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Showing 91 - 100 of 2176 results for "Mortgage"

NESS Super partners for financial advice offering

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2024
NESS Super will start delivering fully personalised digital financial advice via a partnership with Otivo. NESS Super, whose members are predominantly employed in the electro-technology sectors, has partnered with digital advice platform Otivo to introduce ...

Super balances drive household wealth growth

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
... outpaced household spending. The ABS said this resulted in notable growth in transferable deposit balances particularly in mortgage offset accounts. Total demand for credit was $113.3 billion, driven by private non-financial businesses ($44.7 billion) ...

Productivity slump threatens asset returns: Shane Oliver

ANDREW MCKEAN  |  WEDNESDAY, 11 DEC 2024
... 2021, real household disposable income per capita - a measure of the value of incomes per person after allowing for tax, mortgage debt payments, and inflation - has fallen around 10%, reflecting a decline in living standards. An additional sign of deteriorating ...

Engage Financial launches practice management firm

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2024
... development services. Engage Financial said the new partner firm is designed specifically for financial advisory, accounting, mortgage brokerage, and law firms. The company aims to transform leadership teams and business operations, enabling clients ...

RBA to meet for final 2024 rate decision

ELIZA BAVIN  |  TUESDAY, 10 DEC 2024
... the bank will only act once inflation is "sustainably" within the central bank's target range of 2-3%. To combat higher mortgage rates, data from illion found Australians have been using the Stage 3 tax cuts to reduce debts without increasing their discretionary ...

Superannuation tax shakeup proposed by Actuaries Institute

ANDREW MCKEAN  |  MONDAY, 9 DEC 2024
... members to make large withdrawals at retirement for immediate needs like home renovations, replacing a car, or paying off a mortgage. Finally, the paper proposed "further simplifying the super system" by removing the distinction between the tax treatments ...

360 Capital seeks $20m in capital raise

ELIZA BAVIN  |  MONDAY, 2 DEC 2024
360 Capital has launched an equity raising to wholesale and institutional investors for its 360 Capital Mortgage REIT (ASX: TCF). 360 Capital is proposing to issue up to 3.36 million new ordinary fully paid units in the fund at a price of $5.94 per ...

APRA maintains policy amid uncertain environment

ELIZA BAVIN  |  MONDAY, 25 NOV 2024
... these risks, APRA noted that bank lending standards remain sound and non-performing loans remain low. APRA confirmed the mortgage serviceability buffer will remain at three percentage points; the countercyclical capital buffer will remain at 1% of risk-weighted ...

HMC Capital launches DigiCo REIT

ELIZA BAVIN  |  FRIDAY, 22 NOV 2024
HMC Capital has officially launched its new Digital Infrastructure REIT (DigiCo) on the ASX with an enterprise value of $4.3 billion in data centre assets in Australia and the US. HMC said due to significant demand from institutional cornerstone and ...

Non-bank lender sued for dodging Credit Code

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2024
... that was founded in 2013 and operates two funds which are offered to retail and sophisticated investors, the Oak Capital Mortgage Fund and Oak Capital Wholesale Fund. Filing a case with the Federal Court, ASIC alleges Oak Capital made close to 50 loans ...