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  • Budget blues dampen Chinese rate cut’s boost to Australian shares

    2018 - 07.05

    A cut in Chinese interest rates at the weekend has sparked a short-lived surge in Australian shares on Monday morning and analysts predict more Chinese monetary easing.
    Nanjing Night Net

    China cut its benchmark one-year lending rate by 25 basis points to 5.1 per cent and its benchmark deposit rate by the same amount to 2.25 per cent at the weekend.

    The news of the cut – plus a very strong 1.5 per cent lift in the Dow Jones on Friday – pushed the local sharemarket indexes 0.9 per cent higher after the open.

    However, the market soon fell back on domestic factors, IG Markets strategist Stan Shamu said.

    “The cut had a pretty positive impact, we got off to a good start,” he said. “It had a big impact but it then turned very minor.”

    Another sell-off of the banks and general jitters ahead of Tuesday’s federal budget stripped the local market of all its gains before noon, he said.

    At 1.20pm AEST on Monday, the S&P/ASX 200 was up just 0.09 per cent at 5639.4.

    The cut in rates by the People’s Bank Of China was the third in six months. The central bank is trying to lift growth in what appears likely to be China’s worst year in a quarter of a century.

    The PBOC acknowledged that “China’s economy is still facing relatively big downward pressure”.

    “At the same time, the overall level of domestic prices remains low, and real interest rates are still higher than the historical average.”

    The rate cut followed weaker than expected April trade and inflation data, which analysts said may have spurred the PBOC decision.

    “In a nutshell, we are neither surprised nor impressed by this interest rate cut,” Societe Generale analyst Wei Yao said. “If economic growth continues to slide, policy easing will have to step up as well.”

    Westpac analyst Jonathan Cavenagh said further Chinese monetary easing was likely.

    “Sunday’s announcement is unlikely to be the last, with our economics team expecting the one-year lending rate to be 4.6 per cent by year’s end, while the required reserve ratio is expected to fall to 16.5 per cent from the current 18 per cent.”

    Sentiment in Chinese shares should be improved by the cut, he said.

    The correlation between China’s sharemarket and others in the region “had not been that strong”, he said, so the spillover effect to other sharemarkets, including in Australia, was “limited”.

    Capital Economics said it also expected the required reserve ratio to fall from 18 per cent to 16.5 per cent.

    However, as inflation was expected to rise later in the year – automatically pushing real interest rates down – further cuts to benchmark rates by the PBOC were unlikely, it said.

    “Today’s cut to benchmark interest rates is not a sign of panic, as some will argue, but a rational response to weaker than expected data,” Capital Economics said.

    “Policymakers have room to act more forcefully if needed but are choosing to dole out stimulus in a measured way.”

    Goldman Sachs Group economist Song Yu – who correctly declared growth in 2014 had troughed and would be followed by a rebound  – said there would be a repeat of that pattern this year.

    “Now it’s very similar to this time of last year in terms of having a combination of monetary, fiscal and administrative loosening,” said the Beijing-based economist, ranked the best overall forecaster of China’s economy by Bloomberg Rankings for the past two years. “The data in recent years consistently show us one thing: If the Chinese government really, really wants to push up short-term growth, they can.”

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    Federal budget 2015: Business confidence flat in April ahead of budget, says NAB

    2018 - 07.05

    “Until confidence lifts significantly it is difficult to see a sustained economic recovery developing.” NAB chief economist Alan Oster. Photo: Michele MossopBusiness confidence was unchanged in April, according to the latest National Australia Bank survey, as uneven economic growth, uncertainty around Tuesday’s budget and continued weakness in consumer spending and unemployment weighed on sentiment.
    Nanjing Night Net

    NAB’s latest monthly business survey of more than 400 companies, found no change in the mood from March, at 3 index points, after a jump from zero in February. Business conditions, meanwhile, slipped from 6 to 4 points, giving back some of the gains posted between February and March.

    NAB chief economist Alan Oster attributed the movements to resurgent uncertainty about growth patterns, unemployment trends and consumer behaviour.

