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Showing 531 - 540 of 1881 results for "Lending"

Chief economist update: RBA May cut, May not

BENJAMIN ONG  |  FRIDAY, 3 MAY 2019
... chief executive Philip Chronican was more forthcoming: "Interest rate cuts would further squeeze bank margins, profits and lending capacity without doing much to boost the economy", as published in the Australian Financial Review. Yes Virginia, they're ...

IRESS partners with bank

ELIZABETH MCARTHUR  |  THURSDAY, 2 MAY 2019
... borrowers and brokers by simplifying the digital experience and creating faster turnaround times. IRESS' general manager, lending Phil Quin-Conroy said: "We are delighted to partner with Volt, who have a bold, customer-centric vision of leveraging digital ...

IRESS appoints managing director

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 MAY 2019
... Australia and the UK." "Phil joined IRESS two years ago and has successfully established and led the expansion of our lending business in Australia. "In the past two years I have been impressed by Phil, how he forms and builds teams and his focus on ...

APRA grants ADI licence to Judo Bank

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... sized business market with business loans, lines of credit, equipment loans, finance leases and home loans for business lending customers. Judo chairman Peter Hodgson said: "We are delighted to be granted an unrestricted banking license, helping to solidify ...

FSU seeks transparency on CBA job cuts

KARREN VERGARA  |  TUESDAY, 16 APR 2019
... continue to receive the same level of support and industry-leading content." The big four banks and AMP have exited SMSF lending, leaving Macquarie, Bendigo Bank and Bank of Queensland in the market.

ASIC outlines enforcement efforts

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 APR 2019
... said in 2019 misconduct involving AFS licensees would be looked at closely. It said: "We are also focusing on responsible lending breaches, as well as the sale of inappropriate products to consumers, which can potentially cause them harm."

Chief economist update: ECB digs deeper

BENJAMIN ONG  |  FRIDAY, 5 APR 2019
... the Governing Council's March 7 meeting where it decided to keep interest rates unchanged - repo at 0.00%; marginal lending facility at 0.25%; deposit facility at -0.40% - while at the same time extending its forward guidance that rates will remain ...

Financial product design and distribution law passes

KARREN VERGARA  |  THURSDAY, 4 APR 2019
... suspected contravention of the law and to make exemptions and modifications to the new arrangements. MySuper products, margin lending facilities, securities issued under an employee share scheme and fully-paid ordinary shares are exempt from the new ...

Chief economist update: No credit to the RBA

BENJAMIN ONG  |  MONDAY, 1 APR 2019
... 4.4% in the previous month - the 18th consecutive month of weakening year-on-year growth rates - as the annual growth in lending for investment housing declined form the double-digit rates of 2014/2015 to a mere 0.9% as at the end of February. Similarly ...

CFR, ATO report on SMSF borrowing arrangements

ELIZABETH MCARTHUR  |  MONDAY, 25 MAR 2019
... systemic risks in the future." However, regulators have already taken steps to reduce the risks associated with LRBAs. APRA's lending standards have been strengthened and ASIC's scrutiny of responsible lending compliance has increased. Treasury said ...