No plans to cut tax relief on mortages

There are no plans to cut tax relief on mortgages, the Treasury Minister told MHKs. Alfred Cannan was asked in the House of Keys by Julie Edge (Onchan) whether he would review the policy on mortgage relief for residents. The current maximum allowable deduction on mortgage and loan interest relief
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State-owned secondary mortgage company PT Sarana Multigriya Finansial (SMF) plans to issue asset-backed securities worth Rp 2 trillion (US$147 million) this year in a collaboration with local banks. SMF senior vice president and head of securitization and loan purchase, Sid Kusuma, expected the
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(REUTERS) – Wall Street bank Citigroup Inc will set up an innovation centre in London in one of the first investments by a big US bank since Brexit, the Financial Times reported on Sunday. Citi will initially hire 60 technologists for the centre, James Cowles, chief executive Officer for Europe, the Middle
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Martin North, from research firm Digital Finance Analytics, said with issues in the financial advice and insurance sectors having been well canvassed in previous inquiries, lending practices appeared to be the focus. “Lending is such a large part of the profit-generating engine of the banks and it's quite
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Kalos Management Inc. raised its stake in Marriott International by 3.1% in the second quarter. Kalos Management Inc. now owns 6,919 shares of the company's stock valued at $694,000 after purchasing an additional 208 shares in the last quarter. First Allied Advisory Services Inc. lifted its stake in
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The bank (BEN) experienced strong growth in loans to home owner-occupiers in the half year, although caps on lending to property speculators imposed by the … The push to cool lending to property investors prompted banks across the country to lift interest-only and investor mortgage rates last year.
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Senior Treasury officials say the “open banking” report by King & Wood Mallesons partner Scott Farrell is one of the best policy documents they have ever seen produced by a professional in the private sector. It needed to be, given its implications. Open banking will empower a customer to direct their
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A lawyer and blogger, Prince Williams-Joel, has launched a book on real estate investment entitled, 'Compilation of Articles on Law & Property in Nigeria: Simplified'. According to Williams-Joel, the thriving real estate sector in the country is not without its peculiarities and emerging trends, and this has
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“Hey thanks for lending me that game bro” – “/v/ – Video Games” is 4chan's imageboard dedicated to the discussion of PC and console video games.
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Schwab Charles Investment Management Inc. grew its stake in shares of Servicesource International by 0.6% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 263,112 shares of the technology company's stock valued at $1,021,000 after buying an additional 1,615 shares
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As Choice's submission to the banking royal commission argues, we are far too willing to let financial firms get away with an apology while in reality they resist anything that would force them to change their practices. This is the pattern we saw with financial advice. Despite the major scandals around the
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Fortune Brands Home & Security logo Fortune Brands Home & Security (NYSE:FBHS) had its price target decreased by stock analysts at Nomura from $78.00 to $74.00 in a report issued on Friday, February 2nd. The brokerage currently has a “neutral” rating on the industrial products company's stock.
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Currencies. The Bloomberg Dollar Spot Index fell 0.1 percent Friday. The yen was little changed at 108.85 per dollar. The euro was trading little changed at $1.2246. The British pound was at $1.3819 after sinking 0.6 percent Friday to the weakest in more than three weeks.
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State transport minister Diwakar Raote has ordered the administration to take legal action against its officials and employees lending or borrowing … Meanwhile, Abhijit Bhosale, MSRTC PRO, said that the Money Lending Prohibition Act was introduced in 2014, but it will now be implemented more
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Oaktree Specialty Lending logo Media stories about Oaktree Specialty Lending (NASDAQ:OCSL) have trended somewhat positive this week, Accern reports. Accern identifies positive and negative news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of
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Janus Henderson Group PLC grew its position in shares of Compass Minerals International by 32.2% during the 3rd quarter. Janus Henderson Group PLC now owns 1,486,825 shares of the basic materials company's stock worth $96,495,000 after buying an additional 361,985 shares in the last quarter.
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Embattled movie producer Harvey Weinstein was sued by New York officials for creating a hostile work environment at the Weinstein Co. that allegedly featured “pervasive sexual harassment,” intimidation and discrimination. New York Attorney General Eric Schneiderman's lawsuit comes as Weinstein is
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US banking giant Citigroup is setting up an innovation centre in London in one of the first strategic investments by a big US bank in the British capital since the Brexit vote. Citi is initially hiring 60 technologists for the centre, the bank's Europe, Middle East and Africa (Emea) chief executive Jim Cowles told
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In the search for both higher returns and for something to do with all their money, they were, in a way, acting like banks, taking large anchor positions in new corporate debt offerings and essentially underwriting them the way that JPMorgan or Goldman Sachs might. Since such companies were not
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Up to 20 black horses thundered through surf along Tomahawk Beach in Dunedin yesterday morning, all in aid of a UK bank advertisement. Seemingly, few people witnessed the spectacle. The film crew had begun preparations mid-week, with early starts each day. Tomahawk woman Dee Sorrell had
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