Email By Stephanie Zillman Updated December 10, 2019 18:26:49 Photo: Federal Minister for Northern Australia Matt Cananvan announced the loan. (ABC News: Stephanie Zillman) Related Story: 'Not swallowing it': Scorn on cash-strapped NT Government's $400 million pledge Related Story: NT Govt offers to spend $100m on new ship maintenance facility Related Story: Push to 'nationalise' Darwin Port to end Chinese ownership of strategic asset Map: Darwin 0800 Darwin will be home to the largest ship lift in Northern Australia from 2023 now the Northern Australia Infrastructure Facility (NAIF) has signed off on a $300-million loan to the Northern Territory Government. Key points:The NAIF loan is worth $300m, with the NT contributing a further $100m upfrontThe ship lift will be the largest facility of its kind in Northern AustraliaDefence has not committed to using the ship lift but said they would consider it on a commercial basis The NT Government will contribute a further … [Read more...] about ‘Good deal’ signed for ship lift loan in Darwin as $400m added to NT debt coffers
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(CNN)It's been dubbed the "best league in the world" for its exciting games and competitiveness, but it wasn't the greatest weekend for the Premier League -- the most watched football division globally -- as several ugly incidents unfolded. Manchester United players were allegedly racially abused in Saturday evening's Manchester derby, while a 13-year-old Burnley supporter was ejected at Tottenham and is being investigated by police for an alleged racist gesture aimed at South Korea international Son Heung-Min. Follow @cnnsport Everton is also investigating claims of alleged homophobic chanting in its home win against Chelsea, while on Sunday, Brighton threw out two visiting Wolves fans for homophobic abuse. In Manchester on Saturday, Brazilian midfielder Fred and English attacker Jesse Lingard appeared to be targeted with racist actions in the second half near the corner flag, while Fred was also hit by objects thrown from the stands in United's 2-1 victory at City. The following … [Read more...] about Premier League: Racist and homophobic incidents tarnish ‘best league in the world’
Juzer GabajiwalaInvestors always give a lot of weight to the past performance of returns. In fact, most decisions are always made on the basis of returns.In the case of mutual funds, it is not that you need to ignore the returns as that is ultimately the performance parameter of the fund manager. While selecting a scheme for investment or while deciding whether to continue with a current investment, a fund’s performance track record does play a critical role and returns usually take precedence over other important factors that are considered while investing.Close However, given the changes recently introduced by SEBI with regard to categorisation of schemes, this parameter would not be an appropriate tool at present.Juzer GabajiwalaDirector|Ventura Securities Take the SIP route for equity mutual funds amid volatility, keep 3-5 yrs horizonHow tax is calculated on debt mutual fund investmentsInternational funds: Key to achieving geographical diversificationIn order to enable … [Read more...] about Picking the best mutual fund: Are past returns relevant after re-categorisation?
ANTHONY MARTIAL has committed himself to Manchester United for another five years — with a flurry of Old Trafford stars now set to follow suit. The Frenchman has been assured of his future under interim boss Ole Gunnar Solskjaer and has put pen to paper on a new deal taking him to 2024. After missing out on France's World Cup-winning squad, and falling out of favour under Jose Mourinho, the former Monaco man has gone on to thrive under Solskjaer. He has ten goals in all competitions for United this season — and the Red Devils missed him on Tuesday as they drew 2-2 with Burnley. Martial said: "I am loving my time at this club. "From the day I joined I have been made to feel part of the United family and I have been incredibly humbled and overwhelmed by the warmth and love of our fans, who continue to amaze me with their support.MAN UTD NEWSLive BlogUTD LATEST Man Utd news LIVE: Latest updates and transfer gossip from Old Trafford sort it out Is the Champions League … [Read more...] about Man Utd confirm Martial’s new five-year deal with string of stars including De Gea set to commit too
The battle within the cabinet to replace Theresa May as prime minister has left the UK an unreliable negotiating partner in the Brexit talks, unable to convince the EU that it will stick to any agreement it strikes, a former Irish prime minister has said. Speaking to business leaders in Brussels, John Bruton accused the British government of being hopelessly divided, and offering only a vague and impractical vision of what may come once the UK leaves the bloc in 2019. “If it got into detail, the disagreement between cabinet members is so deep that the Conservative party would split and the government would fall,” Bruton told the Institute of Directors. “The Labour opposition has a similar problem. UK party and public opinion has been polarised and is unready for compromise. The Conservative party is consumed with its leadership struggle and cannot be relied upon to make a deal that will stick.” Bruton, who served as taoiseach from 1994 to 1997, and as the … [Read more...] about EU ‘cannot rely on UK to stick to Brexit deal’ because of cabinet divisions
Boris Johnson has been put on notice by rebel Conservatives that he will not survive long as prime minister unless he drops his no-deal Brexit agenda, as he stands on the brink of entering Downing Street. Johnson is expected to be announced as the choice of the Conservative party to be the next prime minister on Tuesday morning after running a campaign against Jeremy Hunt that promised to take the UK out of the EU by the end of October “do or die”. On the eve of his probable coronation by the Tory membership, several senior Conservatives sent warning shots that his hardline Brexit plans put him on a collision course with parliament. Rory Stewart, a former leadership rival, joined Philip Hammond and David Gauke in telling Johnson he would quit the cabinet before the new prime minister takes office rather than serve under him. In a further ominous move for Johnson, Sir Alan Duncan, a Foreign Office minister, resigned dramatically to launch an attempt to test whether the new … [Read more...] about Tory rebels warn Boris Johnson: ditch no deal or face fight for survival