Home' InDaily : June 11th 2010 Contents www.independentweekly.com.au
June 11 - 17, 2010 news
A handheld ultrasound device
created by Adelaide-based company
Signostics has won two major gongs
at the 2010 Australian International
Design Awards. Presented by
Standards Australia at a gala dinner in
Sydney on Friday night, the Australian
International Design Awards is the
country's premier product design
assessment program recognising
design and innovation excellence.
The pocket-sized Signos portable
ultrasound system won a Design
Award in the Medical and Scientific
category before being honoured with
the prestigious Powerhouse Museum
Design Award, which is chosen from
all finalists across all categories.
Signostics Chief Operating Officer
Stewart Bartlett said the two awards
were a terrific endorsement for the
Timing is everything
A prominent Adelaide business owner
tells us she was going through her
monthly accounts when she discov-
ered that she was one day out on the
expiry date of a business registration.
What difference does a day make?
Plenty, it seems. The registration fee
had gone from $120 to $153.25. Her
beef is that while she accepts fees go
up from year to year, this was the fee
for the old year, so why should she pay
the fee for the new year because she
was a day late? It's a fair question.
Care for Vics
We have moved on from the old
Kick-A-Vic days of footy rivalry. One
of South Australia's leading not for
profit aged care providers, ACH Group,
has moved into Victoria following its
purchase of two retirement villages
in Melbourne's eastern suburbs. ACH
Group has acquired Bedford Heights
Estate in Box Hill and St Thomas'
Community Retirement Village in
Forest Hill, adding a further 197 units
to its housing and aged care service.
They're probably looking after some of
those old sporting enemies.
Safe or sorry
A timely reminder came this week
from Hospitality Industry Training
SA's Olivia Muller that new laws (from
December 2010) make it compulsory
for workplaces to have a set number
of trained first aid officers. The
number is based on the level of risk
in the workplace. "Employers need
to assess their level of risk now and
start planning and enrolling the staff
members they are going to train in
First Aid," Olivia said.
On your bike
KPMG Adelaide partner Justin
Jamieson has been recognised among
the new generation of Australian lead-
ers. Mr Jamieson, 36, was honoured
at the ADC Future Summit Australian
Leadership Awards 2010 held in
Melbourne. As well as his audit work,
Justin also keeps the staff on their
toes through a health and wellbeing
program, even convincing company
boss Peter Siebels to get on his bike
and ride to work several times a week.
And another one
The Adelaide Convention Centre has
won another international gong. The
latest win, for environmental excel-
lence, came at a worldwide exhibition
in Frankfurt, Germany. Coming hot off
the heels of the 2009 Qantas Tourism
and 2010 MEA Awards, this recent
honour adds to the international
and national profile of the Adelaide
Convention Centre. CEO Alec Gilbert
needs a bigger trophy cabinet.
He was right.
It was Federal Indus
Kim Carr who had ma
in interviews where h
"The tender for the
going very, very well,"
media in October last
"We think there is e
potential there and wh
rigorous tender proce
not assume that this is
deal because it is not."
Mr Devereux s vers
of events is quite
"This is a long proc-
ess," he explained.
"First we have to
design the Caprice
to specifications for
use by police then test
those, get feedback
from potential users
and make sure the
product we are selling
the best available.
"We are engineerin
"The reality is that
the Caprice is better th
US police forces use today, which
include the Dodge Charger and
"We ll be doing our best to win
those contracts when tenders open
sometime around October this year.
"We re pretty hopeful."
It will be difficult for Holden to
The New York Police Department
has just switched over to the Dodge
Charger and while the LAPD is
replacing its ageing fleet of Ford
Crown Victoria police interceptors,
it s been trialling the Charger as a
likely replacement since mid-2008.
Domestic politics will also play
GM would agree to manufacture an
electric version of the Holden small
car at its Elizabeth plant".
