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Showing 1091 - 1100 of 2203 results for "Mortgage"

Politicians spar over future of superannuation guarantee

ALISON BEVEGE  |  FRIDAY, 26 AUG 2011
... would affect low- and middle-income earners who could better spend the money on their cost of living or paying down their mortgage. Minister Shorten also called for the Coalition to respond to the Henry Review recommendations on superannuation and release ...

US S&P president replaced

ELISE BURGESS  |  WEDNESDAY, 24 AUG 2011
... outlook. There have also been reports that The U.S. Justice Department is investigating both S&P and Moody's over ratings of mortgage-backed securities. Standard & Poor's is the leading credit ratings company and a division of The McGraw-Hill Companies ...

Fed policy options galore

BENJAMIN ONG  |  TUESDAY, 23 AUG 2011
... the targeted yields." Option 4. "...use its existing authority to operate in the markets for agency debt (for example, mortgage-backed securities issued by Ginnie Mae, the Government National Mortgage Association)." Option 5. "...influence directly the ...

ANZ shows increased profit and deposit growth

ALISON BEVEGE  |  FRIDAY, 19 AUG 2011
... both short-term and term wholesale funding." The Big Four banks also have a large exposure to the Australian residential mortgage market though new lending activity is slowing. ANZ had $113.2 billion worth of owner-occupier mortgages on its books and ...

Super funds want a cost-benefit analysis on disclosure

ALISON BEVEGE  |  MONDAY, 15 AUG 2011
... assets their money was in. She said members want to know whether it is invested in infrastructure, shopping centers, mortgage securities, property, fixed interest. "We've got broad asset classes," she said. "But I think one of the things people really ...

Greed is good

BENJAMIN ONG  |  THURSDAY, 11 AUG 2011
... the GFC when speculation on who'll be the next big one to come a-tumbling down dominated the rumour mill. It was banks, mortgage companies and investment companies back in 2008. It became the small countries in the periphery of the Eurozone in 2010. ...

Stocks in freefall on recession fears, banks cut mortgage rates

ALISON BEVEGE  |  TUESDAY, 9 AUG 2011
... 30 basis points as buyers sought a quality safe haven. The big banks, locked in fierce competition for dwindling new mortgage business, moved quickly to cut their fixed loan rates. St George Bank and Westpac cut three-year fixed rates by 0.20% while ...

Re-financing of aged care announced

RACHEL DAVIS  |  TUESDAY, 9 AUG 2011
... needed. Assistant Treasurer and Minister for Financial Services and Superannuation, Bill Shorten, also announced reverse mortgage draft legislation to increase protection around reverse mortgages and incentivise their use. The proposals include introducing ...

Market Wrap - Morning

AAP  |  TUESDAY, 9 AUG 2011
... an eye-popping 20.3 per cent after it was hit with a $10.5 billion lawsuit from insurer AIG over its sales of faulty mortgage-backed securities prior to 2008. Aluminum giant Alcoa dropped 11.4 per cent, while Caterpillar fell 9.2 per cent. LONDON - Global ...

Govt provides reverse mortgage guarantees

ELISE BURGESS  |  MONDAY, 8 AUG 2011
The Federal Government has made its first move in the race to fiscally manage the ageing population, with the release of draft legislation to increase protection around reverse mortgages. Assistant Treasurer and Minister for Financial Services and Superannuation ...