Most of us swing our arms when we run, but why? Scientists know there is a mechanical benefit to the motion: Swinging arms counterbalance the momentum of a person’s legs, providing stability to the runner. The jury was out, however, on whether the activity saves energy. In a new study, researchers compared the energy cost of running in four different positions. The experiment looked at 13 subjects’ oxygen consumption and carbon dioxide production while running. Reporting this week in The Journal of Experimental Biology, the team concludes that swinging your arms uses 3% less energy than keeping your hands behind your back, 9% less energy than folding your arms over your chest, and 13% less energy than running with your hands above your head. The study notes that the muscular power used while holding the arms in unusual positions may contribute to some of the extra energy cost.
Their confidence sky-high after an unbeaten run in the league stage, a vivacious India will lock horn with arch-rivals Pakistan in what promises to be a cracker of a final in the inaugural Asian Champions Trophy hockey tournament in Ordos on Sunday.After their pulsating 2-2 draw in the group match on Friday, the stage is set for another thrilling encounter between the traditional rivals.In the group match, India fought back after being 0-2 down as both teams played a cautious game intent on reaching the final.Sunday should see a thriller as both have nothing to lose, though the hockey fans in both the nations would love to see their respective teams to triumph.India have done well to reach the final. Critics and a host of former players believed that the team without the stars will not be able to deliver. But Michael Nobbs’ team has surprised many.India is the only unbeaten team in the championship and with a goal difference of +7, it is ahead of the others in the scoring department.The forward line has been India’s biggest trump card in the Champions Trophy. From the moment, they beat China 5-0, the momentum was there to piggy back on.Twice, India has fought back from deficits against Malaysia they were losing 1-2 and drew the match 2-2. Against Pakistan they were down 0-2 and fought back with two goals.It is that spirit that India would play on in the final against Pakistan.”This team has handled pressure like pros. They needed an incentive and now the team has got it by playing a final.advertisementWhatever the result, we will throw everything into the match,” India’s coach Nobbs said.
ARIESThings happen quickly and you need to take snap decisions or stand to lose opportunities today. You are likely to fall in love with a new person or idea that takes you through new experiences and emotions. Overseas communication and visitors can be expected. Lucky number 8. Colour pastels. TAURUSYou can actualize long term goals if you start working on them today. You reflect emotionally in the other and feel fulfilled, as feelings are reciprocated. Sometimes friends become enemies and enemies become friends as the tide turns and attitudes change. Lucky number 1. Colour pink. GEMINISurprises and unexpected happenings are on the cards today. A mystical experience gives you a sense of wonder and elation. Since this is a day of happenings, just sit back and watch the magic in your life unfolding. A loved one may arrive to surprise you. Lucky number 6. Colour ebony. CANCERYou take control and clean up a mess at home or at work with speed and alacrity. Love and romance in personal relationships add to your happiness and satisfaction. You achieve goals by focusing on priorities rather than depleting energy in multifarious activity. Lucky number 9. Colour reds. LEODespite varied interests your position of power and authority is retained. You tend to be restless and make plans to travel overseas. Practice of Yoga can help you calm down and feel relaxed. You go beyond the heart and mind to find valuable answers and insights. Lucky number 21. Colour blues. VIRGOYou aim for the highest and do not make compromises. A professional opportunity promises name and gain. You indulge in busy schedules and competitive sport. You have a vast reservoir of energy available and can tap into it by getting centered and silent within. Lucky number 1. Colour red. advertisementLIBRAYou are enduring in professional ventures and manage finances, staff and schedules efficiently. You are ingenious and creative when faced with challenging situations today. You are cautious, trustworthy and imperturbable when the going gets tough. Lucky number 17. Colour sandy browns. SCORPIOYou may be stressed and involved in two different aspects or conflicts that need attention and resolution today. Avoid arguments, lengthy professional meetings and discussions, as they lead nowhere. Be light and spontaneous to hit the right note in situations. Lucky number 8. Colour reds. SAGITTARIUSYou play the role of advisor, sharing your experience with others. An older man offers you a lucrative assignment. You are loving and caring in established personal relationships and can expect loyalty and support. Put financial investments on hold. Lucky number 18. Colour blue. CAPRICORNYou are laborious and clever with material aspects and manage finances and business ventures with ingenuity and success. Health problems for you or family members can be resolved with natural healing and alternate therapy. Parents may need your attention. Lucky number 5. Colour brown. AQUARIUSYou are swift and confident while contributing to professional projects. You are just and fair while participating in family affairs. Personal relationships are nourishing and supportive. You are in good health and indulge in sport or healthy entertainment. Lucky number 14. Colour green. PISCESYou make new beginnings in relationships with a positive and loving approach. A fresh approach or path opens up for you to complete a difficult assignment. A surprising turn of events may change your plans and intentions. Adopt a broader perspective of life. Lucky number 17. Colour white.
