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Super fund appetite for property funding upBY MARK SMITH | MONDAY, 7 DEC 2015 12:44PM
Australian superannuation funds are stepping in to fill a funding gap for property development left by the big four banks' increased capital requirements, according to a specialist capital provider.Read more: Australia, Qualitas, Super, Andrew Schwartz
IOOF expects to spend up to $32 million on paying out Buyer of Last Resort arrangements with financial advisers leaving its network, primarily from Bridges Financial Services.
Link Group is now exploring the possibility of listing PEXA despite recently flagging there was strong interest from other parties in buying the property settlement platform.
PIMCO has named a new lead for its Asia Pacific business as part of an executive shuffle announced overnight.
Even before the COVID-19 vaccine arrived in Australia, it was clear we were returning to pre-pandemic normality, and latest stats back this.
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