Estate nears end

first_imgBushland Grove sales manager Peter Loynes. Picture: Shae Beplate.ONE of Townsville’s most established residential estates is nearing completion after more than 10 years.Bushland Grove, located in Mount Low, has only two more stages left to be developed following the release of stage 13.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 2020Peter Loynes, who has been selling land at Bushland Grove for the past seven years, said the estate offered great affordability.“We have a nice quiet estate with around 87 per cent owner-occupier which means there is a great community with many neighbours building their first homes and starting families here,” he said. “We work with the most respected and trusted builders in the north and are popular with direct referrals from builders as they know the great value we offer. Word is getting out about the great value we offer in stage 13 which is particularly attractive to first time buyers with land from just $118,000 for a low maintenance home site of 384sq m. “Then of course first time buyers could also be eligible for the $20,000 first homebuyers grant, which is expected to finish on June 30.” Bushland Grove is located right near the Ring Rd extension giving residents fast and easy access to Lavarack Barracks, James Cook University and Townsville Hospital, The estate also features landscaped parks, playground and a basketball court. For more information visit read more

Italy’s ENPAM approves new charter, reports 8.35% return

first_imgENPAM, Italy’s first-pillar fund for medical consultants, has approved a new statute that streamlines its government structure and includes tighter legal requirements for board members.With the approval of the new rules, the fund’s directors also agreed to cut their pay by 20%. The changes to ENPAM’s internal regulation were announced last week along with the approval of its annual accounts, which show that the defined benefit fund recorded an 8.35% return in 2013.Total assets have now reached €15bn, making ENPAM one of the largest pension providers in the country in terms of AUM (the largest among first-pillar casse di previdenza and second-pillar industry funds).  The new charter states that, in addition to convicts, those who have pleaded guilty for a number of crimes are not eligible for election as board members.Under the new rules, board members are reduced from 27 to a maximum of 17.The fund’s executive committee, a body that held power over certain decisions but was deemed ‘redundant’, is abolished. ENPAM said the changes would bring a significant reduction in costs, adding to the board’s decision to cut their remuneration.  The charter addresses specific investment management issues, making the prudent person principle more explicit and setting new procedures for investments.It also outlines clearly what types of assets ENPAM can invest in, giving the board less discretion in terms of asset allocation.An ENPAM spokesperson said the wording of the new document implied that ALM effectively became a part of the fund’s statutory objectives.  As well as forbidding convicts to be elected as board members, the new statute establishes a ‘code of transparency’ that makes access to information regarding the funds’ investment easier.  ENPAM’s chairman Alberto Oliveti said in a statement: “With the changes to the statute, we have completed all the reforms we had planned for the 2010-15 mandate of the board. This makes us proud.“In 2011, we began reforming the investment management model, making it safer. In 2012, we reformed the provision of benefits, securing our sustainability for 20 years. Today, we are giving our members a pension fund where they can feel they have even stronger representation.”Members’ representation is heightened in the new regime, as they will be able to vote more representatives to the fund’s national assembly.More representatives, however, will not mean higher costs, as the budget set for the remuneration of representatives is kept at the same level in the new charter.A minimum of 20% of the elected representatives will have to be women.  The fund embarked on a phase of transformation that began in 2011, after being involved in a controversy that resulted in the resignation of its former chairman, Eolo Parodi.He is currently being tried for charges relating to ‘toxic’ investments with a number of former ENPAM advisers. According to a statement by the fund, ENPAM’s finances are now in good health, with current assets covering pension obligations for 12 years, higher than the minimum funding requirement of five years’ coverage.At the end of last year, the surplus generated by investments amounted to €1.53bn after expenses and taxes.Oliveti added: “We can now begin thinking about actions directed at relieving the pressure on new generations. Once the new actuarial budgets are ready, if we have available resources, we could use them to reduce the burden borne by young members.”The work undertaken in recent years to strengthen ENPAM’s governance involved a major effort to scale back on risky assets.Under the threat of large losses from risky investments such as CDOs and structured notes acquired in pre-crisis years, the scheme began monitoring the drawdown risk of that portfolio more closely.ENPAM said that now the risk of significant losses from those past investments was no longer contemplated.     The fund recently launched an international search for a new investment adviser, setting a deadline for awarding a mandate at the end of this year.last_img read more

