There is a huge interest in carter Observatory from everyone, and as someone who has worked and helped out at Carter over the years I would like to see the place open and back up and running.
My main concern is where has the funding gone? Also the lack of communication about what’s going on with the Observatory.
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The timing of Winter Astrocamp to take advantage of the wonderful winter night skies when the most brilliant region of the Milky Way is overhead in the early morning.
This year we are again at the Carterton R.S.A. Talks and workshops will be held at the R.S.A. between 10:00am and 4:00pm (exact times to be confirmed) Saturday and Sunday. The RSA is a large and comfortable venue and the bar will be open. Observing will take place at the Observatory site at Ahiaruhe.
Coffee and tea are part of the registration. Lunch will be soup and a roll or something very similar. The evening meals will be smorgasboard style, and a range of dishes will be provided.
Anyone with an interest in astronomy and space is invited to join us at a mid-winter getaway with a difference. Come and meet with other amateur astronomers, share ideas and friendship, listen to good speakers, and observe the magnificent winter night sky from Stonehenge Aotearoa and through a variety of telescopes from a dark sky site.
Observing
The Milky Way is at its best at this time of year and, weather permitting, we plan to make the most of it. Observing will take place at the Phoenix Observatory which houses the 6" (15cm) Peter Read refractor, a 10" (25cm) Schmidt- Cassegrain, a 12” and a 23" (58cm) Dobsonian. At each observing session these telescopes will have their individual programmes that will take you on a grand tour of the universe. In addition participants are encouraged to bring their own binoculars and telescopes and put them through their paces at this magnificent dark sky site. We also have a drive unit for astrophotography so bring along your camera and take the Milky Way home with you.
Be sure to bring warm clothing such as thermal underwear, woollen or polypropylene hats, socks and gloves - winter observing can be magnificent if it's a clear night but frosts are not unusual in the Wairarapa in winter. However, if you do get cold you can take a break in our clubrooms and make yourself a warm drink.
Presentations
Once all the abstracts have been received, the programme (Topics and speakers) will appear as a link on the webpage. We can vouch for the fact that Winter Astrocamp speakers are interesting and stimulating speakers and we are aiming for a varied programme with something hopefully for everyone.
The Event
Held from Friday until Monday Lunch, the focus of the Winter Astrocamp is observational astronomy and astrophotography. Depending on the weather, one morning, participants will have the opportunity to tour Stonehenge Aotearoa and observe the Sun. In the evenings we have the wonders of the winter Milky Way and beyond viewed from our dark sky site. In addition to observing we have, during the day, a programme of talks plus opportunities to exchange ideas and socialise.
New Zealand Almanac 2009 and the International Year of Astronomy
New Zealand Almanac 2009 and the International Year of Astronomy
As you will know 2009 is the International Year of Astronomy and, as part of New Zealand’s contribution to this, the Royal Society will be using ‘Almanac 2009’ as a leading publication.So Almanac 2009 will be a very special issue and probably larger than normal.It will include all of its current features plus the following:-
1) The calendar grid will notify all special events put on for the public by astronomical societies and institutions around the country.This will include all conventions, conferences, observatory open days, special observing programs, and special presentations put on for the public.
2) The Almanac will include a map of New Zealand identifying the location of every astronomical society or institution in the country along with a contact person/s and phone numbers.
3) The main calendar images (12) will be a selection of the visually best astronomical photographs taken in New Zealand past and present.
4) The side images (12) will be a selection of the best or most interesting New Zealand observatories and or telescopes (professional, society, or amateur).Because people add interest and scale to a photograph it would be good to have images which include the owner/operators.
5) Up to 4 additional feature pages on different astronomical topics – if you have a great idea let me know.
6)There will be space for adverts by societies, institutions and suppliers of astronomical equipment.There will be a charge for these.
We and the Royal Society would like to see the Almanac 2009 distributed by all astronomical societies and institutions and that at least one copy ends up at every school around the country.
How you can help
We need to start gathering images (thumbnails at this stage) for selection and information that is to be included on the calendar grid.The deadline for inclusion in the Almanac will be June 30th so the sooner we get the material the better.If you or members of your Society have images or information you would like to see in Almanac 2009 email me at: hamal@...
A really good dark Sky observing night is planed for this weekend, with the great weather and Solar Activity on the rise this should be a great night. Meeting details can be found below.
7:30pm Society News
7:35pm International Year of Astronomy - presented by Marilyn Head The United Nations has designated 2009 international Year of Astronomy to commemorate 400 years since Galileo first turned a telescope to the heavens. The International Astronomical Union has put together an excellent IYA organisation which has developed a number of cornerstone projects for he world to share and participate in. There are over 100 contributing countries of which Aotearoa NZ is , of course, one - see the excellent website developed by Roland Idaczyk at www.astronomy2009.org.nz. Marilyn Head who is NZ's Single Point of Contact for IYA will give an overview of what has been developed and planned to date and is keen to hear members ideas for ways to contribute to and participate in IYA. So come with some good ideas!
8:00pm 'Bend it like Einstein' - a presentation by Aarno Korpela Light rays bend in
gravitational fields. This was already presumed by Newton, and correctly derived by Einstein. The effect is known as gravitational lensing, and it occurs in different scales, from entire galaxies lensing the images of more distant galaxies and quasars, to individual stars lensing the light from background stars. The smaller scale effect is known as microlensing, and it requires that the alignment of source, lens and observer is nearly perfect. Such alignments are very rare, but can still be detected by regularly monitoring large numbers of stars. The MOA project uses telescopes at Mt John Observatory to search for such events by monitoring starfields towards the Galactic bulge and the Magellanic clouds. Originally microlensing observation programmes were started for searching dark matter, but currently one of the most interesting outcome is the detection of extrasolar planets. In this talk Aarno will touch on the history, physics and applications
of light ray bending, including an update on the latest planet findings.
9:00pm Supper
Combined Wellington Astronomical Society and Phoenix Society Fun BBQ and Observing Evening
Starting from 6pm everyone is welcome along for a BBQ and drinks. Observing will start from 8pm, and there will be a late night Science Fiction movie, 2001 A Space Odyssey from Arthur C Clark I'm sure would be a great pick.
WAS – Phoenix BBQ & Observing Evening Saturday the 29th of March With Master Observers Ian Cooper and Chris Picking 6:00pm @ the Phoenix clubrooms, Ahiaruhe, Wairarapa http://www.astronomynz.org.nz/observing/observing.html
Hi Wellington Astronomical Society members
The Phoenix Astronomical Society would like to invite the
Wellington Astronomical Society to join us for a social gathering on the 29th March 2008 at the Stonehenge-Aotearoa site starting with BBQ at 6pm followed by an observing evening.
Please extend this invitation to all your members. It is a BYO food and drink but we will put on some extra sausages. Coffee and tea will be provided too. Anyone is welcome to bring their own telescopes if they want to. If the weather doesn't cooperate we will still go ahead with the BBQ and show a movie later in the evening.
We look forward to seeing you there.
Antony Gomez on behalf of TPAS Council E-Mail a.gomez@... Cell 021 2534979
Wellington WAS Meeting Please note change of Venue Thursday the 3rd of April 7:25pm @ Level 3 Former dominion Building near the central public libary http://www.was.org.nz/
The Meeting will start with drinks & nibbles
@7:25PM sponsored by the Alliance Francaise
Speaker: William Tobin
Topic: M51 Silvered Glass and the Internet
M51, the Whirlpool, is the nebula in which spiral structure was first discovered, in 1845, by the Third Earl of Rosse using his 'Leviathan' reflecting telescope with giant, 6-foot bronze mirrors.
