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Showing 331 - 340 of 2102 results for "Funding"

MA Financial strengthens lending business

CHLOE WALKER  |  MONDAY, 28 AUG 2023
... things to consider when dealing with credit is good structure and security. "... We are very cautious on the mezzanine funding in real estate and in real estate construction at the mezzanine and personal unsecured level," he said. "We do all of the underwriting ...

No question we need more BTR: Mowat

CHLOE WALKER  |  THURSDAY, 24 AUG 2023
... Eastern seaboard around 300 units per development." Mowat said UBS looks at varying deal structures including forward-funding, de-risked structures with a view to maximise the alignment of interests; a strategy that works very well for its investors. ...

Centrepoint names new chair, borrows $10m for M&A

CASSANDRA BALDINI  |  WEDNESDAY, 23 AUG 2023
... NAB for a debt facility of $10 million to fund acquisitions. The specifics of the term sheet and the intended use of the funding will be disclosed once the facility is set up, it said. A combination of the loan, its balance sheet and cash position will ...

Westpac reports $1.8bn net profit, rise in stressed assets

ANDREW MCKEAN  |  MONDAY, 21 AUG 2023
... 1.37%. Westpac also showcased robust liquidity metrics: a 138% average liquidity coverage ratio and a 118% net stable funding ratio, both exceeding regulatory minimums. "Credit quality was resilient in 3Q23, and the group remains well provisioned," Westpac ...

Netwealth gears up to relaunch Core, market share expands

ANDREW MCKEAN  |  WEDNESDAY, 16 AUG 2023
... segments, and we have successfully secured several important new licensee relationships that have begun transitioning and funding new accounts." Earlier this year, Netwealth also relaunched Wealth Accelerator with a focus on non-custodial assets. The ...

Fund manager injects $28m in Stockspot

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
Robo-adviser Stockspot received a $28 million funding boost from a global fund manager that will see it expand its capabilities in the precarious digital advice landscape. Mirae Asset Global Investments announced its "major strategic investment" in ...

Pacific Equity Partners finances reverse mortgage lender

ANDREW MCKEAN  |  MONDAY, 14 AUG 2023
Pacific Equity Partners (PEP) will finance Household Capital, a reverse mortgage lender, to address the retirement funding and housing needs of senior Australians. PEP is investing in a financing layer of Household Capital's funding structure, alongside ...

Liquidate $250bn Future Fund, says think tank

CASSANDRA BALDINI  |  THURSDAY, 10 AUG 2023
... "This imposed the cost of financing liabilities accrued in the past onto taxpayers of the day." Future Fund's initial funding came from both the surplus of the Commonwealth's 2006-2007 budget and the transfer of the remaining assets held by the ...

Should wealthy Aussies use super to fund aged care?

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
Amid fresh concerns about funding Australia's ageing population, assistant treasurer Stephen Jones has responded to a new issues paper that suggests requiring wealthy Australians to use part of their superannuation for their personal aged care costs. ...

Aware Super, Challenger partner for DB solution

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
... their retirement income and the Victorian state government and more than 100 employers whose uncertainty around future funding requirements will be alleviated." Meantime, Challenger said the mandate is a demonstration of the increasing number of pension ...