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Showing 411 - 420 of 2172 results for "Mortgage"

Receivers appointed to Mayfair 101 entity

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAY 2020
Receivers have been appointed to Mayfair 101's IPO Wealth, with Mayfair slamming the decision by the trustee and claiming this won't harm its Dunk Island development. Vasco Trustees Limited, the trustee of IPO Wealth, advised that on 22 May ...

Investment manager launches income fund

ALLY SELBY  |  TUESDAY, 12 MAY 2020
A credit and alternative investment manager has launched its first Australian product; a global credit income fund set to provide investors with 3-4% in yield per annum. The strategic joint venture between global credit investment manager Ares Management ...

Trust in big four improves

ALLY SELBY  |  MONDAY, 11 MAY 2020
Consumer trust in Australia's big four banks has made headways during the COVID-19 crisis, yet despite the improvement they still don't make the top 10. Surveying 1250 Australians in relation to 31 banks, the Australian Banking Brand and Trust index ...

ISA, ME Bank issued please explain

ELIZABETH MCARTHUR  |  MONDAY, 11 MAY 2020
... altering redraw balances on home loans. Wilson said that ME Bank's actions raised questions about how secure and flexible mortgage products are. Over the weekend, ME Bank took out full page ads in major newspapers issuing a "MEa culpa" over the redraw ...

ME Bank saga could impact super funds

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
... 17 April 2020) to $76,200 on 23 April 2020 (or by $16,500). The customer, who has less than $10,000 remaining on their mortgage and has been an ME Bank customer for over a decade, received the letter days after the redraw balance had been lowered. Compounding ...

Aussie banks battered by pandemic

ALLY SELBY  |  TUESDAY, 5 MAY 2020
... system's role," he said. This will revolve around the extent of support that banks provide for Australian business and mortgage holders. "Credit costs are yet to reach the levels experienced in the financial crisis of 2008 and nobody knows what it ...

Mortgage Choice Financial Planning rebrands

ELIZA BAVIN  |  TUESDAY, 5 MAY 2020
Mortgage Choice has announced the rebranding of its financial advice division from Mortgage Choice Financial Planning to FinChoice. Mortgage Choice chief executive Susan Mitchell said the decision came after a strategic review of the company's brand ...

ERS top of mind for advisers

ELIZA BAVIN  |  MONDAY, 4 MAY 2020
... were available to help people through a period of lost income, both from the government and private sector, such as the mortgage payment pause offered by the banks. Perri added that those seeking to apply for the fortnightly JobSeeker payment should ...

The next big short

ALLY SELBY  |  THURSDAY, 23 APR 2020
... way tries to transform the underlying value or the risk associated with the investments themselves." CDOs and subprime mortgage securities, in comparison, didn't have great characteristics individually, but when combined together, their value and ...

Mayfair 101 pushes on

ELIZABETH MCARTHUR  |  THURSDAY, 23 APR 2020
... Property Bond claims to offer investors the ability to earn fixed rates of return in exchange for direct registered first mortgage security over properties the group owns in Mission Beach. "We are democratising the financing of this significant project ...