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Showing 541 - 550 of 1899 results for "Lendi"

Property risks dip at Coalition win, APRA easing

KANIKA SOOD  |  WEDNESDAY, 22 MAY 2019
UBS has materially reduced downside risk for housing as last Saturday's elections lay to rest Labor's negative gearing plans and separately, APRA is easing its stance on mortgage lending. "The main implication of the election is the absence of expected ...

Credit fund launches to wholesale investors

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2019
A new credit fund has opened to wholesale investors and will soon launch on the ASX. The Moelis Australia Fixed Income Fund targets the RBA cash rate return plus 4% per annum or 5.5%. The fund invests in diversified credit, including inventory funding ...

NSX managing director steps down

HARRISON WORLEY  |  TUESDAY, 21 MAY 2019
The managing director of the National Stock Exchange of Australia is set to leave after 10 years. The NSX has announced Ann Bowering has decided not to extend her contract, and will leave the stock exchange on July 5. Bowering served as managing director ...

Fintech no real threat: Researcher

ELIZABETH MCARTHUR  |  TUESDAY, 21 MAY 2019
Australia's big banks are well placed to defend their position against fintechs hoping to disrupt the industry, according to a new report from Moody's. While fintechs may be seen to pose a growing threat, large banks have the financial resources to ...

Chief economist update: The (trade) war is back on

BENJAMIN ONG  |  MONDAY, 13 MAY 2019
"If it weren't for the last minute, nothing would get done." - Rita Mae Brown. This famous quote might be true in general, but it certainly didn't apply to the 11th hour, last minute trade negotiations between the United States and China on ...

The state of the banks

ELIZABETH MCARTHUR  |  TUESDAY, 7 MAY 2019
The big accounting firms have released their analysis of the big banks' half year results, noting a continued decline in cash profits for the first half of 2019. The major Australian banks reported a combined cash profit after tax from continuing operations ...

Financial advice drags BTFG results

KARREN VERGARA  |  MONDAY, 6 MAY 2019
BT Financial Group has farewelled a number of its advisers over the last six months as the group continues to offload its loss-making financial advice arm, its latest interim results show. BTFG has reduced its financial planning workforce by about 28% ...

Chief economist update: RBA May cut, May not

BENJAMIN ONG  |  FRIDAY, 3 MAY 2019
A funny thing happened along the way to the Reserve Bank of Australia's (RBA) scheduled monetary policy meeting on May 7 and ahead of the May 18 Federal Election. While the slowing momentum in Australia's economic and survey indicators, and ...

IRESS partners with bank

ELIZABETH MCARTHUR  |  THURSDAY, 2 MAY 2019
Financial technology provider IRESS has partnered with one of Australia's newest banks for a streamlined mortgage offering. A new partnership between IRESS and Volt will see IRESS' mortgage software, MSO, rolled out to Volt's mortgage customers. One ...

IRESS appoints managing director

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 MAY 2019
A former head of business consulting for MLC and head of insurance and licensee services for National Australia Bank will take on a leadership role at IRESS. IRESS has announced the appointment of Phil Quin-Conroy to the role of managing director of ...