New Washington State Rules Are Another Blow to Colstrip Coal Plant

first_img FacebookTwitterLinkedInEmailPrint分享The Seattle Times:State regulators this week stepped up their activism on the climate front by telling three utilities to reconsider the carbon-emission costs of producing electricity from coal and other fossil fuels.The Washington Utilities and Transportation Commission directives were sent to Puget Sound Energy, Avista Corp and Pacific Power, which collectively serve more than 1.47 million state customers from a mix of coal, natural gas and renewable power. The commission asks the utilities to assign a hefty cost to carbon emissions, a pollution source that scientists say is driving climate change. This would be for planning purposes, and not used to try to justify higher rates. But such an accounting would bolster the financial case for the three utilities to hasten their planned exit from the Colstrip Generating Plant, a major Montana coal plant in which each as an ownership stake.“The higher the (carbon) price, the less economic that facility will look,” said Ken Johnson, a vice president of Puget Sound Energy, which currently forecasts to be off of coal-fired power by the early 2030s. Puget Sound Energy already assesses a carbon cost of $27 a metric ton to power produced from Colstrip. But the new, pricier [$42] figure would weaken the financial case for generating power from the plant.The federal carbon-price formula would require even bigger revisions for PacifiCorp. This is the parent company of Pacific Power, which brings coal-fired power to Washington from Colstrip as well as the Jim Bridger Plant in Wyoming. In planning documents recently submitted to state regulators, PacifiCorp doesn’t put a price on carbon until 2026 at the earliest, and then pegs that value to $4.76 per ton.The commission also wants the utilities to take a harder look at other financial risks associated with Colstrip. They include the poor financial health of the mine operator, Westmoreland Coal Co., which has seen its stock value implode amid mounting debt and the soaring expenses — measured in the hundreds of millions of dollars needed to clean up the plant site where coal ash is stored. “We are deeply concerned with the direct costs of continued operations of Colstrip Units 1-4 and the magnitude of economic risk of continued investment in those units,” the commissioner wrote in a letter sent to PSE.Colstrip has six owners, and they have agreed to shut down two of the four generation units by 2022. There has been no consensus on when the other two units will stop operating.More: Washington State Regulators Tell Utilities To Tally Social Costs Of Carbon Emissions New Washington State Rules Are Another Blow to Colstrip Coal Plantlast_img read more

