A generation of buyers has never seen RBA raise rates – and that’s likely to continue for a while yet

first_imgNew homeowners in the past seven years have never seen a rate hike.A GENERATION of homebuyers has never experienced a rate hike, and their luck is likely to continue for a while yet, according to latest predictions.RateCity money editor Sally Tindall said it had now been a whopping seven years since the Reserve Bank last raised interest rates with 21 of 23 indicators suggesting that to continue to be the case come Tuesday’s monetary policy meeting.“It’s incredible to think there is a now a large number of first home buyers who’ve never experienced a rate hike. Seven years is a long time between increases,” she said.The RBA is expected to keep the cash rate at 1.5 per cent when it meets on Tuesday. Picture: AAP Image/Dean Lewins.RateCity analysis of 23 leading economic indicators found that 21 of them pointed to the RBA leaving the official cash rate at a record low of 1.5 per cent, where it has been since August last year.“Lower than expected inflation figures and wage growth stalling at just 1.9 per cent provide an argument for the Reserve to cut rates, but that’s unlikely.“The RBA will also be concerned Australia’s household debt-to-income level increased from 19.0 per cent to a record 193.7 per cent in the last quarter – a worrying trend that leaves them in a difficult position.”More from newsParks and wildlife the new lust-haves post coronavirus23 hours agoNoosa’s best beachfront penthouse is about to hit the market23 hours agoWHAT A MILLION-DOLLAR MAKEOVER GETS YOU IN BRISBANEHOUSE SOLD FOR LESS THAN COST OF UNITFIVE WAYS TO PUT YOUR EQUITY TO WORK FOR YOURBA has expressed concern over the household debt-to-income ratio hitting a record 193.7 per cent. Picture: Getty Images.“If they hike rates, they will risk sending thousands of Australians into financial hardship. Conversely, if they lower rates, it will encourage others to take on more debt. In short, its hands are tied until wages growth, and the broader economy, strengthen.“Until then, homeowners can rest easy in the knowledge that their mortgage repayments won’t be increasing anytime soon.”The RBA board meets for the monthly monetary policy meeting on Tuesday with their decision on whether or not to move on rates to be announced at 1pm.Unemployment fell from 5.6 to 5.5 per cent last month but significantly more movement was needed to trigger a rate rise.FOLLOW SOPHIE FOSTER ON FACEBOOKFREE: GET THE COURIER-MAIL’S REAL ESTATE NEWS DIRECT TO INBOXlast_img read more

Bahri Adds New VLCC to Its Fleet

first_imgThe National Shipping Company of Saudi Arabia (Bahri) expanded its fleet as it took delivery of a new very large crude carrier (VLCC) on January 22.The 300,000 dwt tanker, which was named Kassab, was built by South Korea’s Hyundai Samho Heavy Industries.Bahri said it expects the ship to start its commercial operation in March 2018, adding that the financial impact of the new VLCC is set to be in the first quarter of 2018.The 330-meter-long and 60-meter-wide vessel is one of five VLCCs that were ordered from the shipbuilder in 2016. In November the same year, Bahri reached a financing agreement with Standard Chartered Bank, Arab National Bank, National Bank of Abu Dhabi and Bank Albilad, which partially funded the construction of the ships.According to the company’s stock exchange release in November 2016, the financing agreement amounted to USD 350 million for a period of ten years, plus a grace period of 22 months for guarantees.The remaining ships under the deal are expected to be handed over to Bahri by mid-2018, data provided by VesselsValue shows.last_img read more

