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Showing 91 - 100 of 257 results for %22Household Capital%22

Property risks dip at Coalition win, APRA easing

KANIKA SOOD  |  WEDNESDAY, 22 MAY 2019
... a time of heightened risk. Although many of those risk factors remain - high house prices, low interest rates, high household debt, and subdued income growth - two more recent developments have led us to review the appropriateness of the interest rate ...

The state of the banks

ELIZABETH MCARTHUR  |  TUESDAY, 7 MAY 2019
... an uphill battle. "As the headwinds show no signs of abating, the majors will need to carefully balance their revenue, capital management and cost objectives to preserve industry returns, at the same time as they execute on large, complex regulatory ...

Chief economist update: Inflation is dead

BENJAMIN ONG  |  MONDAY, 29 APR 2019
... outcomes for a while," she said. This is still continuing. The problem with this is that tepid wage growth leads to less household spending, lower company sales and profits and, by extension, reduce economic activity and lower inflation. Easing inflation ...

Retirement funder partners with ME Bank

KARREN VERGARA  |  FRIDAY, 12 APR 2019
Specialist retirement funding provider Household Capital has partnered with industry super fund-owned ME Bank to establish a $100 million wholesale debt facility. The facility is designed to meet the unmet financial needs of retirees who plan to continue ...

In a nutshell: Federal Budget 2019

JAMIE WILLIAMSON  |  TUESDAY, 2 APR 2019
... million for regional airports. Drought support to the tune of $6.3 billion will be provided by way of an extended Farm Household Allowance, while $3.3 billion will go to those affected by flood through the establishment of the Future Drought Fund. Additional ...

New retirement loan launches

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2019
... financial advisers' retiree clients has launched. Household Loan, backed by specialist retirement funding provider Household Capital, enables retirees to draw equity from the family home to fund living expenses. Chief executive Joshua Funder said the ...

Angel investor makes first Australian bet

KANIKA SOOD  |  FRIDAY, 1 MAR 2019
... the UK with a deal with supermarket chain Sainsbury. In Australia, it is sold at 3000 outlets and the company says its household penetration increased 202% in the past year. It is expecting gross sales of $12.5 million in this financial year from local ...

Chief economist update: UK economy slows on Brexit woes

BENJAMIN ONG  |  TUESDAY, 12 FEB 2019
... in the year to the December 2018 quarter. While the sharp 1.7% increase in imports indicated continued strength in UK household spending (up by 1.9% in the fourth quarter), it also had a negative impact on the UK's external trade account - the trade ...

Chief economist update: Don't buy now, Australian property will be cheaper

BENJAMIN ONG  |  WEDNESDAY, 23 JAN 2019
... time, my guess was premised on the persistent weakness in consumer spending - due to lacklustre wages growth and high household debt levels - and the deterioration in international trade, driven by Trump's war on trade and what was then, the incipient ...

Chief economist update: Safe as burning houses

BENJAMIN ONG  |  MONDAY, 14 JAN 2019
... into construction territory (42.6) in November; and, despite the better-than expected November retail sales report, household goods retailing increased by a mere 0.1% (year-on-year) from 3.4% in the previous month. This is but part of housing's large ...