson to come to the party if they are to support expansion plans. More here.

►A Rotary conference with up to 400 delegates will descend on Nelson Bay in 2018, worth at least$300,000to the Port Stephens economy. More here.

Need anational newssnapshot first thing – well, we have you covered.

Ricky Kincheila, of Wallsend, on top of the apartment block in Tighes Hill on Tuesday. Picture: Marina Neil

►NEWCASTLE:Oneof Newcastle’s busiest roads was brought to a standstillon Tuesday as a mansuspected of a triple stabbing and two armed robberies in the same night held police at bay in a siegethat lasted hours. Read more

► COOTAMUNDRA:A little boy has died after he was unknowingly hit by a car at a Cootamundra home on Tuesday afternoon. Police say a car was leaving the driveway of a home when the three-year-old was struck. Read more

Part of the multi-million dollar cannabis haul uncovered by police near Dubbo. Picture: NSW Police

►DUBBO:Two men accused of cultivating a cannabis crop with an estimated street value of about $3 millionat a remote property east of Dubbo have faced court. Read more

►KATHERINE:Today marks 75 years since Katherine was bombed by the Japanese during World War II. The Katherine raid came at the tail end of the wet season in 1942, a hail of shrapnel and high explosive from high in the sky.It was the furthest encroachment of enemy invasion ever recorded on mainland but most people have never heard of it. Read more

►BALLARAT:Ballarat’s dry spell has finally broken, with the gauge at the airportregistering more than 34mm of rain since storms rolled in on Monday evening. Read more

► REVESBY:A propeller that fell off a Regional Express flight from Albury has been found in bushland near a residential area in Sydney’s south-west. Read more

Hundreds of family, friends and former teammates packed out TREC on Tuesday to farewell sporting great, Michael Adams. Photo: Peter Hardin

►TAMWORTH: Hundredspacked outTamworth Regional Entertainment and Conference Centre to farewell former Great Britain rugby league representative and long-time Tamworth resident Michael Adams on Tuesday afternoon.Michael has been remembered as a sporting hero, devoted family man and a fiercely loyal friendto all those he metin his 65 years. Read more

►HAWKER:Residents of the Flinders Ranges gathered at the Hawker Sports Club on Sunday, March 19, for the thirdof a series of public meetings about the federal government’s proposed Barndioota nuclear waste facility. Read more

Switching: Wesley College students Tom, Annabelle, Hannah and Luca are part of a class leading the charge to rid Clunes of plastic bags.

►VICTORIA:Clunes looks set to be the next town to embrace plasticbag-free living thanks to a push from Wesley College students to implement a boomerang bag system throughout the town.

Port Fairy residents Kevin and Annie O’Toole lay sandbags to prevent water running into their house. Picture: Rob Gunstone

► PORT FAIRY: Kevin O’Toole is praising Port Fairy SES and the local community after his house narrowly escaped flooding in Tuesday’sheavy rains. Read more

►ILLAWARRA:Three Illawarra private hospitals will be sold to a Chinese-owned health operator, in a transaction believed to be worth more than $50 million. Read more

National news Former prime minister Julia Gillard will head up beyondblue.

►Former prime minister Julia Gillard has been appointed as chairwoman of the national depression initiative beyondblue, replacing former Victorian premier Jeff Kennett. Read more

►Police minister Troy Grant has been fined $325 for taking a photo of a sheep with his mobile phone while he was behind the wheel of his car. Mr Grant was stopped for road works and snapped the picture of a ewe, which was in the boot of the car ahead of him.He later posted it to Twitter. Read more

►Kate Zizys, 46, has been underemployed her entire working life in . Earning less than $20,000 a year from casual work, she is one of 1.1 million ns who want more hours of work than they are getting.New figures from the n Bureau of Statistics show the official unemployment rate has increased from 5.7 to 5.9 per cent. Read more

►Food companies are being accused of hiding the unhealthiness of products by keeping the packaging void of health star ratings. Read more

National weather radarWhat’s coming your way …

International news►WASHINGTON: There was the first formal revelation that the FBI is investigating possible collusion between Russia and the Trump campaign; and there was a new benchmark in fact-checking – the President’s real-time tweets were being checked with intelligence chiefs even as they continued to testify before the House Intelligence Committee. Read more

East Timorese politician and the President of the Revolutionary Front, Francisco Guterres, known as Lu’Olo. Photo: Wayne Lovell/Timor photography

►DILI:A veteran guerrilla commander is heading for a decisive victory in East Timor’s presidential elections and is expected to be sworn in as the country’s next head of state in May. Read more

►LONDON:Britain has set its date with destiny confirming its two years of negotiations to split from the European Union will begin next Wednesday, March 29. Read more

On This Day1802: Matthew Flinders names Kangaroo island in South for the fresh food it provides his crew.

