169 Empress Terrace Bardon Qld 4065More from newsMould, age, not enough to stop 17 bidders fighting for this home3 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor9 hours agoIn the first hour of it going online, his office was already fielding queries, he said, though potential buyers have almost four weeks to get their finances in order. The home was not set to go to auction until 6.30pm on Thursday February 23Zoned CR1 or character residential, the property was ripe for someone looking for space to build a new home just minutes from the city. 169 Empress Terrace Bardon Qld 4065AN inner city renovator on the market for the first time has generated a buzz as it can also be set for demolition.Ray White Paddington agent Mathew Abboud was marketing 169 Empress Terrace, Bardon, as a post-war property that could be set to “renovate or detonation”. 169 Empress Terrace Bardon Qld 4065 169 Empress Terrace Bardon Qld 4065“What I find is at the entry level market, people are happy to add value via renovation. It suits entry level buyers who want to get into the inner city, it suits a builder, or investor because it is rentable, it could even be good for mum and dad trying to help their child get into the market.”The current home, which is part of a deceased estate, sits on an elevated 465sq m block, and currently has two bedrooms, one bath and one car space. 169 Empress Terrace Bardon Qld 4065“Most of the land around there is 400 to 500sq m,” Mr Abboud said, “though you do pick up some gems above that. This one is on the higher end of that average, close to everything, close to Paddington’s cafes and inner city lifestyle.”With current decor circa 50s to 60s, the home could also appeal to a buyer looking for a rentable property.
Niall O’Leary, head of portfolio solutions at SSgA, said investors continued to be overweight and were looking over their shoulders for the market correction.“[Investors are] uncomfortable with their position but cannot find an alternative,” he said.“The majority expect a drawdown, so they are overweight, they are adding and they are nervous.“The pressure to meeting funding standards and investment objectives, and the lack of opportunities elsewhere, has created an unholy challenge.”However, 55% suggested equity markets continued to offer good value.The research, which canvassed 420 global institutional investors across 13 countries, showed that, despite expectations of a downturn in equity markets, 91% said their portfolios were able to weather a major market correction.Two-thirds thought diversification alone was enough to protect portfolios.Despite investors’ confidence in their own portfolios’ ability to withstand a correction, 45% of investors said other institutional investors were unprepared for volatility.Only 8% said recent market volatility had had a significant impact on their strategies and were looking to implement additional protections, as two-fifths said short-term volatility was the new norm and should be expected.Around 85% also implemented downside-protection strategies, with 53% choosing dynamic asset allocation – a percentage that rose to 63% when looking specifically at Europe.Investors were also looking at low-volatility and volatility-targeting strategies as downside protection.However, 54% of investors said the timing of downside strategies remained the biggest challenge to implementation due to concerns over losing too much upside from bull equity markets.“There is an expectation of downside strategies that you have a smoother journey but a lower long-term return, so the insurance you pay is never fully recouped on the upside of the market,” O’Leary said.He said investors also had concerns about the risk of downside strategies failing to perform and the cost of implementation.One-third of investors said they lacked sufficient knowledge to be comfortable with the strategies.“The risk of these downside strategies not fully working does exist and is more pronounced in some strategies over others, which is why investors haven’t just chosen one approach,” O’Leary said. Institutional investors are continuing to push into developed and emerging market equities due to funding pressure despite strong expectations of a market correction, research has shown.The data from State Street Global Advisors (SSgA) showed 63% of global institutional investors increased allocations to developed market equities despite 60% expecting a negative market correction of 10-20%.Some 44% said the market was overvalued with a correction overdue, but two-thirds said funding pressures were forcing increased allocations.More than 50% said they would like to reduce equity exposure if an alternative capable of producing a similar return were available, but funding requirements (53%) and pressure to meet objectives (58%) meant equities continued to be increased and used.
