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5 things to know about business Paycheck Protection Program loans

first_imgNew unemployment benefits are here, but laid-off workers are having trouble applyingShare this story: Business | Coronavirus | Economy | Federal Government5 things to know about business Paycheck Protection Program loansApril 9, 2020 by Liz Ruskin, Alaska Public Media Share:Many restaurants in Anchorage continue to offer takeout following the suspension of dine-in service on March 16. (Photo by Abbey Collins/Alaska Public Media)Many Alaska businesses on the edge of survival are looking to the Small Business Administration’s Paycheck Protection Program for a lifeline.The PPP is a major element of the $2 trillion coronavirus relief bill Congress passed last month, offering government-backed loans that can turn into grants if certain conditions are met.A lot of details aren’t fixed yet. New guidelines emerge almost daily. But Alaskans have been pummeling their bankers for answers, so here are five things you should know.1. Apply at a bank or credit union. Preferably your own.“There’s so many inquiries right now, there’s so many people coming in, that we’re really encouraging those Alaskans that are here, that they really look at their existing banks and their financial institutions. Because that’s where they’re going to get the fastest service,” said Chad Steadman, corporate lending director at First National Bank of Alaska.Demand for the PPP is so high that a lot of banks, including First National and Northrim Bank Alaska, are prioritizing applications from customers they already do business with.The loans require no collateral, but banks still have to check out the applicant. Steadman said if you already have a business loan or even just a checking account through a bank, the bank already has information on you, so that’s the place to start.You don’t have to pay the bank any administrative fees for this loan. The government pays the bank 5% of the loan amount (or less, if the loan is over $350,000).2. Yes, your loan could become a grant. But there are conditions.If you keep the same number of employees (or rehire those you’ve furloughed), and if you spend the money on payroll, insurance, mortgage interest and a few other qualifying expenses, you could have the full amount of the loan forgiven.At least 75% of the loan amount must be spent on payroll to get full forgiveness, and you’ll have eight weeks to spend it from the date the loan is made.3. The maximum loan amount you’ll get is equal to two-and-a-half times your average monthly payroll.Steadman said it’s a point of confusion: You can spend PPP money on a range of expenses, but the amount you will get is based on your payroll.What if you’re a sole proprietor and you have no payroll, no employees and take no salary for yourself? If so, Steadman said, the PPP is probably not for you.“Actually, I had this conversation with a customer just the other night,” Steadman said. The customer told him, “‘I own a bed-and-breakfast, and I don’t pay myself wages. I have been impacted by COVID-19. What can I do?’ Well, from our understanding of the rule at this point, not much, because it is based off that payroll information.”A business owner without payroll might be better suited for an Economic Injury Disaster Loan Emergency Advance, which offers a $10,000 “loan advance” that’s really a grant.But…4. Maybe PPP can help a business that doesn’t pay wages or salary.It is not entirely clear what counts as a “payroll” expense to determine the loan amount. The SBA rules say “net earnings from self-employment” will count.Steadman was pretty sure the Paycheck Protection Program wouldn’t suit that customer who owns a B&B. But later he spoke to an SBA representative who told him that rental property owners and the like can use net earnings in place of regular payroll.And yet, Steadman wasn’t sure that’s the SBA’s final answer.Which brings us to…5. The rules are in flux.This is especially true of guidelines for how self-employed and independent contractors can use the Paycheck Protection Program. The application period for them opens April 10. Steadman said he hopes to have clearer guidance by then.last_img read more

