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Showing 5501 - 5510 of 14214 results for "Interest"

Chief economist update: Home cooling

BENJAMIN ONG  |  WEDNESDAY, 21 MAR 2018
... of tighter macro-prudential regulations. Recall that, the Australian Prudential Regulations Authority (APRA) limited interest-only loans to 30% of total new housing credit in March last year. This followed its introduction of a 10% annual growth limit ...

ANZ considering IPO for subsidiary

KANIKA SOOD  |  TUESDAY, 20 MAR 2018
ANZ is looking at an initial public offering for a New Zealand subsidiary, after an attempt to sell it to a Chinese buyer was blocked last year. The bank was set to sell UDC Finance to Chinese behemoth HNA Group for NZ$660 million when the NZ regulator ...

ING appoints head of wealth from Suncorp

ALEX BURKE  |  TUESDAY, 20 MAR 2018
... framework in February. These revisions included lowering risk weights for LVR mortgage loans; increasing risk weights for interest-only loans and loans for investment purposes; and creating a single replacement methodology for the current advanced and ...

SMEs shun banks, turn to fintechs

KARREN VERGARA  |  MONDAY, 19 MAR 2018
Small-to-medium enterprises are increasingly shunning banks and turning to fintechs and alternative sources to fuel growth and operational needs, an SME growth sentiment index shows. The proportion of SMEs planning to use banks dropped from 38% to 24% ...

Super industry wants tougher insurance code

KARREN VERGARA  |  MONDAY, 19 MAR 2018
Industry stakeholders expect 90% of Australia's superannuation funds to sign the Insurance in Superannuation Voluntary Code of Practice before March 31, despite its several shortcomings. ANZ, AustralianSuper, MLC, MTAA Super, REST Industry Super and ...

Chief economist update: Plotting the dots

BENJAMIN ONG  |  MONDAY, 19 MAR 2018
... on 21 March. But perhaps, the right statement is not that markets are widely expecting the US Federal Reserve to raise interest rates this month, rather, markets dictate that the Fed does because as you and I know how markets behave when disappointed...they ...

Major super funds urge asset manager code adoption

KARREN VERGARA  |  THURSDAY, 15 MAR 2018
... signed an open letter by the CFA Institute asking asset manager to adhere to a code of conduct in an effort to protect the interest of members. Australian Ethical, AustralianSuper, First State Super, Kinetic Super, Sunsuper and VicSuper became signatories ...

Former Bennelong chair joins Copia

KANIKA SOOD  |  THURSDAY, 15 MAR 2018
... executive Sam Baillieu said. Copia's newest fund Vertium Asset Management is attracting significant retail and institutional interest following February's market volatility, the company said.

SMSFs ceding ground to direct investors in the ETF market

ALEX BURKE  |  WEDNESDAY, 14 MAR 2018
Direct investors' share of the ETF market is increasing, largely driven by a growing interest from the millennial contingent, according to Investment Trends and BetaShares research. The research found that while SMSF investors remain a key market for ...

Super calculators given further ASIC relief

DARREN SNYDER  |  WEDNESDAY, 14 MAR 2018
Deferment of several superannuation reforms until July 2019 means providers of super and retirement calculators have an extension to comply with a requirement that they must account for inflation. ASIC has postponed the commencement of this requirement ...