Germany’s BaFin has disagreed with the EU pension supervisor’s recommendation that it make more frequent on-site inspections of occupational pension providers to assess their compliance with the prudent person rule.The recommendation was one of 27 that the European Insurance and Occupational Pensions Authority (EIOPA) issued for national supervisors in 16 countries following a peer review of how national authorities ensured that IORPs invested their capital in the best interest of their members and beneficiaries.EIOPA said it would assess how the “national competent authorities” (NCAs) complied with the recommended actions and “continue its work to improve supervisory practices in this area at European level”.Twelve of the recommended actions were of “low” importance, nine of “medium” importance, and six of “high” importance, according to an EIOPA grading system. The recommendation addressed to BaFin about the length of its on-site inspection cycle was marked as of “high” importance.According to EIOPA, the frequency of on-site inspections related to the prudent person rule varied significantly from national supervisor to national supervisor, depending mainly on “the applicable legal framework, the pension landscape in a country and NCA resources”. BaFin’s offices in BonnHowever, the average was every three to six years and EIOPA considered that “a lack of or low frequency of on-site inspections constitutes a shortcoming in existing supervisory processes”.In Germany, BaFin conducted on-site inspections at least every seven to 12 years depending on an IORP’s “classification in the risk categorisation tool”. According to EIOPA, it should increase the cycle to conduct more inspections, again depending on the risk classification.BaFin availed itself of national authorities’ right to submit a written statement where they have “strong objections” to a recommended action or finding.In its statement, which was included in EIOPA’s report, the supervisor said it considered it appropriate to stick to its current audit cycle, as this was compensated by a range of “risk reduction mechanisms”.These included the existence of additional qualitative and quantitative rules about investment by Pensionsfonds and Pensionskassen, and a comprehensive reporting system – already in place for the latter and in the works for the former.BaFin also noted that Germany, “unlike most other EU member states”, had granted insurance claims absolute precedence over any other claim with respect to assets representing the technical provisions, rather than “just” granting them a special rank.The supervisor also emphasised that information gained from IORPs’ risk management and internal audit processes were “very important for the supervisors” and that the knowledge of IORP employees entrusted with these processes and tasks was “often the starting point for further auditing on the part of the supervisors”.Positives, too In addition to the recommended actions targeting supervisory shortcomings EIOPA identified six best practices currently being applied by five national authorities.These related to the use of thematic reviews, the use of risk scoring models, stress tests, the monitoring of costs, reporting, and financial education.The NCAs identified as implementing at least one identified best practice were the FSMA in Belgium, Covip in Italy, Luxembourg’s CSSF, the Dutch supervisor DNB, and the ASF in Portugal.EIOPA said it was of the view that “initiatives to include more qualitative elements in supervision” should be facilitated, as well as “combining qualitative and quantitative elements and to move from purely compliance-based towards a more risk-based and forward-looking approach”.The reference period of the peer review was 2014-2016 under the IORP Directive, but EIOPA said the analysis was valid following the introduction of the IORP II Directive as it did not substantially alter the prudent person rule. EIOPA’s report can be found here.
The pits and infield party pass area both open at 3 p.m. and the grandstand opens at 5 p.m. Hot laps are at 7 p.m. with racing to follow. A minimum of $100 will be paid to start that feature, with IMCA Speedway Motors Weekly Racing National and KMJ Performance State points to be awarded. OSKALOOSA, Iowa – The IMCA RaceSaver Sprint Car driver up to the challenge at the Aug. 10 Front Row Challenge will take home $2,000. Spectator admission is $30 for adults and $15 for kids ages 12 and under; infield passes are $25 for adults and $5 for kids. Country Builders Construction of Livermore, Calif., has matched the $1,000 paid by event sponsor Badger Steel USA to make the RaceSaver main event $2,000 to win next Monday at Southern Iowa Speedway in Oskaloosa. There is no entry or draw fee. Pit passes are $40. For more information or to order tickets, call 515 957-0020. The Front Row Challenge is promoted by FRC Enterprises LLC. IMCA RaceSaver Sprint Cars will run on the same program as Outlaw 410 Sprints and are the only division not required to have mufflers.
Tottenham defender Younes Kaboul will be available for Sunday’s north London derby against Arsenal after the Football Association confirmed his red card in last weekend’s loss at Chelsea had been rescinded. The 28-year-old was dismissed after conceding a penalty at Stamford Bridge, with Spurs crashing to a 4-0 defeat. Eden Hazard converted the spot-kick to put the Blues 2-0 ahead at the time and if Kaboul’s red card had stood, Spurs boss Tim Sherwood would have been limited in terms of defensive options when Arsenal visit White Hart Lane. Press Association Announcing the decision regarding Kaboul, the FA said in a statement on its website: “Following an independent regulatory commission hearing today, a claim of wrongful dismissal concerning Tottenham Hotspur’s Younes Kaboul was upheld. “Kaboul was dismissed for denying an obvious goal-scoring opportunity during the game against Chelsea on 8 March 2014. “The player’s one-match suspension has therefore been withdrawn with immediate effect.” Knee and ankle injuries have limited Kaboul to 11 appearances so far this season, with his start at Chelsea only his second since the 6-0 thrashing at Manchester City in November. Spurs skipper Michael Dawson was forced off at Stamford Bridge and with fellow centre-back Vlad Chiriches still nursing a back problem, Sherwood would have been down to Jan Vertonghen for the Arsenal clash if Kaboul’s three-match ban had stood. Spurs go into the game on Sunday six points behind their local rivals and four points off the Barclays Premier League top four. Question marks remain over the long-term future of Sherwood, who replaced Andre Villas-Boas in December, and he faces a crucial week if he is to keep his job beyond the end of the season. As well as the pressure of a north London derby, Tottenham host Benfica in the opening leg of their Europa League tie as Sherwood looks to guide his side into the quarter-finals while maintaining a domestic push to qualify for the Champions League.