1897:Edmund Barton heads a conference to discuss the proposed constitution for the Commonwealth of .

1923: French mime artist, Marcel Marceau, is born.

1942:Nine Japanese aircraft bomb the town of Katherine in ‘s Northern Territory.

1974:Tasmania records its highest rainfall within a single day.

1987:A barge carrying 3,200 tons of trash leaves New York Harbor in search of a dumping ground, only to return months later, still carrying the trash.

The faces of : Richard TurnerYenda Public School farewelled an icon on Friday afternoon as veteran teacher Richard Turner wrapped up a 37-year career in teaching.

Teaching staff, students and community members paid tribute to Mr Turner’s years of teaching at a community picnic held in his honour, a mark of respect for a man held in high-esteem in education circles.

A “Mr Miyagi” of the teaching community Mr Turner’s mentoring to was invaluable to many teachers irrespective of their experience.Read more

No ‘Americanisation’ of Chinan class action system, says top judge

admin | 苏州桑拿

Respected Federal Court judge Jonathan Beach has dismissed concerns about the “Americanisation” of ‘s class action system but says challenges remain for the sector.
SuZhou Night Recruitment

Justice Beach told Fairfax Media ahead of the Maurice Blackburn class action symposium in Melbourne on Wednesday that both plaintiff and defendant law firms saw advantages in the current class action regime.

Before joining the bench, Justice Beach had acted in scores of major cases, including representing a defendant in the Kilmore East bushfire class action, Singapore’s SPI Electricity, a subsidiary of SP Ausnet.

The judge has since presided over a number of major cases. He is currently hearing the n Securities and Investments Commission’s highly complex bank bill swap rate actions against Westpac, National Bank, and ANZ.

“People have said if does something similar to the United States there will be unmeritorious claims; that we will open the floodgates to spurious claims,” Justice Beach said.

“The fact of the matter is the n model has not produced all of those vices and there have frankly been very few spurious or unmeritorious claims that have been instituted in .

“The other interesting thing is to look at the statistics. If you look at the US, you’re 15 times more likely to have a class action per listed company than you are in .”

Justice Beach said a key difference was that in the US, the losing party did not have to pay costs.

“But under the n system, costs follow the event. So there’s a real discipline on applicants and their lawyers to make sure they’ve got a viable case, otherwise they will have to pay an adverse costs order,” he said.

Justice Beach said unlike the US system, contingency fees for law firms were currently not allowed in the class action regime. Contingency fee arrangements allow clients to pay lawyers a percentage of the settlement of a dispute rather than hourly rates.

The US system also had civil juries, which had a lot of scope for awarding punitive damages, he said.

However, Justice Beach said the n system was still facing some challenges.

“There probably needs to be increasing scope for judicial scrutiny of settlements, particularly the allocation mechanisms, distributing funds, the administration of settlement scheme,” he said, pointing to the judicial oversight of the bushfires class action settlements.

Justice Beach said other challenges were the need for greater scrutiny of the way class actions were funded, and issues around competing class actions.

“[The latter is] going to be a problem now as it has been in the past,” Justice Beach said.

“Today, as a result of the common fund orders, you might have more open classes but you’ll still have the problem, albeit reduced, of competing class actions and that needs to be looked at.”

A Full Court decision last year in a class action brought against insurer QBE supported orders that in effect allowed for litigation funders’ fees to be worn by all class members who stood to benefit from the proceeding, whether or not they are signed up to a funding arrangement.

Another burgeoning issue was the entrance of new applicant law firms.

“Some of them are less resourced and less experienced and that obviously needs to be a matter that needs to be looked at carefully over time.”

Man awarded $3000 after four-minute dispute over Opal card

admin | 苏州桑拿

A Sydney man has been awarded $3000 for being stopped by police for four minutes at Liverpool train station, after a court ruled this amounted to false imprisonment.
SuZhou Night Recruitment

Sam Le, 24, was approached by two police officers in January last year and asked to produce his Opal card and pensioner concession card, along with photo identification.

One of the officers told the District Court he suspected Mr Le may have stolen the concession card because he appeared “young and fit” and was “evasive” when asked to hand over his Opal card.

In an exchange captured by Mr Le on his mobile phone, the officer called him a “smart arse” and asked if he “had a problem listening”.

He was told he was not under arrest but was “not leaving” until the officers had verified his identity.

“So this officer is now demanding … my driver’s licence when I’m not even in a car,” Mr Le said in the video.

“Yeah, put it onto whatever social media you want. Be a hero,” the officer replied, after Mr Le said the officer was refusing to tell him his first name.

