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Showing 291 - 300 of 5945 results for "banks"

EG grows private wealth strategy

CHLOE WALKER  |  THURSDAY, 26 OCT 2023
... managers swoop in on the opportunities a rapidly rising interest rate environment presents. "As lending declines from the major banks, we have recognised a funding gap within the market," Walt said on the joint venture. "That's why private debt has ...

Pepper Money launches SMSF loan offering

CASSANDRA BALDINI  |  MONDAY, 23 OCT 2023
... previous year. Amid the resurgence of individuals seeking suitable investment properties for their funds and the exit of major banks from the market, Pepper Money said it aims to fill the market gap with its "timely" launch. Pepper Money's general manager ...

Hostplus-backed redevelopment secures $295m from ANZ

JAMIE WILLIAMSON  |  THURSDAY, 19 OCT 2023
... projects and the right developers, build-to-sell is still a development strategy that will secure the support of the big four banks," he said. "ANZ's collaborative approach and innovative thinking has added a lot of value to the project to date and we ...

Former AMP Capital executive takes over at Selfwealth

CASSANDRA BALDINI  |  THURSDAY, 19 OCT 2023
... established, high-quality customer base. "With the transformation of the business underway, I believe that my experience in the big banks and AMP Capital, as well as more recently, fintech businesses, will enable me to drive the growth aspirations of ...

RBA's multi-channel approach curbs inflation

ANDREW MCKEAN  |  THURSDAY, 12 OCT 2023
... Australia, the exchange rate channel can be important. Kent noted that when interest rates comparatively rise to central banks abroad, the Australian dollar's value increases. This results in Australians paying less for imports, while foreign consumers ...

Pengana launches first global private credit fund

CHLOE WALKER  |  WEDNESDAY, 11 OCT 2023
... global private credit has been strong for the last 15 years," Richardson said. "Private credit has grown rapidly as global banks have retreated from corporate lending due to increasingly stringent regulatory requirements, providing one of the most compelling ...

Multi-asset funds see $1bn exodus

KARREN VERGARA  |  WEDNESDAY, 11 OCT 2023
... are essential to calculating what equities should be worth. One moment, inflation comes in better than expected or central banks hitting pause on interest rates causes a bond market rally," Lee said. "This, along with investor hopes for a soft economic ...

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... credit boom shows no signs of abating as a spate of wealth managers step into traditional lending practices once dominated by banks. But how long will its golden hour last? After a prolonged low-growth period, fund managers are swooping in on the opportunities ...

How will the Israel-Hamas conflict impact Australia?

CASSANDRA BALDINI  |  TUESDAY, 10 OCT 2023
... impacts energy, it's used widely. If globalisation starts rising as well, then it makes the equation harder for central banks to say that they've reached the top in terms of their rate hike cycle," he said. "It increases the risk that we may ...

Australia vulnerable to further shocks: RBA

CASSANDRA BALDINI  |  MONDAY, 9 OCT 2023
... risk of insolvency is increasing, its impact on the wider financial system continues to be minimal. The RBA said Australian banks are profitable and hold capital and liquid assets in excess of regulatory requirements. Further, banks' funding sources ...