Latest news with #Storey
Yahoo
3 days ago
- General
- Yahoo
Historic clock ticks again after year of silence
A 190-year-old clock above an historic gateway on Lincoln's High Street is now working after being broken for over a year. Since May 2024, time had stood still on the 19th Century clock above the Stonebow until it was repaired on Thursday afternoon. Specialist engineers travelled from Cumbria to install a new winding mechanism. A spokesperson for Lincoln City Council said: "This timepiece has been a fixture in the city for nearly two centuries and we're proud to see it back in full working order." The spokesperson added fixing the clock had been a "very delicate and thorough process" due to its age. The timepiece was installed in 1835 but its mechanism was updated in 1959. Mayor's officer Richard Storey said replacing the clock was "not even under consideration" and they wanted to "modernise and future-proof" it instead. He said: "It took a little bit longer than we anticipated and we're finally there." The clock now has a battery back-up so it will no longer be affected by power cuts or the winding mechanism slowing down, Mr Storey added. "Hopefully people will be relieved it's working again." Listen to highlights from Lincolnshire on BBC Sounds, watch the latest episode of Look North or tell us about a story you think we should be covering here. Why time is standing still for 136-year-old clock What is the point of a clock tower? Ding-dong over clocktower chime that is 'too loud' City of Lincoln Council
Business Insider
3 days ago
- Business
- Business Insider
Wilsons Sticks to Their Buy Rating for EBR Systems, Inc. Shs Chess Depository Interests Repr 1 Sh (EBR)
Wilsons analyst Shane Storey maintained a Buy rating on EBR Systems, Inc. Shs Chess Depository Interests Repr 1 Sh (EBR – Research Report) yesterday and set a price target of A$3.00. The company's shares opened today at A$1.09. Confident Investing Starts Here: Storey covers the Healthcare sector, focusing on stocks such as Telix Pharmaceuticals, Monash IVF Group Ltd, and EBR Systems, Inc. Shs Chess Depository Interests Repr 1 Sh. According to TipRanks, Storey has an average return of 7.5% and a 50.62% success rate on recommended stocks. EBR Systems, Inc. Shs Chess Depository Interests Repr 1 Sh has an analyst consensus of Strong Buy, with a price target consensus of A$2.80, implying a 156.88% upside from current levels. In a report released on May 25, Bell Potter also maintained a Buy rating on the stock with a A$2.25 price target. The company has a one-year high of A$2.08 and a one-year low of A$0.82. Currently, EBR Systems, Inc. Shs Chess Depository Interests Repr 1 Sh has an average volume of 1.08M.
Yahoo
6 days ago
- General
- Yahoo
Dyess We Care Team seeks help after military family finds home in ruins
ABILENE, Texas () – The Dyess We Care Team is asking for assistance after a family deployed to Dyess discovered their newly bought home was full of mold, mildew and flood damage. Mother's Day gift: Dyess Airmen renovate an Abilene's mother home The family bought the house sight unseen after receiving orders to serve at Dyess. Upon arrival in early May, they were welcomed to their new home with mold and mildew covering the baseboards. After treating the house, the couple lives upstairs away from the damaged area but is forced to shower outside without a bathroom to use. Gordon Storey, with the Dyess We Care Team, said that because they are not affiliated with the Department of Defense, they are relying on the community's help. 'It does not happen a lot. I'm afraid this is the first time in 25 years of the Dyess We Care Team that we've had a family run into this particular situation. We're at the point that we can't help because we're not licensed, we're not contractors at all,' Storey said. Dyess We Care Team transforms Youth Voice nonprofit building The group is asking for any professional help or materials to help fix the damage. To learn more about how to help, or contact them at thedyesswecareteam@ Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Herald Sun
21-05-2025
- Business
- Herald Sun
Melbourne CBD skyscraper sells out studios as buyers rush into $1bn Atlas tower
A Melbourne supertower is just months away from commencing construction, despite similar projects running into difficulties amid a building crisis. A new 72-storey, $1bn residential tower at 383 La Trobe St, Melbourne, dubbed Atlas is capturing buyer attention with more than half its 852 apartments now sold as it proves supertowers still have a place in the city's skyline. It comes as plans for what was to be Australia's tallest building, the STH BNK by Beulah development, faces an uncertain future after cost blowouts and planning delays led to the once-hyped tower stalling — and its project manager being placed in administration in February. RELATED: Ex-AFL boss boots $16.5m Toorak home Major problem with 'anaemic' Vic budget Bec and Chris Judd sell Arthurs Seat getaway Colliers residential director Tim Storey said the project's success was down to a mix of smart planning, bold timing, and a keen understanding of who Melbourne's inner-city buyer really is. 'Atlas has really resonated with the market. It's the first supertower to launch in the CBD in about five years and that's created a lot of pent-up demand,' Mr Storey said. 'We've seen other buildings sell in recent years, but nothing of this scale or freshness. 