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How an Aussie artist captured the attention of A-list celebrities

<p dir="ltr">An Australian artist who specialises in vivid contemporary pieces of art has captured the attention of celebrity A-listers, including pop singer Miley Cyrus. </p> <p dir="ltr">Nick Thomm left his native Melbourne in 2014 to move to New York in order to pursue his passion for art. </p> <p dir="ltr">Just two years later, he received a message on Instagram from Miley Cyrus, who commissioned the up and coming artist to paint a mural in her Los Angeles home. </p> <p dir="ltr">“Miley's awesome. She just followed me on Instagram and we started talking,” he told <a href="http://linda-kovacs-kokw.squarespace.com/nick-thomm">Westwood</a>. </p> <p dir="ltr">“Literally, two weeks later I was at her house putting up a mural for her. She's a really inspiring person to be around - a full genius. She kind of inspired me to get over to the United States permanently. She's been awesome to me.”</p> <p dir="ltr">​​The hyper-coloured mural is saturated with radiant shades of purple, blue and orange on a pink backdrop.</p> <blockquote class="instagram-media" style="background: #FFF; border: 0; border-radius: 3px; box-shadow: 0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width: 540px; min-width: 326px; padding: 0; width: calc(100% - 2px);" data-instgrm-captioned="" data-instgrm-permalink="https://www.instagram.com/p/BBjVubar1Rh/?utm_source=ig_embed&amp;utm_campaign=loading" data-instgrm-version="14"> <div style="padding: 16px;"> <div style="display: flex; flex-direction: row; align-items: center;"> <div style="background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 40px; margin-right: 14px; width: 40px;"> </div> <div style="display: flex; flex-direction: column; flex-grow: 1; justify-content: center;"> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 100px;"> </div> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 60px;"> </div> </div> </div> <div style="padding: 19% 0;"> </div> <div style="display: block; height: 50px; margin: 0 auto 12px; width: 50px;"> </div> <div style="padding-top: 8px;"> <div style="color: #3897f0; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: 550; line-height: 18px;">View this post on Instagram</div> </div> <div style="padding: 12.5% 0;"> </div> <div style="display: flex; flex-direction: row; margin-bottom: 14px; align-items: center;"> <div> <div style="background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(0px) translateY(7px);"> </div> <div style="background-color: #f4f4f4; height: 12.5px; transform: rotate(-45deg) translateX(3px) translateY(1px); width: 12.5px; flex-grow: 0; margin-right: 14px; margin-left: 2px;"> </div> <div style="background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(9px) translateY(-18px);"> </div> </div> <div style="margin-left: 8px;"> <div style="background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 20px; width: 20px;"> </div> <div style="width: 0; height: 0; border-top: 2px solid transparent; border-left: 6px solid #f4f4f4; border-bottom: 2px solid transparent; transform: translateX(16px) translateY(-4px) rotate(30deg);"> </div> </div> <div style="margin-left: auto;"> <div style="width: 0px; border-top: 8px solid #F4F4F4; border-right: 8px solid transparent; transform: translateY(16px);"> </div> <div style="background-color: #f4f4f4; flex-grow: 0; height: 12px; width: 16px; transform: translateY(-4px);"> </div> <div style="width: 0; height: 0; border-top: 8px solid #F4F4F4; border-left: 8px solid transparent; transform: translateY(-4px) translateX(8px);"> </div> </div> </div> <div style="display: flex; flex-direction: column; flex-grow: 1; justify-content: center; margin-bottom: 24px;"> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 224px;"> </div> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 144px;"> </div> </div> <p style="color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; line-height: 17px; margin-bottom: 0; margin-top: 8px; overflow: hidden; padding: 8px 0 7px; text-align: center; text-overflow: ellipsis; white-space: nowrap;"><a style="color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: normal; line-height: 17px; text-decoration: none;" href="https://www.instagram.com/p/BBjVubar1Rh/?utm_source=ig_embed&amp;utm_campaign=loading" target="_blank" rel="noopener">A post shared by NICK THOMM (@nickthomm)</a></p> </div> </blockquote> <p dir="ltr">His abstract street-style artworks explore a modern colour scheme through a deep hallucinatory style that draws you into the art.