Students Celebrate Indiana’s 203rd Birthday

first_imgYour email address will not be published. Required fields are marked *Comment Name *Email * FacebookTwitterCopy LinkEmailShare December 11, 2019     Posted by Editorcenter_img By Brandon BargerTheStatehouseFile.comINDIANAPOLIS—The marble halls of the Statehouse filled with many voices Wednesday. It wasn’t a rally, but it certainly felt like one. It was actually the voices of many third and fourth grade students from around the state singing the classic song, “Happy Birthday.”The voices that echoed around the building and up into the Rotunda weren’t honoring an individual, though. Instead, they were singing: “Happy birthday, dear Indiana. Happy birthday to you.”The Plainfield Belles and Beaux Choir sings Back Home Again in Indiana at the Statehood Day event at the Statehouse on Dec. 11.Photo by Brandon Barger, TheStatehouseFile.comThis birthday party was honoring Indiana’s 203rdyear as a state.The Statehood Day event commemorates the day – Dec. 11, 1816 – when Indiana transformed from territory to the 19thstate of the union.About 100 people attended Wednesday’s celebration. In addition to the students, attendees included Gov. Eric Holcomb, Lt. Gov. Suzanne Crouch, Chief Appellate Judge Nancy Vaidik and former President Benjamin Harrison, represented by an impersonator.The atrium where the event was held was decorated for the occasion with a large blue-and-gold Indiana state flag hung from the third-floor banister. As the program began, the Indy Metropolitan Memorial Color Guard presented the national and state flags to the assembled group and the Plainfield Belles and Beaux Choir from Plainfield High School sang the national anthem and later, Back Home Again in Indiana.The theme of the birthday party, Today is Tomorrow’s History, was emphasized by Connor Lakin, a fourth-grade student from Van Rensselaer Elementary School who was the winner of the Statehood Day essay contest.Gov. Eric Holcomb shakes fourth-grader Connor Lakin’s hand after Lakin’s speech at the Statehood Day event on December 11.Photo by Brandon Barger, TheStatehouseFile.com“History is how we grow, and Indiana is a huge part of my history,” Lakin said, noting he lives in the same home in which his father grew up.After Lakin finished, he was awarded several prizes, including one of the state flags that has flown over the Statehouse and a proclamation honoring him from the governor.Holcomb also talked about the theme, asking the children what they wanted to do in the future. Their stories, he noted, will become part of the history of Indiana in the years to come.FOOTNOTE: Brandon Barger is a reporter for TheStatehouseFile.com, a news website powered by Franklin College journalists.last_img read more

News story: Minister welcomes ‘accountability revolution’ in higher education

first_img Since taking office I have visited universities around the country to talk to students and listen to their hopes and concerns. What students have told me is that they value excellent teaching, high quality information and want a system that is responsive to their needs. The new regulator will have real powers to deliver these goals. By putting students’ interests first, the OfS will play a key role in delivering an accountability revolution. The Office for Students will replace HEFCE and OFFA as the single regulator for higher education in England. It will take up its regulatory role in April 2018.The minister’s speech can be read in full hereThe Secretary of State’s guidance to the Office for Students is available hereThe new Regulatory Framework is available here Universities Minister Sam Gyimah has called on the new universities regulator, the Office for Students (OfS), to put a “laser-like focus on students” at its inaugural conference today (28 February).Speaking to leading figures from the Higher Education sector at the Queen Elizabeth II Centre, London, the Minister outlined the significant progress that has been made by the Government to establish the OfS.At a time when the university sector is experiencing unprecedented levels of scrutiny, the Minister set out how the launch of the OfS signified “a new age – the age of the student”. He called on the sector to embrace this new era and made clear that he expects the OfS to put student interests at the centre of everything they do.The conference marked the publication of the OfS new framework – a blueprint for higher education – and the biggest regulatory change in Higher Education in over a quarter of a century. The truly modern framework will ensure our world-class universities are able to rise to the challenges of the future.In his speech, the Minister set out his vision for a successful higher education sector, including how universities must fulfil their vital civic duty in society by championing student interests and transforming their lives.Speaking at the OfS conference today, Universities Minister Sam Gyimah said:last_img read more

