Adam Smith Source: News Limited
The owner of mX and this masthead, News Corp Australia, yesterday said up to 30 full-time journalist jobs would be affected, although the company was aiming to redeploy as many reporters as possible. There would be some redundancies. The exact number was not known.
A spokesman said: “News confirms the closure of mX in Sydney, Melbourne and Brisbane. The decision is a reflection of the changing reading habits of commuters who now turn to their mobile phones and tablets on their way to and from work.”
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Distributed at major train stations, the free afternoon paper began in Melbourne in 2001 then expanded to Sydney and Brisbane. The final edition of mX will be published on June 12.
“News will continue to invest in our extensive suite of print and digital products, which are purchased and read by millions of Australians every day,” the spokesman said.

Note this news is reprinted from site www.news.com.au/finance/business/mx-commuter-newspaper-closes/story-fnki1jcy-1227373410425
THE goon sack, the Hill’s Hoist, the goon sack attached to a Hill’s Hoist — Australia has long been a hub of creative innovation.
Over the years, Aussie inventors have come up with everything from Wi-Fi and spray-on skin, to the bionic ear and even the black box flight recorder.
While it’s true in the past we’ve punched above our weight in the traditional tinkering stakes, Aussie businesses have moved with the times as well.
Here are five small businesses currently making cool gadgets and apps:


 
Co-founded by Aussie Dean Kelly, HeyLets is a popular experience-focused social media app which bills itself as a “social city and travel guide”. HeyLets allows users to share their favourite experiences with a photo and a brief, 140-character post. These are then shared with other users ‘feeds’ based on common interests. After first launching in Australia, HeyLets has expanded to 20 cities around the world including Tokyo, New York, Toronto, London and Paris.
 
 
KoalaSafe is a simple device to help parents monitor and control what their young children do and see on the internet. Created by Steven Pack and funded through Kickstarter, the device plugs into your existing internet router to create a separate Wi-Fi network for the kids’ devices: “a healthier internet” that gives you greater control and peace of mind without being a “helicopter parent”. The project has raised more than $100,000 from 443 backers.



 Not an app, but an app developer, which makes everything from enterprise apps for iOS and Android to mobile games and m-sites. Appster, an Aussie firm founded by Gen Ys Josiah Humphrey and Mark McDonald, is one of the great success stories of the local tech scene. Since launching nearly four years ago, Appster has expanded to the US and now employs 140 people, and has been valued at around $15 million.

 REMODA

  
Attracting more than 50,000 downloads since launch, Remoda is a fashion app that allows users to buy and sell preloved brands via their smartphone. Users can follow other ‘trendsetters’, see what they’re buying and selling and share each other’s items. Prices are negotiated between the buyer and the seller, and location preferences mean users can do deals with people within walking distance. Founder Arie Spivak thinks it will revolutionise the Australian fashion industry, and fashion model Elouise Morris is a fan.

ZESTDESK


Sitting is the new cancer, and standing desks are all the rage. The only problem is, they’re often bulky, fiddly or impractical for use in the office. ZestDesk, created by Woollongong father-and-son team James and Dr Peter Moore, is described as the first portable, adjustable standing desk. A Kickstarter campaign to develop the product, which can be assembled on any table within 30 seconds and packed away when not in use, raised more than $70,000 from 191 backers. The most recent update indicates the final version should be ready to ship by September.
 
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Note This News is reprinted from site http://www.news.com.au/finance/business/five-of-australias-most-innovative-business-making-gadgets-and-apps/story-fnda1bsz-1227374449164
Some of Australia's biggest businesses have thrown their weight behind the push for gay marriage, with a full-page newspaper advertisement today.
Corporations including Google, Qantas, Optus and the ANZ and Commonwealth banks have put their names to a list of Australian businesses backing marriage equality.
Others supporters include law firms Slater and Gordon and Gilbert and Tobin, and the Football Federation of Australia.
Australian Marriage Equality national director Rodney Croome said the corporations approached the organisation send the message that Australia's business community was behind marriage equality.
"It was about corporate saying it's not just about us individually supporting this, we want to do it collectively and send the strongest possible message," Mr Croome said.
He said corporations understood the importance of respect for diversity in the workplace and equality for staff and customers.
"They're also very sensitive of course to Australia's international reputation ... that is at risk of suffering if we don't catch up to countries that are most like us — New Zealand, the UK, the US, Canada and now, Ireland," he said.
The same-sex marriage debate has gained momentum this week on the back of Ireland's hugely successful referendum at the weekend.
This morning, Coalition MP Warren Entsch said a number of Labor and Greens MPs had said they were willing to co-sponsor a same-sex marriage bill.
"I have spoken to members across parties and independents, all have agreed that they're happy to put their names and signatures to this," Mr Entsch said.
"It's just a matter of finalising it."
Labor is preparing to introduce its own bill on Monday and Mr Entsch said he was working on a cross-party solution and expected to have a draft bill ready by August.

