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Man extradited from New Zealand over $5.6 million fraud charges

Written By: admin - Sep• 27•19

An Australian man has been extradited from New Zealand after allegedly defrauding at least 35 people from nine countries of more than $5.6 million through fraudulent investment schemes.

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Dressed in a dark T-shirt and tracksuit pants, Daniel Albert, 51, was escorted by detectives through Sydney Airport to a waiting police vehicle on Friday morning.

He was then taken to Mascot police station where he was charged with 35 counts of fraud. He was arrested in Auckland on Wednesday.

NSW Police allege that a body scanner that would supposedly allow people to make 3D-printed models of themselves or their pets was one of many scams.

The elaborate schemes involved registered companies including some named First Aerial, Switched on Social and 3D selfie printer franchise Identical You.

Police allege the scams affected people in Australia, New Zealand, the United States, Canada, Ireland, Lebanon, Qatar, Singapore and South Africa.

The 51-year-old is alleged to have defrauded one man of $620,000 in 2012 with a fraudulent franchise venture called Glamour Nail.

An archived web page for the nail business indicates it would have offered small kiosks capable of painting more than 1000 designs onto fingernails.

Australia’s corporate regulator deregistered a Woollahra company of the same name in 2015.

Detectives from the State Crime Command’s fraud and cybercrime squad began investigations into multiple fraudulent investments schemes in 2015, establishing Strike Force Summercloud.

Fraud and Cybercrime Commander Detective Superintendent Arthur Katsogiannis said the investigation of financial deception or fraud was “never an easy task”, describing it as both “tedious” and “frustrating for victims”.

“It generally involves analysing mountains of documents and tracking multiple transactions and payments around the world,” he said.

“Given the scope of the investigation to date, we are continuing our inquiries to ensure we put anyone responsible for any NSW-based fraudulent franchise scams before the courts,” Superintendent Katsogiannis said.

Mr Albert appeared at Central Local Court on Friday via audio-visual link.

His lawyer Greg Goold told the court his client had “voluntarily” handed himself in to New Zealand police this week.

Mr Goold declined an opportunity to enter a plea in court on behalf of his client, but told the media outside court that he anticipated his client would plead not guilty.

“This may well be a civil dispute instead of a criminal dispute,” he said, adding, “It depends on whether the products police say existed did exist.”

Mr Albert, whose address is listed as a luxury apartment in Potts Point, was remanded in custody, with the matter adjourned to November 24.

Superintendent Katsogiannis defended the length of time it took to arrest and charge Mr Albert, even though he was known to police for many years.

“It’s one thing a person being known to us, another thing people coming forward, making complaints and providing evidence for us to be able to investigate and put this person before the courts,” he said.

He said dealing with different types of international law was “not as easy” as people may think.

It is understood Mr Albert owns a number of properties, which are being considered by forensic accountants, in an effort to provide compensation to the victims.

Friday’s extradition follows the arrest earlier this year of a 48-year-old woman, who was also charged with 35 counts of fraud, following an investigation by Strike Force Summercloud.

In July, strike force detectives executed a search warrant at a home in Woollahra, where investigators seized computers, electronic storage devices and documentation for forensic analysis.

The woman remains before the courts. #BreakingNews on the arrest of an alleged conman accused of fleecing millions of dollars from investors. #9ACAhttps://t.co/gZRxQiWsIspic.twitter苏州美甲学校/Xoxyebm9x7??? A Current Affair (@ACurrentAffair9) November 9, 2017

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‘Hell would freeze over first’: Rowe rules out Today return

Written By: admin - Sep• 27•19

Jessica Rowe has ruled out a return to Nine’s Today show, saying “hell would freeze over first” before she returned to her old breakfast TV stomping ground.

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The Studio 10 host scoffed at rumours she’d been approached to take over the spot left vacant by Lisa Wilkinson’s defection to Ten.

“No! Are you joking?” she told KIIS FM hosts Kyle and Jackie O. “I could think of nothing worse… Hell would freeze over first.”

Rowe’s stint at Today alongside Karl Stefanovic was notoriously short-lived, plagued by poor ratings, viewer criticism and clashes with the network’s then CEO Eddie McGuire.

The duo’s relationship at Nine soured over headlines McGuire had asked during a meeting, over a discussion about sacking Rowe, “When should we bone her?”

He later denied using the term, saying “I may have said ‘burned’.”

Rowe later called the media circus during her stint at the network “horrific”.

“That year was a terrible time in my life and it was not helped by public abuse, abuse from within the network that I worked at, and abuse from someone who was in charge of that particular network,” she said on Studio 10 last year.

Rowe is the latest prominent TV personality to brush off interest in the Today co-hosting role left open since Lisa Wilkinson’s shock departure last month.

Rumoured favourites Georgie Gardner, Chris Bath and Rowe’s Studio 10 co-host Sarah Harris have all publicly stated they’re not interested in taking the gig.

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Smith hits the deck in fiery net session with Starc

Written By: admin - Oct• 13•19

Australian fast bowler Mitchell Starc has given another indication of what he has in store for England by leaving Test captain Steve Smith on his backside during a robust net session at the SCG on Friday.

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Top-order stars Smith and Warner were stepping up their Ashes preparations by facing NSW and Australian trio Starc, Josh Hazlewood and Pat Cummins at Blues training.

Starc this week created history by claiming two hat tricks in the one match, wreaking havoc on the Western Australian tail to seal an outright victory at Hurstville Oval.

