Davisons still competing in the fast lane – Mornington Peninsula News



Davisons still competing in the fast lane  Mornington Peninsula News

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Bike lane safety fears


John Verikios took aim at the ”incoherent, over-engineered and unsafe” section after council postponed awarding a contract to build the Geelong-to-Barwon River stage of the network last month.

“Then all [motorists will] have to do is give way to anybody on the footpath.”

Mr Verikios accused council of failing to consult with him adequately on the plans, but council’s city services director Guy Wilson-Browne rejected the allegation.

“The city has regularly engaged with Mr Verikios at various stages throughout the project,” Mr Wilson-Browne said.

The safety fears come after Brownbill ward councillor Eddy Kontelj on April 27 moved a successful motion to delay awarding a $2 million contract to Enoch Civil to build the Geelong-to-Barwon River stage.

Cycling Geelong president Helen Lyth slammed the deferral, given council had already adopted plans, saying the move put cyclists in jeopardy.

“Once again, you place the desires of motorists above the needs of all other road-users,” Ms Lyth said

But Cr Kontelj said he “did not feel comfortable” he “had sufficient information” on the night to approve the tender.

“I had questions on the plan and the tender, particularly with regards to cyclist safety, and entry and entrances along the route for both cyclists and vehicles.

“There’s a number of areas where cars are crossing over the bike lanes.

“My job is to be fully-informed. I’m not going to apologise for that.”

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Three – Lister, Lane, Shechter


THREE is Australasian Dance Collective’s triple treat featuring the Australian premieres of three superstar choreographers – Jack Lister, Melanie Lane and Hofesh Shechter – coming to QPAC from May 26-29, 2021.

THREE, Playhouse, QPAC

Brisbane’s own rising star of the choreographic world, Jack Lister, fuses dance and visual art to create Still Life

Inspired by the artworks of the 16th and 17th century Memento Mori movement, Still Life serves as a touchstone of our own mortality, the beauty in decay and our relationship with time.

THREE, Playhouse, QPAC

Melanie Lane, one of Australia’s strongest choreographic voices, seamlessly blends elegance with edgy physicality in Alterum.

This captivating work transports you to a universe that is beyond our natural world – one that draws on the re-occurring themes of the supernatural body, seen in history through mythological hybrid creatures or in today’s hyper-real superheroes.

THREE, Playhouse, QPAC

After rave reviews in Sydney, Melbourne and Adelaide, Queenslanders will finally get their chance to see the work of Hofesh Shechter, one of the world’s most exciting and groundbreaking choreographers. 

Presented in association with Hofesh Shechter Company, ADC will unleash the Australian premiere of Cult – the work that propelled the Israeli-born, London-based choreographer into his globally-renowned career.

THREE, Playhouse, QPAC

Instinctive and raw, it is a powerful illustration of his unique and revolutionary choreography and is the first time that Hofesh Shechter’s work has been performed in Queensland.

All images by Justin Ridler

Australasian Dance Collective is a valued partner of Must Do Brisbane.com

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Matthew Richardson | LIVE at Merchant Lane



