August 2022 – Page 28 – Michmutters
Categories
Australia

Australia has a steep hill to climb on electric cars – but if ever there was a time, it’s now | Adam Morton

Llast week an acquaintance who owns a secondhand Japanese electric car, brought to Australia as part of a bulk purchase by the Good Car Company, posted a quiet boast. His wife of him had put their Nissan Leaf in for its annual service of her. No major problems were found – just an underinflated tire. The total bill? $120.

Reading that sent me to the mess of my glovebox to work out how much I had paid mechanics to keep my Subaru Outback running over the past year. It added up to more than $700.

I don’t have the time or the inclination to estimate what I’ve spent on petrol over the same period, but I know I coughed up $115 – nearly as much as for the annual service on the Leaf – just to fill the tank last Monday.

If this sounds like a prelude to making a case that the time for an EV expansion is well overdue – and that there is a unique political opportunity in the months ahead – it is.

Last year, about 2% of new cars sold in Australia were electric. It was a jump from 0.8% in 2020 but still thousands behind many other countries. Across the globe, the average in the final quarter last year was 13%, with Europe and China leading the pack.

This isn’t surprising when you consider there are about 450 EV models available on the global market, but fewer than 10 can be bought in Australia for less than $60,000 and buyers may have to wait months for their car to be delivered.

Data from 2018 shows the average greenhouse gas released per kilometer by a new passenger car in Australia was about 30% higher than in the US, 40% higher than in the EU and nearly 50% higher than in Japan.

Not coincidentally, greenhouse gas emissions from transport in Australia surged by more than 20% between 2005 and when Covid-19 hit in 2020. They fell a bit during the lockdown years but are expected to jump back to pre-pandemic heights this year.

Official projections last year showed little change was expected in Australia’s transport emissions before 2030. Again, this isn’t surprising. There is no national policy to reduce them.

The lack of policy is not due to a lack of policy ideas. Among the most popular is the introduction of mandatory vehicle fuel efficiency standards. They would set an emissions target for manufacturers, measured in grams of COtwo released per kilometer and averaged across all the new cars they sell. The target would be gradually reduced to zero, when it would effectively become a ban on new fossil fuel cars.

While Australia has resisted, fuel efficiency standards are common elsewhere – they cover about 80% of the global light vehicle market.

why? There are arguments relating to climate impact, energy security and supporting manufacturing industries. Car companies themselves want fuel efficiency standards, arguing there won’t be an adequate supply of EVs into the country until a decent policy is in place.

And the evidence says efficiency standards make economic sense – they reduce fuel costs.

According to a recent report by the Australia Institute’s Audrey Quicke, if Australia had introduced fuel efficiency standards six years ago, the country’s drivers would have saved $5.9bn. A ministerial forum on vehicle emissions standards in 2016 found the net benefit across the country by 2040 could be nearly $14bn.

MPs from what was then the Coalition government were persuaded. Josh Frydenberg, then the minister for energy and the environment, famously compared the rise of EVs to the iPhone and predicted people who mocked the technology would one day be using it.

weekend app

Despite this, the Coalition shelved its plan for mandatory standards in the face of resistance internally and from the auto industry. It abandoned it completely during the 2019 election campaign, when Scott Morrison claimed a Labor policy based on the forum’s recommendation would “end the weekend”.

Unreleased polling suggests the attack set back community support for EVs. And, of course, the Coalition won that election.

Labor responded by winding back its commitments. Its pledge on EVs before this year’s election was that it would reduce tariffs and taxes, require 75% of commonwealth fleet purchases and leases to be low-emissions vehicles – a step that should help create a second-hand market – and increase spending on charging infrastructure. It would then develop a broader national strategy if it won power.

That brings us to this week.

An invitation-only national EV summit will be held in Canberra on Friday bringing together car company executives, infrastructure bosses and senior MPs from across the country to discuss the best path ahead.

Its main subject will be how to design fuel efficiency standards. There is a growing expectation that it is now a matter of when, not if, they are introduced. The evidence in favor is overwhelming and the biggest roadblock – the federal Coalition government – ​​has been removed.

The summit has been instigated in part by Boundless, a new not-for-profit created by the tech billionaire Mike Cannon-Brookes and his wife, Annie. Led by Eytan Lenko, the former chair of the thinktank Beyond Zero Emissions, Boundless aims to accelerate climate solutions needed for Australia to become a renewable energy superpower by 2030, with an initial focus on EVs.

