Research finds bigger is not always better in apartment growth

first_imgInner Brisbane apartment sales — 10 years to Sept 2017. Source: Place Advisory Brisbane high-rise apartment sales had the lowest long-term growth over 10 years.NEW apartment sales in inner Brisbane have dropped to 57 per cent below 2014’s peak levels, with latest research finding it’s the little guys who are winning the performance stakes.New analysis of high, mid and low-rise apartments in inner Brisbane found that stricter lending conditions and a shift in buyer trends had hit the biggest developments hardest.And although the high-rise median was much more than the other categories, it was also the worst performer over the past 10 years.The Place Advisory report found high-rise units had the highest median price and “the lowest rate of growth over the last 10 years, recorded at an average rate of 0.9 per cent per annum”.That compares unfavourably with mid-rise’s average annual median price growth of 1.5 per cent and low-rise’s 3.2 per cent.More from newsParks and wildlife the new lust-haves post coronavirus23 hours agoNoosa’s best beachfront penthouse is about to hit the market23 hours agoGreen is low-rise, orange is mid-rise and blue is high-rise. Source: Place AdvisoryThe report said “sales volumes in the most recent September 2017 six month period are 57 per cent less than at the peak (September 2014). During this most recent period, high-rise apartments recorded 655 sales. Mid-rise apartments recorded 393 sales while, low-rise apartments recorded 831 sales.”“Low-rise apartments have recently become the second most expensive apartment type, due to an increased appeal with local purchasers seeking property in smaller community orientated buildings,” the report said.“Apartments in this category have also proven to be the best performers over the last 10 years, while sales volumes are the most consistent.”It found mid-rise apartments had “begun to fall behind in recent periods”, though they saw the second best growth over the past decade.The report blamed “bad press and plenty of supply” for declines in the high-rise apartment market. last_img read more

Sweden’s pensions group agrees gender equality plan

first_imgA Swedish parliamentary group is seeking to address the huge difference between the pension men and women receive in retirement.The group — Pensionsgruppen — has published an action plan to equalise pensions between men and women, including the introduction of a simplified application process for the transfer of premium pension rights between spouses and registered partners.Annika Strandhäll, Sweden’s minister for social insurance, said: “We know that many pensioners have a hard time and 80% of those with a guaranteed pension are women.”The guaranteed pension is part of the Swedish state pension and provides basic protection for those who had little or no earnings during their working lives. Strandhäll said an important part of the ongoing work was therefore to see  — as a matter of urgency — how the basic protection of the pension system could be strengthened.“There has been no comprehensive review of the basic protection offered in the pension system since the system was introduced almost 20 years ago, and it is high time that one was undertaken,” she said.The group said that pensions reflected income earned during a working life, and although Sweden was a relatively equal country, the lifetime earnings gap between the sexes meant that womens’ pensions were on average 30% lower than those of men.This was the prompt for the working group on pensions — which consists of representatives from six political parties — to tackle the issue of gender equality, the group said.Back in June, the group presented a big compilation of knowledge in the field, and the action plan was a continuation of that work, it said.As well as calling for a simplification of the transfer process for premium pension rights between partners, the group’s action plan also calls for a review of the basic protection in the pension system.“Because the pension is affected by global factors around it, the group will continue by monitoring developments in society such as the development of part-time employment for women and men, labour-market equality, the design of parental insurance, and occupational pensions,” it said.last_img read more

