Benutzer:Thomas R. Schwarz/Baustelle/Basispunkt

2006-03-13T03:33:54Z

MathsIsFun: Relate to Percentage Points

A '''basis point''' (bp) is '''0.01%''' and is often used in the context of [[interest rates]].

100 basis points is 1 [[Percentage point]], and 10,000 basis points is 100.00%.

When comparing two [[Percentage]] values using basis points, a simple arithmetic difference is taken. For instance, the difference between 5.01% and 5.00% will be 1 basis point.

Basis points are used among other things to measure changes in the [[yield (finance)|yield]] of a [[bond]] or moves in the [[money market]]. The smallest possible change in the [[exchange rate]] between two currencies, which is often called a '''bip''' in financial jargon, is usually one basis point.

The type of interest rate has to be specified (eg bond yield, zero-coupon yield, [[Act/360]] money market rate, [[Act/365]] money market rate, etc).

[[Category:Credit]]
[[Category:Fixed income market]]

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[[de:Basispunkt]]
[[fr:Point de base]]
[[sv:Baspunkt]]

Traralgon

2005-12-31T23:19:18Z

MathsIsFun:

[[Image:Traralgon location map in Victoria.PNG|thumb|200px|Location of Traralgon in Victoria (red)]]

'''Traralgon''' is a regional city located in the [[Latrobe Valley]] in the [[Gippsland]] region of [[Victoria (Australia)|Victoria]], [[Australia]]. Traralgon's population at the [[2001]] Australian [[census]] was 25,018 people. Traralgon is in the [[Local Government Area]] of [[Latrobe City]] and is currently the administrative centre although this will soon move to the neighbouring city of [[Morwell, Victoria|Morwell]]. The name Traralgon is derived from the local [[Indigenous Australian|Aboriginal]] words 'Tarra' meaning 'big river' and 'Algon' meaning 'little fish', probably referring to Traralgon Creek.

==History==

The Gippsland region was originally inhabited by the indigenous Ganai people for a period in excess of 20,000 years.

The area around Traralgon was first settled by Europeans in the [[1840s]] soon after being explored by [[Pawel Edmund Strzelecki|Count Pawel Strzelecki]] on his return from the [[Snowy Mountains]] where he named Australia's highest peak, [[Mount Kosciusko]]. Due to the [[Latrobe Valley]] having relatively high rainfall, the land is very fertile, and farming was quickly established. As with much of central and western Gippsland this was mainly dairy farming.

In [[1877]] the railway from [[Melbourne]] was completed giving Traralgon a major economic boost. In the latter part of the 18th century the city grew strongly.

It was not until the 1930s however that Traralgon began to move away from a farming based economy. In 1936 Australian Paper Manufacturers established a paper mill at [[Maryvale]], around 8km from Traralgon.

In [[1960]] Traralgon's most famous son [[Frank Macfarlane Burnet|Sir Frank Macfarlane Burnet]] jointly won the [[Nobel Prize]] for Physiology and Medicine.

Through the [[1950s]] residents and councillors fought to separate Traralgon from the Shire of [[Morwell]], which occurred in [[1961]] when Traralgon formed its owned Borough, righly named the Borough of Traralgon. Traralgon was proclaimed a city in [[1964]].

Further development resulted from the expansion of the power generation industry following [[World War II]], particularly through the now defunct [[State Electricity Commission|SEC]]. Which included large expansions at [[Yallourn Power Station|Yallourn]] and [[Hazelwood power station|Hazelwood]] Power Stations and the construction of the massive [[Loy Yang Power Station]] in the [[1970s]] and [[80s]].

The establishment of the [[Australian Securities and Investments Commission|Australian Securities and Investments Commission (ASIC)]] information processing centre in the late [[1980s]], which employs around 400 people.

Completion of the Loy Yang power stations, extensive voluntary departures from the electricity industry and privatisation of the Victorian electricity industry in the early [[1990s]] had devastating effects on the economy of the [[Latrobe Valley]]. Traralgon with a more diversified economy suffered to a lesser extent than the neighbouring towns of Morwell and [[Moe, Victoria|Moe]] both of which relied almost exclusively on the power stations for their livelihood.

Traralgon is now one of Victoria's most prosperous rural cities and the economic heart of the Latrobe Valley.

==Modern Traralgon==

Perhaps due to its rapid development, Traralgon has retained little of its historical architecture. Notable exceptions are the Post Office and Courthouse erected in [[1886]] and Ryans Hotel erected in [[1914]]. Both are in Franklin Street.

The Traralgon [[central business district]] is centred around Seymour and Franklin Streets. A sub-regional shopping centre has also been been constructed.

The Traralgon economy is still heavily reliant on the power industry and the paper mill for employment. Other significant employers include the [[Australian Securities and Investments Commission]] (ASIC) and [[Centrelink]].

==Local Media==

===Newspapers===

The [[bi-weekly]] [[Latrobe Valley Express]] newspaper is delivered to all homes on Monday and Thursday nights, in Traralgon and [[Morwell]]. The [[weekly]] [[Traralgon Journal]] is delivered to all homes on Tuesday nights, this paper is much small than the express and usually has 8 pages of content.

===Television===

Melbourne based television networks such as the [[Seven Network|Seven]], [[Nine Network|Nine]] and [[Channel Ten|Ten]] networks are all re-broadcasted in the [[Latrobe Valley]] by their regional affiliates, which are [[Prime Television]], [[WIN Television]] and [[Southern Cross Ten]] respectively. All three channels have local commercials placed on the channels. Most Melbourne channels (Seven Network, Channel Nine, Channel Ten) can be received in analogue and more clearly in [[Digital terrestrial television|digital tv]] in Traralgon with a suitable roof-top antenna. Both national [[Public broadcasting|public broadcasters]] the [[Australian Broadcasting Corporation]] and [[Special Broadcasting Service]] are broadcast to the Latrobe Valley as well.

===Radio===

There is only two radio stations with their studios located in Traralgon, which are [[3TR FM]] and [[3GV]] broadcast along with the television channels from [[Mt. Tassie]]. Most [[Australian Broadcasting Corporation]] stations are rebroadcast locally, and available in Traralgon, along with [[774 ABC Melbourne]] which is able to be received from [[Melbourne]].

==Events==

* Traralgon Show (November)
* Traralgon Cup (November)

==External links==

* [http://www.latrobe.vic.gov.au Latrobe City Website]
{{Mapit-AUS-suburbscale|long=146.5333|lat=-38.1833}}

[[Category:Towns in Victoria]]

Wikipedia - Benutzerbeiträge [de]

Benutzer:Thomas R. Schwarz/Baustelle/Basispunkt

Traralgon