Weekly CEO Update: We cannot wait another generation or more, for action


Already this year we’ve seen two key Royal Commission Reports handed down that have the ability to impact the future of mental health reform and service delivery and the lives of Australians – the Royal Commission into Aged Care Quality and Safety and the Royal Commission into Victoria’s Mental Health System.

These detailed and vital reports, coupled with the Productivity Commission Inquiry into Mental Health and Vision 2030 collectively outline hundreds of recommendations combined, recommendations for action to improve our  mental health ecosystem.

And that’s the key point here, while the intent for reform has been collective and commendable, the time for review and reflection has finished and action must now follow, and soon, if we are to see the benefits of true generational reform.

This week is the 30-year anniversary of the Royal Commission into Aboriginal Deaths in Custody and for me it has been a clear reminder of how these crucial reports – informed as they are by listening to lived experience and practical data – can be a line in the sand, but also how the residual impact of action (or inaction) can determine and define true reform.

The Royal Commission into Aboriginal Deaths in Custody was, and still is, extremely high profile and important. 

It found that Aboriginal and Torres Strait Islander peoples were not more likely than others to die in custody, but that they were ‘grossly over-represented in custody’, with a ‘significant’ contributing factor to the over-representation found to be inequality – whether it be social, economic, cultural or all three.

In 2019, Aboriginal and Torres Strait Islander peoples made up 28 per cent of the prisoner population in Australia, while the most recent census data says Aboriginal and Torres Strait Islander people account for just three per cent of our population.

In South Australia, where there is a push to raise the age of criminal responsibility from 10 years old to 14, First Nations children make up less than five per cent of the population but more than 60 per cent of the juvenile prison population. In the Northern Territory this was 100% in 2019.

So, if the 1987 Royal Commission highlighted ‘gross over-representation’ as a significant factor, it appears this factor remains a generation on, and that is our challenge, not just as advocates for reform but as advocates to improve the social structures of the communities in which we live and therefore their mental health and wellbeing.

As advocates, our challenge is to use these reports, and lines in the sand, to seek lasting system change and reform. They should be the blueprints from which we re-design the systems we need, and the systems that will address the ‘significant’ factors raised through such careful review.  

The final recommendation of the Royal Commission into Aboriginal Deaths in Custody, number 339, reads:

That all political leaders and their parties recognise that reconciliation between the Aboriginal and non-Aboriginal communities in Australia must be achieved if community division, discord and injustice to Aboriginal people are to be avoided. To this end the Commission recommends that political leaders use their best endeavours to ensure bi-partisan public support for the process of reconciliation and that the urgency and necessity of the process be acknowledged.

To recognise is one thing, but to act is another. In this instance clearly our ‘best endeavours’ have not been enough over the last 30 years, which is why we need more than best endeavours to maximise the current opportunity for true generational mental health reform.

You can find a full list of recommendations from the 1987 Royal Commission into Aboriginal Deaths in Custody here, and you can also watch our Mental Health Australia – Welcome to country video here.

Have a good weekend.

Leanne Beagley
CEO


Thank you and good luck to Melanie Cantwell

After more than 14 years at Mental Health Australia, across several positions, Deputy CEO Melanie Cantwell is sadly leaving Mental Health Australia. Along with the Board and staff I am sincerely grateful to Mel for her acumen, diligence and years of service and passionate commitment to mental health advocacy. She has always reminded us of the voices of consumers and carers, and she has been extremely generous in orientating me as the new CEO into the breadth of work of Mental Health Australia. We are sure you as the stakeholder community will join us in wishing Mel all the very best for a well-earned break and for future endeavours.

Welcome to two new staff members

We would also like to welcome two new staff members who started at Mental Health Australia this week. Rikke Brøchner Andersen who has joined us on secondment from the National Ethnic Disability Agency to help out with the Embrace Project two days a week, and Nikki Hogan who has started in a new Partnerships Manager role. Welcome to both Rikke and Nikki.

•    On Monday I will be meeting with Cindy Smith, CEO of the Australian Association of Social Workers and then with David Pearson CEO at The Australian Alliance to End Homelessness. Later Harry Lovelock and I will meet with Sam Rosevear and Sophie Nicole from Headspace to talk about their national policy agenda.

