Latest news with #Coburg
Globe and Mail
29-05-2025
- Business
- Globe and Mail
At 79, this fitness influencer is the strongest she's ever been. Plus, should this woman in her 50s downsize to help her kids financially?
Joan MacDonald's wake-up call came from her daughter, writes freelance fitness columnist Alyssa Ages. At 70 years old, Joan had high blood pressure, lymphedema in her ankles and kidney failure. Basic movements like getting down on the floor and back up again were strenuous. 'You're on a highway to a nursing home, mom,' Michelle MacDonald recalled telling her mother. Michelle, who is a trainer, was visiting her mom in Coburg, Ont., when she first noticed the extent of her deteriorating condition. Standing inside Joan's home, Michelle watched as her mom struggled to walk up the stairs. She saw the broken capillaries in her face from acid reflux. She learned that Joan was on blood pressure drugs that are nearly impossible to wean off. Michelle was supposed to get back on a plane in a few days but she couldn't leave without trying to get her mother to understand the gravity of her health. They spoke for a long time about the risks of continuing to ignore her mounting issues, and the changes they could make with just a little bit more movement. She wasn't sure if any of it was getting through. It did. By the time Michelle woke up the next morning, her mother was waiting for her in the car, wearing a black Good Life T-shirt, baggy black sweatpants and an old pair of sneakers, ready to head to the gym. 'I was bound, bent and determined to show her that I could actually do it,' said Joan. 'That I was good for my word. That I would see it through.' Nearly a decade later, Joan is a fitness influencer with more than two million followers across multiple platforms, the owner of a fitness app that helps other women begin their strength journeys and an author. Read the full article here. Mimi describes herself as a 52-year-old professional who lives alone and is supporting her two children through university. 'I need to make some decisions,' Mimi wrote. She earns $210,000 a year working in education. Both Mimi and her employer contribute to her defined contribution pension plan, which is valued at $657,000, and she has a large, mortgage-free house with a rental suite in the university town where she works. 'The house has a huge yard and it is older, making it hard for me to keep it up,' Mimi wrote. The rental suite generates $1,580 a month. 'The house is heavy, psychologically and financially. But it is beautiful!' Last year she bought a condo in the city for her elder daughter to live in while she goes to university. The mortgage is $410,000. Should Mimi keep the condo? 'Or, do I sell it all? Will I save more money by divesting myself of these properties than I would make by holding on to them?' she wrote. 'I have my pension, but really that is all I have, so I need to be careful.' Any sale or downsizing of her house would be several years out. Mimi plans to retire when she is 65 with a tentative spending target of $100,000 a year after tax. 'How much support can I give my kids?' she wrote. For this Financial Facelift, Barbara Knoblach, a certified financial planner with Money Coaches Canada in Edmonton, looks at Mimi's situation. Get some FREE advice from The Globe and Mail about your unique financial situation by e-mailing finfacelift@ to be part of our Financial Facelift series. You can share your story under a false name and our photographers will obscure your identity in one of our trademark Financial Facelift photos. Here are some recent facelifts for you to read. We're especially keen to hear from Canadians worried about how the trade war with the Trump administration will impact their ability to retire – or – ave for retirement. Have you changed your investment strategy? Your retirement timeline? Your travel plans? Hopefully our advice can help you weather these stormy times and ensure a secure financial future. In this Charting Retirement article, Frederick Vettese, former chief actuary of Morneau Shepell and author of the PERC retirement calculator, compares the 4-per-cent rule of drawing down 4 per cent of your savings in the first year of retirement versus how using an algorithm can inform a retirement strategy. Weeks ahead of the planned rollout of a new federal benefit for people with disabilities, Canadians still have no instructions on how to apply for it, and recipients in Ontario are unclear whether their payments will be clawed back by the province, writes personal economics reporter Erica Alini. The Trudeau government announced in its last federal budget, in 2024, that the newly created Canada Disability Benefit, or CDB, would provide up to $2,400 a year – or $200 a month – to eligible low-income beneficiaries, starting in July of this year. The payments are meant to supplement existing financial supports for Canadians with disabilities, many of whom live in poverty. But as of the end of May, the administrative rollout of the CDB, now overseen by the government of Prime Minister Mark Carney, remains mired in uncertainty. Ottawa has yet to publish an application form for the benefit, a delay advocates say could cause some people to miss out on at least the first monthly payment. Another issue is whether the benefit will trigger reductions of social assistance payments. Read