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Deutsche Bank share price up as merger and bailout rumours shot down

Shares in Deutsche Bank are trading up today after the German banking giant’s chairman silenced murmurs of mergers and bailouts. The share price for the country’s biggest bank had a turbulent 2016, particularly after it was revealed in September that the US Department of Justice was considering slapping the lender with a fine of as much as $14bn (£11.4bn) for mis-selling mortgage-backed securities. The bank settled for a comparatively small $7.2bn last month. Read more: Trump’s unhappy fate: To oversee a financial crisis far worse than the lastShares in Deutsche Bank are up 1.9 per cent at €17.57 at time of writing, as the European markets carried on trading while the UK enjoyed a bank holiday break. [charts-share-price id=”731″]However, investors had another reason to be cheerful today, after the latest manufacturing Purchasing Managers’ Index showed the sector in Germany was performing particularly strongly. Shares in the banking giant took a nasty tumble late last year when it was reported German Chancellor Angela Merkel may be unwilling to extend a bailout to the struggling lender, even given the size of the fine it was facing.  There have already been some predictions on what Deutsche Bank will do to pay the fine, with speculation having already surfaced the bank will be slashing bonuses. The lender has also already undergone considerable restructuring efforts, notably its Strategy 2020 turnaround plan, which was initially announced in October 2015. Read more: Cartels of banks fined by Swiss watchdog for rate riggingBut, chairman Paul Achleitner has ruled out merging with another European bank and receiving state aid as being among Deutsche’s options.”The management board in principle looks at everything that could help the business…At the moment, however, enthusiasm for a pan-European merger is muted as we have other priorities,” Achleitner told Frankfurter Allgemeine Sonntagszeitung over the weekend.And, on the possibility of a state bailout, Achleitner remarked: “No one in Germany needs to worry about rescuing banks.” Hayley Kirton whatsapp Share Deutsche Bank share price up as merger and bailout rumours shot down Monday 2 January 2017 1:28 pm whatsapp Read more: Why the ECB could be in for a tougher time following the Trump victoryThis is not the first time in recent history the bank has pushed back on suggestions a merger could be in the pipeline. Last August, it was rumoured Deutsche Bank could be merging with fellow German lender Commerzbank, but this was quickly laid to rest. Meanwhile, a number of key industry voices, including those from the European Central Bank, have warned the continent currently has far too many lenders and have called for consolidation across the banking industry. Deutsche Bank is due to announce its preliminary results for 2016 on 2 February. For its 2015 full year results, the lender revealed it had plunged €6.8bn into the red, its first full year loss since 2008.  Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoMedical MattersThis Picture Shows Who Prince Harry’s Father Really IsMedical MattersUndomoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoGive It LoveThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayGive It LoveUndoHouse CoastPregnant Beggar Was Asking for Help, But Then One Woman Followed HerHouse CoastUndo read more

Trump tells Republicans: Go ‘much higher’ on stimulus

first_imgHis full tweet read: “Democrats are “heartless”. They don’t want to give STIMULUS PAYMENTS to people who desperately need the money, and whose fault it was NOT that the plague came in from China. Go for the much higher numbers, Republicans, it all comes back to the USA anyway (one way or another!).” Trump urges Republicans to go ‘much higher’ on stimulus US President Donald Trump waded into the stimulus debate yesterday as the White House tries to break the deadlock (AFP via Getty Images) Also Read: Trump urges Republicans to go ‘much higher’ on stimulus Harry Robertson Show Comments ▼ More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comConnecticut man dies after crashing Harley into live bearnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com US Federal Reserve chair Jay Powell yesterday said more fiscal support was required. He has previously expressed concerns that the Fed is being left to do the heavy lifting. Talks between Republicans and Democrats over the next round of stimulus have ground to a halt. The level of unemployment relief has been a major sticking point. US President Donald Trump has encouraged Republicans on Capitol Hill to come up with a more generous stimulus offer, as the White House tries to break the deadlock over the next package. US President Donald Trump waded into the stimulus debate yesterday as the White House tries to break the deadlock (AFP via Getty Images) US President Donald Trump waded into the stimulus debate yesterday as the White House tries to break the deadlock (AFP via Getty Images) Also Read: Trump urges Republicans to go ‘much higher’ on stimulus whatsapp He also said that “some Republicans disagree, but I think I can convince them to go along with that”. However, Trump did not try to reach common ground with Democrats, but blamed them for the deadlock. Thursday 17 September 2020 9:58 am White House chief of staff Mark Meadows told CNBC that he was “probably more optimistic about the potential for a deal in the last 72 hours than I have been in the last 72 days”. Trump’s tweet is a sign that the White House is keen to secure a deal. Asked later in the day whether he supported a roughly $1.5 trillion package proposed by a bipartisan group, Trump said he wanted “something like that”. Trump tweeted yesterday evening: “Go for the much higher numbers, Republicans, it all comes back to the USA anyway (one way or another!)” Share Senate Democrats last week blocked the Republicans’ $500bn (£390bn) stimulus package, arguing that it was not enough. The Democrats want something closer to $2.2 trillion. whatsapp Trump attacks Democrats for deadlock The US economy is set for its worst year in memory. And although it will grow sharply in the third quarter after a terrible second quarter, economists warn that another injection of fiscal stimulus is sorely needed.last_img read more