Our Sports ReporterGUWAHATI: 10 Indian boxers including Lovlina Borgohain and Bhagyabati Kachari have already confirmed medals as all are already placed in the semi-finals because of the smaller size of the draw. On the men’s side, Brijesh Yadav and Sanjay are already into the 81kg semi-finals and so are Naman Tanwar and Sanjeet in 91kg and Satish Kumar and Atul Thakur in +91kg. In women’s, Lovlina Borgohain and Anjali are assured of medals in 69kg while Bhagyabati Kachari and Saweety Boora are through to the last-four in 75kg by virtue of a first-round bye.Meanwhile, six-time world champion Mary Kom has a possible semi-final face-off with Asian Championships bronze medallist Nikhat Zareen in 51kg. In contrast, Asian Games gold medallist Amit Panghal (52kg) could have a hassle-free route to the final where he might have to take on Asian Games silver medallist Rogen Siaga Ladon of Philippines. Also read: Local Sports
Melbourne: Australian Test opener Joe Burns has been diagnosed with fatigue disorder. According to a statement released by Queensland Cricket on Tuesday, Burns was diagnosed with a protracted post-infectious fatigue disorder dating back to an October 2018 viral infection.According to cricket.com.au., Burns played the entirety of the 2018-19 domestic summer, forcing his way back into the Test team as well as playing key roles with the Queensland Bulls and Brisbane Heat, while battling fatigue and burn-out.“Joe is currently undertaking a treatment period of rest and recuperation. A definite prognosis for recovery is unavailable at present; however, it is anticipated he will be fully available for cricket in the near future,” read the statement.Meanwhile, Burns took to Twitter to thank his supporters and said, “Everything is positive and plan to have a bit of rest now before getting back into full training soon.”It is understood that Burns will not be available for selection for the Ashes series in England starting August 1. IANSAlso Read: SPORTS NEWS
Doha: Long jumper M Sreeshankar failed to reach the final after a disappointing performance while 400m hurdler M P Jabir made it to the semifinals on the opening day of the World Athletics Championships in Doha on Friday. Another 400m hurdler Dharun Ayyasamy, the national record holder, tumbled after the last hurdle in his heat to fail to qualify for the semifinals. The 20-year-old Sreeshankar could only produce a best jump of 7.62m from his three attempts in the qualification B to finish 22nd overall. His effort was well below his season’s best of 8.00m, which he had produced only last month in Patiala. Later in the day, Jabir finished third in the heat number one and 11th overall in men’s 400m hurdle with a time of 49.62 seconds to qualify for the semifinals to be held on Saturday. He has a season’s and personal best of 49.13. Ayyasamy could only clock 50.55 as he lost precious time after hitting the final hurdle. He finished sixth in heat number five and 27th overall to miss out of the semifinals. Ayyasamy, who had recovered from an injury recently, has a personal and season’s best of 48.80. The first four in each of the five heats and the next four fastest qualify for the 400m hurdles semifinals. Also Read | India’s Jinson Johnson Clinches Silver In 1500m, Qualifies For World ChampionshipThe first Indian to take the field on Friday was Sreeshankar, who has a personal best and national record of 8.20m. He began with a 7.52m before clearing 7.62m. He then fouled his third and final jump to end his campaign in disappointment. The automatic mark for the finals was set at 8.15m but only one jumper could touch it. The 11 other best performers went through to the finals with the least distance making the cut was 7.89m.Also Read | Hima Das Ruled Out Of Athletics World Championship Due To Back Injury Sreeshankar’s 7.62m effort here was his second worst this season. He had 7.53m in the qualifying round of the National Inter-State Championships in Lucknow last month. This season, he has been consistent around 7.80m with three jumps in the 7.90s, besides the 8.00m in Patiala on August 16. Sreeshankar was, however, placed second last in terms of the season’s best among the 27 jumpers who took part in the qualification round. For all the Latest Sports News News, Other Sports News, Download News Nation Android and iOS Mobile Apps.
