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Covid-19: Hiscox considers equity raise

Provider states it is "evaluating possible sources of capital" to respond to the pandemic.




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Quizzical questions: 11 October 2019

Test your knowledge of the week's news with our topical quiz.




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Government calls on Amanda Blanc to lead flood inquiry

Blanc will head up a review following the Doncaster 2019 flooding to learn why victims did not have the right cover.




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Covid-19: FCA calls on insurers to pay valid claims quickly

Regulator tells firms who refuse to pay out to explain why and how they believe it represents a fair outcome for customers.




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Insurance Covid-Cast episode seven: Empathetic, sympathetic and offering strategic guidance – how brokers are managing clients in lockdown

In the latest episode of Insurance Post and Insurance Age’s new series of video casts brought to you while our journalists are in isolation lockdown we discuss how brokers maintain their ‘trusted adviser’ status during these difficult time.




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Cyber guide launched by Society of Insurance Broking

The document has been developed to help brokers recommend the right cyber cover for their clients.




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Uinsure adds UK General to panel

The provider also works with LV, Axa, Ageas and RSA.




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Beazley launches suite of D&O products

Offering is available for non-US domiciled firms and offers limits of $25m (£19m).




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aQmen refreshes recruitment product

Cyber liability has been added to the cover alongside a number of additional features.




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Uinsure expands into non-standard home insurance

The InsurTech firm now provides quotes for categories including holiday homes, non-standard construction, listed buildings and homes subjected to previous subsidence and flooding.




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Uinsure adds Zurich to its panel of insurers

The provider also works with Axa, Ageas, LV Broker, RSA and UK General.




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CBSSG Guidance for bus operators in England

CPT has updated its COVID19 Bus Services Support Grantnbsp;Guidance for bus operators in Englandnbsp;and the revised version can be accessed from the link below.nbsp;




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The 10 Best Fruits and Vegetables to Grow in Your Garden

If you’re just starting out growing your own fruit and vegetables, congratulations - you’ve made the right decision. Growing your own food is significantly more environmentally friendly than purchasing it. There’s also simply no substitute for sitting down to a home-cooked meal consisting entirely of ingredients you’ve grew yourself.



  • Garden / Landscaping / Patio

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Shopping Home Equity Loan Rates

If you have been in your home for a number of years and you have established some equity, you may be considering liquidating some of that equity. A great way to do this would be to go with a Home Equity Loan.




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Refinancing with Home Equity Loans

If you have lived in your home for a reasonable amount of time, you may be considering refinancing.




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Home Equity Credit Lines Provide Quick Access to Cash

Home Equity Credit Lines provide quick access to cash in times of need.




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Top Ten FREE Traction Building Ideas for a New Web Site

Want to Get Visitors to your Website? Here are Ten FREE Traction building Ideas we are trying and are getting great results from, that you can try for your website.




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How to Build a PC

Do you know what could beat the exciting feeling of having a new computer? Make your own PC!




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Guide to Buying Hard Drives

How to shop for an internal or external drive like a pro.




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Guide to Buying a Webcam

Before you make a choice about any webcam equipment, it helps to decide exactly how you want to use the technology.




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Buying Guide to Graphics Cards

The graphics card is a vital performance component of your computer, particularly if you play 3D games, or work with graphics and video content.




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A Purchase Guide to Budget Notebooks

This article explains about budget notebooks, its configurations and main features, as a viable mobile solution for one's computer related tasks. Several manufacturer models are compared for better understanding.




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How To Select The Notebook That Meets Your Requirements?

This article explains about notebooks and its many different models. Also it guides the buyer thru steps that might be helpful in making a good purchase.




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Ventia’s proposed acquisition of Broadspectrum not opposed

23 April 2020

The ACCC has announced that it will not oppose Ventia’s proposed acquisition of Broadspectrum. Ventia is a 50/50 partnership between CIMIC Group Limited (ASX:CIM) and funds management firm Apollo Global Management, LLC.

Ventia and Broadspectrum are both providers of infrastructure services. The ACCC’s review focused on three types of infrastructure services: design and construction, operation and maintenance and facilities management.

The companies provide services to a wide range of industries, including industries that provide critical services to consumers such as electricity, telecommunications and water.

