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Showing 151 - 160 of 588 results for "Lenders"

Macquarie shares halve in COVID-19 sell-off

ALLY SELBY  |  FRIDAY, 20 MAR 2020
... quite some time," he said. "Throw on top of this a likely fall in house prices, an increase in defaults or arrears from lenders as unemployment jumps - and the banks are bearing the brunt of a lot of the problems hurled up by COVID-19." Conway also believes ...

Afterpay coughs up $1.5m over US loans

ALLY SELBY  |  TUESDAY, 17 MAR 2020
... pay more than US$300,000 in penalties and refunds. "In both cases, the DBO concluded purported credit sales made by the lenders' merchant partners were not bona fide but, rather, were structured to evade otherwise applicable consumer protections," the ...

Former Toys "R" Us executives face fraud charges

ALLY SELBY  |  MONDAY, 16 MAR 2020
... mid-December 2017, company directors and officers learned that the company could not meet financial milestones required by the lenders, which meant the financing would terminate, and Toys "R" Us would not have the ability to pay for goods shipped on ...

Super funds snub millions of Aussies

ELIZA BAVIN  |  THURSDAY, 27 FEB 2020
... found that 81% of respondents said super funds give their non-English speaking customers the least consideration. Mortgage lenders also showed room for improvement with 79% of respondents feeling their needs were not being met. "Banks appear to be making ...

OneVue takes control of Sargon stake in Sequoia

KANIKA SOOD  |  THURSDAY, 6 FEB 2020
... same. But the shares went from being held under Sargon Capital Pty Ltd (currently in receivership, through the Chinese lenders) to being held under SC Australian Holdings 1 Pty Ltd (also currently in receivership, through OneVue).

Where to from here?

JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
... the big four banks are now refusing to loan less than $1 million to practices, forcing them to turn to non-traditional lenders and pay much higher interest rates, and it's easy to see why many have decided the cost of doing business is no longer worth ...

Former ANZ Wealth retirement head joins CoreLogic

KANIKA SOOD  |  TUESDAY, 4 FEB 2020
... ANZ, she previously worked as the head of retirement solutions and headed the portfolio strategy team in the bank's lenders mortgage insurance program. In her new role, she will steer CoreLogic's banking and finance product and solutions development ...

CIMIC in $1.8b writedown

ELIZA BAVIN  |  FRIDAY, 24 JAN 2020
... context of an accelerated deterioration of local market conditions, BICC is engaging in confidential discussions with its lenders, creditors, clients and other stakeholders," the release said. CIMIC said it has committed facilities and cash available ...

RMBS scrutiny could be loosened in US

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 NOV 2019
... it, along with the Council of Financial Regulators (which includes ASIC and APRA), is monitoring the growth of non-bank lenders for possible emerging financial stability risks. "The Reserve Bank's liaison indicates that non-banks have been lending ...

Westpac chief believes in financial advice

ELIZA BAVIN  |  MONDAY, 11 NOV 2019
... committee and said he believes non-bank entities should face the same level of scrutiny as the big banks. "There have been lenders able to lend into pockets of the market the regulated financial institutional haven't been and that supports a broader ...