The left-armer demonstrated on Friday he is just as difficult to handle for the world’s best batsmen as well.

Smith is certainly in that category but he twice lost balance getting out of the way of Starc thunderbolts, on one occasion being left on his backside.

The captain and and his deputy, Warner, were taking on the three Test quicks during a 30-minute net session, with Smith and Starc trading barbs throughout.

“That’s what they’re always like. They’re always into each other. Patty and I just do our thing. But it’s pretty easy to fire Starcy up, so I think Smithy takes it on,” Hazlewood said.

“It’s always good fun and they’re obviously two world-class players, so it keeps you on your toes,” Hazlewood said. “You want to make sure you get everything out of the session. There is no real ‘go through the motions’ when you’re bowling at those two guys.”

Hazlewood is joining Starc and Cummins in sitting out NSW’s final Sheffield Shield match before the Ashes in Queensland next week, with the trio to instead train along with Jackson Bird of Tasmania at Allan Border Field in Brisbane.

Meanwhile, Cricket Australia has confirmed that Western Australian fast bowler and Ashes hopeful Nathan Coulter-Nile is out for at least a month with a flare up to his back condition.

Cricket Australia Sports Science and Sports Medicine Manager Alex Kountouris said: “Nathan experienced some pain in his back following the two-day tour match against England last week.

“Subsequent scans have revealed an early stage aggravation of his old stress fracture.

“Whilst this is a setback, the good news is that it has been picked up early so we are only considering a short break from bowling while we monitor him.

“We expect he will have further scans over the next month which will determine when he can return to bowling.” iFrameResize({checkOrigin:false},’#ashes-squad-selector-2017′);var frame = document.getElementById(“ashes-squad-selector-2017”);

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Handscomb confident of handling Ashes heat

Written By: admin - Oct• 13•19

Ashes novice Peter Handscomb has declared he is ready technically to adjust to the challenge that will come from England’s pace spearheads in this month’s series opener.

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James Anderson and Stuart Broad will again be the key to the tourists’ Ashes hopes, and for good reason – they are England’s all-time leading wicket-takers with a combined 894 scalps.

Handscomb has enjoyed a fine year since his elevation to the Test side last summer, thumping 743 runs at 53.07 with his home-spun technique.

The Victorian captain has gradually found form through the opening rounds of the Sheffield Shield, scratching out nine and 34 in the loss to the Bulls in Queensland before rebounding with 43 and 58 in the draw with South Australia.

Heading into the final round of Shield action before the Ashes squad is announced next Friday, Handscomb said he was keen for a long innings, with the Bushrangers to host Tasmania from Monday, but declared he had adjusted to the local conditions after a year largely spent on the subcontinent.

“I want a big score every time I go out to bat,” Handscomb said on Friday.

“It would be good to have that bit more time out in the middle, get used to scoring big runs again … but everything is feeling right, balance feels good and my feet are moving, which is the main thing.

“I had to make the transition there back from subcontinent, back to white ball and back to red ball in Australia. I tinkered with a few things and made sure I got back to my technique and started doing what I need.”

Handscomb has little experience with Anderson and Broad, which could work in his favour for the tourists may have to adjust on the hop if Australia’s No.5 takes control early in his innings.

“I faced Broad in a one-dayer over in England county cricket and I faced five balls from Anderson in a county game and he tore his groin. I haven’t had much against them but am looking forward to the challenge,” he said.

“I am trying not to worry too much about it, to be perfectly honest. I think they are two more bowlers.

“Obviously, they are very, very good but we are in our home conditions and we feel pretty good over here.

“If you just back your own game plan, go out there and give it a good crack, I think we will be OK.”

However, the English pair will believe they can find a crack in Handscomb’s technique, which has him hold his bat above his shoulders and often stand as deep in the crease as possible to the quicks to give him more time to pick up their line and length.

“But also I have found by doing that, they try and drag me forward and by doing that they have to try and pitch the ball up there and sometimes it comes out a little bit floated,” Handscomb said last summer.

He has always insisted he can shift his weight between his front and back foots, so he doesn’t find himself trapped in front of the stumps.

Fellow Victorian Glenn Maxwell and Tasmania captain Matthew Wade will also hope for an extensive innings from Monday.

Both are fighting for Test inclusion, with Wade under pressure to remain as gloveman, having failed four times with the bat through two Shield matches, making one and six against Western Australia, and nine and 17 against Queensland.

Wade, who returned home to Tasmania this season after almost a decade with Victoria, has passed 50 only once in 16 Test innings since he was recalled last summer.

Handscomb said he had been surprised by the lack of Shield runs from his good friend who is fighting Peter Nevill and Alex Carey – each of whom scored more than 590 Shield runs last summer – for an Ashes berth.

“I have been surprised with Matty because I know how well he can bat,” Handscomb said.

“Obviously, he is under the microscope a little bit so every little thing he seems to do wrong gets intensified a bit which is a bit of a shame because he does do so much right as well.

“Hopefully, for his sake, he can focus on that a little bit and try and get away from the negatives.”

It hasn’t been lost on players that form in previous years may not count for much, with selectors – and the media – eying those who have made early runs this season.

However, Hilton Cartwright, the second-leading Shield run-scorer last summer, is firmly in the frame for Ashes selection, while Jake Lehmann, ninth last summer, has put himself into the conversation with a century and 93 against the Bushrangers this week.

