Latest news with #Golding
USA Today
4 days ago
- Sport
- USA Today
Who is the highest-paid SEC assistant coach? Ole Miss DC Pete Golding leads group
Following his contract extension in the offseason, Ole Miss football defensive coordinator Pete Golding is among the highest paid assistant coaches in college football this season. In just three seasons at Ole Miss, Pete Golding has built the Rebels' defense into one of the best units in the country. For that, the third-year Rebels coordinator is now the highest-paid assistant coach in the SEC and one of the top in college football. Noted by the Clarion-Ledger, part of the USA TODAY Network, Lane Kiffin and Ole Miss rewarded Golding with a three-year contract extension this past offseason that pushed him up the ladder among the highest-paid assistants in the SEC with a salary of $2.55 million for this upcoming season. REQUIRED READING: Jon Gruden would 'die to coach in the SEC' as he looks to return to football Hired ahead of the 2023 season by Kiffin, Golding's new contract − which he signed on Feb. 25 of this year − will give him a $300,000 pay increase from his previous contract for the 2025-26 season. He was scheduled to make $2.25 million this year. Using last year's USA Today's highest-paid assistant coaches database as a reference, Golding was previously the fourth-highest-paid assistant coach in the country among public universities and colleges. His new contract now makes him the second-highest-paid assistant, only behind new Penn State defensive coordinator Jim Knowles, who is making an annual base salary of $3.1 million. Ole Miss finished just behind Knowles' then-Ohio State Buckeyes defense last season as the No. 2 scoring defense in the country at 14.38 points per game. Golding's unit is set to open the 2025 season against Georgia State on Saturday, Aug. 30 at 7:45 p.m. ET at Vaught-Hemingway Stadium. Here's more on Golding's recent contract extension and salary increase at Ole Miss: Pete Golding Ole Miss contract extension, salary details Noted by the Clarion-Ledger, Golding signed a three-year contract extension with Ole Miss that will keep him in Oxford through the 2027-28 season. His salary for the current 2025-26 is listed at $2.55 million, with him having the opportunity of making an additional $200,000 in potential incentive pay: $50,000 for Ole Miss winning the SEC championship game and $150,000 for Ole Miss winning the entire College Football Playoff. Golding's annual salary will increase each of the next two seasons, as he is set to make $2.6 million from Feb. 1, 2026 to Jan. 31, 2027 and then $2.7 million from Feb. 1, 2027 to Jan. 31, 2028. The USA TODAY app gets you to the heart of the news — fast. Download for award-winning coverage, crosswords, audio storytelling, the eNewspaper and more.
The Citizen
04-08-2025
- Business
- The Citizen
Recovery in national house price inflation continues apace
Encouragingly for homeowners and investors, the recovery in national house price inflation (HPI) continues to gather momentum, with the Pam Golding Residential Property Index rising to +7.3% in June 2025, up from a revised +6.9% in May 2025. This is significantly above the two previous cyclical peaks and the strongest growth rate in national house prices since late-2007. Since late-2024, consumer inflation has remained well anchored at or below the lower limit of the Reserve Bank's 3%-6% inflation target. As a result, the recovery in national house prices has seen real (inflation-adjusted) growth in house prices increase, rising to +4.3% in June 2025, the ninth consecutive month in positive territory. Says Dr Andrew Golding, chief executive of the Pam Golding Property group: 'While the Western Cape continues to lead the way, the recovery is broad-based, with growth in house prices accelerating across all three major regional markets.' According to the Pam Golding Residential Property Index the recovery in HPI in the Western Cape continued to accelerate in June, rising to +8.3%, while both Gauteng and KwaZulu-Natal continued to rebound strongly, rising to +5.4% and +5.1% respectively, reducing the gap with the Western Cape. Says Dr Golding: 'Reviewing the same provinces over the first half of 2025, while national HPI has averaged +6.1%, regional performances range from +7.7% in the Western Cape to +4.25% in KwaZulu-Natal and +4.17% in Gauteng. Notably for KZN, this represents the strongest growth in house prices since 2021, while in Gauteng it matches the post-pandemic rebound.' According to the Index, house price inflation in all but the upper price band continues to gather momentum. House price inflation in the price band below R1m has outpaced growth in prices in all higher price bands since late-2024. SOURCE: Pam Golding Residential Property Index Coastal vs non-coastal House price inflation for coastal properties, which Lightstone defines as any property located within 500 metres of the coastline, continues to outpace the growth in prices for properties located further inland. Says Dr Golding: 'In June, the recovery in coastal house prices continues to outpace the rebound in non-coastal HPI, with prices rising by +6.2% and +4.2%, resulting in a widening of the coastal price premium to +2%. 