•    On Wednesday I will be attending an extended consultation with the National Commissioner for Defence and Veteran Suicide Prevention.

•    Thursday I have an Industry Reference Group Meeting with the NDIA and later a Mentally Healthy Workplace Alliance meeting.

•    On Friday I am excited to be a panellist at the LGBTIQ+ Conference Mental Health Panel: Health in Difference and then representing the mental health sector at the Culturally and Linguistically Diverse Communities COVID-19 Health Advisory Group meeting.

 

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Member Profiles

 

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Dementia Australia
Dementia Australia represents the 459,000 Australians living with dementia and the almost 1.6 million Australians involved in their care.  We advocate for the needs of people living with all types of dementia, and for their families and carers, and provide support services, education and information. 


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TeamHEALTH
TeamHEALTH is a for purpose organisation that supports people dealing with mental health concerns or mental illness. We seek to create community capacity for good mental health so that all people may lead a full and valued life.  

Framework for Mental Health in Multicultural Australia Workshops
We are pleased to announce that we are holding 3 new workshops on the Framework in Sydney, Melbourne and Brisbane. These free and newly expanded workshops will offer participants an opportunity to learn more about the Framework and hear how services have applied the Framework to their workplace. 
Registrations can be made using the following links:

Embrace Australia logo (a rectangle with a light and dark purple cultural stripe pattern with "embrace" and stylised outline of the Australian continent in the lower right corner).

Release of the Mental health and Suicide Prevention Interim Report

The House of Representatives Select Committee on Mental Health and Suicide Prevention released its interim report. The Committee’s interim report includes an update on the Committee’s activities to date, and emerging themes identified through recent reports into Australia’s mental health system and engagement with the Productivity Commission, National Mental Health Commission and Department of Health. The interim report can be accessed on the committee’s website.

Psychiatrists support addressing the issue of veteran suicide

The Royal Australian and New Zealand College of Psychiatrists (RANZCP) believes that it is important to address the issue and work towards best possible care and help for Veterans. The concerning rates of mental health issues and suicide amongst veterans must be addressed, not only immediately, but appropriately.

Read more


Tasmania Labor will form a Suicide Prevention Commission

A majority Labor Government would form a Suicide Prevention Commission to help identify and understand the factors and systematic issues that may contribute to suicide risk. Labor Leader, Rebecca White, said funding of $1 million a year would be given to the Commissioner to help government better understand the issues facing Tasmanians. “The Commissioner will make recommendations to government about the actions and strategies relevant to past and any future deaths by suicide,” Ms White said.

Read more

 

National standards for community managed organisations

The Australian Commission on Safety and Quality in Health Care (the Commission) has developed a consultation paper for National Safety and Quality Mental Health (NSQMH) Standards for Community Managed Organisations (CMOs). This is the first step in the development of NSQMH Standards for CMOs, which will help provide safety and quality assurance for community mental health service users, and best practice guidance for service providers and developers. The consultation paper is now available on the Commission’s website.

Nominations open for the 2021 LiFE Awards

Every year, the LiFE Awards recognise those who have gone above and beyond in their work for suicide prevention. This year, nominations are open in each State and Territory for the categories of: Outstanding Contribution, Communities in Action, Workplace, Priority Populations. Nominations for the LiFE Awards close on Sunday 18 April 2021.

Sign the Everybody’s Home petition on social housing

Everybody’s Home is asking you to sign this petition to Treasurer Josh Frydenberg urging him to commit funding for social housing. An expansion of social housing will give all Australians a fair go, balancing the housing market, providing families with security and creating jobs.

Australian Kookaburra Kids Foundation corporate lunch

The Australian Kookaburra Kids Foundation play an important role in early intervention and mental health education for young people whose family is impacted by mental illness. Their services are in more demand now than ever. As a registered charity they rely on support from the community, support you can show by booking a spot at the 2021 Corporate Lunch in Sydney on 21 May. Sponsored by Police Bank and hosted by Chanel Nine News Anchor Peter Overton, this year’s event includes an inspiring line-up of keynote speakers and the opportunity to see first-hand the benefits of our program from a Kookaburra kid. 100% of profits raised on the day will go towards helping the Australian Kookaburra Kids Foundation continue to grow their service and support more kids across Australia.

