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

Search Results

Showing 951 - 960 of 2174 results for "Mortgage"

Banksia serves as a warning

BEN COLLINS  |  THURSDAY, 22 NOV 2012
Failed non-bank lender Banksia Securities should serve as a warning for people investing in mortgage debentures, said Atchison Consultants. Banksia Securities and the related Cherry Fund Limited which recently went into receivership are mortgage debenture ...

Same old blues but some upside in 2013: Russell and Threadneedle

MARK SMITH  |  TUESDAY, 20 NOV 2012
... even before any beneficial impact from the Federal Reserve's recently announced QE3 policy, which is aimed at lowering mortgage costs," he said. "Meanwhile, the news from China shows signs of the economic slowdown having bottomed," he continued. "The ...

Fed money on the way

BENJAMIN ONG  |  TUESDAY, 20 NOV 2012
... announced last 13 September 2012. The day the Fed promised to "increase policy accommodation by purchasing additional agency mortgage-backed securities at a pace of $40 billion per month... for a considerable time after the economic recovery strengthens". ...

Low-volatility post-retirement solutions needed: Bell

MARK STORY  |  THURSDAY, 15 NOV 2012
Having concluded that too few investors will have sufficient capital to drive income in retirement, David Bell of St Davids Road Advisory expects to see growing interest in low-volatility, post-retirement solutions. Speaking at yesterday's Investment ...

Light-years before Macquarie and YBR bother banks

MARK SMITH  |  FRIDAY, 9 NOV 2012
The latest tie-up between Yellow Brick Road and Macquarie to launch mortgage products makes sense for both businesses, but it will be a long time before they can begin to turn the proposition into a profitable enterprise, according to Lincoln Indicator's ...

AUI calls it quits on two mortgage trusts

BEN COLLINS  |  THURSDAY, 8 NOV 2012
Poor market sentiment and the introduction of bank guarantees have forced the closure of two mortgage trusts. Australian Unity Investments (AUI) decided yesterday to close its Mortgage Income Trust (MIT) and Wholesale Mortgage Income Trust (WMIT). All ...

Westpac calm in face of storm

MARK SMITH  |  TUESDAY, 6 NOV 2012
Westpac's batten-down-the-hatches approach balance sheet management means it's better suited than its rivals to weather future financial storms. The bank is just emerging from a period of consolidation. Jobs have been cut and efficiencies made but the ...

Mortgage brokers told to target SMSFs

ALEX DUNNIN  |  MONDAY, 29 OCT 2012
... is turning them into one of the most attractive sectors of the investment market, this time attracting the interest of mortgage brokers who are being told they should target the sector. Doug Lee, head of mortgage sales at Macquarie Adviser Services ...

ANZ to chase more China assets

MARK SMITH  |  FRIDAY, 26 OCT 2012
... "We will be updating investors on the direction of this business next month." Some quarters have criticised the bank's mortgage lending arm for not passing Reserve Bank rate cuts onto the consumer. However, Smith dismissed the comments saying that ANZ ...

Fed decides not to decide

BENJAMIN ONG  |  THURSDAY, 25 OCT 2012
... The Fed decided not to change policy settings this month. "...the Committee will continue purchasing additional agency mortgage-backed securities at a pace of $40 billion per month. The Committee also will continue through the end of the year its program ...