Southern states to sap Qld’s GST revenue gains: Moody’s

first_imgHome values dropped across the country in 2018. Picture: Penny Stephens.Earlier this month, CoreLogic data revealed national home values dropped 4.8 per cent in 2018, marking the weakest housing market since 2008.Brisbane bucked the trend, with values rising 1.2 per cent for the year. Moody’s says state governments are feeling pressure from the housing correction. Image: AAP/Troy Snook.The report singles out Queensland as being vulnerable to rising health and education costs because of its recent “rapid population growth”.More from newsParks and wildlife the new lust-haves post coronavirus14 hours agoNoosa’s best beachfront penthouse is about to hit the market14 hours agoIt forecasts an increase in capital spending in the state as a result, which would erode cash reserves and prompt the state government to issue additional debt.“Debt levels remain elevated, and we expect debt will continue to rise more rapidly than revenue as most states embark on record capital spending programs,” Moody’s senior credit officer John Manning said. Moody’s says GST reform has added revenue to Queensland, but it will not enough to offset the fall in stamp duty. Image: AAP/Darren England.In its most recent budget update, the Queensland government also marked down stamp duties by $240 million.But NSW and Victoria are expected to be hit the hardest.“Despite already projecting lower property-related revenue in their fiscal year 2019 budgets, the larger states of NSW and Victoria now forecast further declines in transfer duty and land tax revenue as a result of weakening residential property market prices and falling sales volumes,” Mr Manning said in the report.“Concurrently, Queensland projects a marginal decrease in average revenue growth over the forecast period, reflecting lower income from GST and dividends, more than offsetting increased royalties in FY2019, largely on higher coal prices.”center_img Moody’s says state governments are feeling pressure from the housing correction.THE property downturn led by the country’s two biggest housing markets is partly eroding Queensland’s revenue gains from reforms to GST funding, a new report warns.While the sunshine state is weathering the correction better than most states, Moody’s Investor Services says government debt levels remain high and could outpace revenue growth on capital spending programs.And while the recent GST reform has given Queensland an extra $518 million over the next eight years, the rating agency says it may not enough to offset the fall in stamp duty.last_img read more

Could these converted shed-homes be North Queensland’s most ‘Australian’ houses?

first_imgThis home is for sale at 118 Toolakea Beach Road, Bluewater. It has three-bedrooms and one-bathroom. The asking price for this ‘shome’ is $299,000. The master-bedroom takes up a third of the overall barn. Located only 35 minutes north of Mackay, this barn-style home sits on 17.5 acres and is surrounded by lush garden. The ceiling is tongue and groove pine and 20ft high with tiled floors, and a fireplace in the lounge for warmth and a cosy ambience. 118 Toolakea Beach Road, Bluewater The master-bedroom at 11 Edgecumbe Court, Toomulla.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 2020 RELATED: Ever wanted to sleep inside a giant potato? Where do our Marvel superheroes call home? Inside luxury floodproof floating homes 636 Kuttabul Mount Jukes Road, Mount Jukes Nestled in a private court, only a few hundred metres from the pristine sands of Toomulla Beach. The home offers all the comforts, with no expense spared to create the perfect lifestyle.center_img This home is for sale at 11 Edgecumbe Court, Toomulla. It boasts six car spaces, one bedroom and a bathroom. The asking price for this gem is $199,000. It’s no secret Aussies’s love their sheds, but would you live in one? If the answer is yes —now’s your chance.These elaborate ‘shomes,’ are currently on the market in North Queensland, and if you lift up the roller-door, you’ll find everything a classic home has to offer.With enough space to rival a mechanic’s workshop, and farmhouse decor to make any interior designer swoon, converted sheds can offer the best of both worlds. So if the idea of shacking up with your car, boat, or campervan, gets your motor running — check out these hot listings. Inside the shed-home at 118 Toolakea Beach Road. While you work on the plumbed slab for your new home, you are able to live in this fully lined and tiled 20 metre purpose built shed. Surrounded by mango trees, and bush this home has plenty of space to keep horses. This home is for sale at 11 Edgecumbe Court, Toomulla. It boasts six car spaces, one bedroom and a bathroom. The asking price for this gem is $199,000. 11 Edgecumbe Court, Toomulla This home is for sale at 636 Kuttabul Mount Jukes Road, Mount Jukes. It features six-car spaces, two-bedroom and two-bathrooms. The asking price for this ‘shome’ is $610,000. READ MORE IN REAL ESTATElast_img read more

