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Brisbane businessman takes just 60 minutes to buy $3m penthouse

13/12/2018 | 苏州夜网 | Permalink

A Brisbane-based businessman has bought a multimillion-dollar Toowong penthouse the day he saw it, little more than a week after the apartment hit the market.
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The buyer ??? who selling agent Emil Juresic declined to name ??? owns importing and exporting companies in several countries.

“The buyer saw the place yesterday, twice,” the NGU Real Estate principal said. After visiting the property on the Wednesday morning, the buyer came back at seven o’clock that night with his family.

“I left him for one hour in the place with his family. I came back an hour later and the contract was on the table.”

Mr Juresic presented the offer of $3,075,000 to the sellers that night, even though they live on the southern tip of the Gold Coast.

“I drove all the way to Coolangatta at 11pm to finish the sale,” he said.

By midnight, the ink was dry and the offer accepted.

The relatively quick sale has left others in the property industry impressed, because prestige property in Brisbane can be notoriously difficult to move. Related: Brisbane remains a favourite for investorsRelated: Proposed new laws to make selling harder in BrisbaneRelated: Poorer suburbs can be up to 10 degrees hotter

“Having it sold in one week is really good, you don’t see that much. Especially high end properties,” Red & Co’s residential sales director Anthony Oddo said. “Sometimes they take four to six weeks and sometimes they take even longer.”

Mr Oddo suggested the sale may have been as fast because of the uniqueness of the property.

“There’s all that talk about units struggling but if you’ve got something that’s unique, it doesn’t have to be $2 million plus, it will sell and you won’t have to struggle to resell,” he said.

The penthouse at 37 Archer Street is certainly something special, featuring a huge New York-style void in above the living areas, 180 degree views of the Brisbane river from the two storey, floor-to-ceiling windows, and unbeatable city views. It also has four bedrooms, a rooftop spa, and nine car parks.

Mr Juresic put the speedy sale down to the quality of the unit and his team’s marketing strategy.

“We had a great product to sell, it’s got a great location too. It’s on the money,” he said. “I don’t want to sound arrogant but I always say this, I sold over $50 million in property in a year for one reason: my marketing strategy works.”

Maniumpathy hotel review, Colombo

13/12/2018 | 苏州夜网 | Permalink

THE PLACE
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Tour operators and travel agents have until recently tended to omit Colombo from their itineraries. But not including the burgeoning Sri Lankan capital in your plans, aside from all else, would mean missing some outstanding colonial-era architecture, some of which, including the Dutch Hospital, now a tasteful restaurant and retail complex, has been restored by the army following the end of the three-decade-long civil war. Maniumpathy, by contrast, is a 19th-century mansion-cum-boutique hotel that has belonged to no fewer than five generations of the Hallock family from Jaffna in Sri Lanka’s Tamil-majority far north. THE SPACE

Guests are in the best hands at this delightful establishment, named after a town called Manipay, since it is managed by the British-owned Manor House Concepts, a collection of restored accommodation-based villas, most of which date to the 19th-century British colonial period, across the teardrop-shaped island. After such a long history, Maniumpathy only recently was transformed into a boutique hotel in a well-to-do area of Colombo. The hotel is built around a tranquil courtyard garden and pool. THE ROOM

Each of the eight rooms, of which there are four types, are named after a woman from various generations of the family. I’ve scored the 52-square-metre Annapuranie Suite, an elegant, antique-festooned ground-level room that runs directly off the garden and pool. It features a four-poster bed and a large separate bathroom. Though the room is a little dark, there is an inviting small private garden terrace running off the bedroom. Meals are served under the nearby verandah of the majestic main house but you can also opt for room service. THE FOOD

One of the pleasures of a visit to Sri Lanka is its traditional breakfasts, replete with local egg and string hoppers and curries. One of the best is served here at The Nandi, the hotel’s low-key terrace restaurant overlooking the courtyard. Elsewhere, for larger groups, there is the opportunity to dine in the Grand Ebony Room, named after Maniumpathy’s 16-seat ebony table. If you fancy heading out for lunch, don’t miss the courtyard cafe at charming Barefoot Gallery on Galle Road. It doubles as the headquarters of the renowned textiles design house with branches throughout Sri Lanka. STEPPING OUT

Despite what you may read and hear, there is much to do and enjoy in Colombo with its British, Dutch and Portuguese influences. A visit to the Galle Face Hotel, the Raffles of Colombo and one of the oldest surviving colonial-era hotels in Asia, for a drink or a bite is essential as is an evening stroll along the seafront of Galle Face Green, Colombo’s premier, and oft-crowded, public park. Elsewhere, don’t miss frenetic Pettah markets, one of the nearest India-like experiences you’ll encounter in Sri Lanka. THE VERDICT

Maniumpathy is magnificent. It’s a fine, rewarding alternative to a stay in a larger hotel and an opportunity to experience a taste of Sri Lanka’s colonial history and architecture when the British referred to the island as Ceylon. The breakfasts alone are worthy of a return visit. ESSENTIALS

Doubles from $US200, low season. 129 Kynsey Road, Colombo. Ph +94 (01) 1269 6988. Maniumpathy can be booked as part of a Classic Safari Company itinerary. See classicsafaricompany苏州夜网.au; manorhouseconcepts苏州夜网; maniumpathy苏州夜网HIGHLIGHT

A languid Sri Lankan breakfast taken under the eaves of the mansion overlooking the beautiful courtyard, gardens and pool. LOWLIGHT

The hotel is a little removed from the main action in Colombo but transport is plentiful and easily arranged.

