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Month: September 2018

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Spending must be reined in to steady economy

Nobody likes the idea of paying more interest than we already do on our home loans. And few home-buyers would have been particularly happy about the Reserve Bank’s decision to raise interest rates by a quarter of a percentage point this week.The increase took the cash rate to six percent, the highest it’s been in more than five years.The bank says the increase was necessary to curb borrowing and to stem inflationary pressures in the economy, such as the high price of fuel, an issue that hits the hip pocket of nearly all of us.The rise is a blow for Prime Minister John Howard, who campaigned on lower interest rates at the last election.No doubt he would have preferred that the Reserve Bank did not lift the rate this time around, but, just as he would have claimed responsibility for a decrease (and has done just that in the past), the Prime Minister also needs to accept some responsibility for this week’s rise.For many families, it will undoubtedly put more pressure on the household income.In the long run, though, so too would spiralling inflation.Contrary to popular opinion, the Reserve Bank suggested high debt levels and increasing consumer spending were the main reasons for the rate rise, not bananas and high petrol prices, which played a lesser role.Reserve Bank governor Ian Macfarlane said inflation was rising steadily.”Based on the gradual increase in underlying inflation this year, and the wider background of above-average global growth and strong domestic demand .th.th. underlying inflation in the period ahead (is) likely to exceed forecasts,” he said.Figures show consumer retail spending is up more than five percent on last year, prompted perhaps by Treasurer Peter Costello’s promised tax cuts.Whatever the case, that spending – and indeed, spending in other sectors – needs to be reined in if we are hold the economy steady.At the end of the day, we can’t have it both ways.The economy has to be managed in such a way that we don’t lose control over either factor – inflation or interest rates.Between them, Howard and Costello have done that reasonably well over the past 10 years.
Nanjing Night Net

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


22/09/2018 0

Fast rail ready

THE 64-minute express train service between Ballarat and Melbourne will be up and running next month.More than 90 services including more peak, late-night and weekend services, will be delivered to Ballarat each week when the new statewide V/Line timetable is introduced on September 3.Premier Steve Bracks, who unveiled the new timetable at the Ballarat Railway Station yesterday, said the new V/Locity trains would travel up to 160km/h and shave at least 23 minutes travel time from one morning and one afternoon peak service.”The new timetable increases rail services for Ballarat by a massive 72 per cent, with four more peak and nine more off-peak services each weekday when people want to travel,” Mr Bracks said.Weekend services for Ballarat will also be boosted with 27 services to run on Saturdays compared to the current 14 and 24 to run on Sundays compared to the current 12.”All up there will be another 91 services across the whole week,” Mr Bracks said.In addition to more off-peak and weekend services, Bacchus Marsh will receive four new peak services on weekdays, while Melton and Ballan will get two more peak services including earlier trains into Melbourne.Ballarat Mayor David Vendy welcomed yesterday’s announcement, claiming it delivered Ballarat with the sort of rail service it deserved.”It’s taken a while to come, but this is a great day for Ballarat,” Cr Vendy said. “The new 64-minute service is a marketing tool for us being only about an hour from Melbourne. “Mr Bracks said yesterday’s announcement was the culmination of the biggest investment in regional rail in 150 years.He also defended the massive budget blowout of the project, which was originally estimated to cost $80 million.”It has cost more but it is worth it,” Mr Backs said. “We hoped that it would be done under a private provision of the project, but that wasn’t achieved because there wasn’t enough private sector appetite for it, so we revised the budget and of course it is now a budget that is $750 million.”I think it is money well spent on good services which are going to be sustained for at least the next 40 to 50 years.”
Nanjing Night Net

