No deal for Linc Energy founder Peter Bond’s waterfront mansion

first_imgRay White auctioneer Haesley Cush at the auction of 36 Needham Street, Fig Tree Pocket. (AAP Image/Richard Walker)The property had been previously listed with other elite Brisbane agents including the principal of Adcock Prestige — Brisbane, Jason Adcock and Tyson Clarke of Queensland Sotheby’s International Realty — Ascot who had it listed for $11.9 million.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:06Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:06 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Trackdefault, 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 Rate1xFullscreenThe agent breakdown – who is who01:06With six registered bidders on board, about 70 people attended yesterday’s auction including neighbours and other high profile Brisbane agents.36 Needham St, Fig Tree Pocket 36 Needham St, Fig Tree PocketThe founder of collapsed Linc Energy Peter Bond has failed to sell his prestige waterfront mansion at auction with the property passing in at $9.25 million.Known as Rivergum Retreat, the seven-bedroom, nine-bathroom pad at 36 Needham St, Fig Tree Pocket, was purchased by Bond in November 2009 for $9.5 million.Since Linc Energy went into receivership last year with debts of more than $300 million, Bond has been trying to offload his property.Peter Bond, former Linc Energy boss. Photo: Anthony Weate More from newsMould, age, not enough to stop 17 bidders fighting for this home2 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor2 hours agoCrowds at the auction of 36 Needham Street, Fig Tree Pocket. (AAP Image/Richard Walker) 36 Needham St, Fig Tree Pocket. 36 Needham St, Fig Tree Pocket.Bond’s property spans 1.2ha and has river frontage of 132m. It also has a climate-controlled wine cellar, fully equipped gym, a boardroom, meeting rooms, gold class cinema, a horizon heated swimming pool complete with outdoor teppanyaki bar, a tennis court, and water sports facilities.According to CoreLogic data, the property was once owned by Zoe Cheihk, wife of developer George.Ray White New Farm principal Matt Lancashire was yesterday afternoon continuing negotiations with the highest bidder.last_img read more

UK roundup: Somerset CC scheme faces Extinction Rebellion protests

first_imgGlobal environmental movement Extinction Rebellion is targeting Somerset County Council Pension Fund with a protest outside the offices of Somerset West and Taunton Council on Friday 28 August at 12pm UK time, as part of its ‘We want to live…’ campaign.On a social media post, Extinction Rebellion said the protest is against Somerset County Council pensions committee’s continued investment in fossil fuels, despite the fact that the county council and four district councils declared a climate emergency in February 2019.The post claims that companies such as Shell and Exxon are planning to expand fossil fuel extraction significantly by 2030. “This is incompatible with the declaration made by Somerset County Council and the four district councils in Somerset to reduce carbon emissions to net zero by 2030,” it said.Nearly 8% of of the pension fund’s £2bn (€2.2bn) assets are invested in companies that fuel the climate and ecological crises. These include companies like BP, Royal Dutch Shell, Rio Tinto and Exxon Mobil, Extinction Rebellion stated. The council’s pensions committee did not respond to IPE’s request for comment.Extinction Rebellion’s post also said the protest would be peaceful, non-disruptive and socially distanced.Similar protests will take place across the county – outside the district council offices in Bridgwater, Shepton Mallet and Yeovil – that day, and at other locations in the South West, the group announced.Aon: smaller bulk annuity transactions soarConsultancy Aon has said that favourable market dynamics in the first half of 2020 led to an increase in the number of smaller bulk annuity transactions relative to recent years.The first half of 2020 saw a near 20% increase in the number of smaller transactions – below £100m (€109m) – compared to the same period last year.The firm expects this trend to accelerate through the remainder of 2020, it said.Its analysis of the market and views from insurers show that several factors contributed to the favourable conditions for smaller transactions:Fewer jumbo transactions in the market compared to last year, which has meant insurers have had more capital and manpower to deploy across a wider spectrum of transactions;An increase in the use of streamlined auction processes for smaller transactions – which particularly helped during recent volatile market conditions;Insurers investing in technology and operational capacity at the smaller end of the market, to increase supply for smaller schemes looking to de-risk.Stephen Purves, partner at Aon, said: “There has been a misconception that smaller schemes struggle to access competitive pricing from insurers, so it is really pleasing to see them taking advantage of these market opportunities and transacting in the first half of 2020.”He said that several factors – including the impact of COVID-19, market volatility and an increased insurer capacity – have led to many more smaller transactions taking place.“This is particularly so when compared to recent years in which larger transactions have dominated – and maybe it has changed the perception of the sort of schemes that should and can come to market,” he explained.PLSA releases climate indexes guideToday the Pensions and Lifetime Savings Association (PLSA) has published the Climate Indexes Made Simple guide, which is sponsored by MSCI, as is designed to help scheme trustees understand how climate change indexes work and how they can help mitigate risk and promote good stewardship.PLSA said that climate change is “becoming one of the most important long-term investment risk factors, meaning trustees have an increasing need to measure and manage climate risk and to build climate resilient investment portfolios”.At the PLSA Investment Conference 2020, pensions minister Guy Opperman made this clear when he said: “If you are in the pensions and savings business, you start with the fundamental principle that you believe saving should be done for the longer term. If you aren’t addressing climate change, there is no longer term. It is the defining issue of the 21st century.”In the guide, Remy Briand, head of ESG at MSCI, said that until now, measuring the potential impact of transitional or physical risks or the economic impact of climate change on portfolios was limited due to the lack of tools available to investors.“We believe climate change will become the most important investment risk factor over the long-term,” he added.To read the digital edition of IPE’s latest magazine click here.last_img read more