After four minutes and 15 seconds waiting on the platform while police conducted a radio check, Mr Le was told he was “free to go”.

Mr Le sued the state of NSW in the District Court for false imprisonment and won.

Judge Matthew Dicker said the police officer had an “honest suspicion” the concession card may have been stolen but this was based on “tenuous” rather than “reasonable” grounds.

Mr Le’s apparent youth was “not a fact which could reasonably ground a suspicion that the concession card may have been stolen” and he did not act evasively, Judge Dicker said.

He said police did not have the power to demand commuters hand over more than their Opal card and concession card, unless they did not have their concession card with them and had other “relevant evidence” to support their entitlement to the concession.

Mr Le gave evidence in court he was on a disability pension.

Judge Dicker said there was “no conscious wrongdoing” by the police and their evidence was truthful, although it was “not appropriate” to call Mr Le a “smart arse”.

In contrast, he rejected some of Mr Le’s evidence and said “some caution should be exercised” in accepting it without “independent evidence”.

But he said false imprisonment had been established and awarded Mr Le $3201 in damages including interest.

Judge Dicker said physical constraint or force “does not have to be proved” and Mr Le had established he was “imprisoned through being detained”.

In calculating damages he took into account the “very short period” of detention, along with the fact Mr Le was “not manhandled … or handcuffed” or put in a police cell or van.

Mr Le’s lawyer, Andrea Turner, said commuters were unaware of their legal rights and were handing over their drivers’ licences to police “without anything being suspicious about their concession card and nothing suspicious about their Opal card”.

Mr Le said he brought the case because he wanted to “send a message to the police force that they can’t just approach someone and demand their personal identification … when a person has not committed any offence”.

“There’s no reason for police to approach me demanding my ID [to] do further checks on me,” he said.

A NSW police spokesman said they were “currently reviewing the decision of the court”.

It is the second time Mr Le has sued the state over an incident with police. A 2015 case was settled out of court.

He denied in court that he said to the police officer involved in the earlier incident “thanks for the holiday” and he had “lots of money” as a result of the settlement.

‘Fake news’ – Solly Lew takes lead from Trump

admin | 苏州桑拿

Retailer Premier Investments chairman Solomon Lew (R), and boss Mark McInnes (L), at Premier Investments AGM, in Richmond, Melbourne. December 2nd 2016. Photo: Daniel Pockett Photo: Daniel PockettRag trade billionaire, Solomon Lew, was in top form on the Premier Investments conference call spruiking its half-year results.
SuZhou Night Recruitment

Sol and his top lieutenant, Mark McInnes, were asked if there was any truth to reports Just Group executive director, Colette Garnsey, was leaving to head up Woolworths basket case, Big W.

“We don’t comment on fake news,” said Sol channelling his inner Donald Trump.

Presumably Sol puts the endless reporting of Amazon’s imminent arrival in the same category.

Even if Garnsey was tempted to try her luck at Woolies – where so many good careers have come unstuck in recent years – it might just trigger another Trump response from Lew: Litigation.

It was only five months ago that Lew lost a multimillion-dollar court battle to prevent former chief financial officer, Nicole Peck, from jumping ship to join Cotton On. She had been at Premier Investments for only five months.

Just Group had alleged Ms Peck’s contract restrained her from working for a list of 50 other retailers for up to 24 months.

But the judge said the restraint clause in Peck’s contract was so broad she was restrained from companies that did not even compete with Lew’s crew. Not so Black

The news China is backing down from its crackdown on cross-border e-commerce, which had smashed the share prices of n companies such as Blackmores and Bellamy’s, provided some redemption for these companies that did so well betting on the booming Chinese middle class.

But it will be a long way back to the heady heights of January 2016 when Blackmores’ stock topped $220.

The strong boost on Tuesday sent Blackmores shares up 13 per cent to around $113.

It was enough to restore more than $50 million to the net worth of its chairman Marcus Blackmore, and it also means the shares acquired last month by CEO Christine Holgate are back in the money. As far as CBD can tell, it is her first share purchase since she sold $4 million of stock in November 2015 ahead of her wedding. No go Harvey

Gerry Harvey’s retail operation Harvey Norman has no explanation for why its shares tanked badly on Monday.

The company responded on Tuesday to a please explain notice from the ASX following the 8 per cent stock drop that wiped hundreds of millions of dollars from its market cap with no obvious explanation.

Sure, there was the announcement on Monday that veteran Harvey Norman executive, David Matthew Ackery, had sold $1.5 million of shares. He used some of the funds to pay off an ANZ loan that was secured against his stake in the retailer.