Transparency – The Critical Trust Enabler

first_imgVarious consumer privacy laws (such as GDPR and the California Consumer Privacy Act) recognizes transparency as a core principle of data protection.  Simply stated, transparency is related to the fair processing principle and processing can only be fair if it takes place in a transparent manner.However, transparency is only relevant if it is meaningful.  In practice, this means that a business will need to clearly communicate to their users about their data collection practice, which is usually in the form of a privacy statement. The privacy statement cannot be “overly legalistic, technical or use specialist language or terminology” as highlighted by the Article 29 Data Protection Working Party.  In other words, by adopting the “K.I.S.S.” principle (which has been associated with the aircraft engineer Kelly Johnson), which is, “keep it simple and straightforward”, users will likely entrust you with their personal data.So how can a business achieve user-centric transparency? By focusing on sharing meaningful information in clear, concise and plain language to truly inform users about how their personal data will be used, collected and shared throughout the lifecycle of the user’s data.Furthermore, transparency should be context-specific, flexible, dynamic and adaptable to enable a genuine choice to users.  By embracing this approach, it builds user trust and digital confidence as well as deepens the regulator’s trust.At Dell Technologies, transparency is an enduring commitment and our 2030 privacy moonshot goals are focused on putting our customers’ and employees’ in the driver’s seat in how they control their personal data by:Continuing to provide user-centric and transparent privacy statement;Leveraging leading-edge technology to make it easier for our customers to access or delete their personal information and to exercise their choices; andChampioning our customers’ and employees’ privacy rights by helping shape new consumer privacy laws with their rights in mind.Dell’s pledge of transparency sets a solid foundation for evolving technologies and embedding digital confidence.Last but not least, Dell Technologies will continue to invest in our advanced and comprehensive RSA Archer privacy governance and risk management technology to protect the personal data you entrust us with.last_img read more

Becca Blais, Sibonay Shewit elected student body president, vice president

first_imgEddie Griesedieck | The Observer Juniors Becca Blais, left, and Sibonay Shewit speak at the student body president debate Monday at Carey Auditorium. Students voted Wednesday, electing Blais the next president and Shewit the next vice president.Judicial Council announced the results of the campaign for student government at 1:50 a.m. Friday in an email sent to the student body. Juniors Becca Blais and Sibonay Shewit will take office for the 2017-2018 term as student body president and vice president April 1.Blais and Shewit were up against one other ticket, juniors Rohit Fonseca and Daniela Narimatsu.“We’re incredibly honored to have this opportunity to serve the student body,” Blais said. “We’re here to listen to every voice and amplify those voices. We would like to commend Rohit, Daniela and [campaign manager Madi Purrenhage] on an incredible campaign. It was an honor to run with friends.” The Election Committee of the Judicial Council announced at 1 a.m. Friday in a press release that the Fonseca-Narimatsu ticket for the student government election was required to forfeit 5 percent of the votes cast for the candidates’ ticket, a reduction from the original 7 percent forfeiture that was announced in a press release Wednesday.According to Friday’s release, Fonseca and Narimatsu were found to be “in violation of Subsection 17.2(e) of the Student Union Constitution” during their campaign.“Receipts for all election materials purchased or donated must be presented to the Election Committee prior to any use of the materials,” the section reads. “All receipts must be accompanied by a list of materials purchased.” According to Wednesday’s press release, Fonseca and Narimatsu purchased Facebook advertising prior to receiving the Election Committee’s approval.Section 17.2(f) of the Student Union Constitution calls for a “forfeiture of candidacy,” rather than a forfeiture of votes.“The Election Committee voted to remove Subsection 17.2(f) from the allegation result ‘in light of the senate’s decision’ per Subsection 13.5(j),” Friday’s release read.The 5 percent sanction was inconsequential, as Blais and Shewit’s 2,435 votes accounted for 52.89 percent of valid (non-abstention) votes prior to the sanction and 54.17 percent of counted votes following the sanction.Fonseca and Narimatsu’s initial 2,169 votes accounted for 47.11 percent of valid votes; following the sanctions, the ticket received 2,060 eligible votes, or 45.83 percent of the post-sanction total counted.There were 4,846 votes cast, with 242 abstentions — meaning the Blais-Shewit won a narrow majority of all votes cast — for a turnout rate of 58 percent.“We’re just very thankful to our team for standing by us — every student that shared their ideas with us,” Shewit said. “[Blais] and I are very, very excited to carry on the idea of revamping student government and making it student first.”The results were originally scheduled to be released to the campaigns at midnight Wednesday, however the appeal process delayed the release.When Blais and Shewit take office in April, they will become just the second female president-vice president pairing.The Observer reached out to Purrenhage for comment on behalf of the Fonseca-Narimatsu campaign, but had not received a response by the time of publication.Tags: Judicial Council, student body president elections, Student government electionslast_img read more

