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Wulguru a cool place to live

first_imgWulguru locals Judy and husband Greg Tam out the front of their Wulguru home.JUDY TAM and her husband Greg have listed their home for sale and will be saying goodbye to the suburb they love after more than 17 years.Mrs Tam is one of many residents living in Wulguru who have held on to their home for more than a decade before selling. The quiet suburb south of Townsville recorded the third highest hold period in the city according to Core Logic figures, with residents on average hanging on to their homes for 14.6 years.Mrs Tam said she had raised her two sons in Wulguru, one of whom has bought his own home in the suburb. She said she had loved Wulguru’s cool breezes and sense of community.More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020“I think it’s that real rural aspect of the suburb that people love and when we first bought there were only eight houses in our street,” she said.“It’s developed more now but we still have no rear neighbour and we get wildlife around, and there are horses.“Wulguru is also cooler and ‘Wulguru’ is actually Aboriginal for windy place so it’s always a couple of degrees cooler. It’s just a real community and a lot of people here having been living here for a long time.”The Tams have reluctantly listed their three-bedroom home at 2 Combe Ct for sale to move closer to their elderly parents in Mackay. The couple first moved into the suburb in 2000 when they were both working at Lavarack Barracks.“We’ve done a lot of reflecting since we put the house on the market and it has brought home the reality of the fact we are going to lose what we love so much,” Mrs Tam said.“Wulguru has provided a really good upbringing for the boys and we’ve never had any crime here. I would like to see a family with young children buy the home and create the same happy memories we’ve had there.”last_img read more

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​IORP II compromises on cross-border funding, requires stranded-asset check

first_imgSweeping reforms of European pension regulation are set to be announced imminently, including a concession on funding for cross-border IORPs and new requirements to assess the environmental, social and governance (ESG) risks of holdings.After more than a year of negotiations between the European institutions, the European Commission has also dropped proposals for delegated acts on the proposed Pension Benefit Statement, while the risk evaluation for pensions (REP) is to be replaced by an own-risk assessment – details of which will be decided by national regulators.The draft of the revised IORP (Institutions for Occupational Retirement Provision) Directive – dated 20 June and seen by IPE – is understood to be the finalised text, expected to be unveiled by the Commission on Monday (27 June) after protracted negotiations between the Commission, European Parliament and EU member states.A source who has seen the compromise text told IPE: “It’s not perfect, but there’s something for everyone.” No further comments or drafting suggestions are being allowed on the compromise text, according to a note sent by the Dutch presidency to those with access to the text.“The Presidency considers this as a final package, a balanced compromise and the best result that could be achieved,” it said. “There is no room to push the things any further.”Cross-border victoryIn possibly the biggest single victory for the industry, the compromise agreement acknowledges the possibility of cross-border IORPs being underfunded, although the overarching requirement is still that they be fully funded at all times.If this condition is not met, according to the text, the home member state’s regulator must “promptly” intervene and require the IORP to develop and implement measures “without delay” to protect beneficiaries and members.Speaking at the PensionsEurope conference in Brussels on 23 June, Janwillem Bouma, chair of the association, suggested that this compromise had been struck.“It seems the decision makers maintained the requirement for cross-border IORPs to be fully funded at all times, but that the possibility for a cross-border IORP to be underfunded is now mentioned,” he said. “PensionsEurope warmly welcomes this.”However, he warned that an interpretation of the compromise would be possible only once a final text were available, a comment in keeping with a general pretence among lobbyists and EU lawmakers in recent days that a compromise had not yet been reached on the revised IORP Directive. A formal announcement is understood to have been held back due to the UK referendum on its membership of the European Union, which has resulted in a vote to leave.Attempts to establish cross-border funds, or transfer assets from one member state to another, are also set to be eased.Detailed rules about how such transfers must progress have been drawn up, including rules for negotiations with pension scheme members.The European Insurance and Occupational Pensions Authority (EIOPA) has also been given a non-binding role as mediator, should a home member state’s regulator object to a move to another country.As Bouma had also indicated at the conference in Brussels, the authorities in both the host and transferring countries must give their consent to cross-border transfers, based on a list of assessment criteria. While EIOPA has been granted a bigger role in overseeing cross-border transfers, member states have succeeded in their attempts to strip it of the ability to impose solvency requirements on the pensions sector.All mentions of delegated acts, which allow the Commission to impose new rules after the final Directive has been passed by Parliament, have been removed, requiring all details to be agreed during the trialogue.Still, Jonathan Hill, European commissioner for financial stability, had earlier reassured delegates at the PensionsEurope conference that the EU executive did not “have any more changes up our sleeve”.“Once this legislation is agreed, that will be it,” he said. “There are no plans to harmonise solvency rules for occupational pensions, and there are no plans to introduce a standardised risk-assessment process.”Meanwhile, the contentious Pension Benefit Statement – a matter of concern in the Netherlands, as the Commission proposal removed a member state’s ability to cater to its market – has been slimmed down, and national authorities have been given the ability to set the assumed rate of return in instances where benefits must be assessed.Stranded assetsThe responsible investment community also won a significant victory, and sees mention of stranded-asset risk included within the own-risk assessment, strengthening the references to environmental risks initially included in the Commission’s first draft.Instead, pension funds will now be expected to consider the risk of climate change, environmental and social risks and risks related to the depreciation of assets due to regulatory change – a direct reference to the impact of a carbon price on resources yet to be exploited by oil, gas and coal companies.The change is a victory for the responsible investment lobby, which has been calling on the institutions to include stricter assessment of climate risk.last_img read more