A recently-unearthed drawing of M51 made in 1862 with Léon Foucault's newly-completed 80-cm silvered-glass reflector in Paris is better than all other 19th-century drawings of the nebula.
However the superiority of metallized glass or ceramic mirrors over bronze ones comes as much from their greater rigidity and the faster focal ratios achievable via the sensitive optical testing techniques initiated by Foucault.
As for the internet, the burgeoning numbers of 19th-century texts available on-line with full-text search capability makes it possible to investigate questions such as how M51 acquired its 'whirlpool' epithet. Surprisingly, the astronomical appropriation of 'whirlpool' predates the discovery of spiral structure.
Once every two years the Earth makes a close approach to the planet Mars.At these times Mars becomes a prominent bright reddish star in our night sky.A close approach to Mars will be occurring in December.This program is all about the planet Mars, its history, myths and the latest discoveries
Wellington WAS Meeting
Wednesday the 14th of November
7:25pm @ Science House (Royal Society Buildings), Turnbull Street
The speaker for the November WAS meeting at 7.30pm on Wednesday, November 14 is Tim Naish, who will talk on the Milankovitch cycles and climate. It is also the AGM
Phoenix Observing Evening
Saturday the 10th of November
Phoenix Observing Evening
With Master Observers Ian Cooper and Chris Picking
7:30pm @ the Phoenix clubrooms, Ahiaruhe, Wairarapa
Please book by contacting Chris Picking by email:picking@...
Galactic Circle: Wednesday the 19th September @ The Thomas King Observatory 4:30PM. The Thomas King Observatory is located next to Carter Observatory. The Galactic Circle is WAS's junior astronomy club and meets on the third Wednesday of each month.
Observing will start after dark. Contact John Field
john.field@...
The Phone number at Pauatahanui is 021-102-6056.
Gifford Star Party
TBA
This Saturday Duncan Hall will open the Gifford Observatory behind WellingtonCollege from 8 pm to 10 pm. The observatory has a fine 130mm Zeiss-Rumsey-Nankivell refractor and a flat area should you want to bring your own telescope or binoculars.
Contact telephone numbers are 474-5350 or PH 021-615-905
The Almanac is a beautiful calendar with wonderful photographs taken by New Zealand astronomers. Every year the photographs seem to get better - and this coming years edition is no exception! The Almanac is also packed with information on various astronomical events occurring through out the year that is presented in an easily accessible calendar format.
Almanacs make wonderful Christmas presents, so consider giving them as christmas stocking fillers.
If you would like to be sure of receiving
your Almanac in time for Christmas, then fill in the order form below and post back to us, with your cheque, as soon as possible.
GENERAL: TLS: Earnings guidance and Investor Day Presentation
Transformation drives upgraded earnings guidance, IT system upgraded ahead of schedule, icon store unveiled
Telstra has upgraded its EBIT guidance for 2007/08 and its long-term objectives for both revenue and EBITDA growth as the company's transformation strategy delivers sustained strong results.
Speaking at Telstra's annual investor briefing in Sydney today, Chief Executive Officer, Mr Sol Trujillo, announced that -
- EBIT guidance for 2007/08 would increase by two percentage points from 3-5% to 5-7% which includes a $100 million distribution from FOXTEL; and - the long-term objectives for both revenue and EBITDA growth to 2010 would increase by 0.5 percentage points from the range 2-2.5% per annum to the new range 2.5-3% per annum.
Mr Trujillo also announced that
Telstra had beaten by two months its schedule to switch-on a transformed new IT system that will make it easier for customers to do business with the company. The company also last night launched an icon store that will revolutionize the way customers interact with the company.
"Telstra is winning on the front line. We are earning new revenues as NextG TM mobile broadband changes the way customers use their mobiles; we are winning market share and revenue-per-user in broadband; and we are bucking the worldwide decline in traditional products," Mr Trujillo, said today.
"We have again beaten our own transformation timetable, switching on an improved IT system that makes life better for customers and launching a new icon store that changes the way customers experience Telstra.
"Two years into our transformation, consumers have restored Telstra's position as market leader. Consumers are recognising we offer
better products, innovation, service and value. Because of that complete experience, consumers are choosing Telstra over the competition, and they are doing it in gr owing numbers.
"Telstra is also achieving world-class marketing excellence, operational excellence and accelerating profitable growth. The best news is we are achieving these results by staying on course and executing the same integrated, forward-looking strategy we announced two years ago," Mr Trujillo said.
Mr Trujillo updated some results, expanded on the day's announcements and updated the market on the main elements of the company's transformation strategy -
- The improved IT system was switched on last weekend. Called 'IT release one', the new system will eventually serve 5.3 million consumer and small business customers by giving call centre staff a single view of the customer, reducing repeat activities, increasing automation and enabling a
single bill for most products. The second wave of IT improvement is on track for release at the end of 2008. - The new Telstra icon store was launched last night at 400 George Street. Spread over two levels in Sydney's shopping district, the T[life]TM store will revolutionise the way customers interact with Telstra.
Customers will test-drive live products, learn from interactive, hands-on technology demonstrations and receive expert advice from specially trained staff. It will be matched by an icon store in Melbourne.
- An advanced new Telstra Experience Centre will open tonight at 400 George Street. Visitors will interact with live products like Telstra's NextIP TM Virtual Private Network and NextG TM network to appreciate how integrated solutions can improve their business productivity. Industry partners will also use the Centre to setup, test and present technology innovations to Telstra customers.
-
Major network investments have provided faster broadband to more people. The company has built more than 6,000 NextG TM base stations (nearly twice the number of CDMA) providing a cell range as far as 200 kilometres and peak network speeds of 14.4 Mbps, sold nearly 400,000 mobile data cards that turbo-charge laptop s, installed 2.2 million ADSL1 and 2.7 million ADSL2+ ports, upgraded to 30 Mbps the HFC network passing 940,000 homes in Melbourne and 925,000 homes in Sydney, and achieved 99.999% reliability on the NextIP TM network for business.
- Market-based management has given Telstra unprecedented and unmatched customer knowledge of customer preferences and needs, resulting in improved customer value and satisfaction scores across all businesses units, segments and products. Strike rates on customer contacts doubled from 8% in April-June 2006 to 16% one year later. Telstra has achieved measurable improvements in brand
qualities including innovation, ease of use and trustworthiness. This has assisted Telstra to simultaneously command a price premium and increase market share.
- Telstra has bucked the worldwide trend of PSTN market share decline by adding 33,000 retail customers to the traditional copper telephone service in July-September 2007. This was assisted by the twelfth consecutive mo nth of positive retail churn, leading to world-class trends in retail PSTN revenues.
- Superior NextG TM coverage, capabilities and content has continued to attract record new customers. By 30 September Telstra had 2.514 million 3G customers of whom 1.546 million are NextG TM customers. In another world-class performance for a 3GSM operator, Telstra has generated more mobile revenue from non-SMS data content than from SMS, showing Telstra customers are using their handsets differently to experience content and services unique to the NextG TM
network.
