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world's solutions | May 2014 - world's solutions

Auction market remains stable before winter slowdown

THE auction market has hit a stable level with more than 2400 properties expected to go under the hammer this week. While auction levels will inevitably drop as colder weather hits, for now the market is still going strong. Victoria

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HOMEOWNERS dodged a bullet in this year’s Budget

HOMEOWNERS dodged a bullet in this year’s Budget, with multi-billion tax breaks failing to come under scrutiny. Historically, real estate is a minor player during federal Budgets, with the industry managed more tightly under macro rather than micro positioning. But

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Adelaide Bank offers most affordable home loans, research finds

BEING with the most affordable mortgage provider can save nearly $5000 a year, university research reveals. The research compares 12 years of rate data from 39 Australian lenders and reveals the gap between the top and bottom to be almost

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THE US arm of Australian red light camera operator

THE US arm of Australian red light camera operator Redflex Holdings Group is embroiled in a corruption scandal in Chicago. A former city official is facing a 10-year prison sentence after allegedly being lavished with cash, a condominium, hotel stays

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Australian dollar lower on ECB rate cut talk

THE Australian dollar is lower, as expectations of an interest rate cut from the European Central Bank grow. At 0630 AEST on Thursday, the local unit was trading at 93.79 US cents, down from 93.98 cents on Wednesday.

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UK’s Co-op delegates support reforms 0

THE UK’s Co-operative Group has secured “resounding endorsement” for reform after a vote by members paved the way for radical changes in the way it is run. Delegates at a meeting in Manchester unanimously backed a motion calling for elected

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incredibly tough life of illegal miners in the Madre de Dios region of Peru

THEY sweat through 28-hour shifts in the malarial jungle of the Madre de Dios region of south-eastern Peru, braving the perils of collapsing earth and limb-crushing machinery to come up with a few grams of gold. Most illegal miners hail

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Mark Zuckerberg sued on 30th birthday by developer Mircea Voskerician over real estate deal

A NORTHERN California real estate developer is suing Facebook founder Mark Zuckerberg over a deal involving property behind Zuckerberg’s home. Mircea Voskerician says he agreed to sell his stake in the property to Mr Zuckerberg in exchange for a promise

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The photos North Korea did not want you to see

PHOTOGRAPHER Eric Lafforgue has ventured into North Korea six times. Using digital memory cards he smuggled out images of the communist nation he was forbidden to take. Mr Lafforgue wanted to show that North Koreans are humans, not robots, who

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FRUSTRATED Tameka Butt wants to be on the pitch for Australia

FRUSTRATED Tameka Butt wants to be on the pitch for Australia on Sunday with just a point needed to qualify for the 2015 World Cup after a recurring ankle injury forced her out of the Matildas’ win on Friday. The

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