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| | | Pacific Equity Partners (PEP) will finance Household Capital, a reverse mortgage lender, to address the retirement funding and housing needs of senior Australians. PEP is investing in a financing layer of Household Capital's funding structure, alongside ... |
| | | | Given Australia's economic status, the government has been urged to liquidate the $250 billion Future Fund and pay down its $896 billion debt. According to a paper published by the Centre For Independent Studies, penned by Dimitri Burshtein, the ... |
| | | | ... paid $4.50 per share in fully franked dividends, up 17% year on year. The bank's massive profit has drawn the ire of the Finance Sector Union, which argues that on the back of the results, there should be no reason for it to continue to close branches ... |
| | | | ... structures that keep our tax system and capital markets strong," Treasurer Jim Chalmers said in a joint statement with the finance minister, attorney general and assistant treasurer. "We're also cracking down on the scourge of multinational tax avoidance ... |
| | | | The opportunities for private lenders to finance the growing demand for real estate credit is part of a long-term structural shift in Australia's lending market, MA Financial managing director real estate credit Cathy Houston says. Talking to Financial ... |
| | | | ... issued a warning. "ASIC is actively considering the conduct and obligations of third-party service providers to sustainable finance product issuers," the spokesperson said. "ASIC's jurisdiction includes, but is not limited to, providers with an AFSL ... |
| | | | ... compliance processes." The upgrades follow in a long line of recent developments for HUB24. In May, HUB24 agreed to buy finance app myprosperity for $40 million. "The acquisition is expected to deliver long term shareholder value by accelerating HUB24's ... |
| | | | The Reserve Bank of Australia (RBA) left the cash rate unchanged again at 4.1% but warns that more hikes are necessary to tame inflation. Outgoing governor Philip Lowe said Australia's central bank remains "resolute in its determination to return ... |
| | | | KKR Real Estate Finance Trust Inc (KREF) has recorded a $29.7 million (US$20 million) loss in its second quarter ending June 30. KKR & Co. said its integrated real estate platform saw a loss of $0.37 per diluted share. When adjusted for non-recurring ... |
| | | | ... February 2021, a media release issued in August 2018, in statements on its website, statements made in an interview with Finance News Network and statements made in a presentation at a Finance News Network Fund Manager Event, both of which were recorded ... |
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