- Customers can now choose from nearly 30 NextG TM handsets including six new devices unveiled today. The new devices include two from Nokia and others from ZTE, Samsung and Motorola, designed to appeal to specific customer segments like rural and youth. A new super receptive ZTE Country Phone TM , for instance, will enable bush customers to take even more advantage of the expansive Next G(TM) network coverage.
o Telstra also announced unique new online content and services including 33 channels of mobile FOXTEL and 33 shows on BigPond TV, a BigPond Office application that makes it easy for small businesses and families to share documents or budgets, a trial of exclusive discounts for NextG TM customers who use their handset to scan barcodes at shops and restaurants, the creation of a simulated city of Sydney on Second Life, and a new pocket-sized mobile credit card terminal for business customers.
-
Productivity has increased dramatically. Since November 2005 unsatisfied ADSL orders have fallen 90%, activation costs are down 22%, field workforce productivity has improved 20% and reported problems per 100 services have declined by 40%. Despite reducing staff numbers by 5,746 to June 2007 the company has delivered the best customer service levels ever recorded.
- The company's procurement policies continue to save money. Telstra's partnership with Brightstar for end-to- end handset procurement has delivered saving s of more than $300 million compared to old buying practices, including $246 million in 2006/07 alone. Telstra will also enter phase two of a contract with IBM to transform the supply-chain. The existing contract will contribute to savings of $159 million by the end of 2007/08. The phase two contract will produce savings beyond the $500 million already announced.
- Telstra has saved office space, water,
electricity and paper. Since November 2005 the company has exited 66 property leases representing 107,020 square metres of office space. The company will this year save enough electricity to power some 2,225 suburban homes (17.9 million KWh) and enough water to fill about 2,000 backyard swimming pools (83 million litres). Consolidating multiple customer services onto single bills has saved 240 mil
Tomorrow, Thursday 1 November 2007, Telstra will provide an update to the financial market and the media on the company's progress in relation to its transformation and strategy.
This update will be released to the Australian Stock Exchange and will be available to shareholders to download from Telstra's website at Telstra Announcements.
Shareholders are also welcome to log in to a webcast of the briefing from 8.45am (AEDT) from the Telstra website Investor day webcast.
It is essential for shareholders to have the required software in order to view the webcast. You can view the webcast by registering at the link above.
There are some capacity limits to the number of shareholders who can view the live webcasts. If you are unable to view the live webcasts, an archived webcast recording will be available at the conclusion of the webcast at the site noted above.
After 10am on 1 November, if you are a Telstra Next G or Telstra 3G mobile customer, or have access to BigPond, you will be able to
watch a short Investor Day video message from CEO, Sol Trujillo. In the message the CEO talks about Telstras retail revolution - T[life]; the launch of our new Experience Centre; and provides an update on the pace and progress of the transformation.
The video message can be found on your mobile in the top spot of the BigPond portal and is available free of charge. Alternatively, you can view it on the web at BigPond (viewing this video online does not count towards the monthly usage allowance for BigPond Members, excluding those on Dial-Up, ISDN, Satellite and hourly based plans).
7:40pm MAYAN MYSTERIES UNRAVELED A presentation by Kay Leather
The Maya is a Mesoamerican civilization, noted for the only fully developed written language of
the pre-Columbian Americas, as well as its spectacular art, monumental architecture, and sophisticated mathematical and astronomical systems. In this presentation Kay will explore the remarkable astronomy of the Maya and discuss recent discoveries.
8:30pm Coffee Break
8:45pm DAWN OF THE MAYA
A National Geographic Special (DVD)
There is the great Maya civilization that we know and another that we are just discovering. Archealogists have recently discovered another Maya civilization that existed more than a thousand years before and, outshines the classical one that we know of. Its revelations are momentous: This civilization may have been one of the greatest that the world has ever known.
The Almanac is a beautiful calendar with wonderful photographs taken by New Zealand astronomers. Every year the photographs seem to get better - and this coming years edition is no exception! The Almanac is also packed with information on various astronomical events occurring through out the year that is presented in an easily accessible calendar format.
Almanacs make wonderful Christmas presents, so consider giving them as christmas stocking fillers.
If you would like to be sure of receiving your Almanac in time for Christmas, then fill in the order form below and post back to us, with your cheque, as soon as possible.
-- Laintal on the Web
Homepage http://laintal.screenrevolution.co.nz/ NZ Astro Chat @ Google A Group for
Everyone http://groups.google.co.nz/group/NZAstroChat
Orionids Alert. Alert for Orionids peaking this weekend!! Do we watch Saturday morning down here?? Spaceweather alert today with pic.
Make a segment for Warwicks Movie. This is a good opportunity to get out and shoot 3 hour segments of wide 30second shots back to back. Use multi shot mode and lock down the handpiece, its easy. If you want to help me collect frames, and need a handpiece, Ill make one for you if its the 2.5mm mini jack style, thats easy. I cant make the Canon fitting though, sorry. You dont need fish eye, standard widest angle you got will do, and probably better, thats what Im going to use for clarity. (I got 18-55mm, equiv to 24-70 old school). He needs 360 frames of 1920 pixels width or greater, 800 or 1600 ISO, dont worry about noise, Ill send sae for cd/dvd if preferred. I could send USB stick if thats even
easier. So who is in??
Sci Fi. (My mate Module is talking about 100 usb memory sticks from Japan for $30, he says hes going to do a lolly scramble at a show, with his new song in the stick!! Sci fi guys.. (Module is Jeramiah, his music is inspired by the sky, esp the night sky. http://www.myspace.com/modulelikesbeats )
Paul Moss.
http://www.spaceweather.com/ today: That streak of light is very likely a piece of Halley's Comet. Every year in October, Earth passes through a stream of Halley's dusty debris, giving rise to the Orionid meteor shower. This year, the display is expected to peak on Oct. 21st, but some of the meteors may be arriving early. "My camera captured three more Orionids on Oct. 13th," says Emfinger, while Doug Zubenel reports seeing at least ten Orionids from the 24th annual Okie-Tex Star Party on Oct. 10th.
Do early Orionids bode well for peak-night? There's one way to find out: Watch the sky during the dark hours before sunrise on Sunday, Oct. 21st. If 2007 is like 2006, observers can expect 20 to 50 Orionids per hour: sky map.
Trading in the New Zealand dollar has
reached $4 trillion a year, reports Interest.co.nz, more than 20 times New Zealand's entire GDP. More than 85% of the trading was in currency swaps on the derivatives market, while the swap market accounted for 10%.
READ ALL ABOUT IT
In today's Independent Financial Review; GRID CHARGES THREATEN ENERGY PLAN - The government's renewables-led energy strategy, announced last week, will fail if South Island generators are forced to wear the $1 billion cost of upgrading the Cook Strait cable. NZOG ON A HUNT FOR FUNDS AND FIELDS - New Zealand Oil & Gas will shortly start pumping $120 million worth of oil a year and is looking for fresh fields. ASIAN STATIONERY FIRMS COP DUMPING DUTIES - The Ministry of Economic Development will impose hefty anti-dumping duties on imports of stationery products from five Asian countries after a complaint from papermaker Croxley.
I did a trial stack with the new moon tonight, a slight improvement on each frame, but now I know how to create a very good image given a day or two, by separating out each component and recombining downstream. I also attached a shot of the overall view, Scorpius, Antares and Jupiter, showing the light pollution on our house and TV antennae. The moon is useless at 10 seconds on a wide shot of course. Again a need arises for substituting the moon components, which I took at different exposures for later process. Those pics and their larger versions are on http://www.astronomy.net.nz/ now.
Red Rainbow in the sunset
Uenuku and Aniwaniwa
I cant show the really good pic that was sent to me today, as its a red rainbow. Its a very special rainbow, shot in last nights sunset and sent 10 minutes later to me by Simon Baumfield, he was the diver that also took pics of the Whale (and the DNA samples) in Wellington Harbour yesterday. But you can see it on our site at http://www.sky.org.nz It is relatively rare, anyone else seen a red rainbow in NZ??
