| CUA axes variable loan sales by brokers
AUSTRALIA'S largest credit union is the latest credit crunch victim, suspending sales of all its variable home loans through brokers. Credit Union Australia has told brokers the sales would stop from today, although it would continue to sell the loans through its branch network. "As a result of recent events in financial markets and following a review of CUA's broker distribution model, CUA will temporarily withdraw its variable interest rate product range from this Friday," the credit union said in a note to brokers. CUA is also by far Australia's largest mutual society, with 388,000 members and $6.6 billion in assets. CUA merged last year with the Australian National Credit Union to form the new entity. It was named credit union of the year this year by Money magazine.
New Hampshire Primary Coverage - Tuesday, January 8, 6:00 p.m. - 1:00 ...
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MEP quits over EU waste
The constant travelling inevitably takes its toll, particularly because of all the extra commitments that come from being Labour Leader in Europe," he said. “Furthermore, I can no longer tolerate shifting the Parliament lock, stock and barrel to Strasbourg one week a month. This is not only a colossal waste of time and money, but also seriously undermines the standing and effectiveness of the Parliament." The European Parliament's home is Strasbourg but committee meetings where most of the detailed work is done are held in Brussels, Belgium. Under the Maastricht Treaty signed in 1992 when John Major was British Prime Minister it was agreed that premier meetings of the parliament would be in Strasbourg. That cannot be changed unless all 27 member countries agree.
2 top realty firms merge
Lansing's two dominant residential real estate firms decided Tuesday it's a merger market. Officials from Delta Township's Coldwell Banker Hubbell Real Estate Co. and Okemos-based BriarWood Realty Co. said Tuesday they are combining their sales teams, creating a titan real estate firm in the Lansing area. Based on 2007 figures, the new Coldwell Banker Hubbell BriarWood will have a 38 percent market share in a region that is largely made up of the tri-county area, with $536 million in sales. .
Regan and Tindall injury doubts for England
Bristol hooker Mark Regan has emerged as England's latest casualty ahead of the Six Nations Championship opener against Wales at Twickenham. Gloucester sinks WaspsLeicester beat NewcastleSix Nations previewGloucester centre Mike Tindall, meanwhile, who is set to make a Test return next Saturday after missing the 2007 World Cup campaign through injury, suffered bruised ribs during his side's Guinness Premiership 18-17 victory over Wasps. .
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