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Sundance Cinemas to Open Aug. 31

first_imgUncategorizedSundance Cinemas to Open Aug. 31By Elina Shatkin – July 30, 2012498ShareEmailFacebookTwitterPinterestReddItIndependent movie buffs and longtime Angelenos who watched the decline of the once popular Laemmle Sunset 5 can celebrate: The theater reopens on Friday, August 31 as Sundance Sunset Cinema. Yes, that’s “Sundance” as in the Sundance Film Festival. While the theater and the film festival are run by two separate wings of the Sundance juggernaut, the multi-screen venue will program a slate of American indie and foreign language titles — not unlike what you’d see if you visited Park City in January.We haven’t seen the interior, but it sounds like Sundance sunk a hefty chunk of change into refurbishing the joint. It now has all the hallmarks of the upscale, post-millenial movie theater: reserved stadium seating, plush rockers and tablettes, digital projection, an upstairs lounge and a patio where patrons can linger, a bistro, and 21+ shows where beer and wine are served.Things have changed since the theater hit the peak of its popularity in the mid to late 1990s. Back then, a Virgin Megastore anchored the complex at the corner of Sunset Blvd. and Crescent Heights. Crowds streaming out of films would often filter into the music store and browse for CDs. Now, we have Netflix, we download our music, and the multi-level mall is anchored by Trader Joe’s and CB2 — though the Crunch gym remains.As movie fans who want more viewing options, we’re excited about the opening, but the venture is nothing new for Sundance, which already operates theaters in San Francisco, Seattle, Houston, and Madison, Wisconsin. Prior to its public debut, Sundance Sunset Cinema will host a few special pre-opening celebrations for Outfest, Heal The Bay, and the Sundance Institute. TAGS2012July 2012L.A. CulturePrevious articleFor the Best of LA Win: Trying on Jeans Isn’t a Trying Experience at The StrongholdNext articleKenneth BranaghElina Shatkin RELATED ARTICLESMORE FROM AUTHORFollow in Pee-wee Herman’s Footsteps Across L.A.What Defines a Successful Immigrant?The Undocumented Immigrants Who Are Redefining ‘American’last_img read more

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Comment / Analysis: Still too early to know potential redundances at UTi following DSV acqusition

