Exclusion zone for Newcastle harbour

CLIMATE WARRIORS: Adrianne Kassman, of Papua New Guinea, George Nacewa, of Fiji, and Milar Loeak, of the Marshall Islands, will be joining the protest. Picture: Dean OslandA 100-METRE security zone will be enforced around ships in Newcastle harbour during a planned blockade of the port on Friday.
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The 30 Pacific Climate Warriors who plan to block the world’s largest coal port have been warned they face fines of up to $5000 for breaching the restricted zone.

The warriors have travelled from 12 countries to participate in the protest against plans to increase coal and gas exports.

“It’s important for us as people from the Marshall Islands to take action because our islands mean everything to us,’’ Marshall Islands representative and daughter of the country’s president, Milan Loeak, said. “Who else will stand up and fight for our people and our islands and culture? When will we be assured that we can continue to live without continuously fearing for the future and that of our children, grandchildren and our islands?”

The warriors visited Whitehaven Coal’s Maules Creek project site on Monday. They will lead the protest in traditional indigenous canoes, five of which have been brought to Australia for the event.

They are expected to be followed by a flotilla of kayaks and canoes.

The Port of Newcastle has advised that the restricted zone will extend 100metres in all directions from the ship at and below the water level. A port spokeswoman said vessel scheduling for the port would continue, based on safety parameters approved by the Port of NSW harbourmaster.

‘‘Port of Newcastle is liaising with NSW Police, which will maintain waterside exclusion zones around vessels for safety,’’ she said. ‘‘Port of Newcastle respects the right of lawful peaceful protest, but requests that community members comply with directions from the police to ensure the safety of everyone on the water and within the port, ’’ the spokeswoman added.

Picture: Ryan Osland

A 100-metre security zone will be enforced around ships in Newcastle harbour during a planned blockade of the port on Friday.

The 30 Pacific Climate Warriors who plan to block the port have been warned they face fines of up to $5000 for breaching the restricted zone.

The Port of Newcastle has advised that the restricted zone will extend 100 metres in all directions from the ship at and below the water level.

The warriors have travelled from 12 countries to participate in the protest against plans to increase coal and gas exports.

“It’s important for us as people from the Marshall Islands to take action because our islands mean everything to us,’’ Marshall Islands representative and daughter of the country’s president Milañ Loeak said.

“Who else will stand up and fight for our people and our islands and culture? When will we be assured that we can continue to live without continuously fearing for the future and that of our children, grandchildren and our islands?”

The warriors visited Whitehaven Coal’s Maules Creek project site on Monday.

Caitlin Forrest dies after fall at Murray Bridge Gold Cup

Jockey Caitlin Forrest died overnight after a four-horse fall at the Murray Bridge Gold Cup. Photo: FacebookJOCKEY Caitlin Forrest died overnight after a four-horse fall at the Murray Bridge Racecourse.
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The 19-year-old crashed to the turf and was collected by the pack of horses behind her when riding in the race before the Murray Bridge Gold Cup.

Forrest was semi-conscious and responsive when airlifted to hospital, but her condition deteriorated and she died from her injuries

Her boyfriend, Scott Westover, paid tribute to the former Strathalbyn High School studenton Facebook.

“Today has been the worst day of my life. I lost the love of my lifeCaitlin Forrest,” his post read.”I know there will be an angel up there watching me everyday and riding with me.

“I love you so much my beautiful girl and I’ll never forget the best three years of my life I had with you.”

Caitlin Forrest died overnight after a fall at the Murray Bridge Gold Cup on Wednesday.

JOCKEY Justin Potter has spoken about the race fall at Murray Bridge that left two of his competitors, apprentice Caitlin Forrest and Libby Hopwood, in hospital.

“I jumped out from a wide gate and ended up getting a forward-ish position, one out and one back from the leaders,” he said.

“Just before we straightened I saw the horse in front of me go, I lost sight of it, the jockey at the last minute I lost sight of her, then there were two horses against my horse’s chest.There was no time to do anything except go straight over the top.”

His mount, Ethbaal, was driven into the running rail and he was thrown from his saddle but suffered no worse damage than a sore thumb.

“I hit the ground andknew the field was still behind me so I knew I had to get out of the way,” he said.”The ambulance came over to check on me (but I pointed them on).”

Race stewards held a private meeting with the remaining jockeys shortly before 6pm.

