...Environmental Case Study: Sydney Airport ! Introduction ! With Botany Bay on one side and the CBD of Australia’s largest city on the other, Sydney Airport has a full range of environmental issues to monitor and manage. Environmental management at Sydney Airport is conducted in accordance with the Sydney Airport Environment Strategy. Sydney Airport is Australia’s busiest airport, with over 8 million international travelers and 15 million domestic travelers arriving and departing on approximately 290,000 flights annually. This makes Sydney Airport a major source of pollution in Australia today. Sydney Airports environmental Strategy was developed in accordance with the current laws and legislations. It provides the system by which long term and daily environmental management can be planned, implemented and reviewed, in a cycle of continuous improvement. Sydney Airports Environmental Strategy comprises the following main components: Environmental Policy · Planning, including Environmental Aspect and Risk Identification and Assessment, Objectives, Targets and Action Plans · Implementation and Operation, including Environmental Responsibilities, Training and Awareness, Communication, Document and Operational Control, and Emergency Preparedness and Response ! · Checking and Corrective Action, including monitoring, assessment and auditing, and ! · Management Review. ! Overview ! ! · · · · · · · · Environmental Management and Stakeholder Relationships Resource Use...
Words: 1949 - Pages: 8
...QANTAS CASE SUDY ACG31- Auditing Theory and Practice Assignment 2 Word Count 2,682 QANTAS INHERENT RISK FACTORS (Question 1) 1. There is an inherent risk relating to the accuracy of an account balance of Property Plant and Equipment which is compose of freehold land, buildings, leasehold improvements and aircraft and engines. Aircraft and engines represent 70% of the total account balance of Property Plant & Equipment that is $12,341M (Annual Report 2008, p.75). The accumulated depreciation which accounts for 60% of total aircraft cost suggests the possibility that some aircraft are already obsolete as in the case of Dash 8 100 series aircraft which will retire by August 2008 (Commonwealth Securities Ltd 2008). In addition, according to a media release dated 18/7/08, Qantas will retire up to 22 older aircraft from its fleet of 228 (including announcements previously made)(Commonwealth Securities Ltd 2008). It was also reported that Qantas will proceed with its major fleet re-equipment program of new and more fuel efficient aircraft such as the A380 and B787 due to rising oil and fuel prices (Qantas Airways Limited n.d.b) This is an indication that the property plant and equipment is overvalued due to the possibility of obsolescence of some older aircraft and engines thereby resulting to material misstatement of the account balance of Property, Plant and Equipment. Physical examination of the aircrafts with...
Words: 3197 - Pages: 13
...after tax, the accumulated change in retained profits and the entity’s ability to generate positive operating cash flows. These metrics were selected as they are standard techniques employed in the private sector when evaluating the performance of firms” (Aulich. C & Hughes. M, 2013). Financial performance with different ownership may be overseen in different aspects, so privately owned companies should be monitored from a specific perspective. This paper will examine the sound measures to monitor the financial performance in privately owned business. Firstly, some financial measures will be introduced to monitor the performance from the privately-owned nonprofit entities, presenting by a health center in the USA. Next to this, Melbourne Airport will be taken as an example for examining the financial performance in some previous publicly owned companies for-profit after privatization. In addition, the definition of privately owned business varies widely, including privately-owned firm for-profit, privately-owned firm not-for-profit and privatizing company, covering small and big business (Shen Yuchu et al, 2005). Hence, it...