first_imgRabbit DSV pulled a rabbit out of the proverbial hat this week, and its operating performance – particularly in air and sea freight – was truly impressive.Yet its shares, which currently change hands at Dkr255, are still 10% below the record high they reached in early November, three weeks after the purchase of UTi was announced. Market volatility can only partly be blamed for that. Investors are concerned about execution of the takeover and prompted analysts to ask if UTi was worse off than DSV had expected when it pulled the trigger in early October.DSV management argued that they “got the keys of UTi only a couple of weeks ago”, and acknowledges that UTi needs some serious work, but it remains confident – based on an impressive track record in mergers and acquisitions (M&A) – that integration will be smooth.In my view, DSV didn’t present any evidence or reassuring forecast about critical elements – such as synergies – to prove its point. Track record in M&A means very little at times, and this is a cross-border deal that won’t be easy to execute, given the number of unprofitable accounts that UTi held on its books.SavingsOne major issue is the cost savings DSV will be able to extract from UTi in order to deliver the same level of returns and profitability it enjoyed before the deal was struck.DSV diluted shareholders to offer them a brighter future in a difficult freight market, but investors are nervous about a big deal that was largely funded by equity, and that brings uncertainty, and where the number of possible layoffs – a critical component to value creation – is still undisclosed. We still don’t know what DSV’s target for lay-offs is, but its management labelled some market speculation as unreliable.DSV’s organic growth rate was outstanding in 2015, although it has decided not to release guidance for 2016 volumes. Given the complexity of the UTi deal, it is hard to accurately predict volumes, and anyway, the uncertainty in the global economy does not currently lend itself to hard and fast forecasts.Nonetheless, there are a few problems with UTi – namely the level of net working capital, which has to fall to below 3% from 9%, and a bloated and at times indecipherable cost base. It revealed for example, that it had a “different way of looking at” external help from advisors.On top of that, asset disposals are very unlikely to provide much of a fillip. To paraphrase DSV management, UTi had already sold off all the assets it could sell before DSV arrived, although management said that, in addition to redundancies, other costs could be cut through tending some office leases and in IT.So, it’s back to basics for DSV. “We have to look at how they allocate capital, how they organise the billing,” management said.LossesInvestors have reasons to wonder whether the loss-making assets of UTi will ever help DSV become a stronger entity, and whether DSV will manage to report the same level of net profitability and returns it has become used to.Management says it knows how to do it; it has done it before and it will do it again, and points to a strong ebit guidance of up to Dkr3.5bn ($525m) for 2016. But several questions remain, and one in particular stands out: how many jobs will DSV/UTi have to cut to achieve its targets?In my previous coverage, I hinted at up to 9,000 redundancies, but I now think that could be a conservative estimate, and largely depends on a number of variables, including revenue synergies.Calculating a number is a hard task, because DSV itself appears unable to say how many employees the combined entity has right now – but here’s an attempt based on what we do know:Its global workforce should have almost doubled to 44,000 from 23,000 following the UTi deal – based on the initial guidance from DSV. In its annual results it was vaguer and simply said the combined workforce would grow “to more than 40,000” .Between 40,001 and around 44,000, there could be a discrepancy of around 2,000 employees between October and now, although all DSV management could tell us last week was that it has a “moving target” for staff and redundancies.Consider that, based on the trailing staff cost base of both DSV and UTi, each employee costs the new company some $38,000 in salary. So, assuming 42,000 employees, it would have already saved about $76m, which represents over 20% of its net profit in 2015.The Wall Street Journal reported on 4 February that DSV had already begun to shed employees, with the dismissal of 41 workers in Portland.“We are unable to predict the number of layoffs that will take place during this phase,” DSV said – a view reiterated during the call by its chief financial officer, Jens Lund, who hinted at phase one and phase two as the most critical phases with regard to layoffs.Just how many? DSV’s staff costs totalled Dkr5.4bn ($821m) in 2015, which is slightly less than UTi ended up paying for staff ($870m) in early 2015. As The Loadstar reported, synergies are expected in areas including property, headcount and IT – the target for 2016 is Dkr450m, Dkr750m next year, with the final Dkr300m being clawed back in 2018.But here is the problem: pre-synergy and excluding integration costs of Dkr1.5bn, staff costs will likely amount to Dkr11bn ($1.6bn) in 2016, which would imply a pro-forma net loss of about $500m for the year.After all, the stated synergy target is pretty low. Once cost synergies for years one and two are factored in (about $70m for year one alone), and considering a few benefits from lower taxes, other one-off income items and additional growth in revenue, DSV would still have to cut between 9,000 and 11,000 employees to return to its level of net profitability.This assumes no revenue synergies, which are seldom easy to predict but will become a very important element in this deal, and could push down the number of redundancies to about 4,000-6,000 jobs. In fact, DSV management might have pencilled additional $600m-$1.2bn of revenue stemming from cross-selling DSV’s services to UTi’s clients and vice versa.DSV is well known in the freight industry for its M&A ability, but some investors have already noticed that it pulled the trigger when the Nasdaq index traded some 10% higher than its current level. In other words, UTi could have been bought for less than over $1bn, and the cost synergy it offers aren’t particularly appealing.What appears evident is that DSV is pulling out all the stops to grow but is running the risk of diluting its underlying profitability permanently, and that could be one of the reasons why its target for return on invested capital seems overly cautious into 2016 across all its units (see page 8 of its annual results). By Alessandro Pasetti 15/02/2016 Shares of Denmark’s DSV rose over 9% last Wednesday after the world’s fourth-largest freight forwarder reported its quarterly and annual results. Its stock price was confirmed in the following two trading sessions, but DSV stock is essentially flat for a week, given that it was hammered ahead of its trading update. What does all this mean for shareholders?Expectations are high in 2016 because a large part of the integration of UTi Worldwide – the takeover was completed last month – is expected to be completed in the first 12 months, according to DSV.However, investors weren’t upbeat about DSV before results were released, and while it reported a strong set of numbers, it didn’t manage to reassure the investor community during the conference call that followed the announcement, and shareholders will just have to hope that its estimates in regard to UTi turn out to be correct.Otherwise, its equity valuation could fall like a stone, even if management continues to deliver strong quarterly figures.last_img read more

