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

Search Results

Showing 181 - 190 of 1561 results for "loans"

MA Financial strengthens lending business

CHLOE WALKER  |  MONDAY, 28 AUG 2023
... we're not outsourcing that to anyone else, so we very much have ownership of the process in managing and originating the loans."

Bravura hires global head of product

CASSANDRA BALDINI  |  WEDNESDAY, 23 AUG 2023
... experience through digital delivery. Prior to joining Bravura, Johnson held senior roles at AMP, TAL and Nano Digital Home Loans, where he was most recently B2B group executive. Before that, he was general manager at Challenger and was responsible for ...

Westpac reports $1.8bn net profit, rise in stressed assets

ANDREW MCKEAN  |  MONDAY, 21 AUG 2023
... bolstered by an $8.7 billion growth in customer deposits. Additionally, the bank experienced a $6.4 billion increase in loans, predominately driven by owner-occupied mortgages and business lending. Common equity tier one capital (CET1), the foremost ...

Crypto lender sentenced for false licence

CHLOE WALKER  |  FRIDAY, 18 AUG 2023
... Helio was neither an ACL holder nor a representative of an ACL holder. During this time, Helio offered cryptocurrency-backed loans to consumers using the digital currency as security over the loan. As punishment, Helio has entered a recognisance in the ...

Private credit to play critical role in the economy: MA Financial

CHLOE WALKER  |  TUESDAY, 8 AUG 2023
... a major cost for the borrower. "Then there's the flexibility and leverage in the ability for non-banks to tailor our loans to meet what the borrowers need." However, Houston stressed all fund managers are not equal. "I'm worried about the potential ...

ACCC slams door on ANZ, Suncorp deal

CASSANDRA BALDINI  |  FRIDAY, 4 AUG 2023
... detriments. "We are not satisfied that the acquisition is not likely to substantially lessen competition in the supply of home loans nationally, small to medium enterprise banking in Queensland, and agribusiness banking in Queensland," said ACCC deputy ...

Mortgage holders, retailers relax after rate pause

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... to 6.44%. The major banks are no longer offering fixed rates under 6%. Mortgage Choice data shows that variable rate home loans remain more popular than fixed rate products, likely due to recent rises in fixed rate home loan pricing, Waldron said. "The ...

KKR real estate arm reports $30m loss

CASSANDRA BALDINI  |  TUESDAY, 25 JUL 2023
... million of cash and $560 million of undrawn capacity on the corporate revolving credit agreement. It funded $177.2 million for loans closed in previous quarters and received loan repayments of $339.3 million, making the current loan portfolio $7.8 billion. ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... for households and businesses to adjust their spending and investment plans. It also anticipates resets of low fixed-rate loans ahead and possible easing in the labour market. "The board recognised the strength of both sets of arguments but judged that ...

iPartners launches property credit fund

KARREN VERGARA  |  THURSDAY, 6 JUL 2023
The alternatives fund manager has launched a strategy to wholesale investors that targets secured real estate loans located in Australia and New Zealand. iPartners' Property Credit Fund is capped at a $50 million raise before first close, with iPartners ...