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Showing 1 - 10 of 272 results for "Residential property"

Global economy to grow at a slower positive rate

CHLOE WALKER  |  WEDNESDAY, 28 FEB 2024
... "However, our country is also experiencing record immigration which has been supporting demand, particularly for residential property and the overall Australian economy." Rouse said that investors should be focused on the balance between cooling inflation ...

DASS compensation drags AFCA, lead decision published

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... entity investments was excessive. Further the related entity investments recommended, such as the US Masters Residential Property Fund (URF), carried more risk than the complainant understood or needed. The fees were also excessive when compared to alternative ...

E&P chief exits early

KARREN VERGARA  |  MONDAY, 4 DEC 2023
... class action, which related to representatives giving conflicted advice for its in-house product, the Masters Residential Property Fund (URF), for $16 million. Shine alleged that E&P's financial advisers, when they were operating under, Dixon Advisory ...

E&P settles class action for $16m

KARREN VERGARA  |  WEDNESDAY, 15 NOV 2023
... settled a class action relating to investment advice representatives gave for its in-house product, the Masters Residential Property Fund (URF) for $16 million. The lawsuit led by Shine Lawyers alleged that E&P's financial advisers, when they were ...

CrowdProperty opens to retail investors

CHLOE WALKER  |  MONDAY, 23 OCT 2023
... which has operated in Australia since 2021, matches investor capital with developers of small to medium-sized residential property properties via its platform. CrowdProperty Australia chief executive David Ingram said the benefit of the platform is that ...

K2 told to freeze distribution of fund

JAMIE WILLIAMSON  |  MONDAY, 4 SEP 2023
ASIC placed an interim stop order on a residential property fund promoted by K2 Asset Management due to issues with its target market determination (TMD). K2 Asset Management cannot distribute the Storehouse Residential Trust or any information about ...

Madison acquisitions strengthen top line

KARREN VERGARA  |  THURSDAY, 31 AUG 2023
... existing superannuation to a newly established self-managed superannuation fund (SMSF) and borrow to invest in residential property. "The investigation has progressed and we are currently finalising the mediation process. The board believes that any ...

Legacy issues, business overhaul plague E&P results

KARREN VERGARA  |  FRIDAY, 25 AUG 2023
... billion thanks to it exiting the Real Asset funds business; asset sales New Energy Solar, the US Masters Residential Property Fund and the Fort Street Real Estate Capital Fund; and the responsible entity transition to K2 Asset Management. The E&P Wealth ...

ASIC takes Dixon Advisory director to court

KARREN VERGARA  |  FRIDAY, 4 AUG 2023
... million debt. The creditors included thousands of financial advice clients who invested in the US Masters Residential Property Fund (URF) and financial products operated by entities related to Dixon Advisory. In January 2022, DASS went into voluntary ...

E&P appoints new chief executive

KARREN VERGARA  |  FRIDAY, 30 JUN 2023
... Advisory and Superannuation Services for providing dodgy advice to retail clients regarding its own US Masters Residential Property Fund (URF). In November 2021, Anderson took on the role of managing director. Prior to E&P, he led corporate restructures ...
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