October 6

Palm Beach creekfront home has $2m price tag after being passed in at auction

first_imgAuctioneer Nigel Long in action. Photo: David Clark A crowd watches the auction of 45 Murlong St, Palm Beach. Photo: David Clark The property was passed in at $1.8 million on the weekend. Photo: David Clarkcenter_img A crowd gathered at the Ray White Broadbeach auction of 45 Murlong St, Palm Beach. Photo: David ClarkA PALM Beach creekfront property is on the market for $2 million after being passed in at auction on the weekend.The three-bedroom house at 45 Murlong Cres attracted a crowd of more than 50 people and six registered bidders according to Ray White Broadbeach agent Troy Fitzgerald.It was passed in at $1.8 million.But Mr Fitzgerald said he was confident the property would sell in coming weeks.“We’ve got negotiations going on now with a party and we’ve got a few other people who are interested,” he said.“There’s nothing on the market like it in Palm Beach.”More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North10 hours ago02:37International architect Desmond Brooks selling luxury beach villa1 day agoThe creekfront property is on the market for $2 million after being passed in at auction on the weekend. Photo: David ClarkThe 655sq m property backs onto Tallebudgera Creek and features 30m of water frontage.The highest sale on Murlong Cres is $1.8 million in November 2016 for number 30.Tallebudgera Creek divides Burleigh Heads and Palm Beach. The median house price in Burleigh Heads is $725,000; in Palm Beach it is $706,000.last_img read more

September 16

2 key performances lead to Badgers 2nd conference sweep

first_imgThe men’s hockey team may finally be able to shed the youthful tag it’s been wearing all year.After sweeping Alaska Anchorage (6-14-2, 3-14-1 WCHA) with 4-0 and 3-2 decisions at home, Wisconsin (12-10-2, 7-9-2 WCHA) earned its second conference sweep of the season – third sweep overall – and finally broke above a .500 record.Junior forward Derek Lee broke the sweep down to the bare essentials that made the distinction between a win and a loss.“It’s the little things that we did this weekend,” Lee said. “And a lot of guys stepped up for us.With seven goals on the series coming from seven different Badgers, Wisconsin was looking consistently stronger than it has throughout the first half of the year.But it was two key performances that made the difference in each game.Schultz continually a game-changerJunior defenseman Justin Schultz will always be a catchy topic. It’s rare for him to not make a difference in any performance and whether by assist or goal, he – along side sophomore Mark Zengerle – is normally quarterbacking UW’s offense.With four assists and a goal on the weekend, Schultz ended with a plus-7 on the ice.But without a beautiful backhanded pass from Schultz, UW wouldn’t have swept UAA and could be cemented at its .500 status.Streaking up the right side, Schultz took a pass from freshman forward Joseph LaBate at center ice. Schultz drove all the way to the net before tapping it out to LaBate in the slot, who notched the go-ahead goal.“I don’t think he gets tired, to be honest with you,” Lee said. “He’s just so effortless when he skates. Basically he’s so competitive that he wants to be out there. It showed tonight once again; every night it shows. He’s a game-changer. It was a real nice pass over to LaBate to finish it.”While Lee joked about his fellow Canadian’s playmaking ability, Eaves spoke about Schultz’s heightened fitness and mechanics.“I think one of the Justin has going for him is because he’s such an effective skater, he doesn’t have to work as hard as some people do when they skate,” Eaves said.Rumpel stone cold in shutoutIn a 4-0 decision Friday night, freshman netminder Joel Rumpel could not have been more solid in net or look more sure of himself. After turning away 23 shots, Rumpel earned his second shutout in a three game span and of the season.The last time a rookie posted two shutouts in a single season for the Badgers was in the 1980-81 season.Head coach Mike Eaves broke Rumpel’s performance down to the simple metaphor – that incidentally mixed two opposites.“His virtue is his vice,” Eaves said Friday night. “His virtue of having ice in his veins is a very good thing as a goaltender because he’s not going to get rattled. At the same time that pilot [light] in his belly has got to be lit.”And it certainly was.While Rumpel gave up two goals the following night, he still faced a total of 50 shots on the weekend, resulting in 48 saves.Rumpel has started all six games since the break and has only allowed eight goals through that stretch, going 5-1.“He’s patient in there, and his rebound control has been looking really good,” Zengerle said, speaking to Rumpel’s development throughout the season. “There were some shots today, they were tough shots, a lot of deflections that he moved and got the save on.”Notoriously one of the most laid-back players on the team, Rumpel’s calm demeanor and maturing confidence in the crease has started to trickle through the rest of the locker room.“He’s one of the most laid back goaltenders I’ve ever played with; I think all the guys would agree with that,” freshman Jake McCabe said. “It was kind of scaring us at first. Usually your goalies are all nervous before the game, but he’s nice and relaxed. I think it’s starting to get us relaxed. We see him in net, nice and confident.”While Rumple wasn’t able to cap off the sweep with another shutout, he still made key saves that kept the Badgers in the game.Through the beginning of the second half of the season, Rumpel has started to pull away as Eaves’ go-to goalie, but the freshman can’t lose whatever is currently fueling his play.“We as a coaching staff don’t to want him to ever lose that ice in the veins because that’s one of the skills he has, but he … is raising that level of competitiveness by turning up the flame in his belly,” Eaves said.last_img read more