Leising: Indiana tax climate among the best for business

first_imgIndianapolis, In. — The nonpartisan Tax Foundation recently ranked Indiana 10th in the nation in its 2019 State Business Tax Climate Index.Indiana outranks our neighboring states, with Michigan at 13th, Kentucky at 23rd, Illinois at 36th and Ohio at 42nd.The Index looks at each state’s tax codes, evaluating their corporate, individual income, sales, property and unemployment insurance taxes.Indiana performed well in many of the individual categories, ranking second in the nation in property taxes and 11th in unemployment insurance taxes.I’m pleased with our thriving business tax climate, and as your state senator, I will continue to support policies that make Indiana a great place to live, work and raise a family.For more information, click here.last_img read more

Leon O. Siebert

first_imgLeon Orval Siebert, age 73 of Batesville, Indiana passed away on Tuesday, August 18, 2020 at his home.  Born on October 11, 1946 in Batesville, he was the son of Ray and Betty (nee: Dugle) Siebert.Leon served in the US Army in Vietnam as a helicopter Crew Chief.  He earned a Purple Heart and a Bronze Star during his time of service.During his younger years, Leon had many jobs. He worked as a sand blaster in the Gulf of Mexico on the large oil rigs for several years. He also owned and drove his own semi-truck in Texas for a few years. About 10 years ago Leon returned to Batesville where he worked in the stamping department of Batesville Tool & Die.Most knew how much Leon loved his dog, Gizmo. Because of his recent health issues, Leon liked to watch TV.  He used to do a lot of woodworking making small things like letters and such.He is survived by his sister, Darlene Baechle of Bradenton, FL and brother, Marlin (Julia) Siebert of Batesville, along with many nieces, nephews and cousins.Visitation will be Tuesday, August 25, 2020 from 11-1pm with a 1:00pm funeral service all at Meyers Funeral Home in Batesville. Pastor Creighton P. Leptak officiating.  Burial will follow in St. Paul Lutheran Cemetery with military honors by the Ripley County VFW Post #3183 and Prell-Brand American Legion Post #271.Due to the COVID-19 precautions, all attending are asked to wear a mask and follow proper social distancing protocol. If you are not feeling well, or if you have compromised immune system, you are encouraged to stay home.Memorials may be given to the ALS Association by bringing it to the services or mailing to Meyers Funeral Home, P.O. Box 202, Batesville, IN 47006.You are welcomed to leave a message at www.meyersfuneralhomes.com on Leon’s obituary page for the family in the online guestbook.last_img read more

Lionel Messi Named FC Barcelona Captain for New Season Replacing Andres Iniesta

first_imgBarcelona: Spanish football giants FC Barcelona on Friday named Argentine superstar Lionel Messi as their captain, replacing Andres Iniesta, for the new season. Iniesta, who had led the Catalan giants since 2015, moved to Japanese side Vissel Kobe earlier this summer.Messi, 31, has previously led Barca in Iniesta’s absence but will now begin the campaign as the club’s regular captain, according to a club release.Messi is the club’s all-time record goalscorer with 552 in all competitions. IANSlast_img read more

