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Showing 11 - 20 of 433 results for "Home loan"

ASIC sues home loan manager over 'unlawful' hardship application handling

MATTHEW WAI  |  WEDNESDAY, 21 MAY 2025
The Australian Securities and Investments Commission (ASIC) has filed legal proceedings against Resimac, which manages non-bank loans provided by Perpetual Trustees, for failing to provide appropriate care in responding to hardship applications. Resimac ...

VanEck to intro RMBS, India ETFs

JAMIE WILLIAMSON  |  TUESDAY, 15 APR 2025
VanEck will soon list two new ETFs, one being an RMBS strategy and the other investing in Indian growth stocks. The VanEck Australian RMBS ETF (ASX: RMBS) will give investors access to a residential mortgage-backed securities strategy, which VanEck ...

Taxes and housing dominate election race

ELIZA BAVIN  |  MONDAY, 14 APR 2025
As May 3 steadily approaches, Prime Minister Anthony Albanese and Opposition Leader Peter Dutton have announced some big spending policies to woo voters. If elected, Labor has promised first home buyers a government loan guarantee to purchase a property ...

Michael Dwyer joins impact fund board

ELIZABETH FRY  |  THURSDAY, 10 APR 2025
HOPE Housing has welcomed industry veteran Michael Dwyer as its inaugural chairperson reflecting the impact fund's growing maturity and track record. Dwyer has served as an advisor to HOPE since the start of the fund that co-invests in home loans ...

Younger women embrace geared strategies: Data

MATTHEW WAI  |  TUESDAY, 4 MAR 2025
... despite the growth, the margin lending usage has dipped 2% to 48%, Investment Trends said the drop is due to more focus on home loan redraw facilities, and 28% of margin lending investors planning to reduce borrowing in the next 12 months, citing interest ...

Australian economy 'fundamentally sound': CBA

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
Commonwealth Bank (CBA) chief executive Matt Comyn painted a positive picture for the Australian economy, despite ongoing cost-of-living pressures. Comyn said high interest rates are doing the job of bringing inflation under control, but the pace of ...

Non-bank lender sued for dodging Credit Code

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2024
... be named as the borrower when it knew the loans were intended for a domestic, personal, or household purpose, like a home loan - which would otherwise be captured by the National Credit Code and carry consumer protections. Some of the companies had no ...

IAM announces new product, appointment

ELIZA BAVIN  |  MONDAY, 21 OCT 2024
Income Asset Management (IAM) has launched a new asset backed securities (ABS) and residential mortgage-backed securities (RMBS) product, ABS-RMBS Direct. The new product aims to offer investors direct access to the asset class. ABS and RMBS are investment ...

Calls for independent oversight on mortgage stress

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
... mortgage stress since it first began tracking in early 2019. More than two in five (42%) homeowners struggled to pay their home loan in August with an estimated 1.4 million mortgagors in distress. "The government should establish an RBA-style board to ...

Rest hires two general managers

JAMIE WILLIAMSON  |  THURSDAY, 5 SEP 2024
The $86 billion industry super fund has added two general managers to its leadership, one to look after strategy and the other to oversee data and insights. Rest said the appointments were made with its strategy to simplify the super experience in mind. ...