It was the second share sale by a director in less than a week, with Gerry’s wife, Harvey Norman CEO Katie Page, selling some stock last week to pay a tax bill.

Trading in the stock had been heavy since she announced her sale.

The other news of interest on Monday was research from Credit Suisse predicting who would be road kill when Amazon finally comes to town.

Harvey Norman gets a mention, but the impact would not be as bad for the retail giant as it would be for rival businesses such as JB Hi-Fi, Myer and Super Retail.

Harvey Norman is probably the best insulated from any Amazon threat, according to the Credit Suisse report.

Could it be the markets got scared by a report in Saturday’s AFR Weekend by Neil Chenoweth?

It raised fresh questions about the byzantine structure that governs Harvey Norman’s franchisee business and the transparency of the company’s accounts.

Especially in relation to the jaw-dropping 110 franchise operations which fail each year, and how the losses of these failed shops are recorded in its accounts.

Harvey Norman offered a typically blunt response.

“The AFR article makes false statements and assumptions and then proceeds to make assertions and draw conclusions, which are also false, based upon those false statements and assumptions.”

We might not have found an explanation for the rout, but we sure have found a sore spot on Gerry’s rump.

Follow CBD on Twitter. Got a tip? [email protected]苏州夜总会招聘.au

Theresa May follows Donald Trump’s laptop and tablet ban on flights from the Middle East

admin | 苏州桑拿

1. UK ban
SuZhou Night Recruitment

Not for the first time the nature of international travel is changing dramatically because of the threat of radical Islamic terrorism.

For many, gone are the days of watching your movies on your tablet or laptop, finishing that speech, writing that presentation or editing that scuba diving video with the changes announced today.

The United Kingdom is following in the footsteps of the United States in banning laptops and any devices larger than a phone from the cabin hold for inbound flights from Turkey, Lebanon, Jordan, Egypt, Tunisia, Saudi Arabia.

The ban applies to UK carriers: British Airways, EasyJet, Jet2苏州夜总会招聘, Monarch, Thomas Cook and Thomson as well as foreign carriers Turkish Airlines, Pegasus Airways, Atlas-Global Airlines, Middle East Airlines, Egyptair, Royal Jordanian, Tunis Air and Saudi.[Reuters]

Prime Minister May signed off on the ban earlier on Tuesday.

The BBC’s Home Affairs correspondent Daniel Sandford says the Brit’s move is clearly in line with that of the United States. [BBC] 2. ‘Unpleasant corner of hell’

Northern Ireland’s Former Deputy First Minister Martin McGuinness. Photo: Charles McQuillan

The body of the ex-IRA turned political leader’s body was returned home to Derry in Northern Ireland overnight. [BBC]

Tributes from all corners have dominated the day in Britain for Martin McGuinness. Perhaps the most striking has been the one paid by a former Tory minister, whose wife was paralysed in the 1984 Brighton bombing.

“I hope that his [Catholic] beliefs turn out to be true and he’ll be parked in a particularly hot and unpleasant corner of hell for the rest of eternity,” said Lord Noman Tebbit. [Sky News UK] 3. Aust politics

Prime Minister Malcolm Turnbull and Attorney-General Senator George Brandis. Photo: Andrew Meares

Prime Minister Malcolm Turnbull is hitting the phones to reassure ethnic communities over proposed changes to the Racial Discrimination Act, report James Massola and David Wroe. [Fairfax]

Turnbull backed free speech and reforming 18c before he won the leadership in a clear nod to conservatives but Laura Tingle believes voters will hold “genuine rage” and think the PM has ‘once again abandoned his perceived views” with the Cabinet’s decision on the RDA. [Financial Review]

The urbane Member for Wentworth, whom many in the Liberal party consider is chiefly advised by his formidable wife Lucy Turnbull, “Malsplains” when questioned about the changes by a female Labor MP, according to Fleur Anderson. [Financial Review]

And the changes could cost seats, say “party insiders”.[Philip Coorey/Financial Review] with a “broad range of ethnicities” opposed, says The Guardian. [Katharine Murphy and Christopher Knaus]

Arthur Sinodinos has been copping heat ever since he said One Nation in 2017 are “more sophisticated” than they were two decades ago but will today liken the fringe party’s views on vaccinations to that of their stance on climate change science.

But what is troubling for Sinodinos is that One Nation’s views on climate change science are shared by many in his own party. [Laura Tingle/Financial Review]

The government will split in two its proposals to make savings, in a bid to get at least some passed ahead of the May budget. [ABC] 4. Hezbollah leader killed by his own

A big story in Middle Eastern politics with Israel claiming to verify reports that Hezbollah, the Lebanese militant Shia group, killed its own leader Mustafa Amine Badreddine in Syria.

