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Showing 1301 - 1310 of 2203 results for "Mortgage"

Suncorp and CMC sign share trading deal

COMPANY RELEASE  |  MONDAY, 24 AUG 2009
... wealth accumulation cycle where they are looking for alternative opportunities to invest; they want to leverage off their mortgage or want to diversify out of cash and property." Barry Odes, head of CMC Markets for Australia and New Zealand, said the ...

Challenger returns to core

MICHAEL HOBBS  |  MONDAY, 24 AUG 2009
... over the financial year. Lower contributions from the funds management division was offset by growth in the life and mortgage divisions. Meanwhile, the group's life division's assets under management rose 7 per cent to $5.8 billion during the 2009 financial ...

St.George merger on track: Kelly

MICHAEL HOBBS  |  FRIDAY, 21 AUG 2009
The latest report from Westpac Group said the merger with St.George Bank is on track and exceeding forecasted revenue and cost targets. At the Westpac Group third quarter update today it noted the merger with St.George is progressing smoothly and on ...

Market Wrap - Morning

AAP  |  FRIDAY, 21 AUG 2009
... of April 2015 govenment bonds. Earnings season continues, with annual results due from Insurance Australia Group Ltd, Mortgage Choice Ltd, Billabong International Ltd, Duet Group and New Zealand Telecom Corporation of New Zealand Ltd. First half results ...

Market Wrap - Midday

AAP  |  TUESDAY, 18 AUG 2009
... Bank fell one cent to $27.07 after announcing it would pay $285 million to buy Challenger Financial Services Group's mortgage management business. NAB also will acquire about $4 billion of residential mortgages held in warehouses from Challenger, at ...

Challenger to ramp up life and funds mgmt after mortgage sale

MICHELLE BALTAZAR  |  TUESDAY, 18 AUG 2009
... Services said it intends to focus its resources on its life and funds management businesses following the sale of its mortgage management division to NAB for $385 million. This morning NAB and Challenger confirmed newspaper reports that the bank will ...

Active members can cause asset allocation headache

MICHAEL HOBBS  |  MONDAY, 17 AUG 2009
... financial services industry's drive to encourage more Australians to be more engaged with superannuation, citing the local mortgage managed fund market as an example of what could happen if investors were more engaged. "To what extent do we really want ...

APRA recovers super assets

COMPANY RELEASE  |  FRIDAY, 31 JUL 2009
... South Australia. The regulator appointed the acting trustee in 2001 who was vested in the fund's assets, which included a mortgage over on a South Australian property. A second mortgage already existed and the former trustee had negotiated with the property ...

Gen-Y in a bottle

MICHELLE BALTAZAR  |  TUESDAY, 28 JUL 2009
... today because they still have low banking or superannuation balances. But the dynamics will change as soon as they get a mortgage or start earning a high salary. "Wealth through time will naturally transfer to this generation, as well as employment ...

Progressive trumps all with simple strategy

MICHAEL HOBBS  |  MONDAY, 27 JUL 2009
Keeping it simple has worked for Sydney-based Progressive Superannuation Plan. The fund's balanced option has beaten most of its larger well-known peers in the same category by 3 per cent over a five-year period to May. Rainmaker SelectingSuper data ...