August 1, 2004 Notices

first_imgAugust 1, 2004 Notices U.S. 11th Circuit Court seeks rules amendment comments Pursuant to 28 U.S.C. §2071(b), notice and opportunity for comment is hereby given of proposed amendments to the Rules and Internal Operating Procedures of the U.S. Court of Appeals for the 11th Circuit.A copy of the proposed amendments may be obtained on and after August 2, from the U.S. 11th Circuit’s Internet Web site at www.ca11.uscourts.gov.A copy may also be obtained without charge from the Office of the Clerk, U.S. Court of Appeals for the 11th Circuit, 56 Forsyth St., N.W., Atlanta, GA 30303, telephone (404) 335-6100. Comments on the proposed amendments may be submitted in writing to the clerk at the above street address by September 3. Bar fees are now payable Florida Bar members should now have received their 2003-2004 annual fee statements — reflecting no increase in fees.The statements were mailed in late May. The fees were payable July 1 and are late after August 15.Members will receive one of two fee statements: one designed for active members and another for those who have elected inactive status. Annual fees are still $265. Inactive members pay $175. Eligible members may pay online at www.flabar.org.Under the Rules Regulating The Florida Bar, fees postmarked after August 15 will be assessed a late fee. Oral argument set The Supreme Court has set oral argument in Re: Amendments to the Florida Rules of Workers’ Compensation Procedure, Case No. SC04-110 for September 2.Check the online docket for further information athttp://jweb.flcourts.org/pls/docket/ds_docket_search. Meeting slated to discuss workers’ comp judges up for reappointment The Statewide Nominating Commission for Judges of Compensation Claims will hold a public hearing August 24, beginning at 9:30 a.m., at the Orlando World Marriott on World Center Drive in Orlando.The purpose of the hearing is to conduct the interviews of the following applicants for reappointment as judges of compensation claims: Dan Turnbull, Alan Kuker, Mary D’Ambrosio, Gerardo Castiello, Donna Remsnyder, Laura Roesch, Joseph Murphy, and John Thurman.There will be no public commentary accepted during the meeting in favor of any of the judges. However, written commentary concerning any applicant by any person is welcome and must be submitted to the commission chair and a copy to each commission member.Names and addresses of commission members are available from The Florida Bar or the chair.Any person wishing to present public testimony against any of the judges at the meeting must provide the commission proper written notice prior to the meeting.Questions should be directed to Victor V. Marrero, commission chair, at 1560 Sawgrass Corporate Parkway, Sunrise 33323, telephone (954) 838-3451, fax (954) 838-3700. Applicants sought for jury instructions panel The Florida Supreme Court’s Committee on Standard Jury Instructions in Civil Cases will have up to seven vacancies at the end of 2004.Any lawyer licensed to practice law in Florida and any member of the Florida judiciary may apply for appointment.An application form may be obtained from Gerry Rose, The Florida Bar, 651 E. Jefferson Street, Tallahassee 32399-2300; telephone: (850) 561-5706; fax: (850) 561-5817; e-mail: grose@flabar.org. Applications are to be submitted by September 15. Family law forms amended In Amendments to Florida Supreme Court Approved Family Law Forms- Sexual Violence Forms, No. SC04-1039 (Fla. July 8, 2004), the Florida Supreme Court adopted amendments to the Florida Supreme Court Approved Family Law Forms governing domestic, repeat, dating, and sexual violence.The 2004 Florida Legislature amended section 784.047, Florida Statutes (2003), to make the violation of an injunction for protection against sexual violence a first-degree misdemeanor punishable as provided in sections 775.082 or 775.083, Florida Statutes (2003). See ch. 2004-17, §2, Laws of Fla. The legislature amended section 784.046, Florida Statutes (2003), to allow a petitioner for an injunction for protection against sexual violence to furnish an address to the court in a separate confidential filing pursuant to section 119.07(3)(s), Florida Statutes (2003), and to allow a petitioner to include a law enforcement agency incident report number in the petition as opposed to attaching the report to the petition. See ch. 2004-17, §1, Laws of Fla. Finally, the legislature amended section 784.046, Florida Statutes (2003), to permit a law enforcement officer to make an arrest without a warrant when there is probable cause to believe that a person has committed a criminal act according to sections 741.31 or 784.047, Florida Statutes (2003), which violates an injunction for protection entered pursuant to sections 741.30 or 784.046, Florida Statutes (2003). See ch. 2004-17, §1, Laws of Fla.The court amended the following forms to incorporate the legislative changes: Supplemental Affidavit in Support of Petition for Injunction for Protection Against Domestic Violence, Repeat Violence, Dating Violence, or Sexual Violence, Florida Supreme Court Approved Family Law Form 12.980(g); Petitioner’s Request for Confidential Filing of Address, Florida Supreme Court Approved Family Law Form 12.980(h); Motion for Extension of Injunction for Protection Against Domestic Violence, Repeat Violence, Dating Violence, or Sexual Violence, Florida Supreme Court Approved Family Law Form 12.980(i); Motion for Modification of Injunction for Protection Against Domestic Violence, Repeat Violence, Dating Violence, or Sexual Violence, Florida Supreme Court Approved Family Law Form 12.980(j); Petition for Injunction for Protection Against Sexual Violence, Florida Supreme Court Approved Family Law Form 12.980(q); Temporary Injunction for Protection Against Sexual Violence, Florida Supreme Court Approved Family Law Form 12.980(r); and Final Judgment of Injunction for Protection Against Sexual Violence (After Notice), Florida Supreme Court Approved Family Law Form 12.980(s). The amendments to the forms became effective immediately because the legislative amendments became effective on July 1, 2004. See ch. 2004-17, § 6, Laws of Fla.The court invites all interested persons to comment on the amended forms, which are reproduced online at www.flcourts.org/sct/sctdocs/proposed.html. An original and nine copies of all comments must be filed with the court on or before September 15, as well as a separate request for oral argument if the person filing the comment wishes to participate in oral argument, which may be scheduled in this case. All comments must be filed in paper format and in WordPerfect 5.1 (or higher) format on a DOS formatted 3-1/2 inch diskette. Proposed rules amendments The Florida Rules of Appellate Procedure Committee, the Rules of Civil Procedure Committee, the Rules of Criminal Procedure Committee, the Family Law Rules of Procedure Committee, the Rules of Juvenile Procedure Committee, and the Probate Rules Committee, pursuant to a request by the Supreme Court under Rule 2.130(f) of the Florida Rules of Judicial Administration, invite comment on the proposed out-of-cycle amendments to the rules shown below. The full text of the proposals can be found at the Bar’s Web site at www.flabar.org. Interested persons have until September 15 to submit comments to Thomas D. Hall, Clerk, Supreme Court of Florida, 500 South Duval Street, Tallahassee 32399-1927. The Supreme Court’s case number must be utilized on all pleadings and correspondence filed in this cause. All pleadings signed by an attorney must include the attorney’s Florida Bar number. Anyone wishing to comment must file an original and nine copies of the pleadings and a Wordperfect compatible disk containing the pleadings. August 1, 2004 Regular Newslast_img read more