Hezbollah blamed Sunni extremists. Israel is an enemy of Hezbollah and has an interest in trying to feed division within the organisation. [BBC] 5. Twitter shuts down terrorists

The social media company has been the target of governments ever since jihadists began setting up Twitter accounts to spread their propaganda to potential recruits.

But the company’s latest transparency report says Twitter shut down a total 376,890 terrorist accounts in just six months. [Liat Clark/Wired]6. Red Apples

Apple has quietly debuted special edition red iPhones and iPads [Dave Gershgorn/Quartz] and a video app with a voice-to-subtitles feature called Clips [Lauren Goode/The Verge].

It is the first update to the iPad since 2014, which peaked in terms of sales in 2013 and has been declining ever since. [Shira Ovide/Bloomberg]

But the tech giant’s long-term project is augmented reality (eg Pok??mon Go is AR). [Mark Gurman/Bloomberg]

Ever since I went android (first Samsung now Pixel) in 2015 I’m so meh about Apple but happy to hear your thoughts on iOs v Android.

And that’s it from me today, you can follow me on Facebook for more.

#mc_embed_signup{background:#fff; clear:left; font:14px Helvetica,Arial,sans-serif; } /* Add your own MailChimp form style overrides in your site stylesheet or in this style block. We recommend moving this block and the preceding CSS link to the HEAD of your HTML file. */

By submitting this form and creating your account you agree to the Fairfax Media Privacy Policies and Conditions of Use.

World is Smiggle’s ‘oyster’ boasts Premier

admin | 苏州桑拿

Premier Investments believes the world is “Smiggle’s oyster” as it gears up to name the next international territory for its runaway kids stationery label by September.
SuZhou Night Recruitment

Premier chief executive Mark McInnes said the shortlist for the next leg of Smiggle’s international expansion included North America as well as Asia but insiders suggest Europe is the most likely next stop.

The Solomon Lew-controlled retailer will open more than one new Smiggle store a week for the next two years and that does not includes the planned expansion into the Republic of Ireland which was announced as part of its first-half results on Tuesday.

Premier is confident Ireland could support as many as 20 Smiggle stores in the next three years and it has already signed off on two sites and talks are under way regarding a further three store openings before Christmas.

“The great advantage that Smiggle has is that the world is its oyster, they’re all great markets and what we want to chose is the one that gives us the best returns for shareholders in that time frame,” Mr McInnes said.

“We will come back with an announcement about what we see as the next biggest growth opportunity for Smiggle, probably at the full-year results.” Not bidding

Premier has also counted itself out of any bidding process for Wesfarmers’ Officeworks chain after chairman Mr Lew said it didn’t “have an interest” in the operation.

Smiggle is the stand-out star of Premier’s retail stable, along with leisure wear label Peter Alexander. Those two brands accounted for the lion’s share of Premier’s half-year sales and earnings growth, according to broker Citi, as the company declared a 26?? dividend, up 13 per cent on the previous year.

Citi’s head of research Craig Woolford said Premier continued to enjoy strong growth from Smiggle and Peter Alexander and cost savings offset falls in its gross margin in the first half.

“Premier effectively managed employee and rental costs in order to offset gross margin declines, employee expenses grew at a slower rate than store growth,” Mr Woolford said.

Analysts calculate Smiggle and Peter Alexander account for 60 per cent of Premier’s profit and this proportion is expected to keep expanding. Tough conditions

Behind its rock-star brands, Premier’s apparel business appears to have been hit by the same conditions that triggered the collapse of six high-profile n fashion brands since December, including Marcs and Herringbone.

Four of its fashion labels reported a fall in total sales in the half, including Jay Jays, Dotti, Jacqui E and Portmans, which suffered a 5.8 per cent slump in total sales to $58.9 million for the half.

Premier has installed a new leadership team at Portmans, including Linda Levy as the new group general manager and two new merchandise mangers to sharpen its focus on product.

One analyst said Premier’s first-half performance was a “credible result” but he said the 73 basis point decline in gross margin suggested the margins for the worst performing apparel brands slumped by as much as 100 basis points.

“I think some of those brands, on their own would have pretty horrible results,” the analyst said. Amazon dismissed

Mr McInnes said Premier was not hit by soft January sales as reported by other apparel companies and it remained fully committed to all its apparel brands. iFrameResize({enablePublicMethods : true, heightCalculationMethod : “lowestElement”,resizedCallback : function(messageData){}, checkOrigin: false},”#pez_iframeA”);

“It was really only one of the brands that we were disappointed in and that was Portmans … and that has nothing to do with the health of the business,” Mr McInnes said.

