The latest edition of the Enforcement Reporter published by the Hong Kong Securities and Futures Commission (HK-SFC) reports that the latter has recently reached two other agreements on Lehman Brothers (LB)-related products, involving repurchase offers totaling approximately $1.489 billion. To date, the SFC has reached agreements with 25 distributors and non-distributors of such products.
Falling luxury home values are dragging down the Australian property market while affordable properties continue to hold their value, according new data released today.
Mortgage defaults may be up and new home sales down, but the Australian property market is unlikely to crash and burn.
The combination of ongoing seller discounting, healthy rental income growth and longer term capital gains means that investors could benefit from the current market conditions.
The California Public Employees' Retirement System (CalPERS) has strongly endorsed a new guide by the Investor Steering Committee of the Alternative Investment Management Association (AIMA), the global hedge fund association, to promote better alignment of interests between institutional investors and hedge fund managers.
A decline in housing affordability and increased difficulties saving a deposit has shifted the average age of first home buyers upwards.
A report by the ABC's Four Corners has sparked renewed outrage over the export of live Australian cattle to parts of the world without animal welfare protections.
- Charter Hall Office now likely to sell all US assets- Sale price expected to be above book value- Proceeds to be returned to shareholders- Broker opinions on value remain splitBy Chris ShawFor some time Charter Hall Office REIT ((CQO)) has been intending to dispose of some of its US assets but the...
By Greg PeelThe Dow closed up 128 points or 1.0% while the S&P gained 1.1% to 1345 and the Nasdaq added 1.
Well, the old saw about selling in May and going away turned out to be pretty accurate after the big sell off in silver on May 7 triggered the market volatility of the past three and a bit weeks.
Vendor discounting and healthier rental growth should prove enticing to property investors, Mortgage Choice has claimed.
With the Memorial Day weekend which heralds the arrival of summer now a mere memory, market players will refocus their attention on the U.S. economy.
Adelaide Bank has announced its clawback structure to mortgage managers, but has not yet decided on clawbacks in the broker space.
Connective has promised service will be at the core of its white label offering, to be launched early in the new financial year in partnership with National Mortgage Company.
U.S. stocks finished the day's session and May on a buoyant note, shrugging off a spate of weak economic data as investors cheered a new bailout plan for Greece.
US consumer confidence fell from 66.0 to 60.8 in May, well short of forecasts centred on 66.5.
The Apple-Samsung legal battle has escalated last Friday when Samsung filed a motion for Apple to provide Samsung a sample of the next generation iPhone and iPad. Samsung claims that seeing the new Apple products will help Samsung evaluate any possible similarities to the Droid Charge and Galaxy Tab 10.1.
Many Australians are targeting more property deals now that the market is subdued, according to Mortgage Choice.
Westpac (ASX: WBC), one of Australia’s largest banks, has received final approval to open a branch in Beijing from the China Banking Regulatory Commission.
Australia envisions becoming a world-leading digital economy by the end of the decade by fully realising the benefits of the National Broadband Network (NBN).
Australia’s peak body for the building and construction industry says it could not support the introduction of a carbon tax from 1 July 2012 unless the government properly addresses the cost impact and uncertainty in relation to the increased cost to housing and to the building industry.
One out of four Australians will likely retire without homes given the present attitude toward superannuation, according to Retail Employees Superannuation Trust (REST).
Samsung Electronics Co., Ltd., the world leader in advanced memory technology, today announced that it is the first in the industry to start mass producing 32 gigabyte (GB) memory modules, essential for cloud computing and advanced server systems, using 30 nanometer (nm) class* four gigabit (Gb) DDR3 DRAM chips.
The significant interest rate hike in November last year has bitten, with Australian capital city dwelling values down 1.2 per cent in the three months to end April. Expensive suburbs have been the poorest performers in line with the share market.
Today’s market conditions favour property investors who are looking to benefit from ongoing seller discounting, healthy rental income growth and longer term capital gains. For those considering investing, here are hints and tips from Australia’s largest independently-owned mortgage broker Mortgage Choice:
- Lend Lease asset sales continue- Barangaroo and other projects on track- Valemus proving a better acquisition than first assumed- Brokers lift target prices By Greg PeelProperty developer Lend Lease Group ((LLC)) held an Investor Day last week to update the market on how things were progressing.
The technology sector is beginning to percolate and with the recent IPO's of social network companies, a bubble like the technology bubble seen during the late 90′s might just be in the early innings.
Mars Chocolate Australia has announced that it will source enough Rainforest Alliance Certified cocoa to cover the production of its iconic Mars Bar.
In spite of the Greek government’s recent assertion that they could avoid debt restructuring through strict adherence of austerity measures, European leaders have, nonetheless, been working to negotiate a deal to aid the fiscally-troubled Eurozone nation.
Shares in truck and trailer equipment supplier and manufacturer Maxitrans were one of the stars yesterday in a dull market.