They subsequently announced the race meet would continue and the feature race, the Gold Cup, would still be held at a time yet to be determined.

That race had been scheduled to go at 4.43pm.

“That’s the nature of the sport, how things can go wrong in a matter of minutes,” Mr Potter said.

Great Lakes police search resumes for lost fisherman William Lam at Tuncurry

Fisherman’s body found at Tuncurry Divers have been called in after a man went missing at Tuncurry. Pic: Great Lakes Advocate
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Divers have been called in after a man went missing at Tuncurry. Pic: Great Lakes Advocate

Divers have been called in after a man went missing at Tuncurry. Pic: Great Lakes Advocate

Divers have been called in after a man went missing at Tuncurry. Pic: Great Lakes Advocate

Divers have been called in after a man went missing at Tuncurry. Pic: Great Lakes Advocate

Detective Acting Inspector Natalie Stephens will address the media this morning about the search operation. Photo by Shane Chalker Photography.

TweetFacebookPOLICE have found the body of a fisherman missing at Tuncurry in the second day of searching.

William Lam, 32, gotinto difficulty when he entered the water at Wallis Lakes to retrieve his child’s shoe just before 2pm on Wednesday.

Emergency services were alerted when the Berala man failed to surface.

His body was found near Regatta Island just after midday.

A report will be prepared for the Coroner.

Police earlier in the day said they believed Mr Lam, who was not a strong swimmer, had “most likely drowned.

“Wecan’t sugar coat this, the conditions were bad yesterday,” Great Lakes Local Area Command Inspector Charne Musgrove said on Thursday.

Police divers were called into the area shortly before 10am Thursday to scour the lake.

“There were a few witnesses who saw Mr Lam in the water but theweather yesterday (Wednesday) was too atrocious to get a boat in,” Inspector Musgrove said.

“The witnesses grabbed the son once they saw the father in the water andcalled police. The little boy was then taken back to Forster Police Station and is ok.”

The search for a missing man at Tuncurry has entered its second day. Pic: Great Lakes Advocate

Mr Lam, whowas in the Great Lakes area with his wife and two children, waslast seen by witnesses near a yellowbuoy just out from theTuncurry boat rampbefore a strong current pulled him under the water.

Dubbo MP elected unopposed to lead NationalsPHOTOS

Dubbo MP elected unopposed to lead Nationals | PHOTOS Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL
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Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

Member for Dubbo Troy Grant is in the running to assume leadership of the National Party. Photo: DAILY LIBERAL

TweetFacebook9.30am:Nationals MPs met for half an hour in Parliament House on Thursday morning to elect Mr Grant, a former police inspector who is the member for Dubbo.

Education Minister Adrian Piccoli remains deputy leader of the Nationals.

In a statement, Mr Grant said that to be elected Nationals leader was an “extraordinary honour”.

He said he felt “humbled” by the decision of his colleagues and would “work my backside off” in the role.

Mr Grant, a relatively inexperienced politician who was elected to the NSW Parliament only in 2011, said he held dear the principles of “honesty, integrity and hard work” and intended to pursue those in the job.

9.15am: Former policeman Troy Grant has been anointed Deputy Premier of NSW.

Mr Grant, 44, who has been a minister for six months, was on Thursday elected unopposed by his Nationals colleagues a leader of the party, Nationals Whip John Williams said.

EARLIER: Dubbo MP Troy Grant was remaining tight-lipped about his political future as reports suggested he could succeed Andrew Stoner as leader of the National Party and the deputy Premier of NSW this morning.

Mr Stoner announced yesterday that he would retirement from parliament at the upcoming election and made the decision to step down as party leader immediately, which has triggered a leadership ballot.

It is understood Mr Grant, who is the Minister for Hospitality, Gaming and Racing and Minister for the Arts, will contest the leadership against Education Minister Adrian Piccoli with some predicting that Mr Grant was the favourite.

Mr Grant was available for comment on Wednesday afternoon because of parliamentary duties but in a one-line statement he neither confirmed or denied that he would run.

“My focus is on representing the interests of the people of Dubbo to the best of my ability and work hard as a Minister in the NSW Liberals & Nationals Government,” he said.

If he is elected, it would cap a meteoric rise for the former policeman, who is still in his first term in politics.

He ousted Independent Dawn Fardell at the 2011 election and was promoted to Cabinet earlier this year, being given the portfolios of Gaming, Racing and the Arts.

