Author: Jordan

Households could be paying tens of thousands of dollars more on their annual home loan interest bill if the RBA hikes the cash rate in line with expectations.New data from PropTrack has revealed where buyers face the biggest hit to their monthly interest bill, with experts warning the sharp U-turn in forecasts may catch many recent buyers off guard.But industry professionals say one segment of buyers is viewing the uncertainty as a good opportunity, and are preparing to jump in while others sit on the sidelines.Jump ahead to see how much another two rate hikes could cost buyers across the…

If you don’t think there is a mortgage type for you, think again. Most mortgages usually require a credit score of at least 620 (sometimes higher), tax returns that show a history of steady income, not too much debt and a down payment of no less than 5%. But, if you have less-than-perfect credit, a non-W2 job or you’re short on down payment savings, there are actually loan types made specifically for you. CNBC Select has compared dozens of mortgage lenders to find those with the most flexible approval requirements. For more information on how we made our choices, view…

President Cyril Ramaphosa has appointed Major General Puleng Dimpane as the acting National Police Commissioner following the precautionary suspension of General Fannie Masemola, who faces serious charges related to the Public Finance Management Act.Dimpane is currently the Chief Financial Officer in the South African Police Services (SAPS). She has been with SAPS for over two decades and holds a Bachelor’s Degree in Commerce as well as an Honours Degree in Business Administration.Her appointment comes after Masemola appeared in court earlier this week on four counts linked to alleged violations of the Public Finance Management Act.Addressing the nation from the Union Buildings in…

The Milwaukee Bucks have been hit repeatedly with bad news lately, but it sounds like at least one thing is trending in the right direction, and it’s Kevin Porter Jr. The guard, who opened the year as Milwaukee’s starting floor general, has played just nine minutes this season due to an ankle injury followed by meniscus surgery. Yet, Doc Rivers says his return is going according to plan.”Yeah, I think right on track then,” Rivers told reporters on Wednesday. “He looks good. He ran skeleton today and he looked good.”Even with the good news, Porter is still at least a…

Asset-light companies reshape private credit as lenders embrace intellectual property collateral, despite valuation challenges, legal risks, and AI-driven obsolescence concerns. Asset-light companies are changing the world of private credit. Unlike businesses that can rely on a heaping basket of assets like inventory, equipment, and real estate as collateral for private direct lending, these companies tend to use some of the most illiquid and difficult-to-value intellectual property (IP) as collateral. “Capital is increasingly being formed around asset-based finance [ABF] strategies, but it’s still relatively early innings of where ABF will grow to within private credit markets,” says Brian Armstrong, managing director,…

Melbourne-headquartered global equities firm Munro Partners, which oversees $7.6 billion in assets, maintains a constructive outlook for growth equities, believing the bull market will continue into 2026. Kieran Moore, a portfolio manager at the firm, notes that while their global growth portfolios have faced short-term challenges over one, three, and six-month horizons, the long-term view remains positive. A significant driver for this optimism is the anticipated ongoing spending on artificial intelligence infrastructure, which is expected to bolster earnings growth for numerous companies involved in building the necessary compute capabilities. Moore also indicated that short-term market volatility stemming from geopolitical conflict…

Rashmika Mandanna and Vijay Deverakonda tied the knot in Udaipur on February 26. As per reports, the couple will honour their corss cultural union by getting married in Telugu and Kondava traditions. While fans await photos from their nuptials, clips from the couple’s pre-wedding festivities are doing the rounds on social media. They hosted a sangeet ceremony on Wednesday, and the videos from the same are now viral. Despite confirming their wedding via an Instagram post, Rashmika Mandanna and Vijay Deverakonda have pulled out all stops to ensure there are no leaks from their wedding venue. As per reports, the…

Landbay is set to host a broker-focused webinar examining the impact of the Renters’ Rights Act on landlords and the wider private rental sector. The online session will feature Carrie Kus, independent housing sector consultant, and will provide an overview of confirmed legislative changes, what is expected in the coming months, and how brokers can support clients through the transition. Hosted by Alex Witham, regional account manager at Landbay, the webinar will cover key reforms including rent increases, rental bidding and the removal of Section 21. It will also look ahead to further regulatory developments such as Awaab’s Law and…

Vanguard could ‘flip narrative’ as key poach of Ally Bank exec positions it to meet ‘overwhelming demand’ for debit card, and finally stop acting like stodgy ETF company RIABiz Source link

For sharing news, please enter the email address of you and the receiver, then press SEND button. Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com Mainland Issues First Ultra-Long Special Treasury Bonds of the Year Totaling RMB119B China’s Ministry of Finance officially launched the issuance of ultra-long special treasury bonds for 2026 today (24th). The first batch comprises two tranches: RMB34 billion of 20… The window will close in 5 seconds Source link