Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 2045 results for "Mortgage"

Federal Reserve raises interest rates to a 22-year high

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
... moderate pace. While housing activity in the sector has picked up but remained well below prior years, reflecting higher mortgage rates. Like the sentiment shared by the Reserve Bank of Australia (RBA), Powell said inflation remains well above the Fed's ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... highlighted the upside risks to inflation and the outlook for interest rates," it added. On the flip side, the RBA acknowledged mortgage repayments were around a record high in May, inflation is on the decline, CPI data came in weaker, and economic slowing ...

European pension fund hands MaxCap $200m

CASSANDRA BALDINI  |  THURSDAY, 13 JUL 2023
... first real estate debt investment in the Australian market. The initial investment will be allocated through the First Mortgage investment option offered by MaxCap Investment Trust (MIT), its flagship, diversified and evergreen commercial real estate ...

Ownership changes spur upheaval in unit trust sector

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
... was owned by the Commonwealth Bank. CBA sold CFSGAM for $4.2 billion in 2019 as part of demerging its asset management, mortgage broking and wealth businesses following the Royal Commission. In terms of recent acquisitions, Pendal Group, which lost $5.2 ...

RBA pause short but sweet: Mousina

CASSANDRA BALDINI  |  WEDNESDAY, 5 JUL 2023
... very resilient to interest rate increases, and maybe the consumer has accumulated savings that provide a good buffer to mortgage debt. "Maybe inflation will come down a bit faster, so the RBA won't need to raise rates as much." Ultimately, what happens ...

TelstraSuper introduces new option, drops premiums

JAMIE WILLIAMSON  |  MONDAY, 26 JUN 2023
TelstraSuper is making changes to its investment menu, while also decreasing income protection premiums for members. The $25 billion corporate fund is introducing a new option for accumulation and TTR members from next month, the Moderate investment ...

Advice practice valuations rise: Radar Results

KARREN VERGARA  |  FRIDAY, 9 JUN 2023
... heading with an economic downturn worldwide, possibly having unstable outcomes. Financial planning client businesses, mortgage businesses, and accounting practices tend to shield themselves from adverse trends and show a positive return on the investment ...

Advisers pivot to protect retirees from inflation

CASSANDRA BALDINI  |  WEDNESDAY, 7 JUN 2023
... expensive foods while their prices peak, as well as shopping around for better deals when it comes to energy providers or mortgage providers and making additional superannuation contributions. "Retirees should only be making short-term sacrifices to ...

Cash rate hits 4.1%

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... may stick to its economics, but it is not immune to political pressures as small businesses and young families with a mortgage struggle with another rate increase. "The pace of rate increases leaves the economy in unchartered territory with the official ...

ASIC bans former Madison adviser

CASSANDRA BALDINI  |  TUESDAY, 6 JUN 2023
... substantive review of ASIC's decision. Vick's business comprised a group of companies that provided services in property sales, mortgage broking, accounting and financial advice, ASIC said. It found that the former adviser did not act in the best interests ...