There are 19 Nationals MPs in the NSW and a further seven members in the Legislative Council but they look set to lose a lot of experience next March, with veterans George Souris and Don Page also choosing to retire after losing portfolios in the April Cabinet reshuffle.

Source:Daily Liberal, Dubbo

need2know: Wild ride ahead

Taking their queue from overseas markets, local investors should prepare themselves for a day of volatility.
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What you need2know:

• SPI futures down 31 pts at 5190

• AUD at 88.10 US cents

• In late trade, S&P 500 -1%, Dow -1.2%, Nasdaq -0.4%

• In Europe, Euro Stoxx 50 -3.6%, FTSE -2.8%, CAC -3.6%, DAX -2.9%

• Spot gold up $US7.70 to $US1240.53 an ounce

• Brent oil down $US1.58 to $US83.46 per barrel

What’s on today

Ten Network Holdings full-year results; Australia employment data, Reserve Bank of Australia assistant governor Guy Debell panel participation at Thomson Reuters FX Benchmark event, Sydney; US industrial production, Philadelphia Fed index, unemployment; FOMC Charles Plosser speaks.

Stocks to watch

At one point overnight, SPI futures were down as much as 80 points.

Morningstar raised News Corp from “hold” to “accumulate” with a fair value uncertainty pegged at “high”.

RBC Capital Markets has an “outperform” recommendation on Rio Tinto. It notes that third quarter attributable iron ore production of 60.4mt was a record, “but 6 per cent below our 64.1mt forecast”, though in line with consensus.

Global insurers are lining up for National Australia Bank’s life insurance division, despite the fact there’s no formal process under way, according to The Australian Financial Review’s Street Talk column.

Currencies

The $A traded in a wide range overnight, according to Bloomberg data; it slid to a low of 86.76 US cents before rallying to as high as 88.12 US cents in late New York trading.

The US dollar hit a three-week low against the euro and a more than one-month low against the yen after weak US economic data led to a rethink on the timing of a Federal Reserve interest rate hike.

The dollar index, which measures the greenback against a basket of six major currencies, was last down 0.83 per cent at 85.106.

Commodities

Brent and US crude futures fell, a day after posting their biggest daily drop in years, with more production, less demand and deflation expectations weighing heavily. US crude closed below the $US82 a barrel mark.

Bank of America has lowered its 2015 forecast for Brent to $US98 a barrel from $US108, and its outlook for WTI to $US90 from $US96. Brent still has “strong support” at $US85 a barrel because OPEC will probably trim the supply surplus, while WTI may fall to $US75 as new pipelines bring additional supply to the US storage hub at Cushing, Oklahoma, the bank said in a report.

Gold continues to struggle for direction. Bullion overnight rose to less than $US1 below key resistance at $US1250 an ounce before sharply paring gains. “Gold is vulnerable to more selloffs after it failed to hold earlier flight-to-safety gains,” said Eli Tesfaye, senior market strategist at RJO Futures in Chicago. “With the IMF cutting its global growth forecast last week, inflation is not a key concern right now.”

United States

US stocks were down more than 1 per cent in late trading as economic data added to worries over the health of the world economy and concern increased about the spread of Ebola. But each of the three major indexes were well off their lows of the session. The S&P 500 had been down more than 3 per cent earlier in the day.

The pace and depth of the selloff have taken many investors by surprise, while others had been anticipating a pullback. “It’s normal and it’s long overdue – markets can’t grind higher for that long without some sort of get-back here,” said Scott Armiger, portfolio manager at Christiana Trust in Greenville, Delaware.

Europe

A sell-off in European stocks accelerated on Wednesday with a key index suffering its biggest one-day slide in nearly three years, as investors slashed exposure to risky assets such as equities on mounting worries about global growth.

Greek equities were among the biggest losers as Athens’s benchmark ATG index succumbed to a second day of selling pressure and sank 6.3 per cent. Traders cited political uncertainty and a spike in Greek 10-year bond yields, which rose above 7.6 per cent.

What happened yesterday

The Australian sharemarket extended its recovery to a second day running on Wednesday, as Telstra Corp and the banks took over from the miners in leading the rebound and upbeat corporate news helped to lift spirits.

The benchmark S&P/ASX 200 Index rose 38.2 points, or 0.7 per cent to 5245.6, extending the previous session’s strong gains.