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Search ResultsShowing 1 - 10 of 57 results for "DomaCom"
DomaCom partners for Sharia-compliant home loans
KANIKA SOOD  |  MONDAY, 21 DEC 2020
Fractional property investor DomaCom and Islamic wealth firm Crescent Group have entered a partnership to offer a new home finance product aimed at 700,000 Muslim Australians. DomaCom and Crescent Group have entered exclusive heads of agreement with ...
DomaCom to deliver affordable housing
ANNABELLE DICKSON  |  MONDAY, 9 NOV 2020
Fractional investment provider DomaCom has partnered with a community housing provider to deliver affordable housing for essential workers and returns for its investors. DomaCom and BlueCHP have agreed to the $250 million affordable housing project ...
ATO clarifies part disposal rules: DomaCom
ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
Fractional investment platform DomaCom has received confirmation from the tax office that a part disposal of a home can work for downsizer contributions for SMSF trustees to allow them to stay in their home. The ATO's Administrative Binding Advice confirms ...
DomaCom launches senior equity release product
ELIZABETH MCARTHUR  |  THURSDAY, 13 JUN 2019
... first of its kind senior equity release product for Australia, targeting financial advisers working with clients over 60. DomaCom's senior equity release product launched this week with an accreditation course that will enable advisers to provide sign-off ...
DomaCom partners with big four bank
HARRISON WORLEY  |  FRIDAY, 1 FEB 2019
A big four bank will pilot fractional property investing with DomaCom. The investment platform said it had partnered with an unnamed big four bank, who is set to launch a six-month pilot for fractional investment with the firm. According to DomaCom ...
DomaCom raises more capital
HARRISON WORLEY  |  TUESDAY, 11 DEC 2018
Fractional property investment firm DomaCom recently raised about $3 million in capital. After its recent win in the Federal Court, the firm is aiming to capitalise on its success by recapitalising. In a press release this week, the firm said it secured ...
DomaCom, DFS establish $4.1m sub-fund
HARRISON WORLEY  |  THURSDAY, 8 NOV 2018
DomaCom partnered with DFS Portfolio Solutions to launch a $4.1m mortgage sub-fund. DomaCom announced an allocation to two mortgage investments through the firm's first branded mortgage fund with DFS. The firm said the two mortgages total around $4.1 ...
DomaCom concludes Federal Court action
KARREN VERGARA  |  TUESDAY, 25 SEP 2018
Federal Court proceedings supported by DomaCom have concluded, allowing an SMSF to invest in DomaCom's fund even if a related party is a tenant in the underlying property. Last month, the Federal Court found that the sole purpose test was not breached ...
Federal Court rules partly in favour of DomaCom
HARRISON WORLEY  |  TUESDAY, 14 AUG 2018
... Federal Court found the Sole Purpose Test was not breached when a related party of an SMSF rented a property held by the DomaCom Burwood sub-fund. In a response to the ruling, DomaCom chief executive Arthur Naoumidis said the SMSF property solution provider ...
DomaCom increases financial planner exposure
JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2018
DomaCom has entered an integration agreement with the most widely used financial planning software in Australia. Under a new partnership, users of IRESS' XPLAN can now include DomaCom sub-fund investments in client portfolio reports. Properties are ...
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