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Showing 671 - 680 of 1875 results for "lending"

DomaCom and ASIC reach agreement on retirement products

JAMIE WILLIAMSON  |  WEDNESDAY, 13 SEP 2017
... property investor DomaCom has received relief from ASIC to enable to delivery of its newly-developed reverse mortgage lending product. DomaCom has received a decision in principle from the regulator to approve the relief to allow the Senior Equity Release ...

Infradebt attracts super fund investment

EMMA RAPAPORT  |  MONDAY, 4 SEP 2017
... which provides investors with direct access to the private infrastructure debt market. The fund will directly originate lending opportunities with project proponents, co-invest in syndicated lending facilities, and trade opportunistically in the secondary ...

Hedge fund takes over Slater and Gordon

ALEX BURKE  |  MONDAY, 4 SEP 2017
... Gordon is set to be taken over by a consortium of hedge funds. The consortium, led by Anchorage Capital, have committed to lending a further $50 million in working capital to the troubled firm in exchange for 95% ownership of the local business and sole ...

CBA commits to bond-structured climate change solutions

EMMA RAPAPORT  |  WEDNESDAY, 30 AUG 2017
... global warming to below two degrees, it has loaned $6 billion to fossil fuels, more than four times its renewable energy lending. The group also claims that the bank financed several new fossil fuel projects that, over their lifetimes, would add another ...

ASIC flags stronger adviser surveillance

KARREN VERGARA  |  WEDNESDAY, 23 AUG 2017
... its biyearly enforcement outcomes report. The most prevalent misconduct within financial services related to credit and lending (59%), followed by other miscellaneous misconduct (30%), dishonest conduct and misleading statements (8%), and theft, fraud ...

Former investment bankers behind new platform

JAMIE WILLIAMSON  |  THURSDAY, 10 AUG 2017
... access to a unique secondary market in which units can be traded with other investors on the platform. "Our partnering lending model allows us to access the billions of dollars in investment funds seeking highly prospective projects that were previously ...

Class action on the cards for ASX healthcare firm

ALEX BURKE  |  TUESDAY, 1 AUG 2017
... proposed class action is open to shareholders who purchased Sirtex shares from 24 August to 9 December 2016. Litigation Lending Services chief executive Stuart Price said that his firm will fund the claim assuming sufficient shareholder interest. Over ...

Australian businesses lift borrowing

BENJAMIN ONG  |  TUESDAY, 1 AUG 2017
... for June. Even though housing remains the bigger credit component with 62% of total credit as against 33% for business lending, faster growth in business lending has strong positive multiplier effects on the economy in terms of investment in building ...

DomaCom to ease issue of retirement funding

JAMIE WILLIAMSON  |  FRIDAY, 28 JUL 2017
Fractional property investment platform DomaCom has signaled a move into reverse mortgage lending, confirming it is developing a senior equity release product to be available before 2018. In its quarterly update DomaCom outlined its plans for a senior ...

In-house investment bears fruit for AustralianSuper

DARREN SNYDER  |  FRIDAY, 28 JUL 2017
... in corporate credit previously and we're just building what will, in time, be a sizeable portfolio," Silk said. "We are lending direct to a number of organisations - Visy and National Storage being a couple of them. We're also finding that corporates ...