Cricketer Usman Khawaja’s selling Brisbane investment property

first_imgCricketer Usman Khawaja is selling his investment property at Windsor.THERE’S no place like home for Usman Khawaja which is great news for Queenslanders.The Pakistani-born Australian cricketer is selling his Windsor investment property but only after securing a house in Brisbane’s south with his fiancee Rachel McLellan.After relocating from Sydney during the 2012 off-season, Khawaja purchased 40 Bowen St with plans to eventually move into the Queenslander.40 Bowen St, Windsor“I’d been here for two years and was looking for six or seven months to buy a place but nothing quite fit what I liked,” he said.“I had a look around the house and loved it.”Sharing a place in Hawthorne with teammate Ben Cutting, Khawaja decided to immediately rent out his purchase.“I wanted to buy a place I thought I could move into so I didn’t have to buy another place after that, but at the time I wasn’t ready to move in,” he said.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality LevelsAudio TrackFullscreenThis is a modal window. The Video Cloud video is not playable. Error Code: VIDEO_CLOUD_ERR_NOT_PLAYABLE Session ID: 2020-09-28:77b119d9ba7710aeddf126ca Player Element ID: vjs_video_599 OK Close Modal DialogBeginning 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 Rate1xFullscreen00:00A little more than two years on and Khawaja’s future family pad is on the market.“I met Rachel, her family is south side and I was living on the south side with Ben,” he said.“I just sort of grew really fond of that area.“For me, it’s odd because I was planning on moving into this place but it’s just circumstances.“A lot of things can happen in two years you don’t expect to happen.”40 Bowen St, WindsorMore from newsMould, age, not enough to stop 17 bidders fighting for this home3 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor9 hours agoKhawaja’s Windsor property was previously renovated and is on a 762sq m block of land on a quiet street close to bikeways and parks.‘The boys at McGrath made sure everyone took care of it,” he said.“I’m very touchy with my property because it is a beautiful property so I didn’t want it to be tainted.“The floorboards, kitchen, everything is quite high-spec.“That was the beauty; I didn’t have to do a thing because it was already renovated by the ex-owners.”40 Bowen St, WindsorKhawaja is currently in Dubai preparing for a Test series in India and no doubt thinking of home.“I miss Brissie a lot,” he said.“I say to Rachel all the time that I’m missing home and want to come back.“Just to walk down to a cafe and hang around with mates.“It’s part of the lifestyle I miss probably the most but it’s just part and parcel of the game, being away.”Glenn Bool, from McGrath Bulimba — Balmoral, is marketing the sale of 40 Bowen St, Windsor.The four-bedroom, three-bathroom property is scheduled to go to auction, on-site, on Saturday, February 25 at 1pm.last_img read more

European Parliament gives green light to PEPP framework

first_imgEuropean lawmakers have approved a legal framework for the introduction of pan-European personal pensions (PEPPs).The European Parliament today announced it had voted in favour of a rulebook for the PEPP, which is designed to be a portable pension saving product available in all EU member states.Sophie in ’t Veld, the Dutch MEP who led the Parliament’s work on the PEPP rules, said: “We have delivered what we promised: a truly pan-European product that would be simple, safe and good for consumers.”She emphasised that it was not designed to replace other pension provision, but instead “further contribute to a social Europe that cares for people”. Sophie in ’t VeldPEPPs will be overseen by the European Insurance and Occupational Pensions Authority (EIOPA) and include a “clear set of information” for each user, the Parliament said.In addition, investors will be required to take financial advice before accessing PEPPs “to make sure savers know what they are buying and what they may expect”.The “basic option” PEPP will have a cost cap of 1%, with investors given options for the investment risk level they want and the ability to switch providers, with switching costs also capped.The rules must now be signed off by the European Council before they can be rolled out across the EU.The Parliament urged the Council to support preferential tax treatment for PEPPs, as tax would play a “crucial” role in the success of the model.ReactionGabriel Bernardino, chairman of EIOPA said: “This regulation is an important first step towards giving European citizens an alternative sustainable product to help closing the retirement savings gap. EIOPA, together with the national competent authorities, will ensure timely implementation and consistent application across the European Union.”The European Commission has previously forecast that the PEPP could help increase assets in personal pension products to €2.1trn across the EU by 2030, citing an EY study.However, others were more cautious in their predictions. Nicolas Jeanmart, head of personal insurance, general insurance and macroeconomics of Insurance Europe, the industry lobby group, warned that it was “too early to predict whether consumers will be interested” in the PEPP concept.“A decisive factor will undoubtedly be the Level II technical measures where many key product features will be decided,” he said. “That is why the work of EIOPA throughout the coming year will be crucial in addressing the remaining open questions, and we stand ready to contribute.” Matti Leppälä, secretary general of trade body PensionsEurope, said: “Saving for a pension in a good quality product leads to good outcomes and PEPPs can be a valuable tool to complement the pension income of many EU citizens. The EU-label on PEPPs will benefit both consumers, guaranteeing strong protection, and providers, introducing a framework for personal pensions that allows them to provide PEPPs across the EU. “PEPP is an important step on the road to addressing pension gaps and demographic challenges, and a relevant milestone in completing the Capital Markets Union. Further technical measures complementing the PEPP regulation have to be appropriately designed to allow all different PEPP providers to build on their own strengths and business models. Only then will PEPP support pension savings and long-term investments across the EU.”Tanguy van de Werve, director general of asset management trade body EFAMA, called the Parliament’s agreement “an important landmark”.“Today the path has been paved for the development of personal pension products with a European label,” he said. “The PEPP will soon become a reality for European consumers: it will promote competition, widen consumers’ choice and encourage individuals to save more for retirement, which is one of the biggest societal challenges the EU will be facing in the coming years and decades.”last_img read more

