NZers deserve honest appraisal of Government housing failure

NZers deserve honest appraisal of Government housing failure

“Our housing market isn't a case of market failure but an example of regulatory failure. New Zealand has planning rules which mean that … “New Zealanders deserve a Housing Minister that is willing to acknowledge that our planning rules need to change. “Mr Twyford should seek urgent advice from his
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Krafcik Says Waymo Tech `Robust Enough' to Avoid Uber Crash

Waymo Chief Executive Officer John Krafcik said his company's self-driving software would likely have avoided the pedestrian death in which an Uber autonomous car was involved. “We have a lot of confidence that our technology would be robust and would be able to handle situations like that one,”
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Apple Has Big Plans for Its March 27 Event

Since announcing plans for a press event on March 27, Apple has remained silent about what it will unveil. But that isn't stopping the rumor mill. Over the past several days, news reports, including one from Bloomberg, suggest that Apple will introduce a budget-friendly $259 iPad at the
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China's new Banking and Insurance regulator prioritize to improve risk management

The first task of China's newly formed banking and insurance regulator is to improve corporate governance at the institutions while boosting their risk management and internal controls, a top regulatory official said on Saturday. The China Banking and Insurance Regulatory Commission (CBIRC) will
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Westfield Bank relocating within Springfield's Tower Square

“The traffic patterns indicated to us that the interior location would have much better visibility given the proximity to CVS and Dunkin' Donuts as well as to the office elevators, escalators and the mezzanine,” Kevin O'Connor, executive vice president and chief banking officer for Westfield Bank, said in a
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Analysts See $1.42 EPS for IBERIABANK Corporation (IBKC)

The firm also provides various title insurance and loan closing services for residential and commercial customers; one-to-four family residential mortgage loans; equity research, institutional sales and trading, and corporate finance services; and wealth management and trust advisory services to high net
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Ford to double the amount of money available to dealers for advertising

The automaker told dealers at its annual make meeting at the 2018 NADA Show that, by June, they will have roughly $270 million available annually in their advertising co-op, up from about $135 million today. Ford uses the co-op money to reimburse dealers for digital and print advertising that meet
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Could Pennymac Mortgage Investment Trusthares O (NYSE:PMT) Change Direction After More …

Investors sentiment decreased to 1.19 in 2017 Q3. Its down 0.19, from 1.38 in 2017Q2. It fall, as 16 investors sold PennyMac Mortgage Investment Trust shares while 43 reduced holdings. 21 funds opened positions while 49 raised stakes. 40.44 million shares or 2.09% less from 41.31 million shares in
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How Fed's rate hikes will affect buying a house, borrowing for college, or paying off credit card debt

Mortgages: If the Fed keeps raising short-term interest rates, mortgage rates may follow, but not as rapidly. Fannie Mae projects that rates on 30-year fixed-rate loans will rise modestly this year and stabilize in 2019. Borrowers with variable-rate loans can lock in today's rates by refinancing into fixed-rate
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Banks limit how many new units in one block they lend on

Mortgage broker James Algar, of Mortgage Choice northern beaches, said banks are being more strict with lending criteria and are limiting their exposure in high density developments. He said any development of at least four storeys or 20 units would see a cap on the number of units one bank would
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Level-5 CEO teases MMORPG-scale 20th anniversary title

To celebrate Level-5's 20th anniversary, the company's newest game will be set not in fantasy, but the “modern day” with an epic scale similar to that of an massively multiplayer online RPG. In the fifth installment of “Harada Kills,” a series of interview articles published by 4Gamer.net, Bandai Namco
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Automotive Properties Real Estate Investment Trust (TSE:APR.UN): What You Have To Know …

On the 16 April 2018, Automotive Properties Real Estate Investment Trust (TSX:APR.UN) will be paying shareholders an upcoming dividend amount of CA$0.07 per share. However, investors must have bought the company's stock before 28 March 2018 in order to qualify for the payment. That means
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No one thinks banks are trustworthy anymore, writes Jerry Pinto

Hello. This is one of your clients. I am appalled at what you have decided to do to banks. Oh, I'm not talking about your non-performing assets and your crony capitalism. If I had had a problem with that, I would have put my money in a sock and tucked it under my mattress. I get it. You probably thought the
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First Bank: Our ATM processes 5000 transactions every minute

Adesola Adeduntan, managing director of the bank, said this at a breakfast meeting with some journalists in Lagos during the week. He said the bank has set up a digital laboratory in order to be in the forefront of innovation. “Every minute, out ATM processes 5000 transactions. If you count, in Nigeria we
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Jane Street Group LLC Buys New Holdings in Schwab Fundamental International Small Company …

Schwab Fundamental International Small Company Index ETF logo Jane Street Group LLC purchased a new position in shares of Schwab Fundamental International Small Company Index ETF (NYSEARCA:FNDC) in the 4th quarter, according to the company in its most recent 13F filing with the
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Blockbuster founder Wayne Huizenga has died

He was the only entrepreneur to create three different Fortune 500 companies during his career — Blockbuster video, Waste Management and AutoNation. At one time, Huizenga, 80, had owned three sports teams where he lived in South Florida — the Florida Marlins, the Florida Panthers and the Miami
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Revolut and N26, please be successful in disrupting banking

For years, the promise of FinTech startups disrupting the complacent and technologically lagging consumer banks of Europe has been a theoretical one. Now this is finally changing, with two rapidly emerging and well-funded players expanding across Europe (and beyond): London-based Revolut and
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The March For Our Lives Is a Worthy Cause

(Bloomberg View) — The U.S. loses more than 30,000 people to gun violence each year not because Americans are uniquely bad people, but because America has uniquely flawed laws. … Today, we took another critical step to fulfill that commitment. https://t.co/7NBI0Dibmx pic.twitter.com/nmzqos3BUA.
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83 MCAs risk legal action over unpaid car loans and mortgages

Panic has gripped former Kakamega MCAs and representatives who were re-elected after they got demand notices to repay car loans and mortgages amounting to Sh270 million. Clerk of the County Assembly Patrick Kamwessar has written to 83 former and re-elected representatives to repay loans
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Business briefs include new real estate agent, new business, ribbon cutting and certified chimney …

Alex Pond has joined The Steamboat Group Real Estate as a buyers agent after working for over 12 years at Colorado Mountain College as a property manager and working with the City of Steamboat Springs Parks and Recreation Department in Steamboat. “Steamboat is truly a paradise, and I am
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