Jake Lehmann has delivered massive recent scores in Shield cricket. Photo: AAP

“Jake is obviously a very, very good player so in the critical games or where they [selectors] are asking people to stand up, there is that bit of pressure and he basically went out there and made two hundreds,” Handscomb said.

“That’s a positive sign. But there have been guys who have been scoring runs for three or four years. Ultimately, you want someone who is going consistently and if they are only going to be judged on these three games as opposed to what they have done through their career that can be tough.”

Former Test batsmen Ed Cowan and George Bailey, who recorded the most and third-most Shield runs last summer respectively, are no longer in the Test frame.

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Next City Vanguard Conference wraps up with new ideas for Newcastle icons

Written By: admin - Oct• 13•19

OUTSIDE LOOKING IN: Emily Davies O’Sullivan, with other members of her winning team, was impressed with the quality of ideas from international delegates at the Next City Vanguard Conference. Picture: Max Mason-HubersIF these urban planners had their way, the former Newcastlepost office would become a high-rise hotel and Wharf Roadclosed for more parkland.

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The Next City Vanguard Conference wrapped up on Friday, after spending a week studying the Revitalising Newcastle program and offering their thoughts on how to advance the city.

The delegates –who came from North America, New Zealand and other Australian cities –were given a tour of the former post office and former Newcastle rail station and challenged to come up with new uses for the historic buildings.

Chris Rowlands, a strategic planner with Bendigo council, said he was “blown away” by the dilapidated state of the old post office.

He was part of the winning team who proposed turning the post office into a multi-storey hotel.

The team’s concept proposed building on top of the existing building to make the cost of restoring the rundown icon financially viable.

“There is so much opportunity with that site,” Mr Rowlands said.

“We came up with the concept of the multi-storey hotel, obviously respecting the building’s heritage, but also finding new uses for the first and second floors.

“We were thinking there’s potential for a restaurant or bar, but also community space in the basement.

“It has a big basement that could one day become a meeting space, exhibition space or performance space.”

Rachel Cogger, of Sydney, an Tyler Caine, of New York City, with the rest of their team on Newcastle beach. They had the winning entry for the former Newcastle railway station. Picture: Max Mason-Hubers

Other controversial ideas were proposed for the former Newcastle railway station and surrounding area.

Tyler Caine, an architect from New York, said his team’s winning entry included a proposal to close Wharf Road and turn it into parkland.

He said his team wanted the station to become “a place for community”.

“The proposal included three main interior uses for the building: a cultural heritage centre, a space for artists and the last was food,” Mr Caine said.

“We wanted to capitalise on what seems to be a very budding food culture in Newcastle.”

Rachel Cogger, who formerly lived in Newcastle, acknowledged her team’s idea would ruffle feathers.

“I don’t know how it would go down on November 25 [Supercars],” she laughed.

“But it’s all about creating that connection to the harbour. It builds onon all the community consultation that’s been done over the past decade.

“It’s not just about creating a crazy idea.”

Emily Davies O’Sullivan, another Newcastle delegate, said the conference was an insight into an “outsider’s perspective” of the city.

“Being a Novocastrian, you almost have your blinkers on,” she said.

“You’ve heard all the arguments beforeand you get used to them, so it’s great to have another perspective on the future of the city.”

The secret life of Newcastle accountant Ray Walker who stole $10m from clients who considered him a friend

Written By: admin - Oct• 13•19

FRAUDSTER: Newcastle accountant Ray Walker gained the trust of dozens of his clients over decades and stole $10 million from them.

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FROM the beginning, there was nothing particularly clever about Ray Walker’s fraud.

It was a simple Ponzi scheme, where early investors were paid bogus profits with the money put in by later ones.

At last count, Walker’s 70 known creditors were more than $10 million out of pocket.

Walker’s victims, the majority from the Hunter, are mostly ageing retirees and pensioners, middle-class people who saved a lifetime to build nest eggs and superannuation funds, only to have it stolen by a man many described as a friend.

As a trusted accountant who knew his victims for decades, Walker was a most convincing financial fraudster, which made him all the more dangerous.

The father of three and grandfather of seven ownedalong-running Newcastle accountancy firmthat gave him contacts and credibility.

His membership to the Australian Institute of Chartered Accountants gave him professional respectability. For some, his “Christian credentials” did the rest.

Like Don Boehm, many of the people who invested with Walker met him through the Seventh Day Adventist Churchat Cooranbong.

Some were old school and family friends,others usedWalker as their accountant for decades, they thought of him as “trustworthy”, “reliable” and “a good bloke”.

One extended Lake Macquariefamily is owedmore than $1.3 million collectively. Mr Boehm, who considers himself “one of the lucky ones”, has lost$135,000.

UNHAPPY: Jim Todhunter, who lost $200,000 in a Carrington property scam run by dodgy Newcastle accountant Ray Walker, wants to know how the $10 million that Walker stole from 70 victims could simply disappear. Picture: Marina Neil

“The level of betrayal is unbelievable,” he said. “He ripped people off for decades and everyonethought he was a top fella.”

All the while Walker kept charge of his victims’ financial records, assuring them their money wassafe in “pooled investment funds” held at major banks or in “blue-chip” real estate deals.

As simple as Walker’s scam was, tracing the missing millions has been anything but easy.

Two and a half years after Walker’s suicide from a stab wound to the heart in his $1.3 million beachfront holiday unit at Soldier’s Point, his corporate undertaker is still sifting through the wreckage.

No one is yet to know where all the money went. A four-day public examination into Walker’s financial affairswill be held in Sydney’s Federal Court next year.

