Industrial research: Leaving the jet planes

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The Block’s $2 million tax break

first_imgThe clear winners in The Block 2017 tax depreciation race will be the buyers of Clint and Hannah Amos’s renovated home.IT looks like there will be a few winners from Channel 9’s 2017 season of The Block, and it won’t just be the show’s producers.Analysis by BMT Tax Depreciation showed investors could be set to claim an average of around $2.1 million in depreciation deductions for each property on the show.According to BMT’s estimates, the new buyer of Hannah and Clint’s property will have the highest amount of depreciation deductions available, with a first-year deduction estimated to be $82,304 and a total average deduction estimated to be $2,175,149.BMT Tax Depreciation CEO, Bradley Beer, said this could give the home an edge among investor buyers.“Hannah and Clint’s property may prove attractive to savvy investors who are looking to capitalise by renting the property and claiming the additional deductions available from depreciation,” Mr Beer said.More from newsParks and wildlife the new lust-haves post coronavirus1 day agoNoosa’s best beachfront penthouse is about to hit the market1 day ago“While a range of factors will come into play which will ultimately decide which property will achieve the highest price from buyers, the additional cash flow depreciation provides astute buyers is important to consider when crunching the numbers to make purchase decisions,” he said.Ronnie and Georgia’s property has the second highest depreciation deductions with a total average deduction of $2,160,913 claimable over the lifetime of the property.BMT Tax Depreciation’s estimates for all five properties are: BMT Tax Depreciation schedule for Block 2017 propertiesAccording to BMT, The Block’s production company paid $10.34 million for the original site and rescued five former derelict homes which were relocated to the land for renovation.BMT said it is expected that each property will fetch in excess of $2.4 million at the scheduled auction.Follow Kieran Clair on Twitter at @kieranclairlast_img read more

India lifts onion export ban after prices crash

first_img Share Share 12 Views   no discussions Tweet The price of onions rose dramatically over the last month.The Indian government has lifted its ban on onion exports after prices crashed on the domestic market.The government introduced the ban in December after prices had reached unprecedented levels. A kilogram, which usually costs 20 rupees, went up to 85 rupees ($1.87; £1.20).After the ban, prices dropped to 4 to 12 rupees, leading to protests by onion-growing farmers.Onions are a basic ingredient in many Indian dishes.Farmers protested against the blanket ban, saying some that onions were grown only for export and that their incomes were being affected.High prices of essential commodities have previously sparked unrest and helped bring down the national government in 2004.The price rise was blamed on unusually heavy rains in the onion-growing western states of Maharashtra and Gujarat and in southern states, as well as on hoarders and speculators. Sharing is caring! News India lifts onion export ban after prices crash by: – February 17, 2011 Share BBC Newslast_img read more

Productivity is a must if Dominica is to benefit from trade agreements

first_img Tweet Share Share LocalNews Productivity is a must if Dominica is to benefit from trade agreements by: – March 9, 2012 17 Views   one commentcenter_img Sharing is caring! Share Dominica has been told that in order to take advantage of existing regional and international trade agreements, productivity is essential.Chief Executive Officer of the National Export Council Secretariat Joseph Isaac made this disclosure at the launch of two major projects aimed at transforming the export sector here earlier this week.Photo credit: 2doitbetter.wordpress.comIsaac said local consumption cannot drive the economies of small island states like Dominica.“In the context of developing vulnerable island states like Dominica, with a relatively small population size, it is impossible to drive economic growth through local consumption. The role of export development is therefore paramount in putting Dominica on a sustainable growth level that will ensure the improvement in trade balance, creation of jobs, increasing foreign exchange earnings and the alleviation of social challenges.”He said it is therefore imperative that the private sector and government institution continue to work together to face the macro and micro economic challenges that the world has brought about.“It is important to note that through regional and international trade agreements, the market opportunities are available however we can only take advantage of these opportunities if we are productive and competitive,” he said.Dominica Vibes Newslast_img read more

