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Showing posts with the label high

Places sold out, merchandise is in high demand as Bundaberg will host the first NRL match

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A white picket fence protects the carefully manicured green grass of the Salter Oval, but will fall apart when the city’s biggest sporting event arrives this Sunday. Key points: Record attendance expected for Bundaberg’s first sold-out NRL match Bundaberg shop says team merchandise is in high demand The Bulldogs will have an open training session for fans on Saturday morning Bundaberg is busy counting down the NRL round of 21 clash between the Canterbury-Bankstown Bulldogs and final challengers North Queensland Cowboys, the first time the city will host a competition points match. Temporary stands have been set up for sold-out spectators, and space has been made for the arrival of a large media crowd to broadcast the match to league fans across the country. “I think it’s going to be an audience record,” said Bundaberg Rugby League chairman Mike Ireland. “The Cowboys are second on the competition ladder and the Bulldogs are starting to collect some win...

Charlie Aitken sells his investment fund after high society love triangle

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Charlie Aitken sold his self-titled fund management company just months after a highly public high society love triangle. The Sydney investment banker became embroiled in a scandal in late 2021 after sleeping with Hollie Nasser, his wife Ellie’s best friend, shortly after his marriage broke down. The swap of partners took the city’s eastern suburbs by surprise and was further complicated by the fact that Aitken did business with Nasser’s investor husband Christopher. Now, Mr. Aitken has advised Aitken Investment Management investors of his intention to resign. In a note to clients, Mr Aitken said the investment team had agreed to buy his family’s stake, at which point he would step down and the company would change its name to Constantia Investment Partners. Charlie Aitken (pictured with his wife Ellie) leaves his own investment fund “The investment team is humbled to take the baton from Charlie to lead the company, and to continue to manage the cap...

What is inflation? Why is it so high? And what is the RBA's plan to bring it back down?

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If you’re the person in your household who usually goes grocery shopping or fills the car, you don’t need a statistician to tell you that prices are going up. Nonetheless, the latest official reading of rising consumer prices is out on Wednesday from the Australian Bureau of Statistics. This is called the Consumer Price Index, or CPI. “The way to measure inflation in Australia is to look at the different categories that consumers use to spend their money,” explains AMP senior economist Diana Mousina. The numerator at ABS goes around all the capital cities and checks the latest prices for this “basket of goods,” with about 100,000 different individual prices collected every three months. The statisticians then calculated how much had changed since the last survey three months earlier. Each year, the ABS also checks what Australians typically spend the majority of their money on, and ‘weights’ the CPI accordingly, thus reflecting where the a...

The AFL recognizes Ginnivan deserves a high free contact; triple-premiership Tiger call time; Stanley is absent

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Amid claims that Ginnivan was targeted because of his low tackle technique, Collingwood president Jeff Browne said the club had sought clarification from the AFL. Load “I think the referee can go in your favor, and against you,” Browne told 3AW. “I know what you mean and it must have been on my mind. We need to clarify this with the referee, there is no question about that. “I don’t know if it was personal, but it was, obviously, a directive and in certain cases it was implemented incorrectly. We need to talk about that.” Ginnivan hasn’t dropped his body yet but still finds himself blocked by Redman. The club’s move came as a league crackdown emerged in the 19th round leading to a low season – outside of the byes – for a high free-kick. Ginnivan has been awarded the highest free-kick this season (17), two ahead of Geelong captain Joel Selwood. But he hasn’t received one over the past two weeks, initially coinciding with a larger ...

Hardwick explains Richmond's late sub-call when question is asked over high defender injury

Richmond coach Damien Hardwick has explained why tall defender Ben Miller was substituted in the final quarter of the Tigers’ crucial draw with Fremantle. Key points: Tigers defender Ben Miller was medically substituted at the end of the game with Fremantle Reports differ as to why Miller was left out of the game, with Damien Hardwick saying it was a calf injury A player may only be substituted if he is reasonably determined as medically unfit to participate in any match for at least the next 12 days With Richmond leading by one goal after 16 minutes of play in the final quarter, Miller came on to the bench and was medically out of the game for the smaller, faster Maurice Rioli. A minute later, Fremantle equalized through Bailey Banfield’s goal, which led to the first draw of the 2022 AFL season. The substitution raised eyebrows, with Miller not appearing to suffer any visible injury. A medical substitute rule is in place ahead of the 2021 season, with doctors supposed to de...

The James Webb Space Telescope will witness a shattered world in high definition

Researchers look forward to glimpses of worlds colliding in action from NASA’s state-of-the-art space observatory. Once the James Webb Space Telescope completes its commissioning period and releases its first operational images on July 12, the observatory will dive into the science in earnest. And one of the telescope’s first year investigations will include a close-up view of Beta Pictoris’ strange surroundings. The young star, just 63 light-years from us, is surrounded by a dusty disk filled with debris left over from its formation. It is a bustling space, housing “at least two planets [and] piles of smaller rocky objects,” the researchers said in a 2021 press release (opens in a new tab) about the investigation. Live update : NASA’s James Webb Space Telescope Mission Related : How the James Webb Space Telescope works in pictures While research has many directions, one key aspect is observing young planetary systems that evolve when planetesimal...

Why energy prices will remain high despite the global economic downturn

And the pandemic is the mother of all surprises, bringing about the biggest sustained change in demand since World War II. Prior to COVID-19, global oil demand was around 100 million bpd, but lockdowns (and fears) sent demand plummeting to 75 million bpd. Suppliers cannot collectively turn off the taps fast enough (slowing down flowing oil wells is no trivial task). On April 20, 2020, the price of oil fell to reduced $US37 per barrel, as storage facilities become overwhelmed and suppliers try to avoid dumping penalties. Investment in new oil and gas production had been weak before the pandemic, in part in response to global initiatives to steer economic development away from fossil fuels. The World Bank, for example, no longer finances fossil fuel exploration, including projects involving natural gas, a relatively clean energy source. Investment and environmental, social, and governance regulations reduce oil and gas projects’ access to finance, which is, of course, the point...