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SABRA LANE: But you still could do that?
ANDREW LEIGH: We could act irresponsibly but we won't.
What we will do is pass through for the Government the first stage of the tax cuts, to take effect on the 1st of July this year.
Middle Australia will get tax cuts with bipartisan support. And I don't think anybody wants to play this sort of game that Scott Morrison seems to be engaging in, in which he won't deliver those middle-income tax cuts unless we support tax cuts not due to happen until 2024.
It's a kind of 'Fish Called Wanda' approach: you know, do the right thing or I'm going to eat your goldfish. I don't think even Scott Morrison is going to stick to that ploy.
SABRA LANE: All right. Shadow assistant treasurer Andrew Leigh, thank you very much for joining AM this morning.
Scott Morrison says all of the budget's tax reforms need to be passed by July 1, but Labor and some crossbenchers want the bills split so tax cuts for low-income workers are separate from tax bracket changes.
From older Australians to foreign doctors, explore who wins and who loses as a result of Treasurer Scott Morrison's 2018 budget.
Nucleation is the process by which the metastable phase decays into the stable phase. It is widely observed in nature, and is responsible for many phenomena like cloud formation and crystal growth. The classical theory of nucleation predicts that the objects that initiate the decay from the metastable to the stable pha...
I study nucleation via molecular dynamics simulation of Lennard-Jonesium, a model system for liquid-solid transformations. The system is quenched from a high temperature, where the liquid is stable, to a lower temperature, where the liquid is metastable, and allowed to nucleate via fluctuation-driven clusters referred ...
On Aug. 21, 2003, the U.S. Court of Appeals for the Eighth Circuit ruled that owner-operators who signed leases prior to Jan. 1, 1996, could not prosecute their claims under the federal truth-in-leasing regulations against New Prime Inc. in federal court without imposing impermissible retroactive effects.
"This decision is in no way a vindication of the conduct of New Prime under federal law," said Jim Johnston, president of the Owner-Operator Independent Drivers Association. "The court merely decided that New Prime could not be compelled to defend its conduct under the leases in question in federal court."
All of the leases that were involved in the litigation were executed prior to Jan. 1, 1996, the effective date of the Interstate Commerce Commission Termination Act. OOIDA's attorneys are reviewing the Eighth Circuit ruling and will "almost certainly seek further review of this decision," Johnston said. Further review ...
Johnston pointed out OOIDA’s class-action case against another motor carrier, Arctic Express, in which U.S. District Court Judge Algenon L. Marbley (for the Southern District of Ohio, Eastern Division) ruled that duties imposed on a carrier with regard to the obligations under its leases are not new. In his opinion, Ju...
Woodbury Financial Services, part of the Advisor Group, is buying Capital One Investing's $10 billion investment management and brokerage division.
Capital One's advisers will join Woodbury's roster of affiliated independent advisers and get access to Woodbury's technology, marketing services, business building support and wealth management solutions.
The sale is part of Capital One's move away from some financial service businesses. In January, the company announced it was exiting the online investing business, selling 1 million brokerage accounts to E*Trade Financial Corp. for $170 million.
Woodbury recruited 213 new advisers in 2017, representing a combined $5 billion in assets under advisement. In total, Woodbury supports more than 1,200 advisers with $39 billion in AUA.
The Advisor Group grew by 614 advisers and $13 billion last year.
Woodbury expects to complete the Capital One transition in the second quarter or early Q3 of 2018.
Jon Jones has been suspended one year by the USADA after testing positive for two banned substances prior to his fight against Daniel Cormier at UFC 200. The Nevada Athletic Commission revealed that Jones was found with clomiphene, and letrozole in his system, both of which are "hormone and metabolic modulators" prohib...
UFC is aware of the one-year sanction levied against Jon Jones as a result of his UFC Anti-Doping Policy violation, decided by a three-person arbitration panel held on Monday, October 31, 2016. UFC has been advised that the one-year suspension commenced on Wednesday, July 6, 2016. While the decision indicates no eviden...
The suspension is retroactive to the day the positive test was revealed, which means Jones can return in July 2017. "Bones" released a statement of his own, acknowledging that he's "very happy" to be cleared of intentionally taking a banned substance.
"Although I was hopeful for a better outcome in the USADA ruling today, I am very respectful of the process in which they allowed me to defend myself. I have always maintained my innocence and I am very happy I have been cleared in any wrong doing pursuant to the allegations made that I had intentionally taken a banned...