And he foreshadowed a positive second half thanks in part to favourable timing of Easter, school holidays and Mother’s Day.

Premier held up the strong performance of its Smiggle online operation in the UK, one of the most fiercely competitive online markets in the world as proof it could take on Amazon and succeed.

Mr McInnes said the launch of Smiggle online had been nothing short of “exceptional” and it gave the business great confidence it could compete with global online giant.

“I think it’s been a bit lost in the commentary on Amazon, we are the owner of all our brands, we design, source and supply all our own brands and Amazon can’t sell our brands if we don’t sell it to them,” Mr McInnes said.

Premier’s net profit edged just 0.46 per cent higher in the half to $71.9 million, hit by one week’s less trading as well as a $3 million litigation cost as a result of its failed action to prevent its former chief financial officer from working for Cotton On.

First-half comparable store sales were 2.1 per cent higher, building on its record, 6.9 per cent like-for-like growth in the first half of 2016.

Total sales grew by 7.1 per cent to $588.6 million, an increase of 7.1 per cent on the pervious first half.

Got spare $5m to park? Secure Parking millionaire has just the spot

admin | 苏州桑拿

Garth Mathews joint CEO, Secure Parking.
SuZhou Night Recruitment

A $227 million deal in just made this Japanese company the largest car parking operator in the world

Liveable Sydney: The northern beaches and surrounds ranked by liveabilitySupermodel Jen Hawkins scores more than $5 million in North Curl Curl

Garth Mathews, founder and joint chief of ‘s largest car parking business, Secure Parking, is selling his designer home in Mona Vale for between $4.5 million and $5 million.

The move comes just a few months after Mathews and his brother Brett sold off a majority interest in the company they head up for $227 million to Japan’s largest car park operator Park24, which will effectively become the largest parking business operator in the world.

Secure Parking was founded by Mathews in 1979, and grew to dominate 38 per cent of the n market share, leaving the second largest player to 33 per cent of the market claimed by the billionaire Kwok family’s Wilson Parking.

Mathews commissioned his six-bedroom, six-bathroom residence by Marchese Partners following his purchase of the 1189-square-metre property in 2005 for $2.03 million from earthmoving equipment businessman Mark Flew and his wife Joanne.

Completed six years ago, the three-storey home has ocean views, a heated swimming pool and spa, triple lock-up garage and a floorplan that includes a separate study and media room.

Amid plans to stay local, albeit with all but one of the six children already having flown the coop, Mathews has handed the listing honours to Josephine Cowling, of LJ Hooker Mona Vale.

The closest comparable home is in neighbouring North Curl Curl, where supermodel Jen Hawkins and her model husband Jake Wall sold their designer digs on 750 square metres for $5,235,000 to cricket’s power couple Alyssa Healy and Mitchell Starc late last year.

The Mona Vale suburb high was set at $7.2 million in 2015 when Riviera boat dealer-turn-hotelier Lee Dillon and his wife Marianne sold their waterfront home in Rednal Street.

An oceanfront reserve house on Hillcrest Avenue sold last August for $6.9 million to Robert and Jacqui McLachlan, head of boarding at Barker College private school.

500 years on, have we learned from Utopia?

admin | 苏州桑拿

In 1516, Thomas More was at the top of his game. He was widely recognised as one of the great intellectuals of Europe; a key adviser to princes and prelates, and an esteemed colleague of the greatest thinkers of the age. That summer, while he was pondering the implications of taking on heavier responsibilities at the court of Henry VIII – a decision that eventually cost him his life – he visited his old friend Erasmus, and he wrote a little book.
SuZhou Night Recruitment

This book coined a word that changed the world: Utopia, or, to give it its full title, The New Island of Utopia. It was an arch little Latin pun: u-topos meant “no place”, but sounded the same as eu-topos, a “beautiful place”.

Why a new island? Because More’s world had just been shaken to its foundations by the discovery of “the New World”, a term which had itself only come into use a decade or so before. And the New World suggested the possibility of human societies living in utterly novel ways. People with eyes in the middle of their forehead, perhaps, or with strange rituals and beliefs, or – as More supposed – people who did not know the gospel of Christ, yet behaved better than the Christians who did.

More’s Utopia was not paradise or heaven. It was constructed and built by humans, yet so designed as to bring out the best in us and prevent the worst. It was this combination of wild fantasy, on the one hand, and what we would now call “regulatory design”, on the other, that distinguished More’s inventive text. The fantasy of a new island from a new world gave him the freedom to think through conventional wisdom, and excoriate the society, values, and customs of the world he lived in – where religion corrupts faith, money corrupts politics, self-interest rules everywhere and justice is not to be found.

