She Moved to New Delhi for a Fresh Start, but the Air Made Her *****
She Moved to New Delhi for a Fresh Start, but the Air Made Her *****
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She Moved to New Delhi for a Fresh Start, but the Air Made Her SickSince coming to New Delhi, which had the world’s worst air quality on Monday, Ameesha Munjal hasn’t been able to exercise or see friends. She has been on several medications to battle sickness caused by the pollution.
The pollution was so bad that I went to the doctor, and he just said that, ‘you should move out of the city. You won’t be able to survive in this air.’ There’s a steroid nasal spray, allergy medicines, fever medicines. I can’t go for a walk downstairs. I can’t even go to the balcony to do yoga. I have not been able to meet friends because the doctor just advised me not to go out, which is obviously very heartbreaking. Like, I have to leave the city that I’ve grown up in just because of the air.
Recent episodes in India
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Walmart Earnings Preview: Operating Margin Is the Story
Walmart Earnings Preview: Operating Margin Is the Story
Walmart (NYSE:) reports their fiscal Q3 ’25 financial results before the opening bell on Tuesday, November 19th, 2024. Walmart’s fiscal year ends in January ’25.) Here’s the detail on the consensus estimates coming into Tuesday’s release:
Revenue estimate: $167.7 billion for expected y-o-y growth of 4.3%
Operating income est: $6.56 billion for expected y-o-y growth of 8.6%
EPS estimate: $0.53 per share for expected y-o-y growth of 4%
Here’s the weekly Walmart chart showing the stock’s 61% YTD return as of 11/15/24:Source: Worden 2000
The chart shows the stock started to move in the last half of December ’23, and hasn’t stopped since.
The weekly chart shows the stock traded around a split-adjusted $50 per share for most of the pandemic ******* from late 2010 to 2023.
The lower 1/3rd of the Worden chart shows the stock currently “overbought” (too far extended) on the stochastics, and probably needs a pullback into the low $70’s to reset the momentum indicators.
In Q2 ’25, reported in August ’24, Walmart reported what was thought to be a strong comp at 4.2%, since it was lapping a 6% comp from the same quarter in August ’23. The Walmart US operating margin rose 20 bp’s to 5.7% last quarter.
For the holiday ’24 quarter or what is fiscal Q4 ’25, Walmart is expecting $0.53 in EPS on $180 billion in holiday revenue for the Q4 ending in January ’25.
As a Costco (NASDAQ:) member, regular unleaded gasoline has fallen below $3 per gallon this week, as of the latest fill-up.
What’s Driving the Latest Surge in the Stock Price?
The biggest drivers are Walmart’s April, 2023 announcement that they were going to start to target their supply chain logistics costs (read this earnings preview from August ’23) and pay particular attention to the segment entitled, “historical operating margin”.
Walmart is an AI beneficiary as the August ’23 earnings preview details, but the retail giant is also adding margin-rich revenue from a newly-emerged advertising revenue stream. Like the mega-cap 7 have added “advertising” to their revenue segments, Walmart was very quick to do the same.
In the , written on this blog in May ’24, it was noted that – according to the conference call notes – roughly 1/3rd of Walmart’s operating income improvement is coming from new business segments, i.e. advertising, membership and data ventures, etc. Again that’s margin-rich revenue since it has a better operating margin attached to it than the traditional retail business.
Valuation:
Other than the price-to-sales ratio, which is trading right at 1x revenue if the fiscal Q3 ’25 revenue estimate is met, (as it’s expected to be), the 34x expected ’25 EPS (calendar ’24) PE ratio on expected 11% growth, makes for a rich multiple. Somewhat assuaging this rich PE ratio is that Walmart’s “cash-flow-per-share” is $4.19 versus the trailing twelve-month EPS of $2.38, or 2x cash-flow per share vs earnings per share on a TTM basis.
Walmart could and should be buying back more stock, but the Walton family does not want the family’s ownership position to drift too far above 50%, so that limits Walmart’s ability to repurchase stock.
The retail giant was spending about $2 billion per quarter on buybacks, but with the performance of the stock this calendar ’24, the Board has cut back to about a $1 billion repo rate per quarter. The Walmart family’s ownership position is thought to be around 46% currently, which would give the Walmart Board room to repurchase more stock, but the move in the stock price has undoubtedly curtailed the repurchase appetite.
Conclusion:
To keep this earnings preview short and to the point, while the stock needs a 10% – 15% pullback given it’s overbought status, the continued improvement in the operating margin at Walmart US, will be a significant plus for shareholders.
With the earnings summary on Walmart later this week, (after the numbers are sliced and diced and estimates updated), the earnings review will cover Walmart is relation to Amazon (NASDAQ:). Both retail giants are slated to do $700 billion in revenue in what for both companies is calendar 2025.
Walmart’s operating margin history is really interesting: from the late 1990’s through the January ’16 quarter, Walmart US was putting up an operating margin between 6% – 8% pretty routinely. Since that fateful January ’16 quarter, Walmart could only print a +6% operating margin once after that, and that was in the middle of Covid, and that specifically was the July ’21 quarter (+6.2%) and then the subsequent 12 quarters or 3 years have all been 4% – 5% operating margin quarters for Walmart US.
These new businesses for Walmart may take a while to scale enough to impact a retail juggernaut that is on track to generate $700 billion in sales in calendar ’25.
The new revenue streams are great, but the operating margin is the story, and it’s not going to be a linear progression.
Personally, I’d love to see the stock correct 10% – 15% after earnings. It will be a good chance to buy more, and Walmart is already a top 10 holdings for clients as of October 31 ’24.
Disclaimer: None of this is advice or a recommendation, but only an opinion. Past performance is no guarantee or suggestion of future results. Investing can and does involve the loss of principal, even over short periods of time. None of the information on this blog may be updated, and if it is updated, may not be done so in a timely fashion. All consensus EPS and revenue estimates (any estimate cited) is sourced from LSEG.
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Raw sewage from new homes being flushed into London rivers
Raw sewage from new homes being flushed into London rivers
CURB
The outfall at Marnham Field is frequently filled with sewage
Raw sewage is being dumped into London’s rivers from at least 100 homes, a charity has warned.
Thames Water’s response to an Environmental Information Request (EIR) from Friends of the River Crane Environment (Force) showed seven blocks of flats in north, north-west and west London had been discharging waste into the rivers Crane and Brent.
Force blamed the “appalling” situation on developers and a lack of enforcement, while Thames Water said although property owners and developers were responsible, it had a programme “to help identify and investigate misconnections”.
The Environment Agency said it “encourages people to report any signs of pollution or any other environmental concerns”.
CURB
Ben Morris called it “a catastrophic ******** of regulation”
Areas covered by the discharges include Barnet, Harrow, Ealing and Dollis and Yeading Brooks, with one case dating back to April 2018.
The EIR response did not name the specific blocks or the developers.
