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Showing 541 - 550 of 1881 results for "Lending"

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 ...

Stamford Capital expands into Victoria

KANIKA SOOD  |  TUESDAY, 26 FEB 2019
... estate projects for property developers or owners. Last year, it originated $1 billion in commercial mortgages. It's lending is underwritten by former Citigroup banker Doug Farrell's Sydney-based private equity firm Quintet Partners, which recently ...

IRESS reports strong 2018

JAMIE WILLIAMSON  |  FRIDAY, 22 FEB 2019
... as key drivers, including significant deliveries to large wealth management and financial advice clients, momentum in lending and increased innovation across the IRESS offering. The Australia and New Zealand (ANZ) Wealth Management segment saw operating ...

Royal Commission recommendations split industry

KARREN VERGARA  |  MONDAY, 18 FEB 2019
... better inform consumer decision making. "The final report was light on addressing remedies for consumers from irresponsible lending and in certain circumstances an obligation to forgive debt might encourage better compliance," Cook said. This week's ...