SUNY Spring Reopening Plan Announced

first_imgShare:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window) WNY News Now File Image.ALBNAY – A plan to get students back to college following the winter break has been released.On Sunday, SUNY Chancellor Jim Malatras released a new SUNY system-wide plan for the Spring semester; it includes starting classes later than usual and canceling spring break.Main components of the comprehensive plan include:All students to be tested for COVID-19 upon return.Pushing the start date of the spring semester for in-person instruction until February 1, 2021.The cancellation of spring break in 2021.All returning students must complete a seven-day precautionary quarantine prior to their arrival on campus.Mandatory mask wearing at all times, even with social distancing.A “What Students Should Know” plain language information to be sent to all students so they know what to expect this spring at individual campuses, such as how many courses will be online, hybrid, or in person. last_img read more

Official Notice: Proposed revisions to MI3 of the Standard Jury Instructions in Civil Cases

first_img Proposed revisions to MI3 of the Standard Jury Instructions in Civil Cases May 15, 2002 Regular News Official Notice: Proposed revisions to MI3 of the Standard Jury Instructions in Civil Casescenter_img The Supreme Court Committee on Standard Jury Instructions in Civil Cases proposes a revision to MI 3. After reviewing the comments received in response to this publication, the committee may submit its proposal to the Florida Supreme Court. Please send all comments to Sylvia Walbolt, chair, Carlton Fields, P.O. Box 2861, St. Petersburg, Florida 33731-2861. You can email your comments to her at [email protected] or fax them to her at (727) 822-3768. Your comments must be received by June 15, 2002, to ensure that they are considered by the committee. MI 3 INSURER’S BAD FAITH INTRODUCTORY COMMENT MI 3.1 or 3.2 is applicable when the particular matter in issue is the insurance company’s failure to settle a claim within its policy limits or its failure to offer up to its policy limits to settle above the policy limits. These charges do not exhaust the subject. Other charges are necessary if liability is asserted for the insurance company’s violation of some other duty, e.g. , “to advise the insured of settlement opportunities, to advise as to the probable outcome of the litigation, to warn of the possibility of an excess judgment, and to advise the insured of any steps he might take to avoid same.” Boston Old Colony Ins. Co. v. Gutierrez , 386 So.2d 783, 785 (Fla. 1980). MI 3.1 INSURER ’ ’ S BAD FAITH FAILURE TO SETTLE WITHIN POLICY LIMITS a. Issue: The issue for your determination is whether (defendant) acted in bad faith in failing to settle the claim [ of ] (name) [ against ] (insured) . An insurance company acts in bad faith in failing to settle a claim against its [policyholder] [insured] within its policy limits when, under all of the circumstances, it could and should have done so, had it acted fairly and honestly toward s its [policyholder] [insured] [excess carrier] and with due regard for [ his ] [her] [its] [their] interests. b. Burden of proof If the greater weight of the evidence does not support the claim of (claimant) , your verdict should be for (defendant) . However, if the greater weight of the evidence does support the claim of (claimant) , your verdict should be for (claimant) . “ The greater Greater weight of the evidence” means the more persuasive and convincing force and effect of the entire evidence in the case. If you find for (defendant) , you will not consider the matter of damages. But, if you find for (claimant) , then a. When claimant is original plaintiff: you will award (claimant) the sum of $ . b. When claimant is original insured person or excess carrier: you will award (claimant) the sum of $ , which is [the amount with interest (insured) has paid] [the amount (insured) is obligated to pay] in satisfaction of the judgment.c. When claimant’s damages include claim for costs and attorney’s fees: you should also award such additional amount as the greater weight of the evidence shows will adequately compensate (claimant) for costs and attorney’s fees necessarily and reasonably incurred by (claimant) in (identify prior proceedings in defending against claim or in resisting the judgment). You should not consider or make any award on account of (claimant’s) costs or attorney’s fees incurred in the present lawsuit. These will be determined and awarded by the court later. Damages 1. Cases without claims for mental distress: If your verdict is for (claimant) , the court will award damages in an amount allowable under Florida law. 2. Cases with claims for mental distress:* *use this instruction only if the court determines that there is testimony of a qualified health care provider to support a claim for mental distress pursuant to Time Insurance Company v. Burger , 712 So.2d 389 (Fla.1998). If your verdict is for (claimant) , you will next determine the claimant’s claim for mental distress. On claimant’s claim for mental distress, the issues for your determination are: Whether (defendant) ’s [denial of] [failure to timely pay] the claim resulted in (insured)’s failure to receive necessary or timely health care; and if so Whether this failure caused or aggravated (insured) ’s [medical] [psychiatric] condition; and if so Whether (insured) suffered mental distress related to the condition or the aggravation of the condition. Burden of Proof — Mental Distress: If the greater weight of the evidence does not support the claim of (claimant) for mental distress, your verdict should be for (defendant) on this issue. However, if the greater weight of the evidence does support the claim of (claimant) for mental distress, your verdict should be for (claimant) on this issue. Damages — Mental Distress: If you find for claimant on the claim for mental distress, then you will award claimant an amount of damages which the evidence shows will fairly compensate claimant for [his] [her] [loss][injury][or][damage] as a result of the mental distress. Your damage award should be for mental distress only. The court will enter judgment for other damages to which the claimant is entitled under the law. d. Punitive damages: * if a claim for punitive damages is made, substitute the following instruction for the“Bifurcated procedure for 1 st s tage” instructions located at PD Punitive Damages. Bifurcated procedure for 1st stage Punitive damages are warranted if you find by clear and convincing evidence that: 1. the acts giving rise to the violation occurred with such frequency as to indicate a general business practice; and 2. these acts were willful, wanton, and malicious, or in reckless disregard for the rights of the [insured] [beneficiary]. Comment on MI 3.1 See Campbell v. Government Employees Ins. Co., 306 So.2d 525 (Fla. 1975); Butchikas v. Travelers Indemnity Co., 343 So.2d 816 (Fla. 1977), affirming 313 So.2d 101. NOTES ON USE 1. In most bad faith cases, the scope of recoverable damages will be determined as a matter of law. The instruction omits asking the jury to insert a predetermined damage award on the verdict form, since that amount is not decided by them. The Committee expects that the omission of the issue from the instructions and verdict form will not affect the admissibility of the amount of the judgment in the underlying case. 2. In cases brought under section 624.155, Florida Statutes, issues of notice and cure generally will be determined by the court. See Talat Enterprises v. Aetna Casualty and Surety Co., 753 So.2d 1278 (Fla. 2000). Therefore, no standard jury instruction is provided on those issues. 3. No defense instruction is provided. In some cases, a defendant may argue that the insured’s settlement with a third party claimant was excessive or not made in good faith. That issue may be a jury question. In such cases, an additional instruction may be necessary. Likewise, if the jury finds that the settlement was improper, the actual damages sustained by the injured party may also be a jury question. MI 3.2 INSURER’S BAD FAITH FAILURE TO OFFER UP TO POLICY LIMITS TO SETTLE ABOVE POLICY LIMITS The issue for your determination is whether (defendant) acted in bad faith in failing to offer to pay its policy limits toward settlement of the claim of (name) against (insured) . An insurance company acts in bad faith in failing to offer to pay [an amount up to] [the amount of] its policy limits toward settlement of a claim against its [policyholder] [insured] when offering that amount would have resulted in settlement of the claim and, under all of the circumstances, the insurance company should have offered that amount, had it acted fairly and honestly toward [its policyholder] [insured] [and] [the excess carrier of its policyholder] and with due regard for [his] [its] [their] interests. If the greater weight of the evidence does not support the claim of (claimant) , your verdict should be for (defendant) . However, if the greater weight of the evidence does support the claim of (claimant) , your verdict should be for (claimant ). “The greater weight of the evidence” means the more persuasive and convincing force and effect of the entire evidence in the case. If you find for (defendant) , you will not consider the matter of damages. But, if you find for (claimant), then a. when claimant is original plaintiff: you will award (claimant) $ , the amount necessary to satisfy judgment, less the amount which the greater weight of the evidence shows (insured or excess carrier) would and could have paid, settling the claim of (claimant) , if (defendant) had offered to pay its policy limits toward the settlement. b . when claimant is original insured person or excess carrier [judgment satisfied] [judgment not satisfied] [you will award (claimant) $ , the amount (claimant) paid to satisfy the judgment, less the amount which the greater weight of the evidence shows (claimant) would and could have paid, settling the claim of ( name) , if (defendant) had offered to pay its policy limits toward the settlement. You will also award (claimant) interest on the amount due, at % per year, from (date claimant satisfied judgment) .] [you will award (claimant) $ , the amount (claimant) is obligated to pay to satisfy judgment, less the amount which the greater weight of the evidence shows (claimant) would and could have paid, settling the claim of (name) , if the (defendant) had offered to pay its policy limits toward the settlement.] c. when claimant’s damages include claim for costs and attorney’s fees: you should also award such additional amount as the greater weight of the evidence shows will adequately compensate (claimant) for costs and attorney’s fees necessarily and reasonably incurred by (claimant) in (identify prior proceedings in defending against claim or in resisting the judgment) . You should not consider or make any award on account of (claimant’s) costs or attorney’s fees incurred in the present lawsuit. These will be determined and awarded by the court later. Comment on MI 3.2 See General Accident Fire and Life Assurance Corp., Ltd. v. American Casualty Co. , 390 So.2d 761 (Fla. 3d DCA 1980).last_img read more