Words: 1566 - Pages: 7
...Of recent times, there has been a nationally recognised issue regarding employment within not only Australia, but on a national scale also. In Australia, generally the manufacturing and mining industries have been recognised as being subject to fluctuation particularly in relation to long – term employment and job stability. This can be attributed to the high cost of labour and production that Australia currently experiences and the decreased expense of importing both labour and products. For this purpose however, we will be primarily looking toward the prevalent employment issue surrounding Qantas Airlines. Of late, there has been much media attention placed upon this matter and particularly who will be specifically affected by anticipated business structure alterations and cost saving measures presumed to be put in place in the near future within the internationally acclaimed organisation. Qantas Airlines are looking to areas of the country that don’t necessarily make the desired level of profit for the company as a whole and are also reducing the amount of useless company bases located both internationally and within Australia. Of particular interest and concern are job losses that will take place within the coastal city of Cairns. It can be noted from the article provided that not only are Qantas performing these redundancies very severely but also in an insensitive and unaccommodating manner. Currently, 110 Cairns employees will lose their permanent full – time positions...
Words: 1775 - Pages: 8
...(S00177114) Janey Rose Sagana (S00176976) Minella Ann Rivera (S00177014) Arun Babu George (S00177033) Submitted on 25th September 2014 1/1/1900 2014 2014 Group Assignment: Case Study – Sydney Airport & Santos Limited Group Assignment: Case Study – Sydney Airport & Santos Limited BUSN 603- CORPORATE GOVERNANCE AND SOCIAL RESPONSIBILITY North Sydney Campus BUSN 603- CORPORATE GOVERNANCE AND SOCIAL RESPONSIBILITY North Sydney Campus Table of Contents Company Profile: 3 SANTOS MINING 3 Profile 3 Board Composition and Structure 3 Risk Management / Internal and External Controls 4 Code Of Conduct 4 Transparency Issue-Santos 4 SYDNEY AIRPORT 5 Profile 5 Board Composition / Structure 5 Risk Management / Internal and External Controls 6 Code of Conduct 6 Remuneration Committe Issue-Sydney Airport 6 Discussion And Conclusions 7 SECTION 2 7 Answer: (Question1, See Appendix) 7 SANTOS Limited Remuneration 7 Sydney Airport Remuneration 9 Answer: (Question 2, See Appendix)) 9 References 11 Appendix 13 Section 2 Questions 13 SANTOS Remuneration Table & Chart 13 Remuneration Committee Santos 15 Remuneration Committee Sydney Airport 15 Sydney Airport RemunerationTable & Chart 16 Company Profile:- SANTOS MINING Profile SANTOS (South Australian Northern Territory Oil Search) was founded in 1954 and was active in energy business for more than 50 years. Santos is one of...
Words: 2515 - Pages: 11
...AUGUST 2011 REGIONAL PLAN FOR SYDNEY Regional Development Australia-Sydney brings together people and information to promote collaborative decision making for the sustainable and just economic development of Sydney, with a focus on employment growth. REGIONAL PLAN FOR SYDNEY © Regional Development Australia-Sydney Inc. This work is copyright. The Copyright Act 1968 permits fair dealing for study, research, news reporting, criticism or review. Selected passages, tables or diagrams may be reproduced for such purposes provided acknowledgement of the source(s) is included. Permission for any more extensive reproduction must be obtained from Regional Development Australia-Sydney Inc. While every reasonable effort has been made to ensure that the data and other content in this document is correct at the time of printing, Regional Development Australia-Sydney Inc. its committee and employees, disclaim any and all liability to any person in respect of anything or the consequences of anything done or omitted to be done in reliance or upon the whole or any part of this document. The Regional Plan includes inputs from stakeholder consultations and draws information from 87 other existing plans and reports published by the Australian, NSW & Local Governments and other key agencies. It does not represent the ‘only’ information on Sydney however it provides a unique ‘overview’ of the entire Sydney Region. RDA-Sydney cannot guarantee the currency of the statistical data; therefore...
