Owners pick up investor slack

first_imgABS analysis shows owner occupiers are picking up investor slack when it comes to finance. Photo: Glenn Hunt/Getty ImagesHomeowner finance is on the rise according to the latest release from the Australian Bureau of Statistics (ABS).According to ABS Lending Finance analysis for July 2017, the total value of owner occupied housing commitments excluding alterations and additions rose 0.7 per cent in trend terms and 0.9 per cent seasonally adjusted.More from newsMould, age, not enough to stop 17 bidders fighting for this homeless than 1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investorless than 1 hour agoIn comparison, investors saw a one per cent drop in their trend number, and a 3.9 per cent fall on the seasonally adjusted result.In trend terms, the number of commitments for the construction of dwellings rose two per cent — the same results as for the number of commitments for the purchase of new dwellings.The number of commitments for the purchase of established dwellings rose just 0.3 per cent in trend term, but remained dominant at type, comprising 83 per cent of total commitments.CommSec chief economist, Craig James, said the ABS results show construction still has a way to run.“Budding owners of new homes remain active – loans to buy blocks of land hit $7.6 billion over the year to July, up 21 per cent on a year ago.“The home building boom has legs,” he said.last_img read more

O’Neill: Lafferty not giving much

first_img O’Neill installed Lafferty as his first-choice centre forward when he took over from Nigel Worthington at the start of last year, but has not been impressed by the Palermo player’s output. In five qualifiers he has managed no goals, two yellow cards, one sending-off, a couple of injuries and countless offsides. With qualification off the agenda and Luxembourg hardly presenting the most eye-catching opposition, O’Neill also found himself casting an eye toward the Euro 2016 trail. Despite just one win in seven matches in Group F – and high hopes for a second at the Stade Josy Barthel – his evolving squad have shown signs of encouragement. The defeat of Russia last month is an obvious high point, but both performances against a highly rated Portugal side have been positive, despite yielding just one point. To carry that feeling forward, though, O’Neill will need to hold on to senior men such as 33-year-old Gareth McAuley and former captain Aaron Hughes. O’Neill’s first task as manager was to persuade Hughes to reverse his decision to retire and it is an appeal he will make again – as and when the Irish Football Association confirm his own future. “Those are the kind of conversations that need to be had, but at this point I may not be the manager for the next campaign, these are things to be determined,” he said, though it is highly unlikely he will not be handed a new deal. “I’ve had a good conversation with Gareth and then there’s Aaron…he has been the easiest player I’ve had to deal with. “I would certainly be pushing Aaron to continue. I brought him out of retirement and asked him to play not in his natural position (right-back instead of central defence). The fact that he does that and continues to do that at such a level is testament to the player. “He’s still so vitally important to us.” Hughes has 87 caps to date and O’Neill believes the prospect of joining goalkeeping great Pat Jennings as only the second player to reach a century for his country could be the incentive he needs. “The 100-cap mark is a great carrot,” he added. “Given the service he has offered to Northern Ireland there’s not a finer person to be the first outfield player to achieve that.” Northern Ireland have no major injury worries heading into the match, with Jamie Ward, Shane Ferguson and Niall McGinn all set to be available following knocks against Portugal. Dean Shiels is on hand having been called up as cover for Lafferty, while Daniel Lafferty is available after suspension and will slot in at left-back. Northern Ireland manager Michael O’Neill has reiterated his dissatisfaction with striker Kyle Lafferty, claiming he has “contributed very little” to his country’s World Cup campaign. His dismissal against Portugal last week means he did not travel with O’Neill’s squad for Tuesday’s clash in Luxembourg and an expected three-game ban would mean his campaign is over. If that is the case, he can consider it an unmitigated failure judging by his manager’s verdict. “The reality is that he misses this game suspended and I’d say he’ll miss the next two as well, that wouldn’t surprise me,” said O’Neill. “We will address it after that. I had a good conversation with Kyle and he was very apologetic and recognises he has let his team-mates down. “I would never say I would wash my hands of him or anything like that because he is still a player who can potentially be a big asset to the squad. “But at this minute in time he is not giving us very much and he knows that. “After quite a good start to the campaign he has contributed very little and he knows he won’t have contributed very much in the second half of the campaign. “He knows he needs to address that, not only for me but for the lads he plays alongside as well.” Press Associationlast_img read more

The eSports pandemic

first_imgIt does not escape anyone that entertainment consumption habits have been changing in recent years. Netflix eats ground for cinema and e-books for traditional books. It already affects all age ranges, but the ones that see it most naturally are the new generations. “Companies are seeing that young people have stopped using television to watch YouTube, that they are stopping watching and playing soccer to be ‘owners’ of a team at the controls of a console”, explained Pablo Canosa, sponsorship director of Team Heretics, in a previous report on this medium in relation to the advertising market. Canosa is precisely one of the professionals who have changed the conventional sport for eSports, just as Alejo García Naveira, a sports psychologist, has already done. Both left Atlético de Madrid.The relationship, due to the similarity of both worlds, between eSports and professional sports is inevitable. Ronaldo bought the Brazilian club CNB, André Gomes invested in G2 Esports, Reguilón is very committed to the aforementioned Heretics or Morata, Parejo and Abrines have Ramboot. A business opportunity that both brands and individual investors of any kind see.The work dynamics are not very different from that of a professional club in any sport. These aforementioned patrons pay them a salary and cover all the needs of their players to represent them in tournaments. Being a sector still under construction, there is no closed structure and the constant creation of new clubs or the existence of countless professional tournaments throughout the year is common. Although eSports are still undiscovered for a large part of the population, they are undoubtedly the main beneficiaries of this quarantine. In the absence of competition on grass, parquet or clay, professionals are taking advantage of social networks to interact with their fans through video games. In these two months, Virtually all sports have had their own online competition. In Spain the tournament that had the most impact was organized by Ibai Llanos, presenter and narrator of eSports, who He brought together a player from each LaLiga Santander team to raise nearly € 180,000 to fight the coronavirus. The Milan-San Remo also had its own online race, Devin Booker won the # NBA2KTourney and the Mutua Madrid Open will be played by Nadal, Murray or Zverev with command of the console. One of the most recent was the one organized by Dybala this past weekend, which managed to raise € 250,000 for the Red Cross and ended up taking James Rodríguez to Agüero, Thiem or Campazzo.The advertising of these faces so well known worldwide is priceless for a market that has not stopped growing. Although the figures are difficult to calculate and each makes their own estimate, In 2018, the investment bank Goldman Sachs estimated at 3,000 million dollars the income that could be achieved. Finishing to take advantage of all its potential will go through universalizing its content to the entire population, and not to the marked target of a man under 35 years of age.According to a report by Limelight, Young people between 18 and 25 years old spend more hours a week watching people play video games than traditional sports (5.14 vs. 4.82). It does not occur in other age ranges, although the difference between the population between 26 and 35 years old is very tight (4.05 vs. 4.59). Further, men spend 3.48 hours a week watching video games, while women only 2.43. The data of players and spectators revolves around 35% and 30% according to data from Interpret.Azpilicueta, last to joinThe Chelsea defender was the last professional to join eSports and has done so by creating a new team the Falcons. He is accompanied by youtubers Cacho01 and Delantero09 (1.5 and 2.9 million subscribers respectively). Its staff will be led by Javier Romero ‘JRA’, David ‘MáximoCuevas’ and Sandra Martínez ‘Sankhs’, three regular FIFA20 players.last_img read more