Misconnected pipes discharging raw sewage into surface water drains are ********, under Section 109 of the Water Industry Act 1991.
Ben Morris, founder of the Clean Up the River Brent campaign (Curb), said: “It’s like going back to the mid-19th Century when there were no water treatment works.
“We’ve gone back to a time when we’re no longer treating our sewage.
“We’re just putting it straight in rivers; certainly a proportion of it is no longer being treated at all.”
Both Force and Curb said they had reported the situation to the Environment Agency.
CURB
Several of London’s waterways are severely polluted
Force trustee Rob Gray said this was causing a “hidden pollution scandal” that was having a “public health risk and environmental impact”.
He said: “Together, thousands of these inputs across the capital are badly affecting the health of our rivers.
“For London this is probably now a ******* issue than sewage inputs from sewage treatment works.
“In our view this type of pollution is probably the largest source of chronic pollution for London’s rivers.”
Thames Water runs a Surface Water Outfall Programme (SWOP) which, it said, aimed to “resolve misconnections into the surface water sewers in hotspot catchments”.
But Mr Morris said this was “driven by volunteer reports”.
Sewage spills into England’s lakes, rivers and seas by water companies more than doubled in 2023.
The number of hours in which sewage was dumped into London’s River Thames more than quadrupled last year.
The Royal Academy of Engineering has recently called for an upgrade of the ***’s sewage system and more widespread testing of the country’s waterways.
CURB
The government says a safe phosphate level is 0.1mg per litre but readings are many times higher in some areas
A Thames Water spokesperson said: “Households and buildings which are connected to the wrong drainage pipe can have a serious impact on the environment.
“Most misconnections will have been done entirely by accident but is the responsibility of the property owner, which is why we would urge freeholders or developers fitting new connections to make sure they’re plumbed in properly.
“We have a programme of work to help identify and investigate misconnections and we also fund local projects across our region, which have been a great way to increase awareness of the issue, while involving communities to take stewardship and help manage their local environments.”
An Environment Agency spokesperson said: “Misconnections are a major cause of pollution, especially in urban areas, where the high density of households and associated drainage increases the likelihood of misconnections and therefore the impact on nearby watercourses.
“We encourage anyone who is installing a new *******, sink, washing machine or dishwasher, to make sure their plumber is connecting them to the wastewater sewer rather than surface water drains.”
Harrow and Ealing councils did not respond to Local Democracy Reporting Service requests for comment.
Barnet Council called the situation “unacceptable” and said it was concerned about the impact on residents, biodiversity, and the local environment.
However, it also criticised the “fragmented legislation” that it said allowed it to happen.
Its spokesperson said: “New property developments are required to submit detailed plans for the proper management of sewage to prevent such pollution.
“However, many adaptations and conversions of existing properties take place without proper consideration and can result in these misconnections.
“We are doing all that we can to raise awareness about this issue, including issuing advice to residents setting out how they can help by checking the water flow connections in their homes.”
Additional reporting by Grant WIlliams, Local Democracy Reporting Service.
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S&P 500 Earnings: Nvidia and Walmart This Week – Both Matter
S&P 500 Earnings: Nvidia and Walmart This Week – Both Matter
earnings continue to be healthy, as evidenced by the weekly trend in the quarterly EPS and revenue growth rates for the S&P 500 that are detailed below in the Excel spreadsheet.
In the bordered boxes, note the jump in Q3 ’24 S&P 500 EPS growth, since expected EPS growth for Q3 ’24 bottomed during the week of October 18th.
The revenue improvement isn’t too shabby either. It doesn’t look like much, but a 1.3% increase over the 4% revenue growth estimate is healthy.
S&P 500 Data:
The S&P 500 forward 4-quarter estimate fell to $263.01 last week, from the prior week’s $263.39, and the October quarter’s start of $266.66;
The PE ratio ended this week 22.3x vs last week’s 22.7x after this week’s 2% drop in the S&P 500;
The has now risen 8 straight weeks, to close this week at 4.43%;
The S&P 500 “earnings yield” ended the week at 4.48%, which is about where the earnings started the quarter;
The “average” credit spread for the high-yield credit market ended the week at +264 (the equivalent Treasury), and has now tightened for 10 straight weeks;
The S&P 500’s EPS “upside surprise” improved again to 7.7% this week;
Nvidia:
Nvidia (NASDAQ:) reports after Wednesday night’s, November 20th’s close, and the hype machine will be in full effect.
EPS Estimate Revisions:
Revenue Estimate Revisions:
NVDA looks like it’s scheduled to report their fiscal Q3 ’25 financial results after the bell on Wednesday, November 20 ’24.
Excuse the wayward cursor in the EPS estimate trend spreadsheet.
Readers are seeing 18 months of both EPS and revenue estimate revisions for Nvidia.
The revisions remain powerful in percentage terms. What caught my eye is expected 2028 revenue estimates. As of 11/16/24, those revisions are still doubling – really more than doubling – from the June ’23 revenue estimates. Usually, analysts tend to pull in their expectations for “further-out years” which in this case is more than 3 years from now.
Walmart (NYSE:) is going to report its financial results on Tuesday morning, November 19th, 2024, and like Nvidia Walmart is on a January fiscal year end so Walmart too is reporting their fiscal Q3 ’25 financial results Tuesday morning, November 19th ’24.
A separate Walmart earnings preview will be posted this weekend for readers. Walmart is +61.5% YTD as of the market’s close on 11/15/24.
Conclusion:
Because “send” was accidentally hit before this blog post was finished, this weekend’s S&P 500 earnings update is being concluded quickly to get the full blog post in readers hands.
No question that the EPS and revenue estimate trends for NVDA remain positive. This blog has sold all of their (semiconductor ETF) and all of the NVDA position, (of which the SMH position was much larger) and have no direct or indirect exposure to NVDA today outside of some style ETF’s or direct index exposure. That may change before Wednesday night, as some short-term trading positions may be taken in NVDA stock prior to earnings, given the trend in estimate revisions.
The SMH was sold about a 6 – 8 weeks ago in client accounts, and after Applied Materials (NASDAQ:) stock drop after their Thursday night, November 14th earnings results, that may have been the right move. AMAT was down 12% last week, while the SMH fell 7.50% last week.
The semiconductor stocks are tough to trade, either on an individual stock basis, or the SMH ETF. Just be careful with the sector, as someone who has been in and out of the group over 30 years.
NVDA’s estimate revisions are – again – a positive, but that can change quickly. The level of persistent and vocal bullishness around the stock is another red flag for NVDA. I get the fundamental story, and NVDA is a fabless semi, so the return-on-invested-capital is formidable over years, but I do fret over the sudden acquisition of the nuclear power facilities by Amazon (NASDAQ:), Microsoft (NASDAQ:) and Alphabet (NASDAQ:) all of a sudden, wondering if that disrupts NVDA fundamental story.