    He said the impact of the interest rate cut by the Reserve Bank of Australia in February had so far proved limited, although last week’s cut, to 2 per cent, should provide stimulus beyond the investor housing market.

    “Until confidence lifts significantly it is difficult to see a sustained economic recovery developing,” Mr Oster said.

    “To date, rate cuts have not appeared to do much and it will be interesting to see what, if anything, this week’s Federal Budget will do.”

    With the Federal Government committed to spending restraints, the central bank has been under more pressure than usual to stimulate demand and investment through lower interest rates.

    However, some economists have warned that too much monetary easing can be counterproductive, with the potential to sharpen, rather than smoothen out, imbalances in the economy. Queensland Investment Corporation chief economist Matthew Peter said on Monday low interest rates were helping fuel double-digit house price inflation in Sydney, for example.

    “That’s all a function of the interest rate being forced down much lower than it would need to be if there were some other demand-side stimulus to support the economy – and that naturally would come from fiscal policy,” he said.

    NAB’s Alan Oster also noted from the survey that  investment was patchy as the much-need transition away from resource-linked infrastructure remained narrowly-based.

    “Low interest rates are having a notable impact on the most sensitive sectors of the economy, like investor housing, and the recent rate cut in May should further contribute to these trends,” said Mr Oster.

    “Nevertheless, pass-though to the broader economy has been somewhat mixed.”

    He once again highlighted business reluctance to invest in new capacity as a drag on the economy, despite some signs of a pick-up in the consumer mood.

    Trading and profitability both slipped in the April survey, while labour, input and retail costs were largely flat.

    He said the lower Australian dollar should have fed through to higher input costs, which would eventually be passed on to consumers.

    However, the currency impact appeared to have been offset by lower oil prices.​

    This story Administrator ready to work first appeared on Nanjing Night Net.

    Motley Fool: The real losers from lower rates

    2018 - 07.05

    For almost two years now investors have been taking out more mortgages than first home buyers.When the Reserve Bank of Australia cut interest rates last week, we saw the traditional fanfare over winners and losers from the decision.
    Nanjing Night Net

    For the couple paying off a mortgage on a house they bought ten or twenty years ago, it was all upside. A lower rate reduces those interest payments and puts upward pressure on house prices, making them richer on paper and – due to lower interest payments – quite immediately boosts their spending money (or means they can pay off that loan more quickly).

    On the other hand, retirees living in their own home off the income from term deposits, are seen as the victims. Lifelong savers, these people have too much cash to deserve the pension, but can’t afford to live off the interest. Worryingly, they are eating into their principle. They are the first to receive our sympathy.

    That’s fair enough, but we hear a less about the impact on young adults. Still studying, or at the beginning of their careers, they are saving for a house deposit, often with a partner or spouse. The only problem is, their savings don’t earn more than 3% in the bank, and – even putting aside a generous portion of their moderate pay package – house prices seem to outstrip even their best efforts at saving.

    Big city property booming

    House prices across the 5 largest capital cities are up 8% in the last year. Sydney has seen faster growth, with prices up 14.2% in the last 12 months, according to data from CoreLogic. There’s little doubt this growth has been assisted by successive interest rate cuts. As a result, many young couples working in east coast cities, hoping to build their own nest, face little prospect of success in that regard. At least, not without some help from Mum and Dad.

    Unfortunately, this leads to inequitable outcomes. Since support from Mum and Dad is now important in getting into to property, young couples who don’t get that help are faced with significant hurdles to home ownership. This is particularly true in Sydney or Melbourne.

    Adding insult to injury, some say that lower interest rates are to their advantage. After all, they are told, now they can afford to borrow more money. While true, this fact is hardly good news. It isn’t just first home buyers who can afford to borrow more. It’s everyone, including investors. And those same investors also benefit from the tax break afforded by negative gearing.

    Indeed, for almost two years now investors have been taking out more mortgages than first home buyers. For the entirety of 2015, first home buyers have accounted for less than a third of new Australian mortgages, according to data from the Australian Finance Group. That’s a strong indication that investors are crowding first home buyers out of the market.

