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World's most expensive house up for sale

<p>A French chateau, once owned by a member of the Rothschild family and, later on, the King of Morocco, has gone up for sale with a £363 million (AU$699) price tag. </p> <p>Chateau d’Armainvilliers located at Seine-et-Marne, 48km east of the Eiffel Tower, is the world's most expensive home. </p> <p>Built upon the foundations of a 12th century castle, the sprawling mansion boasts 1,000 hectares of land, 100 rooms across 2,500 square metres of living space, a private lake, and plenty of sequoia trees - the largest trees in the world. </p> <p>Ignace Meuwissen, a self-acclaimed "real estate advisor to the global elite" described the property as a display of "opulence and grandeur".</p> <p>"It is the most expensive castle in France and perhaps in the world. The price of €425million is justified by the property itself but also by the 1,000 hectare land which offers numerous possibilities," he told Paris Match magazine. </p> <p>"An investor could build thousands of apartments there if he wanted."</p> <p>The chateau was first bought by the Rothschild banking empird in the late 19th century, before King Hassan II of Morocco bought it in the 1980s. </p> <p>He then made the chateau more fit for a king, adding a hammam spa, a beauty and hairdressing salon, and a fully-equipped medical and dental facility.</p> <p>The Moroccan King  also added a basement level, which has a network of tunnels, kitchens, cold rooms, storage spaces and staff quarters.</p> <p>The lucky owner will also find Moroccan mosaics and wall tiles decorating the home, and for any avid equestrians, the home also has a stable big enough for 50 horses. </p> <p>However, some luxury property agents have expressed their doubts on whether the property would sell with its nine-figure sum, with one saying it was an "unrealistic" price tag. </p> <p>"It doesn’t make sense, it’s absurd Properties of this type could sell for 20-25 million, or even 30 million if we really fall in love with them. I’m not even sure that Vaux-le-Vicomte (a Baroque French château), which has no marketing plans, would sell at this price," one agent told French real estate publication <em>Le Figaro Immobilier</em>.</p> <p>Others were unsure whether the changes made by the King in the 1980s would suit modern tastes. </p> <p><em>Images: Whisper Auctions</em></p>

Real Estate

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Why is gluten-free bread so expensive? A food supply chain expert explains

<p><em><a href="https://theconversation.com/profiles/flavio-macau-998456">Flavio Macau</a>, <a href="https://theconversation.com/institutions/edith-cowan-university-720">Edith Cowan University</a></em></p> <p>Before the cost of living hit Australian families hard, a group of consumers were already paying top dollar for their staples. Whether it be gluten free, dairy free or lactose free, people with special dietary requirements are used to spending more at the supermarket checkout.</p> <p>A 2016 study from the University of Wollongong found that Australians were <a href="https://onlinelibrary.wiley.com/doi/10.1111/1747-0080.12171">paying up to 17% more for a gluten-free diet</a>.</p> <p>Current examples are easy to find. A <a href="https://www.coles.com.au/product/coles-white-bread-650g-4901345">white sandwich loaf at Coles</a> costs A$2.40 (or A$0.37 per 100g), whereas <a href="https://www.coles.com.au/product/coles-i'm-free-from-white-loaf-500g-3216673">the cheapest gluten-free option</a> costs $5.70 (or $1.14 per 100g). That’s over three times as much. Prices are closer comparing Coles Full Cream Milk at A$1.50 per litre with Coles Lactose Free Lite Milk at A$1.60, the exception that confirms the rule.</p> <p>So why are allergen-free products more expensive?</p> <h2>Is it the ingredients?</h2> <p>If manufacturers pay more for ingredients, this is usually reflected in the price of the final product. Regular and gluten-free bread share many common ingredients, but there is a substantial change where wheat flour is replaced by gluten-free flour. This ingredient may cost manufacturers around two times as much given the uniqueness of gluten-free grains, seeds, and nuts. These special ingredients are not as abundant or easy to process as wheat, and are also a bit more difficult to buy in very large scale.</p> <p>For a simple reference, compare <a href="https://www.coles.com.au/product/coles-white-plain-flour-1kg-5881232">regular</a> and <a href="https://www.coles.com.au/product/coles-i'm-free-from-plain-flour-gluten-free-500g-2478197">gluten-free flour</a> at Coles.</p> <p>Gluten, <a href="https://onlinelibrary.wiley.com/doi/full/10.1111/jgh.13703">a complex mixture of hundreds of related but distinct proteins</a>, has unique properties. It is a binding agent that improves texture in recipes. Gluten-free bread therefore needs extra help to, literally, hold it together. Additional items such as thickeners, tapioca and maize starches are added to gluten-free recipes to improve viscosity and keep baked items in shape. That means a longer ingredient list and a slightly more complex manufacturing process.</p> <p>So, from an ingredient perspective, gluten-free bread costs more than regular bread. This applies for other allergen-free products as well. But with so many common ingredients, it is reasonable to say that this is not the main explanation.</p> <h2>Is it manufacturing and transporting?</h2> <p>A substantial part of price differences between regular and allergen-free foods comes from <a href="https://www.investopedia.com/terms/e/economiesofscale.asp">economies of scale</a>. Regular products are manufactured in very large quantities, while allergen-free products involve much smaller volumes.</p> <p>Bulk buying from large suppliers gets you bigger discounts. The more machines in a factory, the cheaper it is to run them. Larger outputs coming from the same place mean smaller costs for each individual product. Given that you have fixed costs to pay anyway, size is king.</p> <p>You pay the same amount for a grain mill regardless of whether you grind one kilo or one tonne of grains a day. Sure, you spend more on electricity or gas, but those are <a href="https://corporatefinanceinstitute.com/resources/accounting/fixed-and-variable-costs/">variable costs</a>.</p> <p>Then, there is the need for rigorous quality control. The United Nations Food and Agriculture Organization has a detailed <a href="https://www.fao.org/fao-who-codexalimentarius/sh-proxy/en/?lnk=1&amp;url=https%253A%252F%252Fworkspace.fao.org%252Fsites%252Fcodex%252FStandards%252FCXC%2B80-2020%252FCXC_080e.pdf">code of practice on food allergen management for food business operators</a>, covering harvesting, handling, storage, transportation, packaging, and more. The <a href="https://www.foodstandards.gov.au/food-standards-code">Australia New Zealand Food Standards Code</a> also sets specific standards.</p> <p>Deep cleaning machines, thoroughly checking that standards are met, and scrapping whole batches when they are not makes manufacturing allergen-free products more complex and expensive. The <a href="https://www.health.wa.gov.au/-/media/Files/Corporate/general-documents/food/PDF/DOHComplianceandEnforcementPolicyVersion3.pdf">implications for non-compliance</a> vary in severity, from a simple recall to a costly infringement notice, plus <a href="https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10574315/">reputational damage to consumer trust</a>.</p> <p>It is hard to exactly measure the impact of economies of scale and quality costs on the price of allergen-free products. Each manufacturer will have its own challenges and solutions. But it is reasonable to say a considerable chunk of the difference we see when comparing gluten-free bread with its regular counterpart comes from these factors.</p> <p>Transportation costs follow a similar rule. If it is easier and quicker to fill your trucks with regular products, while allergen-free products have a hard time making a full load, there are disadvantages in the latter.</p> <h2>Is it the marketing strategy?</h2> <p>The final consideration on allergen-free food prices has to do with competition and willingness to pay.</p> <p>A quick search on Coles’ website shows 276 results for “bread” once you remove the 42 items that are gluten-free. That means that there are many more brands and products competing for bread consumers than for gluten-free bread consumers. That’s over six to one! This means customers with dietary restrictions are at a disadvantage as they are beholden to the limited options on offer. As noted by the Australian Competition &amp; Consumer Commission, “<a href="https://www.accc.gov.au/business/competition-and-exemptions/competition-and-anti-competitive-behaviour">competition leads to lower prices and more choice for consumers</a>”.</p> <p>Also, fewer allergen-free products make it to the “own brand” list. Australians are <a href="https://www.news.com.au/finance/money/costs/coles-woolworths-ownbrand-products-booming-on-back-of-costofliving-crisis/news-story/d0be8b8d6e98c0a6477959cd83da17ad">relying more on these when facing the cost-of-living crisis</a>.</p> <p>There is also the <a href="https://online.hbs.edu/blog/post/willingness-to-pay">willingness to pay</a>, where consumers pay more for products deemed as having higher value. <a href="https://onlinelibrary.wiley.com/doi/full/10.1111/obr.13525">Research</a> shows that on average consumers are willing to pay 30% more for food products that they perceive to be healthier.</p> <p>Manufacturers and retailers more often than not will capitalise on that, increasing their profit margins for allergen-free products.</p> <h2>4 tips for saving money if you have allergies</h2> <p>People with dietary requirements looking to ease the cost of their weekly grocery shop should use the same strategies as every savvy consumer:</p> <ul> <li>research prices</li> <li>buy larger quantities where possible</li> <li>keep a keen eye on price reduction and items on sale</li> <li>consider replacing products tagged “allergen-free” with alternatives from other categories, such as going for rice instead of gluten-free pasta in a dish.</li> </ul> <p>In the long run, if more customers choose allergen-free products it could lead to more volume and competition, bringing prices down. <!-- Below is The Conversation's page counter tag. Please DO NOT REMOVE. --><img style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important;" src="https://counter.theconversation.com/content/223648/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" /><!-- End of code. If you don't see any code above, please get new code from the Advanced tab after you click the republish button. The page counter does not collect any personal data. More info: https://theconversation.com/republishing-guidelines --></p> <p><a href="https://theconversation.com/profiles/flavio-macau-998456"><em>Flavio Macau</em></a><em>, Associate Dean - School of Business and Law, <a href="https://theconversation.com/institutions/edith-cowan-university-720">Edith Cowan University</a></em></p> <p><em>Image credits: Getty Images </em></p> <p><em>This article is republished from <a href="https://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/why-is-gluten-free-bread-so-expensive-a-food-supply-chain-expert-explains-223648">original article</a>.</em></p>

Money & Banking

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Taking expensive medicines or ones unavailable in Australia? Importing may be the answer

