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DomaCom completes integration with BGL, Australia’s leading Self-Managed Super Fund administration platform

DomaCom Limited (ASX:DCL) (‘DomaCom’ or ‘the Company’) is pleased to announce that the Company’s platform has been integrated with BGL Corporate Solutions Pty Ltd. (‘BGL’) Simple Fund 360, Australia’s leading self-managed superannuation fund (SMSF) administration solution. BGL has implemented a seamless data interface with DomaCom which will allow 200,000+ SMSF’s to use the DomaCom Fund.

03 Mar 2021

DomaCom ready to help Australians benefit from Government measures to improve retirement outcomes

From Domacom

Fractional investment platform provider DomaCom Limited (ASX:DCL) (‘DomaCom’ or ‘the Company’) is pleased to advise that its Senior Equity Release product is ideally suited to help Australian retirees benefit from recent Government measures introduced to improve retirement outcomes. The Company’s Senior Release Equity Release product offers the opportunity for senior Australians to access their housing wealth

03 Dec 2020

DomaCom partners with BlueCHP to deliver $250m in affordable housing for essential workers

From Domacom

Fractional investment platform provider DomaCom Limited (ASX:DCL) (‘DomaCom’ or ‘the Company’) is pleased to announce that it has partnered with leading Australian Community Housing Provider (CHP) BlueCHP Limited to deliver up to $250 million in affordable housing for essential workers (teachers, nurses, firefighters, police) during 2021. DomaCom and BlueCHP are aiming to begin with an

11 Nov 2020

DomaCom announces $3.6m placement as part of a $16.6m recapitalisation proposal with potential $300m additional FUM

From Domacom

Highlights DomaCom Limited (ASX:DCL) (‘DomaCom’ or ‘Company’) has entered into a placement agreement with FQC Fintech 2 Pty Ltd to raise approx. $2 million. AustAgri Group Limited (AAGL) has agreed to underwrite a further $1.6 million placement DomaCom has also entered into an implementation agreement relating to a proposal (subject to conditions including DomaCom shareholder approval)

07 Sep 2020

ATO confirmation on part disposal of home for downsizer contributions extends to DomaCom’s Senior Equity Release

From Domacom

DomaCom Limited (ASX:DCL) (‘DomaCom’ or ‘the Company’) is pleased to announce that it has received confirmation from the ATO that a part disposal of a person’s home can be made to make a downsizer contribution. In particular, the ATO’s “Administrative Binding Advice” (ABA) confirms part disposal of a home for downsizer contributions. This means that a person

18 Aug 2020

DomaCom acquires first property for newly-launched Rent-to-Own product

From Domacom

Fractional investment platform provider DomaCom Limited is pleased to announce that the first property for its innovative new Rent-to-Own product has been acquired in the Melbourne suburb of Moonee Ponds. The one-bedroom apartment in the Mason Square development was acquired for $447,000. Property manager, Rent Exchange, is currently seeking a suitable tenant. A model like

10 Jul 2020

DomaCom’s FUM hits $72 m, up over 10% since 1 April

From Domacom

The fractional investment platform provider, DomaCom, has enjoyed a growth spurt since 1 April 2020 with Funds under Management (FUM) rising 10.4% to $70.9 million. Investments in the DFS Pooled Mortgage Sub-Fund, the Badgery’s Creek land bank project and its first Rent-to-Own property syndication have underpinned the growth. DomaCom CEO Arthur Naoumidis said: “It is pleasing to

23 Jun 2020

Rural property helps in investment diversification

From Domacom

It has long been held that diversification is a key strategy to minimising risk. It’s a strategy that sees the inclusion of a variety of investments in a portfolio. Assets such as property can be further diversified by including different types of property in different geographic locations and whilst diversification will minimise capital risk overall

09 Apr 2020

ATO provides Sole Purpose Test guidance to DomaCom

From Domacom

DomaCom Limited (ASX: DCL) (DomaCom) is pleased to announce that DomaCom and the Australian Tax Office (ATO) have reached agreement on the conditions under which the ATO will not apply compliance resources regarding the Sole Purpose Test (SPT) for an investment by an SMSF into a DomaCom sub-fund that owns a residential property, where a

01 Nov 2019

DomaCom secures HALO Technologies as cornerstone investor

From Domacom

DomaCom Limited (ASX: DCL) (DomaCom) is pleased to announce that HALO Investment Co Pty Limited, a subsidiary of HALO Technologies Pty Ltd (together HALO) is the institutional investor that was announced on 6th September 2019 as subscribing to a placement for $500K and has subscribed to a further $700K of shares at 7.42 cents to take their investment

20 Sep 2019

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DomaCom completes integration with BGL, Australia’s leading Self-Managed Super Fund administration platform

DomaCom ready to help Australians benefit from Government measures to improve retirement outcomes

DomaCom partners with BlueCHP to deliver $250m in affordable housing for essential workers

DomaCom announces $3.6m placement as part of a $16.6m recapitalisation proposal with potential $300m additional FUM

ATO confirmation on part disposal of home for downsizer contributions extends to DomaCom’s Senior Equity Release

DomaCom acquires first property for newly-launched Rent-to-Own product

DomaCom’s FUM hits $72 m, up over 10% since 1 April

Rural property helps in investment diversification

ATO provides Sole Purpose Test guidance to DomaCom

DomaCom secures HALO Technologies as cornerstone investor

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