    Are there better options?

    With record low interest rates offering a paltry return on savings, it is increasingly attractive for would-be first home buyers to postpone that ambition and invest in shares instead. With shares in high quality companies yielding considerably more than term deposits, the benefits of compounding are not out of their reach.

    In fact, sharemarket investing is one area where a younger generation may have an advantage because statistics demonstrate that the length of time owning shares is one of the most reliable indicators of overall returns. With relative youth comes a relatively long time horizon during which a high quality business with honest and competent managers can generate value for its shareholders.

    Foolish takeaway

    Ironically, buying shares is one way of benefiting from lower interest rates. By investing in a sensibly diversified portfolio of shares, a young couple can position themselves to benefit from lower interest rates without taking out a 30 year loan. While it’s no replacement for owning their own home (which is, after all, where the heart is) it may well be the most prudent decision. After all, a recent study from New York University found Sydney housing to be the third-least affordable in the world, with Melbourne not far behind at sixth.

    Attention investors:Don’t miss our new report on our #1 ASX share pick for 2015. This growing, highly profitable tech company has all the makings of a great long-term investing – not least of all a generous, fully franked dividend. Your copy of our brand-new report is free, so just click here now to get your copy.

    Claude Walker is a Motley Fool investment analyst. You can follow Claude on Twitter @claudedwalker. The Motley Fool’s purpose is to educate, amuse and enrich investors. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

    This story Administrator ready to work first appeared on Nanjing Night Net.

    Two local wineries to open cellar doors

    2019 - 07.22

    WINE TIME: Foodies Paul Cracroft-Wilson, Melissa Howard, Sophie Weekes, Bec Ashley and Ash Chapple try the wines at Bawley Vale Estate during last year’s Shoalhaven Coast Winter Wine Festival.Following their semi-retirement, the owners of Fern Gully Winery at Termeil will take a well earned rest from this year’s Shoalhaven Coast Winter Wine Festival.
    Nanjing Night Net

    Fern Gully’s Max and Glenda Staniford have been involved with the festival since its inception 12 years ago and have been advocates for the growth of the Shoalhaven Coast wine growing region which stretches from Kiama in the north to Durras in the south and west to Kangaroo Valley.

    While the Stanifords will not be hosting their usual June long weekend activities, two local wineries will open their cellar doors for the festival.

    Bawley Vale Estate and Cupitt’s wineries are cooking up a storm in the lead up to the event which look set to attract thousands of local and visiting foodies to the region from June 6 – 8.

    Now one of the most diverse and well organised festivals on the wine calendar and supported by Destination NSW, the festival offers a range of events from wine tasting and cellar door tours, to live music and degustation dinners.

    Cupitt’s Winery will kick off the festivities with a mouth-watering four-course winemaker’s lunch, matched with Cupitt’s wines, and continue the weekend with their popular long table lunch on the Sunday.

    Or guests can enjoy mulled wine and the warmth of open fires while munching on a wood-fired pizza.

    Down the coast Bawley Vale Estate will host cellar door tastings, rock `n’ roll in the vines and a five-course wine appreciation extravaganza at Millards Cottage Restaurant.

    Nine wineries will take part in the festival, with more information available from the website: 梧桐夜网shoalhavencoastwine南京夜网419论坛

    This story Administrator ready to work first appeared on Nanjing Night Net.

    Highway upgrade connects the city

    2019 - 07.22

    DETAILED design is under way for the Prospect Highway upgrade between Reservoir Road at Prospect and St Martins Crescent at Blacktown to improve travel for all road users.
    Nanjing Night Net

    The upgrade will expand the two-lane road to a four-lane divided road with new bridges across the M4 and the Great Western Highway.

    “The detailed design contract for this main road corridor — which connects the city of Blacktown with the M4 — was awarded to SMEC and design work is expected to be completed at the end of this year,” a Roads and Maritime Services spokesman said.