15 examples of female athletes crushed by women who were men

first_imgWND.com 27 March 2017Transgenders dominate in weightlifting, track, wrestling, football, basketball, mixed martial artsYou’ve heard the expression, “Boys will be boys.” But what happens when a brawny boy wants to be one of the girls – fiercely competing with females in weightlifting, brutally tackling girls on the football field or even dealing powerful knockout punches to ladies in a mixed martial-arts cage?It’s now happening across America and around the world.Biological males are joining women’s teams, smashing records and dominating in sports such as weightlifting, softball, cycling, track, wrestling, football, volleyball, dodgeball, handball, cricket, golf, basketball and mixed martial arts.The movement for “equality” has apparently inspired transgender athletes to join teams of their preferred gender. And that often means biological males are competing against biological females on women’s teams. But in the world of sports, critics argue, equality between the sexes simply doesn’t exist. Physiologically speaking, there’s a gender gap between men and women that cannot be erased.To document the growing trend, WND has compiled the following list of headline-making transgender athletes crashing the world of women’s sports.READ MORE: http://www.wnd.com/2017/03/female-athletes-crushed-by-women-who-were-once-men/last_img read more

CDB approves funding for water project in Grand Fond

first_img 30 Views   no discussions LocalNews CDB approves funding for water project in Grand Fond by: – May 18, 2012 Share The Caribbean Development Bank has approved funding for the Grand Fond Water system.Reginald Austrie, Minister for Water Resource Management, confirmed this on Monday during an interview with GIS news.He said, “The people of Grand Fond have been [pleading] for a new water system for a while now and the CDB has approved the contractor for that project under the BNTF program. We expect very shortly that the contract will be signed and work will begin on this new facility”. This will bring much relief to the people of Grand Fond”.According to the minister this will bring “much relief” to the people of Grand Fond, noting his government’s commitment to alleviate the living condition of its residents despite financial hardships.“It is Government’s stated policy and even [though] we know that the financial situation is in fact tight, the Government through the Ministry of Finance and the Minister for Finance, Hon. Roosevelt Skerrit has made the resources available. We see water as an essential commodity that nobody can live without. Water is Life and so we are ensuring that we want to keep all our people healthy and strong by ensuring that we make this social investment”.Parliamentary Representative for the Grand Fond Constituency, Ivor Stephenson said he is looking forward to the commencement of the project.“For many years now the people of Grand Fond have been experiencing some serious shortages of water within the community. With the approved funds, the people of Grand Fond especially those that reside in upper Grand Fond will now be able to live much more comfortably and enjoy the quality of water that they expect to enjoy”.He also highlighted the contributions which both the CDB and the Basic Needs Trust Fund has made towards improved water supply for sections of his constituency. “I must say here that the Caribbean Development Bank has not only approved funds for the community of Grand Fond through the Basic Needs Trust Fund (BNTF) but we have seen where other communities have benefitted from under CDB-BNTF projects. In Bagatelle, in the Kat-Bwa area, a project is nearing completion; we have Petite Savanne which saw the commissioning of a water system last year, and in Shawford and Monkey Hill, Marigot all these are CDB-BNTF funded projects”.He noted that the “CDB and the Government of Dominica continue to collaborate to ensure that we can improve the quality of the lives of people especially in the areas where [people] are benefiting from CDB-BNTF projects”.Government Information Service Sharecenter_img Sharing is caring! Share Tweetlast_img read more

Lionel Messi passed fit for La Liga restart

first_img La Blaugrana restart their title defence with a trip to the Balearic Islands on June 13, ahead of a high stakes end of season run in. However, the defending champions have been boosted by the news that Messi is on track to recover from a thigh injury.Advertisement “Messi has not trained due to a precaution, but he is perfectly fine and will not have any problems,” he told an interview with Movistar, reported via Marca. “We are facing a concentrated run of games, and I want to have Messi on the pitch as much as possible.” Setien also confirmed Luis Suarez is back in full training and the Uruguayan international will be included in the squad to face Vicente Moreno’s side. Read Also: Liverpool cleared to win Premier League at AnfieldThe former Liverpool man has been sidelined since January, after undergoing knee surgery, but due to the extension of the 2019-20 season, he is now set to return.French international pair Ousmane Dembele and Clement Lenglet will miss out, through injury and suspension respectively, with Samuel Umtiti set to step in for Lenglet.FacebookTwitterWhatsAppEmail分享 Barcelona boss Quique Setien has confirmed Lionel Messi will be fit for their La Liga clash away at Real Mallorca this weekend.center_img Loading… Promoted ContentWho Earns More Than Ronaldo?5 Of The World’s Most Unique Theme ParksA Guy Turns Gray Walls And Simple Bricks Into Works Of ArtPlaying Games For Hours Can Do This To Your BodyBest & Worst Celebrity Endorsed Games Ever Made6 Interesting Ways To Make Money With A DroneWhy Go Veg? 7 Reasons To Do This6 Of The Best 90s Shows That Need To Come Back ASAPRyan Reynolds Does The Bottle Cup Challenge (You Better See This)Behind-The-Scenes Selfies From 10 Popular MoviesYou’ve Only Seen Such Colorful Hairdos In A Handful Of AnimeThe Most Exciting Cities In The World To Visitlast_img read more