December 19

Enough Fish to Go Around

first_img(Visited 20 times, 1 visits today)FacebookTwitterPinterestSave分享0 Rights-based fishery policies can guarantee a rapid rebound of fish stocks, biomass and profits for fishermen.A surprising study in PNAS scores a win for private property, appropriately managed. Though many environmentalists have been worried about the collapse of seafood markets due to overfishing, a dozen scientists from the University of Washington, University of California at Santa Barbara and the Environmental Defense Fund have found a path to recovery: stop “business as usual” policies, and veer toward “rights based” fishery policies. PhysOrg explains how it works:The analysis suggests that implementing reforms such as those based on secure fishing rights are critical to providing the combined benefits of increased fish populations, food production and profits. “Fishing rights” is a fishery management approach that ends the desperate race to fish by asking fishers to adhere to strict, science-based catch limits in exchange for a right to a share of the catch or to a traditional fishing area.“We now have a clear roadmap for how to recover fisheries: Give fishermen secure fishing rights so they can control and protect their future,” said co-author Amanda Leland, senior vice president for oceans at the Environmental Defense Fund. “Countries from the U.S. to Belize to Namibia are leading a turnaround by implementing secure fishing rights and realizing benefits for people and the oceans.“Although they don’t mention the old economic problem of “tragedy of the commons” that drove early pilgrims to near starvation until they were given control over private plots of land, the principle appears the same. Rights to fish certain areas without competition, except for agreement to sustainable catch limits agreed in advance, give fishermen the incentive to protect their areas and make them as productive as possible. Since they know that overfishing would drive them out of business, they would have the incentive to protect and control their future by conserving their fishing rights.This is a win-win situation all around, the scientists calculate after looking at the most heavily-fished areas around the world. Even with the expected rise in world population and seafood consumption, there should be plenty to go around under rights-based fishery policies, if implemented now.Applying sound management reforms to global fisheries in our dataset could generate annual increases exceeding 16 million metric tons (MMT) in catch, $53 billion in profit, and 619 MMT in biomass relative to business as usual. We also find that, with appropriate reforms, recovery can happen quickly, with the median fishery taking under 10 y to reach recovery targets. Our results show that commonsense reforms to fishery management would dramatically improve overall fish abundance while increasing food security and profits.The methods could include cooperatives, territorial rights or individual transferable quotas to achieve the conservation and ecological objectives. Costs to consumers, they figure, are only a fraction of the potential benefits. Some of these benefits have already been seen in the experience of Iceland, New Zealand and Australia. Moreover, it would not be necessary to put some areas off-limits to fishing, because the rebound will more than offset the time to recovery:Our results suggest that some of the greatest economic improvements in fisheries may come more from improving institutions than from improving the status of fished stocks. Furthermore, these gains in profit can occur quickly following institutional reforms, because they do not exclusively rely on stock recovery. Such rapid economic gains can help offset many of the necessary short-term costs associated with stock recovery when catches must temporarily decline to enable recovery.In fact, the tradeoffs are few. It’s good policy all around. Fish will like it, fishermen will like it, and consumers will like it. It seafood prices rise temporarily, they will likely fall when supply increases.Our results suggest that a suite of approaches providing individual or communal access rights to fishery resources can align incentives across profit, food, and conservation so that few tradeoffs will have to be made across these objectives in selecting effective policy interventions.As for seafood prices, they say, “Although we have not explicitly modeled effects of fishery reform on consumers, they are likely to benefit from the catch increases (and price decreases) that arise from fishery recovery.”Rights-based conservation differs drastically from the intuitive tendency of governments and bureaucrats to regulate things. “No fishing” signs could be replaced with licenses for individuals and groups to take ownership of areas, giving them both control of their destiny and incentive to protect it. Such “commonsense” reforms can’t come too soon. Christopher Costello of UCSB says, “Our research reveals a stark choice: Either manage fisheries sustainably and realize the tremendous potential of the world’s oceans, or allow the status quo to continue to draw down the natural capital of our oceans.”Why does it take some people so long to re-learn the benefits of free market economics? Have they never learned about Adam Smith? If these principles seem unfamiliar, take a primer at Prager University (here’s another). Academics and government regulators usually resort to tried-and-true capitalism when some crisis beats them over the head. Their natural tendency is more government, more regulation, and less liberty.God gave us a planet loaded with resources to sustain a large population which He anticipated when He commanded both Adam and Noah to “be fruitful and multiply.” He also gave us Ten Commandments that teach us to respect property rights (Thou shalt not steal, Thou shalt not covet what is thy neighbor’s). Notice that these commandments were given to sinners, not saints. God knows that the recipe for peace and prosperity in a fallen world requires thinking of our neighbor (the customer) as much as we think of our own desires. That’s the foundation of market economics.Exercise: What about endangered species? If tuna fishermen only care about catching tuna, what happens to sea turtles and dolphins caught in their nets? Would rights-based fishery policies help or hurt other species in the area? To what extent should government intrude on rights-based policies? Explain your answer. (Hint: what would the rebound of target species imply for the entire food web?)last_img read more