    “The state government has allocated $3 million this financial year to continue planning the upgrade which aims to increase safety and cater for expected traffic growth in the area.”

    A new two-way link road will also be built as part of the work between the Great Western Highway and the Prospect Highway.

    A right-turn lane will be installed from Stoddart Road and a third southbound lane built between the Stoddart Road intersection and the Great Western Highway eastbound entry ramp.

    New traffic lights, a pedestrian footpath and kerb side bus lanes will be installed to improve safety.

    A new roundabout will be installed at the intersection of Keyworth Drive and Hadrian Avenue and the right-turn lane into St Martins Crescent.

    New footpaths will be installed along the southern side of Blacktown Road between Hollydale Place and Prospect Highway and on the eastern side of the Prospect Highway between Lancelot Street and Blacktown Road.

    Three new sections of shared path will be installed between the upgraded pedestrian underpass and old Church Lane shared path on the western side of the Prospect Highway and Keyne Street.

    Back like a boomerang: reprocessed nuclear waste from France to Lucas Heights

    2019 - 07.22

    Nuclear waste sent to France for reprocessing will be returned towards the end of this year to the Lucas Heights nuclear facility for storage.
    Nanjing Night Net

    The Australian Nuclear Science and Technology Organisation (ANSTO) announced it had been granted a licence to operate a temporary waste store until a national repository was created.

    Approval was given by independent regulator, the Australian Radiation Protection and Nuclear Safety Agency (ARPANSA), which had approved the site and construction start previously.

    An ANSTO spokesman said work was close to completion.

    ‘‘It is international best practice that countries such as Australia, whose health system and economy benefit from a nuclear program, have a responsibility to deal with the by-products,’’ he said.

    ‘‘In line with best practice and French law, the waste will leave France by the end of this year.’’

    HIFAR-spent nuclear fuel rods, generated during medical production at Lucas Heights over 50 years, were sent to France and the UK for treatment to make the waste suitable for permanent storage.

    The contract stipulated that the waste after it was reprocessed for permanent storage be returned by the end of 2015.

    More in the Leader on Tuesday.

    Do you have any concerns about the transfer or storage of the waste?

    This story Administrator ready to work first appeared on Nanjing Night Net.

    Our bad record on old growth forest

    2019 - 07.22

    What will be left: Australia has been named as one of the countries responsible for the mass destruction of old growth forest. Picture: Erin JonassonAUSTRALIA has been named and shamed as one of the countries responsible for the mass destruction of old growth forest.
    Nanjing Night Net

    World Wildlife Fund’s (WWF) The Living Forests Report: Saving Forests at Risk reveals 70 per cent of eastern Australia’s forests have been cleared or disturbed, and only 18 per cent is protected.

    The report said the future of temperate forests and rainforests in NSW and Queensland would worsen if laws controlling deforestation were weakened.

    Dr Oisin Sweeney, science officer at the conservation organisation National Parks Association of NSW, said he was not surprised by the findings.

    “Australia is the only developed nation on the list; this should come as a big wake-up call for politicians,” he said.

    He said while there was still a lot of forest on the eastern seaboard much of it was degraded, often through native forest logging.

    “It is still recoverable, it will take some investment to get on top of some of the issues.”

    A Sutherland Shire Environment Centre spokeswoman said more than 1500 established trees were lost each year in the region and Sutherland Shire Council’s tree-planting program replaced only a fraction of what was lost.

    “Although the shire is blessed by our forebears’ far-sighted decision to declare the world’s first national park on our doorstep, we need to honour this legacy by protecting local bushland areas.”

    This story Administrator ready to work first appeared on Nanjing Night Net.

    Book by Woman of the Year Koenig explores power of caring

    2019 - 07.22

    Power of the written word: Cheryl, Jonathan and Robert Koenig have a history of caring. Picture: Sam VennTHE 2009 Woman of the Year, Cheryl Koenig, 55, of Menai, has a connection to caring that harks back to before she was born.
    Nanjing Night Net

    Her father Frici, 84, and her father-in-law, Istvan, 87, were both full-time carers, and survived Hitler’s occupation of Romania during the Second World War.