'Buyers especially younger international buyers in their late 20s want that city lifestyle, they want quality, and they want a product that feels like it belongs.' In contrast, the once-lauded Beulah tower, planned to reach 366-metres and become the country's tallest building, has been beset by financial and delivery challenges. The collapse of its development manager earlier this year left creditors tens of millions out of pocket and raised doubts about the project's future. Mr Storey said Atlas had avoided the pitfalls by sticking to scale, offering variety, from affordable garden residences to premium sky crown apartments, and locking in its development permit back in 2017, before CBD height limits changed. 'Without that permit, this building couldn't have happened today,' he said. 'There's definitely a prestige element to supertowers, people love the height, the views, the lifestyle, but it has to be backed by the right offering.' The Colliers residential director said Melbourne's city apartment market had matured. 'The average age of a CBD resident is 28. Most live in households of under two people, and over 90 per cent are born overseas,' Mr Storey said. 'That's who we designed for. Not just affordability, but lifestyle and status. 'The studios apartments were a big part of that they were gone in a flash.' Atlas sits at the northern end of the CBD, near Flagstaff Station, the Queen Victoria Market and walking distance to top universities and the new Metro Tunnel station. Mr Storey said that location with its 'unbeatable lifestyle' and park proximity had given Atlas a distinct edge over more hemmed-in sites across the city grid. 'It's buzzing, And after Covid, the northern CBD has come back strong,' he said. 'Retail's bouncing back, there's energy again, and weekends in the city are packed. 'The confidence is returning, and Atlas is a green shoot.' Construction is set to begin in the third quarter of 2025, with completion due in 2029. Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox. MORE: Real reason Marvel star quit US Why this Camberwell mansion cracked $4.2m Collingwood legend Alan Didak's luxury pad fails to sell
Scoop
21-05-2025
- Business
- Scoop
Budget Set For 2025/26, Rates Increase Less Than Proposed
Press Release – Waikato Regional Council Waikato regional councillors have set the budget for 2025/26, landing on a 5.7 per cent increase in rates revenue which is lower than proposed in the draft annual plan. Following almost five hours of deliberations on Tuesday (20 May), councillors agreed an increase in rates revenue from current ratepayers of $152.584 million or 5.7 per cent – less than the 5.9 per cent proposed for consultation, and significantly lower than the 8.6 per cent signalled 12 months ago through the 2024-2034 Long Term Plan. 'Staff and councillors have worked hard together to deliver a fiscally responsible budget,' said Waikato Regional Council Chair, Pamela Storey. Consultation was open from 1 to 30 April 2025, with feedback being sought on two key proposals: public transport rating and a river and catchment funding model for Wharekawa Coast. The council also sought views on changes to fees and charges and a new rate remission policy. Hearings were held in Paeroa and Hamilton on Monday (19 May), with 10 of the 143 individuals and groups who made a submission on the draft annual plan providing in person feedback. 'We appreciate the time taken by submitters to share their views and have balanced what we heard against the needs of our communities,' Chair Storey said. On the topic of regional rating for public transport, councillors agreed to stick with capital value for Hamilton ratepayers and introduce a flat per property rate in four categories across the rest of the Waikato. For the Wharekawa Coast, on the Firth of Thames, funding was confirmed through a mix of targeted and general rates, with a differential between rates charged to direct and indirect beneficiaries. Additional funding of $240,000 was committed for expert work on a business case and implementation plan for Te Huia – the passenger rail service between Waikato and Auckland. Councillors heard the work was critical to providing the NZ Transport Agency Waka Kotahi Board with the best information on which to decide the future of Te Huia beyond the end of the trial in 2026. Councillors were evenly split on whether to use a prior year surplus of $2.545 million to reduce rates for 2025/26, or to hold it to be available for one-off costs that arise due to rapid changes in the council's operating environment. Operating surpluses arise from differences between budgeted and actual revenue and expenditure. This may be due to operational savings or through changes in the operating environment, such as the rapid changes to the Official Cash Rate (OCR) seen over the last two financial years. Two submissions on this matter said they wanted the council to hold onto the surplus. Staff told councillors rates for 2025/26 would drop to 4 per cent if the surplus was used to reduce rates. At a property level, returning the surplus would see a reduction in the general rate of $1.09 per $100,000 capital value. For a $1 million property, that would equate to $10.90 off the annual rates bill. There would also be consequences in the following year, staff said, with the rates increase projected in the long term plan going from 4.2 per cent to 5.9 per cent. 'Giving back the surplus now would create a gap in our finances for future years and force bigger rates increases later on. It would also leave us less prepared for unexpected events, like a major cyclone or a biosecurity threat like we've seen with Caulerpa and freshwater clams,' Chair Storey said. On the casting vote of the chair, the motion to return the surplus to ratepayers was lost.
