Last-ditch demands from French President Emmanuel Macron are understood to be the major hurdle in reaching a compromise. (Getty Images) Also Read: Sole rights: Michael Gove pushes for UK sovereignty over fishing waters in Brexit talks Share whatsapp “I would hope that what we would see is a move and an adjustment that reflects the UK’s position as an independent coastal state [and that] gives our fishermen more access to our own fish,” the Cabinet Office minister said. However, Von der Leyen added that there was a “narrow path to an agreement”, with the two sides agreeing to “go the extra mile” to secure a trade deal. Barnier has told MEPs that striking a post-Brexit trade and security deal by Friday is “difficult but possible”, after the European parliament stated that it needs an agreement by midnight on Sunday to hold a consent vote this year. whatsapp Poppy Wood Macron will now self-isolate for seven days, though he will continue to carry out his duties remotely. Spanish Prime Minister Pedro Sanchez will also self-isolate until 24 December, after meeting with Macron on Monday. Ministers are understood to be playing hardball in demands for sovereignty over British fishing waters as Brexit talks reach boiling point. With just 14 days until Britain formally leaves the bloc, talks between the UK and EU remain stalled over the same stumbling blocks that have choked negotiations for the past few months, including fisheries, so-called level playing field arrangements and state aid. EU chief negotiator Michel Barnier this morning told MEPs that fisheries was now the most difficult issue in trade talks. Show Comments ▼ Tags: Brexit Michael Gove Macron has remained unwavering in his demand that France preserves a substantial portion of existing fishing rights in British waters once the UK leaves the bloc. He has vowed to protect French fishermen, who are expected to lose a significant part of their quota from 1 January as part of any Brexit trade deal. British envoy David Frost insisted that the onus was on the EU to compromise on fishing demands, after the UK previously moved on the issue of future standards. (Getty Images) Also Read: Sole rights: Michael Gove pushes for UK sovereignty over fishing waters in Brexit talks Sole rights: Michael Gove pushes for UK sovereignty over fishing waters in Brexit talks Thursday 17 December 2020 3:04 pm Speaking at a meeting on the future relationship with the EU, Gove said it is the UK’s “intention” that British fishermen will have exclusive access to fish in waters located six to 12 nautical miles from Britain’s coastline post-Brexit. “We do not question the UK sovereignty on its own waters, but we ask for predictability and stability for our fishermen and our fisherwomen,” she told a press conference yesterday. It comes after European Commission president Ursula Von der Leyen yesterday stoked fears that failure to reach a unilateral compromise on fisheries may scupper hopes of a trade deal before the Brexit transition period deadline on 31 December. (Getty Images) The UK is not prepared to sign a trade deal with the EU unless British fishermen have “sole rights” to fishing waters around the isle, Michael Gove has confirmed. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikePost FunGreat Songs That Artists Are Now Embarrassed OfPost FunTaco RelishSuspicious Pics That Are Fishier Than The SeaTaco RelishAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthMagellan TimesIf You See A Red Ball On A Power Line, Here’s What It MeansMagellan TimesZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldTop Walk-In-Tubs | Search AdsHere’s the Average Price of a Walk In TubTop Walk-In-Tubs | Search AdsThe Chef PickKelly Lynch Is 62 And This Is How She’s Living After RetirementThe Chef PickNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For Seniors More From Our Partners Why people are finding dryer sheets in their mailboxesnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com “But also in an ideal world we want to have tariff-free access to the EU market. That’s our aim — and vice versa,” Gove added. However, an announcement from the Elysee palace this morning that the French President has tested positive for coronavirus has thrown doubt over his future bargaining power, as talks enter the eleventh hour.
