old man emu

12 hours ago, turboplanner said:

Bankstown Airport Movements in 2017 were 248,000 (the latest figure is in a previous post)

That is a useless statistic, a minimum of five years out of date. 

12 hours ago, turboplanner said:

the aviation industry is producing numbers that aren't all that short of the peaks. 

No. The airport lessee is using false numbers to hide the fact that it has basically destroyed Bankstown as a General Aviation terminus. 

12 hours ago, turboplanner said:

The Lessee is entitled to sublet in the way it can make a profit.

It was also supposed to maintain the aerodrome as a General Aviation facility. It does that by mowing the grass around the runway.

12 hours ago, turboplanner said:

those people left for cheaper airfields,

Because the lessee made it uneconomical even to use the aerodrome when flying into Sydney to conduct business or for personal reasons and park your aircraft for a day or two. 

Cheaper airfields?????? Just about as soon as they got the leases for the three Sydney Basin aerodromes  - Bankstown, Camden and Hoxton Park - they closed Hoxton Park and turned it into a warehousing centre. Now Sydney is left with no publicly owned aerodromes. Aviation-related businesses on Bankstown and Camden are being squeezed into bankruptcy or premature closure by the lessee's constant imposition of higher rents, expensive electricity supply and outdoor parking fees.

I hope I'm wrong, Turbo, but sometimes I think from your posts that you are closely involved with those corporations that hold these almost perpetual leases.

IMPORTANT INFORMATION:

EFTPOS facilities will be available at the Event Office for those who would like to pay their entry fee on the day instead of doing a bank transfer.

Seems there are giant ones and pygmy ones. Now I'm starting to wonder what is the root of worldwide stories of elusive mischief makers from elves and goblins to the gremlins who disconnect wires in awkward places or snatch away the last nut needed to reassemble the essential widget you are working on.

If we accept that the Aboriginal peoples of Australia have been isolated from more recent human migrations that place the arrival of humans there at 50,000 years ago at earliest, while others have suggested that these first settlers of Australia may represent an older wave before a more significant out of Africa migration and thus not necessarily be ancestral to the region's later inhabitants, the idea of creepy creatures must have arisen very early in human's cultural development. Or maybe the big hairy ones are an ancestral memory of early contemporary species.

11 hours ago, BrendAn said:

i know about the pilliga and what lives in it.

I laughed at first, out of ignorance, but I've since learned of the Pilliga Yowie, or Jingra, a 10 ft (3.0 m) tall, hairy, man-eating beast.  So feared is the Pilliga Yowie that truckies travelling on the Newell Highway between Coonabarabran and Narrabri will not use the rest areas along the 100 kms through the Scrub. The Pilliga Yowie is the protagonist in the movie There's Something in the Pilliga.

Once has to wonder that if Yowies, or Jungra are part of Aboriginal culture, if they are real, then they must have existed through many generations of their species. Or are they a disciplinary tool used by Aboriginal mothers to teach their children of Life's dangers, much as the Bogeyman and Hansel & Gretel's witch?

Thanks for introducing me to Eric Rolls. I must start reading him. I didn't realise he had lived so close by. It gives me an idea for the route of the "Pillaging the Pilliga" event if we have it. What do you think of it?

OK. We have aircraft from RNAC coming up for the event

In the parlance of Economics, it's called vertical integration. In common parlance it's called Up you, Jack.

Arthur Butler Aviation Museum would like to obtain a wooden propeller to use as a perpetual trophy for its flying event.  If someone has an unserviceable one, possibly from a Jabiru (most common one, I think) and would like to part with it for a good cause, please PM me.

Old Man Emu

If the first one comes off as I hope it will, we  probably will be running a similar event every two years to alternate with the air show that Coonabarabran Aero Club runs. 

If that happens, the next one will ne "Pillaging the Pilliga". The Pilliga Forest, sometimes known as the Pilliga Scrub, constitutes over 5,000 km2 of semi-arid woodland in temperate north-central New South Wales. It is the largest such continuous remnant in the state. The forest is located near the towns of Baradine and Narrabri and the villages of Pilliga and Gwabegar.

The route might be something like this:

2 hours ago, Bruce Tuncks said:

please don't make the flight plan compulsory.

But that is the the idea of the event. It's too easy to rely on an electricky thing. The role-playing is to put yourself in the position of a Butler Air Transport DH84 captain in the late 30s, and early post-war period when you had to do the sums yourself and, since you had to connect with a scheduled flight, you had to be on time. 