</p> <p dir="ltr">The mural serves as the backdrop for Miley Cyrus’s disco ball-esque grand piano, giving her music room a futuristic feel. </p> <p dir="ltr">Nick owes a lot of his international success to Instagram, which he used to promote his works and his small exhibits he hosted during his first years in New York. </p> <p dir="ltr">This self-exposure led to working with numerous celebrities, as well as international brands such as Nike, Maybelline and Adidas. </p> <p dir="ltr">He's also made paintings for museums around the world including the Moco Museum in Barcelona.</p> <p dir="ltr"><em>Image credits: Instagram @nickthomm</em></p>

Art

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The new enclosure: how land commissions can lead the fight against urban land-grabs

<p>When Boris Johnson sold the 35-acre <a href="https://www.ft.com/content/f7b5599c-c7b0-11e2-9c52-00144feab7de">Royal Albert Docks in London</a> to Chinese buyers in 2013, it was his biggest commercial property deal as mayor of London and one of China’s largest investments in the UK. The Greater London Authority sold off further parcels of land in the area in a bid to regenerate the Royal Docks, which had fallen into disrepair with the decline of the docklands from the 1960s.</p> <p>Over the past few decades, huge transfers of land from public to private ownership have occurred throughout Britain. Since Margaret Thatcher was elected prime minister in 1979, <a href="https://www.versobooks.com/books/3050-the-new-enclosure">one-tenth</a> of the entire British landmass, or about half of the land owned by all public bodies, has been privatised. This has included, for instance, dozens of <a href="https://www.forces.net/services/tri-service/more-50-bases-go-mod-estate-sell">former military bases</a> on Ministry of Defence land.</p> <p>In our cities, one result of this land privatisation has been the long-term shift from public to private housing tenure: social rented housing <a href="https://www.tandfonline.com/doi/abs/10.1080/13604813.2012.709403">declined</a> from 31% of Britain’s total housing stock in 1981 to just 18% in 2012.</p> <p>As what was effectively our <a href="https://theconversation.com/urban-commons-are-under-siege-in-the-age-of-austerity-heres-how-to-protect-them-121067">common wealth</a> is sold off, local authorities are losing the capacity to address the interconnected housing and climate change <a href="https://www.tcpa.org.uk/blog/blog-the-need-for-better-environmental-standards-in-homes-old-and-new">crises</a>. From London to Leeds, this transformation of land has <a href="https://www.sciencedirect.com/science/article/abs/pii/S0264275115300299">impeded democratic involvement</a> in urban planning. It has <a href="https://www.tandfonline.com/doi/full/10.1080/13604813.2012.709403?needAccess=true">displaced</a> working-class communities. And it has <a href="https://www.tandfonline.com/doi/full/10.1080/13604813.2012.754190">heightened</a> social inequalities.</p> <p>In a bid to make Liverpool the fairest and most socially inclusive city region in the UK, the mayor, Steve Rotherham, launched England’s first land commission in September 2020. The commission’s findings chime with <a href="http://www.gmhousingaction.com/who-owns-the-city/">our research</a>. It argues for a fundamentally new understanding of what land is.</p> <p><img src="https://images.theconversation.com/files/433148/original/file-20211122-17-1h5hnoj.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt="Panoramic view of London from Highgate Hampstead Park" /> <span class="caption">Even many of our so-called urban commons don’t belong to the people at all.</span> <span class="attribution"><a href="https://www.shutterstock.com/image-photo/panoramic-view-london-highgate-hampstead-park-632934269" class="source">pabmap | Shutterstock</a></span></p> <h2>What is a land commission?</h2> <p>Liverpool was the first metropolitan area in England to establish a participatory land commission. The participants were from the public, private and voluntary sectors as well as from academia. They were <a href="https://www.liverpoolcityregion-ca.gov.uk/steve-rotheram-launches-englands-first-land-commission-focused-on-community-wealth-building/">tasked</a> with a radical year-long mission: to figure out how to make the best use of publicly owned land in the city region.