Aid Groups leave South Sudan following fresh fighting

first_imgHumanitarian organizations have started to withdrawn their staff from  Unity State in south Sudan after reports of Fierce fighting between rebel groups allied to President Salva Kiir and his former deputy Riek Machar.Reuters reports that the International Committee of the Red Cross (ICRC) and other groups said this over the weekend expressing concerns over thousands of people who are being forced to flee their homes.A political crisis in South Sudan in late 2013 sparked fighting between forces loyal to President Salva Kiir and rebels allied with his former deputy Riek Machar.The conflict in the world’s youngest country reopened ethnic fault lines that pit Kiir’s Dinka people against Machar’s ethnic Nuer forces. A government military spokesman, Philip Aguer, confirmed the fighting in Unity State according to Reuters.Doctors without Borders said it had shut down a hospital in the town of Leer amid reports of an imminent attack.The group said it had closed the same facility last year when staff members fled on foot, carrying critically ill patients on their backs.They hid on the banks of swamps and survived by drinking swamp water, it said in a statement. “Today, we withdraw again with a heavy heart, because we know how civilians will suffer when they are cut off from critical, lifesaving medical care,” said Paul Critchley, head of the mission.The International Committee of the Red Cross (ICRC) said separately it had also been forced to withdraw key staff from Leer and that it was concerned for the wellbeing of tens of thousands of people who have reportedly fled the area. “These communities face a fight for survival, hiding in the bush in unimaginably harsh conditions,” said Franz Rauchenstein, who heads the ICRC’s delegation in South Sudan.last_img read more