No one should underestimate the scale of transformation needed to get the country’s vehicle fleet to zero emissions in just 28 years. Given the average life of a car on Australian roads is about 10 years, the sale of new fossil fuel cars would have to end by about 2035. Any policy that doesn’t set the country on that path is not a policy for net zero.

But the Albanese government has a freedom on EV policy that it has not granted itself in other climate-related areas. By ruling nothing out before the election, it starts with a clean slate – and the resistance from the auto industry, while not nonexistent, is less powerful than in other parts of the economy.

The climate change and energy minister, Chris Bowen, has so far responded to questions about fuel efficiency standards by acknowledging that “everything is on the table”. A final policy is still some way off, but he is expected to use his keynote address to the summit to start to flesh out just what the road ahead will look like.

Categories
Technology

Future BMW M3 to be ‘groundbreaking’ EV with traditional feel

‘Crazy’ M3 on the cards

“The story of the M3 is everlasting,” said van Meel. “Every time we change the story of the engine, from four-cylinder to six-cylinder to eight-cylinder to six-cylinder and a turbocharger, the story continues.

“Maybe it will go electric – but if it does, it will always be an M3. Whatever the powertrain, you should always be able to drive our cars and know they are M cars. We have stood the test of time for 50 years and will continue to do so.”

Intriguingly, he added: “I would love to see electrified Ms in the future – hybrid and pure-electric, but if we bring them, they will be so groundbreaking that you will say: ‘This is crazy, I didn’t see that coming.’”

His comments suggest BMW bosses are not concerned about the appeal of its high-performance products wanting as they go electric, Neither, it seems, are its customers. “We’ve just been talking to customers and the feedback is that 90-95% don’t care what direction we take on powertrain. They just want an M car. Yes, some say that if we don’t do V8s, they’re out but that’s okay: I respect that,” said van Meel.

The current M3 was launched in 2020 as a highly bespoke and far more potent take on the G20-generation 3 Series, which has just been updated and is expected to remain on sale until around 2025. Whether the M3’s life cycle will follow that timeline has yet to be confirmed, but van Meel’s hint at an electrified future for the super-saloon raises the possibility of a hot version of the radical new ‘NK1’ saloon due to arrive in 2025.

Categories
Sports

Tottenham and Chelsea managers Antonio Conte and Thomas Tuchel sit off after Premier League sideline scuffle

The latest London derby between Chelsea and Tottenham was a thriller that ended in a 2-2 draw because of a goal deep into stoppage time by Harry Kane, but that ended up as an afterthought.

The managers stole the spotlight after an explosive end to the game at Stamford Bridge, just like there was in 2016 when Tottenham’s title challenge ended with a 2-2 draw against Chelsea and both sets of players and coaches clashed repeatedly on and off the field.

Six years on, Chelsea manager Thomas Tuchel and Tottenham boss Antonio Conte shook hands on the field after the final whistle, but Tuchel seemed to not let go of his grip and intimated that Conte look him in the eye.

They squared up and shouted in each others’ faces, before players and coaches from both teams piled in, pushing and shoving.

Chelsea coach Thomas Tuchel shouts at Tottenham coach Antonio Conte after a Premier League match as people hold them back.
Thomas Tuchel (left) says both managers were “fighting for [their] teams”.(Getty Images: Marc Atkins)

Tuchel and Conte were then shown straight red cards and there is the potential for a further ban.

The pair had clashed during the match, too, when Conte celebrated Tottenham’s first equalizer by Pierre-Emile Højbjerg in the 68th minute.

Conte went up to Tuchel and barged into his chest, sparking a melee among the coaching staff and substitutes as Tuchel pointed to Conte and told him to stay in his part of the technical area.

Then, after Reece James put Chelsea back in front in the 77th, Tuchel set off on a sprint past Conte and down the touchline, clenching his fist in delight.

“I thought when we shake hands you looked in each other eyes, but Antonio had a different opinion,” Tuchel said of the post-match clash with former Blues manager Conte.

Chelsea manager Thomas Tuchel holds onto Tottenham manager Antonio Conte's hand as they pass each other.
Conte (right) says next time he will make sure he looks his opposing manager in the eyes when shaking hands.(Getty Images: Marc Atkins)

“He was happy when they equalized and it got a bit heated, but nothing big… I think it was not necessary but a lot of things were not necessary.”

Conte said the referee “didn’t understand the dynamic of what happened … it would be a pity if, for this situation, we miss the next game.”