Long Island Drone Sighting Near JFK Probed

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A drone came within 200 feet of a jetliner over Nassau on Monday.A small drone nearly collided with a jetliner over southwestern Nassau County while the jet was approaching JFK airport on Monday afternoon, according to federal agencies investigating the incident.The pilot of Alitalia Flight No. 608 from Rome was on approach to John F. Kennedy International Airport on the Queens-Nassau border when he spotted the unmanned, remote-controlled aircraft at about 1:15 p.m. Monday, according to the FBI and the Federal Aviation Administration.“The FBI is asking anyone with information about the unmanned aircraft or the operator to contact us,” said John Giacalone, the FBI’s Special Agent in Charge of the New York Counterterrorism Division. “Our paramount concern is the safety of aircraft passengers and crew.”The flight was making its final approach to JFK runway 31R when the unmanned aircraft came within 200 feet of the Alitalia plane at an altitude of about 1,750 feet. The drone was described as black and three-feet wide with four propellers.Several news outlets reported that the incident occurred west of JFK, over Brooklyn, but an FAA spokesperson confirmed reports that the near collision occurred roughly three miles southeast of JFK, which includes an area anywhere from Atlantic Beach to somewhere in the Five Towns.A Nassau County police spokeswoman said there were no other reports of drone sightings Monday.“The pilot did not take evasive action,” the FAA said in a statement. “The flight landed safely.”The incident comes amid renewed controversy over the Obama administration’s use of predator drones to kill terrorists overseas, including American citizens such as Westbury-native Samir Khan, the al-Qaeda propagandist killed in U.S. airstrikes alongside militant cleric Anwar al-Awlaki in Yemen in 2011.But, the drone reportedly spotted over LI appears to be smaller than the military aircraft used in such attacks.The FBI asks anyone with information that can identify and locate the aircraft and its operator to call investigators at 212-384-1000. Tipsters may remain anonymous.last_img read more

Pesky Passwords, Apple Watch Holograms, and CU Wallet with BIG’s John Best (pt.2)

first_imgIn this episode, we have part 2 of Best Innovation Group’s John Best continuing our discussion on Apple (its Watch relating to fintech in particular), pesky passwords finally going away, how holograms will play a big role in your CU’s service sooner than you think, a CU Wallet update, and, of course, we close out the show with an encore guitar solo of Eddie Van Halen’s “Eruption.”Always an adventure with John, but we learn so much of what’s just ahead for credit unions in financial technology. Very exciting, indeed! continue reading » 28SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

How to achieve 600% loan growth

first_img 6SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr How would you like to grow online loan applications by 600%? In-branch business by 400% in 2016? Those are pretty far-fetched goals, not to mention eyebrow raising, to those friendly NCUA examiners who put you in a damned-if-you-do-damned-if-you-don’t situation in every audit. Boil it down to just growth in general for 2016. Undoubtedly, you have pressure to grow—both from examiners and from your board’s internal goals. How can you achieve it?Take a lesson from the playbook of Squatty Potty. Founded as a home-based business in 2011, the fledgling company is set to hit $15million in sales for 2015. Sales exploded with over 600% in online purchases and over 400% in retail sales at the brand’s largest partner, Bed Bath & Beyond.Until recently, Squatty Potty depended on recommendations and paid ads from media icons like Howard Stern and Dr. Oz but failed to make a splash. For marketing collateral, there was only one animated short video in its arsenal. It was instructional in nature and created in-house.What kind of marketing idea could out-do paid endorsements from such big names like Stern and Oz? How about a video featuring a pooping unicorn? Yes, despite needing one more cup of coffee, you did read that correctly. The video, dubbed “This unicorn changed the way I poop,” garnered more than 50million views on Facebook and YouTube. Nearly 70% of viewers watched the entire three-minute piece. If you wonder how many of those views were bought with marketing dollars, only 25% of the views were from paid promotion of the content. The other 75% came from organic WOMM and social sharing. Perhaps you know the video I’m talking about. If not, shut your office door for 3 minutes and check it out. continue reading »last_img read more