'The coastal price premium has risen from a low of +1.3% in October 2024 to +2% in June, averaging 1.7% during the first half of 2025.' Sectional title vs freehold According to Lightstone statistics, the recovery in sectional title HPI also continues, with annual growth in prices rising by +4.2% in June, while freehold HPI rose to 5% above year-earlier levels. During H1 2025, freehold HPI averaged 4.5% compared to 3.7% for sectional title. Major metro housing markets The recovery in national metro housing markets, which initially started in Cape Town, has now become broad based, with all major metro markets now registering a rebound in house prices. Notably, Cape Town continues to outperform other metro markets by a significant margin, rising by +6.9% in June, followed by +3.0% in Tshwane and +2.8% in eThekwini. This trend is also evident in H1 2025, with Cape Town outperforming other metro markets by a wide margin. Sales in upper price bands rise, even as total sales activity declines Having peaked in 2022, total residential property sales activity over the past decade (financial year 2015 to FY 2025) has declined, almost entirely due to a reduction in sales in the price band below R1.5m. Adds Dr Golding: 'However, even as the overall number of homes sold has declined, mainly attributable to the decline in homes priced below R1.5m, in certain price bands – including the upper bands – the actual number has risen. There has been a marked increase in the actual number of homes sold in the R1.5m – R3m and the R3m – R6m price bands. Representing smaller markets, the price bands from R6m – R12m, R12m – R20m, and R20m – R35m, have also registered an increase in units sold.' Issued by Gaye de Villiers on behalf of Pam Golding Properties
IOL News
01-08-2025
- Business
- IOL News
Another 25bps interest rate cut boosts confidence for aspiring home buyers
The latest interest rate cuts, coupled with a reduced fuel price and the still subdued consumer inflation rate, is expected to support first-time buyer demand in the months ahead as this sector of the market is extremely sensitive to interest rate cuts. Image: Ayanda Ndamane/African News Agency (ANA) The South African Reserve Bank's Monetary Policy Committee's decision to reduce the repo rate by a further 25bps increased confidence and incentive for aspirant home buyers. It also brings some relief for those with existing mortgages, says Dr Andrew Golding, chief executive of the Pam Golding Property group. With the SA Reserve Bank repo rate reducing to 7.0%, the prime lending rate drops to 10.5%, said Golding. 'As the recovery in first-time buyer demand has stalled, at least temporarily, at 46.4% of applications during H1 2025, this latest interest rate cut-together with last month's reduction, coupled with a reduced fuel price and the still subdued consumer inflation rate, is expected to support first-time buyer demand in the months ahead as this sector of the market is extremely sensitive to interest rate cuts. "Importantly, the reduced interest rate will also help boost market sentiment in general,' Golding said. Furthermore, he said the pricing of home loans continues to grow more competitive, with the average concession relative to the prime rate improving across all regions in the second quarter of this year relative to year-earlier levels. "The average deposit for first-time buyers also eased to 10% of the purchase price in H1 2025, compared to 10.9% during the first half of 2024, providing further encouragement for this sector of the market," he said. The Reserve Bank decision to cut the repo rate by another 25bps is welcome news for the economy and property market, says Samuel Seeff, chairman of the Seeff Property Group. He said this is the third interest rate cut this year (fifth since September last year). Seeff says it is the correct decision given that inflation (at 3% for May) is below the Bank's target range, and the currency has been stable, trading at times below R18/USD. 