Pirates and Princesses weekend at Cromford Mills.
Ahoy there to all the pirates and hello to all the pretty princesses.
Cromford Mills will be hosting three days of adventures over the bank holiday weekend.
Come dressed as a pirate or princess and win a prize.
Families can board a canal boat and hunt for treasure or play indoor and outdoor games.
Little pirates can make their own ship in a bottle while princesses can make a castle in a bottle.
Parrots will be on site and there will be plenty of opportunity to hold these colourful birds in return for two pieces of gold (£2).
Artist and children’s author Karina Goodman will host a fun drop-in workshop on Sunday, August 26, from 10am to 4pm.
Karina has written the introduction to “The Day the Pirates Sailed into Cromford” so come and join her and let your imagination run wild ... write or draw your own adventure story. Admission to the workshop is £3.50.
The Pirates and Princesses Weekend runs from Saturday, August 25, to Monday, August 27, from 10am to 4pm.
Organisers of Lourdes trip for disabled children remain ‘confidently resolute’ and are committed to ensuring the trip will go ahead.
Concerns have been raised about the affects of a ‘no deal’ Brexit on an annual Lourdes pilgrimage for disabled and disadvantaged children—but organisers are committed to ensuring the trip will go ahead.
HCPT-The Pilgrimage Trust takes around 1,000 disabled and disadvantaged children out to Lourdes in France at Easter, supported by volunteer helpers, nurses and priests. The charity this week revealed concerns over flights, visas and the validity of European Healthcare Insurance Card (EHIC) in the event of a no deal Bre...
If a deal is struck before March 29 between the United Kingdom and the European Union or if Article 50 is extended, the charity said the current pilgrimage arrangements for Easter 2019 would go ahead as planned.
However, if the UK leaves the EU without a deal then HCPT said they cannot control the situation.
A spokesman for HCPT said: “As the Brexit process continues to twist and turn, it is impossible to forecast with confidence what arrangements will be in place on or after Friday March 29.
“A number of outcomes are possible, and so for the moment HCPT is contingency planning for a range of eventualities.
“Current arrangements, such as they affect HCPT’s pilgrimages, would be secure in the event of a deal, or in the event that Article 50 is extended or revoked.
The spokesman added: “In terms of visa requirements, we are assured that whereas some documentation—possibility at a modest cost—may be required for UK subjects to travel to the EU as a third country in the future, this would not be the case until 2021.
“The future of the EHIC (European Health Insurance Card), giving reciprocal medical cover, is clearly subject to whatever arrangements are put in place following March 29.
“In the event that such a facility no longer exists for some or all of our 2019 pilgrimages, HCPT will take whatever steps are necessary to ensure continued access to local medical facilities for its pilgrims.
“For many centuries European countries have co-operated to ensure the safe passage of pilgrims to the great shrines of our continent and, so, it would be my firm hope and expectation that HCPT will continue this great tradition regardless of whatever emerges from the present Brexit process,” he said.
Lourdes, which has a population of about 17,000, receives tourist numbers upwards of six million per year.
Tangney Tours has been chartering pilgrimages to Lourdes since 1974 and chairman John Tangney believes the Brexit process will hopefully be worry-free for tour companies like his.
Mr Tangney said: “Business is very good and I’m very positive about the Brexit process as I don’t think it will cause too much disruption at all.
“Our chartered flights for 2019 have all been brokered and contracted with British Airways and we have bought our currency in advance so if the economy collapses, which I don’t think it will, we’ll still be in a solid position.
“In terms of relying on the French authorities for trips across Europe, I would say those countries don’t want the hassle.
They’ll want to minimise disruption for themselves and that includes when their citizens want to travel to Britain.
“It is a similar story with the EHIC. I believe that when a deal is struck that by in large the system that’s in place will continue either in the same vein or on one which still looks after people at minimal expense.
“As a company we have already received our quotes for 2020 and the travel insurance price estimate has only went up by £1 or so.
“I’m of an age when I remember times before we were in the EU so by in large I believe there is a lot of scaremongering going on with a number of issues. For example, having an international driving permit was never an issue before we joined so I don’t see how it could be a legitimate requirement.
For the hundreds of climate-change activists who've camped out by Heathrow Airport this week, there is just one way to reduce aircrafts' carbon footprint: stop flying.
"Aviation is a luxury we can live without," says a protester named Merrick. Air travel, he says, is booming, multiplying greenhouse gases just as the climate-change imperative starts to bite. "It has to be scaled right back."