Maersk Supply Service Wraps Up Ailsa FSO Installation for Culzean

first_imgMaersk Supply Service has completed Ailsa Floating Storage and Offloading unit (FSO) transportation and installation for the Culzean field in the North Sea.Last week, the hook up of the Ailsa FSO was successfully completed, the company informed.The project has been delivered to Total E&P UK as an integrated solution, including project management, engineering, procurement and execution of offshore work scopes. Eight Maersk Supply Service vessels and crew carried out the marine operations.“This is a significant milestone for Maersk Supply Service in delivering full-scope solutions to our customers. Leveraging the expertise, commitment and flexibility of all stakeholders involved as one on- and offshore team was key to the safe, efficient and timely completion of this challenging project,” said head of Integrated Solutions Olivier Trouvé.The Culzean field is located about 242 kilometers (145 miles) east of Aberdeen in the UK sector of the Central North Sea. First gas is expected to be produced from Culzean in 2019.last_img read more

Woman sues after botched termination leads to motherhood

first_imgStuff 25 August 2016Family First Comment:  How very sad. “The woman is also seeking an unspecified amount for pain and suffering she has experienced, including depression and psychological trauma.” I think it may be the son who grows up and reads this article that will suffer far far more. But I’m sure he will be grateful for life. #chooselifeA 23-year-old mother is suing her GP and the public health system for thousands of dollars to support her son after her termination went wrong.In August 2013, the woman, who is from rural Victoria, Australia, asked her GP for a termination following a positive home pregnancy test.But despite having a surgical termination, the pregnancy continued, the Daily Telegraph reported. And in April 2014 the woman gave birth to a son, “Cooper”.The woman says she was unable to terminate her pregnancy because of the negligence of her GP and the hospital.The woman is suing for funds to cover the cost of raising her son, including the cost of feeding, clothing, housing and schooling, out-of-school activities such as sport and music, and medical and transport expenses.In addition to this, the woman is also seeking an unspecified amount for pain and suffering she has experienced, including depression and psychological trauma.The latest figures from AMP and the University of Canberra, estimate that the cost to a middle-income family of raising two children is AU$812,000 ($845,000).READ MORE: read more

DSWD readies 24,200 food packs for quarantine-affected people

first_imgAccording to Luna Moscoso, chief of DSWD-6’s disaster response and management division, 1,700 family food packs have been allotted for Aklan (prepositioned in Kalibo, Buruanga and Makato). The 24,200 family food packs have a total value of P8,712,000./PN The other allocations were: Philippine Coast Guard personnel get ready to transport these boxes of family food packs from the Department of Social Welfare and Development to Negros Occidental from the seaport of Iloilo City via a ship of the Bureau of Fisheries and Aquatic Resources. DSWD Region 6 has prepositioned 24,200 family food packs should local government units need more for their constituents adversely affected by the ongoing enhanced community quarantine aimed at containing the spread of the coronavirus disease 2019. IAN PAUL CORDERO/PN * 2,400 for Negros Occidental (prepositioned in Bago City, 1,000; Talisay City, 1,000; Bacolod City, 200) * 4,000 for Capiz (prepositioned in Dumarao, Jamindan, Maayon, and Panit-an) * 2,600 for Antique (prepositioned in Barbaza, Tobias Fornier, Patnongon, and Bugasong) Each family food pack contains six sachets of coffee, 14 cans of sardines, 14 cans of corned beef, and six kilos of rice.center_img ILOILO City – The Department of Social Welfare and Development (DSWD) Region 6 has prepositioned 24,200 family food packs should local government units need more for their constituents adversely affected by the ongoing enhanced community quarantine aimed at containing the spread of the coronavirus disease 2019 (COVID-19). Moscoso said each family food pack costs P360. * 2,000 for Guimaras. The rest of the family food packs are at the DSWD-6 regional warehouse in Oton, Iloilo. The prepositioning aims to make the release of the food packs faster and more efficient. * 3,819 for Iloilo (prepositioned in Carles, 1,000; Calinog, 1,000; Concepcion, 819)last_img read more

