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Showing 71 - 80 of 408 results for "Home loan"

Advice important for family conscious: Perpetual

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... translate to a deeper relationship with a financial adviser and a higher level of engagement on things like the will, a home loan or an investment portfolio," Lembit said. "Family and the need to protect family is at the core of what drives financial ...

Consultation on mortgage broker best interests duty opens

ALLY SELBY  |  THURSDAY, 20 FEB 2020
... stakeholders have been invited to provide submissions touching on the factors considered most relevant in assessing whether a home loan product is in the consumer's best interests; whether the overall value of a product should be considered where non-cost ...

ISA demands pull Combet from ME Bank

HARRISON WORLEY  |  MONDAY, 10 FEB 2020
Former politician Greg Combet has retired from the board of ME Bank, as his commitments to industry super heat up. Combet is departing the industry fund-owned bank after five years on the board, which commenced in November 2014. The former Labor minister ...

Bank of Mum and Dad forking out serious dosh

ALLY SELBY  |  TUESDAY, 14 JAN 2020
... our clients want to help their kids now when it will add the most value to them, whether that be helping them pay down home loan debt, assisting in buying a family car, holidays away or the school fees. This gives our Baby Boomer clients tremendous satisfaction ...

Free advice for bushfire victims

ELIZA BAVIN  |  MONDAY, 13 JAN 2020
... package includes waiving certain bank fees for those requiring urgent access to their funds, temporarily postponing home loan repayments, a one-off three month waiver form paying AMP life, total and permanent disability, trauma, income protection and ...

NAB faces half a billion in fines

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2019
... 'spot and refer' requirement by accepting information and documentation from unlicensed introducers, including completed home loan applications, payslips, copies of customer identification documents and more. ASIC said the program was allegedly exploited ...

CBA wealth boss to exit

KANIKA SOOD  |  WEDNESDAY, 13 NOV 2019
The chief executive of NewCo is set to exit among other changes to Commonwealth Bank's group executive lineup. Jason Yetton will depart in early January 2020 after just over 12 months in the role. To date, Yetton oversaw the divestment of Count ...

ACCC to probe rate cut decisions

HARRISON WORLEY  |  MONDAY, 14 OCT 2019
The Australian Competition and Consumer Commission (ACCC) has been directed by the government to immediately establish an inquiry into the behaviour of Australia's banks when it comes to passing on interest rate cuts. Announcing the inquiry on this ...

Treasurer moves on broker remuneration

ELIZABETH MCARTHUR  |  TUESDAY, 27 AUG 2019
... recommendations. "Mortgage brokers play an important role in promoting good consumer outcomes and competition in the home loan market. Mortgage brokers have a strong presence in the home loan market accounting for close to 60 % of home loans," Frydenberg ...

Court dismisses Westpac lending practice case

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
... March 2015, the bank failed to properly assess whether borrowers could meet repayment obligations before entering into home loan contracts. Westpac's automated system used a benchmark called the Household Expenditure Measure or HEM to assess consumer ...