“We looked at this proposed acquisition closely to ensure strong competition remains in the supply of infrastructure services to industries with a direct impact on consumer prices,” ACCC Commissioner Stephen Ridgeway said.

“We contacted many customers of infrastructure services, and received consistent feedback that there is sufficient competition from alternative suppliers and that companies will continue to have a variety of options when contracting for infrastructure services.”

“Ventia and Broadspectrum generally offer differentiated services with minimal overlap in a number of industries including defence, justice, education, social housing, oil and gas, environmental consulting and real estate,” Mr Ridgeway said.

We are conscious of the impact of the COVID-19 pandemic on many businesses and transactions and, where possible, we will expedite reviews as we have done in this review.

Further information is available at Ventia Services Group Pty Ltd - Ferrovial Services Australia Pty Ltd (Broadspectrum).

Background

Ventia is a 50/50 partnership between CIMIC Group Limited and funds management firm Apollo Global Management, LLC. Ventia provides infrastructure services throughout a range of industries, including social infrastructure, transport and utilities. Ventia also supplies services for telecommunication infrastructure assets through its Visionstream subsidiary.

Broadspectrum provides infrastructure services across a range of industries, including defence, urban and social infrastructure, natural resources, transport, telecommunications and real estate. It also provides integrated property and facilities management services to 37 different Australian Government entities, including the ACCC.

Broadspectrum operates in its own name and through its subsidiary brands, including APP Corporation and Easternwell Group.

Design and construction services involve the planning, design and construction of capital assets. These services are inputs into the overall project delivery method used to take the project design from conception to construction, and handover to the customer.

Operation and maintenance services relate to existing infrastructure and include a combination of ongoing asset maintenance and repair, operational support and asset replacement.

Facilities management services relate to the maintenance of physical assets and their support processes.

Release number: 
78/20
ACCC Infocentre: 

Use this form to make a general enquiry.

Media enquiries: 
Media team - 1300 138 917
Audience
Topics




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ACCC authorises Gumtree’s acquisition of Carsguide and Autotrader

30 April 2020

The ACCC has granted unconditional merger authorisation to Gumtree’s proposed acquisition of Cox Australia Media Solutions (Cox Media), allowing Gumtree Cars to be combined with Cox Media’s Carsguide and Autotrader sites.

“We authorised this merger because we concluded it was not likely to lead to a substantial lessening of competition, including in the supply of online automotive classifieds in Australia. Therefore it was not necessary to consider the public benefit limb of the authorisation test,” ACCC Chair Rod Sims said.

Carsales is the leading provider of online automotive classified advertising in Australia and is a significant competitive constraint on Gumtree and Cox Media. Facebook Marketplace is also a growing competitor to Gumtree and Cox Media in the supply of online automotive classifieds services.

“Our investigation showed that Carsales and Facebook Marketplace are likely to continue to provide significant competition in online automotive classifieds after Gumtree acquires Cox Media,” Mr Sims said.

“We also found that Gumtree and Cox Media focus on different segments, with Gumtree focussing on private seller listings and Cox Media focussing on dealer listings.”

The ACCC also investigated the impact of the acquisition on the supply of online display advertising on digital automotive content providers.

The ACCC was satisfied that the acquisition is unlikely to result in a reduction of competition for supplying online display advertising to advertisers wishing to target potential car buyers.

“Many advertisers use third parties to place targeted advertisements to individual consumers based on browsing history data on a wide range of websites. Further, we found there are a range of other digital automotive content providers where direct advertisers could place automotive-related advertising, including Drive, Carsales, GoAuto and digital versions of automotive print publications,” Mr Sims said.

The ACCC’s determination is available at Gumtree AU Pty Ltd proposed acquisition of Cox Australia Media Solutions Pty Ltd.

Background

Gumtree’s application is the second merger authorisation application following reforms in 2017 to the merger authorisation process, which reinstated the ACCC’s ability to consider applications for merger authorisation. Previously authorisation applications were made directly to the Australian Competition Tribunal.

Merger authorisation provides an alternative avenue for merger clearance to the informal merger review process, which is the most commonly used avenue used by merger parties. The authorisation process is public. If merger authorisation is granted, merger parties are exempt from the merger laws.

