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Showing 441 - 450 of 2618 results for "Loan"

Brokers warn of looming disaster

ELIZABETH MCARTHUR  |  MONDAY, 15 NOV 2021
... next year with rising inflation - could be catastrophic for our nation." White pointed out that, based on the average home loan amount, an increase of $300 is only about a 1% raise to mortgage payments. "1% is not a large increase. It will happen and ...

Metrics Credit Partners acquires

ELIZABETH MCARTHUR  |  FRIDAY, 12 NOV 2021
... Initiative's (CBI) programme. Metrics said it will support the redirection of capital towards that goal by promoting green loan opportunities in the Australian market as borrowers participate in Australia's transition to a low-carbon economy. ...

European syndicate bids for Link subsidiary

KARREN VERGARA  |  FRIDAY, 12 NOV 2021
... part of ASX-listed Pepper Money) and a group of firms offered €55m ($86.5m) for the unit, which operates as BCMGlobal, a loan and asset management service provider. If the syndicate is successful, PES will then acquire BCMGlobal's non-Irish businesses ...

ASIC shuts down unlicensed investment scheme

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
... Coast-based directors Aryn Hala and Heidi Walters. Hala allegedly told investors that he can help them invest their SMSFs and then loan that money to A One Multi and earn annual investment returns of over 20%. ASIC claims that between 1 January 2019 ...

CBA pleads guilty to selling junk insurance

ANNABELLE DICKSON  |  MONDAY, 1 NOV 2021
... consumer credit insurance. The charges were brought by ASIC and relate to CBA's promotion and sale of CreditCard Plus and Loan Protection policies as an add-on insurance product in branches, by telephone and online. ASIC alleged between 2011 and ...

New FSC board appointment

ELIZABETH MCARTHUR  |  FRIDAY, 29 OCT 2021
Bell Asset Management chief executive Nick Fels has joined the board of the Financial Services Council (FSC). Fels has more than 30 years' experience in the financial services industry. He has been chief executive of Bell Asset Management since 2017 ...

Sally Loane resigns as FSC chief

JAMIE WILLIAMSON  |  FRIDAY, 22 OCT 2021
The Financial Services Council has announced that Sally Loane will step down as chief executive at the end of the year. Loane has led the industry body for seven years, including through the Royal Commission and its aftermath. In her time, Loane was ...

AMP reports mixed quarter

JAMIE WILLIAMSON  |  THURSDAY, 21 OCT 2021
... GPT and Mirvac. AMP Capital's assets under management sit at $180.3 billion, a reduction of 4%. Finally, AMP Bank's loan book grew by $0.3 billion in the quarter to now sit at $21.3 billion. New Zealand wealth management assets increased the ...

Advisers query super changes

ANNABELLE DICKSON  |  TUESDAY, 19 OCT 2021
... against the fund so long as the relief is on commercial terms due to financial impacts of the pandemic. This also applies to loan repayment relief provided by an SMSF. Advisers also had queries about property ownership despite most advisers knowing that ...

Metrics Credit Partners joins climate partnership

ANNABELLE DICKSON  |  THURSDAY, 14 OCT 2021
... of green loans in Australia. Metrics said it will support the redirection of capital towards that goal by promoting green loan opportunities in the Australian market as borrowers participate in Australia's transition to a low-carbon economy. "As the ...