loans

Financial planning

Why did Ray White fail in wealth management?

The Ray White Group’s eight-year battle to break into the Australian financial advice market is over. How did it ultimately fail after so many years trying to succeed?...

Financial planning

Almost 10% of all loans granted repayment deferrals

The loans outstanding, which are cumulatively worth $274 billion, have been granted temporary repayment deferrals by deposit -taking institutions. ...

People & Products

$100 million debt facility announced by retirement funding group

ME Bank and specialist retirement funding provider Household Capital, which launched earlier this year, have announced a partnership to establish a $100 million wholesale...

Financial planning

Financial Circle slapped with interim injunctions

Financial Circle has been restrained from providing financial advice or carrying on a financial services business, following an interim injunction from the Federal Court ...

Superannuation

ATO concerned about $200 SMSF audits

Taxation Commissioner, Chris Jordan, has raised a red flag with respect to related party transactions and $200 audits....

Features

Laying down the law – legislation in limbo: SMSFs

Malavika Santhebennur looks at what legislative changes the SMSF sector can expect in 2016 and what remains in limbo in part two of this feature on SMSFs....

Superannuation

Court fines SMSF trustees $20k each over lending breaches

The trustees of an SMSF have been fined $40,000 after admitting to almost 70 breaches of the SIS Act, by the Federal Court of Australia....

Financial planning

Loans growing four times faster than wages

The average home loan has growth by 18.5 per cent compared with full-time wages growing 3.6 per cent and is this disparity is unlikely to change anytime soon, Mortgage Ch...

Life/Risk

Lenders likely to limit interest only loans

Mortgage lenders are likely to pull the plug on interest only loans in response to warning from APRA about the need to slow investor credit growth....