</p> <p>The idea is to build what economists call <a href="https://cles.org.uk/community-wealth-building/what-is-community-wealth-building/">community wealth</a>. In response, the commission released its <a href="https://cles.org.uk/publications/our-land/">final report</a> in June 2021, in concert with the Manchester-based <a href="https://cles.org.uk/">Centre for Local Economic Strategies</a>.</p> <p>Public authorities in recent decades have largely looked at urban land through a narrow economic growth lens. This has focused on <a href="https://www.manchestereveningnews.co.uk/news/greater-manchester-news/man-city-champions-league-final-20494480">attracting investment</a> at the expense of wider community needs – social housing, say, or public green space.</p> <p>By contrast, the commission recognises that land plays an important function in <a href="https://landforthemany.uk/">addressing</a> social and environmental, as well as economic, needs. This challenges the processes of privatisation, commodification and wealth extraction that have characterised urban development since the 1980s, and which political economist Brett Christophers has described as the <a href="https://www.versobooks.com/books/3050-the-new-enclosure">“new enclosure”</a>. Similar processes can be seen in <a href="https://www.sciencedirect.com/science/article/pii/S0305750X16305484">other countries</a> around the world too.</p> <p><a href="https://www.thelandmagazine.org.uk/articles/enclosure-grand-scale">Karl Marx</a> and <a href="https://www.dukeupress.edu/the-invention-of-capitalism">others</a> drew a direct connection between the <a href="https://www.pmpress.org/index.php?l=product_detail&amp;p=568">enclosure of the commons</a>, which took place during the 16th-19th century in England, and the concentration of wealth in the hands of the elite. If enclosure led to the dispossession of the rural peasantry, that storing up of wealth by the privileged few, in turn, led to the rise of capitalism in western Europe.</p> <p>As historical <a href="https://www.ucpress.edu/book/9780520260009/the-magna-carta-manifesto">research</a> shows, the very notion of the commons is revolutionary. It defines land as collective wealth that belongs to everyone. This stands in stark contrast to the capitalist model of private property.</p> <p>It is this idea that motivated the 17th-century reformer, <a href="https://www.culturematters.org.uk/index.php/culture/theory/item/2978-a-common-treasury-for-all-gerrard-winstanley-and-the-diggers">Gerard Winstanley</a>, along with a group of men and women who became known as the Diggers, to create a social order based on common ownership of the land.</p> <p>This historical tradition animates the Liverpool land commission’s vision of how urban land can be managed for the benefit of the many rather than the few. The report explicitly situates the commission’s work within that long history of enclosure and resistance, quoting a <a href="http://jacklynch.net/Texts/winstanley.html">1649 pamphlet</a> from Winstanley: “The earth was not made for you, to be Lords of it, and we to be your Slaves, Servants and Beggars; but it was made to be a common Livelihood to call, without respect of persons.”</p> <p><a href="https://images.theconversation.com/files/433146/original/file-20211122-25-nausrs.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/433146/original/file-20211122-25-nausrs.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt="Overhead view of the Three Graces and the Liverpool waterfront" /></a> <span class="caption">Urban land is increasingly seen as an economic asset, at the expense of its social functions.</span> <span class="attribution"><a href="https://unsplash.com/photos/lrG9KIuxQzo" class="source">Phil Kiel | Unsplash</a>, <a href="http://artlibre.org/licence/lal/en" class="license">FAL</a></span></p> <h2>Practical steps</h2> <p>The commission’s report includes a series of practical recommendations to reclaim the social function of urban land. These include establishing a citizen-led body for governing public land. It recommends making public land available to community organisations for socially valuable projects such as cooperatives, green spaces and social enterprises. And it suggests establishing an online map of public land resources, including empty land, that is currently held by councils.</p> <p>Further, it recommends capturing rising land values (future profits derived from the development of currently underused land) to fund reparations for Liverpool’s historic role in the transatlantic slave trade. And it suggests using public land to install the green infrastructure needed to combat climate change.