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Showing 901 - 910 of 2671 results for "Purchase"

Westpac ditches SMSF lending

KARREN VERGARA  |  TUESDAY, 17 JUL 2018
... self-managed superannuation fund loan offering at the end of this month. Customers wanting to use SMSFs to borrow and purchase residential investment property in Australia will have to look elsewhere. The bank and its subsidiaries will cease SMSF loans ...

Robo-advice users in for the long haul

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JUL 2018
... clients are checking the progress of their portfolios at least once a month and their most common goal is the ability to purchase a property in the near-term; 25% of females flagged this, compared to just 10% of men. In contrast, more than half of Six ...

Infrastructure manager turns up the heat

HARRISON WORLEY  |  MONDAY, 9 JUL 2018
A $4.7 billion global infrastructure manager, and an investment consultant to several superannuation funds, has purchased a stake in a Norwegian heating network. Whitehelm Capital acquired a 49% stake in Kvitebjorn Varme AS, the owner and operator of ...

Chief economist update: Minutes of concerns

BENJAMIN ONG  |  FRIDAY, 6 JUL 2018
We're all much aware of the US Federal Reserve's optimistic outlook for America's economic growth, unemployment and inflation and that, as per the 13 June FOMC statement, the risks to this outlook "appear roughly balanced." However, the ...

MLC Life recruits head of underwriting

KARREN VERGARA  |  WEDNESDAY, 4 JUL 2018
... April, MLC launched its digital underwriting platform to help reduce the time it takes for advisers and customers to purchase life cover. "This will reduce the number of requests for further evidence, and allow our underwriters to focus on more complex ...

Chief economist update: Draining the swamp

BENJAMIN ONG  |  TUESDAY, 3 JUL 2018
... 19-month low." "Price pressures increased again in June, with both input costs and output charges rising at faster rates. Purchase price inflation was the joint-highest in the past seven years, while the increase in charges was the steepest since May ...

YBR offloads legacy wealth subsidiary

JAMIE WILLIAMSON  |  TUESDAY, 26 JUN 2018
... investment services business. YBR announced that Yellow Brick Road Investment Services has entered into a book sale and purchase agreement with INPRO Australia. The transaction will see INPRO senior financial adviser Alex Kean acquire YBRIS' advice ...

Chief economist update: Rate hike hawks in RBA dove's shadow

BENJAMIN ONG  |  TUESDAY, 26 JUN 2018
They're no mere mortals, they're three of the 10 highly-qualified and esteemed experts at the Centre for Applied Macroeconomic Analysis (CAMA) that currently sits as the CAMA RBA Shadow Board. They are Doctors Mark Crosby, Warwick McKibbin and ...

Sequoia sells direct equities business

ALEX BURKE  |  FRIDAY, 22 JUN 2018
... trading platform Morrison Securities. In December 2017, Sequoia announced a number of strategic investments, including the purchase of My Own Super Fund's client base and employed its founding director Mark Phillips as head accountant to the companies' ...

Chief economist update: Three ayes for a rate hike

BENJAMIN ONG  |  FRIDAY, 22 JUN 2018
Just like the other major world central banks that met before it this month - the Fed, ECB and BOJ - the Bank of England (BOE) did not disappoint market expectations (unlike in its May meeting where Governor Carney hinted at a rate hike months before ...