As protesters plan an unspecified action this Sunday, aircraft engineers, scientists, and climate experts around the world are urgently assessing if technology, taxation, and rationing – or a combination of all three – is required to stop aircraft from overbalancing the climate-change equation.
The statistics look ominous. Aviation currently contributes about 3 percent of global carbon emissions, but air travel is growing at some 5 percent a year, meaning numbers of air passenger kilometers will triple by 2030. Boeing estimates that aircraft numbers will double to more than 30,000 in little more than a decade...
Added to this is the complication that aircraft do not just give off carbon dioxide but nitrous oxide, thought to have at least double the impact of CO2, and condensation trails, which also may contribute to global warming.
For some, including President Bush's senior environmental adviser James Connaughton, the answer lies chiefly with technology. Aircraft manufacturers are constantly improving design of bodywork and engines, deriving greater fuel efficiency that reduces carbon emissions.
A British study group dubbed Omega (Opportunities for Meeting the Environmental Challenge of Growth in Aviation) is looking at a range of technological and other factors, including aircraft design, sustainable fuels, and open rotor-propelled aircraft that reduce fuel burn, to assess how they could mitigate aircraft pol...
Boeing last month unveiled the 787 Dreamliner, which it says will use 20 percent less fuel than similar-sized aircraft. The UN International Panel on Climate Change says perennial improvements have made planes 70 percent more efficient than they were 40 years ago. Another 40-50 percent improvement can be expected over ...
The problem, climate experts say, is that current projections indicate that air travel is set to grow 400 percent in the same time period.
"Efficiency is only set to improve at 1 or 2 percent per year at best, while the number of passenger kilometers is growing at 5 or 6 percent," says Peter Lockley, head of policy development at the Aviation Environment Federation, a British think tank. "So emissions are going up steadily in the gap between the two."
Then there are alternative fuels. Radical concepts like hydrogen-powered aircraft are still considered to be decades away. But serious work is being done on biofuels as an alternative to kerosene in aircraft. Last year, British entrepreneur Richard Branson promised to plough all profits from his air and rail companies ...
Scientists are skeptical, though, of the potential for running jets on biofuels. Then there is the area of land required to produce fuel in sufficient volume. Already, environmentalists are concerned at the way rainforest is being destroyed to make way for palm oil, a biofuel crop.
Lockley says that one study concluded that supplying the US commercial fleet with a 15-percent mix of biofuel would require planting an area the size of Florida with soya beans.
Given the limited prospects for a technological solution, a growing body of opinion is arguing for efforts to manage demand for air travel. "What matters is the next 10 to 15 years, and technology can do very little in that time frame," says Kevin Anderson of Britain's Tyndall Centre for Climate Change Research. "The p...
Experts point to several options. Europe is planning to include aviation in its emissions-trading plan starting in 2011. The hope is to set an example to the rest of the world, chiefly China and India, where aviation growth is surging, that concerted efforts can make a difference.
Airlines will get a limited number of CO2 permits that can be traded; top polluters will have to buy additional permits, hurting their bottom line. The idea is to give airlines incentive to operate cleaner aircraft; higher ticket prices may result as well, reining in demand.
But experts note that caps will be set fairly high, weakening the imperative; ticket prices are expected to rise by only a couple of euros, if that. Consumer behavior may thus be little affected.
An alternative is direct taxation. John Stewart, chairman of AirportWatch, a British movement opposed to aviation growth, says air travel in Britain, at least, is "artificially cheap" because there is no tax on aviation fuel and the industry "really doesn't pay the cost of the pollution and the noise that it generates....
He says without a radical price change, it will be impossible to change the mind-set of a generation that thinks little of hopping $20 flights for weekend pursuits. Some have lobbied for cigarette-style health warnings on ads for air travel and long-distance holidays, but Mr. Stewart argues that the only way to change ...
"The first step is for governments to get together across Europe and come to an arrangement whereby aviation is taxed, to cut demand in particular for short-haul flights," he says. Stewart notes that 45 percent of all flights in Europe are less than 500 kilometers (310 miles) in distance. "The French and Germans are sh...
But it's not just about leisure travel. Business travel makes up, by some estimates, about 40-50 percent of all air travel. One element of the British Omega project is a study that looks at how business can reduce its aviation carbon footprint.
Keith Mason, who is spearheading the study, say it involves persuading businesses to measure the carbon they consume, choose flights that are not just the lowest cost but are least environmentally damaging, use rail where possible, and make greater use of videoconferencing and webcast solutions.
