RAJ CAIRNS REPORT


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Will the future of education in Cairns with Aquis be similar to Macau——-As well as being the world’s gambling capital, Macau also has one of the highest rates of student repeats in the world. Are these two milestones connected? Almost one-third of students in Macau have repeated a school year at least once. In fact, such repeat years are very common in Macau, almost normal.


 

 

 

 

Macau has surpassed Las Vegas as the world’s biggest casino capital. Many of the residents are earning almost three times the average salary as they were ten years ago, there is free education for all residents until high school and the government provides every citizen with about US$1,125 in free money every year. Money is everywhere in Macau.

There are many wealthy cities in the world but what impact does Macau’s booming gambling industry really have on the population?

As well as being the world’s gambling capital, Macau also has one of the highest rates of student repeats in the world. Are these two milestones connected?

Filmmaker Penny Lam Kin Kuanwas born in Macau. He decided to study documentary filmmaking in London after realising the power of storytelling through film while he was doing a bachelor degree on journalism in Macau.Penny has directed and worked on documentaries commissioned by film festivals and broadcasters around the world. Since 2007, Penny has enjoyed a successful filmmaking nd photography career in Macau, where he is based.

Almost one-third of students in Macau have repeated a school year at least once. In fact, such repeat years are very common in Macau, almost normal.

Due to various complex reasons, from Macau’s colonial background to its privatised schooling system, in-grade retention has been practiced for a long time in Macau. The repeat system was established to strengthen the city’s academic foundations.

But now, as Macau becomes the biggest gambling industry in the world, receiving an education has just become even more chaotic.

 

 

 

 

 

 

 

Macau’s Future Gamble – Viewfinder – Al Jazeera English.


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Is Aquis loosing HONG KONG investors to Brisbane Queens Warf development———–CTF is a Hong Kong based investment holding company controlled by Dato’ Dr. Cheng Yu Tung and family (the Cheng Family) with extensive interests in property, hospitality and consumer and retail businesses.


 

CTF is a Hong Kong based investment holding company controlled by Dato’ Dr. Cheng Yu

Tung and family (the Cheng Family) with extensive interests in property, hospitality and

consumer and retail businesses. The Cheng Family also controls Chow Tai Fook Jewellery,

the world’s largest jewellery retailer, with over 2,000 points of sale in Greater China.

CTF is active in property development with a number of large scale mixed-use regeneration

projects and developments under way around the world. CTF also presents the Destination

Brisbane Consortium with the opportunity to leverage CTF’s Chinese and Asian VIP client

base.

FEC is a Hong Kong listed property developer with global interests in international hospitality

businesses with a strong dominance in Asia. They are currently developing a number of

properties across Mainland China, Hong Kong, Malaysia, Singapore and the United

Kingdom. FEC have also had extensive property development activities in Australia since

1994, with a senior management team based in Melbourne. One of its current projects

 

 

www.echoentertainment.com.au/OurNews/ASXAnnouncements/Documents/2014.06.23 – ASX Announcement – Queens Wharf Brisbane – Strategic Joint Venture.pdf.


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Aquis competition ,Hong Kong investors heading to Brisbane—-Hong Kong, Australia Investors Team Up on Brisbane Casino Bid – WSJ———It’s going to be an interesting period of time to see if the returns these investors expect are achievable, given the competition that’s emerging,” Mr. Wiadrowski said.


 

Still, such developments face growing competition. The Philippines last year opened its first casino and Japan has considered relaxing its strict anti-gambling laws. Recent new integrated resort developments in Singapore and existing casinos in Macau will continue vying for Chinese tourists.

“It’s going to be an interesting period of time to see if the returns these investors expect are achievable, given the competition that’s emerging,” Mr. Wiadrowski said.

 

 

Hong Kong, Australia Investors Team Up on Brisbane Casino Bid – WSJ.


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Aquis and Cairns wait for the Queensland Government , Packer wins the Casino WAR——–Empire Under The Son | The Global Mail—————-“In the 1980s, short cuts were expected,” says the anti-casinos campaigner Tim Costello. “I thought we were beyond that.” But, he says, when it comes to, “those who are rich enough, politicians are dancing to whatever they say. No debate, no tender, no public consultation is very shabby”.