Norway SWF should be spun off from central bank, commission says

first_imgThe GPFG has doubled in size in the past five years as a result of the country’s revenue from its petroleum activities and investment returns. At the end of 2012 it had NOK3.8trn under management.Gjedrem said the two activities – central banking and investment management – differed in nature, and the scope of the tasks involved was substantial. “With two separate entities, the professional competence and the governing bodies can more easily be tailored to the task at hand,” he said.In the report it has presented to the ministry, the commission proposed that NBIM be set up as a separate statutory entity along the lines of the Folketrygdfondet, the manager of the GPFG’s smaller counterpart, the Government Pension Fund Norway (GPFN), which invests only in the Nordic region.The new entity should have a government-appointed board, the commission said. The Ministry of Finance would continue to define the fund’s investment mandate, and parliament would still approve important changes to that mandate.Gjedrem emphasised that the proposed separation had to be carried out “in a sound manner and must not in any other respect affect the framework for the fund”.Fund split ruled outThe commission cautioned against dividing GPFG into several entities, arguing this would entail extra costs and management challenges.The ministry said: “It is not meaningful in this case to create competition between government-controlled investment entities.”In neighbouring Sweden, the separation of the country’s national pensions buffer capital into several funds – the AP funds – has often been a matter of public debate.“The commission would also caution against using the fund as an instrument of foreign policy, business policy, regional policy, or environmental policy,” the ministry added.The commission also warned against the fund becoming “a government budget number two” for purposes not prioritised in the annual budget process.In order to safeguard the fund’s role in overall economic policy, however, the commission proposed that the fund’s goal was defined in the Government Pension Fund Act in a way that emphasised its function as a source of financing of the welfare state across generations. “The requirement of the highest possible return at an acceptable and carefully weighed risk level is thus of particular importance,” the commission said.The GPFG had to be a responsible investor, and its current practice of investing abroad should be established by law, it added. Gjedrem said: “This would reflect the fund’s role as a pillar for financing the welfare state and its role as a savings fund for the nation.”The GPFG is the third-largest institutional investor in the world, according to IPE’s Top 1000 Pension Funds report for 2016. Norway’s NOK8.1trn (€855bn) oil fund should be managed separately from the country’s central bank now that it has grown so big, a government commission has proposed.The Ministry of Finance announced last week that a commission set up to review Norges Bank and the Norwegian monetary system had recommended that the oil fund be managed by a separate statutory entity.Currently the Government Pension Fund Global (GPFG) – Europe’s largest sovereign wealth fund – is managed by Norges Bank Investment Management (NBIM), which is part of Norges Bank.Svein Gjedrem, chair of the commission, said: “Both central banking and investment management place greater demands on the board, senior management, and the organisation than earlier.”last_img read more

La Liga: Vaccine essential before fans return to grounds – Mediapro boss

first_imgIt’s brutally disappointing to hear it out loud, but there doesn’t seem to be any way around it. We heard yesterday that Real Madrid are planning to play their matches at the training ground whenever the season restarts, as they already consider it unlikely fans will be allowed into the Bernabeu anyway.Read Also: UEFA endorse Spanish FA proposal for European spots Loading… As Roures went on to say, there’s always a chance that a vaccine comes from nowhere in the Autumn to save the day. But the words of every scientist on Earth at the moment seem to be warning that that is extremely improbable. FacebookTwitterWhatsAppEmail分享 Promoted ContentThe Highest Paid Football Players In The WorldWhich Country Is The Most Romantic In The World?10 Irresistibly Cute Albino Animals That Will Make You DayWorld’s Most Delicious Foods7 Ways To Understand Your Girlfriend Better8 Scenes That Prove TV Has Gone Too FarYou’ve Only Seen Such Colorful Hairdos In A Handful Of AnimeAwesome But Ridiculously Expensive Things Bought By Keanu Reeves5 Of The World’s Most Unique Theme Parks8 Best 1980s High Tech GadgetsThis Guy Photoshopped Himself Into Celeb Pics And It’s HystericalBest & Worst Celebrity Endorsed Games Ever Madecenter_img The future of every league in Europe is uncertain at the moment. Because of the ongoing coronavirus pandemic, nobody is sure when games can restart, if seasons can be continued, and where they can be played. Vaccine essential before fans return to LaLiga grounds says Mediapro boss Every country and league will have to make its own decisions, but Spain’s main LaLiga broadcaster MediaPro are certain about one of those questionsAdvertisement “It’ll be at least a year before there is a vaccine, and we can’t put anyone in danger before then… we won’t be starting 2021 with fans in stadiums,” said MediaPro head Jaume Roures in quotes picked up by EuroSport.last_img read more

Late Runs Pull Sumner Ahead of Ellsworth

first_img Bio admin Shortstop Maggie Harding of the Ellsworth Eagles stretches to tag Jessica DeLosa of the Sumner Tigers at second base during Sumner’s 6-4 softball win on Friday.—MIKE OLESSULLIVAN — Angela Leach drove in the winning runs with a two-run single in the bottom of the sixth inning as the Tigers downed Ellsworth 6-4.Both teams got on the board in the first inning, Ellsworth with three runs and Sumner with two.The Eagles managed just one more run off Sumner’s Lona Sargent, who went the distance in the pitcher’s circle, allowing just five hits.Sargent had a two-run homer and Ashley Pennartz had an RBI single for the Tigers.This is placeholder textThis is placeholder textLily Cooper singled twice, Ashley Smith doubled and Kayla Blanchard and Shaye Domagala had RBI singles for the Eagles.Smith pitched a complete game for Ellsworth, scattering six hits. For more sports stories, pick up a copy of The Ellsworth American. State budget vs. job creation – January 22, 2015 Latest posts by admin (see all)center_img Hancock County Court News Nov. 3 thorugh Dec. 11 – January 22, 2015 House fire in Winter Harbor – October 27, 2014 Latest Postslast_img read more

