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Showing 91 - 100 of 433 results for "Home loan"

ME Bank pays industry funds no dividends

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... secretarial support then?" Wilson asked. "Sort of," McPhee said. ME Bank pays ACTU Member Connect for distribution of home loan products and promoting the bank on work sites. Asked how much ME Bank pays ACTU Member Connect, McPhee at first did not name ...

ISA, ME Bank issued please explain

ELIZABETH MCARTHUR  |  MONDAY, 11 MAY 2020
Industry Super Australia and ME Bank will front the House of Representatives Standing Committee on Economics on Thursday for an urgent hearing. The call for explanations from the bank and ISA comes following news that ME Bank, which is owned by 26 industry ...

ME Bank saga could impact super funds

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
ME Bank has come under fire after customers received letters telling them the redraw balances on their mortgages had been dramatically slashed without any warning. One letter from ME Bank, seen by Financial Standard, showed a customer's redraw balance ...

GDP to contract 10%: CBA

ELIZA BAVIN  |  THURSDAY, 2 APR 2020
... different to other economic situations," Comyn said at an online event. The revision comes as CBA boosts support for home loan and credit card customers impacted by the pandemic. CBA will make payments to support customers who have been granted a six-month ...

Court confirms Storm Financial founders breached duties

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
... invest significant amounts of money in index funds, using "double gearing" - the Storm model. It involved taking out a home loan and a margin loan in order to purchase units in the funds. Once initial investments were undertaken, "Stormified" clients ...

Advice important for family conscious: Perpetual

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... translate to a deeper relationship with a financial adviser and a higher level of engagement on things like the will, a home loan or an investment portfolio," Lembit said. "Family and the need to protect family is at the core of what drives financial ...

Consultation on mortgage broker best interests duty opens

ALLY SELBY  |  THURSDAY, 20 FEB 2020
... stakeholders have been invited to provide submissions touching on the factors considered most relevant in assessing whether a home loan product is in the consumer's best interests; whether the overall value of a product should be considered where non-cost ...

ISA demands pull Combet from ME Bank

HARRISON WORLEY  |  MONDAY, 10 FEB 2020
Former politician Greg Combet has retired from the board of ME Bank, as his commitments to industry super heat up. Combet is departing the industry fund-owned bank after five years on the board, which commenced in November 2014. The former Labor minister ...

Bank of Mum and Dad forking out serious dosh

ALLY SELBY  |  TUESDAY, 14 JAN 2020
... our clients want to help their kids now when it will add the most value to them, whether that be helping them pay down home loan debt, assisting in buying a family car, holidays away or the school fees. This gives our Baby Boomer clients tremendous satisfaction ...

Free advice for bushfire victims

ELIZA BAVIN  |  MONDAY, 13 JAN 2020
... package includes waiving certain bank fees for those requiring urgent access to their funds, temporarily postponing home loan repayments, a one-off three month waiver form paying AMP life, total and permanent disability, trauma, income protection and ...