Monster of the Deep A 12 Metre southern right whale at Te Rae Kai Hau Point
And the other pics I cant show you are 3 of the whale itself, sent to me tonight, not astronomic in some ways, but an
intrinsic part of Maori Navigation so it has a valid connection in my view. I can say that the shots are awesome, and the best is being published with one of my sunsets in a new calendar to raise funds for STP (Save The Point Organisation), cool. So in another way, both those non-astro shots are also connected to astronomy, as saving the point will protect us from increased light pollution. It looks like we may have to go to the high court, the madness seems to persist. Story at http://www.stuff.co.nz/4237494a10.html
The speaker for the October WAS meeting at 7.30pm on Wednesday, October 10 is Joel Baker who will be talking about meteorites. Meteorites that arrive at Earth from the asteroid belt between Mars and Jupiter are our oldest samples of the Solar System and preserve a remarkable and unique record of the formation of the Sun and the planets ca. 4.567 billion years ago. Different meteorites contain a record of the
processes of solid formation and planet building in the infant Solar System. I will describe how we use isotopic forensics at Victoria University of Wellington to study these meteorites, which has two main objectives. Firstly, we use isotopic clocks date meteorites in order to establish a high-resolution timescale for solid, planet and comet formation in the infant Solar System. We then measure the isotope ratios of selected elements in these meteorites to high precision. Because specific isotopes of certain elements are produced by certain nuclear reactions in different types of stars this allows us to build a picture of the environment in the vicinity of the proto-Solar System and constrain the astrophysical setting necessary for building stellar and planetary systems like our own.
Phoenix Observing Evening
To Be Announced
Phoenix Observing Evening
With Master Observers Ian Cooper and Chris Picking
6:30pm @ the Phoenix clubrooms, Ahiaruhe, Wairarapa
Please book by contacting Chris Picking by email:picking@...
Galactic Circle: Wednesday the 19th September @ The Thomas King Observatory 4:30PM. The Thomas King Observatory is
located next to Carter Observatory. The Galactic Circle is WAS's junior astronomy club and meets on the third Wednesday of each month.
Observing will start after dark. Contact John Field
john.field@...
The Phone number at Pauatahanui is 021-102-6056.
Gifford Star Party
13th of October
This Saturday Duncan Hall will open the Gifford Observatory behind
Wellington College from 8 pm to 10 pm. The observatory has a fine 130mm Zeiss-Rumsey-Nankivell refractor and a flat area should you want to bring your own telescope or binoculars.
Contact telephone numbers are 474-5350 or PH 021-615-905
September Astrophotography Targets from John Drummond
1. Lens - M31 in Andromeda - a large mag 4 galaxy currently culminating about 1am. I know it's a smallish target but in 6 degree FOV frame it should look nice.
2. Telescope/Easy - NGC 55 in Sculptor. It's mag 8.4 and 31' x 6'. It culminates about 12:30am. RA: 00 15, Declination: -39 13.
3. Telescope/Hard - NGC 1365 in Fornax. Type: SBb galaxy. RA: 03 33, Declination: -36 08. Magnitude: 10.3. Major axis: 11.00 arcminutes, minor axis: 6.2 RISES about 7:35pm.
2007 RASNZAPS astrophotography camp
Hi all,
just a quickie to advise that the 2007 RASNZAPS astrophotography camp will be held near Gisborne in early October 2007 - as per the voting outcomes from earlier polls. It will be held on my small farm from Friday 5th - Sunday 7th October - although people are welcome to stay Thurs - Sun nights. Cost is $15 per person per night - this includes a BBQ
each night.
The Almanac is a beautiful calendar with wonderful photographs taken by New Zealand astronomers. Every year the photographs seem to get better - and this coming years edition is no exception! The Almanac is also packed with information on various astronomical events occurring through out the year that is presented in an easily accessible calendar format.
Almanacs make wonderful Christmas presents, so consider giving them as christmas stocking fillers.
If you would like to be sure of receiving your Almanac in time for Christmas, then fill in the order form below and post back to us, with your cheque, as soon as
possible.
With the south coast being an important site for events and Dark sky observing and the recent success of stopping the Aquarium this will be of interest.
Thanks Edwin
Marine Bioblitz Wellington's SouthCoast October 2007
Ever wondered what creatures and plants live in the sea?
During October, you can learn about the amazing marine biodiversity on our back doorstep. Scientists will search for every species around Wellington's SouthCoast. Get
involved with talks, walks, demonstrations, displays and more.
Marine Bioblitz Opening Ceremony Sunday 30th September 10am to 3pm Island Bay Surf Club
Go to www.marinebioblitz.wellington.net.nz for a full list of events
REL: 1054 HRS Telecom Corporation of New Zealand Limited (NS)
GENERAL: TEL: Telecom Response to Determination on Operational Separation
Response to Determination on operational separation
Telecom Chief Operating Officer Technology and Enterprises Mark Ratcliffe said today that Telecom's planning for and work on operational separation was well advanced on a number of fronts.
Mr Ratcliffe was commenting after the release of the final Determination on operational separation, by which a standalone network access unit ('ANS') will be established as part of an operationally separated Telecom next year.
"Our initial assessment of the Determination indicates that it represents a demanding multi-year programme of significant change for Telecom and the industry. The next step is for
Telecom to produce a detailed set of undertakings and implementation plan, and we will be focusing every effort on this for the next four weeks.
"With respect to the demands they will place on our people, the Determination requirements are challenging though workable."
Mr Ratcliffe said Telecom's drafting of the separation plan and associated undertakings over the next few weeks would be a demanding task for the legal, technical and other teams at Telecom, all of whom are already working hard on a range of other regulatory requirements, including delivery of regulated broadband services.
"On all fronts our people are working to tight deadlines. We will continue to make it clear to both the Commerce Commission and the Government that Telecom's delivery of new regulated broadband services, and our meeting of the required milestones for operational separation, present real physical challenges."
Mr Ratcliffe said
the final Determination does not change Telecom's tentative view on the financial costs associated with operational separation.
"As we indicated on 3 August when our 2006/07 result was published, compliance with operational separation is likely to cost Tel ecom around NZ$200 million in capital expenditure over the next four years, with operational costs of up to NZ$40 million per annum over this same period.
"We will have a clearer view on this capital and operational spending when the final details of operational separation have been settled later this year.
"At the same time, Telecom has not waited for operational separation to be implemented, but rather has already embraced key aspects of the model.
"This is shown by our successful establishment and operation of a wholesale unit which has been run independently from the retail units for some time now. We will fully embrace and commit to the establishment of a
standalone ANS unit on the same basis, in accordance with the Minister's Determination."
Mr Ratcliffe said there had been no discussions with Government officials regarding Telecom selling ANS.
"We have had discussions with officials to help them to prepare the Minister's determination, but we haven't been in any negotiatio ns to sell the network".
Mr Ratcliffe added that operational separation will bring changes for a number of Telecom's staff, as ANS is established and other features of the plan are implemented.
"We do not anticipate any net change in overall staff numbers, and indeed we are currently recruiting for technical staff to help implement the changes associated with operational separation.
"We will inform and consult with staff throughout this complex and lengthy process.
"What won't change in this new environment is Telecom's absolute commitment to meeting the needs of our customers -
retail and wholesale. We back ourselves to do this."