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OKEA commits to 3D seismic survey near Draugen

first_imgNorwegian oil company OKEA has said that it will “continue” exploration license PL958 in the Norwegian Sea, meaning the partners have committed to a new 3D seismic survey.OKEA acquired a stake in took over Shell’s 50% working interest and operatorship of the license in March. At the time, the company said the acreage was in the exploration phase and that data coverage was limited.The block sits east of the OKEA-operated Draugen field, which OKEA also bought from Shell.Commenting on the decision to continue the PL958, OKEA said “this commits the license partners to acquire new 3D seismic data and they have already decided to prefund a 3D seismic multi-client acquisition by PGS ASA, starting up in July 2019.”OKEA’s SVP Subsurface, Andrew McCann said the company was excited to be able to accelerate the exploration program on PL958 “by at least a year through this early commitment.”“This is an essential data component for further maturation of the resource potential in the acreage, particularly to map the extension of the Draugen Rogn trend into the unexplored area, which has not previously been covered by 3D seismic data. PGS, as contractor on data acquisition and processing, is the ideal partner to secure an optimal data quality for further work. We are privileged to have a promising, unexplored area within 30km of our production hub.”The survey is planned to be carried out by Ramform Vanguard and covers an area of approximately 850 km2.Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email. Offshore Energy Today, established in 2010, is read by over 10,000 industry professionals daily. We had nearly 9 million page views in 2018, with 2.4 million new users. This makes us one of the world’s most attractive online platforms in the space of offshore oil and gas and allows our partners to get maximum exposure for their online campaigns. If you’re interested in showcasing your company, product or technology on Offshore Energy Today contact our marketing manager Mirza Duran for advertising options.last_img read more

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Jifmar Buys Two Damen Fast Crew Suppliers

first_imgDamen believes that the vessels will provide Jifmar a diversification of its fleet and will enable the France-based company to engage in new activities. Source: Damen According to Damen, both vessels were built in 2013 and have worked on several offshore wind farm projects in Europe as crew transfer and support vessels. Jifmar Offshore Services has purchased the Damen Fast Crew Suppliers 2610 Twin Axe and FCS Seagull. This purchase comes eleven years after Jifmar bought the Damen Multi Cat 1908 m.v. Paul B, ex DMS Beagle.last_img read more

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FIFA President announces his vision for the period up to 2023

first_imgFIFA President, Gianni Infantino, has announced his vision for the period up to 2023 on the day of the fourth anniversary of his election. Modernise the football regulatory framework, Grow revenues sustainably for further reinvestment in football, Increase the efficiency and efficacy of the organisation,Ensure the success of our iconic competitions,Globalise our competitions,Increase global competitivenes and Maximise our impact on global football development. Others include, Accelerate the growth of women’s football, Harness technology in football,Protect positive values in football and the Impact society through the power of football. Read Also:FIFA president Infantino canvasses against corruption Each of these goals is constituted of four pillars, which range from delivering sustainable tournaments to creating more opportunities for our members to host a FIFA tournament; from creating unique experiences for fans and global audiences to fighting against racism and all other forms of discrimination. FacebookTwitterWhatsAppEmail分享 The Vision 2020-2023: Making Football Truly Global, his proposed action plan for the organisation over the course of the coming years. “This document lays out a plan to further modernise the football world, make it increasingly inclusive and pave the way to a landscape in which, one day, we will have at least 50 national teams and 50 clubs from all continents at a top competitive level,” said President Infantino. The Vision 2020-2023: Making Football Truly Global is a blueprint for FIFA to pursue the objective of making football truly global while navigating a fast-changing world. It revolves around 11 key goals:Advertisement Loading… Promoted Content8 Superfoods For Growing Hair Back And Stimulating Its Growth5 Of The World’s Most Unique Theme Parks20 Completely Unexpected Facts About ‘The Big Bang Theory’You’ve Only Seen Such Colorful Hairdos In A Handful Of AnimeWho Is The Most Powerful Woman On Earth?8 Most Beautiful Chinese WomenThe 10 Best Secondary Education Systems In The WorldThe Best Geek Movies Of All TimeCouples Who Celebrated Their Union In A Unique, Unforgettable WayA Soviet Shot Put Thrower’s Record Hasn’t Been Beaten To This Day8 Amazing Facts About Ancient EgyptCan Playing Too Many Video Games Hurt Your Body?last_img read more

