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Showing 31 - 40 of 2418 results for "Loan"

Investors livid over fresh portfolio valuation: Mayfair 101

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2024
... bridging lender, Naplend, will likely collect about $23 million in interest, fees and expenses on top of a $14.2 million loan facility from the sale of properties ASIC deemed speculative and high risk. McGrathNicol is estimated to receive about $3.5 ...

ASIC extends intervention orders against predatory lenders

CHLOE WALKER  |  MONDAY, 8 JAN 2024
ASIC has prolonged its product intervention orders for short-term and continuing credit contracts in a bid to protect vulnerable retail investors. The orders, which were first implemented in July 2022, will now be extended until 1 October 2032, or until ...

Court finds Canna Campbell infringed trademark

KARREN VERGARA  |  MONDAY, 8 JAN 2024
Financial adviser and finfluencer Canna Campbell was found guilty of infringing the trademark "Financial Foreplay" in her podcasts. The Federal Circuit and Family Court of Australia determined that the founder of SugarMamma TV and SASS Financial used ...

ASIC takes action on EverBlu, director

KARREN VERGARA  |  MONDAY, 18 DEC 2023
ASIC commenced civil penalty proceedings against Adam Blumenthal, the director of investment bank EverBlu Capital, for alleged market rigging and failing in his duties as a director to manage conflicts of interest. The case will also look at Blumenthal's ...

AustralianSuper supersizes Churchill Asset Management mandate

ANDREW MCKEAN  |  WEDNESDAY, 13 DEC 2023
... history, and we are pleased to provide AustralianSuper differentiated access to our directly originated, proprietary senior loan assets." AustralianSuper, which manages over A$7 billion in private credit globally, hopes to triple its exposure to the ...

Local housing market to reach inflection point: Research

CHLOE WALKER  |  TUESDAY, 12 DEC 2023
Research by CoreLogic suggests the Australian housing market is heading towards an inflection point, with the rate of growth in home values becoming more diverse but generally weakening. According to the research, commissioned by NAB for its December ...

Adviser with Investport links sees ban affirmed

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
... financial difficulties, with not enough in the SMSF to cover insurance payments, while facing a potential default on their home loan. The Administrative Appeals Tribunal affirmed that Anderson had failed to act in the best interests of her clients, and ...

Barings prepares new strategies for local institutional investors

ANDREW MCKEAN  |  TUESDAY, 5 DEC 2023
... into the market competitively, and not just relying on one or two providers, which might be fickle." While the leveraged loan market remains active with a steady stream of transactions, private debt players are increasingly capturing market share from ...

HSBC launches local venture debt offering

CASSANDRA BALDINI  |  MONDAY, 27 NOV 2023
HSBC has unveiled a venture debt offering to the Australian market which specifically targets technology focused startups. According to the banking giant, an initial $228 million has been allocated to the new offering, with loans ranging from $10 million ...

Maple-Brown Abbott loses sales head

ELIZABETH FRY  |  FRIDAY, 24 NOV 2023
... asset classes through the cycle represents a compelling proposition." Epsilon launched the Epsilon Direct Lending Senior Loan Fund in June this year, underpinned by a successful two-year track record from its first fund, the Epsilon Direct Lending Fund. ...