Newly-appointed India football coach Igor Stimac has announced a list of 37 probables for the preparatory camp for the King’s Cup slated to be held in Buriram, Thailand, from June 5 to 8.The preparatory camp will be held in New Delhi from May 20.Stimac said: “I respected the choice of the squad which represented India in the AFC Asian Cup UAE 2019. The rest of the players have been added post my research watching I-League and ISL matches. I found some players quite interesting, and have summoned them to the camp.”I am eagerly waiting to land in New Delhi and get on the task immediately. I have always cherished new challenges, and I am looking forward to coaching the Blue Tigers,” he added.Striker Jeje Lalpekhlua, who is likely to be operated in the third week of May, wasn’t considered for the camp as were a host of other players like Halicharan Narzary (knee injury), Mandar Rao Desai (hamstring injury), Ashique Kuruniyan (knee injury), Narender Gehlot (knee injury) and Jerry Lalrinzuala.The King’s Cup will be followed by the Intercontinental Cup in July.The list of 37 probables stays as follows: Goalkeepers: Gurpreet Singh Sandhu, Vishal Kaith, Amrinder Singh, Kamaljit SinghDefenders: Pritam Kotal, Nishu Kumar, Rahul Bheke, Salam Ranjan Singh, Sandesh Jhingan, Adil Khan, Anwar Ali (Jr), Subhasish Bose, Narayan Das.Midfielders: Udanta Singh, Jackichand Singh, Brandon Fernandes, Anirudh Thapa, Raynier Fernandes, Bikramjit Singh, Dhanpal Ganesh, Pronay Halder, Rowllin Borges, Germanpreet Singh, Vinit Rai, Sahal Abdul, Amarjit Singh, Redeem Tlang, Lallianzuala Chhangte, Nandha Kumar, Komal Thatal, Michael Soosairaj.advertisementForwards: Balwant Singh, Sunil Chhetri, Jobby Justin, Sumeet Passi, Farukh Choudhary, Manvir Singh.Also Read | Chennaiyin FC suffer first defeat in AFC Cup, lose 2-3 to Abahani DhakaAlso Read | Sunil Chhetri is all praise for newly appointed Indian coach Igor StimacAlso See:
Photo/Dustin tackett Photo/Dustin TackettThe Everett Golson era at Florida State may very well be over. Jimbo Fisher made the switch to Sean Maguire during FSU’s 31-17 win over N.C. State on Saturday, a move that may well be permanent going forward. Fisher told the media that Maguire will start this weekend’s game against Chattanooga.“(Maguire) will start this week,” Fisher said. “Yes he will.”Maguire was 18-for-28 through the air, for 231 yards and two touchdowns, after replacing Golson, who threw two early interceptions. Fisher says that Maguire’s play gave the team a much-needed lift.“The energy grew. He was being vocal, being a leader,” Fisher said. “And then all of our guys got that bounce and got some urgency and he was the spark. He made a couple really nice plays under pressure. The guys appreciated that.”After facing the Mocs on Saturday, FSU takes on rival Florida, which is still in contention for a College Football Playoff berth at 9-1, with the SEC East clinched. A 10 win season would be a pretty strong result for a Seminoles team that has dealt with uncertainty at quarterback through much of the season.[Dr. Saturday]
zoom Germany-based shipping company Zeaborn Group signed a deal to acquire business operations of compatriot liner services specialist Rickmers-Linie, owned by Rickmers Holding, on February 7, 2017.The planned sale also includes the entire operating business of Rickmers’ subsidiaries, MCC Marine Consulting & Contracting, a bunker and chartering broker, and NPC Projects, which was acquired by Rickmers in July 2016 and offers a heavy lift tramp service.The transaction needs to be approved by financing banks of the Rickmers Group and anti-trust authorities.Upon closing of the transaction, Rickmers-Linie and MCC (the sellers) will pay compensation in the single-digit million-euro range. However, the parties did not reveal the price details.Under the deal, Zeaborn will have the right to use the brand names Rickmers-Linie and Rickmers-Line but only within the scope of activity of the business to be acquired.“With the growth of our fleet, we were faced with the challenge of building a global organization. Everyone who knows the shipping industry knows that this is a very challenging task in our time. In this respect, it’s a fortune for our development that Rickmers-Linie was available at the right time,” Jan Hendrik Többe, Managing Partner of Zeaborn, explained.“Rickmers-Linie gets new powerful shareholders who want to expand their activities in the MPP segment. With Zeaborn, we have the right partners to play an active part in the consolidation of the heavy and MPP sector in a currently difficult market situation,” Ulrich Ulrichs, CEO of Rickmers-Linie, stated.Rickmers-Linie said that the sale of the business segment has no impact on its workforce, shipping routes and tonnage under long-term charter.Together, Zeaborn and Rickmers-Linie (with NPC and MCC) have a combined fleet of about 50 multi-purpose vessels, with deadweight capacities between 7,500 and 30,000 tons, and a combined lifting capacity of up to 700 tons.The Rickmers Group will focus in the future on the activities of its Maritime Assets and Maritime Services business segments, according to Rickmers-Linie.