Friday 5 February 2021 7:26 am Londoners could face tougher face mask rules in transport crackdown Tube and bus passengers in London could be made to wear higher-grade face masks to help combat new mutant strains of Covid-19. James Warrington Lilli Matson, TfL’s chief health, safety and environment officer said: “We have been in regular contact with Public Health England, Sage and government throughout the pandemic to ensure that guidance around masks for our staff and customers remains current and follows scientific advice. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutBrake For ItSay Goodbye: These Cars Will Be Discontinued In 2021Brake For ItMoneyWise.comMechanics Say You Should Avoid These Cars In 2021 MoneyWise.comMoney PopThe Most Overpriced Vehicles On the Market Right NowMoney PopBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailQuizscape8 Out Of 10 Men Fails This Car Engine Quiz. Can You Pass It?QuizscapeNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver Health whatsapp They are disposable, more expensive and harder to breathe through, but can block up to 95 per cent of airborne particles — significantly reducing the wearer’s risk of catching the disease. Higher-grade masks offer better protection as they filter out tiny droplets and particles from inhaled breath. TfL has asked for guidance from Public Health England over the policy, while the mayor is set to commission an analysis by London’s scientific advisory group on coronavirus. Tube and bus passengers may be made to wear higher-grade masks (Getty Images) Also Read: Londoners could face tougher face mask rules in transport crackdown Tube and bus passengers may be made to wear higher-grade masks (Getty Images) Also Read: Londoners could face tougher face mask rules in transport crackdown While cloth masks and scarves do not filter out the virus, they are effective at reducing spread through coughs and sneezes, according to the Evening Standard, which first reported the reviews. “Recent Sage advice on minimising the risk from new variants of Covid-19 has endorsed the importance of wearing high quality masks, with at least three layers, which is why we have been issuing our staff with surgical masks since the summer.” Show Comments ▼ Mayor Sadiq Khan and Transport for London have both launched reviews of current guidance amid concerns about the rapid spread of the so-called Kent strain across the UK. Face coverings have been mandatory on public transport since June, but officials are worried the new forms of the virus are so contagious that cloth masks and DIY bandanas may no longer be effective. Share Germany last month ruled that single-use surgical masks or more protective filtering respirators should be worn in the workplace, on public transport and in shops, while France has banned DIY coverings due to insufficient protection. “Germany, France and Austria have all recently introduced stricter requirements for face coverings, and it may be necessary to introduce tougher measures here to stop the spread of the new variant, particularly in poorly ventilated locations.” “The Mayor is determined that Londoners are given the most accurate and up-to-date scientific advice in our fight against the virus,” a spokesperson for Khan said. Tube and bus passengers may be made to wear higher-grade masks (Getty Images) More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com Guidance Tube and bus passengers may be made to wear higher-grade masks (Getty Images) Also Read: Londoners could face tougher face mask rules in transport crackdown whatsapp Tags: Coronavirus Sadiq Khan Transport for London
Friday 31 October 2014 11:10 am whatsapp Lynsey Barber More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com whatsapp Show Comments ▼ Tags: Balfour Beatty Company by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comYahoo! SearchResearch Car Donation For CharitiesYahoo! SearchThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comMedical MattersThis Picture Shows Who Prince Harry’s Father Really IsMedical MattersNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Week Balfour Beatty completes $1.24bn sale of Parsons Brinckerhoff to WSP Global Balfour Beatty has completed the sale of its design arm Parsons Brinckerhoff to Canadian firm WSP Global for $1.24bn (£753m).The deal, which derailed merger talks between the construction firm and Carillion, gained shareholder approval earlier this week. Balfour Beatty expects to spend the proceeds on returning £200m to shareholders through a share buyback programme and £85m on reducing the group’s pension deficit. The remaining money will be added to the company’s books “to ensure a strong balance sheet and provide increased financial flexibility.”Executive chairman Steve Marshall had this to say: “This sale represents a significant return on Balfour Beatty’s investment and a compelling level of value creation for shareholders. Following the sale, Balfour Beatty will be a simplified and more focused group. It has leading positions in the UK and US construction and infrastructure markets, all supported by a strong balance sheet. Leo Quinn joins as group chief executive in the New Year to take the group forward and to drive shareholder value.”The firm said it would continue to have a turnover of £8bn after the sale of Parsons, which it picked up in 2009 for £382m.Balfour Beatty’s share price ticked up nearly half a per cent at pixel time in afternoon trading. Share
