by wade16 | Jul 29, 2021 | Uncategorized
What is the advantage of using a private lender versus a traditional bank? You may have experienced that banks and traditional lenders are not fast to lend funds or their loan parameters are too rigid and restrictive to certain types of borrowers or market sectors....
by wade16 | Jun 22, 2021 | Uncategorized
Superannuation funds get a lot of attention, but many of the industry’s biggest names are delivering poor returns for their clients. To see the evidence, check out the latest edition of Stockspot’s annual Fat Cat Funds Report, which covers the five years to June...
by wade16 | Jun 22, 2021 | Uncategorized
Australia’s mainstream banks are so busy deferring existing loans that they have very little capacity to write new ones. As of the 8th of May, the banks had deferred more than 643,000 loans due to the COVID-19 pandemic, according to the Australian Banking Association....
by wade16 | Jun 22, 2021 | Uncategorized
“It’s easier to just say no.” Those six words from ANZ chief executive Shayne Elliott tell you everything you need to know about how mainstream banks are approaching mortgages right now. In the past, mainstream banks were a lot more open-minded about borrowers...
by wade16 | Jun 22, 2021 | Uncategorized
How’s your superannuation been treating you lately? That’s a question investors would’ve been asking themselves if they’d read Industry Super Australia’s recent report, which calculated returns from MySuper products over the past five years. The median return was only...
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