Forbes estimates the MLB average team value rose 4% from last year to $1.85 billion, the smallest annual appreciation since a 2% rise in 2010.FIFA INVESTIGATIONFormer Fox execs stay free on $15M bond each in soccer caseNEW YORK (AP) — Two former 21st Century Fox Inc. executives were allowed to remain free on $15 million appearance bonds, three days after they were indicted as part of the U.S. government’s investigation of soccer corruption.Hernan Lopez and Carlos Martinez were arraigned Thursday on wire fraud and money laundering charges in connection with alleged payments to officials of the South American governing body CONMEBOL. The indictment, unsealed Monday, also contended they made illegal payments to win broadcast rights for Fox to the 2018 and 2022 World Cups. April 9, 2020 Associated Press KANSAS CITY, Mo. (AP) — The Chiefs are bringing back cornerback Bashaud Breeland on a one-year deal that could be worth up to $4.5 million, a person familiar with the contract told The Associated Press, helping to alleviate one of the Super Bowl champions’ biggest concerns ahead of the NFL draft.The person spoke to the AP on condition of anonymity Thursday because the deal had not been announced. ESPN.com first reported it.Breeland started 15 of 16 games for the Chiefs last season, which he played on a one-year prove-it deal after an injury-shortened season in Green Bay. He also started all three playoff games and was instrumental in helping the Chiefs beat the San Francisco 49ers for their first championship in five decades.MLB-FRANCHISE VALUESYanks most valuable in MLB at $5 billion, Forbes estimates The Oilers, through Cave’s family, provided an update on Cave’s status Thursday on their Twitter account.The 25-year-old native of Battleford, Saskatchewan, was airlifted Tuesday to Sunnybrook Hospital and underwent emergency surgery. Doctors removed a colloid cyst that was causing pressure on his brain.Cave’s wife, Emily, posted an update on Instagram on Wednesday after seeing him through a window with his parents and talking to him via a walkie-talkie. She said the family is no longer allowed to be in the hospital because of COVID-19 rules. She said they have no idea when they will be allowed to see him again.NFL-CHIEFS-BREELANDAP source: Chiefs bring back CB Breeland on 1-year deal — The Indiana-Kentucky boys and girls high school all-star games have been canceled for the first time since World War II. The boys series began in 1940 but was not played in 1943 or 1944. The girls games were added in 1976 and have never previously been called off. The series pits the top seniors from each state and were scheduled to play June 5 in Georgetown, Kentucky, and June 6 in Indianapolis. The top juniors were scheduled to square off June 1 at Floyd Central High School near the Ohio River. Indiana also has canceled the junior-senior all-star games on June 3 and the All-Star Shootout on June 6.— The Kentucky Derby Museum is looking to unload all merchandise for the 146th Derby dated May 2. The race has been postponed from that date to Sept. 5 because of the coronavirus pandemic. As a result, over 300 Derby 146 items with the old date will be available for online sale from April 15 to May 3. The museum will donate 20% of sales proceeds to two funds that help those affected by COVID-19.,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6 Update on the latest sports NEW YORK (AP) — Forbes estimates the New York Yankees are baseball’s most valuable franchise at $5 billion, up 9% over last year and 47% more than the No. 2 Los Angeles Dodgers at $3.4 billion.The Yankees are second among all sports in Forbes’ evaluations to the Dallas Cowboys, listed at $5.5 billion in the last NFL ranking.The Yankees’ YES Network broadcasts Forbes “SportsMoney” television show.The Boston Red Sox are third at $3.3 billion, Forbes said Thursday, followed by the Chicago Cubs ($3.2 billion), San Francisco ($3.1 billion), the New York Mets ($2.4 billion), St. Louis ($2.2 billion) and Philadelphia ($2 billion).Miami was last at $980 million, a drop of $20 million. Also near the bottom were Kansas City ($1.025 billion), Tampa Bay ($1.05 billion), Cincinnati ($1.075 billion) and Oakland ($1.1 billion). Lopez and Martinez pleaded not guilty, as did the sports marketing company Full Play Group SA, which also is charged with racketeering. Judge Pamela Chen of U.S. District Court in Brooklyn ordered both to surrender their passports and imposed 10 p.m. to 6 a.m. curfews. Lopez is in Los Angeles, and Martinez is in Miami.VIRUS OUTBREAK-SPORTSHORSE tournament to be streamed on ESPN’s appUNDATED (AP) — Fans longing for basketball will have something to watch this weekend. The NBA, the National Basketball Players