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Prime Minister Tony Abbott has emphasised any moves to legalise gay marriage must be owned by the Parliament, not a single party.
Mr Abbott's sister Christine Forster told the ABC earlier she believed gay marriage would be legal in Australia by the end of the year.
Ms Forster, who is engaged to a woman, told Lateline she thought her brother knew the change was inevitable.
But she said she did not think her brother's personal opposition to gay marriage had changed.
"At the end of the day I'm sure he will understand that this is good and fair for everybody and it will be great for Australia," she said.
Mr Abbott said on Wednesday the decision on whether or not Liberal MPs should have a free vote on the issue would be decided in a party room debate.
He also indicated there should be bi-partisan support for the issue. 

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Note this News is reprinted from site http://www.abc.net.au/news/2015-05-29/ad-showing-companies-supporting-same-sex-marriage/6505788
UK Oil and Gas Investments (UKOG) said it had found a ‘world class potential resource’ in Sussex, but experts believe fracking is needed to extract commercial quantities of oil



An oilfield near Gatwick airport could hold up to 100 billion barrels of oil, according to a British exploration firm, in possibly the biggest onshore oil discovery in England since the 1980s.
The firm UK Oil & Gas Investments (UKOG) revealed it had found a “world class potential resource” after drilling 3,000ft below ground in West Sussex. However, UKOG said only 3-15% of the 100bn total would be recovered based on similar finds in the US.
“We think we’ve found a very significant discovery here, probably the largest [onshore in the UK] in the last 30 years, and we think it has national significance,” Stephen Sanderson, UKOG’s chief executive told the BBC.
Shares in the company more than tripled in value in frantic trading. The shares jumped 203% to touch 3.3p by mid morning.

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Analysts suggest the Horse Hill oilfield – dubbed Britain’s Dallas – could hold 158m barrels of oil per square mile, a significant increase on reports last year that it could hold 20m barrels.
The majority of the oil was discovered when UKOG workers drilled the deepest well in the region in the last 30 years.
Sanderson said the find would “comprehensively change the understanding of the area’s potential oil resources”.
He added: “Based on what we’ve found here, we’re looking at between 50 and 100 billion barrels of oil in place in the ground.
“We believe we can recover between 5% and 15% of the oil in the ground, which by 2030 could mean that we produce 10%-to-30% of the UK’s oil demand from within the Weald area.”
In a statement to investors, the firm said that more drilling and testing would be required to prove its commercial value – but that the well had “the potential for significant daily oil production”.
Most experts believe fracking would be needed to extract commercial quantities of oil from the region.
However, UKOG has said that it is not intending to use the controversial method – which involves pumping water, sand and chemicals into rocks at high pressure. It said that the oil at Horse Hill is held in rocks that are naturally fractured, which “gives strong encouragement that these reservoirs can be successfully produced using conventional horizontal drilling and completion techniques”.
This news is reprinted from site http://www.theguardian.com/business/2015/apr/09/west-sussex-oilfield-could-produce-50-to-100m-barrels-of-oil


Rules coming into effect on 6 April allow over-55s free access to retirement funds, although pension providers are encouraging people not to rush into decisions

From 6 April anyone over the age of 55 will be able to take what they want, when they want, from their pension funds. Photograph: E. M. Welch/Rex/E. M. Welch/Rex 
 Pension providers are expecting to take as many as 40% extra calls from customers next week as thousands of over-55s try to take advantage of new rules which come into force in one week’s time and allow them access to their retirement savings.

