Category: Asia Pacific

  • MIL-OSI Australia: Minister Rishworth Melbourne press conference

    Source: Ministers for Social Services

    E&OE TRANSCRIPT

    Topics: PLACE announcement; support for disadvantaged communities; support for First Nations communities; flight upgrades; Wednesday’s inflation data.

    AMANDA RISHWORTH, MINISTER FOR SOCIAL SERVICES: I’m really pleased to be here at the Carlton Learning Precinct with the Treasurer Jim Chalmers, Professor Kristy Muir from the Paul Ramsey Foundation, and the interim CEO of PLACE, Luke Craven.

    Today, we’re announcing a really exciting announcement. A partnership between philanthropy, Government and the community that how we expand the great place-based work that’s happening right around the country. Place-based work is work that communities lead to drive change in their local community supported by non-Government organisations, Government organisations and philanthropy.

    But we know that many communities do want support. They want to share ideas. They want to be part of something bigger, and that’s what PLACE is all about. A national organisation that is a partnership between philanthropy and government to disseminate those good ideas, to support communities, to work with communities to actually drive local change.

    Now one of the really important parts of this new body is that it will have a community council. Local people driving change within place, making sure it constantly stays centred on community. This is really exciting. We already know that place-based change is delivering outcomes in community, particularly in communities where they’ve identified areas of disadvantage. It is actually driving change.

    But this PLACE, this new organisation, will drive change right around the country. I would like to really thank the philanthropic partners for being part of this. This is a new era of working together, and I’m really excited to be part of it. So I will now introduce our Treasurer, Jim Chalmers.

    JIM CHALMERS, TREASURER: Thanks very much, Amanda.

    Before I touch on some other points about this announcement today, can I just say this. Our hearts break today for the little soul lost at Auburn South Primary School. Our hearts go out to the loved ones of that little boy, to his friends, his teachers and the staff at that school. It is unimaginably sad to think that a little boy went to school and didn’t come home. Our hearts break for the family and for everyone who knew him, and we know that it’s a very sad day in the eastern suburbs of Melbourne today, and indeed, for anyone who hears about this right around the country.

    Today, we’re here with the Minister, with Kristy and with Luke to make a really important announcement. This is all about the Albanese Labor government’s belief in a place-based change that these philanthropic organisations are helping to achieve in Australia. For all of us who want to make this country fairer, more inclusive, change can be overwhelming, and it helps to begin in the communities where we can make the biggest difference.

    What we’re doing here is we’re making sure that we take best practice when it comes to place based change, and that we’re empowering local leaders to make a difference in their own communities. Not instead of the national programs that Amanda runs in her portfolio, and that our Government funds and supports, but in addition to that effort as well.

    We don’t want to see disadvantage concentrate in communities and cascade through generations, and we’re doing something about it. We’re not going alone when it comes to this important work. We’re working very closely with philanthropic organisations and Governments at all levels and local communities to try to see the change that we want so that that disadvantage doesn’t concentrate and cascade through the generations.

    For many of us, this is our reason for being, to make sure that this country is its best version of itself. We recognise that there’s not just some switch that you can flick to eliminate disadvantage in our country, you need to begin where we can make the most difference, and that’s what we’re doing.

    What we hope is by demonstrating our support for and our commitment to place-based change, we want to make this the norm, not novel when it comes to national Governments in Australia.

    We are big, big believers in the work of place-based organisations. We are big supporters financially and in other ways as well. We’re very proud to be here today to make this important announcement. We’re now going to hear a bit more about it from Kristy. 

    PROFESSOR KRISTY MUIR, CEO, PAUL RAMSAY FOUNDATION: Thank you. We all want kids, family and communities to thrive across Australia, and we know at the moment, not all of those kids, families and communities are.

    The one thing we know about social change is that no one organisation, no one group, can do this work alone. We have incredible people groups, organisations doing amazing work to strengthen communities.

    This new not-for-profit, PLACE, is all about creating a community of communities. It’s about providing those people and places doing incredible work in their communities, the kind of resources and supports they need to do that better, no matter where they’re based.

    On behalf of the philanthropic funders, I’m really proud to be supporting the initiative of PLACE. And it’s a testament to the Federal Government that we are partnering between government, philanthropy and communities to create the kind of change we all want to see.

    JOURNALIST: Minister Rishworth, you talked about tackling disadvantage and driving positive change, and the Treasurer says disadvantage should be a multi-generational issue. What priorities are front of mind for First Nations people?

    AMANDA RISHWORTH: When you speak with First Nations communities, what you hear from local leaders is they often know what is needed in their community.

    We often hear from First Nations leaders that the supports and programs they want in place should be informed by them themselves, and what PLACE will support those communities to do is to ensure that they can design those programs, they can attract funding, they can work with Government to deliver.

    PLACE is all about empowering communities in their decision making and in their shared decision making with Government, which is exactly what Indigenous communities have been calling out for. We do work that way in some places through the Empowered Communities Program, but this has taken the opportunity of place-based work right across the country to any community that would like to work this way.

    JOURNALIST: [Inaudible – question about upgrade declarations]

    JIM CHALMERS: As I’ve made it clear in our declarations that we make to the Parliament, there is an upgrade for me from about six years ago and another one from about ten years ago, and there’s some additional family upgrades from around the same time period. Those have been disclosed in the usual way.

    I might just take the opportunity to preview some inflation numbers that we’re getting out later this morning. We’ll see what those numbers say at 11:30.

    It’s really clear already that the Albanese Labor Government is making substantial progress in the fight against inflation. When we came to office, inflation was higher and rising. It had a six in front of it. We’ll get new numbers today, which whether they’re in the low threes or in the high twos, will show that inflation has halved under this government.

    Now we know that people are still doing it tough, but we’re making welcome and encouraging and substantial progress in the fight against inflation and economists expect that to be demonstrated in the numbers that we get later this morning. I look forward to talking with you about it.

    Thanks very much.

    MIL OSI News

  • MIL-OSI Australia: Reducing aircraft noise over Brisbane

    Source: Airservices Australia

    Aircraft noise is set to reduce for Brisbane communities with upcoming changes to increase the use of Simultaneous Opposite Direction Parallel Runway Operations (SODPROPS) at Brisbane Airport from 28 November 2024.

    SODPROPS is a runway mode that enables aircraft to arrive and depart Brisbane Airport over Moreton Bay. With these changes, SODPROPS will become the priority operating mode when traffic and weather conditions allow, resulting in increased use on weekends, and on weekday evenings from 9pm.

    Airservices Head of Community Engagement, Donna Marshall, said aircraft on the departure flight paths used during SODPROPS will remain over water for longer and will be higher before they cross the coastline, resulting in lower noise levels for communities.

    “The flight path changes being delivered are part of the measures outlined in Airservices Noise Action Plan for Brisbane and consistent with the Ministerial Direction issued to Airservices in September. They will support an increase in SODPROPS use from the current 2% of all operations to around 5% in 2025,” Ms Marshall said.

    This will mean for every flight using this procedure, there will be a reduction of the total population overflown by between 300,000 to 500,000 people compared to standard parallel runway operations.

    “The changes are a result of extensive consultation with the people of Brisbane and respond to Redlands community concerns about aircraft noise impacts.

    “Under these changes the height of aircraft operations over the Redlands area will increase from 8,000ft to above 12,000ft to reduce the noise impact.

    “To facilitate this change, we also need to make some minor adjustments to the arrival flight paths over North Stradbroke Island that are used during SODPROPS.

    “While this involves lowering the paths so aircraft remain separated from daytime arrivals to Gold Coast Airport, we do not believe this will be noticeable to communities but a noise monitor will be installed on North Stradbroke Island so we can monitor these operations.”

    For more information on the Brisbane flight path changes go to: https://engage.airservicesaustralia.com/nap4b/news_feed/november-2024-changes

    ENDS

    For more information please contact Airservices Australia:
    Phone 1300 619 341 or email media@airservicesaustralia.com

    About Airservices
    Airservices Australia is the Federal Government-owned organisation responsible for the safety of 11 per cent of the world’s airspace and the provision of aviation rescue fire fighting services at Australia’s busiest airports. We work closely with our customers and industry to support the long-term growth of the aviation industry and are investing in technologies to position Australia at the forefront of innovation in the global aviation industry.

    MIL OSI News

  • MIL-OSI Asia-Pac: FS leads Hong Kong delegation to Future Investment Initiative (with photos/video)

    Source: Hong Kong Government special administrative region

    FS leads Hong Kong delegation to Future Investment Initiative (with photos/video)
    FS leads Hong Kong delegation to Future Investment Initiative (with photos/video)
    *********************************************************************************

         ​The Financial Secretary, Mr Paul Chan yesterday (October 29, Riyadh time) led a delegation from the financial and innovation sectors on a visit to Riyadh, Saudi Arabia.     Mr Chan, along with the delegation, attended the first day of the 8th edition of the Future Investment Initiative (FII). He was one of the speakers in the panel discussion titled “Is the Global South Now the Engine of Growth?”. This session focused on how the Global South could promote economic innovation, build resilience, and maintain growth while addressing the complexities of the international environment and the challenges of climate change.     During the discussion, Mr Chan stated that as an international financial centre, Hong Kong is actively promoting the development of green finance and green technology. He emphasised that Hong Kong could provide capital support for infrastructure and green projects in the Global South and guide funding to new projects through innovative financial products, such as securitised loans.     In response to a question, Mr Chan noted that a number of countries in the Global South are considering how to manage risks related to their trade and reserve currencies. Some are increasingly using their own currencies more for settlements. He mentioned that Hong Kong is collaborating with multiple central banks to launch the Project mBridge, aiming for faster, more cost effective, and more secure cross-border payments and settlements. He also pointed out that digitalisation and green transformation will be significant trends for the future development of the Global South, and investing in suitable projects in these areas will yield long-term returns. Furthermore, the development of fintech will help make financial services more accessible and inclusive, facilitating leapfrog development for developing countries. Hong Kong can contribute to the Global South in these areas.     During the FII, Mr Chan witnessed, together with the Minister of Investment of Saudi Arabia, Mr Khalid Al-Falih, the signing of a strategic cooperation agreement between the Hong Kong Science and Technology Parks Corporation and Beta Lab, a venture capital firm focused on deep technology in Saudi Arabia. Both parties will share resources, recommend startups to each other, facilitate connections within their startup networks, and jointly engage in market promotion and events.     A number of delegation members also spoke at various sessions of the FII, promoting Hong Kong’s unique advantages as a “super connector” and “super value-adder,” and how it can connect the Mainland and global capital markets and investors in multiple ways.     In the evening, Mr Chan and the delegation members attended a reception hosted by the Cathay Pacific; as well as a reception organised by the Hang Seng Investment Management to celebrate the upcoming listing of its exchange-traded fund.     Mr Chan will continue his visit in Riyadh today (October 30, Riyadh time).