The ACCC may grant authorisation for a proposed merger if it is satisfied the merger is not likely to substantially lessen competition, or where the likely public benefits outweigh the likely public detriments.

Gumtree sought merger authorisation for its proposed acquisition of Cox Media. Gumtree (through Gumtree Cars) and Cox Media (through Carsguide/Autotrader) both offer online automotive classified advertising to private and dealer sellers in Australia. Gumtree and Cox both sell third parties display advertising space on their websites and mobile applications.

Gumtree is a subsidiary of eBay Classifieds Holding BV, whose ultimate parent company is eBay Inc. eBay operates a multi-category general classifieds website in Australia.

Cox Media is a subsidiary of Cox Automotive, which is 70 per cent owned by Cox Automotive International Sarl and 30 per cent owned by DealerMotive Ltd, a consortium of Australian dealer groups. Carsguide and Autotrader provide automotive editorial content and automotive classifieds.

Release number: 
85/20
ACCC Infocentre: 

Use this form to make a general enquiry.

Media enquiries: 
Media team - 1300 138 917
Audience
Topics




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Flying Stars Fengshui for 2006 : Yearly Predictions & Remedies for Main Door facing South West

If the Main Door of your flat/office/building faces South West, then read on to find out how you will fare in 2006 in your Career/Business, Health, Wealth, Relationships, Harmony and Love.




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Annual Forecasts & Fengshui Remedies for 2006: Year of the Yang Red Fire Dog - for Rat Sign

If you were born in the Year of Rat or Mouse (1912, 1924, 1936, 1948, 1960, 1972, 1984, 1996) as per Chinese Astrology, know how you will fare in 2006 in your Career/Business, Health, Wealth, Harmony and Love. Be aware of your strengths and be warned of the negative energy that you may have to face, to plan your strategies well ahead. Get to know the Fengshui Enhancers and Cures that can help you, too.




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Annual Forecasts & Fengshui Remedies for 2006 : Year of the Yang Red Fire Dog - for Ox Sign

If you were born in the Year of Ox or Buffalo or Bull or Cow (1913, 1925, 1937, 1949, 1961, 1973, 1985, 1997) as per Chinese Astrology, know how you will fare in 2006 in your Career/Business, Health, Wealth, Harmony and Love. Be aware of your strengths and be warned of the negative energy that you may have to face, to plan your strategies well ahead. Get to know the Fengshui Enhancers and Cures that can help you, too.




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Annual Forecasts & Fengshui Remedies for 2006 : Year of the Yang Red Fire Dog - for Tiger Sign

If you were born in the Year of Tiger (1914, 1926, 1938, 1950, 1962, 1974, 1986, 1998) as per Chinese Astrology, know how you will fare in 2006 in your Career/Business, Health, Wealth, Harmony and Love. Be aware of your strengths and be warned of the negative energy that you may have to face, to plan your strategies well ahead. Get to know the Fengshui Enhancers and Cures that can help you, too.




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Annual Forecasts & Fengshui Remedies for 2006 : Year of the Yang Red Fire Dog - for Rabbit Sign

If you were born in the Year of Rabbit or Hare or Cat (1915, 1927, 1939, 1951, 1963,1975, 1987, 1999) as per Chinese Astrology, know how you will fare in 2006 in your Career/Business, Health, Wealth, Harmony and Love. Be aware of your strengths and be warned of the negative energy that you may have to face, to plan your strategies well ahead. Get to know the Fengshui Enhancers and Cures that can help you, too.




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Annual Forecasts & Fengshui Remedies for 2006 : Year of the Yang Red Fire Dog - for Dragon Sign

If you were born in the Year of Dragon (1904, 1916, 1928, 1940, 1952, 1964, 1976, 1988, 2000) as per Chinese Astrology, know how you will fare in 2006 in your Career/Business, Health, Wealth, Harmony and Love. Be aware of your strengths and be warned of the negative energy that you may have to face, to plan your strategies well ahead. Get to know the Fengshui Enhancers and Cures that can help you, too.




