Three new members of the Creative Nova Scotia Leadership Council will help grow Nova Scotia’s creative economy with their knowledge and experience. Communities, Culture and Heritage Minister Leonard Preyra announced the appointment of Gerald Gloade, Mary Jane Lamond and Jamie MacLellan, today, Sept. 14. “The arts and culture industry in Nova Scotia enhances our quality of life and brings important social and economic benefits to our communities,” said Mr. Preyra. “This council provides a foundation for growth for the province’s creative economy. It will clearly benefit from the addition of these new members who bring with them a wide range of experience and enthusiasm.” The new members reflect the artistic and cultural diversity of the province: — Gerald Gloade, Millbrook, is a Mi’kmaw artist, carver, storyteller and cultural educator. Mr. Gloade is a program development officer with the Department of Education, member of the Tripartite Forum and program development officer with the Mi’kmawey Debert Cultural Centre. — Jamie MacLellan, Halifax, is a visual artist and public art facilitator with Halifax Regional Municipality. Mr. MacLellan is a former board member of the Khyber Arts Society. — Mary Jane Lamond, Glendale, Inverness Co., is a singer, interpreter of Gaelic songs and musician. Ms. Lamond is former co-chair of the Gaelic Council of Nova Scotia, active in the Gaelic community and received the 2010 Portia White Prize. They join current members Ronald Bourgeois, Paula Davis, Chris Ball, Terrilee Bulger, Fiona Diamond, George Klass, Maria Osende, Charlie Rhindress, Scott Simpson, Susan Tooke, and department staff representatives Marcel McKeough and Peggy Tibbo-Cameron. Outgoing members are Linda Ross, Devon Strang and Jim Morrow. “Although we say farewell to three valued colleagues who made their mark in the sector and on this council, it is with great pleasure that we welcome these talented and experienced individuals to our team,” said Mr. Bourgeois, council chair. “Together with our returning members, they will play an important role in representing the interests of our arts and culture sector here in Nova Scotia.” In consultation with the arts and culture sector, the Creative Nova Scotia Leadership Council provides advice and recommendations to guide the department about strategy, policy and ongoing investment in Nova Scotia’s artists, cultural industries and cultural activities. Council members represent a cross-section of Nova Scotians with geographic and cultural diversity, and a broad range of experience in the arts and culture sector.
Calgary: Former Commonwealth Games champion Parupalli Kashyap produced yet another stellar show to enter the men’s singles final of Canada Open Super 100 tournament, outplaying fourth seed Wang Tzu Wei of Chinese Taipei in a gruelling three-game encounter here. Kashyap, seeded sixth, came from a game down to pip Wang 14-21 21-17 21-18 in a hard-fought semi-final contest that last an hour and 10 minutes Saturday night. By virtue of this win, Kashyap, 32, has extended his head-to-head record against Wang to 3-0. He had defeated the World No 30 at the India Open in March earlier this year. The Indian will take on unseeded Li Shi Feng of China in the title clash of the USD 75,000 tournament. Feng had defeated Koki Watanabe of Japan 20-22 21-10 21-11 in the other semi-final. The last time Kashyap had reached the finals of an event was at the Austrian International challenger last year.
New Delhi: Rapper Badshah admits he “somehow managed” to get the audience’s favourite on-screen couple — Shah Rukh Khan and Kajol — together for a quirky video he posted on Instagram, with a little help from technology. The video is actually a lighthearted tribute to the hit pair. Badshah basically has morphed a dance shot of the two superstars from the song “Yeh ladka hai Allah” in Karan Johar’s “Kabhi Khushi Kabhie Gham…” onto the beats of his latest record-breaking song, “Paagal”. Also Read – Hilarie Burton, Jeffery Dean Morgan tie the knot While the morphed video has left many rolling on the floor with laughter, Badshah now wants the real deal. Working with SRK, Kajol and Karan, he says, would be like being part of a “dream team” for him. “Isn’t it awesome? Kajol ma’am also liked it,” Badshah tells IANS of his morphed video. “Karan Sir is my lucky charm. He released the song (‘Paagal’) to the world. I would love to work with them, they are my dream team,” said the rapper, who has earlier sung for Karan’s productions such as “Kapoor & Sons” and “Baar Baar Dekho”. Also Read – ‘Vaastav’ gave me the real sense of being an actor: Sanjay Dutt on film’s 20-year anniversary Meanwhile, he is thrilled about setting a new world record with “Paagal”. The music video of the song crossed 75 million views in 24 hours on YouTube, and became the highest-viewed song in that span of time, dethroning the popular South Korean band BTS. “I knew I wanted to do something big with this song. I worked really hard, but didn’t know I could achieve this global feat. It’s just unbelievable. It feels humbling and proud to be an Indian to be doing it,” said the “Abhi toh party shuru hui hai” hitmaker. It is being loved by many, but some people have also criticised the song by calling it trash and that they are ashamed of it. “Haters will be haters, you gotta acknowledge them and move on as the ratio of love to hate is too high,” he said. Badshah is set to make his acting debut with “Khandaani Shafakhana”, also starring actress Sonakshi Sinha. Is he nervous how people will react to his acting skills? “I’m nervous, but also excited. I hope for the best. The film is funny but has a reality quotient about it,” he said. Directed by Shilpi Dasgupta, “Khandaani Shafakhana” depicts the journey of a young woman who inherits her dead uncle’s sex clinic in Punjab.