December 18

Billions invested under auto programme

first_img12 October 2011South Africa’s Motor Industry Development Programme – set to be replaced by a new programme in 2013 – has facilitated more than R32-billion in investments since 2000, with R4-billion to be invested in 2011, Trade and Industry Minister Rob Davies said at the opening of the 2011 Johannesburg International Motor Show on Monday.The motor industry is a substantial employer in South Africa, contributing at least 6 percent to the country’s goss domestic product and almost 12 percent to its total exports.Despite the knock the industry took as a whole due to the global recession of 2008-09, with at least 20 000 jobs lost since 2008, many more still benefit from employment opportunities.“An estimated 90 000 people are directly employed in automotive manufacturing, whilst about 200 000 are employed in retail and aftermarket,” Davies said.New incentive programmeA new incentive programme, the Automotive Production and Development Programme (APDP), will come into effect in 2013, seeking to pick up where the MIDP leaves off by stimulating the expansion of local production to 1.2-million vehicles per annum by 2020.Davies said the sector would also benefit from new preferential procurement regulations that come into effect on 7 December.The regulations will empower the Department of Trade and Industry to designate industries where tenders should prescribe that only locally manufactured products will be considered, or that only locally manufactured products with a prescribed minimum local content threshold will be considered.“Government is also embarking on a procurement effort in support of local production,” Davies said.“In the automotive industry, we are looking at designating buses for local procurement, wherein we would seek for government and state agencies to buy locally manufactured buses. We may also include other categories of vehicles.”Source: BuaNewslast_img read more