University of Newcastle graduates’ day to shine

13/12/2018 | 苏州夜网 | Permalink

University of Newcastle graduates’ day to shine | photos BIG PLANS: Law honours graduate Alex Winn (right) with Georgia Monaghan, before Mr Winn addressed fellow graduates at the University of Newcastle’s Great Hall on Thursday. Picture: Jonathan Carroll
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MOMENTOUS DAY: University of Newcastle graduates Billy Sun, Carrie Sun and Eva Guo pose for a selfie on Thursday. Picture: Jonathan Carroll

MOMENTOUS DAY: University of Newcastle graduates Billy Sun, Carrie Sun and Eva Guo pose for a selfie on Thursday. Picture: Jonathan Carroll

BIG PLANS: Law honours graduate Alex Winn before Mr Winn addressed fellow graduates at the University of Newcastle’s Great Hall on Thursday. Picture: Jonathan Carroll

MILESTONE: Graduates including Alice Irungu, in red, outside the Great Hall on Thursday. Picture: Jonathan Carroll

MILESTONE: Graduates outside the Great Hall on Thursday. Picture: Jonathan Carroll

MILESTONE: Graduates outside the Great Hall on Thursday. Picture: Jonathan Carroll

PROUD: Yan Xue at her university graduation on Thursday. Picture: Jonathan Carroll

TweetFacebookIFAlex Winn could go back and offerhis younger selfadvice on starting university, the law honours graduate wouldn’t pass on a golden study tiporseize the chance toeliminatehismistakes.

Insteadthe 24-year-old from Adamstown, who was among hundreds of business and law students to graduate from the University of Newcastle on Thursday, would go back and soak up everything aboutstudent life that he could.

“I would say to get involved in things, because there’s always opportunities,” hesaid.

“And not just the study opportunities; I’d saygo to the parties, just get involved.”

At the end of six years of study for adouble degree, Mr Winn empathised with hisfellow graduates in theGreat Hall on Thursday about Newcastle student cultural artefacts such as$7 deals and the“David Attenborough”-worthy mosquitoes of Jesmond.

He also appealed to each of them to use theirprivilege for good, and to protect the rule of law from those who might tryto erode it.

“In times when those values feel increasingly under siegewe must speak up in their defence,” he said.

“For all graduates, our degrees have taught us skills in critical thinking, logic and reasoning.I hope we use them well. To confront bigotry and ignorance with rational argument. To act with kindness and compassion rather than fear.”

Mr Winn now teaches the university’s first-year law program full-time, andwill take up a position next year as a tipstaff, or associate, to a judge on the NSW Court of Appeal in Sydney.

The university’sVice-ChancellorCaroline McMillen said this year’sgraduation, which concludes on Friday, is an opportunity to reflect on the transformative impact that education can have on a student’s life.

“Graduation is a grounding and inspirational moment for not only the students and their families, but also the university.It represents the culmination of years of hard work, dedication, trials, tribulations and personal growth that cannot be measured by marks alone,” Professor McMillen said.

“It is a proud moment for the University of Newcastleto watch the next generation of talented graduates cross the stage and embark on the beginning of their remarkable careers with a world-class education behind them.”

Health and Fitness: Stay motivated when Daylight Savings takes over

13/04/2019 | 苏州夜网 | Permalink

MOTIVATING: Lake Macquarie City Council have unveiled new fitness equipment at Speers Point and is encouraging residents and visitors to the area to get moving and give it a go. For the past couple of weeks I felt like I was finally starting to get my groove on where getting up early to exercise was concerned.
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STEP IT UP: There are six stations on offer with the stunning backdrop of Lake Macquarie. As the weather warms up, what more motivation do you need.

The kids have been waking up earlier and earlier as it’s been getting lighter in the mornings, so there has been no need for an alarm.

And, although I love having the extra hour of light of an evening between the October long weekend and Easter, there is nothing like Daylight Savingstarting to throw the early morning fitness sessions into disarray.

With this in mind I have pencilled in a string of upcoming fitness eventsfor added motivation when the alarm goes off.

See the new six-station fitness trail at Speers Point in action.One of those events is Ultra Trail in the Blue Mountains next May. Entriesare now open and it is a good longer-term challenge if you are looking for one.

For something shorter term or a bit closer to home, the Fernleigh 15 is looming large on October 22 but you still have a few weeks to get some training in or to get a team together for it.

Those living out Lake Macquarie may have some added motivation this spring and summer with council unveiling a new six-station fitness trail along the water at Speers Point.

The stations are spread across a 1.5-kilometre stretch and includestairs, parallel bars, sit-up benches, leg presses and more.

There is signage at all sites with instructions on how to use the equipment.

GET KIDS MOVINGAs we enter the second week of the school holidays parents, like myself, might be looking for ways to get the kids outdoors and burning off some energy to prevent everyone from going stir crazy.

Hitting atrampoline park one day or booking them in for aday of sporting activities are options,but that can get pretty costly pretty quick.

There are also plenty of ways to get the kids active without it costing you a cent.

Take them to the park or beach and set up a circuit. As a guide, trysquats, lunges, jumping jacks, shuffles, high knees then run between the markers (water bottles work). Take a ball or frisbee and make a game out of it. Or set up a ninja warrior obstacle course.

Go for a bike ride, walk orscoot. Hit the baths or pool and do some swimming, running or board paddling for other options.