Related news Record household leverage is a concern, but Canadian banks are well positioned to withstand a negative economic shock, says a new report from UBS Securities Canada Inc. In a new research report, UBS notes that record high household leverage, and high house prices, are reasons to be concerned, particularly amid an uncertain macro outlook, sovereign risks, and record low interest rates. However, it suggests that the risk is moderate due to mitigating structural factors. “We think conservative underwriting, low loan-to-value ratios, high returns, strong capital, and a better fiscal backdrop provide resilience,” it says, pointing out that over two-thirds of Canadian household debt is in lower risk residential mortgages, and approximately 20% is in personal lines of credit, most of which are secured with real estate, also under strong underwriting standards. Even if house prices were to drop 25%, UBS estimates mortgage losses would only amount to 10-12 basis points, up from 2 bps currently. And, it projects that a doubling in overall loan loss provisions to 80 bps, would only result in a 15-20% decline in earnings per share, and would still leave the banks with a 14% return on equity. “Economic vulnerability to high consumer leverage and external shocks remain concerns,” UBS says. “However, we think credit risk is moderate, due to mitigating factors. Nonetheless, growth will slow.” The biggest risks, it suggests, are overall financial system risks. Against this background, the report concludes, “Given modest projected Canadian consumer growth of under 5% per year, we think that international growth, capital deployment, and high returns, will matter most. We also think that expense control will increasingly be important. While business lending is expected to increase in importance; this not likely investable short-term due to modest differences between banks.” Share this article and your comments with peers on social media Keywords Earnings, Banking industry, Consumer borrowing and saving High debt levels threaten banks’ strong results: Fitch Facebook LinkedIn Twitter James Langton G7 tax pledge may be upstaged by CBDC work Income inequality narrowed amid fiscal supports in 2020: StatsCan
Insurance OmbudService makes western expansion a priority OBSI updates terms of reference FCAC to probe banks’ complaints handling processes Related news Keywords Dispute resolution The Ombudsman for Banking Services and Investments (OBSI) will now disclose the identities of financial advisors who are the source of unresolved client complaints to regulators. OBSI announced a couple of revisions to its terms of reference (TOR) on Friday, including the adoption of a new provision that will allow the dispute-resolution service to disclose the identities of both the clients and advisors involved in disputes in which the firm appears likely to refuse OBSI’s compensation recommendation. “The changes are being made to meet regulatory expectations and requirements,” an OBSI statement says. Previously, OBSI’s policies provided that in cases that appear likely to end in refusals, certain information about the firm involved would be disclosed to regulators — but it didn’t deal with the disclosure of information about the client. Now, “the identity of the complainant and their financial advisor (if applicable) will be shared with the appropriate regulator, and may be shared with OBSI’s board,” in these types of cases, the OBSI statement notes. OBSI’s director of strategy and stakeholder relations, Tyler Fleming, stresses that the change to its TOR aim to clarify the information that is disclosed when a likely compensation refusal is escalated to the regulators. “The TOR’s wording was previously focused on the firm’s info, but we are clarifying that other information is disclosed as well,” he says. The dispute-resolution service has also added a section to its TOR that solidifies OBSI’s commitment to complete all investigations of banking complaints within 120 days. The section was added at the request of the Financial Consumer Agency of Canada (FCAC), as part of OBSI’s approval as an external dispute-resolution service for banks under a new procedure the federal government introduced in the past couple of years. OBSI notes that it adopted the federal government’s standards in its policies more than a year ago. OBSI also reports that its board has also approved an amendment to its bylaws designed to broaden the eligibility for prospective candidates to be named as its next ombudsman and CEO. The bylaw change aims to provide the organization with greater flexibility in appointing someone with government or regulatory experience to the post. OBSI is currently searching for a new CEO in the wake of Doug Melville’s departure at the end of May. It’s expected that the new CEO will be appointed in the autumn; in the meantime, OBSI’s chairman, Fernand Bélisle, is overseeing the dispute-resolution service’s management team. OBSI also announced that Oriana Financial Group has become the first mortgage broker to join the dispute-resolution service as a participating firm. OBSI has also recently added portfolio managers and exempt-market dealers to the list of firms using its services to resolve client disputes. James Langton Share this article and your comments with peers on social media Facebook LinkedIn Twitter