CAPE BRETON REGIONAL MUNICIPALITY: Route 305 The one lane bridge on Route 305, Leitches Creek will be closed for repairs from Wednesday, Jan. 17, until further notice. A detour route will be available via Highway 125. Local Area Office: 902-756-2697 Fax: 902-756-3458 -30-
Advertisement One approaches every new Canadian comedy or drama with trepidation. So many mediocre shows, so many outright failures and so few excellent series.Second Jen (CITY-TV, 8:30 p.m.) is a new comedy and it falls into the mediocre category. Nice try, though. As in trying too hard to be nice. It’s a very slight comedy, and on the evidence of the first two episodes it’s a one-note idea that is beaten to a near-pulp of puerility through endless repetition of the same theme.And in the matter of new Canadian TV, it is especially important to have trepidation when approaching a show that’s billed in advance as groundbreaking. Nobody has actually broken ground in Canadian TV for years. Advertisement In this case, the advance publicity is awash in praise for the fact that Second Jen features two Asian main characters and deals, through comedy, with the status and anxieties of second-generation Asian youth. Yes, the title is a double pun. It has second-generation characters and both lead characters are named “Jen.” In case, you know, you might be dumb enough to miss the point. LEAVE A REPLY Cancel replyLog in to leave a comment Facebook Login/Register With: Twitter Advertisement
APTN National NewsNews that a Federal Court judge is ordering the Human Rights Tribunal to take a look at a discrimination case against Canada may be big news to some, but it seems to the majority it has largely gone unnoticed.Justice Anne Mactavish ruled the head of the Human Rights Tribunal erred on several fronts when dismissing the case.To many advocates the First Nations child welfare human rights complaint is the important story in the country.But the reaction from federal politicians has been underwhelming.APTN National News reporter Annette Francis wonders why.
WASHINGTON — An associate of Trump confidant Roger Stone has told news organizations that he is rejecting a plea offer in the special counsel’s Russia investigation.Jerome Corsi said in interviews with NBC, CNN and other outlets he was offered a chance to plead guilty to one count of perjury. But he says he plans to reject the deal because it would force him to admit to wilfully lying, which he says he didn’t do.Corsi did not respond Monday to messages from The Associated Press seeking comment. His lawyer declined to comment.Mueller’s team questioned Corsi as part of an investigation into Stone’s connections with WikiLeaks. American intelligence agencies have assessed that Russia was the source of hacked material released by WikiLeaks during the 2016 election that damaged Hillary Clinton’s campaign.The Associated Press
The team, said Karim Asad Ahmad Khan, must “operate as an independent, impartial and credible accountability mechanism, capable of conducting its work to the highest possible standards.”Second, he said, was “the need to ensure that our work is carried out collaboratively and cooperatively with the Government of Iraq, with full respect for its national sovereignty and in a manner that harnesses the talents, and engenders the support, of all elements of Iraqi society.”The team was set up following a September 2017 Security Council resolution in a bid to help domestic efforts to hold ISIL accountable for their actions: Da’esh’s time in control of large areas of Iraq, between June 2014 and December 2017, has been described by the UN Human Rights Office (OHCHR) as a “relentless campaign of terror and violence.” UN Photo/Rick BajornasKarim Asad Ahmad Khan, Special Adviser and Head of the UN Investigative Team to Promote Accountability for Crimes Committed by Da’esh/Islamic State in Iraq and the Levant (UNITAD) briefs the Security Council.During his September visit to the country, Mr. Khan heard first-hand from survivors of Da’esh violence, in testimony described as heart-wrenching, and stressed the need to ensure that they are protected, and that perpetrators of atrocities are brought to justice: “the loss suffered by these communities is profound. I realize that the wounds of sorrow remain open and that, even when there is healing, the scars will run deep.”In his December statement to the Security Council, Mr. Khan paid tribute to the survivors who have suffered at the hands of Da’esh, and recognized the “tremendous courage and sacrifice already demonstrated by the people of Iraq in their efforts to defeat ISIL and bring justice for its victims,” adding that, since Da’esh has been driven from its strongholds, including its former stronghold of Raqqa in northern Syria, “the scope and magnitude of its crimes has been exposed. Witness testimony has revealed a plethora of unimaginable abuses. Thousands, including women and children, have become victims and witnesses of its crimes.”Working alongside the UN Assistance Mission for Iraq (UNAMA), the UN human rights office, has documented the existence of 200 mass graves in the northern and western parts of the country, which may contain thousands of bodies, and it is believed that many more still remain to be discovered.