<p><em><a href="https://theconversation.com/profiles/jacinta-l-johnson-1441348">Jacinta L. Johnson</a>, <a href="https://theconversation.com/institutions/university-of-south-australia-1180">University of South Australia</a> and <a href="https://theconversation.com/profiles/kirsten-staff-1494356">Kirsten Staff</a>, <a href="https://theconversation.com/institutions/university-of-south-australia-1180">University of South Australia</a></em></p> <p>The cost-of-living crisis may be driving some Australians to look for cheaper medicines, especially if those medicines are not subsidised or people don’t have a Medicare card. Options can include buying their medicines from overseas, in a process called “<a href="https://www.tga.gov.au/products/unapproved-therapeutic-goods/personal-importation-scheme">personal importation</a>”.</p> <p>Others also use this option to import medicine that is not available in Australia.</p> <p>Here’s what’s involved and what you need to know about the health and legal risks.</p> <h2>Cost-of-living crisis bites</h2> <p>Many Australians, particularly those with long-term illnesses, are finding it increasingly hard to afford health care.</p> <p>The <a href="https://www.abs.gov.au/statistics/health/health-services/patient-experiences/latest-release#barriers-to-health-service-use">Australian Bureau of Statistics</a> reports the proportion of people who delayed or did not see a GP due to cost doubled in 2022-23 (7%) compared with 2021-22 (3.5%).</p> <p>A <a href="https://australianhealthcareindex.com.au/wp-content/uploads/2022/11/Australian-Healthcare-Index-Report-Nov-22.pdf">survey</a> published in 2022 of over 11,000 people found more than one in five went without a prescription medicine due to the cost.</p> <p>For those with a Medicare card it’s usually best (and cheapest) to get medicines locally, especially if you also have a concession card. However, for some high-cost medicines, personal importation may be cheaper. That’s when an individual arranges for medicine to be sent to them directly from an overseas supplier.</p> <p>A 2023 study found <a href="https://www.publish.csiro.au/AH/AH23143?jid=AHv47n6&amp;xhtml=5AA1F839-38C8-45E8-A458-79DCDB7597FB">1.8%</a> of Australians aged 45 or older had imported prescription medicines in the past 12 months. That indicates potentially hundreds of thousands of Australians are importing prescription medicines each year.</p> <p>Almost half of the survey respondents indicated they would consider importing medicines to save money.</p> <h2>What’s involved?</h2> <p>Australia’s drug regulator, the Therapeutic Goods Administration (TGA), allows individuals to import up to three months’ supply of medicines for their own personal use (or use by a close family member) under the <a href="https://www.tga.gov.au/products/unapproved-therapeutic-goods/personal-importation-scheme">personal importation scheme</a>.</p> <p>This often involves ordering a medicine through an overseas website.</p> <p>If the medicine would require a prescription in Australia, you must also have a legally valid prescription to import it.</p> <p>Selling or supplying these medicines to others outside your immediate family is strictly prohibited.</p> <h2>How could this help?</h2> <p>For some high-cost medicines, personal importation may be cheaper than having the medicine dispensed in Australia. This is most likely for medicines not subsidised by the <a href="https://www.pbs.gov.au/info/about-the-pbs">Pharmaceutical Benefits Scheme</a> (the PBS). People who do not hold a Medicare card may also find it cheaper to import certain medicines as they do not have access to PBS-subsidised medicines.</p> <p>For example, for people with a specific type of leukaemia, treatment with sorafenib is not covered by the PBS. For these patients it could be up to about ten times more expensive to have their treatment dispensed in Australia as it is to import. That’s because there is a cheaper generic version available overseas.</p> <p>Personal importation may also allow you to access medicines that are available overseas but are not marketed in Australia.</p> <h2>What are the risks?</h2> <p>All medicines carry risks, and medicine sold online can pose additional dangers. The TGA does not regulate medicines sold overseas, so the safety and quality of such medicines can be uncertain; they may not be produced to <a href="https://www.tga.gov.au/what-tga-regulates">Australian standards</a>.</p> <p>While similar regulatory agencies exist in other countries, when ordering medicines from overseas websites it can be difficult to determine if the product you are buying has been assessed to ensure it is safe and will do what it says it will do.</p> <p>The medicines purchased could be counterfeit or “fake”. Products bought through unverified or overseas websites may have undisclosed ingredients, contain a dose that differs from that on the label, or lack the active ingredient entirely.</p> <p><a href="https://www.tga.gov.au/importing-therapeutic-goods">Not all medicines</a> can be legally imported through the personal importation scheme. Certain medicines are never allowed to be imported into Australia, and others can only be imported by a medical professional on behalf of a patient.</p> <p>So if you attempt to import a restricted medicine, the Australian Border Force <a href="https://www.abf.gov.au/entering-and-leaving-australia/can-you-bring-it-in/categories/medicines-and-substances">may seize it</a>. Not only would you lose your medicine, but you could also receive a fine or face <a href="https://www.tga.gov.au/news/blog/can-i-import-medicine-personal-use#:%7E:text=If%20you%20try%20to%20import,a%20fine%20or%20jail%20time.">jail time</a>.</p> <p>As with any purchase from an overseas business, there is also a risk you may lose your money and you might not be protected by Australian consumer laws.</p> <p>If you do choose to import medicines by buying them from an overseas website, you should also consider what could happen if delivery is delayed and you don’t get your medicine in time.</p> <h2>Where can I get more advice?</h2> <p>If you are thinking about importing medicines you should first discuss this with a health professional, such as your GP or pharmacist.</p> <p>They can help you determine if personal importation is permitted for the medicine you need. You can also discuss if this is the best option for you.</p> <p>If you are having difficulty covering the cost of your medicines your doctor or pharmacist can also explore other potential alternatives to ensure you are receiving the most cost-effective treatment available in Australia.</p> <h2>Where do I go online?</h2> <p>If you then decide to import, here are some reputable sites to help navigate the global online medicines market:</p> <ul> <li> <p><a href="https://everyone.org/">everyone.org</a> helps people everywhere in the world access the latest medicines not available in their own countries</p> </li> <li> <p><a href="https://buysaferx.pharmacy/">Alliance for Safe Online Pharmacies</a> is a not-for-profit organisation that collates information on how to find safe online pharmacies based in different regions of the world</p> </li> <li> <p><a href="https://www.pharmacychecker.com/accredited-online-pharmacies/">PharmacyChecker</a> has also collated a list of trusted online pharmacies that ship medicines internationally.</p> </li> </ul> <p>Australian government websites about importing medicines include those from <a href="https://www.tga.gov.au/news/blog/can-i-import-medicine-personal-use">the TGA</a> and on what to consider when buying medicines online from <a href="https://www.healthdirect.gov.au/buying-medicines-online#overseas">overseas</a>.<!-- Below is The Conversation's page counter tag. Please DO NOT REMOVE. --><img style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important;" src="https://counter.theconversation.com/content/219394/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" /><!-- End of code. If you don't see any code above, please get new code from the Advanced tab after you click the republish button. The page counter does not collect any personal data. More info: https://theconversation.com/republishing-guidelines --></p> <p><a href="https://theconversation.com/profiles/jacinta-l-johnson-1441348"><em>Jacinta L. Johnson</em></a><em>, Senior Lecturer in Pharmacy Practice, <a href="https://theconversation.com/institutions/university-of-south-australia-1180">University of South Australia</a> and <a href="https://theconversation.com/profiles/kirsten-staff-1494356">Kirsten Staff</a>, Senior Lecturer in Pharmacy, <a href="https://theconversation.com/institutions/university-of-south-australia-1180">University of South Australia</a></em></p> <p><em>Image credits: Getty Images </em></p> <p><em>This article is republished from <a href="https://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/taking-expensive-medicines-or-ones-unavailable-in-australia-importing-may-be-the-answer-219394">original article</a>.</em></p>

Caring

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Most expensive countries to retire in revealed

<p dir="ltr">Australia has become one of the most expensive countries in the world to spend your retirement, with experts sharing how much we need to retire comfortably. </p> <p dir="ltr">Australia is now regarded as the world's seventh most expensive place to retire, and is also a major target for scammers, given the country’s superannuation initiative. </p> <p dir="ltr">Swedish loan broking group Sambla calculated Australians need at least $640,911 to retire comfortably, with this hefty amount one of the biggest in the world. </p> <p dir="ltr">Australia's 4.1 per cent inflation rate is also higher than most of the rich world, which means a retiree would need $34,221 a year to survive, provided they aren't renting.</p> <p dir="ltr">Australia is also a target for scammers, having $3.6trillion in superannuation savings, or the fourth highest pool in the world.</p> <p dir="ltr">In comparison, Switzerland has been named the most expensive place in the world to retire, requiring $927,034 in retirement savings to grow old in the Alps, translating into annual costs of $46,632.</p> <p dir="ltr">Check out the entire top ten list of most expensive countries to retire below. </p> <p dir="ltr">10. France. $583,950 in retirement savings required</p> <p dir="ltr">9. Austria. $598,434 in retirement savings required</p> <p dir="ltr">8. Iceland. $607,558 in retirement savings required</p> <p dir="ltr">7. Australia. $640,911 in retirement savings required</p> <p dir="ltr">6. Canada. $665,752 in retirement savings required</p> <p dir="ltr">5. Liechtenstein. $772,984 in retirement savings required</p> <p dir="ltr">4. Singapore. $773,456 in retirement savings required</p> <p dir="ltr">3. Qatar. $791,029 in retirement savings required</p> <p dir="ltr">2. Monaco. $795,431 in retirement savings required</p> <p dir="ltr" role="presentation">1. Switzerland. $927,035 in retirement savings required</p> <p dir="ltr"><em>Image credits: Getty Images </em></p>

Retirement Life

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Australia’s most expensive number plate breaks record

<p dir="ltr">Australia’s most rare licence plate has broken records in the days before it is set to be auctioned off, with the single-digit number plate expected to sell for over $10 million. </p> <p dir="ltr">Heritage number plates are in high demand amongst collectors, with the first plates coming out of each state only branded with a single number. </p> <p dir="ltr">The first ever NSW heritage plate, which was first made for the state's first police commissioner, is being auctioned off for the first time in over a century, with the plate simply reading “1” attracting nation-wide attention. </p> <p dir="ltr">The plate was last year <a href="https://www.lloydsonline.com.au/LotDetails.aspx?smode=0&amp;aid=47033&amp;lid=4617672&amp;_ga=2.27604924.1274045232.1705885942-1957527670.1705885942">listed</a> on Lloyds Auctions, where bidding soared to over $10 million within the first 72 hours on the site. </p> <p dir="ltr">Lloyds described the plates as “the holy grail must-have for any blue-chip passion investor or the no. 1 gift for that person who has ‘everything’.”</p> <p dir="ltr">Lloyds Auctions chief operations officer Lee Hames called the plate a “unicorn” and said the public auction listing was “truly a once-in-a-lifetime opportunity”.</p> <p dir="ltr">“Generally, rare heritage plates such as these are usually passed down through generations within families,” Hames said.</p> <p dir="ltr">After being made for the police commissioner in 1910, the number 1 plate was then handed over to Sir Fredrick Stewart, the founding chairman of Australian National Airways, who held onto the plates until his death. </p> <p dir="ltr">The extraordinary value comes from the rarity of the plates, with only nine single digit number plates available in each state and territory.</p> <p dir="ltr">“These are as rare as hens’ teeth and the perfect addition to any rare classic or prestige vehicle,” Mr Hames continued.</p> <p dir="ltr">“In fact, you could potentially say that the number plate will be most likely worth MORE than the car you put it on.”</p> <p dir="ltr">At its current bidding levels, NSW 1 will be the most expensive number plate ever to sell in Australia.</p> <p dir="ltr" style="line-height: 1.38; margin-top: 0pt; margin-bottom: 18pt;"><em>Image credits: Lloyds Auctions</em><span id="docs-internal-guid-345c72a0-7fff-c7dd-0126-edd3a30b52a7"></span></p>

Money & Banking

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#GirlMaths: a seemingly innocent and fun way to justify expenses that can have serious financial consequences

