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Showing 111 - 120 of 2171 results for "Mortgage"

AFSLs can lose licence on CSLR intervention

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
... claims - 79% of which related to financial advice - while securities dealing and credit intermediaries such as finance and mortgage brokers comprise 15% and 5% respectively. The scheme has paid 37 claims in total to date, which amounted to about $3.3 ...

No one immune to cost-of-living pain: ABS

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
... household types were higher than the increase in the CPI," Marquardt said. Insurance and financial services, which includes mortgage interest charges, and food and non-alcoholic beverages were the main contributors across all household types. Housing ...

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... rate hike was on the horizon. Smith said another rate hike could tempt pushing Australia into a recession. "Australian mortgage holders and businesses should breathe a sigh of relief as the case for a rate rise should now dissipate," Smith said. "The ...

Super for housing will cause rents to soar: SMC

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... for a house deposit is projected to be $165,000 worse off over their lives," Schubert said. "That's because rents, mortgage repayments, stamp duties and rates would all rise - and people would lose a mountain of money from their super at retirement. ...

Household income buoyed by property investments: CBA

MATTHEW WAI  |  TUESDAY, 23 JUL 2024
... sitting at over 15% and 10%, respectively. Avertedly, spending growth averaged 3.1% per year to Q2 2024, with rent and mortgage costs leading in the category at over 10% - with the rise likely to continue throughout the rest of the year. Spending from ...

Reconsider the home as a retirement income pillar: Actuaries Institute

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
Encouraging more Australians to access equity in their homes, combined with changes to stamp duty and the Age Pension, could give asset-rich, income-poor retirees a valuable income boost and help free up more housing for young families, according to ...

AWAG invests in advice firm, adds to network

KARREN VERGARA  |  MONDAY, 8 JUL 2024
... Wealth to its licence. ASX-listed AWAG took a 20% stake in Melican Financial Planning, a firm that provides accounting, mortgage broking, SMSF, and financial advice based in Victoria's Greensborough. The equity partnership scheme investment into ...

AAT slashes adviser ban

KARREN VERGARA  |  MONDAY, 8 JUL 2024
... accounting business, and The FP Business, a financial advice service. He also operates an equipment finance broking and mortgage broking business through the corporate vehicle, Corporate Financial. ASIC's investigation found that Betalli failed to ...

Genium scores consultancy mandate

KARREN VERGARA  |  WEDNESDAY, 19 JUN 2024
... advisory firm. Located in Manly, New South Wales, Peer Wealth offers financial and insurance advice, accounting, and mortgage broking services. It was founded by Doug Atkinson in 2010, who is currently a partner and consultant. One of his sons, Ben Atkinson ...

More Aussies anticipate renting in retirement: Vanguard

ANDREW MCKEAN  |  MONDAY, 17 JUN 2024
An increasing number of Australians expect to be paying off a mortgage or forced to rent in retirement, according to the latest Vanguard How Australia Retires survey. Vanguard Australia managing director Daniel Shrimski said after working hard and saving ...