    Mrs Koenig’s latest book, With Just One Suitcase, is a homage to Istvan and Frici’s optimism in the face of adversity.

    It has a caring element, which has helped Mrs Koenig overcome challenges in her own life.

    Mrs Koenig was diagnosed with cancer of the immune system a few years ago, and her husband Robert, 59, is her full-time carer.

    He also now helps Mrs Koenig care for their son Jono, 30, who suffered brain damage in an accident when he was 12.

    “I started to write the book when I got sick and it was going to be short stories about remarkable post-World War II immigrants,” Mrs Koenig said.

    “Because I got given this timeline of a couple of weeks or a couple of months to live, I literally had sand slipping between my fingers and I had to get this story told about the extraordinary connection between our two fathers.”

    Mrs Koenig’s father-in-law was put into a forced labour camp when he was 16 where he was put in a one-cubic metre box for days at a time.

    “I asked him, ‘my God, how did you survive?’ and he said . . . ‘Cheryl, you only have one choice: you must just choose to survive’.

    “When I keep packing this one little suitcase [for hospital], I think of that, and I choose to be a survivor like Frici and Istvan.”

    Mr Koenig’s parents cared for his sister, who died from a neurological disease.

    Mrs Koenig’s father cared for her mother — former mayor of Hurstville, Joan Loew— during the last 10 years of her life.

    Mrs Koenig is on the NSW Carers Advisory Council and received an OAM in 2014 for service to people with disabilities, their families and carers.

    She is a Brain Injury Association life member and an ambassador of Sutherland Shire Carer Support Service.

    Jono holds four jobs but still needs help with simple tasks such as drinking a glass of water.

    HOW YOU CAN HELP

    Minister for Ageing and Disability, John Ajaka, will launch With Just One Suitcase at a gala fundraiser being held at 6.30pm on Friday, June 19,at The Grand Roxy, Brighton-Le-Sands.

    The launch raises money for Sutherland Shire Carer Support Service.

    Tickets are $130 or $1500 (corporate table of 10). RSVP by Tuesday,

    May 19, to Cheryl Koenig, [email protected]南京夜网419论坛 or 0421258379.

    This story Administrator ready to work first appeared on Nanjing Night Net.

    Garage sale for Vanuatu relief on Saturday

    2019 - 06.21

    A student at the Pango Centre School library in Vanuatu before it was ruined by Cyclone Pam.CLEVELAND District State High school is organising a Monster Garage Sale on Saturday, May 16 to raise money for Vanuatu relief efforts.
    Nanjing Night Net

    The fundraising event will be held in the Smith Street Community Hall and locals are encouraged to donate items for the sale.

    The school has close ties with Pango Village, a town close to Port Vila, and money raised will fund Cleveland High’s Vanuatu Library Project.

    Deputy principal Robyn Przewloka said her school had formed a strong bond with Pango Centre School for the past 10 years by helping build libraries and classrooms.

    “In addition to supporting our sister school community, our staff and students have built a kindergarten and resourced a number of kindergartens and school libraries in the area,” she said.

    She said that after the devastation of the cyclone, the school had been fundraising to help the people of Pango Village.

    “Our immediate concern is food and repairs to the school and kindergarten,” she said.

    The school’s chaplain, Neale Collier, was currently in Vanuatu and had arranged rebuilding with the funds raised so far.

    “He has also bought beans, cabbage, sweet potato, yams and roasted peanuts and has been delivering those items to families throughout the village,” she said.

    Mr Collier said now that immediate concerns of repairs and food relief were being relieved, it was time to concentrate on replacing the libraries that were lost in the cyclone.

    “A lack of literacy in the Pacific Islands is a major problem and Vanuatu is considered one of the worst,” he said.

    “Vanuatu has dedicated teachers, but poor teaching and learning resources.”

    He said the school dispatched a team to build libraries in three remote schools in Espiritu Santo in 2014.

    “The books have resulted in an immediate improvement in literacy, more enthusiasm for reading among children and resources for teachers,” he said.