Grenade found in Cabatuan

first_imgThe hand grenade was now under thecustody of the Operatives from the Explosives and Ordinance Division of thePolice Regional Office 6 for proper disposition ILOILO City – A hand grenade was foundin Barangay Tacdangan, Cabatuan, Iloilo. Officers ofthe Cabatuan police station have yet to determine who left the explosive./PNcenter_img Responding police officers said theywere alerted by a concern citizen around 6:30 a.m. on April 22 of a suspiciousdevice at a waiting shed in the said village.last_img

39 in WV charged over SAP cash assistance

first_imgThe government stressed that SAP’s priority are families who need cash assistance the most, particularly those belonging in the informal sector whose livelihood has been most affected by the quarantine./PN Of the 39, 11 were barangay captains, eight were barangay councilmen, eight were barangay secretaries, five were barangay health workers, one purok leader, two liaison officers, one municipal social welfare officer, and three were civilians. “We continue to appeal to the public. Report to the nearest police station or PRO-6 irregularities in the distribution of SAP,” said Pamuspusan. In coordination with the Criminal Investigation and Detection Group (CIDG), the PRO-6 filed the following charges against the 39 individuals: In Western Visayas, the subsidy is  P6,000 for each beneficiary (per family or household basis). The program is headed by the Department of Social Welfare and Development (DSWD), in cooperation with the Department of Labor and Employment (DOLE), Department of Trade and Industry (DTI), Department of Agriculture (DA), Department of Finance (DOF), Department of Budget and Management (DBM), and Department of the Interior and Local Government (DILG). ILOILO City – From May 6 to 29, the Police Regional Office 6 (PRO-6) has charged 39 persons for alleged anomalies in the distribution of emergency cash assistance from the national government’s Social Amelioration Program (SAP). * violation of RA 6713 (Code of Conduct and Ethical Standards for Public Officials and Employees) The amount varies, depending on the prevailing regional minimum wage rates and takes into account the other subsidy programs in cash or in-kind, under the DSWD.center_img Joint Memorandum Circular No. 1 Series of 2020 signed by the implementing departments states that each qualified family can receive between P5,000 to P8,000 per month for two months for basic food, medicine, and toiletries. In this time of pandemic, corruption has no place in Western Visayas, he stressed. Police Brigadier General Rene Pamuspusan, regional police director, commended the people who mustered courage to report the alleged anomalies. * violation of RA 11469 (An Act Declaring the Existence of a National Emergency Arising from the Coronavirus Disease 2019) * falsification and use of falsified documents SAP is a cash emergency subsidy program mandated by the new law, the Bayanihan to Heal as One Act, which was signed by President Rodrigo Duterte on March 25, 2020. * violation of Republic Act (RA) 3019 (Anti-Graft and Corrupt Practices Act)last_img read more

Caz’s Pigskin Picks-Week #7 (10-4)

