first_imgThe home at 10 Dialba Cres, Tingalpa.A KEEN bidder ensured a Tingalpa home sold when it went under the hammer last Saturday.The property, at 10 Dialba Cres, sold for $460,000 at auction. Marketing agent Sean Power if Raine & Horne Carindale said three buyers registered for the auction but one blew the others out of the water with an opening bid of $430,000.The local buyer followed up with a second bid of $440,000. More from newsCrowd expected as mega estate goes under the hammer7 Aug 2020Hard work, resourcefulness and $17k bring old Ipswich home back to life20 Apr 2020The auction stalled at that point and after some negotiations, the sole active bidder came back with a bid of $460,000, and the auctioneer declared the property sold. Mr Power said the new owner was a local first homebuyer. “He was very relieved. I think he was more nervous than the vendor the night before the auction,” Mr Power said. “He really had his heart set on the property.”Mr Power said Tingalpa was a buyers’ market at present.“We found one of the challenges we faced when marketing 10 Dialba Cres was there were multiple properties on the market at the same time,” he said.“There is a lot of competition on the market but this property was the best in the price range.”last_img read more

first_img“We now have more than NOK600bn in bonds with negative yields. That is equivalent to a quarter of our fixed-income portfolio, and in line with the markets.”Grande added: “Uncertainty about global trade and economic growth dampened returns early on, but markets rallied towards the end of the period, driven partly by the prospect of more expansionary monetary policy in developed markets.”The Norwegian krone continued to rally on foreign exchanges in the reporting period, extending its gains in the first three months of the year. This hit the value of the GPFG by NOK38bn, according to NBIM data. Inflows into the fund amounted to NOK6bn in the second quarter.The fund’s equities allocation continued to increase, rising to 69.3% of investments from 69.2% on 31 March, and up from 66.3% at the end of 2018.Meanwhile, the fixed-income allocation was unchanged from March at 28% and unlisted real estate contracted to 2.7% of the fund, from 2.8% three months earlier and from 3% at the end of 2018.The GPFG held NOK9.4trn in assets as of 21 August, according to its website.‘It’s becoming harder to mitigate against negative yields’ Norway’s giant sovereign wealth fund benefited from falling bond yields in the second quarter of 2019, but now holds more than NOK600bn (€60bn) in fixed income assets with a negative real yield.In its second quarter report, Norges Bank Investment Management (NBIM), which manages the Government Pension Fund Global (GPFG), revealed it made more on bonds than equities between April and June, with fixed-income investments returning 3.1%, while equities generated a return of 3%.The oil fund’s manager reported a positive overall return on investments of 3% in the second quarter, or NOK256bn – 0.2 percentage points below the benchmark – and said that equities had delivered a positive return despite volatile market conditions.Trond Grande, deputy chief executive of NBIM, said: “We had a positive return on our fixed-income investments thanks to falling yields. Chris Iggo, CIO for fixed income, AXA IMIn a client commentary published last week, Chris Iggo, CIO for fixed income at AXA Investment Managers, warned that the strong returns from fixed income so far this year would be “much harder to sustain” in the coming months.Investors faced “unprecedented conditions” in the asset class, Iggo said, with “more than 40%” of European investment grade corporate bonds, and 60% of European sovereign bonds, trading with a negative yield, including the entirety of the German Bund yield curve.“For bond investors it is becoming harder to mitigate against the impact of lower yields on portfolio decisions,” he added. “It might not be the time to take more credit risk, yet there is incrementally less reward for extending out along the yield curve.”He added: “We should be worried about lower and lower bond yields because they are sending very negative signals about the economic outlook, but they may cause some (as yet not fully understood) tensions in the financial system with structural implications.”last_img read more

first_imgBrookville, In. — The Indiana Youth Institute held the Youth Worker Café in Brookville to talk about the “State of Youth” in Franklin and surrounding counties.In Decatur County reports of child abuse and neglect have jumped three times from 2013 to 2016. The number of children living in poverty was down 1.1 percent from 2013 to 2016 and the number of persons receiving food assistance from the government is down 22 percent. Get the full Decatur County report here.In Franklin County reports of abuse and neglect are up about 30 percent from 2013 to 2016. IYI data analyst Kati Kinkaid says the sharp increase could be due to the opioid crisis. The number of children living in poverty decreased two percent to 13.9 percent and the monthly average number of people receiving food assistance from the government went down by about 30 percent for the same period. Get the full report here.In Ripley County reports of child abuse and neglect are up 1 ½ times from 2013 to 2016. The number of children living in poverty is up 1.8 percent from 2013 to 2016 while the number of people receiving food assistance from the government is down slightly. Get the full report here.A complete list of all county reports is here.last_img read more

first_imgPrices are falling at the pump as the coronavirus outbreak lowers demand worldwide.As of Saturday, the average price in the U.S. was $2.15 a gallon for regular unleaded, 44 cents cheaper than a year ago. Oil prices also plummeted because of a price feud between Saudi Arabia and Russia. Analysts with the Oil Price Information Service predict gasoline prices could drop another 40 to 70 cents by late April or early May.The lower prices might not be much benefit to many Americans who are staying home, as they practice social distancing or live under shelter-in-place orders.last_img read more