I'm not stupid to think that EFBs aren't going to be used during the flight. I did that the other day when I surveyed the route. But it is more a test of oneself to see how professional one can be in flight planning. Can you actually be at a location exactly when you planned to be there. Unfortunately, the country lacks outstanding landmarks for a lot of the course, so the observation trial part might need to be bolstered by some aviation history questions.

All I can say is that before the event, pilots and navigators should consider all phases of a flight and plan accordingly.

I can see myself being as busy as a one-armed paperhanger in a windstorm on the morning of the event. That doesn't worry me, as I can plan for it. What annoys me is that the information package contains the strongly suggested lanes of entry to Tooraweenah for arriving aircraft. I did all the work preparing those in order to make arrivals safe. If people who are either wanting to compete, or simply treating it as a social event, don;t at least ask for the package, then the risk of mid-airs is increased. 

There's a custom in the Country. If you need to open a gate to go forward, close it behind you. I'd like to apply something similar. If there's a suggested route, use it.

When you search and locate the email addresses of aero clubs, flying schools and what not, then send them emails, I'd reckon that you've notified the majority of the recreational aviation community. 

11 hours ago, Thruster88 said:

I only know the event is on from this forum.

So you know about it, and I can accept that a prior commitment prevents you from coming, but have you mentioned it to others at Cowra? I have actually spoken to the flying school at Cowra and sent information. The aero club was deserted on the day I was there.

I suppose I'm just feeling sorry for myself, sitting in an unfinished dwelling because I've put too much time into doing something for others. There's no fool like an old fool.

Well, it's only two weeks until the supposed running of the Arthur Butler Trophy event. I say "supposed" because as of Sunday 7th May, only a handful of people have bothered to request an entry form. At this rate it'll be a case of "every child wins a prize". Hardly worth even dropping the starter's flag.

Notice that  the company, Legacy Trust,  is from Michigan USA. Hence they use "insurance" to describe what is actually "assurance". 

Public Liability insurance  is a means of making certain that if a person is injured, or suffers property damage because you were not careful in what you were doing, then the person can have the costs of recovery from injury or repair of damage paid for, without your having to find the money from your own assets. 

Again, insurance is a bet. You bet that a thing will happen, the bookie bests that it will not. As you can see, its a triumph for the bookies, because most things we fear never happen. The reason that premiums for insurance are so high is that when an event does happen, the cost to fix it nowadays is really high. The crunch here is determining if you had a duty of care to the injured party, especially if the Silks get involved in sorting things out.

Assurance has a bit of a bet in it. The bookie is betting that you will live long enough to pay the amount of the wager. In other words, if you insure your life for $1M, the bookie (actuary) will look at your age and compare it to statistics which estimate how much longer a person at that age will live, and set a premium to make sure that after that many years, there is money in the pot to pay $1M. If you cark it three weeks after entering the contract, then the bookie loses. While you are paying your premium each year, it is going into a pool of funds so that a claim arising from the early death of another policy-holder can be paid. Because the bookie is holding a lot of unused money, it can be invested and the interest added to the pool.

2 hours ago, BrendAn said:

These life assurance policy's are new to me. Never heard of them before.

What I described as "assurance" policies were the very original. I'd bet that, depending on your age, either your parents or earlier ancestors from the 20th Century used to have their shilling ready each week when the man from the AMP came to collect the premium. 

I would hazard a guess that the word "assurance" has dropped out of use due to the influence of American English on Anglo-Australian English. The Americans seem to use the word "insurance" to cover the two different ways of preparing to deal with future events.

3 hours ago, pmccarthy said:

The subs were deductible and payout was tax exempt, that is the only reason it made sense. Then they changed the tax rules and these policies disappeared.

Ah Ha! That would explain why it is now that "endowment assurance" policies are gone. The ATO looked upon them as a wealth-through-investment creation method since that type of policy paid "bonuses" base on the profit of the company. At the end of the term, you had paid in the "sum assured" in installments, from your already taxed money, but the bonuses were the result of the financial management of the company. You could liken it to buying a certain number of shares by instalments, but getting the full annual dividend based on the number of shares your premium bought. Each year the bonus went to buying a share or two more so that at the end of the term, you owned what you said you would buy plus some more. When you "sold" those shares it was a sort of Capital Gain.

Is that right, Jerry?

"Single flare"

There's something that tinkles a tiny bell. Am I wrong in saying that the flaring on piping used with aviation fittings are double-flared? 

5 hours ago, skippydiesel said:

an example of assurance,

That example is not really an assurance policy because it does not specify the sum to be paid when the event occurs, although without looking into one, I suppose the fund would have to make some promise. If you really want to prepare for your funeral, I suggest purchasing your plot now, and keeping the cemetery informed of your contact details. Then you can buy your coffin or casket and store it until needed. I have often considered making my own. It's not beyond the ability of the average DIYer - probably easier than making a chest of drawers. Then you put a clause in your will stating that after your debts and funeral expenses have been paid, the family can fight over what is left.

