Industrial: Irish Republic

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Departing King Sturge boss sets up new HQ

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Moves to dampen investment borrowing have been so effective, banks are now offering better rates for interest only loans

first_imgExperts predict levels of interest only loans may increase.DEMAND for interest only loans had dropped so substantially that some banks were reducing their rates to try and entice more borrowers.Moves to dampen enthusiasm for interest only loans earlier this year had, had a dramatic affect on that type of lending.According to Mortgage Choice’s latest home loan approval data, there has been a significant decline in the proportion of interest only loans written by the brokerage in Queensland between April and September 2017.At the time banks dramatically lifted their interest rates on these types of loans.More from newsMould, age, not enough to stop 17 bidders fighting for this homeless than 1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investorless than 1 hour agoMortgage Choice Ormeau principal Deslie Taylor said in March this year the Australian Prudential Regulation Authority ordered banks to limit their level of interest only loans to 30 per cent of all new residential mortgages.As a result, many significantly increased interest only home loan rates to reduce the demand for this lending.“However, it seems for some lenders at least, the pendulum may have swung a little past its centre point and they are now working on bringing it back into place.’’Ms Taylor said in recent weeks lenders had started to reduce the rates on their interest only loans. This meant it was a good time she said for borrowers or those considering buying to look at what was available.“Borrowers will just need to show good reason for wanting an interest only loan,’’ she said.Mortgage Choice data showed that during September interest only loans accounted for 12.61 per cent of all home loans written in Queensland — down from 31.29 per cent in April.last_img read more

$1.4b fall: Investor retreat likely to be long term now

first_imgInvestor borrowing for housing has continued to fall since APRA began its crackdown, which could impact places like the Gold Coast that attract a lot of southern buyers.INVESTOR borrowing for the housing market has dropped by a massive $1.4b in the past year, a fall analysts now believe will be long term — giving fresh hope to first home buyers.Latest housing finance figures by the Australian Bureau of Statistics show investor housing commitments were down by 2.6 per cent in December last year, which saw a fall of 10.5 per cent over 2017, seasonally adjusted.RateCity money editor, Sally Tindall, said the fall was a direct result of intervention by government regulator the Australian Prudential Regulation Authority.“APRA has been trying to curb investor lending for four years now. They’re finally getting long-term results,” she said.“The first time APRA cracked down on investor lending we saw an immediate drop in investor figures but the numbers started climbing back up within six months. This time around, APRA seems to be hitting the mark.”She said the 10.5 per cent drop equated to a fall of $1.4 billion in the past 12 months to investors.“First home buyers have been making traction over the last year, taking advantage of the retreat from investors. Today’s figures, while marginally down from the previous month, show a year-on-year increase in market share from 13.8 per cent to 17.9 per cent. It’s good to see these buyers securing a bigger slice of our property market.”More from newsParks and wildlife the new lust-haves post coronavirus21 hours agoNoosa’s best beachfront penthouse is about to hit the market21 hours agoThe figures showed investors borrowed a whopping $11.81b year on year.Investor housing, year on yearDec.-16 $13.199bDec.-17 $11.816bFall in $ $1.383bPercentage drop 10.5 per centSource: ABS/RateCitylast_img read more

Second central Indiana gridder seriously injured during play

first_imgBatesville, In. — A second central Indiana high school football has been hospitalized due to a game injury this weekend.Columbus North High School junior quarterback Trenton Kelley was first hit early in the first quarter in the game at Center Grove. Kelley was hit again two plays later and did not return. Reportedly Kelley suffered a ruptured spleen and underwent surgery Saturday. He was reported to be in stable condition.Kelley was transported by ambulance to Community South Hospital then transferred to I.U. Methodist Hospital.In early October a Switzerland County High School football player suffered vertebrae fractures during a game with North Decatur High School. Colton Shirmer underwent surgery to relieve spinal pressure after being flown to Riley Children’s Hospital. After 10 days in ICU he is now undergoing physical therapy.last_img read more