BURNABY, B.C. – Prime Minister Justin Trudeau demonstrated a new virtual camera used by game makers at an Electronic Arts Canada studio near Vancouver on Thursday after promoting the country’s technology sector to officials in Washington state.Trudeau held the camera on his shoulder as two actors wearing special suits pretended to box at the company’s Capture Lab, an animation facility in Burnaby.The prime minister also attended a roundtable at Electronic Arts with business leaders from health care, clean technology, digital animation and visual effects.“We’re going to talk about how the government can be a better partner, or better get out of your way in some cases, to allow you to continue to grow, to succeed, to create great opportunities for innovations that are going to advance success in Canada, create good jobs for Canadians and draw in great people from around the world,” Trudeau said before the discussions began.Jon Lutz, vice-president of financial planning and strategy at Electronic Arts, said the company that has created some of the world’s most successful video games is always looking for the most qualified people.“We need the best people from all over the world so we welcome any strategies that grow the talent pool in Canada and enable us to compete on the global stage,” he said.“We certainly welcome greater collaboration with our partners in the U.S. and anything that helps build the talent base up in Vancouver,” Lutz said, adding the interactive entertainment industry is a key subsector of technology and could continue growing in Canada.Later Thursday, Trudeau attended a Liberal party fundraiser in downtown Vancouver, where he applauded local members for signing up 7,000 newcomers since last summer.Trudeau called on his supporters to keep working hard as he warned about the momentum that upcoming leadership races could give the party’s rivals.“We’ve got competition. The Conservatives are electing a new leader next weekend. The NDP will do the same later this year. And history has shown that these things matter,” he said, speaking to a room of a couple hundred people.Outside the venue, protesters carried signs calling for an end to Kinder Morgan’s proposed Trans Mountain pipeline expansion, whose terminus is in Burnaby, and to the Site C hydroelectric megaproject in the province’s north.Earlier in the day, Trudeau met Washington Gov. Jay Inslee in Seattle where they discussed the development of the Cascadia Innovation Corridor, an initiative that aims to strengthen technology industry ties between British Columbia and Washington.The pair also spoke about trade, investment opportunities and innovation in the energy sector, said Trudeau’s office. In brief remarks before the meeting, the prime minister said Washington and Canada share common goals.“We’re both strongly engaged on issues of climate change, on issues of openness to trade, on leadership on refugees as well and an understanding that diversity can be a real source of strength,” he said.Inslee said the state and country share an “incredible commitment” to defeating climate change and a recognition that they can grow their economies at the same time.“It is a great pleasure to know we have a national leader in the North American economy that is committed to that,” he said.But protesters clad in yellow hazardous material suits that read “Keystone XL Toxic Cleanup Crew” gathered outside the hotel to criticize Trudeau’s environmental record, arguing his support of pipelines is at odds with any global warming promises he has made.Chanting “Tar sands or clean lands, Trudeau you have a choice,” the group of about a dozen people demanded that the prime minister rescind his support of Keystone XL and the Trans Mountain expansion, two pipelines that have generated considerable debate in the U.S.Janene Hampton of the Colville Okanagan Tribe in northern Washington said Trudeau claims he cares about indigenous people yet he sides with companies that want to build pipelines that threaten the water sources of Aboriginal Peoples.“He’s approving these pipelines and the things that they’re asking for. He’s supporting the corporations. He says that he’s an indigenous peoples’ ally. Well, that’s not being an ally,” she said.Protester Mike Foster said he’s especially concerned about the Trans Mountain pipeline expansion from Alberta to the West Coast and the impact that increased tanker traffic will have on Washington state’s endangered killer whale population.“We have 78 orca whales left in Puget Sound and the number of tankers coming through these waters would be increased 700 per cent,” he said.Kinder Morgan Canada’s $7.4 billion pipeline expansion, approved by Trudeau’s government last year, would increase the number of tankers in coastal waters from about five per month to 34 per month.In 2015, former U.S. president Barack Obama rejected the Keystone XL pipeline, which would run from Alberta to Nebraska, but President Donald Trump overturned the decision this year.— With files from Laura Kane in Seattle.
British actor Daniel Craig, who has supported United Nations mine action work over the last two years, has filmed a video message for the 10 year anniversary of the observance of the International Day for Mine Awareness and Assistance in Mine Action.Video: Daniel Craig Message for Mine Action DayTo find out more about the United Nations Mine Action, click here.
