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Showing 61 - 70 of 2413 results for "Loan"

It's time to fill your boots with private debt

ANDREW MCKEAN  |  TUESDAY, 29 AUG 2023
... that demand for private debt is robust, thanks to private equity activity." She added that the US's broadly syndicated loan market, the main competitor for financing buyouts, has been mostly closed to new issuance since 2022. "The absence of competition ...

MA Financial strengthens lending business

CHLOE WALKER  |  MONDAY, 28 AUG 2023
... doesn't take mezzanine financing positions in either real estate construction or real estate, rather, opts to be the whole loan. "We don't have conviction at this point in the cycle on consumer unsecured, as we don't know whether we will ...

Bravura hires global head of product

CASSANDRA BALDINI  |  WEDNESDAY, 23 AUG 2023
Bravura Solutions has named Greg Johnson as its new head, amid intentions to shift towards a product-centric business structure. In the role, Johnson will lead Bravura's global product team and work on simplifying and unifying its suite of products ...

Centrepoint names new chair, borrows $10m for M&A

CASSANDRA BALDINI  |  WEDNESDAY, 23 AUG 2023
As the former ClearView chief takes over as chair of the group, the new loan will fuel its commitment to accelerating growth through mergers and acquisitions. After seven years at the head of the table, Alan Fisher is stepping down as chair of Centrepoint ...

Earnings, profits down at Charter Hall

CHLOE WALKER  |  MONDAY, 21 AUG 2023
... $6 billion in available liquidity, which has risen to $7 billion post balance date with the $1.2 billion CPIF Asian Term Loan facility closing in August, "whilst the committed and uncommitted $13.9 billion development pipeline provides further organic ...

Westpac reports $1.8bn net profit, rise in stressed assets

ANDREW MCKEAN  |  MONDAY, 21 AUG 2023
... two basis points from 1H23. Diving deeper into Westpac's operations, the third quarter saw an uptick in the deposit to loan ratio, reaching 84.1%. This was bolstered by an $8.7 billion growth in customer deposits. Additionally, the bank experienced ...

Crypto lender sentenced for false licence

CHLOE WALKER  |  FRIDAY, 18 AUG 2023
... During this time, Helio offered cryptocurrency-backed loans to consumers using the digital currency as security over the loan. As punishment, Helio has entered a recognisance in the sum of $15,000 for a period of 12-months on the condition of good behaviour. ...

Private credit to play critical role in the economy: MA Financial

CHLOE WALKER  |  TUESDAY, 8 AUG 2023
The opportunities for private lenders to finance the growing demand for real estate credit is part of a long-term structural shift in Australia's lending market, MA Financial managing director real estate credit Cathy Houston says. Talking to Financial ...

ACCC slams door on ANZ, Suncorp deal

CASSANDRA BALDINI  |  FRIDAY, 4 AUG 2023
The Australian Consumer and Competition Commission (ACCC) has declined ANZ's $4.9 billion bid to acquire Suncorp Group's banking arm, citing concerns around competition and potential consumer detriment. The regulatory body said it remains unsatisfied ...

Mortgage holders, retailers relax after rate pause

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... RBA's pauses. A stable cash rate in July didn't stop the nation's biggest lenders from lifting their fixed and variable home loan rates, Mortgage Choice chief executive Anthony Waldron said. The big four banks boosted their owner-occupier fixed rates ...