Cycling event to honor fallen Rising Sun Police Chief

first_imgThe 19th annual Cops Cycling for Survivors will be slightly different than past years.  The annual event that raises funds and awareness of the sacrifices made by Hoosier law enforcement families, which normally has participants riding over 1000 miles over a 13 day period will have a one-day public ride on September 5 at the Indiana Law Enforcement Academy in Plainfield starting at 8:30a.  The general public is invited throughout the day and is open to riders of all abilities.  This year’s ride will honor Chief David Hewitt, of the Rising Su Police Department and Trooper Peter Bo Stephan, of the Indiana State Police who both gave the ultimate sacrifice in 2019.A stationary Ride for Chief Hewitt will take place on September 14 at the Rising Sun Police Department and on September 18 at the Indiana State Police Lafayette Post.  For more information, click here.last_img read more

Trojans travel to desert to face dangerous Sun Devils

first_imgAfter a weekend in which the USC men’s basketball team split two hard-fought games that came down to the final seconds, the Trojans hit the road to take on the Arizona State Sun Devils on Thursday night at 7:30 p.m.Turnover troubles· USC senior point guard Jio Fontan struggled in the team’s recent victory over Oregon State, where he had ten turnovers. – Priyanka Patel | Daily TrojanUSC (8-11, 3-3) staved off a tough Oregon State defense in the final minutes to secure a 69-68 victory Saturday, despite allowing the Beavers to overcome a 15-point deficit in the second half. Arizona State (14-4, 3-2) suffered a 17-point loss to its in-state rival, No. 6 Arizona, whom the Trojans will face Saturday.The win for USC, which comes as the first under interim head coach Bob Cantu, moved the Trojans up to No. 6 in the Pac-12 standings, just one position behind the Sun Devils. With their next three games coming on the road against Pac-12 opponents, USC has the potential to make a serious move this week.“It’s a huge opportunity for us,” junior center Omar Oraby said. “[The Sun Devils] are a very good team, one of the top teams in our conference. We have nothing to lose so we have to go out and play and get some wins.”USC leads the all-time series against Arizona State, but the Trojans lost both times the teams met last season. Still, Cantu sees the upcoming game as a new matchup.“They’re a lot different than they were a year ago,” Cantu said. “They’re playing a lot more man-to-man defense. We’ve got to be able to take care of the basketball whether they’re playing man or zone.”Cantu was confident about the team’s performance during a practice held Tuesday afternoon, acknowledging the focus he observed in all of his players, especially in light of their adjustment to the coaching changes.“All the guys were fantastic today,” Cantu said. “They’ve been great since this transition and I’m confident I can play any of these guys at any time.”Part of Cantu’s confidence comes from the team’s performances in games against Oregon and Oregon State last week, both of which were decided in the final seconds — a loss against Oregon after three missed shots at the buzzer and a winning layup with 4.8 seconds remaining against Oregon State.Despite the loss against No. 16 Oregon, the fact that the team was able to compete against the nationally ranked Ducks boosted its morale.“Although we lost, we played down to the wire and [the Ducks] were a top team in the country so we have a lot of confidence going into the road trip,” Oraby said.USC will face more tough competition from Arizona State and especially from freshman guard Jahii Carson, who is posting statistics that rank him alongside some of the best players in the conference.  Despite the loss against Arizona, the star freshman led the Sun Devils in scoring for the 12th time and posted 22 points, marking his eighth 20-point game.With one of the most challenging schedules, featuring seven games against teams ranked in the NCAA RPI Top 50, USC has already faced off against a number of tough teams and players. The Trojans have especially shown their offensive power in conference games, ranking fourth in points per game with 69.0 and leading all teams with a 45.8 shooting percentage.USC will need to maintain that production against a staunch defensive squad from Arizona State, which boasts 133 blocks in 18 games (averaging 7.4 per game), good for fourth in the nation.Still, Pac-12 play thus far shows that statistics alone won’t predict the outcome of a game, a conclusion that Cantu has stressed to his players regarding their upcoming games this week.“In conference play, anybody can beat anybody,” Cantu said. “We just have to stay focused and try to compete and play hard.”last_img read more

