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LOS ANGELES -- A small-batch box set of film, music and memorabilia will be released to celebrate the 10th anniversary of “Michael Jackson’s This Is It,” the movie that captured Jackson’s final concert rehearsals before his death. Only 1,000 numbered copies will be made of the set that is available for presale at the Jackson online store and will be released on Dec. 11, Sony Music and the Jackson estate announced Friday. Each will include four LPs on translucent-blue vinyl, a 3-D Blu-Ray disc of the film, a 60-page coffee table book and a ticket for a July 24, 2009 concert at O2 Arena in London that was never held because Jackson died 18 days before the shows was scheduled to begin. The film, which had the highest global box office gross of any concert documentary, was released in theaters that October, the first of several posthumous projects the Jackson estate would produce. It was culled from the rehearsal footage … [Read more...] about ‘Michael Jackson’s This Is It’ gets box set after 10 years

Morningstar remains bearish on the stock's valuation. It has a price target that values WiseTech at less than $2.6 billion compared to its current market capitalisation of $8.37 billion. But the research firm it has no problem with the quality of the business itself. "We’re still comfortable that this is a decent business that should deliver relatively high earnings growth," he said. WiseTech is aiming to become the operating system for the trillion dollar logistics industry with a cloud-based solution which ensures data gets entered once and shared everywhere on the system between different logistics providers. TMS Capital portfolio manager Ben Clark also backed WiseTech and its management, lead by company founder Richard White, against the reports which allege the company has overstated revenue and earnings. Mr Clark remains unconvinced by the J Capital arguments and its motivations. If everything they say is real, you would have seen a lot more insider selling TMS Capital … [Read more...] about WiseTech backers unconvinced by short seller ‘hit job’

Decisions about membership of industry associations are entirely based on our business needs," a spokeswoman for the energy company said. JB Hi-Fi declined to comment. A BCA spokesman said the group's membership would vary from year to year.“In any given year the Business Council wins some members and loses some, and that is a reflection of each individual company’s circumstances," the spokesman said. “A decade ago the membership was in the low 100s and since then it’s been at around 130 with a record high of 137 in 2016.” The BCA's membership is made of chief executives of some of the biggest companies in Australia, including the major banks, Wesfarmers, BHP, Rio Tinto, Qantas and McDonald's. Earlier this week, the Herald and Age's CBD column revealed QBE and News Corporation had also left the BCA recently. Medibank Private last month said it had quit the peak body, also citing costs. The activities of lobby groups, including others such as the … [Read more...] about AMP, Santos and JB Hi-Fi join Business Council exodus

So what would a decent national drought policy look like? It would start by reverting to an understanding the Hawke-Keating government established years ago, but has since been blurred: droughts aren’t a “natural disaster” in the way floods, cyclones and bushfires are. For a start, those others are sudden and short-lived, whereas droughts develop gradually, spread over huge areas and can last for years. As Dorothea Mackellar realised more than a century ago, if you want to be an Australian, regular droughts are part of the deal. Always have been but, thanks to the two C-words we’re not supposed to say, are now likely to become more severe and more frequent. The day may come when not being in drought is the exception. According to former top econocrat Dr Mike Keating, “the possibility of recurring droughts must therefore be planned for and not just treated as bad luck, for which farmers themselves bear no responsibility”. The national drought policy … [Read more...] about Insincere and misguided displays of concern make the drought worse

Brunswick West Leased to Bottlemart Express, a 531 sq m corner block at 82-86 Melville Road sold through Fitzroys’ Chris James and Ervin Niyaz for $1.89 million. The price reflected a tight 4.6 per cent yield. Mr James said the campaign generated more than 70 inquiries, mostly from developers and land bankers. Chirnside Park Unit 9 at 286-288 Maroondah Highway has sold for $1,675,000 on a passing yield of 7 per cent. The 850 sq m concrete tilt panel unit was leased to Ace Space Children’s Play Centre. It recently renewed a five-year lease returning $118,014 per annum, said Cushman & Wakefield’s Robert Colaneri and Jordie Cassidy. LEASES Docklands Nick Theodossi, from Nick Theodossi Prestige Cars, has leased a showroom he owns at 50 Lorimer Street, on the corner of Montague Street. The 200 sq m, high-ceiling showroom with one car space was leased through Sutherland Farrelly’s Paul Sutherland for $92,000 per annum, plus GST. Hawthorn Hungarian patisserie … [Read more...] about Medical building sells for $9m