In a major step to diversify the range of low emission vehicles available, £11 million investment has been announced by the Office for Low Emission Vehicles (OLEV) towards the development of a hydrogen fuel infrastructure in the UK.The investment will see the UK’s hydrogen infrastructure grow to up to 15 refuelling stations nationwide, and is part of government’s drive to make the UK a global leader in ultra-low emission vehicles. Joint-funded by government and industry, the project will allocate funds as follows:£7 million – install and run up to seven new customer-facing hydrogen refuelling stations.£2 million – upgrade existing hydrogen refuelling stations.£2 million – acquisition of around 40 hydrogen-fuelled vehicles for the public sector.The announcement was made by Minister of State for Business and Enterprise, Matthew Hancock MP, while visiting Honda, Nissan and Toyota in Japan.SMMT Chief Executive, Mike Hawes, said, “Investment in hydrogen fuel infrastructure in the UK is an important step for the automotive industry. As consumer interest in low emission vehicles increases, the industry is diversifying the range of technologies available with hydrogen-fuelled vehicles joining pure electric, hybrid, alternatively and conventionally-powered vehicles.“This is a major first step in making the UK automotive industry a leader in hydrogen technology and industry’s commitment of £3.5 million to this project demonstrates its confidence in the technology.”OLEV’s investment in the hydrogen fuel infrastructure is part of a wider £500 million government funding pot, which will be invested between 2015 and 2020, in the UK’s drive to become a global leader in the development and take-up of low emission vehicles.Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)
After a long bye week for Ohio State co-defensive coordinator and associate head coach Greg Schiano, the Buckeyes dominated Saturday’s game against Rutgers.There were many questions as to how Schiano and his defense would perform following his incident with a bicyclist early last week. Schiano struck the bicyclist on the morning of Sept. 22, and was later cited for the accident.OSU coach Urban Meyer said Schiano was extremely distraught following the incident.“He was devastated,” Meyer said at Wednesday’s press conference. “It broke his heart.”Following Saturday’s game against Rutgers, Schiano was made available to the media. While most questions centered on the production of his defense, he did offer one statement about the events from last Thursday.“In respect to him and the whole situation, it really was an awful accident; one I wouldn’t wish on my worst enemy,” Schiano said. “It happened and I’m glad that he’s progressing, and he and his family remain in our prayers.”The victim, identified as a 26-year-old male, was transported to the Wexner Medical Center on Sept. 22. There has been no update on his condition, although Columbus Police Department Sgt. Brooke Wilson said the victim was expected to survive.Schiano said he would make no further comment on the situation
The race ends in the blink of an eye. With millions watching around the world, a pistol shatters the silence and in a little over nine seconds, a mere 40 strides, the 100-metre sprint is history. The 100-metre event, among the oldest and greatest athletic competitions ever devised, is the ultimate test of nerve, skill and explosive athleticism. That sprint in the London Olympics will probably decide the fastest person in human history.Favoured to win is the metaphorically named Jamaican sprinter, Usain St Leo Bolt. At 26, Bolt has been the runner to beat since winning three gold medals in Beijing in 2008 for the 100 metres, 200 metres and 4×100-metre relay. Bolt also holds the record for the fastest 100-metre sprint ever, an incredible 9.58 seconds.He is an extraordinary physical specimen. At 6ft 5in (195cm) and weighing 200 pounds (90kg), Bolt has the physique of an Olympic swimmer, rather than the more compact frame typical of a sprinter.There are two crucial factors in sprinting ability. One is stride frequency: how fast you can step. The other is stride length: how long each of those steps is. World-class sprinters tend to have very fast stride frequency but ordinary stature, lengthening their strides by applying extraordinary force. Bolt turns his size into an advantage and uses not only remarkable strength but his long bone structure to dominate opponents.His biggest threat is his teammate and training partner Yohan Blake. The only sprinters close to their ability are Americans Tyson Gay and Justin Gatlin. But London bookmakers are offering overwhelming odds that one of the Jamaicans will win.Which raises a fascinating question. In a nation of just 2.8 million people, it’s incredible that Jamaica has produced not just one contender for the fastest person in the world, but two. You’d expect the US – the richest nation in the world, with a long sporting tradition and a population 100 times greater – to produce champions.Is it pure luck that Jamaica is sending not one but two of the fastest men in the world to London?It turns out Bolt and Blake are not unique in Jamaica…Read more: Financial Review