With October retail sales reported Friday, 11/15/24, Walmart’s fiscal Q3 ’25 should be fine. The overall consumer ******** healthy, but what is driving or rather helping Walmart’s margins and revenue growth in fiscal ’25 is the “flywheel” effect of a growing advertising and data business.
Walmart’s an AI beneficiary rather than an AI disrupter, which is already being seen in the numbers.
As of 11/15/2024, Walmart was +61% in terms of YTD return while NVDA was +187% (non-annualized returns).
Disclaimer: None of this is advice or a recommendation but only an opinion. Past performance is no guarantee or even suggestion of future results. Investing can and does involve the loss of principal even for short periods of time. Any content posted to this blog, may or may not be updated, and if updated, may not be done in a timely fashion. Readers should gauge their own comfort with portfolio volatility, and adjust accordingly.
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ASX resources shares surge on geopolitical tensions
ASX resources shares surge on geopolitical tensions
The ASX 200 rose slightly during Monday’s trading, pushed higher largely by Australia’s resource companies.
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Reality Sets into the Economic Modern Family
Reality Sets into the Economic Modern Family
The week right after the election, the Family was downright jubilant.
This past week, the best word to describe them as is disappointed.
Disappointed is not as bad as say, dismayed.
Nonetheless, all the gains after the elections dissipated.
Some of the responsibility ***** with the Fed after the bit hotter and numbers and Powell’s statement that he sees no hurry to lower rates.
The Family wants lower rates. The Family likes certainty.
Adding to the uncertainty Powell’s statements created, the onslaught of changes henceforth with the new administration is confusing as well.
Big Brother Biotechnology suffered the worst ***** with the announcement of RFK Jr head of Health and Human Resources.
However, each one of the sectors and our Granddad () empathized to a degree.
The 6-chart screenshot is of weekly charts. The 50-WMA is in blue, the 200-WMA in green.
Starting with Granny Retail , I am totally sticking with the notion that the consumer will tell us all.
Speaking of disappointment, XRT ******* to rally above the $80 level, the top of the 10-month consolidation.
XRT though, did at least hold above $78 and could easily reverse up this week.
Granddad Russell 2000 IWM, if you zoom out, ******* to make a new all-time high from the one IWM made in 2021.
Double top? Maybe. IWM must fail 200 first. That’s a long way down.
Biotechnology , the good news, is that it never took out 150 to the upside so it never had a true range breakout.
Now, this week it gave up 23 weeks of price action! I thought we’d not see 132 support levels again for a long time, but here we are.
Sister Semiconductors also disappointed. Though we must remember that she has underperformed since the July peak. This week NVIDIA (NASDAQ:) reports. Could that save this sector?
One important thing to note-SMH has not ******* the 50-week moving average since early 2023. And a move over 260 would be healthy.
Moving on to the rest of the Family:
And the winner is-our newest member of the Family-Crypto! He is a millennial for starters. And he loves a pro-crypto administration.
******* on all cylinders, looks poised for 100k before we reevaluate.
Not quite as exciting, Transportation did have an inside week after the spectacular move to all-time highs the week prior.
That is good news should IYT hold above 69 and clear 74.00.
It also means that the theory is alive and well with the optimism of a more robust US economy. This is why we are watching the retail sector so carefully.
Finally, Prodigal Son Regional , held the breakout area or $65.
Also a good sign if that continues this coming week.
This week watch Granny first and foremost. Then of course, NVIDIA Corporation (NASDAQ:) and what the tech sectors does after it reports.
As mentioned at the start of the Daily, disappointment can switch back to joy before it becomes dismay.
Both joy and dismay are infectious.
ETF Summary
(Pivotal means short-term bullish above that level and bearish below)
S&P 500 (SPY) 575 support 600 resistance
Russell 2000 (IWM) 227 support 244 the area to clear
Dow (DIA) 430 support
Nasdaq (QQQ) 500 now pivotal
Regional banks (KRE) 65 pivotal
Semiconductors (SMH) 235 the 200-DMA to hold 250 resistance
Transportation (IYT) Looks good if it holds over 71
Biotechnology (IBB) 132 support 138 now resistance
Retail (XRT) 78.50 key pivotal support
iShares iBoxx Hi Yd Cor Bond ETF (HYG) 79.50 pivotal
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*********** woman accused of ***** smuggling in Japan says she is innocent as trial begins
*********** woman accused of ***** smuggling in Japan says she is innocent as trial begins
CHIBA, Japan (AP) — An *********** woman accused of smuggling amphetamines in a suitcase appeared in a ********* court on Monday nearly two years after her arrest, saying she is innocent and that she was tricked into carrying them as part of an online romance scam.
Donna Nelson from Perth, Australia, was arrested at Japan’s Narita International Airport just outside Tokyo when customs officials found about 2 kilograms (4.4 pounds) of stimulants, or phenylaminopropane, hidden in a double-bottom suitcase she was carrying.
Nelson, 58, said she received the suitcase from an acquaintance of a man she met on social media and brought it from Laos to Tokyo as instructed. She was supposed to meet up with the man in Japan but he never showed up, according to prosecutors.
She was arrested on the spot and later charged with violating the stimulants control and customs laws. She has been in custody for nearly two years.
Monday’s trial comes just weeks after the recent acquittal of an 88-year-old former boxer, Iwao Hakamada, who was on ****** row for about half a century on wrongful ******* convictions. That case rekindled concerns about Japan’s closed-door investigation processes and lengthy trials.
Nelson, in a brief statement at the Chiba District Court near Tokyo, said she did not know the drugs were hidden in the suitcase and that she was carrying them for a man she thought she loved.
Prosecutors acknowledged the case is linked to a romance scam but accused Nelson of smuggling the drugs, claiming she knew the contents of the suitcase.
Nelson entered the courtroom escorted by a pair of uniformed guards who removed her handcuffs and a rope around her waist as she took a seat to stand trial. She repeatedly looked toward her daughters who were seated in the audience.
It was an emotional moment for her and her family to see each other for the first time since her trip two years ago. Her daughters said they believe their mother is innocent.
One of Nelson’s daughters, Kristal Hilaire, said she wants the court to know her mother is a good person.
“She thought she was coming to Japan for her love story. She didn’t have any other intentions other than that. And that’s what we need everyone to know and hear at the court this week,” Hilaire said.
The daughter added that the family is “just trying to be strong because when mum locks her eyes with us, I want her to feel our strength and that she will feed off that.”
During Monday’s session, Nelson’s lawyer Rie Nishida said her client is the victim of a romance scam and that she “had her trust and love taken advantage of.”
Nishida said that customs officials’ limited English-language ability led to mistranslations and the accusation that Nelson knew what she was carrying.
___
AP video journalist Mayuko Ono contributed.
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S&P 500: Where Will the Index Close 2024 Amid High Valuations, Positive Earnings?
S&P 500: Where Will the Index Close 2024 Amid High Valuations, Positive Earnings?