MyCity Save Matthew Richardson | LIVE at Merchant LaneMatthew Richardson | LIVE at Merchant LaneMatthew Richardson LIVE at Merchant Lane, Mornington Proudly Presents Thursday, 20th May – Showtime 8.30PM Sharp Up Close and Extremely Personal with Matthew Richardson “Richmond FC All Time Superstar and AFL Hall of Famer” Achievements: 3 x All-Australian Team: 1996,1999,2008 AFL Rising Star Nominee: 1993 Australian Football Hall of Fame Tasmanian Team of The Century AFL Life Membership Most Goals Kicked at The MCG 464 Jack Dyer Medal: 2007 13 x Richmond Leading Goalkicker: 1994, 1996-99, 2001-08 Richmond Team of The Century Richmond Hall of Fame, Inducted 2015 Richmond Life Membership Full show with MC Rav-Thomas – Chatting through all the inside stories you won’t hear anywhere else! PLUS The opportunity to ask the questions you always wanted the answer to! Everyone at the show will get to meet Richo and get a picture with him straight after the show Tickets are just $30* Don’t delay! This will sell out! Get your Tix today! Dinner available from 5PM Thursday are Boss Burgers and all 8 burger varieties are just $4.99 and they’re simply magnificent To book your table prior to the show for dinner please Ph 59752733 Matthew Richardson LIVE at Merchant Lane, Mornington Proudly Presents Thursday, 20th May – Showtime 8.30PM Sharp Up Close and Extremely Personal with Matthew Richardson “Richmond FC All Time Superstar and AFL Hall of Famer” Achievements: 3 x All-Australian Team: 1996,1999,2008 AFL Rising Star Nominee: 1993 Australian Football Hall of Fame Tasmanian Team of The Century AFL Life Membership Most Goals Kicked at The MCG 464 Jack Dyer Medal: 2007 13 x Richmond Leading Goalkicker: 1994, 1996-99, 2001-08 Richmond Team of The Century Richmond Hall of Fame, Inducted 2015 Richmond Life Membership Full show with MC Rav-Thomas – Chatting through all the inside stories you won’t hear anywhere else! PLUS The opportunity to ask the questions you always wanted the answer to! Everyone at the show will get to meet Richo and get a picture with him straight after the show Tickets are just $30* Don’t delay! This will sell out! Get your Tix today! Dinner available from 5PM Thursday are Boss Burgers and all 8 burger varieties are just $4.99 and they’re simply magnificent To book your table prior to the show for dinner please Ph 59752733 ❊ When & Where ❊Date: Thursday 20th May 2021 Times: 8.30pm❊ Venue ❊ Merchant Lane (Mornington)  Events 4 Events⊜ 58 Main St, Mornington | Map Merchant Lane (Mornington)58 Main St, , Mornington, , 3931✆ Event: | Venue: (03) 5975 2733 Book Online Here MyCity Save ❊ Be Social ❊ ❊ CoronaVirus Update ❊ As Victoria takes action to stop the spread of COVID-19, events may be cancelled, businesses and venues may close. → Disclaimer: Check with the operator before making plans. ❊ Web Links ❊ → Matthew Richardson | LIVE at Merchant Lane → Richmond Football Club | Tigers Trending HOT Things to see, hear & do this weekendMake the most of your weekend in Melbourne with these fabulous events. No city does it better than Melbourne, so get out and discover the very best shows, festivals, ..Mother’s Day Guide 2021This year we celebrate Mother’s Day is on Sunday 9th May 2021. Every mum deserves to be pampered on Mother’s Day. Breakfast in bed, a day of relaxation, indulgence .. Stay in TOUCH A free weekly wrap of what’s on | More.. Update Page Upgrade Page

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The Eagles Story – Merchant Lane


The Eagles Story – Merchant Lane

The Eagles Story - Merchant LaneThe Eagles Story - Merchant Lane

The Eagles Story have two big shows coming up in the middle of this month at 2 NEW live music venues.

The Eagles Story takes this tribute to the limit.. The Eagles legend began in California, way back in 1971, The Eagles Story began right here in Melbourne and the music that became the soundtrack to a generation, the legend continues to prosper and grow.

2 x big sets of EAGLES classics

Songs like ‘Hotel California’ ‘Life in the Fast Lane’ ‘Lyin Eyes’ ‘Take it to the limit’ and many many more.

Saturday the 15th of May – Sound Garden Music Club (Bulleen)

Sound Garden Music Club has found it’s home at the Yarra Valley Country Club 9-15 Templestowe Rd in Bulleen

Doors & Bistro Open: 5.30pm / Showtime: 8.40pm / *Allocated Seating for 120 / Standing Room – 40 only

Tickets are just $35 for the show – Meals can be served in the showroom for the first 120 bookings – Standing room will apply for the next 40 as covid capacities apply. Bistro will also be available for meals then come on into the showroom.

Book Now

Sunday 16th May – Merchant Lane (Mornington)

This new live music venue on the Mornington Peninsula called Merchant Lane is headlining some great acts.

Tickets for this Sunday Session are just $30 + bf

Doors Open at 4.00pm – Showtime kicks off at 5.00pm – Bar Menu is available.

Great live Music venue. Great Atmosphere – 58 Main Street Mornington VIC 3931

Book Now


❊ When & Where ❊

Date: Sunday 16th May 2021

❊ Venue ❊

 Merchant Lane (Mornington)  Events 4
Events
⊜ 58 Main St, Mornington | Map

Merchant Lane (Mornington)58 Main St, , Mornington, , 3931

✆ Event: | Venue: (03) 5975 2733

Book Online Here

MyCity Save


❊ Be Social ❊

❊ CoronaVirus Update ❊

As Victoria takes action to stop the spread of COVID-19, events may be cancelled, businesses and venues may close.