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


22/09/2018 0

Royal Game aims for crown

NEW Zealand raider Royal Game will need to be right at his best in Ballarat tonight if he is to earn a direct path into the $145,000 V75 Australasian Breeders Crown two-year-old trotters’ final on Sunday, August 20.Royal Game has drawn by far the toughest heat of the series.With New Zealand champion reinsman Tony Herlihy in the sulky, Royal Game clashes with impressive South Australian Keystone Maori and the Kerryn Manning-trained Donttelldhmehetrots, which has won The Maori Legend and finished second in The Redwood Classic at his past two starts.The second of three heats also includes unbeaten Likaplayboy, well-bred Le Acteur and Bob Conroy’s consistent Universal Spirit.Royal Game has arrived in Australia as a maiden, but despite this status has put in some big efforts behind the smart Constar.He has not raced since finishing second to Constar in a Breeders Crown heat in Auckland and will need to run right up to that effort to put himself in contention again.Donttellmehetrots is also a great chance despite being a shade disappointing in The Redwood Classic at Maryborough, where he led and appeared to have the race in his keeping before fading over the last 200m.The Safely Kept gelding has won three of eight starts though and knows what winning is all about.If he runs up to his effort in The Maori Legend at Stawell two outings ago, he is going to be extremely hard to beat.Keystone Maori arrives from SA with a top record of four wins and a second in five starts, although this is by far the toughest assignment he has faced.His trainer-driver Alan Smith has had several smart squaregaiters over many years, including The Keystone Cop (26 wins), Sheza Cop (12 wins) and Ima Cop Too (14 wins), which is the mother of this youngster.Likeaplayboy won his only race start at Geelong on July 26 and on this performance must rate highly, while Le Acteur is the latest progeny of former class mare Fionas Flair to hit the track.Fionas Flair has also left top flight squaregaiters Touch Of Flair (22 wins), Son Of Flair (16 wins) and Mighty Maori (13 wins).My Missindependent is the one to beat in the opening heat tonight, while the third appears wide open with Gentle Image the best ahead of Enotheque, Sunny Elegant, and Earls Jewel.Heat winners go straight into the rich final on the $1.1 million “Super Sunday” in Ballarat on August 20, while the best of the losers will get a second chance in repechages at Bendigo on August 9. New Zealanders Constar and Fidicia are already qualified for the final after taking out heats in their homeland.
Nanjing Night Net

