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Showing 221 - 230 of 2171 results for "Mortgage"

US recession probability reaches 75% - is Australia at risk?

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
According to UNSW Business School associate professor Konark Saxena, the probability of a US recession is about 75%, possibly impacting several macroeconomic indicators. To bring down inflation, the US Federal Reserve must increase interest rates until ...

CPI poses awkward optics for RBA: Economist

ANDREW MCKEAN  |  MONDAY, 31 OCT 2022
Reserve Bank of Australia (RBA) commentary sometimes infers that Australia's inflation circumstances are different or less challenging than elsewhere in the developed country complex, but GSFM investment strategist Stephen Miller believes that any "difference" ...

Affordable housing in Budget spotlight

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
... homes. A Help to Buy Scheme will allow 40,000 eligible Aussies to own their own home with a lower deposit and smaller mortgage. Meanwhile, the Regional First Home Buyer Guarantee will help 10,000 new homeowners each year, backdated to 1 October 2022. ...

Challenger offloads banking business

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2022
... segments of the market where we can provide products where we can differentiate from the mainstream." The group's Reverse Mortgage and Livestock Finance businesses will be transferred to sit under the Challenger Bank. Greenslade added that the plan is ...

Household Capital partners with Genworth

ANDREW MCKEAN  |  WEDNESDAY, 19 OCT 2022
Genworth Financial Mortgage Insurance has taken a 22% stake in home equity retirement funding provider Household Capital, concluding a $37.6 million series C capital raise. Speaking to Financial Standard, Household Capital chief executive Joshua Funder ...

Australian Unity gives funds management business a makeover

CHLOE WALKER  |  THURSDAY, 13 OCT 2022
Australian Unity's wealth and capital markets funds management activities have been unified to form Australian Unity Funds Management. Collectively responsible for more than $15 billion in funds under management, the dedicated business will comprise ...

Retirement fears on the rise: AMP

CHLOE WALKER  |  WEDNESDAY, 28 SEP 2022
... specific retirement goal has dropped from nearly 60% to just around 40%. The key goals identified include paying off the mortgage and saving more super. "While it's encouraging that more Australian workers are now thinking about their retirement plans...this ...

Managed funds industry records $16bn net flows

ANDREW MCKEAN  |  TUESDAY, 27 SEP 2022
The managed fund industry had estimated net flows of $16 billion in the 12 months to June 2022, an increase in funds under management (FUM) through net flows of 2.3%, according to the Rainmaker Information Wholesale Managed Funds Net Flows report. However ...

Caddick mansion officially on the market

JAMIE WILLIAMSON  |  MONDAY, 26 SEP 2022
... Another property, a penthouse apartment in Edgecliff, is also one of the assets Jones Partners is taking care of. The mortgage on that property - which was home to Caddick's parents - hasn't been paid since Caddick went missing. The listing for ...

ASIC concerns see 18 funds update advertising materials

JAMIE WILLIAMSON  |  THURSDAY, 8 SEP 2022
... Capital Fund, ASCF Select Income Fund and the ASCF High Yield Fund; Balmain Fund Administration and the Balmain Discrete Mortgage Income Trust; CFMG Equity and Income Funds Limited and the CFMG First Mortgage & Income Fund and the CFMG Land and Opportunity ...