However, despite the anticipated surge in customer inquiries, a Guardian survey found that half of the major pension providers will not be open for business on Monday 6 April, a bank holiday.
Almost all of the 12 major pension providers surveyed have taken on extra staff to cope with demand, with one, Scottish Widows, anticipating up to two years’ worth of inquiries in the first few months of the freedoms coming into effect.

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“We strongly recommend that customers take their time and not rush these decisions too quickly given the complexity and risks involved,” said a spokesperson for the company.
Another, Royal London, said it expected to take 14,000 calls next week – 4,000 more than it would usually handle over the same period. Meanwhile, rival firm Zurich said it expects more than 2,500 calls about pensions freedom in the first week of the reforms.
However, while companies such as Fidelity, Scottish Widows, Standard Life and Aviva will open for business on 6 April, Royal London and Zurich will not take calls until the Tuesday, along with others including Axa and the Pru.
In a sign of the confusion surrounding the reforms one company, Fidelity, said it had seen an increase in calls from customers in recent weeks “but these mainly come from people who believe that the deadline to access their pensions is 6 April,” said a spokesperson.
From 6 April anyone over the age of 55 will be able to take what they want, when they want, from their pension funds and will no longer be herded into buying an annuity. Actuarial firm Hymans Robertson estimates that as much as £6bn will be released from pension pots in the first four months of the reforms.
However, the pensions minister Steve Webb has said that people should not rush to do anything.
“If I had a single message for people with a pension pot on 6 April it’s stay in bed,” he said. “Take the grandchildren on holiday – it’s the Easter holidays for goodness sake. If you don’t absolutely have to do something on 6 April why on earth would you?”
Those who do want access to their money may be disappointed both with their providers approach and the cost.
The Guardian’s survey found that while the majority of providers do not charge people to access their retirement savings, some will. Royal London, for example, will charge a one-off fee of £184 to take money out via flexible drawdown while Friends Life will allow four free withdrawals a year but will then charge £20 a time.
Other providers, such as Virgin, will not be offering customers the ability to access their cash over time. Virgin customers will either have to cash in their full pot or transfer their funds to an annuity provider or other pension scheme.
The government’s Pension Wise service, which will provide free advice to retirees, will be open for appointments on 6 April.
This news is reprinted from site http://www.theguardian.com/money/2015/mar/30/pension-providers-expecting-40-surge-in-inquiries-after-rule-change





10.20pm: Australia have won through to the Cricket World Cup decider, with Steve Smith and Mitchell Johnson starring in a 95-run win over India in their semi-final at the SCG.
After a Smith century helped Australia set a target of 329, the visitors were not in the contest for much of the run chase, dismissed for 233 from 46.5 overs.
Johnson claimed the wickets of Rohit Sharma (34) and Virat Kohli (1) which put the Australians on top early in India’s innings. Australia will meet New Zealand in Sunday’s final at the MCG

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9.13pm: The noise is dissipating. The Swami Army can only scream their lungs out for so long. Hope might be gone - unless India’s captain MS Dhoni has a miracle up his sleeve. India require 172 runs from 102 balls. Let’s assume they don’t get there. That’ll leave us with Australia versus New Zealand in the World Cup final at the MCG on Sunday. Ladies and gents, that’s a giant of a championship match. Two aggressive and attacking teams. One match. Winner takes all. A crowd of about 90,000. All the traditional trans-Tasman rivalry. Mitchell Starc and Mitchell Johnson bowling to Brendon McCullum? Yes, please. But we’re getting ahead of ourselves. Right now, India are still in the tournament and Dhoni is strolling around as if he has a near-impossible situation in hand ...
8.33pm: Australia on top. James Faulkner dusts himself off after taking a beating early to take the wicket of Suresh Raina (7) and India have lost 4-32 in the last 10 overs and face an almost impossible task now. The Indian-dominated crowd has gone quiet.

8.12pm: Johnson again! Rohit Sharma flat bats Johnson for a six which enrages the quick who flings one in that gets a bottom edge and clips the bails on the way through. India have lost 3-15 in 31 balls and all momentum is lost. Sharma’s 34 came from 48 balls. The visitors need 238 runs with 7 wickets in hand.

7.59pm: Johnson! Mitchell Johnson makes a very important breakthrough removing Virat Kohli who was rushed trying to hook a short ball and only managed to balloon it off the top edge. The dangerous Indian batsman is gone for a solitary run, India has lost 2-2.
Good move by Clarke to get Johnson back on to replace the expensive Faulkner. 2-78 15th over.