S&P 500: Where Will We End In 2024 Forecasting the Future
The index for the Standard & Poor () monitors a wide range of the ********* stock market, has experienced many ups and downs in 2024, and forecasts for where it will end the year range from bearish to bullish but are generally constructive. Evaluating the corporate earnings, interest rates, as well as economic indicators, analysts are now estimating where the index could land at the end of 2024.
Current Market Context
The S&P 500 has had a great 2024 to date as of mid-November, up about 20%. It has been propelled higher by resilient corporate profits, especially for technology companies, coupled with optimism among investors who contemplate a near-term “soft landing” for the economy. December monetary policy actions by the Federal Reserve, such as interest rate cuts, have also influenced the general market dynamic.
Analyst Predictions
Goldman Sachs now sees the S&P 500 hitting 6,000 by the end of 2024, an increase from its prior forecast of 5,600. The positive prognosis is driven by improvements in profitability and earnings.
Goldman analysts expect that earnings per share (EPS) for the index will grow to $268, or 11% year-on-year. They argue that strong broad-scale macroeconomic conditions will sustain this expansion, and profits margins should see gradual expansion from 11.5% to 12.3% through next year.
Meanwhile, RBC Capital Markets has gone for a somewhat more cautious forecast that suggests the S&P 500 will finish the year near 5,300. Their median outcome: an 11% increase from levels in December 2023, based on a range of economic models and projections.
From RBC: There are some positives in the growth profile and valuation picture, but we also still see a few risks that could be a roadblock to further gains. Things actually get so bullish that Lite-Finance has the S&P 500 potentially hitting 6,084 by December 2024.
This expectation is largely based on the expected deep growth in sales and a deep dividend yield in coming years. Coin-Price-Forecast analysts are similarly indicating that powerful corporate performance and investor trust may push the index to even higher levels.
Source: Woxsen Bloomberg lab
Predictors with an Impact
There are a few key drivers of these predictions:
Corporate Earnings: The S&P 500 has been powered along this year by solid earnings reports. Better-than-expected earnings from tech and consumer discretionary companies has also supported broad market optimism.
Interest Rates: Interest rates, especially in relation to the federal reserve. Analysts believe rate cuts, should they happen as currently priced into market expectations, may lend a further boost to sentiment and help support elevated equity multiples.
Economic Indicators: While inflation rates and economic development forecasts stay in the headlines. Inflation could still be worse in the 2024 spectrum, but a lot of analysts expect it to cool off through for the rest of 2024 which would allow consumer spending and business investment.
Market Sentiment: Positive news on artificial intelligence and technology have provided strength to investor sentiment. As a result of this excitement, there has been money flowing into tech stocks, which have a big weight in the S&P 500 due to their large valuations.
Risks and Considerations
While that is a positive over the short term for the S&P 500, there are risks involved that equity investors need to think about:
Valuation Concerns: Where valuations are concerned, some analysts are warning that they could be getting stretched, particularly if earnings growth fails to keep up with stock prices. Should the market conditions change in any drastic way this is bound to lead to a whole bunch of corrections.
Geopolitical Tensions: Continued geopolitical conflicts and economic uncertainties may have adverse effects on the markets. These are the risks that investors should stay vigilant at how they can play in the market.
Possible Economic Slowdowns: Although most forecasts see continued growth, any economic slowdown/recession could weigh on investor sentiment/stock prices.
Conclusion
Heading into the last quarter of 2024, the forecasts for the S&P 500 are both cautiously optimistic and filled with potential hurdles. At a range between 5,300 to more then 6,000, it is quite clear, analysts see a potential growth of this key index. Nevertheless, investors should stay alert to the inherent risks and pay attention to economic indicators when adjusting their investment strategies in this changing market landscape. While you might be able to see gains come year-end, consensus indicates above-average watchfulness will be required to deal with any turbulence in a constantly shifting environment.
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NFL Results & Week 11 recap: Bills end Chiefs run, Steelers beat Ravens & Lions run riot
NFL Results & Week 11 recap: Bills end Chiefs run, Steelers beat Ravens & Lions run riot
Right from intercepting Patrick Mahomes’ first pass of the game, Buffalo looked the better side as they moved just a game behind their big rivals in the race for the AFC play-offs top seed.
Mahomes kept the Chiefs in it with three touchdown passes, but just as they threatened yet another escapology act Bills quarterback Josh Allen took the game into his own hands and settled it with a barnstorming 26-yard touchdown run.
That makes four straight regular season wins over the Chiefs for Buffalo, who have lost three play-off meetings between the sides in the past four years.
This was a more controlled and complete performance than usual by the Bills, without Allen having to do everything by himself and a sixth successive victory takes them to nine wins and two losses.
It was also a rare convincing defeat of Kansas City – their first by more than a score since October 2021 – as they finish the weekend 9-1.
Buffalo kept Mahomes’ offence to a season-low 259 yards and scored 30 points against a Chiefs defence that had gone 30 games without conceding that many.
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Albany Historic Whaling Station crowned WA’s top tourist attraction at Perth Airport WA Tourism Awards
Albany Historic Whaling Station crowned WA’s top tourist attraction at Perth Airport WA Tourism Awards
Albany Historic Whaling Station has been crowned the best tourist attraction in WA at the Perth Airport WA Tourism Awards.
The award recognises natural and built attractions across WA.
Albany Historic Whaling Station general manager Jen Bane said the recognition as a top tourist attraction was a “privilege”.
“This award is a fantastic recognition of the hard work and collaboration within our community,” she said.
“Through strong partnerships with tourism operations like Tourism Council WA, Tourism WA, and Australia’s South West, we are able to attract more visitors to Albany, sharing the unique stories and natural beauty of our region with audiences from across the country and beyond.
“We are honoured to represent Albany, the Great Southern, and Western Australia.
“It is an incredible privilege to be recognised as a leading tourism attraction.”
Tourism Council chief executive officer Evan Hall said the awards recognise tourism operators’ business excellence, innovation, and outstanding customer service.
“All participants in the 2024 Perth Airport WA Tourism Awards demonstrated a profound commitment to making WA a diverse and welcoming tourism destination for guests,” Mr Hall said.
The winners were announced on November 9.
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Pedro Pascal’s The Last of Us is Not the Best Video Game Adaptation We Got in Recent Times
Pedro Pascal’s The Last of Us is Not the Best Video Game Adaptation We Got in Recent Times
The rise of quality video game adaptations has been an unexpected, but welcome surprise for fans. HBO’s The Last of Us has been widely celebrated for its emotional depth and strong performances, particularly from Pedro Pascal as Joel. But it might not be the pinnacle of video game adaptations.
The TLOU adaptation has been one of the best ever made. | Credits: HBO Max
The Netflix animated series Arcane which adapted the popular League of Legends changed what a video game adaptation could be. By bringing together cutting-edge animation with deeply emotional storytelling, it has arguably stood as the pinnacle of game-to-screen success in recent years.
