TrizecHahn Euro-head quits as Mayfair HQ goes on market

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Home ownership doesn’t guarantee happiness: Survey

first_imgHome ownership doesn’t guarantee happiness according to new research.SCRIMPING and savings for a home getting you down? Perhaps it’s time for a reality check: Owning a home doesn’t necessarily guarantee happiness, new research has found, with more than half of those with mortgages unhappy.Researchers have found that the majority of Aussies consider their home loan a burden rather than a blessing.The Gateway Mortgage Holders Sentiment Report found that 56 per cent of those who were currently paying off a mortgage or have paid off a mortgage found it a burden that somewhat limited their lifestyle. Just 44 per cent saw their home loan as a benefit that helped their lifestyle – something Gateway chief executive Paul Thomas believed pointed to a broader problem of Aussies being heavily indebted.More from newsParks and wildlife the new lust-haves post coronavirus22 hours agoNoosa’s best beachfront penthouse is about to hit the market22 hours ago“Around three-in-ten households (29 per cent) were classified as ‘over-indebted’ (by the Australian Bureau of Statistics),” he said. “In fact, the ABS research also revealed owners with a mortgage were the most likely households to be over-indebted (47 per cent)”. Getting your money into a home is only part of the challenge.Queenslanders were less likely to consider their home loans a burden (47 per cent view their home loan negatively) while those in Victoria (59 per cent) and New South Wales (56 per cent) were more likely to be pessimistic.“It’s not surprising to find that many view paying off their home as an encumbrance. It’s one of the biggest financial decisions you will make in life, so borrowers need to do their due diligence before buying a property. There are many advantages to owning your own home and while a mortgage is considered ‘good’ debt, borrowers need to make sure they’re not overstretching themselves and taking on more than they can handle,” Mr Thomas said.Aussie attitudes to mortgages have grown more negative in the past two years, the research found, with only 40 per cent seeing their home loan as “at least somewhat of a benefit” (down 5 percentage points).”“We know times have become tougher over the past few years. CoreLogic recently reported property price growth across all capital cities is at a seven-year high (12.9 per cent). Not to mention, wages growth remains stuck at a record low, sitting under 2 per cent. All these factors seem to be contributing to our dissatisfaction when it comes to the cost of home ownership.”last_img read more

More than 30 Dead after Ferry Sinks off Indonesia

first_imgMore than 30 people died following the capsizing of a ferry in the waters off Indonesian South Sulawesi province on Tuesday.At the time of the incident, there were 189 passengers on board the KM Lestari Maju ship. 34 people died while 155 survived the incident, Sutopo Purwo Nugroho, Head of Public Relations of Indonesia’s National Disaster Mitigation Agency (BNPB), confirmed in a tweet.KM Lestari Maju alami kecelakaan laut hampir tenggelam di Perairan Selayar Kabupaten Bulukumba Provinsi Sulsel pada 3/7/2018, 14.30 WITA. Kapal membawa penumpang dan kendaraan. Diduga terjadi kebocoran lambung kiri kapal. Evakuasi dipimpin Basarnas dibantu BPBD dan aparat lain. pic.twitter.com/GwiTj9z7UI— Sutopo Purwo Nugroho (@Sutopo_PN) July 3, 2018Search and rescue operations were launched in the afternoon hours of July 3, led by BNPB and other agencies. Despite high waves and rain, all of the victims have been evacuated, local media cited Selayar police chief as saying.The sinking has been reportedly caused by a leak in the ship’s hull.KM Lestari Maju also carried vehicles and IDR 30 billion ( around USD 2 million) in cash intended for civil servants of Selayar Islands. As informed, the money is still on the vessel, guarded by security officers, and is expected to be recovered.Yang mengapung di perairan ini bukan uang tetapi mie instan. Uang Rp 30 milyar masih berada dalam mobil Bank Sulselbar di dalam KMP Lestari Maju. Uang masih dijaga security dan akan diselamatkan. pic.twitter.com/Se9CXXa2kG— Sutopo Purwo Nugroho (@Sutopo_PN) July 4, 2018This is the second ferry incident in the country in the past few weeks. Another ship sank in Indonesian Lake Toba, one of the world’s deepest volcanic lakes, on June 18, with nearly 200 people presumed to have drowned.World Maritime News Stafflast_img read more