Mr Ratcliffe said incoming Telecom CEO Dr Paul Reynolds had received regular briefings from Telecom colleagues on the latest phase of the operational separation process, and had contributed his perspectives on a range of issues. EndCA:00154331 For:TEL Type:GENERAL Time:2007-09-26:10:54:56
TEL 26/09/2007 GENERAL
REL: 0918 HRS Telecom Corporation of New Zealand Limited (NS)
GENERAL: TEL: Operational Separation of Telecom
Media Advisory from Hon David Cunliffe:
26 September 2007 Media Statement
Operational Separation of Telecom
In a major step towards its overhaul of the telecommunications market, the government has today released its separation determination for Telecom.
"The operational separation of Telecom is a key part of the government's strategy to deliver a more effective telecommunications sector. It will underpin increased competition and efficient investment for the long-term benefit of all New Zealanders," Communications Minister David Cunliffe said.
"I have issued my determination of further requirements for a robust three-way operational separation as the next formal step towards finalising legally
enforceable undertakings by Telecom.
"Today's determination reflects the model of separation set out in the April discussion document, which was i nformed by the reform of British Telecom in the United Kingdom. Some amendments have been made to improve the efficacy of separation and to provide positive incentives to upgrade the network, with appropriate safeguards."
In accordance with the Telecommunications Act, operational separation requires Telecom to separate three key business units within Telecom, establish an Independent Oversight Group (IOG), and implement the principle of equivalence of supply of relevant telecommunications services.
"In addition to the requirements of the Act, my determination sets out requirements for:
- Scope and governance of the Access Network Services (ANS) unit. ANS will control and provide services
that use the local access network including existing copper, and future fibre and wireless access, to ensure comprehensive service coverage and that the unit is forward-looking and future-proofed.
- Equivalence of inputs for key relevant services including local loop unbundling (provi ded by ANS) and unbundled bitstream access (provided by the wholesale unit).
- Telecom is able to migrate its legacy services to EOI-compliant infrastructure, to which appropriate safeguards apply.
- The structure and powers of the IOG, the high-level watch-dog within Telecom. It will be comprised of three independent members, one of whom will be chair, and two Telecom members. This body will have the power to report directly to the Commerce Commission where appropriate.
- A full range of safeguards buttress the principles of standalone, arms-length, equivalence and non-discrimination as required by the Act.
"I am committed
to having high quality operational separation undertakings in place as soon as is practicable, and in accordance with the procedures set out in the Telecommunications Act," said Mr Cunliffe.
"My Determination requires separation day, at which point the separation undertakings become legally enforceable, to be no later than 31 March 2008."
Te lecom now has 20 working days to prepare its draft separation plan. The industry and the public will have an opportunity to comment on the draft plan in October.
The Telecommunications Act 2001 sets
out the main requirements for Telecom's operational separation: - the establishment of at least three separate business units - a stand-alone, arms-length fixed network business network (referred to as the Access Network Services (ANS) unit in the determination), one or more arms-length wholesale units, and one or more arms-length business units that provide one or more other functions (for example, retail services); - the establishment of an independent oversight group; and - Transparency and equivalence of supply of relevant services.
In addition to the requirements of the Act, the Minister's De termination sets out the following requirements for Telecom: - A requirement to establish a separately branded, stand-alone ANS unit that will control all present and future access network assets, and the services provided using them, including fibre and wireless access assets. - A requirement that any future commercial
fibre-to-the-premises and access to the NGN core be provided on a non-discriminatory basis. - A requirement for an arms-length wholesale division that will provide access to key fixed network regulated services, including advanced bitstream services to all service providers (including Telecom). - A requirement that the key regulated services be supplied to the EOI standard, and that new network services (including fibre and access to the NGN core) be developed to be "EOI ready" to underpin future non discriminatory access. - Strict governance and arms-length rules that enable the Telecom group to be managed consistently with a robust opera tional separation, including the ability for the Telecom CEO to direct units subject to transparency requirements. - Formal oversight of Telecom's implementation and internal compliance by the IOG, backed up by Commerce Commission enforcement. - A requirement for Telecom to meet key
organisational change requirements by "separation day", which must be no later than 31 March 2008. - A requirement for Telecom to develop all necessary EOI infrastructure and transition all its services to that infrastructure within a four-year window. Telecom may propose migration plans for its legacy services to EOI compliant networks within four years as an alternative.
Questions and Answers
1. Why is the government imposing operational separation on Telecom? This form of operational separation has been required by Parliament in the Telecommunications Act 2001, which sets out the purposes of operational separation: - To promote competition in telecommunications markets fo r the long-term benefits of end-users of telecommunication services in New Zealand; and - To require transparency, non-discrimination, and equivalence of supply in relation to certain telecommunications services; and - To facilitate efficient
investment in telecommunications infrastructure and services. Separation will increase the transparency of Telecom's business operations, and to remove or limit the incentives and ability of Telecom to engage in discriminatory behaviours that lessen, damage or exclude competition in downstream markets.
2. How is the Minister's determination different from the model for operational separation consulted on in April 2007? Why are there changes? The determination varies only as much as is necessary to enable Telecom to respond effectively with its undertakings and to reflect the matters raised in submissions: - The ANS unit will be required to adopt a separate brand and to move to separate physical accommodation. It will be re quired to act in its own best interests, with suitable delegations given to ANS managers to enable them to implement the majority of the ANS business plan without further reference to the group CEO or
Board. - The TCNZ Board and Telecom CEO will be able to manage the Telecom group in the group's best interests, including coordinating investment and issuing directions. However, material directions given by the CEO to the manager of the ANS will be transparent to the IOG, the flow of corporate and commercial information will be tightly constrained, the IOG will have strengthened ability to secure information and report on matters that are suspicious, and a whistle-blowing mechanism will now be required. - The Commerce Commission will not have general variation or exemption powers as envi
REL: 0842 HRS Telecom Corporation of New Zealand Limited (NS)
S/A: TEL: Telecom Capital Return - Shares Cancelled
Telecom Corporation of New Zealand Limited said today that it has now cancelled 1 in every 9 shares held by each Telecom shareholder on the record date for the capital return (21 September 2007), resulting in the cancellation of 228,050,091 shares.
The cancellation has reduced Telecom's total issued shares from 2,052,458,423 to 1,824,408,332.
Based on shareholdings as at the record date and the repayment of NZ$4.88 per cancelled share, shareholders will receive a total of NZ$1,112,884,444.08.
Australian shareholders will receive approximately AUD$4.17 per cancelled share (based on a NZD/AUD exchange rate of 0.85594).
Payment will be made on 5 October (for shareholders) and 12 October (for American Depositary Receipt holders).
NYSE ex dates Telecom has been
advised by NYSE that the "ex date" for the cash distribution to ADR holders as part of the capital return was 19 September, not 25 September as had been anticipated. The "ex date" for the issue of 42.2% more ADRs remains 25 September as previously advised. End CA:00154234 For:TEL Type:S/A Time:2007-09-25:08:42:56
The CDMA network is on track to close down on 28 January 2008
Telstra is on track to close down the ageing CDMA network on 28 January 2008. The closure will occur after our new Next G(TM) wireless broadband network provides guaranteed coverage that is the same or better than the coverage we guaranteed on the old CDMA network.
Telstra's commitment to the same or better guaranteed coverage is a fi rm commitment that has been accepted on face value by more than 1 million consumers who are already Next G(TM) network users. In its wisdom, however, the Federal Government has decided to impose a licence condition that requires Telstra to do what it has already promised - to guarantee that consumers have the same or better coverage than CDMA.