Former player sues English club over concussion

first_img(REUTERS) – Cillian Willis has become the first professional rugby player to sue an English club for clinical negligence over concussion in a landmark case for the sport, his solicitor said yesterday.The former scrumhalf is taking the action against Sale Sharks over two head injuries he suffered in a game against Swansea in the LV Cup in March, 2015.The Irishman, a cousin of former Ireland captain Brian O’Driscoll, received treatment in the first half for a head injury before receiving a second head blow.Willis was replaced in the game and never played professionally again. He had suffered previous concussions and was forced to retire aged 28.Willis’s solicitors McHale and Co told Reuters that the case is going to court but did not make any further comment.The Rugby Players’ Association said it did not know of any other cases of players taking similar legal action.Sale said they would not comment on the case which is not likely to be heard for at least 18 months.Concussion is rugby union’s most common injury. A study published by Premiership Rugby and the Rugby Players’ Association said the number of such injuries suffered by professional players in England rose by 59 per cent in the 2013-14 season, the last where figures are available. On average there were 10.5 concussions per 1 000 playing hours.Concussion has also been identified as a serious problem in other sports and in the United States has been the subject of legal action by thousands of former American Footballers against the NFL.last_img read more

Zimbabwe snatch tie after Windies collapse

first_img…Shai Hope hit 101 from 120 balls(REUTERS)- Zimbabwe seamer Donald Tiripano bowled a superb final over to help his side earn a dramatic tie in their Tri-Series one-day international against West Indies in Bulawayo yesterday.The visitors lost three wickets, including two run outs, in a desperate last five balls as Tiripano gave them nothing to hit with a succession of full deliveries that restricted the West Indies to 257 for eight.Captain Jason Holder had the chance to win the game off the final ball but could not make contact and wicketkeeper Peter Moor ran out a charging non-striker Jonathan Carter.Zimbabwe celebrated as if they had won the game and well they might after the visitors had seemed sure of victory.West Indies batsman Shai Hope hit 101 from 120 balls, his maiden ODI ton in his second match, and added 162 for the third wicket with Kraigg Brathwaite (78).When he was dismissed West Indies needed 38 runs from 32 balls with seven wickets remaining, but they could not get over the line due to tight bowling and poor shot selection.Zimbabwe won the toss and made 257 all out in exactly 50 overs.Their innings was built around the third-wicket stand of 144 between Craig Ervine (92) and Pakistan-born Sikandar Raza (77), but petered out as they managed only 67 runs from their final seven wickets in 11.2 overs.With all three sides having played two matches, West Indies head the Tri-Series table with seven points from Sri Lanka (five) and Zimbabwe (two).West Indies take on Sri Lanka in their game next Wednesday at the same venue.B Chari c Holder b C Brathwaite 15C Chibhabha run out 25C Ervine c Powell b Gabriel 92Sikandar Raza c K Brathwaite b C Brathwaite 77S Williams lbw b Nurse 2E Chigumbura c wkp Hope b Holder 8+P Moor c Powell b Holder 6*A Cremer c Gabriel b C Brathwaite 8D Tiripano b Gabriel 14T Chisoro not out 0C Mpofu b C Brathwaite 2Extras (w8) 8TOTAL (all out, 50 overs) 257Fall of wickets: 1-38 (Chibhabha, 11.1 overs), 2-46 (Chari, 13.1), 3-190 (Sikandar Raza, 38.4), 4-197 (Williams, 39.5), 5-218 (Chigumbura, 43.4), 6-228 (Moor, 45.5), 7-233 (Ervine, 46.2), 8-255 (Tiripano, 49), 9-255 (Cremer, 49.3), 10-257 (Mpofu, 50)Bowling: Gabriel 10-0-45-2 (w4), Holder 10-0-47-2 (w1), Benn 8-0-45-0 (w1), C Brathwaite 10-0-48-4, Nurse 10-0-55-1, Carter 2-0-17-0.WEST INDIESJ Charles lbw b Tiripano 19K Brathwaite c Ervine b Williams 78E Lewis c Chibhabha b Cremer 18+S Hope c wkp Moor b Mpofu 101R Powell b Williams 17C Brathwaite c Williams b Tiripano 9*J Holder not out 4A Nurse run out 0J Carter run out 1Extras (b1, lb3, w5, nb1) 10TOTAL (8 wkts, 50 overs) 257Did not bat: S Benn, S GabrielFall of wickets: 1-33 (Charles, 7.3 overs), 2-58 (Lewis, 11.1), 3-220 (Hope, 44.4), 4-234 (K Brathwaite, 47.1), 5-242 (Powell, 47.4), 6-255 (C Brathwaite, 49.2), 7-255 (Nurse, 49.3), 8-257 (Carter, 50)Bowling: Mpofu 10-0-64-1 (w2), Tiripano 6-0-26-2 (w1), Chisoro 10-1-42-0, Cremer 10-0-44-1, Williams 10-0-52-2 (nb1), Sikandar Raza 4-0-25-0.Points: Zimbabwe 2, West Indies 2.Man-of-the-Match: Shai Hope.last_img read more

