Sydney JND Homes customers calling for urgent action against builder

Sydney JND Homes customers calling for urgent action against builder

There are increasing calls for NSW Fair Trading to act against a Sydney builder that has a number of unfinished home builds, some whose owners have been told their houses’ conditions are so bad they need to be demolished and built again. Kathy Mattiello is one JND Homes client who has been waiting two years … Read more

Karti Chidambaram: Karti Chidambaram appears before ED in money laundering case

Karti Chidambaram: Karti Chidambaram appears before ED in money laundering case

Congress MP Karti Chidambaram appeared before the Enforcement Directorate on Saturday in a money laundering case linked to the issuance of visa to some Chinese nationals in 2011, official sources said. The ED case pertains to the allegations of Rs 50 lakh being paid as kickbacks to Karti and his close associate S Bhaskararaman by … Read more

UK mortgages: trial to rule on deals that left people with huge debts | Mortgages

UK mortgages: trial to rule on deals that left people with huge debts | Mortgages

It was one of a list of “millennium products” lauded by the then prime minister, Tony Blair, as an example of “the very best of British innovation, creativity and design”. But, almost 25 years later, the shared appreciation mortgage (Sam) is effectively going on trial at the high court, accused of ruining lives and leaving … Read more

Stock market today: Asian markets churn upward after the Dow ticks to another record high

Stock market today: Asian markets churn upward after the Dow ticks to another record high

BANGKOK (AP) — Asian shares powered higher on Friday after the Dow Jones Industrial Average climbed to another record on excitement that the Federal Reserve might cut interest rates several times next year. U.S. futures and oil prices also advanced. Hong Kong led Asia’s gains with property developers jumping after some Chinese cities eased buying … Read more

Australians warn of dodgy loans as thousands of complaints made to government body

Australians warn of dodgy loans as thousands of complaints made to government body

Finance lenders are under increased scrutiny after claims of dodgy loans in Queensland. Matthew Timms, 24, was interviewed by 7NEWS after a frustrating ordeal with finance company, Pepper Money, which specialises in ‘consumer lending and residential mortgages’, according to their website. Timms purchased a four-wheel drive car for camping and off-road driving and was recommended … Read more

Old Pension Scheme to restrict states’ capacity to undertake development activities: RBI

Old Pension Scheme to restrict states’ capacity to undertake development activities: RBI

Mumbai: Sounding a note of caution, a Reserve Bank report has said that reverting to the DA-linked Old Pension Scheme (OPS) will exert huge pressure on state finances and restrict their capacity to undertake developmental expenditure. The Reserve Bank’s report on ‘State Finances: A Study of Budgets of 2023-24’ also said the provision of non-merit … Read more

Sir Stephen Lovegrove to chair Rolls-Royce-led nuclear consortium | Rolls-Royce

Sir Stephen Lovegrove to chair Rolls-Royce-led nuclear consortium | Rolls-Royce

A former national security adviser Sir Stephen Lovegrove is to join the Rolls-Royce-led consortium developing small nuclear reactors as chair of its board, raising concerns about the revolving door between the public and private sectors. The role, which has been approved by the Advisory Committee on Business Appointments (Acoba), will begin in the new year. … Read more

How did the labor market change in 2023?

How did the labor market change in 2023?

(NewsNation) — Americans were told taming inflation could come at a high price: Their jobs. Cooling the red-hot post-pandemic labor market is one of the main reasons the Federal Reserve started raising interest rates back in March 2022. By September of 2022, Harvard economist Jason Furman warned to get inflation down to 2% “we may … Read more

Westpac customers offered more convenience for cash transactions

Westpac customers offered more convenience for cash transactions

Westpac customers will have more bank branches available for cash transactions as part of a new plan to support customer accessibility. The company said customers can visit any Westpac, St George, BankSA or Bank of Melbourne branch across Australia for their cash transactions, with new technology now connecting the branch network. “This completes a major … Read more

‘Electronics, services exports to contain slide in growth rate;overall trade may dip 2.6 pc in 2023’

‘Electronics, services exports to contain slide in growth rate;overall trade may dip 2.6 pc in 2023’

New Delhi: Robust exports performance in electronic goods, particularly smartphones, and services sectors will help India contain the fall in growth rate of overall trade, which is expected to decline by 2.6 per cent in the current year, a report said. Economic think tank Global Trade Research Initiative (GTRI) in its report said that despite … Read more