7.45pm: Game on! India have hit the go button. If they do it for another couple of hours, they’ll be contesting Sunday’s World Cup final against New Zealand at the MCG. India are 0-73 off 12 overs with Shikhar Dhawan on 45 and Rohit Sharma on 21.
Australia are so desperate for a wicket that captain Michael Clarke has brought Josh Hazlewood back into the attack. India’s legion of supporters are in full voice but there’s still a long, long way to go. If they pull it off they’ll have completed the highest run chase in World Cup history. It’s tense and getting tenser. Breakthrough! Hazlewood gets his man. Dhawan (45) gives Glenn Maxwell a catch in the deep ... now they’re 1-76 in the 13th over and India’s premier batsman, Virat Kohli, comes to the crease.
7.09pm: WATTO! Did he just half-volley the World Cup? Mitchell Starc’s opening over is as seamless as expected. He entices an edge from Rohit Sharma and the ball flies to Shane Watson at first slip. He takes the ball cleanly, low and to his right. Howzat? The umpire says zat not out. They refer for video confirmation. The replays show the ball has half-volleyed into Watson’s hands. He hasn’t claimed the catch. He’s been as unsure as anyone else.
Shikhar Dhawan backs away from facing Starc at the last moment. There’s been no reason for it other than his nerves and the enormity of the occasion. A grinning Starc knows it. He looks at Dhawan with a grin. As if to say, you can back away all you like. Sooner or later, you’ll have to face me. Dhawan nicks Josh Hazlewood on five and Australia’s wicketkeeper Brad Haddin spills a leaping catch. For the minute, India are in survival mode against Starc, who’s hit 150.4km/h. They’re 0-20 after five overs in pursuit of 329.
Innings wrap
Steve Smith has shown why he’ll be Australia’s captain upon Michael Clarke’s likely retirement from the ODI team after the World Cup.
The real question is whether Clarke’s final match in pyjamas will be this one.
We’re in for a riveting night. Smith’s masterful 105 has pushed Australia to 7-328. It’s a big score. Yet it’s not as big as it could have been.
On a flat pitch with a lightning outfield, it feels like an above-par total ... but not by a mile. India has the batting to pull it off, but everything will have to go their way.
Offered 328 before the innings started, Australia would have taken it.

