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June 20, 2018 9:24 PM Homeowners brace for wipeout with $100,000 falls expected as bank admits it badly underestimated the depth of the real estate downturn

Sydney and Melbourne house prices are expected to plunge by 10 per cent in coming months with a major bank forecasting worse news than anticipated. ANZ has admitted it underestimated the downturn in Australia's two biggest real estate markets, as tighter bank lending rules bite and wipe an average of $100,000 from recent peak median house prices in both cities 2

June 20, 2018 8:41 AM Moldova court invalidates election win of pro-European mayor

CHISINAU, Moldova (AP) - A Moldovan court has invalidated the election victory of a pro-European candidate to the post of mayor of the Moldovan capital. The Chisinau Court ruled late Tuesday that Andrei Nastase was not the winner of the June 3 vote, without providing a reason. On Wednesday Nastase submitted an appeal, claiming the ruling was politically 1

June 18, 2018 11:24 AM Virgin Money takeover puts ex-Barclays chief´s 10x contract in doubt

Ex-Barclays chief Antony Jenkins may see his banking tech services firm lose its largest commercial contract to date in the wake of CYBG’s takeover of Virgin Money. 10x Future Technologies has been building Virgin Money’s digital bank with plans for a full roll-out in 2019, but the platform’s future is now in doubt after CYBG said the bank was likely 5

June 18, 2018 12:28 AM Debit card payments more popular than cash

Debit card payments have overtaken cash use for the first time, new figures show, as contactless technology takes a firm hold on day-to-day spending. A total of 13.2 billion debt card payments were made last year, a rise of 14% on the previous year, according to banking trade body UK Finance. That outstripped the 13.1 billion cash payments made, as the use of notes 7

June 6, 2018 11:09 AM New banking option for Ryedale residents

RYEDALE District Council is working in partnership with Community First Credit Union to offer an alternative banking option. Residents in Ryedale can open a current account with card access and online banking facilities through the credit union. They also offer loans, savings accounts and a budgeting account which assists households to manage their monthly 7

April 6, 2018 3:36 PM Microsoft fraud foiled by Post Office staff

QUICK thinking by post office staff in Easingwold has alerted police to a fake Microsoft fraud. North Yorkshire Police said they noticed that two different customers within 24 hours asked them to transfer up to£4,000 to an unknown account in Poland via Moneygram. Staff refused to process both transactions and used the banking protocol to alert police 35

March 14, 2018 4:00 PM Teenagers cause $20,000 worth of damage during rave at $6million rented home that girl, 14, rented for a night using her parents' credit card

An 'uncontrolled' house party in Vancouver has caused about $20,000 worth of damage after a teenage girl rented the home online using her parents' credit card. The 14-year-old rented the $6 million house online without her parents' authorization, West Vancouver police said, with about 200 teenagers flooding out of the residence when they arrived 12

March 7, 2018 6:40 AM Economic adviser quits White House over trade tariffs

Gary Cohn, director of the National Economic Council, is the latest in a long list of resignations from Donald Trump's cabinet. Gary Cohn, viewed as a voice for Wall Street, resigned after battling with the president over his plans to impose hefty steel and aluminium import tariffs. The 57-year-old, who was a key architect in Mr Trump's tax reforms 36

February 27, 2018 4:00 AM Care worker stole from vulnerable people with mental disabilities

A SENIOR care worker stole between £12,000 and £15,000 from people with mental disabilities in a "gross breach of trust", York Crown Court heard. Beth Wallace admitted setting up internet banking for the accounts of five people for whom she was a care supervisor when working for Mencap in York. She pleaded guilty to five charges of fraud in abuse of position 26

February 24, 2018 3:21 AM Check your numbers: UK EuroMillions player wins nearly £78m

One lucky UK player has banked a £77m share of the jackpot and seven UK ticket holders have made a million each. The jackpot has been growing since the turn of the year and stood at £154m - the highest since October 2017 when the sum was £170,810,000. The numbers drawn were 10, 17, 18, 28, 47 and Lucky Stars were 3 and 7. Andy Carter, senior winners' 19