Baroness Helena Morrissey quits St James’s Place to become AJ Bell chair

first_imgMarks & Spencer board member Evelyn Bourke has also been appointed as a non-executive director for AJ Bell. Baroness Morrissey will succeed Les Platts as AJ Bell’s chair at the company’s next annual meeting in January 2022. Baroness Helena Morrissey will join AJ Bell in July 2021. (Photo by Harry Engels/Getty Images) “More than ever people need to take control of their long-term savings and investments, whether that be via a financial adviser or doing it themselves.” Show Comments ▼ Baroness Morrissey is currently lead non-executive director for the Foreign, Commonwealth and Development Office, reporting to the foreign secretary. Baroness Helena Morrissey quits St James’s Place to become AJ Bell chair whatsapp “AJ Bell is a fantastic business operating in an exciting part of the market,” she said. Baroness Helena Morrissey has stood down from her role on St James’s Place’s board to become chair of investment platform AJ Bell. Tags: AJ Bell Company Marks & Spencer Group St James’s Place whatsapp Damian Shepherd center_img Tuesday 16 March 2021 10:14 am In the meantime, she join the board as chair designate in July 2021. Baroness Helena Morrissey will join AJ Bell in July 2021. (Photo by Harry Engels/Getty Images) Also Read: Baroness Helena Morrissey quits St James’s Place to become AJ Bell chair Baroness Helena Morrissey will join AJ Bell in July 2021. (Photo by Harry Engels/Getty Images) Also Read: Baroness Helena Morrissey quits St James’s Place to become AJ Bell chair She was chief executive of Bupa until December 2020 and previously held senior roles at several financial services businesses. Share “I’ve long admired AJ Bell and its commitment to helping people to invest,” Baroness Morrissey said. Baroness Helena Morrissey will join AJ Bell in July 2021. (Photo by Harry Engels/Getty Images) Also Read: Baroness Helena Morrissey quits St James’s Place to become AJ Bell chair More From Our Partners Biden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org “The business is growing quickly and I’m looking forward to joining the team to help build on that success and shape the future direction of the company.”last_img read more

Election Diary: Webmill Hub in Mountmellick, a letter to the Minister and Home Help in the county