BREAKKY RECIPEPeter Mullen of Mullen Natural Health Centre, Hamilton has been offering some healthy food tips for spring and this week it is a recipe for scrambled eggs with avocado and almond flakes

He says this breakfast is fullof good fats and bound to keep you you full until lunchtime:

Ingredients: 2 eggs, splash of milk or water, 1/2 teaspoon of butter, 1/4 of an avocado, 2 tablespoons of flaked almonds, pan fried in coconut oil.

Method: Pan fry scrambled eggs and liquid with salt and pepper in butter. Set aside. Using same pan, fry almond flakes, adding some coconut oil.

Serve: the eggs with the avocado and sprinkle almond flakes on top.

Spring loaded week #5With daylight savings here and the weather becoming more agreeable each week, the sand is another option for getting a workout.

Sand can help improve the stability and strength in your joints and offers an alternative to pounding the pavement. You can also enjoy the benefits of a swim in the ocean post-workout.

There are a variety of things you can do on the beach for a good workout and for you that may just be going for a walk.

If you want to work a little harder you could try a fartlek session such as: walk 2minutes, jog 1 minute, sprint 30 seconds. Then repeat in a continuous fashion for 20 minutes.

Upcoming fitness eventsRelay For Life, Hunter Sports Centre, Glendale, November 4:Raisingfunds for the Cancer Council, Relay for Life goes for 12 hours and involves cancer survivors, patients, carersand loved ones. cancercouncil苏州夜总会招聘.au.

Summer Run 10k Series, Maitland, Newcastle and Port Stephens:Athree-race 10km Summer Series will be staged at Morpeth (November 12), Carrington (February 4) and Nelson Bay (March 18). summerrun苏州夜总会招聘.au.

NewRun, Newcastle, April 15:This is over six months away but now is a good time to start planning. There are a range of distances. newrun苏州夜总会招聘.au.

Renee Valentine is a writer, qualified personal trainer and mother of three. [email protected]苏州夜总会招聘.au.

Stolen Porsche nears top speed in chase on the Hume Highway

13/04/2019 | 苏州夜网 | Permalink

Stanley CeissmanA CRIMINAL who skipped rehab led police on a high speed car chase in a white Porsche worth more than $150,000, reaching speeds of 250km/h.
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Stanley Ceissman fronted Albury Local Court this week after the police pursuit on the Hume Highway on August 6.

The 23-year-old was on parole and driving the stolen Boxster when he came to police attention at Woomargama.

He was only travelling at 106km/h when police noticed him at 8.20am, but quickly hit 206km/h when they activated their lights and sirens at Holbrook.

The car continued to travel at more than 200km/h over the next 100 kilometres.

The police at times reached speeds of 230km/h without gaining on the sports car.

The vehicle was travelling so fast, it took less than half-an-hour to drive 100 kilometres.

The incident came to an end near the North Gundagai exit when the car came to a stop facing the wrong way.

A witness spotted the Sydney man getting out of the car and running into farmland, causing police to set up a containment area.

A search dog was brought in and Ceissman was arrested while hiding in water in a creek bed.

“Yeah, it’s a stolen car, big deal,” he told them after being caught.

“How did the dog find me down here?

“I was meant to be in rehab in Victoria until October but I just wanted to get back to Sydney.”

The car had been stolen from the Melbourne suburb of Balaclava during an aggravated break-in earlier that morning, along with a Mercedes and a credit card.

The owner wants Ceissman to pay $43,000 in compensation, which he will fight.

He will return to the Albury court on October 11 for sentencing.

Border Mail

AFL grand final: No distance too far for Tiger fanatic Emily Dowling

13/04/2019 | 苏州夜网 | Permalink

No distance too far for this Tiger fanatic Albury-born but Belgium-based Richmond supporter Amily Dowling is headed for the MCG. She’s all smiles with Tiger-loving daughter Imogen.
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COMMITTED: Former Albury-residents Imogen Payne, 4, and Emily Dowling flew home from Belgium to support the Tigers in the Grand Final. Picture: JAMES WILTSHIRE

Albury-born but Belgium-based Richmond supporter Amily Dowling is headed for the MCG. She’s all smiles with Tiger-loving daughter Imogen.

Albury-born but Belgium-based Richmond supporter Amily Dowling is headed for the MCG. She’s all smiles with Tiger-loving daughter Imogen.

TweetFacebookEmily Dowling, formerly of Albury, might just be the most dedicated Richmond supporter at the 2017 AFL grand final, havingtravelledmore than16,600 kilometres to watch her team.

Three years ago, MsDowling packed up her family and life to move to Belgium for work, but after years of early-morning lonesome footy matches she decided no amount of distance was too far to travel to see her Tiges in the finals.

“When I left for Belgium I actually thought, well there’s no chance we’ll be in a premiership for three years so it’ll be OK,” Ms Dowling said.

“After the Geelong game a mate sent me a video of Swan Street, I saw the atmosphere and decided I couldn’t miss it.”

Thatnight Ms Dowling booked tickets across the world for herself and her daughter Imogen, 4.

While her family understood her split-second decision, her dedication baffledBelgian friends and work colleagues.

“People here know I’m so crazy for the Tigers that they weren’t totally surprised, but they were a bit shocked I went ahead with it,” Ms Dowling said.

“In Belgium no one knows much about football so they don’t understand.

“Usually I watch the games first thing in the morning with a cup of coffee, by myself and just decided enough is enough.”

For daughter Imogen, 4, who’s grown up predominately away from ’s football obsession, the grand final will be her‘first big game’.

Ms Dowling booked her flights to attend the preliminary finals, flying back to Belgium a day after the grand final in the hope Richmond would go all the way.

It’s been a long and sometimes difficult road for the lifelong Tigers supporter.

“The last premiership was the year before I was born,” she said.