Holders face repeat of last years FA Cup final.

first_imgConference teams Dover, Wrexham and Gateshead drew Crystal Palace, Stoke and West Brom respectively.The lowest ranked team – seventh tier Blyth Spartans – will host Birmingham of the Championship. FA Cup holders Arsenal will start their defence of the trophy against the team they beat in May’s final.They’ve drawn Hull in the third round.Re-formed League Two outfit AFC Wimbledon get to host Liverpool – in a match which will evoke memories of the 1988 final, won by the original Wimbledon.last_img read more

Clippers happy to be in San Antonio after routing Spurs

first_imgSAN ANTONIO >> Doc Rivers didn’t even want to be here on Saturday.When the team got a look at the first draft of the NBA schedule and saw they’d be playing Saturday, Nov. 4 in San Antonio, Rivers and his staff had a single thought.Nope.His team was already scheduled to play four times earlier in the week, and the Clippers would have to face the Spurs on the road on the second half of a back-to-back? Nope. Newsroom GuidelinesNews TipsContact UsReport an Error “This is one of the games we actually tried to get changed,” he said prior to the game.Well, maybe he owes the NBA an apology.The Clippers turned in their best offensive performance of the season by a long shot, dominating the San Antonio Spurs 116-92.It’s the most lopsided win for the Clippers this season.Blake Griffin scored 26 of his 28 points in the first half, helping L.A. blow the Spurs out early with both teams playing on the second night of back-to-backs.center_img The Clippers quickly fell behind 8-0 in the game’s first few minutes, but that stretch was merely a wake-up call.“We played great after the first eight points,” Doc Rivers said.Griffin and the starters put together a devastating 28-4 run to blow the game open, and the Spurs never really challenged after that. And, it started with defensive energy.“We got stops … I think eight in a row and came down and scored. Then, it’s 16-8. For us, it starts on defense. We always say that, but it really does,” Griffin said. “We got out in transition, got some easy buckets, and once those easy ones go in, then it feels like you can’t miss.”The Clippers scored 73 first-half points, which according to ESPN Stats and Info, was the most scored by a visiting team during the Gregg Popovich era in San Antonio.“Blake was great, but their whole team beat us soundly, embarrassingly,” Popovich said. “They were terrific … They beat us very, very, very well.”While signs of fatigue briefly materialized in the second half for the Clippers, San Antonio’s star, Kawhi Leonard, couldn’t get anything going against Luc Mbah a Moute. Leonard finished with 14 points, while Mbah a Moute gave the Clippers 13 points to go along with his consistent defensive effort.“He did a great job,” DeAndre Jordan said. “Luc is one of our amazing perimeter defenders, our best perimeter defender. He does a lot of great things for us.”Most of the greatness Saturday came early, before San Antonio’s trip from Utah and the Clippers’ trip from Memphis started to show.The two teams combined to score 33 points in the third quarter, a stretch where Rivers said the fatigue clearly had set in.“It was just survival for us,” Rivers saidBut thanks to the improved Clippers bench, which got 31 combined points from Jamal Crawford and Marreese Speights, there wasn’t any fourth-quarter slippage. The Clippers’ starters sat the entire fourth quarter, with no one playing more than 30 minutes Saturday.“Listen, it was great to win. It’s always great to win here,” Rivers said. “But these games shouldn’t happen. You can literally see it with both teams … A national TV game with two elite teams should be with a day off, and (then) they play the game.“That’s the way you want it; that’s how we all want it.”last_img read more