Curran ruled out of India series

first_imgLondon, July 3: England bowling all-rounder Tom Curran was on Tuesday ruled out of the limited-overs series against India with a left side strain. Tom was expected to be fit after Tuesday’s opening T20 International at Old Trafford but having ascertained the severity of the injury, he will now miss the rest of the white-ball summer. Batsman Dawid Malan has already been called into the T20I squad as cover while Tom’s younger brother Sam will replace him for the subsequent three One-day Internationals against the men-in-blue.Tom has returned to The Oval where his rehabilitation will be supervised by both the Surrey and England medical teams. The young quick joins Chris Woakes and Ben Stokes on the sidelines, though Stokes is expected to play for Durham as a specialist batsman on Thursday. If he comes through that unscathed, he will join the England squad with a view to being considered for selection for the final T20I against India on Sunday. IANSlast_img read more

Tennis News Bob And Mike Bryan, Legendary Doubles Champions, To Retire At End Of 2020 Season

first_img For all the Latest Sports News News, Tennis News News, Download News Nation Android and iOS Mobile Apps. Los Angeles: US men’s doubles duo Bob Bryan and Mike Bryan said they will retire at the end of the 2020 season, bringing the curtain down on one of the most successful pairings in tennis history. The 41-year-old twins said in a statement they planned to hang up their racquets after taking part in next year’s US Open, where they made their Grand Slam championship debut in 1995. Since that first Slam appearance, the Bryans have racked up a record 118 trophies including 16 Grand Slam doubles titles. They also won Olympic gold at the 2012 London Games. Bob Bryan said the duo had opted to end their 2019 season after the US Open in order to remain fresh for next year.”We decided that it would be best to rest our minds and strengthen our bodies in preparation for 2020 which will be our final season on the ATP Tour,” Bob Bryan said in a statement. “It has truly been a magical ride,” he added. “However, we want to end this great ride while we’re healthy and we can still compete for titles.” At their peak, the Bryans were a formidable doubles duo, rising to No.1 in the rankings for the first time in 2003.They spent a total of 438 weeks at the top of the rankings and ended 10 seasons as the No. 1 team. On October 28, 2016, they recorded their all-time record 1000th match win, as a team, by defeating Pablo Cuevas and Viktor Troicki in the quarter finals of the 2016 Erste Bank Open, in Vienna, Austria. Following their triumph at the 2013 Wimbledon Championships, the Bryans became the only doubles pairing in the Open Era to hold all four major titles at once. However, they did not achieve it one single season. They also won an Olympic gold and are also the only doubles team in history to have won every major title, having won all four Grand Slams, Olympic Gold, every (12 versions of the nine tournaments) ATP World Tour Masters 1000 title, the ATP World Tour Finals and the Davis Cup during their careers.Also Read | Rafael Nadal Wins After Being Match Point Down, Stefanos Tsitsipas Enters ATP Finals SemisThe two have won a record 118 tour titles, surpassing The Woodies (Todd Woodbridge and Mark Woodforde) who won 61, and have been finalists on 59 other occasions. They have a career Super Slam and 16 Grand Slam titles overall, which is more than any men’s team in the Open Era. These include victories at the Australian Open (2006, 2007, 2009, 2010, 2011 and 2013), the French Open (2003, 2013), Wimbledon (2006, 2011, 2013), and the US Open (2005, 2008, 2010, 2012 and 2014). They are the only doubles pairing in history to have completed the “Double Career Grand Slam”, having won all four Grand Slam titles at least twice as a team. They won the ATP World Tour Finals doubles tournament four times (2003, 2004, 2009 and 2014).last_img read more