December 16

More Than 60 Apps Downloaded per iOS Device

first_imgFrom this analysis, Dediu says there are three conclusions he can make:Apps overtaking digital music is a watershed event. Apps are a new medium: they will impact all other media.As the number of apps attached to any single device continues to increase, apps create increasingly higher switching costs for users.Apps consumption is increasing at a rate to overtake the PC software market.On Switching CostsI have to take slight issue with #2, at least in terms of iPhone to Android switching. Outside of a small handful of beloved apps that were iOS-only, I didn’t have any issues (well, in terms of apps) when switching from the iPhone 4 to the Nexus S. All the major applications and brands are present on both platforms.Of course, as I noted before, I’m not a gamer, so I didn’t have significant investments in expensive apps. Some people will feel the cost more than others. If you’re someone who almost always tried to find a free, ad-supported or low-cost alternative to a paid app or utility first, then you don’t have a significant app investment to lose upon switching. But for those of you who have dumped hundreds of dollars into mobile apps, yes, switching may hurt more than a bit. It just depends on what kind of user you are.But there are other “costs” involved in switching beyond the financial cost, obviously. There’s also the time it takes to re-download and reconfigure all your apps on a new device. (Not an issue when going from Android to another Android, though). But as a recent switcher myself, I found it was a good time to think about what apps I really needed and used – it was a clean slate where I could start fresh. With now some 400,000 apps available on iTunes, regular app cleanup and deletion is going to be an ongoing challenge even for those who don’t switch, mind you.That’s not to say the point isn’t valid, I’m just saying it depends. Switching costs vary by user, but yes, in general, they’re probably increasingly difficult. So maybe I don’t take issue with the statement at all, now that I think about it? I guess not – it’s generally correct. However, points #1 and #3 are fairly obvious and accurate statements, no qualifications needed. Why IoT Apps are Eating Device Interfaces sarah perez Role of Mobile App Analytics In-App Engagement Tags:#Apple#apps#mobile#Trends What it Takes to Build a Highly Secure FinTech …center_img Looking for hard data detailing the explosion of the app economy? Helsinki-based mobile analyst Horace Dediu of asymco released yet another series of charts this week where he explains how he came to the conclusion that more than 60 apps have been downloaded for every iOS device sold.In the fall of 2008, there were only around 10 apps downloaded for every iPhone/iPod Touch, Dedui says. Only two years later, the rate is five times higher.This data comes at a time when the iTunes App Store is about to reach 10 billion downloads, a milestone expected to be reached this month.In comparing the app downloads to the downloads of iTunes songs, Dediu found that it will take apps less than half the time to reach 10 billion downloads than the time it took songs (31 vs. 67 months). Apps are now running at above 30 million downloads per day, and that figure is still growing. The Rise and Rise of Mobile Payment Technology In order to determine if this is because the installed base of iOS devices is also growing at the same rate, Dediu performed some additional calculations. He divided the cumulative apps downloaded by the cumulative devices sold. This is where he came up with the 60 apps per device number. And this too, is still growing, by the looks of the chart. Related Posts last_img read more

December 15

Lenovo Moto has no plans for wearable market in 2017

first_imgLenovo Moto has confirmed it will not launch a wearable device in time for the scheduled Android Wear 2 launch and has no current smartwatch plans.Google is expected to launch Android Wear 2 early next year, but Lenovo doesn’t see the update as major enough to warrant a new smartwatch.See Also: You can bend phones, so why not wearables?Speaking to The Verge, Shakil Barkat, head of global product development at Moto, said he doesn’t see major interest in smartwatches at this time, but left the possibility of future smartwatch launches should the technology and software improve.“Wearables do not have broad enough appeal for us to continue to build on it year after year,” said Barkat. “We believe the wrist still has value and there will be a point where they provide value to consumers more than they do today.A blow for Android WearIt is a blow for Android Wear, which is already seeing a downturn in interest, as Apple starts to consolidate its position as leader of the smartwatch market. Moto was one of the first manufacturers to build an Android Wear smartwatch, the Moto 360, but sales haven’t been as high as Google, Lenovo, or Moto expected.Lenovo, the owner of Moto, has been quietly restructuring the company in the past year, trimming some of the fat and updating the brand. The decision to back away from the smartwatch market may be a direct order from Moto’s Chinese owners.Without Moto, Google is going to struggle to find innovative manufacturers that can make breakthroughs in the market. It has already lost Samsung, who decided to start using Tizen OS for most of its smartwatches instead of Android Wear. Related Posts Follow the Puck Internet of Things Makes it Easier to Steal You… Tags:#Internet of Things#IoT#Lenovo#Moto 360#Motorola#smartwatch#wearable center_img David Curry Small Business Cybersecurity Threats and How to… Why IoT Apps are Eating Device Interfaceslast_img read more