UPDATED: Serious crash under investigation in Dearborn County

first_imgPhoto: Indiana State PoliceAurora, In. — First responders are investigating a serious crash in Dearborn County involving a school bus and a Rumpke garbage truck.Preliminary reports indicate the accident occurred on State 350 near Mt. Sinia Road around 7:30 a.m. and involved a bus from the South Dearborn Community School Corporation. Unconfirmed reports say as many as 21 people have been injured and up to 15 ambulances have been dispatched to the scene. Officials are urging the public to stay away from the area.This is a developing story.Around 9 a.m. Wednesday the Lawrenceburg Police Department posted the following: (A link to the social media account is here) All parents/family/guardians responding to HighPoint Health Hospital in response to the bus crash on SR 350 need to go to the front lobby of the hospital, not the Emergency Room. That area is being utilized for patient care. Thank you for your cooperation.Around 9:30 a.m. the Dearborn County Sheriff’s Department added this information:(Here is a link to their social media account) This is a release from the South Dearborn Community School Corporation…..At approximately 8:05 AM there was an accident involving a school bus traveling on highway 350 between Moores Hill and Aurora. There were injuries during this accident and some were transported to area hospitals. Parents of students involved in this accident are being contacted. The investigation is ongoing and we will provide more information when available. If you have any questions, please contact central office at 812-926-2090.last_img read more

Plumtree hails ‘fussy’ O’Connell

first_imgPaul O’Connell’s “fussy” leadership commands worldwide respect, according to Ireland assistant coach John Plumtree. Captain O’Connell has made “rapid improvements” in his bid to beat the chest infection that ruled him out of Sunday’s RBS 6 Nations victory over Scotland, team manager Michael Kearney confirmed. O’Connell watched training on Tuesday and spoke in an analysis session, with Ireland bosses remaining confident the 34-year-old will train fully on Thursday. “It would be great to have Paul back for this big contest, so that’s why we’re looking after him.” Cian Healy is expected to shrug off an ankle knock in time to face Wales, scrummaging in training on Tuesday but not running. Rob Kearney should also recover from his bruised calf. Longer-term casualties Eoin Reddan, Luke Fitzgerald, Tommy Bowe and Donnacha Ryan will not return to Ireland training this week. Michael Kearney believes the quartet have a chance of returning to provincial action in the next fortnight. Ireland’s team manager admitted pinpointing recovery from infection is no exact science, but predicted O’Connell beating his illness in time to face Wales. “I think the nature of any chest infection it is a little bit of wait-and-see, it doesn’t just clear up overnight, but he’s on his third day of treatment,” said Kearney. “But again, all the signs are he will be fit and ready to go, so we’re very confident he’ll be okay. “He is getting treatment, recovering well and has made fairly rapid improvements from Saturday night.” Wales centurion Gethin Jenkins will replace Paul James at loosehead this weekend. Wales came under frequent scrum censure in their victory over Italy in Cardiff on Saturday, with James penalised regularly in his battle with Martin Castrogiovanni. Adam Jones boasts a fearsome reputation as one of Europe’s frontline tightheads, but Ireland coach Plumtree is unfazed by the challenge. “I think our scrum has been really good,” said Ireland’s Kiwi coach. “Mike Ross is a good tighthead prop, Cian Healy is a world-class loosehead, and Rory Best is an outstanding hooker. “That front row is experienced and the big thing is you need to know how to adjust to the opposition and what they are trying to do to you. “Since the autumn we have conceded hardly any penalties or free-kicks from the scrum. “We want to paint the right pictures to the referee, and certainly we’re pleased with our discipline record so far.” Press Association Forwards coach Plumtree said O’Connell’s potential return would prove a huge boost ahead of Saturday’s clash with Wales in Dublin. “I’ve been around a long time, and Paul’s right up there in terms of the professional rugby players I’ve been involved with,” said Plumtree. “I’ve coached in New Zealand and South Africa at the top level, and they can’t talk highly enough about that guy. “He’s huge in terms of how he applies himself to his own preparation, making sure he ticks his own boxes so that he can lead the team right, and that takes time and effort. “He’s really fussy about how he goes about his business. “I’ve been involved with a lot of really good leaders that don’t do that a nd he is one guy that I’ve just been really impressed with. “The players have got such great respect for him, and that’s what makes him such a good leader. “He doesn’t do all the bantering and yelling off the pitch, he gets on with it, he’s a smart operator: he knows the right questions to ask and what buttons to press, and he’s a good man. last_img read more

