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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.”

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

    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.

    Chance to comment on federal electoral boundaries

    2019 - 08.21

    ST GEORGE residents are invited to submit written suggestions about the redistribution of federal electoral boundaries in NSW.
    Nanjing Night Net

    The acting Australian Electoral Commissioner Kevin Kitson said interested individuals and organisations could provide written suggestions and comments about the redistribution, which will see NSW decrease its representation from 48 to 47 federal electoral divisions.

    “Written suggestions must be received by the Redistribution Committee for NSW by Friday, May 22, to allow them to be considered,” he said.

    Mr Kitson said that in making its proposal of revised electoral boundaries, the committee must ensure the number of electors in each division meets strict numerical criteria.

    “In addition, the committee will consider communities of interest, means of communications and travel, and the physical features and area of the proposed divisions.”

    – The best way to lodge a submission is via the AEC website, where there are more details on the proposals. Go to aec.gov419论坛/nsw-redistribution

    – Suggestions and comments can be submitted by email to [email protected]论坛

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

    CDHBU crushes Hume League premiership favourites

    2019 - 08.21

    PRESSURE: The Rock-Yerong Creek player Bradley Hare chases down North Wagga’s Chris Willis at McPherson Oval on Saturday. Picture: Kieren L Tilly
    Nanjing Night Net

    THE upsets continued in the Hume Football Leaguewith CDHBU bringing down the premiership favourites Brocklesby-Burrumbuttockby 22 points.

    AfterBurrumbuttockkicked the first two goals of the match, CDHBU went on a goal scoring spree with power forward Luke Cowan just about unstoppable.

    Of the next 10 goals kicked in the half CDHBU booted nine of them with Cowan the catalyst kicking seven of them to set up lead of 38 points at half-time.

    Brocklesby-Burrumbuttock came back in the second half but the damage had been done as the Power moved into third place on the ladder.

    Osborne finally got on the winner’s list when they easily defeated old rivals Lockhart at home by 46 points.

    A scintillating first half that had Osborne kick 10 of the 11 goals set up the win with Marty Bahr, Alec Rowell and Connor Galvin amongst the Cats best.

    Lockhart had its best moments in the final term when courtesy of Zac Sheather and Mitch Sykes they were able to outscore the home team.

    The win was just the boost Osborne needed after several close losses and the big loss of Matt Clark for the season through injury.

    Henty produced its best form for the season defeating Howlong at home by 14 points in a high standard encounter.

    It made it two wins in a row for the Swampies, whilst it was the Spiders second defeat in a row after they had started the season so well.

    Big Roy Jaques was best on ground for Henty dominating the ruck and giving the midfield first use of the ball in a great duel with Spiders Peter Hancock.

    James Gray booted four goals for Howlong, while Beau Walker, Troy Price and Ben Baker stood out. Both sides will more than likely clash again come finals.

    Walla made it two wins on the trot with a hard fought win over rivals Culcairn at Culcairn, with Coach Matt Jaensch the star for the winners.

    Jaensch kicked eight goals to be clearly best afield. Jayden Holt, Craig Lieschke and Ethan O’Donnell who also crossed over from the Tallangatta FL starred as well.

    Culcairn again got excellent service from Nick Wright (three goals). Simon McLeish, Hayden Smith and Kaden Slatter all played well in a dour battle.

    The Lions now sit at the bottom of the table.

    Walla, with two wins and a bye, have rocketed into seventh position.

    Jindera jumped into second place on the ladder when they proved to classy and experienced for the young Holbrook outfit at Jindera.

    With Jindera coach Josh Walker in great form up forward kicking eight goals, the Bulldogs were never threatened after quarter time.

    Sam Myors played his best game for Jindera since joining this year, while Mick Blomley and Andrew Wilson showed there class and poise.

    Holbrook got good service out of Keiran McCarthy, Will Heriot, Lachie Trethowan and Andrew Mackinlay.

    Murray Magpies moved into top place on the ladder with an 21 point win over a tenacious Billabong Crows at Lavington Sportsground.

    Zac Kerr was best for the Crows in a good team effort, while for Magpies it was Dylan Hartin and Hayden Edwards who got the job done.

    NEXT WEEKROUND SIX

    CDHBU v Henty

    Holbrook v Osborne

    Howlong v Rand Walbundrie

    Lockhart v Brock Burrum

    Billabong Crows v Jindera (Urana)

    Walla v Murray Magpies

    Culcairn bye

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

    Eat/Drink: Fancy curry beer?

    2019 - 08.21

    Mad for beer: Englishman Neal Cameron made a “curry beer” for The Great Australasian Beer SpecTAPular festival on May 30. Picture: Natalie RobertsEver wondered what beer and curry would taste like together?
    Nanjing Night Net

    Brewers at the Australian Brewery in Rouse Hill wanted to test the flavours and made a beer with curry spices.

