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ABS analysis shows owner occupiers are picking up investor slack when it comes to finance. Photo: Glenn Hunt/Getty ImagesHomeowner finance is on the rise according to the latest release from the Australian Bureau of Statistics (ABS).According to ABS Lending Finance analysis for July 2017, the total value of owner occupied housing commitments excluding alterations and additions rose 0.7 per cent in trend terms and 0.9 per cent seasonally adjusted.More from newsMould, age, not enough to stop 17 bidders fighting for this homeless than 1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investorless than 1 hour agoIn comparison, investors saw a one per cent drop in their trend number, and a 3.9 per cent fall on the seasonally adjusted result.In trend terms, the number of commitments for the construction of dwellings rose two per cent — the same results as for the number of commitments for the purchase of new dwellings.The number of commitments for the purchase of established dwellings rose just 0.3 per cent in trend term, but remained dominant at type, comprising 83 per cent of total commitments.CommSec chief economist, Craig James, said the ABS results show construction still has a way to run.“Budding owners of new homes remain active – loans to buy blocks of land hit $7.6 billion over the year to July, up 21 per cent on a year ago.“The home building boom has legs,” he said.
The Indian River County Sheriff’s Office said 81-year-old Carmelina Kholer, and her adopted daughter, 38-year-old Crystal Kholer were last seen headed to a nail salon on Monday around 11 a.m.Crystal later returned home in her adopted mother’s van, alone.Carmelina was then reported missing. Authorities said Carmelina’s phone was found in a location that she had no reason to be.On Tuesday morning, detectives received a tip on where Carmelina’s body was located.Sheriff Deryl Loar said Crystal Kohler was in possession of cocaine, and was arrested on charges of grand theft auto and driving with a suspended license. She was later charged with first degree murder. She’s being held in the Indian River County jail without bond.Officials will continue to investigate what led to the murder of Carmelina.If you have any information about Carmelina’s death, you’re asked to contact Detective Rebecca Hurley at 772-978-6240. Police have arrested the adopted daughter of a missing woman who was found dead on Tuesday.Daughter arrested after mom goes missing in Vero Beach
SATURDAY(All kick-offs 3pm UK time unless stated) Stoke City v Manchester United Stoke are without a handful of players due to hamstring complaints: Stephen Ireland, Peter Crouch, Geoff Cameron and Marc Muniesa. Bastian Schweinsteiger is absent for Manchester United serving the final game of a three-match ban.Aston Villa v West Ham United Captain Micah Richards is again missing for Aston Villa with a knee injury. Andy Carroll could return for West Ham.Bournemouth v Crystal Palace Josh King is unavailable for Bournemouth with a hamstring injury, meaning Glenn Murray could deputise again. Crystal Palace are without Bakary Sakho and Dwight Gayle.Chelsea v WatfordEden Hazard could be available for Guus Hiddink’s first game in his second spell as interim Chelsea manager. Nathan Ake is ineligible to play for Watford against his parent club.Liverpool v Leicester Danny Drinkwater is expected to miss the match for Premier League leaders Leicester. Liverpool will welcome Simon Mignolet back between the posts. Manchester City v Sunderland Vincent Kompany is poised to return for Manchester City. Sunderland are without Younes Kaboul, who was ruled out for several weeks with a hamstring problem.Swansea City v West Bromwich AlbionWayne Routledge has shrugged off a knee injury to make the Swansea squad. Salomon Rondon and James McClean start their three-game bans for West Brom after the pair were sent off in the 2-1 defeat against Bournemouth.Tottenham v Norwich Tottenham have Ryan Mason available again after he recovered from an ankle injury. Andre Wisdom is “touch and go” to make the Norwich side.Newcastle v EvertonPapiss Cisse is a major doubt for Newcastle. Everton quartet Phil Jagielka, Steven Pienaar, James McCarthy and Bryan Oviedo are pencilled in for a festive return – but this clash may come soon.Southampton v ArsenalSouthampton are sweating on the fitness of Maarten Stekelenburg , who has a toe complaint. Alexis Sanchez has suffered a setback in his return from a hamstring injury and will not feature for Arsenal. VIDEO PREVIEWClick here to watch Gary Al-Smith preview the games for the Joy News channel. – Follow Joy Sports on Twitter: @Joy997FM. Our hashtag is #JoySports
Money, time and other resources that have been committed to a project are known as sunk costs. There is no getting them back, for the most part. Picture your money and resources growing wings, if you need to. But the funny thing about sunk costs is that when you’re making executive decisions on a project, you should do your best to ignore them. Instead, concentrate on the future and the costs and opportunities therein.If you have spent $100,000 on a six-month project, you have a few options. None of these options involve recouping the initial $100,000 sunk cost associated with the project. So going forward, if another $100,000 is needed, and say, another three-month commitment, only think about the variables and profits associated with going forward.Ignoring your losses is a difficult thing to do. It may be against our nature, even. But doing so will give you an accurate perspective on a project; one that isn’t clouded by sunk costs that have long ago floated away on their wings.AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to PrintPrintShare to EmailEmailShare to MoreAddThis