Words: 35056 - Pages: 141
...AUSTRALIA – SUMMER A 2012 CITY-AS-TEXT ASSIGNMENT PART A As I embarked on my 20 hour trip to Sydney, Australia I couldn’t help but to wonder what lied ahead. I have had certain interest since I was a child in visiting this country but as many people do, I had certain preconceptions. The only thing I knew of this country was what I had seen on TV on the Discovery Chanel about the animal population; which the country is home to more than 140 species of marsupials (animals with pouches to carry their young), including koalas, wombats and the Tasmanian devil, now found only in the Tasmanian wilderness. Australia is also home to many unique animal groups thus creating in my mind a fear for both the marine life and other animals known only to reside there; and no there are no kangaroos bounding around downtown. I was also concern about the culture shock, I had this idea that Australians where more tall, light skin, blue eyes, blonde hair, but that quickly change upon my arrival ; there’s a diversity in culture (mostly Asian) and both man and women were not to tall. My idea of an open fields and small dessert like rural areas and under developed city quickly changed upon my arrival, while much of the land is grassland or desert, Sydney is a highly developed city with an economically advanced mixed economy. The city is much developed with so many places to visit like: The Sydney Opera House, Darling Harbor, which overlooks the whole city, Circular Quay and other activities that...
Words: 4294 - Pages: 18
...At Barangaroo South on Sydney's central business district waterfront, Australia, Lend Lease is working with the New South Wales government on the A$6 billion (£4 billion) transformation of a former container port into a thriving business, residential and leisure precinct. The vision is that Barangaroo South will enhance Sydney's position as an internationally appealing, globally competitive, environmentally sustainable city. The development will be Australia's first large-scale carbon dioxide neutral precinct. Barangaroo South will feature three commercial towers ranging in height from 39 to 49 storeys, sharing a common, two-level basement to be retained around its perimeter by an approximately 770 m long diaphragm wall, socketed into Sydney...
Words: 1696 - Pages: 7
...EU/6 US/8 UK 1/25 CHALLIS AVE POTTS POINT SYDNEY NSW 2011 AUSTRALIA TEL 61 2 9332 2422 FAX 61 2 9332 2488 ALICE BURDEU H. AUBURN RED E. BLUE H. 183CM/6'0" B. 79CM/31" A W. 61CM/24" H. 88CM/34.5" SH. 41 EU/10 US/7 UK D. 36 EU/6 US/8 UK 1/25 CHALLIS AVE POTTS POINT SYDNEY NSW 2011 AUSTRALIA TEL 61 2 9332 2422 FAX 61 2 9332 2488 ALICE BURDEU H. AUBURN RED E. BLUE H. 183CM/6'0" B. 79CM/31" A W. 61CM/24" H. 88CM/34.5" SH. 41 EU/10 US/7 UK D. 36 EU/6 US/8 UK 1/25 CHALLIS AVE POTTS POINT SYDNEY NSW 2011 AUSTRALIA TEL 61 2 9332 2422 FAX 61 2 9332 2488 ALICE BURDEU H. AUBURN RED E. BLUE H. 183CM/6'0" B. 79CM/31" A W. 61CM/24" H. 88CM/34.5" SH. 41 EU/10 US/7 UK D. 36 EU/6 US/8 UK 1/25 CHALLIS AVE POTTS POINT SYDNEY NSW 2011 AUSTRALIA TEL 61 2 9332 2422 FAX 61 2 9332 2488 ALICE BURDEU H. AUBURN RED E. BLUE H. 183CM/6'0" B. 79CM/31" A W. 61CM/24" H. 88CM/34.5" SH. 41 EU/10 US/7 UK D. 36 EU/6 US/8 UK 1/25 CHALLIS AVE POTTS POINT SYDNEY NSW 2011 AUSTRALIA TEL 61 2 9332 2422 FAX 61 2 9332 2488 ALICE BURDEU H. AUBURN RED E. BLUE H. 183CM/6'0" B. 79CM/31" A W. 61CM/24" H. 88CM/34.5" SH. 41 EU/10 US/7 UK D. 36 EU/6 US/8 UK 1/25 CHALLIS AVE POTTS POINT SYDNEY NSW 2011 AUSTRALIA TEL 61 2 9332 2422 FAX 61 2 9332 2488 ALICE BURDEU H. AUBURN RED E. BLUE H. 183CM/6'0" B. 79CM/31" A W. 61CM/24" H. 88CM/34.5" SH. 41 EU/10 US/7 UK D. 36 EU/6 US/8 UK 1/25 CHALLIS AVE POTTS POINT SYDNEY NSW 2011 AUSTRALIA TEL 61 2 9332 2422 FAX...