Witnesses, including Walker’s son Brett, who is also an accountant and worked alongside his father for more than 25 years, will face a public grilling.

Walker’s widowJennifer, lawyer daughter Sarahand his longtime personal assistant Gayle Wheatley will also be questioned under oath.

Rob Brook, of Newcastle Legal, who represents 30 of Walker’s victims described the case as “heart breaking”.

He said Walker’s clients had “every right” to trust him. He was their accountant.

“Ray could look these people in the face, people he’d known for a lifetime in some cases, and just barefaced lie to them,” he said.

“He did it over and over and over again without flinching.”

Walker’s suicide was precipitated by a bruising nine-page legalletter from Mr Brook sent inJuly 2015 demanding thereturn of an elderly client’sretirement funds of more than $650,000.

The point of the detailed letter was clear. Walker wasfacing fraud charges and jail time if Mr Brook’s client, described as a “patient, conservative and non-greedy investor”, did not get her money back.

There is no doubt from the contents of the letter, which was copied to Walker’sson Brett, that Mr Brook had the goods on Ray Walker.

His house of cards was on the verge of collapse and Walkertook his own life 10 days later.

While no one besides Walker knows what wasfact and fiction in the financial schemes he peddled – the harm done by his deception is all too real. Lives have been destroyed.

Newcastle’s cruellest con manhttps://nnimgt-a.akamaihd.net/transform/v1/crop/frm/donna.page%40fairfaxmedia苏州美甲学校苏州美甲学校论坛/b408f055-d00c-4096-a920-3f24bdb1897a.jpg/r0_92_720_499_w1200_h678_fmax.jpgHow accountant Ray Walker stole $10 million from clients who called him a friend.news, local-news, 2017-11-11T06:00:00+11:00https://players.brightcove.net/3879528182001/default_default/index.html?videoId=5641384369001https://players.brightcove.net/3879528182001/default_default/index.html?videoId=5641384369001Jim Todhunter who lost $200,000 after investing with his longtime accountant Ray Walker.Couples, some happily married, found themselves facing separation. Families have been torn apart with guilt and anguish. Husbands and wives, parents and children blamed each other and themselves for being conned. The sting was exceptionally harsh in many cases where trusting investors urged their family and friends also to put their money with Walker.

Investors were promised returns of up to eight per cent. To this end Walkersent out “annual investment statements”.

The reality was, of course, that it was a giant Ponzi scheme. A percentage of the investors asked for, and received, interest cheques.

The rest were persuaded by Walker to roll over their money. He spent millions on a failed Adelaide property development, used some to make interest payments to keep the scamrunning and the rest simply disappeared.

Lake Macquarie carpenter Richard Galloway invested more than $300,000, his entire retirement savings, in a “pooled investment” fund that Walker said would receive a higher interest rate on deposit with one of the big banks.

But after being diagnosed with an asbestos disease in 2014, Mr Galloway went to Walker and asked to withdraw his money. The 59-year-old wanted to take some holidays with his wife while his health was good.

“Rayleaned back in his chair and said with my health the way it was we had to have the money somewhere safe,” Mr Galloway said. “He told us we shouldn’t move it, that it was safe with him.”

The Galloways now face having tosell thefamily home.

Mary and Jim Todhunter, ofHamilton South, lost $200,000. Like others they invested in one of Walker’s “blue-chip” commercial property investments,the Cosmopolitan Hotel in Carrington,promising annual returns of 5.2 per cent.

Mr Todhunter, a Newcastle taxi owner-driver, invested $100,000 from his super and another $100,000 on behalf of his daughter who has autism.

Brett and Renee Walker

“It was money left to my daughter from her grandfather,” he said. “I went to Ray who had been my accountant for 31 years and asked him where is somewhere I can put thiswhere it will get some interest for the future.

“Walker told me he knew just the thing.”

Walker’s victims arehopingthat bankruptcy trustee Ray Tolcher, a forensic accountant, tasked with sifting through 80 boxes of files cantrace the money trail.

They are demanding answers from the Walker family, especially Brett who declined to be interviewed. Father and son were in partnership in the accounting firm until a 2008 restructure saw them working from the same office but as separate legal entities.

A key maninsurance policythe pair hadin place meant thatafter Ray Walker’s suicide hisestate was paid more than $700,000 andBrett took Ray’s clients. He went on to establish Active Accounting Group.

Angry creditors have written letters to Walker’s wife of more than 40 years, Jennifer, pointing out that “your children and their partners hold very substantial property holdings, numerous companies and large shareholdings in companies”.

One letter reads:“Right at this moment we are driving around in a 1994 vehicle that breaks down, we are sitting on a 35-year-old lounge and trying to sleep on a 25-year-old mattress, we do not go out for meals, the movies or entertain as we cannot afford it.”

It goes on to statethat“Ray was referred to as ‘the banker’ when Ray and his children were together at house auctions buying investment properties”.

Mrs Walker, who held property assets in her name, told creditors she had little knowledge of her husband’s business and knew nothing of the fraud.

Ray Walker in Cooranbong in1963.

Brett Walker’s wife Renee, a dietitian,has a significant property portfolio. But nodoubt thefamily’s biggest single asset is about $4 million worth of shares in Newcastle founded sports-betting company, TopBetta.

RBW Nominees, a company formerly run by Ray Walker, then Brett Walker until he resigned as director in 2013 when hewas replaced by Renee,wasin late 2015 the largest shareholder in TopBetta. Creditors want to know where the money to invest in TopBetta came from.