The Italian manager said he would “pay more attention” next time when he shakes hands with his German counterpart, but both managers said they “enjoyed” the clash.

Tottenham coach Antonio Conte tries to pull away from Chelsea manager Thomas Tuchel's handshake.
Thomas Tuchel (left) holds on a bit longer than Antonio Conte (right) may have liked when the pair shake hands after the game.(Getty Images: Marc Atkins)

“I think that, for what happened we did enjoy it,” Conte said, agreeing with an earlier statement from Tuchel.

“Next time we’ll pay more attention, just shake the hand and solve the problem. I’ll stay on my bench, he’ll stay on his bench.”

Tuchel also played down the clash, saying they were simply “fighting for our teams.”

“Nobody got insulted, nobody got hurt, we didn’t have a fist fight or something,” he said.

“For me, it’s not a big deal. It was part of it today and it boiled of course and it featured us. Both nothing bad.”

AP

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Categories
Australia

In the vast region of Timber Creek, domestic violence victims have few places to go

In other communities Kathryn Drummond had worked in, domestic violence shelters were a haven for women and children in crisis.

In Timber Creek, where she treated a woman from a nearby community who had been beaten by her partner earlier this year, a terrible thought crossed her mind.

“I started becoming very uncomfortable, knowing there was potential that I may have to return this woman to the environment that I had just gone and picked her up from,” Ms Drummond said.

“I had long conversations with the police about… what is this going to look like? Is this a safe option?”

“And I don’t think it was a safe option.

“It was virtually the only option for her.”

Tasked with keeping vulnerable Indigenous patients safe from harm, Ms Drummond and her team at the Katherine West Health Board clinic in Timber Creek instead find themselves at the coalface of a glaring service gap.

Health worker Kathryn Drummond reads and reads some paperwork in the kitchen of a clinic.
Ms Drummond says health staff have to sit up all night with domestic violence victims.(ABC News: Jesse Thompson)

In more than a dozen remote communities across the territory, government-funded women’s safe houses provide families with refuge in a jurisdiction with the nation’s worst rates of domestic violence.

But the regional service hub of Timber Creek missed out, leaving vulnerable women in a vast stretch of outback linking Katherine to the East Kimberley hundreds of kilometers from dedicated help.

Overnight safe houses

When Lorraine Jones first began as an Indigenous liaison officer with the local police force in the 1990s, she would deal with domestic violence incidents by day and take the victims into her own home by night.

An Indigenous woman in a police uniform smiles at the camera.
Lorraine Jones began as an Aboriginal community police officer in 1996.(Supplied: Lorraine Jones)

“With all the victims that were coming through from communities, I used to put them up in my house before they got transported out to Katherine, or until they were safe,” the Ngaliwurru and Nungali woman said.

Decades on, her family says little has changed.

On the outskirts of Timber Creek in Myatt — a small Indigenous community skirted by rolling hills and bursts of canary yellow flowers — some of the demountable homes have been turned into overnight safe houses.

Ms Jones’ sister, Deborah, recalls spending anxious nights with victims here.

She worries it exposes younger generations to cycles of violence and places further strains on the small community.

“As a mother, as well, you know, you try and explain to the children who the victim is, where they’ve come from,” she said.

“The kids would ask, question, what are they doing here in their house?

“Plus, they don’t have any food with them. Don’t they have any money, those victims that come to your house.”

Two Indigenous women sit beneath the shade of a red gum tree.
Lorraine and Deborah Jones in the community of Myatt, outside Timber Creek.(ABC News: Jesse Thompson)
Indigenous leader Lorraine Jones stands in front of a house looking concerned.
Lorraine Jones worked as a community liaison officer in the 1990s.(ABC News: Jesse Thompson)

Several Timber Creek residents the ABC spoke with for this story said they had also resorted to taking women into their own homes.

Locals say the long-standing issue is evidence their calls for more resources continue to fall on deaf ears.

“We’ve been asking for a very long time to get a shelter,” Ms Jones said.

“Not only myself, but during my time in the police force as well.

“We’ve been pushing. We haven’t got any help.”

The small, north-west Northern Territory community of Timber Creek at sunset, seen from above.
Timber Creek sits about three hours driving west of Katherine.(ABC News: Jesse Thompson)

‘The rest of the day is gone’

Years after Ms Jones took off her police badge, serving members say the domestic violence situation in the Timber Creek region has become worse.

Provisional police statistics show the region’s officers responded to roughly 11 incidents in the 2018/19 financial year.