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News / US carriers see opportunity knocking as the EU relaxes wet-lease rules

first_imgThe US proposed terminating authorisations for certain EU-EU wet-leases for contracts longer than 14 months, including Cargolux Italia wet-leasing from Cargolux, Lufthansa from Lufthansa CityLine and Aer Lingus from ASL. The move clearly focused member states, and the agreement was signed.  Atlas Air chairman and chief executive officer Bill Flynn said: “We are extremely gratified that the United States continues to pursue policies that promote open access to the skies and broaden the marketplace for US carriers.  “We applaud this new arrangement between the US and EU, and we look forward to the new opportunities that it will bring.” However, Stan Wraight, president of consultant SASI, said he didn’t see many advantages for US ACMI carriers at present. “There could be a benefit to low-cost tourism operators, but, especially in present market conditions, I can’t see much of a benefit in cargo. And why go to a competitor for an aircraft?” The US DoT said: “US carriers will now be able to compete fairly in the marketplace, more broadly offering their services in worldwide markets and gaining a valuable chance to benefit from the new commercial opportunities.” Atlas Air is also celebrating its plans to add 100 jobs at its New York headquarters over the next five years. It said yesterday it was “enhancing” its offices “to accommodate its growing employee base and strategic business growth”. Atlas Air and other US aircraft owners are eyeing opportunities after the EU finally agreed to relax restrictions on non-EU carriers wet-leasing in Europe. Last week, the US, EU, Norway and Iceland signed an agreement that levelled the playing field for US carriers to wet-lease to EU carriers. Previously, the EU had restricted US carriers to wet-leasing for just seven months, after which they could reapply for another seven months and then had to stop.  US carriers have lobbied for change since the EU imposed the rule in 2008, but the issue finally came to a head this year when, despite agreement with the EU, member states were slow to ratify the changes. The US retaliated.  DoT assistant secretary aviation and international affairs Joel Szabat, said at the time: “In the face of an unreasonably excessive delay by the Europeans in implementing a mutually agreed-upon resolution, and the competitive disadvantage suffered by US carriers in the absence of such resolution, the department can no longer view such continued forbearance as consistent with the public interest.”   Cargolux: van Biesencenter_img By Alex Lennane 06/09/2019last_img read more

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Calls for council to acquire land in Portarlington to help traffic near local primary school

first_img Calls for council to acquire land in Portarlington to help traffic near local primary school Home News Council Calls for council to acquire land in Portarlington to help traffic near… NewsCouncil Mary Sweeney elected Cathaoirleach of Portlaoise Municipal District for next 12 months Facebook TAGSAidan MullinsPaschal McEvoyPortarlingtonSandy LaneSandy Lane NS Pinterest WhatsApp RELATED ARTICLESMORE FROM AUTHOR Twitter Electric Picnic By Steven Miller – 20th May 2021 Twitter Facebook Previous articleProtest planned in Portlaoise in relation to ongoing Palestine situationNext articlePlans advancing to construct refuge centre for victims of domestic violence in Laois Steven Millerhttp://www.laoistoday.ieSteven Miller is owner and managing editor of LaoisToday.ie. From Laois, Steven studied Journalism in DCU and has 14 years experience in the media, almost 10 of those in an editorial role. Husband of Emily, father of William and Lillian, he’s happiest when he’s telling stories or kicking a point. Council Pinterest Electric Picnic organisers release statement following confirmation of new festival date WhatsApp Parking at school time can be a headache for parents all over the country – but a solution could be at hand in Portarlington for the local Sandy Lane National School in the town.Cllr Aidan Mullins had a motion at this week’s meeting of the Portarlington-Graiguecullen Municipal District looking for Laois County Council to acquire a small bit of land from a vacant site across the road for “the provision of a parking area for school buses and cars”.“There are about 100 pupils in Sandy Lane and the situation is getting worse,” said Cllr Mullins on the meeting held on Microsoft Teams.“Sandy Lane is a narrow road and the school is at a bad bend. Parents who are dropping kids have nowhere to walk and the buses have nowhere to pull in.“There is a site across the road that was bought at the Celtic Tiger times and we’re trying to get someone to secure it for a layby.”“Around the county there are major problems with parking at schools,” agreed Cllr Paschal McEvoy.“In most places there is no solution but here there is. It’s important to get the money to do this because children’s safety has to be the priority,” he added.“I can only hope that the council seek funding from the NTA,” added Cllr Mullins.“That vacant site is massive and it’s only a strip of land needed. It shouldn’t be a big commercial loss to the owner.”SEE ALSO – Calls for a playground to be constructed in two Laois villages Electric Picnic Electric Picnic apply to Laois County Council for new date for this year’s festival last_img read more