USS warns of ‘substantial’ deficit as fund returns 7.6%

first_img“This continuing deficit and the volatility which exists within the scheme funding position mean that there are some difficult decisions to make in the coming year.”USS said it is currently working with scheme stakeholders to “develop an appropriate response” to the expected deficit, which included a wholesale covenant analysis of the scheme’s sponsors.The open fund is also looking at closing off its final salary section and moving all members to career-revalued earnings (CARE) benefits  – which it began providing in 2011 – after the final salary section shut to new members.Over the last financial year the fund’s investments, 85% of which are managed in-house, performed relatively well, backed by rising equities.Its 7.6% investment return was demonstrated by a £3bn rise in the value of the fund as USS’ internal team delivered a 7.9% return on investments, 1.4% above its benchmark.Despite positive returns from equities, the fund continued its divestment of the asset class in favour of longer-term alternatives.It reduced its equity exposure from 50.3% to 43.8% over the year, continuing a decline that saw it reduce holdings by almost 30 percentage points since 2009.Infrastructure saw its share of the fund rise from 3.6% to 5.1% as USS continued its investment belief by purchasing holdings in Heathrow Airport and air traffic control business NATS.USS also bumped up its fixed income exposure by 8.3 percentage points, shifting assets towards sovereign debt and increasing its liability-hedging portfolio – which looks to reduce inflation and interest rate risks.Its longer-term investment strategy could change after consultation of the fund’s stakeholders is completed, Harris said.Due to auto-enrolment, the fund increased its membership by 4% over the year, adding in 31,000 members to the CARE section, which now accounts for a third of the fund. The £41.6bn (€50.3bn) Universities Superannuation Scheme (USS) saw a 7.6% return in its last financial year as it continued to consult on resolving its funding shortfall.The scheme, which provides benefits to the UK’s higher education sector, had a deficit of £7.2bn at the end of March 2014, a fall of £4.3bn from a year previous as liabilities reduced on the back of rising Gilt yields and relatively successful investment performance.However, the 319,000-member scheme is now undergoing its triennial review which is expected to reveal a more substantial deficit, according to USS chairman Sir Martin Harris.“We anticipate that, once the formal valuation is complete, we shall continue to report a substantial deficit,” Harris said in the fund’s annual report.last_img read more