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


22/09/2018 0

CENTRAL HIGHLANDS FOOTBALL LEAGUE

BALLAN 3.2 8.5 10.8 14.9 (93)NEWLYN 4.2 6.2 10.3 13.4 (82)GOALS – Ballan: Mullane-Grant 8, Watts 2, Broom, Mullan, Wilkie, Sims. Newlyn: Sacco 3, Chew, Stephens 2, Dwyer, Davidson, Whatmore.BEST – Ballan: Hehir, Cartledge, Mullane-Grant, Fenwick, Broom, Sims. Newlyn: Sacco, Chew, Cosgrave, Stephens, Eastwell, Stott, Wilson.DAYLESFORD BULLDOGS 5.4 11.5 15.13 19.15 (129)LEARMONTH 3.0 6.1 8.1 11.3 (69)GOALS – Daylesford: Thompson 6, Cummings, Scoble 3, O’Brien, Rodgers 2, Adams, Cronin, Keighran. Learmonth: Basham 3, Sobey, Davey 2, Kline, Beacham, Powell, McGuigan.BEST – Daylesford: Adams, Nebitt, Reeves, J. Adams, Winduss, O’Brien. Learmonth: Gudgeon, Basham, Lee, Powell, Beacham, McGuigan.GORDON 0.1 1.4 8.4 15.7 (97)DUNNSTOWN 4. 8.6 9.9 11.10 (76)GOALS – Gordon: Jenkins 4, Sheehan, Manchee 3, Gladman 2, Svilicic, Kersley, Lyons. Dunnstown: Aikman 2, Cahir, Williams, Ebery, Leach, Cahir, Smith, George, Shellard.BEST – Gordon: not recorded. Dunnstown: Brown, Watt, Bickley.WAUBRA 6.4 13.6 18.16 23.20 (158)SPRINGBANK 2.1 5.4 6.5 9.6 (60)GOALS – Waubra: Brown 9, Clark 5, McIntyre, Dodds 3, Naylon, S. Mullane, T. Mullane. Springbank: Wiseman 3, Tranquilli 2, Toohey, Tung, Kane.BEST – Waubra: Brown, Dodds, T. Mullane, Miller, S. Mullane, Clark. Springbank: Tranquilli, Segrave, Florance, Wilson, Gilbert, Toohey, Wiseman.HEPBURN 4.6 13.10 17.17 25.20 (170)CRESWICK 4.1 5.1 7.1 9.2 (56)GOALS – Hepburn:” Seiz 10, Raak 6, Ferrier 2, McKay, James, Winard, Leehane, O’Halloran, Brown, Howard. Creswick: Robinson 3, Ryan, Johnson, Brand, Hofman, Dwyer, Hughes.BEST – Hepburn: Seiz, Newton, Ferrier, Brown, James, O’Halloran. Creswick: Hofman, Page, Coxall, Rieniets, Hughes, Wright.BUNINYONG 4.4 10.7 13.9 15.12 (102)BEAUFORT 2.4 6.4 9.6 12.10 (82)GOALS – Buninyong: Scott, Mann, Berriman 3, Morgan 2, Roberts, Leskosek, Henderson, Bomitali. Beaufort: Ramage, Trigg 3, Whelan, Frazer 2, Finlayson, Martin.BEST – Buninyong: Roberts, Morgan, Lavery, Gilbert, Scott. Beaufort: Whelan, Downs, Cameron, Hayes, Frazer,Collins.BUNGAREE 4.7 9.9 16.13 20.17 (137)CLUNES 0.2 7.4 8.6 12.7 (79)GOALS – Bungaree: Nicholson 8, MacDonald 4, Lloyd, Carmody 2, McKenzie, Smith, Prendergast, Steenhuis. Clunes: Adam 5, Harris 4, McLennan 2, Smith.BEST – Bungaree: Raworth, Castles, Nicholson, MacDonald, Spratling. Clunes: Adam, Buscombe, Edwards, Allen, Mitchell, McLennan, Anderson.LADDER:WAUBRA 14 13 1 0 1874 967 193.80 52 HEPBURN 14 12 2 0 1811 891 203.25 48 BUNGAREE 14 12 2 0 1502 986 152.33 48 DAYLESFORD BULLDOGS 14 11 3 0 1770 928 190.73 44 LEARMONTH 14 9 5 0 1369 1064 128.67 36 Ballan 14 8 5 1 1524 1371 111.16 34 Buninyong 14 7 7 0 1481 1295 114.36 28 Dunnstown 14 7 7 0 1212 1068 113.48 28 Newlyn 14 6 8 0 1224 1298 94.30 24 Springbank 14 4 9 1 1023 1660 61.63 18 Clunes 14 3 11 0 1106 1468 75.34 12 Beaufort 14 2 12 0 938 1667 56.27 8 Creswick 14 2 12 0 864 2004 43.11 8 Gordon 14 1 13 0 849 1880 45.16 4 LEADING GOALKICKERS: L. Brown (Waubra) 84, T. Mullane-Grant (Ballan) 61, G. Seiz (Hepburn) 60, B. Nicholson (Bungaree) 51, S. Dwyer (Newlyn) 46, R. Rodgers (Daylesford) 45, A. McKay (Hepburn) 44, J. Harris (Clunes) 42, S. Crowe (Buninyong) 36, C. Raak (Hepburn) 33.me14RESERVESBALLAN 15.13 (103)NEWLYN 4.1 (25)GOALS – Ballan: Cox 7, Farrugia, Coffey, Whelan 2, Moxon, Raffaele. Newlyn: Rice 