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Australian Property Mogul Becomes Biggest Single Investor in New York Home Market

Posted: December 8th, 2014 | Author: | Filed under: Business News, Renovation Planning | Tags: , , , | Comments Off on Australian Property Mogul Becomes Biggest Single Investor in New York Home Market

Aussie Property Mogul Becomes Biggest Single Investor in the Big Apple

An Australian businessman’s investment fund has divided locals after amassing hundreds of properties and becoming the largest single investor in family homes in the New York region.

Over the past three years, Alan Dixon’s fund has spent $610 million on residential property, buying nearly 600 houses and making his company the biggest investor in single family homes in New York.

Mr Dixon’s fund buys historic houses, many of them abandoned or rundown. They buy them cheap, renovate them, and turn them into luxury homes which command top dollar on the rental market.

The purchases are made entirely in cash, and real estate broker Victoria Hagman said Mr Dixon’s all-cash deals are driving up prices :: Read the full article »»»»


Twitter Fights Off the Thought That it’s Peaking

Posted: February 13th, 2014 | Author: | Filed under: Technoid, Technology | Tags: , , , , , , | Comments Off on Twitter Fights Off the Thought That it’s Peaking

Twitter Fights Off the Thought That it's PeakingTwitter has suffered a massive loss in its first published financial results since the social networks highly anticipated US stock market debut last year, and though the company might not have been surprised, punters took a different view, with shares dropping almost 25 percent in value.

Twitter told shareholders it lost $US511 million/$AU573 million in the last three months of last year, that’s despite a doubling of revenue from 12 months ago to a better-than-expected $US243 million/$AU273 Million.

Financials aren’t the only woes the micro-blog are suffering, Twitter seems to be testing a new heavier design and it’s users haven’t been receptive of the changes. The new layout is reported to include a look described by many as a cross between Facebook and Google plus. Format changes in the past – including their most recent small change – have upset a bunch of users :: Read the full article »»»»


Google’s Hot New Buy, Smart-home integrator, Nest Labs

Posted: January 14th, 2014 | Author: | Filed under: Technology | Tags: , , , , , , , , , , , , | Comments Off on Google’s Hot New Buy, Smart-home integrator, Nest Labs

Google's Hot New Buy, Smart-home integrator, Nest LabsThe behemoth that is Google, has announced it’s first acquisition for the year, it’s buying Nest, a smart thermostat maker set up by former Apple genius and iPod visionary, Tony Fadell, in a deal said to be worth $US3.2 billion/$AU3.5 billion.

This latest big-ticket buy continues a move by the California-based search giant into consumer electronics hardware, adding smartphone-synced thermostats to its Motorola Mobility smartphones, Nexus mobile devices, Chromecast, and the promised release of  Google Glass some time this year.

Nest Labs makes internet connected smoke detectors and thermostats. The company set about reinventing simple, but essential household devices in 2011 with the launch of it’s Nest Learning Thermostat and follow up product, Protect, a smoke alarm controlled by mobile devices :: Read the full Technoid article »»»»


Australia’s War on Sugar

Posted: January 11th, 2014 | Author: | Filed under: Health News, The Organic Gourmet | Tags: , , , , , , , , | Comments Off on Australia’s War on Sugar

Australia's War on SugarIn Australia the war on obesity is heating up, three major health organisations want a sugar tax on all sweetened beverages – not just soft drinks, but products like flavoured milk and sports drinks – to limit consumption and curb what is shaping up to be the nations biggest health problem.

However, Australia’s Food and Grocery Council – the body representing the food and beverage industry – is hitting back against health campaigns aimed at reducing sugar consumption, prompting critics to compare the industry’s position to that of tobacco companies fight against smoking decades ago.

In the UK a similar campaign ‘Action on Sugar’ has just launched, in the hope of reversing the obesity epidemic by targeting the “huge and unnecessary amounts of sugar that are currently being added to our food and soft drinks”. The campaign’s expert advisors include heavyweights from the scientific and medical community.

Last month leaked draft guidelines from the World Health Organisation – WHO – suggested the organisation is considering halving the recommended daily intake of sugar from ten teaspoons to five. WHO’s “global strategy on diet” also says an unhealthy diet is a major risk factor for chronic disease and recommends reducing sugar intake to help prevent conditions like type 2 diabetes and dental problems :: Read the full article »»»»


Australia to Review National Curriculum

Posted: January 11th, 2014 | Author: | Filed under: Australia, Politics | Tags: , , , , , , , , , , , , , | Comments Off on Australia to Review National Curriculum

Australia to Review National CurriculumAustralia’s Education Minister Christopher Pyne has announced a review of the nations school curriculum, he’s indicated he wants the curriculum to have a greater focus on the benefits of Western civilisation.

He has asked two critics of the current curriculum – former teacher and ex-Liberal Party staffer Kevin Donnelly, and University of Queensland Professor Ken Wiltshire – to review what is taught in Australian schools.

The Australian Education Union, which represents teachers, believes many of the minister’s concerns are unfounded, saying the national curriculum is already overseen by an independent body, which includes representatives of every state and territory education minister, as well as the private school sector.

Both of the men tasked with reviewing the curriculum have previously expressed concern at what is being taught in the nation’s schools. In July last year Professor Wiltshire wrote that the content of the curriculum was “poor and patchy”, adding that it “has been condemned by experts in just about every discipline, and there are no apparent values serving as its foundation”.

The other man tasked with reviewing Australia’s education curriculum, former teacher and ex-Liberal Party staffer Kevin Donnelly says Australian education has become too secular, and the nation’s Judeo-Christian heritage should be better reflected in the curriculum. Mr Donnelly says religion does not have enough of a presence in Australia’s “very secular curriculum”, and that it needs to be taught “more effectively” :: Read the full article »»»»