Latest news with #Build
Scoop
4 days ago
- Politics
- Scoop
EJ Barrett Stands For Council To Fight 'The Cost Of Neglect' And Defend Local Democracy
Press Release – EJ Barrett In response to growing calls from candidates proposing exorbitant cuts to council spending, EJ Barrett has announced their campaign for the KaitakeNgmotu Ward in the 2025 New Plymouth District Council election, with a clear message: 'We … In response to growing calls from candidates proposing exorbitant cuts to council spending, EJ Barrett has announced their campaign for the Kaitake–Ngāmotu Ward in the 2025 New Plymouth District Council election, with a clear message: 'We can't afford the cost of neglect.' EJ brings professional experience in budgeting and finance, dispute resolution, facilitation of learning across all ages, communications, the arts, and a strong track record of working alongside young people, disabled communities, and families doing it tough. 'I'm running because our libraries, our housing, and our community spaces are on the line,' says EJ. 'There are people running on platforms to cut costs with no real plan or policies. But slashing support doesn't save money, it shifts the burden to families, social services, and future ratepayers. The cost of neglect is paid by everyone.' 'As someone who survived a lack of access to care, I can tell you for certain, the cost of care now is cheaper than the cost of crisis later.' As part of their campaign, EJ Barrett is calling for: Save Our Libraries: -Protection of public libraries, as safe, accessible resource hubs for all ages. House The People: -Affordable housing solutions, through lower barriers for community housing providers and urban subdivisions. -Build where the infrastructure already exists to reduce pressure on rates. Connected Communities: -Investment in accessible urbanisation to avoid long-term costs caused by underfunding social infrastructure EJ supports the retention of Māori wards, to ensure our democracy stays fair and representative. 'Our democracy is strongest when everyone has a seat at the table, not just the loudest or wealthiest voices,' says EJ. 'What's at stake isn't just funding. It's the future of a fair, livable, and connected district.' With a campaign slogan of 'Libraries. Homes. Communities.', EJ Barrett is inviting voters to stand up for the things that make Ngāmotu a great place to live, before we lose them to short-term thinking and political point-scoring.
What's On
6 days ago
- Sport
- What's On
Here's how to register for Spinneys Dubai 92 Cycle Challenge
Cycling fans, gear up, the Spinneys Dubai 92 Cycle Challenge is officially back for its 16th edition, and registration is now open. One of the region's most iconic sporting events, this 92km race returns to Expo City Dubai on February 15, 2026, and it's your chance to pedal your way into international competition. Held in partnership with Dubai Sports Council, Spinneys, and Dubai 92, the cycle challenge continues to attract riders from around the world and this season promises even more adrenaline and ambition. From Dubai to Japan What makes this ride extra special? It's more than just a local race. The 2026 Spinneys Cycle Challenge is an official qualifier for the UCI Gran Fondo World Series Championship, with the top 25% of finishers in each age group earning a coveted spot at the finals in Niseko, Japan, in August 2026. That means your morning ride through the city could be the first step toward global cycling glory. Image: Supplied The road to 92km Registration also gets you access to the Aster BIG 5 competition, a series of four build-up rides designed to prep you for the big race. Held at the Al Qudra Cycle Track, each ride increases in distance and difficulty, helping you gradually build your pace and power. Along the way, leaderboards will track your progress, and the fastest male and female riders in each category will earn the exclusive leader jersey. Here's the 2025–26 ride schedule: Build up ride 1: September 28, 2025 Build up ride 2: October 26, 2025 Build up ride 3: November 23, 2025 Build up ride 4: January 4, 2026 Junior rides & outride: February 14, 2026 Main race, Spinneys Dubai 92 Cycle Challenge: February 15, 2026 Want to compete as a team? The team category is back too, letting groups of six ride together for the win. How to register You can register for the Aster BIG 5 competition now for Dhs585, which includes access to all build-up rides, exclusive prizes, a leaderboard ranking, a bespoke finisher medal, and that all-important entry to the 92km challenge. Location: Expo City Dubai Date: February 14 to 15, 2026 Cost: Dhs585 for Aster BIG 5 registration Contact: > Sign up for FREE to get exclusive updates that you are interested in
The Citizen
30-07-2025
- Automotive
- The Citizen
BYD Atto 1 for SA: Launch date confirmed