MBB : Out of focus: Magnitude of Florida game lost in wake of sex abuse scandal

first_imgBy Friday, it will have been 15 days of wall-to-wall coverage. Spanning four games, a national holiday and a trip to New York City, the dark cloud hovering over the Syracuse men’s basketball program is unrelenting.The No. 4 team in the nation, undefeated at 7-0, continues to play second fiddle to the sex abuse scandal surrounding its former associate head coach, Bernie Fine.‘The only thing we can do is just go out there and play basketball and get them to talk about us and not this,’ sophomore guard Dion Waiters said. ‘And that’s what we’re trying to do. You know it’s going to be around for a while. The only thing we can do is continue to keep winning and get back focused on the Syracuse basketball team.’On Friday, Syracuse hosts No. 10 Florida (5-1) in a matchup of top-10 teams that will be Syracuse’s biggest game of the season so far. But in the wake of Fine’s dismissal from the university following allegations of molestation by three individuals, the Orange’s on-court performance is continually overlooked. Head coach Jim Boeheim and the players insist they are not distracted by the hoopla and hysteria of the situation, but Friday’s game in Carrier Dome at 7 p.m. with the Gators will be a much more difficult test than any other Syracuse has faced this season.Boeheim ended an intense 20-minute press conference following Tuesday’s win over Eastern Michigan and former SU assistant coach Rob Murphy by addressing the idea of possible distractions going forward.AdvertisementThis is placeholder textAnd much like he did following the Orange’s blowout win over Colgate on Nov. 19 — two days after the original news broke on ESPN — Boeheim continued to assert that the whirlwind going on outside the program has no bearing on his team’s preparation.‘The last thing I’d like to cover, because I’ve heard this a lot — the players will not be distracted,’ Boeheim said. ‘We may not win every game. If we lose a game, it’s not going to be because they’re distracted. They’re going to play. We’ll keep them focused.‘I think people talk about focus, whether it’s this or distractions — whatever it is. Those are excuses. We do not make excuses.’The allegations and ensuing investigation of Fine come during a season in which Boeheim has arguably one of his most talented teams ever during his 36-year tenure. He’s acknowledged that it’s definitely one of his deepest teams, with nine players averaging more than 13 minutes per game, and the team has its sights set on winning a national championship.Yet the undefeated start, NIT Season Tip-Off title and scoring margin of plus-26.1 points are overlooked. The focus has turned away from the high level of basketball played by the Orange and landed on stomach-turning allegations of sexual abuse against a man who has been a staple in the SU program since the 1970s.‘I think it’s unfortunate more than anything, to happen to a program like us,’ SU guard Brandon Triche said. ‘Just for the type of media attention we’re getting, it’s tough. But we just have to stay focused and focus on basketball.’Despite all the assurances from Boeheim and his players that concentration won’t be inhibited, it’s difficult to imagine that the swarm of media isn’t on anyone’s mind.After the game against Colgate, Triche and Scoop Jardine both talked about having to use alternate entrances to the Carrier Dome and Carmelo K. Anthony Basketball Center to avoid the press. And with Tuesday’s game playing host to what seemed like double the amount of media, Boeheim and the players were questioned relentlessly about the situation with Fine.For Waiters, it has become old hat.‘You could see it on TV so much now, the only thing you could say is like, ‘What’s new?” Waiters said. ‘We’re just focusing on this game by game and going out and trying to play hard and get better as a group.’Friday’s game against the Gators isn’t a contest SU can skate through. It’s not Colgate or Manhattan or Fordham. Florida is a team with legitimate talent, led by a stellar backcourt of Erving Walker and Kenny Boynton.It’s a game that a lack of focus — if in fact there is one — will doom the Orange. And should SU lose, the deluge of questions about distractions will pour in once again.‘It’s been crazy, but at the end of the day, the only thing we can focus on is basketball,’ Waiters said. ‘Like coach Boeheim said, it’s about us as a team. It’s times like this that we can bring it together and have each others’ backs. That’s what we try to do.’ Facebook Twitter Google+ Commentscenter_img Published on November 30, 2011 at 12:00 pm Contact Michael: | @Michael_Cohen13last_img read more