     
    Ends/Wednesday, October 30, 2024Issued at HKT 9:00

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Australia: Free eSmart program helping young Australians stay safe online

    Source: Australian Ministers 1

    Primary schools across the country can now access a free media and digital literacy program funded by the Albanese Government.  
     
    Developed by the Alannah & Madeline Foundation, the eSmart Digital Licence+ for primary schools is now available nationwide.
     
    This educator-led program helps young learners aged 4 to 9 years to achieve their digital licence.

    In doing so, they learn how to navigate the online world safely, responsibly, and respectfully through animated videos and hands-on activities.

    Designed in collaboration with educators and close to 1,000 school children, the program is adaptable to diverse learning needs and can be delivered in classrooms with, or without, technology.

    The new tool builds on the eSmart Digital Licence+ program already available for students aged 10 to 14 years, and the Media Literacy Lab for high school students aged 12 to 16 years.
     
    The Albanese Government invested $6 million to ensure the digital literacy tools would be freely available for all schools across Australia.
     
    In the digital age, young people learn, explore and connect online. Digital literacy skills help young people to have safer experiences online, enabling them to become respectful and resilient digital citizens, with education and learning a key part of achieving this goal.  
     
    Teachers and schools interested in accessing eSmart can contact the Alannah & Madeline Foundation on 1300 720 747 or visit: www.esmart.org.au
     
    Quotes attributable to Minister for Communications, the Hon Michelle Rowland MP:

    “By empowering children as young as 4 years-old with the skills they need to navigate the challenges of the digital world, we are building a young generation of Australians who will be better equipped to engage safely online. 
     
    “The eSmart Digital Licence+ is empowering school students to think critically, create responsibly, and navigate the online world in a safer and more responsible way.
     
    “Australian children have long been getting a pen licence at school as they learn to write – this is the pen licence for the online world.
     
    “I encourage schools to reach out to the Alannah &Madeline Foundation to take advantage of these helpful resources.”

    MIL OSI News

  • MIL-OSI Economics: Impact of Climate Risk on Fiscal Space: Do Political Stability and Financial Development Matter?

    Source: Asia Development Bank

    The findings highlight the impact on economies most vulnerable to climate change. The results suggest that factors such as political stability and financial development have the potential to alleviate these effects. It reveals that the influence of climate risk on fiscal capacity is more significant in situations of limited fiscal space. Implementing fiscal consolidation emerges as a crucial factor in mitigating the negative impact of climate risks on fiscal capacity, with political stability and financial development also playing pivotal roles.

    MIL OSI Economics

  • MIL-OSI USA: Governor Hochul Attends Nava Diwali Festival

    Source: US State of New York

    Earlier today, Governor Hochul delivered remarks and attended the Nava Diwali Festival to honor and celebrate Diwali, the largest holiday that takes place across South Asia and Indo-Caribbean communities each year in the fall.

    VIDEO: The event is available to stream on YouTube here and TV quality video is available here (h.264, mp4).

    AUDIO: The Governor’s remarks are available in audio form here.

    PHOTOS: The Governor’s Flickr page will post photos of the event here

    A rush transcript of the Governor’s remarks is available below:

    Thank you, Mr. President. It’s always great to be back here celebrating this most beautiful of holidays. I want to thank Melinda Katz for being one of the hosts every year, inviting us and all of the elected officials, my partners in government. But this is about the community. This is about the community coming together at a time when it seems like we’re so divided, that the politics is so ugly and people are not feeling united in one cause.

    This candle lighting reminds us that we are together in this journey. That light will always prevail over darkness. And goodness over evil. And if we keep those values in mind, we will persevere and prevail over all the negativity that seems to permeate our politics and our society today. So, let us leave here refreshed and renewed in the belief that lightness – light will prevail, and goodness will prevail over evil.

    Those are such important values to all of us in this wonderful community. I thank all of you for the honor of being your Governor. Thank you everyone. Thank you to all of our elected officials as well.

    MIL OSI USA News

  • MIL-OSI Australia: MEDIA RELEASE: Labor appointees are Fair Work favourites

    Source: Australian Mines and Metals Association – AMMA

    Six new Federal Labor Government-appointed presidential members have determined almost 70 per cent of major Fair Work Commission cases this year, according to AREEA Chief Executive Steve Knott.

    Mr Knott will describe the development as “stunning” in a speech to the H.R. Nicholls Society National Conference in Melbourne today.

    “During March and May 2023, and in May 2024, then-IR Minister Tony Burke appointed one new Vice President and five new Deputy Presidents (to the FWC),” Mr Knott will say.

    “In 2024, to date, these six new presidential members have presided over nearly 70 per cent of all Full Bench matters heard.

    “One of these DPs, a former union barrister and National Legal Officer for the CFMEU Mining and Energy Division, has sat on the bench for 56 per cent of all Full Bench matters and presided as the senior member over 38 per cent of them.

    “Just to hone this point – nearly 40 per cent of all the FWC’s most important matters were led by a Deputy President who’s been at the tribunal since May 2023.”

    The Fair Work Commission is the nation’s workplace tribunal, with appeals of decisions among the significant matters that must be heard by a Full Bench consisting of three Commission members, including at least one who is either the President, a Vice President or a Deputy President.

    Of 53 FWC members – seven more than when Labor left office in 2013 – 28 are ALP-appointees with 25 appointed by the previous Coalition government.

    Mr Knott says under Justice Adam Hatcher (who became president on February 19, 2023), the FWC appears to be “performing administratively quite well in its role as a service provider to users of the employment system”.

    “Agreement approvals are much faster, there appears to be less head-scratching single member decisions that immediately head to appeal, and the tribunal is being very transparent and as efficient as it can in implementing all its new jurisdictions and powers,” Mr Knott says.

    However, in his speech Mr Knott will reveal AREEA analysis of all Full Bench matters from January 1 to October 18 this year, showing “alarming trends” in the composition of the bench.

    Of the 358 Full Bench decisions assessed over the period:

    • 318 (89 per cent) were ALP-appointee majority benches
    • Just 40 (11 per cent) were Coalition-appointee majority benches

    Mr Knott says the facts point to a continued politicisation of the nation’s IR tribunal at its apex, an issue that commenced under its former President and that AREEA regularly brought to attention.

    “Since the end of the Rudd/Gillard era in 2013, ALP appointees have dominated FWC appeal matters, even when Coalition appointees were in the majority,” he says.

    “Make no mistake, the sidelining of Coalition appointees in important FWC proceedings has been strategic and subject to much chatter amongst IR professionals.

    “The handpicked generation of new FWC Presidential members is designed to ensure this ALP-appointed FWC control at the top of the institution continues well beyond usual political cycles.”

    Mr Knott will also use his speech as a call to arms to business to build a case for IR reform – and not just leave it to the Coalition.

    “We in the business community can and should collectively campaign as hard as possible to pressure future governments to do what needs to be done to the IR framework,” he says.

    “This should be …promoting the merits of a whole new IR system – one focused on simplicity and promoting the direct employer-employee relationship; winding back unwarranted union interference and the influence of tribunal members with limited business experience.”

    Mr Knott will call for modern awards to be abolished and replaced with a standard safety net for employees, a far less complex enterprise bargaining system and a winding back of union interference in workplaces.

    He says businesses are “drowning in employment red tape and regulatory burden”.

    Highlighting how the Howard-era IR reforms produced more than 10 times the real wages growth of the Accord era of the Hawke/Keating Governments, Mr Knott says “we must always bring it back to the opportunity cost”.

    “The community at large must be convinced that by making it easier and less costly to employ people, more people will be employed and costs that are saved via less regulatory burden will ultimately be shared by all via higher wages and a more productive economy,”  Mr Knott says.

    Read the full speech here.

    MIL OSI News

  • MIL-OSI Australia: SPEECH – AREEA CEO Steve Knott: Business must build a case for IR reform

    Source: Australian Mines and Metals Association – AMMA

    In this speech to the H.R. Nicholls Society 2024 Annual Conference, AREEA CEO Steve Knott issues a call-to-arms to the business community to build a case for IR reform – and not just leave it to the Coalition.

    Mr Knott says this should include “promoting the merits of a whole new IR system – one focused on simplicity and promoting the direct employer-employee relationship; (and) winding back unwarranted union interference and the influence of (Fair Work Commission) tribunal members with limited business experience.”

    MIL OSI News

  • MIL-OSI New Zealand: South Sudan

    Source: New Zealand Ministry of Foreign Affairs and Trade – Safe Travel

    • Reviewed: 30 October 2024, 14:28 NZDT
    • Still current at: 30 October 2024

    Related news features

    If you are planning international travel at this time, please read our COVID-19 related travel advice here, alongside our destination specific travel advice below.

    Do not travel to South Sudan due to ongoing armed conflict, inter-ethnic violence and violent crime (level 4 of 4).

    New Zealanders currently in South Sudan are advised to depart as soon as it is safe to do so.

