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Showing 911 - 920 of 1883 results for "Lending"

IRESS reports profit increase in Australia

ALICE URIBE  |  THURSDAY, 21 AUG 2014
... interim franking of 40% (at a 30% tax rate). IRESS is a principal supplier of capital markets, wealth management, and lending systems in Australia, New Zealand, Singapore, Canada, South Africa and the United Kingdom

Cap market efficiency plummets

ALEX DUNNIN  |  WEDNESDAY, 20 AUG 2014
... Efficiency. This inwardly focused role of Australia's financial system is further illustrated by the structure of bank lending. ISA noted that in 1990 residential loans accounted for 15% of bank assets but by 2013 this ratio had increased two and a half ...

NAB quarterly profit up 7%

LAURA MILLAN  |  TUESDAY, 19 AUG 2014
... Recently appointed NAB Group chief executive Andrew Thorburn said: "While revenue growth remains challenging, Australian home lending continues to achieve market share gains and Australian business loan growth improved in what is traditionally a stronger ...

BOQ CEO resigns for overseas role

STAFF WRITER  |  WEDNESDAY, 13 AUG 2014
... operating officer in July 2012 and is responsible for a number of the transformative projects, such as digitisation of lending, that the Bank is undertaking. He also has oversight of the BOQ Finance and St Andrew's businesses and a number of functional ...

China's winning

BENJAMIN ONG  |  TUESDAY, 12 AUG 2014
... China's BRIC colleagues. The interest rate for those sectors is at 2.25%, 375 basis points lower than the actual one year lending rate." Must be why investors are heading back to China. The Shanghai Composite Index's up by 5.1% this year to date and ...

Market Wrap AM

AAP  |  MONDAY, 11 AUG 2014
... contract was up 37 points at 5,413. In local economic news on Monday, the Australian Bureau of Statistics releases June lending finance data. In equities news, Bendigo and Adelaide Bank and JB Hi-Fi are expected to post full year results. In Australia ...

NAB CEO rejigs executive team

LAURA MILLAN  |  FRIDAY, 1 AUG 2014
... Gray and Munro- "have agreed to stay on to complete an appropriate transition." Former NAB executive general manager of lending and deposits in the product and markets team Antony Cahill was also appointed group executive of product and markets. Thorburn ...

ME Bank makes key appointment from GE Capital

STAFF WRITER  |  TUESDAY, 29 JUL 2014
... Experian developing scorecard and decision systems and fraud solutions across Asia Pacific. ME Bank is looking to expand its lending portfolio in light of the new regime, including introducing new home, personal and business loan products. "We will work ...

The 60-year-old investing idea that keeps on giving

MICHELLE BALTAZAR  |  FRIDAY, 18 JUL 2014
An investment product that rose out of a fund manager's 60 year mortgage lending experience has just notched up its fourth positive research recommendation. The La Trobe Financial Pooled Mortgages Option (PMO) has just been rated 'recommended' by Zenith ...

Are super funds the new shadow banks?

JAMES FERNYHOUGH  |  FRIDAY, 18 JUL 2014
... funds providing the capital traditionally provided by banks. "A bank is well known for taking in money short-term and lending it out on long-term. And you can only survive as a bank if you know how to do this properly," he told Financial Standard. "But ...