    Items can be dropped off at Smith Street community hall on Friday, May 15 from 10am to 7pm, but larger items can be picked up by a volunteer.

    For more information or to have an item picked up, contact the school on 3824 9222 with your name, address and a brief description of the items to pick up.

    This story Administrator ready to work first appeared on Nanjing Night Net.

    Festival features island-style ukulele

    2019 - 06.21

    REDARTSis excited to have Bobby Alu coming to Cleveland to perform for the first time at Redlands Ukulele Festival.
    Nanjing Night Net

    On Saturday, June 13, Bobby will conduct a workshop and two solo sets on ukulele, snare and log drum for the daytime and evening concerts.

    His workshops and concerts will be popular, so book early at 梧桐夜网trybooking南京夜网.

    Festival goers will witness Bobby’s smooth soul island sound, afro rhythms, hint of pop and good vibes.

    In Bobby’s Samoan Island Style Uke workshop, he will give an insight to his Samoan island style of playing ukulele along with his history and understanding of the instrument from the perspective of his Samoan heritage.

    More information at 梧桐夜网red landsukulelefestival南京夜网419论坛

    This popular performer has performed overseas for six years and won the most popular male at the recent Queensland Music Awards.

    The rising star has performed at numerous music festivals, including Byron’s Bluesfest, Woodford Folk Festival, Nannup Festival and Island Vibe, and is an increasingly in-demand performing artist.

    Expect a fresh, simple sound with tastes of Polynesian ukulele, pacific beats, catchy songs, and powerful log drumming.

    His albums include Take it Slow and, more recently, his song Changes Changes was included on the world-renowned Putumayo Australia compilation.

    In Bobby’s ‘Samoan Island Style Uke’ workshop, he will give an insight to his Samoan island style of playing ukulele along with his history and understanding of the instrument from the perspective of his Samoan heritage.

    During the workshop, he will teach participants chords, island strumming patterns and an island song.

    For more information, visit 梧桐夜网redlandsukulelefestival南京夜网419论坛

    This story Administrator ready to work first appeared on Nanjing Night Net.

    NSW weekly cattle summaryMay 7 2015

    2019 - 06.21

    Numbers slip
    Nanjing Night Net

    Cattle consignments in NSW slipped 2 per cent, week-on-week, for a total of 24,655 head.

    Wagga added 12 per centmore for a penning of 4397 head, as Forbes lost 17 per centat 1378 cattle. Tamworth fell by 14 per centand yarded 1675 head and CTLX consigned an extra 24 per cent, to total 3830 head. Gunnedah added another 14 per cent, compared to the previous market and penned 2480 cattle, while Inverell nearly halved its numbers at 805 head. Scone and Singleton both penned fewer cattle for a total of 1040 and 700 head, respectively, while Armidale lifted 11 per centto offer 2000 head. Casino lost 13 per cent, to total 1720 head and consignments at Dubbo slipped 2 per cent, for a penning of 4630 cattle.

    Prices push higher

    The younger cattle throughout most categories trended dearer, with the vealer steers to the restockers lifting 3¢, as the medium weights ranged from 218¢ to 286¢/kg. The equivalent weighted heifer portion gained from 2¢ to 15¢, with those to the processors realising the greater gains and averaging 234¢, after reaching 260¢/kg.

    Medium weight yearling steers to the lot feeder orders trended 8¢ dearer, making from 222¢ to 286¢, while the heavy weights also topped at 286¢/kg. The yearling heifers to the lot feeder orders trended 3¢/kg dearer. The prime conditioned younger cattle to the butchers lifted 3¢ to 10¢ and more in places, with the best topping at 286¢/kg.

    The heavy weight grown steers suitable for slaughter sold 6¢ to 12¢ dearer, with the bulk selling around the 254¢ to 260¢ range, after reaching 288¢/kg.

    Cows sold firm to 4¢ cheaper, as the plainer 2 scores averaged 168¢, with the better covered 3 and 4 scores ranging from 149¢ to 228¢/kg. Heavy weight bulls topped at 267¢/kg.