 

  

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3,2,1 Action theatre games


Date & time

Sat 17 Apr 2021
10:00am to 12:00pm

Age

10-17 years old

Cost

Free

Bookings essential. Come and explore drama with us in this dynamic session! Work with an industry professional to participate in competitive theatre games and activities that will teach about improvisation, voice and characterisation!

This is a Chillout event suitable for young people 10-17 years.

Bookings

Bookings essential. To book visit Bazil Grumble . For more information phone 0411 246 487.

Meeting point

Meet at the playground.

Venue

D. J. Sherrington Park, 601 Blunder Road, Inala

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Queensland Health to audit COVID masks and PPE after nurses union takes industrial action


The Queensland Nurses and Midwives’ Union (QNMU) took Queensland Health to the state’s industrial relations commission yesterday, over concerns that stemmed from three nurses and a doctor being infected with COVID-19 at the Princess Alexandra Hospital.

Queensland Health’s high priority hospital and health services, including Metro North, Metro South, Sunshine Coast, Gold Coast, Torres and Cape York and Cairns must be audited by April 19.

The state’s remaining hospital and health services will need to be audited by April 22.

The Queensland Industrial Relations Commission (QIRC) also recommended that if deficiencies were found, an action plan to fix them would need to be provided.

Queensland Health is due to report at a second conference on April 27.

In a statement, QNMU secretary Beth Mohle said she welcomed the commission’s assistance and looked forward to progress being made.

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Danila Dilba launches legal action against Woolworths, NT Liquor Licensing director over Darwin Dan Murphy’s


One of Australia’s largest Aboriginal health services — Danila Dilba — has launched a legal challenge against the NT Liquor Licensing director’s decision to approve Darwin’s first Dan Murphy’s store.

Danila Dilba chief executive Olga Havnen said the health service filed the case in the Northern Territory Supreme Court on Thursday, against the NT Liquor Licensing director and Woolworths Group, the outlet’s parent company.

“I think we have to use every available means to try and stop the development of this particular takeaway outlet,” Ms Havnen said.

“As people in Darwin would know, we are already confronted with a whole range of alcohol-related harms.”

Danila Dilba was one of several Aboriginal health groups angered by the Liquor Licensing director Philip Timney’s decision last December to approve Woolworths’ latest proposal for the liquor outlet, which would be the NT’s largest.

In court documents, Danila Dilba has claimed Mr Timney’s decision was riddled with legal errors and was “illogical and irrational” in parts.

Danila Dilba, represented by lawyers Maurice Blackburn, has asked the court to look at whether community views were properly considered.

The court challenge has also questioned whether the Liquor Licensing director had the relevant power to make his decision and wants it set aside.

Last year, the NT government rushed new laws through parliament to fast-track a decision on the Dan Murphy’s application after several years of failed attempts by Woolworths to get approval.

The laws effectively circumvented the independent NT Liquor Commission, which looks closely at whether applications are in the public interest and assesses their community impact.

The new process — which only applied to the Dan Murphy’s application and three others — also removed the right to review the Liquor Licensing director’s decision at tribunal-level.

In December last year, Woolworths announced the appointment of a panel — chaired by corporate lawyer Danny Gilbert — to review its proposed Darwin Dan Murphy’s development and report back to the supermarket giant’s board.

Woolworths promised it would not begin construction at its site across from McMillans Road until that process was complete.

The panel announced on Monday it would be meeting with concerned individuals and groups in Darwin this week, before hosting a community meeting.

Woolworths Group and the NT Government have been contacted for a response.

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Sorghum farmers lose class action against Advanta over sale of contaminated certified seed


A long-running legal battle between a group of sorghum farmers and a major seed company has ended with the Queensland Supreme Court dismissing the case.

About 120 sorghum growers in New South Wales and Queensland joined the class action, arguing bags of MR43 Elite sorghum seed supplied by Advanta Seeds, formerly known as Pacific Seeds, were contaminated with the seeds of a weed called shattercane.

The contaminated seed was advertised as 99 per cent pure and the plaintiffs claimed damages for negligence or misleading conduct on the part of the company.

