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Borrowers should brace for 15% drop in house prices as interest rates rise, RBA warns
The Reserve Bank warns of serious risks for those heavily in debt with limited savings reserves, while painting a generally optimistic picture of the resilience of Australian households in the face of rising interest rates.Key…
These are the most expensive homes up for auction this weekend
The country's real estate market faces its biggest test of 2022 so far, with a Certified Auction Super Saturday taking place this weekend. According to data from Domain, a staggering 3116 auctions are scheduled in capital cities across the…
Giving investors a 16-hour trading window, moomoo hits record number of users
SYDNEY, April 8, 2022 /PRNewswire/ -- Moomoo, the next-generation one-stop digital financial services platform, announced that it has accumulated more than 18 million users from over 200 countries and regions with its sister brand.…
Do you really need to save a 20% deposit?
" really unrealistic for a lot of people, the expansion of the scheme is...an admission that it's very hard and getting harder,” said Richard Whitten, senior home loans editor at Finder.First-time home buyers have often been encouraged to…
Westpac and NAB expect Reserve Bank of Australia interest rate hike in June, followed by others
Australians paying off a typical home loan could owe an extra $616 a month on their mortgage within a year as interest rates climb for the first time in a decade.Westpac, Australia's second-largest bank, has updated its forecast for the…
UK Buyers at Westfield Shopping Centers Benefit from BNPL Option
Customers at more than a dozen stores in London's Westfield shopping centers and Stratford City can now use a buy it now, pay later (BNPL) option when shopping, Bloomberg reported on Wednesday (April 6).
Clearpay Finance Solutions, a…
Australia’s most affordable regional towns for city escapees
In New South Wales, the Upper Hunter had a median house price of $373,000 last year, according to PRD figures, with an average rental yield of 6.4%, higher than Sydney's by 3 .5%.LoadingThe region's unemployment rate is just 2.4% and the…
Celtic and Rangers face financial blow after confirmed news
Alan Hutton has suggested Rangers and Celtic are suffering a blow after the Light Blues pulled out of the Sydney Super Cup. Addressed exclusively to Football Insiderthe former Gers defender and Rangers TV pundit insisted the Ibrox…
NSW flood victims face new struggle for accommodation amid holiday bookings
Some NSW Northern Rivers families displaced by the floods claim they are now being forced to vacate the temporary accommodations to make way for tourists who have booked the Easter holidays there.Residents of the coastal resort town of…
Four things to know about Signature Loans
LOS ANGELES – April 4, 2022 – (Newswire.com)
iQuanti: Signature Loans are quick and easy loans that can get you funds the same day you apply. From cash advances to installment loans, there are plenty of signature loans that come with…
Real estate in Sydney and Melbourne: A shortage of affordable housing is costing millions
An overlooked problem at the heart of Australia's property market is having increasingly dire consequences, according to new research.The shortage of social and affordable housing in Australia is costing communities tens of millions of…
Greensill Capital accused of fraud as battle to recoup losses intensifies
Japanese underwriter Tokio Marine has accused Greensill Capital of using 'fraudulently obtained' insurance policies, firing the latest salvo in the battle over who pays for the collapse of the supply chain finance company based in…
In the Solomon Islands, Australia’s largesse in the face of a challenge from China | Poverty…
When the Solomon Islands, an impoverished country 2,000 kilometers (1,200 miles) east of Australia, announced the drafting of a new security agreement with China late last month, officials Australians have warned that the move could…
Why are real estate prices falling sooner than expected?