Victor Conte, founder of the infamous BALCO and sort of mad scientist behind the steroid era, said he estimates that “as much as half” of current players in Major League Baseball are using performance-enhancing drugs of some kind.Conte told USA Today, “I’m not going to name names, but I’ve talked to a lot of top players in Major League Baseball, and they tell me this is what they’re doing. There is rampant use of synthetic testosterone in Major League Baseball.”Conte’s comments come after the San Francisco Giants’ star Melky Cabrera was suspended for 50 games for positive test for synthetic testosterone.Of course, MLB disagrees with Conte’s estimates.“There is no way that Victor Conte would have information that would allow him to have any basis on that,” MLB vice president Rob Manfred said. “He’s just making that up. It’s a guess. We use the very best, most sophisticated methodologies that are available.”Many baseball experts believe Conte could not be so tuned into the baseball world to have an accurate assessment. They further believe he likes being in the spotlight and misses the controversy he used to enjoy before becoming an athletic leper.Conte also indicated he wonders if “Major League Baseball has a genuine interest in stopping these guys.”Ryan Braun, the 2011 National League MVP tested positive before having his suspension overturned by an independent arbitrator, and now this year’s All-Star Game MVP has been hit with a 50-game suspension.Seems like there’s truly an effort by baseball to clean it up based on those high-profile cases. But it would not be surprising if Conte is throwing around big numbers for a cause that would benefit him.On the other hand, an even more forceful assault on PED use in baseball might make Victor Conte go away, so there’s that.
Is this the best Cyber Monday deal out there? Canadian retailer Future Shop is offering a Dynex 32″ LCD HD TV for free if you trade in 6 games for Xbox 360, PS3, or Wii.The TV is worth $300, but as you’d expect, you can’t just trade in any games. There’s a specific list of eligible titles from each platform, you can’t use duplicates either, and each game must include the box and manual.Here’s the full list of eligible games for each platform:Xbox 360Assassin’s Creed: BrotherhoodBattlefield BC2 Gold EditionBorderlands GOTYCall of Duty: Black OpsCastlevania Lord of ShadowCrackdown 2Dead Rising 2Def Jam RapsterDJ Hero 2Dragon Age Origins Ultimate EditionF1 2010Fable IIIFallout New VegasFIFA Soccer 11Fist of the North Star Ken’s RageFront Mission EvolvedGuitar Hero 6 Warriors of RockHalo ReachJames Bond BloodstoneMadden NFL 2011Mafia IIMedal of HonorNBA 2K11Need for Speed Hot PursuitNHL 11R.U.S.E.Red Dead RedemptionRock Band 3Shawn White SkateboardingSpiderman Shattered DimensionsSplatterhouseStar Wars The Force Unleashed 2The Sims 3Tiger Woods PGA Tour 11VanquishWWE Smackdown vs Raw 2011PS3Same as Xbox 360WiiDJ Hero 2 SASDonkey Kong Country ReturnsFIFA Soccer 11James Bond GoldeneyeKirby’s Epic YarnLegend of Zelda: Twilight PrincessMadden NFL 2011Mario Kart (with wheel)Metroid Other MMetroid Prime TrilogyNeed for Speed Hot PursuitNew Super Mario Bros.NHL SlapshotRock Band 3Spiderman Shattered DimensionsSuper Mario GalaxySuper Mario Galaxy 2Super Paper MarioSuper Smash Bros. BrawlThe Sims 3Tiger Woods PGA Tour 11The offer is good for today only and will be limited by how many TVs each shop has in stock I would imagine.Read more at Future Shop, via JoystiqMatthew’s OpinionOne way to look at this is Future Shop is getting rid of some cheap TVs they have too much stock of while loading up on good games to resell. Another way to look at it is as a very cheap method of getting a decent TV.Although most games on the list still sell at a premium price, that isn’t going to be the case after the holidays. So you could trade the games now, get the TV, then re-buy the games in the sales saving you more than buying the TV would have cost.Is this tempting to anyone? I wonder if it would be possible to go out and buy 6 of these games used today for significantly less than $300 then go and get a TV with them?
