Airbnb may not be the culprit behind Tasmania's affordability woes

Airbnb may not be the culprit behind Tasmania's affordability woes

While some politicians see it necessary for Tasmania to regulate Airbnb, it seems like they are looking at the wrong solution to the state's worsening housing affordability. An ongoing study by University of Tasmania lecturers Louise Grimmer, Maria Massey, and Oskaras Vorobjovas-Pinta indicates that
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Money Laundering In BC Real Estate: Attorney General Vows To Probe 'DIsturbing Allegations'

VICTORIA — British Columbia's attorney general says he's deeply troubled by reports of money laundering and criminal activity in the real estate market. … The comments come after the Globe and Mail published a story alleging that people connected to the fentanyl trade are using B.C. real estate to
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Not so fast on honeymoon loans, experts warn

Mortgage broker and industry watcher Jane Slack-Smith urged first-home buyers to carefully consider all options before picking an uncompetitive product. “It seems really reasonable when you're looking at the now and the present position. But when first home buyers are exhausting all their savings to
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KeyCorp Comments on Fortune Brands Home & Security Inc's Q1 2018 Earnings (FBHS)

Fortune Brands Home & Security Inc (NYSE:FBHS) – Analysts at KeyCorp issued their Q1 2018 earnings per share (EPS) estimates for Fortune Brands Home & Security in a research report issued to clients and investors on Wednesday, according to Zacks Investment Research. KeyCorp analyst K.
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Ares Commercial Real Estate (ACRE) Upgraded by Zacks Investment Research to “Buy”

The Company's financing solutions are comprised of its target investments, which include the following: Transitional senior mortgage loans, Stretch senior mortgage loans, Subordinate debt mortgage loans and Other CRE debt and preferred equity investments. Ares Commercial Real Estate Corporation
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People in Business for Sunday, Feb. 18

Harrington's Pepsi-Cola recently announced the appointment of a new general manager for their Bozeman Operations, Chris Reed. Chris has been employed with Harrington's Pepsi since 2005. “Chris' enthusiasm, natural leadership characteristics, proven salesmanship abilities; combined with a very
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Basswood Capital Management, L Buys 3590 Shares of Bridge Bancorp, Inc. (BDGE) Stock

Bridge Bancorp, Inc. (NASDAQ:BDGE) major shareholder Basswood Capital Management, L acquired 3,590 shares of the business's stock in a …. The Bank's operations include its real estate investment trust subsidiary, Bridgehampton Community, Inc (BCI), a financial title insurance subsidiary, Bridge
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UCO Bank has $412 million exposure in PNB banking fraud case

India's state-run UCO Bank said it has USD 411.82 million in exposure to fraudulent transactions carried out at Punjab National Bank (PNB). PNB, India's second-largest state-run lender, said on Wednesday that it had detected fraudulent transactions worth USD 1.77 billion at a single Mumbai branch
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Bring out white paper on banking system: Congress to NDA

The Congress today alleged “fraudsters” were linked to the “highest echelons” of the BJP-led NDA and urged the government to bring out a white paper on the banking system which it said had witnessed scams involving over Rs 61,000 crore in the last five years. “Bank frauds are tumbling out of the
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Making of PNB fraud: Why Nirav Modi, Mehul Choksi could effect Rs 11400 crore scam

Three Cs are considered critical in the business of lending- character, capacity and collateral coverage of the borrower. The Punjab National Bank (PNB) has undoubtedly faltered on these banking principles while issuing the Letters of Undertaking (LoUs) to firms linked with diamantaires Nirav Modi and
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Encore Wire Co. (WIRE) Holdings Lessened by Texas Permanent School Fund

Encore Wire logo Texas Permanent School Fund reduced its holdings in Encore Wire Co. (NASDAQ:WIRE) by 7.2% in the 4th quarter, according to its most … is a supplier of building wire for interior electrical wiring in commercial and industrial buildings, homes, apartments, and manufactured housing.
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Advisory Research Inc. Raises Position in International Flavors & Fragrances Inc (IFF)

The institutional investor owned 8,085 shares of the specialty chemicals company's stock after buying an additional 1,063 shares during the quarter. Advisory Research Inc.'s holdings in International Flavors & Fragrances were worth $1,234,000 at the end of the most recent reporting period. A number of
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Trump Says Russians `Laughing Their Asses Off' by Sowing Chaos

President Donald Trump has found a point of agreement with Special Counsel Robert Mueller: Russia's meddling campaign worked, as far as creating chaos in America's political system. “If it was the GOAL of Russia to create discord, disruption and chaos within the U.S. then, with all of the Committee
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Sodastream International (SODA) Upgraded to Buy by Zacks Investment Research

Zacks Investment Research upgraded shares of Sodastream International (NASDAQ:SODA) from a hold rating to a buy rating in a report issued on Saturday. The brokerage currently has $96.00 target price on the stock. According to Zacks, “SodaStream International Ltd. is engaged in the manufacture of
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Were Analysts Bearish UBM plc (LON:UBM) This Week?

More notable recent UBM plc (LON:UBM) news were published by: Bloomberg.com which released: “A Botched Meeting” on January 19, 2018, also Businesswire.com with their article: “FORM 8.5 (EPT/NON-RI) – UBM PLC” published on February 16, 2018, Businesswire.com published: “FORM 8.5
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Paracle Advisors LLC Purchases 15778 Shares of Vanguard International Equity Index Funds (VNQI)

Paracle Advisors LLC grew its holdings in Vanguard International Equity Index Funds (NASDAQ:VNQI) by 315.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,780 shares of the company's stock after purchasing an additional 15,778
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Fortune Brands Home & Security Inc (FBHS) Holdings Lifted by Eagle Asset Management Inc.

Fortune Brands Home & Security logo Eagle Asset Management Inc. boosted its stake in shares of Fortune Brands Home & Security Inc (NYSE:FBHS) by 14.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 553,998 shares of the industrial products company's
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Old Republic International Co. (ORI) Director Acquires $102150.00 in Stock

Old Republic International Co. has a one year low of $17.92 and a one year high of $22.34. … The Company conducts its operations through various regulated insurance company subsidiaries, which are organized into three segments: General Insurance Group, Title Insurance Group and the Republic
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Eurozone reformers act as if the crisis never happened

A single housing loan can always go bad. In good times, such a risk can be neutralised. But if the entire housing market crashes, many loans go bad at the same time. Risk correlation was also a big problem for sovereign bonds during the eurozone crisis. The two situations are therefore comparable.
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Next Nafta Talks Scheduled to Start With Auto Content Rules

25, according to a draft agenda obtained by Bloomberg News. The issue is set to receive more than 20 hours of discussion, among the most of any topic, according to the schedule, which isn't released publicly because talks are held behind closed doors. In a bid to revive U.S. factories, the White House
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