“The evidence is pretty clear. Prices peaked in the two largest capitals. Affordability has become tight because prices have risen so much. There is a limit to how high they can go,” he said."You can't keep growing indefinitely and that…
Why are small loans gaining popularity in today’s environment? Here are the reasons
Being the second most populous country in the world, India has always needed credit. But with the complex lending…
Wolgan Valley estate Barton attracts unprecedented 500 inquiries
A little-known escarpment estate just down the road from Australia's most exclusive 6-star resort is attracting huge interest.A little-known escarpment estate just down the road from Australia's most exclusive and probably most expensive…
Guests sworn to secrecy ahead of Sydney society wedding
"I've gone through 20 years of receipts and nowhere have this person's details appeared in our system. When I googled his number, his role in the Spender campaign came up,” the business owner said.Ms Spender said she became aware of the…
Photos processed to recover 3.5,000 loan, police target on application | Aurangabad News
Aurangabad: Aurangabad Rural Police cyber cell has filed a complaint against an app offering instant loans after some recovery agents allegedly transformed photographs of a man (26) and circulated them among his contacts in the purpose of…
What will happen to Qld housing as the population explodes?
“The last time we had such high migration was probably in the 2000s when we had a period of very rapid population growth. It is mostly concentrated in the southeast corner of the state."Where a place loses is usually to Queensland's net…
Police dismantle alleged criminal syndicate involved in fraudulent Covid disaster payments
“Deliberate” and “coordinated” fraudsters who allegedly received fraudulent Covid disaster payments from the NSW Government will be brought to justice.Three men have been charged by police after they allegedly claimed more than $1.3 million…
ASX poised to open higher despite Wall Street tumble
Negotiations between Russia and Ukraine remain uncertain, however, and Russian bombardments in areas they said would dampen optimism about the prospects for resolving the conflict.Tech stocks were among the largest weightings in the broader…
7 New Altcoins Added to Nebeus Crypto Lending
Disclaimer: The text below is a publicity article that was not written by Cryptonews.com reporters.Nebeus, is a Spanish cryptocurrency application that provides an entire…
Sydney’s property boom is ‘officially over’, experts say
After two years of soaring values and incredible sales results, experts said Sydney's pandemic-induced property boom was "officially over".After two years of soaring property values, experts have said Sydney's pandemic-induced property…
Mounting pressure on Star amid investigation | Liverpool City Champion
Star Entertainment is facing a class action lawsuit from shareholders in addition to a public inquiry over whether it should keep its Sydney casino license.Law firm Slater and Gordon has filed a class action lawsuit against Star, seeking…
Mumbrella CommsCon Awards shortlist announced, Ogilvy PR receives seven nominations
Ogilvy PR has selected seven shortlisted entries in five categories for this year's Mumbrella CommsCon Awards.These categories included Best Influencer Strategy, Best PR Employer, and two nominations each for Best Low Budget Campaign and…
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Real estate investor Eddie Dilleen, 30, with 43 homes, reveals his secrets to success
A 30-year-old property investor who owns a staggering 43 homes has revealed why others shouldn't be slow to enter the market - and his secrets to building a successful portfolio.At 18, Eddie Dilleen, from Mt Druitt in western Sydney, bought…
Federal Budget 2022: Millions of Australians set to receive a one-time $250 cash payment within…
Australian pensioners are in line for a one-time cash payment of $250 as part of the federal government's plan to lessen the impact of the rising cost of living.7NEWS political editor Mark Riley, who broke the news of the cash boost,…
The Arrogance of the Rhode Island Payday Loan Industry
It's been a while since in-person committee meetings have been held by the Rhode Island Senate in rooms without cameras, which means those hearings aren't live streamed, or even taped, beyond a pretty bad audio recording.UpriseRI brought a…
Bing Lee’s son Cedric is selling his luxurious $8.8 million Whale Beach property
Bing Lee's son Cedric is selling his luxurious $8.8 million Whale Beach property, right next door to Jennifer Hawkins and Jake WallBy A. James Daily Mail Australia Published: 3:16 a.m. EDT, March 25, 2022 | Update:…
Live markets, Friday, March 25, 2022
From the pandemic to the Greek debt crisis, exchange-traded funds have operated business as usual during some of the markets' toughest times. But with Russia's war on Ukraine, the industry is finally facing an event it cannot…
No negative impact on SMHL Series 2018-1 fund rating following collateral substitution
Valuation Announcement: Moody's: No Negative Impact on SMHL Series 2018-1 Fund Rating Following Collateral Substitution The loans granted to the SMHL Series 2018-1 Fund on March 25, 2022 (the Substitution) would not result, in itself and at…
Top 5 Tips for Becoming a Successful Stock Trader
Anyone can become a trader, but a successful trader takes hard work and effort. Keep in mind that many people want to enter the ranks of master traders and earn the kind of money that goes with it. A good education in fundamental…
Australia’s suburbs and postcodes face greatest financial pressure
A new study has found that the number of Australian households under financial pressure has increased by 10% since the start of the pandemic, with around one in…
‘We can stop sinking’: Lawmakers mark anniversary of Illinois’ break with payday…
SPRINGFIELD, Ill. (NEXSTAR) – Lawmakers celebrated the one-year anniversary of the passage of the Predatory Loan Prevention Act (PLPA) on Wednesday.
