queensland chinese news issue 252

the submariner

EVERY ROLEX IS MADE FOR GREATNESS. THE SUBMARINER, INTRODUCED

IN 1953, WAS THE FIRST WATCH TO BE WATER RESISTANT UP TO 100

METRES. IT WAS LATER STRENGTHENED BY ITS PATENTED TRIPLE-SEAL

TRIPLOCK WINDING CROWN, MAKING IT CAPABLE OF WITHSTANDING DEPTHS

OF UP TO 300 METRES.

p.02!!!Queensland Chinese News!!!www.qcn.net.au! 252 27.05.2011

!Queensland Chinese News www.qcn.net.au!!! 252 27.05.2011 !!p.03


2010

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Navi Pillay Andrew Metcalfe 2011 12 750 2010 11 4,000 Metcalfe 800 2002

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3,726 7,594 230 4,000

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(Tony Abbott) 2 2 2 5 10 (Warren Truss)

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16 Anthony Roberts 2 Port Macquarie 55 16 3

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BRW Rich Herald Sun9%

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Serviced apartmentsA residential asset wrapped up in a commercial lease

Over one trillion dollars is now locked-up in Australian super and 14% or $159 billion of it is currently being held in either cash or bank deposits. Seecharts 1and 2overleaf. In short, there is a wall of money waiting to fi nd a home.

Put off by the current state of the residential property market and its somewhat lacklustre outlook -well for the short-to-medium term at least -one asset type worth investigating is serviced apartments.

There are currently 972 separate serviced apartment projects across Australia, with most being in Queensland. See charts 3and 4. Four out of fi ve serviced apartment guests are domestic and two-thirds of the existing operators target the holiday market.

There has been very limited new supply in recent years, yet demand is on the increase. Chart 5shows that 2.3 million people stayed in an Australian serviced apartment last year, up from just one million users a decade ago. Yet over the same time period, fewer than 2,000 new serviced apartment rooms have been added to the supply each year. Furthermore, the industry is controlled by only a handful of players (chart 6), with very few catering for the more lucrative corporate market.

A serviced apartment product must have on-site management and consist of at least a studio apartment that contains both sleeping and living areas. A food preparation area, catering facilities and bathrooms are required in each apartment, with self-service laundry facilities provided either in-apartment or within the premises. Daily room servicing must be available. Maximum tenure is usually oneyear.

Now, we are not fi nancial adv isors and ind iv idua ls need to under take the i r o w n d u e d i l i g e n c e , b u t serviced apartment products have several advantages over traditional residential investments. This is especially t h e c a s e f o r s e r v i c e d apartment operators who target the corporate market.

Apart from offering pre-tax returns between 1% and 2% higher than standard r e s i d e n t i a l p r o p e r t i e s , serviced apartments also offer a commercial lease arrangement. Some of the most common complaints from residential landlords concern vacancies, tenant turnover, and resultant repairs and maintenance, serviced apartments owners, however, do not have these issues.

Serviced apartments, and in particular that segment t a r g e t i n g t h e c o r p o r a t e market, are likely to attract a lot more attent ion from traditional residential investors and se l f -managed super f u n d s i n c o m i n g y e a r s . Serviced apartments offer a physical product very close to residential but with the added bonus of a commercial lease.

Matusik

FINAN

CE

Swap It, Dont Stop ItThe Australian Governments Swap It, Dont Stop It campaign

encourages the Chinese speaking community to make small, healthy lifestyle changes to reduce their risk of some chronic diseases.

The Australian Governments Swap It, Dont Stop It campaign encourages the Chinese speaking community to make small, healthy lifestyle changes to reduce their risk of some chronic diseases.

Through press, radio, online advertising, and translated information materials, Eric, a likeable but overweight blue balloon

character, is encouraging the community to consider nutrition and physical activity swaps they can make in their everyday life that may benefi t their health and wellbeing. These swaps include swap big for small (portion control); swap often for sometimes (occasional treats); swap sitting for moving (physical activity); and swap watching for playing (physical activity).

Regardless of height or build, a waist measurement greater than 90cm for men and 80cm for women can increase the risk of some chronic diseases.

The Swap It Dont Stop It campaign offers practical advice and makes sense for the community, says Ms Sharen Ying Xia,

Accredited Practising Dietitian. You can start with just a few swaps each day and build up from there.

Children are likely to follow the lead of their parents at the dinner table. Demonstrate healthy eating behaviours by choosing appropriate portions and eating slowly.

The health status of migrants varies according to a range of factors, says Executive Manager of

the Centre for Culture, Ethnicity and Health, Ms Michal Morris. The Swap It, Dont Stop It campaign is important for migrants adjusting to different lifestyles and food. They can often fall under the radar for healthier eating and physical activity information because of language barriers and health priorities specifi c to their communities; this means they can become susceptible to some chronic diseases.