Sherwood: Vlaar must prove himself

first_imgTim Sherwood has urged Ron Vlaar to prove himself again as the Aston Villa skipper prepares for his return. Press Association And Sherwood has put any contract talks on hold with Vlaar in order to focus on keeping Villa in the top flight. “He realises he needs to be playing. I haven’t even bothered speaking to him. There’s time for that when we are safe,” he said. “He is just concentrating on getting fit to play. Without getting on the pitch, he’s not going to be an attractive proposition to anybody.” He played under Louis van Gaal in Brazil and will face his former international boss when Villa travel to Old Trafford on Saturday. The 30-year-old is out of contract in the summer and, having shaken off a calf injury, Villa boss Sherwood wants Vlaar to rediscover his spark. He said: “We all know what he has done over the years but when people are putting their hands in their pockets to fork out money, they want to know they are getting value. “He was right up there with the best at the World Cup but people have short memories. “You are always looking at what people are doing now rather than a few months ago. “He will have far more options open to him if he is in the shop window that’s for sure.” Vlaar has only made 12 Barclays Premier League starts this season following calf and knee problems as Villa, three points above the relegation zone, battle the drop. His last game in February saw him concede a stoppage-time penalty and get sent off as Villa lost 2-1 to Stoke in Sherwood’s first match. Sherwood wants to see the fit-again defender help struggling Villa to a grandstand finish and warned him people may have forgotten his World Cup heroics. Vlaar starred in the Netherlands’ run to the semi finals in Brazil last year – despite missing a penalty in the last four shoot-out against Argentina – leading to links with Manchester United. last_img read more

Georgia family finds owl hiding in their Christmas tree

first_imgJust a few days before Christmas, a Georgia family discovered a owl hiding in their Christmas tree.According to reports the family found the owl on their Christmas tree on Thursday, December 12th. They had bought the 10-foot tree from a Home Depot, and brought it back to their Atlanta area home.Katie McBride Newman said that she and her daughter spotted the bird. Newman said her daughter is a big fan of owls, so the tree actually had owl ornament decorations all around it.“It was surreal, but we weren’t really freaked out about it,” McBride Newman said. “We’re really outdoorsy people. We love the wilderness.”The family eventually called for assistance in order to remove the owl from their tree. They called the Chattahoochee Nature Center, a non-profit environmental center.One of the employees stopped by the McBride Newman residence and identified it as an Eastern screech owl. The family was instructed to leave the bird in a crate in a darkened room and release it after dark.last_img read more

VCU faces UMass in A10 tourney

first_imgVCU faces UMass in A10 tourney STEPPING UP: UMass’ Tre Mitchell has averaged 17.7 points and 7.2 rebounds while Carl Pierre has put up 12.1 points. For the Rams, Marcus Santos-Silva has averaged 12.8 points and 8.9 rebounds while De’Riante Jenkins has put up 10.3 points and four rebounds.SPARKING THE OFFENSE: Mitchell has either made or assisted on 53 percent of all UMass field goals over the last three games. The freshman big man has accounted for 26 field goals and 10 assists in those games.PERFECT WHEN: VCU is a perfect 6-0 when the team makes at least 79.3 percent of its free throws. The Rams are 12-13 when they shoot below 79.3 percent from the line.THREAT FROM DEEP: UMass’s Pierre has attempted 224 3-pointers and connected on 33.5 percent of them, and is 9 of 36 over the last five games.TOUGH DEFENSE: VCU has forced opponents into committing turnovers on 24.7 percent of all possessions this year, the eighth-highest rate among all Division I teams. Associated Press March 10, 2020center_img Share This StoryFacebookTwitteremailPrintLinkedinRedditNo. 9 seed VCU (18-13, 8-10) vs. No. 8 seed UMass (14-17, 8-10)Atlantic 10 Conference Tourney Second Round, Barclays Center, Brooklyn, New York; Thursday, 11 p.m. EDTBOTTOM LINE: VCU is set to match up against UMass in the second round of the A10 tournament. The only meeting between the teams this season came on Feb. 26, when the Minutemen shot 42.9 percent from the field while holding VCU to just 31.6 percent en route to a 60-52 victory. ___For more AP college basketball coverage: https://apnews.com/Collegebasketball and http://twitter.com/AP_Top25___This was generated by Automated Insights, http://www.automatedinsights.com/ap, using data from STATS LLC, https://www.stats.comlast_img read more