The army spokesman said that of the six, five soldiers had sustained only minor injuries while the other soldier had suffered “moderate” injuries.He said that the authorities are conducting further investigations into the explosion. (Colombo Gazette) A group of soldiers were injured when detonators hidden by the LTTE had exploded in Udayarkattukulam, Mullaitivu today.Military spokesman Brigadier Ruwan Wanigasuriya said that the explosion took place when construction work was underway in the former rebel held area. “In a former LTTE base in Udayarkattukulam area where Army troops are deployed at present a minor explosion had occurred during preparatory work for a construction. Preliminary investigations revealed that a stock of detonators hidden by the LTTE had exploded when a soldier unknowingly dug the ground for some construction work,” he said. He said that a soldier had dug the ground not knowing that detonators had been hidden there.
Loonie jumps on rising commodities, signs of recovering U.S. housing sector by Malcolm Morrison, The Canadian Press Posted Oct 17, 2012 4:26 pm MDT TORONTO – The Canadian dollar closed up almost a full US cent Wednesday amid higher metal prices and positive economic data from Canada’s biggest trading partner.The dollar gained 0.91 of a cent to 102.25 cents US after having tumbled almost 3/4 of a cent a day earlier.The loonie had sold off in the wake of a speech late Monday by Bank of Canada governor Mark Carney, which traders interpreted as containing a more dovish tone toward the possibility of hiking rates. The bank makes its next announcement on interest rates next Tuesday.The dollar took off mid-morning following the release of data that provided a further indication that the housing sector recovery in the U.S. is strengthening.The Commerce Department said Wednesday that builders broke ground on homes at a seasonally adjusted annual rate of 872,000 in September, an increase of 15 per cent from the August level.And applications for building permits, a good sign of future construction, jumped nearly 12 per cent to an annual rate of 894,000, also the highest since July 2008.Canada’s commodity sensitive currency was supported by rising metal prices as December copper ran ahead five cents to US$3.75 a pound while December gold gained $6.70 to US$1,753 an ounce.Oil prices were little changed after the U.S. Energy Information Administration reported a bigger-than-expected rise in crude supplies last week. The November crude contract on the New York Mercantile Exchange inched up three cents to US$92.12 a barrel as data showed that crude supplies rose by 2.9 million barrels, against an expected rise of 1.5 million barrels.Risk sentiment also improved after Moody’s rating agency did not cut its credit grade on Spain to junk status, as had been widely feared in recent weeks.Moody’s said after the European market closed on Tuesday that it was keeping its Baa3 rating on Spain, the lowest investment grade.Investors think it’s only a matter of time before Spain will make a request for help to Europe’s bailout fund, a necessary condition for the European Central Bank to start buying its bonds in the markets.The Spanish government said Wednesday it will decide within the next few weeks whether to ask for outside financial help.The Canadian dollar and commodity prices could find themselves impacted by the release Wednesday night of the latest growth data for China. The consensus view of economists is that the data is expected to show third-quarter growth eased to 7.4 per cent from a year earlier, down from 7.6 per cent in the prior quarter. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email
In his message for the Day, focused this year on the interdependence between the management of water and energy, Secretary-General Ban Ki-moon noted that “they interact with each other in ways that can help – or hinder – our efforts to build stable societies and lives of dignity for all.”According to the 2014 World Water Development Report, which was released earlier in the week by the UN Educational, Scientific and Cultural Organization (UNESCO) and UN Water, some 768 million people do not have access to an improved source of water, and 2.5 billion do not have access to appropriate sanitation. The report further reveals that places where people do not have adequate access to water largely coincide with those where people have no electric power. It goes on to describe the various ways in which water and energy relate to each other, explaining, for example, that energy is needed for the collection, transportation and treatment of water, and that at the same time, water is required in the production and extraction of fossil fuels. Likewise, droughts make energy shortages worse, while lack of electricity reduces farmers’ ability to irrigate their fields.“On World Water Day, let us pledge to develop the policies needed to ensure that sustainable water and energy are secured for the many and not just the few,” said the UN chief. The International Fund for Agricultural Development (IFAD) estimates that approximately 70 per cent of the world’s water resources are used for agriculture and warns that by 2025 two-thirds of the population could struggle to get access to this resource.Warning about climate change and its worsening effects on water scarcity in many regions, Mr. Ban called for a sustainable and just use of this vital natural resource: “Water must be used – and electricity must be generated and distributed – equitably and efficiently, so all users get a fair share.” Noting that these goals are in line with UN-Water and the Sustainable Energy for All initiative, the UN chief added that they are also “crucially important elements in our discussions on the post-2015 development agenda.”On a similar note, UN Special Rapporteur on the human right to safe drinking water and sanitation, Catarina de Albuquerque, stresses in a press release that “ill-thought out allocation of water has a disproportionate effect on the poorest sectors of society” and that “it is crucial that Governments apply a human rights framework to guide their actions.”“People should not have to spend such a big part of their household income on securing water that their access to other human rights, such as the rights to food or health care is undermined,” Ms. De Albuquerque says, declaring: “Governments have a crucial role to play in making sure that increased electricity and water demands do not impose a disproportionate or unfair burden on the poor, and that water allocation prioritizes water for human consumption.” For her part, UNESCO Director-General Irina Bokova emphasized that “improving access to freshwater is about enabling millions of girls to go to school instead of walking kilometres to fetch water. It is about improving maternal health, curbing child mortality, and preserving the environment.” “We need to better understand the complex interactions between resources that are closely interlinked, such as water, food and energy. And we must acknowledge that it is impossible to manage these resources sustainably if we treat them in isolation” she said, adding: “There is enough water in the world for everyone. What we continue to lack is better governance and the collective courage to craft fair compromise solutions.”UNICEF estimates that 1,400 children under five die every day from diarrhoeal diseases due to lack of safe water, and adequate sanitation and hygiene. The children’s rights organization further estimates, along with the UN World Health Organization (WHO) that 10 countries are home to almost two-thirds of the global population without access to improved drinking water sources: China (108 million), India (99 million), Nigeria (63 million), Ethiopia (43 million), Indonesia (39 million), Democratic republic of the Congo (37 million), Bangladesh (26 million), United Republic of Tanzania (22 million), Kenya (16 million) and Pakistan (16 million).