Macron, Merkel agree 500 billion euro EU virus recovery plan

first_imgFrance and Germany proposed Monday a 500 billion euro ($542 billion) fund to finance the recovery of the European Union’s economy from the devastation wrought by the coronavirus crisis.Putting aside past differences and seeking to prove that the Franco-German core of Europe remains intact, President Emmanuel Macron and Chancellor Angela Merkel announced the unprecedented package after talks by video conference.With the European economy facing its biggest challenge since World War II, Macron also acknowledged that the EU had fallen short in its initial response to the virus and needed to coordinate more closely on health. Financed by “borrowing from the market in the name of the EU,” the money will flow to the “worst-hit sectors and regions” in the 27-member bloc, the two countries said in a joint statement.”We are convinced that it is not only fair but also necessary to now make available the funds… that we will then gradually repay through several future European budgets,” Merkel said.Countries benefiting from the financing would not have to repay the money, Macron added, emphasizing that the funds “were not loans.” Topics : ‘Learn the lessons’ Macron said stronger European coordination on health issues must be a priority, admitting that the EU fell short in its initial response to the coronavirus outbreak.”Europe was without doubt put at fault at the beginning of this crisis,” Macron said.He added that unilateral steps by some EU countries to close borders — without consulting their neighbors — had given a “sad image” of Europe.He said Europe needed “very concrete capacities” to handle health crises with shared stocks of masks and tests, and prevention plans to combat epidemics.”A Europe of health — which has never existed — has to be our priority,” he said. “We need to learn all the lessons from this pandemic.” In a sign of how the pandemic has changed global diplomacy, their joint press conference saw them stand at lecterns in cities hundreds of kilometers apart, with Merkel in Berlin and Macron in Paris. Europe is just beginning to emerge from the lockdowns to halt the outbreak, which has taken a huge bite out of national economies and raised the prospects of damaging recessions that could last for months or even longer.But despite widespread recognition that the hardest-hit countries will be unable to repair the economic damage on their own, divisions among EU members on how to craft an overall response have hampered comprehensive action so far.The eurozone economy overall is forecast to contract a whopping 7.7 percent this year, but the damage could be worse in Italy and Greece, which could see their economies shrink by nearly 10 percent, prompting a cascade of bankruptcies and job losses.The European Central Bank has also promised to do “whatever is necessary” to help weather the crisis, including a 750-billion-euro scheme to buy government bonds for cash-strapped nations.But that project is also proving problematic after Germany’s Constitutional Court attacked it, potentially limiting Germany’s participation. ‘More solidarity’ The borrowing marks a major shift by Germany, which has until now rebuffed calls by Spain and Italy for so-called “coronabonds” for joint borrowing on financial markets to provide stimulus cash.Germany, the Netherlands and other rich countries had seen them as an attempt by the indebted south to unfairly take advantage of the north’s fiscal discipline.But Merkel said the seriousness of the crisis meant that “solidarity” must be the order of the day.”The aim is to ensure that Europe comes out of the crisis more cohesive and with more solidarity,” she said, calling the proposal “courageous.”European Commission chief Ursula von der Leyen, who would have to help implement the package, hailed the plan as a “constructive proposal.””It acknowledges the scope and the size of the economic challenge that Europe faces,” she said. European sources told AFP last week the Commission would lay out its plan toward the end of May, hoping both to reconcile the opposing objectives while proving that European solidarity is more than just a lofty slogan.last_img read more