'While this cut brings welcome relief for consumers by reducing borrowing costs and putting more money back into their pockets to spend in the economy, it is still not enough. More needs to be done to really give the economy the rocket boost that it needs,' Seeff said. Nonetheless, the property group said the rate cut will make home loans more affordable and property buyers will find it slightly easier to qualify, thus opening more doors to homeownership. 'The total rate cuts since September mean that the interest rate will now be 1.25% lower compared to last year. The repayment on a bond of R1 million (over 20 years) will therefore now be reduced by around R853 per month. "We would therefore certainly encourage buyers to take advantage of the opportunities in the market.' He said the higher demand and improved house price appreciation at around 3.7% nationally (topping inflation for the first time in two years) also provide an incentive for sellers, especially since many areas require more property listings. While the rate cuts have been well received, Seeff says the economy and property market have not yet felt any notable impact from the rate cuts. He added that the first-quarter GDP growth was disappointing. 'After an initial surge, the overall property transaction volumes for the first half of this year are about 16% below the same time last year. Bolder rate cuts are needed. Since the interest rate (even after the latest cut)' Now at 7% and 10.50% respectively, borrowing costs are officially 1.25% lower than they were a year ago, a welcome result according to Rhys Dyer, CEO of the ooba Group, who believes this will continue to support homebuyers and homebuying activity. 'At the current prime lending rate of 10.50%, the monthly repayment on a home priced at our Q2 '25 average approved bond size of R1,455,712 equates to R14,534 over 20 years - down from R15,776 just a year ago. "Savings like these add up to almost R15,000 extra in a homeowner's pocket over the course of a year,' Dyer said. He added that consumers' improved affordability is reflected in ooba Home Loans' latest figures. 'In Q2 '25 we saw an 11% year-on-year increase in home loan applications and an 18.5% increase in the total value of these applications,' he shares. 'This points to ongoing market recovery, increased buying power and growing buyer confidence.' Interestingly, though, deposits-a key indicator of consumer liquidity-have drifted lower, down by 13.5% year-on-year for the average homebuyer and 1.9% for first-time homebuyers (as at Q2 2025). 'We do however, believe that these figures are reinforced by strong bank lending activity, including attractive incentives like zero-deposit loans and some of the highest discounts to the prime lending rate seen in years,' says Dyer, highlighting an average interest rate of prime less 0.67% for its customers in Q2 '25 – a 0.11% reduction year-on-year. 'This cut is likely to serve as a much-needed catalyst for transaction volumes, particularly in the affordable and mid-market sectors. The market is still price-sensitive, but this rate cut could re-energise interest in property acquisitions,' says Adrian Goslett, regional director and CEO of REMAX Southern Africa. 'While this 0.25% cut may seem modest, it does mark a positive step toward restoring the rate environment we saw before the pandemic. Back in January 2020, the repo rate stood at around 6.5%, and although we're still well above that, today's decision brings us incrementally closer. "It's an encouraging signal that the Reserve Bank may be pivoting towards a more growth-friendly stance, which could help unlock pent-up demand in the housing market,' says Goslett. Despite broader economic challenges, the housing market has retained a degree of buoyancy. House prices have strengthened, and sales volumes continue to surpass expectations, especially within the REMAX SA network. "REMAX Southern Africa reports that its registered sales figures have increased by 12.5% compared to last year (as at the end of June), and their total units sold increased by 6.5%. 'I remain optimistic about how this latest interest rate cut will impact the local housing market and expect to see activity strengthen further in the months to follow,' Goslett said. ∎ Source for some of the comments: ooba Home Loans. Independent Media Property
New Straits Times
09-07-2025
- Entertainment
- New Straits Times
#SHOWBIZ: Henry Golding chooses Tuah for his character name in 'The Old Guard 2'