Relatively speaking, North Korea seems to be making some major progress lately. The government just launched the country’s first ever satellite, and even though it’s thought to be out of control and no longer usable, getting it up there in the first place has to be commended, right? And now, the first ever video game developed in North Korea has been released!This racing game is called Pyongyang Racer and was created by a developer known only as Nosotek. It has been commissioned by Koryo, a British tour company that takes people to visit North Korea. I’m guessing they either desired, or were urged to get a game made in North Korea in order to entice people to visit. Clever move. I’m booking my ticket as I type and renting a car when I arrive due to how clear the roads seem to be there.As the infectious laughter of Alabouze in the video above demonstrates, it’s not your typical modern game (jump to the 4 minute mark to see the game being played). If you saw Pyongyang Racer without any prior knowledge of it, you’d be forgiven for thinking it’s a product of the early 90’s or something someone learning to create games produced while reading their first Dummies Guide. But to give Koryo credit, they do state the game is not meant to be a “high-end technological wonder,” it’s just a bit of fun.Apparently a complete playthrough will take you about 12 minutes. Along the way you’ll have to be a careful driver and avoid collisions (hitting 10 other cars signals game over). You also need to watch the fuel gauge and collect barrels of gas in order to keep the car running.Pyongyang Racer is playable on the Koryo Group’s website, although I only got music and a totally green screen in Firefox. Maybe you’ll have better luck playing this gem of a game.More at Beijing Cream, via Kotaku
Facebook Twitter: @NeosKosmos Instagram The company that started as the preferred finance consultants to the Alan Hamilton – Porsche Cars Australia Group 20 years ago became Michael Pratt & Associates, a business model formed by concentrating on finance broking for motor vehicles, equipment and mortgage finance. In 1998 Pratt & Co Financial Services evolved with the offering of more sophisticated financial solutions.The business continues to trade today, run by Brendan Barry-Murphy and his son Nathan, who, with a team of finance specialists, commenced SME Commercial Finance in 2005. SME has become a leader in funding new technologies including solar panels and LED lighting through its innovative and flexible funding alternatives. Meanwhile, the mortgage finance division arranges competitive loans across both commercial and residential properties. There was a window of opportunity to operate a finance company that specialised in direct, vendor, and white label finance solutions, and SME Commercial Finance continues to manage a substantial motor vehicle and equipment finance portfolio, with over 2000 clients based in the heart of South Yarra.“We are a finance company specialising in asset finance, mortgage finance, and cashflow lending including debtor finance and unsecured loans for business as well as white label solutions. If your business needs cash at short notice, SME has the facilities to provide a solution within 48 hours.” Barry told Neos Kosmos.“We have been involved in sourcing finance for businesses and individuals for over 40 years – so we really know finance well, as well as what is going down at the moment in Melbourne’s apartment market.”At the moment, more than 50 per cent of new apartments bought and resold in the five years to 2016 in Melbourne sold at a loss research shows, pointing out the exuberance of the market, inflated commissions and poor quality construction for the poor results.“I often get asked a lot about my views of the apartment market in Melbourne,” Barry says. “I don’t think you can have one overall view of the market because it can vary depending on the area, the type of apartment, and how much you have to spend. However, an analysis by BIS Oxford Economics of all apartments bought and sold since 2011 shows that resales of established apartments have seen a much stronger growth than the off-the-plan ones.”In Brisbane and Sydney, buyers of off-the-plan apartments received substantially less growth than if they’d bought older apartments, whereas buyers of established apartments in Sydney achieved the biggest profits when reselling in the same time period, with 25.9 per cent growth. Off-the-plan transactions returned 7.5 per cent growth. Off-the-plan, or new apartments, refer to units where a new title of ownership has been created in a development and then onsold. Whereas established properties include those that have transacted previously.In Melbourne, the average aggregate loss for an off-the-plan buyer – determined by adding up all the purchase prices and subtracting it from the sales prices – was 2.7 per cent. Those who bought established apartments saw gains of 7.4 per cent. Melbourne, Carlton, West Melbourne, and Docklands were the worst performing localities for off-the-plan apartments with 10 or more sales, and losses of up to 7.44 per cent. Sydney recorded no areas with overall declines – the worst performer was Rose Hill, which delivered gains of 13.2 per cent since 2011.