“We want to see proof that none of the money that was invested with Ray and disappeared, made its way into any other projects owned by the Walker family,” Mr Todhunter said.

Brett Walker toldFairfax Mediahe was “cooperating” with the court-appointed trustee’s investigation and it was not appropriate to discuss the matter further.

He previously toldThe Australiannewspaper that he knew nothing about the fraud and did not benefit from it. He saidhe had proof that no money from investors crossed over to his family.

Mr Tolcher said he had found no evidence that fundsfrom creditors had made their way to Brett Walker orhis family.

Of the files he received from theestate, Mr Tolcher said “they weren’t very well organised” and he didn’t know if they were complete.

“If anyone can help us recover funds for creditors I’d be very happy to hear from them,” he said.

Since his death it has emerged thatRay Walker weathered several investigations by regulatory authorities, thatBrett Walk said he knew nothing about.

In the early 1990sthe Company Auditors and Liquidators Board cancelled Ray Walker’sregistration as an auditor and hewas also banned from managing a corporation for five years in 1991.

Peter Hicks, a retired chartered accountant, toldThe Australianhe had raised concerns about Walker in the late 1980s as an official liquidator of a building supplies company on the petition of the ATO.

Police issued search warrants and identifiedWalker was laundering money with cash payments to miners.

The Institute of Chartered Accountants issued a formal reprimand of Walker.

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Roy O’Donovan flying high but keeping feet on the ground for Adelaide clashvideo

Written By: admin - Oct• 13•19

Roy O’Donovan hasscored the second-most goals ever across the first five rounds ofan A-League season, was just named PFA player of the month and has an enviable record againstAdelaide.

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MAKING A NOISE: Newcastle striker Roy O’Donovan celebrates a first-half goal against Wellington Phoenix at McDonald Jones Stadium last Saturday. Picture: AAP Image/Darren Pateman

The Jets striker is flying, but the former Mariner believes he and unbeaten Newcastle willhave their feet firmly on the ground against Adelaide on Saturday at Coopers Stadium.

O’Donovan has seven goals in five games to lead the A-League scoring from Sydney’sBobô and Wanderers’Oriol Riera on four.The start is second to only Shane Smeltz’s 2009-10 Gold Coast record of eight goals in the opening five rounds.

If he can continue the form, O’Donovan could joinJoel Griffiths (2007-08) and Adam Taggart (2013-14) as A-League Golden Boot winners at Newcastle,and surpass their totals. Griffiths and Taggart finished their award-winning seasons with 12 and 16 goals respectively.

O’Donovan was named Professional Footballers Australia’s player of the month for October on Friday but the Irishman was not looking ahead at more potential plaudits.

O’Donovan’s A-League goal of the year“For me, football is not about individual awards,” O’Donovan said.

“It’s a team game and if the team does well, I do well. We just each all have our own individual job, we’re all cogs that all fit.

“So far, so good, but to be honest with you, long-term goals like that, they don’t come into play untilprobably at the finals.”

O’Donovan scored twice in the third-placed Jets’ 3-0 domination of Wellington last week and,if history is any guide, the 32-year-old will likely add to his tally against sixth-placed Adelaide, who are on five points, sixbehind Newcastle.

O’Donovan scored four times, including the 2015-16 A-League goal of the year,in four games against Adelaide while at the Mariners.

“I don’t think that means much,” he said of his success against the Reds.

“I think scoring against any team means the same thing,but it’s one of those quirks where I seem to have a decent record against them.

“But I like playing at that stadium. It’s a proper football stadium and they’ve got a very loud crowd, close to the pitch. Theymakeit difficult to play there but that’s what you want, a proper challenge, and they are a decent team as well.”

The Jets,whoare expected to field an unchanged side,have easily the best attacking record in the league, with 13 goals scored, but they lost 1-0 toAdelaide in their round of 32 FFA Cup clash this season.

Newcastle play heavyweights Sydney away, Victory at home and Melbourne City away after the Adelaide trip but O’Donovan was not looking past the Reds.

“They all pose us very difficult challengesbut, for me, Adelaide is the very difficult one because they’ve been probably the most effective team since they’ve had the new manager come in this year,” he said.

“They are in the FFA Cup final and they got a solid start to the league, obviously with the away win against Brisbanea standout so far.

“It will be difficult. Obviously they beat us in the FFA Cup.It will be a tough game for us.”

O’Donovanprofited from Newcastle’s high-pressing strategy in defence against Wellington but he expected Adelaide to match the Jets’intensity.

“We’re a very fit team and I think that showed last week, but therewill be a different test against Adelaide because I think they are a very fit team as well,” O’Donovan said.

“We played against them in the FFA Cup and I’ve watched them a few times this year and the last 20 minutes of games they arevery strong.

“Again, I think it’sanotherreal test for us tomorrow, but everything right now is positive. But we need to notget carried away with ourselves and make sure we do the business tomorrow.”

O’Donovan believed thebest form of defence was attack for Newcastleon the road after their impressive display up front against Phoenix at McDonald Jones Stadium.

“We’ve worked a lot on that from pre-season,” he said of their attacking flow.

“Obviouslythese things take time to click and that’s to do with players, the manager’s style of play and just getting to know each other really.

“But it’s starting to get better.I thought the week before against Wanderers in the second half it was also really good, so we’re heading in the right direction.

“You’re looking at us,hopefully coming towards Christmas, thatwe’ll be a team that’s really peaking.”