    South Sudan

    Armed Conflict/Civil Unrest
    Pockets of armed conflict between government and various opposition forces remain and the security situation in Juba has the potential to deteriorate with little or no warning. Land routes into and out of South Sudan may be blocked and flights may be cancelled at short notice. The political and security situation throughout South Sudan remains volatile.

    Inter-ethnic violence and cattle raiding continues to occur throughout the country, with significant loss of life. There is a complete absence of rule of law outside of the capital Juba and even in Juba, the capacity of the authorities to uphold law and order is very limited.

    Areas within 40 kilometres of South Sudan’s northern border with Sudan are also particularly dangerous and vulnerable to armed incursions and violence.  Parts of the border remain disputed and military forces are deployed in these areas.

    The border areas with South Sudan’s other neighbouring countries, including Ethiopia, the Democratic Republic of the Congo, Kenya, the Central African Republic, and Uganda are extremely dangerous due to armed conflict, military activity and other violence. There are regular reports of attacks by armed groups on vehicles travelling on the main road connecting Juba to Uganda (Jiba-Niomule road).

    We recommend you avoid all protests, demonstrations and large public gatherings in South Sudan as they have the potential to turn violent with little warning. Monitor local and international media, review personal security plans and be aware of your surroundings.

    Violent Crime
    Violent crime, including kidnapping, murder, armed robbery, home invasions, car-jacking, and sexual assault is a significant problem throughout South Sudan, both in urban and rural areas. The economic situation has led to a significant increase in both petty and violent crime. Criminals are often armed as weapons are readily accessible.

    The government has limited capacity to deter crime and maintain law and order throughout South Sudan. Banditry and lawlessness is an issue in rural areas. Humanitarian workers have been the targets of killings and violence in the past.

    New Zealanders in South Sudan should exercise a very high degree of personal security awareness at all times. No resistance should be given if you are the victim of an armed robbery or carjacking as this could lead to an escalation in violence. For security reasons we recommend against travelling alone, at night, or to isolated areas.

    Petty crime, such as bag snatching and pickpocketing, also occurs and is often accompanied by violence. We advise New Zealanders to be alert to their surroundings at all times and take steps to safeguard and secure their personal belongings. 

    Road Travel
    We strongly advise against using public transport due to safety concerns.

    If travelling by road, car doors should be locked and windows up.

    Official checkpoints are frequently set up by security forces and have been known to become hostile or violent. Individuals staffing checkpoints have been known to solicit bribes. Criminals who pose as police officers have also set up roadblocks. At checkpoints, remain in your vehicle and produce requested documents through a raised window. We recommend carrying colour photocopies of your passport and identity documents and producing these when requested, not the originals.

    Landmines
    There is a risk from landmines, which are reportedly present throughout South Sudan, including in Juba. We advise you not to stray off well-used public roads and paths.

    General Travel Advice
    As there is no New Zealand diplomatic presence in South Sudan, the ability of the government to assist New Zealand citizens is severely limited. We offer advice to New Zealanders about contingency planning that travellers to South Sudan should consider.

    We advise New Zealanders in South Sudan to be vigilant and take appropriate precautions to ensure their safety, including by seeking professional security advice. You should have a contingency plan in place for departure, monitor developments closely through the media and other local information sources. As a precautionary measure, we recommend ensuring adequate supplies of food, water, fuel, cash and essential medications are always on hand and travel documents are kept up to date.

    New Zealanders travelling or living in South Sudan should have a comprehensive travel insurance policy in place that includes provision for medical evacuation by air.  You should check that your travel insurance policy covers travel to South Sudan – exclusions may well apply. Only very limited medical facilities are available in South Sudan. 

    The rainy season typically runs from April to November, during which flooding often occurs. Flooding impacts transport and communications infrastructure, as well as lead to shortages of drinking water and food. Severe flooding has led to displacement, property damage and loss of life.

    Penalties for possession, use or trafficking of illegal drugs are severe and can include the death penalty.

    New Zealanders are advised to respect religious, social and cultural traditions in South Sudan to avoid offending local sensitivities. Modesty and discretion is recommended for both dress and behaviour.

    Photography, including from a mobile phone, without a permit from the Ministry of Information in South Sudan is illegal. Taking photographs without a permit will immediately attract suspicion, and could lead to detention. Even with a permit, it is illegal to take photos of airfields, military installations or personal, government buildings and infrastructure.

    New Zealanders who decide to live or travel in South Sudan against our advice are strongly encouraged to register their details with the Ministry of Foreign Affairs and Trade.

     

    Travel tips

    See our regional advice for Africa

    MIL OSI New Zealand News

  • MIL-OSI NGOs: Japan: Momentum for marriage equality grows with Tokyo High Court ruling

    Source: Amnesty International –

    In response to today’s Tokyo High Court ruling recognizing the unconstitutionality of Japan’s ban on same-sex marriage, Amnesty International’s East Asia Researcher Boram Jang said:

    “This decision marks a critical step towards marriage equality in Japan and offers renewed hope to same-sex couples across the country.

    “This case is also a reminder of the lengthy and fragmented legal battles couples must endure to exercise rights to equality that should already be protected. It is an injustice that weighs heavily on their lives.

    “The Japanese government must take action to legalize same-sex marriage across the country. It is time to introduce national legislation that brings marriage equality to everyone in Japan, rather than relying on inconsistent and inadequate responses at the local government level. All couples, no matter their gender or sexual orientation, deserve the same legal rights, protections, and the dignity that comes with recognition under the law.”

    MIL OSI NGO

  • MIL-OSI China: China renews anti-dumping duties on imported ethanolamines

    Source: China State Council Information Office

    China’s Ministry of Commerce (MOC) on Tuesday announced its decision to renew anti-dumping duties on ethanolamines imported from the United States, Saudi Arabia, Malaysia, and Thailand.

    The duties were initially introduced in 2018 for a period of five years as such imports had caused substantial damage to China’s domestic industry.

    Following the end of the term last year, the MOC launched investigations to review the anti-dumping at the request of the domestic industry.

    The MOC said in a ruling that if the duties were terminated, the dumping practice and related damage would likely continue or reoccur.

    The duties will be levied for another five years starting Wednesday.

    MIL OSI China News

  • MIL-OSI China: ARJ21 jetliner completes its longest commercial route flight

    Source: China State Council Information Office

    An ARJ21 jetliner is pictured at Wuhan Tianhe International Airport in Wuhan, central China’s Hubei Province, Oct. 25, 2024. [Photo/Xinhua]

    China’s homegrown regional jetliner, the ARJ21, successfully completed its longest commercial route flight Tuesday, landing in the southern Chinese city of Guangzhou from Manado, Indonesia.

    According to the Commercial Aircraft Corporation of China, Ltd. (COMAC), this is also the first China-bound international flight operated by an overseas airline using the Chinese aircraft.

    Starting from the end of November, there will be a daily round trip between the two cities, up from three round trips per week in the initial stage, all operated by TransNusa of Indonesia using the ARJ21 aircraft.

    TransNusa has received three ARJ21 aircraft from COMAC since December 2022 and opened eight routes with ARJ21.

    MIL OSI China News

  • MIL-OSI China: China, Myanmar mark 10 years of biodiversity conservation partnership

    Source: China State Council Information Office

    China and Myanmar celebrated a decade of collaboration in biodiversity conservation and sustainable development at a ceremony held in Nay Pyi Taw on Tuesday.

    The event highlighted a decade of commitment, collaboration and collective actions of China and Myanmar towards biodiversity conservation and sustainable development.

    Deputy Minister for Myanmar’s Ministry of Natural Resources and Environmental Conservation U Min Thu expressed gratitude to the Chinese Academy of Sciences for its financial and technical support to Myanmar for biodiversity conservation and cooperation research.

    He noted that the decade of Myanmar-China cooperation has provided valuable opportunities and experiences for mutual learning in biodiversity conservation.

    Minister Counselor of the Chinese Embassy in Myanmar Zheng Zhihong said that over the past 10 years, China-Myanmar cooperation on biodiversity conservation and sustainable development has achieved fruitful results. China and Myanmar have established the Southeast Asia Biodiversity Research Institute, carried out nine large-scale joint scientific expeditions, collected and recorded tens of thousands of species, and published more than 100 papers.

    Relying on the Southeast Asia Biodiversity Research Institute, the two sides have helped Myanmar cultivate scientific research talent, and contributed to Myanmar’s economic development and people’s livelihood, he added.

    By building on the solid foundation of the past decade, the two countries will further strengthen cooperation in biodiversity conservation and sustainable development, making greater contributions to the sustainable development of the two countries, especially Myanmar, the minister counselor said.

    Gong Haihua, director of the Division of Asian and African Affairs, the International Cooperation Bureau of the Chinese Academy of Sciences, said that in the past years, the two sides witnessed successful cooperation in many areas, and she expressed hope that more fruitful cooperation will be carried out in the future.

    About 100 participants, including officials and researchers from the two countries, attended the event. 

    MIL OSI China News

  • MIL-OSI China: ‘Venom’ boosts Chinese box office as hopes rise for sustained market heat

    Source: China State Council Information Office 3

    “I never thought Venom was anything more than a villain, but this film moved me to tears,” one Weibo user remarked, reflecting on the unexpectedly strong response to “Venom: The Last Dance.”

    The latest installment in Sony’s “Venom” franchise debuted in China on Oct. 23, striking an emotional chord with local audiences. Maroon 5’s “Memories” scored the film’s reflective moments, adding to its impact on moviegoers.

    Opening during what is typically a quiet period for China’s box office — between the National Day holiday in early October and the end-of-year moviegoing period, which begins in late November — “Venom: The Last Dance” defied seasonal expectations and drove total box office revenue for Oct. 21-27 to 620 million yuan (about 87 million U.S. dollars). According to ticketing platform Maoyan, “Venom: The Last Dance” alone raked in 326 million yuan over the course of the week, more than 50 percent of the overall figure.

    Maoyan projects the film to end its China box office run with over 580 million yuan in earnings.

