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Departing DVLA chair to steer UK bank compensation scheme

Lesley Cowley is the leading candidate to become the next chair of the deposit protection programme as the Bank of England considers reforms in the wake of last year s banking crises, Sky News learns. ....

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Mackay property developer sues council in mega $42m lawsuit

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A business mogul has launched a mammoth $42m lawsuit against Mackay Regional Council over a proposed residential development in the city s south.
Mackay property developer John Cowley, who with his wife Rhonda owns multiple development companies and trusts, has alleged council backflipped on a promise to support his push for a housing subdivision.
It is further alleged council benefited from more than $16m in infrastructure to the area that was paid for by the Cowleys, which they claim had only been designed and built as part of a joint agreement in relation to the housing project. ....

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