The pace attack of Mitchell Starc, Mitchell Johnson and Josh Hazlewood is formidable. Allrounder Shane Watson and part-time spinner Glenn Maxwell will have crucial roles.
India will feel as though momentum is in their favour because for a while there, while Smith was hitting boundaries at will, they were being batted out of the game. They’re still in it — just. Starc’s opening spell will tell a story. He has the potency to blow India out of the water. So does Johnson. So might Hazlewood.
If the tourists survive what will be a furious onslaught with the two new balls, we might be in for a thriller. Johnson has belted 27 from nine balls in a late burst with the bat. He’s the sort of mercurial character who invariably follows a sparkling innings with a flurry of wickets
6.02pm: Watto you got to go. Shane Watson is caught on the ropes in the 48th over for 28 from 30 balls. Sharma has 2-49. Australia is 7-298 and should have been 50 more by this stage but have lost wickets at crucial times. They will, however, back their bowlers to defend this.
India will fancy their batsman to chase it down.
5.53pm: Faulkner out and Australia are struggling for traction in the last overs. The all-rounder made 21 from 12 balls before being bowled by Yadav (4/68) and was the man to inflict real damage at the end of the innings. 6-284 in the 47th over.
5.34pm: Australia throwing this away! Michael Clarke is out for 10 and his side has lost 3-16 from 28 balls when they should be making merry. 5-248 43rd over. Sharma the successful bowler.
5.14pm: Oh no. Australia lose 2-1. Finch 81 from 116 balls becomes Yadav’s 3rd victim. Clarke and Watson are at the crease now and both are yet to score. If Australia do not pass 300 they will have underachieved. India are back in this.
5.11pm: Big Show cameo: Glenn Maxwell hits 23 from 14 balls but Ashwin has him caught on the boundary and the Australians are 2-232 in the 38th over. Finch 80 from 113 balls is the innings anchor.
Shane Watson to the crease. Can be confident Watson will bat for his side and not for himself.
4.53pm: Wicket. Steve Smith tries a swat pull and skies the ball to the boundary where it is caught by RG Sharma from the bowling of Yadav for 105. He faced 93 balls, hit 11 fours and two sixes.
Finch (73no) and Smith put on 182 from 186 balls and Clarke has opted to send in Glenn Maxwell to take it up a notch or two. Yadav has 2/41 in his sixth over.
Australia is 2-197 in the 35th and will be aiming to get 350.
4.44pm: Steve Smith 100: The brilliant young batsman has brought up his hundred by cracking a six and four in that over from the otherwise frugal bowling of M Shami. In 115 minutes at the crease he faced 89 balls, hit 10 fours and two sixes.
That is his first World Cup century and the fourth of his career. Hit all of them this summer too. Remember he wasn’t in the ODI side for first 50 over match against South Africa.
Aaron Finch has moved to 69 and is upping the ante.
Australia 1-188 in the 33rd over
4.40pm: Steve Smith has reached a century off just 89 balls as Australia heads towards a score well in excess of 300 against India at the SCG
4.30pm: 30 overs completed. The Australians are 1/155. It’s a solid platform that promises some fireworks from here on. Smith is 80 at a run a ball and Finch has moved to 56 from 93 deliveries. Question is whether Clarke will put Maxwell in next to light the fuse.
The Indian bowlers are trying to keep it tight, but struggling to threaten on what is a good batting wicket.
4,00pm: SMITH HAS A HALF CENTURY: The anointed future of Australian cricket Steve Smith brings up his 50 from 53 balls with 6x4s. He almost played a false stroke on 49, but has been flawless otherwise. It is his fourth half century of the World Cup. The side will be banking on him notching up 100 here or even more. Australia brought up the 100th run for the loss of one wicket at the end of the 19th over. Steady going.
3.44pm: REHYDRATE. Time for drinks at the SCG and the Australians are 1-89 from 16 overs. The DJ has now played Leaps and Bounds twice. Could someone tell him that we are playing at the SCG and not the MCG?
Steve Smith is closing in on a half century with 45 from 43 balls while Aaron Finch has got over his earlier troubles and pushed on to 28 from 46.
Smith is really showing his class out there. He is a batsman who knows where runs are on a field and the easiest way to get them. Not for him bludgeoning, he is all placement and timing and has two 3s to go with his 6x4s.
With Finch out of sorts he has taken a leading role.
3.36pm: You can watch video of David Warner’s early exit here:
3.26pm: It wouldn’t be an afternoon of sport without the WAGS.
3.16pm: Here’s why it will still feel like a home match for Australia. Because the SCG pitch itself is so familiar. The crease, the backdrop to the bowlers, the Members and Ladies Pavilions ... just the whole scene is one in which they’ve stood countless times before.
Steve Smith has wandered out and looked comfortable from the get-go. He’s blocked a four ... you’re in good and delicious nick when you’re blocking fours.
We saw a fascinating thing in the SCG nets the other day. Not all of Australia’s batsmen are especially keen to face Mitchell Johnson in the nets.
Smith walked straight in and they had a 20-minute stoush that displayed all of Smith’s skill. Johnson was bowling fast and occasionally short. Smith gave as good as he got. He pulled one of Johnson’s bouncers with enough force for the ball to nearly fly straight through the nets and roll towards Surry Hills. Johnson grinned and applauded.