"We are aiming to come up with a range of practical tools that will help companies start managing their carbon consumption," says Professor Mason. One company, PriceWaterhouseCoopers, has, he notes, introduced an internal 'carbon budget' whereby its 1,000 top travelers must reduce their CO2 footprint by 20 percent.
Indeed, some experts believe that personal carbon budgets – rationing – may be the only solution.
"It's too late for voluntary mechanisms," says Dr. Anderson. "Carbon allowances are the only fair way to deal with this."
My Philosophy Let me do what good I can. No kindness is too small.
If I were Mayor, I'd make the world a better place by If I were President, the first thing I would do is: declare a month of world peace and understanding. It might not solve all the problems, but it would give everyone a breather and a chance to get to know one another.
What/who changed my life and why Jesus Christ because he saved my soul and showed me what real love for my "neighbors" means.
If you want to innovate and generate breakthrough growth, you’d better do things differently. At least, that’s the mindset that leaders of high-growth-potential new businesses within established companies usually start with. It’s a mindset that can be inspirational, especially for mature companies delivering disappoint...
Thus, leaders of breakthrough new businesses have a simple and intuitive strategy for motivating their teams. Tell them that they will be part of a nimble, entrepreneurial, and innovative new business unit that can create the future and change the world. Tell them that the new business unit will have a different cultur...
This approach generally works. In our research, we’ve observed repeatedly that NewCo employees are highly motivated by it. But what is the message for the managers that continue on with CoreCo?
There is indeed a message. It comes through loud and clear, and it is not pleasant. The message is that CoreCo employees are incapable of turning the company around on their own. That they are rigid, lifeless, and stagnant. Closed-minded, bureaucratic, and top-heavy. Relics of the past. Fossils. Conformists. Utterly in...
The stuff of healthy rivalry? Hardly. Such stereotypes are hurtful, and can easily destroy any chance for cooperation between NewCo and CoreCo.
Unless NewCo has embarked on a fool’s mission, cooperation is crucial. Companies should be selective about the new high-growth-potential new businesses that they invest in. The competition is stiff — privately financed independent startups, and the vast and sophisticated networks that stand by ready to support them. So...
Leaders of NewCo need a different approach. They must place a high priority not on differentiating themselves from CoreCo, but partnering with CoreCo. This is not an easy mandate. There are numerous sources of tension that naturally develop between the two. CoreCo may resent the resources that NewCo diverts from its ow...
Despite these barriers to cooperation, NewCo’s leader can establish a partnership with CoreCo. It takes a dose of humility, a dose of empathy, and a few moments’ thought about common interests that NewCo and CoreCo share.
Sure, tell NewCo’s staff that they have a chance to change the world and revitalize growth for the company. But only a chance. And only through an effective partnership with CoreCo.
Sure, tell NewCo’s staff that they are part of a special organization. But it is not special because it is anything but CoreCo. It is special because it has an opportunity to extend CoreCo’s legacy into a new generation.
And sure, tell NewCo’s staff to cherish innovative thinking, flexibility, and initiative. But remind them that CoreCo aspires to the same. In fact, there are any number of shared values, from teamwork, to collaboration, to respectful communication, to respect for a shared brand image. Focus on similarities, not differe...
The fates of NewCo and CoreCo are interwoven. Divisive leadership can only lead to destructive backlashes.
Science Applications International Corp. will assist the Air Force in developing technologies that will help protect U.S. military aircraft under a five-year contract with a maximum value of $45.6 million.
The indefinite-delivery, indefinite-quantity award from the Air Force calls for SAIC to support the research and development of new infrared countermeasure technologies for the Air Force Research Laboratory Electro-Optical Warfare Technical Analysis Effort II Program.
The new technologies developed and assessed by SAIC will help the Air Force protect military aircraft from surface-to-air and air-to-air missile threats, company officials said.
Under the contract, SAIC will help make operation and performance improvements to facilities, including their instrumentation, control and data processing equipment. The contractor also will perform analysis and vulnerability assessments of missile, sensor and spacecraft systems within the Dynamic Infrared Missile Eval...
The program is managed by the Air Force Research Laboratory's Sensors Directorate at Wright-Patterson Air Force Base, Ohio. The program promotes the discovery, development and integration of sensor and countermeasure technologies for the warfighter. Contract work will be performed primarily in Dayton, Ohio.