Minister’s wife adds Townsville to property portfolio

first_imgMrs Dutton plans to convert empty retail spaced into a childcare facility.Situated next to Lavarack Barracks and only a short drive to Fairfield Waters and The Precinct in Idalia, Wulguru is popular for rentals with an indicative gross rental yield of 6 per cent based on a median rent of $300 a week.Deputy Mayor and Wulguru resident Les Walker said the suburb would be one to watch, with a major council development planned for Wulguru Park, to include dog off-leash areas and walking tracks.“Of course, I’d like to welcome the Duttons to our beautiful little neighbourhood, which I believe has long been Townsville’s best kept secret,” Cr Walker said.“It’s great to see that they chose to invest in suburban Townsville and not the CBD, which shows that there’s confidence in our market all across the city. We’ve been saying for a long time that Townsville is open for business and (the Duttons have) obviously got the message and seen the light. Hopefully more will follow.” Immigration Minister Peter Dutton and wife Kirilly have paid $760,000 for a commercial investment property on Eddison Street in Wulguru. Pic Annette DewMrs Dutton said the retail complex ticked all the right boxes.“I’ve been up there a few times to meet with business owners and have had discussions with Townsville City Council about my plans for the site,” she said. “To have a centre like that on Edison St, right across from a school, in my mind will create a real community hub. To have a mix of existing retailers is also very important to us as it will drive the business.”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 2020With five existing retail outlets in place, including a bakery, seafood shop, Chinese takeaway, hairdresser and mini mart — the purchase has been hailed as a boost of confidence by long-term owner of Edison Street Seafood, Carolyn Dare. Immigration Minister Peter Dutton and wife Kirilly have paid $760,000 for a commercial investment property on Eddison Street in Wulguru. Carolyn Dare of Edison St Seafood, said she was excited about the announcement.“We definitely welcome this investment as the centre has grown tired,” she said.“We’ve been told that (Mrs Dutton) is prepared to spend some money to spruce up the building, redo signs, renovate and so on. We can’t knock that.“Our demographic here in Wulguru has changed a lot since I first moved here 20 years ago. It’s not the old suburb it used to be. There are a lot more younger buyers coming through as the older residents are dying off.”With a median house price of $260,000, Wulguru is ranked seventh of Townsville’s most affordable suburbs, with prices down 18.8 per cent over the past three years. A total of 44 houses sold between October 2015 and November 2016, a relatively high number considering the suburb’s average hold period of 12.3 years.center_img Immigration Minister Peter Dutton and wife Kirilly have paid $760,000 for a commercial investment property on Eddison Street in Wulguru.IMMIGRATION Minister Peter Dutton and wife Kirilly have added to their property portfolio with the purchase of a retail complex in Wulguru. After more than 500 days on the market, Edison Plaza sold for $760,000 to RHT Investments — a property holding owned by Mrs Dutton.The property sold for $340,000 below its listed price, with the bargain buy set for a rejuvenation that will include a new childcare facility.With a current net income of around $104,000 a year, the property offers excellent growth potential, being opposite Wulguru State School, parklands, and only minutes from Lavarack Barracks.last_img read more

Dutch metal scheme PMT demands equal treatment on Swedish tax

first_imgThe ECJ will now consider PMT’s case against Swedish tax authorities after the Dutch scheme lost an appeal in a lower Swedish court.The Solicitor General of the European Court, however, has argued that the different tax treatment is justifiable. He said that, although the free movement of capital within the EU means a foreign shareholder must be treated equally to a local one, if a non-resident pension fund’s position is incomparable with that of a local scheme, a different treatment is allowed.He also pointed out that Sweden levies tax on a scheme’s total assets against projected returns to avoid affecting investment decisions through tax policy, as well as to keep tax revenues independent from the broader economy. PMT, the €60bn pension fund for the Dutch metal industry, has taken Sweden’s Inland Revenue to the European Court of Justice (ECJ) to demand equal tax treatment with Swedish pension funds.The Dutch scheme was forced to pay a 15% dividend tax on the €50m of Swedish equities it owned between 2002 and 2006 – a levy for which Swedish pension funds are exempt.PMT argues that national governments, as a matter of principle, should adjust their tax laws to create a level playing field between local pension funds and foreign schemes and demands a full refund. The scheme cited success in “similar cases” in Spain and Poland, where it managed to claw back more than €1.5m in paid taxes. read more