the full article here. Affordability concerns and trade tensions between Canada and the U.S. have many parents worried about whether they will be able to leave an inheritance for their children, notes retirement reporter Meera Raman. Four in five Canadian parents say the rising cost of living is the greatest threat to their ability to pass down their wealth, a report released Wednesday from the Money Wise Institute found. Nearly 60 per cent expect to spend most of their assets during their lifetime. Yet while older Canadians are concerned they may not have enough to leave behind, many young adults are banking on an inheritance to secure their financial future. More than half of millennial and Gen Z respondents in the report said they expect to receive a windfall. That gap in expectations – widened by economic headwinds and market volatility – is exposing a lack of communication and planning within many families, financial planners say. 'The cost of living is rising, and now with the tariffs, the uncertainty, and still high prices – it really is affecting Canadians,' said Kelley Keehn, co-founder of the Money Wise Institute, a financial education company based in Toronto. Read the full article here. This week, we turn to The Globe's Inside the Market mailbag and freelance columnist Gordon Pape to answer this one. Q: I will turn 71 this year. My strategy when converting my RRSP to an RRIF is to transfer the minimum required amount (5.28 per cent) in shares of an individual stock from my RRIF account to a non-registered trading account. I will have to pay tax on this transfer. My question is, at some point, if I sell these shares – hopefully at a profit – that I have just paid tax on, will I have to pay tax on the capital gains? A: Yes, you will have to pay capital gains tax on profits, but it is not double taxation. Once the shares are out of the RRIF, you're starting clean from a tax perspective. The book value of the shares is the price at the time you moved them into the non-registered account. If you were to sell them the next day at the withdrawal price, there would be no tax. You'll only pay tax on any profits you make going forward – in other words, on any future gains. Gordon Pape is editor and publisher of the Internet Wealth Builder and Income Investor newsletters. Interested in more stories about retirement? Sixty Five aims to inspire Canadians to live their best lives, confidently and securely. Read more here and sign up for our weekly Retirement newsletter.
Daily Mail
25-05-2025
- Sport
- Daily Mail
AFL fans stunned by 'longest goal ever' during VFL match: 'That is outrageous!'
AFL fans have been left reeling after an astonishing goal in the VFL that many are claiming to be the longest ever. Sydney player Jordan Endemann delivered the moment, kicking an absurd goal against Coburg at Barry Plant Park. Endemann received the ball on the back flank after a turnover and decided to unleash a booming torpedo from his own half. The ball seemed to travel around 75m in the air, clearing a couple of players at the 50m line. It landed about 25-30m from the goals and kept bouncing. Two players did their best to chase, but the ball eventually bounced through for a goal. Fans at the park cheered and the incredible act was quickly uploaded to social media where fans debated if it was the longest goal in Australian football history. 'That's gone around 100 metres I reckon.' 'That is f**king outrageous,' replied another. 'Longest goal ever easily,' posted a third. 'Holy Cow That is HUUUUGGGEEEE!!' another said. One added: 'Off two steps. Ridiculous!' One footy fan used Google Maps to try and figure out the exact length of the kick. His calculations showed 109m, although not 100 per cent accurate.
7NEWS
24-05-2025
- Sport
- 7NEWS
AFL fans lose it over ‘longest goal ever' by Sydney VFL player Jordan Endemann
AFL fans are losing their collective minds over an incredible goal in the VFL that could lay claims to be the longest ever. Sydney VFL player Jordan Endemann is the man with the superboot, kicking a goal against Coburg at Barry Plant Park that has left many people scratching their heads. WATCH THE VIDEO ABOVE: Endemann kicks incredible 100m goal. When Endemann got the ball on the wing, just about in line with the backside of centre square, it seemed impossible for what was about to unfold. With no obvious option, he just unloaded a torpedo to get it out of danger. The ball must have travelled at least 75m in the air, clearing the only two players, who were stationed at about the 50m line. The ball then took a fortuitous bounce and just kept going towards goals. The two players chased hard, but the ball just kept going and eventually crossed the goalline. A clip of the goal quickly went viral on social media with fans losing it. 'Holy Cow That is HUUUUGGGEEEE!!' One fan said. 'That's gone around 100 metres i reckon,' another said. 'Longest goal ever easily,' another added. 'This will never be defeated,' another said. 'New nickname for him: End-to-Endemann,' a clever fan said. One fan used Google Maps to try and predict the length of the kick. The result showed 109m, although it wouldn't be 100 per cent accurate. The goal gave the Swans an early 17-point advantage, but Coburg fought back to eventually claim a 32-point win. Endemann, 21, was a member of the Swans Academy but was overlooked in the drafts.