Arsenal, Tottenham Divide London Fans

first_imgArsenal will host Tottenham Hotspurs this afternoon at the Emirate Stadium in one of the most competitive derby in English football. For both teams, it is more than three points that is at stake as bragging rights is cherished by their fans. The Lilly White would want to continue the scintillating form so far this season while the Gunners would be craving to recover from the 3-1 loss to league leaders-Manchester City before the international break. The neutrals are in for a match to be enjoyedThe 184th North London Derby is soon upon us, and both Arsenal and Spurs will want to leave a mark on the other as they go head to head today. A win is a must for either side and yet neither may emerge victorious.Recent trends have seen four draws in six games between the London clubs, and two victories for Spurs. However, Arsenal will look to set the record straight after finishing below Tottenham for the first time in 20 years last season.The Gunners side barely look shaken by that fact and it simply is because they aren’t. Petr Cech’s recent interview stating that “Spurs have been there in the last few years so now I think they have to make sure they win something to show the progression“, shows his position on the supposed ‘change of guard’.And it is banter like this that kicks off the week before any North London Derby. Years of dislike have made both sides capable enough to dish it out when needed. Sadly for Arsenal, the dishing out has not been happening much on the pitch recently.A decent draw against Chelsea was followed by dire first half vs Manchester City. The Gunners’ ‘Big 6’ record has been erratic of late and they need to make sure that the fans are not demoralized after today.This is best occasion to keep the unbeaten home run going and give the fans a passionate showing against Spurs.Of course, a passionate showing might not be as easy as it sounds given the presence of Mike Dean at the Emirates.Arsene Wenger’s comments last week about the referee at the Etihad have clearly not gone well with the FA. The appointment of the single most hated official for the Gunners surely is one way of punishing the manager.Meanwhile, Wenger has dismissed the idea that Arsenal are underdogs for today’s north London derby against Tottenham.The Gunners finished behind their huge rivals last season for the first time since Wenger took charge in 1996 and are four points adrift of third-placed Spurs already this term.But Wenger denied the tide had turned to the extent that he considered his side the underdogs for the eagerly-awaited derby at the Emirates.“Not at all. I think Tottenham is a good side but we have the quality to win this game and that is what we want to show,” said the Arsenal manager.Wenger has a superb record in the north London derby and agreed that it is a fixture he always looks forward to.“There is always pride involved, a desire to beat your opponent,” he said.“You need to have full commitment, but as well be lucid enough and calm enough to focus on the game. It is one of the fixtures of course that is very important for us and that you want to win. Basically as well, in the table, we have to make some ground up with the top teams.“At home we have been very strong and our home strength will certainly be vital to decide where we finish at the end of the season.”Wenger said defender Shkodran Mustafi and forward Danny Welbeck will have fitness tests ahead of Saturday’s game.But French striker Olivier Giroud is unlikely to be available after picking up a thigh strain while on international duty.Meanwhile, Manchester United take on Newcastle at Old Trafford this evening hoping to get their title charge back on track.United sit second in the table, but are eight points behind the leaders Man City after losing to Chelsea 1-0 before the international break. Newcastle meanwhile are in 11th place, nine points off United.Jose Mourinho’s injury worries are beginning to thin out, but there are still various big stars unavailable. Phil Jones is the latest to suffer a knock and is a doubt, while the game will probably come too soon for Paul Pogba to return in time for. Carrick, Ibrahimovic and Rojo remain unavailable.Newcastle could be without Jamaal Lascelles, who has sustained an ankle injury, and will almost certainly be without Atsu, Dummett and Merino.Manchester United have won 22 and lost just one of their last 32 league games against Newcastle United at Old Trafford. Newcastle have lost 84 matches in all competitions against the Red Devils, more than versus any other side in their history.However, Jose Mourinho’s side have lost two of their last three games in the Premier League, as many as in the previous 37 combined. But at Old Trafford, Man Utd are unbeaten in 22 Premier League games, winning the last six in a row without conceding.Benitez has won four of his 13 previous Premier League matches against Man Utd as manager – only Arsene Wenger, Gerard Houllier and Jose Mourinho have won more against the Red Devils in the PL.Romelu Lukaku has been directly involved in nine goals in eight Premier League appearances against Newcastle United (five goals, four assists).Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

Syracuse football recruiting: Georgia cornerback Monquavion Brinson becomes 13th member of Class of 2016

first_imgClass of 2016 Mays (Georgia) High School cornerback Monquavion Brinson has verbally committed to Syracuse, he announced via Twitter on Monday night. Mike McAllister of Scout.com reported the news before the announcement. Published on July 27, 2015 at 9:48 pm Contact Paul: pmschwed@syr.edu | @pschweds Facebook Twitter Google+center_img Brinson is rated with three stars and as the 57th corner in the country by 247Sports.com’s composite rankings and is listed at 5 feet 11 inches and 167 pounds. He had offers from Mississippi State, Louisville, Indiana, Kentucky and 11 other schools, according to 247Sports.Brinson is the third member of the class from Georgia, joining Will Harper and Darius Stubbs. He’s also the second cornerback in the class behind Stubbs according to Scout, though Syracuse.com has reported Stubbs will play the hybrid position.AdvertisementThis is placeholder textThe Orange currently has six corners on its rosters including two seniors. Junior Wayne Morgan, sophomore Corey Winfield, redshirt freshman Juwan Dowels and redshirt freshman Cordell Hudson will have overlapping eligibility with Brinson. Commentslast_img read more