But that figure more than doubled to about 24 the following year, ballooned to 41 over 2020/21 then dropped slightly to 33 in the most recent period.

The Katherine police station as the sun sets
Superintendent Kirk Pennuto oversees officers in the remote NT from Katherine.(ABC News: Jesse Thompson)

Superintendent Kirk Pennuto, who oversees police operations from the Gulf of Carpentaria to the Western Australian border from Katherine, said the callouts are also generally becoming more serious, with more offenses typically flowing from each incident.

“Most of the communities that are not dissimilar to Timber Creek would have access to a service such as a safe house,” he said.

“Certainly, the statistical data, broadly, would suggest that one would be of value in that region, as it has been — as they are — in other regions.”

A Northern Territory police officer walks down a hallway with bright white lighting.
Superintendent Pennuto says domestic violence incidents in the region have recently increased.(ABC News: Jesse Thompson)
A bald police officer sits in a blue chair, looking at paperwork.
Superintendent Pennuto says the severity of the incidents is also getting worse.(ABC News: Jesse Thompson)

The service gap is having a domino effect across the sprawling region.

Police occasionally have to leave the community for entire working days as they escort victims to a shelter three hours away in Katherine.

“From a policing perspective, the moment you get that incident, you can be sure the rest of that day is gone,” the superintendent said.

“A lot of the stuff you would like to be doing in a proactive sense in trying to engage with that community and trying to prevent these things from happening going forward, you tend to just be responding and reacting to these things.”

A motorhome moves along a remote stretch of highway in the NT, with a road sign visible.
The town of Timber Creek sits near the WA/NT border.(ABC News: Jesse Thompson)

Nurses also embark on the 580 kilometer round trip, and the removal of staff from the area can see outreach services in surrounding outstations and communities be delayed or dumped.

On other occasions, Ms Drummond said, health workers have spent the night sitting up with victims in the clinic until the threat has passed.

“So it tends to be we curl the patient up in our emergency room on one of our stretchers,” she said.

A boab tree next to a police station sign in the remote NT community of Timber Creek.
Timber Creek police sometimes embark on a six-hour round trip to Katherine.(ABC News: Jesse Thompson)

Millions spent while region goes without

The federal government said it had invested more than $40 million into 16 remote women’s safe houses across the territory over two Indigenous partnership agreements since 2012.

But it said the Northern Territory government chooses where they go.

A spokesman from the NT department tasked with domestic violence prevention said that decision is based on rates of violence, staffing and funding.

They added that Timber Creek receives funding for a domestic violence coordinator in addition to outreach services in Katherine, which are supported by a women’s refuge in Kununurra, hundreds of kilometers away

The local council’s assessment is more blunt.

Senior Victoria Daly Regional Council, Brian Pedwell, says the issue is bounced between tiers of government like a handball.

“You can only write so many letters, you know, to all these ministers, but it doesn’t really hit them in the core,” he said.

Neither Mr Pedwell nor his deputy, Timber Creek resident Shirley Garlett, are sure why Timber Creek never received a shelter.

Indigenous Major Brian Pedwell leans against a glass building looking concerned.
Brian Pedwell says it’s unclear why Timber Creek never received the service.(ABC News: Jesse Thompson)

The Northern Territory’s domestic violence minister, Kate Worden, herself a domestic violence survivor, says she would build one straight away — if she had more federal funding.

“To all of the women in Timber Creek that require services: yes we will continue to look at it,” she said.

“We will make sure that we continue to talk to the Commonwealth government about making sure the Northern Territory has adequate funding going forward to provide services to women where they need them the most.”

The minister will soon formalize a request for additional Commonwealth funding, an issue thrust into the spotlight following the alleged domestic and family violence deaths of two Indigenous women and an infant in the last month alone.

A spokeswoman for federal Social Services Minister Amanda Rishworth said all domestic violence funding requests from states and territories would be considered once they are received.

An Indigenous woman in a red headscarf wears a look of concern.
According to Shirley Garlett, locals feel like they are flogging a dead horse.(ABC News: Jesse Thompson)

Ms Garlett said in the background of the bureaucracy, a serious problem rages on.

“It’s an issue because we’re losing people,” she said.

“People are dying, committing suicide and we can stop that if we have, you know, if we have the right place. If we have the right structure.”