<p><em><a href="https://theconversation.com/profiles/janneke-blijlevens-150258">Janneke Blijlevens</a>, <a href="https://theconversation.com/institutions/rmit-university-1063">RMIT University</a>; <a href="https://theconversation.com/profiles/angel-zhong-1204643">Angel Zhong</a>, <a href="https://theconversation.com/institutions/rmit-university-1063">RMIT University</a>, and <a href="https://theconversation.com/profiles/lauren-gurrieri-5402">Lauren Gurrieri</a>, <a href="https://theconversation.com/institutions/rmit-university-1063">RMIT University</a></em></p> <p>These shoes are perfect, made for me! I have to get them! But really, I should be paying off my car loan instead. I can’t justify this purchase. Or can I …?</p> <p>We all know this feeling, this tension between what you really want to do and what you really should, or shouldn’t, do. What you are experiencing is <a href="https://www.britannica.com/biography/Leon-Festinger/Cognitive-dissonance">cognitive dissonance</a>.</p> <p>It’s a psychological discomfort we feel when our behaviours and our values or beliefs do not match. Not to worry, we can make that discomfort simply disappear with a good dose of #GirlMaths!</p> <h2>So what is #GirlMaths?</h2> <p>GirlMaths recently became a viral phenomenon on TikTok after New Zealand FVHZM radio hosts Fletch, Vaughan and Hayley used #GirlMaths to justify one host’s mother’s expensive dress purchase as basically free because the dress was going to be worn at least four times.</p> <p><iframe id="tc-infographic-904" class="tc-infographic" style="border: none;" src="https://cdn.theconversation.com/infographics/904/f0b5e215a804bb450e609c397b96c7fcbf46172f/site/index.html" width="100%" height="400px" frameborder="0"></iframe></p> <p>Since then, influencers have added to the #GirlMaths trend with gems such as “If I buy it for $100, wear it, and then resell it for $80 then I basically wore it for free”, “If I pay with cash, it means it’s free”, and “If I just returned something, then purchase something new for the same amount of money, then it’s free”.</p> <p>The reason #GirlMaths resonates so well with everyone and allows it to go viral is that we are very familiar with this type of thinking. The mental gymnastics of #GirlMaths needed to justify cost-per-wear or cash-is-free is a perfect display of behavioural biases and heuristics, such as confirmation bias and denomination bias, being applied to everyday consumption decisions.</p> <h2>The psychology of decision-making</h2> <p>Behavioural biases and heuristics are shortcuts in our thinking that help us make decisions quicker and easier, and are great for reducing the cognitive dissonance we sometimes experience.</p> <p>Our brain has a lot of decisions to make in a day and simply doesn’t have the power to scrutinise every little detail of every <a href="https://theconversation.com/what-shall-we-have-for-dinner-choice-overload-is-a-real-problem-but-these-tips-will-make-your-life-easier-193317">decision</a>. These shortcuts in our thinking may facilitate the decision making process, but they don’t always mean we make the most optimal decisions.</p> <p>Confirmation bias is a bias where you justify your decisions by considering only the evidence that supports what you want and ignore the evidence that would mean you’d have to make a different decision. Cost-per-wear does sound quite financially savvy. It is just like bulk-buying pantry essentials, right?</p> <p>The issue is you are ignoring the facts such as: 1) your disposable income does not match this expense in light of your utility bills, 2) you could rewear a cheaper dress all the same, and 3) by spending money on a fancy dress, you lose the opportunity to spend the money on other better investments for wealth accumulation, or to pay off your car loan.</p> <h2>The financial and social costs</h2> <p>But it’s all a bit of innocent fun, right? Surely people won’t take #GirlMaths that seriously? We beg to differ.</p> <p>First, the term is unnecessarily gendered. Gendered language operates to reinforce societal expectations with a particular gender and can promote stereotypes, biases and binary categories.</p> <p>In this case, the term “girl maths” reinforces problematic stereotypes that equate women with consumption, frivolity and extravagant spending. When stereotypes are reinforced within our own social circles, we are more likely to <a href="https://journals.sagepub.com/doi/abs/10.1177/0146167299025007004?casa_token=dOhnQVtFwPsAAAAA:XSBdix5AB6bDfGjNgfbX9OIjstw4KE071GP0l60mAxvHJMaEwkyPERqHXf3z9PhctWJUl6h7TgTHg_U">internalise these as part of our identity</a>.</p> <p>By representing women in a less favourable way, the term operates to both demean and discriminate on a gendered basis. This is heightened by the use of “girl” as opposed to “woman”, which implies someone is childlike or lacking in knowledge or experience. It also begs the question what “boy maths” - set up as something opposing and different - might connote.</p> <p>Second, the #GirlMaths trend reminds us of the power of “<a href="https://theconversation.com/fintok-and-finfluencers-are-on-the-rise-3-tips-to-assess-if-their-advice-has-value-161406">finfluencers</a>” – social media content creators amassing huge online followings by sharing advice on anything from budgeting to buying a house, to investing.</p> <p>These online gurus appeal to Gen Z and millennials, simplifying complex financial concepts into digestible nuggets, much like #GirlMaths simplifies purchases based on cost-per-wear or cash-as-free.</p> <p>Just as regulators such as <a href="https://moneysmart.gov.au/other-ways-to-borrow/buy-now-pay-later-services">ASIC</a> repeatedly warn us of the dangers of buy-now-pay-later services, we must caution the #GirlMaths trend as a dangerous cocktail for young women who are susceptible to the “advice” of finfluencers.</p> <p>The trend resembles BNPL by breaking down expenses into smaller, more palatable portions, making purchases seem justifiable and affordable at the moment.</p> <p>Denomination bias describes this tendency to spend more money when it is denominated in small amounts rather than large amounts. We find it much easier to spend $50 four times than $200 all at once.</p> <p>However, the convenience of these shortcuts in our thinking can obscure the hidden financial risks. You may overlook the bigger picture of your financial health, and spend more than what you can afford. That’s why a large number of BNPL users find themselves ending up in a <a href="https://www.choice.com.au/money/credit-cards-and-loans/personal-loans/articles/bnpl-submission-to-treasury">modern debt trap</a>.</p> <h2>The perils of #GirlMaths</h2> <p>The danger of #GirlMaths to young women lies in the cocktail of feeling oddly familiar and reinforced in this biased thinking, the problematic stereotypes that shape identities, and the power of finfluencers, who wield increasing influence over the financial choices and decision-making of young women.</p> <p>While the term may initially come across as innocent fun, it’s crucial not to underestimate its potential harms. Instead, let’s champion the use of inclusive language in finance that doesn’t perpetuate gender biases.</p> <p>And if you’re a staunch supporter of #GirlMaths, we strongly urge you to take into account the possible adverse financial consequences of these quick-fix spending habits.<!-- Below is The Conversation's page counter tag. Please DO NOT REMOVE. --><img style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important;" src="https://counter.theconversation.com/content/211903/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" /><!-- End of code. If you don't see any code above, please get new code from the Advanced tab after you click the republish button. The page counter does not collect any personal data. More info: https://theconversation.com/republishing-guidelines --></p> <p><em><a href="https://theconversation.com/profiles/janneke-blijlevens-150258">Janneke Blijlevens</a>, Senior Lecturer in Marketing, <a href="https://theconversation.com/institutions/rmit-university-1063">RMIT University</a>; <a href="https://theconversation.com/profiles/angel-zhong-1204643">Angel Zhong</a>, Associate Professor of Finance, <a href="https://theconversation.com/institutions/rmit-university-1063">RMIT University</a>, and <a href="https://theconversation.com/profiles/lauren-gurrieri-5402">Lauren Gurrieri</a>, Associate Professor in Marketing, <a href="https://theconversation.com/institutions/rmit-university-1063">RMIT University</a></em></p> <p><em>Image credits: Getty Images</em></p> <p><em>This article is republished from <a href="https://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/girlmaths-a-seemingly-innocent-and-fun-way-to-justify-expenses-that-can-have-serious-financial-consequences-211903">original article</a>.</em></p>

Money & Banking

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Eggs are so expensive right now. What else can I use?

<p><em><a href="https://theconversation.com/profiles/evangeline-mantzioris-153250">Evangeline Mantzioris</a>, <a href="https://theconversation.com/institutions/university-of-south-australia-1180">University of South Australia</a></em></p> <p>The price of eggs <a href="https://www.abc.net.au/news/2023-06-14/egg-shortage-high-prices-blamed-on-shift-from-cage-to-free-range/102474282">is rising</a>. So many of us may be looking for cheaper alternatives.</p> <p>First, the bad news. Nothing can replace a boiled, poached or fried egg.</p> <p>Now, the good news. Lots of other ingredients can make foods puff and rise, give your meal a rich taste, or hold together ingredients.</p> <p>So try using some of these egg substitutes and save the real eggs for your breakfast.</p> <h2>Why are eggs so popular?</h2> <p>Eggs are incredibly <a href="https://www.foodstandards.gov.au/science/monitoringnutrients/afcd/pages/default.aspx">nutritious</a>. They’re a <a href="https://www.mdpi.com/2072-6643/11/3/684">rich source</a> of protein, vitamins A and D, pigments called carotenoids, and minerals.</p> <p>Eggs are also versatile. We use them to make a range of savoury and sweet foods, sauces and drinks, not to mention breakfast.</p> <p>Their popularity and versatility lies in the unique characteristics of the two main parts of the egg – the white and yolk. Each contribute <a href="https://www.amazon.com.au/Food-Cooking-Harold-McGee/dp/0684800012">different properties</a> in cooking.</p> <p><a href="https://www.mdpi.com/2072-6643/11/3/684">Egg yolk</a> is about 55% water, 27% fats, 16% protein (with small amounts of carbohydrate). <a href="https://www.mdpi.com/2072-6643/11/3/684">Egg white</a> is about 10% protein and 90% water, with only traces of fat and carbohydrates. Different types of protein in egg white contribute to them foaming when whisked.</p> <h2>Eggs are versatile</h2> <p>Eggs have a <a href="https://www.sciencedirect.com/science/article/pii/S0268005X2200131X?casa_token=1yXlEb1uvwQAAAAA:s3h5KCozwn-hjIn6kLOEoW45An255V6Z0G8TcJAQgTejfLEwV7nKqkS6VPWXiNkNxR4m5Mr2lHc">different role</a> in different types of cooking.</p> <p><strong>1. Eggs are a raising agent</strong></p> <p>Beaten or whisked eggs act as a raising agent by creating pockets of air in foods, which expand with cooking, making the foods puff and rise. This gives baked products like cakes, biscuits and muffins volume and an airy feel.</p> <p>Using just the egg white leads to a remarkably light and delicate foam, as we see in meringues. In mousse and souffles the whites and the yolk are beaten separately, then mixed together. This leads to a light, airy and smooth texture.</p> <p><strong>2. Eggs hold together other ingredients</strong></p> <p>Eggs combine ingredients and hold them together during cooking. This gives foods – such as vegetable or meat patties – their structure.</p> <p><strong>3. Eggs bind other liquids</strong></p> <p>The liquid from eggs binds other liquids from other ingredients in the recipe into a soft, moist and tender mass. We see this in scrambled eggs, omelettes and egg custard.</p> <p><strong>4. Eggs act as emulsifiers</strong></p> <p>The egg yolk contains different proteins (livetin, phosvitin) and lipoproteins (lecithin). These act as emulsifiers, allowing fat and water to mix together in foods such as mayonnaise and hollandaise sauce.</p> <p><strong>5. Eggs boost flavour</strong></p> <p>The fat in egg yolks helps carry and release the flavour of some fat-soluble components of food. These foods <a href="https://www.sciencedirect.com/science/article/pii/S0924224401000796">may taste differently</a> without the eggs. Eggs also contribute to foods feeling soft in the mouth.</p> <p>As eggs have different roles in cooking, you may need different egg substitutes depending on the outcome you want. Here are some cheaper (and vegan) options.</p> <h2>Aquafaba</h2> <p>Aquafaba is the liquid drained from cans of bean – typically from chickpeas as it has the most neutral flavour. This is the all-round winner, especially as most of us probably throw it away without realising what a gem it is.</p> <p>Aquafaba is <a href="https://www.sciencedirect.com/science/article/pii/S0924224421001424?casa_token=P45Z4G2SFdsAAAAA:DRy8adcAU_QHl96LONyWOEhUXvrExVZsJ18xKvc8OiPYeVKHSOkGOKefiixXFPY9UhdscEaHF70">versatile</a>. You can whip it up like egg whites to form a foam that can be used to make meringue (even pavlova), gelato, in baked goods, and for binding ingredients in patties. It also contains emulsifiers and can be used to make mayonnaise.</p> <p>You’ll need different quantities of aquafaba depending on the recipe. Generally, though, you use about two to three tablespoons of aquafaba to replace the volume of fluid from an egg.</p> <p>On the downside, aquafaba can taste a bit beany. So it is best to use it with stronger flavours to overcome this.</p> <p>Nutritionally, <a href="https://www.sciencedirect.com/science/article/abs/pii/S0924224421001424?via%3Dihub">aquafaba</a> has small amounts of carbohydrate (about 2.6g/100 millilitre), and negligible levels of protein (about 1.3g/100 millilitre).</p> <p>You can also freeze aquafaba.</p> <h2>Vinegar and baking soda</h2> <p>Mixing a teaspoon of baking soda with a tablespoon of vinegar can replace an egg in most baked goods. This produces carbon dioxide, which is trapped into air pockets, and makes foods rise.</p> <p>This is a very cheap option, however its success may be limited by how heavy the rest of the ingredients are. This combination also has very little nutritional value.</p> <h2>Commercial egg replacements</h2> <p>These are available at most supermarkets, are very cheap compared with eggs, have a long shelf life, and are easy to use, with instructions on the packaging.</p> <p>Typically, they contain different starches from potato, tapioca and pea protein (which act as leavening agents and form foams), along with raising agents. They are recommended for use in baked goods. However they have very little nutritional value compared to an egg.</p> <h2>Flaxseed meal and chia seeds</h2> <p>Use either a tablespoon of flaxseed meal, or chia seeds, added to about three tablespoons of water. Allow the mixture to sit for a few minutes to form a gel.</p> <p>The gels can be used in baked goods, however this option isn’t as cheap as the others, and has a slight nutty taste.</p> <p>Both these seeds provide nutritional value. They are both rich in the plant-based omega-3 fatty acid called alpha-linolenic acid. We <a href="https://academic.oup.com/ajcn/article/59/6/1304/4715808">can convert</a> this fatty acid into healthy omega-3 fatty acids, but at a slow rate. These seeds also provide fibre, polyphenols and antioxidants.</p> <h2>Tofu</h2> <p>Tofu, which is made from soybeans, is widely available and fairly cheap. It has the most “eggy” appearance and so makes it ideal as a substitute for scrambled eggs and in quiche. However, you will need to use silken tofu and puree it.</p> <p>Tofu is highly nutritious and provides protein, fat, calcium, polyphenols and anti-oxidants.</p> <p>You could also use soy flour. Add one tablespoon to three tablespoons of water, then use immediately in baking and for binding ingredients together. However, soy flour does not contain calcium, which tofu does.</p> <h2>Mashed fruit</h2> <p>Mashed bananas or applesauce are also used as egg substitutes. These mainly act to bind and hold moisture in the food and help carry the flavours.</p> <p>You also get the nutritional value of the fruit. Due to the natural sugar that in fruit, this will sweeten your baked goods so you will need to drop the sugar by about a tablespoon (or more) for each piece of fruit you add.<!-- Below is The Conversation's page counter tag. Please DO NOT REMOVE. --><img style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important;" src="https://counter.theconversation.com/content/207837/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" /><!-- End of code. If you don't see any code above, please get new code from the Advanced tab after you click the republish button. The page counter does not collect any personal data. More info: https://theconversation.com/republishing-guidelines --></p> <p><em><a href="https://theconversation.com/profiles/evangeline-mantzioris-153250">Evangeline Mantzioris</a>, Program Director of Nutrition and Food Sciences, Accredited Practising Dietitian, <a href="https://theconversation.com/institutions/university-of-south-australia-1180">University of South Australia</a></em></p> <p><em>Image credits: Getty Images</em></p> <p><em>This article is republished from <a href="https://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/eggs-are-so-expensive-right-now-what-else-can-i-use-207837">original article</a>.</em></p>

