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Wednesday, May 25, 2011

Nathan Tinkler hits a billion on the rich list

Gina Rinehart has topped off a dramatic 12 months by sweeping to top place on the BRW Rich 200 list with a fortune of $10.3 billion.
It is the first time any member of the Rich 200 has broken through the magical $10 billion mark and underlines the dramatic impact the mining boom has had on the ranks of Australia's wealthy.

Rinehart was well ahead of the surprise second place on the list Ivan Glasenberg, the South African-born, Swiss-based chief executive of Glencore. His wealth was estimated at $8.8 billion courtesy of last week's float of the world's biggest commodity trader.

Andrew Forrest, the head of Fortescue Metals Group, was in third place with a fortune of $6.18 billion, while Anthony Pratt, who succeeded his late father as head of packaging giant Visy Industries, was in fourth with $5.18 billion.

Clive Palmer – who is set to list his coal company Resourcehouse on the Hong Kong Stock Exchange in the next few weeks – was ranked fifth with a fortune of $5.05 billion.

While Gina Rinehart has never been far from the headlines in the last 12 months thanks to her strident opposition to the Government's mining tax and her surprise investments in media companies Ten Network and Fairfax Media, the sheer size of the increase in her fortune is staggering.

Not only is she the first woman in the list's 28-year history to lead it, but she also made the biggest fortune ever to be recorded by the BRW Rich 200, with her wealth more than doubling from $4.75 billion last year.

Overall, the rich list gained a 23 per cent rise in wealth to $167.25 billion, and five new billionaires took the total to 35.

Most appearances on this year's list were self-made, with only 17 per cent inheriting their wealth. The number of women in the list remained at 15 in line with last year, BRW said.

Tuesday, May 24, 2011

Harold Camping: Judgment Day Did Actually Happen Saturday

As crestfallen followers of a California preacher who foresaw the world's end strained to find meaning in their lives, Harold Camping revised his apocalyptic prophecy Monday, saying he was off by five months and the Earth actually will be obliterated on Oct. 21.

Camping, who predicted that 200 million Christians would be taken to heaven Saturday before global cataclysm struck the planet, said he felt so terrible when his doomsday message did not come true that he left home and took refuge in a motel with his wife. His independent ministry, Family Radio International, spent millions -- some of it from donations made by followers -- on more than 5,000 billboards and 20 RVs plastered with the Judgment Day message.

Follower Jeff Hopkins also spent a good deal of his own retirement savings on gas money to power his car so people would see its ominous lighted sign showcasing Camping's May 21 warning. As the appointed day drew nearer, Hopkins started making the 100-mile round trip from Long Island to New York City twice a day, spending at least $15 on gas each trip.

Camping did admit to at least one mistake: that he'd been reading the Bible with a factual mindset, rather than a spiritual one, which is why he'd misinterpreted Saturday's events.
"On May 21, this last weekend, this is where the spiritual aspect of it really comes through," said Camping. "God again brought judgment on the world. We didn't see any difference but God brought Judgment Day to bear upon the whole world. The whole world is under Judgment Day and it will continue right up until Oct. 21, 2011 and by that time the whole world will be destroyed."
So, in other words, even though Harold Camping was wrong, he was actually still right. You just don't know it, because you aren't Harold Camping.

Afghanistan mission 'succeeding' despite soldier's death

HUNDREDS of ex-servicemen stood together, backs straight, in perfect silence. None of them knew Sergeant Brett Wood, but all were familiar with the pain of loss.
During a minute's silence to mark the death of the 24th Digger in Afghanistan and the wounding of five others, there were some who called for the government to pull Australian troops out of an ''unwinnable'' conflict.
Australian forces, it was learnt yesterday, have killed about 1500 insurgents in the past 12 months, during some of the most vicious fighting seen by the military since the Vietnam War.

We can't win there, the mob we're fighting are willing to use women and children in battle: they will do anything,'' said Bob Cunningham, 63, at yesterday's Congress of Returned Servicemen's Leagues at Rooty Hill.
''In Afghanistan you don't know who or where the enemy is but you know they've got no morals and we're Australian, so we have to fight fair.''

'But progress is being made in Afghanistan and we are there for all of the right reasons - we are there to ensure that Afghanistan does not again become a safe haven for terrorists.
One of Sergeant Wood's fellow soldiers suffered life-threatening wounds and another serious injuries from the same blast. Another three Australian soldiers were injured in a separate firefight on Monday, but they were expected to be discharged from hospital at the Australian base in Tarin Kowt last night.
Defence Force chief Angus Houston yesterday described Sergeant Wood as a ''magnificent'' soldier who was on his third deployment to Afghanistan, having previously served in Iraq, East Timor and Bougainville.