In December 2008 the Rudd and
Rann governments announced a
$179 million co-investment agree-
ment for Holden to build an all-new,
fuel-efficient, low-emission small
car in Australia, supporting up to
1200 jobs immediately.
"The new, front-wheel-drive, four-
cylinder car will be manufactured
from the third quarter of 2010 at GM
Holden s Elizabeth plant in South
Australia," Carr said in a major
media launch on-site.
But Mr Devereux is more
"We are designing a more fuel
efficient version of the car which
we hope to start production of
sometime in the first quarter of
"When the new version is ready,
we will launch it."
No dates, no times, no promises
that can t be met.
But he is buoyant about the car s
potential, noting that there were
2550 sold in Australia last month
and projected annual sales of 24,000
to 30,000 are a good start.
"It was the number six sell-
ing car last year and has now
moved up to be the fifth-best
selling car, so the market has
Based on those figures,
he says GM s philosophy of
building and selling for a local
market now comes into play.
"We build where we sell
and that s important for local
suppliers," he said.
"We have a bias that
supports local suppliers. The
Cruze will be a second produc-
tion line alongside the Commodore
and that sets up this plant for the
next 15 years.
and selling the
ce has shrunk to
00 a year ago.
d there are no
rospects on the
result the out-
for the state s
Mr Devereux is
at the global
but the new
makes cars that
ke to drive.
o makes a profit
drive a Korean-
cars with Australian engineered
And that brought us to the
humble party pie and a dose of
When Mr Devereux asked about
the culinary notion of a party pie
(Holden s thrifty lunch item) he was
proudly told by one of the motoring
writers that the pie, like the Holden,
was part of Australian culture.
"The jingle was football, meat
pies, kangaroos and Holden cars,"
said the proud Aussie hack.
"Was that your version of
baseball, hot dogs, apple pie and
Chevrolet?" Mr Devereux asked.
The Chevrolet ad was conceived
in 1974 in the USA and our version
ran here a couple of years later.
The motoring writer looked as
though someone had just stolen his
Just like all the politician s
promises and the hopes of thou-
sands of workers, all was not as it
But ask Mr Devereux and you will
get a straight answer.
From Page 11
Limited advised the
stock exchange this
week of the intersec-
tion of strong copper
at the company s new 100
per cent owned Vulcan
iron-oxide copper gold
30km north of Olympic
Tasman said it was
by the very positive
result at such an early
stage in the evaluation
of "this very large and
Assay results are
eagerly awaited, but are
not likely to be avail-
able for at least several
Tasman testing positive
Pulling no punches
The Dodge Charger police car -- Holden's main competitor for lucrative USA contracts.
The Tasman drilling rig.
BHP BILLITON LTD (BHP)
Australian resource giant BHP Billiton ltd has notiÞed
Japanese steelmakers that iron ore prices for the
July-September period will be raised some 23% from the
previous quarter. The second consecutive quarterly hike
will put iron ore at roughly $147, or some Y13,000, a ton,
140% higher than the Þscal 2009 price.
The Þrms apparently came up with the new price based
on spot prices for Indian iron ore bound for China in the
March-May period. BHP produces more than 110 Million
Tonnes of Iron Ore from its Pilbara operations.
BHP's share price has faced signiÞcant headwinds in
the past month, due to the federal government's new
Resource Super ProÞts Tax, debt issues in Europe,
and attempts by the Chinese government to cool the
Chinese economy. Given all three of these headwinds are
beginning to abate, we see the next month as an ideal
opportunity to gain exposure to one the world's largest
diversiÞed mining companies.
Sharebrokers and Investment Advisers
Telephone (08) 8217 3900
Warning (General advice only): Past performance is not a reliable
indicator of future performance. The recommendation in this
advertisement is made without reference to its appropriateness to
your investment objectives, financial situation and particular needs.
Before acting on this general advice, you should discuss with your
investment adviser the appropriateness of this recommendation to
your own specific circumstances.
Links Archive June 10th 2010 June 15th 2010 Navigation Previous Page Next Page