first_imgVS. COMMON FOES: Franklin County 1-3, South Dearborn 0-4. LAST OUTING: Milan lost to Indian Creek, 34-7. South Decatur lost to Park Tudor, 19-7. SERIES LAST 15 YEARS: No meetings. OPPONENTS’ RECORDS: Milan 26-10, South Decatur 18-17. GAME TIME: 7 PM at Siebel Field. SERIES LAST 15 YEARS: Franklin County, 11-5. VS. COMMON FOES: Batesville 3-0, Greensburg 2-1. Caz’s Pick:  Lawrenceburg. SERIES LAST 15 YEARS: Batesville, 13-9. Milan (2-4) at South Decatur (2-4) VS. COMMON FOES: Lawrenceburg 1-1, Rushville 1-1. LAST OUTING: Franklin County lost to Greensburg, 47-26. South Dearborn lost to East Central, 66-7. LAST MEETING: East Central, 56-18, sectional, Oct. 23, 2009. VS. COMMON FOES: Oldenburg Academy 0-1, Indianapolis Washington 0-1. LAST OUTING: Lawrenceburg lost to Batesville, 34-6. Rushville defeated Greenfield-Central, 39-17. SAGARIN RATINGS: East Central, 56.76, 131st overall, 29th in Class 4A. Connersville, 47.19, 178th overall, 41st in Class 4A. SERIES LAST 15 YEARS: Milan, 13-6. SAGARIN RATINGS: Batesville, 72.92, 51st overall, 6th in Class 3A. Greensburg, 58.62, 119th overall, 22nd in Class 3A. GAME TIME: 7 PM at Hinshaw Field. COACHES: Garry Sauley, 71-65 in 14th year at North Decatur. Mike Gillin, 112-34 in 13th year at Indian Creek, 278-106 in 35th year overall. OPPONENTS’ RECORDS: Connersville 20-16, East Central 13-11. GAME TIME: 7 PM at Shriver Field.  Country 103.9 WRBI. Caz’s Pick:  East Central LAST MEETING: Franklin County, 14-0, Sep. 28, 2012. OPPONENTS’ RECORDS: North Decatur 21-14, Indian Creek 21-15. Here are the picks.The best of luck to our area teams. GAME TIME: 7 PM at Trojan Field.  WRBIRADIO.COM. PREDICTION: Milan, 45-14. Oldenburg Academy (1-3) at Indianapolis Washington (3-3) PREDICTION: Batesville, 35-17. LAST OUTING: Batesville defeated Lawrenceburg, 34-6. Greensburg defeated Franklin County, 47-26. Batesville (6-0) at Greensburg (4-2) GAME TIME: 7 PM at Continental Field. Caz’s Pick:  Milan VS. COMMON FOES: Connersville 1-2, East Central 2-1. COACHES: Eric Heppner, 126-77 in 18th year at Batesville. Scott Moore, 32-24 in 6th year at Greensburg. North Decatur (2-4) at Indian Creek (4-2) SAGARIN RATINGS: Lawrenceburg, 58.47, 120th overall, 23rd in Class 3A. Rushville, 56.89, 129th overall, 25th in Class 3A. OPPONENTS’ RECORDS: Lawrenceburg 14-16, Rushville 13-22.center_img OPPONENTS’ RECORDS: Franklin County 17-19, South Dearborn 20-16. VS. COMMON FOES: Milan 0-1, South Decatur 0-1. SERIES LAST 15 YEARS: No meetings. PREDICTION: Lawrenceburg, 28-24. PREDICTION: Indianapolis Washington, 45-10. OPPONENTS’ RECORDS: Batesville 15-21, Greensburg 14-22. LAST MEETING: Indian Creek, 39-35, Sep. 28, 2012. COACHES: Wes Gillman, 1-3 in 1st year at Oldenburg Academy. Cameron Anderson, 3-3 in 1st year at Indianapolis Washington. SERIES LAST 15 YEARS: Indian Creek, 14-1. SAGARIN RATINGS: Milan, 53.44, 151st overall, 19th in Class 2A. South Decatur, 27.11, 267th overall, 36th in Class 1A. GAME TIME: 7 PM at Knights Stadium. GAME TIME: 7 PM at Braves Field. COACHES: Ryan Knigga, 20-10 in 3rd year at Lawrenceburg. Rocky Alspaugh, 63-71 in 14th year at Rushville, 83-91 in 18th year overall. Connersville (2-4) at East Central (2-4) OPPONENTS’ RECORDS: Oldenburg Academy 6-11, Indianapolis Washington 12-18. COACHES: Adam Kelly, 9-8 in 2nd year at Connersville. Justin Roden, 2-4 in 1st year at East Central. LAST OUTING: Connersville defeated Jay County, 26-14. East Central defeated South Dearborn, 66-7. COACHES: Ed Wagner, 2-4 in 1st year at Milan. Rod Martin, 18-28 in 5th year at South Decatur. COACHES: Shane Wellman, 8-10 in 2nd year at Franklin County. Chris Nobbe, 0-6 in 1st year at South Dearborn. SAGARIN RATINGS: Franklin County, 48.08, 176th overall, 40th in Class 4A. South Dearborn, 27, 269th overall, 62nd in Class 4A. LAST OUTING: North Decatur lost to Eastern Hancock, 62-0. Indian Creek defeated Milan, 34-7. VS. COMMON FOES: North Decatur 0-3, Indian Creek 2-1. SAGARIN RATINGS: Indianapolis Washington, 23.87, 279th overall, 51st in Class 2A. Oldenburg Academy,-5.34, 325th overall, Caz’s Pick:  Indian Creek. PREDICTION: East Central, 31-21. SERIES LAST 15 YEARS: East Central, 2-0. PREDICTION: Franklin County, 49-24. PREDICTION: Indian Creek, 49-7. Lawrenceburg (4-2) at Rushville (5-1) LAST OUTING: Oldenburg Academy defeated Traders Point Christian, 19-6. Indianapolis Washington defeated Southside HomeSchool, 42-30. Caz’s Pick:  Franklin County. Caz’s Pick:  Batesville LAST MEETING: Greensburg, 14-0, sectional, Oct. 26, 2012. SAGARIN RATINGS: Indian Creek, 63.43, 93rd overall, 13th in Class 3A. North Decatur, 25.77, 273rd overall, 38th in Class 1A. LAST MEETING: Milan, 35-26, Sep. 28, 2012. Franklin County (2-4) at South Dearborn (0-6) Caz’s Pick:  Indy Washington.Courtesy of The IHSAA.last_img read more