2, Tippett, Tudball.BEST – Ballan: Bongart, Collis, Coffey, Cox, Raffaele, Hamm. Newlyn: McGuinness, Tippett, Fitzpatrick, Coyle.LEARMONTH 6.5 (41)DAYLESFORD 6.0 (36)GOALS – Learmonth: Hoskin 2, Karslake, Powell, Wilson, Pongho. Daylesford: Adams 3, Jurcan, Mobbs, Scascighini.BEST – Learmonth: Powell, Herbertson, Redfern, Hoskin. Daylesford: Gunsser, O’Brien, Watt, Golden, Boyd, Adams.DUNNSTOWN 14.9 (93)GORDON 4.3 (27)GOALS – Dunnstown: Boyd, Thompson 4, Dovaston 2, McKenzie, Mutimer, Coleman, Baxter. Gordon: Callanan, May, Toohey, Ferguson.BEST – Dunnstown: Kerry, Thorpe, J. Mason, N. Mason, Dovaston. Gordon: Callaghan, Miller, Winter, Ferguson.WAUBRA 15.19 (109)SPRINGBANK 0.0 (0)GOALS – Waubra: Rushton 4, Moran 3, Clark, C. Molloy 2, L. Molloy, R. Molloy, Gallagher, Clark.BEST – Waubra: R. Molloy, C. Molloy, Moran, Rushton, Steenhuis, Menhennet. Springbank: Rix, Cunningham, Howthorne, Kennedy, Hutchines.HEPBURN 8.12 (60)CRESWICK 5.2 (32)GOALS – Hepburn: Ryan 3, Torrance, Courtot, Johns, Keating, Reeves. Creswick: Antonio, Blake, Farrell, B. Jarvis, M. Jarvis.BEST – Hepburn: Keating, Torrance, Keating, O’Halloran, Ryan, Aberdein. Creswick: Strybosch, Jarvis, Blake, Farrell.BUNINYONG 12.17 (89)BEAUFORT 0.1 (1)GOALS – Buninyong: Marshall, A. McCarty 3, Kerr 2, Birthisel, Emonson, C. McCarty, Watson. BEST – Buninyong: Finley, Marshall, Birthisel, Watson, Kerr, Kennedy, Nissen. Beaufort: Rea, Kirkpatrick, Sandlant, Finch, Eastick.BUNGAREE 18.10 (118)CLUNES 5.6 (36)GOALS – Bungaree: Jeffrey 7, Schurmann 6, Steenhuis, Ralston, Schiltz, Brown, Grayling. Clunes: Allen 3, Slater 2.BEST – Bungaree: Grayling, Boyd, Trigg, Lindeback, Schurmann, Jeffrey. Clunes: Featherston, John Hind, Sheehan, Slater, James Hind.LADDER: HEPBURN 52 premiership points, 264.52 per cent; BALLAN 48, 323.13; BUNGAREE 48, 315.83; BUNINYONG 44, 217.22; LEARMONTH 44, 143.96; Waubra 40, 247.64; Creswick 20, 68.09; Newlyn 20, 62.63; Gordon 20, 50.21; Dunnstown 16, 65.01; Clunes 16, 63.27; Daylesford 12, 47.49; Springbank 12, 32.92; Beaufort 0, 33.49.LEADING GOALKICKERS: B. Cox (Ballan) 57, M. Allen (Clunes) 30, A. Schurmann (Bungaree) 30, B. Bohn (Learmonth) 27, M. Cullum (Hepburn) 22, S. Humphries (Waubra), C. Mann (Buninyong) 21, L. Stapleton (Bungaree (19), A. Farrugia (Ballan), C. McCarty (Buninyong) 18.UNDER-18BALLAN 7.14 (56)NEWLYN 5.4 (34)GOALS – Ballan: Not recorded. Newlyn: Not recorded.BEST – Ballan: Not recorded. Newlyn: Not recorded.DAYLESFORD 13.12 (90)LEARMONTH 7.5 (47)GOALS – Daylesford: Cummings, Townsend 5, Dwyer, Moloney, Nulty. Learmonth: McKenzie 4, Pongho 2, Curran.BEST – Daylesford: Cummings, Cowan, Townsend, Mobbs, Dwyer, Nulty. Learmonth: Martin, Pongho, McKenzie, Holton.DUNNSTOWN 11.14 (80)GORDON 2.0 (12)GOALS – Dunnstown: Close 4, Maher, Pearce 2, Williams, Mullane, Leoncini. Gordon: Emmett, Munari.BEST – Dunnstown: Close, Anderson, Gellert, Duffy, Auchettl, Britt, Leoncini. Gordon: Munari, Van Egmond, Jacobs, Gunnell, Lahey.SPRINGBANK 6.4 (40)WAUBRA 4.5 (29)GOALS – Springbank: Dickson, Popovski, Quinlan, Raper, B. Rix, L. Rix. Waubra: B. Dowler, Loaney, Dwyer.BEST – Springbank: Dickson, Moran, L. Rix, Raper, Sullivan. Waubra: G. Dowler, Loaney, B. Dowler, Gallagher.CRESWICK 13.9 (87)HEPBURN 6.5 (41)GOALS – Creswick: Douglass 4, Patterson, Hughes 3, Reeves, Morris-Flynn, Murray. Hepburn: Carman 4, Cimera, Hughes.BEST – Creswick: Team effort. Hepburn: