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Showing 141 - 150 of 846 results for "Buyer"

Superannuation not a super solution to housing affordability

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
Homeownership rates have plummeted, but unions and industry groups have had a negative response to Scott Morrison's last-ditch pitch to 'aspirational Australians'. Morrison has said that supporting first home buyers is a key part of his government's ...

Industry pans early release superannuation policy

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
The Morrison government's re-election Hail Mary policy to allow early superannuation withdrawals to be used for house deposits has been widely condemned. A joint media release between Scott Morrison, Michael Sukkar and Jane Hume boldly proclaimed that ...

CPI sees greatest jump since 2000

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
The Consumer Price Index (CPI) rose 2.1% in the March quarter and 5.1% annually - the greatest increases since the introduction of the Goods and Services Tax in 2000. The growth, revealed by the Australian Bureau of Statistics (ABS) yesterday, came ...

AMP offloads remainder of Collimate Capital

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... is a wholly owned subsidiary of DigitalBridge Group, a Florida-based private equity and digital infrastructure firm. The buyer will pay $462 million upfront, $57 million of retained future carry and performance fees, and an additional amount up to $180 ...

Fund inflows drop sharply: Calastone

ANDREW MCKEAN  |  TUESDAY, 12 APR 2022
Calastone insights have found that Australians' investment appetite has cooled markedly in the first quarter of 2022. The quarterly fund flow index from Calastone found that after record inflows to managed equity funds in 2021, the value of new cash ...

Budget targets home ownership rates

TOM WATSON  |  TUESDAY, 29 MAR 2022
The federal government has announced an expansion of support measures for prospective home buyers by floating a new Regional Home Guarantee and boosting the number of places available under several existing schemes. Under the new Regional Home Guarantee ...

Budget to back aspiring homeowners

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
In a pre-Budget announcement, Treasurer Josh Frydenberg has flagged that those hoping to break into the property market can expect a win. The government will double its financial commitment to the Home Guarantee Scheme, which already exists. The Home ...

McLaren to leave BT

JAMIE WILLIAMSON  |  THURSDAY, 24 MAR 2022
... Marnie for her contribution to BT and wish her the best for her next step in her career." BT is currently searching for a buyer for its platform and superannuation businesses and has seen several other changes in recent months, including the departure ...

Practice valuations to normalise: Report

JAMIE WILLIAMSON  |  THURSDAY, 24 MAR 2022
... client fees above $3000 and 2.5x to 3.0x for those over $5000. A financial planning business that is co-located with its buyer can fetch between 2.2x and 3.0x recurring revenue, while a risk/super only client book could command between 2.0x and 2.5 x ...

Super should help secure home loans: Inquiry

JAMIE WILLIAMSON  |  FRIDAY, 18 MAR 2022
... "However, in contrast to allowing access to super, under this approach super balances would only be reduced if the first home buyer defaulted on their home loan, which is an unexpected and infrequent occurrence in Australia. This approach should limit ...