Monday, 11 May 2009
Blue Dolphin Holiday Resort mystery
The Blue Dolphin Caravan Park Holiday Resort mystery.
There had been rumours drifting on the wind for some time that current and planned Mitchell family partnered developments on the Clarence Coast were not as sought after as was previously anticipated by investors.
Now comes confirmation that all is not rosy in the garden and the possibility that sell-offs are in the air:
Selling off individual Blue Dolphin cabins does not appear to indicate confidence in the way ahead, but many Yamba residents will welcome the news that the NSW Government-approved proposed overdevelopment of this waterfront site is delayed.
As for other Mitchell interests - according to Mariner Coastal Land Fund (the unlisted property trust) Yamba Waters has unsuccessfully been offered for sale.
It is also understood that, due to the global financial crisis, Babcock and Brown is seeking a buyer for its percentage of the Angourie Rainforest Resort which it apparently accquired in 2006.
Labels:
coastal development,
Northern Rivers,
Yamba
Best political image found on a blog this month
Scott from over at GrodsCorp offering someone's $900 economic stimulus cheque, because "Even ideologically confused rabbles deserve a treasury spokesperson".
Labels:
Liberal Party of Australia,
politics
Sunday, 10 May 2009
The economy has gone to the dogs ...
but why do cats have to be so dramatic?
Click on image to enlarge
Source: Unknown
Labels:
cats and dogs,
economy
Australia may be down but it's not out
Only two more sleeps until the Federal Budget for 2009-10 is revealed.
With most people expecting the worst and mainstream media and Coalition heavies stoking this expectation, it's worthwhile looking at the nearest thing to an unbiased assessment available.
"Indicators of domestic activity, information from the Bank's liaison program and business surveys all suggest that the economy has been contracting since late 2008. A significant contraction in GDP is estimated for the first half of 2009, with the peak-to-trough contraction in GDP a little smaller than during the recession in the early 1990s. The economy is forecast to begin to grow from late 2009, although the recovery is expected to be gradual, partly reflecting the slow recovery in global demand (Table 16). In year-average terms, GDP is forecast to decline by ½ per cent in 2009/10 before growing by 2¼ per cent in 2010/11. Factors that would suggest a less severe recession here than in many other countries include the bigger decline in interest rates to end-borrowers, the healthier state of the financial sector, Australia's export mix (a relatively low share of exports of capital goods and high-value manufactures, where global trade has fallen most), the recent recovery in the Chinese economy, and the exchange rate depreciation in the second half of 2008."
Complete statement can be downloaded here.
Labels:
economy,
Reserve Bank
Pensioners - be prepared for another rash of social discrimination
After the unemployed, people on a pension often get the most negative feedback from the media and community at large.
Unless pensioners are frail aged or returned servicemen, people who have more in the bank look sideways at them and mutter about where their own tax dollars are going.
When the Rudd Government 2009-10 Budget gets handed down pensioners will have to steel themselves for an increase in the passive-aggressive hostility they frequently face once their welfare recipient status becomes known.
Because even if the media reports are incorrect in matters of fact or nuance, the damage has been done and those still making superannuation contributions will feel that they have been robbed; Rich to pay for pension rises in federal Budget.
It may be human but it is certainly not fair, that ordinary people who were denied a full education by the Great Depression, had their young adulthood ruined by world war or who suffer from a long-term chronic illness are to be blamed for accessing the social and economic safety net that Australia provides for all its citizens.
Labels:
Australian society,
economy,
welfare payments
Are NSW Health electronic patient records vulnerable to criminal hackers?
This was posted on Wikileaks on 3 May 2009:
On Thursday, April 30, the secure site for the Virginia Prescription Monitoring Program (PMP) was replaced with a $US10M ransom demand:
"I have your shit! In *my* possession, right now, are 8,257,378 patient records and a total of 35,548,087 prescriptions. Also, I made an encrypted backup and deleted the original. Unfortunately for Virginia, their backups seem to have gone missing, too. Uhoh :(For $10 million, I will gladly send along the password."