    Sony Pictures took to Chinese social media to celebrate the film’s success, highlighting its impressive five-day run at the top of China’s daily box office — a rare feat for Hollywood releases in recent years.

    While the influence of Hollywood films has generally waned in China compared to a decade ago, the success of “Venom” suggests certain U.S. franchise titles can still capture a diverse range of viewers.

    This can also be seen in the mixed reception other recent Hollywood releases have received in China. “Joker: Folie à Deux,” which premiered on Oct. 16, hasn’t matched the box office impact of its 2019 predecessor but has nevertheless found an audience in fans of more complex narratives. While some viewers have found the sequel’s introspective tone to be a departure from the first installment, others have lauded it as a bold, deconstructed take on the Joker mythos.

    The real test now is whether “Venom” can sustain its momentum through the schedule of upcoming releases.

    Dong Wenxin, a film critic and cinema manager, has noted the surprising strength of the post-holiday period, which is often considered a cold season for the box office. “Is this truly a cold season?” Dong asked, noting that strong releases can keep theaters busy even in typically quiet months.

    She expressed hope that “Cesium Fallout,” a disaster film starring Hong Kong veteran actor Andy Lau and set for release on Nov. 1, could be a candidate to sustain the market heat following “Venom.”

    Hollywood’s broader performance in China this year has been mixed, with “Godzilla x Kong: The New Empire” and “Alien: Romulus” currently standing as the only two U.S. films in the annual top 12, grossing close to 960 million and 790 million yuan, respectively.

    Industry watchers are now setting their sights on the end-of-year moviegoing period, which begins on Nov. 22, with Dwayne Johnson’s “Red One” scheduled to arrive in theaters on Nov. 8.

    Johnson’s name recognition in China, cemented by his role in the “Fast & Furious” film series, has generated widespread anticipation for “Red One.” “Fast & Furious Presents: Hobbs & Shaw,” the last installment in the blockbuster franchise to feature the U.S. actor, earned 1.4 billion yuan in China in 2019.

    Despite no longer being a guaranteed box office draw, Hollywood titles still provide the variety that keeps China’s theatrical landscape dynamic. As 2024 enters its final quarter, industry insiders are cautiously optimistic that a well-curated slate can maintain momentum, offering a promising close to the year.

    To date, China’s 2024 box office has totaled 38.3 billion yuan — a 22 percent drop from the same period last year, underscoring the high stakes for Hollywood and domestic releases alike in the months ahead. 

    MIL OSI China News

  • MIL-OSI New Zealand: Whakamaru Opening

    Source: New Zealand Governor General

    E nga mana, e nga reo, e nga iwi o te motu e huihui nei, tēnei aku mihi nui ki a koutou. Kia ora tātou katoa.

    I specifically acknowledge:

    • The Honourable Nicola Willis
      • The Most Reverend Justin Duckworth
      • Laurie Foon (Deputy Mayor)
      • John Maurice and Darryl Gardiner (the WCM Board)
      • Nick Clayton (from Naylor Love)
      • Kura Moeahu
      • Murray Edridge, and his team at the Wellington City Mission

    Thank you, Murray for inviting Richard and me to be part of this wonderful occasion.

    I wish to begin by referring to a speech by former Governor-General, Sir Paul Reeves, in which he quotes the great New Zealand writer Maurice Shadbolt: ‘If we accept what we are, we make no arrangement for what we might be.’

    It seems to me that this ethos has long driven the work of Wellington City Mission.

    For 120 years, generations of City Missioners, staff and volunteers have not accepted the presence of homelessness, poverty, and social isolation in our city – and have worked tirelessly to help individuals become what they might be.

    Whakamaru takes this mahi to a completely new level. This beautiful building has been conceived and built with such profound care and thought for the needs of the people who will use it: whānau, manuhiri, staff and members of the community.

    Sir Paul’s reflections on the nature of compassion could easily be applied to the work of the City Mission. He said: ‘Compassion is about relieving the pain of others. Compassion leads to feeding, clothing, sheltering, educating, comforting and so on. There is nothing sentimental about compassion.’

    Here, at Whakamaru, we see compassion, or manaakitanga, expressed in deeply practical ways: by providing somewhere to shower, to launder clothes, to sleep, and get food and medical treatment. And we also see manaakitanga in its sense of upholding mana and human dignity through the expression of respect, solace and wise counsel.

    I am sure Whakamaru will become a model for the delivery of social services, and will inspire similar projects elsewhere – in Aotearoa and beyond our shores.

    One thing I know they will not share with Whakamaru is views of Government House’s gardens. My daily walks with my little dogs take me down to a grove just over your back fence, and I have been able to keep an eagle eye on the progress of this build. I have been very keen to see what it looks like from the inside, and having now seen this beautiful space, I am looking forward to seeing more of this very special building.

    Congratulations, Murray, for getting this ambitious, one might even say ‘revolutionary’ project off the ground. It’s a tribute to your belief, confidence, and drive – as well as some highly innovative fund-raising approaches.

    Speaking of which, I am deeply grateful that you did not approach me or Richard to follow the example of Sir Ashley Bloomfield and abseil up the side of a building to sign your trust deed.

    What I can do is acknowledge and thank everyone involved in bringing this project to fruition – funders, supporters, architects, all those involved in its construction, Te Atiawa, Ngati Toa, staff and volunteers.

    I know I speak for Richard and me, and for the staff at Government House, when I say how proud we are to be your close neighbours. We won’t be strangers, and will take up your invitation to be part of this intentional community – and to contribute where we can – including turning up for the occasional karaoke evening.

    Kia ora huihui tātou katoa

    MIL OSI New Zealand News

  • MIL-OSI Security: Remarks by Deputy Secretary of Defense Kathleen H. Hicks at the 2024 Microelectronics Commons Annual Meeting (As Delivered)

    Source: United States INDO PACIFIC COMMAND

    Good morning, everybody. Thank you, Dr. [Dev] Shenoy, first, for the introduction, and thanks to all of you in the defense research and engineering enterprise, for what you do every day to lead us.

    It’s a privilege to be with all of you for this second annual meeting of the Microelectronics Commons. And it’s remarkable to see how much this community has flourished in just the past year.

    Now, I won’t bother preaching to this choir about why semiconductors matter. Whether you found religion lately or long ago, you’re all here because you get it.

    Yet even people who can fully grasp how chips enable our phones, fridges, cars, and so much of what’s essential to modern life — even scientists and technologists who are steeped in the intricacies of how they’re made — even they may not always consider why chips might be so important to the U.S. Department of Defense.

    But over at the Pentagon, we think about that all the time. Because microelectronics are fundamental to the operation of virtually every military system: ships, planes, tanks, long-range munitions, communication gear, satellites, sensors, and more.

    Every day, from the Indo-Pacific to the North Atlantic to the Middle East and beyond — from the ocean floor to outer space to cyberspace — as American warfighters stand the watch, they depend on chips to help them defend our country, our allies and partners, and our interests.

    Microelectronics are at the heart of practically everything you can imagine U.S. troops using. Radios. Radar. Night-vision goggles. GPS. Battle networks. Avionics that enable dagger-shaped stealth bombers to fly. WiFi.

    America’s vibrant innovation ecosystem made it all possible, through collaboration going back decades across government, academia, and industry, encompassing businesses large and small.

    You are the heirs to that legacy. And as our nation has embarked on a quest to reignite U.S. leadership in not only chip research and design, but also prototyping, manufacturing, and production at scale, you are cementing your own legacy.

    And you’ve already done a lot.

    One year ago, shortly after we announced the first Microelectronics Commons awards, we had more than 360 distinct member organizations located across 35 states, the District of Columbia, and Puerto Rico. And we thought that was pretty impressive.

    But as of today, the Commons boasts over 1,200 member organizations. Meaning this community has more than tripled in size, in just 12 months. Now that’s really impressive. And with that growth, our reach has expanded to even more states, like Arkansas, Maine, Nevada, and Wisconsin.

    One year ago, we’d already awarded nearly $240 million to stand up eight regional innovation hubs, reflecting the talent and ingenuity resident all over the country. And that was just the beginning.

    Because, as of today, we’ve awarded nearly $700 million toward this endeavor’s goal of bridging the microelectronics gap from lab-to-fab — that infamous valley of death between research and development and production.

    Not only does that number include the latest round of nearly three dozen project awards announced just a few weeks ago- it also represents a tripling of our total investment. And there will be more to come.

    The CHIPS and Science Act is a “once-in-a-generation investment in America itself,” as President Biden said when he signed it into law.

    CHIPS was a bipartisan victory for U.S. national security and economic security — a win that will echo through history for years to come.

    It proved that we can still do big things, that our best days are still ahead — sparking programs and initiatives across the Biden-Harris Administration, and across the Department of Defense, where we work closely with the Department of Commerce and many other interagency colleagues on CHIPS implementation.

    The CHIPS Act made clear to America — and the world — that the U.S. government is united in its commitment to ensuring that our industrial and scientific powerhouses can deliver what we need to secure the future.

    And we’re united beyond the U.S. government.

    Take industry: right now we’re living through an era in which a new generation of defense-tech startups and scale-ups is disrupting America’s defense industrial base. That’s welcomed, because competition is good for the taxpayer and good for the warfighter.

    So you might expect to see the newcomers and the mainstays always eying each other warily, contesting whose products are better, and rarely collaborating or finding common cause.

    Yet that’s not the case with our regional innovation hubs in the Northeast, Midwest, and Southwest. They’ve given a home to both traditional primes, such as Lockheed Martin, Northrop Grumman, and RTX, and newer venture-backed companies, like Anduril, Epirus, and Tignis.

    Why? Because chips bring America together.

    Or take academia. Right now, in the midst of college football season, fans might expect the likes of Purdue, Notre Dame, Michigan, and Illinois Urbana-Champaign to be at each other’s throats well into January.