“We’re in a good spot right now but we need to keep focused and take every game with it’s own challenges and merits.”

Triple knee reconstruction hasn’t stopped Gameiro

Written By: admin - Sep• 27•19

If Corey Gameiro manages to play a major role for Brisbane Roar when they take on Melbourne Victory on Saturday night it would take the hardest of hard-hearted Victory fans not to wish the young forward well.

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As a youngster the Port Kembla-born and raised Gameiro looked to have the world at his feet.

At 16, Gameiro was signed by London-based English Premier League club Fulham and a glittering career beckoned. His confidence would have been further boosted by the fact that Fulham gave him a contract extension in 2012.

But fortune in football can turn quickly. Just a year later, Gameiro was released by Fulham, having already been shipped out on loan a couple of times, the last back to the A-League, where he played half a season at Wellington Phoenix.

But his real troubles were about to begin.

Gameiro signed for Sydney FC, but soon after he sustained the first of what turned out to be three serious knee injuries which have involved reconstructive surgery and blighted his career.

Gameiro bounced back well initially, scoring a terrific goal for Sydney in a game against Melbourne City, who were to become his next employers. Having joined them he injured his knee on two more occasions.

Through it all Gameiro has retained a cheerful, stoical attitude and never doubted he would get back to the upper echelons of the domestic game.

Seeing friends he had grown up with battle cancer and other serious illness made him realise, even through the fog of his own depression, that he was lucky to still be able to live his life as a professional sportsman.

Now 24, and recovered once again, Gameiro was thrown a lifeline this season by Brisbane boss John Aloisi, and he is determined to make the most of his chance should his body hold up.

Until he came off the bench for Roar last week, it has been nearly two years since Gameiro played a game in anger, his last appearance for Melbourne City.

“It was against Perth where I did my knee the second time,” Gameiro said. “I didn’t quite get back from the third one, which went in training in Townsville in a pre-season camp with City.

“People say I have got mental strength, but I just love it, I love playing, there is nothing else in my life that I want to do.

“The thought of not working this hard to get back to playing is more terrifying than the thought of having to work this hard to get there in the end.

“It doesn’t matter how many times something like this happens to me, I will get back and I want to play. Until the day that someone comes to me and categorically says you can never play again I will keep on trying.”

Gameiro, remarkably, can even find some positives in the way his injuries have occurred.

“I have been very fortunate in some ways as with my knee injuries it’s always been a clean ACL tear. It is the worst ligament you can do, but I haven’t done any other cartilage, no other ligaments, no bone bruising, which is a positive. It’s why I am now running and sprinting and turning and shooting, and I feel no discomfort.”

Gameiro is grateful to Aloisi, who was prepared to take a chance on him.

“I was in talks with a few A-League clubs who were interested, and they all said the same thing … they said we like you, we know what kind of person you are, we know what your attitude is like,” Gameiro said.

“They all said we know you can play, it’s just a matter of whether your body is OK. That was the biggest question mark they all had.

“John said he knew me from earlier days, he knew what I was about, he said it wasn’t about my football ability. He said ‘If you can get ticked off by the doctors and physio and the medical staff there’s a contract here for you. You don’t have to kick a ball to show me’.

“He had faith in me, put a contract on the table and said as long as the doctor ticks you off I will sign you. I don’t need to have you come and trial, I know what you can do. It’s just a matter of whether you are OK.

“Within 10 minutes of the medical the doctors and the physios were pretty taken aback by how well I was tracking considering I had had three knee operations. That’s a credit to Melbourne City’s medical staff and resources, they were fantastic for me, they really fixed my knee up.

“John keeps saying he wants to look after me, and if he has to pull the reins back and wait until I am fully ready to go that’s what we have to do.

“Him, me, my mum and dad, nobody wants to see this happen again if we can help it.”

He looks back on his time at City positively, even though he had such horrendous luck there.

“I was injured the whole time I was at City, I played four or five games off the bench, then my first start for City I got an assist, I think we beat Perth four or five one, but that was the game in which I ruptured my knee, my first start for the club.”

Gameiro acknowledges that his mental strength has been tested and he has had bouts of depression, but it is the example of friends of his who have battled serious illness that made him realise he was, in a way, lucky.

“There’s people going through life, I have had a close friend of mine, who is only my age, he went through cancer while I was going through some of my knee recovery. He is fine now, he has come through the tunnel, which a lot of people don’t.

“To speak to him while I was going through depression, I had a rough period, but it put it in perspective.

“You are a young footballer, you get these injuries, and you are trying to understand how everything can be looking to be so good, then go so dark all of a sudden so quickly.

“You fall off the face of the earth, you are in the limelight, things are going well, but then you just disappear. You ask your self ‘Why is this happening, why me?’.

“Then to talk to my friend with what he was going through, how positive his mindset was, how he coped with what he was going through and still looked positive, that was a lesson.

“It made me realise that even if I couldn’t play I was still fine, I was healthy, my family still love me and everything else was good.

“He was a huge help. That was contagious for me, it made me think I am going to be fine too.

“When you think of what people in that situation have been through, to what I went through. It’s tough, but it’s do-able. Life goes on.”

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Neocons on the mat, but don’t write off the market

Written By: admin - Sep• 27•19

There is a growing disquiet around the developed world. After a decade of post-GFC prosperity (and 26 years of unbroken growth here in Australia), many people are working out that this new era isn’t all it’s cracked up to be.