Gerard: “The problem is that the sanitary norms are not respected”

first_imgMeline Gerard, goalkeeper for Betis, analyzed the information at Coeursdefoot. The French defined the present scenario in Spain: “In Spain we are very affected. Right here the Authorities is the one that decides the coverage to implement. The Authorities and the Minister of Well being do not comply with resume the competitors and I be part of them. It is true that as gamers we want to end the competitors and we miss soccer, however it appears rushed. If Spain has a second wave it could be a really tough monetary problem. Every nation will do what it needs however it could rely on the folks affected, hospitalized and the variety of circumstances. “ “I believe the most cheap factor is not to renew. Right here we are able to exit an hour from house to buy, sporting a masks, they’ll’t go see their households. In Spain the confinement is extra strict “, he defined about the return of the First Iberdrola.“Little by little in fairly atypical situations, with distances to be revered, masks and gloves. The economic system is slowly recovering, we are not in complete containment,” he defined. The Frenchwoman gave her imaginative and prescient of the future and the manner out of distrust: “It is true that if every little thing resumes and a brand new wave begins to begin a bull run once more, it is time misplaced. We should always go slowly and not take any dangers. We are not the ones who resolve. I believe that so long as there is no vaccine it is difficult”. “The gamers have not been requested. For me as a goalkeeper I’d don’t have any issues, I’d solely be with my goalkeeper coach and a second goalkeeper. The sector gamers, nevertheless, it appears tough that they do not have contacts,” stated Gerard.Confinement in Seville“I’ve been confined for six weeks, I’m going out each fifteen days to buy groceries, sporting a masks and gloves, I wash my arms a minimum of ten instances a day. If everybody had performed that we may have decrease numbers of contaminated. The problem is that the sanitary norms are not revered. We can not inform everybody to restrict themselves, some must go to work, they’ve kids … “, the gala participant defined. Gerard determined final 12 months to begin the journey: “These days there are extra French gamers exterior the nation. I used to be reassured to see that there have been gamers who exploited exterior of France, they’d a great stage of play. It is true that in a profession you have got the alternative to go overseas, I discover it very enticing in each manner. You understand a brand new tradition, you study a brand new language and it is an amazing private enrichment. Additionally, championships throughout Europe have improved loads. In Spain it has progressed loads, the groups are far more homogeneous and there is professionalism. I like to recommend this journey to everybody. It is additionally what I used to be in search of once I got here to Betis, ranging from scratch. “Gerard has skilled in first individual the battle for the ladies’s soccer settlement that was signed this season: “They fought to enhance working situations. It is true that there have been sure issues that appear regular to us in France and that was not the case in Spain. They screamed for the injustice and joined. With this settlement there are many issues that will change. “The French did not hesitate to touch upon the switch of the Ladies’s Euro Cup to 2022: “For me it is logical. If the males’s Euro was postponed to 2021 and the Olympic Video games too and there will probably be nations that play each competitions, It will have been a call of the Federations to decide on their crew for the Video games or the European Championship and it could have been a disgrace. I wasn’t shocked that it was postponed. It is a disgrace for France, that it is going to be two years with out enjoying a world competitors, however we are able to additionally see it on the constructive facet, we now have two extra years to arrange for the Eurocup “.last_img read more