A drone shot of Timber Creek with a car seen driving along a highway.
The clinic services a large area west of Katherine.(ABC News: Dane Hirst)

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Categories
Business

5 things to watch on the ASX 200 on Monday 15 August 2022

A happy male investor turns around on his chair to look at a friend while a laptop runs on his desk showing share price movements

Image source: Getty Images

On Friday, the S&P/ASX 200 Index (ASX: XJO) finished the week in a disappointing fashion. The benchmark index fell 0.5% to 7,032.5 points.

Will the market be able to bounce back from this on Monday? Here are five things to watch:

ASX 200 expected to return

The Australian share market looks set to rebound on Monday following a very strong night on Wall Street on Friday. According to the latest SPI futures, the ASX 200 is expected to open the day 39 points or 0.55% this morning. On Wall Street, the Dow Jones was up 1.3%, the S&P 500 climbed 1.7%, and the NASDAQ jumped 2.1%.

Oil prices fall

energy producers Santos Ltd (ASX: STO) and Woodside Energy Group Ltd (ASX: WDS) could start the week in the red after oil prices tumbled on Friday. According to Bloomberg, the WTI crude oil price dropped 2.4% to US$92.09 a barrel and the Brent crude oil price fell 1.45% to US$98.15 a barrel. Oil prices came under pressure on speculation that US Gulf supply disruption will ease.

Westpac Q3 update

the Westpac Banking Corp. (ASX: WBC) share price will be one to watch on Monday when the banking giant releases its third quarter update. The market is likely to be looking for an update on how Australia’s oldest bank’s cost cutting program is progressing and how its margins have fared since rates started to rise.

Gold price rises

gold miners Newcrest Mining Limited (ASX: NCM) and Northern Star Resources Ltd (ASX: NST) could have a decent start to the week after the gold price pushed higher on Friday night. According to CNBC, the spot gold price was up 0.45% to US$1,815.50 an ounce. The precious metal recorded its fourth straight weekly gain after the US dollar softened.

Bendigo and Adelaide Bank results

Westpac isn’t the only bank releasing an update today. Bendigo and Adelaide Bank Ltd (ASX: BEN) shares will be on watch when the regional bank releases its full year results. According to a note out of Goldman Sachs, its analysts expect the bank to report a cash profit of $502 million and pay a full year dividend of 123 cents per share.

Categories
Technology

Porsche Unveils The Colossal 911 GT3 R

For many of us, the sight of waking up to a 911 sitting in our driveway is the stuff of dreams. A beautifully designed, meticulously engineered, driver-focused package that has arguably become the most recognizable silhouette in the history of sports cars. There is, however, a small subset of individuals whose days are spent in fire-retardant clothing that requires a far more ludicrous iteration of that gorgeous profile – a track-only, performance-focused monster, more commonly known as the Porsche 911 GT3 R .

The GT3 R is the first customer racing car based on Porsche’s exceptional 992 platform, which will be officially unveiled at the 24 Hours of Spa-Francorchamps and ready to race at the start of the 2023 GT3 season. Development of the car began in 2019 with a focus on driveability for gentleman drivers and reducing the running costs for teams, though make no mistakes about it; this is a professional piece of kit.

911 GT3 R Project Manager, Sebastian Golz was adamant about blending performance with usability: “For us, it was primarily about our customers being able to drive the racing car fast for longer. This requires durability and that’s why we focused predominantly on improved driveability. This is reflected in the new 4.2-liter engine’s broader usable rev band, more stable and constant aerodynamics and lower loads on the rear tires, which allow their potential to last longer.”



RELATED: Jeremy Clarkson’s Story About Why He Loves The Porsche 928 Will Make Grown Men Cry

Porsche Unveils The Colossal 911 GT3 R

The most apparent internal improvement to 911 GT3 R is the increase in capacity from 3,997 to 4,194 cc, resulting in a power output of around 416 kW (565 PS). The flat-six is ​​still normally-aspirated and will sound symphonic all the way up to its ludicrous rev limiter, while a sequential six-speed contest-mesh gearbox (pulled from the 911 GT3 Cup) should produce shifts as fast as they are reliable .

In terms of exterior, the aerodynamic upgrades are noticeable. An elevated underbody combines a smooth undertray and a rear diffuser, increasing downforce without much drag increase. The polarizing “swan-neck” mount has also found its way onto the GT3 R, which might not be everyone’s cup of tea, but the clean air under the wing improves the aerodynamic efficiency and, therefore, shaves a bit of time off those precious laps.

Porsche Motorsport now offers the new 911 GT3 R for €511,000 ($750,000) plus country-specific charges and optional extras.

