Sculpture by the Sea 2018

Time and motion - Ron Gromboc

Now in its 22nd year, Sculpture by the Sea returns to the coast walk between Tamarama beach and Bondi beach with over 100 works featuring all manner of creations and images. Some works are within the more recognised traditional medium of sculpture and others with more unusual. There is a strong representation of Australian (and NSW) artists selected with the wider international submissions coming from Spain, China, Sweden, South Korea, England, South Africa, Austria, Norway, Canada. France, Turkey, Israel, New Zealand with Japan being the largest source apart from Australia. 

The exhibition runs from 10 October to 4 November 2018 and its free.

Disc Vane- Ivan Black

AMP's epic fail - The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry

The departure of AMP Board Chair, Catherine Brenner and Corporate Counsel, Brian Salter following the earlier resignation of Chief Executive Officer,Craig Meller should be seen as just the beginning of an essential overhaul of this once trusted company. AMP has seriously breached legal obligations and corporate governance principles and requirements. 

Essentially AMP has been found by the Royal Commission to have committed two serious categories of misconduct, potentially criminal in intent: the first being the deliberate effort to blindside the Australian Securities and Investment Commission (ASIC) on at least 20 separate occasion regarding the theft of client funds. The second being the altering of an alleged independent report by Clayton Utz to ASIC with 25 different versions being 'workshopped' by AMP including the participation of the Board Chair.  

In its own corporate governance statement, AMP states its goal is -

"Acting ethically and responsibly AMP wants to create a better tomorrow for our customers, employees, business partners, communities and shareholders. Everything we do, every decision we make has an impact, not only on the long-term success of our business but also on the lives of our customers. We are committed to acting with professionalism, honesty and integrity so all our stakeholders know they can trust us to do the right thing". 

How hollow this statement now reads.

In terms of its own Code of Conduct, what AMP expects of their staff  -

"We trust you will act in the best interests of AMP, its customers, business partners and shareholders AMP is proud of its reputation for delivering on its commitments and relies on your commitment to speak up. We put adherence to these principles above financial gain.

You will not be criticised or penalised for any loss of business resulting from adhering to these principles and other mandatory policies and instructions. We all make mistakes but at AMP we act quickly to rectify errors and learn from our mistakes".

Was this Code also applicable to AMP's Board of Directors ? 

With a market capitalisation of $14.9B, there is a justified public expectation that AMP should set a high bar for corporate governance. 

Earth Hour - 24 March 2018

Earth Hour website: Click here

Is Paris passe or simply overrated ?

The Seine looking toward the Eiffel Tower in the distance

Paris - a city famous for having being the centre of the Age of Enlightenment, for its grand architecture, world famous institutions, intellectual culture, the creative arts, Parisien lifestyle, boutique shopping, high end fashion and so on. Names which come to mind include the Musee d'Orsay, the Louvre, Champs-Elysee, the Eiffel Tower, Notre Dame de Paris, Arc de Triomphe, the Cabaret, the Paris Opera to name a few.

Major civic works by Napoleon Bonaparte and Napoleon III created large boulevards, straighter roads (as far as could be achieved in this city) as well as major landmarks, commemorative structures and institutions. A range of major figures throughout history from Cardinal Richelieu to former Prime Minister (and President) Georges Pompidou have contributed to the Paris skyline.

But is Paris essentially over-rated ? Has the city itself reached a point where it is.... passé ?

Paris streets in some of the best known arrondisements are littered with dog excreta, cigarette butts and discarded train tickets with seemingly little interest from civic authorities in creating a better environment. It is without doubt, a dirty city.

The much lauded art museum, The Louvre, now has a boutique shopping mall within its perimeter and visitors must walk through this shopping mall in order to exit the world famous institution. Its gift shop barely gives representation to the vast collection which the museum holds and contains souvenirs best left to tourist kiosks located near the Seine.

The world famous Paris Metro rail system has station transfer configurations so long and complicated that the Paris Tourist Office recommends visitors avoid them altogether. Paris commuters comment that they find themselves getting lost when trying to change trains.

The once intellectual and artistic hub of Paris, the Left Bank, has disappeared and now consists of high end, wall-to-wall art dealers and accessory sellers with more style than substance.

The Eiffel Tower is surrounded by a large metal, graffiti covered perimeter wall at ground level and the immediate area around the landmark is populated by scam operators, spivs and aggressive sellers with a high police presence required. Arrests are not uncommon.

Parisians themselves do not present a happy exterior and seem discontented. Terrorism, despite being a serious threat, is not a situation which they confront daily, but rather petty theft and general criminal activities is more the norm. Police arrests in parks and on bridges over the Seine are visible on a daily basis.

A simple coffee in Paris can cost between four and upwards to six euros (over $9 AUD) which is higher than neighbouring countries. Has Paris lost its lustre ?

Luxembourg Palace - French Senate building

New Year 2018

Shutterstock

The new year beckons and brings with it the hopes, dreams and aspirations for many people around Australia and world-wide. But will it also be a year of disappointment ? The portents do not appear particularly favourable with a mix of political, economic, military and international situations which leave little reason to be confident.

On the political front particularly international, Trump's America, North Korea, the Brexit process and instability in the Middle East seemingly will continue from 2017 travelling on the same trajectory. Terrorism will remain a central concern as the ISIS/Daesh collapse leaves many foreign fighters considering a return to their countries of origin. 

Economically, there is some level of confidence as the US has continued with year-on-year recovery, Europe is following a similar path with 2.60% of GDP growth in the last quarter of 2017. China remains the largest question with constant adjustments and interventions being made by the Government in Beijing. China's economy however remains relatively opaque.

Military actions will continue in Syria, the Ukraine and Yemen with a number of smaller regional conflicts occuring with insurgent activities in the Philippines and Thailand.  Whether peace returns to South Sudan is a matter of continued speculation.

2018 - a year with more of the same. 

Christmas 2017

Christmas, a time of giving, of reflection and temporarily at least, standing aside from the day-to-day business and work life.

So where does Christmas come from ? Simply it is the Mass of Christ as practised by those of the Christian faith. In its earliest form, this religious communion (or Mass) had to occur after sunset usually at midnight and many of the Orthodox Christian Churches have retained that custom. Over the past century, increasingly other non-Christian societies have adopted the practice of Christmas as a holiday rather than the religious belief.

With the commercial promotion of consumer purchases and retail sales that now dominate the public domain, what is the origin of the giving of presents and gifts ? According to Matthew 2: verses 1-12 of the Christian Bible, three wise men came to the town of Bethlehem in then state of Judea and brought gifts of Frankincense, Gold and Myrrh.  Referred to as Magi (or Magos in Ancient Greek and Magupati in Ancient Persian), this is a title often bestowed on priests or astronomers/astrologers. The three wise men are also often referred to as Kings: Gaspar the King of Sheba, Melchior the King of Arabia and Balthazar, the King of Tarse and Egypt.  Their gifts were symbolic and represent specific meanings within the region - Gold represents kingship, Myrrh is death or mortality and Frankinsense as a symbol of deity.

Wherever you are and whatever your belief, Happy Christmas and as the late Irish comedian, Dave Allen often remarked, 'May your God go with you'.