Home in quiet spot a perfect match for families wanting space

first_img5 Kuranya Court, Arana Hills.She said she would miss her lovely, quiet neighbourhood. “I just love living around here, it’s so close to everything,” she said.“It’s a 10-minute walk down to the shops and you can go through the park.“You can actually get around without using a car.” 5 Kuranya Court, Arana Hills.Kirsten Albaek-Sorensen is ready for a tree change.After 16 years at her Arana Hills home, Ms Albaek-Sorensen is looking to move to the Gympie area.Ms Albaek-Sorensen said her four-bedroom, one-bathroom home was located close to all amenities including the bus stop, which was just 200m up the road. 5 Kuranya Court, Arana Hills.Ms Albaek-Sorensen has done some renovations to the home, including putting in a new kitchen.She has refreshed the bathroom, repainted the home and built a garage.The property, which is on a massive 828sq m block, has a big outdoor undercover area, like a patio.Ms Albaek-Sorensen said she spent much of her time in the summer on the patio watching television. She said a couple with two small children would be a perfect match for the home.“This area is really fantastic for families,” Ms Albaek-Sorensen said.“There’s four different entertainment areas. We used to have the greatest parties here.“We would have Christmas gatherings on the front patio and we could actually fit two eight-seater tables together. It could fit a lot of people.” 5 Kuranya Court, Arana Hills.More from newsFor under $10m you can buy a luxurious home with a two-lane bowling alley5 Apr 2017Military and railway history come together on bush block24 Apr 2019 5 Kuranya Court, Arana Hills.Situated in a quiet corner in Arana Hills, the home is close to the Ferny Grove railway station.Professional Priority – Ferny Hills selling agent Ian Weaving said the lowset home was great value.last_img read more

Small but rich Dutch fund sees DNB policy as risk to its existence

first_imgThe small but rich Dutch pension fund HAL indicated it considered the policy of supervisor De Nederlandsche Bank (DNB) as encouraging small schemes to liquidate and a risk to its existence.In its annual report for 2016, the €132m scheme, with a nominal funding of 184%, said it had spotted a tendency at DNB to categorically perceive small pension funds as not futureproof.The board of Pensioenfonds HAL, which was established by the shipping company Holland America Line, responded to a warning from its visitation committee for internal supervision, an external body, which had also spotted risks as a consequence of supervisory measures.  However, pension fund HAL – with 42 active participants and more than 1,500 workers – does not feature on a list of 25 schemes deemed to be vulnerable by DNB. The scheme, nevertheless, is afraid that it will be harmed by other developments, such as the pending fundamental update of the Dutch pensions system.“What would be a solution for most pension funds, could become a – possibly insurmountable – problem to us,” it said.According to the visitation committee, “the increased burden of regulation raises the question whether the pension fund should consider alternatives”.The scheme’s board in turn stressed that it wanted to keep the scheme’s set-up as simple as possible.It acknowledged, however, that fundamental system changes had led to increased complexity and insecurity, adding that it was looking at the options to remain independent.In a comment, a spokesman for DNB said that “every scheme that is able to keep on complying with the increased demands from their participants, society and the legislator is futureproof, as far as we are concerned. However, we see that small schemes in particular must put in extra effort to keep on top of it.”He made clear that small pension funds must explain how they see their future.“But this is not because we think they should liquidate, but because we need to investigate and address their vulnerabilities,” he added.At year-end, the coverage ratio in real terms of the Pensioenfonds HAL stood at 142%, which means that the chance of a rights cut was less than 0.2%.The investment policy of the Pensioenfonds HAL is aimed at generating cashflows for the real pension benefits over the next fifteen years.Last year, it had an investment mix of 59% equity, 14% government bonds and 27% cash.The overall return was 3.3%, against 10% over 2015.The pension fund reported implementation costs of €141 per participant for 2016. It spent 0.68% of its average assets on asset management.last_img read more

Man Aircared After Overnight Incident In Sunman

first_imgSUNMAN, Ind.– Ripley County dispatchers indicate horseplay may be to blame for one man suffering injuries in Sunman early Tuesday morning.They say two men got into some sort of scuffle leading to emergency units being called to the scene around 12:30 a.m.One man was airlifted to a Cincinnati hospital and his identity and condition was not immediately released.last_img