Toni McLachlan has denied having anything to do with Alesha’s deathCredit:PA The teenager, who gave evidence for more than two hours, told the court he saw Ms McLachlan in the early hours of that morning after she asked if he wanted to meet for a cigarette. A teenage boy has claimed he is the victim of an “extraordinarily wicked” plan to frame him for the rape and murder of six-year-old Alesha MacPhail.The 16-year-old, who cannot be named because of his age, said he had never met Alesha and never knew her name before her body was found on July 2 last year.Giving evidence on his own behalf at the High Court in Glasgow, after the prosecution closed its case, he told the jury: “I would never do something like that.”He denies abducting, raping and killing the schoolgirl and has lodged a special defence blaming the crime on 18-year-old Toni McLachlan, the girlfriend of the victim’s father Robert MacPhail.The body of the schoolgirl, who died from significant pressure being applied to her face and neck, was discovered in a wooded area on the Isle of Bute.The court heard earlier on Tuesday that DNA found on Alesha’s body matched the teenager, with odds of more than a billion to one that it came from another person.He claims in his defence that he had sex with Mc McLachlan on July 2 and that she must have taken a condom he used and planted his DNA at the scene. He said he had previously had sex “fairly frequently” with her in late 2017, despite her being in a relationship with Mr MacPhail, and that he had previously bought cannabis from them.He claimed the pair started chatting that morning, before having sex again in a lock-up garage.The court heard earlier that Alesha was found at 8.54am later that morning in the grounds of the former Kyles Hydro Hotel on Bute.Asked by Brian McConnachie QC, defending, if he had sex with the schoolgirl, he said: “Absolutely not. I have never met Alesha in person. I did not even know her name.”He claimed he could “speculate” as to how his DNA could be at the murder scene, adding: “I cannot think of any other way that it could get on Alesha…that Toni took the condom when I left and just went and killed Alesha.”Iain McSporran QC, prosecuting, branded the boy a “confident liar” and asked him why Ms McLachlan would want to implicate him in the murder. The boy told the court: “I agree.”The prosecutor also told the teenager that Ms McLachlan would have taken a “big risk” to have met him that morning before returning to the home she shared with Mr MacPhail and his family to get Alesha.The boy said: “I cannot think of how else she would have done it.”Mr McSporran told him: “Someone brutalised Alesha MacPhail. It is either you or Toni McLachlan.”He replied: “Not me, absolutely not. I would never do something like that.”The trial continues. Robert MacPhail, Alesha’s father, at the High Court in GlasgowCredit:Getty The teenager replied: “To get away with it. Maybe she is mad at me for something.”Mr McSporran said: “So, she had murder in mind and would fit someone up. Someone, you say, she had sex with, someone she got on with. If that is right that makes her an extraordinarily wicked person?” Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily Front Page newsletter and new audio briefings.