September 13

In Other News DOD Considers Additional Bases to House Migrants

first_img Dan Cohen AUTHOR With two Texas installations already preparing to accept migrant families and unaccompanied minors apprehended crossing the nation’s southern border, federal officials now are considering additional bases in Texas, Arizona, New Mexico and California as candidates to house immigrants, a DOD spokesman said Monday. In Texas, Goodfellow AFB will take up to 20,000 children and Fort Bliss will handle up to 12,000 undocumented families. DOD will be prepared to house at least a portion of those immigrants by Aug. 14, reported Stars and Stripes.Photo courtesy of U.S. Customs and Border Protectionlast_img read more

September 12

Tame Impala Announce Currents Reissue Box Set

first_img Facebook The Currents – Collector’s Edition vinyl box set is due out on Nov. 17, and is now available for pre-order via the band’s website.Tom Waits Announces Six-LP Vinyl Reissue SeriesRead more The band is now accepting pre-orders for the deluxe vinyl reissue of their GRAMMY-nominated 2015 albumBrian HaackGRAMMYs Oct 24, 2017 – 2:51 pm Tame Impala fans have a special treat coming their way this holiday season, as the band has just announced a massive vinyl reissue of their acclaimed 2015 album, Currents.Currents earned Tame Impala a GRAMMY nomination for Best Alternative Music Album at the 58th GRAMMY Awards and was ranked No. 13 on the Rolling Stone list of the 50 Best Albums Of 2015.The deluxe reissue package will include a limited-edition pressing of the album on marbled red vinyl, a 12-inch vinyl LP containing two remixes, a flexi disc with three B-sides, and a collection of alternative album artwork, photos, and sketches made during the album’s recording sessions. Tame Impala To Reissue ‘Currents’ Vinyl Box Set tame-impala-announce-currents-reissue-box-set News Email Tame Impala Announce ‘Currents’ Reissue Box Set Twitter https://www.instagram.com/p/Bam7H0blVt7last_img read more

September 5

Heres why Hexaware wants to buy Mobiquity for Rs 1266 crore

first_imgHexaware TechnologiesWikimedia CommonsHexaware Technologies announced its acquisition of US-based Mobiquity for about Rs 1,266 crore on Friday. This is the largest investment by the company and the duo aim at competing for major digital consulting rivals.The Reason:The Mumbai based IT company acquired Mobiquity to initiate a cloud workspace and help in accelerating their contributions to their customers’ business growth. Mobiquity will allow global recognition to Hexaware with its centres in Florida, Boston, Philadelphia, New York, Amsterdam, Pune, and Ahmedabad.”Hexaware enters an exciting new phase of growth and capability with the acquisition of Mobiquity Inc. Mobiquity strengthens two of our key strategic offerings: Cloudify Everything and Customer Experience Transformation. We are seeing strong demand for these capabilities and, with this acquisition; we will be able to further accelerate our contributions to our customers’ business growth. Both Hexaware and Mobiquity have created a very strong impact on their clients and have a mutually complementing position. Our combined capabilities will enhance our market positioning and opportunity to make an impact for our clients,” said R Srikrishna, CEO, Hexaware Technologies.Mobiquity is associated with some well-known brands in the world, such as Amazon Web Services, Rabobank, Philips, Wawa, Backbase and Otsuka. It is the largest independent consulting firm that specialises in creating multi-channel digital experiences using cloud technologies.”Today we start a bold new chapter in Mobiquity’s growth story. Joining hands with Hexaware gives us added scale, a broader portfolio of offerings that are relevant to our clients’ digital journeys, and the opportunity to strengthen the Mobiquity brand,” John Castleman, CEO of Mobiquity, said.As per a regulatory filing, Hexaware agreed to a cash deal of an upfront payment of about Rs 913 crore and a deferred payment of about 356 crores by earnouts. The filing also added that the acquisition will help gain traction in banking and pharma verticals, which are the focus areas for the company.Mobiquity made a revenue of about Rs 488 crore in the calendar year 2018. At the same time, Hexaware had reported revenues of about Rs 1,264 crore in the first quarter of 2019, showing an annual growth of 10.9 per cent.The acquisition announcement by Hexaware has seen a significant share price hike of 3.64 percent. Last year, Hexaware saw a share price fall of 20 percent but has gained by 7 percent in the second quarter.last_img read more