Mascot fight: Ephs or Poets?

first_imgAccording to Eric:With its mascots being the Ephs, you might think that Division III Williams College was a school for dropouts, but that is not the case. The school was named No. 1 academically last year.In fact, the mascot is pronounced “Eefs.” Unfortunately, that takes out my argument that they could have the greatest, or at least most witty, chant at sporting events. I can almost here the echoing of “Eph that, Eph that” right now.However, nobody does it better than the Ephs, as was seen when they won the Director’s Cup — awarded to the best school athletically — and were named the nation’s top liberal arts college by U.S. News and World Report.The squash team is quite intriguing, as the Ephmen have produced 18 All-American players, including four-time All-Americans Win Tangjaitrong, Zafir Levy and Bruce Hopper.Oh yeah, and Williams is the alma mater of New York Yankees owner George Steinbrenner, one of the most powerful men in any sport in history. How many schools can say that? Furthermore … how awesome would it be to see George Costanza call Steinbrenner an Eph to his face? Or perhaps, “Eph you, Steinbrenner!”The mascot is named after the founder of the school, Ephraim Williams, who was killed in the Battle of Lake George in the French and Indian War and appears in early versions of “Yankee Doodle Dandy.” John Greenleaf Whittier can’t claim that!But the real reason the Ephs are the best is because of what an Eph apparently is — a purple cow.The origin has many tales, but the school’s website claims the purple cow was chosen in 1907 and named after a popular campus humor magazine, “The Purple Cow.”But to combat the poetry of my counterpart, as much as I love the purple cow as the mascot, I must agree with Gelett Burgess’ words: “I never saw a purple cow / Nor do I hope to see one; / But I can tell you, anyhow, / I’d rather see than be one.”Moooooooove over, poets!According to Tom:This question, ’tis quite easy to ponder, for of the name Poets I am much fonder.Whittier College in California, the Poets they are called, and for many years they have footballed. Check them out on most Saturdays, and you’re sure to find someone making plays. Unfortunately, to the University of Redlands last week they did fall; though getting the ball to senior Alex Jones was a good call. One hundred twenty-two yards on nine catches he did haul in, making defenders look like Snoop Dogg on juice and gin.Named after John Greenleaf Whittier the writer, their mascot is much tighter. And tighter in the sense meaning cooler; their symbol carries a pen and a pad, not a ruler.The mascot rocks the purple and yellow, and in water polo, freshman Alex Student makes opponents bellow. Three goals against Cal Tech he did tally, leading a great Poet rally. Whittier men’s water polo, with 14 All-Americans in its past, has a proud tradition; Student is simply the Poets’ latest rendition.And how can any writer not give this mascot its support? What, Mr. Schmoldt? Let me hear your retort.It’s creative, it’s witty (oh, it goes with the name) and, most of all, it’s cool. Nothing standard, something different, not a tool. They are clever, refusing to use a silly Wildcat. Instead, this dude rocks a tri-cornered hat. And just imagine what a Poet can do with a bat; a 22-17-1 record on the diamond in 2004, just that.Go ahead, take your purple cow; my purple Poet will instead take a bow.So you see, Mr. Schmoldt, maybe you should bolt. For this contention of mine makes others pine, and you’re completely out of line. This point is simply divine.last_img read more

