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Kogan 'muscled' out by telco heavies

Written By Unknown on Senin, 19 Agustus 2013 | 19.20

Budget retailer Kogan Mobile says it has been "muscled out" of the industry by "telco heavyweights". Source: AAP

BUDGET mobile phone retailer Kogan Mobile says it has been "muscled out" of the industry by "telco heavyweights".

Telstra announced on Monday it will terminate Kogan customers' 3G network access some time in the next 30 days, essentially killing the company.

The move was prompted when ispONE, who supplied Kogan with 3G services purchased wholesale from Telstra, entered voluntary administration on Monday, severing their contracts.

Kogan and Telstra were not able to negotiate a direct supply agreement, unlike supermarket ALDI, who were likewise serviced by ispONE.

Kogan said it had made "numerous and concerted" efforts to convince Telstra to continue servicing its customers.

"We're devastated," the company wrote on its website.

It claimed to have been the victim of a power play by established telcos upset with Kogan stealing their customers.

"When over 100,000 people took their services to Kogan Mobile, in such a short space of time, it attracted a lot of attention.

"Frustratingly, it appears like the telco heavyweights may be determined to take their former customers back ... by force."

Telstra said existing Kogan customers would be moved to a temporary seven-day plan at some stage over the next month, after which their service will be cut off.

They will not be able to top up their credit but Kogan will offer pro-rata refunds to any customers with credit remaining when their service is terminated.

Customers will be able to transfer their phone number to another provider at any time over the next 180 days, Kogan said.

Optus has already pounced on the imminent exodus of customers, offering free additional data and call time to people who bring their number over.


19.20 | 0 komentar | Read More

Rudd turns to health, spending cuts

Kevin Rudd and Tony Abbott are accusing each other of negative politics half way into the campaign. Source: AAP

PRIME Minister Kevin Rudd has warned the coalition would scrap GP super clinics and Medicare Local centres, as he fended off claims of running a negative scare campaign.

Heading into the third week of the campaign, Labor is stepping up efforts to persuade voters a coalition government would be a risk to jobs and services because it would have to cut public spending to fund its election promises.

Opposition Leader Tony Abbott, however, said Labor was plumbing new depths in its attacks on the coalition by making "a whole series of absolutely outlandish and false claims".

Mr Rudd took his campaign to northern NSW on Monday to launch a $50 million plan for stroke patient support.

Speaking at a Medicare Local centre, the prime minister said the coalition would shut down the facilities run by local clinicians and community leaders and sack 3000 frontline health workers.

"Mr Abbott hasn't really thought through the real impact of his cuts on real peoples' lives," Mr Rudd said.

Labor has backed up the attack with campaign advertisements showing workers standing in spotlights which are then switched off.

"This is not about negativity, it's about accountability," Mr Rudd said of the ads.

The coalition has yet to announce its health policy, but Mr Abbott said last Friday he wanted community control of public hospitals, and medical research funding would be quarantined.

Mr Abbott did not intend to cut health spending, but would be spending "money more wisely".

The opposition leader was in western Sydney on Monday to formally announce his small business and law and order policies.

"The current government in losing control of our borders, has not just failed to stop the boats but has failed to stop the guns as well," Mr Abbott said.

The crime policy includes a mandatory minimum sentence of five years for importing illegal firearms, $100 million for Customs and local gang squads and $50 million for CCTV cameras in communities.

During a visit to supporters in Liverpool, he incorrectly referred to Labor as the "former government", before quickly correcting himself.

Treasurer Chris Bowen stood by Mr Rudd's argument that the coalition cuts would drive the economy into recession.

"We've seen it in other countries when you cut and when you embark on an austerity program, then you see an impact on economic activity," Mr Bowen said.

The latest Newspoll puts the coalition ahead of Labor 54-46 on a two-party basis and Mr Abbott just two points behind Mr Rudd as preferred prime minister.