September 3

From Churchill to Mahathir Political second act

first_imgMahathir Mohamad reacts during a news conference following the general election in Petaling Jaya. ReutersWith his shock victory in Malaysia’s election, Mahathir Mohamad has pulled off a political second act that few expected, joining the select ranks of politicians who have revived their careers.The 92-year-old former strongman ruled Malaysia with an iron fist for more than two decades before stepping down, but returned to political life to challenge his own former party, snatching a surprise win in Wednesday’s poll.Here are some other political figures who have had second, and even third acts during their careers:Winston ChurchillWinston Churchill is revered for leading Britain from the verge of defeat to victory in World War II, but his political career was far from smooth sailing.Churchill was forced to resign from government in 1915 after the disastrous Gallipoli campaign, and his eventual return to the cabinet was contentious.Appointed prime minister in 1940, he won acclaim for his rousing leadership during the war, but suffered a shock defeat in the 1945 election and was forced into the opposition.In 1951, he won a second term as prime minister, but resigned several years later as his health deteriorated.The ups and downs of his career have been cited as inspiration by other politicians looking for their own turnarounds.Shinzo AbeShinzo Abe became Japan’s youngest-ever prime minister when he took office in 2006 at the age of 52.The son of a former foreign minister and grandson of a former prime minister, Abe seemed destined for political office.But he resigned after just a year, hit by scandals and political disappointment and debilitated by health issues.In 2012, he made a shock political comeback, returning to office on a pledge to revive Japan’s economy with his signature “Abenomics” programme.He has said he was encouraged to seek a path back to power by reading a biography of Churchill entitled: “Never Despair.”Silvio BerlusconiBillionaire Italian media mogul Silvio Berlusconi is perhaps the perennial political comeback kid, serving as prime minister three times, despite a string of scandals and legal woes.After a first two-year term, he returned to power in 2001 following a campaign in which he sent a book boasting of his achievements to 15 million Italian homes.He lost power in 2006, but returned to office two years later, only to see his premiership go down in flames over sex scandals and a financial crisis.A tax fraud conviction means he is now barred from office, but that didn’t stop him seeking to become a kingmaker by backing a protege in March elections.The gambit failed, with the ever-confident former cruise ship crooner attributing his party’s poor showing in large part to his absence from the ticket.Israel’s Benjamin NetanyahuA divisive figure at home and abroad, Israel’s Benjamin Netanyahu has nonetheless proven a political master.He became Israel’s youngest prime minister when he first won office in 1996, but was ousted just three years later by the opposition Labour party.He returned to government as a minister with his right-wing party in 2002, eventually winning a second term as prime minister in 2009.He has since earned the nickname “King Bibi”, fighting off a series of challengers despite the notoriously fractious and treacherous nature of Israeli politics.Written off multiple times over corruption scandals and criticism for his brash and undiplomatic style, he is now Israel’s second longest-serving prime minister, and the only one ever to be re-elected three times in row.last_img read more