Walsh, Santurini, Cimera, Hughes, Hartmann, Winard.BEAUFORT 8.12 (60)BUNINYONG 3.0 (18)GOALS – Beaufort: Bruty 3, Foster, Hayes, Kirkpatrick, Murray, Bourke. Buninyong: Avery 2, Robson.BEST – Beaufort: Bruty, Whelan, Bourke, Murray, Foster, Liston. Buninyong: Marsden, Robson, McVitty, Ford.BUNGAREE 12.15 (87)CLUNES 2.5 (17)GOALS – Bungaree: Fothergill 3, Guthrie 2, Jones, Laux, Lindeback, O’Neill, Ritchie, Devereux, Evans. Clunes: Douglas, Hind.BEST – Bungaree: Riske, Blain, Gray, O’Neill, Trigg, Lindeback. Clunes: McCormack, Hind, Edwards, Halliday.LADDER: BUNGAREE 56 premiership points, 526.62 per cent; CRESWICK 52, 588.98; DUNNSTOWN 40, 235.41; BEAUFORT 40, 181.97; BUNINYONG 40, 170.87; Hepburn 36, 198.58; Daylesford 32, 144.67; Ballan 24, 103.11; Gordon 24, 84.00; Newlyn 16, 72.76; Clunes 12, 93.84; Learmonth 12, 22.56; Springbank 8, 24.35; Waubra 0. 8.09.LEADING GOALKICKERS: E. Guthrie (Bungaree) 75, B. Lockyer (Creswick) 51, S. Bruty (Beaufort) 46, B. Hayes (Beaufort) 36, A. Munari (Gordon) 33, M. Ward (Buninyong) 30, C. Morris-Flynn (Creswick) 29, S. McVitty (Buninyong) 28, M. Ellis (Clunes) 27, B. Doran (Ballan) 25.UNDER-15NEWLYN 4.8 (32)BALLAN 3.6 (24)GOALS – Newlyn: Sandford 3, Galea. Ballan: Bendelle 2, Masters.BEST – Newlyn: Sandford, Allen, Slater, Cossins, Randall, Dridan. Ballan: Bendelle, Mullane, Masters, Goldie, Arnott, Mann.DAYLESFORD 9.5 (59)LEARMONTH 2.1 (13)GOALS – Daylesford: Dwyer 3, Micklewright, Mill 2, Waters, Alexander. Learmonth: Not recorded.BEST – Daylesford: Dwyer, Mill, Alexander, L. Kosky, J. Kosky, Brown, Cowan, Helper. Learmonth: Garrod, Leonard, Curran.DUNNSTOWN 15.15 (105)GORDON 0.0 (0)GOALS – Dunnstown: Smith 5, Matthews 4, Forbes 2, Leonard, Mason, Rattley, Collins. BEST – Dunnstown: Smith, Rattley, Hardefeldt, Leonard, Collins, Forbes, Murphy, Matthews. Gordon: Nolan, Lahey, Gorman, Toohey, McKenzie.SPRINGBANK 12.11 (83)WAUBRA 0.1 (1)GOALS – Springbank: A. Donegan 5, Lancashire 3, Maher 2, Simpson, Ringin.BEST – Springbank: A. Donegan, Lancashire, Keighrey, Curran, Maher, S. Donegan. Waubra: Dalton, Slater, Becker.HEPBURN 11.7 (73)CRESWICK 1.3 (9)GOALS – Hepburn: Rogers 6, Frost 3, Hughes 2. Creswick: Gregg.BEST – Hepburn: Hughes, O’Halloran, Albert, Frost, Wetzel, Malone, Hook, Liversidge. Creswick: Taylor, Hepworth, Gerdes, Lowe, Ellis.BEAUFORT 9.6 (60)BUNINYONG 3.2 (20)GOALS – Beaufort: Turner 5, Davies 2, Cullinan, Walsh. Buninyong: Dunstone, Johnston, McKenzie-McHarg.BEST – Beaufort: Murray, Turner, Luke Ward, Leigh Ward, Hall, Davies. Buninyong: Dunstone, McKenzie-McHarg, Johnston, Flood, Grundell.CLUNES 8.2 (50)BUNGAREE 5.3 (33)GOALS – Clunes: Garth 3, Bertram, Hellyer. Bungaree: Bennett 2, Davies, Michelutti, Trevenen.BEST – Clunes: Humm, Wallis, Himd, Bertram. Bungaree: Smith, Stevens, Harris, Trigg, Quinlan.LADDER: HEPBURN 56 premiership points, 612.06 per cent; DUNNSTOWN 52, 548.48; DAYLESFORD 44, 248.52; SPRINGBANK 40, 176.49; BUNGAREE 36, 239.46; Clunes 36, 134.34; Beaufort 32, 129.90; Creswick 28, 107.51; Newlyn 28, 55.67; Ballan 16, 68.36; Buninyong 8, 21.49; Gordon 8, 11.15; Waubra 4, 26.10; Learmonth 4, 20.47.LEADING GOALKICKERS: J. Rodgers (Hepburn) 58, B. Greenwood (Hepburn) 36, T. Smith (Dunnstown) 32, P. Dwyer (Daylesford) 31, B. Bennett (Bungaree) 29, L. DeJong (Dunnstown), J. Taylor (Creswick) 26, J. Turner (Beaufort) 25, L. O’Halloran (Hepburn) 22, B. Fogas (Clunes) 21.
Nanjing Night Net