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IMF trims economic outlook for Canada, globe

Keywords Economic forecastsCompanies International Monetary Fund In its latest forecast, the International Monetary Fund (IMF) has trimmed its outlook for the global economy, and for Canada, too. The IMF says that global economic prospects have improved, but that the road to recovery in the world’s advanced economies “will remain bumpy”. World output growth is now forecast to reach 3.3% in 2013, which is down 0.2 percentage points from its previous forecast. It still expects growth to re-accelerate to reach 4% in 2014. Share this article and your comments with peers on social media Economy lost 68,000 jobs in May In advanced economies, this re-acceleration is expected to happen gradually, starting in the second half of 2013. “Private demand appears increasingly robust in the United States but still very sluggish in the euro area. In emerging market and developing economies, activity has already picked up steam,” it says. For Canada, the IMF now sees growth of just 1.5% this year, down 0.3 percentage points from its previous forecast; followed by 2.4% growth in 2014 (up 0.1 points from its prior call). “In Canada, the U.S. recovery will support growth, but high household debt and moderation in the housing sector are likely to weigh on private consumption and residential construction,” it says, in its latest outlook. Risks to this forecast remain tilted to the downside, the IMF notes, citing the threat of adverse fiscal outcomes in the US, further turbulence in Europe, a decline in global commodity prices, and a less gradual unwinding of domestic imbalances, as potential downside threats. “The main challenge for Canada’s policymakers is to support growth in the short term while reducing the vulnerabilities that may arise from external shocks and domestic imbalances,” it notes. “Although fiscal consolidation is needed to rebuild fiscal space against future shocks, there is room to allow automatic stabilizers to operate fully if growth were to weaken further. The current monetary policy stance is appropriately accommodative, and the beginning of the monetary tightening cycle should be delayed until growth strengthens again.” Overall, the IMF points out that policymakers in the advanced economies “have successfully defused two of the biggest short-term threats to the global recovery, the threat of a euro area breakup and a sharp fiscal contraction in the US”; which, it says, has helped financial markets rally, and improved financial stability. The financial market rally has, in turn, been helping economic recovery by improving funding conditions and supporting confidence, the IMF says, and yet “growth prospects appear broadly unchanged,” it adds. The annual growth forecast for advanced economies in 2013, at 1.25%, is no better than 2012, it says. However, after a weak first half, it expects real GDP growth in the advanced economies is projected to rise above 2% for the rest of the year and to average 2.25% percent in 2014, spurred by U.S. growth of about 3%. The major emerging market economies are already seeing growth pick up, it notes. “With consumer demand resilient, macroeconomic policy on hold, and exports reviving, most economies in Asia and sub-Saharan Africa and many economies in Latin America and the Commonwealth of Independent States are now seeing higher growth,” it says. “The recovery should again gain speed in emerging Europe as demand from advanced Europe slowly picks up.” Stagflation is U.S. economists’ biggest fear, SIFMA says OECD raises outlook for Canadian economic growth this year Facebook LinkedIn Twitter Related news James Langton read more

