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| | | ... from ANZ and Westpac, included non-major bank MyState, which, despite commanding a miniscule 0.3% share of the Australian home loan market, has shown that it can profitably grow loans. The other top pick was Bank of Queensland, which has extracted cost ... |
| | | | Federation Asset Management has acquired Homesafe Solutions, aiming to drive innovation and expansion in the equity release market. Homesafe Solutions was established in 2005 by Peter Szabo and is the provider of Homesafe Wealth Release. Federation ... |
| | | | ... realised pay of $47.58 million in the 2023 financial year. He was followed by News Corp chief executive Robert Thomson, who took home $41.53 million. Notably, both executives lead companies that are domiciled outside of Australia. Goodman Group chief ... |
| | | | ... focused on helping their clients navigate superannuation contributions, transfer balance caps, dealing with a death benefit and home ownership issues, according to the latest data from AMP Advice. TapIn, AMP Advice's technical service for its advice ... |
| | | | ... executive, MLC Expand. She will join the business on July 29, leaving behind her current role as chief executive of OneTwo Home Loans. McCarthy, who be oversee the wrap platforms business, has previously held senior executive roles with humm group, Jetstar ... |
| | | | ... May 2023," Wu said. The monthly fall was broad-based across borrowers. Lending to owner-occupiers fell by 2%/month (first-home buyers were down by 2.9%/month) and investors eased by 1.3%/month. Annual rates of growth remain elevated, led by investors ... |
| | | | Aware Super's default High Growth investment option returned 11.02% for FY24, home to about 70% of its membership. The High Growth accumulation option - a lifecycle product - is Aware's default offering and has more than 750,000 of its 1.1 million members ... |
| | | | ... at any stage at an agreed value. Residents are also offered optional money coaching to help them budget to purchase their home. AustralianSuper made a cornerstone investment in Assemble in 2020, acquiring a 25% stake. It has injected about $500 million ... |
| | | | Capital Group - which has US$2.7 trillion in equity assets under management - has identified three megatrends poised to upend industries and kick down the doors to fresh investment opportunities. The Californian headquartered investment manager, that's ... |
| | | | ... withdraw up to $50,000, up to a maximum 40% of their balance, from their superannuation fund account to purchase their first home. The analysis focused on 38-year-olds and assumed that 20% of renters would purchase a home under the scheme. The Parliamentary ... |
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