The imposition of this new licence condition is another example of
the Government showing disregard for sound, pro-consumer and pro-investment public policy. That's why Telstra will explore legal options to reduce these new Government-imposed burdens on consumers and Telstra shareholders.
In the meantime, the Telstra approach - announced more than 20 months ago - is to get on with the job of providing Australians with the world's most advanced 3G national mobile broadband network with speeds unbeaten anywhere in the world.
The Government approach - with the Attorney-General making the decision little more than 24 hours after receiving decision-making responsibility - creates additional red tape and compliance costs for Telstra shareholders, fosters uncertainty in the marketplace, and wastes taxpayers' money.
You decide which approach is better.
Australia is ready; consumers are ready: say goodbye to CDMA; say hello to new Next G wireless broadband Telstra's commitment to
guaranteed Next G network coverage that is the same or better than guaranteed CDMA coverage will be delivered in October 2007 - well before the 28 January 200 8 CDMA closure date. This means we will achieve our coverage promise 2 months ahead of schedule and more than 3 months before the CDMA network is scheduled to be shut down for good.
The Next G network provides consumers with faster speeds, more services and coverage as good as or better than CDMA. Customers shouldn't delay their switch to the Next G network. Here's why: - The Next G(TM) network provides 3G services and wireless broadband coverage to 98.8% of the Australian population. - More than 1 million Next G(TM) services are now connected. - The Next G(TM) network has the nation's largest coverage footprint - over two million square kilometres. - The Next G(TM) network has more than 2,000 more base stations than the CDMA network and is geographically more than
100 times larger than any other 3GSM network in Australia. - The Next G(TM) network peak speeds are up to 250 times faster than a standard dial-up internet connection and up to fi ve times faster than other Australian 3G n etworks. - More services are available over the Next G network than can be provided over CDMA, including BigPond TV, 12 channels of FOXTEL(TM) by Mobile, video calling, and advanced Sensis search services such as CitySearch, Whereis(R) and Trading Post.
Why move to the Next G network? Visit the G Whiz section on our website http://www.nowwearetalking.com.au. It's full of testimonials from real people talking about how the Next G network is helping them do exciting new things in their lives. End CA:00154101 For:TLS Type:GENERAL Time:2007-09-21:09:00:45
Planetary scientists have articulated goals for exploring the solar system.
Cold probably didnt end Neanderthals: study
Cold probably didn't end Neanderthals: study Scientists report new clues in the mystery of the demise of Neanderthal people, around 28,000 years ago in Europe.
Last week in
Boulder, Colorado, scientists converged on the "Living With A Star" workshop to share the latest research in solar physics. At one point, nearly 200 participants sat slack-jawed as they watched a new movie recorded by Japan's Hinode spacecraft showing a sunspot emerging from the depths of the sun. The newborn spot resembled nothing less than a swimming planet-sized trilobite. See for yourself--and find out what it means--in today's Science@NASA story.
Galactic Circle from Marilyn Head Galactic Circle Organizer
Thanks Edwin
Galactic Circle
Kia ora, Dont for get galactic circle Wednesday 4.30 Thomas King observatory next to Carter, Keep looking up M Marilyn Head Science Writer www.writerfind.com/mhead.htm
Oil has soared to a record near $US81 ($NZ114) a barrel on worries that global energy supplies could shrink to critical levels this winter heating
season due to strong demand growth.
Expectations that the US Federal Reserve will agree to cut interest rates when it meets on Tuesday also supported oil and other commodities markets, raising the likelihood the economy will weather a US credit crisis.
US crude jumped $US1.82, or about 2.3 per cent, to a record $US80.92 a barrel in electronic trade at 2115 GMT after having settled at $US80.57 during the regular session. London Brent rose 76 cents to $US76.98 a barrel.
Though oil prices have quadrupled since 2002, when adjusted for inflation the price is still below the $US90-a-barrel peaks of the Iranian Revolution in 1979.
The Organisation of the Petroleum Exporting Countries agreed on a small supply increase last week, but analysts said the decision to raise output by 500,000 barrels per day (bpd) from November 1 was not enough to reverse a rally that has lifted prices around 30 per cent this year.
"We believe that
this will be too little, too late, barring an outright collapse in demand, and now expect inventories to draw to critical levels this winter," said investment bank Goldman Sachs in a research note.
Goldman said it expected oil prices to hit $US85 a barrel by the end of this year.
US crude supplies are running at their lowest level in eight months while gasoline supplies in the top energy consumer were down at their lowest level since Hurricane Katrina knocked out several Gulf Coast refineries in 2005.
Analysts expect US oil and gasoline supplies will fall further as recent storms in the Gulf of Mexico crimp imports and refinery operations.
Other commodities also shot higher on Monday, with gold reaching a 16-month high, supported by expectations of a US interest rate cut that could increase investment flows.
The US central bank will meet on Tuesday and experts expect it to agree to cut its benchmark federal funds rate by at least a
quarter percentage point to help markets hobbled by a credit crunch.
"If the Fed (Federal Reserve) cuts rates this week the macroeconomic view could be seen as improving for energies, especially if the dollar remains under pressure," said Mike Fitzpatrick of MF Global.
Dollar-denominated commodities tend to strengthen when the dollar weakens against other currencies.
Oil was also receiving support Monday from fresh concerns over Iran's nuclear programme.
France's foreign minister, Bernard Kouchner, increased pressure on Tehran on Sunday, saying France had to prepare for the prospect of war with Iran. Iran has called the comments provocative.
Oil's gains Monday were limited somewhat as Ingrid, the ninth named storm of the 2007 Atlantic hurricane season, was downgraded to a tropical depression.
Three refineries in Texas, shut by the previous Gulf of Mexico storm, Humberto, were working to restore operations.
I haven't been overwhelmed with names, short bios and links to websites of all kiwi astronomers yet! We;d really like the list to be comprehensive and to include astronomers who have been important to your society in the past. Cheers, M Marilyn Head Science Writer www.writerfind.com/mhead.htm
Dear Sir or Madam DRP price for 2007 Telstra final dividend We advise that the price at which Telstra shares will be transferred to participants in the Dividend Reinvestment Plan (DRP) for the final dividend to be paid on 21 September 2007 will be A$4.3272 per share.
In accordance with Telstra's DRP Rules, the Allocation Price is equal to the arithmetic average of the daily volume weighted average price for fully paid ordinary Telstra shares sold in the ordinary course of trading on the Australian Stock Exchange over a period of twelve trading days beginning on the first trading day after the relevant dividend record date of 24 August 2007 (no discount applies).
Yours sincerely Claire Elliott Acting Company Secretary Telstra Corporation Limited ACN 051 775
556 ABN 33 051 775 556 End CA:00153805 For:TLS Type:DRP Time:2007-09-14:13:25:52
REL: 1017 HRS Telecom Corporation of New Zealand Limited (NS)
S/A: TEL: High Court approval of capital return with Companies Office
Telecom lodges High Court approval of capital return with New Zealand Companies Office
Telecom Corporation of New Zealand Limited confirms that it lodged with the New Zealand Companies Office today the High Court order approving its Scheme of Arrangement to return approximately $1.1 billion to shareholders.
