Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1291 - 1300 of 2203 results for "Mortgage"

AUI raises redemptions for Mortgage Income

COMPANY RELEASE  |  TUESDAY, 27 OCT 2009
Effective this week, investors in the Mortgage Income Trust (MIT) of Australian Unity Investments (AUI) withdraw up to two percent of their total investment in the Trust each month or $2,000 - up from the previous cap of one per cent. AUI will also ...

ING to divest insurance and investments

MICHELLE BALTAZAR  |  TUESDAY, 27 OCT 2009
... will also split the currently combined businesses of the Interadvies banking arm, including Westland Utrecht and the mortgage activities of Nationale-Nederlanden, and the consumer lending portfolio of ING Retail. The combined business has a balance sheet ...

Sentry buys AFG Financial Planning

COMPANY RELEASE  |  WEDNESDAY, 14 OCT 2009
National dealer group Sentry Group has acquired the financial planning arm of Australia's largest mortgage broker, Australian Finance Group - bringing Sentry's funds under advice to $2.2 billion. ING Australia-backed Sentry Group acquired Australia ...

Rev mortgage market continues to grow

MICHAEL HOBBS  |  TUESDAY, 13 OCT 2009
Australia's reverse mortgage market has grown five per cent in the six months to June with total outstanding funding representing $2.6 billion but the number of new borrowers has declined, a study found. The Deloitte SEQUAL Reverse Mortgage Study found ...

Market Wrap - Morning

AAP  |  TUESDAY, 13 OCT 2009
... appear before a Senate committee into the Telecommunications Legislation Amendment Bill. The Sequal Deloitte Reverse Mortgage survey is released, and the annual Merrill Lynch-Capgemini Asia-Pacific wealth report is published. The Australian Gold Conference ...

Rejoice for rates have risen

BENJAMIN ONG  |  WEDNESDAY, 7 OCT 2009
... raised, websites and newspaper pages are again filled with calculations on how this would add X amount to the average mortgage. And they don't stop there. Oh no, not by a long shot. Calculations on how much this would hurt borrowers have now been extended ...

Vote of confidence

BENJAMIN ONG  |  TUESDAY, 29 SEP 2009
... blamed this for the dip in the Australian equity market yesterday. Ahh yes, of course, pressure on stock valuation, higher mortgage rates that would dampen property, higher credit rates that would weaken investment and consumer spending, higher A$ exchange ...

Ipac funnels $50m into alts

RUTH LIEW  |  TUESDAY, 1 SEP 2009
... end of June, the time is ripe to add corporate debt securities - including those that are non-investment grade - and mortgage securities to clients' portfolios, as some offer better returns than equities in the short to medium term. Debt, including corporate ...

Bookmakers Super hit by liquidity issues

COMPANY RELEASES  |  WEDNESDAY, 26 AUG 2009
... interest, mortgages and property. The global credit crisis has resulted in some of the Balanced Investment Strategies mortgage loans being affected. This means the fund was forced to cut the book value of some of those mortgage loans, which in-tern impacted ...

ASIC slaps six year ban for MIS fraud

ASIC RELEASE  |  MONDAY, 24 AUG 2009
... ran an unregistered managed investment scheme. This follows an investigation by ASIC into the operation of a private mortgage investment business operated by West and John West & Associates Pty Ltd (JWA) at Payneham, South Australia. West and JWA engaged ...