Just to clear things up. With an assurance policy, the assurance company enters into a contract with you to pay a nominated amount of money when  an event takes place. Look at the once popular Endowment policy. The agreement there was that the assurance company would pay you a certain amount of money after an agree time (set by law at a minimum 10 years) if you regularly paid a set amount (premium). Say the agreement was for $10,000 at the end of ten years. You would pay $1000 per year. If however you were knocked off the perch at five and three-quarters years, the assurance company agreed to pay the full $10,000 and cop the loss. If the policy ran the 10 years, then the assurance company had your money to cover payouts to other policyholders.

Whole-of-life assurance policies generally only pay out on death, or total and permanent disability, so tend to have slightly cheaper premiums than Endowment policies. And they usually pay you out, dead or alive, if you reach and advanced age, like about 85 years.

However, with a insurance policy the assurance company enters into a contract with you to pay a nominated amount of money if an event takes place. If the event happens you win. If not, yu lose. Insurance policies usually only have a life of 12 months, so you have to renegotiate them annually. Sometimes an insurance policy can be for a shorter term - such as crop insurance, it Public Liability insurance for a one-day event.

Now, let's not now wander down the sidetrack of immoral practices insurance companies engage in to break the contract, but keep you money. 

The moral of the story is that, if you want to provide for your family in the event of your death, buy an assurance policy. And see if you can get one that allows YOU to increase the premiums and sum insured in relation to inflation. Otherwise, entering new insurance policies should be done about every five years. If you, as a young married, took out a $1M whole-of-life you would probably be looking at taking out a policy of, say, $5000 in five years. You wouldn't need to take out another $1M.

22 hours ago, skippydiesel said:

OME - You will, I am sure, understand the satisfaction, masochistic it may, be from doing it ?) yourself.

Most assuredly, but sometimes one must look to the end result. I'm sure that Rodney would be happy to teach you how to use the tool, and to use it at his place. That mob have always had the custom of providing free advice to homebuilders because the original owner built his own Pitts Special and was hoping to build a GeeBee replica before he got crook.

Assurance and Insurance are two completely different things.

A definition of "assurance" is a promise to cause someone to feel certain by removing doubt. So an assurance policy is a promise from the company to pay a nominated sum when an agreed event happens - death, or at the end of a specified period of time.

A definition if "insurance" is a promise a thing providing protection against a possible eventuality, which if that does not eventuality happen there is no payment. 

An assurance policy can be compared to a forced saving plan which results in reaching a definite goal.

An insurance policy can be compared to betting on a horse race. You only get a pay out if your horse places.

After having grown up with MPG, it would have been much clearer to simply go KPL. I can get 700 kms out of an alleged 55 litres in my car. That's 7.8 l/100km. But when I top up with 25 litres, I like to know that I have increased my range by 25 x (700/55) = 25 x 12.7 = 318 kms. If I want a quick estimate, I can use a factor of 12 or even easier, 10.

13 hours ago, spacesailor said:

my Newest GreatGrandSon  will never understand the rein of Queen Elisabeth .

Born yesterday

Does that mean that his birthday is 3/5/23 or that he is gullible?

14 hours ago, onetrack said:

1/4" and 1/2" steel plate became 6mm and 12mm - when it should've been 6.35mm and 12.7mm

Have you measured it? I'm pretty sure that the rolling presses for sheet steel are still set at the imperial measurement. How damned accurately can you manufacture in steel with anyway? I was once told that in wood or tube aircraft construction, if you get to within 1/8" you are doing really well. Just remember the old carpenter's maxim, "In glue and dust we place our trust. If that don't work, the putty must."

13 hours ago, Garfly said:

Same here. 

Same here.  Maybe a direct donation facility would be simpler and mean less work for the over-stretched organiser at this point.

Thanks for that recognition. When an organisation like the Museum seeks to raise money by running a raffle, guessing competition Art Union and the like, I think that it is commonly held by the people who outlay money to enter have little expectation of winning and consider that winning any of the offered prizes is a remote possibility, making the outlay really a donation. But for the organization, offering a prize removes the feeling that it is going through the streets with a begging bowl crying, "baksheesh".

Fortunately modern technology makes it easy to set up a means to gather entries digitally. That is something that I have to set in motion.

On the other hand, if anyone would indeed simply like to make a donation, PM me and I will give you the details for a money transfer. At this stage the Museum is not registered for donations to be tax deductable.