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Showing 531 - 540 of 1874 results for "lending"

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 ...

Macquarie axes SMSF residential property loans

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAR 2019
... SMSF residential home loans from 30 April 2019." AMP, Westpac and Commonwealth Bank have already stopped offering SMSF lending for residential property, amid regulatory concerns and falling property prices. National Australia Bank stopped offering SMSF ...

Chief economist update: What's the RBA waiting for?

BENJAMIN ONG  |  FRIDAY, 15 MAR 2019
... outright disastrous. Indicators released this week - retail sales, business confidence and conditions, consumer sentiment, lending to households and businesses - all but confirm the weakening trend in the domestic economic activity. Add to this the worsening ...

Mortgage broker trail commissions to stay

KANIKA SOOD  |  WEDNESDAY, 13 MAR 2019
... year timeline. "The borrower, not the lender, should pay the mortgage broker a fee for acting in connection with home lending," Commissioner Kenneth Hayne recommended. "Changes in brokers' remuneration should be made over a period of two or three years ...

HNW advice firm backs AfterPay rival

KANIKA SOOD  |  TUESDAY, 12 MAR 2019
... 'considered purchase' payment plan market." "We have a number of UHNW clients who are looking to invest in this alternative lending space (both debt and equity), and we see PayRight as the perfect vehicle for us to make those investments." PayRight differs ...

Financial advisers evolving as wealth managers: Report

KARREN VERGARA  |  MONDAY, 4 MAR 2019
... one in four (25%) call themselves wealth managers, while 14% like to be known as investment managers. The 2018 Margin Lending Adviser Report also found that as high-net-worth investors demand more than just domestic equities advice from stockbrokers ...

YBR in trading halt, flags loss

KARREN VERGARA  |  MONDAY, 4 MAR 2019
... December 2018. The results include a material non-cash impairment charge on the carrying value of the wealth management and lending business and various other assets across the group, it said. However, the impairment will not affect the net present value ...

Fintech expands team for ongoing growth

JAMIE WILLIAMSON  |  WEDNESDAY, 27 FEB 2019
... Peter Martin joined FinClear as equity finance trader. He is a former chair and treasurer of the Australian Securities Lending Association. At State Street, Martin was head of agency securities lending trading. FinClear also added a new head of sales ...