Witness Reports More Shots Fired At Purdue Wednesday Night

first_imgPurdue campus police say a witness has reported hearing more shots fired this evening in Purdue Village. Just after 8 pm officials say residents of the village reported they heard two gunshots. At this hour, officials report that those presumed shots  appear to be a false alarm.  Listen to Country 103.9 WRBI Thursday morning for continuing coverage on this breaking story as information becomes available.last_img

Trojan Football Associate Head Coach And Former Standout QB Jake Meiners Selected AS Head Coach

first_imgThe Sunman-Dearborn Community School Corporation is pleased to announce Mr. Jake Meiners will be recommended to the School Board to be the new East Central High School Football Coach.Coach Meiners played for East Central High School from 2005-2008 and had many accomplishments’ two-year Team Captain, two-year EIAC Offensive MVP, three-year EIAC All-Conference, Academic All-State and All-State Quarterback. Coach Meiners still holds the school record for highest completion percentage (69%).Coach Meiners has been on the coaching staff for the past five years and has served in several positions including Associate Head Coach, Quarterbacks Coach, Assistant Offensive Coordinator, and Junior Varsity Head Coach. During his time on staff, the team has won five (5) Conference Championships, (4) Sectional Championships, (3) Regional Championships, (2) Semi-State Championships, one (1) State Runner-Up, and one (1) State Championship.According to Dr. Andrew Jackson, Superintendent, “Coach Meiners is an excellent teacher and a dedicated coach. I am pleased to have a Trojan leading this program into the future.”The Sunman-Dearborn Community Schools Board of Trustees will meet on Thursday, December 13, 2018 at 7:00 PM in the East Central High School Library to officially approve Coach Meiners as the Head Coach.last_img read more

Lampard coy on Jose Chelsea link

first_img Lampard’s own future is also up in the air with the club seemingly reluctant to offer him a new deal when his current contract expires at the end of the season. The 34-year-old played some of his best football during Mourinho’s trophy-laden spell with Blues and, while Lampard was full of praise for his old boss, he refused to comment on speculation linking him with a return. “It’s not for me to talk about the decisions. I wouldn’t want to undermine the current manager for the last eight or nine games by giving you a headline like that,” he added. “While there’s a manager in place now, although we know what seems to be coming at the end of the season, I don’t think it’s right to speculate about who the manager will be next season. “I’m not sure if it affects my decision. If a manager comes in who likes me…. I don’t know.” Lampard has called on Chelsea to give their next manager a fair crack of the whip and hopes that he lasts “more than half a season”. He said: “Whatever the situation, it would be nice if a manager could come in and have a good crack at some consistency and stay in the job. We all understand we’ve had some interim managers and the fans and the club would probably be happier if we could get a manager who could stay for more than half a season, or for some period of time.” Frank Lampard has refused to be drawn on a potential Chelsea return for Jose Mourinho. Press Associationcenter_img Rafael Benitez’s short term contract at Stamford Bridge runs out in the summer and, with Mourinho seemingly approaching the exit door at Real Madrid, speculation has mounted that the Portuguese could return to west London in the summer. Speaking at the handover of the Champions League trophy in London, Lampard said: “Jose’s an absolutely fantastic manager, one of the legends of the Champions League. There’s no doubt about his credentials, whether he comes to Chelsea or stays at Real Madrid or whatever club he goes to, I believe he will be successful.” last_img read more