The PLPA sets a statutory maximum interest rate for consumer loans at 36%.…
Budgeting tips: shock the Aussie with a $100,000 budget
A breakdown of how a 28-year-old project manager spends her $100,000 salary in Sydney has shocked a number of Australians.A breakdown of how a 28-year-old project manager spends her $100,000 salary while living in Sydney has shocked a…
Bing Lee’s Son Cedric Lee Lists Whale Beach Home Next To Jennifer Hawkins And Jake…
Bing Lee's son Cedric Lee has listed his Whale Beach weekend - and it's right next door to Jennifer Hawkins and Jake Wall's planned $30 million mansion.Cedric Lee, son of electrical retailer Bing Lee, has listed Whale Beach weekender - and…
5 Unstoppable Fintech Stocks to Buy Right Now
Financial technology, or fintech, describes the transformation of legacy industries like consumer credit and insurance by innovative technology companies.
New advanced tools using artificial intelligence and…
Markets live, Tuesday, March 22, 2022
Australia's financial sector is up 1.2% today, with strong gains in major banks and insurers.Bendigo and Adelaide Bank rose 1.8%, Suncorp 1.6%, NAB 1.4% and Westpac 1.2%.Commonwealth Bank was back to four-month highs at $107.30 this…
Blocking or unblocking? Australians living in the outer suburbs will decide the outcome of the…
Here is a press release issued by the National Growth Areas Alliance (NGAA).Monday, March 21, 2022 - The pandemic has "challenged the decades-long assumption that CBDs are the beating heart of Australia's economy" and "the 2022 general…
Treasury launches plans for Reserve Bank post-election review
However, while the country has a large number of highly respected economists, the number of experts in the highly specialized field of monetary policy is much smaller. This sparked talk that the government may have to bring in someone from…
Parramatta’s Client-Focused Financial Services: How ZENRG Finance Provides Clients with…
Located in Parramatta, Sydney, Zenrg Finance offers financial services such as mortgage brokerage, property investment, financial coaching and expert services for first time home buyers. ZENRG Finance aims to help families and…
This week’s top stories: Canadian housing forecasts need fixing and supply issues are…
It's time for your cheat sheet on this week's top stories. Canadian real estateCanadian house prices set to fall 24%, may collapse 40%: Oxford EconomicsOxford Economics has just warned its clients that house prices are about to undergo a…
Payday loans you need to know near me
Payday loans you need to know near me
Loans near me personally is rated as the most favorite phrase people have used lately
There has clearly been an event where you imprumuturi…
Sydney property prices: Sydney property world’s second least affordable place to buy a house
Sydney has become the second most expensive place to buy a house in the world as the years it takes the average Australian to save for a deposit are revealed.Sydney is the second least affordable place in the world to buy a home, while…
Home without water view sets new Rodd Point record at $6.415 million
It took just five minutes to break the sales record in this suburb as four bidders fought hard and fast at auction for the chance to win this home. See how much it sold for.A family's forever home broke the sales record in Rodd Point after…
Doorstop – Stop It When Launching Start Phase Four Campaign
Minister Ruston: Thank you very much for being here today. Today we are at CommBank Stadium to announce a $19 million campaign called Stop it at the Start. Stop it at the Start is the Federal Government's leading prevention campaign that…
Are neobanks the future of banking?