“I figured I’d waited my whole life I wasn’t going to miss this and I don’t want my daughter Imi to wait another 37 years.

“Growing up as a Tiger supporter you live through years of heartache and when we made it everyone was embracing and crying –it was worth it.”

Border Mail

Which of these unusual Sydney homes would you choose?

13/04/2019 | 苏州夜网 | Permalink

Sydneysiders, no matter what style of architecture or which design vibes you’re into, we have you covered.
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All three of our favourite properties for sale this week have open homes this Saturday – the hard part is choosing which one to attend. Alexandria

$1.65 million

This uber-cool SJB-designed apartment has an industrial chic vibe with its open spaces, muted grey and white tones and concrete beams making a striped statement across the ceiling.

Every design element in this pad has been carefully considered, from terazzo bathrooms to the marble kitchen.

The auction will kick off on October 7 through Jack Parry and Brad Papaellinas of BresicWhitney Balmain. A wooden deck stretches across the back of the apartment. Photo: Supplied

See more of 101/41 Birmingham Street hereRushcutters Bay

$1.5 million

Two years ago, a top-to-bottom renovation gave this art deco building a new lease on life. Related: This chateau could double as Disney’s CastleRelated: The best gems hiding on Sydney’s coastRelated: How you could rent Nina Proudman’s Offspring house9/80 Bayswater Road, Rushcutters Bay. Photo: Supplied

Original elements at apartment No 9 have been carefully restored, including dark Belgian Sisal flooring and ornate detail on the 3.2-metre-high ceilings.

Contemporary updates include a Jetmaster fireplace and a seriously stylish kitchen.

Richardson & Wrench’sJason Boon and Geoff Cox have set an auction date of October 12. A careful restoration has made this 1920s-era look good as new. Photo: Supplied

See more of 9/80 Bayswater Road hereChatswood

$3.5 million

Richard Cole Architecture clearly had no interest in dark, dingy spaces when he designed this five-bedder.

The home is magnificently open-plan and uses floor-to-ceiling sliding glass walls to keep the interiors light and fresh. 19 Haig Street, Chatswood. Photo: Supplied

The location will no doubt keep buyers keen, with Chatswood shops, public transport and quality schools all close by.

Ray White Northbridge agents Rose Farina and Jeff Woo have the listing. The airy, open-plan home is perfect for enjoying the blissful spring weather. Photo: Supplied

See more of 19 Haig Street here or download the Domain app for more Sydney listings

Former CBA manager indicted in US over bribery allegations

13/04/2019 | 苏州夜网 | Permalink

SYDNEY, AUSTRALIA – APRIL 01: Keith Hunter, a Commonwealth Bank IT Executive on charges for bribery, leaves the Downing Centre Local Court on April 1, 2015 in Sydney, . (Photo by Dominic Lorrimer/Fairfax Media) Eric Pulier, founder of ServiceMesh
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The US has issued arrest warrants for former Commonwealth Bank IT executive Jon Waldron and a former contractor to the bank over their alleged involvement in a bribery scheme.

A US grand jury indicted Sydney-based Mr Waldron and California technology executive Eric Pulier on Wednesday.

Both Mr Pulier and Mr Waldron have been charged with five counts of fraud and one count of conspiracy. Mr Pulier faces nine additional charges relating to the alleged bribes.

Mr Waldron is already facing charges in over the alleged payments. He has pleaded not guilty to those charges.

New Zealand-born Mr Waldron is next due to appear in the NSW Local Court on October 9 in relation to the n charges.

Mr Pulier is accused of paying $2.5 million of bribes to two CBA executives, Mr Waldron and former CBA IT general manager Keith Hunter.

It is alleged Mr Waldron received $1.9 million in payments to a New Zealand shell company.

The US Department of Justice alleges that in return for the bribes, Mr Waldron helped to approve a $10.5 million McAfee software contract for the bank.

ServiceMesh was sold to NASDAQ-listed tech giant Computer Sciences Corporation in 2013.

It is alleged the payments relating to CBA’s McAfee contract helped ServiceMesh secure additional payments of $US98 million in the form of an earn-out bonus from CSC in the year after ServiceMesh was acquired. This was on top of the $US282 million CSC had already paid to acquire ServiceMesh.

US Prosecutors said Mr Pulier received about $30 million of the earn-out bonus.

Mr Pulier then allegedly funnelled more than $US2.5 million of that amount in kickbacks to Hunter and Mr Waldron through Mr Pulier’s purported non-profit organisation, according to the Securities Exchange Commission’s court filing.

It is alleged that when CBA Security questioned the payments, Hunter drafted a Statement of Works on his home computer describing management consulting work provided to Mr Pulier’s non-profit organisation.

Hunter, an American who joined the bank in 2011, was sentenced to 3?? years in jail, with a non-parole period of two years and three months in December.

Hunter has also been charged in the US and is expected to be extradited to face those charges once released from prison in .

Los Angeles-based Mr Pulier, 50, is expected to surrender “in the coming days”, according to prosecutors.

Fairfax Media has been unable to contact Mr Waldron.

A spokesman for the Commonwealth Bank said the bank referred the matter to NSW Police in early 2015.

“We considered that the suspicious activity of these individuals was serious, that’s why we took the step of reporting their activity to the NSW Police,” the spokesman said.

“We will continue to cooperate with the police and authorities as the judicial processes continue.”

The bribery allegations come amid a torrid time for CBA, which is facing an inquiry by the banking regulator, the n Prudential Regulation Authority, following scandals in its financial advice and life insurance arm.