Food & Wine

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“Yolkidding me”: Perfectly round egg goes viral online

<p>In what is perhaps one of the most eggs-traordinary discoveries in Australian grocery history, a perfectly round egg has been found laying in a Victorian supermarket.</p> <p>3AW Football host Jacqui Felgate shared the remarkable find to her Instagram followers, revealing she had been sent footage of the egg that was taken at a Woolworths in inner-city Melbourne.</p> <p>"From a follower: This is so random, but I thought I would share this eggcellent find," the post read.</p> <p>"In our egg carton we found a round egg.</p> <p>"After a quick google realised it was one in a billion, literally one in a billion eggs are round and the last one that was found sold for over $1400!”</p> <blockquote class="instagram-media" style="background: #FFF; border: 0; border-radius: 3px; box-shadow: 0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width: 540px; min-width: 326px; padding: 0; width: calc(100% - 2px);" data-instgrm-captioned="" data-instgrm-permalink="https://www.instagram.com/reel/CtgX__fhbdH/?utm_source=ig_embed&amp;utm_campaign=loading" data-instgrm-version="14"> <div style="padding: 16px;"> <div style="display: flex; flex-direction: row; align-items: center;"> <div style="background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 40px; margin-right: 14px; width: 40px;"> </div> <div style="display: flex; flex-direction: column; flex-grow: 1; justify-content: center;"> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 100px;"> </div> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 60px;"> </div> </div> </div> <div style="padding: 19% 0;"> </div> <div style="display: block; height: 50px; margin: 0 auto 12px; width: 50px;"> </div> <div style="padding-top: 8px;"> <div style="color: #3897f0; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: 550; line-height: 18px;">View this post on Instagram</div> </div> <div style="padding: 12.5% 0;"> </div> <div style="display: flex; flex-direction: row; margin-bottom: 14px; align-items: center;"> <div> <div style="background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(0px) translateY(7px);"> </div> <div style="background-color: #f4f4f4; height: 12.5px; transform: rotate(-45deg) translateX(3px) translateY(1px); width: 12.5px; flex-grow: 0; margin-right: 14px; margin-left: 2px;"> </div> <div style="background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(9px) translateY(-18px);"> </div> </div> <div style="margin-left: 8px;"> <div style="background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 20px; width: 20px;"> </div> <div style="width: 0; height: 0; border-top: 2px solid transparent; border-left: 6px solid #f4f4f4; border-bottom: 2px solid transparent; transform: translateX(16px) translateY(-4px) rotate(30deg);"> </div> </div> <div style="margin-left: auto;"> <div style="width: 0px; border-top: 8px solid #F4F4F4; border-right: 8px solid transparent; transform: translateY(16px);"> </div> <div style="background-color: #f4f4f4; flex-grow: 0; height: 12px; width: 16px; transform: translateY(-4px);"> </div> <div style="width: 0; height: 0; border-top: 8px solid #F4F4F4; border-left: 8px solid transparent; transform: translateY(-4px) translateX(8px);"> </div> </div> </div> <div style="display: flex; flex-direction: column; flex-grow: 1; justify-content: center; margin-bottom: 24px;"> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 224px;"> </div> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 144px;"> </div> </div> <p style="color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; line-height: 17px; margin-bottom: 0; margin-top: 8px; overflow: hidden; padding: 8px 0 7px; text-align: center; text-overflow: ellipsis; white-space: nowrap;"><a style="color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: normal; line-height: 17px; text-decoration: none;" href="https://www.instagram.com/reel/CtgX__fhbdH/?utm_source=ig_embed&amp;utm_campaign=loading" target="_blank" rel="noopener">A post shared by JACQUELINE FELGATE (@jacquifelgate)</a></p> </div> </blockquote> <p>Naturally, Instagram users flocked to the post, with a lot questioning how an egg could ever sell for four figures.</p> <p>"Yolkidding me," one wrote.</p> <p>"Folks buying eggs for $1400? That’s eggtortion. 😩," another said.</p> <p>However, many of the comments sympathised with the chicken who created the perfectly round — and relatively large — incredible egg.</p> <p>“All I could think was that poor chicken 🐔 😬,” one said.</p> <p>“The poor chicken that squeezed that one out 😮,” another added.</p> <p>One even questioned the sphere’s authenticity, commenting, “Is it really an egg 🥚??”</p> <p>Considering perfectly round eggs have earned finders big bucks in the past, it was no surprise that someone told Felgate her find was a thing of fortune.</p> <p>“It’s your lucky day get a ticket to the 60 mill tonight.” they said.</p> <p>Only time will tell if Felgate’s fortunate find will bring her prosperity or wind up scrambled, fried or poached.</p> <p><em>Image credit: Instagram</em></p>

Food & Wine

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Cafe owner responds to extortionate avocado drama

<p dir="ltr">A Sydney cafe has responded after being slammed for their $10.90 side of avocado.</p> <p dir="ltr">Little Jack Horner, situated right in front of Coogee Beach, also charges $11.90 for halloumi and $9.90 for a side of bacon, all of which are meant to be shared.</p> <p dir="ltr">Cafe owner BJ McHatton spoke to <em>9Honey</em> about the avocado side dish that made waves.</p> <p dir="ltr">"The smashed avocado is portioned at almost one and a half avocados, as well as containing other ingredients to make it a dish, not just an avocado in a bowl," he said of the dish. </p> <p dir="ltr">"The price of avocados does fluctuate, two months ago we were paying double what we are today," he said, adding that the venue works with local providers who go to the market daily to provide them with quality produce.</p> <p dir="ltr">"Of course, this comes at a higher cost that allows us to have a quality offering for our customers.”</p> <p dir="ltr">He pointed out that this is the first price increase in 10 years, with "the hospitality industry as a whole all the way from the suppliers to the actual venues himself have seen prices explode over the last 12 months.”</p> <p dir="ltr">McHatton added that the cafe is in a prime location, with live music five nights a week, 160 indoor plants that are professionally cared for, and their efforts to support local teams, clubs, schools and charities all contribute to their prices.</p> <p dir="ltr">"Obviously, running a business of this size, and in this destination has a lot of associated expenses. All of this has to be taken into account when we set prices for our products.”</p> <p dir="ltr">Despite increased media coverage, McHatton says they haven’t received any backlash.</p> <p dir="ltr">"Obviously being on a few radio stations and covered by a few news stations it has generated some interest on those stories. However, after reading the comments, most of them are supportive. Most people genuinely seem to understand how hard running a business is the associated cost to come with running a business," he told <em>9Honey</em>. </p> <p dir="ltr">However, he expressed disappointment at the Google reviews that were allegedly left overnight by people who had never been to the cafe.</p> <p dir="ltr">"[It's] disappointing that people will go to the trouble of leaving a review having never actually experienced the venue. If anyone has ever been to our place, they know it's a lot more about an experience, which includes the food than just the food and the price," McHatton said.</p> <p dir="ltr">Other reviewers have dubbed the food “grossly overpriced”, with one reviewer revealing their Easter lunch of two breakfasts and fruit juice was almost $100. Another added that the prices were "pushing close to that of what you would expect for dinner," though they did say the food "was great".</p> <p><span id="docs-internal-guid-58292ee2-7fff-ec9e-cede-50a6da2915f7"></span></p> <p dir="ltr"><em>Image credit: Shutterstock</em></p>

Food & Wine

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"THE SENNA MADE IT": Multi-millionaire has McLaren craned up to Melbourne’s most expensive penthouse