KUALA LUMPUR: Malaysia-born Hollywood actor Henry Golding has expressed his pride that the legendary Malay folk tale of Hang Tuah found its way into the film The Old Guard 2, now streaming on Netflix. Golding, 38, revealed in a recent interview that director Victoria Mahoney readily accepted his suggestion to name his character 'Tuah'. "She had several other name suggestions and asked for my opinion. The name Tuah was the one that stood out the most. In Malaysian folklore, there's a story about a local warrior named Hang Tuah," he explained. Featured Videos "I think it makes more sense with the element of eternal life and travelling the world. In Malaysia, he is one of the greatest heroes of local folklore. I believe the name is appropriate," Golding added. The actor also wove other local cultural elements into the film, such as the inclusion of a kris. "The kris is the weapon typically used by local warriors in silat, a self-defence art practised in Southeast Asia, particularly in Indonesia and Malaysia. "I'm happy that Victoria was so open to working on that. It also gave it a more personal element. It was exciting to be able to bring a piece of who I am to the character," he said. Aside from Golding, The Old Guard 2 also features a stellar cast including Charlize Theron, Uma Thurman, Kiki Layne, Veronica Ngo, Matthias Schoenaerts, Chiwetel Ejiofor, Marwan Kenzari, and Luca Marinelli.
New Paper
06-07-2025
- Entertainment
- New Paper
Crazy Rich Asians' Henry Golding earned his own allowance as a teen
It is hard to see how Crazy Rich Asians actor Henry Golding could ever be broke but if it does happen, he has a plan - he will use what little he has to buy a pair of scissors. "Have scissors, will survive" is a throwback to his teenage hair-cutting days which allowed him to stop receiving pocket money from his parents. Those childhood days that shaped him and his views on finances were about taking just boiled eggs and salt on days out and shopping at cheaper supermarkets. They represented the simple lifestyle and frugal mindset of an East Malaysian boy growing up in Britain, with one working parent and two siblings. His father, who moved the family from Sarawak to Surrey, was a helicopter engineer in the British army, while his mother took care of the three children. At age 14, Golding started working on Saturdays at a barber shop, earning £24 a day. "I stopped receiving my pocket money, and I was like, I'm gonna look after myself. I was very independent. It was just one day a week, but it was still enough to give me an early perspective on finances," he says. After he left school at 16, he worked as a hairstylist, with the goal of eventually opening his own hairdressing business. It is a far cry from his current Hollywood lifestyle, starring alongside big names like Charlize Theron and Uma Thurman in Netflix's The Old Guard 2, attending premieres in fancy suits and walking the Met Gala carpet for the third time in 2025. It has been quite a ride since his success in the 2018 global hit Crazy Rich Asians. But Golding says the lessons he learnt from his simple childhood have stayed with him, as he keeps his feet firmly on the ground, and looks for stability instead of thrills in growing his hard-earned funds. "I'm usually pretty safe with my money and I am conscious about wasting money. I think that's been drilled into me by my father, who worked so hard his entire life. I get that cautiousness from him," he says. But he also wants to invest to grow his funds. "I was brought up with a very old-fashioned dad who was like, you've got to save your money. You've got to put it in a bank and save it for a rainy day," he recalls. "But as we now know, saving your money isn't necessarily the best option. Of course, it's great to have savings, but it might not work for you with inflation," he says. "As I've gotten older, I've realised that you really have to be smart with your money." Singapore is a familiar haunt for Golding, who lived in this Little Red Dot for several years till around 2019. He remembers the food well, saying he ate "amazing laksa and the best chicken rice I've ever had" here. He adds: "We used to live near Golden Mile, so the Beach Road hawker centre was my favourite." He is married to Taiwanese model and wellness entrepreneur Liv Lo, and they have two daughters. Q: What do you invest in and why? A: I've worked with Walter de Oude on a project before... And he told me he was starting this company called Chocolate Finance, which allows people to put whatever cash they have into this account and get a high return, but have easy access. It's not a locked-in product. So you can retrieve