CEO of largest UK private sector pension scheme to step down

first_imgThe record longevity risk deal insured 25% of BTPS’ longevity risk. The pension scheme created a wholly owned insurance company subsidiary to access the reinsurance market directly. It remains the largest single pension derisking transaction ever completed in the UK.In December 2017 it emerged that BTPS had terminated a contract with its administrator, Accenture, in order to bring the function in-house.Before joining BTPS, Haughey was at the pension fund of chemicals company ICI, where she was chief executive of the trustee’s secretariat and support function. Before that she was a partner at Deloitte, and also worked as head of corporate finance at Marks & Spencer for more than five years.Haughey said: “It has been a privilege to have worked with the trustee over the last five years.  I am immensely proud what my team and I have achieved in the interests of members, and I wish the trustee, scheme members, BT and my colleagues all the best for the future”. Paul Spencer, chair of the trustee said: “The trustee board and I are very sorry that Eileen has decided to leave. We wish to thank her for her immense contribution to the scheme over the last five years and wish her well for the next stage of her career.” BTPS is the 11th largest in Europe, according to IPE’s Top 1000 Pension Funds report.BT is seeking to make changes to its pension arrangements in order to address a large deficit in the defined benefit scheme. According to the company’s annual report for the 12 months to 31 March 2017, BTPS had a shortfall of £7.6bn. However, a funding update issued by the trustees later put the deficit at nearly £14bn as of 30 June 2016.The sponsor has proposed closing BTPS to future accrual in April. It has also sought to change the index it uses to calculate inflation-linked pension increases, but so far has been told this was not compatible with the scheme rules. The chief executive of the £49.3bn (€56bn) BT Pension Scheme (BTPS), the largest UK private sector pension plan, has decided to leave.Eileen Haughey, who joined the scheme in 2013, will be stepping down after the 2017 actuarial valuation is finished.During her time at the scheme Haughey has overseen a period of substantial development in the management and operations of the scheme, the trustees said in a statement today.This included the implementation of a £16bn longevity hedge in 2014 and, more recently, the in-sourcing of the scheme’s administration.last_img read more

All I want for Christmas is a pony

first_imgBeyond the usual homely inclusions, the property also has water tanks and a dam, an airconditioned workshop, two sheds with three-phase electrical power and a solar system.More from newsParks and wildlife the new lust-haves post coronavirus15 hours agoNoosa’s best beachfront penthouse is about to hit the market15 hours agoThe pool at 3640 Moggill Rd, Moggill.And while there are no pictures on the listing, there is also horse-friendly electric fencing and a stable, and space for a dressage area. Listed for sale, it is located behind an equestrian centre and is “perfect for a horse loving family”. But for those keen to make a tree change in 2019, these properties could help put your aspiring jockey on track for Melbourne Cup glory. RELATED: It is a wish that many parents will hear from their darling cherubs, “all I want for Christmas is a pony”.But unless you can perform a Christmas miracle, it is probably too late to make that dream come true, that is, unless you are willing to house Black Beauty in the backyard. Closer to Brisbane, Donna Strahan of Spinks & Co Residential is marketing 291 Upper Brookfield Rd at Upper Brookfield. The listing states “home, granny flat, animals, it’s all here”, and it is situated on 4ha. The property is fully fenced and has a seven-bay shed and workshop, four stables, fenced stock paddocks, a paddock for a horsearena, large chicken coop, orchard, herb garden and permanent dam. It is listed for sale. Giddy up! Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:51Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:51 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p432p432p270p270pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenStarting your hunt for a dream home00:51 Bookie puts mega-mansion on the market >>FOLLOW THE COURIER-MAIL REAL ESTATE TEAM ON FACEBOOK<< Bookie Dean Shannon is taking a punt and putting his equestrian property — Montana Park at Maleny — on the market.First up is Montana Parkat Maleny, a sprawling property that could be straight out of Big Sky Country. Set on 42.23ha, it has a homestead with a commercial-grade kitchen, gymnasium, cinema room, media centre or board room and a resort-style pool. There is also a separate four bedroom manager’s retreat and a state-of-the-art equestrian complex, including two Olympic dressage arenas. It is listed with Ray White Buderim. At Moggill, a five-bedroom house set within a 4.01ha private gated estate is listed with Place Kangaroo Point agent Deb Maguire. Why I live in … Kangaroo Point One of Australia’s finest equestrian properties, Montana Park at 236 Mountain View Road, Maleny, is going to auction on July 29. An aerial view of 39 Koombahla Drive, Tallebudgera.On the Gold Coast, LJ Hooker Mudgeeraba agent John Fischer has 39 Koombahla Drive at Tallebudgera — a rare offering of almost 6ha close to some of Queensland’s top beaches. It includes a main house with four bedrooms, a second four-bedroom, three bathroom residence, a two-bedroom, two-bathroom unit, a one-bedroom unit, a reception and office block. Equestrian facilities include paddocks with stables, indoor dressage arena with lights, sprinkler system, viewing room and grandstand, outdoor arena with lights, a circular lunging ring, round pen yard, round grassed arena, 17 indoor stables, a two-storey feed barn, multiple hold areas and solar fencing throughout all paddocks. State’s most-clicked properties of 2018 MORE:last_img read more