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At least, not for them.

There was a time when economic success – and failure – was reasonably broadly shared. The rising tide, as the aphorism would have it, lifted all boats. Of course there was always inequality, haves and have-nots, but the spoils of growth tended to filter down to most, if not all, in one form or another.

In the 1980s and 90s, developed economies boomed. Inflation was bought under control. Unemployment fell. Standards of living rose quickly, as deregulation and globalisation brought costs down and productivity up. Throw in the benefits of fast technological change, and you had the makings of broad-based success.

But something funny happened on the way to prosperity. Globalisation meant growth for some parts of the economy, but stagnation and collapse for others. Deregulation led to workplace flexibility, but also minimal real-wage gains. Technology created white collar jobs at the expense of blue collar ones, but not all white collar jobs were safe.

And as the winds of change shaped and reshaped the economic landscape, more and more of the Western world’s gains accrued to large businesses and those at the top of the workplace tree.

‘Trickle down’ economics, despite the mistaken (or wilfully ignorant) views of some in government around the world, didn’t – and doesn’t – work. The tax cuts that were supposed to spur growth either didn’t work, or worked too well, helping the rich get richer, but doing almost nothing for the average worker.

At this point, ideologues started to man the barricades. Sometimes literally, in the case of Occupy Wall Street, but mostly metaphorically. And, sadly, it was all too predictable. Those on one side blamed Reaganomics and forecast the death of capitalism. Those on the other side argued that while there are negative side effects to growth, not growing would have been even worse.

They’re both wrong. And right. But the usual retreat to opposite sides of the political and economic spectrum, followed by much throwing of rotten fruit improved nothing, made compromise difficult, and formented distrust.

Coming, as it did, at the same time as focus group-driven politics, there has been little in the way of leadership over the last decade or so, either, making rank ideology and political expediency uncomfortable bedfellows.

The result, now obvious, is an echo of Menzies’ ‘forgotten people’. But this time, rather than being offered a solution, the lack of leadership has left a vacuum that has been filled by an uninformed, angry populism here and overseas.

And, unhelpfully, such an environment leaves little room for the rational middle ground. It’s hard to get people angry enough to vote for you if you’re in the sensible centre. It’s much easier – and sadly, more effective – to appeal to emotion, to tell people how bad things are, to offer a return to some distant, rose-coloured past.

But, whether we like it or not, we’re not in Kansas anymore, Toto. And we should like it. On almost any objective measure, we are better off today than in the past. We have better healthcare, amazing technology, cheaper products and plenty more besides. But it has come with higher house prices, seemingly less social connection, and greater inequality.

Change is happening faster than ever. It’s uncomfortable. Uncertain. Often unwelcome. But that genie isn’t going back in the bottle. And we shouldn’t try to stuff it back in, despite what the populists and idealogues on both the left and right would have you believe. But this article isn’t aimed at them. They’re unwilling or unable to change.

The excesses of what’s now derisively called Neoliberalism or Neoconservatism are clear to those who look for them. On a social level, rising inequality is unwelcome and unfair. It’s also damaging to the economy: not only will it increase calls for punitive tax and regulation, but the hardliners forget that the economy only grows when people have more to spend. And, while contentious, it’s also pulling at the fabric of what we used to consider core Australian values. Without devolving into jingoism, it’s hard to argue we’re not less tolerant, cooperative, welcoming and fair than we used to be – or at least than we aspired to be.

Foolish takeaway

But trying to arbitrarily wind back the clock would rob us of the gains of the last three decades, in terms of rising standards of living, access to more diversity and opportunity and a world our forebears could not have imagined.

Our society and economy is changing at an unprecedented pace, improving much, but damaging some. We need to take better care of those who are casualties of change, and to be ever vigilant for the unintended consequences of progress. But we shouldn’t try to stop the wheels of progress – as imperfect as it is, democratic capitalism is the best system we have.

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Scott Phillips is the Motley Fool’s director of research. You can follow Scott on Twitter @TMFScottP. The Motley Fool’s purpose is to educate, amuse and enrich investors. This article contains general investment advice only (under AFSL 400691).

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Rugby Union: Former Hamilton Hawks lock Nick Palmer joins NSW Waratahs for 2018photos

Written By: admin - Sep• 27•19

Palmer gets NSW contract DEAL: Hamilton two-time premiership-winner Nick Palmer training with the NSW Country Eagles at Newcastle’s No.2 Sportsground in 2015. The lock has been signed by the NSW Waratahs for next season. Picture: Jonathan Carroll

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TweetFacebook Nick Palmer Pictures from Fairfax Digital Collection+12Pictures from Fairfax Digital CollectionMORE GALLERIES

facebookSHAREtwitterTWEETemailwhatsappNewcastle rugby union player Nick Palmer has scored his first contract with the NSW Waratahs.

Fresh from a stint with New Zealand provincial outfit Hawke’s Bay, the former Hamilton and NSW Country Eagles lock was on Friday named in the 2018 state squad.

Palmer, 26, is one of eight new additions announced by the NSW Waratahs, which also includes Wanderers prop and recent Australian under-20 representative Harry Johnson-Holmes.

SIGNED!Eight young players have put pen to paper and committed to NSW from 2018 🔥Welcome to the family!#ForTheLoveOfRugbyhttps://t.co/258iumaDgIpic.twitter苏州美甲学校/WMI7bVmn25

— NSW Waratahs (@NSWWaratahs) November 9, 2017

Palmer’s coach was Scott Coleman when rising through the ranks at Hamilton between 2009 and 2014, which included two first grade premierships.