it whenever you want, but at the same time, the cash is working for you. I've put money in the past in some sort of high-yield, savings accounts that you can't touch for a whole year. But I never came across something that gave yields pretty much per day. So for me, it was a really interesting company. I've always been interested in finance, but it's only been later in life when I've been able to have the type of profile where I can speak to industry people, CEOs and brands that really resonate with me. One of these companies is Nothing, a technology company which develops unique cellphones and audio equipment. I also have investments in a company called Brightwheel, an American firm that develops apps bridging teachers and parents at daycare centres, so you can get updates through the day about your child. Because I have children, I understand the importance of that. Q: What has been your biggest financial mistake? A: It was my investment in hobbies, like Magic: The Gathering cards as a child. They were so expensive back in the day and I kind of grew out of it. If you look at the ratio of how much I was spending then, to how much I was earning, that was quite a lot. I was spending 30 per cent to 40 per cent of my income on the magic cards. Imagine spending that percentage of your income on your hobbies now! Q: What has been your best financial decision? A: Starting work young definitely laid the foundation for my attitude towards finances. But I think taking risks - researched risks - is the most important. Chocolate Finance is something I'm proud of. Walter has built the company by offering something so simple, straightforward, but with high returns. It's something I wish I had when I was younger, to be able to grow my hard-earned £24. Career-wise, it has of course been me being a part of Crazy Rich Asians. It was a conscious decision to go through the audition process for it. Sometimes you do have to take a leap of faith when it comes to things like that. Doing things that aren't familiar to me is scary, for sure. But I just had to find my feet and get used to putting myself in those types of situations and adapt pretty fast. It has been crazy since then. Q: Money-wise, what were your growing-up years like? A: I learnt to adapt a lot, from growing up in Malaysia as a kid, and then moving to the UK when I was nine years old, and then leaving the UK and going back to Malaysia when I was 22. I have also lived in Singapore and the United States. What I have learnt is: invest in yourself. I think that's the best, to bet on yourself, because at the end of the day, it's your ability and your choices that make your future. So make smart decisions, but also be brave. Q: What was your childhood dream? A: I wanted to be a firefighter and then at one stage, a chef. I also wanted to follow in my father's footsteps and join the army. But I've also always gotten a deep-seated joy from movies and storytelling. There was a stage when I was like, I'd love to be an actor, but I always knew that it would just be at the right time in the right place. So the idea was seeded, but life surprises you too. Q: What was your most memorable encounter with money? A: It was when I wanted to do things that my parents wouldn't finance. I wanted to skateboard, and so I looked through this magazine and it was £100. My dad said he would buy it for me, but then I had to pay him back in instalments. And so I was able to have what I wanted, but he would instil in me that I had to pay for it in some way. Q: Where's home for you? A: We moved back to London to be close to the family, and to be closer to where the work is. Work seems to be happening in Europe a lot. And we're just much happier in London. It's a metropolis - one of the oldest cities in the world - and has such a rich history and beautiful architecture. Q: What do you drive? A: If we're moving around London, we'll take the Tube. But if it's out of London, I drive a hybrid family vehicle for taking the kids along. Q: What would your perfect day look like? A: I would say, waking up with the kids, happy and joyful. It would also be having breakfast and a coffee in the park, spending time with family and friends and checking in on my investments, making sure that they're doing well - that's the best day. Money Matters Q: What would you do if you suddenly had a windfall of millions? A: Invest it. Luckily, we do have a good daily routine where we're not spending too much money, so I can invest it. Q: If you suddenly had only $100 to your name, what would you do with it? A: I would buy a pair of scissors.