But, in a sign of hope for the government, an Essential poll has Labor and the coalition at 50-50, after a two-point drop in the primary vote for minor parties and independents.

Labor star candidate Peter Beattie, who is standing in the Queensland seat of Forde, took an optimistic view of the polls, saying Labor can stabilise and rebuild as the campaign to September 7 continues.

"Incumbent governments always go backwards in the first 10 or 11 days," the former premier said.

The opposition's health spokesman Peter Dutton dismissed as "totally false" Mr Rudd's suggestion that all Medicare Local programs would be scrapped and that 3000 frontline health staff would be sacked under an Abbott government.

The coalition continued to provide "in-principle" support for Medicare Locals and wanted to ensure that funding for patient services wasn't being diverted to administrative services, he said in a statement.


19.20 | 0 komentar | Read More

Hong Kong stocks close 0.24% lower

HONG Kong shares ended 0.24 per cent lower on Monday following losses on Wall Street last week, while investors bet the US Federal Reserve will soon start winding down its stimulus program.

The benchmark Hang Seng Index fell 54.11 points to 22,463.70 on turnover of HK$44.31 billion (US$5.72 billion).

Market players have been intensely speculating about when the United States will begin tapering its massive $US85 billion a month bond-buying program, which has flooded markets with cash.

The Fed is due to release the minutes of its latest policy meeting on Wednesday and until then, analysts say, trade will likely remain cautious.

Steven Leung, head of institutional sales at UOB Kay Hian, told Dow Jones Newswires trade in Hong Kong would be "quite sluggish" until dealers are given clues about when a tapering might begin.

Property shares meanwhile slumped in Hong Kong after official data released Sunday showed Chinese home prices continued to rise at a steady clip.

Prices rose an average 6.7 per cent year-on-year in July, up from 6.1 per cent in June, according to calculations by The Wall Street Journal.

The data gave fresh fuel to worries that China will seek to slow the rise in prices with official curbs on the market.

Shares of residential-property builder Country Garden fell 2.6 per cent to HK$4.91 while Agile Property shares declined 2.8 per cent to HK$8.36.

Chinese shares closed up 0.83 per cent, reversing earlier losses and helped by selective buying of banking shares, dealers said.

The benchmark Shanghai Composite Index rose 17.15 points to 2,085.60 on turnover of 81.5 billion yuan ($US13.3 billion).

The market fell earlier in the day on Monday after a trading error by a securities firm last week triggered fears of tighter control over brokerages.

"Heavyweight banking stocks were higher on cheap valuations and that helped stabilise the market," Zheshang Securities analyst Zhang Yanbing told AFP.

China Minsheng Banking jumped 4.0 per cent to 9.38 yuan while Industrial Bank rose 3.43 per cent to 10.56 yuan.

internet security-related shares gained after China's stock regulator said it was investigating Everbright Securities for a trading glitch that briefly sent the Shanghai index up more than five per cent on Friday.

Software developer China National Software & Service surged by its 10 per cent daily limit to 27.20 yuan while Shanghai Baosight Software jumped 7.69 per cent to 29.12 yuan.

Brokerages ended lower, with Southwest Securities losing 3.84 per cent to 9.01 yuan and China Merchants Securities dropping 3.23 per cent to 11.07 yuan.


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Hosni Mubarak may be freed in Egypt

An Egyptian court has ordered Hosni Mubarak to be freed pending his trial on corruption charges. Source: AAP

EGYPTIAN judiciary officials say former President Hosni Mubarak could be freed from custody this week.

They say a court on Monday ordered his release in a corruption case that alleged he and his two sons embezzled funds for presidential palaces.

Mubarak has been ordered released in two other court cases against him - the killing of protesters during the 2011 uprising that toppled him and another in case, on illegal earnings.

Mubarak is on retrial for the protesters' killing but cannot be held in custody anymore because of a two-year limit pending a final verdict.

He is also facing trial for alleged acceptance of presents from state newspapers but has already repaid their value.