→ Disclaimer: Check with the operator before making plans.


❊ Web Links ❊

The Eagles Story – Merchant Lane

→ theeaglesstory.com.au

→ The Eagles Story – Sound Garden Music Club


Trending HOT

View Event: Things to see, hear & do this weekend

Things to see, hear & do this weekend
Make the most of your weekend in Melbourne with these fabulous events.

No city does it better than Melbourne, so get out and discover the very best shows, festivals, ..

View Event: Mother's Day Guide 2021

Mother’s Day Guide 2021
This year we celebrate Mother’s Day is on Sunday 9th May 2021.

Every mum deserves to be pampered on Mother’s Day. Breakfast in bed, a day of relaxation, indulgence ..

Stay in TOUCH

A free weekly wrap of what’s on | More..



Update Page Upgrade Page

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#Eagles #Story #Merchant #Lane



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Brazilian Night at Cavill Lane!


Enjoy authentic cuisine, relax at our laneway bar or dance to the LIVE sounds of Brazilian duo Maravilha! We look forward showcasing special offers from Pastel & Bossa & fresh Feijoada from Doña Berthas’!

When:

From: 4:00 PM to 8:00 PM,
Saturday, 8 May 2021

Where:

Cavill Lane Surfers Paradise

Cost:

Free

Type:

Public

Contact:

Carleen

Organisation:

Cavill Lane Surfers Paradise

Phone:

0404132204

Email:

cavilllanesurfersparadise@gmail.com

Web:

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Nick Cave and the Bad Seeds bandmates and fans of Anita Lane mourn her death at 61


Music heavyweights have shared tributes to Australian singer-songwriter Anita Lane, a former member of the group Nick Cave and the Bad Seeds.

The Melbourne artist also worked with the band The Birthday Party and released two of her own solo albums, Dirty Pearl in the mid-1990s and Sex O’Clock in 2001. 

Rolling Stone confirmed Lane’s death, but the cause has not yet been made public.

Former bandmates Nick Cave and Mick Harvey both took to social media to pay tribute to Lane, as did Cave’s wife, Susie. 

Harvey shared a picture of Lane from 1995 with more than 40 hearts, captioning it “one for every year I’ve loved you”. 

Another former Bad Seeds member, Kid Congo Powers, said Lane “will be so missed”. 

“Goodbye lovely Anita, my most magical friend,” Powers said on social media

“Love to all who loved her.”

Lane was in a relationship with Nick Cave in the early stages of their music careers, and collaborated with him to co-write songs like From Her to Eternity and Stranger Than Kindness. 

She reportedly stepped away from the music scene and from public life after the release of her second album.



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#Nick #Cave #Bad #Seeds #bandmates #fans #Anita #Lane #mourn #death



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Fish Lane Markets


South Brisbane

Fish Lane Markets in South Brisbane are a new boutique indie laneway market happening once a month in Fish Lane’s leafy Town Square, with the next market scheduled for Sunday June 6.

Located under the railway bridge and surrounded by landscaped gardens, the markets are where you;ll find some of Brisbane’s best local designers, craftspeople and makers.

You can expect to find vendors selling ceramics, art, homewares, children’s toys, relaxation & skincare, pots, plants, eco and zero waste products, as well as locally made fashion.

You can expect to find vendors selling ceramics, art, homewares, children’s toys, relaxation & skincare, pots, plants, eco and zero waste products, as well as locally made fashion.

Fish Lane Markets

Fish Lane

South Brisbane

Jun 6 10-2

Free entry

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ABC journalist Sabra Lane on political journalism, hosting AM from Hobart and coping with PCOS and infertility


When Sabra Lane was a teenager, a doctor told her she wouldn’t be able to have children.

She was diagnosed with a hormonal condition called Polycystic Ovary Syndrome (PCOS), which is a leading cause of infertility in women.

35 years ago, it was poorly understood and the doctor’s grim prognosis was wrong — many women with PCOS do manage to have children with the help of fertility treatment.

But Lane didn’t learn that until much later, too late in fact, and the diagnosis had a profound effect on the way her life panned out.

“I was pretty devastated at the time,” recalls Lane, now aged 52.

“I think PCOS, has to a degree, shaped who I am — I’m pretty determined and cope well with pressure.”

Her experience would later lead Lane to fight for better awareness, diagnosis and treatment for women with PCOS and infertility — grief, she says, “you never really get over” (more on that later) — but her determination and ability to handle pressure has led her to become a highly respected journalist.