In the December 2024 issue of CAR magazine, the team detailed all the cars confirmed for South Africa in 2025. Among the BYD (Build Your Dreams) models announced for our market were the Shark 6 and Sealion 6 plug-in hybrids, both of which their team sampled on local shores. However, in addition to these two models, the Chinese automaker told them that it will introduce 'two new EVs (electric vehicles), one of which will be affordable' to South Africa. Though, at the time, the company remained tight-lipped as to which shape the more attainable model will take. Now, thanks to the magazine's friend and automotive journalist Juliet Mcguire, who is currently with BYD in China, they can confirm which model this is: The Atto 1, and when it will arrive in our market. When will the BYD Atto 1 launch in South Africa? The Atto 1 will launch in South Africa in September, and pricing is expected to be announced soon. Billed by BYD as a cool, fun-loving, compact EV for the big city, the Atto 1 (also named Dolphin Surf in select overseas markets) measures 3 990mm in length and 1 720mm in width – dimensions comparable to that of the all-electric Mini Cooper, though shorter and narrower than the GWM Ora 03 and BYD's current most affordable EV, the Dolphin. Equipped with the firm's Blade Battery, available in either 30 and 42.2kWh capacity – the former in 300.8 and 288V, and the latter in 288V. BYD claims operating ranges of 220, 322, and 310km for the aforementioned derivatives, respectively. While the smaller battery can receive up to 65kW at a DC fast charging station, the larger battery can receive up to 85kW. At such a facility, a 10-80% recharge takes 30 minutes, BYD says. Exclusively available in front-wheel drive, the Atto 1 models' permanent synchronous electric motor produces 65kW in 300V and 288V 30kWh guises, and 115kW in the 42.2kWh model. The firm claims 0-100km/h sprint times of 11.1, 12.1, and 9.1s for these derivatives, respectively. Stepping inside, the most compact Atto features a 7.0-inch digital driver's display, 10.1-inch touchscreen infotainment with Apple CarPlay and Android Auto screen mirroring, and a four-speaker audio system. A reverse-view camera, supplemented by park distance sensors, are included in the package, with the top-spec model gaining a 360-degree camera array. Advanced driver assistance systems include adaptive cruise control, lane-keep assist, and lane departure warning, among other items. Related The post BYD Atto 1 for SA: Launch Date Confirmed appeared first on CAR Magazine.
Time of India
11-07-2025
- Business
- Time of India
Want Rs 1 lakh per month after retirement? Here's the corpus you'll need & how to get there
Tired of too many ads? Remove Ads Focus on goal-based investing Tired of too many ads? Remove Ads Replacing active income with passive Tired of too many ads? Remove Ads Benefit of starting early How they stack up: Build a secondary income What could be a good starting point to understand all the variables and requirements? (Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of .) The PGIM India Retirement Readiness Survey 2023 revealed some interesting insights that I thought would be helpful for people who are considering building their retirement survey found that households have identified financial goals like children's education, marriage, buying a house or car, starting a business, retirement, healthcare expenses, most people do not save and allocate investments separately for each specific goal. At the time of conducting the survey, people had a number in mind which is roughly 10 to 12 times their annual tend to take the approach of building a corpus of 50 lakh or 1 crore or any such number which they intend to use as and when something becomes a priority. This usually tends to be financial needs for their children's education and marriage. Retirement, though a big need, takes a investment accounts for each specific goal is important and allocating early and specifically for retirement is even more important for one reason alone. That is 'Retirement is the only financial goal of your life for which you do not get a conventional loan.'A gap in the requirement of any other goal can be fulfilled by an education loan, home loan, car loan, business loan etc. But not for planning often focuses on a required number – it could be Rs 50 lakh, 1 crore, 2 crore or 5 crore or more depending on the outputs from retirement calculators. In this post, I wish to draw your attention to a simple concept which can help you plan for this start with, ascertain how long it takes to replace one year's income with your savings and returns on your investment. And how much faster it gets if you already have a starting pool of money. In this regard, starting early has a huge Indians consider real estate as an investment avenue. Suppose your home is worth 1 crore gets a rental yield of 5%, how many years would it require to recover the cost of the house? Simple – 5% rental yield on a 1 crore house is 5 lakhs a in 20 years you would have recovered the 1 crore you paid for the house. I am not complicating it here by considering the cost of monthly maintenance, stamp duty, basic furniture costs, repair and other such costs though all of those costs matter in computing payback. To help with that, skip the last in the case of savings, suppose you have an annual income of 12 lakh, and you save 10% (1.20 lakh) every year; how many years would it require to replace one year's annual income?Well, 10 years if you consider zero return. If your invested savings generate a 8% return, then it would take 7.5 years to get to 12 lakhs. If, at the