</p> <p>If adopted, these recommendations will mark a rupture from the Thatcherite approach to <a href="https://theconversation.com/ending-austerity-stop-councils-selling-off-public-assets-113858">selling off public assets</a> that has dominated since the 1980s. As such, the commission demonstrates how decisions about urban land use can be undertaken in a democratic, participatory and transparent manner.</p> <p><a href="http://www.gmhousingaction.com/who-owns-the-city/">Our research</a> on public land privatisation in the neighbouring city of Manchester suggests that the land commission approach needs to be expanded to other UK cities. We raised a number of concerns about public land sales by Manchester City Council, including the lack of transparency around deals and the fact that large amounts of public land have been sold to private developers to build <a href="http://www.gmhousingaction.com/report_launched_on_housing_finance_gm/">city centre apartment blocks</a> that contain no social or affordable housing.</p> <p>In response to this research, over 60 civil society organisations <a href="http://www.gmhousingaction.com/gm-land-commission-letter/">signed an open letter</a> calling for the mayor of Greater Manchester, Andy Burnham, to stick to his <a href="https://andyformayor.co.uk/wp-content/uploads/2021/04/Andy-Burnham-Manisfesto-v2.1-002.pdf">manifesto</a> commitment to establish a Greater Manchester land commission.</p> <p>The UK government’s “<a href="https://www.bbc.co.uk/news/56238260">levelling-up</a>” programme has brought regional inequality and postindustrial urban decline to the fore once again. But addressing these longstanding issues will require a fundamental rethink about what land is for and the purpose it serves in today’s society. The Liverpool land commission has opened the door to the future. Which cities will follow?<!-- Below is The Conversation's page counter tag. Please DO NOT REMOVE. --><img style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important; text-shadow: none !important;" src="https://counter.theconversation.com/content/167817/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" /><!-- End of code. If you don't see any code above, please get new code from the Advanced tab after you click the republish button. The page counter does not collect any personal data. More info: https://theconversation.com/republishing-guidelines --></p> <p><span><a href="https://theconversation.com/profiles/jonathan-silver-534810">Jonathan Silver</a>, Senior Research Fellow, <em><a href="https://theconversation.com/institutions/university-of-sheffield-1147">University of Sheffield</a></em> and <a href="https://theconversation.com/profiles/tom-gillespie-1253447">Tom Gillespie</a>, Hallsworth Research Fellow, <em><a href="https://theconversation.com/institutions/university-of-manchester-1204">University of Manchester</a></em></span></p> <p>This article is republished from <a href="https://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/the-new-enclosure-how-land-commissions-can-lead-the-fight-against-urban-land-grabs-167817">original article</a>.</p> <p><em>Image: Songquan Deng | Shutterstock</em></p>

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Lower commissions would slash insurance cost, report says

<p>Life insurance is $100 million a year more expensive than it needs to be, because of commissions paid to independent insurance advisers, a divisive new report claims.</p> <p>The report, by actuarial firm Melville Jessup Weaver (MJW), was commissioned by the Financial Services Council.</p> <p>It says analysis shows high upfront commissions paid to advisers when they sell a new policy are driving them to replace policies more frequently than they should.</p> <p>In some cases, advisers earn a one-off fee of up to 200 per cent of the annual premiums their clients pay when they place new business.</p> <p>The report says about 10 per cent of banks' policies are replacement policies but up to half of advisers' sales are.</p> <p>The report claims inappropriate policy replacement activity adds up to 15 per cent a year in industry costs every year.</p> <p>"This equates to over $100 million every year in excess cost to customers and to the economy of New Zealand."</p> <p>The issue of commission is already in the spotlight because the Financial Advisers Act, which governs the sector, is up for review.</p> <p>One of the authors of the MJW report, David Chamberlain, said New Zealand was an outlier in international terms when it came to adviser commissions.