The officials spoke on condition of anonymity because they were not authorised to talk to media.


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German opposition decries Merkel 'cuts'

Written By Unknown on Minggu, 18 Agustus 2013 | 19.19

GERMAN Chancellor Angela Merkel's struggling rival in next month's general election has attempted to revive his campaign by attacking her euro policy at his biggest rally to date.

Peer Steinbrueck, candidate for the main opposition Social Democrats (SPD), said Merkel was hurting both Germans and the citizens of the ailing eurozone countries with an unwavering focus on enforcing budgetary rigour rather than spurring growth.

"Cuts, cuts, only cuts - that is not going to get the (eurozone) countries out of trouble," said Steinbrueck, who served as finance minister under Merkel during her first 2005-2009 term in a "grand coalition".

Blasting a yawning wealth gap in Europe's top economy, he also called for an across-the-board minimum wage in Germany, which has done without one until now.

"It's not only fairer but also makes sense economically because it creates spending power," Steinbrueck said, in a full-throated, 40-minute speech that was frequently interrupted by applause.

"Freedom, justice, solidarity - those are the values I want to promote as chancellor."

Steinbrueck, 66, was speaking at a celebration of the SPD's 150th birthday at Berlin's Brandenburg Gate running throughout the weekend, where the party said up to 300,000 people had gathered on Saturday alone.

But he is the clear underdog in the September 22 vote, as a new poll on Sunday showed.

Merkel's conservative Christian Democrats have 40-per cent support, according to the survey for Bild am Sonntag newspaper, while the SPD scored just 24 per cent - one point above its record-low result in the 2009 election.

Merkel's pro-business coalition partners, the Free Democrats, tallied six per cent, potentially giving the allies another ruling majority with five weeks to go until election day.

The race has proved lacklustre so far, with Merkel only returning from a two-week holiday in the Alps last week.

The Tagesspiegel recently printed a political cartoon showing Steinbrueck exhausting himself with shadow boxing while Merkel snoozed in an easy chair.

Meanwhile Steinbrueck has stumbled into a series of gaffes that have led even senior Social Democrats to question his strategy.

He has complained that the chancellor's salary is too low, suggested that Merkel owes her success to being a woman and recently questioned her "passion for Europe" because she grew up in the former communist east.

"(Many Social Democrats) are talking about what's gone wrong during the campaign, as if they're already anticipating the discussion that will come after the election - who's responsible for the bad outcome," political scientist Jens Walther of Duesseldorf University in western Germany said.

Merkel, for her part, never mentions her opponent by name in public, but said in a recent interview that the SPD's plans to hike income taxes on the wealthy would be economic "poison".

She got another boost last week when data showed that the eurozone economy had emerged from an 18-month recession, appearing to back up her claim that her austerity drive to battle the debt crisis is panning out.

Merkel, who is widely seen as a foregone conclusion to remain chancellor, said on Saturday she could well imagine a rerun of a grand coalition if her alliance with the FDP failed to muster a majority.

"I led a grand coalition once so I wouldn't be credible at all if I ruled one out," she told the daily Frankfurter Allgemeine Zeitung.

Steinbrueck has said he would not take part in another grand coalition and the prospect of a second link-up with Merkel fills the party with dread.

Those in the crowd in Berlin said that Steinbrueck had touched on issues that mattered to them such as growing economic inequality.

"I was moved by the speech. He touted basic values - it would be great if he could put them in action," said Christine Rieger, a pensioner from Duesseldorf.

But she admitted it would be an uphill battle.

"They won't manage to beat Merkel, she's too strong," she said, adding that she, like about a quarter of Germans, wanted another grand coalition.


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3yo NSW girl to stay in care overnight

A THREE-YEAR-OLD NSW girl whose identity was a mystery for eight hours will remain in care overnight, despite her mother being located.