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Australian War Memorial redevelopment approved

first_imgAustralian War Memorial redevelopment approved The Hon Sussan Ley MPMinister for the EnvironmentI have today approved the Australian War Memorial redevelopment proposal under the Environment Protection and Biodiversity Act 1999.The decision, based on Departmental advice, follows a rigorous assessment of the proposal against the heritage values of the Australian War Memorial and Parliament House Vista, in keeping with both National and Commonwealth Heritage Management Principles.In making this decision, I acknowledge the diverse range of community and stakeholder submissions made during the consultation period and the public interest in the project.The Australian War Memorial holds a sacred place in the hearts of Australians and there are 29 strict conditions of approval to minimise and mitigate the residual impacts on the site’s National Heritage and Commonwealth Heritage values.The Memorial will be required to prepare a Heritage Impact Assessment of the final design for my approval to ensure the site’s heritage values continue to be protected.The iconic shape and front façade of the building will be preserved throughout this redevelopment, as will the main commemorative area including the Pool of Reflection, the Roll of Honour, the Hall of Memory, and the galleries dedicated to the First and Second World Wars.I am satisfied the conditions of my approval will ensure the Australian War Memorial will continue to be an outstanding national museum and memorial that recognises and commemorates an important part of Australia’s history. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Agriculture, Australia, Australian, Australian War Memorial, biodiversity, building, commonwealth, community, environment, environment protection, Government, house, Impact, memory, parliament, project, public interest, worldlast_img read more

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Three silks: District Court Judge material

first_imgThree silks: District Court Judge material Three highly experienced NSW barristers have been appointed to the District Court of NSW, including an Acting Deputy Director of Public Prosecutions, a former Deputy Senior Public Defender and a senior member of the NSW Civil and Administrative Tribunal (NCAT). Attorney General Mark Speakman said the depth and range of experience shared by Andrew Coleman SC, Craig Smith SC and Tanya Smith SC will be great assets to the jurisdiction when they ascend the bench in March.“All three have had impressive legal careers, clocking up more than 80 years collectively in criminal, civil, coronial and tribunal matters, acting in complex trials, appeals and inquests in state and federal jurisdictions,” Mr Speakman said.Andrew Coleman SC has been practising law for 33 years in Australia and England and took silk in NSW in 2010. He specialises in commercial, insurance and sports law. Mr Coleman was appointed as Senior Member (part time) of NCAT in 2014, hearing matters and appeals in the Consumer and Commercial Division, in the Occupational Division and on the Appeal Panel.Craig Smith SC has practised as a barrister for 20 years, predominately in the criminal law. Early in his career he worked at Legal Aid NSW and the Western Aboriginal Legal Service. He took silk in 2014, in the same year becoming Deputy Senior Public Defender. Mr Smith has appeared in trials in the District Court and the Supreme Court and in appeals in the Court of Criminal Appeal.Tanya Smith SC has worked for the Office of the Director of Public Prosecutions for 23 years, most recently as Acting Deputy Director of Public Prosecutions. She was appointed Senior Counsel in 2019.Mr Smith will be sworn in on Monday, 8 March, Mr Coleman on Monday, 15 March and Ms Smith on Monday, 29 March.The new judges will replace retired judges Michael Bozic, Anthony Blackmore and Laura Wells.Download media release: Three silks: District Court Judge material PDF, 173.47 KB /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Aboriginal, attorney-general, Australia, career, court, Criminal, Department of Communities and Justice, director, Download, Government, insurance, Laura, law, Media, NSW, Silk, sports, Supreme Courtlast_img read more

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Quarantine-free travel to New Zealand from Niue