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Annual Forecasts & Fengshui Remedies for 2006 : Year of the Yang Red Fire Dog - for Snake Sign

If you were born in the Year of Snake (1905, 1917, 1929, 1941, 1953, 1965, 1977, 1989, 2001) as per Chinese Astrology, know how you will fare in 2006 in your Career/Business, Health, Wealth, Harmony and Love. Be aware of your strengths and be warned of the negative energy that you may have to face, to plan your strategies well ahead. Get to know the Fengshui Enhancers and Cures that can help you, too.




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Annual Forecasts & Fengshui Remedies for 2006 : Year of the Yang Red Fire Dog - for Horse Sign

If you were born in the Year of Horse (1906, 1918, 1930, 1942, 1954, 1966, 1978, 1990, 2002) as per Chinese Astrology, know how you will fare in 2006 in your Career/Business, Health, Wealth, Harmony and Love. Be aware of your strengths and be warned of the negative energy that you may have to face, to plan your strategies well ahead. Get to know the Fengshui Enhancers and Cures that can help you, too.




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Annual Forecasts & Fengshui Remedies for 2006 : Year of the Yang Red Fire Dog - for Goat Sign

If you were born in the Year of Goat or Sheep or Ram (1907, 1919, 1931, 1943, 1955, 1967, 1979, 1991, 2003) as per Chinese Astrology, know how you will fare in 2006 in your Career/Business, Health, Wealth, Harmony and Love. Be aware of your strengths and be warned of the negative energy that you may have to face, to plan your strategies well ahead. Get to know the Fengshui Enhancers and Cures that can help you, too.




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Annual Forecasts & Fengshui Remedies for 2006 : Year of the Yang Red Fire Dog - for Monkey Sign

If you were born in the Year of Monkey (1908, 1920, 1932, 1944, 1956, 1968, 1980, 1992, 2004) as per Chinese Astrology, know how you will fare in 2006 in your Career/Business, Health, Wealth, Harmony and Love. Be aware of your strengths andbe warned of the negative energy that you may have to face, to plan your strategies well ahead. Get to know the Fengshui Enhancers and Cures that can help you, too.




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Annual Forecasts & Fengshui Remedies for 2006 : Year of the Yang Red Fire Dog - for Rooster Sign

If you were born in the Year of Rooster or Hen or Cock or Chicken or Phoenix (1909, 1921, 1933, 1945, 1957, 1969, 1981, 1993, 2005) as per Chinese Astrology, know how you will fare in 2006 in your Career/Business, Health, Wealth, Harmony and Love. Be aware of your strengths and be warned of the negative energy that you may have to face, to plan your strategies well ahead. Get to know the Fengshui Enhancers and Cures that can help you, too.




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Annual Forecasts & Fengshui Remedies for 2006 : Year of the Yang Red Fire Dog - for Dog Sign

If you were born in the Year of Dog (1910, 1922, 1934, 1946, 1958, 1970, 1982, 1994, 2006) as per Chinese Astrology, know how you will fare in 2006 in your Career/Business, Health, Wealth, Harmony and Love. Be aware of your strengths and be warned of the negative energy that you may have to face, to plan your strategies well ahead. Get to know the Fengshui Enhancers and Cures that can help you, too.




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Annual Forecasts & Fengshui Remedies for 2006 : Year of the Yang Red Fire Dog - for Pig Sign

If you were born in the Year of Pig or Boar or Hog (1911, 1923, 1935, 1947, 1959, 1971, 1983, 1995) as per Chinese Astrology, know how you will fare in 2006 in your Career/Business, Health, Wealth, Harmony and Love. Be aware of your strengths and be warned of the negative energy that you may have to face, to plan your strategies well ahead. Get to know the Fengshui Enhancers and Cures that can help you, too.




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Flying Stars Fengshui for 2006 : Yearly Predictions & Remedies for Main Door facing North

If the Main Door of your flat/office/building faces North, then read on to find out how you will fare in 2006 in your Career/Business, Health, Wealth, Relationships, Harmony and Love. Be aware of your strengths and be warned of the negative energy that you may have to face, to plan your strategies well ahead. Also advice regarding directions to be avoided for renovation, reconstruction, redecoration, etc. in 2006. Get to know the Fengshui Enhancers and Cures that can help you, too.