Words: 1981 - Pages: 8
...secure undercover car space. The Victoria Park is equipped with gym, swimming pool, spa, barbeque area, and excellent security system and identification locking system. In this report, we used three main valuation approaches from the views of developers, investors and owner-occupiers to value the property. Location and Transportation Surrounded by natural beauty, Zetland is the ideal location to make a home. Two of Sydney’s finest golf courses, The Australian Golf Club and Moore Park Golf Club are a mere pitching wedge away. Nearby, the Sydney Cricket Ground and The Sydney Football Stadium cater for spectator needs, and Randwick racecourse is just down the road when people are in the mood to step out in the season’s latest fashion, or to have flutter each way on the fillies. Zetland has many schools surrounded such as James Cahill Pre School, Green Square School, Taylors College and also has hospitals surrounded such as Sydney Children’s Hospital, Prince of Wales Hospital. Form is one of an ensemble of projects located within Victoria Park at the fringe of Green Square. It is a large, mixed-use development encapsulating retail and residential components that offers a relaxed lifestyle for residents in a relaxed parkland...
Words: 2069 - Pages: 9
...bloomfield • 85- aust. Sport commission ASC created • 87- Americas cup defence funding • 89- AIS and ASC Merged • Community sport a priority again- Childrens sport • 2 key propsitions • Elite success drives participation • Bigger pool means better elite athletes 83 - 96 91 KEating becomes pm Range of specific issues, drugsm state institutes, tobacco sponsorship, education, inquiries 93 - olympics to sydney ASC restructure 1 elite sport and AIS 2 sport d'ment 3 business services Internation success Increased participation > skill acquistion . improved sport performance 96 - 03 Howard government elected - neo liberal ideology- different to fraser Hawke keating govt community sport program replaced active australia program a national participation framework schoools, local government and approved providers YMCA Record funding for sport as an industry , facility development web support 96-03 part 2 Govt as major influence in sport Clearly integrated goals Sport as a vehicle for economic development, and nation building Sydney 2000 olympics, record $ investment & medal haul But criticism of olympic sport focus- oakley review 2001- policy shift- BASA backing australias sporting ability) - integrated approach 2001 basa 4 x policy 1x athletes - included disavled to continue international success 2xEnhance sport structures so NSOs can deliver quality sport experiences 3x drug free sporting environtment 4x significantly increase sport...
Words: 321 - Pages: 2
...It was now January 31st, and Sydni Kellie and Lauren hadn’t even begun to start their bridge yet. They always talked about beginning it but never followed through. Something had always come up- dance, soccer, horses. They used pictures of other peoples bridges for t when Mr. Buck checked their progress. But it had gotten to the point where they had reached desperation. It was the last minute, and all they had was a bucket filled with supplies. It was eight in the morning and Sydni and Kellie were sitting in Kellie’s car. They had 24 hours to build a bridge adequate enough to pass. Lauren suddenly banged on the car, and there was a piece of paper with writing on it. Sydni rolled down her window, and snatched the paper from Laurens grasp. “What is this?” “Good morning to you too syd.” “ya, hi. Whos number is this ?” “A tutor! His name is Andrew.“ “Ok? Thanks for the insult Lauren,but I think I can handle passing Physics by myself..,” “No syd. That’s not what she means. Lauren are you saying that this guy can build us a bridge?…” “Yes kellie! That’s exactly what Im saying!” The three girls stared at each other in silence, and then all began talking at once. “Let’s call hi..” “Should we cal..” “Is this illeg…” Eventually, one of them ended up dialing the number. After the third ring, a man answered, “Andrew’s castle, whats your hastle?” “uhhhh. Sorry to bother you Andrew, my name is sydni. me and my friends need a little favor.” After 5 minutes, Sydni had...