    But at the Silicon Crossroads hub, all four of those universities are benefitting from a trusted environment that’s fostering collaborative innovation — creating a unified research and prototyping capability where they’re accelerating their unique nanofabrication and test facilities for industry to access.

    And you could even say that the Midwest Microelectronics Consortium hub is like the Big Ten Conference, but for semiconductors. (Laughter.) It’s now the largest hub with over 360 members nationwide, hailing from every time zone in the continental United States: Pacific, Mountain, Central, and Eastern. There’s even one hub member in Hawaii. 

    Why? Because chips bring America together.

    Look no further than the Defense-Ready Electronics and Microdevices Superhub, which recently began processing its first outside customer orders. With the nickname “California DREAMS,” it has members from Pasadena, L.A., San Diego, and Santa Barbara — but it also has members from Baltimore, Maryland; Greensboro, North Carolina; and Fort Worth, Texas.

    Like I said, chips bring America together. And this work is expanding opportunity as it does so — broadening the number of people and places that support our growing national semiconductor ecosystems, building the workforce pools and talent pipelines that America needs to stay ahead, and bringing new hotbeds of local innovation into the fold.

    That’s you. You’re doing this.

    At hubs in Massachusetts and New York, you’re helping prepare military veterans for careers in microelectronics.

    And you’re also reaching talent at historically-black colleges and universities, like Morgan State University and North Carolina A&T, advancing areas like electromagnetic warfare, 5G and 6G wireless, and commercial leap-ahead technologies.

    Across the country, this network of hubs now represents a committed community — of innovators, transition owners, academic leaders, defense industry stakeholders, government program managers, and prototyping and manufacturing facilities, that are together accelerating microelectronics development and production — all to meet DoD’s needs, and many with dual-use applications.

    It’s been exciting to see our vision for the Microelectronics Commons become a reality over the last year. And we’re looking forward to the progress that we’ll see in the years to come: as the hubs continue to evolve their operational models, as new projects get awarded and funded, and as our investments deliver for the warfighter at greater speed and scale.

    Together, you exemplify what America can do when we’re faced with a pressing challenge.

    You’re showing the world — and especially our strategic competitors — what we’re capable of.

    And I know you won’t let us down.

    Thank you.

    MIL Security OSI

  • MIL-OSI Economics: Secretary-General of ASEAN meets with Minister for Manpower of Singapore

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, this morning met with Singapore’s Minister for Manpower and the host of the 28th ASEAN Labour Ministers’ Meeting (ALMM) Dr. Tan See Leng in Singapore. Dr. Kao congratulated Singapore and reaffirmed the ASEAN Secretariat’s full support for Singapore’s ALMM Chairmanship in 2024-2026. They also exchanged views on the Chair’s priorities, including the development of the post-2025 ASEAN Labour Ministers’ Work Programme and strategies to strengthen ALMM’s role in the ASEAN Community building efforts.

    The post Secretary-General of ASEAN meets with Minister for Manpower of Singapore appeared first on ASEAN Main Portal.

    MIL OSI Economics

  • MIL-OSI New Zealand: Guatemala

    Source: New Zealand Ministry of Foreign Affairs and Trade – Safe Travel

    • Reviewed: 30 October 2024, 15:01 NZDT
    • Still current at: 30 October 2024

    Related news features

    If you are planning international travel at this time, please read our COVID-19 related travel advice here, alongside our destination specific travel advice below.

    Avoid non-essential travel to the following areas due to violent crime (level 3 of 4):

    • within 5km of the Mexican border from the Pacific Coast up to and including the Gracias a Dios crossing
    • to the towns of Santa Ana Huista, San Antonio Huista and La Democracia in the department of Huehuetenangodue.

    Exercise increased caution elsewhere in Guatemala due to violent crime and civil unrest (level 2 of 4).

    Guatemala

    Violent Crime
    Guatemala has a high violent crime rate. Criminal acts often involve firearms and may include armed robbery, kidnapping, sexual assault and murder. The majority of this crime is drug and gang-related, however, violence can be indiscriminate and occur in areas frequented by tourists.

    New Zealanders in Guatemala should remain security conscious and exercise a high degree of caution at all times. This includes in Guatemala City and other major cities, public areas and tourist destinations including Tikal, Petén, Antigua, Volcán de Pacaya and Lake Atitlán.

    Sexual assault remains a risk. There have been incidents of drink spiking in tourist areas such as Antigua. We advise New Zealanders to exercise a high degree of caution and avoid travelling alone, especially at night.

    Pickpockets and bag snatchers are prevalent in major cities and tourist sites, especially in central markets. We advise New Zealanders to take steps to safeguard and secure their personal belongings.

    “Express kidnappings” have also been reported in Guatemala, where criminals abduct a victim for a short amount of time and force them to withdraw funds from their bank account. To reduce the risk of this occurring we recommend you use ATMs that are located within bank branches and during daylight hours only. We also recommend you avoid displaying or wearing items that appear valuable, such as mobile devices and jewellery. No resistance should be given if you are the victim of crime as this could lead to an escalation in violence. Victims have been killed and injured attempting to resist perpetrators.

    When travelling to remote areas, including to volcanoes, it may be safer to travel with others or a reputable tour company. The Guatemalan Government PROATUR service offers tourist advice and security escorts for travel around the country.

    Road Travel
    Inter-city travel can be dangerous, particularly after dark. There have been reports of armed robbery and bus/carjackings affecting tourists on a number of travel routes, including along main highways and the road to and from the international airport in Guatemala City. Armed criminals have been known to set up roadblocks and pose as police officers. If travelling by road, you should keep doors locked, valuables out of sight and windows up at all times. Wherever possible travel in a convoy and avoid all travel after dark.

    Travel on local public buses (“chicken buses”) should be avoided for safety and security reasons as they are usually overloaded and there have been armed attacks by gangs and incidents of crime against foreigners on buses. Radio-dispatched or hotel taxis are the safest option as there have been robberies and assaults associated with unofficial taxis. Prepaid vouchers can also be purchased from the INGUAT (tourist office) in the arrivals terminal.

    Borders
    Special care should also be taken in border areas with Belize, Mexico, Honduras and El Salvador and at border crossings due to organised crime and drug-related violence. Allow enough time for border formalities so that you can arrive at your destination before dark.

    Seismic Activity
    Guatemala lies in a seismically active zone with four active volcanoes, and the possibility of an eruption always exists. Previously volcanic activity has forced evacuation of nearby visitors. Tremors are common, so familiarise yourself with earthquake safety measures. Travellers should be aware of the possibility for travel disruptions in the event of seismic or volcanic activity. Monitor levels of volcanic activity through the local media, and follow any alerts or instructions from local authorities.

    Civil Unrest
    Protests and demonstrations, including strike action and roadblocks, occur across Guatemala and have the potential to turn violent with little notice. They can cause disruptions to traffic and essential services. We recommend you avoid large gatherings, monitor the local media for updated security information and follow any instructions issued by local authorities, including curfews. Participation in demonstrations by foreigners is illegal and may result in detention and expulsion from the country.

    General Travel Advice
    Carry a photocopy or certified true copy of your passport as a form of personal identification when travelling.

    Penalties for possession, use or trafficking of illegal drugs are severe and can include lengthy imprisonment or fines.

    Do not take photographs of children without permission. Many people in Guatemala fear that children are being kidnapped for adoption or for theft of vital organs, and foreigners have been caught up in violent incidents related to accusations and fears of child kidnapping. Photography of government buildings, airports and military establishments is prohibited, and could result in detention. If in doubt, don’t take a picture.

    Medical facilities are limited outside Guatemala City. New Zealanders in Guatemala should have a comprehensive travel insurance policy in place that includes provisions for adventure activities and medical evacuation by air.

    New Zealanders in Guatemala are encouraged to register their details with the Ministry of Foreign Affairs and Trade.

     

    Travel tips


    The New Zealand Embassy Mexico City, Mexico is accredited to Guatemala

    Street Address Jaime Balmes No 8, 4th Floor, Los Morales, Polanco, Mexico D.F. 11510 Telephone +52 55 5283 9460 Fax +52 55 5283 9480 Email nzmexico@mfat.govt.nz Web Site http://www.mfat.govt.nz/mexico Hours Mon – Fri 0930 – 1400

    New Zealand Honorary Consulate Guatemala City, Guatemala

    Street Address 13 Calle 7-71, Zona 10, Guatemala City 01010, Guatemala Telephone (+502) 2360-8276 Alternate Telephone (+502) 2360-4961 Fax +502 2431 3742 Email kiwiguatemala@gmail.com

    See our regional advice for Central/South America

    MIL OSI New Zealand News

  • MIL-OSI Asia-Pac: SEE attends seminar on ecological and environmental protection of Guangdong-Hong Kong-Macao GBA (with photos)

    Source: Hong Kong Government special administrative region

         The Secretary for Environment and Ecology, Mr Tse Chin-wan, attended a seminar in Shenzhen yesterday (October 29) held by the Ministry of Ecology and Environment (MEE) on the ecological and environmental protection work of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). The seminar aimed to deepen the promotion of ecological and environmental protection work in the GBA, exchange related major work progress and suggestions among Guangdong, Hong Kong and Macao, and explore measures to support the GBA in accelerating the building of an international first-class beautiful bay area. The Secretary of the Leading Party Members Group of the MEE, Mr Sun Jinlong, also attended and gave an important speech at the seminar.
     
         During the seminar, Mr Tse highlighted four key areas regarding the initiatives and strategies of the Hong Kong Special Administrative Region (SAR) in promoting ecological and environmental protection in the GBA. These include enhancing environmental governance to build a beautiful Hong Kong, promoting green and low-carbon transformation, green transportation development, and advocating for the building of “Zero-waste City.”
     