Advertisements RelatedPETCOM to Increase Sales this Year RelatedPETCOM to Increase Sales this Year RelatedPETCOM to Increase Sales this Year PETCOM to Increase Sales this Year UncategorizedJune 8, 2007 FacebookTwitterWhatsAppEmail For this financial year, the Petroleum Company of Jamaica (PETCOM) will continue its role in implementing positive changes in the local petroleum trade, by increasing sales volume by five per cent and its market share by 14 per cent.According to a Ministry Paper tabled in the House of Representatives on June 6 by Minister of Industry, Technology, Energy and Commerce, Phillip Paulwell, PETCOM will seek to gain 2.22 per cent growth in retail sales volume to achieve some 601,055 barrels in sales, reflecting a segment market share of 11 per cent. The company will also pursue growth of 20 per cent in lubricant volume sales to 5,314 barrels, increasing the segment market share from four to five per cent.PETCOM will also seek to bring its growth in overall sales to $8.367 billion; growth in gross profit to $630.091 million and achieve a projected net operating income of $24.513 million. Expansion of the service station network will continue with the addition of a minimum of five locations, as well as monitoring of the re-launch of the programme to improve brand image, existing performance and the company’s financial viability.The LPG and lubricant department will be restructured and strengthened with the goal of increasing efficiency in product and service delivery. There will be: a reduction in the company’s overall operational break-even levels with a view to reducing expenses in all areas; widened distribution of the Pace lubricant line of products to significantly increase sales via expanding PETCOM’s network of independent dealers; continued development of human resource capability through training; and implementation of a tracking system for LPG cylinders.Meanwhile, during the last fiscal year, the company met a number of targets, including market share of 13 per cent; product sales of 1.133 million barrels; 10 per cent increase in retail sales; and six per cent growth in LPG sales and overall market share of 16 per cent, representing the highest sales volume for LPG in the history of the company. Four additional filling plants were opened and significant commercial accounts added.Lubricant sales were approximately 4,436 barrels, or 16 per cent above the previous year, while sales income was approximately $7.356 billion. The company added two new service stations to its network, in Lluidas Vale, and Ocho Rios, and experienced greater brand exposure and visibility.
Innovative solution for Landgate building Preferred proponent selected for Landgate building Problem and Opportunity Statement Local businesses to be engaged for major refurbishment projectState Government commits to retaining a public sector presence in Midland The McGowan Government today appointed Georgiou Capital Pty Ltd as the preferred proponent for the Landgate building Problem and Opportunity Statement and will now progress with detailed due-diligence and final negotiations.The Problem and Opportunity Statement called for innovative solutions for the future of the Landgate building in Midland plus accommodation options for more than 500 public sector staff in the local area.Under the proposal, the Landgate building, which reverts to government ownership in March 2021, will be sold to Georgiou Capital Pty Ltd with the State receiving the proceeds from the sale.Georgiou Capital Pty Ltd will then undertake an extensive refurbishment of the asset, creating around 370 new jobs across a range of industries including construction, design and engineering, prioritising the use of local businesses, where possible.The McGowan Government’s commitment to retaining a public sector presence in the Midland region will see Landgate remain as a tenant in the building.Following the refurbishment, the building will also be available to accommodate a range of other government and commercial tenants through an innovative co-working concept proposed by Georgiou Capital Pty Ltd.The Landgate Problem and Opportunity Statement is part of an initiative launched under the Market-led Proposals policy, allowing government to provide focused opportunities for industry to respond with innovative solutions that stimulate the economy and create jobs for Western Australians.As stated by Finance and Lands Minister Ben Wyatt:“This proposal clearly demonstrates our Government’s commitment to helping industry and business succeed through a clear, consistent and transparent process.“This is a tremendous outcome with the State to receive the proceeds from the sale as well as over 500 public sector staff remaining in Midland.