frozen

Investment Strategy

Australian Unity reveals extent of guarantee damage

Investors in Australian Unity Investments’ two mortgage funds withdrew $150 million in the week after the Government’s October 13 announcement of a bank deposit guarantee, before the mutual froze redemptions for a month last Wednesday and joined industry calls for ‘deposit-like’ products to be included in the guarantee.
Investment Strategy

How super funds can help lower interest rates

A proposal to issue mortgage-backed securities (MBSs) with government backing to unfreeze the domestic MBS market and drive down the cost of mortgages to consumers was put forward last month by the Australian Securitisation Forum (ASF). The model would copy the processes used to manufacture and distribute Canada Mortgage Bonds (CMB), of which $119 billion […]
Investment Strategy

How super funds can help lower interest rates

A proposal to issue mortgage-backed securities (MBSs) with government backing to unfreeze the domestic MBS market and drive down the cost of mortgages to consumers was put forward last month by the Australian Securitisation Forum (ASF). The model would copy the processes used to manufacture and distribute Canada Mortgage Bonds (CMB), of which $119 billion […]