Telecom also confirms that the ex-date and record date in relation to the capital return are as follows:
"Ex" dates New Zealand Exchange - 24 September 2007 Australian Securities Exchange (trading on a "deferred settlement" and "ex return of capital" basis commences on Australian Securities Exchange) - 17 September 2007
Books closing / record dates New Zealand, Australian & New York Stock Exchanges 21 September
2007
ENDS
For further information please contact: Phil Love Telecom Public Affairs 027 244 8496 End CA:00153783 Fo r:TEL Type:S/A Time:2007-09-14:10:17:59
WHS 14/09/2007 FLLYR
REL: 0835 HRS The Warehouse Group Limited
FLLYR: WHS: The Warehouse Group - 2007 Annual Results Announcement
SUMMARY OF PRELIMINARY FULL YEAR REPORT ANNOUNCEMENT
The Warehouse Group Limited
Full Year Ended 29 July 2007
This report has been prepared in a manner which complies with generally accepted accounting practice and gives a true and fair view of the matters to which the report relates and is based on audited financial statements.
CONSOLIDATED OPERATING STATEMENT Current Full Year NZ$'000; Up/ Down %; Previous Corresponding Full Year NZ$'000
TOTAL OPERATING REVENUE: $1,804,902; Down (5.3)%; $1,906,238
OPERATING SURPLUS BEFORE UNUSUAL NON RECURRING ITEMS AND TAX:
$146,584; Up 2.5%; $142,951
Unusual non recurring items for disclosure: $22,829; Up 126.2%; $(87,210)
OPERATING SURPLUS BEFORE TAX: $169,413; Up 203.9%; $55,741
Less tax on operating result: $53,637; Up 105.0%; $26,165
OPERATING SURPLUS AFTER TAX ATTRIBUTABLE TO MEMBERS OF LISTED ISSUER:
$115,776; Up 291.5%; $29,576
Earnings per share: 37.4 cps ; Up 289.6%; 9.6 cps
Final Dividend: 5.5 cps
Special Dividend: 35.0 cps
Record Date: 21 September 2007
Date Payable: 28 September 2007
Tax credits on dividends: Fully imputed for New Zealand residents; Supplementary dividend payable to non-residents.
The Management Commentary forming part of the results pack will shortly be available on http://www.thewarehouse.co.nz
THE WAREHOUSE GROUP ANNOUNCES ANNUAL
RESULTS
Sales and earnings growth reported
Auckland, 14 September 2007 - The Board of The Warehouse Group Limited today announced a full year net profit after tax of $115.5 million compared to $29.3 million last year.
Sales from continuing operations were up 2.4% to $1.76 billion. Net profit after tax, excluding the sale of The Base development and the divestment of the Australian business, was up from $96.2 million* in F06 to $97.9 million in F07.
In announcing the result for the full year ended 29 July 2007, Chairman Keit h Smith says, "This result demonstrates continuous improvement in the Group's performance and a further strengthening of our balance sheet, which will result in a total of $163.2 million being distributed to shareholders in dividends for the year."
The Warehouse New Zealand reported positive top-line growth, with sales up 2.6% to $1.55 billion, and same store sales up 2.0% for the year.
Earnings before interest and tax was up 2.6% to $147.2 million.
"The result for The Warehouse New Zealand is creditable given two difficult seasons for apparel, a higher level of discounting in the market since Christmas, and our strategic investment in category start-ups, pharmacy, liquor and fresh foods," Group Chief Executive Officer Ian Morrice says. "Despite these challenges, operating margins were held year on year."
"Customers are responding to our improved brand and quality offer and we have seen good growth in homewares, health and beauty and confectionery. In apparel, new brands such as Bo nds, Maya and Match are performing well," Mr Morrice says.
"We have also continued to invest heavily in improving service during the year; speeding up transaction times through the replacement of all our point-of-sale terminals, increasing on-shelf availability by replacing our stock allocation and store replenishment
systems, together with further improvements in our distribution centres," Mr Morrice says.
The second Warehouse Extra store opened during the year in Whangarei, which is the first conversion from an existing store. Following the conversion of the Te Rapa (Hamilton) store on 23 August 2007, there are no more Extra stores planned for F08, providing the company with time to refine and test both the customer proposition and the economic performance of the format.
"Although we are expecting overall sales in the Whangerei store to increase by 30% in the same selling space, this is below our target for its first year," Mr Morrice says. "Sales mix and gross margins in this st ore are broadly in line with our expectations, but operating costs are higher than originally anticipated."
During the year one replacement store was opened in Ashburton, however, Wellington Central and Milford (Auckland) were temporarily closed
during the fourth quarter.
Warehouse Stationery sales were up 0.9% to $213.5 million, with same store sales up 2.2% for the year. Growth categories included consumer electronics, computer consumables and packaging and postal products. Earnings before interest and tax was up 2.2% to $9.5 million.
Two Warehouse Stationery stores were changed during the period with the Henderson store down-sized and a replacement store opened in New Plymouth.
"The past twelve months have been a period of consolidation for Warehouse Stationery with the significant challenges in introducing new systems putting other initiatives on hold," Mr Morrice says. "With these systems now stabilised, Warehouse Stationery is well-placed to continue to meet the needs of sma ll businesses, families and people working from home."
In the coming year, Mr Morrice says: - We expect to grow sales in the coming year despite unpredictable
market conditions and continued competitor space growth. - We will continue our investment in start-up categories and improving our stores. - We will continue to pursue our commitment to putting our customers first and delivering on our promise of making the desirable affordable.
As announced on 7 September 2007, The Directors have declared a final dividend of 5.5 cents per share, bringing the total dividend for the year to 17.5cps, up 9.4% on F06. The Directors also declared a special dividend of 35.0 cents per share. Dividends will be paid on 28 September 2007 with the entitlement date being 21 September 2007.
A detailed sales update for the Q1 F08 period, ending 28 October 2007, is due for release on Friday, 9 November 2007. ENDS End CA:00153757 For:WHS Type:FLLYR Time:2007-09-14:08:35:26
Infratil Email Updates are sent to interested shareholders, analysts, brokers and other parties who have registered their interest on http://www.infratil.com
Wellington Airport August 2007 Traffic Statistics
International passengers grew at 6.2% in August from the previous year despite a 7.4% fall in capacity. The Airline load factor on international services for August was 71.9%. Year to date growth in international passengers now stands at 6.8%, with seats down 4.0%. While growth continues to remain robust demand remains constrained due to withdrawal of seats. In particular, some Tasman sectors offer little room for growth without additional capacity.
Despite strong demand, domestic passenger volumes remain subdued with growth of 2.0% in August on a 2.6% reduction in seat capacity. The
average domestic load factor in August was 3.3% above the previous year. Year to date, domestic passengers are now marginally above the previous year despite a 3.9% fall in seat capacity.
The announcement by Pacific Blue that it will commence domestic operations in New Zealand from mid-November is a significant boost for the travelling public, bringing new prices and services.
Terminal developments are continuing, with construction completed on the new landside duty free store and shortly to commence on new foreign exchange outlets. The airside works construction programme to add an additional aircraft aerobridge gate and to help accommodate the capacity required by Pacific Blue is also underway. WIAL will shortly commence work on the runway safety compliance works at the Northern End of the runway with completion targeted for early 2008.
Pursuant to a request from Air NZ, WIAL agreed to disclose details of the passenger growth
agreement between WIAL and Air NZ that expired on 30 June this year. This had been agreed between WIAL and its major customer in 2003 and meant that Air NZ paid no airport charges for passengers above a specified level ie its marginal cost of growth in terms of airport charges was effectively zero. Because of the success of Air NZ's Express product this resulted in the airline achieving a substantial saving (in the year to 30 June 2007, approximately 20% of Air NZ passengers used WIAL for no charge). WIAL endeavoured to work with Air NZ to roll this agreement over, but unfortunately a renewal appears to have fallen victim to Air NZ's legal and regulatory efforts to challenge WIAL's charges and ability to progress its investment in new airport capacity.