    This story Administrator ready to work first appeared on Nanjing Night Net.

    IN BRIEF

    2019 - 06.21

    $74m aim for Salvos
    Nanjing Night Net

    The Red Shield doorknock campaign for 2015 aims to raise $74 million to aid its community works.

    The appeal was launched by Governor General Sir Peter Cosgrove on Friday at Rooty Hill RSL Club.

    Volunteers will come knocking on the weekend of May 30-31.

    Details: blacktownsun南京夜网419论坛.

    Eat outside smoke-free

    Western Sydney Local Health District has reminded the community that all commercial outdoor dining areas in NSW will be smoke-free from July 6, under the Smoke-free Environment Act 2000.

    It means staff and patrons of hotels, clubs, restaurants and cafes will be able to work and dine outdoors without being exposed to harmful second-hand tobacco smoke.

    The health service is working with businesses to help them get ready for smoke-free outdoor dining.

    The legislation applies to all ignited smoking products, including cigarettes, cigars, pipes and water pipes.

    Chance to win Hi-5 visit

    Ahead of Hi-5’s upcoming national tour, Hi-5 House of Dreams, the children’s entertainment group are giving one Sydney childcare centre the chance to win a special visit.

    The winning centre will get the opportunity to meet Hi-5, learn some new dance moves and hear the group perform some of their hit songs.

    Children can colour in the Hi-5 Dream Catcher Activity sheet that can be downloaded from lifeliketouring南京夜网/win. Entries close May 15.

    Crime forum a success

    Greenway MP Michelle Rowland has thanked Quakers Hill police, the NRMA, Glenwood Community Association and Glenwood Community EyeWatch for taking part in a community crime prevention forum in Glenwood, attended by more than 60 residents.

    “Quakers Hill police was able to put things into perspective for local residents and confirmed crime was not spiking in the local area,” Ms Rowland said.

    “But the police stressed the importance of reporting crime when it occurs and in making sure residents knew the right number to call.

    “Triple-0 is for emergencies, the Police Assistance Line is for issues that aren’t urgent and the local area command can be called for all other issues.

    “Quakers Hill police also stressed the importance of locking doors and garages as a lot of break-ins are unforced.”

    Centre helps women

    The West Connect Domestic Violence Services support group — which funds the Jessie Street Centre in Rooty Hill — received a $2000 donation last week.

    The money was raised at the recent Coral McLean Awards, an annual event organised by Chifley federal MP Ed Husic.

    “The Jessie Street Centre assists local women through crisis accommodation, community outreach support and referrals to women with or without children,” Mr Husic said.

    “Not only does it give women a safe haven, but the centre offers a safe place to plan new lives.

    “It’s important to continue contributing to Jessie Street and ensure they are able to keep providing these vital services in our local area.”

    Call the 24-hour Domestic Violence Line on 1800 656 463 if you need support.

    Festival a fun day for families

    2019 - 06.21

    It’s back: Last year’s Riverstone Festival street parade. Picture: Helen NezdropaTHE final touches are being added to parade floats and final rehearsals are under way for the annual Riverstone Festival on Saturday.
    Nanjing Night Net

    “The festival is a promotion for Riverstone as well as a good, fun day,” festival committee president Phyllis McAlpine said.

    There will be performances on the main stage, rides, antique vehicles, an art show and the famous street parade at 11am.

    Entertainment includes performances by local singers, dance groups and school choirs.

    For those who enjoying shopping, there will jewellery, clothing and other stalls.

    Food choices range from German burgers and gozleme to poffertjes and the humble sausage sizzle.

    Mrs McAlpine said the festival began in 2000 to support the Riverstone Chamber of Commerce as part of Awakening 2000, an initiative for churches to spread the word of the Gospel.

    It had no parade and only 56 stalls.

    This year’s festival has more than 100 stalls.

    “The people of Riverstone feel like they own it,” she said.

    Organisers are hoping not to have a repeat of the 2003 festival, which had to be called off due to bad weather.