Sound familiar? Are we condemned to this one narrow and unforgiving path through life, More asked? Or should we re-imagine what our world could be like, if only we could start afresh?

That was Utopia’s bold challenge. It might be thought to be the very first science-fiction novel every written, and many that followed in its wake owe Utopia an enormous debt. More’s book had effects not just in literature but in the real world, where thousands of communities from that day to this have sought not just to dream utopia but to build it, on some new island of their own: from New in Paraguay, to Utopia in the Northern Territory.

Yet after 500 years, utopia seems further away than ever. Indeed, the whole language of political vision, ambition, and dreaming has become a byword for pointlessness; even for fanaticism. The victims of Pol Pot’s utopia can be counted in the millions; that of Karl Marx, some would say, in the tens of millions.

But here in the “new island” of , what is striking is the lack of vision. We seem to be faced by the most crucial and far-reaching of problems: climate change, global inequality, terrorism and authoritarianism as far as the eye can see. Yet our political discourse does not seem up to the task. Politics appears nothing but the pursuit of the narrowest of middle grounds. The 24-hour media cycles encourage the same narrow discussions, the same refusal to think ambitiously or imagine more far-reaching questions. Our country, like the ostrich, has its head in the sand – paralysed by fear and consumed by denial.

So what have we lost by refusing to look to the horizon? – by refusing to re-imagine our world and, in the process, cast a seriously critical eye on what now counts as received wisdom? This critical imagination seems to have wholly deserted us. The funny thing is scientists now think there is not one universe but an infinite number, constantly popping up like bubbles of gas on the surface of a marsh. But just as scientists are finding the truth in a universe of infinite possibility, our politics seems determined to shut our options down, insisting there is no choice but the world, the society, the economy – good grief, even the housing market – we happen to have now.

On the 500th anniversary of More’s little book, the time has surely come to take some risks. The goal will not be to find a utopia that everyone can agree on. On the contrary, More’s imaginary world was designed to place in stark relief the failures and the betrayals of the world as it actually existed. Utopia is u-topos – no place. Rather, it is a thought experiment against which to test our beliefs, to challenge the order of things, and to measure our world against our needs and desires. Without it, eu-topos is slipping away, leaving us victims of the future, rather than its architects.

Professor Desmond Manderson is director of the ANU’s Centre for Law, Arts and the Humanities. The centre, with the National Library and Radio National’s Big Ideas, will host a roundtable at 6pm on March 28 to commemorate the 500th anniversary of Utopia’s publication. The roundtable will feature Peter Singer, Alexis Wright, Russell Jacoby and Jacqueline Dutton. For tickets, see the National Library’s website.

Bill Shorten’s old house in Moonee Ponds sells at auction for $3m+

admin | 苏州桑拿

Opposition Leader Bill Shorten together with Chloe cast their votes at the Moonee Ponds West Primary School in Moonee Ponds, on Saturday 2 July 2016. Photo: Alex EllinghausenElection 2016 on Opposition Leader Bill Shorten’s campaign. Photo: Alex EllinghausenInside Malcolm Turnbull’s Point Piper mansionHouses cabinet ministers ownBill Shorten stares down property industry
SuZhou Night Recruitment

The family who paid opposition leader Bill Shorten and his ex-wife Debbie Beale $1.75 million for their outgoing marital home in Moonee Ponds eight years ago sold it last Saturday for $3.01 million – a 72 per cent capital gain.

Maynooth, in tree-lined Laura Street, one of the north-western suburb’s most exclusive thoroughfares, had hit the market last month with $2.8 million-plus price hopes.

The renovated red brick double-storey home with four bedrooms, sits on 843 square metres around the corner from Puckle Street.

Mr Shorten is still a regular at that popular retail strip after almost immediately relocating to another historic home nearby, with his then-girlfriend Chloe Bryce, with whom in 2009 he had a daughter, Clementine.

Ms Bryce, the daughter of former governor-general Quentin, went on to wed Mr Shorten at the end of 2009.

The former AWU National Secretary – who had developed a media profile following the Beaconsfield mining disaster – had only recently moved to the House of Representatives winning the safe seat of Maribyrnong in 2007.

Following came a political career early on dogged in controversy for both his support, and lack of support, for two federal leaders: Kevin Rudd and Julia Gillard. He has since enjoyed support as opposition leader for the past three and a half years.

Maynooth at 16 Laura Street was sold in December 2008, and last weekend, by Nelson Alexander. Agents Andrew Johnston and Milo Rasinac managed the recent auction.

The property also included a deep solar heated pool and rooftop terrace showing off the elevated area’s city views. Sources speculate the Shorten’s nearby family home would be worth in excess of $3 million, too.