Dodgers deal Dee Gordon and Dan Haren to Miami for pitcher Andrew Heaney, three others

first_imgSAN DIEGO >> On the same day they acquired veteran leadoff hitter Jimmy Rollins, the Dodgers dealt their leadoff hitter in 2014, Dee Gordon, to the Miami Marlins.According to multiple reports Wednesday, Gordon and pitcher Dan Haren were going from the Dodgers to the Miami Marlins for four players: left-handed pitcher Andrew Heaney, utility player Austin Barnes, right-handed pitcher Chris Hatcher and utility player Enrique Hernandez.The trade, like the Rollins trade, has not been formally announced by either team. There is good reason to believe that a third or fourth team could become involved in one or both trades, which general manager Farhan Zaidi hinted in his media briefing Tuesday.Zaidi also said Tuesday that Gordon “is our second baseman” and the Dodgers were not offering him in trades. Newsroom GuidelinesNews TipsContact UsReport an Error That must have changed at some point overnight. Heaney was reportedly coveted by multiple teams. The 23-year-old was the ninth overall pick in the 2012 draft. He pitched in Double-A, Triple-A and eventually reached the majors this past season, throwing 29 1/3 innings and allowing 19 runs for the Marlins.Hatcher, 29, made 52 appearances out of the Miami bullpen and posted a 3.38 ERA with 60 strikeouts in 56 innings.Hernandez, 22, played six positions in his rookie year, and was part of a five-player trade between the Astros and Marlins in July. He posted a combined .248/.321/.421 slash line.Barnes, 24, is a native of Riverside who has played four minor-league seasons in the Marlins’ organization. Last year at Double-A he slashed .296/.406/.507.All four players are under team control for 2014, an attractive option for a Dodgers club looking to create a more flexible roster.center_img Since the Dodgers’ 40-man roster was full when the day began, they would certainly not be able to take on five players while trading only two. At least one further move is necessary to complete the picture. What will the roster look like once it’s complete?“I don’t think any of us know what it’s going to look like,” Dodgers manager Don Mattingly said on a conference call Wednesday afternoon. “I think there’s a lot going on right now.”Dodgers executives cancelled their daily media briefing Wednesday evening as details of the trades leaked.If true, the trade with the Marlins leaves the Dodgers’ roster without a clear-cut second baseman and only three pitchers who started more than two games for them last season.Gordon, 26, led the National League in stolen bases with 64. He was eligible for arbitration and was tendered a contract by the Dodgers for 2015 but had not signed.Gordon made his first All-Star team in July with a strong first half, but a second-half slump left him with a .326 on-base percentage for the season, well below the norm for an All-Star caliber leadoff hitter.“Part of his struggles is just part of being a young player,” Mattingly said. “They’re going to grow and go through stretches where they get tired. It’s cat and mouse, back and forth. You have success, (opposing pitchers) start chasing him in a different way. … He has to make the adjustments back. That’s what was part of his second half last year.”Coincidentally, Gordon made two community appearances in a Dodgers uniform on Wednesday in Los Angeles.Haren, 34, rejoined the Dodgers by exercising a $10 million player option in his contract for 2015. He went 13-11 with a 4.02 ERA in 2014.“I thought he saved us the way he pitched early,” Mattingly said of Haren. “He had a bunch of wins early in the season. I think he hit an extended four or five-game stretch that he struggled, got off track a bit mechaniccaly. But you still were comfortable with Danny because you know he’s not going to panic, not going to worry. I loved what he brought to this club, his makeup. I thought he had a tremendous year last year.”The two trades would allow the Dodgers to save more than $12 million in salary according to some reports, but those do not take into account which players the Dodgers would send to Philadelphia to complete the Rollins trade.McCarthy close to signingThe Dodgers and free agent right-hander Brandon McCarthy have agreed to terms on a four-year contract, according to multiple reports Wednesday.The 31-year-old is 52-65 in nine major-league seasons with the White Sox, Rangers, A’s, Diamondbacks, and Yankees.last_img read more