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Tuesday, October 4th, 2016

 

More details emerge of Pilbara property developer’s $190m ‘Ponzi scheme’

A Pilbara property developer accused of running what might be a $190 million Ponzi scheme plans to charge investors about $180 to attend a Perth function updating them on the business. Veronica Macpherson has invited investors and stakeholders to attend a dinner in Ascot this month, saying the proceeds will help preserve their interests and maintain her Macro Realty Developments’ customer services. In August, the Federal Court ordered a freeze on Ms Macpherson’s assets, and those of companies associated with the property developments. An Australian Securities and Investments Commission investigationRead More


Top 10 Culture Shocks When Living As Expat In Singapore

By: Laura Scheffner When I was 6 year old, I like to keep a list which would name all countries that I’ve visited. I used to be so excited about adding countries that even a little stop over to change plan would count as “Country I have been to”. That passion for travelling didn’t stop there, it even got stronger and stronger over the years. After many years of backpacking around various parts of the world, I ended up in Singapore! I’ve had a fair share of wonderful and interestingRead More


Singapore Home Prices Slide by Most in More Than Seven Years

Singapore home prices dropped by the most in more than seven years as developers offered discounts amid signals from the government that it won’t roll back property curbs initiated in 2009. An index tracking private residential prices fell 1.5 percent in the three months ended Sept. 30 from the previous quarter, the biggest decline since June 2009. Prices fell for the 12th straight quarter, the longest streak of quarterly losses since prices were first published in 1975, according to preliminary data from the Urban Redevelopment Authority Monday. The head ofRead More