Marko VujinMen’s EHF EURO 2016Momir Ilic ← Previous Story Sigurdsson announces German squad for Men’s EHF EURO 2016! Next Story → DENMARK 2015: Battle for quarterfinals is battle for RIO! Serbian NT coach Dejan Perić announced the squad list of 28 players for the upcoming Men’s EHF EURO 2016 in Poland. The biggest news is that “Eagles” will play without two biggest stars in Krakow – left back Momir Ilić and right back Marko Vujin.GOALKEEPERS:STANIC Darko, DJUKANOVIC Slavisa, MILOSAVLJEV Dejan, KOCIC Miroslav, MARJANAC DraganWINGS:NIKCEVIC Ivan, MARJANOVIC Filip, DUKIC Darko, RADIVOJEVIC Bogdan, ILIC Nemanja, ILIC Vanja, STANKOVIC StrahinjaBACKS:MLADENOVIC Nemanja, RNIC Momir, SESUM Zarko, CUTURA Davor, NENADIC Petar, ABUTOVIC Ilija, SRETENOVIC Stevan, ELEZOVIC Uros, ZELENOVIC Nemanja, BOSKOVIC Novak, ORBOVIC MilosLINE PLAYERS:PUSICA Miljan, STOJKOVIC Rastko, BELJANSKI Bojan, BASARIC Davor, MARSENIC MijajloTEXT: Ivan Ilić
Dáil: Leaders’ Questions – Taoiseach Enda Kenny will get a grilling from the leaders of the Opposition at 12 noon.Dáil: Charities – Sinn Féin’s Private Member’s Bill on the Charities (Amendment) Bill 2014 is sure to throw up some questions about the transparency of charitable organisations in light of the CRC controversy. This is at 7.30pm.Seanad: Irish Water – The Minister of State for the NewEra Project Fergus O’Dowd will be in the Seanad to hear statements on Irish Water at 11.45am.Committees: Poolbeg Incinerator – Mr Owen Keegan, City Manager of Dublin City Council will be in front of the Environment, Culture and the Gaeltacht in Room 4 at 2.15pm.Everything else that’s happening in the DáilThe Minister for Public Expenditure and Reform Brendan Howlin will be answering questions at 9.30am.At 10.45am and 2.40pm discussions will surround The Local Government Reform Bill 2013 which is back in the Dáil following amendments from the Seanad.The Order of Business will be taken at 12.21pm.This is followed by Topical Issues at 12.51pm.The ESB (Electronic Communications Networks) Bill 2013 – which enables ESB to engage in electronic communications networks and electronic communications services – reaches it second stage at 2.40pm.The Dáil adjourns at 5.30pm.Everything else that’s happening in the SeanadSenators start the day by discussing anything and everything on the Order of Business from 10.30am.At 2pm the Minister for Agriculture, Food and the Marine Simon Coveney will be in the Seanad to hear statements on the Common Agricultural Policy and Rural Development Programme.Private Members Business on the recognition of the Irish Sign Language for the Deaf Community Bill 2013 will be raised by Senators Mark Daly, Thomas Byrne, Labhrás Ó Murchú at 4pm then it’s Matters on the Adjournment at 6pm.Everything else that’s happening in the CommitteesThe Minister for Education Ruairí Quinn will be in front of the Education and Skills Sub-Committee in Room 3 at 1pm to discuss the Revised Estimates for Public Services.Tánaiste Eamon Gilmore and Minister Joe Costello will be at Foreign Affairs and Trade Committee in Room 1 at 2.30pm to discuss the Revised Estimates for Public Services.Minister for Justice Alan Shatter will be discussing the Fines (Payment and Recovery) Bill 2013 – which looks at imposing community service to those convicted of crimes but who do not have the finances to pay the imposed fine. This is in Room 2 at 10am.A private meeting of the Public Accounts meeting is being held at 6pm in Room 1.Private and public petitions will be discussed from 4pm at the Public Service Oversight and Petitions Committee in Room 3.Representatives from the National Transport Authority will attend the Transport and Communications Committee at 9.30am in Room 4 where the implications of the proposed competitive tendering of 10 per cent of routes currently operated by Bus Éireann and Dublin Bus will be discussed.Here’s how to watch what’s going on in Leinster House todayDáil ÉireannSeanad ÉireannCommittee Room 1Committee Room 2Committee Room 3Committee Room 4To access streams on iOS, click here Like politics? Then why not ‘Like’ TheJournal.ie’s Politics page?Explainer: How does a Bill become a law? WANT TO KNOW what’s going on in Leinster House today?Every day the Dáil and Seanad are sitting, TheJournal.ie brings you the most comprehensive guide to what our lawmakers are getting up to in the Houses of the Oireachtas.So, here is what we can expect to be happening in the Dáil, Seanad and Committee rooms today…4 things will keeping an eye on
Facebook Twitter: @NeosKosmos Instagram An increase in land tax bills will lead to jobs losses due to increase business costs according to Nick Grigoriadis, owner of the Royal Melbourne Hotel.Tax has increased by almost 400 percent following the Brumby Government’s dumping of a cap limiting annual tax increases to 50 percent. Mr Grigoriadis is angry that his land tax bill has increased in three years from $1,926 in 2007 to $57,600 in 2009 . “It’s going to cost jobs,” he said. “I am letting two full-time staff go next month and reconsidering the casual staff arrangements.”Grigoriadis relayed his concerns about the impact of the increases in land tax on small business to Premier John Brumby two weeks ago, and his email was redirected to the Treasurer John Lenders. He yet to receive a response.“The bigger issue here is keeping people employed. The Government should re-introduce the cap so that small businesses will not be forced to shed jobs. The Government has sent out the first of 22,000 land tax bills based on property valuations made at the peak of the housing market in 2008. Since then landowners have seen their properties’ value plummet by up to 15 percent. Opposition Leader Ted Baillieu called the tax grab “madness.” “At the very time the government should be doing everything to preserve jobs, they’re threatening jobs.”Government spokesperson Matt Nurse responded by saying that a recent Institute of Public Affairs report found that businesses in Victoria pay the second-lowest level of land tax in Australia and if they are experiencing hardship businesses should contact the State Revenue Office.The Property Council of Victoria is campaigning for a 1.5 percent decrease in rate of land tax because of its impact on business. “The Government’s over-reliance on property tax could squeeze a lot of Victorians out of business, and the increased costs will at some point be passed on to leasees and in turn consumers,” said Jennifer Cunich Executive Director of the Property Council of Victoria.