The little girl, who told police her name is Monique or Nikki, was discovered wandering alone through Springfield on the NSW Central Coast around 10am (AEST) on Sunday morning.

Police officers canvassed the local area while Monique spent the day at Gosford police station, but no one was able to shed light on her identity.

A photo of the blonde-haired little girl went viral on the NSW Police Facebook page, garnering 167,000 views in just a few hours.

Eventually, information from the public led police to the child's mother around 6pm (AEST).

The woman told officers there had been a mix-up between family members over the pre-schooler's caring arrangements.

Her identity was eventually confirmed, with police saying "strict questions" would be asked as to how the little girl came to be wandering around on her own.

The Department of Family and Community Services (FACS) was alerted as soon as Monique was found and she will remain in care overnight, a police spokeswoman said.

"She hasn't been returned to her family yet," the spokeswoman said.

FACS would reassess the case in the morning, she added.


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Top China official Liu faces bribes probe

China's former top economic policymaker Liu Tienan has been placed under judicial investigation. Source: AAP

CHINA'S former top economic policymaker Liu Tienan has been placed under judicial investigation for suspected bribe taking, state media reports say.

"The Supreme People's Procuratorate has decided to open an investigation into the case of Liu," Xinhua news agency said.

The announcement came after China's ruling Communist Party earlier this month expelled Liu, once the deputy director of the influential National Development and Reform Commission, as leaders wage a high-profile campaign against corruption.

On August 8, Xinhua, citing the party's anti-corruption watchdog, said Liu "took advantage of his position to seek profits for others" and was "morally degenerate".

"Both Liu and his family accepted huge amounts of bribes," it added.

Liu lost both his party and government posts.

Expulsion from the party is normally a precursor to criminal prosecution for Chinese officials and on Sunday the official news agency said an investigation into Liu was "underway".

President Xi Jinping took office in March vowing to root out corrupt officials ranging from high-ranking "tigers" to low-level "flies", and warning that the problem could destroy the party.

In early July the former railways minister Liu Zhijun was given a suspended death sentence for huge bribery.

Also last month Bo Xilai - until last year one of China's 25 most powerful politicians - was indicted for bribery, embezzlement and abuse of power.

Xinhua reported on Sunday that Bo would go on trial on Thursday.

A series of low-level officials have come under investigation as well, often after ordinary Chinese exposed their often-salacious alleged scandals online.


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Liberals fail to put Greens last

THE Liberal party has failed to live up to its promise to put the Australian Greens last on all how-to-vote cards.

Opposition Leader Tony Abbott promised to ensure the Greens would receive no preferences from the coalition at the federal election and challenged Labor to do the same.

But the Australian Electoral Commission website shows many coalition group voting tickets for the Senate - which are used to distribute preferences for voters who cast their Senate ballot above the line - do not put the Greens last.

In South Australia, the Liberals put the Socialist Equality Party last.

In NSW, the Greens come third-last behind Australia First and One Nation.

In Victoria, the Liberals will preference the Greens ahead of two independents, the Socialist Equality Party, the Pirate Party and the Citizens Electoral Council.

In Queensland, the Greens will be preferenced just ahead of One Nation and in the Northern Territory the last party on the ticket is Rise Up Australia.

The Liberals will preference the Greens last only in the ACT and Tasmania. Group voting ticket information was not available for Western Australia.


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Amnesty urges full probe into Egypt crisis

Written By Unknown on Sabtu, 17 Agustus 2013 | 19.19

Amnesty International wants UN experts to investigate the deadly crackdown on protesters in Egypt. Source: AAP

AMNESTY International has called for a full and impartial investigation into the bloodshed in Egypt, saying the authorities' response to the protests has been "grossly disproportionate".

The London-based human rights organisation also appealed for United Nations experts to be allowed to investigate the crackdown.

Backers of Egypt's ousted president Mohamed Morsi have pledged to stage daily demonstrations, as security forces besieged a Cairo mosque full of Islamist protesters after a day of clashes on Friday that left more than 80 dead.