Advanta Seeds strenuously denied the allegations of negligence or breaches of duty and managing director Barry Croker said the company was pleased with today’s ruling.

“From here we intend to continue to invest in research, technology and new products and support those hardworking farming businesses who are the backbone of Australia’s agricultural sector,” he said.

Mr Croker said Advanta would not make further comment on the case.

The plaintiffs have 28 days to appeal the court’s decision.

The contaminated crops were planted in 2010 and the weed infestation that ensued cost some farming enterprises millions, according to Dan Creevey from Creevey and Russell Lawyers.

The plaintiffs argued the certified seed bags were contaminated with shattercane and retailed with negligence and inadequate warning.

The allegations of negligence centred around breaches of the duty of care farmers believed Advanta Seeds owed them.

But Justice David Jackson concluded there was no duty of care.

“The plaintiffs do not establish that, for the tort of negligence, the defendant owed a duty of care to the plaintiffs to take reasonable care to avoid the risk of economic loss of increased expenses of farming operations and decreased revenue from sorghum sales if MR43 seed was contaminated,” he wrote.

In its defence Advanta Seeds argued that the “terms of sale” printed on the bags operated as a disclaimer of an assumption of responsibility.

“Pacific Seeds Pty Ltd will not be liable to you or any other person for any injury, loss or damage caused or contributed to by Pacific Seeds Pty Ltd (or its servants or agents), directly or indirectly arising out of or related to the use of the product in this bag, whether as a result of their negligence or otherwise,” the terms read.

The farmers also accused the seed company of failing to adequately test or “grow out” the MR43 Elite prior to sale, which may have revealed contamination.

A grow-out refers to planting and growing a sample of seed from a production batch to assess if it is contaminated.

Advanta Seeds stopped doing grow-outs of samples of sorghum seed produced for commercial sale from 2006, according to court documents.

Justice Jackson found Advanta Seeds did breach a standard of care for failing to conduct a grow out prior to the sale of the contaminated batch of sorghum seeds.

The plaintiffs also accused the seed company of breaching its duty by failure to warn customers of contamination until mid-March 2011.

Employees of the company became aware of the problem in mid-December 2010.

Justice Jackson made no finding on whether Advanta breached duty or was misleading or deceptive by keeping silent.

Justice Jackson said the individual plaintiffs’ damages claims were not accurate enough for him to award aggregated damages to the class action group.

The defendant argued there were a number of variables not represented in the plaintiffs’ evidence of losses.

They included the variability of sorghum yields, sale prices and overhead costs,  the area planted with contaminated seed, and farming practices and rotations.

“An overall reading of the evidence as to the losses suffered by the plaintiffs and sample group members is itself enough to demonstrate the high degree of variability in the losses suffered by group members, which cannot be simply averaged on either an area or per bag purchased or planted basis to give a reasonably accurate assessment of the individual losses,” Justice Jackson said in his judgement statement.

Justice Jackson is yet to issue orders in regard to the legal costs of the defendant and has called for submissions before making the decision.

The plaintiffs’ lawyer was unable to be reached for comment.

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Lights Energy Action!


Lights Energy Action!

Lights Energy Action!Lights Energy Action!

The Lightning Room Game Show

Scienceworks

Explore all things ENERGY through three rounds of electrifying demonstrations. The show investigates different kinds of energy including light sound electricity and how they intertwine.

We’ll make lightning dance with our ‘singing’ Tesla coils and show how storing energy can produce explosive results. We’ll also investigate how energy can change. Can you turn electricity into sound? What about sound into light? And what energy secrets can be revealed by a small obscure crustacean?

Complete all three game show rounds and you might even get to see the giant Tesla Coil capable of generating more than two million volts of electricity!

Including spectacular demonstrations high voltage equipment and charismatic presenters there’s no better place to spark your curiosity.

Safety information

Due to the awesome sparks and loud noises that our high voltage demonstrations produce the Lightning Room is not recommended for young children or infants. We recommend this experience for ages five years and up.

The Lightning Room is suitable for people who have medical devices including metal implants pacemakers cochlear implants and hearing aids. To ensure utmost safety is upheld please follow the instructions of our friendly Scienceworks staff at all times.