<div class="post-action-bar-component-wrapper" style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; font-size: 16px; vertical-align: baseline;"> <div class="post-actions-component" style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; font-size: 16px; vertical-align: baseline; visibility: visible;"> <div class="upper-row" style="box-sizing: border-box; margin: 8px 16px; padding: 0px; border: 0px; font-size: 16px; vertical-align: baseline; display: flex; justify-content: space-between; align-items: flex-end;"> <div class="right-box-container" style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; font-size: 16px; vertical-align: baseline; display: flex; justify-content: flex-end; color: #323338; font-family: Figtree, Roboto, Rubik, 'Noto Kufi Arabic', 'Noto Sans JP', sans-serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: #ffffff; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;"> <div class="post-editor-container" style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; font-size: 16px; vertical-align: baseline;"> </div> </div> </div> </div> </div> <div> <p dir="ltr">Multi-millionaire Adrian Portelli has had his McLaren Senna GTR craned 57 storeys off the ground and into the most expensive penthouse in Melbourne.</p> <p dir="ltr">The 34-year-old bought the $39 million penthouse in April, and announced his plans to use a crane to lift his luxury sports car into the penthouse so that he can display it in the living room.</p> <p dir="ltr">“It’s a car that we can’t register, and it’s just collecting dust, so I might as well have it somewhere where it’s safe,” he told <em>7NEWS </em>last month.</p> <p dir="ltr">On Wednesday a crowd had gathered to watch Portelli’s dreams come true.</p> <p dir="ltr">The multi-millionaire took to Instagram to share his success.</p> <p dir="ltr">“THE SENNA MADE IT! A first look at the McLaren Senna GTR 57 floors up 🔥” he captioned the post.</p> <p dir="ltr">“A huge thank you to everyone involved for making this absolutely surreal moment happen,” he added, tagging the construction and investment companies who helped him achieve this.</p> <p dir="ltr">“Forever grateful.”</p> <p dir="ltr">He shared a follow up post with a series of images from the move and how proud he was to be able to achieve his dream.</p> <p dir="ltr">“When I went to bed last night I just giggled. Young Portelli would be proud. The one nobody knew 10 years ago,” he captioned the post.</p> <p dir="ltr">“If I can motivate and inspire people to want to succeed, my job is done because I understand how hard and lonely it is on the pursuit of success,” he added.</p> <p dir="ltr">Portelli has said that he plans to use his Melbourne penthouse as a weekend getaway, and admitted that he had looked at a few other penthouses during his property search, but unfortunately they didn’t have “that ‘wow’ factor”.</p> <p dir="ltr">The penthouse is located atop the Sapphire by the Gardens tower in the Melbourne CBD, and was set to<a href="https://www.oversixty.com.au/property/real-estate/luxury-penthouse-could-set-records-with-eye-watering-price-tag" target="_blank" rel="noopener"> break records</a> for the most expensive penthouse back in March.</p> <p><em>Images: Instagram</em></p> </div>

Real Estate

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Soccer’s “greatest domestic treasure” found after 70 years

<p>It took 69 years, but the Soccer Ashes have finally been found. </p> <p>Australian football has been on the hunt for the treasured trophy since 1954, when it - by all accounts - disappeared from the face of the Earth. </p> <p>The “greatest domestic treasure”, a title bestowed upon it by Australian football historian Trevor Thompson, is easy enough to miss at first glance. The hand-carved wooden box is small, but like with most things in life, it’s what’s on the inside that counts - in this case, the ashes of two cigars smoked by the Australia and New Zealand captains in 1923 following their first ‘A’ international match in Australia. </p> <p>The trophy - which is now considered to be a main contributing element in the wider history of Australia’s national team, the Socceroos - serves as the first one ever contested between the rival sides, and was thought up by the then-team manager for New Zealand, Harry Mayer. </p> <p>His belief that the two sides needed something to play for - similar to cricket’s Ashes - led to its creation. Mayer himself - a trophy maker - constructed the piece, combining the likes of New Zealand honeysuckle and Australian maple, including the iconic imagery of kangaroos and silver ferns on its lid.</p> <p>Within the box lies a blue velvet lining, and a silver-plated razor case. The case is a main feature of the trophy, as it once belonged to the-secretary of the Queensland Football Association, Private William Fisher. He had been carrying it with him during the 1915 Gallipoli landing.</p> <p>In the 30 years to follow, the two nations competed for the trophy, and saw it passed back and forth between Australia and New Zealand before its 1954 disappearance. And while some feared it had simply been tossed aside or at worst destroyed, many were not willing to give up on it. </p> <p>Historians Trevor Thompson and Ian Syson, for example, set out in 2019 on a mission to track it down, armed with the support of Football Australian and government funding.</p> <p>And to the delight of soccer fans across both nations, they did it. </p> <p>The family of the late and former Australian Soccer Football Association’s chairman Sydney Storey found it tucked away with a whole host of other treasures - including but not limited to football memorabilia, pictures, newspaper clippings, and other assorted documents - in his garage. It took them a year to identify and verify all of Storey’s vast collection, but it was all worth the wait, with the family reaching out to Football Australia as soon as possible. </p> <p>In the wake of the joyous discovery, there have been calls for the trophy - or at least a replica of it - to once again be implemented, as well as for the trans-Tasman competition to become an annual event. </p> <p>As Ian Syson explained, “this trophy is symbolic of something really important, and its discovery is also really important as well.</p> <p>"Its absence was a symptom of Australian soccer's tendency to forget itself, and for the surrounding culture not to care at all.</p> <p>"This trophy is replete with sacred significance to a country that is so obsessed with its Anzac mythology. For that to go missing, it says a lot about the way this game manages to shoot itself in the foot all the time.</p> <p>"And so maybe this is a sign that the game can correct itself, can fix itself, can remember itself - if there's enough people caring about it, if there's enough people taking an interest in the history.</p> <p>"It means so much for the game."</p> <p><em>Images: Twitter</em></p>

News

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Young mum shocked by dire discovery in daughter's schoolbag

<p>A Perth mother has recounted her horror at discovering a vape in her 12-year-old daughter’s schoolbag. </p> <p>Mother of three Sarah Goodyear’s day only went from bad to worse when she learned that not only was her daughter using the electronic cigarette, but that the device had been sold to her at school. </p> <p>“In all honesty, I was mortified,” she told <em>7News</em>’ Amelia Broun. “It has completely imploded now. We’ve, to some extent, left it a little bit too late.”</p> <p>“There’s a real urgency to it now,” she said, “you would not believe how many teenagers are doing this.”</p> <p>Although Sarah knows she is not alone in her current situation - just last year, a mother in Melbourne found a vape in her 7-year-old’s bag - it is likely to come of little comfort, with experts suggesting that children who vape are three times more likely to pick up a smoking habit later in life. </p> <p>Those same health experts warn that some vape devices can contain the same nicotine content as hundreds of cigarettes, while the chemicals present in different aerosols are not safe for inhalation, and are not worth the damage they will do to organs. </p> <p>“It’s almost like the genie’s got out of the bottle,” Cancer Council Western Australia’s chief executive Ashley Reid reported, “and we’re desperately trying to put it back in.</p> <p>“We don’t want to undo decades of really amazing, world-leading work in tobacco control to let vaping get away from us.”</p> <p>In response to the growing crisis, the Western Australian government has announced it will spend hundreds of thousands of dollars on a new anti-vaping campaign from the Cancer Council. The online resource, set for release later this year and said to complement existing awareness campaigns, will feature information about the health impacts of vaping, as well as support venues for those who want to quit. </p> <p>Meanwhile, a number of private schools in Perth have gone as far as to install vape detectors in their bathrooms, but public schools have shown no sign of following suit. </p> <p>Some private Perth schools have installed vape detectors in toilets, but that’s not something on the agenda for public schools, despite 9 in 10 Australians supporting tougher vaping regulations. </p> <p>Western Australia’s Health Minister Amber-Jade Sanderson noted that the state already leads the nation with their vape regulations, as vaping is illegal there without a prescription. </p> <p>“Not only is vaping harmful,” she said, “it often contains harmful substances found in cleaning products, weed killer, nail polish remover and bug spray.</p> <p>“Emerging research has found that non-smokers who use e-cigarettes are three times more likely to go on to smoke tobacco cigarettes.”</p> <p><em>Images: 7News</em></p>

Caring

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5 most expensive cities in the world

<p>Grab your credit card – you’ll need the extra funds if you want to visit these pricey cities.</p> <p><strong>1. Geneva, Switzerland</strong></p> <p>Get ready to pay at least $250 per night for a hotel and an incredible $33 for a club sandwich. Switzerland has a well-deserved reputation for being super expensive. Economists put the hefty price tags down to the fact that Switzerland pays some of the highest salaries in the world, meaning its citizens have heightened buying power.</p> <p>You’ll pay a premium for everything including transport, food, alcohol, shopping and even tasty Swiss chocolates.</p> <p><strong>2. Oslo, Norway</strong></p> <p>All of Scandinavia is known to be highly expensive, but the Norwegian capital takes the cake. In fact it’s held the top spot in the global UBS Prices and Earnings report on the world’s most expensive cities for the past decade.</p> <p>One night in Oslo will cost you an average of $561 for accommodation, cocktails, dinner for two with wine and a taxi. Even a bottle of water can cost up to $8, so it would be sensible to bring a refillable bottle of your own.</p> <p><strong>3. Singapore</strong></p> <p>The 2016 Worldwide Cost of Living Index ranked Singapore as the most expensive city in the world to live in and it’s not cheap for travellers either. You can still find some reasonably priced hotels and cheap street stalls for food, but overall prices are skyrocketing.</p> <p>Part of what makes Singapore so expensive is that its economy is booming while many others (like Australia, the US and Europe) are on the decline. It’s a trend that’s expected to continue, so Singapore won’t be appearing on the list of great value destinations anytime soon.</p> <p><strong>4. Dubai, UAE</strong></p> <p>A five-night holiday for two in Dubai will set you back almost $4,700, making it the world’s most expensive destination for tourists according to Hoppa, an airport transfer booking service. It also has the most expensive hotel rooms in the world, with an average price per night of more than $360.</p> <p>The city is known for its flashy hotels, huge shopping malls and high-end restaurants, built largely on the back of the country’s huge oil wealth.</p> <p><strong>5. New York, US</strong></p> <p>The Big Apple is easily the most expensive tourist destination in the USA and has been made even more so in recent months by a weak Australian dollar. A night out in the city that never sleeps will cost around $430 for accommodation, a meal, taxi fares and wine for two.</p> <p>Surveys have found that the average cost of a meal in New York is the most expensive of any major city in the US. The city is also known for its ‘tourist traps’, attractions that suck in naïve visitors but don’t offer value for money.</p> <p><em>Image credits: Getty Images</em></p>

International Travel

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The most expensive books in the world