The site, https://www.pmp.dhp.virginia.gov/pmpwebcenter/login.aspx appears to have been entirely disabled and is presently unavailable.
On 8 May The Wall Street Journal confirmed this ransom demand but details of patient data vulnerability are unclear.
Reports which leave an uncomfortable feeling behind when I recall that the data centre and software which run NSW Health electronic patient records have experienced extensive systems failure recently.
Mick Keelty: a little reminder of why he won't be missed by the ordinary punter
Mick Keelty announced that he is resigning as Australia's top cop, effective September 2009.
Let's hope he now fades into obscurity. Heaven forbid that government would offer him a consultancy or two. He was dangerous enough to the national health when he was supposedly fully accountable.
In case any Aussie company was thinking of offering this man a responsible job - a little reminder of Keelty and his inability to cope with either the job or the general public.
"Eleven members of ABC's The Chaser have been charged and granted bail following their arrest in Sydney today.
Julian Morrow and Chas Licciardello, two of the stars of the satirical show, were among those detained by police today, after staging a fake motorcade through Sydney as part of an APEC week stunt.
They were charged under new APEC laws with entering a restricted area without justification.
The crew members were in a convoy of three cars and two motorbikes, which was reportedly ushered through two checkpoints in Sydney's APEC security zone."
* Police bungle sees Chaser charges binnedJulian Morrow and Chas Licciardello, two of the stars of the satirical show, were among those detained by police today, after staging a fake motorcade through Sydney as part of an APEC week stunt.
They were charged under new APEC laws with entering a restricted area without justification.
The crew members were in a convoy of three cars and two motorbikes, which was reportedly ushered through two checkpoints in Sydney's APEC security zone."
ABC News 30 January 2008:
"Australian Federal Police Commissioner Mick Keelty has called for limitations on the criticism of Federal Police and government security agencies.
He had also criticised some sections of the media over its coverage of terrorism cases.Commissioner Keelty told the Sydney Institute last night that there should be no public comment made about terrorism investigations until each matter has been finalised in court.
Commissioner Keelty says the criminal justice system should be left to operate free from ongoing public discussion.
"I understand it can be difficult to wait for the chance to freely express ourselves but I do believe to best serve the public interest and to attain the full enjoyment of all our rights we must sometimes delay that expression," he said.
He also says criticism of the AFP and other government agencies should be limited.
"We've just got to call a halt to criticising public institutions when it's the same public institutions that we rely upon to keep good governance," he said.
Journalist Hedley Thomas from The Australian won the Gold Walkley for his coverage of the Mohamed Haneef affair.
He says Commissioner Keelty's argument is contradictory.
"On the one hand he was saying that defendants and suspects deserve a much better go in the court of public opinion and that the media should treat them more kindly," he said.
"But the facts are that in the Mohamed Haneef case and others, it's been the police and security agencies and the politicians using police information that have smeared the character of the suspects before they've even been charged."
Crikey 25 March 2009:
"Keelty is remarkable in his capacity to blame others for the AFP's mistakes. After the Haneef affair, Keelty blamed everyone else — the media (whom he proposed to prevent reporting such cases), Haneef's lawyers, Haneef himself, Scotland Yard, the DPP — for the debacle when his own officers were the ones responsible for leaking material against Haneef, fabricating evidence and demanding he be charged without any basis. The AFP also later tried to avoid cooperating with the commission established to investigate what happened.
Not that Haneef was the only beneficiary of the AFP's particularly inept form of persecution. The false imprisonment and illegal interrogation of Izhar ul-Haque by ASIO agents — another breach of an individual's most basic rights that has escaped appropriate redress — occurred with the concurrence and participation of the AFP.
Now there's the weekend's events at Sydney Airport.
Thankfully they were only bikies intent on attacking one of their own. Terrorists could have killed hundreds and been heading off in a Silver Service cab before Keelty's Keystone cops arrived, the only threat being those sinister chauffeurs who try to foist rental cars on you when you walk through Departures. The CCTV system wasn't even working properly."
Labels:
Australian society,
police
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