Former KPMG pensions advisory unit spun out as Isio

first_imgAndrew Coles, Isio CEOColes said one of the challenges for Isio will be to step up to the likes of Mercer, Aon and Willis Towers Watson and offer Isio’s services to the much larger pension schemes.He mentioned consolidation as a market trend offering opportunities for Isio.“Smaller schemes are not exempt from regulation and it’s becoming harder for them to keep up with their costs and liabilities,” he explained, adding that many will opt to join a consolidation scheme, including some larger pension funds.Isio offers a consolidation scheme – Enplan – which holds approximately £1bn in assets under management for more than 100 UK pension schemes.TechnologyColes told IPE that the defined contribution market is not moving fast enough to provide for members’ needs and there is a need to improve the member experience.“The industry is at a turning point and our belief is that pensions advice needs to adapt to the new world, with technology playing a key part in improving the member experience, the quality of data and the modelling of pension outcomes,” he said.He said Isio would be investing in various technological projects with that in mind. Coles said The Pensions Regulator’s imminent consultation on its funding code for defined benefit (DB) schemes in the UK will mean opportunities for the firm.He told IPE that regulatory change and market conditions in the UK are leading to increased demand for high-quality, outcome-focused independent advice as trustees realise that a “one-size-fits-all policy is not the answer” and seek a bespoke solution. Isio, the former KPMG UK pensions advisory practice that today launched as a new independent UK pensions advisory firm, sees opportunities in offering bespoke solutions, its CEO has told IPE.Isio launched today following the completion of its sale to Exponent Private Equity and the 20 partners who formerly led the pensions practice at KPMG.Isio advises more than 1,000 clients, ranging from mid-sized companies to FTSE 100 firms, on the management of pension assets worth over £90bn (€103bn). The firm will maintain its 500-strong team across its eight UK offices. Andrew Coles, who was head of the KPMG unit, has been appointed chief executive officer of Isio, and Roger Siddle, a private equity expert, has been appointed chair.last_img read more

$3.65 billion media merger includes papers in Batesville, Greensburg & Rushville

first_imgMontgomery, Al. — A report from the Indiana Business Journal says Community Newspapers Holdings Inc. will be sold off by parent company Raycom Media Inc. CNHI owns 100 community newspapers in 22 cities, including the Batesville Herald Tribune, Greensburg Daily News and Rushville Republican.The announcement comes after Atlanta-based Gray Television Inc. announced plans to acquire Montgomery, Alabama-based Raycom Media, Inc. The deal would create the third largest television broadcast group in the United States.“We are looking for a transaction or transactions that will carry on CNHI’s rich tradition of public service through award-winning journalism,” CNHI president and CEO Donna Barrett said in the statement.CNHI has retained a brokerage firm to examine the deal that could be worth more than $3.65 billion.  Regulatory approval is expected in the fourth quarter of 2018.last_img read more

September 18, 2018 Police Blotter

first_imgSeptember 18, 2018 Police Blotter091818 Decatur County Fire Report091818 Decatur County EMS Report091818 Decatur County Law Report091818 Decatur County Jail Report091818 Batesville Police Blotterlast_img

Rohr hits Olympic Eagles camp in Ismailia

first_imgRelatedPosts U23 AFCON: Olympic Eagles gun for Elephants Imama assures on Olympic Eagles Dele-Bashiru, Okonkwo join Olympic Eagles Super Eagles Technical Adviser, Gernot Rohr, has paid a solidarity visit to the camp of national U23 male team in Ismailia, Egypt, where the Olympic Eagles are preparing ahead of the U23 Africa Cup of Nations.The German tactician, who arrived Egypt late on Saturday evening was officially welcomed by the Head Coach of the Olympic Eagles, Imama Amapakabo, and his backroom staff at Mercure Hotels training pitch on Sunday morning.He said he is in Ismailia to support the Olympic Eagles before the team embarks on its mission in Egypt.Rohr said: “I’m here for a solidarity visit.“I believe some of you will join me at Super Eagles some day.“This team is full of potentials and I will be here to watch your first game against Cote d’Ivoire on Saturday.“I hope you will give all your best to make sure the team achieve its aim in this Afcon U23 tournament.“I will be leaving on Sunday because the Super Eagles are also preparing for the Afcon qualifiers.”The Olympic Eagles will kick off their title defence on November 9 at the As-Salam Stadium in Cairo. Tags: Olympic Eagleslast_img read more