         Mr Tse said, “Guangdong, Hong Kong and Macao have effective co-ordination mechanisms in various environmental aspects to promote ecological and environmental protection in the GBA. The Hong Kong SAR will continue to actively participate and co-operate, contributing to the development of picturesque landscapes and a beautiful bay area. Looking ahead, we look forward to collaborating with Mainland cities in the GBA to jointly promote a circular economy, facilitate green transformation and explore collaborative opportunities for the development of green industries in the GBA with a view to supporting the high-quality development of the entire GBA.”
     
         Attendees of today’s seminar included representatives from the Hong Kong and Macao work office of the Communist Party of China Central Committee, the People’s Government of Guangdong Province, the MEE, the Department of Ecology and Environment of Guangdong Province, the Ecology and Environment Bureau of Shenzhen, Zhuhai and Guangzhou Municipalities and the Environmental Protection Bureau of the Macao SAR. The Permanent Secretary for Environment and Ecology (Environment), Miss Janice Tse, and the Director of Environmental Protection, Dr Samuel Chui, also attended the seminar.
     
         Mr Tse returned to Hong Kong in the afternoon.      

    MIL OSI Asia Pacific News

  • MIL-OSI Australia: Diabetes Australia joins Melbourne City’s Support Service Hub, Project 614

    Source: Ministers for Social Services

    Diabetes Australia is the latest support service to join a suite of Government and non-government services helping those in need in the heart of Melbourne.

    Services Australia and the National Disability Insurance Agency (NDIA) provide help to access financial and health support, as well as community education at Salvation Army’s Project 614, a drop-in breakfast, lunch and dinner café in Melbourne’s CBD.

    Services on-site at Project 614 include Services Australia, the NDIA, Hearing Australia, Victoria Police, Births Deaths and Marriages Victoria, drug and alcohol counselling services, and HousingVic Officers.

    All the services were at the Bourke Street site today to welcome Diabetes Australia and help Australians who need it most.

    Minister for the NDIS and Government Services Bill Shorten said the partnership between Diabetes Australia and Project 614 will add even greater value to the already successfully site which provides wraparound services for people in the community experiencing significant vulnerability.

    “Services Australia’s partnership with Project 614 started in August 2022, kicking off a broader specialist community partnership program between Services Australia and non-government organisations, now in 27 locations across the country.

    “Since the partnership commenced, our Community Partnership Specialist Officer based at Project 614 has helped community members on over 5,100 occasions, with things such as getting a Medicare card or claiming an income support payment.

    “Barriers such as homelessness, mental health and substance abuse issues can pose a significant challenge to accessing government services through our regular service channels.

    “We are meeting people where they are, working with them individually to understand their circumstances and tailoring support to connect them to essential services and information that can be life changing.”

    Project 614 provides a safe meeting place to access the suite of supports and serves an average of 3,000 meals per week to community members who are homeless or at risk of homelessness.

    The services on-site also collaborate to help community members access birth certificates so they can open bank accounts; connect to health and legal services or access increased support through the National Disability Insurance Scheme.

    Commanding Officer of the Salvation Army, Major Brendan Nottle, said having streamlined Government services in one location makes a huge difference to our vulnerable community members.

    “By flipping the traditional ways of accessing these vital support systems, we can directly connect vulnerable people to these supports, and the benefits can be lifechanging.

    “Bringing Diabetes Australia into the fold is another positive towards improving the health outcomes of some of our marginalised clients.”

    Diabetes Australia Group CEO Justine Cain said the partnership would increase diabetes awareness and support in the community.

    “Rates of diabetes have increased by 32% nationally over the past decade, so we need new ideas and new partnerships that will make a tangible difference in people’s lives.

    “It’s critical that people living with diabetes are supported to avoid complications like foot ulcers, cardiovascular disease and preventable blindness, which can have a devastating impact.”

    For more information on the support available at Salvation Army’s Project 614 site, visit: Melbourne 614 | The Salvation Army Australia

    For more information on Services Australia Community Partnership Program, visit: Community Partnerships connecting customers to the support they need – About us – Services Australia

    MIL OSI News

  • MIL-OSI Economics: ADB Approves $500 Million Loan to Support Climate and Disaster Resilience in Pakistan

    Source: Asia Development Bank

    MANILA, PHILIPPINES (29 October 2024) — The Asian Development Bank (ADB) has approved a $500 million policy-based loan to support climate change and disaster risk reduction and resilience in Pakistan.

    The Climate and Disaster Resilience Enhancement Program (CDREP) will strengthen Pakistan’s institutional capacity for planning, preparedness, and response; increase inclusive investment in disaster risk reduction and climate resilience; and support the scale up of disaster risk financing using a risk-layered approach.

    Pakistan is one of the most vulnerable countries to climate change and disasters triggered by natural hazards in Asia and the Pacific. Average losses from disaster events exceed $2 billion per year. Women and other vulnerable groups are disproportionately affected by climate change and disaster events.

    “This program builds on ADB’s longstanding work in Pakistan to understand and reduce climate and disaster risks and support effective disaster response,” said ADB Director General for Central and West Asia Yevgeniy Zhukov. “We are proud to support an integrated and comprehensive approach to climate and disaster risk management, including a portfolio of disaster risk financing instruments for timely and adequate funding for disaster response.”

    The program supports enhanced capacity for disaster risk mapping and modeling for investment and development decisions. It enhances coordination for disaster monitoring and response. It supports enhanced planning and prioritization of gender-sensitive and resilient public investments, including integrated flood risk management and nature-based solutions. 

    The program supports mobilization of climate finance from public and private sources. This includes issuance of a domestic green sukuk (Islamic bond). A key innovation of the program is the use of ADB’s Contingent Disaster Financing option for the first time in the Central and West Asia region. This will provide quick disbursing budget support in the event of a disaster.

    The program will support the establishment of a solidarity fund to facilitate the uptake of risk transfer solutions such as agriculture insurance. The program also supports shock-responsive social protection to deliver cash assistance in the event of a disaster.

    ADB has also approved a technical assistance grant of $1 million to support implementation of the program.

    Pakistan was a founding member of ADB. Since 1966, ADB has committed over $52 billion in public and private sector loans, grants, and other forms of financing to promote inclusive economic growth in Pakistan and improve the country’s infrastructure, energy and food security, transport networks, and social services.

    ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 69 members—49 from the region.

    MIL OSI Economics

  • MIL-OSI Economics: ADB Appoints New Country Director for Bhutan

    Source: Asia Development Bank

    THIMPHU, BHUTAN (29 October 2024) — The Asian Development Bank (ADB) has appointed Sonomi Tanaka as its new Country Director for Bhutan.

    Ms. Tanaka will lead ADB’s operations in Bhutan and policy dialogue with the government, development partners, and other stakeholders. She will implement the newly approved country partnership strategy (CPS) 2024–2028 for Bhutan which aligns closely with the 13th Five-Year Plan of the government that aims to develop Bhutan into a sustainable and prosperous economy.

    “I look forward to working closely with the government and the people of Bhutan to reinforce Bhutan’s development efforts by strengthening public sector management, enabling private sector development, building climate-adaptive and resilient infrastructure, and enhancing human capital development to increase youth employability,” said Ms. Tanaka.

    Ms. Tanaka has over 30 years of professional experience, including 25 years with the ADB. In 2020, she was appointed as Country Director of ADB’s Resident Mission in the Lao People’s Democratic Republic, where she led the formulation of the CPS 2024-2028 and advanced critical policy reforms in collaboration with the World Bank and other partners to address macroeconomic challenges. She previously served as chief of the Gender Equity Thematic Group, responsible for overseeing and advising on ADB-wide operations to promote gender equality and women’s empowerment. Ms. Tanaka has worked extensively on gender and development, poverty reduction, social analysis, social protection, and community participation issues in Asia and the Pacific. Her sectoral expertise spans education, finance, health, infrastructure, natural resources management, public sector management, and urban development. Prior to joining ADB, she held roles in the World Bank’s South Asia Department and in development institutions in Japan.

    Ms. Tanaka is a national of Japan and holds a master of arts in gender and development from the Institute of Development Studies, Sussex University and a post-graduate diploma in development studies from the Institute of Developing Economies Advanced School in Japan. She has a bachelor’s degree in international relations from the University of Tokyo.

    Bhutan became a member of ADB in 1982. ADB has committed around $1.2 billion in loans, grants and technical assistance to the country, including cofinancing. ADB’s priority areas for support in Bhutan include energy, transport, urban infrastructure, water supply and sanitation, education, agriculture and natural resources, and finance. As of October 2024, ADB’s Bhutan portfolio includes 15 projects worth around $363 million.

    ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 69 members—49 from the region.

    MIL OSI Economics

  • MIL-OSI Economics: ADB to Improve Rural Livehoods, Ecosystems and Climate Resilience in Qixia City, Shandong, PRC

    Source: Asia Development Bank

    MANILA, PHILIPPINES (30 October 2024) — The Asian Development Bank (ADB) has approved a $150 million loan to enhance the ecological and climate resilience, as well as rural livelihoods in Qixia City in Shandong Province, the People’s Republic of China (PRC).  

    “The Shandong Qixia Ecological Function Conservation Demonstration Project will provide a model of integrated city ecosystem management,” said ADB Country Director for the PRC Safdar Parvez. “The project will benefit more than 429,000 residents through enhanced natural resources, environmental living conditions, and livelihood opportunities. The practices and experiences in this ecologically sensitive area could be replicated in other parts of the PRC, as well as in other countries.”

    Qixia City serves as the primary water source for coastal Yantai municipality in northeast Shandong Province, a major apple-growing area. However, intensive use of agricultural chemicals and plastic has damaged soil and water quality in the vicinity. Climate change is also increasing the frequency and magnitude of weather-related disasters. The degradation of natural capital in the city is disrupting agriculture and food security.

    To improve sustainability practices for agriculture and rural livelihoods, the project will conduct soil testing and apply organic fertilizers and soil conditioners to improve soil quality, as well as promote ecotourism to provide a sustainable source of income for local communities, while also raising awareness about the importance of conserving the ecosystem.