“The McGowan Government is working hard to recover jobs lost during the pandemic, as well as creating thousands more through innovative proposals like this to stimulate the economy.As stated by Midland MLA Michelle Roberts:“This is an opportunity to reinvigorate the traditional heart of the Midland town centre.“It highlights our Government’s commitment to maintaining Landgate’s presence in Midland.“Once again, the McGowan Government is bringing employment and investment opportunities into Midland and the eastern suburbs.” /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Australia, building, business, Economy, employment, Engineering, finance, future, Government, heart, industry, Investment, jobs, Minister, project, Western Australia
Blue Lake path returns to two-way traffic City of Mount Gambier has reinstated two-way pedestrian traffic around the entire Blue Lake exercise path. Council encourages people to continue to practise physical distancing and remain 1.5 metres away from other walkers and runners where practically possible.To minimise the risk of the spread of COVID-19, Council implemented a one-way, clockwise only foot traffic directive around the Blue Lake exercise path as a social distancing measure in April 2020. In November 2020, Council reviewed the directive and reinstated two-way pedestrian traffic around the Blue Lake footpath on John Watson Drive. However, the 750 metre Bay Road section remained one way due to the narrow path against the barrier to the road which makes physical distancing difficult.“We now have a greater understanding that the risk of transmitting COVID-19 in the open air is less probable than first thought,” City of Mount Gambier City Infrastructure General Manager Nick Serle said.We have taken on board feedback from the community and reassessed the directive once again and will open the Blue Lake walking path back up for use in both directions from Wednesday 3 February 2021.– City of Mount Gambier City Infrastructure General Manager Nick SerlePhysical distancing, or social distancing principles still apply. In accordance with Government of South Australia restrictions and responsibilities, every person should attempt to stay at least 1.5 metres from other members of the public.“We have had no active cases of COVID-19 in the region for many months now, but it is still important to maintain physical distancing principles where possible when using the Blue Lake exercise path,” Mr Serle said.Council encourages residents to keep up to date with the latest official SA Health COVID-19 news and updates for South Australia at https://www.covid-19.sa.gov.au /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Australia, community, coronavirus, council, covid-19, exercise, Government, health, infrastructure, local council, Mount Gambier, Pedestrian, SA, SA Health, social distancing, South Australia
As the stagnant job market drags on, Colorado employers may be amassing a workforce of dissatisfied and under-performing workers, according to experts at the University of Colorado at Boulder’s Leeds School of Business. When the economy is strong and the unemployment rate is low, there is a healthy flow of workers in and out of companies. But when the unemployment rate creeps up and there isn’t a lot of hiring, this flow is interrupted, which can lead to an accumulation of unhappy and unproductive workers, according to CU-Boulder Professor of management Joe Rosse of the Leeds School of Business. “What managers need to think about now is what kinds of problems are coming up as this flat economy drags on,” Rosse said. “One problem, and it’s a very serious one, is that of the dissatisfied employee.” With the unemployment rate hovering around 6 percent in Colorado, dissatisfied workers are finding it difficult to find another job, so they are staying put, according to Bob Levin, who with Rosse co-directs CU-Boulder’s Center for the Integrative Study of Work. When the economy stalls or becomes stagnant for drawn out periods of time, and the hiring cycle is interrupted, what can happen is the good performers are able to move on, but the poor performers can’t and end up staying. The result, according to Rosse, is an “employment perfect storm,” where the best employees leave, the worst employees stay and the supply of new talent to replenish those leaving is cut off. “The question for managers is how fast are the good performers leaving, and are there things causing these people to leave even when the economy is down,” Rosse said. “You can hire a mix of good performers and bad performers, and be OK, but if all the good ones leave and the bad ones stay, you have a problem.” What’s especially troubling now is the potential combination of a stale job market and a sour work environment. This combination can lead to good talent turning bad, according to Levin. “What we have is people working longer hours for the same or less money, perhaps under the threat of layoff, and very often without any good leads for another job,” said Levin. In this environment, the manager’s job of problem solver becomes especially important, because lingering