start, you had an extra 1 lakh earning the same 8%, you could replace that 12 lakhs in 6.7 years. Again, I am not getting into the purchasing power deterioration over time due to inflation etc. For help with that, skip to the last to retirement - say targeted at age 60, let's assume you wish to replace your current 1 lakh per month income or 12 lakh annual income. If you want this income for 25 years, (assuming life expectancy of 85 years), how much corpus would be required to replace your monthly salary?Using any online calculator, assuming a conservative post-retirement return on your investments of 6% per annum and considering 5% inflation, you will need approximately Rs 2.5 crore to generate Rs 1 lakh per month growing annually with inflation for 25 years. (This is using an inflation-adjusted withdrawal. Sounds complicated. Again, for help, skip to the last para). So, how do you accumulate this corpus?Let's assume Omkar is currently 25 years old. He wants to retire at 60. That gives him 35 years to build his corpus. His friends Ravi & Rohan who are older to him want to retire at 60 of them have a need for a corpus that can replace their 1 lakh monthly income and also protect it for inflation over their retirement period. We know from our above example that you will probably need a corpus of 2.5 let's assume they require 3.25 crore on a safer side, so that they are able to meet any unexpected cash outflows in retirement. Now let's look at how much Omkar and his friends who start investing at different ages are able to save:Past performance may or may not be sustained in future and is not a guarantee of any future returns. Please note that these calculations are for illustrations only and do not represent actual returns. Mutual Funds do not have a fixed rate of return, and it is not possible to predict the rate of return.• Omkar invested 21 lakhs over 35 years and built a corpus of Rs 3.25 crore.• Ravi invested 30 lakhs over 25 years and accumulated Rs 1.9 crore. Ravi needs to invest a lumpsum of 9.10 lakh at the start of his investment journey to catch up with Omkar's corpus. Rohan invested 45 lakhs over 15 years and got Rs 1.26 crore. Since Rohan started late, he has to invest a higher amount – 37.63 lakh to match Omkar's who started early accumulated a bigger corpus even though the contribution is less. Clearly, time played a crucial role in compounding the corpus. Thus, the habit of saving early can have a profound impact on the final corpus even if the saving is a side note, don't be overly anxious as you see the outcomes on online calculators. Know that the key is in the skills you can monetize beyond your current professional skill. That's a topic for another the meantime, you can take a look at our 50 Gigs Compendium which gives you an idea of the various skills you can hone, the technical training required and expected earnings from them while the calculations above are simple and straight forward, we know that there are more variables and costs to consider and other dimensions that may impact our retirement lifestyle and is also prudent to have adequate life insurance and health insurance during your active employment so that your dependents are provided recommendation I have, to help you succeed in your financial journey, is this - Work with a trusted financial advisor who can help you understand all of the big and small variables you need to consider and help you navigate your life's unique challenges to build a secure future.I, for one, am thankful to my financial advisor to make my family's financial journey a well-planned one.(The author is CEO, PGIM India AMC): Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Economic Times
11-07-2025
- Business
- Economic Times
Want Rs 1 lakh per month after retirement? Here's the corpus you'll need & how to get there
Tired of too many ads? Remove Ads Focus on goal-based investing Tired of too many ads? Remove Ads Replacing active income with passive Tired of too many ads? Remove Ads Benefit of starting early How they stack up: Build a secondary income What could be a good starting point to understand all the variables and requirements? (Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of .) The PGIM India Retirement Readiness Survey 2023 revealed some interesting insights that I thought would be helpful for people who are considering building their retirement survey found that households have identified financial goals like children's education, marriage, buying a house or car, starting a business, retirement, healthcare expenses, most people do not save and allocate investments separately for each specific goal. At the time of conducting the survey, people had a number in mind which is roughly 10 to 12 times their annual tend to take the approach of building a corpus of 50 lakh or 1 crore or any such number which they intend to use as and when something becomes a priority. This usually tends to be financial needs for their children's education and marriage. Retirement, though a big need, takes a investment accounts for each specific goal is important and allocating early and specifically for retirement is even more important for one reason alone. That is 'Retirement is the only financial goal