Search results for: discharge authority

[…] increase of $123 million primarily due to increased financial asset investments and a return to net outflow of funds to borrowers as record levels of repayment and discharge recorded in the prior year subsided with interest rates increasing across the market. IBA’s net assets of $2.1 billion were $121 million higher than in 2021–22, […]

[…] them to repay their loans sooner. Figure 7 shows the remaining loan terms of the active loan portfolio at 30 June 2016. Most IBA home loan borrowers discharge their loans early—on average, after approximately ten years. Having established adequate equity in their homes, IBA customers often turn to other lenders when they want to […]

[…] Income under both – — finance costs for discount expenditure at inception — unwinding of concessional discount, as the loan is repaid during its expected term to discharge. For the investment portfolio, fair market valuation results in cyclical movements in property and business valuations recorded in the Statement of Comprehensive Income. 94 INDIGENOUS BUSINESS […]

[…] Chair. The Board Chair may approve the procurement of such advice under the IBA Board Governance Charter as is necessary 36 ME_185334500_2 to permit the Committee to discharge its functions. If approved, the advice will be provided at IBA’s expense. 2. Nature of Committee deliverables Specific ‘deliverables’ are set out in connection with certain […]

[…] of Comprehensive Income under both: – finance costs for discount at inception – unwinding of concessional discount, as the loan is repaid during its expected term to discharge. For the investment portfolio, fair market valuation results in cyclical movements in property and business valuations recorded in the Statement of Comprehensive Income. Outlook IBA continues […]

[…] their loan with a mainstream bank and take advantage of competitive, low interest rates, which IBA views as a very successful outcome. This year saw our loans discharge in record numbers. In May 2021, IBA announced a strategic partnership with Australian Unity and Bank Australia, to help create accessible and simple pathways for customers […]

[…] business or invest in their future, and we will continue to work hard to grow our impact in the years ahead. The IBA Board, as the accountable authority, presents the 2018–19 Annual Performance Statements, as required under paragraph 39(1)(a) of the Public Governance, Performance and Accountability Act 2013 (PGPA Act). In the Board’s opinion, […]

[…] termination of this agreement. 6 Panel Provider ’s personnel 6.1 Adequate resources The Panel Provider must procure and maintain at all times adequate resources and Representatives to discharge its duties and obligations under this agreement. 6.2 General obligations The Panel Provider must ensure that its Key Personnel, Third Party Collaborators and Representatives have the […]

[…] the expiry or termination of this agreement. 6 Consultant’s personnel 6.1 Adequate resources The Consultant must procure and maintain at all times adequate resources and Representatives to discharge its duties and obligations under this agreement. 6.2 General obligations The Consultant must ensure that its Key Personnel, Sub- consultants and Representatives have the necessary skills, […]

[…] PARTNERING AND INVESTING WITH ABORIGINAL AND TORRES STRAIT ISLANDER PEOPLE, FAMILIES, AND COMMUNITIES TO OWN THEIR FUTURE. 07 ANNUAL REPORT 2017r18 The IBA Board, as the accountable authority, presents the 2017–18 Annual Performance Statements, as required under paragraph 39(1)(a) of the Public Governance, Performance and Accountability Act 2013 (PGPA Act). In the Board’s opinion, […]