Paul Twining's son, David, was Sergeant Wood's best friend until David was killed in a car accident in 2001, just three days after returning from service in East Timor. The two met the day they both joined the army and the pair became best friends. ''After losing our son, every time you'd hear about something overseas you'd always hope it wasn't Brett, but unfortunately you have in the back of your mind that one day it might happen,'' Mr Twining said.
Sergeant Wood's death came as a former Taliban commander reportedly said insurgents in Oruzgan were laying down their arms to concentrate on harvesting opium.
Australia's stated aim is to train the 4th Brigade of the Afghan National Army to allow it to assume responsibility for security in the province.
However, over the Australian summer, allied troops in Oruzgan have pushed further out from Tarin Kowt, taking territory and Taliban arms caches, and killing and capturing insurgent leaders ahead of the ''fighting season''.
With these successes, the Department of Defence and the government appear to have broadened their definition of progress.
''We are in places in Oruzgan we've never been before,'' Air Chief Marshal Houston, said yesterday.

Monday, May 23, 2011

Body found in car in Melbourne dam

Police this afternoon announced the death was not being treated as suspicious and officers were investigating a possible car accident after the discovery of a hatchback in a dam this morning.


Body found in a car thought to have been submerged in a dam for four months could be that of a missing Geelong man.

Farmers draining a dam on a Werribee South property found the car with the body inside on Monday morning.

Police are investigating whether the vehicle ended up in the water after an accident.

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They believe the dead man could be a 46-year-old from Corio who has been missing since January.

"The death is currently not being treated as suspicious and police are looking at a number of factors, including a possible vehicle collision," a police statement said.

Police have not named the person but in January they issued an appeal to help locate 46-year-old Ismet Toprak after he failed to turn up for work in Werribee South.

His wife last saw the father of four leaving his home in the Geelong suburb of Corio about 4.30am on January 12.

But he failed to arrive for work at a broccoli and cauliflower farm in Werribee South.

In January, police and relatives said it was extremely out of character for Mr Toprak, described as a hard worker and family oriented, not to be in contact with his family and friends.

Mr Toprak's brother Huseyin Toprak flew to Melbourne from Turkey to support the family, who migrated to southwestern Victoria in the late 1990s. Their extended family remains in Turkey.

Police at the time said Mr Ismet Toprak reportedly had been upset by his wife's long battle with cancer but remained committed to his family, and usually called his wife every half hour to check how she was.

It's understood the car was covered in algae, indicating it had been in the dam for some time, and that a section of barbed wire fence had been knocked down near the site.

Aussie man busted for drugs in Bali

DENPASAR, Indonesia, May 23, 2011 (AFP) - - Indonesian police on Monday said they had arrested an Australian man with a small amount of methamphetamine and two ecstasy pills on the resort island of Bali.

Ricky Shane Rawson, 49, of Melbourne, could face up to 20 years in jail if convicted of possession of illegal drugs, police said.

He was arrested Saturday at a villa in Seminyak, north of Kuta beach. Police said Rawson was in Bali on holiday.

"At this stage we suspect that he is only an addict, not a distributor," a police officer told reporters.

The chief of the drug squad in Denpasar, Ambariady, said Rawson was arrested on Saturday at a villa where he was staying in the upmarket area of Seminyak.

"He's an Australian citizen who was caught in an operation, called Operation Antique, and carried out by Denpasar police," he said.

He added that police were still investigating the source of the alleged drugs.

Police allege Rawson was caught with a small bag of methamphetamine and two ecstasy pills.

He is expected to be charged with drugs possession, which carries a penalty of between four and 20 years' jail.

Woman can use dead husband's sperm

Sydney woman has won her battle to be able to use her dead husband's frozen sperm to try to have their baby.
Justice Robert Allan Hulme ruled in the NSW Supreme Court that Jocelyn Edwards is entitled to possession of the sperm recovered from the body of her late husband, Mark Edwards.

"Although there is no direct evidence, the clear and only inference is that she desires to have a child with the aid of assisted reproductive treatment," the judge said.

Ms Edwards, 40, married her husband in 2005 and after she had not fallen pregnant, they discussed fertility treatment and assisted reproductive technology and attended a clinic in early August 2010.

The couple expressed a preference for IVF and were to return on August 6 for discussions and to sign consent forms to commence treatment.