“It’s unreal for him,” Coleman said.

“He’s a pretty committed guy and trains hard so it’s a good reward.”

Palmer was one of 10 players inducted intoHamilton’s hall of fame earlier this year when celebrating the club’s 50thanniversary.He won titles in 2010 and 2012, but lostdeciders in 2011 and 2013.

In recent campaigns he has playedShute Shield with North Sydney, including the club’sdrought-breaking 2016 triumph,and trained with the extended NSW Waratahssquad last summer.

Coleman said Palmer “started in a fair few games” while in New Zealand the last few months.

Previously hehas also linked with National Rugby Championship franchises the NSW Country Eagles (2015) and the Sydney Rays (2016).

Palmer, who started playing the sport while at renowned Sydney high school St Joseph’s Collegein 2006,has signed a one-year deal with the Waratahs.

Johnson-Holmes picked up a three-year contract.

Next year’s Super Rugby season has NSW kicking off against the Stormers at home on February 24 after an opening-roundbye.

NSW coach Daryl Gibson said Palmer and Johnson-Holmes had earned their opportunities.

“We are looking forwardto further developing this group of young men,” Gibson said.

“They have impressed the coaching team with their attitudes and willingness to improve and are working hard to succeed.

“The expectation is that they arrive ready to perform and make the most of their opportunity to compete with their teammates for starting spots.”

2018 SIGNINGS:Nick Palmer,Alex Newsome,Lalakai Foketi, Will Miller, Cody Walker, Shambeckler Vui,Harry Johnson-Holmes, Lachlan Swinton.

CBS gets court approval for takeover of Ten Network

Written By: admin - Sep• 27•19

US media giant CBS’s $41 million takeover of the Ten Network can proceed, with a court approving the transfer of all shares in the free-to-air TV broadcaster to the American company.

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A hearing into the NSW Supreme Court concluded last Thursday, following days of delays due to three minor shareholders opposing the transfer – a deal which leaves them empty-handed.

Handing down his decision in the NSW Supreme Court on Friday, Justice Ashley Black said there was “no prejudice or unfair prejudice arising” from the transfer of Ten shares to CBS.

Richard McHugh, representing Ten administrators KordaMentha, said the shares would not be transferred before 5pm on Tuesday, which would allow the shareholders time to decide whether or not to seek an injunction.

Justice Black ordered that if the three shareholders – two of whom were present in court on Friday – intended on seeking any form of injunction they would have to give KordaMentha four hours notice before Tuesday’s deadline and prepare an argument to be heard before the court.

He explained to Yunfeng Du and David Gubbay that they could appeal the decision, but by doing so, they may be subject to damage costs caused by the delay.

“If you are contemplating an appeal, then it will plainly be desirable for you to finalise your position over the weekend and give notice to the plaintiffs,” the judge said.

Administrator Mark Korda told reporters outside of court that a further delay could mean Ten might lose out on large advertising contracts, talent resigning and other new contracts.

He said he did not think that would happen but, if an appeal were lodged, he expected it to be settled by Wednesday.

“We want to take channel Ten out of administration and give it a great future so there could be damages but I am sure we will get it settled and it will be fine,” Mr Korda told reporters.

The CBS takeover trumped a competing offer from billionaire Ten shareholders Lachlan Murdoch and Bruce Gordon and was almost unanimously backed by Ten’s creditors, including the broadcaster’s employees, at a meeting in September.

The deal now awaits the expected approval from the Australian Securities and Investments Commission.

AAP

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W-League: Jets face big test against City in Melbourne

Written By: admin - Sep• 27•19

When the Newcastle Jets W-League side hit the road for the first time this season coach Craig Deans said it will be a matter of showing respect to the star-studded Melbourne City without being too respectful.

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The Jets are flying high atop the competition ladder with Perth Glory after an undefeated start at home in the opening two rounds.

They beat Western Sydney 2-1 then Sydney FC 2-0 butface a much tougher test in the form of Cityat AAMI Park on Sunday.

City are considered the strongest team on paper with several Matildas players and a string of internationals in their startingside.

They stumbled in a 4-1 loss to Glory in round one before edging out Melbourne Victory 1-0 last weekend but will still carry the favourites tag against the Jets and Deans was happy to keep flying under the radar.

“It’s another team we get written off against and that’s fine,” Deans said.

“It’s a good challenge for us and a good challenge for individuals to show their own progression because we have to keep improving every week, individually and as a team.

“At the start of the year we said if we want to be in the finals then we’ve got to beat these sort of teams at some point. We’re ready for it.”

Newcastle have not beaten the back-to-back champions since City entered the W-League in 2015 but have matched it withthe competition heavyweights.

“We played them the first game last year and lost 1-0 and that was probably my fault probably because tactically I was a little bit conservative compared to what we normally are,” Deans said.

“It didn’t work and we conceded a goal within the first 10 minutes.”

“We changed back and we dominated the game after that. We learned a lot from that game in that we can’t be too respectful. Be respectful but not to the point of our own detriment.”

Deans has elevated Cortnee Vine into the starting line-up after she impressed from the bench against the Sky Blues.Clare Wheeler replaces Ashlee Brodigan in the 15-player squad travelling to Melbourne.

The game is at 4.30pm and will be televised live on Fox Sports.

STARTER: Cortnee Vine has been elevated to the Jets starting side. Picture: AAP Images/Darren Pateman