September, 2018

ALDI closes in

ALDI has secured land in Gisborne for a car park to service a future supermarket development.
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Macedon Ranges Council agreed to sell 51 Aitken Street to ALDI on Wednesday night after considering public responses to the idea.

Residents objected to the loss of open space and told council the location on the outskirts of the CBD was unsuitable.

Submissions to council also questioned the sale price and the transparency of the sale.

But council said it had earmarked the land for car parking.

Cr Roger Jukes said the sale would not only ease parking congestion in town but the profits would help fund future car parking.

“Gisborne has the opportunity to gain $600,000 to keep the township of Gisborne alive and operational,” he said.

“You lose retail 15 minutes away where they’ve got a bigger retail centre.

“We’ll see a minimum of 30 car parks on that lot … It’s important that we look to the future.”

Cr Sally Piper said the development made sense and would benefit shoppers, market-goers and more.

“We actually don’t own any other space in Gisborne for car parking,” she said.

“I have been approached by so many residents who want an ALDI.”

Cr Jennifer Anderson assured residents this was only the first step. She said council would scrutinise ALDI’s plans before potentially issuing permits.

Although council voted unanimously in favour of the land sale, Cr Russell Mowatt did raise alarm over the amenity impact on neighbouring residents.

The sale of 51 Aitken Street is subject to ALDI obtaining a permit and developing a supermarket on adjoining land.

ALDI intends to purchase privately owned land at 45-49 Aitken Street, which houses Mitre 10 and a dwelling, to develop a store.

ALDI plans to develop a store in Gisborne in the two years, an ALDI Australia spokesperson told the Express.

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NSW Swifts star Paige Hadley says she’s a better player because of ACL injury

Liz Ellis: Southern Steel bring the irony … or is it just bad timing?
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NSW Swifts and Australian Diamonds mid-courter Paige Hadley believes her 2014 season-ending knee injury changed her mindset and is the key to her recent success.

The 23-year-old racked up her 50th trans-Tasman appearance for the NSW Swifts on Sunday, a milestone in doubt after an anterior cruciate ligament injury she suffered during a 2014 training session.

Hadley said the setback, along with the 12-month recovery that followed, brought into perspective what her career meant to her.

“I think you just appreciate being able to play the game,” she said. “[To play] every day and then to not play for 12 months was really, really hard.

“I just appreciate every game that I get and I’m training so much more because I’m doing what I love.”

Despite doubts about whether she could return to her best, Hadley said she never doubted she would be back.

“It didn’t even cross my mind when people said ‘oh you might not get back’,” she said. “I thought ‘yeah I will’. I knew how much hard work I was going to put into it.”

She pointed to the experience as a catalyst for further development in her game and a greater hunger for success.

“I definitely think it’s helped me, as a player – obviously how bad I want it and how much I appreciate every day being a part of the environment and being with the team,” she said.

“I really appreciate having people around and being out there and playing the game. I think having that 12 months off really made me want it so much more.”

In August last year, she proved any doubters wrong, taking part in Australia’s World Cup-winning campaign.

Tipped to be a regular in the Diamonds mid-court for years to come, she said while pulling on the green and gold is in the mind of every Australian in the ANZ Championship, her focus is on simply doing her job each week.

“Obviously you’d love to wear the green and gold always, but I try not to think about that stuff because if you worry about the stuff which you can’t control, I think it impedes your performance,” she said.

“For me, it’s just doing my job for the Swifts – whatever that may be, wing attack, centre, on the bench – whatever that is, play my role.”

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Marie Claire Mexico dedicates new issue to Ivanka Trump’s support of Donald Trump

Marie Claire’s Mexican publication has a launched scathing attack on Donald Trump’s daughter for continuing to support her father.
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The fashion magazine’s July issue is dedicated to Trump’s glamourous daughter, Ivanka, and features a photoshopped image of the former model on the cover.

Under her image reads: “Dear Ivanka, how long will you defend your father?”.

The entire edition is devoted to articles penned by Latin American and Mexican journalists, academics and artists imploring her to save the world from the presumptive Republican nominee.

“I’d like to ask you, from the bottom of my heart, if supporting your dad’s strategy is the best thing for you, as a woman or the best for your country and, consequently, mine,” editor-in-chief Daniela Von Wobeser’s opening letter reads.

“Do you think your father would be the leader America deserves? Do you think the values he promotes are the ones you want your three children to inherit? My mind is full of questions as I read and see things that unfortunately he has done and said, and…it is hard for me to think that you, a privileged and educated woman, tolerates this dangerous ideas, especially as an immigrant’s daughter yourself.