In this golden age of technology, our lives are becoming increasingly digital in the way we order food, apply for a job, or conduct financial transactions. In this accelerated digital age, people want to save!-->…
Woollahra Woodlands mansion, Sydney home of Elton John and Chris Hemsworth, sells for over…
Sydney's mysterious private mansion, Woodlands, owned by a former Crown Casino boss and the Sydney residence of Chris Hemsworth and Elton John, has sold for over $30 million.Woollahra's mysteriously private Woodlands mansion, owned by a…
Don’t spend money on budget, businesses warn as rents rise
Consumers expect inflation to pick up. ANZ's weekly consumer sentiment gauge showed inflation expectations at 5.6%, the highest level since late 2012, while buyer confidence fell sharply due to the impact of high oil prices.…
$75.89 million in expected sales for Brookline Bancorp, Inc. (NASDAQ:BRKL) this quarter
Wall Street brokers expect Brookline Bancorp, Inc. (NASDAQ:BRKL - Get Rating) to post $75.89 million in sales for the current quarter, reports Zacks Investment Research. Two analysts released earnings estimates for Brookline Bancorp.…
Inside Hamish and Zoe Blake’s $4.3million new home on the New South Wales south coast
Hamish Blake and his wife Zoe have bought a stunning retreat in an area where a number of their other well-known celebrities live. Take a look inside.Celebrity couple Hamish Blake and Zoe Foster Blake have followed in the footsteps of a…
National Australia Bank sales target welfare of at-risk customers
NAB has confirmed that financial metrics make up less than 20% of a retail employee's overall performance metric, in line with Sedgwick's review that outlined ways banks can increase consumer protection while using lenses.Krissie Jones,…
Food shortages, riots, – there is no shelter from the cost of living storm
THE web is buzzing with black humor. . . the wine lover spitting out a mouthful of plonk and complaining, "No wonder it's expensive, it tastes like gasoline!"
Supermarket sign: “Wine is now cheaper than fuel — drink, don't drive.Or this…
Brokerages expect Renasant Co. (NASDAQ:RNST) to post EPS of $0.58
Brokers expect Renasant Co. (NASDAQ:RNST - Get Rating) to report earnings of $0.58 per share for the current fiscal quarter, Zacks reports. Four analysts provided earnings estimates for Renasant, with the lowest EPS estimate of $0.51 and…
Sydney students and staff furious at Macleay College for cutting journalism classes
Students in Sydney were shocked when they opened their email on a Friday night to find "bloody awful" news waiting in their inboxes.A handful of students in Sydney were shocked when they opened their email on a Friday evening to find…
Lobbyist Michael Kauter swaps Woollahra for $9.5m Mosman digs
Clements was previously a local in Queens Park, where architect Scott Weston redesigned his Federation semi-trailer in 2010, which it sold a year ago for $3 million.Clements held arguably Australia's top women's magazine publishing job for…
Lufax Holding Ltd Announces Dividend of $0.32 (NYSE:LU)
Lufax Holding S.A. (NYSE:LU - Get Rating) announced a -- dividend on Friday, March 11, reports The Wall Street Journal. Investors of record on Friday April 8 will receive a dividend of 0.32 per share on Friday April 22. This represents…
Sydney’s work-from-home suburbs could be losing their luster
“House prices are slowing after soaring during the pandemic, with soaring prices reducing affordability. Additionally, rising fixed mortgage rates and expectations that variable mortgages will rise also weighed on prices.It comes as house…
Why gas prices will hurt beyond the bowser
"Australia does not import large quantities, but taking this step with key partners will collectively reduce Russia's revenue and ability to fund Russian President Vladimir Putin's unwarranted war against Ukraine," he said. she stated.Mr…
NSW Planning Minister pledges to act on area housing shortage and promises floodplain review
There is big news for people looking to buy property in NSW, with a senior minister promising to resolve a 'dramatic' issue.The NSW Planning Minister has admitted regional areas are suffering from a "dramatic" housing shortage and has…
Chinese tycoon behind nickel ‘big short’ has power to fuel more drama
Opaque marketHow Xiang got here is a story that encompasses China's emergence as a global economic giant. It also highlights the risks of an opaque market where a handful of players play outsized roles, deciding how and where buyers like…
Should you build, get out of plan, buy a new home or try an established home next?
