Gillard becomes Australia’s first female PM

Australia has its first female Prime Minister after Julia Gillard replaced Kevin Rudd at a partyroom meeting this morning.

In an unprecedented move, Ms Gillard will replace Mr Rudd less than six months out from this year’s federal election.

Once she is sworn in by Governor-General Quentin Bryce, Ms Gillard will become Australia’s 27th prime minister since Federation.

Ms Gillard, a Victorian who represents the Melbourne seat of Labor, will be joined by Treasurer Wayne Swan as her deputy. Mr Swan is from Queensland, like Mr Rudd.

After the caucus meeting this morning, Ms Gillard emerged with Mr Swan by her side.

She said she was honoured to be Australia’s first female PM.

“I feel very honoured and I’ll be making a statement shortly,“ she said.

A smiling Mr Rudd emerged from the partyroom 20 minutes later with Senator John Faulkner by his side. He refused to comment to the throng of reporters which chased him back to his office.

After it became clear that Mr Rudd’s support in the ALP was evaporating, he decided against standing for the PM position this morning.

All elements of the Labor Party swung behind Ms Gillard in the face of opinion polls which show the Government still in a winning position but with dire satisfaction ratings for Mr Rudd.

The Labor Party’s returning officer for the meeting, NSW senator Michael Forshaw, said Mr Rudd, Ms Gillard and Mr Swan had given gracious speeches.

Declaring Ms Gillard would lead the Labor Party to victory at the next election, Senator Forshaw conceded the events of the past 24 hours had been tough

“This has been a difficult time for the Prime Minister and has been a difficult time for the party,” he said.

A visibly tired Senator Forshaw paid tribute to Mr Rudd.

“He led us to victory in 2007, a victory that was achieved when many people thought we still would be spending more years in opposition,” he said.

“That was a great achievement.

“We now have a new team and I’m looking confidently forward to the next election.”

Brand MHR  Gary Gray, who according to a recent Westpoll would lose his seat despite sitting on a 6.1 per cent margin, said ahead of the poll that a change was needed to turn around the Government’s electoral chances.

“It’s necessary to have both a fresh pair of hands, fresh eyes and a different approach to the management of government,” he told ABC radio.

It is understood Mr Swan will remain in the Treasury portfolio.

Source : www.thewest.com.au

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Market odds move firmly against Reserve Bank interest rate rise

THE market odds have moved firmly against an interest rate rise by the Reserve Bank in February.

The sharp change in direction, which began on Tuesday after the central bank revealed its December 1 meeting minutes, accelerated yesterday following a speech by RBA deputy governor Ric Battellino.

Mr Battellino signalled that rates could stay on hold when the RBA next meets in February, saying the “overall stance” of monetary policy was “back in the normal range”.

His comments, at the Australian Finance & Banking Conference in Sydney, surprised the markets, triggering a slump in the Australian dollar to below US90.

Last night the dollar was hovering around US89.70.

Financial market betting on a 25-basis point rate hike in February retreated from a 67 per cent chance to 45 per cent.

Mr Battellino said that although the cash rate still seemed “unusually low” at 3.75 per cent, monetary policy was back “in the normal range” because the current level of deposit, housing and business lending rates made the cash rate equivalent to a “before the crisis” level of 4.75 per cent.

“Taking these considerations into account, it would be reasonable to conclude that the overall stance of monetary policy is now back in the normal range, though in the expansionary segment of that range,” he said.

The deputy governor’s remarks were made half an hour after the Australian Bureau of Statistics revealed economic growth in the September quarter was weaker than expected.

The national accounts showed GDP edged up just 0.2 per cent in the three months to September, half the pace of growth expected by the market, for an annual rate of 0.5 per cent.

The main drag on growth was a slump in exports which coincided with a jump in imports.

However, demand from households, businesses buying more equipment and government investment was solid.

ANZ acting chief economist Warren Hogan said the GDP figures indicated there was little urgency to get official interest rates back to a neutral setting, adding that Mr Battellino’s comments had “dealt a solid blow” to the prospect of substantial gains in the cash rate over coming months.