Stress tests valuable, but risk-free rate a problem – Actuarial Association

first_imgThe inaugural pension fund stress tests carried out by EIOPA were a valuable exercise, according to the Actuarial Association of Europe (AAE). It has come out in support of the development of a common, market-sensitive methodology but disagrees with the blanket use of the risk-free discount rate.The European Insurance and Occupational Authority (EIOPA) released the results of the stress tests last Tuesday.One of the main achievements of the stress tests, according to the AAE, is their being able to show the effect, in addition to the expectation, of adverse scenarios. It said the results were unsurprising given the magnitude of the financial shocks specified by EIOPA, showing that the deficit in defined benefit (DB) schemes would increase significantly if these shocks materialised, especially on the basis of the common methodology adopted by EIOPA.However, AAE chief executive Ad Kok said the stress tests raised important questions about how the various pension stakeholders would be affected should further stresses occur in reality.“Who would take the burden?” he asked. “Who would take a financial loss? Would it be the sponsoring company, having to increase contributions? Would it be the retirees, taking reduced pensions?“Those are the relevant questions.”Under EIOPA’s second adverse scenario, incorporating sharp asset prices falls and a commodity “negative supply shock”, occupational pension funds would face a €773bn deficit on the basis of the supervisory authority’s common methodology.The AAE also noted that EIOPA did not consider that DB funds posed a systemic risk to the EU, “although it is clear increased contributions and/or reduced benefits would have some impact on the economy of member states where these arose”.Speaking upon the release of the stress test results, EIOPA chairman Gabriel Bernardino said it was too early for it to draw definitive conclusions about the potential financial-stability impact of occupational pension funds and that more work needed to be done on this.Falco Valkenburg, chairperson on the AAE pensions committee, said EIOPA was also planning to continue to work on its common methodology, and that the AAE supported this.“It is very important to get to grips with all the building blocks of a pension deal between an employer and the employees, including how it is financed,” he told IPE. “And that is exactly what this methodology is trying to achieve.”However, the AAE disagrees with how it has been implemented so far, namely via the use of a risk-free discount rate for valuing liabilities, added Valkenburg.“A risk-free rate is fine for fully guaranteed pension contracts, but some have conditions, and, in those cases, the risk-free rate inflates liabilities and hence deficits,” he said. “That’s the technical problem we have, but it is all part of the further work to be done.”In addition to trying to improve the valuation methodology, Valkenburg said it would be worthwhile to work on more forward-looking methods.Philip Shier, chairperson at the AAE, said “appropriate” stress tests could help agree a pension deal by providing “a common understanding of the risks inherent in the pension scheme, and agreement as to how these should be managed”.DB occupational pension funds should undertake their own stress tests as part of their risk assessment, added Shier, “reflecting their specific features”.He flagged the likelihood of risk assessments becoming mandatory under the revised IORP Directive, which is still to be debated in trialogue.last_img read more

Mount Gravatt East home an Asian inspired paradise

The outdoor entertainment space at 294 Creek Rd is to die for.FANCY a functional yet industrial chic abode?Transformed from a post-war home to an Asian inspired industrial delight, the renovation of the three bedroom property at 294 Creek Rd at Mount Gravatt East was a labour of love for vendors Maria and Al Tsudon.Both designers by trade, the couple needed a sanctuary to return home to after working long days. One of the three bedrooms.What they were left with is a home that maximises what space is available and celebrates the Queensland lifestyle.More from newsParks and wildlife the new lust-haves post coronavirus16 hours agoNoosa’s best beachfront penthouse is about to hit the market16 hours ago“We named the house Yallambee, which is the Aboriginal word for ‘to dwell at ease’,” she said. There is an open plan living and kitchen.“We were going for a relaxed island luxe feel,” Mrs Tsudon said.“Our life is quite busy so our space really needed to be a refuge.”Mrs Tsudon said she and her husband “lived, sleeped and breathed” architecture, so the project had been continual over the past eight or so years. Outdoors is the ideal area for any entertainer.“We both love to cook so it was important to be able to have friends and family close while we do that. I make a pretty mean spaghetti and my husband is the chicken wing master.“We’ve also got a pizza oven, spa and fire pit.“We’ve had lots of events and spent a lot of time out there.” Looking over to the studio.The property has a separate studio, which has a sauna, and could be used for yoga, a creative space, or as an office. The kitchen has a mixture of all different textures.It now has an open plan kitchen, living and dining area which leads out to Mrs Tsudon’s favourite space at the property – an outside entertainment area. The bathroom has a double vanity.By swapping bedrooms with the lounge room and vice versa, the Tsudon restored the flow of the house.“The whole thing is such a careful balance of stark black, white, minimalism and the timber.” Inside the studio.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:34Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:34 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p180p180pAutoA, selectedAudio Tracken (Main), 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 Rate1xFullscreenWhy The Block has been such a success00:35 read more