Self Managed Super Funds (SMSFs) currently account for approximately $415 billion of Australian superannuation assets, and investments through SMSFs are expected to more than double to around $1.0 trillion by 2020. Fifteen per cent of assets in SMSFs across Australia are allocated to real estate with a value of $60 billion, which is up from 11 per cent in June 2006 and indicates interest among SMSF trustees in investing in property is growing. If you have an SMSF, you can invest in all types of real property including residential property, commercial property, industrial property and even a farm (under certain circumstances). Prior to September 2007, the capacity to use borrowed money to purchase an SMSF asset, such as real property, was extremely limited. Since then, the rules relating to borrowing within a SMSF have been relaxed slightly and fine-tuned, although the specific type of borrowing arrangement now permitted within SMSFs is still subject to strict requirements. You can only borrow money to purchase an asset within a Self Managed Superannuation Fund by using a limited recourse borrowing arrangement (LRBA). A limited recourse borrowing arrangement means that any recourse the lender has under the borrowing arrangement is limited to the single asset purchased using the LRBA. The good news for many SMSF investors is that the ATO’s interpretation of what SMSF trustees can do to maintain properties subject to a LRBA provides greater investment opportunities. For example, the ATO has clarified that it is possible to borrow via a LRBA and invest in an older investment property, and to renovate (but not ‘improve’) this property using borrowed money under the existing LRBA, under certain circumstances. SMSF borrowing rules When a self managed superannuation fund uses a limited recourse borrowing arrangement to purchase an asset, then the arrangement must satisfy the following conditions: The SMSF uses the borrowed monies to purchase a single asset, or a collection of identical assets with the same market values; The SMSF can’t use the LRBA monies to improve a purchased asset; The SMSF trustees receive the beneficial interest in the purchased asset but the legal ownership of the asset is held on trust (the holding trust also known as a bare trust); The SMSF trustees have the right to acquire the legal ownership of the asset by making one or more payments; Any recourse that the lender has under the LRBA against the SMSF trustees is limited to the single fund asset (including rights to income). Lenders can legally demand an individual to provide a personal guarantee against personal assets; Replacing the asset subject to the LRBA is possible only in very specific circumstances; and Once the loan is repaid, legal ownership of the asset can be transferred to the SMSF. Benefits of a property loan As you may be aware, there are a number of benefits of borrowing to buy property through a SMSF: Rental income – the proceeds of the rental income can be used to help pay off the loan. The SMSF also benefits from any capital growth. Potential tax benefits – interest and other expenses relating to the property may be tax deductible. Where the rental income exceeds the deductible expenses, the net income of the SMSF is taxed at a maximum rate of 15 per cent. This drops to 0 per cent if your fund is in pension phase. Possible CGT benefits – if you hold the property for more than 12 months, any capital gain will be taxed at a maximum rate of 10 per cent if sold in the accumulation phase (or 0 per cent tax rate if sold in the pension phase). Aspects SMSF need to consider Although borrowing to invest in super may seem relatively straightforward, it isn’t simply a matter of applying for a loan and buying a suitable property. SMSF trustees will first need to weigh the benefits of the strategy against the costs of setting up and maintaining the arrangement. Legal considerations The trust deed must allow for borrowing through an LRBA, and the investment must be consistent with the SMSF’s investment strategy. Those thinking about an LRBA must also consider likely risk and return, the liquidity needs of the fund and the extent of diversification in terms of the SMSF’s portfolio as a whole as well as the SMSF’s ability to meet loan repayments. The final word Borrowing to invest in property can help your Self Managed Superannuation Fund maintain an appropriate level of diversification within your fund. You need to carefully assess the risks associated with property in a SMSF against the long term investment objectives of maintaining bricks and mortar in the super environment. *Nick Davos is an Associate Director of Moneywise Personal Financial Management. Email Nick on firstname.lastname@example.org with any queries you may have or call (03) 96497611 Facebook Twitter: @NeosKosmos Instagram
More than two-thirds (67%) of respondents feel that domestic issues such as childcare, looking after elderly parents and financial pressures, have an impact on their work performance, according to research by MetLife Employee Benefits.Its survey of 1,052 full-time employees, also found that 52% of respondents who say their home life impacts their work believe it would be beneficial to discuss home-based issues with managers and colleagues.The research also found:19% of respondents are more stressed at home than at work.21% of female respondents say their home life is more stressful than work, compared to 15% of male respondents.Less than half (46%) of respondents feel able to discuss home stress with their manager.61% of respondents feel able to talk to colleagues about home worries.Tom Gaynor (pictured), employee benefits director at MetLife UK, said: “When thinking about work-life balance, it’s important to factor in the need for employees not just to spend time away from work, but also to potentially discuss home and family problems with supportive colleagues and managers without fear of being seen as unable to cope.“Managers have a crucial role to play in helping employees to manage their own stress and we know from our Employee benefit trends study that a supportive manager is a significant driver of employee engagement. Creating a supportive leadership culture helps managers tune into employees’ emotional ups and downs.”
