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Showing 811 - 820 of 1883 results for "Lending"

ANZ pays $212,500 for responsible lending breach

ALEX BURKE  |  TUESDAY, 8 MAR 2016
ANZ has paid a $212,500 penalty for breaching responsible lending laws regarding overdraft facilities. The "ANZ Assured" overdraft facility can be applied to particular ANZ transaction accounts and has a limit of either $500 or $1,000. Offers to use ...

ANZ ready to fight ASIC over BBSW

MARK SMITH  |  MONDAY, 7 MAR 2016
... Melbourne for market manipulation of the bank bill swap rate, a key interest rate used to determine the cost of inter-bank lending, in the period March 2010 to May 2012. A statement released by ANZ said it will "vigorously defend legal action brought ...

Crouching services, contracting manufacturing

BENJAMIN ONG  |  WEDNESDAY, 2 MAR 2016
... policy easing - it cut the RRR rate from 20% to 19.5% in February 2015, followed up with a reduction in its benchmark lending rate from 5.6% to 5.35% in March and so on. China's central bank cut the RRR four times in 2015 taking it down from 20% to 17.5% ...

YBR chair appoints two chief executives in business revamp

ALEX BURKE  |  THURSDAY, 25 FEB 2016
... of a business and management restructure. Vow Financial chief executive Tim Brown has been appointed chief executive, lending; Yellow Brick Road chief executive Matt Lawler has been appointed chief executive, wealth management. The appointments occur ...

Who can dig a deeper hole?

BENJAMIN ONG  |  FRIDAY, 12 FEB 2016
Borrowers rejoice! Imagine how good it would be to have banks and other lending institutions pay you, I and Irene to take their money for whatever purpose we want to use them for - a facelift, a tummy tuck, education, holidays, a new car, another mortgage ...

Margin loans keep pace with shrinking customer-base

ALEX BURKE  |  WEDNESDAY, 10 FEB 2016
... the sector are increasing the amount they're borrowing, which reflects Investment Trends' modelling in its 2015 Margin Lending Investor Report. The report says investors are seeing the "undervalued" Australian share market as a gearing opportunity. Based ...

Aussie economy rebalancing okay

DARREN SNYDER  |  THURSDAY, 4 FEB 2016
... borrowing, that has peaked. House prices have peaked and are slowing down in terms of their growth rate, we're seeing lending slowing down, we're seeing borrowing and auction clearance rates are becoming weaker," Haslem said. "If we think about that ...

Strength in (A$) weakness

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2016
... unemployment rate declined in the second half of the year, even though measured GDP growth was below average. The pace of lending to businesses also picked up. "Inflation continues to be quite low (note "quite low" not low)... and "is likely to remain ...

BOJ goes negative to get postive

BENJAMIN ONG  |  MONDAY, 1 FEB 2016
... introduction of negative interest rates would ease current upward pressure on the Japanese yen while at the same time stimulate lending and consumption in the domestic economy. "It will cut the interest rate further into negative territory if judged ...

Margin lenders tighten policies after ASIC review

MARK SMITH  |  FRIDAY, 22 JAN 2016
... has pulled out of offering double geared loans and the remaining four have made commitments to reduce risks by changing lending policies. Extra buffers to allow for interest rate rises and changes in expenses, lower maximum allowable loan amounts and ...