Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 451 - 460 of 1881 results for "Lending"

Super funds must prioritise liquidity: Regulators

HARRISON WORLEY  |  WEDNESDAY, 1 APR 2020
... net cash flows, member behaviour and market conditions. The regulators also want super funds to review their securities lending arrangements. The directive follows the recent decision of UniSuper to halt the practice altogether in light of the COVID-19 ...

Why banks are lifting TD rates

ALLY SELBY  |  FRIDAY, 27 MAR 2020
... personal customers with their financial needs when they need it most," he said. "NAB is open for business. We continued lending throughout the Global Financial Crisis and we'll continue to lend through this." Analysis by RateCity.com.au found that ...

AFCA updates approach amid COVID-19 crisis

ALLY SELBY  |  THURSDAY, 26 MAR 2020
... the problems faced by the industry and its customers. It also supports the government's proposed changes to responsible lending obligations for those that encounter difficulties in accessing credit during this period.

Recovery expected in 2021: IMF

ELIZA BAVIN  |  TUESDAY, 24 MAR 2020
... pledges already made and call on others to join." The IMF said it is standing ready to deploy its entire US$1 trillion lending capacity. "These are extraordinary circumstances. Many countries are already taking unprecedented measures. We at the IMF ...

Chief economist update: Lock us down Scotty!

BENJAMIN ONG  |  TUESDAY, 24 MAR 2020
... purchases will be expanded to include commercial mortgage-backed securities, or CMBS (statement)." "Also announced three new lending facilities designed to support $300 billion in new funding, with Treasury to cover $30 billion in losses (statement). ...

Chief economist update: Cash splash

BENJAMIN ONG  |  FRIDAY, 20 MAR 2020
... access to funding of up to 3% of existing outstanding credit. Access to additional funding contingent on banks increasing lending to businesses," it said. "RBA will also continue to conduct one-month and three-month repo operations to provide liquidity. ...

ASIC drags CFS to court over MySuper

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... current. It follows action by ASIC earlier this week, announcing it would pursue Commonwealth Bank in the Federal Court over lending to a problem gambler and its AgriAdvantage Plus Package.

CBA in court over RC case studies

ELIZABETH MCARTHUR  |  MONDAY, 16 MAR 2020
... case studies and are being pursued by the regulator in the Federal Court. ASIC alleges CBA contravened the responsible lending provisions of the National Consumer Credit Protection Act 2009 (National Credit Act) when it lent to a customer, David Harris ...

UniSuper suspends stock lending

JAMIE WILLIAMSON  |  MONDAY, 16 MAR 2020
... currently out on loan indefinitely. The $85 billion super fund has requested BNP Paribas Securities Services to suspend stock lending, effective immediately. UniSuper said restricting the ability to short-sell is in the best interests of the market. ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
... maturities of five to ten years in an unscheduled move. It also said it would inject an additional ¥1.5T in two-week lending. ECB chief economist Lane said in a blog post central bank will not tolerate any risks to smooth transmission of its policy ...