A point of clarification is warranted. It has been reported in the media that a new agreement was unacceptable to Air NZ because it was linked to Air NZ providing long-haul services to Wellington (eg direct
flights to Singapore). This is incorrect and the two matters have never been related. In any case aircraft for long haul services will not be available for several years. http://www.infratil.com/wial_financial_summary.htm
Infratil Airports Europe August 2007 Traffic Statistics
Glasgow Prestwick handled 246,279 total passengers in August, an increase of 4% on last year.
This growth was largely driven by scheduled services to Riga and Derry, both introduced in the last year.
The airport handled 2,488 tonnes of freight in August, a slight increase on the prior year's 2,473 tonnes and 7% up on the July total of 2,327 tonnes.
Year to
date freight volumes are 8% ahead of the prior year.
Kent International Airport
Kent International handled 867 tonnes of freight, which is 56% down on the prior year total. Produce imports continue to be volatile during the European summer period.
Lbeck Airport
Flughafen Lbeck handled 64,701 passengers in August, a 3% improvement on August 2006. Year to date passenger numbers are down 11% year on year reflecting previous reductions in capacity.
Appointment of Sam Knowles as a Director of TrustPower Limited
The Board of TrustPower appointed Sam Knowles as a director of the Company today. Mr Knowles is Chief Executive of Kiwibank and has considerable experience in the banking and insurance industry. He has been a senior manager for trading banks in New Zealand and Australia, specialising in areas including strategic planning, retail services, marketing and business development. The Board considers Mr
Knowles to be an Independent Director.
Energy Developments June 2007 Financial and Business Results
Europe: World's Favourite Airline Leaves BA Far Behind Ryanair Carries 55% More Passengers
Ryanair, Europes largest low fares airline, today (Wednesday, 5th September 2007) celebrated its busiest ever month, having carried over 4.8 million passengers during August. Ryanair now carries 55% more passengers than BA. http://www.infratil.com/2/7119.htm
Europe: Flying and Climate Change Hot Topic
Persuading Britons to cut back on flying will be an uphill struggle. A field next to Heathrowthe world's busiest
international airportdoes not seem an appealing place for a spot of camping. The roar of jet engines is ever-present, and the only significant landmark is the airport's new control tower. Yet on August 12th dozens of people gamely began erecting tents. They were not there to admire the scenery: this was the Camp for Climate Action, and they had come to protest against aviation and its contribution to global warming. http://www.infratil.com/2/7101.htm
Europe: Break-up of BAA is Not the Answer
What is the most hated facility in the UK? Heathrow Airport is the answer. What is the country's most hated company? It has to be BAA, Heathrow's owner and "the world's leading airport company". What, then, is the solution? Everybody seems to know that: break up BAA. Unfortunately, everybody is wrong. BAA is not the principal cause of the misery.
Breaking it up is not the magic solution. This mess will require more comprehensive solutions. http://www.infratil.com/2/7106.htm
Europe: Sky's the Limit For Low-Cost Airlines
Asia's low-cost airlines are set for "explosive" growth and likely to equal the market share of their counterparts in the US and Europe in two decades, according to Airbus. Low-cost airlines have about 9 per cent of the Asian short-haul passenger traffic, compared with 31 per cent in North America and 26 per cent in Europe. http://www.infratil.com/2/7117.htm
New Zealand: Arrival of Pacific Blue is Good News for Wellington Economy
The Wellington Regional Chamber of Commerce has welcomed the arrival of Pacific Blue onto New Zealand domestic air routes
particularly as a much needed carrier to Wellington. Pacific Blues entry will enhance competition, lower fares and increase the opportunities to fly into and out of the city, said Chamber CEO, Charles Finny. http://www.infratil.com/2/7125.htm
Australia: Cool Wind Blows as Investors Focus Energies Overseas
It's been a stormy few weeks for Australia's wind industry, with two investors pulling out of wind projects in Victoria. So BusinessDay asked about a dozen people in the energy and investment industries about the future for wind in Australia. And most of them agreed that while investment uncertainty looks likely to remain an issue for the next few years, the longer-term forecast for wind energy looks more promising.
http://www.infratil.com/2/7134.htm
Infratil appreciates the opportunity to update you when it has new material and items of interest. Under the Unsolicited Electronic Messages Act 2007 Infratil may need your consent to continue to do so. From our previous association, we assume that you would like to continue to receive these emails. However, if you do not wish to receive these emails from Infratil in the future, you can click on the unsubscribe link that follows or email admin@... and type Unsubscribe in the subject line.
The Official Cash Rate (OCR) will remain
unchanged at 8.25 percent. Reserve Bank Governor Alan Bollard said: "The outlook for economic activity and inflation has become more uncertain since we reviewed the OCR in July. Credit concerns and heightened risk aversion have led to significant turbulence in global financial markets. This development increases the likelihood of a weaker economic outlook for the United States and New Zealand's other key trading partners than in recent forecasts.
"The consequences of this financial market turmoil for New Zealand remain unclear at this stage. However, we continue to expect a significant boost to the economy over the next two years from the sharp rise in world prices for dairy products and some other commodities that has occurred over the past year. A sharp decline in the New Zealand dollar since July, if sustained, will act to reinforce the effects of higher world prices on export sector revenues.
"Recent inflation outcomes have highlighted
widespread inflation pressures but indicators in recent weeks suggest that previous increases in the OCR are starting to dampen domestic spending, which will help to reduce those pressures. In particular, household borrowing growth is beginning to slow and turnover in the housing market continues to fall. "We expect the effects of stronger export revenues on activity and inflation to be broadly offset by a further braking effect from the interest rate increases undertaken earlier this year. However, in the short term, CPI inflation is likely to rise due to the effects of a lower exchange rate and higher food prices. It is important that this temporary increase in inflation does not affect price- or wage-setting behaviour in the medium term. "The recent collapse of a number of finance companies and reduced liquidity within the non-bank lending institution sector generally could further act to dampen activity in some areas of the economy, such as property development or
consumer financing. However, we currently expect those negative effects to be relatively contained. "At this point, we believe that the current level of the OCR is consistent with future inflation outcomes of 1 to 3 percent on average over the medium term. However, given greater than usual uncertainty at present, we will be watching to see how the upside and downside risks to the outlook are developing."
The Warehouse Group Limited has today declared an ordinary dividend of 5.5 cents per share and a special dividend of 35.0 cents per share. Both dividend payments will be fully imputed. A supplementary dividend will be paid to non-resident shareholders.
This decision results from a review of the Groups capital structure following the sale of its Australian subsidiary, various property assets and the recent sale of the groups interest in the "The Base" Te Rapa.
In order to maximize the benefit to shareholders, particularly those institutional shareholders joining the Portfolio Investment Entity (PIE) regime, the Directors have declared the dividend ahead of the company annual result announcement on 14 September
2007.
The record date for determining entitlement will be 5.00pm NZ time Friday, 21 September 2007 The dividend will be paid on Friday, 28 September 2007.
The Warehouse Group will consider undertaking further capital management initiatives in the 2008 calendar year.
Attached is NZX Appendix 7 relating to both the dividends.
ENDS End CA:00153445 For:WHS Type:DIVIDEND Time:2007-09-07:08:36:02