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Showing posts from March, 2020

Is an Australian life still worth AUD 4.2 Million? Forced shuttering of businesses, massive job losses, loss of wealth implies life is now worth less; Morrison Govt duty bound to ask taxpayers first before spending another cent on its Wuhan Virus stimulus

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Ganesh Sahathevan                                           Even the ABC is worried that things have changed                                            forever An Australian life is worth $4.2 Million. That is the value of a statistical life, or the offical rate that guides Government policy in for example, the cost  of the stimulus and other measures that the Morrison Government is implementing to manage the economic impact of its Wuhan Virus/Covid-19 mitigation measures. The concept is summarised on the Commonwealth Department Of Prime Minister And Cabinet  website: Key Points: • Willingness to pay is the appropriate way to estimate the value of reductions in the risk of physical harm – known as the value of statistical life. • Based on international and Australian research a credible estimate of the value of statistical life is $4.2m and the value of statistical life year is $182 000 in 2014 dollars. • There are complicating assumptions used to derive these

NSW Bar Association has requested Commonwealth and State Govt financial assistance for barristers, including grants: Bar has yet to address inefficiencies, waste within its system, and the matter of Zhu Minshen & Top Group

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by Ganesh Sahathevan NSW Chief Justice Tom Bathurst says he is "still enjoying the job". Wolter Peeters,AFRChief Justice Bathurst told the AFR's Michael Pelly was his "present intention" to ser ve. Bathrust wa s reported to have sacrificed earning of some AUD 12 Million by leaving Bar and becoming Chief Justice. From the NSW Bar Society website: President Tim Game SC has written to  Attorney General Mark Speakman SC  and  Attorney-General Christian Porter  requesting urgent financial assistance. The letter to AG Speakman includes this paragraph:  3. Extension of business stimulus packages and concessions for sole traders. This could take various forms including: a. making certain classes of barrister (e.g., legal aid practitioners) eligible for grants worth a set percentage of their average monthly profits, over a set period (e.g., the past 12 months); And similarly the letter to the Christian Porter: Under the current stimulus package, bar

Australia and NSW need Army's Special Operations Engineer Regiment's skills to fight Wuhan Virus/Covid-19: Berejiklian and her State Emergency Management Committee Chairman Andrew Cappie-Wood incompetence costing too much,cannot afford another Ruby Princesse debacle

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by Ganesh Sahathevan Border Force Commissioner Michael Outram  laid Ruby Princess blame with NSW Health ,but  Premier Gladys Berejiklian and her State Emergency Management Committee (SEMC)  are ultimately responsible Andrew Cappie-Wood heads the SEMC.He sees himself as a player in the NSW political arena. That attitude is costing the NSW economy. NSW Premier Glady's Berejiklian continues to inflict economic loss on the state in what is now clearly a  misinformed and misjudged response to the Wuhan Virus. The Ruby Princess debacle was the most obvious, but prior to that was her refusal to stop flights from China. Additionally Berejiklian could have in reliance on NSW Health data limited the virtual lockdown to a few suburbs in NSW, but she chose instead to inflict economic loss on the entire state. NSW and the rest of Australia needs real expertise in dealing with biohazards and the entity that has it is the Australian Army's  Special Operations Engineer Re

Covid-19 presents Australian Government with a once in a lifetime opportunity to cut fat : Cutting funding to College Of Law Sydney can save AUD 3 Billion, other areas of waste can be easily identified

by Ganesh Sahathevan It is obvious that the Government's Covid-19 stimulus will have to be large, and it is equally obvious that funding the stimulus will require an increase in taxes. Meanwhile there is plenty in Government funding that is wasteful and unproductive. That waste must go, and the fat should be incised quickly in order to minimise the burden on the taxpayer. The New South Wales and Australian legal establishment's College Of Law Sydney is one example and the method outlined below for estimating the quantum of the waste  can be used as a quick and easy way to estimate how much can be saved from other outflows of taxpayer cash in other areas of spending. The College Of Law Sydney has been shown to cost the taxpayer approximately AUD 50 Million in FEE HELP fundin g. That annual outflow is worth in present value terms approximately AUD 3.35  Billion , when discounted at the current 15 Year Government Bond Yield of 1.49%. Cashflows into perpetuity are often a

Morrison Govt can afford AUD 3 Billion to support & re-train retrenched workers by withdrawing funding allocated for the College Of Law NSW PLT : An opportunity for Law Council Australia & NSW Law Society to show leadership & admit that their PLT is of little practical value

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by Ganesh Sahathevan                       In Malaysia deprived of the protective mantle of the NSW and Australian legal establishment the College Of                           Law's problems became all too apparent  The Morrison Government has remained silent on the matter of providing support and training for workers, especially casual workers who have and will be retrenched in the days to come.  There have been requests for the Government to  provide paid worker re-training, but again, the Morrison Government has kept quite. The Council of Small Business Organisations Australia CEO, Peter Strong,   said the government should consider giving training vouchers to employers to give staff skills training while they were out of work during any shutdown period. “A training wage is less than the minimum wage, but it’s still better than Newstart." Funding is always the issue especially with a recession more likely than not, but this is precisely the reason why the al

The so-called SAS execution of an "unarmed man": ABC admits that SAS were looking for a bomb maker and that the Army dog seems to have identified him as a bomb maker with a bomb, but insists it was an execution of an unarmed man

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by Ganesh Sahathevan PHOTO:  The man tries to fight off the dog as Soldier C arrives.  (Supplied) In ABC Four Corners own words:  It is a bright day in May 2012, and 3 Squadron SAS is looking for an insurgent bombmaker. The handler, with his dog, follows the patrol scout, who Four Corners has called Soldier C, through a field towards a mud compound. The helicopters are guiding them to a person who has been spotted in a wheat field ahead. Amongst the wheat, the dog handler and Soldier C come across a bearded man in his 20s being mauled by the dog, called Quake. "Quake, leave!" yells the dog handler. As the dog lets go, Soldier C trains his M4 assault rifle on the man from a range of between 1 and 2 metres. After more than 20 seconds the soldier turns to the dog handler. "You want me to drop this c***?" "I don't know mate. Hit ***** up," replies the dog handler, referring to the patrol commander, who has taken up a position ne

Premier in waiting Mark Speakman AG SC demands religious leaders receive training in "domestic violence awareness", but will not trust them to witness simple statutory declarations :Are Speakman and his Department attempting to entrap religious leaders?

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by Ganesh Sahathevan The latest from the Premier in waiting Mark Speakman AG SC : Mark Speakman @MarkSpeakman Religious and community leaders will receive #domesticviolence awareness and prevention training in a bid to boost victim support and to increase reporting across NSW. #VAW #DFV dcj.nsw.gov.au 9:05 AM · Mar 16, 2020 · Twitter for iPhone From his press release “Multicultural communities, and those who’ve recently emigrated to NSW in particular, will often look to local community or religious leaders as a first point of contact about a range of issues, including potential domestic abuse,” Mr Speakman said. Meanwhile, Speakman and his Department continue to insist that religious leaders, who are often ministers of religion, including those who are registered marriage celebrants cannot be trusted to witness even the simplest statutory declarations.  The above raises the