Double digit surge in unit values

first_imgReal Estate Institute of Queensland Townsville zone char, Ben Kingsberry of Harcourts Townsville, said people were “finally” recognising Townsville’s great value.“It’s been underpriced for a long time and people around Australia have finally woken up to it,” he said.The area still represents some of the best priced investment values, with the median house price at $308,868 and median unit value at $230,402.CoreLogic data showed 2,281 houses were sold over the 12 month period and 506 units, with investors drawn to strong gross rental yields – which was 6.2 per cent for houses and 6.5 per cent for units.The Regional Market Update showed that sales were also surging, up 12.5 per cent over a year ago. Demand is rising for quality homes in Townsville.Lead agent Julie Mahoney of Ray White said 2020 started out very strong.“Townsville being regional has had its challenges in the marketplace for a prolonged period of time, but January and February were some of the best that we’ve seen since 2007 and probably the secondary peak in 2012.”She said the high end market was going “exceptionally well” above the $1m market.But, she added, people were also looking for quality in all price ranges. “There are still some really good purchases however the inner city market is showing great attraction for people relocating from the suburbs, wanting to be closer to the city.”“I’m also seeing a huge trend in people that I have sold for in the past who have relocated to the major cities wanting to return with their families to live in paradise, and because, through COVID-19, it’s taught them that we are capable of working from anywhere remotely.” More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p216p216p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow much do I need to retire?00:58 Townsville from the air. Picture: Zak SimmondsTownsville has emerged with double-digit growth in median unit values in the year to April, with activity continuing to surge despite COVID-19 lockdown.Latest regional council figures by property analysis firm CoreLogic found median house values grew 3 per cent in Townsville over the 12 months to April, but its units surged a massive 11.7 per cent. Home built by pokies heir has jaw dropping twin pools MORE: Moving back in with Mum and Dad Mr Kingsberry said the industry knew there was a recovery underway.“We were expecting these positive numbers,” he said, “the markets been buoyant in the last six months. Even as we’ve had the COVID-19 lockdown in place the vacancy rate has continued to fall in Townsville and we’re still seeing market activity. Our feeling is the market is still rising a little bit.”“COVID-19 really hasn’t had a negative impact on property prices at all that we’ve been able to see. Townsville’s underlying economic recovery is so strong that despite having the COVID crisis, we’ve actually weathered the storm quite strongly.”He said there was continued activity from all areas of the market including interstate and local buyers, with a surge out of first home buyers especially.“First home buyers responding to low interest rates, that’s probably the most surprising thing for us.” FOLLOW SOPHIE FOSTER ON FACEBOOKlast_img read more