<h2>The Tales of Beedle the Bard</h2> <p>JK Rowling’s first book since the conclusion of the Harry Potter series fetched a huge chunk of change. Published in December 2007, Beedle was the complete book of fairy tales that play a crucial role in the final instalment of the Harry Potter series. JK Rowling produced seven separate handwritten copies of Beedle, filled with illustrations she herself had drawn. These books were incredibly beautiful: leather-bound, with silver and moonstones decorating the cover. Rowling gave six of these ‘Moonstone Editions’ to friends and people who worked on the Harry Potter books, but one went up for auction on Amazon. One mega-fan paid US$3.98 million for it, and Rowling donated the proceeds to a children’s charity. While far from the most expensive book on this list, Beedle was the priciest book ever purchased that was written and published in the twenty-first century.</p> <h2>Traité des Arbres Fruitiers</h2> <p>The title of this eighteenth-century French handbook translates to Treatise of Fruit Trees. The book was written by botanist Henri Louis Duhamel du Monceau and contained five separate volumes filled with detailed illustrations. This manuscript went for €3.4 million (about AU$5.2 million) at a 2006 auction. Yes, someone spent over five million dollars for a book about fruit trees.</p> <h2>The Gutenberg Bible</h2> <p>This was the first-ever edition of the ‘Good Book’ to be produced using moveable-type print, with Johannes Gutenberg’s printing press (hence the name). Despite being mass-produced, the Gutenberg Bible is still incredibly rare and valuable, as its AU$8.4 million price tag makes clear. Only 48 copies of the original 1450s-printed batch remain today. The buyer of this copy was Maruzen Co. Ltd., a major Japanese bookseller. At the time, 1987, it set the record for the most expensive book ever purchased.</p> <h2>The First Folio</h2> <p>This collection of William Shakespeare’s plays is widely considered one of the most significant treasures in literary history. Formally titled Mr William Shakespeare’s Comedies, Histories &amp; Tragedies, the folio contains all but four of the Bard’s dramatic works. Of the 750 copies originally published seven years after his death in 1623, only 228 remain. Paul Allen, the co-founder of Microsoft, snatched one up at Christie’s, an auction house in New York City, in 2001. It cost him a cool AU$9.6 million.</p> <h2>The Canterbury Tales</h2> <p>This enduring collection of stories from the middle ages by fourteenth-century poet Geoffrey Chaucer fetched a hefty sum of money in 1998 – AU$11.67 million, to be exact. The 17,000 lines of The Canterbury Tales tell the story of a motley crew of pilgrims who engage in a storytelling contest while on their way to visit a holy shrine. Only 12 original copies still exist today. One ended up in the hands of London book dealers, who purchased it for GP£4.6 million (AU$8.1 million). In 1998, that amount was equal to about US$5.5 million. If you do the math (there are 24 separate tales), that’s approximately US$230,000 per tale.</p> <h2>Birds of America</h2> <p>Between 1827 and 1838, naturalist John James Audubon published a series of exquisite prints depicting hundreds of different North American bird species. Together, the 435 illustrations form the complete first edition of Birds of America, of which there are only 119 remaining copies. Another reason for the bird book’s massive value is the fact that six of the bird species depicted are now extinct. In 2010, the most expensive copy of Birds of America went for US$11.5 million at Sotheby’s Auction House in London. Two other copies of the book also raked in big money in the twentieth century: an US$8.8 million copy in 2000 and a US$7.9 million copy in 2012.</p> <h2>The Gospel of Henry the Lion</h2> <p>Only just beating out the birds in this list of expensive books is a lion… Henry the Lion, to be exact. Henry the Lion was the Duke of Saxony from 1142 to 1180 (Saxony, in case you were wondering, is a German state). He commissioned the production of a gospel book for display on the altar of Brunswick Cathedral. The text was a masterpiece, 266 pages long with 50 Romanesque illustrations depicting scenes from all four gospels. The book ended up back in the hands of the German government around 800 years later when it was purchased at a 1983 London auction for US$11.7 million. Today, the complete manuscript has a home in Wolfenbüttel, Germany’s Herzog August Library. To ensure its safety, it is only put on display once every two years!</p> <h2>Rothschild Prayer Boo</h2> <p>These are some pricey prayers: this Flemish collection of Christian texts, psalms, and images cost its buyer US$13.4 million. It was compiled in the early 1500s and features the works of a myriad of Flemish scholars, which fill 254 separate pages. In 1999, Australian businessman Kerry Stokes purchased it from Christie’s in New York. Stokes loaned it to the National Library of Australia in Canberra, where it remains today.</p> <h2>Bay Psalm Book</h2> <p>Religious texts continue to fill this list of expensive books, with the Bay Psalm Book continuing the trend. This one stands out from its fellows, though, because of its distinction as the first book ever printed in the British colonies that would become America. In 1640, 20 years after the Pilgrims landed on Plymouth Rock, the Bay Psalm Book emerged from printers in Cambridge, Massachusetts. There are approximately eleven copies still intact today, mostly in the possession of libraries and universities. One copy, though, has belonged to American businessman David Rubenstein since 2013, when he bought it at a Sotheby’s auction for US$14.2 million.</p> <h2>St Cuthbert Gospel</h2> <p>This pocket-sized version of the Gospel of John is one of the earliest surviving examples of Western bookbinding. Created in the eighth century, it spent years in the coffin of its namesake, St Cuthbert, before becoming the property of an English Jesuit school. In the years leading up to its 2012 purchase, it was on loan to the British Library. The book measures only 14 centimetres by nine centimetres inches. It may be small, but its price tag sure isn’t; the British Library raised over GB£9.5 million (AUD16.6 million) to buy it for good at an auction.</p> <h2>The Magna Carta</h2> <p>The Magna Carta, the thirteenth-century charter that laid the foundation for the future of the law as we know it, is one of the most famous texts in history. Naturally, it earns a high spot on this list. The text was one of the earliest to lay out the concept of basic human rights and limit the powers of a king. Today, only seventeen copies predating 1300 survive. One sold for a whopping AU$33.1 million at a 2007 auction. The identity of the buyer is most likely David Rubenstein, who is also the lucky (or perhaps just wealthy) owner of the Bay Psalm Book. His reasoning for spending so much money? He thought it ‘very important’ that there be a copy of the Magna Carta in the United States. It’s widely believed that the document helped inspire the Declaration of Independence.</p> <h2>The Codex Leicester</h2> <p>You might know this author’s name: Leonardo da Vinci. You might know the buyer’s name as well: Bill Gates. The current record for the most expensive book of all time belongs to this 72-page notebook filled with the Renaissance genius’s notes and theories. In the early 1700s, the Codex was purchased by the Earl of Leicester, hence its name. In 1980, an art collector bought it from the Leicester estate, and none other than Bill Gates bought it from the collector in 1994. The Codex set Gates back a cool US$30.8 million. Gates decided to share his purchase with the world, and did it in the most Bill Gates way possible: he scanned the pages of the book and turned them into a Windows 95 screensaver.</p> <p><strong>This article originally appeared on <a href="https://www.readersdigest.com.au/culture/the-most-expensive-books-in-the-world?pages=1" target="_blank" rel="noopener">Reader's Digest</a>.</strong></p> <p><em>Image: Shutterstock</em></p>

Books

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Wrapping presents leads to mother's cheeky Christmas discovery

<p>Queensland mother of four Nicole, was wrapping her Christmas presents early this year, when she had to take a second glance at a few images on what she thought was fairly innocent and cute wrapping paper.</p> <p>What she didn’t realise, was that after wrapping a few presents she accidentally selected something a little too inappropriate.</p> <p>The paper, innocently named "Christmas Wrapping Paper Roll" online actually contained X-rated cartoon images. One of an aroused snowman and another of a randy reindeer mounting another.</p> <p>I purchased them online and only noticed when I was wrapping my third present - thankfully the first two were for me and my partner!" she laughed.</p> <p>"When I first saw it I had to send photos to my friend and mother to see if they noticed anything off while wiping laughing tears from my face."</p> <p>Nicole said she wasn't planning on ditching the paper from Typo completely, but with her younger children, she wasn't keen on her kids asking about the birds and the bees over Christmas lunch.</p> <p>"I have only wrapped small presents in it now with strategically placed name labels," she said of her work-around.</p> <p>"I find it hilarious and have showed everyone. I put the post up on social media in case someone hadn’t noticed or may have left it too late to buy more paper ... and to give people a laugh!"</p> <p>Feeling the need to share, Nicole posted snaps of the paper in the Christmas Mums Australia Facebook group, and wasn't the only one to find it funny. Over 340 members of the group commented on Nicole's post.</p> <p>“This is the best!” one person commented.</p> <p>“That’s gold! I love it,” added another.</p> <p>As the laughter and jokes kept coming, many shoppers said that others shouldn’t be so surprised by the images, given Type, the store Nicole purchased from is known for selling cheeky items like this.</p> <p><em>Images: Typo</em></p>

Family & Pets

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When hosting mega-events like FIFA, cities market themselves at the expense of the most vulnerable