British tourist charged after Port Macquarie crash

13/03/2019 | 苏州夜网 | Permalink

The girl died at the scene. Photo: 9NEWSA young British tourist is facing charges after a car crash left a teenage girl dead and two people with serious injuries on the NSW Mid North Coast.
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The horror smash occurred when a Mitsubishi van and a Toyota Prado carrying a family of seven collided on the Pacific Highway south of Port Macquarie just before 11am on Thursday.

The van driver, 20, from Britain, has been charged with negligent driving causing death and not giving way.

He has been granted conditional bail and will appear in Port Macquarie Local Court on Friday.

Police allege he pulled out from the verge of the Pacific Highway and started to head north.

Police said it appeared the vehicle carrying the family swerved and rolled several times. A 16-year-old girl, who was a passenger in the Prado, was thrown from the vehicle and died at the scene.

The driver of the Prado, a 37-year-old woman, and a nine-year-old girl suffered fractures and were flown to John Hunter Hospital in Newcastle where they are in a stable condition.

The remaining family members, a 40-year-old woman, a 20-year-old man and two boys, aged 15 and six, were taken to Port Macquarie Base Hospital as a precaution.

The driver of the van was treated at Port Macquarie Base Hospital where he underwent mandatory testing.

His passenger, another 20-year-old man, did not require medical treatment.

Friends of the dead girl have flooded social media with tributes, describing her as “gorgeous and bubbly” and an “angel”.

Police are urging road users to take care and slow down over the long weekend.

Double demerits will be in place over the entire long weekend for all speeding, mobile phone, seatbelt and motorcycle-helmet offences.

CBA’s Narev won’t earn long-term bonus this year

13/03/2019 | 苏州夜网 | Permalink

Departing Commonwealth Bank chief executive Ian Narev will not be eligible to earn new long-term bonus shares this financial year.
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In a note to shareholders before next month’s annual general meeting, at which CBA will try to avoid receiving a second “strike” on executive pay, chairman Catherine Livingstone said Mr Narev’s exit from the bank was behind its decision on long-term incentive shares.

It came as the banking industry warned of serious gaps in the government’s planned laws to make senior bankers more accountable, saying the proposed changes were poorly defined, and could even affect large numbers of mid-level and junior executives.

CBA has said Mr Narev will leave the bank by the end of next June, and Ms Livingstone said the board had started an “extensive” search for a replacement.

“The board has also determined that as a result of his retirement, Ian Narev will not be eligible for a long-term incentive award this year,” Ms Livingstone said.

Last year, the board determined Mr Narev could have earned up to 55,000 incentive shares under the scheme over the coming years if he had hit the required hurdles.

CBA says it is company policy for a CEO who is leaving to miss out on this type of incentive, and it had the same approach for Mr Narev’s predecessor, Ralph Norris, when he left the bank.

Dean Paatsch of proxy adviser Ownership Matters said the move seemed “logical” but was not widespread among companies with a departing chief executive.

“It seems an entirely logical approach given he has signalled his intention to retire. It’s a gesture that’s open to all companies, unfortunately not that many take it,” Mr Paatsch said.

CBA, the country’s biggest bank, been embroiled in a money laundering compliance scandal since early August, which was followed by the announcement of Mr Narev’s exit from the bank, and a board shake-up.

The entire banking industry, meanwhile, is being targeted by the federal government’s banking executive accountability regime, or BEAR, a series of proposed law changes announced in the budget, and released in draft legislation last week.

The BEAR will give the banking regulator the power to have senior bankers disqualified; it will require senior executive bonuses to be deferred for at least four years; and it could leave banks facing civil fines of more than $200 million.

The n Bankers’ Association on Friday lodged a submission on the draft laws, saying it was not clear which bank employees would be affected and what would constitute a breach of the new rules.

Chief executive Anna Bligh said the legislation suggested it would apply to banks’ subsidiaries, potentially affecting “a large number of mid-level and junior executives”.

The BEAR will apply to issues that threatened a bank’s “prudential standing” or “reputation,” but Ms Bligh said it remained unclear what would constitute a breach.

“Neither of these terms are defined, nor do they have an equivalent in any other law,” she said.

Banker pay is likely to remain a hot topic at CBA’s annual meeting, on November 16, at which Ms Livingstone will explain to shareholders changes to its remuneration policies.

Last year, 50.9 per cent of CBA’s shareholders rejected the remuneration report, making CBA the first major bank in to receive a first strike. If CBA receives a second “strike” next month, it will trigger another vote on whether to call another meeting to spill the board.

Ms Livingstone said that since last year’s strike, the company had undertaken a detailed review of its remuneration policies, and moved to make them more transparent. There is now a greater emphasis on financial hurdles, after a shareholder backlash last year over linking bonuses to “soft targets” such as employee engagement.

In response to the money laundering scandal, Ms Livingstone dumped short-term bonuses for the bank’s top executives, in a move that experts said was a first for an n bank.

After CBA’s executives pay packets were announced in its annual report in early August, Ms Livingstone also said Mr Narev would leave the bank by the end of this financial year. She said the move was in response to “speculation” about Mr Narev’s future in the financial markets and the media.

CBA shareholders will also be voting on a resolution from a group of shareholders to “provide certainty” that the company would align itself with the goal of limiting climate change to no more than 2 degrees, in line with the Paris agreement.

CBA’s board said the shareholders held 0.0077 per cent of the company, and argued it was “inappropriate and unwise” to single out climate change as an issue that required more board attention than others.

Shareholders will also vote on former Westpac banker Robert Whitfield’s proposed board appointment, alongside the re-election of directors Andrew Mohl, Wendy Stops and David Higgins.