Allardyce relaxed on new contract

first_imgSam Allardyce insists he is not worried about being offered a new contract at West Ham despite his current deal expiring at the end of the season. “It’s been a big bonus with the new players hitting the ground running, producing quality form straight away. “Every new signing has made a really good contribution – it’s lifted the rest of the team, increased the quality and energy.” Allardyce continued: “We have a good environment. My early days with Bolton taught me not to just think about the player – think about the family and how you integrate them into the culture. “It’s hard to do, particularly if they don’t speak English well. T hat’s been one help we’ve had – the environment here is a happy one and one where everyone is accepted.” The Hammers are aiming for their fourth win in five games on Saturday but face a tough test at home to reigning champions Manchester City. City thrashed Tottenham 4-1 last weekend and if the Hammers are to avoid a similar fate they will need to stop Sergio Aguero, who hit four against Spurs and another in the Champions League on Tuesday. “He has been plagued with a few injures in the World Cup and in the early season for Man City but you saw a fully fit Aguero last week,” Allardyce said. “Not only did he score four but he missed a penalty so he could have had five. Sometimes you have to say he’s just unstoppable. “We’ve got to try to focus on limiting service to him – the lads in front of the defence can make life difficult. “That’s the key element to keeping him quiet because he can receive the ball even when he’s marked and wriggle free. He’s a fantastic finisher.” Press Association Allardyce signed a two-year extension to his contract in May 2013 but the former Bolton boss is happy to wait before committing his future again. “The conversations are the same as they were in the first year in the Premier League – we’ll see how the season progresses and when the time is right,” Allardyce said. “If it has progressed to a certain level that they want to offer me a new contract, that’s fine. “At my age it doesn’t particularly worry me a great deal. Contracts are made and broken in the entire football industry – i t doesn’t mean anything like it used to because a long or short contract doesn’t protect you. “It’s a winning culture you need – if you continue to win, you improve the club.” West Ham’s strong start owes much to the form of their summer signings who have adjusted quickly to the pace of the English top flight. Diafra Sakho has scored five goals in as many games but the likes of Enner Valencia, Mauro Zarate, Alex Song and Aaron Cresswell have all made valuable contributions. “Is this the best team I’ve had here? It looks like it,” Allardyce said. Allardyce led the Hammers to promotion from the Championship two years ago and the team have enjoyed an excellent start to their third campaign in the top flight, sitting fourth in the Barclays Premier League table. West Ham’s form will be particularly satisfying for Allardyce, who was criticised by Hammers fans last season and appeared to have been ordered to impose a more attractive style of play by the club’s co-owners David Gold and David Sullivan in a statement from the pair earlier this year. last_img read more

IAAF continues its ban on Russian athletics

first_imgBy Gene CherryMONACO (Reuters) – Russia still has not met key requirements for the reinstatement of its athletics federation and an International Association of Athletics Federations (IAAF) ban instituted in 2015 will remain in effect, the global governing body said on Sunday.The IAAF’s council unanimously approved the continuation of the suspension, following a recommendation by its Russia doping taskforceThe decision comes despite denials by Russian political and sports leaders of doping problems in the country.No timetable was given for reinstatement.The decision means Russian athletes will not be allowed to compete under their country’s flag at March’s world indoor championships in Birmingham, England, unless the IAAF’s “roadmap” to reinstatement is met.Athletes whose drug-testing history has been reviewed, however, will be allowed to participate as neutral athletes as they did at August’s world championships in London.Russian leaders’ refusal to admit that a state-sponsored doping program existed has been a key sticking point in lifting the ban, which was instituted in November 2015 after the McLaren report discovered widespread doping in Russia.Russia’s anti-doping agency must become a fully independent body that is compliant with the World Anti-Doping Agency (WADA) Code and an effective testing plan must be developed for the country to be reinstated, taskforce chairman Rune Andersen told a news conference.“The broader question is whether they will be able to operate in a system which we can trust,” Andersen said.“It is our responsibility to create that landscape where there is trust,” IAAF president Sebastian Coe said.The IAAF decision comes just days before the International Olympic Committee (IOC) executive board meets on Dec. 5-6 in Lausanne to determine whether Russian athletes can compete in February’s Pyeongchang Winter Olympics in South Korea.WADA earlier this month declared Russia’s anti-doping agency non-compliant with the WADA Code but it will be the IOC that makes the final decision on the country’s participation.The IAAF also awarded its 2020 world indoor championships to Nanjing, China, and announced that Morocco had been removed from its anti-doping watch list.Belarus, Ethiopia, Kenya and Ukraine remain on the list.last_img read more

Photos: Badger Football kicks off a new season

first_imgView Gallery (24 Photos)Fans packed the newly renovated Camp Randall Stadium this Saturday to watch Wisconsin kick off their season with a 45-0 win against U Mass.Photos by Andy Fate and Jen Smalllast_img