<p>Few events capture the attention of the globe like the Men’s FIFA World Cup — in 2018, the event boasted a viewership of <a href="https://www.fifa.com/tournaments/mens/worldcup/2018russia/media-releases/more-than-half-the-world-watched-record-breaking-2018-world-cup">3.5 billion people</a>. Yet, despite the enormous popularity of the World Cup, <a href="https://www.aljazeera.com/sports/2022/11/17/do-host-countries-make-money-from-the-world-cup">host cities and countries invariably lose money</a> on the event itself, with FIFA capturing most of the profits despite its non-profit status.</p> <p>The calculus of host cities is based on the hope that successfully hosting a World Cup (or Olympics) will significantly enhance a city’s urban brand and ultimately lead to long-term increases in tourism and foreign direct investment.</p> <p>In other words, the argument is that a successful stint as a host city will identify that city as “<a href="https://www.jstor.org/stable/40643231">world-class</a>” and change its economic fortunes. This justification, at least from an economic point of view, relies on <a href="https://doi.org/10.1080/02614360500504628">some pretty fuzzy math and long-term forecasting that rarely gets audited</a>.</p> <p>I attended the 2010 World Cup in South Africa to study how various communities attempted to have their voices heard and needs met through the planning process for that event. I continue to research how hosting large-scale events intersect with other trends in global and local urbanization.</p> <p><strong>Urban branding</strong></p> <p>This mission of improving one’s urban brand to attract tourist and foreign investment leads cities to focus their attention to the perceived needs. Or, more precisely, the perceived desires of potential tourists and investors, as opposed to the needs and desires of the people who already live, work and play in these cities.</p> <p>This shift in focus is part of larger trends of cities becoming <a href="https://doi.org/10.1080/04353684.1989.11879583">increasingly entrepreneurial in our globalized world</a>.</p> <p>And to this end, host cities pursue a fairly predictable path to demonstrate their world-classness. As Streetnet International, a South Africa-based international organization of street vendors, put it in their World Class Cities For All campaign:</p> <blockquote> <p>“It has become a boringly predictable reality that, when a country prepares to host a high-profile international event, <a href="https://streetnet.org.za/document/world-class-cities-for-all/">the country and its local government authorities prepare to create ‘World Class Cities’ of a particular type</a>, i.e. ‘World Class Cities’ which will attract foreign investment; have modern up-to-date infrastructure; have no visible signs of urban decay; have smooth traffic flows; have no visible poor people or social problems.”</p> </blockquote> <figure class="align-center zoomable"><a href="https://images.theconversation.com/files/497721/original/file-20221128-4871-ip7vgt.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/497721/original/file-20221128-4871-ip7vgt.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px" srcset="https://images.theconversation.com/files/497721/original/file-20221128-4871-ip7vgt.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=600&amp;h=402&amp;fit=crop&amp;dpr=1 600w, https://images.theconversation.com/files/497721/original/file-20221128-4871-ip7vgt.jpg?ixlib=rb-1.1.0&amp;q=30&amp;auto=format&amp;w=600&amp;h=402&amp;fit=crop&amp;dpr=2 1200w, https://images.theconversation.com/files/497721/original/file-20221128-4871-ip7vgt.jpg?ixlib=rb-1.1.0&amp;q=15&amp;auto=format&amp;w=600&amp;h=402&amp;fit=crop&amp;dpr=3 1800w, https://images.theconversation.com/files/497721/original/file-20221128-4871-ip7vgt.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;h=506&amp;fit=crop&amp;dpr=1 754w, https://images.theconversation.com/files/497721/original/file-20221128-4871-ip7vgt.jpg?ixlib=rb-1.1.0&amp;q=30&amp;auto=format&amp;w=754&amp;h=506&amp;fit=crop&amp;dpr=2 1508w, https://images.theconversation.com/files/497721/original/file-20221128-4871-ip7vgt.jpg?ixlib=rb-1.1.0&amp;q=15&amp;auto=format&amp;w=754&amp;h=506&amp;fit=crop&amp;dpr=3 2262w" alt="overhead view of a building site in the desert" /></a><figcaption><span class="caption">In Doha, several stadiums were built to host the FIFA World Cup.</span> <span class="attribution"><span class="source">(AP Photo/Vadim Ghirda)</span></span></figcaption></figure> <p><strong>Increased policing, decreased social investment</strong></p> <p>There are common themes to how cities approach their hosting duties and branding pursuits. However, the particular interventions that each city makes to create this type of world- class city are unique to their particular context.</p> <p>Unfailingly, cities significantly increase policing, both in the sheer numbers of police, military and surveillance measures as well as the powers afforded to the police and military. These powers are used to police undesirable activities and individuals — those activities and people deemed incommensurate with the desired world-class brand.</p> <p>Youth, the unhoused or precariously housed, street vendors and racialized individuals <a href="https://doi.org/10.1080/17430437.2010.520938">experience the brunt of these increases</a>.</p> <p>In South Africa in 2010, FIFA courts were established to exact “<a href="https://www.nytimes.com/2010/06/21/sports/soccer/21iht-wcsoccer.html">swift and severe justice</a>” for crimes committed against tourists and journalists during the 2010 World Cup. In Qatar, there has been <a href="https://www.thestar.com/politics/2022/11/24/lgbtq-and-other-rights-issues-at-world-cup-a-huge-blemish-on-fifa-hall-of-famer.html">targeted policing of LGBTQ+ people and allies</a>.</p> <p>Additionally, the quest for this type of world-class-city brand also leads to uneven investment and under-investment as cities are forced to make choices about how to invest their municipal budgets.</p> <p>Tourist areas <a href="https://www.jstor.org/stable/25765282">see significant infrastructure investments while those off the tourist map are often ignored</a>. This is intensified by <a href="https://doi.org/10.1177/0196859905275971">television coverage of these places and events</a>.</p> <p>In Durban, South Africa, this meant significant investment along the waterfront and the construction of a shiny new soccer stadium (across the street from an existing rugby stadium) while other parts of the city, off the beaten path of journalists and tourists, continued to lack even basic infrastructure.</p> <figure class="align-center zoomable"><a href="https://images.theconversation.com/files/497776/original/file-20221128-14-4gf988.jpg?ixlib=rb-1.1.0&amp;rect=0%2C0%2C1920%2C1080&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/497776/original/file-20221128-14-4gf988.jpg?ixlib=rb-1.1.0&amp;rect=0%2C0%2C1920%2C1080&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" sizes="(min-width: 1466px) 754px, (max-width: 599px) 100vw, (min-width: 600px) 600px, 237px" srcset="https://images.theconversation.com/files/497776/original/file-20221128-14-4gf988.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=600&amp;h=338&amp;fit=crop&amp;dpr=1 600w, https://images.theconversation.com/files/497776/original/file-20221128-14-4gf988.jpg?ixlib=rb-1.1.0&amp;q=30&amp;auto=format&amp;w=600&amp;h=338&amp;fit=crop&amp;dpr=2 1200w, https://images.theconversation.com/files/497776/original/file-20221128-14-4gf988.jpg?ixlib=rb-1.1.0&amp;q=15&amp;auto=format&amp;w=600&amp;h=338&amp;fit=crop&amp;dpr=3 1800w, https://images.theconversation.com/files/497776/original/file-20221128-14-4gf988.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;h=424&amp;fit=crop&amp;dpr=1 754w, https://images.theconversation.com/files/497776/original/file-20221128-14-4gf988.jpg?ixlib=rb-1.1.0&amp;q=30&amp;auto=format&amp;w=754&amp;h=424&amp;fit=crop&amp;dpr=2 1508w, https://images.theconversation.com/files/497776/original/file-20221128-14-4gf988.jpg?ixlib=rb-1.1.0&amp;q=15&amp;auto=format&amp;w=754&amp;h=424&amp;fit=crop&amp;dpr=3 2262w" alt="armed police on horseback watch over a crowd." /></a><figcaption><span class="caption">In this image from video, Qatari police stand by on horseback as other security officials try to control a crowd at a FIFA Fan Zone on Nov. 19, 2022. Authorities turned away thousands of fans from a concert celebrating the World Cup beginning the next day.</span> <span class="attribution"><span class="source">(AP Photo/Srdjan Nedeljkovic)</span></span></figcaption></figure> <p><strong>Exposes the cracks</strong></p> <p>The current approach to hosting a World Cup puts unique and focused pressures on urban systems and infrastructure. In the process, it exposes the already existing cracks in the system and exacerbates existing inequalities.</p> <p>The World Cup did not create the labour system and working conditions of temporary migrant workers in Doha. However, both the magnitude and speed of construction to meet hosting needs undoubtedly ramped up the exploitation of the system, leading to <a href="https://www.theguardian.com/global-development/2021/feb/23/revealed-migrant-worker-deaths-qatar-fifa-world-cup-2022">thousands of worker deaths</a>.</p> <p>We need to reframe how a world-class city is defined to one that is more liveable, sustainable and just. This will inspire future host cities to pursue this status in a manner that does not increase policing and exacerbate inequalities.<!-- Below is The Conversation's page counter tag. Please DO NOT REMOVE. --><img style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important;" src="https://counter.theconversation.com/content/195069/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" /><!-- End of code. If you don't see any code above, please get new code from the Advanced tab after you click the republish button. The page counter does not collect any personal data. More info: https://theconversation.com/republishing-guidelines --></p> <p><em>Writen by David Roberts. Republished with permission from <a href="https://theconversation.com/when-hosting-mega-events-like-fifa-cities-market-themselves-at-the-expense-of-the-most-vulnerable-195069" target="_blank" rel="noopener">The Conversation</a>.</em></p> <p><em>Image: Getty Images</em></p>

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Why the discovery of Cleopatra’s tomb would rewrite history

<p>It couldn’t have been a case of better timing. Egyptologists celebrating the centenary of the discovery of the <a href="https://theconversation.com/why-tutankhamuns-curse-continues-to-fascinate-100-years-after-his-discovery-193766">tomb of Tutankhamun</a>, now have a promising new <a href="https://news.artnet.com/art-world/archaeologists-tunnel-cleopatra-tomb-2205456">archaeological discovery</a> that appears to have been made in Egypt. Excavators have discovered a tunnel under the <a href="https://www.smithsonianmag.com/smart-news/archaeologists-discover-4300-foot-long-tunnel-under-ancient-egyptian-temple-180981099/">Taposiris Magna temple</a>, west of the ancient city of Alexandria, which <a href="http://heritage-key.com/blogs/sean-williams/digging-cleopatras-tomb-taposiris-magna/">they have suggested</a>could lead to the tomb of Queen Cleopatra. Evidence that this is really the case remains to be seen, but such a discovery would be a major find, with the potential to rewrite what we know about Egypt’s most famous queen.</p> <p>According to the ancient Greek writer <a href="https://www.britannica.com/biography/Plutarch">Plutarch</a> – who wrote <a href="https://penelope.uchicago.edu/Thayer/E/Roman/Texts/Plutarch/Lives/Antony*.html">a biography of Cleopatra’s husband</a>, the Roman general Mark Antony, and is responsible for the lengthiest and most detailed account of the last days of Cleopatra’s reign – both Antony and Cleopatra were buried inside Cleopatra’s mausoleum.</p> <p>According to Plutarch, on the day that Augustus and his Roman forces invaded Egypt and captured Alexandria, Antony fell on his sword, died in Cleopatra’s arms, and was then interred in the mausoleum. Two weeks later, Cleopatra went to the mausoleum to make offerings and pour libations, and took her own life in a way that is still unknown (a popular misconception is that she was <a href="https://www.manchester.ac.uk/discover/news/snake-unlikely-to-have-killed-cleopatra/">bitten by an asp</a>). She too was then interred in the mausoleum.</p> <p>In the days that followed, Antony’s son Marcus Antonius Antyllus and Cleopatra’s son Ptolemy XV Caesar (also known as Caesarion, “Little Caesar”), were both murdered by Roman forces, and the two young men may likewise have been interred there.</p> <p>If the mausoleum of Cleopatra has not already vanished beneath the waves of the Mediterranean <a href="https://www.smithsonianmag.com/science-nature/raising-alexandria-151005550/">along with most of the Hellenistic city of Alexandria</a>, and is one day found, it would be an almost unprecedented archaeological discovery.</p> <h2>A discovery that could rewrite history</h2> <p>While the tombs of many famous historical rulers are still standing – <a href="https://www.mausoleodiaugusto.it/en/augustus-and-the-mausoleum/">the mausoleum of Augustus</a>, Antony and Cleopatra’s mortal enemy, in Rome, is one example – their contents have often been looted and lost centuries ago.</p> <p>One notable exception is the tomb of Philip II of Macedon, the father of Alexander the Great, <a href="https://www.worldhistory.org/article/1490/the-royal-macedonian-tombs-at-vergina/">uncovered at Vergina in the late 1970s</a>. The tomb was found intact, and this has enabled <a href="https://scholar.google.com/scholar?q=philip+macedon+tomb+vergina&amp;hl=en&amp;as_sdt=0,5">decades of scientific investigation</a> into its contents, advancing our knowledge of members of the Macedonian royal family and their court. The same would be true if Cleopatra’s tomb were discovered, and found to be intact.</p> <p>The amount of new information Egyptologists, classicists, ancient historians, and archaeologists could glean from its contents would be immense. For the most part, our knowledge of Cleopatra and her reign comes from <a href="https://www.google.co.uk/books/edition/Cleopatra/GQZB28EegT4C?hl=en&amp;gbpv=1&amp;printsec=frontcover">ancient Greek and Roman literary sources</a>, written after her death and <a href="https://www.npr.org/2012/03/14/148537736/bad-girls-of-history-how-wicked-were-they">inherently hostile</a> to the Egyptian queen. We do not have much evidence revealing the Egyptian perspective on Cleopatra, but what we do have, such as <a href="https://collections.louvre.fr/en/ark:/53355/cl010008923">honorific reliefs on the temples</a> that she built and votives dedicated by her subjects, gives us a very different view of her.</p> <h2>The ethics of unearthing Cleopatra’s remains</h2> <p>To date, no other <a href="https://www.thoughtco.com/rulers-of-the-ptolemies-172247">Ptolemaic ruler</a>’s tomb has been found. They were reportedly all situated in the <a href="https://www.academia.edu/4662183/Reconstruction_of_the_palace_area_in_Alexandria">palace quarter of Alexandria</a>and are believed to be under the sea with the rest of that part of the city.</p> <p>The architecture and material contents of the tomb alone would keep historians busy for decades, and provide unprecedented amounts of information about the Ptolemaic royal cult and the fusion of Macedonian and Egyptian culture. But if Cleopatra’s remains were there too, they could tell us a great deal more, including the cause of her death, her physical appearance, and even answer the thorny <a href="https://blog.oup.com/2010/12/cleopatra-2/">question of her race</a>.</p> <p>But should we be hoping to find Cleopatra’s remains, and to analyse them? From Tutankhamun to the ordinary ancient Egyptians whose mummies have been excavated over the centuries, there has been a long history of <a href="https://www.theguardian.com/artanddesign/2006/may/08/heritage.egypt">mismanagement and mistreatment</a>.</p> <p>While the days when mummies were unwrapped as <a href="https://theconversation.com/why-did-people-start-eating-egyptian-mummies-the-weird-and-wild-ways-mummy-fever-swept-through-europe-177551">a form of entertainment</a> at Victorian dinner parties have thankfully passed, concerns are increasingly being raised by those who work in heritage about the appropriate treatment of our ancestors.</p> <p>While the discovery of Cleopatra’s tomb would be priceless for Egyptologists and other scholars, is it fair to deny the queen the opportunity for peace and privacy in death that she did not receive in life?</p> <p><em>Image credits: Getty Images</em></p> <p><em>This article originally appeared on <a href="https://theconversation.com/why-the-discovery-of-cleopatras-tomb-would-rewrite-history-194481" target="_blank" rel="noopener">The Conversation</a>. </em></p>

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Five expensive (but avoidable) financial mistakes