Words: 807 - Pages: 4
...pizzeria. It is lowly priced. 1:30-3:30: Visit Bondi Beach. Bondi Beach is a beach for swimming, surfing, or just sunbathing. 4:00-5:00: Back to the hotel to get cleaned up for dinner. 6:00-9:00: Dinner at the Art Gallery of NSW. The restaurant is highly priced. Then, explore the gallery. After this go back to the hotel for bed. Day 5 9:00: Breakfast at the hotel. 10:00-12:30: Museum of Sydney Australia. The Museum of Sydney has objects and exhibits from colonial and contemporary Sydney. There are objects from many archaeology digs. It cost $10 for admittance. 1:00: MoS Cafe for lunch which is right down the street from the Museum of Sydney Australia. It is highly priced. 3:00- 6:00: Taronga Zoo. $44.00 dollars for an adult, $22.00 for a child. Taronga Zoo features a variety of animals. At 2:45 there is a koala encounter where guest get to interact with a koala bear. 6:30: Have dinner at one of the zoo’s restaurants. They can get expensive because they know you have to stay there. After dinner go back to the hotel for bed. Day 6 9:00: Breakfast at the hotel. 10:00: Head to Manly,Sydney. There are a variety of activites to do there and all in one place. 11:00-12:00: Oceanworld. It is an aquarium with tours and touch pools. 12:30: Ben Bry Burgers for lunch. It is a low priced burger place. 2:00-5:00: Manly Wharf is a beautiful waterfront. In it’s beaches you’ll sunbathe, relax,and maybe spot a celebrity. Also you can go swimming. 5:30: Dinner at a restaurant called Fresh...
Words: 637 - Pages: 3
...Australian culture is perceived as laid back, with hot summers, drinking beers and watching or participating in sports. It refers to “the values, ceremonies and way of life characteristic of a given group and the place of sport within that way of life” (Jarvie, 2006). Cricket is one of Australia’s most popular summer sport that has been around since the colonial days. It is one of the many sports that clearly identify our Australian culture with the influence from media advertisements in local newspapers to television, Foxtel, radio and internet, “it is part of the social and cultural fabric of different localities, regions and nations” (Jarvie, 2006). A case study that was conducted by Nathan Saad on the Sydney cricket ground (SCG), demonstrates the roles of understanding the significance of sport in Australian cultural identity. This ground is seen as a cultural icon for Australia’s sports such as “cricket (both test and one day matches), AFL, rugby league, rugby union fixtures” (Saad, 2011). Saad goes on to explain how the SCG It is seen as a product of traditional Australian culture dating back to the British colonial heritage. I agree with Saad...
Words: 1446 - Pages: 6
...Thanks Hamid, SLIDE 7 Beta is risk of individual securities. Referring beta we can say how volatile particular stock might be when measuring against market. When market grows 10% AGL is growing 6% and vice versa. Reasons for beta has low value. Competition in the industry. This trend has increased over the past five years. Utilities companies have law beta values. Because of utilities require significant infrastructure these firms often carry large amounts of debt. With high debt load utilities companies become sensitive to changes in the interest rate. The utilities sector perform best when interest rates are falling or remain low. Internal factors. Competition in the industry, competes with each other with low price. Electricity is homogeneous product, it is difficult for retailers to differentiate the product. External factors. Competition includes competition from substitute products and service. Ex: Gas, Solar power. Criticisms of beta. * Beta is historic calculation. * How many years to consider. * Company’s activities are need to consider to take a decision about risk. Why origin Energy has high beta. Origin Energy is involve with exploration and production activities of Oil and Gas. Beta < 1 the investment has less systematic risk than the market. Standard Deviation calculation: 5.0% Expected rate of return: 0.02% SLIDE 8 The standard deviation is calculate the risk of one single stock. Tighter the probability...
Words: 649 - Pages: 3