Stanford is outstanding at Pahrump’s Stormin’ Mormon

first_img“There were some yellows at the right time so the leaders didn’t get away from me,” he added.  PAHRUMP, Nev. (March 2) – February starts in Arizona helped put California IMCA Modified driver Alex Stanford in victory lane in Nevada. Kollin Hibdon led early from the pole before the sixth starting Dotson took over up front on lap six. Marriott, coming off the midweek victory at Las Vegas Motor Speedway, charged into contention late in the contest. Stanford, however, pulled away following a restart with five laps to go, sticking to the dominant lower line to win ahead of Marriott, Dotson, Travis Peery and Randy Thornell. The checkers, Stanford’s first of the 2019 IMCA Speedway Motors Weekly Racing point season, came after four Arizona Modified Tour starts. Stanford topped Saturday’s Stormin’ Mormon special at Pahrump Valley Speedway, passing Ethan Dotson for the lead 30 circuits into the 40 lapper and then holding Hunter Marriott at bay for the $2,000 checkers. center_img Alex Stanford banked $2,000 by winning the IMCA Modified feature at Pahrump Valley Speedway’s Stormin’ Mormon special. (Photo by Melissa Coker, Melissa’s Out On A Limb Photography) “We definitely learned a lot there this year and got the car working really good,” said Stanford, already on the Fast Shafts All-Star Invitational ballot. “It’s always nice to go to Arizona, get dialed in and get everything working the way I want it to.” “I was able to pick cars off one at a time after the field started to spread out,” said Stanford, who had started seventh. “There were a couple cars I went around but the bottom was the place to be. I just concentrated on hitting my marks and got them one at a time.”  Feature results – 1. Alex Stanford; 2. Hunter Marriott; 3. Ethan Dotson; 4. Travis Peery; 5. Randy Thornell; 6. Austin Kiefer; 7. James Thibodeaux; 8. Blake Thornell; 9. Joey Price; 10. Kollin Hibdon; 11. D.J. Shannon; 12. Donald Riley; 13. Jon Mitchell; 14. Cody Laney; 15. Clifton King; 16. Mike Wells; 17. Clint Reichenbach; 18. Bryan Wulfenstein; 19. Josh Stringer; 20. Shaun Moore.last_img read more

Chairman of selectors hoping for quick resolution to Bravo dispute

first_imgBRIDGETOWN, Barbados (CMC) – Chairman of selectors Courtney Browne is hoping the incident between Test batsman Darren Bravo and the West Indies Cricket Board can be solved quickly, so the player can return to action.Bravo has not played competitive cricket since he was sent home from the tour of Zimbabwe for a controversial tweet which was critical of WICB president Dave Cameron and has been left out of the Trinidad and Tobago Red Force squad for the Regional Super50 pending a resolution of the matter.Darren is one of our better players and very talented young man,” Browne told Line and Length Network.“Obviously it was sad to lose him but at times these things happen. You just need to deal with it, get it over with and get him back out on the field playing cricket.”The 27-year-old Bravo is the West Indies premier batsman who has been a trump card for Red Force in previous Super50 tournaments.In fact, it was his brilliant 97 in last year’s final against Barbados Pride which carried Red Force to the title at Queen’s Park Oval in Port of Spain.Bravo found himself in trouble last November when he labelled Cameron a “big idiot” in a Twitter outburst, in response to the Jamaican administrator stating that Bravo had been offered only a Grade C retainer contract because of his “poor performance” and declining averages.The WICB slammed Bravo’s behaviour as “inappropriate and unacceptable” and cancelled his match/tour contract.Browne said he did not expect Bravo to become available until the matter was resolved.“I know there are supposed to be some discussions with Darren’s team and also the West Indies Cricket Board and until that is settled, I don’t think we’ll have much going on in terms of Darren playing cricket.last_img read more

Persaud, Braithwaite for DCRA C/ships in Canada

first_img… as part of 2018 Commonwealth Games preparationsGUYANA National Rifle Association (GuyanaNRA) captain Mahendra Persaud and Lennox Braithwaite have left these shores en route to the Dominion of Canada Rifle Association (DCRA) Fullbore Championships, set for the Connaught Rifle Range, Ottawa, Ontario from Friday.Their attendance, which has been funded in part by the Guyana Olympic Association (GOA), forms part of their training towards the 2018 Commonwealth Games fixed for the Gold Coast, Queensland, Australia, April 4-15, 2018.Persaud and Braithwaite have competed at the Canadian championships in the past and were very successful. They are aiming to shine once again.. Persaud made the final on three consecutive occasions.The long-standing GuyanaNRA captain recently returned from Bisley, England after competing at the 148th Imperial Meet from June 16 to July 22. There, Persaud anchored a 4-member West Indian team to victory in the Junior McKinnon Trophy match.Persaud led the team with 95.8Vs at the two ranges, followed by Gomez 94.9Vs, St. Vincent & the Grenadines’ Chalky White 93.4Vs and T&T’s Caroline Gomez 86.4Vs. Adjutant (manager) was T&T’s Gaby Gomez.A number of team-practice matches were also held towards ensuring they are in good form for Canada. Persaud noted that they are well prepared to represent once again.“I am confident that Braithwaite and I will do well again, we have been preparing for this championship as a team over the past weeks. I would like to also say that all the preparations also form part of our hosting of the West Indies Championships which will form part of our 150th Anniversary celebrations from October 9 to 15, later this year.”Plans to put the Timehri Rifle Range in the best shape ever are ongoing with new target mechanisms being put in place, apart from making over and widening the banks.Millions of dollars have already been expended and the GuyanaNRA is still appealing to corporate Guyana to assist.The October showdown will feature the West Indies’ #1 Nation – Guyana – the reigning short and long range kings, Jamaica, Antigua & Barbuda, Bermuda, Barbados and Trinidad & Tobago as well as some of the best nations at the world level, the likes of Australia, Great Britain, Canada, USA, Scotland, Wales and the Falkland Islands.last_img read more

