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Showing 1 - 10 of 590 results for "big four"

ANZ gets green light for Suncorp merger

CHLOE WALKER  |  TUESDAY, 20 FEB 2024
... continual erosion of competition is bad for consumers and bad for jobs," FSU national president Wendy Streets said. "The big four already have a stranglehold on banking in Australia and we are concerned about smaller banks being relentlessly consumed ...

Aware Super, ART hire member service heads

ELIZABETH FRY  |  MONDAY, 29 JAN 2024
... satisfaction surveys. With a profit-for-purpose social enterprise model, Bendigo has enjoyed a better reputation than its Big Four peers because of its culture of putting customers first. For three years, Rix has been on the judging panel for the CX ...

Prime Super appoints new custodian

ANDREW MCKEAN  |  TUESDAY, 19 DEC 2023
... intention to wind down custodial operations last November, wrapping up a 16-year custodial partnership with Prime Super. The big four bank decided to close its Asset Servicing business by 2025 following a strategic review and mandate losses. "Prime Super's ...

ANZ rakes in $7.4bn profit

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
In its full-year 2023 results, ANZ declared a cash profit of $7.4 billion, up 14% on the previous year. The big four bank said its proposed final dividend for 2023 also increased to 94 cents per share (cps), consisting of an 81 cps dividend partially ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... willing to give inflation any more leeway over summer for it to turn into something bigger than a blip," she said. The big four banks typically take 10 to 14 days to charge variable borrowers higher rates and give customers between two to three months' ...

Hostplus-backed redevelopment secures $295m from ANZ

JAMIE WILLIAMSON  |  THURSDAY, 19 OCT 2023
... projects and the right developers, build-to-sell is still a development strategy that will secure the support of the big four banks," he said. "ANZ's collaborative approach and innovative thinking has added a lot of value to the project to date and we ...

Rest hires former EISS Super risk chief

ELIZABETH FRY  |  FRIDAY, 15 SEP 2023
... Before taking the role at EISS, Lyons worked at KPMG as manager of financial services. Before her three years with the Big Four consultant in Australia, she specialised in audit in KPMG's Dublin office. This article first appeared in Industry Mov ...

Private credit to play critical role in the economy: MA Financial

CHLOE WALKER  |  TUESDAY, 8 AUG 2023
... likely to be better managed than in the major banks, following an exodus of experienced real estate financiers from the big four over the last decade. "The major banks are a great training ground for people such as myself... But what we tend to see is ...

Mortgage holders, retailers relax after rate pause

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... lenders from lifting their fixed and variable home loan rates, Mortgage Choice chief executive Anthony Waldron said. The big four banks boosted their owner-occupier fixed rates by 0.30%. NAB for example, put up the one-year fixed rate from 6.24% to 6.54% ...

FinClear buys cash investment platform

JAMIE WILLIAMSON  |  TUESDAY, 1 AUG 2023
... Transact1 operates a cloud-based platform which hosts numerous superannuation funds, international banks, and Australia's big four. It offers investors an aggregated selection of cash investment products and provides automated price discovery, portfolio ...
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