❊ When & Where ❊

Happens: Monday, Tuesday, Wednesday, Thursday, Friday, Saturday, Sunday

Times: Session times MORNING 11:00am AFTERNOON 1:00pm 2:00pm 3:00pm

❊ Venue ❊

 Scienceworks  Events 12
Events
⊜ 2 Booker Street Spotswood | Map

Scienceworks2 Booker Street, Spotswood, , 3015

✆ Event: | Venue: (03) 9392 4800

MyCity Save


❊ Be Social ❊

❊ Coronavirus (COVID-19) Update ❊

As Victoria takes action to stop the spread of coronavirus (COVID-19), events may be cancelled at short notice. Please confirm details before making plans | Disclaimer


❊ Web Links ❊

Lights Energy Action!


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Biden to Announce Long-Awaited Package of Executive Action Against Gun Violence, Report Says



US

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Since the start of his administration, US President Joe Biden has faced pressure from House Democrats to fulfill his campaign promises and place federal regulations on assault-style weapons.

Biden is expected to introduce at the White House on Thursday his long-awaited package of executive actions intended to curb skyrocketing gun violence within the US.

Citing sources familiar with the matter, Politico reported that some of the executive actions under consideration would require buyers of devices known as ghost guns – homemade or makeshift firearms without a serial number – to undergo background checks. 

The actions will also most likely include promises from his 2020 campaign to support legislation in closing the so-called “Charleston loophole,” which allows guns to be transferred between licensed gun dealers to interested buyers before a background check is completed.

There is also a consideration for placing a ban on assault weapons and high-capacity magazines, as well as repealing gun manufacturers’ immunity from liability. Prohibition of firearm purchases for those convicted of domestic violence against their partners and federal guidance on home storage safety measures are also speculated as being part of the overall plan.

Other executive actions may include a plan by US Sen. Chris Murphy (D-CT) to reintroduce his universal background check bill. Murphy has boasted of bringing the bill to the US Senate floor, but not without hearing from the White House first. The senator believes that if the government is going to pursue legislation then “our best chance to pass a background checks proposal is this year. I don’t want to have to wait for a mass shooting.”

Due to pressure from officials, there is likely to be a push for gun control legislation in response to deadly US mass shootings. However, it’s worth noting that past shootings, such as those that took place at Sandy Hook Elementary School and at Marjory Stoneman Douglas High School, failed to prompt comprehensive federal measures.


©
REUTERS / ALYSON MCCLARAN

Morgan Beltzer, 14, of Broomfield, leaves flowers at the site of a mass shooting at King Soopers grocery store in Boulder, Colorado, U.S. March 23, 2021

In fact, the late March shooting in Boulder, Colorado, that claimed the lives of 10 individuals reinvigorated calls for stricter gun control measures. Shortly after the shooting, Colorado Secretary of State Jena Griswold told CBSN that stricter gun laws were needed to make sure gun ownership is done in a “reasonable way,” with regulation from the federal government being necessary to execute that effort. 

Additionally, the Senate Judiciary Committee has held multiple hearings to address the US’ gun violence epidemic in response to the shooting, which unfolded only a few days after a mass shooting in Atlanta, Georgia. Lawmakers have called on Senate leaders to take action and implement gun control measures.

In a letter to Biden last week, dozens of congressional lawmakers demanded the president place “concealable assault-style firearms that fire rifle rounds” under the National Firearms Act, which would make the sale and transfer of the specified firearms much more difficult to complete.

“The concealability and ability to use ammunition capable of penetrating body armor make these firearms especially dangerous on our streets and for law enforcement personnel,” the lawmakers wrote, urging Biden “to immediately promulgate regulations to cover these concealable assault firearms under the National Firearms Act.”

The looming Thursday announcement may also include the participation of his nominee for the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, who has not yet been named, but will play a key role in any executive branch actions on guns. The COVID-19 pandemic, as well as the Biden administration’s lack of a Senate-confirmed US Attorney General and ATF director are considered some of the reasons it has taken time for the administration to follow up on its gun safety campaign promises. 