Association and ESPN will stream a HORSE tournament on ESPN’s app.The NBA HORSE Challenge will have eight participants. The quarterfinals are to be shown Sunday and the semifinals and final on April 16. Share This StoryFacebookTwitteremailPrintLinkedinRedditNHL-OILERS-CAVEOilers say Colby Cave remains in medically induced comaTORONTO (AP) — Edmonton Oilers forward Colby Cave remains in a medically induced coma in a Toronto hospital after suffering a brain bleed earlier in the week. — The NFL is turning the league’s 2020 draft into a three-day fundraiser to help six charities dealing with the coronavirus pandemic. The “Draft-A-Thon” will be featured during the draft April 23-25 to raise money for non-profits selected by the NFL Foundation. Among the charities are the American Red Cross, CDC Foundation’s All of Us, Meals on Wheels COVID-19 Response Fund, the Salvation Army, and United Way’s COVID-19 Community Response and Recovery Fund. Commissioner Roger Goodell says the Draft-A-Thon will deliver much-needed funding to many who are suffering as well as those on the front lines of the COVID-19 pandemic.— Australia’s rugby league championship plans to restart on May 28. The NRL has been suspended since March 23. The governing ARL Commission also says it intends to play a full three-game State of Origin series. Commissioner Wayne Pearce says they wanted to set a date and then work on finalizing a competition. Pearce says “a date is to give certainty to players and their schedules, clubs and thousands of people who are out of work through clubs and millions of fans.”— The World Curling Federation has canceled its championships this year. The men’s, women’s, mixed doubles and senior championships will not be held in 2020. The events had already been indefinitely postponed because of the coronavirus pandemic. The WCF has adjusted its qualifying for the 2021 world championships and the 2022 Winter Olympics to compensate for the missing tournaments. Also Thursday, Curling Canada canceled all of its remaining championships for the 2019-20 season, which ends in the spring.— The International Tennis Federation is putting about half of its staff on furlough and cutting other employees’ salaries because of the coronavirus pandemic. The move includes a 30% pay drop in 2020 for ITF President David Haggerty and reductions of 10% or 20% for others.— Louisville athletic director Vince Tyra said head coaches and senior department staffers will take 10% salary cuts to offset anticipated revenue shortfalls because of event cancellations due to the coronavirus pandemic. Tyra said during a conference call on Thursday that his department expects to save about $15 million with the cuts. The quarterfinal matchups are Trae Young of the Atlanta Hawks against former NBA player Chauncey Billups; WNBA great Tamika Catchings against Mike Conley Jr. of the Utah Jazz; Zach LaVine of the Chicago Bulls against NBA retiree Paul Pierce; and Chris Paul of the Oklahoma City Thunder against Allie Quigley of the WNBA’s Chicago Sky. Players must call their shots before the attempt and dunking is not allowed. The event will be pre-recorded.In other developments related to the coronavirus:— The NBA says players will receive their full checks when the next payday for most of them arrives on April 15 despite no games having been played for more than a month at that point. The league and the National Basketball Players Association have been in talks for weeks about the status of salaries during the game’s shutdown. The last NBA games were played March 11, the day that Utah center Rudy Gobert (goh-BEHR’) became the first player in the league to test positive for the coronavirus. The pandemic will lead to the delay of at least 259 regular-season games through April 15, what would have been the end of the regular season.— The Los Angeles Clippers are getting together for workouts while the NBA season is suspended — via video conference calls. Up to 10 players at a time tune in to do workouts led by the team’s performance staff since the league shut down practice facilities because of the coronavirus pandemic. They’ve also been using workout equipment tailored for each player and provided by the team. Coach Doc Rivers says that’s led to trash talking while watching each other work out.— Hockey players trying to stay in shape with the NHL season on hold say there is no way to replicate the motion of ice skating. Most have been off the ice since before play was halted March 12. Players are riding stationary bikes, running and doing other exercises designed by trainers to keep them ready if games resume. Even those with roller blades know that using them doesn’t require the same balance or train the same muscles.