Contents of Brisbane Hollywood-style mansion up for auction

first_img Race car driver selling Gold Coast home MORE: Giant skate bowl home sells for millions Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p216p216p180p180pAutoA, selectedAudio Tracken (Main), 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 Rate1xFullscreenHow much do I need to retire?00:58You may not have been able to afford 652 London Road — a seven-bedroom Hollywood-style mansion in Chandler — but you do have the chance to own some of its contents, from a Versace sofa to a compost bin.On the market since March, the home, which attracted more than half a million views on social media from buyers across Australia and the world, sold after auction to a young Brisbane family, who had been looking for a home for six months. Broncos stars’ property portfolios revealed The property sold for more than the $3.85 million it was previously bought for.The selling agent, Joseph Lordi of McGrath, said while he could not disclose the sale price, it exceeded the previous purchase price of $3.85 million in 2018.Yet it seems the owner, film and television producer and music composer Hiwa Mahmodi, and the new buyers don’t have the same taste in decor, so after spending 15 months and more than $1.6 million turning the seven-bedroom Georgian-inspired home into an extravagant mansion, Mr Mahmodi has said everything must go. Outgoing owner Hiwa Mahmodi spent $1.6 million turning the property into an extravagant mansion.Nathan Dwyer, business development manager at Slattery Auctions and Valuations, which is handling the auction, said he had already registered more than 350 individual and grouped lots. “It’s practically everything from the statues outside to the owner’s bed,” he said.Some of the more attention-grabbing items include Versace furniture, more than 60 statues and feature pieces including two of life-size horses, and Mr Mahmodi’s prized grand piano. “That’s basically his background, music, he’s a pianist and he owns a few sound studios so the piano will be a big-ticket item. And the Versace stuff, well it’s just going to go bonkers.” One of more than 60 statues up for auction. FOLLOW COURIER MAIL REAL ESTATE ON FACEBOOK More from newsParks and wildlife the new lust-haves post coronavirus8 hours agoNoosa’s best beachfront penthouse is about to hit the market8 hours agoYet Mr Dwyer said there was definitely something for everyone, with some of the other lots listed including an air hockey table, pots of premium artificial flowers, fishing rods and reels, a foosball table, compost bin, an animal hutch and a wooden row boat.“Most of the inquiries so far have been about the Versace stuff, but while there is lots of expensive stuff listed there is also a lot of not so expensive stuff,” he said. The outgoing owner’s grand piano is one of the hot-ticket items up for grabs.Mr Dwyer said most of the items will be set as unreserved, aside from some of Mr Mahmodi’s more prized possessions. He said he had received hundreds of inquiries from buyers up and down the East Coast since the auction went online on Thursday. The auction will be held on site at the property on July 26 at 1pm. The Versace furniture has attracted a lot of inquiries.last_img read more

Watch Live: Trump Welcomes LSU Tigers to White House

first_imgPresident Trump is going to host the college football national champions Friday.The LSU Tigers will take a tour of the White House and then have a meeting with the President.The team was scheduled to arrive in the nation’s capital Thursday for other activities.LSU beat Clemson on Monday to claim the College Football Playoff title. They finished their season a perfect 15-0.The President and First Lady were greeted warmly with huge cheers at the game when they walked out on the field for the National Anthem.There were chants of “USA” and “four more years.”WATCH LIVE: @realdonaldtrump welcomes champion @LSUfootball Tigers to White House https://t.co/n96eBpw7vo— Washington Examiner (@dcexaminer) January 17, 2020 After hosting the LSU Tigers the President and First Lady will board Air Force One and head south to PBIA. They will arrive around 5:15 p.m. and spend the three day weekend at Mar-a-Lago with a fundraiser scheduled for tomorrow.See the President’s schedule here.last_img read more