In his $2.25 trillion infrastructure plan, Biden proposed $5 billion for community violence prevention programs, which has been praised by some community activists. “With this investment of our federal tax dollars, we have an unprecedented opportunity to build an infrastructure of peace to heal and disrupt cycles of violence,” said Erica Ford, head of a coalition of community groups dubbed Fund Peace. 

The latest developments came after White House Press Secretary Jen Psaki recently reaffirmed that Biden would be expanding gun control measures at the federal level, but that the timing was uncertain as a result of the ongoing review process.



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Gruesome mass discovery of dead Tasmanian devils prompts plea for action


The Greens have pleaded for federal government intervention after a spate of bloody Tasmanian devil deaths on roads in the far north-west of the state.

According to locals, 10 devils were found dead in just five days at Woolnorth earlier this year, and about 30 in total since January.

Photographs obtained by the ABC show the dead devils in graphic detail. One’s head appears to have been turned 180 degrees.

Senator Peter Whish-Wilson said the photos had made him shocked and angry.

“This Woolnorth property is recognised as an insurance population and one of the last strongholds of healthy devils in Tasmania, and obviously these figures are shocking,” Senator Whish-Wilson said.

“We’re calling for a reinstatement of federal funding to the Save the Tasmanian Devil program and an immediate comprehensive study on what needs to be done.”

Businessman Xianfeng Lu bought Van Diemen’s Land Company in 2016.(

ABC Rural: Hugh Hogan

)

A Department of Primary Industries, Parks, Water and Environment spokeswoman said the Save the Tasmanian Devil Program was “aware” of reports of devil roadkill at Woolnorth and had contacted Woolnorth Road’s owner — the Circular Head Council — to offer advice.

“Data collected by the program and other areas of state government … reveals a recurring annual spike in road-killed devils during the summer months throughout the state,” the spokeswoman said.

“This pattern is thought to occur because juvenile devils disperse from their mothers’ dens at this time of year, sometimes using roads to travel.

The stretch of road on which the devils were killed sits adjacent to Van Dairy farms.

Chinese-owned company Moon Lake Investments pledged to help protect the local Tasmanian devil population before purchasing the former Van Diemen’s Land Company in 2016.

The company — which now operates locally as Van Dairy — could not be contacted for comment on Thursday.

Three small Tasmanian devils feeding on their mother's teat
The area is believed to be home to a population of devils free of the deadly facial tumour disease.(

Supplied: David Hamilton

)

Tasmanian Conservation Trust director Peter McGlone wrote to the Foreign Investment Review Board when it was considering Moon Lake’s acquisition to recommend the company be forced to commit to protecting the local devil population.

“Woolnorth is part of the far north-west of Tasmania and at the time — and I think it’s still the case — it had wild devils that are free of the [facial tumour] disease,” Mr McGlone said this week.

Mr McGlone said the company had instead been able to express support for a devil-proof fence.

The DPIPWE spokeswoman said Van Dairy did not make any contributions to its programs, but allowed staff on-site each year for devil monitoring.

The sign at the entrance to the Van Diemen's Land Company.
The entrance to the Van Diemen’s Land Company.(

ABC Rural: Hugh Hogan

)

Company not without controversy

Van Dairy has been plagued with controversy since it was acquired by Moon Lake Investments in 2016.

Chinese businessman Xianfeng Lu paid $280 million for the Van Diemen’s Land Company after its purchase was signed off by then-treasurer Scott Morrison.

In 2018, Moon Lake’s Australian chief executive and non-executive directors walked away from the company.

At the time, former state treasurer David Crean cited concerns Mr Lu had rejected a proposal to invest in infrastructure on the farms and had pitched a company restructure that would not work.

One year later, more than 20 senior management staff wrote to Mr Lu to complain they could not “deliver safe, quality dairy products” nor “ensure nor endorse [the company’s] animal welfare policies”.

The Tasmanian Dairy Industry Authority is now investigating Van Dairy over issues with effluent discharge.

The federal environment minister was contacted for comment.

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stock market outlook: Ahead of Market: 12 things that will decide stock action on Tuesday


NEW DELHI: After a volatile intraday session last Friday, Nifty formed a Bullish Harami pattern, suggesting a pause in the correction. On the weekly scale, Nifty formed a bearish candle.