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Poyet: We are back on track

first_img The Black Cats claimed a 0-0 draw at Leicester for their first clean sheet since being thumped 8-0 at St Mary’s last month. Kasper Schmeichel denied Steven Fletcher and Adam Johnson in the best chances of a tight game at the King Power Stadium. Boss Gus Poyet praised Sunderland’s approach and insisted they have fully recovered from their Southampton shambles. Press Association Foxes boss Nigel Pearson, though, insisted there is no anxiety from his side about their goalless streak. “Not that I’m aware of, maybe around the stadium but not necessarily among the players,” he said. “We got the point, we have played pretty well and we worked the goalkeeper. We got criticised at Southampton for not having any shots on target but we worked the goalkeeper today and we were the better side. “On another day we would probably win the game.” The point lifted the Foxes out of the bottom three in the Barclays Premier League but they are winless in their last seven games. “If the players play in that fashion we will be fine. We created chances and things didn’t quite go our way,” said Pearson. “I was pretty pleased with the performance and it was only a second clean sheet of the season. The margins remain small but I am pleased with the performance.” And Poyet believes his side have now healed the wounds from their south coast nightmare. “I think we are back to normal. I needed to think about what happened three or four weeks ago and we needed to get back to basics,” he said. “That day (Southampton) was a terrible day, it was something unique but it creates doubt in the players’ minds and in the next game we made two massive mistakes (against Arsenal). “We play Chelsea, Manchester City and Liverpool next so in two weeks’ time I’ll let you know if we can do the same. It’s a decent day.” The Foxes have not scored in 500 minutes – since their 2-2 draw with Burnley last month – after another blank. Leonardo Ulloa failed to make an impact again but Riyad Mahrez twice went close and Matty James was denied by Costel Pantilimon. Mahrez also saw a second-half penalty claim ignored – a decision Poyet admitted Sunderland were lucky to get away with. “On another day it goes against you, today we were lucky it didn’t,” he added. last_img read more

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National Cricket Academy plans athlete-centric meeting

first_imgNEW DELHI: The National Cricket Academy (NCA) has called for a meeting with state associations on Wednesday to discuss the way forward as the Board of Control for Cricket in India (BCCI) looks to resume cricketing activities in the country with an eye on the coronavirus pandemic. In the mail, accessed by IANS, Assistant General Manager K.V.P. Rao has written to the state associations highlighting the agenda of the virtual meeting. IANS Also Watch: Nagaon DC’s Surprise Visit At District Hospitallast_img read more

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Two-time Triple Crown-winning trainer Bob Baffert has been suspended 15 days by the Arkansas Racing Commission.

first_imgTwo-time Triple Crown-winning trainer Bob Baffert has been suspended 15 days by the Arkansas Racing Commission. July 15, 2020 Share This StoryFacebookTwitteremailPrintLinkedinRedditLOS ANGELES (AP) — Two-time Triple Crown-winning trainer Bob Baffert has been suspended 15 days by the Arkansas Racing Commission.center_img Associated Press last_img

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ITF Plans ‘World Cup of Tennis’ for 2018 in Geneva

first_img“Change is needed to ensure that we maximise the full potential of these iconic and historic competitions,” said ITF president David Haggerty.Geneva was chosen by the ITF board at its meeting in Frankfurt from a shortlist of six that also included Copenhagen (Denmark), Miami (USA), Istanbul (Turkey), Turin (Italy), and Wuhan (China).The ITF AGM will be asked to approve the full reform package at its meeting in Ho Chi Minh City, Vietnam, in August 2017.It is proposed initially that the season-ending event will run for three years and could also include the semi-finals of the Fed Cup, meaning the competition would expand from eight teams to 16.“The creation of the World Cup of Tennis finals is at the heart of a series of reforms that represent the most significant changes in the history of Davis Cup and Fed Cup,” added Haggerty.“We’ve consulted widely and listened carefully, and believe we will deliver an exceptional new event for fans, players and nations.”Argentina is the Davis Cup holders and the Czech Republic won the Fed Cup in 2016.The plans have been greeted with dismay by some tennis players, including Jamie Murray’s Brazilian doubles partner Bruno Soares and Australian world number 187 Sam Groth.Soares tweeted that the “ITF itself is slowly killing the competition”, while Groth said the ITF “had lost the plot”.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Geneva has been chosen by the International Tennis Federation (ITF) as the preferred venue for the first World Cup of Tennis in 2018.The combined event will include the finals of the Davis Cup and Fed Cup.The hard court event would be held at the Palexpo convention centre for three years from November 2018.last_img read more