Home prices and construction costs have surged during the pandemic, and with new home shortages expected over the next decade, where you get your next home has never been more complex.Building a new home or buying an established home to…
F45 founder’s stunning three-level oceanfront Sydney mansion up for auction for $17.5million
The ultimate bachelor pad! F45 founder's stunning three-level Sydney waterfront mansion with leisure centre, wine cellar and cocktail bar up for auction for $17.5millionBy A. James Daily Mail Australia Published: 6:32…
Nominations are open for BlackLine’s 2022 Modern Accounting Awards
Annual global awards program to recognize organizations that have embraced modern accounting to drive transformational resultsLOS ANGELES, March 9, 2022 /PRNewswire/ -- Accounting automation software leader BlackLine, Inc. (Nasdaq: BL) is…
Australia to declare east coast flooding a national emergency
CANBERRA, Australia (AP) — Australia's prime minister said Wednesday he would declare a national emergency following flooding across large swaths of the east coast that killed 22 people.Prime Minister Scott Morrison made the announcement…
Markets live, Wednesday, March 9, 2022
Shares closed lower on Tuesday after another wobbly trading day on Wall Street as oil prices climbed after the United States banned imports from Russia.The economic fallout from his invasion of Ukraine also rattled the nickel market,…
The short-term stake in Peoples Financial Services Corp. (NASDAQ:PFIS) rises 25.4%
Peoples Financial Services Corp. (NASDAQ:PFIS - Get Rating) was the target of a surge in short interest in February. As of February 15, there was short interest totaling 63,200 shares, an increase of 25.4% from the total of 50,400…
Vilon Point Piper is the absolute pinnacle of Sydney living
Heaven on earth exists. And you'll find it at the exclusive Vilon Point Piper resort.
It's hard to imagine a (metaphorical) ceiling in the conversation of Sydney's luxury property market these days. With boutique developments like the…
Prepare for Frydenberg Infrastructure Rotation
The press gallery naively swallowed Josh Frydenberg's pre-budget infrastructure trick last year, so there's every reason to expect him to repeat the trick later this…
Sydney’s best performing suburbs doubled in value in 2021
House prices in Sydney have seen record gains in 2021, with some suburbs doubling in value in 12 months, according to new research.
Shore Financial looked at Sydney's top performing suburbs at different price points, ranging…
Short-term stake in Lakeland Bancorp, Inc. (NASDAQ:LBAI) increases 39.1%
Lakeland Bancorp, Inc. (NASDAQ: LBAI - Get Rating) benefited from significant growth in short-term interest during the month of February. As of February 15, there was short interest totaling 1,530,000 shares, a growth of 39.1% from the…
Weekend Sunrise host Matt Doran and his wife Kendall Bora are listing their eastern suburbs home for…
Weekend Sunrise host Matt Doran and his wife Kendall Bora are doing property moves.According to The Sydney Morning Herald, the couple have quietly put their east suburban home up for sale for $2.55million.The warehouse-like unit features…
First-time home buyers urged to consider waiting as prices stagnate
Homebuyers looking to get a foot on the property ladder, but fear missing out as prices in our two biggest capitals become increasingly unaffordable, are urged to consider waiting and use the time to save for a larger deposit.CoreLogic's…
Horror, mom discovered the death of her son in the construction
Christopher Cassaniti had just turned 18 when a devastating situation unfolded - leading to his "horrific" and untimely death.It was April Fool's Day 2019 and Patrizia Cassaniti was in a waking nightmare.She was running towards a…
How the Pandemic, Russia Keeps Property Prices High and Interest Rates Low
The economy is rocked by uncertainty, but there are signs that Australian property prices are continuing to rise at a record high.What happened during the pandemic was totally unexpected. Think back to March 2020 and the forecast was full…
Is Cordarrelle Patterson a good choice for Miami?
