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Showing 391 - 400 of 1880 results for "Lendi"

Further board changes at Clime

ELIZA BAVIN  |  TUESDAY, 20 OCT 2020
Clime Investment Management has announced a board resignation and two new appointments after welcoming a new chair earlier this month. Allyn Chant has resigned from the board as non-executive director, with Peter Beaumont and Brett Spork appointed as ...

New property fund launches

ELIZABETH MCARTHUR  |  FRIDAY, 16 OCT 2020
A new property investment fund has launched, backed by the Buxton family. Corsair Investment Management has been launched by MaxCap founding partner Michael Fowler and the Buxton family, which is responsible for property developing company Buxton Group. ...

Funding for housing to decrease

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
The government announced it would increase funding in housing and community amenities by 32.2% in 2020-21, but will then reduce that spending by 35.5% by 2023-24. It said the decrease will be primarily driven by the ending of the COVID-era HomeBuilder ...

Big banks face shareholder action

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
Two of Australia's big four banks face shareholder resolutions as a result of increased exposure to fossil fuels. NAB and ANZ have had shareholder resolutions lodged against them by environmental finance organisation Market Forces to align with the ...

Ratings deteriorate at AMP

ALLY SELBY  |  FRIDAY, 2 OCT 2020
AMP has suffered a further blow this week, after Moody's downgraded its ratings of the embattled wealth management giant. The ratings house lowered its ratings on AMP Group Holdings, AMP Group Finance Services and AMP Bank from A3 to Baa2. However ...

Sunsuper adds long/short to Aussie equities

KANIKA SOOD  |  TUESDAY, 29 SEP 2020
The industry fund is adding a long/short manager to its Australian equities allocation after sticking with long-only strategies. Sunsuper head of listed markets Greg Barnes said the fund is looking to add what he describes as an "extended alpha" strategy ...

Responsible lending laws to be revoked

ANNABELLE DICKSON  |  FRIDAY, 25 SEP 2020
The government has announced a raft of reforms to reduce barriers to Australia's credit framework as a means to boost the economy. The reforms will remove the responsible lending obligations from the National Consumer Credit Protection Act 2009 aiming ...

Liberman firm backs non-bank lender

KANIKA SOOD  |  TUESDAY, 22 SEP 2020
A Liberman family investment company has topped up its investment in a small bank lender. Josh Liberman Investment Group first invested in small-medium enterprise lender Lumi in November 2018 with a $31.5 million raise as a cornerstone investor. Lumi ...

Westpac hires consumer chief executive

ANNABELLE DICKSON  |  TUESDAY, 22 SEP 2020
Westpac Group has appointed a former fintech chief executive to lead its consumer banking division. Chris de Bruin has over 24 years' experience in financial services and joins from Dubai-based fintech Deem where he has been chief executive for over ...

ME Bank profits rise in FY20

ELIZABETH MCARTHUR  |  THURSDAY, 17 SEP 2020
Despite all the challenges of 2020, ME Bank has managed a positive full year result with the bank determined to stick to its simple model. The bank had a statutory NPAT of $80.8 million in 2020, up 20% on last year's results. Its underlying NPAT was ...