“I understand no one chooses their parents, but sooner or later we have to understand that being a father does not exclude you from human degradation and, therefore, it’s [up to] us, their children, to [break] from them when [they] voluntarily choose that path, or be doomed to live the same destiny.” #QueridaIvanka ¿Qué le dirías a la hija de Trump? No te pierdas nuestra edición de julio y únete a la conversación. pic.twitter南京夜网/M5HObBemie— Marie Claire Latam (@MarieClaire_LA) June 24, 2016

While the mother of three, who is an entrepeneur like her father, has not waded into the politics of the presidential campaign she has been a strong presence on the Trump trail.

The 34-year-old has so far stood by her father during his feud with journalist Megyn Kelly, that started with him making indecent comments about the female reproductive cycle, and didn’t refute his claims that women should be punished for seeking abortions.

At the Forbes Women’s Summit earlier this year she praised him for his honesty and for elevating the campaign.

“He has created a dialogue around issues, which really is a powerful thing,” she said. “When you think about leadership it’s setting the agenda, and he has set the agenda on all the issues that were discussed. And I think that is quite powerful.”

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Gasoline Machine: Victims come forward after car repossessed

Cinthia Elias waited more than a week for her Audi TT to be returned. Photo: James Brickwood Cinthia Elias’ Audi TT on show, when she bought it for $43,000. Photo: Supplied
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Larry Emdur (centre) with Rove McManus at Emdur’s 50th birthday party at the Gasoline Motor Co warehouse. Photo: 梧桐夜网gasoline南京夜网419论坛

The website of Gasoline Motor Co., the company under which Gasoline Machine traded. Photo: 梧桐夜网gasoline南京夜网419论坛

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Cinthia​ Elias thought she was going crazy when she could not find her car after finishing a Pilates class last Tuesday.

It was 7.20pm when she emerged from the studio in Alexandria to find that her white Audi TT was no longer where she had parked.

“I spent 20 minutes walking up and down the street looking for my car in the dark [and] cold while crying on the phone to my sister,” she said.

“I called the police … only to get a call back from Mascot police station advising that the car had in fact been repossessed by Volkswagen Financial Services … [which] seemed very strange as our car finance was done through ANZ financing, not Volkswagen.”

Audi is owned by the Volkswagen Group.

Mrs Elias and her husband Roly had purchased the car last year through the now-suspended and liquidated Gasoline Machine Pty Ltd, the Alexandria-based automotive business being investigated for failing to deliver at least $600,000 to customers in consignment deals.

The company was the subject of a public warning from NSW Fair Trading not to deal with the director of Gasoline Machine, Matthew Hale, or the sole director of Gasoline Australia (NSW) Pty Ltd, Jason Leppa. Both companies had been trading as Gasoline Motor Co.

Previous reports about the business have highlighted the losses of consumers yet to receive payment for the sale of their car, including television personality Larry Emdur, whose car was sold without his knowledge or permission.

However, the Elias’ are among the first victims to have had their car repossessed after unknowingly purchasing a vehicle for which Gasoline Machine allegedly had not paid.

“We contacted the broker we dealt with at the time of purchase from Gasoline Machine. He confirmed that the previous owner of the vehicle had the car financed by Volkswagen Financial Services,” Mrs Elias said.

At the time of purchasing the car for $43,000, Mr and Mrs Elias paid $15,000 in cash to Gasoline Machine and borrowed the remaining amount through a financing arrangement with ANZ.

“We have supporting documents to prove to Volkswagen Financial Services that the car is in fact registered in my husband’s name and that repayment for the loan of the vehicle are under ANZ and have been paid on time for over a year now,” Mrs Elias said.

“If ANZ paid this to Gasoline Machine, then where did that money go? Clearly not to Volkswagen or else we wouldn’t be where we are today.”

Legal representation for Gasoline Machine director Matthew Hale declined to comment.

Two days after his wife’s car was taken, Mr Elias was told by Volkswagen that it was concerned a new financing arrangement had been put in place, when it already had finance over the car.

Mr Elias said he was told “if ANZ do have [a notice on the] Personal Property and Securities Register then we have a dual encumbrance on the vehicle. If Volkswagen have encumbrance first then that voids ANZ’s.”

After issuing legal assistance last Friday, Mrs Elias had the car returned to her on Wednesday morning. However she said she had still not been informed “where the error was,” and was seeking compensation from Volkswagen for legal fees, and a week of Uber rides.

A spokesperson for Volkswagen Financial Services said the situation involved “a possible fraud by a Volkswagen Financial Services customer … the on-selling dealership, Gasoline Machine”.