Why Russian supermodel Natalia Vodianova is giving back

13/03/2019 | 苏州夜网 | Permalink

Natalia Vodianova has the accent of a seductive James Bond villainess: husky, her native Russian laced with Parisian fricatives. She’s probably a good deal tougher than Bond though, despite her bone-snapping appearance. She has a focused determination that seems uniquely Russian: unrelenting and hard.
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Whereas the cliche once belonged to gymnasts and piano players, Russia now seems to export these gritty female entrepreneurs whose work ethic makes us all look idle.

Last time I met her she was eight months pregnant and wearing a sweatshirt over a bump the size of a bumbag. Two babies in the intervening three years and I detect a little concealer around the eyes, maybe a shallow frown line. At 35, she’s a mother of five (five!). Is she done? “For a while,” she smiles. “I need to make sure I do well with everything else I have on, which is a lot.”

Yes, well she certainly packs it in. There’s the modelling from which she made her name, a multimillion-dollar career trimmed to an efficient 20 days a year. Then there is her Naked Heart Foundation, which has raised $50 million since 2004 for children with disabilities. Four years ago she launched Elbi, an app which allows people to “micro donate” by pressing a “love button”.

She calls it “a philanthropy collective”, happily reclaiming a word once soaked in communist propaganda.

“It’s a very Russian idea,” she continues. “You don’t have 100 roubles but you have a hundred friends. It’s about collective power.”

It’s tempting – oh, so tempting – to see her as just another rich celebrity patronising the poor and relieving her conscience with “good works”. After all, she was married at 19 to the aristocrat Justin Portman, 13 years her senior, whose family coffers pulsate with revenue from the large chunk of central London it owns.

Now she lives with the father of her two youngest children, Antoine Arnault. He’s the son of Bernard Arnault, the owner of luxury-goods company LVMH, worth $73 million and ranked the eighth-richest person in the world. Arguably, she has a Marie Antoinette existence in central Paris, with a view of the Eiffel Tower from her apartment and any material thing her fluttering heart desires.

But that is to oversimplify. Hers is a rags-to-riches story: a childhood below the poverty line in Nizhny Novgorod, a bleak industrial city in western Russia. She and her mother, Larissa, were abandoned first by her father, then her stepfather after her half-sister Oksana was born with autism and cerebral palsy.

By 11 she was selling fruit by the side of the road. Cold, hunger, survival – these were not alien or romanticised concepts. The mark of poverty is still on her, she says, most explicitly in her understanding of the “shame” that surrounds it.

When I ask if she can see it in others, she surprises me: she starts to cry. It touches something visceral.

“It’s a very emotional question. For those simple families who nobody cares about, really living with that stigma [for example] of disability, then even if I give them money, it’s not enough. The best thing I can do is spend time with them.”

She says shared traumatic experiences such as living in poverty or losing someone to cancer transcends friendship, nationality, blood “or any other bond”. In an ideal world, she says, we would draw on our experiences to comfort one another more often. “We have blind corners ??? we may have next door someone who we could understand.”

I’m sure psychologists could find an unconscious link between the hardship of childhood and her attraction to extremely rich men. But one driving, and very conscious, ambition has been to improve her mother’s life.

“And I have succeeded. My mother has a little business and is independent. She can buy me presents that I did not pay for.” She says Larissa instilled in her two things: self-reliance and a steely drive. (“I tell myself this is the heritage I am leaving my kids: a work ethic.”)

“My mother was in a desperate situation, working four jobs, raising kids alone. From a young age she taught me, ‘Only rely on yourself. You have to be strong. You have to do it for yourself.’

“And she lived it. For me, the government was a faraway thing that did not affect me, touch me or help me.” Of course, her children are growing up in a different universe, with easy proximity to the government. She has met French President Emmanuel Macron and his wife, Brigitte.

We sidetrack to discuss the age difference of 25 years between Macron and his wife, and Natalia gives a Gallic shrug and says this is not unusual in Paris. “I often see it where you have this incredibly handsome young guy with this beautiful older woman – and obviously much older. It’s quite common. If he wasn’t the president, no one would blink.”

We are sitting in the showroom of made苏州夜总会招聘 on Rue ??tienne Marcel surveying yet another of her projects combining tech and fundraising, a children’s furniture range she has designed for the online company co-founded by her friend Brent Hoberman of lastminute苏州夜总会招聘 fame. A bedroom scene – bed, wardrobe, bookshelves decorated with matryoshka dolls – has been set up in a little tableau vivant beside us.

Natalia tells me she met Hoberman through the online community of tech entrepreneurs, Founders Forum, and he insisted she get involved, which wasn’t a chore as she loves tech. Importantly, all proceeds go to Naked Heart.

She takes me through the detail – the pull holes for drawers to stop little fingers getting trapped. “This is a phobia for me because when I was five someone closed the door on my finger. I still remember the pain.”

So what was her own bedroom like growing up? “I didn’t have a bedroom,” she says.

In 2015 with her children by ex-husband Justin Portman: Lucas, Neva and Viktor. Photo: Getty Images

“Every single one” of her children – Lucas, 16, Neva, 11, Viktor, 10, with Portman; Maxim, 3, and Roman, 1, with Arnault – have just done a publicity shoot here and “loved it”, she says. She softens when she talks about her kids, flipping one thigh-high boot over the other, her rod-straight back dissolving a little.

They were all breastfed, “which is very, very tiring. None of my children slept, so for 15 years I’ve been up every night twice at least.”