Ms Ying says Losing weight doesnt have to be hard. Health professionals and community organisations can play an important role in helping people make these small changes when they are in the supermarket, the kitchen or when playing with the kids, which can all make a real difference.

A mushroom used in Asia for its medicinal benefi ts has been found to be 100 per cent effective in suppressing prostate tumour development in mice during early trials, new Queensland University of Technology (QUT) research shows.

The compound, polysaccharopeptide (PSP), which is extracted from the turkey tail mushroom, was found to target prostate cancer stem cells and suppress tumour formation in mice, an article written by senior research fellow Dr Patrick Ling in the international scientifi c journal PLoS ONE said.

Dr Ling, from the Australian Prostate Cancer Research Centre-Queensland and Institute for Biomedical Health & Innovation (IHBI) at QUT, said the results could be an important step towards fi ghting a disease that kills 3000 Australian men a year.

The fi ndings are quite signifi cant, Dr Ling said.What we wanted to demonstrate was whether that compound

could stop the development of prostate tumours in the fi rst place.

In the past, other inhibitors tested in research trials have been shown to be up to 70 per cent effective, but were seeing 100 per cent of this tumour prevented from developing with PSP.

Importantly, we did not see any side effects from the treatment.

Dr Ling said conventional therapies were only effective in targeting certain cancer cells, not cancer stem cells, which initiated cancer and caused the disease to progress.

During the research trial, which was done in collaboration with The University of Hong Kong and Provital Pty Ltd, transgenic mice that developed prostate tumours were fed PSP for 20 weeks.

Dr Ling said no tumours were found in any of the mice fed PSP, whereas mice not given the treatment developed prostate tumours. He said the research suggested that PSP treatment could completely inhibit prostate tumour formation.

Our fi ndings support that PSP may be a potent preventative agent against prostate cancer, possibly through targeting of the prostate cancer stem cell population, he said.

He said PSP had previously shown to possess anti-cancer properties, and turkey tail mushrooms (known as Coriolus versicolor or Yun-zhi) had been widely used in Asia for medicinal benefi ts.

However, Dr Ling said it was the fi rst time it had been demonstrated that PSP had anti-cancer stem cell effects.

Although turkey tail mushrooms had valuable health properties, Dr Ling said it would not be possible to get the same benefi t his research showed from simply eating them.

A fundraiser has been organised in September to support further tests for the therapeutic potential of PSP against prostate tumours either alone or in combination with other anti-cancer compounds.


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River Plaza CityFerry terminal to reopen in July

Lord Mayor Graham Quirk has announced the River Plaza CityFerry terminal at South Brisbane will be rebuilt and an interim terminal opened by the end of July.

Cr Quirk said the news followed last months opening of temporary pontoons at seven CityCat and CityFerry terminals that were severely damaged during the January fl oods.

Council has been working tirelessly to restore the CityCat and CityFerry network and the reopening of the fi nal ferry terminal reaffi rms Councils commitment to getting Brisbane back in business, he said.

Lord Mayor of Brisbane

Graham QuirkOnce we got confi rmation

that the Federal Government would fund fl ood damaged ferry terminals, we looked at when we could get River Plaza up and running.

Our priority was getting the busy CityCat terminals up and running within three months after the network was wiped out by the devastating fl ood.

While River Plaza will fi ll a missing link, the reality is that it is only serviced by the smaller CityFerry service and attracts less than one customer per journey.

Latest fi gures show there was an average of 68 passengers per day from 1 November 2009 to 31 October 2010. It is not serviced by the larger CityCat ferries.

Cr Quirk said off site repairs would commence on the interim terminal this month and it was expected to be operational on 31

July.The River Plaza reconstruction and reopening will follow the

West End ferry terminal, which is expected to be operational in July. Council has fast-tracked a major upgrade of the terminal that would allow two CityCats to dock at once when completed in July.

Construction of the new CityCat terminals at Northshore Hamilton and Teneriffe is underway.

Brisbanes CityCats and CityFerries resumed last month at University of Queensland (St Lucia), Regatta, North Quay, QUT Gardens Point, Holman Street and Sydney Street.

River Plaza works wil l involve repairing the damaged infrastructure and reinstating the pontoon and gangway as an interim ferry terminal until the permanent terminal is constructed in approximately two years.

Cr Quirk said every effort would be made to minimise disruption to the local community during the works.

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queensland chinese news issue 252

Documents

queensland chinese news

rki rki reinhard burger

brett wood

eoc pr

pr navitas

comvita new zealand

navi pillay andrew metcalfe

chris bowen