The Last Of Us Was Good, But Ironically Enough, League of Legends Did it Better
Jinx is easily one of the best villains out there. | Credit: Netflix
Released in 2021, Netflix’s Arcane, based on League of Legends, shattered expectations for video game adaptations. With a unique blend of 2D and 3D animation, the series didn’t just have a good story but also looked amazing.
Video Game Adaptations that delivered pic.twitter.com/qoEyMv9IIO
— DomTheBomb (@DomTheBombYT) November 17, 2024
Every frame feels like a work of art, immersing viewers in the steampunk cities of Piltover and Zaun. The quality and richness of its visuals make the world come to life beyond being just a TV show. The new season takes it even further. Check out our review of it.
Even with its exceptional visuals Arcane also excels in its character-driven storytelling. The relationship between sisters Vi and Jinx is at the heart of the series and is a deeply emotional exploration of love, loss, and betrayal.
All of these are great but Arcane is above them all.
— MHM (@MrHooboMaster) November 17, 2024
The TLOU adaptation received praise for its faithfulness to the game’s story. But its nine-episode arc struggled to fully explore Joel and Ellie’s relationship.
Arcane is so amazing I can’t believe it’s based off League the other 3 shows make me wanna play the game they based off of but Arcane just makes me wish we could get a different kinda game using those characters
— Kev (Arcane save me where LIS ******* me) (@breakingdead1) November 17, 2024
In contrast, Arcane used its episodic format to flesh out characters like Jinx, making her chaotic descent into villainy both tragic and understandable.
The Original Story Brings So Much More To The Table
Unlike TLOU, Arcane doesn’t follow a story seen before. | Credit: Netflix
The success of TLOU can’t be denied. It delivered a gripping narrative, driven by Pascal’s portrayal of Joel and Bella Ramsey’s take on Ellie. The show skillfully adapted key themes of the game, including grief, survival, and the complexities of human relationships.
17. The Last of Us (HBO) – Episode 9 It wrapped up the series pretty nicely. It felt kind of rushed though and the beginning felt a little superfluous. Once again, it adapted the game well, but I wish they let this episode cook more 8/10 pic.twitter.com/brW6PbR7S4
— rené (@ItIsReen) March 13, 2023
Pacing can make or break a series, and Arcane excelled in this aspect by splitting its episodes into three acts, each tackling a distinct ******* in the characters’ lives. This structure allowed the series to explore complex themes without overwhelming the audience.
On the other hand, TLOU compressed its expansive narrative into a single season, leaving less room for the subtleties that defined the game. While Pascal and Ramsey delivered stellar performances, the show lacked the time to fully develop the emotional weight of its source material.
Additionally, Arcane benefits from its ability to stand alone from its source material. You don’t have to be familiar with League of Legends as a game or know its characters or lore beforehand, to engage and understand the show.
Season 2 of Arcane is currently streaming on Netflix. What have you thought of it so far?
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********* tech CEOs urge ‘Europe-first’ mentality after Trump victory
********* tech CEOs urge ‘Europe-first’ mentality after Trump victory
Thomas Plantenga, CEO of used fashion resale app Vinted, on center stage during Web Summit 2024 in Lisbon, Portugal.
Harry Murphy | Sportsfile for Web Summit Getty Images
LISBON, Portugal — Tech CEOs in Europe are urging the region and all countries to take bolder action to tackle Big Tech’s dominance and counter reliance on the US for critical technologies like artificial intelligence after Donald Trump’s electoral win.
The *********** politician’s victory was a key topic on various prominent tech bosses’ lips at the Web Summit conference in Lisbon, Portugal. Many said they’re unsure of what to expect from the president-elect, citing unpredictability around what he’ll do in office as a core challenge currently.
Andy Yen, CEO of Swiss VPN developer Proton, thinks Europe should adopt a more “Europe-first” approach to technology — in part to reverse the trend of the last two decades where much of the Western world’s most important technologies, from web browsing to smartphones, have become dominated by a handful of large US tech firms.
VPNs, or virtual private networks, are services that encrypt data and mask a user’s IP address to hide browsing activity and bypass censorship.
“It’s time for Europe to step up,” Yen told CNBC on the sidelines of Web Summit. “It’s time to be bold. It’s time to be more aggressive. And the time is now because we now have a leader in the US that is America-first, so I think our ********* leaders should be Europe-first.”
One key push for the past decade from the ********* Union has been taking legal actions and introducing tough new regulations to tackle the dominance of large technology players, such as Google, Apple, Amazon, Microsoft and Meta.
With Trump set to come into power, there is a ***** that Europe might reel in its tough approach to tech giants out of ***** of retaliation from the new administration. The Digital Markets Act, for example, is a landmark EU regulation targeting tech giants’ market dominance.
US Big Tech ‘playing extremely unfairly’
However, Proton’s Yen urged the EU not to water down its push to rein in America’s tech giants.
“Europe has been thinking in a very globalist mindset. They’re thinking we need to be fair to everybody, we need to open our market to everybody, we need to play fair, because we believe in fairness,” he told CNBC.
“Well, guess what? The Americans and the ******** didn’t get the memo. They have been playing extremely unfairly for the last 20 years. And now they have a president that is extremely America-first.”
Mitchell Baker, CEO of ********* open internet non-profit Mozilla Foundation, said the EU’s DMA has led to meaningful changes for the Firefox browser, with activity having increased since Google implemented a “choice screen” on Android phones that enables users to choose which search engine they want to use.
“The change in Firefox new users and market share on Android is noticeable,” Baker said. “That’s nice for us — but it’s also an indicator of how much power and centralized distribution that these companies have.”
“This change in usage because of one choice screen isn’t the full picture. But it is an indicator of the kind of things that consumers can’t choose and that businesses can’t build successfully because of the way the tech industry is structured right now,” she added.
Thomas Plantenga, CEO of Lithuania-headquartered used clothing resale app Vinted, urged Europe to take the “right choices” to ensure the continent can “fend for ourselves” and not get “left behind.”
“If you look very realistically at what countries do, they try to take care of themselves and they try to form coalitions to be stronger themselves, and as a coalition be stronger,” Plantenga told CNBC in an interview. “We have a lot of very talented, well-educated people.”
“We need to ensure that we can take care of our own safety, that we can take care of our own energy, that we ensure to keep on investing in our education and innovation so that we can keep up with the rest,” he added . “If we don’t, then we’ll be left behind. In every collaboration, it’s always a trade. And if we don’t have much to trade, we become weaker.”
‘AI sovereignty’ now a key battleground
Another theme that attracted much chatter on the ground at Web Summit was the idea of ”AI sovereignty.”
The terms refer to the concept that countries and regions should look to localize critical computing infrastructure behind AI services so that these systems become more reflective of local languages, cultures and values.
With Microsoft becoming a key player in AI, there are concerns that the maker of the Windows operating system and Office productivity tools suite has secured a dominant position when it comes to foundational AI tools.