Even in the nets, Smith was fidgety, hyperactive and industrious. He shirked nothing. No different today. he’s called for a new bat. In Ian Chappell’s day, they’d use the same bat all summer. The one magic wand. Smith will have used about ten this season. Nothing wrong with Smith’s new blade ...he pulls his next two balls for four. Smith is unbeaten on 30 from 26 balls. Finch is 11 from 27. Australia are 1-56 after ten overs.
3.10pm: Gideon Haigh’s piece on Australia and India’s torrid reunion is worth reading here:
2.46pm: OUT! Warner has belted out the national anthem like he’s sitting in the Victor Trumper Stand with a cold one in his hand. Aaron Finch has been out of sorts. One of his remedies has been to get on the drink with Brian Lara. Well, by getting on the drink, we mean they talked through his batting slump in a social setting. Finch has poked at his first ball and missed it. He’s poked at his second ball and hit it.
Kohli comes running in from cover to clap and talk and get himself involved. India see Finch as a weakness. They’ll remind him for the foreseeable future. Warner plays and misses his first ball from MD Shami ... and Kohli nearly does a cartwheel at square leg. It’s the sort of high-octane atmosphere that will get Warner’s juices flowing. Or get him out. Forgetting the emotion and stakes for a second .. the pitch looks a belter and Australia will be wanting a total with a three in it. They’ll want the three to be the first number.
Warner punches Umesh Yadav’s first delivery through mid-off for four. A controlled and authoritative push. He pulls Yadav for six over midwicket. Just a flick, really. India are asking for trouble if they think they can pepper Australia with short balls. Pakistan’s Wahab Riaz could do it because he was operating at 150km/h and he was, quite frankly, a man possessed.
India’s quicks aren’t 150km/h and so far, they’re only in possession of unthreatening pies. Warner is looking great. Finch, less so. And then proving that cricket is a funny old game to anyone who isn’t on the end of the joke, it’s Warner who departs for 12. A leading edge from Yadav flies straight to Kohli. It’s fair to suggest that Kohli is happy to accept the chance. Australia are 1-15 in the fourth over.
2.27pm: Who’s saying what on Twitter about the semi-final: “There is More life on Mars than this grassless SCG pitch! minimal lateral movement for bowlers #Runs#AUSvIND#STOPSTARTCRICKET.” - Former Australia fast bowler Damien Fleming.
“Why am I so anxious so nervous looking forward to this match. Last time I felt like this I had WI colours on.
#worldstage#gloriouscricket.” - West Indies great Brian Lara.
“Let’s go boys! Big day @scg The whole country is behind you #Believe#GoGold@CAComms@MClarke23@stevesmith49.” - Australian tennis star Lleyton Hewitt.
“I hear @scg is going to be grassless/dry/spinner friendly .. Sounds perfect conditions for @CricketAus@cricketworldcup@ICC@BCCI#CWC15.” - Former Australian batsman Damien Martyn.
“An hour and a half to go.. All set here in Miami..gonna hav to pull an all nighter!!Thank God I don’t play tomm#INDvAUS#WontGiveItBack.” - India tennis star Sania Mirza in Miami where she is playing in a tournament.
2.18pm: The Teams:
Australia: D Warner, A Finch, S Smith, M Clarke, S Watson, G Maxwell, B Haddin, J Faulkner, M Johnson, M Starc, J Hazlewood
India: R Sharma, S Dhawan, V Kohli, A Rahane, S Raina, MS Dhoni, R Jadeja, R Ashwin, M Shami, M Sharma, U Yadav
2.05pm: TAKEOFF! So ... blue skies at the SCG, glorious blue skies. Blue shirts. Loads of blue shirts. But the suggestion that this’ll feel like a home game for India ... please. It’s the SCG.
Australia are curled up in their own familiar dressing room. The shed from which they’ve gathered so much success. The plaque to their fallen little mate Phillip Hughes is on the wall.
There might be a lot of Indian supporters here, and they’re going to make your ears bleed, but this is such an iconic Australian arena that there’s only one team feeling like they’re playing on their home patch of dirt. Families and friends of the Australian players are here. They don’t get that in Mumbai.
We saw Wallabies captain Michael Hooper out in the car park. Dude was on a motorbike. We thought it was a somewhat stylish way to arrive at the cricket. But Hooper was leaving. Dude! Have you lost your mind? Come back!
There’s no grass on this pitch. None. Nada. Nought. We’ve watched Australia train this week. We’ve watched India. It’s our firm belief that Australia would win this match nine times out of ten.
In the nets, Australia’s fast bowlers have been so superior to India’s. No real contest on that front.
Australia seemed to have about eight batsmen training with absolute aggression and commitment while India might’ve had two. Australia’s fielding sessions were so much sharper We know India’s running between the wickets is the equivalent of a High School XI. Nine times out of ten, this is Australia’s match while Michael Hooper fangs it up to the northern beaches.
Michael Clarke tosses the coin. Tosses it halfway to the boundary. The coin falls his way ... “We’ll have a bat, thank you,” he says. And that might be the end of the pleasantries for a while. David Warner will open the batting with Aaron Finch. Keep an eye on Virat Kohli on the field. He’ll be in Warner’s face. And in his ear.