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Showing 21 - 30 of 97 results for "Funder"

IFM, Citi pour $300m into Household Capital

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
Home equity retirement funder Household Capital has secured $300 million in financing from IFM Investors and Citi. The securitisation debt facility will allow Household Capital to meet what it has identified as an increasing demand from retired Australian ...

Advice gap spurs boom in investment media

ELIZABETH MCARTHUR  |  THURSDAY, 4 NOV 2021
The gap between those who want financial advice and those who have the means to afford it is being credited for the popularity of media companies offering investment news and tips. Investment newsletter founded by Marcus Padley Marcus Today recently ...

Class action legislation open for consultation

ANNABELLE DICKSON  |  FRIDAY, 1 OCT 2021
... exposure draft legislation for consultation on the distribution of class action proceeds in proceedings involving a litigation funder. If the legislation progresses, it will implement key recommendations of the Parliamentary Joint Committee on Corporations ...

Class action consultation opens

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
Following industry backlash last year, the government is consulting on the recommendations for litigation funding and class actions. The Parliamentary Joint Committee on Corporations and Financial Services Report Litigation funding and the regulation ...

Aussie charities robust prior to COVID

KARREN VERGARA  |  WEDNESDAY, 19 MAY 2021
... 2019 grew by 12% to $11.8 billion. The Australian Charities Report shows that the government continues to be the biggest funder of charities, contributing nearly half (47%) or $78.1 billion to the sector's revenue. Donations mostly went to the general ...

Deborah Ralston joins Household Capital

JAMIE WILLIAMSON  |  THURSDAY, 13 MAY 2021
... the way in meeting the housing and funding challenges of an aging population." Household Capital chief executive Joshua Funder welcomed Ralston and thanked Diamond for his service. "Australian retirees are on paper the wealthiest in the world. Unlocking ...

Westpac settles life insurance class action

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 APR 2021
... estimated that 80,000 Australians had purchased the overpriced Westpac Life policies. The class action was backed by litigation funder JustKapital. Westpac has now resolved the matter without making any admission of liability in relation to the sale ...

Aged care RC unveils 148 recommendations

KARREN VERGARA  |  TUESDAY, 2 MAR 2021
... requires decisive action from government to become a reality," the union said. Household Capital chief executive Joshua Funder said: "The challenge of meeting the needs of an aging population will only be met when we come together to ensure that older ...

IOOF subsidiary loses appeal

ANNABELLE DICKSON  |  FRIDAY, 5 FEB 2021
... behalf of "covenantholders" who eventually took losses. One of the covenantholders, David Kerr was backed by litigation funder IMF Bentham and, acting on behalf of 4500 investors, demanded AET pay $82 million in compensation. Last year the Supreme Court ...

Household capital remains key: RIR

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... in the provision of home equity as the third pillar of retirement funding. Chief executive of Household Capital, Joshua Funder applauded the review's support of house equity access for Baby Boomers. "For most Baby Boomers, voluntary savings outside of ...