“The rule of thumb that property prices increase due to land value, not building value, holds true, according to the BIS research,” he adds highlighting that off-the-plan property prices are higher as the value includes the developer’s cut, while in many instances investors can even lose money due to increases in oversupply of similar stock in the area.Meanwhile, the height prices can reach in a specific area seems to be buyer-dependent as some may be willing to pay additional funds in the depth of time, in order to avoid getting financing immediately. People aiming to live in the property for a long period are more likely to buy off-the-plan even if it means paying tomorrow’s prices. “Based on our clientele and available research, we would advise future buyers to keep in mind that if off-the-plan properties fall in value or were bought for more than their worth, the buyer will need to find a bigger deposit to cover what the bank won’t lend to them.”* As well as providing loan and rental funding solutions across a broad range of services, SME offers access to all of the major and non-major banks through its well established relationships and affiliations program enabling clients to access the best deal based on their borrowing circumstances.For enquiries and more information head to smefg.com.au, phone 1300 ASK SME (1300 275 763) or email firstname.lastname@example.org
If you’re finished paying ridiculously high phone bills, drop your current carrier, and move to FreedomPop. As an early Black Friday deal, you can pick up a three-in-one SIM for your unlocked GSM smartphone for just a single cent, and it even comes with voice minutes, text messages, and LTE data for free. • FreedomPop LTE SIM with Unlimited Talk, Text, 2GB Trial, and 500MB Bonus for $0.01Insert this FreedomPop SIM card into your compatible iPhone or Android device, and you’ll get one month of unlimited talk, unlimited text, and 2GB of data on the nationwide GSM 4G LTE network FreedomPop is using. If those conditions sound good to you, you can stay with that plan without a longterm contract for just $24.99 per month after the trial. But if that’s still a bit pricey, you’ll always have the option to drop down to the free tier. For a whopping $0 per month, you’ll get to enjoy 200 voice minutes, 500 text messages, and 200MB of data through FreedomPop. Keep a close watch on your usage to steer clear of the automatic top-up functionality, and your barebones cell service is yours without a monthly bill. And since there’s no longterm commitment needed, you can cancel or change your service tier at any time.Better yet, FreedomPop offers Wi-Fi calling and texting, free calls/texts between phones using FreedomPop, and free international calling in over 60 countries. So whether you want to keep your old number or start fresh, FreedomPop is a simple and affordable way to stay connected to your loved ones. Heck, you can even earn bonus data by adding your friends.Note: Terms and conditions apply. Service renew at full price after trial unless user takes action. See the FreedomPop site for more information. For more great deals, head over to TechBargains.
The Washington Department of Ecology is seeking public comment on amendments to the Clark County Shoreline Master Program. The comment period will run from March 7 to 5 p.m. on March 22.Proposed amendments will adopt changes to the Shoreline Management Act including an exemption for retrofitting existing structures to comply with the Americans with Disabilities Act; update the dock exemption; and add provisions for floating on-water residences. It will also change the makeup of the county’s Shoreline Management Committee.Ecology will compare the proposed amendments with the requirements of the Shoreline Management Act and decide if and how to act.Comments should be sent to Kim Van Zwalenburg, WA Dept. of Ecology, P.O. Box 47775, Olympia, WA 98504, or email to Kim.Vanzwalenburg@ecy.wa.gov.The documents are available for view at:• Clark County Public Service Center, Third Floor Reception, 1300 Franklin St., Vancouver.• At Ecology’s website at http://bit.ly/2oCbVqK• Ecology’s offices, 300 Desmond Drive S.E., Lacey, 360-407-6520.