first_img GAA 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshin Twitter WhatsApp RELATED ARTICLESMORE FROM AUTHOR Pinterest By Niamh Bowe – 20th May 2019 Here are all of Wednesday’s Laois GAA results Election Diary: Webmill Hub in Mountmellick, a letter to the Minister and Home Help in the county TAGS2019 Local ElectionsElection Diary GAA GAA Twitter Facebook WhatsApp Previous articleBrennan disappointed with ‘sloppy’ second half following Antrim winNext articleEight Talking Points as Laois minor footballers reach Leinster semi finals Niamh Bowe Facebook Home Politics Local Elections Election Diary: Webmill Hub in Mountmellick, a letter to the Minister and… PoliticsLocal ElectionsNews Brought to you in association with People First Credit UnionFergal Conroy welcomes Webmill in MountmellickMountmellick based local election candidate Fergal Conroy has welcomed the opening of the new state of the art Webmill Digital Hub at Mountmellick Development Association.Conroy commented on the hub saying “I am Delighted that after many months of planning, Webmill at Mountmellick Development Association is open and available for users,entrepreneurs,start ups and commuters.He also commented “The MDA complex has become a one stop shop with co-location of creche facilities and an excellent restaurant at the Hare’s Corner. Pinterest Kelly and Farrell lead the way as St Joseph’s claim 2020 U-15 glory There is ample free car parking spaces, meeting rooms and high-speed broad band makes Webmill very attractive for people to carry out there business activities without the high cost of renting their own premises.This state of the art development of this facility was part financed by funding of €218,200 from the Regional Enterprise Development Fund and €100,000 from the Town and Village Renewal Scheme.Conroy concluded by saying”The facility will be a wonderful asset for the town and surrounding area and a great advantage to start-up businesses and entrepreneurs.I wish to congratulate the team in the MDA for bringing this project to fruition and for their foresight in progressing this very important project for Mountmellick Town.”Letter to Minister of Justice regarding more Garda Community Officers for LaoisLocal Election Candidate Naeem Iqbal has said that he has met with Garda Community Officer Eoin Gardiner to discuss what Iqbal views as problems that are going on locally. They talked about anti-social behavior, child abuse, domestic violence and drug problems that are going on in Laois.Naeem wrote a letter to the Minister for Justice Charlie Flanagan  in which he demanded to increase the number of Garda Community Officers which you can view here.Low levels of Home Help care“I am amazed at the low level of home help care that is available to elderly people living in their own home. This is a situation that has really got worse,” said local election candidate Tom Mulhall.“In the past I would have made representations on behalf of people in need of home help and I would have succeeded in getting extra hours,” continued the Fine Gael councillor.“I am aware that patients are assessed for the level of care required but i feel in recent times there seems a lot of elderly patents not getting the care they need.“When you have a situation where there are a husband and wife together and one falls into bad health there is a huge amount of work on the person that is in the better health.“Public and private nursing homes are very expensive and the ‘so-called’ Fair Deal is not a Fair deal and people are not at all sure at what the are signing up to.“I am calling on the Department of Health and the HSE to provide proper home help for people living in their own homes with the economy improving and funding for these people that worked hard all their lives should be made available to look after them at home,” concluded the Graiguecullen-Portarlington Municipal District counccilor.SEE ALSO – Election Diary: Wheelchairs users have their say, facilities for young people and pay for school secretarieslast_img read more