first_imgQuarantine-free travel to New Zealand from Niue The Prime Minister of New Zealand Jacinda Ardern and the Premier of Niue Dalton Tagelagi have announced passengers from Niue can resume quarantine-free travel into New Zealand on Wednesday 24 March NZT (Tuesday 23 March Niue time).“Niue has no reported cases of COVID-19 and its stringent border controls mean we can be confident it is safe to commence quarantine-free travel to New Zealand from Niue,” Jacinda Ardern said.Premier Dalton Tagelagi said, “Niue welcomes being able to travel to New Zealand without the need to quarantine. Niue is one of the few countries in the world that is completely free of COVID-19 and we pride ourselves on protecting our people through maintaining our borders and health system. This one-way quarantine free travel will enable Niueans to receive essential healthcare, access education and economic opportunities, and reconnect with their families in New Zealand.”Premier Tagelagi adds that Niue will maintain its current border settings, so only returnees with Government approval may enter Niue and will need to quarantine or self-isolate for 14 days on arrival.Officials of both governments are working towards ensuring all safety protocols and response capabilities are in place for the resumption of two-way quarantine free travel between the two countries.Further information on safety protocols for travelTo be eligible to enter New Zealand, people in Niue must meet particular conditions, including:not having been overseas outside of Niue or New Zealand in the past 14 days;not having had contact with a confirmed COVID-19 case within the past 14 days;having maintained physical distancing (to the greatest extent practicable) from any person, at the airport at which they arrive, who did not arrive from Niue;having worn a face covering while in the airport at which they arrived in New Zealand; andthere are no reasonable grounds (as determined by a suitably qualified health practitioner) to suspect that the person may have COVID-19. That might include, among other things:having had contact with a confirmed COVID-19 case within the past 14 days;having any COVID-19 symptoms; andbe awaiting a COVID-19 test resultNew Zealand public health officials will be undertaking random temperature checks of passengers on all flights arriving from Niue into New Zealand.Auckland Airport will use a streamlined Safe Travel Path to process passengers arriving quarantine-free from Niue. The Safe Travel Path creates separation from other arriving passengers by giving quarantine-free travel zone flights exclusive use of the international terminal for arrivals processing – with no other arriving flights within 90 minutes either side of the scheduled arrival time.The Safe Travel Path is created by:Using flight scheduling to ensure no other international flights from outside a quarantine-free travel zone to arrive within 90 minutes either side of an arriving Niue flightRigorous cleaning of terminal areas along the Safe Travel Path between flightsEscorting passengers off Niue flights when terminal cleaning has concluded and following an arrivals path through the terminal marked out with stanchions and barriersDedicated border processing lanes and facilities, which will be blocked off when not in use by Niue passengersA baggage reclaim carousel and baggage trolleys used exclusively by travellers arriving quarantine-free. When not in use the carousel will be blocked off and trolleys will be sanitised and stored ready for the next quarantine-free flightA double-layer physical barrier in the public area of the arrivals hall blocking access to the terminal exit path used by travellers going into managed isolation or quarantine. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:airport, Ardern, Auckland, covid-19, Dalton, education, Government, government approval, healthcare, isolation, Minister, New Zealand, Niue, Prime Minister, public health, quarantinelast_img read more

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Nissan’s finally built a roadster on tracks and skis

first_imgTrending in Canada Trending Videos Created with Raphaël 2.1.2Created with Raphaël 2.1.2 Nissan is getting into the winter sports spirit with a specially constructed, one-off 370Z Roadster snowmobile. Dubbed the 370Zki – pronounced 370-Ski – the 332-horsepower 370Z Roadster is ready to tackle ski slopes and backwoods trails alike with its front skis and rear snow tracks replacing the iconic sports car’s usual high-performance tires.  Handout RELATED TAGS370ZNissanNew Vehicles advertisement Outside of opening up the rear wheel well to better fit the four-foot-long tracks, the only cosmetic enhancements were a vinyl wrap and ski-goggle-yellow tinted headlights.The 370Zki will be making its debut at the 2018 Chicago Auto Show, opening February 10. It aims to draw crowds perched next to its tow vehicle, the also-one-off “Snow Patrol” Armada, which much less radically just gets a three-inch lift and massive off-road tires. We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca center_img Nissan unveiled a one-off show car this week in Chicago, the 370Zki, so named because, well, it’s a 370Z roadster on skis.Fitting a set of snowmobile treads and skis to the sports car was, as you can imagine, not easy. The drivetrain was dropped, a three-inch lift kit installed, and the brake lines and exhaust were rerouted. The Dominator tracks from American Track Truck, Inc. were mounted to custom-built hubs, skis fitted to the front, and the 332-horsepower V6 engine reinstalled on custom mounts, with a skidplate underneath to protect it. The Rolls-Royce Boat Tail may be the most expensive new car ever See More Videos COMMENTSSHARE YOUR THOUGHTS Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” ‹ Previous Next ›last_img read more

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