problems lead to trouble, according to Rosse. When workplace problems remain and nothing is done to correct them, Rosse said three things generally happen. Dissatisfied workers either retaliate against the problem, neglect their job or quit. When the job market is stagnant like it is now, the exit part of the equation isn’t available, so work place problems that are not addressed most likely will lead to neglect and retaliation, according to Rosse. “People want to be in control of things that matter in their lives and will do whatever it takes to make it right. So the first thing a manager wants to do is keep the dissatisfaction low,” Rosse said. “And many times this means stepping in and getting to the source of the problem right away.” He added due to the stagnant economy, many companies have or are undergoing changes in management, which can contribute to a workplace where issues go unsolved. Managers can’t always eliminate every source of dissatisfaction, so the second line of defense is to make sure that employees find constructive, rather than counterproductive, ways of coping with dissatisfaction. “As a manager you can’t control the economy or the labor market, but you can control the way you treat problems,” Levin said. “You can do that by making problem-solving the ‘least-cost’ option for your employees.” Rosse and Levin co-authored the book “Talent Flow: A Strategic Approach to Keeping Good Employees, Helping Them Grow and Letting Them Go,” published in 2001, which delves into the challenge of keeping good employees and dealing with workplace dissatisfaction. The Center for the Integrative Study of Work, part of the Graduate School at CU-Boulder, is a group of researchers from CU and other research organizations who are working to increase the understanding of human work. Published: June 29, 2003 Share Share via TwitterShare via FacebookShare via LinkedInShare via E-mail
Share Advertisement Subscribe to the Afternoon Brief Home Afternoon Brief Afternoon Brief, February 27Afternoon BriefAfternoon Brief, February 27By Editor – February 27, 2015 23 0 Subscribe to the Afternoon BriefAdvertisement Trending Story:Australian winemaker Treasury Wine Estates returns to profitOne of the world’s biggest publicly-listed winemakers, Australia’s Treasury Wine Estates has returned to profit in the six months to December, citing solid sales among other factors…Today’s News:UC Davis event explores Chinese alcoholic beveragesFoodies, wine and beverage industry professionals, and academics will explore the history and modern appreciation of Chinese alcoholic beverages, or “jiu,” at a daylong conference at UC Davis on March 26…Sonoma County grape growers use technology to battle frostJust as Oakland A’s general manager Billy Beane used data analysis to find bargain baseball players to put his team into the playoffs, local grape growers now can benefit from similar analytics to help them with frost and heat protection as well as water management…Finalists for CANVAS Excellence Awards Announced10 Winners of the CANVAS Excellence Awards from 26 Finalists will be announced at the Gala Dinner to be held at the Napa Valley Performing Arts at Lincoln Theater in Yountville…St. Francis Winery founder Joe Martin dies at 80ASEV’s Lyndie Boulton Retires, Board Appoints Dan Howard as New Executive DirectorExperts say Oregon’s wine industry is poised for continued growthPremiumization of U.S. wine market continuesTreasury Wine says private label growth poses challenge as profit slumpsTTB approves two new grape varieties for designating American wineNorth Bay Business Journal Wine Industry Conference set for April 24Napa Valley growing season begins with an early springWine Spectator magazine honors 14 Paso Robles producersU.K. shoppers misled by wine-based drink that’s only 75% wineCorkage fee helps put a cap on wine expensesTop Stories of the Week:Winemakers Share Best Practices and Equipment That Contribute to Efficiency in the CellarEnd of an era: Parker hands Martin the reins for Bordeaux primeursWomen of the Vine to Host a Grand Tasting Gala in Honor of Women’s History MonthGMO-free molecular genetics launch golden age of disease-resistant grapesCork brings beneficial phenolics to wineFrost Season Arrives Early in MendocinoCork makes a comeback in Wine CountryHow video will be the norm in wine marketing within three yearsIllinois sends over 100 cease and desist lettersGrowers Of Lower End California Winegrapes Face ChallengeGuy Fieri drops plans for winery outside of Santa RosaU.S. Beverage Industry Expo Appoints Live Oak Bank Executive as Advisory Board ChairLake County residents express concerns over new vineyardThree key wine trends for 2015A Few Bad Email Subject Lines Linkedin ReddIt Twitter Pinterest TAGSASEVBud breakCANVASCorkageGrape TechnologyNapay ValleyOregonPaso RoblesTreasury Wine EstatesTTBUC DavisWine Industry ConferenceWine LawWine Spectator Facebook Email Previous articleASEV’s Lyndie Boulton Retires, Board Appoints Dan Howard as New Executive DirectorNext articleThe San Jose Mercury News Joins San Francisco Vintners Market as Title Sponsor For 2015 “Try it and Buy it” Events at Fort Mason Center Editor