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Showing 631 - 640 of 1881 results for "Lending"

Financial advice under the Royal Commission spotlight next month

ALEX BURKE  |  TUESDAY, 13 MAR 2018
... the first hearing taking place on the 16th. The first round of public hearings commenced today and focused on consumer lending practices regarding credit products including home loans, car loans and credit cards. Case studies used in the hearings will ...

Skyring names new head of distribution

ALEX BURKE  |  TUESDAY, 13 MAR 2018
... 20. The Skyring Fixed Income Fund, according to a spokesperson, "has been established to meet a need created by tighter lending in Australia's commercial sector in the wake of the more restrictive Basel 3 requirements." "Having raised capital for multiple ...

FinTech Australia appoints interim chief executive

DARREN SNYDER  |  MONDAY, 12 MAR 2018
... regime in Australia; and Establishing steps toward a self-regulatory framework for the unsecured small business fintech lending industry Applications for the position of FinTech Australia chief executive are open until Friday, 23 March.

Chief economist update: Australia low on credit

BENJAMIN ONG  |  THURSDAY, 1 MAR 2018
... basis points higher at 2.5%). The details of the report show that despite buoyant business conditions and confidence, lending to businesses only quickened a bit to 3.5% in the year to January from 3.2% in December. This compares with the average annual ...

YBR's wealth arm gaining ground

KARREN VERGARA  |  MONDAY, 26 FEB 2018
... training, professionalism and advice initiatives have "received the strongest financial support ever received from our lending and wealth partners." "This is a demonstrated commitment to our growth initiatives and the strength of our network. In an environment ...

Former wealth group chief joins Macrovue

ALEX BURKE  |  THURSDAY, 22 FEB 2018
... Treasurer Scott Morrison congratulated the Australian fintechs, adding they represent a diverse range of businesses including lending, wealth management, insurance and regtechs. Australia's dominant showing in the Fintech100 reinforces the strong standing ...

Chief economist update: The dog ate my growth target

BENJAMIN ONG  |  TUESDAY, 20 FEB 2018
... than already high expectations for a CNY3.0 trillion outcome. With the increased liquidity in the economy comes increased lending. New yuan loans provided by China's banks surged to a record CNY2.9 trillion in January, a five-fold increase from the CNY584.4 ...

AMP cuts fees for new wholesale fund suite

ALEX BURKE  |  THURSDAY, 15 FEB 2018
... advice and SMSFs." AMP Bank also saw operating earnings rise 17% to $140 million, driven by a 14% boost in residential lending to $18.9 billion. The group's investment arm, AMP Capital, saw its highest net cashflows since 2003: $5.5 billion (FY 16: $967 ...

Morrison unveils open banking framework

KARREN VERGARA  |  MONDAY, 12 FEB 2018
... This covers deposit products such as term deposits; savings, transaction, cheque, mortgage offset, GST and tax accounts. Lending products include mortgages, personal loans and lines of credit. Scott Farrell, a senior partner at King and Wood Mallesons ...

AMP considers "all alternatives" in life insurance portfolio review

ALEX BURKE  |  THURSDAY, 8 FEB 2018
... advice and SMSFs." AMP Bank also saw operating earnings rise 17% to $140 million, driven by a 14% boost in residential lending to $18.9 billion. The group's investment arm, AMP Capital, saw its highest net cashflows since 2003: $5.5 billion (FY 16: $967 ...