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Showing 241 - 250 of 2171 results for "Mortgage"

Aussies don't need so much in retirement savings: SCA

JAMIE WILLIAMSON  |  TUESDAY, 19 JUL 2022
... The Super Consumers Australia targets assume an individual owns their own home outright or won't be renting or paying a mortgage and all spending figures have been adjusted for inflation and based on Australian Bureau of Statistics data. In developing ...

Chorus of self-interest in financial advice: SCA

JAMIE WILLIAMSON  |  WEDNESDAY, 6 JUL 2022
... questions about the value of getting advice from a super fund with inherent conflicts. For example, someone retiring with a mortgage might want to know if they should use their super to pay off their remaining loan or keep it invested," he wrote. "Super ...

Social impact fund to target essential workers

JAMIE WILLIAMSON  |  MONDAY, 4 JUL 2022
... at UNSW using its new Amplify Online tool. The initiative is offered in partnership with Police Bank as the exclusive mortgage provider and requires a minimum 2.5% deposit. The house purchased must be the essential worker's primary residence. Investment ...

Neobank Volt closes its doors

CASSANDRA BALDINI  |  WEDNESDAY, 29 JUN 2022
... this call in the best interest of our customers." The statement said that Volt has executed a transaction to sell its mortgage portfolio and begun the process of returning all deposits to customers in full. "The company has the necessary liquidity available ...

AMP wants life insurance caps raised, fees lowered

CASSANDRA BALDINI  |  MONDAY, 27 JUN 2022
... commission system in life insurance with good governance practices in place to protect consumers is workable, like in the mortgage broking industry. " "The Quality of Advice Review is a generational opportunity to reset regulations relating to financial ...

Squirrel Super to pay over false property claims

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
... material also claimed that purchasing an $800,000 investment property using a 25% deposit from an SMSF and taking out a mortgage for the balance would produce a 14% return annually. The brochure, titled How buying residential property can super charge ...

NSW to introduce options for first home buyers

CASSANDRA BALDINI  |  TUESDAY, 21 JUN 2022
... 30% offering for existing dwellings. Participants must have a minimum 2% deposit of the purchase price, with no lenders mortgage insurance required and earn a maximum gross income of $90,000 for singles and $120,000 for couples. The property purchase ...

Westpac outlines new social initiatives

CHLOE WALKER  |  MONDAY, 20 JUN 2022
... security, including increasing home ownership rates among females. Westpac has expanded eligibility for its existing Lender's Mortgage Insurance (LMI) Waiver to include more health professions. The LMI Waiver now includes eight further allied health ...

Pallas Capital introduces feeder fund

CHLOE WALKER  |  THURSDAY, 26 MAY 2022
... executive director Mark Spring said. "The PFT Feeder Fund gives a direct exposure to PFT, our most conservative first mortgage fund, at an attractive rate of return. "For example, PFT cannot make construction loans or 'related party loans' and must operate ...

Risk asset volatility guaranteed: Western Asset

ANDREW MCKEAN  |  FRIDAY, 20 MAY 2022
... Western Asset's view, as such, it has been identified as a rising star. The investment manager also shone a spotlight on mortgage credit for its attractiveness on a relative-value basis. Following Australia's emergence from COVID lockdowns, lending has ...