The Latest: Texas Rangers manager thanks health care workers

first_imgMurphy says he’s got a mask, gloves and wipes for his cross-country flight, which comes at a time when much of the world is locked down.___The NHL’s chief medical officer expects the coronavirus pandemic to get worse before it gets better.Dr. Winne Meeuwisse says the virus “really just entering the rapid acceleration phase” in North America. That makes it unclear when hockey might resume.He says the league is thankful only two players have tested positive for COVID-19 so far and its hopeful weeks of isolation will prevent more from contracting the virus. Players and staff have been told to self-quarantine until at least April 4. There is no timeline for when players might be able to start working out in small groups or report to team training facilities. Meeuwisse says the trajectory of the coronavirus outbreak in the U.S. and Canada will determine when that might be possible.Varying recommendations and lockdown regulations across the league’s 31 markets could impact how the NHL proceeds. Meeuwisse and deputy commissioner Bill Daly are still unsure whether fans would be allowed in for potential games when they resume.___Mary Roman, a world-class senior athlete who held numerous national age records in track and field, has died of complications from COVID-19. She was 83.Mayor Harry Rilling of Norwalk, Connecticut, made the announcement. Roman, who also served for 20 years as Norwalk’s city clerk, died Monday night at Norwalk Hospital. March 25, 2020 Federer writes on his social media accounts that “these are challenging times for everyone and nobody should be left behind.”The announcement was the first post on his Twitter and Instagram accounts in more than three weeks.Federer underwent surgery on his right knee five weeks ago and hoped to return for grass-court tournaments in June. The men’s tennis tour has since shut down because of the coronavirus pandemic.Federer says he and wife hope “others might join in supporting more families in need.”___ Major League Soccer has extended its moratorium on team training through April 3 and still wants players to stay in their team’s local market.MLS has targeted May 10 as a potential return date.Team training facilities may be used only for physical therapy purposes at the direction of the team’s medical staff.___Roger Federer and his wife, Mirka, say they have donated 1 million Swiss francs ($1.02 million) “for the most vulnerable families” in Switzerland. Aqueduct has extended the suspension of live horse racing through at least April 5 because of the impact of the new coronavirus in New York.As a result, the $750,000 Wood Memorial has been postponed. No make-up date has been determined yet for the major Kentucky Derby prep that was to be run on April 4.Last Thursday, the New York Racing Association suspended racing at Aqueduct after confirmation that a backstretch worker who lived and worked at Belmont Park tested positive for COVID-19. The Belmont backstretch is home to 585 workers who tend to the daily care of more than 1,300 horses stabled on the property.The pandemic has affected other prep races for the Kentucky Derby, which itself was postponed from May 2 to Sept. 5. The Sunland Derby in New Mexico and Blue Grass and Lexington stakes in Kentucky have been canceled, along with the UAE Derby. The Arkansas Derby was pushed back from April 11 to May 2. For now, the Florida Derby on March 28 and Santa Anita Derby on April 4 are still scheduled. The Belgian soccer league says clubs should not apply for temporary layoffs for their players despite matches remaining suspended because of the coronavirus outbreak.The league asked clubs not to burden the government’s temporary unemployment scheme for employees forced out of work because of the lockdown measures implemented in Belgium.The league says exceptions can be made only “for urgent economic reasons.”The league also says it’s too early to decide when matches can resume.___ Richeze wrote on Instagram that two tests for COVID-19 had come back negative and he was discharged Wednesday.That status of Richeze’s teammate, Fernando Gaviria, remains unknown after he also tested positive for the virus. Two staff members for UAE Team Emirates also tested positive, and the entire team remains in voluntary quarantine.The second edition of the UAE Tour, a major early season stage race, was canceled with two stages left. Riders and support staff for all 22 teams were isolated, though nearly all of them now have been cleared to leave the country.___The All England Club says it is still evaluating whether to postpone or cancel Wimbledon because of the coronavirus pandemic and plans to make a decision next week. The message was sent to the Texas Hospital Association and Medical City of Arlington and Dallas.“We’re just trying to say thank you to all of these people on the front lines,” Woodward said Wednesday. “The first responders are first on the scene to a lot of these things. … The doctors, nurses, everybody, they’re putting themselves at risk for all of us.”Woodward said his wife isn’t currently working in a hospital. She finished a nursing contract at the end of February in Arizona, where they live, and is going back to school for another license.The Woodwards are also joining Rangers general manager Jon Daniels and his wife, Robyn, to provide meals to health care workers at Medical City of Arlington and Dallas.___ ___IOC president Thomas Bach says government guidelines imposing restrictions on daily life only into next month and even President Donald Trump’s target of the “middle of April” to lift them are among the reasons why he waited so long to postpone the Tokyo Olympics.Bach says “we were in line with these developments” until World Health Organization leaders said Monday the coronavirus pandemic is accelerating.Bach and the International Olympic Committee faced mounting criticism from athletes last week for publicly supporting holding the Tokyo Games in July and August.Bach was asked on a conference call why the postponement decision came only after much of the world was in lockdown. He says “we could not see (government) measures being taken lasting until July.” Now that the Tokyo Olympics have been postponed for up to a year because of the coronavirus outbreak, world-class athletes have plenty of free time.American swimming star Ryan Murphy, who won three gold medals at the 2016 Rio Games, is planning to fly home to Jacksonville, Florida,from his training base at Cal-Berkeley.