first_img Share Share Italian bookmakers face cruel summer as ADM sanctions shop closures July 27, 2020 StumbleUpon CT Gaming bolsters Italian profile with The Betting Coach  August 27, 2020 TVBET passes GLI test for five live games in Malta and Italy August 25, 2020 Related Articles Submit Italian bookmakers and wider industry stakeholders are making adjustments to the daunting reality that Russia 2018 will feature no Azzurri!For the first time since 1958, there will be no Italian representation at a FIFA World Cup tournament. Italy now faces a summer of soul searching for its downtrodden Calcio, as business analysts estimate a + €1billion hit for the Italian national economy.Marco Castaldo – MicrogameItalian betting prospects were discussed at SBC’s Betting on Football 2018 Conference (#bofcon2018), where Marco Castaldo, Chief Executive of Italian betting software supplier Microgame commented on summer adjustments that Italian betting stakeholders may face.“We expect to lose some turnover versus the last World Cup.  How much is difficult to estimate.  Margins will be impacted too, as bets that would have been made in Italy may move to more favoured contenders.  But the industry also loses a classic customer acquisition opportunity:  getting new punters to try betting by leveraging loyalty to their national team.”However, seeking to drive Russia 2018 engagement, with Italian football fans, Castaldo reveals that Microgame will launch its new network daily fantasy sports (DFS) product this June;“To help compensate, we will be launching our Daily Fantasy Sports network to coincide with the World Cup.  The idea is to provide players with a different type of engagement with the tournament since they won’t have their team to support.  We are merging with an existing network and are working to put all the leading operators together to create significant liquidity, which is what has been missing. With sufficient liquidity, Daily Fantasy Sports is an interesting game on its own.  But we also see it as an effective cross-selling tool into Sports Betting.”Although the Italian betting will have no Azzurri support this summer, Castaldo and Microgame remain confident on the sector’s long-term digital prospects and growth.As leader of Microgame, a supplier of tailored betting/igaming software,  Castaldo is buoyed by the positive response to the Italian governments new national tender for online gambling licenses.  Castaldo welcomes further foreign participation within the Italian sector, as new blood will drive competition and innovation between market new incumbents and legacy players.“In general, I expected interest but the number is a bit surprising:  more than 40 new operators, net of the renewals.   Observers believe the market will consolidate but after this licensing round, we could have over 110 operators, more than 4 years ago. ”“Probably, this reflects the underlying and persistent growth trend in the online segment, leading to significant interest from the last international operators who are not present.  After all, Italy is one of the largest regulated markets out there.  I believe we will also see a significant number of new operators from the local land-based gaming industry, who have finally decided that multi-channel is the way to go.  Put simply this may be the real news…”last_img read more

first_img“IT is difficult for my team to win the title as while a few of my main rivals are bolstering their squads, they are, at the same time, doing their best to deplete my team.” This is the perspective of a frustrated Corey Bennett, head track and field coach at Hydel High School, as he slammed rivals St Jago for consistently poaching his top talent. “We lost a quality girl, last year in Shaneil English, who went to St Jago, and at the start of this season, a similar situation occurred as Alysha Kelly, who missed Champs last year after transferring from Guy’s Hill, was ready to compete for us at the Championships, but like English, she was lured away to St Jago High,” said a very disappointed coach Bennett. “It is sad when one invests in these athletes and selfish people try to break what you try to build,” added Bennett, who stated that it would always be hard for his team to really challenge for the title if they consistently lost their athletes to other schools. Pressure mounting Despite losing English last year, Hydel, who, in fairness, also recruit heavily, was still able to overcome that hurdle and finished second behind Edwin Allen, and ironically, in front of St Jago. However, this time, Bennett believes things will be even more difficult for his team. “We have a good all-round team, but with those losses and twin sisters Shadae, an outstanding thrower, and Shardia Lawrence a very excellent triple jumper migrating to college overseas, we will have to dig deep to remain among the top three,” continued Bennett, who also stated that he would be taking a different approach this year. “We used to compete at every development meet in the past, and because of this, they were very exposed, and when they are beaten by other athletes, they are kind of unmotivated going into “Champs”. Now we are going to be a bit quieter by going to fewer meets and especially low-keyed ones – and then make a big push for Champs,” he said. Meanwhile, Bennett is tipping Edwin Allen to successfully defend its title. “Based on what I have seen so far, Edwin Allen looks a safe bet to win again as I don’t think they have lost much of the 100 points they won by, while teams like Vere Technical and Holmwood Technical have looked really good so far,” assessed Bennett. Hydel is undoubtedly the most improved team in the country in schoolgirl track and field. After entering the Inter Secondary School Sports Association (ISSA)/GraceKennedy Boys and Girls’ Championships in 2011, where they finished 11th among the girls, Hydel has enjoyed tremendous movement up the table. They secured their first top-10 finish the following year and have remained in the top five, with their best finish being last year’s second-place finish.last_img read more