of your life for which you do not get a conventional loan.'A gap in the requirement of any other goal can be fulfilled by an education loan, home loan, car loan, business loan etc. But not for planning often focuses on a required number – it could be Rs 50 lakh, 1 crore, 2 crore or 5 crore or more depending on the outputs from retirement calculators. In this post, I wish to draw your attention to a simple concept which can help you plan for this start with, ascertain how long it takes to replace one year's income with your savings and returns on your investment. And how much faster it gets if you already have a starting pool of money. In this regard, starting early has a huge Indians consider real estate as an investment avenue. Suppose your home is worth 1 crore gets a rental yield of 5%, how many years would it require to recover the cost of the house? Simple – 5% rental yield on a 1 crore house is 5 lakhs a in 20 years you would have recovered the 1 crore you paid for the house. I am not complicating it here by considering the cost of monthly maintenance, stamp duty, basic furniture costs, repair and other such costs though all of those costs matter in computing payback. To help with that, skip the last in the case of savings, suppose you have an annual income of 12 lakh, and you save 10% (1.20 lakh) every year; how many years would it require to replace one year's annual income?Well, 10 years if you consider zero return. If your invested savings generate a 8% return, then it would take 7.5 years to get to 12 lakhs. If, at the start, you had an extra 1 lakh earning the same 8%, you could replace that 12 lakhs in 6.7 years. Again, I am not getting into the purchasing power deterioration over time due to inflation etc. For help with that, skip to the last to retirement - say targeted at age 60, let's assume you wish to replace your current 1 lakh per month income or 12 lakh annual income. If you want this income for 25 years, (assuming life expectancy of 85 years), how much corpus would be required to replace your monthly salary?Using any online calculator, assuming a conservative post-retirement return on your investments of 6% per annum and considering 5% inflation, you will need approximately Rs 2.5 crore to generate Rs 1 lakh per month growing annually with inflation for 25 years. (This is using an inflation-adjusted withdrawal. Sounds complicated. Again, for help, skip to the last para). So, how do you accumulate this corpus?Let's assume Omkar is currently 25 years old. He wants to retire at 60. That gives him 35 years to build his corpus. His friends Ravi & Rohan who are older to him want to retire at 60 of them have a need for a corpus that can replace their 1 lakh monthly income and also protect it for inflation over their retirement period. We know from our above example that you will probably need a corpus of 2.5 let's assume they require 3.25 crore on a safer side, so that they are able to meet any unexpected cash outflows in retirement. Now let's look at how much Omkar and his friends who start investing at different ages are able to save:Past performance may or may not be sustained in future and is not a guarantee of any future returns. Please note that these calculations are for illustrations only and do not represent actual returns. Mutual Funds do not have a fixed rate of return, and it is not possible to predict the rate of return.• Omkar invested 21 lakhs over 35 years and built a corpus of Rs 3.25 crore.• Ravi invested 30 lakhs over 25 years and accumulated Rs 1.9 crore. Ravi needs to invest a lumpsum of 9.10 lakh at the start of his investment journey to catch up with Omkar's corpus. Rohan invested 45 lakhs over 15 years and got Rs 1.26 crore. Since Rohan started late, he has to invest a higher amount – 37.63 lakh to match Omkar's who started early accumulated a bigger corpus even though the contribution is less. Clearly, time played a crucial role in compounding the corpus. Thus, the habit of saving early can have a profound impact on the final corpus even if the saving is a side note, don't be overly anxious as you see the outcomes on online calculators. Know that the key is in the skills you can monetize beyond your current professional skill. That's a topic for another the meantime, you can take a look at our 50 Gigs Compendium which gives you an idea of the various skills you can hone, the technical training required and expected earnings from them while the calculations above are simple and straight forward, we know that there are more variables and costs to consider and other dimensions that may impact our retirement lifestyle and is also prudent to have adequate life insurance and health insurance during your active employment so that your dependents are provided recommendation I have, to help you succeed in your financial journey, is this - Work with a trusted financial advisor who can help you understand all of the big and small variables you need to consider and help you navigate your life's unique challenges to build a secure future.I, for one, am thankful to my financial advisor to make my family's financial journey a well-planned one.(The author is CEO, PGIM India AMC): Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
