News
Radical home finance plan to slash costs
Tuesday 1st of July 2003
Wizard, Australia's largest non-bank lender
(also present in NZ Market. ed), hopes to launch an "equity finance" loan within a year, and banks may follow...
Under the proposal, homebuyers would need only to pay 70 per cent of the usual deposit and loan repayments. But Mr Turnbull's investment bank, Turnbull & Partners, would manage a fund that would be the "silent partner" in the ho...
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