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Showing 251 - 260 of 2172 results for "Mortgage"

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 ...

Super home buyer scheme fails to move the needle

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
... income is generated while the fund holds a share of the home. "On the other hand, the member might be saving some rent or mortgage interest and we presume that any capital gain would be tax-free to the fund, another potential positive." Presumably, super ...

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
... easier for first home buyers to save for a deposit, reducing the time people need to pay rent and also means a smaller mortgage with less debt and smaller repayments," Prime Minister Scott Morrison said. "Super should be harnessed to support the aspiration ...

Reserve Bank fallout after hawkish pivot

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
... Rate City report has said if the banks pass on this hike in full, the average borrower with a $500,000 loan and 25-year mortgage term would see repayments shoot up by $65 a month. All four major banks have very quickly announced rate changes for owner-occupiers ...

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 ...

Contango signs distribution deal, flags rebrand

JAMIE WILLIAMSON  |  THURSDAY, 21 APR 2022
... Merricks Capital. Woodbridge will introduce the Woodbridge Private Credit Fund to wholesale investors, a portfolio of 1 st mortgage real estate loans with an ESG integrated investment portfolio. It's expected to launch in May. Contango will distribute ...

Caddick's husband chases payday

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 APR 2022
... the property in her name. The Grimleys were under the impression that Caddick would use the $1 million to pay down the mortgage on their new property - but she never did. It's estimated about $26 million of investors' money disappeared when Caddick ...

Mayfair sues Mission Beach lender

ELIZABETH MCARTHUR  |  THURSDAY, 14 APR 2022
Mayfair 101 and its founder James Mawhinney are now suing the financier that allowed the company to purchase property in Mission Beach. Mayfair 101 obtained bridging finance, to purchase the Mission Beach property, from Napla between late 2019 and early ...

Iress halts divestment of UK mortgage business

ANDREW MCKEAN  |  TUESDAY, 12 APR 2022
Iress has announced that it will not proceed with the divestment of its UK mortgage business. This latest announcement contrasts plans previously outlined in the company's 2021 annual report to consider a sale of the mortgages business. It was originally ...