The tech giant is a key backer behind ChatGPT maker OpenAI, whose technology it also uses heavily in its own products.
For some startups, Microsoft’s embrace of AI has resulted in harmful, anti-competitive effects.
Last year, Microsoft hiked the fees it charges search engines for use of its Bing Search APIs, which allow developers access to its backend search infrastructure — in part because of higher costs attached to its AI-powered search features.
“They’re gradually reducing our revenue — we’re still relying on them — and that reduces our capacity to do things,” ********** Kroll, CEO of sustainability-focused search engine Ecosia, told CNBC. “Microsoft is a very fierce competitor.”
Microsoft was not immediately available for comment when contacted by CNBC.
Ecosia recently partnered with fellow search provider Qwant on a ****** venture aimed at building a ********* search index to reduce their dependence on US Big Tech to serve users’ web browsing results.
The ********* Union’s AI Act, a landmark artificial intelligence law with global implications, introduces new transparency requirements and restrictions on both companies developing and using AI.
The laws are likely to have a big impact on predominantly US tech firms, since they’re the ones doing much of the development of — and investment in — AI.
With Trump set to come into power, it’s unclear what that could mean for the global AI regulatory landscape.
Shelley McKinley, chief legal officer of GitHub, said she doesn’t have a “crystal ball” to know what Trump might do — but in the meantime, businesses are planning for a range of different scenarios.
“We will learn in the next few months what President-elect Trump will say and in January we will start seeing some of what President Trump does in this area,” McKinley said in a CNBC-moderated panel earlier this week.
GitHub, which is owned by Microsoft, is a code repository platform popular with open-source software programmers.
“I do think it is important that we all as society, as businesses, as people continue to think about the different scenarios,” McKinley added. “I think, as with any political change, as with any world change, we’re still all thinking about what are all of the scenarios we might operate in.”
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Call for action after ******* floods three times
Call for action after ******* floods three times
The vicar of a Grade I listed *******, which has flooded three times in a year, says the local authority is not taking action to protect it.
St John the ******** at Edlingham, near Alnwick, Northumberland, is at the bottom of a hill, and during heavy rainfall water coming down the road diverts through the graveyard and into the building.
Priest-in-charge, the Reverend Rich Townend, said: “There is an relatively easy solution but I just can’t get anyone to take the matter seriously.”
Northumberland County Council, which is responsible for roads, said it had “taken significant measures” which included clearing ditches and repairing damaged pipes.
The flooding leaves muddy deposits throughout the ******* [Rich Townend]
The *******, which sits alongside a castle and attracts up to 20,000 visitors a year, first flooded before Christmas 2023, which saw its carol concert cancelled.
It flooded again in April and in October.
“With a changing climate, we’re getting more and more heavy rain”, Mr Townend said.
“Northumberland County Council did build a pipe which went underneath the road, which was supposed to channel the water away from the ******* and into a field.
“But it’s just not big enough to deal with the volumes of water.”
During heavy rainfall, water runs through the graveyard and into the ******* [Rich Townend]
One option would be to build floodgates but changes to listed buildings require extensive consultation.
“I think we’d struggle to get that approved,” Mr Townend said.
“It’s so frustrating because it is such a beautiful place and one of the oldest churches in Northumberland.
“I quite often wake up in the night and hear the rain and worry about what’s happening at Edlingham.”
In a statement, the *************-led council said it was “committed to finding the most effective long-term solutions”.
It added: “While we acknowledge that installing a larger culvert beneath the road could further reduce the risk of flooding, such a project would be substantial and would require careful evaluation, funding identification, and prioritisation amidst numerous existing infrastructure needs.”
Follow BBC North East on X, Facebook, Nextdoor and Instagram. Send your story ideas to [email protected].***.
More stories from BBC North East and Cumbria
Wet lambing season ‘toughest for years’
Heavy rain floods Grade I listed *******
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Redmi K80 Pro Spotted on Geekbench With Snapdragon 8 Elite Chipset; Full Specifications *****
Redmi K80 Pro Spotted on Geekbench With Snapdragon 8 Elite Chipset; Full Specifications *****
Redmi K80 series, which comprises two models — Redmi K80 and Redmi K80 Pro —is rumoured to launch in China soon. Ahead of its anticipated debut, a new listing on a benchmarking platform suggests that the purported Pro model could be powered by Qualcomm’s flagship Snapdragon processor. In a separate development, full specifications of both handsets have also been leaked, revealing that the base model in the Redmi K80 series will also be powered by a powerful chipset, as per claims on social media.
Redmi K80 Pro Geekbench Listing
Redmi K80 Pro was earlier reportedly spotted on China’s 3C certification platform with three model numbers: 24122RKC7C, 24127RK2CC, and 24127RK2CC. One of the purported variants has now surfaced on Geekbench. It is said to have the model number 24122RKC7C and could be powered by an octa-core chipset with an ARMv8 architecture, six performance cores clocked at 3.53GHz, and two prime cores operating at 4.32GHz.
While the chipset’s name isn’t stated, the listed clock speeds suggest it is likely to be the Snapdragon 8 Elite that was launched at the Snapdragon Summit in Hawaii last month. The SoC may be paired with approximately 14.76GB of RAM and the motherboard is dubbed “sun”.
In the Geekbench 6.3.0 for Android AArch64 cross-platform benchmark, the purported Redmi K80 Pro had 2,753 and 8,460 single and multi-core scores, respectively.
Redmi K80 Series Specifications (Expected)
Specifications of Redmi K80 series were also leaked on the ******** social media platform Weibo (via Gizmochina) by tipster Experience More (translated from ********). As per the tipster, the base Redmi K80 may be powered by the Snapdragon 8 Gen 3 processor. It could sport a 2K Huaxing LTPS display and a flat screen. For optics, the handset is speculated to have a triple rear camera system, comprising a 50-megapixel Omnivision OV50 main sensor, an 8-megapixel ultrawide sensor, and a 2-megapixel macro lens. On the front, the Redmi K80 is tipped to get a 20-megapixel Omnivision OV20B camera. The handset may be backed by a 6,500mAh battery with support for 90W fast charging.
On the other hand, the Redmi K80 Pro is claimed to have a 2K OLED display with a 120Hz refresh rate. The handset could have the same primary camera as the base model, but it will be joined by a 32MP ultra-wide angle ISOCELL KD1 lens, and a 50MP ISOCELL JN5 telephoto camera with 2.6x optical zoom. It may be backed by a 6,000mAh battery with support for 120W (wired) and 50W (wireless) fast charging.
Both the purported smartphones are tipped to get IP68 rating against dust and water ingress.
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Energy prices forecast to rise again in January
Energy prices forecast to rise again in January
Domestic energy prices are expected to edge up again in the New Year, according to consultancy Cornwall Insight.
The forecaster, which is widely regarded for its accurate predictions, said a household using a typical amount of gas and electricity would pay £1,736 a year from January.
