Author: Jordan

Goodlord has partnered with insurance managing general agent Elevate Specialty to launch a suite of insurance products designed to address the changing requirements of the rental sector under the Renters’ Rights Act. The partnership introduces a landlord and rent guarantee insurance product embedded within the Goodlord platform, aimed at providing protection against rental income loss and legal expenses in a rental market shaped by longer tenancies and changes to possession rules. The companies have also launched Goodlord Rent & Bills, an income protection product intended to help tenants cover rent and household bills if they are unable to work. Goodlord…

PaleBlueDot AI, a Silicon Valley-based AI infrastructure platform founded in 2024, closed a new credit refinancing facility of $255 million. The facility is structured as a three-year private note. Brookfield Asset Management and Tor Investment Management provided the financing, and JPMorgan acted as placement agent for the facility. PaleBlueDot AI intends to use the net proceeds to refinance existing credit facility and support continued development of agentic AI infra for global enterprise customers. Source link

The limits of borrowed growth Deccan Herald Source link

Demand has soared in dozens of suburbs across the country, challenging assumptions that buyers are retreating from the market.New PropTrack data has shown that the level of buyer enquiry has more than doubled in many affordable suburbs across Australia, despite a series of shocks that have rocked the market.While auction clearance rates have fallen and prices have pulled back in some cities amid property tax changes affecting investors, buyers in other parts of the country have been increasingly eager to snap up properties.The data reveals which suburbs recorded the largest increase in the average number of key enquiries per property…

Liam James Pritchard, of Council Street, Ebbw Vale, was 20 years old. The inquest took place at Gwent Coroner’s Service in Newport. Mr Pritchard died on June 29, 2025, outside a cottage on Tredegar Road, and took his own life.  Assistant coroner Frazer Stuart concluded that Mr Pritchard died by suicide. The inquest was formally opened on July 8, following an investigation that began a week earlier. Mr Pritchard was born in Abergavenny on August 5, 2004. Why We Report on Inquests Inquests are public hearings that examine the circumstances of sudden or unexplained deaths. We report on them to…

Months before a US buyer paid $7.8 million ($US5.5 million) for a house perched above Cape Cod Bay in Massachusetts, a local newspaper described it as “endangered.” The foundation sat less than 4.2 metres (14 feet) from the edge of a Wellfleet bluff that had been retreating at a rate of 1.83 to 2.13 metres (6 to 7 feet) per year. At that pace, the house was on track to collapse into the bay well before a standard home loan matured. Nevertheless, John G. Bonomi Jr. was able to secure a $5.4 million ($US3.85 million) mortgage to buy the home…

Union Minister of State for Personnel, Public Grievances, Pensions Dr. Jitendra Singh on Tuesday called for professionalising municipal governance through research, capacity building and robust financial reforms, asserting that technology, evidence-based decision-making and sound financial management will shape the next generation of Urban Local Bodies (ULBs). The Minister was addressing the signing of a Memorandum of Understanding (MoU) between the Centre for Urban Studies (CUS) at the Indian Institute of Public Administration (IIPA) and the Institute of Chartered Accountants of India (ICAI). The partnership aims to strengthen municipal accounting systems and improve financial management practices through research, training and institutional…

Australia’s Reserve Bank has been accused of driving some of the deeply entrenched inflation it has been trying to tame via interest rate hikes, with new research showing rises in households’ living costs have far outpaced official CPI figures. The research from Airteam and Primara Research revealed that CPI no longer truly represented the increases in prices and goods people pay because the figures do not capture rises in housing costs or the challenges created by poor housing affordability. The Consumer Price Index, or CPI, is the primary metric the Reserve Bank uses to guide its monetary policy, with the…

12:01 AM, 22nd July 2026, 6 minutes ago Landlords looking to strengthen returns may find the latest regional rental yield figures interesting. Paragon Bank’s lending data shows the average gross yield reached 7.02% by the end of June, up from 6.96% at the close of the first quarter. Its Q2 2026 Buy to Let Yields report records a longer rise from 5.84% in 2021, following the end of the Covid lockdowns. Scotland produced the largest quarterly increase, with yields rising by 0.53 percentage points to 7.97%. Yields continue growing Paragon’s managing director of mortgages, Louisa Sedgwick, said: “The second quarter…

Consumers are watching their spending more closely, but they are not giving up the financial leeway that credit can provide. That is the larger trend emerging from recent PYMNTS Intelligence research, and new Federal Reserve Bank of New York data adds another piece of evidence. The share of consumers who applied for credit during the previous 12 months reached 46.1% in June, up from 44.4% in February and the highest level since October 2021, per the central bank reflecting June’s trends. The rejection rate increased slightly to 16.1%, but remained well below the 23.1% recorded a year earlier. The numbers…