“Put another way, the emergency setting for interest rates has now been removed and policy will be adjusted as and when required by economic conditions,” he said.

Westpac chief executive Gail Kelly told reporters after the bank’s annual meeting in Melbourne yesterday that the RBA was likely to raise rates “very carefully” in 2010.

However, she said the official cash rate was not quite yet at a “normal” level.

Mrs Kelly said she remained cautious about the economic outlook while the bank’s chairman Ted Evans said a “V-shaped” recovery for Australia was unlikely.

“It will be a long recovery and that’s what our plans are based on,” he said. 

Source  :  www.news.com.au

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Shopping centre cards for antisocial teenagers

Shopping centres in Perth are handing out cards warning youths they could be banned from the venues in a bid to crack down on antisocial behaviour.
   
Security guards at Westfield’s Innaloo, Carousel and Whitford City centres also carry photographs of those already banned.

The youth cards  introduced at the beginning of the year  were not a punishment and were available to all members of the public on request.
   
The cards warned teenagers what behaviour was expected of them, how they could expect to be treated by security guards and the consequences of antisocial behaviour — including bans of 24 hours to six months.
    
Youths are encouraged at the centres but they should not detract from other people’s safety or comfort. Currently there are no serious problems with youths at the shopping centres.
   
Security guards carried photographs of banned youths so they could be easily recognised if they returned before permitted.   

Ms Laschon said shopping centres were a natural, safe meeting place for people of all ages. She said the conditions of Westfield’s youth cards should apply to all shoppers.
   
“The whole idea of screaming at the top of your voice and running around happens with lots of people at the beginning of sale time. It’s not only teenagers that get excited,” she said. 
  
AMP Capital Shopping Centres communication manager Scott Gillespie said the company’s Karrinyup, Garden City and Ocean Keys complexes did not have a similar system in place.

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Aussie friends of Jackson ‘shocked’

AN Australian family who met Michael Jackson more than 20 years ago and became lifelong friends was devastated by the pop star’s surprise death.

Joy Robson, mother of choreographer Wade Robson, said her family could not come to terms with the news the King of Pop was dead.         

”We are all in shock right now,” Ms Robson, sobbing heavily, said.

”We’re devastated.”

A Los Angeles County Coroner’s office spokesman has confirmed Jackson had died.

Lieutenant Fred Corral told CNN Jackson, 50, was pronounced dead at 2:26pm (0726 AEST) local time after reportedly suffering a cardiac arrest.

The Robsons, formerly of Brisbane, befriended Jackson when Wade, at the age of five, won a dance competition in Australia where first prize was a meeting with the star.

When Jackson toured Australia in 1987 the pop star invited Wade to perform at his Brisbane concert.

Robsons, formerly of Brisbane, befriended Jackson when Wade, at the age of five, won a dance competition in Australia where first prize was a meeting with the star.When Jackson toured Australia in 1987

Two years later, with the help of Jackson, the Robsons moved to the US so Wade could pursue his dancing career.

Wade appeared in three of Jackson’s music videos, Black or White, Jam and Heal the World and today, at the age of 26, is one of the world’s most renowned choreographers, hosting his own MTV series The Wade Robson Project, working with Britney Spears and N’SYNC and winning two Emmy Awards.

Wade, Ms Robson and her daughter, Chantal, were called as witnesses at Jackson’s 2005 molestation trial in California.

Jackson was eventually acquitted.

The Robsons spent many nights at Jackson’s Neverland Ranch. After Jackson’s acquittal in 2005, the Robsons were again in tears, but back then it was tears of happiness.

”I’ve never questioned Michael,” Ms Robson said in 2005.

”That’s the bottom line. I’ve never ever had a second of a concern.

”I don’t care what people say of me.

”You have to know Michael to understand.

”I’ve always said to Michael I wished the world could know the Michael we do.

”He’s not what the media makes him out to be.”