Lane is only the second woman to be president of the National Press Club, which hosts speakers on a range of national issues.(

Supplied: Sabra Lane

)

She’s been at the forefront of the ABC’s federal political coverage for the past 13 years and since 2017, has hosted the long-running morning current affairs radio program, AM — a program she first started listening to as a journalism student in the late 80s and hoped she would work on one day.

“It is a tremendous honour,” says Lane.

“I have always had a strong pull to radio and I love the program because I think it gives people a neat snapshot of major issues that are running in the day and I am well aware of how privileged I am to have this position.

Lane was also the president of the National Press Club — only the second woman to steer the organisation in its 50-year history and the first to be given life membership after stepping down at the end of last year.

“Sabra is one of the best,” says Misha Schubert, a longstanding senior journalist, speechwriter and communications director who’s been a vice-president of the Press Club for more than a decade and worked alongside Lane at the club and in the press gallery.

“She’s one of the kindest and most thoughtful humans there is.

“A superb reader of people, and someone who makes enormous contributions to the wider community.

“Her elegant kitten heels are big shoes to fill.”

Woman standing between two men standing at lecterns with National Press Club of Australia The Leaders' Debate written on them.
Sabra Lane hosting the debate between Scott Morrison and Bill Shorten during the 2019 election campaign.(

ABC News

)

Schubert believes what sets Lane apart as a journalist is how methodical she is with preparation and research.

“If Sabra interviews someone for AM or for a National Press Club broadcast, you can bet she’s read widely on that topic and has thought hard about how to frame questions that might actually get answers that illuminate rather than deflect,” she says.

“It’s an incredible skill and it involves a lot of work outside the studio.

“If you look at her National Press Club events in an ‘in conversation with’ format, the rigour and skill shines through.

“She was superbly on top of her brief, masterly in her handling of the event and demonstrated such skill.

“She knew when to press each leader further, when to let a point of debate play out and was impeccable in her even-handedness.

“It was a career-defining moment.”

Covering federal politics from outside Canberra

Lane has been “living and breathing” federal politics since arriving in Canberra in 2008.

She started as a reporter for ABC Radio Current Affairs (AM, The World Today, PM) before becoming the chief radio current affairs correspondent and moving to TV as 7.30’s political correspondent and then back to radio, hosting AM.

Lane standing in front of 7.30 logo in studio.
Lane was the political correspondent for the nightly TV current affairs program 7.30 for three years.(

ABC News

)

But last Christmas, Lane left the so-called ‘Canberra bubble’ and relocated to Hobart, from where she continues to host AM.

“It’s fantastic, meeting my expectations and beating them,” she says.

“It’s interesting because you get to hear views that are not Canberra views about big policies and ideas.

“So, you’re getting that input directly from people who are removed from Canberra about what they think is important and often what politicians think are important and what people out in other parts of Australia think are important are completely different things.

“I think the ‘Canberra bubble’ has become a term that politicians use when they just don’t want to answer a hard question.

“Sometimes politicians, their minders and the gallery are really interested in that inside beltway-type stuff but for a lot of stories it’s about ‘how does this affect the daily lives of normal people?’

“Generally, I think we are well-served [in political reporting] but sometimes that perspective is lost, not only with politicians but the gallery too.”

One woman and two men on air sitting at TV news desk.
Lane with colleagues Greg Jennett and Chris Uhlmann during rolling news coverage of the 2015 Liberal leadership spill.(

ABC News

)

COVID-19 has forced many of us to reassess our lives and inspired many a tree or sea change but Sabra Lane had been pondering a ‘Tassie change’ for a couple of years, the pandemic just sealed it.

She’s had a strong affinity for smaller communities since growing up in the Victorian border town of Mildura, is a keen bushwalker and fell in love with Tasmania in 2017 after hiking the Overland Track.

It also reminded her of Norway, a place close to her heart, where she lived for a year as an exchange student in her teens.

Lane’s partner, Simon, had previously lived in Hobart for 20 years.

When she asked if he’d be happy to head back south it was a resounding yes — and also from the ABC, which is keen to decentralise its operations.

At the same time, PM presenter Linda Mottram relocated to the South Coast of NSW.

“Management has talked about relocating key roles out of the traditional broadcasting hubs of Canberra, Sydney and Melbourne and I think this shows they’re fair dinkum about it, that the corporation is absolutely serious about achieving its goal of being more relevant to more Australians,” says Lane.