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


22/09/2018 0

Developer’s vision for Mersey fuel-tank site

POSSIBILITIES: The newly desirable site on the western bank of the Mersey.Paul Rodrigues recently bought the old rendering plant in Devonport Main Rd in what has long been an ugly industrial zone just south of the Victoria Bridge.
Nanjing Night Net

He wants to see the riverfront site redeveloped and a “mini-Southbank” (referring to the newly upmarket South Yarra district in Melbourne) take the place of what the locals call the old “guts” factory.

Mr Rodrigues envisions 30-50 upmarket apartments sitting right next to the water or a trendy waterfront precinct boasting restaurants and accommodation.

The businessman was only in Tasmania for two days when he fell in love with Devonport and bought the waterfront land and another property on the eastern side of the river.

Yesterday he called Devonport the “best investment spot in Tasmania”.

Mr Rodrigues hopes his vision complements Devonport City Council’s plan to clean up the gateway to Tasmania so it can one day accommodate people rather than industry.

General manager David Sales said the development would fit “wonderfully” into the council’s long-term strategy for the Mersey River foreshore.

“Of course there would be short-term problems, but we could work through these,” Mr Sales said.

Mr Rodrigues hopes to meet with the council in the next few weeks to discuss his plans.

He said other development possibilities for the site included shops and outdoor eating establishments.

“Working with the council, this could be a spectacular part of Devonport,” he said.

It is expected that redeveloping the factory site into a river attraction would cost between $8 million and $10 million.

“There were lots of other places I saw around Devonport which made me think, `If only you could do this or that, this place would be spectacular.”‘

In the meantime the council hopes to progress talks with the fuel companies which own the land next to the old rendering plant to determine how long petrol tankers must be a part of the river skyline.

Caltex no longer uses its facility, and Mr Sales said he was trying to meet with Shell to talk about its long-term fuel storage plans.

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


22/09/2018 0
辽宁11选5时时彩开奖结果查询
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