That would be a £17 a year, or 1%, rise compared with a current typical annual bill of £1,717, with prices forecast to stay high for the rest of winter.
Energy regulator Ofgem will announce the next official quarterly price cap on Friday, with some charities concerned about how less well-off households and pensioners will cope during the colder months.
The energy cap limits the maximum price that can be charged for each unit of gas and electricity, rather than the total bill.
This means people in larger properties will tend to pay more overall owing to higher energy usage, and those in smaller properties tend to pay less.
The energy watchdog Ofgem’s price cap affects 29 million households in England, Wales and Scotland. Different rules apply in Northern Ireland.
Dr Craig Lowrey, principal consultant at Cornwall Insight, said that while bills will remain “largely unchanged” from October, the news that prices will not drop after rises were seen in the Autumn will still be “disappointing” for many.
“What we’ve been looking at were prices well above the historic norms,” he told the BBC’s Today programme.
He added that there “doesn’t seen to be any sign of a return to pre-energy crisis levels,” referring to the spike in costs seen when conflict between Russia and Ukraine broke out.
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WA Liberals select candidates for bellwether seat of Swan Hills and Premier Roger Cook’s seat of Kwinana
WA Liberals select candidates for bellwether seat of Swan Hills and Premier Roger Cook’s seat of Kwinana
The WA ******** Party has unveiled its next slate of State election candidates, featuring a seat won by every winning party since its inception.
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What is Mario Creator Doing Right Now in Nintendo After Retirement From Video Game Development?
What is Mario Creator Doing Right Now in Nintendo After Retirement From Video Game Development?
Nintendo’s creator, Shigeru Miyamoto, is one of the most celebrated figures in the video game industry. He gave rise to one of the most iconic game characters ever. He still wishes to be a relevant member of the industry even after retiring from game development.
Mario’s creator is yet to choose a quiet life. Image Credit: Nintendo
Miyamoto refuses to completely let go of the industry; instead, he uses the knowledge and wisdom that he has acquired over the years to shed light on various aspects of video game development as well as how Nintendo works as a company.
Mario’s Creator Now Has Different Priorities In-Line With Game Development
Miyamoto has been a key figure in shaping Nintendo’s success. Image Credit: Vincent Diamante, under the Creative Commons Attribution-Share Alike 2.0 Generic license.
Shigeru Miyamoto took on the role of a Creative Fellow at Nintendo in 2015. For a long time, he contributed his creative insight to the company’s work.
He seems to have now taken on the role of an educator. He educated hundreds of students each year on the art of video game development for new graduates and mid-career hires. He lectures about the challenges that one faces while pursuing any creative work and how to tackle them with efficiency.
During a Q&A for the Nintendo quarterly financials meeting, Miyamoto was asked to talk about his lectures in detail, his future plans, and his impact on Nintendo. Shedding light on his lectures, he said:
My annual talk is divided into three parts. The first part covers the history of Nintendo, starting with Hanafuda playing cards, moving through toys, and leading to how we have become the entertainment company we are today.
The second part focuses on what Nintendo values in game creation and what our strengths are. For instance, I discuss the evolution of the game interface by tracing the development of our controllers since arcade days. In the third part, I address game design.
Miyamoto’s lectures give an insight into the nuances of video game development; he is not big on creating ultra-realistic upgraded versions of his game since he believes one should always look at games from a creative lens and figure out what works best for that particular game.
Miyamoto Still Has An Important Role To Play In Nintendo
Miyamoto still has a say in the company’s creative flow. Image Credit: Nintendo
Miyamoto has a more silent presence in the company now. He has retired from active game development but still works closely with new developers to help them pursue their ideas in the best way possible. He gives advice to the young developers and helps them align their efforts with the company’s principles.
The games from Nintendo have not changed much over the years; they have largely remained the same moving forward. Nintendo’s internal game development culture helps streamline the company’s work.
Miyamoto has now devoted his life to sharing insights on video game development after dedicating the majority of his life to making video games. His legacy is maintained in spirit through his lectures. What do you think about it? Let us know in the comments below.
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Tribute to ‘happy, vibrant’ brothers in plane tragedy
Tribute to ‘happy, vibrant’ brothers in plane tragedy
Two brothers ******* in a light plane ****** have been remembered as “exceptional” young men with “extraordinary” talent.
Pilot Luke Smith, 20, his 16-year-old brother Benny, from Tongala in central Victoria, and cousin Dusty Daly, 15, ***** in the ****** in Victoria’s east Gippsland on Saturday.
Their aircraft was seen circling at Tinamba West, 200km east of Melbourne, before crashing into a paddock and bursting into flames about 5.45pm.
Tongala Football and Netball Club paid tribute to the brothers’ contribution to their community.
“Two beautiful, happy, vibrant, talented and loved boys from Tongala lives have been cut tragically short,” a statement read.
“Familiar faces growing up in Tonny, attending kindergarten, TPS and making contributions to our local clubs.
“Their absence will leave an irreplaceable void in the hearts of all who knew and loved them.”
Luke was remembered as “an exceptional young man, whose smile would light up the room”.
“Known for his drive, intelligence and unwavering love for his family, friends, sport, and flying,” the club said.
“We will forever miss seeing Luke jump over a pack, deliver fast-paced bowling and hit 6s out of the ground.”
Benny was said to be a quiet achiever with “extraordinary talent and a bright future ahead of him”.
“A humble yet fierce competitor, he was the ultimate team player who always gave his all,” the statement read.
“We will miss watching him weave his way out of a pack, display his keen eye for a goal, and deliver those crucial partnership-breaking wickets.”
Family members of the three victims, Alistair Smith and Leonie Smith and Amy and Mathew Daly, earlier detailed their grief in a statement.
“We are deeply saddened to confirm the loss of Luke Smith (20), Tongala, his brother Benny Smith (16), Tongala, and their cousin Dusty Daly (15), Tinamba West, on Saturday 16th November,” the families said.
“This is an incredibly difficult time for our family and we kindly request privacy as we navigate through our grief.
“Our thoughts are with everyone who has been affected by this loss, and we ask for your understanding as we focus on supporting one another during this challenging *******.”
The *********** Transport Safety Bureau is investigating the ******, describing the plane as an “********-built light aircraft”.
A team of investigators specialising in aircraft operations and maintenance will probe what happened.
They will examine the wreckage, interview witnesses, comb through flight tracking data, examine other records and take pieces of the aircraft away for further examination in Canberra.
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S&P 500, Nasdaq: Trump Hangover Selloff Not Enough to Change Technical Outlook
S&P 500, Nasdaq: Trump Hangover Selloff Not Enough to Change Technical Outlook
With the election over the hangover has kicked in.
Markets liked the result, but it was too much too fast. Sizable breakout gaps have delivered moves back into these zones. True breakout gaps don’t close, so the losses we have seen can’t go much farther if we *are* looking at breakouts, and I think these are true breakouts.