Salazar ends absence from Antioch’s victory lane

first_imgANTIOCH, Calif. (June 7) – Hometown driver Michael Salazar returned to victory lane for the first time in two years Saturday night at Antioch Speedway. After taking the lead early in the IMCA Xtreme Motor Sports Modified main event, Salazar never looked back.“I’m worn out from that drive,” Salazar said after emerging from his car on a 90-degree night. “I did not know how close the second place car was, so I just drove as fast as I could and hung on.” That second place driver was Sean O’Gara, who had his best showing to date at the 3/8-mile high-banked oval.“It was tricky getting though traffic,” O’Gara said. “I got into the clear and did everything I could to catch Mike (Salazar).” Third place Carl Berendsen spun out and worked his way back to the top. Fourth place Terry Kaiser of Fairfield also had his personal best finish, despite a spectacular front-stretch crash at the start of the race.Kaiser, who began his career at the old Vallejo Speedway more than 30 years ago, glanced the wall and then was crashed into by Jake Dewsbury. “All I could see was a big tire coming at me through the window,” said Kaiser of the impact that caused Dewsbury’s car to climb atop his. “The car was mangled but still raceable. Coming back after that was a blast.”last_img read more

Bruce relaxed about name change

first_img Owner Assem Allam caused a stir last week when it was revealed he had dropped the ‘AFC’ suffix from the club’s official name after 109 years and would be focusing on marketing the team as the Tigers at home and abroad. The move was not met with much enthusiasm by the club’s fans, with a petition to contest the change quickly gathering over a thousand signatures. Hull manager Steve Bruce is unmoved by the decision to rebrand the club as the Hull City Tigers. Bruce, though, sees it as little more than a storm in a teacup. “It’s a couple of words, it doesn’t really make a difference as far as I’m concerned,” he told Sky Sports News. “The furore will die down a bit and we’ll still be Hull City next year, albeit Hull City Tigers not Hull City AFC. “I think if it’s more commercially attractive abroad then surely it’s up to the owner, who has bought the club, to say what he thinks.” Bruce has had a busy summer since winning promotion to the Barclays Premier League last term, bringing in Maynor Figueroa, Allan McGregor, Curtis Davies, Yannick Sagbo, Danny Graham and Steve Harper as well as making permanent the loan deals of George Boyd and Ahmed Elmohamady. But he is still looking to strengthen the centre of the park, with Corry Evans and Tom Cairney both leaving for Blackburn, the latter on loan, and Stephen Quinn struggling to be fit for the start of the season. “You’re always looking, that’s the manager’s job…always wanting one more,” he said. “We’re a little thin on the ground in midfield areas. We’ve let a couple out and it’s one area we are looking to strengthen. Hopefully by the time the window shuts we’ll get two or three bodies in that department to help us.” Bruce, whose side have an imposing away trip to Chelsea to start their campaign on Sunday, distanced himself from reports linking the club to Wolves striker Kevin Doyle. “It’s an area we don’t need strengthening in at the moment, it’s a little bit wide of the mark that one,” he said. “I’ve been linked with about 150 names over the mast few months…speculation can be wide of the mark but that’s the time of year.” center_img Press Associationlast_img read more