Mont Albert’s commercial values jump 35% over 15 months

admin | 苏州桑拿

MARKET WRAP
SuZhou Night Recruitment

SALES

Mont Albert North

A local investor has reaped a 35 per cent increase on two shops bought 15 months ago. The identical shops at 2A and 2B Milne Road transacted for $800,000 in late 2015 and sold again last week for $1.08 million, Stephen Speck from Gorman Commercial said. “The increased demand from owner-occupiers triggered the significant jump in value,” he said.

Frankston

Two investors buried the opposition, purchasing a pair of Allison Monkhouse Funeral Homes in Frankston and Mornington. One at 362-364 Nepean Highway sold for $3.7 million to an owner-occupier. The other at 102 Strachans Road in Mornington on a land area of 2357sq m was snapped up by a developer for $2.8 million, Daniel Philip, John Nockles and Ian Angelico from CVA said.

Malvern

One investor outbid five others, paying $1.32 million for a two-level, freehold shop at 17 Glenferrie Road sold with vacant possession. Teska Carson’s Tom Maule and Adrian Boutsakis said the area was tightly held with the owner having purchased 30 years ago. “Properties on the market within this precinct, when they do become available, always attract a high level of interest from a broad range of buyers and this was no exception,” Mr Maule said.

Notting Hill

Lawson Real Estate’s Mark Spigelman negotiated the sale of three office buildings at 7, 8 and 9 Business Park Drive for a total value of $3.85 million, a land rate of about 2500 per square metre. Low interest rates continue to spur demand for properties in the south-east, he said.

Derrimut

A local private investor paid $2.97 million for a new office warehouse at 74 East Derrimut Crescent. The 2686sq m building is leased on a six-year basis at a net annual rental of $160,000. The sale price reflected a yield of 5.3 per cent, Knight Frank’s Joel Davy and Gab Pascuzzi said.

Laverton North

An owner-occupier has snapped up one of the last remaining development sites in Laverton North. The 5784sq m site at 46-52 Hume Road went for $1,214,640. Joel Davy from Knight Frank said the land had a lot of interest but was secured by a private buyer.

Clifton Hill

Owner-occupiers have also featured prominently in Clifton Hill. Savills ‘s Julian Heatherich, Nick Peden, and Jesse Radisich said a property at 44 Alexandra Parade sold for $910,000. “This is the third property we have sold to an owner-occupier in the last few weeks underlining just how strong the current owner-occupier market is,” Mr Heatherich said.

Dandenong

A shop leased to Hot Bread Bakery, Shop 8 at 236-242 Lonsdale Street, sold for $520,000 in a record-setting deal for the area, Cameron’s John Guastella said. The shop was leased until 2018 with an option to extend, generating a yield of 4.6 per cent.

West Melbourne

Developers continue to target the city fringe. Gross Waddell’s Andrew Thorburn and Andrew Waddell sold a warehouse at 513-521 Victoria Street for $3.672 million. The property was sold with approved plans and permit for 26 apartments and one retail shop in a hotly contested auction, they said.

Canterbury

A corner shop near the railway station at 200 Canterbury Road sold to a local investor keen to get into the market for $885,000. The price reflects a yield of 2.78 per cent. The property was leased to a homewares business on a new three-year lease, Gorman Kelly’s Robert Kelly said.

LEASES

Mulgrave

Expanding business Allison Monkhouse has taken over ANZ’s 650sq m office tenancy at 700 Springvale Road on a five-year lease. The funeral director will occupy level two of the stand-alone five-level building, where a refurbishment was completed in July last year. Colliers International’s Kevin Tutty, Rob Joyes and Travis Myerscough negotiated the deal at $340 per square metre on behalf of Prime Value. Meanwhile, Natural Flooring Concepts has taken up a 1913sq m office/warehouse lease in Dandenong South. Michael Burne negotiated the five-year term at $80 per square metre on behalf of Equaland.

Windsor

Sash Pizza, a new Japanese pizza concept, has leased a 150sq m space at 113 Chapel Street. The property was leased on a six-year basis at a rate of $1000 per square metre, Knight Frank’s Paul Pellegrino said. The deal saw a 70 per cent uplift in rental from the previous deal done only three years ago.

MOVERS

Mornington- based Nichols Crowder agency has formed an alliance with Kevin Wright Real Estate, taking over Wright’s property management business. Wright will retain its sales and leasing divisions. Nichols Crowder’s Richard Wraith said the alliance adds to the “thousands of commercial and industrial properties we currently manage, allowing us to offer more efficient services to landlords and tenants”.

Submissions to [email protected]苏州夜总会招聘.au