‘I’m not into gotcha moments’

Political reporting is not for the faint-hearted.

It’s high pressure and the relationship between journalists and politicians can often be combative.

Woman interviewing a man with cameraman and sound equipment around them.
Interviewing former prime minister Bob Hawke in 2015.(

Supplied: Sabra Lane

)

As an interviewer, Lane says she isn’t interested in simply snaring a politician in a verbal trap for the sake of a headline, rather she’s focussed on getting to the truth, which can be difficult when a politician is preoccupied with trying to stay ‘on message’ or worried about saying something that might come back to haunt them.

“I hate gotcha moments, I’m not into gotcha moments,” she says.

“But interviewing can be hard.

“I was accused of going for a gotcha moment last year with the Prime Minister.

“He’d just announced that he wanted unions and businesses to put down their weapons and sit down to try and talk about changes they could get on industrial relations policy.

“I had a question in mind about something that’s still running now, months later, the so-called Better Off Overall Test, which had been included in legislation to try to get unions on board and I simply wanted to get an answer about whether the government was still committed to that policy.

“I’d asked the question a number of times and I did want a yes or no answer to that question.

“The Prime Minister said, ‘We can’t have those old debates anymore’ and an observer said I was pursuing gotcha journalism.

“But I was genuinely just trying to understand where he was coming from.

“Perhaps he could have said, ‘Look, we’re not prepared to give a yes or no answer on that yet’ or ‘there is no yes or no’.

“Maybe it happens because we journalists are impatient for answers but sometimes politics isn’t black and white, it’s grey and we need to give politicians the opportunity to give us that nuance.”

Woman wearing headphones interviewing a man in front of radio microphones.
AM presenter Sabra Lane interviewing Noel Pearson on the Constitutional Recognition Summit at Uluru.(

ABC News: Caroline Winter

)

When asked to nominate her memorable interviews, Lane mentions two you mightn’t necessarily expect, which revealed more about the person than politics.

“I did an interview when I was at 7.30 with former federal MP Barry Cohen, which initially was a pick-up interview for someone else’s story on Alzheimer’s,” recalls Lane.

“He was well aware his own faculties were going and he was really distressed, particularly about his wife and conscious of the burden that was being put on her.

“He kept breaking down and crying in the interview and I was just trying to reassure him that everything was alright.

“It was really powerful interview, so powerful that Sally Neighbour who was the executive producer at 7.30 at the time decided that should air as an interview in its own right because he was incredibly gracious and honest in giving people an insight into the insidious, horrible nature of dementia.

“Another interview that stands out for me was with Liberal MP Craig Laundy, who, also, started crying during the interview.

“He had been trying to agitate from within to change the Coalition’s policy to allow more refugees into Australia, which he ended up achieving, but just seeing the pressure of it on him, the fact that he was so moved by the issue and that he trusted me to speak about was also powerful.

“And I think both those interviews highlight that sometimes you’ve got to just let people say their piece, give them time and not interrupt them.

“I think if you let an interview breathe, sometimes you find that you get the best answers out of people.”

The enduring grief of not being able to have a child

While Lane has always preferred radio as a medium, she actually got her start in television at Channel 10 in Adelaide.

Woman with head leaning on hand looking at newspapers with typewriters in background.
Lane at university, studying journalism in the days of electric typewriters.(

Supplied: Sabra Lane

)

As a student, she spent Friday and Saturday nights listening to police scanners and weighing up whether it was a big enough drama to drag a camera crew out of bed.

“Police and fire brigades talked in codes, so, if I remember correctly, a murder was a 303 and you had to learn what was what and then ring or page a cameraman to head to the scene and I had to quickly discover good news judgment because if they got to a job that wasn’t newsworthy, they’d certainly let you know about it,” she says.

Ten then hired her as an assistant chief-of-staff, she moved to the ABC in Adelaide as an on-air reporter and then to Sydney to be chief-of-staff of the ABC’s TV newsroom.

In 1997, Lane joined Channel Seven as a producer, later working on the Sydney Olympics coverage and as executive producer of Sunday Sunrise.

She finally got a shot at radio in 2006, landing a low-level job at ABC radio current affairs after studying an audio engineering course at night school and then set her sights on Canberra.

But before she got there, she tried to start a family.

At the age of 35, she underwent fertility treatment but was unsuccessful.

“It was gut-wrenching at the time,” she recalls.