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Flying Stars Fengshui for 2006: Yearly Predictions & Remedies for Main Door facing South

If the Main Door of your flat/office/building faces South, then read on to find out how you will fare in 2006 in your Career/Business, Health, Wealth, Relationships, Harmony and Love. Be aware of your strengths and be warned of the negative energy that you may have to face, to plan your strategies well ahead. Also advice regarding directions to be avoided for renovation, reconstruction, redecoration, etc. in 2006. Get to know the Fengshui Enhancers and Cures that can help you, too.




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Flying Stars Fengshui for 2006: Yearly Predictions & Remedies for Main Door facing East

If the Main Door of your flat/office/building faces East, then read on to find out how you will fare in 2006 in your Career/Business, Health, Wealth, Relationships, Harmony and Love. Be aware of your strengths and be warned of the negative energy that you may have to face, to plan your strategies well ahead. Also advice regarding directions to be avoided for renovation, reconstruction, redecoration, etc. in 2006. Get to know the Fengshui Enhancers and Cures that can help you, too.




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Flying Stars Fengshui for 2006: Yearly Predictions & Remedies for Main Door Facing West

If the Main Door of your flat/office/building faces West, then read on to find out how you will fare in 2006 in your Career/Business, Health, Wealth, Relationships, Harmony and Love. Be aware of your strengths and be warned of the negative energy that you may have to face, to plan your strategies well ahead. Also advice regarding directions to be avoided for renovation, reconstruction, redecoration, etc. in 2006. Get to know the Fengshui Enhancers and Cures that can help you, too.




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Flying Stars Fengshui for 2006 : Yearly Predictions & Remedies for Main Door Facing North East

If the Main Door of your flat/office/building faces North East, then read on to find out how you will fare in 2006 in your Career/Business, Health, Wealth, Relationships, Harmony and Love. Be aware of your strengths and be warned of the negative energy that you may have to face, to plan your strategies well ahead. Also advice regarding directions to be avoided for renovation, reconstruction, redecoration, etc. in 2006. Get to know the Fengshui Enhancers and Cures that can help you, too.




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Flying Stars Fengshui for 2006 : Yearly Predictions & Remedies for Main Door Facing North West

If the Main Door of your flat/office/building faces North West, then read on to find out how you will fare in 2006 in your Career/Business, Health, Wealth, Relationships, Harmony and Love. Be aware of your strengths and be warned of the negative energy that you may have to face, to plan your strategies well ahead. Also advice regarding directions to be avoided for renovation, reconstruction, redecoration, etc. in 2006. Get to know the Fengshui Enhancers and Cures that can help you, too.




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Flying Stars Fengshui for 2006 : Yearly Predictions & Remedies for Main Door facing South East

If the Main Door of your flat/office/building faces South East, then read on to find out how you will fare in 2006 in your Career/Business, Health, Wealth, Relationships, Harmony and Love. Be aware of your strengths and be warned of the negative energy that you may have to face, to plan your strategies well ahead. Also advice regarding directions to be avoided for renovation, reconstruction, redecoration, etc. in 2006. Get to know the Fengshui Enhancers and Cures that can help you, too.




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Annuity Quotes

Choose an annuity quote that comes from the right source. Ensure that your agent is licensed, knowledgeable, reputable and experienced. It is always best to go for an agent that comes as a recommended source.




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Advergames Build A Unique Brand Experience With Consumers

Today's hard-to-reach consumers are turning from traditional media to new forms of electronic entertainment, making them more difficult to reach through classic advertising mediums. One way to address this is through advergames.




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Green Building and Home Improvement

When building a new home, adding on an extension or even just a simple remodel within your home, you should always consider your local environment to maximize the efficiency of every aspect of your project.




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Buyers Guide to Home Theater Projectors

An excellent article with information and advice on shopping for a new projector for your home theater.




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Bathroom Sink Buying Guide

Bathroom sinks may not be as obvious as their kitchen counterparts, but that does not make them any less important. In fact, it can be argued that bathroom sinks play a more vital role than the kitchen sink. This is why upgrading or installing a new bathroom sink is one of the best home improvements you can do in your bathroom.