 

Up against the casino’s coalition of the willing are the Greens and independent MP Alex Greenwich who campaigned against the project in the Sydney by-election last October. However, they are helpless to stop the project, because of their insignificant parliamentary numbers. “If you are asking whether we are impotent,” laments Greens MP John Kaye, “then the answer is yes”. In November, Kaye tried to have the state government’s handling of the casino project referred to the Independent Commission Against Corruption. As he wrote to the commissioner, the O’Farrell government had failed “to provide an adequate explanation for weakening requirements for a private proposal to be subject to a competitive tendering process”. But this gambit was a complete non-starter.

“In the 1980s, short cuts were expected,” says the anti-casinos campaigner Tim Costello. “I thought we were beyond that.” But, he says, when it comes to, “those who are rich enough, politicians are dancing to whatever they say. No debate, no tender, no public consultation is very shabby”.

 

 

 

 

 

 

Empire Under The Son | The Global Mail.


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Aquis and Cairns wait for the Queensland Government, Packer gets what he wants from the NSW Government——————“He’s played an absolute fucking blinder,” says a leading businessman, who has known Packer for years, and not always been impressed by him. “Think how ballsy you have to be to say ‘Change the rules and give me a second casino licence’. But that’s what’s happened, even if it’s made Australia look like a low-rent South American state. It’s not the front of a barn door. It’s the front of a door the size of an aircraft hanger.” It is as if Australia has regressed, he adds: “We’ve returned to the divine right of kings.”


 

 

“He’s played an absolute fucking blinder,” says a leading businessman, who has known Packer for years, and not always been impressed by him. “Think how ballsy you have to be to say ‘Change the rules and give me a second casino licence’. But that’s what’s happened, even if it’s made Australia look like a low-rent South American state. It’s not the front of a barn door. It’s the front of a door the size of an aircraft hanger.” It is as if Australia has regressed, he adds: “We’ve returned to the divine right of kings.”

Up against the casino’s coalition of the willing are the Greens and independent MP Alex Greenwich who campaigned against the project in the Sydney by-election last October. However, they are helpless to stop the project, because of their insignificant parliamentary numbers. “If you are asking whether we are impotent,” laments Greens MP John Kaye, “then the answer is yes”. In November, Kaye tried to have the state government’s handling of the casino project referred to the Independent Commission Against Corruption. As he wrote to the commissioner, the O’Farrell government had failed “to provide an adequate explanation for weakening requirements for a private proposal to be subject to a competitive tendering process”. But this gambit was a complete non-starter.

“In the 1980s, short cuts were expected,” says the anti-casinos campaigner Tim Costello. “I thought we were beyond that.” But, he says, when it comes to, “those who are rich enough, politicians are dancing to whatever they say. No debate, no tender, no public consultation is very shabby”.

 

Empire Under The Son | The Global Mail.


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Fung and Aquis face delay from Queensland Government but Packer gets what he wants from NSW Government for Sydney Casino——–James Packer’s sweet deals for casino | The Saturday Paper———–He approved it. Others, though, were more than a little surprised at the generous 29 per cent tax rate agreed to by Murray’s review. It was not much different from what Packer proposed to the committee, and very much lower than what had previously applied to the existing Star casino.


 

The appearance of independence in the Phase Two Barangaroo review was undermined somewhat when documents were unearthed showing the premier’s department had prepared a series of “key messages” for the chairman of the committee, suggesting “positive” answers that should be given to “negatively framed” questions about Crown’s proposal.

When Murray reported on the Crown development in July last year, there were no surprises, at least for O’Farrell. He approved it. Others, though, were more than a little surprised at the generous 29 per cent tax rate agreed to by Murray’s review. It was not much different from what Packer proposed to the committee, and very much lower than what had previously applied to the existing Star casino.

As one commentator, Jacob Saulwick, noted in The Sydney Morning Herald: “In 2010 the big miners had to go to the trouble of tearing down a prime minister before Julia Gillard and Wayne Swan let them write their own tax. Much neater to simply propose your own tax treatment, unsolicited.”

The Barangaroo plan, says the original architect, Philip Thalis, is “an example of all the worst of Sydney and NSW, and it just keeps getting worse”.

The vibrant public space he envisioned seven years ago has shrunk to become “basically an enclave of privilege and exclusion”.

Nonetheless, the casino is not quite a done deal, according to David Shoebridge, who has been planning spokesman for the NSW Greens throughout the whole process, under both the Labor and Liberal governments.overnment

 

 

 

James Packer’s sweet deals for casino | The Saturday Paper.

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