Cheese vs. barbecue: what’s really at stake in tonight’s game

first_img“Duke is a formidable opponent, but this is Wisconsin’s year to bring home the victory. Make ‘em believe!”And believe Wisconsin will.The Badgers tipoff against the Blue Devils tonight at 8:18 p.m. As the Badgers prepare to take on Duke’s Blue Devils in what could be their first NCAA championship win in more than 70 years, representatives from Wisconsin and North Carolina have decided to make this game about much more than a national title.For Wisconsin, that means a shit ton of cheese.Madison Mayor Paul Soglin and Durham, North Carolina, Mayor Bill Bell have made their own wagers on the the game. Soglin is wagering 25 pounds of Wisconsin’s finest cheese while Bell is offering up North Carolina barbecue.According to a statement from the mayor’s office, Soglin is confident in the Badgers’ abilities.“I made a wager on behalf of the Badgers. By the end of the week, I expect to be dining on Durham barbecue and our own Colby jack,” Soglin said.Go bucky. #badgers unflappable as student athletes.— Paul Soglin (@Paulsoglin) April 5, 2015The mayors aren’t the only ones betting on the game.Congressman Mark Pocan, D-Wis., also wagered Wisconsin cheese on the game against Congressman G.K. Butterfield, D-N.C., who also offered North Carolina barbecue, in addition to coleslaw and iced tea.Both congressmen know there is a lot at stake, however their confidence in their respective teams is unwavering.“I don’t have to remind my good friends, Rep. Pocan, that Duke basketball is led by the incomparable Coach K., the winningest coach in NCAA Division I men’s basketball history,” Butterfield said in a statement.Pocan countered by saying the Badgers have proven themselves as a team to be reckoned with.“After a long season, I know Coach Bo Ryan and his team are ready to bring the championship trophy home to Madison. Go Bucky!” Finally, Wisconsin Gov. Scott Walker wagered in on tonight’s game against North Carolina Gov. Pat McCrory.In a statement, Walker offered up an assortment Wisconsin’s finest cheese, sausage and root beer. McCrory offered, you guessed it, North Carolina barbecue.Walker said this is Wisconsin’s year for victory.last_img read more

Raketech unveils plans for expansion

first_img ‘Volatile’ Swedish regulations see Raketech grow global focus August 19, 2020 Share Related Articles StumbleUpon Raketech has announced plans to enhance its sports listings platform with all-new dedicated sections for the biggest sporting events in 2018.The TVmatchen platform delivers real-time sports TV listings, statistics and betting tips to millions of sports fans across Sweden, Norway ( and Denmark ( has confirmed plans to roll-out dedicated content for the biggest sporting events of the year. A record number of visitors accessed a special campaign site for the 2018 winter games, with the site so far seeing an increase of almost fifty percent in visitors when compared to the last winter games in Sochi.The dedicated campaign sections will be added for the most popular championships, such as the football World Cup, and will feature extra content and improved functionality to bookmark favourite teams and create notifications.Michael Holmberg, Raketech CEO commented: “We always want to add value to our users. After seeing some impressive Winter Olympics figures for TVmatchen, we saw an appetite for dedicated areas and decided to feature the biggest events in 2018. We want to provide our users with the best information imaginable for as many sports as possible, so that they can discover everything about their favourite teams and matches from a single integrated media platform.” is Raketech’s leading sports TV listing platform. Equivalent platforms are serving Denmark and Norway through and respectively. More information about platform is available on the website, or additionally on the app from the Apple Store and Google Play. Altenar: Supporting expansion plans in Denmark and Portugal August 20, 2020 LeoVegas hits back at Swedish regulations despite Q2 successes August 13, 2020 Share Submitlast_img read more