NOT SO PHYSICAL
Everybody who’s spent half a second in the identical room as Newton-John will likely be rolling out the reminiscence to one and all this week. However SMH/The Age reader Dave Miller‘s takes the cake. Working as a private coach in 1984 at Kerry Packer’s unique Hyde Park Membership, he was wowed by movie star attendees like West Indies cricketers Viv Richards and Joel Garner however couldn’t imagine his luck when he was requested to present one-on-one health classes to Newton-John.
He was amazed by her heat, friendliness, magnificence but in addition… Her lack of bodily prowess. Miller’s different consumer, former cricket captain Tony Greig, would flip “as pink as a beetroot” in exercises, however Newton-John was the precise reverse, he says, hardly ever breaking a sweat. “I had visions of the Bodily movie clip … However no method. She didn’t push herself too arduous, she didn’t have to.”
GETTING SUED
Legal professionals are an industrious bunch. None extra so than defamation legal professionals engaged on the plaintiffs’ aspect.
On Thursday, Sydney silk Sue Chrysanthou SC wrote to the NSW Division of Communities and Justice, complaining about reforms to the Defamation Act – which have been in operation for greater than a yr.
Chrysanthou’s views are hardly a shock: espousing that charities ought to have the ability to sue extra simply, bemoaning that plaintiffs have to attend a full 28 days earlier than they will begin litigation, and complaining that the brand new course of is so complicated that counsel typically has to cost $10,000 to put in writing the primary letter. Quelle horreur!
You’ve received to admire the persistence. After failing to get their method in the course of the two-year-long reform course of, and after the brand new legal guidelines have been enacted in April 2021, Chrysanthou and her cohort circulated a briefing observe to state MPs condemning the modifications as “essentially flawed” and calling for them to be scrapped.
Undeterred by a rebuff from NSW Legal professional-Common Mark Speakman, Chrysanthou & Co had a gathering with the division in December final yr to have one other bitch. It’s taken seven months to observe up on that assembly with final week’s letter.
The delay is maybe unsurprising, as Chrysanthou will need to have been terribly busy unsuccessfully interesting a prices order in relation to her battle in appearing for each Jo Dyer, a possible witness to the now-infamous rape allegation in opposition to Christian Porter, and for Porter himself. (No less than she solely has to go halves with Porter’s secret donor.)
‘UNHAPPY MARRIAGE’
Arduous to think about, however it’s a troublesome time to be an Australian fund supervisor proper now. Trying throughout the ASX-listed majors, share costs are tanking.
The worst performer is unsurprisingly Magellan, brought on by the chaos following star founder Hamish Douglass’ abrupt exit late final yr
However not too far behind is the freshly merged Regal Funds Administration.
Sydney funding guru Phil King stated it was a good-time to be shorting shares, when his firm merged with unhealthy boy Robert Luciano’s VGI earlier this yr.
Maybe he’s now wishing he shorted his personal firm.
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Regal shares are down 54 per cent over the previous 12 months, which has solely continued to tumble because the tie-up.
CBD has obtained a latest observe to shoppers, signed by King and Regal CEO Brendan O’Connor, that exhibits six of Regal’s 10 funds have slipped into damaging returns over the six months to June.
Purchasers have been instructed short-term ache is “by no means nice” – you don’t say – however by no means concern as a result of happier instances are simply across the nook.
Whereas hedge fund managers aren’t any strangers to risky instances, some market watchers usually are not so satisfied.
“Their principal fund has fallen off a cliff, the share worth has been decimated,” one well-placed supply tells CBD. “That’s going to be a reasonably sad marriage.”
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