Manish Hathiramani, technical analyst at Deen Dayal Investments, said, “What needs to be seen in the coming week is that we do not retest the lows of this week as that could cripple the index. Should that happen, we will slip further to test 14,000.”

“Positive US job data and climb in fourth-quarter US GDP to 4.3 per cent helped to reduce the gravity of the contraction. On the domestic front, high-frequency data suggests good economic activity in Q4FY21 and results will be announced from April. The second wave of Covid and high valuation will maintain volatility in the near term,” said Vinod Nair, Head of Research at Geojit Financial Services.

That said, here’s a look at what some of the key indicators are suggesting for Tuesday’s action:


US stocks open lower on hedge fund default concerns
Wall Street’s main indexes opened lower on Monday after a surge in the previous session, as global banks said they faced potential losses from a hedge fund’s default on margin calls. The Dow Jones Industrial Average rose 0.04% at the open, the S&P 500 fell 0.13% while the Nasdaq Composite dropped 0.26%.

European stocks near record highs on recovery hopes
European stocks edged closer to a record high on Monday on optimism over a global economic recovery, while Credit Suisse tumbled following a warning of “significant” losses from exiting positions after a U.S.-based hedge fund defaulted on margin calls. The pan-European STOXX 600 index rose 0.3% while the export-heavy German DAX rose 0.6% to an all-time high.

Tech View: Nifty’s Harami Cross pattern signals lack of direction
Analysts said multiple parameters on the weekly charts entered ‘sell’ mode, and further buying is required to instill confidence among traders. Chandan Taparia of Motilal Oswal Securities said Friday’s Harami Cross pattern indicated the absence of direction in the market. “The index has to continue to climb and hold above 14,700 level to extend its move towards the 14,900 mark. The immediate support exists at 14,600 and 14500 levels,” Taparia said.

Check out the candlestick formations in the latest trading sessions

ETMarkets.com

F&O: Nifty yet to show any clear trend
India VIX fell 9.03% from 22.69 to 20.65 level. VIX needs to cool down below 20 level for the bullish grip to continue and the market movement to become smoother. Since it is the beginning of a new series, options data lay scattered at different strike prices. On the options front, maximum Put Open Interest stood at 14,000 level followed by 13,500 while maximum Call OI was seen at 15,000 followed by 16,000 levels. Options data suggested an immediate trading range between 14,000/14,200 and 14,800/15,000 zones.

Stocks showing bullish bias
Momentum indicator Moving Average Convergence Divergence (MACD) on Friday showed bullish trade setup on the counters of Bharti Airtel, Welspun India, Tata Consumer Products, Aditya Birla Fashion, Adani Transmission, CDSL, Birla Corporation, Dalmia Bharat Sugar, Kansai Nerolac Paint, Eris Lifesciences, Nestle India, Amrutanjan HealthCare, TCI Express, TVS Srichakra and Gillette India.

Stocks signalling weakness ahead
The MACD showed bearish signs on the counters of Firstsource Solution, Orient Electric, Coforge, Oberoi Realty, Ajanta Pharma, Persistent Systems, SS Infrastructure, Alicon Castalloy, Websol Energy System, HPL Electric & Power, Ganesh Housing Corp, Sasken Technologies, Nilkamal, Jindal Poly Investment, GRP Ltd and Sejal Glass.

Friday’s most active stocks
Tata Steel (Rs 3,249.74 crore), Tata Motors (Rs 2,398.51 crore), RIL (Rs 1,858.05 crore), SBI (Rs 1,458.30 crore), Bajaj Finance (Rs 1,220.76 crore), ICICI Bank (Rs 1,200.94 crore), TCS (Rs 1,138.41 crore), Adani Enterprises (Rs 932.52 crore), Axis Bank (Rs 919.70 crore) and HDFC Bank (Rs 893.65 crore) were among the most active stocks on Dalal Street on Friday in value terms.

Friday’s most active stocks in volume terms
Vodafone Idea (Shares traded: 36.83 crore), YES Bank (Shares traded: 10.68 crore), SAIL (Shares traded: 10.60 crore), PNB (Shares traded: 10.07 crore), Tata Motors (Shares traded: 8.09 crore), Tata Power (Shares traded: 7.90 crore), Kalyan Jewellers India (Shares traded: 5.14 crore), Tata Steel (Shares traded: 4.29 crore), JP Power (Shares traded: 4.26 crore) and Reliance Power (Shares traded: 4.19 crore) were among the most traded stocks in the session.