    The project will pilot a smart orchard system that will have modern and environment-friendly practices, such as sensors, data analytics, automation, optimized fertigation, and pest control. It will also strengthen rural solid waste collection management. All contribute to more sustainable production systems with reduced chemical fertilizer and pesticide use.

    To protect natural capital, the project will rehabilitate degraded river courses through bank protection, flood control, and excavation of river blockages. It will also construct forest fire prevention pathways and implement sustainable forest pest control. Institutional capacity and coordination on integrated ecosystem management will also be strengthened.

    As part of ADB’s Yellow River Ecological Corridor Program, aligned with the PRC’s Yellow River Basin Ecological Protection and High-quality Development Plan, the project aims to adopt a model of integrated ecosystem management and building climate resilience. It has significant regional benefits, as it addresses the complex ecological and environmental challenges in the Yellow River region.

    The total project cost is estimated to be $362 million, with $212 million counterpart financing from the government, which includes $85 million cofinancing from the Agricultural Development Bank of China. More than $99 million of the ADB financing is earmarked for climate adaptation and mitigation. It is expected to be completed in 2030.

    ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 69 members—49 from the region.

    MIL OSI Economics

  • MIL-OSI Economics: Replicating ADB Projects from the People’s Republic of China

    Source: Asia Development Bank

    Transcript

    Projects in the PRC offer rich potential for learning and replication—both domestically and abroad.

    Echoes of Success assembles five case studies in demonstration and replication of ADB-financed projects in the PRC.

    The five projects span diverse sectors—from nature conservation, green finance, water management, and energy efficiency, to road safety.

    Jiangsu Yancheng Biodiversity Protection Project restored nature reserves, and strengthened wetland protection and habitat management.

    The project’s insights in nurturing coexistence of rare species and humans have been applied to other wetlands, and inspired ADB’s Regional Flyway Initiative.

    Shandong Green Development Fund Project is a funding mechanism that mobilizes investment for climate projects and the environment.

    It has stimulated similar green finance initiatives in Southeast Asia, Central, and West Asia.

    Shaanxi Mountain Road Safety Demonstration Project is ADB’s first standalone road safety project.

    It adopts international road safety inspection, impact assessment, and design.

    The road safety program has been replicated in the PRC and Mongolia and won a global award from the International Road Federation.

    Shaanxi Accelerated Energy Efficiency and Environment Improvement Financing Project channeled funding to small and medium-scale clean energy investments in energy efficiency and emission reduction.

    The project’s pollution reduction, renewable energy heating, energy conservation technologies were replicated in two cities in Henan province.

    Wuhan Urban Environmental Improvement Project integrated sludge treatment and disposal systems, rehabilitated lakes, and strengthened water management.

    Lessons from the project design and implementation were applied to ADB projects in Huangshi and Huainan.

    Successful replication of projects requires active knowledge exchange, strong government support, and official recognition.

    ADB and the PRC will continue to promote regional and global development by sharing best practices and lessons in the PRC with other developing countries. 

    MIL OSI Economics

  • MIL-OSI New Zealand: Police target organised crime group and seize significant quantity of cannabis

    Source: New Zealand Police (District News)

    Last week Police across Counties Manukau, Auckland City and Waitemata Districts executed over 30 search warrants at addresses around the Districts, targeting an organised crime group using residential properties to set-up sophisticated indoor cannabis growing systems.

    The termination has resulted in a significant seizure of illegal drugs and the arrest of 11 people. 3,385 cannabis plants at various growth-stages have been seized and destroyed, along with 48 kilograms of dried cannabis. The estimated total value of the seizures, based on estimated yield of the plants, is $18 million.

    The majority of those arrested were in New Zealand illegally and a result, Immigration New Zealand has deported 11 Vietnamese nationals. All 11 have left New Zealand and are back in Vietnam.

    Enquiries are ongoing utilising intelligence gathered during the operation and Police cannot rule-out the possibility of further arrests.

    Acting Detective Inspector Greg Brand of Auckland City Police says the arrests come as a result of an investigation that has spanned Tamaki Makaurau and which targeted a sophisticated and profit-driven criminal syndicate.

    “This group were cultivating and dealing in large amounts of cannabis and their actions mirror similar operations recently uncovered in Australia where criminal groups, primarily of Vietnamese descent, were running a large number of indoor cannabis growing operations,” says Acting Detective Inspector Brand.

    “Make no mistake, these syndicates are well connected to gangs and this cannabis is a large source of income for their illegal operations.

    “Often the properties used by these groups will appear innocuous and will not really attract neighbours’ attention. However the operations that are set-up within are capable of producing large quantities of cannabis to sell.

    “These individuals are significantly modifying rental properties to cultivate cannabis with extremely dangerous electrical installations.

    “Not only is this extremely dangerous and creates a significant fire risk, we’d estimate millions of dollars’ worth of electricity is being stolen every year to run these operations.”

    Police is working alongside Immigration New Zealand in relation to the foreign nationals involved in this investigation, as we want to ensure migrant communities are kept safe from those who would exploit the conditions of their work visas.

    WHAT TO LOOK OUT FOR

    Police are reminding landlords to be vigilant when renting out their properties.

    • Ensure there are regular property inspections.
    • Carry out thorough vetting: get two forms of photo ID and sight the original document, compare the photo with the applicant.

    It’s important for the community to remain vigilant as well.

    If you see suspicious activity, such as deliveries of easy grow and fertilizer bags being dropped off, or signs that an electricity meter has been tampered with, please contact Police.

    • Report any information you have by calling 105
    • Go online to make a report at www.police.govt.nz/use-105
    • Contact Crime Stoppers anonymously on 0800 555 111
    • If migrant communities are concerned with possible exploitation, contact MBIE on 0800 20 90 20

    ENDS

    Issued by Police Media Centre

    Note for media: a small number of video clips are available for release to media outlets, please contact Police Media team for download details.

    MIL OSI New Zealand News

  • MIL-OSI Security: USNS Carl Brashear Conducts RAS During Keen Sword 25 [Image 1 of 5]

    Source: United States Navy (Logistics Group Western Pacific)

    Maintenance window scheduled to begin at February 14th 2200 est. until 0400 est. February 15th

    MIL Security OSI

  • MIL-OSI Security: USNS Carl Brashear Conducts RAS During Keen Sword 25 [Image 5 of 5]

    Source: United States Navy (Logistics Group Western Pacific)

    Issued by: on


    PHILIPPINE SEA (Oct. 25, 2024) – The Japan Maritime Self-Defense Force Takanami-class destroyer JS Ōnami (DD-111) approaches the Lewis and Clark-class dry cargo ship USNS Carl Brashear (T-AKE 7) to conduct a refueling-at-sea during Keen Sword 25, Oct. 25, 2024. Keen Sword is a biennial, joint and bilateral field-training exercise involving U.S. military and Japan Self-Defense Forces personnel, designed to increase readiness and interoperability while strengthening the ironclad U.S.-Japan alliance. (Courtesy Photo)

    Date Taken: 10.25.2024
    Date Posted: 10.29.2024 22:20
    Photo ID: 8725101
    VIRIN: 241025-N-N0900-1005
    Resolution: 1425×952
    Size: 436.48 KB
    Location: PHILIPPINE SEA

    Web Views: 1
    Downloads: 0

    PUBLIC DOMAIN  

    MIL Security OSI

  • MIL-Evening Report: Pacific leaders’ mission to Nouméa – Mapou says New Caledonia at ‘turning point’

    By Lydia Lewis, RNZ Pacific presenter/Bulletin editor

    A three-day fact-finding mission, headed by three Pacific leaders, has wrapped up in Nouméa, and New Caledonia’s President Louis Mapou says the French territory is at a “turning point”.

    The semi-autonomous Pacific territory has been riddled with violent unrest since May.

    While tensions have reportedly eased for now, the main political decision-making body for the Pacific region has been in Nouméa this week on a “strictly observational” but “critical mission”.

    New Caledonia’s President Louis Mapou . . . “They willingly shared their own history.” Image: 1ère TV

    Territorial President Louis Mapou told reporters why the Pacific Islands Forum (PIF) “troika -plus” visit was so important.

    “They have a shared intention with government members, drawing on their own experience in the region: the Cook Islands, which are in free association with New Zealand; Tonga, a country that was never colonised; and the Solomon Islands, which have experienced interethnic conflicts in the northern part, where youth played a significant role,” he said.

    “And finally, Fiji, which gained independence, decided to withdraw from the Commonwealth, and is now re-evaluating its connection with the British Crown. So, they willingly shared their own history.

    “They pointed out that in each of these histories, it was often the internal decisions of the populations involved that ultimately shaped the choices made about their country’s future.”

    What a pleasant honour to have Hon. Prime Minister @slrabuka welcomed by @LegionEtrangere & @RSMA_NC , writing a poem about his visit in New-Caledonia as a member of the @ForumSEC high level Troïka-Plus information mission . pic.twitter.com/HVVoebqPfA

    — Véronique Roger-Lacan (@rogerlacanv) October 28, 2024

    Hope and perspective
    Local government spokesperson Charles Wea said the visit brought hope and perspective.

    “It is important that that people from New Caledonia can arrive to express their views, and also the political perspectives, in terms of political future,” he said.

    “The process of decolonisation, for example, which is quite a major subject topic that will be in the discussion with a mission”

    Tongan Prime Minister Hu’akavameiliku Siaosi Sovaleni led the PPIF troika-plus delegation — Rabuka was the “plus” factor.

    “We are not there to judge you or to tell them what to do right now. It is a preliminary visit. So, basically, we just want to listen.”

    While it is a fact-finding mission, there are some indisputable facts, such as New Caledonia being on the United Nations Decolonisation List.

    Tuvalu MP Simon Kofe has expressed his thoughts on this.

    Pacific ‘needs to support decolonisation’
    “My position is for independence, we need to continue supporting the decolonisation of the Pacific,” Kofe told RNZ Pacific.

    Hu’akavameiliku’s views were somewhat more diplomatic.