Phoenix rolls to 2-0, razes NorthPort

first_imgPlayers to blame for TNT’s 1-3 start, says Castro Palace OKs total deployment ban on Kuwait OFWs “I told Eugene to reserve his energy because Alaska is a totally different team.”Phoenix further pushed the envelope in the third quarter dominating the Batang Pier 34-19 to build a 94-62 lead heading into the final frame.Phelps finished with a team-high 30 points with 15 rebounds and four blocks to leas the Fuel Masters while Jason Perkins added 18 points.Rashad Woods put up 42 points for the Batang Pier with Paolo Taha pitching in 15 points and five rebounds.ADVERTISEMENT Will you be the first P16 Billion Powerball jackpot winner from the Philippines? Gov’t in no rush to rescue animals in Taal Photo by Tristan Tamayo/INQUIRER.netPhoenix torched NorthPort, 132-91, for its second straight win in the 2018 PBA Governors’ Cup Sunday at Smart Araneta Coliseum.The Fuel Masters joined Alaska atop the standings with 2-0 records while the Batang Pier are at the bottom of the standings with 0-2 cards.ADVERTISEMENT View comments Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew ‘High crimes and misdemeanors’: Trump impeachment trial begins LATEST STORIES Sports Related Videospowered by AdSparcRead Next MOST READ Don’t miss out on the latest news and information. Peza offers relief to ecozone firms Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award DepEd’s Taal challenge: 30K students displaced Judy Ann’s 1st project for 2020 is giving her a ‘stomachache’ NorthPort was still in the coattails of the Fuel Masters at the midpoint mark of the second quarter, trailing by just three, 46-43, but that was just the start of Phoenix’s domination.The Fuel Masters finished the second half on a 14-0 run capped off by an LA Revilla layup for a 60-43 lead.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSTim Cone still willing to coach Gilas but admits decision won’t be ‘simple yes or no’Although the match ended in a much favorable way for Phoenix, head coach Louie Alas said there’s a bigger fish to snag and that is the next game against the Aces.“This will be Calvin’s [Abueva] first game against Alaska, and he I told him to leave everything on the line in our next game,” said Alas who played import Eugene Phelps for just 34 minutes. last_img read more

When would this Govt, GECOM recognize that elections must be called?

first_imgDear Editor,The question is: When would GECOM, and especially this PNC-led Coalition, come to the stark reality that Guyana must have General and Regional Elections? That is the question on everyone’s mind. And may I add: When would GECOM and this Government stop the delaying tactics and get on with the people’s business of conducting a free and fair election and one that is free from fear in this country?These are all pertinent and searching questions, the answers to which are, up to now, not forthcoming from these two entities. All we are getting thus far are excuses after excuses, too numerous to mention.It is high time this foolishness comes to an end.September 18th, 2019, like the morning sun, looms bright and clear on the horizon; yet we are locked in gloom as the burdensome weight of a PNC Government, through its instrument GECOM, keeps us head-locked in foolish and nonsensical arguments, while we are no closer to experiencing the dawn of a new day; a fresh start.We want elections! The Constitution and the people say so, and theirs is the only voice that matters!Next Wednesday would mark another deadline that would have come and gone all because a Government is hiding behind some ludicrous excuses and refuses to meet the electorate. Guyana has laws, and our country is supposed to be governed by a Constitution. That Constitution states emphatically in Articles 106 (6) and (7) what ought to be done when a government falls.It is nine months to the date, and the dictates of the law have neither been honoured nor respected. Why is this so? It then becomes clear that this Government is most fearful. And why should they be? Why the fear? Why the apprehension? Is it that they see defeat coming?The head of this Coalition Government is supposed to be an ex-army man; he should then stand like the brave and go back to the people who brought him to power in the first place. Why the cowardice? Do not this President and his Government know that they have to face the electorate after the successful passage of a No-Confidence Motion?Yes, they are well aware of this. So let us get on with the nation’s business, sir.Any Government — and this one is no different — when you have done your work, you must face the electorate for a fresh mandate to continue the “good work” started four year ago.Then I say: Let us get a clear evaluation of that work, whether good or bad, from the perspective of general election!Respectfully,Neil Adamslast_img read more