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Veteran Diggers fall victim to national housing scheme spruiker

Veterans diggers deployed to Iraq victims in property investment scandal

Veteran Diggers that served in Iraq and Afghanistan have fallen victim to the lure of promised returns from National Rental Affordability Scheme (NRAS) residential housing projects promoted by a spruiker working on commissions with the National Australia Bank and property developers. As many as two hundred Aussie veterans lost up to

Townsville Council secures “Big 4” Chief Finance Officer

Townsville City Council CEO Adele Young in charge of TCC restructure and executive appointments.

Townsville City Council (TCC) announced today, the appointment of ex-Pricewaterhouse Coopers (PwC) and Deloitte strategic planning accountant and auditor as the local government authority's Chief Finance Officer (CFO). Mr. Matt Thompson will begin his new role as head of the Business Services division. This is the final executive position to be

Corporatocracy officially launched by Council to secure private capital

Woman demonstrates for democracy not Corporatocracy

Council or corporatocracy? Corporatocracy has officially arrived in North Queensland helping the Townsville City Council (TCC) to gain renewed energy and purpose in creating economic opportunities for the City. The official announcement this week by the local government authority has created a development corporation so as to take advantage of private capital

Bank fees in billions for home owners

Bank customer at ATM machine

The Reserve Bank of Australia released new data this month and found that Australians are paying for $1 billion a year in banking fees. These fees are the higher charges that are linked to home loans and credit cards. Property owners and credit card holders are throwing hundreds of dollars a

Council chambers development exposes false international bank representation

UK Prime Minister David Cameron speaking at Big Society Capital

Breaking story International banks are setting up global networks of "intermediaries" like the NSW-based Eastbrook Medical Centres (EMC) who have purchased the old Thuringowa council chambers site in Kirwan. They plan to develop 132 residential units and to recruit finance "actors" in the community to team up with trusted professional partners as

Reserve Bank June 2017 Rate Announcement.

Australia Reserve Bank Boardroom

The decision The Reserve Bank of Australia (RBA) Board today announced their cash rate decision. North Queensland and Townsville home owners and buyers receive no interest rate relief. In a move that was widely predicted, the RBA has retained the current official cash rate at 1.50%. The RBA is expecting economic growth to

Family-owned local building company in liquidation after 30 years servicing North Queensland

Liquidators have moved on another long-standing Townsville family-owned business that has been manufacturing, supplying and installing building products for 30 years after collapsing with close to $2 million in debts. Nu-lite Glass and Aluminium has been experiencing significant reductions in business activity and increased competition, causing a dramatic reduction in the

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