    “I do believe that there is a way of having some sovereignty and control of your country. There are various models in the Pacific. You have Niue and Cook Islands. Then you have American Samoa.

    “We are not the ones who will tell [New Caledonia] what is working and what is not. We respect their sovereignty.”

    But amid the politicking, a Kanak leader from the Protestant Church of Kanaky New Caledonia, Billy Wetewea, said people were struggling.

    In particular, the indigenous population, who were battling inequities in education, employment and health, he said.

    “The destruction that the youth have made since May, was a kind of expression of the frustration towards all of these social injustices,” he said.

    “We are fighting for our humanity. So, it’s for the dignity of our humanity, and our humanity is the humanity of everyone.”

    ‘Neither marginalised nor mistreated’
    The pro-France loyalists, however, have a different perspective.

    “Contrary to what some separatists suggest, the Kanak people are neither marginalised nor mistreated,” they said in a statement.

    “On the contrary, [Kanaky people are] one of the most advantaged in our Oceanian region.”

    Wea said the Pacific leaders had the chance to hear from all sides involved in the unrest.

    The findings will be presented to the 18 Pacific leaders at next year’s leaders meeting.

    This article is republished under a community partnership agreement with RNZ.

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: Martha Stewart paved the way for influencers. But not everyone finds her brand empowering

    Source: The Conversation (Au and NZ) – By Di Yang, Doctoral student, School of Economics, Finance, and Marketing, RMIT University

    From showing us how to cook the perfect turkey to mastering the art of folding a fitted sheet, Martha Stewart’s name has long been a byword for doing things well at home – “how very ‘Martha Stewart’ of you”.

    New Netflix documentary, Martha, promises insights into her extraordinary life – from a teenage model to the original influencer and America’s first self-made female billionaire, with a prison stay and friendship with Snoop Dogg along the way.

    Behind the expertly folded linens and immaculately set tables lies something more.

    Martha Stewart created a brand empire that redefined the domestic lifestyle, monetised it and paved the way for others.

    Beginnings and barriers

    Stewart’s connection to the domestic arts began early.

    Raised in New Jersey, she learned essential homemaking skills like cooking and sewing from her mother, while her father introduced her to gardening.

    She studied art and architectural history yet Stewart started her career as a stockbroker. But her passion for the domestic realm led her to entrepreneurship.

    As she once reflected, “the life of the homemaker was more interesting to me than the life of Wall Street”.

    In 1972, she launched a catering business from the suburbs of Connecticut. It soon gained recognition for its elegant food presentations. A publisher client led to her 1982 book, Entertaining. It included notes for how to prepare a clambake for 30, a cocktail party for 200 and ranked presentation as highly as the food itself.

    Book success sealed a partnership with Kmart in 1987 and eventually took her homewares brand into millions of American homes.

    By 1999, she took her company, Martha Stewart Living Omnimedia (which encompassed her television show, magazines, websites and merchandising product lines) public, becoming America’s first self-made female billionaire – albeit momentarily.

    A few years later, Stewart was embroiled in scandal. She received a five-month prison sentence for insider trading and obstruction of justice. Many expected this to mark the end of her career – but Stewart defied the odds.

    Breaking new ground

    After her release from prison, she didn’t shy away from her past. Instead, she continued sharing skills including those she honed during her time at prison camp – whether it was crocheting or experimenting with new recipes. As always, Stewart seized every opportunity to expand her brand.

    Her genius lies in her ability to “sense a void in the culture” and turn a personal touch into commercial success.

    Since selling her namesake brand, Stewart has stayed in the spotlight, sometimes sharing it with rapper Snoop Dogg. The unlikely duo struck up a seemingly genuine friendship that produced a television potluck series, appearances and prison jokes.

    She continues to connect with millions of followers on platforms like Instagram and TikTok, where her long-term influence is perhaps most evident.

    The OG influencer

    Stewart’s living legacy is unmistakable in today’s digital world. Scrolling through social media, you’ll find traces of her in meticulously arranged tablescapes or perfectly organised cabinets.

    Popular “cleanfluencers” like Mrs Hinch and Australia’s Mama Mila have built massive followings by turning domestic tasks into visually captivating content.

    Minimalist tidy maven Marie Kondo took the world by storm, with her philosophy of keeping only what “sparks joy”. Her global brand follows Stewart’s signature collection model. Stewart’s clean and white aesthetic and multichannel branding can be seen in Gwyneth Paltrow’s Goop too.

    When housework is repackaged as life-changing and transformative, it transcends private duty to become a public, respected and potentially profitable business.

    But is this feminism?

    Yet, the rise of domestic lifestyle influencers also raises critical questions in feminist circles.

    As far back as Simone de Beauvoir’s The Second Sex, published in 1949, housework has been seen as part of the trap of domestic femininity.

    Figures like Stewart may represent success stories in economic terms. But their ventures risk reinforcing the stereotype that homemaking is inherently women’s work, often packaged alongside an ever-growing array of consumer products designed to perfect it.

    Stewart’s vision of domestic success – immaculate homes, flawless dinners, and perfect organisation – sets a standard that is unattainable for most. Scholars argue her media empire presents an upper-class fantasy, where the appearance of a wealthy lifestyle is emphasised over the reality of it.

    Focusing on domesticity is not inherently regressive, but what happens when the standards of success are too high to reach?

    The “solution” is often hidden in the consumerism trap, with women endlessly buying goods to chase an idealised lifestyle.

    Stewart’s embrace of perfectionism fuelled her success. In her words, “being a perfectionist can be profitable”. Yet for women and consumers, the pursuit of “Martha Stewartness” often feels out of reach.

    Martha is streaming on Netflix from today.

    Di Yang does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Martha Stewart paved the way for influencers. But not everyone finds her brand empowering – https://theconversation.com/martha-stewart-paved-the-way-for-influencers-but-not-everyone-finds-her-brand-empowering-241802

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: Inflation is sinking ever lower. Now that it’s official what’s the RBA going to do?

    Source: The Conversation (Au and NZ) – By John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra

    Lower petrol prices and an electricity rebate have contributed to a further fall in the quarterly measure of inflation, the Consumer Price Index.

    The rate in the September quarter dropped to 2.8%, putting it for the first time within the Reserve Bank’s target range of two-point-something since the March quarter of 2020.

    The fall was broadly in keeping with market expectations, and keeps low the likelihood of an interest rate cut this year. The next Reserve Bank meeting is scheduled for Tuesday.

    The bank pays more attention to the long-running quarterly measure of the CPI than the more volatile monthly version which already dropped into its target range in August.

    The monthly measure dropped further, to 2.1%, in September.



    The quarterly CPI is also more important because it is included in all sorts of workplace and other contracts and indexation formulas.

    The main reason for the fall in inflation was the electricity rebates announced in the federal budget and by some states.

    Also helping were the falls in petrol prices, mainly reflecting declines in global oil prices. Cheaper or free public transport in Brisbane, Canberra, Hobart and Darwin also contributed.



    Preventing a larger fall were the continuing strong growth in insurance costs and rent. The rise in insurance costs reflects a series of extreme weather events such as bushfires and floods. It is a way in which climate change is exacerbating inflation.

    Contrary to what many people think, the increase in rents is not due to landlords passing on higher interest rates. Landlords may want to do this but they are only able if vacancy rates are low, otherwise tenants just move elsewhere.

    History shows it is low vacancy rates that drive up rent regardless of the level of interest rates. The inability of landlords to pass on interest rate increases has been confirmed by a study just published by the Reserve Bank using tax return data.

    It showed that only three cents of every dollar in extra interest costs is passed on.

    The fall in inflation to a rate significantly below the 4% at which wages are increasing means that the cost of living crisis is abating, although not yet over.

    The dramatically lower inflation rate puts Australia in a comparable position to the United States, whose inflation rate is 2.4%, the United Kingdom, whose inflation rate is 1.7% and New Zealand where it is 2.2%.

    The US, UK and New Zealand all have inflation targets (or midpoints) of 2%, so inflation is now only slightly above the target in the US and New Zealand. It is actually below it in the UK. In response all three have cut their key policy interest rates.

    Yet it is unlikely that the Reserve Bank will follow their lead until next year, despite growing pressure.

    One reason is that, even after their cuts, interest rates in our three peers are still higher than in Australia, at around 4.75% to 5%.

    But more importantly, the Bank has stressed recently that it pays more attention to the “underlying” rate of inflation, which looks through temporary measures such as the electricity subsidies. The Bank will only cut interest rates when they are “confident that inflation was moving sustainably towards the target range”.

    The bank’s preferred measure of underlying inflation, the so-called trimmed mean, has also fallen.

    But at 3.5%, it is still above the target. A positive aspect is that it has reached 3.5% ahead of the Bank’s most recent forecast which had 3.5% only being reached by the end of 2024.



    Monetary policy, however, has in Milton Friedman’s famous words “long and variable lags”.

    As the then future governor Glenn Stevens remarked back in 1999,
    “the long lags associated with the full impact of monetary policy changes mean that policy changes today must be made with a view not just to what is happening now, but what is likely to be happening in a year’s time and even beyond then”.

    In other words we want to drive by looking ahead rather than just at the rear view mirror. The Bank is like a footballer who needs to head to where the ball will be rather than where it is now.

    There is therefore a risk that if the Reserve Bank keeps interest rates high until inflation reaches the middle of the target, it will be too late to prevent the economy slowing too much and inflation will undershoot the target. This would likely be associated with unnecessarily high unemployment.

    That is why the Reserve Bank board faces a difficult balancing act in taking its decisions.

    John Hawkins was formerly a senior economist and forecaster in the Reserve Bank and the Australian Treasury.

    ref. Inflation is sinking ever lower. Now that it’s official what’s the RBA going to do? – https://theconversation.com/inflation-is-sinking-ever-lower-now-that-its-official-whats-the-rba-going-to-do-240336

    MIL OSI AnalysisEveningReport.nz