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Final chance for UW at Final Five

first_imgEarning a day off Sunday by sweeping No. 11 Denver in the opening round last weekend, the UW men’s hockey team had a legitimate chance to land a No. 3 seed in the WCHA Final Five — which would automatically send the Badgers to the semifinals.But when top seed Minnesota and No. 2 St. Cloud State earned comeback wins in their respective third-round games, Wisconsin had to settle for the No. 5 seed, which means it’ll have to go through Michigan Tech in the play-in game just to get to the semifinals.So close, yet so far to such an easy road to the WCHA final that even the harshest of UW’s critics would grant the Badgers a running chance.But Wisconsin players aren’t crying over spilled milk.”We don’t really think about it,” forward Ross Carlson said. “They beat us in Michigan Tech; we’re going to have to play them. We’re going to have to come with our A-game every night now because it’s playoff time.”The No. 20 Badgers (17-17-4) have their work cut out for them. In all likelihood, it’s going to take three straight wins on three consecutive evenings to advance to the NCAA tournament, by virtue of a WCHA tournament championship.”No matter what path we’ve got to take, we know that no matter where we play, we can’t lose from here on out,” forward Tom Gorowsky said. “So if we’ve got to play three games instead of two, that’s fine.”Gorowsky and the Badgers should note that it would be an unprecedented feat for Wisconsin to do just that. No WCHA team, since the current Final Five format was adopted in 1993, has won the tournament with wins Thursday, Friday and Saturday. In fact, the play-in game winners have an unconvincing record of 3-11 in Friday’s semifinal game.For Wisconsin to defy that mark, should it get by Michigan Tech, the Badgers have to take out MacNaughton Cup champs and No. 2 seed Minnesota Friday night.With No. 3-ranked St. Cloud State and defending Broadmoor Cup holders North Dakota also in the fray, WCHA Commissioner Bruce McLeod called this one of the toughest fields in Final Five history, and the participating head coaches agreed during Tuesday’s annual Final Five teleconference.That said, history suggests No. 18 Michigan Tech (18-16-5) actually could prove to be the toughest matchup for Wisconsin, and the road could get even easier from there. The Huskies won the only two matchups between the two squads this season, 2-0 and 4-2, in Houghton, Mich. That head-to-head mark gave Tech the higher seed over Wisconsin, when the two teams completed conference play with 27 points apiece.”We were really fortunate that we were tied, because we didn’t have to play in Madison,” Huskies coach Jamie Russell said Tuesday. “I believe the head-to-head [tiebreaker] shouldn’t count if you’re not playing four games during the season. That was an advantage for us.”The Badgers blame only themselves for losing out on the higher seed.”We didn’t perform as we needed to during the regular season; we’re lucky to make it to the Final Five,” Gorowsky said.The top three seeds, already in the semifinals, shouldn’t lick their chops if they draw Wisconsin at all during the season. Minnesota did drop one decision back on Jan. 12, 2-1; moreover, the Gophers have won none of their four games in the Final Five in the last two seasons.And if the Badgers advance to Saturday’s final, they have a combined record of 4-1-1 against prospective opponents St. Cloud State and North Dakota.But UW head coach Mike Eaves, as usual, isn’t letting his team look ahead to its border battle rival or any other team that doesn’t have the words Michigan Tech on its sweaters.”If we’re taking a look at a ladder, before we get to the fourth rung, we’ve got to climb rung one and two and three to get to four,” Eaves said. “We’re totally focused on Thursday now and what Michigan Tech brings to the table.”Both Eaves and Russell were in agreement that Thursday’s game will feature a pair of big, powerful teams that don’t give up a lot of goals.”They’re very similar to us,” Eaves said. “If we were to go to our team and say who are our opponents, and we described them, we would be describing ourselves in many ways.””We’re not going to set any scoring records, but we’ve got great goaltending, play team defense, and we’re going to play tough,” Russell added. “Wisconsin [is] a team we’re very similar to; they’re a big team, a physical team, and they’ve got a great goaltender.”Wisconsin (.197 GAA) and Michigan Tech (2.10) rank first and second in the conference in goals against. With UW’s Brian Elliott going against a tandem of Michael-Lee Teslak and Rob Nolan, the Badgers hope their hot goaltender gives them the edge.”When you’ve got a goalie that can win playoff games, you have a good goalie in the playoffs, everybody stands a chance,” forward Aaron Bendickson said. “So Brian’s key.”Elliott, along with his fellow seniors, says they’re revved up knowing their next loss will be their last in a Badger uniform.”We don’t want to play golf yet,” captain Andrew Joudrey said. “Really, we talked about it, it’s too early to not be playing hockey anymore.”last_img read more