Deaths in Laois – Saturday, September 19, 2020

first_img Previous articleDowling hits 1-5 as The Rock impress to reach intermediate semi-finalNext articleFr Paddy: The life story of Matt Talbot Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. Facebook Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival WhatsApp WhatsApp Pinterest Twitter Below are the recent deaths in Laois.Ar Dheis De go raibh a anam.Bruce WilkieWolfhill Road, The Swan, LaoisDeeply regretted by his loving mother Theresa, sons Seán and Bruce, daughters Denise and Cora, brothers Alan and Cormac, sisters Stasia and Sheevaun, wife Betty, son-in-law, daughters-in-law, brothers-in-law, sisters-in-law, grandchildren Aoife, Shay and Jack, nieces, nephews, relatives and friends.Rest in PeaceA private family repose will take place at 3.30pm on Saturday in Rigney’s Funeral Home, Athy. Removal on Saturday evening at 5.30pm to arrive at St. Mary’s Church, Wolfhill for 6pm. A private cremation will take place at a later date.Those who would have liked to attend the funeral but cannot due to current restrictions may leave a personal message in the section marked ‘condolences’ below.Richard HetheringtonCoote Street, Mountrath, LaoisRichard Hetherington, Coote Street, Mountrath, Co. Laois. Sept. 17. 2020 (unexpectedly). Deeply regretted and will be sadly missed by his sisters Ann and Madge (Carter), brothers John (Australia) and Tom (Kildare), uncle Tom, brother in law Dominic, sister in law Remy, nieces, nephews, grandnieces, grandnephews, extended family, relatives, neighbours and friends.May Richard Rest In PeaceA private family funeral Mass will take place this Monday morning (Sept. 21st.) at 10.00 o’c in St. Fintan’s Church, Mountrath (EirCode R32 X338), followed by burial in St. Fintan’s Cemetery Mountrath.Due to Covid 19 Directives only 50 people can enter the church, but other people by observing social distancing can attend outside the church or in the cemetery.For those who wish to leave a personal message for the family, can do so in the section below marked ‘ Condolences’ . Richard’s family would like to thank you for your co-operation, understanding, and support at this sad and difficult time.George SelbyRath, Ballintubber, Roscommon / Lucan, Dublin / Castletown, LaoisGEORGE SELBY Rath, Ballintubber, Co Roscommon and Lucan, Co Dublin and formerly of Castletown, Co Laois. September 17th, 2020; (Peacefully), at his home. He will be very sadly missed by his loving wife Eileen (née Flynn), sisters Maureen Egan (Laois), Eileen Quinn (London) and Catherine Naughton (Dublin), sisters-in-law, brothers-in-law, nieces, nephews, relatives, neighbours and friends.May George rest in peace.Please note that in an effort to follow current government guidelines and with the support and agreement of the family, George will repose at his home on Saturday but for family, neighbours and close friends only please. His funeral cortege will depart from his home on Saturday at 12.40 o’c arriving at St Patrick’s Church, Clooneycolgan for Mass of the Resurrection at 1 o’c. Burial afterwards in Oran Cemetery.Patricia Paddy RyanBallaghmore, Borris-in-Ossory, LaoisAnd formerly of Aghagurty, Clareen, Co. Offaly. Peacefully in the care of the Matron and staff of Villa Maire Nursing Home, Roscrea. Predeceased by her sister Carmel. Deeply regretted by her brother Jackie, sisters Aileen (twin), Roma and Nuala, sister-in-law Carmel, brother-in-law John, nieces, nephews, relatives, good neighbours and many friends.Rest in PeaceRemoval from her residence on Friday evening at 6.15 (travelling back into Roscrea, travel out by Assumption Park and turn at Ballybritt and down into Clareen village) arriving in Clareen Church at 7.00pm. Funeral Mass on Saturday at 11.00am followed by burial afterwards in the adjoining cemetery. (Due to government guidelines Patricia’s Funeral Mass will be strictly for family and relatives only please).Please observe social distance guidelines and no handshaking. Family flowers only please.Vincent ReddinThe Green, Lanesboro, Longford / Mountmellick, LaoisVincent Reddin, 44 The Green, Lanesboro, Co Longford and formerly of Mountmelick, Co Laois, died 16th September 2020, peacefully, in the loving care of Caroline and the staff of Innis Ree Lodge Nursing Home, Ballyleague.Predeceased by his wife Ellen and his son Niall. Deeply missed by his son Daragh, his sisters Philomena, Henrietta, Betty and Mary Francis, brothers Noel, John, Brendan, Anthony and Michael, extended family, neighbours, friends and former Bord na Mona colleagues.Rest in PeaceFuneral Mass on Friday 18th September at 12 noon. Burial afterwards in Clonbonny Cemetery. Following government guidelines regarding public gatherings, funeral Mass will be restricted to close family and friends.SEE ALSO – Deaths in Laois – Friday, September 18, 2020 Bizarre situation as Ben Brennan breaks up Fianna Fáil-Fine Gael arrangement to take Graiguecullen-Portarlington vice-chair role Electric Picnic Electric Picnic organisers release statement following confirmation of new festival date By Alan Hartnett – 19th September 2020 RELATED ARTICLESMORE FROM AUTHOR Facebook TAGSDeaths in Laois Twitter Home Deaths Deaths in Laois – Saturday, September 19, 2020 Deaths Electric Picnic News Deaths in Laois – Saturday, September 19, 2020 Pinterestlast_img read more

Canada’s economy unchanged in July

first_img Share this article and your comments with peers on social media Canada’s eight-month march of monthly growth in the economy came to an end in July, according to Statistics Canada, a development that could head off more rate hikes this year. Gross domestic product was essentially unchanged, at 0% growth in July compared with June, Statistics Canada said Friday. Leading indicators signal steady rebound: OECD Keywords Economic indicators Facebook LinkedIn Twitter James Langton center_img Economists said the lack of growth in July supports Bank of Canada governor Stephen Poloz’s cautious approach to increasing interest rates in a speech Wednesday. The central bank raised rates twice over the summer following the economy’s surprisingly powerful start to the year. “The (unusually) long streak of increases over the prior year means that GDP was still up a solid 3.8% year-over-year in July, reflecting broadly-based gains across goods and services sectors,” said RBC senior economist Nathan Janzen in a report. “More broadly, the slowing in GDP growth in July is consistent with our — and the Bank of Canada’s — view that the recent outsized pace of growth over the last year won’t be sustained going forward.” He said RBC is sticking with its prediction of GDP growth of 2.5% in the third quarter which ends Saturday, adding that pace could still justify further gradual rate hikes from the central bank. “We suspect that the slower start to Q3 gives us the flavour of things to come, with our forecast for the back half of the year tracking half the pace seen at the start of 2017,” said CIBC economist Nick Exarhos in a note. “That’s another reason why we see the Bank of Canada using a more gentle hand with tightening from here.” Most of the July weakness was in goods production which had a contraction of 0.5%, while the oil and gas subsector shrank 1.8%, with declines in both conventional and non-conventional production. The manufacturing sector also fell 0.4% overall, mostly because of declines in motor vehicle manufacturing and parts. Service industries posted overall growth of 0.2%, led by wholesale trade, which was up 2.0%, the highest monthly gain since September 2014. Household debt-to-income ratio fell in first quarter: Statscan Related news Economy lost 68,000 jobs in Maylast_img read more