The () has the most room to move before it closes the gap. the 20-day MA is there to help and technicals are mostly bullish. Small Caps should do well under Trump as deregulation kicks in.
The is back at its 20-day MA and has returned to bullish net technicals. Volume picked up in distribution. Given Friday’s finish, there is a good chance for a positive.
On the other side, the has broken through its moving averages and the bearish wedge, in a clear gap down. Technicals are net bearish with little cause for optimism. We may see a retest of August lows before the year is out.
Not surprisingly, the is under pressure from weakness in Semiconductors. On the plus side, the tech-heavy index finished on the 20-day MA and breakout support, but with the loss of support in Semiconductors, it’s going to be hard for this breakout to hang on.
Technicals are mixed. Despite the ‘sell’ trigger in On-Balance-Volume, the trend still points to accumulation as the index outperforms against the S&P 500.
With the result of the election established there will be a realignment of the sectors that will outperform (or underperform) under the next administration. The marriage of Trump and Musk is unlikely to last given their differing priorities and egos, but until then, let price action be your guide.
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Average *** house prices drop by £5,366 as post-budget jitters set in
Average *** house prices drop by £5,366 as post-budget jitters set in
Data shows the average price of a *** property coming to market is down 1.8% this month, or the equivalent of a £5,366 discount, as the cost of a home swoops to £366,592.
This marks the second month of higher than average declines on the trot, with the usual drop seen at this time of year being 0.8%, according to property portal Rightmove.
Last month’s pre-budget jitters have turned into post-budget disappointment, creating new challenges for the housing market, and appear to have caused a larger-than-normal seasonal slowdown in pricing as we head towards Christmas, Rightmove said.
Read more: Britain’s most affordable towns to buy a house revealed
Despite the budget, activity ******** stronger than last year due to optimism around the interest rate cut path, which is feeding through to mortgage rates. Due to this, following analysis of real-time data, Rightmove has forecast a 4% increase in average new seller asking prices next year.
Although prices are predicted to rise, the market is expected to remain price-sensitive, with sellers currently competing with a decade-high number of other sellers to attract a buyer.
While more mortgage rate cuts are still expected during 2025, bank rate cuts are now forecast to be slower-paced, which could delay the affordability improvements that some movers have been holding out for, Rightmove added.
More mortgage rate cuts are still expected during 2025, according to Rightmove. (PA/Alamy) · Maureen McLean
“The signs are that the market momentum that we’ve been seeing this year will continue into next year, especially if mortgage rates drop to a level that gives greater affordability to some movers who have been waiting in the wings until now,” said Tim Bannister, Rightmove’s director of property science.
“However, we still expect some twists and turns next year. The speed at which mortgage rates come down next year will be key in determining activity levels for some of the market’s traditionally busiest periods, and sellers will still need to price temptingly enough to secure a buyer while the choice of homes for ***** ******** as high as it is right now,” he added.
Rightmove’s forecast tracks with other data released earlier this week, which suggested that the ***’s average house price is set to rise by 3% in 2025, followed by a further uptick of 3.5% in 2026 and 2.7% in 2027. Next year, this would bring the average house price to £300,000, or around a £10,000 increase on current levels.
Read more: Best *** mortgage deals of the week, 14 November
Estate agency Hamptons’s near-term forecasts have remained unchanged, but the longer-term view has been similarly downgraded due to high interest rates and the tax landscape.
Story continues
Regionally, London is expected to be the winner in 2025, outperforming other regions for the first time in around a decade. Hamptons forecast a 4% annual house price growth in London in 2025.
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Task force to tackle ****** in Brisbane's tent cities
Task force to tackle ****** in Brisbane's tent cities
A task force has been established to tackle ‘anti-social behaviour’ at tent cities in Brisbane’s parks, as homelessness services buckle under pressure.
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Star WA all-rounder Mitch Marsh trains with Australia after he welcomes first child with wife Greta
Star WA all-rounder Mitch Marsh trains with Australia after he welcomes first child with wife Greta
It’s been a big week for star WA all-rounder Mitch Marsh, who welcomed his first child with wife Greta just days out from the first Test of the *********** summer.
The 33-year-old trained with the Test squad at the WACA on Monday morning, where it was revealed his partner had given birth to a baby girl on Sunday night.
Marsh was exempt from media commitments so he could spend time with his family this week but will play against India when the Border-Gavaskar series gets underway at Optus Stadium on Friday.
In the absence of fellow all-rounder Cam Green, who will miss the summer through injury, Marsh is expected to pick up extra overs during the five-match series against India.
He was spotted bowling for the most of the 40-minute session.
It comes as India captain Rohit Sharma will reportedly miss the first Test after he and his wife welcomed their second child on Friday night.
The top-order batter is set to be available for the second Test in Adelaide which starts on December 6.
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Apple Evaluating Development of Its Own TV Set Alongside Upcoming Smart Home Devices: Mark Gurman
Apple Evaluating Development of Its Own TV Set Alongside Upcoming Smart Home Devices: Mark Gurman
Apple is considering the development of its own TV set, according to details shared by Bloomberg journalist Mark Gurman. The possibility of an Apple-branded TV set was mentioned in his weekly Power On newsletter, where he discussed Apple’s purported smart home hub, which is said to arrive as a wall-mounted device. The Apple TV box (with tvOS) competes with similar devices that run on Android TV OS and ***** OS, but the company is yet to introduce its own TV set.
Apple TV Set Could Compete With Offerings From Popular TV Manufacturers
Gurman writes that Apple is “evaluating” the development of an “Apple-branded TV set” in his newsletter, which suggests that the company is at a very early stage. However, MacRumors points out that this is not the first time that word of Apple’s plans to make its own TV have surfaced online — the company was rumoured to be developing its own TV as early as 2009.
Apple’s purported TV set would arrive as part of several smart devices being developed by the company, according to Gurman. The journalist previously revealed that the first of these devices would be a wall-mounted smart home hub that could control other devices and offer support for features like video calling.
However, Gurman says that if the smart home hub fails, Apple could “rethink its smart home ambitions once again”. The company is said to be working on a more advanced version of the smart home hub, equipped with a robotic arm, that could arrive with a higher $1,000 (roughly Rs. 84,400) price tag.
If the company is thinking of developing its own TV set, the company would face competition from several manufacturers such as Sony, Samsung, LG, and Sharp — these firms offer a range of TVs across price models, while Apple can be expected to introduce a model with high-end specifications.
Apple’s TV set could also offer support for features available on its TV box that include Siri, HomeKit, and more. It’s currently unclear whether Apple will use the same operating system — tvOS — on the purported TV set.
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Apple’s AirTag 2 to Launch in 2025 With Better Chip, Privacy Improvements: Mark Gurman
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Resilient Aussies used the pandemic to brace for higher interest rates
Resilient Aussies used the pandemic to brace for higher interest rates
Aussie mortgage holders are in theory the most exposed to interest rates rises in the world, yet there is little evidence of a mortgage cliff, the RBA said.
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