“Gasoline Machine has had a public warning issued by NSW Fair Trading regarding their business practices and has also had their motor dealer licence suspended. Volkswagen Financial Services followed the appropriate procedures in the circumstances and this issue is currently being worked through with the parties concerned,” he said.

“You should note that vehicle registration is not evidence of ownership and also that Volkswagen Financial Services holds a current PPSA registration over the company, our customer.” Latest consumer news

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Keystone collapse: Jamie Oliver, JP Morgan banker, former Ten boss, and Wallaby emerge from rubble

Celebrity chef Jamie Oliver-branded chain Jamie’s Italian is caught up in the Keystone collapse. Grant Blackley has been caught up in the Keystone collapse. Photo: Robert Shakespeare
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JP Morgan’s Rob Priestley has been caught up in the Keystone collapse. Photo: Louie Douvis

The Woolloomooloo Bay Hotel in Kingsley is among Keystone’s stable of businesses. Photo: Jane Dyson

The Sugarmill in Kings Cross is the only venue that has poker machines. Photo: [email protected]南京夜网419论坛

The collapse of the company running some of Sydney’s favourite bars and restaurants has caught up some of the city’s high-profile names as investors.

Former Ten Network boss Grant Blackley, the head of investment bank JP Morgan, Rob Priestley, and former Wallaby Steve Lidbury are among investors linked to the Keystone hospitality group, which has collapsed owing nearly $80 million.

Keystone, which runs venues throughout Australia such as the celebrity chef Jamie Oliver-branded chain Jamie’s Italian, as well as Sydney staples Kingsleys, the Sugarmill, Cargo Bar and Bungalow 8, was placed into receivership late on Monday after lenders KKR Asset Management and Olympic Capital Holdings Asia called time on the business, which expanded aggressively nationwide in 2014.

Morgan Kelly, of Ferrier Hodgson, said Keystone had been “placed into receivership by a syndicate of lenders due to an inability to reach agreement with the board on key aspects of the Keystone Group’s financial structure”. The businesses are continuing to trade and Mr Kelly will try to sell them, either as a whole or as part of a break-up.

Buoyed by the success of its Sydney operations, the group eyed national expansion in 2014, borrowing $80 million from KKR and Olympic in a “financial assistance” deal to fund the purchase of Pacific Restaurant Group, which owned Jamie’s Italian restaurants in Sydney, Perth and Canberra.

But Keystone’s accounts showed that by the middle of last year, the company was at odds with its lenders who enforced a standstill after its debts grew and demanded Keystone shareholders inject fresh capital. Despite record-low interest rates, Keystone was paying interest of up to 8 per cent on the loans.  It’s understood a debt repayment was due as soon as this week. Keystone’s auditors PwC expressed “material uncertainty regarding continuation as a going concern” after the company reported a net loss of $20 million.

To bring the business back into line, nearly $10 million in annual savings was identified, along with a raft of asset sales including the Newtown Hotel, Cargo Bar and Bungalow 8, Kingsley’s Woolloomooloo and a potential sale of Jamie’s Italian businesses.

Among shareholders of Keystone Australia Holdings are Grant and Nicole Blackley, who hold 1.5 million shares. Mr Blackley heads Southern Cross Austereo. A company controlled by JP Morgan boss Rob Priestley holds a million shares. Former Wallaby Steve Lidbury holds 300,000 shares. Originally $41 million was raised from shareholders at $1 a share.

Industry observers say one of the main problems to beset the food and beverage business Keystone Group is the lack of gaming machines to bring in much-needed revenue.

Out of the 17 venues that it operates and owns, only the Sugarmill in Kings Cross has poker machines, and only 24 of them.

Pub and food agents said it was a model that was always having trouble because more money was going out than coming in. One said “you need at least 240 machines to keep a business this size operating”.

The company was burning cash on the Jamie Oliver brands, rent and upkeep of the hotels and restaurants, the need to have well-known branded and hence highly paid chefs in the hotels – leading to high prices for patrons – and staff wages.

Sydney’s lockout laws were also cited by agents as affecting city venues Bungalow 8 and Cargo Bar and at Kings Cross, including the Gazebo and Sugarmill.

Overall the assets, being leasehold and freehold, could reap about $100 million and could be sold in one line or separately.

Keystone also has a wide geographical spread, from the bars and restaurants in Perth to Adelaide and Brisbane, and across Sydney from Manly to Parramatta. Until April, Keystone also operated The Stables bar in the new members’ stand at Randwick that is now under the management of the Australian Turf Club.

Keystone was established more than a decade ago by businessmen Fraser Short and John Duncan.

Ferrier Hodgson said it was interested in selling the businesses either as a whole or via a break-up.

Employees will continue to be employed on the same terms and conditions as before the appointment of the receivers.

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