Bank of Canada survey suggests business sentiment picked up after declining

first_img Companies outperform on digitization, prepare for further growth Canadian Press Share this article and your comments with peers on social media Household debt-to-income ratio fell in first quarter: Statscan Related news Keywords Surveys,  Economic indicatorsCompanies Bank of Canada Vancouver skyline with Stanley Park jakobradlgruber/123RF Business sentiment in Canada has picked up to show a slight improvement after falling earlier this year, according to a new survey by the Bank of Canada.The central bank said Friday that its summer business outlook survey, which measures corporate expectations, bounced back after falling into negative territory at the start the year. “The business outlook survey indicator edged up to its historical average consistent with a slight improvement in business sentiment,” the Bank of Canada said in its latest quarterly survey of senior management at roughly 100 firms.The business outlook survey, which was done in May and early June, found that following some softness in past sales, businesses expected an increase in sales growth over the coming year backed by domestic and foreign demand.“Sales optimism is concentrated in Central Canada and includes positive expectations for housing activity. Nevertheless firms anticipate weakness in sales tied to the Western Canadian oil industry to persist,” the report said.The Canadian economy hit a weak spot late last year as oil prices fell and the country posted its weakest back-to-back quarters of growth since 2015.The central bank’s spring business outlook survey indicator dropped into negative territory in the wake of that weakness, however recent data has shown an improving economy.Last month, Carolyn Wilkins, the central bank’s senior deputy governor, said growth was accelerating in the second quarter and should pick up the pace throughout the rest of 2019.Statistics Canada reported Friday real gross domestic product grew 0.3% in April to kick off the second quarter.The result was down from a showing of 0.5% in March, but more than the 0.1% economists had expected, according to Thomson Reuters Eikon.The Bank of Canada’a business outlook survey noted Friday that intentions to increase investment spending and to hire are positive in most regions and sectors.Reports of labour shortages increased from a low level last quarter, but the bank noted thy were not widespread.“Firms often reported shortages of skilled or specialized labour,” the report said. “Nearly half of all respondents judged labour shortages to be unchanged compared with 12 months ago, with some indicating that hiring has been difficult for more than a year.” Leading indicators signal steady rebound: OECD Facebook LinkedIn Twitterlast_img read more

Rental Affordability Index further exposes Liberal’s failure on housing

first_imgRental Affordability Index further exposes Liberal’s failure on housing Tasmanian LaborHobart families forced to pay 30 per cent of income on rentJaensch continues to fail to deliver social housingGovernment does nothing while housing crisis deepensTasmania remains the least affordable rental market in the country under a Liberal Government that refuses to address the housing crisis.Shadow Housing Minister Alison Standen said the latest Rental Affordability Index released today shows Tasmania’s housing crisis is worsening under the Gutwein Government and Minister Roger Jaensch, with Hobart still the least affordable city in which to rent in the country.Ms Standen said while the government and Mr Jaensch were big on making announcements they are appalling on delivery.“State-wide, rents are up 37 per cent and the gap between income and rents continues to grow with no relief on the horizon from the Liberals,” Ms Standen said.“Families earning average incomes are paying almost a third of that income in rent and that, in turn, means the situation is far more dire for families on lower incomes.“Mr Jaensch simply needs to deliver.“It’s not good enough that he has promised the world and delivered a pittance.“The proof is in the facts that were exposed just last week – Mr Jaensch delivered just five new homes for low income Tasmanians over the past year and he cannot explain why that number is so low.“The total supply of social housing in Tasmanian increased from 12,504 in September 2019 to 12,509 in September this year.“He has been forced to admit he has not built a single new social housing dwelling with the Commonwealth housing debt waiver money.“The government must also release the third quarterly Short Stay Accommodation report, which is two months overdue.“We have an opportunity to act immediately to regulate the short stay market to pause new permits on entire dwellings in tight housing markets, improving private rental availability and affordability.“With our borders open again and visitors starting to return, this would also support existing licensed operators experiencing low visitation.“We cannot return to the conditions that brought about the housing crisis. We need to prioritise housing security and look after all Tasmanians.”Alison StandenShadow Minister for Housing /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:affordability, commonwealth, crisis, failure, Government, Hobart, housing, market, Minister, money, rent, Rental affordability, security, Tasmania, Tasmanian Labor, Tassie, worldlast_img read more

