MA Financial is the latest Australian private credit fund to lower valuations of its property related loans as real estate conditions worsened in October.

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‘Counterintelligence nightmare’: Spotlight on Huang’s close ties to Trump

World News

3d ago

‘Counterintelligence nightmare’: Spotlight on Huang’s close ties to Trump

The Nvidia chief executive frequently visited the White House, received state dinner invitations and even hitched a ride on Air Force One to China.

#white-house #trump #counterintelligence

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A weak Australian dollar starts to threaten RBA’s inflation fight

Business & Economy

3d ago

A weak Australian dollar starts to threaten RBA’s inflation fight

The lowest Aussie in seven months could lead to more expensive imports, stoking further price rises to make the central bank’s job harder.

#rastra-bank #rba #australia

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GQG, Regal and WAM funds hammered in market’s Red October

Business & Economy

3d ago

GQG, Regal and WAM funds hammered in market’s Red October

Investors pulled another $10 billion from GQG’s strategies in October, while other top fund managers were left nursing double-digit declines over the month.

#gqg #wam #regal

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This ain’t your parent’s housing correction. It will be much worse

Property & Real Estate

3d ago

This ain’t your parent’s housing correction. It will be much worse

Commonwealth Bank quarterly trading update shows the housing market is still some way off touching the bottom. But it’s what comes after that we need to worry about.

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The man tasked with getting bikies hired on government building sites

Building & Construction

3d ago

The man tasked with getting bikies hired on government building sites

A CFMEU organiser told the Victorian royal commission the union appointed at least 11 bikie-linked men as health and safety representatives and helped one bikie with his parole.

#victorian #tzimas

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Sanjeev Gupta’s Infrabuild secures $375m in debt after legal win

Technology

3d ago

Sanjeev Gupta’s Infrabuild secures $375m in debt after legal win

Progress on the raising comes as Gupta’s languishing empire GFG Alliance on Tuesday struck a deal that would allow him to retain control of Infrabuild.

#sanjeev-gupta #infrabuild

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What happens when pilfered paintings come back to market?

Technology

3d ago

What happens when pilfered paintings come back to market?

Efforts to authenticate hundreds of works by Indigenous artist Sally Gabori that were “sold” through the back door are delivering in the saleroom and to the artist’s family.

#sally #gabori #indigenous

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AI is an inflation problem, but that’s not a reason to stop it

Business & Economy

3d ago

AI is an inflation problem, but that’s not a reason to stop it

To limit the inflationary and interest rate impact, governments should be cutting unproductive spending to make space for the private sector’s AI splurge

#interest-rates #inflation

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The fitness industry’s 80/20 gospel is copping heat

Health & Wellness

3d ago

The fitness industry’s 80/20 gospel is copping heat

Zone two training has surged in popularity over the past few years. Exercise scientists say we may have oversold its importance for weekend warriors.

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Melbourne heavyweights sell Toorak home for $25m after hefty discount

Property & Real Estate

3d ago

Melbourne heavyweights sell Toorak home for $25m after hefty discount

To meet the market, developer David Deague and wife Kristene cut $8 million from initial hopes for their long-held family home in Melbourne’s priciest suburb

#melbourne #toorak #deague

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