Arbaaz KhanInstagramLast year, Arbaaz Khan was summoned by the Thane’s Anti Extortion Cell in connection to the probe of IPL betting. The 51-year-old actor had admitted to in the Indian Premier League (IPL) for more than five years and had allegedly lost Rs 2.75 crore in bets in 2018. And as the ongoing IPL 2019 season has started heating up, Arbaaz recently answered if he is still placing bets in this year’s IPL season or not.Arbaaz is currently in the news for hosting his new online celebrity chat show called Pinch in which he invites Bollywood stars and makes them read and reply to the negative comments about them on social media. So when Arbaaz sat down for a chat with Varun Dhawan, the former was seen answering to the trolls when Varun read it out the negative comments to him.Taking a dig at Arbaaz’s IPL betting scam, an online user used the tagline of his new show and had written, “Thoda socho thoda samjho phir bookie chuno Arbaz sir.”And the moment Arbaaz heard the question, he broke into laughter and admitted his mistake. Answering to the comment, Arbaaz said that he no longer gets involved in the IPL betting and enjoys watching it on television.”Bilkul sahi kahaa. No more bookie, no more gambling. Bas band kar diya abhi mazey se main IPL TV pe dekhta hoon and I enjoy it. Y’all also enjoy it,” Arbaaz said during the episode of Pinch featuring Varun Dhawan as the guest.Last year, Arbaaz was confronted with a prominent bookie Sonu Jalan alias Sonu Batla, who was arrested and remanded by the Mumbai police. Four other bookies too were nabbed at that time.
×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15 Popular on Variety Hulu plans to launch another ad format tailored to the viewing habits of the streaming-video junkie.The company, controlled by Walt Disney and Comcast, said it plans to launch a new format that “will make it possible for marketers to target binge viewers with a creative that is situationally relevant to their viewing behavior. ” The company did not offer more detail, but is expected to make a presentation to advertisers Wednesday where it will unveil new programming and business initiatives.Hulu recently announced it would test a format known as “pause ads” that surface on screen whenever a subscriber chooses to take a break from a current streaming selection. It has been testing the concept with Procter & Gamble and Coca-Cola. Hulu now intends to expand availability of that format starting in August. The video-streaming outlet has always offered new kinds of commercials geared to a viewers who has more control over their experience. A viewer of linear TV doesn’t always have the ability to stop a program, or to watch multiple episodes of a show in rapid-fire succession. But those behaviors are quickly emerging as widely-shared ones in the streaming arena, and Hulu executives have described a desire to ramp up use of “non-intrusive ad formats” over the next several months.
Kolkata: Chief Minister Mamata Banerjee will hold a review meeting on Thursday to take stock of the progress undertaken by four major departments that directly deal with benefits of people at the grassroots level.It is learnt that the meeting has been convened to once again ensure that benefits of the ongoing projects and beneficiary schemes reach the people on time.These four departments are Panchayat and Rural Development department, Food and Supplies department, Agriculture department and Agriculture Marketing department. Ministers and senior officials of all the departments will attend the meeting that will be held at Nabanna Sabhaghar from 1 pm onwards. The Chief Secretary and other senior officials of the state government will also be in the meeting. Also Read – Rain batters Kolkata, cripples normal lifeAccording to sources at the state Secretariat, all the District Magistrates have already been informed to be present. Additional District Magistrates (Zila Parishad) will also be present in the meeting. It is learnt that the Additional District Magistrates (Zila Parishad) have been asked to be present in the meeting as there will be discussions on implementation of the projects and schemes in the Panchayat areas.The meeting will also act as a platform for the exchange of views between representatives of the districts and officials of the Panchayat and Rural Development department on implementation of work in Panchayat areas, said an official. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killedBesides officials from districts, the top brass of the Kolkata Municipal Corporation (KMC) and Howrah Municipal Corporation (HMC) will also be present in the meeting.The state Food and Supplies department plays a major role in the procurement ofpaddy from the farmers and at the same time, it plays a major role in the distribution of the same. The Mamata Banerjee government had introduced the Khadya Sathi Scheme under which more than 90 percent of the state’s populace gets rice at Rs 2 per kg. The Agriculture department has played a major role in improving the rural economy of the state by taking various steps following directions of the Chief Minister and ensured an increase in the average annual income of the farmers in Bengal to Rs 2.91 lakh in the last financial year. To ensure further improvement in the agriculture sector, a stock of the ongoing projects will be taken in the forthcoming review meeting and at the same time new proposals would also come up.Similarly, the Agriculture Marketing department also plays a major role in supporting farmers to get the right price for their yield and various steps have been taken by the department so that they can directly sell their produce without the intervention of any middlemen.