Stocks showing buying interest
Godrej Industries, JSW Steel, CDSL, NRB Industrial Bearings, Orchid Pharma, Pritish Nandy Communications, Privi Speciality Chemicals, Prism Johnson, AGC Networks and Praj Industries witnessed strong buying interest from market participants as they scaled their fresh 52-week highs on Friday, signalling bullish sentiment.

Stocks seeing selling pressure
Valiant Organics, Asian Hotels (West), AKG Exim, Future Retail, Future Supply Chain, Future Lifestyle Fashions, Jiya Eco-Products, Jump Networks, MT Educare and Sanwaria Consumer witnessed strong selling pressure in Friday’s session and hit their 52-week lows, signalling bearish sentiment on these counters.

Sentiment meter favours bulls
Overall, market breadth remained in favour of bulls. As many as 366 stocks on the BSE 500 index settled the day in green, while 128 settled the day in red.

Podcast: Why do US bond yields give Dalal Street a headache? >>>
As seen in the last few weeks, yields on 10-year US bonds have become one of the most important metrics for Dalal Street investors to track. A sharp spike in yields left Sensex tumbling and any cooling off eases the pressure off the bulls. After reaching a one-year high of 1.754 per cent on March 18, the benchmark 10-year note yields in US are now yielding 1.674 per cent. In today’s special podcast with independent market expert Rajiv Nagpal, we try and understand the negative co-relation between bond yields and stocks.

Thank you for dropping in to My Local Pages and seeing this article about the latest Indian news items named “stock market outlook: Ahead of Market: 12 things that will decide stock action on Tuesday”. This news release is posted by MyLocalPages Australia as part of our national news services.

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Sustainability in action at Bella Wiyn Birralee


A Drysdale early years facility that implemented a centre-wide program to improve its sustainability is fast moving towards its goal of minimal food waste.

The City-operated
Bella Wiyn Biralee Family Centre offers long-daycare places and integrated kindergarten
programs for up to 91 children each day. And while teaching children about the
natural environment is part of the centre’s learning program, educators have adopted
a more hands-on learning approach.

Staff,
children, and their families are now working together to reduce waste, save
energy and conserve water at the centre. The partnership is already reaping
sustainability rewards, including a big reduction in food waste.

The
centre’s commercial kitchen generates approximately 30 kilograms of food waste daily
in the preparation of meals and snacks for the 91 children. These food scraps
and leftovers are being composted on site using compost bins and worm farms, with
any excess food taken home by families and staff for their chickens.

The
centre’s sustainability journey started with an environmental footprint ‘inspiration
board’ in the foyer where sustainable ideas were listed. They started
completing simple actions like turning off lights to save energy, and conserving
water by reusing water used in play activities on garden beds.

With
support from families, they introduced reuse and upcycling initiatives such as
reusing glass jars for plant containers or pencil holders.  Some staff also committed to carpool for the
drive to work.

Help is now
coming from further afield with staff from our waste department visiting
the centre last month to deliver a new compost bin and extend children’s
learnings on worm farms and composting. Staff from the local Bunnings outlet
also pitched in to help set up new vegie gardens and plant seedlings with
children.

Educators
from Bella Wiyn Birralee also participate in a sustainability working group set
up for educators from the 11 Council-operated centres where they can share
ideas, provide feedback and plan future projects.

 

Suzannah McCoy – Bella Wiyn Biralee Family Centre Early childhood educator and sustainability representative

The program allows children to see sustainable living in action and then take those newly learned behaviours home with them.

They
become part of the solution and can better understand the importance of their
actions.

We want
them to know that every action, no matter how small, can make a difference in
nurturing and protecting our environment.

Thank you for dropping in and checking out this story on “What’s On in the City of Greater Geelong titled ”
Sustainability in action at Bella Wiyn Birralee
“. This article was posted by My Local Pages Australia as part of our local stories aggregator services.

#Sustainability #action #Bella #Wiyn #Birralee



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