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La Trobe fined for misleading investors in $5b fund

The firm was fined for false and misleading marketing of its $5.15 billion Australian Credit fund over three years.

Used 2020 Crystal Pearl & Black Roof Toyota C-hr Koba Wagon for sale in Guildford, NSW

Used 2020 Crystal Pearl & Black Roof Toyota C-hr Koba Wagon for sale in Guildford, NSW
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Why turning to accountants to shore up rental applications could be problematic

Why turning to accountants to shore up rental applications could be problematic By John Buckley 20 April 2021 | 1 minute read SHARE Accountants are increasingly being pressured to provide capacity to repay statements, as real estate agents and landlords join the banks in shifting credit assessment risk amid a booming property market. The practice of banks asking accountants to sign off on a client’s ability to repay a loan has been a cyclical issue for the profession, but the trend has now extended to real estate agents and landlords who are flocking to accountants to shore up rental applications. In parts of regional Australia, where property vacancy rates are hovering around the 1 per cent mark, said Gavin Swan, director of Absolute Accounting Services on NSW’s Central Coast, it’s a relatively new trend. 

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