Softball looks to keep streak alive against PSU

first_imgJennifer Krueger has 16 runs off 28 hits for UW and boasts a school record 19-game hit streak, which she looks to keep alive at PSU.[/media-credit]When a new coach is brought in to turn around a program, most people can only expect gradual changes in the first year of new leadership.Head coach Yvette Healy and her staff are not only rapidly changing the Wisconsin softball program, but they are also winning at a rapid pace. With the Badgers winning their last nine of 11 games while matching a school record of eight wins in a row, Healy’s philosophy of toughness has already begun to pay dividends as the Badgers enter league play.When Wisconsin (15-9) heads to Penn State (13-11) this weekend, that mindset will once again be tested.“It’s fun so far, the girls are having a good time, they’re playing hard and buying into the philosophy,” Healy said. “We’ve got some really hard games ahead of us, but these wins give us good momentum.”So far, it’s been easy for UW’s players to buy in to Healy’s system.“The coaches are amazing; we’re all so happy with this big turnaround,” junior Karla Powell said. “They know when to have fun, when to be serious and they’re always willing to help you individually. Everything has been so positive throughout this season.”While the Badgers have flourished under the new coaching, they are receiving terrific contributions from their starting pitching staff. The Badgers are receiving consistently solid outings from sophomore Meghan McIntosh, who after getting off to a 2-6 start has bounced back to a 3-1 record in her last four decisions. But perhaps the biggest surprise for the Badgers has been freshman pitcher Cassandra Darrah. Darrah has rarely missed a beat in her inaugural campaign, turning out a 10-1 record and a 1.79 ERA.“That’s unbelievable as a freshman; we had high expectations but she’s surpassed them,” Healy said. “She’s very athletic but raw, and our pitching coach has done a phenomenal job with her. She has a terrific feel for the game, and she will continue to have a great season.”“That’s extremely important to have two great pitchers,” senior outfielder Jennifer Krueger said. “To know that we can go to either one of them and shut down every team they face gives the defense a lot of confidence. As hitters, we know if we score a few runs we have a great chance to win.”While the Badgers have found success on the mound, they are facing a team this weekend that boasts two of the most dominating pitchers in the Big Ten.This weekend, the Badgers will not only be the first opposing team to play at the Nittany Lions’ new softball facility, but they will also face the shutdown duo of the Nittany Lions Lisa Akamine and Jackie Hill.While Akamine posts a 5-5 record and Hill maintains an 8-6 record, both pitchers have ERAs fewer than two runs per game (Akamine 1.27, Hill 1.6).“We’re going to have to get creative offensively to see how we can score some runs,” Healy said. “We know going into their place with their new stadium they will be excited, so we’re going to have to pull out some new tricks and see if we can create some offense.”The Penn State pitchers will have to face a balanced Badger offense currently boasting four players hitting over .300. Krueger and Powell have led the Badger offensive success this season, with Krueger leading the team with a .389 average (backed by a school record 19-game hit streak) and Powell in RBIs with 15 and home runs with five.Facing a Penn State team with a .968 fielding percentage and two dominant pitchers, Wisconsin will have a tough test on the road.“My strategy lately has been swinging early and staying within my own approach,” Powell said. “I’m not really worrying about what they pitch as much as myself staying consistent.”Krueger emphasized the same approach of Wisconsin focusing on itself more then Penn State.“I just do the same thing every time by putting the ball in play,” Krueger said. “If I focus on getting on base and creating havoc for the defense, I should be fine. Their pitchers are great, but we’ll make adjustments according to what they’re throwing after the first time through the lineup.”The Badgers’ pitchers have a favorable matchup with the Nittany Lions’ offense, whose combined team batting average is a measly .221. The Badgers are optimistic about their chances but aren’t looking past the Lions.“I think you’ve got to be ready for everybody to put the ball in play,” Healy said. “They do a nice job of bunting and advancing runners, so we need to be ready for anything. From a team standpoint, they’re a team that’s won a lot of games against us. We need to go into the game feeling loose; we’re going in as an underdog, but hopefully we can surprise everyone.”While seven of the Nittany Lions’ 11 losses have been decided by three runs or less, the Badgers will remain cognizant of the importance of maintaining consistency.“We’re going to stay within ourselves and stay scrappy,” Powell said. “We want teams to know we’re never going to fall over. We’ll always come back and fight. We’ve faced top teams throughout the year; we know we can play with anybody.”last_img read more