Pension bonds will not solve Dallas budget woes

Dallas will face tight budgets for the next few years, partly because it must keep hiring more police, paying them more and contributing more to the Dallas Police and Fire Pension Fund. In January, that fund, which has about 11,600 members, was $3.73 billion short of what it needs to meet its existing obligations. But…

Gambling legislation negotiated between Labor government and Coalition, who wants to ban commissions on losses

Sports betting companies could be banned from paying commissions to VIP account managers, and streaming platforms such as 9Now and 7plus could opt to comply with the same gambling advertising restrictions as free-to-air TV under proposed changes to Labor’s gambling reforms put forward by the Coalition. High-risk gambling inducements could also be curtailed while rules…

Selling off public assets only offers temporary relief to debt crisis, says World Bank

World Bank has criticised the government’s strategy of off-loading lucrative public assets.[Courtesy] The World Bank has criticised the government’s strategy of off-loading lucrative public assets, warning that selling these prized businesses only offers short-term relief to the country’s debt crisis. The Bretton Woods institution argues that since the revenue streaming in from the divestiture and…

MPT Stock Slides As Traders Weigh Debt, Yield And Support

Medical Properties Trust Inc. stocks have been trading down by -13.09 percent amid heightened concerns over its hospital tenant financial stability. Spot the Next Big Runner Click Here for a Millionaire’s POV on Trading MPW SUBSCRIBE FOR ALERTS JOIN 50,000+ ACTIVE TRADERS Key Takeaways Price action in Medical Properties Trust Inc. shows a steady drift…