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Showing 291 - 300 of 2171 results for "Mortgage"

Aussies confident about retirement spending: Study

KARREN VERGARA  |  TUESDAY, 28 SEP 2021
... the global pandemic has spurred Aussies (68%) to focus on their finances. They prioritise paying off debts and their mortgage followed by purchasing a property. As with previous years, Aussie's investment expectations remain unrealistically high. Australian ...

ASIC worried about finfluencers

ELIZABETH MCARTHUR  |  TUESDAY, 21 SEP 2021
... committed to addressing unmet financial advice needs in Australia, offering the example of a middle-income family with a mortgage as the kind of Australians who might benefit from advice around insurance and cashflows but view professional advice as ...

BNP Paribas takes stake in asset manager

ANNABELLE DICKSON  |  THURSDAY, 16 SEP 2021
... global distribution network. It will also provide PDRA with the opportunity to accelerate the development of its Dutch mortgage capability. "This partnership marks an important step in the development of our private debt platform and a significant move ...

ME Bank faces criminal charges

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... that owned the bank for more than $1.3 billion. The bank faced scrutiny in 2020 after some legacy customers had their mortgage redraw facilities adjusted, allegedly without notice. Chief executive James McPhee resigned shortly afterwards, with Adam Crane ...

ASX eyes a bigger slice of fixed income active ETFs

KANIKA SOOD  |  THURSDAY, 9 SEP 2021
... considered for listing on the ASX as an ETF. As an example, fixed income funds with holdings in asset-backed securities and mortgage-backed securities will now be able to seek an ETF listing on the ASX. "The asset needs to have a reliable pricing framework ...

Pallas Capital raises $194m

KANIKA SOOD  |  THURSDAY, 9 SEP 2021
... far, of which 72 have been fully redeemed and repaid. The funds have been allocated to new and existing first and second mortgage investment products across Sydney and Melbourne. "Many of these include boutique residential projects in Melbourne's inner-city ...

Apollo expands in Australia, acquires fund manager stake

KARREN VERGARA  |  THURSDAY, 9 SEP 2021
... Apollo has about $472 billion assets under management. It recently partnered with Foundation Home Loans, a specialist UK mortgage lender, and Victory Park Capital in the US to invest in asset-backed credit facilities for emerging companies.

Economic recap: Week to August 27

BENJAMIN ONG  |  MONDAY, 30 AUG 2021
... US$120bn in monthly asset purchases -- at least US$80bn in Treasury securities per month and at least US$40bn in agency mortgage-backed securities per month - the Fed has been making to support the US economic recovery. All good... "if the economy evolved ...

Actuaries Institute releases retirement policy review

KANIKA SOOD  |  MONDAY, 23 AUG 2021
... ensuring employers pay SG at the same time they pay wages. It wants it to be harder for older Australians to obtain a mortgage with a long outstanding term. "Superannuation benefits are intended to be used for retirement living rather than secure mortgages," ...

Iress steady amid OneVue integration

ELIZABETH MCARTHUR  |  THURSDAY, 19 AUG 2021
Iress' half year results were solid with profit up 9% and earnings per share up 6%, as it finalises the integration of OneVue's business. Iress reported pro forma revenue of $298.7 million and segment profit of $77 million. It declared an interim dividend ...