Women are more likely to get jealous or upset than men when they read messages on Facebook or other social media indicating that their romantic partner has been unfaithful, a study has found. Researchers from Cardiff Metropolitan University in the UK investigated how jealousy manifests between the sexes when people find compromising messages on their partner’s social media accounts.As part of the study, 21 male and 23 female undergraduate students were shown imaginary Facebook messages in a Facebook format, revealing that their partners had been either emotionally or sexually unfaithful. Also Read – Add new books to your shelfEight short messages along the lines of: “You must be my soulmate! Feel so connected to you, even though we haven’t slept together,” (Emotional infidelity) and “You must be the best one-night stand I’ve ever had,” (Sexual infidelity) were shown to participants.The “discovered” message was either composed and sent by the participant’s partner, or came from someone else.Participants had to rate how distressed they would have felt if they had come across such messages while accessing their partner’s Facebook messaging service without permission. Also Read – Over 2 hours screen time daily will make your kids impulsiveMen felt more distressed when they read social media messages that revealed their partners’ sexual rather than emotional infidelity.However, women were more upset than men in response to emotional messages.The researchers also found that women were significantly more upset when a potential rival had written the message, compared to when it was composed by their own partners.For men, the opposite seemed to be true and they appeared to be more upset by imagining their partner sending rather than receiving an infidelity-revealing message. Irrespective of the contents, women overall were more upset than men when they had to imagine discovering an infidelity-related message.The study supports evolutionarily derived theories that hold that there are differences in what triggers jealousy among men and women, and in how they subsequently direct such feelings towards the cheating partner or the potential rival.According to the researchers, it is important to understand the mechanisms underlying jealousy, and how it plays out in the digital age.Real or suspected partner infidelity that causes sexual or emotional jealousy is often given as the reason for domestic abuse and violence.”Applying an evolutionary perspective to understanding the manifestation of jealous behaviour and how infidelity-related anger can trigger partner dissolution and domestic abuse may help counteract inevitable rises in such behaviours in an age where clandestine extra-marital relationships are facilitated by modern forms of media technology,” said Dunn.The findings are published in the journal Evolutionary Psychological Science.
Kolkata: Trinamool Congress claimed on Monday that the BJP leadership has deliberately cancelled its party president Amit Shah’s scheduled rally at Baruipur that falls under the Jadavpur parliamentary constituency, apprehending a feeble turnout.”They themselves have cancelled the rally as they were afraid that the rally might turn out to be a flop show,” TMC secretary general Partha Chatterjee said. The saffron party had earlier alleged that the TMC-led government in Bengal had denied permission to land Shah’s chopper in Baruipur for addressing the election rally. “The allegations are completely baseless. We had nothing to do with it,” Chatterjee added. Also Read – Rs 13,000 crore investment to provide 2 lakh jobs: MamataAccording to local sources, the land owner who had rented out his property for the meeting, withdrew his consent at the last minute. Following the cancellation of the rally, clashes broke out between the workers of BJP and TMC in Baruipur. A senior TMC leader of the district said: “The BJP workers ransacked one of our local offices and attacked our party men.” A huge police contingent was stationed in Baruipur to thwart any untoward incident. Baruipur Purba and Baruipur Paschim are two Assembly constituencies under the Jadavpur parliamentary constituency, which along with eight other parliamentary constituencies are going to polls on May 19.
Let’s talk groups: Register now for Sandals’ new Groups webinar TORONTO — As part of its ongoing webinar series, Sandals Resorts is highlighting the many benefits of group travel in a new session with Grant Lawlor, National Groups Manager, Canada.Taking place on Nov. 22 from 12:30-1:00 p.m. EST, the ‘Let’s Talk: Groups’ webinar will cover topics like sales and marketing tips as well as strategies for agents to grow their Groups business with Sandals and Beaches Resorts. It will also include Canadian-specific group incentives.Webinars last only 30 minutes. By registering, agents will receive also receive a recorded version that they can play back at their leisure.To register, agents can send an email with their IATA number to email@example.com.For more information call Inside Sales at 1-800-545-8283 or contact your local Sandals BDM. Tags: Sandals Resorts, Webinars Share Travelweek Group Friday, November 9, 2018 << Previous PostNext Post >> Posted by