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Showing 121 - 130 of 1881 results for "Lending"

AFCA completes independent review of operations

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
... rules and operational guidelines to improve service; and delivered greater guidance about the approach to responsible lending and lending to small business. "We are immensely grateful to our stakeholders for their partnership and dedication throughout ...

Nuveen raises over $400m for real estate debt strategy

MATTHEW WAI  |  THURSDAY, 5 DEC 2024
... diversify their portfolios whilst looking to achieve stable returns. "Our focus is institutional borrowers, conservative lending parameters and prime assets or projects in sectors that benefit most from Australia's high population growth and limited ...

APRA maintains policy amid uncertain environment

ELIZA BAVIN  |  MONDAY, 25 NOV 2024
... pressures, a weakening jobs market and heightened geopolitical risks. Balanced against these risks, APRA noted that bank lending standards remain sound and non-performing loans remain low. APRA confirmed the mortgage serviceability buffer will remain ...

ASIC escalates super fund enforcement in 2025

KARREN VERGARA  |  FRIDAY, 15 NOV 2024
... while civil proceedings rose 23%. This included taking action in the areas of greenwashing, cryptocurrency, predatory lending, high-cost credit, and insider trading. "Our 2025 enforcement priorities reflect the increased risks consumers are facing that ...

Teaminvest partners to launch new fund

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
... The Australian Wealth Advisors Group (AWAG) and Teaminvest Private Group (TIP) have partnered to launch the Succession Lending Fund. The fund was designed to address the growing need for succession planning within the accounting and financial planning ...

ANZ profit slides, cuts dividend

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
... investments in its core banking business. "Competition in the sector has continued to be intense, particularly in home lending and deposits. Despite competition and inflation impacting profits, we reported our second strongest revenue performance ever ...

NAB profits, earnings slide

MATTHEW WAI  |  THURSDAY, 7 NOV 2024
... totalled $7.1 billion, down 8.1%. Irvine cited the dips were due to a more competitive environment, including in home lending. "Underlying profit is 6.9% lower over FY24, mainly reflecting margin pressure related to home lending competition," Irvine ...

Westpac profits drop as it prepares for leadership change

ELIZA BAVIN  |  MONDAY, 4 NOV 2024
... Business & Wealth division, led by incoming Westpac chief executive Anthony Miller, saw net profit rise 13% and business lending up 9%. The bank added that there may be some unforeseen financial impacts from various legal proceedings brought against ...

Non-bank lender sued for dodging Credit Code

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2024
... treated as unregulated, we allege Oak Capital deprived its clients of important consumer protections, including responsible lending obligations, the right to make a hardship application and protection from being charged excessive fees and interest." ...

Barings brings first Australian private credit fund to life

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2024
... private credit in North America and Europe, including exposure to high-quality borrowers, but with less competition for lending opportunities, geographical diversification and exposure to expanding developed economies such as Australia, New Zealand ...