Porsche Unveils The Colossal 911 GT3 R

2023 Porsche 911 GT3 R (992) Technical Data

Weight/Dimensions

  • Basis weight: ca. 1,250 kg (depending on BoP classification); wheelbase: 2,507mm
  • Length: 4,619mm; Width: 2,039mm (front axle) / 2,050mm (rear axle)

Engine

  • Water-cooled six-cylinder boxer, rear-mounted; capacity 4,194 cc, stroke 81.5 mm, bore 104.5 mm; max rpm 9,250/min; power: ca. 416 kW (565 PS); four-valve technology; single throttle butterfly system; direct fuel injection; engine control unit Bosch MS 6.6; dry sump lubrication with oil-water heat exchanger; single mass flywheel; race exhaust system with twin tailpipes and DMSB certified catalytic converter; fuel quality: Superplus unleaded to E20 (min. 98 octane)

Transmission

  • Porsche six-speed sequential constant-mesh gearbox; shift paddles on the steering wheel with electronic shift actuator; mechanical limited slip differential with adjustable preload system unit; three-plate carbon race clutch

Suspension

  • Forged aluminum control arms and top mounts, stiffness optimized; high-duty spherical bearings with dust protection; wheel hubs with central locking; five-way adjustable racing shock absorbers, motorsport-specific valve design and blow-off function; suspension adjustment via shims; sword-type anti-roll bars adjustable on both sides; spring travel potentiometer; tire pressure monitoring system

front-axle

  • Double wishbone front axle, adjustable ride height, camber and toe
  • Electro-hydraulic power steering
  • Single-piece alloy rims, 12.5J x 18, tire size 30/68-18

rear-axle

  • Multilink rear suspension, adjustable ride height, camber and toe
  • Racing driveshaft with tripod flanges
  • Single-piece alloy rims, 13.5J x 18, tire size 31/71-18
Porsche Unveils The Colossal 911 GT3 R
Porsche Unveils The Colossal 911 GT3 R
Porsche Unveils The Colossal 911 GT3 R

Categories
Entertainment

Wife’s decision to make Facebook account exposes husband’s 17-year affair

A woman has shared her heartbreak after discovering that her husband of 25 years and the father of her children has a whole other life.

The devastated lady, who shares three children with the man she thought was the love of her life, said she’d been left “broken” by his deceit and lies.

Taking to Reddit in an anonymous post, she opened up about his betrayal and how she has coped since being delivered the blow, The Sun reports.

She explained: “My husband has a second family. The ultimate cliche has happened in my life and I’m absolutely broken.

“My husband, my rock, has been having an affair for over 17 years. We have been married for 25 years.

“We have three beautiful children, two in college and one who still lives at home – but turns out he’s had another set this whole time.”

The woman then shared further details, as she revealed that her other half is an insurance broker and therefore often travels with work, spending one week on and one week off at home.

However, now it has emerged that on his “week off”, he’s been playing happy families with his fiancee and their two teenage children.

She then shared how social media helped her to discover his infidelity after she decided to set up a Facebook account.

She explained: “When I searched my husband’s first name, another profile with another last name popped up, through that profile were the links to his fiancee and other kids.

“My husband is currently with said family and I know it’s him because his most recent post is a photo of him and that other family eating dinner.

“Among those photos were photos of him kissing the girl and him being fatherly with the kids who look nearly identical to my husband.”

The anonymous woman then said she is unsure how she will confront him, but “almost every part” of her “wants to scream in his face and reprimand him for ruining” her life.

Yet, she also admitted that as “her heart is in shambles” and that a different part of her wants to pretend she never saw so as not to disturb their “peaceful” family life.

She concluded: “I don’t know what to do anymore. I can’t be in the home where we’ve raised our kids, where we’ve spent every Christmas for the last 26 years.“ And where I’ve been alone on New Years’, taking care of our babies while he “ works”. I just can’t.

“I want to leave a note for him too, to hurt him like he’s hurt me, but I don’t think that’s possible. I don’t know how I’ll ever face him again.”

This article originally appeared on the US Sun and was reproduced with permission

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Categories
Sports

F1 news 2022: Ralf Schumacher calls for Alpine not to block Oscar Piastri, Daniel Ricciardo

German racing legend Ralf Schumacher has pleaded for Alpine not to block Oscar Piastri’s path to Formula 1, arguing the team only has itself to blame for losing the prodigy driver.

Australian star Daniel Ricciardo became embroiled in F1’s mid-year silly season following reports he will be replaced by young compatriot Piastri at McLaren next year.