Egypt is reeling from the deaths of 578 people on Wednesday when police cleared protest camps set up by loyalists of the deposed Islamist leader.

Amnesty claimed the security forces had used "unwarranted lethal force" and broken pledges to allow the wounded to exit safely, based on its research on the ground.

"Based on the initial testimonies and other evidence we've gathered, there seems to be little doubt the security forces have been acting with blatant disregard for human life, and full investigations that are both impartial and independent are urgently needed," said Philip Luther, Amnesty's Middle East and North Africa program director.

"While some protesters used violence, the authorities' response was grossly disproportionate, seemingly not differentiating between violent and non-violent protesters. Bystanders were also caught-up in the violence," he added.

Security forces used lethal force "when it was not strictly necessary," he said, adding that was a "clear violation of international law and standards".

"Previous promises to use graduated force when dispersing the sit-ins and provide ample warning and safe exits were quickly broken," the organisation said.


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Hundreds besieged in Egypt's Fateh mosque

A BESIEGED mosque in central Cairo is the site of a tense standoff between Egyptian security forces surrounding it and hundreds of backers of toppled president Mohamed Morsi trapped inside.

Television footage showed riot police standing outside the al-Fateh mosque in Ramses Square.

Those inside the mosque were afraid of being detained if they left, a man inside the mosque told Qatari broadcaster al-Jazeera.

"The hope is that the Egyptian people will take to the streets in order to force an end to this siege," he said.

"The besieged people include women and children, some of them need medical assistance."

The state Middle East News Agency reported that the people inside the mosque had opened fire extinguishers at the police, who did not respond.

Irish citizen Omaima Halawa, 21, who is the daughter of the imam of Ireland's biggest mosque in Dublin and was in Cairo with her two sisters and brother, described the scene as very frightening.

"We are surrounded in the mosque both inside and outside," she told Irish broadcaster RTE.

"The security forces broke in and threw tear gas at us."

She said they had been warned they could be shot if they tried to leave.

At one entrance to the mosque, security forces stood between the besieged protesters and angry residents, who tried several times to force their way into the mosque.

Ahmed Sami came to al-Fateh to look for friends inside.

"I'm afraid for their safety. I fear they will be brought out dead," he said.

Mahmoud, a supporter of the Muslim Brotherhood who took part in a march against Morsi's ouster by the military, said protesters had come under fire and sought refuge inside the mosque.

In the large square outside al-Fateh, residents confronted bearded men, and women in Islamic headscarves.

In several parts of Cairo, residents detained people they deemed suspect and handed them over to security forces, in a sign that vigilante justice was beginning to take hold.

Television footage showed troops inside the mosque apparently trying to persuade the protesters to give themselves up.

One of the protesters said by telephone that they were demanding they not be arrested, or attacked by hostile civilians outside.

An estimated 700 Morsi supporters took refuge in the mosque following clashes with security forces in the area.

More than 50 people were killed on Friday in violence across Egypt, according to security sources.

The Muslim Brotherhood said at least 200 people were killed in the unrest, the latest since Morsi's ouster on July 3.

Police said they had arrested 1004 Muslim Brotherhood followers suspected of involvement in Friday's violence.

The Muslim Brotherhood and its Islamist allies vowed to hold a "week of departure" protests through next week against the military-backed government, raising fears of further bloodshed.

Some 630 people were killed in a security crackdown on two major pro-Morsi vigils in Cairo and the ensuing violence in the country on Wednesday.

Under emergency rules declared by the government earlier in the week, police are allowed to use firearms in self-defence and against demonstrators who attack state buildings.

The army's overthrow of Morsi, after protests by millions demanding he step down, has deeply divided Egypt, which is the Arab world's most-populous country.

The clampdown on pro-Morsi protesters has drawn international condemnation, mainly from Europe and the United States.

However, the Gulf countries have expressed support for Egypt's interim rulers.


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