Spring sports under way for MMA teams

first_img Fitness trainer is now cancer-exercise expert – October 12, 2014 Latest posts by Fenceviewer Staff (see all) Bio Fenceviewer Staff Schoodic Grange hosting sale – October 30, 2014center_img CASTINE — When they take the field for their first home softball games on Wednesday, March 20, two Hancock County athletes will be playing with the Maine Maritime Academy Lady Mariners.Sophomore Abby Yeo of Bucksport is one of the three pitchers on the Lady Mariner squad, and she’ll be throwing to catcher Leah Jackson, a senior from Dedham and one of the team’s three co-captains.The Lady Mariners struggled on a recent four-day trip to Florida, winning just one of seven games, but they’ll be looking to turn things around as they begin a 24-game schedule against both North Atlantic Conference and non-conference opponents.In their home opener, the Lady Mariners will play a doubleheader against Fisher College of Boston with games at 3 and 5 p.m.This is placeholder textThis is placeholder textThe Lady Mariners will host the Bates College Bobcats for a doubleheader at 1 and 3 p.m. on Saturday, March 23.The Mariner men also have begun their 2013 lacrosse schedule, losing their first three contests on the road.The Mariners will travel to face the University of Southern Maine on Saturday at 1 p.m. and will play back-to-back games on the road the following weekend, facing New England College in New Hampshire on Saturday, March 23, at 1 p.m. and Massachusetts Maritime in Portland on Sunday, March 24, at 1 p.m.The first home game for the Mariners will come on Friday, March 29, when they host Thomas College at 7 p.m.Find in-depth coverage of local news in The Ellsworth American. Subscribe digitally or in print. Town report wins award – October 11, 2014 Latest Postslast_img read more

Buckeye defense not fooled by trickery

first_imgStuffedSomehow Wisconsin put up 17 points on the best team in the land despite Donovan getting sacked a mind-boggling nine times.“They bring a lot of different looks — three down, four down, five down and they bring from the boundary, they bring it from the field, they bring it with man pressure,” Bielema said.Defensive end Vernon Gholston finished with a school record-tying four sacks alone, helping to limit Donovan from finding open receivers, especially in the fourth quarter.“There’s a reason why they’re the No. 1 team in the country right now. They’re just very fundamentally sound in all categories,” Donovan said. “Their D-line gets a lot of push up front. They’re really athletic and know how to play their coverages to their advantage.” COLUMBUS, Ohio — When Wisconsin kept its first series alive with a fake punt turned into a 31 yard pass-play from punter Ken DeBauche to backup punter Paul Standring, it seemed that the Wisconsin coaching staff was trying to pull out all the stops to keep the top-ranked Ohio State Buckeyes on their heels.“I wanted to do anything to get some energy, some momentum going,” Wisconsin head coach Bret Bielema said.Between offense and special teams the Badgers tried a handful of trick plays. The problem was because Ohio State didn’t blink, most of them backfired.“We thought we could get on them, and they weren’t falling for it,” UW quarterback Tyler Donovan said.Tight end Travis Beckum’s receiver option in the second quarter went nowhere. He got stuffed for a 9-yard loss. Daven Jones’ good return on a reverse on a kickoff was called back due to one of four block-in-the-back penalties.The most costly of them all, however, came when Wisconsin wasn’t trying to be cute, but DeBauche thought it was. DeBauche was supposed to kick it away, but due to a mix-up in the playcall signals, he faked and tried unsuccessfully to run for the first down deep in UW territory.“Blake (Sorenson) made the call, and I’m 14 yards away from the snapper, so whatever he said, I don’t hear,” DeBauche said. “The way we had practiced was if it was on, he would signal back to me, and he didn’t signal it on, and I didn’t get the signal off, so I assumed it was on. Me being unsure, I could have called a timeout.“It was bad timing for that play.”The play led to an Ohio State touchdown and put a damper on Wisconsin’s chances.Essentially, none of the trick plays reaped any rewards as the Badgers gained 28 yards on the four plays, indirectly leading to 3 points, and more importantly, 10 points allowed. Hill doesn’t playContrary to prior belief, starting tailback P.J. Hill was not going to play, period, Saturday due to a lower leg injury.“Basically from Wednesday on, we had a feeling that P.J. wasn’t going to be able to go good enough to go on Saturday,” Bielema said following Saturday’s game.Initial reports were that the sophomore would be a game-time decision.Freshman Zach Brown started at running back in Hill’s place. He wasn’t fazed running against one of the nation’s stingiest defenses, accruing 63 yards on 20 carries.“He’s not afraid of anything,” Bielema said. “He came in, he didn’t have big eyes. He mishandled a snap there at the end, but he did a pretty good job protecting the football, which was a concern for us.”center_img Three more downAlready without three starters entering Saturday’s game against the Buckeyes, the Badgers lost three more during the course of the game.Cornerback Allen Langford left the game midway through the first half with a knee injury. Soon to follow, right tackle Eric Vanden Heuvel was knocked out of the game with an injury to his right leg.The final blow came on Wells’ second touchdown run of the game at the start of the fourth quarter. Defensive tackle Jason Chapman, who found himself sprawled out on the field on a few occasions accompanied by the UW training staff, was helped off the field for the final time. He did not return.From the sound of it, both Langford and Chapman could quite possibly be out an extended period of time. Bielema didn’t mention the gravity of his tackles’ injury.“I don’t know how significant it is, but I do know that Allen’s was pretty significant, [the trainers] feel, and they feel the same thing with Chappy,” Bielema said.Return man David Gilreath also didn’t play much of the second half with what Bielema described as a tight hamstring.last_img read more