Jackson, aged 50, died in Los Angeles today, although a cause of death is yet to be officially announced.

Jackson was not breathing when Los Angeles Fire Department paramedics responded to a call at Jackson’s $US100,000 ($A124,378.11) a month rented mansion in the exclusive LA suburb of Holmby Hills, just after midday.

He was taken to the nearby UCLA Medical Centre but was pronounced dead.

RIP

Source  :  www.news.com.au

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Premier shifting to 8pm close for shops

Colin Barnett is on the brink of caving in to worried Liberal backbenchers and accepting an 8pm closing for weeknight shopping rather than the 9pm time he took to the election last year.
  
The Premier has been softening the public up for an 8pm closing time in recent days and again said yesterday that it was an acceptable alternative. 
  
The West Australian understands that most Liberals don’t want 9pm and would prefer a 7pm closing time but are prepared to accept 8pm to save the Premier the embarrassment of being rolled by his own party.
  
Mr Barnett has been canvassing his MPs one-on-one in recent days and knows that 9pm is beyond his reach.

The Nationals say they will not support changes to shopping hours, which they fear would deliver a crucial blow to WA producers because it would increase the market share of big supermarkets
   
The Government will rely on Labor to get legislation on later weeknight shopping hours through Parliament but the ALP took a position of 7pm to the election and is not guaranteed to support a later closing time. A Labor spokeswoman said yesterday that shadow Cabinet and caucus would discuss the party’s position once the Government’s preference was known.
 
Cabinet discussed the shopping hours issue last Monday and Mr Barnett is expected to take his preferred position to the party room on Tuesday, but the Upper House is not sitting, and the meeting will be only for Assembly MPs, meaning that a vote on the issue will probably be delayed a week.
  
Mr Barnett said yesterday that most people in the retail industry, including the unions, favoured a 9pm closing time from Monday to Friday to bring all weeknights into line with existing late-night shopping.
  
“That’s a position I think is logical, however a number of people are saying 8pm might be better. I don’t think there’s a big difference between the two,” he said.
  
“To simply extend it to 7pm would be pointless.
  
“So, 8pm, yeah that’s OK, 9pm might be better but at least either of those would be a significant extension to weeknight shopping.”

But backbenchers are under pressure from small businesses to wind back the closing time, believing that the later hour is supported only by Coles and Woolworths.
  
Chamber of Commerce and Industry chief James Pearson urged politicians from both sides to “stand up to vested interest groups, which are determined to deny West Australians more choice and lower prices when they shop”.  

ROBERT TAYLOR, PETER KERR and AMANDA BANKS

Source www.thewest.com.au

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Matthew Johns stood down by Nine

NRL personality Matthew Johns has been stood down indefinitely from all his on-air commitments with the Nine Network following the group sex allegations that aired this week.

The announcement was made on the network a short time ago.

In a statement, Nine CEO David Gyngell said the mutual decision had been taken in the best interests of the Nine Network, Matthew Johns and his family, the game and its supporters.

“The fact is, whatever the arguments about the details of the New Zealand incident involving Cronulla players in 2002, the conduct and its aftermath was simply unacceptable, fullstop,” he said.

“I fully endorse David Gallop’s comments concerning the indefensible conduct of some players and the lack of respect for women — and the critical focus on all stakeholders to help eradicate it from our game.”

“I join with him in extending my apologies and sympathy to the young woman involved in the incident, who clearly is still distressed as a consequence.”

Mr Gyngell said Johns had agreed the decision was in everyone’s best interests.

 

“I have always had great regard for Matt, but he knows better than anyone that this incident has placed him in untenable position,” he said.

“To his credit he has recognised that and acted upon it.”

Johns’ future has been under a cloud since the ABC’s Four Corners program aired allegations about his involvement in a 2002 group sex incident in New Zealand while he was playing for Cronulla.

The former Test star arrived at Nine’s Sydney offices this morning, along with his manager John Fordham, for the meeting with Mr Gyngell.

www.news.ninemsn.com.au

 

 

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