She has help – “of course, or I wouldn’t be here” – and keeps tabs on each of the children by carving out one-on-one time. “I have moments where I feel I’m losing control – that’s motherhood.”

They don’t complain, although recently she overheard the youngest of the Portman brood saying to the eldest, “Yes, but you had Mummy to yourself for four years.”

The three eldest moved to Paris from a rural house in England’s West Sussex in 2012. “Of course, they left friends behind and I do sense that they miss the pleasures of the countryside because they don’t have this in Paris. But they’ve settled well. And now they speak another language.”

Are they very Parisian now? She smirks. “No, they are still very English.” Paris was the first European city the 17-year-old Natalia experienced on arriving from Russia as a fledgling model. “I spent one year here as a girl with no money, going on the Metro, really discovering the city. And it’s probably the city I know the most, apart from my home town.”

At 18 she moved to New York, where she threw herself into work. And it was there she met the sybaritic Portman, an artist and prince charming with a taste for models (he’s recently been dating Ukrainian Anna Shut, 23).

Natalia could have lived happily ever after if her happily ever after had been going to parties, looking pretty and staying up late. She once said that “the biggest differences between England and France is royalty versus republican, and my marriages reflect that. My first husband was a member of the aristocracy, did not work, but was a walking encyclopaedia. My second husband is a workaholic.”

I ask her to elaborate. “I am a workaholic as well,” she says brightly. “That’s why it didn’t work with my ex-husband. We loved each other but we were just very ???” She searches for the elusive word. “Our rhythm of life was different.”

In the past she has described Portman’s parenting as ‘hands-off’. “With Antoine, we love to get up in the morning, be with the children, then go to work.”

The British aristocracy, she says, was “another world”, not necessarily welcoming to outsiders. “It’s a beautiful world, yes. But if you haven’t been born into it, it can be difficult to be part of. I was born into a working-class family.”

By age 19, she was married to Portman and had her first child. She stepped back on the runway 10 days after giving birth. “[Portman] had all this free time to follow me and our baby around in my crazy career. At the time I thought I knew everything. I thought that it didn’t matter that we were so different because we had complicity elsewhere. In emotional ways we were very supportive of each other.”

On returning to England, they bought a country house and filled it with children and animals. But the “glue” of their relationship began to come apart and Natalia’s patience with Portman’s partying wore thin.

She first met Arnault in 2008 at a shoot for Louis Vuitton, although she doesn’t remember it. They met again in 2011, and after two dates she was smitten. Moving her three children to Paris wasn’t difficult, as Portman spends so much time wrapped in a sarong on a sprawling estate in Uruguay.

But shortly after they separated, Portman wrote a post on Facebook saying that his life was not in “synchronicity” with her “fashion” life. He claims she was embarrassed by him, treated him like an “old Louis Vuitton handbag” and that after a stint in rehab she didn’t receive him home with any warmth.

She describes the 40-year-old Arnault – chief executive of menswear brand Berluti and the chairman of Italian cashmere company Loro Piana – as “always happy to go to work: very driven and very hardworking”.

She continues, “We are very well balanced. He inspires me and I think I inspire him because of the same energy I give, but to philanthropy.

“He is an incredibly compassionate person. But like any man his view is, ‘Make your own money first, secure your career, your wellbeing, the wellbeing of your family – and then you think of everything else’.” She says she feels guilty about working so hard, “especially when, in principle, I don’t have to work any more”.

She compensates by having no time to herself – and even then she feels guilty. Last night, she says, she tried to enhance her evening beauty routine by five minutes. “I swear to god, I am standing there doing this, thinking, ‘Ah, my husband is already in bed. I could be cuddling with him.’ I tell myself, ‘Shut up. Stop it. You’re crazy.’

“But I can’t help it.”

Koroibete risk is worth taking

13/03/2019 | 苏州夜网 | Permalink

Rebels winger Marika Koroibete is something of an anomaly in this Wallabies team.
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His introduction into the Wallabies has been so gradual it gives the impression that Michael Cheika is a conservative selector.

Cheika has been anything but in other areas but while others were handed their starts Koroibete has had to wait. It is now 10 months since Koroibete made his initial appearance in a non-Test fixture against the French Barbarians.

Cheika has either shown he is more methodical than first meets the eye or he simply realised early on how much polishing this potential diamond needed.

And Koroibete needed work. His Rebels debut against the Hurricanes was a struggle. Not only did his positioning look bad but he didn’t look to have the beating of Julian Savea for pace, and Savea wouldn’t be in the top five in New Zealand, probably not even top 10.

Then again Koroibete may have had a reason. He looked troubled by a knee on that sunny Wellington afternoon and watching him closely for the rest of the year I think he may have been inhibited for at least half the season.

Still, he doesn’t look the type that goes looking for excuses.

But after that debut, two things started to happen that brought Koroibete to this point in South Africa.

First, he started to learn the game and narrow down the areas where teams could target him. He made himself less of a risk.

Second, his rivals for the Wallabies jersey – and here I think he is going up directly against Eto Nabuli and Henry Speight – didn’t take ownership of the jersey. Speight has been decent but decent doesn’t cut it at the top level when you are trying to progress the team. The Wallabies need one wing who is doing something special.

So they have arrived at Koroibete knowing that he is far from the finished product but has delivered enough on the potential they saw in him at the Storm.

It hasn’t been an easy path for Koroibete. Our friends in the 13-man code no doubt thought he was going to walk into the Wallabies and start carving teams up but that was never going to happen.