Lies Lagerweij scores winning goal as Syracuse field hockey squeaks past Louisville, 2-1, in overtime

first_imgSyracuse couldn’t get much offense going for the beginning of its game against Louisville on Friday. That led to more physical play on both sides, more talking between opposing players and more chatting with the refs.“It was very emotional, there was a lot of aggression,” said Lies Lagerweij, who scored the game-winning goal. “We knew it was going to be aggressive and in the moment there was nothing we could really do about that. You just got to be strong an if they are aggressive, we have to also come out aggressive”.No. 4 Syracuse (9-1, 3-1 Atlantic Coast) bested No. 7 Louisville (9-2, 1-2 Atlantic Coast) in a 2-1 overtime thriller Friday afternoon at J.S. Coyne Stadium. Lagerweij provided the winner in overtime after being awarded a penalty stroke for a foul committed by Cardinals goalie Ayeisha McFerran.Syracuse gathered many more chances in the second half and a large part of it was due to the officials’ ability to take control of the game and limit the aggression that plagued the team in the first half.Syracuse head coach Ange Bradley also commented on the game’s physical play with the Orange not making much progress in the first half.AdvertisementThis is placeholder text“With our ability to open the field and find holes, it puts ourselves into contests a lot with teams and that creates the aggressive tackling and that type of play,” she said.Deep into the overtime period, a push from behind by McFerran allowed SU to take a penalty stroke. The Orange sent in its goals leader, Lagerweij, to take the shot for the win.“I just couldn’t watch,” Bradley said of one of her best players stepping into the circle for that game-deciding shot. “It’s one of those things. It’s just nerve-racking.”Lagerweij connected on the scoring opportunity to record her ninth goal of the season. She was ready for the moment because of the preparation she puts in for these kinds of situations.“We always take strokes and make jokes that it’s the last minute of the game and today I actually had that chance,” Lagerweij said. “We’ve jokingly done this, but I think it really helped because we do this so many times in practice. You just need to decide where to put it and you just need to full-on go for it.” Comments Facebook Twitter Google+ Published on September 30, 2016 at 8:02 pm Contact Michael: | @MikeJMcClearylast_img read more

Immigration questions and answers

first_imgIn your case, since your U.S. Citizen Fiancée is going to fly to Colombia to marry you, once she returns, a Spousal Immigrant petition can be filed to initiate the process of bringing you to the U.S. as a U.S. Resident (Green Card holder). However, you won’t be allowed to immediately return to the U.S. along with your new wife, and instead you have to wait in Colombia for consular processing. IMMIGRATION – QUESTIONS AND ANSWERS Attorney Caroly Pedersen Question: I had a visitor visa to the U.S. and came to visit my girlfriend last year. The problem is that I miscalculated my time in America and stayed two days over the deadline. I did not know this was so serious until I tried to come to visit my American girlfriend recently (who is now my fiancée) but once I arrived in the U.S., the immigration officer said my American visa was terminated and I had to get back on the plane and return home. He also told me that I had to apply for a new visa at the embassy. That was such a bad experience and now I don’t know what to do. My fiancée and I want to get married, so she is going to come here to Colombia to get married, but we are not sure what happens after that. We need to know what we have to do so that I can travel back to the U.S. with her when she comes back home after we are married. It’s so hard to get a straight answer, everybody is telling me something different. Thanks  Answer: Yes, unfortunately, under Immigration regulations, once a foreign visitor overstays their period of authorized stay in the U.S. – by even one day, once they leave the U.S., they are not allowed to re-enter on their current Visa and are instead required to apply for a new B1/B2 Tourist visa at the U.S. Consulate in their home country. And, since the visitor overstayed, once they apply for a new visa at the U.S. Consulate abroad, the Consular officer is very likely to deny the request, effectively closing all possibilities for legally travelling to the U.S. again. The exceptions are immigrant visas, such as a Fiancée Visa and Spousal Visa (for foreign Fiancées & Spouses of U.S. Citizens). However, foreign Fiancées and Spouses are not immediately issued a Visa which allows them to travel to the U.S. until all the technical processing is complete, which takes 8+ months or more. Question: I am 26 years old and single. My mom got her American citizenship through her husband and sponsored me 3 years ago. I am trying to make plans for my future, so I want to get an idea of how much longer I need to wait to immigrate to the U.S. I saw an immigration website that says it only takes 1 yr since I’m unmarried and being sponsored by American parents, is that true? Answer: As the adult (over 18 years old), single child or a U.S. Citizen parent, you are in the F1 Immigration category. It will take about 7-8 years for an Immigrant Visa to become available. The USCIS website only provides processing time for the I-130 petition approval, but you still need to wait for an immigrant visa to be available in the F1 category. You can see current visa availability by visiting the current  Visa Bulletin website and looking for F1. I hope this is helpful.last_img read more