The Customer Owned Banking Association, which represents smaller banks, credit unions and friendly societies welcomed APRA announcement of stricter capital requirements for mortgages. The CEO of COBA said the decision “brings us closer to a level playing field”. Under the current regime, major banks could allocate a lower amount of capital than other mortgage lenders. This gave the majors a funding cost advantage and was “distorting the market”. Suncorp Bank,...
| Domestic Income Funds | Yield* | Assets |
|---|---|---|
| Coolabah Floating-Rate High Yield (Mngd)-Ast Inv | 9.19% | Alternative Fixed Income |
| Coolabah Short Term Income (Managed) | 5.42% | Alternative Fixed Income |
| Coolabah Short Term Income-Assisted | 5.82% | Alternative Fixed Income |
| Coolabah Short Term Income-Direct | 5.42% | Alternative Fixed Income |
| Finexia Childcare | 10.00% | Childcare Credit |
| Finexia StayCo | 10.00% | Accommodation |
| Barings | 9.00% | Real Estate |
| Qualitas Real Estate (QRI) | 9.00% | Real Estate |
* ANNUALISED INCOME DECLARED OVER PAST 3 MONTHS AT 1 FEB 24