Liberals wrong on Labor’s Free TAFE policy

first_imgLiberals wrong on Labor’s Free TAFE policy Tasmanian LaborRockliff’s claims on Free TAFE policy wrong Labor’s policy will increase skills trainingLiberals’ unfounded attack shows their lack of policy ideasThe Liberals’ desperate attempt to undermine Labor’s Free TAFE policy is not only baseless, but also demonstrates their complete lack of policy ideas to address Tasmania’s chronic skills shortage.Labor Leader Rebecca White said the Education Minister’s attack on Labor’s policy is an embarrassment to him and the government.“Labor’s fully-costed Free TAFE policy was developed in direct response to the Liberals’ dismantling and undermining of TAFE,” Ms White said.“As the Minister well knows, our Free TAFE policy is in addition to our broader plan to rebuild TAFE from the ground up and will support another 20,000 Tasmanians to get a foot in the door to a good job.“We will invest $22.5 million over four years to expand the teaching workforce by approximately 20 per cent, improve regional delivery and align training with workforce needs, with a further $40 million to provide training in areas of critical skills shortages, including aged care and disability services, as well as building and construction, tourism, hospitality and agriculture.“Labor has a plan to expand TAFE with a clear and costed plan, to help Tasmanian businesses looking to upskill existing staff or take on trainees or apprentices, and to provide Tasmanians with the skills they need for the jobs of the future.“More than 14 per cent of young Tasmanians remain without work, and we have the worst under-employment rate in the country as well as the lowest participation rate.“Labor will continue to focus on creating training and work opportunities for Tasmanians and building a better and fairer state. Instead of making baseless accusations about our policies, perhaps the Liberals should do the same.”Rebecca White MPLabor Leader /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:aged care, Agriculture, Attack, building, chronic, education, future, Government, jobs, Minister, TAFE, Tasmania, Tasmanian Labor, Tassie, tourism, workforcelast_img read more

Royal Navy confirms two new fast patrol boats

first_imgRoyal Navy confirms two new fast patrol boats The Royal Navy can confirm the Her Majesty the Queen has approved the names of two new fast patrol boats, which will be based in Gibraltar, as HM Ships Dagger and Cutlass.Dagger is a name new to the Royal Navy. It was due to have been assigned to a weapon-class anti-submarine escort in late World War 2. But, the conflict ended and the ship was cancelled.Only one previous HMS Cutlass has served under the White Ensign. During the 1970s with her sisters Scimitar and Sabre, not the same vessels which later served in Gibraltar. She was used to train Royal Navy and NATO warships to deal with the threat of fast missile/torpedo craft as part of the First Fast Training Boat Squadron.Gibraltar Squadron Fast Patrol CraftInformation on the Gibraltar Squadron Fast Patrol Craft. Crown copyright.The Gibraltar Squadron Fast Patrol Craft is supporting British operations and patrolling HMNB Gibraltar and British Gibraltar Territorial Waters.Powered by 3x Volvo D13-1000 engines (each producing 1,000hp) and 3x MJP350X water jets6 crew (plus 6 passengers)up to 40 knotsinitially will carry 3x purpose machine gun (1 on fore deck, 2 off deck), will be fitted for (but not with) the 0.50cal heavy machine gunsLength: 19.0m. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:boat, British, conflict, crew, deal, Gibraltar, Government, military, NATO, navy, Queen, UK, UK Government, Water, worldlast_img read more