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Showing 611 - 620 of 6011 results for "Credit"

Fair Work ruling, ASIC put offshoring arrangements on notice

KARREN VERGARA  |  THURSDAY, 14 NOV 2024
... muscle on these arrangements. On September 26, the FWA determined that Joanna Pascua, who was a paralegal at Queensland credit repair law firm MyCRA Lawyers, was entitled to protections under the Fair Work Act. Pascua's work for MyCRA Lawyers was performed ...

Australian economy 'fundamentally sound': CBA

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... pressures remain challenging, consumer arrears - based on a 90-plus day arrears rate for home loans, personal loans, and credit card levels - were favourably impacted by seasonal trends over the quarter. CBA said arrears were also helped by higher average ...

Teaminvest partners to launch new fund

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
... assets securing the loan; and the ability to repay based on profit, cash flow and financial stability. "The investment and credit committees will rigorously review all loans to ensure the utmost diligence in credit approval," AWAG said. "The AWAG Succession ...

New PGIM chief executive named

MATTHEW WAI  |  MONDAY, 11 NOV 2024
... capabilities such as private equity secondaries and the expansion of expertise in existing asset classes, including private credit," Sullivan said. "Under David's leadership, PGIM has grown to become one of the premier global asset managers in the world ...

ANZ profit slides, cuts dividend

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
... Elliott said. "In what is a challenging period for the global economy, we managed the bank prudently with sound levels of credit provisions, liquidity, and funding. "Higher interest rates are impacting customers and we saw an increase in those requiring ...

Payton Capital eyes 'extensive growth', hires four

MATTHEW WAI  |  FRIDAY, 8 NOV 2024
... Payton's assets under management in two dynamic markets," Scholeffel said. "We are confident that with the building private credit market throughout the country and a strong team for both locations, we are well-positioned to continue expanding the ...

ASIC chair defends Chairman's Lounge memberships

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2024
... public?" Longo said everyone at ASIC must disclose which companies they interact with in their personal lives, including credit card issuers and insurance policies they hold, telling Pocock he doesn't receive perks or discounts from any of those that ...

Federal Court quashes case against ex-Dixon Advisory director

ANDREW MCKEAN  |  WEDNESDAY, 6 NOV 2024
The Federal Court has dealt ASIC a legal blow, dismissing its case against former Dixon Advisory director Paul Ryan and ordering the corporate regulator to cover his legal costs. The regulator accused Ryan of contravening his statutory duties as a director ...

Australian Unity offloads banking business

ELIZA BAVIN  |  WEDNESDAY, 6 NOV 2024
... late 2025. Under the agreement, Bank Australia will acquire Australian Unity banking customers and their existing loans, credit cards and deposit accounts, which at 30 June 2024 sat at approximately 25,000 customers, $1.4 billion in loans and credit ...

Future Fund delivers strong 11.9% return

ELIZA BAVIN  |  FRIDAY, 1 NOV 2024
... economy," Arndt said. "The Future Fund benefitted from this and also experienced positive contributions from its alternatives, credit and infrastructure holdings." Arndt added that while inflation is subsiding in much of the developed world, it remains ...