ABC News
18-05-2025
- Entertainment
- ABC News
Surprise Chef — Superb
Melbourne-bred instrumental combo Surprise Chef have built an enviable reputation upon their platter of cinematic jazz-funk and soul, featuring licks of library music, film scores, and hip hop. The band's tasteful updating of vintage sounds has earned them overseas attention while making them darlings of crate-diggers and community radio alike, serving up intoxicating atmospheres and grooves tight enough to set your watch to. Their new record, however, sees the group loosening up. Superb , Surprise Chef's fourth album in five years, trades precision for experimentation and carefully plotted courses for spontaneity. From the jump, Superb embraces a broader range of ideas and influences on music that's freer and more relaxed to tinker and explore. Slow-burning opener 'Sleep Dreams' welcomes you in with gently raked guitar and mysterious keyboard lines that draw from Middle Eastern psych-folk. 'Body Slam' begins with a bait-and-switch: a familiar soul-soaked arrangement swiftly giving way to a sinister, suspenseful affair with sleek xylophone, vibraphone and a squelchy synth lead. There are more electronic flourishes too, from the knob-twiddling decorating 'Consulate Case' and 'Plumb Tuckered', to the drum machine anchoring spacious stand-out 'Websites', building layered, sticky melodies upon buttery bass. Hailing from the inner-north Melbourne suburb of Coburg, the band continues their tradition for naming songs with hyper-localised references (such as 'A1 Bakery Pledge of Allegiance' and 'Blyth Street Nocturne'). Here, we get the Australian-specific titles 'Fare Evader' and 'Tag Dag'. The former is a smoky, hip hop-leaning groove while the latter is an album highlight. Dusty drums, faux strings and a sizzling triangle rhythm lock us into a luxurious groove and layered melodies. Like Surprise Chef's best work, it pulls at various genre threads to fashion something uniquely fresh. Surprise Chef have made fans out of The Roots leader Questlove and even scored a Pepsi Super Bowl Halftime ad. ( Supplied: Nick McKinlay ) Elsewhere, the dusty beats and smoky piano licks of 'Bully Ball' are begging to be flipped by a rapper. (Let's not forget Surprise Chef's 'Spiky Boi' was sampled in a collab between Wu Tang's Ghostface Killah and Rich Brian). But the track's twinkling melodies, wah-wah guitar and fuzzy keys have plenty of personality alll their own. The groovy 'Slippery Dip' closes the album on a high note, complete with a mid-song tempo switch toward something silkier and laid-back. Superb is the sound of a group who fully grasp their lush, signature sound but now confident enough to toy with it, loosening up without sacrificing what makes them special. By branching out, Surprise Chef deservedly join the ranks of Khruangbin, BADBADNOTGOOD, Sven Wunder or Budos Band — world-class (mostly) instrumental acts who evolve through a mastery of dynamics, interplay and undeniable groove, achieving what many vocal-fronted acts cannot. Offering extra spice to their established menu, Superb finds Surprise Chef living up their name – allow them time and space to cook, and they're guaranteed to dish up something tasty with a satisfying twist. Catch Surprise Chef touring Superb at the following dates: Saturday 24 May - Sydney Opera house for Vivid LIVE: Gadigal Land, Sydney Saturday 31 May - Porch & Recreation @ Burnside Ballroom: Kaurna Land, AdelaideFriday 6 June - The Night Cat: Wurundjeri Woi Wurrung Land, Melbourne Saturday 7 June - The Night Cat: Wurundjeri Woi Wurrung Land, Melbourne Thursday 19 June - Princess Theatre for Open Season: Turrbal Jagera Land, Brisbane
News.com.au
10-05-2025
- Business
- News.com.au
Reserve Bank rate cut forecast linked to Melb auction results that shot $300,000 past reserve
Multiple Melbourne homeowners have been left with shock home sale results that will see them walk away six figures better off than expected. In one of yesterday's most unexpected sales, a four-bedroom Victorian era house delivered a $1.175m result despite only having an $880,000 reserve price. In its first sale since 1946, the 16 Station St, Coburg, home had been the residence of the same family since the 1930s — when the moved in to it as tenants, before going on to purchase it off their landlord. Nelson Alexander's Ryan Currie recorded an $840,000 opening bid, with five bidders subsequently jumping in. In the end the bidding came down to a couple with a chihuahua, and a young man with his parents in tow. It went to the couple, but that didn't stop the underbidder heartily congratulating them afterwards. But Mr Currie said even more prospective bidders had cooled on the property overnight before the auction, choosing not to bid. 'It had the train line behind it, and while it had good bones, a number of people decided not to go so hard,' he said. Mr Currie added that it seemed with the prospect of an interest-rate cut in a week's time while some buyers had lost their nerve, a result $295,000 above expectations showed others had clearly felt that now was the time. Another blow out result in Ferntree Gully also left the vendors and agents in shock, in a further sign the market is anticipating home values to rise with future rate cuts. Jellis Craig's Andrew Luke had four bidders pursue 27 Stringybark Close, three of them downsizers. 'And they were cashed up and just ready to go,' Mr Luke said. While the home had a $1.4m reserve, the top of its price guide, the buyers had other ideas — driving the sale to a whopping $1.78m. 'All of the buyers had said prior they couldn't go much past the advertised price,' he said. 'But in my preamble I said to everyone 'buy now', as if it's a half a per cent cut in May, we know that when interest rates go down, prices go up.' The agent added that home sellers with a single-level floorplan were particularly well placed for strong sales.