Watch Every Practice, Qualifying & Race of the 2022 FIA Formula One World Championship™ Live on Kayo. New to Kayo? Start your free trial now >

The messy contract situation erupted after two-time world champion Fernando Alonso blindsided the F1 world and jumped into Sebastian Vettel’s vacated seat at Aston Martin.

Alpine then announced Piastri would replace Alonso in 2023, only for the 21-year-old Melburnian to reject the seat — a bold move for someone who is yet to drive in F1.

The Enstone team asserts that Piastri, Alpine’s reserve driver for 2022, should respect the contract, but the Victorian believes the commitment is not valid because an option clause expired.

The matter could be settled to the courtroom – Alpine team principal Otmar Szafnauer threatened to file a civil lawsuit to recover the millions of dollars spent on training Piastri this season.

“I expected more loyalty from Oscar than he is showing,” Szafnauer told Spanish publication The confidential.

“I started in 1989 in Formula 1 and I’ve never seen anything like this. And it’s not about Formula 1, it’s about integrity as a human being.

“For me, the way I grew up, I don’t need to sign a piece of paper and then have someone say, ‘You’re lying, because you signed this’.”

According to French publication Auto Hebdothe FIA’s Driver Contract Recognition Board has found that both Piastri’s Alpine and McLaren contracts are valid.

speaking to Sky F1 in GermanySchumacher argued Alpine’s contract woes were self-inflicted, calling on the F1 team to respect Piastri’s wishes.

“Piastri has done everything right,” he started.

“Now we can only hope that the sore loser – in this case Alpine – doesn’t put obstacles in the boy’s path. Piastri was with them, they had everything in hand, all they had to do was give him a contract.

“I’m sorry. I like Otmar, but he will be disappointed in his own performance, that he did not see it coming with Alonso and that he does not have a plan B. That’s the embarrassing thing about the whole saga.

“Accordingly, he has to blame himself. Oscar did nothing wrong. At the end of the day, Alpine could have questioned Alonso earlier and made it clear to Piastri that they would be relying on him in the future.

“He won Formula 3 in his first year, and Formula 2 as well. What should he be waiting for? I would have done the same if I had been offered a job.

“One thing was clear; Alpine wasn’t interested in putting Piastri in the car next year at the beginning because they saw that young drivers need a certain amount of time (until they arrive in Formula 1).

“They wanted to put him somewhere else for one or two years. There was an option from Alpine to (put Piastri in the cockpit), but it wasn’t taken because they didn’t expect Fernando Alonso to leave.

“When you have such a jewel, it’s criminal to let him go. If you’re then unable to get the contracts right yourself, you can’t blame the young man.

“You also have to remember one thing; Piastri’s manager Mark Webber has a very, very close relationship with McLaren team boss Andreas Seidl.”

On Friday, FIA President Mohammed Ben Sulayem claimed the contract issue would be solved through their own means instead of in the courtroom.

“The FIA’s Driver Contract Recognition Board (CRB) was set up to deal with contract priority issues between drivers and F1 teams,” he tweeted.

“That’s why we rely on their decision to resolve any conflict.”

Meanwhile, Ricciardo is reportedly seeking a whopping $21 million payout to walk away from his contract with McLaren.

The 33-year-old is reportedly only party who can break his contract with the team, which expires at the end of 2023.

A payout would clear the way for McLaren to officially sign Piastri.

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Categories
Australia

Shocking ‘calculation and brutality’ behind double Sydney murder, says former cop

Former NSW detective Peter Moroney has agreed with NSW Police Superintendent Danny Doherty that the police force has never seen an attack of the kind before Saturday.

I have told Today the manner of the shooting was completely “unprecedented”.

Former NSW Detective Peter Moroney has spoken after two women were shot dead. (Nine)

Police believe the shooter was targeting 48-year-old mother Lametta Fadlallah, who was sitting in a car with 39-year-old Amy Al-Hazzouri when their car was sprayed with bullets near a Panania home about 10pm on Saturday night.

Police have described the death of Al-Hazzouri as collateral damage.

A 20-year-old man and 16-year-old girl were also in the car at the time of the shooting.

Moroney has told Today “the manner, the calculation and the brutality” of the murders would be worrying police, highlighting the planning and preparation that went into the killings.

“If you are unpacking what actually happened, for someone to know where she was, they obviously would have had to survey her for a point of time,” he said.

“They have sat and waited for her to sit within that vehicle before they came and then opened fire at close range.”