"Tragically, at about 12.15pm on 5 August, Mr Edwards was fatally injured in a workplace accident," the judge said.

The next morning a judge made orders allowing the posthumous extraction of sperm from Mr Edwards and this has been held at a laboratory pending the court case

Sunday, May 22, 2011

Volcano ash may reach France, Spain

Eruption of Iceland's most active volcano is unlikely to cause a repeat of last year's major disruption to air traffic, an expert said, despite the island having to shut its main airport and maybe closing its airspace. The Grimsvotn volcano burst into life on Saturday in what experts said was a stronger eruption than its last outbreak in 2004. The plume from the volcano shot 20km into the sky, forming a huge, bubbling mass which seeped above the clouds high over the North Atlantic island.
Experts have said it will probably not cause the same kind of disruption as when Eyjafjallajokull erupted last April, grounding European airlines for days, as its eruptions tend to be smaller and the particles from it less likely to disperse so far into the atmosphere.

Authorities halted flights then due to fears that dust and ash would get into aircraft engines and cause accidents after the cloud was blown into European air traffic lanes.

Europe's air traffic control organisation said, "There is currently no impact on European or transatlantic flights and the situation is expected to remain so for the next 24 hours."

"Aircraft operators are constantly being informed of the evolving situation," the Brussels-based organisation said.

The Isavia civil aviation authority said it had decided to shut the island's main airport, which is about 30 miles from capital city Reykjavik.

"The ash distribution forecast over the next six hours shows that the ash from the volcano will spread over Iceland today, leading to the closure of most Icelandic airports as the day goes on," it said.

Isavia on Saturday imposed a flight ban of 120 nautical miles around the area. Grimsvotn lies under the Vatnajokull glacier in southeast Iceland, the largest glacier in Europe.

When it last erupted in 2004 transatlantic flights had to be re-routed south of Iceland, but no airports were closed.
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Icelandic volcano ash could enter UK airspace

Safety experts have warned that ash from an erupting Icelandic volcano that closed the country's airspace may blow across large swathes of western Europe, raising fears of new flight chaos.

Air safety officials said ash from the Grimsvotn eruption may reach north Scotland by Tuesday before sweeping across Britain to hit France and Spain two days later, as experts said the impact should not be as far-reaching as 2010 when a similar event caused widespread flight cancellations.

Ash deposits were sprinkled over the capital Reykjavik on Sunday, some 400 kilometres to the west of the volcano which spewed a cloud about 20 kilometres into the sky.

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Residents living near to Grimsvotn said the skies had turned black in an eerie echo of last year's eruption of the smaller Eyjafjoell volcano which led to the biggest global airspace shutdown since World War II.

"It's just black outside, and you can hardly tell it is supposed to be bright daylight," Bjorgvin Hardarsson, a farmer at Hunbakkar Farm in the nearby village of Kirkjubaejarklaustur said by phone.

"It's been very dark. You'd think it was night," agreed Vilhelm Tunnarsson, a photographer for local Icelandic media staying at a nearby hotel, adding at times he had been unable to see 30 centimetres in front of him.

At the moment if the volcano continues to erupt to the same level it has been, and is now, the UK could be at risk of seeing volcanic ash later this week," said Helen Chivers, Met Office spokeswoman. "Quite when and how much we can't really define at the moment."

Chivers said the weather situation is set to be different to last year, with the wind direction set to change continuously.

She added: "If it moves in the way that we're currently looking, with the eruption continuing the way it is, then if the UK is at risk later this week, then France and Spain could be as well."

While the ash has grounded aircraft in Iceland, it is not anticipated that it will have a similar impact in the rest of Europe.

Dr Dave McGarvie, volcanologist at the Open University, said that the amount of ash reaching the UK "is likely to be less than in the 2010 Eyjafjallajökull eruption", and said the last two times Grimsvotn erupted it did not affect UK air travel.

"In addition, the experience gained from the 2010 eruption, especially by the Met Office, the airline industry, and the engine manufacturers, should mean less disruption to travellers."

The April eruption of the Eyjafjallajökull volcano, in south-east Iceland, caused the worst disruption to international air travel since 9/11. Flights across Europe were cancelled for six-days stranding tens of thousands of people and was estimated to have cost airlines £130m a day.

Eurocontrol, the Europe-wide air traffic control network, said in a statement: "There is currently no impact on European or transatlantic flights and the situation is expected to remain so for the next 24 hours. Aircraft operators are constantly being kept informed of the evolving situation.