“I had to absent myself from family and friend’s gatherings where I knew that there would be young children because I just couldn’t cope with it.

While she doesn’t blame the doctor who told her as a teenager she wouldn’t be able to have children — there wasn’t much known about PCOS at the time, she says — had she been given better information earlier, maybe things might have turned out differently and her experience moved Lane to champion the cause of women with the condition.

In 2004, she joined the committee of a fledgling support group, the Polycystic Ovarian Syndrome Association of Australia (POSAA) and ended up becoming president, sharing her story in a bid to raise awareness in the community and, particularly, amongst the medical profession and lobbying for national guidelines to improve diagnosis and treatment.

“I felt a need to discuss PCOS publicly because it encompasses so many social taboos, infertile women, women who are morbidly obese or overweight,” says Lane.

“At the time, so many GPs were not diagnosing it in a timely manner, or they were blinkered in their treatment or they were treating women for fertility issues but totally blind to the dangers around insulin resistance and diabetes or the other way around.

“Three out of four women with PCOS do go on to have children, some with medical intervention, others just by making changes to their lifestyle and losing weight, but you’ve really got to get on with it early.”

Gab Kovacs is a pioneer in fertility treatment and a PCOS expert who has known Lane for about 20 years.

He invited her to write a chapter from the patient’s perspective in his book, The Polycystic Ovary (3rd edition), to be released later this year and says her hard work in publicising the syndrome played a significant role in the federal Health Department funding an initiative led by doctors, Helena Teede and Rob Norman, to achieve international guidelines on the assessment and management of PCOS.

“I think she’s done a really good job, PCOS now has such a high profile,” says Professor Kovacs.

“The [international guidelines] is a landmark document and has been published in numerous journals.

“You could say the reason the Health Department was willing to fund this was because of public awareness and Sabra had a big part in getting that awareness going, so she was the foundation to that grant and these international guidelines.

Woman taking selfie with mountains and bush in background.
Lane grew up in country Victoria and is a keen bushwalker.(

Supplied: Sabra Lane

)

Schubert says Lane deserves similar credit for her voluntary work leading the National Press Club, particularly in promoting women.

“Sabra’s presidency was a game changer,” says Schubert.

“She truly transformed the organisation in her time at the helm.

“She built on the huge strides the club has made over the past decade towards more equal representation of women on the board.

“And she actively curated lists of far more diverse speakers — spending hours and hours of her time each week coaxing a much broader range of impressive figures into standing at that awe-inspiring podium and delivering powerful speeches.”

When Lane first took over hosting AM in Canberra, with its horrendous 4:00am starts, she was “burning the candle at both ends”, working crazy hours and not getting enough sleep.

Then she had a major heart scare, her heart was racing at 230 beats per minute and she was diagnosed with super ventricular tachycardia.

There was no lasting damage but it forced her to reassess the work/life balance that is a constant challenge for many of us.

Now, in her new Hobart home, Lane thinks she’s got that balance just about right.

“I’m cognisant of the fact that I’ve got a really important job to do but I’m now in what I consider to be the best place in the world to be doing it,” she says.

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#ABC #journalist #Sabra #Lane #political #journalism #hosting #Hobart #coping #PCOS #infertility



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ECB wants to keep yields in check while economy heals, Lane tells FT




FILE PHOTO: Executive Board member of the European Central Bank Philip Lane attends the Fortune Global Forum in Paris, France, November 18, 2019. REUTERS/Gonzalo Fuentes

March 16, 2021

FRANKFURT (Reuters) – The European Central Bank is aiming to stop bond yields from rising before the pandemic-hit euro zone economy is ready to digest higher borrowing costs, the ECB’s chief economist Philip Lane said in an interview published on Tuesday.

The ECB’s decided last week to accelerate bond purchases for the next three months to counter a rise in bond yields, which policymakers deem at least partly unwarranted for an economy still struggling under the COVID-19 pandemic.

“Our objective is basically to make sure the yield curves, which play an important role in determining overall financing conditions, do not move ahead of the economy,” Lane told the Financial Times.

With the ECB in the middle of a strategic review, Lane added there was a “strong logic” in announcing that inflation would be allowed to overshoot the ECB’s 2% target given that it had lagged it for so long, as the U.S. Federal Reserve has done.

But he cautioned there were “other options that may also be successful in anchoring inflation expectations”.

(Reporting By Francesco Canepa; Editing by Balazs Koranyi)




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