There were speedbumps. In fact he became one himself when Ned Hanigan ran over the top of him in Melbourne but slowly Koroibete started to increase the number of involvements that highlighted the good things about his game – his carries and his finishing. He’s at his best when he is hovering around the halfback looking for a gap or with turnover ball.

But by the end of the Super Rugby season he was just a threat, pure and simple. The pace was there. It was a minor surprise not to see him involved during the June series, although this was perhaps a nod to some of the positional aspects of the game.

For there are two areas Koroibete does not want to find himself in against the Springboks. The first is dealing with any ball over his head. He actually looks reasonable under the high ball but when he is forced to turn it exposes his lack of a kicking game and instinct to run sideways, which can be so costly in Test rugby.

The second is defending from a Springboks scrum if the home side have a decent blindside to work with. Of course, every winger can be exposed in this situation but Koroibete’s tendency – at least in Super Rugby – to rush up and smack the ball carrier, be it the No. 8 or halfback, creates an easy overlap for the winger outside.

Presumably, these are the things the Springboks have been looking at and there is no doubt that in handing him a debut against South Africa in Bloemfontein Cheika is heightening the risk in picking him.

Yet the Wallabies have been crying out for something more from their wingers. Koroibete has shown flashes of it. The selection has merit, regardless of the outcome.

‘No sign of slowing’: Now one apartment for every two houses

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SYDNEY, AUSTRALIA – July 2, 2017: SYDNEY, AUSTRALIA – AFR NEWS: 170702: New apartments under construction adjacent to an existing developement at 86 Courallie St, West Homebush in Sydney’s western Suburbs. Buyers of the units still being built are having ongoing issues with the property developers. (Photo by James Alcock/Fairfax Media) SMH News. Story by, Matt O’Sullivan. Story about the huge demand for public transport due to the boom in apartments around Green Square. This is leading to severe overcrowding of the train service at Green Square. Photo shows, In and around Green Square Station. Photo by, Peter Rae Tuesday 16 May, 2017.
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A rapidly developing pocket of Sydney has overtaken the central business district as the city’s apartment resident hotspot.

The building boom saw the former semi-industrial area of Zetland, Beaconsfield, Waterloo and Rosebery overtake the inner city and five other regions as having the most people living in apartments.

The area – home to developments including Green Square – saw an 81 per cent increase in unit occupants between 2011 and 2016, thanks to an extra 5213 occupied apartments recorded on census night last year.

With about 27,550 people counted in its apartments, data released by the n Bureau of Statistics shows the Waterloo-Beaconsfield statistical area is second only to inner-city Melbourne in terms of the number of apartment residents – which houses 37,916 people.

But Sydney in its entirety is the apartment capital of – there are now only about two occupied separate houses for every occupied apartment.

And within the next two decades there could be just as many occupied apartments as detached houses.

“It’s quite possible that it will happen probably within 20 years [in Sydney], but in the rest of it will take quite some time,” said demographer Glenn Capuano, from population consultancy .id.

He noted Melbourne would be unlikely to catch up to Sydney’s unit population – which made up 46 per cent of all ns living in apartments on census night – as it had more room to grow on the city fringe. Green Square penthouse sells for $3.6 millionHow Waterloo is becoming family friendlyGreen Square is Sydney’s ‘public transport disaster’

With record building approvals in recent years, particularly for high-density development in infill areas, high overseas migration and high housing costs, Capuano said Sydney’s surge of apartment dwellers was showing no signs of slowing down.

Affordability issues and the fact that more than half of the apartment population was born overseas, was behind an increase in high-density family living, according to Georgia Sedgmen, an associate town planner at Tract Consultants.

“People from Asia and Europe are more likely to have grown up in apartments, they find it quite unusual that people aspire to own a detached dwelling,” she said. “That’s a very n idea.”

The ease and convenience of apartment living, which Sedgmen said particularly appealed to Millennials, was another driving factor. She noted people’s increasingly busy lifestyles weren’t conducive to the great n dream of the quarter-acre block.

But with development on the north-west and south-west fringe of the city still heavily focused on houses, Sedgmen said it would be decades before apartments equalled or outnumbered houses.

However, she said the high number of apartments to roll out in the state government’s priority precincts, risked dividing the city into high-density and low-density areas, when there should be more of a focus on the missing middle.

While apartments and semi-detached terrace and townhouses in Sydney both had about a 23 per cent occupancy increase in the latest census, Sedgmen said this didn’t account for all the apartments still in the construction pipeline.

She expected that by the 2021 census areas in Sydney’s west, such as Liverpool, would have caught up to the Parramatta-Rosehill region – home to Sydney’s third largest apartment dweller population.

“I also suspect we’ll see a lot more pressure on anything with access to the city from the south,” she said. “We really need to have a proper understanding of infrastructure capacity before we push for too much in any given area.”

Sydney’s biggest problem was the disconnect between infrastructure and planning, said Philip Vivian, the director of architecture firm Bates Smart and co-chair of the 2017 Council on Tall Buildings and Urban Habitat conference.

“We can go build in old industrial areas and create apartments and then later it’s like ‘oh where should we put parks, do we maybe need a hospital, another school,’ ” he said. “We need infrastructure first, then we can provide the density around it.”

With Sydney predicted to need an extra 726,000 homes by 2036 to accommodate a population of 6.42 million people, Vivian said a variety of well-designed high and medium-density dwellings was key to creating a compact, walkable and well-connected city.

“You just can’t [accommodate that population] with quarter-acre blocks,” he said. “Places with high density can be quite exciting as it supports urban life. But it needs to be mixed use and it’s vital that it’s on a good transport line, has open spaces for community living and a diversity of dwellings.”