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Showing 331 - 340 of 2171 results for "Mortgage"

Managed funds coped with COVID-19: ASIC

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
... responsible entities of these funds did not tighten members' ability to withdraw their investments. The review looked at four mortgage funds, five direct property funds and five fixed income funds between June and November 2020. These funds accounted ...

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
... status quo -- federal funds rate at 0-0.25% increase its bond purchases by at least US$80 billion a month and agency mortgage-backed securities by around US$40 billion monthly. "...I know that it's not easy, to be calm when you've found, something ...

Westpac earnings take hit

ANNABELLE DICKSON  |  MONDAY, 26 APR 2021
... million cost associated with ending the relationship with IOOF and an $84 million write-down of goodwill related to lenders mortgage insurance. Furthermore, the bank recorded an accounting loss of $113 million on the sale of Westpac Pacific along with ...

ASIC opens breach reporting consultation

ANNABELLE DICKSON  |  THURSDAY, 22 APR 2021
... notify, investigate and remediate obligations for AFS licensees who are financial advisers and credit licensees who are mortgage brokers. "We support the reform goals to promote consistent, timely and high-quality reports. The Financial Services Royal ...

ERS spending revealed

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 APR 2021
... JobKeeper payment through their employer, or in their own business. Half these households owned their dwelling with a mortgage, while almost half (47%) were couple families with dependent children," Adams said. "Average government payments rose by $89 ...

Risk advice most sought-after among Kiwis

KARREN VERGARA  |  THURSDAY, 15 APR 2021
... reveals that risk products are the most popular topic among advisers, followed by advice provided on KiwiSaver (48%), mortgage products and consumer credit contracts (37%), and general insurance and managed funds, which drew 32% respectively. New Zealand ...

Atlas Wealth launches mortgage brokerage

KARREN VERGARA  |  WEDNESDAY, 14 APR 2021
Atlas Wealth Management has launched a mortgage-broking business and appointed a director to help expatriates buy property in Australia. Atlas Mortgages is led Jeremy Harper as director, an experienced mortgage broker who's also worked in accounting ...

Catholic Super bank implements Temenos

KANIKA SOOD  |  MONDAY, 12 APR 2021
Catholic Super's bank MyLife MyFinance has implemented Temenos' digital banking platform replacing its legacy system. Temenos said the implementation reduces the bank's complexity by moving all processes and data to one core system, Temenos Transact. ...

Multiples paid for client books dip

KARREN VERGARA  |  WEDNESDAY, 31 MAR 2021
... trading capability to the latter would fetch between $80,000 to $120,000. The firm, which also brokers accounting and mortgage broking firms, found that demand for accounting and loan books has shot up. The short supply in accounting practices is garnering ...

REA Group to acquire Mortgage Choice

ELIZABETH MCARTHUR  |  MONDAY, 29 MAR 2021
REA Group has entered into an agreement with Mortgage Choice to acquire 100% of outstanding shares for $1.95 cash per share in a deal worth $244 million. Mortgage Choice has a loan book of $54 billion, settlements of $11 billion in 2020 and in the six ...