Our long-term capital investment program in ports will move to a new phase next month with the opening in Brisbane of our world-first automated straddle carrier terminal,

well into an investment cycle that should lead to long-term consistent growth from a stable of high quality strategic businesses.

We are about to move into a new phase when Russian state-controlled energy companies are opened for investment with cooperative foreign firms. It makes sense to have someone with international experience ? either corporate or political ? leading that process at the head of those companies.

We're looking at $13 billion in capital investment over the next decade.

We think the stock is still a very good long-term investment,

There's a new climbing centre opening up in the UK every month. There's a new class of climber emerging who is using climbing walls as an alternative to the gym, and will graduate to climbing outdoors.