“I haven’t been home in a year and half,” the 24-year-old Murphy told The Associated Press on Wednesday. “It’s been forever. That’s the silver lining to all the madness. My parents are home and I suddenly get to spend a lot more time with them. I’m looking forward to it.”Murphy’s coach Dave Durden, one of the head coaches for the U.S. team in Tokyo, essentially wrapped up the season after Tuesday’s announcement by the International Olympic Committee. He met with his each of his swimmers and told them to take a few weeks off.“That’s closure for now,” Murphy said. “We’re taking a step back and trying to create a plan and refocusing toward 2021.” Roman, who also served for 20 years as Norwalk’s city clerk, died Monday night at Norwalk Hospital, Mayor Harry Rilling said.A childhood polio survivor, Roman began competing in senior track events in 1989 and won hundreds of medals, mostly in the throwing disciplines.At various times, she held the American record in the shot put in the women’s 65-69, 70-74 and 75-79 age groups. She also was once the nation’s top-ranked thrower and ranked eighth in the world in the weight throw in the 75-79 age group.___Argentine cyclist Max Richeze has been released from a hospital in the United Arab Emirates, where the UAE Team Emirates rider spent 18 days after testing positive for the coronavirus following the cancellation of the UAE Tour.center_img The Latest: Texas Rangers manager thanks health care workers ___NFL Commissioner Roger Goodell has instructed the 32 teams to close their facilities to all but a select few employees by 6 p.m. Wednesday. In a memo to the teams, Goodell said the restrictions meant as a safeguard against the new coronavirus will be in force until at least April 8. Then the league will re-evaluate, using advice from medical experts and health authorities. The few exceptions include trainers and doctors treating players, security and technology personnel.The NFL has gotten some pushback for not postponing the draft scheduled for April 23-25 while the rest of the sports world is largely shut down. The league is developing a new format because it has scrapped the public events set for Las Vegas. ___ The Spanish soccer federation has announced measures to help smaller clubs financially.The measures include a loan of 4 million euros ($4.3 million) to help pay the salaries of players and coaches.The loan will be available to clubs from the third and fourth divisions, and futsal clubs. It can be paid back without interest over two seasons.The federation also says it will negotiate a credit line for teams in the first and second division.Federation president Luis Rubiales says the federation’s doctors will be made available to help fight the coronavirus pandemic, and the national team’s hotel can be used as a hospital if necessary. A childhood polio survivor, Roman began competing in senior track events in 1989 and won hundreds of medals, mostly in the throwing disciplines. At various times, she held the American record in the shotput in the women’s 65-69, 70-74 and 75-79 age groups. She was once the nation’s top-ranked thrower and ranked eighth in the world in the weight throw in the 75-79 age group. In 2016, she was named Connecticut Masters Games Athlete of the Year. Former Norwalk Mayor Richard Moccia told Hearst Connecticut Media that he didn’t think he ever met a person who didn’t like Mary Roman.”___ Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___Texas Rangers manager Chris Woodward and his wife Erin, a trauma nurse, have recorded a message thanking first responders and health care workers. The United Center is going to be turned into a logistics hub to help with Illinois’ response to the novel coronavirus.The United Center and the surrounding area will be used for front-line food distribution, first responder staging and collecting medical supplies. “On behalf of the Chicago Bulls, Chicago Blackhawks, our athletes, our front offices and our dedicated United Center personnel, our thoughts and support are with the people of this great city and state,” a spokesman for the United Center said in a release. “Together, we will get through this.”___Mary Roman, a world-class senior athlete who held numerous national age records in track and field, has died of complications from COVID-19, the mayor of Norwalk said. She was 83. That’s when the club’s main board is scheduled to hold an emergency meeting.Main-draw play at Wimbledon is slated to start June 29 and preparations for the tournament are supposed to begin in late April.The club’s statement Wednesday says that postponing the two-week grass-court tournament would not come “without significant risk and difficulty” because of the surface.Playing without fans has been ruled out. Wimbledon hasn’t been canceled since World War II.___ NASCAR says in a memo to teams that one of its employees at track at Atlanta Motor Speedway two weeks ago has tested positive for the coronavirus. The employee was not identified and NASCAR said the individual has been receiving medical care and all potentially exposed have been told to self-quarantine. NASCAR was at Atlanta scheduled to race March 15 without spectators. But two days prior to the race, NASCAR postponed Atlanta and last weekend’s race at Homestead-Miami Speedway, which instead was converted into a virtual iRacing event broadcast on Fox Sports 1 with 35 drivers. NASCAR has suspended its season through May 9 and will race at least five more iRaces, televised on Fox, during the stoppage.___ Associated Press ___More AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_Sports,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6last_img read more