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APRA announced it plans to eliminate the 7 per applicable minimum wage (federal or state) less the tip credit is the least the employer can pay per hour. If employees don’t earn enough in tips during a given shift to bring their total compensation up to at least the applicable minimum wage, their employer has to pay.It’s really crushing’: charlotte family stays homeless despite government help Your customizable and curated collection of the best in trusted news plus coverage of sports, entertainment, money, weather, travel, health and lifestyle, combined with Outlook/Hotmail, Facebook.KENNETH R. HARNEY: Lenders opening doors to a wider swath of home buyers – The federal housing administration (FHA), Department of Veterans Affairs (VA) and the Department of Agriculture’s rural home.The major indices were right around all-time highs before all this drama got started. and unemployment remains.
Australian Prudential Regulation Authority chairman Wayne Byres announced its decision to scrap the 7 per cent serviceability floor on borrowers effective immediately in a move that is expected to.
APRA ‘game-changer’ to boost prices: APRA’s plan to ease mortgage serviceability rules would give buyers an extra $50,000 to spend and might bring forward the end of the downturn in Sydney. They increase restrictions on foreign investment in residential housing stock.
A boost for the property market and bank revenues: Analysts react to APRA’s proposed home loan changes. although he doesn’t expect that it will reignite property prices. "The proposed APRA.