    The Mad Mad Madras beer will be one of 120 beers created especially for the annual The Great Australasian Beer SpecTAPular at the Australian Technology Park in Eveleigh.

    Master brewer Neal Cameron said it’s an opportunity to try things he wouldn’t normally.

    “We enjoy the challenge of pushing the bounds of what’s possible and what’s sensible,” he said.

    “The beer is rich dark ale made with basmati rice and flavoured with tamarind, cumin, coriander, ginger and garam masala — all the key flavours of a good curry.”

    Click here for details.

    Feast of flavours

    The first Sydney Hills Curry Festival is at Castle Hill this Sunday, May 17.

    Dishes from India, Sri Lanka, Pakistan, Bangladesh, Thailand and Malaysia will be available.

    Visitors will be treated to South Asian and subcontinental entertainment, stalls, henna tattoos and kids’ rides.

    The festival is being run by The Hills Council in partnership with Event News Production Company and Nitin Madan, which managed the Holi Mela event at Blacktown.

    Details: May 17, 10am-5pm, Old Northern Road, Castle Hill.

    Eat/Drink: Delicious food and great live music

    2019 - 08.21

    Nanjing Night Net

    Perfect combination: George Washingmachine is one of the musicians who play at the Lunchtime Jazz series at Wisemans Ferry. Picture: Melissa Adams

    There is something special about having a delicious meal among friends with the sound of live music being played in the background.

    Sure, some places have the speakers turned up too loud, but there is plenty out there to choose from and you can find the food and music combo that is just right for you.

    If you’re after something special, Riverbend Restaurant, Wisemans Ferry, has lunchtime jazz bi-monthly on Sundays.

    For $49 visitors enjoy a three-course meal and three hours of jazz.

    The next event is on June 14 with musician Bob Henderson. Click here for details.

    Other places like the Atura Hotel in Blacktown and The Lucky Australian Hotel in St Marys choose to feature aspiring singers as entertainment for patrons.

    Every Saturday night there is an open mic night at Atura Hotel (aturablacktown南京夜网419论坛) and The Lucky Australian Hotel has karaoke on Fridays. Click here for details.

    Bigger clubs have a diverse program with a mix of bands and acoustic singers.

    Rouse Hill

    ■ The Fiddler

    ■ Ettamogah

    ■ Australian Hotel and Brewery

    Penrith

    ■ Hank’s Seafood Restaurant (Penrith Panthers)

    ■ King Henry’s Court

    St Marys

    ■ Waterstone Grill (St Marys Leagues Club)

    The Hills

    ■ Castle Hill RSL

    ■ Hillside Hotel

    Parramatta

    ■ Cosmopolitan Bar and Restaurant

    ■ River Canyon Restaurant

    Songbirds team up for magical night

    2019 - 08.21

    Young: Mark Vincent launched his career as a tenor on the third season Australia’s Got Talent in 2009. He was only 15.
    Nanjing Night Net

    TWO of our best opera singers are re-uniting to celebrate classical opera and musical theatre.

    Australia’s most famous female opera singer, Marina Prior will join Mark Vincent to perform at Blacktown Workers Club.

    They’ve performed together before.

    “It was two years ago in Canberra,” Vincent said. “I was overwhelmed when I met her — she’s the Sarah Brightman of Australia!

    “She has such a beautiful voice.”

    Prior told the Sun performing with Vincent, who won Australia’s Got Talent in 2009, was “terrific” and they worked well together on stage.

    Both the performers shared their idea of what makes a successful duet, and came to similar conclusions.

    “Your voices have to blend well together,” Prior said. “We both have to have the same understanding of the lyrics.

    “It wouldn’t work if the other singer thought the song meant something different to you.”

    Established: Marina Prior said she sees a younger and more inexperienced self in her duet partner, saying “there’s no steady climb for him – he’s growing and learning in front of an audience”.

    Prior said while some of those ideas are discussed beforehand, much of it comes from an intuitive understanding of the song: “It’s about having the same musical language.”

    Vincent had a similar sentiment, but added that chemistry was an essential ingredient.

    “It’s about communication,” he said.

    “It’s very important to get along.

    “If two voices are different, it doesn’t sound right.

    “They can tell when they get along and like each other — John Farnham and Olivia Newton John worked because they were friends.”

    Vincent said he was excited to be performing with Prior again and drawing from her experience.

    “She’s been in the business for 30 years,” he said. “It will be such a benefit to be performing with her.”

    The pair will perform a two-hour show with an orchestra.

    Details:Tickets are $30-$38 in the Diamond Showroom. 8pm, 55 Campbell Street, workersclub南京夜网419论坛.

    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.