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Showing 281 - 290 of 2172 results for "Mortgage"

Brokers warn of looming disaster

ELIZABETH MCARTHUR  |  MONDAY, 15 NOV 2021
... found 56% would have to refinance their home if rates rose and 57% could not afford a monthly increase in their rent or mortgage of $300. "Many Australians are clearly on the brink and are sleepwalking into disaster, living in the false hope that rates ...

ASIC cancels AFSL of Future Asset Management

ELIZABETH MCARTHUR  |  FRIDAY, 12 NOV 2021
... entity for Future Asset Holding Fund, Future Conservation Fund, Future Medical Fund, Future Investment Fund and Future Mortgage Income Fund. These funds will be wound up and the liquidators will have the power to investigate the funds' affairs and assets. ...

ASIC outlines ROA guidance

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
... or the basis of the further advice. Examples of relevant circumstances that may instead require an SOA include a new mortgage or significant increase or decrease in debt, a new baby, divorce or separation, the sale of a business or the death of a partner. ...

Wealthwise acquires holistic advice firm

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
... Wealthwise has acquired Complete Financial Solutions, which provides holistic financial advice, as well as lending and mortgage broking services. Complete FS was founded by Mark Giles in 1987 and was most recently part of ClearView Financial Advice. ...

Westpac profit jumps 138%

KARREN VERGARA  |  MONDAY, 1 NOV 2021
... in AUSTRAC's statement of claim," Westpac chief executive Peter King said. In the mortgages business, the new digital mortgage origination platform registered a record high of 810 applications per week; this platform is currently being rolled out to ...

Better Advice Bill gets green light

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
... much left undone, he told parliament. "We still have inquiries coming in relation to commissions, life insurance and mortgage brokers, and there is so much uncertainty. I receive correspondence from advisers concerned about some of the existing mess ...

Scariest themes for investors revealed

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 OCT 2021
... recently announced macro-prudential measures to cool down borrowing would be successful in slowing housing prices and mortgage credit, 60% thought APRA would be back with stronger measures shortly to cool down the extremely hot market in Australian capital ...

Economic recap: Week to October 15

BENJAMIN ONG  |  MONDAY, 18 OCT 2021
... in the pace of asset purchases, by $10 billion in the case of Treasury securities and $5 billion in the case of agency mortgage-backed securities (MBS)." "Participants generally commented that the illustrative path provided a straightforward and appropriate ...

myprosperity launches new platform

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 OCT 2021
... collaborative, fully digital service where households and businesses can connect with financial advisers, accountants, mortgage brokers and lawyers seamlessly. Financial advisers can use the Rooms functionality to collaborate with clients and take care ...

Lending curbs to impact housing market

ELIZABETH MCARTHUR  |  THURSDAY, 30 SEP 2021
... stimulus and boom, but that's now largely washed through. So that leaves higher debt-to-income lending as the sector of the mortgage market most likely to be targeted by curbs in 2022," he said. "In particular, regulators are taking a keen interest in ...