<p>The road to financial freedom can have many potholes but knowing how to avoid them is simple if you know what to do. Here’s some tips on what to look out for. </p> <p>When it comes to your retirement, planning is crucial. The first step, however, is understanding how to make the most of your financial position by avoiding the mistakes many people make when it comes to planning for the future. </p> <p>Here’s a few tips from wealth management firm BT Financial Group on how to avoid the speed bumps you may find along your financial journey. </p> <p><strong>Too little too late</strong> <br />The government has deliberately set up the superannuation system to favour those who start early and stay on track. Those who leave it to the last minute often do so at their own peril. Start as soon as possible and map out your road to financial freedom.</p> <p><strong>Pay unnecessary taxes</strong> <br />There are many simple, legal ways to make sure you’re not paying more tax than you need. Check with your financial planner or accountant if you’re making the most of the tax incentives offered by the government.</p> <p><strong>Fall for investment fads</strong> <br />This probably poses the greatest single danger to your prosperity. Technology stocks in the late 1990s and speculative miners in the late 2000s were very tempting when they were rising fast. Your best weapon against this temptation is to develop a disciplined investment plan and stick with it.</p> <p><strong>It won’t happen to me</strong> <br />Wealth management is just as much about protecting your assets as it is about building wealth. Make sure you have a “Plan B” to pay off your house and look after your family if you were to die or be permanently unable to work. Your ability to earn money is actually your most valuable asset, so it’s vital to protect that asset with income protection insurance.</p> <p><strong>Fail to plan</strong> <br />As the old adage goes, “if you fail to plan, you plan to fail”. If you can articulate your goals and visualise what achieving those goals looks like, you are well on your way to achieving them. Write down your three most important goals and keep them in a safe place to review at least once a year.</p>

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More than a story of treasures: revisiting Tutankhamun’s tomb 100 years after its discovery

<p>On November 4 1922, a young Egyptian “water boy” on an archaeological dig is said to have accidentally stumbled on a stone that turned out to be the top of a flight of steps cut into the limestone bedrock. </p> <p>The stairs led to one of the most spectacular archaeological discoveries in history and the only almost intact funerary assemblage of a pharaoh – the Tutankhamun’s tomb.</p> <p>A century after this discovery, it’s worth revisiting the story of Tutankhamun’s tomb and how it eventually became a symbol for Egyptian nationalism.</p> <h2>The ‘child king’</h2> <p><a href="https://egyptianmuseum.org/explore/new-kingdom-ruler-tutankhamun">Tutankhamun</a> is often referred to as a “child king” and the “most famous and least important” of the pharaohs; he was almost unknown to history before the tomb’s discovery. </p> <p>The son of one of the most controversial pharaohs in history – the champion of monotheism, <a href="https://www.arce.org/resource/akhenaten-mysteries-religious-revolution">Akhenaten</a> – Tutankhamun ascended the throne around age six or so. After a rather uneventful reign of restoring temples and bringing Egypt out from a period of political and religious turmoil, he died sometime between the age of 17 and 19. </p> <p>The discovery of his tomb full of magnificent and unique objects is more than a story of treasures. This is also a tale of the “roaring 20s” in the Middle Eastern version: a story of a quintessential embrace of class, privilege and colonialism juxtaposed against struggle for political freedom and building of new national identity. </p> <p>Archaeology 100 years ago was <a href="https://visit.bodleian.ox.ac.uk/event/tutankhamun-excavating-the-archive">very different</a>. </p> <p>None of the three male protagonists behind the discovery – Howard Carter (the lead British excavator), Lord Carnarvon (the man behind the money), and Ahmed Gerigar (the Egyptian foreman) – were formally trained as archaeologists.</p> <p>Despite this, Carter is now almost always referred to as an archaeologist, but Gerigar <a href="https://www.smithsonianmag.com/smart-news/remembering-unsung-egyptians-who-helped-find-king-tut-tomb-180980074/">almost never is</a> – further entrenching colonial narratives.</p> <p>But Carter’s three-decade-long excavation experience, draughtsman’s talent and his meticulousness, allied with the photographic aptitude of <a href="http://www.griffith.ox.ac.uk/discoveringtut/burton5/burtoncolour.html">Harry Burton of Metropolitan Museum</a> and the skills of the Egyptian excavators assured Tutenkhamun’s tomb – the only discovery of its type and arguably one of the most important archaeological finds ever – was recorded in a systematic and “modern” way.</p> <h2>The painter who became an archaeologist</h2> <p>Howard Carter was a young painter who fell in love with Egyptian antiquities while following his father, also a painter, into the houses of London’s elite to add drawings of pets to his father’s portraits. </p> <p>In 1891, age 17, Carter was recommended as an illustrator to archaeologist Percy Newberry, and joined him at a dig in Egypt at <a href="https://benihassan.com/">Beni Hassan tombs</a>. From this first trip to his death in 1939, Carter spent his life mostly in Egypt with short trips back to London to <a href="https://www.theguardian.com/culture/2022/aug/13/howard-carter-stole-tutankhamuns-treasure-new-evidence-suggests">deal in antiquities</a>, including those allegedly stolen from Tutankhamun’s tomb. </p> <p>After Beni Hassan, Carter became an illustrator for one of the fathers of Egyptology, William Flinders Petrie in <a href="https://en.wikipedia.org/wiki/Amarna">Tell el-Amarna</a>, the capital of Tut’s father Akhenaten. </p> <p>Carter then worked in <a href="https://en.wikipedia.org/wiki/Deir_el-Bahari">Deir el-Bahari</a>, the funerary temple of queen pharaoh Hatshepsut, located right on the other side of the limestone ravine known as the Valley of the Kings. </p> <p>It is here, on the western bank of the Nile I also trace some of my humble early experiences in Egyptology. </p> <p>Walking at dawn from our base at the Metropolitan Museum house in Deir, which Carter frequented, to the temple, I followed in his footsteps and mused on how lucky he was when the “water boy” stumbled upon a staircase to the tomb.</p> <p>That year, 1922, was supposed to be the last season after seven fruitless years of digging in the Valley in search of Tutankhamun’s elusive resting place. </p> <p>After clearing the staircase, Carter found the doorway sealed with <a href="https://en.wikipedia.org/wiki/Cartouche">cartouches</a> – the hieroglyphs which enclose a royal name. He ordered the staircase to be refilled, and sent a telegram to Carnarvon, who arrived from England two-and-a-half weeks later.</p> <p>On November 26 Carter made a “tiny breach in the top left-hand corner” of the doorway. </p> <p>Carnarvon asked, “Can you see anything?” and Carter <a href="https://museum.wa.gov.au/whats-on/tutankhamun-wonderful-things/">replied</a> with his famous line: “Yes, wonderful things!”</p> <p>Across 3,000 years, about 300 pharaohs ruled ancient Egypt. All royal tombs had been broken into by thieves.</p> <p>The spectacular find of Tut’s tomb was also not a fully intact discovery. The tomb had been looted twice in antiquity, and Carter estimated that a considerable amount of jewellery was stolen. But it is the only surviving almost complete funerary assemblage.</p> <p>Consisting of over 5,000 objects, only <a href="https://podcasts.apple.com/in/podcast/tutankhamun/id463700741?i=1000460805430">30%</a> have been studied so far.</p> <h2>A story of its time</h2> <p>Following <a href="https://en.wikipedia.org/wiki/Unilateral_Declaration_of_Egyptian_Independence">Egyptian independence</a> on February 28 1922 and the establishment of an independent <a href="https://en.wikipedia.org/wiki/Kingdom_of_Egypt">Kingdom of Egypt</a>, the discovery of Tutankhamun’s tomb became an optimistic symbol for Egyptian nationalists. </p> <p>After the initial documentation, the official opening of the tomb in early 1924 coincided with the inauguration of Egypt’s first elected parliament.</p> <p>Despite the new independence, colonial attitudes continued. Lord Carnarvon sold the rights to the story of the discovery of Tut’s tomb to the London Times for a significant sum.</p> <p>Given the delay of a couple of weeks with sending photos on the ship from Cairo to London, Egyptian newspapers and readers were only able to follow the unfolding discovery from reading delayed British press. This caused a lot of resentment among the newly independent Egyptians, especially the middle classes.</p> <p>Nevertheless, the discovery was very significant for nation building and new national post-colonial identity. </p> <p>Taha Hussein, a notable Egyptian philosopher of the time, coined a notion of “<a href="https://raseef22.net/article/1074731-are-we-arabs-pharaohs-phoenicians-or-assssyrians-a-question-raised-since-1933-by">pharaonism</a>”. This unified national identity was supposed to transcend religious and ethnic differences between Arab, Muslim, Coptic and Jewish Egyptians. </p> <p>It remains a tool of propaganda to this day – notably with a parade of <a href="https://www.bbc.com/news/world-middle-east-56508475">22 mummies moving to a new national museum</a> and a lavish re-opening of the <a href="https://grandegyptianmuseum.org/">Grand Egyptian Museum</a> soon, where much of the treasures from Tutankhamun’s tomb can be found today.</p> <p><em>Image credits: Getty Images</em></p> <p><em>This article originally appeared on <a href="https://theconversation.com/more-than-a-story-of-treasures-revisiting-tutankhamuns-tomb-100-years-after-its-discovery-193293" target="_blank" rel="noopener">The Conversation</a>.</em></p>

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New discovery: really good violins make hidden, subtle sounds

<p>What makes a good violin sound so good? According to new research, <a href="https://dx.doi.org/10.1121/10.0014600" target="_blank" rel="noreferrer noopener">published</a> in <em>The Journal of the Acoustical Society of America</em>, at least part of the reason is extremely subtle extra notes the best instruments sounds out.</p> <p>When two musical notes are played, listeners can sometimes hear “combination tones”: an additional, subjective note that comes from the way the <a href="https://cosmosmagazine.com/health/body-and-mind/explainer-cochlear-implants-function/" target="_blank" rel="noreferrer noopener">cochlea</a> processes the two sound waves in the inner ear.</p> <p>Some musical instruments can also make combination tones themselves: called “objective combination tones.” These subtle notes are produced in the instrument, rather than the ear.</p> <p>Not all instruments can make these objective combination tones – but this new research shows the surprising news that violins can.</p> <p>“Up to now, the combination tones generated by the violin were considered too small to be heard, and therefore, of no importance in music,” says study co-author Giovanni Cecchi, of the Università di Firenze, Italy.</p> <p>“Our results change this view by showing that combination tones generated by violins of good quality can be easily heard, affecting the perception of the intervals.”</p> <p>The researchers got a professional violinist to stand in the centre of a musical auditorium and play a series of <em>dyads</em>: two notes played simultaneously.</p> <p>The violinist played dyads on five different violins, all of different ages and qualities, and the researchers recorded the tones.</p> <p>Each violin produced combination tones in all of the dyads. The strongest of these notes was at a slightly lower tone than those of the dyads.</p> <p>Each instrument made the combination tones at different volumes (or amplitude), depending on the instrument’s air resonance.</p> <p>“We found that combination tones were much stronger and clearly audible in good violins,” says Cecchi.</p> <p>“The strongest one was found in an old Italian violin, made in Bologna in 1700 by the famous luthier, Carlo Annibale Tononi.</p> <p>“Combination tones were instead negligibly small in violins of poor quality.”</p> <p>Next, the researchers are investigating more violins to see which part of the instrument causes these objective combination tones.</p> <p><em>Image credits: Getty Images</em></p> <p><em><!-- Start of tracking content syndication. Please do not remove this section as it allows us to keep track of republished articles --> <img id="cosmos-post-tracker" style="opacity: 0; height: 1px!important; width: 1px!important; border: 0!important; position: absolute!important; z-index: -1!important;" src="https://syndication.cosmosmagazine.com/?id=221273&amp;title=New+discovery%3A+really+good+violins+make+hidden%2C+subtle+sounds" width="1" height="1" /> <!-- End of tracking content syndication --></em></p> <div id="contributors"> <p><em>This article was originally published on <a href="https://cosmosmagazine.com/science/combination-tones-violins/" target="_blank" rel="noopener">cosmosmagazine.com</a> and was written by Ellen Phiddian. </em></p> </div>

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