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Showing 321 - 330 of 2618 results for "Loan"

Residential mortgages will defy headwinds: Study

KARREN VERGARA  |  TUESDAY, 14 MAR 2023
... available during the record low-interest-rate environment in 2021. Finally, Foresight highlights that the portion of high loan-to-value balances of 80% and above have decreased for non-bank lenders since the Global Financial Crisis. "In July 2008, it ...

US agencies act to prevent crisis

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2023
As a second institution is closed by regulators, emergency measures to shore up the US financial system and prevent a banking crisis are being implemented. It comes as local tech companies confirm minimal exposures to the Silicon Valley Bank failure. ...

Court fines ANZ for dodgy introducer program

KARREN VERGARA  |  MONDAY, 13 MAR 2023
ANZ has copped a $10 million penalty for its home loan referral program that breached consumer credit protection laws. The Federal Court found that the bank's Home Loan Introducer Program enabled unlicensed third parties to refer customers to ANZ for ...

Australian dividends surge in 2022: Report

CASSANDRA BALDINI  |  WEDNESDAY, 1 MAR 2023
Australian dividends rose to a new record last year and investors reaped the benefits taking home a collective $97.7 billion in payouts. According to Janus Henderson, the increase was complemented by an 8.4% rise in global dividends which grew strongly ...

New head of private debt at QIC

ELIZABETH FRY  |  FRIDAY, 24 FEB 2023
The Queensland government investor has recruited Simon La Greca as global head of private debt, replacing Andrew Jones who stepped down from the role this month. La Greca joins from Ares Management where he was a partner and head of infrastructure debt ...

Financial Circle director convicted, fined

CHLOE WALKER  |  TUESDAY, 21 FEB 2023
... received significant fees paid out of client super accounts. Fuoco's involvement included making key decisions on consumer loan arrangements on behalf of Financial Circle, giving instructions to other employees and officers of the company, including ...

JANA awarded mandate by NFP

CHLOE WALKER  |  MONDAY, 20 FEB 2023
In a new mandate win, JANA will provide traditional advisory services, strategic advice and portfolio construction and risk assessment for Community Trust South. The New Zealand based philanthropic trust holds more than $270 million and has provided ...

Super, advice class actions dampen CBA results

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
Despite reporting bumper profits this morning, Commonwealth Bank continues to put out fires from its misconduct stemming from the Hayne Royal Commission, as it looks to tackle several class actions in 2023. One ongoing lawsuit alleges that Colonial ...

QIC inks PRP, TEEG deals

JAMIE WILLIAMSON  |  TUESDAY, 14 FEB 2023
QIC has secured loans in PRP Diagnostic Imaging (PRP) and The Entertainment and Education Group (TEEG), saying private debt is "one of the steadier ships for investors to sail on". The senior secured loans form part of arrangements exceeding $1 billion ...

Recession risk for Australia minimal: Forum

KARREN VERGARA  |  TUESDAY, 14 FEB 2023
Australia will remain resilient amid raging headwinds posed by inflation and interest rates, to the extent that it will meet its growth forecast and avoid a recession, according to an investment expert. La Trobe Financial chief investment officer Chris ...