After watching footage recorded of the shooting, the former detective said he had counted 16 to 17 shots fired very quickly.

“That’s someone with clear intent to certainly leave those people deceased.

“Someone clearly wanted (Fadlallah) dead. They shot her in a manner in which they did. They didn’t care who was with her.”

Lametta Fadlallah (left) and Amneh Al-Hazzouri were shot dead in Sydney. (composite)

He said that “in most simple Aussie terms” he would describe the shooter as “an absolute grub”.

Speaking on the fears of retaliation attacks following the murders, Moroney said a risk of future attacks could be expected if the shooting was connected to current gang warfare in Sydney.

“What comes next? Sit down and hold on,” he said.

“It’s not known if it’s linked to the current stream of violence we have at the moment. If it is, the retaliation will come thick and it will come fast.”

Categories
Business

Robbie Ferguson is the Rich Lister doubling down on crypto

“That really forced us to focus on developing a product that people wanted to use, rather than papering over it with a bull market and incentives and crazy token prices. That focus, I think, on building a product that people actually wanted to use was imperative for us developing anything good.”

In fact, he reckons that if the company had raised the $280 million that it did in March at the early stages of its development it wouldn’t have been good.

A lot of ground to claw back

“We had no idea how to spend that money. When we raised $2.5 million (in 2018) you have to think incredibly efficiently. What is the priority today?

“I actually think having too much money can be harmful to the psyche of building something because you tend to view it as, I have to spend this rather than what I need to build. Or who do I need to hire in order to accomplish what I want?”

The Ferguson brothers debuted on the Financial Review Rich List in May with wealth estimated at a combined $1.01 billion.

Since then, crypto markets have tumbled before a rebound last month. But there’s a lot of ground to claw back. Ether, the currency tied to ethereum, which Immutable builds its businesses upon, is down about 50 per cent.

Ferguson concedes the downturn is hurting crypto companies. Even Immutable has let some people go within its gaming operations. Ferguson wouldn’t comment on the cuts.

But he is busily hiring to build the broader business, confident Immutable is building products, including its Immutable X platform, that will find demand as more of the world shifts to owning and trading digital assets, or non-fungible tokens (NFTs).

Immutable co-founder Robbie Ferguson is doubling down on crypto. Louie Douvis

“Our thesis is that all forms of unique value in the world will eventually be tokenized,” he says.

“And they will be tokenized via the data structure of an NFT. So, in 10 years, we expect the vast majority of industries with unique value, whether it is real estate and trading houses, or whether it is the trillion dollars’ worth of T-bills or term deposits that are outstanding liabilities today, to be tokenised and transformed into NFTs.

“The technology in the platform that we’re building for games is precisely what is needed to allow hundreds of millions of homes to be tokenised, or pieces of real property and IP, like music royalties.”

The company’s genesis was in video games called Etherbots and Gods Unchained, where players could buy and sell items within the game.

Obsessed with fantasy

But as demand for their games, and to own items within them, surged, so too did the fees to keep building it on the blockchain.

So, they set about building a platform that would allow gamers and other businesses wanting to market NFTs to operate without incurring huge costs, called gas fees.

Ferguson confesses he was a massive nerd who was obsessed with fantasy fiction as a kid.

He was dux of his year at Knox Grammar, but even though he was punching above his weight academically, he and James would frustrate their parents by spending a lot of time playing video games.

Gods Unchained trading cards, of which there are more than 25 million in existence. The Ferguson brothers developed the popular game in 2018.

“We would play a tonne of video games,” Ferguson recalls. “I think I have a few thousand hours in League of Legendsa few thousand hours in runescape from when we were a bit younger. Anything with an in-game economy, I loved. I wasn’t particularly good at these games, by the way,” he tells the podcast.

“I do remember Mum being very frustrated with those, but I think that formed the basis of a lot of what we ended up building later on and understanding that these digital goods are actually really meaningful for kids.”

By the time he was in year 9, he was working with his brother on side projects. They became obsessed with developing digital products.

It was during his summer holidays at the end of 2017, after his second year studying law and computer science at University of Sydney, when one of their ideas was really paying off.

A game they’d built, Etherbots, went viral. It was making millions. Ferguson didn’t go back to university. They set up Immutable instead. For a time they worked all night from a co-working space.

“I remember the other half of the building was this photo box start-up that was building photo boxes for events. And they thought we were nuts. They came in on a Monday, and we were just sleeping under the desks, and we hadn’t left all weekend.”