Cordarelle Patterson was one of the feel-good stories of 2021, for both fantasy football and real-world play.Nobody really expected C-Patt to be a fantasy factor once he joined the Falcons as a 30-year-old veteran (he'll turn 31 in March)…
Oppenheimer brokers raise earnings estimates for SoFi Technologies, Inc. (NASDAQ:SOFI)
SoFi Technologies, Inc. (NASDAQ:SOFI - Get Rating) - Equity research analysts Oppenheimer raised their third quarter 2022 earnings estimates for SoFi Technologies in a note to investors on Wednesday, March 2. Oppenheimer analyst D.…
NSW property: Luxury home prices in Byron Bay set to rise 35%
The seaside town tops the rankings not only nationally, but internationally, among the richest people in the world.Byron Bay's prime real estate market is expected to grow more than any other area in the world over the next five…
Labor backs Anthony Albanese’s visit to WA during NSW flood crisis
Anthony Albanese and his colleagues have backed the Leader of the Opposition's decision to travel to WA amid the NSW flood crisis.Colleagues of Anthony Albanese have defended the Opposition Leader after he was criticized for traveling to…
An independent MP unveils his climate plan
Independent MP Zali Steggall is pushing the federal government to pass electric vehicle rebates, a jobs transition fund and an end to new fossil fuel developments.The MP for Warringah outlined a five-step plan to cut emissions by 60% by…
Negotiating like a gun: Qantas cabin crew
SYDNEY, AAP — Qantas flight attendants say the national carrier is trying to force them into pay cuts of up to 50% as they negotiate a new company bargaining agreement.
Garment workers also say negotiations over…
Is it good for you ?
Select's editorial team works independently to review financial products and write articles that we think our readers will find useful. We earn commission from affiliate partners on many offers, but not all offers on Select are from…
Scape hires Edzes de Bouwinvest as Chief Capital Officer
Scape has moved beyond its student accommodation roots with projects like Scape Living Aurora in Melbourne
Rental property developer Scape Australia has bolstered its management team with the hiring of Tjarko Edzes, who most recently served…
Severe COVID restrictions dampen Hong Kong’s ambition to become a green investment hub
A general view of Two International Finance Center (IFC), the headquarters of HSBC and Bank of China is seen in Hong Kong, China July 13, 2021. REUTERS/Tyrone SiuJoin now for FREE unlimited access to Reuters.comRegisterSYDNEY/HONG KONG,…
CryptoTaxCalculator Founders Raise $4 Million to Help Solve Tax ‘Nightmare’
A sibling duo from Sydney have raised $4 million from a group of leading backers to help crypto investors streamline their tax affairs as the Australian Taxation Office (ATO) steps up its crackdown unpaid taxes on digital…
Wema Bank understands the need for SME growth – TechEconomy.ng
Nigeria's leading innovative financial institution, Wema Bank Plc, has once again reaffirmed its commitment to empowering and educating Small and Medium Enterprises (SMEs) with skills and knowledge on current business trends.…
Interest rate risk will weigh more on real estate prices | Bay post-moruya examiner
news, nationalExpectations of higher official interest rates this year are expected to further dampen house price growth, having already slowed to their slowest pace since October 2020. The national CoreLogic home value index did not rose…
Natalia, the mother of Tim Tszyu, denounces Vladimir Putin and the invasion of Russia and Ukraine
The Russian-born mother of boxers Tim and Nikita Tszyu has criticized Vladimir Putin for his invasion of Ukraine.The Daily Telegraph reported that Natalia Tszyu has been in Moscow visiting her family for the past three weeks as she boldly…