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Showing 1 - 10 of 2413 results for "Loan"

Equity Trustees scores Woodbridge mandate

ELIZA BAVIN  |  MONDAY, 22 APR 2024
Woodbridge Capital has appointed Equity Trustees as the responsible entity of its new retail fund, the Woodbridge Secured Income Fund. Equity Trustees executive general manager, corporate and superannuation trustee services Andrew Godfrey said he is ...

ISPT issues $1.5bn sustainably linked loan facility

ANDREW MCKEAN  |  MONDAY, 22 APR 2024
Industry Super Property Trust (ISPT) has issued a $1.5 billion sustainably linked syndicated term loan that is reportedly one of the largest for any Australia real estate fund manager. The facility is evenly split across five and seven-year tenors and ...

TCorp promotes three to lead roles

ELIZABETH FRY  |  FRIDAY, 19 APR 2024
TCorp, the NSW government's investment and financial management arm, has strengthened its client relationship team with three important promotions. Jennifer Roberts, Yvonne Blunt and Christine Evers have all been elevated to more senior roles. First ...

AMP North adviser inflows rise 22%

ANDREW MCKEAN  |  THURSDAY, 18 APR 2024
... $23.5 billion from $24.4 billion the previous quarter which the firm said was in line with its strategy to "prudently manage loan growth" given margin pressures. "We are navigating the headwinds faced by AMP Bank by carefully managing our loan and deposit ...

Income inequality elevated, spikes: Oxfam

KARREN VERGARA  |  TUESDAY, 16 APR 2024
Income inequality is too high and continues to balloon in 60% of low- and middle-income countries studied by Oxfam International, tipping the Gini coefficient well above acceptable levels. Oxfam found that income inequality is rampant among 64 out of ...

AMP executive pay packet shrinks amid simplification

KARREN VERGARA  |  MONDAY, 15 APR 2024
... in, particularly around funding costs for lending, Hazelton said. "To respond to this, we took the decision to moderate the loan book growth in the near term. In the current conditions we do not anticipate a major change from this strategy," she said. ...

Class action building against GEMI Capital

ELIZA BAVIN  |  MONDAY, 15 APR 2024
MC Lawyers & Advisers has launched a class action investigation into claims of investor losses in various financial products issued by GEMI Asset Management. The law firm said investigations were targeting scenarios in which wholesale or sophisticated ...

Billionaire receives death penalty for embezzlement

KARREN VERGARA  |  FRIDAY, 12 APR 2024
A Vietnamese billionaire property developer has been sentenced to death for embezzling US$12.5 billion - the country's largest case of financial fraud, several reports show. The People's Court of Ho Chi Minh City yesterday handed down the death ...

IMF flags concerns over 'risky' private credit market

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... turn has put pressure on private credit providers to deploy capital, leading to weaker underwriting standards and looser loan covenants-some signs of which have already been noted by supervisory authorities." Further, the IMF flagged concerns over a ...

Australian housing crisis escalates as affordability worsens

ANDREW MCKEAN  |  MONDAY, 8 APR 2024
... significant decline in building approvals to an annualised rate of 150,000, with a marked weakness in new home construction loan approvals. They said while housing affordability deteriorates, strong population growth - 635,000 in 2022-23, with an expected ...
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