100 years of being a USC Trojan

first_imgWhen Los Angeles Times writer Owen R. Bird coined the term “Trojans”  100 years ago in a track and field preview, the 25-year-old had no way of knowing that his invention of the nickname would be one of the most timeless images over the past century.For most schools, a nickname is just that. It’s the face of school pride, a mascot, an easy way to brand merchandise to the masses.From the Billikens to the Catamounts to the Runnin’ Rebels and the Zips, nicknames have turned universities into laughable caricatures of themselves.Not so at USC.To most, the Trojans are remembered as the romanticized figures in Homer’s epic poems, The lliad and The Odyssey. They are remembered as the brave souls who courageously fought to the end, before their city of Troy was seized and burned by the Achaeans during the Trojan War.But on these grounds, Bird’s poignant term has transcended its initial purpose.Here, the term Trojans is not a creation of Greek mythology. It’s not even a simple seven-letter word that a crafty journalist conjured up back in 1912.On this campus, the Trojans represent a sense of belonging, a family and a university built on success in all facets of life.Whether you’re a parent shelling out tuition money, a student having the time of your life or an educator, we can agree that what it means to be a Trojan cannot be explained in a simple sentence or even a scrapbook of anecdotes.It’s 90,000 people packed in tightly for a Saturday afternoon of football at the Coliseum. It’s the crisp air on a Friday night at Dedeaux Field, where fastballs and double plays usher in the transition between winter and spring.It’s 116 team national championships, 363 individual NCAA championships and more Olympic medals — 123 — than any institution in the country.But more than that, it’s the foundation for a truly unique cultural experience.While the faces who have donned the cardinal and gold have changed over the past 100 years, the face of this university has withstood the test of time.It’s a face of champions, both on the field and off. It’s a face of innovation, whether in a research lab or in John McKay’s 1970 backfield. It’s a face that celebrates artistry, whether it’s in the field of cinematic arts or a leaping catch by freshman wide receiver Marqise Lee or a sensational backhand down the line by senior Steve Johnson.What makes being a Trojan so magical is you don’t have to call the campus home Monday through Friday to take part in the experience. There are thousands of people who wear the cardinal and gold and have never hung a fancy diploma in their office.And that’s the beauty of Bird’s term.To be a Trojan, you don’t need to be a student, a faculty member, a parent or even an athlete competing on the field of play, because the experience is about taking part in something bigger than yourself.If this seems like a glorified portrayal of what it means to truly be a Trojan, I challenge you to walk into any building on any day of the week, be it Heritage Hall, Bovard Auditorium or Seeley Mudd.Go up to the first person you see and ask them what it means to them to be a Trojan.Odds are they’ll speak of Tommy Trojan, tailgating on Trousdale, a Matt Barkley touchdown pass, shaking hands with Louis Zamperini for the first time or memories that have shaped who they are today.Look at the genuine enthusiasm in their eyes, the glowing smile on their face, the unyielding pride bursting out upon every syllable spoken.The century-old nickname is about more than school spirit, the millions of dollars made on jerseys and memorabilia every year, the championship plaques and Olympic medal celebrations.The Trojans are not the Beavers, the Cougars, the Cardinal and they’re certainly not the Bruins.In all honesty, the Trojans are not even on the same playing field, literally and metaphorically. Not just in this city, the state or around the country. I’m talking globally.In Los Angeles, Stockholm, London or any other metropolitan city around the globe, try walking past a fellow Trojan and getting ignored. It doesn’t happen.Because 100 years later, each of us, regardless of our age, race, creed, religion or political affiliation, have taken Bird’s black ink on a page and turned it into an illuminating depiction of how powerful the human bond among thousands worldwide can be.Whether you attended the school 40 years ago, have a rooting interest in the athletic program as a native Angeleno or appreciate the university’s commitment to academics and research, you know there’s nothing mythical about the Trojans.For all of us and for those who came before us, there’s nothing more real than to be a Trojan. It’s a part of us, now and forever. “For the Love of the Game” runs Wednesdays. If you would like to comment on this story, visit DailyTrojan.com or email Dave at dulberg@usc.edulast_img read more