</p> <p>"Advisers are looking for every reason to move customer from one insurer to another. We don't know what's good or bad in many cases, it can be very hard to determine.</p> <p>"We are trying to deal with the underlying cause, which we think is the high initial commissions. If we take out the underlying incentive it should slow the rate of replacement business,  that should reduce costs to the industry and should benefit consumers and ultimately advisers because it would be a stronger industry."</p> <p>The report recommends that advisers' commission be restricted to 50 per cent of annual premiums upfront, and then 20 per cent a year on an ongoing basis.</p> <p>That is up from about 7.5 per cent a year at present.</p> <p>No commission would be allowed on policies replaced within seven years, unless there was an increase in premiums.</p> <p>It wants advisers to disclose their actual commission to clients and tell them what their premiums would be without it.</p> <p>"A high upfront commission paid on a successful sale incentivises a consultant to firstly make a sale, and to sell as much as they can.</p> <p>"So we can end up with inappropriate sales and inappropriate levels of cover (too high). A manifestation of this conflict of interest is that personal risk insurance cover is more expensive than it needs to be and can be compromised by inappropriate policy replacement," the report says.</p> <p>The report has proved divisive among the insurance sector. AIA, Asteron Life and Partners Life have tendered their resignations from the FSC over the report.</p> <p>Partners Life managing director Naomi Ballantyne said there was no supporting evidence for the data it used. "They've guessed."</p> <p>She said if advisers were replacing policies with something better, that should be encouraged. "</p> <p>[Advisers] should be actively reviewing clients' policies and making sure they stay relevant. Even if it is 50 per cent [of business that is replacement] if it's in the clients' interests, what is the problem with that?"</p> <p>Ballantyne said advisers could not operate independently on the commission structure suggested.</p> <p>"I would have to step in and pick up some of the marketing costs. And if I've got that fixed cost I am going to want to know where the business is being placed, so what it does is it influences their ability to be independent."</p> <p>Rod Severn, chief executive of the Professional Advisers Association, said he agreed disclosure should be simplified and there was a need for an industry-wide policy around replacement business.</p> <p>But he said advisers were being unfairly targeted.</p> <p>"The industry functions as a whole - therefore singling out one channel does not accurately represent the role and obligations of all parties in evolving the industry in the interest of consumers.</p> <p>"The whole industry must work together – providers and advisers - to clearly define issues and promote change in the interests of consumers. How consumers access advice and who pays for that advice is not a new subject, and one that is high on the agenda for the advice industry," he said.</p> <p>"The formula for the current remuneration model needs to provide more clarity for consumers. But reducing remuneration by up to 75 per cent would decimate the industry and is not a sustainable model and would underpin the chronic underinsurance already present in New Zealand."</p> <p>FSC chief executive Peter Neilson said the report would inform some of the debate around the Financial Advisers Act review, without being a formal submission from his organisation.</p> <p><em>Written by Susan Edmunds. First appeared on <span style="text-decoration: underline;"><a href="http://www.stuff.co.nz/" target="_blank">Stuff.co.nz.</a></span></em></p> <p><strong>Related links:</strong></p> <p><span style="text-decoration: underline;"><strong><em><a href="http://www.oversixty.co.nz/finance/insurance/2016/01/unnecessary-types-of-insurance/">The types of insurance that aren’t worth your while</a></em></strong></span></p> <p><span style="text-decoration: underline;"><strong><em><a href="http://www.oversixty.co.nz/finance/insurance/2015/12/factors-affecting-your-life-insurance-premium/">What factors are affecting my life insurance premium?</a></em></strong></span></p> <p><span style="text-decoration: underline;"><strong><em><a href="http://www.oversixty.co.nz/finance/insurance/2016/01/insuring-your-home-for-a-natural-disaster/">Insuring your home for a natural disaster</a></em></strong></span></p>

Insurance